News Hub | News Direct

All Industries


Article thumbnail News Release

Abaxx and MineHub Forge Strategic Partnership to Revolutionize Commodities Markets

MarketJar

On behalf of MineHub Technologies Inc. As the energy transition accelerates, the mining industry faces labor strikes, transport constraints, and natural disasters, impacting copper availability and costs. Despite easing bottlenecks, geopolitical risks and climate issues still affect shipping. Governments and businesses focus on secure mineral sourcing and strategic endeavors to stabilize supply chains. MineHub Technologies Inc. (TSXV:MHUB) (OTCQB:MHUBD) is improving the efficiency, resilience, and sustainability of the metals and mining industry through its digital supply chain platform. The platform offers enterprise-grade digital solutions that connect buyers, sellers, laboratories, and financiers within physical commodities supply chains through a digitally integrated workflow. This workflow is powered by data that is usable, shareable, verifiable, and unforgeable. MineHub solutions give users complete control over their supply chains, allowing them to optimize resource use, respond quickly to disruptions, and deliver superior customer service. Major global enterprises already utilize MineHub solutions for logistics, compliance, trade management, and financing operations. Abaxx Is Acquiring an 11% Ownership Interest in MineHub MineHub Technologies Inc. (TSXV:MHUB) (OTCQB:MHUBD) recently announced a share exchange agreement with Abaxx Technologies Inc, where Abaxx will acquire an approximate 10.9% ownership interest in MineHub. This partnership aims to drive digitization more broadly within the physical commodities markets. Abaxx, the indirect majority-owner of Abaxx Exchange and Abaxx Clearing, has developed and deployed technologies that unlock latent value in global markets, making communication, trade, and transactions easier and more secure. The companies share a mission to improve data transparency and empower market participants with better tools to navigate the evolving commodities landscape, which faces challenges such as climate change, the energy transition, and increasing regulatory pressure. Comprehensive digital tools are essential to adapt to this changing environment. Abaxx and MineHub are partnering to explore a wide range of commercial and product collaboration opportunities, leveraging their collective expertise and capabilities to enhance value for customers and shareholders. The collaboration aims to integrate Abaxx and MineHub digital tools to broaden the value available to customers and increase commercial traction. It will also facilitate entry into new commodities markets beyond MineHub 's historical focus on copper and aluminum. Additionally, the partnership will utilize Abaxx's ID++ identity protocol to enrich MineHub 's secure and user-friendly communication tools. This collaboration will strengthen the physical commodities market's ability to meet evolving sustainability requirements, such as reporting, carbon offsetting, and traceability. Furthermore, it will enable more efficient and secure hedging by bridging physical and financial commodities data while maintaining data privacy. Lastly, the partnership will promote compliance within the dynamic global regulatory landscape. Andrea Aranguren, President, CEO, and Director of MineHub, highlighted the numerous collaboration opportunities with Abaxx, emphasizing how the partnership will leverage their combined strengths to capitalize on market momentum and expedite tool adoption, ultimately maximizing customer value. Under the Share Exchange Agreement, MineHub will receive Abaxx common shares in exchange for issuing its own shares, representing a certain percentage of MineHub. Abaxx will also receive MineHub share purchase warrants, exercisable for three months from the Closing Date. If exercised, these warrants will increase Abaxx’s ownership to 19.9% MineHub Reports Record Revenue for Fiscal Q1-2025 MineHub achieved record revenue of $776,000 in Fiscal Q1-2025, marking a 127% increase compared to Fiscal Q1-2024. This revenue included $300,000 from the completion of a successful development project. MineHub is experiencing accelerating customer activity with several industry leaders, including Codelco, Sumitomo, Surecomp, and Southwire. By the end of Fiscal Q1-2025, the company had expanded its ecosystem to include over 165 companies connected to MineHub ’s network. Click here to learn more about MineHub Technologies Inc. (TSXV:MHUB) (OTCQB:MHUBD). Disclosure: 1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on research and understanding of the sector. 2) The Article was issued on behalf of and sponsored by, Minehub Technologies Inc. Market Jar Media Inc. has or expects to receive from Minehub Technologies Inc.’s Digital Marketing Agency of Record (Native Ads Inc) one thousand seven hundred USD for this article. 3) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author is wholly responsible for the validity of the statements. The author was not paid by Market Jar Media Inc. for this Article. Market Jar Media Inc. was not paid by the author to publish or syndicate this Article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Market Jar Media Inc. requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Market Jar Media Inc. relies upon the authors to accurately provide this information and Market Jar Media Inc. has no means of verifying its accuracy. 