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Hybrid in-person and virtual event on September 27-28 in Washington, DC, and online

Media pass: To access FAIRCON22 event sessions in person or online, contact Luke Bader, Director, membership and programs, FAIR Institute, [email protected]; or Eskenzi PR: Avery MacGregor, [email protected], 978.290.2970; or Cathy Morley Foster, [email protected], 925.708.7893.

RESTON, Va., Sept. 26, 2022 (GLOBE NEWSWIRE) — What: As the financial stakes of cybersecurity rise, FAIR Institute, the nonprofit professional organization advancing risk measurement and management, is stepping up its efforts to help businesses and organizations protect their most valuable assets. invaluable with its FAIR 2022 conference (FAIRCON22). The annual event, whose theme this year is “Scale: Taking Risk Management to the Next Level”, will bring together thought leaders in the field of cyber and operational risk management to discuss FAIR™ best practices. information risk) in order to develop increased value and alignment with business objectives.

When: This premier global risk management conference will be held in person at the Mandarin Oriental Hotel, Washington, DC, and virtually on Tuesday, September 27 and Wednesday, September 28. follow-up panels and expert case study sessions.

Who: Open to risk management professionals and offers introductory and advanced sessions.

• Speakers: Jack Jones, President, FAIR Institute; Mark Tomallo, senior vice president, CISO, Victoria’s Secret; Mary Elizabeth Faulkner, CISO, Thrivent Financial; Jeff Norem, Deputy CISO, Freddie Mac; Matthew Tolbert, Senior Cybersecurity, Oversight and Regulatory Specialist, Federal Reserve Bank of Cleveland; and James Lam, director of public and private boards; Director certified by the National Association of Corporate Directors (NACD) and D100 winner; ERM consultant, author and speaker; and Derek Johnson Senior Reporter, SC Media; among others.
• In person and virtual“This year, we are delighted to once again welcome participants in person and to virtual events for FAIRCON22. The conference focuses on “scale”, demonstrating how to take the latest developments in quantitative risk management to the next level to effectively address the growing and costly challenges of cybersecurity,” said Nick Sanna, President of the FAIR Institute. “We bring together the world’s best experts and practitioners to share their experience and expertise. We can connect organizations with our partners and sponsors to help develop risk management programs. Training sessions are offered to help organizations advance cyber and operational risk needs. Participants can also earn CPE certification and credits.”

FAIRCON22 Highlights: Featured events, full schedule: https://www.fairinstitute.org/faircon22-agenda

• main speech: Trusting risk-based decisionsJack Jones, President, FAIR Institute
• Opening speech: How Risk economics can help us win the battle in cyberspaceLarry Clinton, Chairman, Internet Security Alliance (ISA).
• C-level panel: CISO of Highmark Health, Victoria’s Secret, Freddie Mac and Thrivent Financial on Driving Culture Change – From a Compliance Approach to a Risk-Based Approach to Cybersecurity
• Case study: Cisco, Refining the “R” in CRM at Scale
• Cat by the fire: What the SEC’s revised guidance on cyber risk disclosures means for youKristy Littman, Former Chief Enforcement Officer – Cyber ​​Unit, SEC
• Case studies: Netflix, Equinix, Expedia and Dropbox
• Opening speech: Omar Khawaja, CISO, Highmark Health : Justifying the Business Value of Cybersecurity with Highmark Health and the BOSITE Framework
• Last word: Jack Jones, President, FAIR Institute; Derek Johnson, Senior Reporter, SC Media

Membership of The FAIR Institute is free and members are entitled to discounted tickets to FAIRCON22. To register for the event, visit: https://www.fairinstitute.org/2022-fair-conference

Sponsors include RiskLens, Technical Advisor; IBM, Protiviti, RiskRecon and Archer, advisers to the institute; and Black Kite, LogicGate, The Open Group and Cyenthia Institute; Conference sponsors.

About the FAIR Institute

The FAIR Institute is a non-profit, expert organization led by chief information risk officers, CISOs, and business leaders, created to develop and share standard FAIR-based risk management practices. Factor Analysis of Information Risk (FAIR™) is the only international standard analysis model for information security and operational risk. FAIR helps organizations quantify and manage risk from a business perspective and enables cost-effective decision making. To learn more and get involved, visit: www.fairinstitute.org.

FAIR Institute educational partners include Arizona University, Boston College, Carnegie Mellon University, Ferris State University, George Mason University, Harvard University, Macquarie University, Pepperdine University , San Jose State University, University of Massachusetts Amherst, Marymount University, Georgetown University, Georgia Southern University, Catholic University of America, University of Tampa, University of Toronto, Virginia Tech, Washington University in St. Louis, University of Wisconsin, Webster University, Seattle Pacific University, Glasgow Caledonian University and Universidad Andina Simón Bolivar (UASB).

Contact:

Cathy Morley Foster
PR Eskenzi
[email protected]
925.708.7893

WATSONVILLE – The sprint is over, but the marathon has only just begun.

That’s the mindset of Pajaro Valley Health Care District Board Member Jasmine Nájera, who has been the official owner of Watsonville Community Hospital for more than three weeks now.

The acquisition, announced Aug. 31, capped an eight-month dash that began shortly after the hospital’s former owners filed for bankruptcy in the winter of 2021. The effort included expedited legislation from the state and “the largest fundraising campaign in the history of Santa Cruz County,” according to district officials, who raised $65.5 million from more than 450 donors to complete the purchase.

But when the district took possession of the hospital on September 1, it set its sights on a new, equally critical challenge: keeping the hospital open and financially viable.

Last month, a district financial consultant said the hospital lost $22 million in the year before bankruptcy and is expected to lose $23 million this year.

“It’s going to be a challenge,” Nájera told the Sentinel last week. “None of us think ‘oh great, the hard work is done.'”

So where will the hard work take place, now and in the future of the hospital? The Sentinel spoke to Nájera and other hospital officials to find out.

Early actions

Since the hospital is now considered a new business, one of the first areas of focus for hospital management is the renegotiation of all supplier contracts.

Watsonville Hospital CEO Steven Salyer told the Sentinel that his staff will reform more than 650 contracts in the first 60 to 90 days of ownership, which he sees as a significant opportunity to strengthen the hospital’s finances. ‘hospital.

“This organization, for a very long time, was paid at the 25th percentile or less compared to other organizations around us or within the state,” Salyer said, sharing that his team’s goal is to receive median payout totals for each location. suppliers.

If the effort is successful, Salyer said it could bring in an additional $11 million a year in revenue, adding that the renegotiation process “looks very positive.”

However, the hospital also serves many elderly and low-income county residents who rely on Medi-Care and Medi-Cal insurance, which has fixed reimbursement rates often significantly lower than commercial payer levels. According to a statement from the health district, approximately 50% of the hospital’s patients rely on Medi-Cal and 30% on Medi-Care.

“That’s not going to change, it’s the community we serve,” Nájera said, acknowledging both the challenge and highlighting the critical equity role the hospital plays in the county.

She and Salyer said they believe there are other significant revenue strategies to build on, namely expanding the hospital’s range of services. Salyer said the hospital will commission a catheterization lab for cardiac treatment in 2023 and is in discussions to bring a 21-bed psychiatric unit to the hospital.

“It would be a major victory for the county,” said Salyer. “This suite of services is needed across the state and (could) excite many healthcare partners.”

Santa Cruz County spokesman Jason Hoppin also confirmed that raising revenue for the hospital through tax avenues is not currently being considered.

“While hospital districts have the power to raise revenue to support hospital operations, there are no plans at this time to implement a tax,” Hoppin told the Sentinel. “If a solution were to be considered in the future, it will be a conversation between the PVHCD Board of Directors, Watsonville Community Hospital and constituents of the Pajaro Valley.”

Strategic plans

As the district health care board worked with a consultant to develop a business plan that was implemented from day one, Salyer said he expressed a desire to form a new strategic planning committee to reconfigure the plan now that the hospital board and staff can formally collaborate.

Salyer said he was engaged in many initiatives already in place, but “as a new company, we’re going to take that process back to create a unified plan that the board agrees with, management agrees with. okay, the vendors that work here, and I’ve even asked for front-line staff to be involved in the strategic planning process.

In early August, the council announced it would move many part-time nursing positions to full-time status in a bid to reduce costs and the number of traveling nurses, who can have up to three times the full-time employee rate. , according to Salyer.

The decision sparked a flurry of negative comments from the nursing unit, many of whom had worked at the hospital for decades, saying the move would increase burnout among staff who need time off to heal. recover from the physical and emotional demands of the job.

“One of the most important things for us is to really take care of our staff and make sure they feel supported,” Nájera said of the strategic planning process, which is expected to begin in October. “We are very aware that there are quite a few nurses who are really upset with some of the decisions that have had to be made. But we want to keep that dialogue open and create forums and town halls where we can get that input and have good two-way dialogues.

Besides rebuilding staff morale, other strategic plan priorities mentioned by Salyer include investing in local partnerships, such as school districts and philanthropic organizations, as well as a focus on quality of care.

“We will be one of the best hospitals within 100 miles when it comes to quality,” Salyer said. “With everything we’ve been through, all the turmoil… our goal is to build stability, boost staff morale and really make doctors feel like this is the best place for them to bring their patients to work. »

Nájera also expressed optimism for the future, where the hospital goes beyond financial stability and emerges as one of the premier healthcare facilities in the region.

“We deserve it here,” she said. “This is a hospital that serves so many valuable and essential workers and really, we want to make people want to come here.”

MIAMI (PRWEB)
September 21, 2022

GFG Securities, a Miami-based real estate investment banking firm, today announced that it has acted as exclusive and lead strategic M&A advisor for the sale of Dreams Villamagna Nuevo Vallarta Hotel, a luxury beachfront 229 key, in one of the most stable lodging markets.

GFG Securities provided sell-side advisory services and procured the buyer on behalf of the seller.

The Dreams Villamagna Nuevo Vallarta Hotel has 6,600 square feet of flexible event space, including five on-site restaurants, five bars, a state-of-the-art spa, fitness center, tennis courts, water sports facilities and a children’s club. In addition, the hotel offers a wide range of leisure activities.

“We are delighted with our client’s outcome, having achieved a key strategic objective for them. This reflects the confidence in GFG Securities and the team’s extensive experience and excellent execution.” said Eduardo and Mauricio Gruener, co-founders and co-CEOs of GFG Securities.

