A list of puns related to "Authorised capital"
Hey Everyone!
I have made two other DD's on TRIP entitled Why TRIP is in a Class of it's Own Parts 1&2, however I deleted that account to make a new one with more anonymity. It has been a little while since I've made a DD post, and with the merger with Creso on the horizon, there are quite a bit of new eyes on this stock, some who have invested and many who are on the fence. I wanted to take an opportunity to do an overview of the potential (both immediate and long term) of this company, and why I think this company is positioned to become the Red Bull of the psychedelic space, both in the recreational and medical contexts. Some of this will be a repeat of what I have written in the past, but only because I believe it is important to set the stage for the new eyes to the company. I will touch on the share count/reverse split aspect at the end briefly, but my focus is less on the technicals and more on the value side of things.
TO BE CLEAR, I AM NOT A FINANCIAL ADVISOR, I DO OWN SHARES IN TRIP, AND YOU SHOULD ALWAYS DO YOUR OWN DD BEFORE BUYING OR SELLING. THIS IS NOT FINANCIAL ADVICE.
The Merger
As many of you know, an upcoming merger was announced recently between Red Light Holland and Creso Pharma to create what will be the HighBrid Labs. This merger was done to combine the recreational/medical psilocybin truffles that RLH currently sells in the Netherlands (and intends to sell medically in Brazil), as well as the THC/CBD sales that Creso is selling in select legal markets. Along with the recreational sales, both companies are in the process of acquiring their own research lab companies (Mera Life Sciences and Halucenex Life Sciences), which will allow the eventual HighBrid Labs to have a major focus on the research and medicinal side of THC/CBD/Psilocybin/Future Compounds as well. This merger is valuable for what I believe to be 3 main reasons: vertical integration, more immediate and increased revenue, and an expanded but relatable product line
... keep reading on reddit ➡I guess this could be considered a sequel to my previous effortpost on the Soviet economy, since it makes a similar point about not sticking to extremes in this area, and making our criticisms with nuance instead of massive oversimplification.
As I said there, I am not a supporter of Soviet communism, or even socialism - if I was I most certainly wouldn't be here. I strongly believe that forms of capitalism are superior to socialism in the world we live in, and that the collapse of the Soviet bloc and world communism was one of the greatest events of the 20th century in advancing human rights and prosperity. Nor am I an expert in economics, politics, or even Soviet history; I am just someone who has studied history, and Soviet history in particular (among other things).
This one's gonna be a bit broader than the last one. I'm going to flair it an effortpost even though I won't be able to go into as much specific detail and be as thorough as I was there, hopefully that's ok. I also won't be citing everything I say, just, again, to save time and because this will be quite broad, but if there's any questions on any statements I make I'm sure I can (hopefully) find some source for it.
So the main thing I'm trying to bring up here is the fact that, quite frankly, discussion of the Soviet Union and communism as it existed on here and within 'neoliberal' circles is not great. That's not because communism is criticised, it should be, but because it's criticised badly and not in good faith quite often, and there's an annoying lack of nuance to me compared to, say, how we would discuss the history of the US or a European country through the 20th century. I'll give some examples.
(The Soviet economy and living standards in the Soviet Union is one area I will not touch on, though I highly recommend reading my previous effortpost) linked above if you're interested in it))
There is quite a significant amount of nuance in this area and it's not something we should try to discuss in broad strokes. Tankies will try to tell you that the Soviet Union was a beacon of social progressivism and such. This is obviously not broadly true (even if we don't count terror and authoritarianism as detrimental to 'social progre
... keep reading on reddit ➡Greetings, and thanks for taking the time to have a read through my due diligence – it’s going to be a good one that’s for sure. This is going to be all about MGC Pharmaceuticals Ltd, they’ve just recently hit their 3 month anniversary on the London Stock Exchange and a lot of info has been pieced together since then so it’s time for an all-in-one update.
[Insert regular disclaimer re not being financial advice and to do one’s own research]
CHAPTER 1 – ABOUT MGC AND THE INDUSTRY
CHAPTER 2 – FINANCIALS
CHAPTER 3 – MANAGEMENT TEAM AND BOARD OF DIRECTORS
CHAPTER 4 – PRODUCTS, NETWORKS AND COLLABORATIONS
CHAPTER 5 – TLDR SUMMARY
CHAPTER 1 – ABOUT MGC PHARMA AND THE INDUSTRY
MGC Pharmaceuticals Ltd (ASX/LSE: MXC) is a European based bio-pharma company developing and supplying affordable standardised phytocannabinoid derived medicines to patients globally, for the immediate growing demand in the existing medical markets in Europe, North America and Australasia and future key markets.
