Private investment manager Kerrisdale Capital has published a report explaining why it shorted biopharmaceutical company, Proteostasis Therapeutics, Inc. It is considered a valuable investment because it has the current leading drug treatment for cystic fibrosis. After it was recognized by the FDA, its stock price skyrocketed 100%. All of that makes it look very positive, but Kerrisdale’s report details a pattern of low-quality data and troubling omissions in public disclosures. To fully release the details of its negative report, Kerrisdale hosted a conference call on Tuesday, March 20 at 10:30 am ET.
Those interested in taking part in the call were urged to dial (866) 834-3313 (United States) or (409) 981-0700 (international), they could directly contact Agnes Cao at firstname.lastname@example.org.
Kerrisdale Capital is led by its founder and CIO, Sahm Adrangi. He first made a name for himself managing over $2 billion in distressed funds for Longacre Fund Management LLC. He left in 2009 to found Kerrisdale. Sahm Adrangi founded the company with less than $1 million dollars and has led it to its current management of more than $150 dollars. He is also a widely recognized expert concerning misconceptions concerning specific companies. He first made a name for him doing this sort of thing by exposing fraud in Chinese companies in 2010 and 2011.
This was just the beginning. Sahm Adrangi has since done so many times in a variety of industries. He publishes his findings on the Kerrisdale website, Twitter, and miscellaneous other sites across the web. In past months Sahm Adrangi has focused his sights largely on the bioscience industry, particularly Bavarian Nordic, Sage Therapeutics, Zafgen, Unilife, and Pulse Biosciences. During this time he has also focused on the mining industry, specifically, First Majestic Silver and Northern Dynasty Minerals; and on the telecommunications industry, namely Globalstar, Dish Network, Straight Path Communications and ViaSat Inc.
According to Patch.com and an interview with Forbes.com by Susan Adams, Dr. Mark McKenna began his career in New Orleans, Louisiana after he graduated from Tulane School of Medicine in 1999. During his time in the University he would do physicals for prisoners and work for $50 an hour. Dr. Mark McKenna would then invest all of his money he made during this time to real estate and also worked with his father in the his doctor’s office for about 5 years. However, in 2005, Hurricane Katrina put all this laid to rest when New Orleans was destroyed in many areas of homes and businesses. Millions of dollars was gone just in the blink of an eye for this young doctor. For 2 years Dr. Mark McKenna would work to help rebuild New Orleans. In 2007 he moved his practice to Atlanta, Georgia and started Shape Med. This was not any problem at all since he has made a name for himself and trusted by his patients and continued on his journey.
Most recently, Dr. Mark McKenna has opened the doors to a new service to the Buckhead area. March 1, 2018, he is now the owner and operator of OVME, pronounced “of me.” This place has 4 private treatment rooms and a private office for Doctor and Patient confidentiality. OVME provides the updated medical aesthetic with the most upgraded technology to provide the goal of people to have a new outlook on themselves with confidence. The services include the following: a variety of facial and skin upgrades performed with injections of neurotoxins for youthful skin, dermal fillers for lips to look fuller, micro-needling, testosterone replacement therapy, and working with male hair loss issues. They will also work with weight issues by reviewing the patients DNA test results. OVME has the number one setting for luxury and privacy for its patients. They also have a collection of products for skin care that the public can buy as well even without making an appointment. The entrepreneur Dr. Mark McKenna has definitely brightened the faces of the people of Atlanta, Georgia.
Recently, Norman Pattiz announced a new podcast: “All of the Above,” which is hosted by Norman Lear. Lear, a multi-talented former writer and producer, is creating this podcast to cover a wide-range of topics rather than focus in on a narrow niche. The podcast features guests weekly, and early-on, Lear hosts Amy Poehler, Jerrod Carmichael, and Juli Louis-Dreyfus. The podcast debuted on May 1 and continues to release a new episode every Monday. Not surprisingly, Pattiz is thrilled to have Lear aboard, claiming to have “known and admired” Norman for a long time. Pattiz’ network benefits from the popular Lear, who challenges audiences to give him a try: “Whatever my age, I think of myself as your peer — whatever your age. Subscribe, and see if you don’t agree.”
This show is the latest for Norman Pattiz’ succesful PodcastOne, an app and website which features a number of different podcasts, including shows hosted by a number of different people: Shaquille O’Neal, Larry King, and Jordan Harbinger to name several. Pattiz has 50 years of experience under his belt; before starting PodcastOne, Pattiz was the founder of Westwood One. While now retired from his role at Westwood, Pattiz’ leadership led Westwood to becoming America’s largest radio network in 1976. Pattiz has carried this success into PodcastOne, which is now further strengthened through the addition of Lear. His transition from traditional radio to internet radio was an interesting one, and in an interview, he discusses how a meeting with Kit Gray “struck” him with the idea that podcasting was capable of bringing Westwood One to the digital world.Learn more: https://patch.com/california/across-ca/norman-pattiz-announces-positive-impact-podcast-advertising
Beyond entertainment, Pattiz has also contributed to broadcasting services within American government. He was appointed to serve on the Broadcasting Board of Governors, which oversaw several government broadcast stations such as Radio Free Europe, Middle East Broadcasting, and The Voice of America. Pattiz lifetime achievements have earned him a number of accolades, but perhaps most significant is his 2009 induction into the National Radio Hall of Fame. He also earned the Giants of Broadcasting award. Pattiz’ career is remarkable, and those looking to enter the realm of podcasting or radio themselves should take a look at his beliefs and philosophies for inspiration. Learn more: https://www.crunchbase.com/person/norman-pattiz#/entity