News Hub | News Direct

All Industries


Article thumbnail News Release

Sustainable Resource Corp creates “Sustainable Shrimps” brand to cater for consultancy services and technology sales

Rev Up Marketers

Sustainable Resource Corp are pleased to announce the launch of its dedicated land-based shrimp farming brand Sustainable Shrimps. A consultancy and equipment supplier for both indoor and outdoor Recirculating Aquaculture Systems (RAS). The site show cases our complete end-to-end technology solution for indoor shrimp production. The innovative technology is based on an advanced water circulation system that enables recycling of water and minimum liquid discharge (MLD). This ensures that high-water quality is maintained and creates optimal growing conditions that are nine times more profitable than traditional shrimp farming. To cater for aquaculturists who favor outdoor grow out conditions, Sustainable Shrimps ( www.sustainableshrimps.com ) also shares our tried and tested pond specification’s. Clients can receive delivery of all equipment (indoor and outdoor) with construction services also provided. Dedicated onsite training is also included, covering feeding & growth analysis, risk management, and water quality tracking procedures. The global aquaculture industry continues to show year on year growth, although with stagnant funding, working collaboratively with industry professionals and entrepreneurs is essential for industry progression. “Supporting aquaculture enthusiasts, collaborating on optimal growing techniques and technological progressions is the backbone of the industry. The launch of Sustainable Shrimps is very much in support of the industry itself. Adding to its value chain.” Said Andy Farley SEO of Sustainable Resource Corp. Global Shrimp Market Valued at USD 50bn today, the global shrimp market has been the most internationally traded seafood product since the 1970’s and is second to salmon as the most valuable aquaculture species globally today. Over the next 8 years the sector is expected to grow at CAGR of 9.5% reaching a USD 103bn valuation by 2032. About Sustainable Resource Corp Sustainable Resource Corp are a pioneering private equity firm focused specifically on the aquaculture industry. Operating privately of over 30 years, our team combines generations of aquaculture expertise, with the latest, most advanced RAS (Recirculating Aquaculture Systems) technology, to create sustainable and ecological solutions to local fish and seafood production. For further information, please contact: Mr. Carl Nicholson Public Relations Director Sustainable Resource Corp Office: +65 6829 2280 Email: carl@sustainableresourcecorp.com For more information, please visit: https://www.sustainableresourcecorp.com https://www.sustainableshrimps.com Contact Details Sustainable Resource Corp Carl Nicholson info@sustainableresourcecorp.com Company Website https://www.sustainableresourcecorp.com

