Sahm Adrangi’ Negative Report on KodakOne

Sahm Adrangi Background, Education, Work history

Sam Andrangi was educated at Yale University, where he received a BA in Economics. He is the Founder and CEO of Kerrisdale Capital. Prior to his founding Kerrisdale Capital he was an analyst for Longacre Fund Management.

At Longacre Fund Management, Mr. Andrangi was an analyst. Prior to working at Longacre Mr. Andrangi worked in the restructuring group at Chanin Capital Partners; there he helped advise creditors in Chapter 11 restructuring.

At Deutsche Bank, where he was employed before Chanin Capital he worked in the leveraged finance group at Deutsche Bank. Sahm Adrangi’ founded company, Kerrisdale Capital, is an investment manager. Kerrisdale Capital, founded in 2009, manages long-term value investments.

Negative Reports on KodakOne and KodakCoin

KodakOne and KodaCoin are associated with Kodak Company. The Kodak Company (1888) NYSE: KODK is a publically traded company . WENN Digital and Kodak worked together to create the platform of KodakOne and KodakCoin, which was to become available to photographers in mid-2018. The KodakOne platform and its associated cryptocurrency KodakCoin, is a blockchain technology used to secure the rights of Photographers intellectual property.

Negative Reports of Sahm Adrangi

The CEO of WENN Digital, Jan Denecke, worked in partnership with Kodak to establish a new digital rights platform which would represent the ownership of photographers works. WENN digital already has a user base of some a quarter million users under its digital key. By establishing KodakCoin, KodakOne and WENN partnership hope to bring about a system of licensing the rights of photographers works which have yet to be securely licensed.

Sahm Adrangi gives negative reports about the Kodak-WENN partnershiip and the KodakOne platform, which produces KodakCoin cryptocurrency.

Accusations of Mr. Adrangi

KodakOne-flawed management

WENN Digital-poor track record

AppCoin Innovtions- has a shady past

Kodak- “insider trading” on KodakOne

Big Problem?

Sahm Adrangi is reported to have said Kodak board members performed “insider trading” the day before the launch of KodakOne platform. Sahm Adrangi sent up an alarm suggesting Kodak be investigated by the SEC. Others besides Adragni have raised questions regarding KodakCoin ICO.

http://www.futuresmag.com/author/sahm-adrangi%E2%80%8B