Get in early, get out early. Take profits
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 whole fleet there has been/will be equipped with fflya. Hopefully we'll get some further info when the 10k is out next month
More detail on the IPTK inflight cc processing, from Runway Girl Network
"16 Sep 2022
By Mary Kirby
Novel fflya system sends live CC payments out the window for Wizz Air
Among the many benefits of installing cabin connectivity on aircraft is its ability to facilitate live credit card transactions in support of airlines’ buy-on-board food & beverage and retail programs. These transactions can be processed via an airline’s app, through its onboard wireless portal or in-seat IFE system, or indeed by cabin crew members armed with online point-of-sale terminals. But a broadband connection isn’t required for live transactions, as technology specialist AS-IP Tech (ASIP) recently demonstrated on a Wizz Air Airbus A321 fitted with its novel Bluetooth connectivity solution, called fflya.
Wizz Air has been equipping its UK-based fleet of A320 and A321 twinjets with fflya — featuring unique window-mounted antennas that talk to Iridium NEXT satellites — to provide passengers with free messaging (SMS, email and WhatsApp). And the budget operator recently started integrating fflya into its mobile app, marketing the solution as TEXT&FLY BY WIZZ.
In an update about its work, ASIP this week revealed that the messaging platform can now incorporate live in-app credit card payments, after successfully flight-testing the functionality for Wizz Air UK. “To demonstrate its capability on the Wizz Air A321, ASIP incorporated the ‘Food and Boutique’ menu into the fflya messaging app, allowing an order to be placed, paid for by credit card and a receipt return to the app,” said ASIP in a statement.
The so-called ‘fflya Transact’ functionality “includes a crew management module (CrewX) that manages the sale process and automatically updates the passenger app. fflya also brings to life crew EFTPOS [electronic funds transfer at point of sale] terminals,” said ASIP. Notably, fflya Transact is both PCI compliant and has two-factor authentication.
But is the unique fflya light connectivity solution really transacting in real-time insofar as authorizations for payment processing are being sent to the ground in-flight via Iridium satellites? Or do credit cards technically get processed at the gate after the aircraft lands? We asked this question of ASIP because many airlines often use point-of-sale systems with an offline mode that allows them to accept offline credit card transactions for low-value items.
ASIP chief executive officer Ron Chapman responded: “It does both live. Near real-time for in-app and real-time for the handheld EFTPOS ‘tap and go’ terminals.”
Furthermore, Chapman confirmed to RGN that all processing happens in-flight and that all transactions occur “over Iridium”, whether via Iridium’s classic legacy service (now in play at Wizz Air UK) or Iridium’s nextgen Certus service.
It’s true that ASIP was initially focused on enabling low-value remote transactions in compliance with EU regulation PSD2. But the fflya platform is no longer consigned to the low-value post-flight processing world as this platform, which boasts a proprietary Bluetooth 5 protocol, “solves that problem as it’s fully compliant,” Chapman said.
From a technical standpoint, that means there is no real limit on the amount of spend that can be transacted.
Given the real-time nature of CC processing via fflya, inflight fraud can also be reduced — though it’s also fair to say that the aggressive use by airlines of ‘black list’ and ‘declined credit card’ collection and recovery services has reduced onboard fraud over the last several years.
The fflya solution, said Chapman, replaces the outdated method of caching credit cards onboard and downloading the information after the flight.
Moreover, while fflya certainly doesn’t support a broadband Internet connection for passengers, it is a potentially attractive alternative for those carriers that don’t want — or feel they need — to make a heavy investment in IFC, including certain low-cost carriers.
It’s a completely self-funded program for airlines, noted ASIP, “creating a whole new dimension to e-commerce inflight.”
https://runwaygirlnetwork.com/2022/09/fflya-live-cc-payments-wizz-air/
Thanks, hope all is well with you too.
I don't remember. No wait, I'll plead the fifth on that, lol
From the court case, Costello, GRN Funds, Pacific Banking are the defendants Judges orders:
"UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA
Civil Minutes
Date: September 8, 2022 Judge: Hon. James Donato
Court Reporter: Ana Dub
Time: 28 Minutes
Case No. 3:20-cv-02102-JD
Case Name CCSAC, Inc. et al v Pacific Banking Corp et al
Attorney(s) for Plaintiff: Steven Selna
Attorney(s) for Defendant(s): Stephen Lobbin
Deputy Clerk: Lisa Clark
PROCEEDINGS
Hearing re Discovery -- Held.
