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Category: Finance

  • MIL-OSI USA: ICE leads investigation as 4 Mexican nationals charged in international smuggling conspiracy bringing migrants from Canada into the US

    Source: US Immigration and Customs Enforcement

    BUFFALO, N.Y. — Four Mexican nationals unlawfully residing in the United States were charged May 2 for their roles in an international human smuggling conspiracy that illegally brought aliens across the Canadian border to the United States for profit.

    Edgar Sanchez-Solis, 23, unlawfully residing in Kansas City, Kansas; Ignacio Diaz-Perez, 35, unlawfully residing in Oakwood, Georgia; Samuel Diaz-Perez, 26, unlawfully residing in Dublin, Ohio; and Salvador Diaz-Diaz, 32, unlawfully residing in Columbus, Ohio, were charged by indictment with conspiracy to bring aliens to the United States and 25 counts of bringing aliens illegally to the United States for profit. U.S. Immigration and Customs Enforcement arrested the defendants at multiple locations throughout the United States. They are currently detained. Ignacio Diaz-Perez and Salvador Diaz-Diaz had been previously removed from the United States.

    “These individuals acted in blatant disregard of our nation’s laws, allegedly smuggling hundreds of aliens into the United States for thousands of dollars each,” said ICE Homeland Security Investigations Buffalo Special Agent in Charge Erin Keegan. “They’re alleged to have repeatedly put the public at risk through dangerous vehicle chases with law enforcement further demonstrating their contempt for the law and safety of others. We work every day with our partners in the U.S. Border Patrol and are proud to support the security of our borders and uphold public safety in our communities.”

    “As alleged, these defendants illegally entered this country and then sought to smuggle hundreds of aliens per week to the United States from Mexico, Central America, and South America through the Canadian border,” said Matthew R. Galeotti, Head of the Justice Department’s Criminal Division. “The defendants instructed smuggled aliens to make testimonial videos touting the enterprise’s services. In reality, the defendants imperiled their human cargo and innocent American lives when they repeatedly engaged in life-threatening conduct, including multiple high-speed getaways from law enforcement.”

    According to court documents, the four defendants were part of an alien smuggling organization that has been operating for the last two years in Mexico, Canada, and the United States. The four defendants, in exchange for money, conspired with others to smuggle hundreds of aliens per week from Mexico, Central America, and South America through Canada, into northern New York, including Franklin and Clinton Counties, as alleged in court documents. The aliens or their family members paid thousands of dollars to be smuggled into the United States. The defendants and their co-conspirators allegedly facilitated the illegal travel of the aliens from Mexico to Canada and then across the northern border, where they were picked up and driven farther into the United States.

    On multiple occasions members of the alien smuggling organization led local and federal law enforcement officers on high-speed vehicle chases along the U.S. northern border, creating a grave public safety risk, according to court documents. For example, in April 2023, smugglers allegedly fled the Burke Border Patrol Station’s sector at a high rate of speed after setting off a border sensor. Border Patrol successfully stopped the vehicle and apprehended the smugglers, who were transporting seven adult aliens and three minors. In another incident, in May 2023, the Clinton County Sheriff’s Office used a tire deflation device to stop a van carrying aliens after it allegedly failed to yield to both federal and state law enforcement. The smugglers and aliens allegedly fled on foot after the vehicle was disabled. As additionally alleged, in August 2023, a vehicle carrying aliens that was fleeing from Border Patrol drove into Plattsburgh, New York, where it drove erratically, passed vehicles in a congested traffic area, ran a red light, and struck a motorist at an intersection. The driver and six illegal aliens fled the accident scene on foot but eventually were apprehended.

    “This case demonstrates our relentless efforts to secure our northern border against the criminal organizations profiting from human smuggling and other illegal activities,” said U.S. Attorney John A. Sarcone III for the Northern District of New York. “We are grateful for our partnership with Joint Task Force Alpha as we work to dismantle these transnational criminal organizations and make our North Country communities safer.”

    “These charges are a testament to the hard work of the men and women of the United States Border Patrol and its partner agencies,” said Chief Patrol Agent Robert N. Garcia of the U.S. Border Patrol’s Swanton Sector. “The days of catch-and-release are over, and the reality is clear; if you attempt to enter the United States illegally, if you attempt to smuggle or traffic human beings, you will be apprehended and you will face severe consequences.”

    HSI Rouses Point and U.S. Border Patrol Burke Station led U.S. investigative efforts, with substantial assistance from HSI’s Human Smuggling Unit in Washington, D.C. and CBP’s National Targeting Center International Interdiction Task Force.

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

    MIL OSI USA News –

    May 13, 2025
  • MIL-OSI: Life Moments, in partnership with Relevant Software, launches AI Coaching Agent for financial institutions

    Source: GlobeNewswire (MIL-OSI)

    LVIV, Ukraine, May 12, 2025 (GLOBE NEWSWIRE) — Life Moments, a UK fintech company that helps financial organisations deliver best-in-class customer engagement, has launched an AI Coaching Agent in partnership with Relevant Software. Customers can use the agent for major financial decisions, such as buying a home, investing, or setting sustainability goals, with personalised guidance broken into clear, practical steps.

    Built for banks, wealth managers, insurers, and pension providers, it enables firms to embed white-labelled conversational AI agents into existing Life Moments Coaching solutions, as well as integrate them directly into a firm’s core app or website. Coaching solutions currently include:

    • Money Coach – uses customer intentions, knowledge, and learning preferences to deliver tailored financial education and next best actions.
    • Investment Coach – guides users through the investing journey based on their knowledge, investment stage, and risk comfort.
    • Sustainable Business Coach – supports SMEs on their sustainability journey and equips firms with actionable data for reporting and informed strategy.

    Unlike open AI tools, the Life Moments AI Agent operates within a secure, controlled environment with built-in compliance guardrails, designed to align with FCA guidelines. It uses only pre-approved content and adapts answers based on in-platform user data. Every output is auditable, brand-safe, and consistent with internal policies. The agent does not rely on any unverified or external sources, can be fully adjusted to match each firm’s tone and workflow, and captures all customer interactions to support regulatory reporting.

    “Our new AI Coaching solution takes our customer engagement offering to the next level,” said Ben Leonard, CEO and Co-Founder of Life Moments. “This is a truly differentiated feature that allows Financial Services firms to combine their trusted status with the power of AI and deliver real value for their customers.”

    Life Moments developed the platform together with Relevant Software, a trusted technology provider. They chose Relevant Software as a technology partner because of their deep expertise in fintech and hands-on experience in AI consulting. During the collaboration, Relevant Software not only supported development but also identified specific ways AI could bring real value to the business.

    “Relevant Software played a key role in the technical design and build of our platform and underlying infrastructure. As the platform continues to evolve, our five-year collaboration has deepened, strengthening our partnership as we work together to enhance its capabilities and support future growth.” – Paul Carse, CTO and Co-Founder of Life Moments

    The solution is now live on Life Moments’ own first-time buyer app, FirstHomeCoach, with several UK financial services firms preparing to launch their versions of the agent soon.

    About Life Moments

    Life Moments offers digital engagement tools that enable financial services firms to support their customers through key life events. For further information about its suite of products, please visit life-moments.co.uk.

    About Relevant Software

    Relevant Software is a global software development company that helps businesses turn ideas into scalable digital products. With 200+ projects delivered and a 9.8 NPS, they specialize in AI, fintech, and end-to-end product development. Learn more at relevant. software.

    The MIL Network –

    May 13, 2025
  • MIL-OSI: Urbana Corporation Has Filed 2025 First Quarter Interim Financial Statements

    Source: GlobeNewswire (MIL-OSI)

    /NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./

    TORONTO, May 12, 2025 (GLOBE NEWSWIRE) — Urbana Corporation (TSX & CSE: URB & URB.A)

    Urbana Corporation announces today that it has filed its unaudited interim Financial Statements and Management’s Discussion and Analysis for the three-month period ended March 31 2025 with the applicable Canadian securities regulators.

    PDF versions of the documents are available at www.urbanacorp.com and at www.sedarplus.ca.

    For further information contact:

    Elizabeth Naumovski
    Investor Relations
    (416) 595-9106 enaumovski@urbanacorp.com

    The MIL Network –

    May 13, 2025
  • MIL-OSI Africa: Special Tribunal sets aside R500 million Free State health tenders

    Source: South Africa News Agency

    Monday, May 12, 2025

    The Special Tribunal has ordered an Emergency Medical Services (EMS) company to pay back undue benefits gleaned from R500 million worth of unlawful tenders awarded by the Free State Health Department.

    The tribunal ruled that the tenders Buthelezi EMS and its associated companies were awarded for inter-facility emergency medical services were unlawful, unprocedural and unconstitutional.

    The Special Investigating Unit (SIU) had instituted civil proceedings in the tribunal to have tenders totalling some R532 789 770 awarded to the company and its affiliates reviewed and set aside.

    “Buthelezi and associated companies have been ordered to submit audited statements for expenses incurred, income received, and profit made under the unlawful contracts. Furthermore, the Tribunal ruling…ordered that Buthelezi pay the legal costs of the application and the SIU’s legal representatives. 

    “The SIU investigation into Buthelezi EMS contracts was initiated through Proclamation 42 of 2019. The order of the Special Tribunal is part of implementing SIU investigation outcomes and consequence management to recover financial losses suffered by State institutions because of corruption or negligence,” the SIU said.

    Furthermore, any criminality will be referred to the National Prosecuting Authority.

    “The SIU is empowered to institute a civil action in the High Court or a Special Tribunal to correct any wrongdoing uncovered during investigations caused by corruption, fraud, or maladministration. In line with the Special Investigating Units and Special Tribunals Act 74 of 1996, the SIU refers any evidence pointing to criminal conduct it uncovers to the National Prosecuting Authority for further action,” the SIU said. – SAnews.gov.za

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    MIL OSI Africa –

    May 13, 2025
  • MIL-OSI United Kingdom: Company behind London art galleries which claimed to sell works by Banksy and Andy Warhol is shut down

    Source: United Kingdom – Executive Government & Departments

    Press release

    Company behind London art galleries which claimed to sell works by Banksy and Andy Warhol is shut down

    The company has been wound-up following a hearing at the High Court

    • Artwork Holdings Ltd, formerly Yield Gallery Limited, described itself as “contemporary art specialists offering the purchase and investment of artwork to the public” 

    • Insolvency Service investigations into the company found conflicting accounts as to whether it was trading, inaccurate accounts, and a suspected under-payment of VAT and corporation tax 

    • The company has been shut down by the High Court, with the Official Receiver appointed as liquidator

    A company with two London art galleries which marketed itself as selling works by famous artists such as Banksy, Andy Warhol and Tracey Emin has been shut down. 

    Artwork Holdings Ltd traded under the banner of Yield Gallery, which described itself as an internationally established “reputable and respected” contemporary and modern art gallery with two locations in London. 

    The business said it specialised in sourcing the rarest works by Banksy and Canadian street artist Richard Hambleton, offering collectors and investors the chance to own “original works from the artists”. 

    However, Insolvency Service investigations into Artwork Holdings were met with a lack of clarity over the company’s trading status, unreliable accounts, and a failure from the directors to adequately co-operate. 

    Artwork Holdings opposed the proceedings and asked the court to dismiss the winding-up petition presented by the Insolvency Service.  

    However, the company was wound-up at a hearing of the High Court in London on Monday 12 May. 

    Edna Okhiria, Chief Investigator at the Insolvency Service, said: 

    Our investigations into Artwork Holdings Ltd found several matters of concern. The company claimed to have ceased trading three years ago, but our investigators uncovered substantial evidence directly contradicting that account. Indeed, the company only changed its name to Artwork Holdings in November 2024.  

    Unreliable and inconsistent accounts were uncovered which did not provide a fair representation of the company’s business. The company and its director also failed to sufficiently co-operate with our investigations. 

    The public rightly expects companies to operate with transparency, file their tax returns, and comply with investigations by law enforcement. Artwork Holdings failed to do this and these matters of concern will now be investigated during the course of the company’s liquidation.

    Yield Gallery was founded in 2019 with a gallery based on Royal Parade, Blackheath, in south-east London. A second space, which the company said was the largest Richard Hambleton gallery in the world, opened on Eastcastle Street in Fitzrovia in June 2024. 

    Insolvency Service investigations into Artwork Holdings began in October 2023, with the company named Yield Gallery Limited at that point. The company had earlier traded under a different name, Yield for You Ltd. 

    Solicitors acting on behalf of the company told investigators that it had ceased trading over a period time, rather than at a particular point as is usually the case. No dates were provided, other than vague statements that it was either in late 2021 or early 2022. 

    A new company, YG Group Ltd, was alleged to have taken over the company’s business and trading activities. 

    But information obtained by the Insolvency Service directly contradicted this, with Yield Gallery’s website referencing the company’s full name on its contact page up until April 2024. 

    A rental agreement for one of Yield Gallery’s former locations was also signed by one of the directors in August 2022, more than six months after it claimed to have stopped trading. 

    Similarly, it advertised an exhibition in Soho in the autumn of 2023, with the licence agreement for the location giving the company name as Yield Gallery and the company number of Artwork Holdings. 

