According to a research done by Kerrisdale’s CIO Sahm Adrangi, Eastman Kodak Company is a one hundred thirty-eight year old imaging and printing company whose stock increased two-fold or more ever since a blockchain and cryptocurrency partnership licensing has been announced. Kodak gave permission to have its brand be licensed in connection to a blockchain project that created more than $300 million. Prior to the licensing announcement, the Board members provided themselves with shares, and hired a promoter who has a bad history in public relations together with a team of Germans who pretended to be blockchain platform managers. Visit Crunchbase to know more about Sahm Adrangi.
While innovative in every sense Sahm Adrangi maintains that cryptocurrencies and blockchains have the ability to unsettle more than one industry, and utilizing KODAKOne media right licensing will not be a part of that. Using a blockchain in the operation of a copyright image platform will not realize anything. KODAKOne will be using a crypto-asset and smart contracts to resolve the issue on copyright violation.
Decoding and coding an image within a blockchain does not demonstrate the origin of having intellectual ownership. A blockchain does no minimize the sources needed for copyright violation. A photographer would preferred to be paid in KODAKCoins that real money. KODAKOne is at its best a declining company with muted efforts to pursue the ICO or initial coin offering fashion trend. To this point it is considered a PR initiated stunt that offers a distraction, which will eventually pass when the company issues its financial earning reports that would inform stakeholders of its true financially troubled situation. More details on Sahm Adrangi at valuewalk.com.
Sahm Adrangi is the Chief Investment Officer of Kerrisdale Capital Management, and has been hand-on in the various facets of development of the company ever since it was founded in 2009. At its initial launch the company has a little under $1 million in capital asset, and as of 2017 the company is managing $150 million assets.
Sahm Adrangi is popular for research publishing and short selling where he imparts his company’s opinion and take on stocks that are overhyped short and under-followed long, which are often misunderstood by the public. Kerisdale publishes its investigation on relevant third party investing websites, on Twitter and on its own website.