As of 28.05.2021, MGC Pharma currently have a market cap of around 60M. As a small market cap company this means we will see some volatility on this one. They are already generating revenues but expect to see some swings until contracts and connections evolve.
Shares in MGC Pharma are available through LSE: MXC, ASX: MXC and OTC: MGCLF and in total there are 2.31bln shares in issue with a sub 3p share price.
A phytocannabinoid is a fancy name for a product extracted from the cannabis plant, MGC Pharma produce cannabis based therapeutics and is a leader in the phytocannabinoid market. As it’s a cannabis related stock, there’s still a few hurdles to get over with legislation and regulation around medical cannabis but as the laws relax and the sentiment towards cannabis as a therapeutic improves then the share price will lift alongside that. Legislation could be one of the barriers but seeing how other countries are developing in this area I’ve got confidence that rules around CBD/THC therapeutics will become less strict in time and more doctors will prescribe.
It’s technically a weed stock but I’d break the cannabis market down into three areas – recreational, consumer and pharmaceutical. MGC Pharma focus on the pharmaceutical side which provides medicines to help patients with their quality of life over certain conditions which we’ll get into later on. As such, it’s main competitor would be someone like newly listed [
... keep reading on reddit ➡AMC Shareholder Meeting
TL;DR – There are potential positives and negatives to this proposal, figure out for yourself if you agree with what they’re suggesting before voting. If you don’t vote, your shares will be used to vote anyway based on your brokers decision and not yours
Disclaimer: The intent for the below is to be unbiased information that AMC has given out freely in their sec filing. and not an opinion on what the outcome of the proposal should be
DO NOT under any circumstances let others tell you how you should vote, or what to do with your shares or money at any point. No matter how many followers they may have telling you otherwise.
FUD can work in both directions of an extremely negative view trying to force you to sell, or an extremely positive view forcing you to hold until you only have a bag
What is happening?
AMC are having a meeting on the 4th May 2021 to determine a number of pointsMost recently, proposal 1 has been brought up as a huge topic of debate as to whether stockholders should vote yes or no to this. I’ll be explaining some of the information in the SEC filing, and some potential good and bad possibilities. This won’t be all the outcomes, just a few possibilities, and I encourage you to research this yourself to think of additional outcomes.
In the SEC filing, proposals 1 and 3 are “routine” items, which means that any brokerage who holds your stock can cast a vote using your shares if you do not vote yourself**^([S1])**
AMC require the holders of at least 225,078,094 shares**^([S2])** to be present or represented by proxy to establish a quorum and approve or disapprove of these points
I also feel that it is essential to state that there is no reference to “counting” of shares, other than to establish the quorum via proxies. Once they get their 225M shares to vote, they’re probably not going to care about the overall share voting figure, unless they spot it’s greater than their issuance.
The board has voted YES**^([S3])** to all points raised in the sec filing, but the biggest one discussed on Reddit is proposal 1:
“To approve an amendment to our Third Amended and Restated Certificate of Incorporation to increase the total number of shares of Class A Common Stock (par value $0.01 per share) the Company shall have the authority to issue by 500,000,000 shares to a total of 1,024,173,073 shares of Class A Common Stock”^([S4])
The float was already recently diluted from the conversion of 50M of
... keep reading on reddit ➡Why Tether’s Recent Chain Swap Indicates Fraudulent Activity
In recent years, cryptocurrency prices have benefited from the increasing adoption of “stablecoins”, a surrogate for fiat currency which have increased market liquidity and made trading of cryptocurrencies more accessible to retail investors. The largest of these “stablecoins” is Tether (also known as USDT) which has the third highest market capitalization of all cryptocurrencies at approximately US$62.6 billion[1], almost half of which has been generated in the past six months.
Although not necessarily well known, USDT is integral to cryptocurrency markets as it facilitates and enables a large portion of daily liquidity, particularly on unregulated exchanges. This can be demonstrated by looking at the volume of USDT that is traded on a daily basis, which is often larger than the trading volume of either Bitcoin or Ethereum.