October 22, 2024 08:48 AM Eastern Daylight Time

Article thumbnail News Release

Robinhood Introduces A New Way To Trade On Desktop Through Robinhood Legend

Benzinga

By Josh Enomoto, Benzinga Investors looking for an edge in the market may want to pay extra close attention to Robinhood, as they have unveiled the latest addition to its iconic trading platform. Named Robinhood Legend, this desktop-focused interface is designed from the ground up to accommodate active traders. While mobile-app trading certainly offers significant benefits, the smaller screens can represent a challenge in deciphering multiple datapoints. With a desktop setup, traders can analyze multiple charts and technical indicators simultaneously, facilitating information management and effective decision-making. Even better, Legend is available at no extra charge for all Robinhood account holders. Plus, the core attributes offered to a customer – no equity options contract fees (though certain charges may apply), low margin rates and commission-free stock and exchange-traded fund (ETF) trading – remain the same. What Distinguishes Robinhood Legend From the Pack Robinhood reports that Legend isn’t just another run-of-the-mill trading platform with some extra bells and whistles attached. Indeed, there are many generic products in the retail investing ecosystem. Instead, Legend represents a carefully tailored toolset for traders who require speed, precision and customization. Consider the following features: Customizable layout for personalized trading: With Robinhood Legend, you can personalize your trading setup in just a few clicks. Through the use of organizational widgets, market participants can adjust chart schematics to suit their strategies – whether that involves targeting technical indicators, market trends or price movements. Also, users can choose from pre-designed layouts, minimizing delays. Advanced charting tools for in-depth analysis: Investors increasingly rely on multiple disciplines, including technical analysis, to gain an edge. Robinhood Legend addresses the growing concern of companies paywalling their technical solutions with access to advanced charting analytics. Whether you’re tracking moving averages, Bollinger bands or Fibonacci retracements, Legend provides the tools necessary for consistent success. One-click trading for quicker execution: When it comes to trading, timing could be the difference between securing a profit or incurring a loss. Here, Robinhood Legend brings to the table a seamless solution, allowing traders to execute transactions directly from charts with a single click. Moreover, members have the ability to trade from a watchlist, an options chain or a position window. Essentially, traders can maintain situational awareness at all times, entering or exiting positions seamlessly without taking eyes off the live-feed analytics. A Must-Have For Active Traders Thanks to the underlying no extra cost framework for anybody with a Robinhood account, Legend’s product offering seems purely accretive. Many advanced traders will likely be willing to pay big bucks for access to the analytics alone, which can help identify profitable setups and opportunities. Most importantly, Legend’s focus on desktop functionality ensures that traders who need real-time data across multiple sources will benefit from a more comprehensive experience than what’s possible on mobile platforms. With sub-second data updates, users will always be cognizant of market movements, allowing for sharper, more responsive trading. With the doors open, now’s the perfect time to unlock the full potential of your trading experience with Robinhood Legend. Featured photo by Pexels on Pixabay. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Disclosures: While there is no additional cost to use Legend, there are other fees associated with your individual investing account. Review our fee schedule for more information. Robinhood doesn’t endorse or adopt any particular investment strategy or approach to evaluating individual securities or assets. Robinhood Legend use is for informational purposes only and is not a recommendation of any security, investing or trading strategy. Some of the capabilities of Robinhood Legend may be different or absent from what is offered via the Robinhood mobile app or Robinhood classic. Please be sure to understand these differences and what might work best for you. Brokerage services offered through Robinhood Financial LLC (member SIPC), a registered broker dealer. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 22, 2024 08:45 AM Eastern Daylight Time

Image
Article thumbnail News Release

Start Motion Media Launches Revolutionary Marketing Services Search Engine Shopping Assistant, Find Their Reliable Marketing Partner

Rev Up Marketers

Start Motion Media, a top-tier platform, has unleashed a cutting-edge tool that is set to transform the way businesses discover, compare, and choose marketing service providers: the Marketing Services Search Engine Shopping Assistant. In the latest record, Start Motion Media launches an innovative tool, Marketing Services Search Engine Shopping Assistant. The platform aims to provide a fresh, transparent, and privacy-first approach. By offering a new era for marketing service discovery, the platform prioritizes transparency, privacy, and trust. The Marketing Services Search Engine Shopping Assistant is designed to offer businesses a radically new way to find their ideal marketing partners without compromising on transparency or privacy. This innovative tool redefines the way companies evaluate and connect with marketing service providers, focusing on genuine customer reviews, clear pricing, and complete user anonymity. By leveraging advanced technology, the Shopping Assistant tool stands out by putting user experiences first. At Start Motion Media, rankings are driven entirely by real user reviews and transparent metrics, leveling the playing field for businesses searching for their next marketing partner. "Our goal is to empower businesses with unbiased, straightforward information," said the CEO of Start Motion Media. "By focusing on authentic user feedback and transparent pricing, we’re helping companies make smarter, faster decisions without all the noise and clutter that comes with traditional platforms." In addition, the Marketing Services Search Engine Shopping Assistant offers a revolutionary approach to finding the perfect marketing agency. It allows businesses to now bypass the noise, dodge biased recommendations, and get direct access to top-rated marketing firms without sacrificing privacy or wasting time. The users can visit websites to experience the future of marketing service discovery, where their reliable partner is just a few clicks away. Here are a few steps for using the cutting-edge tool, including: Added clarity and depth to emphasize privacy, transparency, and unbiased rankings—critical differentiators. Used relevant keywords like real-time search, AI-powered platform, user privacy, and transparent pricing to make the press release more aligned with what businesses care about today. Included a direct quote for authenticity and connection with the audience. Maintained a professional yet engaging tone, which suits press releases while being approachable to a broad readership. About Start Motion Media: Start Motion Media, a leading platform passionate about changing the way businesses find their marketing service providers. The platform is poised to offer a platform that emphasizes transparency, privacy, and unbiased rankings, ensuring that every business can connect with the best marketing partner for their needs, free from sponsorship or external influence. For more information visit https://www.startmotionmedia.com/top-10-marketing-services-near-me-marketing-company-shopping-assistant/ Contact Details Start Motion Media Marketing Services Miriam Chandi - Operations Manager hello@startmotionmedia.com Company Website https://www.startmotionmedia.com/

