Tag Archives: BitCoin

Sahm Adrangi Thinks Kodak May Have to Answer to the SEC

Home | Business | Sahm Adrangi Thinks Kodak May Have to Answer to the SEC

While mainstream investing consists of investing capital in businesses that are expected to increase in worth, short selling is the opposite and it has made Sahm Adrangi a lot of money. Sahm Adrangi is known as a value investor, a value investor is someone who makes their investment decisions based on personal beliefs and values. He has a long and extensive history of calling out these companies publicly and initiating short-selling attacks to bet against them.

His most recent short sale that has been making national headlines is his attack on the Kodak Eastman Company. While Kodak Eastman has been around for a very long time, in recent years their bottom line has suffered and they have been in constant danger of having to declare bankruptcy. Despite a lot of hype surrounding their new KodakOne and KodakCoin products, Sahm Adrangi does not think they will even get out of the development phase. KodakOne and KodakCoin are Kodak’s attempt to join the cryptocurrency bandwagon and Sahm Adrangi believes that it will be at the expense of the investors who are falling fro the buzzwords without knowing much about digital currency or the blockchain technology that is touted as being a vital part of KodakOne.

As the Chief Investment Officer of Kerrisdale Capital Management LLC, Sahm Adrangi has made millions for the company and their investors with his spot on predictions of the future of questionable companies. From Chinese owned businesses that traded on the US stock market to pharmaceutical companies trying to push bad drugs, Sahm Adrangi isn’t afraid to speak his mind and let everyone know what he is thinking. Both Kodak and the company they have partnered with for the project, Wenn Digital, have a history of suspicious behavior and connections to fraud. Some of Kodak’s latest actions may also be subject to an investigation from the SEC. With his past predictions being correct to a stunning degree of accuracy, investors and news sources are listening. After Kerrisdale Capital released its negative report on Kodak, it seems like it is only time before Adrangi’s predictions come to fruition and the company goes under.

 

https://www.cnbc.com/2016/05/05/short-seller-kerrisdale-to-target-dish-network.html

www.businessinsider.com/meet-hedge-funder-sahm-adrangi-2013-10

Jordan Lindsay is a Financial Services Provider and Guru

Home | Business | Jordan Lindsay is a Financial Services Provider and Guru

If you have been a keen follower of cryptocurrency headlines, then you are probably aware that 2017 was relatively a favorable year for Initial Coin Offerings. What you probably don’t know is the fact that the 752 ICOs introduced to the market in the last year cost over $5 billion. This amount surpassed the initial stage funding that was raised by venture capitalists in the history of the business.

75 percent of corporations like Microsoft and its counterparts are beginning to embrace ICOs and blockchain technology. Similarly, extreme companies like Kik as well as Aptoide are adopting the same investment model. As such, this trend is projected to proceed into this year (2018). Nevertheless, the big question lies in the series of news headlines regarding what lies ahead of the cryptocurrency and blockchain technology as well as the ICOs. Inclusive of the funding mechanism, especially for start-ups, there have been a plethora of questions regarding the eventuality of success or even failure.

In 2017, most ICOs aimed at the enormous numbers while striving to come up with about $100 million. With that said, most of them succeeded. Unlike that duration, the current trend is taking a somewhat lean direction with the graph subsiding. Over time, crowdfunding has become the in-thing within the industry. As such, more countries are stepping into the game by creating limitations regarding the amount a company can raise annually. Now instead of crowdfunding, companies will delve into raising the bare minimum.

Most companies with a running product in the vicinity are far much successful than companies with a possibly viable idea that has not been implemented. Currently, there are new opportunities for emerging players who would like to expand their businesses. Moreover, the IT industry is flourishing under ICOs. Alongside multiple CVs that have joined the movement, more companies are expected to join the blockchain business.

Jordan Lindsay grew up in New York. He loved sports and was very active as a child. Currently a veteran and trader in financial services, he has mastered the art of using technology to grow businesses. Also, a self-taught programmer and a guru in systems architecture and design, Lindsay is an alumnus of Mount Angel Seminary. All too often, he offers advice regarding the future of cryptocurrencies and blockchains.

https://about.me/jordanlindsey