Business, Company, Entrepreneur

In November 2014, Fortress Investment Group started New Fortress Energy to handle infrastructure and natural gas in Jamaica. The company ran by Wes Edens officially filed for its IPO, Initial Public Offering on November 9, 2018, but the company did not disclose the date of the IPO. Since its innovation, the company has grown tremendously to become one of the leading gas to power companies in the region. Apart from the first terminal in Jamaica, New Fortress Energy has other terminals in Ireland, Puerto Rico, and Mexico. The terminal in Jamaica receives its by-products from another facility owned by New Fortress that operates in Miami, Florida. Wes Edens is hopeful that the company will have ten more liquefaction facilities by 2023. The company hopes to raise over $100 million through the impending IPO.

Check out cnbc.com to learn more about Wes Edens.

The reason for looking for funding through the IPO is due to the plans of new investment projects in the company’s strategy. One such project is the proposed Baja California Sur plant construction in Mexico. The terminal for importing liquefied gas is in the hands of a developer for a long-term contractor basis. The contractor will construct, develop, and operate the terminal at the Pichilingue port. On July 19, 2018, Wes Edens handed the $184 million project to Port Authority of Baja California Sur. The project is set to commence by 2020 marking the terminal as the first of its kind in Baja California Sur upon completion. The plant will have a positive impact on the community because it will force the existing power plants to reduce power costs by up to 30 percent. New Fortress will collaborate with the officials, industries and the community in the development of the new project. Another plant owned by Fortress New Energy is the 120-MW plant at Montego Bay.

Wes Edens started Fortress Investment Group in 1998 with an initial capital of $400 million and 30 employees. Currently, the company has 1,200 employees, and its assets total to $72 billion. The company offers investment strategies to institutional and private customers globally. Edens continues to expand the company by initiating different new projects frequently. The idea of investing in the Jamaica Liquefied Natural gas came to help the community to stop using dirty fuel and adopt natural gas. The company hopes that The IPO will benefit future projects in a significant way.

Learn more: https://www.wealthx.com/dossier/wesley-robert-edens/

 

Business, Businessman, Entrepreneur

Flavio Maluf has for several years been a significant player in the Brazilian agribusiness sector for several years. The 67-year-old is the Chairman and CEO of Eucatex, a business venture that specializes in the production of doors, floors, partitions, paints, varnishes MDP and MDF panels and wood fiber sheets, from Brazil. Eucatex is one of the largest producers of the products mentioned above in Brazil and uses Eucalyptus as its raw material. Read more on Business and Economics about FlavioMaluf

The Sustainability Goal

Since its inception in 1951, the Sao Paulo based company under the leadership of Flavio Maluf has focused on practices that not only ensure self-sufficiency but also guarantee environmental production and ultimate sustainability. One of such practices has been the efforts in reforestation and investments in land. In the same spirit, Eucatex partners with cities in São Paulo in an initiative dubbed “Casa da Natureza,” an Environmental Education program targeting students in public schools. The program, which has attracted close to 27,000 visitors since it started, was fronted to create awareness and emphasize the need for forests protection, preservation of the environment and the benefits of eucalyptus as a raw material. With the recognition of the threat of fire, Eucatex invests in fire protection mechanisms, such as the construction of fire breaks.

Community Service

In addition to the sustainability objective, Eucatex strives to improve community members’ quality of life and wellbeing, through initiatives that seek to address their socio-economic needs. Through an Apiculture program, people from living in the vicinity of Eucatex farms benefit from income generated from activities like bee-keeping. The community around is empowered through the creation of about one thousand jobs and benefit the local economy

Flavio Maluf has a Bachelor’s Degree in Business Administration and a background in mechanical engineering. He studied at the prestigious Fundação Armando AlvaresPenteado (FAAP) Brazil.