4) The Article does not constitute investment advice. All investments carry risk and each reader is encouraged to consult with his or her individual financial professional. Any action a reader takes as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.'s terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on pressreach.com should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on pressreach.com. 5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article. 6) This document contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, (collectively, “forward-looking statements”), which reflect management's expectations regarding Minehub Technologies Inc.’s future growth, future business plans and opportunities, expected activities, and other statements about future events, results or performance. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. These forward-looking statements include, among other things, statements relating to: (a) revenue generating potential with respect to Minehub Technologies Inc.’s industry; (b) market opportunity; (c) Minehub Technologies Inc.’s business plans and strategies; (d) services that Minehub Technologies Inc. intends to offer; (e) Minehub Technologies Inc.s milestone projections and targets; (f) Minehub Technologies Inc.’s expectations regarding receipt of approval for regulatory applications; (g) Minehub Technologies Inc.’s intentions to expand into other jurisdictions including the timeline expectations relating to those expansion plans; and (h) Minehub Technologies Inc.’s expectations with regarding its ability to deliver shareholder value. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, as of the date of this document including, without limitation, assumptions about: (a) the ability to raise any necessary additional capital on reasonable terms to execute Minehub Technologies Inc.’s business plan; (b) that general business and economic conditions will not change in a material adverse manner; (c) Minehub Technologies Inc.’s ability to procure equipment and operating supplies in sufficient quantities and on a timely basis; (d) Minehub Technologies Inc.’s ability to enter into contractual arrangements with additional parties; (e) the accuracy of budgeted costs and expenditures; (f) Minehub Technologies Inc.’s ability to attract and retain skilled personnel; (g) political and regulatory stability; (h) the receipt of governmental, regulatory and third-party approvals, licenses and permits on favorable terms; (i) changes in applicable legislation; (j) stability in financial and capital markets; and (k) expectations regarding the level of disruption to as a result of CV-19. Such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of Minehub Technologies Inc. to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (a) Minehub Technologies Inc.’s operations could be adversely affected by possible future government legislation, policies and controls or by changes in applicable laws and regulations; (b) public health crises such as CV-19 may adversely impact Minehub Technologies Inc.’s business; (c) the volatility of global capital markets; (d) political instability and changes to the regulations governing Minehub Technologies Inc.’s business operations (e) Minehub Technologies Inc. may be unable to implement its growth strategy; and (f) increased competition.Except as required by law, Minehub Technologies Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Neither does Minehub Technologies Inc. nor any of its representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this document. Neither Minehub Technologies Inc. nor any of its representatives shall have any liability whatsoever, under contract, tort, trust or otherwise, to you or any person resulting from the use of the information in this document by you or any of your representatives or for omissions from the information in this document. 7) Any graphs, tables or other information demonstrating the historical performance or current or historical attributes of Minehub Technologies Inc. or any other entity contained in this document are intended only to illustrate historical performance or current or historical attributes of Minehub Technologies Inc. or such entities and are not necessarily indicative of future performance of Minehub Technologies Inc. or such entities. 8) Investing is risky. The information provided in this article should not be considered as a substitute for professional financial consultation. Users should be aware that investing in any form carries inherent risks, and as such, there is a possibility of losing some or all of their investment. The value of investments can fluctuate significantly within a short period, and investors must understand that past performance is not indicative of future results. Additionally, users should exercise caution as transactions involving investments may be irreversible, even in cases of fraud or accidental actions. It is crucial to acknowledge that rapidly evolving laws and technical issues can have adverse effects on the usability, transferability, exchangeability, and value of investments. Furthermore, users must be cognizant of potential security risks associated with their investment activities. Individuals are strongly encouraged to conduct thorough research, seek professional advice, and carefully evaluate their risk tolerance before engaging in any investment endeavors. Market Jar Media Inc. is neither an investment adviser nor a broker-dealer. The information presented on the website is provided for informative purposes only and is not to be treated as a recommendation to make any specific investment. No such information on PressReach.com constitutes advice or a recommendation. Contact Details James Young +1 800-340-9767 campaigns@pressreach.com Company Website https://pressreach.com