October 22, 2024 08:42 AM Eastern Daylight Time

Article thumbnail News Release

How Upcoming Presidential Election Could Impact Macroeconomic Lens, And How You Could Benefit – Crossroads Summit Aims To Offer Insight

Benzinga

By Anthony Termini, Benzinga People concerned about how the next election might impact their financial well-being or the state of global affairs may want to attend the 2024 Crossroads Summit… because chaos can often lead to opportunity. Former President Barack Obama is quoted as saying that elections have consequences. Perhaps this is why voters can often be consumed with confusion and anxiety leading up to them. Today’s political climate appears more divisive than most can remember, and the two candidates couldn’t be more different, both from a personality and policy perspective. Each one’s stated policies come with potential risks and rewards. Comparing The Candidates’ Corporate Tax Policies The Republican candidate Donald Trump vows to reduce the rate big companies pay in income taxes. He says he will lower the corporate tax rate from its current 21% to 15%. His Democratic opponent Kamala Harris pledges to raise it to 28%. The potential increase in corporate profits created by a lower tax bill might well benefit shareholders of public companies. But are they likely to increase the federal budget deficit? On the flip side, would an increase in those same tax rates so badly decrease corporate earnings that the stock market swoons? Or will GDP rise and will we witness a reduction in the deficit? The reality is that nobody can truly know with absolute certainty. According to the Penn Wharton Budget Model (PWBM), both candidates’ policy proposals will increase the federal budget deficit. More problematic is that the PWBM “analyses only include proposals that are detailed enough to score.” In other words, they really don’t have enough to go on to arrive at a solid conclusion. How Geopolitics And Economics Collide – Where Does Each Candidate Stand? Russia’s war on Ukraine “could upend fiscal and monetary policy in advanced economies,” according to the International Monetary Fund. The two candidates for president have very different views on how to deal with the conflict. Donald Trump says that the United States should “ get out ” of the mix and leave any resolution up to the two combatants. Vice President Harris has vowed “ unwavering support ” for the embattled country. Many investors find it problematic to determine whether the next President of the United States will usher in a new world order or maintain the status quo. The Council on Foreign Relations offers a stark contrast between the two. For example, Trump says that the United States should reassess its role in the North Atlantic Treaty Organization (NATO). The Vice President is a strong supporter of multilateral cooperation like NATO. Conflicts in places like Gaza and Congo and instability in places like Venezuela – where the U.S. has sanctioned judicial and election officials – add further chaos to the mix. All of this begs the question: How could these regional skirmishes change the climate for investment? Will The United States Lead, Follow Or Stay Out Of The Way? Potentially more troubling for American investors is the broader role the United States takes in global affairs beyond possible conflict resolution. Will an America First philosophy bolster the country’s standing as a leader among other nations and help it promote mutually beneficial synergies? Or will it stifle cooperation? The two candidates do not have the same approach to reinvigorating American engagement in the world. The consequences of trade and foreign policy are far-reaching, hugely complicated and as the World Trade Organization notes, “have always been intertwined.” Where Can Investors Turn For Insights? A recent article in Forbes magazine predicted that "over one hundred thousand humanoid robots will be deployed in the real world" by 2030 and that the job losses related to that and AI will lead to "civil unrest and protests." Investors looking to make sense of the chaos of a rapidly changing world might consider attending the Crossroads Summit 2024. The event offers traders an opportunity to network with geopolitical experts and thought leaders across different disciplines to help leaders refine investing strategies focused on the future. The Summit will feature several keynote speakers including bestselling authors Peter Zeihan and Neil Howe, City of Miami Mayor Francis Suarez, Vice President of Mastercard (NYSE: MA) Eduardo R. Abreu and more. The Crossroads Summit seeks to connect leaders and investors with some of the most respected visionaries in their fields. These analysts have a deep and multi-disciplinary understanding of the complex issues facing the world today. They are focused on identifying opportunities in potential innovations that may emerge from global chaos. The conference provides attendees with an opportunity to discuss their concerns about the future with experts whose business it is to profit from it. The Crossroads Summit believes that the sharpest traders and investors are always looking beyond the headlines and soundbites. Click here to attend the Crossroads Summit 2024 to vet your investment principles with thought leaders focused on tomorrow’s risks, innovations, and opportunities! Featured photo by Phil Hearing on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 22, 2024 08:35 AM Eastern Daylight Time

