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Release – Gray Names Lorri Mcclain To Its Board Of Directors

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Gray Names Lorri Mcclain To Its Board Of Directors

Research, News, and Market Data on Gray Television

 

 

ATLANTA, Feb. 28, 2022 (GLOBE NEWSWIRE) — Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) today announced that its Board of Directors unanimously voted to expand the Board by one seat and elected Lorri McClain as an independent Director to fill that position, effective March 1, 2022. Like all Directors, Ms. McClain’s term will run through our next Annual Meeting.


Lorri McClain

Ms. McClain is currently the President of Reicon Management, Inc., a family investment office, and Chair of the Board of Directors of Anverse Inc., a charitable foundation. She is also a member of the Board of Directors of NSORO, a non-profit organization serving children aging out of foster care.

Ms. McClain previously served as the President and Chief Operating Officer of Prestige Communications, Inc. prior to its sale in 2000 to one of the largest telecommunications companies in the US at the time. Prestige was a privately owned, Georgia-based cable operator with 175,000 subscribers in Georgia, Virginia, North Carolina and Maryland.

She has long been active in non-profit charitable organizations and philanthropic activities. Ms. McClain is a past Chair of the Board of Directors of the Georgia Center for Children and a previous member of the Board of Atlanta’s High Museum of Art, as well as numerous other civic and educational organizations. Ms. McClain is a past President of the Atlanta Chapter of Women in Cable & Telecommunications. She holds a B.S. in Management from Georgia State University and a B.A. in Psychology from the University of the South.

Gray’s Executive Chairman and CEO Hilton H. Howell, Jr., said “We are excited to welcome Lorri to Gray’s Board. She brings a different perspective from business and community involvement that will allow her to make valuable contributions to our Board. After considering a number of well qualified candidates, it is clear that our Nominating and Corporate Governance Committee made an excellent decision, and we look forward to working with her.”

Ms. McClain added “I am thrilled to join Gray’s Board of Directors, which has, through both well managed existing holdings and smart acquisitions, created the ability to broadcast such excellent content to one-third of the households in the United States through its local television stations. I believe this company is exciting and truly visionary in the operations of its broadcast businesses as well as its other innovative media holdings. I am thrilled to be a part of this team.”

About Gray:

Gray Television, Inc. is a multimedia company headquartered in Atlanta, Georgia. We are the nation’s largest owner of top-rated local television stations and digital assets in the United States that serve 113 television markets reaching approximately 36 percent of US television households. This portfolio includes 80 markets with the top-rated television station and 100 markets with the first and/or second highest rated television station. We also own video program companies Raycom Sports, Tupelo Honey, and PowerNation Studios, as well as Third Rail Studios.

Release – Voyager Digital Announces Participation In March Investor Events

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Voyager Digital Announces Participation In March Investor Events

Research, News, and Market Data on Voyager Digital

 

NEW YORK, March 1, 2022 /CNW/ – Voyager Digital Ltd. (“Voyager” or the “Company”) (TSX: VOYG) (OTCQX: VYGVF) (FRA: UCD2) today announced the Company’s participation in the following investor events in March 2022:

March 3rd – KBW Fintech Payments Conference
March 7th – JMP Technology Conference
March 10th – Wolfe FinTech Forum
March 24th – Ladenburg Thalmann Special Crypto Expo 2022
March 28th – Bank of America Virtual Crypto Mining Conference

For more information about investor events that Voyager will be participating in, please visit www.investvoyager.com/investorrelations/events.

About Voyager Digital Ltd.
Publicly traded Voyager Digital Ltd.’s (TSX: VOYG) (OTCQX: VYGVF) (FRA: UCD2) US subsidiary, Voyager Digital, LLC, is a fast-growing, cryptocurrency platform in the United States founded in 2018 to bring choice, transparency, and cost efficiency to the marketplace. Voyager offers a secure way to trade over 85 different cryptocurrency assets using its easy-to-use mobile application and earn rewards up to 12% annually on more than 35 cryptocurrencies. Through its subsidiary Coinify ApS, Voyager provides cryptocurrency payment solutions for both consumers and merchants around the globe. To learn more about the company, please visit https://www.investvoyager.com.

The TSX has not approved or disapproved of the information contained herein.

Press Contacts

Voyager Digital, Ltd.
Michael Legg
Chief Communications Officer
(212) 547-8807
mlegg@investvoyager.com

Voyager Public Relations Team
pr@investvoyager.com

SOURCE Voyager Digital (Canada) Ltd.

Release – FenixOro Provides Commentary on Colombian Amendment to Second Law

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FenixOro Provides Commentary on Colombian Amendment to Second Law

Research, News, and Market Data on FenixOro Gold

 

TORONTO, March 01, 2022 (GLOBE NEWSWIRE) — FenixOro Gold Corp. (CSE: FENX; OTCQB: FDVXF; Frankfurt: 8FD) is pleased to provide commentary on recent changes to Colombian law. The Ministry of Environment and Sustainable Development has passed a resolution that amends Ley Segunda (Law 2) of 1959 and effectively removes the requirement for a lengthy change-of-land-use application process. While the changes do not affect FenixOro directly in the short term, the company fully supports these changes and believes they will have a positive impact on responsible mining development while continuing to encourage sound environmental practices in the country.

