Category: Business

  • MIL-OSI: Global Value Investment Corporation Named to PSN Top Guns List of Best Performing Strategies for Q1 2025

    Source: GlobeNewswire (MIL-OSI)

    MILWAUKEE, June 06, 2025 (GLOBE NEWSWIRE) — Global Value Investment Corporation (GVIC) announced today it has been named to the celebrated PSN Top Guns List of best performing separate accounts, managed accounts, and managed ETF strategies for Q1 2025. The highly anticipated list, published by Zephyr, remains one of the most important references for investors and asset managers.

    “Q1 2025 presented a fascinating market narrative marked by significant rotation and global shifts. Success demanded adaptability, deep market understanding, and strategic positioning,” says PSN Product Manager Nick Williams. “PSN Top Guns managers demonstrated exceptional skill in navigating these complex dynamics, where value sectors outperformed growth, international markets showed strength, and policy shifts created both challenges and opportunities. Their expertise in reading and responding to these evolving market conditions continues to showcase the enduring value of active management in separately managed accounts.”

    GVIC’s recognition across multiple categories reflects the firm’s disciplined approach to value investing and its ability to identify opportunities where price dislocations create long-term value potential. The awards demonstrate the effectiveness of GVIC’s investment philosophy over a multi-year period that rewarded patience, disciplined fundamental analysis, and contrarian positioning.

    “These awards validate our commitment to principled, value-oriented investing and our belief that rigorous fundamental analysis coupled with concentrated portfolios creates an information advantage that enables superior long-term performance,” said JP Geygan, CEO and President of Global Value Investment Corporation. “In a quarter marked by significant market volatility, our strategies demonstrated resilience through disciplined security selection and our long-term investment horizon. We remain focused on building generational wealth for our clients through thoughtful capital allocation and our unwavering commitment to investing excellence.”

    Through PSN’s proprietary performance screens, the PSN Top Guns awards products in six proprietary categories across more than 75 universes based on continued performance over time.

    GVIC’s Concentrated Equity Value Strategy (CEVS) and Total Return Value Strategy (TRVS) were named to PSN Top Guns 3-Year Category awards, meaning each strategy had one of the top ten returns for the three-year period. Below are the honors that were awarded for each strategy.

    Concentrated Equity Value Strategy (CEVS):

    • 3-Year Micro Cap Universe
    • 3-Year US Value Universe

    Total Return Value Strategy (TRVS):

    • 3-Year US Balanced Universe

    The Concentrated Equity Value Strategy focuses on capital concentration in a limited number of high-conviction equity investments, allowing GVIC’s investment team to devote substantial time to understanding the determinants of long-term value realization. This approach leverages the firm’s exhaustive knowledge of portfolio investments to create significant information advantages.

    The Total Return Value Strategy applies value-oriented investment principles across a diversified portfolio of individual equity and corporate debt securities, and is designed to deliver long-term capital appreciation while managing risk through thoughtful asset allocation and security selection.

    Both strategies reflect GVIC’s belief that short-term market inefficiencies create opportunities for disciplined investors willing to arbitrage dislocations between price and intrinsic value, and that value-creating initiatives often bear fruit over periods measured in years, not quarters.

    GVIC did not provide any compensation to PSN, Zephyr, or Informa Intelligence, Inc. for this ranking. The complete list of PSN Top Guns and an overview of the methodology can be located at https://psn.fi.informais.com/.

    About Global Value Investment Corporation

    Founded in 2007, GVIC is an investment management firm that deploys patient capital to build generational wealth. GVIC is a fundamental value manager with a long-term investment horizon that conducts intensive fundamental research to identify and invest in undervalued companies. Investment research and portfolio management services are offered to individual institutional clients through separately managed accounts and private fund investments. GVIC is headquartered in Milwaukee, Wisconsin. The firm is 100% employee owned.

    For more information about GVIC and its investment strategies, please visit GVIC’s website: www.gvi-corp.com/. 

    About PSN

    For more than four decades, PSN has been a top resource for investment professionals. Asset managers rely on Zephyr’s PSN to effectively reach institutional and retail investors. Over 2,800 firms, 285 universes, and more than 21,000 products comprise the PSN SMA database showing asset breakdowns, compliance, key personnel, ownership diversity, ESG, business objectives and strategy, style, fees, GIC sectors, fixed income ranges and full holdings. Unique to PSN is its robust historical database of over 40 Years of Data Including Net and Gross-of-Fee Returns. PSN Mid-Year Outlook provides insight and trends about the SMA industry. You can view it online here.

    Visit PSN online to learn more.

    Media Contact:  
    Kristin Mastantuono, Marketing Director 
    Global Value Investment Corporation 
    Email: Kristin.Mastantuono@gvi-corp.com  
    Phone: (262) 478-0656 

    The MIL Network

  • MIL-OSI: Heidelberg Pharma to Present at the Life Sciences Virtual Investor Forum June 12th

    Source: GlobeNewswire (MIL-OSI)

    LADENBURG, Germany, June 06, 2025 (GLOBE NEWSWIRE) — Heidelberg Pharma AG (XETRA: HPHA), a clinical-stage biotech company developing innovative Antibody Drug Conjugates (ADCs), today announced that Andreas Pahl, CEO of Heidelberg Pharma, will present live at the Life Sciences Virtual Investor Forum hosted by VirtualInvestorConferences.com, on June 12th, 2025.

    Heidelberg Pharma’s lead candidate, HDP-101, a BCMA-targeting ADC with the novel payload Amanitin, is being evaluated in a Phase I/IIa clinical trial for the treatment of relapsed or refractory Multiple Myeloma. HDP-101 is showing promising results, including a prolonged complete response in a patient who had undergone extensive prior treatment. The patient has received continuous treatment with HDP-101 alone for over 19 months, showing excellent tolerability of the drug.

    In addition, promising biological activity and objective improvements were observed in several patients, underscoring the potential of HDP-101 as a treatment option for Multiple Myeloma. Dose escalation is continuing, and the study is advancing in cohort 8.

    Furthermore, the second candidate, HDP-102, a CD-37-targeting ADC with the novel payload Amanitin, has recently entered clinical development and the first patient has been dosed in a Phase I study for the treatment of non-Hodgkin lymphoma (NHL).

    DATE: June 12th
    TIME: 10:00 AM ET
    LINK: REGISTER HERE
    Available for 1×1 meetings: June 12th and 13th

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

    Learn more about the event at www.virtualinvestorconferences.com.

    Recent Company Highlights

    About Heidelberg Pharma

    Heidelberg Pharma is a biopharmaceutical company working on a new treatment approach in oncology and developing novel drugs based on its ADC technologies for the targeted and highly effective treatment of cancer. ADCs are antibody-drug conjugates that combine the specificity of antibodies with the efficacy of toxins to fight cancer. Selected antibodies are loaded with cytotoxic compounds, the so-called payloads, that are transported into diseased cells. Inside the cells, the toxins then unleash their effect and kill the diseased cells.

    Heidelberg Pharma uses several compounds and has built up an ADC toolbox that overcomes tumor resistance via numerous pathways and addresses different types of cancer using various antibodies. The goal is to develop targeted and highly effective ADCs for the treatment of a variety of malignant hematologic and solid tumors.

    Heidelberg Pharma is the first company to use the compound Amanitin from the green death cap mushroom in cancer therapy. The biological mechanism of action of the toxin represents a new therapeutic modality and is used as a compound in the Amanitin-based ADC technology, the so-called ATAC technology.

    The company is based in Ladenburg, Germany, and is listed on the Frankfurt Stock Exchange: ISIN DE000A11QVV0 / WKN A11QVV / Symbol HPHA. More information is available at www.heidelberg-pharma.com.

    ATAC® is a registered trademark of Heidelberg Pharma Research GmbH. ITAC™, ETAC™ are pending trademark applications of Heidelberg Pharma Research GmbH.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.  Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:
    Heidelberg Pharma AG
    Sylvia Wimmer
    Director Corporate Communications
    Tel.: +49 89 41 31 38-29
    E-mail: investors@hdpharma.com 
    Gregor-Mendel-Str. 22, 68526 Ladenburg

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com 

    The MIL Network

  • MIL-OSI: Blockchain and Digital Assets Virtual Investor Conference: Presentations Now Available for Online Viewing

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) — Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Blockchain and Digital Assets Virtual Investor Conference, held June 5th are now available for online viewing.

    REGISTER AND VIEW PRESENTATIONS HERE

    The company presentations will be available 24/7 for 90 days. Investors, advisors, and analysts may download investor materials from the company’s resource section.

    Select companies are accepting 1×1 management meeting requests through June 10.

    June 5thPresentations

    To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.

    About Virtual Investor Conferences®

    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    Media Contact: 
    OTC Markets Group Inc. +1 (212) 896-4428, media@otcmarkets.com

    Virtual Investor Conferences Contact:
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network

  • MIL-OSI Global: ‘The Eternal Queen of Asian Pop’ sings one last encore from beyond the grave

    Source: The Conversation – USA – By Xianda Huang, PhD student in Asian Languages and Cultures, University of California, Los Angeles

    Teresa Teng, who died in 1995, still has legions of fans around the world. Nora Tam/South China Morning Post via Getty Images

    Several years ago, an employee at Universal Music came across a cassette tape in a Tokyo warehouse while sorting through archival materials. On it was a recording by the late Taiwanese pop star Teresa Teng that had never been released; the pop ballad, likely recorded in the mid-1980s while Teng was living and performing in Japan, was a collaboration between composer Takashi Miki and lyricist Toyohisa Araki.

    Now, to the delight of her millions of fans, the track titled “Love Songs Are Best in the Foggy Nightwill appear on an album set to be released on June 25, 2025.

    Teng died 30 years ago. Most Americans know little about her life and her body of work. Yet the ballads of Teng, who could sing in Mandarin, Cantonese, Japanese and Indonesian, continue to echo through karaoke rooms, on Spotify playlists, at tribute concerts and at family gatherings across Asia and beyond.

    I study how pop music has served as a tool of soft power, and I’ve spent the past several years researching Teng’s music and its legacy. I’ve found that Teng’s influence endures not just because of her voice, but also because her music transcends Asia’s political fault lines.

    From local star to Asian icon

    Born in 1953 in Yunlin, Taiwan, Teresa Teng grew up in one of the many villages that were built to house soldiers and their families who had fled mainland China in 1949 after the communists claimed victory in the Chinese civil war. Her early exposure to traditional Chinese music and opera laid the foundation for her singing career. By age 6, she was taking voice lessons. She soon began winning local singing competitions.

    “It wasn’t adults who wanted me to sing,” Teng wrote in her memoir. “I wanted to sing. As long as I could sing, I was happy.”

    At 14, Teng dropped out of high school to focus entirely on music, signing with the local label Yeu Jow Records. Soon thereafter, she released her first album, “Fengyang Flower Drum.” In the 1970s, she toured and recorded across Taiwan, Hong Kong, Japan and Southeast Asia, becoming one of Asia’s first truly transnational pop stars.

    Teng’s career flourished in the late 1970s and 1980s. She released some of her most iconic tracks, such as her covers of Chinese singer Zhou Xuan’s 1937 hit “When Will You Return?” and Taiwanese singer Chen Fen-lan’s “The Moon Represents My Heart,” and toured widely across Asia, sparking what came to be known as “Teresa Teng Fever.”

    In the early 1990s, Teng was forced to stop performing for health reasons. She died suddenly of an asthma attack on May 8, 1995, while on vacation in Chiang Mai, Thailand, at the age of 42.

    China catches Teng Fever

    Perhaps the most remarkable aspect of Teng’s story is that Teng Fever peaked in China.

    Teng was ethnically Chinese, with ancestral roots in China’s Shandong province. But the political divide between China and Taiwan following the Chinese civil war had led to decades of hostility, with each side refusing to recognize the legitimacy of the other.

    Teng speaks at a press conference in Hong Kong in 1980.
    P.Y. Tang/South China Morning Post via Getty Images

    During the late 1970s and 1980s, however, China began to relax its political control under Deng Xiaoping’s Reform and Opening Up policy. This sweeping initiative shifted China toward a market-oriented economy, encouraged foreign trade and investment, and cautiously reintroduced global cultural influences after decades of isolation.

    Pop music from other parts of the world began trickling in, including Teng’s tender ballads. Her songs could be heard in coastal provinces such as Guangdong and Shanghai, inland cities such as Beijing and Tianjin, and even remote regions such as Tibet. Shanghai’s propaganda department wrote an internal memo in 1980 noting that her music had spread to the city’s public parks, restaurants, nursing homes and wedding halls.

