Monthly Archives: March 2016

Predictions of Doom By Kyle Bass A Bust

Posted on 30 March, 2016 in Leading a Corporation

Kyle Bass, the founder and key executive of the hedge fund Hayman Capital Management has filed an inter partes review petition on behalf of his group the Coalition for Affordable Drugs. This review is challenging a patent covering a multiple sclerosis drug Tecfidera dimethyl fumarate issued by Biogen Inc. Mr. Bass apparently formed his Coalition, or CFAD, as a front organization for challenging pharmaceutical patents. He has filed multiple petitions claiming his goal was to encourage competition in the manufacturing of pharmaceuticals to help bring down their prices to the general public This statement, however, was later confirmed not to be true when Bass finally openly admitted that his main motive for challenging the patents of so many companies was to simply make a profit by shorting their stocks.

Things turned worse for Bass when he challenged the Celgene Corporation in 2015. In that year, he filed a suit and the reply by the Celgene corporation was devastating. In their answer from the Patent and Trademark Office, Celgene received permission to file a motion seeking damages against Kyle Bass and the Coalition for Affordable Drugs for abusing the patent review process for their own enrichment. As of last October Bass and his, Coalition had filed 33 petitions for inter partes reviews. Some of these petitions were actually multiple causes for the same patent. 10 of the petitions were denied outright.

Kyle Bass is the primary officer and creator of Hayman Capital Management L.P. a Dallas, Texas Hedge Fund. Bass succeeded early in his career by predicting and profiting from the subprime mortgage scandal that rocked the financial world in 2008. However since that success the years have not been kind to Bass and his company. After the subprime crisis hit in 2008 Kyle Bass determined that it was just a symptom of a much more significant worldwide debt problem and not just confined to the United States.  In 2012 his doomsday prediction was that the Eurozone would completely break apart leading up to a collapse of the Japanese economy and that in the United States If that weren’t bad enough in 2014 he went on to predict that the following few years would be full of turmoil and upheaval that would include armed regional conflicts and even wars.

For several years now he has been predicting financial doom for Japan describing the Japanese economy as a giant Ponzi scheme ready to collapse and destroy its citizens. However, most financial experts totally disagree with his assessment and dismiss his doom and gloom predictions as a total failure in his understanding of sovereign debt and currency supply.

In addition to his dismal prediction record his hedge fund hasn’t fared any better. In 2007, Hayman Capital earned 212% shorting subprime mortgages. In the next 8 years, the fund averaged just 1.56% annualized returns. Full story available on http://usefulstooges.com/2015/08/24/kyle-bass-the-frantic-investments-of-a-desperate-gambler/

QNET Empowering Women Throughout the World

Posted on 24 March, 2016 in Women in Business

QNET is a a direct selling company based in Asia. They specialize in selling products directly to consumers. QNET mainly sell products such as women’s health, wellness and beauty, makeup, and luxury watches. QNET is a perennial frontrunner when it comes to promoting women starting their own businesses, and being the breadwinners of their families. In this day and age it is ever so important that women have a direct impact on the global economy. Not only do they keep things peaceful, but they are able to facilitate a well oiled machine that keeps the economy rolling. 

Women are naturally nurturing and therefore play a pivotal role when it comes to getting things done. Their nurturing nature allows them to prevail with cool heads, when otherwise a male would make foolish mistakes because he let his emotions get to the best of him. This is why QNET firmly believes that women are no longer just the ones who are supposed to stay at home all day, and do mundane task such as washing dishes, cleaning the house, washing clothes, and taking care of the children. All the things that has traditionally been set for a women to do is no longer set and stone.

QNET was founded in 1998 in Hong Kong. With more than 25 offices and locations throughout the world. It is easy to see that QNET is a leader when it comes to the direct selling industry. QNET also participates in sponsoring sports teams throughout the world. The sports they sponsor include badminton, football and many more. As of recently QNET just signed a new sponsorship for 3 years with the Manchester City Football Club. For more information please feel free to visit this link.

Skout Travel adds New Layer to Skout App

Posted on 22 March, 2016 in Apps

It can become very difficult for app creators to keep the app users invested in a particular app. People hear about apps through television and word-of-mouth from friends and they sign up. They may utilize the app for a little while, but they will often find themselves looking for the next hottest thing that comes along. It can be so easy for people to download an app one moment and delete the same app a moment later.

The Skout developers have realized this, and they have taken great measure to implement a variety of different things that can engage users. For new users, the “shake to chat” feature may be something that is very enjoyable. It is through this feature that people have the ability use their phone and instantly start up a conversation with a random stranger for about 60 seconds. It is after the 60 seconds that the profile of the person you have been chatting with will be revealed. A lot of new users find this very enjoyable as they take on the possibilities of meeting new people.

There is also another feature of this app that allows people to pinpoint other local people that may be interested in going out on a date or simply hanging out. This is something that a lot of users find interesting if they are single. That allows them to potentially set up dates without paying for a premium dating service app subscription.

