Ever since Bayan Hill’s Matt Badiali introduced the concept of freedom checks to the world, there have been a lot of controversies surrounding the idea. In a popular commercial, Bayan Hill’s financial analyst Matt Badiali has been seen advertising a check which he calls the freedom check. In the vague commercial, he explains how that you can make huge amounts of money via that check. What most people do not understand is how exactly the money is earned so many have gone ahead to call it a scam.
What is a freedom checks ?
A freedom Check is a required cash payment that is made by publicly traded companies to its shareholders. What most people think is that Badiali came up with the whole thing; however, the truth is far from it. The freedom checks is based on a real investment strategy known as Master Limited Partnership which is common to very few investors. Matt only came up with the name.
How does the freedom check work?
In a Maters Limited Partnership, buying an investment means that you are acquiring a unit of the company. Therefore, when the company makes profits, a certain amount is given back to you as an investor. This may seem similar to any form of partnership but what stands out in this concept is that all Masters Limited Partnership company investors are exempted from taxation. This means that they enjoy all the benefits of regular partnership and in addition do not pay taxes on the money that they earn from this investment. The only instance that will warrant such an investor to pay tax is when they are selling their shares and the amount they pay is still very minimal compared to the other taxed investors. To many, this seems like a scam.
The idea of MLPs came from one of the presidents of the United States. In an attempt to encourage most investors to invest in the natural oil and oil industry, he exempted them from taxation. This is why most MLPs are in the natural gas and oil industries. The freedom check is the cash payment that these companies give their investors and can be cashed in banks or invested.
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Jim Larkin and Michael Lacey were tired of the behavior of the sheriff’s department of Maricopa County, Arizona. The two residents were given a front-row seat to the rampant abuses of power and blatant racism of sheriff Joe Arpaio and his deputies. Stories of racial profiling, illegal search and seizure, illegal arrests and violations of the civil and even human rights of those in sheriff’s custody were everywhere. And Larkin and Lacey heard them all in their roles as co-owners of the media outlet Village Voice. Read more: Lacey and Larkin Speak Out on Trump Pardon of Arpaio | Phoenix New Times and Jim Larkin | Crunchbase
So Jim Larkin and Michael Lacey used their best weapon to try and fight against these practices: They published news stories about it, recounting eyewitness reports and presenting what evidence they could uncover for the public to see.
It was Larkin and Lacey’s hope that these stories would get enough attention on the national level to force someone to do something about Arpaio. At first, they were experiencing limited success.
One person who did pay attention to the stories was sheriff Joe Arpaio. He wanted Larkin and Lacey silenced, which he thought would end the media scrutiny on him. It seems as if he was intent on arresting them, as he formed a Grand Jury in secret to investigate the two journalists, even though he had no evidence or even reasonable suspicion of any wrongdoing on their parts.
Larkin and Lacey uncovered the Grand Jury while reporting on Arpaio, though they did not discover that they themselves were its targets. They ran a story on the Grand Jury, adding it to the pile of Arpaio stories they published.
Arpaio saw his chance to pounce. Charging the two with obstructing said Grand Jury, Arpaio had Larkin and Lacey arrested on October 18th of 2007. Though he thought he had the two, Arpaio had just set the scene for his own downfall.
As Larkin and Lacey spent 24 days in Arpaio’s prisons, the nation began paying attention to his activities, both current and past. When Larkin and Lacey were set free when a judge declared the charges against them void, Arpaio was a household name and a face for discrimination against Latinos.
As Larkin and Lacey out their settlement money from the wrongful arrest to use in the form of the first amendment charity Frontera Fund, Arpaio has gone from sheriff to accused criminal to convicted criminal, but his sentence was overturned by President Donald Trump.
Sheldon Lavin and OSO Group relationship is an example of a long-life partnership with mutual benefit showing a lot of commitment and compassion. The entire life of OSI Group has benefited from the sound leadership skills of Sheldon, a man who saw it proper to donate his finances, brains, and experience for the good of the company.
Sheldon Lavin has always put his commitment to ensuring that the company maintains a sustainable food production. He has done this by incorporating the positive attributes technology in the ever-dynamic industry and accepting the challenges that come with it. OSI Group has continuously been the pacesetter in the food processing aspects of the industry, bringing to the market new products in the protein chain of foods that become the people’s favorite. Thanks to a leader who saw the need to employ endless creativity to remain at the forefront of the food industry.
