Pod #1: iGB Live! and Betsson Malta CEO Jesper Svensson

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Marketing Marketing Welcome to the first edition of the iGaming Business Podcast, recorded during iGB Live! in Amsterdam last week.In this first episode, Square In The Air’s James Bennett joins the iGB editorial team to discuss the news. The trio discuss whether the Italian ad ban is a portent of the future in the UK, what’s on the horizon in the US and how operators benefited from this year’s World Cup.This month’s interview is with Betsson Malta CEO Jesper Svensson, who took full control of the operational side of the group in December as founder Pontus Lindwall returned to the helm. Dialling in from his Malta base Svensson describes the operator’s ‘back on track’ strategy and how efficiency and consolidation are the focus as it seeks to boost organic growth. Speaking the day after Betsson’s interim results were published, he reflects on the companies improving margins and looks to future opportunities in live casino and on the operator’s “home turf “of Sweden.Sponsored by: Subscribe to the iGaming newslettercenter_img Email Address Pod #1: iGB Live! and Betsson Malta CEO Jesper Svensson 25th July 2018 | By Mathew Hutchingslast_img read more

IPL 2021: ‘Shreyas Iyer will walk in as captain when IPL…

first_img Cricket RELATED ARTICLESMORE FROM AUTHOR ISL: Sunil Chhetri extends Bengaluru FC stay until 2023 Cricket Bengaluru by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikePhotoStickHow To Back Up All Your Old Photos In SecondsPhotoStickUndocio.comUnlocking the Success of Digital Transformation with Active Intelligencecio.comUndoCapital One ShoppingThis hack can uncover JOANN discounts you don’t know aboutCapital One ShoppingUndo<span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span>Also Read: Shreyas Iyer injury update: Shreyas Iyer shares recovery video; says “Work in Progress”- Check outShreyas Iyer was made the Delhi Capitals captain in 2018 after Gautam Gambhir midway through the season. Since then, he has been successful as DC skipper, leading the team to play-offs in IPL 2019 and final in the IPL 2020 where they lost to Mumbai Indians.While Rishabh Pant’s fantastic last 7-8 months went in his favour, making him the youngest captain in IPL, he is still an acting captain and once Shreyas Iyer returns from injury, he will take over without a doubt according to Aakash Chopra.Also Read: SL vs IND: Shreyas Iyer likely to miss ODI and T20 series against Sri Lanka“Rules are definitely not like that once you are ruled out, you cannot come back. When fit and available, come back and play,” Aakash Chopra added.Since debuting in IPL 2015, scoring 439 runs in 14 matches for the Delhi franchise, he has been consistent. In the last four seasons, he has averaged over 300 runs, scoring at an average of 30+. The captaincy responsibility has also worked wonders for the young Mumbai batsman. In IPL 2020, Iyer scored 519 runs giving Delhi Capitals the solidity in the top-order.Currently, Iyer is recovering and won’t unlikely to be available for India’s Tour of Sri Lanka in July for a 3-match ODI and T20I series. Rishabh Pant on the other hand will be with Team India in