Category Archives: Financial Advice

Sahm Adrangi Shorts Proteostasis Therapeutics

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Sahm Adrangi is a sell side trader that corporate executive do not want to encounter under most, if not all, circumstances. Adrangi runs a hedge fund called Kerrisdale Capital, which manages $180 million of investor funds. Andragi has made his reputation as an activist short seller, detecting corporate irregularities, shorting the shares and then calling attention to a company’s issues by releasing a report, or sending a tweet. Adrangi earned fame, and fortune to boot, by being at the forefront of a wave of short selling that called attention to fraudulent practices of Chinese companies with United States listed securities.

Recently, Sahm Adrangi issued a negative report on shares of Proteostasis Therapeutics, explaining his decision to sell short shares in the company. Proteostasis is a biotechnical company whose product is in the clinical stage. Its main drug is PTI-428, which is intended to treat cystic fibrosis that results from genetic disorders.

Sahm Adrangi’s short thesis for this company is that the Phase Two test results of this drug are not nearly as optimistic as they seem on the surface, as the success only results from favorable comparison to placebo patients, as opposed to any improvement in the patients’ conditions. He believes that the drug is actually ineffective, and that investors misinterpreted the results of the testing. Andragi was particularly disturbed by Proteostasis Therapeutics’ decision to issue nine million additional shares shortly after the release of the Phase Two trial results.

Further, Sahm Adrangi concludes that Proteostasis Therapeutics has a track record of selectively releasing study data, emphasizing the findings that present it in a positive light, while burying data that would reflect poorly upon it. Adrangi maintains that there are other results from tests that the company has performed that are not in the public domain and, if known, would cause investors to cast doubt on PTI-428’s efficacy. Beyond the ineffectiveness of PTI-428, Sahm Adrangi argues that Proteostasis Therapeutics has little in its pipeline of future drugs that would prevent the stock price from realizing a drop of at least 70%.

https://www.crunchbase.com/person/sahm-adrangi

Private Equity Firm Southridge Capital LLC Provides Innovative, Dedicated Financial Services

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Southridge Capital LLC is a private equity firm has had a tremendously positive impact on its clients ever since 1996. The executive team along with founder and CEO Stephen M. Hicks pride themselves on quality financial services for their customers and their dedication to business success. As an LLC that has invested $1.8 billion in growing companies as well as offering reliable, superior services for financial analysis, balance sheet optimization, mergers and acquisitions, restructuring analysis, bankruptcy advice and legal settlements, Southridge provides clients and corporations alike with the security that they are in the most knowledgeable and reliable hands of Connecticut.

 

Southridge Capital LLC also understands the value of giving back to their community. Through volunteer work and charitable efforts, they have made an effective impact that has rippling effects nationwide. The foundation that Stephen and Mary Hicks started together (called the Daystar foundation) has had a supportive impact on those in need by donating time and money to improving their lives. By partnering with organizations such as the Save a Child’s Heart Foundation, the Ridgefield Fountain Landmark, and the Bridgeport Rescue Mission among many others, Southridge Capital LLC and the Daystar Foundation have both raised awareness for those in need and emphasized the dedicated nature of their business. For more details visit Crunchbase.

 

In a recent investment, Southridge Capital LLC invested 5 million dollars into Elite Data Services Inc, a online marketing and gaming company. The two companies work well together because both companies have innovative, game-changing mindsets when it comes to customer satisfaction within their industries. Southridge is committed to helping all clients reach their goals, while providing the best banking and securities brokerage services available in Connecticut. They know how to evaluate the liquidity and assets of their clients to provide useful, actionable steps to take them to the next financial level.

 

Whether its clients need a solid financial plan, confident advice to handle a difficult business obstacle, or are looking to run a business that follows the same level of community dedication as the Daystar Foundation, Southridge Capital LLC is the trustworthy, devoted financial partner that they need. You can check out their Facebook page.

 

 

Click here: https://twitter.com/southridgecap

ENTREPRENEURIAL SUCCESS WITH PETER BRIGER

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Peter Briger was in 2008 ranked as the 962nd richest billionaire in Forbes Billionaires with a net worth of. He joined Fortress Firm in the year 2002, in March. He is currently the Real Estate and Head of Credit Business of Fortress Group of Investment and the Co-Chairman and principal of Fortress’ Directors Board. Before his election as Co-Chairman in 2009, Peter was just a member of the board since 2006 and a member of Fortress’ Management Committee since 2002.Peter Briger worked at the company Goldman, Sachs Co. for 15 years before joining Fortress. At Goldman, he worked as the Co-Head in trading business and whole loan sales, Principal Invest. Fixed Income group, Asian Distressed Business Debt, Asian Private Equity Real Estate Business.