Currently, OSI Group brags of being the incomparable and an enormous food producer globally. Its origin, traced from the time it began as a neighborhood butcher shop in the city of Chicago. Being a small but ambitious entity in the mid-1970s, it landed a deal with the McDonald’s Restaurant to supply fresh grounded beef. The agreement marks the turnover of events at OSI Group since their clients had many branches in the American Midwest States. The trade meant a lot to the OSI Group and brought the need to rise to the occasion of increasing the number of their products which eventually translated to more revenue for the company.
Sheldon Lavin did not rest despite signing a big deal with the McDonald’s. He instead adopted the new way of doing things and new technology to improve their service delivery and to reduce food wastages for the company. The initiative has seen to it that the company achieves the sustainability and environmental conservation goals of the company.
More About Lavin
Sheldon Lavin, the President of OSI International Foods Ltd, has seen the company grow since he participated in generating owner’s equity for Otto & Sons in the year 1970, a company that evolved to OSI Group. The long and impactful career has landed Sheldon Lavin several awards for his futuristic innovations in the food industry. The Awards include but not limited to the Global Visionary Award, the North American Meat Institute’s Environmental Award, the British Safety Council’s Globe of Honor, and the American Green Business Awards.
Aloha Construction is a family operated general contracting company. It was established in 2008. Their business services the entire Midwest region. With well over 150 employees it’s large array of services makes it the elite company in the home improvement industry. In 2007 Aloha Construction was acknowledged by the Better Business Bureau and was awarded the BBB Torch Award for Ethics.
Aloha Construction had a recent interview with Realty Times and elaborated on mistakes that homeowners commonly make. Some of these frequently occurring homeowner mishaps include neglecting gutters and drainage systems, not having their property inspected in regular intervals, and making upgrades and repairs to the interior of their home instead of the outside. They mentioned that when it comes to selling your home the exterior should be kept up and inspected thoroughly. Failing to do so can result in major damages to not only the outside of your house but the inside as well. As potential home buyers look at houses the first thing they notice is the exterior, so maintaining it is a great selling point. During spring of this year , Aloha Construction remodeled it’s first multi million dollar home. The house is located in North Barrington, Illinois. This renovation included kitchen, bath and basement work. They worked vigorously and communicated with the homeowners to get the project done ahead of schedule. CEO of Aloha Construction David A. Farbaky stated that “it was a privilege and a blessing to work on a property such as this”. He expressed how proud he was of his team for their diligent work. Aloha Construction offers a free home remodeling assessment. anywhere in their region. The company will also be sponsoring 162 radio broadcasted baseball games for the Chicago Cubs. In addition to performing elite services through their construction and remodeling, AC is known for sponsoring minor league and collegiate teams all over the state of Illinois. Their work in and out of homes throughout the Midwest illustrates their dedication to serve and provide efficient service. The rapport they build with their client base results in return customers as well as an abundance of referrals.
Jeunesse Global has been one of the most astonishing stories to have emerged from the global health and beauty industry over the last few years. The company was founded in 2009 by industry stalwarts Randy Ray and Wendy Lewis out of their Florida home’s garage. Now, just nine years later, the company has grown into one of the most powerful brands on the global scene, selling hundreds of millions of dollars in products each year to more than a million dedicated customers worldwide.
Ray and Lewis were only able to pull off this incredible growth by tapping into decades of experience in direct selling and product development. The couple had been involved in the North American direct-selling industry since they were in their 20s. For more than 40 years, Ray and Lewis had dedicated themselves to creating some of the top products that the industry had ever seen. And they were rewarded handsomely for it. By their early 30s, the couple had enough money that they would never have had to work another day in their lives. However, they continued creating great companies and fantastic products out of a passion for their life’s work.
With Jeunesse Global, they brought to bear every lesson that their long and successful careers had taught them. One of those lessons is the simple fact that great products virtually sell themselves. For this reason, Ray and Lewis spent a great deal of time, money and care developing products that would meet real market niches that had gone unanswered by some of the biggest names in the industry. This has resulted in one of the most innovative and original product lineups that any company in the health and beauty industry has ever been able to create.
