Saturday, August 17, 2019

Loonshots

Great innovations often come from small groups of people tinkering away at great personal risk. Once such great innovations are harnessed, however, the ability to continue to generate innovations seems to wither. In Loonshots: How to Nurture the Crazy Ideas That Win Wars, Cure Diseases, and Transform Industries, biotech executive Safi Bahcall discusses how organizations can maintain both the ability to strengthen it's existing businesses, while still driving innovations that will become its existing business in the future.

Thursday, August 8, 2019

Birchcliff Energy With A Really Jerky Move

Birchcliff Energy held its annual meeting on May 16th, with shareholders set to vote on four items. But on the day of the meeting, only three of the four items were actually voted on, and the meeting was postponed by a week "in order to allow as many shareholders as possible to review and consider the Performance Warrant Resolution". In other words, the vote was not going management's way, so it gave itself time to drum up votes and get it over the hump.

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