Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The three day conference will cover a number of topics including a look at big tech, antitrust and regulation; the latest breakthroughs in artificial intelligence, quantum computing and their potential to transform business and society; how companies are tackling complex questions of data and privacy while working to regain consumer trust; the new ecosystem of startups; the future of work and workplace culture; tech equality and diversity; and the ongoing U.S.-China battle for tech supremacy. Attendees will have multiple opportunities to keep the conversation going by networking with fellow attendees, speakers and WSJ editors.
Featured speakers include:
Amy Abernethy | Principal Deputy Commissioner Food and Drugs, FDA
Jack Antonoff | Producer and Songwriter
Stéphane Bancel | CEO, Moderna
Wayne Brady | Actor, Singer, Comedian and Producer
Julie Brill | Chief Privacy Officer, Microsoft Corp.; Commissioner, Federal Trade Commission (2010-2016)
Kimberly Bryant | Founder and CEO, Black Girls Code
Priscilla Chan | Co-Founder and Co-CEO, Chan Zuckerberg Initiative
David Cicilline | U.S. Representative (D-R.I.); Chairman, House Judiciary Committee's Antitrust Subcommittee
Marcelo Claure | CEO, SoftBank Group International; COO, SoftBank Group Corp.; Executive Chairman, Sprint and WeWork
Jim V. Continenza | Executive Chairman and CEO, Kodak
Shar Dubey | CEO, Match Group
Melinda Gates | Co-Chair, Bill & Melinda Gates Foundation; Founder, Pivotal Ventures
Carla Harris | Vice Chairman and Managing Director, Morgan Stanley
Josh Hawley | U.S. Senator, (R., Mo.)
Reid Hoffman | Co-Founder, LinkedIn; Partner, Greylock
Peggy Johnson | CEO, Magic Leap
Dara Khosrowshahi | CEO, Uber
Arvind Krishna | CEO, IBM
Katrina Lake | Founder and CEO, Stitch Fix
Ricky Martin | Singer, Songwriter and Co-Founder, Martin Music Lab
Jennifer Nason | Global Chairman, Investment Banking, J.P. Morgan
Eric Schmidt | Former Google Chairman and CEO; Co-Founder, Schmidt Futures
Evan Spiegel | Co-Founder and CEO, Snap Inc.
John Stankey | CEO, AT&T Inc.
Anne Wojcicki | Co-Founder and CEO, 23andMe
https://www.globenewswire.com/news-release/2020/10/13/2107881/0/en/The-Wall-Street-Journal-announces-speaker-lineup-for-its-first-ever-virtual-WSJ-Tech-Live.html
NEW YORK, Oct. 13, 2020 (GLOBE NEWSWIRE) -- The Wall Street Journal is set to host its annual WSJ Tech Live conference online on October 19-21, 2020.
Jim V. Continenza | Executive Chairman and CEO, Kodak
Shar Dubey | CEO, Match Group
Melinda Gates | Co-Chair, Bill & Melinda Gates Foundation; Founder, Pivotal Ventures
https://www.globenewswire.com/news-release/2020/10/13/2107881/0/en/The-Wall-Street-Journal-announces-speaker-lineup-for-its-first-ever-virtual-WSJ-Tech-Live.html
Turn the knob it to 11..
Why? Because of a CONCORD Buyout-M/A spec?
Establishing a U.S. Center of Excellence for the Production of Key Starting Materials& Active Pharmaceutical Ingredients for Essential Medicines
https://www.scribd.com/document/478342031/Kodak-Plan
Now that Tesla can resume business in Buffalo, when — or if — will it?
By Tom Precious May 20, 2020 Updated Jun 23, 2020
"Tesla faced a $41.2 million penalty if the job level was not reached on the state-owned site on South Park Avenue. The company last month made public its intention to seek a one-year waiver from New York State Empire State Development, the Cuomo administration’s main economic development agency, in a filing with federal regulators."
https://buffalonews.com/news/local/now-that-tesla-can-resume-business-in-buffalo-when-or-if-will-it/article_2f920b57-0ba4-5545-bb86-f6a16c4b0a29.html
Buy us and Li Cycle,Elon!
