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  • MIL-OSI USA: Remarks at the Roundtable on DeFi and the American Spirit

    Source: Securities and Exchange Commission

    Good afternoon and thank you to the panelists and attendees today for the Commission’s fifth roundtable organized by the Crypto Task Force, entitled “DeFi and the American Spirit.”[1]

    Reflecting on the “American Spirit” brings to mind the expedition of Merriweather Lewis and William Clark. About 220 years ago on May 14, 1804, Lewis and Clark set out to explore the new Louisiana Territory, purchased the prior year by President Thomas Jefferson.[2] The size of the United States had doubled overnight, but there were no reliable maps or established routes through the new land. Despite this daunting challenge, Lewis and Clark entered the wilderness to carry out their mission.

    While perhaps not nearly as fraught with personal danger, the Commission is similarly navigating through challenging new terrain and plunging into the regulatory wilderness under the leadership of Commissioner Peirce and the Crypto Task Force. While the Commission’s tools – such as roundtables, public consultation, and economic analysis – may be different, I am confident that our expedition can succeed in updating our rulebook to open up new opportunities for American investors and businesses.

    The SEC’s treatment of decentralized finance and other emerging technologies over the past four years was not conducive to regulatory transparency and discouraged entrepreneurs and those developing DeFi from engaging with the Commission. However, that approach has recently changed under the Crypto Task Force, which is charged with coordinating the Commission’s effort to find answers to many pressing questions. Thus far, they have changed the SEC’s posture on crypto, embraced difficult regulatory questions, and promoted transparency by engaging with the market participants driving innovation and change.

    This SEC is committed to high quality regulation. High quality regulation takes time and administrative processes matter. For those who are involved in the development of DeFi, please be patient and work with the Commission and its staff towards achieving the best possible outcome.

    Although I am uncertain as to what “perfect regulation” may look like, the path towards it begins with seeking input from the public. This journey towards regulatory clarity will likely be frustrating, and may move in fits and starts. However, by learning from DeFi innovators and advocates, the Commission has a better chance at regulating securities transactions involving DeFi and protecting American investors who utilize decentralized financial services and products.

    Today’s participants will provide knowledge and insight about DeFi’s development and the existing regulatory barriers preventing growth. Such contributions will help the Commission attempt to strike the proper balance between its role as a regulator and its mandate to foster competition, efficiency, and capital formation.

    In DeFi, there is a new landscape of opportunities. People can transact directly with each other without relying on banks or other centralized intermediaries. The Commission should not refrain from engaging in oversight of novel areas simply because it involves thinking outside the existing framework.[3] The legacy regulatory regime under the federal securities laws presupposes the existence and necessity of numerous intermediaries. I look forward to hearing from today’s panelists as to whether such presumptions remain necessary.

    For example:

    1. In which types of situations do DeFi systems and smart contracts potentially eliminate the need for a financial intermediary and how?
    2. In what situations should DeFi systems be deemed to fall outside the scope of the securities laws?
    3. What key safeguards are necessary when the securities laws apply to these arrangements?

    Lewis and Clark’s journey took time to complete and carved out an important path to facilitate westward expansion. In so doing, they provided a valuable contribution to American progress. Today’s roundtable reflects the SEC’s commitment to continued progress and its willingness to consider the role of emerging technologies. As the Commission continues to move through the regulatory wilderness, it should remain true to its mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation in its efforts to respond to market innovation.

    Thank you and I look forward to the conversation.


    [1] My remarks today reflect my views as an individual Commissioner and not necessarily the views of the full Commission or my fellow Commissioners.

    MIL OSI USA News

  • MIL-OSI: IDT Corporation to Present at East Coast IDEAS Investor Conference

    Source: GlobeNewswire (MIL-OSI)

    NEWARK, NJ, June 09, 2025 (GLOBE NEWSWIRE) — IDT Corporation (NYSE: IDT), a provider of fintech and communications solutions, will present at the East Coast IDEAS Investor Conference on Thursday, June 12, 2025 at the Westin Times Square in New York.

    Marcelo Fisher, Chief Financial Officer, will provide an overview of IDT’s operations, strategy, and financial results beginning at 3:30 PM Eastern time. Mr. Fischer will also host one-on-one investor meetings throughout the day.

    The IDT presentation will be webcast through the conference host’s main website: https://www.threepartadvisors.com/east-coast.

    To attend or learn more about the IDEAS conferences, please contact Lacey Wesley at (817) 769 -2373 or lWesley@IDEASconferences.com.

    All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.

    ABOUT IDT CORPORATION

    IDT Corporation (NYSE: IDT) is a global provider of fintech and communications solutions through a portfolio of synergistic businesses: National Retail Solutions (NRS), through its point-of-sale (POS) platform, enables independent retailers to operate more effectively while providing advertisers and marketers with unprecedented reach into underserved consumer markets; BOSS Money facilitates innovative international remittances and fintech payments solutions; net2phone provides enterprises and organizations with intelligently integrated cloud communications and contact center services across channels and devices; IDT Digital Payments and the BOSS Revolution calling service make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging.

    Contact:
    Bill Ulrey
    IDT Investor Relations
    Phone: (973) 438-3838
    E-mail: invest@idt.net

    ###

    The MIL Network

  • MIL-OSI: Orange County Bancorp, Inc. Announces Closing of Overallotment Option and Issuance of 258,064 Shares of Common Stock

    Source: GlobeNewswire (MIL-OSI)

    MIDDLETOWN, N.Y., June 09, 2025 (GLOBE NEWSWIRE) — Orange County Bancorp, Inc. (the “Company” – Nasdaq: OBT), parent company of Orange Bank & Trust Company, (the “Bank”) and Hudson Valley Investment Advisors, Inc. (“HVIA”), today announced that the underwriters for its recently completed public offering have exercised their overallotment option and completed the sale of an additional 258,064 shares of common stock at the public offering price of $23.25 per share. The expected proceeds to the Company in connection with the exercise of the option and the issuance of the additional shares, after deducting the underwriting discount and commissions but before deducting other expenses payable by the Company, are approximately $5.7 million.

    Piper Sandler & Co. and Stephens Inc. served as joint book-running managers.

    The offering was made only by means of an effective shelf registration statement on Form S-3 (File No. 333-280793), including a preliminary prospectus supplement and final prospectus supplement, copies of which may be obtained for free by visiting EDGAR on the SEC website at www.sec.gov. Additionally, copies may be obtained from Piper Sandler & Co., Attention: Prospectus Department, 800 Nicollet Mall, J12S03, Minneapolis, Minnesota 55402, or by phone at 1-800-747-3924, or by email at prospectus@psc.com, or Stephens Inc., 111 Center Street, Little Rock, AR 72201, or by phone at 1-800-643-9691.

    This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.  

    About Orange County Bancorp, Inc.

    Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc. Orange Bank & Trust Company is an independent bank that began with the vision of 14 founders over 125 years ago. It has grown through innovation and an unwavering commitment to its community and business clientele to approximately $2.6 billion in total assets. Hudson Valley Investment Advisors, Inc. is a Registered Investment Advisor in Goshen, NY. It was founded in 1996 and acquired by the Company in 2012.

    Forward-Looking Statements

    The information disclosed in this press release includes various forward-looking statements that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words “anticipates,” “projects,” “intends,” “estimates,” “expects,” “believes,” “plans,” “may,” “will,” “should,” “could,” and other similar expressions are intended to identify such forward-looking statements. The Company cautions that these forward-looking statements are necessarily speculative and speak only as of the date made, and are subject to numerous assumptions, risks and uncertainties, all of which may change over time. Actual results could differ materially from such forward-looking statements. Accordingly, you should not place undue reliance on forward-looking statements. In addition to the specific risk factors disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, the following factors, among others, could cause actual results to differ materially and adversely from such forward-looking statements: those related to the real estate and economic environment, particularly in the market areas in which the Company operates, competitive products and pricing, fiscal and monetary policies of the U.S. Government, inflation, changes in government regulations affecting financial institutions, including regulatory fees and capital requirements, changes in prevailing interest rates, tariffs, increased levels of loan delinquencies, problem assets and foreclosures, credit risk management, asset-liability management, cybersecurity risks, geopolitical conflicts, public health issues, the financial and securities markets and the availability of and costs associated with sources of liquidity. The Company does not undertake and specifically declines any obligation to publicly release the results of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

    For further information:
    Michael Lesler
    EVP & Chief Financial Officer
    mlesler@orangebanktrust.com
    Phone: (845) 341-5111

    The MIL Network

  • MIL-OSI: Micropolis Holding Company Announces Receipt of Audit Opinion with Going Concern Explanation

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, June 09, 2025 (GLOBE NEWSWIRE) — Micropolis Holding Company (“Micropolis” or the “Company”) (NYSE American: MCRP), a pioneer in unmanned ground vehicles and AI-driven security solutions, today announced that, as previously disclosed in its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, which was filed on May 8, 2025 with the Securities and Exchange Commission (the “2024 Annual Report”), the Company’s audited financial statements contained an audit opinion from its independent registered public accounting firm that included an explanatory paragraph related to the Company’s ability to continue as a going concern. See further discussion in Note 3 to the Company’s financial statements included in the 2024 Annual Report. This announcement is made pursuant to NYSE American LLC Company Guide Sections 401(h) and 610(b), which requires public announcement of the receipt of an audit opinion containing a going concern paragraph. This announcement does not represent any change or amendment to the Company’s financial statements or to its 2024 Annual Report.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning. Forward-looking statements represent Micropolis’ current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

    About Micropolis Holding Company

    Micropolis is a UAE-based company specializing in the design, development, and manufacturing of unmanned ground vehicles (UGVs), AI systems, and smart infrastructure for urban, security, and industrial applications. The Company’s vertically integrated capabilities cover everything from mechatronics and embedded systems to AI software and high-level autonomy.

    For more information please visit www.micropolis.ai.

    Investor Contact:
    KCSA Strategic Communications
    Valter Pinto, Managing Director
    PH: (212) 896-1254
    Valter@KCSA.com

    Media Contact:
    Jessica Starman
    media@elev8newmedia.com

    The MIL Network

  • MIL-OSI USA: Baldwin Meets with Families Impacted by Milwaukee School Closures Due to Lead Exposure, Lack of Federal Support

    US Senate News:

    Source: United States Senator for Wisconsin Tammy Baldwin

    MILWAUKEE, WI – Today, U.S. Senator Tammy Baldwin (D-WI) visited Milwaukee Public Schools’ (MPS) Frances Starms Discovery Learning Center to meet with parents whose children’s health was at risk and schools were closed this year because of lead hazards.

    “When Milwaukee called for help to keep kids safe and address this lead crisis, their application was denied because RFK, Jr. and Donald Trump fired every single one of the lead experts who could help,” said Senator Baldwin. “Today, I heard firsthand from Milwaukee families whose children have been poisoned by lead and were forced out of the schools they attend, all while they continue to live in fear and think they were left behind. While Donald Trump and RFK, Jr. continue to sit on their hands, I’ll keep showing up, listening to the families, and fighting to hold the Trump administration to account so Milwaukee gets the support it deserves.”

    Baldwin’s visit comes as she continues to hold the Trump Administration accountable for failing to support Milwaukee, firing the entire Childhood Lead Poisoning Prevention Surveillance Branch, and not providing on-the-ground support to keep children safe.

    In early April, the Centers for Disease Control notified MPS that they would not be able to receive on-site help from lead experts because the Trump administration shut down the lead poisoning branch and fired the experts. The crisis has shuttered six schools and displaced 1,800 children in Milwaukee. Senator Baldwin has repeatedly pressed the Administration to reinstate fired experts and approve Milwaukee’s plea for federal assistance. 

