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Shervin Pishevar And His 21-Hour Tweet Storm

Shervin Pishevar has long been a man of many elaborate words. Although he had to resign from Uber because of some highly public personal issues, he still has retained a heavy presence on Twitter. Last February, he literally went on a tweet storm binge: 50 messages, spread out over 21 hours, discussing everything from his predictions for the American economy, bonds, Bitcoin, immigration, and even SpaceX among many others. Here is just a sampling of some of the things he said:

Shervin Pishevar doesn’t hold out much hope for the US economy.

In particular, Shervin Pishevar believed that the markets would suffer a 6000 point drop in the coming months. Along the same lines, Pishevar also believes that bonds would drop considerably, because according to him, “the genie is out of the bottle.”

Pishevar almost noted his beliefs that the Bitcoin crash wasn’t necessarily over yet.

Pishevar’s tweet storm also touched on the rise and fall of Bitcoin. He said he felt they’re crash wasn’t over with yet; he predicted that gold would rise and Bitcoin when go two around 2000 and price and then go up.

He also noted that Silicon Valley in California is losing more and more influence all the time.

Shervin Pishevar noted how he no longer believes that this innovation present in the state of California is beholden to a physical place. He feels that innovation can take many different forms. Of course, as an early investor in Uber, he would be well aware of some of the out-of-the-box thinking that is needed to be a successful startup in today’s economy. Along the same lines, Shervin Pishevar also noted the immense success of Elon Musk, currently of SpaceX fame. He feels that the United States will have to continue to adapt to be able to compete in the 21st century. Although he sees some progress in that regard, he feels more needs to be done.

Conclusion

Naturally, some were questioning this tweet storm by Pishevar. However, it is his insight and out of the box thinking that has always spawned the best companies. Judging from his personal experience, it will always remain that way.

https://www.ogilvy.com/tag/shervin-pishevar/

Sahm Adrangi Negative Report on Queenstreet

Kerrisdale capital is an investment manager that is based in New York. It was founded by Sahm Adrangi in 2009. The firm manages $300 million of investments. It’s founder Mr. Sahm Adrangi holds a bachelor of Ats in economics that he studied at the university of Yale. Before he started kerrisdale capital, he had worked with Longacare as an investment analyst. He had also worked at the bankruptcy restricting group at chanin capital partners where he always advised creditors.

Kerrisdale is basically an investment manager firm that is focused In long term investments. In April 2018, kerrisdale founder Adrangi published a negative report against the queenstreet. Queenstreet is an internet marketing company, recently the company has quadrupled its stock and its investors were now happy that the company is now taking on a better direction. In the report, Adrangi pointed out that the stock growth entirely came from a single customer.

The revenue of this customer however is flattening and that shows that Queenstreet Company will once again have a very slow growth. In addition to that, kerrisdale capital also pointed out that the queenstreet affiliated sites largely profit from suspicious web trafficking. The kerrisdale also went ahead and did their research and concluded that the company’s site gets its traffic from a largely defunct site known as insurance branch

This site had recruited users to click on the advertiser-sponsored links in order to earn an online currency known as swagbacks. Sahm Adrangi also states that the queenstreet company relies on unreliable and outdated technology. Kerrisdale capital did not stop at that, they also stated that queenstreet had violated the Telephone Consumer Protection Act (TCPA). There were multiple website visitors of queenstreet website visitors that sued the company of contacting them via auto-dialer of which customers never agreed to.

Sahm Adrangi also helps interviews with some of the queenstreet workers and according to them the company was dealing with a lot of shady connections. The connections according to one worker suggested that they were somehow unethical to their clients. The weak technology for instance, are old despite the fact that the company has been in online business for quite some time.

In the report, Sahm Adrangi concludes that though the company still relies on shady third party affiliate sites they will face fresh scrutiny in the future.

http://fortune.com/2016/04/21/sahm-adrangi-kerrisdale-short-sale/

How OSI Group Used Technology to Evolve into a Leading Food Services Provider

The leadership of an organization influences its performance. As such, the objective of a good leader is making sure that the organization has registered excellent performance by attaining its goals in the end. With good leadership, an organization is set to succeed. However, this also depends on many factors including the strategies implemented by the leader. For instance, the path that a team leader chooses in terms of strategies or technology will determine the eventual success of an organization. If there is one company that has successfully showcased its ability to grow through exemplary leadership then OSI Group tops the list.