Paul Harris, Director of the Colombia Gold Symposium in Medellin and ColombiaGold.co, commented: “This development is positive and something that exploration companies in Colombia, and other sectors such as infrastructure, have awaited for many years. It will facilitate the discovery and definition of new deposits of copper and gold in areas where hitherto explorers were unable to drill. Importantly, it does not reduce or otherwise circumvent the environmental permitting requirements to develop a project. Colombia has some of the most exacting environmental standards in the hemisphere, and this ensures that future project developments still have to be made according to international best practice.”

FenixOro CEO John Carlesso stated: “We have always received tremendous support for the Abriaqui gold project from all levels of government in Colombia, and we believe the amendment to Law 2 is a reflection of the commitment to foster economic growth through responsible and environmentally sound mineral resource development. Together with the major infrastructure improvement program currently underway throughout the country, which includes significant upgrades to highways and bridges on the route between Medellin and the Abriaqui project, this signals a willingness on the part of the government to make the permitting process more streamlined and transparent. We believe that in the eyes of investors and major mining companies, Colombia will continue to be seen as a stable jurisdiction for investment for many years to come.”

The Company also announces that it has granted stock options to acquire a total of 3,000,000 common shares of the Company to certain Officers, Directors and Consultants of the Company. The options are exercisable at a price of $0.26 per share and expire five years from the date of grant.

About FenixOro Gold Corp.
FenixOro Gold Corp is a Canadian company focused on acquiring and exploring gold projects with world class exploration potential in the most prolific gold producing regions of Colombia. FenixOro’s flagship property, the Abriaqui project, is the closest project to Continental Gold’s Buritica project. It is located 15 km to the west in Antioquia State at the northern end of the Mid-Cauca gold belt, a geological trend which has seen multiple large gold discoveries in the past 10 years including Buritica and Anglo Gold’s Nuevo Chaquiro and La Colosa. As documented in “NI 43-101 Technical Report on the Abriaqui project Antioquia State, Colombia” (December 5, 2019), the geological characteristics of Abriaqui and Buritica are similar. Since the preparation of this report a Phase 1 drilling program has been completed at Abriaqui resulting in a significant discovery of a high grade, “Buritica style” gold deposit. A Phase 2 drilling program has recently commenced.

FenixOro’s VP of Exploration, Stuart Moller, led the discovery team at Buritica for Continental Gold in 2007-2011. At the time of its latest public report, the Buritica Mine contains measured plus indicated resources of 5.32 million ounces of gold (16.02 Mt grading 10.32 g/t) plus a 6.02 million ounce inferred resource (21.87 Mt grading 8.56 g/t) for a total of 11.34 million ounces of gold resources Buritica began formal production in November 2020 and has expected annual average production of 250,000 ounces at an all-in sustaining cost of approximately US$600 per ounce. Resources, cost and production data are taken from Continental Gold’s “NI 43-101 Buritica Mineral Resource 2019-01, Antioquia, Colombia, 18 March, 2019”). Continental Gold was recently the subject of a takeover by Zijin Mining in an all-cash transaction valued at C$1.4 billion.

Cautionary Statement on Forward-Looking Information
This news release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of FenixOro’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “will”, “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein include, but are not limited to information concerning the closing of the Private Placement, and Abriaqui. Although FenixOro believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. In particular, there is no guarantee that Abriaqui will produce viable quantities of minerals, that the Company will pursue Abriaqui or that any mineral deposits will be found, or that the Private Placement will close. The forward-looking information and forward-looking statements contained in this news release are made as of the date of this press release, and FenixOro does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.

Neither the Canadian Securities Exchange nor its Market Regulator (as defined in the policies of the Canadian Securities Exchange) accept responsibility for the adequacy or accuracy of this release.

FenixOro Gold Corp
John Carlesso, CEO
Email: info@FenixOro.com
Website: www.FenixOro.com>
Telephone: 1-833-ORO-GOLD

Indonesia Energy Corp (INDO) – Price Target Raised On Higher Oil Price Estimates

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Tuesday, March 01, 2022

Indonesia Energy Corp (INDO)
Price Target Raised On Higher Oil Price Estimates

Indonesia Energy Corp Ltd is an oil and gas exploration and production company focused on Indonesia. It holds two oil and gas assets through its subsidiaries in Indonesia: one producing block (the Kruh Block) and one exploration block (the Citarum Block). The Kruh Block is located to the northwest of Pendopo, Pali, South Sumatra. The Citarum Block is located to the south of Jakarta.

Michael Heim, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    We are raising our twelve-month price target on the shares of INDO. The shares have been extremely strong as of late rising more than 600% since the beginning of the year. The increase comes after a private placement of convertible debt in January that may have removed a financing overhang on the stock. However, there have been only limited operational developments. The stock has a history of being very volatile due to its small trading volumes and we have downgraded the stock in the past when it crossed our price objective. The recent strength has forced us to relook at our rating and price target, an action we had planned to take next month after the company reported financial results.

