It’s clear to see that the Kodak company that we all remember from decades past is no longer the photography powerhouse said it once was. With flashy competitors entering the market such as GoPro it has been difficult for the struggling company define new income streams and stop the slow bleed out of cash that has been going on over the last few years. Despite some recent success, many prominent investors such as Sahm Adrangi believe wholly that there is little upside or potential future for Kodak, and the stock may be headed to zero.
Most notably, Sahm Adrangi has pointed out that Kodak has become the victim of cryptomania. Their recent partnership with WENN Digital came with the announcement of a new crypto-currency called “KodakCoin”. The intention of this coin was to establish proprietary Network for photographers to capitalize and trade there copyrighted photography with advertisers and other content purchasers. Baba stock initially tripled in price, the company has seen significant losses, returning the stock back to more modest levels.
Another reason Sahm Adrangi feels that the Cryptocurrency operation is ill-fated is the fact that so little money has been generated by prospective investors during the Initial Coin Offering (ICO). KodakCoin’s ICO had to be pushed back several weeks and still has less than 2 million dollars worth of initial backing. There is little reason to believe that this $2,000,000 investment can justify the subsequent $100 million+ dollar addition to the company’s market cap that had occurred after the announcement.
Finally, Sahm Adrangi notes that we haven’t even seen prototype software that KodakCoin will use. As mentioned before KodakCoin was intended to be more than a cryptocurrency alone, it was supposed to help photographers share and sell their work on a proprietary platform. To date there is no beta version of this software available, nor are there any notable content providers using the platform. Even if the platform is capable of doing what it promises, there are next to no users on the market, and therefore little value to be had by anyone.
As a result, there is little reason to invest in the company today.
In the world of news making and PR services it is important that the company you use “gets you” and understands what it takes to reach your audience. NewsWatch TV does this in an unique way because their show is tailored to meet the needs of an audience that is looking for consumer reports. Every product and service that is promoted on the NewsWatch TV channel is thoroughly vetted and expertly implemented with the consumer’s needs in mind.
The NewsWatch TV show hosted by Chris, Michelle and Andrew provide an entertaining yet informative look at the technology news and other tidbits. The NewsWatch TV website provides information on products and services through the Consumer Update tab. They also have a “HealthWatch” sub tab under the “Consumer Update” tab. It was on this sub tab that Avanca was able to promote a pocket PC for Ockel, their sister company.
Nathalie Van Wijkvliet, CMO of Avanca reports that their return on investment through the promotion of their product on NewsWatch TV increased exponentially far exceeding its production goals. She liked working with the team and the amazing support her company received during the production and implementation phases of the campaign.
The NewsWatch TV shows do offer technology companies opportunities to showcase their products on one of their segments. This exposure helps drive business by allowing demonstrations of the product or service to the public at large. Consumers have good choices to make in the AppWatch tab. The AppWatch tab provides information on applications for IOS and Android devices. They also can view game, social and utility applications.
NewsWatch TV was originally known as a financial advice show and focused on many financial issues in the 1990’s. The interest shifted slightly to include entertainment and technology news around 2011. The AppWatch tab was added in 2012.
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