August 01, 2024 08:30 AM Eastern Daylight Time

Image
Article thumbnail News Release

Copper Is Having a Resurgence Thanks To Renewable Energy And EV Push, And World Copper Is Positioning Itself To Benefit

Benzinga

By Meg Flippin, Benzinga There’s been a lot of excitement lately around the new highs gold has been achieving, but another metal also seems to be witnessing a resurgence – copper. So much so that, by some estimates, 2035 demand is forecast to outstrip supply to the tune of 22 billion pounds per year. Driving a lot of that demand are the renewable energy and electric vehicles sectors, and the general global push toward electrification. The world is moving toward a greener future and copper is helping get it there. Over the next decade, copper consumption is forecast to increase by a minimum of ten million metric tons. It's already in a tight supply environment, which drove copper prices to a two-year high earlier this year. All of it is good news for World Copper Ltd. (OTC: WCUFF), the Vancouver-based miner that happens to have a copper mining project in Arizona, a state rich in the “eternal metal.” In the early 20th century, Arizona was the world’s copper mining capital. Today it is responsible for about 74% of the country’s copper. It is home to some of the world’s largest copper mines including Morenci Mine, owned by Freeport-McMoRan Inc. (NYSE: FCX). All told, there are ten major copper mines in the state. World Copper’s proximity to these mines should bode well for the company’s position and future growth. “Copper's essential role in electrification, renewable energy infrastructure and electric vehicles underscores its strategic importance,” wrote StockResearch Today in a recent report looking at World Copper’s prospects. “Copper prices are projected to remain strong due to supply constraints and increasing demand, which can drive up copper prices and, consequently, the company's profitability. Strategically Located Mine World Copper’s Zonia project, which is in the Walnut Grove Mining District, Yavapai County, Arizona, consists of 96 patented and 185 unpatented mineral claims, 566.85 acres of surface rights acquired from the state of Arizona and 376 acres purchased from a private estate – all totaling 4,373 acres. Zonia is a near-surface, copper-oxide resource and a brownfield site having already been pre-stripped and mined in the late 1960s and '70s. The project has been significantly de-risked with over 50,000 meters of drilling completed to date and with substantial amounts of detailed engineering completed. The Zonia project's most recent mineral resource estimate includes 75.7 million short tons grading 0.30% total copper (Indicated Resources) containing 450.5 million pounds of copper and 122 million short tons grading 0.24% total copper (Inferred Resources) containing 575.4 million pounds of copper. With a favorable NPV of $192 million at $3.00/lb copper and resource expansion potential, Zonia represents a low-risk, high-reward investment, World Copper says. Furthermore, World Copper recently identified a new opportunity at the mine, finding what could amount to over 14 million tons of historically mined material available for re-processing. "The prospect of re-processing historically mined mineralized material would add more value and provide additional upside to the Zonia Project, and it is a unique potential value opportunity,” said Gord Neal, CEO of World Copper. “In mining projects, any opportunity to start production early and to generate revenue right from the start of the operations, can greatly improve the economics of the project, increasing the net present value (NPV) and reducing the financing needs, making the project more robust, and lowering the execution risk." A Green Edge The Zonia mine boasts several infrastructure advantages including on-site power and water, road and rail access, close proximity to major cities and existing mining operations, which brings down production and transportation costs. Arizona is also a mining-friendly state making it easier to obtain permits. Proximity and infrastructure aren’t the only advantages World Copper can boast of – the company also has an environmentally friendly and cost-effective mining process. As it stands, World Copper estimates that 85% of global refined copper production comes from sulphide concentration and smelting. It's expensive, slow to develop and harmful to the environment. Only 15% of global refined copper production comes from oxide deposits, which are cheaper, faster and greener. World Copper is among the handful of miners using oxide deposits. But that’s not all. Its SX-EW (solvent extraction-electrowinning) process eliminates the need for smelting, lowering emissions. All told, World Copper is cutting costs and curbing emissions by 38%. The goal is to achieve net zero CO2 emissions. Mining companies are being put under increasing pressure to adopt sustainable mining practices, and embracing them increases the company’s appeal to ESG-focused investors. Seasoned Management Team It shouldn’t be too surprising that World Copper says the Zonia project is moving along hiccup-free – the company is run by a seasoned team of professionals led by CEO Neal. Neal has extensive experience in the metals and mining sector, as well as in capital markets, corporate governance, corporate finance and investor relations. Board members Derek White, who has over 35 years of experience in senior management and mine building, and Myron Smith, who has successfully permitted multiple mining projects in Arizona, round out the pedigree, which includes several other C-suite players. World Copper says its experienced team enables it to efficiently navigate project development, regulatory challenges and market dynamics, increasing the likelihood of project success and value creation for investors. Copper is playing an important role in the world’s transition to green energy and World Copper is positioning itself to be a major supplier of the eternal metal. With a mine strategically located in Arizona, a green and low-cost approach and a deep management bench, World Copper may prove to be an ESG holding that’s around for the long haul. Featured photo by Karim Ghantous 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