    Several Yield Gallery clients contacted by the Insolvency Service also said they had not been informed the company had ceased trading and that the business had been transferred to YG Group. 

    These issues were not disputed by the company’s active director, who blamed “lax administration”, a “lack of diligence” and “carelessness on my part” for the errors. 

    Inaccurate and unreliable accounts were also discovered during the investigations. 

    Investigators found payments from 64 customers totalling just over £2 million paid into two of the company’s bank accounts between December 2020 and April 2022. 

    But sales for that period were more than £4.2 million, suggesting more than half the company’s revenue did not pass through its bank account. 

    Investigators also found that a £50,000 Covid Bounce Back Loan had been secured by the company in June 2020. From the accounts seen by the Insolvency Service, it was not entitled to this government-backed loan as its turnover in 2019 was zero, not the £200,000 it needed to be to secure the funds. 

    The director claimed that the company was entitled to the Bounce Back Loan and that its accounts were wrong. 

    However, in response to questions from investigators who found that the company appeared to owe more than £100,000 in corporation tax, he said he was “unable to comment on the accuracy of the accounts”. 

    No evidence was provided by Artwork Holdings that it had declared and paid the corporation tax due on its trading. 

    Artwork Holdings was also not registered with HM Revenue and Customs as an art market participant which it was required to do to avoid falling foul of money laundering regulations. 

    Concerns were also identified that the company had not paid the appropriate amount of VAT. 

    The Official Receiver has been appointed as liquidator of Artwork Holdings Ltd. 

    All enquiries concerning the affairs of the company should be made to the Official Receiver of the Public Interest Unit: 16th Floor, 1 Westfield Avenue, Stratford, London, E20 1HZ. Email: piu.or@insolvency.gov.uk. 

    Based on the available evidence provided to the Insolvency Service, there is no indication that any of the artists named above had any direct relationship with the company.

    Further information

    • Artwork Holdings Ltd (company number 12067319) 

    • The Insolvency Service can investigate complaints about corporate abuse by live companies. This may include serious misconduct, fraud, scams or dishonest practice in the way the company operates. Further information on our live investigations can be found here 

    • Further information about the work of the Insolvency Service, and how to complain about financial misconduct, is available here.

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    Updates to this page

    Published 12 May 2025

    MIL OSI United Kingdom –

    May 13, 2025
  • MIL-OSI Security: Maryland Man Sentenced to 96 Months for Traveling to the District of Columbia for Sex with Child

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

    WASHINGTON – Nathaniel Lamar Nelson Scott, 36, of Bowie, Maryland, was sentenced today in U.S. District Court to 96-months in federal prison in connection with traveling to sexually abuse a six-year-old girl in the District of Columbia.

    The sentence was announced by U.S. Attorney Edward R. Martin Jr., FBI Special Agent in Charge Sean Ryan of the Washington Field Office Criminal and Cyber Division, and Chief Pamela Smith of the Metropolitan Police Department.

    Scott pleaded guilty October 16, 2024, to one count of travel with intent to engage in illicit sexual conduct. In addition to the prison term, the Honorable Dabney L. Friedrich ordered Scott to serve a lifetime term of supervised release and to register as a sex offender.

    According to the government’s evidence, in May 2024 Scott began communicating via an encrypted messaging application with a man he met on a fetish website. Scott believed the man to be a pedophile who was sexually abusing his six-year-old daughter. The man actually was an undercover officer with the MPD–FBI Child Exploitation and Human Trafficking Task Force. Over the next several days, Scott engaged in graphic conversations with the undercover officer about sexually abusing the purported child. On June 5, 2024, Scott arranged to meet for the purpose of engaging in sexual acts with the child. He traveled from Maryland to a pre-arranged meeting place in the District where he was arrested.

    This case is being brought as part of Project Safe Childhood, a nationwide initiative to combat the epidemic of child sexual exploitation and abuse, launched in May 2006 by the Department of Justice. Led by U.S. Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state, and local resources to better locate, apprehend and prosecute individuals who exploit children via the internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit www.justice.gov/psc.

    This case was investigated by the FBI Washington Field Office and MPD’s Child Exploitation and Human Trafficking Task Force. The task force is composed of FBI agents, along with other federal agents and detectives from northern Virginia and the District of Columbia. The task force is charged with investigating and bringing federal charges against individuals engaged in the exploitation of children and those engaged in human trafficking.

    The case is being prosecuted by Assistant U.S. Attorneys Jocelyn Bond and Paul V. Courtney.

    24cr287

    MIL Security OSI –

    May 13, 2025
  • MIL-OSI Security: Justice Department Announces Results of Operation Restore Justice: 205 Child Sex Abuse Offenders Arrested in FBI-Led Nationwide Crackdown, Including Five in the Eastern District of Michigan

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

    DETROIT – Today, the Department of Justice announced the results of Operation Restore Justice, a coordinated enforcement effort to identify, track and arrest child sex predators.  The operation resulted in the rescue of 115 children and the arrests of 205 child sexual abuse offenders in the nationwide crackdown.  The coordinated effort was executed over the course of five days by all 55 FBI field offices, the Child Exploitation and Obscenity Section in the Department’s Criminal Division, and United States Attorney’s Offices around the country.

    “The Department of Justice will never stop fighting to protect victims — especially child victims — and we will not rest until we hunt down, arrest, and prosecute every child predator who preys on the most vulnerable among us,” said Attorney General Pamela Bondi. “I am grateful to the FBI and their state and local partners for their incredible work in Operation Restore Justice and have directed my prosecutors not to negotiate.”

    “Every child deserves to grow up free from fear and exploitation, and the FBI will continue to be relentless in our pursuit of those who exploit the most vulnerable among us,” said FBI Director Kash Patel. “Operation Restore Justice proves that no predator is out of reach and no child will be forgotten. By leveraging the strength of all our field offices and our federal, state and local partners, we’re sending a clear message: there is no place to hide for those who prey on children.”

    “We are called to protect the most vulnerable members of our community, our children,” said U.S. Attorney Jerome F. Gorgon Jr.  “Our office will bring the full force of the law against those who exploit innocent children. We are firmly committed to working alongside our federal, state, and local partners to identify, investigate, and prosecute anyone who seeks to hurt our children.”

    “Operation Restore Justice demonstrates the strength of our law enforcement partnerships,” said Cheyvoryea Gibson, Special Agent in Charge of the FBI Detroit Field Office. “Members of the FBI Detroit Field Office’s Violent Crimes Against Children Task Force, along with the Macomb County FBI Gang and Violent Crime Task Force, greatly appreciate the coordinated efforts and support from our law enforcement partners, including ICE HSI, U.S. Border Patrol, CBP Air and Marine Operations, Macomb County Sheriff’s Office, Shelby Township Police Department, Royal Oak Police Department, Belleville Police Department, Westland Police Department, and Centerline Police Department. This operation led to multiple arrests across eastern Michigan, underscoring our commitment to protecting and strengthening community safety.”

    Those charged in the Eastern District of Michigan were:

    Adarius Carr, 36, of Belleville.  Carr is charged in a criminal complaint with distribution, receipt, and possession of child pornography.  The complaint alleges that Carr communicated with a convicted sex offender over an Internet-messaging service. The two discussed their sexual interest in children and exchanged images and videos of child pornography.

    Aroul Kaliamurthy, 53, of Westland, Michigan. Kaliamurthy was charged in a criminal complaint with transportation, possession, and access with intent to view child pornography.  It is alleged that Kaliamurthy traveled to North Carolina where he took hidden camera videos of a naked prepubescent child. Kaliamurthy is alleged to have possessed these electronic devices as well as images of child pornography on his cell phone and personal computers and brought them back to the Eastern District of Michigan.

    Scott Rocky, 57, of Centerline.  Rocky was charged in a criminal complaint with receipt, distribution, and possession of child pornography.  The complaint alleges that Rocky shared approximately 4141 files believed to be child pornography with other internet users over peer-to-peer software.

    Amor Pedro Martinez, 26, of Ecorse.  Martinez was charged in a criminal complaint with receipt, distribution, and possession of child pornography.  According to the criminal complaint, Martinez is alleged to have engaged in sexually explicit conversations on a messaging application with other individuals and received child pornography on this application from another user.

    Whitney Williams, 38.  Williams was charged in a criminal complaint with sex trafficking of a minor. According to the criminal complaint, Williams is alleged to have advertised, rented hotel rooms and transported a minor victim to engage in commercial sex acts.

    Others arrested around the country are alleged to have committed various crimes including the production, distribution, and possession of child sexual abuse material, online enticement and transportation of minors, and child sex trafficking. In Minneapolis, for example, a state trooper and Army Reservist was arrested for allegedly producing child sexual abuse material while wearing his uniforms. In Norfolk, VA, an illegal alien from Mexico is accused of transporting a minor across state lines for sex. In Washington, D.C., a former Metropolitan Police Department Police Officer was arrested for allegedly trafficking minor victims.

    In many cases, parental vigilance and community outreach efforts played a critical role in bringing these offenders to justice. For example, a California man was arrested about eight hours after a young victim bravely came forward and disclosed their abuse to FBI agents after an online safety presentation at a school near Albany, N.Y.

    This effort follows the Department’s observance of National Child Abuse Prevention Month in April and underscores the Department’s unwavering commitment to protecting children and raising awareness about the dangers they face. While the Department, including the FBI, investigates and prosecutes these crimes every day, April serves as a powerful reminder of the importance of preventing these crimes, seeking justice for victims, and raising awareness through community education.

    The Justice Department is committed to combating child sexual exploitation. These cases were brought as part of Project Safe Childhood, a nationwide initiative to combat the epidemic of child sexual exploitation and abuse launched in May 2006 by the Department of Justice. Led by U.S. Attorneys’ Offices and CEOS, Project Safe Childhood marshals federal, state, and local resources to better locate, apprehend, and prosecute individuals who exploit children via the internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, visit www.justice.gov/psc.

    The Department partners with and oversees funding grants for the National Center for Missing and Exploited Children (NCMEC), which receives and shares tips about possible child sexual exploitation received through its 24/7 hotline at 1-800-THE-LOST and on missingkids.org.

    The Department urges the public to remain vigilant and report suspected exploitation of a child through the FBI’s tipline at 1-800-CALL-FBI (225-5324), tips.fbi.gov, or by calling your local FBI field office.

    Other online resources:

    Violent Crimes Against Children

    How we can help you: Parents and caregivers protecting your kids

     

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

     

    ###

    MIL Security OSI –

    May 13, 2025
  • MIL-OSI Security: Justice Department Announces Results of Operation Restore Justice: 205 Child Sex Abuse Offenders Arrested in FBI-Led Nationwide Crackdown, Including Seven in the Western District of Michigan

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

              May 7, 2025 – Today, the Department of Justice announced the results of Operation Restore Justice, a coordinated enforcement effort to identify, track and arrest child sex predators.  The operation resulted in the rescue of 115 children and the arrests of 205 child sexual abuse offenders in the nationwide crackdown.  The coordinated effort was executed over the course of five days by all 55 FBI field offices, the Child Exploitation and Obscenity Section in the Department’s Criminal Division, and United States Attorney’s Offices around the country.

              “The Department of Justice will never stop fighting to protect victims — especially child victims — and we will not rest until we hunt down, arrest, and prosecute every child predator who preys on the most vulnerable among us,” said Attorney General Pamela Bondi. “I am grateful to the FBI and their state and local partners for their incredible work in Operation Restore Justice and have directed my prosecutors not to negotiate.”

              “Every child deserves to grow up free from fear and exploitation, and the FBI will continue to be relentless in our pursuit of those who exploit the most vulnerable among us,” said FBI Director Kash Patel. “Operation Restore Justice proves that no predator is out of reach and no child will be forgotten. By leveraging the strength of all our field offices and our federal, state and local partners, we’re sending a clear message: there is no place to hide for those who prey on children.”

              Acting U.S. Attorney Andrew Birge advised that “With this operation, we are amplifying the message that the Department is fully committed to securing justice for the most innocent of victims: children in our communities.”

              “Operation Restore Justice highlights the importance of collaboration among federal, state, and local law enforcement agencies,” said Cheyvoryea Gibson, Special Agent in Charge of the FBI Detroit Field Office. “The members of the FBI Grand Rapids WEBCHEX Task Force and the Lansing Resident Agency appreciate the vital support from our partners, including the Michigan State Police, Kent County Sheriff’s Office, Ottawa County Sheriff’s Office, Newaygo County Sheriff’s Office, Norton Shores Police Department, Grand Rapids Police Department, Lansing Police Department, and the Muskegon County Prosecutor’s Office. This coordinated effort led to numerous arrests across western Michigan and in Arkansas and Tennessee, with crucial assistance from the FBI Little Rock (Texarkana Resident Agency) and Nashville (Knoxville Resident Agency) Field Offices. Operation Restore Justice demonstrates our shared commitment to public safety in Michigan and throughout the United States.”

              In the Western District of Michigan, seven individuals were arrested and charged with federal crimes: Christian Vanderveen, of Comstock Park; Paul Masko, of Grand Haven; Terry Hopkins, of Muskegon Heights; Martell Scott-Ware, of Grand Rapids; Shauntelle Blackmon, of Arkadelphia, Arkansas; Joesph Brandon, of Knoxville, Tennessee; and George Edward Lebaron, of Egelston Township.

