Apollo 11 Anniversary
NASA’s mission to put
a man on the moon began 50 years ago today, with the launch of Apollo 11. The
moon landing occurred four days later, on July 20, 2019. If you want to relive
your memories or share the experience with anyone too young to remember, here
is a link to the entire
mission in real time.
The moon landing effort led to many innovations. Now that more
nations, as well as private companies, are active in space exploration, we’re
wondering what happens when crimes are committed in space.
Valuation in the News
It isn’t every day that the importance of valuation principles
makes the news, but a real life story is unfolding in Oklahoma that illustrates
the issue of discounts that minority interest owners face on a daily basis. The
owner of a 22% share of the Oklahoma Thunder, an NBA
team, died in a 2016 car crash. The estate is now preparing to sell that
minority interest. The team’s current valuation is $1.5 billion. However, the
recent trade of Russell
Westbrook may change that figure.
If you need assistance in determining the discounts
applicable to a minority holding, Asterion’s valuation experts can help.
When a fraud has occurred, what will you do?
Fraud continues to be a source of losses for individuals and companies. Whether a loss may be caused by persons inside a company, through an alleged scheme to defraud investors or financial institutions, or through alleged deceitful practices by a party to a contract, the financial impact is always costly.
If you or your company suspects your losses may be due to fraud, you may want to contact the certified fraud examiners at Asterion for assistance.
FYI
Amazon liability
can be extended to include defects in products sold by third party vendors.
Trends We’re Watching
Tech collisions with medical privacy.
Google and Square are facing class
actions over mishandling of medical data.
On
the Lighter Side: Just Dessert
Cake can serve as a form of protest; however, you
cannot eat your cake at Walmart unless you pay for it.
What’s Puzzling Us
Shouldn’t Simba’s mom be running the pride?
The Thread Recommends: Listening to a lesson in economics from the vendors at Fenway Park. (If you prefer reading, here’s the transcript.)
Spotlight on ValuationAsterion, Inc. has extensive experience in the provision of valuation consulting services in a variety of challenging situations.