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  • MIL-OSI: gStore by GreyOrange Unveils SoftFence – Next-Generation Virtual Shielding for RFID-Driven Retail Operations

    Source: GlobeNewswire (MIL-OSI)

    GreyOrange’s gStore, a B2B SaaS real-time inventory management and store execution platform, further optimizes store performance with new smart algorithm-driven technology, SoftFence, to precisely control RFID read zones

    ATLANTA, Oct. 09, 2024 (GLOBE NEWSWIRE) — GreyOrange Inc., a global leader in AI-driven technology, introduces SoftFence, a groundbreaking virtual shielding technology from its renowned, state-of-the-art retail software as a service (SaaS) platform, gStore. Designed to enhance store execution through real-time inventory management and intelligent tasking, gStore is already trusted for implementing over 250 overhead RFID-enabled stores, which is a global first.

    “gStore’s SoftFence introduces virtual zoning capabilities for retailers, which is a step towards comprehending their portfolio for implementing handheld-only stores,” said Troy Siwek, gStore General Manager, GreyOrange. “SoftFence builds on gStore’s cutting-edge capabilities by incorporating selective reading, signal manipulation, and dynamic control to ensure data security and precise inventory accuracy by creating distinct store sections – including backroom vs. sales floor – without any physical barriers.”

    This smart algorithm-driven technology prevents RFID signal leakage and allows only authorized RFID readers to access tag information, preventing unauthorized scans by manipulating signal strength and timing, allowing retailers to further optimize omnichannel fulfillment and streamline operations. SoftFence also supports real-time adjustments based on store needs, offering unmatched flexibility.

    Moreover, SoftFence can integrate with existing systems, enabling seamless implementation without additional hardware investments. SoftFence uses advanced machine learning algorithms to analyze RFID signals, improving stocktake accuracy and reducing read errors. As a cost-effective solution, it optimizes sub-location data, aiding efficient restocking and enhancing store operations.

    SoftFence is the next evolution in gStore’s mission to empower retailers with comprehensive, easily deployable solutions that elevate store performance, improve customer experiences, and simplify operations.

    Learn more by visiting gstore.greyorange.com.

    About gStore by GreyOrange
    gStore by GreyOrange is a state-of-the-art, easily deployable retail SaaS application designed to enhance store execution through real-time inventory management and actionable insights. The platform empowers retailers to maintain precise inventory control, enables intelligent tasking, streamlines store operations, manages omnichannel order fulfillment and elevates customer experiences with smart technologies.

    About GreyOrange
    GreyOrange Inc. is at the forefront of AI-driven robotics systems, transforming distribution and fulfillment centers worldwide. Its emphasis on orchestration, innovation, and customer satisfaction marks a new era in efficient, responsive supply chain solutions. The company’s solutions offer a competitive advantage by increasing productivity, empowering growth and scale, mitigating labor challenges, reducing risk and time to market, and creating better experiences for customers and employees. Founded in 2012, GreyOrange is headquartered in Atlanta, Georgia, with offices and partners across the Americas, Europe, and Asia. For more information, visit http://www.greyorange.com.

    Media Contact
    Leah R H Robinson, APR
    LeadCoverage
    leah@leadcoverage.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b1b96b34-e38d-496a-8763-0db07676c4d3

    The MIL Network –

  • MIL-OSI: Commercial insurance market projects stability as rates moderate across most lines of business

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Oct. 09, 2024 (GLOBE NEWSWIRE) — According to the latest Insurance Marketplace Realities report from WTW (Willis Towers Watson, NASDAQ: WTW), a leading global advisory, broking and solutions company, commercial insurance rates have demonstrated balance and stability throughout the year across North America. Jon Drummond, Head of Broking, North America, WTW, commented, “The industry has not categorically rewritten its position on any one line of business, but rather has taken micro-actions reacting to emerging trends.”

    WTW reports that new capital in both the reinsurance and retail marketplace has led to increased competition for premium market share, excluding umbrella and excess liability. This trend has played out across the industry, which is particularly meaningful in 1st party business where capacity was a challenge at the outset of 2024.

    Capacity remains a driving force in delivering soft market conditions for financial lines. While WTW advises that it may be premature to call it a trend, there appears to be mounting focus on rate adequacy in mid-excess Directors & Officers Liability. In addition, the Cyber market projects flat to mid-single digit rate decreases across most renewals in the near term.

    In casualty, Umbrella & Excess liability has seen the most amount of disruption. Loss costs continue to rise due to factors including legal system abuse, litigation financing, and the growth of concerns such as forever chemicals, to which the insurance market has responded by reducing lines of capacity available to insureds and pushing renewal rates past high single-digit.

    WTW’s Marketplace Realities report concludes that while the industry is facing evolutionary change across many lines of business – e.g. climate change, nuclear verdicts, new capital entrants, etc. – the market should deliver relatively stable renewal conditions across most lines of business as the year comes to a close.

    Drummond added, “It goes without saying that the current state of affairs might only be one major hurricane away from being upended, and with Milton knocking on the door, the probability of disruption is growing.”

    Key Price Predictions for 2024

    Property
    CAT-exposed -5% to +10%
    Non-CAT exposed -5% to +5%
    Domestic casualty
    General liability +2% to +8%
    Umbrella (high hazard) +8% to +15%
    Excess (high hazard) +10% +
    Excess (low hazard) +2% to +7%
    Workers’ compensation -5% to +2%
    Auto +4% to +10%
    International Flat
    Executive risks
    Directors’ and officers’ public company (primary) -10% to Flat
    Directors’ and officers’ private / not-for-profit (overall) -10% to Flat
    Side A / DIC -10% to Flat
    Errors and omissions (large law firms) +2% to +8%
    Employment practices liability (primary) -5% to +5%
    Fiduciary (financial institutions) -5% to +5%
    Cyber
    Cyber -5% to Flat
    Political risk
    Most risks Flat to +20%
    Terrorism and political violence
    Terrorism and sabotage Flat to +10%        Non-volatile territories
    +10% to +25%     Volatile territories
    Political violence Flat to +15%        Non-volatile territories
    +15% to +30%     Volatile territories
       

    About WTW

    At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.

    Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you. Learn more at wtwco.com.

    Media Contacts

    Douglas Menelly, Public Relations Lead, North America
    Douglas.Menelly@wtwco.com | +1 (516) 972 0380

    Arnelle Sullivan, Public Relations Associate, North America
    Arnelle.Sullivan@wtwco.com | +1 (718) 208-0474

    The MIL Network –

  • MIL-OSI: Native USDC on Sui – available through NAVI Protocol

    Source: GlobeNewswire (MIL-OSI)

    PANAMA CITY, Panama, Oct. 09, 2024 (GLOBE NEWSWIRE) — At the recent Token2049 event, the Sui Foundation made a significant announcement regarding the imminent support for native USDC on the Sui network.

    Currently, NAVI stands as the top DeFi protocol on Sui, with $120M in USDC liquidity. This constitutes the 3rd largest USDC supply in the industry, next to Aave and Compound. As the inaugural liquidity protocol on Sui, NAVI will integrate Circle’s native USDC asset on DAY 1.

    As more blockchain networks adopt USDC, with Sui being the latest addition, the role of permissionless composability—one of the fundamental principles of Web3—becomes increasingly important. This principle has fueled the rapid expansion of new applications and blockchain networks by leveraging existing open technologies.

    The integration of Circle’s USDC stablecoin directly into the Sui network enhances capital efficiency and improves the user experience across several dimensions.

    This milestone strengthens Sui’s standing in the blockchain industry, and NAVI will fully support native USDC by offering a suite of migration features and a capital-efficient native USDC Liquidity Pool.

    Native vs Bridged USDC on Sui

    Native USDC offers distinct advantages compared to bridged USDC (wUSDC). Native issuance guarantees that the asset is fully reserved and can always be redeemed 1:1 for US dollars. This adds a layer of trust for developers and users alike, who can rely on the integrity of the underlying asset.

    The introduction of native USDC to the Sui network simplifies transaction processes and enhances liquidity within the ecosystem. Users will now have the ability to access USDC directly on Sui, which streamlines workflows and increases overall value for participants.

    Moreover, with the adoption of Cross-Chain Transfer Protocol (CCTP), users can eliminate delays typically associated with bridge withdrawals, thereby establishing a new standard for blockchain efficiency.

    Native USDC available on NAVI

    In its pursuit to provide the highest level of asset composability on the Sui network, the NAVI Protocol will fully integrate native USDC as a lending and borrowing liquidity pool. As part of a broader ecosystem initiative, NAVI aims to incentivize users to transition away from bridged USDC and adopt native USDC entirely.

    To facilitate this shift, NAVI will introduce several in-application features designed to streamline the transition, including native USDC liquidity support, flash loan capabilities, and other functionalities. A comprehensive migration plan will be shared in the coming days, outlining the steps necessary for a seamless transition.

    This complete migration is poised to significantly enhance the user experience and promote wider adoption of the Sui ecosystem.

    Conclusion

    The introduction of native USDC on Sui represents a substantial upgrade over the bridged version, offering enhanced functionality and a superior user experience.

    NAVI Protocol is committed to delivering the best possible experience for lending and borrowing, which includes the integration of native USDC, fully backed by US dollars and redeemable on a 1:1 basis. The upcoming migration plan is expected to accelerate the adoption of native USDC, thereby contributing to the growth and improvement of the Sui DeFi ecosystem.

    Contact:
    Ivan Djordjevic
    team@naviprotocol.io

    Disclaimer: This content is provided by NAVI PROTOCOL . The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/f126000c-76f8-4fbd-a4ac-f9de36f15d97
    https://www.globenewswire.com/NewsRoom/AttachmentNg/d9a86eb7-2ead-49b4-ad52-5f892afac5d7

    The MIL Network –

  • MIL-OSI: Athli App Launches “Body Temple” by Linn Lowes: A New Fitness Program Designed to Push Your Limits

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, Oct. 09, 2024 (GLOBE NEWSWIRE) — In celebration of her birthday, celebrity trainer Linn Lowes is launching her latest fitness program, Body Temple – Not Your Typical Gym-program, exclusively on the Athli App. This new six-week challenge offers a dynamic, gym-based regimen that’s crafted to take users out of their comfort zones and deliver serious results.

    Available starting October 6, Body Temple offers a balanced mix of classic weightlifting routines and high-intensity interval training (HIIT) sessions to help users build strength, increase endurance, and sculpt their bodies. The program runs four days a week, ensuring participants stay engaged while accommodating the physical recovery time that fuels true progress.