NOTES AND ORDERS
The Court has serious concerns about the manner in which defendants and their lawyers have
handled discovery. The parties are advised that sanctions will likely be entered if the
proceedings ordered below warrant that. Sanctions may include, without limitation, monetary
sanctions, evidence, claim and defense preclusion, and professional conduct sanctions."
"Defendants will file by 5:00 p.m. California time on September 15, 2022, a declaration under
penalty of perjury identifying where the CCSAC funds subject to the preliminary injunction
order, Dkt. No. 23, are located. The declaration must state the name and address of the financial
institution, the type of account being used, the full and exact account number, and the balance of
the funds as of September 9, 2022. The declaration must also certify that defendants have
adhered to the injunction from the time it was issued. Defendants should file a public version of
the declaration that redacts the account number, and a motion to seal that includes an unredacted
version."
For those that don't know, in 2019 Costello's Pacific Banking Corp was given over $8,000,000 by a California marijuana retail company in a capital management agreement whereby Pacific Banking would pay the bills for the marijuana companies. Costello did, for a few months then stopped making payments for them. Interestingly, they stopped just after COWP was suspended. Pacific Banking refused to terminate the agreement and refused to return the money so they were sued. For over two years the plaintiffs have tried, and failed to find out where the money is/went and how much is left. During the discovery process, when asked to reveal the details of the money Costello repeatedly answered I can't remember, or pleaded the fifth amendment.
From the court case, Costello, GRN Funds, Pacific Banking are the defendants Judges orders:
"UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA
Civil Minutes
Date: September 8, 2022 Judge: Hon. James Donato
Court Reporter: Ana Dub
Time: 28 Minutes
Case No. 3:20-cv-02102-JD
Case Name CCSAC, Inc. et al v Pacific Banking Corp et al
Attorney(s) for Plaintiff: Steven Selna
Attorney(s) for Defendant(s): Stephen Lobbin
Deputy Clerk: Lisa Clark
PROCEEDINGS
Hearing re Discovery -- Held.
NOTES AND ORDERS
The Court has serious concerns about the manner in which defendants and their lawyers have
handled discovery. The parties are advised that sanctions will likely be entered if the
proceedings ordered below warrant that. Sanctions may include, without limitation, monetary
sanctions, evidence, claim and defense preclusion, and professional conduct sanctions."
"Defendants will file by 5:00 p.m. California time on September 15, 2022, a declaration under
penalty of perjury identifying where the CCSAC funds subject to the preliminary injunction
order, Dkt. No. 23, are located. The declaration must state the name and address of the financial
institution, the type of account being used, the full and exact account number, and the balance of
the funds as of September 9, 2022. The declaration must also certify that defendants have
adhered to the injunction from the time it was issued. Defendants should file a public version of
the declaration that redacts the account number, and a motion to seal that includes an unredacted
version."
For those that don't know, in 2019 Costello's Pacific Banking Corp was given over $8,000,000 by a California marijuana retail company in a capital management agreement whereby Pacific Banking would pay the bills for the marijuana companies. Costello did, for a few months then stopped making payments for them. Interestingly, they stopped just after COWP was suspended. Pacific Banking refused to terminate the agreement and refused to return the money so they were sued. For over two years the plaintiffs have tried, and failed to find out where the money is/went and how much is left. During the discovery process, when asked to reveal the details of the money Costello repeatedly answered I can't remember, or pleaded the fifth amendment.
Field is up for this week's fortinet tournament
https://www.pgatour.com/tournaments/fortinet-championship/field.html
"SEC Form 10-12G is a filing with the Securities and Exchange Commission (SEC), also known as the General Form for Registration of Securities. This form is required when a corporation wishes to register a class of securities according to Section 12(b) or (g) of the Securities Exchange Act of 1934."
https://www.investopedia.com/terms/s/sec-form-10-12g.asp
Now they will be filing quarterly and annual reports with the SEC instead of otcmarkets.
http://archive.fast-edgar.com/20220908/A62YP22CZM2RM2RN222R2WY294RLZZ22Z242/
HLLK .0033 files 10-12G today. 216,403,374 shares of common stock outstanding as of August 31, 2022
There's something missing while watching the liv tour. It's like they recruited NASCAR drivers and said "hey, here's a bunch of money and you'll never crash."
Thanks!
Thanks! Glad I saved a McIlroy :)
Thanks for the contests Eli,
and the mention :)
Great year Cap, congrats!
Nice going Vic!
Thank you
Thanks for the information
Looks like an outstanding event. Busy Thursday but I'll try. Best wishes
Nice going Vic!
Info on American/Air Wisconsin from twitter
Big news in the regional airline world.
