Render Boy http://render-boy.com/ Thu, 23 Sep 2021 05:10:59 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 http://render-boy.com/wp-content/uploads/2021/04/render-boy-icon-150x150.png Render Boy http://render-boy.com/ 32 32 A new Latin voice in Connecticut http://render-boy.com/a-new-latin-voice-in-connecticut/ http://render-boy.com/a-new-latin-voice-in-connecticut/#respond Thu, 23 Sep 2021 04:03:05 +0000 http://render-boy.com/a-new-latin-voice-in-connecticut/

Our history is interspersed with examples of immigrant communities finding their unified voice and identity. Nothing amplifies the virtues of the American Dream as strong as the blossoming of a new immigrant community.

The Latino population is growing by leaps and bounds every year. The latest census figures estimate that the Latino population has reached around 65 million nationally and represents around 20% of our total population. Latinos continue to be the fastest growing demographic in the United States.

But Latinos are not a homogeneous demographic; We are made up of many races, ethnicities and political affiliations. The Latinx community in the United States represents 22 different nationalities.

The Latinx community has grown into an economic powerhouse that continues to shape the essence of the United States. The most critical piece and challenge of this new Latin revival will be to create a new Latin visibility of Hispanidad. Our Latino identity must draw on our common language and our Spanish, Native American and African heritage.

We are on the cusp of a massive change to lead our nation towards a more prosperous and equitable society. Latinos continue to reassess traditional political parties in this new revival. Over the next few decades, the Republican Party and the Democratic Party must seriously assess their strategies to engage and maintain the loyalty of such a complex constituency.

Latinos support conservative values ​​of independence, patriotism and distrust of too much government power. At the same time, new immigrants appreciate the importance of social programs that support the community. Thus, Latinos are ripe for a new form of centrist politics that is more objective and away from radical ideologies.

A group of parents formed Latinos for Education Advocacy and Diversity to be an active voice for families throughout Connecticut. LEAD’s mission rests on four pillars: educational options, financial literacy, civic engagement, and Latin American history and culture.

LEAD understands that through a system of excellent educational options such as charter schools and more professional programs, our communities will have a mechanism of opportunity and growth. Our families and small business owners will have access to the tools they need to achieve financial independence and improve their quality of life through financial literacy.

LEAD is determined to open a charter school on Main Street Danbury to alleviate some of the overcrowding and provide a much needed educational option. This charter school will serve students in grades 6 to 12 and will serve 770 students. The school will ensure that the 770 seats in our charter school are allocated to residents of Danbury. The school will be a public school that will allow the city to increase its capacity without being a burden on our taxpayers. We are confident that by next year we will overcome opposition from our Danbury delegation and look forward to the ribbon cutting for our new school.

LEAD knows that through civic engagement, our community will see the value of participating in our political system. Our community will understand the importance of registering to vote, voting, running for office, becoming a citizen, and navigating our political system to more effectively defend themselves and our community.

LEAD will become an authority on Latin American history and culture. Our history and shared contributions are a vital unifying element that will give community members a sense of pride and a sense of belonging in the United States.

Until the rest of the country learns of the contributions Latinos made and until all Latinos are proud of this nation and realize that we have been important contributors as well, we will never develop that sense of belonging. .

We have gone from a group trying to open a charter school to a statewide movement that will eventually become a national voice of unity and purpose for all Latinos.

LEAD offers a path of empowerment, self-reliance and pride. We have the essence of sugar cane in our bones and the fantastic legacy of empires in our blood. With flavor, with rhythm in our footsteps, Latinos will move forward. Without having to conform to the status quo, we will chart a brilliant new course.

José Lucas Pimentel is CEO of Latinos for educational advocacy and diversity.


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Equity Lifestyle Properties, Inc. (ELS) Ex-dividend date scheduled for September 23, 2021 http://render-boy.com/equity-lifestyle-properties-inc-els-ex-dividend-date-scheduled-for-september-23-2021/ http://render-boy.com/equity-lifestyle-properties-inc-els-ex-dividend-date-scheduled-for-september-23-2021/#respond Thu, 23 Sep 2021 01:51:17 +0000 http://render-boy.com/equity-lifestyle-properties-inc-els-ex-dividend-date-scheduled-for-september-23-2021/

Equity Lifestyle Properties, Inc. (ELS) will begin trading ex-dividend on September 23, 2021. A cash dividend payment of $ 0.363 per share is expected to be made on October 8, 2021. Shareholders who purchased ELS prior to ex- dividend date are eligible for payment of the dividend in cash. This is the 3rd quarter for which ELS pays the same dividend. At the current price of $ 82.55, the dividend yield is 1.76%.

ELS’s last sell on the previous trading day was $ 82.55, which is -6.69% down from the 52-week high of $ 88.47 and an increase of 42.5% from the 52-week low of $ 57.93.

