|By PR Newswire||
|September 19, 2013 08:45 AM EDT||
CORAL SPRINGS, Florida, September 19, 2013 /PRNewswire/ --
FinancialNewsMedia.com reports on today's leaders in the Technology sector: NXT-ID, Inc., (OTCQB: NXTD), Apple, Inc. (NASDAQ: AAPL) , Yahoo! Inc. (NASDAQ: YHOO), Lions Gate Entertainment Corp. (NYSE: LGF) and Berkshire Hathaway (NYSE: BRK.B).
FN Media Group (FNM) is pleased to publish an interview with Rhode Island investor, businessman and award winning movie producer Chad A. Verdi . Mr. Verdi discusses his recent investment in biometric mobile security company NXT-ID, Inc.'s ( NXTD) as well as Apple (AAPL) , Yahoo (YHOO), Lions Gate Entertainment Corp. ( LGF) and Berkshire Hathaway (BRK.B). FN Media Group talks to Mr. Verdi about his investment strategy and what compels him to bet on a company.
Chad your primary business role over the last several years has been as a movie producer and a businessman in diverse sectors. As a self- made entrepreneur what do you look for in the public companies you invest in?
A: Chad A. Verdi
I look for companies that are undervalued and that have most if not all their R&D spending behind them. I want them ready to enter the market place at full speed.
You obviously have a range of small to large companies you invest in - is there a common theme or factor?
A: Chad A. Verdi
Yes, the huge upside potential is always what I am looking for.
Do you still have faith in Apple (AAPL) without Steve Jobs at the helm?
A: Chad A. Verdi
Yes, Apple is a leader today in mobile unites and it will lead this market for decades to come. Also, they have 150 billion in cash, that's never hurts.
You recently invested in a mobile security /biometric company, NXT-ID, Inc. (NXTD) becoming its largest shareholder. What did you see at an early stage to compel you to take the risk? And what was your due diligence process?
A: Chad A. Verdi
I feel I am very good at being able to look outside the box, seeing things others can't or are over looking. When you can achieve that, the sky is the limit on what your maximum potential in an investment can be. In the case of NXTD, they have the products in a space that I feel has huge potential. Mobile security is what everyone is talking about now; it's a very hot sector. Their 3D facial recognition is leading edge technology. Their first product, the Wocket, they are launching this fall, sets the stage for the roll- out of their Mobile suite of products. Just like my other investments in Apple (AAPL) and Yahoo (YHOO), they were first and leaders in their respective markets and being first pays off big time!
What's next on the horizon for your investment and entertainment business front ? For a relatively new company in the entertainment industry, you have attracted some very impressive names and talent to your team. I just read that you signed Oscar winners Martin Scorsese, Bruce Cohen along with Ben Younger and Emma Tillinger Koskoff, to your next project (Bleed for This). How excited are you about working with them and how did all of this come about?
A: Chad A. Verdi
I am extremely excited about the caliber of talent attached to our next project. This film is the reason my wife Michelle, (head of music and talent) and I got involved in this business. Having Ben, Martin, Bruce, and Emma involved elevates this project to a whole new level. It all started with the great script Ben wrote, the writer/director and the leader of our team. He is a true gem. In regards to the business place, it's all about Nxt-Id for now. I see this as a huge win for me and my family.
Bio for Chad A. Verdi:
Mr. Verdi is an Entrepreneur that at the early age of 18 years old Mr. Verdi acquired his first business, a RI television listing newspaper called TV Facts that is still in publication today. By the age of 21 Verdi acquired several other businesses in the food service sector throughout RI. By age 30, Verdi owned, co-owned or had investments in over a dozen businesses that ranged from food and toy manufacturing to restaurants and hi-tech developments in the biotechnology field. Over the last 13 years, Mr. Verdi has been involved in over 750 million dollars in business mergers, reverse mergers, start-ups and acquisitions and currently owns, co-owns or has investments in more than two dozen businesses in diversified industries with more than 500 local employees and sales of more than $100 million nationwide. He also holds a large real estate portfolio that includes the 175-year-old former United Methodist Church in East Greenwich where the constitution of RI was adopted. View the full company profile for Verdi Corrente Productions (VCP): http://www.investorideas.com/CO/VCP/
About the Verdi Productions and Woodhaven Production Company:
Both Verdi Productions and The Woodhaven Production Company are fully funded film production companies, covering all aspects of filmmaking from conception of script through postproduction.http://www.woodhavenfilms.com/, http://www.verdifilms.com/
Apple Inc., (AAPL) together with subsidiaries, designs, manufactures, and markets mobile communication and media devices, personal computing products, and portable digital music players worldwide. Apple announced this week that iPhone® 5s, the most forward-thinking smartphone in the world and iPhone 5c, the most colorful iPhone yet, will be available to customers on Friday, September 20 at 8:00 a.m. local time at Apple retail stores and at 12:01 a.m. PDT at the Apple Online Store (http://www.apple.com).
Yahoo! Inc., (YHOO) a technology company, provides search, content, and communication tools on the Web and on mobile devices worldwide. It operates Yahoo.com that offers Yahoo! Search, which provides users with a free search capability; Yahoo! News that provides news via text, photos, and video; and Yahoo! Sports, which offers fantasy sports, editorial reporting, real-time scores, statistics and breaking news, and global sports events and premium college sports coverage. YHOO closed up slightly on Wednesday (09/18/2013) at $26.33 on 14.9Million shares traded.
