OPSkins is worldwide computer-generated gaming where Malcolm CasSelle is the Chief Information Officer. The inventors of OPSkins are to unveil a block chain program named WAX; Worldwide Asset exchange. Which is an online shop that enables individuals to exchange simulated products through block chain and distribution agreements that will allow well-organised trading relations? WAX unscrambles the problem of disintegration and deception using a widget that enables the purchase of virtual products without logging off the game. Wax has tokens that allow gamer to buy items in the game, and as online agreements that facilitate the purchase, selling, renting and exchange of goods. Malcolm says that the gaming sector will kindle the cryptocurrency world to the mainstream.
Malcolm CasSelle has a Computer Science degree from MIT and pursued masters in Stanford University. He is well conversant in both Japanese and Mandarin. Presently Malcolm CasSelle is the President of WAX and former President and Chief Technology Officer at New Ventures in tronc, formerly Tribune Publishing supervising the spontaneous growth of assets. Before that, he was the CEO of Timeline Labs which offers solutions founded on social signalling. Acting as the CEO of Media Pass which comes up with subscription-based taxes for technological content.
Malcolm casSelle also invested in companies like Zynga and Facebook. As a director of Capital Union Investments, he supervised direct private investments. He later became a top senior in Groupon’s joint business with Chinese gaming company Tencent. Earlier he was involved in the pioneering of the digital industry and Media pass a digital solution to big companies, he also led to the pioneering of Xfire and was named CEO which is social gaming network worth 22 million dollars. Since 1998-2002 he worked as the Vice President and a consultant to the Chief Executive Officer of Pacific Century CyberWorks; PCCW. He was also among the forefathers of PCCW, which is a public company in Hong Kong worth more than 35 billion dollars. Through Malcolm’s work, PCCW generated billions in their public offerings and more millions for other private dealings he shows how he is connected.
Eastman Kodak Company is a commercial printing as well as imaging firm. Recently, the management claimed that it has been making progress regarding heightening the amount of stock. Kodak Eastman registered low sales in 2017. In fact, the sales were low to the point of hitting the average $3 from the usual $37.73 that it made in 2013. Surprisingly, Kodak announced that it had found a solution to their financial situation. The company was optimistic that this new strategy would stop the sliding sales. So, in 2018, Kodak announced a new business venture, the blockchain/crypto space.
The Business Plan
According to the business plan, Kodak was planning to create a blockchain platform to facilitate image licensing and photo-centric cryptocurrency. Consequently, Kodak partnered with WENN Digital early in the year. After the partnership, Kodak announced that its shares and revenues had gone up by 400%. In reality, the accurate figures were from the lows of $3.05 to the highs of $5.85.
How Viable was the Partnership?
Sahm Adrangi, the head cheerleader of Kerrisdale Capital Management issued a negated report regarding Kodak’s claimed victory. According to Adrangi, it is highly unlikely to come across such a case in any industry. This is because the team in charge of the cryptocurrency business launched by Kodak lacked credibility. In fact, to be more accurate about the negated report, Kerrisdale Capital joined Kodak by taking a short position.
During Kerrisdale Capital’s stay at Kodak, the company garnered sufficient evidence to warrant the writing of a negative report about Kodak and its cryptocurrency business. Sahm Adrangi stated in the same release that the announcement by Kodak is a plan to ride on the blockchain business as most investors are persuaded that it is the way forward in industry.
Sahm Adrangi first made his way to the public business platform when he blew the whistle on some of China’s largest firms. Apparently, the firms were operating illegally. Among the companies were China-Biotics, China Marine Foods, and Lihua International. Other targets included China Education Alliance and ChinaCast Education. Until now, Sahm Adrangi has committed himself to exposing companies that operate illegally.
Glen Wakeman is a entrepreneur, mentor, investor, writer, and a global business executive. He has been with GE Capital for 20 years taking a leadership role in integrations, new market entry, start-ups for businesses and more. Currently, Glen Wakeman is the Co-founder and CEO of a firm named LaunchPad Holdings, LLC (http://www.glenwakeman.com/about-glen-wakeman/). One of the most effective ways Glen has been able to have such a good reputation with the corporations he partners with, is Giving his advice on how they should go about their strategy, handle their global affairs, and how to raise their capital.
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