As USDT’s value is “pegged”, it is often overlooked because, for investors, it is an intermediate step for turning the US Dollar into cryptocurrency investments. However, with USDT’s ever expanding role in providing liquidity in cryptocurrency markets and its deeper integration into the cryptocurrency ecosystem, it is extremely important for them to conduct their business transparently and with integrity as they are effectively custodians for US$62.6 billion of client monies, which includes your money as USDT is widely used on exchanges such a Binance and, more recently, Coinbase. If, as this article seeks to assert, the value of USDT is likely to be less than the market’s current valuation this has a significant impact on all parties that either hold or interact with third parties that hold USDT, including the exchanges. If exchanges such as Binance, who hold at least USDT17.1 billion[2], are heavily exposed to USDT and it effects their solvency this has a direct implication on your ability to withdraw your funds and your assets, potentially losing vast sums.
This article draws attention to recent events that, in our opinion, unequivocally demonstrate that Tether are deceptive, fraudulently maintaining the value of USDT to the US Dollar and that their actions are a direct threat to the value of your investments.
Key Takeaways:
- In May 2021, Tether performed a chain swap which resulted in a net increase of USDT1,000,000,000 to the
... keep reading on reddit ➡Fingers crossed but I think we are going to SQUEEZE. Here is the reason: We were looking in the wrong place all this time. It is not the hedgies who are on the line, it is their prime brokers, who are the big banks. Kenny G truly knows how to take care of himself, how could we have doubted his self-love?
All the sources I used are in a bibliography at the end. I want to make this as short as possible so if you want to fact check what I am saying, you can read the original sources yourself.
Every hedge fund relies on a bank to offer its services. You will not find a hedge fund without a bank.
hedge fund + bank = higher returns
because a hedge fund could never generate as much money as it does with its own capital. They don’t work and save and then invest. They want the tendies now. So they borrow the money to invest. That is leverage.
The banks give them this leverage by acting as prime brokers (PB). The traditional form is what we are all familiar with, i.e. the PB lends cash or securities to use in transactions.
Ever since Basel III, this traditional form of prime brokerage has become very expensive. But the HFs and the PBs found a way around it called synthetic prime brokerage. You can read the sources for all the details but basically instead of margin lending or securities lending, synthetic financing uses derivatives to provide leveraged exposure to an underlying asset without actually having to buy that asset.
Banks have a big incentive to offer this cheaper form of leverage because otherwise they would lose the hedge fund business, especially for shorting purposes. The most popular synthetic product is the equity swap. In an equity swap, the risk of the physical position backing the swap is passed on to the broker. The broker is the one who has to go out onto the market for the physical inventory it needs to hedge. Access to physical inventory is very important because that is how the broker can sell a short swap. Otherwise, the broker is simply taking the other side of the trade, which is exactly what it doesn’t want to do. It wants to be neutral.
When demand is bigger than supply for a security, there are ways to ensure access to physical inventory, e.g. obtaining an exclusive right to borrow someone’s long portfolio or from ETFs. The short demand of a hedgie must be offset with long demand by the broker through access to the real shares. Since this offsetting is done internally, we cannot see it.
... keep reading on reddit ➡URANIUM
I am a Uranium Bull and thought I would share some weekend reading and watching on Uranium.
Enjoy!
