Corporate Officers – Upbeet Communications http://upbeetcommunications.com/ Tue, 11 Jan 2022 17:55:02 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://upbeetcommunications.com/wp-content/uploads/2021/07/icon-3.png Corporate Officers – Upbeet Communications http://upbeetcommunications.com/ 32 32 Jones Walker elects 10 new partners, strengthens leadership of his company https://upbeetcommunications.com/jones-walker-elects-10-new-partners-strengthens-leadership-of-his-company/ Tue, 11 Jan 2022 17:47:00 +0000 https://upbeetcommunications.com/jones-walker-elects-10-new-partners-strengthens-leadership-of-his-company/ Bill hines, managing partner of Jones walker, said: “I am honored to welcome a strong group of newly elected Jones walker the partners. I also look forward to working with Richard and Rivers and the other leaders of our firm as we continue to implement our strategic plan for success and growth. Richard’s unique background […]]]>

Bill hines, managing partner of Jones walker, said: “I am honored to welcome a strong group of newly elected Jones walker the partners. I also look forward to working with Richard and Rivers and the other leaders of our firm as we continue to implement our strategic plan for success and growth. Richard’s unique background and leadership in our diversity and inclusion efforts is a vital and welcome perspective for our Board of Directors and our firm. “

Jones walker new partners include former specialist lawyers Gibbons Addison, Liz craddock, Nick irmen, John morris, and Rose Sher as well as former partners Victoria Bagot, Daniel Baudouin, Jason culotta, Thomas slattery, and Joey steadman. These partnerships are also effective on January 1, 2022.

Board members

Richard Cortizas is a member of the corporate practice group of New Orleans office and acts as director of corporate diversity. He focuses on transactional matters, representing clients in complex land use and zoning issues, public finances and economic development projects. He has extensive experience representing businesses, developers and individuals before local planning commissions, zoning adjustment boards and governing authorities of political subdivisions of the state.

Lelong Rivers is a member of the Corporate Practice Group and a re-elected member of the firm’s board of directors. Rivers practice involves a variety of business transactions including secured financings, real estate, acquisitions and disposals of private companies and their assets, as well as the negotiation of sophisticated business contracts. He is also general external legal counsel for an international consumer packaged goods company as well as other small private companies.

New partners

Gibbons Addison is a member of the Litigation practice group within the firm Red Stick Office. He represents individuals and businesses, from local organizations to Fortune 250 companies, in commercial, real estate, property damage, construction, employment, personal injury, intellectual property, environment, oil and gas, estates, trusts and estates litigation. He manages all aspects of litigation and alternative dispute resolution, including research and defense against emergency and injunction requests. Gibbons serves in the community with the Boys & Girls of Metro Louisiana clubs and the Big Buddy program.

Elizabeth “Liz” Leoty Craddock is a member of the firm’s government relations team Washington DC, Office. She helps businesses, trade groups, and nonprofit entities connect and work with elected and appointed federal officials to educate, develop, negotiate, and pass laws critical to the success of the U.S. economy. His areas of interest include energy, environment, natural resources, agriculture, climate change and trade policy, as well as issues of social justice, ethics, sanctions and governance. Previously, Liz was the first female-dominated personnel director of the United States Senate Committee on Energy and Natural Resources and vice president of government and industrial affairs for an international oil and gas industry association.

Nick irmen is a member of the tax practice group within the firm New Orleans Office. He is a member of the Tax Credit Financing team and focuses on New Federal and State Market Tax Credits, Historic Rehabilitation Tax Credit, and Tax Credit Operations for social housing. Nick’s experience includes representing investors, developers, community development entities, syndication funds, and lenders in transactions using the Federal New Markets Tax Credit, the Credit Union. historic rehabilitation tax, social housing tax credit and various state tax credits.

John morris is a member of the corporate practice group within the firm Red Stick and Lafayette desks. It mainly focuses on public finance operations and related issues. He acts as a bond advisor to local government entities, such as municipalities, special districts and other political subdivisions, for their debt issues. John also acts as legal counsel to underwriters, issuers and fiduciary advisers in various public finance transactions. Jean is a resident of Lafayette, Louisiana, where he is an active member of the community in Lafayette. He sits on the board of directors of Downtown Lafayette Unlimited and sits on its executive finance committee. John also sits on the Government Affairs Committee of One Acadiana.

Rose Sher is a member of the firm’s tax practice group and the trusts and estates team New Orleans Office. She practices in the areas of estate planning and administration and is a specialist in estate planning and administration certified by the board of directors, as certified by the Louisiana Legal specialization advice. Rose also holds a Professional Chartered Philanthropy Advisor designation from the American College of Financial Services. In addition to her legal work, Rose also sits on the board of directors of the Jewish Children’s Regional Service and the Jewish Endowment Foundation.

Victoria Bagot is a member of the Corporate Practice Group and Corporate, Securities and Executive Compensation Team New Orleans Office. Victoria advises public and private companies in a wide range of industries on a range of corporate matters and in a variety of transactions, primarily in the areas of capital markets, finance and mergers and acquisitions. These matters included public and private offers of debt and equity securities, initial public offers and other transactions, such as take-over bids, exchange offers and solicitations of consent. She also regularly advises clients on SEC reporting, securities law and disclosure matters, as well as corporate governance and compliance.

Daniel Baudouin is a member of the Litigation Practice Group and the Energy, Environment and Natural Resources Industry Team in the Houston Office. He regularly represents clients in all sectors of the oil and gas industry, with a focus on disputes involving major service, joint operation, development, and purchase and sale contracts. Daniel has also represented oil and gas companies in matters relating to wrongful death and personal injury. He is a fellow of the Texas Bar Foundation and has been named Best Lawyer’s One’s to Watch in Commercial Litigation for the past two years. Daniel is also a member of duke university Council for the development of young graduates.

Jason culotta is a member of the practice of labor and employment group within the firm New Orleans Office. Jason is an active member of the Trade Secrets and Non-Competition Litigation Team and the Pay and Hours Litigation Team. Jason has successfully advocated a wide range of complex business and employment issues. He is also an active member of the cabinet pro bono regularly team and work with indigent clients on criminal justice and immigration matters.

Thomas slattery is a member of the Litigation Practice Group as well as the corporate compliance and white collar advocacy team within the firm New Orleans Office. Tom assists companies with a variety of compliance matters including corporate policies and procedures, third party risk management, government enforcement, and internal corporate investigations, with a focus on anti-corruption , sanctions and trade compliance. He also has extensive securities litigation experience as directors and officers of public companies in derivative shareholder suits and federal securities fraud class actions. Tom is the secretary of the board of directors of FLYTE (Financial Literacy You Take Everywhere), a New Orleans nonprofit whose mission is to create equitable access to financial and professional resources for business owners and minority families throughout the region.

Joey steadman is a member of the Litigation Practice Group of the firm’s mobile office. Joey represents banks, financial institutions and investors in commercial collection litigation and real estate matters in Alabama and Florida state courts. He has also defended municipal clients in civil litigation involving personal injury claims and land use disputes, as well as insurance companies in personal injury cases.

On Jones walker

Jones Walker LLP (joneswalker.com) is one of the 125 largest law firms in United States. With offices in Alabama, Arizona, the District of Colombia, Florida, Georgia, Louisiana, Mississippi, New York, and Texas, we serve local, regional, national and international business interests. The firm is committed to providing a full range of legal services to large public and private multinational corporations, Fortune® 500 companies, central banks, insurers around the world and emerging companies operating in United States and abroad.