One example is the company’s NV foundation and bronzer. The product has proven to be a smash hit with women worldwide. So smooth and beauty-enhancing is the foundation’s effect that it can often be used without makeup at all. But the real secret behind the enormous popularity of NV is the fact that it contains the APT-200 molecule, the secret age-fighting formula that has been developed exclusively for use in Jeunesse Products and that is clinically proven to shave years of a user’s appearance.
Stream Energy, the 14 year old Dallas, Texas based company known for its innovative recruitment of wireless, electricity, gas, home and protective services customers through direct selling, has created a philanthropic arm called Stream Cares. Since its founding in 2004, the company has consistently provided support for people and communities in need. This was particularly true in the aftermath of Hurricane Harvey. The company was deeply involved in a wide variety of efforts designed to help rebuild the community and provide food, clothing and shelter for the families displaced by the storm.
The creation of the Stream Cares Foundation will help the company to better be able to help individuals and communities in need. Currently, Stream Energy has long-term relationships with the Salvation Army, Habitat for Humanity, the Red Cross and several other social service organizations. The company has also been making a significant impact in helping the homeless population in Dallas, Texas and surrounding areas through their work with Hope Supply Company. For four years, Stream has been helping Hope Supply Company provide the homeless with school supplies, clothing, diapers and more.
Stream Energy has also worked in concert with Hope Supply Company at their Splash for Hope events to provide free admittance for over 1,000 homeless children to local water parks so they can have some fun. In addition to the work they do in communities throughout Texas, Steam Energy also provides support financially and otherwise to grassroots organizations and charities all across the country. A recent write-up on Patch explains that the company sees its role as more than a provider of affordably priced energy. They are also committed to making life better for people in the communities they serve by giving back.
When many people hear the name Stream Energy, innovative methods of direct-sales of high quality energy products is what comes to mind. With the creation of Stream Cares, more people will also begin to see the company as the caring entity it has long been. A company which places a high value on ensuring all its neighbors can enjoy a good quality of life.
The man who once led the impressive drive by Elon Musk to build the Hyperloop technology established by the SpaceX founder and now headed by the Virgin supremo Sir Richard Branson, Shervin Pishevar has recently detailed his belief in the failing of the U.S. economy. The experienced investor who led the rise of Uber spent much of his 21-hour Twitter storm detailing just why the U.S. economy is set for a nosedive it is unclear whether Pishevar feels it will recover from.
At the start of the Twitter rant, Shervin Pishevar set out why he feels the U.S. markets can expect a drop of around 6,000 points in the coming months and fall far behind China in the race for technological advancement. During the Twitter storm, Pishevar detailed the fact he felt the financial markets would be falling in the coming months because of a number of factors including the crumbling infrastructure of the nation.
A decline was a theme of the Twitter rant of Pishevar as he also stated his belief in the fact the days of Silicon Valley’s dominance were over due to the ongoing growth in technological advancement in other parts of the both the U.S. and the world. As an angel investor and entrepreneur, Shervin Pishevar understands the problems facing startups and tech companies from across the nation in the face of the five most powerful technology companies in the U.S. Pishevar believes the giants of Amazon, Apple, Alphabet, Facebook, and Microsoft have too much power and are responsible for the slow rate of growth recently seen in Silicon Valley.
There are many other problems facing the U.S. economy but Shervin Pishevar restated his belief in the success which can be achieved when visionaries willing to put the hard work in over the coming years. Pishevar reserved his praise for SpaceX founder Elon Musk and Virgin Hyperloop One owner, Sir Richard Branson who he believes are working in the face of the derision of their more traditional rivals.
Mired in Swamp
On April 24th, Sahm Adrangi issued another warning to investors, urging them to reconsider the current market valuation of one particular Floridian land development company, currently valued at around $1 billion. Adrangi’s Kerrisdale Capital, a private investment firm known for its critical reports on companies that it is shorting, released a negative report on The St. Joe Company (NYSE: JOE), a real-estate company specializing in retail centers, residential communities, mixed-use, and industrial projects.