· In the last 7 days the Uranium spot price has risen from $28.80 to $31.00 – Click here
· Latest report from World Nuclear Association: https://world-nuclear.org/getmedia/bdfff1aa-1a50-4793-9362-a95119b2307d/recalibrating-risk-report.pdf.aspx and their global trends report: https://www.world-nuclear.org/our-association/publications/global-trends-reports.aspx
· Sprott’s move into uranium signals world is waking up to nuclear and a new ‘bull market’ - https://smallcaps.com.au/sprott-move-into-uranium-world-waking-up-nuclear-new-bull-market/ and https://www.youtube.com/watch?v=5seWSkO9Fzw
· Uranium Update: Technical Analysis: Uranium Patterns Forming up Well for a Large Move in the Future - https://www.youtube.com/watch?v=jVDVTyXyJ9o – 26 May
· Uranium Outlook: Uranium’s Role in Decarbonising World - Guy Keller, Tribeca Investment Partners - https://www.youtube.com/watch?v=_IGTkdU66fc – 26 May
· Proactive CEO Investor Sessions URANIUM Webinar – LOT, PEN, AGE - https://www.youtube.com/watch?v=nT486fqwmrs - 25th May
· Paydirt Unlocked Uranium Panel May 2021 - John Borshoff (Deep Yellow), Mike Young (Vimy Resources), Siobhan Lancaster (92Energy) and Brandon Munro (Bannerman Resources) – https://www.youtube.com/watch?v=8ya_h789W_c - 24 May -
· Uranium Stock Picks - Biggest Bull Market Coming? - https://www.youtube.com/watch?v=KXstcRigmXU – 25 May
· Top 6 Uranium Stocks ASX | Uranium ETF | Alligator Energy | Bannerman Resources - https://www.youtube.com/watch?v=U67lKAeEyJo – 21 May
· Cameco Conference call - https://www.cameco.com/invest/events-presentations/2021-q1-conference-call
... keep reading on reddit ➡https://preview.redd.it/s8e7d4lid9571.png?width=1024&format=png&auto=webp&s=d46cc40c614648f51dddabf68ceb5bcf44ae43cf
Crypto Wallets explained
If you are a bit lost in the countless storage options for your crypto, have no fear. This article will explain everything you need to know about wallets.
A crypto wallet is just software that allows you to send and receive your coins. These days the wallets can do a lot more than we could ever imagine just a few years ago. Modern crypto wallets can even allow you to exchange one coin for another and even to stake your coins, all in one app. It literally allows you to have a complete BANK with infinite accounts just sitting on your pc or phone. It’s simply staggering when we stop and think about it! This wasn’t the case just a few years ago and we have come a long way to get to this point. Let’s find out what different wallets there are living out there in the wild and how we can use the damn things to our fullest advantage. Also remember that the biggest risk in crypto comes from ignorance, negligence and lack of discipline. Don’t worry, we will cover these risks as well and help you to become a strong, savvy and hairy chested crypto investor. Let’s dive right in!
https://preview.redd.it/kwrf5r4kd9571.png?width=768&format=png&auto=webp&s=e3e41d6c00bbd6c74ca52ec375d5b99a4a2e80a8
Remember the bald kid from The Matrix? His prophetic phrase “There is no spoon” is very true in the crypto space. Let’s take Bitcoin for example. It may come as a bit of shock, but there are actually no “coins” in Bitcoin. What we have are just digital entries in a long string of data called the blockchain. The balance you see on your screen is just a summary of the information that you private key controls. That’s it. Sorry for bursting your crypto bubble.
The private key is simply a long string of numbers and letters. From this private key you can derive an almost infinite number of public addresses ( you know that other long string of numbers that you use to send some Bitcoin to your grandma ) and this private key is what eventually “signs” your transaction so that it can be broadcasted to the network and go from place A to place B. In our case from you to your crypto savvy grandma.
Pretty much every coin that’s out there has a private key and this sacred data needs a warm, safe and cozy home to live in. This is exactly what a wallet does. It stores your private key and it scans
... keep reading on reddit ➡Who Owns UMG? After IPO, Vivendi will own 20% of UMG, Tencent 20%, Bollore 16%. Because Bollore also owns 27% of Vivendi and indirectly owns 36% of UMG.
Why did UMG not go public until now? Under French law, an individual who owns more than 30% of a publically listed company must file a tender offer for all the outstanding shares. Bollore owns 16% stake in UMG and 27% of Vivendi, so that his total stake is about 36% of UMG. It's fine for Ballore to own 36% of unlisted UMG but once it's listed, he has to sell the 6% or try to buy all the shares.
What complex problem is Bill Ackman trying to solve? As part of 10% purchase of UMG, PSTH stockholders are buying about 7.02% of UMG while PSH is buying about 2.81% of UMG from Vivendi with ~ $4.1 billion.
In addition, PSTH sponsor warrants is for 5.95% of post-combination company. PSTH directors warrants for 0.26% of post-combination company. Strike price is $24/share rather than the original $20/share. It's at 20% premium to PSH
My hypothesis is that Pershing Square Holding buys Ballore's 6% of Vivendi through Sponsor Warrants, allowing PSH to own 8.81% of UMG. PSTH holders would own 7.01% of UMG. Tencent 20%. Ballore would own 30% of UMG.