    Teng’s immense popularity in China was no accident; it reflected a time in the country’s history when its people were particularly eager for emotionally resonant art after decades of cultural propaganda and censorship.

    For a society that had been awash in rote, revolutionary songs like “The East is Red” and “Union is Strength,” Teng’s music offered something entirely different. It was personal, tender and deeply human. Her gentle, approachable style – often described as “angelic” or like that of “a girl next door” – provided solace and a sense of intimacy that had long been absent from public life.

    Teng performs ‘Fly Me to the Moon’ in Taipei in 1984.

    Teng’s music was also admired for her ability to bridge eras. Her 1983 album “Light Exquisite Feeling” fused classical Chinese poetry with contemporary Western pop melodies, showcasing her gift for blending the traditional and the modern. It cemented her reputation not just as a pop star but as a cultural innovator.

    It’s no secret why audiences across China and Asia were so deeply drawn to her and her music. She was fluent in multiple languages; she was elegant but humble, polite and relatable; she was involved in various charities; and she spoke out in support of democratic values.

    A sound of home in distant lands

    Throughout the 1990s and early 2000s, the Chinese immigrant population in the United States grew to over 1.1 million. Teng’s music has also deeply embedded itself within Chinese diasporic communities across the country. In cities such as Los Angeles, San Francisco and New York, Chinese immigrants played her music at family gatherings, during holidays and at community events. Walk through any Chinatown during Lunar New Year and you’re bound to hear her voice wafting through the streets.

    Teng visits New York City’s Chinatown during her 1980 concert tour in the U.S.
    Wikimedia Commons

    For younger Chinese Americans and even non-Chinese audiences, Teng’s music has become a window into Chinese culture.

    When I was studying in the U.S., I often met Asian American students who belted out her songs at karaoke nights or during cultural festivals. Many had grown up hearing her music through their parents’ playlists or local community celebrations.

    The release of her recently discovered song is a reminder that some voices do not fade – they evolve, migrate and live on in the hearts of people scattered across the world.

    Teresa Teng’s music is still celebrated in Chinatowns across the U.S.

    In an age when global politics drive different cultures apart, Teng’s enduring appeal reminds us of something quieter yet more lasting: the power of voice to transmit emotion across time and space, the way a melody can build a bridge between continents and generations.

    I recently rewatched the YouTube video for Teng’s iconic 1977 ballad “The Moon Represents My Heart.” As I read the comments section, one perfectly encapsulated what I had discovered about Teresa Teng in my own research: “Teng’s music opened a window to a culture I never knew I needed.”

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

    ref. ‘The Eternal Queen of Asian Pop’ sings one last encore from beyond the grave – https://theconversation.com/the-eternal-queen-of-asian-pop-sings-one-last-encore-from-beyond-the-grave-255560

    MIL OSI – Global Reports

  • MIL-OSI Global: US health care is rife with high costs and deep inequities, and that’s no accident – a public health historian explains how the system was shaped to serve profit and politicians

    Source: The Conversation – USA – By Zachary W. Schulz, Senior Lecturer of History, Auburn University

    Concessions to the private sector are one reason why health care is so costly. FS Productions/Tetra images via Getty Images

    A few years ago, a student in my history of public health course asked why her mother couldn’t afford insulin without insurance, despite having a full-time job. I told her what I’ve come to believe: The U.S. health care system was deliberately built this way.

    People often hear that health care in America is dysfunctional – too expensive, too complex and too inequitable. But dysfunction implies failure. What if the real problem is that the system is functioning exactly as it was designed to? Understanding this legacy is key to explaining not only why reform has failed repeatedly, but why change remains so difficult.

    I am a historian of public health with experience researching oral health access and health care disparities in the Deep South. My work focuses on how historical policy choices continue to shape the systems we rely on today.

    By tracing the roots of today’s system and all its problems, it’s easier to understand why American health care looks the way it does and what it will take to reform it into a system that provides high-quality, affordable care for all. Only by confronting how profit, politics and prejudice have shaped the current system can Americans imagine and demand something different.

    Decades of compromise

    My research and that of many others show that today’s high costs, deep inequities and fragmented care are predictable features developed from decades of policy choices that prioritized profit over people, entrenched racial and regional hierarchies, and treated health care as a commodity rather than a public good.

    Over the past century, U.S. health care developed not from a shared vision of universal care, but from compromises that prioritized private markets, protected racial hierarchies and elevated individual responsibility over collective well-being.

    Employer-based insurance emerged in the 1940s, not from a commitment to worker health but from a tax policy workaround during wartime wage freezes. The federal government allowed employers to offer health benefits tax-free, incentivizing coverage while sidestepping nationalized care. This decision bound health access to employment status, a structure that is still dominant today. In contrast, many other countries with employer-provided insurance pair it with robust public options, ensuring that access is not tied solely to a job.

    In 1965, Medicare and Medicaid programs greatly expanded public health infrastructure. Unfortunately, they also reinforced and deepened existing inequalities. Medicare, a federally administered program for people over 64, primarily benefited wealthier Americans who had access to stable, formal employment and employer-based insurance during their working years. Medicaid, designed by Congress as a joint federal-state program, is aimed at the poor, including many people with disabilities. The combination of federal and state oversight resulted in 50 different programs with widely variable eligibility, coverage and quality.

    Southern lawmakers, in particular, fought for this decentralization. Fearing federal oversight of public health spending and civil rights enforcement, they sought to maintain control over who received benefits. Historians have shown that these efforts were primarily designed to restrict access to health care benefits along racial lines during the Jim Crow period of time.

    Bloated bureaucracies, ‘creeping socialism’

    Today, that legacy is painfully visible.

    States that chose not to expand Medicaid under the Affordable Care Act are overwhelmingly located in the South and include several with large Black populations. Nearly 1 in 4 uninsured Black adults are uninsured because they fall into the coverage gap – unable to access affordable health insurance – they earn too much to qualify for Medicaid but not enough to receive subsidies through the Affordable Care Act’s marketplace.

    The system’s architecture also discourages care aimed at prevention. Because Medicaid’s scope is limited and inconsistent, preventive care screenings, dental cleanings and chronic disease management often fall through the cracks. That leads to costlier, later-stage care that further burdens hospitals and patients alike.

    Meanwhile, cultural attitudes around concepts like “rugged individualism” and “freedom of choice” have long been deployed to resist public solutions. In the postwar decades, while European nations built national health care systems, the U.S. reinforced a market-driven approach.

    Publicly funded systems were increasingly portrayed by American politicians and industry leaders as threats to individual freedom – often dismissed as “socialized medicine” or signs of creeping socialism. In 1961, for example, Ronald Reagan recorded a 10-minute LP titled “Ronald Reagan Speaks Out Against Socialized Medicine,” which was distributed by the American Medical Association as part of a national effort to block Medicare.

    The health care system’s administrative complexity ballooned beginning in the 1960s, driven by the rise of state-run Medicaid programs, private insurers and increasingly fragmented billing systems. Patients were expected to navigate opaque billing codes, networks and formularies, all while trying to treat, manage and prevent illness. In my view, and that of other scholars, this isn’t accidental but rather a form of profitable confusion built into the system to benefit insurers and intermediaries.

    President Donald Trump’s proposed cuts would reduce Medicaid spending by about US$700 billion.

    Coverage gaps, chronic disinvestment

    Even well-meaning reforms have been built atop this structure. The Affordable Care Act, passed in 2010, expanded access to health insurance but preserved many of the system’s underlying inequities. And by subsidizing private insurers rather than creating a public option, the law reinforced the central role of private companies in the health care system.

    The public option – a government-run insurance plan intended to compete with private insurers and expand coverage – was ultimately stripped from the Affordable Care Act during negotiations due to political opposition from both Republicans and moderate Democrats.

    When the U.S. Supreme Court made it optional in 2012 for states to offer expanded Medicaid coverage to low-income adults earning up to 138% of the federal poverty level, it amplified the very inequalities that the ACA sought to reduce.

    These decisions have consequences. In states like Alabama, an estimated 220,000 adults remain uninsured due to the Medicaid coverage gap – the most recent year for which reliable data is available – highlighting the ongoing impact of the state’s refusal to expand Medicaid.

    In addition, rural hospitals have closed, patients forgo care, and entire counties lack practicing OB/GYNs or dentists. And when people do get care – especially in states where many remain uninsured – they can amass medical debt that can upend their lives.

    All of this is compounded by chronic disinvestment in public health. Federal funding for emergency preparedness has declined for years, and local health departments are underfunded and understaffed.

    The COVID-19 pandemic revealed just how brittle the infrastructure is – especially in low-income and rural communities, where overwhelmed clinics, delayed testing, limited hospital capacity, and higher mortality rates exposed the deadly consequences of neglect.

    A system by design

    Change is hard not because reformers haven’t tried before, but because the system serves the very interests it was designed to serve. Insurers profit from obscurity – networks that shift, formularies that confuse, billing codes that few can decipher. Providers profit from a fee-for-service model that rewards quantity over quality, procedure over prevention. Politicians reap campaign contributions and avoid blame through delegation, diffusion and plausible deniability.

    This is not an accidental web of dysfunction. It is a system that transforms complexity into capital, bureaucracy into barriers.

    Patients – especially the uninsured and underinsured – are left to make impossible choices: delay treatment or take on debt, ration medication or skip checkups, trust the health care system or go without. Meanwhile, I believe the rhetoric of choice and freedom disguises how constrained most people’s options really are.

    Other countries show us that alternatives are possible. Systems in Germany, France and Canada vary widely in structure, but all prioritize universal access and transparency.

    Understanding what the U.S. health care system is designed to do – rather than assuming it is failing unintentionally – is a necessary first step toward considering meaningful change.

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

    ref. US health care is rife with high costs and deep inequities, and that’s no accident – a public health historian explains how the system was shaped to serve profit and politicians – https://theconversation.com/us-health-care-is-rife-with-high-costs-and-deep-inequities-and-thats-no-accident-a-public-health-historian-explains-how-the-system-was-shaped-to-serve-profit-and-politicians-256393

    MIL OSI – Global Reports

  • MIL-OSI Global: Early visions of Mars: Meet the 19th-century astronomer who used science fiction to imagine the red planet

    Source: The Conversation – USA – By Matthew Shindell, Curator, Planetary Science and Exploration, Smithsonian Institution

    Camille Flammarion’s work imagined what might exist beyond Earth in the universe. Three Lions/Hulton Archive via Getty Images

    Living in today’s age of ambitious robotic exploration of Mars, with an eventual human mission to the red planet likely to happen one day, it is hard to imagine a time when Mars was a mysterious and unreachable world. And yet, before the invention of the rocket, astronomers who wanted to explore Mars beyond what they could see through their telescopes had to use their imaginations.

    As a space historian and author of the book “For the Love of Mars: A Human History of the Red Planet,” I’ve worked to understand how people in different times and places imagined Mars.

    The second half of the 19th century was a particularly interesting time to imagine Mars. This was a period during which the red planet seemed to be ready to give up some of its mystery. Astronomers were learning more about Mars, but they still didn’t have enough information to know whether it hosted life, and if so, what kind.

    With more powerful telescopes and new printing technologies, astronomers began applying the cartographic tools of geographers to create the first detailed maps of the planet’s surface, filling it in with continents and seas, and in some cases features that could have been produced by life. Because it was still difficult to see the actual surface features of Mars, these maps varied considerably.

    During this period, one prominent scientist and popularizer brought together science and imagination to explore the possibilities that life on another world could hold.

    Camille Flammarion

    The 19th-century astronomer and writer Camille Flammarion.
    Av Ukjent/The New York Public Library Digital Collections

    One imaginative thinker whose attention was drawn to Mars during this period was the Parisian astronomer Camille Flammarion. In 1892, Flammarion published “The Planet Mars,” which remains to this day a definitive history of Mars observation up through the 19th century. It summarized all the published literature about Mars since the time of Galileo in the 17th century. This work, he reported, required him to review 572 drawings of Mars.

    Like many of his contemporaries, Flammarion concluded that Mars, an older world that had gone through the same evolutionary stages as Earth, must be a living world. Unlike his contemporaries, he insisted that Mars, while it might be the most Earth-like planet in our solar system, was distinctly its own world.

    It was the differences that made Mars interesting to Flammarion, not the similarities. Any life found there would be evolutionarily adapted to its particular conditions – an idea that appealed to the author H.G. Wells when he imagined invading Martians in “The War of the Worlds.”