ELS is part of the consumer services industry, which includes companies such as Prologis, Inc. (PLD) and Crown Castle International Corporation (CCI). ELS’s current earnings per share, an indicator of a company’s profitability, is $ 1.32. Zacks Investment Research reports that ELS’s forecast earnings growth in 2021 is 13.82%, compared to an industry average of 1.9%.

For more information on declaration, registration and payment dates, visit the ELS Dividend History page. Our dividend calendar contains the full list of stocks that have an ex-dividend today.

Interested in gaining exposure to ELS through an exchange traded fund [ETF]?
The following ETF (s) have ELS in the top 10 holdings:

  • Janus Henderson US Real Estate ETF (ELS).

The best performing ETF in this group is JRE with a 0% drop in the last 100 days. It also has the highest ELS percentage weight at 5%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Do the institutions own shares of Aspen (Group) Holdings Limited (SGX: 1F3)? http://render-boy.com/do-the-institutions-own-shares-of-aspen-group-holdings-limited-sgx-1f3/ http://render-boy.com/do-the-institutions-own-shares-of-aspen-group-holdings-limited-sgx-1f3/#respond Wed, 22 Sep 2021 22:47:41 +0000 http://render-boy.com/do-the-institutions-own-shares-of-aspen-group-holdings-limited-sgx-1f3/

The large shareholder groups of Aspen (Group) Holdings Limited (SGX: 1F3) have power over the company. Institutions often own shares in more established companies, while it is not uncommon to see insiders owning a good number of smaller companies. I like to see at least a little insider ownership. As Charlie Munger said, “Show me the incentive and I’ll show you the result.

Aspen (Group) Holdings is not a large corporation by global standards. It has a market cap of S $ 158 million, which means it wouldn’t get the attention of many institutional investors. Our analysis of company ownership, below, shows that institutions are not really present on the share register. We can zoom in on the different ownership groups to find out more about Aspen (Group) Holdings.

See our latest analysis for Aspen (Group) Holdings

Distribution of SGX property: 1F3 September 22, 2021

What does institutional ownership tell us about Aspen (Group) Holdings?

Institutional investors generally compare their own returns to the returns of a commonly tracked index. They therefore generally consider buying larger companies that are included in the relevant benchmark.

The institutions have a very small stake in Aspen (Group) Holdings. This indicates that the company is on the radar of certain funds, but it is not particularly popular with professional investors at the moment. If the business strengthens from here, we could see a situation where more institutions are eager to buy. It is not uncommon to see a sharp rise in stock prices if several institutional investors attempt to buy a stock at the same time. So check out the historical earnings path below, but keep in mind that it’s the future that matters most.

profit and revenue growth
SGX: 1F3 Profits and Revenue Growth September 22, 2021

We note that the hedge funds do not have a significant investment in Aspen (Group) Holdings. Looking at our data we can see that the largest shareholder is Aspen Vision Group Sdn Bhd with 46% of the shares outstanding. With 9.7% and 9.4% of shares outstanding, respectively, Kim-Sun Oh and Oxley Holdings Limited are the second and third largest shareholders. In addition, we found that Murly Manokharan, the CEO, owns 0.9% of the shares attributed to their name.

To make our study more interesting, we found that the top 2 shareholders have a controlling stake in the company, which means that they are powerful enough to influence the decisions of the company.

While it makes sense to study a company’s institutional ownership data, it also makes sense to study analysts’ sentiments to know which way the wind is blowing. We do not see any analyst coverage of the stock at this time, so the company is unlikely to be widely held.

Insider ownership of Aspen (Group) Holdings

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The management of the company manages the company, but the CEO will report to the board of directors, even if he is a member of the board.

Most view insider ownership as a positive, as it can indicate that the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

It appears that insiders own a significant proportion of Aspen (Group) Holdings Limited. It has a market cap of just S $ 158 million and insiders have shares worth S $ 19 million in their own name. It’s great to see insiders so invested in the business. It might be worth checking out if these insiders have bought recently.

General public property

With a 30% stake, the general public has some influence over Aspen (Group) Holdings. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in line with other large shareholders.

Owned by a private company

We can see that the private companies own 46% of the issued shares. It may be worth pursuing the question further. If related parties, such as insiders, have an interest in any of these private companies, this should be disclosed in the annual report. Private companies may also have a strategic interest in the business.

Public enterprise ownership

It seems to us that public companies own 9.4% of Aspen (Group) Holdings. It may be a strategic interest and the two companies may have related business interests. It could be that they defused. This exploitation probably merits further study.

Next steps:

I find it very interesting to see who exactly owns a company. But to really understand better, we have to take other information into account as well. To do this, you need to know the 3 warning signs we spotted with Aspen (Group) Holdings.

Sure this might not be the best stock to buy. So take a look at this free free list of interesting companies.

NB: The figures in this article are calculated from data for the last twelve months, which refer to the 12-month period ending on the last date of the month of date of the financial statement. This may not be consistent with the figures in the annual report for the entire year.

