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"We had another outstanding quarter with record revenue and positive Adjusted EBITDA...We are very excited with our VSDHOne release and onboarding clients to increase our growth pace” - Shane Madden, CEO of Hydreight VANCOUVER, British Columbia and LAS VEGAS, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Hydreight Technologies Inc. (" Hydreight ” or the "Company ”) ( TSXV: NURS )( OTCQB: HYDTF )( FSE: SO6 ), a fast-growing mobile clinical network and medical platform which enables flexible at-home medical services across 50 states in the United States, is pleased to announce its financial results for the third quarter ended September 30, 2024. All financial information is presented in Canadian dollars unless otherwise indicated. Summary of Q3, 2024 Financial Highlights: The Company believes the following Non-GAAP 1 financial measures provide meaningful insight to aid in the understanding of the Company's performance and may assist in the evaluation of the Company's business relative to that of its peers: The table below sets out a summary of certain financial results of the Company over the past eight quarters and is derived from the audited annual consolidated financial statements and unaudited quarterly consolidated financial statements of the Company. After Taxes Income (Loss) Income (Loss) Per Share The Company has experienced dramatic user growth over the past two years as can be seen by the consistent revenue growth over the past eight quarters. The Company continues to deliver on its mission of building one of the largest mobile clinical networks in the United States. Through its medical network, pharmacy network and proprietary technology platform that adheres to the complex healthcare legislation across 50 states, Hydreight has provided a fully integrated solution for healthcare providers to become independent contractors. Hydreight remains focused on its strategic priorities of (1) Profitability (2) adding more product and service offerings for its customers, (3) introducing Hydreight story with more potential shareholders (4) driving white label partnerships and Nurses to the platform and (5) looking for strategic tuck in M&A opportunities to scale and grow the business quickly and efficiently . Hydreight will continue to invest into its technology to ensure continuous improvements, advancements and updates adhering to changes within the healthcare industry. Please see SEDAR + for the Company's condensed interim consolidated unaudited financial statements and MD&A for the three and six months ended September 30, 2024 and 2023 and for the Company's audited annual consolidated financial statements and MD&A for the year ended December 31, 2023 and 2022. About VSDHOne - Direct to Consumer Platform In a partnership with two other parties, Hydreight Technologies launched the VSDHOne (Read as VSDH-One)platform. VSDHOne simplifies the entry challenges for companies and medi-spa businesses to enter the online healthcare space compliantly. This platform will help all businesses to launch a direct-to-consumer healthcare brand in a matter of days in all 50 states. Compliant offerings include: GLP-1s (semaglutide, tirzepatide), peptides, personalized healthcare treatments, sermorelin, testosterone replacement therapy ("TRT”), hair loss, skincare, sexual health and more. Hydreight invested in technology, legal and infrastructure to launch this platform. The VSDHOne platform offers a complete, end-to-end solution for businesses looking to launch direct-to-consumer healthcare brands. From compliance and telemedicine technology to nationwide doctor and pharmacy networks, VSDHOne provides all the tools needed for a seamless entry into the online healthcare space. The platform is designed to significantly reduce the time and costs associated with launching such services, making it possible for businesses to go live in days instead of months. About Hydreight Technologies Inc. Hydreight Technologies Inc. is building one of the largest mobile clinic networks in the United States. Its proprietary, fully integrated platform hosts a network of over 2500 nurses, over 100 doctors and a pharmacy network across 50 states. The platform includes a built-in, easy-to-use suite of fully integrated tools for accounting, documentation, sales, inventory, booking, and managing patient data, which enables licensed healthcare professionals to provide services directly to patients at home, office or hotel. Hydreight is bridging the gap between provider compliance and patient convenience, empowering nurses, med spa technicians, and other licensed healthcare professionals. The Hydreight platform allows healthcare professionals to deliver services independently, on their own terms, or to add mobile services to existing location-based operations. Hydreight has a 503B pharmacy network servicing all 50 states and is closely affiliated with a U.S. certified e-script and telemedicine provider network. On behalf of the Board of Directors Shane Madden Director and Chief Executive Officer Hydreight Technologies Inc. Contact Email: [email protected] ; Telephone: (702) 970 8112 This press release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements. Use of Non-GAAP Financial Measures: This release contains references to non-GAAP financial measures Adjusted Revenue (also referred to as Topline Revenue), Adjusted Gross Margin, and Adjusted EBITDA. The Company defines Adjusted Revenue as gross cash income before adjustment for the deferred portion of business partner contract revenue and gross receipts from Hydreight App