    *  Christian Vanderveen, 24, of Comstock Park, was charged by Complaint with Sexual Exploitation of a Child. According to court documents, Vanderveen repeatedly requested sexually explicit images from a minor who was under the age of thirteen. Evidence obtained from his cell phone revealed the sexually explicit media, as well as Vanderveen’s requests. In an interview with law enforcement, Vanderveen admitted to this conduct.

    If convicted, Vanderveen faces a mandatory minimum penalty of 15 years in prison, and a maximum penalty of 30 years.

    This case was investigated by the Michigan State Police and FBI.

    # # #

    *  Paul Masko, of Grand Haven, was indicted for three counts of Sexual Exploitation of a Child.  Each charge is punishable by a minimum of 15 years, and a maximum of 30 years, in prison.

    Masko was a teacher at a public school in Muskegon County.  The indictment alleges that Masko gave his phone to a minor victim and directed the minor to take pictures of explicit images of the minor on the minor’s cell phone.

    This case was investigated by the Muskegon County Sheriff’s Department, the Grand Haven Department of Public Safety, and the FBI.

    # # #

    * Terry Hopkins, of Muskegon Heights, was indicted for possession of child pornography.

    Hopkins was previously convicted of possession of child sexually abusive material on two occasions and criminal sexual conduct with a minor.  As a result, he is subject to an enhanced sentence if convicted – a minimum of 10 years and a maximum of 20 years in prison.

    This case was investigated by the Michigan State Police, Michigan Department of Corrections, and the FBI.

    # # #

    * Martell Scott-Ware, 29, of Grand Rapids and Shauntelle Blackmon, 23, of Arkadelphia, Arkansas, were indicted on criminal charges related to alleged sexual exploitation of a child. The grand jury also returned a separate charge accusing Blackmon alone of sex trafficking of a child.

    According to court documents, Scott-Ware and Blackmon are charged with persuading a minor female under the age of 16 to engage in sexual activity, which Scott-Ware and Blackmon then recorded. Blackmon also allegedly recruited and offered the same minor for commercial sexual activity, both in the Western District of Michigan and in Arkansas.

    If convicted, Scott-Ware and Blackmon each face a mandatory minimum penalty of 15 years in prison on their charge of sexual exploitation of a child. Blackmon faces a separate mandatory minimum of 10 years and up to life in prison on the sex trafficking charge.

    The Michigan State Police and FBI investigated this case.

    # # #

    * Joseph Brandon, of Knoxville, Tennessee, was arrested by criminal complaint on charges related to the sexual exploitation of a child.  According to court documents, Brandon formed an agreement with a man in Michigan to use social media accounts to produce and trade child pornography.

    If convicted, Brandon faces a mandatory minimum penalty of 15 years in prison, and a maximum penalty of 30 years.

    This FBI investigated this case

    # # #

    *  George Edward Lebaron, of Egelston Township, was arrested by criminal complaint on charges related to alleged coercion and enticement of a minor, receipt of child pornography, and possession of child pornography.

    According to court documents, Lebaron is charged with establishing an online relationship with a 14-year-old girl and coercing and inducing her to send him naked pictures of herself.  Lebaron asked another minor girl to also send him naked pictures.  Lebaron was previously convicted in 2003 of criminal sexual conduct in the second degree for a victim under 13 years old.

    If convicted, Lebaron faces a mandatory minimum of 10 years and up to life in prison if convicted of coercion and enticement.  If convicted of receipt of child pornography, he faces a mandatory minimum of 15 years and a maximum of 40 years in prison.  If convicted of possession of child pornography, Lebaron faces a mandatory minimum of 10 year and a maximum of 20 years in prison.

    The FBI is investigating this case.

    # # #

              Others arrested around the country are alleged to have committed various crimes including the production, distribution, and possession of child sexual abuse material, online enticement and transportation of minors, and child sex trafficking. In Minneapolis, for example, a state trooper and Army Reservist was arrested for allegedly producing child sexual abuse material while wearing his uniforms. In Norfolk, VA, an illegal alien from Mexico is accused of transporting a minor across state lines for sex. In Washington, D.C., a former Metropolitan Police Department Police Officer was arrested for allegedly trafficking minor victims.

              In many cases, parental vigilance and community outreach efforts played a critical role in bringing these offenders to justice. For example, a California man was arrested about eight hours after a young victim bravely came forward and disclosed their abuse to FBI agents after an online safety presentation at a school near Albany, N.Y.

              This effort follows the Department’s observance of National Child Abuse Prevention Month in April, and underscores the Department’s unwavering commitment to protecting children and raising awareness about the dangers they face. While the Department, including the FBI, investigates and prosecutes these crimes every day, April serves as a powerful reminder of the importance of preventing these crimes, seeking justice for victims, and raising awareness through community education.

              The Justice Department is committed to combating child sexual exploitation. These cases were brought as part of Project Safe Childhood, a nationwide initiative to combat the epidemic of child sexual exploitation and abuse launched in May 2006 by the Department of Justice. Led by U.S. Attorneys’ Offices and CEOS, Project Safe Childhood marshals federal, state, and local resources to better locate, apprehend, and prosecute individuals who exploit children via the internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, visit www.justice.gov/psc.

              The Department partners with and oversees funding grants for the National Center for Missing and Exploited Children (NCMEC), which receives and shares tips about possible child sexual exploitation received through its 24/7 hotline at 1-800-THE-LOST and on missingkids.org.

              The Department urges the public to remain vigilant and report suspected exploitation of a child through the FBI’s tipline at 1-800-CALL-FBI (225-5324), tips.fbi.gov, or by calling your local FBI field office.

    Other online resources:

    Electronic Press Kit

    Violent Crimes Against Children

    How we can help you: Parents and caregivers protecting your kids

    A complaint and an indictment are merely an allegation. The defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI –

    May 13, 2025
  • MIL-OSI: Byline Bank Expands Payments and Fintech Banking Group to Support Embedded Payment Solutions

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 12, 2025 (GLOBE NEWSWIRE) — Byline Bank today announced the expansion of its Payments and Fintech Banking division, including several key new hires and leadership appointments, which underscore the bank’s significant investment in embedded finance and modern digital payment solutions.

    Since bringing on industry veterans David Prochnow and Joe Wolsfeld to lead the fintech banking group in March 2024, Byline has taken significant steps in the fintech payments arena. Prior to joining Byline, Prochnow and Wolsfeld led Fifth Third Bank’s Newline embedded payments division, where they managed a portfolio of more than 100 fintech clients representing $2 billion in deposits. Together at Byline, they have built a sponsorship banking and embedded payments model centered on direct oversight, regulatory compliance and faster access to payment networks, enabling fintech clients to develop technology and custom payment solutions with confidence.

    “This team represents an important evolution for Byline as we continue to invest in innovation and meet our clients where they are,” said Alberto Paracchini, President and Chief Executive Officer of Byline Bank. “We’re proud to bring together some of the most experienced fintech banking professionals in the industry, who not only understand the needs of fintech founders but also know how to build these programs the right way—with stability, oversight and collaboration at their core.”

    The team’s strategy of direct, high-touch client engagement is well-timed and backed by the strength of a well-capitalized commercial bank with a history of managing complex business lines.

    “Despite new competitors entering the fintech space in recent years, there has been a gap in banks that want to serve and directly engage with fintech customers,” said Prochnow. “Our team at Byline knows from experience that successful fintech-bank partnerships are rooted in relationships.”

    To power this division, Byline has assembled a seasoned team with deep experience in building and managing complex embedded payment platforms. Led by Prochnow and Wolsfeld, the new team includes the following professionals, who bring a wide range of expertise and sophistication to the division:

    • Paul Garcia, Senior Vice President, Payments and Fintech Banking Risk Manager, joined in January after more than two decades with First National Bank of Omaha, TSYS, MB Financial and Fifth Third Bank, where he led both large-scale risk management teams and national business lines.
    • Ashley Kveton, Vice President and Fintech Banking Operations Director, joined in April following 17 years at MB Financial and Fifth Third Bank, where she held senior roles leading operations and client success groups within their national embedded payments and sponsorship banking division.
    • Joe Tarkington, Vice President of Sales and Relationship Management, joined Byline in April. He previously served as Vice President of Sales and Relationship Management for Newline at MB Financial and Fifth Third Bank.

    The group will provide third-party payment processing for treasury payment flows, issuing and deposit sponsorship banking for virtual card and account programs, and network sponsorship banking for independent sales organizations and payment processors. These offerings are built on a model of direct oversight, designed to streamline execution without relying on outside intermediaries.

    “The message from fintech clients is loud and clear,” said Wolsfeld. “They want to work directly with banks that have experienced teams that understand their business, and that’s what we’ve built here at Byline.”

    About Byline Bank
    Headquartered in Chicago, Byline Bank, a subsidiary of Byline Bancorp, Inc. (NYSE:BY), is a full-service commercial bank serving small- and medium-sized businesses, financial sponsors and consumers. Byline Bank operates over 40 branch locations throughout the Chicago and Milwaukee metropolitan areas. Byline Bank offers a broad range of commercial and community banking products and services, including small-ticket equipment leasing solutions, and is one of the top U.S. Small Business Administration (SBA) lenders according to the national SBA rankings by volume FY2024. Byline Bank is a member of FDIC and an Equal Housing Lender.

    Visit bylinebank.com for more information, and follow Byline Bank on Facebook, LinkedIn, X or Instagram for the latest news and updates.

    Media Contact:
    Allison Roche
    Marketing Communications & Partnerships Manager
    Byline Bank
    aroche@bylinebank.com

    Investor Contact:
    Brooks Rennie
    Investor Relations Director
    Byline Bank
    (312) 660-5805
    brennie@bylinebank.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e6afab2d-4383-4bbb-98d8-672498acf290

    The MIL Network –

    May 13, 2025
  • MIL-OSI: AI Innovation Takes Center Stage at iManage ConnectLive 2025

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 12, 2025 (GLOBE NEWSWIRE) — iManage, the company dedicated to Making Knowledge Work™, today announced that it will showcase its latest wave of AI-driven innovation at its flagship customer conference, iManage ConnectLive 2025. The company enters the event on a strong growth trajectory, driven by rapid adoption of generative AI capabilities and continued investment in modernizing knowledge work.

    Since the start of the year, iManage has signed 87 new customers, bringing its total to 4,275 organizations globally — including 80% of the AmLaw 100 and 41% of the Fortune 100. More than 75% of these customers rely on iManage Cloud, which saw 25.3% year-over-year growth in annual recurring revenue as of March 2025.

    AI-Powered Knowledge Work, Evolved
    A centerpiece of iManage’s innovation is Ask iManage, a secure, AI-powered assistant natively embedded in the iManage Work 10 experience. Launched in 2024 and rapidly enhanced in 2025, Ask iManage is designed to reduce context switching and elevate productivity — bringing AI directly into the tools professionals already use.

    Major recent enhancements include:

    • Smart Guided Actions: Ready-to-use intuitive capabilities like “Overview,” “Extract,” “Summarize,” and “Analyze” allowing users to get results from legal, financial and accounting content without needing expertise in prompt engineering.
    • Chronology Action: Automatically organizes events from documents into structured, citation-backed timelines, ideal for litigation prep, due diligence, checklist summaries and more.
    • Unified document insights with Ask Across: Extracts consistent, relevant answers from document sets, streamlining information gathering and review. This is particularly useful for legal teams who need to analyze large sets of documents quickly and efficiently.
    • Microsoft Word Integration: Stay within your work environment when drafting – Allows users to engage with Ask iManage capabilities directly in Word to summarize, extract, find and analyze content without switching applications and context switching.
    • Ask iManage History: Reference personalized project history to save, manage, and revisit Ask iManage document collections with ease and leverage previous work.

    These updates demonstrate iManage’s commitment to embedding AI seamlessly into daily workflows — helping customers unlock the full value of their organizational knowledge.

    Customers enabling Ask iManage are supported by the extensive Wayfinder program — a guided rollout initiative offering structured enablement, onboarding, and support for iManage Cloud customers. Feedback from Wayfinder participants has directly shaped new features, ensuring real-world relevance and immediate value.

    Continued Investment in the iManage Platform
    These AI advancements build on iManage’s broader investment in its core platform — ensuring that while AI accelerates insight and efficiency, the underlying user experience remains seamless, secure, and intuitive. From productivity features to cloud-native integrations, iManage continues to enhance the foundation that knowledge workers rely on every day.

    Unleashing Knowledge Velocity: Removing Friction, Advancing Governance
    iManage continues to drive meaningful productivity gains by removing friction from knowledge work — while also investing in the foundations that make AI effective: good data, responsible governance, and secure collaboration.

    iManage has introduced high-performance tools like iManage Work OCR — a high-speed, AI-powered optical character recognition capability that makes image-based documents searchable. Powered by Azure Document Intelligence – Read, the iManage Cloud OCR is now 25% more accurate, 100x faster, and supports 6x more throughput than previous versions. This powerful OCR capability exemplifies the ways the deep technical partnership between Microsoft and iManage delivers tangible benefits to today’s knowledge professionals.