    “This plan is all about breaking through barriers,” says Linn Lowes, founder of Athli and lead trainer. “It’s not about staying comfortable; it’s about pushing yourself beyond what you thought possible. Whether you’re looking to build lean muscle, target glutes, or boost overall fitness, Body Temple will keep your body guessing and growing.”

    The first week offers a sneak peek into what participants can expect:

    • Day 1: Shake It Off – Up Tempo Lifting
    • Day 2: Golden Glutes – Lower Body with Glute Focus
    • Day 3: Rest
    • Day 4: Build Your Beast – Upper Body
    • Day 5: Endurance Energy – Up Tempo Lifting
    • Day 6 & 7: Rest

    This program marks another significant step in Athli’s mission to provide empowering fitness programs for women. Athli, owned by Appex Group Inc., continues to grow its offerings, expanding the app’s diverse training options that help users stay motivated and achieve their health goals.

    “We’re excited to introduce Body Temple to our Athli community,” said Karetha Strand, CEO of Appex. “This program reflects our commitment to delivering high-impact fitness experiences. Linn’s unique approach aligns perfectly with our mission of helping users push past their limits to achieve personal strength and growth.”

    With Body Temple, Athli aims to provide users with the tools to feel empowered and accomplished, no matter where they are in their fitness journey. The launch of this program underscores Athli’s continued commitment to elevating the fitness experience for women.

    About Athli:

    Athli is a women’s fitness app owned by Appex Group Inc. and founded by celebrity trainer Linn Lowes. The app offers a comprehensive suite of features, including gym and home workout plans, pregnancy programs, step tracking, nutrition guidance, and more. Athli is designed to be a complete fitness solution for women, helping users achieve their health and fitness goals with ease.

    For more information about Athli and the new Body Temple program, visit https://www.athli.store/.

    To download the Athli App on iOS, visit https://apps.apple.com/us/app/athli-female-fitness-coach/id1546738786.

    Media Contact:

    Kerri Walsh
    press@joinappex.com   
    +1 (617) 209-9498

    The MIL Network –

  • MIL-OSI: Virginia529 Rebrands as Invest529 and Commonwealth Savers to Reflect Expanded Mission

    Source: GlobeNewswire (MIL-OSI)

    Richmond, Va., Oct. 09, 2024 (GLOBE NEWSWIRE) — Virginia529, one of the nation’s largest and most highly rated education savings programs, is rebranding its flagship education savings plan as Invest529 and rebranding the organization as Commonwealth Savers. This rebrand reflects an expanded mission that has grown beyond tax-advantaged savings options for education, to include disability and retirement, positioning the organization as a national leader in comprehensive financial wellness.

    In addition to Invest529, Commonwealth Savers (formerly Virginia529) oversees ABLEnow one of the country’s largest savings programs for individuals with disabilities, and RetirePath Virginia, a retirement savings program. Both ABLEnow and Invest529 are available to individuals nationwide. Commonwealth Savers also manages SOAR Virginia, a statewide initiative that aims to make post-high school education more affordable and accessible to all.

    While Invest529 long has been the name of the organization’s education savings program, in Virginia, the name Virginia529 has long been synonymous with education savings, largely due to the popularity of the organization’s legacy college savings program, Prepaid529. This rebrand helps clarify that while Commonwealth Savers continues to provide the same trusted education savings options, its mission has expanded to include additional savings opportunities beyond education.

    “As we change our name and expand our offerings, some things will never change. We remain dedicated to empowering savers to be capable, confident, and in control of their future,” said Mary Morris, CEO of Commonwealth Savers. “Our commitment to providing great service to every customer remains at the core of what we do. Our new name reflects our expanded mission and means we now offer even more accessible, affordable, and tax-advantaged ways to save for life’s important milestones—from education to disability and retirement savings.”

    The new Invest529 and Commonwealth Savers brands will soon appear across the organization’s website and materials, representing a seamless transition into the future of financial wellness. The organization remains focused on helping families nationwide secure a strong financial foundation, regardless of where they are on their savings journey.

    About Commonwealth Savers

    Commonwealth Savers, formerly Virginia529, is a financial organization that helps individuals and families achieve financial wellness through a variety of tax-advantaged savings programs. With over $100+ billion in assets under management and 3+ million accounts, Commonwealth Savers is the nationwide leader in 529 education savings programs. The organization manages Invest529, a flexible, affordable education savings program, and CollegeAmerica®, the largest advisor-sold 529 plan in the nation. Through SOAR Virginia®, the organization administers a variety of scholarship and access, affordability, and attainment initiatives to foster inclusion in educational access and make postsecondary education more affordable and accessible to all. Commonwealth Savers also administers ABLEnow, a national savings program for individuals with disabilities, and ABLEAmerica, an advisor-sold disability savings option. Its newest program offering, RetirePath Virginia, helps workers across the Commonwealth save for retirement. For more information on Commonwealth Savers’ savings options, visit Commonwealthsavers.com or call 1-855-4SAVEVA. All investments are subject to risk, and prospective participants are encouraged to consult with financial professionals. For non-Virginia residents, consider whether your home state offers benefits specific to its own savings programs. ©2024 Commonwealth Savers Plan. All Rights Reserved.

    The MIL Network –

  • MIL-OSI Security: Defense News: Success is blue-green | VMFA-211 facilitates USS Tripoli Aviation Certification

    Source: United States Navy

    PACIFIC OCEAN — Marine Fighter Attack Squadron (VMFA) 211 deployed with the 13th Marine Expeditionary Unit (MEU) aboard the Essex Amphibious Ready Group in 2018, marking the first combat deployment of the F-35B Lightning II. This deployment demonstrated the effectiveness of amphibious forces when the Marine Corps’ fifth generation fighter capabilities were integrated aboard the Navy’s amphibious assault ships.

    Since returning from the first F-35B deployment in 2019, VMFA-211 has continued to play a crucial role in refining tactics and expanding the Navy-Marine Corps team’s ability to project power. In 2024, VMFA-211 completed a series of exercises with the America-class amphibious assault ship USS Tripoli (LHA 7) which enhanced both units’ readiness and interoperability.

    From April 9-11, 2024, U.S. Marines and Sailors of VMFA-211 partnered with the Tripoli to conduct three days of training in Yuma, Arizona, as part of the aviation certification (AVCERT) syllabus. The AVCERT ensures that flight deck crews can safely launch and recover aircraft and are prepared to handle emergencies on the flight deck.

    Flight deck crew received classes about the F-35B, and ground instruction from senior Landing Signal Officers, pilots who specialize in guiding aircraft to safe and expeditious landings aboard ship. Tripoli flight deck crews launched F-35Bs from the simulated deck of an amphibious assault ship at the Barry M. Goldwater Air Force Range while VMFA-211 pilots rehearsed procedures for carrier landings.

    Three months later, VMFA-211, alongside tilt-rotor and rotary wing squadrons from 3rd MAW, landed F-35B aircraft aboard the Tripoli during day and night operations, July 14-18, culminating in the ship’s successful AVCERT.

    “This training gives us an opportunity to get to know each other and how we operate together on the flight deck,” said U.S. Navy Aviation Boatswain’s Mate 2nd Class Lawrence Pivec, a member of the Tripoli air department’s V-1 division, responsible for moving aircraft on the flight deck. “We get out here and fly together as much as possible, so we are ready when the call comes.”

    Training at-sea enhanced readiness for both the Tripoli and 3rd MAW squadrons. During the AVCERT process, 3rd MAW pilots gained or refreshed flight deck landing qualifications. Two VMFA-211 pilots achieved the day and night carrier qualification. VMFA-211 progressed a pilot from basic to advanced LSO— a role critical for future deployments – and made progress toward creating an additional basic LSO. LSOs help coordinate the complex flight deck environment and are essential for safety during high-tempo amphibious operations. 

    “The flight deck is very dynamic and can be a dangerous place, so it is imperative that we ensure the personnel on the deck are trained and qualified to safely operate around the aircraft,” said Maj. Courtenay Franklin, an F-35B pilot and aviation safety officer with VMFA-211.

    From Sept. 30 to Oct. 4, VMFA-211 conducted training aboard the Tripoli once more, recertifying the flight deck.

    The F-35B Lightning II, known for its short takeoff and vertical landing capabilities, is uniquely suited for operations from amphibious assault ships such as the Tripoli.

    “It is important to have a joint understanding of the standard procedures that go into landing aboard a ship and ship operations,” said Capt. Leland Raymond, an F-35B pilot with VMFA-211. “Having this experience on the LHA [landing helicopter assault class] will translate to any other ship we go on and allows us to practice those standard procedures. It translates across the Navy.”

    The multi-role, stealth capabilities of the F-35B when paired with the capabilities of the U.S. Navy’s largest amphibious warfare ships, like the Tripoli, offers unmatched operational flexibility, from close air support and interdiction to intelligence, surveillance, and reconnaissance missions.

    Third MAW’s F-35B squadrons routinely deploy aboard amphibious assault ships as the aviation combat element of Marine Expeditionary Units to the Indo-Pacific region in support of combatant commander requirements. The mutually beneficial training between VMFA-211 and the Tripoli is a testament to each unit’s commitment to interoperability and readiness to deploy at any moment.

    “This is building confidence in our Navy-Marine Corps team,” Raymond said.” We are all aligned in our goals for successful future deployments.”

    MIL Security OSI –

  • MIL-OSI Security: Marystown — Update: Third man arrested and charged by Burin Peninsula RCMP following commercial break and enter in Fortune

    Source: Royal Canadian Mounted Police

    A third individual, 32-year-old Leon Smith, who was recently arrested by Burin Peninsula RCMP on a warrant, is now charged in relation to a break, enter and theft that occurred at Colin’s Convenience Store in Fortune on October 2, 2024.

    At approximately 2:00 a.m. on October 2, Burin Peninsula RCMP responded to the reported break and enter and confirmed that three masked men entered the store and took an ATM, along with other property, and departed in a vehicle.

    Two of the suspects, Joseph and David Strickland, were located and arrested later that day and were charged with a number of offences.

    Leon Smith was arrested on Sunday, October 6, 2024. In relation to this break and enter, he is charged with the following criminal offences:

    • Break and enter
    • Mischief under $5000.00
    • Theft over $5000.00
    • Theft under $5000.00
    • Disguise with intent
    • Conspiracy to commit an indicatable offence
    • Failing to comply with a probation order – two counts

    Smith is also charged with a number of other offences stemming from unrelated incidents. He remains in custody at this time and will appear in court today for a bail hearing.