August 01, 2024 08:30 AM Eastern Daylight Time

Image
Article thumbnail News Release

Financial Gravity Companies, Inc. Announces Strong Third Quarter Results with Significant Growth in Assets Under Management and Revenue

Financial Gravity Companies, Inc.

Financial Gravity Companies, Inc. (OTC: FGCO) is pleased to report strong financial results for the third quarter of 2024. The company demonstrated significant growth in assets under management and revenue and a notable improvement in operating results. Financial Gravity experienced substantial growth in assets under management, increasing by over $50 million during the third quarter. This growth reflects the company's expanding client base and the trust placed in its financial services offerings. The company also saw a significant boost in revenue, with an increase of nearly $500,000 for the quarter and over $1,900,000 for the nine months ended September 30, 2024. This robust revenue growth underscores the effectiveness of Financial Gravity's business strategies and the increasing demand for its services. Perhaps most notably, Financial Gravity achieved a remarkable turnaround in operating results, moving from a loss of ($215,921.93) to a profit of $172,956.91 for the nine months ended September 30, 2024. The company is particularly pleased with this improvement, which demonstrates its commitment to financial discipline and operational efficiency. "We are thrilled with our third quarter performance, which reflects the continued success of our strategic initiatives and the dedication of our team," said Scott Winters, Financial Gravity's CEO. "The substantial growth in our assets under management and the significant increase in revenue demonstrate the strength of our business model and the trust our clients place in us. Moreover, we are especially proud of the improvement in our operating results, which show our ability to translate growth into profitability. This positive shift is a testament to our team's hard work and our focus on creating value for both our clients and shareholders." Financial Gravity remains focused on its mission to provide exceptional financial services to its clients, leveraging its expertise in tax planning, wealth management, and risk mitigation. The company's growth in assets under management further solidifies its position in the financial services industry and enhances its ability to deliver comprehensive solutions to clients. For more information about Financial Gravity Companies, Inc., and its financial services, please visit our website at https://financialgravity.com. About Financial Gravity Companies, Inc. Financial Gravity Companies Inc., along with its subsidiary companies, provides investment and tax professionals with a turnkey family office charter. We help tax professionals evolve from the commoditized business of tax compliance to a Family Office Director that runs and manages their own multi-family office. Family Office Directors are able to leverage the Financial Gravity systems, technology, proprietary resources, and deep domain expertise to bring an elevated and holistic financial service experience to their clients that spans proactive tax planning, retirement and estate planning, wealth management, and risk mitigation. For more information about Financial Gravity Companies, Inc., please visit https://financialgravity.com. Forward-Looking Statements This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert, or change any of them and could cause actual outcomes and results to differ materially from the current expectations. No forward-looking statement can be guaranteed. Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect Financial Gravity's business, and Financial Gravity undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Contact Details Financial Gravity Companies, Inc. Scott Winters +1 800-588-3893 scott.winters@financialgravity.com Company Website https://financialgravity.com/

