Category Archives: Business

An Overview of Sahm Adrangi’s Report on Eastman Kodak Company Rise

Posted on 19 April, 2018 in Business, Business Leaders, Entrepreneur, Investment Bankers, Investment Management

Sahm Adrangi is the chief investment officer at Kerrisdale Capital Management. He lives in New York City, and is aged 33 years. Sahm has a degree from Yale University in Bachelor of Arts in Economics. Before he founded this excellent company, Kerrisdale Capital Management, Sahm Adrangi was an investment analyst in Longacre Fund Management for some time. During that time, he would conduct investment research and analysis for equity fund and credit fund. Earlier on, Sahm Adrangi also worked with Chanin Capital Partners in the bankruptcy-restructuring group. Here, Chanin Capital Partners, Sahm Adrangi helped in advising the creditors, represented bank debts holders, equity committees, and bondholder committees. Where he currently works, Kerrisdale Capital Management, they are committed to the long-term value of investments and focus on the special situations. The company leads in emerging investment approaches to broaden the investments communities.

In recent news, there has been a striking report made by Sahm on the issues regarding Eastman Kodak Company. The published report explains the short rise in stock by 187 percent of the Eastman Kodak Company, commercial imaging, and printing company. This rise has rendered the shares to rise, which may not benefit the shareholders. Sahm Adrangi in the report believes that the named company, Eastman Kodak Company, does not have a sustainable capital structure and poor fundamentals. Kerrisdale Capital management has a position in the Eastman Kodak Company and anticipates a benefit if only the shares fall. Sahm says in the report that the strategic advisor and the lead developer of the Eastman Kodak Company are companies that cannot be trusted because of their dubious methods of operation. Kerrisdale is convinced that the result of that announcement was to attempt to eliminate some shareholders. The announcement revealed partnership in launching a block chain and a photo-centric cryptocurrency. Sahm Adrangi insists that the sire of the shares rose on means that were not agreeable or justifiable and this affects the benefits of the Eastman Kodak Company shareholders. The report points out that the members of the board of directors of the Kodak Company had laid strict measures before the announcement was made public.

https://twitter.com/sahmadrangi

Jason Hope Implores Change in Biotechnology

Posted on 23 March, 2018 in Business, Jason Hope

There is always going to be change and innovation coming in the world of science and technology. Jason Hope, an entrepreneur behind the mobile communications success of Jawa, has been right at the front line of that innovation. Jason Hope was born and raised in Tempe, AZ before he went on to attend Arizona State University. At ASU, Hope would chase a degree in finance before going on to attend the WP Carey School of Business. Hope quickly jumped into the business world after graduating and he has since been uniquely focused on pushing the envelope in several key industries. While Jason Hope has made a name for himself in mobile communications, as well as the Internet of Things, his larger focus has been on the field of biotechnology. Let’s dig into what this means for the future of the technology.

Biotechnology isn’t a subject limited to textbooks and Michael Crichton novels. Biotechnology has very real, and very powerful, real-world impact. Jason Hope lives by the concept of futurism which means that he is always looking for the next tidal change that is coming in to sweep the world off of its feet. This led Hope to look at medicine in the anti-aging field. Jason Hope doesn’t believe that aging has to be the end-all of everything related to the human condition. That is why Hope did extensive research before connecting with the SENS Foundation.

The SENS Foundation is a non-profit medical research facility out of California that is uniquely focused on fighting age-related illness. The goal of the foundation, which is led by CEO Mike Kope and Dr. Aubrey de Grey, is to find solutions to some of the most common and painful age-related illnesses: Alzheimer’s, Parkinson’s, and Arteriosclerosis. The SENS Foundation immediately caught Hope’s eye because they are doing something special in a field that will be rapidly growing for years on end.

Jason Hope would meet Aubrey de Grey, the CSO at the SENS Foundation, and the two would hit it off almost immediately. Hope says that he admires the work that Dr. de Grey is doing and that their work is ‘essential’ to the very advancement of medicine in the future. This led Hope to donate $500,000 toward the cause. The donation was announced at the Breakthrough Philanthropy event in San Francisco, hosted by Peter Thiel of the Thiel Foundation, and his money was put to almost immediate use by the SENS Foundation.

Contact  Jason Hope: en.wikipedia.org/wiki/SENS_Research_Foundation

Why Michael Lacey and Jim Larkin Set Up The Frontera Fund

Posted on 22 December, 2017 in Activism, Business

The Lacey and Larkin Frontera Fund was set up by two former journalists, Jim Larkin and Michael Lacey. They set it up with a $3.75 million settlement they were awarded in their lawsuit against Maricopa County in Arizona. The Frontera Fund provides financial support to nonprofits that address human rights concerns, including the rights of migrants in the United States.