    This improved OCR service, powered by Azure Document Intelligence – Read is available to all subscribed iManage Cloud Work OCR users at no additional cost.

    This is part of a broader strategy to Unleash Knowledge Velocity by helping customers build high-quality, well-governed data sets — the essential ingredient for effective use of AI. iManage’s integrated records management and governance capabilities ensure customers have integrated capabilities to meet the governance, security and compliance obligations.

    “As we welcome customers to ConnectLive 2025, we’re excited to showcase the innovations that are reshaping how legal and knowledge professionals work,” said Neil Araujo, CEO, iManage. “This year marks our 30th anniversary — a milestone that reflects our long-standing commitment to empowering professionals to maximize their productivity while also keeping their information assets governed and secure. With the rapid evolution of AI, we’re not just adding new features — we’re using AI to enhance our core capabilities and make the work that legal professionals do every day faster, smarter and safer.”

    ConnectLive 2025
    ConnectLive 2025 brings together legal, financial, and corporate professionals to explore the future of AI-powered knowledge work — and how modern platforms like iManage are enabling organizations to work safer, faster, and smarter.

    Across all three cities, attendees will gain hands-on exposure to the platform capabilities driving this transformation — from practical AI applications to records governance and secure collaboration. With over 30 sessions each day, the event offers deep dives into knowledge management innovation, customer use cases, and product strategy, as well as opportunities to connect with and learn from peers and iManage experts.

    Chicago Keynote Highlight
    Fireside Chat: Building an Effective AI Strategy: Tony Surma, CTO for Microsoft’s Americas Global Partner Solutions organization, joins Neil Araujo for a conversation on the real-world challenges and practical considerations of implementing a successful AI strategy.

    Whether attending in New York, Chicago, or London, ConnectLive attendees will experience how iManage is Unleashing Knowledge Velocity — helping organizations modernize their approach to information, build better data sets, and govern knowledge more effectively in the era of AI.

    • ConnectLive New York: May 13, 2025
    • ConnectLive Chicago: May 15, 2025
    • ConnectLive London: June 4, 2025

    Learn more here.

    About iManage
    iManage is dedicated to Making Knowledge Work™. Our cloud-native platform is at the center of the knowledge economy, enabling every organization to work more productively, collaboratively, and securely. Built on more than 20 years of industry experience, iManage helps leading organizations manage documents and emails more efficiently, protect vital information assets, and leverage knowledge to drive better business outcomes. As your strategic business partner, we employ our award-winning AI-enabled technology, an extensive partner ecosystem, and a customer-centric approach to provide support and guidance you can trust to make knowledge work for you. iManage is relied on by more than one million professionals at 4,000 organizations around the world. Visit www.imanage.com to learn more.

    Follow iManage via:
    LinkedIn: https://www.linkedin.com/company/imanage
    X: https://x.com/imanageinc
    YouTube: https://www.youtube.com/@iManage 

    Press contact:
    Alicia Saragosa, iManage
    press@imanage.com

    The MIL Network –

    May 13, 2025
  • MIL-OSI: Bitcoin Solaris Mobile Mining Delivers Daily Passive Income with Just a Smartphone

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, May 12, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris is redefining how users earn passive income in crypto. Through the Nova App — launching soon — anyone with a smartphone can begin mining BTC-S tokens with just a few gigabytes of storage and idle CPU. There’s no technical setup, no staking or delegation, and no need to lock up funds. Simply download, activate, and start earning rewards daily.

    A Simpler, Smarter Approach to Crypto Mining

    Designed with accessibility in mind, Bitcoin Solaris introduces a mobile-first mining model that makes crypto income available to everyone — even those with no prior experience in the blockchain space.

    Key benefits of BTC-S mobile mining:

    • One-click activation: No wallet configuration or mining rig required
    • Daily rewards: Earn BTC-S tokens based on uptime and participation
    • Full liquidity: No locked tokens — users maintain complete access to their assets
    • Scalable ROI: Returns increase with uptime, not token holdings

    A Powerful Infrastructure for Global Adoption

    At the heart of Bitcoin Solaris is a high-performance dual-layer blockchain architecture:

    • Base Layer: Secured by Proof-of-Stake (PoS) and Proof-of-Capacity (PoC)
    • Solaris Layer: Powered by Proof-of-History (PoH) and Proof-of-Time (PoT), enabling 10,000+ transactions per second and 2-second finality

    This layered design supports global scalability while ensuring network integrity, speed, and decentralization — all without compromising the user experience.

    Presale Now Live: Limited Supply, Fixed Emission

    Bitcoin Solaris is modeled after Bitcoin, with a hard cap of 21 million BTC-S tokens and a halving-based emission schedule. The project is currently in Presale Phase 3, where tokens are priced at 3 USDT. Only 4.2 million tokens (20%) are available during the presale. Phase 4 will see the token price increase to 4 USDT.

    Audited and Verified

    To reinforce transparency and community trust, Bitcoin Solaris has completed:

    • Cyberscope Audit
    • Freshcoins Audit
    • Full KYC Verification

    Bitcoin Solaris is building a new standard for mobile-first crypto mining — where passive income is simple, secure, and accessible to all. With no lockups, no technical hurdles, and a smartphone-only setup, BTC-S is putting the power of blockchain in the hands of the everyday user.

    Learn more and join the presale:
    Website: https://bitcoinsolaris.com/
    X: https://x.com/BitcoinSolaris
    Telegram: https://t.me/Bitcoinsolaris

    Media Contact:
    Xander Levine
    info@bitcoinsolaris.com

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

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

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8c262d47-5dbe-4f63-b719-ea96341e79c4

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e4ee41e1-029d-4fb2-9d28-e121f6a49e91

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e3c16c41-9dcf-440a-b573-75d2536685d8

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8b2742df-9ec2-47aa-b344-763b832e1497

    The MIL Network –

    May 13, 2025
  • MIL-OSI Asia-Pac: Speech by CE at “Partnering for Success – Hong Kong as a ‘Super Connector’ and ‘Super Value-adder’” High-level Business Luncheon in Qatar (English only)

    Source: Hong Kong Government special administrative region

    Following is the speech by the Chief Executive, Mr John Lee, at the “Partnering for Success – Hong Kong as a ‘Super Connector’ and ‘Super Value-adder’” High-level Business Luncheon in Qatar today (May 12):

    Honourable Ambassador Cao Xiaolin (Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to the State of Qatar), Your Excellency Ali bin Ahmed Al Kuwari (Minister of Finance of Qatar), Your Excellency Mohammed (Undersecretary of the Ministry of Commerce and Industry of Qatar, Mr Mohammed bin Hassan Al-Malki), Your Excellency Sheikh Khalifa (Chairman of Qatar Chamber of Commerce and Industry, Sheikh Khalifa bin Jassim bin Mohammed Al Thani), Your Excellency Sheikh Ali (Chief Executive Officer of Investment Promotion Agency Qatar, Sheikh Ali Alwaleed Al Thani), Your Excellency Sheikh Faisal (Chairman of the Qatari Businessmen Association, Sheikh Faisal bin Qassim Al Thani), distinguished guests, ladies and gentlemen, friends from Qatar, 

    MIL OSI Asia Pacific News –

    May 13, 2025
  • MIL-OSI: CBAK Energy to Report First Quarter 2025 Unaudited Financial Results on Monday, May 19, 2025

    Source: GlobeNewswire (MIL-OSI)

    DALIAN, China, May 12, 2025 (GLOBE NEWSWIRE) — CBAK Energy Technology, Inc. (NASDAQ: CBAT) (“CBAK Energy”, or the “Company”), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2025 on Monday, May 19, 2025, before the U.S. market opens. The earnings results will be available on the Company’s Investor Relations website, and will be filed with the Securities and Exchange Commission on a Form 8-K.

    CBAK Energy’s management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Monday, May 19, 2025 (8:00 PM Beijing/Hong Kong Time on May 19, 2025).

    For participants who wish to join our call online, please visit: 

    https://edge.media-server.com/mmc/p/wfu5unoh

    Participants who plan to ask questions at the call will need to register at least 15 minutes prior to the scheduled call start time using the link provided below. Upon registration, participants will receive the conference call access information, including dial-in numbers, a unique pin and an email with detailed instructions.

    Participant Online Registration: 

    https://register-conf.media-server.com/register/BIb49b754e574a43e68068965ba0234966

    Once completing the registration, please dial-in at least 10 minutes before the scheduled start time of the conference call and enter the personal pin as instructed to connect to the call.

    A replay of the conference call may be accessed within seven days after the conclusion of the live call at the following website: https://edge.media-server.com/mmc/p/wfu5unoh

    About CBAK Energy

    CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading high-tech enterprise in China engaged in the development, manufacturing, and sales of new energy high power lithium and sodium batteries, as well as the production of raw materials for use in manufacturing high power lithium batteries. The applications of the Company’s products and solutions include electric vehicles, light electric vehicles, energy storage and other high-power applications. In January 2006, CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has multiple operating subsidiaries in Dalian, Nanjing, Shaoxing and Shangqiu, as well as a large-scale R&D and production base in Dalian.

    For more information, please visit ir.cbak.com.cn.

    Safe Harbor Statement

    This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, strategy and plans, and our expectations for future operations, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements.

    Any forward-looking statements contained in this press release are only estimates or predictions of future events based on information currently available to our management and management’s current beliefs about the potential outcome of future events. Whether these future events will occur as management anticipates, whether we will achieve our business objectives, and whether our revenues, operating results, or financial condition will improve in future periods are subject to numerous risks.  There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: significant legal and operational risks associated with having substantially all of our business operations in China, that the Chinese government may exercise significant oversight and discretion over the conduct of our business and may intervene in or influence our operations at any time, which could result in a material change in our operations and/or the value of our securities or could significantly limit or completely hinder our ability to offer or continue to offer securities to investors and could cause the value of such securities to significantly decline or be worthless, the effects of the global Covid-19 pandemic or other health epidemics, changes in domestic and foreign laws, regulations and taxes, the volatility of the securities markets; and other risks including, but not limited to, the ability of the Company to meet its contractual obligations, the uncertain markets for the Company’s products and business, macroeconomic, technological, regulatory, or other factors affecting the profitability of our products and solutions that we discussed or referred to in the Company’s disclosure documents filed with the U.S. Securities and Exchange Commission (the “SEC”) available on the SEC’s website at www.sec.gov, including the Company’s most recent Annual Report on Form 10-K as well as in our other reports filed or furnished from time to time with the SEC. You should read these factors and the other cautionary statements made in this press release. If one or more of these factors materialize, or if any underlying assumptions prove incorrect, our actual results, performance or achievements may vary materially from any future results, performance or achievements expressed or implied by these forward-looking statements. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.

    For further inquiries, please contact:

    In China:

    CBAK Energy Technology, Inc.
    Investor Relations Department
    Email: ir@cbak.com.cn

    The MIL Network –

    May 13, 2025
  • MIL-OSI: Federal Home Loan Bank of Atlanta Issues Impact and Affordable Housing Advisory Council Report

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, May 12, 2025 (GLOBE NEWSWIRE) — Federal Home Loan Bank of Atlanta (FHLBank Atlanta) released its Impact and Affordable Housing Advisory Council (AHAC) Report, describing the organization’s highest year of funding to date for affordable housing and community development. The report also outlines the widespread reach of FHLBank Atlanta’s lending products for member institutions and the community investment programs positively impacting its district in 2024.  

    “We are proud of our work to provide nearly 800 financial institutions with access to funding to support local lending for small businesses, mortgages, and community development projects,” said Kirk Malmberg, president and CEO of FHLBank Atlanta. “Additionally, each year we work with members to ensure we offer affordable housing grant programs that address current needs. For 2024, this resulted in the introduction of Workforce Housing Plus+, a new initiative to provide downpayment assistance to a broader population of borrowers challenged by the rising cost of homes and high interest rates.”

    In total, FHLBank Atlanta contributed a record $120 million in grants for affordable housing and community development in 2024. Additional highlights of the report include:

    • $55 million distributed through the Affordable Housing Program (AHP) General Fund, supporting 66 projects that will create or rehabilitate more than 4,200 affordable housing units
    • $40 million distributed through the AHP Homeownership Set-aside Program, providing homeownership grants to more than 3,000 households for downpayment, closing cost, and home rehabilitation assistance
    • $20 million distributed through the Workforce Housing Plus+ program, providing downpayment and closing cost assistance to more than 1,300 households
    • $5.9 million in total allocated to 21 organizations addressing heirs’ property issues to help more than 5,000 families protect their assets and build generational wealth
    • $1 billion in Community Investment Program advances to support housing and economic development
    • $250,000 donated to the American Red Cross for recovery efforts following Hurricane Helene
    • 48 forums attended to promote financial literacy and homeownership knowledge sharing across the FHLBank Atlanta district

    The report also highlights FHLBank Atlanta’s culture of giving back, including its ongoing Community Involvement program and volunteerism efforts.