England for the 5-match England Test series during the time.For more sports updates, follow us at insidesport.co and Moneyball for IPL players’ salaries. WTC Final Live- Ind vs NZ: Kyle Jamieson bags 5th five-wicket haul in 8th Test, rattles India in WTC final Formula 1 WTC Final LIVE: Muttiah Muralitharan voted ‘Greatest Men’s Test Bowler’ of 21st century WTC Final 2021: India vs New Zealand Full Squad, Schedule, Live Streaming, Date, Time, Venue all you need to know World Test Championship final Wimbledon 2021 LIVE streaming: When, where and how to watch year’s third Grand Slam’ in you country, India Previous articleMurder का आरोप लगने के बाद हरिद्वार में योगगुरु के आश्रम में छुपे हैं पहलवान सुशील कुमारNext articleTokyo Olympics: KT Irfan and four other Olympic-bound Indian track athletes test Covid-19 positive Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. IPL 2021: ‘Shreyas Iyer will walk in as captain when IPL resumes,’ Aakash Chopra hints at replacing Pant as DC skipper Cricket Latest Sports News Cricket WI vs SA 2nd Test Day 3 Live: Start delayed due to rain, SA lead by 149 runs – Follow Live Updates Share on Facebook Tweet on Twitter Facebook Twitter By Kunal Dhyani – May 14, 2021 Cricket IPL 2021: ‘Shreyas Iyer will walk in as captain when IPL resumes,’ Aakash Chopra hints at replacing Pant as DC skipper IPL 2021 – Akash Chopra on Delhi Capitals Captaincy: Shreyas Iyer’s injury rattled Delhi Capitals as the batsman was ruled out of IPL 2021 with a dislocated shoulder that needed surgery. After much discussions and speculations, Rishabh Pant was made the captain of the tournament. While he did well with the backing of senior players including Ajinkya Rahane, Steve Smith and coach Ricky Ponting, taking the team to the top spot on Points Table with six wins in 8 matches, former India opener Aakash Chopra believes when the IPL 2021 resumes, Iyer will take charge from Pant, replacing him as the skipper.“Hundred percent. There is no doubt about it. Fit and available, Shreyas Iyer walks in as a captain, bats at No 3. Then you can play Nortje alongside Rabada, Shimron Hetmyer, Marcus Stoinis. Suddenly the Delhi team, which is already very strong and is at No 1 at the moment, will become even more strong,” Aakash Chopra said answering questions from fans on his YouTube channel. TAGSAakash ChopraDC IPL 2021Delhi CapitalsDelhi Capitals CaptainIPL 2021IPL 2021 suspendedRishabh PantShreyas Iyer SHARE F1 French GP 2021 Live: Max Verstappen comes for 2nd pit stop, Hamilton retakes lead- Follow Live Updates Cricket Football MoneyPailShe Was A Star, Now She Works In ScottsdaleNow she has a normal job.MoneyPail|SponsoredSponsoredUndoSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Ads|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndoYourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndo Tokyo Olympics: BCCI provides fuel in Indian Olympic flame, to contribute Rs 10 crore WTC Final Day 3 LIVE Score: Latham, Conway provide steady start to Kiwis; NZ 19/0 (10 ovs); Follow Live Updates CricketIndian premier leagueIndian Premier League 2021Latest Sports News Euro 2020, Switzerland vs Turkey LIVE: Switzerland to punish hapless Turkey; Follow Live Updates last_img read more