    Our price objective increase comes due to higher oil price assumptions.  Oil prices continue to soar rising from the mid sixties at the beginning of the year to a current level in the mid nineties. In response, we are raising our 2022 WTI oil price estimate, our 2023 estimate and our 2024 estimate. More importantly, we are raising our long-term oil …



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Aurania Resources (AUIAF)(ARU:CA) – Refocused Strategy Enhances Likelihood of Successful Outcomes; Rating Upgraded

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Tuesday, March 01, 2022

Aurania Resources (AUIAF)(ARU:CA)
Refocused Strategy Enhances Likelihood of Successful Outcomes; Rating Upgraded

As of April 24, 2020, Noble Capital Markets research on Aurania Resources is published under ticker symbols (AUIAF and ARU:CA). The price target is in USD and based on ticker symbol AUIAF. Research reports dated prior to April 24, 2020 may not follow these guidelines and could account for a variance in the price target.

Aurania Resources Ltd. is a Canada-based junior mining exploration company engaged in the identification, evaluation, acquisition, and exploration of mineral property interests, with a focus on precious metals and copper. Its flagship asset, The Lost Cities-Cutucu Project, is in southeastern Ecuador in the Province of Morona-Santiago. The company also has several minor projects in Switzerland.

Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    Narrowed focus on epithermal gold and porphyry copper targets. Exploration to date has identified numerous targets on the company’s Lost Cities project in Ecuador, including 1) epithermal gold, 2) porphyry copper, 3) sediment-hosted copper-silver and 4) carbonate replacement silver-zinc. Following an internal review, Aurania’s board approved a strategy focused on core mineral concessions that contain epithermal gold and porphyry copper targets that offer the highest risk-adjusted reward potential. Aurania will explore joint ventures and partnerships to advance non-core mineral concessions that encompass sediment-hosted copper-silver and silver-zinc.

    Equity financing.  Aurania intends to raise up to C$1.5 million through a private placement of up to 2,142,857 units at a price of C$0.70 per unit. Aurania’s Chairman and CEO, Dr. Keith Barron, has committed C$400,000 to the offering. Each unit will consist of one common share and one share purchase warrant which may be exercised to purchase one common share at a price of C$1.25 for a period of …



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Release – Entravision Schedules Fourth Quarter and Full Year 2021 Earnings Release and Conference Call

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Entravision Schedules Fourth Quarter and Full Year 2021 Earnings Release and Conference Call

Research, News, and Market Data on Entravision

 

SANTA MONICA, Calif.–(BUSINESS WIRE)– Entravision (NYSE: EVC), a leading global advertising, media and ad-tech solutions company connecting brands to consumers by representing top platforms and publishers, announced that it will release its fourth quarter and full year 2021 financial results after market close on Thursday, March 3, 2022. The Company will host a conference call that day at 4:30 p.m. Eastern Time to discuss the fourth quarter and full year 2021 results.

To access the conference call, please dial (877) 407-9716 (U.S.) or (201) 493-6779 (International) ten minutes prior to the start time. The call will also be available via live webcast on the investor relations portion of the Company’s website located at www.entravision.com.

If you cannot listen to the conference call at its scheduled time, there will be a replay available through Thursday, March 17, 2022 which can be accessed by dialing (844) 512-2921 (U.S.) or (412) 317-6671 (International) and entering the passcode 13726389. The webcast will also be archived on the Company’s website.

About Entravision

Entravision is a leading global advertising, media and ad-tech solutions company connecting brands to consumers by representing top platforms and publishers. Our dynamic portfolio of services includes digital, television and radio offerings. Digital, our largest revenue segment, is comprised of five core businesses: Entravision Digital, Smadex, Cisneros Interactive, MediaDonuts, and 365 Digital. Entravision Digital provides branding and performance digital solutions to clients and small- and mid-size businesses throughout the world. Smadex provides cutting-edge mobile programmatic solutions and demand-side platforms which enable advertisers to effectively execute performance campaigns using machine-learned bidding algorithms. Cisneros Interactive provides unique digital marketing solutions representing major global publishers and ad-tech platforms in Latin America, while also managing the leading digital audio network and solutions player Audio.Ad. MediaDonuts provides digital marketing performance and branding services in the Southeast Asia region and maintains unique commercial partnerships with some of the world’s leading digital publishers and social media platforms. 365 Digital is a digital advertising solutions provider that offers exclusive sales representations with major global platforms in South Africa. Beyond digital, Entravision has 50 television stations and is the largest affiliate group of the Univision and UniMás television networks. Entravision also manages 46 primarily Spanish-language radio stations that feature nationally recognized, Emmy award-winning talent. Shares of Entravision Class A Common Stock trade on the NYSE under ticker: EVC. Learn more about all of our marketing, media, and technology offerings at entravision.com or connect with us on LinkedIn and Facebook.

