Sahm Adrangi and Kerrisdale Capital’s Negative Report Against The Drug Creation of Proteostasis Therapeutics, Inc

We have so many companies today that promise fantastic and profitable results that turn out to be duds. One of the few trusted authorities today that evaluate the worth of companies’ products is Kerrisdale Capital’s Sahm Adrangi. His recent analysis today involves the short position and negative report that Kerrisdale Capital has over Proteostasis Therapeutics, Inc.

On March 20, 2018, it was announced in PR News Wire that Kerrisdale Capital placed a short position on Proteostasis Therapeutics, Inc (PTI) because of its reputation of seemingly hiding important negative information under the rug, in an effort to hide its incompetencies.

PTI right now is still in its developmental stage, but the high rise of over 187% in its market value is putting Kerrisdale in a position to judge it as questionable. PTI is currently a biopharmaceutical company that is developing the PTI-428 drug, but its rise to the high percentage right after FDA granted its drug the Breakthrough Therapy and Orphan Drug recognition seems to be dodgy.

In Kerrisdale’s analysis, this rise in market value could just be a plain result of an unjustified hype. There’s a lot of signs showing that PTI-428 is likely going to be ineffective, and such assessment could put its value down. There’s also a pattern of low-quality data and troubling issue of burying information in the PTI, and this is something that Kerrisdale finds difficult to overlook.

Sahm Adrangi’s Reputation

We should also know a bit more about Sahm Adrangi reputation himself to assess how credible his take is on the assessment. First of all, Sahm Adrangi is the Chief Investment Officer of Kerrisdale Investment. His current skill set was refined first when he was studying BA in Economics at Yale University. He also worked for Deutsche Bank as a non-investment grade bank debt officer, and it was there that he was able to learn how to accomplish successful debt refinancings to companies.

Sahm Adrangi’s known investment style is mostly value-oriented, and he is a generalist in his area of expertise. With Mr. Adrangi’s help, Kerrisdale Capital continues to be a fundamentally-oriented investment manager that handles about $300 million of combined assets across a variety of investment communities.

https://www.zerohedge.com/news/2017-05-09/kerrisdale-capital-reveals-latest-short-selling-target-will-it-be-next-straight-path

Aloha Construction Receives Prestigious Award For Good Ethics in Their Community

The Torch Award is a prestigious award that is not just handed out to any business. In order for a business to even be considered a candidate, it must show good ethics with their customers and employees, demonstrate leadership, and show social responsibility. Aloha Construction, a family owned local roofing and siding contractor based in Lake Zurich, IL, was honored to receive this award by the Better Business Bureau (BBB) in 2017.

Aloha Construction is known not only for their construction work in the community but also for their charitable work. David Farbaky, founder of Aloha Construction and the David Farbaky Foundation, teamed up with Omni Youth Services to help a single mom and her 4 children go on a toy shopping spree. Another generous offer was to send a 12 year old boy, who had undergone five open heart surgeries in his life, and a group of his friends to a Chicago Bulls basketball game. They enjoyed the game from Aloha’s box suite.

There are certain criteria that a company must meet to qualify for this award; 6 to be exact. Aloha Construction met all criteria. The company must be leaders and committed to ethical practices, not only in their work, but in their personal life. Their communication must reflect their beliefs. The company’s leadership practices have principles that bring the organization closer to their purpose. Management practices establish a practice that is committed to the future. Their Human Resources department values their employees and provide opportunities for advancement and development. The organization is active in their community and other organizations in their industry.

Other charitable activities that Aloha Construction is actively involved with is donating $5 during an Illinois State University basketball game when there is an assist. This is donated to Camp One Step to help kids with cancer. They sponsor the Central Illinois Flying Aces Hockey team and have jersey giveaways for the kids at the game. They have also partnered with the Boys and Girls Clubs.

Aloha Construction is continuing to seek more ways to positively impact their community.

https://patch.com/illinois/lakezurich/consideration-community-care-cant-compare-when-it-comes-aloha-construction

Flavio Maluf’s Business Deal and Productivity Tips

Eucatex and Duratex gave an affirmation that they will both be doing business deals together, where Eucatex will trade a farm located in Capao Bonito for the manufacturing line of thin wood sheets in Botucatu. Duratex plans to remain with the farm for the raw material production that is next to the Itapetinga unit of Duratex. Read more on Business and Economics about Flavio Maluf

The business capital is around R$60 million with the Botucatu plant having 280 employees. The plant has a production capability of 200,000m3 per annum. Also, Duratex is recommencing the operation of its factory in Itapetinga, and the reopening will take place on April of the current year.

The president of Eucatex, Flavio Maluf, tendered a note the previous night where he notified the company’s leaders and workers in Botucatu concerning the agreement. Maluf added that the business deal must primarily be approved by CADE.