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This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative material. Simply Wall St has no position in the mentioned stocks.
*Interactive Brokers Ranked Least Expensive Broker By StockBrokers.com Online Annual Review 2020

Do you have any feedback on this item? Are you worried about the content? Get in touch with us directly. You can also send an email to the editorial team (at) simplywallst.com.

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Crypto-Linked Shares Fall As Bitcoin Price Crashes http://render-boy.com/crypto-linked-shares-fall-as-bitcoin-price-crashes/ http://render-boy.com/crypto-linked-shares-fall-as-bitcoin-price-crashes/#respond Wed, 22 Sep 2021 19:52:29 +0000 http://render-boy.com/crypto-linked-shares-fall-as-bitcoin-price-crashes/

Crypto-related stocks like Bitcoin Marathon Digital Holdings miners (MARA) and Riot Blockchain Inc. (RIOT) and the Coinbase Global crypto exchange (PIECE OF MONEY) are trading lower after Bitcoin’s price fell on Monday morning.

Bitcoin fell about 10% early Monday morning, hitting its lowest price in over a month. Ether also saw a drop of about 8%. Other cryptos were also down, and the crypto market lost around $ 250 billion.

Shares of companies closely tied to the crypto market and sometimes used by investors as crypto proxy investments also traded lower on Monday.

Canadian Bitcoin miner Marathon Digital Holdings fell 5%. Meanwhile, Riot Blockchain, a US-based Bitcoin mining company, was down 6%.

MicroStrategy, the business intelligence software company that made the Bitcoin acquisition its second term, fell more than 4% on Monday. Square Inc. was down 2%.

Coinbase fell 3.5%, its price drop was likely affected by its announcement last Friday that it was abandoning its planned crypto lending business after the SECOND threatened to sue.

Global stock markets generally fell on Monday. The S&P 500 fell 1.7%, its worst daily performance since May. Global growth stocks, energy stocks and big banks were also hit.

The sale is largely due to investor concerns over the potential fallout from huge Chinese development firm Evergrande. Evergrande currently has over $ 300 billion in debt and recently told investors it could default on that debt, which could impact not only the Chinese economy but foreign financial centers as well.

It is likely that the Chinese government will work to contain the problem, but it is still unclear when and what it will look like.

Investors are also worried about the Federal Reserve’s removal of the monetary stimulus, which it may do after its two-day meeting this week.

For more news, information, and strategy, visit Crypto Channel.

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Over $ 800 Million In New Investments, Crypto.com Enters NBA + More News http://render-boy.com/over-800-million-in-new-investments-crypto-com-enters-nba-more-news/ http://render-boy.com/over-800-million-in-new-investments-crypto-com-enters-nba-more-news/#respond Wed, 22 Sep 2021 16:13:00 +0000 http://render-boy.com/over-800-million-in-new-investments-crypto-com-enters-nba-more-news/
Source: Crypto.com

Get your daily digest of crypto-asset and blockchain news – investigating the stories that slip under the radar of today’s crypto news.
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Investment news

  • Investment management companies Invesco and Digital galaxy jointly filed a registration statement for an exchange-traded fund (ETF) physically backed by bitcoin (BTC), while the investment advisory firm Amplify filed for decentralized finance (DeFi) and crypto ETF. The Amplify ETF app would allow the fund to invest in bitcoin futures, Canadian bitcoin funds, and companies that hold more than 50% of their net assets in bitcoin, ether (ETH) or some other cryptocurrency. ” liquid”.
  • BTC mining company Genesis digital assets announced that it has raised 431 million USD as part of a funding round led by an investment firm Paradigm. The capital will be used to expand their Bitcoin mining operations, with the goal of bringing 1.4 gigawatts online by 2023.
  • Dapper Laboratories, the crypto company behind Best shot in the NBA and the Flow blockchain, announced new funding of $ 250 million, led by Coat. The tour brings together existing investors a16z, GV (Previously Google companies), and The companies of the first version with new investors including LINK and GIC, specifies the press release. Dapper Labs will use the new capital to continue to develop and support leading brand-based sports, entertainment and music products that will go live and develop on the Flow blockchain, they added.
  • Blockchain infrastructure platform Block daemon announced that it has raised USD 155 million in a funding round led by SoftBank Vision 2 Fund which brought the company’s valuation to $ 1.26 billion. The raised capital will help the company expand its team’s presence in Singapore, Japan, the UK and Germany, as well as make strategic acquisitions and build its technology stack, they said.
  • Digital asset management company Osprey Fund announced the launch of its fifth investment product of the year, the Osprey Polygon Trust, which invests exclusively in the MATIC part originating in Polygon network. The Osprey Polygon Trust is currently available to accredited investors for subscription with a minimum investment of 10,000 USD. The sponsor intends to continue listing the fund on the OTCQX market as soon as possible and also agreed to waive management fees for all investors until January 2023.
  • Killer whale, a Decentralized Crypto Exchange (DEX) based on Solana (SOL), said it had raised $ 18 million in new funding led by Polychain, Reserved area, and Capital of the three arrows. Other participants include Skip the capital, Sino world capital, Collaboration and motto, Challenge, Zee Prime, Coinbase Companies, Capital Solana, and a number of angel investors. “These investors will get us started on the path to making Orca the go-to exchange for the Solana ecosystem,” they said.
  • Start of digital identification check raised $ 2.6 million in an investor-backed funding round Aberrant companies, Evernym, Titanblock, and others. The funds raised are expected to help the company launch its product later this year, which includes both a digital ID and a payment system so they can charge users a fee to cover the cost.
  • Multi-asset investment platform eToro announced that he was increasing his stake in the non-profit organization BonDollarUniversal Basic Income (UBI) protocol from $ 58,000 to $ 1 million. The additional capital will fund the expansion of the protocol which aims to promote financial education and close the global wealth gap by combining smart contract mechanisms, DeFi and their reserve-backed crypto token.
  • Kava labs, an open source and non-custodian developer of financial products and services for decentralized finance (DeFi), said it has launched a $ 185 million fund to develop projects on the Kava ecosystem. The platform claims to have three protocols, $ 2.1 billion in on-chain assets, over 280,000 users, and $ 1.8 billion in cross-chain transactions.