    MIL OSI USA News

  • MIL-OSI USA: Padilla, Schiff, Schumer Demand Answers from Trump Administration on Arrest and Detention of SEIU Union Labor Leader David Huerta

    US Senate News:

    Source: United States Senator Alex Padilla (D-Calif.)

    Padilla, Schiff, Schumer Demand Answers from Trump Administration on Arrest and Detention of SEIU Union Labor Leader David Huerta

    WASHINGTON, D.C. — Today, U.S. Senators Alex Padilla (D-Calif.), Ranking Member of the Senate Judiciary Immigration Subcommittee, Adam Schiff (D-Calif.), and Senate Democratic Leader Chuck Schumer (D-N.Y.) are demanding answers from top Trump Administration officials regarding the arrest and detention of David Huerta, President of Service Employees International Union (SEIU) California and SEIU-United Service Workers West. Mr. Huerta was injured, arrested, and detained by federal officials in Downtown Los Angeles while exercising his lawful right to observe the conduct of immigration enforcement personnel on Friday, June 6, 2025. He currently remains detained in federal custody. 

    “It is deeply troubling that a U.S. citizen, union leader, and upstanding member of the Los Angeles community continues to be detained by the federal government for exercising his rights to observe immigration enforcement,” wrote the Senators.  

    “As U.S. Senators, we are privileged and proud to represent Americans like Mr. Huerta, who are pillars of their community and stand up for the fundamental rights of all Californians. We have a constitutional duty to conduct oversight of the Department of Homeland Security and the Department of Justice and its components to ensure that the rights of Californians are upheld. As such, we demand a complete and comprehensive response to the following requests regarding this incident by Friday, June 13, 2025,” concluded the Senators. 

    The Senators are voicing their serious concerns to Secretary of Homeland Security Kristi Noem, Attorney General Pam Bondi, and Immigration and Customs Enforcement (ICE) Acting Director Todd M. Lyons.

    Yesterday, Senator Padilla joined MSNBC’s “The Weekend: Primetime” to condemn the Trump Administration’s ICE raids across Los Angeles and President Trump’s ensuing unprecedented deployment of nearly 2,000 members of California’s National Guard to the region. Padilla also joined Los Angeles outlets KTLA and KNX last night to discuss the fear and chaos the Trump Administration is stoking in Los Angeles and across California. On Friday, Padilla issued a statement condemning the Los Angeles ICE raids.

    Full text of the letter is available here and below:   

    Dear Secretary Noem, Acting Director Lyons, and Attorney General Bondi:

    We write to express our grave concerns regarding the arrest and detention of David Huerta, the President of Service Employees International Union (SEIU) California and SEIU United Service Workers West.

    On Friday, June 6, 2025, Immigration and Customs Enforcement (ICE), Homeland Security Investigations (HSI), the Drug Enforcement Agency (DEA), and several other federal agencies conducted numerous immigration enforcement actions throughout Southern California. During a workplace enforcement action, Mr. Huerta, a well-known and deeply respected community leader, was exercising his lawful right to observe the conduct of immigration enforcement personnel. In the course of doing so, Mr. Huerta suffered an injury and law enforcement personnel apprehended and subsequently arrested him. It is deeply troubling that a U.S. citizen, union leader, and upstanding member of the Los Angeles community continues to be detained by the federal government for exercising his rights to observe immigration enforcement.

    As U.S. Senators, we are privileged and proud to represent Americans like Mr. Huerta, who are pillars of their community and stand up for the fundamental rights of all Californians. We have a constitutional duty to conduct oversight of the Department of Homeland Security and the Department of Justice and its components to ensure that the rights of Californians are upheld. As such, we demand a complete and comprehensive response to the following requests regarding this incident by Friday, June 13, 2025:

    1. We request that the Department of Homeland Security and the Department of Justice undertake a review to determine which federal agencies and personnel were involved in the actions that resulted in the injuries sustained by Mr. Huerta and what disciplinary actions may be necessary for relevant federal personnel.

    2. We request that the Department of Justice state the legal authority under which Mr. Huerta is currently being detained.

    Thank you for your prompt attention to this urgent matter.

    Sincerely,

    MIL OSI USA News

  • MIL-OSI USA: Hickenlooper, Bennet Statement on Secretary Lutnick’s Senate Testimony

    US Senate News:

    Source: United States Senator John Hickenlooper – Colorado

    WASHINGTON – Today, U.S. Senators John Hickenlooper and Michael Bennet released the following statement following the congressional testimony from Commerce Secretary Howard Lutnick:

    “Colorado, and the rest of the country, worked for years to create and prepare programs to expand broadband access under the Broadband Equity, Access, and Deployment (BEAD) program. These programs are nearly finalized, and delaying them will cost millions of dollars, add unnecessary bureaucratic burdens, and deprive Coloradans of high-speed, affordable internet.

    “Secretary Lutnick’s decision to ask states to reapply for this federal funding betrays the promise Congress made to the American people.”

    Hickenlooper was part of the bipartisan group of 22 senators who negotiated and wrote the $1.2 trillion infrastructure deal, which authorized the BEAD program.

    The BEAD program is the largest broadband investment in American history and invests $42.45 billion to expand high-speed internet access by funding planning, infrastructure deployment, and adoption programs in all 50 states and territories. It prioritizes communities with little to no reliable internet access to make sure unserved and underserved areas aren’t left behind.

    In Colorado, 10 percent of locations are unserved or underserved, and 190,850 households lack access to the internet. In June 2023, the National Telecommunications and Information Administration awarded Colorado over $826 million as part of the program.

    MIL OSI USA News

  • MIL-OSI USA: Reps. David Scott, Scanlon, Frost, and Adams Introduce Legislation to Expand Student Access to Music and Arts Education

    Source: United States House of Representatives – Congressman David Scott (GA-13)

    WASHINGTON D.C. — Today, Congressman David Scott (GA-13), alongside Congresswoman Mary Gay Scanlon (PA-05), Congressman Maxwell Frost (FL-10), and Congresswoman Alma Adams (NC-12), announced the introduction of the Reimagining Inclusive Arts Education Act. The bill expands access to music and arts education for students across the nation, particularly in historically underserved and underfunded communities.

    The Reimagining Inclusive Arts Education Act will provide Department of Education grants to support the professional development of arts educators. The bill allows program funding that expands inclusive curricula, innovative adaptation of lesson plans, and unique arts lesson accommodations for a wider variety of students. Importantly, the bill prioritizes funding for Title I schools to ensure educators with fewer resources have access to professional development opportunities.

    “Decades of research show that students who are involved in arts education perform better academically, have improved emotional well-being, and are better prepared for careers in a 21st-century economy,” said Congressman David Scott. “Regardless of their abilities, students deserve equal access to visual Arts, theatre, dance, and music, all of which are all integral components to a well-balanced curriculum. The Reimagining Inclusive Arts Education Act will provide arts educators with the tools needed to make their lessons accessible to all students. The bill has the capacity to push young minds to think critically and socialize—skills that are crucial for students with disabilities who may be left out of other avenues of expression.”

    “Art programs in schools can provide important benefits for intellectual development – especially for young people with disabilities,” said Congresswoman Mary Gay Scanlon. “Unfortunately, many schools lack basic resources and funding to maintain these programs. I’m proud to partner with Reps. Scott, Frost, and Adams on this legislation to help our schools fill the funding gaps, ensure equitable accessibility for students with disabilities, and set up our children for success in the future.”

    “The arts provide a platform for creativity and solidarity, and as someone who attended an arts school growing up, I know how important it is for students to have the space and opportunity to express themselves. By making intentional investments in our arts educators and therapists, we ensure that every student, especially those with disabilities, can harness their creativity and thrive,” said Congressman Maxwell Frost. “I’m proud to cosponsor this Reimagining Inclusive Arts Education Act so we can build a more inclusive, accessible arts education system where every student can experience the power and joy of the arts.”

    “As a former art professor of 40 years, I’ve seen firsthand the profound impact arts have when they’re accessible to everyone,” said Congresswoman Alma Adams. “Every student, no matter ability, should have the opportunity to have arts in their life. I’m proud to support the Inclusive Arts Education Act so we can create inclusive, art-filled classrooms in schools across the country.”

    “The National Association for Music Education (NAfME) stands in strong support of the Reimagining Inclusive Arts Education Act, reintroduced by Congressman David Scott (GA-13)” said NAfME President Deb Confredo. “This bill speaks to the fundamental right of all children to effective arts education. Grants stemming from this bill would fund professional development for arts educators and creative arts therapists in their mission to provide innovative, inclusive, high quality, and accessible arts education experiences for all and, in particular, those children with disabilities. Research demonstrates that the outcomes of systematic and purposeful arts education are highly positive and far-reaching, often fostering growth in social skills, problem solving, creativity, team building, and cooperation, while physical, mental, and emotional health are often fortified. Funds designated through this bill would substantiate that the arts benefit all children, and especially those with disabilities. NAfME urges the 119th Congress to adopt this legislation as an investment in humanity and a demonstration of the belief in unity made more attainable through the arts.”

    “The American Music Therapy Association is very pleased to support the Reimagining Inclusive Arts Education Act,” stated Judy Simpson, Director of Government Relations. “This important legislation will support innovative and inclusive creative arts therapies provided by credentialled music therapists, art therapists, dance/movement therapists, and drama therapists for children with disabilities.  Expanding opportunities for these unique learning interventions will improve students’ ability to successfully access education and achieve academic goals.”

    “The Reimagining Inclusive Arts Education Act opens doors for students with disabilities to engage fully in high-quality arts education,” said Erin Harkey, CEO of Americans for the Arts. “This legislation strengthens mental health, boosts academic success, and nurtures the development of well-rounded individuals. We’re proud to support Congressman Scott’s leadership in advancing professional development for arts educators and creative arts therapists—building more inclusive classrooms where all students can succeed.”

    Endorsing Organizations: American Music Therapy Association, Americans for the Arts, Arkansas Music Education Association, Arts Alliance Illinois, Arts Ed NJ, Arts Education in Maryland Schools, Arts North Carolina, California Music Education Association, Council of Administrators of Special Education, Cure SMA, DC Music Education Association, Delaware Music Educators Association, Education Theatre Association, El Sistema USA, The Feierabend Association for Music Education, Florida Music Education Association, Georgia Music Educators Association, Guitars and Ukes in the Classroom, Hip-Hop Education Center, Ingenuity Inc., JazzSLAM, J.W. Pepper, Kansas Music Educators Association, Kentucky Music Educators Association, Kindermusik International, The Lang Lang International Music Foundation, League of American Orchestras, Maryland Music Educators Association, Massachusetts Music Educators Association, Mental Health Association of Central Florida, Michigan Music Educators Association, Montana Music Educators Association, Music Teachers National Association, Music Travel Consultants, Music Will, National Arts Education Association, National Association for Media Arts Education, National Association for Music Educators, National Center for Learning Disabilities, National Dance Education Organization, National Down Syndrome Congress, National Guild for Community Arts Education, National Music Council of the United States, Nevada Music Educators Association, New Hampshire Music Educators Association, New Jersey Music Educators Association, New York State School Music Association, North Carolina Music Education Association, Ohio Music Educators Association, OPERA America, Oregon Music Educators Association, Pennsylvania Music Educators Association, Percussive Arts Society, Rhode Island Music Educators Association, Save the Music, South Dakota Music Educators Association, Springfield Symphony Orchestra, TASH, Utah Music Educators Association, Vermont Music Educators Association, Vermont Music Educators Association, The Viscardi Center and Henry Viscardi School, Young Audiences Arts for Learning

    Full text of the bill can be found HERE.