    RCMP NL continues to fulfill its mandate to protect public safety, enforce the law, and ensure the delivery of priority policing services in Newfoundland and Labrador.

    Background:

    https://www.rcmp-grc.gc.ca/en/news/2024/burin-peninsula-rcmp-arrests-two-individuals-commercial-break-and-enter-fortune

    MIL Security OSI –

  • MIL-OSI United Kingdom: Labour are failing to honour education funding increase promise

    Source: Party of Wales

    “The Welsh Labour Government appear more bothered in appeasing party politics than seeking what’s best for Wales” – Cefin Campbell MS

    Plaid Cymru will today (Wednesday 9 October 2024) call on Labour to honour their commitments to increase funding to education, and to tackle the wider challenges facing the sector.

    Labour pledged additional funding for education in their 2024 General Election manifesto – a promise they’ve failed to deliver, says Plaid Cymru.

    A NAHT report has found that schools in Wales are facing a “harrowing funding crisis”, with a 6% cut in spending per pupil.

    Under Labour, funding constraints facing the education sector have exacerbated the lowest PISA scores in the UK and a recruitment and retention crisis.

    Plaid Cymru’s education spokesperson, Cefin Campbell MS has said that the Labour Welsh Government is “tired and out of ideas” to fix the education system, evading accountability

    Plaid Cymru spokesperson for Education, Cefin Campbell MS said:

    “Under Labour, education standards have fallen, schools are struggling financially, targets to recruit secondary teachers have been missed for nearly a decade, and pupils are simply not learning the basics required for them to succeed.

    “Yet instead of taking swift action to address these issues, Labour shy away from accountability and even fail to implement quick fixes to improve literacy levels.

    “Despite the promise of two Labour governments working together for Wales’ benefit, the Welsh Labour Government appear more bothered in appeasing party politics and blaming local authorities for their failures than seeking what’s best for Wales. So far, they’re failing to deliver on their promises to increase funding to education.

    Mr Campbell continued,

    “It’s clear that after 25 years in power, the Labour Welsh Government is tired and out of ideas when it comes to fixing the education system that they themselves broke.

    “Plaid Cymru won’t ever shy away from standing up for Wales’ best interests and demanding a fair funding model to invest in children’s education.

    “We’re clear that we need to get to grips with the recruitment and retention crisis in our schools by tackling workload pressures; to take immediate steps to update Welsh Government literacy guidance; and to simply fund schools properly through securing fair funding from Westminster. Wales needs a fresh start – and that’s what Plaid Cymru offers.”

    MIL OSI United Kingdom –

  • MIL-OSI: Publication of a Prospectus and Relevant Related Party Transaction

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION, INCLUDING IN THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA.

    THIS ANNOUNCEMENT IS AN ADVERTISEMENT AND NOT A PROSPECTUS.

    HARGREAVE HALE AIM VCT PLC

    LEI: 213800LRYA19A69SIT31 

    9 October 2024

    Publication of a Prospectus and Relevant Related Party Transaction

    Offer for Subscription

    Further to the announcement on 18 September 2024, the Board of Hargreave Hale AIM VCT plc (the “Company“) is pleased to announce that the Company has today published a prospectus (the “Prospectus“) in relation to an offer for subscription under which the Company is seeking to raise up to £20 million (the “Offer“).

    The Offer is now open and will close at 12.00 p.m. on 12 August 2025 (unless fully subscribed by an earlier date or closed at the Directors’ discretion). Persons intending to apply for ordinary shares under the Offer for the 2024/25 tax year should note that the deadline for such applications is 5.00 p.m. on 21 March 2025.

    Persons wishing to participate in the Offer must complete an Electronic Application Form (available at http://www.hargreaveaimvcts.co.uk) accompanied by electronic payment and follow the instructions given. The Board is of the view that the Electronic Application Form is the most efficient and cost-effective way for investors to participate in the Offer.

    Early Bird Discount

    Canaccord Genuity Asset Management Limited (“CGAM“) will offer an “early bird discount” of up to 2 per cent. on the initial fee for those applications received by CGAM by 5.00 p.m. on Friday, 29 November 2024, subject to a maximum aggregate subscription under the “early bird offer” of £10 million. The 2 per cent. discount (to the standard 3.5 per cent. initial fee) will only apply to applications which do not trigger the payment of introductory commission to a Financial Intermediary. In such cases, the available discount will fall to 1 per cent. Discounts are paid through the allotment of additional Offer Shares to the Investor. CGAM reserves the right to vary the terms of the “early bird offer”, including to revoke such offer, at any time and in its sole discretion.

    Relevant Related Party Transaction

    As part of the Offer, the Company has entered into an offer agreement with CGAM, dated 9 October 2024 (the “Offer Agreement“). Under the Offer Agreement, CGAM has agreed to administer the Offer, act as receiving agent to the Company in relation to the Offer and to use its reasonable endeavours to procure subscribers for shares in the Company. As consideration for the services to be provided under the Offer Agreement, the Company shall pay CGAM a fee of 3.5 per cent. of the gross proceeds of the Offer. Out of this fee, CGAM shall pay all costs and expenses of and incidental to the Offer and the preparation of the Prospectus.

    The investment manager of the Company is CGAM. Under the Listing Rules of the FCA, a related party of a closed-ended investment fund includes the investment manager of the fund. As such, the arrangement under the Offer Agreement constitutes a relevant related party transaction as defined in UKLR 11.5.4R. The Board considers the arrangement under the Offer Agreement to be fair and reasonable as far as the shareholders of the Company are concerned having been so advised by the Company’s sponsor, Howard Kennedy Corporate Services LLP.

    The Prospectus is available to download from the Company’s website, http://www.hargreaveaimvcts.co.uk, subject to certain access restrictions. The Prospectus will also shortly be available for inspection at the National Storage Mechanism, https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

    All capitalised terms used and not defined in this announcement shall have the same meaning as in the Prospectus.

    For further information please contact:

    Oliver Bedford, Canaccord Genuity Asset Management Limited

    Tel: 020 7523 4837

    Important Information

    This announcement is an advertisement for the purposes of the Prospectus Regulation Rules of the UK Financial Conduct Authority (“FCA“) and is not a prospectus. This announcement does not constitute or form part of, and should not be construed as, an offer for sale or subscription of, or solicitation of any offer to subscribe for or to acquire, any ordinary shares in the Company in any jurisdiction, including in or into Australia, Canada, Japan, the Republic of South Africa, the United States or any member state of the EEA (other than any member state of the EEA where the Company’s securities may be lawfully marketed). Investors should not subscribe for or purchase any ordinary shares referred to in this announcement except on the basis of information in the Prospectus in its final form, published today by the Company in connection with the Offer and the proposed admission of new ordinary shares to the Official List of the FCA and to trading on London Stock Exchange plc’s main market for listed securities. A copy of the Prospectus is available for inspection, subject to certain access restrictions, from the Company’s registered office, for viewing at the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company’s website (http://www.hargreaveaimvcts.co.uk). Approval of the Prospectus by the FCA should not be understood as an endorsement of the securities that are the subject of the Prospectus. Potential investors are recommended to read the Prospectus before making an investment decision in order to fully understand the potential risks and rewards associated with a decision to invest in the Company’s securities.

    The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. This announcement does not constitute, and may not be construed as, an offer to sell, or the solicitation of an offer to acquire or subscribe for, securities of the Company in any jurisdiction where such offer or solicitation is unlawful or would impose any unfulfilled registration, qualification, publication or approval requirements on the Company or Howard Kennedy Corporate Services LLP. The offer and sale of securities of the Company has not been and will not be registered under the applicable securities laws of Australia, Canada, Japan, the Republic of South Africa or the United States. Subject to certain exemptions, the securities of the Company may not be offered to or sold within Australia, Canada, Japan, the Republic of South Africa, the United States or any member state of the EEA or to any national, resident or citizen of Australia, Canada, Japan, the Republic of South Africa, the United States, or any member state of the EEA.

    This announcement is not for publication or distribution, directly or indirectly, in or into the United States of America. This announcement is not an offer of securities for sale into the United States. The securities of the Company have not been and will not be registered under the US Securities Act of 1933, as amended, and may not be offered or sold in the United States or to any national, resident or citizen of the United States. No public offering of securities is being made in the United States. In addition, the Company has not been and will not be registered under the US Investment Company Act of 1940, as amended.

    The information in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. The material contained in this announcement is given as at the date of its publication (unless otherwise marked) and is subject to updating, revision and amendment. In particular, any proposals referred to herein are subject to revision and amendment.

    This announcement does not constitute a recommendation concerning the Company or the Offer. The price and value of securities and any income from them can go down as well as up. Past performance is not a guide to future performance and prospective investors may not receive any return from the Company. Before purchasing any securities of the Company, persons viewing this announcement should ensure that they fully understand and accept the risks set out in the Prospectus. Information in this announcement or any of the documents relating to the Company or the Offer cannot be relied upon as a guide to future performance. Potential investors should consult a professional adviser as to the suitability of the Offer for them.

    Howard Kennedy Corporate Services LLP, which is authorised and regulated by the FCA, is acting only for the Company in connection with the matters described in this announcement and is not acting for or advising any other person, or treating any other person as its client, in relation thereto and will not be responsible for providing the regulatory protection afforded to clients of Howard Kennedy Corporate Services LLP or advice to any other person in relation to the matters contained herein.

    Neither Howard Kennedy Corporate Services LLP, the Company, or any of their respective parents or subsidiary undertakings, or the subsidiary undertakings of any such parent undertakings, or any of such person’s respective directors, partners, officers, employees, agents, affiliates or advisers or any other person (“their respective affiliates”) accepts (save where required by law) any responsibility or liability whatsoever for/or makes any representation or warranty, express or implied, as to this announcement, including the truth, accuracy or completeness of the information in this announcement (or whether any information has been omitted from the announcement) or any other information relating to the Company, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith.

    The MIL Network –

  • MIL-OSI: Live Oak Bancshares, Inc. Announces Date of Third Quarter 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    WILMINGTON, N.C., Oct. 09, 2024 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (“Live Oak”) (NYSE: LOB) today announced that it will report its third quarter 2024 financial results after U.S. financial markets close on Wednesday, October 23, 2024.

