Professor Elam

Luckin to Re List in USA After Being Expelled in 2020

Wed Jan 198 2022

hutzpah

 

 

 

 

 

hutz·​pah

variants: or hutzpa

less common spellings of chutzpah

: supreme self-confidence : nerve, gall It took a lot of chutzpah to stand up to him the way she did.

 

Luckin will re list in USA

Luckin fabricated $300 M in sales and was kicked off the NASD just two years ago.

 

Wanna invest, I am sure they have changed their spots!

Distrust Spreads Around the World

Tuesday Jan 8 2022

 

Social mood is not a crystal ball but can be important in seeing what is unfolding.

Negative mood is sweeping the world.

front page WSJ article today over  200 stocks including Disney and NFLX are down over  20%.

Heartland Group raises $122 M in Permian Basin Fraud Scheme

Monday Jan 17 2022

Heartland Group Ventures raised $122 M form 700 investors in a Perminan Basin Ponzi scheme.

The original complaint was filed in December, detailing how Heartland and its affiliates used five unregistered security offerings to fund projects they claimed would bolster existing wells or drill new ones in Texas. 

 

I am amazed that such investors would not hire an external CPA to check out the validity of such a venture before investing. I have made presentations on such schemes to SA IMA, CPA , IIA

 

 

 

 

Another Frack Sand Fraud

Monday Jan 17, 2022

Marco Sully Perez has been charged with a ponzi scheme to defraud veteran infestors.

Amazingly this is the same outline as Four Winds Logistics  which sent former State Senator Carlos Uresti to jail.

This scheme garnered $9.25 M for Sully.

 

Man of the Decade

Man of the Year Make that the Decade

He was dealt a weak hand. His country’s population is shrinking. There is no consumer economy only one natural resource for export. No one wants to live there. Did I mention the lousy weather?

But Vladimir Putin has managed to turn all this around. He has a warm water port in “Syria on the Mediterranean. He got Team Biden to approve the Nordstrom natural gas pipeline to Germany. PM Merkel closed the nuclear and coal plants giving Vlad a monopoly on German energy. He has massed 100,000 troops on the Ukraine border and Team Biden promises there will be no military action on our part. With Ukraine talks breaking down, he now threatens sending troops to Venezuela. Russians in the Western Hemisphere will be a first since the Cuban Missile Crisis.

And all of that has to be good for the price of natural gas and oil. Should any conflict occur, Russia will surely restrict EU energy supplies. He re-built the Russian Military while the US was frittering around in the Middle East. He is making laying claim to the Arctic. For these reasons he is our Man of the Decade in terms of achieving his goals while leaving the EU and USA off balance.

Last week we promised a test of the previous $84 high in crude prices and we are getting just that. Natural gas futures gapped up Wednesday to over $4.75. Then on Thursday dropped back to $14.27 filling that gap. Natural gas looks good to a new high of $5 or more. And if an actual conflict breaks out, higher prices are in store for the energy sector.

The DJIA has been hanging around 36,000 without much conviction. The NASD has dropped from the November high of 15,900 to 14,788. If it takes out the January low of 14,600 the bloom may well be off the tech sector.   Only 24% of NASD stocks are over their 50-day moving average. As previously noted breadth is in a state of collapse. Amazon has dropped 550 points since its November high.   Netflix has dropped from its November high of 700to 520.

Public dissatisfaction with Team Biden hit another new low in the low 30s for approval rating. This all looks more and more like the start of 1973 which led to a 50% drop in the markets.

And inflation is the highest in 40 years. New highs in energy prices can only goose that statistic higher. It is not 1981 the height of inflation. It is 1971, the start of inflation.

Watch Bob Prechter's Stocktop speech for Free

Thursday Jan  13 2022

This video sells for $99 in EWI's Store. You get it FREE with this coupon code: STOCKTOP. You need to simply enter the code once you click on the link below and join free Club EWI to watch.

Free, watch "A Stock Market Top for the Ages" with code STOCKTOP now >>

Sincerely,

 

SA IMA Jan 20

Wed Jan 21 2022

Hello!

 

The IMA San Antonio Chapter has our monthly chapter meeting in a hybrid format this coming Thursday, January 20^th, 2022 from 5:30 – 8:00 PM for in-person (6:00 – 8:00 PM for online only) (CDT). The in-person location is at the Old San Francisco Steakhouse.

 

2 CPE credits will be offered for individuals who are looking for it. We welcome any faculty, staff and students who would be interested in joining us for the meeting! Since it is the beginning of the year, it is a great time for students to make some great professional contacts to further their career and for us to help them understand how IMA (and the IMA San Antonio chapter) can benefit them.

 

The topics of the monthly meeting include:

6:00 – 7:00 PM

“Revenue Management Fundamentals” – Presented by Monte Swain

This presentation will have a technical focus.