Flavio Maluf explained that the procurement will enhance the fiberboard production capability by 70%, the paint production capability by 30%, and the paper printing output by 40%.

Maluf’s letter of communication to his employees informed them that their company has procured the wood fiber sheets unit that is situated in Botucatu City (SP). He went on the say that the acquisition will enable the company to reduce process losses, sustain maintenance and enhance sales better.

Maluf also emphasized in his letter that the said business deal will fortify their company’s presence in regions and areas where they are not yet operating in.

In another article, Flavio Maluf gave some tips on how not to lose productivity in the workplace. He initially stated that being productive at work will bring success. Being productive often results in acquiring good deals as well as earning a good reputation for the good work done. However, he also notes that during the year’s end the productivity of workers decline due to the continuous work for the past months as well the anticipation of the festivities ahead.

So, in order to attain a good level of productivity, at whatever time of the year, he suggests the following:

  1. Do not engage in unnecessary conversations.
  2. Do not use cellphones exceedingly.
  3. Do not lose focus.
  4. Be open to modern technologies.

Read more: https://pt.wikipedia.org/wiki/Fl%C3%A1vio_Maluf

 

Talos Energy Still Going Strong

Talos Energy LLC is going to buy Lousiana based Stone Energy Corp. “The merged technical resources, talent and balance sheet of the new company will allow an acceleration of Talos already strong project inventory development and give them the power to seek compelling exploration and transactional opportunities.At closing, stakeholders will have a 63 percent ownership of Talos, and Stone Energy shareholders get the remaining 37 percent, according to the report. The expected credit facility will be $1 billion with a $600 million initial financing capacity and no long-term note maturities until the year 2022.

Duncan will be named the new CEO of Talos Energy Inc. Talos’ legal committee included Paul, Weiss, Rifkind, Wharton and Garrison LLP and Vinson – Elkins LLP while Feld LLP and Akin Gump Strauss Hauer acted as legal counsel to Stone.Stone registered for bankruptcy status last year in Houston claiming $1.23 billion in assets versus $1.75 billion of debt. This alliance signifies Stone’s progress in reforming its finances stated chairman Neal Goldman in the press release.In addition, during Talos’ 2013 acquisition of Energy Resource Technology GOM Inc, they announced in they found approximately 2 billion barrels in Mexico at an exploration well.

Talos Energy, an independent gas and oil firm that has an executive team boasting decades of expertise conducting production and overseas exploration. Talos is skilled at gaining active developed and shelf assets in deepwater regions in the Gulf of Mexico, then examining, utilizing and optimizing the assets employing innovative systems and drilling tools. A group which has been operating together for well over ten years, Talos Energy LLC has garnered a proven and constant background of success. In 2012 Before starting Talos, the team developed and sold both Gulf-based gas and oil companies Gryphon Exploration Co. and Phoenix Exploration Co. Both of which provided substantial returns to investors.Due to this firm foundation, Talos continues to develop a quicky growing, world-renown firm with a commitment to environmentally friendly, safe and compliant operations. Talos also strives to maintain a competitive advantage by continually seeking to discover new and more efficient methods of operation.

Siteline Cabinetry Not Only Functions, It Optimizes

For many people, cabinets are just features that accompany a base model. They are cosmetics meant for storage, designed to open and close. At Siteline Cabinetry cabinets are an extension of people’s individuality, and can be as unique and special as the consumers who buy them. Siteline offers a wide variety of choices in style, finishes, materials, high-tech, and functional options. Cabinets are made to order from hundreds of different combinations. When using Siteline one get quality work, affordable price, and product that does not just fit in the space, but changes the space.

Consumers who choose Siteline have many options before them. The base structure is made to an engineered standard, but the doors, drawers, and finishes can be as customized as possible. Cabinets can be made of various materials, different kinds of wood, they can vary from traditional to modern in style, and can be finished with numerous colors, wraps, laminates, glazes, and veneers. Cabinets are functional in numerous rooms like kitchens, bathrooms, utility rooms, workrooms, or storage. The cabinets do not just offer a good look and high quality, they also offer features that optimize the space.

In an ever evolving present where innovation is everywhere, numerous thought-provoking designs have hit the cabinet market. Developed by professional designers these styles offer a more practical appeal. The cabinetry goes beyond functionality, to something that enhances the function of the room itself. Dividers installed in drawers that fit certain criteria, racks installed in cabinets that optimize selection. Siteline offers such innovation allowing consumers to design whatever accessories they want. The finished product allows the space, be it a kitchen or bathroom, to optimize for better living. Racks that separate spiced built into the cabinet. Drawers designed to specifically hold pots and pans, or electronic equipment.