It was on 10-18-2007 that both Michael Lacey and Jim Larkin were woken up in their respective homes by police officers. The police officers had been sent by the notorious former Sheriff of Maricopa County, Joe Arpaio. The reason why they were arrested in the middle of the night and place in jail was because the Sheriff wanted to get obtain notes they each had. These notes were about grand jury proceedings that involved the Sheriff.

Of even more concern was that the grand jury proceedings that these two journalists had notes about wanted to know the name of every person who had read one of their articles that had been published in the New Times. Being reporters, both Larkin and Lacey were well acquainted with defending their first amendment rights and so they sued the county over their mistreatment.

After Jim Larkin and Michael Lacey’s case went all the way up to to the ninth court United States Court of Appeals, they prevailed in their case against the county. In order to help others defend their rights they set up the Frontera Fund with their settlement money so that those who can’t defend themselves have access to those that can help.

In addition to providing financial support to human rights organizations, the Frontera Fund also has a website that is designed to keep people informed about issues involving immigration, human rights, and what is going on politically. They have a whole section dedicated to keeping a watch on Donald Trump, called Trump Watch.

The articles in this section cover such things as the fact that Joe Arpaio is now actually considering running for a seat in the United States Senate. Other articles discuss DACA (Deferred Action for Childhood Arrivals) which had been a program that protected young people who had been brought across the border while they were just children.

Learn more about Lacey and Larkin:

Relevant Links

https://twitter.com/JimLarkin_


Anthony Petrello philanthropic works

Posted on 07 November, 2017 in Business, Business Leaders

When Anthony Petrello welcomed his daughter Carena into this world, he never hoped that he would undergo through the challenges that he has seen. He hoped that his daughter would be a great person leading normal life like any other normal person today. However, this was not to be true. His daughter was born with a medical condition that has made his life hard and almost unbearable. Carena was born with a neurological disorder that prevented adequate transfer of blood into his brain. The result was that his brain was getting low amounts of oxygen that would not facilitate normal body operations. The problem, deteriorated later after she developed another condition known as Cerebral Palsy. This is a condition that has made her unable to make normal body motions such as chewing, walking and talking. This problem has saddened Anthony Petrello very much. He has been to all corners of the world trying to find a medical treatment that would work for his daughter. This has however failed to give any positive rewards as all the hospitals he has visited lack units that deal with neurological problems that affect children.

Surprised by the lack of medical facilities that would provide medical attention to his daughter, Anthony Petrello embarked on a process of finding a hospital in his neighborhood that would help him resolve this case. In his visits to various top medical facilities in the world, he realized that the problem lied in lack of medical research in this field of medicine. No medical facility has ever researched how such medical conditions deserve to be treated.

Anthony Petrello decided to initiate a research Centre that would deal with this problem once and for all. Petrello came up with a plan that would see him contribute funds that would support the operations of Neurological Research Centre. It is located in the Texas Children Hospital. Anthony Petrello Kickstarted his initiative with a contribution of $5 million that would be used to hire top medical doctors and surgeons who would conduct the necessary research.

Anthony Petrello hopes to see the suffering of the children suffering from these disorders alleviated. It has been painful to watch his daughter struggle to accomplish some basic tasks, and he would never hope for another child to go through the same experience. Anthony Petrello had promised to continue supporting the initiative until a point in time when a medical treatment id finally discovered.

To know more visit @: www.crunchbase.com/person/anthony-petrello#/entity

The Equifax Security Breach and Freedom Debt Relief

Posted on 16 October, 2017 in Business

Earlier in the year, Equifax, which is one of the three U.S. credit monitoring bureaus was able to be hacked by hackers which left nearly half of the country exposed to theft since social security numbers addresses, birthdays and more personal information exposed in the process. This is the type of stuff that credit and loan decisions come from. There are ways for someone to protect themselves from situations like this, one of those is by registering for free credit monitoring and protection. For those who would like to sign up for this service, they have until November 21 to sign up for free credit monitoring and to be able to put a freeze on their Equifax report so that creditors would not be able to have access to it. Another way is by reviewing your credit report. By law each person is able to review a copy of each of the three major credit bureaus per year. Reviewing your accounts frequently is another effective way to help prevent theft and fraud because by doing this it will help someone notice if there are any unauthorized activity that shows up on their accounts. If a person does come across some suspicious activity on their accounts, reporting it immediately will help so that you have the ability to dispute the charges and so that you will be able to freeze or cancel the credit card immediately.