    In conjunction with this announcement, Live Oak will host a conference call to discuss the company’s financial results and business outlook on Thursday, October 24, 2024, at 9:00 a.m. ET.

    The call will be accessible by telephone and webcast using Conference ID: 04478. A supplementary slide presentation will be posted to the website prior to the event, and a replay will be available for 12 months following the event.

    The conference call details are as follows:

    Live Telephone Dial-In
    U.S.: 800.549.8228
    International: +1 646.564.2877
    Pass Code: None Required

    Live Webcast Log-In
    Webcast Link: investor.liveoakbank.com
    Registration: Name and Email Required
    Multi-Factor Code: Provided After Registration

    About Live Oak Bancshares
    Live Oak Bancshares, Inc. (NYSE: LOB) is a financial holding company and parent company of Live Oak Bank. Live Oak Bancshares and its subsidiaries partner with businesses that share a groundbreaking focus on service and technology to redefine banking. To learn more, visit http://www.liveoakbank.com. 

    Contacts:
    Walter J. Phifer | CFO
    910.202.6929

    Claire Parker | Investor Relations
    910.597.1592

    The MIL Network –

  • MIL-OSI: Music Licensing, Inc. (OTC: SONG) Continues Uninterrupted Operations Amid Hurricane Milton Impact

    Source: GlobeNewswire (MIL-OSI)

    Naples, FL , Oct. 09, 2024 (GLOBE NEWSWIRE) — Music Licensing, Inc. (OTC: SONG), a leading diversified music rights management company, announces the temporary closure of its Naples, Florida office due to the impact of Hurricane Milton. While the office remains closed to ensure the safety of staff and comply with local evacuation orders, the company confirms that operations remain fully functional, with no disruption to services.

    In preparation for potential emergencies, Music Licensing, Inc. has long maintained robust contingency plans, including remote work capabilities and redundant systems, which have allowed us to transition seamlessly during this time. Our team continues to manage operations remotely, ensuring that all clients, partners, and stakeholders continue to receive the highest level of service without interruption.

    “Our thoughts are with everyone affected by Hurricane Milton,” said Jake P. Noch, CEO of Music Licensing, Inc. “We have implemented our business continuity protocols to maintain the operational integrity of our services and ensure that our clients experience no lapse in the quality of support they rely on. The safety of our team and community remains a priority, and we are committed to staying fully operational during this challenging time.”

    Music Licensing, Inc. appreciates the understanding and support of its partners and clients during this temporary disruption. The company will continue to monitor the situation and provide updates as needed.

    About Music Licensing, Inc. (OTC: SONG) (ProMusicRights.com)

    Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is a diversified holding company and the fifth public performance rights organization (PRO) formed in the United States. Its licensees include notable companies such as TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and many others. Pro Music Rights holds an estimated market share of 7.4% in the United States, representing over 2,500,000 works by notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBagg Yo, Larry June, Trae Pound, Sauce Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Trauma Tone, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Chingy, Lil Gnar, 3OhBlack, Curren$y, Fall Out Boy, Money Man, Dej Loaf, Lil Uzi Vert, and countless others, as well as artificial intelligence (A.I.) created music.

    Additionally, Music Licensing, Inc. (OTC: SONG) owns royalty stakes in Listerine “Mouthwash” Antiseptic and musical works by artists such as The Weeknd, Justin Bieber, Kanye West, Elton John, Mike Posner, blackbear, Lil Nas X, Lil Yachty, DaBaby, Stunna 4 Vegas, Miley Cyrus, Lil Wayne, XXXTentacion, Jeremih, Ty Dolla $ign, Eric Bellinger, Ne-Yo, MoneyBagg Yo, Halsey, Desiigner, DaniLeigh, Rihanna, and numerous others.

    Forward-Looking Statements:

    This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Music Licensing, Inc. & Pro Music Rights, Inc. to accomplish its stated plan of business. Music Licensing, Inc. & Pro Music Rights, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Pro Music Rights, Inc., Music Licensing, Inc., or any other person.

    Non-Legal Advice Disclosure:

    This press release does not constitute legal advice, and readers are advised to seek legal counsel for any legal matters or questions related to the content herein.

    Non-Investment Advice Disclosure:

    This communication is intended solely for informational purposes and does not in any way imply or constitute a recommendation or solicitation for the purchase or sale of any securities, commodities, bonds, options, derivatives, or any other investment products. Any decisions related to investments should be made after thorough research and consultation with a qualified financial advisor or professional. We assume no liability for any actions taken or not taken based on the information provided in this communication.

    Contact: investors@ProMusicRights.com

    SOURCE: Music Licensing, Inc

    The MIL Network –

  • MIL-OSI: Caldwell U.S. Dividend Advantage Fund Declares Distributions for Q4 2024

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES
    OR FOR DISSEMINATION IN THE UNITED STATES

    TORONTO, Oct. 09, 2024 (GLOBE NEWSWIRE) — Caldwell Investment Management Ltd., the manager of Caldwell U.S. Dividend Advantage Fund (the “Fund”), is pleased to announce the payment of distributions on the actively-managed ETF Series of the Fund to unitholders of record as indicated below. The monthly distribution rate of CAD $0.038 per unit of the ETF Series represents an attractive annualized yield on net assets of approximately 2.7%.

    Record Date Payment Date Distribution per Unit
    October 31, 2024 November 6, 2024 CAD $0.038
    November 29, 2024 December 5, 2024 CAD $0.038
    December 31, 2024 January 7, 2025 CAD $0.038
         

    ETF Series unitholders also have the option to participate in the distribution reinvestment plan (“DRIP”) offered by the Fund, which provides investors with the ability to automatically reinvest distributions and realize the benefits of compounded growth. Unitholders can enroll in the DRIP program by contacting their investment advisor.

    The ETF Series of Caldwell U.S. Dividend Advantage Fund trades on the TSX under the ticker symbol UDA.

    For further information, please visit our website at http://www.caldwellinvestment.com or contact us at 416-593-1798 or 1-800-256-2441.

    The Fund was first offered to the public as a closed-end investment on May 28, 2015 and was converted into an open-end mutual fund effective as of November 15, 2018, with all outstanding units designated as Series F units. The ETF Series of the Fund was launched on March 18, 2020.  Performance of the Fund prior to the conversion date would have differed had the Fund been subject to the same investment restrictions and practices of the current open-end mutual fund.

    Investors are strongly encouraged to consult with a financial advisor and review the Simplified Prospectus and Fund Facts documents carefully prior to making investment decisions about the Fund. Caldwell Investment Management Ltd. makes no representations or warranties on the accuracy and completeness of the information included herein. Certain statements herein contain forward looking information based on certain historical information of the Fund and represent current expectations as of the date of this press release. Actual future results may differ materially due to but not limited to prevailing market conditions, there being no assurance of realizing capital gains and no assurance that issuers held in the portfolio will pay dividends or distributions on their securities. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Mutual funds are not guaranteed; their values change frequently and past performance may not be repeated. The payment of distributions should not be confused with a fund’s performance, rate of return or yield. If distributions paid are greater than the performance of the fund, your original investment will shrink. Distributions paid as a result of capital gains realized by a fund, and income and dividends earned by a fund, are taxable in your hands in the year they are paid. Your adjusted cost base (“ACB”) will be reduced by the amount of any returns of capital and should your ACB fall below zero, you will have to pay capital gains tax on the amount below zero.

    The MIL Network –

  • MIL-OSI Security: Four Defendants Charged with Multimillion-Dollar Fraud Targeting San Francisco Delivery Company

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    SAN JOSE – A federal grand jury indicted four defendants in an alleged scheme to defraud a San Francisco-based delivery company.

    All four defendants were arrested on Oct. 4, 2024.  Defendants Sayee Chaitanya Reddy Devagiri, 30, and Manaswi Mandadapu, 29, were arrested in Newport Beach, Calif., made their initial appearances in Santa Ana, and were released on bond.  Defendant Matheus Duarte, 29, was arrested in Mountain House, Calif., made his initial appearance in San Jose, and was released on bond.  Defendant Hari Vamsi Anne, 30, was arrested in Cypress, Tex., made his initial appearance in Houston, and was detained pending further proceedings.

    Each defendant is charged with a single count of conspiracy to commit wire fraud.  According to the indictment filed Aug. 7, 2024, and unsealed Oct. 4, 2024, from November 2020 to February 2021, the defendants allegedly worked together to cause the victim company (“Entity One”) to pay for deliveries that never occurred.  Entity One’s business includes providing delivery services to customers in response to orders placed using the company’s platform.  Drivers fulfill those orders by collecting the ordered items from restaurants and other merchants and delivering them to customers.  In furtherance of the scheme, defendants allegedly created fraudulent customer accounts and driver accounts on Entity One’s platform and used the fictitious customer accounts to place orders for delivery.  As alleged in the indictment, using insider access to Entity One’s computer systems, defendants assigned those orders to fraudulent driver accounts, then manipulated Entity One’s computer systems to cause Entity One to pay the fraudulent driver accounts as if individual orders had been delivered hundreds of times.  The scheme allegedly resulted in fraudulent payments exceeding $2,500,000.

    The indictment alleges that the defendants gained access to Entity One’s computer systems using credentials belonging to an employee of Entity One identified as “Individual One.”  Individual One is Tyler Thomas Bottenhorn, a resident of Solano County, Calif., who was briefly employed by Entity One in 2020.  Bottenhorn was not charged in the indictment unsealed on Oct. 4, but he was separately charged by indictment with conspiracy to commit wire fraud in a federal criminal case filed Sept. 29, 2022, and unsealed Oct. 7, 2024.  Bottenhorn pleaded guilty on Nov. 7, 2023, and admitted to being involved in the scheme to defraud Entity One.

    An indictment merely alleges that crimes have been committed, and all defendants are presumed innocent until proven guilty beyond a reasonable doubt. If convicted, each defendant faces a maximum sentence of 20 years in prison, and a fine of $250,000, plus restitution if appropriate.  However, any sentence following conviction would be imposed by the court after consideration of the U.S. Sentencing Guidelines and the federal statute governing the imposition of a sentence, 18 U.S.C. § 3553.

    The announcement was made by U.S. Attorney Ismail J. Ramsey and Federal Bureau of Investigation (FBI) Special Agent in Charge Robert K. Tripp.

    This case is being prosecuted by Assistant U.S. Attorneys Michael G. Pitman and Jeffrey D. Nedrow with assistance from Sahib Kaur.  The prosecution is the result of an investigation by the FBI.

