Balyasny asset management llc
CLOV
2021.01.25 00:42 zoomermoney CLOV
Clover Health is the future of medicare, with a mission to improve every life through smart, preventative healthcare. Their software platform, Clover Assistant helps physicians diagnose and treat chronic diseases earlier. This is the Clover Health Investments Reddit Discussion Hub ($CLOV).
2023.05.30 22:54 RandomInternetGuy918 Searching for a company that does remote asset management.
I thought I used to be a master of Google and thought for sure I could find some companies to talk to that will ship employees an imaged computer and the take that computer back when they are offboarded, but I am failing hard.
If anyone can point me in the right direction, or even a recommendation. We have 100 employees and are fully remote, looking to get some standards around both security and assets.
Thanks everyone in advance for this.
submitted by RandomInternetGuy918 to ITManagers [link] [comments]
If anyone can point me in the right direction, or even a recommendation. We have 100 employees and are fully remote, looking to get some standards around both security and assets.
Thanks everyone in advance for this.
2023.05.30 22:53 Kolegooo Feel Like The Sooner I Can Become Financially Secure The Better.
I know everyone wants this. But it's a pretty extreme feeling for me. Money is a big concern to me beacsue of the price of houses and the rising costs of living and because of ADHD. I impulsively spend, sometimes it's just food other times it's much more expensive things.
It's all fine and well RN living with my parents and having no responsibilities. But that won't always be the case. I not only fear not having money, more so having responsibilities and not having money, but being stuck in mortgage for 25+ years and/or getting a new car on finance as everyone seems to these days and paying off over 5 years or so.
But apparently that's how we are meant to live. I end up feeling like existing is pointless. Like really what is the point? There isn't one besides our evolutionary purpose to reproduce and survive. But in the grand scheme of things, you can say there's no point in us existing in the first place. Being human, is a gift and a curse really, it's a miracle we are here, the odds have always been against us and yet life prevailed. I am thankfull to have the opportunity to possibly have a purpose that is more than just eating, sleeping, a bit of growing, repeat, and eventually dying or being eaten. I have sort of concluded the purpose is to enjoy life, to have an adventure and to have fun and look after those I love. And maybe, if possible to have some positive contribution to humanity.
The curse on the other hand, is having a decent understanding of the universe and the sciences, being conscious and self aware. Knowing there is no actual purpose in the grand scheme of things and having to come up with your own. Because if you can't come up with one or you are failing at the one you have. Everything becomes pretty pointless.
I've gone off on a tangent here, but the thing is I feel I can't get finance or a mortgage, because i feel like the moment I do, I am, in a way, sealing my fate. Since being in school I struggled to, and in many cases was unable to make plans for my future. It was horrible, and still is. I can't plan meals for a week which I attempted at uni, because I don't know what I am going to want to eat each day. I'd end up throwing so much out because I'd forget about it and it'd go off or i just simply didn't want it and it'd go off.
A few years back me and a friend went on a trip to Amsterdam and Barcelona, we booked it the night before. It was actually so much less stressful than booking one in advance. Because knowing it's coming up gives me so much anxiety. I suppose I like to live in the moment. Do what I want when I want. Being stuck with a mortgage and my 9-5 job, I can't really decide I want to travel the world, or go wild camping for a month or some shit. I mean I can if I book in advance I suppose and plan it, but yeehhhh 😑
I also don't mind working, if it's interesting and something worth working on. My job is not that at all. It also doesn't help there is only one other guy in my office, my manager, who I detest, as is paid double what I get for i shit you not, a quarter of the work, and that's probably being kind. I'm a hard worker and like solving problems and being creative. I try to use those traits in my current job with some success, but there is only so much I can do. I'm basically a regulatory compliance dude and do data analysis, it's boring af. It pisses me off they i spend like half my waking life in an office with the cunt (actually less than that, because he has so many cig breaks 🙄).
Feel like my only way out is to start my own business/businesses, on the side. And my plan is to spend my money on assets, things that can make me money. I feel like i want to buy a cheapish house outright and fix it up. Then eventually sell it, or rent it out if it's nice enough. The thing Is, i have time and energy, and the motivation not to fail. Just not really the direction to channel these qualities i guess. I don't like relaxing, i hate it, and i struggle to do it. But i wish i could, i wish my brain would slow down enough instead of trying to make me do 100 things at once. Maybe I can once I climb out this hole. Once I achieve something.
Shit bollocks this is a long post, i do apologise.
I'll open the floor to any questions or suggestions. Thankyou.
submitted by Kolegooo to ADHD [link] [comments]
It's all fine and well RN living with my parents and having no responsibilities. But that won't always be the case. I not only fear not having money, more so having responsibilities and not having money, but being stuck in mortgage for 25+ years and/or getting a new car on finance as everyone seems to these days and paying off over 5 years or so.
But apparently that's how we are meant to live. I end up feeling like existing is pointless. Like really what is the point? There isn't one besides our evolutionary purpose to reproduce and survive. But in the grand scheme of things, you can say there's no point in us existing in the first place. Being human, is a gift and a curse really, it's a miracle we are here, the odds have always been against us and yet life prevailed. I am thankfull to have the opportunity to possibly have a purpose that is more than just eating, sleeping, a bit of growing, repeat, and eventually dying or being eaten. I have sort of concluded the purpose is to enjoy life, to have an adventure and to have fun and look after those I love. And maybe, if possible to have some positive contribution to humanity.
The curse on the other hand, is having a decent understanding of the universe and the sciences, being conscious and self aware. Knowing there is no actual purpose in the grand scheme of things and having to come up with your own. Because if you can't come up with one or you are failing at the one you have. Everything becomes pretty pointless.
I've gone off on a tangent here, but the thing is I feel I can't get finance or a mortgage, because i feel like the moment I do, I am, in a way, sealing my fate. Since being in school I struggled to, and in many cases was unable to make plans for my future. It was horrible, and still is. I can't plan meals for a week which I attempted at uni, because I don't know what I am going to want to eat each day. I'd end up throwing so much out because I'd forget about it and it'd go off or i just simply didn't want it and it'd go off.
A few years back me and a friend went on a trip to Amsterdam and Barcelona, we booked it the night before. It was actually so much less stressful than booking one in advance. Because knowing it's coming up gives me so much anxiety. I suppose I like to live in the moment. Do what I want when I want. Being stuck with a mortgage and my 9-5 job, I can't really decide I want to travel the world, or go wild camping for a month or some shit. I mean I can if I book in advance I suppose and plan it, but yeehhhh 😑
I also don't mind working, if it's interesting and something worth working on. My job is not that at all. It also doesn't help there is only one other guy in my office, my manager, who I detest, as is paid double what I get for i shit you not, a quarter of the work, and that's probably being kind. I'm a hard worker and like solving problems and being creative. I try to use those traits in my current job with some success, but there is only so much I can do. I'm basically a regulatory compliance dude and do data analysis, it's boring af. It pisses me off they i spend like half my waking life in an office with the cunt (actually less than that, because he has so many cig breaks 🙄).
Feel like my only way out is to start my own business/businesses, on the side. And my plan is to spend my money on assets, things that can make me money. I feel like i want to buy a cheapish house outright and fix it up. Then eventually sell it, or rent it out if it's nice enough. The thing Is, i have time and energy, and the motivation not to fail. Just not really the direction to channel these qualities i guess. I don't like relaxing, i hate it, and i struggle to do it. But i wish i could, i wish my brain would slow down enough instead of trying to make me do 100 things at once. Maybe I can once I climb out this hole. Once I achieve something.
