NewzIntel.com

Category: Finance

  • MIL-OSI China: China’s vast market unlocks opportunities for ASEAN amid global trade headwinds

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

    At a fully automated production line in south China’s Guangxi Zhuang Autonomous Region, cans of energy drinks rolled off conveyors, destined for shelves across China.

    Operated by Thai conglomerate T.C. Pharmaceutical Industries Co., Ltd., this 1.3-billion-yuan (about 180.8 million U.S. dollars) facility with four automated production lines exemplifies the deepening foothold of Association of Southeast Asian Nations (ASEAN) in China’s consumer market.

    Launched in January this year, the plant generated 75 million yuan in first-quarter output value, matching expectations.

    “China’s 1.4-billion-strong market, undergoing dual upgrades in consumption and industrial chains, is unlocking opportunities for high-level opening up,” said Bai Ming, a researcher at the Chinese Academy of International Trade and Economic Cooperation. “ASEAN, as our close neighbor, is uniquely positioned to share these dividends.”

    Despite global trade headwinds, China-ASEAN trade surged 9.2 percent year on year to 2.38 trillion yuan in the first four months of 2025, with ASEAN retaining its position as China’s top trading partner, according to China’s General Administration of Customs (GAC).

    Guangxi, the country’s gateway to ASEAN, brings this partnership to life. At a center for China-ASEAN specialty commodities in Nanning, capital of Guangxi, Singaporean specialty dishes and Thai spices sit alongside Cambodian rice — all purchasable with a quick QR code scan.

    Since its launch in 2022, the center has featured over 5,500 types of products, serving as a one-stop platform for cross-border trade. Malaysian durian mooncakes find their way to Chinese dining tables via promotional livestreaming, while Chinese cosmetics gain traction in ASEAN markets thanks to multilingual influencers’ skillful introduction.

    Such centers tackled what was previously a headache for small and medium-sized enterprises (SMEs) in ASEAN — a lack of access to efficient cross-border industrial chains and storage solutions.

    “By providing these solutions and value-added supporting services, the center helps SMEs in ASEAN capitalize on China’s ultra-large market, facilitating smoother exchanges of high-quality products between China and ASEAN countries,” said Lu Chunmei, a deputy general manager at the center.

    This growing trade between China and ASEAN is also reshaping careers. In the bustling cross-border e-commerce training base of Guangxi International Business Vocational College, Indonesian student Putriyani enthusiastically showcased Chinese specialty products to global buyers via livestreaming. Nearby, her classmates from Vietnam, Thailand and Laos could be seen promoting products in their native languages.

    As the first college in Guangxi to offer cross-border e-commerce training programs, this institution graduates some 300 professionals annually, nurturing a talent pool fluent in both ASEAN languages and digital trade.

    “As the combined population of China and ASEAN accounts for about a quarter of the world’s total, their integrated development has continuously unleashed market potential, establishing an exemplary model of cooperation amid global headwinds,” said Lyu Daliang, spokesperson for the GAC.

    This synergy is set to deepen with the recent completion of negotiations on the Version 3.0 China-ASEAN Free Trade Area (CAFTA), the world’s largest free trade zone among developing countries. The upgraded pact will introduce nine new chapters, including digital economy and support for micro, small and medium-sized enterprises that account for the majority of ASEAN’s business entities.

    Feng Gui, a law professor at Guangxi University of Finance and Economics, said the conclusion of CAFTA 3.0 negotiations will significantly enhance industrial capacity, technological collaboration and trade ties between China and ASEAN, accelerating their economic growth and industrialization.

    “This breakthrough provides renewed support for the multilateral trading system while charting the right pathway for the majority of countries committed to preserving free trade principles,” he added. 

    MIL OSI China News –

  • MIL-OSI Asia-Pac: Fatal traffic accident in Mong Kok

    Source: Hong Kong Government special administrative region

    Fatal traffic accident in Mong Kok 
    At 3.16am, a private car driven by a 46-year-old male police officer was travelling along Nathan Road towards Yau Ma Tei. When approaching the junction of Nathan Road and Prince Edward Road West, the private car reportedly knocked down a 60-year-old foreign man who was crossing the road.
     
    The man was trapped under the private car and subsequently rescued. Sustaining multiple injuries, he was rushed to Kwong Wah Hospital in unconscious state and was certified dead at 4.34am.

    Investigation by the Special Investigation Team of Traffic, Kowloon West is under way.
     
    Anyone who witnessed the accident or has any information to offer is urged to contact the investigating officers on 3661 9062.

    Issued at HKT 8:32

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI China: China issues nearly 1.5 trln yuan in new local gov’t bonds in Jan.-April

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

    China’s local governments issued new bonds worth about 1.49 trillion yuan (about 207.63 billion U.S. dollars) in the first four months of 2025, data from the Ministry of Finance showed Wednesday.

    Of the total, special-purpose bond issuance came in at over 1.19 trillion yuan, while general-purpose bond issuance amounted to 302.3 billion yuan.

    By the end of April, outstanding local government debts stood at over 50.69 trillion yuan, according to the ministry.

    China has pledged a more proactive fiscal policy this year to shore up sustained economic and social development. The country decided to issue 4.4 trillion yuan of local government special-purpose bonds in 2025, marking an increase of 500 billion yuan from last year, according to this year’s government work report. 

    MIL OSI China News –

  • MIL-Evening Report: Knife crime is common but difficult to investigate. Robots can help

    Source: The Conversation (Au and NZ) – By Paola A. Magni, Associate Professor of Forensic Science, Murdoch University

    The following article contains material that some readers might find distressing.

    Around the world, knives are a popular weapon of choice among criminals. In Australia, for example, they are the most common weapon used in homicides. And in countries such as the United Kingdom and Canada, knife crime has recently been on the rise.

    As common as they are, stabbings are also difficult to investigate. Our new study, published this week in WIREs Forensic Science, presents the most comprehensive review to date of the methods used by forensic investigators for the reconstruction of knife crimes. It also highlights the limitations of these methods and introduces mechanical and robotic stabbing machines as a solution.

    These technologies could significantly enhance forensic science and criminal investigations in the pursuit of justice.

    An intensely personal act of violence

    Stabbing is an intensely personal act of violence, carefully planned or opportunistic. It reflects not just an intent to harm but also a direct, physical engagement with the victim.

    Stabbings are also typically associated with high levels of aggression and frenzied attacks. For example, Joel Cauchi fatally stabbed six people and injured ten more in just three minutes during an attack at a Sydney shopping centre on November 13, 2024.

    Forensic investigators will rely on a range of evidence to investigate a stabbing. For example, they will gather statements from any witnesses. But witnesses’ memory can be affected by issues such as shock, lighting conditions or their vantage point.

    Forensic investigators will also gather physical evidence left behind after a stabbing. This can include bloodstain patterns, sharp-force damage in wounds and clothing, and impression evidence. It can also include trace evidence such as DNA, fibres, soil, glass and pollen from the victims clothing or suspected weapon.

    This physical evidence is crucial for the next step of a criminal investigation: reconstructing a crime scene.

    Knife cuts from a blunt blade (left) and a sharp blade (right) in cotton fabric reveal distinct yarn and fibre patterns, which forensic experts analyse to help identify the weapon used.
    Stevie Ziogos

    A forensic puzzle

    Investigators reconstruct a crime scene to determine the type of weapon used, estimate whether the stabbing was intentional or not and how forceful it was. But many variables complicate the analysis.

    For example, the attacker’s (or attackers’) physical characteristics such as their size, strength or preferred hand, their familiarity and experience in handling knives can all influence the stabbing motion. So too can the characteristics of a knife.

    The victim’s build, positioning, area of impact, and even the number of clothing layers they have on can also affect how a blade enters the body. For example, stabbing with a kitchen knife and slashing with a machete leave vastly different injuries, just as a thick jacket can slow or deflect a blade.

    Reconstructing a stabbing is a forensic puzzle. It requires a combination of scientific analysis, investigative techniques and the collaborative effort of experts. Each specialist provides a comprehensive perspective on the victim, the weapon, the manner in which it was used, and the impact of the surrounding environment.

    An accurate simulated stabbing

    In many stabbing investigations, it is necessary to confirm evidence through simulation.

    Our new research focuses on the different ways stabbing simulations are conducted. It provides an overview of current methodologies used to reconstruct sharp-force events, especially considering the role of clothing in the reconstruction.

    A well-planned simulation must account for key variables affecting damage to the body and textiles. These factors fall into three categories:

    1. Pre-impact (garment type, weapon and assailant-victim characteristics)
    2. Impact (stabbing method, force and angle)
    3. Post-impact (body decomposition, manipulation, contamination and environmental effects).

    While adding more parameters can improve the realism of a simulation, it may also introduce complexity that reduces accuracy. Because of this, careful planning is pivotal.

    A mix of methods is best

    The choice of simulation method depends on available personnel, tools and funding. Approaches are typically categorised as manual or mechanical, with emerging research exploring the potential of robotic systems.

    Manual simulations rely on human effort to replicate stabbing motions. They remain widely used in forensic testing and provide valuable insights into wound characteristics, biomechanics, and protective materials. But they can be subjective, particularly in force estimation and motion consistency.

    Mechanical simulations address this issue by using devices for controlled, repeatable tests. While they reduce variability, they are often limited by restricted motion, force constraints, and a lack of standardisation in forensic protocols.

    Robotic simulations offer a promising alternative. They combine the adaptability of manual approaches with the precision and repeatability of mechanical systems.

    However, their forensic application is still being developed. They also face challenges such as cost, accessibility, professional expertise and the need for validation in real-world casework.

    Our research suggests that combining manual simulations with robotic and mechanical systems can enhance the accuracy and reliability of stabbing simulations. The manual approach can be used to train robotic systems that replicate human actions while ensuring consistent and controlled measurements.

    By adopting this combined approach, forensic science can bridge crucial gaps in crime scene reconstruction. In turn, this would improve the interpretation of stabbing incidents and the pursuit of justice.

    We acknowledge that the research discussed in this article was conducted in collaboration with Dr. Kari Pitts, ChemCentre.

    Alasdair Dempsey, Ian Dadour, and Stevie Ziogos do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Knife crime is common but difficult to investigate. Robots can help – https://theconversation.com/knife-crime-is-common-but-difficult-to-investigate-robots-can-help-248892

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Security: Better investing in science and technology would free up 15 million hours of police time

    Source: United Kingdom National Police Chiefs Council

    Additional investment in science and technology could mean an extra 41,000 hours of police time available every day across England and Wales to be reinvested in neighbourhood policing and preventing crime. 

    Police chiefs are calling for the government to allocate circa £220 million to science and technology per year over the three-year spending review period to scale up tested science and technology capabilities.  

    As police chiefs set out their strategy for use of data and digital technology over the next five years, they make the case for government investment to enable police to roll out   technology that has been successfully trialled across England and Wales. 

    The independent Policing Productivity Review of forces in England and Wales reported examples of science and technology driving productivity. The Office of the Chief Scientific Adviser to Policing estimates that these projects saved 347,656 of workforce hours per year and led to direct savings of £8.2 million a year in costs. If they were scaled nationally, and similar gains were made in all 43 forces, potentially up to 15 million hours, worth £370m per year, could be saved and reallocated each year. 

    National Police Chiefs’ Council Chair Chief Constable Gavin Stephens said:  

    “A decade with very limited capital investment into policing has meant prioritising maintaining existing technology over innovation. The vast majority of police force technology budgets are spent on ageing systems and simply keeping the lights on. This has to change. 

    “Criminals are investing in technology to do harm; we need to invest to keep up and stop them.   

    “With government investment in the spending review, we are ready to roll out technology which could save millions of hours, finish investigations in days instead of months and keep pace with criminal advancements.   

    “Without investment, we will fall behind rather than become more productive.  We will not be able to restore neighbourhood policing.  Halving violence against women and girls and knife crime will become much harder to reach targets.” 