Image
Article thumbnail News Release

CSD Partners with Tive Technology to Promote Accessibility for d/Deaf and Hard of Hearing Communities across America

Communication Service for the Deaf

CSD in conjunction with ASL Now, a leading company for accessible customer service support in American Sign Language (ASL), is proud to announce its partnership with Tive LLC, a mobile app dedicated to enhancing relay communication and accessibility for consumers who are d/Deaf or Hard of Hearing. Specifically, Tive’s customer service will feature ASL Now’s Direct Video Calling (DVC) platform to provide direct, one-on-one support for Tive customers who communicate primarily in sign language. "We are excited to partner with Tive to expand direct accessibility solutions and support to the fingertips of our community," said Greg Pollock, Vice President of Business Development for ASL Now. "By integrating ASL Now’s DVC platform and Tive’s customer service representatives, we aim to break down communication barriers and promote accessibility in connection and communication." Noted benefits from this partnership include removing barriers of communication, efficient streamlined call times, and peace of mind for Tive’s d/Deaf and Hard of Hearing users. "Tive is committed to maintaining an inclusive environment where everyone can communicate effectively and confidently," said Leif Martinoff, CEO of Tive. "Working together with ASL Now allows us to further our meaningful mission for individuals to connect one-on-one with our customer service support in sign language and create resolutions in real time.” The partnership between ASL Now and Tive represents a shared commitment to advancing accessibility solutions and promoting inclusivity across digital platforms for d/Deaf and Hard of Hearing Americans. For more information about ASL Now and Tive, please visit aslnow.com and tivetechnology.com. About ASL Now: Since 2017, ASL Now has been providing innovative call center solutions for communicating directly with deaf customers in American Sign Language. Offering cutting-edge customer service through ASL Now decreases customer frustration and opens the door to a new market of loyal clients. This expertise provides an invaluable, time-saving solution for businesses, customers, and representatives alike. To learn more, visit ASL Now, and follow us on Facebook and LinkedIn. About Tive: Tive is a recognized mobile application for IOS and Android that has pioneered communication, connectivity, community, and accessibility to the fingertips of d/Deaf and Hard of Hearing Americans. About Communication Service for the Deaf Communication Service for the Deaf (CSD) is the largest Deaf-led social impact organization in the world. For more than four decades, CSD has been a leader in creating and providing accessible and innovative solutions for the Deaf community. Today, CSD continues its work to create opportunities for personal and economic growth within the Deaf community, specifically addressing leadership and employment. For more information, please visit CSD and follow us on Facebook, Twitter, Instagram, and LinkedIn. Contact Details Molly Miller mmiller@csd.org Company Website https://www.csd.org/