service sales. The Company defines Adjusted Gross Margin as GAAP gross margin plus inventory impairment plus the deferred portion of business partner contract revenue. The Company defines Adjusted EBITDA as net income (loss) before interest, taxes, depreciation and amortization and before (i) transaction, restructuring, and integration costs and share-based payments expense, and (iii) gains/losses that are not reflective of ongoing operating performance. The Company believes that the measures provide information useful to its shareholders and investors in understanding the Company's operating cash flow growth, user growth, and cash generating potential for funding working capital requirements, service future interest and principal debt repayments and fund future growth initiatives. These non-GAAP measures may assist in the evaluation of the Company's business relative to that of its peers more accurately than GAAP financial measures alone. This data is furnished to provide additional information and does not have any standardized meaning prescribed by GAAP. Accordingly, it should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP and is not necessarily indicative of other metrics presented in accordance with GAAP. Neither TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. This press release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements. Cautionary Note Regarding Forward-Looking Information This press release contains statements which constitute "forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, path to profitability, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance. Forward-looking information is often identified by the words "may”, "would”, "could”, "should”, "will”, "intend”, "plan”, "anticipate”, "believe”, "estimate”, "expect” or similar expressions and includes information regarding expectations for the Company's growth and profitability in 2024. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects the Company's management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: the ability to obtain requisite regulatory and other approvals with respect to the business operated by the Company and/or the potential impact of the listing of the Company's shares on the TSXV on relationships, including with regulatory bodies, employees, suppliers, customers and competitors; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation; and the diversion of management time as a result of being a publicly listed entity. This forward-looking information may be affected by risks and uncertainties in the business of the Company and market conditions. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law. 1 See Use of Non-GAAP Financial MeasuresXRP Climbs to $1.90 While 1Fuel Revolutionizes Cross-Chain Trading for Early Investors
A telephone town hall Monday provided Idahoans the opportunity to get the governor’s perspective on key issues facing the state. With just a few weeks passed since the general election and the state’s legislative session fast approaching, Gov. Brad Little sat down with Lupe Wissel, state director of AARP Idaho, in a look ahead to the upcoming political landscape for the state and the nation. While the focus was largely on state-specific issues, many callers raised questions regarding how potential national changes implemented by the incoming Trump administration could impact the state. AARP is the nation’s largest non-profit organization and is dedicated to providing resources for individuals over the age of 50, according to the organization’s website. Callers who participated in the town hall provided their first names and the city they lived in. IMMIGRATION CONCERNS The issue most consistently raised during the call-in session was related to the realm of immigration. President-elect Donald Trump has claimed he will launch the “largest deportation program in U.S. history,” as reported by the Associated Press . Val of Meridian asked what Idaho’s plan would be to offset the potential deportation of 35,000 people — the estimated number of undocumented immigrants in the state — and potential dairy staffing shortages that could follow an exodus of workers. “Their initial intent is known criminals, where they know they’re a danger to society,” Little said. “That’s the No. 1 priority, and I believe that’s going to be the case.” Little noted that the dairy industry is also putting together a proposal that would put its workers in the same category as other agricultural entities, that are able to have workers come on a permitted basis year-round. According to the International Dairy Foods Association , the Farm Workforce Modernization Act, which failed to pass in Congress, sought to eliminate the seasonality requirement in the H-2A program — which allows foreign workers to enter a contract for up to 10 months of agricultural work — to expand its application into the diary sector. “There’s a lot of H-2A workers that come to Idaho, but it’s only seasonal — well, you have to milk cows all year round,” Little said. SOCIAL SECURITY TAX CUTS Paul of Eagle pointed to Trump’s proposed exemption on Social Security income taxes and the popularity this proposal has among seniors in Idaho. Little said that if this were ultimately passed by Congress, he would ensure Idaho is conforming to federal tax standards. “My position (is) always that taxes should be fair, simple, predictable and competitive, and one of the ways to make them simple is ... how you calculate your federal liability is the same way you should calculate your state liability,” Little said. Under the current standards of the Social Security