Lithium recycling goes commercial to meet ‘unprecedented phase of the market’
“As the world enters an unprecedented phase of lithium-ion batteries across a broad spectrum of products and industries, lithium-ion battery waste is forecasted to hit anywhere from one to four million tonnes per year globally by 2030, depending on the source of the study. This translates into a potential material value to be recovered from lithium-ion batteries of US$6 billion by 2030.”
https://www.energy-storage.news/news/lithium-recycling-goes-commercial-to-meet-unprecedented-phase-of-the-market
BAK Power's products and services include cylindrical, prismatic and polymer batteries, battery packaging and battery solutions, which are mainly used in new energy vehicles, consumer products, and back-up energy storage.
3C battery
Power battery
Battery recycling
http://www.bakpower.com/about_en.php
Fast forward to today, and China’s BAK Battery and US new energy innovative firm Cadenza Innovation have penned an agreement after in-depth exchanges to jointly build a super battery production line in BAK Battery’s Shenzhen industrial park, the Securities Times reported.
The production line will be complete in the first half, and batteries it makes will be sold and used in energy storage systems, industrial vehicles and commercial buses in the US, Australia and Europe, per the plan. Jan 2, 2020
https://cadenzainnovation.com/news/behold-the-era-of-the-super-battery/
Up and to the right! We're doing this in upstate NY at Kodak IMO..
https://www.eastmanbusinesspark.com/energy-storage
https://esd.ny.gov/esd-media-center/press-releases/governor-cuomo-announces-175-million-lithium-ion-battery-recycling-hub-licycle
https://cadenzainnovation.com/news/could-utilities-costly-battery-storage-plans-provide-backup-electricity-and-savings/
Isn't TESLA in Buffalo?
Exciting! isn't it.. Check this out.. Li Cycle and Kodak? Does recycling Lithium and using it in pharmaceuticals count as API?.. hmmn Kodak makes Batteries too..lol
"Current market prices for cobalt and nickel stand at roughly $27,500 per metric ton and $12,600 per metric ton, respectively. In 2018, cobalt’s price exceeded $90,000 per metric ton.
In many types of Li-ion batteries, the concentrations of these metals, along with those of lithium and manganese, exceed the concentrations in natural ores, making spent batteries akin to highly enriched ore. If those metals can be recovered from used batteries at a large scale and more economically than from natural ore, the price of batteries and electric vehicles should drop."
https://cen.acs.org/materials/energy-storage/time-serious-recycling-lithium/97/i28
"Li-Cycle Corp. (Li-Cycle), a leading lithium-ion battery resource recovery company, today announced the company will invest over US$ 175 million in its first commercial lithium-ion battery recycling Hub at Eastman Business Park (EBP) "
https://www.prnewswire.com/news-releases/li-cycle-selects-rochester-ny-as-site-for-lithium-ion-battery-recycling-hub-301136518.html
BAK Partners with Lithium-ion Battery Technology Company Cadenza Innovation
https://cadenzainnovation.com/press-releases/bak-partners-with-lithium-ion-battery-technology-company-cadenza-innovation-to-introduce-startups-supercell-platform-to-china/
They have News in pocket from looking at the CBAK/BAK sites.
“The increased Chinese dominance of the global API market cannot be understated,” Sen. Chuck Schumer (D-NY) wrote in a letter to the Government Accountability Office. “A decision by China to limit or restrict the delivery of APIs would have a debilitating effect on the U.S. pharmaceutical market.” 12/2019
https://www.schumer.senate.gov/imo/media/doc/CES%20to%20GAO%2012-12-191.pdf
This has TESLA all over it.. It's also why we got the appliance deal.. no fire risk
Her pitch is gaining traction in the marketplace. Last year the company licensed its “Supercell” technology to a Chinese manufacturer, Shenzhen BAK Power Battery, which is producing them for that gigantic market to run buses and cars. A similar deal has been struck with an Australian firm and Cadenza has done a demonstration for Fiat Chrysler, one of the many “partners” Cadenza lists on its website. Nov 08, 2019
https://www.courant.com/hartford-magazine/hc-hm-cadenza-innovations-20191124-20191108-f4nreqz3m5bn7cjs4fim4bpyni-story.html
https://fintel.io/so/us/cbak - Renaissance is a nice sign
“Preventing a service event from becoming a catastrophic one,” is how Cadenza Innovation CEO Christina Lampe Onnerud describes the way her company’s lithium-ion ‘Supercell’ battery architecture reacts to thermal runaway.
Cadenza, founded by Onnerud in 2012, has developed a battery architecture and manufacturing platform that aims to cost-effectively eliminate one of the biggest issues facing the grid storage industry today. As seen in fires at energy storage system (ESS) facilities in South Korea, China and in Arizona, one cell catching fire can cause enormous damage as fire propagation causes it to cascade from cell to cell.