Background Look

The foundation of OSI Group was laid during the immigrant’s era in America. First launched in the 20th century by one Otto Kolschowsky an immigrant from Germany, the company relied on excellent leadership to supply food to the people of Chicago. While at it, Otto decided to work with his sons. Therefore, the company was known as Otto&Sons. Given the growing demand of meat-based foods in the company, OSI Industries managed to accomplish so much within a few years. For instance, the firm hired a financial manager who could initiate major business projects that supported the development of the portfolio. Moreover, with the help of this manager, the company became a wholesale retailer of meat –based products.

OSI Group works with McDonalds

In 1955, McDonald’s restaurant was launched. Ray Kroc was the man behind the foundation of the company. A few months into the firm’s operation, he decided to contact Otto and initiate a business deal that involved supplying meat to the restaurant. Otto and Sons became a household name in the business. Because Ray Kroc was instrumental in the growth of the company, he decided to purchase McDonald thereby becoming the CEO. Primarily, he would task Otto and Sons with the supply project of meat. That is how OSI gained prominence.

Technology in Business

McDonald was registering impressive performance thanks to Otto and Sons who were in charge of supplying food to the business. Apart from that, there was the aspect of trust that majorly thrived in the two businesses. Therefore, it was easy for them to maintain a business relationship. At the same time, they sought to invest in technology with the aim of food preservation. As such, they settled for flash freezing. For that reason, their business ties grew stronger.

Affordability

Because Otto and Sons dealt with food supply, food preservation was a major fallback plan that the businesses depended on. Consequently, the firm provided high quality food that garnered them a lot of clients. That explains how the company continued to gain prominence in a developing industry. In 1977, Mr. Kolschowsky decided to extend his business to West Jordan. That marked the onset of global expansion across different states. Until now, OSI has developed into an international food provider in major states including China and Europe. While the management may not be aware of where the company is headed, it is factual that the company has sufficient resources to expand its horizons further.

Read More: www.osieurope.com/en.html

Rick Shinto’s Leadership at InnovaCare Health

Dr. Rick Shinto’s Exemplary Medical and Entrepreneurship Skills

Dr. Rick Shinto is an American entrepreneur and a medical expert. He earned his B.S from the University of California. He then joined University of New York and received his medical degree. He was later awarded M.B.A by the University of Redlands.

He kicked off his medical career as a pulmonologist in South of California. Dr. Rick has badly a very busy career life. He was once the chief operating officer and the chief medical officer at Pathways Management Company. He has also served as the chief medical officer at NAMM in California. Afterwards, he was named the president and chief executive officer at Aveta Inc. At Aveta, he really excelled. He showed commitment to success through innovative ideas and the desire to serve the community. He was honored a d awarded The Ernst and Young Entrepreneur of The Year Award for his excellent performance. In the year 2012, he was named the president and chief executive officer of InnovaCare Inc.

InnovaCare is Texas based Health Company which provides managed health services. InnovaCare health solutions provides quality services which are cost effective

Since the appointment of Dr. Rick, the company has experienced tremendous growth and improvements. His vast experience in the health sector and leadership teams has helped him propel InnovaCare forward. His innovative ideas and advocacy for change in the Heath care services delivery models has seen InnovaCare gain popularity and now more residents of Puerto Rican can access better and affordable medical care than before.

In 2015, Dr. Rick was joined by yet another great medic, Penelope Kokkinides, who they happen to have worked together for long time. She is now the chief administrative officer at InnovaCare Health Solutions. She also has valuable experience in the field of medicine and health care. Her knowledge of Medicare advantage plans as well as managed healthcare services offers a lot of benefits to InnovaCare.

To conclude, InnovaCare’s success so far can be attributed to the efficient and experienced leadership of these two prolific medics. The duo are well known for their inspiration to give more to others. Their business perceptive and honest desire to improve situations for others is a clear indication of their input at InnovaCare. With such leadership, InnovaCare’s success a d future prosperity is a sure bet.

 

Wade Through the Financial Storm by Buying Gold Coins

Over the years, people have believed that saving their money in banks is one of the best ways to secure their future. Today, however, this is not a concept that could help grow your wealth because of the frequent downturns in the U.S. economy. Read more: US Money Reserve | Crunchbase and US Money Reserve Reports How to Protect Wealth From Increasing Global Risks in Exclusive eBook | PRNewswire

The dollar has failed to appreciate and the level of inflation is on the rise. Besides the high inflation, traditional financial institutions continue to raise their interest rates and maintaining the returns on bank deposits at negligible figures.