     A refreshed National Policing Digital Strategy 2025-2030 developed by NPCC, Association of Police and Crime Commissioners (APCC) working with Police Digital Service (PDS) has also been published today.  It sets out police digital and data ambitions and the roadmap to achieving them. This supports the NPCC’s Science and Technology Strategy published in May 2023. 

    National Police Chiefs’ Council (NPCC) Lead for Digital, Data and Technology Chief Constable Rob Carden, said: “Over the last decade, digital technology and data and analytics have become integral to policing’s ability to deliver an effective and efficient service and policing will spend nearly £2 billion on it in the next financial year. Policing must change the way we approach data, digital and technology to ensure we invest in solutions which can be used nationally across all police forces.  

    “The National Policing Digital Strategy will provide the direction, purpose and roadmap necessary for forces to enable the changes required. Working towards common goals, which can be upscaled at pace nationally to ensure we are making the savings in time and money in order to help our officers catch criminals and protect the public using data, digital and technology in the most effective way. 

    “One of our key ambitions is to give local communities more convenient ways to get in touch with their local force through improving things such as websites and apps, whilst developing a range self-service digital engagement channels that anyone is able to use and access. 

    “Transparency, fairness and ethical standards will be at the heart of all we implement.”

    Examples of investment: 

    • Roll out Live Face Recognition units.  On average, throughout 2024, there were 60 arrests per month across the three forces currently using Live Facial Recognition, of which a quarter involved registered sex offenders. Live Facial Recognition reduces the time spent on investigations, ultimately meaning swifter justice. 
       
    • Roll out Rapid Video Response –  a video call software that offers a discreet, quick and specialist police response to non-urgent reports of domestic abuse. Developed by Kent Police, it has led to a decrease in the average response time from 32 hours to just three minutes, and a 50% increase in arrests. 
       
    • Complete build of a new national digital forensics’ platform. Checking digital devices for evidence takes a lot of police time. A national digital forensics’ platform will help officers to process evidence on digital devices more quickly, return devices faster and make the process less intrusive for victims. This will help to address the current backlog of around 25,000 devices and keep pace with digital crime, which is growing 29 per cent annually.  
       
    • Enable the public to contact the police in the way that suits them best including adding services like AI-powered assistances and online case tracking, which in turn will reduce wait times for 101 or 999. 
       
    • Developing data and digital capability to catch offenders and protect victims.  This includes creation of a national Data and Analytics Office, which will lead improvements in data quality, compliance and sharing across the criminal justice system.  Continued investment in analytical capability will exploit this data, enabling, e.g. predictive tooling for multi-agency risk assessments and geo-spatial analyses to identify and address unsafe spaces. To date, this work has saved around £1m p.a. per force in productive time, by enabling efficient officer deployment, while early ANPR journey analysis has quadrupled drugs seizures.  
       
    • Funding a national Continuous Integrity Screening capability to provide ongoing detection of unacceptable behaviour from officers and staff and the removal of those who pose a risk. 
    • Expanding our regional centres for Robotic Process Automation.  In the three regions where it is deployed, automation is securing a return on investment of £8 in time saving for every £1 spent, covering 150 different administrative and crime management processes in relation to crime management and admin processes. Its national deployment will ultimately reduce administrative burden on frontline officers.  
    • Roll out nationally video and text redaction tools, automatic translation capabilities, summarisation tooling, and new deepfake detection capabilities.  Recent trials suggest these tools will offer significant time efficiencies and a better quality of service, with text redaction alone estimated to save around 1 million hours of workforce time, estimated at £16m a year.  
    • Fund the police service’s Aviation Pathway Programme will consider use of  Unmanned Arial Systems (i.e., drones). in investigations, surveillance and, to emergency response; improving service and reducing costs.  

    Latest research from the University of Birmingham and University Sheffield has demonstrated a clear link to increased economic growth and prosperity from investment in policing. Investment in policing, including technology investment, can lead to reduced demand on other parts of the public sector, level the playing field for companies who have to absorb the costs of crime, and reduce the need for the public to spend money as a consequence of crime. 

    For example the relationship between house prices and crime reduction shows that each £1 invested in policing yields £4.17 in economic benefits. Based on this, a 10% increase in policing i.e. around £1.7bn per year, will generate £14.5 billion in net benefits over twelve years, equivalent to 0.5% of annual GDP. Find out more in Issue 2 of Policing Tomorrow.

    MIL Security OSI –

  • MIL-OSI Security: Police 101 Call Waits Drop as Forces Boost Transparency & Speed

    Source: United Kingdom National Police Chiefs Council

    The National Police Chiefs’ Council (NPCC) Contact Portfolio today (29 May) announces a significant step forward in policing transparency and efficiency: the publication of monthly 101 call wait time data. This initiative demonstrates the continued commitment of police forces across England and Wales to improving public contact, responsiveness, and service accessibility.

    Starting with figures for the financial year 2024/25, the data – published on Police.uk – will offer the public clearer insights into how long it takes to reach their local force via 101. The publication of these figures reflects years of dedicated efforts to modernise police contact systems, introduce technology-driven solutions, and provide greater accountability to the communities that police serve.

    Policing Efforts Cut 101 Call Wait Times to Just 32 Seconds 

    Significant advancements in contact management, including enhanced digital triage, AI-driven call routing, and smarter resourcing strategies, have led to a remarkable reduction in 101 call wait times across the country – now just 30 seconds.

    This achievement reflects the dedication of forces in adopting modern solutions and refining call-handling processes to ensure that members of the public receive swift assistance when they need it. Investments in intelligent queuing systems, workforce optimisation, and automated call-back technology have played a pivotal role in delivering these improvements.

    The NPCC Contact Management Portfolio remains committed to further refining these systems, driving innovation, and maintaining the highest standards in public service efficiency.

    T/DCC Catherine Akehurst is the outgoing NPCC Contact Management Lead and has led the development and implementation of this initiative. She said:

    “This marks a defining moment in how policing connects with the public. The journey to reach this point has been one of collaboration, dedication, and sheer determination by colleagues across forces who have worked tirelessly to modernise contact management.

    “From refining call-handling processes to integrating new technologies, every step has been guided by a commitment to ensuring that people who need assistance can access it efficiently. I want to extend my sincere thanks to everyone who has contributed their expertise and passion to this project; it is their ingenuity and perseverance that have made this possible.”

    DCC Simon Megicks is the Digital Public Contact Lead and new NPCC Contact Management Lead. He added:

    “Publishing this data is not only about transparency – it is about progress. Police forces are now leveraging artificial intelligence, digital call-routing, and smarter triage systems to enhance contact management like never before. We are at the forefront of technological transformation in policing, ensuring that public interactions become more efficient, seamless, and responsive.

    “I want to thank T/DCC Catherine Akehurst and all those who have worked to bring us to this moment. Now, we move forward – continuing to evolve, innovate, and push the boundaries of what is possible in contact management. The future is bright, and this initiative is just the beginning of what’s to come.”

    “This new standard in transparency and data publication reinforces policing’s commitment to continuous improvement in service accessibility, responsiveness, and efficiency. As forces integrate smarter digital solutions and refine operational processes, the focus remains on providing reliable and responsive contact management for communities across the country.”

    Think Before You Call – Keep Emergency Lines Clear This Summer

    With summer approaching, police forces are preparing for a surge in calls. The warmer months bring an increase in demand, and it’s essential that emergency lines remain clear for those who truly need urgent help.

    999 is for emergencies only – serious crimes, threats to life, and situations requiring immediate police response. 101 should be used for genuine police matters, such as reporting non-urgent crime or seeking advice from your local force.

    Unfortunately, we receive a surprising number of unnecessary calls, which clog up the system and delay responses for those in real need. Some examples include complaints about fast-food orders, requests for lost remote controls, and even enquiries about celebrity gossip.

    Here are some unexpected examples of emergency calls that, in reality, were far from urgent:

    • Cambridgeshire Police received calls from individuals asking for assistance with homework and even placing requests for fast food.
    • Gloucestershire Police were dialled on 999 over a spilled cup of coffee and grievances about car wash employees.
    • Hertfordshire Constabulary had a caller seeking nothing more than a phone number for a taxi service.

    Police urge the public to pause and consider before calling – if the issue isn’t police-related, it could be taking time away from someone in distress. Let’s keep the lines open for those who truly need help and ensure our emergency services can focus on keeping communities safe.

    Many police forces now offer digital contact options, making it easier for people to get the help they need without picking up the phone.

    Police.uk provides a range of services to help people report crimes, seek support, and access policing information. Here are some key services available:

    • Reporting Crimes – You can report incidents such as theft, fraud, domestic abuse, hate crimes, and missing persons online.
    • Advice & Support – The site offers guidance on staying safe, dealing with crime, and understanding your rights.
    • Local Policing Information – Find out about crime rates, policing teams, and safety initiatives in your area.
    • Performance & Statistics – Access data on police effectiveness and crime trends across the UK.
    • StreetSafe – A tool that allows people to highlight areas where they feel unsafe, helping police improve public safety.

    The Police.UK app, available on Google Play and the iOS App Store, makes reporting crime and accessing vital policing information easier than ever. Whether you want to track local crime trends, find practical safety advice for your home, or stay updated on your local police team’s activities, the app puts essential services at your fingertips. Any contact made through the app is handled by the same trained professionals who manage 101 calls, ensuring consistent and reliable support.

    MIL Security OSI –

  • MIL-OSI New Zealand: More regional events to get funding boost

    Source: New Zealand Government

    The Government is driving economic growth in the regions by investing $2.6 million in 152 regional events, Tourism and Hospitality Minister Louise Upston says.
    “I’m thrilled with the variety of exciting events on offer, encouraging more New Zealanders to enjoy and explore our beautiful country beyond the main centres,” Louise Upston says. 
    “Events include the National Waka Ama Sprint Championships in Waikato, the National Jazz Festival in the Bay of Plenty, the 2026 Hokitika Wildfoods Festival, and NZ Premier Motorsport Summer Series events around the country.
    “Some of the new events coming to the regions include the Whakapapa Festival, a non-skiing event occurring over June 2026, and Summernats NZ, a car festival in the Waikato.”
    “I’m particularly pleased to support events in regions which traditionally don’t see as many domestic tourists,” Louise Upston says. 
    “Investing in these events has a direct impact, with visitors spending money in local cafes, businesses and accommodation providers, driving economic activity in our communities.
    “By growing regional tourism, our remote and rural communities can benefit from the economic opportunities it brings.
    “Events are excellent drawcards to get more visitors into our regions, particularly in quieter parts of the year for the tourism and hospitality sector. 
    “New Zealand is open for business, and we encourage both Kiwis and international visitors alike to explore and enjoy what New Zealand has to offer.”
    Funding comes from the $5 million Regional Events Promotion Fund. Over its two rounds, the Fund has invested in 284 regional events.
    The full list of funding recipients is available on the MBIE website. 
    Note to editors: 

    The Regional Events Promotion Fund was a contestable fund over two financial years to support regions to host local events attracting domestic tourists.
    The Fund was established using $5 million from the International Visitor Conservation and Tourism Levy ($2.375 million for round one and $2.652 million for round two).

    MIL OSI New Zealand News –

  • MIL-OSI: Jena Acquisition Corporation II Announces Pricing of $200 Million Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, May 28, 2025 (GLOBE NEWSWIRE) — Jena Acquisition Corporation II (“Jena II” or the “Company”) announced today that it priced its initial public offering of 20,000,000 units at $10.00 per unit. The units will be listed on the New York Stock Exchange (“NYSE”) and trade under the ticker symbol “JENA.U” beginning May 29, 2025. Each unit consists of one Class A ordinary share and one right entitling the holder thereof to receive one-twentieth of one Class A ordinary share upon the consummation of an initial business combination. The Class A ordinary shares and rights comprising the units are expected to begin separate trading no later than the 52nd day following this date. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to be listed on the NYSE under the symbols “JENA” and “JENA.R,” respectively.

    Santander is acting as sole book-running manager. The Company has granted the underwriter a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any.

