Seeking Alpha

Arrow Hendrick

Arrow Hendrick
Send Message
View as an RSS Feed
View Arrow Hendrick's Comments BY TICKER:
Latest  |  Highest rated
  • Horizon Pharma ... Initial Notes!  [View instapost]
    Congrats... great work!
    Jul 28 12:11 PM | Likes Like |Link to Comment
  • 7 Questions For Plug Power Investors [View article]

    Are you Chris Marashlian?

    Or are you illegally using his picture to make yourself look more legitimate in pumping PLUG?
    Apr 14 01:21 PM | 2 Likes Like |Link to Comment
  • MannKind: Follow The Smart Money [View article]
    I have no opinion on MNKD but I'm guessing the funds that are short don't view the risk/reward proposition as "horrendous". Most likely as a result of some serious DD.
    Mar 11 10:40 AM | Likes Like |Link to Comment
  • TAL International Warning Signs Continue [View article]
    Thanks for the write-up.

    Any idea how much of the drop was due to fake exports is the past numbers that China is now cracking down on? It's been getting some press.

    Also, last year CAP changed the way they depreciated containers (extended their life) in order to give earnings a boost. Have you looked into how TAL/TGH/CAP depreciation policies vary company to company? Wondering who is the most aggressive in the group.
    Mar 11 10:31 AM | Likes Like |Link to Comment
  • Lucas Energy Appears To Be Turning The Corner, But Remain Cautious [View article]
    With all the talk of expense cutting it's interesting the board just decided to up their own salaries by 66% (from $3k to $5k per meeting):

    "Effective January 1, 2014, the Compensation Committee has approved the following cash compensation for the Board of Directors: (a) each member of the Board of Directors will be paid $5,000 per calendar quarter ($20,000 per year) for services to the Board of Directors"

    Each member also received another 50k options at $0.98.
    Jan 3 11:53 AM | Likes Like |Link to Comment
  • FAB Universal Media Kiosks: A Fundamental Misunderstanding? [View article]
    "On 11/19/13 FAB CEO Chris Spencer acknowledged receipt of an email from me that contained a copy of the bond prospectus, clearly showing that FAB's VIE subsidiary was the issuer. Even though Chris had evidence in hand that proved the bonds were issued, he nevertheless authorized a press release the following day containing a "vehement denial" of all the allegations."

    Totally unacceptable. Wonder what the independent investigators and ultimately the SEC are going to say about this fact.
    Dec 17 12:51 PM | 2 Likes Like |Link to Comment
  • FAB: Where Are Your Beijing Media Kiosks? [View article]
    Stock just printed at $2.00 in the after market today.
    Dec 16 04:32 PM | Likes Like |Link to Comment
  • FAB: Where Are Your Beijing Media Kiosks? [View article]
    "Clearly, publishing locations is not part of FAB's business plan."

    Sounds like a winning business plan to me. Drive customers to the kiosks by... hiding them!!!
    Dec 13 12:44 AM | 1 Like Like |Link to Comment
  • Why There's More Downside To Come For InterOil [View article]
    Excellent post Craig. Thank you!
    Dec 12 12:57 PM | Likes Like |Link to Comment
  • FAB: Where Are Your Beijing Media Kiosks? [View article]
    FAB's explanation on the kiosks is a joke.

    As stated in their filings under FAB franchise program: "the franchisor (FAB Culture) is responsible for the complete set-up of each FAB outlet from the location selection to construction or conversion, remodeling and equipment installation."

    So FAB itself was responsible for everything from location selection to construction to installation of the kiosks?!?!?!? Yet they can only verify that licenses have been sold?!?! Come on...
    Dec 11 09:58 AM | 1 Like Like |Link to Comment
  • FAB Universal: Management Caught Red-Handed Covering Up Piracy [View article]
    Great question. Odd things happen in this space. Here's one example regarding China Medical Technologies from Roddy Boyd:
    Nov 19 05:42 PM | Likes Like |Link to Comment
  • FAB Universal: The Face of Piracy In China [View article]
    Best of luck to you. I'd read carefully the S-1 linked to above starting with the sections:

    "The issuance of shares of common stock to the Selling Stockholder may significantly dilute existing shareholders...."

    Followed by:

    On September 9, 2013, we closed a Securities Purchase Agreement by which Alpha Capital Anstalt..."
    Nov 19 05:22 PM | 1 Like Like |Link to Comment
  • Lucas Energy Continues To Deteriorate [View article]
    Appreciate the update once again. Great analysis.
    Nov 19 12:28 PM | Likes Like |Link to Comment
  • FAB Universal: The Face of Piracy In China [View article]
    Also... FAB's relationship with penny stock "Future Healthcare of America" looks bizarre. (Ticker: FUTU... they love the FU ticker symbols!)

    "Founded on June 22, 2012, at its inception, Future Healthcare of America (“FHA”, the “Company,” “we,” or “us” and words of similar import), was a subsidiary of FAB Universal Corp., a Colorado corporation."
    Spencer, Busshaus, Polinsky, Denis Yevstifeyev, et all involved...

    Look at the debenture terms in the link above with selling shareholder Alpha Capital Anstalt/Konrad Ackermann... brutal.

    Not surprisingly the same fund/individual was involved with FAB's predecessor Wizzard:
    Nov 19 11:48 AM | 1 Like Like |Link to Comment
  • FAB Universal: The Face of Piracy In China [View article]
    Very surprised Jim Rogers joined this board.

    Quick search on FAB Universal's Director Doug Polinsky turns up info like this:

    "...Douglas M. Polinsky, previously served as CEO of a gambling-machine company that made headlines years ago because of its suspected ties to the Mob. "

    "As for Polinsky, he was once CEO of International Gaming Management, a publicly traded distributor of gambling machines. His father, Jerrold, controlled the company and in 1997 was charged with crimes, including fraud. Convicted of paying kickbacks to an Indian tribe, he served several years in prison."
    Nov 19 11:28 AM | 1 Like Like |Link to Comment