Is also served at Linktone Ltd as an Advisory Board member. He is a member of the Foreign Relations Council, Caliber Schools board and Tipping Point director. He is also a board member of Special Surgery Hospital, Children Global Fund, Conservancy of Central Park and Princeton Univ. Investment Company. He studied his BA at Princeton University and is an MBA holder in Business Administration from Wharton Business School at the University of Pennsylvania. Jobs at the firm are posted at his website, http://petebriger.com/ for interested personnel to apply. Reviews by some of the workers concerning the firm show that the environment is fast paced to work at. The staff are also friendly, smart and thoughtful. Dedication and hard work are also highly recognized and appreciated at Fortress.

The pay is good and goes at hand with one’s responsibilities.Peter Briger offers support to Princeton Entrepreneurship Program that he started with two associates who are all Princeton alumni. He started the program to offer funds to recent entrepreneurs and startup companies for other Princeton alumni.AEF is the outcome of recommendations by the PEAC for the vision ‘The Princeton Way Entrepreneurship’. PEAC definition of entrepreneurship was taking risky actions and creating valuable organizations. It also emphasized on focusing the mind to innovation, creativity and pathways discovery of ideas at all means possible. The program would help the alumni with funds to put their ideas into reality. The funds are limited to $100,000 per person matching their seed production.Peter Briger has been very successful in his entrepreneur journey. He is highly interested in helping people achieve their entrepreneurial dreams and goals.

Eric Lefkofsky and Tempus Labs

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As co-founder of Chicago’s Tempus Labs, Eric Lefkofsky has been at the helm of one of the most innovative healthcare start ups in the country for the past three years. To date, Tempus Labs has raised over $100 million in funding since its founding. Though it’s still a new venture, this company is currently valued at about $700 million.

Tempus Labs harnesses the power of big data and applies it to cancer treatments. So far, the technologies used by Tempus have made an impact when it comes to gene editing and gene therapies. Tempus believes that it may be more effective to treat cancers based on their profiles than on the way they spread. The hope is that by profiling each cancer, treatment can be tailored to a specific patient. With such targeting, the Tempus team believes doctors may see greater success rates.

Tempus doesn’t do the treatment, of course. It just does the analysis. But that is the revolutionary part of the process. Sequencing DNA and RNA was, in the past, an arduous task that could take years. With the arrival of Big Data, it has become much more efficient. Instead of following the cancer as it grows and spreads, the idea is to nip it in the bud as much as possible.

Recently, the Tempus team has been working on a number of projects. These include partnering with Stanford University scientists to learn more about skin cancers. An analysis of a rare vision disorder caused by genetic mutations has also been conducted, and may well play a role in FDA approval of a new treatment.

The Tempus team is comprised of both computer specialists and biological scientists. Immunologists, geneticists and others are able to assist with interpreting the data aggregated by engineers and data scientists. Together, these professionals are hoping to make real changes to the way oncologists work.

Financial Planners: Keep A Closer Eye on Social Security or Else

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Retirees are missing out on a big chunk of their retirement planning process – maximizing Social Security. In this Wall Street Journal interview, David Giertz describes the results of a survey by the Nationwide Retirement Institute of retired consumers and those ten years away from retiring on yolasite.com.

For the majority of retirees, Social Security is 40% of their retirement income on Twitter. Any change can have a substantial impact to the benefit or detriment of the consumer. For example, retiring too early can cost a retiree $1000 per month in lost Social Security benefits. That comes to $12,000 in one year or $300,000 over 25 years.

Read more: Insurance Agent at Nationwide Financial Institution in Fort Lauderdale, FL

However, few financial planners are advising their clients how best to get the most out of Social Security before and after retirement. Mr. Giertz states that this is due to the complexity of Social Security regulations which has some 2,700 rules on About.me. Planners need to make certain that their client’s retirement portfolio includes adequate Social Security planning. Survey respondents indicated that 3 out 4 of them will seek another financial planner should they believe Social Security planning is poor.

Dave Giertz assumed the position of Senior Vice President of Sales and Distribution at Nationwide Financial in 2013. Prior to that, he was Vice President of Sales. Mr. Giertz has been with Nationwide Financial since 1999.

Mr. David Giertz is a financial advisor with over 31 years of experience. Previously, Mr. Giertz held positions at Citicorp, Financial Horizons Securities, Mony Securities and ISFA. He is based in Dublin, Ohio.

