Callouts & quotes from 10,384+ activist slides

"In a 2015 opinion column in the El Diario newspaper, former Mines Minister and private mining industry consultant Jorge Espinoza publicly accused Prophecy Development Corp. (now OTC:ELEF) of manipulating mineral values at its Pulacayo-Paca prospect, near the city of Uyuni."

"“Yes. Great question. And I think that -- obviously, we'll let Telaria speak to their direct experiences. But I think it's, net-net, a very positive for the whole industry, including our slice of it. It shows that it's only growing in appeal to media owners.” — Magnite CEO"

"All that we know is that we run a clean and honest business and we are completely and utterly confident of that. Our auditors are confident of that. Our board's audit committee is confident of that. Our whole board and management team is confident of that. — Sunny Verghese"

"Rollins failed to devise and maintain sufficient internal accounting controls to prevent and detect the improper accounting and inadequately supported, period-end journal entries described herein, resulting in the underlying violations of the federal securities laws. — SEC"

"Other factors that may contribute to differences in fertility outcomes include infertility diagnosis, which may include diminished ovarian reserve, endometriosis, male factor, uterine factor, tubal factor, ovulatory dysfunction, or unexplained infertility — Milliman Report"

"“That was really surprising to me. I did not expect — and I don't know how insurance companies are going to react...how is that going to pan out if we get denial after denial after denial...It's a little bit unclear to us what's happening here.” — Pediatric endocrinologist"

"We are all proud that in Q1, we sold a Forte Enterprise system to EPB of Chattanooga, Tennessee. Last month, EPB purchased half of the compute capacity of a Forte Enterprise system for $22 million, bringing our latest quantum computer to their city and customers. — de Masi"

"we've been talking about the atrium, for which I think micro-second, nano-second both would be OK. But when we get into the ventrical, there are reasons to think that the nano-second would be able to make deeper lesions. So, again this still needs to be proven. — Dr. Reddy"

"“if we build that tool and there’s not a market for it...”; “we’re coupled to our customers on this and talking closely with them about their needs...to date, we have not seen compelling interest on their part to want to make that investment.” — Richard P. Wallace, KLA CEO"

"“Every company wants to make it like ‘we have the thing that treats the full spectrum’, and that does not exist. So if you ever have someone telling you that they have something that treats all prostate sizes, that is not correct...” — Private Practice Urologist, Dec 2024"

"Why didn't Ströer report the results of the digital business in Turkey in light of the instances of fraud already established? What responsibility do the board of management and the management bear for the failure to correct the problem? — Shareholder question at 2016 AGM"

"SoFi Technologies, Inc., Q3 2024 Earnings Call Transcript (Nov. 2024): CFO Lapointe stated "we sold $312 million of senior secured loans at a par execution." The September 30, 2024 UCC identifying SoFi as "Mezzanine Lender" had been filed six weeks earlier. — CFO Lapointe"

"It’s just been a very, very trying week, Fagal told MBJ on March 27. The way a practice runs, especially an orthodontist practice like mine ... you may go from seeing 70-90 patients a day, and then you’re able to see three. And, it’s a huge change. — Fagal (quoted in MBJ)"

""The way the facility was built, it was leased, but the plant has been Oatly. That being said, I know they purchased it and totally overpaid for it, upward of $10m. I don't know why they would pay that much, but my jaw dropped when I heard it." — Former Oatly U.S. Manager"

"See, normally we try to send everything to Asia by boat. But we had quality issues at our production site in Landskrona that resulted in production delays. So, to make up the time, 7% of the 2019 volume to Asia had to be transported by flight. — 2019 Sustainability Report"

"“I was buying all of my oligo pools from Agilent...So, for the last two years, we’ve been doing everything by Twist because of the discount and in the two years, it stayed constant.” — Current Twist customer, professor with a protein therapeutics lab at a major university"

"I don’t think having another of the same product with other issues in terms of safety versus JAKAFI is really changing fundamentally the big picture, because the big picture is JAKAFI has probably the best profile in terms of safety, efficacy for the disease. — Incyte CEO"

"Mr. Parsons was effectively pushed aside. In the spring of 2001, he exercised 700,000 TWX options at $11.87 per share and sold 700,000 shares of TWX stock at a weighted average price of $50.38 per share. — Nina Munk, Fools Rush In 192 (HarperCollins Publishers Inc. 2004)."

"“Holland wrote that the reports used resource estimation methods that were inconsistent with best practices, and contained ‘errors that could individually or collectively result in material overestimation of mineral resources.’” — Robert Holland, BCSC Chief Mining Advisor"

"In China where it’s not reimbursed and then even if it’s a small percentage that can afford it, you still have a really big number. So that’s why we see this as a big opportunity on the retail side — Inogen Management (via Piper Jaffray Health Care Conference 11/29/2018)."