    The offering was made by means of a prospectus. Copies of the prospectus may be obtained from Santander US Capital Markets LLC, 437 Madison Avenue, New York, NY 10022, Attention: ECM Syndicate, by email at equity-syndicate@santander.us, or by telephone at 833-818-1602.

    A registration statement relating to the securities became effective on May 28, 2025. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering is expected to close on May 30, 2025, subject to customary closing conditions.

    About Jena Acquisition Corporation II

    The Company is a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue a business combination in any business or industry, it intends to capitalize on the ability of its management team and initially focus its search on identifying a prospective target business that can benefit from its co-founder and Chairman William P. Foley, II’s and its co-founder and Chief Executive Officer Richard N. Massey’s historical areas of business expertise. W. Dabbs Cavin, Dexter Fowler and Tim Hsia will be serving as board members.

    Forward-Looking Statements

    This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s preliminary prospectus for the Company’s offering filed with the U.S. Securities and Exchange Commission (the “SEC”). Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    Investor Contact:

    Richard N. Massey
    CEO
    jenaacquisition.com 

    The MIL Network –

  • MIL-OSI Russia: Government meeting (2025, No. 18)

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    1. On the results of the passage of housing and communal services enterprises and electric power industry entities in the autumn-winter period of 2024-2025 and the tasks of preparing for the passage of the autumn-winter period of 2025-2026

     

    2. On the draft federal law “On the execution of the federal budget for 2024”

     

    3. On the draft federal law “On ratification of the Agreement between the Government of the Russian Federation and the Government of the United Arab Emirates on the elimination of double taxation with respect to taxes on income and capital, and on the prevention of tax avoidance and evasion”

    The bill aims to ratify the agreement signed in Abu Dhabi on February 17, 2025.

     

    4. On the implementation and evaluation of the effectiveness of state programs of the Russian Federation based on the results of 2024

    The materials of the Consolidated Report contain information on the assessment of the effectiveness of 37 state programs.

     

    5. On the draft federal law “On Amendments to Article 33332–1 of Part Two of the Tax Code of the Russian Federation”

    The bill is aimed at forming a common market for veterinary drugs within the Eurasian Economic Union.

     

    6. On Amending the Resolution of the Government of the Russian Federation of June 30, 2004 No. 327 (in terms of amending the Regulation on the Federal Service for Veterinary and Phytosanitary Surveillance)

    The draft act is aimed at granting Rosselkhoznadzor the right to establish departmental awards.

     

    7. On amendments to certain acts of the Government of the Russian Federation (in terms of amendments to the Regulation on the Federal Agency for Fisheries)

    The development of the draft act was dictated by the lack of authority of the Federal Agency for Fisheries to create a certification commission, which is necessary to conduct, in the established manner, the certification of the Federal State Budgetary Institution “Northern Expeditionary Squad for Emergency Rescue Operations” and the Federal State Budgetary Institution “Far Eastern Expeditionary Squad for Emergency Rescue Operations”, subordinate to the Federal Agency for Fisheries, which carry out emergency rescue operations to ensure the safety of fishing vessels in fishing areas during fishing.

     

    8. On the draft federal law “On the execution of the budget of the Federal Compulsory Medical Insurance Fund for 2024”

     

    9. On amendments to the Resolution of the Government of the Russian Federation of June 19, 2012 No. 608 (in terms of amendments to the Regulation on the Ministry of Health of the Russian Federation)

    The draft resolution supplements the provision with a new authority to approve the procedure for providing representatives of a medical insurance organization with consultations to insured persons in filing claims against medical organizations in connection with refusal to provide medical care or poor-quality medical care and the collection of funds for the provision of medical care.

     

    10. On the draft federal law “On Amending Article 49 of the Air Code of the Russian Federation”

    The bill was developed with the aim of improving the legal regulation of the procedure for concluding lease agreements in relation to federal real estate of civil aviation airfields.

     

    11. On the distribution of subsidies to the budgets of the Donetsk People’s Republic, the Lugansk People’s Republic, the Zaporizhia region and the Kherson region

    The development of the draft act is dictated by the need to bring public roads of regional, inter-municipal or local significance, including the street road network, into compliance with the regulatory requirements by 2025.

     

    12. On the allocation to the Ministry of Construction of Russia in 2025 of budgetary allocations reserved in the federal budget for the provision of subsidies to the budgets of the Republic of Kalmykia and the Pskov Region for the implementation of measures to modernize the public utility infrastructure

    The draft order is aimed at achieving the goals of the national project “Infrastructure for Life”.

     

    13. On the allocation to the Ministry of Construction of Russia in 2025 from the reserve fund of the Government of the Russian Federation of budgetary appropriations for the provision of one-time financial assistance in the form of a subsidy to the budget of the Saratov Region

    The draft order proposes to allocate additional funds to the Saratov Region budget for the implementation of measures to improve public and courtyard areas.

     

    14. On the draft federal law “On the execution of the budget of the Pension and Social Insurance Fund of the Russian Federation for 2024”

     

    15. On the draft federal law “On Amendments to Articles 151 and 18 of the Federal Law “On the Legal Status of Foreign Citizens in the Russian Federation”

    The bill is aimed at improving the implementation of state migration policy, as well as legal regulation of issues related to the need for foreign citizens to confirm their proficiency in the Russian language, knowledge of Russian history and the fundamentals of legislation.

     

    16. On the draft federal law “On Amendments to Articles 35 and 38 of the Federal Law “On Basic Guarantees of Electoral Rights and the Right to Participate in a Referendum of Citizens of the Russian Federation”

    The adoption of the bill will make it possible to avoid refusal to register a list of candidates, candidates for single-mandate (multi-mandate) electoral districts due to the expiration of the statutory deadline for submitting documents required for registration, if the failure to comply with this deadline was caused by a refusal to certify the list of candidates, the list of candidates for single-mandate (multi-mandate) electoral districts and this refusal was cancelled or recognized as illegal.

     

    17. On the draft federal law “On Amendments to Articles 3 and 9 of the Federal Law “On Combating the Legalization (Laundering) of Criminally Obtained Incomes and the Financing of Terrorism”

    The implementation of the draft federal law will improve the effectiveness of the national system for combating money laundering and terrorist financing.

     

    18. On Amendments to Certain Acts of the Government of the Russian Federation (in terms of amendments to the Regulation on the Federal Service for Environmental, Technological and Nuclear Supervision)

    The draft act is aimed at bringing certain provisions of the regulation into line with current legislation.

     

    Moscow, May 28, 2025

     

    The content of the press releases of the Department of Press Service and References is a presentation of materials submitted by federal executive bodies for discussion at a meeting of the Government of the Russian Federation.

    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-OSI New Zealand: IPCA recommends Police improve investigative interviewing training

    Source: Independent Police Conduct Authority

    29 May 2025

    The Independent Police Conduct Authority has completed a review of the Police’s use of the Complex Investigation Phased Engagement Model (CIPEM) interviewing method and found that, although it was a laudable attempt to enhance officers’ investigative interviewing skills, its implementation fell short in several respects.

    The Authority’s review was prompted by criticism that arose after evidence in a murder case was ruled inadmissible in September 2021 and concerns were subsequently raised in the media. We also received several complaints. However, the review ultimately focused on examining the development and use of CIPEM, rather than tangential allegations of misconduct that could not be substantiated.

    The Authority found that CIPEM had a heavy focus on engagement skills and building rapport, which is consistent with international best practice. However, the normal processes for quality assurance and implementation of the training were not followed, and the model was not reviewed by an independent expert until about two and a half years after the training began.

    We reviewed five cases in which CIPEM-trained interviewers had been brought in to assist investigation teams. In two of the five cases, we found that the questioning itself departed from good practice and failed to comply with the Judges’ Rules on Police Questioning. However, these failures were generally not integral to CIPEM and were due to poor practice and inadequate oversight.

    We also found that Police leadership should have done more to support the individual officers impacted by persistent media criticism and proactively correct the perception that CIPEM alone caused the downfall of the case in which evidence was ruled inadmissible.

    Police have taken steps to identify and address the problems they are experiencing with interviewing. A recent review has resulted in recommendations for improvement, including creating a new Manager of Investigative Interviewing role.

    The Authority recommends that Police proceed with establishing that role, which should focus among other things on improving investigative interviewing and engagement training and making it available to all staff; ensuring that the interviewing trainers have a high level of operational experience and excellent engagement skills; and developing training for interviewing suspects and hostile witnesses.

    Public Report

    Police Investigative Interviewing and the Complex Investigation Phased Engagement Model (PDF 628 KB)

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Police response to IPCA report into Complex Investigation Phased Engagement Model (CIPEM) interviewing method

    Source: New Zealand Police

    Attributable to Commissioner Richard Chambers:

    Police acknowledge and fully accept the findings and recommendations of the Independent Police Conduct Authority (IPCA) report into Police’s use of the Complex Investigation Phased Engagement Model (CIPEM) interviewing method.

    The CIPEM interviewing programme was implemented in 2018 with the knowledge and support of the Police Executive, and the staff involved acted in good faith striving to improve an acknowledged gap in our interviewing capacity.

    While there are lessons to be learned for Police, the staff involved displayed passion and dedication in working to try to advance difficult and complex cases. Police acknowledge that more support should have been afforded to the officers involved at the time and apologise to the staff involved for not providing that support, particularly during a prolonged period of media reporting.

    The murder case interview referenced in the IPCA media statement was subject to an independent review, which found that those involved in that interview were not involved in the wider investigation management, including making key decisions relevant to progressing the investigation or prosecution. They were brought in to conduct an interview phase only. In these circumstances, it would be both wrong and unfair for conclusions to be drawn that these staff were to blame for the charges being withdrawn.

    Consequently, the internal review also focussed on the way the Police lead, review and manage serious crime investigations and an examination of those areas specific to that case. Police are unable to release a full copy of that review as it contains sensitive information that would prejudice further investigation and potential prosecution outcomes. A summary of the review (previously released under the Official Information Act 1982) is provided with this release.

    Police also commissioned a broad review of interviewing practices across all of Police, which was completed in November 2024. The recommendations of that review and the recommendations of the IPCA review are accepted and are being implemented as a programme of work. A full copy of this review is provided with this release.

    Police is also establishing a new position, the Manager Investigative Interviewing, to lead this programme of work, as was recommended by the IPCA. Police expect to recruit for this position in coming weeks.

    Engaging with and interviewing victims, witnesses and suspects is a core policing skill and pivotal to advancing all investigations and other aspects of policing.

    The Police Executive is committed to ensuring that NZ Police’s interviewing training programme is world leading.

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News –

  • MIL-OSI USA: ICE apprehends Venezuelan woman who fled the scene of jet ski accident that killed woman on kayak at Lake Grapevine

    Source: US Immigration and Customs Enforcement

    DALLAS — U.S. Immigration and Customs Enforcement, in a joint operation with state and federal law enforcement, arrested Daikerlyn Alejandraa Gonzalez-Gonzalez, a 22-year-old citizen of Venezuela in Dallas on May 27, following a state warrant execution for felony manslaughter.

    Gonzales was operating a personal watercraft with a female passenger at high speed near the shoreline of Oak Grove Park May 25, when she collided with a kayak occupied by 18-year-old Ava Moore. The collision resulted in Moore’s death. Gonzalez fled the scene with her passenger on board.

    Gonzalez and the passenger returned to Oak Grove Park. The passenger remained on the scene with witnesses and was interviewed by Grapevine Police Department while Gonzalez left in a vehicle with 21-year-old Maikel Coello Perozo, also of Venezuela.

    Perozo has been charged with hindering apprehension. As the investigation unfolds, more state charges could be filed.

    “This criminal alien and her boyfriend will account for the tragic accident that ended the life of a young woman who exhibited enormous potential,” said ICE Enforcement and Removal Operations Dallas acting Field Office Director Josh Johnson. “ICE Dallas will remain steadfast in our commitment to arresting and removing criminal aliens who pose threats to the safety of our communities.”