Transnational Corporation of Nigeria PLC (TRANSC.ng) HY2020 Interim Report

first_imgTransnational Corporation of Nigeria PLC (TRANSC.ng) listed on the Nigerian Stock Exchange under the Industrial holding sector has released it’s 2020 interim results for the half year.For more information about Transnational Corporation of Nigeria PLC (TRANSC.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Transnational Corporation of Nigeria PLC (TRANSC.ng) company page on AfricanFinancials.Document: Transnational Corporation of Nigeria PLC (TRANSC.ng)  2020 interim results for the half year.Company ProfileTransnational Corporation of Nigeria Plc is a diversified conglomerate with business interests in the power generation, hospitality, agriculture and oil and gas sectors. It owns and operates Transcorp Hilton Hotel in Abuja and Transcorp Hotel in Calabar. In the agriculture sector, the company produces orange and pineapple concentrates, mango puree and orange peel oil. It also grows food crops and fodder crops. In the energy sector, the company is involved in upstream petroleum development and has interests in exploring, refining and marketing oil and gas. Other business interests include generating electric power; maritime operations and supplying products for the mining and construction sectors which includes stone, sand, lime and iron. Transnational Corporation of Nigeria Plc’s head office is in Lagos, Nigeria. Transnational Corporation of Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

5 Ways to Detox Your Spirit from this Presidential Election

first_img Florida gas prices jump 12 cents; most expensive since 2014 Please enter your name here Repeat after me—“all will be well.” Julian of Norwich’s famous saying applies here. Have faith that this election is not the end of the world! Have faith in the people of the United States to collectively make a decent choice. Have faith that our system—though far from perfect—has checks and balances aplenty and if it is broken (in many ways it is) we the people can move to fix it. If faith moves mountains, then let’s practice some of that faith and see what happens.I also hope you have someone in your life you can go through this detox. It helps to have a good listener around when you need to vent your election frustrations. Don’t forget, spiritual directors are trained to listen—without judgment—as you reflect on all aspects of life. If you need the support, I hope you seek it out.Teresa Blythe is an ordained United Church of Christ minister, and received an M.Div. and Diploma from the San Francisco Theological Seminary in 2000. Mama Mia 2 COMMENTS Practice humility. It’s in short supply and the ripple effect of people laying down their proverbial “swords and shields” will help our nation heal, especially after the election is over. It’s healthy to admit that you don’t know everything and what you do know could be wrong. There is such a thing as unintended consequences. So no matter who is elected—no matter how much we love or loathe them—we have no idea how their actions or policies will actually play out in the future. Remembering that makes us humble. Reply Save my name, email, and website in this browser for the next time I comment. TAGSelectionSpiritual Detox Previous article4 Ways to Make Extra Money by Using Social MediaNext articleApopka teacher arrested, charged with 22 counts Denise Connell RELATED ARTICLESMORE FROM AUTHOR Share on Facebook Tweet on Twitter UF/IFAS in Apopka will temporarily house District staff; saves almost $400,000 You have entered an incorrect email address! Please enter your email address here Mama Mia Gov. DeSantis says new moment-of-silence law in public schools protects religious freedom Please enter your comment! October 30, 2016 at 9:26 pm Feeling addicted to political news and commentary? If so you’re not alone.  You may need a spiritual detox from the ridiculous amount of information coming at you daily. You may need some help weaning yourself off watching your smartphone for breaking news. You probably need a break from clearing your email inbox of frantic requests for donations. Your system may need you to hit the reset button.Here are five ways to detox from this election:Vote early and get it over with. There are probably not going to be any surprises greater than what we’ve already learned about both candidates. Vote, be done with it, and let the stress go. Take media breaks. Some people I know fast completely from media for a few days. Others are selective—they might watch the evening news but not spend hours on Facebook and Twitter. Reflect on what kind of media hypes you up the most and cut back on that. For me, it’s smartphone news updates. I’m going to have to disable those pesky notifications (that appeared without my consent) so that I’m not tempted to click on them every time I see the icon at the top of my phone. No more allowing smartphone news to ruin my lunch breaks! The presidential candidates and their croonies can’t stay away from Florida. That are hungry for the Florida votes. Trump, Hillary, Pence, Bill Clinton, Kaine, and Biden. They are wearing out the tarmac landing and taking off. You would think this is the only state in the nation. They want to win Florida badly!!! LEAVE A REPLY Cancel reply October 31, 2016 at 10:12 pm Free your mind and the rest will follow. At least, that is what the saying states. How can you detox from this rabid political election and the rest of the political elections that are obviously going down the toilet in terms of decency? The election countdown clock that keeps ticking away is what is giving me anxiety. The doomsday deadline. Not unlike the past, with the Y2K scare, that the world was going to be in some serious turmoil come the New Year on Jan. 1, 2000. We survived, but some very serious happenings have besieged our planet since that date, and our daily lives are not as trouble- free as before, so maybe there was something to the Y2K, as the biblical researchers predicted. The world didn’t come to a crashing halt, but just look at the world happenings now, and how badly everything is getting, sad to say. Pray for all involved. Prayer is so much better for us than worrying or gnashing our teeth in anger.  Our minds, bodies and spirits are much calmer when we choose contemplation over consternation. Jesus taught us to love and pray for our enemies, so if you feel one or more of the candidates is your enemy, pray for them. Take time from the news and re-posting to prayBy Teresa Blythe Reply last_img read more