Learn more about David Giertz: https://angel.co/david-giertz

Renovating Nationwide Title Clearing to Abolish Title Defects

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Nationwide Title Clearing, Inc. has reacted to the need for change in title defects through making property reports easier. The move allows sellers and buyers to access all services through online ordering. Title defects have become a serious issue within the real estate market in current years. It has caused different views from people. Some people think that leads to illegal foreclosure while others believe that it delays the movement of assets within the market.

 

Nationwide Title Clearing, Inc. is a firm specializing in research and document service provider in residential mortgage and finance fields. The company’s manager believes that property records are responsible for ensuring deliverance of a clear title and a decrease in buybacks.

 

Title Defects

 

Title defects often result when an individual or entity contests upon a property with the “supposed” original owner. A title can also be invalid due to wording problems in the document or absence of a signature on the document that is necessary for transaction processes. Additionally, the presence of prior liens and encumbrances in the document can invalidate a title. A title is void when real estate documents are incorrectly filed.

 

The Chairman of NTC, John Hillman advises sellers and buyers to address title defects before selling or transferring properties. The firm further supports the modernizing mortgage industry through making property reports available for online ordering. The available services include tax status report, current owner report and assignment verification report.

 

NTC obtains information from several sources including the counties. The firm has developed an automated system with human verification to ensure accuracy. This practice has earned the company the ability to serve eight of the top 10 largest lenders in the United States.

 

Nationwide Title Clearing, Inc. Overview

 

NTC is located in Palm Harbor, Florida. It is a private company specializing in research and document service provision in the domestic mortgage industry. NTC is popular for protecting homeowners and safeguarding the country’s land record. It provides expertise in property reports, lien release services, and document tracking.

 

NTC declared its intention to open a new office inclusive of an innovative data center in Dallas, Texas. NTC’s head of information security officer Scotty McEntire will be present in the new agency. The office will include a complete disaster recovery site for all data, infrastructure, and staffing. NTC has won several awards for its charitable services, public involvement, and for its friendly work environment. The opening of the new office will give the firm an opportunity to duplicate the model in Midwest.

 

How the USHEALTH Group Fulfills the Needs of its Clients

Published / by Flash / 1 Comment on How the USHEALTH Group Fulfills the Needs of its Clients

The USHEALTH Group is one of the highly recognized providers of health insurance solutions to the United States people. The company offers its solutions through its subsidiaries, and they are the National Foundation Life Insurance Company, the Freedom Life Insurance Company, and the Enterprise Life Insurance Company. The primary aim of the affiliates is to provide exceptional solutions to the clients, and it has always customized them according to their budget and needs. The insurance firm’s premises are based in Fort Worth, Texas. The USHEALTH Group has always devoted itself to offering the most reliable healthcare insurance solutions in the United States. It offers a broad range of comprehensive products and services that suit the varying needs of the clients. The solutions that it offers include insurance for specific diseases, accidents for the self-employed, life, and family. The has been trusted by more than 15 million clients who have bought its products in the past five decades that it has been operational. Its products are tailored to ensure that they address the specific needs of the clients.

The units of the USHEALTH Group have two principals that they use in offering services. The know that the needs of each client are unique and also believe in using comprehensive solutions in addressing insurance needs. The firm has therefore developed a wide variety of solutions that customers can select. It has also ensured that everyone can afford them by tailoring them to suit the budget of an individual. USHEALTH Group has one of the most reliable customer services in the industry. The representatives and employees of the firm assist people to select the best insurance package by offering guidance that wholly considers their needs. The company has created an excellent claim compensation program that enables clients to be served in time. It has also managed to equalize its payments and claims, and this has facilitated its smooth operations. The firm was awarded grade A during a Better Business Bureau analysis due to its unparalleled customer services.

The USHEALTH Group and its units have been distributing their solutions by using a competent and licensed agency, which is called USHEALTH Advisors. It has dedicated itself to giving Americans the best buying experience despite the challenges that are faced in the provision of health insurance solutions. Its analyses all its representatives to ensure that they are competent and licensed before they are allowed to distribute products.

Why Use the Laidlaw and Company Investing Firm

Published / by Flash / 1 Comment on Why Use the Laidlaw and Company Investing Firm

With the help of the Laidlaw & Company, I have been making wise and lasting investment decisions for awhile now. Way back when, I was not very good at investing my money yet I knew that it was something I just had to do. This was when I discovered the Laidlaw firm and all that it was able to do for me. Not only do they help you to get established with all of your investing needs, but they also help tremendously when it comes to managing these specific types of investments.

The best thing anyone can do when it comes to getting their investing started is to make use of the Laidlaw company and see what these experts can do for you. The owners and operators of the company, Matthew Eitner and James Ahern, are there to assist in all things relating to investing. Because of this, it takes the work out of the process for you and ensures that you have superior investing than anything else you might have used in the past. Personally, this has been a company I have loved using for my own needs as well.