Marketing news

  • Main crypto platform Crypto.com announced its first official jersey patch partnership with an NBA team, the Philadelphia 76ers. Crypto.com will also appear in the arena on the base apron and court-side LED screens, be present within the 76ers Fan Hub, sponsor rewards for fans, and feature a Crypto.com school to educate fans on cryptocurrency, they added. Additionally, the 76ers will be launching their very first Non-Fungible Token (NFT), available for fans to purchase through Crypto.com NFT.

Regulatory news

  • United Arab Emirates Securities and Commodities Authority (SCA) and the Dubai World Trade Center Authority (DWTCA) have entered into an agreement to support the trading of crypto assets and related financial activities within the DWTCA Free Zone. The SCA will be responsible for the regulatory oversight of the issuance, offering, listing and trading of crypto assets as well as the licensing of associated financial activities that fall under the jurisdiction of the DWTCA, says the ad.
  • Large crypto company based in the United States BlockFi noted that the New Jersey Bureau of Securities has again postponed the effective date of its previous ordinance, which calls for preventing the creation of all new BlockFi Interest Accounts (BIA), this time to December 1, 2021. All existing BIA customers continue to have access to their accounts, the company added.

CBDC news

  • The Italian payments giant Nexi says he works with the European Central Bank on its central bank digital currency proposal, CNBC reported. “We are engaging with the European Central Bank and helping to shape the future digital euro because we believe it can be a positive force in the evolution of digital payments,” said Paolo Bertoluzzo, CEO of Nexi.

News from the exchanges

  • Kraken announced to have integrated Apple Pay and Google pay in their Kraken app, allowing users to pay for their crypto using these payment methods. There is a minimum purchase amount of $ 10 and a maximum purchase limit of $ 7,500 on a rolling seven day period.

Legal news

  • Riccardo Spagni, the former head of private coin Monero (XMR) maintenance, has announcement that the American authorities released him after more than a month of detention. He added that he was working with his lawyers on a way to return to South Africa as soon as possible in order to respond to the allegations against him.
  • US trial judge Sarah Netburn denied Ripple labs‘motion to compel the United States Securities Commission (SEC) to produce records of cryptographic transactions of its employees. According to the motion, Ripple has met with the SEC four times, starting July 8, to request records of crypto transactions from agency employees “without progress.”

Mining news

  • Crypto mining company BIT Mining noted that it has entered into a membership interest purchase agreement with Viking data centers Jointly invest in the development of a cryptocurrency mining data center space in Ohio with access to up to 85 megawatts of power capacity. Development of the new mine site is currently expected to be fully completed in February 2022.

Career News

  • Crypto and blockchain investment company CoinFund welcomed David Pakman as a managing partner focused on expanding the company’s growth stage venture capital initiatives, the press release said. Pakman spent 13 years at Venrock, a leading venture capital firm focused on investing in emerging technologies. He led the Series A and Series B rounds in Dollar shave club and served on the board until its $ 1 billion acquisition, led Series A, and sits on the board of the crypto firm Dapper Laboratories, and led Series A in the non-fungible token (NFT) market Scarcity.

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Oath arouses mixed emotions in Afghan refugee in Modesto http://render-boy.com/oath-arouses-mixed-emotions-in-afghan-refugee-in-modesto/ http://render-boy.com/oath-arouses-mixed-emotions-in-afghan-refugee-in-modesto/#respond Wed, 22 Sep 2021 13:00:00 +0000 http://render-boy.com/oath-arouses-mixed-emotions-in-afghan-refugee-in-modesto/

Nisar Ahmadi, an Afghan refugee who resettled in Modesto six years ago, felt a mixture of emotions when he took the pledge of allegiance on Thursday, thinking of his family members back home.