    ###

    MIL OSI USA News

  • MIL-OSI USA: PRESS RELEASE: Democrats Demand Action on Cost-of-living Crisis, Warn That Trump’s One Big Ugly Bill Will Drive Prices Even Higher

    Source: United States House of Representatives – Representative Nanette Diaz Barragán (CA-44)

    Collegeville, PA – Today, the House Democratic Steering and Policy Co-Chairs, Congresswomen Debbie Wasserman Schultz (FL-25), Robin Kelly (IL-02) and Nanette Barragán (CA-44), led a roundtable discussion with local leaders and stakeholders impacted by the Trump Tariffs and Republican threats to cut Medicaid and SNAP. Witnesses warned that the Republican ‘One Big Ugly Bill’ would only exacerbate the cost-of-living crisis for Pennsylvania’s working families.

    Congresswoman Madeleine Dean (PA-04) hosted the committee’s field hearing, and took testimony from community leaders who work directly helping people meet their basic needs to hear how the cost-of-living crisis would worsen with the Republican tax scam to slash Medicaid and food assistance while giving huge new tax breaks to billionaires.

    “At a time when families need stability, President Trump has thrown our economy into turmoil with reckless tariffs that continue to decimate retirement and college savings accounts,” said Dean. “Meanwhile, Trump and Republicans are pushing their ‘Big Ugly Bill,’ which will kick more than 300,000 Pennsylvanians off their healthcare and rip away food assistance from 140,000 of our neighbors. We should be fighting to lower costs for working families — not spiking prices and financing another tax break for the wealthy.”

    “Republicans are not interested in making life more affordable for American families. Trump’s One, Big, Ugly bill will take away food and rental assistance, and life-saving health care from millions of Americans,” said Barragán. “House Republicans have refused to work with Democrats to deliver solutions that support hardworking Americans. Seniors, children, and veterans will bear the burden of higher costs of food, healthcare, and housing while Trump’s billionaire donors get richer.”

    “Grocery checkout lines and the fear of falling ill are still major sources of financial anxiety for families, yet the Republican response is to give the wealthiest Americans a tax break windfall and pay for it by taking affordable health care and food assistance from millions of people. It’s a cruel, deplorable and fiscally irresponsible response, and we heard that message loud and clear today in Pennsylvania,” said Wasserman Schultz. “Far from lowering costs, Trump’s chaotic economic policies are driving recessionary fears, and Republicans’ ‘Big Ugly Bill’ would steal health care from 16 million Americans and deny food assistance to millions more. The net effect makes life even harder for paycheck-to-paycheck workers.”

    “President Trump promised to lower the cost of living on Day One. He lied,” said Kelly. “Instead, Americans are paying the cost of his shortsighted trade war at the checkout counter while Republicans in Congress attack food assistance and healthcare. This is a recipe for a cost-of-living disaster, yet Republicans’ solution is to give more tax breaks to the well-off and well-connected. I, alongside my Democratic colleagues, will continue to travel across the country to hear directly from the American people and bring their concerns back to Washington with real solutions.”

    The Steering and Policy Committee has gone on the road to hear from the American people, convening a town hall in California and a hearing in Virginia exposing the extreme Republican agenda. The Steering and Policy Committee will continue to travel the nation in the months ahead to reach the American people where they live and hear from them directly.

    The full video of today’s hearing can be found here.

    ###

    MIL OSI USA News

  • MIL-OSI USA: Chinese National Pleads Guilty to Acting at the Direction of North Korea to Export Firearms, Ammo, and Technology to North Korea

    Source: US State of California

    An illegal alien from China pleaded guilty today to federal criminal charges for illegally exporting firearms, ammunition and other military items to North Korea by concealing them inside shipping containers that departed from the Port of Long Beach, California, and for committing this crime at the direction of North Korean government officials, who wired him approximately $2 million for his efforts.

    Shenghua Wen, 42, of Ontario, California, pleaded guilty to one count of conspiracy to violate the International Emergency Economic Powers Act (IEEPA) and one count of acting as an illegal agent of a foreign government. Wen has been in federal custody since his arrest in December 2024.

    According to his plea agreement, Wen is a citizen of the People’s Republic of China who entered the United States in 2012 on a student visa and remained in the U.S. illegally after his student visa expired in December 2013.

    Prior to entering the United States, Wen met with officials from North Korea’s government at a North Korean embassy in China. These government officials directed Wen to procure goods on behalf of North Korea.

    In 2022, two North Korean government officials contacted Wen through an online messaging platform and instructed him to buy and smuggle firearms and other goods – including sensitive technology – from the United States to North Korea via China.

    In 2023, at the direction of North Korean government officials, Wen shipped at least three containers of firearms out of the Port of Long Beach to China en route to their ultimate destination in North Korea. Wen took steps to conceal that he was illegally shipping firearms to North Korea by, among other things, filing false export information regarding the contents of the containers.

    In May 2023, Wen purchased a firearms business in Houston, paid for with money sent through intermediaries by one of Wen’s North Korean contacts. Wen purchased many of the firearms he sent to North Korea in Texas and drove the firearms from Texas to California, where he arranged for them to be shipped.

    In December 2023, one of Wen’s weapons shipments – which falsely reported to U.S. officials that it contained a refrigerator – left the Port of Long Beach and arrived in Hong Kong in January 2024. This weapons shipment was later transported from Hong Kong to Nampo, North Korea.

    In September 2024, Wen – once again acting at the direction of North Korean officials – bought approximately 60,000 rounds of 9mm ammunition that he intended to ship to North Korea.

    In furtherance of the conspiracy and at the direction of North Korean officials, Wen also obtained sensitive technology that he intended to send to North Korea. This technology included a chemical threat identification device and a handheld broadband receiver that detects known, unknown, illegal, disruptive or interfering transmissions.

    Wen also acquired or offered to acquire a civilian airplane engine and a thermal imaging system that could be mounted on a drone, helicopter, or other aircraft, and could be used for reconnaissance and target identification.

    During the scheme, North Korean officials wired approximately $2 million to Wen to procure firearms and other goods for their government.

    Wen admitted that at all relevant times he knew that it was illegal to ship firearms, ammunition, and sensitive technology to North Korea. He also admitted to never having the required licenses to export ammunition, firearms, and the above-described devices to North Korea. He further admitted to acting at the direction of North Korean government officials and that he had not provided notification to the Attorney General of the United States that he was acting in the United States at the direction and control of North Korea as required by law.

    Wen faces a maximum penalty of 20 years in prison on the count of violating the IEEPA and a maximum penalty of 10 years in prison on the count of acting as an illegal agent of a foreign government. Sentencing is scheduled for Aug. 18. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Assistant Attorney General for National Security John Eisenberg, U.S. Attorney Bilal A. Essayli for the Central District of California, and Assistant Director Roman Rozhavsky of the FBI Counterintelligence Division made the announcement.

    The FBI, Homeland Security Investigations, Defense Criminal Investigative Service (DCIS), the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), and the Department of Commerce Bureau of Industry and Security (BIS) are investigating the case.

    Assistant U.S. Attorney Sarah E. Gerdes for the Central District of California and Trial Attorney Ahmed Almudallal of the National Security Division’s Counterintelligence and Export Control Section are prosecuting the case.

    MIL OSI USA News

  • MIL-OSI Security: ICE Continues to Arrest Vicious Illegal Alien Criminals as Rioters Continue to Disrupt Law Enforcement

    Source: US Department of Homeland Security

    California sanctuary politicians and rioters are defending heinous illegal alien criminals including child pedophiles and other violent criminal illegal aliens at the expense of Americans’ safety

    WASHINGTON – Today, the Department of Homeland Security (DHS) released more information about some of the worst of the worst criminal illegal aliens arrested during the ongoing Immigration and Customs Enforcement (ICE) operation in Los Angeles. These arrests occurred on June 8 despite violent riots and assaults on ICE law enforcement. 

    “These heinous criminals, including child abusers and pedophiles, are some of the illegal aliens arrested yesterday in Los Angeles. Why do Governor Newsom and Los Angeles Mayor Karen Bass care more about violent criminal illegal aliens than they do about protecting their own citizens?” said Assistant Secretary Tricia McLaughlin. “These rioters in Los Angeles are fighting to keep rapists, murderers, and other violent criminals loose on Los Angeles streets. Instead of rioting, they should be thanking ICE officers who every single day wake up and make our communities safer.”

    Below is a list of some of the violent criminal illegal aliens arrested in ICE’s Los Angeles Operation on Sunday:

    Eswin Uriel Castro

    ICE arrested Eswin Uriel Castro, a previously deported illegal alien. Castro has criminal convictions for child molestation and being armed with a dangerous weapon. He has also been arrested for robbery and domestic violence. 

    Anastacio Enrique Solis-Salinas

    ICE arrested Anastacio Enrique Solis-Salinas, a convicted criminal from Nicaragua. His criminal history includes convictions for domestic violence and hit and run. Additionally, he’s been arrested for willful cruelty to a child.

    Rafael Gamez-Sanchez

    ICE arrested Rafael Gamez-Sanchez, an illegal alien, with a criminal conviction for vehicular manslaughter

    Miguel Angel Palafox-Montes

    ICE arrested Miguel Angel Palafox-Montes, an illegal alien, with criminal convictions for grand theft, narcotics violations, and identity theft. He has also been arrested for battery and burglary. Palafox-Montes has previously been voluntarily returned to Mexico twice. 

    Dzhakhar Aslambekov

    ICE arrested Dzhakhar Aslambekov, an illegal alien from Russia. Aslambekov was recently detained for fraud related to Electronic Benefit Transfer (EBT) cards used to access government assistance programs. 

    ###
     

    MIL Security OSI

  • MIL-OSI Security: Waterbury Teen Sentenced to 3 Years in Federal Prison for Salem Gun Theft, Trafficking Offenses

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    David X. Sullivan, United States Attorney for the District of Connecticut, announced that EDUARDO CRUZ, 19, of Waterbury, was sentenced today by U.S. District Judge Michael P. Shea in Hartford to 36 months of imprisonment, followed by three years of supervised release, for offenses related to the theft of firearms from a federally-licensed gun dealer in Salem, and the trafficking of some of the stolen firearms.

    According to court documents and statements made in court, in the early morning of March 15, 2024, Cruz and others drove a car into the entryway doors of Statewide Pawn Shop, a federal firearms licensee in Salem, and stole 21 firearms from the store.  Later that day, law enforcement made a controlled purchase of three of the stolen firearms from Cruz and a juvenile in Waterbury.  On March 18, 2024, investigators purchased another of the stolen firearms from Cruz, who arrived at the meeting location with two juveniles.  Cruz was arrested at that time, and law enforcement recovered two additional stolen firearms, one that was carried by one of the juveniles, and one from Cruz’s vehicle.

    Two of the stolen firearms were also found in the home of one of Cruz’s associates on March 18, 2024.  Thirteen of the stolen firearms are still missing.

    Cruz has been detained since his arrest.  On March 7, 2025, he pleaded guilty to one count of theft of firearms from a licensee and one count of firearms trafficking.

    This matter is being investigated by the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF), the Connecticut State Police, and the Waterbury, Stamford, and Wolcott Police Departments.

    U.S. Attorney Sullivan thanked the State’s Attorney for the Judicial District of Waterbury and the State’s Attorney for the Judicial District of New London for their cooperation in investigating and prosecuting this matter.