Administration , a federal tax return filed by an individual with an income between $25,000 and $34,000 could pay an income tax on up to 50% of benefits. In the case of those filing jointly, the threshold shifts to between $32,000 and $44,000. These taxes currently pay into the Social Security system to maintain the program for future withdrawals and retirees. WOMEN’S REPRODUCTIVE RIGHTS Amanda of Boise expressed concerns about women’s reproductive rights and how uncertainty regarding the implications of state law has led to doctors leaving the state. “There’s litigation taking place in Idaho right now to kind of clarify the issue for doctors,” Little said. The Ninth Circuit Court of Appeals is currently scheduled to hear oral arguments on Dec. 10 regarding whether emergency abortions can be prosecuted under Idaho law. The case concerns the Emergency Medical Treatment and Labor Act (EMTALA), a federal law requiring medical providers that receive Medicare funds to treat and stabilize anyone in an emergency. A decision in the case will determine the validity of the state of Idaho’s argument that this federal law doesn’t supersede state law and that EMTALA does not require abortions to be conducted in emergencies, as reported by the Idaho Press . The incoming Trump administration’s position on bans similar to what is in place in Idaho is less than clear. In the past year, he has characterized an abortion ban after six weeks of pregnancy as “too severe,” while also saying he would vote against Florida’s ballot measure that sought to repeal the state’s six-week abortion ban, as reported by the Associated Press .The Utica University community is mourning the loss of a student and member of the football team. James Salles, a Long Island native who turned 22 years old Thursday, has died “due to injuries he suffered in an off-campus accident last week,” according to a letter sent by President Todd Pfannestiel to the Utica University community Friday. “It is with great sadness that I share with our Utica University community, the passing of James Salles, a senior from West Babylon, NY, due to injuries he suffered in an off-campus accident last week,” Pfannestiel wrote in his letter. “James was a Health Education and Physical Education major, a student-athlete on our football team, and a valued member of our community. Our thoughts are with James’s family and all of those who knew him as a friend, teammate, and fellow Pioneer.” An obituary for Sall es states he died Thursday. A Go Fund M e organize d by a family friend on Long Island has raised more than $43,500 with more than 550 donations as of Friday afternoon. Longtime football coach Blaise Faggiano could not be reached Friday afternoon. Salles played for the football team from 2021 to this past season, with his last game in October. The football team and the athletics department also posted Friday morning about Salles on their official social media accounts. Friends also posted about Salles on Facebook. On Instagram on Friday, the Utica athletics account changed its profile photo to a picture with the No. 12 — Salles’ number the last two seasons with the team — along with pictures of him with the school’s navy blue and orange colors. The post reads: “Pioneer Athletics and the entire Utica University Community are deeply saddened to hear about the passing of Pioneer Football Player James Salles. James was an amazing athlete, student, and above all else, a true friend to all those blessed enough to have known him. James’ legacy will live on through the program, as well as his teammates, friends, family, and all the hearts he touched during his journey here at Utica. “During this time of sadness and mourning, Utica Athletics reminds you to be in touch with those closest to you. Reach out to your coaches, professors, friends, and family if you’re in search of someone to grieve to. Know that we all grieve together, and we extend our deepest sympathies to his teammates, classmates, friends, and family.” The football team’s post stated: “Recently we lost one of our own, James Salles. James was not only an outstanding athlete, but an even better human being. James was more than a RB, he was a son, a brother, a grandson, a friend, a leader, and someone you could rely on when times were tough.” The team’s post continued: “We were blessed to have him these last four years, but he will be in our hearts forever. We send love and condolences to all his loved ones, friends and family. Your life and legacy will never be forgotten 12.” Following the regular-season finale for Utica at St. John Fisher last Saturday in Rochester, players and staff from “both teams gathered at midfield to pray for Utica running back James Salles, who was critically injured in an accident earlier this week,” according to a social media post by Fisher athletics. Services are planned for Tuesday and Wednesday on Long Island.
