Sahm Adrangi is the Chief Investor Officer for Kerrisdale Capital. CNBC published his article February 7th of this year which came out to be a negative report regarding Eastman Kodak. The report title Gone in a Flash, shows Kerrisdale Capital did focus on the company’s push to use cryptocurrencies and blockchain. In one statement it said that it was a PR stunt and a simple distraction that will go away once we see the earnings and investors are reminded of a very distressed financial situation. Sahm Adrangi reports says Kodak on the other hand, known as a imaging and commercial printing company, announced a partnership that allows them to move ahead with image licensing through the use a blockchain. This technology is expected to give them a stock rise of nearly 187 percent.
Sahm Adrangi, made it known in the report that they were skeptical of the concept stating that using cryptographics to imprint an image into a blockchain is far from intellectual property provenance. To be clear, the report claims that blockchain will reduce resources pertaining to copyright enforcement. Photographers will likely not be in line to receive payment in Kodak coins rather than actual money. He was also noted in the Kerrisdale Capital report that the company is far from having the luxury of hoping for success regarding blockchain projects. The document went on to report that the business is looking at a possible default and restructuring of debt in the coming months.
Sahm Adrangi has considered Kodak to be jumping into the blockchain hype and cryptocurrency as they have rather suspicious financial dealings from a few Kodak board members. The report that was written on January 8th 2018, specifically targeted this day because it was before Kodak made it known of its involvement regarding a Major Blockchain Initiative in Cryptocurrency. At this time, there were 5 board members restricted stock of 370,974. Kerrisdale Capital heard from a former SEC enforcement division lawyer who stated that if he was pondering on buying the company stock he be worried about an SEC investigation brewing that would ultimately decrease its value. He further stated that is a fair concern for Kodak or anyone in the process of considering joining the organization as an investor.
EOS lip balms are some of the most sough-after oral care products in society today. This brand is ranked very high on the list of best lip balm products. EOS has been the winner of up to 50 different beauty awards in the US. Some of the hottest names in the entertainment industry are loyal customers, including Demi Lovato, Britney Spears and Miley Cyrus. Sanjiv Mehra and Johnathan Teller, developers of the brand, wanted to introduce something new to the oral care market. Since many of the lip balms in present day was designed for both men and women, these two entrepreneurs decided to make these products exclusive to women.
The design process for EOS was quite extensive. Teller and Mehra didn’t know exactly what type of design would capture the attention of the public. There were plenty of prototypes in the beginning stages, but an egg-shaped design would eventually come as the final architecture. Gaining the trust of the people would be another issue. There are plenty of industry insiders that claim to understand the market, but many of them are just smoke and mirrors. By creating a lip balm that displayed wonderful packaging, the brand could get exposure, but what would actually turn the buyer into a repeat customer? The makers of EOS decided to use some of the best all-natural ingredients, including jojoba oil, shea butter, vitamin E and a bunch of antioxidants.
When it came to funding, EOS’s developers received interest from many investors. Teller and Mehra realized that there were some people who truly believed in the product. Instead of using old marketing tactics, EOS decided to use 21st century marketing tactics by utilizing the internet. Fortunately, these tactics have paid off in huge returns. As of 2018, EOS lip balms are some of the best oral care products on the market, and the brand is looking to continue its dominance in the future.
Find out more about EOS Lip Balm: https://www.stylecraze.com/articles/best-eos-lip-balms/#gref