In his capacity as the managing director of Kerrisdale Capital, Sahm Adrangi issued a negative report after working with Eastman Kodak Company for a short period. The commercial printing company whose stock rose to 187% after the partnership registered dwindling performance according to Sahm Adrangi. The announcement is a hollow attempt to bar ICO oriented companies from approaching it for business. More details on Sahm Adrangi at valuewalk.com.
Kodak’s Partnership with Kerrisdale
Kodak is 138 years into the imaging and printing business. The profits have doubled since the Kerrisdale Capital partnership. The blockchain and cryptocurrency partnership contributed to the sudden rise in manufacturing licenses. From the $300 million Kodak generated from the partnership, shareholders conveniently granted themselves huge shares before the announcement. This means that the business is worth more than the stated figure.
To address the issue, Adrangi scheduled a conference call dated 7th February. The agenda will be to scrutinize the Kodak report. Interested parties are allowed to attend this conference. You can reserve a seat by dialing 888-567-1603 if you are in Canada or America. Read more at Endpoints News about Sahm Adrangi.
Founding Kerrisdale Capital
Mr. Sahm Adrangi founded Kerrisdale Capital Management LLC. The company is an investment firm that provides investment insight to entrepreneurs and business professionals. Adrangi initially worked for Longacre Fund Management LLC, the Deutsche Bank, and Chanin Capital Partners. He has vast experience in hedge fund management. That is why at Longacre Fund Management, he handled about $2 billion in distressed debt fund.
Sahm Adrangi is an alumnus of Yale University. He pursued education and majored in arts and economics. He is a master in skilled investments, investment banking, management and hedge fund evaluation among other fields in the industry. At Kerrisdale, he focuses on specific factors including short selling in addition to publishing research. He is also equipped with biotechnology skills. Sahm’s research has contributed to the expansion of numerous businesses.
Adrangi first became an admired hedge fund manager when he blew the whistle on a fraudulent, Chinese company. He exposed China Marine Food Group and Lihua International among others. He still issues reports regarding companies that swindle investors. It is evident that Sahm Adrangi commits to providing investors with comfortable, trading environment.