Callouts & quotes from 10,384+ activist slides

"MDA 2012: "The increase was primarily attributed to the inclusion of backlog for SSL." Maxar 2017: "The 2017 amount includes DigitalGlobe backlog of $1.7 billion (2016 - nil)." — Company Filings"

"In the next few months, uLab is also going to offer their own lab to print aligners. So you can use uLab software to design a case and print in your office or send it out to them. — Orthodontist"

"Our subsidiaries’ mining operations have consistently been recognized with numerous local, state and national awards over the years for outstanding safety performance — AMR Investor Presentation"

"In August 2021, we received an expected $64.2 million federal income tax refund and a $5.4 million associated interest payment related to a net operating loss (“NOL”) carryback claim — 2021 10-K"

"In 1988, Fortune magazine ranked Triangle Industries as the best performer among all Fortune 500 industrial metal products companies based on "Total Return to Investors" over the previous decade"

""the organization is deemed a pyramid scheme if the participants obtain their monetary benefits primarily from recruitment rather than the sale of goods and services to consumers" — Unattributed"

"「ウシオの関係者に光源の問題を訊ねましたが、答えはありませんでした。私は問題がわかります。と言うのも、マスク検査装置の場合、開口数は非常に小さいためごく低出力の光源で十分で、スキャナーで使うような高出力は不要です。しかし、光源が不安定であれば、入っている光の輝度が変動します。つまり、安定性が問題になります」 — 極端紫外線リソグラフィーの名だたる専門家で、レーザーテックの顧客に近いA氏"

"「2019年、2020年にも買ったと思います」とTSMCの元幹部は説明する。「A150は高額で、約5000万ドルです。TSMCはそれくらいの値段で6台買いました。また、それはファブの生産ラインでなく、電子ビーム投影露光技術（EPL）で作成するマスク検査のために購入しています」 — TSMCの元幹部で長年購買の責任者を務め、同社へレーザーテック製の検査装置の導入を担当した人物、現大学教員"

"For the three months ended June 30, 2021, three customers accounted for 27%, 18% and 11% of revenue...four customers comprised 28%, 18%, 17% and 10% of accounts receivable. — Berkeley Lights 10Q"

"we definitely are seeing a shift to financing more deals than we have historically experienced, and I fully believe that, that will continue throughout the rest of this year. — Stryker (Q2 2020)"

"Olam's insistence that investors accept a “gestation period” for its investments seems akin to what a degenerate gambler might say to his friends and family in order to get more money to gamble."

"CEO Sunny Verghese has suggested that instead of shorting Olam, Muddy Waters should go long and work with the board to improve the Company. Thank you, Mr. Verghese, but we must politely decline."

"“a development milestone of $10.0 million recognized under our agreement with Merck and Co, Inc., or Merck. The agreement with Merck was acquired through the Merger.” — Chinook 2022 10-K, pg. 77"

"Its auditor recently cited as a "Critical Audit Matter" - Goodwill and Indefinite-Lived Intangible Asset Impairment Assessments for Reporting Units and Brands of Certain Product Groups — Auditor"

"“Best darn dinosaur of our age” — Jonathan Bush (referring to Epic Systems). “So this is the key. We're not going to develop a system to take them on. We are building a network.” — Jonathan Bush"

"「全地域で成長を遂げている...セラヴィに関しては、39%の成長率を記録し、ダーマ化粧品市場におけるクレンジング&ボディ部門の第1位に浮上しました。いたる所で成長を遂げており、米国では25%、海外では61%の成長を遂げています。」 — ミリアム・コーエン-ウェルグリン, ロレアル ダーマトロジカル・ビューティー事業部門 プレジデント, 2024年2月9日 2023年第4四半期決算説明会"

"One of Ishihara's current focuses is the launch of a social networking site called "NowNaw" in Japan. Ishihara describes NowNaw as "the American equivalent of TikTok." — Interview (October 2022)"

"“I mean, their biggest risk, I think is actually having people that don’t have licenses. I still don’t know how they did it.” — Transplant procurement surgeon previously working with TransMedics"

"In 1988, Fortune magazine ranked Triangle Industries as the best performer among all Fortune 500 industrial metal products companies based on "Total Return to Investors" over the previous decade"

"WAKIX is a histamine-3 (H3) receptor antagonist/inverse agonist indicated for the treatment of excessive daytime sleepiness (EDS) or cataplexy in adult patients with narcolepsy (1) — Wakix label"

"We start by un-levering the Beta for each company in our comp set. We divide each company's Levered Beta by one plus its tax-effected debt-to-equity ratio. — Financial Modeling Course References"

"The company rebranded as Sinch AB in early 2019, saying that the company “has used the Sinch trading name for its real-time voice and video products since the acquisition of Sinch AB in December"

"Net revenue for the New Age segment decreased by 13% from $11.6 million for the three months ended March 31, 2018 to $10.1 million for the three months ended March 31, 2019. — 2019 Q1 SEC filing"

"Хотел бы уточнить о возможности размещения четырех детей из ДНР в вашем отеле 22-27 марта 2026 г. для размещения их в семье. Милые девочки возрастом 14-16 лет. Красотки! — Unidentified Requester"

"we have other businesses that are doing well, that we're growing, that we're as a result less dependent on memory especially the commodity memory products. — SGH Q3 2019 Earnings Conference Call"

""For Mr. Andersen, those relationships included ordinary course commercial transactions between our company and an entity for which Mr. Andersen is a director." — XPO 2016 Proxy Statement, p.18"

""For Mr. Andersen, those relationships included ordinary course commercial transactions between our company and an entity for which Mr. Andersen is a director." — XPO 2016 Proxy Statement, p.18"

""Bolloré has a track record of using minority holdings to pursue control and profit goals, as demonstrated across Bouygues, Aegis and more recently, Vivendi itself." — Glass Lewis, May 25, 2018"

"Explain the comment “ensuring technological sovereignty in France” in the Atos press release of 16 February 2022? How important was this factor to Airbus in negotiating the agreement with Atos?"