Learn more: https://www.terra.com.br/noticias/dino/conheca-com-o-empresario-flavio-maluf-alguns-mitos-e-verdades-a-respeito-de-ser-um-empreendedor,21991ecd7b49587604a2d972ecada3b6lz1vsqwr.html

 

Business, Business Leader, CEO, Company, Entrepreneur, Health, Innovation

InnovaCare Health is one of the leading providers of Medicare Advantage plans and physician practice services. The headquarters of the company is located in Fort Lee, NJ. Most of its operations are in Puerto Rico. The leadership of InnovaCare Health comprises CEO Rick Shinto and CAO Penelope Kokkinides. The two leaders lead the company towards the provision of quality healthcare services at an affordable rate. The two are instrumental in the growth of this company. They have made sure that there is a significant development in the company so that they can meet the needs of as many people as possible. So far, InnovaCare Health has over 500,000 people who subscribe to their services.

CEO Rick Shinto

Rick Shinto is one of the most experienced professionals in this company. He is well- educated since he holds a B.S from the University of California and a medical degree from New York University. He also has an MBA from the University of Redlands. With the strong background in education, he is definitely up to the task of making sure that people get the best services. She started his career as a pulmonologist in California. This marked the start of a high flying career in the healthcare industry. He has since then been featured among the TOP 25 Minority Executives in Healthcare in 2018.

Penelope Kokkinides

Penelope Kokkinides is another instrumental leader at InnovaCare Health. She joined this company in 2015 after gathering experience of two decades from other organizations. She has held top positions in other organizations such as Centerlight Healthcare, Touchstone Health, and AmeriChoice. Some of the senior positions he has held include vice president and chief operating officer. In her career, she has mostly worked in the field of managed care and strategic planning.

Penelope Kokkinides holds biological sciences and classical languages degree from Binghamton University. Penelope holds a masters in Social Work from New York University and a degree in Public Health from Columbia University.

InnovaCare Health

InnovaCare Health is boosting the performance of the healthcare sector by equipping physicians with modern and innovative solutions. It has created a network of over 7,500 providers to help the clients get the value for the services needed.

For over a decade now, the company has striven to offer high quality and affordable services. These two rarely go together, but InnovaCare is making it possible for them to work. Currently. The providers working with InnovaCare are covering over 500,000 people.

https://www.bizjournals.com/newyork/potmsearch/detail/submission/6104172/Penelope_Kokkinides

Entrepreneur, Leader

Paul Mampilly has spearheaded the journey to improving the lives of ordinary individuals in the United States of America since he quit his employment job in 2016. Since then, he has dedicated most of his time in conducting a series of research that enables him to come up with the analyses of the investment markets and the probable trends in the same market. He then dispenses this advice to the everyday investors who are very eager to multiply their wealth using the advice that they get from Paul Mampilly. Mampilly has employed a team of young investment managers at the Banyan Hill Publishing where he does this job. The team is responsible for the collection of the market data and then conducting the necessary market analyses so that they can develop concrete investment predictions from which they can advise their clients.

One of the aspects that Paul Mampilly emphasizes is the use of emotions to make investment decisions. In his submissions, Mampilly says that the definite way to make poor investment decisions is by using the guts or feelings to decide when and where to place your trade. He argues that the only tool to use for that purpose is the brain. This is because to make any investment decision any investor has to perform due diligence to ensure that they are making the right moves to their investments. On the other hand, the investors also have to put in place some strategies and measures that will enable them to measure the viability of the decisions that they make towards their investments.

Another aspect that Paul Mampilly discusses with his clients is about the maintenance of the tax records. A lot of ordinary investors who invest independently are never sure how long they should keep they tax documents for the record purposes. This has in sometimes resulted in disputes between the investors and the taxman. When addressing this challenge, Paul Mampilly indicates that all the tax documents should be kept safely for as long as the owner is in the business. This is for the purpose of the records in case there emerge some discrepancies between the investors’ records and those of the tax authorities.

Business, CEO, Doctor, Entrepreneur, Innovation, Plastic Surgeon, Surgery, Treatment

For the last handful of years, Dr. Mark McKenna of Atlanta, Georgia has placed the focus of his work on building up his OVME clinics. The goal behind OVME has been to develop a new type of clinic that can truly provide the highest level of service to its patients. OVME strives to provide its patients with the options that they are looking for. All of this revolutionary work is being overseen by Dr. Mark McKenna. he is a trained medical doctor who is licensed to practice both medicine and surgery. His revolutionary OVME concept works on the basis of streamlining elective surgery processes. OVME offers a level of convenience that is truly changing the industry.

