RE:An Open Letter To Regulators On Concordia International Reta I see Cohodes is teaming up with Sam Antar another long time scammer who pretends to be an expert on fraud, why because he is conviced felon. Birds of a feather...
Antar attacked Interoil when I held it , it ran from $17 to $71 where I sold it, short sellers like Cohodes and Antar use a formula for attacking companies, this is just another step in the attack, it's all about creating FUD, fear , uncertainty and doubt. Bunch of losers and conviced felons usually backed by organizations that have money that needs to be cleaned , so to speak.
(Fortune Magazine) -- Sam E. Antar is a convicted felon, and he will not let anyone forget it for a minute. Whenever you find yourself starting to think of him as merely a fast-talking yet charming New York character, he'll come out with something like: "I had no remorse whatsoever as a criminal. I had no concern about any other human being. I enjoyed being a criminal."
Antar is a cousin of "Crazy Eddie" Antar, the eponymous founder of the notorious New York City-area consumer electronics chain of the '70s and '80s. The business was a forerunner of Best Buy and famous for TV spots featuring a manic, turtleneck-wearing pitchman promising that Crazy Eddie's "prices are insaaaane!"
Actually, it was the bookkeeping that was insane, and today it provides a cautionary tale that Sam Antar likes to tell, Ancient Mariner-style, to would-be stock pickers. When the company, which went public in 1984, blew up in a financial scandal in 1987, Sam Antar, an accountant, was its CFO. The debacle cost investors roughly $145 million and involved just about every kind of accounting fraud then known to man, including receipt skimming, money laundering, and the counting of bogus inventory.