Did you know Theranos started by 19yr. old Based in a Rented Basement Near Stanford Campus? Raised millions in first few years and moved to former HQ of Facebook in 2012? Former CDC director on it's board also Henry Kissinger and Jim Mattis? WHOA!?

"Silicon Valley's former pin up girl". . .according to 60 minutes Australia. . ."Elizabeth Homes has No Choice but to face her #reckoning!"

Did you catch it?

Sure IS interesting how "Theranos used Unproven technology to bleed investors!" As reported by Biz Journals in News.
Does this sound like another Recent familiar con? You decide!

Here is the run down.

"Defrauded investors of $144 million dollars."

Interesting NUMBER there don't you think?

Elizabeth Holmes sentenced to 11 years in jail.

Her crimes exposed by whistleblowers courageous enough to come forward in the face of hate, mockery and threats.

Was this "one of the most fiendish kind of plots in the history of healthcare as stated by one of the whistleblowers?" You decide!

Dr. Adam Rosendorff was the star witness in the trial of the Theranos founder Elizabeth Holmes.

Dr. Rosendorff was the lab director, so he had the inside view of the company.

Elizabeth promised a revolution in blood testing that was exposed to be a Sham!

Dr. Rosendorff first saw warning signs in 2013 when he was recruited to join the healthcare startup by Holmes and Theranos COO start up, Ramesh "Sunny" Balwani.

It was found that he was Elizabeth's secret lo^er at the time.

Dr. Rosendorff found Elizabeth to be very charming and also very enigmatic.

Interesting definition that word enigmatic don't you think?
Check it verbatim. ..

en·ig·mat·ic
/ˌenəɡˈmadik/
Learn to pronounce
adjective
difficult to interpret or understand; mysterious.
"he took the money with an enigmatic smile"

He found Sunny to be a bully!

How many bullies have we all been pitted against at difficult challenges and time to navigate?

What time period did we all just cross with a word that has dem in the middle surrounded by panic?

Did you have to come up against fam members feeding into the system while trying to protect loved ones who were compromised due to their He*lth? Many of you did.

Did you face bullies trying to make you do it THEIR way with things up the n*$e while throwing those who worked for and were owned by the me)ical indu$try to back them on gaining access to humanity because it was their "protocol" they valued ABOVE a God given imm^ne system?

Liz Hayes asked Dr. Rosendorff if it struck him as unusual to be asked to keep a secret?

He said it did, it made him wonder what was really under the covers!

It was revealed at Trial that Dr. Rosendorff went from new recruit, to the critical secret source, whose background briefings allowed the Wall Street Journal to crack the Theranos fraud.

Claimed by Holmes and Sunny that they could use just a pin prick of blood to cheaply and accurately test 200 diseases at a time, using a ground breaking mini mobile lab was all a LIE!

AND. ..that the wobbly, dangerously inaccurate results had been covered up!

How many times has this happened in an industry many civilians place their Trust in because someone has a med*cal degree or works in the m^di$al industry so are perceived as esteemed and Above many in knowledge? Are all of them really for humanity or for $ and an agenda that is willing to give them a great deal of exposure, celebrity status and $$$? You decide!

What did we just WATCH happen?

Were people pitted against one another

• those who believed the con
• those who believed Part of the con
• those who stood against it from Day 1, stayed consistent and tried to protect others?

You saw what happened.
The passage played out as we watched the con All Unfurl, #DoYouRemember?. . .

Some who sat in church buildings much of their lives. . .including the pompous ones who boast about being deacons or youth leaders were part of this Very Passage!

Matthew 10:21-22
King James Version
21 And the brother shall deliver up the brother to death, and the father the child: and the children shall rise up against their parents, and cause them to be put to death.

22 And ye shall be hated of all men for my name's sake: but he that endureth to the end shall be saved.

Luke 12:53

53 The father shall be divided against the son, and the son against the father; the mother against the daughter, and the daughter against the mother; the mother in law against her daughter in law, and the daughter in law against her mother in law.

It is because they choose to support the con and the conners.
They choose to Justify going Against God's creation and how humanity is created in God's image; therefore, God's natural law gave a protocol, but they choose to follow instead Man's Law.

But, but, but. ..muh family?
Check it. . .Suppose ye that I am come to give peace on earth? I tell you, Nay; but rather division:

Some may say, but I don't like that.
How often did Anyone like what Jesus did and said when He walked this earth?