“GFG Securities was able to add value to a transaction that required financial acumen, dedication and negotiation skills to achieve a close that will benefit both buyer and seller in a form that positions both groups on a better stage for the future,” said Leon Perez, Partner at GFG Securities.

Leon Perez led the team at GFG Securities, representing the seller.

About GFG Securities, LLC

GFG Securities, LLC (“GFG Securities”) is a boutique real estate investment banking firm that assists private companies with domestic and international investment banking services, including equity and debt raising, mergers and acquisitions and strategic advisory services. Based in Miami, Florida, GFG Securities has acted as sole and lead consultant on fundraising and equity transactions exceeding $1.4 billion, with average transaction values ​​between 20 and 500 million US dollars. Visit http://www.gfgsecurities.com for company information.

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Almost everyone knows that death and taxes are inevitable. For both of these reasons, you may need life insurance. Like a Swiss army knife, life insurance can do a lot. There are several reasons why you might consider buying life insurance…

You love someone: You can use life insurance to create an estate. Here, you want the people who mean a lot to you, like your spouse and children, to be financially secure if you’re not there to make it happen. The purpose of life insurance in this situation is to act as a financial safety net.

You owe someone: Because of the guaranteed death benefit, life insurance can be very helpful when it comes to paying off debts and settling taxes owed. For example, above a certain level of wealth, inheritance tax comes into play and life insurance is often used so that the family does not have to exhaust the estate.

“Successful and wealthy people often turn to life insurance to cover property taxes,” says Vince Annable, CEO and Founder of VFO Advisory Group and co-author of Your High Performance Virtual Family Office: Maximizing Your Financial and Personal Life. “For just about everyone, and especially the very wealthy, well-structured life insurance can be a cost-effective solution to estate taxes. Additionally, people can pay for their life insurance in a variety of ways, including using pre-tax dollars.

You have a strategic need for life insurance: There are several powerful uses for life insurance in business situations. Many entrepreneurs can take advantage of life insurance to pay for executive benefits or dramatically increase the amount of money they have in retirement. You may find that buying life insurance for essential business purposes, for example, to provide the funds needed to replace a key employee or to buy out a partner’s heir, makes sense.

“There are a wide variety of ways to use life insurance to achieve personal goals,” says PJ DiNuzzo, founder and principal consultant of DiNuzzo Middle-Market Family Office and author of the Wall Street Journal bestselling book, The DiNuzzo Middle-Market Family Office™ Breakthrough: Creating Strategic Tax, Risky Cash Flow, and Lifestyle Options for Successful Private Business Owners and Affluent Families. “For example, you can use life insurance to directly create greater personal wealth by leveraging a policy’s investment account. Additionally, some people find life insurance to be a very effective way to support causes close to their hearts.

Take a decision: These three motivations can be, and often are, interrelated. Most financial concerns do not exist in a vacuum. Although there are many reasons to buy life insurance, you need to be very clear about your reasons. While you determine that buying life insurance is worthwhile, you still need to decide on the right amount of life insurance and structure it properly based on your goals.

“Too often, life insurance is oversold, causing people to buy the wrong policies as well as an excessive amount,” says Homer Smith, founder of Konvergent Wealth Partners and co-author of Optimizing Clients’ Financial Lives: Harness the Power of an Accounting Firm’s Elite Wealth Management Practice. “What’s important is that each person makes sure they get the best possible outcome, which means getting the right amount of life insurance in the best possible way. For most people, the only way to be sure they’re getting the right amount of life insurance, using the best policies for their schedules, and not paying too much is to s rely on the professionals they trust most, which are usually their accountants and lawyers.

According to Justin Breen, the engine of exclusive network BrEpic and co-author of Superior results: Maximize the value of your high-performance family office, just like the super-rich, “In addition to being advised by professionals, you should always know what you are buying. You want to make sure you understand the different options available. This includes possible alternatives to purchasing life insurance. Getting involved and asserting yourself is often a necessity. This will help you make informed decisions.

RUSS ALAN PRINCE is executive director of Private Wealth magazine (pw-mag.com) and chief content officer for High-Net-Worth Genius (hnwgenius.com). He consults family offices, quick-and-rich entrepreneurs and selected professionals.

As Manteca begins to prepare for a fourth year of drought, city leaders will have to raise fees on new homes to be built primarily in the southwest part of town to protect against flooding.

This reflects the reality that parts of Manteca – as well as all of Lathrop – are at the epicenter of California’s ongoing cycle of drought and flooding.

A 19% jump in existing single-family home fees from $3,169 to $3,770 will be factored into the price of new homes when they are sold.

The $3,770 fee will also be applied to all new homes built in the future in Lathrop that are not in the River Islands community which already has 200-year flood protection. Charges will also apply to the Weston Ranch portion of Stockton and some rural areas generally west of Airport Way and north of Lathrop.

The fee is just one way to raise money to provide state-mandated 200-year flood protection.

The fee adjustment is before City Council at its meeting Tuesday at 7 p.m. at the Civic Center, 1001 W. Center St.

Without enhanced flood protection in place, the state will freeze all development in the flood zone, including the addition of existing homes as well as commercial and industrial buildings.

It would also pave the way for mandatory — and costly — federal flood insurance for anyone buying a home using a federally guaranteed mortgage.

The initial fee of $3,169 was adopted in 2018 based on a linkage study conducted on the preliminary sketch of the necessary flood protection works.

This study valued the flood improvement works at $176.5 million.

The latest study done this year puts the cost based on a more refined project at $270.7 million.

Of the $270.7 million, $88.61 million is collected at the building permit stage for future development in the floodplain. The remainder of the cost will be covered by diverting a portion of future property tax increases from development in the affected area and possibly from a tax benefit zone that has yet to be established.

Manteca has 1,712 acres in the floodplain, Lathrop 2,195, Stockton 458, and unincorporated areas of San Joaquin County 561. The same fee applies to all affected land in the three cities and the rural area.

Manteca also hijacks part of the future

increase in property taxes to finance flood works

The 5,157 homes plus 11 million square feet of business parks and retail space that Manteca hopes to build on the 200-year-old floodplain will have the city’s general fund awash with cash.

At least that’s the conclusion of the consultant who analyzed the diversion of future property tax revenue from the city’s general fund to help cover the cost of the bonds to build $230 million in weather protection upgrades. floods to protect against a flood that has a 1 in 200 chance of occurring in a given year.

The analysis — conducted on behalf of the San Joaquin Area Flood Control Agency — is part of verifying one of three funding streams needed to implement state-mandated protection from here 2028.

It’s to divert up to 20% of any additional property tax increases that would go to the city in the affected area to help pay off the bonds over a 30-year period.

Manteca — just like other California cities — receives only a fraction of every dollar homeowners and others pay in property taxes. The rest goes to 10 other agencies, including schools at 51%, followed in decreasing installments by San Joaquin County and Delta College, among others.

The ribbon that Manteca receives varies from 7 to 14% depending on the year the property was – or is – annexed to the city. The drop in the percentage that cities receive from property taxes has been mandated by counties across the state that allow land to be annexed to municipalities.

In the case of Manteca, the financial consultant of SJAFCA used models qualified as “conservative”.

The consultant determined when every home and every square foot of retail and business parks the city can fit along much of the Airport Way corridor and a wide swath of southwest Manteca:

*Up to 20% of the city’s property tax share could be diverted to pay off bonds necessary for flood protection work.

*At the same time, Manteca could maintain the current level of municipal staffing, such as the number of workers, including the police/population ratio, as well as the current conditions of streets, parks and other general fund expenditures .

* End up with an “extra” $14.2 million a year in the general fund from the affected area’s property taxes after the money was diverted to repay bonds and spent to maintain the current level of services.

The property tax that would be diverted would represent up to 20% of the additional annual base.

If 2023 becomes the base year, the affected cities — Lathrop, Stockton and Manteca — as well as San Joaquin County — would retain 100% of their pre-2023 property tax cut.

After these 20% increases, whether from new construction, the maximum annual 2% increase in property assessment allowed under Proposition 13 for homes and the like that have not sold, and the readjustment to market value when homes sell would go to the flood agency to pay off the bonds.

The largest gain in long-term property valuation would come from the resale of homes. Typically, Americans sell their homes on average every eight years according to the National Association of Realtors. In California, the churn rate is closer to five years.

South Manteca is now seeing examples of homes that sold new for $450,000 15 years ago and bought for $1.1 million or more. Thus, the property assessment on which the property taxes are based is readjusted upwards to reflect the new market value.

The Enhanced Infrastructure Funding District (EIFD) that the Property Tax Diversion will fund is one of three funding mechanisms needed for what could end up being a 100% locally funded flood control project.
Development fees are already in place for new builds. In areas of Manteca that are within the 200-year flood zone, this fee is:

*$3,770 per single family home.

*$1,095 per unit for multi-family constructions such as apartment complexes.

*$1,713 per 1,000 feet of trade.

*$1,113 per 1,000 feet of industrial parks (commercial parks).

Upon construction of new construction, the affected area in Manteca is expected to generate $26.9 million to fund the flood control project.

A third funding tool is a proposed tax overlay district that would be a new tax on all properties in the Mossdale Tract.

Areas outside of the Mossdale Tract in the Tri-Cities will not be affected by flood-related development charges, the diversion of additional property tax increases, or the new tax that an assessment district would impose. in superposition.

To contact Dennis Wyatt, email [email protected]

Content of the article

TORONTO, Sept. 15, 2022 (GLOBE NEWSWIRE) — Toubani Resources Inc (TSX-V: TRE, OTC: AGGFF, FRA: 3A61) (“TRE“or the”Company”) announces that, subject to obtaining final approval from the TSX Venture Exchange (the “TSXV“), it retained Jane Morgan Management Pty Ltd. (the “Consultant“), an Australian consultancy firm, to provide investor and media relations services on a non-exclusive basis (the “Consulting Agreement”). The purpose of the advisory agreement is to raise awareness of the company within the global investment community.

Content of the article

Danny Callow, Chairman and CEO of Toubani Resources Inc, comments:
“We are delighted to have Jane Morgan Management on board who brings impressive experience in investor relations activities in Australia and the Far East. As we transition to a dual listing on the ASX, a partnership with a company of the caliber of Jane Morgan Management is essential in helping us communicate our very exciting story to a wider audience.We look forward to the networking and marketing opportunities that Jane Morgan Management will create and believe this is a another positive step in the strategic direction of our company.