    The case is being prosecuted by Assistant U.S. Attorney Sean Mahard through Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce gun violence and other violent crime, and to make our neighborhoods safer for everyone. For more information about Project Safe Neighborhoods, please visit www.justice.gov/psn.

    MIL Security OSI

  • MIL-OSI Security: Harrison County Man Admits to Methamphetamine Charge

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    CLARKSBURG, WEST VIRGINIA – James Leonard Bailey, III, age 41, of Stonewood, West Virginia, has admitted to conspiring to possess with the intent to distribute five grams or more of methamphetamine.  

    According to court documents, Bailey was found with 32 grams of methamphetamine and a firearm in Harrison County.

    Bailey is facing at least five and up to 40 years in prison. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Assistant U.S. Attorney Christie Utt is prosecuting the case on behalf of the government.

    The Bureau of Alcohol, Tobacco, Firearms and Explosives and the Stonewood Police Department investigated.

    U.S. Magistrate Judge Michael John Aloi presided.

    MIL Security OSI

  • MIL-OSI Security: Founder of Orange County Based Non-Profit Charged in 15-Count Indictment Alleging He Bribed County Supervisor in $12 Million Scheme

    Source: US FBI

    SANTA ANA, California – The founder of a now-shuttered non-profit organization has been indicted on federal charges alleging he bribed then-Orange County Supervisor Andrew Hoang Do to obtain approximately $12 million in COVID-19 pandemic-related funds, pocketed the bulk of that money, then laundered it to avoid detection by law enforcement, the Justice Department announced today.

    Peter Anh Pham, 65, of Garden Grove, is charged with one count of conspiracy to commit wire fraud, one count of conspiracy to commit honest services wire fraud, six counts of wire fraud, six counts of concealment money laundering, and one count of bribery.

    Also charged in the indictment is Thanh Huong Nguyen, 61, of Santa Ana, who is charged with one count of conspiracy to commit wire fraud, one count of wire fraud, and one count of concealment money laundering.

    Pham is considered to be a fugitive from justice. Nguyen’s initial appearance and arraignment are expected to occur on Monday in U.S. District Court in Santa Ana.

    “These two defendants are charged with conspiring with a corrupt politician to pad their pockets while the nation suffered under the weight of COVID-19,” said United States Attorney Bill Essayli. “My office and our law enforcement partners will continue our efforts to prosecute individuals who cashed in on government aid intended to help those impacted by the largest public health emergency in a century.”

    “This conspiracy was a house of cards built on lies, betrayal, and insatiable greed,” said Orange County District Attorney Todd Spitzer. “Today’s indictments are another critical step in ensuring accountability – and consequences – for those who conspired to use the County of Orange’s COVID-19 funds as their personal ATMs – and to return those stolen funds to their rightful owners – the community for which these funds were originally intended.” 

    According to the indictment that was returned on Wednesday and unsealed today, Pham was a friend and associate of Do, 62, of Santa Ana, who served on the Orange County Board of Supervisors from 2015 until his resignation in October 2024. In that role, Do was one of five supervisors on the Board, which is responsible for the county’s $9 billion annual budget.

    Do pleaded guilty in October 2024 to one count of conspiracy to commit bribery concerning programs receiving federal funds and is scheduled to be sentenced on June 9, when he will face a sentence of up to five years in federal prison. 

    From June 2020 to October 2024, Do used his official position as a county supervisor to vote for millions of dollars in county funds to be allocated in his district, subject to disbursement at his sole discretion. Do then steered county contracts and grants to Pham and Nguyen, the indictment alleges. 

    For example, in June 2020, Do voted to approve an agenda item that, in part, allocated $5 million in federal COVID-19 pandemic-relief funding to a county nutrition program. As part of this agenda item, Do authorized himself a budget of $1 million to develop that nutrition program in his district, which he could distribute without further approval from the rest of the Board. Eight days after Do voted to approve the agenda item, Pham founded the Huntington Beach-based non-profit organization Viet America Society (VAS).

    Pham, through VAS, and Nguyen, through a Garden Grove-based group called Hand-to-Hand Relief Organization Inc. (H2H), entered into contracts and beneficiary agreements with the county. In many of these contracts, VAS and H2H falsely represented that they would reimburse the county for any funds not spent for the contract’s intended purpose. In each of the beneficiary agreements, VAS and H2H falsely certified that all funds would be used solely for the grant’s intended purpose.

    In exchange for Pham’s bribes in the form of payments to his two daughters, Do used his official position as a county supervisor to advocate for VAS and H2H so county employees would approve contracts and beneficiary agreements between the county and these organizations. Do and his staff – including his chief of staff – edited the terms of those contracts and agreements to make them more favorable to Pham and Nguyen. Through the influence of Do and his staff, the county wired funds to Pham and Nguyen. 

    After receiving county funds, Pham and Nguyen transferred most of the money to other entities they controlled. They then spent large portions of the funds to pay personal expenses such as rent and bills, to pay off debts owed by their other businesses, and to make personal investments such as purchasing commercial and residential real estate. Pham and Nguyen also used county funds to bribe Do through payments to his daughters.

    Pham also used county money to pay the eventual wife of Do’s chief of staff, under the guise that she was providing consulting services to VAS. Do’s chief of staff then used his position in Orange County’s government to help VAS and H2H obtain county contracts, edited the contracts’ terms to make them more favorable to VAS and H2H, and helped those organizations fulfill reporting requirements and get paid.

    When required to submit invoices to the county to account for how the money was being spent, Pham and Nguyen submitted false documents, claiming to have used all the funds – all solely for legitimate purposes and according to the contracts’ terms.

    To disguise the funds’ source, Pham and an associate caused checks from county funds to be written to a Westminster-based company called D Air Conditioning Co. LLC. This company then issued checks from its corporate bank account to Pham, Pham’s associate, and one of Do’s daughters.

    In total, Pham and Nguyen unlawfully acquired approximately $12 million in county funds through this conspiracy.

    An indictment contains allegations that a defendant has committed a crime.  Every defendant is presumed innocent until and unless proved guilty beyond a reasonable doubt.

    If convicted of the charges, Pham and Nguyen would face a statutory maximum sentence of 20 years in federal prison for the conspiracy count, each wire fraud count, and each money laundering count. Pham also would face up to 10 years in federal prison for the bribery count. 

    The FBI, the Orange County District Attorney’s Office Bureau of Investigation, and IRS Criminal Investigation are investigating this matter.      

    Assistant United States Attorneys Nandor F.R. Kiss and Rosalind Wang of the Orange County Office, Assistant United States Attorney Tara Vavere of the Asset Forfeiture and Recovery Section, and Senior Deputy District Attorney Avery T. Harrison and Deputy District Attorney Anthony J. Schlehner of Orange County District Attorney’s Office are prosecuting this case.

    MIL Security OSI

  • MIL-OSI Security: Southern California Nurse Indicted for Multimillion-Dollar Hospice Fraud in Fresno and Kern Counties

    Source: US FBI

    FRESNO, Calif. — A federal grand jury returned a six-count indictment charging Jessa Zayas, 34, of Santa Clarita, with health care fraud and aggravated identity theft for submitting millions of dollars in of fraudulent claims for hospice care to Medicare, Acting United States Attorney Michele Beckwith announced today.

    Hospice is a type of care and support for terminally ill patients. Medicare is a federal health insurance program that covers certain hospice expenses. Generally, a patient must be certified as being terminally ill to qualify for hospice care payments under Medicare.

    According to court records, Zayas was the CEO and owner of Healing Hands Hospice and Humane Love Hospice, which are based in Van Nuys, while also working another full-time job.  Zayas caused Healing Hands and Humane Love to fraudulently bill Medicare for hospice care supposedly provided to over 100 people who were not in fact terminally ill. Zayas knew these individuals were not terminally ill as was represented to Medicare, and that they therefore were ineligible for the Medicare hospice payments. The total amount of fraudulent Medicare billings caused by Zayas from June 2023 through May 2025 was at least $2,500,000.

    Zayas and others obtained personal Medicare information for the supposed hospice patients by going to retirement homes in Fresno and Kern Counties. To avoid detection, they made these visits after hours when most of the retirement residences’ managers were gone for the day. Zayas and others knocked on the patients’ doors and asked them for their information so that they could enroll them in hospice. Zayas then caused the Medicare claims to be submitted with false representations about terminal illness and submitted forged doctor’s certifications when Medicare asked for supporting documentation. The Medicare payments were deposited into banks accounts that Zayas controlled.

    The FBI and HHS OIG arrested Zayas and executed a search warrant at her home last week.  Among other evidence, the FBI seized $77,000 in cash that Zayas had hidden in boxes underneath her bed.

    This case is the product of an investigation by the FBI and HHS OIG.  Assistant United States Attorneys Joseph Barton and Brittany Gunter are prosecuting the case.

    If convicted, Zayas faces a maximum term of 10 years in prison and a $250,000 fine for the health care fraud charge.  She also faces an additional mandatory two years in prison for the aggravated identity theft charge, consecutive to any other sentence.  Any sentence, however, would be determined at the discretion of the court after consideration of any applicable statutory factors and the Federal Sentencing Guidelines, which take into account a number of variables.  The charges are only allegations.  Zayas is presumed innocent until and unless proven guilty beyond a reasonable doubt.

    MIL Security OSI

  • MIL-OSI: Oportun to Present at Sidoti June Virtual Investor Conference

    Source: GlobeNewswire (MIL-OSI)

    SAN CARLOS, Calif., June 09, 2025 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced that it will participate in the upcoming Sidoti June Virtual Investor Conference.

    Oportun’s Chief Executive Officer, Raul Vazquez, and Interim Chief Financial Officer, Paul Appleton, will present and participate in investor meetings at the conference. The presentation will begin at 4:00 pm ET on June 11th and can be accessed live at this link.

    A link to the presentation webcast will also be accessible in the “IR calendar” section of Oportun’s Investor Relations website under “News & Events” at https://investor.oportun.com. A replay will be available for an additional 90 days via the same link following the conference.

    About Oportun 
    Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members’ financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $20.3 billion in responsible and affordable credit, saved its members more than $2.4 billion in interest and fees, and helped its members set aside an average of more than $1,800 annually. For more information, visit Oportun.com.

    Investor Contact
    Dorian Hare
    (650) 590-4323
    ir@oportun.com

    Media Contact
    Michael Azzano
    Cosmo PR for Oportun
    michael@cosmo-pr.com
    (415) 596-1978

    The MIL Network

  • MIL-OSI: Codere Online Announces 2025 Annual General Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    Luxembourg, Grand Duchy of Luxembourg, June 9, 2025 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (Nasdaq: CDRO / CDROW) (the “Company” or “Codere Online”), a leading online gaming operator in Spain and Latin America, today announced that its 2025 Annual General Meeting of Shareholders (“AGM”) will be held on June 30, 2025 at 3:00 PM CET at the registered office of the Company.

    The convening notice of the AGM, including the agenda, proposed resolutions, and voting instructions, is available on the Shareholders Meetings section of the Company’s website at codereonline.com and is being furnished to the U.S. Securities and Exchange Commission on Form 6-K.

    Shareholders of record as of the close of business on June 4, 2025 are entitled to attend and vote at the meeting.

    About Codere Online

    Codere Online refers, collectively, to Codere Online Luxembourg, S.A. and its subsidiaries. Codere Online launched in 2014 as part of the renowned casino operator Codere Group. Codere Online offers online sports betting and online casino through its state-of-the art website and mobile applications. Codere currently operates in its core markets of Spain, Mexico, Colombia, Panama and Argentina. Codere Online’s online business is complemented by Codere Group’s physical presence throughout Latin America, forming the foundation of the leading omnichannel gaming and casino presence.