“The trick for our design is that when that happens, it doesn’t cascade,” Lampe Onnerud told Energy-Storage.news in an interview.
“We’re not saying our batteries will never fail. We’re saying if our batteries fail, it’s a service event. It is never a fire, it is never an explosion, it is never triggering sprinkler systems or any type of fire suppression.”
https://www.energy-storage.news/news/ul-certification-proves-innovative-battery-platform-can-stop-thermal-runawa
It's looking like a winner! Check this out. Notice the photo.
"The Company has signed a strategic cooperation contract with BAK Power Battery Co to introduce the “supercell” platform to China and also secured a manufacturing license with Energy Renaissance in Australia - another Scale Investors portfolio company."
https://scaleinvestors.com.au/cadenzainnovation
The company’s most significant partnership to date, however, was announced in September with Shenzen BAK Battery Company, one of the world’s largest lithium ion battery manufacturers. The companies announced BAK would begin mass producing batteries based on Cadenza’s supercell architecture in the first half of 2019.
Tesla famously achieves longer vehicle ranges by using small jelly rolls in its batteries, addressing safety issues with cooling tubes, intricate circuitry, and by spacing out each roll. But Cadenza has patented a simpler battery system it calls the “supercell,” that allows small jelly rolls to be tightly packed together into one module.
The key to the supercell is a noncombustible ceramic fiber material that each jelly roll sits in like an egg in a carton. The material helps to control temperature throughout the cell and isolate damage caused by an overheated jelly roll. A metal shunt wrapped around each jelly roll and a flame retardant layer of the supercell wall that relieves pressure in the case of a thermal event add to its safety advantages.
https://news.mit.edu/2018/cadenza-innovation-supercell-battery-1107
Right on,Same here. GLTU
First Cobalt is committed to developing a regional battery materials supply chain, initially by recommissioning and expanding its permitted cobalt refinery in Canada to provide battery grade cobalt for the North American and European electric vehicle markets. Discussions are ongoing with several EV manufacturers. Over time, this facility could be expanded to recycle black mass from lithium-ion batteries.
Recent announcements from the Ford Motor Company and their plans to retool their Ontario assembly plants to support the growing EV market, the joint battery plant announcement by GM and LG Chem in Michigan and the announcement by Volkswagen regarding their Tennessee operations clearly underscore the opportunity for First Cobalt to play a strategic and critical role in the next generation of North America's auto supply chain.
https://www.benzinga.com/pressreleases/20/09/n17615996/first-cobalt-comments-on-tesla-battery-day
What is you point?. Steve.
In June, 2018, New York State awarded Cadenza Innovation funding for a demonstration project featuring the Li-ion supercell technology, a standalone system that includes a rack-mounted 200kWh, 50kW battery storage unit. The project is part of the New York State Energy Research and Development Authority’s (NYSERDA) drive to pursue nation-leading clean energy goals, including Governor Andrew M. Cuomo’s energy storage target of 1500 megawatts in New York State by 2025.
“My dream,” Dr. Lampe-Onnerud said during our previous 2017 interview, “is to put 20 years of industry best practice into a battery block you can use. I think it’s going to be really fun to be in this space in the next 10 years.”
https://dlit.co/supercell-architecture-is-centerpiece-of-bak-cadenza-innovation-agreement/
It's all about Black Mass to press into batteries going forward. TSLA needs all the Lithium and Nickle it can get. here's a page from our parent's BAK site. Add in the fact recycling is more favorable then mining.
http://www.bakpower.com/chuangxin_qsm_en.php
"In fact, though, it was not clear to them how Tesla planned to get lithium from those clay deposits. That section was too light on details to understand what the actual plan was and how much lithium it could really provide cost effectively."
Benchmark noted that there were no known Tesla acquisitions of any lithium companies in the Nevada area, which led to the conclusion that Tesla probably prospected its own land.
https://cleantechnica.com/2020/09/24/tesla-pilot-battery-factory-13th-largest-in-world/
In June, 2018, New York State awarded Cadenza Innovation funding for a demonstration project featuring the Li-ion supercell technology, a standalone system that includes a rack-mounted 200kWh, 50kW battery storage unit. The project is part of the New York State Energy Research and Development Authority’s (NYSERDA) drive to pursue nation-leading clean energy goals, including Governor Andrew M. Cuomo’s energy storage target of 1500 megawatts in New York State by 2025.