As a result, investors might have to look for other means to invest their money. One of the most viable options is owning gold coins. Gold is one of the most precious metals in the world, and it fetches a great value. For centuries, gold has been used for ornamental purposes, but people have realized that moving some of their money into physical gold is quite beneficial.

Smart investors in United States are now purchasing gold coins from U.S. Reserve. One of the best things about investing in gold coins is that they are tactile. You can touch and feel them whenever you want, unlike other options that people choose to invest in. What’s more, gold is an accepted currency all over the world, and it is easy to trade.

If you are looking to own some gold coins, you might want to consider purchasing them from U.S. Money Reserve. The firm has catered for the needs of hundreds of thousands of clients from 2001 to date. Indeed, it is one of the largest distributors of gold, silver, and platinum legal tender products.

One of the main aspects that have helped the firm to thrive for more than a decade is the healthy relationship that it creates with its clients. Many people find the firm reliable because all their transactions are transparent and based on trust.

That is not all; U.S. Reserve works with a team of highly qualified coin researchers and numismatics. These individuals’ role is to venture into the market to find the highest quality of precious metals that enable their clients to enjoy maximum profits.

This team of professionals also offer their clients expert advice to help in their purchase decisions so that they can get metals that match their portfolios. When you purchase your gold coins from U.S. Money Reserve, the delivery is made to your doorstep in 5 to 7 business days.

Category: Money

The Benefits of Waiakea Water: The pH Debate

Many companies claim to be “organic” or “green” and the term is being used so regularly that it almost seems cliche at this point. Some companies, however, really do earn the title organic. One of these companies is the Waiakea water company.

Waiakea water sources and bottles water from a very unique source, the Hawaiian volcanoes. In specific, Waiakea gets its water from Mauna Loa — or Long Mountain — the largest mountain on the planet. The volcanic rocks that coat the valleys of Mauna Loa boast a high mineral content and the clear waters that flow through these valleys have a unique alkaline pH.

The body maintains a pH of 7.4 naturally and alkaline products can help the body get rid of diseases as well as decrease the risk of things such as acid reflux. Most water in the store is generally anywhere from 4 – 7 in its pH level. Waiakea volcanic water from the Mauna Loa mountains has a pH of 8.8. Not only that, it contains silica (a nutrient that reduces Alzheimer’s risks) as well as a plethora of unique minerals.

Waiakea is healthy, sure, but they are also one of the companies fighting to reduce emissions through their green movement. First, Waiakea’s bottles are certified Carbon Neutral which is an ultra-sustainable packaging model. Second, the company’s factory runs on 33 percent renewable energy and pumps out BPA free 100% recyclable polyethylene terephthalate plastic. This plastic uses around 85% less energy than standard plastic bottles.

On top of this, Waiakea is using profits from their company to aid communities with at-risk (or no) water supplies. For every liter of Waiakea water purchased, Waiakea donates a massive 650 liters of fresh water to African communities. This is done through Waiakea’s Pump Aid donation program. This charity has already supplied over 500 million liters of water to in-need communities.

Ryan Emmons, Waiakea CEO has always had the vision of having a green charitable company. Pulling it off, however, was tough work. Breaking into the bottled water industry is tough. It’s a saturated industry filled with some big names. Ryan — who has a B.S. In Business Administration — fought tooth and nail to rise his water company up. Now, Waiakea stands with a $10 million valuation and is growing every year. Before you know it, Ryan’s ultra-clean green water company should be on the store shelf near you. So look out for it, and remember, it’s not only healthy, for every liter purchases 650 liters are given. That’s not a half bad return.

http://www.charmcitybeverage.com/water/waiakea-hawaiian-volcanic-water

Bradesco’s Luiz Carlos Trabuco Transitions Out Of The Presidency

Luiz Carlos Trabuco’s storied career at Bradesco Bank is nearing its end, but the decision comes, not at the request of Trabuco, or the company he has expertly led, but due to the bank’s own laws, limiting the presidency to those under the age of 65. Luiz Carlos Trabuco is, in fact, 67. The stipulations were temporarily relaxed following the untimely death of his successor Marco Antonio Rossi, Bradesco’s vice president, in a plane crash. The tragedy occurred just as Bradesco’s acquisition of HSBC’s Brazilian subsidiary was underway. Trabuco agreed to remain with the company, helping to steer it through the tumultuous waters with the steady, guiding hand he is known for.