New research from Wake Forest University School of Medicine suggests that living in a disadvantaged neighborhood is associated with higher blood pressure and lower cognitive scores, even among people who do not have an existing diagnosis of mild cognitive impairment. The study appears online today in Alzheimer's & Dementia: Diagnosis, Assessment & Disease Monitoring , a journal of the Alzheimer's Association. We know that inequitable access to education, employment, income and housing increases the risk for Alzheimer's disease and related dementias. However, more research is needed to better understand the impact of social determinants of health, including what this study analyzed with neighborhood disadvantage." James R. Bateman, M.D., assistant professor of neurology at Wake Forest University School of Medicine and principal investigator of the study Bateman said neighborhood disadvantage refers to the lack of social and economic resources in one's environment. To assess neighborhood disadvantage, the research team used the highly recognized national Area Deprivation Index, which measures housing quality, education and income. "Our goal of the study was to analyze the relationship of neighborhood disadvantage with measures of cardiometabolic health and cognition in individuals with and without diagnosed mild cognitive impairment," said Bateman, who is also a neurologist at Atrium Health Wake Forest Baptist. Bateman said it was important for the team to compare individuals with a diagnosis to those without one to better understand how a person's current cognitive state impacts the relationship between their environment and their health. Cognition refers to the mental process of thinking, learning, remembering, being aware of surroundings and using judgment. Mild cognitive impairment is a decline in memory and thinking skills that is greater than expected with normal aging and is a risk factor for dementia. Related Stories UVA researchers discover how blood pressure medications affect kidneys Vitamin D may lower blood pressure in older people with obesity Garlic’s antioxidant and nitric oxide boosting effects may help lower blood pressure Bateman noted that many cardiometabolic diseases may increase the risk for cognitive impairment and dementia. Cardiometabolic health is the cardiovascular and metabolic health of an individual and involves the management of risk factors such as blood glucose, high blood pressure, high cholesterol and obesity. For the study, Bateman and team analyzed data from 537 adults over the age of 55 from the Alzheimer's Disease Research Center Healthy Brain Study at Wake Forest University School of Medicine from 2016 to 2021. Individuals received clinical exams, neurocognitive testing and neuroimaging, in addition to cardiometabolic tests to screen for diabetes, high cholesterol and high blood pressure. The neurocognitive testing included in the study evaluated constructs such as memory, executive function, language, visuospatial skills, concentration and attention. "We found an association between neighborhood disadvantage and higher blood pressure and cardiometabolic index, as well as lower cognitive scores in individuals who did not have a diagnosed mild cognitive impairment," said Sudarshan Krishnamurthy, a fifth-year M.D./Ph.D. student at Wake Forest University School of Medicine and first author of the paper. Krishnamurthy said that neighborhood disadvantage was only associated with higher hemoglobin A1C, which measures blood sugar, in people with diagnosed mild cognitive impairment. "These findings show that living in a disadvantaged neighborhood has a bigger impact on heart health and brain function in people without preexisting cognitive issues," Bateman said. "Our study highlights the importance of implementing structural changes to address social determinants of health to mitigate cardiometabolic and cognitive risks." Krishnamurthy added that the study underscores the impact of a person's living environment. "This study confirms what we had hypothesized: Where you live and the resources and opportunities that are available to you as a result, have a tangible impact on your risk for dementia," Krishnamurthy said. Established in 2016, the Alzheimer's Disease Research Center at Wake Forest University School of Medicine is one of only 35 research centers in the country funded by the National Institute on Aging. Its goal is to translate research advances into improved diagnosis and care for people with the disease, and to find a treatment or ways to prevent Alzheimer's and other types of dementia. This study was supported by funding from NIH P30 AG072947, AHA 24PRE1200264, R01AG054069, R01AG058969, NIH R01 AG072547, NIH R01 AG079388, NIH UG1 CA189974 and NIH U19 AG074865. Atrium Health Wake Forest Baptist Krishnamurthy, S., et al. (2024). Impact of neighborhood disadvantage on cardiometabolic health and cognition in a community‐dwelling cohort. Alzheimer's & Dementia Diagnosis Assessment & Disease Monitoring . doi.org/10.1002/dad2.70021 .
WASHINGTON (AP) — President-elect Donald Trump ‘s team still hasn’t signed agreements that are required to formally begin the transition process to the White House — meaning the government can’t provide security clearances and briefings to incoming administration officials and the FBI can’t screen his rush of picks for the Cabinet and other key posts. The importance of strenuous federal background screenings — and the fact that Trump’s team has not been subjecting the president-elect’s selections to such vetting — was evident Thursday, when former Florida Rep. withdrew as Trump’s pick for attorney general following continued scrutiny over a that cast doubt on whether he could be confirmed by the Senate. The continued delay on agreeing to start the formal transition process may eventually force senators to vote on Trump’s choices without the benefit of the usual background checks. That process is designed to uncover personal problems, criminal histories and other potential red flags that would raise questions about a nominee’s suitability for key jobs. Beyond the top personnel picks that Trump already has announced, good governance activists and other experts on the transition process have warned for weeks that refusing to sign the transition documents will for potentially hundreds of Trump national