It would be hard for anyone to argue that it is anything other than fact that technology has rapidly transformed the world over the last handful of decades. Virtually every sector in the world of business has been affected by the presence of technological advancement. Dr. Mark McKenna has made it a point to fully embrace new and evolving technologies in his medical practices. He is a firm believer that technology only serves to enhance the medical profession and he is resolute that the best is yet to come.

In the spirit of harnessing technology, Dr. Mark McKenna is an avid proponent of on-demand apps. Many of these apps are now available for medical patients. This is a revolutionary and innovative method of connecting providers and patients with one another and it is all much more convenient than it has ever been before. These sort of apps are really revolutionary when considering their benefits to patiets that are from areas that are in remote locations. Mark McKenna and OVME are really revolutionizing the medical world with the way that he is utilizing these sorts of on-demand apps to provide services for his patients.

https://patch.com/georgia/atlanta/atlanta-gets-ready-welcome-dr-mark-mckennas-ovme-buckhead

Business Leader, Entrepreneur, Leader, Philantropist

Adam Milstein is an Israeli native who came to the United States to obtain a higher education. He earned an MBA in entrepreneurship. After graduating, he was unimpressed with the job offers he was given. This prompted him to begin working as a real estate broker because he felt he could earn more. After a few years of success on the job, he went on to become an investor in real estate. Today he is a Philanthropist and a successful real estate investor. He is a managing partner at Hager Pacific Properties, a commercial real estate investment firm.

Adam Milstein is a man who is not afraid to share his views when he witnesses an injustice in the world. He had written recently in which he has observed a connection between ideological extremism and anti-Semitism. In the pursuit of liberty and justice of all human beings. He feels that there should be no tolerance for hate towards any fellow man, regardless of race, religion or any other difference. He also believes that anti-Semitism is a type of hate that has been extremely difficult to eliminate. Anti-Semitic views have led to some of the worst human rights violations in history and that it is a direct cause of many violent acts against innocent Jewish people. There are not many other cultures who can claim a similar history or discrimination, dehumanization or mistreatment.

Adam Milstein wants to inform individuals that there is an imperative difference in accepting people with opposing beliefs and accepting people who aggressively hate other groups of people. Hate speech is not a valid way to express an idea. Milstein says it hate speech must be prevented from being treated as additional political terminologies Hate speech is the scapegoat to allow violent attacks on whole groups of people. Being an American, Adam Milstein believes wholeheartedly in protecting free speech but recognizes that hate speech is the opposite of what makes a free country great. He continues to work for the progression of the Jewish community. He has donated a lot of money for numerous pro-Jewish causes.

http://blogs.timesofisrael.com/author/adam-milstein/

Entrepreneur, Leader

Mr. Paulus has acquired a lot of wealth from his investments in the hospitality and tourism industries. He was recently listed in the Forbes magazine as one of the world’s billionaires. The tourism sector in Brazil has grown tremendously over the years.

Guilherme Paulus is one of the pioneers of a Brazil-based tour operator known as CVC. The firm has operated in the country for more than four decades now. He was 24 years old when he established the company. His business partner left the company after four years to pursue his political interests. CVC has been named as the largest among the other players in the tourism industry in Latin America. Towards the end of 2009, the businessman opted to sell some stake to an investment group called Carlyle at an estimated value of $420 million.

Guilherme Paulus is also the founder of a hotel group known as GJP Hotels and Resorts. Under the GJP umbrella, he manages over 20 facilities. One of his plans is to acquire pieces of land in strategic places such as airports in the country to build new structures. In 2014, the World Cup took place in Brazil and there was an influx of foreign visitors that led to high demand for hospitality services. Another global event that has led to a similar situation is the Summer Olympics. Before he attained the age of 20, he got a job at IBM where he was an intern. Guilherme Paulus has also invested in other countries. The 20 facilities under the GJP network are located in various places such as Maceio, Recife, Salvador, Sao Paulo, and Rio de Janeiro.