Content of the article

The consultant has been hired at a rate of CA$7,500 per month for an initial period of three months, after which the rate will be reviewed. The Consulting Agreement is for an initial term of three months which thereafter will automatically extend month-to-month, unless earlier terminated at any time by either party with 30 days written notice. Neither the Consultant nor any of its directors, officers or employees have any interest, directly or indirectly, in the Company or its securities, nor any right or intention to acquire such interest.

Content of the article

Please contact Daniyal Baizak at the email address listed below or the phone number provided if you have any questions about the Consulting Agreement.

About Toubani Resources Inc.

Toubani Resources is a TSX Venture Exchange (TSX-V: TRE) listed exploration and development company focused on building Africa’s next mid-tier gold producer. The company has a highly experienced board and management team with a proven track record in the African mining sector operating mines from development to production.

Toubani Resource’s main asset is the Kobada project in southern Mali, which is at an advanced stage of development having completed a definitive feasibility study in 2021. For more information on Toubani Resources, visit our website at www.toubaniresources.com.

Content of the article

For more information:

Danny Callow
President and CEO
+ (27) 76 411 3803
[email protected]

Daniel Baizak
Vice President, Corporate Development
+1 (647) 835 9617
[email protected]

Warnings

This press release contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements regarding the completion of the consulting agreement, the receipt of regulatory approvals, the estimated completion time of the consulting agreement, the estimated duration of the consultation agreement, the expansion of mineral resources and reserves and the Company’s drilling and exploration plans. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is planned”, “budget”, “expects”, “estimates”, “plans”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of these words and expressions or statements that certain actions, events or results “could”, “could”, “would”, “could” or “will be taken”, “will occur” or “will be carried out”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, level of activity, performance or achievements of AGG to differ materially from those expressed or implied by such forward-looking information, including but not limited to: receipt of necessary approvals from the TSX-V and Canadian regulatory authorities; general business, economic, competitive, political and social uncertainties; future prices of mineral prices; accidents, labor disputes and shortages; infrastructure and supplies available; the COVID-19 pandemic and other mining industry risks. Although AGG has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. . There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. AGG does not undertake to update forward-looking information except in accordance with applicable securities laws.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS ITS TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE .

James Bruce Donaldson, 93, of Lake Leelanau, died suddenly on Wednesday August 10, 2022 at his home. Bruce was planning to celebrate his 100th birthday and, given his tenacious and determined character, his family and friends expected no less. The sudden loss of a loving husband, father, uncle, grandfather, great-grandfather, colleague and friend is felt by many.
Bruce was born on February 15, 1929 in Washington, DC, the son of James and Kathleen Donaldson. He attended Huron High in Huron, Ohio before receiving a scholarship to Fenn Collage in Cleveland, Ohio, earning a degree in chemical engineering in 1951.
From there he took a job with Goodyear Tire & Rubber in Akron, Ohio and continued with the company until 1975. His work at Goodyear took him to India where he served as Chief Technology Officer and had the honor of working briefly alongside Mother Teresa. It was during this time that her only child Kim was born.
After his tenure at Goodyear, Bruce moved north and purchased the Busy Bee Lumber Yard in Greilickville, Michigan, which he ran until it was sold in 1993. Around this time, he started his advice; JBD Management served as financial advisor and business consultant for Shugart Builders until his retirement in 2007.
On February 14, 2009, he married his longtime partner, Jane (Trezise) Donaldson, in an intimate ceremony at their home.
Those who knew and loved Bruce well knew that there was no place on earth that made him happier and more contented than his house on the hill (except a trip to Grand Cayman from time to time). A voracious reader, he spent many happy days reading quietly and “walking” around the yard to check on the progress of his many trees and plants. It was well known that Bruce was perfectly content with his own and his wife’s company and needed little socializing.
He was constantly and adamant himself, making room in his quiet life for those he loved to share a stiff drink, a cup of strong coffee, or a good round of gin rummy. His keen sense of humor and optimistic nature made him an interesting conversationalist, and his keen business acumen a source of wisdom and advice that will be forever missed.
Bruce is survived by his wife, Jane; his daughter, Kim (Richard) Balke; his stepdaughters, Sarah (Matt) Peschel, Katherine (Julian) Feick; his grandchildren, David Fear, Dana Fear; step-grandchildren, Beau Peschel, Linden Peschel, Evelyn Feick, Edith Feick; his great-grandchildren, Reece Fear, Allison Fear, Cielle Fort, Leland Fort, Vida Fort; niece, Patty Hughes; and his friends, Dennis (Erika)Fergurson and Fred Schlegal.
His parents predeceased him; one brother, James R. Donaldson; special parent, Rex Hughes; and special friend, Steve Galla.
A celebration of Bruce’s life will be held at the Donaldsons’ home on September 24 from 11 a.m. to 2 p.m.
Please share your memories and condolences with Bruce’s family at www.martinson.info
Arrangements are with Martinson Funeral Home and Leelanau Cremation Services.

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He belongs to the new generation of entrepreneurs in Greece, succeeding thanks to a business structure he created to reach 3 million euros in annual turnover in five years, compared to 50,000 euros when he started out. At a time, Chris Tsounis is one of Greece’s best-known YouTubers. Amid the Covid-19 pandemic, he started running his own YouTube channel to talk about the two things that excited him the most: business and investing.

The channel was unexpectedly successful and was followed by content production platform “Financial Greeks” with a corresponding YouTube channel. Financial Greeks was an attempt to unite all Greek financial influencers under one channel. Nowadays has become one of the largest digital marketing networks in Europe. Mr. Tsounis’ goal is to establish the ‘Financial Europeans’ brand as the premier financial influencer network in Europe.

If you want to know more about Chris Tsounis and his business endeavors, continue reading the interview with CEOWORLD magazine:

Q: JNBC was founded in 2018 to provide consulting services. How did the company manage to expand its activities to such an extent that it now has 4 companies under its “umbrella”?

Chris Tsounis: JNBC was founded at a pivotal time in my career. I had already created several companies before and wanted to bring everything together. JNBC was to become a holding company from day one. We focused on providing certain services until we were big enough to create separate entities.

1st came WeCommerce, our e-commerce agency. With this entity, we focused on development, management and advertising services for e-commerce platforms. Today, the company operates a number of highly successful e-commerce platforms in various B2C and B2B markets.

Almost a year later, I used our e-commerce experience to launch a new online store, anystore.gr. Thus ANYSTORE PRIVATE COMPANY was born and became the commercial department of JNBC. The main activities of the company are wholesale and retail trade through the online store www.anystore.gr. In June 2021, www.sofabox.gr was created, the company’s second online store with linen, decoration and furnishing products.

Shoppingway came third as another electronic store operator and currently manages the online stores www.mycasa.gr and www.spitimarkt.gr. www.mycasa.gr is the biggest online store for decoration and home equipment in Greece. www.spitimarkt.gr focuses on furniture, offering high quality at affordable prices.

Finally, the crown jewel of JNBC is Financial Greeks (currently Financial Europeans), a company which, in its early days, focused on content creation services, management of YouTube channels and other social media as well as the management of online advertising space in Greece and other European countries.

Thus, currently, the main activities of JNBC are the management of subsidiaries, the management of royalties and consulting services.

I believe it was the natural course of things. If you want to evolve, you have to get out of your comfort zone. The current state of JNBC is the snowball effect that has happened since I intended to scale my business. This structure has allowed us to go from €50,000 to €3,000,000 in annual turnover in just 5 years.

We are so happy with our growth!

Q: Financial Greeks is the best known of your companies because of the videos you upload to YouTube. What was the trigger for your collaboration with YouTube?

Chris Tsounis: In March 2020, at the very beginning of the Covid pandemic and the start of global lockdowns, I decided to use my free time to create my YouTube channel. My businesses were closed and I found the opportunity to start a side project to talk about the two things that excited me the most: business and investing. Outside of Greece investment channels and financial influence were starting to explode and I thought there was a lack of a Greek Youtube channel on these issues. So I jumped the gun and started.

To be honest, I never thought it would get this big so fast.

A year and a half later, a new channel was created: Financial Greeks. It was an attempt to unite all Greek financial influencers under one channel. What started as a common roof of financial influence has grown into one of the largest digital marketing networks in Europe.

Q: What did you study? Would you consider selling Quizdom as a career milestone?

Chris Tsounis: My bachelor’s degree is in Technology Management – Business Administration and Management. I did my Masters in Innovation and Entrepreneurship – Entrepreneurship but never graduated as I dropped out to pursue my career as an entrepreneur. At that time, I was scaling yourse.gr, which was my first entrepreneurial venture.

When I got involved in Quizdom, I already had many years of entrepreneurial experience. Triantafullos Xylouris, in 2017, suggested I take the CEO position at Quizdom. We had worked together in the past, but I was more of an outside consultant than a team member. It was a big step forward in my career, because all of a sudden I had a fully dedicated team to work with and budgets were skyrocketing. The transactions then amounted to thousands of euros.

Quizdom was an interesting experience and shaped me into the entrepreneur I am today. It was my first big hit! I would like to believe that I have actively contributed to the transformation of the platform into a unified global application in 5 countries.

Q: Can you tell us how Financial Greeks works, how it has grown today and what are your future plans?

Chris Tsounis: Simply put, we are a network of financial influencers. We tackle the hardest part every creator faces. Funding. In general, we cover both the needs of the creator and the sponsor. The sponsor pays to be promoted by the creator. We take care of everything. Transaction flow, payments, quality of deliverables, conversion rate, etc. We can now create a content creator from scratch. Find the right name, channel, content, sponsors, build their public image, social media, everything. Generally speaking, as Greek financiers, it is our duty to help new creators under our umbrella, to monetize their channel in the most efficient way. At the same time, we help financial brands to penetrate all the European markets in which we are present: Greece, Italy, Spain, Germany, United Kingdom, etc.

Our plan is to establish the “Financial Europeans” brand as the leading financial influencer network in Europe.

Q: You have just published a new book. Can you tell us more about the title and content? How many books have you published so far?

Chris Tsounis: The book is called “Τα 4 βήματα του πλούτου” which translates to “The 4 Stages of Wealth”. This is my only post to date.