“My dream,” Dr. Lampe-Onnerud said during our previous 2017 interview, “is to put 20 years of industry best practice into a battery block you can use. I think it’s going to be really fun to be in this space in the next 10 years.”
https://dlit.co/supercell-architecture-is-centerpiece-of-bak-cadenza-innovation-agreement/
Interesting connection happening here with LI CYCLE/KODAK PARK and CBAK-BAK - Enjoy your Sunday.
https://www.globenewswire.com/news-release/2018/09/16/1571385/0/en/BAK-Partners-with-Lithium-ion-Battery-Technology-Company-Cadenza-Innovation-to-Introduce-Startup-s-Supercell-Platform-to-China.html
https://www.prnewswire.com/news-releases/li-cycle-selects-rochester-ny-as-site-for-lithium-ion-battery-recycling-hub-301136518.html
Interesting connection happening here with LI CYCLE up in Rochester and CBAK-BAK - https://www.globenewswire.com/news-release/2018/09/16/1571385/0/en/BAK-Partners-with-Lithium-ion-Battery-Technology-Company-Cadenza-Innovation-to-Introduce-Startup-s-Supercell-Platform-to-China.html
https://www.prnewswire.com/news-releases/li-cycle-selects-rochester-ny-as-site-for-lithium-ion-battery-recycling-hub-301136518.html
Will it be Kodak/TicTok via Oracle?.
This Us Dmd ?
4313-08
Date:
December 10, 2008
To:
All Participants
Category:
Settlement/Underwriting
From:
Robin Bainlardi, Director, Underwriting Department
Attention:
Managing Partner/Officer; Cashier, Operations
Data Processing and Underwriting Managers
Subject:
Section 3 (c) (7) Restrictions for Newfoundland CLO I Limited
Senior Secured Floating Rate Notes due November 26, 2018
Subordinated Notes due November 26, 2018
(A) CUSIP Number(s): 651343AB1 - Senior Secured Floating Rate Notes
651343AA3 - Subordinated Notes
(B) Security Description(s): Senior Secured Floating Rate Notes due November 26, 2018
Subordinated Notes due November 26, 2018
(C) Offer Amount(s): Senior Secured Floating Rate Notes: USD 16,601,700,000
Subordinated Notes: USD 3,400,000,000
(D) Placement Agent: Barclays Bank PLC
(E) Paying Agent: Deutsche Bank AG, London Branch
(F) Closing Date: November 26, 2008
Special Instructions:
Refer to the attachments for important instructions from the Issuer.
NEWFOUNDLAND CLO I LIMITED
Re: Senior Secured Floating Rate Notes due November 26, 2018, CUSIP 651343
AB1
Subordinated Notes due November 26, 2018, CUSIP 651343 AA3
November 26, 2008
The Issuer and the lead Agent are putting Participants on notice that they are required to follow these
purchase and transfer restrictions with regard to the above-referenced security.
In order to qualify for the exemption provided by Section 3(c)(7) under the Investment Company Act
of 1940, as amended (the “Investment Company Act”), and the exemption provided by Rule 144A
under the Securities Act of 1933, as amended (the “Securities Act”), offers, sales and resales of the
Senior Secured Floating Rate Notes due November 26, 2018 and the Subordinated Notes due
November 26, 2018 (collectively, the “Securities”) within the United States or to U.S. Persons may
only be made in minimum denominations of US$ 250,000 to “qualified institutional buyers” (“QIBs”)
within the meaning of Rule 144A that are also “qualified purchasers” (“QPs”) within the meaning of
Section 2(a)(51)(A) of the Investment Company Act. Each purchaser of Securities (i) represents to and
agrees with the Issuer and the Agent that (A) (i) the purchaser is a QIB who is a QP (a “QIB/QP”); (ii)
the purchaser is not a broker-dealer which owns and invests on a discretionary basis less than $25
million in securities of unaffiliated issuers; (iii) the purchaser is not a participant-directed employee
plan, such as a 401(k) plan; (iv) the QIB/QP is acting for its own account, or the account of another
QIB/QP; (v) the purchaser is not formed for the purpose of investing in the Issuer; (vi) the purchaser,
and each account for which it is purchasing, will hold and transfer at least the minimum denomination
of securities; and (vii) the purchaser will provide notice of the transfer restrictions to any subsequent
transferees; or (B) it is not a U.S. Person and is purchasing the Securities outside the United States and
(ii) acknowledges that the Issuer has not been registered under the Investment Company Act and the
Securities have not been registered under the Securities Act and represents to and agrees with the Issuer
and the Agent that, for so long as the Securities are outstanding, it will not offer, resell, pledge or
otherwise transfer the Securities in the United States or to a U.S. Person except to a QIB that is also a
QP in a transaction meeting the requirements of Rule 144A. Each purchaser further understands that
the Securities will bear a legend with respect to such transfer restrictions. See “Transfer Restrictions”
in the Prospectus.