Siteline offers cabinetry that suits lifestyle not just appearance, taking the world of cabinetry far away from features. Now cabinets are the base model, and everything else no more than an accompanying feature. Check Siteline out, and change your view of cabinetry.

CEO of DAMAC Hussain Sajwani Brings Luxury to Dubai Canal

Recently DAMAC properties announced a new venture on its latest premium development, Business Bay, Reva Residences. This amazing property consists of single and double bedroom apartments in the midst of the Dubai Canal.

Owner of DAMAC, Hussain Sajwani is setting the standard of luxury living in one of the most prestigious cities on the planet today. His development features world-class amenities, a lifestyle second to none, and majestic canal views. Anyone residing in one of these opulent apartments will experience unceasing resort style living situated in the middle of Dubai. Single bedroom apartments start at $699,000. Given the enriched lifestyle that this area affords, pricing is adequately marked.

The Business Bay area has become a thriving location for vast business development, entertainment prospects, fine dining, and retail amenities. CEO of DAMAC, Hussain Sajwani pays special attention to design and detail, producing some of the worlds most envied real estate designs. Hence winning Properties CEO of the Year – CEO Middle East Awards 2017. Mr. Sajwani and DMAC Properties spared no expenses with erecting Business Bay, Reva Residences of Dubai.

Future residents can remain actively involved in and around this premier location. There are a wealth of manicured parks, waterside paths for jogging or cycling, a state-of-the-art gym, steam and sauna rooms, a children’s area, and massive outdoor courtyards. Accommodations boast a posh reception area with 24-hour concierge services. Living spaces are immaculate, with sizable tailored kitchens, generous size bathrooms, and stately interiors. Situated on the south ridge of Business Bay, Reva Residences offer stunning views of the Dubai Canal. This is definitely one of the better sought out living areas in Dubai.

DAMAC creatively positions payment arrangements for Reva Residences where plans can range from 1% monthly to 45% balance on completion. Owner of DAMAC, Hussain Sajwani provides an opportunity for anyone seeking a luxury lifestyle, the ability to afford it and enjoy the lavish luxuries that accompany it, all for a very competitive price.

Jed McCaleb Stellar: The Birth Of A Digital Currency Revolution

Stellar Development Foundation CTO and Co-founder and technology visionary, Jed McCaleb envisions an age where digital currencies hit the mainstream market. He’s the mastermind behind the financial industry’s first ever Bitcoin exchange called “Mt. Gox.” Is Stellar the remedy for society’s widespread economic depression fueled by a lack of resources and an inequitable financial infrastructure? The open-source platform launched in 2014 has an ambitious agenda to enumerate the world’s “unbanked.” Its agenda proffers equal opportunities that benefit every consumer, including low-income earners. A community-governed financial network, “Stellar” thrives on building solid partnerships by motivating economic inclusion and participation. Its master developer Jed McCaleb also broke ground with eDonkey, another transformational framework that pioneered multi-source file sharing in 2000. He was joined by Match.com’s Sam Yagan on this project. As these two entrepreneurs continue to revolutionize modern economics, McCaleb remains committed and determined to improve transaction experiences globally.

 

Jed McCaleb was joined by former Cornell and Harvard University top alumna, Joyce Kim to design Stellar’s infrastructure. While he took charge of the company’s technical development side as CTO (Chief Technology Officer), Kim assumes the role of director. The cryptocurrency innovator explained how “Stellar” bridges connections between a global network of financial institutions and its community. In turn, creating opportunities to help the over 2.5 billion unbanked become real investors in their future. “Stellar” aims to offer cost-effective currency trading option independent of unreasonable banking requirements and exorbitant transfer fees. Jed McCaleb strongly advocates for developing nations with an urgent need to create affordable financial solutions for its unbanked population. The infrastructure extends a safe banking environment for its members with multiple network security implementations, including Stellar Consensus Protocol or SCP. And power is entrusted to the community instead of the government and financial institutions.

 

Prior to launching Stellar, crypto billionaire, Jed McCaleb founded the bitcoin holding technology startup called Ripple. With his extensive experience and knowledge of bitcoin technology and its infrastructure, he decided on a safer approach. Having learned from previous attempts and the long history of trust issues. McCaleb realized that consumers needed information and resources to learn the true value of digital currencies. In turn, even the odds of it becoming a standardized commodity. Besides his executive obligations to Stellar Development Foundation, he’s an advisor to MIRI(Machine Intelligence Research Institute). It’s a research collective that strives to improve user experience and ergonomics through technological innovation.

AvaTrade Review: How Genuine?

We recently decided to take a keen analysis of this Dublin, Ireland based Forex broker, AvaTrade. In this review, we want to answer some frequently asked questions such as is AvaTrade a trusted forex broker? Is it worth investing as a forex broker? Is AvaTrade a scam? What kind of services does AvaTrade provide?

