Sahm Adrangi realized some negative red flags concerning Eastman Kodak. He narrates that, the company issues mainly affects Kodakcoin and Kodakone. To begin with, Sahm Adrangi insists that Kodakone is affected by flawed and poor management from the WENN Digital Inc. He seems to lack trust to the company hence suspecting the management’s services offered by the company.
The company has a history of poor management and inferior tactics of tracking records. He suspects the company of having a poor background. Also, he expresses his complaints about the Appcoin ways of innovation. He complains that the Appcoin works hand in hand with the firm which seems to have suspicious past.
Followup to my last tweet —
— Sahm Adrangi (@SahmAdrangi) May 16, 2018
Sahm Adrangi expresses the problem to have occurred from the member’s board of management. The members tend to restrict themselves from the stock of Kodakone just before it was introduced into the market. He considers it as illegal hence it may bring into rigorous board investigations. The investigations by the SEC are in one word called insider trading.
According to Sahm Adrangi, Kodak’s has got different partnerships although it experiences declined revenues, risks and negative profits. The company has shown its attempt to operate at the profit side although the efforts have not beard any fruit. He is afraid that the company may be affected in future as well as the other companies too.
Eastman Kodak hoped that the step they took of releasing a blockchain would help in recovering from the revenue they had lost. The company experiences high stock without customers to purchase them. The company’s attempt to chase after ICO may bear no fruits hence it may be closed later on.
Sahm Adrangis held a conference to express their dissatisfaction with the poor management of the company. He said that the matter should be taken with a lot of seriousness for the company to be revived. The conference was to bring in new ideas of how the company should adopt new methods in sectors of management.
The reluctant board members were forced to attend the meeting because they were the leading cause of the company’s deterioration. Sahm Adrangi addressed the audience on management planning and business management tactics.