The charter, bylaws, organizational documents or securities issuance documents of the Issuer provide
that the Issuer will have the right to require any holder of Securities that is a U.S. Person who is
determined not to be both a QIB and a QP to sell the Securities to (a) a QIB that is also a QP or (b) to a
non-U.S. person outside the United States. In addition, the Issuer has the right to refuse to register or
otherwise honor a transfer of Securities to a proposed transferee that is a U.S. Person who is not both a
QIB and a QP. As used herein, the terms “United States” and “U.S. Person” have the meanings given
such terms in Regulation S under the Securities Act.
The restrictions on transfer required by the issuer (outlined above) will be reflected under the notation
“3c7” in the DTC’s User Manuals and in upcoming editions of the DTC’s Reference Directory.
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=11&cad=rja&uact=8&ved=2ahUKEwjA9ITrle7eAhWJ7YMKHXgzDKY4ChAWMAB6BAgJEAI&url=http%3A%2F%2Fwww.dtcc.com%2F~%2Fmedia%2FFiles%2Fpdf%2F2008%2F12%2F10%2F4313-08.pdf&usg=AOvVaw2srBMMSeOZ6dSePM8eAPQj
Great Western Service Corporation Three
Holding Company for Financial & Mortgage Service Subsidiaries
Bruce Antenberg
Treasurer Great Western Service Corporation Three
Holding Company for Financial & Mortgage Service Subsidiaries 9200 Oakdale Ave, Chatsworth, CA 91311
(818) 775-3411
https://radaris.com/p/Bruce/Antenberg/
[XLS]MPID List - sifma
https://www.sifma.org/wp-content/uploads/2017/08/MPID-List.xlsx
11, Citigroup, Citigroup Global Markets Inc. CGWM, MBS, ABS, Corporates, Agency Debt, 0443, wealth ... 39, Pershing, Pershing LLC, PERS, ALL, 0443, We also use this MPID for MUNIS ...... 1052, JPMA, J.P. MORGAN INSTITUTIONAL INVESTMENTS ...... 2004, WAMC, WALL STREET MONEY CENTER CORP.
https://www.marketwatch.com/press-release/popular-inc-announces-redemption-of-capital-securities-2018-08-06
http://caribbeanbusiness.com/think-strategically-invest-in-puerto-rico/
Final Word: Invest in P.R., look to its public companies
The worst of post-Hurricane Maria is behind us, and with that, we have seen the five Puerto Rico-based public companies report solid quarterly reports. Popular Inc. (BPOP), at $491.56 million in revenues and $279.78 million in net income for the second quarter (2Q), provides the broadest view of the overall state of Puerto Rico’s economy. Through its principal subsidiary, Banco Popular, the company has ample exposure to all areas of Puerto Rico with a vast array of products and services. The bank supports a tier-1 capital ratio of 17.46 percent and has been busily increasing its portfolio through organic growth and acquisitions, such as purchasing Reliable Financial from Wells Fargo. This acquisition, the first one under CEO Ignacio Álvarez, adds $1.6 billion in retail auto loans and $360 million in auto-related commercial loans. Popular expects this acquisition will produce $36 million in net income for the initial 12 months after closing. We hope there is lots of action from Popular as the bank starts to spread its wings further and broader than before, with an aggressive but cautious methodology.
At FirstBank Puerto Rico, the excellent news also continues, with a solid 2Q with net income of $31 million and tier-1 capital of 23.99 percent. FirstBank is positioned for continued growth in both assets and profitability, with CEO Aurelio Alemán doing a masterful job charting the bank’s course.
The last of our banking stocks is OFG Bancorp. OFG is doing better than ever under the steady hand of CEO José Rafael Fernández. The bank is establishing itself as a market disruptor and innovator after successfully integrating Eurobank and Banco Bilboa Vizcaya Argentaria (BBVA), and is poised for incremental organic growth. OFG’s stateside strategy is being closely monitored, and it may soon produce a strategic acquisition.