The book is a simple and comprehensive guide on how to get your personal finances in order: from writing down your own expenses to start saving money and investing.

The topic of how an individual can achieve financial freedom is scattered throughout the book and even the most difficult concepts are explained with simple language and plenty of examples so that even a child can understand them. And one very important thing! The book does not promise riches in the months or even years to come. The book proposes a long and steady process, which will last a decade or more.

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The Second Circuit recently joined the Third, Fifth, Sixth, Seventh, Ninth, and Eleventh Circuits in adopting the “continuing concealment” doctrine for Chapter 7 bankruptcy proceedings where denial of discharge is sought pursuant to 11 USC § 727 (a)(2)(ONE). Section 727(a)(2)(A) bars Chapter 7 debtors from discharging their debts where the debtor is shown to have concealed assets “within one year before the date of the filing of the petition” and “with the intent to obstruct, delay, or defraud a creditor. Under the doctrine of continuing concealment, first approved by the Second Circuit in Gasson c. Premier Capital, LLC43 F.4th 37 (2d. Cir. 2022), a debtor can still be convicted of intentionally concealing assets under section 727(a)(2)(A) when the concealment began earlier “as long as the debtor has authorized the assets to remain hidden during the critical year” and maintained “inappropriate subjective intent during the year preceding the bankruptcy”.^[1] This decision clarifies the applicability of the doctrine of continued concealment in § 727(a)(2)(A) for Second Circuit bankruptcy courts, some of which were already following the doctrine as set forth in other circuits,^[2] and this has important implications for creditors and debtors as they seek to challenge the enforceability of debts in the Second Circuit in the future.

gasson involved a debtor-appellant named Anthony Gasson, an independent financial consultant who began facing financial difficulties in the mid-1990s after personally guaranteeing the debts of three bankrupt companies. Gasson eventually became liable for the companies’ debts, resulting in the entry of three judgments against him for a combined total of nearly $600,000. Amid his financial turmoil but before the judgments were handed down, Gasson and his wife attempted to “get a fresh start” by establishing a consulting business known as Soroban Inc. (“Soroban”).^[3] Gasson used Soroban to continue providing his financial advisory services, although the company was in principle owned by his wife, who also served as chair of Soroban’s board. Gasson’s wife, however, had little or no involvement in the day-to-day operations of the business and continued to work as a full-time nurse during the relevant period. Gasson, on the other hand, retained control of the company’s operations and finances and was its only employee. In 2009, Soroban reported annual revenue in excess of $200,000, the majority of which allegedly came from Gasson’s consulting services.

In 2011, creditor-respondent Premier Capital LLC (“Premier”) had acquired the judgments against Gasson, and it began seeking to recover them. On September 27, 2012, however, Gasson filed for Chapter 7 bankruptcy in the Southern District of New York, seeking discharge from his personal debts. Gasson did not signal his interest in Soroban in his bankruptcy timeline or in his response to the prime minister’s subpoena served on him just four months before his petition was filed. Accordingly, Premier commenced adversarial proceedings against Gasson in the bankruptcy case arguing, among others, that Gasson’s debts should not be discharged pursuant to 11 USC § 727(a)(2)(A) because he concealed his interest in Soroban with the intent to embarrass his creditors. Following a trial, the bankruptcy court ruled that section 727(a)(2)(A) applied to the discharge from the bar in Gasson’s case because although Soroban was trained in 2001, Gasson’s efforts to conceal his interest in Soroban from creditors had persisted into the year before his bankruptcy filing was opened. Gasson appealed the bankruptcy court’s denial of the discharge order to the District Court, which upheld, and then to the Second Circuit arguing, among othersthat the bankruptcy court erred in applying the theory of continued concealment to the facts of the case.

The Second Circuit began its review in gasson upholding the findings of the bankruptcy court that Gasson had a proprietary interest in Soroban and that he concealed that interest with the intent to embarrass his creditors. Turning to the question of whether Gasson’s concealment conduct fell within the relevant one-year period, the Court recognized that other circuits follow the doctrine of continuing concealment in this context, and it then formally adopted the articulation of the Third Circuit doctrine set forth in Rosen v. Bezner, 996 F. 2d 1527, 1531 (3d Cir. 1993) as Second Circuit law. According to this articulation of the doctrine, “a concealment will be found during the year preceding the bankruptcy even if the initial act of concealment took place before this period of one year as long as the debtor allowed the property to remain concealed within the critical year,” and provided that “the party opposing the discharge must still prove abusive subjective intent within the year prior to the bankruptcy.”^[4] Turning to Gasson’s case, the Court concluded that the standard had been met in light of the facts on the record which established that “[Gasson]the manner in which its financial affairs have been conducted has persisted in the year preceding [his] bankruptcy filing”. ^[5] This included Gasson’s failure to declare his interest in Soroban in his response to the Prime Minister’s subpoena or in his schedules filed in the bankruptcy.

Looking forward, gasson establishes that Chapter 7 debtors who have a history of concealing real estate interests with the intention of obstructing, defrauding or delaying their creditors will find it more difficult to rely on the one-year statute of limitations at § 727(a)(2)(A) to defend against a creditor who opposes discharge in the Second Circuit. Although some lower Second Circuit bankruptcy courts have already followed the doctrine of continued concealment, gassonThe formal adoption of the doctrine as Circuit law strengthens the ability of creditors to rely on it when objecting to the discharge pursuant to § 727(a)(2)(A).

FOOTNOTES

^[1]Gasson c. Premier Cap., LLC43 F.4e 37, 45 (2nd Cir. 2022) (quoting Rosen v. Bezner996 F.2d 1527, 1531, 1533 (3rd Cir. 1993).

^[2]See, for example., Flushing Savings Bank, FSB v. Vidro (In re Vidro), 497 BR 678, 690 (Bankr. EDNY 2013); Pereira v. Gardner (In re Gardner)384 BR 654, 663 (Bankr. SDNY 2008); Nate B. & Francis Spingold Found., Inc. v. Halperin (In re Halperin)215 BR 321, 331 (Bankr. EDNY 1997); Congress Talcott Corp. vs. Sicari (In re Sicari), 187 BR 861, 871-80 (Bankr. SDNY 1994).

^[3]Gasson, 43 F.4e at 39-40.

^[4]Identifier. at 1533.

^[5]Identifier. (quoting Premier cap. LLC v. gasson (In re Gasson)no. 12-23703, 2018 WL 6603737, at *16-17 (Bankr. SDNY Dec. 13, 2018)).

Kwasi Kwarteng was named Chancellor of the Exchequer on Tuesday night as Liz Truss installed her close allies in senior government posts and weeded out supporters of her leadership rival Rishi Sunak.

Britain’s new prime minister has rewarded his supporters with high-profile cabinet roles and brushed off harsh criticism in a sweeping reshuffle, much of which was leaked before he arrived in Downing Street.

Kwarteng, who served as business secretary in Boris Johnson’s government, shares Truss’s free-market economic outlook and reformist zeal. He was chosen to oversee the response to the energy and cost of living crises.

Thérèse Coffey, one of Truss’s closest friends and allies in politics, was appointed Health Secretary and Deputy Prime Minister. She served as Work and Pensions Secretary for most of Johnson’s time in government and chaired the new prime minister’s leadership campaign.

James Cleverly, a former Foreign Secretary and briefly Education Secretary, was promoted to Foreign Secretary. Suella Braverman, who opposed Truss for the conservative leadership, was promoted to secretary inside her former job as attorney general.

Truss has yet to offer senior Sunak supporters a major cabinet post, with allies suggesting she will only go to those in junior ministerial ranks who have not backed her campaign.

Wendy Morton, who helped rally support from MPs during Truss’s leadership campaign, has been named chief party management whip. Jacob Rees-Mogg has been promoted from minister for Brexit opportunities to business secretary, responsible for energy policy.

Brandon Lewis, another key Truss backer, becomes Justice Secretary and Lord Chancellor, while Simon Clarke has been given the role of Cabinet Leveling Secretary. Chloe Smith, the Minister for Disability, takes charge of the work and pensions file,

Kemi Badenoch, who opposed Truss for the leadership, was appointed to the cabinet for the first time as trade secretary. Penny Mordaunt, who also stood for the competition, returned to the cabinet as leader of the House of Commons. Nadhim Zahawi, who briefly served as Chancellor, was appointed Chancellor of the Duchy of Lancaster and Minister for Equality.

Jake Berry was given the role of chairman of the Conservative party, while Ben Wallace, secretary of defense, remained in office as one of the few survivors of the Johnson cabinet. Alok Sharma was also retained as President of COP26. Lord Nicholas True has been appointed Leader of the House of Lords.

Truss spent his early hours in Downing Street sacking many prominent Sunak supporters, including former Deputy Prime Minister Dominic Raab, Transport Secretary Grant Shapps and Environment Secretary George Eustice. Johnny Mercer, Minister for Veterans Affairs, also announced he would be leaving government and hinted that he might quit politics.

Truss also appointed his team of senior Downing Street political advisers, with veteran Conservative Party strategist Mark Fullbrook, who led his leadership campaign, as chief of staff.

The new prime minister has brought trusted allies into government to fill political advisory roles. Ruth Porter, chief executive of consultancy FGS Global, will be deputy chief of staff for Number 10 while Iain Carter, a former Conservative Party research director, will be in charge of strategy.

Truss will upend Number 10’s communication operation by splitting the lead role. Adam Jones, his media adviser to the Foreign Office and leadership campaign, will serve as political director of communications, while Simon McGee, a senior civil servant, will take on the role of director of government communications.

Jason Stein, who groomed Truss for the proceedings during the contest, will serve as a special adviser, along with Jamie Hope, who will leave the Foreign Office to become its policy director. Sophie Jarvis, a longtime confidant of Truss, will serve as his political secretary.

Matt Sinclair, a director at Deloitte and former head of lobby group TaxPayers’ Alliance, will serve as Truss’ chief economic adviser. John Bew, who served as Johnson’s senior foreign affairs aide, will stay on – one of the few aides to be retained from Johnson’s Downing Street.

Kwasi Kwarteng

Chancellor of the Exchequer

The MP for the seat of Spelthorne, Surrey, has recently converted to the importance of state intervention, first as energy minister and then as business secretary, overseeing a big part of the UK’s transition to a low carbon economy. In 2012, Kwarteng co-wrote with Truss a pamphlet called “Britannia Unchained,” espousing the primacy of free markets and the power of capitalism.