    “FHLBank Atlanta continues to remain a reliable source of lending for members, allowing us to deliver on our purpose of earning trust, building relationships, and bettering lives,” said Tomeka Strickland, senior vice president and director of community investment services of FHLBank Atlanta. “The record amount of grant funding we distributed last year is a direct reflection of our collaboration with members and commitment to our communities, and we look forward to strengthening these partnerships in 2025 to continue investing in the neighborhoods our members serve.”

    About Federal Home Loan Bank of Atlanta
    FHLBank Atlanta offers competitively-priced financing, community development grants, and other banking services to help member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities. The Bank is a cooperative whose members are commercial banks, credit unions, savings institutions, community development financial institutions, and insurance companies located in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and the District of Columbia. FHLBank Atlanta is one of 11 district banks in the Federal Home Loan Bank System (FHLBank System). Since 1990, the FHLBanks have awarded approximately $9.1 billion in Affordable Housing Program funds, assisting more than 1.2 million households. 
    For more information, visit our website at www.fhlbatl.com.

    Contact: Sheryl Touchton
    Federal Home Loan Bank of Atlanta
    stouchton@fhlbatl.com

    The MIL Network –

    May 13, 2025
  • MIL-OSI: AnyTech365 Announces Termination of Cooperation with J. Streicher

    Source: GlobeNewswire (MIL-OSI)

    MARBELLA, Spain, May 12, 2025 (GLOBE NEWSWIRE) — AnyTech365 announces today the termination of any cooperation with J. Streicher and brings to a close our current IPO effort.

    This decision follows a period during which J. Streicher failed to deliver on key commitments and were unable to raise the capital required to move the IPO process forward. Despite extended timelines and repeated assurances, the necessary progress was not achieved.

    Additionally, recent macroeconomic headwinds have led many companies to delay or suspend IPO plans. AnyTech365 believes that continuing to pursue the public markets at this stage, particularly by seeking a replacement M&A advisor, would be misaligned with current market sentiment and investor appetite.

    We will continue to explore opportunities to raise capital that support our long-term vision. This includes accelerating AI integration across our operations and products, pursuing strategic acquisitions within the AI sector, and capitalizing on the strong pipeline of growth opportunities we have cultivated.

    AnyTech365 remains confident in its direction and the strength of its business, and we thank our stakeholders for their continued trust and support.

    About AnyTech365

    AnyTech365 is a leading European IT Security company, leveraging the latest advancements in Artificial Intelligence (AI) technology to create cutting-edge security products and services, enhance device security, and elevate the way people experience technology.

    To learn more, visit www.anytech365.com

    Contacts:
    Investor Relations & Media Contacts
    Email: investorrelations@anytech365.com

    Source: AnyTech365

    The MIL Network –

    May 13, 2025
  • MIL-OSI: REMINDER: Boralex will release its 2025 first quarter financial results on May 14, at 9 a.m.

    Source: GlobeNewswire (MIL-OSI)

    MONTREAL, May 12, 2025 (GLOBE NEWSWIRE) — Boralex inc. (“Boralex” or the “Company”) (TSX: BLX) announces that the release of the 2025 first quarter results will take place on Wednesday, May 14, 2025, at 9 a.m.

    Financial analysts and investors are invited to attend a conference call during which the financial results will be presented.

    Date and time

    Wednesday, May 14, 2025, at 9 a.m. ET

    To attend the conference

    Webcast link: https://edge.media-server.com/mmc/p/3nwdfvm2 

    To attend the event by phone: Click here to register for the earnings call. Once you have completed your registration, you will receive a confirmation email containing the link and your personal PIN to connect to the call. If you lose this link and your PIN, you will be able to register again. You must register if you wish to attend the call by phone.

    Media and other interested individuals are invited to listen to the conference and view a presentation which will be broadcasted live and on a deferred basis on Boralex’s website at www.boralex.com. A full replay will also be available on Boralex’s website until May 14, 2026.

    The financial information will be released through a press release and on Boralex’s website on May 14, 2025, at 7 a.m.

    About Boralex

    At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France’s largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has more than doubled to over 3.1 GW. Our pipeline of projects and growth path total over 78GW in wind, solar and electricity storage projects. We develop those projects guided by our values and our corporate social responsibility (CSR) approach. Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, our discipline, our expertise and our diversity, we continue to be an industry leader. Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX.  

    For more information, visit boralex.com or sedarplus.com. Follow us on Facebook, LinkedIn and Instagram.  

    For more information

    MEDIA INVESTOR RELATIONS
    Camille Laventure
    Senior Advisor, Public Affairs and External Communications

    Boralex Inc.

    438-883-8580
    camille.laventure@boralex.com

    Stéphane Milot
    Vice President, Investor Relations and Financial Planning and Analysis

    Boralex Inc.

    514-213-1045
    stephane.milot@boralex.com

    Source: Boralex inc.        

    The MIL Network –

    May 13, 2025
  • MIL-OSI Global: If you really want to close the US trade deficit, try boosting innovation in rural manufacturing

    Source: The Conversation – USA – By Amitrajeet A. Batabyal, Distinguished Professor, Arthur J. Gosnell Professor of Economics, & Interim Head, Department of Sustainability, Rochester Institute of Technology

    President Donald Trump has long been preoccupied by the trade deficit — the gap between what the U.S. sells to the rest of the world and what it buys from it. He recently declared the issue a national emergency and used trade deficit data to calculate so-called “reciprocal tariffs” targeting nearly 100 countries. Although those specific tariffs are now on pause, Trump’s concern with the trade deficit persists.

    As an economist, I know there are two basic ways for a country to reduce a trade deficit: import less or export more. While Trump has focused on the former strategy, a more productive path may lie in the latter – especially by looking at untapped opportunities in rural America.

    Economists have long studied the differences between rural and urban regions. But while research shows that urban areas tend to be more technologically advanced, fast-growing and economically dynamic, economists have historically paid less attention to how regional differences affect export performance.

    New research is starting to fill that gap. Economists recently found that urban businesses export significantly more than rural ones – a difference with significant implications for national trade.

    The urban-rural export gap

    Looking at data from the Census Bureau’s Annual Business Survey as well as trade statistics from 2017 to 2020, researchers used econometric techniques to measure the urban-rural export gap. They also examined two categories of potential causes – “explained” and “unexplained.”

    The first is due to differences in what economists call “endowments” – for example, a region’s digital infrastructure, its access to renewable energy and its opportunities for high-tech employment. These endowments can be observed and therefore explained.

    The second is due to what economists call “structural advantage.” This refers to attributes of a region that matter for export performance but can’t be observed and, as a result, remain unexplained.

    They found that most of the urban-rural export gap is due to explained differences. That means rural businesses could close the export gap if they were provided with similar endowments – meaning comparable access to renewable energy, similar digital infrastructure and analogous opportunities for high-tech employment – to their urban counterparts.

    Even more strikingly, the unexplained component was negative – which means rural businesses outperform expectations given their characteristics. That suggests rural regions have significant untapped export potential.

    Several factors collectively account for the urban export advantage. First, urban regions have a greater concentration of highly educated science and technology workers. Urban businesses also tend to be larger and more tech-savvy, and because they have better access to broadband, they use cloud technology more frequently. Urban areas also have more foreign-born business owners who may leverage their international networks.

    However, many of these differences suggest possible policy solutions. For instance, since cloud adoption depends on broadband availability, it follows that investing in digital infrastructure could boost rural exports. Also, rural manufacturers, especially in sectors like metals manufacturing, show comparable or higher export intensity per worker than their urban counterparts. So encouraging rural manufacturing would be one way to reduce the urban-rural export gap.

    Rethinking trade and rural development

    I think this research has important policy implications.

    First, it shifts some of the focus away from other countries as the root cause of the trade deficit. And second, it bolsters the case for what economists call “place-based policies” targeting specific geographic areas – as opposed to “people-based policies,” which provide support directly to individuals.

    Even though many economists dislike place-based policies, they are increasingly attracting both academic and governmental attention.

    The 2022 CHIPS and Science Act had special significance to rural areas.

    During the Biden administration, three major laws – the Inflation Reduction Act, the CHIPS and Science Act and the Infrastructure Investment and Jobs Act – directed significant federal funds to rural areas. About 43% of funds from those laws – or US$440 billion – was designated as either “rural relevant” or as “rural stipulated,” meaning the funds were either geographically targeted or designed to address disproportionately rural challenges.

    Such massive investments in rural regions have led researchers and policymakers to question whether rural export underperformance stems from differences in observable endowments – in other words, things like access to broadband – or from inherent disadvantages that are much harder to deal with.

    In my view, this research provides compelling evidence that much of the urban-rural export gap is due to unequal distribution of productive assets, rather than inherent rural disadvantages. With appropriate investments in digital infrastructure, human capital and support for export-capable industries, America’s rural regions could play a much larger role in global trade. These findings also suggest the value of continued federal support for rural development efforts.

    In other words, if the U.S. wants to shrink its trade deficit, one answer could be more innovation in rural manufacturing.

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

    – ref. If you really want to close the US trade deficit, try boosting innovation in rural manufacturing – https://theconversation.com/if-you-really-want-to-close-the-us-trade-deficit-try-boosting-innovation-in-rural-manufacturing-255851

    MIL OSI – Global Reports –

    May 13, 2025
  • MIL-OSI: Healthcare Diagnostics Sector Witnessing Significant Growth in Artificial Intelligence Based Technologies

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., May 12, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Artificial Intelligence (AI) is becoming more essential in the medical markets every day, it seems. AI algorithms have demonstrated the capability to analyze vast amounts of medical data, including patient records and genetic information. This efficiency allows healthcare professionals to diagnose conditions more quickly and accurately, leading to better patient outcomes. AI-powered diagnostic tools can detect subtle patterns and indicators of diseases; this offers early detection and further works on early prevention of diseases. AI systems also help in assisting healthcare professionals with valuable tools, all these factors that offer improved diagnosis process act as a driver for the market’s growth. A report from MarketsAndMarkets projected that the global AI in medical diagnostics market is forecasted to grow at a robust CAGR of 22.5%, reaching US$1.71 billion in 2024 and an impressive US$4.72 billion by 2029. The report said: “Government initiatives towards increasing Al-based technologies, access to finance for Al-based startups, big data influx, and growing cross-industry alliances and collaborations are key drivers of this market’s growth. Growth in the AI in medical diagnostics market is primarily driven by the growing demand for AI tools, increasing focus on reducing the workload of radiologists, influx of large & complex datasets, funding for AI based startups, and growing cross-industry partnerships & collaborations.” Active healthcare/tech companies active in the markets include: Avant Technologies Inc. (OTCQB: AVAI), Tempus AI, Inc. (NASDAQ: TEM), Predictive Oncology Inc. (NASDAQ: POAI), Teladoc Health, Inc. (NYSE: TDOC), GE HealthCare (NASDAQ: GEHC).

    MarketsAndMarkets continued: “Emerging countries and the increasing focus on developing human-aware AI systems are expected to offer growth opportunities in the coming years. The European AI in medical diagnostics market is projected to reach USD 4,719.3 Million by 2029 growing at a CAGR of 22.5% during the forecast period. The diagnostics sector has seen a significant growth in demand for Al-based technologies over time due to their enormous potential in medical image diagnosis. Among the benefits are enhanced imaging triage and clinical decision assistance, quicker diagnostic image analysis, and effective interpretation of the smallest data that radiologists frequently overlook. With the help of these tools, radiologists may concentrate on improving patient care rather than image interpretation. In recent years, North America held the most market share in this industry. The lack of radiologists, the rise in chronic illnesses, improved research on the ethical application of AI in diagnostic tools, and study financing are some of the factors propelling the regional market’s expansion.”

    Avant Technologies, Inc. (OTCQB: AVAI) and Ainnova Tech Begin Acquisition Talks Ahead of FDA Pre-Submission Meeting – Avant Technologies, Inc. (“Avant” or the “Company”), and its JV partner, Ainnova Tech, Inc., (Ainnova), a leading healthcare technology company focused on revolutionizing early disease detection using artificial intelligence (AI), today announced the companies and their advisors have entered into negotiations for an acquisition to better compete in the rapidly changing global AI-driven healthcare industry.

    Six months ago, the two companies formed Ai-nova Acquisition Corp. (AAC) to advance and commercialize Ainnova’s technology portfolio, including its Vision AI platform and its versatile retinal cameras. During that time, the two companies completed further due diligence and focused on an opportunity to work together as one company. The Board of Directors and management team of Avant remain fully committed to executing the Company’s strategic plan, which is focused on enhancing long-term value. Leadership at Avant expects the negotiations to move forward with an acquisition of Ainnova.

    Both Avant and Ainnova agree that the time is now to solidify the relationship and move forward as one entity prior to the Company’s pre-submission meeting with the U.S. Food and Drug Administration in July for the planned clinical trial of its Vision AI platform in the early detection of diabetic retinopathy.

    Vinicio Vargas, Chief Executive Officer at Ainnova and a member of the Board of Directors of Ai-nova Acquisition Corp., said of the negotiations, “We believe bringing the two companies together will offer tremendous value for shareholders, it will simplify the process of advancing our technology to market, and it will deliver value to our customers and partners as we promote our technology portfolio globally.

    We feel the joint venture has been a success and both companies have worked well together toward a common goal, so we believe that we can be even more successful and use our resources more effectively as one company to further AI in healthcare.”