Contact:
Mary margaret gorman
504.582.8207
[email protected]

Savannah Kirk
225.248.3435
[email protected]

SOURCE Jones Walker LLP

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In the grave and beyond! Beyond business https://upbeetcommunications.com/in-the-grave-and-beyond-beyond-business/ Sun, 09 Jan 2022 12:00:47 +0000 https://upbeetcommunications.com/in-the-grave-and-beyond-beyond-business/ Starting a business is easy. Getting it to survive yourself is surprisingly difficult. Let’s take a moment and discuss the afterlife of your business – like what happens to your business after your life. If you are like 73% of all small business owners, you are operating your business as a sole proprietorship. Your business […]]]>

Starting a business is easy. Getting it to survive yourself is surprisingly difficult.

Let’s take a moment and discuss the afterlife of your business – like what happens to your business after your life.

If you are like 73% of all small business owners, you are operating your business as a sole proprietorship. Your business is not formally organized as a separate entity. You cannot legally separate your business assets from your personal assets. You are personally responsible for the debts and obligations of the business.

Your business has a defined life expectancy – yours. When you die, your business dies with you.

Business assets are grouped together with personal assets in your probate estate. There is no operational structure to run the business until the assets of the business can be sold.

For the purposes of business succession planning, a sole proprietorship is a horrible structure. Sorry.

On the other hand, if you are like 17% of small businesses, you are operating your business as a corporation or LLC. As an entity, your business has a life of its own and is perfectly positioned for succession planning. We’ll take a brief look at both types and what happens when you die.

If your business is a corporation, you own it as a shareholder. A shareholder has a limited and well-defined role, which is to vote on major issues and to elect the board of directors. The board of directors manages the company as a trustee for the shareholders. The board hires the president, vice-president and other officers. The agents are responsible for the day-to-day management of the business. The company’s assets belong to the company. With a few exceptions, you are not personally responsible for the debts of the business.

When you die, society survives. Only your company shares will go through your probate succession. The board will continue to lead and the officers will continue to work. For a short period – only for the duration of the probate – your shares will be managed by your executor.

It’s pretty much the same for an LLC, except the roles have different names. You own the LLC as a member. The LLC is either operated by its members or by a manager. The LLC operating agreement defines the operational structure and what happens to the management and interests of the members upon the death of a member. Your membership interests will flow through your probate estate and will be managed by your executor.

For estate planning purposes, corporations and LLCs are valued because of their flexibility. They are a creature of the contract, with all the loopholes filled by law. There is a written plan for the appointment of a manager, director or successor officer. They are predictable.

If your business is operated as an entity, your executor does not run the business or manage the assets of the business. Instead, he or she votes your shares as a member or shareholder.

The remaining large percentage – 8% – of small business types is perhaps the worst of all for business continuity and succession planning: the general partnership. Your only hope is to have a good written partnership agreement with honest and reputable partners. Otherwise, on your death, the general partnership dies with you and the entire business must be liquidated.

Your initial choice of the form of your business – sole proprietorship, business, LLC, partnership, or whatever – will determine the afterlife of your business. A current business is generally more valuable than a collection of assets.

Virginia Hammerle is president of the law firm Hammerle Finley and certified by the Texas Board of Legal Specialization in civil trial law. To receive his newsletter, send an email legaltalktexas@hammerle.com or visit hammerle.com. This section does not constitute legal advice.


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TipRanks’ 3 Stock Picks for 2022 – The Hamden Journal https://upbeetcommunications.com/tipranks-3-stock-picks-for-2022-the-hamden-journal/ Sun, 02 Jan 2022 16:18:51 +0000 https://upbeetcommunications.com/tipranks-3-stock-picks-for-2022-the-hamden-journal/ The TipRanks database tracks over 9,600 publicly traded stocks. It’s a treasure trove of data, allowing investors to follow and follow their favorite stocks, or get the truth before they deposit their money. And now, as 2021 has turned into 2022, we can take a step back, take a broader look at the market, and […]]]>

The TipRanks database tracks over 9,600 publicly traded stocks. It’s a treasure trove of data, allowing investors to follow and follow their favorite stocks, or get the truth before they deposit their money. And now, as 2021 has turned into 2022, we can take a step back, take a broader look at the market, and dig deeper into 3 stocks with strong buy ratings and a “perfect 10” from the Smart Score.

These are quick data points that can show investors the likely path of a stock. A strong buy is evident – it’s derived from the aggregate of Wall Street analyst ratings and shows sentiment on the stock to be clearly bullish.

The Smart Score is a little different. This is a score derived from a wide variety of data sources. Composite data sets have all been shown to correlate strongly with stock performance, and the Smart Score shows, at a glance, how a stock measures. A perfect score, of 10, may not indicate strength across the board – but will indicate a stock that is generally very strong.

So let’s dive in. According to TipRanks data, these are 3 stocks investors should be looking at in the New Year. They bring together a series of positive attributes: the Strong Buy rating, the Smart Score of 10, and double-digit upside potential over one year.

General Motors (DG)

First of all, GM, a company that most of us are familiar with. This staple of the Detroit auto scene has been around for over a century, and its Renaissance Center headquarters is an iconic marker of downtown Detroit. GM owns some of Detroit’s most famous automotive brands and nameplates, including GMC, Cadillac, Chevy, and Buick.

Like much of the auto industry, GM has faced serious headwinds in the form of the COVID pandemic, supply chain disruptions, semiconductor chip shortages and rising inflation. . All of this impacted sales, revenue, profits, and market share. A glance at the third quarter results, released in October, will tell the story.

The top line, total revenue, showed $ 26.7 billion, down 24% year-over-year, and EPS, at $ 1.52, was the lowest since 2Q20. These declines have gone hand in hand with a drop in vehicle sales; at 446,997, total sales for the quarter were down 33% year-on-year. However, GM announced a sharp increase in its market share, which, at 13.3%, was up nearly 7% year-on-year.

Along with these results, GM has shown volatile stock market activity during 2021 – but in the end, the company’s shares have risen 41% in the past 12 months. This exceeds the 29% gain of the S&P over the same period.

The gains could be in part attributed to the auto giant’s positioning in the burgeoning electric vehicle (EV) space. Going forward, GM is making a major investment in the segment. The company showcased the Ultium platform, a flexible electric vehicle chassis that can support a variety of vehicle models – and bodes well for GM’s overall plan, to introduce up to 30 new electric vehicles. by 2025. These will include everything from commuter vehicles and vans to delivery vans and utility vehicles.

Regarding the Smart Score, we see that the Perfect 10 is here supported by a strong performance on 7 out of 8 metrics. Pay special attention to the hedging activity, which increased by around 1.2 million. stocks over the last quarter, and the topical sentiment, which is 82% bullish.

The story of EV is central to Wedbush analyst Daniel Ives’ positive outlook on GM. He writes, “With the software and services businesses complementing advanced battery technology, we believe GM is in an excellent position to monetize its vision for electric vehicles over the coming years. With the acceleration of the conversion, GM will be able to achieve revenue growth through improved product margins on every vehicle sold and will benefit significantly as the profit margins for subscription services reach new heights. record. “

Ives rates GM stocks as outperforming (a buy), and his price target of $ 85 indicates potential upside of 45% in the coming year. (To look at Ives’ palmares, Click here)

It is clear from the consensus that Wall Street agrees. GM recorded 13 reviews, with an 11-2 Buy over Hold split to support the Strong Buy rating. The shares are priced at $ 58.13 and their average target of $ 74.58 implies a 27% rise from that level. (See GM’s stock analysis on TipRanks)

DigitalBridge Group (DBRG)

Then, DigitalBridge Group, a company that mixes technology and real estate. DigitalBridge is a REIT, real estate investment trust, focused on digital economy properties. The Company purchases, builds, owns and operates a variety of interests, including data centers, fiber optic cable systems, small cell network infrastructure and wireless transmission towers.