    Sayee Chaitanya Reddy Devagiri Indictment
     

    MIL Security OSI –

  • MIL-OSI Security: Vallejo Man Sentenced to Five Years in Prison for Being a Felon in Possession of Ammunition

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    SACRAMENTO, Calif. — Raykheem Andrew Guthery, 32, of Vallejo, was sentenced today to five years in prison for possessing ammunition, U.S. Attorney Phillip A. Talbert announced.

    According to court documents, on June 9, 2022, law enforcement officers conducted a vehicle stop on Guthery for driving a car without license plates. Guthery pretended to be someone else, claimed he was not on parole or probation, and denied being armed. In fact, Guthery was on probation for felony assault and had a firearm loaded with an extended magazine concealed on his person. Officers discovered the firearm during Guthery’s arrest. The firearm was a non‑serialized, privately manufactured firearm, known as a “ghost gun.” It was loaded with one round of .40-caliber ammunition in the chamber and another 17 rounds in an extended magazine.

    Guthery is prohibited from possessing firearms or ammunition because he has been convicted of at least three felonies, including a 2016 felony conviction for forcible assault likely to cause grave bodily injury. He was also prohibited from possessing firearms or ammunition at the time of this offense because he was then the subject of a domestic violence protective order issued on April 15, 2021, by the Superior Court of California, Solano County.

    This case was the product of an investigation by the Bureau of Alcohol, Tobacco, Firearms and Explosives, the Solano County District Attorney’s Office, the Solano County Sheriff’s Office, and the FBI’s Solano County Violent Crimes Task Force. Assistant U.S. Attorney Adrian T. Kinsella prosecuted the case.

    This case was part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone. On May 26, 2021, the U.S. Department of Justice launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.

    MIL Security OSI –

  • MIL-OSI Security: Former CDCR Correctional Officer Pleads Guilty to Conspiracy to Distribute Cocaine in Stockton

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    SACRAMENTO, Calif. — Fidel Andrade, 36, of Stockton, pleaded guilty today to conspiring to possess and distribute cocaine, U.S. Attorney Phillip A. Talbert announced.

    According to court documents, between January and October 2020, Andrade, who then worked as a correctional officer, supplied cocaine to his co-defendant Neftali Castillo Montes. Montes then sold over 9 ounces of cocaine to an FBI confidential source. On March 3, 2021, officers discovered an additional ounce of cocaine during a search warrant executed at Andrade’s house.

    Andrade is scheduled to be sentenced on Jan. 14, 2025, by U.S. District Judge Kimberly J. Mueller. Montes pleaded guilty for his role in this conspiracy on July 15, 2024, and is scheduled to be sentenced on Jan. 28, 2025. Both defendants face a maximum statutory penalty of 20 years on prison for their roles in this conspiracy. Montes is separately charged in another indictment involving a methamphetamine trafficking conspiracy. The actual sentences, however, will 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.

    This case is the product of an investigation by the California Department of Corrections and Rehabilitation, the U.S. Customs and Borders Protection, the Drug Enforcement Administration, Homeland Security Investigations, the Federal Bureau of Investigation, and the Tracy Police Department. Assistant U.S. Attorney Adrian T. Kinsella is prosecuting the case.

    The case was investigated under the Organized Crime Drug Enforcement Task Forces (OCDETF). OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. For more information about Organized Crime Drug Enforcement Task Forces, please visit Justice.gov/OCDETF. 

    MIL Security OSI –

  • MIL-OSI Security: Sacramento County Man Pleads Guilty to Fraud in Connection with Medical Device Sales

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    SACRAMENTO, Calif. — Michael Andrew Scott, 38, of Fair Oaks, pleaded guilty today to wire fraud, U.S. Attorney Phillip A. Talbert announced.

    According to court documents, between June 2018 and June 2022, Scott devised a scheme to defraud investors in his company, Trusted Medical Partnership. Scott told investors that either he or Trusted Medical Partnership received purchase orders from various health care providers for medical devices but lacked the capital to fulfill the orders. Scott solicited and obtained loans from these investors, and, in exchange, promised them substantial returns in a relatively short time with zero risk.

    In reality, Scott’s representations to these prospective investors were false because Scott did not have purchase orders from health care providers. To some of his victims, Scott sent purchase orders that he had doctored or fabricated in order to convince them to lend money. The health care providers listed on these purported purchase orders confirmed that the orders were fake altogether or altered to reflect inflated amounts or other false information. Further, Trusted Medical Partnership was not a legitimate business – while incorporated in the State of California, it conducted no legitimate business transactions, paid no taxes, submitted no wage or employment-related records, and had been suspended in December 2021, before Scott solicited investments on its behalf from some of his victims.

    Scott’s victims lent him money on the basis of his false statements, including the fraudulent purchase orders, but received little to no returns on their investments. Instead, Scott spent the money on gambling at several local casinos (sometimes the same day he received the victims’ money), personal expenses, or payments to other, prior investors in order to keep the scheme running. Collectively, Scott defrauded more than 10 victims of between $250,000 and $550,000.

    This case is the product of an investigation by the Federal Bureau of Investigation. Assistant U.S. Attorney Dhruv M. Sharma is prosecuting the case.

    Scott is scheduled to be sentenced by U.S. District Judge Kimberly J. Mueller on Jan. 14, 2025. Scott faces a maximum statutory penalty of 20 years in prison and a fine of $250,00, or twice the gross gain or gross loss, whichever is greater. In addition to pleading guilty, Scott agreed to pay restitution to his victims of between $338,843 and $550,000. The actual sentence, however, will 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.

    MIL Security OSI –

  • MIL-OSI Security: Bel Air Man Arrested on Indictment Alleging Scheme to Violate United States Sanctions Against Iran

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    LOS ANGELES – A Bel Air man was arrested today on a federal grand jury indictment charging him and two Iranian nationals with violating United States sanctions against Iran by illegally sending to that nation digital and physical gift cards loaded with approximately $2.4 million.

    Kambiz Eghbali, 50, a.k.a. “Cameron Eghbali,” a dual citizen of the United States and Iran, is charged with violations of the International Emergency Economic Powers Act (IEEPA), conspiracy to commit bank fraud, and conspiracy to commit money laundering. His arraignment is scheduled for this afternoon in United States District Court in downtown Los Angeles.

    Hamid Hajipour and Babak Bahizad, both Iranian nationals charged in the indictment, remain at large.

    “Restrictions on exports and transactions with countries that are hostile to the United States, such as Iran, are critical to protecting our nation,” said United States Attorney Martin Estrada. “Nothing is more important than protecting our country from foreign threats and my office will continue to aggressively prosecute those who undermine our national security.” 

    According to the indictment unsealed today, from March 2014 through September 2019, Eghbali and others conspired to unlawfully send digital and physical gift cards loaded with U.S. dollars to Iran. Eghbali would list his company, a North Hills-based purported videogame wholesaler and distributor, as the seller of the gift cards, and would provide cards to Bahizad for the benefit of his Iran-based gaming company, and to Hajipour for the benefit of his mobile software application service company.

    Bahizad and Hajipour would then pay Eghbali for the cards by transferring money from Iran to Eghabli’s U.S.-based bank accounts using third parties in other countries to conceal the transfer from U.S. regulators.

    The IEEPA and the Iranian Transactions and Sanctions Regulations (ITSR) impose controls and restrictions on transactions involving Iran based on the threats posed by Iran to the national security of the United States including, among others, its pursuit of nuclear weapons and sponsorship of terrorism.

    The IEEPA and ITSR, among other things, prohibit the export, reexport, sale, or supply, directly or indirectly, from the United States or by a United States person, wherever located, of any goods, technology, or services, including financial services, to Iran or the Government of Iran without first obtaining authorization from the United States Treasury Department’s Office of Foreign Assets Control.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    If convicted, the defendants face the following maximum penalties: 20 years in prison for violations of the International Emergency Economic Powers Act, 30 years in prison for bank fraud violations, and 20 years in prison for money laundering violations. The indictment also notifies defendants that the United States intends to forfeit all property alleged to be traceable to proceeds of the offense.

    The FBI is investigating this matter with support from Homeland Security Investigations.

    Assistant United States Attorneys Anna Boylan and Mark Takla of the Terrorism and Export Crimes Section are prosecuting this case with Trial Attorneys David J. Ryan and Leslie Esbrook from the National Security Division’s Counterintelligence and Export Control Section.

    MIL Security OSI –

  • MIL-OSI Security: Ventura Man Charged with Federal Narcotics Trafficking and Firearm Charges

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    LOS ANGELES—A Ventura County man was charged in a four-count federal grand jury indictment for possessing methamphetamine he intended to sell and illegally possessing firearms, the FBI announced today.

    Rodolfo Hernandez, also known as “Creature,” of Oxnard, California, has been in federal custody since September 23, 2024.

    Hernandez was charged in an indictment returned on October 2nd by a federal grand jury in Los Angeles with possession with intent to distribute methamphetamine, possession of firearms and machinegun in furtherance of a drug trafficking crime, possession of a machinegun, and being a felon in possession of firearms and ammunition.

    The indictment alleges that Hernandez, who was a convicted felon, possessed with intent to distribute approximately 98.6 grams of methamphetamine and possessed several firearms, including a .380 ACP caliber pistol machinegun, and 38 rounds of ammunition in furtherance of a drug trafficking crime.

    Hernandez made his initial appearance on October 2, 2024, in the United States District Court, where he was remanded to federal custody. His arraignment has been scheduled for October 11, 2024. If convicted, Hernandez would face a statutory maximum sentence of life in federal prison.

    The investigation into Hernandez is being conducted by the Ventura County Violent Crime Task Force, which includes the FBI, the Oxnard Police Department, and the Ventura County Sheriff’s Office.

    Assistant United States Attorney Thomas Magana is prosecuting this case.

    MIL Security OSI –

  • MIL-OSI Security: Man jailed for manslaughter of Yusuf Mahamoud

    Source: United Kingdom London Metropolitan Police

    A man has been jailed for the manslaughter of 18-year-old Yusuf Mahamoud in Finchley after Met detectives used CCTV and mobile phone data to identify him as the killer.

    Tyrese Jennings, 21 (06.03.03), of Litchfield Grove, N3 was found guilty of manslaughter at the Old Bailey on Thursday, 11 July. He was sentenced at the same court on Wednesday, 9 October, to 13 years’ imprisonment.