Christopher T. Young
Chief Financial Officer
Entravision
310-447-3870

Kimberly Esterkin
ADDO Investor Relations
310-829-5400
evc@addo.com

Source: Entravision

The U.S. Gets Its First State of the Union in Two Years Much Has Changed

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  Image: US Dept. of State (Photo Archive)


Biden’s First State of the Union and Possible Impact on Markets

 

President Joe Biden has never given a State of the Union address. He’s heard countless SOTUs, and on Wednesday, April 28, 2021, the eve of his 100th day in office, he did speak before a joint session of Congress. But, this is the first official SOTU and accounting of the country’s state of affairs since February 4, 2020.

A lot has changed, including the President that is giving the address. Some of the market and sector-moving expectations from his Build Back Better initiatives seem to be facing a great deal of pushback recently, many seem to have taken a backseat to other events at home and abroad. Will tonight’s speech revive the focus and elevate the industries most likely to benefit?

Big Changes

Since the last State of the Union, the fear of deflation has reversed, the current state is the U.S. is experiencing its worst inflation in 40 years, with the risk of prolonged price increases now the focus of economists and market participants. 

Inflation isn’t the only thing that has changed. On February 4, 2020, when the last SOTU was given, the novel coronavirus was so “novel” that it was not yet named. It was later in February The World Health Organization (WHO), named the disease Covid19. A few weeks earlier, the U.S. had seen its first case, but it was not yet impacting life in the States.

Energy

There have been trillions approved to be spent on revamping how the U.S. is fueled. These energy initiatives include increased and eventual total reliance on non-fossil fuel forms of energy. Since early 2021, systems have been organized to help develop what is to be the Build Back Better energy initiatives. These plans contrast sharply with two years ago and are now more in-line with initiatives of other developed nations. Now in the early stages, it has left the U.S. vulnerable to shortages during the transition to cleaner fuels. So vulnerable that last year it became necessary for President Biden to ask OPEC+ to pump more oil to fulfill the needs of the U.S. 

At the 2020 SOTU, the U.S. was considered “energy independent” and was a net exporter of petroleum. Change to new technologies has its hiccups, but the current state of the U.S. is that we consume more oil than we produce and we’re reliant on other nations. If in his address he believably reassures commitment to alternative fuels and needed infrastructure spending, clean energy market sectors that have been beaten up this year may move in the direction of previous highs. If his economic plan is instead redefined to play down a green focus, further weakness in the alternative fuels sector could follow.

Pandemic

While the last address did not cover Covid19, as it was not a named disease at the time, this address will provide an opportunity for the country to hear an official White House position on whether it expects the steps taken related to the pandemic are expected to be short-lived. These expectations may contribute to how the market opens on Wednesday and behaves.

Russia/Ukraine

The invasion of Ukraine by Russia is on everyone’s minds. The President will have to address this as well as the risks China relations may present. If his talk is too hawkish, this may rattle markets that involve energy. If too weak, investors may lose confidence in his leadership.

Inflation

In a fact sheet provided on February 28th from the White House, it appears that inflation will get a lot of focus in the address. The speech is likely to talk about manufacturing and making more things in America. Also, moving goods around the country more efficiently and developing a stronger supply chain appears to have been added to his economic plan for the U.S. There could even be talk of reducing the deficit and how working family expenses can be lowered. Also likely to be spoken about is promoting competition to help lower prices to help consumers and stave off some inflation. These are things most American consumers listening at home want to hear.

For investors, getting a sense that inflation will not be persistent, that supply chains are not permanently gunking up the economy, and that money will continue to flow out of Washington in a way that builds or rebuilds infrastructure and provides growth capital to infant industries would set a more bullish tone. It’s a tall order, and worth hoping for.

Biden is scheduled to speak at 9 p.m. Eastern.

 

Paul Hoffman

Managing Editor, Channelchek

 

Suggested Reading



Cryptocurrencies with the Help of DAOs Provide a Means to Support Ukraine’s Efforts

Pros and Cons of a Company Like Berkshire Hathaway in your Portfolio





Is GDP Growth Transitory and Inflation Persistent?

Why 2022 Investing Will Need to be Different

 

Sources

https://www.whitehouse.gov/briefing-room/statements-releases/2022/02/28/fact-sheet-background-on-president-bidens-remarks-on-the-economy-during-his-first-state-of-the-union-address/

https://www.bls.gov/opub/mlr/2021/beyond-bls/consumer-inflation-during-the-covid-19-pandemic.htm

https://www.wsj.com/articles/some-democrats-push-biden-to-embrace-normalcy-as-covid-19-cases-ease-11644667202

 

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Russia Ukraine War and Reliance on Crypto and Blockchain

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Cryptocurrencies with the Help of DAOs Provide a Means to Support Ukraine’s Efforts

 

More than $22 million worth of cryptocurrencies has been sent in support of the Ukrainian war effort.

Bitcoin, ether, doge, and newly added polkadot, among other digital assets, have become more than an interesting side story to the war – the benefits and drawbacks of crypto are now being tested in a new environment and on the global stage.