A graduate of the University of Sao Paulo, Luiz Carlos Trabuco joined Bradesco in 1969, fresh out of college. He has remained with the Sao Paulo-based company ever since, achieving the pinnacle of his profession when he became Bradesco’s President in 2009. His successor as the head of Bradesco, one of the largest banking operations in Brazilian finance, was recently announced, and the choice caught many by surprise. Octavio de Lazari is currently an executive vice president of the bank and CEO of the Bradesco Seguros Group. It was thought by most insiders that the vice president of Bradesco’s technology department, Mauricio Minas, would be the chosen replacement for Trabuco.

Read more: Next Bradesco president to leave the bank’s board of directors, Says Trabuco

Luiz Carlos Trabuco will remain in this role until his successor is installed in office and, like Lazari’s other predecessors, has given his full support to the bank’s new leader. Trabuco has stated that he believes Octavio de Lazari possesses the personal attributes necessary to steer the bank forward on a trajectory of continued growth and influence, nationally and globally.

Octavio de Lazari has big shoes to fill in replacing Luiz Carlos Trabuco according to g1.globo.com. Trabuco’s stewardship saw the bank’s market share in Brazil’s competitive banking sector rise to 26% in 2017, a peak not seen for several years. That was on top of revenue growth totaling 6.8% higher, year over year. With Brazil’s economy set to grow up to 3% over the next year, and low unemployment across the economy, Bradesco can expect to see good results in the years ahead. As for Luiz Carlos Trabuco, well he isn’t heading off to a golden retirement anytime soon. Last fall, Trabuco took over as Chairman of the bank’s board, a position that will allow him to steer Bradesco’s culture towards a sustainable and promising future.

Source: https://oglobo.globo.com/economia/bradesco-anuncia-novo-presidente-octavio-de-lazari-junior-vai-substituir-luiz-carlos-trabuco-cappi-22365414#ixzz56wDld69g

Category: Bank Industry, CEO

Dallas Finance Company & Their Recent Business

A Finance Company and Their Placement Funds

NexBank Capital is a finance company based out of Dallas, Texas. The company issued a private placement of $54 million. Their placement is on a fixed-to-floating rate. The funds are specifically situated for affluent investors with interests in NexBank. NexBank says the proceeds will go towards “general corporate expenses.”

Proceeding the closing, NexBank accumulated a total of $283 million of debt and equity over the course of a year. NexBank Capital’s notes are non-redeemable for five years. The notes have a pre-set payback date of September 30, 2027. NexBank Capital has an interest rate of 6.375% for the first five years of the bond. After the five years, the interest is set at a floating rate that is adjusted according to the specific agreements in place. Proceeding that, there is a LIBOR of 458.5 points that lasts less than 6 months.

NexBank Capital’s notes are designated with a BBB rating. The notes also have a consistent classification with Kroll Bond Rating Agency. The classification is that of Tier 2, depending on capital regulations for the notes.

The closing of notes took place on September 19, 2017. The notes were provided by an afflicted placement agency called “Sandler O’Neill & Partners.”

More About NexBank

NexBank Capital is a finance company that assists their clientele for commercial banking, advisory services and mortgage banking. They operate through their subsidiaries. They work with brokers and dealers, advisors and investors. They founded their company in 1922, in Dallas, Texas.

NexBank currently contains $8.4 billion in assets. NexBank said their management team has experience and expertise in their industry. They aim to administer high-quality financial expertise to clients. The company is co-founded by James Dondero. He serves as the president of the company. Dondero stated that NexBank has a strong management team and years of leadership experience. NexBank believes in making efforts to benefit the company and generate success.

Category: Bank Industry

U.S. Money Reserve Explains Gold And Silver For 2018

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One ounce of gold is worth roughly $1,300, whereas one ounce of silver is currently about $16.60. Both are used in various products, including computers, through the primary reason people are crazy, crazy, crazy about gold and silver is that they’re used in all kinds of jewelry, spread all over the globe.

Obviously, the price of gold and silver – all precious metals, for that matter – change on a regular basis, even if it’s only a dollar at a time for gold, and ten cents at a time for silver.