Match winning try scored by boy with Down Syndrome goes viral

first_imgSunday Dec 14, 2014 Match winning try scored by boy with Down Syndrome goes viral Last week we shared this heartwarming story on our social media pages, only to then be blown away by the incredible response from the rugby loving public. The story has since gone viral, so today we’re archiving it here for those of you who missed it. The story was captured by a teacher at Ysgol Brynhyfred secondary school in North Wales.It features a match winning try against Ysgol Y Berwyn, but what isn’t clear at first is that fact that the boy who scored it, Ethan Morris, has Down Syndrome.Scott Pollington Woods, manager of the Down Syndrome Association’s DS Active programme, told ITV that he has never seen anything like it.“It’s fantastic to see players from both teams not only including him but allowing him to shine. People with Down’s Syndrome, as a result of the condition, often find it difficult to participate in mainstream and even PAN disability sports,” he said.The story goes that players on both teams spoke to their teachers before the match in the hope of giving Ethan an opportunity to play the game he’s always wanted to play. Kudos to them.The support and love shown for this wonderful achievement exemplifies the values of rugby. If you’d like to have an emotional read through the reaction, including comments from his mother and others, you can do so on our Facebook page here.ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error See it to Believe it Related Articles 25 WEEKS AGO WATCH: Experts explain what actually happens… 26 WEEKS AGO WATCH: Leigh Halfpenny makes yet another… 26 WEEKS AGO Parisse alley-oop magic sets up brilliant… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living10 Types of Women You Should Never MarryNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

HMRC makes £2m of grants to voluntary sector

first_imgHMRC makes £2m of grants to voluntary sector  32 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Funding HMRC Howard Lake | 19 June 2011 | News HM Revenue & Customs (HMRC) is to give £2 million a year for the next four years to support people needing help with their taxes, benefits and tax credits. It has awarded 17 grants to 10 voluntary and community sector organisations working across the UK.Stephen Banyard, Acting Director General for Personal Tax, said: “The money goes to provide independent, trustworthy support for vulnerable people and those on low incomes, to help sort out their entitlements and tax problems.“The organisations we are funding provide support to people who may not normally come to HMRC for help and advice but who may need a helping hand understanding what benefits and credits they are entitled to claim and how the tax system affects them. For example, some of the funding will go to organisations such as Citizens Advice and Tax Help for Older People, who can help those who have worries about their finances and taxes.”Other grant recipients include TaxAid and Gingerbread.HMRC’s funding programme is open to applications from social enterprises, co-operatives, large and small mutuals, in addition to voluntary and community organisations and charities. It has operated a multi-year funding commitment since 2007/08. The current funding runs over the four years 2011/12 to 2014/15.www.hmrc.gov.uk/vcs/grant-funding-news.htmlast_img read more