    ERO Dallas lodged immigration detainers with the Grapevine Police Department following Gonzalez and Coello’s arrests. Both are in removal proceedings pursuant to the policies of the Immigration and Nationality Act as aliens present without admission or parole.

    “Our partnerships with law enforcement across jurisdictions are key during these types of investigations,” said ICE Homeland Security Investigations Dallas Special Agent in Charge Travis Pickard. “This investigation will continue to be driven by facts, evidence and a firm commitment to justice. The arrests of these two illegal aliens reflect the diligence and professionalism of our law enforcement team.”

    On Sept. 28, 2023, Gonzalez illegally entered the United States without inspection or parole by an immigration officer. On the same day, the U.S. Border Patrol arrested and processed Gonzalez with a Notice to Appear and released her on an order of recognizance.

    On Jan. 22, 2023, Coello arrived at the Camino Real Port of Entry without authorization. He was released pending an immigration hearing.

    This investigation included law enforcement officials from ERO Dallas, HSI Dallas, the Texas Department of Wildlife, the Grapevine Police Department, the Texas Department of Public Safety, the Texas Office of the Attorney General, the Dallas Police Department and the Dallas U.S. Marshals office.

    Members of the public can report crimes and suspicious activity by dialing 866-DHS-2-ICE (866-347-2423) or completing the online tip form .

    Learn more about ICE’s mission to increase public safety in our communities on X: @ERODallas or @HSI_Dallas.

    MIL OSI USA News –

  • MIL-OSI Security: Fairfield Man Indicted for Failure to Pay Over $2 Million in Employment Taxes

    Source: Office of United States Attorneys

    SACRAMENTO, Calif. — A federal grand jury returned a 41-count indictment against Warren Soto Delfin, 54, of Fairfield, charging him with failure to pay more than $2 million in trust fund taxes to the IRS, Acting U.S. Attorney Michele Beckwith announced.

    According to court documents, between January 2018 and December 2022, Delfin owned and operated five home health care businesses that accumulated more than $2 million in employment taxes. The employment tax liabilities stem from amounts Delfin withheld from his employee’s paychecks. Instead of paying the employee withholdings to the IRS as required under the law, Delfin retained them and made purchases of luxury items including a Lamborghini, jewelry, and real estate.

    This case is the product of an investigation by the IRS Criminal Investigation and the Department of Health and Human Services – Office of Inspector General. Assistant U.S. Attorney Nchekube Onyima is prosecuting the case.

    If convicted, Delfin faces a maximum statutory penalty of five years in prison and a $250,000 fine for each charged count. Any sentence, however, would be determined at the discretion of the court after consideration of any applicable statutory factors and the Federal Sentencing Guidelines, which take into account a number of variables. The charges are only allegations; the defendant is presumed innocent until and unless proven guilty beyond a reasonable doubt.

    MIL Security OSI –

  • MIL-OSI USA: Newly Declassified FBI Document Proves Fusion GPS Contractor Nellie Ohr Lied to Congress about Contributions to Crossfire Hurricane

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley
    BUTLER COUNTY, IOWA – The Federal Bureau of Investigation (FBI) and Department of Justice (DOJ) failed to prosecute Fusion GPS contractor Nellie Ohr for lying to Congress about her role in advancing the FBI and DOJ’s Crossfire Hurricane investigation, according to an internal FBI analysis confirming Ohr’s false congressional testimony. 
    The 2019 FBI analysis, obtained by Senate Judiciary Committee Chairman Chuck Grassley (R-Iowa) and declassified at the chairman’s request, provides detailed evidence Ohr lied to Congress during sworn testimony and, as a result, obstructed ongoing congressional investigations, violating federal statutes 18 U.S.C. § 1001 and 18 U.S.C § 1505. The document also exposes how the FBI prevented agents from reviewing all relevant information necessary to perform a full analysis of the extent of Ohr’s false testimony and her role in the fake Russia collusion investigation. 
    “By lying to Congress, Nellie Ohr showed contempt for congressional oversight and the American people. What’s more, the FBI and DOJ’s failure to hold Ohr accountable for appearing to commit multiple felonies and its obstructive conduct against agents that sought additional information reveals the agencies’ deeply disturbing political bias. Ohr never suffered consequences for advancing the phony Trump-Russia narrative and attempting to cover up her involvement in the hoax. Yet time and again, the American justice system has been weaponized against President Trump and his associates with reckless abandon,” Grassley said. “The DOJ’s inaction on Nellie Ohr’s criminal referral – despite the obviously incriminating evidence provided in the FBI’s own analysis – undermines public trust in the rule of law. I applaud Director Patel, Attorney General Bondi and Deputy Attorney General Blanche for cooperating with my request to declassify this information, which is in the public’s interest, and chart a new course for transparency and accountability at the FBI and DOJ.”
    Read the unclassified Nellie Ohr analysis HERE. 
    Background:
    Nellie Ohr was employed by the political opposition research firm Fusion GPS between 2015 to 2016 to perform open-source research attempting to connect then-presidential candidate Donald Trump to Russian organized crime. This research was paid for by the Hillary Clinton presidential campaign and Democratic National Committee (DNC). Both organizations ultimately settled with the Federal Election Commission after allegations of campaign finance violations for intentionally misreporting the true purpose of the payments. 
    At the time of Nellie Ohr’s Fusion GPS employment, her husband, Bruce Ohr, was an Associate Deputy Attorney General at DOJ. Both Nellie and Bruce Ohr testified to the House Committee on the Judiciary and the House Committee on Oversight and Government Reform in 2018 as part of the committees’ oversight of the FBI’s bogus 2016 Crossfire Hurricane investigation into President Trump’s disproven collusion with Russia. 
    In 2019, then-Rep. Mark Meadows (R-N.C.), a member of the House Oversight Committee, filed a criminal referral with DOJ asserting Nellie Ohr knowingly provided false testimony to the House committees.
    Key Findings of the FBI’s 2019 Nellie Ohr Analysis:  
    Nellie Ohr may have been involved in drafting aspects of the Steele Dossier and conspired with her husband, Bruce Ohr, to ensure high-level FBI officials received her work product, while Fusion GPS coordinated with media entities to legitimize the FBI’s opening of its now discredited Trump-Russia investigation. 
    Nellie Ohr may have falsely testified to Congress that she had no knowledge of the DOJ’s Trump-Russia investigation (pg. 13).  
    Nellie Ohr gave a thumb drive containing her Fusion GPS work to her husband, Bruce Ohr, which he then provided to the FBI as part of its ongoing investigation (pg. 14).  
    Nellie Ohr’s email traffic shows she emailed her Russian investigative research directly to Bruce Ohr. Nellie’s research closely mirrored the DOJ and FBI’s Trump-Russia investigation (pgs. 15-16). 
    Bruce Ohr only shared information with the FBI relating to the Trump-Russia investigation after receiving it from his wife, Nellie Ohr (pgs. 15-17). 
    Nellie Ohr and Bruce Ohr met personally with British intelligence officer and Fusion GPS contractor, Christopher Steele, in 2016 (pg. 21). 
    Fusion GPS pitched Nellie Ohr’s research to the Department of State (DOS) for additional investigation, per DOS emails (pg. 23). 
    Nellie Ohr deleted emails with Russia-focused DOJ prosecutors, indicating an effort to conceal her exchanges with DOJ officials involved in the Trump-Russia investigation (pg. 24). 

    Nellie Ohr may have falsely testified to Congress that she was not involved in drafting the Steele Dossier (pgs. 25-28). 
    Nellie Ohr made an analytical error in her own research identical to that in the Steele Dossier (pgs. 29-30). 
    A report deleted from a thumb drive owned by Fusion GPS co-founder Glenn Simpson and provided to the FBI via Bruce Ohr contained the same subject matter researched by Nellie Ohr (pg. 31-33). 

    In direct contradiction to her congressional testimony, Nellie Ohr disseminated Fusion GPS research to DOJ prosecutors beyond those identified in her testimony (pg. 33). 
    Nellie Ohr repeatedly sent information to the following DOJ officials: Lisa Holtyn, Ivana Nizich, Joseph Wheatley (pgs. 34-37). 

    In direct contradiction to her congressional testimony, Nellie Ohr took six ham radio classes and an exam during her time as a Fusion GPS employee (pg. 37). Ham radios can facilitate international communication without the use of a cell signal. 
    Nellie Ohr claimed her ham radio training occurred before she was employed by Fusion GPS. However, per records from the Fairfax Fire and Rescue Department and Federal Communications Commission, Nellie Ohr’s entire ham radio training occurred between March to May 2016, while working at Fusion GPS. 

    Nellie Ohr may have been involved in the “Alfa dossier,” an additional sham document attempting to connect Trump to Russian crime (pg. 40). 
    -30-

    MIL OSI USA News –

  • MIL-OSI: Purpose Investments Inc. Announces May 2025 Distribution for Purpose Global Bond Fund – ETF Units

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 28, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. is pleased to announce the May 2025 distribution rate for Purpose Global Bond Fund – ETF Units. The May 2025 distribution for Purpose Global Bond Fund – ETF Units will be paid in June 2025.

    The following table reflects the final distribution amount for the May 2025 distribution for Purpose Global Bond Fund – ETF Units. Ex-distribution date for the May 2025 distribution is June 3, 2025.

    Open-End Fund Ticker
    Symbol    		 Final distribution
    per unit    		 Record Date Payable Date Distribution
    Frequency
    Purpose Global Bond Fund – ETF Units BND $0.0840 06/03/2025 06/06/2025 Monthly
     

    About Purpose Investments Inc.

    Purpose Investments Inc. is an asset management company with more than $24 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company.

    For further information please contact:
    Keera Hart
    Keera.Hart@kaiserpartners.com
    905-580-1257

    Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

    The MIL Network –

  • MIL-OSI Security: Sajah Konateh Pleads Guilty to Illegal Entry into the United States

    Source: Office of United States Attorneys

    Burlington, Vermont – The United States Attorney’s Office for the District of Vermont stated that on May 27, 2025, Sajah Konateh, 51, born in Sierra Leone and a citizen of The Gambia, pleaded guilty to a criminal information charging him with illegally entering the United States at a time or place other than designated for entering the country by immigration authorities.

    According to court records, on May 19, 2025, at approximately 11:45 p.m., the United States Border Patrol received an image of three individuals, including Konateh, walking south toward the bike path on North Derby Road in Derby, Vermont. This area is less than a tenth of a mile south of the United States/Canada border. Investigators believed that the three individuals had just entered the United States illegally from Canada. Border Patrol agents responded to the area, and found the three individuals, who appeared to be the same people in the image they had received, hiding in thick vegetation. The three defendants, including Konateh, were placed under arrest. Border Patrol conducted records checks, which indicated that Konateh had no current legal status in the United States.

    Konateh appeared before United States Magistrate Judge Kevin J. Doyle on May 27, 2025, where he pleaded guilty and received a time-served sentence. The two other individuals, Belvie Ikiela Lecka, 32, a citizen of the Democratic Republic of Congo and Ayse Gul Sakiner, 49, a citizen of Türkiye, pleaded guilty on May 20, 2025, to the same charges.

    Acting United States Attorney Michael P. Drescher commended the investigatory efforts of the United States Border Patrol.

    The prosecutor is Assistant United States Attorney Zachary Stendig. Konateh is represented by Assistant Federal Defender Sara Puls.

    This case is part of Operation Take Back America a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    MIL Security OSI –

  • MIL-OSI Security: Mexican National Allegedly Attempted to Smuggle Over 135 Pounds of Illicit Drugs Through Eagle Pass, Indicted for 12 Counts

    Source: Office of United States Attorneys

    DEL RIO, Texas – A federal grand jury in Del Rio returned an indictment today charging a Mexican national with 12 counts for allegedly attempting to transport more than 95 pounds of cocaine, 26 pounds of methamphetamine and 14 pounds of heroin into the United States.