Freedom Debt Relief is a U.S. debt resolution company based out of San Mateo California. It is part of the Freedom Financial Network, which is also a financial service company headquartered in San Mateo. The company was founded in 2002 by Co-Founders and CEOs Brad Stroh and Andrew Housser who are both Stanford Graduate School of Business graduates. Freedom Financial Network negotiates for those who are in debt that are experiencing financial hardship while trying to help them avoid filing for bankruptcy. The company has enrolled over 400,000 clients since it began in 2002 and has reached the $7 billion mark for debts they have been able to resolve for their customers.Click here to watch video.


Tony Petrello’s Philanthrophic Nature And Successful Career

Posted on 02 October, 2017 in Business, Business Leaders

Nabors Industries is an enterprise that has been on the quest to establish itself as a world leader in oil and natural gas exploration. The company has been undertaking this activity for a very long time such that it has been able to adopt the best technology used in oil exploration. Initially, the company was known as Anglo Energy, however, in the course of time and under the guidance of different managers, the company ended up being renamed to Nabors Industries Ltd.

Various onshore and offshore drilling operations have been undertaken by the corporation, and it boasts of being able to find the precious commodity in regions of the world where other companies cannot venture. Nabors Industries has explored regions such as Africa, the Middle East, and the Far East. Since the establishment of the organization in 1968, and even when different directors took over management of the company’s operations, no much success was experienced, and as a result, very little was known about the drilling firm.

However, when Anthony G. Petrello was appointed to the managerial position, the organization became very prolific, and its services became highly demanded in different regions of the world. Nabors Industries does not associate itself with the oil refinery business, but it is only contracted by other companies to help in finding oil and natural gas. Tony took over the management mantle in 2012, and for sure, the company has continually been expanding since then.

Anthony G Petrello, on the other hand, is associated with a unique character that is not easily found in most people and that is his philanthropic nature. Anthony G Petrello has given out a lot of finance to the less fortunate in the society, and the peak of his philanthropy became evident when he offered over $5 million that was meant to help in financing research for cure of the deadly Periventricular Leukomalacia. Such an undertaking has contributed to creating a positive image for Tony Petrello, and it was also motivated by the fact that his daughter Carena Petrello suffers from the same complication.

To successfully give out such huge amount as a donation, one must be earning quite a huge sum of money, and that applies for Tony Petrello. In 2015, Tony was estimated to have received a total of $ 27,123,939. Tony holds different managerial positions in various organizations, and the financial reward that he gets is as a result of his hard work. Such companies include Hilcorp Energy Company and Texas Children’s Hospital.

For details: www.nabors.com/about-nabors/leadership-team

Talos Energy is the Operator of the Mexico’s Zama-1 Well

Posted on 19 September, 2017 in Business, Industry

Mexico nationalized its oil industry in 1938, and Petróleos Mexicanos better known as Pemex was created to solely oversee all the activities in the oil sector; the Mexico’s government owns Pemex. For over 79 years, Pemex controlled Mexico’s oil industry. However, in 2015, Mexico voted to allow foreign companies to own and operate oil wells and other oil facilities within her borders.

Three companies won rights to prospect oil in Mexico: Premier Oil, Talos Energy, and Sierra Oil & gas. Talos is an American company, Premier is based in the UK, and Sierra is a Mexican firm. The three companies are currently undertaking their first venture, the Zama-1 well. The well is located in Sureste Basin off the state of Tabasco. In a statement issued by Premier in May 2017, the well would take three months to reach completion. Premier said that it would contribute $16 million towards the venture. Zama is estimated to hold over 500 million barrels of the crude natural resource. In the joint venture, Premier owns 35%, Sierra controls 40%, and Talos, which is the operator of the well, owns 35%.

Financial industry pundits have weighed in on Mexico’s decision to allow foreign players back into her oil industry. Elaine Reynolds of Edison Investment Research indicated that Zama would be the center of attention for players in the oil sector. He added that Zama 1 would likely be a success as shown by geological dynamics. Charlie Sharp of Canaccord Genuity suggests that Zama is an interesting well owing to the implications it would have on the Mexican market.

Talos Energy, the operator of the Zama well, is headquartered in Houston. The private company focuses on oil & gas exploration and acquisition of businesses in the oil & gas industry. The company’s activities are targeted at Gulf of Mexico and Gulf Coast. Talos Energy is associated with Apollo Global Management and Riverstone Holdings LLC.

In 2013, WorkplaceDynamics indicated that Talos was the best workplace among small businesses in Houston. The CEO of Talos Tim Duncan has ensured that Talos’ employees own part of the company and are therefore motivated.