The fact that PSH is paying $65,000,000 and PSTH directors paying $2,837,500 to buy additional 6.21% of UMG at $24/share to make this deal work suggest that the price of PSTH will increase to the $24-25 range at least to match Pershing square buying umg at $24 but doesn’t include sparc or Psth r.
Sources: https://uk.practicallaw.thomsonreuters.com/4-502-1646?transitionType=Default&contextData=(sc.Default)&firstPage=true
"30% threshold Individuals or legal entities that come to hold (alone or in concert, directly or indirectly) more than 30% of a listed company's share capital or voting rights must immediately inform the company and the AMF and must file a tender offer for all the outstanding equity securities and any securities giving access to the company's share capital or voting rights (such threshold is set at 50% of the share capital or voting rights for companies listed on an organised multilateral trading facility such as Euronext Growth).
The mandatory tender offer price must be at least the highest price paid by the bidder for securities of the target during the 12-month period preceding the crossing of the 30% threshold. The AMF can, however, impose or authorise a different offer price in the case of a material change in the characteris
... keep reading on reddit ➡Let's start.
Global warming
Quite... obvious.
Obama's promoting a buttload of solar panels...
And solar panels, contrany to popular belief, actually contribute to global pollution.
The initial cost of purchasing a solar system is fairly high. This includes paying for solar panels, inverter, batteries, wiring, and the installation. Nevertheless, solar technologies are constantly developing, so it is safe to assume that prices will go down in the future.
Although solar energy can still be collected during cloudy and rainy days, the efficiency of the solar system drops. Solar panels are insanely dependent on sunlight to effectively gather solar energy (they are literally sun energy collectors). Therefore, a few cloudy, rainy days can have a noticeable effect on the energy system. You should also take into account that solar energy cannot be collected during the night.
Solar energy has to be used right away, or it can be stored in large batteries. These batteries, used in off-the-grid solar systems, can be charged during the day so that the energy is used at night. This is a good solution for using solar energy all day long but it is also quite expensive.
In most cases, it is smarter to just use solar energy during the day and take energy from the grid during the night (you can only do this if your system is connected to the grid). Luckily your energy demand is usually higher during the day so you can meet most of it with solar energy.
I should also mention that batteries are made of acid (poisonous) plastic (again poisonous) and graphite/metal (needs mining).
The more electricity you want to produce, the more solar panels you will need, as you want to collect as much sunlight as possible. Solar PV panels require a lot of space and some roofs are not big enough to fit the number of solar panels that you would like to have. It does not matter if you have enough panels to
There are some toxic materials and hazardous products used during the manufacturing process of solar photovoltaic systems, which
... keep reading on reddit ➡The new unrecognised government of South Africa has begun an unlawful armed invasion of its neighbours Namibia and Botswana. With the commitments by the Nigerian and Angolan governments, the irregular South African forces will likely be halted and turned back in Namibia. However, Botswana has been relegated relatively little of the intervention force, leaving refugees in its borders at risk. The Algerian government has therefore authorised the deployment of our armed forces to support Botswana’s army in turning back aggressors.
Immediately, our peacekeepers will be redeployed from neighbouring Zimbabwe along the A1 highway. They will liaise with Botswana’s high command to reinforce their forces positions wherever necessary, buying time for further Algerian troops to arrive. Their lack of heavy artillery or armor will likely relegate them to defensive roles initially.
Francistown’s International Airport will be the staging ground for the arrival of Algerian air and ground assets. 21 SU-30MKA’s and 7 SU-24M2’s will operate from here, conducting strikes on South African troop columns, strongpoints and supply convoys. Their lack of serviceable anti-air equipment should make them easy targets. Strikes against positions in urban areas will be avoided unless deemed absolutely necessary to prevent Algerian casualties. Some SU-30’s will also escort SU-24 missions should any of South Africa’s air assets attempt to intercept. We will also request Chinese and American satellite information to effectively spot South African troop and supply movements.
To support Algerian forces from Zimbabwe, a mechanized brigade will be airlifted into Francistown using our 13 IL-76’s and American airlifters. The roughly 5,500 strong brigade will advance down the A1 highway to Rasesa, where they will split. A contingent of around 1000 troops, a mixture of mechanized, armoured and artillery elements, will advance across the relatively flat farmland to Modipane, from which they will attempt to cut the R49 highway, severing the supply route for South African troops around Gaborone. The sparse population in this area will allow the air force unrestricted ability to strike South African positions in support of this attack. The remaining elements will continue to advance along the highway directly to the capital, where they will either reinforce Botswana’s positions and relieve our initial deployment or assist in retaking the city and surrounding refugee camps, depending on the sit
... keep reading on reddit ➡Go post NSFW jokes somewhere else. If I can't tell my kids this joke, then it is not a DAD JOKE.