For eight years, Ahmadi, now 44, worked with US Navy forces until death threats from the Taliban reached him and his family, including three young children aged 7. , 4 and 3 years old at the time. It took them three years to get special immigrant visas, allowing them to flee, and five more for the family to apply for US citizenship.

Ahmadi’s parents and two brothers still live in this war-torn country, and he is concerned for their safety.

Since 2009, up to 18,000 Afghans have received IVS, along with 45,000 accompanying immediate family members, according to the National Immigration Forum. Visa application processing times vary from about two to three years, but some have waited up to three and a half years, reports the Washington, DC-based forum, which was founded in 1982.

Afghan immigrants are less likely to be naturalized, with just 41% of them being U.S. citizens in 2019, compared to 52% of all immigrants who were naturalized, Immigration Policy reports.

In March, Ahmadi learned that he could finally be naturalized. Although his wife applied at the same time, she has yet to receive the same opportunity.

“The happiest day of my life was yesterday because I have waited a long time to become an American citizen,” he said on Friday, stressing his pride in America and his willingness to defend the country.

Security but struggles in American life

Ahmadi said he feels indebted to the United States because he and his family live in peace, very different from life in Afghanistan. This does not mean that his family’s trip is free from struggle and sacrifice.

Ahmadi has been unemployed for months. Refugees normally find work within 60 to 90 days of arrival, according to the International Rescue Committee. It was also difficult to secure housing, a problem that persists as thousands more Afghan refugees are expected to arrive over the next year.

Once he found accommodation, another barrier followed.

“The money we received… welcome money… it was not enough,” Ahmadi said.

Although refugees may request additional assistance once they have resettled and received their papers, they typically only receive a one-time payment of $ 1,125 per adult, $ 300 per child, to cover their costs. basic needs, regardless of where they end up relocating, the IRC reports. Although this money helped cover most of her rent for the first month and the deposit, Ahmadi still had to find the rent balance of $ 100 and pay for utilities and a source of transportation.

With the support of the growing Afghan community in Modesto, he was able to borrow from people he knew.

Now husband and father of a family of six – the youngest is a 5-year-old born in Modesto – Ahmadi says his children are growing up with big dreams. His 13-year-old daughter, the eldest, wants to be both a doctor and an astronaut. His 9-year-old son, the second youngest, wants to serve in the military, while his older brother is looking to become a Modesto police officer.

Before coming to the United States, Ahmadi had dreams like his children. The Uber driver was hoping to pursue higher education once he arrives in the United States, but the reality of working life makes him feel like it’s nearly impossible.

“We have to work here. There is no time to study, ”he said, adding that American life is about working to survive.

Recently, Ahmadi obtained his business license to become a truck driver. Although he believes the American dream may not come true for him, he hopes to provide for his wife and children so that they have this opportunity.

Thinking about the family left behind

But as he rebuilds his life in the United States, he can’t help but think about his parents and two younger brothers who remain in Afghanistan. Like him, his brothers have also worked with US forces, and they are waiting for their SIV requests to be processed.

He said his brothers received a call from the US Embassy during the evacuations, saying they would receive another call. “They say, ‘OK, we’ll call you back,’ but no one called them. And unfortunately… both were left behind, ”he said.

SIV applicants can only bring their spouses and children, making it more difficult for Ahmadi to bring his parents to the United States

He shared his frustration with former Afghan President Ashraf Ghani, who fled the country amid his fall under the Taliban to avoid further bloodshed. “He betrayed the Afghan people,” Ahmadi said.

And now, with the Taliban under control, he leaves little room for his family to escape to a neighboring country. Moreover, in the absence of passenger flights from Afghanistan, Ahmadi wonders if his family will ever make it to safety.

Andrea Briseño is the equity reporter for The Bee’s community-funded Economic Mobility Lab, which includes a team of journalists covering economic development, education and equity. Support for the lab comes from Stanislaus State University, E. & J. Gallo Winery, Porges Family Foundation, the James B. McClatchy Foundation and over 250 community members.

Your contribution helps support the Lab.

Related stories from Modesto Bee

Andrea is the equity / underserved communities reporter for the Modesto Bee Economic Mobility Lab. She is originally from Fresno and graduated from San Jose State University.

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]]> http://render-boy.com/oath-arouses-mixed-emotions-in-afghan-refugee-in-modesto/feed/ 0 Oxford Cannabinoid Technologies Holdings plc announces exclusive agreement with Canopy Growth Corporation http://render-boy.com/oxford-cannabinoid-technologies-holdings-plc-announces-exclusive-agreement-with-canopy-growth-corporation/ http://render-boy.com/oxford-cannabinoid-technologies-holdings-plc-announces-exclusive-agreement-with-canopy-growth-corporation/#respond Wed, 22 Sep 2021 06:01:00 +0000 http://render-boy.com/oxford-cannabinoid-technologies-holdings-plc-announces-exclusive-agreement-with-canopy-growth-corporation/

Exclusive global license agreement with Canopy Growth Corporation for key pharmaceutical assets