"A rare example of Stryker miscommunicating, but it believes wasn't trying to talk down 2022 numbers or call out worsening macro conditions hitting numbers — J.P. Morgan, "Updating the Model For Recent Management Commentary; Remain Optimistic On NT Trends" – March 16, 2022"

"is not a well-controlled process...it was painful...if you choose a bad technology you just can't get there — Intel senior executive. I have met the VP of Intel's mask operations, a few times. yes, of course — Longtime semiconductor equipment friendly with Lasertec's CEO."

"If we get a huge order from the government or if we win tranche 2, which is for tens of thousands of drones and hundreds of millions of dollars worth of revenue, we want to have the capital in the bank instead of doing things like buybacks. — July 27th, 2022 Earnings Call"

""HbA1c followed a similar pattern, being elevated at 26 Weeks (Change from Baseline mean±SD 0.19±0.50%) and returned nearly to baseline by 65 Weeks (Baseline mean±SD 5.547%±0.4069%; 65 weeks 5.572%±0.5103%)." — Phase 3 open-label study paper - Miller et al (2024), excerpt"

"“They were just surprised to see that it was so extreme, especially given the fact that it seemed to happen so quickly after they came off the drug. They didn't expect that. They expected it to be a slower withdrawal.” — Formerly in a senior medical affairs role at Soleno"

"“of course...that’s probably what it will come to...I think that’s what it’s going to come to”; “kids like drinking liquids”; “if there’s an equation, we’ll find it”; “if it’s on MDCalc, I think we’ll feel good about it” — Endocrinologist at Massachusetts General Hospital"

"“intentionally misleading” and “sneaky,” — Two consultants (a pharmacology specialist and a leading figure in drug-induced cardiotoxicity). “The postmarketing data should also be monitored for sudden deaths and cardiovascular and respiratory adverse reactions.” — The FDA."

"In contrast to the conclusions Liedtke et al presented at American Society of Hematology (“ASH”) 2016, we see the timing of patients’ organ responses as consistent with responses from PCD treatments, which often consist of chemotherapeutic agents. — Muddy Waters Research"

"The y-axis is discharged energy percentage because you know they have only one layer, so it's 70x85-millimeter, so it's about 56 or 60 centimeters square. So, for the entire pouch cell, the total energy is about 200 milliamp-hour. — Leading solid-state battery researcher"

"“It’s a big drama, I would say. We don’t want to buy into something that we don’t trust and have not tested 100 times... We are asking many, many questions, and they’re blocking us from time to time. They say we need to do our homework, that we don’t know.” — VW employee"

"Life insurers with significant minimum interest rate guarantees [such as Manulife] would not be able to invest in sufficiently high yielding assets, in today's interest rate environment, in order to honor these high interest commitments; — Leslie P. Rehbeli, Oliver Wyman"

"We note that strategic initiatives suggested by Elliott are not necessarily leveraging or detrimental to credit quality. As such, we believe the company could carry out these steps while maintaining an investment grade rating. — J.P. Morgan Credit Research, February 2013"

"“Netqin investigation, the night prior to public listing - inflated sales proceeds,” 21st Century Business Herald, March 26, 2011. — 21st Century Business Herald; “Conversely, building a successful fraud is much easier than building a successful business.” — Muddy Waters"

""This data represented a worst-case scenario for Opdivo." — Sanford Bernstein, October 2016; "Keytruda will be the new standard of care in first line lung." — Bank of America, October 2016; "...Sets Stage for Merck to Dominate NSCLC Market." — Credit Suisse, October 2016"

"“Although in some scenarios it is possible that some bonds might have to be redeemed depending on what transaction occurs, we think the Company and even agitating shareholders might be overestimating the likelihood of that occurring.” — Covenant Review, February 28, 2014"

"“IQVIA is the largest CRO on the planet today, a clinical research organization. From a revenue standpoint, the company does over $10 billion a year; we're a public company with over 70,000 employees. I oversee a $[redacted]-million division for IQVIA.” — IQVIA Executive"

"As was the case in 2009, Core sees a V shaped recovery starting to occur in late 2015, and that echoes comments from Harold Hamm most recently. So, that’s why we are predicting as we did back in 2008-2009 as a V-shaped recovery. — David Demshur, Q4 2014 CLB earnings call"

"Proxy advisor Egan-Jones recommends Elliott's highly qualified board nominees Brian Coffman, Sigmund Cornelius, Michael Heim and Stacy Nieuwoudt at Phillips 66 (NYSE: PSX). "Urgent change is needed in the boardroom to unlock the Company's full potential." — Streamline 66"

"Our value proposition also includes a scalable and efficient platform that has not only been able to adapt to the tripling in the size of our business since 2010, but also has us well-positioned to support future growth. — Ronald Lombardi, CEO, Investor Day, May 25, 2016"

"I think the answer to that long-term answer to them coexisting together in the market is no, because I really do feel, again, this is just my opinion, I do feel that Zillow will always play favorite to the Flex deals because they want to get that 35%. — Zillow Flex Agent"

"“significant accumulation of markers” for injury and pathological processes; “a self-perpetuating cycle of inflammation and additional cell damage”; “which may limit the extent of benefit of this technology….” — Dec 2024 study on liver damage from warm perfusion machines"

"I don't hear about it much from my colleagues — Prescriber #1. I’m think I’m not alone in this opinion — Prescriber #2. there’s just not a lot pf open running room for Wakix in the setting of narcolepsy — Prescriber #3. weakest of all the drugs out there — Prescriber #4."