    An illustrated plate from ‘Astronomie Populaire – Description Generale du Ciel’ by Camille Flammarion. This map of Mars shows continents and oceans. In this, his best-selling epic work, Flammarion speculated that Mars was ‘an earth almost similar to ours [with] water, air, showers, brooks and fountains. This is certainly a place little different from that which we inhabit.’
    Science & Society Picture Library via Getty Images

    But Flammarion also admitted that it was difficult to pin down these differences, as “the distance is too great, our atmosphere is too dense, and our instruments are not perfect enough.” None of the maps he reviewed could be taken literally, he lamented, because everyone had seen and drawn Mars differently.

    Given this uncertainty about what had actually been seen on Mars’ surface, Flammarion took an agnostic stance in “The Planet Mars” as to the specific nature of life on Mars.

    He did, however, consider that if intelligent life did exist on Mars, it would be more ancient than human life on Earth. Logically, that life would be more perfect — akin to the peaceful, unified and technologically advanced civilization he predicted would come into being on Earth in the coming century.

    “We can however hope,” he wrote, “that since the world of Mars is older than our own, its inhabitants may be wiser and more advanced than we are. Undoubtedly it is the spirit of peace which has animated this neighboring world.”

    A plate from ‘Les Terres du Ciel’ (The Worlds of the Sky) written by Camille Flammarion. The plate is an artist’s impression of how canals on Mars might have looked.
    Science & Society Picture Library via Getty Images

    But as Flammarion informed his readers, “the Known is a tiny island in the midst of the ocean of the Unknown,” a point he often underscored in the more than 70 books he published in his lifetime. It was the “Unknown” that he found particularly tantalizing.

    Historians often describe Flammarion more as a popularizer than a serious scientist, but this should not diminish his accomplishments. For Flammarion, science wasn’t a method or a body of established knowledge. It was the nascent core of a new philosophy waiting to be born. He took his popular writing very seriously and hoped it could turn people’s minds toward the heavens.

    Imaginative novels

    Without resolving the planet’s surface or somehow communicating with its inhabitants, it was premature to speculate about what forms of life might exist on Mars. And yet, Flammarion did speculate — not so much in his scientific work, but in a series of novels he wrote over the course of his career.

    In these imaginative works, he was able to visit Mars and see its surface for himself. Unlike his contemporary, the science fiction author Jules Verne, who imagined a technologically facilitated journey to the Moon, Flammarion preferred a type of spiritual journey.

    Camille Flammarion looking through the telescope at the Observatory at Juvisy-sur-Orge.
    duncan1890/iStock via Getty Images Plus

    Based on his belief that human souls after death can travel through space in a way that the living body cannot, Flammarion’s novels include dream journeys as well as the accounts of deceased friends or fictional characters.

    In his novel “Urania” (1889), Flammarion’s soul visits Mars in a dream. Upon arrival, he encounters a deceased friend, George Spero, who has been reincarnated as a winged, luminous, six-limbed being.

    “Organisms can no more be earthly on Mars than they could be aerial at the bottom of the sea,” Flammarion writes.

    Later in the same novel, Spero’s soul visits Flammarion on Earth. He reveals that Martian civilization and science have progressed well beyond Earth, not only because Mars is an older world, but because the atmosphere is thinner and more suitable for astronomy.

    Flammarion imagined that practicing and popularizing astronomy, along with the other sciences, had helped advance Martian society.

    Flammarion’s imagined Martians lived intellectual lives untroubled by war, hunger and other earthly concerns. This was the life Flammarion wanted for his fellow Parisians, who had lived through the devastation of the Franco-Prussian war and suffered starvation and deprivation during the Siege of Paris and its aftermath.

    Today, Flammarion’s Mars is a reminder that imagining a future on Mars is as much about understanding ourselves and our societal aspirations as it is about developing the technologies to take us there.

    Flammarion’s popularization of science was his means of helping his fellow Earth-bound humans understand their place in the universe. They could one day join his imagined Martians, which weren’t meant to be taken any more literally than the maps of Mars he analyzed for “The Planet Mars.” His world was an example of what life could become under the right conditions.

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

    ref. Early visions of Mars: Meet the 19th-century astronomer who used science fiction to imagine the red planet – https://theconversation.com/early-visions-of-mars-meet-the-19th-century-astronomer-who-used-science-fiction-to-imagine-the-red-planet-254005

    MIL OSI – Global Reports

  • MIL-OSI Global: Beyond de-extinction and dire wolves, gene editing can help today’s endangered species

    Source: The Conversation – USA – By Alex Erwin, Assistant Professor of Law, Florida International University

    Only a few hundred red wolves still exist, most in captivity. JeffGoulden/E+ via Getty Images

    Have you been hearing about the dire wolf lately? Maybe you saw a massive white wolf on the cover of Time magazine or a photo of “Game of Thrones” author George R.R. Martin holding a puppy named after a character from his books.

    The dire wolf, a large, wolflike species that went extinct about 12,000 years ago, has been in the news after biotech company Colossal claimed to have resurrected it using cloning and gene-editing technologies. Colossal calls itself a “de-extinction” company. The very concept of de-extinction is a lightning rod for criticism. There are broad accusations of playing God or messing with nature, as well as more focused objections that contemporary de-extinction tools create poor imitations rather than truly resurrected species.

    While the biological and philosophical debates are interesting, the legal ramifications for endangered species conservation are of paramount importance. As a legal scholar with a Ph.D. in wildlife genetics, my work focuses on how we legally define the term “endangered species.” The use of biotechnology for conservation, whether for de-extinction or genetic augmentation of existing species, promises solutions to otherwise intractable problems. But it needs to work in harmony with both the letter and purpose of the laws governing biodiversity conservation.

    All that’s left of dire wolves today are bones, like these skulls on display in a museum.
    Patrick T. Fallon/AFP via Getty Images

    Of dire wolves and de-extinction

    What did Colossal actually do? Scientists extracted and sequenced DNA from Ice Age-era bones to understand the genetic makeup of the dire wolf. They were able to piece together around 90% of a complete dire wolf genome. While the gray wolf and the dire wolf are separated by a few million years of evolution, they share over 99.5% of their genomes.

    The scientists scanned the recovered dire wolf sequences for specific genes that they believed were responsible for the physical and ecological differences between dire wolves and other species of canids, including genes related to body size and coat color. CRISPR gene-editing technology allows scientists to make specific changes in the DNA of an organism. The Colossal team used CRISPR to make 20 changes in 14 different genes in a modern gray wolf cell before implanting the embryo into a surrogate mother.

    While the technology on display is marvelous, what should we call the resulting animals? Some commentators argue that the animals are just modified gray wolves. They point out that it would take far more than 20 edits to bridge the gap left by millions of years of evolution. For instance, that 0.5% of the genome that doesn’t match in the two species represents over 12 million base pair differences.

    More philosophically, perhaps, other skeptics argue that a species is more than a collection of genes devoid of environmental, ecological or evolutionary context.

    Colossal, on the other hand, maintains that it is in the “functional de-extinction” game. The company acknowledges it isn’t making a perfect dire wolf copy. Instead it wants to recreate something that looks and acts like the dire wolf of old. It prefers the “if it looks like a duck, and quacks like a duck, it’s a duck” school of speciation.

    Disagreements about taxonomy – the science of naming and categorizing living organisms – are as old as the field itself. Biologists are notorious for failing to adopt a single clear definition of “species,” and there are dozens of competing definitions in the biological literature.

    Biologists can afford to be flexible and imprecise when the stakes are merely a conversational misunderstanding. Lawyers and policymakers, on the other hand, do not have that luxury.

    President Richard Nixon signed the Endangered Species Act in December 1973.
    Associated Press

    Deciding what counts as an endangered ‘species’

    In the United States, the Endangered Species Act is the main tool for protecting biodiversity.

    To be protected by the act, an organism must be a member of an endangered or threatened species. Some of the most contentious ESA issues are definitional, such as whether the listed species is a valid “species” and whether individual organisms, especially hybrids, are members of the listed species.

    Colossal’s functional species concept is anathema to the Endangered Species Act. It shrinks the value of a species down to the way it looks or the way it functions. When passing the act, however, Congress made clear that species were to be valued for their “aesthetic, ecological, educational, historical, recreational, and scientific value to the Nation and its people.” In my view, the myopic focus on function seems to miss the point.

    Despite its insistence otherwise, Colossal’s definitional sleight of hand has opened the door to arguments that people should reduce conservation funding or protections for currently imperiled species. Why spend the money to protect a critter and its habitat when, according to Interior Secretary Doug Burgum, you can just “pick your favorite species and call up Colossal”?

    Putting biotechnology to work for conservation

    Biotechnology can provide real conservation benefits for today’s endangered species. I suggest gene editing’s real value is not in recreating facsimiles of long-extinct species like dire wolves, but instead using it to recover ones in trouble now.

    Projects, by both Colossal and other groups, are underway around the world to help endangered species develop disease resistance or evolve to tolerate a warmer world. Other projects use gene editing to reintroduce genetic variation into populations where genetic diversity has been lost.

    For example, Colossal has also announced that it has cloned a red wolf. Unlike the dire wolf, the red wolf is not extinct, though it came extremely close. After decades of conservation efforts, there are about a dozen red wolves in the wild in the reintroduced population in eastern North Carolina, as well as a few hundred red wolves in captivity.

    Most of the tiny population of red wolves live in captivity.
    Cornell Watson for The Washington Post via Getty Images

    The entire population of red wolves, both wild and captive, descends from merely 14 founders of the captive breeding program. This limited heritage means the species has lost a significant amount of the genetic diversity that would help it continue to evolve and adapt.

    In order to reintroduce some of that missing genetic diversity, you’d need to find genetic material from red wolves outside the managed population. Right now that would require stored tissue samples from animals that lived before the captive breeding program was established or rediscovering a “lost” population in the wild.

    Recently, researchers discovered that coyotes along the Texas Gulf Coast possess a sizable percentage of red wolf-derived DNA in their genomes. Hybridization between coyotes and red wolves is both a threat to red wolves and a natural part of their evolutionary history, complicating management. The red wolf genes found within these coyotes do present a possible source of genetic material that biotechnology could harness to help the captive breeding population if the legal hurdles can be managed.

    This coyote population was Colossal’s source for its cloned “ghost” red wolf. Even this announcement is marred by definitional confusion. Due to its hybrid nature, the animal Colossal cloned is likely not legally considered a red wolf at all.

    Under the Endangered Species Act, hybrid organisms are typically not protected. So by cloning one of these animals, Colossal likely sidestepped the need for ESA permits. It will almost certainly run into resistance if it attempts to breed these “ghost wolves” into the current red wolf captive breeding program that has spent decades trying to minimize hybridization. How much to value genetic “purity” versus genetic diversity in managed species still proves an extraordinarily difficult question, even without the legal uncertainty.

    Biotechnology could never solve every conservation problem – especially habitat destruction. The ability to make “functional” copies of a species certainly does not lessen the urgency to respond to biodiversity loss, nor does it reduce human beings’ moral culpability. But to adequately respond to the ever-worsening biodiversity crisis, conservationists will need all available tools.

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

    ref. Beyond de-extinction and dire wolves, gene editing can help today’s endangered species – https://theconversation.com/beyond-de-extinction-and-dire-wolves-gene-editing-can-help-todays-endangered-species-254670

    MIL OSI – Global Reports

  • MIL-OSI: CERo Therapeutics, Inc. Announces Option Exercise for Additional Series D Financing

    Source: GlobeNewswire (MIL-OSI)

    SOUTH SAN FRANCISCO, Calif., June 06, 2025 (GLOBE NEWSWIRE) — CERo Therapeutics Holdings, Inc. (Nasdaq: CERO) (“CERo”), an innovative immunotherapy company seeking to advance the next generation of engineered T cell therapeutics that employ phagocytic mechanisms, announces that the Company has issued additional shares of its Series D Preferred Stock to certain institutional investors (the “Investors”) pursuant to the securities purchase agreement previously entered into by and between the Company and such Investors on April 22, 2025 with respect to the issuance of shares of Series D Preferred Stock for an aggregate purchase price of up to $8 million, including $5 million previously issued in April 2025 and up to $3 million issuable at the option of the Investors. The shares of Series D Preferred Stock are convertible into shares of the Company’s common stock.

    “We welcome this vote of confidence and the continued support of our investors as we continue to show progress along our clinical timeline. The completion of our first-in-human dosing represents a significant clinical development milestone in AML for CER-1236, a novel autologous CAR-T therapeutic candidate targeting TIM 4L, and we will continue to communicate results as the data matures,” said Chris Ehrlich, Chief Executive Officer.