— Zach Griff (@_ZachGriff) August 22, 2022
Today, @AmericanAir revealed a new partnership with Air Wisconsin to add up to 60 CRJ200s to its American Eagle portfolio.
This will mark the end of Air Wisconsin flying for United.
Full memo from AA's CFO Derek Kerr below pic.twitter.com/F4WfQEZarb
United had already planned to drop 7 Air Wisconsin routes from O'Hare, and United's plans to stop using 50 seat jets (all Air Wisconsin owns) is well known.
Routes to be dropped from O'Hare by United
Bismarck, ND
Jackson, MS
Madison, WS.
Pensacola, FL,
Charlottesville, VA
Lexington, KY
Allentown, PA
https://thepointsguy.com/news/united-airlines-cuts-domestic-routes/
American also has announced route closures
"American Airlines cuts 27 routes"
Whether American will use Air Wisconsin to resume any of them is also unknown
https://thepointsguy.com/news/american-cuts-new-york-exits-ottawa/
American Airlines returning 50 seat aircraft to its lineup is an interesting development. American uses Envoy Air for it's regional flights out of O'Hare, and Envoy flies larger aircraft. Need a follow up to know whether American is going to take over the routes Air Wisconsin was flying for United. It's a disruptive event for the regional airline industry, imo
Air Wisconsin switching to American from United.
"On August 19, 2022, Air Wisconsin Airlines LLC (“Air Wisconsin”), which is an indirect wholly owned subsidiary of Harbor Diversified, Inc. (the “Company”), entered into a new five year capacity purchase agreement with American Airlines, Inc. (“American”), pursuant to which Air Wisconsin has agreed to provide up to 60 CRJ-200 regional jet aircraft for regional airline services for American (the “Agreement”). The capacity purchase agreement currently in effect between Air Wisconsin and United Airlines, Inc. is expected to terminate in accordance with its terms."
http://archive.fast-edgar.com/20220822/AA2L2G2EZM2RNZZK222G2ZYKCB3DZZ22Z242/
Baty 2 run homer in first major league at bat
Awesome, ground breaking news. Thanks!
Great pick! Clutch performance from the Z man
Awesome week in the Diehard, congratulations!
Expensive pill he took
The $3.2 million number comes from the story at mlb.com
“Tatis, who signed a 14-year, $340 million extension prior to last season, will forfeit roughly $3.2 million during the suspension.”
Off season motorcycle costs him most of the season, now this. And a 14 year $341 million contract signed in 2020. He'll forfeit $3.2 million during the suspension
Tatis banned 80 games for testing positive for Clostebol
“The Office of the Commissioner of Baseball announced on Friday that San Diego Padres shortstop Fernando Tatis Jr. has received an 80-game suspension without pay after testing positive for Clostebol, a performance-enhancing substance in violation of Major League Baseball’s Joint Drug Prevention and Treatment Program.”
"BREAKING NEWS: LIV Golf trio Gooch, Jones and Swafford are DENIED a spot in the FedEx Cup playoffs... as a federal judge refuses to grant them a temporary return to the PGA Tour"
https://www.dailymail.co.uk/sport/golf/article-11097111/LIV-Golf-trio-Gooch-Jones-Swafford-DENIED-spot-FedEx-Cup-playoffs.html
1. Scheffler
2. Mcilroy
3. Fitzpatrick
4. Rahm
5. Riley
6. Theegala, Hubbard, Henley, Mitchell, Wise
Nice win Eli, congratulations
Mets offensive deadline acquisitions so far:
Vogelbach: .324/.477/.559
Naquin: .318/.318/.727
Ruf: .333/.333/.444
Combined (75 plate appearances):
.323/.413/.600
4 HR, 9 XBH, 12 RBI
Anthony DiComo
@AnthonyDiComo
Today's news shows how unprofessional they are, or maybe not serious enough to fact check. From the news today
He calls it: "GRN Holdings Corporation, Inc."
then later "About GRN Holdings Corporation"
The corporate name is GRN Holding Corporation
He says: "One of the first steps in support of the Companys new direction will be to file amended articles with the Secretary of State of Delaware"
The company is incorporated in Nevada
And what's a "The reserve split..."
lol
I agree, very disappointed we didn’t get a lefty reliever
Since the Mets have so many mega contracts already,
Scherzer
Lindor
deGrom
with more to come
Alonso
Walker
McNeil
They need to protect their prospects so they can fill out the roster with cheaper players, or they'll end up like the Angels
I like the Mets additions. Givens pitched for Showalter in Baltimore, and Buck likes him. Ruf has put up the stats we were hoping to get from JD Davis, who's had 2 years to prove he could be good and hasn't come through.