security appointees to get clearances. And that means the new administration won’t be fully prepared to govern when Trump takes power on Inauguration Day on Jan. 20, 2025. Here’s a look at where things stand and what effect the delay might have: What hasn’t the Trump team signed and why? At issue are memorandums of understanding under which the incoming administration agrees to work with the outgoing one while also submitting requests for name and background checks. The FBI then commits to flagging to the White House any adverse information uncovered during the process. Congressionally mandated ethics disclosures and donor contribution limits are required as part of the agreements needed to begin the transition process. A reluctance to comply with those has been a factor in the Trump team’s hesitance to sign them, according to a person familiar with the process who spoke on condition of anonymity to discuss internal discussions. Is it too late? No. There’s still time for the agreements to be signed. A Justice Department spokesperson said discussions were ongoing with the Trump transition team, which did not respond to a request for comment on Thursday. But transition spokesman Brian Hughes said earlier this month that the team’s “lawyers continue to constructively engage with” lawyers and officials from ‘s outgoing administration and promised updates “once a decision is made.” In the meantime, Trump’s team has relied on internal campaign aides, allied groups and outside law firms to support its personnel effort. Trump for years has regarded FBI leadership with suspicion — in part because of the that shadowed his first term, and more recently because of FBI investigations into his and his efforts to undo the results of the 2020 election that led to his indictment last year. What effect is this having? During a normal transition period, the new administration uses the time before taking office to begin working to fill 4,000 government positions with political appointees, or people who are specifically tapped for their jobs by Trump’s team. That includes everyone from the secretary of state and other heads of Cabinet departments to those selected to serve part-time on boards and commissions. Around 1,200 of those presidential appointments require Senate confirmation — which should be easier with the in January. Trump has moved at record-setting speed to , and Senate GOP leaders say they plan to launch confirmation hearings as soon as the new Congress convenes on Jan. 3 — potentially allowing them to begin voting on nominees as soon as Inauguration Day. But about what they see as insufficient screening of the picks they’re being asked to consider. Some Senate Republicans have expressed concern about alleged wrongdoing by some Trump selections and two Democratic House members — Don Beyer of Virginia and Ted Lieu of California — introduced a proposal seeking to codify the FBI’s role in the background check process for political appointees of the president. And, while Gaetz is no longer an issue, he’s not the only Trump pick with an eyebrow-raising background. The president-elect’s nominee to be defense secretary, former Fox News personality Pete Hegseth, after a speaking appearance at a Republican women’s event in Monterey, California, but was not charged after a police investigation. A released Thursday contains graphic details of the sexual assault allegations. The selection of for director of national intelligence has alarmed some U.S. intelligence analysts. They point to her past criticism of Ukraine, and meetings with Syrian President Bashar Assad, a close ally of Russia and Iran. What effect will this have? Incoming members of Trump’s administration aren’t getting briefings and other information from their outgoing Biden administration counterparts that can help them better prepare for their new jobs. And Trump appointees with positions involving a security clearance won’t be able to begin work without a required background check. Once the president-elect takes office, however, he could simply order that officials be given a security clearance, as he was reported to have done for Whether the delay thus far will have any longer-term effects is impossible to yet know. The delayed process may not matter much given that Trump has already served as president and has a much better understanding of how to run an administration than he did in 2016, when he won his first term. But there is precedent for problems. The suggested that the disputed election of 2000 — which delayed the start of the transition between outgoing President Bill Clinton and incoming President George W. Bush — raised questions about national security gaps from one administration to the other that may have contributed to the U.S. being underprepared for the Sept. 11 attacks the following year. The “36-day delay cut in half the normal transition period,” which constituted a “loss of time that hampered the new administration in identifying, recruiting, clearing and obtaining Senate confirmation of key appointees” the stated in 2004. ___QBs Tommy DeVito vs. Cooper Rush: Who's Hurt?