    Detective Chief Inspector Tom Williams, Specialist Crime, said: “Our thoughts today are with Yusuf’s family. He was a young man with his life ahead of him and they continue to grieve his untimely loss.

    “I hope seeing the conviction and today the sentencing of Jennings brings them some small comfort.”

    An investigation was launched after police were called to reports of a stabbing in Regent’s Park Road, N3, at 21:40hrs on Monday, 7 August 2023.

    Officers attended along with the London Ambulance Service. Yusuf, from Enfield, was found seriously injured. Sadly he died at the scene from a stab wound to the neck.

    Detectives found that Yusuf had left his home earlier that evening and arrived in the area at around 21:00hrs in a car with a number of friends. They got out and went into a nearby restaurant.

    Jennings was one of a group of three males who confronted Yousuf when he left the restaurant. During the ensuing altercation, Yousuf was stabbed in the neck and the three males made off.

    Detectives from Specialist Crime began an investigation and using CCTV and mobile phone analysis quickly identified the three males as Jennings and two 15-year-old boys.

    Jennings was arrested on 14 August and charged with murder. He was found guilty of manslaughter on Thursday, 11 July, following an Old Bailey trial. He was found not guilty of murder.

    The two 15-year-old boys, who cannot be named for legal reasons, were also charged with murder. They were found not guilty of all offences at the same court.
    ____

    Note: There is no image of the victim at the request of his family.

    MIL Security OSI –

  • MIL-OSI USA: Welch Joins Legislation to Build and Renovate Homes for Working Families

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)
    WASHINGTON, D.C. — Senator Peter Welch (D-Vt.) joined Senators Martin Heinrich (D-N.M.), Ron Wyden (D-Ore.), and Chris Van Hollen (D-Md.) in introducing the New Homes Tax Credit Act, legislation that will provide tax credits to incentivize new investments and additional resources for home construction and renovations for working families. The New Homes Tax Credit Act will address the lack of housing inventory for individuals and families whose incomes are below 120% of the area median income (AMI), particularly including in areas where middle-income families have historically been priced out. In Burlington, Montpelier, and Rutland this added housing inventory would benefit families with annual combined incomes of up to $142,680, $126,480, and $114,000, respectively. 
    “The housing shortage crisis has been brutal for communities across the country. In Vermont, we’ll need at least 30,000 more homes by 2030. We must find new and innovative ways to encourage new construction and renovations of starter homes for lower and moderate-income communities,” said Senator Welch. “Everyone deserves to have a safe and affordable place to live.”  
    “Every New Mexican who’s looked at buying a home knows: housing prices are too high. To solve that, we need to build and renovate more homes. It’s that simple,” said Senator Heinrich. “My New Homes Tax Credit Act will help boost home construction and renovation for middle-income New Mexicans, growing our local economies and giving more working families a shot at success.”  
    “Democrats are focused on attacking the cost of living, and with rents and home prices climbing every year, the key to solving our housing crisis is to build, build, build. That’s what this bill is all about,” said Senator Wyden. “The housing crisis is no longer just about big cities like Portland, it’s all over Oregon and the entire country – urban centers, suburban communities, even a lot of rural areas. Congress needs to look at every available solution that’ll get more housing built so that families don’t have to break the bank to pay the rent every month.”  
    The New Homes Tax Credit (NHTC) would be administered under the Community Development Financial Institutions (CDFI) Fund. The CDFI Fund certifies Housing Development Entities, which can be CDFIs, government and quasi-governmental entities, or non-profits. Following certification, Housing Development Entities will use the capital raised from exchanging their NHTC with investors to provide funds for construction companies that build or renovate single-family homes.   
    The New Homes Tax Credit Act is supported by the Mortgage Bankers Association, National Association of Home Builders, National Association of Realtors, Homewise, Yes Housing, Inc., Housing New Mexico, and Strong Towns Albuquerque.   
    “With a nationwide shortage of roughly 1.5 million housing units, we must increase the supply of housing to ease the nation’s housing affordability crisis,” said Carl Harris, Chairman of the National Association of Home Builders. “NAHB is pleased to support the Affordable Housing Expansion Tax Credit, which would create a new federal program to help finance the construction or renovation of affordable, entry-level housing. With nearly half of U.S. households unable to afford a $250,000 home, we must adopt policies to make homeownership more accessible and increase production of entry-level housing.”  
    Learn more about the New Homes Tax Credit Act.  
    Access a tool to determine the area medium income across the country here. 
    Read the full text of the bill.  

    MIL OSI USA News –

  • MIL-OSI USA: With Balloon Fiesta Underway, Luján Highlights Wins From FAA Reauthorization Bill to Protect Hot Air Ballooning

    US Senate News:

    Source: US Senator for New Mexico Ben Ray Luján
    Washington, D.C. – With the Albuquerque International Balloon Fiesta underway, U.S. Senator Ben Ray Luján (D-N.M.), a member of the Senate Committee on Commerce, Science, and Transportation, highlighted key priorities that he secured to help protect hot air ballooning in the Federal Aviation Administration (FAA) Reauthorization Act of 2024 that was passed and signed into law in May.
    “The annual Balloon Fiesta is a vital part of New Mexico’s culture and economy that brings thousands of visitors to our state from around the world,” said Senator Luján, a member of the Senate Committee on Commerce, Science and Transportation. “Over the years, I’ve worked to keep New Mexico as the hot air balloon capital of the world and let the balloons fly without disruption. I am proud to have worked with my colleagues during FAA Reauthorization negotiations to protect our cherished tradition of hot air ballooning that is on full display at this year’s Balloon Fiesta.”
    Earlier this year, as part of the FAA Reauthorization Act, Senator Luján secured a provision to require the FAA to consider the unique capabilities of hot air balloons in future regulations. In 2022, Senator Luján and the New Mexico Delegation successfully pushed the FAA to adjust a policy that would have grounded hot air balloon flights and caused major disruptions to the Albuquerque International Balloon Fiesta.

    MIL OSI USA News –

  • MIL-OSI USA: Supporting New York’s Hospitality Industry

    Source: US State of New York

    Governor Kathy Hochul signed a legislative package designed to help small businesses open quickly and stay open longer with reduced costs and fewer paperwork requirements. Legislation S.8203/A.8427-A extends temporary permits to more New York City businesses. Legislation S.9685/A.7116 doubles the duration of temporary permits at the same cost.

    “No longer will New York City bars and restaurants have to wait for months to start serving alcoholic beverages that quickly become a vital lifeline when starting a new business,” Governor Hochul said. “Now businesses can apply immediately with their full liquor license application and be up and operating soon after applying, making owning a business in New York more affordable than ever before.”

    Legislation S.8203/A.8427-A removes the previously-set, two-year restriction, allowing businesses to open months earlier with a temporary permit while their full application is pending. Currently, New York City locations that have not been licensed within the last two years are ineligible to obtain a temporary permit when their application is subject to the 500 Foot Law. This important new provision will help small businesses open faster, put people to work sooner, bring life to vacant restaurant spaces around the City, and stimulate the economy by allowing bars and restaurants to start bringing in revenue and creating jobs right away. These updates go into effect immediately and will qualify many businesses that weren’t able to obtain a temporary retail permit before. The Governor would like to encourage businesses that were previously ineligible to apply today.

    State Senator Jessica Ramos said, “On behalf of the small businesses in my district, I sincerely thank Governor Hochul for throwing this lifeline to the hospitality industry. When the Governor signed my first expansion of temporary liquor licenses, it opened a door for many small business owners across New York City. Now, we are closing the gap that left newer businesses behind. This legislation will be a much-needed shot in the arm for our commercial corridors. I urge new restaurateurs to reach out to the SLA and begin the process of getting your temporary permit as soon as possible.”

    Assemblymember Harvey Epstein said, “This legislation enhances community board input and supports fledgling businesses while ensuring those business owners who do not respect the community can’t apply for a temporary license. I thank Governor Hochul for recognizing the merits of this policy change that will help many of our abandoned storefronts bring back street life to commercial areas.”

    Legislation S.9685/A.7116 extends the duration of temporary retail permits from 90 to 180 days. The legislation will reduce paperwork for applicants, while also reducing fees by doubling the length of the original permit and keeping the fees the same. The legislation will also decrease the number of applications that need to be processed by SLA examiners, enabling the agency to redirect resources to processing applications and getting businesses operating with full licenses faster. Temporary retail permit extensions are still available for businesses that need to extend the timeframe further. This expands upon legislation signed by Governor Hochul in December 2021 that allowed bars, restaurants and grocery stores in New York City to be eligible to obtain temporary retail permits for the first time ever. This also builds upon Governor Hochul’s efforts to streamline and create a more efficient State Liquor Authority.

    State Senator James Skoufis said, “Doubling the duration of temporary permits will be a significant boost for new restaurants, bars and taverns in New York. This new law will reduce paperwork for business owners, slash onerous fees, and allow the SLA to operate more efficiently with fewer applications to process. I’m grateful the Governor and SLA continue to partner on updating our state’s antiquated, burdensome alcohol laws.”

    Assemblymember Angelo Santabarbara said, “As the sponsor of this legislation, I’m proud to see it signed into law, and I want to thank Governor Hochul for supporting this important initiative. By extending the duration of temporary retail permits, we’re not only cutting down on unnecessary paperwork but also reducing fees, allowing businesses to focus on what matters — serving their communities. This legislation is a win for our bars, restaurants and retailers, and it builds on the ongoing efforts to streamline operations at the State Liquor Authority, helping businesses get their full licenses faster and more efficiently.”

    State Liquor Authority Chair Lily Fan said, “Over the past few years, Governor Kathy Hochul and the Legislature have largely expanded the availability of temporary permits to new hospitality businesses around the State so they can quickly begin alcohol service and entertain our residents and visitors alike. Today, we celebrate the signing of two new pieces of legislation that will add to the efficiency and effectiveness of temporary permits. Increasing the duration of a temporary permit from 90 to 180 days will largely reduce the need for laborsome renewals and lower the cost of doing business statewide. Removing the barrier of prior licensing history in New York City will bring fairness and reasonableness to our agency’s licensing process. Our team wholeheartedly thanks the Governor for her unwavering commitment to make doing business in New York easier and more affordable for our licensees and applicants.”

    New York State Restaurant Association President and CEO Melissa Fleischut said, “These reforms will have an immediate, positive impact on the hospitality industry across New York State, streamlining operations for restaurants and contributing to the economic vitality of our communities. Restaurants will face less administrative burden and have more flexibility to run their business and pursue new opportunities. The New York State Restaurant Association thanks Governor Kathy Hochul and the legislative sponsors for recognizing the benefits of these reforms and delivering for our members.”