October 22, 2024 08:00 AM Eastern Daylight Time

Article thumbnail News Release

PRSA Colorado Hosts Annual One-Day Chapter Summit for Professional Development and Networking

PRSA Colorado

The Colorado Chapter of the Public Relations Society of America (PRSA Colorado), is hosting its annual Chapter Summit event, taking place Friday, Oct. 25, 2024, at Butterfly Pavilion in Westminster, Colo. This year’s event will feature expert speakers, hands-on workshops, and engaging panel discussions on the most pressing issues and trends facing PR professionals today. The 2024 Chapter Summit’s theme ‘ Shaping Tomorrow’s PR – Technology, Trust, and Transformation ’ will empower attendees with the latest insights on emerging technologies, building trust in today’s evolving media landscape, and driving meaningful transformation within the industry. "PRSA Colorado’s annual Chapter Summit is the perfect opportunity for communications professionals to stay ahead of the rapid changes shaping our industry," said Alicia V. Nieva-Woodgate, President of PRSA Colorado Chapter. "This year's Summit will bring together professionals across communications to enhance their skills and build essential connections. It's a unique chance for our members and the broader PR community to hear from industry experts, combining professional development with networking and gaining valuable insights into the trends transforming the future of our profession." Nationally recognized speakers such as Katie Paine, CEO and Founder of Paine Publishing, Mark Dvorak, M.A., APR, Fellow PRSA, and renowned journalist Robin Raskin are part of the impressive lineup for this year’s PRSA Colorado Summit. Joining them are executives from Cloudera, Hammerspace, DispatchHealth, CSG and Nspire among others, who will share their expertise on AI, communications, and industry trends. The agenda is a deep dive into the future of PR, exploring cutting-edge solutions and strategies shaping the field. The PRSA Colorado Chapter Summit is open to communication professionals, students and anyone within like-minded industries. Whether new to the field or a seasoned expert, this event offers valuable insights and actionable takeaways for all attendees. The full agenda and participants for this year’s event can be found here. For more information and to register, please visit the PRSA Colorado Chapter Summit webpage. The 2024 Chapter Summit is sponsored by ANW Networks, JKD & Company Inc. and CIG Public Relations. About PRSA Colorado: The Public Relations Society of America ( www.prsa.org ) is the nation’s largest association for the professional practice of public relations. The Colorado Chapter ( www.prsacolorado.org ), headquartered in Westminster, is consistently one of the largest chapters in the country. The chapter provides timely and profession-specific educational programs, information and networking opportunities to all of its members, which include professionals at all levels working at corporations, local and national public relations agencies, government offices, universities, nonprofits and independent PR practitioners. Contact Details Alicia Nieva-Woodgate +1 720-808-0086 alicia@anwnetworks.com Company Website https://prsacolorado.org/

October 22, 2024 07:00 AM Eastern Daylight Time

Article thumbnail News Release

Industrials Sector ETF (XLI) Offers Broad Exposure to the Industrial Sector with Top Holdings