    Currently, AAC has the worldwide licensing rights for Ainnova’s technology portfolio. The licensing rights include the U.S., where the FDA regulates drug and medical device development, so both companies expect that an acquisition will unlock growth opportunities and drive sustained performance as both entities plan to interact with the FDA in July for an upcoming clinical trial working even more closely together under one banner.

    Vargas continued, “The success of our interactions with the FDA are crucial to our success in the clinic and eventually the success of marketing our technology portfolio in the United States and around the world. Entering the U.S. market will unlock significant commercial potential, and this early engagement with the FDA ensures that we can do so with speed, credibility, and a validated product.” CONTINUED… Read this and more news for Avant Technologies at: https://www.financialnewsmedia.com/news-avai/

    In other developments and happenings in the tech markets recently include:

    Tempus AI, Inc. (NASDAQ: TEM), a technology company leading the adoption of AI to advance precision medicine and patient care, has recently announced the launch of Notetaker, an AI-powered clinical assistant to aid psychiatrists in generating progress notes. Notetaker, which is available in Tempus Hub, ambiently records patient sessions to generate transcripts and clinical notes that can be seamlessly stored in patients’ electronic health records.

    Notetaker complements Tempus’ existing mental health platform designed to support clinicians in delivering personalized care. It joins other precision medicine solutions, including the Tempus nP pharmacogenomic test and PRO™, the company’s patient reported outcome solution.

    “We are excited to enhance our mental health platform with Notetaker, a tool built by clinicians, for clinicians, and thoughtfully designed to meet the unique demands of psychiatric care,” said Dr. Muneer Ali, Senior Director of Medical Affairs, Neurology and Psychiatry, at Tempus. “Notetaker eases the burden of clinical documentation, helping providers reclaim their time and streamline their workflow so they can focus on what matters most: their patients.”

    Teladoc Health, Inc. (NYSE: TDOC), the global leader in virtual care, recently announced it has acquired UpLift, an innovative and tech-enabled provider of virtual mental health therapy, psychiatry and medication management services.

    The acquisition supports the company’s strategy to further enhance its leadership position in virtual mental health, including the ability for consumers served by its BetterHelp segment to access benefits coverage for mental health services. UpLift serves the health plan market and has arrangements covering over 100 million lives, a network of over 1,500 mental health professionals, important capabilities and a talented team.

    GE HealthCare (NASDAQ: GEHC) recently announced an intended expansion of its radiation oncology portfolio as well as the introduction of the new AI-enabled MR Contour DL™ at the European Society for Therapeutic Radiology and Oncology (ESTRO) 2025 Congress in Vienna, Austria. The company will also showcase its updated Intelligent Radiation Therapy (iRT), a software solution that standardizes complex workflows, helping to enable a shorter timeline from diagnosis to treatment and more precise radiation therapy.

    According to the World Health Organization (WHO), cancer continues to be a leading cause of death worldwide, accounting for nearly ten million deaths per year. However, it is estimated that approximately one-third of these lives could be saved if cancer is detected and treated early. GE HealthCare’s solutions featured at ESTRO aim to empower healthcare professionals with advanced tools and technologies to deliver more precise care, improve timeliness and efficiency, and enhance patient outcomes.

    Renovaro Biosciences Inc., a TechBio leader focused on next-generation diagnostics, drug discovery, and genetically enhanced cancer therapies, recently provided an update regarding its Definitive Agreement with Predictive Oncology Predictive Oncology, Inc. (NASDAQ: POAI) to initiate the previously announced integration of AI/ML platform technologies, core laboratory capabilities and business development efforts in Europe and the United States.

    Renovaro entered into a binding merger agreement with Predictive Oncology, Inc. (“POI”) dated January 1, 2025, and supplemented with the Extension Agreement dated February 28, 2025 (collectively, the “Binding Agreements”). On April 3, 2025, Renovaro received an email from POI terminating the merger transaction. Renovaro’s position is that POI must comply with the binding obligations thereunder and enter into an exclusive License Agreement as required in each of the Binding Agreements. Renovaro notes that POI is in breach of the Binding Agreements and has caused substantial damage to Renovaro for which it will seek redress. Failure to enter into an exclusive License Agreement on the terms set forth in the Binding Agreement on or before April 10, 2025, will cause Renovaro to seek all its legal remedies to recover all its damages and/or seek additional remedies to fully redress the breaches.

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    DISCLAIMER:  FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM expects to be compensated forty nine hundred dollars for news coverage of the current press releases issued by Avant Technologies, Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

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    SOURCE: FN Media Group

    The MIL Network –

    May 13, 2025
  • MIL-OSI United Kingdom: Council balances its budget while protecting services and investing in Plymouth

    Source: City of Plymouth

    Plymouth City Council balanced its 2024/25 budget while protecting local services and investing in ambitious regeneration plans for the city despite facing significant cost and demand pressures, a report to Cabinet says.

    The provisional 2024/25 revenue and capital outturn report says that like other authorities the Council has faced significant challenges beyond its control, including inflationary increases in all services areas and growing cost and demand pressures in as children’s and adult social care, SEND provision and homelessness services, necessitating departments to deliver savings plans and maintain tight management of staffing costs.

    The £241.6 million revenue budget supported the delivery of more than 300 Council services, while a £109.3 million capital programme – a £17.9 million increase on the previous year – has helped draw in millions of pounds of investment into the city’s infrastructure and regeneration by levering in Government grants, developer contributions and borrowing.

    This invested in infrastructure schemes such as:

    • The Woolwell to the George improvement scheme, which will help ease congestion in the north of the city
    • The Derriford District Centre scheme, which has delivered a new retail centre providing popular stores and leisure facilities, while supporting local jobs.
    • The new Foulston Park, which is seeing the former Brickfields site being transformed into a centre for sporting excellence and community wellbeing
    • The city centre regeneration, including Old Town Street and New George Street improvements, Armada Way regeneration scheme and the Civic Square improvement scheme, helping inspire investor confidence in the city
    • Plymouth South National Marine Park, which is seeing the transformation of waterfront landmarks such as Tinside Lido with the support of lottery funding.

    Councillor Mark Lowry, Cabinet member for Finance, said: “It’s no mean feat to balance the books at year end when you face the scale of challenges that we have over the last year. The amount of hard work behind these figures shouldn’t be underestimated.

    “Despite these challenges we have remained committed to avoiding reductions to services and continuing to deliver the priorities and ambitions for Plymouth, with multiple schemes that result in tangible improvements for city residents.

    “While we did use our ‘usable reserves’ to offset some of the pressures that arose during the financial year, this was a considered and sensible approach that helped avoid cuts to valued services and to protect the elderly and vulnerable in the city. We have already made a commitment in our medium-term financial plan to rebuild the level of reserves in future budgets.

    “While this financial year promises to be no less challenging than the last, given the systemic issues with demand and cost pressures we are facing in social care services, I am confident that this Government understands the problems that councils are facing and will start to provide more support for addressing them than we have been used to in previous years.”

    MIL OSI United Kingdom –

    May 13, 2025
  • MIL-OSI United Kingdom: Is overprescribing of pain medication harming older people? A new study will explore chronic pain prescribing in older adults around the UK, with the aim of highlighting the extent of the population impacted and whether current treatments and processes meet their overall needs.

    Source: University of Aberdeen

    A new study will explore chronic pain prescribing in older adults around the UK, with the aim of highlighting the extent of the population impacted and whether current treatments and processes meet their overall needs.
    The National Institute for Health and Care Research (NIHR) funded HOPE-AO project is being led by the University of Plymouth in collaboration with the University of Aberdeen and other partners.
    Around four million older people across the UK live with varying degrees of chronic pain as a result of conditions including arthritis, diabetes or frailty.
    But while some people benefit from being prescribed analgesic medicines for pain relief, many end up receiving long-term repeated prescriptions – for medications ranging from paracetamol and ibuprofen, to opioids and antidepressants for weeks, months or even years at a time.
    The HOPE-AO project will investigate whether certain groups of the older population are prone to overprescribing and any side effects or other harms these medications can pose if taken for long periods.
    It also aims to identify alternative treatment solutions to reduce the use of unnecessary analgesic pain medicines, working with patients to develop a list of acceptable strategies that could be tested and implemented across the UK.
    The project is being led by researchers from the University of Plymouth, working with colleagues at the University of Exeter, Aston University, University of Aberdeen, and the North East London Foundation NHS Trust. It is funded by through a Programme Development Grant from the National Institute for Health and Care Research (NIHR).
    The project team comprises experts in the care of older people – including healthcare researchers, nurses, consultants, GPs, pharmacists and psychiatrists working across the UK – as well as medical statisticians and health economists. It also involves an advisory group of patients with lived experience of receiving repeat prescriptions for pain medication.
    During the project, the team will speak to patients aged 65 and over with a history of chronic pain for which they are taking, or have taken, analgesic medication, and families who cared for and supported relatives with chronic pain.

    Chronic pain is really common in older age and this work will provide foundation to further develop programmatic work which will be relevant to older people, healthcare professionals, service providers and policy makers.” Professor Phyo Myint

    They will also engage healthcare professionals who are either prescribing or supporting older adults taking analgesic medication for chronic pain management.
    Alongside this work, the team will conduct a wide-ranging statistical analysis of anonymised healthcare data, to understand more about older adults who are prescribed medication for chronic pain. This includes patterns in prescribing, health and demographic factors associated with pain medication use, and potential health outcomes, and will help identify those likely to benefit most from support.
    Patricia Schofield, Professor of Clinical Nursing at the University of Plymouth and one of the study’s Chief Investigators, said: “Very often, older people are told by a doctor that the most effective means of treating a health condition is through some form of pain relief. But they often don’t get any form of follow-up appointment and, as a generation, are less likely to seek one as they either feel pain is part of the ageing process or they don’t wish to be seen as a burden. The result is that they end up getting repeat prescriptions, potentially for pain medications they no longer need and also at significant cost to the NHS. This study will give us a clearer understanding of the scale of the issue which we can use to develop ways of benefitting patients and their families, and the healthcare professionals working to treat and support them.”
    Professor Phyo Myint, Chair in Old Age Medicine (Clinical) at the University of Aberdeen who is leading the Aberdeen-arm of the project added: “Chronic pain is really common in older age and this work will provide foundation to further develop programmatic work which will be relevant to older people, healthcare professionals, service providers and policy makers. We are delighted to be part of this exciting programme development award from the NIHR”
    Dr Carrie Stewart, Research Fellow at the University of Aberdeen added: “This is a wonderful opportunity for us to be involved in this innovative project which tackles an important issue in the care of older people; reducing harms from medicine use. Chronic pain is a difficult condition to live with and complex to manage. Through understanding the views of all who are affected by this, we can identify where potentially harmful medicines can be safely stopped, and identify where risks can be better managed or monitored, to improve the care, health and wellbeing of older people across the U.K.”
    Rajinder Flora, Assistant Director of NIHR Programme Grants for Applied Research, said: “We are pleased to fund this important project investigating the impact of overprescribing in older adults living with chronic pain. We’re proud to support research that brings together a range of expertise to improve care and help to save money for the NHS.”
    Victoria Abbott-Fleming MBE, founder of the charity Burning Nights CRPS Support, is the Chair of the Patient and Public Involvement and Engagement group for the HOPE-AO study. It will be made up of several adults over the age of 65 who live with chronic pain, and have received repeat prescriptions for pain medication.
    Victoria has herself lived for more than 20 years with a chronic pain condition, Complex Regional Pain Syndrome (CRPS), and set up Burning Nights to support those affected by it on a day-to-day basis and their families. She is also Chair of the Expert Patient and Carer Committee at the British Pain Society.
    She said: “I’m excited to support this study that places the voices of older adults and their carers at the heart of pain management. All too often, those living with chronic pain – especially older adults – are prescribed medication without regular review or consideration of alternative approaches. This study is a vital step towards more informed and balanced care, helping ensure that older people living with chronic pain are not just treated, but truly heard and supported.”
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    MIL OSI United Kingdom –

    May 13, 2025
  • MIL-OSI Security: Muscatine Woman Sentenced to 45 Years in Federal Prison for Production and Possession of Child Pornography

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

    DAVENPORT, Iowa –A Muscatine woman was sentenced today to 45 years in federal prison for producing and possessing child pornography.

    According to public court documents, Jessica Rochelle Peters, 37, produced seven videos and three photos containing child sexual abuse material in July 2021, including videos of Peters sexually abusing a minor victim. Peters sent the videos and photos to a man in Indiana, who sent Peters money. The Indiana man was charged with felony child endangerment and possession of child pornography. The charges were dismissed following the man’s death.

    After completing his term of imprisonment, Peters will be required to serve a 10-year term of supervised release. There is no parole in the federal system.

    United States Attorney Richard D. Westphal of the Southern District of Iowa made the announcement. This case was investigated by the Federal Bureau of Investigation-Child Exploitation Task Force.

    This case was brought as part of Project Safe Childhood, a nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse launched in May 2006 by the Department of Justice. Led by U.S. Attorneys’ Offices and the Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state, and local resources to better locate, apprehend and prosecute individuals who exploit children via the Internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit https://www.justice.gov/psc.