Alabama warehouse workers take on Amazon

first_imgAmazon workers at a Bessemer, Ala., warehouse took a big step toward organizing the first union ever in that behemoth company, when the National Labor Relations Board green-lighted their request for a unionization vote. Bessemer is a former steel-producing city adjoining Birmingham.On Dec. 18 the NLRB affirmed it was “administratively satisfied that there is a sufficient showing of interest to proceed,” in a statement by Terry D. Combs, assistant director for the agency’s Atlanta region.The BAmazon union, as local organizers dubbed it, goes forward with the Retail, Wholesale and Department Store Union. The RWDSU has a strong Southern membership, with 6,000 in the Mid-South Council based in Birmingham.Organizers’ main demands are to increase bargaining power, especially in “safety standards, training, breaks, pay, benefits.” (bamazonunion.org) The workload in Amazon warehouses is physically and mentally grueling, with the pace set to match what a machine could do.On the BAmazon website, organizers report: “We face outrageous work quotas that have left many with illnesses and lifetime injuries. With a union contract, we can form a worker safety committee and negotiate the highest safety standards and protocols for our workplace.”For workers to petition the NLRB to set a vote, at least 30% of workers have to sign a nonbinding “union card.” To ask the NLRB for vote authorization, organizers would usually have even more worker support — if possible a strong majority.The potential of a Bessemer victory is heightened by Amazon’s vulnerability to organized labor action during the COVID-19 pandemic. Unlike manufacturing production, which can be moved out of state or even overseas, Amazon needs its merchandise warehoused near customers — ideally for “last mile delivery.” Amazon can’t stockpile packages and wait out a strike or protest — that would upend its “instant shipping” promise.The pandemic pressure on increased online shopping makes warehouse workers more essential than ever — and gives these workers more weight and incentive to organize against their bosses.Amazon will fight back against the warehouse workers — and fight dirty. The company has fired countless workers during other organizing attempts. (See Workers World, “Interview: Amazon worker battles billionaire Bezos,” April 7)Documents leaked from Amazon’s Global Security Operations Center show the company has monitored union-organizing activity of workers and hired Pinkerton union-busting operatives to gather intelligence on warehouse workers. (Vice, Nov. 23, tinyurl.com/yxcpmzqh)Despite reactionary right-to-work-for-less laws and pressure in Alabama, the state has a militant tradition of workers organizing, especially Black workers. From 1928 to 1951 the Communist Party USA organized throughout Alabama — from the Sharecroppers Union to the Metal Workers Industrial League. (See Workers World, “Lessons of ‘The Hammer and the Hoe,’” Dec. 21, 2017)Earlier in 2020, Birmingham city bus drivers, members of Amalgamated Transit Union Local 725, walked out to protest lack of adequate COVID-19 protection measures. Alabama, of course, was the site of the historic 1955-56 Montgomery bus boycott, when Black workers and the entire Black community walked to work for 381 days to end segregated bus service in the state and ultimately in the U.S.Here’s to victory for Alabama workers — winning against billionaire Jeff Bezos and his behemoth Amazon! FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Titan Medical Reports Year-End 2020 Financial Results

