This is the first part of the groundbreaking January 2019 interview between Real Vision co-founder Grant Williams and legendary short seller Marc Cohodes. In this clip from the long conversation, the two introduce Cohodes’ battle to expose the truth about pharmaceutical giant MiMedx. This is excerpted from a video published on Real Vision on February 1, 2019 entitled “Fraud, Intimidation and Truth: Marc Cohodes’ Last Stand.”
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Short-Seller Marc Cohodes on MiMedx Fraud: Part One
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Transcript:
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letter, right, saying they took it down, I put it on my Twitter. And Pete Petit has bullied so many
women, former employees, customers, the second I put it out on Twitter my direct message--
GRANT WILLIAMS: Him backing down.
MARC COHODES: Him backing down to me. It was almost like a symbol that Mugabe has been
overthrown in Zimbabwe. People got into the streets and celebrated. And that was, I think, the
sign that there was a big change.
GRANT WILLIAMS: But why do you think he went after you in the first place? Why with the Cali
Cartel--
MARC COHODES: He was-- he was stupid. And he bought off on the rhetoric that I'm this all
powerful guy who controls all these skeptics and actually believed in all this pack bullshit rhetoric
that's out there.
GRANT WILLIAMS: If he'd seen you in the pink crocs, then maybe he wouldn't have-- wouldn't
have bought into that.
MARC COHODES: If he would have just called me up and said, what's going on, that would have
been different. But I always say there's no greater motivator than disrespect. And this guy showed
me the ultimate disrespect by defaming me and accusing me of a bunch of shit. I figure if you're
doing something like this, you have a ton of stuff to hide.
And the stuff that has come Luke's and my way. I've never seen the amount of evidence of criminal
activity, kickbacks, Medicaid, VA, channel stuffing, revenue recognition, bullshit in my years. So
when people asked me on Twitter what I think of MiMedX, at first I said it's in my top 20 all time.
Then I said it's in my top 10 all time. Now it's in my top five.
I think their sales are overstated by 70%. I think it's a criminal operation. I think Pete's the
mastermind behind it. I think people are going to go to jail, probably him and maybe their
general counsel. And they all hassle me and follow me on Twitter. Through anonymous things and
threaten me and this, that, and the other. And it's just wonderful.
GRANT WILLIAMS: So how do you go about-- the battle lines are drawn. They come after you,
you push back, now you're starting to get people to come to you and say you don't know the half
of it. Here's what's going on. How do you, then, build that into something tangible that you can
put a case forward?
MARC COHODES: Well just this past weekend, someone in Georgia-- a company-- was doing
business with MiMedX. And they have proof of revenue recognition fraud at MiMedX. And there
is some lawsuit. Most people can search under MiMedX, or the plaintiff, or the defendant and
find things. But in this weird state court you need a docket number.
29 сен 2024
