There is a biotech company on the market that has recently made claims of a new breakthrough drug that can fight cystic fibrosis for patients by improving lung performance drastically. However, Kerrisdale Capital has researched and reviewed these statement by Proteostasis and has found that they are most likely a load of hooey. This market has largely been dominated by Vertex for many years, and Sahm Adrangi suspects this new drug is more of a chemical cocktail that has no real results behind it.
The trial done by proteostasis one consisted of four patients and after some diffing, Kerrisdale found that the increase in performance that this biotech company is claiming their drug provides is actually because of a slight drop in performance among the placebo group. This gap in percentages is most likely due to poor testing procedure says Kerrisdale Capital.
One of the most important questions that Sahm Adrangi poses is what will happen to the company should their drug not be successful like they claim it to be? Currently, the value of the company is mostly derived from their product, which means they stand to drop in share value by upwards of 90 percent should this drug prove worthless. This lets Sahm believe that Proteostasis is willing to fabricate their data and push out a drug cocktail in order to profit or at least maintain their company value.
Sahm Adrangi is hardly wrong with his reports and he always digs deep in order to find the most accurate data when he puts the word out about a company, whether good or bad. This is why so many people follow the words of Sahm Adrangi. The fall in Proteostasis share value after Kerrisdale’s report came out is a testament to this fact. After Kerrisdale took the short position on Proteostasis, the biotech companies share values have dropped upwards of 20 percent, causing them to sell over nine million shares to maintain their funds.
OSI Group recently announced that it was purchasing the Tyson Foods plant, located on Chicago’s South Side. The news came as a great relief for the former Tyson Food Group employees. Tyson sent out a notice this past November that it would be closing its Chicago plant, meaning that nearly five hundred people would be losing their jobs. This would be devastating for those people, most of which live in a modest area of Chicago where jobs can be quite scarce. However, OSI Group came in at the last minute to buy the facility. Most of the former Tyson Food Group employees were offered generous jobs with OSI Group.
The facility in Chicago is over two hundred thousand square feet and employs several thousand people. The OSI Group is now managing the facility. This acquisition is just one of several recent purchases for the OSI Group. The company has seen rapid expansion in recent years. The expansion comes not only to the United States, but across the globe. OSI Group is the world’s biggest provider of health-value foods that is privately own. The company is highly dedicated to expansion and will continue its growth throughout the world. Currently, OSI Group has more than twenty thousand employees, and that number continues to grow on a daily basis. The company owns facilities in over one dozen countries and those facilities number at more than fifty.
If you didn’t know already, one in five pieces of chicken that is consumed in the United States is a Tyson product, which will now be an OSI Group product doing business under the many Tyson Food Group names. These names include prominent names such as Jimmy Dean, Hillshire Farms and, of course, Tyson. These brands have been in households for generations. Tyson also works with restaurants throughout the United States and beyond. The company literally works with all kinds of restaurants, from fast casual to the best fine dining restaurants in the country.
OSI Group announced even further global expansion through by purchasing a major stake in Baho Foods. The company is based in Netherlands and has been in business for six decades. The purchase of Baho Foods showcases OSI Group’s dedication to expand not only in America, but throughout the world. Similar to the Tyson Food Group, Baho Foods specializes in the production of meats that include, chicken, sausage, bacon and more.
Learn More: beta.companieshouse.gov.uk/company/03083661
Ted Bauman is a financial writer who loves to inform his readers about topics focusing on finances. One of his latest article features the difference between value and price, and how we should be aware that the two terms are vastly different. For instance, according to his article, the value of something is inherent to what constitutes the product – if it is made of rare materials, it should be expensive, and as time goes by, the value also increases. In contrast, the price is only made due to the demands for the product, and if there is high demand, the price also increases. Ted Bauman advised his readers to go for the value, and be able to retire with plenty of cash on hand. He stated that people should also be wary on where they are investing their money, because they wouldn’t know when its value would move to their advantage.
Read more on seekingalpha.com
Ted Bauman loves to write articles, and he joined Banyan Hill publishing last 2013. He is serving as the editor for several publications being distributed and printed by Banyan Hill Publishing, including Alpha Stock Alert, The Bauman Letter, and the Plan B Club. He specializes in topics which tackle about the protection of assets, individual privacy, issues about the continuing migration crisis, and strategies on how to be a successful investor through low risk techniques according to crunchbase.com. He wanted to share the knowledge that he learned from his past experiences so that people can live a financially independent life.
Born in Washington D.C., Ted Bauman left the United States for South Africa when he was young. He studied at the University of Cape Town, and after graduating, he worked as a consultant for a number of public and private companies, even serving the South African government. He focused on housing and techniques on how he can improve the quality of life of South Africans. He traveled extensively during his career as a consultant, being able to visit more than 75 countries and identifying the methods that can be used on how he can build more houses for the poor. However, he grew tired of his job and decided to come back to the United States in 2008. His experiences as a former consultant helped him realize how important it is to invest in multiple investments, and because he wanted to share what he learned to the public, he decided to become a writer for Banyan Hill Publishing and joined the company in 2013.