As business secretary, he drew up plans to reform oversight of the big four auditors, which had been held up by Downing Street. The son of Ghanaian parents, he earned a scholarship to Eton College and studied classics and history at Cambridge University. He was the first black Conservative MP to head a ministry.

Therese Coffey

Deputy Prime Minister and Secretary of Health

Coffey, a longtime Truss ally, has been a Westminster figurehead since being elected in the coastal constituency of Suffolk in eastern England in 2010.

Coffey’s first high-level cabinet post was Secretary for Work and Pensions under the Johnson administration, having held junior government posts, such as Deputy Leader of the House of Commons and Parliamentary Under Secretary of State to the environment between 2015 and 2019.

james shrewdly

Foreign Secretary

Elected to Parliament in 2015, Cleverly has held junior ministerial posts, including Minister of State for the Middle East and North Africa, and Minister for Europe and North America. An avid Brexiter, Cleverly also served as Parliamentary Under-Secretary in the Department for Exiting the European Union.

He got his first job with the cabinet in the summer of 2022, as education secretary. He supported Truss throughout the leadership race, praising his “bold and optimistic plan for the economy”.

Suella Braverman

house secretary

Since entering parliament in 2015, Braverman has aligned herself with the eurosceptic wing of the Conservative Party, chairing the European Research Group. Under Theresa May, she served as Parliamentary Under-Secretary in the Department for Exiting the European Union, but resigned following proposals to introduce a backstop at the Northern Irish border.

In 2020 she became the second woman to be appointed Attorney General of England and Wales. She was ousted in the second leg of the leadership contest.

Jacob Rees Mogg

business secretary

After playing a key role in May’s defenestration by the ERG group of Eurosceptic MPs, Rees-Mogg rose to cabinet status under Boris Johnson. His impeccably courteous, quasi-Victorian manner belies a set of steely right-wing beliefs on issues ranging from trans rights to the economy.

As business secretary, he will have to carry out market-friendly reforms and cut red tape. His nomination could cast doubt on the UK’s goal of net zero carbon emissions by 2050. He has previously argued that voters don’t want ‘windmills’ and that the humanity should focus on adapting to climate change instead of trying to stop it.

Kemi Badenoch

commercial secretary

The 42-year-old is a newcomer to Westminster, having been elected to her Essex seat from Saffron Walden in 2017. Badenoch is seen as a rising star in the party after serving in junior ministerial posts in the Equalities Office and in the Department of Education.

In July, Badenoch was one of more than 40 ministers to resign from government in protest at Johnson’s handling of misconduct allegations. Although she was eliminated in the fourth round of the leadership race, Badenoch’s advocacy of free markets and her tough stance on so-called culture war issues, such as gender politics, made her popular among the right of the conservative base.

Chloe Smith

secretary for work and pensions

Smith – who, like the new Prime Minister, represents a seat from Norfolk – is a new face in the cabinet having previously held a series of junior ministerial posts, including Minister for the Constitution, Under Secretary of State for Northern Ireland and Economic Secretary of the Treasury.

A former management consultant, she first entered parliament in a by-election in 2009. Described by friends as “quiet” and “diligent”, Smith’s early career took a hit when she struggled to answer Jeremy Paxman’s aggressive fuel duty questions on Newsnight.

SINGAPORE – Media outreach – September 5, 2022 – Spackman Entertainment Group Limited (there “Band“), a leading Korean entertainment production group founded in 2011 by media and technology investor Charles Spackman, would like to announce that LITTLE WOMANtitled by Wi Ha-jun of MSteam Entertainment Co., Ltd. (“MSteam“), a wholly owned subsidiary of the Group’s associated company, Spackman Media Group Limited (“Spackman Media Group“), number 1 premieres in the ratings.

LITTLE WOMAN, which was released over the weekend, ranked No. 1 for the same time slot with an average viewership of 7.7% with a high of 9.0% nationwide according to Nielson Korea, a research company on the audience.

Filmed in Korea and Singapore, LITTLE WOMAN, with Spackman Media Group’s Wi Ha-jun, airing on tvN and Netflix. It is based on the 1868 novel of the same name by Louisa May Alcott and tells the story of three poor sisters who meet an elite-trained financial consultant (played by Wi Ha-jun of Spackman Media Group) and their face- head-to-head against one of Korea’s richest and most powerful families. Kim Goeun from THE KING: ETERNAL MONARCH (2020), THE SHINING GOD ALONE – GOBLIN (2016-2017) and TRAP CHEESE (2016) plays the other main role in the drama K.

LITTLE WOMAN features iconic Singapore landmarks such as Marina Bay Sands and The Fullerton Hotel. The tvN K drama is directed by Kim Hee-won and produced by Studio Dragon.

In February 2022, Wi Ha-jun of Spackman Media Group was chosen as the South Korean ambassador for Swiss luxury watchmaker TAG Heuer, and in January 2022 he was named ambassador for his hometown, Korea’s Wando-gun. from South. Wi Ha-jun has been selected as an ambassador for the American premium casual brand BEENTRILL and posted a beauty photo shoot with YSL Beauty in December 2021.

Previously, Wi Ha-jun starred in the original Korean series, CATALMAR GAME (2021), the #1 show in over 90 countries including the US and Korea on Netflix. Thanks to his role as Hwang Jun-ho, a policeman from CATALMAR GAME (2021)Wi Ha-jun has become an internationally recognized actor.

Wi Ha-jun also starred in a very popular K-drama BAD AND CRAZY (2021)which reached No. 1 in the ratings for its timeslot for consecutive weekends after its release on December 17, 2021. Additionally, it headlined the Korean crime thriller MIDNIGHT (2021), which received the Best Feature Award at the 13th UK Grimmfest Film Festival.

In addition to Wi Ha-jun, MSteam also represents iconic Korean actress Son Ye-jin, who starred in a hit romantic drama CRASH LANDING ON YOU (2020) and Best Actress Lee Min-jung, who won the Excellence Award at the 2020 APAN Star Awards.

Hashtag: #SpackmanEntertainmentGroup

About Spackman Entertainment Group Limited

Spackman Entertainment Group Limited (“SEGL“or the”Company“), and with its subsidiaries, (the “Band“), is one of the leading entertainment production groups in Korea. SEGL is principally engaged in the independent development, production, presentation and financing of motion pictures in Korea.

The company was founded in 2011 by renowned media and technology investor, Charles Spackman, who served as the company’s Executive Chairman until 2017. For the past two decades, Mr. Charles Spackman has been a powerhouse in the Korean entertainment industry beginning in the early 2000s with the pioneering success of Sidus Pictures, the largest film production company at the time and the first to list in Korea. Mr. Spackman is also the Founder, Chairman and CEO of the global investment firm Spackman Group. For more information, please visit http://www.charlesspackman.com and https://spackman-group.com/charles-spackman.

Since its establishment, SEGL has produced more than 30 major motion pictures, including a number of the highest-grossing and award-winning films in Korea, namely #LIVING (2020), CRAZY ROMANCE (2019), DEFAULT (2018), MASTER (2016), THE PRIESTS (2015), SNOWDROPS (2013), COLD EYES (2013) and ALL ABOUT MY WIFE (2012).

Our films are distributed and released theatrically in Korea and overseas markets, as well as for subsequent post-theatrical worldwide release in other forms of media, including online streaming, cable television, broadcast television, IPTV, video on demand and home video. /DVDs, etc. Generally, we release our films in a major theatrical exhibition first in Korea, then in overseas and ancillary markets.

The Group also invests in and produces Korean television dramas. In addition to our content business, we also hold interests in entertainment-related companies and film funds that can financially and strategically complement our existing core businesses. SEGL is listed on the Catalist of the Singapore Exchange Securities Trading Limited under the symbol 40E.

Production labels

SEGL owns Novus Mediacorp Co., Ltd. (“Novus Mediacorp“), investor, broadcaster and/or post-theater distributor for a total of 79 films (58 Korean and 21 foreign) including ROSE OF TREASON, THE OUTLAWS and SECRETLY, A LOTwhich was one of the biggest box office hits of 2013 starring Kim Soo-hyun from MY LOVE OF THE STARSas good as FRIEND 2: THE GREAT LEGACY. In 2012, Novus Mediacorp was also the distributor of post-theatrical rights ALL ABOUT MY WIFE, a highly lucrative romantic comedy produced by Zip Cinema. In 2018, THE OUTLAWSco-presented by Novus Mediacorp, broke the all-time highest video-on-demand record (“VOD“) Sales records in Korea. For more information, please visit http://novusmediacorp.com

The Company holds a 100% interest in Simplex Films Limited (“Single-sided films“) which is an early stage film production company. Simplex Films’ first film, JESTERS: THE GAME CHANGERS (2019), was released in Korea on August 21, 2019. Simplex Films has several film line-ups including HURRICANE BROTHERS (working title).

The Company holds a 100% interest in Take Pictures Pte. ltd. (“Take photos“) who produced STONE JUMP (2020) and THE BOX (2021), and will publish THE GUEST in 2022 provisionally, and A MAN OF REASONwith previous job title GUARDIAN, in the fourth quarter of 2022 or the first quarter of 2023 in Korea.

The Company holds a 100% interest in Greenlight Content Limited (“Green light content“) whose main activity consists of investing in fiction and films, as well as providing consultancy services for the production of Korean content. Thanks to the acquisition of Greenlight Content, the first fiction co-produced by the Group, MY SECRET TERRIUS, starring Korean star So Ji Sub, reached No. 1 in the drama ratings for its timeslot and recorded double-digit ratings for its highest ratings. Greenlight Content was one of the main investors of MY SECRET TERRIUS.

The Company holds a 20% stake in The Makers Studio Co. Ltd., which plans to produce and broadcast four upcoming films, the first of which will be GHOST ISLAND OF GLAMORa comedy horror movie.