first_imgLocal NewsBusiness TAGS  Pinterest Previous articleIn Israel and beyond, virus vaccines bring political powerNext articleJuniper Research: Smart Traffic Management to Significantly Reduce Congestion and Emissions; Saving Cities $277 Billion by 2025 Digital AIM Web Support Twitter TORONTO–(BUSINESS WIRE)–Feb 22, 2021– Titan Medical Inc. (“Titan” or the “Company”) (TSX: TMD) (Nasdaq: TMDI), a medical device company focused on the design and development of surgical technologies for robotic single access surgery, today announced the release of its annual financial results for the years ended December 31, 2020 and 2019. During the year ended December 31, 2020, the Company generated revenue of $20.0 million, resulting from development and license agreements with Medtronic plc, and raised aggregate net proceeds of approximately $22.0 million from equity financings and approximately $2.7 million from the exercise of warrants. The Company also received a $1.5 million 8% senior secured loan from an affiliate of Medtronic. On December 31, 2020, the Company had cash and cash equivalents of approximately $25.5 million, compared to approximately $0.8 million on December 31, 2019. Since December 31, 2020, the Company has received approximately $10.0 million from the exercise of warrants and net proceeds of approximately $10.2 million from a financing which closed on January 26, 2021. The Company’s cash position was $42.5 million on January 31, 2021. In addition, the Company has also announced another financing with aggregate gross proceeds of $20.0 million, which is expected to close by the end of February 2021. “The progress made in the second half of 2020 resulted in an incredible year of accomplishments to position Titan for success. Recently announced financing arrangements and warrant exercises add to that progress, further strengthening our cash position to support the development of the Enos™ robotic single access surgical system, as we prepare to commence human clinical studies.” said David McNally, President and Chief Executive Officer of Titan. “During 2020, we also executed a license agreement and a separate development and license agreement with Medtronic, resulting in the Company’s first revenue of $20.0 million, by way of license payments. We believe Titan is in an excellent position to validate our vision of providing an innovative single access robotic surgical system. We are proud of our progress and recognize that our success is a direct result of the commitment and hard work of our entire team.” Business highlights for the fourth quarter of 2020 and recent weeks include:On October 7, 2020, the Company announced the election of Paul Cataford, Anthony J. Giovinazzo, and Cary G. Vance as independent members to its board of directors.On October 26, 2020, the Company announced the achievement of a $10.0 million technical milestone under a development and license agreement with Medtronic.David McNally, President and CEO of Titan, presented a corporate overview and the Enos surgical system to a live virtual audience at the Benzinga Global Small Cap conference on December 9, 2020.On December 24, 2020, the Company received written notification from The Nasdaq Stock Market LLC that it had cured the bid price deficiency and regained full compliance with all applicable criteria for continued listing and trading on The Nasdaq Capital Market.On December 30, 2020, the Company announced that it received a written response from the U.S. Food & Drug Administration to its Request for Information in accordance with Section 513(g) of the U.S. Federal Food, Drug and Cosmetic Act, indicating that while the FDA’s response does not constitute a classification decision, based on information provided to the agency, the Enos system is appropriate for classification through the De Novo pathway.On January 26, 2021, the Company announced the closing of an offering of 6,451,613 units of the Company sold on a “bought deal” basis whereby Bloom Burton Securities Inc. acted as underwriter for the offering and exercised its over-allotment option in full for an additional 967,741 units resulting in aggregate gross proceeds to the Company of approximately $11.5 million.On February 2, 2021, the Company announced it had entered into an agreement with underwriters Bloom Burton Securities Inc. pursuant to which Bloom Burton agreed to purchase, on a “bought deal” basis, 6,250,000 units of the Company at a price of $2.40 per Unit for aggregate gross proceeds of $15.0 million.On February 3, 2021, the Company announced it had entered into an agreement with Bloom Burton Securities Inc. to increase the amount of its previously announced offering of February 2, 2021, to 8,335,000 units of the Company at a price of $2.40 for aggregate gross proceeds of $20.0 million.On February 16, 2021, the Company launched “Titan Living Labs”, a new media-rich addition to its website providing access to stories behind the design, engineering and innovative technologies employed by Titan Medical’s engineering team for the Enos surgical system. Financial results for the twelve months ended December 31, 2020 include: Net and comprehensive loss for the year ended December 31, 2020, was $24.2 million or $0.36 per share, compared to a net and comprehensive loss of $41.9 million, or $1.37 per share, for the year ended December 31, 2019. These figures included research and development expenditures of $7.7 million for 2020 and $51.4 million for 2019, as well as a non-cash loss on change in the fair value of warrants of $27.9 million in 2020 and a non-cash gain on change in fair value of warrants of $19.8 million in 2019. The Company also had an aggregate gain on settlements with suppliers of $2.5 million in 2020. The net and comprehensive loss for the three months ended December 31, 2020 was $20.6 million, compared with a net and comprehensive gain of $2.4 million, for the three months ended December 31, 2019. The comparative increase in comprehensive loss was primarily due to an increase in non-cash loss on the fair value of warrants of $29.8 million, and an increase of $3.4 million in research and development expenses after the Company secured additional financing, offset by $10.0 million in revenue from the development and license agreement with Medtronic, all