    The gross proceeds to CERo from today’s closing are expected to be approximately $750,000, with up to $2.25 million of cash that may be funded at one or more additional closings, at the election of the Investors.  CERo intends to use the net proceeds from the offering to take advantage of the two recent FDA IND allowances in liquid and solid tumors and complete the previously announced site activation at MDACC, as well as bring other sites online quickly. 

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

    About CERo Therapeutics Holdings, Inc.

    CERo is an innovative immunotherapy company advancing the development of next generation engineered T cell therapeutics for the treatment of cancer. Its proprietary approach to T cell engineering, which enables it to integrate certain desirable characteristics of both innate and adaptive immunity into a single therapeutic construct, is designed to engage the body’s full immune repertoire to achieve optimized cancer therapy. This novel cellular immunotherapy platform is expected to redirect patient-derived T cells to eliminate tumors by building in engulfment pathways that employ phagocytic mechanisms to destroy cancer cells, creating what CERo refers to as Chimeric Engulfment Receptor T cells (“CER-T”). CERo believes the differentiated activity of CER-T cells will afford them greater therapeutic application than currently approved chimeric antigen receptor (“CAR-T”) cell therapy, as the use of CER-T may potentially span both hematological malignancies and solid tumors. In April 2025, CERo  initiated clinical trials for its lead product candidate, CER-1236,for hematological malignancies.

    Forward-Looking Statements

    This communication contains statements that are forward-looking and as such are not historical facts. This includes, without limitation, statements regarding the financial position, business strategy and the plans and objectives of management for future operations of CERo. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this communication, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “strive,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. When CERo discusses its strategies or plans, it is making projections, forecasts or forward-looking statements. Such statements are based on the beliefs of, as well as assumptions made by and information currently available to, CERo’s management.

    Actual results could differ from those implied by the forward-looking statements in this communication. Certain risks that could cause actual results to differ are set forth in CERo’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, filed on April 15, 2025, and the documents incorporated by reference therein. The risks described in CERo’s filings with the Securities and Exchange Commission are not exhaustive. New risk factors emerge from time to time, and it is not possible to predict all such risk factors, nor can CERo assess the impact of all such risk factors on its business, or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements made by CERo or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. CERo undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Contact:
    Chris Ehrlich
    Chief Executive Officer
    chris@cero.bio

    Investors:
    CORE IR
    investors@cero.bio

    The MIL Network

  • MIL-OSI Banking: Secretary-General of ASEAN meets with CEO of the Agence Française De Développement (AFD), in Paris

    Source: ASEAN – Association of SouthEast Asian Nations

    While in Paris, France, Secretary-General of ASEAN, Dr. Kao Kim Hourn, today met with Mr. Remy Rioux, Chief Executive Officer (CEO) of the Agence Française De Développement, (AFD), the French development agency, on 6 June 2025. SG Dr. Kao expressed his appreciation for AFD’s role in supporting the implementation of various projects under the ASEAN-France Development Partnership. Both sides also exchanged views on ways to further advance ASEAN-France cooperation.

    The post Secretary-General of ASEAN meets with CEO of the Agence Française De Développement (AFD), in Paris appeared first on ASEAN Main Portal.

    MIL OSI Global Banks

  • MIL-OSI Russia: Financial news: On the 100th anniversary of the All-Russian Society of the Blind (06.06.2025)

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    The All-Russian Society of the Blind (VOS) today unites more than 185 thousand people and helps them overcome difficulties, protect their rights and live interesting, fulfilling lives.

    On June 9, 2025, the Bank of Russia will issue into circulation a commemorative silver coin of 3 rubles denomination “100th Anniversary of the All-Russian Society of the Blind” from the “Historical Events” series (catalog No. 5111-0520).

    The silver coin with a face value of 3 rubles (pure precious metal weight – 31.1 g, alloy fineness – 925) has the shape of a circle with a diameter of 39.0 mm.

    There is a raised edge around the circumference of both the front and back sides of the coin.

    On the obverse of the coin there is a relief image of the State Emblem of the Russian Federation, the inscriptions “RUSSIAN FEDERATION”, “BANK OF RUSSIA”, the coin denomination “3 RUBLES”, the date “2025”, the designation of the metal according to the Periodic Table of Elements of D.I. Mendeleyev, the alloy fineness, the trademark of the St. Petersburg Mint and the pure mass of the precious metal.

    On the reverse side of the coin there is a colored relief logo of the All-Russian Society of the Blind; a relief inscription “100 years” in Braille; at the bottom there is a relief inscription in two lines “100 YEARS”. Above the VOS logo there is a QR code made using the laser matting technique. When you point the smartphone camera at it, the official VOS website opens, where you can get information about the coin using audio description.

    The side surface of the coin is ribbed.

    The coin is made in proof quality.

    The mintage of the coin is 5.0 thousand pieces.

    The issued coin is a legal tender in the territory of the Russian Federation and must be accepted at face value for all types of payments without restrictions.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //vv. KBR.ru/Press/PR/? File = 638847412789745027KOins.HTM

    MIL OSI Russia News

  • MIL-OSI Global: Why the Musk and Trump relationship is breaking down – a psychologist explains

    Source: The Conversation – UK – By Geoff Beattie, Professor of Psychology, Edge Hill University

    It is not a good break-up. These were always two big beasts used to getting their own way. Two alpha males, if you like the evolutionary metaphor, trying to get along. And now the Donald Trump and Elon Musk relationship is in meltdown.

    Who could forget that iconic image from just a few short weeks back? Elon Musk standing behind the seated the US president, Donald Trump, in the Oval Office, towering over him. Trump, his hands clasped, having to turn awkwardly to look up at him. That silent language of the body. Musk accompanied by his four-year old, a charming and informal image, or that great evolutionary signal of mating potential and dominance, depending on your point of view.

    These were also clearly two massive narcissistic egos out in their gleaming open-top speedster. Musk was appointed special advisor to Trump, heading the Department of Government Efficiency, cutting excess and waste. The backseat driver for a while.

    There were a lot of bureaucratic casualties already, road kill at the side of the highway as the sports car roared on with frightening speed. But things were always going to be difficult if they hit a bump in the road. And they did. Perhaps, more quickly than many had imagined.


    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.


    There were differing views on what caused the crash. Many pointed to the dramatic fall in the sales of Tesla, a 71% fall in profits in one quarter, and the inevitable impact on Musk’s reputation. And yesterday Tesla shares were falling even faster, as investors panicked. The attacks on Tesla showrooms couldn’t have helped either.

    Others pointed to Trump’s proposed removal of the tax credit for owners of electric vehicles, or the political backlash in Washington over Space X’s potential involvement in Trump’s proposed “golden dome” anti-missile defense system.

    However, according to former White House strategist Steve Bannon, what really caused the crash was when the president refused to show Musk the Pentagon’s attack plans for any possible war with China. There’s only so far being the president’s best buddy can get you. Bannon is reported as saying: “You could feel it. Everything changed.” That, according to Bannon, was the beginning of the end.




    Read more:
    Trump sees himself as more like a king than president. Here’s why


    Elon Musk has criticised Trump’s ‘big, beautiful bill’.

    So now we watch Trump and Musk stumbling away from the crash scene. One minute Trump is putting on a show for the cameras. He’s beaming away and introducing the “big, beautiful bill”, a budget reconciliation bill that rolls together hundreds of controversial proposals. Next, he is accusing Musk of “going crazy” and talking about withdrawing government contracts from the Musk empire.

    Musk is unhappy too. “I’m sorry, but I just can’t stand it anymore. This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination,” he wrote on X. “Shame on those who voted for it: you know you did wrong.”

    Rejection and repositioning

    He says he’s disgusted by the bill. Disgust is one of the most primitive of all the emotions. A survival mechanism – you must avoid what disgusts you. He’s social signalling here, alerting others, warning them that there’s something disgusting in the camp.

    Musk is highly attuned to public perception, perhaps even more so than Trump (which is saying something). With his acquisition of X (formerly Twitter), Musk was able to direct (and add to) online discourse, shaping public conversations.

    Psychologically, Musk’s rejection of Trump is an attempt to simultaneously elevate himself and diminish the man behind the bill. He can call out the president’s action like nobody else. He is positioning himself anew as that free thinker, that risk taker, innovative, courageous, unfettered by any ties. That is his personality, his brand – and he’s reasserting it.

    Trump on Musk’s criticism of the ‘big beautiful bill’

    But it’s also a vengeful act. And it’s perhaps reminiscent of another political insider (and geek), former Downing Street adviser Dominic Cummings, who was sacked by the then UK prime minister, Boris Johnson, in 2020. Cummings was accused of masterminding leaks about the social gatherings in Downing Street.

    He went on to criticise Johnson as lacking the necessary discipline and focus for a prime minister as well as questioning his competence and decision-making abilities. The revenge of a self-proclaimed genius.

    And revenge is sweet. In a 2004 study, researchers scanned participants’ brains using positron emission tomography (PET) – a medical imaging technique that is used to study brain function (among other things) – while the participants played an economic game based on trust. When trust was violated, participants wanted revenge, and this was reflected in increased activity in the reward-related regions of the brain, the dorsal striatum.

    Revenge, in other words, is primarily about making yourself feel better rather than righting any wrongs. Your act may make you appear moral but it may be more selfish.

    But revenge for what here? That’s where these big narcissistic egos come into play.

    Psychologically, narcissists are highly sensitive to perceived slights – real or imagined. Musk may have felt Trump was attempting to diminish his achievements for political gain, violating this pact of mutual respect. This kind of sensitivity can quickly transmogrify admiration into contempt.

    Contempt, coincidentally, is the single best predictor of a breakdown in very close relationships.

    Disgust and contempt are powerful emotions, evolving to protect us – disgust from physical contamination (spoiled food, disease), and contempt from social or moral contamination (betrayal, incompetence). Both involve rejection – disgust rejects something physically; contempt rejects something socially or morally. Musk may be giving it to Trump with both barrels here.

    Break-ups are always hard, they get much harder when emotions like these get intertwined with the process.

    But how will the most powerful man in the world respond to this sort of rejection from the richest man in the world? And where will it end?

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

    ref. Why the Musk and Trump relationship is breaking down – a psychologist explains – https://theconversation.com/why-the-musk-and-trump-relationship-is-breaking-down-a-psychologist-explains-258213

    MIL OSI – Global Reports

  • MIL-OSI Global: US state passes law allowing experimental drugs to be prescribed – a model for the future?

    Source: The Conversation – UK – By Dipa Kamdar, Senior Lecturer in Pharmacy Practice, Kingston University

    fizkes/Shutterstock.com

    The US state of Montana has become the first in the country to let patients try experimental drugs – even if they are not terminally ill.

    The new law allows doctors to refer patients to licensed “experimental treatment centres”, where they can access drugs that have only passed phase 1 clinical trials – the earliest stage of testing in humans.

    This goes far beyond existing federal law, which only allows terminally ill patients to access such drugs under the Right to Try Act, passed in 2017.

    Montana already had a fairly permissive right to try law, which was originally designed to let terminally ill patients access treatments that hadn’t yet received full approval by the drug regulator.

    In 2023, that law was expanded to include patients with any medical condition. The latest law goes even further, creating a formal system for clinics to offer these experimental treatments.

    According to an article in MIT Technology Review, the new law was shaped and promoted by a group of longevity advocates – a mix of scientists and influencers who are focused on extending human life.


    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.


    Before new medicines reach the market, they usually go through several stages of testing. A phase 1 trial is the first step in human studies and is designed to find a safe dose and spot early side-effects. It typically involves a small group – between 20 and 100 people – and does not prove the drug works.

    Only around 12% of drugs that enter phase 1 trials go on to gain full approval. Many fail due to safety issues or lack of effectiveness.

    Montana’s new law allows access to these early-stage treatments with a doctor’s recommendation – even for patients who are not terminally ill. Clinics must be licensed as experimental treatment centres, and 2% of their profits must be used to help low-income patients access these therapies.

    Supporters say it gives people more control over their own health and could help boost innovation in areas like cancer, neurodegenerative disease and age-related decline. There is also hope it could turn Montana into a destination for medical tourism, attracting biotech investment.

    But critics warn that the move could put vulnerable patients at risk.

    Drugs in phase 1 trials may be safe enough to test – but their long-term effects are still unknown, and they may not work. There are also concerns over whether insurers will cover complications, since the drugs are not approved. Legal protections for both patients and doctors remain unclear.