Talent Representation

The Company holds a 43.88% effective interest in Spackman Media Group Limited (“SMGL“). SMGL, a company incorporated in Hong Kong, together with its subsidiaries, is collectively one of the largest entertainment talent agencies in Korea in terms of the number of artists under management, including some of the biggest names in the industry. Korean entertainment industry SMGL operates its talent management business through renowned agencies such as MSteam Entertainment Co., Ltd. (Son Ye-jin, Wi Ha-jun, Lee Min-jung, Ko Sung-hee ), SBD Entertainment Inc. (Son Suk-ku, Han Ji-hyun, Lee Cho-hee, Park Keun-rok), UAA&CO Inc. (Kim Sang-kyung, Kim Hye-ri, Kim Ji-young, Wang Ji- won), Play Content Co., Ltd. (Kang Min-ji, Hwang-hwi) and Kook Entertainment Co., Ltd. (Baek Si-won, Shin Ji-woong). Korea, SMGL represents and guides the professional careers of a roster of award-winning actors/actresses in the practice areas of film, television, commercial endorsements and branded entertainment SMGL takes part i of its unparalleled portfolio o artists as a platform to develop, produce, finance and own the highest quality entertainment content projects, including motion pictures, variety shows and television series. This platform also creates and derives opportunities for SMGL to make strategic investments in early-stage companies that can collaborate with SMGL artists. SMGL is an associated company of the Company. For more information, please visit http://www.spackmanmediagroup.com

The Company holds a 100% interest in Constellation Agency Pte. ltd. (“Constellation Agency“). Constellation Agency, owner of The P Factory Co., Ltd. (“The factory P“) and Platform Media Group Co., Ltd. (“PMG“), is primarily involved in the overseas agency business for Korean artists venturing into the overseas market. The P Factory is an innovative marketing solutions provider specializing in the production of event and branded content PMG is a talent management agency that represents and manages the careers of major artists in film, television, commercial endorsements and branded entertainment.

Strategic companies

The Company also operates a coffee shop, Upper West, in Seoul’s Gangnam district and owns a professional photography studio, noon pictures Co., Ltd.

For more details, please visit http://www.spackmanentertainmentgroup.com/

September 1, 2022 – TheNewswire – Electric vertical take-off and landing (eVTOL) aircraft are growing in popularity. Customers and investors are looking for cleaner and more environmentally friendly means of transport in the future.

Urban air mobility offers the solution because these electric planes have the ability to take off and land in small spaces, are relatively cheaper to operate, and allow consumers to avoid congested ground traffic. The best factor is that eVTOL aircraft are battery operated, making them carbon neutral.

Morgan Stanley analysts have suggested that the eVTOL market could be valued at over $1 trillion by 2040 and up to $9 trillion by 2050. The company also said that eVTOL can serve a wide range of markets, from passenger travel to military applications. to the transport of goods.

Here are five eVTOL companies to watch in 2022:

1. Joby Aviation ($JOBY)
Joby Aviation is a California-based transportation company developing an all-electric vertical take-off and landing aircraft, which it intends to operate in fast, quiet, and convenient service in cities around the world.

The company recently announced an extension to its existing contract with the US Air Force’s Agility Prime program which increases the potential value of the contract by more than $45 million. The contract also expands the company’s defense partnerships to include the US Marine Corps, which will participate in government-led flight testing and use case exploration.

Joby’s engagement with government partners will reinforce the company’s primary goal of launching a commercial passenger service by providing access to testing facilities, first operational experience for government customers and partial compensation for research costs. and development of society.

Joby Aviation shares trade on the NYSE under the ticker symbol JOBY.

2. Eve Holding ($EVEX)
With over 50 years of aerospace experience, Eve Holding takes a holistic approach to advancing the urban air mobility ecosystem. The company has an advanced eVTOL project, a comprehensive global service and support network, and a unique air traffic management solution.

Eve Holding plans to conduct its first North American simulation of urban air mobility using helicopters powered by Blade Air Mobility (NASDAQ listing: BLDE), replacing an eVTOL. The company aims to study the operations, ground services, passenger journeys and needs of eVTOL operators, creating more accessible and faster connections through downtown Chicago. The company will conduct its Chicago UAM simulation over a three-week period, beginning with ground testing and passenger flights.

Shares of Eve Holding trade on the NYSE under the ticker symbol EVEX.

3. Vertical Aerospace ($EVTL)
Vertical Aerospace was founded in 2016 by Stephen Fitzpatrickr. Over the past five years, the company has been focused on building the most experienced and experienced team in the eVTOL industry.

Vertical Aerospace recently announced a partnership with Babcock International to explore new applications for the company’s VX4 eVTOL aircraft. Babcock has over thirty-five years of EMS experience, flying thousands of missions each year around the world. The new partnership will examine the possibilities of using the VX4 in vital services such as accident management and emergency transport between hospitals.

The VX4 aircraft has also proven itself in passenger markets with established customers such as Virgin Atlantic, Avolon, Bristow and Iberojet.

Vertical Aerospace shares trade on the NYSE under the ticker symbol EVTL.

4. Archer Aviation ($ACHR)
Archer Aviation, based in Santa Clara, Calif., designs and develops eVTOLs for use in strategic urban air mobility networks. Archer’s goal is to move people around the world’s cities quickly, safely, sustainably and cost-effectively.

The company recently announced the successful completion of its “critical azimuth” flight tests, marking the completion of the second of three key phases of flight testing. The purpose of these tests is to validate the crosswind capabilities of Archer’s eVTOL aircraft configuration and flight control systems. The company has now managed to fly Maker at increasing speeds of up to 15 knots in various directions and attitudes.

Archer Aviation shares trade on the NYSE under the ticker symbol ACHR.

5. Lilium ($LILM)
Lilium is accelerating the decarbonization of air transport with planned launch networks announced in Germany, the United States and Brazil. The company says its Lilium Jet offers peak capacity, low noise and high performance with zero operating emissions.

The company recently selected Diehl Aviationa leading supplier of cabin interiors and systems to the aviation industry, to collaborate on the design and development of Lilium’s jet cabin, as well as to act as an integrator and manufacturer of interior components .

LIlium shares trade on NASDAQ under the ticker symbol LILM.

Investors agree that eVTOL, whether used for consumers or freight, could be the future of the aviation industry. Below are additional eVTOL actions to watch out for:

• Ehang (NASDAQ) listing: HE)

• Blade Air Mobility (NASDAQ listing: BLDE)

For a full list of eVTOL stocks, quotes and news, visit:

https://greenstocknews.com/stocks/evtol-stocks

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Warnings : Green Stock News (“GSN”) is not a financial adviser or adviser, investment adviser or broker and does not engage in any activity which would require such registration. The information contained herein is not intended to be used as a basis for investment decisions and should not be considered investment advice or a recommendation, nor does this information constitute an offer or solicitation to buy, hold or sell securities. GSN does not represent or warrant that the information posted is accurate, unbiased or complete and makes no representations as to the completeness or timeliness of the material provided. GSN collects fees for producing financial news content. Investors should consult an investment, tax and legal advisor before making any investment decision. All materials are subject to change without notice.

Fund 17, Helix and Thriving in New Orleans announce the creation of the Financial Wellness Collaborative, sponsored by JPMorgan Chase.

This free program is designed to help entrepreneurs and small business owners strengthen their overall financial health through a series of workshops and one-on-one support in areas such as loan origination and financial statements, accounting Quickbooks, business tax returns and credit ratings collection.

This collaboration between the three entrepreneur support organizations represents a holistic approach to preparing more BIPOC entrepreneurs to access capital. Working with JPMorgan Chase and our local Community Development Financial Institution lenders, the collaboration targets specific needs and opportunities to prepare small businesses to approach lenders and access capital. By leveraging each organization’s respective work to support small businesses in New Orleans, the collaboration is able to create a synergistic offering.

“The road back is long for local small businesses hard hit by the pandemic. To recover, grow and thrive, access to capital is essential,” said Jarrett Woods, senior business consultant at Chase in New Orleans. “Chase is honored to be part of this collaboration with Propeller, Fund 17 and Thrive. Together, we will empower business owners to take control of the future. »

Free workshops and tailored one-on-one assistance are scheduled to begin in August 2022 and run through the first half of 2023 with focus areas including credit score enhancement, certifications, financial and management accounting, Quickbooks, tax preparation and loan application assistance. Each topic will also include one-on-one technical assistance available to workshop participants. Participation is first come, first served.

“We are excited about this ecosystem-wide collaboration with our partners Fund 17 and Thrive New Orleans. We know that the inability to access capital can often be caused by many underlying factors that are also critical to the health of the business,” said Patrick Hernandez, senior manager of access to capital at Propeller.

Fund 17’s Executive Director, Veranisha Thompson, said: “Fund 17 has witnessed the need for a program like this through previous work supporting business and capital readiness and looks forward to the considerable impact it will have.

“We are stronger together, and we have a successful partnership with Fund 17 and Propeller to bring more resources to our small business community,” said Chuck Morse, Executive Director of Thrive New Orleans.

Get notified of future Thrive workshops at:
www.thrivenola.org

Receive notice of future Fund 17 workshops starting in October 2022: www.fund17.org

ON FUNDS 17
Fund 17 is a 501(c)(3) nonprofit organization that provides inclusive business support and capital to New Orleans entrepreneurs.

ON HELIX
Propeller is a 501(c)(3) nonprofit organization that helps entrepreneurs grow their nonprofits and small businesses to address social and environmental disparities in New Orleans.

ON PROSPER NEW ORLEANS
Thrive New Orleans is a 501(c)(3) nonprofit organization dedicated to empowering marginalized neighbors and leaders to move from survival to prosperity. They achieve this through affordable housing, job creation and training, small business development and support, and education and wellness programs.

To learn more about this collaboration and Propeller, visit gopropeller.org

ATLANTA, Aug. 24, 2022 (GLOBE NEWSWIRE) — Bedroom Kandi, the award-winning pleasure and beauty products company for independent female sales consultants, today announces the return of the annual Bedroom Kandi Convention, the industry’s premier event for fostering women’s entrepreneurship and empowerment from August 26-28, 2022. The conference resumes in-person for the first time since 2019 due to the pandemic, while offering a virtual attendee option to expand access to its thousands of direct sales consultants. The 2022 conference marks the company’s 10th anniversary with notable recent highlights, including winning its fourth XBiz Home Party Company of the Year award, the launch of new beauty and wellness products, and promotions of key personnel demonstrating successful execution of strategic initiatives.