Meanwhile, Grupo Triple-S (GTS) reported strong revenues of $761.93 million, but the holding company reported a loss for the quarter of $38.75 million related to the impact of Hurricane Maria. While GTS has a vast array of diverse operations that include healthcare and Medicare Advantage, the result of consolidated Hurricane Maria claims was $692.1 million, which were mostly driven by $76.4 million in unfavorable prior-period reserve development in the property & casualty segment related to 2017’s Hurricane Maria claims causing the company to exceed its catastrophe reinsurance coverage limit. As the aftermath of the hurricane concludes, Triple-S is seen positioned for continued growth and more acquisitions.
We are bullish on Puerto Rico and the ability to overcome all obstacles to create value and wealth for our constituents, investors and Acts 20/22 investors, who can utilize their resources and knowledge to invest in Puerto Rico and, when one invests in Puerto Rico, you invest in yourself.
Is FNMA for sale?..lol. Great find!
Active in CA under JetGenius as of 8/11/17..? https://businesssearch.sos.ca.gov/CBS/Detail
I see nothing in the filings about the deal being rescinded?..
SEC Filings
Form Type
Received
Period Ending
Size
Report
8-K Mar 12, 2015 Mar 12, 2015 38.2 KB [PDF] PDF [RTF] RTF [HTML] HTML [Excel] XLS
8-K Jul 17, 2014 Jul 17, 2014 1.5 MB [PDF] PDF [RTF] RTF [HTML] HTML [Excel] XLS
8-K Jul 10, 2014 Jul 10, 2014 1.3 MB [PDF] PDF [RTF] RTF [HTML] HTML [Excel] XLS
8-K Jul 7, 2014 Jul 7, 2014 323.6 KB [PDF] PDF [RTF] RTF [HTML] HTML [Excel] XLS
8-K Jul 7, 2014 Jul 7, 2014 311.2 KB [PDF] PDF [RTF] RTF [HTML] HTML [Excel] XLS
8-K Apr 17, 2014 Apr 16, 2014 158.4 KB [PDF] PDF [RTF] RTF [HTML] HTML [Excel] XLS
8-K Apr 4, 2014 Apr 4, 2014 20.2 KB [PDF] PDF [RTF] RTF [HTML] HTML [Excel] XLS
8-K Mar 20, 2014 Mar 20, 2014 718.5 KB [PDF] PDF [RTF] RTF [HTML] HTML [Excel] XLS
8-K Mar 13, 2014 Mar 13, 2014 15.3 KB [PDF] PDF [RTF] RTF [HTML] HTML [Excel] XLS
8-K Jan 30, 2014 Jan 30, 2014 19.8 KB [PDF] PDF [RTF] RTF [HTML] HTML [Excel] XLS
Results Per Page
12345678Next ›Last »
https://www.otcmarkets.com/stock/DGRI/filings
Does Dan - DGRI still have the deal with Abba Medix?
https://www.sec.gov/Archives/edgar/data/928375/000072174814000694/dgri8k071714ex1.htm
Be nice if this came together.~~ A Carlsbad-based company that tests and profiles medical marijuana strains has teamed up with one of America’s best-known stoners.
BudGenius — which doesn’t sell pot, but provides quality-control testing and related services for dispensaries and consumers — announced this week it has acquired the licensing rights to a line of cannabis-related products endorsed by actor/comedian/marijuana activist Tommy Chong.
http://www.sandiegouniontribune.com/sdut-tommy-chong-carlsbad-budgenius-2015apr03-story.html
Cali testing info chart.
http://bcc.ca.gov/about_us/documents/17-261_required_testing_chart.pdf
Groundbreaking Report: Date: December 18, 2017
Contact: Interior_Press@ios.doi.gov
WASHINGTON – Today, the U.S. Department of the Interior and the U.S. Geological Survey released a report that detailed the extent to which the United States is fully, majorly, or partially dependent upon foreign competitors and even adversaries for our supply of "critical minerals." The report identified 23 of the minerals that are most-needed to sustain our national defense and economy and are used in manufacturing everything from batteries and computer chips to equipment used by our military. The report shows a troubling trend of foreign dependency. https://pubs.er.usgs.gov/publication/pp1802
SPAC Attack! For the past 4 months the talking heads on CNBC have been talking SPAC'S.. We're gonna be just fine! Google SPAC. Here's and old article and a new one!