    According to court documents, Wara America Castanon Campos, 39, attempted to enter the U.S. through the Eagle Pass Port of Entry on May 1. She was referred during a Customs and Border Protection inspection to an x-ray scan, during which officers allegedly discovered anomalies in the rear of the vehicle. Further inspection allegedly revealed a total of 56 packages concealed in hidden compartments in the rear floorboard area, the vehicle’s rear quarter panels, and the spare tire of the vehicle. The packages allegedly contained three separate substances that tested positive for heroin, methamphetamine and cocaine. Castanon Campos was arrested and initially charged with importing a controlled substance.

    Castanon Campos is now charged in an indictment with four counts related to cocaine trafficking, four counts related to heroin trafficking, and four counts related to meth trafficking. She made her initial court appearance May 2 before U.S. Magistrate Judge Joseph A. Cordova of the U.S. District Court for the Western District of Texas. If convicted, she faces 10 years to life in prison for each count, a maximum fine of $10 million and at least five years of supervised release. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Acting U.S. Attorney Margaret Leachman for the Western District of Texas made the announcement.

    Homeland Security Investigations is investigating the case.

    Assistant U.S. Attorney Matt Kass is prosecuting the case.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN). 

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

    ###

    MIL Security OSI –

  • MIL-OSI: Kneat Announces Results of Voting at Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    LIMERICK, Ireland, May 28, 2025 (GLOBE NEWSWIRE) — kneat.com, inc. (TSX: KSI) (OTC: KSIOF) (“Kneat” or the “Company”) a leader in digitizing and automating validation processes, announced results from its Annual General Meeting of Shareholders (the “2025 AGM”), which took place today. All director nominees were elected to the board of directors (the “Kneat Board”) and KPMG LLP was appointed as auditors, as further described in the related Management Information Circular dated April 23, 2025 (the “Circular”).

    The detailed results of voting at the 2025 AGM are set out below:

    1.  Election of Directors

    Shareholders voted to elect all five directors nominated to the Kneat Board.

    Name of Nominee Number of Votes Cast Votes “For” Votes “For” %
    Ian Ainsworth 48,954,620 47,616,238 97.27%
    Edmund Ryan 48,954,620 48,954,095 100.00%
    Wade K. Dawe 48,954,620 47,008,047 96.02%
    Nutan Behki 48,954,620 47,644,301 97.32%
    Carol Leaman 48,954,620 48,939,765 99.97%
           

    2.  Re-Appointment of Auditors

    Shareholders voted to approve management’s recommendation that KPMG LLP be re-appointed as auditors of the Company, to hold office until the close of the next annual meeting of shareholders, and to authorize the Company to fix their remuneration for the forthcoming year.

    Number of Votes Cast Votes “For” Votes “For” %
    48,954,620 48,908,449 99.91%
         

    Final voting results on all matters voted at the 2025 AGM have been filed with Canadian securities regulators.

    About Kneat

    Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. As an industry leader in customer satisfaction, Kneat boasts an excellent record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end to end. Kneat Gx is fully ISO 9001 and ISO 27001 certified, fully validated, and 21 CFR Part 11/Annex 11 compliant. Multiple independent customer studies show up to 40% reduction in documentation cycle times, up to 20% faster speed to market, and a higher compliance standard.

    For further information:

    Katie Keita, Kneat Investor Relations
    P: + 1 902-706-9074
    E: katie.keita@kneat.com

    The MIL Network –

  • MIL-OSI USA: Two Men Sentenced to Prison for Role in International Human Smuggling Conspiracy that Resulted in the Death of a Family of Four

    Source: US State of North Dakota

    CategoriesEnglish, MIL OSI, US State Governments, US State of North Dakota

    Two men were sentenced today in the District of Minnesota after being convicted at a jury trial for their roles in an international human smuggling conspiracy that resulted in the deaths of four Indian nationals, including a three-year-old and 11-year-old child, in January 2022.   

    Harshkumar Ramanlal Patel, 29, an Indian national formerly of Florida, was sentenced to 10 years and one month in prison for his role in the conspiracy. Patel will be removed from the United States following his sentence. His co-conspirator, Steve Anthony Shand, 50, of Florida, was sentenced to six years and six months in prison followed by two years of supervised release. According to evidence presented at trial, Patel and Shand were part of a large-scale human-smuggling operation that brought Indian nationals to Canada on fraudulent student visas and then smuggled them into the United States across the northern border. Patel organized the logistics of smuggling aliens from Manitoba, Canada, into the United States, with other co-conspirators, and Shand picked up the aliens just south of the Canadian border in the United States and drove them to Chicago. Both men were paid for their roles in the conspiracy and disregarded the risks posed to the aliens by the cold weather at the northern border. According to evidence at trial, the going rate to be smuggled from India through Canada into the United States was $100,000.

    “Patel and Shand endangered thousands of lives for their personal enrichment and are responsible for the deaths of two small children who froze to death on their watch,” said Matthew R. Galeotti, Head of the Justice Department’s Criminal Division. “This case demonstrates the grave danger associated with human smuggling operations. I thank the prosecutors and our law enforcement partners in the U.S. and in Canada who are working to secure the northern border and end the perilous smuggling of aliens into the United States.”

    “Every time I think about this case I think about this family—including two beautiful little children—who the defendants left to freeze to death in a blizzard,” said Acting U.S. Attorney Lisa D. Kirkpatrick for the District of Minnesota.  “As we’ve seen time and time again, human traffickers care nothing for humanity. I am proud of the work of our law enforcement partners in holding these defendants accountable for their unspeakable crimes.”

    On Jan. 18 and 19, 2022, Patel and Shand, despite repeated warnings about the dangers, organized the smuggling of 11 aliens from Canada into the United States on foot in severe winter weather conditions, including a family of four – two adults, and their 11-year-old daughter and three-year-old son. On the evening of January 18, Shand sent Patel a screenshot with a blizzard alert warning of wind gusts as high as 50 mph and wind chill temperatures below -45 degrees. The recorded wind chill temperature on the morning of Jan. 19 was -36 degrees. In the early morning hours of Jan. 19, during blizzard conditions in Minnesota, a U.S. Border Patrol agent found Shand’s van stuck in the snow and arrested Shand along with two aliens. Contrary to Shand’s statement to law enforcement that there were no other aliens out in the snow, five more aliens emerged from the fields, including one suffering hypothermia with an internal temperature below 90 degrees who was airlifted to Regions Hospital in St. Paul, Minnesota. Later that day, the Royal Canadian Mounted Police (RCMP) found the dead bodies of the family of four frozen in an isolated area on the Canadian side of the international border. The boy was wrapped in a blanket with his father’s frozen glove covering his face. As proven at trial, Patel and Shand had been paid to smuggle the family into the United States.

    In November 2024, a federal jury convicted both defendants of conspiracy to bring aliens to the United States causing serious bodily injury and placing lives in jeopardy, conspiracy to transport aliens within the United States causing serious bodily injury and placing lives in jeopardy, attempted transportation of aliens for commercial advantage or private financial gain, and aiding and abetting the attempted transportation of aliens.

    “Today’s sentencing marks a crucial moment of accountability in a case that revealed the harrowing realities of human smuggling,” said Special Agent in Charge Jamie Holt of U.S. Immigration and Customs Enforcement (ICE) Homeland Security Investigations (HSI) St. Paul. “The callous disregard for life that led to the tragic deaths of an entire family will not be forgotten. At HSI, we remain steadfast in our mission to work with our partners across borders to dismantle criminal smuggling networks, bring justice to those responsible, and safeguard human dignity.”

    HSI and U.S. Customs and Border Protection conducted the investigation. The RCMP and the Justice Department’s Office of International Affairs provided substantial assistance.

    The sentencings are the result of the coordinated efforts of Joint Task Force Alpha (JTFA). JTFA, a partnership with the Department of Homeland Security (DHS), has been elevated and expanded by the Attorney General with a mandate to target cartels and other transnational criminal organizations to eliminate human smuggling and trafficking networks operating in Mexico, Guatemala, El Salvador, Honduras, Panama, and Colombia that impact public safety and the security of our borders. JTFA currently comprises detailees from U.S. Attorneys’ Offices along the southwest border. Dedicated support is provided by numerous components of the Justice Department’s Criminal Division, led by the Human Rights and Special Prosecutions Section (HRSP) and supported by the Money Laundering and Asset Recovery Section, the Office of Enforcement Operations, and the Office of International Affairs, among others. JTFA also relies on substantial law enforcement investment from DHS, FBI, and the Drug Enforcement Administration (DEA), and other partners. To date, JTFA’s work has resulted in more than 365 domestic and international arrests of leaders, organizers, and significant facilitators of alien smuggling; more than 334 U.S. convictions; more than 281 significant jail sentences imposed; and forfeitures of substantial assets.

    This case was also supported by the Extraterritorial Criminal Travel Strike Force (ECT) program, a partnership between the Justice Department’s Criminal Division and HSI. The ECT program focuses on human smuggling networks that may present particular national security or public safety risks, or present grave humanitarian concerns. ECT has dedicated investigative, intelligence and prosecutorial resources. ECT coordinates and receives assistance from other U.S. government agencies and foreign law enforcement authorities.

    Trial Attorney Ryan Lipes of the Criminal Division’s HRSP and Assistant U.S. Attorney Michael P. McBride of the District of Minnesota prosecuted the case.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces and Project Safe Neighborhood.

    MIL OSI USA News –

  • MIL-OSI Security: Albanian National and American Wife Charged with Making False Statements and Marriage Fraud

    Source: Office of United States Attorneys

    CAMDEN, N.J. – An Albanian national was charged with marriage fraud, and he and his wife, an American citizen, were both charged with making false statements on forms submitted to the United States Citizenship and Immigration Services (“USCIS”), U.S. Attorney Alina Habba announced.

    Elvis Harizaj, 25, of Cherry Hill, and Natasha Flores, 27, of Newark, were both charged with making false statements to the United States Citizenship and Immigration Services (“USCIS”).

    According to documents filed in these cases and statements made in Court:

    Harizaj is a citizen of Albania and entered into a sham marriage with Flores for the purpose of obtaining permanent residence in the United States.  On forms submitted to USCIS, Harizaj falsely stated that he lived with Flores and Flores falsely stated that she had never been married before.  Flores, in fact, had previously been married to a Brazilian national who obtained U.S. citizenship based on his marriage to Flores. In addition, Harizaj was charged with marriage fraud.

    The counts of false statements and marriage fraud both have a maximum penalty of five years’ imprisonment, a $250,000 fine, and a term of three years of supervised release.

    U.S. Attorney Habba credited special agents of Homeland Security Investigations, under the direction of Special Agent in Charge Ricky J. Patel, with the investigation.

    The government is represented by Assistant U.S. Attorney Joseph McFarlane in Camden.

    The charges and allegations contained in the complaint are merely accusations, and the defendants are presumed innocent unless and until proven guilty.

                                                                  ###

    MIL Security OSI –

  • MIL-OSI Security: Illinois Man Sentenced for Immigration Crime

    Source: Office of United States Attorneys

    BECKLEY, W.Va. – Joseph Sanchez, 33, of Fairbury, Illinois, was sentenced today to five years of federal probation, including six months on home detention, for participating in an immigration marriage fraud conspiracy.

    According to court documents and statements made in court, in or around August 2021, Sanchez was living in Greenbrier County, West Virginia. A foreign national who worked at a convenience store near Sanchez’s residence offered to pay Sanchez if he found a woman willing to marry the foreign national so he could obtain lawful permanent resident status, commonly known as a Green Card. Sanchez ultimately agreed to the request in exchange for $10,000 in cash. The understanding was that $5,000 would be paid upon the marriage being final, and another $5,000 would be paid once the foreign national received his Green Card.

    Sanchez arranged to have his sister-in-law marry the foreign national. Sanchez told his sister-in-law about the purpose of the arrangement and the financial benefits associated with it. The sister-in-law had only occasionally interacted with the foreign national, as a customer at his convenience store. The sister-in-law and Sanchez had no social connections to the foreign national beyond frequenting the convenience store.