“This movement may have started with my entrepreneurial dream of creating beautiful, high-quality, affordable pleasure and wellness products, but I quickly realized how many people weren’t given the opportunity to make it. access, as well as feel comfortable enough to explore them I saw the need for the support, which became the vision for this Bedroom Kandi – consultants can provide the guidance needed, while changing their own lives and their communities by being able to build independent businesses with a truly flexible model,” said Kandi Burruss, Founder of Bedroom Kandi. prohibitive. This systemic issue is why Bedroom Kandi’s goal is to provide anyone with the opportunity to bet on themselves and their desire to improve their lives through our proven entrepreneur program.”

The annual convention will feature influencer speeches from renowned entrepreneur, Dr. Lynn Richardson, as well as the Grammy Award-winning songwriter, star of the The Real Housewives of Atlanta from Bravo TV and Bedroom Kandi Founder, Kandi Burruss, discussing how income independence has the power to change lives and communities by rethinking how to reverse socio-economic inequalities.

Keynotes from Bedroom Kandi’s Executive Director, Rita Silva-Grondin, will explore how the company is uniquely handling supply chain disruptions by expanding partnerships with designer-based small-batch manufacturing to help abroad and expand its supplier networks to improve supply chain resilience and business performance. Panel discussions and follow-up sessions led by industry experts and leaders will explore the essentials for success as an entrepreneur, including revealing emerging trends in marketing and direct-to-consumer (DTC) sales. , best practices for CBD products and payment processing, as well as immersive trainings on beauty and intimate product lines.

To maximize consultant productivity and efficiency for success, the company recently promoted its 2019 Top Sales Representative, Kasha Johnson, from the home-based consultant organization to the Bedroom Kandi corporate team, who leads the training and development function in the field. Building on previous roles responsible for driving community engagement in government, non-profit and private companies, Ms. Johnson brings nearly a decade of experience as a network marketing consultant and also a coach. accredited in clinical sexuality. Kandi celebrates his move to head office by saying, “There are few people who have such deep knowledge and intense passion, who are able to translate it into education in such an entertaining way. It facilitates the desire to get to work.

Bedroom Kandi is widely recognized as an industry leader and champion of change. This has long been demonstrated through continued investment in sales-enhancing technology platforms and prioritizing body-safe, wellness-centric ingredients and materials in our intimate product lines – “It wasn’t an industry-wide consideration 10 years ago, but we’ve been consistent in this product philosophy since day one,” said Bedroom Kandi General Manager Rita Silva- Grondin.” In celebrating the 10th anniversary of Bedroom Kandi, we are reaffirming our fundamental belief that pleasure and well-being are for all. On this mission by evolving our multi-level supplier strategy, bringing in creators of products and dedicated collaborators to help ensure uninterrupted customer experiences and greater supply chain resilience with locally made products, cont instrumental in facilitating Bedroom Kandi’s next decade of success.

About the Kandi Room:

Bedroom Kandi’s mission is to de-stigmatize intimacy and self-love, promote sexual wellness and education, while empowering entrepreneurs to succeed in their independent businesses. Bedroom Kandi was founded in 2011 by award-winning singer-songwriter, Bravo TV’s Real Housewife of Atlanta and entrepreneur Kandi Burruss, in collaboration with intimate product developers Brian and Suki Dunham. The Home Party division was launched in 2012 with a mission to enable others to earn flexibly in The Business of Pleasure™.

# # #

CONTACT:

Bedroom Kandi Boutique Parties
Rita Silva-Grondin
C: 603-534-7834
[email protected]

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Adolfo and Andres Rodriguez discuss their approach to helping clients create a savings plan that makes sense for a successful future.

Listen to the interview on the Business Innovators Radio Network –

https://businessinnovatorsradio.com/interview-with-adolfo-andres-rodriguez-with-ar-financial-group-discussing-tax-mitigation-for-retirement/

Rodriguez says, “We have extensive experience and knowledge of the products we offer, as well as the expertise to use these products to provide maximum benefit and protection to our customers. Our commitment and our desire are to establish a trusting and lasting relationship with our customers. This commitment has served us well over the years. We take pride in knowing that our clients keep coming back to us for advice. We strive to build meaningful and rewarding relationships with our clients.

Building wealth is an important financial goal for many people. But it’s not always easy to do so in a tax-efficient way. One strategy that can be used to build wealth in a tax-efficient way is to use permanent life insurance. This type of insurance provides a death benefit that can be used to help build wealth while providing certain tax benefits. This strategy can be a great way to build wealth in a tax-efficient way. Working with a finance professional is key to making sure they are right for the situation.

Learn more: http://adolforetirement.com/

About Adolfo and Andrés Rodriguez

Adolfo Rodriguez became Managing Partner of A/R Financial Group in 2005. With over 20 years of experience in the insurance and financial services industry, Adolfo Rodriguez has always focused on the unique needs and objectives of the community of pre-retirees and retirees. Adolfo Rodriguez and his team serve a select group of families to help them build and maintain the retirement lifestyle they have worked so hard for and deserve.

Adolfo Rodriguez is a graduate of the University of Houston Clear Lake and holds the following designations: Registered Financial Consultant (RFC), National Social Security Advisor (NSSA). He is a member of the National Financial Planning Association and the National Association of Insurance and Financial Advisors. Adolfo Rodriguez created the “GRIP”, a proprietary system that produces guaranteed retirement income, and author of the book “My Retirement Rescue”. Adolfo is currently president of Houston’s nonprofit Casa Cuba. Adolfo is a member of the San Jacinto College Advisory Committee Board of Trustees. Adolfo is a speaker for SOFA, a nonprofit Society of Financial Awareness. He is also a co-founder of Bio Energetic, with two pain management clinics in Las Vegas, Nevada, San Antonio, and opening one in Houston in 2022. Adolfo Rodriguez has been featured on numerous networks as an expert in social security and retirement.

Adolfo Rodriguez was born in Havana, Cuba in 1966, and his parents were able to leave the communist island for a better life in 1968. Adolfo’s family was transplanted to Texas, where they lived their entire lives. Adolfo grew up in Pasadena from the age of 12 and has been here ever since. Adolfo learned from his father the value of hard work, honesty and integrity. His father opened and operated his own business, and Adolfo inherited the business after his father’s death in 2016. Adolfo manages the accounting part of his father’s business while other family members manage the day-to-day business operations.

Adolfo Rodriguez married his wife Denise Rodriguez in 1992 and has two children, son Andres and daughter Alexa. Alexa is a graduate of the University of Houston and will teach and coach at her old high school Andres, after playing basketball at the University of Kansas on an athletic scholarship, joined the company as a junior adviser . Adolfo is a Shriner and enjoys volunteering at hospitals located in Galveston. Adolfo is proud to be a Shriner and the work they do in the community. Adolfo enjoys spending time with his children and his wife; they love to travel and do multiple outdoor activities in the great state of Texas. Adolfo and his wife Denise have their family roots in Texas, and Texas is their home.

Andres Rodriguez completing his Bachelor of Commerce degree at the University of Houston Clear Lake. In 2021, Andrés became a Junior Partner with over 5 years of industry experience. Her goal is to create a personalized plan for each client based on their current financial situation and future retirement goals. In addition to his personal insurance licenses, Rodriguez continues his studies in order to obtain other licenses to better serve his clients.

Ever since he was little, Andres Rodriguez has lived in the Pasadena area. Growing up, Andres learned about the financial industry by watching his father (current managing partner) lead and grow AR Financial Group into what it is today. During this time, he learned the importance of hard work, which eventually led him to play college basketball. The goal of his hard work is now to help his customers on a daily basis. Learn the process to ensure clients can achieve their financial goals consistently. Andres loves Texas and has no desire to leave this great state.

Andres loves dogs and enjoys spending time with his two adult German Shepherds “Lady and Ryan”. Andres enjoys swapping stories with other dog owners, he is always amazed at how different dogs can be depending on breed. He would like to be a breeder as a hobby later in life.

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NDVR (pronounced “effort”), a company pioneering a new category of wealth optimization for high net worth investors, today announced that Deborah McGonigle has joined its growing advisory board. Former Chief Customer Officer of Liberty Mutual Insurance’s Personal Insurance Division and former Chief Marketing Officer of its Commercial Insurance Division, McGonigle has done extensive work developing and executing strategies that deliver exceptional customer experiences.

NDVR builds sophisticated and personalized portfolios for high net worth clients that are designed to deliver Construction Alpha™. Construction Alpha describes the overall performance improvements expected from investment alpha, cost savings, and tax efficiency. Together, these elements can offer clients a better chance of getting better results.

Read also : Three common pitfalls to address when designing OKR

The NDVR team is made up of quantitative PhDs, financial services veterans and technology innovators. They have built an investment platform powered by state-of-the-art technology. NDVR clients easily access the platform via digital tools, with advice available from dedicated financial advisors at their convenience. All made available at a remarkable price.

“NDVR’s innovative approach to wealth optimization is reshaping affluent clients’ expectations of their wealth management needs. By combining sophisticated digital interfaces, experienced financial advisors and advanced quantitative investment strategies, affluent investors no longer need to wonder if they could do more with their wealth,” said McGonigle. “I look forward to contributing to this work and collaborating with the other members of the advisory board to help NDVR deliver experiences that delight their customers.”

“Debbie has a passion for serving customers, as evidenced by the customer-centric culture she has helped develop and the transformative impact she has had in delivering exceptional experiences,” said Michael Simon, Founder and CEO of NDVR. “Her relentless client focus throughout her career applies directly to the client experience we are creating at NDVR and the important role she will play in our efforts to fundamentally transform the wealth management industry.

Read also : Executing effective business process management strategies

McGonigle brings more than two decades of customer experience and marketing leadership to NDVR’s advisory board. In addition to serving as chief client officer for Liberty Mutual’s personal insurance division and chief marketing officer for Liberty’s commercial insurance division, she has served as senior marketing manager for other divisions of the company. McGonigle began her career at Liberty Mutual Insurance as an internal strategy consultant. She holds an MBA from Dartmouth College’s Tuck School of Business and a BA in Economics and Accounting from College of the Holy Cross.

McGonigle joins Roger W. Ferguson, Jr., former Assistant Vice Chairman of the Federal Reserve, former CEO of TIAA and former adviser to Presidents Bill Clinton, George W. Bush and Barack Obama, on the advisory board. Other members will be announced later.

Discover the new Enterprisetalk Podcast. For more such updates, follow us on Google News Company News.