For more information about Ted Bauman, just visit http://www.talkmarkets.com/contributor/Ted-Bauman.
Bumble, a dating site developed by Whitney Wolfe Herd has been pushing the numbers gaining on its rival Tinder. Whitney Wolfe purchased the space in Manhattan which for more than a decade had been occupied by the four season’s restaurants. With this kind of ambitions, it indicates how large of a size the company will grow. The company has revenues of more than $100million for the period it has been operational. Whitney declined a buyout of half a billion from Match group. The social media platform which is one of its kind, allows women to make the first move. Bumble it has been developed in a way it that it generates money from unique features which have regular users. Whitney Wolfe hails from Salt Lake City; she attended Southern Methodist University at Dallas Texas graduating with a degree in international relations.
Before developing Bumble, she was the co-founder and the marketing vice president at Tinder, the most significant competitor in the market. Herd, the concept of Bumble allows women to ask for numbers from men or women or instead of initiating the first move. When one sends a message, it disappears after 24 hours if not replied. After going through various names, she finally settled on Bumble. The target of the application has been mainly women. After the release of the app in 2014, it managed close to 100,000 downloads in the first month. The headquarters of the company is in Austin Texas. The building is distinguishable due to its unique design which has sunflower yellow roof and wall. The company has 85% women, despite the difference in ratio, it serves to empower women to come up and achieve their goals. The company values at $1 billion which is also subject to raise with the growth in its popularity. To know more about her click here.
With the app, one has to swipe left or right for one to find a matching partner. When two users of different sex match, the woman must initiate the conversation by sending a message. The application makes women feel more in charge as opposed to those applications they received unwarranted content. Most of the women using the app have expressed that they are not only looking for love in the app but also friendships. The demand has led to the introduction of Bumble BFF. The feature focuses on creating platonic relationships between women. Bumble BFF has had more than 3 million attempted to use and has around 50,000 active users each month.
Her LinkedIn Profile: https://www.linkedin.com/in/whitney-wolfe-1791a299
The OSI group is one of the large and renowned companies globally in the food industry. The company’s recognition is for the provision of quality food product that meets the consumers’ needs. The OSI group majors in the production of value-added foodstuffs including proteins like beef and sausages. The company additionally also supply sandwiches and pizza to retails stores and foodservice industry globally. The company offers a range of products from organic, natural, healthy, and tasty foods at affordable, and premium prices. The company has over 60 operations running and operating in over seventeen countries including the United States, China, and Europe. OSI group is also the largest privately owned company that deals with processing.
The company’s belief, shared by every employee in the organization is that success in the future days depends on the company’s ability to attract the best and the brightest products. The staff members of the OSI group are not only professionals but also very passionate about their work in providing nothing but the best. There are over eight processing factories globally that deal in processing the raw materials into the value-added quality products.
The company has produced the best product, especially in China for more than two decade decades, therefore, building the reputable brand among the suppliers and consumers. Additionally, the company has assisted in the development of countries economy due to the investments and trade. Having branches and still being the best largest company indicates the ability of the company to recognize consumers’ needs and provide appropriately. The company has passed through many barriers including cultural, government regulations of different countries and continents, and also the consumer’s needs in providing its produces.
The company has employees working in all branches and the employees are very efficient in determining consumers’ needs and preferences. The company partners with clients to find out what preferences and needs they require and also partners with suppliers to seek their opinions before finally producing and delivering goods. The company further ensures continuous product development to better the consumer’s needs.
The OSI group has also partnered with other companies such as DOYOO in creating DaOSI which specializes in poultry operations. The organization also partners with other stakeholders like McDonald subway, Starbucks, burger king among; many others in ensuring clients access their desired products.The company produces quality products due to the availability of built-in x-ray machines in the factories that provides detection of foreign particles. The device also aids in the monitoring process to ensure each operation of production is perfect.
OSI group info: www.foodprocessing.com/top100/profiles/osigroup/
OSI Industries has been a leader in meet manufacturing for many years. The company began as a family-owned business in the Chicago area in the early nineteen hundreds. Otto Kolschowsky was a German immigrant who started a meat market. He ran the company with his sons and eventually became a supplier of meat to various types of food industry providers within the area.
Otto’s children were running Otto and Sons by the 1950s. They developed a relationship with McDonald’s Organization. This business arrangement would eventually take Otto and Sons to tremendous success. They introduced several groundbreaking concepts to meat manufacturing that endeared them to the leaders at the McDonald’s Organization. The company was selected to be the number one meat provider for McDonald’s. A new facility would need to be built for arrangement to be efficient. Sheldon Lavin was brought in to oversee the evolution.