Sawyer Howitt Life

Posted on 23 March, 2017 in Business

Do you want to start a business? If you do, a lot of things need to happen if you are going to have success. Many people today struggle with the various ways that they must save and invest their capital in order to have success with investing. Not only must you think about the future, but you need to think about the long term as well. A lot of people struggle with dealing with short term losses. Sawyer Howitt is the type of person who is able to invest at a rapid rate. Not only can he continue to work hard in the face of overwhelming odds, but he truly believes that the work that he is doing is changing the world for the better. Sawyer Howitt is a great business owner who is going to change the world with the work that he is doing in a variety of areas.

See: https://www.pinterest.com/sawyerhowitt/


An Overview of Todd Lubar’s Personal and Professional Life

Posted on 09 February, 2017 in Business

Todd Lubar is the TDL Global Ventures, LLC president. He also holds the post of Senior Vice President to Legendary Investments. Todd went studied at Sidwell Friends School based in Washington DC (1977-1987) when he proceeded to high school at The Peddie School in Hightstown , New Jersey. After his high school education, he enrolled at Syracuse University where he graduated with a B.A. in speech communication in 1995.

Work History

After graduation, Todd got his first job with the Crestar Mortgage Corporation. He stayed at this firm from 1995-1999. He then joined Legacy Financial group that was based in Arlington Texas. Todd helped in growing the Maryland office to become a production unit raking in numerous 100 million dollars annually in loan volume. He stayed on with the company until 2005 and decided to move on up by accepting to become the senior VP at Charter Funding, a First Magnus Financial Group division, based in Arizona. He worked in the same position until the month of August, 2007.

Going Back to His Roots

At that time, the mortgage industry was undergoing a lot of changes and Todd decided to go back to his roots. He started focusing on acquisition money mortgage inauguration with the Priority Financial Services. Priority Financial Services specializes in assisting home owners and buyers irrespective of their credit rating to get homes. The loan experts work hard to ensure that customers get services in an easy and fast process to enable them start saving to reach their financial goals. As much as Todd has focused primarily on mortgage banking in his career, it did not stop him from investing in other industries. Todd owns a number of companies operating in the Demolition Industry, recycling industry, night club industry and the real estate improvement industry.

Industry Ranking and Experience

Todd Lubar’s name has featured constantly for several years in the top 25 ranking of mortgage originators operating in the country. His vast experience in various industries has equipped him with the necessary skills and knowledge on what makes a business run efficiently, and how to excel in any business environment. Recently, Todd has ventured into another new industry that is focused solely on lending a helping hand to people who are in need.

Need help? Contact a professional via toddlubar.com.

More information on Mr. Lubar available on his angel.co profile and at https://www.rebelmouse.com/todd_lubar/.


Eliminating Traffic In Williamson County

Posted on 07 February, 2017 in Business

It was during the 19th edition of the annual Williamson County Growth Summit that transit experts convened to offer their insights on traffic which is the biggest challenge facing the county of Williamson. Those present in the Summit included Mike Heiligenstein who heads the CTRMA (Central Regional Mobility Authority), Jared Ficklin who works at ArgoDesigns, Joseph Kosper of RideScout LLC, and Leandre Johns who serves as the External Affairs Director at the Uber Technologies Inc. in Texas. This Summit was an excellent opportunity to discuss the transport challenges that are faced by the Austin’s region and how the use of technology has changed the transportation face in the area.

 

The Growth Summit took place at the Sheraton Georgetown Texas Hotel and Conference Center. Mike stated that the issue of modern technologies like apps for ridesharing and vehicles that are driverless could significantly change the transportation infrastructure. He added that it is important that Austin’s region invests more in expanding its transportation capacity by constructing more roads that are also smarter. Mike stated that the region would be serving the mobility demands of its fast expanding population in which majority of its growth is based in the suburbs. He also congratulated the Williamson County for its excellent work in structuring the infrastructure and added that more still needs to be done.

 

Mr. Ficklin talked about the future parking garage and said that it would be different from the current one. The parking garage will have levels that are just 5ft tall with multiple levels and a charging and service station and different levels. He added that this does not fit in the current building codes and that adjustments need to be done. Leandre Johns from Uber said that commuters in the county require first and last mile solutions that will get them on and off public transit.

 

Mike Heiligenstein has been serving as the Executive Director at CTRMA since 2003. His career is focused on the development of infrastructure in the region of Central Texas. Mike was appointed as the President of the IBTTA (International Bridge, Tunnel and Turnpike Association) in 2014. He serves as a member of the Texas A&M transport Institute Advisory Council. Mike is a graduate of the University of Texas. He has a Master’s degree in Government and Business Administration. He is a member of the Texas Department of Transportation’s Texas Technology Task Force.

Learn more:

http://www.mystatesman.com/news/opinion/heiligenstein-mopac-project-one-many-mobility-solutions/xMGCtppQvuEzYlFe8FuhSK/