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NRx Pharmaceuticals, Inc. (Nasdaq: NRXP), (“NRx Pharmaceuticals” or the “Company”), a clinical-stage biopharmaceutical company, today announced its financial results for the second quarter of 2022 and provided an update. commercial and clinical day.

“In our second quarter, we reactivated clinical development for our psychiatric franchise around our lead compound, NRX-101. NRX-101 has received Breakthrough Therapy designation and special protocol approval for bipolar depression. severe bipolar depression with acute suicidal ideation and behavior (ASIB) by the U.S. Food and Drug Administration (FDA), said Stephen Willard, chief executive officer of the company. “We anticipate that the severe bipolar depression study with acute suicidal behavior (ASIB) will begin in late 2022 or early 2023.

During this quarter, we began enrollment in our Phase 2 trial of NRX-101 in patients with bipolar depression and subacute suicidal ideation and behavior (SSIB),” Willard said. “The purpose of this trial is to extend our potential indication of bipolar depression in patients with acute suicidal tendencies to the significantly larger population of patients with bipolar depression and subacute suicidal tendencies, who are treated in an outpatient setting. We are evaluating the adequacy of the protocol to support treatment approval of the larger SSIB population. We anticipate reading data from this trial by the end of the year or early in the first quarter of next year.”

“We expect to publish commercial-stage material of NRX-101 in the coming weeks. This material will be used in our Phase 2b/3 trial of NRX-101 for severe bipolar depression in patients presenting with suicidal ideation and behavior. (ASIB) under the special protocol agreement of the FDA, which we expect to start in the fourth quarter,” said Mr. Willard.

Many medications approved for bipolar depression have warning labels for an increased risk of suicide. To our knowledge, NRX-101 is the only oral antidepressant in the bipolar segment that targets active suicidal patients, which is usually an exclusion criterion in clinical studies for depression and PTSD. Data from the Phase 2 STABIL-B1 trial of NRX-101 demonstrated a significant reduction in depression and suicidal tendencies compared to standard treatment in acute suicidal patients who were first stabilized with ketamine. We have published non-clinical results demonstrating that, unlike ketamine, both components of NRX-101 did not show addictive potential and are not neurotoxic (i.e. they do not cause brain cell death in tests required by the FDA).2

In the second quarter, we repatriated manufacturing of the NRX-101 drug supply to North Carolina and we are currently manufacturing clinical supplies for P3 under the commercial readiness program.

Our psychiatry franchise is built on a solid foundation of scientific and intellectual property with 47 issued patents and 43 pending applications worldwide. Our goal is to address this major unmet medical need for which the only currently approved treatment is electroconvulsive therapy. It is estimated that 50% of people with bipolar disorder attempt suicide in their lifetime. We believe NRX-101 is a potentially life-saving drug that could change the treatment paradigm for people with bipolar depression who also experience suicidal tendencies. »

We plan to evaluate options for ZYESAMI® in COVID-19 respiratory failure and other lung disorders once we receive the full NIH dataset late in the third quarter or early in the fourth quarter. and that we will have done our own analysis.

Although we are not funding additional clinical trials of ZYESAMI® at this time, we have completed manufacturing of Phase 3/Commercial ZYESAMI®. We also received independent assessment of chest x-ray data from a sub-study that included a subset of approximately 80 patients who survived to day 10 in our Phase 2b/3 study of ZYESAMI®. The substudy showed a statistically significant improvement in chest X-rays using the RALES score in patients with COVID-19 respiratory failure, compared to worsening in patients treated with placebo (P<.05 this="" exploratory="" data="" will="" further="" guide="" our="" assessment="" of="" future="" options="" for="" zyesami="" wp_automatic_readability="18">

Major Business and Clinical Highlights

• Announcing new leadership with the appointment of Stephen Willard, JD, as CEO and member of the board of directors, and Seth Van Voorhees, PhD, MBA, as chief financial officer
• Company repositioned to focus on psychiatric franchise and our drug NRX-101 designated as breakthrough therapy for bipolar depression in suicidal patients. NRX-101 has additionally received special protocol clearance from the FDA
• Repatriation of NRX-101 manufacturing to a leading North Carolina-based manufacturer, completion of technology transfer and manufacturing of first batch of Phase 3/commercial NRX-101 capsules
• Launch of a phase 2b trial of NRX-101 in patients with bipolar depression and subacute suicidality (SSIB); 10 planned clinical sites are activated and actively recruiting patients, with a key data readout scheduled for the end of Q4 22/Q1 23
• Received independent evaluation of chest x-rays from a subset of patients who survived through day 10 of the ZYESAMI® intravenous trial. First-line analysis shows a statistically significant change from baseline to Day 10 in the RALES score (i.e., improvement in ZYESAMI®-treated patients and worsening in placebo-treated patients). Ongoing data analysis continues.

Financial results for the quarter ended June 30, 2022

• Research and development expenses for the quarter ended June 30, 2022 totaled $3.0 million, compared to $4.7 million for the quarter ended June 30, 2021. The decrease of $1.7 million is mainly related to a decrease in clinical trial and development costs related to ZYESAMI®.
• General and administrative expenses for the quarter ended June 30, 2022 totaled $6.6 million, compared to $12.5 million for the quarter ended June 30, 2021. The decrease of $5.8 million is primarily related to a decrease in stock-based compensation and expenses, partially offset by an increase in higher insurance costs.
• Other income for the quarter ended June 30, 2022 totaled $2.6 million, compared to $17.0 million for the quarter ended June 30, 2021. The decrease of $14.4 million is mainly related to a decline in the fair value of certain Substitute Warrants and the Supported Warrant Offering pursuant to the Merger Agreement due to the decline in share prices.
• Net loss for the three months ended June 30, 2022 was $7.0 million compared to a net loss of $0.1 million for the three months ended June 30, 2021.

Financial results for the six months ended June 30, 2022

• Research and development expenses for the six months ended June 30, 2022 totaled $8.4 million, compared to $7.6 million for the six months ended June 30, 2021. The $0.9 million increase is mainly related to an increase in regulatory and process development expenses.
• General and administrative expenses for the six months ended June 30, 2022 totaled $16.9 million, compared to $14.6 million for the six months ended June 30, 2021. The increase of $2.3 million is mainly related to an increase in legal, professional and insurance costs. partially offset by lower consultant fees and stock-based compensation expense.
• Other income for the six months ended June 30, 2022 totaled $4.9 million, compared to $17.1 million for the recently restated six months ended June 30, 2021. The decrease of $12.2 million is primarily related to a decrease in the fair value of certain substitute warrants and placement warrants assumed under the merger agreement due to the decline in share prices.
• Net loss for the six months ended June 30, 2022 was $20.4 million compared to a net loss of $25.6 million for the three months ended June 30, 2021.
• As of June 30, 2022, cash was $24.5 million, compared to $27.6 million as of December 31, 2021. We believe we have sufficient funds and, if necessary, the ability to reduce expenses, to support operations until August 2023. The Company may also seek to reduce certain expenses if necessary to reduce cash consumption in support of operations.

Conference call and webcast details

Investors and the general public are invited to listen to a live audio webcast of the conference call, which can be accessed five minutes prior to the start of the call by dialing (844) 826-3033 (US), (412) 317-5185 (International) Conference ID: 10170239, or via webcast link NRx Pharmaceuticals Second Quarter 2022 Earnings Call. A replay will be available on the NRx Pharmaceuticals website for thirty days following the call to www.nrxpharma.com.

Well, the candidates, remove your signs from our roads. We are tired of all of them.

When the The FBI investigated Hillary, the Republicans shouted, “Lock her up.” Now that Trump is under investigation, they’re screaming, “Fund the FBI.”

How much mom-and-pop shops and other small business owners think retail theft is a “victimless crime”?

You can call it what you want, Joe, but the [Congressional] The budget office says there is no reduction in inflation. Another round. Another day. Another lie.

Founding fathers founded our country on slavery, white supremacy and male superiority. Everything must be deleted and forgotten.

The partner The news report that most electric cars would not qualify for the Inflation Reduction Act tax credit is a delicious irony.

Ford said he immediately increased the price of his F-150 electric pickups by $2,500. With a base price of $46,974, how can we take the push towards electric vehicles seriously?

It would be interesting if Paul Pelosi received his DUI citation while driving his wife, Nancy, through Singapore on her recent visit there.

How can a person is so ruthless, so full of lies, and people are always for them?

I have not seen every Biden sticker on a car for a while. Imagine that those suction cups came loose pretty quickly.

will see real inflation once China invades Taiwan. Why? Because the blockade will have to take place in the South China Sea.

Conservatives always want life to be like it was 200 years ago, but then they wouldn’t have their AK-47s.

Governor of Georgia wannabe Stacey Abrams says the state budget surplus should be used to help Georgians. What does she think Kemp’s tax cuts have done?

Thanks for your “rant” on the burn pit bill, Jon Stewart, because he finally got the bill passed.

If the Supreme Court declares abortion issue a state rights issue, let states hold referendums to settle issue state by state.

Why can’t you DC handles the illegals that Texas gets in a day? Oh, I forgot, not in my garden. And now they need the federal police. Prime.

You can not complaining about gas prices if you also exceed the speed limit while driving.

Vote Chuck Fleischmann, aka “Chucky the Doll,” quit because he’s just a Trump drone/clone.

Mayor Kelly advocates affordable housing, except he doesn’t seem to want affordable housing in his Fort Wood backyard with Central Avenue and Fourth Street apartments.

Well, I Guess it’s time to rename our county Wamplton County. Look out, Chuck Fleischmann, Marsha Blackburn – there’s a Wamp in your future.

History of TFP says research shows the Internet program boosts parent involvement, but he doesn’t say whether grades or test scores have improved. Have they?

Chattanooga Unit Group only the last to want the rules changed if the results don’t match their worldview. Growing up.

It seems it doesn’t matter which side of the political aisle Sabrena Smedley is on. She makes herself the ward of the taxpayers forever.

Mayor Coppinger, When does your position as a financial consultant/advisor start at Lookouts and at what salary scale? Were waiting.

Weston Wamp could be the searing force of fresh air this county needs. Time passes; the next generation of leaders is here. Go with it.

Welcome to “Wampanooga!

The city one The new violence roadmap essentially uses government money to raise children. Why not empower parents? New idea never realized before.