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Article content A Toronto OnlyFans model jokingly asked her followers if she should pull the plug on her 85-year-old boyfriend as he lays in a hospital bed after claiming she was named to his will. Recommended Videos Bronwin Aurora, 22, shared a clip to TikTok back in October giving her elderly lover a little peck on the cheek before dancing in the room as he receives treatment, and has received more than 125,000 views. However, the video made its way to the social media account of Libs of TikTok this week, where it has been viewed more than 1.2 million times over two days. This is what tiktok does to people pic.twitter.com/zRhIvCELYT And the reaction to the video was swift online. “If any of this family sees this, they need to immediately take her off the will and rebuke her in front of everyone publicly during the reading of the will,” one person replied. “Hopefully the guy had enough energy left to reach the phone and ring up his estate attorney after witnessing this trash,” another commented. In more recent updates, the man — usually seen using a cane — appears healthy again as a video shared in late November shows him watching her dance outside in a post tagged #agegapcouple and #agegaprelationship. Aurora has explained that they love each other and age is of no concern. “I love him for who he is as a person, and he loves me for who I am as a person ... obviously,” she has said. RECOMMENDED VIDEO In another video posted to her Instagram account, a man off camera asks the man how he feels about her being “all over the internet.” “I wish she would let me have videos,” he replied. Aurora, who has more than 1 million followers on Instagram and over 500,000 on TikTok, said she would think about making a video with him. “Should we make a video?” she asked. A post shared by @bronwinaurora People in the comments were critical of her apparent relationship with the elderly man. “This is absolutely disgusting — financial abuse is just as much a crime as any other abuse toward our elders,” one person wrote. Another called it a publicity stunt by the model. “No one cares for your pathetic publicity stunts to try and sell your content.”Steelers QB Russell Wilson is spreading the wealth on offense
NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Hasbro, Inc. (NASDAQ: HAS). Shareholders who purchased shares of HAS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/hasbro-inc-loss-submission-form/?id=113440&from=3 CLASS PERIOD: February 7, 2022 to October 25, 2023 ALLEGATIONS: According to the filed complaint, it is alleged that defendants made numerous materially false and misleading statements and omissions about the quality inventory that Hasbro held throughout the class period, and represented that its rising inventory levels reflected outstanding and anticipated demand, rather than excess supply that outpaced waning demand. As a result of the foregoing, Hasbro common stock traded at artificially inflated prices throughout the Class Period and defendants’ statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. DEADLINE: January 13, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/hasbro-inc-loss-submission-form/?id=113440&from=3 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of HAS during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is January 13, 2025. There is no cost or obligation to you to participate in this case. WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: The Gross Law Firm 15 West 38th Street, 12th floor New York, NY, 10018 Email: dg@securitiesclasslaw.com Phone: (646) 453-8903
Steelers QB Russell Wilson is spreading the wealth on offenseA state's biggest environmental commitment faces a potential funding shortfall as analysis shows protecting key koala populations could cost more than $1.3 billion. Login or signup to continue reading The estimates, based on advice from the under-siege forestry industry, comes as the sector proposes two smaller alternatives for the planned Great Koala National Park in NSW. The park aims to link dozens of high-value koala habitat hubs near Coffs Harbour, protecting up to one in nine koalas living in NSW, Queensland and the ACT as well as 100 other native species. A report to be considered by state cabinet in the next fortnight lays out the cost of the baseline proposal to unite a string of national parks and state forests into a sprawling 176,000-hectare estate. Under conservationists' goal for a park twice the size of Canberra, establishment costs would reach an estimated $1.36 billion within five years. That includes $450 million in support to 2200 forestry workers, based on Victoria's cost of ending native timber harvesting. Ending wood supply contracts and establishing new plantations would add another $709 million, according to the analysis commissioned by the forestry industry. Only $80 million in state funds have been set aside for the park's establishment. The industry says a park one-fifth of the size could focus on areas with the highest populations of koalas and greater gliders while taking less than 10 per cent of the northeast wood supply. "The cost of the current assessment area comes with a jaw-dropping price tag for taxpayers," Australian Forest Products Association NSW chief executive James Jooste told AAP. "This is an enormous cost on taxpayers, and it puts the hardwood timber industry on the chopping block." The industry's preferred option comes with a 37,000-hectare footprint at an estimated establishment cost of $273 million and 440 jobs. An "acceptable" 58,000ha option would cost about $410 million and 660 jobs. Each proposal substantially reduces the amount of coastal forest under protection, with areas around Woolgoolga and Nambucca Heads left out. Environmentalists have attacked the analysis as disingenuous and grossly inflated. A Blueprint Institute assessment recently estimated the whole northeast NSW logging industry, including outside the national park footprint, would cost $215 million. "There is no science and there is certainly no credible economics in the logging industry pitch," Greens