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22Jul/10Off

NY Stern Business School

Microsoft Research selects seven fellows for its Faculty Fellowship Program every year.  It looks for those who are on the cutting edge of computer research through a unique path as well as individuals who look like they are going to be leaders in their field.  This year, one such individual selected was Sinan Aral who is NY Stern Business School’s Assistant Professor of Information, Operations and Management Sciences.  He is to be given a grant of $200,000 to be used for his research studies which “analyzes data to understand how the movement of information in massive social networks affects the productivity of information workers, product adoption and demand patterns, and the spread of health behaviors in large populations.”  The NY Stern Business School has a great reputation for producing extremely smart graduates who go on to have impressive careers in the business world.  Clearly this is the case with Aral.  Likewise, graduate Corey Ribotsky today is Managing Partner of the NIR Group of Roslyn, New York.

15Jul/10Off

FDA Approval as Reported by LLS

The Leukemia & Lymphoma Society works tirelessly to help in the fight against cancer.  Certainly, the support that they receive from their fundraising events and from donors such as Corey Ribotsky, helps in this enterprise.

In addition, they are always following the latest FDA approvals in cancer drugs and other research developments.  In the most recent medical news, the U.S. Food and Drug Administration recently approved a new indication for Tasigna (nilotinib) which treats a rare blood cancer when first diagnosed.  The cancer is called Philadelphia chromosome positive chronic phase chronic myeloid leukemia (Ph+ CP-CML), and it is a slowly progressing blood and bone marrow disease linked to a genetic abnormality.

This new indication allows for more use of Tasigna in adult patients who are in the early stages of this disease.

8Jul/10Off

Investing Tips for all Investors

Before investing, everyone has to do his research.  This is true, whether you’re a seasoned investor or just starting out.  This article is a clear, concise examination of investing, offering concrete tips and pointers for investing.  As the author says at the end, “Everyone and even some of their mother’s have a list of the hottest investments for the year, month, holiday, or whatever else they can come up with. Even when coming via trusted source, be sure to research each potential investment before opening up your wallet.”

1Jul/10Off

Sunrise Day Camp Looks Ahead to the Golf Classic

The Sunrise Day Camp is the only dedicated day camp in the country specifically created for children with cancer and their siblings.  Children enjoy a new beginning free of charge as they form friendships, participate in camp activities and enjoy a chance to feel like regular kids.

On August 16, 2010, Sunrise Day Camp, supported by Corey Ribotsky and so many others, will host the Samuel Levine Memorial Golf Classic.  Have fun at the golf classic, while knowing that you are supporting the Sunrise Day Camp with any funds you spend at the event.  Join the camp, as well, to honor Paul Brensilber, Roddey Dowd Jr. and Jordan Ziegler on this special day.

In addition, Sunrise Day Camp has taken their journal green!  Their virtual ad journal will be screened for the first time at the Golf Classic and viewed online throughout the year.  Have fun while supporting a very worthy cause.

24Jun/10Off

Market Analysis in 2010

Here is a fascinating analysis of the market as it stands today and of predictions for the year ahead.  The writer takes a look at the market in Europe and in the States as he looks ahead.

He concludes by saying, “Governments and citizens have become convinced that we won’t have to pay the piper for creating flawed currency systems and taking on far too much debt.  They believe they can bail everyone out at every twist and turn.  I think we’re going to find that to be false in the coming months and years.”

10Jun/10Off

Corey Ribotsky, is a supporter of the Sunrise Day Camp which is the only one of its kind dedicated to children with cancer. The organization runs many activities and fundraising events.  One of these is scheduled for August on the Levine Golf Course.  This will be a fun way of getting involved in an organization that is giving back a lot to society.

Samuel Levine Memorial Golf Classic

Sunrise Day Camp has been offering fun camps to kids from the ages of 3-16, suffering from cancer.  As well, events it coordinates include those which invite family members and friends to share in the fun.  This upcoming fundraising event will be a great way to have an enjoyable, mellow day out for everyone, and enable the kid with cancer to feel part of a regular fun day.  That is often the focus of Sunrise Day Camp – to give kids  with cancer the opportunity to be part of regular society and forget their troubles, even if just momentarily.

30May/10Off

Corey Ribotsky and CMFNY

In June, the Children’s Medical Fund of New York, of which Corey Ribotsky is President, will be hosting its first annual golf and tennis charity classic in Long Island.  This event has raised over a million dollars since it began 35 years ago.  In as much as it is fantastic for one to give of their time to such a vital organization, providing the foundation with money is equally important. This is something not only close to Corey Ribotsky’s heart, but which he too understands from a practical standpoint. Thus a venture such as this makes volunteers like Ribotsky extremely pleased and proud.  This kind of money will be put to excellent use at the CMFNY.

Ribotsky and Fundraising

These kinds of events are also a lot of fun.  For anyone who wants to give of their time and money and do so whilst supporting such a crucial charitable venture, the golf and tennis charity classic is the way to go.  While having fun, you can, like Corey Ribotsky, know that you are benefitting an organization whose goal is to “advance children’s health care.”

20May/10Off

Corey Ribotsky and Big Developments at SUNY

Corey Ribotsky, a graduate of New York’s SUNY Stony Brook, might be quite excited about the university’s important venture, the Public Higher Education Empowerment and Innovation Act (PHEEIA). Such a project is not only seen to be important for the university, but also the City University of New York (CUNY) as well as the entire state of New York. Basically these universities are currently lacking the resources necessary for them to “achieve excellence.” The Act is attempting to implement a “fair tuition policy where revenue stays with the campuses, greater flexibility in public/private partnerships to allow campuses to provide better services for students and create new research opportunities, and relief from outdated regulations…complicating routine purchasing.”

SUNY Graduate Corey Ribotsky

With all of its goals, it is important to note that the main aim of the PHEEIA is to advance SUNY to its next level and also take on additional impressive faculty to add to the university’s current staff. With additional faculty the university would be able to have smaller classes which would translate into a higher quality education. This has to be good news for all of SUNY’s current students as well as nice to know for those who have already gone through the system, like SUNY graduate Corey Ribotsky.

10May/10Off

Corey Ribotsky on Real Estate

Corey Ribotsky, Managing Member of the NIR Group, probably knows a thing or two about the current real estate market. The NIR Group LLC, an Alternative Asset Management Firm, specializes in four areas: direct investments; commodities; structured finance and real estate.

The real estate section of the NIR Group mainly provides mortgages which are usually quite dissimilar to those offered by banks, insurance companies, etc. In other words, these mortgages are much more short-term. While the person who takes out such a mortgage will usually end up paying more they still remain popular. This is because people often want to “limit equity dilution that can come from involving an equity investor to provide the necessary funds.”

Corey Ribotsky and the NIR Group team have probably been following the news in the real estate market as well. A study showed that foreclosures were up 16 percent from the beginning of 2009 to the start of the following year. Maybe this company’s mortgages can assist people and prevent them from being foreclosed.

30Apr/10Off

Funding Agreement Between Med Gen Inc. and the N.I.R. Group

In important business news, Med Gen Inc. recently announced that they have signed a deal with the N.I.R. Group, LLC whereby the N.I.R. Group will help to fund Med Gen Inc.’s new direction.  The N.I.R. Group, where Corey Ribotsky is the Chairman and Chief Executive Officer, will provide Med Gen Inc. with up to $1.25 million dollars.  This funding will include an immediate cash infusion of $100,000 in two payments and an additional $1.25 million dollar line of credit for the company to draw upon monthly.
"I hope this demonstrates to investors that we are serious about building a solid national business brokerage company that will lead the market in this very lucrative industry," said Raymond Barton, Med Gen's CEO. "This will allow us to dominate the fractionalized business broker industry and emerge as a clear leader in today's favorable economic climate for business brokering."