Board of Directors

Manuel P. Asensio, Founder and Managing Director

Bringing short-selling into public dialogue and making short-focused research available to all investors have been core parts of’s mission since 1996 – the New York Times labeled’s work “something radical and remarkable” in 1998. This article was published at the birth of the Internet. It is difficult to imagine a time when stock news website did not exist and the brokerage firms were not yet on the Internet. Investors access to new and reports on publicly traded company was restricted to sell-side analyst reports, company publications and most the Dow Jones newswire and the Wall Street Journal. This was the environment in 1996 when issued its first report. Eighteen years later, in January 2014, the National Bureau of Economic Research, [“NBER”] published a research paper titled “…”, the study found that the “pioneer is Manuel Asensio of Asensio & Co., which was founded in 1992 and started publishing reports on overvalued companies in 1994” and that “Asensio & Co.’s reports yield the highest returns’ by the study’s measure and during the study’s timeframe.

Founded in 1920 and headquartered in Cambridge, Massachusetts the NBER is “the nation’s leading nonprofit economic research organization. Twenty-four Nobel Prize winners in Economics and thirteen past chairs of the President’s Council of Economic Advisers have been researchers at the NBER….[t]he more than 1,300 professors of economics and business now teaching at colleges and universities in North America who are NBER researchers are the leading scholars in their fields….[t]he NBER is governed by a Board of Directors with representatives from the leading U.S. research universities and major national economics organizations.”

National Bureau of Econ. ResearchHow Constraining Are Limits to Arbitrage? Evidence from a Recent Financial Innovation

Mr. Asensio hold an Undergraduate degree from the University of Pennsylvania’s Wharton’s Business School and an MBA from Harvard Business School. 

Jason P. LaVardera, Director of Operations and Communications

With over 6 years of operational experience for two major financial institutions, Jason heads the organizations communications and operations efforts. Bringing an array of technical, analytical and personal relations skills, Jason manages aspects of the organization ranging from our research and marketing efforts, to our website, and digital and physical filing systems.

Jason holds a Bachelor of Science Degree in Economics and Finance and a LSM Degree in Ethics and Corporate Social Responsibility from Bentley University.

Mitchell Cantor, Legal Director

Mr. Cantor heads the organizations legal department, bringing his experience as a licensed attorney in New York State and Federal Courts. Mr. Cantor is the sole practitioner of the Law Offices of Mitchell Cantor, a boutique law firm located in New York, New York specializing in all aspects of real estate practice, general corporate law, art law and commercial litigation.  It’s real estate practice spans the full gamut of real estate matters and transactions while it’s general corporate and commercial litigation practice serves their real estate clients and in addition to also targeting clients in the creative and luxury industries, including magazines, restaurants and gourmet food purveyors, nightclubs, art and antique dealers and fashion, accessories and jewelry designers and retailers.

Mr. Cantor holds a BS and JD degree from the University of Pennsylvania. 

Glenn G. Wattley, Director of Policy

Glenn G. Wattley is a partner of Sierra International. He has over 37 years of management and technology experience in the energy and environmental industries, having started his career with CONSOL Energy, Inc and MSA in Pittsburgh, PA.  He also spent almost twenty years with Arthur D. Little, Inc., and Andersen Consulting (now Accenture) in management and technology consulting serving Global Fortune 1000 companies advising clients at the CEO-Board of Directors level.  He joined Sierra International as the Managing Partner in charge of the Energy and Environment practice.

Over the years Glenn has brought to a range of energy and utility clients strategic business and technology expertise. Based on his industry experience, he brings to bear practical ideas and solutions for implementation and positive results. He has been retained as CEO/COO for several organizations including a privately held startup company, a major European manufacturer of energy equipment, and a manufacturer of environmentally friendly products used in energy and various industries including medical and automotive.  Clients for several business turnaround and performance improvement assignments have retained him. His work includes due diligence on investment opportunities including merger and acquisition and initial public offerings of energy and technology companies.

Glenn is a recognized thought leader and analyst having appeared on NBC, CBS, ABC, CNBC and PBS. He has been quoted extensively in the press and has given dozens of keynote addresses at industry conferences. He is also a recognized expert in the application of advanced “green” energy technology such as Smart Grid, distributed generation, renewable energy, fuel cells, synthetic fuels, etc. Glenn has been retained as an expert witness on industry, business and financial matters. His client base includes investment banks, utilities, public utility commissions, energy and mining companies and the Federal Department of Justice.

Glenn holds a BS degree in Mechanical Engineering from Columbia University’s School of Engineering and Applied Science, and a MBA from Harvard Business School.  He is a member of the Board of Visitors of Columbia’s Engineering School.