MP Sue Higginson said. "The real costs of the national park must be laid out including the actual losses the industry makes and the costs of the environmental harm of logging, including the carbon emissions." Logging has continued in state forests inside the proposed park area, although not since September 2023 in 106 koala hubs that mark out areas of high-value habitat. It comes as the state government faces mounting pressure over the impact of its logging business on nature. At least 5000 koalas were killed in the 2020 Black Summer bushfires and a subsequent parliamentary inquiry found they would be extinct by 2050 without urgent government intervention to stop habitat loss. An estimated 12,111 koalas live in the land earmarked for the national park. Official estimates have the combined koala population in NSW, Queensland and the ACT at somewhere between 95,000 and 238,000. The NSW government said the proposal from the industry advisory panel and two other panels would be considered before a final decision on the park's footprint. "We have always been clear that we need a comprehensive assessment process which takes into account environmental, economic, social, ecological and cultural issues," Environment Minister Penny Sharpe said. "The Great Koala National Park is the government's biggest environmental commitment, it will be delivered." 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When pro-European forces won in Moldova in November, their victory only passed by the slimmest of margins. A concerted Russian influence campaign was potentially behind it. A new government has formed in Moldova. Re-elected in early November, the pro-European President Maia Sandu has replaced only the ministers in charge of Interior, Agriculture and Infrastructure. Interior Minister Adrian Efros had earlier announced his resignation after it emerged that Moscow had used activists and hackers to interfere in the elections. In the summer, Maia Sandu's lead looked confident and everyone expected a strong Yes vote in the EU accession referendum. In both cases, the margin of victory for the pro-Western forces was tiny. Most young people in Moldova align themselves with Europe, but why then did 49% of the population vote against the EU? International observers say the answer lies in Russia and its annexed state, the breakaway Transnistrian republic. The border dividing Moldova into two parts is not recognised by the international community, yet it has stood for 34 years. The Transnistrian Republic has its own currency, number plates and, of course, flag. In the capital Tiraspol, time has stood still since the break-up of the Soviet Union. The monochrome of Lenin and Marx monuments is broken only by a statue of Harry Potter. 2,000 Russian soldiers stationed Transnistria ensure that things are done according to Moscow's wishes. That is why, in this part of Moldova, Russia's invasion of Ukraine can only be referred to as a defensive war or a special military operation. Those who express opposition to the war often find themselves behind bars. This is what happened to Viktor Plescanov, the country's best-known political prisoner. In 2022, the 50-year-old engineer hung a Ukrainian flag on his terrace and posted "Freedom for Ukraine" on his social media, only to be confronted by the authorities shortly afterwards. In September 2022, he was sentenced to three years and two months in prison without trial on terrorism charges. "The conditions in prison were hellish. It was like the 19th century. This is not Europe," explained Viktor, who at one point gave up and attempted suicide. He also showed on his arm exactly where he had tried to slit his wrists. Meanwhile, his wife, Oxana went from embassy to embassy recruiting supporters and telling Viktor Plescanov's story to the world. Eventually, under pressure from the OSCE and the US Ambassador in Chisinau, the Transnistrian leader Vadim Krasnozelsky pardoned Plescanov. But dozens of political prisoners remain in Tiraspol jails. This could be a serious obstacle to Moldova's EU accession, because if Moldovans were to join the integration process, Russian and Ukrainian separatists would come with them, something Brussels would prefer to avoid.DUBLIN, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Fusion Fuel Green PLC (NASDAQ: HTOO) (“Fusion Fuel” or the “Company”), a leader in full-service green hydrogen solutions, today announced the successful closing of its previously disclosed transaction to acquire a controlling stake in Quality Industrial Corp. (OTC Pink: QIND) (“QIND”) through a share exchange. The completion of this strategic acquisition strengthens Fusion Fuel’s position in the energy engineering, supply, and services business, creating a robust platform to capitalize on growing demand in the renewable energy and industrial gas sectors. As part of the transaction, Fusion Fuel has made several key leadership changes to align with its strategic vision. Effective immediately, John-Paul Backwell has been appointed Chief Executive Officer and will join the Company’s Board of Directors. Mr. Backwell will continue in his current role as Chief Executive Officer of QIND. Additionally, Frederico Figueira de Chaves, formerly the Company’s Chief Executive Officer, will transition to the role of Chief Strategy Officer and Head of Hydrogen Solutions. Gavin Jones continues as the Company’s Chief Financial Officer. Remarking upon the changes, Jeffrey Schwarz, Chairman of the Board of Fusion Fuel said, “We are thrilled to welcome Mr. Backwell to our executive leadership team, further strengthening the depth and breadth of our