June 7, 2018
Bloomberg Comments on Kellogg’s Use of IOU’s
Beware food companies relying on their bookkeeping rather than their cooking to keep investors satisfied.
A number of food companies have recently been selling their IOUs to deal with the fact that their customers, namely giant retailers like Walmart Inc., are taking longer to pay. The sales bolster cash flows, but critics contend they can make the giant food companies’ finances look better than they truly are as they face increased business pressures. The financing charges can also make those sales less profitable.
November 15, 2018
Institutional Investor Magazine Profiles Eiad Asbahi
Institutional Investor Magazine sat down with our founder Eiad Asbahi for a wide ranging profile on the firm’s strategy, history and latest short idea, Kellogg….
April 16, 2021
Prescience Point Launches Proxy Fight at MiMedx
Prescience Point Capital Management, together with its affiliates (“Prescience Point”), a research-focused, catalyst-driven investment firm, announced today the nomination of four highly qualified director candidates…