4min chapter

The Joe Walker Podcast cover image

The Legendary, Fraud-Sniffing Short Seller - Marc Cohodes

The Joe Walker Podcast

CHAPTER

The Fraud Is in the SGNA

The company claims a 90% efficacy in terms of the healing potential. They take donated placental tissue they run it through the so-called purion process which is to me they spray windex on it or essentially something like that. Essentially freeze dry it or grind it up freeze dry it and it's essentially a wound covering aka sort of a band-aid. He runs 90% gross margins which is sort of higher than Google and Apple. His SGNA is 70% which is unheard of because he doesn't spend a lot of money on R&D. It makes no sense if it's in such high demand.

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