What to watch out for when investing in blockchain companies

Is no secret that blockchain technologies have completely changed computing and finance as we know it. There are a myriad of applications and potential companies all looking to break into this new frontier of business. While many successful Ventures have come about, others leave much to be desired. It’s important to differentiate between genuine opportunities and companies that are crypto in name only.

Recently, Eastman Kodak of photo and image fame announced new partnereships and ventures into blockchain and crypto technologies. After the company reported KODAKOne and KodakCoin, the company’s stock price shot up more than 180% in a very short period of time, indicating a very healthy amount of optimism for the company and these new ventures.

Unfortunately there are many warning signs that indicate this is too good to be true. Sahm Adrangi, it’s on manager of over 150 million dollars in investments warns investors against the company, insisting that there is very little value added, and even more suspicious circumstances surrounding both Kodak as well as the new partner companies.

Sahm Adrangi was quick to point out the dubious partner companies that were involved in this process. While people recognize Kodak as a brand name that they trust and remember, it’s important to note these technologies are not being developed by them. WENN Digital Inc. is the outside developer of KodakOne, and has little history as a company or as a partner. In addition, Sahm Adrangi highlights the fact that KodakCoin is not an in-house Kodak developed technology but instead is created by AppCoin Innovations Inc, a recent company with no real history.

In addition, the board of directors at Kodak work right to give themselves restricted stock just one day before this was announced. This has very suspicious implications and can put the company at risk of SEC investigation regarding just how valid the claims and actions of the board have been.

Altogether, Sahm Adrangi it’s a clear picture of what seems to be going on. The are startup companies with potential technologies but no clout in the marketplace. There is no strategic value to this partnership, and Kodak is simply being used for its good name. Anyone investing in Eastman Kodak for because of KodakCoin may as well invest in any other unaffiliated high-risk startup in order to reap a greater potential benefit.


Brad Reifler Gives His Thoughts On Why Everyone Can Be Involved In Successful Investment

Showing deeper commitment to the ordinary investor, Brad decided to do a breakdown of the film; The Money Monster. He explained about the similarities between real life investors, and the movie. Brad showed how dangerous and arduous markets might turn out to be for investors who are not prepared for possible pitfalls.

As any investor will wish to minimize the losses, learning ways to avoid common pitfalls comes with a price. Having knowledge of proven investing principles would make a difference between suffering repetitive losses and gaining substantial profits. Brad, who is the founder and Chief Executive Officer of the Forefront Capital, is well conversant with the two sides of investing market. There is the one percent of investors that possess government authorized capital to invest in commodity funds, hedge funds, and public funds; and the government restrains the other 99 percent of the public with no such wealth and against investing directly into the same funds.

Recently in an article published by Reuters, Brad shared his thoughts on investing for most Americans. His ideas can put the common population on its way to being successful investors. Brad’s advice may be summarized in the following ways:

  • Consider the security of your money as a mainstream factor and avoid investing all of it in stock markets.
  • Getting to know who will be managing your funds is important so that you can gain trust in him or her.
  • Know the reason you are investing and lay down your objectives. If a certain investment turns out successful, keep on adding funds into it.

About Brad Reifler

Brad is the CEO of Forefront Capital and Forefront Advisory. His experience of over 30 years makes him qualified to provide guidance in the field of commodities and forex markets. Reifler attended Bowdoin College and graduated with a degree in Economics and Political Science. In 1982, after graduating, he established his first firm, Reifler Trading Corporation. The firm specialized in international derivatives and became so successful that Refco bought it.

Brad speaks extensively on how everyone can be involved in the investment world. He keeps being an outspoken community member whenever it comes to helping people find, and identify new and unique ways through which they can plan for their future and find financial freedom.