    For more information, please contact:

    Investors and Media
    Guillermo Lancha
    Director, Investor Relations and Communications
    Guillermo.Lancha@codereonline.com
    (+34) 628.928.152

    The MIL Network

  • MIL-OSI: Kangamoon Launches Telegram-Based Play-to-Earn Game “KANG RUSH” With $5,000 Prize Pool

    Source: GlobeNewswire (MIL-OSI)

    ROAD TOWN, British Virgin Islands, June 09, 2025 (GLOBE NEWSWIRE) — Kangamoon, a Web3 gaming platform, has officially launched its highly anticipated Play-to-Earn (P2E) fighter game, “KANG RUSH,” on Telegram. The launch introduces a $5,000 reward pool in $KANG tokens for top players over the first 30 days, marking a major milestone in the rollout of the Kangaverse ecosystem.

    Ripple’s Resurgence: Why Is XRP Going Up?

    In recent weeks, Ripple’s XRP has been gaining renewed attention. XRP’s price is now hovering around $2.29 USD, reflecting a modest recovery amid overall market fluctuations. Many in the community are asking, “Why is XRP going up?” – and a few factors seem to be converging.

    For one, Ripple’s recent SEC settlement has helped ease some of the legal uncertainties that previously weighed on the token. Positive regulatory news has boosted investor confidence, and with institutional interest stirring thanks in part to institutional momentum, including recent XRP ETF approvals and increased mentions of Ripple in financial policy discussions – XRP’s price live updates have shown steady improvements. Trading volume has also picked up across major exchanges, underscoring the renewed market optimism and higher liquidity.

    Meanwhile, another token making headlines is Kangamoon (KANG) — a Play-to-Earn (P2E) fighter game token that just launched its flagship game. The price of KANG has jumped 80.10% in the past 7 days, now trading at $0.0014 with over $130,000 in 24-hour trading volume.

    XRP Ripple News: Institutional and Political Developments

    Recent XRP ripple news points to several catalyst events:

    • ETF Momentum: ProShares recently received approval to launch XRP-tracking ETFs. Such developments are expanding institutional access to XRP, which many believe could help sustain its recovery.
    • Stablecoin Progress: Ripple’s RLUSD stablecoin has grown in circulation, further integrating XRP into the digital payments ecosystem.
    • Political Headlines: Adding to the buzz, former U.S. political figures have mentioned XRP in discussions about a national crypto strategy, sparking wider speculation about its future role in government financial systems.
    • Elon Musk Rumors: Unverified reports on social media suggest Elon Musk may consider XRP for future integration into X Payments platform, contributing to the “xrp price live” commentary that circulates on social media.

    All of these factors have helped refresh investor sentiment, painting a picture of renewed growth for XRP even as the market continues to evolve.

    Kangamoon (KANG) Announces New Game Launch

    While XRP recovers, Kangamoon (KANG) is making noise of its own in the GameFi space. The team is set to launch a Telegram-based Play-to-Earn (P2E) fighter game on June 9, 2025.

    This game features:

    • Point-based battles that convert into $KANG rewards
    • Character inventories, upgrades, and boosters
    • Real-time leaderboards and a competitive structure

    The launch event, titled “KANG RUSH,” offers $5,000 in $KANG to the Top players over the first 30 days. The game is Web3-native, with token and wallet integration built-in. This marks the beginning of the Kangaverse—a fusion of meme culture, token rewards, and fast-paced gameplay.

    The price of KANG has started to show early signs of activity, with trading volume picking up in anticipation of the game launch. This blend of innovative game mechanics and token-based rewards has put Kangamoon in the spotlight as a potential breakout in the P2E space.

    As of today, CoinGecko lists KANG at $0.0014, with growing interest driven by the game launch hype and increased trading volume.

    Final Analysis

    The latest XRP news and price updates indicate that Ripple could be on a path to recovery, driven by regulatory wins and increased institutional interest. While many still wonder whether XRP could eventually serve as a robust medium of exchange, its current performance suggests a cautious yet positive outlook.

    At the same time, the Kangamoon game launch introduces a fresh, GameFi narrative that’s shaking up the crypto market. The combination of strong gameplay features, low barriers to entry (thanks to its Telegram platform), and innovative Web3 elements is drawing both casual players and seasoned investors. With trading volumes and KANG price activity increasing, the Kangaverse might just be the next area where early movers reap significant rewards.

    In a market defined by rapid innovation and shifting investor sentiment, keeping an eye on both XRP’s steady recovery and Kangamoon’s bold new venture is worthwhile. Whether you’re watching XRP’s recovery or tracking the Kangamoon game launch, staying updated with the latest developments remains the key to navigating this evolving landscape.

    For more information

    Contact Details:

    Kangamoon
    Alex Roberts
    contact@kangamoon.game

    Disclaimer: This press release is provided by the “Kangamoon”. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/66779c01-3a1c-492c-a4a0-2982ebb1dae1

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3bd8fe8a-fe2c-4173-ad5e-e609bebcbaa5

    The MIL Network

  • MIL-OSI: Microchip Technology to Present at The Mizuho 2025 Technology Conference

    Source: GlobeNewswire (MIL-OSI)

    CHANDLER, Ariz., June 09, 2025 (GLOBE NEWSWIRE) — Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Company will present at the Mizuho 2025 Technology Conference on Tuesday, June 10, 2025 at 9:45 a.m. (Eastern Time). Presenting for the Company will be Mr. Richard Simoncic, Chief Operating Officer, and Mr. Sajid Daudi, Head of Investor Relations. A live webcast of the presentation will be made available by Mizuho, and can be accessed on the Microchip website at www.microchip.com.

    Any forward looking statements made during the presentation are qualified in their entirety by the discussion of risks set forth in the Company’s Securities and Exchange Commission filings. Copies of SEC filings can be obtained for free at the SEC’s website (www.sec.gov) or from commercial document retrieval services.

    Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs, which reduce risk while lowering total system cost and time to market. The company’s solutions serve approximately 112,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at www.microchip.com.

    Note: The Microchip name and logo are registered trademarks of Microchip Technology Inc. in the USA and other countries.

     INVESTOR RELATIONS CONTACT:

    Deborah Wussler ……… (480) 792-7373

    The MIL Network

  • MIL-Evening Report: As livestock numbers grow, wild animal populations plummet. Giving all creatures a better future will take a major rethink

    Source: The Conversation (Au and NZ) – By Clive Phillips, Adjunct Professor in Animal Welfare, Curtin University

    Toa55/Shutterstock

    As a teenager in the 1970s, I worked on a typical dairy farm in England. Fifty cows grazed on lush pastures for most of their long lives, each producing about 12 litres of milk daily. They were loved and cared for by two herdsmen.

    About 50 years later, I visited a dairy farm in China. There, 30,000 cows lived indoors. Most of these selectively bred animals wore out after two or three years of producing 30–40 litres of milk every day, after which they were unceremoniously killed. The workers rarely had contact with the cows. Instead, they sat in offices, programming machines which managed them.

    This speaks to a huge and very recent shift in how we treat animals. Over the last half century, the human population has soared – and so too our demand for meat, milk and many other animal products. As a result livestock populations have ballooned while living conditions for animals permanently kept inside have drastically worsened.

    Even as farmed animals have multiplied, populations of wild animals have crashed. The two trends are deeply connected. Humans convert wildlife habitat into pastures and farms, expanding living space for farm animals at the expense of many other animals.

    This cannot continue. Humans must reckon with how we treat the myriad other species on the planet, whether we rely on them or not. As I argue in my new open access book, the growing scarcity of animal species should make us grasp our responsibility towards the welfare of all animal species on the planet, not just those in farms.

    Efforts to enshrine rights for animals is not enough. The focus has to be on our responsibilities to them, ensuring they lead good lives if in our care – or are left well alone if they are not.

    Should we care?

    In the last 50 years, two-thirds of all wild animal populations have been lost.

    The main cause is habitat loss, as native forest is felled to grow grass for cattle or corn and soya for livestock.

    By weight, the world’s farm animals and humans now dwarf the remaining wild animals. Farm animals weigh 630 million tonnes and humans 390 million tonnes, while wild land mammals now weigh just 20 million tonnes and marine mammals 40 million tonnes.

    Wildlife numbers have fallen off a cliff across many kingdoms of life. Three quarters of flying insects are gone from monitored areas of Western Europe. One in eight bird species is threatened with extinction worldwide.

    Insect populations are plunging, endangering the many animal species who rely on them.
    David Pineda Svenske/Shutterstock

    On animal welfare, philosophers have long argued one of two positions. The first is known as “utilitarianism”. This approach argues for minimising the bad things in the world and maximising the good things, regardless of who benefits from them, humans or other animals. This theory-heavy approach does little to restore our relationship with wild animals because of the difficulties in deciding what is good and bad for animals.

    The second has more to recommend it. This is the view that animals have the right to be looked after well. This approach has also been used to give rights to rivers, nature and even the atmosphere.

    But this doesn’t recognise the fact that only humans can attribute such rights to animals, who themselves do not have any concept of “rights”. It also doesn’t tackle the issue that most humans would not accord the same rights to a blue whale and an insect.

    A better approach might be to recognise our responsibilities to animals, rather than attribute rights to them.

    This would acknowledge the increasing rarity of animal species on Earth and the fact that – as far as we know – they’re unique in the universe. So far, no reliable signs have been found indicating life evolved on any other planets.

    Earth formed just over 4.5 billion years ago. Some evidence suggests simple animal life began just 400 million years later.

    The evolution of complex multicellular life on earth probably only happened once when a single celled organism – one of the ancient archaea, perhaps – engulfed a bacterium without digesting it. Instead, it found something better: putting it to work as an internal energy factory as the first mitochondrion. After that came life’s great flowering.

    But now we’re currently losing between 0.01–0.1% of all species each year. If we use an average species loss rate of 0.05% and assuming human pressures remain similar, life on Earth could have only 2,000 years left.

    Do we have responsibility to care for something just because it’s rare? Not always. But life is beautiful. We marvel when we are able to connect with wildlife. Other social animals also appear to derive pleasure from such relationships.

    If we destroy wild animal life, we could undermine the natural systems humans depend on. Pollinators are essential for orchards, forests protect topsoil and produce clean drinking water and predators prevent herbivore populations from soaring out of control and destroying crops. As wilder areas shrink, the chance of another animal virus spillover into humans increases.

    The habitat available for many wild animals has shrunk rapidly in recent decades.
    MohdFadhli_83/Shutterstock

    From small scale to industrial

    For almost all of human history, livestock herds were small enough that people could build relationships with the animals they depended on.

    But in only a couple of human generations, we’ve turned farm animal production into a factory process with billions of animals.

    For centuries, farm animals were walked to market. That, too, has changed. In 2005, I was undertaking research on a livestock ship alongside 80,000 sheep being transported from Australia to the Middle East. Hundreds of sheep die from the stress of these journeys, while many survivors arrive exhausted and terrified.

    These changes have made it possible for humans all around the globe to eat meat or dairy products at every meal. But it has come at a real cost to livestock and wild animals.

    Correcting this will not be easy. We have to learn to eat fewer animals or preferably none at all, restore habitat for wildlife and curb our consumption of the world’s natural resources.

    It’s not too late to restore animal habitat. Rewilding efforts are drawing back long-missing wild animals. There are hopeful signs for farm animal welfare too. The live export of Australian sheep will end in 2028. Battery cage production of eggs is dying out.

    These are big issues. But to paraphrase a quote reputedly by Confucius:

    The man who asks big questions is a fool for a minute. The man who does not ask, is a fool for life.

