Kerrisdale Capital Releases Negative Report on Proteostasis Therapeutics, Inc.

Sahm Adrangi’s company, Kerrisdale Capital, released a unfavorable report on some of the recent findings of the Proteostasis Therapeutics, Inc. company. Proteostasis Therapeutics, Inc. (PTI) is a biopharmaceutical company that works to develop new drugs and test them clinically. PTI’s lead drug in development is called PTI-428. This drug is intended to treat the effects of cystic fibrosis by boosting the messenger RNA and proteins to the CFTR gene that is believed to cause these debilitating effects, effects which are eventually fatal.

In December, PTI released results from a trial that seemed to show the drug was working. The stock market responded to these findings with approximately a 100% jump in the company’s stock prices. The FDA even granted the drug a “breakthrough therapy” designation based on the report. Sahm Adrangi’s firm decided to take a closer look at the results of the trial. The trial seemed to show the effectiveness of the drug when it compared the test group and a placebo/control group. The report released by Sahm Adrangi’s firm, Kerrisdale Capital, said that the the test group didn’t exactly do unusually well, but that rather the control group under-performed. When compared to proper benchmarks, the drug actually had little to no effect. The unbalanced report issued by PTI is Phase 2 of testing. Their Phase 1 report showed much the same that Kerrisdale Capital found: no statistically-proven improvement.

Sahm Adrangi founded Kerrisdale Capital in 2009 and remains its Chief Financial Officer. In the past, his firm has exposed fraudulent findings from several Chinese medical companies. Sahm Adrangi’s reports have to lead to those companies receiving enforcement actions from the Securities and Exchange Commission.

Sahm Adrangi’s report concerning PTI said the company had “little value” and that there was a 70% – 90% downside to purchasing their stock. As seen with other companies in the past, PTI may become subject to enforcement and loss of stock value due to Kerrisdale Capital taking a second look.

https://seekingalpha.com/article/4052332-conversation-former-hedge-fund-analyst-long-shares-gnc

Talk Fusion to Fuse Technology with Marketing

On March 2016, Talk Fusion launched the full version of their Talk Fusion Video Chat app. The app uses WebRTC technology to enable users to communicate face-to-face from anywhere and can be downloaded from iTunes and Google Play Stores. The communication platform revolutionized cross-communication since it is compatible with several devices including desktops, smartphones, and tablet.

 

 

Communications Solutions Product of the Year Awards

 

 

Five months after the full version was launched, the Video Chat app was awarded the 2016 communications solutions products award. The award, which is presented by the Technology Marketing Corporation, is given as an honor to exceptional products and services in the communications industry. To be given the award, the product or service either must be new in the market and doing exceptionally well or have improved in terms of performance within the last twelve months.

 

 

The award was the second in a row Talk Fusion was receiving in 2016. TMC CEO Rich Tehrani acknowledged the good work Talk Fusion was doing and mentioned that the video chat app was the best in the market. Talk Fusion founder and CEO Bob Reina said the communications company was just getting started. He promised that the IT team would continue working hard and always stay ahead of the curve to provide All-in-One Video Marketing Solution.

 

 

The company’s Chief Technical Officer, Ryan Page, on the other hand, said the award was an indication of the effort Talk Fusion team was putting in their work. He also said the award signified the importance of their processes and that is how they managed to come up with an efficient application.

 

 

Other Achievements

 

 

Within a span of one year, the company also managed to introduce their free trial WebRTC Recorder and launched their new website.

 

 

About Talk Fusion

 

 

Talk Fusion was founded by Bob Reina in 2007 and it became the first ever all-in-one Video Marketing Solution in the world. The company deals with the provision of marketing solutions to businesses by offering dynamic ways that make the entire marketing process easy.

 

 

By using video chats, Talk Fusion helps their customers make the marketing experience become memorable, more engaging and persuasive. The company operates in over 140 countries. If you wish to join their Video Marketing Solution, you are given a 30-day free trial with no credit card requirements.

 

 

Highland Capital

Management: Choosing A Renowned Investment Advisory Firm

 

Highland Capital Management is a reliable investment advisory firm that provides superior services to both new and current clients around the nation. This trusted firm has been meeting the needs of their clients and is well known in the industry.

 

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Investment planning or management can be difficult to understand sometimes, and it is the responsibility of the money management or investment advisor to explain it to the client.

 

Highland Capital Management comes recommended in the industry due to their outstanding investment management and financial services. The company has been in business since 1987 and is well recognized as one of the leading investment advisory firms in the industry.

 

Handling your investment matters is not something to be taken lightly. It requires a team of experienced professionals who has great expertise and knowledge in all aspects of the investment field. Experts can render the advice and guidance you need to choose the right investment options and to manage your investment portfolio or grow your existing portfolio of investments.

 

Before deciding on a team to handle or advise you on investment or money management, it is extremely important to do your home work. When it comes to financial planning, money management or investments, it is imperative that you consult Highland Capital Management.

 

The team at Highland Capital Management will discuss with you, evaluate your situation, and then come up with the right options or choices for you. Highland Capital takes pride that numerous organizations, professionals, business owners and high-profile clients rely on them to provide them with top notch investment and financial advisory services. Their clients are happy with the quality of investment and money management services the company provides.

 

Clients turn to Highland Capital Management and their professionals to render the advice and guidance they need to meet their investment and financial goals. At Highland Capital, professionals take the time to develop the right investment plan or strategy for their clients’ situation.