There are a lot of ways to grow your money, but investing is often one of the quickest and is definitely an option for a lot of people. If this is an issue for you, make sure that you think about the different things the Laidlaw company can do for you and then think about using their services to ensure you are satisfied with the finished result.

Original Source Found Here:

https://www.thestreet.com/story/13394818/1/us-federal-court-issues-temporary-restraining-order-against-laidlaw-company-and-its-principals-matthew-eitner-and-james-ahern.html

Laidlaw & Company Reputation Meltdown: How Not To Behave As An Investment Banker

Published / by Flash / 1 Comment on Laidlaw & Company Reputation Meltdown: How Not To Behave As An Investment Banker

Laidlaw & Company Ltd earlier in January 2016 were facing a lawsuit filed by Relmada Therapeutics for alleged breach of fiduciary duty. Laidlaw had allegedly contravened the non-disclosure agreement by disclosing Relmada’s financial information it had acquired in the exercise of its role as the complainant’s investment banker. Allegedly, Laidlaw’s principals Matthew Eitner and James Ahern had disseminated misleading proxy materials about Relmada which led to the latter’s substantial loss in both finances and reputation. Pursuant to the release of the proxy material, Relmada’s market value saw great depreciation from $4.03 a share to $1.65 a share. This loss coming at a time where the company had just made a great breakthrough in research for a chronic pain reliever with a multi-billion dollar potential heavily disrupted the investor confidence.

 For instance, there is no record of Ahern ever graduating from Assumption College as he claimed on his education history. In his three years of service, he has had four client complaints and federal tax liens served against him. Laidlaw itself has had approximately 60 client complaints, ranging from distribution of misleading communications to members of the public to failure to establish adequate policies in compliance with anti-money laundering laws; all this in just a period of two years from 2007-2009.

Public confidence is close to none when it comes to Laidlaw. In one of the online public forums, a poster declared that he would not even consider investing ‘a ball of lint’ with the company. Others have also mentioned that the company has been incessantly calling them trying to sell them junk or to get them to give them their spouses’ phone numbers.  For a company whose reputation score is almost down to the negative, I wouldn’t lose sleep over not wanting to engage with it on any level.

Original Source:

https://www.thestreet.com/story/13394818/1/us-federal-court-issues-temporary-restraining-order-against-laidlaw-company-and-its-principals-matthew-eitner-and-james-ahern.html

Soros Pushing for EU to Prime the Ukrainian Economic Pump

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The idea of welcoming the Ukraine into the European Union (EU) is a way to forge a greater connection with forces that are opposed to the domination of countries from countries such as Russia. In that particular case, Russian President Vladimir Putin has gone out of his way to violate the human rights of citizens who are seeking to chart their own course.

Those oppressive roadblocks were just the most recent instance of the trouble that Ukrainians have dealt with over the past decade. Within the country, corruption by public officials has remained rampant, which ends up taking a toll on not only the wallets of residents by their collective psyche.

Yet the need to officially break away from Russia remains of paramount importance. By becoming part of the European Union, the proper funding becomes available to the Ukraine that will allow it to not only grow but develop into a potent economic force.

By providing it to businesses that are willing to invest in a business strategy within the Ukraine, the engine of progress can be turned on. The incentive for those businesses is that any continuance of the chaos within the Ukraine will protect that investment by compensating them for losses, money that would be available from the EU.

Read more:
George Soros – The New York Times

George Soros – Forbes

Soros gives the example of the World Bank as a way to show the true viability of the plan. It also acts as a measure to counteract Putin’s plan to infuse the annexed Crimea with the sort of economic funding that will make it a more enticing option for Ukrainians who long for a more stable economic future.

However, elections that took place in 2014 for the European Parliament seemed to serve as almost a precursor to a potential breakup of the EU. At virtually the same time, the message of the Ukrainian presidential election was one that seemed to beg for the organization to remain intact.

Whether it’s helping make things easier for such investment or providing the sort of expertise in the management sector, the melding of the Ukraine within the EU can be the sort of economic jolt heard around the world. Economic power puts no lives at risk and also has the potential to weaken not only Russia, but the influence of Putin as well.

The passion that George Soros has for aiding the Ukraine stems in part from his establishment in 1990 of the Renaissance Foundation. That was set up to aid those whose freedom was negatively impacted, but the potential for economic development is something that those in EU countries can play a key role in for the future.

Learn more about George Soros:
https://www.project-syndicate.org/columnist/george-soros

https://www.project-syndicate.org/commentary/george-soros-shows-why-eu-support-for-ukraine-would-end-up-benefiting-europe?barrier=true