So, what do the forecasts for silver and gold, respectively, look like for 2018? U.S. Money Reserve recently penned an article that contains just about everything one needs to know about where each is headed. Learn more about US Money Reserve: http://spectrumlocalnews.com/tx/austin/news/2017/11/16/us-money-reserve-gives-to-harvey-relief.html

The Breakdown On Silver

HSBC thinks an ounce of silver will sell for just short of $18.00 by the end of 2018, whereas CIBC World Markets and Sharps Pixley largely agree. Goldman Sachs has one of the lowest professional estimates for the price of silver by the end of the year, staking a prediction of just $17.20 per ounce.

Either way, investors and other silver purchasers can expect the precious metal to hold true to its price throughout 2018, “if not steadily increase throughout the year,” says U.S. Money Reserve’s John Rothans. Read more: US Money Reserve | Twitter and US Money Reserve | Facebook

The supply of silver and how it’s likely to change in coming months isn’t clear. However, news of new silver deposits, no matter what country they’re in, should make the price of silver either hold or drop slightly.

And Here’s What’s Going On With Gold

When the U.S. Dollar is weak, gold is strong. When gold can be bought all throughout the world, it’s relatively strong. More money to spend due to globally higher incomes means gold is strong. According to U.S. Money Reserve, 2018 looks good for gold.

Goldman Sachs thinks, by December, gold will hit $1,375 per ounce; ABN AMRO says $1,400; and PRICE Futures Group makes one of the boldest predictions, foreseeing a $1,500 ounce.

About U.S. Money Reserve

U.S. Money Reserve has long been a top provider of precious metals, both United States official coins and blank bullion, around the United States. It is led by a former Director of the United States Mint, Mr. Philip N. Diehl.

Austin, Texas, is home to the headquarters of U.S. Reserve. The company has served over 400,000 happy clients throughout the years.

Category: Money

Scott Rocklage and 5AM Lead Financial Support for Muscular Dystrophy Research

According to recent press releases, Expansion Therapeutics has been gathering Series A financing in order to increase its number of drugs that target genetic disorders such as myotonic dystrophy type 1 (DM1), which is the primary cause of adult onset muscular dystrophy. This financing effort was headed by 5AM Ventures, Novartis Venture Fund and Kleiner Perskins, with participation from Alexandria Venture Investments and RA Capital Management. Scott Rocklage, Ph.D., the Managing Partner of 5AM Ventures and also the Chairman of the Board of Directors for Expansion Therapeutics, stated that Expansion Therapeutics had formulated a plan to use the capital efficiently in order to advance the number of drugs that target RNA molecules in diseases like DM1.

 

Certain RNAs, which are molecules from DNA that have been changed to proteins, reach toxic levels in people with this genetic tendency and cause the resulting nervous system deterioration associated with DM1. Currently, there is no effective treatment for DM1. Expansion Therapeutics has based its scientific methods on research from The Scripps Research Institute’s Matthew D. Disney, Ph.D., who, according to Scott Rocklage, is the leader of the scientific team that is conducting the research.

 

Scott Rocklage is the founder and Managing Partner over 5AM Ventures. Scott Rocklage received a B.S. degree in Chemistry from the University of California, Berkeley and a Ph.D. degree in Chemistry from the Massachusetts institute of Technology (MIT). During his time at MIT, Scott Rocklage performed research in the laboratory of Richard Schrock, who received the Nobel Peace Price in Chemistry in 2005.

 

With more than 30 years of healthcare management experience, Scott Rocklage has had success having medications like Teslascan, Cubicin and Omniscan receive FDA approval. Scott Rocklage has more than 30 United States patents for personal and co-authored inventions, and a large number of his published works have been peer-reviewed. Scott Rockladge also has held many leadership roles such as the chairman and CEO of Cubist Pharmaceuticals, President and CEO of Nycomed Salutar and is currently the Chairman of the Board for Kinestral, Cidara and Rennovia.

 

Scott Rocklage and 5AM Ventures are looking forward to continuing to support these efforts to develop drugs to combat genetic diseases for patients who have few treatment options. All the participants in this joint approach are optimistic about future results, and Scott Rocklage will continue to leverage his financial and medical experience to advance this work.

 

Visit http://5amventures.com/team/scott-m-rocklage-phd/ to learn more.

Category: People