Sheldon initially started as a consultant. Over time his involvement grew, and he became more hands-on with the business. McDonald’s suggested that Lavin be a full-time partner with Otto and Sons. Lavin eventually provided the vision that would take the family-owned company to worldwide recognition.
Otto in Sons of eventually became known as OSI Industries. It has since grown into a multi-faceted organization that provides a variety of products including ground beef, bacon, hot dogs and vegetable products. It acquired Baho Foods and Flagship Food Group to solidify a presence in the European region. Both of these companies have unique attributes that will benefit the OSI effort. Baho Food Group has several subsidiary companies of its own. Flagship Food Group also acquired another food manufacturing organization. Such moves are the type of growth that Sheldon Lavin has always aspired to achieve.
OSI bought Tyson Foods for 7.4 million dollars. Tyson Foods is a Chicago-based manufacturer that has been around for many years. The company was in jeopardy of closing its doors. The closure would have meant the loss of many jobs for longtime employees. OSI Industries was able to complete the purchase and save people from unemployment. Many of them were offered positions at OSI.
OSI headquarters are in Aurora Illinois. However, it operates plants throughout the Americas. There are also facilities in China. The company was noted as 136th largest privately owned company in the country by Forbes in 2011. That number rose to 58 by 2016. OSI also provides services to Pizza Hut, Papa John’s Pizza, Subway and Starbucks.
OSI Group Info: www.crunchbase.com/organization/osi-group#/entity
From its humble beginnings over a hundred years ago, OSI Group has definitely grown to become a global power house of sorts. A leader in the food processing supplying business, the company first started out as a small meat shop in Chicago. Founded by an immigrant, Otto Kolschowsky, he initially named it Otto&Sons. The company operated in this way for nearly four decades when in 1955 it got a breakthrough offer from an another small company known as McDonald’s, as one of their main beef suppliers. Yes, that would be the McDonalds we know of today that dominates the fast food business.
What happened to Otto & Sons meat shop after getting that contract is easy to guess. Things went along that way for a few more decades when one of the bankers the company was dealing with named Sheldon Lavin joined the company. At first, he worked in more of an advisory capacity with the family who was running the company. However, not long after he became a managing partner. And then eventually bought the company outright. Once Sheldon came aboard he began an aggressive expansion overseas by snapping up similar companies in places like England, Brazil, Germany, Spain, and India.
One of the most recent acquisitions is Flagship Europe. Flagship is one of the biggest food service companies in the UK. Some of the foods they supply include but not limited to are poultry items, Oliver James pies, Mayonnaise, sous vide equipment and assorted dressings and sauces. This acquisition not only gives OSI Group a big presence in the UK but in other parts of Europe as well. However, even with all this growth, Sheldon strongly believes the reason behind OSI’s success in international ventures is because the company is mindful of local tastes, customs, and culture. In other words, Even though OSI is a global company, they think local.
Apart from being a food distributor, OSI is also active when it comes to collaborating with technology companies to come up with equipment to help with food hygiene. One example would be machines that can detect foreign objects in food.
To know more visit @: www.foodprocessing.com/top100/profiles/osigroup/
Greg Secker was born in 1975 in Norfolk, England and is currently based in London, England. Greg is a man of various talents. He is an entrepreneur, philanthropist, international speaker, and master trader. Despite all these great roles, he considers his role as a father the greatest. Greg holds a Bachelor’s Degree in Agricultural and food sciences from the University of Nottingham.
Greg began his professional life at Thomas Cook Financial Services where he served as a trading technologist. His main role at the company was to develop foreign exchange trading systems. In 1998, Greg received the coveted British Telecom Award for distinguished innovations in e-commerce. He had created an online forex trading platform known as the Virtual Trading Desk.
Secker was hired to serve as the Vice President of Mellon Financial Corporation, a large Fortune 500 investment bank based in the United States. While working at this company, he traveled a lot to different international trading centers. He gained extensive knowledge from the financial traders. Greg launched a company, Learn to Trade, where people were educated on how to trade. In 13 years, the company has expanded to three continents and currently has offices in Australia, London, and South Africa. More than 200,000 people have been educated by the company through workshops and seminars.
In 2003, Greg resigned from the company to become a full-time forex trader. He started working from his living room. After some time, Greg started training people on how to trade and equipped them with great trading strategies. Greg noticed that most people struggled to start a successful trading career. There was limited trading education that was accessible at a low or no cost. Thus, people joining the trading sector with little education had high stakes. Greg wanted people to have an adequate trading education so that they can trade with ease and improve their lives.
Greg became a multimillionaire in his twenties. He owns other companies such as Capital Index and SmartCharts Software. In 2010, Greg Secker founded The Greg Secker Foundation to improve the quality of life around the globe. The foundation collaborates with youth programs to improve leadership, life skills, and education in various communities.