    MIL Security OSI –

    May 13, 2025
  • MIL-OSI Security: Justice Department Announces Results of Operation Restore Justice: 205 Child Sex Abuse Offenders Arrested in FBI-Led Nationwide Crackdown, Including One in the District of Nebraska

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

    Today, the Department of Justice announced the results of Operation Restore Justice, a coordinated enforcement effort to identify, track and arrest child sex predators.  The operation resulted in the rescue of 115 children and the arrests of 205 child sexual abuse offenders in the nationwide crackdown.  The coordinated effort was executed over the course of five days by all 55 FBI field offices, the Child Exploitation and Obscenity Section in the Department’s Criminal Division, and United States Attorney’s Offices around the country.

    “The Department of Justice will never stop fighting to protect victims — especially child victims — and we will not rest until we hunt down, arrest, and prosecute every child predator who preys on the most vulnerable among us,” said Attorney General Pamela Bondi. “I am grateful to the FBI and their state and local partners for their incredible work in Operation Restore Justice and have directed my prosecutors not to negotiate.”

    “Every child deserves to grow up free from fear and exploitation, and the FBI will continue to be relentless in our pursuit of those who exploit the most vulnerable among us,” said FBI Director Kash Patel. “Operation Restore Justice proves that no predator is out of reach and no child will be forgotten. By leveraging the strength of all our field offices and our federal, state and local partners, we’re sending a clear message: there is no place to hide for those who prey on children.”

    Acting United States Attorney Matthew R. Molsen said, “The U.S. Attorney’s Office and our local FBI partners have a long history of prioritizing these types of cases and working together to achieve justice for victims of these crimes. We were proud to contribute to this initiative.”

    On April 29, 2025, Kody Dickes, 34, of Ashland, Nebraska, was arrested by criminal complaint for distribution of child pornography and possession of child pornography.

    Others arrested around the country are alleged to have committed various crimes including the production, distribution, and possession of child sexual abuse material, online enticement and transportation of minors, and child sex trafficking. In Minneapolis, for example, a state trooper and Army Reservist was arrested for allegedly producing child sexual abuse material while wearing his uniforms. In Norfolk, VA, an illegal alien from Mexico is accused of transporting a minor across state lines for sex. In Washington, D.C., a former Metropolitan Police Department Police Officer was arrested for allegedly trafficking minor victims.

    In many cases, parental vigilance and community outreach efforts played a critical role in bringing these offenders to justice. For example, a California man was arrested about eight hours after a young victim bravely came forward and disclosed their abuse to FBI agents after an online safety presentation at a school near Albany, N.Y.

    This effort follows the Department’s observance of National Child Abuse Prevention Month in April, and underscores the Department’s unwavering commitment to protecting children and raising awareness about the dangers they face. While the Department, including the FBI, investigates and prosecutes these crimes every day, April serves as a powerful reminder of the importance of preventing these crimes, seeking justice for victims, and raising awareness through community education.

    The Justice Department is committed to combating child sexual exploitation. These cases were brought as part of Project Safe Childhood, a nationwide initiative to combat the epidemic of child sexual exploitation and abuse launched in May 2006 by the Department of Justice. Led by U.S. Attorneys’ Offices and CEOS, Project Safe Childhood marshals federal, state, and local resources to better locate, apprehend, and prosecute individuals who exploit children via the internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, visit www.justice.gov/psc.

    The Department partners with and oversees funding grants for the National Center for Missing and Exploited Children (NCMEC), which receives and shares tips about possible child sexual exploitation received through its 24/7 hotline at 1-800-THE-LOST and on missingkids.org.

    The Department urges the public to remain vigilant and report suspected exploitation of a child through the FBI’s tipline at 1-800-CALL-FBI (225-5324), tips.fbi.gov, or by calling your local FBI field office.

    Other online resources:

    Violent Crimes Against Children

    How we can help you: Parents and caregivers protecting your kids

     

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

    MIL Security OSI –

    May 13, 2025
  • MIL-OSI Security: Florida Couple Sentenced for Conspiracy to Commit Wire Fraud

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

    Acting United States Attorney Matthew R. Molsen announced that Jaiveer Tyee, 53, and Xanthe Tabbs, 56, both of Coral Gables, Florida, were sentenced on May 2, 2025 in federal court in for conspiracy to commit wire fraud. Chief United States District Judge Robert F. Rossiter, Jr. sentenced Tyee to 9 months’ imprisonment and Tabbs to 3 years’ probation. Tyee and Tabbs were also ordered to pay $138,926.71 in restitution. There is no parole in the federal system. After Tyee’s release from prison, he will begin a 3-year term of supervised release.

    From April 25, 2018, to July 19, 2018, Tyee and Tabbs conspired to participate in a scheme to defraud a company located in the District of Nebraska. The victim company specialized in subscription-based services for the analysis and delivery of real-time weather, agricultural, energy, and commodity market information.

    Using a spoofed email account, an unknown person posed as a vendor of the victim company and requested a change payment related to an invoice the victim company was in the process of paying.  The fraudulent email purporting to be from the vendor contained wiring instructions and third-party bank account information, that in fact was not associated with the vendor. The victim company’s employee, thinking the wire transfer request was legitimate, complied with the wire transfer request.

    On May 23, 2018, the victim company was induced into making an unauthorized wire transfer totaling $280,646 from its financial institution to a third-party bank account that was jointly accessed and controlled by Tyee and Tabbs.  After the unauthorized wire transfer was deposited, Tyee and Tabbs immediately conducted numerous financial transactions, which included obtaining cashier’s checks and making wire transfers to other bank accounts controlled and accessed by Tyee and Tabbs.  After detection of the fraudulently induced transfer, the victim company was able to recover a portion of the proceeds resulting a loss of $138,926.71.

    This case was investigated by the Federal Bureau of Investigation.

    MIL Security OSI –

    May 13, 2025
  • MIL-OSI Security: Federal Indictment Charges Three Alleged Members or Associates of Chicago Street Gang with Racketeering Conspiracy Involving Multiple Murders and Carjackings

    Source: Federal Bureau of Investigation (FBI) State Crime News

    CHICAGO — A federal superseding indictment returned today charges three alleged members or associates of a Chicago street gang with conspiring to commit multiple murders and carjackings in the city and suburbs.

    EDSON RESENDEZ, MAVERICK CELA, and PREZILA APREZA committed the violence as part of their membership or association with the Spanish Gangster Disciples street gang, a criminal organization based on the Northwest Side of Chicago, according to a second superseding indictment returned in U.S. District Court in Chicago.  Cela was among the leaders of the gang, the indictment states.  The indictment alleges that in furtherance of a racketeering conspiracy, Resendez, Cela, Apreza, and other gang members and associates committed three murders, two attempted murders, four carjackings, an attempted carjacking, and an act of arson. The violence occurred in a two-week period in 2020, the charges allege.

    Resendez, 23, Cela, 24, and Apreza, 24, all of Chicago, are in law enforcement custody. Arraignments on the new superseding charges have not yet been scheduled.

    The superseding indictment was announced by Andrew S. Boutros, United States Attorney for the Northern District of Illinois, and Douglas S. DePodesta, Special Agent-in-Charge of the Chicago Field Office of the FBI.  Valuable assistance was provided by the Skokie, Ill. Police Department, Chicago Police Department, Morton Grove, Ill. Police Department, and Berwyn, Ill. Police Department.  The government is represented by Assistant U.S. Attorneys Cornelius A. Vandenberg and Simar Khera.

    “Combating the unacceptable level of gang violence in the Chicago area has been and will continue to be a top priority in our Office,” said U.S. Attorney Boutros.  “As I mark my first 30 days as the United States Attorney, I want to emphasize that we are using every available federal law enforcement tool to bring impactful cases that hold violent gang members accountable and reduce violent crime.”

    “The FBI is committed to eradicating neighborhood street gangs and the violence unleashed in our communities,” said FBI Chicago SAC DePodesta.  “This investigation is just one of many cases worked by FBI Chicago’s Violent Crime Task Force along with our dedicated Task Force Officers (TFOs) and local law enforcement partners.  We remain united in using all available resources to ensure that groups like these can no longer harm Chicago’s residents.”

    The second superseding indictment in 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 Neighborhoods (PSN).

    The public is reminded that an indictment is not evidence of guilt.  The defendants are presumed innocent and entitled to a fair trial at which the government has the burden of proving guilt beyond a reasonable doubt. 

    MIL Security OSI –

    May 13, 2025
  • MIL-OSI: LM Funding America Announces April 2025 Production and Operational Update

    Source: GlobeNewswire (MIL-OSI)

    – Bitcoin HODL 148.7 BTC as of April 30, 2025 valued at $14.1 million or $2.75 per share1

    TAMPA, Fla., May 12, 2025 (GLOBE NEWSWIRE) — LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin mining and technology-based specialty finance company, today announced its preliminary, unaudited Bitcoin mining and operational update for the month ended April 30, 2025.

    Metric Feb 2025 Mar 2025 Apr 2025
    – Bitcoin2      
    – Mined, net 7.6 8.7 6.6
    – Sold – (14.2) (18.0)
    – Purchased – – –
    – Service Fee (0.0) (0.1) (0.1)
    – Bitcoin HODL 165.8 160.2 148.7
    – Machines2      
    – Operational 5,121 5,121 5,121
    – Storage 719 496 496
    – Total Machines 5,840 5,617 5,617
    – Hashrate (EH/s2)      
    – Oklahoma 0.43 0.43 0.43
    – Hosted 0.13 0.13 0.13
    – Energized 0.56 0.56 0.56
    – Storage 0.07 0.05 0.05
    – Total 0.63 0.61 0.61

    ________________________
    1 Calculated using 5,133,412 shares outstanding as of 12/31/24 from SEC Form 10-K filed March 31, 2025
    2 Unaudited

    “Transitioning to a vertically integrated model has proved valuable to our bottom line,” said Bruce Rodgers, Chairman and CEO of LM Funding. “In April, we mined 6.6 Bitcoin due to curtailments and disruptions at our hosting site as we began relocating 800 machines to our wholly owned Oklahoma facility. Our Oklahoma site enabled us to generate approximately $120,000 in power sales during the month — an offset to our mining costs that improved our margins and overall efficiency. We also made several strategic decisions, including ordering two 1 MW immersion containers to start our 2 MW expansion at our Oklahoma site. After careful diligence, we believe immersion offers faster deployment timelines, better margins, and improved equipment longevity.”

    Richard Russell, CFO of LM Funding added, “In parallel with our Oklahoma expansion, we made the decision to sell our recently acquired S21+ miners from Bitmain. This transaction is expected to recover our investment and preserve capital for higher-return opportunities. Regarding our 2 MW expansion, we anticipate completing construction and energization by the end of the third quarter, subject to international shipping timelines. We believe these strategic moves will strengthen our operational foundation, protect capital, and position us for long-term success in an evolving market landscape.”

    The Company estimates that the value of its 148.7 Bitcoin holdings on April 30, 2025, was approximately $14.1 million or $2.751 per share, based on a Bitcoin price of approximately $94,900 as of April 30, 2025, compared to a stock share price of $1.49 as of April 30, 2025.

    Upcoming Conferences and Events

    • May 15, 2025: LM Funding’s First Quarter 2025 Earnings Call
      • Time: 8 AM EST
      • Participant Call Links:
        • Live Webcast: Link
        • Participant Call Registration: Link
    • May 20, 2025: Benchmark Virtual Digital Asset Seminar
    • May 28, 2025: Orange Group & Blockware Sell-side and Buy-side Conference in Las Vegas, Nevada

    About LM Funding America
    LM Funding America, Inc. (Nasdaq: LMFA), operates as a Bitcoin mining and specialty finance company. The company was founded in 2008 and is based in Tampa, Florida. For more information, please visit https://www.lmfunding.com.

    Forward-Looking Statements
    This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” and “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the Company’s most recent Annual Report on Form 10-K and its other filings with the SEC, which are available at www.sec.gov. These risks and uncertainties include, without limitation, the risks of operating in the cryptocurrency mining business, our limited operating history in the cryptocurrency mining business and our ability to grow that business, the capacity of our Bitcoin mining machines and our related ability to purchase power at reasonable prices, our ability to identify and acquire additional mining sites, the ability to finance our site acquisitions and cryptocurrency mining operations, our ability to acquire new accounts in our specialty finance business at appropriate prices, changes in governmental regulations that affect our ability to collected sufficient amounts on defaulted consumer receivables, changes in the credit or capital markets, changes in interest rates, and negative press regarding the debt collection industry. The occurrence of any of these risks and uncertainties could have a material adverse effect on our business, financial condition, and results of operations.

    For investor and media inquiries, please contact: 

    Investor Relations 
    Orange Group 
    Yujia Zhai 
    LMFundingIR@orangegroupadvisors.com 

    The MIL Network –

    May 13, 2025
  • MIL-OSI: Brag House, in partnership with Florida Gator Athletics and Learfield’s Florida Gators Sports Properties, Launches the Inaugural “Brag Gators Gauntlet” Series Baseball Edition at the University of Florida – A tournament Featuring Fortnite ahead of the Florida vs. Alabama Baseball Game

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) — Brag House Holdings, Inc. (NASDAQ: TBH) (“Brag House” or the “Company”), the premier Gen Z engagement platform that operates at the intersection of gaming, college sports, and social interaction, today announced the launch of the ‘Brag Gators Gauntlet’ Series – Baseball Edition, a high-impact, single-day tournament Featuring Fortnite hosted in collaboration with Florida Gators Athletics and Learfield’s Florida Gators Sports Properties.