    New York State Latino Restaurant Bar and Lounge Association President Sandra Jaquez said, “The New York State Latino Restaurant Bar and Lounge Association is grateful to Governor Hochul for signing this critical legislation into law. Expanding temporary retail permits will provide essential support to small businesses across the State, especially new and minority-owned establishments. This law is a significant step in ensuring the continued recovery and growth of New York’s hospitality industry, by enabling more businesses to open their doors and thrive, reducing vacant storefronts and enhancing the vibrancy of our communities. This bill will have an immediate benefit, as many establishments, including one of our members, will now be able to apply for permits under these expanded provisions. We look forward to seeing the full positive impact this legislation will have on our members and the neighborhoods they proudly serve.”

    NYC Hospitality Alliance Executive Director Andrew Riggie said, “Expanding access to temporary liquor permits in NYC is a very important policy that will fill vacant storefronts and let new restaurants open faster, employ people sooner, and start generating tax revenue earlier without compromising on community engagement, while the State Liquor Authority processes the official licenses. Thank you, Governor Hochul, Senator Jessica Ramos and Assemblymember Harvey Epstein, for your leadership and enacting this critical economic development legislation. Cheers!”

    Empire State Restaurant and Tavern Association Executive Director Scott Wexler said, “Small businesses will benefit immensely from these changes to the temporary permit law. They will spur job growth and economic development, and will alleviate unnecessary paperwork allowing these new business owners to focus on making their business successful. New businesses will have a greater chance for success and will be able to contribute to the economy sooner thanks to the efforts of the State Legislature and Governor Hochul.”

    MIL OSI USA News –

  • MIL-OSI USA: Black Hole Destroys Star, Goes After Another, NASA Missions Find

    Source: NASA

    NASA’s Chandra X-ray Observatory and other telescopes have identified a supermassive black hole that has torn apart one star and is now using that stellar wreckage to pummel another star or smaller black hole, as described in our latest press release. This research helps connect two cosmic mysteries and provides information about the environment around some of the bigger types of black holes.
    This artist’s illustration shows a disk of material (red, orange, and yellow) that was created after a supermassive black hole (depicted on the right) tore apart a star through intense tidal forces. Over the course of a few years, this disk expanded outward until it intersected with another object — either a star or a small black hole — that is also in orbit around the giant black hole. Each time this object crashes into the disk, it sends out a burst of X-rays detected by Chandra. The inset shows Chandra data (purple) and an optical image of the source from Pan-STARRS (red, green, and blue).
    In 2019, an optical telescope in California noticed a burst of light that astronomers later categorized as a “tidal disruption event”, or TDE. These are cases where black holes tear stars apart if they get too close through their powerful tidal forces. Astronomers gave this TDE the name of AT2019qiz.
    Meanwhile, scientists were also tracking instances of another type of cosmic phenomena occasionally observed across the Universe. These were brief and regular bursts of X-rays that were near supermassive black holes. Astronomers named these events “quasi-periodic eruptions,” or QPEs.
    This latest study gives scientists evidence that TDEs and QPEs are likely connected. The researchers think that QPEs arise when an object smashes into the disk left behind after the TDE. While there may be other explanations, the authors of the study propose this is the source of at least some QPEs.
    In 2023, astronomers used both Chandra and Hubble to simultaneously study the debris left behind after the tidal disruption had ended. The Chandra data were obtained during three different observations, each separated by about 4 to 5 hours. The total exposure of about 14 hours of Chandra time revealed only a weak signal in the first and last chunk, but a very strong signal in the middle observation.
    From there, the researchers used NASA’s Neutron Star Interior Composition Explorer (NICER) to look frequently at AT2019qiz for repeated X-ray bursts. The NICER data showed that AT2019qiz erupts roughly every 48 hours. Observations from NASA’s Neil Gehrels Swift Observatory and India’s AstroSat telescope cemented the finding.
    The ultraviolet data from Hubble, obtained at the same time as the Chandra observations, allowed the scientists to determine the size of the disk around the supermassive black hole. They found that the disk had become large enough that if any object was orbiting the black hole and took about a week or less to complete an orbit, it would collide with the disk and cause eruptions.
    This result has implications for searching for more quasi-periodic eruptions associated with tidal disruptions. Finding more of these would allow astronomers to measure the prevalence and distances of objects in close orbits around supermassive black holes. Some of these may be excellent targets for the planned future gravitational wave observatories.
    The paper describing these results appears in the October 9, 2024 issue of the journal Nature. The first author of the paper is Matt Nicholl (Queen’s University Belfast in Ireland) and the full list of authors can be found in the paper, which is available online at: https://arxiv.org/abs/2409.02181
    NASA’s Marshall Space Flight Center manages the Chandra program. The Smithsonian Astrophysical Observatory’s Chandra X-ray Center controls science operations from Cambridge, Massachusetts, and flight operations from Burlington, Massachusetts.
    Read more from NASA’s Chandra X-ray Observatory.
    Learn more about the Chandra X-ray Observatory and its mission here:

    chandra

    https://chandra.si.edu

    This release features an artist’s rendering that illustrates the destructive power of a supermassive black hole. The digital image depicts a disk of stellar material surrounding one such black hole. At its outer edge a neighboring star is colliding with and flying through the disk.
    The black hole sits halfway down our right edge of the vertical image. It resembles a jet black semicircle with a domed cap of pale blue light. The bottom half of the circular black hole is hidden behind the disk of stellar material. In this illustration, the disk is viewed edge on. It resembles a band of swirling yellow, orange, and red gas, cutting diagonally from our middle right toward our lower left.
    Near our lower left, the outer edge of the stellar debris disk overlaps with a bright blue sphere surrounded by luminous white swirls. This sphere represents a neighboring star crashing through the disk. The stellar disk is the wreckage of a destroyed star. An electric blue and white wave shows the hottest gas in the disk.
    As the neighboring star crashes through the disk it leaves behind a trail of gas depicted as streaks of fine mist. Bursts of X-rays are released and are detected by Chandra.
    Superimposed in the upper left corner of the illustration is an inset box showing a close up image of the source in X-ray and optical light. X-ray light is shown as purple and optical light is white and beige.

    Megan WatzkeChandra X-ray CenterCambridge, Mass.617-496-7998mwatzke@cfa.harvard.edu
    Lane FigueroaMarshall Space Flight Center, Huntsville, Alabama256-544-0034lane.e.figueroa@nasa.gov

    MIL OSI USA News –

  • MIL-OSI USA: Rep. Sewell Announces $43.9 Million from President Biden’s Bipartisan Infrastructure Law to Replace Lead Pipes and Ensure Clean, Safe Drinking Water in Alabama

    Source: United States House of Representatives – Congresswoman Terri Sewell (AL-07)

    Washington D.C. — Today, U.S. Rep. Terri Sewell (AL-07) announced that the U.S. Environmental Protection Agency (EPA) is awarding $43.9 million to the State of Alabama to support lead pipe replacement and ensure clean, safe drinking water for Alabama communities. She also announced the finalization of a new EPA rule to eliminate all lead pipes in Alabama’s drinking water systems within the next 10 years.

    The new rule and funding are part of the Biden-Harris Administration’s commitment to replacing every lead pipe in America within a decade. They were made possible by President Biden’s historic Bipartisan Infrastructure Law. Rep. Sewell was the only member of Alabama’s congressional delegation to vote in favor of the law.

    “For too long, our most vulnerable Alabamians have had their health and well-being threatened by exposure to lead-contaminated drinking water,” said Rep. Sewell. “But thanks to the Biden-Harris Administration, we are finally putting an end to this historic injustice. As the only Member of Congress from Alabama to vote in favor of President Biden’s Bipartisan Infrastructure Law, I am thrilled that Alabama will be receiving this monumental investment to replace dangerous lead pipes and improve the safety of our drinking water supply. We are so grateful to have an administration that is committed to ensuring every family has clean air to breathe and clean water to drink.”

    Lead in drinking water irreparably harms the health of children and adults and disproportionately impacts lower-income communities and communities of color. Legacy lead pipes, which have delivered drinking water to homes for decades, have exposed generations of Americans to toxic lead and will continue to do so until they are removed. 

    The $43.9 million announced today will flow through Alabama’s Drinking Water State Revolving Fund (DWSRF) and is available to support lead pipe replacement and inventory projects. 49% of the funding must be provided to disadvantaged communities as grant funding or principal forgiveness that does not have to be repaid. EPA also announced the availability of $35 million in competitive grant funding for reducing lead in drinking water. Communities are invited to apply directly for grant funding through this program. Additional federal funding is available to support lead pipe replacement projects and EPA has developed a website identifying available funding sources.

    In addition to requiring the replacement of lead pipes within 10 years, the new Lead and Copper Rule Improvements (LCRI) require more rigorous testing of drinking water and a lower threshold requiring communities to take action to protect people from lead exposure in water. The final rule also improves communication within communities so that families are better informed about the risk of lead in drinking water, the location of lead pipes, and plans for replacing them.

    Investments in identifying lead pipes, planning for their removal, and replacing them will create jobs in local communities while strengthening the foundation of safe drinking water that supports economic opportunity.

    Find more information on this announcement here.

    ###

    MIL OSI USA News –

  • MIL-OSI Security: East Preston — UPDATE: Man charged with Second Degree Murder for East Preston homicide

    Source: Royal Canadian Mounted Police

    The Special Investigations Section of the RCMP/HRP Integrated Criminal Investigation Division has charged a man with Second Degree Murder in relation to a homicide that occurred in East Preston.

    On August 30, 2022, at approximately 6:45 p.m., RCMP Halifax Regional Detachment responded to a report of a suspicious van parked behind a strip mall in East Preston. Inside the vehicle, RCMP officers discovered the body of 47-year-old Barry Angus Studley of Middle Sackville. His death was ruled a homicide.

    Through the course of the investigation, with the assistance of RCMP Forensic Identification Services and with tips received from the public, investigators identified Patrick James Denny, 29, as the person responsible for Studley’s death. Denny and Studley were known to one another.

    Denny, who’s currently serving an in-custody sentence in relation to an unrelated incident, has been charged with Second Degree Murder and Indignity to Human Remains. He’ll remain incarcerated and will be escorted back to Nova Scotia to appear in Dartmouth Provincial Court on October 21, at 9:30 a.m.

    At this time, investigators do not anticipate further arrests.

    File # 22-107140

    MIL Security OSI –

  • MIL-OSI USA: Statement From Vice President Kamala  Harris Warning Against Price Gouging and  Fraud

    US Senate News:

    Source: The White House
    Let us all be clear: Americans impacted by a crisis should never be ripped off.
    I have seen firsthand the devastating impact of price gouging during an emergency. As Attorney General of California during devastating wildfires that displaced thousands of residents, I took on those attempting to take advantage of the situation by raising hotel prices. As Senator, I worked to stop price gouging during the pandemic.
    Those evacuating before Hurricane Milton or recovering from Hurricane Helene should not be subject to illegal price gouging or fraud – at the pump, airport, or hotel counter. Any company or individual that tries to exploit Americans in an emergency should know that the Administration is monitoring for allegations of fraud and price gouging and will hold those taking advantage of the situation accountable.

    MIL OSI USA News –

  • MIL-OSI Security: Mississippi Father and Son Convicted of Felony and Misdemeanor Charges for Actions During January 6 Capitol Breach

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (c)

                WASHINGTON – A father and son from Mississippi were convicted of felony and misdemeanor charges related to their conduct during the Jan. 6, 2021, breach of the U.S. Capitol. Their actions and the actions of others disrupted a joint session of the U.S. Congress convened to ascertain and count the electoral votes related to the 2020 presidential election.

                Toney Sheldon Bray, 46, and Ethan Bray, 25, both of Blue Springs, Mississippi, were found guilty on Oct. 4, 2024, of a felony charge of civil disorder and a misdemeanor charge of disorderly and disruptive conduct in a restricted building or grounds following a bench trial before by U.S. District Judge Rudolph Contreras.

                Prior to trial, Toney Bray entered an open guilty plea to three misdemeanor counts of theft of government property, entering and remaining in a restricted building or grounds, and parading, demonstrating, or picketing in a Capitol building. Ethan Bray pled guilty to two misdemeanor counts of entering and remaining in a restricted building or grounds and parading, demonstrating, or picketing in a Capitol building.

                Judge Contreras will sentence the two men on Feb. 7, 2025.

                According to evidence presented during the trial, on Jan. 6, 2021, the defendants dressed in military-style gear, including tactical helmets, vests, and goggles, and were part of the initial breach of police barricades at approximately 12:53 p.m. at Peace Circle, located at Pennsylvania Avenue NW and First Street NW. Specifically, Ethan and Tony Bray pushed and climbed over the police barriers.

                As the Brays and other rioters approached the first set of barricades, “AREA CLOSED” signs were affixed to the barriers. The Brays were among the first to confront law enforcement on the staircase under scaffolding leading from the West Plaza to the Lower West Terrace. They entered the U.S. Capitol Building at approximately 2:22 p.m. through the Senate Wing Door and moved toward the Crypt, as captured on Capitol CCTV footage. At the time they entered the Capitol, the Brays were wearing gas masks.

                The Brays were captured on CCTV in the Crypt at approximately 2:24 p.m. After exiting the Crypt, the Brays moved to the Rotunda, where they were again captured in an open-source photo and Capitol CCTV at approximately 2:36 p.m. While inside, the Brays joined a group of rioters who confronted a line of police officers in a hallway that led to the Senate Chamber.  The rioters engaged in a concerted push against police, and were rebuffed when police used OC spray to push them back.  After moving between the hallway and the Rotunda for some time, the Brays ultimately exited through the Rotunda doors leading to the East Front of the Capitol at approximately 2:54 p.m.

                In total, the Brays were inside the Capitol from approximately 2:22 p.m. until 2:54 p.m., for a total of 32 minutes. After leaving the Rotunda, open-source and Capitol CCTV footage captured Toney Bray carrying a U.S. Capitol Police riot shield. The elder Bray still had the shield after exiting the Capitol building.

                The FBI arrested the two men on June 8, 2023.

                This case is being prosecuted by the U.S. Attorney’s Office for the District of Columbia and the Department of Justice National Security Division’s Counterterrorism Section. Valuable assistance was provided by the U.S. Attorney’s Office for the Northern District of Mississippi.

                The case is being investigated by the FBI’s Jackson and Washington Field Offices. Valuable assistance was provided by the U.S. Capitol Police and the Metropolitan Police Department.

                In the 45 months since Jan. 6, 2021, more than 1,532 individuals have been charged in nearly all 50 states for crimes related to the breach of the U.S. Capitol, including more than 571 individuals charged with assaulting or impeding law enforcement, a felony. The investigation remains ongoing.

    MIL Security OSI –

  • MIL-OSI Video: Monet Repatriation: B-Roll

    Source: Federal Bureau of Investigation (FBI) (video statements)

    This video b-roll shows a work by French Impressionist Claude Monet. The piece, which was looted during World War II, was recently returned to the heirs of its original owners with the help of the FBI and our partners.

    For a full transcript and download, visit:
    —————————————————
    Follow us on social media:
    X: https://twitter.com/fbi
    Facebook: https://facebook.com/FBI
    Instagram: https://instagram.com/fbi
    YouTube: youtube.com/user/fbi

    https://www.youtube.com/watch?v=VE1ZjkS2QCg

    MIL OSI Video –

  • MIL-OSI Banking: 🇮🇱 Zion Oil & Gas Update: October 9, 2024

    Source: Zion Oil and Gas

    Headline: Zion Oil & Gas Update: October 9, 2024

    October 9, 2024

     

    Dear Zion Shareholders and Supporters,

    During these challenging times, we are thankful to report that our staff and rig remain safe in Israel despite the ongoing conflict. The security and well-being of our personnel are paramount to our success. We continue to work within Israeli guidelines ensuring the continued protection of our staff, crew, and well site.

    While our MJ-01 re-completion project has faced a multitude of hurdles, including an active conflict, downhole issues and logistical challenges, we continue to move forward each time a safe opportunity permits continuation of operations. However, we will only move forward in coordination with Israeli authorities. We are actively monitoring the port situation to import the items needed to complete the current work program. We remain optimistic about making significant progress in the coming months.

    In light of the current situation, we have decided to extend our Unit Program until December 31, 2024. This extension gives investors additional time to participate and support our crucial mission for Israel. Importantly, the warrants associated with the Unit Program will also be extended and exercisable from January 31, 2025, to January 31, 2026.

    Your prayers and ongoing support are greatly appreciated by our team in Israel. Our monthly public prayer time over Zoom in September saw over 250 join us live from 14 nations around the world. We remain committed to moving forward safely, efficiently, and with unwavering faith in God’s vision for the oil of Israel.

    Thank you for standing with Israel and Zion.

    Robert Dunn
    CEO

    “The Lord is my light and my salvation; whom shall I fear? The Lord is the defense of my life; whom shall I dread?”
    Psalm 27:1 NASB

    “I sought the Lord, and he answered me;
    he delivered me from all my fears.
    Those who look to him are radiant;
    their faces are never covered with shame.
    This poor man called, and the Lord heard him;
    he saved him out of all his troubles.
    The angel of the Lord encamps around those who fear him,
    and he delivers them.
    Taste and see that the Lord is good;
    blessed is the one who takes refuge in him.”
    Psalm 34:4-8 NIV

    Extended…

    For each $250.00 UNIT you receive:

      • Common stock at the average of the high and low sale price on OTC: ZNOG for the day if purchased before 4:00pm EST. Purchases after 4:00pm EST will receive the following day’s high-low average.
      • 50 Warrants with an exercise price of $0.25 each.

      Note: Those who purchase UNITS and sign up (or are already enrolled) for Automatic Monthly Investments (AMI), will also receive: 50 Additional Warrants if at least $50/month (one time only).

      Warrants exercisable for 12 months (one year) from January 31, 2025 to January 31, 2026

      Invest Now

    MIL OSI Global Banks –

  • MIL-OSI Banking: 🇮🇱 Zion Oil & Gas Update: October 9, 2024

    Source: Zion Oil and Gas

    Headline: Zion Oil & Gas Update: October 9, 2024

    October 9, 2024

     

    Dear Zion Shareholders and Supporters,

    During these challenging times, we are thankful to report that our staff and rig remain safe in Israel despite the ongoing conflict. The security and well-being of our personnel are paramount to our success. We continue to work within Israeli guidelines ensuring the continued protection of our staff, crew, and well site.

    While our MJ-01 re-completion project has faced a multitude of hurdles, including an active conflict, downhole issues and logistical challenges, we continue to move forward each time a safe opportunity permits continuation of operations. However, we will only move forward in coordination with Israeli authorities. We are actively monitoring the port situation to import the items needed to complete the current work program. We remain optimistic about making significant progress in the coming months.

    In light of the current situation, we have decided to extend our Unit Program until December 31, 2024. This extension gives investors additional time to participate and support our crucial mission for Israel. Importantly, the warrants associated with the Unit Program will also be extended and exercisable from January 31, 2025, to January 31, 2026.

    Your prayers and ongoing support are greatly appreciated by our team in Israel. Our monthly public prayer time over Zoom in September saw over 250 join us live from 14 nations around the world. We remain committed to moving forward safely, efficiently, and with unwavering faith in God’s vision for the oil of Israel.

    Thank you for standing with Israel and Zion.

    Robert Dunn
    CEO

    “The Lord is my light and my salvation; whom shall I fear? The Lord is the defense of my life; whom shall I dread?”
    Psalm 27:1 NASB

    “I sought the Lord, and he answered me;
    he delivered me from all my fears.
    Those who look to him are radiant;
    their faces are never covered with shame.
    This poor man called, and the Lord heard him;
    he saved him out of all his troubles.
    The angel of the Lord encamps around those who fear him,
    and he delivers them.
    Taste and see that the Lord is good;
    blessed is the one who takes refuge in him.”
    Psalm 34:4-8 NIV

    Extended…

    For each $250.00 UNIT you receive:

      • Common stock at the average of the high and low sale price on OTC: ZNOG for the day if purchased before 4:00pm EST. Purchases after 4:00pm EST will receive the following day’s high-low average.
      • 50 Warrants with an exercise price of $0.25 each.

      Note: Those who purchase UNITS and sign up (or are already enrolled) for Automatic Monthly Investments (AMI), will also receive: 50 Additional Warrants if at least $50/month (one time only).

      Warrants exercisable for 12 months (one year) from January 31, 2025 to January 31, 2026

      Invest Now

    MIL OSI Global Banks –