August 01, 2024 06:00 AM Eastern Daylight Time

Article thumbnail News Release

ThreeBestRated Lists Purpose Path as the Best Advertising Agency in Vaughan, On

Rev Up Marketers

Purpose Path, a leading digital marketing agency in Canada, is proud to announce that ThreeBestRated has recognized it as the ‘Best Advertising Agency in Vaughan.’ This recognition highlights Purpose Path’s commitment to delivering exceptional results with its well-equipped knowledge base of industry trends and ever-evolving dynamics. ThreeBestRated Award follows a stringent 50-point checklist to evaluate agencies on factors including reviews, reputation, ratings, satisfaction, trust, and cost and recognizes them based on their services. Purpose Path’s innovative strategies, results-driven mindset, performance-focused approach, and unmatched client satisfaction spotlight these attributes, surpassing ThreeBestRated’s checklist effortlessly. Commitment to Digital Excellence— Since its inception, Purpose Path has worked to transform the digital world with innovative and successful marketing strategies. With a grasp over the digital world's ever-changing dynamics and the science of advertising, Purpose Path has unlocked an average revenue growth of 50% for its clients through achieving a 400% increase in traffic, 350% ROAS, $1.5 million in sales, and a 24% conversion rate. Some platforms Purpose Path specializes in advertising include Google, Facebook, Bing, Twitter, Amazon, Reddit, Linkedin, and YouTube. “ The team at Purpose Path is truly honored to receive this award, which is a testament to our hard work and dedication to our clients. This recognition not only motivates us to continue providing unmatched marketing services but also inspires us to strive for even greater success and leadership in the future." CEO and Founder, Purpose Path. About Purpose Path —Purpose Path, a proud Google and Semrush Partner is a leading digital marketing agency based in Canada. Specializing in SEO, SMM, Digital Advertising, E-Commerce Solutions, Web Development, Podcasting, and more, Purpose Path commits to providing measurable results for businesses across all industries. Purpose Path’s comprehensive services stand as a beacon of light in guiding enterprises to achieve their business goals, including better visibility, targeting the right audience, and achieving 100x better conversions. To learn more about our company, please visit our website at https://purposepath.ca/ or reach out to us through our email founders@purposepath.ca Contact Details Purpose Path Muhammad Abbas +1 647-867-8792 founders@purposepath.ca Company Website https://purposepath.ca/

August 01, 2024 05:51 AM Eastern Daylight Time

Article thumbnail News Release

United Plumbing & Water Heaters: Transforming San Jose's Plumbing Services with Expertise and Innovation

Rev Up Marketers

United Plumbing & Water Heaters, a leading provider of plumbing and water heater services in San Jose, CA, is revolutionizing the local plumbing industry with its commitment to excellence, innovation, and customer satisfaction. This press release outlines the company's mission, services, and the unique value it brings to the residents of San Jose and surrounding areas. About United Plumbing & Water Heaters Founded with the mission to provide top-notch plumbing solutions, United Plumbing & Water Heaters has quickly established itself as a trusted name in the industry. The company offers a comprehensive range of services, including water heater installation and repair, general plumbing, sewer line services, and emergency plumbing. With a team of highly skilled and certified professionals, United Plumbing & Water Heaters is dedicated to delivering reliable, efficient, and cost-effective solutions to meet the diverse needs of its clients. Innovative Services and Solutions United Plumbing & Water Heaters stands out in the crowded plumbing market due to its focus on innovation and technology. The company utilizes advanced tools and techniques to diagnose and address plumbing issues, ensuring that problems are resolved quickly and effectively. Among its innovative offerings are: Tankless Water Heaters: Emphasizing energy efficiency and continuous hot water supply, tankless water heaters are a game-changer for homeowners. United Plumbing & Water Heaters specializes in the installation and maintenance of these systems, helping clients reduce energy costs and improve home comfort. Smart Plumbing Solutions: Integrating smart technology into plumbing systems, the company offers solutions that allow homeowners to monitor and control their water usage, detect leaks early, and prevent potential damage. Eco-Friendly Plumbing: Committed to sustainability, United Plumbing & Water Heaters provides eco-friendly plumbing options, including water-saving fixtures and systems designed to minimize environmental impact. Customer-Centric Approach At the heart of United Plumbing & Water Heaters' success is its unwavering commitment to customer satisfaction. The company believes in building long-term relationships with clients by providing transparent, honest, and personalized services. Key aspects of their customer-centric approach include: 24/7 Emergency Services: Plumbing emergencies can happen at any time. United Plumbing & Water Heaters offers round-the-clock emergency services, ensuring that help is available when needed most. Clear Communication: From the initial consultation to the completion of a project, the company's professionals maintain clear and open communication with clients, keeping them informed about the progress and any necessary adjustments. Upfront Pricing: Transparency in pricing is a core value. Clients receive detailed estimates before any work begins, eliminating surprises and ensuring that they are fully aware of the costs involved. Expert Team and Continuous Training United Plumbing & Water Heaters takes pride in its team of experienced and certified plumbers who are passionate about their work. The company invests in continuous training and professional development to keep its team updated with the latest industry standards and technologies. This commitment to excellence ensures that clients receive the highest quality service and the most effective solutions for their plumbing needs. Community Engagement and Support Beyond providing exceptional plumbing services, United Plumbing & Water Heaters is deeply committed to giving back to the community. The company actively participates in local initiatives, supports charitable organizations, and promotes sustainability efforts within San Jose. This dedication to community engagement underscores the company's belief in making a positive impact beyond its business operations. Contact Information For those in San Jose considering plumbing or water heater services, United Plumbing & Water Heaters offers expert solutions tailored to meet individual needs. Contact them today to schedule a consultation or to learn more about their services. Name: Valeriia Khomenko Email: info@up-waterheaters.com Organization: United Plumbing & Water Heaters Website: https://plumbing-united.com/ About United Plumbing & Water Heaters United Plumbing & Water Heaters is a premier provider of plumbing and water heater services in San Jose, CA. With a focus on innovation, customer satisfaction, and community engagement, the company offers a wide range of solutions designed to meet the diverse needs of its clients. Visit https://plumbing-united.com/ to learn more about their services and to schedule a consultation. Contact Details United Plumbing & Water Heaters Valeriia Khomenko info@up-waterheaters.com Company Website https://plumbing-united.com/