    Clive Phillips has received funding from several not-for-profit groups, including Voiceless and AnimalKind, to help make this book open access. He has previously had funding from several government and livestock industry organisations, as well as the World Organisation for Animal Health and Open Philanthropy. He was, until recently, a director of Humane Society International and chair of the Queensland and Western Australia government animal welfare boards. He is editor of the animal welfare book series of Springer Nature and another book series, Letters in Animal Welfare and Ethics for CABI, as well as editor-in-chief of the journals Animals, and Animal Behaviour and Welfare Cases.

    ref. As livestock numbers grow, wild animal populations plummet. Giving all creatures a better future will take a major rethink – https://theconversation.com/as-livestock-numbers-grow-wild-animal-populations-plummet-giving-all-creatures-a-better-future-will-take-a-major-rethink-256891

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Australia’s whooping cough surge is not over – and it doesn’t just affect babies

    Source: The Conversation (Au and NZ) – By Niall Johnston, Conjoint Associate Lecturer, Faculty of Medicine, UNSW Sydney

    Tomsickova Tatyana/Shutterstock

    Whooping cough (pertussis) is always circulating in Australia, and epidemics are expected every three to four years. However, the numbers we’re seeing with the current surge – which started in 2024 – are higher than usual epidemics.

    Vaccines for this highly infectious respiratory infection have been available in Australia for many decades. Yet it remains a challenging infection to control because immunity (due to prior infection, or vaccination) wanes with time.

    In 2025, more than 14,000 cases have been recorded already. Some regions, including Queensland and Western Australia’s Kimberley region, are seeing a marked rise in cases.

    In 2024, more than 57,000 cases of whooping cough were reported in Australia – the highest yearly total since 1991 – including 25,900 in New South Wales alone.

    What is causing the current surge?

    A few factors are driving numbers higher than we’d expect for an anticipated epidemic.

    COVID lockdowns in 2020 and 2021 reduced natural immunity to many diseases, disrupted routine childhood vaccination services, and resulted in rising distrust in vaccines. This has meant higher-than-usual numbers for many infectious diseases.

    And it’s not only Australia witnessing this surge.

    In the United States, whooping cough cases are at their highest since 1948, with deaths reported in several states, including two infants.

    In Australia, vaccine coverage remains relatively high but it is slipping and is below the national target of 95% .

    Even small declines may have a significant impact on infection rates.

    Who is at risk of whooping cough?

    Young babies, especially those under six weeks of age, are extremely vulnerable to whooping cough because they’re too young to be vaccinated.

    Infants under six months of age are also more likely to require hospitalisation for breathing support or have severe outcomes such as pneumonia, seizures or brain inflammation . Some do not survive.

    However, the greatest number of cases occur in older children and adults. In fact, in 2024, more than 70% of cases occurred in children 10 years and older, and adults.

    Babies who are too young to be vaccinated are most vulnerable.
    Halfpoint/Shutterstock

    Can you get whooping cough even if you’re vaccinated?

    The whooping cough vaccine works well, but its protection fades with time. Babies are immunised at six weeks, four months and six months, which gives good protection against severe illness.

    But without extra (booster) doses, that protection drops, falling to less than 50% by four years of age. That’s why booster doses at 18 months and four years are essential for maintaining protection against the disease.

    A whooping cough vaccine is also recommended for any adult who wishes to reduce the likelihood of becoming ill with pertussis. Carers of young infants, in particular, should have a booster dose if they’ve not received one in the past ten years.

    A booster dose is also recommended every ten years for health-care workers and early childhood educators.

    One of the best ways we can protect babies from the life-threatening illness of whooping cough is vaccination during pregnancy, which transfers protective antibodies to the unborn baby.

    If a woman hasn’t received a vaccine during pregnancy, they can be vaccinated as soon as possible after delivery (preferably before hospital discharge). This won’t pass protective immunity to the baby, but reduces the likelihood of the mother getting whooping cough, providing some indirect protection to the infant.

    How contagious is whooping cough?

    Whooping cough is extremely contagious – in fact, it is up to ten times more contagious than the flu.

    If you’re immunised against whooping cough, you’re likely to have milder symptoms. But you can still catch and spread it, including to babies who have not yet been immunised.

    Data shows siblings (and not parents) are one of the most common sources of whooping cough infection in babies.

    This highlights the importance of on-time vaccination not just during pregnancy, but also in siblings and other close contacts.

    How do I know it’s whooping cough, and not just a cold?

    Early symptoms of whooping cough can look just like a cold: a runny nose, mild fever, and a persistent cough.

    After about a week, the cough often worsens, coming in long fits that may end with a sharp “whoop” as the person gasps for breath.

    In very young babies, there may be no whoop at all. They might briefly stop breathing (called an “apnoea”) or turn blue.

    In teens and adults, the only sign may be a stubborn cough (the so-called “100-day” cough) that won’t go away.

    If you have whooping cough, you may be infectious for up to three weeks after symptoms begin, unless treated with antibiotics (which can shorten this to five days).

    You’ll need to stay home from work, school or childcare during this time to help protect others.

    What should I do to reduce my risk?

    Start by checking your vaccination record. This can be done through the myGov website, the Express Plus Medicare app or by asking your GP.

    If you’re pregnant, get a whooping cough booster in your second trimester. A booster is also important if you’re planning to care for young infants or meet a newborn.

    Got a cough that lasts more than a week or comes in fits? Ask your GP about testing.

    One quick booster could help stop the next outbreak from reaching you or your loved ones.

    Phoebe Williams receives funding from the National Health and Medical Research Council, the Gates Foundation, and the Medical Research Future Fund.

    Helen Quinn and Niall Johnston do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. Australia’s whooping cough surge is not over – and it doesn’t just affect babies – https://theconversation.com/australias-whooping-cough-surge-is-not-over-and-it-doesnt-just-affect-babies-257808

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: The One Big Beautiful Bill Will END Taxpayer-Funded Health Care for Illegals

    US Senate News:

    Source: US Whitehouse
    More than 1.4 million illegal immigrants — including cold-blooded criminals, like those arrested this weekend in Los Angeles — are currently on Medicaid, stealing taxpayer-funded health care benefits meant for American citizens.
    The One Big Beautiful Bill puts a stop to that. By passing the One Big Beautiful Bill, Medicaid will be protected for generations of American citizens — thwarting Democrats’ attempts at destroying it by funding benefits for illegals on the backs of hardworking American taxpayers.
    Of course, the One Big Beautiful Bill does even more to make good on President Trump’s commitment to American citizens by fully funding border security — providing for 10,000 new ICE personnel and 3,000 new Border Patrol agents to detain and deport at least one million criminal illegal immigrants annually and giving $10,000 annual bonuses in each of the next four years to our frontline heroes.
    Promises made, promises kept.

    MIL OSI USA News

  • MIL-OSI USA: Welch Joins 39 Colleagues in Fighting Trump Administration’s Illegal Termination of the Jobs Corp Program

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)
    WASHINGTON, D.C. – U.S. Senator Peter Welch (D-Vt.) recently joined Senator Bernie Sanders (I-Vt.) and 38 of his colleagues in urging the Trump Administration to immediately reverse its decision to illegally and abruptly terminate Job Corps center operations which have left 25,000 students and thousands of staff across 99 Job Corps centers, including in Vergennes, Vermont, in the lurch. 
    Since 1964, Job Corps has helped millions of low-income or at-risk young people develop the skills and resilience needed to succeed in work and life. As the largest free residential education and job training program for young adults ages 16-24, Job Corps programs help students complete their high school education, learn high-value technical skills, and connect to employment through intensive education, training, and support services in a residential setting while providing stable housing, medical and mental health care, and other supportive services to ensure their success. 
    “We urge you to immediately reverse this decision to prevent a lapse in education and services for Job Corps students. We further urge that the Department restart enrollments, expeditiously restart background checks, and make any contract extensions or modifications necessary to ensure no interruptions or delays for students or program operations,” wrote the Senators. “Congress passed the Full-Year Continuing Appropriations and Extensions Act of 2025, which includes $1,760,155,000 for Job Corps and ensures that Job Corps Centers are funded for the new program year that begins on July 1, 2025. We write to remind you of your obligation to faithfully implement the law.” 
    Job Corps centers operate in rural regions nationwide and contribute to their local communities and economies. Many centers have partnered with employers, local workforce development boards, government agencies, and community-based organizations to develop the future workforce and meet the needs of local employers. 
    The Senators continued: “At a time when more than 72% of jobs will require training beyond a high school diploma, Job Corps provides students with the opportunity to become wildland firefighters to keep our communities safe, nurses to help care for our families, electricians needed to build and maintain clean energy systems, and machinists, pipefitters, and welders to manufacture the next generation of submarines.” 
    “Abruptly canceling contracts for the nation’s Job Corps centers will leave students and communities in the lurch and undermine opportunities for young people to get education and training to succeed in valuable trades,” wrote the Senators. “Rather than gutting this valuable program, we urge you to work with Congress to strengthen accountability and program quality for the betterment of young workers, employers needing skilled labor, and communities nationwide, such as reforms included in the bipartisan, bicameral Workforce Innovation and Opportunity Act (WIOA) reauthorization bill from last Congress.” 
    The Senators requested answers to the following questions: 
    Please provide a list of onboard strength (enrollment) at each center before January 20, 2025 and before the operations pause on May 28, 2025. 
    With Job Corps operations on “pause”, how does the department plan to fulfill its obligations to implement the Full-Year Continuing Appropriations and Extensions Act, 2025, which includes $1,760,155,000 for Job Corps serving students? 
    Please provide information on the number of students experiencing homelessness prior to enrollment at a Job Corps center based on enrollment at each center on May 28, 2025. 
    Please provide a list of every contract that has been terminated or modified since January 20, 2025, including the total amount of funds to each operator, the amount of funds that each operator has spent up to the date of the contract’s termination or modification, and the amount of remaining unspent funds for each contract. 
    What authority is the Department using to “pause” operations? Please provide a citation in law or regulation. 
    The concept of a “pause” does not exist in Job Corps authorizing statute and appears to be an attempt to illegally shut down Job Corps operations without following requirements in law. Section 159 of the Workforce Innovation and Opportunity Act (WIOA) includes clear requirements and processes for the closure of Job Corps Centers that were not followed in this “pause”. How does the Department define a “pause” and how is it different than a “termination”? 
    On April 25, 2025, the Department’s Employment and Training Administration (ETA) released the first-ever Job Corps Transparency Report, which is used throughout the DOL press release to pause operations at centers.
    Centers have returned funding to DOL when enrollments were lower than expected (but that’s not reflected in this report.) Please provide an updated cost per enrollee that accounts for money returned to DOL. 
    The report also provides cost per enrollee based on enrollment from program year 2023. DOL has much more up-to-date enrollment numbers. Please provide an updated cost per enrollee with the enrollments on campuses as of May 28, 2025, incorporating onboard strength at each campus. 
    In addition to Senators and Welch and Sanders, the letter was cosigned by Senators Tammy Duckworth (D-Ill.), Richard Blumenthal (D-Conn.), Tim Kaine (D-Va.), Ed Markey (D-Mass.), Angela Alsobrooks (D-Md.), Lisa Blunt Rochester (D-Del.), Kirsten Gillibrand (D-N.Y.), Mazie Hirono (D-Hawaii), Elizabeth Warren (D-Mass.), Chris Murphy (D-Conn.), Chris Coons (D-Del.), John Fetterman (D-Pa.), Elissa Slotkin (D-Mich.), Ben Ray Lujan (D-N.M.), Amy Klobuchar (D-Minn.), Jacky Rosen (D-Nev.), Angus King (I-Maine), Martin Heinrich (D-N.M.), Tina Smith (D-Minn.), Jack Reed (D-R.I.), Chuck Schumer (D-N.Y.), Alex Padilla (D-Calif.), Raphael Warnock (D-Ga.), Jeff Merkley (D-Ore.), Brian Schatz (D-Hawaii), Cory Booker (D-N.J.), John Hickenlooper (D-Colo.), Andy Kim (D-N.J.), Chris Van Hollen (D-Md.), Dick Durbin (D-Ill.), Catherine Cortez Masto (D-Nev.), Mark Warner (D-Va.), Jeanne Shaheen (D-N.H.), Mark Kelly (D-Ariz.), Ron Wyden (D-Ore.), Gary Peters (D-Mich.), Tammy Baldwin (D-Wis.) and Patty Murray (D-Wash.).  
    Read and download the full text of the letter to Labor Secretary Lori Chavez-DeRemer. 