Through the use of a blockchain decentralized autonomous organization (DAO), digital wallets believed to be controlled by the country’s authorities are building a literal war chest of crypto to fund the country’s defense. At the same time, the U.S. may be contemplating crypto sanctions against Russia. The DAO serves as a crypto repository and currently serves exclusively for the benefit of Ukraine.

What is a DAO?

A DAO exists on the blockchain for a specific purpose decided by its members. The members own the organization, and all decisions are made by the collective owners as to the purpose and use of the entity. There are various ways to participate in a DAO, usually through the ownership of a token. For example, crypto could be placed in the collective via the purchase of an NFT that demonstrates one is part of the collective.

DAOs operate using smart
contracts. This is code that automatically executes whenever a set of criteria are met. Smart contracts are now available on many blockchains after first being pioneered by Ethereum. The smart contracts establish the DAO’s rules. Those with a stake in a DAO then get voting rights and are influencers to how the organization operates by deciding on or creating new purposes.

DAOs are autonomous and transparent. Since they’re built on open-source blockchains, anyone can view their code. And as a level of safety, anyone can also audit their built-in treasury since the blockchain records all transactions.

 

Crypto on the Frontline

Twitter has become very powerful in helping to shape world events and provide mass communication where there might otherwise not be a means. So, it shouldn’t be a surprise that Ukraine’s official Twitter account has been sharing its digital wallet addresses so those interested would know how to send financial aid. In total, Ukraine’s government and other organizations have surpassed $22 million through more than 23,000 crypto donations since the start of the Russian invasion.

The funds are reportedly being used for uniforms, food, and artillery.

The U.S. is said to be weighing limits on Russia’s access to bitcoin and other cryptocurrencies as part of its next wave of sanctions, according to the Wall Street Journal. The possible crypto sanctions would likely target exchanges that violate bans against transacting with blacklisted Russian banks and potentially limit Russia’s ability to seek refuge in digital assets. Targeting the country’s access to these digital assets would take sanctions and crypto into uncharted territory. Actually blocking transactions would be challenging, since, by its nature, private digital currencies are designed to exist without borders and for the most part, outside the government-regulated financial system.

More traditional sanctions against Russia are said to be disrupting an already disrupted Russian economy and currency. Bitcoin trading volumes using the ruble and Ukraine’s hryvnia have surged to their highest level in months. This suggests bitcoin could be more attractive in those markets. Crypto exchanges are also being pulled into the conflict, with Ukraine asking them to block Russian customers’ accounts.

 

Crypto Market

While benefits of digital currency are being showcased with the Russia/Ukraine war, currencies like bitcoin haven’t derived much price benefit. At current exchange rates, bitcoin has approximately $180 billion less in value compared to the beginning of the tensions. The longer-term impact has yet to be seen. Successful sanctions that may include crypto exchanges could hurt the long-term purpose of cryptocurrency. However, the ease at which banks and central banks are avoided while individuals and corporations transmit currency during times of crisis may highlight how critical it can be to financial safety.

Take-Away

Cryptocurrency is being donated to Ukraine to help their defense. The primary donation method has been through a blockchain-based DAO. A transfer of donated assets may not be as efficient or as certain to reach its intended recipient by any other method. Ukraine has been grateful and sends updates through its Twitter account.

 Paul Hoffman

Managing Editor, Channelchek

Suggested Reading



Blockchain Smart Contract Applications

What are Dapps?





Decentralized Finance, is it the Future?

Five Essential Commodities that Will be Hit by the War in Ukraine

 

Source

https://fortune.com/2022/02/28/ukraine-crypto-donations-tweet-bitcoin-ethereum-usdt-russia-invasion/.

https://www.comebackalive.in.ua/

https://sports.yahoo.com/sanctions-bitcoin-donations-heres-crypto-184258610.html

https://www.wsj.com/articles/russian-bitcoin-and-other-cryptocurrencies-could-be-part-of-future-sanctions-11645902740

https://finance.yahoo.com/quote/BTC-USD/

 

Stay up to date. Follow us:

 

Release – Lineage Cell Therapeutics To Report Fourth Quarter And Full Year 2021 Financial Results

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Lineage Cell Therapeutics To Report Fourth Quarter And Full Year 2021 Financial Results And Provide Business Update On March 10, 2022

Research, News, and Market Data on Lineage Cell Therapeutics

 

CARLSBAD, Calif.–(BUSINESS WIRE)–Mar. 1, 2022– 

Lineage Cell Therapeutics, Inc.
 (NYSE American and TASE: LCTX), a clinical-stage biotechnology company developing allogeneic cell therapies for unmet medical needs, today announced that it will report its fourth quarter and full year 2021 financial and operating results on 
Thursday, March 10, 2022, following the close of the 
U.S. financial markets. Lineage management will also host a conference call and webcast on 
Thursday, March 10, 2022, at 
4:30 p.m. Eastern Time/
1:30 p.m. Pacific Time to discuss its fourth quarter and full year 2021 financial and operating results and to provide a business update.