    Longevity advocates could use the new law to try experimental anti-ageing drugs.
    Hyejin Kang/Shutterstock.com

    The situation in other countries

    Elsewhere in the world, access to experimental drugs is more tightly controlled.

    In the UK, experimental drugs are usually only available through formal clinical trials or special “compassionate use” requests – all subject to strict oversight by regulators like the Medicines and Healthcare products
    Regulatory Agency
    and the Health Research Authority.

    The same applies across the EU, where compassionate use is typically limited to drugs in later stages of testing.

    Japan has a similar system, called “expanded access clinical trials”, which also limits use to drugs already in phase 2 or beyond.

    And in South America, some countries allow patients to keep receiving experimental drugs after trials end – but not to start them outside of a trial.

    Montana’s decision marks a bold new approach in the continuing debate over patient rights. It raises big questions about safety, ethics, regulation and the role of government in balancing innovation with public health. It could end up being a model for other states – or a cautionary tale.

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

    ref. US state passes law allowing experimental drugs to be prescribed – a model for the future? – https://theconversation.com/us-state-passes-law-allowing-experimental-drugs-to-be-prescribed-a-model-for-the-future-256991

    MIL OSI – Global Reports

  • MIL-OSI Global: Six TV moments that changed British LGBTQ+ history – and what we can learn from them

    Source: The Conversation – UK – By Kate McNicholas Smith, Lecturer in Television Theory, University of Westminster

    The past two decades have seen a notable rise in LGBTQ+ representation on TV. Recent shifts, however, seem to threaten that progress. LGBTQ+ characters continue to meet tragic ends on screen – while off-screen, queer shows are being cancelled, media companies in the US have joined others in rolling back DEI initiatives and anti-LGBTQ+ violence is on the rise.

    At this critical moment, it feels apt to take a look back at some of the moments that made British LGBTQ+ TV history, exploring why they mattered and what we can learn from them.


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    1. Man Alive (1967)

    In June 1967, the BBC documentary and current affairs series Man Alive focused two episodes on homosexuality. These episodes featured interviews with gay men and lesbian women about their lives and experiences, and how society treats them.

    The episode on “the women” featured an interview set in The Gateways club, a long-running lesbian nightclub on the Kings Road in west London (it closed in 1985). The Gateways also appeared in 1968 film, The Killing of Sister George, one of the first mainstream film representations of lesbian characters.

    ‘The Women’ episode of Man Alive.

    The month after the Man Alive documentaries aired, the Sexual Offences Act legalised homosexual acts between men over the age of 21 in England and Wales, so long as they took place consensually and in private.

    Documentaries such as these took an outside-looking-in approach to the subject matter, but nonetheless addressed the significant (albeit limited) shifts seen in this period.

    2. Girl (1974)

    In 1974, an episode of BBC Birmingham’s anthology series Second City Firsts featured the first kiss between two women on British television. The post-watershed television play portrayed a past relationship between Myra Francis’ army corporal, Chrissie, and Alison Steadman’s recruit Jackie. While this is no happily-ever-after romance, happier flashbacks do show the two women in bed together – a brief, but radical for its time, representation of queer intimacy.

    The broadcast was, unsurprisingly, controversial and was preceded by a special announcement from the controller of BBC. The rights of LGBTQ+ people in the military later became a major campaign, with the ban on openly gay and lesbian people serving lifted in the UK in 2000.

    Notably, fights for LGBTQ+ rights in the military demand equality, but also raise questions around the kinds of inclusions LGBTQ+ people are fighting for. As many activists and writers have argued, LGBTQ+ rights can be co-opted in ways that include some but exclude others, or justify other oppressive forces (for example in what is often referred to as pinkwashing).

    3. Lesbian activists protest Section 28 on the six o’clock news (1988)

    In May 1988, Margeret Thatcher’s Conservative government brought in Section 28: legislation that prohibited local authorities and schools from “promoting” homosexuality, reflecting the powerful anti-LGBTQ+ prejudice of the period.

    The lesbian protestors remember the moment they stormed the studio.

    The evening before the legislation was passed in parliament, a group of lesbian activists interrupted the live broadcast of the six o’clock news. As one of the protesters, Booan Temple, reflected: “By getting on the news, we would be the news.”

    The bill still passed, and Section 28 remained in place until 2000 in Scotland, and 2003 in England and Wales, but the power of LGBTQ+ resistance was palpable. Looking back today, there are worrying echoes of the moral panics of the 1980s to be found in the current climate.

    4. The Brookside kiss (1994)

    In 1985, Gordan Collins (Mark Burgess) came out on Channel 4’s popular soap opera, Brookside – making him the first openly gay character on a British television series. Five years later the soap featured the first pre-watershed kiss between two women, when Beth Jordache (Anna Friel) kissed Margaret Clemence (Nicola Stephenson).

    Anna Friel looks back on her lesbian kiss scene from Brookside.

    The kiss was so culturally significant that it later featured in Danny Boyle’s 2012 Olympics Opening Ceremony. Just one year after the episode, however, Beth died off screen in prison, an example of the “bury your gays” trope (where LGBTQ+ characters are frequently killed off in TV and film).

    Meanwhile, 1994 also saw Eastenders introduce Della Alexander (Michelle Joseph), the soap’s first lesbian and one of the first Black LGBTQ+ characters on British television. Della and girlfriend Binnie departed the soap a year later.

    Bisexual actor Pam St Clement, who played Eastenders matriarch Pat Butcher reflected: “Having given themselves that brief, they didn’t know what the fuck to do with it.”

    5. Coronation Street’s Hayley Cropper (1998)

    In 1998 it was Coronation Street’s turn to make LGBTQ+ TV history, when the ITV soap introduced Hayley Cropper (Julie Hesmondhalgh), a transgender woman initially intended for a comic “bad date” storyline.

    Julie Hesmondhalgh reflecting on Hayley Cropper’s ‘coming out’ scene many years later.

    Following criticism from trans activists, ITV recruited trans actress Annie Wallace as a research assistant to work with Hesmondhalgh on the role. In 2015, Wallace joined Hollyoaks, becoming the first transgender person to play a regular transgender character on a British soap opera.

    Hayley went on to exceed her problematic origins and win the hearts of audiences, educating them, as she did so, on the prejudices and legal barriers trans people faced. Hesmondhalgh, a trans ally and supporter of the charity Trans Media Watch, has, however, reflected that, as a cis actor, she “definitely wouldn’t take it” if the role was offered to her today.

    6. Queer as Folk (1999)

    Back on Channel 4, 1999 saw the broadcast of another groundbreaking show: Queer as Folk, written by Russell T Davies. Based around Manchester’s gay village, Queer as Folk broke boundaries with an unapologetic portrayal of the lives, loves and lusts of a group of queer characters.

    From explicit sex scenes to queer family making, the series’ represented LGBTQ+ lives in previously unseen ways. This radical visibility was, however, largely limited to white gay male characters – reflecting longstanding inequalities in media representation.

    The trailer for Queer as Folk.

    In later work, Davies has represented a more diverse spectrum of LGBTQ+ experience. Returning to Manchester’s queer scene again in 2015, anthology series Banana (2015) began with the story of Dean, a young Black gay man portrayed by British Nigerian actor Fisayo Akinade, and featured Bethany Black as the first trans actor to play a trans role in a British series (a few months before Annie Wallace joined Hollyoaks).

    The following years have seen more, and more diverse, examples of LGBTQ+ representation on TV. But tired tropes and exclusions continue, and the power of representation to shape possibilities, protections and prejudices is more pressing than ever.

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

    ref. Six TV moments that changed British LGBTQ+ history – and what we can learn from them – https://theconversation.com/six-tv-moments-that-changed-british-lgbtq-history-and-what-we-can-learn-from-them-258126

    MIL OSI – Global Reports

  • MIL-OSI Video: So, you want to be a U.S. Army Ranger? | The Creed: Ranger School | Army Lethality

    Source: US Army (video statements)

    Witness the journey as several U.S. Army Soldiers attempt to complete one of the Army’s most challenging tasks: being accepted into the U.S. Army Ranger School.

    About the U.S. Army:
    The Army Mission – our purpose – remains constant: To deploy, fight and win our nation’s wars by providing ready, prompt & sustained land dominance by Army forces across the full spectrum of conflict as part of the joint force.

    Interested in joining the U.S. Army?
    Visit: https://www.goarmy.com/?iom=BNL7-22-0029_N_OSOC_OCPA_AL_ocpagen_xx_xx

    Connect with the U.S. Army online:
    Web: https://www.army.mil
    Facebook: https://www.facebook.com/USarmy/
    Twitter: https://twitter.com/USArmy
    Instagram: https://www.instagram.com/usarmy/
    LinkedIn: https://www.linkedin.com/company/us-army
    Flickr: https://www.flickr.com/photos/soldiersmediacenter

    #USArmy

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

    MIL OSI Video

  • MIL-OSI Banking: RBI approves the voluntary amalgamation of The Adinath Co-operative Bank Ltd., Surat, Gujarat with Shri Vinayak Sahakari Bank Ltd., Ahmedabad, Gujarat

    Source: Reserve Bank of India

    The Reserve Bank of India, in exercise of the powers conferred under sub-section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949, has sanctioned the Scheme of Amalgamation of The Adinath Co-operative Bank Ltd., Surat, Gujarat with Shri Vinayak Sahakari Bank Ltd., Ahmedabad, Gujarat. The Scheme will come into force with effect from June 09, 2025 (Monday). All the branches of The Adinath Co-operative Bank Ltd., Surat, Gujarat will function as branches of Shri Vinayak Sahakari Bank Ltd., Ahmedabad, Gujarat with effect from June 09, 2025.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/503

    MIL OSI Global Banks

  • MIL-OSI Russia: Belarusbank approved as a full member of the SCO Interbank Association

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    Beijing, June 6 (Xinhua) — Belarusbank was approved as a full member of the Interbank Association of the Shanghai Cooperation Organization (IBA) following the 21st meeting of the Council.

    Speaking at the meeting held at the China Development Bank headquarters in Beijing on Thursday, participants expressed their willingness to provide high-quality financial services to jointly build a more beautiful SCO common home.

    As an important platform for regional financial cooperation, the SCO IBC should further intensify cooperation between its member banks in the areas of infrastructure connectivity, scientific and technological innovation, industrial modernization, green and low-carbon development, and digital economy, continuously deepen humanitarian exchanges, and strengthen mutual trust and understanding, the meeting participants said.

    The SCO Interbank Association was established in October 2005. Its activities are aimed at supporting economic cooperation in the SCO region. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: The 9th China-South Asia Expo will strengthen regional cooperation

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    BEIJING, June 6 (Xinhua) — The 9th China-South Asia Expo will be held from June 19 to 24 in Kunming, capital of southwest China’s Yunnan Province, an official with China’s Ministry of Commerce announced Friday.

    Jointly organized by the aforementioned department and the people’s government of Yunnan Province, the exhibition will be one of the most important events this year in the field of economic and trade exchanges between China and South Asian countries, Chinese Vice Minister of Commerce Yan Dong said at a press conference.

    According to him, in 2024, trade turnover between China and South Asian countries will approach US$200 billion, doubling over the past decade.

    He noted that investment cooperation had also yielded fruitful results, noting that flagship projects had become the main drivers of regional growth.

    China will work closely with South Asian countries to align development strategies, expand cooperation in new areas such as the digital economy, low-carbon development and smart manufacturing, and support the region’s industrialization.

    Li Chaowei, director of the Yunnan Provincial Bureau of Commerce, said this year’s expo will be more international, professional and market-oriented, adding that more than 1,400 enterprises from 54 countries and regions have confirmed their participation.

    The expo will feature 11 themed pavilions covering key industries such as advanced manufacturing, clean energy and modern agriculture. About 1,000 professional buyers are expected to attend the event, Li Chaowei added. -0-

    MIL OSI Russia News

  • MIL-OSI: Dimensional Fund Advisors Ltd. : Form 8.3 – EMPIRIC STUDENT PROPERTY PLC – Ordinary Shares

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1. KEY INFORMATION  
       
    (a) Full name of discloser: Dimensional Fund Advisors Ltd. in its capacity as investment advisor and on behalf its affiliates who are also investment advisors (”Dimensional”). Dimensional expressly disclaims beneficial ownership of the shares described in this form 8.3.  
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
       
    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:
    Use a separate form for each offeror/offeree
    Empiric Student Property PLC  
    (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    
    (e) Date position held/dealing undertaken:
    For an opening position disclosure, state the latest practicable date prior to the disclosure
    05 June 2025  
    (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
    If it is a cash offer or possible cash offer, state “N/A”
    YES
    UNITE Group PLC/The
     
       
    2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE  
       
    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.  
    (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)  
       
    Class of relevant security: 1p ordinary (GB00BLWDVR75)  
      Interests Short Positions  
      Number % Number %  
    (1) Relevant securities owned and/or controlled: 8,459,352 1.27 %      
    (2) Cash-settled derivatives:          
    (3) Stock-settled derivatives (including options) and agreements to purchase/sell:          
      Total 8,459,352 * 1.27 %      
    * Dimensional Fund Advisors LP and/or its affiliates do not have discretion regarding voting decisions in respect of 25,066 shares that are included in the total above.  
       
