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Daily Archives: January 19, 2021
Aw! Canines in dog wheelchairs have fun in the snow – WLWT Cincinnati
Posted: January 19, 2021 at 9:20 am
yes.
Aw! Canines in dog wheelchairs have fun in the snow
Updated: 8:38 PM EST Jan 14, 2021
These adorable dogs will brighten your day.Paraplegic canines with dog wheelchairs played in a snowy fenced-in area in Minnesota at Home for Life, an animal sanctuary for animals with special needs."All of our animals even our paraplegic dogs appreciate fresh air and sunshine even in the winter months," the sanctuary said in a Tuesday post.The sanctuary doesn't put animals up for adoptions but instead helps serve as a way to avoid euthanasia by giving them a permanent home.The sanctuary said the dogs include Goofy, Program, White, Zavier, Mana, Noori, Soosan, and Beninabucket.Tap the video above to see the dogs having fun.
These adorable dogs will brighten your day.
Paraplegic canines with dog wheelchairs played in a snowy fenced-in area in Minnesota at Home for Life, an animal sanctuary for animals with special needs.
"All of our animals even our paraplegic dogs appreciate fresh air and sunshine even in the winter months," the sanctuary said in a Tuesday post.
The sanctuary doesn't put animals up for adoptions but instead helps serve as a way to avoid euthanasia by giving them a permanent home.
The sanctuary said the dogs include Goofy, Program, White, Zavier, Mana, Noori, Soosan, and Beninabucket.
Tap the video above to see the dogs having fun.
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Aw! Canines in dog wheelchairs have fun in the snow - WLWT Cincinnati
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There has always been a ‘time to be born and a time to die’ – Brunswick News
Posted: at 9:20 am
From the writings of the Rev. Billy Graham
Why are Christians opposed to people taking life into their own hands in the debate over the right to die?
Dear R.D.: Today with the ability to prolong life, everyone will probably have to face the issue of living on borrowed time. The right to die has joined the abortion issue as among the most vital and complicated concerns of our age.
There has always been a time to be born and a time to die (Ecclesiastes 3:2). Somehow we have confused the right to die with the subject of euthanasia (the deliberate killing of those who are suffering). They are not the same thing. The right to die is defined as the individuals right to determine whether unusual or heroic measures should be taken, normally involving expensive and mechanical means of life support, to prolong life in cases where death is almost certainly inevitable. Life is sacred and given to us by God; for that reason we must never condone the deliberate, unnatural taking of life. This is a major reason most Christians who take the Bible seriously oppose abortion and euthanasia.
At the same time, allowing the natural process of death to run its course is not necessarily wrong, when life can only be sustained by extreme medical measures. There is a difference between the prolongation of life and the postponement of death. Standing at the bedside of someone who has life-sustaining tubes intruding into many parts of the anatomy, we can understand how humane medical treatment could be viewed as inhumane. When the treatment of humans becomes, for all appearances, inhuman, most of us want the right to refuse such treatment. We take comfort in Job 12:10: In whose hand is the life of every living thing, and the breath of all mankind? The answer is in God alone, for our very breath comes from Him.
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There has always been a 'time to be born and a time to die' - Brunswick News
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Injured piglet gets another ‘chance’ | Dartmouth – Dartmouth Week
Posted: at 9:20 am
Thanks to the efforts of one Dartmouth animal sanctuary, an injured piglet named Chance has another shot at life.
According to Dont Forget Us, Pet Us sanctuary owner Deb Devlin, the baby feeder pigs mom likely sat on him when he was just a couple weeks old pushing his shoulder back and making one of his front legs shorter than the other.
When a baby pig gets compromised and cant walk well, the other piglets normally will start eating the other piglet, she said. They started biting him and everything his piggy brothers and sisters werent very nice to him.
The little piggy was taken in by the Dont Forget Us, Pet Us on Jan. 10 after being rescued from a local pig farm. According to Devlin, the farmer had tried for a month to heal the pig on his own, only to see no improvements.
To be honest, I wasnt very hopeful at that time that we were going to have a good vet visit, Devlin said. I really thought the vet was going to recommend euthanasia.
But the vet didnt find any fractures just a lot of soft tissue injury, according to Devlin.
Believing that everyone deserves a chance, the vet gave Devlin some medication and recommendations to help with the recovery effort along with an inspiration for the piglets name: Chance.