Shit bollocks this is a long post, i do apologise.
I'll open the floor to any questions or suggestions. Thankyou.
2023.05.30 22:45 tdtwedt Former Coinbase Manager and His Brother Agree to Settle Insider Trading Charges Relating to Crypto Asset Securities
submitted by tdtwedt to Wallstreetsilver [link] [comments]
2023.05.30 22:34 Cheatography Attitude - Media Studies [A Level, WJEC] Cheat Sheet by churger (4 pages) #education #nope #alevel #wjec #mediastudies
![Attitude - Media Studies [A Level, WJEC] Cheat Sheet by churger (4 pages) #education #nope #alevel #wjec #mediastudies](https://external-preview.redd.it/fAPwlpMhr2Zfj2N9A61RTrkCC-31BwUCKIuIx8PYFLo.png?width=640&crop=smart&auto=webp&s=e06faa57c992e765cd290e56b8f13ad724d8d966 "Attitude - Media Studies [A Level, WJEC] Cheat Sheet by churger (4 pages) #education #nope #alevel #wjec #mediastudies") | submitted by Cheatography to Cheatography [link] [comments] |
2023.05.30 22:30 Mountainous_Gloom4 Getting out of Route Owner contract
I have owned a snack delivery route under an LLC that spans multiple counties for almost a year. The previous owner employed me to work it and everything was going well but he abruptly left (literally freaked out and left the state) so I bought it because I didn’t want to lose my income. It was going well for a while but the route’s 6 day work week that’s typically 12+ hours has taken its toll on me with the added management aspect on top of deliveries.
I contacted the company I’m contracted to a few months ago about transferring the route to someone else and they seemed helpful at first. I referred a lot of people to them but they haven’t made any progress with my referrals. Now they seem agitated when I contact them about updates and try to change the subject.
Should I wait and see if the company helps me out? Is it time for an attorney to go over the contract? I really want to make this as convenient as possible for everyone but I can’t help but think they don’t really care now.
submitted by Mountainous_Gloom4 to legaladvice [link] [comments]
I contacted the company I’m contracted to a few months ago about transferring the route to someone else and they seemed helpful at first. I referred a lot of people to them but they haven’t made any progress with my referrals. Now they seem agitated when I contact them about updates and try to change the subject.
Should I wait and see if the company helps me out? Is it time for an attorney to go over the contract? I really want to make this as convenient as possible for everyone but I can’t help but think they don’t really care now.
2023.05.30 22:12 enchantinglastrada CitizenM Asset Management USA Llc Discount Code
Look at for CitizenM Asset Management USA Llc Discount Code. When you need the newest coupons and promo codes, that page is the perfect spot to check. They also have current deals available.
submitted by enchantinglastrada to GleesomeDiscount [link] [comments]
2023.05.30 21:49 Dear-Tomatillo6380 How to get out of an business relationship and ownership stake
Background and context: I had a mentor who was a boss of mine until a month or so ago. I asked how he could help me about two years ago get into and start building a portfolio of assets. We started an LLC together and here are the order of events so far since inception (July 2021): 1.) Started an entity 2.) Middle of 2022 found a deal to purchase two Salt Water Disposal Wells in Texas. Around the same time I put some capital down for an oil brokerage deal through him. You buy from some crude hauling company and sell to another and take the arbitrage. We're also working towards being an LP in a trucking company with $0 capital down. The way we're doing $0 down is basically helping the purchaser structure the deal, who isn't financially savvy but knows how to run and operate a company like this. 3.) He convinced me that we should form an operating company and operate the wells. I suggested that we just hire a third party operator since we aren't PE's but he insisted on this being the way since he's done this in the past. We did this through the RRC of Texas and had a P5 operating number to manage the wells. Through this we needed an operating agreement so we got that signed. When he signed it looks like he crossed out every sections header. I didn't notice because he was the second signature and the one who shared it with the bank. 4.) I invest in a brokerage deal with him where the capital was supposed to return in 4 months. 4.) After a month or so, I wanted to ensure we were properly documenting all of the documents across the business, crossing our t's and dotting our i's per se. I did this and found 6 wells I had never heard of under our operating entity. I brought this up with documentation to him, he profusely apologized because it was just supposed to be a placeholder. 5.) I accepted his apology and the workaround was to get me off of the LLC, co-own a "parent" entity which owns 50% of the "operating" entity. So this way I had no liability in the operating entity but financial upside in the deal. Again, acting as a 'mentor' this is what we came to a conclusion of. It seemed fair to both parties due to the mishap. 6.) Around the end of last year he was threatened by the company that sold us the wells that they would take back the wells along with up to 1mm of damages done to the mismanagement of the property. They sent and addressed this to him since he's on file as the sole operator of the entity that operates the wells. I saw the letter because it came to our shared mailbox. Their claim was we didn't transfer the pit permit of which I had no clue needed to be done, and of which he didn't know because he doesn't know as much as he leads on to. Had we just contract operated this deal none of this would be an issue, but he doesn't give credence to that fact, just carries on as if the company that's threatening to sue knows nothing and that it would all be fine. 7.) He "handles it" and meets with the team who threatened that and talked them off the ledge. Or so he tells me. This has been where we've left that hiccup since. It's important to note at this point which was 2 months ago I'm thinking about how can I separate myself completely from this deal. I don't think I have risk the way it's structured but I don't really know for sure. 8.) As. all of this is coming to a head, the purchase of the trucking business is potentially happening. Somehow the loan to purchase the business is trying to get us to sign a personal guarantee, I decline, instead my "mentor", the guy who's going to own the majority of the trucking business sign a PG. They send me the docs after signing, but the way he signed was as the entity that we own through our parent org and him as the managing member, so our entity and really him personally have a recourse loan. 9.) When I'm looking at the loan after the fact, the thing is almost predatory. Pre-payment penalty is the full interest and principal of the loan plus the maximum allowable pre-payment penalty. Not to get into it but this was not the structure we needed based on what we were trying to do. I call them out but they already signed it. 10.) I quit my job. I don't want to work with the guy anymore. Reminder is that I worked with him at our a day jobs and this was just side income opportunities. 11.) As all of this is coming to a head it dawns on me that I just want out and don't know how to. Is the best way to just approach him in our meeting tomorrow and say I want a $0 buyout, he can have the assets (or in my opinion the liability) that he has taken on, and I just want off of the entities? 12.) As I'm strategizing the exit plan conversation with him, I'm having trouble getting him in person to talk through how I'd like to be out of the business. Long story short I need to solve for 3 things: 1.) Understand my liability with this loan that I did not sign a PG for but the entity that we are listed as owners of did (with he as a managing member) 2.) Understand my liability with the two SWD assets that the group threatened to sue him / the operating entity on. 3.) What should I do to separate myself from this completely, and as quickly as possible
submitted by Dear-Tomatillo6380 to legaladvice [link] [comments]
2023.05.30 21:28 enchantinglastrada CitizenM Asset Management USA Llc Promo Code
Go to this page for CitizenM Asset Management USA Llc Promo Code. If you're looking for the newest coupons and promo codes, that page is the place to go. They always have the latest offers available.
submitted by enchantinglastrada to GleesomeDiscount [link] [comments]
2023.05.30 21:28 Ace_Marine SEC.gov Former Coinbase Manager and His Brother Agree to Settle Insider Trading Charges Relating to Crypto Asset Securities
submitted by Ace_Marine to HellLetLoose2 [link] [comments]
2023.05.30 21:22 EnvironmentalUnion18 Been applying for the past 4 months to Entry Level Data related positions, hardly any interviews, constant rejections, can i receive feedback on my resume?
submitted by EnvironmentalUnion18 to resumes [link] [comments]
2023.05.30 21:18 Dismal-Jellyfish Commodity Futures Trading Commission staff advisory: All Derivatives Clearing Organization (“DCO”) Division of Clearing and Risk (“DCR”) Review of Risks Associated with Expansion of DCO Clearing of Digital Assets.
 | submitted by Dismal-Jellyfish to Superstonk [link] [comments] |
2023.05.30 20:51 BulzLover FDD department
Is is hard to get in FDD department nowdays? I am aiming for Top 10 firms.
I had 2 internship experiences at bank and asset management. I also had a assurance intenrship this January at Top 50 firm. I will be graduating with Master of Accounting at top #3 school next May. I just want to have a brief outlook on entry requirement for FDD department.
Thank you.
submitted by BulzLover to Accounting [link] [comments]
I had 2 internship experiences at bank and asset management. I also had a assurance intenrship this January at Top 50 firm. I will be graduating with Master of Accounting at top #3 school next May. I just want to have a brief outlook on entry requirement for FDD department.
Thank you.
2023.05.30 20:36 enchantinglastrada CitizenM Asset Management USA Llc Coupon Code
Click the link for CitizenM Asset Management USA Llc Coupon Code. Save some money by selecting one of the current promo codes or coupons on that page. That page is updated regularly with the latest coupons, promo codes, and deals. Take advantage of the discounts by selecting one to use.
submitted by enchantinglastrada to GleesomeDiscount [link] [comments]
2023.05.30 20:33 schmooooo0 The BBBYQ grift rift deepens
 | submitted by schmooooo0 to gme_meltdown [link] [comments] |
2023.05.30 19:59 imacatholicslut Pretty sure I’m being fired tomorrow
It’s a long long story to get into but I have been working remotely for a marketing software company for over two years. I came back from Mat leave at the end of February after having my baby in December.
I almost quit during my pregnancy because the company merged twice by acquiring others so I got saddled with 50+ accounts, many of which were already upset, angry with our service and and orphaned (didn’t have a manager). I had a difficult, high risk pregnancy and I am single, living alone.
I had to fight really hard to get them to treat me compassionately and to reduce my workload. I talked to HR and things got better, I was switched to a different team (third switch) and went on Mat leave. I come back from Mat leave and am immediately put into an “onboarding program” which was essentially run like I was a new employee. I was told they were doing this because of my performance issues and that it was necessary for my success. I did as such, but then our new VP started making me uncomfortable.
She started a month ago. For context, she is from Hong Kong and worked very high up the ladder for Goldman Sachs. In a group meeting where we’re introducing ourselves and doing an ice breaker, she said something I considered to be offensive. I mentioned I have an infant daughter and explained the meaning behind her name. She responded with “oh you’re Filipino? We have lots of Filipino maids in Hong Kong”
I was frankly taken aback and so I just laughed nervously and waited to her to move on. It took everything in me not to clap back with “Filipinos are also teachers, lawyers, doctors…” but I held my tongue. She may not see it as an insult and there is nothing wrong with being a maid or “domestic helper” but what I gathered from that comment was “oh yeah we have Filipino maids, they’re scrubbing my toilet as we speak!”
Idk maybe it’s because I used to be an organizer or because I don’t have my college degree but I was really unhappy after that exchange.
The next meeting we had she told me that she graded me an “F” on the onboarding program even though I finished all of it and had the program administrator review everything for accuracy. She did my “annual review” (even though she was only there for a month) and told me that she talked to a bunch of people who worked with me to get an idea of how my 2022 went. I did my best to explain the circumstances of why that year was rough, with mergers, a high risk pregnancy, too many clients and middle management making my life hell when I needed to take PTO or go to doctors appointments.
She nodded her head and acted empathetic, until she told me that it was expensive to retain me and put me through that program and that if it had been up to her I would be gone already. She said she thinks I am smart and capable, and that I “take any and all criticism very well” and have the right attitude. She told me I need to be better for my daughter and to do it for [daughters name]” which also made uncomfortable. Everyone knows I am a single mother.
Then it was like a switch was flipped. She got very serious and told me that I “did not read her email” and that she was really angry with me because she was clear. What actually happened was that I pushed back a little helping a client with something they needed right away that is not in their contract. She didn’t wait for me to explain that I felt the client would be more inclined to give us more business if we helped them this one time and upsell to them so it would be part of their contract going forward.
She interrupted me, leaned forward into the camera and yelled “NO, I was VERY CLEAR!” Right in front of my director. It’s been years since I’ve been yelled at and I wasn’t prepared at all for that reaction.
I shut down and just took it on the chin. she told me that in our next meeting she’ll decide what’s next for me and implied that it’s a meeting to determine if I’m going to be employed.
My director feels bad for me and backed me up on the fact that I have been moved around a lot and haven’t had the stability to grow and improve. She told me she doesn’t have a say in the final decision but that she feels I’m a valuable asset.
My meeting with this VP is tomorrow and I am terrified. My director has no idea what it will entail. I’m braced for the worst.
So am I overreacting here and being too sensitive? I am already cleaning up my resume and getting ready to apply for other jobs because honestly I should be making at least 25k more for the amount of work I’m doing. I do not have a college degree but I make 75k so I consider that a plus because other companies can negotiate down a bit on salary, but I’ve been in the industry for 8 years.
Is this just how business is done in Hong Kong? Do I just need to swallow my pride and accept that she has a different management style?
I am not trying to start an argument on race or ethnicity in this post but I feel really poorly about myself now. It isn’t the first time I’ve been made to feel lesser than by a boss who looked down on me for being Filipino. Anytime I have to interact with her I feel like she is talking to me like a child and that she thinks I should be scrubbing someone’s floor instead.
I do not want to report her to HR because I already reported her predecessors for what they said to me last year, I think if I mention the maid comment I’ll get laughed at. I doubt the average American realizes just how exploited and mistreated Filipinos are as workers in HK. The situation is too nuanced for me to explain to most people and I’m no expert either, but she should be well aware of the politics and abusive relationship between the PRC and the Philippines. It is not a secret and I have acquaintances in HK trying to provide mutual aid for other Filipino domestic workers.
I am trying my best not to make any mistakes but I feel that it is too late and I am not going to be kept past tomorrow.
Any advice or insight would be helpful, TIA 🙏🏽
submitted by imacatholicslut to MomsWorkingFromHome [link] [comments]
I almost quit during my pregnancy because the company merged twice by acquiring others so I got saddled with 50+ accounts, many of which were already upset, angry with our service and and orphaned (didn’t have a manager). I had a difficult, high risk pregnancy and I am single, living alone.
I had to fight really hard to get them to treat me compassionately and to reduce my workload. I talked to HR and things got better, I was switched to a different team (third switch) and went on Mat leave. I come back from Mat leave and am immediately put into an “onboarding program” which was essentially run like I was a new employee. I was told they were doing this because of my performance issues and that it was necessary for my success. I did as such, but then our new VP started making me uncomfortable.
She started a month ago. For context, she is from Hong Kong and worked very high up the ladder for Goldman Sachs. In a group meeting where we’re introducing ourselves and doing an ice breaker, she said something I considered to be offensive. I mentioned I have an infant daughter and explained the meaning behind her name. She responded with “oh you’re Filipino? We have lots of Filipino maids in Hong Kong”
I was frankly taken aback and so I just laughed nervously and waited to her to move on. It took everything in me not to clap back with “Filipinos are also teachers, lawyers, doctors…” but I held my tongue. She may not see it as an insult and there is nothing wrong with being a maid or “domestic helper” but what I gathered from that comment was “oh yeah we have Filipino maids, they’re scrubbing my toilet as we speak!”
Idk maybe it’s because I used to be an organizer or because I don’t have my college degree but I was really unhappy after that exchange.
The next meeting we had she told me that she graded me an “F” on the onboarding program even though I finished all of it and had the program administrator review everything for accuracy. She did my “annual review” (even though she was only there for a month) and told me that she talked to a bunch of people who worked with me to get an idea of how my 2022 went. I did my best to explain the circumstances of why that year was rough, with mergers, a high risk pregnancy, too many clients and middle management making my life hell when I needed to take PTO or go to doctors appointments.
She nodded her head and acted empathetic, until she told me that it was expensive to retain me and put me through that program and that if it had been up to her I would be gone already. She said she thinks I am smart and capable, and that I “take any and all criticism very well” and have the right attitude. She told me I need to be better for my daughter and to do it for [daughters name]” which also made uncomfortable. Everyone knows I am a single mother.
Then it was like a switch was flipped. She got very serious and told me that I “did not read her email” and that she was really angry with me because she was clear. What actually happened was that I pushed back a little helping a client with something they needed right away that is not in their contract. She didn’t wait for me to explain that I felt the client would be more inclined to give us more business if we helped them this one time and upsell to them so it would be part of their contract going forward.
She interrupted me, leaned forward into the camera and yelled “NO, I was VERY CLEAR!” Right in front of my director. It’s been years since I’ve been yelled at and I wasn’t prepared at all for that reaction.
I shut down and just took it on the chin. she told me that in our next meeting she’ll decide what’s next for me and implied that it’s a meeting to determine if I’m going to be employed.
My director feels bad for me and backed me up on the fact that I have been moved around a lot and haven’t had the stability to grow and improve. She told me she doesn’t have a say in the final decision but that she feels I’m a valuable asset.
My meeting with this VP is tomorrow and I am terrified. My director has no idea what it will entail. I’m braced for the worst.
So am I overreacting here and being too sensitive? I am already cleaning up my resume and getting ready to apply for other jobs because honestly I should be making at least 25k more for the amount of work I’m doing. I do not have a college degree but I make 75k so I consider that a plus because other companies can negotiate down a bit on salary, but I’ve been in the industry for 8 years.
Is this just how business is done in Hong Kong? Do I just need to swallow my pride and accept that she has a different management style?
I am not trying to start an argument on race or ethnicity in this post but I feel really poorly about myself now. It isn’t the first time I’ve been made to feel lesser than by a boss who looked down on me for being Filipino. Anytime I have to interact with her I feel like she is talking to me like a child and that she thinks I should be scrubbing someone’s floor instead.
I do not want to report her to HR because I already reported her predecessors for what they said to me last year, I think if I mention the maid comment I’ll get laughed at. I doubt the average American realizes just how exploited and mistreated Filipinos are as workers in HK. The situation is too nuanced for me to explain to most people and I’m no expert either, but she should be well aware of the politics and abusive relationship between the PRC and the Philippines. It is not a secret and I have acquaintances in HK trying to provide mutual aid for other Filipino domestic workers.
I am trying my best not to make any mistakes but I feel that it is too late and I am not going to be kept past tomorrow.
Any advice or insight would be helpful, TIA 🙏🏽
2023.05.30 19:47 Then_Marionberry_259 MAY 30, 2023 NCU.TO NEVADA COPPER ANNOUNCES CLOSING OF PUBLIC OFFERING
 | https://preview.redd.it/nrjfhrmpa03b1.png?width=3500&format=png&auto=webp&s=6018cba9317cc52af55edccebb08b37341c16a33 submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES YERINGTON, Nev., May 30, 2023 (GLOBE NEWSWIRE) -- Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“ Nevada Copper ” or the “ Company ”) is pleased to announce that it has completed its previously announced public offering of units of the Company (the “ Units ”), which included a partial exercise of the over-allotment option (the “ Over-Allotment Option ”), by a syndicate of underwriters that included Scotiabank, Jett Capital LLC, National Bank Financial, RBC Capital Markets, Research Capital Corporation, and Haywood Securities Inc. The Company issued an aggregate of 196,038,400 Units, including 22,333,400 Units pursuant to the Over-Allotment Option, at a price of C$0.27 per Unit, for aggregate gross proceeds of approximately C$52.9 million (the “ Offering ”). Each Unit consists of one common share of the Company (each a “ Common Share ”) and one-half of one Common Share purchase warrant (each full warrant, a “ Warrant ”, and collectively the “ Warrants ”). Each Warrant is exercisable for one Common Share (each a “ Warrant Share ”) at a price of C$0.34 per Warrant Share until September 30, 2024. The Company intends to use the net proceeds of the Offering and those contemplated under the financing package agreement (as discussed in the Company’s May 9, 2023 news release) to continue funding the restart and ramp-up of the Company’s Pumpkin Hollow underground mine (the “ Underground Mine ”) and for general corporate purposes, including working capital, with the goal of achieving nameplate production capacity of 5,000 tons per day by the end of 2023. Pala Investments Limited (“ Pala ”), the Company’s largest shareholder, purchased an aggregate of 108,442,714 Units under the Offering, representing aggregate gross proceeds of approximately C$29.3 million. In addition, Mercuria Energy Holdings (Singapore) Pte. Ltd. (“ Mercuria ”), another significant shareholder of the Company, purchased 24,814,814 Units under the Offering, for an aggregate purchase of approximately C$6.7 million. After closing of the Offering, Pala’s ownership interest in the Company on a non-diluted basis has increased from approximately 43% to approximately 47% and Mercuria’s ownership interest in the Company on a non-diluted basis has decreased from approximately 24% to approximately 23% (inclusive of 46,000,000 Common Shares and 25,848,765 Common Shares acquired by Pala and Mercuria, respectively, upon exercise of a portion of their existing Common Share purchase warrants issued in connection with the Company’s October 2022 financing). As previously announced, Pala has agreed to exercise the balance of the Common Share purchase warrants issued in connection with the Company’s October 2022 financing subject to the expiry of a review period or clearance in respect of anticipated filings under the United States Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“ HSR Clearance ”) to permit Pala to exceed a majority ownership interest in the Company. The exercise of the foregoing Common Share purchase warrants by Pala, together with the prior Common Share purchase warrant exercise, will reduce approximately US$82 million of debt obligations owing by the Company to Pala. Upon receipt of HSR Clearance and the completion of the subsequent Common Share purchase warrant exercise, Pala’s ownership interest in the Company on a non-diluted basis is expected to increase to approximately 61.7%. The Company anticipates obtaining HSR Clearance in approximately 60 days. The Company has also drawn the remaining US$10 million of the US$25 million amount that was added to the Company’s senior credit facility with KfW IPEX-Bank GmbH, as tranche A-2, as part of the Company’s October 2022 financing. As previously announced, concurrent with closing of the Offering, Pala and Mercuria have entered into a deferred funding agreement in favour of the Company, pursuant to which Pala and Mercuria will provide up to US$15 million and US$10 million, respectively, subject to certain conditions, to be drawn pro rata by the Company, if required, until June 30, 2024. These funds, if required, will be advanced in exchange for Common Shares, convertible debt and/or non-convertible debt of the Company. In addition, as announced in the Company’s May 9, 2023 news release, Pala had also agreed to provide US$10 million in debt funding to the Company, US$5.5 million of which was advanced prior to announcement of the Offering. The additional US$4.5 million in debt funding was subject to certain conditions, including, but not limited to, the reduction on a dollar-for-dollar basis of the funding if the Over-Allotment Option was exercised. Given the partial exercise of the Over-Allotment Option, Pala was not required to fund the additional US$4.5 million commitment. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. About Nevada Copper Nevada Copper (TSX: NCU) is the owner of the Pumpkin Hollow copper project located in Nevada, USA with substantial mineral reserves and resources including copper, gold and silver. Its two permitted projects include the higher-grade Underground Mine and processing facility, which is undergoing a restart of operations, and a large-scale open pit PFS stage project. Randy Buffington President & CEO For additional information, please see the Company’s website at [www.nevadacopper.com*](http://www.nevadacopper.com), or contact:* Tracey Thom Vice President, IR and Community Relations [[email protected]](mailto:[email protected]) +1 775 391 9029 Cautionary Language on Forward Looking Statements This news release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts are forward-looking statements. Such forward-looking statements and forward-looking information specifically include, but are not limited to, statements that relate to the achievement of the nameplate capacity of the production at the Underground Mine and the timing thereof, timing of HSR Clearance and the subsequent exercise by Pala of Common Share purchase warrants. There can be no assurance that ramp-up of the Underground Mine and the achievement of nameplate production capacity will occur or will not cost more than expected and require the Company to raise additional financing. There can be no assurance that any such additional financing will be available on terms that are favourable to the Company or at all. Forward-looking statements and information include statements regarding the expectations and beliefs of management. Often, but not always, forward-looking statements and forward-looking information can be identified by the use of words such as “plans”, “expects”, “potential”, “is expected”, “anticipated”, “is targeted”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements or information should not be read as guarantees of future performance and results. They are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and events to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such risks and uncertainties include, without limitation, those relating to: the ability of the Company to complete the restart and ramp-up of the Underground Mine within the expected cost estimates and timeframe; the impact of COVID-19 on the business and operations of the Company; the state of financial markets; history of losses; dilution; adverse events relating to milling operations, construction, development and restart and ramp-up, including the ability of the Company to address underground development and process plant issues; ground conditions; cost overruns relating to development, construction restart and ramp-up of the Underground Mine; loss of material properties; interest rate increases; global economy; limited history of production; future metals price fluctuations; speculative nature of exploration activities; periodic interruptions to exploration, development and mining activities; environmental hazards and liability; industrial accidents; failure of processing and mining equipment to perform as expected; labor disputes; supply problems; uncertainty of production and cost estimates; the interpretation of drill results and the estimation of mineral resources and reserves; changes in project parameters as plans continue to be refined; possible variations in ore reserves, grade of mineralization or recovery rates from management’s expectations and the difference may be material; legal and regulatory proceedings and community actions; accidents; title matters; regulatory approvals and restrictions; increased costs and physical risks relating to climate change, including extreme weather events, and new or revised regulations relating to climate change; permitting and licensing; dependence on management information systems and cyber security risks; volatility of the market price of the Company’s securities; insurance; competition; hedging activities; currency fluctuations; loss of key employees; other risks of the mining industry as well as those risks discussed in the Company’s Management’s Discussion and Analysis in respect of the year ended December 31, 2022 and in the section entitled “Risk Factors” in the Company’s Annual Information Form dated March 20, 2023. The forward-looking statements and information contained in this news release are based upon assumptions management believes to be reasonable, including, without limitation: no adverse developments in respect of the property or operations at the project; no material changes to applicable laws; the restart and ramp-up of operations at the Underground Mine in accordance with management’s plans and expectations; no material adverse impacts from COVID-19 going forward; the Company will be able to obtain sufficient additional funding to complete the restart and ramp-up of the Underground Mine, no material adverse change to the price of copper from current levels; and the absence of any other factors that could cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information and statements are stated as of the date hereof. The Company disclaims any intent or obligation to update forward-looking statements or information except as required by law. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking information and statements, there may be other factors that could cause actions, events or results not to be as anticipated, estimated or intended. Specific reference is made to “Risks and Uncertainties” in the Company’s Management’s Discussion and Analysis in respect of the year ended December 31, 2022 and “Risk Factors” in the Company’s Annual Information Form dated March 20, 2023, for a discussion of factors that may affect forward-looking statements and information. Should one or more of these risks or uncertainties materialize, should other risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results and events may vary materially from those described in forward-looking statements and information. For more information on the Company and the risks and challenges of its business, investors should review the Company’s filings that are available at www.sedar.com. The Company provides no assurance that forward-looking statements and information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information. https://preview.redd.it/ky46rwppa03b1.jpg?width=150&format=pjpg&auto=webp&s=31e51415d35c9c58f42db1b0806ce7e88e491cd3 https://preview.redd.it/pze44uqpa03b1.png?width=4000&format=png&auto=webp&s=4cefcb7fd07f35e3e5510548793018454ab78df6
|
2023.05.30 19:43 PritchettRobert506 [HIRING] 7 Jobs in Omaha Hiring Now!
2023.05.30 19:36 VDChess First job out of College
Hi Everyone, I recently graduated a state school in Pennsylvania with a Dual Finance and Economics degree. Within a week of graduation, I landed a full time job doing Collateral Asset Management for a smaller (250ish employees) IM in Philadelphia. This is my first real job out of college and learning everything I’m going to be doing has been a lot over the past few weeks. I want to be able to bring value to the company fast and I figured the best way to do that is learn everything I will be doing as soon as possible to take stress and workload off my new teammates. Any tips for learning a new role from scratch and the best ways to memorize the daily tasks and responsibilities? I am also curious on the next steps to better my credentials and move up from a somewhat entry level position. Thanks and I’ll try my best to answer questions in the comments
submitted by VDChess to FinancialCareers [link] [comments]
2023.05.30 19:30 aricakeylaa Exploring the Revolutionary Potential of Kodo Assets: Empowering the Future of Blockchain Representations
In the rapidly evolving world of blockchain and cryptocurrencies, Kodo Assets emerges as a groundbreaking project that harnesses the power of ERC-20 tokens to represent assets on the blockchain. By leveraging the widely adopted ERC token standard, Kodo Assets paves the way for a new era of digital representation and ownership. In this article, we will delve into the intricacies of Kodo Assets, exploring its potential and the impact it can have on various industries.
Unlocking the Power of ERC-20 Tokens:
At the core of Kodo Assets lies the ERC-20 token standard, a widely recognized and adopted protocol in the blockchain ecosystem. ERC tokens are digital assets that can represent various entities, such as real estate, intellectual property, artwork, or any other item of value. These tokens are programmable, fungible, and can be seamlessly transferred and traded on compatible platforms.
Kodo Assets and Digital Representation:
Kodo Assets takes the concept of ERC tokens to the next level by enabling the representation of tangible and intangible assets on the blockchain. Through the issuance and management of these tokens, Kodo Assets provides a secure and transparent method for individuals and organizations to digitally represent their assets, eliminating the need for intermediaries and enhancing trust.
Security and Transparency:
By utilizing the blockchain, Kodo Assets ensures the immutability and tamper-resistant nature of asset representation. The decentralized nature of the blockchain offers increased security, protecting asset data from unauthorized alterations. Additionally, the transparent nature of blockchain transactions enables participants to validate the authenticity and ownership of Kodo Assets.
Applications Across Industries:
The versatility of Kodo Assets opens up a world of possibilities across various industries. Let's explore some potential applications:
Real Estate: Kodo Assets can revolutionize the real estate industry by digitizing property ownership. Through tokenization, fractional ownership, and seamless transferability, individuals can easily invest in and trade real estate assets.
Intellectual Property: Artists, musicians, and creators can tokenize their intellectual property rights on the blockchain, granting them more control, transparency, and monetization opportunities.
Supply Chain: Kodo Assets can enhance supply chain management by representing physical goods as digital tokens. This enables easier tracking, provenance verification, and streamlined logistics.
Gaming and Collectibles: By tokenizing in-game assets and collectibles, Kodo Assets can empower gamers to truly own and trade their virtual possessions, creating a vibrant digital economy.
Kodo Assets represents a paradigm shift in how we perceive and interact with assets in the digital realm. Through the utilization of ERC-20 tokens and the power of the blockchain, Kodo Assets enables secure, transparent, and efficient digital representation of various assets. As the world continues to embrace blockchain technology, the potential applications of Kodo Assets across industries are limitless. The journey towards a future where digital representation becomes the norm has just begun, and Kodo Assets stands at the forefront of this revolutionary transformation.
submitted by aricakeylaa to u/aricakeylaa [link] [comments]
Unlocking the Power of ERC-20 Tokens:
At the core of Kodo Assets lies the ERC-20 token standard, a widely recognized and adopted protocol in the blockchain ecosystem. ERC tokens are digital assets that can represent various entities, such as real estate, intellectual property, artwork, or any other item of value. These tokens are programmable, fungible, and can be seamlessly transferred and traded on compatible platforms.
Kodo Assets and Digital Representation:
Kodo Assets takes the concept of ERC tokens to the next level by enabling the representation of tangible and intangible assets on the blockchain. Through the issuance and management of these tokens, Kodo Assets provides a secure and transparent method for individuals and organizations to digitally represent their assets, eliminating the need for intermediaries and enhancing trust.
Security and Transparency:
By utilizing the blockchain, Kodo Assets ensures the immutability and tamper-resistant nature of asset representation. The decentralized nature of the blockchain offers increased security, protecting asset data from unauthorized alterations. Additionally, the transparent nature of blockchain transactions enables participants to validate the authenticity and ownership of Kodo Assets.
Applications Across Industries:
The versatility of Kodo Assets opens up a world of possibilities across various industries. Let's explore some potential applications:
Real Estate: Kodo Assets can revolutionize the real estate industry by digitizing property ownership. Through tokenization, fractional ownership, and seamless transferability, individuals can easily invest in and trade real estate assets.
Intellectual Property: Artists, musicians, and creators can tokenize their intellectual property rights on the blockchain, granting them more control, transparency, and monetization opportunities.
Supply Chain: Kodo Assets can enhance supply chain management by representing physical goods as digital tokens. This enables easier tracking, provenance verification, and streamlined logistics.
Gaming and Collectibles: By tokenizing in-game assets and collectibles, Kodo Assets can empower gamers to truly own and trade their virtual possessions, creating a vibrant digital economy.
Kodo Assets represents a paradigm shift in how we perceive and interact with assets in the digital realm. Through the utilization of ERC-20 tokens and the power of the blockchain, Kodo Assets enables secure, transparent, and efficient digital representation of various assets. As the world continues to embrace blockchain technology, the potential applications of Kodo Assets across industries are limitless. The journey towards a future where digital representation becomes the norm has just begun, and Kodo Assets stands at the forefront of this revolutionary transformation.
2023.05.30 19:30 Dear-Tomatillo6380 Need advice
Background and context:
I had a mentor who was a boss of mine until a month or so ago. I asked how he could help me about two years ago get into and start building a portfolio of assets. We started an LLC together and here are the order of events so far since inception (July 2021):
1.) Started an entity
2.) Middle of 2022 found a deal to purchase two Salt Water Disposal Wells in Texas. Around the same time I put some capital down for an oil brokerage deal through him. You buy from some crude hauling company and sell to another and take the arbitrage. We're also working towards being an LP in a trucking company with $0 capital down. The way we're doing $0 down is basically helping the purchaser structure the deal, who isn't financially savvy but knows how to run and operate a company like this.
3.) He convinced me that we should form an operating company and operate the wells. I suggested that we just hire a third party operator since we aren't PE's but he insisted on this being the way since he's done this in the past. We did this through the RRC of Texas and had a P5 operating number to manage the wells. Through this we needed an operating agreement so we got that signed. When he signed it looks like he crossed out every sections header. I didn't notice because he was the second signature and the one who shared it with the bank.
4.) I invest in a brokerage deal with him where the capital was supposed to return in 4 months.
4.) After a month or so, I wanted to ensure we were properly documenting all of the documents across the business, crossing our t's and dotting our i's per se. I did this and found 6 wells I had never heard of under our operating entity. I brought this up with documentation to him, he profusely apologized because it was just supposed to be a placeholder.
5.) I accepted his apology and the workaround was to get me off of the LLC, co-own a "parent" entity which owns 50% of the "operating" entity. So this way I had no liability in the operating entity but financial upside in the deal. Again, acting as a 'mentor' this is what we came to a conclusion of. It seemed fair to both parties due to the mishap.
6.) Around the end of last year he was threatened by the company that sold us the wells that they would take back the wells along with up to 1mm of damages done to the mismanagement of the property. They sent and addressed this to him since he's on file as the sole operator of the entity that operates the wells. I saw the letter because it came to our shared mailbox. Their claim was we didn't transfer the pit permit of which I had no clue needed to be done, and of which he didn't know because he doesn't know as much as he leads on to. Had we just contract operated this deal none of this would be an issue, but he doesn't give credence to that fact, just carries on as if the company that's threatening to sue knows nothing and that it would all be fine.
7.) He "handles it" and meets with the team who threatened that and talked them off the ledge. Or so he tells me. This has been where we've left that hiccup since.
It's important to note at this point which was 2 months ago I'm thinking about how can I separate myself completely from this deal. I don't think I have risk the way it's structured but I don't really know for sure.