    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

     
       
       
    (b) Rights to subscribe for new securities (including directors’ and other employee options)  
       
    Class of relevant security in relation to which subscription right exists:    
    Details, including nature of the rights concerned and relevant percentages:    
       
    3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE  
       
    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

     
    (a) Purchases and sales  
       
    Class of relevant security Purchase/sale Number of securities Price per unit  
    1p ordinary (GB00BLWDVR75) Sale 63,523 .9958 GBP  
       
    (b) Cash-settled derivative transactions  
       
    Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit  
               
       
    (c) Stock-settled derivative transactions (including options)
     
    (i) Writing, selling, purchasing or varying
     
    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit
                   
       
    (ii) Exercise  
       
    Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit  
               
       
    (d) Other dealings (including subscribing for new securities)  
                 
    Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable)  
             
       
    4. OTHER INFORMATION  
       
    (a) Indemnity and other dealing arrangements  
       
    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”
     
    None  
       
    (b) Agreements, arrangements or understandings relating to options or derivatives  
       
    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i) the voting rights of any relevant securities under any option; or
    (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”
     
    None  
       
    (c) Attachments  
       
    Is a Supplemental Form 8 (Open Positions) attached? NO  
       
    Date of disclosure 06 June 2025  
    Contact name Thomas Hone  
    Telephone number +44 20 3033 3419  
       

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI: 21Shares welcomes FCA’s decision to open retail access to Crypto ETNs

    Source: GlobeNewswire (MIL-OSI)

    The decision paves the way for broader digital asset adoption in the UK

    London, 6 June 2025 – 21Shares, one of the world’s leading issuers of cryptocurrency exchange-traded products (ETPs) and the first to list crypto ETNs on the London Stock Exchange (LSE), welcomes the Financial Conduct Authority’s (FCA) announcement today proposing to lift the ban on offering crypto exchange-traded notes (cETNs) to UK retail investors.

    The proposal aims to support innovation and competitiveness in the UK’s digital asset sector while ensuring robust investor protection. Crypto ETNs are already widely accessible to retail investors in other major jurisdictions across Europe, and this change would bring the UK into alignment with global best practice.

    “This is a landmark moment for the UK digital asset market,” said Russell Barlow, CEO of 21Shares. “We fully support the FCA’s move to provide regulated access to crypto ETNs for retail investors. Retail investors in the UK deserve cost effective, efficient and regulated access to the digital asset economy. This consultation represents real progress towards that goal and affirms the FCA’s commitment to balancing innovation with investor protection as well as the UK’s position as a leading global financial centre.”

    In 2024, 21Shares listed the first physically-backed crypto ETNs on the London Stock Exchange, providing professional investors in the UK with regulated access to digital assets. Today’s announcement, which marks a reversal of the FCA’s initial 2021 ban on retail access to crypto derivatives and ETNs, paves the way for retail investors to participate via the same trusted, transparent instruments.

    21Shares looks forward to engaging constructively with the FCA and market stakeholders throughout the consultation process. The firm stands ready to support the expansion of regulated crypto access to retail investors with its comprehensive suite of physically backed ETPs, which includes exposure to Bitcoin and Ethereum.

    Notes to editors

    About 21Shares

    21Shares is one of the world’s leading cryptocurrency exchange traded product providers and offers the largest suite of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21Shares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto exchange-traded funds that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialized research team, proprietary technology, and deep capital markets expertise, 21Shares delivers innovative, simple and cost-efficient investment solutions.

    21Shares is a member of 21.co, a global leader in decentralized finance. For more information, please visit www.21Shares.com

    Media Contact
    Matteo Valli
    matteo.valli@21shares.com

    DISCLAIMER

    This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.

    This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

    This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.

    Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

    Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com.

    The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.

    This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2024 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with BX Swiss AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2024 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

    ###

    The MIL Network

  • MIL-OSI: Pocket-Sized Gold Mine: Bitcoin Solaris Nova App Lets Anyone Build Crypto Wealth From Their Phone

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, June 06, 2025 (GLOBE NEWSWIRE) — In the early days of crypto, mining was reserved for the technically elite. Specialized rigs, high electricity bills, and complex setups created a wall between everyday people and the wealth being generated behind blockchain technology. Fast forward to 2025, and Bitcoin Solaris is tearing down that wall, placing the power of crypto mining directly into the palm of your hand.

    This isn’t just another blockchain project promising change. Bitcoin Solaris (BTC-S) is delivering it through innovation, accessibility, and mobile-first scalability. BTC-S is powered by a dual-layered, dual-consensus system—combining Proof-of-Work (PoW) with Delegated Proof-of-Stake (DPoS) to ensure both security and efficiency. This architecture allows BTC-S to achieve lightning-fast 10,000+ transactions per second while keeping its network highly decentralized and secure.

    But the real revolution is in how it’s mined—and who can mine it.

    Your Phone Is Now a Mining Rig

    At the core of this disruption is the upcoming Solaris Nova App—an intuitive, cross-platform mining tool that lets anyone start earning from their smartphone, desktop, or even a browser. Mining has never been this simple:

    • Cross-device compatibility: Supports ASICs, GPUs, laptops, and smartphones.
    • One-click setup: No coding, no wallet configuration—just tap and go.
    • Real-time wallet rewards: Earnings are visible immediately.
    • Adaptive algorithms: Optimizes based on device specs for peak performance.
    • Energy efficiency: Consumes 99.95% less energy than traditional mining.

    Even more impressive? Bitcoin Solaris has baked in end-to-end encryption, biometric logins, remote wipe capabilities, and gamified features like achievements and leaderboards, making it secure, fun, and inclusive.

    Build Wealth, Stake, and Grow with Liquid Staking

    Bitcoin Solaris doesn’t stop at mining. It also enables liquid staking, allowing users to earn passive income without locking up their assets. When users stake BTC-S, it’s instantly converted into sBTC-S at a 1:1 ratio.

    That means you can:

    • Trade your staked tokens freely.
    • Use them in DeFi protocols like lending or liquidity pools.
    • Participate in governance without losing yield.

    Best of all, liquid staking is fully integrated into the Solaris Nova App. Validator selection is automated, the UI is beginner-friendly, and the security framework ensures peace of mind.

    BTC-S’s model improves both decentralization and capital efficiency, letting your assets work for you from day one.

    Mining Has Evolved—BTC-S Puts It in Your Pocket

    Why Everyone’s Talking About It

    With mobile mining and staking at the center of its offering, it’s no surprise that over 11,000 users have joined the presale so far. And with just around 8 weeks left in the sale, interest is only accelerating.

    • Current Price: $6
    • Next Phase: $7
    • Launch Price: $20
    • Bonus: 10%

    It’s not just retail investors taking notice. Crypto Royal recently published a detailed review of Bitcoin Solaris, praising the project’s smart tech and accessibility. As more influencers weigh in, the momentum continues to build.

    Security Backed by Real Audits and Transparency

    What sets Bitcoin Solaris apart from many crypto projects is its commitment to trust and transparency. It’s passed not one, but two major audits—by Cyberscope and Freshcoins. Plus, the team has completed full KYC verification, further proving it’s here to stay.

    And as excitement continues to spread, you can track updates, join discussions, and be part of the movement on the project’s Telegram and X channels.

    Conclusion: Crypto Wealth Isn’t Reserved for the Elite Anymore

    Bitcoin Solaris is more than a token—it’s a technology shift. It brings together power, speed, and inclusivity in a way the industry has never seen before. Through the exciting release of the Solaris Nova App, anyone—from students to working professionals—can mine, stake, and grow their wealth without needing expensive rigs or deep technical knowledge.

    If you ever felt like you were late to Bitcoin, this is your second chance—but built for the mobile era. And this time, all it takes is the phone in your pocket.

    For more information on Bitcoin Solaris:
    Website: https://www.bitcoinsolaris.com/
    Telegram: https://t.me/Bitcoinsolaris
    X: https://x.com/BitcoinSolaris

    Media Contact
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

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

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

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d739c1d8-bf44-4613-98db-a0a9a1b7d406

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9558b08c-1899-46df-abd3-645b8bab93fc

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2d48ac37-9804-4c91-bf62-80c7cbb8b91c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4ed5abb4-6665-4ab6-bac1-21434862c0ec

    The MIL Network

  • MIL-OSI Russia: Artificial Intelligence in Construction. ISI Students Developed the IMPULSE Complex

    Translation. Region: Russian Federal

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    The team of the Civil Engineering Institute has developed a unique software package “IMPULSE” for automated classification of elements of digital information models (DIM) based on artificial intelligence technologies. The use of a PC allows to significantly reduce labor costs at the stages of classification and coding of data in DIM, as well as to speed up and simplify the process of assigning codes and attributes to elements of the information model.

    The project is interdisciplinary. The development was carried out by the Civil Engineering and Physics and Mechanical Institutes of SPbPU, whose specialists combined engineering competencies in the field of construction modeling and computational methods. Technical manager – Pavel Nedviga.

    Students from two institutes took part in the project. This collaboration provided a unique opportunity not only to develop the technical aspects of the product, but also to develop skills in working with modern digital technologies in young specialists. The PhysMech team was led by Vyacheslav Chukanov, a senior lecturer at the Higher School of Applied Mathematics and Computational Physics.

    The work lasted for two and a half years. The final stage was the inclusion of the PC “IMPULSE” in the Unified Register of Russian programs for electronic computers and databases with a special mark indicating that the software belongs to the field of artificial intelligence. The registration of the program confirms its compliance with the requirements for domestic software and its importance for the construction industry.

    The project partners were GC Pioneer, a development company implementing large-scale housing and infrastructure projects, and the State Expertise Center, an organization that carries out an independent assessment of the quality of project documentation.

    The IMPULSE PC is actively used in the educational process within the Digital Departments project. ISI students master the software package as part of their practical training and apply artificial intelligence mechanisms. The total number of such students has exceeded 350 people.

    Currently, “IMPULSE” is successfully used by design organizations that turn to BIM modeling technologies. The program has proven highly effective in the educational process and project practice.

    The use of artificial intelligence technologies allows to significantly reduce labor costs of certain types of work and operations in the process of developing design documentation and to increase the efficiency of design work. Thanks to the use of the software package “IMPULSE”, design engineers will be more focused on expert work, eliminating the need to perform routine tasks, such as manual classification of elements of the information model and assigning codes and classes to them. At the moment, the product is unique and has no analogues in the world, – noted the director of the Civil Engineering Institute Marina Petrochenko.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-Evening Report: Jeremy Rose: Mister Netanyahu have you no sense of decency?

    Report by Dr David Robie – Café Pacific.

    COMMENTARY: By Jeremy Rose

    The word antisemitism has become so debased that depending on who is using it I might well take it as a sign that the accused is worth listening to.

    When the World Criminal Court (ICC) issued a warrant for Benjamin Netanyahu’s arrest, he responded by saying the court was being antisemitic. One of the court’s legal advisers was Theodor Meron, a former Israeli ambassador and legal adviser who spent a chunk of his childhood in a Nazi concentration camp.

    Last month, Netanyahu declared the leaders of France, the UK and Canada of fuelling antisemitism.

    Their “crime”? Threatening “concrete action” against Israel if it continues its “egregious” blockade of aid entering Gaza.

    Egregious not genocidal. And the concrete action referred to wasn’t sanctions or a full arms embargo but stalling free trade talks.

    The bitter irony is that with none of those countries having yet imposed a complete ban on arms exports to Israel they are all in a sense fuelling a genocide.

    The Army-McCarthy hearings
    We’re coming up to the 71st anniversary of the Army-McCarthy hearings where an army lawyer, Joseph Welch, rebuked Senator Joseph McCarthy with the famous line: “Have you no sense of decency, sir, at long last?”