One major recommendation was making sure Chance remained both stimulated and comfortable. To accomplish this, Devlin reached out to the community for baby items, noting that shes used them in the past for other bedridden animals.
And Dartmouth delivered.
Within 24 hours, Chance had a bouncy swing, pack-and-play, and bassinet.
[The community support] was really incredible, she said. All those little items just played a role in giving him a better level of care.
So far, Devlin said, Chance has responded well to his recovery.
Just two days after his first vet visit, the piglet was able to stand on all four of his legs and has even made attempts at walking. And, after a cold laser therapy session this past Saturday, some of his swelling has gone down.
The medication made a huge difference for him, she said, adding that professionals will also measure his range of motion, muscle mass, and have him potentially exercise in water.
While in recovery, Devlin notes that Chance has really gotten along with her farm dogs. According to the sanctuary owner, the piglet loves sleeping on the dog beds with his new friends and is always trying to nibble their fur.
It really was just the cutest little thing, Devlin said. I think he just thinks hes a dog.
Since Chance was bred to be a feeder pig, he will grow quite large and will likely have additional problems with his legs.
For now, Devlin said, the goal is making sure Chance has the best quality of life for as long as we can.
He is extremely personable, she added. You cant help but look at that little face and not smile.
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Injured piglet gets another 'chance' | Dartmouth - Dartmouth Week
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University of Tbingen: University wants to clarify the whereabouts of anatomical specimens – India Education Diary
Posted: at 9:20 am
The University of Tbingen has agreed to systematically deal with newly raised questions about the handling of anatomical specimens from the Nazi era in a recently published medical-historical research article. Rector Professor Bernd Engler said that the university will use all possible means to clarify the matter: Therefore, as soon as the allegations became known, I commissioned the historian and head of the current research project on the so-called Grave Field X, Professor Benigna Schnhagen, to keep the files in the archive of the To sift through the university in order to answer the open questions. Should the facts not be clarified on the basis of the files, the university will discuss with the city of Tbingen about a possible exhumation of the remains buried in cemetery X in July 1990.
In a recently published article, the British medical historian Professor Paul Weindling suspected that those responsible at the university were supposed to have buried the remains of underage victims of euthanasia in Tbingen in July 1990. At the time, the process was concealed from the public and also from an external investigation commission commissioned by the university. The remains predominantly or exclusively parts of the brain are said to have been buried together with other anatomical specimens from the Nazi era in grave field X of the Tbingen city cemetery.
The process researched by Professor Weindling also raises a number of questions from the universitys point of view, said the Rector. The examination of the files from the years 1989/90 including the minutes of service meetings of the then university management is currently ongoing, but has not yet provided any clarity. Engler said the university would use all available sources to investigate the whereabouts of the remains.
In 1988/89, the university was confronted with the fact that prepared body parts from the Nazi era were still in various medical teaching and display collections. The university then set up a commission of inquiry that was supposed to carry out a complete inventory. In its final report, which was presented in the summer of 1989, the commission recommended that all specimens from the period between 1933 and 1945 be removed from the Anatomical Institute and all other medical facilities of the university and buried in a dignified manner. The burial in cemetery X was closed to the public on July 4, 1990. A public commemoration took place four days later. According to a progress report, the University President Adolf Theis sent to the Baden-Wrttemberg Ministry of Science and Art on the day of the funeral, two urns and four marble containers with glass slides were buried. So far, however, it remains unclear what was in which container and from which institute the enclosed preparations came.
According to research by Professor Weindling, the remains of euthanasia victims are also said to have been buried on July 4, 1990. The preparations are said to come from the so-called Wiesengrund childrens department in Berlin-Wittenau, where a large number of mentally ill children were murdered during the Second World War. Doctors working at the facility took the brains of the killed children and prepared them for research purposes. The pathologist Berthold Ostertag, who works in Wiesengrund, is said to have brought the brain specimens from a total of 106 victims to Tbingen after the war. After the end of the war, Ostertag set up the Institute for Brain Research at the University of Tbingen and headed it until his retirement in 1964.
As can be seen from the final report of the investigative commission, in 1989 the university management obliged all medical institutes to check their collections and to report preparations that were alleged to have come from Nazi victims. The then management of the Institute for Brain Research had then declared in writing that even according to Professor Peiffer there were no preparations in the institutes holdings from the time before the end of the war. Accordingly, the brain preparations of the murdered children are not mentioned in the final report of the Senate Commission.