    MIL OSI USA News

  • MIL-OSI USA: Welch Joins Vermont Edition to Discuss Trump’s Trade War and Taxes on Hardworking American Families

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)
    COLCHESTER, VT – U.S. Senator Peter Welch (D-Vt.) today joined Vermont Public’s Vermont Edition to discuss how harmful cuts in Republicans’ ‘Big Beautiful Bill’ to vital programs like Medicaid and the Supplemental Nutrition Assistance Program (SNAP) will hurt the economy and hardworking Americans across the country.  
    “This legislation, the so-called ‘Big Beautiful Bill,’ that is going to inflict bipartisan suffering. It doesn’t matter whether you’re in a red state or a blue state—you lose your health care, you lose your community hospital, you start paying higher tariffs, you see your colleges that are dependent on some of these grants and it’s integrated and that’s getting taken away—that’s going to hurt all of us,” said Senator Welch. 
    In the interview, Senator Welch highlighted how President Trump’s trade war and disastrous budget will make it harder for Vermont farmers, businesses, and families to make ends meet.  
    Mikaela Lefrak: “We’ve heard many Democratic critiques of this bill, particularly around its historic reductions in Medicaid spending…do you expect the Senate version of this bill to differ significantly from the House’s in terms of Medicaid cuts?” 
    Senator Welch: “Well, my hope is that we kill the bill. I mean, there will be some adjustments that some of my Republican colleagues try to make to mitigate the damage, but this bill is very damaging to individuals in Vermont…First of all, Vermonters don’t believe they’re going to get a tax cut out of this deal. You know, the tariffs are increasing costs for them and making it very, very tough for business. So, inflation is going to be going up…It’s a huge addition to the debt, where interest rates are going up so your credit card costs will go up, if you’re trying to get a mortgage—and they’re already high rates—they’ll be higher.  
    “From an actual impact on Vermonters, we’ve got thousands of people who get their health care through Medicaid, and that includes disabled kids. And the parents are taking care of those kids and Medicaid’s a lifeline—they can lose that health care. Two out of three seniors who are in nursing homes, that is paid for by Medicaid, and they can be kicked out of those homes with these cuts. So, it’s very damaging there. Also, Vermont has strongly supported nutrition programs—farm to school, Meals on Wheels, school lunch. Also the SNAP program, it’s about six bucks a day for families that are eligible and it really makes a difference. There’s going to be billions of dollars cut from both Medicaid and the SNAP program, Meals on Wheels.  
    “And why in the world are we going to do that when the benefit is essentially going to be higher debt and some significant tax cuts to some very, very wealthy people who don’t need them and aren’t asking for them, and corporations that are already paying record-low tax rates?” 
    ■■■
    Mikaela Lefrak: “As a Democrat in the Senate, you and every single other Democrat can vote against this bill, and it can still pass. So, the goal here it seems is to try to convince a handful of Republicans—I think you need at least three or four—to vote no. How do you do that?” 
    Senator Welch: “The most comprehensive way I’ve approached trying to deal with this budget disaster and this bill is by getting the information out—and the same thing with tariffs, which I think are having a detrimental impact on Vermont businesses, Vermont farmers and Vermont consumers. So, a lot of what I’ll do is have roundtables where we will have people who are going to be affected by the tariffs, or be affected by these Medicaid cuts, to be able to talk about that and get that information out.  
    “And what I do with my Republican colleagues is I don’t give them a lecture, but I’ll find out about the community hospital situation in their district or their state, and I’ll ask them: ‘What’s going to happen if this bill passes to your community hospitals?’ And then the reality is that those hospitals in their district are going to be really hurt. So, what I’m trying to do is encourage them to have more deference to the needs of the people they represent than they do to the will of President Trump.” 
    Listen to the episode here: 
    Last week, Senator Welch took to the Senate floor to slam Republicans’ tax bill, which will rip away health care coverage for more than 16 million Americans, including 29,000 Vermonters. The Republican bill will hike health care costs, close rural hospitals, and force millions of middle-class families to lose their coverage altogether, all to pay for tax cuts for the wealthy.  
    Senator Welch also recently joined his colleagues for a spotlight hearing examining Republicans’ efforts to gut the Supplemental Nutrition Assistance Program (SNAP), known as 3Squares in Vermont, which is a critical anti-hunger program that helps more than 41.6 million Americans—including over 65,000 Vermonters—put food on the table.     

    MIL OSI USA News

  • MIL-OSI USA: Rosen-Backed Bill to Support Taiwan at IMF, Counter China Advances Through Senate Committee

    US Senate News:

    Source: United States Senator Jacky Rosen (D-NV)

    Bipartisan Legislation to Strengthen U.S.-Taiwan Ties and Counter the CCP’s Economic Coercion Clears Senate Foreign Relations Committee
    WASHINGTON, DC – U.S. Senator Jacky Rosen (D-NV) announced that bipartisan legislation she helped introduce that supports Taiwan’s participation in the International Monetary Fund (IMF) has advanced through the Senate Foreign Relations Committee and now heads to the Senate floor for consideration. The bipartisan bill aims to bolster the United States’ economic partnership with Taiwan and counter the Chinese Communist Party’s (CCP) efforts to exclude Taiwan from the global marketplace. By advocating for Taiwan’s inclusion in international financial institutions, like the IMF, this bipartisan legislation reinforces the U.S. commitment to democratic allies and pushes back against the CCP’s growing economic coercion.
    “The United States cannot allow the Chinese Communist Party to bully democratic allies like Taiwan out of the global financial system,” said Senator Rosen. “I’m glad to see our bipartisan bill advance in committee, sending a clear message that Taiwan deserves a voice in international institutions like the IMF. The more authoritarians do to try to silence democracies, the louder we must be in our defense of them—and that includes ensuring Taiwan is treated with the respect and recognition it has earned.” 
    Senator Rosen has prioritized strengthening the U.S.–Taiwan partnership and defending Taiwan against growing threats from the Chinese Communist Party. She introduced the bipartisan Taiwan Cybersecurity Resiliency Act to enhance joint cyber defense efforts and led the introduction of the bipartisan TAIWAN Security Act to bolster defense and supply chain cooperation. She has also been a consistent leader in pushing back against authoritarian influence more broadly. 

    MIL OSI USA News

  • MIL-OSI USA: Rosen Condemns Senate Republicans’ Plan to Cut Medicare to Pay for More Tax Breaks for Billionaires

    US Senate News:

    Source: United States Senator Jacky Rosen (D-NV)

    WASHINGTON, DC – Today, U.S. Senator Jacky Rosen (D-NV) released a statement on reports that Senate Republicans are now looking to also cut Medicare in their extreme tax spending bill. This comes in addition to the devastating Medicaid cuts that will cause Nevadans in need – including children – to lose their health insurance just so Republicans can pay for tax cuts for billionaires.
    “Apparently going after programs like Medicaid and SNAP that help children and families in need wasn’t enough for Senate Republicans – they’re now also looking to cut Medicare in their extreme tax spending bill,” said Senator Rosen. “It’s absolutely appalling that Senate Republicans are trying to pay for more tax giveaways for billionaires and big corporations by putting Nevada seniors’ health care on the chopping block. I’m going to fight to stop this extreme proposal with everything I have and protect Medicaid, Medicare, and SNAP benefits.”
    Senator Rosen has been a strong critic of Republicans’ extreme tax spending bill that would cut programs Nevadans rely on and drastically increase the national debt to give more tax breaks to the ultra-wealthy. She invited a Las Vegas teenager and his mom who rely on Medicaid for health care coverage to attend President Trump’s Joint Address to Congress to highlight the devastating impacts of Medicaid cuts. Senator Rosen also joined her Senate colleagues in urging President Donald Trump to reject Congressional Republicans’ legislative plans to increase the cost of living for Americans.

    MIL OSI USA News

  • MIL-OSI: Long Ridge Energy LLC Announces Timing of First Quarter 2025 Earnings Conference Call

    Source: GlobeNewswire (MIL-OSI)

    PDF Version

    HANNIBAL, Ohio, June 09, 2025 (GLOBE NEWSWIRE) — Long Ridge Energy LLC (“LRE”) is announcing its first quarter 2025 investor call for Thursday, June 12, 2025 at 10:00 AM EDT. LRE comprises the electric power and natural gas business of Long Ridge Energy & Power LLC (“LREP”). LREP is a wholly owned portfolio company of FTAI Infrastructure, Inc. (Nasdaq:FIP). In February 2026 LRE completed the incurrence of $1 billion of new debt comprised of $600 million of Senior Secured Notes due 2032 and a $400 million Term Loan B due 2032. The conference call may be accessed by registering via the following link: https://register-conf.media-server.com/register/BI81c49385c26347ea8cb913bb0de3966d. Once registered, participants will receive a dial-in and unique pin to access the call.

    A simultaneous webcast of the conference call will be available to the public on a listen-only basis at https://www.longridgeenergy.com. Please allow extra time prior to the call to visit the site and download the necessary software required to listen to the internet broadcast.

    Long Ridge will post its first quarter 2025 financial statements and an investor presentation to its website prior to the earnings call.

    A replay of the conference call will be available after 12:00 P.M. on Thursday, June 12, 2025, through 12:00 P.M. on Friday, June 20, 2025.

    The information contained on, or accessible through, any websites included in this press release is not incorporated by reference into, and should not be considered a part of, this press release.

    About Long Ridge Energy and Power LLC:

    Long Ridge Energy and Power LLC owns and operates a site consisting of over 1,600 acres along the Ohio River in Southeastern Ohio. Through its subsidiary LRE, LREP operates a 485 MW combined cycle power plant serving the PJM grid and drills and operates natural gas wells in Southeastern Ohio and West Virginia. A large portion of natural gas produced is used in the operation of the power plant. In addition, LREP is developing additional opportunities on its property to site and serve data centers either through the PJM grid or with co-located behind-the-meter power. LREP also uses its Ohio River access to serve businesses needing commodity transloading and storage.

    About FTAI Infrastructure Inc.

    FTAI Infrastructure primarily invests in critical infrastructure with high barriers to entry across the rail, ports and terminals, and power and gas sectors that, on a combined basis, generate strong and stable cash flows with the potential for earnings growth and asset appreciation. FTAI Infrastructure is externally managed by an affiliate of Fortress Investment Group LLC, a leading, diversified global investment firm.