"Sony Music sued Los Angeles-based Triller last year (2022). It accused the TikTok rival of failing to make payments under a licensing agreement and committing “massive” copyright infringement by streaming its music without a license since breaking the contract. — Reuters"

"If such earnings are repatriated in the future, or are no longer deemed to be indefinitely reinvested, the Company would have to accrue as a liability the applicable amount of foreign jurisdiction withholding taxes associated with such remittances. — Innodata SEC Filings"

"Even Isteq stated that the "new" source technology they licensed to Lasertec for its A300 "Urashima" is a pipe dream that is as fatally flawed as Ushio's; that Lasertec's EUV tools are a failure; and that key customers they speak to like TSMC and Intel are angry. — Isteq"

"“There's a monopoly there because KLA is the only tool that has Die to Database. You can compare the right chip to the left chip, and you know that if three are the same, there is no problem.” — Former KLA executive in a leadership role in their EUV mask inspection group"

"“At this moment, there is no company that is fully satisfied with their inspection product. So, absolutely every product now has different problems...no company is fully satisfied...APMI, actinic patterned mask inspection is a huge challenge.” — Key R&D employee at Isteq"

"I guess the easiest way is that you let us know when you struggle with getting enough feedback from former employees and we can pro-actively support you. Or you give us the list of people you want to talk to and we can help arranging the interviews. — Christian Schmalzl"

"It is a one-for-one model. We literally, we are accountable - and we're a B corp, by the way which keeps us accountable - um, so every three months we see how many units were sold, and you know, basically calculate how many units we gave during that time period. — Spear"

""There are fundamental differences between IMF Bentham and other funders. Our investors understand and value this and our investor base now includes some of the largest, most sophisticated institutional investors in the world." — Andrew Saker, CEO and MD of IMF Bentham."

""At best, this was deceptive to the public," said former Floor and Décor employee Scott England. "This seemed to be very deceptive behavior." and "They simply needed to get this done as quickly as possible," said England. — Scott England, former Floor and Décor employee"

"“When you combine all of that with our unrivaled portfolio of valuable businesses, brands and assets and the way we manage them together, Disney has a strong hand that differentiates us from others in the industry.” — Robert A. Iger, Disney CEO & Director, November 2023"

""In accordance with EITF 01-09, the Company presents distributor royalty and commission expense as an operating expense, rather than a reduction to net sales, as these payments are not made to the purchasing distributor." — Reliv International, Inc. Annual Report (2007)"

""Their consensus is very similar to what I have essentially told you." — Pfizer senior scientist. "AbbVie, for example, has Berkeley Lights too. And they voice the same kind of complaints that I've been sharing with you. It's not as reliable," — Pfizer senior scientist."

"“We are actively evaluating a number of streamlining initiatives that are aimed at improving the effectiveness of our corporate office and supporting functions. These measures are aimed at modernizing these functions while improving productivity.” — Rollins Q2 2023 10-Q"

"(a) holds permits, certificates, licenses, orders, registrations, franchises, authorizations, and other approvals from any Governmental Authority necessary for the conduct of its business and is in compliance with all applicable Laws relating thereto; — Credit Agreement"

""VAX-31 APPEARS BEST-IN-CLASS & SHOULD LEAD THE EXPANDING ADULT + INFANT MARKET... VAX-31 met non-inferiority to PCV20 across the board, was superior on many difficult and highly-prevalent serotypes, and the data were more striking than V116." — TD Cowen, September 2024"

""In 2015, Nevro hired away the senior partner of our sales territory, which had quite an impact for 2016. Most of the big whale implanters in our territory made a full switch over to Nevro. That lasted, and really hurt us, for about a year." — Medtronic regional manager"

"In January, we renewed our multiyear partnership with United Airlines, exemplifying the power of collaborative innovation. Together, we are focused on bringing new technology to enable friction-free travel experiences to United travelers. — CEO, Q4 2022 on March 1, 2023"

""It seems tautological, but standards aren't really standard unless they are widely adopted [...] You can't 'make' a standard any more than you can 'make' friends; people become friends over long association, and so it is with standards." — Carol Diamond and Clay Shirky"