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article image Op-Ed: Investors making big money, but where are the trillions going? – Digital Journal
Posted: at 9:18 am
This is now being called a full-blown mania, an expression you dont usually hear in the price-hungry market. Even the highly cynical short sellers have been getting the wrong end of these prices. This idyllic everything-is-fabulous market is the result of Federal stimuli, the prospect of the vaccine ending the pandemic, and, to some extent, itchy investors and funds. Weird booms in prices, like ETF ARKKs staggering almost vertical rise to 10 times its values are playing havoc with indices. This also comes at a time when the rich are doing very well indeed, thanks for asking. Asset values have entered a realm of smugness rarely seen in United States market history. This isnt quite as whacko as it sounds. Zero interest rates have given the rich access to very cheap money. They could refinance anything and everything, and make money, and thats whats happening. This has been going on since 2001, but the pandemic has added fuel to the values. (Its no accident the rich got a lot richer in that timeframe. If youre borrowing at 1% and lending at 5%+, how do you not make money? This is one of the reasons interest rates have remained so low for so long. Its also one of the main reasons house prices and similar assets got more expensive. The higher prices were more accessible at lower rates.) Is this market good or bad? Both, actuallyThis is a far from simple situation. The new big money coming in IS spurring investment. The bad side is all too familiar:The market has a bad habit of following itself around, investing in itself at whatever price, rather than looking for new assets. This is the (groan) overbuy and oversell thing, which routinely makes and loses a lot of money and doesnt really do much but tread liquidity. A lot of capital value doesnt do much at all. Its accumulated, it makes some money, but it doesnt get out into the economy directly. This is somewhere between prudent asset management and stagnation, but that money sits tight. (To be fair, for many private investors, thats not such a bad idea and pretty reliably maintains wealth, if not making as much.)The hysterical, all-hype part of the market does mislead investors, intentionally and indirectly through price moves. Everything is the greatest thing since sliced bread, ALL the time. This rather obscene 5 second attention span approach to investment is one of the key players in big losses. So in a surging market, someones going to be left high and dry, for sure. The potentially good side of this market is much underrated, largely because its a type of investment most people dont really know much about: The pandemic has created a unique business environment which could benefit new businesses and investors. People are (naturally) trying new ways of making money. They need to be capital efficient. They know that. They know it all too well. A certain percentage of these new businesses are viable. They dont need a lot of money, but they do need capital input. Seed capital isnt even peanuts; its often much less. Its a very low-risk investment environment, when its managed properly. A modest, even trivial, investment could give access to any number of Next Pretty Large Things. The other unique environment at this time is Americas extremely unusual level of stagnant mediocrity in progressing new things. The geriatric, babbling Old Economy is on its last legs, in fact last toenail clippings. Drivel has replaced reliable visions. Everything from materials to energy is changing, very fast. Raising up a whole new economy from the filthy ashes is possible, but it takes capital investment to do it. Why not now, when the risks are low, and theres plenty of possible upside? Theres a huge irony here. The good side is the long-forgotten ideal of capitalism; forging the future to the benefit of all. Actual progress, not just good numbers. Forget Ayn Rand and the Apologists; this is what it can do when it knows what its doing and why its doing it. The question is, will it? Lets just hope someone figures it out.
This opinion article was written by an independent writer. The opinions and views expressed herein are those of the author and are not necessarily intended to reflect those of DigitalJournal.com
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Unmasking the Deceased Programmer Who Donated 28 Bitcoin to Capitol Hill Rioters – Crypto Briefing
Posted: at 9:18 am
Key Takeaways
Supporters of Donald Trump stormed the Washington D.C. Capitol Building last week in protest of Trumps election defeat, killing five people, including two police officers. Reports later revealed that many involved had been funded with Bitcoin.
Many alt-right and white nationalist figures were present at the riots, including self-described white majoritarian Nick Fuentes, outspoken neo-nazi Baked Alaska, and various other high-profile white supremacists.
The riot was planned via the social media site Parler starting Jan. 6, with Wild Protest movement leader Ali Alexander stating, If DC escalates so do we.
On Dec. 8, a single donor sent over 28.15 BTC worth over $520,000 at the time to multiple alt-right figures and organizations, including figures directly involved in the Capitol Hill unrest.
Cybersecurity firm Chainalysis identified the transactions and tracked them, building a paper trail.
Through the Namecoin blockchain, Chainalysis identified the donor as Pankkake. According to Chainalysis, domestic extremists in the U.S. have been receiving foreign funding traceable on the Bitcoin blockchain since at least 2016.
Nick Fuentes, a self-described white majoritarian and anti-LGBT speaker banned from YouTube for denying the Holocaust, received 45% of the Dec. 8 funds. That sum amounted to 13.5 BTC or approximately $250,000 at the time.
Chainalysis reports that Pankkake donated funds to the Daily Stormer, a neo-nazi media outlet, as well as alt-right podcaster Ethan Ralph, and the U.S. white supremacist group VDARE.
While most of the recipients were from the U.S., Pankkake also allegedly donated $26,000 to French neo-nazi and Holocaust denier Vincent Reynourard.
The cybersecurity firm stated its belief that Pankkake may have been an early adopter of Bitcoin who was active in crypto since 2013 and accumulated wealth as BTC gained in value.
Crypto Briefing traced the Pankakke NameCoin handle to Freenode chat logs archived on BTCbase.org where a user identifying themselves as Pankkake, a French programmer interested in Namecoin, had been a regular poster.
Pankkakes early political leanings can be seen in various racist, anti-semitic, and transphobic comments, stating blacks are born to be slaves anyway in 2013.
Pankkake was often in contact with Monero creator Riccardo Spagni, AKA Fluffy Pony, during that time. Their discussion focused on cryptocurrency and blogging, and Spagni informed Crypto Briefing that they never spoke in private.
Spagni privately shared with the author his rating for Pankkake on Bitcointalk, where he called Pankkake the The Trolliest Troll of Trollsville.
Pankkake discussed blogging with other users, including Mirceau Popescu, Romanian entrepreneur and founder of the now-defunct BitBet US site. Popescu was banned from Twitter in 2014 for threatening to kill Andreas Antonopoulos.
In the 2013 chat logs, a Freenode user linked a racist blog post that Popescu wrote on his personal site. Pankkakes comments on that blog led Crypto Briefing to Pankkakes own blog, called Headfucking, which contained various projects and files, including adult content and a fan site for a metal goregrind band.
Finally, the Headfucking site led Crypto Briefing to a blog under Pankakkes real name, where his final post was a suicide note.
Pankkakes name was Laurent Bachelier, a Parisian programmer with 47 repositories on GitHub.
His blog featured his thoughts on Atlas Shrugged by Ayn Rand, among other topics, with no posts from 2015 to late 2020.
Bachelier posted a suicide note on Dec. 9, 2020, one day after the 28 BTC donation was made. He stated that he suffered from Trigeminal neuralgia, a neuropathic disorder, also known as the suicide disease, characterized by extreme and chronic nerve pain. Bachelier cites tinnitus and fatigue, among other health problems, as reasons for his suicide.
If you are reading this, I am deceased. This is a message scheduled to be posted in the future; so there is no chance that i survived.
Bachelier went on to list more reasons, including his view that Western civilization is declining, while also bringing up Holocaust denial and 9/11 conspiracy theories by referencing wooden doors and building 7.
As examples of this Western decline, he stated his belief that the COVID-19 virus is not dangerous and that the police did not really kill George Floyd, making the BLM protests against his killing unjustified.
He ended the list lamenting that to top it off, the Fast and Furious 9 movie release had been delayed.
On his death, one of his former university classmates commented, describing Bachelier as having, even 15 years ago, a pure libertarian alt-right tendency that in other circumstances I would have abhorred. He was nevertheless a comrade.
In his suicide note, Bachelier pointed to his reasons for allegedly donating his money to hate groups and extremists, saying:
This is one of the things that has radically changed about me in the last few years: what happens after I die interests me. This is why I have decided to bequeath my modest fortune to certain causes and certain people. I think and I hope they will make better use of it than I do.
The incident proved to be a crucial demonstration of the transparency and immutability of the Bitcoin blockchain, allowing donations aimed at funding civil unrest in the U.S. to be traced to their original source.
Disclaimer: This investigation relies on Chainalysis accurately identifying Pankakke as the donor of the $520,000 BTC donation.
Disclosure: At the time of press, the author of this piece held Bitcoin.
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Transfix Launches TrueView TMS, Offering Shippers Flexible, Consistent Capacity And Reducing Time To Tender By Up To 92% – PR Web
Posted: at 9:17 am
NEW YORK (PRWEB) January 19, 2021
Transfix, a leading transportation solutions provider that is reshaping the future of freight through its digital platform and best-in-class carrier network, today announced the launch of TrueView TMS, a modern and flexible transportation management system for small and mid-sized shippers.
Because legacy TMS systems are designed for enterprise operations, around 90% of small and mid-sized shippers still rely on highly manual tools like spreadsheets and email to manage their freight. Given the time-intensive management of disparate tools and information sources, shippers lack the ability to quickly recruit, properly vet, and onboard new carriers to accommodate fluctuating capacity needs, and also lack the organization-wide visibility and insight into freight operations required for ensuring rate and service optimization and keeping up with enterprise competitors.
TrueView TMS is built to address the specific pain points of small and mid-sized shippers who are tasked with having to do increasingly more with fewer resources, static tools, and little data. It offers an easy-to-use tool for securing reliable coverage at scale, streamlining tender management, and automating carrier communications -- all while surfacing powerful insights on carrier performance to enable continuous freight optimization. Early users of TrueView TMS, including Plastic Ingenuity, have experienced up to 92% reductions in time to tender.
What Transfix does better than anyone else is bring ease-of-use and analytics to the freight management process; reducing friction caused by legacy systems, and empowering decision-makers to make more strategic decisions, said Lily Shen, CEO, Transfix. TrueView TMS brings transportation management into the 21st century, giving shippers the ability to manage their freight with a few clicks and tap into the most powerful capabilities Transfix offers: instant capacity, real-time visibility, and actionable insights across their entire operations.
As capacity continues to tighten, the ability to secure reliable coverage is increasingly important, yet increasingly challenging. With TrueView TMS, shippers can flexibly secure coverage in four key ways:
Beyond booking capabilities, TrueView TMS offers automated carrier communications and unparalleled insights into performance, enabling shippers to make the data-driven decisions they've been seeking to make more easily. With load status updates and ETAs, as well as advanced analytics on Transfix loads including carrier performance metrics like on time pickup and delivery, shippers can keep a critical pulse on and optimize their freight operations.
Since weve started using TrueView TMS, my team can now focus on bigger strategic opportunities and spend less time bogged down with tedious work, said Cody Schmidt, Corporate Purchasing Manager at Plastic Ingenuity, who leveraged TrueView TMS to drive internal efficiencies including slashing time to tender from three hours to under 15 minutes. Ive seen my team save hours of time, enhance our coverage, realize cost savings through the spot auction feature, and remove many of the manual tasks involved with tendering freight. Im impressed with how quickly we were able to get set-up within days and start managing all of our freight operations in one place.
TrueView TMS offers heavy-hitting capabilities and insights, requires minimal onboarding, offers accelerated time to value, and seamless onboarding -- a process that can take several months with more complex systems.
TrueView TMS is the initial release of Transfixs novel transportation management system. While the initial launch addresses specific pain points for small and mid-size shippers, the product roadmap includes the future development of modular point solutions that can be integrated with any existing TMS, helping shippers of all sizes address their differing individualized needs. The launch fits into Transfixs larger strategy of building the worlds most connected and intelligent freight platform, and comes on the heels of record growth. In December, Transfix surpassed 400% annual growth for its drop freight business, and in October, launched Fleet Planner, a free, online tool that gives small and mid-sized carriers access to a centralized platform for managing fleets, streamlining operations, and scaling their businesses.
To learn more about TrueView TMS, go to: https://transfix.io/trueviewtms/
About TransfixTransfix is a leading transportation solutions provider whose digital brokerage capabilities and logistics software offerings are helping reshape the future of freight. The company combines deep industry expertise and a best in class carrier network with cutting edge technology. The result? Competitive pricing, superior service and reliability, and unmatched intelligence for optimizing the supply chain from start to finish. Today, the worlds most recognized brands rely on Transfixs trusted carrier network, including six of the top ten retailers and five of the ten largest food and beverage brands in America. Transfix was named one of Forbes Next Billion-Dollar Startups and is headquartered in the heart of New York City. For more information, visit http://www.transfix.io.
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Agnew’s dressing gown and Bumble’s dog: it’s TMS and Sky Cricket, but not as we know it – Telegraph.co.uk
Posted: at 9:17 am
On Sky, they are commentating off the TV pictures: David Lloyd has been on duty from his Lancashire home with the family dog on his lap, and an even more whimsical flight of fancy on his tongue than we have come to expect in the daylight hours. His wife, he said, had managed to lock his microphone in the shed and a new one had to be couriered. And just as well; we might otherwise have missed out on a commentary segment about the private life of thelred the Unready and what got William the Conqueror out of bed in the mornings. It made the viewer worry they had overdone it on the cheeseboard the previous evening.
A collection of former England players has been assembled in the Sky studios in Isleworth, all of them rightly united in admiration at the exquisite artistic taste of Kumar Sangakkara. The Sri Lankan legend has been dispensing his wisdom from what Michael Atherton called his palatial villa in the Galle fort, positioning his camera in front of a delightful purple and pink impressionist painting by a Sri Lankan artist called Ruwan Prasanna.
The painting is evocative of a lifetime of following England abroad through the nights: at once vivid and dreamy. It is a special entertainment pursuit, that mixture of sleepy satisfaction at enjoying a treat when it would be much more sensible to be asleep and the jolt of adrenaline and horror when Johnners or CMJ or Aggers crackles through the radio under the pillow, news of another English duck and Australia rampant. This winter there is more yearning for something beyond the day-to-day than usual, and both Sky and BBC Radio have done a fine job for devotees despite the challenges.
Skys coverage has arguably been a bit more discursive and less technical or analytical than when they have access to a full range of on-screen gizmos, but no less thoughtful and fair. There have been a few moments of silence while the video link-ups between the very, very socially distanced pundits have ground into gear, but a moment or so of quiet at 5am is not a bad thing. TMS is much as ever, and reassuringly so.
For me, a visual image that will define this sporting era was Root celebrating his ton and waving to the lone England cricket fan in the stands, a little tribute to something poignant and defiant about the human need to keep trying, to keep making the best of it, to dig in and get through til tea.
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Greenbrook TMS Provides Update on Share Consolidation and Appointment of Stephan Roker to the Board – Yahoo Finance
Posted: at 9:17 am
Greenbrook TMS Inc. (TSX: GTMS) ("Greenbrook" or the "Company") is pleased to announce that its shareholders have approved a special resolution for an amendment to the Companys articles and has authorized a consolidation (the "Share Consolidation") of the Companys outstanding common shares ("Common Shares"). The resolution was approved at the special meeting of shareholders held earlier today (the "Special Meeting").
Share Consolidation
At the Special Meeting, Greenbrooks shareholders approved the Share Consolidation on the basis of a ratio that will permit the Company to qualify for a potential secondary listing on the NASDAQ Stock Market LLC ("NASDAQ"). The Share Consolidation was approved by approximately 99.96% of the votes cast by Greenbrook shareholders eligible to vote at the Special Meeting.
The board of directors of the Company (the "Board") intends to implement the Share Consolidation on the basis of one (1) post-consolidation Common Share for every five (5) pre-consolidation Common Shares and has selected February 1, 2021 as the effective date for the Share Consolidation (the "Effective Date"). The Common Shares are expected to begin trading on a post-consolidation basis on the Toronto Stock Exchange (the "TSX") on or about February 4, 2021 under its current trading symbol "GTMS", subject to final approval from the TSX.
No fractional Common Shares will be issued as a result of the Share Consolidation. Any fractional interest in Common Shares that would otherwise result from the Share Consolidation will be rounded up to the next whole Common Share, if the fractional interest is equal to or greater than one-half of a Common Share, and rounded down to the next whole Common Share if the fractional interest is less than one-half of a Common Share. The exercise price and number of Common Shares issuable upon the exercise of outstanding stock options, warrants or other convertible securities will be proportionately adjusted to reflect the Share Consolidation in accordance with the terms of such securities.
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Further details regarding the Share Consolidation are provided in the Companys management information circular dated December 4, 2020 (the "Circular").
Letters of transmittal with respect to the Share Consolidation were mailed to registered shareholders with the Circular on or about December 15, 2020 advising that, following the effectiveness of the Share Consolidation, registered shareholders should surrender their existing share certificates (representing pre-consolidation Common Shares) for replacement share certificates (representing post-consolidation Common Shares). Until surrendered, each existing share certificate will be deemed as of the Effective Date, for all purposes, to represent the number of Common Shares to which the holder thereof is entitled as a result of the Share Consolidation.
Registered shareholders may obtain copies of the letter of transmittal by contacting Greenbrooks transfer agent, Computershare Investor Services Inc., or under Greenbrooks profile on SEDAR at http://www.sedar.com.
Non-registered shareholders who hold their Common Shares through an intermediary such as a bank, trust company, securities dealer or broker should note that these intermediaries may have their own procedures for processing the Share Consolidation which may differ from those described above for registered shareholders. Non-registered shareholders who have questions should contact their intermediary for more information.
Greenbrook has applied to list the Common Shares on NASDAQ under the symbol "GBNH." Completion and timing of the proposed listing on NASDAQ is dependent upon satisfaction of all necessary listing requirements and completion of review by the U.S. Securities and Exchange Commission, but is currently targeted for early 2021. The Company will provide further updates in due course.
In addition to the Share Consolidation, at todays Special Meeting shareholders also approved amendments to the Companys by-laws to, among other things, increase the quorum requirement for shareholder meetings, as well as an amendment to the Companys articles to allow the Board to appoint additional directors not exceeding one third of the number of directors elected at the previous annual meeting of shareholders. Each of these amendments were approved by approximately 99.99% of the votes cast by all Greenbrook shareholders eligible to vote at the Special Meeting. Further details regarding these amendments are provided in the Circular.
Board Appointment
Greenbrook is also pleased to announce the appointment of Stephan Roker to the Board, effective immediately. The appointment of Mr. Roker increases the size of the Board to nine members.
Mr. Roker has over 20 years of executive leadership experience. His management experience spans a range of functions including Sales & Marketing, Operations Management, Business Process Improvement, and Strategy. Previously, he was Senior Vice President of Service Operations at Independence Blue Cross where he led business functions such as Enrollment, Benefits, Claims, Customer Service, Appeals, Quality Assurance, and Vendor Management. Prior to joining Independence Blue Cross, Mr. Roker was Senior Vice President for Bank of America Card Services, where he was responsible for risk management, underwriting, and U.S. credit and business cards lines of credit.
Mr. Roker currently serves as board chair of EducationWorks, a non-profit organization committed to helping Philadelphia area students and their families in economically disadvantaged communities. He also serves on the board of Devereux Advanced Behavioral Health, a non-profit organization committed to helping children and adults with behavioral health challenges, and on the board of Brighter Horizon Foundation, a non-profit organization that provides college scholarships to high school students. Mr. Roker received a Bachelor of Arts degree in Political Science from the State University of New York at Stony Brook and a Master of Business Administration degree from the New York Institute of Technology.
About Greenbrook TMS Inc.
Operating through 125 Company-operated treatment centers, Greenbrook is a leading provider of Transcranial Magnetic Stimulation ("TMS") therapy, an FDA-cleared, non-invasive therapy for the treatment of Major Depressive Disorder and other mental health disorders, in the United States. TMS therapy provides local electromagnetic stimulation to specific brain regions known to be directly associated with mood regulation. Greenbrook has provided more than 510,000 TMS treatments to over 14,000 patients struggling with depression.
Cautionary Note Regarding Forward-Looking Information
Certain information in this press release, including with respect to the Effective Date of the Share Consolidation, receipt of final approval from the TSX, the date that Greenbrook expects the Common Shares to commence trading on a post-consolidation basis, and the proposed listing on NASDAQ, constitute forward-looking information. In some cases, but not necessarily in all cases, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "is positioned", "estimates", "intends", "assumes", "anticipates" or "does not anticipate" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", "will" or "will be taken", "occur" or "be achieved". In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent managements expectations, estimates and projections regarding future events.
Forward-looking information is necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by the Company as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to the factors described in greater detail in the "Risk Factors" section of the Companys current annual information form available at http://www.sedar.com. These factors are not intended to represent a complete list of the factors that could affect the Company; however, these factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210112006051/en/
Contacts
Glen AkselrodInvestor RelationsGreenbrook TMS Inc.
Contact Information:investorrelations@greenbrooktms.com 1-855-797-4867
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Part two: FX and hedging for SMEs – between a rock and a hard place – Finextra
Posted: at 9:17 am
FX execution and hedging have been a widely mismanaged feature of small and medium-sized enterprises (SMEs) for years, with no automation or analytics and high transaction costs.
The need for a modern, comprehensive and cost-effective TMS
In many regards, treasury management remains hindered by increasingly outdated and fragmented processes. This becomes all the more apparent as other areas of finance move ahead in terms of efficiency, customer satisfaction and cost-saving benefits resulting from fintech adoption.
A survey by CitisTreasury Diagnostics division[1]found that over half of respondents believe their treasury management system (TMS) does not support financial risk management processes. Furthermore, nearly two-thirds of respondents are looking at new opportunities across the treasury function as a result of emerging technologies.
The need for a modern TMS that offers a comprehensive and holistic approach incorporating the full package has never been more important. If corporate treasurers continue to suffer from old, cumbersome technology and extortionate fees remain the norm, the effectiveness of their organisations broader risk management and cash flow strategy will be hampered.
The ability to buy and sell currencies, effective hedging and risk management, real-time cash flow management, international multi-currency bank accounts and fast payments all in one place underpinned by cutting-edge fintech and with appropriate regulatory oversight should not be restricted to a handful for large corporations.
An ecosystem and infrastructure fit for the fintech revolution
Fintech innovation has transformed financial services at a rapid pace, enhancing customer experiences and accessibility and making services faster and more streamlined. As a result, costs have fallen, barriers to entry have been reduced and new entrants have emerged to take on the incumbents.
Yet, amidst the rise of challenger banks and alternative payment providers, relatively few innovations have found their way into the corporate treasury space.
Take international payments and bank accounts, for example. In an increasingly globalised world, very few companies operate using a single currency. Despite this, making international payments remains a costly and cumbersome process, and multi-currency accounts remain inaccessible, require manual input to operate and take weeks to open.
This is hard to justify when supply chains and customers span multiple nations, currencies and continents treasurers need an equally global bank account that is fit for purpose.
To address these issues, treasurers have sought to utilise different platforms and integrated technology systems to ramp up efficiency and automation, while reducing costs. But this has only created layers upon layers of complex technology systems, processes and plugins.
This approach is not sustainable it increases maintenance costs and hinders operational stability in the long-term. If one cog in the machine breaks down, the knock-on effects could be disastrous.
Buying your way out of a problem that has hampered corporate treasurers for decades is not the answer its not the number of plugins, add-ons and systems that will bring corporate treasury into the twenty-first century, but the functionality, interoperability, security and ease of use of a treasury management system. This has become even more critical as treasurers become accustomed to working remotely.
Put simply, enabling treasurers to perform all of their key functions without having to switch between different platforms and technology providers is crucial. The days of plugin tangles and convoluted processes are over.
In order to fully address the pain points faced by treasurers today, modern systems and platforms must address the lack of availability and high costs associated with multi-currency accounts, payment processing and FX conversion fees.
There is a huge opportunity to streamline existing processes and access all of the key services treasurers need multi-currency IBANs, automated payments and collections, FX hedging and risk management and enhanced security from one comprehensive dashboard. With the technology and knowledge available today, such services recognise the digital and global requirements of a modern, global corporate treasury division.
Getting bang for your buck
SMEs are the engines of the global economy, but this segment of the market has historically been overlooked by fintech revolution that instigated a wave of business and product innovation over the past decade or two.
FX execution and hedging have been widely mismanaged features of small and medium-sized enterprises (SMEs) for years, with no automation or analytics and high transaction costs.
That is now changing. With some banks choosing to leave this space and other incumbents failing to adapt to the new technology landscape, it has left a gap in the market for new fintech solutions to take their place.
Of course, nothing in life is free and the concept of paying a fee in return for receiving a service is embedded into our day-to-day lives. But the fees paid should offer value for money and align with the quality of service received.
Crucially, corporate treasurers are the 99% of businesses who are now charged fees that mirror what we see at the top and bottom end of the market typically below 0.5% in some cases.
This coincides with the emergence of TMSs using nimble and modern technology that is accessible to corporate treasurers of all sizes. Through the efficiencies offered by modern technology, these systems offer the same services and tools available to those at the top end of the market, but at the fraction of the cost.
It's been a long-time coming, but corporate treasurers are finally getting bang for their buck.
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Part two: FX and hedging for SMEs - between a rock and a hard place - Finextra
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