Sahm Adrangi is the man that started and ran Kerrisdale Capital as its CIO. The company focuses on research coverage on long and short-term investments. Kerrisdale capital management carried a research on Eastman Kodak Company. The Eastman Kodak company is a company located in the USA that bases its operations in technology. The company partnered with WENN digital to bring about a licensing partnership. They announced the launching of the KODAKOne and KODAKCoin which they said would enable photographers and agencies to have greater control over image rights management. View Sahm Adrangi at hvst.com.
Eastman Kodak Company’s stock rose to 187% after announcing the blockchain and cryptocurrency licensing partnership which was a sudden rise that made people start questioning the company’s credibility and transparency. Mr. Sahm Adrangi’s company best known for giving accurate reviews as to how a company has progressed when it is not clear to the market around carried out a research on the company’s sudden rise.
Kerrisdale capital gave a negative report on the Eastman Kodak Company on February 7, 2018, saying the company’s partnership announcement was their way of trying to hide the company’s financial problems and seeking to save it. The report they gave also emphasized that the team behind KODAKOne and KODAKCoin are of no credibility.
Sahm Adrangi’s company also reported that the main members of Kodak companies distributed company shares among themselves before the announcement they made. It is believed that the company is doing all these activities as a way to drift the people’s attention away from the main problem which the company is facing; bankruptcy. KODAKOne and KODAKCoin are new project ideas. They are hoping will enable them to get an income and be steady again as a company.
Sahm Adrangi’s company says that the direction the company took on their business is usually an end result taken by companies to salvage what they have and probably build their company through such investments which may not be very credible. Reports from Adrangi’s company also say Kodak Company was declared bankrupt six years before and it should stop having the misguided hope that the blockchain investment they made will save their company. More details on Sahm Adrangi at valuewalk.com.