    For further information, please contact:

    Vance E. Powers
    Chief Financial Offer
    Long Ridge Energy and Power LLC
    724-416-5534

    Alan Andreini
    Investor Relations
    FTAI Infrastructure Inc.
    646-734-9414
    aandreini@ftaiaviation.com

    The MIL Network

  • MIL-OSI: Advanced Flower Capital Expands Revolving Credit Facility with $20 Million Additional Commitment from Existing FDIC-Insured Banking Partner

    Source: GlobeNewswire (MIL-OSI)

    WEST PALM BEACH, Fla., June 09, 2025 (GLOBE NEWSWIRE) — Advanced Flower Capital Inc. (Nasdaq: AFCG) (“AFC”) today announced that it has expanded its senior secured revolving credit facility (“Credit Facility”) to $50 million with an additional $20 million commitment from the facility’s Lead Arranger, an FDIC-insured bank with over $75 billion of assets. AFC intends to use availability under the Credit Facility to fund commitments to existing borrowers, originate and participate in commercial loans to cannabis operators in line with its investment strategy, and support working capital and other general corporate purposes. The facility remains expandable to $100 million, subject to lender participation and available borrowing base.

    “This expanded commitment from a long-standing banking partner underscores the strength of our platform and strategy. This facility remains a core component of our financing approach, and we look forward to further strengthening this partnership as we scale our lending capabilities,” said Brandon Hetzel, AFC’s Chief Financial Officer.

    About Advanced Flower Capital Inc.

    Advanced Flower Capital Inc. (Nasdaq: AFCG) is a leading commercial mortgage REIT that provides institutional loans to state law compliant cannabis operators in the U.S. Through the management team’s deep network and significant credit and cannabis expertise, AFC originates, structures and underwrites loans ranging from $10 million to over $100 million, typically secured by quality real estate assets, license value and cash flows. It is based in West Palm Beach, Florida. For additional information regarding the Company, please visit advancedflowercapital.com.

    Forward-Looking Statements

    This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect our current views and projections with respect to, among other things, future events and financial performance. All statements, other than historical facts, are forward-looking statements. Words such as “believes,” “expects,” “will,” “intends,” “plans,” “guidance,” “estimates,” “projects,” “anticipates,” and “future” or similar expressions are intended to identify forward-looking statements. These forward-looking statements regarding the anticipated use of the Credit Facility are subject to the inherent uncertainties in predicting future results and conditions and are not guarantees of future performance, conditions or results. Certain factors, including the ability of our manager to locate suitable loan opportunities for us, monitor and actively manage our loan portfolio, and implement our investment strategy, the demand for cannabis cultivation and processing facilities and dispensaries, management’s current estimates of expected credit losses and current expected credit loss reserves, and other factors, could cause actual results and performance to differ materially from those projected in these forward-looking statements. More information on these risks and other potential factors that could affect our business and financial results is included in AFC’s filings with the SEC, including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of AFC’s most recently filed Annual Report on Form 10-K and subsequent filings. New risks and uncertainties arise over time, and it is not possible to predict those events or how they may affect AFC. We do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Investor Relations Contact

    Robyn Tannenbaum
    561-510-2293
    ir@advancedflowercapital.com

    The MIL Network

  • MIL-OSI Global: Ultra-processed foods are everywhere — and they’re quietly raising health risks

    Source: The Conversation – Canada – By Angelina Baric, PhD Student, Department of Kinesiology, McMaster University

    It’s not exactly news that junk food isn’t healthy.

    What may be surprising is exactly how pervasive ultra-processed foods (UPFs) have become and what harm they’re doing. This includes some foods that are specifically labelled and marketed as having nutritional value.

    We are nutrition researchers, and the authors of a new study that identifies some of the specific negative effects of ultra-processed foods that are readily available, very popular and often hard to resist, especially when people are feeling pressed for time.

    Our research group leads population-based studies that integrate nutrition epidemiology, food policy, and dietary assessment to better understand how modern food environments and dietary patterns influence chronic disease risk.

    While ultra-processed foods include obvious culprits like potato chips, candy and frozen pizza, there are also some that people may believe are good for them, such as packaged granola bars, sports drinks and fruit-filled yogurt. Our study used the Nova classification system to define UPFs, which are industrial formulations made mostly or entirely from substances extracted from foods, derived from food constituents with little if any intact whole food remaining.

    How UPFs harm health

    Our research, based on diet questionnaires and personal medical data that Health Canada and Statistics Canada collected from over 6,000 Canadians, shows that the effects of UPFs can pile up over time, adding to the risk of heart attack, stroke and other serious health issues by raising blood pressure and blood sugar levels, for example.

    Even a person who is thin, active and free from illness might be accumulating risk by consuming UPFs that may seem innocuous or even healthy.

    The ways ultra-processed foods harm our health aren’t just about calories or individual nutrients like salt, sugar and fat, though those aren’t making things better. It’s also in the way they’re made.

    Take that seemingly healthy tub of yogurt. On its own, yogurt is indeed very healthy. The problem is when things like jam-like fruit with preservatives or artificial vanilla flavouring are added. They make yogurt taste better but can push it into unhealthy territory.

    Even after we eliminated the impacts of influences such as the survey respondents’ body mass index, age, exercise and smoking habits, the numbers showed a specific risk that may be related to the additives that give ultra-processed foods longer shelf life, brighter colours and enhanced flavours. For example, we know that the modern diet of highly processed food is associated with distorted hormone levels.

    Some products are so heavily processed that it appears our bodies may not respond to them as they would to more natural foods. UPFs trigger inflammatory responses that suggest the body regards them as stressors, rather than nutrition.

    Substituting UPFs for healthy foods

    We learned from survey respondents that consumers are increasingly using UPFs as substitutes for healthy staples such as vegetables and fruit. This is not surprising when the wrapper on a granola bar proclaims its contents to be a good source of fibre, or a when a sports drink label says it’s a good source of electrolytes, Vitamin D or some other single nutrient.

    Granola bars are often marketed as containing fibre. While the claim may be factual, many granola bars are also high in sugar, fat or salt.
    (Shutterstock)

    While these claims are factual, they don’t represent the entire or even most significant effects of the products inside. For a long time, food policies have been very focused on single nutrients rather than thinking about the totality of our food supply.

    Our complex food supply has come to be heavily influenced by huge multinational companies and their need for sales instead of our need for health, to the point where marketing and packaging have made it challenging to understand exactly what we are eating or drinking.

    That is starting to change. Starting in January 2026, the Canadian government will require food packaging to prominently declare the presence of unhealthy amounts of sodium, sugar and saturated fat.




    Read more:
    Front-of-package food labels: A path to healthier choices


    While that will be a significant and welcome improvement in transparency, it will not change the fact that a loaf of mass-manufactured white bread, a package of bacon or even a tray of muffins may also be harming the people who eat them in ways they have not even considered.

    Setting reduction targets

    Canada’s food guide, produced by Health Canada, only suggests we limit the amount of processed food we eat, but it doesn’t set any clear national target for how much we should cut our consumption. While most other countries also stop short of setting specific limits, France has gone a step further by aiming to cut national consumption of ultra-processed foods by 20 per cent over five years.

    Setting a similar national reduction target in Canada could have a particularly significant, positive effect on people in care homes, hospitals and schools that are required to use Canada’s Food Guide in planning their menus.

    Individual consumers know how easy it is to fall into the habit of eating too many ultra-processed foods. They are hard to resist because they are heavily marketed, usually tasty, reasonably affordable and appear to make life easier by saving time and effort.

    Understanding more about what these appealing products are really doing to people is an important step toward helping consumers make better, more informed choices. We are already working on more research to understand more about what’s really inside those bright shiny packages that keep finding their way into shopping carts.

    Anthea Christoforou receives funding from the Social Sciences and Humanities Research Council of Canada and has previously received funding from the Canadian Institutes of Health Research.

    Angelina Baric does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Ultra-processed foods are everywhere — and they’re quietly raising health risks – https://theconversation.com/ultra-processed-foods-are-everywhere-and-theyre-quietly-raising-health-risks-256419

    MIL OSI – Global Reports

  • MIL-OSI Security: Chinese National Pleads Guilty to Acting at the Direction of North Korea to Export Firearms, Ammo, and Technology to North Korea

    Source: United States Department of Justice Criminal Division

    An illegal alien from China pleaded guilty today to federal criminal charges for illegally exporting firearms, ammunition and other military items to North Korea by concealing them inside shipping containers that departed from the Port of Long Beach, California, and for committing this crime at the direction of North Korean government officials, who wired him approximately $2 million for his efforts.

    Shenghua Wen, 42, of Ontario, California, pleaded guilty to one count of conspiracy to violate the International Emergency Economic Powers Act (IEEPA) and one count of acting as an illegal agent of a foreign government. Wen has been in federal custody since his arrest in December 2024.

    According to his plea agreement, Wen is a citizen of the People’s Republic of China who entered the United States in 2012 on a student visa and remained in the U.S. illegally after his student visa expired in December 2013.

    Prior to entering the United States, Wen met with officials from North Korea’s government at a North Korean embassy in China. These government officials directed Wen to procure goods on behalf of North Korea.

    In 2022, two North Korean government officials contacted Wen through an online messaging platform and instructed him to buy and smuggle firearms and other goods – including sensitive technology – from the United States to North Korea via China.

    In 2023, at the direction of North Korean government officials, Wen shipped at least three containers of firearms out of the Port of Long Beach to China en route to their ultimate destination in North Korea. Wen took steps to conceal that he was illegally shipping firearms to North Korea by, among other things, filing false export information regarding the contents of the containers.

    In May 2023, Wen purchased a firearms business in Houston, paid for with money sent through intermediaries by one of Wen’s North Korean contacts. Wen purchased many of the firearms he sent to North Korea in Texas and drove the firearms from Texas to California, where he arranged for them to be shipped.

    In December 2023, one of Wen’s weapons shipments – which falsely reported to U.S. officials that it contained a refrigerator – left the Port of Long Beach and arrived in Hong Kong in January 2024. This weapons shipment was later transported from Hong Kong to Nampo, North Korea.

    In September 2024, Wen – once again acting at the direction of North Korean officials – bought approximately 60,000 rounds of 9mm ammunition that he intended to ship to North Korea.

    In furtherance of the conspiracy and at the direction of North Korean officials, Wen also obtained sensitive technology that he intended to send to North Korea. This technology included a chemical threat identification device and a handheld broadband receiver that detects known, unknown, illegal, disruptive or interfering transmissions.

    Wen also acquired or offered to acquire a civilian airplane engine and a thermal imaging system that could be mounted on a drone, helicopter, or other aircraft, and could be used for reconnaissance and target identification.

    During the scheme, North Korean officials wired approximately $2 million to Wen to procure firearms and other goods for their government.

    Wen admitted that at all relevant times he knew that it was illegal to ship firearms, ammunition, and sensitive technology to North Korea. He also admitted to never having the required licenses to export ammunition, firearms, and the above-described devices to North Korea. He further admitted to acting at the direction of North Korean government officials and that he had not provided notification to the Attorney General of the United States that he was acting in the United States at the direction and control of North Korea as required by law.

    Wen faces a maximum penalty of 20 years in prison on the count of violating the IEEPA and a maximum penalty of 10 years in prison on the count of acting as an illegal agent of a foreign government. Sentencing is scheduled for Aug. 18. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Assistant Attorney General for National Security John Eisenberg, U.S. Attorney Bilal A. Essayli for the Central District of California, and Assistant Director Roman Rozhavsky of the FBI Counterintelligence Division made the announcement.

    The FBI, Homeland Security Investigations, Defense Criminal Investigative Service (DCIS), the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), and the Department of Commerce Bureau of Industry and Security (BIS) are investigating the case.

    Assistant U.S. Attorney Sarah E. Gerdes for the Central District of California and Trial Attorney Ahmed Almudallal of the National Security Division’s Counterintelligence and Export Control Section are prosecuting the case.

    MIL Security OSI