All of these are very interesting features, but Skout creators do not realize that there is a lot of potential for users to become bored with these pictures after they have used these things for a while. That is why there is a lot of excitement about the new travel feature that is available through this application.

It is with this feature that a lot of users get the opportunity to go on a virtual tour of different cities throughout the world. The great thing about this feature is that it is something that can continue to engage users that have been signed up for this app for a while. Skout does not feature every city in the world, but this travel feature will continue to grow and expand as the app receives updates.

DeVos and a Legacy of Philanthropy

Posted on 22 March, 2016 in Charitable Leaders

Of the many individuals and organizations that contribute to philanthropic causes, it’s no rare occurrence to find wealthy investors and their families taking an invested role in charities and angel investing that mirror their moral convictions and passions that are aimed towards bettering society, both locally and at large.

The DeVos family’s current philanthropic efforts seem to stem primarily from Richard DeVos, who, with a net worth of $5 billion is one of the wealthiest Americans in the United States. With access to this wealth, it’s not a surprise that Richard, along with his wife Helen, has established the Richard and Helen DeVos Foundation, based out of their home state of Michigan, which focuses primarily on educational reform. Outside of this specific focus, the DeVos family has also invested a great deal of money and attention in socially conservative causes.

Of all the socially conservative recipients of their donations, religious groups seem to be a favorite, including parochial schools, Christian youth groups and charities that promote faith across the state of Michigan. One of the better known organizations they donate to is Focus on the Family, which is also involved with political conservatives. And it’s politics that seem to interest them most, influencing political campaigns through policy groups like the American Enterprise Institute, the Heritage Foundation and Freedomworks, all which promote conservative values and right-leaning policy. On his own, Richard DeVos has financially supported Newt Gingrich and Rick Santorum during their bids for Republican nomination for president.

Dick DeVos has had a diverse career in business that has taken him to disparate positions as a manager and executive in companies in different markets across the country. Between 1993 to 2002, after three years as President and CEO of the Orlando Magic, DeVos was President of Amway, coordinating business efforts in 50 countries all over the world, managing sales in excess of $4.5 billion.

In his personal life, Dick DeVos has been an advocate for educational reforms, and has done so through charitable organizations like Education Freedom Fund, which has awarded thousands of scholarships to students in need across the state of Michigan. He also spent a time sitting on the State Board of Education in Michigan.

Glad to see the Grand Rapids area make another “best of” list! Thank you all for your role in making our city great.

Posted by Dick DeVos on Friday, March 11, 2016

Learn About The Show Queens Of Drama

Posted on 17 March, 2016 in Television

Do you want to know what Queens of Drama is about? Read on to find out what it’s about, who the characters are in it and more.

What’s The Show About
Queens of Drama is a reality show that centers around numerous former soap opera actresses. The actresses’ goal is to land a new series on television. Developing a show, pitching and producing a show are all the things the actresses do throughout the show. They work hard to make everything happen by the end of the season.

The show features popular former actresses, which include Lindsay Hartley, Chrystee Pharris, Hunter Tylo and Vanessa Marcil. The show also stars the very talented Crystal Hunt, who has many fans from all around the world.

About Crystal Hunt
Crystal Hunt is one of the most popular actresses on Queens of Drama, and she has been on the show since 2015, which is when the series first started to air on television. Metacritic says on the show, Hunt is a well-balanced character who is all about business, but she is also compassionate and is an overall good person who is passionate about acting and she is a good business woman.

She has also done plenty of work outside the show, including having a huge base of Facebook fans. When she was just a child, she ended up participating in pageants that centered around acting, and since then she has gone on to star in many commercials. She starred in a commercial with the former band NSYNC and she once starred in a commercial for the Walt Disney Company.

As you can see, Hunt is a very talented actress and a successful businesswoman.

Finding the Right Hair Product With Wen by Chaz

Posted on 17 March, 2016 in Hair Washing Experience

When it comes to haircare products, it is difficult to find anything better than what WEN by Chaz offers  on Sephora.com for you. Now, this is not a complete haircare system. One of the most common misconceptions about the product is that it is a shampoo. It isn’t. It is a specially designed conditioner for bringing out more life from your hair, making it thicker, fuller and increasing the shine of your hair, regardless of if you have thinner or thicker hair. Knowing what Wen by Chaz Dean is able to do for you is important and knowing what is going to be coming in the package when you order it (it is subscription based and not available in stores) is a good idea as well.

Wen hair comes in larger containers with a pump option attached to the top. There are a few different sizes, but the most common is the same basic size you might find with any other large bottle of conditioner. After you wash your hair, the Wen bottle recommends a certain number of pumps to cover your hair. Of course, this is more of a guideline than anything else. Thicker hair will require more of the product than thinner hair and longer will naturally take more than shorter.

Make sure to wash your hair completely. This is one of the major problems people run into. Because it is so thick, if you do not wash and rinse your hair out completely it will weigh it down. As long as you do this, you’ll have truly beautiful hair.