Challenging the company’s promise to transform 400k square feet of wasteland swamps into a destination for retirees, Sahm Adrangi points to lack of any kind of observable progress desired by investors in the last 15 years. The firm asserts that they have found minimal activity that would indicate significant progress in the form of land reclamation or construction. In their full report, subtitled “Mired in Swamp,” Sahm Adrangi argues that the location in question is too remote to possibly make good on St. Joe’s promise to develop in a timely manner.
The Fairholme Fund
Furthermore, the forced liquidation and imminent demise of St. Joe’s largest investor does not bode well at all for shareholders. Bruce Berkowitz’s Fairholme Fund, is a company whose holdings in St. Joe were greatly affected by the SEC’s newly instituted rules regarding illiquid holdings. In short, the new rules, put in place earlier in the year, limit holdings to 15% of the company’s net assets. Sahm Adrangi estimates Fairholme to have over 27% of its shares in St. Joe alone. Therefore, the new SEC regulation will cause an inevitable drop in St. Joe’s total invested capital, and negatively affect the company’s already troubled promise to investors.
Kerrisdale’s full report can be found here.
Sahm Adrangi founded Kerrisdale Capital in 2009 as a leader in the soft activism investment strategy, assuming that much of a stock’s valuation rests in that company’s ability (or inability) to satisfy clients/investors in ways that are honest and relatively transparent.
Water is one of the most abundant components in life. Despite the world being made-up of at least 70 percent water, the human body is made-up of about 70 percent water. In most cases, a high-majority of today’s homes receives tap water. This tap water is generally free, but there can be some drawbacks to consuming it on a regular basis. Did you know that there are chemicals present in tap water? Yes, this is 100 percent true, and these chemicals are implemented to keep the water clean. On the other hand, these chemicals can cause harm for some people if the water is consistently consumed.
This is where Waiakea water comes into the frame, and it is revolutionizing the drinking experience. Waiakea is an Hawaiian brand of water that was founded back in 2012. One of the best attributes of this water is that it has a high pH-level. Water is generally rated on a pH scale from 0 to 14. The higher the pH, the more pristine the water is. When the water is pristine, it is in an alkaline state. In the real world, most bottled water brands tend to range just above a seven on the pH scale. Waiakea water ranks in at an 8.8. Yes, this sounds a bit technical, but it’s true. The brand’s Hawaiian Volcanic water is selling like hot cakes. Waiakea actually means broad waters. It also gets its name from the Mauna Loa Volcano in which the water drains down through 14,000 of porous rock. That’s right! Porous rock does an amazing job of filtration and purification.
Ryan Emmons, founder of the company, has taken bottled water to the next level. These water bottles are made from 100 percent recycled plastic and the company donates a weekly supply of water to the immediate area.
Louis Chenevert as the CEO UTC
Louis Chenevert was born and raised in Quebec, Canada. He successfully went through his education and earned his undergraduate degree in production management in HEC Montreal. On his graduation, Louis Chenevert spent 14 years of his early career days as a worker at St. Therese Production General Motors. Later Louis joined Pratt and Whitney business unit, which is part of the larger United Technologies Corporation (UTC). His journey as the UTC president is indeed remarkable. He worked at the Pratt & Whitney unit for six years, and his outstanding contributions saw him elected as the president of the division in 1999. Seven years later, due to exceptional service as the CEO of the Pratt & Whitney division, Louis was elected as the president and CEO of the entire United Technologies Corporation (UTC).
Stewardship for the United UTC involves committing to investing mostly in the advanced technologies and people. Once he was elected to lead the corporation, Louis made his commitment to using his knowledge and seasoned experience to drive the company’s agenda. He vowed to elevate the company to a higher level. Such initiative should be the driving force of any person who assumes leadership of any organization. Louis often emphasized on the need of investing in the right technology and the right people. The combination of the two would take the company far.
To live by his principle, as the CEO of the UTC, Louis made much commitment in investing to people through his support to Employee Scholar Program. The program covers the employees who are interested in pursuing various educational courses. The program has seen a significant number of employees in UTC attain degrees in different fields. Louis Chenevert appreciated that the cost of investing in the program was worthy cost. His forward thinking as the CEO of the company has been of influence in furthering the organization’s vision. He is also an inspiration to many including his successor Gregory Hayes. He helped the company become a global investor with many investments across the world. Indeed, it is impossible to discuss any legacy of UTC without mentioning Louis Chenevert.