Interested parties may access the conference call by dialing (866) 888-8633 from the 
U.S. and 
Canada and (636) 812-6629 from elsewhere outside the 
U.S. and 
Canada and should request the “Lineage Cell Therapeutics Call”. A live webcast of the conference call will be available online in the Investors section of Lineage’s website. A replay of the webcast will be available on Lineage’s website for 30 days and a telephone replay will be available through 
March 18, 2022, by dialing (855) 859-2056 from the 
U.S. and 
Canada and (404) 537-3406 from elsewhere outside the 
U.S. and 
Canada and entering conference ID number 7718167.

About Lineage Cell Therapeutics, Inc.

Lineage Cell Therapeutics is a clinical-stage biotechnology company developing novel cell therapies for unmet medical needs. Lineage’s programs are based on its robust proprietary cell-based therapy platform and associated in-house development and manufacturing capabilities. With this platform Lineage develops and manufactures specialized, terminally differentiated human cells from its pluripotent and progenitor cell starting materials. These differentiated cells are developed to either replace or support cells that are dysfunctional or absent due to degenerative disease or traumatic injury or administered as a means of helping the body mount an effective immune response to cancer. Lineage’s clinical programs are in markets with billion dollar opportunities and include three allogeneic (“off-the-shelf”) product candidates: (i) OpRegen®, a retinal pigment epithelium transplant therapy in Phase 1/2a development for the treatment of dry age-related macular degeneration, which is now being developed under a worldwide collaboration with Roche and 
Genentech, a member of the Roche Group; (ii) OPC1, an oligodendrocyte progenitor cell therapy in Phase 1/2a development for the treatment of acute spinal cord injuries; and (iii) VAC2, an allogeneic dendritic cell therapy produced from Lineage’s VAC technology platform for immuno-oncology and infectious disease, currently in Phase 1 clinical development for the treatment of non-small cell lung cancer. For more information, please visit www.lineagecell.com or follow the Company on Twitter @LineageCell.

Lineage Cell Therapeutics, Inc. IR
Ioana C. Hone
(ir@lineagecell.com)
(442) 287-8963

Solebury Trout IR
Mike Biega
(Mbiega@soleburytrout.com)
(617) 221-9660

Russo Partners – Media Relations
Nic Johnson or  David Schull
Nic.johnson@russopartnersllc.com
David.schull@russopartnersllc.com
(212) 845-4242

Source: 
Lineage Cell Therapeutics, Inc.

The SPAC Advantage in a Volatile or Bear Market

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  Image Credit: Kampus (Pexels)


Why it May be Prudent in a Down-Market to Allocate to Individual SPACs

 

When the markets were roaring upwards in 2020 investment capital was abundant, the number of Special Purpose Acquisition Companies (SPACs) going public broke records. Competition to find ideal companies to merge with to fulfill the SPAC’s mission, intensified. Almost two years have passed since SPAC IPOs’ popularity emerged following a much quieter period for these equities. The 2020 vintage SPACs are now nearing their deadlines to find acquisitions or disseminate the money held in escrow back to shareholders. What does this mean to stock market investors?

Background

IPOs offered as SPACs in 2020 broke all previous records, in terms of the number of offerings, and gross proceeds. In 2021 there was even more issuance. SPACs are not new; they have existed for decades, they are sometimes referred to as blank check companies and shell companies. They have also been called “backdoor IPOs” because it allows a private company to go public without the normal process of filing and disclosures through the regular IPO filing process. Filing for an IPO with a SPAC is much quicker for private companies than going the traditional IPO route.

Currently, there are 602 SPACs with 162.4 billion in combined funds looking to find acquisitions. There are SPACs succeeding in finding acquisition targets, tickers like BOWL, DWAC, CPSR have recently either merged or are in a deSPAC phase, headed toward merging. But it is unlikely that there are 600 well-suited, private companies looking to go public via SPAC acquisition.  This isn’t necessarily bad for the investors in the stock, if there is a downside it is to the finance entities that went through the expense and management of the SPAC for two years.

Investors lose little more than opportunity while their funds were tied up. This is because when a SPAC fails to merge, the funds from the IPO, less expenses, plus accrued interest, are then all returned to the current holder of shares.

 

Performance

So far this year SPACs have outperformed the market significantly. This may be because SPACs don’t have as much downside, as mentioned, the initial investment is held in an escrow account that typically earns interest. Should the SPAC not merge after 24 months, investors have a fairly good idea of what they can expect to be returned to them. They may not make money, but depending on their purchase price they shouldn’t lose much. The returned cash is most often just below the initial $10 offering price. This protection prevents the SPAC from decreasing in value greatly from its offering price, while still maintaining the potential to find a target that could drive the price significantly upward. The structure demonstrates a level of safety that is not shared by other common stocks.

 

 

There is an enhanced benefit to SPAC owners in 2022 that barely existed in 2020 and early 2021 when so many of the SPACs came to market, interest rates are now averaging 3% in the escrow accounts. This is up from when rates approximated 0% when the older SPACs came to market.

SPCX used in the chart above is an actively managed ETF comprised of SPAC IPOs. Using it as a proxy for the SPAC market and comparing its performance to the S&P 500 YTD, it’s clear that SPAC stocks are a diversifier in a portfolio – they trade off their own fundamentals. The very big risk-flattening mechanism is that they effectively have a price floor for each individual SPAC.