August 01, 2024 05:47 AM Eastern Daylight Time

Image
Article thumbnail News Release

SUN.io Launches SUN DAO to Enhance Decentralized Governance and Drive Ecosystem Innovation

SUN

Singapore,July 30, 2024, 12:00 PM - SUN.io, a leading DeFi platform built on the TRON blockchain, is thrilled to announce the launch of SUN DAO. This strategic initiative aims to enhance SUN.io's decentralized governance and community autonomy. By expanding the real-world use cases of the SUN token, SUN DAO will support the development and long-term governance of the SUN.io protocol. At its core, SUN DAO relies on its protocol functions and the SUN token for security. These functions, which include community engagement, incentive measures, self-regulation, and policy management, are governed through on-chain proposals. The SUN token will be integral to this governance process, integrating and digitizing various forms of capital, such as monetary and human resources, and encouraging active participation from community members in governance and proposals. With the introduction of SUN DAO, SUN.io will transition to a fully decentralized governance model, empowering community members to participate actively in the platform's voting and decision-making processes. Industry experts believe that SUN DAO will redefine decentralized governance, setting new benchmarks in the DeFi ecosystem for transparency, fairness, and innovation. Explore New Horizons in Decentralized Governance with SUN DAO SUN DAO leverages innovative incentive mechanisms and a tiered governance structure to establish a future-proof governance model, ensuring the long-term success of the SUN.io protocol. This approach is designed to drive continuous growth and improvement, maintaining the platform's relevance and effectiveness for decades to come. Under the current system, SUN holders can collectively manage the protocol and vote on proposals by converting their tokens into veSUN. Community members with a specified amount of veSUN holdings can submit proposals. For a proposal to be executed, it must receive a minimum number of yes votes and have more yes votes than no votes. This mechanism ensures efficient governance without third-party intervention, allowing the protocol to operate, manage, and develop autonomously according to predefined rules, thereby maximizing efficiency. The SUN token plays a crucial role in this process, digitizing and tokenizing all organizational elements, integrating both monetary and human capital, and significantly enhancing overall efficiency. According to the SUN.io team, the SUN token economy is designed to foster the healthy development and growth of the SUN.io ecosystem in the long term, ultimately benefiting all stakeholders under a robust protocol. SUN.io has introduced economic incentives based on the trust established by SUN DAO, including mutual trust among SUN token holders, the market, liquidity providers, and integrators. These liquidity-based governance approaches aim to sustain active participation in the voting process and expand the pools as the ecosystem grows and attracts more participants. Fostering Innovation on SUN.io to Unlock Diverse veSUN Use Cases The official launch of SUN DAO will significantly expand the use cases of its vote escrow mechanism, veSUN, encouraging greater participation from community users and driving further innovation and development across the SUN.io ecosystem. Users can lock up SUN tokens to receive veSUN, the voting certificate that grants them a voice in platform governance. Those holding a certain amount of veSUN can submit governance proposals to support new markets, add functionalities to the protocol, and more. Other veSUN holders can vote on the proposals while enjoying benefits such as liquidity mining boosts, votes to determine the weights of liquidity pools and 50% of transaction fees in stablecoin pools. Industry experts believe that adopting autonomous governance will revitalize the SUN.io ecosystem. By decentralizing community governance, users gain greater flexibility in resource allocation and can contribute valuable insights for development and improvement. This approach unites community efforts to drive product iteration and fosters a stronger sense of belonging and responsibility among members. By introducing a decentralized, multi-tiered governance framework powered by an incentivized system, SUN DAO motivates community members to propose innovative ideas and solutions, ensuring active participation in the voting process. By attracting new users and investments, SUN DAO fosters growth and innovation within the platform and the broader DeFi sector. As a crucial component of the TRON ecosystem, SUN.io's implementation of the DAO model is set to attract a broader community of users and developers, supporting TRON in maintaining a healthy, self-reinforcing DeFi ecosystem. SUN.io, the pioneering integrated platform on the TRON network, offers a comprehensive suite of decentralized financial services, including stablecoin swaps, liquidity mining, and the conversion of Dominica's authorized digital currency while enabling self-governance. As of July 2024, SUN.io amassed a total value locked (TVL) of $431 million. The establishment of SUN DAO will further solidify its leading role in the DeFi ecosystem by extending premium decentralized financial services globally, fostering sustained innovation and growth in the industry. About SUN DAO SUN DAO is a platform aimed at achieving genuine community autonomy and open collaboration through blockchain technology and smart contracts. As a decentralized autonomous organization (DAO), we provide a fair, transparent, and efficient decision-making framework for community members, enabling everyone to equally participate in project development and governance. About SUN.io SUN.io is the first decentralized autonomous platform on the TRON network that integrates stablecoin and comprehensive token exchange while supporting liquidity mining. It aims to provide optimal trading liquidity and asset returns for the TRON ecosystem. Users can stake SUN to obtain veSUN, allowing them to enjoy multiple platform benefits. Media Contact Karina.Wang marketing@sun.io Contact Details Karina.Wang marketing@sun.io