management capabilities. His extensive multidisciplinary experience in business management, with particular emphasis on the scaling of companies, international market development, and mergers and acquisitions—will be instrumental in driving Fusion Fuel’s growth and delivering long-term value to its stakeholders. Over the course of his more than two-decade career, Mr. Backwell has demonstrated exceptional leadership, holding key roles as Chief Executive, Managing Director, and both Executive and Non-Executive Director.” Mr. Schwarz continued, “In his new role as Chief Strategy Officer and Head of Hydrogen Solutions, Mr. Figueira de Chaves will focus on operational excellence and driving innovation in Fusion Fuel’s core hydrogen engineering capabilities.” John-Paul Backwell added: “I am honored to lead Fusion Fuel at this pivotal moment. This transaction marks a significant milestone in the evolution of Fusion Fuel’s business, providing the scale, synergies, and expertise needed to drive growth and deliver exceptional value to our stakeholders. Together with Frederico and the rest of the team, I am excited to build a world-class platform for engineering and advisory services across the energy and industrial sectors, helping to shape the future of energy and sustainability.” The Company plans to hold an investor presentation to provide an overview of the strategic rationale behind this transaction, the vision for the combined company, and its plans for sustained growth in the hydrogen and industrial gases markets. The date and time of the presentation will be announced over the coming days, with access details to follow on the Company’s website. Nasdaq Compliance Update The Company has also announced that the hearing to appeal the delisting of its securities from Nasdaq has been scheduled for January 7, 2025. Management is confident that following the close of this transaction and the consolidation of financials, Fusion Fuel will meet the stockholder equity requirements for continued listing. About Fusion Fuel Green plc Fusion Fuel Green plc (NASDAQ: HTOO) is a leading provider of full-service energy engineering and advisory solutions, specializing in green hydrogen and broader industrial gas applications. Through its majority-owned subsidiary, Quality Industrial Corp., Fusion Fuel now offers an expanded portfolio of services, including the design, supply, installation, and maintenance of energy systems, as well as the transport and distribution of liquefied petroleum gas. The Company serves a diverse customer base spanning commercial buildings, mixed-use developments, heavy industries, and food service sectors, while continuing to drive innovation in the renewable energy space. Fusion Fuel is committed to advancing the global energy transition by delivering sustainable, efficient, and reliable energy solutions. Learn more about Fusion Fuel by visiting our website at https://www.fusion-fuel.eu and following us on LinkedIn . A description of the Stock Purchase Agreement, dated November 19, 2024 (the “Purchase Agreement”), among the Company, QIND, and certain shareholders of QIND (the “Sellers”) is contained in a report on Form 6-K that was furnished by the Company to the Securities and Exchange Commission (the “SEC”) on November 20, 2024, and a copy of which was included as an exhibit to such Form 6-K. The description above is qualified in its entirety by reference to the full text of such exhibit. The Purchase Agreement sets forth material terms and conditions for the transaction that, upon consummation, resulted in Fusion Fuel’s acquisition of approximately 70% of the issued and outstanding share capital of QIND. Certain post-closing requirements are applicable, including stockholder approval of related matters and Nasdaq clearance of a new initial listing application, and failure to satisfy such requirements within a certain period may result in the unwinding of the acquisition by the Company of the shares of QIND. A further description of these requirements is contained in a report on Form 6-K that is being furnished by the Company to the SEC on or around the date hereof. There can be no assurance that post-closing requirements for the acquisition will be met. Forward-Looking Statements This press release includes “forward-looking statements.” Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target”, “may”, “intend”, “predict”, “should”, “would”, “predict”, “potential”, “seem”, “future”, “outlook” or other similar expressions (or negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements, including without limitation, the ability of the Company, QIND, and the Sellers to obtain all necessary regulatory and other consents and approvals in connection with the acquisition, the Company’s ability to complete the acquisition of QIND and integrate its business, obtain Nasdaq clearance of a new initial listing application in connection with the acquisition, and obtain stockholder approval of the matters to be voted on at a stockholders’ meeting to approve matters required to be approved in connection with the Purchase Agreement. Fusion Fuel has based these forward-looking statements largely on its current expectations, including but not limited the ability of the investment reported on to be consummated as anticipated. Such forward-looking statements are subject to risks and uncertainties (including those set forth in Fusion Fuel’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the Securities and Exchange Commission) which could cause actual results to differ from the forward-looking statements. Investor Relations Contact ir@fusion-fuel.eu