Want to trade like Henry Kravis? You could pony up a couple billion, or you could buy a SPAC. Special Purpose Acquisition Companies, or SPACs as they called are essentially blank check companies that are sold to the public with the promise that they will acquire another company.
So here's how it works. You can buy a SPAC just like a stock. That SPAC will look to acquire another company within two years. Once the acquisition goes through, you'll have shares in the newly formed company.
Investor appetite for private equity has fueled a recent growth in SPACs. In 2004, SPACs represented on 6% of IPOS. Year to date, they comprise over a quarter of the IPO market.
There are risks associated with buying SPACS, the main one being the acquisition will be unsuccessful. Therefore it all boils down to who’s running the company. There's a premium placed on the company's management.
Mike Connors the CEO of Information Services Group (III.U) joins the guys for this conversation. His firm is the world's third largest SPAC.
Dylan Ratigan says he’s skeptical – he wants to know why investors should write him a blank check?
Connors says there are three reasons. 1) the quality of the leadership team 2) the track record of success and 3) the industry segment.
What is your fee structure, Dylan asks.
Very simple, says Connors. We take a percentage of the overall money that we raise. The money goes into a trust account and its protected until the acquisition.
Dylan turns to Tim Strazzini and asks, who is the typical customer for this kind of investment?
Tim says it’s mostly hedge funds and some wealthy families.
Dylan Ratigan says the bottom line is investors have to know the management.
https://www.cnbc.com/id/18445612
Nasdaq Successfully Lists 90 SPAC IPOs, raising a total of $15.3B
NEW YORK, Aug. 30, 2017 (GLOBE NEWSWIRE) -- Nasdaq extends market leadership in Special Purpose Acquisition Companies (SPACs) initial public offerings (IPOs) with 90 SPAC IPOs. Since the adoption of new listing rules in 2011, Nasdaq has consistently been the exchange of choice for SPACs, attracting 96% of all SPAC IPOs listing on a national exchange.
Thus far in 2017, Nasdaq has welcomed 18 SPAC IPOs, which eclipses the 13 SPAC IPOs that took place in 2016. The average proceeds raised amongst those deals in 2017 has been $254M, which would represent the largest annual average deal size on record. Top listings for 2017 include Silver Run Acquisition II (SRUN) / $900M, Vantage Energy Acquisition (VEAC) / $480M, Federal Street Acquisition (FSAC) / $400M, Gores Holdings II (GRSH) / $375M and Kayne Anderson Acquisition (KAAC) / $350M.
"Investors' ability to create innovative investment vehicles like SPACs spurs economic growth and brings more attention to the US capital markets," said Nelson Griggs, President of the Nasdaq Stock Exchange. "SPACs afford private companies a unique way to access growth capital in the public markets. Nasdaq is proud to support SPACs and their advisors as they continue to evolve the public investing landscape."
In addition to a busy IPO market, the past year has seen several of the most high-profile business combinations in the history of SPACs. Notable companies entering the public markets through mergers with SPACs, each of which chose to list on Nasdaq, include oil and gas producer Centennial Resource Development (CDEV), sweet good manufacturer and marketer Hostess Brands (TWNK), luxury resort operator Playa Hotels & Resorts (PLYA), healthy food producer Simply Good Foods (SMPL), enterprise information management company Exela Technologies (XELA) and global LNG developer NextDecade (NEXT).
Nasdaq is proud to add this diverse group of companies to the family on industry leading companies that call Nasdaq home.
https://globenewswire.com/news-release/2017/08/30/1104308/0/en/Nasdaq-Successfully-Lists-90-SPAC-IPOs-raising-a-total-of-15-3B.html
Today we say GoodBUY to the 2's!!
This should move real nice starting Monday.. Would love to be a fly on the wall at the MJAC 2017 this weekend.
Lol... Make it a great weekend!
80 Acre Marijuana Mall!! Bring in Dixie and Archview.. There's so much CASH out there waiting to be parked somewhere.. Start a Bank like they want to in LA or Oakland.. Bitcoin... Solar Coin... Monkey Mod Pump! Hahahaha. You Pump Monkeys really need to do some reading on the industry this way you'd be able to do such a better job with the board.. I'm VERY LONG with ERBB and super sick of the repetitive Monkey Pump Posts. That is all.. delete away Pump Mod.. Lolol.