Digital Bridge has decided to expand its footprint. Last October, the company bought a controlling stake in Vertical Bridge Holdings. Vertical Bridge, a privately held US-based company, owns and leases wireless telecommunications assets and has more than 8,000 towers in its networks. This has been added to the more than 20 companies in DigitalBridge’s portfolio and the more than $ 40 billion in assets that DigitalBridge manages.

More recently, DigitalBridge announced that a number of its assets in Latin America will benefit from an investment by the International Finance Corporation (IFC) in the region’s networks and wireless connectivity infrastructure. IFC will invest $ 25 million in companies that DigitalBridge has in its portfolio.

And finally, in a move that has helped streamline operations, DigitalBridge announced in December that it had sold part of its portfolio. The Other Equities and Debt (OED) segment was sold to Fortress Investment Group. The sale brought DigitalBridge a total of $ 506.8 million in realized value. This includes $ 443.4 million in direct cash, $ 31.2 million in cash that has already been received, and an additional $ 32.2 million in future payments, expected in 2022.

The high Smart Score here shows that an action does not need all the measurements to be perfect. Technical aspects and blogger opinions form the basis of DBRG’s bullish Smart Score. The company has an impressive 100% positive sentiment from financial bloggers.

B. Riley’s 5-star analyst Daniel Day envisions a “2022 filled with catalysts.” He says, “… we are seeing DBRG at an inflection point not only in profits, but also in simplifying operations. In 2022, we anticipate that the following events will occur, each of which is not only a potential catalyst, but is also expected to make the transformed DBRG easier to understand for new investors: 1) Redeployment of the proceeds from the recently announced asset sales to new investors. digital infrastructure assets, 2) dividend recovery, 3) initial AFFO forecast and 4) 2023/2025 forecast updates for Digital IM FRE and Digital Operating EBITDA (we believe the forecast is conservative).

Day sets a buy rating here, with a price target of $ 13 which suggests the stock has room for an additional 56% this coming year. (To see Day’s track record, Click here.)

This real estate company in the digital economy enjoys a unanimous note of strong buying conviction from Wall Street analysts; there are only 3 reviews here, but they all agree it’s a buy. The stock is selling for $ 8.33 and the average price target, at $ 11, indicates a potential gain of 32% over the next 12 months. (See DigitalBridge’s stock analysis on TipRanks)

Matador Resource Company (MTDR)

Last on our list is Matador Resources Company, an energy development company in the United States engaged in the exploration, development and production of unconventional oil and natural gas fields. The company’s current operations include oil and liquid rich areas in the Delaware Basin on the Texas-New Mexico border, the Eagle Ford Shale Zone in South Texas, and Louisiana areas Haynesville Shale and Cotton Valley Shale.

The New Mexico-Texas-Louisiana region has been at the center of America’s oil boom in recent years, and with the Biden administration’s de-emphasis on fossil fuels, the region is still a major producer. The quality of Matador’s holdings is evident from the trend in recent earnings reports. Over the past five consecutive quarters, the company has seen sequential gains in both revenue and profit. In the most recent quarter, 3Q21, Matador posted more than $ 472 million in revenue, up 132% from the previous year quarter, along with diluted EPS of 1 , $ 71, up sharply from the loss of $ 2.38 recorded in 3Q20. This was driven by production of oil and natural gas that exceeded expectations, at an average of 90,000 barrels of oil equivalent per day during the quarter.

Matador is another company whose Perfect Smart Score is based on several strongly positive metrics outweighing the negatives. While hedging activity in the last quarter declined, company executives – insiders – increased their buying activity to $ 264,200 of shares. Financial bloggers and news organizations were also positive, showing 100% bullish sentiment in MTDR stocks.

Matador’s recent success prompted the company to increase its dividend policy, doubling the payment for common stock to 5 cents per share. While the yield is low, the key point is the increase – and a solid cash flow behind it. Matador posted $ 291.2 million in operating cash in the third quarter, up 13% sequentially.

All of this pushed RBC 5-star analyst Scott Hanold up on Matador. He writes: “MTDR is well positioned to get off to a good start in early 2022 with the completion of upcoming Voni wells located in the prolific Stateline area in mid-February 2022. This also positions the expansion of the company. MTDR mid-term EBITDA and third-party volume increases. The focus on its core areas and the preloading of some CAPEX is expected to enable production growth of 20% year-on-year while generating a yield of 17% FCF. “

These comments support an outperformance (buy) rating on the stock, and Hanold’s $ 53 price target implies a 12-month gain of over 43%. (To look at Hanold’s background, Click here)

Matador recorded 9 reviews, including 7 purchases against just a pair of holds, supporting a strong buying consensus on the street. The average share price target is $ 53.38, suggesting a potential upside of 44% in the coming year. (See the analysis of Matador’s shares on TipRanks)

To find great ideas for trading stocks at attractive valuations, visit TipRanks Best Stocks To Buy, a recently launched tool that brings together all the information about TipRanks stocks.

Warning: The opinions expressed in this article are solely those of the analysts presented. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.


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Plantable Health completes its initial public offering https://upbeetcommunications.com/plantable-health-completes-its-initial-public-offering/ Fri, 31 Dec 2021 16:19:50 +0000 https://upbeetcommunications.com/plantable-health-completes-its-initial-public-offering/ Enter Wall Street with Street Insider Premium. Claim your 1-week free trial here. Vancouver, British Columbia – (Newsfile Corp. – December 31, 2021) – Plantable Health Inc. (“Plantable“or the”Society“), today announced the successful closing of its IPO (the”Offer“) Plantable units (“Units“) for C $ 0.40 (the”Offer price“) per Unit for gross proceeds of C $ […]]]>

Enter Wall Street with Street Insider Premium. Claim your 1-week free trial here.


Vancouver, British Columbia – (Newsfile Corp. – December 31, 2021) – Plantable Health Inc. (“Plantable“or the”Society“), today announced the successful closing of its IPO (the”Offer“) Plantable units (“Units“) for C $ 0.40 (the”Offer price“) per Unit for gross proceeds of C $ 4.5 million. Clarus Securities Inc. (the”Agent“) acted as sole agent and bookrunner with respect to the Offer.

CEO Dr Nadja Pinnavaia said: The IPO is a critical step that allows us to expand our operations and support current and future clinical trials to clinically prove our effective solution for long-term behavior change. With plant-based nutrition, one-on-one coaching and a grassroots lifestyle platform, our mission is to end unnecessary chronic disease, bringing joy to people’s lives through healthy and supportive health. optimal well-being.

Product use

The Company expects to use the net proceeds of the Offering for sales and marketing expenses, technology development, clinical trials and for working capital purposes. The main priorities include expanding the core direct-to-consumer business by strengthening the fundamentals of e-commerce, establishing “B2B2C” partnership distribution channels following the conclusion of clinical trials, and launch of the CPG line of healthy plant-based staples, including sauces, snacks, spices and condiments designed to facilitate the Plantable lifestyle, available for sale on the website and also in stores.

Board of directors

Plantable’s board of directors, made up of 5 members, to guide and support growth, is made up of the following people:

Nadja Pinnavaia – Founder, CEO and Director: Before founding Plantable, Dr Pinnavaia was Managing Director at Goldman Sachs in London where she worked for 12 years. She also holds an undergraduate degree in chemistry from King’s College London and a doctorate. in Quantum Chemistry from St. Catharine’s College, Cambridge. She holds the certificate in culinary nutrition from the Natural Gourmet Institute.

David Kopp – Strategic Advisor and Media Director: Mr. Kopp is an experienced general manager of consumer digital health with expertise spanning strategy, product development, marketing and technology. Mr. Kopp serves on several private and not-for-profit boards, including those of HealthTap, Inc., One Care Media, LLC and BreastCancer.org. From January 2016 to August 2020, Mr. Kopp was Managing Director of Healthline Media, Inc., a website and provider of health information. Mr. Kopp brings deep expertise in consumer-centric digital health businesses, particularly in growth marketing, team and culture scaling, financial planning and strategy.

Dr Jason Campagna MD, Ph.D. – Clinical Advisor and Director: Dr. Jason Campagna is a Board-certified physician and surgeon with experience in neuroscience, autoimmunology, and fatty liver disease. Dr. Campagna is currently the Medical Director of Q32 Bio Inc. Dr. Campagna was previously the Medical Director of Intercept Pharmaceuticals, Inc., a Nasdaq-listed pharmaceutical company specializing in the development of pharmacological solutions for non-viral liver disease. Dr Campagna completed his postdoctoral fellowships in neural plasticity and internal medicine at Massachusetts General Hospital in Boston. Dr Campagna brings extensive experience in clinical trials and an extensive network in major medical institutions.

Peter Hughes, B.Sc. – Senior Director: Mr. Hughes has 35 years of business experience, including senior and managerial positions in private and public companies specializing in a wide variety of industries. His experience includes corporate structuring, public and private financing, marketing, strategic planning, negotiation of agreements and management of public enterprises and operations. Mr. Hughes graduated from the University of British Columbia with a Bachelor of Science degree, completed the Canadian Securities Course at the Canadian Securities Institute, and completed the Directors and Officers Program.

Elisa Udaskin – Strategic Advisor and CPG Director: Ms. Udaskin is a seasoned brand marketer with 20 years of experience. Ms. Udaskin’s marketing career at Kraft Foods and Mondelez International has spanned traditional P&L management, innovation, customer relationship management and corporate partnerships in Canada, United States, Singapore and in the world. Ms. Udaskin obtained an MBA from the Schulich School of Business, York University in Toronto, Canada, an MBA from the Norman Paterson School of International Affairs, Carleton University, Ottawa, Canada and a BA, Policy Science at Queen’s University, Kingston, Canada.

Offer details

The Offer has been completed in accordance with the amended and updated (final) prospectus of the Company dated 23 December 2021 (the “Prospectus“) and filed with the securities commissions of the provinces of British Columbia, Alberta and Ontario, a copy of which is available under the Company’s profile on SEDAR at www.sedar.com.

Each Unit consists of one ordinary share in the capital of the Company (being a “Ordinary share“) and a half common share purchase warrant (each whole common share purchase warrant, a”To guarantee“). Each warrant entitles its holder to purchase one common share (a”Warrant share“) at an exercise price of $ 0.80 until 5:00 p.m. (Vancouver time) on December 31, 2023.

Listing of the Common Shares and the Warrants has been conditionally approved for listing on Neo Exchange Inc. (the “Neo“) under the symbol“ PLBL. ”Registration is expected to take place in mid-January and will be subject to the Company meeting all Neo requirements.

The Agent has been granted an option, which can be exercised at any time until January 30, 2022, allowing it to sell up to 1,687,500 additional units at the offer price, up to 1,687,500 shares. additional ordinary shares at a price of $ 0.395 per common share, and / or up to 843,750 additional warrants at a price of $ 0.01 per warrant, in any combination, to cover the over-allotment position of agent, if applicable, and for market stabilization purposes.

No securities regulatory authority has approved or disapproved of the contents of this press release. The securities in connection with the Offer have not been and will not be registered under the United States Securities Act of 1933, as amended (the “US Securities Act “), or the securities laws of any state of the United States and may not be offered, sold or delivered, directly or indirectly, in the United States except under an exemption from the registration requirements of the US Securities Act and This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities in any jurisdiction in which the offer or sale thereof is not not allowed.

About Plantable Health Inc.

Plantable is a clinically-supported, fundamental outcomes lifestyle change program that combines behavioral psychology, neuroscience and nutritional science to transform health and wellness. Plantable promotes healthy weight loss and improved performance, health and well-being, bringing together plant-based meals, personalized support and lifestyle tools to empower people to change their eating habits . For more information on the fundamental results of the company, please see “Summary of the Prospectus – Clinical Trials and Results” in the Prospectus.

For more information, please contact:

Dr Nadja Pinnavaia
Chief executive officer
E-mail: Nadja@plantable.com

For investor inquiries, please contact:

Olenka Slawski
Corporate communication and investor relations
E-mail: Invest@plantable.com
Telephone: 778-200-4926

Caution regarding forward-looking information

Certain statements contained in this press release constitute forward-looking statements within the meaning of applicable securities laws. All statements in this press release, other than statements of historical fact, which deal with events or developments that the management of the Company expects, are forward-looking statements. More specifically, references in this press release to the listing of the Common Shares on the Neo and at the time thereof, the use of the proceeds of the offering and the mission and objectives of the Company constitute forward-looking statements. Forward-looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond the control of the Company, which could cause actual results and events to differ materially. of those disclosed or implied by such forward-looking statements, see “Notice to Investors – Forward-looking Information” and “Risk Factors” in the Prospectus. The Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except and except as required by applicable securities laws. .

Do not distribute to US news agencies or broadcast in the United States.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108791


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OPS: Investigation shows no indication that a recent online threat originated in Owensboro, no local students involved https://upbeetcommunications.com/ops-investigation-shows-no-indication-that-a-recent-online-threat-originated-in-owensboro-no-local-students-involved/ Wed, 29 Dec 2021 15:13:55 +0000 https://upbeetcommunications.com/ops-investigation-shows-no-indication-that-a-recent-online-threat-originated-in-owensboro-no-local-students-involved/ Graphic by Owensboro Times After further investigation, the Owensboro Police Department determined that there was no indication that the recent “TikTok Challenge” threat, which referred to a school bearing the initials “WHO”, had any connection to Owensboro. , according to a statement from Owensboro Public Schools. “OPD conducted extensive interviews and coordinated with TikTok Headquarters […]]]>

Graphic by Owensboro Times

After further investigation, the Owensboro Police Department determined that there was no indication that the recent “TikTok Challenge” threat, which referred to a school bearing the initials “WHO”, had any connection to Owensboro. , according to a statement from Owensboro Public Schools.

“OPD conducted extensive interviews and coordinated with TikTok Headquarters during their investigation and determined that there is NO INDICATION that the original threat originated from Owensboro or referred to our specific building, “according to a statement Wednesday morning from Owensboro Public Schools. . “They also determined that NONE of our students were involved in this incident.”

The threat – which police and school officials said appeared to be part of a challenge on social media – referred to a school with the initials “WHO” on it, though it was unclear what where the source of the threat came from. According to the OPD, they received information with reference to the social media post at around 11:20 p.m. on December 15.

They immediately began interviewing several people and obtaining search warrants for social media platforms. They also had additional agents present on OPS property for the remainder of the week.

PAHO’s Wednesday statement continued, “As we mentioned earlier, this was another example of the ‘TikTok’ challenges that have arisen across the country and our district must address every threat to our people. students or our schools as if it were real until we know otherwise. We encourage parents and guardians to continue monitoring your students’ social media habits and talking to them about the dangers and consequences of these “challenges”.


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In Myanmar, notable Burmese family quietly outfitted a brutal army https://upbeetcommunications.com/in-myanmar-notable-burmese-family-quietly-outfitted-a-brutal-army/ Fri, 24 Dec 2021 17:09:03 +0000 https://upbeetcommunications.com/in-myanmar-notable-burmese-family-quietly-outfitted-a-brutal-army/ Ultimately, the history of the Kyaw Thaungs parallels that of Myanmar: a country of immense potential foiled by a ruthless army and families willing to compromise in pursuit of its riches. The Kyaw Thaung capitalized on their family ties to land lucrative contracts providing the military with European planes and a French coastal surveillance system. […]]]>

Ultimately, the history of the Kyaw Thaungs parallels that of Myanmar: a country of immense potential foiled by a ruthless army and families willing to compromise in pursuit of its riches.

The Kyaw Thaung capitalized on their family ties to land lucrative contracts providing the military with European planes and a French coastal surveillance system. They bid on a deal to supply Italian weapons to the navy, according to a former company employee and an email discussing the offer. A relative, a former general who served as both energy minister and chairman of the national investment commission, officially endorsed the deals Kyaw Thaung companies have made with military-related companies or with the army itself.

To hide the true source of their wealth, they’ve set up a tangled web of companies in jurisdictions ranging from the British Virgin Islands to Singapore. Some of them were opened and closed with a single transaction, and they depended on ownership structures that sometimes obscured the involvement of family members.

Part of the family’s military purchases were designed to evade Western export controls intended to prevent the Tatmadaw from strengthening its command, according to international sanctions experts and five former company employees. Coastal radar technology, for example, could have broken those rules: It was operational when Rohingya Muslims attempted to escape a military massacre that UN investigators said could amount to genocide.

One of the family businesses donated over $ 40,000 to the Tatmadaw for what the United Nations has described as a cover-up of the ethnic cleansing site. A 2019 UN report on the military persecution of the Rohingya underscored this contribution.

In interviews, Jonathan Kyaw Thaung denied any impropriety, saying his relationship with the military was nothing more than any company operating in Myanmar. He said his relatives, including his father, did not supply the Tatmadaw with military equipment and that other families were the real arms dealers in the country. He noted that his grandfather, who started the family business, stayed away from the fishing or cattle trade because it would violate Buddhist prohibitions on taking lives.

Mr Jonathan Kyaw Thaung, 39, said in a later interview that he was not close to his father, U Moe Kyaw Thaung, and that he was not sure what type of business his father was running. He said it was not correct to refer to a family business due to the separate companies he and his father ran. (He was a director of one of his father’s companies and is currently a director of another.)


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GAN LTD: Change of Directors or Key Officers, Financial Statements and Supporting Documents (Form 8-K) https://upbeetcommunications.com/gan-ltd-change-of-directors-or-key-officers-financial-statements-and-supporting-documents-form-8-k/ Wed, 22 Dec 2021 22:32:14 +0000 https://upbeetcommunications.com/gan-ltd-change-of-directors-or-key-officers-financial-statements-and-supporting-documents-form-8-k/ Item 5.02 Departure of directors or certain officers; Election of directors; Appointment of certain officers; Compensatory provisions of certain agents At December 17, 2021, Donald ryan, 53, has been promoted to President, Enterprise Solutions, where he will assume primary responsibility for managing GAN’s global B2B operating segment. Mr. Ryan previously as COO since joining GAN […]]]>

Item 5.02 Departure of directors or certain officers; Election of directors; Appointment of certain officers; Compensatory provisions of certain agents

At December 17, 2021, Donald ryan, 53, has been promoted to President, Enterprise Solutions, where he will assume primary responsibility for managing GAN’s global B2B operating segment. Mr. Ryan previously as COO since joining GAN in april 2020. Before joining the GAN, Mr. Ryan was CEO of Sports News Group LLC
from april 2018 at december 2019, the first vice-president of Game development for Greenwood Gaming & Entertainment Inc. from april 2015 at april 2018, and the senior vice president of games for Betfair Interactive US LLC
from March 2014 at april 2015. Mr. Ryan has extensive experience in online and mobile consumer products and services (with a particular focus on gaming and gambling), leveraging a range of business models including regulated transactions, business partnerships affiliation, online subscriptions, e-commerce, white-label distribution, online advertising, virtual currencies and micro-transactions. Mr. Ryan holds a Bachelor of Science, Electrical Engineering from the University of Alaska Fairbanks and an MBA from Northwestern University
Kellogg School of Management.

As part of its promotion, the Company has entered into a modified and updated executive employment contract with Mr. Ryan, which provides for an annual base salary of $ 400,000 and a target bonus opportunity equal to 100% of his salary, based at 50% on the performance of the GAN, these performance objectives to be set annually by the Compensation Committee, and 50% on Mr. Ryan achieve certain specific performance objectives to be defined by the Chief Executive Officer in consultation with the Compensation Committee; on condition that Mr. Ryan will be deemed to have earned his target bonus as long as he (a) remains employed by GAN for the relevant annual period, (b) does not voluntarily terminate his employment (other than for good reason) prior to payment of the bonus target, and (c) is materially in compliance with the amended and updated executive employment contract. The target bonus for 2021 can be paid 65% in cash and 35% in vested restricted stock units (“RSUs”). To the extent that Mr. Ryan chooses, he may receive a greater portion of his target bonus in vested PSUs, payable at a ratio of 150% of the surrendered cash value. The target bonus for 2022 can be paid 50% in cash and 50% in vested RSUs. In addition, Mr. Ryan will be eligible to receive an annual share grant in an amount and under the terms and conditions established by the Compensation Committee. For 2022, Mr. Ryan will receive an award of PSU shares in the first quarter of 2022, equal to 150% of his annual salary, such PSUs being settled annually over four years.

Mr. Ryan’s employment is at will, provided that in the event that the GAN terminates his employment without cause or Mr. Ryan terminates his employment with good reasons (each as defined in the amended and updated executive employment contract), Mr. Ryan shall be entitled to receive severance pay in an amount equal to once the sum of his then current base salary and his target bonus, (c) a proportional portion of the target bonus for the year to during which termination of employment occurs, (d) the prorated acceleration of the vesting of rights to outstanding shares, and (e) an amount equal to COBRA premiums for a period of 12 months. In the event of a change of control (as defined in the amended and updated executive employment contract), the GAN will pay to Mr. Ryan, a cash transaction bonus in an amount equal to once his base salary then in effect. Moreover, if Mr. Ryan’s the employment is terminated without cause or for good reason during the period of three months before or two years after a change of control, then Mr. Ryan shall be entitled to receive (a) a cash severance package in an amount equal to one and a half times the sum of his current base salary and target bonus, (b) a pro-rated portion of the target bonus for the year in which the termination occurs, (c) accelerating the vesting of all its outstanding share awards, and (d) an amount equal to COBRA bonuses for a period of 18 months. A copy of Mr. Ryan’s The Amended and Restated Executive Employment Agreement is filed as Exhibit 10.1 hereof and incorporated by reference into this report.



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At December 19, 2021, Sylvia Tiscareño, 45, has been appointed Chief Legal Officer. Mrs. Tiscareño succeeds Michel arouh, whose employment at GAN ended on December 9, 2021. From 2015 to 2021, Ms. Tiscareño served as General Counsel at William Hill USA, Inc. Previously, she was Assistant General Counsel at Aristocrat Technologies, Inc. from 2008 to 2015. Prior to that, she held the position of legal counsel for JKG Development and as an associate lawyer at Cooksey, Toolen, Gage, Duffy & Wong. Ms. Tiscareño holds a Bachelor of Arts, Sociology of University of Nevada-Las Vegas and a doctorate in law from Faculty of Law of the University of the Capital. Ms. Tiscareño brings extensive experience as a general counsel and business advisor in the technology, sports and online gaming industries.

As part of her appointment, GAN entered into an executive employment contract with Ms. Tiscareño, which provides for an annual base salary of
$ 350,000 (increasing to $ 400,000 effective April 1, 2022) and a target bonus opportunity equal to 100% of her salary, based at 50% on the performance of the GAN, these performance objectives to be set annually by the remuneration committee, and 50% on the achievement by Ms. Tiscareño of certain specific performance objectives to be defined by the Chief Executive Officer in consultation with the Compensation Committee; provided Ms. Tiscareño is deemed to have earned her Target Bonus as long as she (a) remains employed by GAN for the relevant annual period, (b) does not voluntarily terminate her employment (except for good reason) prior to payment of the target bonus, and (c) materially conforms to the executive employment contract. The target bonus can be paid 50% in cash and 50% in vested RSUs. In addition, Ms. Tiscareño will be eligible to receive an annual share award in an amount and under the terms and conditions established by the Compensation Committee. For 2021, Ms. Tiscareño will receive an award of 20,000 restricted stock units which will be settled on December 31, 2022. For 2022, Ms. Tiscareño will receive an award of PSU shares in the first quarter of 2022, equal to 150% of her annual salary, with these PSUs being settled annually over four years.

The employment of Ms. Tiscareño is at will, provided that in the event that the GAN terminates her employment without cause or Ms. Tiscareño terminates her employment with good reasons (each as defined in the employment contract of frames), Mr. Ryan shall be entitled to receive severance pay in an amount equal to (a) once the sum of his then current base salary and his target bonus, (b) a prorated portion of the target bonus for the year in which the termination occurs, (c) the pro-rata acceleration of the acquisition of rights to the outstanding shares, and (d) an amount equal to the COBRA premiums for a period of 12 months. In the event of a change of control (as defined in the amended and updated executive employment contract), GAN will pay Ms. Tiscareño a cash transaction bonus in an amount equal to one times her base salary. then in effect. In addition, if Ms. Tiscareño’s employment is terminated without cause or for good reason during the period of three months before or two years after a change of control, then Ms. Tiscareño will be entitled to receive (a) a severance pay in cash in an amount equal to one and one-half of the sum of his current base salary and target bonus, (b) a prorated portion of the target bonus for the year in which the termination occurs, (c) accelerating the acquisition of all of its outstanding equity and (d) an amount equal to COBRA premiums for a period of 18 months. A copy of Ms. Tiscareño’s Management Employment Agreement is filed as Exhibit 10.2 of this Report and is incorporated herein by reference.

Item 9.01 Financial statements and supporting documents



(d) Exhibits



Exhibit No.   Description
10.1            Amended and Restated Executive Employment Agreement, between the
              Company and Donald Ryan, effective as of December 17, 2021.
10.2            Executive Employment Agreement, between the Company and Sylvia
              Tiscareño, dated December 19, 2021.
104           Cover Page Interactive Data File (formatted as inline XBRL)




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© Edgar online, source Previews


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Uyghur women remember horrors of China’s labor camps https://upbeetcommunications.com/uyghur-women-remember-horrors-of-chinas-labor-camps/ Sat, 18 Dec 2021 17:39:00 +0000 https://upbeetcommunications.com/uyghur-women-remember-horrors-of-chinas-labor-camps/ In 2017, Tursunay Ziyawudun was arrested on the street in northern China’s Xinjiang region, forced by police to hand over her passport, and taken to a prison camp about 30 minutes from her village. There she was forced to sing Communist songs of patriotism and repeatedly said that her Muslim religion did not exist. After […]]]>

In 2017, Tursunay Ziyawudun was arrested on the street in northern China’s Xinjiang region, forced by police to hand over her passport, and taken to a prison camp about 30 minutes from her village. There she was forced to sing Communist songs of patriotism and repeatedly said that her Muslim religion did not exist. After a month, she developed stomach problems, passed out, and was released.

“They sent me to the hospital,” Ziyawudun, who came to the United States as a political refugee in 2020, told The Post. “If they hadn’t, maybe I would be dead.”

The year after being arrested on the street, still in China, she was summoned to a police station and told that she had to complete her training. She was sent back to the “re-education” camp, where her hair was cropped – likely to be sold as a wig – and her earrings were pulled out. “They pulled him so hard my ears were bleeding,” Ziyawudun recalls. “I was treated like an animal. “

Collapsing and crying, she said, “I was gang raped and my private parts were tortured with electricity. You end up with marks on your body that prevent you from looking at yourself.

Tursunay Ziyawudun told the BBC that this aerial image from 2019 looks like the site of the camp where she was held.
Google earth

“They gave me sterilization pills,” Ziyawudun said. “I’m pretty sure that’s why I can’t have a baby now.”

Its history is, tragically, not uncommon for members of the minority Uyghur religion, of Turkish origin, in the China of President XI Jinping. Since around 2016, they have been taken off the streets and sent to re-education camps – where reports of people being tortured, raped and even killed. They are sent there under the auspices of learning a trade and strengthening their patriotism.

On Thursday, the US Senate followed the House’s lead in passing the Uyghur Forced Labor Prevention Act, which promises to ban imports from the Xinjiang region – home to some 12 million Uyghurs – in unless there is proof that the goods were not produced by forced labor. . It is now waiting to be signed by President Biden.

Gulzira Auelkhan, who has been buried for two years, told the Post that she "felt a slave."
Gulzira Auelkhan, who has been buried for two years, told the Post that she “felt like a slave”.
Ron Sachs / CNP for NY Post

Amelia Pang, author of “Made in China: A Prisoner, an SOS Letter, and the Hidden Cost of America’s Cheap Goods”, admitted that this act is a huge deal that “hurts China’s plan.” China has invested a lot of money in the creation of a major trade route [that goes through Xinjiang] a key element of what is called its “Belt and Road” initiative. It is a trillion dollar project aimed at connecting China with Central Asia, Europe and the Middle East. It’s almost too big to fail.

“They are afraid of an uprising in the region. They are so afraid of losing their investment.

But she stressed that, to be effective, the law needs the teeth of business leaders: study finds published by the Australian Strategic Policy Institute, companies such as Nike, BMW and Apple use components and materials produced directly or indirectly through forced labor.

“The supply chain is murky… and there’s not a lot of accountability,” Pang told The Post, adding that big companies often look the other way and avoid asking the right questions. “They must ask themselves if the money they are paying [for manufacturing] can realistically reach wages in this region. Factories monitor the bottom line and contract out to prison camps where workers are mostly slaves. “

An Apple spokesperson told The Post: “We have conducted over 1,100 audits, including surprise audits, and interviewed over 57,000 workers to make sure our standards are being met … no evidence of forced labor in our supply chain. Representatives for Nike and BMW did not respond to requests for comment.