Lions Gate Entertainment Corp. (NYSE: LGF) is a leading global entertainment company with a strong and diversified presence in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, new channel platforms and international distribution and sales. Lionsgate currently has 30 television shows on 20 different networks spanning its primetime production, distribution and syndication businesses, including such critically-acclaimed hits as the multiple Emmy Award-winning Mad Men and Nurse Jackie, the comedy Anger Management, the network series Nashville, the syndication success The Wendy Williams Show and the critically-acclaimed new series Orange Is The New Black. LGF closed down slightly on Wednesday (09/18/2013) at $36.28 on 1.87Million shares traded.
Berkshire Hathaway, Inc. (BRK.B) is a publicly owned investment manager. Through its subsidiaries, the firm primarily engages in the insurance and reinsurance of property and casualty risks business. BRK-B closed up slightly on Wednesday (09/18/2013) at $116.70 on 4.8Million shares traded.
FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services. If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com/. Follow us on Facebook: http://www.facebook.com/financialnewsmedia and Twitter: http://twitter.com/FNMgroup. Sign up for our FREE SMS News alerts delivered directly to your mobile phone by texting the word PRESS to 545454. (SMS alerts are free, however data rates may apply, check your wireless plan for details.)
DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNMG is NOT affiliated in any manner with any company, entity or individual person mentioned herein. The opinions and views expressed in this release regarding investor strategies and thoughts are the opinions of Mr. Verdi and do not reflect the opinions or views of FN Media Group, LLC or the opinions or views of any other company, entity or individual person mentioned in this release. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.
FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.
SOURCE FN Media Group LLC
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, discussed why and how ReadyTalk diverted from healthy revenue and mor...
Dec. 9, 2016 06:15 PM EST Reads: 1,757
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
Dec. 9, 2016 05:30 PM EST Reads: 2,361
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lead...
Dec. 9, 2016 05:30 PM EST Reads: 419
"MathFreeOn.com is a line coding platform for engineers and scientists. When they want to solve an engineering problem and they have to use software - they have to pay a lot of money for licenses - but with MathFreeOn you don't have to pay a lot of money. Just go to our site and write the code and you can check the result right away," explained Simon Lee, CMO of MathFreeOn, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Cla...
Dec. 9, 2016 05:15 PM EST Reads: 371
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
Dec. 9, 2016 05:15 PM EST Reads: 1,882
The Internet of Things (IoT) promises to simplify and streamline our lives by automating routine tasks that distract us from our goals. This promise is based on the ubiquitous deployment of smart, connected devices that link everything from industrial control systems to automobiles to refrigerators. Unfortunately, comparatively few of the devices currently deployed have been developed with an eye toward security, and as the DDoS attacks of late October 2016 have demonstrated, this oversight can ...
Dec. 9, 2016 05:15 PM EST Reads: 1,456
In his session at 19th Cloud Expo, Claude Remillard, Principal Program Manager in Developer Division at Microsoft, contrasted how his team used config as code and immutable patterns for continuous delivery of microservices and apps to the cloud. He showed how the immutable patterns helps developers do away with most of the complexity of config as code-enabling scenarios such as rollback, zero downtime upgrades with far greater simplicity. He also demoed building immutable pipelines in the cloud ...
Dec. 9, 2016 05:00 PM EST Reads: 2,054
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
Dec. 9, 2016 04:45 PM EST Reads: 1,859
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Dec. 9, 2016 04:45 PM EST Reads: 1,288
In his session at Cloud Expo, Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, provideed economic scenarios that describe how the rapid adoption of software-defined everything including cloud services, SDDC and open networking will change GDP, industry growth, productivity and jobs. This session also included a drill down for several industries such as finance, social media, cloud service providers and pharmaceuticals.
Dec. 9, 2016 03:45 PM EST Reads: 581
"Dice has been around for the last 20 years. We have been helping tech professionals find new jobs and career opportunities," explained Manish Dixit, VP of Product and Engineering at Dice, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 9, 2016 03:30 PM EST Reads: 1,231
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Dec. 9, 2016 03:15 PM EST Reads: 978
"ReadyTalk is an audio and web video conferencing provider. We've really come to embrace WebRTC as the platform for our future of technology," explained Dan Cunningham, CTO of ReadyTalk, in this SYS-CON.tv interview at WebRTC Summit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 9, 2016 03:15 PM EST Reads: 861
Infrastructure is widely available, but who’s managing inbound/outbound traffic? Data is created, stored, and managed online – who is protecting it and how? In his session at 19th Cloud Expo, Jaeson Yoo, SVP of Business Development at Penta Security Systems Inc., discussed how to keep any and all infrastructure clean, safe, and efficient by monitoring and filtering all malicious HTTP/HTTPS traffic at the OSI Layer 7. Stop attacks and web intruders before they can enter your network.
Dec. 9, 2016 03:00 PM EST Reads: 383
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
Dec. 9, 2016 03:00 PM EST Reads: 2,012