Select Sector SPDR

The Industrials Select Sector SPDR Fund (XLI) offers investors a strategic avenue to engage with the broad industrials sector. This fund is designed to track an index of industrial stocks from the S&P 500, weighted by modified market capitalization. With assets under management surpassing $19 billion and an annual expense ratio of just 0.09%*, XLI presents an efficient and cost-effective method to gain exposure to this vital sector. Top 10 Holdings & Weightings** The fund’s diversified portfolio includes leading industrial companies, each representing significant facets of the sector. As of the latest update, the top 10 holdings and their respective weightings are: GE Aerospace: 4.94% Caterpillar: 4.58% RTX: 3.89% Uber Technologies: 3.81% Union Pacific: 3.62% Honeywell International: 3.25% Eaton: 3.18% Lockheed Martin: 2.99% Automatic Data Processing: 2.72% Deere: 2.58% ETF Industry and Sector Overview XLI's portfolio spans a comprehensive array of industries within the industrial sector, providing investors with diverse opportunities, including: Aerospace and Defense: The ETF features prominent companies like GE Aerospace, RTX, and Lockheed Martin, ensuring exposure to leaders in aerospace and defense technologies. Electrical Equipment Manufacturers: Holdings such as Eaton highlight the fund’s inclusion of top-tier electrical equipment manufacturers, reflecting advancements and innovations in this field. Construction and Engineering Firms: Investment in companies like Caterpillar allows investors to benefit from the ongoing trends in global infrastructure development and urbanization. Industrial Machinery Companies: By including firms such as Honeywell International, XLI enables participation in the machinery and equipment manufacturing landscape. Building Products: The fund also covers a range of building product companies, offering insights into the dynamic construction markets. With its extensive portfolio, XLI provides a balanced view of the industrial sector, from foundational infrastructure to cutting-edge technological advancements. As the industrial landscape continues to evolve, XLI stands out as a compelling option for investors keen on accessing the manifold opportunities within this dynamic sector. The fund’s holdings ensure a broad yet targeted exposure, making it an attractive choice for those looking to invest in the industrial domain. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Ordinary brokerage fees apply **Holdings, Weightings & Assets as of 9/30/24 subject to change DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007891 EXP 12/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

October 22, 2024 05:00 AM Eastern Daylight Time

Article thumbnail News Release

TRON DAO Supports Princeton Blockchain Club’s Crypto TigerTrek as Ruby Sponsor

TRON DAO

Geneva, Switzerland, October 21, 2024 – TRON DAO participated as a Ruby Sponsor at Princeton Blockchain Club ’s 3rd Annual Crypto TigerTrek, a novel Princeton experience that brought together students and industry professionals for a week filled with discussions, networking, and educational sessions, all focused on the evolving landscape of blockchain technology. TRON DAO has collaborated with top academic institutions through initiatives like the TRON Builder Tour, which has visited universities such as MIT, Harvard, and Columbia. Princeton was another important stop in TRON’s mission to mentor the next generation of blockchain developers and leaders. A Platform for Collaboration and Innovation As part of this event, Steven Bischoff, TRON Community Spokesperson, delivered a keynote to Princeton students. In his address, he emphasized the essential skills required to succeed in the cryptocurrency industry, along with providing a comprehensive overview of how to effectively communicate, navigate, and build collaborations within the industry. The keynote also provided an overview of TRON’s robust ecosystem and stablecoin solutions are driving adoption within emerging markets, showcasing real-world applications of blockchain technology in various industries. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the integration of BitTorrent, a pioneer in decentralized Web3 services, boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of October 2024, it has over 265 million total user accounts on the blockchain, more than 8.7 billion total transactions, and over $16 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

October 21, 2024 12:34 PM Eastern Daylight Time

Image
Article thumbnail News Release

Quantum BioPharma Ltd. Alleges Market Manipulation, Files Lawsuit, unbuzzed Continues To Gain Traction