If you feel it's appropriate to share NSFW jokes with your kids, that's on you. But a real, true dad joke should work for anyone's kid.
Mods... If you exist... Please, stop this madness. Rule #6 should simply not allow NSFW or (wtf) NSFL tags. Also, remember that MINORS browse this subreddit too? Why put that in rule #6, then allow NSFW???
Please consider changing rule #6. I love this sub, but the recent influx of NSFW tagged posts that get all the upvotes, just seem wrong when there are good solid DAD jokes being overlooked because of them.
Thank you,
A Dad.
UK Apes
Ive been wondering how the hell to safety store any huge amount of money when or if the MOASS happens.
In the UK, you are protected up to £85k per PRA-authorised institution (£170k for joint accounts) by the FSCS. This is NOT per banking brand, but PER institution.
Looking at the latest data from the bank of england https://www.bankofengland.co.uk/prudential-regulation/authorisations/financial-services-compensation-scheme
As the below table. There is 42 PRA-authorised institutions in the UK.
That techically means you can FSCS protect £85k x 42 = £3,570,000 (or double for joint accounts) if any of the institutions go under.
i guess the rest goes under the mattress lol
| PRA-authorised institution | FRN | Other deposit brands covered by FSCS coverage |
|---|---|---|
| Santander UK Plc | 106054 | Santander UK Plc |
| Santander UK Plc | 106054 | Cahoot |
| Santander UK Plc | 106054 | Santander Business |
| Santander UK Plc | 106054 | Santander Corporate & Commercial |
| Santander UK Plc | 106054 | Santander Corporate & Investment Banking |
| HSBC Bank Plc | 114216 | HSBC Bank Plc |
| HSBC Bank Plc | 114216 | HSBC |
| HSBC Bank Plc | 114216 | HSBC Expat |
| HSBC Bank Plc | 114216 | HSBC Private Banking (C.I.) |
| Standard Chartered Bank | 114276 | Standard Chartered Bank |
| Standard Chartered Bank | 114276 | Standard Chartered |
| Standard Chartered Bank | 114276 | Standard Chartered Private Bank |
| The Royal Bank of Scotland Plc | 114724 | The Royal Bank of Scotland |
| The Royal Bank of Scotland Plc | 114724 | RBS |
| The Royal Bank of Scotland Plc | 114724 | Adam & Company |
| The Royal Bank of Scotland Plc | 114724 | Drummonds |
| The Royal Bank of Scotland Plc | 114724 | Child & Co |
| The Royal Bank of Scotland Plc | 114724 | Holt's |
| The Royal Bank of Scotland Plc | 114724 | The One account/Virgin One account/Nat West One account |
| Alliance Trust Savings Limited | 116115 | Alliance Trust Savings Limited |
| Alliance Trust Savings Limited | 116115 | Stocktrade |
| Rathbone Investment Management Limited | 116316 | Rathbone Investment Management Limited |
| Rathbone Investment Management Limited | 116316 | Rathbone Greenbank Investments |
| Rathbone Investment Management Limited | 116316 | Rathbone Investment Management |
| Rathbone Investment Management Limited | 116316 | Rathbones |
| Rathbone Investment Management Limited | 116316 | Rathbones Scotland |
| Lloyds Bank PLC | 119278 | Lloyds Bank |
| Lloyds Bank PLC | 119278 | Lloyds Bank Private Banking |
| Lloyds Bank PLC | 119278 | May |
Elite Dangerous Market Connector ("EDMC") is a third-party application for use with Frontier Developments' game "Elite Dangerous". Its purpose is to facilitate supplying certain game data to, and in some cases retrieving it from, a number of websites and other tools.
To do this it utilises the Journal Files written by the game when played on a PC. It also makes use of Frontier's Companion API ("Frontier's CAPI"), accessible once you've authorised this application.
EDMC has a plugin system which many other developers have made use of to extend its functionality.
Find out more on the EDMC Wiki.