  • Exclusive license agreement with the world’s leading cannabis company (“Canopy Growth”)
  • Access to Canopy Growth’s cannabinoid library comprising 335 derivatives and 14 patent families
  • Accelerated timelines for clinical trials and expansion of drug development pipeline

LONDON, UK / ACCESSWIRE / September 22, 2021 / Oxford Cannabinoid Technologies Holdings plc (“OCTP” or the “Company”), the holding company of Oxford Cannabinoid Technologies Ltd (“OCT”) (collectively, the “Group”), a company developing prescription cannabinoid drugs under license for approved by regulatory bodies worldwide and targeting the multi-billion dollar pain market, is pleased to announce that on September 21, 2021, OCT signed an exclusive licensing agreement with Canopy Growth Corporation – a leading diversified cannabis and cannabinoid consumer products company and Tweed Inc, a wholly owned subsidiary of Canopy Growth.

The terms of the agreement provide OCT with an exclusive worldwide license for the entire library of cannabinoid derivatives, including 335 derivatives of cannabidiol (CBD), tetrahydrocannabinol (THC) and cannabigerol (CBG), the rights of intellectual property, including 14 patent families and related product research and development (“Canopy Library”). In return, OCT will pay Canopy Growth an annual license fee plus additional payments based on development, regulatory and sales milestones and royalties on future sales.

Under the terms of the agreement, OCT will use reasonable efforts to develop and commercialize: (i) at least one derivative of CBD; (ii) at least one derivative of CBG; and (iii) at least one derivative of THC, as pharmaceuticals. OCT is also responsible for the manufacture and supply of compounds for development and commercialization. Canopy Growth and OCT will establish a Development Steering Committee (‘DSC’) to monitor the progress of the development and commercialization activities that OCT undertakes in relation to the Canopy Library.

The Group is currently running four drug development programs in parallel. Its first and most advanced program is OCT461201, which initially targets indications in neuropathic and visceral pain. Phase 1 clinical trials are scheduled for Q3 2022, and Phase 2 trials are expected in Q2 2023. OCT’s second program uses inhaled phytocannabinoids to target undisclosed orphan pain, Phase 1 trials also scheduled for the third quarter of 2022 and phase 2 expected in the second quarter of 2023.

The Canopy Library accelerates timelines and reduces risks for the Group’s third and fourth development programs while keeping the budget and overall goals for both unchanged. The main objective of program 3 is to identify one or more drug candidates for neuropathic pain. The main objective of program 4 is to develop a “first-in-class” drug candidate that should be used in several therapeutic areas, including pain, neurology, immunoinflammation and oncology.

Thanks to the Canopy Library license, the directors of OCTP (the “directors”) believe that the probability of success of Programs 3 and 4 is greatly increased. Canopy Growth has pioneered advanced cannabinoid research, which includes the development of a library of compounds that may be relevant for the production of future cannabinoid products. As Canopy Growth remains focused on commercialization, this agreement will grant OCT access to the Canopy Library to advance this research. The Canopy Library includes compounds that have already demonstrated activity in experimental trials, including in vivo mouse tests. This further offers the potential to accelerate the development of the Group’s existing programs and expand its pipeline with additional drug development programs.

The term of the agreement, product by product and country by country, is until the last expired patent covering the product concerned or five years from the first commercial sale (whichever is later) in the respective country (unless terminated otherwise. ); after which OCT has a perpetual, non-exclusive and fully paid license to develop, use or market said product in that country. The agreement can be terminated in the event of material breach, insolvency or, category by category, in the event that OCT has ceased development of a category of compounds (for example, CBD, CBG or THC compounds). OCT and Canopy Growth provide the standard indemnities, representations and warranties expected from agreements of this nature.

Commenting on the signing of the agreement, OCTP Managing Director Dr John Lucas said: “The acquisition of an exclusive license for Canopy Growth’s library of pharmaceutical cannabinoid derivatives is a significant achievement for the Group and speaks volumes about our international reputation in our market.

“Not only does the Canopy Library provide us with over 330 ‘new’ compounds that we can use immediately in our screens, but we will also have an exclusive license on 14 patent families covering a wide range of cannabinoid derivatives. We believe this will increase the likelihood of a favorable outcome of Programs 3 and 4 and speed up the timeline for clinical trials. It is important to note that the library provides the opportunity to develop additional drug development programs that should expand our drug development pipeline. ‘

This announcement contains inside information for the purposes of section 7 of EU Regulation 596/2014 (which is part of UK national law under the Withdrawal from the European Union Act 2018).

The Directors of the Company accept responsibility for the content of this announcement.

Requests:

About Oxford Cannabinoid Technologies Holdings Plc:

Oxford Cannabinoid Technologies Holdings plc (“OCTP”) is the holding company of Oxford Cannabinoid Technologies Ltd (“OCT”), a pharmaceutical company developing prescription cannabinoid drugs for approval by major drug regulatory agencies around the world and targeting the multi-billion dollar pain market. (together the ‘Group’). Cannabinoids are compounds found in the cannabis plant that have been shown to have a range of therapeutic effects on the body, including pain relief. The Group has a clearly defined path to commercialization, revenue and growth. The Group is developing drug candidates through clinical trials to obtain regulatory approval (FDA / MHRA / EMA) which will allow healthcare professionals to prescribe them with confidence.