QNTM

Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) continues to make strides in both biopharmaceutical innovation and its functional wellness product line. A biopharmaceutical company focused on the treatment of neurodegenerative and metabolic disorders, Quantum BioPharma’s recent efforts in launching a wellness beverage, unbuzzd, highlight a strategy to diversify and expand revenue streams beyond its core drug development. Expanding Market Reach with unbuzzd On October 7, 2024, Quantum BioPharma’s subsidiary, Celly Nutrition Corp., secured a Master Distribution Agreement with FUSION Consulting Group. This agreement grants unbuzzd, the company's innovative beverage designed to support the body in metabolizing alcohol, access to prominent retailers throughout Puerto Rico, the Caribbean, and parts of Central and South America. Retailers such as Walmart, Walgreens, CVS, and Costco will soon offer unbuzzd, helping it penetrate vacation-heavy markets where alcohol consumption is a common part of the experience. John Duffy, CEO of Celly Nutrition, emphasized the significance of this partnership: “Our collaboration with FUSION allows us to reach a broader audience and help consumers make healthier choices when it comes to alcohol consumption.” Unbuzzd offers a unique value proposition by helping to expedite the body's alcohol metabolism process, promoting clarity and faster recovery. FUSION’s distribution expertise, which includes previous success with brands like CELSIUS and SHINE Water, further enhances the product’s growth prospects in new markets. Legal Action: Alleged Market Manipulation In addition to its expanding product portfolio, Quantum BioPharma has recently taken legal action to address what it claims is a multi-year market manipulation scheme. On October 20, 2024, the company filed a lawsuit in the United States District Court for the Southern District of New York, alleging that CIBC World Markets, RBC Dominion Securities, and other entities engaged in stock price manipulation, commonly referred to as "spoofing." This legal action seeks damages in excess of $700 million, a figure that reflects the significant harm Quantum BioPharma believes it suffered as a result of these activities. The lawsuit alleges that between January 1, 2020, and August 15, 2024, these defendants repeatedly manipulated the share price of Quantum BioPharma, contributing to a dramatic drop in its stock value. CEO John Duffy described this legal step as a necessary measure to protect the company’s interests and its shareholders: “The market manipulation we’ve experienced has had severe financial consequences for the company and our investors. We are pursuing this case with full confidence in the strength of the evidence.” Law firms Christian Attar and Freedman Normand Friedland LLP are representing Quantum BioPharma on a contingency basis, ensuring that the company does not bear immediate financial pressure for legal costs. They have conducted extensive investigations that they believe substantiate claims of substantial market manipulation, affecting both the company and its retail investors. "In the 21 years our team has been prosecuting market manipulation cases against Wall Street, I believe this could be one of the top 5 biggest spoofing/market manipulation cases we have handled," stated James Wes Christian, highlighting the potential damages in excess of $700 million USD due to the alleged manipulative practices. Key Milestones for the Future Beyond the current legal developments and the market expansion of unbuzzd, Quantum BioPharma is advancing its core biopharma pipeline. The company’s lead compound, Lucid-MS, is designed to address myelin degradation in multiple sclerosis. In August 2024, Quantum BioPharma announced that it had received ethics approval in Australia to commence Phase 1 clinical trials for Lucid-MS. This milestone marks a critical step forward in the development of a potentially groundbreaking treatment for this challenging neurodegenerative disorder. Quantum BioPharma’s focus on long-term innovation and near-term revenue generation is reflected in its diversified business model. By maintaining a 25.71% stake in Celly Nutrition and earning royalties from unbuzzd sales, the company is positioned to benefit financially while continuing its pioneering work in the biopharmaceutical sector. Additionally, Quantum BioPharma retains 100% of the rights to develop a pharmaceutical version of unbuzzd specifically for medical use, offering further growth potential in the future. Conclusion Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) is demonstrating solid progress on multiple fronts. With the successful launch and distribution agreement for unbuzzd, legal efforts to address past market manipulation, and key milestones in its drug development pipeline, QNTM’s multifaceted strategy positions it as a compelling stock to monitor. While the company’s biopharma ambitions, particularly with Lucid-MS, hold long-term promise, the expansion of unbuzzd into new markets could drive more immediate revenue growth, making QNTM a stock with strong potential in both the wellness and biopharmaceutical industries. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performances are not statements of historical fact and may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Lifewater Media to assist in the production and distribution of this content. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only; you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third-party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details RazorPitch Mark McKelvie +1 585-301-7700 Mark@razorpitch.com Company Website http://razorpitch.com

October 21, 2024 11:55 AM Eastern Daylight Time

1 ... 2627282930 ... 3771