The main reason for this release is to add an 'odyssey' boolean flag to all EDDN messages for the benefit of listeners, e.g. eddb.io, inara.cz, edsm.net, spansh.co.uk, etc. Please do update so as to make their lives easier once Odyssey has launched!
In the 5.0.0 changelog we said:
>We will **NOT** be using this merely to try and get some laggards to upgrade.
However, from now on there is an exception to this. After this release any subsequent -beta or -rc versions will be killswitched after their full release is published.
For example, if we put out a 5.0.2-beta1 and 5.0.2-rc1 before the full 5.0.2, then when 5.0.2 was published we would activate all available killswitches for versions 5.0.2-beta1 and 5.0.2-rc1. In this example 5.0.1 would not be killswitched as part of this policy (but still could be if, e.g. a data corruption bug was found in it).
In general please do not linger on any -beta or -rc release if there has been a subsequent release. Upgrade to the equivalen
... keep reading on reddit ➡Degiro isn't available where i live. I know of eToro and Trading 212. Trading 212 has its signups closed for a while now... That leaves me with eToro. What else? I have some money to gamble. Or is it too late to buy GME now?
The fintech industry has reduced our dependence on physical money. Almost every transaction is done digitally. The Reserve Bank of India is also encouraging consumers to use electronic payments to reduce physical money.
The following are few FinTech startups in India:
1.Razorpay -
Key People : Harshil Mathur, Shashank Kumar.
Investors: Ribbit Capital, Matrix Partner and etc.
Funding: $366.6M
It started in 2013, it is the only converged payments solution company in India that allows your business to accept, process, and disburse payments via its product suite.
2. Paytm -
Key People : Vijay Shekhar Sharma
Investors: Softbank, Ant Financial, AGH Holdings, SAIF Partners and etc.
Funding: USD 16 Bn
Founded in 2009, an e-commerce and digital wallet company is one of the most successful startup in India having customer base of over 200 million and net worth of over 2 billion dollars. With features like- Recharge & Utility Payments, Entertainment, Travel, DTH, Wallet & Payments.
3. Phonepe -
Key People : Sameer Nigam, Burzin Engineer, Rahul Chari.
Investors: Flipkart, Walmart and etc.
Funding: USD 700M
Founded in 2015, an Indian digital payments and financial services company. The app is based on the Unified Payments Interface (UPI). One of the few Indian companies to allot employee stock options (ESOPs) to all its full time employees.
Key People : Ashish Kashyap, Pratiksha Dake and Varun Bhatia
Investors: Steadview Capital and Tiger Global
Funding: USD 45 Mn
Founded in 2018, AI-based wealth management platform. The platform enables consumers to track and organizes their financial life across different investments, expenses, loans, and taxes.
Key People : Amit Srivastava and Bhavik Vas.
Investors: Chiratae Ventures,Dream Incubators and etc
Funding: USD 5M
Founded in 2019, an online platform for revenue-based financing. It is a smart alternative funding platform for entrepreneurs to raise growth capital without diluting ownership, and for investors to invest more sustainably.
FINO PayTech
Key People : Rishi Gupta.
Investors: Bharat Petroleum Corp.
Funding: USD 37.6M
Founded in 2006, provides end to end customer sourcing and servicing solutions to the banking sector. They’re a banking technology platform aimed at being the preferred choice for customers.
ItzCash
Key People : Naveen Surya
regarding ORPH requesting capital.
A recent SEC filing 4/30 related to employee benefit program and 6.68M shares. The docs state that the company already has power to increase the capital. per a previous board resolution.
Form S-8 Orphazyme A/s Submitted: 2021-04-30
SIC
"Increase of share capital"
3.1
In the period until 25 March 2026, the Board of Directors is authorised to increase the Company’s share capital in one or more issues of new shares without pre-emption rights for the Company’s existing shareholders by up to a nominal amount of DKK 6,989,767. The capital increase shall take place at market price as determined by the Board of Directors and shall be effected by cash payment, debt conversion or contribution in kind."
Martin Freeman, and Andy Serkis.
They also play roles in Lord of the Rings.
I guess that makes them the Tolkien white guys.
In the midst of raising Angel funding! Need some resources to understand more
So if both of us co-founders have 50% stake the angel investors will get allotted new shares from the authorised share capital?
Lets say currently we both have 12500 shares each of 1$! How will it work? And SAFEs are better right?
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