Gulzira Auelkhan says her husband saw her working in the glove factory in a Chinese state media video on YouTube.
Auelkhan says her husband saw her working in the glove factory in a Chinese state media video on YouTube.
Chinese State Media

The next time you’re tempted to shop for a pair of China-made leather gloves, consider Gulzira Auelkhan. She spent two and a half months in a forced labor camp near the northern border of the country, working for pennies an hour sewing gloves.

“There were cameras and police and you couldn’t sit down,” she told the Post. “I was working constantly, 14 hours a day, and I was being yelled at so much that it was starting to feel normal.”

Surprisingly, what kept Auelkhan, who was granted political asylum in the United States earlier this year, from slowing down the assembly line was the fear of being relieved of his job.

“If you said you didn’t want to work, you would go back to [prison] camp, where you would be tortured, ”she said. “I felt like a slave but it was better than being on the other side.”

Kuzzat Altay, the wealthy CEO of Cydeo, has now been taken to a re-education camp.
Kuzzat Altay, CEO of Cydeo, said his father spent two years in a re-education camp.
Provided by Kuzzat Altay

Indeed, Ziyawudun recalled the imminent threat of being summoned to a space that the women of her prison camp called “the dark room”.

“We were all afraid of it. When the police wanted to threaten us, they said they were going to take us to that room, ”Ziyawudun said. “Everything you can think of including rape takes place in this room. “

Pang is not surprised: “Rape is quite common in forced labor camps,” she said. “The goal is to brainwash the prisoners to be patriotic and extremely aligned with the Chinese state.”

Bob Fu, founder and chairman of China Aid, an organization with a mission to advance religious freedom in China, was told by a former prisoner that sexual brutality comes with a commercial component.

“We saved a woman who was an eyewitness to a government-organized program for prostitution,” Fu told the Post. “She was handcuffed to the bed, the man did his thing and she cried. She said she heard the man screaming and complaining that he paid a lot of money for it and that she was crying.

Devilishly convenient for the Chinese, according to Kuzzat Altay, CEO of Cydeo, an international software coding boot camp, the use of forced labor in hundreds of camps and factories scattered across the country is helping the Chinese government reduce manufacturing costs around the world.

“China keeps the prices low and Americans continue to buy Chinese goods at low prices,” said Altay, a former Xinjiang resident who moved to America in 2008 and is a staunch opponent of human rights violations in the country. the country.

“The entire manufacturing supply chain in China involves forced labor. They make shoes, pants, solar panels in these forced labor factories, ”he told the Post. “The Chinese economy is a vector of oppression and a source of influence in Silicon Valley, Hollywood and Wall Street. This money comes from slavery.

A perimeter fence is built around what is officially known as a vocational training center in Dabancheng, Xinjiang Uyghur Autonomous Region, China.
A perimeter fence is built around what is officially known as a vocational training center in Dabancheng, Xinjiang Uyghur Autonomous Region, China.
Thomas Pierre / REUTERS

Altay’s father, 67, was held in a prison camp for two years, supposedly there, so the government could teach him a trade that could help the Communist Party.

Two years later, Altay said, “I didn’t know if he was alive or not. I cried every day. It was mental torture.

Fortunately. Altay’s father came out with his organs intact. “Organ harvesting is normal in the Chinese Communist Party,” Altay said. “They’re known for it. There are wealthy Middle Eastern customers who want Muslim kidneys ”- which is alcohol and pork free. “So the Uyghurs had their kidneys removed. “

In 2019, a group called the China Tribunal testified before the United Nations Human Rights Council, claiming that “forced organ harvesting from prisoners of conscience has been committed for years across China on a massive scale. significant ”.

Altay sees this as more than pure cruelty – saying it’s also a form of slow-motion genocide. “The women are sterilized because the Chinese government wants to minimize the Uyghur population,” he said. “Right now, the population growth is almost zero percent. In 10 years, it will be zero.

Chinese government spokespersons denied this.

An image that allegedly shows prisoners at a Chinese political re-education camp in Lop County, Hotan Prefecture, Xinjiang.
This image is said to show prisoners at a Chinese political re-education camp in Lop County, Hotan Prefecture, Xinjiang.
Xinjiang Justice Bureau / WeChat

Pang thinks the way to help end all of this is for Western consumers to stop buying products made with forced labor – a movement she calls “ethical consumerism” – and the Nike of the world. react appropriately.

“If it’s not lucrative for Chinese factories to resort to forced labor, if they can lose important contracts,” she said, “it will have an impact on these camps.

And that will allow American manufacturers to compete on a level playing field. As Altay said, “You buy something made in China, you give China a bullet to shoot in America.”


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Bronstein, Gewirtz & Grossman, LLC https://upbeetcommunications.com/bronstein-gewirtz-grossman-llc/ Thu, 16 Dec 2021 16:50:00 +0000 https://upbeetcommunications.com/bronstein-gewirtz-grossman-llc/ NEW YORK, December 16, 2021 (GLOBE NEWSWIRE) – Lawyer Advertising – Bronstein, Gewirtz & Grossman, LLC Notifies Investors that a Class Action has been filed against Cloopen Group Holding Limited (“Cloopen” or the “Company” ) (NYSE: RAAS) and certain of its officers, on behalf of shareholders who (a) have purchased or otherwise acquired Cloopen American […]]]>

NEW YORK, December 16, 2021 (GLOBE NEWSWIRE) – Lawyer Advertising – Bronstein, Gewirtz & Grossman, LLC Notifies Investors that a Class Action has been filed against Cloopen Group Holding Limited (“Cloopen” or the “Company” ) (NYSE: RAAS) and certain of its officers, on behalf of shareholders who (a) have purchased or otherwise acquired Cloopen American Depository Shares (“ADS”) in accordance with and / or traceable to the registration statement and prospectus (collectively, the “registration statement”) issued in connection with the Company’s initial public offering in February 2021 (the “IPO”); and / or (b) purchased or otherwise acquired Cloopen securities during the Class Period These investors are encouraged to join this matter by visiting the company’s website: www.bgandg.com/raas.

This class action lawsuit seeks to recover damages against the defendants for alleged violations of federal securities laws under the Securities Exchange Act of 1933 and the Securities Exchange Act of 1934.

The complaint alleges that the registration statement for the IPO was negligently prepared and, therefore, contained substantially false and misleading statements of fact and did not disclose the facts to be disclosed therein under the rules. and regulations governing its preparation. Specifically, the registration statement: (2) led buyers of Cloopen ADS to believe that the company’s much-vaunted growth strategy, which was based on cross-selling, upselling, leveraging existing solutions, and the development of new features was effective. Indeed, as stated in the registration statement, Cloopen appeared to retain and even expand its customer base, as well as maintain its key sales metrics such as net dollar retention rate, which reflected its ability to increase revenue for existing customers. . In truth, Cloopen’s growth strategy was not working and its existing customers were abandoning the company. Unbeknownst to investors, Cloopen’s net retention rate in dollars had fallen during the fourth quarter of 2020 (“4Q 2020”); (2) failed to disclose that an increasing number of its customers were refusing to pay, forcing the Company to record massive increases in its accounts receivable and the allowance for bad debts; and (iii) also failed to disclose that Cloopen was burdened with massive liabilities related to the fair value of certain recently granted warrants.