8.) As. all of this is coming to a head, the purchase of the trucking business is potentially happening. Somehow the loan to purchase the business is trying to get us to sign a personal guarantee, I decline, instead my "mentor", the guy who's going to own the majority of the trucking business sign a PG. They send me the docs after signing, but the way he signed was as the entity that we own through our parent org and him as the managing member, so our entity and really him personally have a recourse loan.
9.) When I'm looking at the loan after the fact, the thing is almost predatory. Pre-payment penalty is the full interest and principal of the loan plus the maximum allowable pre-payment penalty. Not to get into it but this was not the structure we needed based on what we were trying to do. I call them out but they already signed it.
10.) I quit my job. I don't want to work with the guy anymore. Reminder is that I worked with him at our a day jobs and this was just side income opportunities.
11.) As all of this is coming to a head it dawns on me that I just want out and don't know how to. Is the best way to just approach him in our meeting tomorrow and say I want a $0 buyout, he can have the assets (or in my opinion the liability) that he has taken on, and I just want off of the entities?
12.) As I'm strategizing the exit plan conversation with him, I'm having trouble getting him in person to talk through how I'd like to be out of the business.
Long story short I need to solve for 3 things:
1.) Understand my liability with this loan that I did not sign a PG for but the entity that we are listed as owners of did (with he as a managing member)
2.) Understand my liability with the two SWD assets that the group threatened to sue him / the operating entity on.
3.) What should I do to separate myself from this completely, and as quickly as possible
submitted by Dear-Tomatillo6380 to legal [link] [comments]
I had a mentor who was a boss of mine until a month or so ago. I asked how he could help me about two years ago get into and start building a portfolio of assets. We started an LLC together and here are the order of events so far since inception (July 2021):
1.) Started an entity
2.) Middle of 2022 found a deal to purchase two Salt Water Disposal Wells in Texas. Around the same time I put some capital down for an oil brokerage deal through him. You buy from some crude hauling company and sell to another and take the arbitrage. We're also working towards being an LP in a trucking company with $0 capital down. The way we're doing $0 down is basically helping the purchaser structure the deal, who isn't financially savvy but knows how to run and operate a company like this.
3.) He convinced me that we should form an operating company and operate the wells. I suggested that we just hire a third party operator since we aren't PE's but he insisted on this being the way since he's done this in the past. We did this through the RRC of Texas and had a P5 operating number to manage the wells. Through this we needed an operating agreement so we got that signed. When he signed it looks like he crossed out every sections header. I didn't notice because he was the second signature and the one who shared it with the bank.
4.) I invest in a brokerage deal with him where the capital was supposed to return in 4 months.
4.) After a month or so, I wanted to ensure we were properly documenting all of the documents across the business, crossing our t's and dotting our i's per se. I did this and found 6 wells I had never heard of under our operating entity. I brought this up with documentation to him, he profusely apologized because it was just supposed to be a placeholder.
5.) I accepted his apology and the workaround was to get me off of the LLC, co-own a "parent" entity which owns 50% of the "operating" entity. So this way I had no liability in the operating entity but financial upside in the deal. Again, acting as a 'mentor' this is what we came to a conclusion of. It seemed fair to both parties due to the mishap.
6.) Around the end of last year he was threatened by the company that sold us the wells that they would take back the wells along with up to 1mm of damages done to the mismanagement of the property. They sent and addressed this to him since he's on file as the sole operator of the entity that operates the wells. I saw the letter because it came to our shared mailbox. Their claim was we didn't transfer the pit permit of which I had no clue needed to be done, and of which he didn't know because he doesn't know as much as he leads on to. Had we just contract operated this deal none of this would be an issue, but he doesn't give credence to that fact, just carries on as if the company that's threatening to sue knows nothing and that it would all be fine.
7.) He "handles it" and meets with the team who threatened that and talked them off the ledge. Or so he tells me. This has been where we've left that hiccup since.
It's important to note at this point which was 2 months ago I'm thinking about how can I separate myself completely from this deal. I don't think I have risk the way it's structured but I don't really know for sure.
8.) As. all of this is coming to a head, the purchase of the trucking business is potentially happening. Somehow the loan to purchase the business is trying to get us to sign a personal guarantee, I decline, instead my "mentor", the guy who's going to own the majority of the trucking business sign a PG. They send me the docs after signing, but the way he signed was as the entity that we own through our parent org and him as the managing member, so our entity and really him personally have a recourse loan.
9.) When I'm looking at the loan after the fact, the thing is almost predatory. Pre-payment penalty is the full interest and principal of the loan plus the maximum allowable pre-payment penalty. Not to get into it but this was not the structure we needed based on what we were trying to do. I call them out but they already signed it.
10.) I quit my job. I don't want to work with the guy anymore. Reminder is that I worked with him at our a day jobs and this was just side income opportunities.
11.) As all of this is coming to a head it dawns on me that I just want out and don't know how to. Is the best way to just approach him in our meeting tomorrow and say I want a $0 buyout, he can have the assets (or in my opinion the liability) that he has taken on, and I just want off of the entities?
12.) As I'm strategizing the exit plan conversation with him, I'm having trouble getting him in person to talk through how I'd like to be out of the business.
Long story short I need to solve for 3 things:
1.) Understand my liability with this loan that I did not sign a PG for but the entity that we are listed as owners of did (with he as a managing member)
2.) Understand my liability with the two SWD assets that the group threatened to sue him / the operating entity on.
3.) What should I do to separate myself from this completely, and as quickly as possible
2023.05.30 19:27 LowOrganization4053 Anyone have experience with getting exposure in private companies via asset management companies?
Hey lads! I’m sure everyone by now is pretty aware of the AI and robotics space as it’s literally all over the place right now. People like Elon Musk have been talking about it a lot recently and Tesla also just put out their newest iteration of their bots on LinkedIn which was pretty cool to see. I’ve always been amazed at how robots are able to do tasks in the same capacity we do so seeing it come to fruition is pretty insane to me.
I always do my best to keep up with news in the space to see if there’s any cool advancements or new jobs that these robots are taking on. That being said I saw today that “United Drug” who is one of Ireland’s largest pharmaceutical distributors has just brought in a whole squad of autonomous robots..and when I say squad I mean 21 robots lmao. That’s almost enough for a soccer match lol. The company partnered with LocusBots to make this happen which I found pretty cool because I had heard about them working with DHL and UPS before. Apparently these robots are able to navigate autonomously through the warehouse and assist the human staff (thought I’d add the human part on just incase lol) with handling orders. It’s suppose to increase overall productivity of the warehouse, which I feel like is going to be the case when you add in robotics in any capacity to somewhere. I wonder if robots are eventually going to eliminate a whole bunch of jobs in the near future.. What yall think? I feel like i can easily see robots operating a warehouse.
After reading through the article I wanted to check out LocusBots a bunch more and invest in them. Cause if they are making big splashes like this in major companies around the world I want to be in on them. It was annoying to find out that they’re a private company lol
I did however come across Stack Capital while doing my search into investing into Locus. From what I gathered Stack Capital invests in equity, debt, and/or other securities of growth-to-late-stage private businesses. I seen that in their portfolio they had already invested $8m into LocusBots back in 2022 so this could potentially be a good way to indirectly invest in them right? From the looks of it they have a pretty solid management team with a whole bunch of experience so I’m not super worried about their judgement when it comes to portfolio management.