    In September 2021, Sanchez’s sister-in-law and the foreign national were married in White Sulphur Springs. In March 2023, Sanchez traveled with the sister-in-law and the foreign national to Pittsburgh, Pennsylvania. The purpose of the trip was for the sister-in-law and the foreign national to attend an interview with U.S. immigration officials to trick those officials into believing the marriage was entered into in good faith and that the relationship between the sister-in-law and the foreign national was genuine. The scheme was unsuccessful, and the foreign national’s application was denied.

    The foreign national, Aakash Prakash Makwana, pleaded guilty on May 14, 2025, to aggravated identity theft. Makwana, 29, a citizen of India unlawfully residing in Ronceverte, admitted that he included the name and signature of a residential property manager without the individual’s authorization when he falsified a lease agreement as part of the marriage fraud scheme. Makwana is scheduled to be sentenced on September 26, 2025.

    The sister-in-law, Kalee Ann Huff, pleaded guilty on February 20, 2025, to marriage fraud and perjury. Huff, 28, now living in Fairbury, Illinois, admitted to her role in the marriage fraud scheme and to testifying falsely before a federal grand jury about material facts relating to the government’s investigation. Huff is scheduled to be sentenced on June 12, 2025.

    Acting United States Attorney Lisa G. Johnston made the announcement and commended the investigative work of the U.S. Department of Homeland Security-Homeland Security Investigations (HSI), and U.S. Citizenship and Immigration Services (USCIS).

    Chief United States District Judge Frank W. Volk imposed the sentence. Assistant United States Attorney Jonathan T. Storage prosecuted the case.

    A copy of this press release is located on the website of the U.S. Attorney’s Office for the Southern District of West Virginia. Related court documents and information can be found on PACER by searching for Case No. 5:24-cr-198.

    ###

     

    MIL Security OSI –

  • MIL-OSI Security: New York Man Pleads Guilty to Bank Fraud

    Source: Office of United States Attorneys

    KANSAS CITY, Mo. – A Bronx, Ny., man pleaded guilty in federal court today to bank fraud involving a scheme to obtain fraudulent automobile loans using stolen identities.

    Theo D. Cooke, 34, pleaded guilty before U.S. Chief District Judge Beth Phillips to one count of bank fraud.

    According to court documents, Cooke submitted applications online for automobile loans from local financial institutions.  To complete the loan applications, Cooke used the personal information of an identity theft victim, which included the identity theft victim’s name, date of birth, and social security number.  Cooke also submitted false and fraudulent supporting documentation with the loan application which consisted of a fake Certificate of Title for the automobile purportedly being purchased, a fake pay stub in the name of the identity theft victim, and a fraudulent Missouri-Proof of Auto Insurance Card in the name of the identity theft victim.

    After the loan application was approved, Cooke visited a bank branch location where he signed a security agreement and/or a promissory note in the name of the identity theft victim.  Cooke also presented a fraudulent driver’s license with his picture, but the information of the identity theft victim to bank personnel to finalize the loan.  Through this scheme, which occurred from approximately January through May 2023, Cooke victimized multiple banks in Missouri and the victim banks paid out at least $199,000 based on Cooke’s fraudulent automobile loans.

    Under federal statutes, Cooke is subject to a sentence of up to 30 years in federal prison without parole. The maximum statutory sentence is prescribed by Congress and is provided here for informational purposes, as the sentencing of the defendant will be determined by the court based on the advisory sentencing guidelines and other statutory factors. A sentencing hearing will be scheduled after the completion of a presentence investigation by the United States Probation Office.

    This case is being prosecuted by Special Assistant U.S. Attorney Bradley Cooper. It was investigated by the Federal Bureau of Investigation. 

    MIL Security OSI –

  • MIL-OSI Security: Two Men Sentenced for Role in International Human Smuggling Conspiracy that Resulted in the Deaths of a Family of Four During a January Blizzard

    Source: Office of United States Attorneys

    FERGUS FALLS, Minn. – Two men were sentenced today in the District of Minnesota after being convicted at a jury trial for their roles in an international human smuggling conspiracy that resulted in the deaths of four Indian nationals, including a three-year-old and 11-year-old child, announced Acting U.S. Attorney Lisa D. Kirkpatrick.

    “Every time I think about this case I think about this family—including two beautiful little children—who the defendants left to freeze to death in a blizzard,” said Acting U.S. Attorney Lisa D. Kirkpatrick.  “As we’ve seen time and time again, human traffickers care nothing for humanity.  I am proud of the work of our law enforcement partners in holding these defendants accountable for their unspeakable crimes.”

    “Today’s sentencing marks a crucial moment of accountability in a case that revealed the harrowing realities of human smuggling. The callous disregard for life that led to the tragic deaths of an entire family will not be forgotten,” said ICE Homeland Security Investigations St. Paul Special Agent in charge Jamie Holt. “At HSI, we remain steadfast in our mission to work with out partners across borders to dismantle criminal smuggling networks, bring justice to those responsible, and safeguard human dignity.”

    Harshkumar Ramanlal Patel, 29, was sentenced to 121 months in prison for his role in a human smuggling scheme.  The Court did not impose a term of supervised release on defendant Patel, citing the likelihood that Patel will be deported following his prison sentence.  Patel’s co-conspirator, Steve Anthony Shand, 50, received a sentence of 78 months followed by 2 years of supervised release.

    Trial evidence showed that Patel and Shand were involved in a major human smuggling operation that brought Indian nationals into Canada using fake student visas then illegally moved them across the U.S.-Canada border. Patel handled the coordination of smuggling individuals from Manitoba into the United States, while Shand picked them up after they crossed into the U.S. and transported them to Chicago. Both men were paid for their participation and ignored the life-threatening risks posed by the frigid conditions at the northern border. Testimony revealed that the going rate to be smuggled from India to U.S. from Canada was around $100,000.

    During a blizzard in January 2022, Shand and Patel, working with other co-conspirators, attempted to smuggle 11 aliens into the Unites States from Canada. Due to the storm conditions that night, Shand’s van got stuck in the snow. That turn of events forced the aliens to travel on foot for approximately seven hours in minus-36-degree wind chill and severe winter weather conditions while they searched for Shand’s vehicle. Two migrants found Shand while his van was stuck; the rest did not.

    A passerby pulled Shand’s van from the ditch. Soon thereafter, a U.S. Customs and Border Patrol agent arrived and suspected alien smuggling. Eventually, five additional aliens were located, one of whom was suffering from hypothermia so severe she had to be airlifted to Regions Hospital in St. Paul. Meanwhile, the Royal Canadian Mounted Police located the bodies of a family of four, two adults and two young children, who had separated from the larger group during the night.  The family died of hypothermia. The father was found still holding his infant child wrapped in a blanket. None of the 11 migrants was dressed appropriately for the severe, cold weather conditions.

    In November 2024, a federal jury found both defendants guilty of multiple charges, including conspiracy to bring aliens to the Unites States causing serious bodily injury and placing lives in jeopardy, conspiracy to transport aliens within the Unites States causing serious bodily injury and placing lives in jeopardy, attempted transportation of aliens for commercial advantage or private financial gain, and aiding and abetting the attempted transportation of aliens.

    “This case is a tragic reminder of the dangers of Human Smuggling. It is a clear example of how organizations exploit people for financial gain, regardless of the risk. The victims experienced the worst-case scenario firsthand; horrific conditions, injury, and death. We’re glad the smugglers are receiving consequences, but the crimes remain inexcusable. I’m proud of our agent’s persistence and collaboration between agencies; it is a testament to our commitment to border security,” said Special Operations Supervisor Ryan Gilberg of U.S. Border Patrol.

    In imposing sentence, U.S. District Court Judge John R. Tunheim explained that “Border smuggling is a very serious problem,” one that “exploits victims.” He noted that the night this family died was one “one of the coldest nights of the winter” and that these were “very dangerous conditions.”  Judge Tunheim said that the defendants “could have done something” and it “might have made a difference”—but they did nothing.

    This case is the result of an investigation conducted by U.S. Border Patrol and Homeland Security Investigations (“HSI”). The RCMP and the Justice Department’s Office of International Affairs provided substantial assistance.

    The sentencings are the result of the coordinated efforts of Joint Task Force Alpha (JTFA). JTFA, a partnership with the Department of Homeland Security (DHS), has been elevated and expanded by the Attorney General with a mandate to target cartels and other transnational criminal organizations to eliminate human smuggling and trafficking networks operating in Mexico, Guatemala, El Salvador, Honduras, Panama, and Colombia that impact public safety and the security of our borders. JTFA currently comprises detailees from U.S. Attorneys’ Offices along the southwest border. Dedicated support is provided by numerous components of the Justice Department’s Criminal Division, led by the Human Rights and Special Prosecutions Section (HRSP) and supported by the Money Laundering and Asset Recovery Section, the Office of Enforcement Operations, and the Office of International Affairs, among others. JTFA also relies on substantial law enforcement investment from DHS, FBI, and the Drug Enforcement Administration (DEA), and other partners. To date, JTFA’s work has resulted in more than 365 domestic and international arrests of leaders, organizers, and significant facilitators of alien smuggling; more than 334 U.S. convictions; more than 281 significant jail sentences imposed; and forfeitures of substantial assets.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organization and protect our communities for the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces and Project Safe Neighborhood.

    This case was prosecuted by the U.S. Attorney’s Office for the District of Minnesota and the Department of Justice’s Human Rights and Special Prosecutions Section. Acting United States Attorney Lisa D. Kirkpatrick represented the government at the sentencing hearings.

    MIL Security OSI –

  • MIL-OSI Security: Wewoka Resident Sentenced to 27 Years for Second-Degree Murder and Federal Firearm Crime

    Source: US FBI

    MUSKOGEE, OKLAHOMA – The United States Attorney’s Office for the Eastern District of Oklahoma announced that Joseph Celdon Mullins, age 22, of Wewoka, Oklahoma, was sentenced to 210 months in prison for one count of Murder in Indian Country – Second Degree.  Mullins was also sentenced to 120 months in prison for one count of using, carrying, brandishing, and discharging a firearm during and in relation to a crime of violence.  The terms are set to be served consecutively.

    The charges arose from an investigation by the Muscogee (Creek) Nation Lighthorse Tribal Police Department, the Seminole Nation Lighthorse Police Department, the Bureau of Indian Affairs, and the Federal Bureau of Investigations.

    On November 6, 2024, Mullins pleaded guilty to the charges.  According to investigators on June 20, 2023, Mullins pulled a 9mm pistol during an argument with a neighbor and fired twice.  One bullet struck the victim, who died on the scene.  The crimes occurred in Seminole County, within the boundaries of the Muscogee (Creek) Nation, in the Eastern District of Oklahoma.

    The Honorable John F. Heil, III, U.S. District Judge in the United States District Court for the Eastern District of Oklahoma, presided over the hearing.  Mullins will remain in the custody of the U.S. Marshals Service pending transportation to a designated United States Bureau of Prisons facility to serve a non-paroleable sentence of incarceration.

    Assistant U.S. Attorney Kevin Gross represented the United States.

    MIL Security OSI –

  • MIL-OSI Security: Two Men Sentenced to Prison for Role in International Human Smuggling Conspiracy that Resulted in the Death of a Family of Four

    Source: United States Attorneys General

    Two men were sentenced today in the District of Minnesota after being convicted at a jury trial for their roles in an international human smuggling conspiracy that resulted in the deaths of four Indian nationals, including a three-year-old and 11-year-old child, in January 2022.   

    Harshkumar Ramanlal Patel, 29, an Indian national formerly of Florida, was sentenced to 10 years and one month in prison for his role in the conspiracy. Patel will be removed from the United States following his sentence. His co-conspirator, Steve Anthony Shand, 50, of Florida, was sentenced to six years and six months in prison followed by two years of supervised release. According to evidence presented at trial, Patel and Shand were part of a large-scale human-smuggling operation that brought Indian nationals to Canada on fraudulent student visas and then smuggled them into the United States across the northern border. Patel organized the logistics of smuggling aliens from Manitoba, Canada, into the United States, with other co-conspirators, and Shand picked up the aliens just south of the Canadian border in the United States and drove them to Chicago. Both men were paid for their roles in the conspiracy and disregarded the risks posed to the aliens by the cold weather at the northern border. According to evidence at trial, the going rate to be smuggled from India through Canada into the United States was $100,000.

