I’m a firm believer that more & more entrepreneurial ‘builders’ will evolve their operating company into a HoldCo

Scaling initial capital light successes (like a service co) & redeploying cash flow into concentrated bets leveraging existing know-how, infrastructure, & expertise

Antares Vision $AV.IM is the world's leading Track & Trace (T&T) and Vision Inspection (VI) solutions provider for the life science sector.

With several catalysts ahead I've initiated a position in this insider-owned small cap 🔽

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Antares is the supplier to 10 of the 20 leading pharmaceutical companies in the world having installed +2000 serialisation lines at +200 production facilities in +60 countries.

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Antares offers - via software and hardware - the protection of products and brands through visual inspection systems for quality
control, Track & Trace solutions for anti-counterfeiting and supply chain transparency from the point of
production to the end consumer.

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All major governments have regulation rolling out in regards to prescription drug traceability.

Penetration, globally, is below 30% and is forecast to double by 2026.

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In regards to distribution of Covid-19 vaccines, IBM partnered with Antares to create a solution tracking raw materials and identify shortages. Monitor production yields across manufacturers, guarantee vaccine integrity and prevent counterfeits.

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As part of our commitment to keeping our customers/community protected & informed, we are releasing a blog that shines light on transition between Stage 1 and 2 of #Solorigate/#SUNBURST campaign, custom Cobalt Strike loaders, post-exploit. artifacts, IOCs: https://t.co/b0ReHMa63u

Here are some highlights:
The missing link between the Solorigate backdoor and the custom #CobaltStrike loaders observed during the #Solorigate is an Image File Execution Options (IFEO) Debugger registry value created for the legitimate process dllhost.exe (ATT&CK ID: T1546.012).

Once the registry value is created, the attackers wait for the occasional execution of dllhost.exe, which might happen naturally on a system. This execution triggers a process launch of wscript.exe configured to run the VBScript file dropped by the SolarWinds backdoor (Stage 1).

The VBScript in turn runs rundll32.exe, activating the Cobalt Strike loader DLL using a clean parent/child process tree completely disconnected from the SolarWinds process. Finally, the VBScript removes the previously created IFEO value to clean up any traces of execution.

On the custom Cobalt Strike Loaders: we identified several second-stage malware, including TEARDROP, Raindrop, and other custom loaders for the Cobalt Strike beacon. During the lateral movement phase, the custom loader DLLs are dropped mostly in existing Windows sub-directories.

#PolicybazaarIPO Long thread: There is monetary printing by RBI, there is lending by banks & finally there is the Indian IPO. “Foreign owned” company with ~1 Bn investment is selling “Indian” unicorn to “savvy” Indians for $ 6.2 Bn. Want to know how this printing works? Let’s go-

The basics: Rs 6017 Cr being raised by new shares (Rs 3750) & re-selling (Rs 2267). Face value Rs 2 offered at Rs ~1000 per share is one of a kind. Who decides the price? Examine the valuation ladder below.
With ~$ 150 Mn invested till 2017, we see $ 525 Mn rushes in after 2018

So, a company valued $1 Bn in 2018 & $ 1.5 Bn in 2019 by key investors like Tencent, suddenly “needs money” in March 2021. Falcon Edge “invests” all of $ 75 Mn in March at valuation of $ 2.65 Bn.
Enter IPO bankers a couple of months later & they value the company at $ 6.2 Bn

Why does PolicyBazaar need $ 75 Mn just 6 months before IPO & give away 2.5 times in returns? And it doesn’t even use that money as the B/S reflects appx Rs 1000 Cr in cash lying around.
What kind of a favor is that? Why do they need US investment bank for this just before IPO?

Notice 50% rise in shareholding of promotors here & a 1: 500 bonus share issue. After all, how do you print money & still keep share price at “reasonable” Rs 1000?
Without bonus issue in June 2021, each share would have costed Rs 50,000. Heard of circular valuation?

Seeing a ton of (warranted) criticism re Dems on impeachment — but like where was everyone? We know politicians don’t act boldly if we’re not in the streets to make them. But multi million dollar “movement” orgs are writing petitions & posting graphics instead of organizing

I will always remember the first impeachment trial- pre-Covid-, when a mere 10,000 people marched in NYC. Dems are cowardly and ineffective, and Republicans are fascists but also the grassroots left is all over the place and has some reckoning to do.

These groups have millions of people on their email lists. How are they using that platform? There was zero coordinated national action(not emails, but action) re impeachment that I saw. Not even an ask to post something on social media or take a photo, let alone in person.

And I’m putting the focus on the people with money and resources to organize rather than on Individuals trying to survive a pandemic intentionally.A smattering of groups did some impeachment texting or phonebanking. That’s all I know about.

And because of this lack of direction from the people with resources (seeing this in the climate movement too) local groups or affiliates are getting wrapped up in super local politics, which while fine, is not going to move the national Democratic Party the way we MUST.

Went to make coffee. Opened fridge to get milk. Now...I was a refrigeration engineer, I had my own domestic appliance business, and I've seen things that would make your hair curl, but...the scene I was greeted by was frankly fucking horrific... 1/?

Everything in the fridge, butter, milk, eggs, some bacon, jars of stuff (except the mustard) had been torn to shreds...and was wet, from the milk presumably, and had turned black...2/?

I just stood and stared. The egg shells were there but broken, empty, and dry. The egg box in shreds. The butter had all gone and the lid had tell-tale holes. The unopened bacon all gone. The tray in tatters...3/?

I'd have taken a picture but it was disgusting...because...there were things in there that weren't in there on Friday. Turds. 6mm long, ovoid turds. I knew what they were obviously, but their presence INSIDE THE FUCKING FRIDGE was, is, troubling...How?4/?

A closer look, and this wasn't pleasant, what with all the black rancid milk and turds, revealed what looked like a hole at the corner of the interior, just under the evaporator..WTF! 5/?