Over the years, the GJP group has employed thousands of people. Currently, it has more than 5,000 workers. Guilherme Paulus started investing in the hotel business since 1995. As the GJP brand grew, it got more clients and has served about 100,000 people. During an interview, he disclosed that a former state deputy came up with the idea to form CVC. He has previously worked at Casa Faro. Some of his close associates acknowledged that he could become a good entrepreneur. According to him, the introduction of innovative products in his venture is one of the key factors behind the growth.

Business, Business Leader, CEO, Company, Entrepreneur, Entrepreneurs

Technology is fast changing, and with every passing week, there is an innovation that is coming up. In fact, the rate at which technological innovations are coming up is so fast that even keeping up with the latest can be a big problem. The innovations range from mobile applications, some artificial intelligence inventions, automation among many other kinds of innovations. With technology you just have to wait and see what will happen next. With a lot of money being invested in research by big companies in the world, more technological innovations are expected to come up in coming years. With this investment, you cannot predict what will available in the next five years.

 

For people who were here in the 1990s, technological growth that they have witnessed is too much. Take the case of the automobiles; we have moved from steam-powered vehicles to electric cars. Things like mobile phones were never part of us a few decades ago, but today, they are owned by every adult.

 

One person who knows about the power of technology is Louis Chenevert. He understands how quickly technology can change an industry. At the height of his career a few years ago, Louis Chenevert was the President and CEO of United Technologies Corporation. He was the CEO between 2008 and 2014. UTC is a business which has many other multi-billion businesses under it. The company has its headquarters in Connecticut.

 

UTC is a leader in the aerospace industry although it deals with other businesses. One of its accomplishment is supplying NASA with fuel power plants. Since 19966, they have been working together and have made space traveling a reality. They also manufacture jet engines for military and commercial aircraft. They are always creating the latest technology that will offer the best performance to their clients. The Geared Turbofan engine is one of the key inventions that have been made by the company.

 

Louis Chenevert term as the CEO was marked with great results. He steered the company into growth in a short time. Although he is retired from the company, his reputation as a business leader will live on for many years. He laid the foundation for further growth of the company.

 

http://www.utc.com/News/News-Center/Pages/Louis-Chenevert-becomes-the-eighth-Chairman-of-United-Technologies.aspx

Business, CEO, Entrepreneur, Investments, Technology

In early February 2018, Shervin Pishevar opened the floodgates on his ideas about why the US economy was headed downward. This was all after a significant drop in the stock market. Shervin Pishevar sent out 50 tweets in 21 hours pointing out reasons he felt the US economy was spiraling out of control and would see another drop in the stock market by at least 6,000 points in the coming months. The vast majority of his tweets were dark.

One of the most ominous forecasts was in regard to the big five unicorns. This includes Alphabet, Amazon, Apple, Google, and Microsoft. He anticipates a possible downfall of these big companies. He refers to them as being giants that are built on a monopoly framework. He says they will fall, as they should. Shervin Pishevar seems to feel that most have a blind eye as far as the power of these giant companies is concerned. However, he believes that their influence is not good for the US economy, especially considering the fact that they can buy out small start-up competitors. He feels that this will ultimately cause the entire system to fail.

When the stock market takes a dramatic dive, the government often uses a tool called quantitative easing to re-correct the market. Shervin Pishevar acknowledges that this tool has been used successfully in the past to correct the market. However, he warned that people should not be fooled when the government pulls this tool out again. He says that it has been used too many times to continue to be effective.

Shervin Pishevar has a globalist perspective and seems to feel that there is some hope. Toward the end of his tweet storm, he mentioned that when the middlemen are irrelevant, people will be able to have a global economy that is more efficient and frictionless. He has spent several years fighting for a more transparent society.

Throughout the 50 points mentioned on Twitter, Shervin Pishevar touches on challenges that are specific to politics and nationalism. He even mentioned some cultural trends. Besides the 6,000 point decline that he anticipates for the stock market, it appears that his concerns are broader than that.

Business, Business Leader, CEO, Entrepreneur, Investments

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.

http://www.zerohedge.com/news/2016-04-21/notorious-short-seller-raises-100-million-take-down-unknown-company