    “Patel and Shand endangered thousands of lives for their personal enrichment and are responsible for the deaths of two small children who froze to death on their watch,” said Matthew R. Galeotti, Head of the Justice Department’s Criminal Division. “This case demonstrates the grave danger associated with human smuggling operations. I thank the prosecutors and our law enforcement partners in the U.S. and in Canada who are working to secure the northern border and end the perilous smuggling of aliens into the United States.”

    “Every time I think about this case I think about this family—including two beautiful little children—who the defendants left to freeze to death in a blizzard,” said Acting U.S. Attorney Lisa D. Kirkpatrick for the District of Minnesota.  “As we’ve seen time and time again, human traffickers care nothing for humanity. I am proud of the work of our law enforcement partners in holding these defendants accountable for their unspeakable crimes.”

    On Jan. 18 and 19, 2022, Patel and Shand, despite repeated warnings about the dangers, organized the smuggling of 11 aliens from Canada into the United States on foot in severe winter weather conditions, including a family of four – two adults, and their 11-year-old daughter and three-year-old son. On the evening of January 18, Shand sent Patel a screenshot with a blizzard alert warning of wind gusts as high as 50 mph and wind chill temperatures below -45 degrees. The recorded wind chill temperature on the morning of Jan. 19 was -36 degrees. In the early morning hours of Jan. 19, during blizzard conditions in Minnesota, a U.S. Border Patrol agent found Shand’s van stuck in the snow and arrested Shand along with two aliens. Contrary to Shand’s statement to law enforcement that there were no other aliens out in the snow, five more aliens emerged from the fields, including one suffering hypothermia with an internal temperature below 90 degrees who was airlifted to Regions Hospital in St. Paul, Minnesota. Later that day, the Royal Canadian Mounted Police (RCMP) found the dead bodies of the family of four frozen in an isolated area on the Canadian side of the international border. The boy was wrapped in a blanket with his father’s frozen glove covering his face. As proven at trial, Patel and Shand had been paid to smuggle the family into the United States.

    In November 2024, a federal jury convicted both defendants of conspiracy to bring aliens to the United States causing serious bodily injury and placing lives in jeopardy, conspiracy to transport aliens within the United States causing serious bodily injury and placing lives in jeopardy, attempted transportation of aliens for commercial advantage or private financial gain, and aiding and abetting the attempted transportation of aliens.

    “Today’s sentencing marks a crucial moment of accountability in a case that revealed the harrowing realities of human smuggling,” said Special Agent in Charge Jamie Holt of U.S. Immigration and Customs Enforcement (ICE) Homeland Security Investigations (HSI) St. Paul. “The callous disregard for life that led to the tragic deaths of an entire family will not be forgotten. At HSI, we remain steadfast in our mission to work with our partners across borders to dismantle criminal smuggling networks, bring justice to those responsible, and safeguard human dignity.”

    HSI and U.S. Customs and Border Protection conducted the investigation. The RCMP and the Justice Department’s Office of International Affairs provided substantial assistance.

    The sentencings are the result of the coordinated efforts of Joint Task Force Alpha (JTFA). JTFA, a partnership with the Department of Homeland Security (DHS), has been elevated and expanded by the Attorney General with a mandate to target cartels and other transnational criminal organizations to eliminate human smuggling and trafficking networks operating in Mexico, Guatemala, El Salvador, Honduras, Panama, and Colombia that impact public safety and the security of our borders. JTFA currently comprises detailees from U.S. Attorneys’ Offices along the southwest border. Dedicated support is provided by numerous components of the Justice Department’s Criminal Division, led by the Human Rights and Special Prosecutions Section (HRSP) and supported by the Money Laundering and Asset Recovery Section, the Office of Enforcement Operations, and the Office of International Affairs, among others. JTFA also relies on substantial law enforcement investment from DHS, FBI, and the Drug Enforcement Administration (DEA), and other partners. To date, JTFA’s work has resulted in more than 365 domestic and international arrests of leaders, organizers, and significant facilitators of alien smuggling; more than 334 U.S. convictions; more than 281 significant jail sentences imposed; and forfeitures of substantial assets.

    This case was also supported by the Extraterritorial Criminal Travel Strike Force (ECT) program, a partnership between the Justice Department’s Criminal Division and HSI. The ECT program focuses on human smuggling networks that may present particular national security or public safety risks, or present grave humanitarian concerns. ECT has dedicated investigative, intelligence and prosecutorial resources. ECT coordinates and receives assistance from other U.S. government agencies and foreign law enforcement authorities.

    Trial Attorney Ryan Lipes of the Criminal Division’s HRSP and Assistant U.S. Attorney Michael P. McBride of the District of Minnesota prosecuted the case.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces and Project Safe Neighborhood.

    MIL Security OSI –

  • MIL-OSI: Houston American Energy Corp. Announces 1-for-10 Reverse Stock Split

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, TX, May 28, 2025 (GLOBE NEWSWIRE) — Houston American Energy Corp. (NYSE American: HUSA) (“HUSA” or the “Company”) announced today that its Board of Directors approved a reverse stock split of the Company’s common stock at a ratio of 1-for-10. The reverse stock split is intended to increase the market price per share of the Company’s common stock and help the Company satisfy the initial listing requirements of the New York Stock Exchange American (the “NYSE”) in connection with the closing of HUSA’s previously announced acquisition of Abundia Global Impact Group, LLC (“AGIG”).

    On April 24, 2025, at the Company’s special meeting of stockholders, the Company’s stockholders approved a reverse stock split of the Company’s common stock at a ratio in the range of 1-for-5 to 1-for-60, with such ratio to be determined by the Company’s Board of Directors. The reverse stock split is expected to be effective after market close on June 6, 2025 (the “Effective Time”) and the Company’s common stock will begin trading on a split-adjusted basis on the NYSE at the market open on June 9, 2025.

    At the Effective Time, every 10 issued and outstanding shares of the Company’s common stock will be converted into one share of the Company’s common stock. Once effective, the reverse stock split will reduce the number of issued and outstanding shares of common stock from approximately 15,686,533 to approximately 1,568,653 shares.

    Each stockholder’s percentage ownership interest in the Company will remain unchanged as a result of the reverse stock split. No fractional shares shall be issued in connection with the reverse stock split, and any fractional shares resulting from the reverse stock split will be rounded up at the participant level with The Depository Trust Company. Each certificate that immediately prior to the Effective Time represented shares of common stock shall thereafter represent that number of shares of common stock into which the shares of common stock represented by the certificate shall have been combined, subject to the elimination of fractional share interests as described above. Holders of the Company’s common stock held in book-entry form or through a bank, broker or other nominee do not need to take any action in connection with the reverse stock split. Stockholders of record will be receiving information from Standard Registrar & Transfer Co., Inc., the Company’s transfer agent, regarding their stock ownership following the reverse stock split.

    The reverse stock split will not modify any rights or preferences of the Company’s common stock. The trading symbol for the Company’s common stock will remain “HUSA.” The new CUSIP number for the Company’s common stock following the reverse stock split will be 44183U 308.

    Additional information about the reverse stock split can be found in the Company’s Definitive Proxy Statement filed with the Securities and Exchange Commission (the “SEC”) on April 11, 2025, a copy of which is also available at www.sec.gov or at www.houstonamerican.com under the SEC Filings tab located in the Reports and Filings page.

    About HUSA

    HUSA is an independent oil and gas company focused on the development, exploration, exploitation, acquisition, and production of natural gas and crude oil properties. Our principal properties, and operations, are in the U.S. Permian Basin. Additionally, we have properties in the Louisiana U.S. Gulf Coast region. For more information, please visit: https://houstonamerican.com/

    Important Information About the Proposed Acquisition and Where to Find It

    This press release relates to the previously announced proposed acquisition of Abundia Global Impact Group, LLC (“AGIG”), pursuant to the share exchange agreement, dated as of February 20, 2025, by and among HUSA and AGIG (the “Proposed Acquisition”). For additional information on the Proposed Acquisition, see HUSA’s Current Report on Form 8-K, filed on February 24, 2025, as well as the proxy statement dated April 11, 2025, that was delivered to HUSA’s stockholders as of the applicable record date established for voting on the Proposed Acquisition. HUSA also will file other documents regarding the Proposed Acquisition with the SEC.

    Investors and stockholders of HUSA are urged to carefully read the entire proxy statement and any other relevant documents filed with the SEC, as well as any amendments or supplements thereto, because they will contain important information about the Proposed Acquisition. The documents filed by HUSA with the SEC may be obtained free of charge at the SEC’s website at www.sec.gov, or by directing a request to HUSA at 801 Travis Street, Suite 1425, Houston, Texas 77002.

    Cautionary Note Regarding Forward-Looking Information:

    This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of, and subject to the safe harbor created by, Section 27A of the Securities Act, Section 21E of the Exchange Act and the Private Securities Litigation Reform Act of 1995, which are referred to as the “safe harbor provisions.” Statements contained or incorporated by reference in this press release that are not historical facts are forward-looking statements, including statements regarding HUSA’s or AGIG’s business and future financial and operating results, and other aspects of HUSA’s or AGIG’s operations or operating results. Words such as “may,” “should,” “will,” “believe,” “expect,” “anticipate,” “target,” “project,” and similar phrases that denote future expectations or intent regarding HUSA’s or AGIG’s financial results, operations, and other matters are intended to identify forward-looking statements that are intended to be covered by the safe harbor provisions. Investors are cautioned not to rely upon forward-looking statements as predictions of future events. The outcome of the events described in these forward-looking statements is subject to known and unknown risks, uncertainties, and other factors that may cause future events to differ materially from the forward-looking statements in this press release including:

    • risks relating to fluctuations of the market value of common stock, including as a result of uncertainty as to the long-term value of the common stock of HUSA or as a result of broader stock market movements;
    • the occurrence of any event, change, or other circumstances that could give rise to the termination of the Share Exchange Agreement;
    • failure to attract, motivate and retain executives and other key employees;
    • disruptions in the business of HUSA or AGIG, which could have an adverse effect on their respective businesses and financial results;
    • the unaudited pro forma combined consolidated financial information in the proxy statement is presented for illustrative purposes only and may not be reflective of the operating results and financial condition of the combination of HUSA and AGIG; and
    • other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the proxy statement, as well as HUSA’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, and other documents filed by HUSA from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements.

    The forward-looking statements included in this press release are made only as of the date hereof. HUSA does not undertake to update, alter, or revise any forward-looking statements made in this report to reflect events or circumstances after the date of this report or to reflect new information or the occurrence of unanticipated events, except as required by law.

    For additional information, view the company’s website at www.houstonamerican.com or contact Houston American Energy Corp. at (713) 222-6966.

    The MIL Network –

  • MIL-OSI Security: U.S. Attorney’s Office Secures Nearly $9 Million in Fraud and Money Laundering Proceeds from Fraudulently Obtained Paycheck Protection Program Loans

    Source: Office of United States Attorneys

    NEWARK, N.J. – On May 14, 2025, U.S. District Judge Michael E. Farbiarz entered a final judgment forfeiting to the United States approximately $7 million in fraud and money laundering proceeds, as well as a real property purchased with laundered fraud proceeds that has an estimated market value of nearly $2 million, United States Attorney Alina Habba announced.

    On May 6, 2024, the U.S. Attorney’s Office filed a civil forfeiture complaint against approximately $7 million in seized and frozen U.S. currency, as well as a real property in Cresskill, New Jersey, that was purchased with nearly $1 million in laundered fraud proceeds, alleging that the assets were the proceeds of fraud and money laundering offenses. As alleged in the complaint, between April 2020 and August 2020, Jae H. Choi (“Choi”) fraudulently obtained Paycheck Protection Program (“PPP”) loans totaling approximately $8,971,457, and then laundered those fraud proceeds through various financial accounts held in the names of Choi’s nominees, including Choi’s relative and various corporate entities that Choi controlled. According to the civil forfeiture complaint, Choi then spent the laundered fraud proceeds on personal expenses and purchased the Cresskill real property.

