Was due dilligence done on this partnership?
It seems not. Chris Capre had seen the application working in working real time but not with multiple users. A big part of the sales pitch was the hedge fund but this didn't exist. I spent a couple of hours researching Ken Medanic's past. Everything I discovered should have been a very large red flag. I couldn't find any evidence of Medanic ever having acheived anything; there are plenty of promotional videos but no evidence of a functioning product with multiple users or a successful business. Similarly, Medanic has videos going back to 2016 to sell his technology and his Peak Performance Trading program but I couldn't find a single review of it or any evidence of any traders using it. If the system was functioning as Ken calimed it was, wouldn't a Twitter friendly trader who was using this technology and succeeding with it be shouting from the rooftops? Via YouTube and facebook I found someone who had worked with Ken in Montreal and his endorsement of Ken...