Archive: May 2018

Holmes Raises Money to Avoid Theranos Default by Fortress Investment Group

Elizabeth Holmes the Chief Executive Officer and Founder of Theranos Incorporated is attempting to raise capital from investors of in the company in order to stave off the potential default on their $65 million loans they acquired in December 2017 from Fortress Investment Group. Theranos is a research and development company seeking a cure for Zika virus and various other technologically efficient cures for various other diseases that are plaguing society. The company was having financial difficulty and slow resolutions in there research and development operations and needed financial backing in December 2017 that was accomplished by the loan from Fortress. However, this agreement requires them to maintain a threshold of $3 million in continuous liquidity for the loan to stay in effect. As of recently, Theranos has begun hovering around that $3 threshold and is on the verge of falling below that amount which will initiate a default on their $65 million loans with Fortress. As a result, Holmes has solicited her current investors at Theranos to invest more money within the company at a discounted rate that will translate into a significantly high return-on-investment once the Zika cure is formulated and approved.

Investors are extremely skeptical of potential positive results from the research and development and the strategic direction employed by Theranos leadership currently and are slow to provide the necessary resources to continue their hopes of a positive financial result. Fortress is evaluating the situation but they also have all of the cards stacked in their favor because no matter what happens with Theranos they have the opportunity to capitalize extremely heavily from the continued execution of the cure for Zika or the default of the loan and ultimate acquiring of the company that they can then sell off for an extremely lucrative profit margin. Fortress specializes in investing in companies such as Theranos where they can provide the necessary loan structuring to assist a company in their time of need and if the loan defaults they can acquire the company and reap the benefits from the sale of the assets. Fortress Investment Group provides the loan agreement for distressed companies such as Theranos and always receives profitable returns from the loan agreement.

Fortress Investment Group is continuing to provide the necessary leadership and guidance for the company even after the sale of Fortress Investment Group to SoftBank Group a global technology company that has begun investing in the alternative asset arena. Fortress Is still led by the extremely talented and respected Co-CEO partnership of Peter Briger and Wes Edens who are also two of the founders of Fortress Investment Group. Randall Nardone also provides high-level leadership for the organization and he was also one of the co-founders of the company in 1998. Fortress currently has more than $35 billion in assets under management and is continuing to thrive as a global investor in alternative asset categories that are distressed and underperforming. The distressed $65 million loan to Theranos is on the verge of default by Fortress if Elizabeth Holmes is unsuccessful in her efforts to raise money to continue her efforts to accomplish a cure for Zika and pay back the loan as agreed.

There Is Something You Can Always Do to Mentor Your Juniors

It is a thing of concern when it comes to giving back to the society and many people only think of providing monetary assistance to the less privileged, which is good or building a school in the community. But what if you don’t have all those resources of establishing such projects and foundations? Will you say you don’t have anything to give out? Absolutely no; everyone in this universe has something to give. Ronald Fowlkes is gladly giving back to the community through training youngsters as an off-ice trainer in St. Louis Blues Triple-A team. Besides being a trainer, he is responsible for the equipment used by the team. This gives him the opportunity of teaching the kids the essence of being responsible for anything they are entrusted with.

Having worked in the army specifically in Marine Special Ops, he is well equipped when it comes to matters of body fitness and physical training. This being a great chance of passing his expertise to the younger generation, Ronald Fowlkes does it with all joy and enthusiasm. Having been a graduate of Army Parachute School, he has been trained to be a tuff taskmaster and this has enabled him to easily identify the weakness and strength of his players. During these training sessions, he shares his personal story that makes the children feel a sense of care and build some trust in him. At this point, they ask questions which Ronald answers accurately knowing that he is molding a future in his answer.

Ronald Fowlkes does the mentoring when free and want to relax his mind. He serves at Eagle Industries Unlimited in the Business Development section since 2008. The company is well known for their quality supply of tactical gear products all over the United States and the entire globe. The suitability of Ronald to his position and company is his vast experience in tactical gears and in law enforcement. His great expertise gained during his days in the army has made the company grow to heights. Some of the tactical gears that the company deals with are armor carriers, pockets, harnesses, belts, pouches, and cases. Any insight or query in regard to the gears, Fowlkes is there to answer you.

Ronald Fowlkes has worked with various policemen of Midwestern City and he basically knows how they think and what intrigues them as well. One of the outstanding ability of this legend is his accuracy in his listening and communication skills that are unassailable for sure. His involvement with Eagle Industries Limited has brought enormous changes and transformations where he has been involved in conducting various employees training. He conducts very modernized and clear training which are not meant to overwhelm or become contradictory to his listeners. Fowlkes is explicit and thorough in his training because he loves his job.

 

Jeunesse Global helps people stay mentally sharp with M1nd mental energy drink

Jeunesse Global has continued to stun observers of the global health and beauty industry. Since its founding in 2009, the company has rocketed from a nonentity into one of the most important and rapidly growing companies in the sector. Its founders, Randy Ray and Wendy Lewis, had long been fixtures on the direct-marketing scene. But with Jeunesse Global, it seems they have outdone themselves, posting the single largest success of their careers.

Part of the incredible success behind Jeunesse has to do with Ray and Lewis’ philosophy of competing on the periphery. Since its inception, Jeunesse has only focused on exploiting niche markets that have largely been ignored by the largest players in the industry. In this way, the company has positioned itself in such a way that it has just now been able to start assaulting some of the biggest names in the world head on. Still, niche markets form the core part of its business strategy.

One example of this is the company’s M1nd mental energy drink. Many people use energy drinks like Red Bull to stay sharp throughout the workday, giving them the competitive edge they need to achieve their work and business goals. However, most of these drinks are crudely aimed at increasing overall energy when, in fact, the goal of users for drinking these beverages is primarily to enhance their mental performance.

Realizing this, Jeunesse asked why it wouldn’t be possible to create an energy drink that was directly aimed at improving cognition-related tasks. The answer has been the company’s mental energy drink, M1nd. M1nd is specially formulated by Jeunesse product engineers to mimic the effects of mental-enhancing stimulants. However, M1nd accomplishes this by using only all-natural ingredients. This makes the drink cheap, effective and safe, eliminating the risks associated with mental-performance-enhancing drugs.

M1nd is just one of the many innovative products that makes up the Jeunesse Global Youth Enhancement System. This is a package of products that helps users feel their best and youngest, delaying or even reversing the onset of many of the signs and symptoms of aging. Through products like these, Jeunesse Global is helping to create Generation Young.

https://www.directsellingnews.com/jeunesse-announces-sponsorship-of-turkish-football-club-galatasaray-sk/