 

AND

 

7:00 – 8:00 PM

“New Perspective on Compliance & Deterrence” – Presented by Lisa Lawler

This presentation will have a Personnel/Human Resources focus.

 

This is a great casual opportunity for students to come to a monthly meeting and meet our great members while enjoying dinner! The in-person meeting begins with networking from 5:30 – 6:00 PM. I have made great contacts from coming to the meeting a few minutes early!

 

Below are the two links for registration for this meeting:

Online only: https://sanantonio.imanet.org/events/simple-registration?CalendarEventKey=fdd0c3f3-def7-4533-bec0-0d4efe05f19d&CommunityKey=13131c07-8033-4888-802c-a39fd7e72fc9&Home=%2fevents%2frecentcommunityeventsdashboard

In-person only: https://sanantonio.imanet.org/events/eventdescription?CalendarEventKey=63b36bb6-28a0-486f-a3bd-9dc832f3626c&CommunityKey=13131c07-8033-4888-802c-a39fd7e72fc9&Home=%2fhome

 

We would love for you to come! Feel free to bring a friend or invite any faculty members and students you feel would benefit from the event. Please, let me know if you have any questions.

 

Thank you,

Addison Findley

VP of Campus Outreach – IMA San Antonio Chapter

Upcoming IMA Seminars

Tuesday Jan 11 2022

One probably needs to be a student member to attend, a bargain at  $39.

https://www.imanet.org/membership/types-of-membership?ssopc=1

Texas Regional Council

Dear IMA Member,

Please see below upcoming chapter webinars in your area. Click the links below for more information. Register today!

_______________________________________________________________________

Friday, January 14, 2022; 4:00 PM Pacific

Greater Seattle Chapter: Use your LinkedIn Profile to create your next opportunity

For more information and to register click here:

https://event.on24.com/wcc/r/3588988/21650B01D7DD23F3FF95AB277BBDC6E2

_______________________________________________________________________

Tuesday, January 18, 2022; 10:30 AM Pacific

Salt Lake Area: 2022 Tax Update

For more information and to register click here:

https://event.on24.com/wcc/r/3594470/185AADC2B373E1DB361419E78A2CE745

_______________________________________________________________________

Tuesday, January 18, 2022; 10:30 AM Pacific

Reno Area Chapter: Using social media marketing to increase revenues and in hiring excellent employees, 10 things to do, 10 things not to do.

For more information and to register click here:

https://event.on24.com/wcc/r/3583431/87921ED1475635202F02C1016792D025

_______________________________________________________________________

Wednesday, January 19, 2022; 5:30 PM Pacific

Redwood Empire: IMA Facilitator-Led Ethics Workshop: Slippery Slope of Greed

For more information and to register click here:

https://event.on24.com/wcc/r/3592895/CB41F424F347C857E54B858E03CC4FF2

_______________________________________________________________________

Tuesday, February 1, 2022; 6:00 PM Central

Dallas Fort Worth: Modern Day Financial Frauds & The Value of a CMA in a Not for Profit

For more information and to register click here:

https://event.on24.com/wcc/r/3542671/15FB073908C81B4032AE7CCDF94EF5E2

HOLT CAT Internship

Tuesday Jan 1 2022

 

Holt CAT is looking for an intern ASAP. This internship is PAID and is "long-term". If you are interested in applying, please send your resume to [email protected]. 

Covid Precautions via the Faculty Senate

Monday Jan 10, 2022

COVID-19 SYLLABUS ADDENDUM Everyone is strongly encouraged to get vaccinated and get vaccine boosters! It is the best way to prevent serious illness or death. While in the classroom everyone is strongly encouraged to wear a well-fitting mask!N95 and KN95 (NIOSH approved) masks offer the best protection from COVID-19 but even a surgical or cloth mask of at least three layers offer some protection. Wash and sanitize your hands regularly and always before attending class. Students should use the Jaguar App Self Wellness Screen to conduct a self-assessment each day before coming to campus to determine if they are exhibiting any signs or symptoms of COVID-19 or have been exposed to COVID-19. Information on times and location of testing can be found here: https://www.tamusa.edu/community-safety-together/testing-contact-tracing.htmlDo not come to class if you are having symptoms of COVID-19! Go get tested! Students should visit the on-campus testing facility to receive a COVID-19 test if they are exhibiting symptoms or have been exposed. If you have a positive COVID-19 test, symptoms, or a known exposurereport it through the COVID-19 reporting portal (https://www.tamusa.edu/community-safety-together/). After reporting through the portal the Dean of Students will contact your instructor and inform them that you will not be attending class. Your instructor may provide you with an accommodation (For example: prerecorded lecture, synchronous online link, extension of deadlines, or make up exams). Accommodations are available for students with a documented illness or those with symptoms awaiting test results. Do not return to class until cleared by the Dean of Students.