    This landmark activation is the first in a nationwide rollout stemming from Brag House’s strategic partnership roadmap that was announced on April 28, 2025, and reaffirmed in the Company’s recently filed Annual Report on Form 10-K for the fiscal year ended December 31, 2024. The Brag Gators Gauntlet is designed to fuse the passion of college sports, starting with college baseball, and the cultural power of gaming, in a way that only Brag House can deliver – by bringing students, alumni, and brands together in real time through interactive and gamified experiences.

    “This isn’t just a tournament – it’s a gamified digital tailgate, a new way for Gen Z to rally around their school,” said Lavell Juan Malloy II, CEO and Co-Founder of Brag House. “With Learfield and Florida Gators Athletics, we’re redefining what it means to be a fan – empowering students and alumni to play, brag, and win as an essential part of the college sports experience.”

    Tournament Details

    • Name: Brag Gators Gauntlet – Baseball Edition
    • Date, Time and Place: Saturday, May 17, 2025 | 12:00 PM – 4:00 PM EST | Online
      Format: Fortnite No-Build, Solos, Battle Royale (private lobbies) – 4 rounds (heats) leading to a final heat
    • Eligibility: Open to current students and alumni from both the University of Florida and the University of Alabama
    • Live Broadcast: Activation will be streamed live on the Brag House platform with casters, play-by-play in-game analysis, and other interactive elements

    The tournament will serve as a lead-in to the highly anticipated Florida vs. Alabama college baseball game, further aligning digital and physical campus events into a cohesive fan experience.

    Beyond the Game

    The Brag Gators Gauntlet reflects Brag House’s larger mission: to build a new digital sports medium tailored to Gen Z by merging college athletics with competitive, casual gaming. It also continues the Company’s focus on NIL-integrated content, loyalty token rewards, and data-rich experiences that enable brands to engage authentically with hyper-targeted college communities.

    “With every activation, we are not only creating entertainment – we’re generating insights, building brand equity, and delivering measurable ROI for our partners,” added Malloy.

    What’s Next

    Following this activation, Brag House and Learfield plan to replicate the Brag Gauntlet model across additional campuses in 2025 and beyond, with the goal of establishing an enduring layer of Gen Z engagement within the college sports ecosystem.

    About Brag House
    Brag House is a leading media technology gaming platform dedicated to transforming casual college gaming into a vibrant, community-driven experience. By seamlessly merging gaming, social interaction, and cutting-edge technology, the Company provides an inclusive and engaging environment for casual gamers while enabling brands to authentically connect with the influential Gen Z demographic. The platform offers live-streaming capabilities, gamification features, and custom tournament services, fostering meaningful engagement between users and brands. For more information, please visit www.braghouse.com.

    About Learfield
    Learfield is the leading media and technology company powering college athletics. Through its digital and physical platforms, Learfield owns and leverages a deep data set and relationships in the industry to drive revenue, growth, brand awareness, and fan engagement for brands, sports, and entertainment properties. With ties to over 1,200 collegiate institutions and over 12,000 local and national brand partners, Learfield’s presence in college sports and live events delivers influence and maximizes reach to target audiences. With solutions for a 365-day, 24/7 fan experience, Learfield enables schools and brands to connect with fans through licensed merchandise, game ticketing, donor identification for athletic programs, exclusive custom content, innovative marketing initiatives, NIL solutions, and advanced digital platforms. Since 2008, it has served as title sponsor for the acclaimed Learfield Directors’ Cup, supporting athletic departments across all divisions.

    Forward-Looking Statements
    This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties, including, but not limited to, the execution and prospects of the Brag Gators Gauntlet and Brag House’s and Learfield’s plan to expand the Brag Gauntlet model. For a full discussion of these risks, please refer to Brag House’s SEC filings.

    Media Contact:
    Fatema Bhabrawala
    Director of Media Relations
    fbhabrawala@allianceadvisors.com

    Investor Relations Contact:
    Adele Carey
    VP, Investor Relations
    ir@thebraghouse.com

    The MIL Network –

    May 13, 2025
  • MIL-OSI: CSW Industrials Announces Date for Fiscal Fourth Quarter and Full Year 2025 Earnings Release Conference Call

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, May 12, 2025 (GLOBE NEWSWIRE) — CSW Industrials, Inc. (NASDAQ: CSWI) announced that it will release its earnings results for the fiscal fourth quarter and year ended March 31, 2025, on Thursday, May 22, 2025, before the market opens. The Company will host a conference call the same day at 10:00 am Eastern Time to discuss the results.

    Participants may access the call at 1-877-407-0784, international callers may use 1-201-689-8560, and request to join the CSW Industrials earnings call. A live webcast will also be available at https://cswindustrials.gcs-web.com.

    A telephone replay will be made available shortly following the conclusion of the call and until June 5, 2025. Participants may access the replay at 1-844-512-2921, international callers may use 1-412-317-6671 and enter access code 13753549. An archived replay of the call will also be available on the Investors portion of the CSWI website at www.cswindustrials.com.

    About CSW Industrials
    CSW Industrials is a diversified industrial growth company with industry-leading operations in three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions. CSWI provides niche, value-added products with two essential commonalities: performance and reliability. The primary end markets we serve with our well-known brands include: HVAC/R, plumbing, electrical, general industrial, architecturally-specified building products, energy, mining, and rail transportation. For more information, please visit www.cswindustrials.com.

    Investor Relations
    Alexa Huerta
    Vice President, Investor Relations and Treasurer
    214-489-7113
    alexa.huerta@cswindustrials.com

    The MIL Network –

    May 13, 2025
  • MIL-OSI: First Pacific to Present at the dbVIC – Deutsche Bank ADR Virtual Investor Conference May 15th

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, May 12, 2025 (GLOBE NEWSWIRE) — First Pacific Company Limited (Hong Kong: 00142, ADR: FPAFY) based in Hong Kong and focused on domestic defensive businesses in the fast-growing region of Southeast Asia, today announced that Associate Director John W. Ryan will present at the dbVIC – Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on May 15, 2025. This virtual investor conference is aimed exclusively at introducing global companies with ADR programs to investors.

    DATE: May 15th
    TIME: 10:00 AM ET
    LINK: REGISTER HERE

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

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

    Participation is free of charge.

    What First Pacific offers

    First Pacific has a mature market listing and offers access to defensive industries in the fastest-growing region of the world; none of our businesses is significantly affected by primary consequences of changes in foreign trade tariffs. First Pacific has three key guidelines in its strategy to maximise shareholder returns:

    • Stick to the industries we know – consumer foods, telecommunications, infrastructure and natural resources
    • Stick to one geography – the emerging economies of southeast Asia
    • Hold majority or significant stakes in our investments to ensure control over cash flows

    Through 2024 the Company has had six years of profit growth, with the last four recording successive record highs. First Pacific management is confident of continuing earnings growth in the medium term owing to the strong market positions of our companies and the region’s continuing strong growth against a background of low inflation. In addition, all our investments are immune to the immediate consequences of any struggle over tariffs.

    Assets include the world’s biggest maker of instant noodles (Indofood), the region’s largest privately owned toll road operator (MPTC), and the biggest power company (Meralco), telecommunications (PLDT), and water (Maynilad) companies in the Philippines. The company is also the biggest shareholder in Philex Mining, which plans to open a second gold and copper mine in 2026 using development funding already in place.

    First Pacific’s borrowings are low with an interest coverage ratio of 4x and the Company has held investment grade credit ratings from Moody’s and S&P Global for three years. After seeing its share price rise by 25% in 2023 and 45% in 2024, First Pacific has a recurring p/e ratio of 3.6x at FY 2024.

    About First Pacific
    First Pacific is a Hong Kong-based investment holding company with operations located in Asia-Pacific. The Company’s principal businesses are in consumer food products, telecommunications, infrastructure, and mining. First Pacific is listed in Hong Kong (HKSE: 00142) and its shares are also available in the United States through American Depositary Receipts (ADR code: FPAFY). For further information, visit www.firstpacific.com.

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

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

    CONTACTS:
    First Pacific Company Limited
    John W. Ryan
    Associate Director, Group Head of Investor Relations
    +852 6336 1411
    johnryan@firstpacific.com

    Virtual Investor Conferences

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

    The MIL Network –

    May 13, 2025
  • MIL-OSI: Belite Bio, Inc to Present at the dbVIC – Deutsche Bank ADR Virtual Investor Conference May 15th

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, May 12, 2025 (GLOBE NEWSWIRE) — Belite Bio, Inc (NASDAQ: BLTE) a clinical-stage biopharmaceutical drug development company focused on advancing novel therapeutics targeting degenerative retinal diseases that have significant unmet medical needs, today announced that CSO, Dr. Nathan L. Mata will present at the dbVIC – Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on May 15, 2025. This virtual investor conference is aimed exclusively at introducing global companies with ADR programs to investors.

    DATE: May 15th
    TIME: 12:30 pm ET
    LINK: REGISTER HERE

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

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

    Participation is free of charge.

    Recent Company Highlights

    • DRAGON trial, a pivotal global Phase 3 trial of Tinlarebant in adolescent Stargardt disease (STGD1) subjects is expected to be completed by Q4 2025
    • Following a pre-specified interim analysis, an independent DSMB recommended to submit the interim analysis data of DRAGON trial for further regulatory review for drug approval
    • Pivotal global Phase 3 PHOENIX trial of Tinlarebant in geographic atrophy (GA) subjects is ongoing with more than 460 subjects enrolled

    About Belite Bio
    Belite Bio is a clinical-stage biopharmaceutical drug development company focused on advancing novel therapeutics targeting degenerative retinal diseases that have significant unmet medical needs, such as Stargardt disease type 1 (STGD1) and Geographic Atrophy (GA) in advanced dry age-related macular degeneration (AMD), in addition to specific metabolic diseases. Belite’s lead candidate, Tinlarebant, an oral therapy intended to reduce the accumulation of toxins in the eye, is currently being evaluated in a Phase 3 study (DRAGON) and a Phase 2/3 study (DRAGON II) in adolescent STGD1 subjects and a Phase 3 study (PHOENIX) in subjects with GA. For more information, follow us on X, Instagram, LinkedIn, Facebook or visit us at www.belitebio.com.

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

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

    CONTACTS:
    Belite Bio
    Jennifer Wu
    ir@belitebio.com
    Julie Fallon
    belite@argotpartners.com

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

    The MIL Network –

    May 13, 2025
  • MIL-OSI: Bitget Delivers Critical Aid to Earthquake-Affected Families in Myanmar

    Source: GlobeNewswire (MIL-OSI)

    BANGKOK, May 12, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has mobilized relief efforts for vulnerable communities in Myanmar following the devastating 7.7 magnitude earthquake that struck the Sagaing region on March 28. The disaster, which sent tremors as far as Bangkok, compounded existing hardships in an area already grappling with civil unrest and economic instability.

    In coordination with local partners, Bitget delivered 150 Emergency Resilience Kits to high-risk families, including those who lost homes, were caring for infants or elderly relatives, or had received minimal aid. Each kit provided comprehensive support: hygiene essentials to prevent disease, sleeping mats and blankets for displaced families, cooking tools to restore daily routines, water filters for safe drinking water, and basic medicines to address urgent health needs.

    The operation was not without its challenges. Navigating security risks, logistical hurdles, and the potential for aid diversion in a conflict zone required meticulous planning and deep community trust. Bitget’s partners on the ground leveraged their local expertise to ensure equitable distribution, reaching families whose needs might otherwise have been invisible in the chaos of crisis response.

    “True humanitarian action isn’t just about meeting urgent needs—it’s about seeing the unseen,” said Bitget CEO Gracy Chen. “As the second-largest crypto exchange ecosystem, we believe that real growth in our industry must be matched by real responsibility. Crypto was built on the ideals of empowerment and global connection. In times of crisis, these ideals must be translated into action. Our support for Myanmar’s affected communities is a reminder that innovation must go hand-in-hand with human impact. As we help build the future of finance, we are equally committed to building a future where no one is left behind,” she added.

    The impact extended beyond material relief. For displaced families living in overcrowded temporary shelters, the kits alleviated pressure on shared resources. For others, they represented the first semblance of stability since the disaster struck, a signal that they had not been forgotten.

    As recovery efforts continue in Sagaing, Bitget’s initiative serves as a small reminder that effective crisis response begins with listening and learning. By combining swift action with deep local understanding, we were able to offer support where it was needed most—one family, one community at a time.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    Photos accompanying this announcement are available at: 

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2e78ebbf-6ded-4cce-b3d3-8a04e4476fc3

    https://www.globenewswire.com/NewsRoom/AttachmentNg/903331f2-0e74-497a-be44-64186ea543cb

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e4296f30-257b-43fd-9c40-b19e38a3f3b7

    The MIL Network –

    May 13, 2025
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