The complaint further alleges that Cloopen’s top executives continued to make materially false and misleading statements to the market and failed to disclose the true extent of Cloopen’s problems. During the March 26, 2021 earnings announcement and investor conference call, senior Cloopen executives continued to distort the company’s expansion strategy, again failing to acknowledge that the strategy was failing and that its existing customer base was deteriorating. A class action has already been filed. If you would like to review a copy of the complaint, you can visit the firm’s website: www.bgandg.com/raas or you can contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you have suffered a claim in Cloopen, you have until February 8, 2022 to ask the Tribunal to appoint you as the principal claimant. Your ability to participate in any recovery does not require you to serve as the lead applicant.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our main expertise is the aggressive pursuit of contentious claims on behalf of our clients. In addition to representing institutions and other plaintiff investors in security class actions, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Lawyer advertising. Past results do not guarantee similar results.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | info@bgandg.com


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INLAND REAL ESTATE INCOME TRUST, INC. : Change of directors or principal officers, submission of questions to the vote of security holders (Form 8-K) https://upbeetcommunications.com/inland-real-estate-income-trust-inc-change-of-directors-or-principal-officers-submission-of-questions-to-the-vote-of-security-holders-form-8-k/ Wed, 08 Dec 2021 21:10:06 +0000 https://upbeetcommunications.com/inland-real-estate-income-trust-inc-change-of-directors-or-principal-officers-submission-of-questions-to-the-vote-of-security-holders-form-8-k/ Item 5.02 Departure of directors or certain officers; Election of directors; Appointment of certain officers; Compensatory provisions of certain agents. At December 2, 2021, the board of directors of Inland Real Estate Income Trust, Inc. (hereinafter referred to as “we”, “we”, “our” or the “Company”) named Daniel W. Zatloukal to serve as the first vice […]]]>

Item 5.02 Departure of directors or certain officers; Election of directors; Appointment of certain officers; Compensatory provisions of certain agents.

At December 2, 2021, the board of directors of Inland Real Estate Income Trust, Inc. (hereinafter referred to as “we”, “we”, “our” or the “Company”) named Daniel W. Zatloukal to serve as the first vice president of the Society.

Mr. Zatloukal, who is 41, is Executive Vice President and responsible for asset and portfolio management for all investment programs sponsored by our sponsor, Interior real estate investment company (“IREIC”), a position he has held since 2015. He is also senior vice-president of Inland Private Capital Corporation (“IPC”), an affiliate of IREIC, a position he has held since 2014. IPC offers alternative properties for Section 1031 exchange transactions as well as multi-owner real estate investment solutions and from September 30, 2021, sponsored 279 private placement programs and has more than $ 9 billion in assets under management. Mr. Zatloukal was president of Domestic Investment Real Estate Services, Inc. of October 2015 through june 2017 and was responsible for overseeing the entire IREIC real estate services group, which includes real estate management, leasing and asset management for commercial and residential portfolios owned or managed by IREIC and its affiliates. Before joining Inland at IPC in 2013, Mr. Zatloukal was Vice President of Capital Markets at Jones Lang LaSalle in Atlanta. He obtained his bachelor’s degree in finance from the University of Illinois at UrbanChampagne.

The appointment was not made under an arrangement or agreement with another person. The Company does not separately compensate our senior executives for their services as officers, and the Company does not reimburse our sales manager or our real estate managers for any compensation paid to individuals who serve as officers of the Company or as officers. of our company. manager, our property managers or their affiliates (provided that for these purposes, a corporate secretary is not considered to be an “officer”). Mr. Zatloukal has no direct or indirect material interest in any transaction with us or in any currently proposed transaction in which we are involved.

Item 5.07 Submission of Matters to the Vote of Securityholders.

At December 2, 2021, the Company reconvened and held its 2021 annual meeting of shareholders. At the annual meeting, the shareholders of the Company: (i) elected the six candidates listed below to serve as directors; (ii) ratified the selection of
KPMG LLP as a registered independent public accounting firm of the Company for the year ending December 31, 2021; and (iii) approved each of the proposals numbers 3 to 13 (described below) to modify the charter of the Company. Each of the directors will serve for a term ending at the next annual meeting of shareholders, and each will continue in office until their successor has been elected and qualified, or until their death, removal, resignation or retirement. anticipated. The voting results for each proposal were as follows:



  (1) Election of directors:




Nominee                For     Against (Withheld)
Lee A. Daniels      20,217,289     1,275,403
Stephen L. Davis    20,269,924     1,222,768
Daniel L. Goodwin   20,255,970     1,236,722
Gwen Henry          20,255,945     1,236,747
Bernard J. Michael  20,239,005     1,253,687
Mitchell A. Sabshon 20,170,851     1,321,841


      (2)  Ratification of the selection of KPMG LLP as independent registered
           public accounting firm for the year ending December 31, 2021:


Votes For  Votes Against Abstentions
25,036,728    488,347      853,971


      (3)  Amendment of our charter to remove or revise provisions that relate to
           the terms and rights of our classes and series of stock, including our
           common stock, and to offerings of our stock:


Votes For  Votes Against Abstentions
18,878,542   1,405,979    1,208,171


      (4)  Amendment of our charter to remove or revise, as applicable, provisions
           that relate to stockholder meetings:


Votes For  Votes Against Abstentions
18,913,141   1,371,882    1,207,669


————————————————– ——————————


      (5)  Amendment of our charter to remove or revise provisions that relate to
           stockholder information rights:


Votes For  Votes Against Abstentions
18,407,141   1,900,968    1,184,583


      (6)  Amendment of our charter to remove or revise those provisions that
           relate to the qualifications, number, election, removal and service of
           our directors:


Votes For  Votes Against Abstentions
18,725,635   1,595,654    1,171,403


      (7)  Amendment of our charter to remove or revise those provisions that
           relate to the conduct of our board of directors and our business
           manager:


Votes For  Votes Against Abstentions
18,503,711   1,812,461    1,176,520


      (8)  Amendment of our charter to remove or revise those provisions that
           limit or regulate how the Company operates and the process by which it
           engages in transactions:


Votes For  Votes Against Abstentions
18,650,267   1,626,562    1,215,863


      (9)  Amendment of our charter to revise or add provisions restricting
           transfer and ownership of shares:


Votes For  Votes Against Abstentions
18,684,334   1,582,115    1,226,243


      (10) Amendment of our charter to remove provisions governing transactions
           with our business manager and its affiliates:


Votes For  Votes Against Abstentions
18,572,464   1,683,827    1,236,401


      (11) Amendment of our charter to remove or revise provisions relating to
           amendments of the charter and entering into extraordinary transactions:


Votes For  Votes Against Abstentions
18,630,632   1,599,363    1,262,697


      (12) Amendment of our charter to revise certain provisions that govern our
           ability to indemnify our officers, directors and business manager,
           among others:


Votes For  Votes Against Abstentions
18,361,161   1,948,430    1,183,101


      (13) Amendment of our charter to make conforming changes and other
           ministerial modifications to and to restate our charter:


Votes For  Votes Against Abstentions
18,919,909   1,373,192    1,199,591


There were 4,886,354 brokers without voting rights with respect to each nominee for the position of director during the election of directors and each of proposals number 3 to 13. In total, 26,379,046 shares were present at the meeting in person or by proxy. No other proposal was put to the vote of the shareholders at the annual meeting of shareholders of the Company in 2021.

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