July 31, 2024 10:29 PM Eastern Daylight Time

Image
Article thumbnail News Release

Builders Capital Announces New Lending Division and Significant Headcount Growth

Builders Capital

Builders Capital, the nation’s leading provider of real estate financing to private homebuilders, today announced that it has significantly expanded its loan production operations with the addition of more than 40 new team members. The new lending division will originate loans focused on the local and regional real estate investor markets with loan sizes between $100K-$3MM. The team will be led by Jonathan Andrews, previously COO of Upright (formerly Fund That Flip), and will operate under the trade name Casa Lending, a nod to the division’s dedication to residential real estate and community development. “We are thrilled to welcome over 40 new team members to the Builders Capital family,” said Robert Trent, CEO of Builders Capital. “This team comes with deep expertise in small balance fix and flip and ground up construction with an innovative loan product suite dedicated to a market that Builders Capital has not yet tapped into. This strategic investment puts us in an extremely competitive position to capitalize on our goal of being the top private lender in the nation.” “I am excited to be leading this new initiative for Builders Capital,” said Jonathan Andrews. “This is a market that has historically been underserved by banks and lacked efficient access to capital, which Builders Capital helps to solve. Working closely with local and regional real estate investors over the last decade, I’ve become very familiar with their unique challenges and goals. I'm looking forward to working with Rob and the team at Builders to scale this new opportunity with the highest levels of speed, customer service and execution.” Builders Capital recently announced a $500 million transaction in growth capital with InterVest, which has helped propel the firm’s growth. As of 2024, Builders Capital has surpassed $10 billion in originated loans across the nation. Learn more about the new division Casa Lending at www.casalending.com. About Builders Capital Builders Capital is the nation's largest private construction lender, offering innovative financing solutions to a wide spectrum of developers and homebuilders. Loan products include options for Acquisition, Development, Construction, and Bridge financing, in the form of single-asset loans, portfolio loans, and revolving credit facilities. In addition to financing opportunities, Builders Capital borrowers can leverage national accounts for material purchase discounts, and access cutting-edge technology for project management, accounting, and BIM technology tools. Builders Capital is headquartered in Puyallup, Washington, with an East Coast headquarters in Fort Lauderdale, Florida, and regional sales offices across the country. The management team at Builders Capital brings over 100 years of expertise in residential construction lending, home building, real estate development, and loan servicing. Learn more at: builderscapital.com. Contact Details Builders Capital Kendall Bazan kendall.bazan@builderscapital.com Company Website https://builderscapital.com/

July 31, 2024 11:12 AM Eastern Daylight Time

Article thumbnail News Release

Zynex Inc. CEO Thomas Sandgaard Discusses Significant Company Growth and Future Innovations

Zynex Medical

Zynex Inc CEO Thomas Sandgaard joined Steve Darling from Proactive to announce the company's financial and operational results for the second quarter ending June 30, 2024, in an interview with Proactive. The company achieved a remarkable 20% year-over-year increase in orders, marking the ninth consecutive quarter of record-breaking order numbers. Zynex reported an 11% year-over-year increase in second-quarter revenue, totaling $49.9 million, and a 20% increase in year-to-date cash flow from operations, reaching $3.2 million. Sandgaard emphasized the company's ongoing efforts to secure FDA approvals for next-generation devices and expand its product line in pain management. The pain management division saw a significant 20% improvement in orders compared to the previous year, highlighting strong market demand. Looking ahead, Zynex has provided guidance for the third quarter, with revenue expected to reach at least $50.0 million. Zynex's pain management devices are prescribed for various conditions, from post-surgical recovery to general pain management, by a diverse group of medical professionals, including surgeons, general practitioners, and chiropractors..In terms of innovation, Zynex is developing new monitoring devices, including a pulse oximeter based on laser technology for more accurate blood measurements, which could also detect sepsis. This product, along with others in development, positions Zynex to potentially capture significant market share. The company aims to diversify its product portfolio. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

July 31, 2024 09:42 AM Eastern Daylight Time

Video
Article thumbnail News Release

Smithsonian’s National Postal Museum to Open Voting by Mail Exhibition

National Postal Museum

Voting by mail did not start during the Covid-19 pandemic. It began in various forms during the Civil War when soldiers could not get home to vote and it picked up steam again during World War II for the same reason. Mail has been and continues to be a method for providing citizens with access to election information and materials. Today, every state has some form of voting by mail. The National Postal Museum’s exhibition “Voting by Mail: Civil War to Covid-19” explores the significant role of voting by mail in America’s democracy. Over time, legislation for both military and civilian voting using the mail has been shaped by events and politics with provisions added, removed and amended. On view Saturday, Aug. 24, through Feb. 23, 2025, “Voting by Mail” invites visitors to explore the changing logistical and political reasons for the various ways mail has been part of the election process, and how it continues to define where, when and how Americans vote in elections. Early methods for absentee voting that used the mail enabled military members to participate in elections when wartime deployments took them away from their polling precincts. The Civil War and World War II caused many states to temporarily establish or expand absentee voting for significant numbers of voters in the military. Allowances for civilians voting absentee grew in the early 20th century and in 1901 Kansas became the first state to permit voting by mail but limited this to railroad employees traveling for work. Since the 1980s, in addition to in-person voting, some jurisdictions, including eight states and the District of Columbia, have instituted all-mail voting with the automatic distribution of ballots to registered voters. The public health emergency of the Covid-19 pandemic brought about temporary procedures, new laws and debates over using the mail for voting. Objects on display focus on the early history of voting by mail in the U.S. and ways the mail is used in modern elections. A Civil War envelope for mailing soldiers’ votes on a tally sheet enabled deployed military service members to participate in the Ohio state election of 1864. World War II absentee voting materials developed for U.S. Armed Forces, including the design of a blank ballot allowed the government to distribute them before specific candidate names became available, thus accommodating weeks-long mailing time for U.S. forces overseas. Examples of modern election mail including an absentee ballot, an envelope for a mail-in ballot, an official election information guide, and notices announcing elections. “We are excited to present the role of mail in U.S. elections for government representatives serving the American public,” said Elliot Gruber, director of the museum. “The history of mail as an official conduit of election information and election voting materials has long been part of our nation’s history.” The exhibition is supported by public and exhibition programming, as well as educational resources for teachers. A special website makes available the stories, themes and historical artifacts presented in the exhibition. About the Smithsonian's National Postal Museum The National Postal Museum is devoted to presenting the colorful and engaging history of the nation's mail service and showcasing one of the largest and most comprehensive collections of stamps and philatelic material in the world. It is located at 2 Massachusetts Ave. N.E., Washington, D.C., across from Union Station. The museum is currently open Friday through Tuesday, 10 a.m. to 5:30 p.m. For more information about the Smithsonian, call (202) 633-1000. Contact Details Smithsonian National Postal Museum Marty Emery +1 202-431-8963 emerym@si.edu Company Website https://postalmuseum.si.edu/

July 31, 2024 09:26 AM Eastern Daylight Time

1 ... 979899100101 ... 3768
News Direct Logo
Follow us on Facebook Follow us on LinkedIn
Get the latest from News Direct
Contact Us Pricing
Why News Direct
About us Features News Hub
Resources
Terms of Use Privacy Policy
newsdirect.com © 2024 News Direct Corp. All rights reserved. News Direct is a registered trademark.