"Mafia scanning concession / As a doctor Olti Pezzini bought 49% stake in a concession worth USD 316 million to 490 leks. Who is hiding behind the ICMS and the Salus hospital ?! — Media Headline"

"“... in the latter part of the second quarter 2021, we are scheduled to temporarily take the Kentucky plant off-line to implement several debottlenecking initiatives.” — DNMR 1Q21 earnings call"

"“We are highly confident BWLD could refranchise their owned stores at a multiple of 6.0x or higher and estimate a refranchising process to 90% could take as few as 18-24 months” — Cypress Group"

"Celgene will make an upfront payment of $1.1 billion for the privately held San Diego company, the companies said in a statement Sunday, confirming an earlier report in The Wall Street Journal."

"“a change in certain vendor arrangements where we [ELF] now take ownership of inventory at shipment from China versus when it enters our U.S. distribution center.” — ELF Beauty, 2Q FY2024, 10-Q"

"“There’s a huge market dislocation with energy” — Amir Adnani; “Nuclear energy is back in a big way” — Amir Adnani; “Attitudes in favour of nuclear energy are at an all-time high” — Amir Adnani"

"intends to refine compensation and incentive programs for senior management to more directly emphasize same-restaurant-sales growth and free cash flow. — Darden Restaurants, Inc. (Dec 19, 2013)"

"Mr Harwood KC submitted that the Developer fell short of its duty of candid disclosure in failing to explain to the Court how, internally, it calculated the capacity of the proposed solar farm."

"Wir hatten zumindest das Gefühl, wenn Du – wie Phillip [Westermann Meyer] gesagt hat – ein bisschen Eier hast, kannst Du auch als Außenwerber im Online-Bereich ein bisschen aufräumen. — C. Sch."

"“Your letter contained extremely serious accusations and we are responding to these accusations with the same level of seriousness and with factual evidence.” — TransMedics CEO Waleed Hassanein"

"“purchasing fewer retail vehicles means fewer low age units are added to the website which other things being equal, increases the average age of our inventory.” — Carvana 4Q shareholder letter"

"In the light of the line of challenge which has succeeded, I will quash the Planning Permission and the NMA, so that the decision is remitted to the Planning Committee — Legal Judgment Excerpt."

"“to this day, the electric table, the superior alignment technology...are ASML’s bedrock...its super-fast, super-precise stage and alignment have been unique selling points for decades.” — ASML"

"There was indeed a fraud case; there is no protection against that. There was a whistleblower and within a very short period of time we were able to channel things properly again. — Udo Müller"

"“This last contract with Rapiscan was a big kind of fallacy... They were selling something that this equipment can’t do... This is the red point on this contract.” — Former senior SAT official"

"I do not accept that the Design and Access Statement was incorporated by reference by the Planning Permission; nor that there is an ambiguity which this extrinsic document operates to resolve."

"It is not exactly clear why these changes are being made so quickly, but the negative publicity around HLF's business model probably provided a strong incentive to take action now. — Ms. Adler"

"“fundamental lack of understanding of [AGO’s] business model.” — Assured Guaranty (AGO); “Mr. Einhorn’s focus on total debt service ignores this lack of acceleration.” — Assured Guaranty (AGO)"

"“Looking at 2010, you can expect more of the same from CP, emphasis on cost management, productivity and the realization of longer-term structural savings.” — Fred Green, Q4 2009 Earnings Call"

"On a March 2005 conference call, Mr. Parsons said that cable companies “have a complexity of balance sheet and financial structure that is very different from a content company…” — Mr. Parsons"

"Gross proceeds from the three disposals were nearly €80 million. On average, sales took place at prices which are similar to the June 2023 book value. — CPI PG Press Release dated Feb 28, 2024"

"The Institute of Chartered Accountants of India (ICAI) has recommended strict penal action, including imprisonment, for auditors who are found associated with serious accounting frauds. — ICAI"

"The ventilation of Agreed Issue [A1.4c] attracted resistance from the Council and the Developer. They characterised it as inappropriate ‘rolling judicial review’. But this resistance subsided."

"“The role is CSC, which is a joint venture with IQE and Cardiff University. Essentially though it is the same contract as all other IQE employees and is based at our site in Cardiff.” — IQE HR"

"flawless transition to a new more efficient, primary logistics and warehouse provider with no interruption to the business — Compensation and Talent Management Committee (2020 Proxy Statement)"

"I'm not reaching out to people proactively...I'm letting them reach out to me and a couple have...because they are following the story. — Trial investigator, pediatrician/geneticist, professor"

"I think history shows us that breaking up large energy companies is not only possible, but it also unlocks significant value. We've seen this time and time again in energy... — Stacy Nieuwoudt"

"Хотел бы уточнить о возможности размещения четырех детей из ДНР в вашем отеле 22-27 марта 2026 г. для размещения их в семьи. Милые девочки возрастом 14-16 лет. Красотки! — Sender of the email."

"Is it possible to book a private massage session with some young and beautiful female Filipino ladies? Is it possible to receive massage in my room? — Guest email to Mövenpick Hotel Islamabad."

"Is it possible to book a private massage session with some young and beautiful female Filipino ladies? Is it possible to receive massage in my room? — Guest email to Mövenpick Hotel Islamabad."

"We have a similar approach. We have taken away ID, because many labs in Europe have already invested in MALDI and that solution is good. So we can reduce the price of our product. — Qlinea rep"