Portfolios looking to reduce downside risk yet maintain upside potential may want to allocate into well-selected individual SPACs. To do this some investors research by evaluating the market value of the issuance and comparing it to escrow trust account value balance. What they are looking for is pre-deal shell companies that are worth more than their market price. These situations where one pays less in cash than the cash the company holds is a strategy that is gaining popularity as all markets weaken. 

 

Source: SPAC Research

 

Take-Away

Competition to find perfect merger candidates intensified to an extreme never before seen for SPACs as issuance rose from 59 deals in 2019, to 248 in 2020, and 613 in 2021. A failed SPAC (one that doesn’t find a target in 24 months) is unfortunate for the finance company issuer, but it is not necessarily bad for the stockholder. Stockholders have the option if the company finds a target, of opting out and collecting their pro-rata share of the trust or retaining the stock and owning the company it acquires. If there is no acquisition within the specified period, the stockholder is cashed out at their pro-rata share of the trust. There are stocks that are trading for less than their escrow value, some investors seek these out.

For updates on small and microcap stocks, including SPACS, sign-up to receive Channelchek daily research and information.

 

Paul Hoffman

Managing Editor, Channelchek

 

Suggested Reading



Investors Watch Media SPAC Stay in the Green as Markets Falter

Analysis of a SPAC





Merger of a SPAC, the De-SPAC Phase Explained

Lifecycle of a SPAC

 

Sources

https://www.spcxetf.com/the-fund/

https://www.spacresearch.com/

 

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Two Ways Artificial Intelligence is Helping Cybersecurity

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  Image Credit: Tara Winstead (Pexels)


How AI is Shaping the Cybersecurity Arms Race

 

The average business receives 10,000 alerts every day from the various software tools it uses to monitor for intruders, malware and other threats. Cybersecurity staff often find themselves inundated with data they need to sort through to manage their cyber defenses.

The stakes are high. Cyberattacks are increasing and affect thousands of organizations and millions of people in the U.S. alone.

These challenges underscore the need for better ways to stem the tide of cyber-breaches. Artificial intelligence is particularly well suited to finding patterns in huge amounts of data. As a researcher who studies AI and cybersecurity, I find that AI is emerging as a much-needed tool in the cybersecurity toolkit.

 

This article was republished with permission from 
The Conversation, a news site dedicated to sharing ideas from academic experts. It represents the research-based findings and thoughts of 
Sagar Samtani, Assistant Professor of Operations and Decision Technologies, Indiana University.

 

Helping Humans

There are two main ways AI is bolstering cybersecurity. First, AI can help automate many tasks that a human analyst would often handle manually. These include automatically detecting unknown workstations, servers, code repositories and other hardware and software on a network. It can also determine how best to allocate security defenses. These are data-intensive tasks, and AI has the potential to sift through terabytes of data much more efficiently and effectively than a human could ever do.

Second, AI can help detect patterns within large quantities of data that human analysts can’t see. For example, AI could detect the key linguistic patterns of hackers posting emerging threats in the dark web and alert analysts.

More specifically, AI-enabled analytics can help discern the jargon and code words hackers develop to refer to their new tools, techniques and procedures. One example is using the name Mirai to mean botnet. Hackers developed the term to hide the botnet topic from law enforcement and cyberthreat intelligence professionals.

AI has already seen some early successes in cybersecurity. Increasingly, companies such as FireEye, Microsoft and Google are developing innovative AI approaches to detect malware, stymie phishing campaigns and monitor the spread of disinformation. One notable success is Microsoft’s Cyber Signals program that uses AI to analyze 24 trillion security signals, 40 nation-state groups and 140 hacker groups to produce cyberthreat intelligence for C-level executives.

Federal funding agencies such as the Department of Defense and the National Science Foundation recognize the potential of AI for cybersecurity and have invested tens of millions of dollars to develop advanced AI tools for extracting insights from data generated from the dark web and open-source software platforms such as GitHub, a global software development code repository where hackers, too, can share code.

 

Downsides of AI

Despite the significant benefits of AI for cybersecurity, cybersecurity professionals have questions and concerns about AI’s role. Companies might be thinking about replacing their human analysts with AI systems, but might be worried about how much they can trust automated systems. It’s also not clear whether and how the well-documented AI problems of bias, fairness, transparency and ethics will emerge in AI-based cybersecurity systems.

Also, AI is useful not only for cybersecurity professionals trying to turn the tide against cyberattacks, but also for malicious hackers. Attackers are using methods like reinforcement learning and generative adversarial networks, which generate new content or software based on limited examples, to produce new types of cyberattacks that can evade cyber defenses.

Just as AI can generate realistic-looking fake faces from photos of real people, the software can be used to create new forms of malware based on existing code.

Researchers and cybersecurity professionals are still learning all the ways malicious hackers are using AI.

