NewzIntel.com

Category: United States of America

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

    Source: Office of United States Attorneys

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

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

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

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

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

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

    MIL Security OSI –

  • MIL-OSI Security: Charleston Man Sentenced to 9 Years in Federal Prison for Weapon Violation

    Source: Office of United States Attorneys

    CHARLESTON, S.C. — Jacob Murrell Wilson, 24, of Charleston, was sentenced to nine years in federal prison after pleading guilty to being a felon in possession of a firearm and possession of a firearm in furtherance of a drug trafficking crime.

    Evidence presented to the court established that on Nov.10, 2023, Charleston Police Department officers encountered Wilson while patrolling a high-crime apartment complex. The officers recognized Wilson and were aware that he had an active arrest warrant. When they attempted to approach him, Wilson immediately ran from the officers. 

    During the chase, officers observed Wilson reaching for a loaded pistol equipped with a 24-round extended magazine and an illegal machine gun conversion device – commonly known as a switch. Wilson stopped, pulled out the gun, and pointed it in the direction of the pursuing officers, then threw the firearm over a fence and continued to run.

    When officers apprehended Wilson, they found 6.8 grams of crack cocaine, 8.98 grams of cocaine, 36.35 grams of marijuana, and 187 grams of promethazine in Wilson’s possession. Officers recovered the firearm nearby.

    Wilson has a prior felony conviction for attempted armed robbery and is prohibited from possessing firearms or ammunition under federal law.

    United States District Judge Richard M. Gergel sentenced Wilson to 106 months imprisonment to be followed by give years of court ordered supervision. There is no parole in the federal system.

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

    This case was investigated by the Bureau of Alcohol, Tobacco, Firearms and Explosives and Charleston Police Department.  Assistant U.S. Attorney Chris Lietzow is prosecuting the case.

    ###

    MIL Security OSI –

  • MIL-OSI Security: Ecuadoran National Charged with Illegally Reentering U.S. after Sex Assault Conviction

    Source: Office of United States Attorneys

    David X. Sullivan, United States Attorney for the District of Connecticut, today announced that ROBERTO MUY, 35, a citizen of Ecuador, has been charged by federal criminal complaint with illegally reentering the United States after being deported.

    As alleged in court documents and statements made in court, in February 2006, Muy was admitted to the U.S. using a fraudulent visitor visa under the alias of a Peruvian citizen.  In June 2012, Muy was convicted in Connecticut Superior Court in Torrington of sexual assault of a minor in the second degree, and was sentenced to 10 years of incarceration, suspended after 15 months, and 25 years of probation.  In June 2013, Muy was removed to Ecuador.

    It is further alleged that Muy illegally reentered the U.S. and, on November 9, 2024, was arrested by the Torrington Police Department and charged with illegal operation of a motor vehicle under the influence of alcohol/drug.  On March 18, 2025, he was sentenced in state court to two years of incarceration for violating his state probation related to his 2012 conviction, and a concurrent two days of incarceration for the 2024 motor vehicle offense.  He is currently in state custody.

    If convicted of illegal reentry, Muy faces a maximum term of imprisonment of 20 years.

    U.S. Attorney Sullivan stressed that a complaint is only a charge and is not evidence of guilt.  Charges are only allegations and each defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt.

    This matter is being investigated by U.S. Immigration and Customs Enforcement’s Enforcement and Removal Operations.    The case is being prosecuted by Assistant U.S. Attorney Mary G. Vitale.

    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 (OCDETF) and Project Safe Neighborhood (PSN).

    MIL Security OSI –

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

    Source: Office of United States Attorneys

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    MIL Security OSI –

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

    Source: US FBI

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

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

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

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

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

    MIL Security OSI –

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

    Source: United States Attorneys General

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

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

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

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

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

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

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

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

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

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

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

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

    MIL Security OSI –

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

    Source: GlobeNewswire (MIL-OSI)

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

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

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

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

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

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

    About HUSA

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

    Important Information About the Proposed Acquisition and Where to Find It

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

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

    Cautionary Note Regarding Forward-Looking Information:

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

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

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

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

    The MIL Network –

  • MIL-OSI USA: Governor Abbott Responds to Rep. Pfluger’s Work on Securing Texas Reimbursements

    Source: United States House of Representatives – Congressman August Pfluger (TX-11)

    WASHINGTON, DC — Governor Abbott (TX) released the following statement in response to the $12 billion in border reimbursements for states that stepped up, including Texas, that Congressman August Pfluger (TX-11) and others fought to secure in the One Big Beautiful Bill.

    “Texas thanks the U.S. House and the Texas Congressional Delegation for including $12 billion in the reconciliation package that will help Texas in its response to the unprecedented illegal immigration in Texas,” said Governor Greg Abbott. “This is a national issue that Texas was proud to address, and we are grateful for the allocation that reduces the financial burden that Texas incurred.”

    “The devastating impact of the previous administration’s open border policies has been felt nationwide—but no state has carried the burden more than Texas. Texas spent $11.1 billion on border security, including $5.87 billion on personnel costs and $4.75 billion on border wall and barriers. When the federal government failed to secure our border and protect our communities, Texans stepped up. Throughout my time in Congress, I’ve fought tirelessly to get our state the reimbursements it’s owed, and now, that fight is finally paying off,” said Rep. Pfluger.

    Background:

    Texas had to take on a massive financial burden to protect our communities when the previous administration failed to do so. Throughout his time in Congress, Rep. Pfluger has fought to reimburse Texas for securing the southern border, including

    • Lone Star Reimbursement Act (2022)
    • This bill aimed to pay the State of Texas back for the costs of Operation Lone Star incurred in FY21 and FY22, which total $1.43 billion.
    • Co-led with Rep. Fallon
    • FY24, FY25, and FY26 Appropriations Requests (2023, 2024, 2025) 
    • FY24: Led a letter to the House Appropriations Subcommittee on Homeland Security to reimburse Texas for $5.1 billion.
    • FY25: Led a letter with 18 signers urging the House Appropriations Subcommittee on Homeland Security to reimburse Texas $11.26 billion.
    • FY26: Led a letter with 19 signers urging the House Appropriations Subcommittee on Homeland Security to reimburse Texas $11.2 billion.
    • Efforts to Reimburse Texas through Supplemental Funding Vehicle
    • Although the measure failed, Rep. Pfluger led the charge on including Texas reimbursement through supplemental funding packages in the spring of 2024.
    • Rep. Pfluger has also consigned H.R. 424 and H.R. 1222, and H.R. 3464 to reimburse Texas 

    MIL OSI USA News –

  • MIL-OSI Russia: Russian Foreign Minister S. Lavrov held a telephone conversation with US Secretary of State M. Rubio

    Translation. Region: Russian Federal

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

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

    Moscow, May 28 /Xinhua/ — Russian Foreign Minister Sergey Lavrov had a telephone conversation with US Secretary of State Marco Rubio on Wednesday, the Russian Foreign Ministry reported.

    According to the department, S. Lavrov informed M. Rubio about the progress of implementing the agreements between Russian President Vladimir Putin and US President Donald Trump on May 19, as well as about the preparation by the Russian side of specific proposals for the next round of direct Russian-Ukrainian negotiations in Istanbul, Turkey.

    It is noted that M. Rubio, in turn, “emphasized D. Trump’s focus on a speedy end to the Ukrainian conflict and expressed Washington’s readiness to facilitate a rapprochement between the parties’ positions.”

    “The parties confirmed their mutual commitment to continuing a constructive and mutually respectful dialogue between the foreign policy departments of Russia and the United States,” the Russian Foreign Ministry added.

    It is reported that during the conversation, current issues on the bilateral agenda were also touched upon. –0–

    MIL OSI Russia News –

  • MIL-OSI USA: Washington State Sues Trump Administration to Protect Scientific Research and Education Programs

    Source: Washington State News

    SEATTLE — Attorney General Nick Brown today joined a coalition of 15 other attorneys general to file a lawsuit against the Trump administration’s illegal attempts to cut critical National Science Foundation (NSF) programs and funding that help maintain the United States’ position as a global leader in science, technology, engineering, and math (STEM).

    On April 18, NSF began terminating projects focused on increasing the participation of women, minorities, and people with disabilities in STEM fields. On May 2, NSF announced that it would also cap “indirect costs” of research projects like laboratory space, equipment, and facility services at 15 percent. This arbitrary limit on indirect costs would slash millions of dollars for groundbreaking scientific research across the country, jeopardizing national security, the economy, and public health.

    With this lawsuit, Attorney General Brown and the coalition are seeking a court order blocking the implementation of NSF’s new directives to eliminate programs addressing diversity in STEM and cut vital funding for research across the country.

    “Washington’s college and university system is at the forefront of critical research and emerging technologies, and relies heavily on support from the National Science Foundation,” said Brown. “Congress created the NSF to promote the progress of science and has recognized America’s need for a preeminent STEM workforce. The Trump administration does not have the authority to unilaterally cut NSF grants and their terminations threaten our national security and economic dominance.”

    NSF also has a Congressionally mandated focus on improving diversity in STEM fields. Congress has instructed in law that a “core strategy” of NSF’s work must be to increase the participation of people who have historically been left out of STEM occupations. This policy has been a success. As the coalition of attorneys general notes, between 1995 and 2017, the number of women in science and engineering occupations, or with science or engineering degrees, has doubled. During that same time, people of color went from 15 percent to 35 percent of science and engineering job or degree holders. As a result of NSF’s April 18 directive to terminate programs seeking to increase diversity in STEM, dozens of projects have been canceled.

    The coalition also asserts in the lawsuit that NSF’s directive to cap indirect costs at 15 percent would devastate scientific research at universities throughout the country. NSF’s new cap would mean essential research and infrastructure would be cut, leading to critical projects being abandoned, staff laid off, and research essential to national security, public health, and economic stability ending. The administration’s unlawful attempts to cap indirect costs at 15 percent for National Institutes of Health (NIH) and Department of Energy (DOE) grants have already been stopped by courts, in part due to a lawsuit brought by Attorney General Brown and 21 other attorneys general.

    Brown and the coalition argue that NSF’s directives violate the Administrative Procedure Act and the Constitution by unlawfully changing NSF policy and ignoring Congress’s intent for how NSF should function. The lawsuit seeks a court order ruling NSF’s new policies are illegal and blocking them from being implemented.

    Joining the Washington state Attorney General’s Office in filing this lawsuit are the attorneys general of California, Colorado, Connecticut, Delaware, Hawaii, Illinois, Maryland, Massachusetts, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, and Wisconsin.

    The lawsuit is available here.

    -30-

    Washington’s Attorney General serves the people and the state of Washington. As the state’s largest law firm, the Attorney General’s Office provides legal representation to every state agency, board, and commission in Washington. Additionally, the Office serves the people directly by enforcing consumer protection, civil rights, and environmental protection laws. The Office also prosecutes elder abuse, Medicaid fraud, and handles sexually violent predator cases in 38 of Washington’s 39 counties. Visit www.atg.wa.gov to learn more.

    Media Contact:

    Email: press@atg.wa.gov

    Phone: (360) 753-2727

    General contacts: Click here

    Media Resource Guide & Attorney General’s Office FAQ

    MIL OSI USA News –

  • MIL-OSI USA: South Carolina Man Charged for Multimillion-Dollar Medicare Fraud and Ponzi Schemes

    Source: US State of California

    Two indictments were unsealed today charging a South Carolina man with defrauding Medicare through a laboratory test scheme during the COVID-19 pandemic and with defrauding customers of his private charter jet company, AeroVanti Inc.

    As alleged in the first indictment, during the COVID-19 pandemic, Patrick Britton-Harr, 41, of Charleston, South Carolina, formerly of Annapolis, Maryland, offered COVID-19 screening tests to nursing home patients across the country. Britton-Harr then allegedly fraudulently billed Medicare, through his company Provista Health, for expensive respiratory pathogen panel (RPP) tests for these patients. As alleged, these RPP tests were medically unnecessary, were never ordered by a treating physician as required, and many were never actually performed, including for patients who had died. Through Provista Health, Britton-Harr allegedly caused more than $15 million in fraudulent claims for RPP tests to be submitted to Medicare, for which Medicare paid more than $5 million.

    As alleged in the second indictment, Britton-Harr owned and controlled AeroVanti and its affiliated entities. AeroVanti was a private air club that offered members a la carte access to private jets. Britton-Harr allegedly encouraged “Top Gun” members to pay $150,000 upfront to secure block flight hours. In return, Britton-Harr allegedly promised to use their money to purchase specific aircraft, in which the Top Gun members would have a securitized interest. Britton-Harr allegedly recruited nearly 100 Top Gun members, who collectively paid nearly $15 million in upfront payments, to purchase five aircraft. Instead of buying those aircraft, Britton-Harr allegedly misappropriated members’ money for his own personal benefit, including to purchase yachts and jewelry, to pay his living expenses, and to rent a property near Tampa, Florida. As alleged, Britton-Harr then attempted to conceal his fraud by obtaining a $1.5 million loan to purchase one of the aircraft he had already claimed to have purchased with Top Gun member funds by withholding material information from the lender to obtain the loan.

    “The defendant allegedly perpetrated two fraud schemes, first exploiting the COVID-19 pandemic to defraud Medicare out of millions of dollars and then stealing millions more from customers of his aviation company, all for his personal benefit,” said Matthew R. Galeotti, Head of the Justice Department’s Criminal Division. “These indictments demonstrate the Criminal Division’s commitment to rooting out bad actors who steal from taxpayer-supported health care programs and defraud American consumers.”

    “It is unconscionable for someone to defraud the government and others for personal gain, especially as we faced a global health crisis,” said U.S. Attorney Kelly O. Hayes for the District of Maryland. “Britton-Harr showed a total disregard for those who depend on our Medicare system for health care services and for the individuals he scammed through his private-jet company. The U.S. Attorney’s Office is committed to working with our federal law enforcement partners to bring those to justice who break the law and take advantage of others.”

    “Patrick Britton-Harr’s repeated crimes reveal a man with no moral compass motivated by pure greed. His deceit and scheming resulted in a staggering amount of loss to American taxpayers and the public,” says Special Agent in Charge William J. DelBagno of the FBI Baltimore Field Office. “He tried to fleece the U.S. government out of millions by taking advantage of a national crisis. After his laboratory testing business failed, Britton-Harr again turned to deception. Time and again, he chose to lie, steal, and deceive. No more. This investigation holds Britton-Harr accountable for his crimes and sends a clear message that the FBI and our partners will not allow such despicable behavior to go unchecked.”

    “Individuals who steal from Medicare waste taxpayer dollars and create incisions in the fabric that holds our health care system together,” stated Special Agent in Charge Maureen R. Dixon with the U.S. Department of Health and Human Services Office of Inspector General (HHS-OIG). “HHS-OIG will continue the pursuit of upholding the integrity, trust, and confidence in federal health care programs, which benefits the people they serve. HHS-OIG, in collaboration with our law enforcement partners, will continuously investigate alleged attempts to defraud these programs.”

    “The scope of the alleged fraud is staggering and underscores the extraordinary lengths to which individuals will go to deceive and exploit others under the guise of legitimate business, including private aviation services,” said Special Agent in Charge Greg Thompson of the Department of Transportation Office of Inspector General (DOT-OIG), Mid-Atlantic Region. “The DOT-OIG remains steadfast in its commitment to working in coordination with our law enforcement and prosecutorial partners to pursue those who engage in egregious schemes designed solely for personal enrichment.”

    Britton-Harr is charged with five counts of health care fraud and one count of money laundering in the indictment related to his RPP scheme. Additionally, Britton-Harr is charged with six counts of wire fraud in the indictment related to his AeroVanti scheme. If convicted, he faces a maximum penalty of 20 years in prison on each wire fraud count and 10 years in prison on each health care fraud  and money laundering count. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    The FBI, HHS-OIG, and DOT-OIG are investigating the cases.

    Trial Attorneys David Peters and Chris Wenger of the Criminal Division’s Fraud Section and Assistant U.S. Attorneys Matthew P. Phelps and Ari D. Evans for the District of Maryland are prosecuting the cases.

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

    MIL OSI USA News –

  • MIL-OSI Security: South Carolina Man Charged for Multimillion-Dollar Medicare Fraud and Ponzi Schemes

    Source: United States Attorneys General

    Two indictments were unsealed today charging a South Carolina man with defrauding Medicare through a laboratory test scheme during the COVID-19 pandemic and with defrauding customers of his private charter jet company, AeroVanti Inc.

    As alleged in the first indictment, during the COVID-19 pandemic, Patrick Britton-Harr, 41, of Charleston, South Carolina, formerly of Annapolis, Maryland, offered COVID-19 screening tests to nursing home patients across the country. Britton-Harr then allegedly fraudulently billed Medicare, through his company Provista Health, for expensive respiratory pathogen panel (RPP) tests for these patients. As alleged, these RPP tests were medically unnecessary, were never ordered by a treating physician as required, and many were never actually performed, including for patients who had died. Through Provista Health, Britton-Harr allegedly caused more than $15 million in fraudulent claims for RPP tests to be submitted to Medicare, for which Medicare paid more than $5 million.

    As alleged in the second indictment, Britton-Harr owned and controlled AeroVanti and its affiliated entities. AeroVanti was a private air club that offered members a la carte access to private jets. Britton-Harr allegedly encouraged “Top Gun” members to pay $150,000 upfront to secure block flight hours. In return, Britton-Harr allegedly promised to use their money to purchase specific aircraft, in which the Top Gun members would have a securitized interest. Britton-Harr allegedly recruited nearly 100 Top Gun members, who collectively paid nearly $15 million in upfront payments, to purchase five aircraft. Instead of buying those aircraft, Britton-Harr allegedly misappropriated members’ money for his own personal benefit, including to purchase yachts and jewelry, to pay his living expenses, and to rent a property near Tampa, Florida. As alleged, Britton-Harr then attempted to conceal his fraud by obtaining a $1.5 million loan to purchase one of the aircraft he had already claimed to have purchased with Top Gun member funds by withholding material information from the lender to obtain the loan.

    “The defendant allegedly perpetrated two fraud schemes, first exploiting the COVID-19 pandemic to defraud Medicare out of millions of dollars and then stealing millions more from customers of his aviation company, all for his personal benefit,” said Matthew R. Galeotti, Head of the Justice Department’s Criminal Division. “These indictments demonstrate the Criminal Division’s commitment to rooting out bad actors who steal from taxpayer-supported health care programs and defraud American consumers.”

    “It is unconscionable for someone to defraud the government and others for personal gain, especially as we faced a global health crisis,” said U.S. Attorney Kelly O. Hayes for the District of Maryland. “Britton-Harr showed a total disregard for those who depend on our Medicare system for health care services and for the individuals he scammed through his private-jet company. The U.S. Attorney’s Office is committed to working with our federal law enforcement partners to bring those to justice who break the law and take advantage of others.”

    “Patrick Britton-Harr’s repeated crimes reveal a man with no moral compass motivated by pure greed. His deceit and scheming resulted in a staggering amount of loss to American taxpayers and the public,” says Special Agent in Charge William J. DelBagno of the FBI Baltimore Field Office. “He tried to fleece the U.S. government out of millions by taking advantage of a national crisis. After his laboratory testing business failed, Britton-Harr again turned to deception. Time and again, he chose to lie, steal, and deceive. No more. This investigation holds Britton-Harr accountable for his crimes and sends a clear message that the FBI and our partners will not allow such despicable behavior to go unchecked.”

    “Individuals who steal from Medicare waste taxpayer dollars and create incisions in the fabric that holds our health care system together,” stated Special Agent in Charge Maureen R. Dixon with the U.S. Department of Health and Human Services Office of Inspector General (HHS-OIG). “HHS-OIG will continue the pursuit of upholding the integrity, trust, and confidence in federal health care programs, which benefits the people they serve. HHS-OIG, in collaboration with our law enforcement partners, will continuously investigate alleged attempts to defraud these programs.”

    “The scope of the alleged fraud is staggering and underscores the extraordinary lengths to which individuals will go to deceive and exploit others under the guise of legitimate business, including private aviation services,” said Special Agent in Charge Greg Thompson of the Department of Transportation Office of Inspector General (DOT-OIG), Mid-Atlantic Region. “The DOT-OIG remains steadfast in its commitment to working in coordination with our law enforcement and prosecutorial partners to pursue those who engage in egregious schemes designed solely for personal enrichment.”

    Britton-Harr is charged with five counts of health care fraud and one count of money laundering in the indictment related to his RPP scheme. Additionally, Britton-Harr is charged with six counts of wire fraud in the indictment related to his AeroVanti scheme. If convicted, he faces a maximum penalty of 20 years in prison on each wire fraud count and 10 years in prison on each health care fraud  and money laundering count. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    The FBI, HHS-OIG, and DOT-OIG are investigating the cases.

    Trial Attorneys David Peters and Chris Wenger of the Criminal Division’s Fraud Section and Assistant U.S. Attorneys Matthew P. Phelps and Ari D. Evans for the District of Maryland are prosecuting the cases.

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

    MIL Security OSI –

  • MIL-OSI Security: Recidivist felon sentenced again for illegally possessing a firearm

    Source: Office of United States Attorneys

    RICHMOND, Va. – A Richmond man was sentenced today to three years and eight months in prison for possession of a firearm by a convicted felon.

    According to court documents, on Aug. 12, 2023, Richmond Police (RPD) officers responded to a 911 call reporting that Trevon Barfield, 28, had a gun and was pointing it at his ex-girlfriend. Barfield also had an outstanding arrest warrant.

    When the officers arrived at the apartment complex, they found Barfield sitting atop a stairwell. The officers approached Barfield and notified him of the arrest warrant. One of the officers observed a bulge in Barfield’s left front pants pocket that he believed was a firearm, and Barfield reached for the object. After a brief struggle, the officers detained Barfield and recovered a handgun, which was loaded with 21 rounds of ammunition. Officers also found cocaine in Barfield’s pocket.

    At the time of the arrest, Barfield had been convicted previously for, among other crimes, possession of cocaine, being a felon in possession of a firearm, and possession of a weapon in a correctional facility. As a previously convicted felon, Barfield cannot legally possess firearms or ammunition.

    Erik S. Siebert, U.S. Attorney for the Eastern District of Virginia; Anthony A. Spotswood, Special Agent in Charge of the Bureau of Alcohol, Tobacco, Firearms and Explosives Washington Field Division; Colette Wallace McEachin, Commonwealth’s Attorney for the City of Richmond; and Rick Edwards, Chief of Richmond Police, made the announcement after sentencing by U.S. District Judge M. Hannah Lauck.

    Special Assistant U.S. Attorney Katherine E. Groover, an Assistant Commonwealth’s Attorney with the Richmond Commonwealth’s Attorney Office, prosecuted the case.

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

    A copy of this press release is located on the website of the U.S. Attorney’s Office for the Eastern District of Virginia. Related court documents and information are located on the website of the District Court for the Eastern District of Virginia or on PACER by searching for Case No. 3:23-cr-160.

    MIL Security OSI –

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

    Source: Office of United States Attorneys

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

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

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

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

                                                                            ###

    MIL Security OSI –

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

    Source: Office of United States Attorneys

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

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

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

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

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

    MIL Security OSI –

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

    Source: GlobeNewswire (MIL-OSI)

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

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

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

    About Talonvest Capital Inc.:

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

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

    The MIL Network –

  • MIL-OSI: $HAREHOLDER ALERT: Class Action Attorney Juan Monteverde Investigates the Merger of BioSig Technologies, Inc. (NASDAQ: BSGM)

    Source: GlobeNewswire (MIL-OSI)

    New York , May 28, 2025 (GLOBE NEWSWIRE) — NEW YORK, May 28, 2025 / GlobeNewswire/ —

    Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating BioSig Technologies, Inc. (NASDAQ: BSGM), relating to the proposed Merger with Streamex Exchange Corporation, pursuant to the Share Purchase Agreement, the Company, through ExchangeCo, will acquire all of the issued and outstanding shares of Streamex (the “Purchased Shares”) from the Shareholders.

    Click here for more info  https://monteverdelaw.com/case/biosig-technologies-inc/.  It is free and there is no cost or obligation to you.

    NOT ALL LAW FIRMS ARE EQUAL. Before you hire a law firm, you should talk to a lawyer and ask:

    1. Do you file class actions and go to Court?
    2. When was the last time you recovered money for shareholders?
    3. What cases did you recover money in and how much?

    About Monteverde & Associates PC

    Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

    No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

    Contact:
    Juan Monteverde, Esq.
    MONTEVERDE & ASSOCIATES PC
    The Empire State Building
     350 Fifth Ave. Suite 4740
    New York, NY 10118
    United States of America
    jmonteverde@monteverdelaw.com
    Tel: (212) 971-1341

    Attorney Advertising. (C) 2025 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

    The MIL Network –

  • MIL-OSI Video: Strong Today…Stronger Tomorrow

    Source: United States Department of Defense (video statements)

    —————
    @marines see if they have what it takes to become martial arts instructor trainers during a 3-week training course at the Martial Arts Center for Excellence on @MCBQuantico.

    For more on the Department of Defense, visit: http://www.defense.gov
    —————
    Keep up with the Department of Defense on social media!

    Like the DoD on Facebook: http://facebook.com/DeptofDefense
    Follow the DoD on Twitter: http://twitter.com/DeptofDefense
    Follow the DoD on Instagram: http://instagram.com/DeptofDefense
    Follow the DoD on LinkedIn: https://www.linkedin.com/company/DeptofDefense

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

    MIL OSI Video –

  • MIL-OSI USA: DelBene Announces 15 Community Projects for $40M in Federal FY26 Funding

    Source: United States House of Representatives – Congresswoman Suzan DelBene (1st District of Washington)

    Today, Congresswoman Suzan DelBene (WA-01) nominated 15 community projects in Washington’s 1st Congressional District for dedicated Fiscal Year 2026 (FY26) funding. The projects, totaling more than $40 million, include road and trail upgrades, water infrastructure projects, and public safety improvements. 

    “The requests submitted in this year’s federal FY26 funding package continue to be a critical resource for our community, providing investments for programs that Washington’s 1st Congressional District needs to continue meeting the needs of our growing region,” said DelBene. “These 15 projects will enhance infrastructure, improve transportation services, guarantee access to safe drinking water, and expand early childhood education programs and access to health care, further strengthening our district.” 

    The 15 community projects spanning the 1st Congressional District include: 

    • $14.1 million for projects in King County 
    • $26.6 million for projects in Snohomish County 

    The projects submitted are listed below:  

    Applicant

    Project

    Amount

    Description

    City of Arlington

    SR-531 Trail

    $1,000,000

    This project will build a multi-use trail to provide a safe pathway for pedestrians and bicyclists

    City of Bellevue

    Lake Washington Sanitary Sewer Lake Lines Program

    $500,000

    This project will help Bellevue and nearby areas plan to replace old sewer pipes along Lake Washington.

    City of Bothell

    Woodcrest Utility Replacement Project

    $3,333,000

    This project will replace the Woodcrest neighborhood’s failing water utilities and provide improved water infrastructure.

    City of Kenmore

    Environmentally Sustainable Public Works Operations Center

    $2,400,000

    This project will modernize infrastructure throughout Kenmore.

    City of Marysville

    156th St. NE Railroad Overcrossing Project

    $5,000,000

    This project will reinstate an overcrossing on the railroad track at 156th Street NE.

    City of Monroe

    Railroad Grade Separation

    $1,400,000

    This project will assess and design five critical railroad crossings to improve safety and emergency response.

    City of Mountlake Terrace

    Community Center Resiliency Project

    $2,500,000

    This project will fund repairs for the Mountlake Terrace emergency services shelter building

    City of Redmond

    AC Water Main Replacement

    $3,500,000

    This project will replace an asbestos-cement water pipe that has reached the end of its useful life.

    City of Snohomish

    Infrastructure Investments for Public Safety & City Services Campus

    $5,000,000

    This project will create a new safety campus for the City of Snohomish Fire and Police Departments while revitalizing critical infrastructure along Pine Ave and throughout the Pilchuck District.

    Community Transit

    Swift Green Line Extension Southern Terminal Facility

    $3,800,000

    This project will extend Sound Transit’s Green Line, connecting Canyon Park to downtown Bothell.

    EvergreenHealth Monroe

    EvergreenHealth Monroe Specialty Care Expansion

    $3,000,000

    This project will expand EvergreenHealth in Monroe’s specialty care facilities to improve medical services for residents.

    Lake Washington Institute of Technology

    The Early Learning Center Childcare Project

    $2,500,000

    This project will allow Lake Washington Institute of Technology to expand its early childhood learning program.

    Snohomish Conservation District

    Natural Resources Center

    $2,000,000

    This project will create the Snohomish County Natural Resources Center, an all-ages educational facility.

    Snohomish County

    Alderwood Mall Parkway: SR525 to 168th St SW

    $4,000,000

    This project will widen the SR 525 Northbound On and Off Ramps.

    Sno-Isle Intercounty Rural Library District

    Lake Stevens Early Learning Library

    $750,000

    This project will fund the construction of a new, high-tech library

    Descriptions of the 15 projects submitted by DelBene can be found here.

    The House and Senate must reach an agreement on the FY26 package, which will determine which projects are ultimately approved and how much they are funded for. In previous years, DelBene secured a total of $44.4 million in dedicated federal funding for projects. 

    Project submissions came directly from non-profit, city, county, and Tribal entities. More information about the House FY26 government funding process can be found here.

    MIL OSI USA News –

  • MIL-OSI USA: Joint ICE San Diego, CBP case sends Guatemalan drug trafficker to 14 years in prison

    Source: US Immigration and Customs Enforcement

    SAN DIEGO — An illegal alien from Guatemala was sentenced in federal court May 23 to 14 years in prison for managing a cocaine trafficking organization that smuggled more than 1,000 pounds of cocaine into the United States from Guatemala. This case was investigated by U.S. Immigration and Customs Enforcement and U.S. Customs and Border Protection.

    “This sentencing sends the message that those who traffic dangerous drugs into our country will be held accountable,” said ICE Homeland Security Investigations San Diego Special Agent in Charge Shawn Gibson. “Thanks to the outstanding investigative work and strong domestic and international law enforcement partnerships, we were able to disrupt a key supply line of a major drug trafficking network. We remain committed to targeting high-level drug trafficking organizations and keeping deadly narcotics, like cocaine, out of our communities.”

    Following his surrender to U.S. authorities in June 2024 at Los Angeles International Airport, Arnoldo Oswaldo Vargas-Samayoa, 50, of Zacapa, Guatemalan, pleaded guilty to charges of conspiracy to import cocaine that were filed in January 2020.

    In imposing sentence, U.S. District Judge Cathy Ann Bencivengo noted that Vargas-Samayoa was a “manager of a very extensive international drug ring” and money laundering effort who did not make a “mistake” but rather “chose a lifestyle.”

    Vargas admitted he sourced the cocaine from two different Guatemalan suppliers and coordinated delivery to a Mexico-based drug trafficker. Vargas and the Mexico-based trafficker arranged for the drugs to be hidden in vehicles and smuggled into the United States through ports of entry in Southern California and Southern Texas.

    Vargas, whose communications were being intercepted by law enforcement, messaged with the trafficker while cocaine loads were being moved into the United States to confirm the drugs were successfully smuggled. Once in the United States, some of that cocaine was moved to the Chicago area for further distribution. Vargas received a commission of $1,000 U.S. dollars for each kilogram of cocaine he delivered to the Mexico-based trafficker.

    “Cocaine continues to be a dangerous and highly addictive drug with devastating consequences for individuals and communities,” said U.S. Attorney Adam Gordon. “We remain committed to dismantling the entire supply chain — from powerful cartel leaders to street-level dealers — and ensuring that those responsible are held accountable.”

    The U.S. Attorney’s office has previously convicted, and the court has sentenced, multiple couriers attempting to smuggle narcotics for the same drug trafficking organization as well as individuals engaged in related money laundering efforts. Through the related investigation of this matter, law enforcement has seized more than 1,000 kilograms of cocaine, more than $2 million in bulk currency, and firearms.   

    Vargas’ father, Arnoldo Vargas Estrada, is the former mayor of Zacapa, Guatemala who was convicted by a jury in the Eastern District of New York in Case No. 90cr00855-SJF of five counts related to the importation of narcotics. He was sentenced to 365-months in custody. Vargas Estrada was one of the first Guatemalan drug traffickers to be extradited to the United States in the early 1990s. He was released in 2017, returned to Guatemala, and then reelected as mayor of Zacapa holding that position until 2024.

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

    This case is the result of ongoing efforts by the Organized Crime Drug Enforcement Task Force, a partnership that brings together the combined expertise and unique abilities of federal, state and local law enforcement agencies. The principal mission of the OCDETF program is to identify, disrupt, dismantle and prosecute high-level members of drug trafficking, weapons trafficking and money laundering organizations and enterprises.

    This case is being prosecuted by Assistant U.S. Attorney Larry Casper.

    MIL OSI USA News –

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

    Source: US Immigration and Customs Enforcement

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

    Gonzales was operating a personal watercraft with a female passenger at high speed near the shoreline of Oak Grove Park when it collided with a kayak occupied by 18-year-old Ava Moore, May 25, resulting in her death. Gonzalez fled the scene with her passenger onboard.

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

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

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

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

    “Our partnerships with law enforcement across jurisdictions are key during these types of investigations,” said Special Agent in Charge for ICE Homeland Security Investigations Dallas Travis Pickard. “This investigation will continue to be driven by facts, evidence and a firm commitment to

    justice. The arrests of these two illegal aliens reflect the diligence and professionalism of our law enforcement team.”

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

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

    This investigation included law enforcement from the following agencies: The Texas Department of Wildlife, the Grapevine Police Department, the Texas Department of Public Safety, the Texas Office of the Attorney General, the Dallas Police Department, ICE Enforcement and Removal Operations Dallas, Homeland Security Investigations Dallas, and the Dallas U.S. Marshals office.

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

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

    MIL OSI USA News –

  • MIL-OSI: HP Inc. Reports Fiscal 2025 Second Quarter Results

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., May 28, 2025 (GLOBE NEWSWIRE) — HP (NYSE: HPQ)

    • Second quarter GAAP diluted net earnings per share (“EPS”) of $0.42, down 31% from the prior year period
    • Second quarter non-GAAP diluted net EPS of $0.71, down 13% from the prior year period
    • Second quarter net revenue of $13.2 billion, up 3.3% from the prior-year period
    • Second quarter net cash provided by operating activities of $38 million, free cash flow of $(95) million
    • Second quarter returned $0.4 billion to shareholders in the form of dividend and share repurchases
    HP Inc.’s fiscal 2025 second quarter financial performance
        Q2 FY25   Q2 FY24   Y/Y
    GAAP net revenue ($B)   $ 13.2     $ 12.8     3.3 %
    GAAP operating margin     4.9 %     7.4 %   (2.5 )pts
    GAAP net earnings ($B)   $ 0.4     $ 0.6     (33 )%
    GAAP diluted net EPS   $ 0.42     $ 0.61     (31 )%
    Non-GAAP operating margin     7.3 %     8.8 %   (1.5 )pts
    Non-GAAP net earnings ($B)   $ 0.7     $ 0.8     (17 )%
    Non-GAAP diluted net EPS   $ 0.71     $ 0.82     (13 )%
    Net cash provided by operating activities ($B)   $ 0.0     $ 0.6     (94 )%
    Free cash flow ($B)   $ (0.1 )   $ 0.5     (120 )% 
     
    Notes to table
    Information about HP Inc.’s use of non-GAAP financial information is provided under “Use of non-GAAP financial information” below.
     

    Net revenue and EPS results
    HP Inc. and its subsidiaries (“HP”) announced fiscal 2025 second quarter net revenue of $13.2 billion, up 3.3% (up 4.5% in constant currency) from the prior-year period.

    “In Q2, we delivered solid revenue growth, led by strong Commercial performance in Personal Systems and continued momentum behind our future of work strategy,” said Enrique Lores, President and CEO, HP Inc. “While results in the quarter were impacted by a dynamic regulatory environment, we responded quickly to accelerate the expansion of our manufacturing footprint and further reduce our cost structure. These decisive actions strengthen our foundation and position us to deliver long-term sustainable growth.”

    “In light of the increased macroeconomic uncertainty, we have adjusted our outlook to reflect moderated demand and the net impact of trade-related costs,” said Karen Parkhill, CFO, HP Inc. “We are executing targeted mitigation strategies, and assuming current conditions remain, we expect to fully offset these costs by Q4.”

    Second quarter GAAP diluted net EPS was $0.42, down from $0.61 in the prior-year period and below the previously provided outlook of $0.62 to $0.72. Second quarter non-GAAP diluted net EPS was $0.71, down from $0.82 in the prior-year period and below the previously provided outlook of $0.75 to $0.85. Second quarter non-GAAP net earnings and non-GAAP diluted net EPS excludes after-tax adjustments of $272 million, or $0.29 per diluted share, related to restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets, certain litigation charges, non-operating retirement-related credits, tax adjustments, and the related tax impact on these items.

    Asset management
    HP’s net cash provided by operating activities in the second quarter of fiscal 2025 was $38 million. Accounts receivable ended the quarter at $4.3 billion, up 2 days quarter over quarter to 30 days. Inventory ended the quarter at $8.2 billion, down 2 days quarter over quarter to 70 days. Accounts payable ended the quarter at $15.2 billion, down 9 days quarter over quarter to 130 days.

    HP generated $(95) million of free cash flow in the second quarter. Free cash flow includes net cash provided by operating activities of $38 million adjusted for net investments in leases from integrated financing of $50 million and net investments in property, plant, equipment and purchased intangible of $183 million.

    HP’s dividend payment of $0.2894 per share in the second quarter resulted in cash usage of $273 million. HP also utilized $100 million of cash during the quarter to repurchase approximately 3.0 million shares of common stock in the open market. HP exited the quarter with $2.7 billion in gross cash, which includes cash and cash equivalents of $2.7 billion, restricted cash of $33 million and short-term investments of $3 million included in other current assets. Restricted cash is related to amounts collected and held on behalf of a third party for trade receivables previously sold.

    Fiscal 2025 second quarter segment results

    • Personal Systems net revenue was $9.0 billion, up 7% year over year (up 8% in constant currency) with a 4.5% operating margin. Consumer PS net revenue was up 2% and Commercial PS net revenue was up 9%. Total units were up 6% with Consumer PS units down 2% and Commercial PS units up 11%.
    • Printing net revenue was $4.2 billion, down 4% year over year (down 3% in constant currency) with a 19.5% operating margin. Consumer Printing net revenue was down 3% and Commercial Printing net revenue was down 3%. Supplies net revenue was down 5% (down 3% in constant currency). Total hardware units were up 1%, with Consumer Printing units up 3% and Commercial Printing units down 2%.

    Outlook
    For the fiscal 2025 third quarter, HP estimates GAAP diluted net EPS to be in the range of $0.57 to $0.69 and non-GAAP diluted net EPS to be in the range of $0.68 to $0.80. Fiscal 2025 third quarter non-GAAP diluted net EPS estimates exclude $0.11 per diluted share, primarily related to restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets, certain litigation impacts, non-operating retirement-related credits, tax adjustments, and the related tax impact on these items.

    For fiscal 2025, HP estimates GAAP diluted net EPS to be in the range of $2.32 to $2.62 and non-GAAP diluted net EPS to be in the range of $3.00 to $3.30. Fiscal 2025 non-GAAP diluted net EPS estimates exclude $0.68 per diluted share, primarily related to restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets, certain litigation impacts, non-operating retirement-related credits, tax adjustments, and the related tax impact on these items. For fiscal 2025, HP anticipates generating free cash flow in the range of $2.6 to $3.0 billion.  HP’s outlook reflects the added cost driven by the current U.S. tariffs in place, and associated mitigations.

    More information on HP’s earnings, including additional financial analysis and an earnings overview presentation, is available on HP’s Investor Relations website at investor.hp.com.

    HP’s FY25 Q2 earnings conference call is accessible via audio webcast at www.hp.com/investor/2025Q2Webcast.

    About HP Inc.
    HP Inc. (NYSE: HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming, and more. For more information, please visit http://www.hp.com.

    Use of non-GAAP financial information
    To supplement HP’s consolidated condensed financial statements presented on a generally accepted accounting principles (“GAAP”) basis, HP provides net revenue on a constant currency basis, non-GAAP total operating expense, non-GAAP operating profit, non-GAAP operating margin, non-GAAP other income and expenses, non-GAAP tax rate, non-GAAP net earnings, non-GAAP diluted net EPS, free cash flow, gross cash and net cash (debt) financial measures. HP also provides forecasts of non-GAAP diluted net EPS and free cash flow. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures are included in the tables below or elsewhere in the materials accompanying this news release. In addition, an explanation of the ways in which HP’s management uses these non-GAAP measures to evaluate its business, the substance behind HP’s decision to use these non-GAAP measures, the material limitations associated with the use of these non-GAAP measures, the manner in which HP’s management compensates for those limitations, and the substantive reasons why HP’s management believes that these non-GAAP measures provide useful information to investors is included under “Use of non-GAAP financial measures” after the tables below. This additional non-GAAP financial information is not meant to be considered in isolation or as a substitute for net revenue, operating expense, operating profit, operating margin, other income and expenses, tax rate, net earnings, diluted net EPS, cash provided by operating activities or cash, cash equivalents, and restricted cash prepared in accordance with GAAP.

    Forward-looking statements
    This document contains forward-looking statements based on current expectations and assumptions that involve risks and uncertainties. If the risks or uncertainties ever materialize or the assumptions prove incorrect, they could affect the business and results of operations of HP Inc. and its consolidated subsidiaries which may differ materially from those expressed or implied by such forward-looking statements and assumptions.

    All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including, but not limited to, projections of net revenue, margins, expenses, effective tax rates, net earnings, net earnings per share, cash flows, benefit plan funding, deferred taxes, share repurchases, foreign currency exchange rates or other financial items; any projections of the amount, timing or impact of cost savings or restructuring and other charges, planned structural cost reductions and productivity initiatives; any statements of the plans, strategies and objectives of management for future operations, including, but not limited to, our business model and transformation, our sustainability goals, our go-to-market strategy, the execution of restructuring plans and any resulting cost savings (including the fiscal 2023 plan), net revenue or profitability improvements or other financial impacts; any statements concerning the expected development, demand, performance, market share or competitive performance relating to products or services; any statements concerning potential supply constraints, component shortages, manufacturing disruptions or logistics challenges; any statements regarding current or future macroeconomic trends or events, including global trade policies, and the impact of those trends and events on HP and its financial performance; any statements regarding pending investigations, claims, disputes or other litigation matters; any statements of expectation or belief as to the timing and expected benefits of acquisitions and other business combination and investment transactions; and any statements of assumptions underlying any of the foregoing. Forward-looking statements can also generally be identified by words such as “future,” “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “will,” “would,” “could,” “can,” “may,” and similar terms.

    Risks, uncertainties and assumptions that could affect our business and results of operations include factors relating to HP’s ability to execute on its strategic plans, including the previously announced initiatives, business model changes and transformation; the development and transition of new products and services and the enhancement of existing products and services to meet evolving customer needs and respond to emerging technological trends, including artificial intelligence; the use of artificial intelligence; the impact of macroeconomic and geopolitical trends, changes and events, including global trade policies, the ongoing military conflict in Ukraine, continued instability in the Middle East or tensions in the Taiwan Strait and South China Sea and the regional and global ramifications of these events; volatility in global capital markets and foreign currency, increases in benchmark interest rates, the effects of inflation and instability of financial institutions; risks associated with HP’s international operations and the effects of business disruption events, including those resulting from climate change; the need to manage (and reliance on) third-party suppliers, including with respect to supply constraints and component shortages, and the need to manage HP’s global, multi-tier distribution network and potential misuse of pricing programs by HP’s channel partners, adapt to new or changing marketplaces and effectively deliver HP’s services; the execution and performance of contracts by HP and its suppliers, customers, clients and partners, including logistical challenges with respect to such execution and performance; the competitive pressures faced by HP’s businesses; the impact of third-party claims of IP infringement; successfully innovating, developing and executing HP’s go-to-market strategy, including online, omnichannel and contractual sales, in an evolving distribution, reseller and customer landscape; successfully competing and maintaining the value proposition of HP’s products, including supplies and services; challenges to HP’s ability to accurately forecast inventories, demand and pricing, which may be due to HP’s multi-tiered channel, sales of HP’s products to unauthorized resellers or unauthorized resale of HP’s products or our uneven sales cycle; the hiring and retention of key employees; the results of our restructuring plans (including the fiscal 2023 plan), including estimates and assumptions related to the cost (including any possible disruption of HP’s business) and the anticipated benefits of our restructuring plans; the protection of HP’s intellectual property assets, including intellectual property licensed from third parties; disruptions in operations from system security risks, data protection breaches, or cyberattacks; HP’s ability to maintain its credit rating, satisfy its debt obligations and complete any contemplated share repurchases, other capital return programs or other strategic transactions; changes in estimates and assumptions HP makes in connection with the preparation of its financial statements; the impact of changes to federal, state, local and foreign laws and regulations, including environmental regulations and tax laws; integration and other risks associated with business combination and investment transactions; our aspirations related to environmental, social and governance matters; potential impacts, liabilities and costs from pending or potential investigations, claims and disputes; the effectiveness of our internal control over financial reporting; and other risks that are described in HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2024 and HP’s other filings with the Securities and Exchange Commission (“SEC”). HP’s fiscal 2023 plan includes HP’s efforts to take advantage of future growth opportunities, including but not limited to, investments to drive growth, investments in our people, improving product mix, driving structural cost savings and other productivity measures. Structural cost savings represent gross reductions in costs driven by operational efficiency, digital transformation, and portfolio optimization. These initiatives include but are not limited to workforce reductions, platform simplification, programs consolidation and productivity measures undertaken by HP, which HP expects to be sustainable in the longer-term. These structural cost savings are net of any new recurring costs resulting from these initiatives and exclude one-time investments to generate such savings. HP’s expectations on the longer-term sustainability of such structural cost savings are based on its current business operations and market dynamics and could be significantly impacted by various factors, including but not limited to HP’s evolving business models, future investment decisions, market environment and technology landscape.

    As in prior periods, the financial information set forth in this document, including any tax-related items, reflects estimates based on information available at this time. While HP believes these estimates to be reasonable, these amounts could differ materially from reported amounts in HP’s Annual Report on Form 10-K for the fiscal year ending October 31, 2025, Quarterly Report on Form 10-Q for the fiscal quarter ending July 31, 2025, and HP’s other filings with the SEC. The forward-looking statements in this document are made as of the date of this document and HP assumes no obligation and does not intend to update these forward-looking statements.

    HP’s Investor Relations website at investor.hp.com contains a significant amount of information about HP, including financial and other information for investors. HP encourages investors to visit its website from time to time, as information is updated, and new information is posted. The content of HP’s website is not incorporated by reference into this document or in any other report or document HP files with the SEC, and any references to HP’s website are intended to be inactive textual references only.

     
    HP INC. AND SUBSIDIARIES
    CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS
    (Unaudited)
    (In millions, except per share amounts)
     
        Three months ended
        April 30, 2025   January 31, 2025   April 30, 2024
    Net revenue:            
    Products   $ 12,423     $ 12,695     $ 12,043  
    Services     797       809       757  
    Total net revenue     13,220       13,504       12,800  
    Cost of net revenue:            
    Products     10,007       10,194       9,324  
    Services     474       470       453  
    Total cost of net revenue     10,481       10,664       9,777  
    Gross profit     2,739       2,840       3,023  
    Research and development     401       397       436  
    Selling, general and administrative     1,480       1,459       1,462  
    Restructuring and other charges     122       70       71  
    Acquisition and divestiture charges     17       6       22  
    Amortization of intangible assets     65       63       80  
    Total operating expenses     2,085       1,995       2,071  
    Earnings from operations     654       845       952  
    Interest and other, net     (148 )     (141 )     (155 )
    Earnings before taxes     506       704       797  
    Provision for taxes     (100 )     (139 )     (190 )
    Net earnings   $ 406     $ 565     $ 607  
                 
    Net earnings per share:            
    Basic   $ 0.43     $ 0.60     $ 0.62  
    Diluted   $ 0.42     $ 0.59     $ 0.61  
                 
    Cash dividends declared per share   $ —     $ 0.58     $ —  
                 
    Weighted-average shares used to compute net earnings per share:            
    Basic     950       948       984  
    Diluted     956       957       990  
    HP INC. AND SUBSIDIARIES
    CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS
    (Unaudited)
    (In millions, except per share amounts)
     
        Six months ended
        April 30, 2025   April 30, 2024
    Net revenue:        
    Products   $ 25,118     $ 24,462  
    Services     1,606       1,523  
    Total net revenue     26,724       25,985  
    Cost of net revenue:        
    Products     20,201       19,195  
    Services     944       879  
    Total cost of net revenue     21,145       20,074  
    Gross profit     5,579       5,911  
    Research and development     798       835  
    Selling, general and administrative     2,939       2,845  
    Restructuring and other charges     192       134  
    Acquisition and divestiture charges     23       49  
    Amortization of intangible assets     128       161  
    Total operating expenses     4,080       4,024  
    Earnings from operations     1,499       1,887  
    Interest and other, net     (289 )     (297 )
    Earnings before taxes     1,210       1,590  
    Provision for taxes     (239 )     (361 )
    Net earnings   $ 971     $ 1,229  
             
    Net earnings per share:        
    Basic   $ 1.02     $ 1.24  
    Diluted   $ 1.02     $ 1.23  
             
    Cash dividends declared per share   $ 0.58     $ 0.55  
             
    Weighted-average shares used to compute net earnings per share:        
    Basic     949       990  
    Diluted     956       996  
    HP INC. AND SUBSIDIARIES
    ADJUSTMENTS TO GAAP NET EARNINGS, EARNINGS FROM OPERATIONS,
    OPERATING MARGIN AND DILUTED NET EARNINGS PER SHARE
    (Unaudited)
    (In millions, except per share amounts)
     
        Three months ended
        April 30, 2025   January 31, 2025   April 30, 2024
        Amounts   Diluted
    net earnings
    per share    		   Amounts   Diluted
    net earnings
    per share    		   Amounts   Diluted
    net earnings
    per share
    GAAP net earnings   $ 406     $ 0.42     $ 565     $ 0.59     $ 607     $ 0.61  
    Non-GAAP adjustments:                        
    Restructuring and other charges     122       0.13       70       0.07       71       0.07  
    Acquisition and divestiture charges     17       0.01       6       0.01       22       0.02  
    Amortization of intangible assets     65       0.07       63       0.07       80       0.08  
    Certain litigation charges(a)     103       0.11       —       —       —       —  
    Non-operating retirement-related credits     (6 )     (0.01 )     (5 )     (0.01 )     (3 )     —  
    Tax adjustments(b)     (29 )     (0.02 )     5       0.01       35       0.04  
    Non-GAAP net earnings   $ 678     $ 0.71     $ 704     $ 0.74     $ 812     $ 0.82  
                             
    GAAP earnings from operations   $ 654         $ 845         $ 952      
    Non-GAAP adjustments:                        
    Restructuring and other charges     122           70           71      
    Acquisition and divestiture charges     17           6           22      
    Amortization of intangible assets     65           63           80      
    Certain litigation charges(a)     103           —           —      
    Non-GAAP earnings from operations   $ 961         $ 984         $ 1,125      
                             
    GAAP operating margin     4.9 %         6.3 %         7.4 %    
    Non-GAAP adjustments     2.4 %         1.0 %         1.4 %    
    Non-GAAP operating margin     7.3 %         7.3 %         8.8 %    
     
    (a) HP incurs settlement expenses from backward-looking claims that arise from certain existing or threatened Standard Essential Patent (“SEP”) litigation that are distinctive and substantial when compared to other intellectual property litigation that HP incurs in the ordinary course of business. HP excludes these SEP litigation expenses for purposes of calculating these non-GAAP measures. For the third and fourth quarters of fiscal year 2024, the SEP litigation expenses were $18 million and $40 million, respectively. Consequently, the revised non-GAAP diluted net earnings per share for the third and fourth quarters of fiscal year 2024 are $0.84 and $0.96, respectively.
    (b) Includes tax impact on non-GAAP adjustments.
    HP INC. AND SUBSIDIARIES
    ADJUSTMENTS TO GAAP NET EARNINGS, EARNINGS FROM OPERATIONS,
    OPERATING MARGIN AND DILUTED NET EARNINGS PER SHARE
    (Unaudited)
    (In millions, except per share amounts)
     
        Six months ended
        April 30, 2025   April 30, 2024
        Amounts   Diluted
    net earnings
    per share    		   Amounts   Diluted
    net earnings
    per share
    GAAP net earnings   $ 971     $ 1.02     $ 1,229     $ 1.23  
    Non-GAAP adjustments:                
    Restructuring and other charges     192       0.20       134       0.14  
    Acquisition and divestiture charges     23       0.03       49       0.05  
    Amortization of intangible assets     128       0.13       161       0.16  
    Certain litigation charges(a)     103       0.11       —       —  
    Non-operating retirement-related credits     (11 )     (0.01 )     (5 )     (0.01 )
    Tax adjustments(b)     (24 )     (0.03 )     52       0.06  
    Non-GAAP net earnings   $ 1,382     $ 1.45     $ 1,620     $ 1.63  
                     
    GAAP earnings from operations   $ 1,499         $ 1,887      
    Non-GAAP adjustments:                
    Restructuring and other charges     192           134      
    Acquisition and divestiture charges     23           49      
    Amortization of intangible assets     128           161      
    Certain litigation charges(a)     103           —      
    Non-GAAP earnings from operations   $ 1,945         $ 2,231      
                     
    GAAP operating margin     5.6 %         7.3 %    
    Non-GAAP adjustments     1.7 %         1.3 %    
    Non-GAAP operating margin     7.3 %         8.6 %    
     
    (a) HP incurs settlement expenses from backward-looking claims that arise from certain existing or threatened SEP litigation that are distinctive and substantial when compared to other intellectual property litigation that HP incurs in the ordinary course of business. HP excludes these SEP litigation expenses for purposes of calculating these non-GAAP measures. For the nine months ended fiscal year 2024 and fiscal year 2024, the SEP litigation expenses were $18 million and $58 million, respectively. Consequently, the revised non-GAAP diluted net earnings per share for the nine months ended fiscal year 2024 and fiscal year 2024 are $2.47 and $3.43, respectively.
    (b) Includes tax impact on non-GAAP adjustments.
    HP INC. AND SUBSIDIARIES
    CONSOLIDATED CONDENSED BALANCE SHEETS
    (Unaudited)
    (In millions)
     
        As of
        April 30, 2025   October 31, 2024
    ASSETS        
    Current assets:        
    Cash, cash equivalents and restricted cash   $ 2,730     $ 3,253  
    Accounts receivable, net     4,336       5,117  
    Inventory     8,175       7,720  
    Other current assets     4,217       4,670  
    Total current assets     19,458       20,760  
    Property, plant and equipment, net     2,951       2,914  
    Goodwill     8,713       8,627  
    Other non-current assets     7,677       7,608  
    Total assets   $ 38,799     $ 39,909  
             
    LIABILITIES AND STOCKHOLDERS’ DEFICIT        
    Current liabilities:        
    Notes payable and short-term borrowings   $ 1,446     $ 1,406  
    Accounts payable     15,195       16,903  
    Other current liabilities     9,915       10,378  
    Total current liabilities     26,556       28,687  
    Long-term debt     9,291       8,263  
    Other non-current liabilities     4,228       4,282  
    Stockholders’ deficit     (1,276 )     (1,323 )
    Total liabilities and stockholders’ deficit   $ 38,799     $ 39,909  
    HP INC. AND SUBSIDIARIES
    CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS
    (Unaudited)
    (In millions)
     
        Three months ended
        April 30, 2025   April 30, 2024
    Cash flows from operating activities:        
    Net earnings   $ 406     $ 607  
    Adjustments to reconcile net earnings to net cash provided by operating activities:        
    Depreciation and amortization     205       209  
    Stock-based compensation expense     140       94  
    Restructuring and other charges     122       71  
    Deferred taxes on earnings     (60 )     5  
    Other, net     37       7  
    Changes in operating assets and liabilities, net of acquisitions:        
    Accounts receivable     (115 )     (552 )
    Inventory     279       (631 )
    Accounts payable     (1,302 )     1,104  
    Net investment in leases from integrated financing     (50 )     (19 )
    Taxes on earnings     (133 )     (177 )
    Restructuring and other     (75 )     (57 )
    Other assets and liabilities     584       (80 )
    Net cash provided by operating activities     38       581  
    Cash flows from investing activities:        
    Investment in property, plant, equipment and purchased intangible     (183 )     (119 )
    Purchases of available-for-sale securities and other investments     (3 )     —  
    Maturities and sales of available-for-sale securities and other investments     9       —  
    Collateral (posted) returned for derivative instruments     (540 )     70  
    Payment made in connection with business acquisitions, net of cash acquired     (116 )     —  
    Net cash used in investing activities     (833 )     (49 )
    Cash flows from financing activities:        
    Proceeds from short-term borrowings with original maturities less than 90 days, net     —       (100 )
    Proceeds from debt, net of issuance costs     1,076       94  
    Payment of debt     (52 )     (53 )
    Stock-based award activities and others     (26 )     (4 )
    Repurchase of common stock     (100 )     (100 )
    Cash dividends paid     (273 )     (269 )
    Settlement of cash flow hedges     6       —  
    Net cash provided by (used in) financing activities     631       (432 )
    (Decrease) increase in cash, cash equivalents and restricted cash     (164 )     100  
    Cash, cash equivalents and restricted cash at beginning of period     2,894       2,417  
    Cash, cash equivalents and restricted cash at end of period   $ 2,730     $ 2,517  
    HP INC. AND SUBSIDIARIES
    CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS
    (Unaudited)
    (In millions)
     
        Six months ended
        April 30, 2025   April 30, 2024
    Cash flows from operating activities:        
    Net earnings   $ 971     $ 1,229  
    Adjustments to reconcile net earnings to net cash provided by operating activities:        
    Depreciation and amortization     402       414  
    Stock-based compensation expense     332       271  
    Restructuring and other charges     192       134  
    Deferred taxes on earnings     (83 )     —  
    Other, net     72       (13 )
    Changes in operating assets and liabilities, net of acquisitions:        
    Accounts receivable     851       (106 )
    Inventory     (472 )     (678 )
    Accounts payable     (1,699 )     360  
    Net investment in leases from integrated financing     (48 )     (81 )
    Taxes on earnings     (121 )     (128 )
    Restructuring and other     (149 )     (144 )
    Other assets and liabilities     164       (556 )
    Net cash provided by operating activities     412       702  
    Cash flows from investing activities:        
    Investment in property, plant, equipment and purchased intangible     (485 )     (277 )
    Purchases of available-for-sale securities and other investments     (6 )     —  
    Maturities and sales of available-for-sale securities and other investments     14       —  
    Collateral posted for derivative instruments     (540 )     —  
    Payment made in connection with business acquisitions, net of cash acquired     (116 )     —  
    Net cash used in investing activities     (1,133 )     (277 )
    Cash flows from financing activities:        
    Proceeds from debt, net of issuance costs     1,158       186  
    Payment of debt     (102 )     (102 )
    Stock-based award activities and others     (118 )     (80 )
    Repurchase of common stock     (200 )     (600 )
    Cash dividends paid     (546 )     (544 )
    Settlement of cash flow hedges     6       —  
    Net cash provided by (used in) financing activities     198       (1,140 )
    Decrease in cash, cash equivalents and restricted cash     (523 )     (715 )
    Cash, cash equivalents and restricted cash at beginning of period     3,253       3,232  
    Cash, cash equivalents and restricted cash at end of period   $ 2,730     $ 2,517  
    HP INC. AND SUBSIDIARIES
    SEGMENT/BUSINESS UNIT INFORMATION
    (Unaudited)
    (In millions)
     
        Three months ended   Change (%)
        April 30, 2025   January 31, 2025   April 30, 2024   Q/Q   Y/Y
    Net revenue:                    
    Commercial PS   $ 6,786     $ 6,645     $ 6,242     2 %   9 %
    Consumer PS     2,238       2,579       2,184     (13 )%   2 %
    Personal Systems     9,024       9,224       8,426     (2 )%   7 %
    Supplies     2,725       2,826       2,864     (4 )%   (5 )%
    Commercial Printing     1,167       1,144       1,205     2 %   (3 )%
    Consumer Printing     289       299       299     (3 )%   (3 )%
    Printing     4,181       4,269       4,368     (2 )%   (4 )%
    Corporate Investments(a)     16       11       5     NM     NM  
    Total segment net revenue     13,221       13,504       12,799     (2 )%   3 %
    Other(a)     (1 )     —       1     NM     NM  
    Total net revenue   $ 13,220     $ 13,504     $ 12,800     (2 )%   3 %
                         
    Earnings before taxes:                    
    Personal Systems(b)   $ 409     $ 507     $ 508          
    Printing     814       810       829          
    Corporate Investments     (37 )     (27 )     (30 )        
    Total segment earnings from operations     1,186       1,290       1,307          
    Corporate and unallocated cost and other     (85 )     (114 )     (88 )        
    Stock-based compensation expense     (140 )     (192 )     (94 )        
    Restructuring and other charges     (122 )     (70 )     (71 )        
    Acquisition and divestiture charges     (17 )     (6 )     (22 )        
    Amortization of intangible assets     (65 )     (63 )     (80 )        
    Certain litigation charges(b)     (103 )     —       —          
    Interest and other, net     (148 )     (141 )     (155 )        
    Total earnings before taxes   $ 506     $ 704     $ 797          
     
    (a) “NM” represents not meaningful.
    (b) HP has reclassified certain litigation charges arising from SEP litigations from Personal Systems to Corporate.
    HP INC. AND SUBSIDIARIES
    SEGMENT/BUSINESS UNIT INFORMATION
    (Unaudited)
    (In millions)
     
        Six months ended   Change (%)
        April 30, 2025   April 30, 2024   Y/Y
    Net revenue:            
    Commercial PS   $ 13,431     $ 12,287     9 %
    Consumer PS     4,817       4,948     (3 )%
    Personal Systems     18,248       17,235     6 %
    Supplies     5,551       5,727     (3 )%
    Commercial Printing     2,311       2,432     (5 )%
    Consumer Printing     588       584     1 %
    Printing     8,450       8,743     (3 )%
    Corporate Investments(a)     27       7     NM  
    Total segment net revenue     26,725       25,985     3 %
    Other(a)     (1 )     —     NM  
    Total net revenue   $ 26,724     $ 25,985     3 %
                 
    Earnings before taxes:            
    Personal Systems(b)   $ 916     $ 1,045      
    Printing     1,624       1,701      
    Corporate Investments     (64 )     (67 )    
    Total segment earnings from operations     2,476       2,679      
    Corporate and unallocated cost and other     (199 )     (177 )    
    Stock-based compensation expense     (332 )     (271 )    
    Restructuring and other charges     (192 )     (134 )    
    Acquisition and divestiture charges     (23 )     (49 )    
    Amortization of intangible assets     (128 )     (161 )    
    Certain litigation charges(b)     (103 )     —      
    Interest and other, net     (289 )     (297 )    
    Total earnings before taxes   $ 1,210     $ 1,590      
     
    (a) “NM” represents not meaningful.
    (b) HP has reclassified certain litigation charges arising from SEP litigations from Personal Systems to Corporate.
    HP INC. AND SUBSIDIARIES
    SEGMENT OPERATING MARGIN SUMMARY
    (Unaudited)
     
        Three months ended   Change (pts)
        April 30, 2025   January 31, 2025   April 30, 2024   Q/Q
    		   Y/Y
    Segment operating margin:                        
    Personal Systems(a)   4.5 %   5.5 %   6.0 %   (1.0 )pts   (1.5 )pts
    Printing   19.5 %   19.0 %   19.0 %   0.5 pts   0.5 pts
    Corporate Investments(c)   NM     NM     NM     NM     NM  
    Total segment   9.0 %   9.6 %   10.2 %   (0.6 )pts   (1.2 )pts
        Six months ended   Change (pts)
        April 30, 2025   April 30, 2024   Y/Y
    Segment operating margin:              
    Personal Systems(b)   5.0 %   6.1 %   (1.1 )pts
    Printing   19.2 %   19.5 %   (0.3 )pts
    Corporate Investments(c)   NM     NM     NM  
    Total segment   9.3 %   10.3 %   (1.0 )pts
     
    (a) HP has reclassified certain litigation charges arising from SEP litigations from Personal Systems to Corporate. For the third and fourth quarters of fiscal year 2024, the SEP litigation expenses were $18 million and $40 million, respectively. Consequently, the revised Segment operating margin for Personal Systems for the third and fourth quarters of fiscal year 2024 are 6.6% and 6.2%, respectively and the revised Total segment operating margin for the third and fourth quarters of fiscal year 2024 are 9.6% and 10.2%, respectively.
    (b) HP has reclassified certain litigation charges arising from SEP litigations from Personal Systems to Corporate. For the nine months ended fiscal year 2024 and fiscal year 2024, the SEP litigation expenses were $18 million and $58 million, respectively. Consequently, the revised Segment operating margin for the nine months ended fiscal year 2024 and fiscal year 2024 are 6.2%, respectively and the revised Total segment operating margin for the nine months ended fiscal year 2024 and fiscal year 2024 are 10.1%, respectively.
    (c) “NM” represents not meaningful.
    HP INC. AND SUBSIDIARIES
    CALCULATION OF DILUTED NET EARNINGS PER SHARE
    (Unaudited)
    (In millions, except per share amounts)
     
        Three months ended
        April 30, 2025   January 31, 2025   April 30, 2024
    Numerator:            
    GAAP net earnings   $ 406     $ 565     $ 607  
    Non-GAAP net earnings   $ 678     $ 704     $ 812  
                 
    Denominator:            
    Weighted-average shares used to compute basic net earnings per share     950       948       984  
    Dilutive effect of employee stock plans(a)     6       9       6  
    Weighted-average shares used to compute diluted net earnings per share     956       957       990  
                 
    GAAP diluted net earnings per share   $ 0.42     $ 0.59     $ 0.61  
    Non-GAAP diluted net earnings per share   $ 0.71     $ 0.74     $ 0.82  
     
    (a) Includes any dilutive effect of restricted stock units, stock options and performance-based awards.
    HP INC. AND SUBSIDIARIES
    CALCULATION OF DILUTED NET EARNINGS PER SHARE
    (Unaudited)
    (In millions, except per share amounts)
        Six months ended
        April 30, 2025   April 30, 2024
    Numerator:        
    GAAP net earnings   $ 971     $ 1,229  
    Non-GAAP net earnings   $ 1,382     $ 1,620  
             
    Denominator:        
    Weighted-average shares used to compute basic net earnings per share     949       990  
    Dilutive effect of employee stock plans(a)     7       6  
    Weighted-average shares used to compute diluted net earnings per share     956       996  
             
    GAAP diluted net earnings per share   $ 1.02     $ 1.23  
    Non-GAAP diluted net earnings per share   $ 1.45     $ 1.63  
     
    (a) Includes any dilutive effect of restricted stock units, stock options and performance-based awards.
     

    Use of non-GAAP financial measures

    To supplement HP’s consolidated condensed financial statements presented on a GAAP basis, HP provides net revenue on a constant currency basis, non-GAAP total operating expense, non-GAAP operating profit, non-GAAP operating margin, non-GAAP other income and expenses, non-GAAP tax rate, non-GAAP net earnings, non-GAAP diluted net EPS, free cash flow, gross cash and net cash (debt). HP also provides forecasts of non-GAAP diluted net EPS and free cash flow.

    These non-GAAP financial measures are not computed in accordance with, or as an alternative to, GAAP in the United States. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures are included in the tables above or elsewhere in the materials accompanying this news release.

    Use and economic substance of non-GAAP financial measures

    Net revenue on a constant currency basis excludes the effect of foreign currency exchange fluctuations calculated by translating current period revenues using monthly exchange rates from the comparative period and excluding any hedging impact recognized in the current period. Non-GAAP operating margin is defined to exclude the effects of any amounts relating to restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets and certain litigation charges. Non-GAAP net earnings and non-GAAP diluted net EPS consist of net earnings or diluted net EPS excluding those same charges, non-operating retirement related (credits)/charges, debt extinguishment costs (benefit), tax adjustments and the amount of additional taxes or tax benefits associated with each non-GAAP item.

    HP’s management uses these non-GAAP financial measures for purposes of evaluating HP’s historical and prospective financial performance, as well as HP’s performance relative to its competitors. HP’s management also uses these non-GAAP measures to further its own understanding of HP’s segment operating performance. HP believes that excluding the items mentioned above for these non-GAAP financial measures allows HP’s management to better understand HP’s consolidated financial performance in relation to the operating results of HP’s segments, as HP’s management does not believe that the excluded items are reflective of ongoing operating results. More specifically, HP’s management excludes each of those items mentioned above for the following reasons:

    • Restructuring and other charges are (i) costs associated with a formal restructuring plan and are primarily related to employee separation from service and early retirement costs and related benefits, costs of real estate consolidation and other non-labor charges; and (ii) other charges, which includes non-recurring costs including those as a result of information technology rationalization efforts and transformation program management and are distinct from ongoing operational costs. HP excludes these restructuring and other charges (and any reversals of charges recorded in prior periods) for purposes of calculating these non-GAAP measures because HP believes that these costs do not reflect expected future operating expenses and excluding such expenses for purposes of calculating these non-GAAP measures is useful to management and investors in evaluating HP’s current operating performance and comparing operating performance to other periods.
    • HP incurs cost related to its acquisitions and divestitures, which it would not have otherwise incurred as part of its operations. The charges are direct expenses such as third-party professional and legal fees, integration and divestiture-related costs, as well as non-cash adjustments to the fair value of certain acquired assets such as inventory and certain compensation charges related to cash settlement of restricted stock units and performance-based restricted stock units towards acquisitions. These charges related to acquisitions and divestitures are inconsistent in amount and frequency and are significantly impacted by the timing and nature of HP’s acquisitions or divestitures. HP believes that eliminating such expenses for purposes of calculating these non-GAAP measures is useful to management and investors in evaluating HP’s current operating performance and comparing operating performance to other periods.
    • HP incurs charges relating to the amortization of intangible assets. Those charges are included in HP’s GAAP earnings, operating margin, net earnings and diluted net EPS. Such charges are significantly impacted by the timing and magnitude of HP’s acquisitions and any related impairment charges. Consequently, HP excludes these charges for purposes of calculating these non-GAAP measures because HP believes doing so is useful to management and investors in evaluating HP’s current operating performance and comparing operating performance to other periods.
    • HP incurs settlement expenses from backward-looking claims that arise from certain existing or threatened SEP litigation that are distinctive and substantial when compared to other intellectual property litigation that HP incurs in the ordinary course of business. Consequently, HP excludes these SEP litigation expenses for purposes of calculating these non-GAAP measures because HP believes doing so is useful to management and investors in evaluating HP’s current operating performance and comparing operating performance to other periods.
    • HP incurs debt extinguishment (benefit)/costs includes certain (gain)/loss related to repurchase of certain of its outstanding U.S. dollar global notes or termination of commitments under revolving credit facilities. These (gain)/loss resulting from debt redemption transactions are partially or more than offset by costs such as bond repurchase premiums, bank fees, unpaid accrued interests, etc. HP excludes these (benefit)/costs for the purposes of calculating these non-GAAP measures because HP believes doing so is useful to management and investors in evaluating HP’s current operating performance and comparing operating performance to other periods.
    • Non-operating retirement-related (credits)/charges includes certain market-related factors such as interest cost, expected return on plan assets, amortized actuarial gains or losses, associated with HP’s defined benefit pension and post-retirement benefit plans. The market-driven retirement-related adjustments are primarily due to the changes in the value of pension plan assets and liabilities which are tied to financial market performance and HP considers these adjustments to be outside the operational performance of the business. Non-operating retirement-related (credits)/charges also include certain plan curtailments, settlements and special termination benefits related to HP’s defined benefit pension and post-retirement benefit plans. HP believes that eliminating such adjustments for purposes of calculating non-GAAP measures is useful to management and investors in evaluating HP’s current operating performance and comparing operating performance to other periods.
    • HP recorded tax adjustments including tax expenses and benefits from internal reorganizations, realizability of certain deferred tax assets, various tax rate and regulatory changes, and tax settlements across various jurisdictions. HP excludes these adjustments for the purposes of calculating these non-GAAP measures because HP believes doing so is useful to management and investors in evaluating HP’s current operating performance and comparing operating performance to other periods.

    Free cash flow is a non-GAAP measure that is defined as cash flow provided by (used in) operating activities adjusted for net investment in leases from integrated financing and net investments in property, plant, equipment and purchased intangible. Gross cash is a non-GAAP measure that is defined as cash, cash equivalents and restricted cash plus short-term investments and certain long-term investments that may be liquidated within 90 days pursuant to the terms of existing put options or similar rights. HP’s management uses free cash flow and gross cash for the purpose of determining the amount of cash available for investment in HP’s businesses, repurchasing stock and other purposes. HP’s management also uses free cash flow and gross cash to evaluate HP’s historical and prospective liquidity. Because gross cash includes liquid assets that are not included in cash, cash equivalents and restricted cash, HP believes that gross cash provides a helpful assessment of HP’s liquidity. Because free cash flow includes net cash provided by (used in) operating activities adjusted for net investment in leases from integrated financing and net investments in property, plant, equipment and purchased intangible. HP believes that free cash flow provides a useful assessment of HP’s liquidity and capital resources. Net cash (debt) is defined as gross cash less gross debt after adjusting the effect of unamortized premium/discount on debt issuance, debt issuance costs and gains/losses on interest rate swaps.

    Key Growth Areas
    Key Growth Areas represent HP’s businesses which management expects to collectively grow at a rate faster than HP’s core business with accretive margins in the longer term. HP’s Key Growth Areas are comprised of:

    Hybrid Systems: Video conferencing solutions, cameras, headsets, voice, and related software capabilities

    Advanced Compute Solutions: Diverse portfolio encompassing high-performance computing, mobile and desktop workstations, retail workstations, retail solutions, and emerging technologies to address complex computational tasks, data-intensive applications, and evolving industry needs.

    AI PC: PCs, excluding Workstations, equipped with dedicated hardware components like Neural Processing Units (NPUs), are designed to facilitate and enhance the execution of AI and machine learning tasks.

    Workforce Solutions: Managed services (Managed Print Service and Device-as-a-Service), digital services and lifecycle services

    Consumer Subscriptions: Instant Ink services, other consumer subscriptions and consumer digital services

    Industrial Graphics: Large Format Industrial, Page Wide Press (PWP), Indigo and Page Wide Industrial packaging solutions and supplies

    3D & Personalization: Portfolio of additive manufacturing solutions and supplies including end-to-end solutions such as moulded fiber, footwear and orthotics

    Material limitations associated with use of non-GAAP financial measures
    These non-GAAP financial measures may have limitations as analytical tools, and these measures should not be considered in isolation or as a substitute for analysis of HP’s results as reported under GAAP. Some of the limitations in relying on these non-GAAP financial measures are:

    • Items such as amortization of intangible assets, though not directly affecting HP’s cash position, represent the loss in value of intangible assets over time. The expense associated with this change in value is not included in non-GAAP operating margin, non-GAAP net earnings and non-GAAP diluted net EPS, and therefore does not reflect the full economic effect of the change in value of those intangible assets.
    • Items such as restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets, certain litigation charges are excluded from non-GAAP operating margin. In addition, non-operating retirement-related (credits)/charges, debt extinguishment costs (benefit) and tax adjustments are excluded from non-GAAP other income and expenses, non-GAAP tax rate, non-GAAP net earnings and non-GAAP diluted net EPS. These items can have a material impact on the equivalent GAAP earnings measure and cash flows.
    • HP may not be able to immediately liquidate the short-term and certain long-term investments included in gross cash, which may limit the usefulness of gross cash as a liquidity measure.

    Other companies may calculate the non-GAAP financial measures differently than HP, limiting the usefulness of those measures for comparative purposes.

    Compensation for limitations associated with use of non-GAAP financial measures

    HP accounts for the limitations on its use of non-GAAP financial measures by relying primarily on its GAAP results and using non-GAAP financial measures only supplementally. HP also provides reconciliations of each non-GAAP financial measure to its most directly comparable GAAP measure within this news release and in other written materials that include these non-GAAP financial measures, and HP encourages investors to review those reconciliations carefully.

    Usefulness of non-GAAP financial measures to investors

    HP believes that providing net revenue on a constant currency basis, non-GAAP total operating expense, non-GAAP operating profit, non-GAAP operating margin, non-GAAP other income and expenses, non-GAAP tax rate, non-GAAP net earnings, non-GAAP diluted net EPS, free cash flow, gross cash and net cash (debt) to investors in addition to the related GAAP financial measures provides investors with greater insight to the information used by HP’s management in its financial and operational decision making and allows investors to see HP’s results “through the eyes” of management. HP further believes that providing this information better enables HP’s investors to understand HP’s operating performance and financial condition and to evaluate the efficacy of the methodology and information used by HP’s management to evaluate and measure such performance and financial condition. Disclosure of these non-GAAP financial measures also facilitates comparisons of HP’s operating performance with the performance of other companies in HP’s industry that supplement their GAAP results with non-GAAP financial measures that may be calculated in a similar manner.

    Editorial contacts

    HP Inc. Media Relations
    MediaRelations@hp.com

    HP Inc. Investor Relations
    InvestorRelations@hp.com

    The MIL Network –

  • MIL-OSI USA: Rep. Hoyle Announces 2025 Congressional Art Competition Winner

    Source: US Representative Val Hoyle (OR-04)

    May 28, 2025

    For Immediate Release: May 28, 2025 

    WASHINGTON, D.C.  –  Today, Representative Val Hoyle (OR-04) announced Teakki Rain Legg from Florence as Oregon’s Fourth District’s winner of the 2025 Congressional Art Competition. Winners have their artwork featured in the U.S. Capitol for one year and receive a round-trip ticket to Washington, D.C. for themselves and a guardian to be recognized at an annual awards ceremony when the art is displayed.

    “Teakki Legg’s artistry and attention to detail stood out with his entry into this year’s competition, Shining Light, which depicts the rugged beauty of the Oregon Coast,” Rep. Hoyle said. “His work will hang in the U.S. Capitol for the next year, representing the best of our district. Beyond his artwork, Teakki is a model student giving back to his community, serving on the board of the Florence Regional Arts Alliance and teaching art classes. I also want to commend his teachers, Lauren Suveges of Siuslaw High School and John Leasure at the Florence Regional Arts Alliance, for nurturing Teakki’s talents and pushing him to enter this competition. I look forward to meeting Teakki and his parents, Roanne and Brandt, and welcoming them to our office in Washington, D.C.”

    ‘Shining Light’ by Teakki Rain Legg

    A Word from the Artist

    My name is Teakki Legg and I’m a 16 year-old artist raised in Oregon. My piece, Shining Light, was heavily inspired by the Oregon coast where I live, which is populated by many lighthouses, such as Heceta Head and Yaquina. The lighthouse is a metaphor to illuminate possibilities and connection in the world, which sometimes can feel dark, but there’s always a light to go toward. As an artist, I simply can’t help but be inspired by the beauty of Oregon, in particular the coast. 

    I mainly work in watercolor and ink, but my painting was done in oil, a relatively new medium I’ve been experimenting with. I’ve had a great oil teacher, John Leasure, as well as my wonderful High School art teacher, Lauren Suveges, who also encouraged me to enter the Congressional art competition. Oil allows me to be more expressive with my colors and strokes, due to the fact that oil paint is so much thicker. 

    I’m so excited for the opportunity to go to Washington DC to see my painting hanging in the Capitol.  Thank you!

    Teakki Rain Legg

    Teakki Rain Legg, 16, was born in the art colony of Taos, New Mexico into a creative family filled with artists and writers. Home-schooled since birth, Teakki completed his first commissioned work at age 13. 

    Teakki’s work has won him multiple recognitions, including an Artist’s Choice Award. At age 15, Teakki began serving on the board of the Florence Regional Arts Alliance (FRAA). In his spare time, he teaches classes in watercolor, and pen and ink. 

    Some of his favorite artists include M. C. Escher, Rob Gonsalves, Bob Ross, Mark Kistler, and his grandfather, Martin Goldman. He enjoys and is inspired by comics, such as Calvin and Hobbes, and plans to pursue a career as an artist.

    You can see more of Teakki’s work here.

    The Congressional Art Competition

    The Congressional Art Competition is a bipartisan initiative to incentivize arts education for high school students across America. Every district that chooses to participate selects one winner annually. More information can be found on Rep. Hoyle’s website. 

     

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    MIL OSI USA News –

  • MIL-OSI USA: S. 723, Tribal Trust Land Homeownership Act of 2025

    Source: US Congressional Budget Office

    S. 723 would require the Bureau of Indian Affairs (BIA) to process and review mortgage packages involving property located on tribal land held in trust by deadlines specified in the bill. The bill also would establish a position within BIA to serve as an intermediary between the bureau and tribes, tribal members, and lenders.

    In addition, the bill would require BIA to provide federal agencies and Indian tribes with access to relevant land documents from the Trust Asset and Accounting Management System. Finally, S. 723 would require the Government Accountability Office (GAO) to report to the Congress about the digitization of documents related to mortgages on tribal land.

    Using information from the Department of the Interior, CBO expects the agency would need three employees at an average annual cost of $125,000 per employee in 2025. On that basis, and accounting for anticipated inflation, CBO estimates it would cost BIA $2 million over the 2025‑2030 period to implement those requirements. Based on the costs of similar activities, CBO estimates that the cost to GAO to complete the report would not be significant. Any related spending would be subject to the availability of appropriated funds.

    The CBO staff contact for this estimate is Julia Aman. The estimate was reviewed by H. Samuel Papenfuss, Deputy Director of Budget Analysis.

    Phillip L. Swagel

    Director, Congressional Budget Office

    MIL OSI USA News –

  • MIL-OSI USA: S. 1047, Assisting Small Businesses Not Fraudsters Act

    Source: US Congressional Budget Office

    S. 1047 would clarify that small businesses with associates who are convicted of falsely receiving financial assistance from the Small Business Administration (SBA) for programs related to COVID-19 are ineligible for future financial assistance. Under current law, those people are already ineligible for future funding from the SBA.

    The SBA currently requires applicants for loans and grants to disclose whether they are being investigated for or have been convicted of defrauding a federal agency. In addition, the agency uses federal databases to identify applicants previously convicted of fraud and provides lenders with pre-approval screening to detect fraud before financial assistance is awarded.

    Because the SBA already reviews applications to verify that applicants who have falsely received assistance do not receive additional federal assistance, CBO estimates that implementing S. 1047 would have insignificant costs. Any related spending would be subject to the availability of appropriated funds.

    The CBO staff contact for this estimate is Aurora Swanson. The estimate was reviewed by H. Samuel Papenfuss, Deputy Director of Budget Analysis.

    Phillip L. Swagel

    Director, Congressional Budget Office

    MIL OSI USA News –

  • MIL-OSI USA: S. 642, Keweenaw Bay Indian Community Land Claim Settlement Act of 2025

    Source: US Congressional Budget Office

    S. 642 would authorize the appropriation of $34 million in fiscal year 2026 for the Keweenaw Bay Indian Community as compensation for the loss of land under the Swamp Land Act of 1850 and the Canal Land Act of 1852. The funds could be used by the tribe for any lawful purpose, including governmental services, economic development, natural resources protection, and land acquisition for purposes other than gaming. For this estimate, CBO assumes that the Congress will appropriate the specified amount in fiscal year 2026.

    S. 642 contains intergovernmental mandates as defined in the Unfunded Mandates Reform Act (UMRA). The cost of the mandates would not exceed the annual threshold established in that act ($103 million in 2025, adjusted annually for inflation).

    The bill would extinguish claims of the Keweenaw Bay Indian Community against owners of the Reservation Swamp Lands and the Reservation Canal Lands. Eliminating an existing right of action is a mandate because the right to seek redress and recover damages beyond what is provided in the bill would be lost. Based on information from the tribe, CBO expects it is unlikely that the tribe would pursue such claims. Therefore, CBO estimates that the cost, if any, of the mandate would be small.

    The bill would prohibit gambling on tribal land obtained by the Keweenaw Bay Indian Community with funds from the settlement awarded under the bill. Because gaming on such land is currently allowed under federal law, the proposed ban would be a mandate. However, because the tribe has no plan to use settlement funds to obtain land for gaming purposes, the cost of the mandate would be small.

    The bill contains no private-sector mandates as defined in UMRA.

    The CBO staff contacts for this estimate are Julia Aman (for federal costs) and Rachel Austin (for mandates). The estimate was reviewed by H. Samuel Papenfuss, Deputy Director of Budget Analysis.

    Phillip L. Swagel

    Director, Congressional Budget Office

    MIL OSI USA News –

  • MIL-OSI USA: Attorney General James Sues Trump Administration to Protect Scientific Research and Education Programs 

    Source: US State of New York

    EW YORK – New York Attorney General Letitia James today co-led a coalition of 15 other attorneys general in suing the Trump administration to stop its illegal attempts to cut critical National Science Foundation (NSF) programs and funding that help maintain the United States’ position as a global leader in science, technology, engineering, and math (STEM). On April 18, NSF began terminating projects focused on increasing the participation of women, minorities, and people with disabilities in STEM fields. On May 2, NSF announced that it would also cap “indirect costs” of research projects like laboratory space, equipment, and facility services at 15 percent. This arbitrary limit on indirect costs would slash millions of dollars for groundbreaking scientific research across the country, jeopardizing national security, the economy, and public health. With this lawsuit, Attorney General James and the coalition are seeking a court order blocking the implementation of NSF’s new directives to eliminate programs addressing diversity in STEM and cut vital funding for research across the country.

    “Every time we go online, scan a barcode at checkout, or get an MRI, we use technology made possible by the National Science Foundation,” said Attorney General James. “This administration’s attacks on basic science and essential efforts to ensure diversity in STEM will weaken our economy and our national security. Putting politics over science will only set our country back, and I will continue to fight to protect critical scientific research and education.”

    Since its creation in 1950, NSF has been an independent federal agency crucial to maintaining the United States’ dominance in STEM. From developing artificial intelligence (AI) technology to creating innovative solutions to environmental and energy challenges, NSF-funded research at American universities is vital to addressing the nation’s biggest challenges and maintaining the country’s competitive edge.

    NSF also has a Congressionally-mandated focus on improving diversity in STEM fields. Congress has instructed in law that a “core strategy” of NSF’s work must be to increase the participation of people who have historically been left out of STEM occupations. This policy has been a success. As Attorney General James and the coalition note, between 1995 and 2017, the number of women in science and engineering occupations, or with science or engineering degrees, has doubled. During that same time, people of color went from 15 percent to 35 percent of science and engineering job or degree holders.

    As a result of NSF’s April 18 directive to terminate programs seeking to increase diversity in STEM, dozens of projects have been canceled. In New York, these include 18 programs funded with $11 million in NSF funds within the City University of New York (CUNY) that specifically seek to promote participation in STEM fields by women, minorities, and people with disabilities. All of those programs have had their funding canceled.

    Attorney General James and the coalition also assert in the lawsuit that NSF’s directive to cap indirect costs at 15 percent would devastate scientific research at universities throughout the country. Twenty-three campuses across the State University of New York (SUNY) system participate in NSF-funded research and received over $104 million in NSF funding in fiscal year 2024. These funds supported cutting-edge research, including microelectronics research at the University at Buffalo, world-leading atmospheric science and climate research at the University at Albany, and the NSF Upstate New York Energy Storage Engine led by Binghamton University, which aims to establish a hub for new battery technology to decrease dependence on technology from China.

    As Attorney General James and the coalition argue, NSF’s new cap would mean essential research and infrastructure would be cut, leading to critical projects being abandoned, staff laid off, and research essential to national security, public health, and economic stability ending. In fiscal year 2025, SUNY expects to receive $24.6 million for indirect costs. A 15 percent cap on indirect costs would slash $18 million in critical research funding for the SUNY system. The administration’s unlawful attempts to cap indirect costs at 15 percent for National Institutes of Health (NIH) and Department of Energy (DOE) grants have already been stopped by courts, in part due to a lawsuit brought by Attorney General James and 21 other attorneys general.

    Attorney General James and the coalition argue that NSF’s directives violate the Administrative Procedure Act and the Constitution by unlawfully changing NSF policy and ignoring Congress’s intent for how NSF should function. The lawsuit seeks a court order ruling NSF’s new policies are illegal and blocking them from being implemented.

    Joining Attorney General James in filing this lawsuit are the attorneys general of California, Colorado, Connecticut, Delaware, Hawaii, Illinois, Maryland, Massachusetts, Nevada, New Jersey, New Mexico, Oregon, Rhode Island, Wisconsin, and Washington.

    MIL OSI USA News –

  • MIL-OSI USA: OEM Now Accepting SPIRE IV Grant Applications

    Source: US State of Oregon

    alem, OR—The Oregon Department of Emergency Management (OEM) has announced that the State Preparedness and Incident Response Equipment (SPIRE) Grant is open for applications—providing critical emergency preparedness equipment to local governments and other eligible recipients.

    All application packages must be submitted online by 5 p.m. on Monday, June 2, 2025. Applicants should ensure they review materials well in advance, as letters of support from partnering agencies are required.

    Applicants in previous years have used the grant to purchase things like generators, sand bagging machines and search and rescue vehicles. This equipment can then be used by the local jurisdiction or lent to other jurisdictions during disaster response.

    Applicants can visit the OEM SPIRE webpage to access:

    • The SPIRE Application Form
    • SPIRE Guidance and Application Instructions, including the Equipment List
    • Anticipated Equipment Specifications
    • SPIRE Evaluation Criteria
    • Application form for review team members

    Funding for SPIRE grants is made available through bond sales by the state. Applications will be evaluated within regional, Tribal, and urban search and rescue (USAR) categories to ensure fair distribution of equipment. This process is designed to address capability gaps identified through the Threat and Hazard Identification and Risk Assessment (THIRA)/State Preparedness Report (SPR), ensuring representation from all disciplines and regions in decision-making and guaranteeing that awarded equipment has the greatest impact.

    “The SPIRE Grant plays a critical role in strengthening emergency preparedness across our state,” OEM Director Erin McMahon said. “By equipping local governments and response teams with the tools they need, we’re ensuring Oregon communities can respond swiftly and effectively to emergencies. We encourage eligible applicants to take advantage of this opportunity to enhance their emergency response capabilities.”

    Our webpage also includes:

    • A map of current SPIRE-funded equipment, including items awarded but not yet arrived
    • Annual reporting forms and instructions for current SPIRE equipment holders (reports were due Oct. 15, 2024)

    MIL OSI USA News –

  • MIL-OSI USA: DAUPHIN COUNTY – Department of State to Begin Risk-Limiting Audit of 2025 Primary Election

    Source: US State of Pennsylvania

    May 29, 2025 – Harrisburg, PA

    ADVISORY – DAUPHIN COUNTY – Department of State to Begin Risk-Limiting Audit of 2025 Primary Election

    Department of State officials and staff will begin the statewide risk-limiting audit (RLA) of Pennsylvania’s 2025 primary election. Department staff will roll 10-sided dice to generate a 20-digit “seed number,” which will be used to randomly determine which batches of ballots from the May 20 primary election will be audited over the next several days.

    WHO:
    Jonathan Marks, Deputy Secretary for Elections and Commissions
    Department of State staff members

    WHEN:
    TOMORROW, Thursday, May 29 at 2 P.M.

    PUBLIC LIVESTREAM:
    The livestream will be available at https://pacast.com/live/dos. A PACast with audio, video, and a press release will be available after the event.

    MIL OSI USA News –

  • MIL-OSI USA: CUMBERLAND COUNTY – Shapiro Administration to Launch 8th Annual Great American Getaway Scooped: An Ice Cream Trail

    Source: US State of Pennsylvania

    May 29, 2025 – Carlisle, PA

    ADVISORY – CUMBERLAND COUNTY – Shapiro Administration to Launch 8th Annual Great American Getaway Scooped: An Ice Cream Trail

    Agriculture Secretary Russell Redding will join Department of Community and Economic Development Secretary Rick Siger at Destiny Dairy Bar for the launch of the 2025 Scooped: An Ice Cream Trail and the start of June as dairy month.

    The event will highlight the Pennsylvania dairy and tourism industries connecting farm families and ice cream lovers and the partnership of the Pennsylvania Department of Agriculture’s PA Preferred® program, DCED’s Tourism Office, and the Center for Dairy Excellence. The 2025 ice cream trail will take visitors all across Pennsylvania with 51 creameries included in this year’s ice cream trail.

    Pennsylvania has six culinary trails for families to explore and support local farms while making sweet family memories. Governor Josh Shapiro’s 2025-26 budget proposes an increase of $13 million to the historic Agricultural Innovation Grant program to help farms across Pennsylvania compete and succeed.

    WHO:
    Agriculture Secretary Russell Redding
    Department of Community and Economic Development Secretary Rick Siger
    Pennsylvania Tourism Office Executive Director Kaitie Burger
    Destiny Dairy Bar Owner and Stover Farms Herd Manager Amy Brickner

    WHEN:
    Thursday, May 29 at 11 a.m.

    WHERE:
    Destiny Dairy Bar, 60 Horners Road, Carlisle, PA 17015

    RSVP:
    Press attending should RSVP with news outlet and photographer and reporter names to aginfo@pa.gov.

    MIL OSI USA News –