Does anyone have experience with getting exposure in private companies this way? I’ve personally never done it so I’m not 100% sure on it. I really love the look of Locus so I would really love to get some insight into companies like Stack and if they’re a good shout or not.
submitted by LowOrganization4053 to StockMarket [link] [comments]
I always do my best to keep up with news in the space to see if there’s any cool advancements or new jobs that these robots are taking on. That being said I saw today that “United Drug” who is one of Ireland’s largest pharmaceutical distributors has just brought in a whole squad of autonomous robots..and when I say squad I mean 21 robots lmao. That’s almost enough for a soccer match lol. The company partnered with LocusBots to make this happen which I found pretty cool because I had heard about them working with DHL and UPS before. Apparently these robots are able to navigate autonomously through the warehouse and assist the human staff (thought I’d add the human part on just incase lol) with handling orders. It’s suppose to increase overall productivity of the warehouse, which I feel like is going to be the case when you add in robotics in any capacity to somewhere. I wonder if robots are eventually going to eliminate a whole bunch of jobs in the near future.. What yall think? I feel like i can easily see robots operating a warehouse.
After reading through the article I wanted to check out LocusBots a bunch more and invest in them. Cause if they are making big splashes like this in major companies around the world I want to be in on them. It was annoying to find out that they’re a private company lol
I did however come across Stack Capital while doing my search into investing into Locus. From what I gathered Stack Capital invests in equity, debt, and/or other securities of growth-to-late-stage private businesses. I seen that in their portfolio they had already invested $8m into LocusBots back in 2022 so this could potentially be a good way to indirectly invest in them right? From the looks of it they have a pretty solid management team with a whole bunch of experience so I’m not super worried about their judgement when it comes to portfolio management.
Does anyone have experience with getting exposure in private companies this way? I’ve personally never done it so I’m not 100% sure on it. I really love the look of Locus so I would really love to get some insight into companies like Stack and if they’re a good shout or not.
2023.05.30 19:14 Xethernety Kraken Robotics Reports Q1 2023 Financial Results with 38% Year-over-Year Revenue Growth
PNG.VN (ASK @ 0.55)
Management Reiterates F2023 Guidance of $66-78 Million in Revenue
Q1 is seasonally our slowest quarter, and we expect to see accelerating results throughout the year driven by defense contracts in hand and normal ramping of activity in our services business focused on offshore wind.”
Q1 2023 Financial Highlights
Product Business
Kraken Robotics reiterates its financial guidance provided on May 1, 2023.
For fiscal 2023, we expect revenue to be in the $66 - $78 million range and adjusted EBITDA in the $12 - $17 million range.
The mid-point of our guidance range ($72 million in revenue and $14.5 million in EBITDA) implies revenue growth of 76% over 2022 and adjusted EBITDA growth of 275%.
Capex in 2023 is expected to be $5-$6 million.
Adjusted EBITDA and Adjusted EBITDA Margin
The Company believes that, in addition to conventional measures prepared in accordance with IFRS, Adjusted EBITDA is useful to securities analysts, investors and other interested parties in evaluating operating performance by presenting the results of the Company on a basis which excludes the impact of certain non-operational items which enables the primary readers of the MD&A to evaluate the results of the Company such that it was operating without certain non-cash and non-recurring items.
Adjusted EBITDA is calculated as earnings before interest expense, interest income, income taxes, depreciation and amortization, stock-based compensation expense and non-recurring impact transactions, if any. Adjusted EBITDA Margin is defined at Adjusted EBITDA divided by Total Revenue.
submitted by Xethernety to Penny_Stocks_Canada [link] [comments]
Management Reiterates F2023 Guidance of $66-78 Million in Revenue
- and $12-17 Million in Adjusted EBITDA
- ended March 31, 2023 (“Q1 2023”).
- said President and CEO Greg Reid.
Q1 is seasonally our slowest quarter, and we expect to see accelerating results throughout the year driven by defense contracts in hand and normal ramping of activity in our services business focused on offshore wind.”
Q1 2023 Financial Highlights
- Total revenue was $7.6 million versus $5.5 million for the quarter ending March 31, 2022 (“Q1 2022”), a 38% increase.
- Products revenue was $5.3 million compared to $3.7 million in Q1 2022, a 43% increase, which was driven by a record number of synthetic aperture sonar (SAS) being delivered, work on our large subsea battery order received in Q4 2022 as well as production of a KATFISH™ high-speed towed synthetic aperture sonar (SAS) system.
- Services revenue increased 26% to $2.3 million over Q1 2022, driven by completion of a Robotics-as-a-Service (RaaS) contract utilizing our KATFISH system.
- Gross margins in Q1 2023 were 59.4% as compared to 32.9% in Q1 2022 and increased due to a change in product and project mix.
- Adjusted EBITDA1 for the quarter was $0.9 million compared to an Adjusted EBITDA loss of $0.4 million in the comparable quarter. The impact was due to higher revenue and improved gross margins.
- Net loss in the quarter was $1.3 million, compared to net loss of $2.6 million in Q1 2022.
- Cash balance at March 31, 2023 was $4.0 million. Subsequent to the quarter, payments on large projects totalling over $8.0 million were received.
- Total assets were $65.2 million at March 31, 2023, compared to $63.9 million at March 31, 2022.
- At March 31, 2023, Kraken had $13.8 million in previously awarded non-repayable funding to draw upon from government agencies and project partners for research and development. Of this, $2.2 million of cash has been received for contracts to be completed.
Product Business
- During the quarter, Kraken announced $2.8 million in SAS purchase orders from defence customers. These systems will be integrated to Autonomous Underwater Vehicles (AUVs) for use in minehunting and security applications.
- January 10, 2023: Appointed David Shea to Chief Technology Officer.
- Q1 is seasonally the slowest quarter for our Services business given offshore weather conditions in our main operating geographies.
- During Q1, Kraken completed a 200-kilometer KATFISH seabed survey in coastal waters of a large Asia Pacific country.
- During Q1, Kraken completed several smaller sub-seabed services jobs (cable depth of burial and boulder detection) for offshore wind projects.
- May 15, 2023: $1.1 million of SAS orders.
- May 9, 2023: $16 million order for subsea batteries.
- April 20, 2023: $3 million order for subsea power systems.
- April 18, 2023: $4 million order from a NATO navy.
Kraken Robotics reiterates its financial guidance provided on May 1, 2023.
For fiscal 2023, we expect revenue to be in the $66 - $78 million range and adjusted EBITDA in the $12 - $17 million range.
The mid-point of our guidance range ($72 million in revenue and $14.5 million in EBITDA) implies revenue growth of 76% over 2022 and adjusted EBITDA growth of 275%.
Capex in 2023 is expected to be $5-$6 million.
Adjusted EBITDA and Adjusted EBITDA Margin
The Company believes that, in addition to conventional measures prepared in accordance with IFRS, Adjusted EBITDA is useful to securities analysts, investors and other interested parties in evaluating operating performance by presenting the results of the Company on a basis which excludes the impact of certain non-operational items which enables the primary readers of the MD&A to evaluate the results of the Company such that it was operating without certain non-cash and non-recurring items.
Adjusted EBITDA is calculated as earnings before interest expense, interest income, income taxes, depreciation and amortization, stock-based compensation expense and non-recurring impact transactions, if any. Adjusted EBITDA Margin is defined at Adjusted EBITDA divided by Total Revenue.