 

The Road Ahead

Looking forward, there is significant room for growth for AI in cybersecurity. In particular, the predictions AI systems make based on the patterns they identify will help analysts respond to emerging threats. AI is an intriguing tool that could help stem the tide of cyberattacks and, with careful cultivation, could become a required tool for the next generation of cybersecurity professionals.

The current pace of innovation in AI, however, indicates that fully automated cyber battles between AI attackers and AI defenders is likely years away.

 

Suggested Reading



Zero-Trust Security: Assume Everyone and Everything on the Internet is Out to Get You

Edge Computing Importance to AI Applications





Robotics and AI Are Being Tapped by Cannabis Growers

The Various Ways to Allocate into “War Investments”

 

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Release – Salem Podcast Network Announces New Podcast with Dennis Prager and Julie Hartman

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Salem Podcast Network Announces New Podcast with Dennis Prager and Julie Hartman

Research, News, and Market Data on Salem Media

 

IRVING, Texas–(BUSINESS WIRE)– Salem Media Group, Inc. (NASDAQ: SALM) announced today that Salem Podcast Network is adding a new podcast with Dennis Prager and Julie Hartman. The new “Dennis and Julie” podcast will explore all of life — in particular, the crisis of American education.

Paris hilton
Dennis Prager (Photo: Business Wire)

Julie Hartman is a senior at Harvard. At the age of 20, she sensed that most of her life she was exposed to one perspective. Searching for a non-left understanding of America, she found Dennis Prager’s book “Still the Best Hope,” his major work that explains both the left and America. As a result, she realized she actually held many conservative beliefs. Julie then reached out to Dennis, who was so impressed with her mind, heart, and eloquence, he invited her on to his national talk show. Not long after, she sat in for him for all three hours of the show, and probably becoming the youngest person to ever host a national talk show.

The two of them are starting a unique weekly podcast, “Dennis and Julie.” Dennis is already one of the most listened and viewed thinkers in America — and for that matter, the world. In addition to his Salem talk show, his Prager University website has a billion views a year. And Julie has already begun to garner a following of her own. Her Wall Street Journal column, “Harvard Students Are Covid Sheep,” became a national sensation.

“Dennis and Julie” launches March 1st on the Salem Podcast Network, delivering a new episode every week. “This is one of the most compelling stories I have heard. Julie Hartman realized she was a conservative while attending one of the most liberal colleges in the US,” said Phil Boyce, Salem’s Sr. VP of Spoken Word Formats. “She reached out to Dennis Prager, and the rest is history.”

“One of the many unique aspects of ‘Dennis and Julie’ is that it will attract people of all ages. Another is that it will be tremendously entertaining, as both Dennis and Julie combine wit with wisdom,” added Boyce.

“Finding Dennis’s work changed my life. I discovered the historic significance of the American value system and just how much our society today has come to be guided by the wrong principles. I hope that Dennis and I can make the world more understandable to our audience and impart to our listeners — especially those my age — how important it is to resist the far left push that comes at them every day. I’m honored to work with Dennis and I’m grateful to Salem for trusting me with this opportunity,” said Julie.

ABOUT SALEM MEDIA GROUP:

Salem Media Group is America’s leading multimedia company specializing in Christian and conservative content, with media properties comprising radio, digital media and book and newsletter publishing. Each day Salem serves a loyal and dedicated audience of listeners and readers numbering in the millions nationally. With its unique programming focus, Salem provides compelling content, fresh commentary and relevant information from some of the most respected figures across the Christian and conservative media landscape. Learn more about Salem Media Group, Inc. at www.salemmedia.com, Facebook and Twitter.

Evan D. Masyr
Executive Vice President and Chief
Financial Officer
(805) 384-4512
evan@salemmedia.com

Source: Salem Media Group, Inc.

E.W. Scripps (SSP) – A Softer Than Expected Start

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Monday, February 28, 2022

E.W. Scripps (SSP)
A Softer Than Expected Start

The E.W. Scripps Co. (www.scripps.com) serves audiences and businesses through a growing portfolio of television, print and digital media brands. After approval of its acquisition of two Granite Broadcasting stations later this year, Scripps will own 21 local television stations as well as daily newspapers in 13 markets across the United States. It also runs an expanding collection of local and national digital journalism and information businesses including digital video news service Newsy. Scripps also produces television programming, runs an award-winning investigative reporting newsroom in Washington, D.C., and serves as the longtime steward of one of the nation’s largest, most successful and longest-running educational programs, Scripps National Spelling Bee. Founded in 1879, Scripps is focused on the stories of tomorrow.

Michael Kupinski, Director of Research, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    Full-year results. The company reported total full-year 2021 revenue of $2.283 billion, modestly lower than our $2.29 billion estimate. The largest variance to our revenue estimate was in its Networks business. Full-year Adj. EBITDA was a strong $604.5 million, beating our $589 million adj. EBITDA estimate by 2.6%.

    Political advertising expected to be strong.  Management indicated that it expects Political advertising to be $270 million in 2022, above our current $256 million estimate. Given the very high margin, management anticipates full year 2022 free cash flow to be in the range of $400 million to $450 million, which is earmarked for debt reduction …



This research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision.