|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.
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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.
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