    We’ll be waiting a long time for the wanted war criminal Netanyahu to show any decency, but could we be approaching a tipping point where the establishment finally calls off a witch hunt after realising no one is safe from false accusations.

    The McCarthyite red scare, which began in the late 1940s, saw more than 2000 federal workers sacked, thousands of academics, teachers, and union members pressured or forced to resign due to anti-communist policies, and up to 500 Hollywood directors and actors blacklisted for being leftwing or refusing to name names.

    Welch’s rebuke was triggered by none of that. It was McCarthy turning his metaphorical guns onto the military implying he would expose high ranking army personnel that saw the army lawyer return fire.

    The conflating of criticism of Israel with antisemitism has been spectacularly successful in making any criticism of Israel a potentially career ending move. Three Ivy League presidents have been pushed out of their jobs for failing to crack down hard enough on students protesting the brutality of Israel’s ongoing genocide.

    UK Labour leader Jeremy Corbyn, whose popularity had seen the party become the biggest political movement in Europe, was toppled in 2016 after bogus accusations of antisemitism.

    In the purge of the Labour Party that followed Jews were five times more likely to be investigated for antisemitism than goys.

    It’s the same story in Germany where Jews feature prominently among those cancelled for alleged antisemitism. Renowned professor of Jewish studies Peter Schäfe was forced to resign as the director of Berlin’s Jewish Museum after it retweeted a post critical of Germany’s anti-Boycott, Divestment and Sanctions (BDS) resolutions.

    Greece’s former Finance Minister Yanis Varoufakis — not a Jew — has been banned from Germany or even appearing via Zoom for this response, on 8 October 2023, to being asked if he condemned Hamas:

    “I condemn every single atrocity, whomever is the perpetrator or the victim. What I do not condemn is armed resistance to an apartheid system designed as part of a slow-burning, but inexorable, ethnic cleansing programme.
    As a European, it is important to refrain from condemning either the Israelis or the Palestinians when it is us, Europeans, who have caused this never-ending tragedy: after practising rabid anti-Semitism for centuries, leading up to the uniquely vile Holocaust, we have been complicit for decades with the slow genocide of Palestinians, as if two wrongs make one right.”

    That nuanced response, with its acknowledgement of the dreadful legacy of real antisemitism, has not only seen him banned from speaking — in person or virtually — but dropped by his German publisher.

    Antisemitism is often referred to as the oldest hatred — with good reason — but the word itself is relatively recent.

    A ‘scientific’ word for an old hatred
    Nineteenth century German journalist, Wilhelm Marr, popularised the term in a pamphlet the title of which translates as: The way to victory of Germanism over Judaism.

    What distinguished antisemitism from the commonly used Judenhass — or Jewish hate — was the idea that it was a Jew’s race not their religion that was deserving of hate.

    Antisemitism was a prejudice proud to speak its name. It was respectable in a way that religious intolerance wasn’t. Prominent professors and politicians happily declared themselves antisemites and adherents of “scientific racism”.

    It was an old idea dressed up in new clothing. Fifteenth century Spain passed Limpieza de Sangre (cleanliness of blood) statutes to allow discrimination against Jewish and Muslim converts to Christianity.

    The Judeo-Christian civilisational conflict with Islam, often referred to by right-wing supporters of Israel, is a relatively new construct. When the Jews were expelled from Spain, the Ottomans sent ships to take them to new homes in Istanbul, Thessaloniki and Izmer.

    Times change and while it was once possible — even common — to be a respectable antisemite and scientific racist but frowned upon to discriminate based on religious belief, now the reverse is true.

    So-called new atheists like Sam Harris and Richard Dawkins declare all religions bad but Islam worse.

    “Listening to the lovely bells of Winchester, one of our great mediaeval cathedrals. So much nicer than the aggressive sounding “Allahu Akhbar.” Or is that just my cultural upbringing?” Dawkins once tweeted.

    The cultures of Europe have indeed cultivated racist ideas for centuries. And just as half a millennia ago conversion offered you no protection from the racism of the Spanish court, embracing Buddhism didn’t protect Columbia University student Moshen Mahdawi from being snatched from a naturalisation interview by balaclava-clad ICE agents.

    His crime? Being Palestinian and telling his story.

    It’s a topsy-turvy world where life-long anti-fascists like Jeremy Corbyn and Yanis Varoufakis are sanctioned on bogus claims of antisemitism while the likes of Elon Musk and Hungarian PM Victor Orban — both peddlers of old-style antisemitic conspiracies — are welcomed to Israel as friends and allies in a contrived battle of civilisations.

    One thing that differentiates antisemitism from the Judeophobia, which has been a European disease since the early days of Christianity, is that it places Jews among the victims of the continent’s white supremacist legacy.

    It’s perhaps no coincidence the Christopher Columbus set sail for the Americas in the same year, 1492, that Spain expelled its Jews and Muslims.

    The settler colonisation of the Americas has been estimated by historian David Stannard to have resulted in the death of 100 million indigenous people — many from introduced diseases but tens of millions also died in genocides only recently making their way into history books.

    Last month, when Netanyahu declared Israel’s attacks on Gaza “a war against human beasts” he was echoing the words of settler colonialists from Alaska to Aotearoa and the dehumanising language of the Nazis against the Jews.

    So, back to that question about whether we’ve reached a tipping point where unfair accusations of antisemitism will be seen in a similar light to McCarthy’s red scare.

    With Netanyahu accusing the leader of the Democrats party, Yair Golan, an IDF reserve major-general, of promoting a blood libel for speaking out against the starving of babies in Gaza, it’s hard not to draw parallels with the Army-McCarthy hearings.

    It’s worth quoting the words that saw Israel’s PM accuse Golan of a blood libel — a reference to the lie that Jews used the blood of non-Jewish children in the baking of matzos, and a trigger for centuries of pogroms.

    “A sane country does not wage war against civilians, does not kill babies as a hobby, and does not set goals for itself like the expulsion of a population.”

    The idea that an IDF general speaking out against the killing of babies is propagating racist hatred of Jews is surely a leap too far even for many fervent Zionists.

    Another sign that the tide might be turning is Kenneth Stern, the lead drafter of the International Holocaust Remembrance Alliance (IHRA) working definition of antisemitism, saying the US administration’s weaponisation of the IHRA definition is making academics and students (including Jews) less safe.

    The self-described Zionist said the definition was being distorted and used to silence anti-Israel critics.

    The IHRA working definition has been widely adopted internationally — including by institutions in New Zealand and Australia.

    Human Rights Watch and Amnesty International have both criticised the definition claiming it has seen those documenting Israel’s human rights abuses being falsely accused of antisemitism.

    It’s a tragedy that weaponised accusations of antisemitism aimed at protecting Israel from criticism are obscuring a rise in Judeophobic conspiracy theories and attacks on Jewish community centres and synagogues around the world.

    And even more tragically that those accusations are blunting criticisms of Israel that could help bring the ongoing genocide in Gaza to an end.

    Jeremy Rose is a Wellington-based journalist. He has a Substack: Towards democracy

    This article was first published on Café Pacific.

    MIL OSI AnalysisEveningReport.nz

  • RBI’s rate cut boosts markets; Nifty closes above 25,000

    Source: Government of India

    Source: Government of India (4)

    India’s benchmark indices surged on Friday after the Reserve Bank of India (RBI) reduced the repo rate by 50 basis points to 5.50 per cent and the cash reserve ratio (CRR) by 100 basis points, in four tranches.

    The Sensex gained 746.95 points, or 0.92 per cent, to close at 82,188.99, while the Nifty rose 252.15 points, or 1.02 per cent, to end at 25,003.05.

    The rally was led by banking stocks. The Nifty Bank index closed at 56,578.40, up 817.55 points or 1.47 per cent. During the session, Bank Nifty touched 56,695 – its highest level to date.

    In addition to large-cap stocks, mid-cap and small-cap segments also saw gains. The Nifty Midcap 100 index rose by 707.30 points, or 1.21 per cent, to 59,010.30, while the Nifty Smallcap 100 index climbed 149.85 points, or 0.81 per cent, to 18,582.45.

    Rupak De of LKP Securities said the sharp rise in the index followed what he described as a “bazooka policy move” by the RBI.

    The significant rate cut and the liquidity boost via the CRR reduction are expected to facilitate a swift transmission of lower rates, reinforcing the RBI’s strong commitment to fostering economic growth, boosting investment, and stimulating consumption.

    Rate-sensitive sectors such as banking, real estate, automobiles, and consumer durables are leading the rally, according to experts.

    Going forward, the impact of the rate cut is expected to continue influencing market sentiment.

    IANS

  • MIL-OSI: Form 8.3 – [MARLOWE PLC – 05 06 2025] – (CGWL)

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
    N/A
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    MARLOWE PLC
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    05 JUNE 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    No

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 50p ORDINARY
      Interests Short positions
    Number % Number %
    (1)   Relevant securities owned and/or controlled: 3,130,796 3.9871    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 3,130,796 3.9871    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    50p ORDINARY SALE 1,000 435.05p

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    NONE      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 06 JUNE 2025
    Contact name: PHIL HULME
    Telephone number: 01253 376551

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI: OTC Markets Group Welcomes Neo Performance Materials Inc to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Neo Performance Materials Inc (TSX: NEO; OTCQX: NOPMF), a manufacturer of the building blocks of many modern technologies that enhance efficiency and sustainability, has qualified to trade on the OTCQX® Best Market. Neo Performance Materials Inc upgraded to OTCQX from the Pink® market.

    Neo Performance Materials Inc begins trading today on OTCQX under the symbol “NOPMF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

    Neo’s CEO, Rahim Suleman, said: “We are pleased to begin trading on OTCQX, which enhances Neo’s visibility and accessibility for U.S. investors. As a global leader in advanced rare earth materials, with a strong balance sheet and a growing magnetics business in Europe, we are well-positioned to support the accelerating demand for critical materials in electrification and other modern technologies. Trading on OTCQX provides an additional platform to broaden our shareholder base as we continue to execute on our strategic priorities and drive long-term value.”

    About Neo Performance Materials Inc
    Neo manufactures the building blocks of many modern technologies that enhance efficiency and sustainability. Neo’s advanced industrial materials – magnetic powders, rare earth magnets, magnetic assemblies, specialty chemicals, metals, and alloys – are critical to the performance of many everyday products and emerging technologies. Neo’s products fast-forward technologies for the net-zero transition. The business of Neo is organized along three segments: Magnequench, Chemicals & Oxides and Rare Metals. Neo is headquartered in Toronto, Ontario, Canada; with corporate offices in Greenwood Village, Colorado, United States; Singapore; and Beijing, China. Neo has a global platform that includes manufacturing facilities located in China, Germany, Canada, Estonia, Thailand and the United Kingdom, as well as one dedicated research and development centre in Singapore.

    About OTC Markets Group Inc.

    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market, and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network

  • MIL-OSI: At Neudata Summit, MoonFox Data Presents AI + Alternative Data Solutions, Empowering Global Institutions to Decode China’s Market

    Source: GlobeNewswire (MIL-OSI)

    SHENZHEN, China, June 06, 2025 (GLOBE NEWSWIRE) — MoonFox Data, China’s leading provider of all-scenario data insights and analytics services, was recently invited to deliver a keynote address at the Neudata Hong Kong Data Summit 2025, held at the Hong Kong Cordis Hotel.

    Senior Analyst Max Ma presented “Navigating China’s Market Pulse in 2025: Data-Driven Strategic Investment Insights,” offering global investment institutions and enterprise clients an in-depth analysis of the latest trends in China’s macroeconomy and key industry sectors.

    As global investors increasingly focus on the Chinese market, data-driven market insights have become a critical foundation for institutional decision-making and corporate strategic planning. Against the backdrop of a complex, evolving macroeconomic environment and industrial structural transformation, accurately deciphering the pulse of the Chinese market using high-quality data has emerged as a central concern for global capital and enterprises.

    About Neudata: The Global Alternative Data Authority

    Neudata, headquartered in London, UK, is one of the world’s most influential independent data intelligence platforms in the alternative data domain. The platform specializes in identifying cutting-edge alternative data sources, providing market trend insights, and offering data procurement consulting services for global financial institutions such as asset managers, hedge funds, and quantitative investment firms. Leveraging its extensive supplier network and professional research team, Neudata empowers global investors to efficiently discover, evaluate, and apply various types of alternative data, enhancing the foresight and scientific rigor of investment decisions. The Neudata Data Summit convenes top global asset managers, data technology companies, and industry experts, serving as a vital international platform for exploring data innovation and collaboration.

    Spotlight on Market Dynamics under Easing Policies

    In his address, Max Ma highlighted that under the guidance of mildly easing policies in the first half of 2025, the Chinese market is undergoing structural transformation. Key sectors such as artificial intelligence (AI), e-commerce, consumer goods, and automotive are exhibiting distinct evolutionary characteristics. Based on MoonFox Data’s proprietary data product matrix, the team distilled three core insights through multi-dimensional dynamic monitoring and deep analysis:

    1. Quantifying Industry Evolution
    2. Brand Competition Analysis
    3. Actionable Investment Guidance

    “Data-driven insights are the core tool for navigating market uncertainty,” emphasized Max Ma. “MoonFox Data is committed to helping global clients precisely identify incremental opportunities in the Chinese market through objective, real-time, and in-depth data capabilities.”

    Exhibition Spotlight: AI and Alternative Data Products Draw Wide Attention

    Within the summit’s exhibition area, MoonFox Data’s AI and alternative data solutions became a focal point, attracting significant attention from numerous domestic and international industry experts, investment institutions, and corporate representatives. The innovation capabilities and real-world application scenarios of the flagship products, ​​MoonFox iApp​​ and ​​MoonFox iBrand​​, garnered high recognition from attendees.

    About MoonFox Data
    As a sub-brand of Aurora Mobile (NASDQ: JG), MoonFox Data is a leading expert in data insights and analysis services across all scenarios. With a comprehensive, stable, secure and compliant mobile big data foundation, as well as professional and precise data analysis technology and AI algorithms, MoonFox Data has launched iAPP, iBrand, iMarketing, Alternative Data and professional research and consulting services of MoonFox Research, aiming to help companies gain insights into market growth and make accurate business decisions.

    For Media Inquiries:
    Contact: zhouxt@jiguang.cn | Website: http://www.moonfox.cn/en

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6cc66b90-c441-4e97-83d3-2c27e06cb2c8

    https://www.globenewswire.com/NewsRoom/AttachmentNg/77f545eb-689b-4c70-a0e0-c9339262dfea

    The MIL Network

  • MIL-OSI: RYVYL Announces Conversion for Remainder of 8% Senior Convertible Note; Successfully Completes Process of Delevering Balance Sheet

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, CA, June 06, 2025 (GLOBE NEWSWIRE) — RYVYL Inc. (NASDAQ: RVYL) (“RYVYL” or the “Company”), a leading innovator of payment transaction solutions leveraging electronic payment technology, announced the securityholder of its remaining 8% Senior Convertible Note (“Note”), has converted the entire outstanding principal balance of $4.0 million and accrued interest of $136,000 into 7.1 million shares of common stock.

    “We’ve pursued an anti-dilutive strategy to restructure our balance sheet, and this final debt to equity conversion successfully completes that process,” said George Oliva, CFO of RYVYL. “In January 2025, we redeemed our Series B Convertible Preferred Stock with a liquidation value of $53.1 million and $14.3 million of the Note for a payment of $13.0 million, which avoided over 90 million shares of potential dilution and converted over $50 million of additional paid in capital from Preferred Stock to Common shareholders.”

    About RYVYL

    RYVYL Inc. (NASDAQ: RVYL) was born from a passion for empowering a new way to conduct business-to-business, consumer-to-business, and peer-to-peer payment transactions around the globe. By leveraging electronic payment technology for diverse international markets, RYVYL is a leading innovator of payment transaction solutions reinventing the future of financial transactions. Since its founding as GreenBox POS in 2017 in San Diego, RYVYL has developed applications enabling an end-to-end suite of turnkey financial products with enhanced security and data privacy, world-class identity theft protection, and rapid speed to settlement. As a result, the platform can log immense volumes of immutable transactional records at the speed of the internet for first-tier partners, merchants, and consumers around the globe. www.ryvyl.com

    Cautionary Note Regarding Forward-Looking Statements

    This press release includes information that constitutes 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, as amended. These forward-looking statements are based on the Company’s current beliefs, assumptions and expectations regarding future events, which in turn are based on information currently available to the Company. Such forward-looking statements include statements that are characterized by future or conditional words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate” and “continue” or similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition or state other forward-looking information.

    By their nature, forward-looking statements address matters that are subject to risks and uncertainties. A variety of factors could cause actual events and results to differ materially from those expressed in or contemplated by the forward-looking statements. Risk factors affecting the Company are discussed in detail in the Company’s filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by applicable laws.

    IR Contact:

    David Barnard, Alliance Advisors Investor Relations, 415-433-3777, ryvylinvestor@allianceadvisors.com

    The MIL Network

  • MIL-OSI: EAT & BEYOND ANNOUNCES MARIO NAWFAL AS STRATEGIC ADVISOR

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, BC, June 06, 2025 (GLOBE NEWSWIRE) — Eat & Beyond Global Holdings Inc. (CSE: EATS) (OTCPK: EATBF) (FSE: 988) (“Eat &  Beyond” or the “Company”), is pleased to announce that that globally recognized entrepreneur, investor, and citizen journalist Mario Nawfal has joined the Company as a Strategic Advisor.

    Mr. Nawfal is a force in modern media and Web3 innovation. As the founder of The Roundtable, X/Twitter’s most influential audio show, he has hosted global icons including Elon Musk, Marc Andreessen, Mark Cuban, CZ, Alexander Lukashenko, Sergei Lavrov, Sam Bankman-Fried, Andrew Tate, Hunter Biden, Bill Ackman, Matt Walsh, Michael Saylor, Michael Bay, Vinod Khosla, and Imran Khan.

    Mario is also a seasoned entrepreneur with multiple successful exits, and a respected venture capitalist who has backed breakout companies in AI, gaming, blockchain, and digital media.

    He is the founder of Citizen Journalism Network, its subsidiary, IBC Group, and its accelerator, CJNA, which is building Web3’s first fully integrated ecosystem, combining a media empire and venture capital firm with a startup accelerator and launchpad for Web3 projects. The company is building an AI-powered centralized exchange (CEX), deal desk, and fund, targeting both institutional and retail investors across Web2 and Web3.

    As part of his advisory role, CJN Accelerator Ltd. (“CJNA”) has been granted 1,000,000 options at a strike price of $0.15, expiring five years from the grant date.

    This announcement comes as the Company prepares for its name change to Digital Asset Technologies Inc. (proposed ticker: DATT) and updated investment policy to build a diversified portfolio of companies operating at the forefront of emerging technologies. This strategy reflects a sharpened focus on the AI, Blockchain, Web3, Fintech, and broader ICT (Information and Communication Technology) sectors, including tokenized infrastructure and digital assets.

    The Company also recently acquired LiquidLink AI Corp., a cutting-edge platform that enables scalable and cost-efficient issuance and trading of digital assets, including real-world assets (RWAs) on the XRP Ledger.

    Bringing Mario Nawfal onboard is a power move. His experience at the intersection of media, Web3, and venture capital is unmatched. As we focus on the digital asset space, we’re excited to have him advising our journey,” said Young Bann, CEO of Eat & Beyond.

    About Eat & Beyond

    Eat & Beyond (CSE: EATS) is a publicly traded investment issuer that identifies and makes equity investments in global companies that are developing and commercializing innovative food tech, sustainability and technology.  Led by a team of industry experts, Eat & Beyond provides retail investors with the unique opportunity to participate in the growth of a broad cross-section of opportunities in the alternative food, sustainability and technology sectors.  Through its wholly owned subsidiary, Liquidlink AI Corp., the Company has entered the blockchain technology sector with a focus on real-world asset tokenization, decentralized infrastructure, and advanced trading analytics.

    Learn more: www.eatandbeyond.com

    The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the contents of this press release.

    For further information: For further information, please contact Young Bann, CEO, young@purposeesg.com.

    Cautionary Note regarding Forward Looking Statements

    This press release contains forward-looking statements. Forward-looking statements can be identified by the use of words such as, “subject to”, or variations of such words and phrases or state that certain actions, events or results “may” or “will” be taken, occur or be achieved. Forward-looking statements in this news release include, but are not limited to, statements regarding the Company’s business strategy, current and future investments, the proposed name change, the updated Investment Policy, and the Company’s ability to obtain the necessary shareholder and regulatory approvals in connection with the proposed name change and updated Investment Policy. Forward-looking statements are based on assumptions, but the actual results may be materially different from any future expectations expressed or implied by the forward-looking statements. The forward-looking statements can be affected by known and unknown risks, uncertainties and other factors, including, but not limited to, the equity markets generally and a failure to obtain the necessary approvals from the Canadian Securities Exchange. Accordingly, readers should not place undue reliance on forward-looking statements.

    The MIL Network

  • Piyush Goyal holds high-level meeting with Italian Deputy PM Antonio Tajani in Brescia

    Source: Government of India

    Source: Government of India (4)

    Union Minister of Commerce and Industry Piyush Goyal on Thursday co-chaired the 22nd session of the India-Italy Joint Commission for Economic Cooperation (JCEC) alongside Italy’s Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, Antonio Tajani.

    The high-level meeting was held in Brescia, a key manufacturing hub in northern Italy, during Goyal’s two-day visit to the country. He was accompanied by a business delegation comprising senior leaders from nearly 90 Indian companies.

    The JCEC brought together senior officials, policymakers, and key industry stakeholders from both countries.

    According to the Ministry of Commerce and Industry, the discussions aligned with the India-Italy Joint Strategic Action Plan 2025–2029, which aims to enhance economic resilience, promote industrial collaboration, and support inclusive and sustainable growth.

    Both sides agreed to intensify cooperation in priority sectors such as Industry 4.0, aerospace, energy transition, and sustainable mobility. The talks also emphasized collaboration in skill development, digital transformation, migration and mobility, and joint initiatives under global connectivity frameworks like the India-Middle East-Europe Economic Corridor (IMEC).

    In addition, India and Italy resolved to boost ties in agriculture and food processing and agreed to establish Joint Working Groups in the automobile and space sectors to deepen technological and industrial cooperation.

    A high-level growth forum was held on the sidelines of the JCEC to explore emerging business opportunities and foster potential industrial partnerships.

    Goyal also held one-on-one meetings with prominent Italian corporate leaders and welcomed their plans to expand operations in India.

    Marking World Environment Day, Goyal and Tajani visited A2A, an Italian waste-to-energy company, to explore collaboration in the clean energy space. They also planted saplings at the Santa Giulia UNESCO World Heritage complex in memory of their mothers, under Prime Minister Narendra Modi’s “Ek Ped Maa Ke Naam” initiative.

  • MIL-OSI Banking: Maintenance of Cash Reserve Ratio (CRR)

    Source: Reserve Bank of India

    RBI/2025-26/46
    DoR.RET.REC.23/12.01.001/2025-26

    June 06, 2025

    All banks,

    Madam / Sir,

    Maintenance of Cash Reserve Ratio (CRR)

    Please refer to our circular DoR.RET.REC.52/12.01.001/2024-25 dated December 06, 2024 and relative notification on the captioned subject.

    2. As announced in the Governor’s Statement dated June 06, 2025, it has been decided to reduce the Cash Reserve Ratio (CRR) of all banks by 100 basis points in four equal tranches of 25 basis points each to 3.0 per cent of net demand and time Liabilities (NDTL). Accordingly, banks are required to maintain the CRR at 3.75 per cent, 3.5 per cent, 3.25 per cent and 3.0 per cent of their NDTL effective from the reporting fortnight beginning September 6, October 4, November 1 and November 29, 2025, respectively.

    3. A copy of the relative notification DoR.RET.REC.24/12.01.001/2025-26 dated June 6, 2025 is enclosed.

    Yours faithfully,

    (Manoranjan Padhy)
    Chief General Manager

    Encl.: As above


    DoR.RET.REC.24/12.01.001/2025-26

    June 06, 2025

    NOTIFICATION

    In exercise of the powers conferred under the sub-section (1) of Section 42 of the Reserve Bank of India Act, 1934 and sub-section (1) of Section 18 of the Banking Regulation Act, 1949 (10 of 1949), read with Section 56 thereof, and in partial modification of the earlier notification DoR.RET.REC.53/12.01.001/2024-25 dated December 06, 2024, the Reserve Bank of India hereby notifies that the average Cash Reserve Ratio (CRR) required to be maintained by every bank shall be 3.75 per cent, 3.5 per cent, 3.25 per cent and 3.0 per cent of its net demand and time liabilities effective from the reporting fortnight beginning September 6, October 4, November 1 and November 29, 2025, respectively.

    (R. Lakshmi Kanth Rao)
    Executive Director

    MIL OSI Global Banks