It is always the wish of every investor to find a reliable forex broker to deal with. However, sometimes it becomes difficult to find the right forex broker considering their high number in the forex market. There are thousands of forex brokers online and each one of them is after people who can trade on their platforms. Let us take a keen look at

AvaTrade and what exactly it does.

AvaTrade was founded in 2006 when forex experts and financial professionals came together with experts in web commerce to create a solution for online forex traders. AvaTrade is an online platform where forex traders get a chance to trade from wherever they are across the world. The platform has a user guide for investors who are not familiar with forex trading and yet would like to engage in the trade.

What AvaTrade is not

The purpose of this review is to provide you as an investor or prospective investor with the true picture of AvaTrade as a forex broker. For that reason, we shall provide with both sides of the coin so that you can make an informed decision.

 AvaTrade is just a trading platform and therefore as an investor you will have to carry out transactions by yourself.

 The AvaTrade platform will not indicate how much money to invest or trade with. Instead, the system will provide you with statistics of how previous amounts have performed so that you can make an informed decision.

What AvaTrade provides

AvaTrade offers its users with simple trading tools as well as a user guide for those who are new to forex trading. Besides it also has a crash course for people who would want to learn more about forex trading.

AvaTrade was founded in Dublin, Ireland and was founded in 2006. The company has users in over 100 countries and transacts more than $60 billion every month in investor trading.

Useful Investing Advice From The Oxford Club

The Oxford Club is an independent financial research network and publishing firm based in Baltimore, Maryland. Their mission is to educate as many investors as possible to build, grow, protect and sustain their business and personal wealth.

As part of that mission, the Club recently published an article on its four main investment strategies. It has made this material freely available to everyone interested so everyone may benefit from the advice. The Oxford Club wants all investors to succeed, whether or not they enroll for its paid services.

The Club’s first investing principle is to diversify your investment portfolio. Many investors have heard of diversification as a risk minimization strategy, and so they buy a handful of different stocks. But that doesn’t go far enough. As Harry Markowitz proved back in the 1950s, investors need to spread their money out among all assets classes, and not hold just stocks. Markowitz won the Nobel Prize in Economics for his work.

Therefore, the Oxford Club recommends people hold stocks, but also bonds, options, commodities and alternative investments as well. And diversification also means to diversify what you own within each asset class as well. And you should diversify risk levels as well. For instance, you can buy Treasury bonds, corporate bonds and municipal bonds. Corporate bonds vary in the amount of risk they have from bonds rated AAA to high-yield junk bonds. Municipal bonds are considered generally safe, but that really depends on the financial status of the particular local government involved. If a city’s economy is booming, its bonds are clearly safer than a city located within an area with a poor economy and high unemployment.

The Oxford Club has over 157,000 members of entrepreneurs and investors in 130 countries. It publishes newsletters, sends out trading alerts and hosts investing symposiums.

OSI Group & The Foodservice Revolution

Food services are some of the most important services on earth. Without these invaluable services, the world would literally shutdown. Foodservice providers are in abundance around the world, but the United States is home to one of the very best. OSI Group is its name and providing the very best in custom-food solutions is its game. This company has been around for more than a century, and it has helped to revolutionize the industry with its attributes. OSI Group just so happens to be one of the biggest private companies in the U.S. The company is an industry unto itself thanks to its 20,000 employees and 65 state-of-the-art facilities.

These facilities are very technologically advanced, especially when being compared to the facilities of other similar companies. OSI Group has facilities in Poland, in Germany, in the Netherlands, in Japan, in China, in Brazil, in Australia and in many more countries. When you think of custom-value food products, nobody does it better than this company. Foods, foods and more foods. OSI Group can produce a wide variety of tasty foods such as meatballs, hotdogs, beef patties, Tofu, beans, panini, flatbread, chili, soups, cooked sausage links, pasta, cheese, pulled pork, turkey products, cookies and many more. The sky is truly the limit.

One of the major reasons for the company’s success is by participating in acquisitions. In 2016, OSI Group acquired two of the world’s top foodservice providers. This includes BAHO Foods and Flagship Europe. Thanks to these two vital acquisitions, the company can now expand into uncharted territories. Over 18 additional countries will be able to receive high-quality foods that they would otherwise have not gotten.In 2017, the British Safety Council presented OSI’s Kelly Grimwood with the Globe of Honour Award for excellence in environmental management. On top of that, the company has won this exact award back in 2013 and in 2015. This goes to show the excellence that this company displays on a consistent basis. What more can you ever ask for? All in all, OSI Group is leading by example because it’s delivering on all promises as well as setting newer trends.