    United States Attorney Habba credited special agents of the Internal Revenue Service –Criminal Investigation, under the direction of Special Agent in Charge Jenifer L. Piovesan, special agents of the Social Security Administration, Office of the Inspector General’s Boston New York Field Division, under the direction of Special Agent in Charge Amy Connelly, postal inspectors of the U.S. Postal Inspection Service, under the direction of Inspector in Charge Christopher A. Nielsen, and special agents of the U.S. Small Business Administration, Office of Inspector General’s Eastern Region, under the direction of Special Agent in Charge Amaleka McCall-Braithwaite, with the investigation.

    The government is represented by Assistant U.S. Attorney Peter A. Laserna of the Bank Integrity, Money Laundering, and Recovery Unit of the Criminal Division in Newark.

                                                                            ###

    MIL Security OSI –

  • MIL-OSI Security: Man Convicted of 2012 Drug-Related Murder in Hartford

    Source: Office of United States Attorneys

    David X. Sullivan, United States Attorney for the District of Connecticut, announced that a federal jury in New Haven today found MELKUAN SCOTT, also known as “Mel,” “Young God,” “Young,” and “YG,” 34, guilty of the drug-related murder of Serafin Velez, 27, in Hartford on February 16, 2012.

    According to the evidence introduced during the trial, the murder was in retaliation for a failed marijuana transaction that cost Scott and others tens of thousands of dollars.  Velez and an associate had brokered the marijuana deal with individuals in New York.  After receiving the cash, the New York individuals gave Scott and his associates fake marijuana.  After the failed transaction, Scott forced Velez into a vehicle and ultimately drove him to Waverly Street, where Scott and an associate shot and killed Velez.

    The jury found Scott guilty of kidnapping resulting in Velez’s death, and with causing the death of Velez through the use of a firearm in furtherance of a drug trafficking crime.  At sentencing, which is not scheduled, Scott faces a mandatory sentence of life imprisonment.

    Scott, formerly of Hartford, has been detained in federal custody since April 2014 and recently completed a 13-year federal sentence for another offense.

    This matter has been investigated by the Federal Bureau of Investigation and the Hartford Police Department.  The case is being prosecuted by Assistant U.S. Attorneys Reed Durham, Robert S. Ruff, and Christopher J. Lembo.

    MIL Security OSI –

  • MIL-OSI: Talonvest Capital Raises over $112,000 for the Orange County Ronald McDonald House

    Source: GlobeNewswire (MIL-OSI)

    NEWPORT BEACH, CA, May 28, 2025 (GLOBE NEWSWIRE) — Talonvest Capital, Inc., a boutique commercial real estate advisory firm, participated in the 2025 Walk for Kids, the Orange County Ronald McDonald House’s largest annual fundraising event. This year’s walk helped raise over $400,000 to provide comfort, care, and support to children and families across Southern California facing pediatric medical challenges.

    Talonvest Capital was honored with the Top Corporate Fundraising Award for the eleventh consecutive year, contributing over $112,000 to support the House’s mission. This achievement was the result of generous contributions from a multitude of supporters including 1784 Holdings, Open Tech Alliance, Bixby Land Company, Merit Hill Capital, Metro Storage, Reliant Investments, Clark Investment Group, William Warren Group, SoCal Self Storage, Wells Fargo, Rosewood Property Company, and many others.

    Tom Sherlock, Co-founder of Talonvest Capital and Board of Trustee member of the RMHOC, commented, “It’s heartwarming to be part of this incredible community and an honor to be supported by so many friends, clients, and family members who make such a difference for families in a time of need.”   The collective impact of this fundraiser will help strengthen a community where families can find hope, courage, and joy in the face of adversity. Through its “home away from home” programs, the Ronald McDonald House of Orange County offers a place of rest and respite for caregivers and families as they navigate their child’s medical journey.

    About Talonvest Capital Inc.:

    Talonvest Capital is a commercial real estate advisory firm specializing in sourcing cutting-edge capital programs and advising on capital market trends for industrial, self-storage, multifamily, office, and retail property owners. Talonvest Capital offers a unique boutique approach by leveraging the company’s collective institutional knowledge and remaining highly engaged throughout the entire assignment, including the closing process, to deliver tailored capital solutions for their clients. With over four decades of experience, Talonvest Capital has a unique perspective from its team’s previous experience on the lending side, managing institutional equity, executing nationwide joint venture investments, and facilitating diverse capital placements for clients across the United States. Learn more at https://talonvest.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/da2f9077-b37e-4607-9c0a-3de38b9bd71c

    The MIL Network –

  • MIL-OSI: Quorum Announces Q1 2025 Results and Board Changes

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, May 28, 2025 (GLOBE NEWSWIRE) — Quorum Information Technologies Inc. (TSX-V: QIS) (“Quorum”), a North American SaaS Software and Services company providing essential enterprise solutions that automotive dealerships and Original Equipment Manufacturers (“OEMs”) rely on for their operations, released its results today for the first quarter of 2025, ended March 31, 2025. Financial references are expressed in Canadian dollars unless otherwise indicated. Please refer to the MD&A and Financial Statements posted onto SEDAR related to non-IFRS measures and risk factors.

    “I am pleased to announce that in Q1 2025, Quorum achieved consistent revenue year over year, in a quarter where tariffs are starting to impact the automotive industry in North America,” stated Maury Marks, President and CEO. “Quorum continued to pursue a strategy of profitable growth which delivered an Adjusted EBITDA1 margin of 15% in Q1 2025 and a Cash EBITDA2 margin of 10%, along with 1% organic growth in recurring revenues. Quorum has implemented $1.3 million in annual savings that will be fully realized in Q3 2025 including a BDC gross margin improvement plan, office lease cost savings, third-party service provider savings and other cost improvements. We are also pleased to announce that during Q1 2025 we paid down $0.3 million on our BDC Capital Cash Flow Loan and an additional $0.5 million on May 8, 2025.”

    “I would like to sincerely thank our employees, whose efforts were crucial in delivering our Q1 2025 plan and solid quarterly results,” said Mr. Marks. “Their efforts are complemented by our integrated suite of 13 essential software solutions and services. This product suite is fundamental to our profitable growth strategy, as it facilitates product cross-selling and plays a vital role in driving the success of our dealerships, thereby increasing value for both Quorum and its customers.”

    Consolidated Results for Q1 2025

        Q1 2025
    		 % Change 
    		 Q1 2024
    Total Revenue   $10,154,768   1%   $10,062,791  
    SaaS Revenue   $7,232,390   1%   $7,196,236  
    BDC Revenue   $2,610,657   4%   $2,513,570  
    Recurring Revenue   $9,843,047   1%   $9,709,806  
    Gross Margin   $4,825,306   (5%)   $5,085,481  
    Gross Margin %   48%       51%  
    Net Income   $52,533   (95%)   $1,123,921  
    Net Income per Share   $0.001       $0.015  
    Adjusted EBITDA   $1,522,635   (29%)   $2,141,695  
    Adjusted EBITDA Margin   15%       21%  
    Cash EBITDA   $1,020,628   (27%)   $1,396,262  
    Cash EBITDA Margin   10%       14%  

    ________________________
    1 Adjusted EBITDA (non-GAAP) – Net income before interest and financing costs, taxes, depreciation, amortization, stock-based compensation, impairment, gain on bargain purchase, one-time acquisition-related expenses and restructuring fees.
    2 Cash EBITDA (non-GAAP) – Adjusted EBITDA less stock-based compensation, one-time acquisition-related expense, repayment of lease liability, purchase of property and equipment and software development costs.


    First Quarter Results

    • Total revenue increased by 1% to $10.2 million in Q1 2025 compared to Q1 2024.
    • SaaS revenue increased by 1% to $7.2 million in Q1 2025 compared to Q1 2024.
    • BDC revenue increased by 4% to $2.6 million in Q1 2025 compared to Q1 2024.
    • Gross margin decreased by 5% to $4.8 million in Q1 2025 compared to Q1 2024.
    • Adjusted EBITDA was $1.5 million in Q1 2025, a decrease of $0.6 million compared to Q1 2024.
    • Cash EBITDA was $1.0 million in Q1 2025, a decrease of $0.4 million compared to Q1 2024.

    Board Changes

    Quorum is also pleased to announce the appointment of Steve Hammond to the Board of Directors. Steve will be taking the place of Scot Eisenfelder who will not be standing for election at the upcoming AGM after serving on Quorum’s board for 16 years. Steve brings decades of experience as an operator of enterprise software businesses, primarily in the utilities and healthcare verticals.

    “Since joining Quorum’s Board of Directors in 2009, Scot has provided invaluable strategic leadership and deep automotive expertise that have been instrumental in shaping Quorum’s success,” stated Mr. Marks. “His mentorship has also significantly influenced my growth as a leader. On behalf of myself and the Board of Directors, we would like to sincerely thank Scot for his contributions over the last 16 years.”

    Quorum Q1 2025 Results Conference Call Details and Investor Presentation

    Maury Marks, President and Chief Executive Officer and Marilyn Bown, Chief Financial Officer will present the Q1 2025 Results at a conference call with concurrent audio webcast, scheduled for:

    An updated Investor Presentation, replay of the results conference call, and transcripts of the conference call, will also be available at www.QuorumInformationSystems.com.

    About Quorum Information Technologies Inc.

    Quorum is a North American SaaS Software and Services company providing essential enterprise solutions that automotive dealerships and Original Equipment Manufacturers (“OEMs”) rely on for their operations, including:

    • Quorum’s Dealership Management System (DMS), which automates, integrates, and streamlines key processes across departments in a dealership, and emphasizes revenue generation and customer satisfaction.
    • DealerMine CRM, a sales and service Customer Relationship Management (“CRM”) system and set of Business Development Centre services that drives revenue into the critical sales and service departments in a dealership.
    • Autovance, a modern retailing platform that helps dealerships attract more business through Digital Retailing, improve in-store profits and closing rates through its desking tool and maximize their efficiency and Customer Satisfaction Index through Autovance’s F&I menu solution.
    • Accessible Accessories, a digital retailing platform that allows franchised dealerships to efficiently increase their vehicle accessories revenue. 
    • VINN Automotive, a premier automotive marketplace that streamlines the vehicle research and purchase process for vehicle shoppers while helping retailers sell more efficiently. 

    Contacts:

    Maury Marks
    President and Chief Executive Officer
    403-777-0036
    Maury.Marks@QuorumInfoTech.com

    Marilyn Bown
    Chief Financial Officer
    403-777-0036
    Marilyn.Bown@QuorumInfoTech.com

    Forward-Looking Information

    This press release may contain certain forward-looking statements and forward-looking information (“forward-looking information”) within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “anticipate”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “expect”, “may”, “will”, “project”, “should” or similar words suggesting future outcomes. Quorum believes the expectations reflected in such forward-looking information are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon.

    Forward-looking information is not a guarantee of future performance and involves a number of risks and uncertainties. Such forward-looking information necessarily involves known and unknown risks and uncertainties, which may cause Quorum’s actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking information.

    Quorum has filed its Q1 2025 unaudited condensed interim consolidated financial statements and notes thereto as at and for the three months ended March 31, 2025, and accompanying management and discussion and analysis in accordance with National Instrument 51-102 – Continuous Disclosure Obligations adopted by the Canadian securities regulatory authorities.

    Quorum Information Technologies Inc. is traded on the Toronto Venture Exchange (TSX-V) under the symbol QIS. For additional information please go to www.QuorumInformationSystems.com.

    Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed this release and neither accepts responsibility for the adequacy or accuracy of this release.

    PDF available: http://ml.globenewswire.com/Resource/Download/05b3f1e3-78f2-4e2b-9c8b-df995ca89b19

    The MIL Network –