The Group’s portfolio aims to balance risk, value and time to market, while ensuring market exclusivity around all of its key activities. The Group’s flagship compound, OCT461201, is a very potent and selective CB2 agonist and is being developed by OCT in a solid oral dosage form. OCT is leading preclinical tests and developments with preclinical trials scheduled for 2022. The Group’s product portfolio also employs a balanced drug product strategy that uses phytocannabinoids, cannabinoid derivatives and other new compounds for the treatment of pain.

The OCTP operates a partnership model with external academic and business partners, including the University of Oxford.

Caution Regarding Forward-Looking Statements

Certain statements contained in this announcement are or may be considered forward-looking statements. Forward-looking statements are identified by the use of terms and phrases such as’ believe ‘,’, ”, ” plan ”, ” potentially ”, ‘expect’, ” will ” or the negative thereof, variations or comparable expressions, including references to assumptions. These forward-looking statements are not based on historical facts but rather on the directors’ current expectations and assumptions regarding the future growth of the Company, results of operations, performance, future capital expenditures and others (including the amount , the nature and sources of financing thereof), competitive advantages, business prospects and opportunities. These forward-looking statements reflect the current beliefs and assumptions of the Directors and are based on information currently available to the Directors.

About Canopy Growth Corporation

Canopy Growth (TSX: WEED, NASDAQ:CCG) is a global, diverse cannabis and cannabinoid consumer products company driven by a passion to improve lives, end prohibition, and strengthen communities by unleashing the full potential of cannabis. Canopy Growth offers product varieties in dried flower, oil, softgel, infused, edible and topical drink formats, as well as sprays. Canopy Growth’s global medical brand, Spectrum Therapeutics, sells a line of full-spectrum products using its color-coded classification system and is a market leader in Canada and Germany. Canopy Growth has entered the health and wellness consumer space in key markets including Canada, United States and Europe with BioSteel sports nutrition and skin and sleep solutions This Works; and introduced additional hemp-derived CBD products into the United States through its First & Free and Martha Stewart CBD brands. Canopy Growth has partnered with Fortune 500 liquor leader Constellation Brands.

This information is provided by RNS, the information service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as the main information provider in the UK. General conditions relating to the use and dissemination of this information may apply. For more information, please contact rns@lseg.com or visit www.rns.com.

THE SOURCE: Oxford Cannabinoid Technologies Holdings plc

See the source version on accesswire.com:
https://www.accesswire.com/665109/Oxford-Cannabinoid-Technologies-Holdings-plc-Announces-Exclusive-Agreement-with-Canopy-Growth-Corporation

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The upcoming dividend of Telia Company (STO: TELIA) will be higher than last year http://render-boy.com/the-upcoming-dividend-of-telia-company-sto-telia-will-be-higher-than-last-year/ http://render-boy.com/the-upcoming-dividend-of-telia-company-sto-telia-will-be-higher-than-last-year/#respond Wed, 22 Sep 2021 04:19:19 +0000 http://render-boy.com/the-upcoming-dividend-of-telia-company-sto-telia-will-be-higher-than-last-year/

Telia Company AB (publ) (STO: TELIA) has announced that it will increase its dividend on November 2 to 1.00 kr. This brings the dividend yield from 5.5% to 7.3%, which shareholders will be delighted with.

Check out our latest review for Telia Company

Telia may struggle to continue dividend

While it’s great to have a strong dividend yield, we also need to determine if the payout is sustainable. Even though Telia Company does not generate a profit, it generates healthy free cash flow that easily covers the dividend. This reassures us about the level of dividend payments.

Recently, EPS fell 46.8%, which could continue next year. This means that the company will not be profitable, but the cash flow is more important when you consider the dividend and since the current cash payout ratio is quite healthy, we don’t think there are too many reasons. to worry.

OM Historical Dividend: TELIA September 22, 2021

Dividend volatility

The history of the company’s dividends has been marked by instability, with at least one decline in the past 10 years. The dividend went from 2.75 kr in 2011 to the last annual payment of 2.00 kr. This represents a decrease of about 3.1% per year during this period. In general, we don’t like to see a dividend that decreases over time as this can degrade shareholder returns and indicate that the company may be in trouble.

The potential for dividend growth is fragile

Growth in earnings per share could be a mitigating factor considering past dividend fluctuations. Telia Company’s earnings per share have declined by 47% per year over the past five years. Such rapid declines certainly have the potential to constrain dividend payments if the trend continues in the future.

The dividend could prove to be unreliable

In summary, while it’s always good to see the dividend increase, we don’t think Telia Company’s payouts are strong. Payments haven’t been particularly stable and we don’t see huge growth potential, but with the dividend well covered by cash flow, it could prove to be reliable in the short term. This company is not in the top bracket of income providing stocks.

Companies with a stable dividend policy are likely to benefit from greater investor interest than those with a more inconsistent approach. Still, there are a host of other factors that investors need to consider, aside from dividend payments, when analyzing a business. As an example, we have met 4 warning signs for Telia you should be aware of this, and 2 of them should not be ignored. We have also set up a list of global stocks with a solid dividend.

When trading Telia Company or any other investment, use the platform considered by many to be the gateway for professionals to the global market, Interactive Brokers. You get the cheapest * transactions in stocks, options, futures, forex, bonds and funds from around the world from one integrated account. Promoted

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in the mentioned stocks.
*Interactive Brokers Ranked Least Expensive Broker By StockBrokers.com Online Annual Review 2020

Do you have any feedback on this item? Are you worried about the content? Get in touch with us directly. You can also send an email to the editorial team (at) simplywallst.com.

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Passing trailer features Tessa Thompson and Ruth Negga in Rebecca Hall’s debut film http://render-boy.com/passing-trailer-features-tessa-thompson-and-ruth-negga-in-rebecca-halls-debut-film/ http://render-boy.com/passing-trailer-features-tessa-thompson-and-ruth-negga-in-rebecca-halls-debut-film/#respond Tue, 21 Sep 2021 19:47:00 +0000 http://render-boy.com/passing-trailer-features-tessa-thompson-and-ruth-negga-in-rebecca-halls-debut-film/

Known for her acting work in films like Vicky Cristina Barcelona and Prestige, Rébecca Room made her directorial debut this year with the drama Who passed. Featured at this year’s Sundance Film Festival, the British director’s work received acclaim at the event, and now he’s finally getting an official trailer and release date.

Who passed is based on the Nella Larsen novel of the same name from the late 1920s and follows two best friends (played by Tessa thompson and Ruth negga) who have distinct experiences with racism. The “passage” in the title refers to the fact that by being fair skinned one of them can pass for white and she decides to live in a different racial spectrum – and embrace what it means to. do it. The trailer, with its glorious black and white cinematography and 4: 3 aspect ratio, shows how the two best friends’ relationship evolves into something sinister as the race begins to play a bigger role in their changing world. .

passer-ruth-negga-tessa-thompson

Image via Netflix

RELATED: ‘Passage’ Review: Rebecca Hall Makes Exploration Run For Assured Director Debut | Sundance 2021

In an interview with the LA Times in January, Hall revealed that the story is deeply personal, as it began to unveil her biracial roots years ago, and upon reading the novel, she felt “Viscerally troubled” by the story.

“I started to think about how the racial passage is representative of the American dream, in the sense that you can make yourself and transform into something else, but also representative of the lie at the center of the American dream. , which is that you only get [participate] if your skin tone is a certain color. And as I started to think about it, I started wanting to know more and seeing how I stack up against it.

With a scenario also adapted by Hall, Who passed stars Tessa thompson, Ruth negga, André Holland, Bill Camp, Gbenga Akinnagbe, Antoinette Crowe-Heritage, and Alexandre skarsgård. The film will be released in select theaters on October 27 and will be available to stream on Netflix from November 10. Discover the trailer for Fall below.

Here is the official synopsis of Who passed:

Adapted from the famous 1929 novel of the same name by Nella Larsen, PASSING tells the story of two black women, Irene Redfield (Tessa Thompson) and Clare Kendry (Academy Award nominee Ruth Negga), who can “pass” as white but choose of live on opposite sides of the color line during the height of the Harlem Renaissance in late 1920s New York. After a chance encounter reunites old childhood friends on a summer afternoon, Irene reluctantly allows Clare to enter her home, where she introduces herself to Irene’s husband (André Holland) and her family, and soon to its wider social circle. As their lives become more and more intertwined, Irene sees her once stable existence turned upside down by Clare, and PASSING becomes a fascinating examination of the obsession, repression, and lies that people tell themselves and others. others to protect their carefully constructed realities.

KEEP READING: The 85 Best Movies on Netflix Right Now (September 2021)


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Genesis Digital Assets raises $ 431 million http://render-boy.com/genesis-digital-assets-raises-431-million/ http://render-boy.com/genesis-digital-assets-raises-431-million/#respond Tue, 21 Sep 2021 19:03:38 +0000 http://render-boy.com/genesis-digital-assets-raises-431-million/

Bitcoin miner active since 2013 Genesis Digital Assets announced today that it has raised $ 431 million to fund the company’s expansion plans. The round, led by investment firm Paradigm, comes less than two months after the $ 125 million miner’s previous round of funding.

Former investors have also joined the funding round, including NYDIG, Stoneridge, FTX, Ribbit, Electric Capital, Skybridge and Kingsway Capital, the $ 2 billion UK-based private equity fund that has led solo the previous cycle in total. Paradigm co-founder and managing partner Matt Huang, who has joined the Genesis board, commented on the announcement.