These are those verses people Pretend do not exist, but here they are!
For I am come to set a man at variance against his father, and the daughter against her mother, and the daughter in law against her mother in law.

But, but you're taking it out of context many claim when they don't want to deal with reality!

No, it says what it says!
People do not realize when they feed into a con and those who were sent to deliver a message to free them. . .will be reviled and hated JUST as Jesus was!

Guess who thought Dr. Rosendorff was crazy?
His therapist at the time.

Isn't that how those who feed into the system or pose Not to, but make exceptions for certain areas treat those of us sent to deliver messages to free them from #TheSystem treat us? You know they do.

He says who wouldn't! Here's a junior doctor saying the greatest success story in history is a fraud!
Sound familiar?

There was an article done in Fortune Magazine with the headline,
"This CEO is Out For Blood"
Subtitle. .."Elizabeth Holmes and her Secretive Company"

Do they Not TELL humanity what they are doing Literally in their FACES?

Yet who all still falls for their con?

They tell you, because by Universal Law, Natural Law they Have to tell you.
As humanity is Sovereign under God's law/Universal Law/natural law. . .if humans Choose to believe the conners, if they Give their consent away. ..it is considered Fair Game by the manipulators/abusers/system generators/con artists. . .call them what you wish, you get it!

Holmes was called the Next Steve Jobs.

She became Silicon Valley's First Female Billionair!

These are the types of people Praised in the owned society!
Those who are perceived as far more successful than others due to their wealth. ..even though obtained through a con! Is money the End All to being famous and successful?

It appears it IS in the Beast System even among those who Claim they are For God's system.
Watch them! They all still become infatuated with people pushed forward in society who have The System's perceived bar of success. . .fame. ..achievements. Do you find that Interesting?

Hear Liz Hayes say, "but then like a #HouseOfCards, #Theranol valued at $9 Billion Folded Under the Weight of #TheTruth!"
Interesting number again and Many Tells in what was stated!

Hear Dr. Rosendorff state, "You don't have the right to jeopardize patients' health because you want to be a famous figure in Silicon Valley. You want to be the new Steve Jobs! You don't Have the Right to Experiment with People's Health!"

Some are in the words of a Biotech exec, whom Holmes took out for lunch in 2006, stated she was fascinated with the Emperor's New Clothes aspect of the Story!

Interesting as in that book. . .

the emperor hires two tailors to make him a new set of elegant and magical clothes - clothes that foolish people will think are invisible!
only a child is willing to speak up and tell the truth.

Holmes wanted Ann to work for her as a consultant for Theranos.
Ann was not convinced.
Ann has a PhD in Chemical Engineering. She said she was really surprised and skeptical.
Others Ann knew in her scientific field were very far away from thinking what Holmes was claiming she could do. . .could be done!

Notice the people in the photos of this FB Frames thread who were so quick and happy to jump on board of a train to invest money, time, energy or All to be part of the perceived "success story!"
Do you find it interesting who all was involved?

What was Created to #Hoodwink investors and patients? You decide!

Ann was amazed at how poised and seemingly unaffected Elizabeth Holmes was on the witness stand. Most in society would praise this. ..Ann noticed how almost Unhuman this was! Once again. . .interesting thoughts and words!

What was missing was any remorse or regret.

Liz Hayes asked how Ann took the defense line, that the collapse of #Theranos was really about mistakes not malice?

Their attempt to justify that it was never really about hurting anyone or fleecing anybody?

Ann doesn't buy it at all! She said, "I really believe they systematically told lies they Knew weren't true!"

Dr. Rosendorff has seen it all over the last 9 years.

Most recently he has witnessed Elizabeth Holmes shift from a superstar scientist and powerful business woman to what has been pushed in the public eye as a "fragile victim."
Do You thinks she is a victim? This First Woman Billionaire of Silicon Valley?

Dr. Rosendorff never saw her as someone who needed hand holding.

He said at trial Holmes was unapologetic and staring at him with daggers.

Holmes was convicted of fraud and awaited sentencing.

About 8 weeks ago there were two new bombshells [Boom, Boom!]

Dr. Rosendorff said he doesn't have any empathy for Elizabeth as even after she serves her sentence, he doesn't believe there will be any great epiphony for her.

According to Liz Hayes, Holme's 18 month old son nearly handed her a "get out of jail free card."!

Adam didn't want Elizabeth's child to grow up without her mom, so he tried to reach Elizabeth and have her acknowledge in some way her role in it.

Dr. Rosendorff wasn't thinking about how it could upend everything. Adam said he was just wanting to talk to her as a human being.

Adam did speak to her partner and father of her child.

Holme's lawyers appealed to the judge to overturn her guilty verdict, claiming that Elizabeth's partner alleged that Dr. Rosendorff had embellished his story.

The defense put forward that Rosendorff was pressured into claiming that things were worse than they wore at Theranos at the time.

When asked if there was any truth to that, Rosendorff stated, "No, the facts spoke for themselves. I didn't need to invent anything or lie, I didn't need to. I just needed to be truthful."

Holmes lawyers also tried the ploy of claiming Dr. Rosendorff's actions put his mental health in question.

You see what they do there. . .isn't it what many people who are part of the agenda Always do?
Try to claim people who are concerned about humanity and not allowing predators to con others. ..claim they are Crazy?

A tactic used perhaps because those who try to help threaten the con and predator's greed? You decide!

Just a week and a half ago the judge found there was no need for a new trial.

Dr. Rosendorff's reaction to Holme's lawyers' ploy to cast doubt on his testimony by using the tactic of targeting mental health when perpetrators/perpeTRAITORS do not get their way was. ..
"It was an affront to my dignity, it was hutzpha, it was despicable. I was shocked and disgusted."

When asked if he regretted coming forward, he said, "No, I don't regret it! I did the right thing! As difficult as it was. ..and it was like opening a can with a fork. I don't feel any regret whatsoever."

Ann felt Dr. Rosendorff believable and that he really wanted to do the right thing for patients and quality work.

Ann dismisses much of what Holmes had to say in her case as a desperate and cynical attempt to stay out of jail.

Ann didn't think the rape Holmes endured at Stanford made it okay for Elizabeth to lie and defraud people.

Ann stated, "Once you know someone has committed fraud and is capable of really just straight out lying to people, it makes you suspicious of all the other angles in order to get a benefit like a lighter sentence."

Many saw the disclosure of Holmes finding her dog dead as a desperate grab for sympathy.

IMHO we all feel sympathy towards other humans, even those act wickedly when they lose a loved one or pet.

Does This justify them preying on other humans and placing money ABOVE the safety of humanity just to give themselves more fame and fortune? You decide!

Yes to it's horrible Elizabeth lost her dog.
No to that gives her permission to use it as an excuse to con people!

Some have noted her 2nd pregnancy which became obvious only a month ago.
I believe they are wondering whose needs are being put first. ..the unborn baby or Elizabeth's?
How will her situation she put herself in with the choice to defraud and knowing she may be jailed help the baby? What are your thoughts?

Liz Hayes states, "In an 11th hour plea for leniency, the judge was sent photos on Friday of Holmes as a new mom to her first born."

Ann stated, "She became pregnant with the first child right before she went to trial. Now she's pregnant with the second child right before sentencing.
That cannot be applied to get lighter sentences.
I mean, that's sad about her dog, but that seems unrelated to the fraud of people paying a debt to society."

Elizabeth Holmes will be free until late April of next year when she has to surrender herself to jail.

It's expected she will appeal.

Holmes conviction and now her impending incarceration has given whistleblowers like Adam Rosendorff a new sense of freedom.

Adam said, "I think to a large extent, many people were screwed the minute they set foot in that sort of prefab smelly building in Palo Alto. You know the day I decided to Quit, was the day that I climbed out of the Pit of Theranos towards the sunshine!"

#DarkToLIGHT much? You decide!

This is taken from. . .

UPDATE: Theranos founder Elizabeth Holmes sentenced to 11 years in jail | 60 Minutes Australia

Click through the photo frames to see more evidence and sources.
Thank you to all who share out this info as my content has been heavily shadow banned for years. Yes, the platform admits it and has sent me messages verifying this which I have archived.
Godspeed Great Warriors!

Link here with photo frames and sources/evidence,
https://www.facebook.com/melissa.mcgarity.14/posts/pfbid02YKYdy3VqcQQxdtVgqGPBDT3RsTCAqepPzD8VMDPGB5zH6Vd5AeYo8m2NzJtZLKQml

While at Stanford University, Elizabeth Holmes had an idea to develop a wearable patch that could adjust the dosage of drug delivery and notify doctors of variables in patients' blood.

She started developing lab-on-a-chip technology for blood tests, with the idea to start a company that would make blood tests cheaper, more convenient and accessible to consumers.

Holmes dropped out of Stanford in 2003 and used the education trust from her parents to found the company that would later be called Theranos, derived from a combination of the words "therapy" and "diagnosis".

The company's original name was "Real-Time Cures", which Holmes changed after deciding that too many people were skeptical of the word "cure".

According to the song We Built This City. ..which includes Many Tells. ..Corporations Always Changing Corporation Names! Who does that Always help? Humanity or the perps? You decide!

Starship - We built this city (with lyrics)

"Say you don't know me or recognize my face.
Knee deep in the hoopla, sinking in your fight.
Too many RUNAWAYS eating up the NIGHT!"

"Someone Always playing
Corporation Games [shall we play a game/shall we play a game once more?]
Who cares they're always changing Corporation NAMES!"

Don't you REMEMBER?
We Built this City on Rock and Roll!"

Now let's Go Warriors!

In 2012, Safeway invested $350 million into retrofitting 800 locations with clinics that would offer in-store blood tests. After many missed deadlines and questionable results from a trial clinic at Safeway's corporate offices, the deal was terminated in 2015.

In 2013, Theranos partnered with Walgreens to offer in-store blood tests at more than 40 locations. Although Theranos blood tests were reportedly used on drug trial patients for GlaxoSmithKline and Pfizer, both companies stated that there were no active projects with Theranos in October 2015.

In June 2016, Walgreens terminated its partnership with Theranos. In November 2016 it filed suit against Theranos in federal court in Delaware for breach of contract. In June 2017, Theranos reported to investors that the suit, which originally sought $140 million in damages, was settled for less than $30 million.

In July 2015, the Food and Drug Administration approved the use of the company's fingerstick blood testing device for the herpes simplex virus (HSV-1) outside a clinical laboratory setting. Theranos was named the 2015 Bioscience Company of the Year by the Arizona BioIndustry Association (AzBio).

Well THAT's interesting considering all that Resides in Arizona in a particular area and also all of the biolabs and tech in the Ukraine.

https://steemit.com/pedogate/@artistiquejewels/abandoned-camp-in-tucson-az-discovered-by-vets-on-patrol-a-complete-overview-with-photos-and-links

Here this is on my Rumble channel,

Ukraine labs Verification in Kiev and what it is all connected to. FL Foster Dad child sex abuse.

https://rumble.com/vwq6fh-ukraine-labs-verification-in-kiev-and-what-it-is-all-connected-to.-fl-foste.html

Here it is on my Bitchute,

https://www.bitchute.com/video/CLfizW1zElVr/

In February 2015, Stanford professor John Ioannidis wrote in the Journal of the American Medical Association that no peer-reviewed research from Theranos had been published in medical research literature. In May 2015, University of Toronto Professor Eleftherios Diamandis analyzed Theranos technology and concluded that "most of the company's claims are exaggerated."

Attempting to boost the company's credibility, Holmes invited then-U.S. Vice President Joe Biden to tour their facility. Biden praised what he saw, but to conceal the lab's true operating conditions, Holmes and Balwani had created a fake lab for the Vice President's tour.

In October 2015, John Carreyrou of The Wall Street Journal reported that Theranos was using traditional blood testing machines instead of the company's Edison devices to run its tests, and that the company's Edison machines might provide inaccurate results.

Tyler Shultz, a Theranos employee from 2013 to 2014 and the grandson of then-Theranos director, former U.S. Secretary of State George P. Shultz, was a key source for the WSJ story. Shultz had attempted to take his concerns to company management. When that failed, he had spoken to Carreyrou and also, under an alias, reported the company to the New York State Department of Health.

Theranos claimed that the allegations were "factually and scientifically erroneous." Walgreens suspended plans to expand blood-testing centers in their stores following the report. At that time, the Cleveland Clinic announced that it would work to verify Theranos technology.

Theranos fought back against the Journal's investigation, sending lawyers after sources in the story, including Shultz, in an effort to stop them from providing information to the press.

Is that not ALWAYS a Tell when someone doesn't want transparency? Think about it. ..they kept basing many aspects on secrecy as verified by eye witnesses!

Former employees of reputation management firm Status Labs said that Theranos had hired the firm to discreetly erase mentions of the WSJ's reporting from its Wikipedia article, despite the activity being a violation of the website's terms of use.

Following the WSJ story, the history of FDA interactions with Theranos was scrutinized. The FDA had received a formal inquiry to look at Theranos blood test devices by the U.S. Department of Defense in 2012, before the devices were commercially available and did not require FDA approval.

FDA inspection reports from 2014 and 2015 stated that its containers for blood collection were "not validated under actual or simulated use conditions" and "were not reviewed and not approved by designated individual(s) prior to issuance".

In 2015, an FDA inspection resulted in multiple observed violations of FDA Title 21 Regulations.

It was eventually revealed that the FDA had classified Theranos's device, called a nanotainer, as a Class II medical device, meaning that Theranos would need to use special labels, meet certain performance standards and perform post-market surveillance of the device. Theranos asserted that the nanotainer was a Class I medical device and therefore not subject to any regulatory requirements. After the 2015 inspection, Theranos announced that it would voluntarily suspend its tests apart from the FDA-approved herpes simplex virus (HSV-1) test.

The Arizona Department of Health Services reported issues with the company's Scottsdale lab meeting regulations in September 2015. The reports were revealed in the Arizona Republic in November 2015.[

In January 2016, the Centers for Medicare and Medicaid Services (CMS) sent a letter to Theranos based on an inspection of its Newark, California lab in 2015, reporting that the facility caused "immediate jeopardy to patient health and safety" due to a test to determine the correct dose of the blood-thinning drug warfarin.

Walgreens subsequently announced a suspension of Theranos blood tests from the Newark lab and immediately paused wellness services in Palo Alto. Theranos also agreed to stop tests at Capital BlueCross's Enola, Pennsylvania retail store.

Interesting! Did you notice who was president then?
In March 2016, CMS regulators announced plans to enact sanctions that included suspending Holmes and Balwani from owning or operating any certified clinical laboratory for two years and that they would revoke the facility's certification as a clinical laboratory.

By April 2016, Theranos came under criminal investigation by federal prosecutors and the SEC for allegedly misleading investors and government officials about its technology. The U.S. House of Representatives Committee on Energy and Commerce requested information on what Theranos was doing to correct its testing inaccuracies and adherence to federal guidelines in June 2016.

Why does this sound eerily familiar? Uncanny isn't it?
In May 2016, Theranos announced that it had voided two years of results from its Edison device. The company announced that about 1% of test results had been voided or corrected from its proprietary machines in June 2016.

In July 2016, Theranos announced that the CMS had revoked its Clinical Laboratory Improvement Amendments (CLIA) certificate and issued sanctions prohibiting its owners and operators from owning or operating a clinical laboratory for two years, suspension of approval to receive Medicare and Medicaid payments, and a civil monetary penalty. The company discontinued testing at its Newark location while attempting to resolve the issues. Theranos announced plans to appeal the decision by regulators to revoke its license to operate a lab in California and other sanctions.

In August 2016, the company withdrew its request for emergency clearance of a Zika virus blood test after a lack of essential safeguards during the testing process was found by federal inspectors.

Theranos announced that it would close its laboratory operations and wellness centers and lay off about 40% of its work force to work on miniature medical testing machines in October 2016. In January 2017, Theranos announced that it had laid off a further 41% of its workforce, or approximately 155 people, and closed the last remaining blood-testing facility after the lab failed a second major U.S. regulatory inspection.

Also that month, the company faced lawsuits from several different entities including Walgreens and Arizona Attorney General Mark Brnovich.

In April 2017, lawyers for Partner Investments LP and two other funds, with combined stakes totaling more than $96 million in Theranos preferred shares, charged that Theranos had threatened to seek bankruptcy protection if the investors did not agree to accept additional stock equity in lieu of litigation.

The suit also alleged that Theranos had misled company directors about its practices concerning laboratory testing and that it had secretly bought lab equipment to run fake demonstrations.

In April 2017, Theranos reached a settlement with CMS agreeing to stay out of the blood-testing business for at least two years in exchange for reduced penalties,[82] and signed a consent decree with Arizona Attorney General Mark Brnovich over violations of the Arizona Consumer Fraud Act. Alleged violations included false advertisement and inaccurate blood testing. Theranos agreed to refund $4.65 million to the state's residents for Theranos blood testing services, providing a refund to every resident who had received a test, regardless of whether the test results were voided or corrected.

In August 2017, Theranos announced it had reached a settlement with Walgreens.[87]

In December 2017, Fortress Investment Group, a wholly owned company of Softbank Group, loaned $100 million to Theranos for 4% of the company. Theranos had reportedly been on the verge of bankruptcy, with the loan meant to keep the company solvent into 2018.

The loan was secured by Theranos's patents. On April 10, 2018, the company laid off the majority of workers in a renewed bid to avoid bankruptcy. The company's total headcount was fewer than 25 employees, after having 800 employees at its peak.

Softbank's Fortress bought up Theranos patents and later, taking advantage of the new market conditions in the midst of the Covid-19 pandemic, set up a shell company called Labrador Diagnostics which sued one of the companies making Covid-19 tests, saying that its test violated those Theranos patents.Theranos was still being issued patents into 2019 due to the lengthy patent application process.

In March 2018 the US Securities and Exchange Commission filed civil fraud charges against Theranos, its CEO Elizabeth Holmes and former president Ramesh "Sunny" Balwani, claiming they had engaged in an "elaborate, years-long fraud" wherein they "deceived investors into believing that its key product – a portable blood analyzer – could conduct comprehensive blood tests from finger drops of blood".[96][97] Holmes reached a settlement with the SEC which required her to pay $500,000, forfeit 19 million shares of company stock, and be barred from having a leadership position in any public company for ten years.[98] Balwani did not settle with the SEC.

Interesting the #Theranso location. Remember what Perkins, Coie LLP is? Anons and Warriors remember! a Certain Dossier was obtained through them.

On June 15, 2018, Holmes and Balwani were indicted on multiple counts of wire fraud and conspiracy to commit wire fraud. According to the indictment, investors, doctors and patients were defrauded. It is alleged the defendants were aware of the unreliability and inaccuracy of their products, but concealed that information.

The jury selection for the trial was to begin on July 28, 2020, and the trial was to have commenced in August 2020; however, the COVID-19 pandemic led to a proposed October date,[102] before the trial for Holmes was rescheduled to begin on August 31, 2021, with Balwani's trial pushed back further to 2022.

In February 2021, federal prosecutors accused Holmes and other executives of destroying evidence in Theranos's final days in business. The specific evidence in question is the history of internal testing, including accuracy and failure rates of Theranos's blood-testing systems. [Does this also sound eerily familiar of a certain person destroying evidence. . .you know with a hammer and bleach bitting? You know what I'm talking about!]

On January 3, 2022, Holmes was found guilty of three counts of wire fraud and one count of conspiracy to commit wire fraud. She was sentenced in November 2022 to 11 years and 3 months in prison.

Balwani's trial began in March 2022, and he was convicted of 12 counts of fraud in July 2022.

After Theranos failed to address concerns that it exaggerated the capabilities of the miniLab, Walgreens withdrew from their partnership. It was later revealed that Theranos had voided two years of test results showing inaccuracies with the Edison technology.

Theranos was headquartered in Palo Alto, California. It previously had laboratories in Newark, California, and Scottsdale, Arizona

From its incorporation in 2003 until 2018, Holmes was the company's chief executive officer. She recruited Channing Robertson, a chemical-engineering professor at Stanford, to be a technical advisor and the company's first board member during its early years. Holmes's then-boyfriend Ramesh Balwani, a software engineer whom Holmes had met during high school, joined the company as its president and chief operating officer in 2009.

In July 2011, Holmes was introduced to former U.S. Secretary of State George Shultz, who joined the Theranos board of directors that month.

Note the Globalist Players! Do you find that interesting?

Over the next three years, Shultz helped to introduce almost all the outside directors on the "all-star board", which included William Perry (former U.S. Secretary of Defense), Henry Kissinger (former U.S. Secretary of State), Sam Nunn (former U.S. Senator), Bill Frist (former U.S. Senator, senate majority leader and heart-transplant surgeon), Gary Roughead (Admiral, USN, retired), Jim Mattis (General, USMC), Richard Kovacevich (former Wells Fargo Chairman and CEO) and Riley P. Bechtel (chairman of the board and former CEO at Bechtel Group).

The board was criticized for consisting "mainly of directors with diplomatic or military backgrounds".

Check out the board members in a glance. . .In May 2016, members of the Theranos board of directors were:
Elizabeth Holmes, founder and CEO
Riley Bechtel, former Bechtel Group CEO
David Boies, a founder and the chairman of Boies Schiller Flexner
William Foege, former director of the CDC
Richard Kovacevich, former CEO and chairman of Wells Fargo
Jim Mattis, later U.S. Secretary of Defense
Fabrizio Bonanni, former executive vice president of Amgen. Also check out who resigned from their board!

In April 2016, Theranos announced its medical advisory board which included past presidents or board members of the American Association for Clinical Chemistry. Members were invited to review the company's proprietary technologies and advise on the integration into clinical practice.

The board included members with relevant biomedical expertise such as past president of the American Association for Clinical Chemistry Susan A. Evans; William Foege, former director of the U.S. Centers for Disease Control and Prevention (CDC); David Helfet, director of the Orthopedic Trauma Service at the Hospital for Special Surgery; and professors Ann M. Gronowski, Larry J. Kricka, Jack Ladenson, Andy O. Miller and Steven Spitalnik.

Balwani left his position as president and COO in May 2016. At that time, the company announced its new board members, Fabrizio Bonanni (former executive vice president of Amgen), Richard Kovacevich and William Foege, who would help to publicly introduce its technologies.

In January 2017 the Theranos board of directors included:

Elizabeth Holmes
William Foege
Fabrizio Bonanni
Daniel Warmenhoven, former NetApp CEO, replacing Riley Bechtel
It was also announced in November 2016 that the celebrity-studded "board of counselors" would be scrapped in January 2017.

Theranos raised millions of dollars in its first years. In 2004, Theranos was based in a rented basement near the Stanford campus. By December 2004, the company had raised more than $6 million from investors at a valuation of $30 million. The company had about $45 million total fundraising after Series B and Series C funding in 2006.

Theranos raised an additional $45 million in 2010 at a valuation of $1 billion. The company moved to the former headquarters of Facebook in June 2012.

The company had significant news coverage starting in September 2013 after profiles in the San Francisco Business Times and The Wall Street Journal. By 2014, Theranos had raised more than $400 million with an estimated value of $9 billion. In 2016, Forbes revised the estimated net worth of the company to $800 million taking into account the $724 million of capital raised.

Between 2004 and 2016, the amount of Private Equity Dry Powder available grew from $400 billion to $1.5 trillion. It was a period of plentiful capital available where investors were pressured to find investment targets to deploy capital on. In the Theranos case, insufficient due diligence and fraudulent business practices led to the losses for investors.

In May 2017, participating shareholders provided a release of any potential claims against Theranos in exchange for shares of the company's new preferred stock. Holders of more than 99% of the shares elected to participate. Holmes contributed shares to the company and gave up equity to offset potential dilution to non-participating shareholders.

In May 2018 John Carreyrou reported that American business and government leaders lost more than $600 million by privately investing in Theranos. Major investments had been made by the Walton family ($150 million), Rupert Murdoch ($121 million), Betsy DeVos ($100 million) and the Cox family (of Cox Media Group) ($100 million). The final liquidation of the company in September 2018 rendered these investments worthless.

Remember Rupert Murdoch. ..Mr. Tell a Vision Box empire owner with Fox News!

Theranos location close to Perkins Coi law firm location there in Silicon Valley.
Do you find that Interesting?

https://steemit.com/redoctober/@artistiquejewels/red-october-you-decide-remember-the-perkins-and-coie-law-firm-that-paid-for-the-fake-dossier-durham-s-first-indictment-was-a

#Theranos, #ElizabethHolmes, #60minutesAustralia, #AdamRosendorff, #HenryKissinger, #Facebook, #CDC, #Stanford, #JimMatthis, #JenniferLawrence, #Facebook, #BloodTesting, #23andme, #Ambrosia

Connecting sources,
https://steemit.com/cannibalism/@artistiquejewels/cannibalism-being-heralded-as-a-solution-to-climate-change-by-the-same-elites-who-won-t-give-up-their-private-jets-but-hey

https://steemit.com/pedogate/@artistiquejewels/what-do-nicole-kidman-rupert-murdoch-harvey-weinstein-corporation-owned-news-and-pedogate-all-have-in-common

https://airmail.news/issues/2021-10-9/blood-lust

https://www.bizjournals.com/sanfrancisco/news/2018/03/15/theranos-elizabeth-holmes-fraud-blood-test.html