in the three months ended December 31, 2020. Cash and cash equivalents as of December 31, 2020 were $25.5 million, compared with cash and cash equivalents of $0.8 million as of December 31, 2019. At December 31, 2020, current liabilities, excluding warrant liability, were $6.6 million compared with $11.4 million as of December 31, 2019. At December 31, 2020, the Company had working capital of $20.4 million compared to a working capital deficit of $9.7 million at December 31, 2019. The Company has disclosed in its management’s discussion and analysis in respect of the 2020 annual financial year (“2020 MD&A”) that during the preparation of its financial statements for the year ended December 31, 2020, management became aware of certain errors in the calculation of asset and liability balances and the appropriate IFRS application and disclosure required for an amendment to a contract with an external development firm. After adjusting the financial statements of the Company as at and for the year ended December 31, 2020, the Company has concluded that the audited consolidated financial statements as at and for the year ended December 31, 2020 present fairly, in all material respects, the Company’s financial position, results of operations, changes in equity and cash flows in accordance with IFRS. As the 2020 MD&A outlines, the Company identified a material weakness in its controls in 2020 and has developed a remediation plan which includes the following: i) engagement of one or more qualified and independent consulting firms with subject matter experts to assist with the Company’s internal accounting and reporting over complex accounting issues; ii) implementation of business information systems to support the work associated with the valuation and reporting of the warrant liabilities and other equity-based securities; and iii) the hiring of additional resources. The consolidated financial statements for the year ended December 31, 2020, and December 31, 2019, have been prepared in accordance with International Financial Reporting Standards and International Accounting Standards as issued by the International Accounting Standards Board (“IASB”) and interpretations (collectively “IFRS”) and may be viewed at www.sedar.com and at www.sec.gov. Investor Audio Webcast Information Titan Medical will host an investor audio webcast at 4:30 p.m. ET today (February 22, 2021) to discuss the Company’s annual financial results for the years ended December 31, 2020 and 2019, and business highlights. The webcast can be accessed in the Investor Relations section on the Company’s website at www.titanmedicalinc.com. About Titan Titan Medical Inc., a medical device company headquartered in Toronto, is focused on developing robotic assisted technologies for application in single access surgery. The Enos™ system, by Titan Medical, is being developed with dual 3D and 2D high-definition vision systems, multi-articulating instruments, and an ergonomic surgeon workstation. With the Enos system, Titan intends to initially pursue gynecologic surgical indications. Certain of Titan’s robotic assisted surgical technologies and related intellectual property have been licensed to Medtronic plc, while retaining world-wide rights to commercialize the technologies for use with the Enos system. Enos™ is a trademark of Titan Medical Inc. For more information, visit www.titanmedicalinc.com. Forward-Looking Statements This news release contains “forward-looking statements” within the meaning of applicable Canadian and U.S. securities laws. Such statements reflect the current expectations of management of the Company’s future growth, results of operations, performance and business prospects and opportunities. Wherever possible, words such as “may”, “would”, “could”, “will”, “anticipate”, “believe”, “plan”, “expect”, “intend”, “estimate”, “potential for” and similar expressions have been used to identify these forward-looking statements, including references to: the Company being focused on the design and development of surgical technologies for robotic single access surgery; the Company’s 2020 accomplishments position the Company for success; the Company’s preparation to commence human clinical studies; the Company’s belief that it is in an excellent position to validate its vision of providing an innovative single access robotic surgical system; the FDA’s indication that the Enos system is appropriate for classification through the De Novo pathway; the Company’s financing with aggregate gross proceeds of $20.0 million; the expected engagement of one or more qualified and independent consulting firms, the expected implementation of business information systems to support the work associated with the valuation and reporting of the warrant liabilities and other equity-based securities, and the expected hiring of additional resources; the Enos system being developed with dual 3D and 2D high-definition vision systems, multi-articulating instruments, and an ergonomic surgeon workstation; Titan’s intention to initially pursue gynecologic surgical indications with the Enos system; the license of certain of Titan’s robotic assisted surgical technologies and related intellectual property to Medtronic plc, while retaining world-wide rights to commercialize the technologies for use with the Enos system. These statements reflect management’s current beliefs with respect to future events and are based on information currently available to management. Forward-looking statements involve significant risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, without limitation, those listed in the “Risk Factors” section of the Company’s Annual Report on Form 20-F for the fiscal year ended December 31, 2019 and the Company’s 2020 annual management’s discussion and analysis (which may be viewed at www.sedar.com and at www.sec.gov ). Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance, or achievements may vary materially from those expressed or implied by the forward-looking statements contained in this news release. These factors should be considered carefully, and prospective investors should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in the news release are based upon what management currently believes to be reasonable assumptions, the Company cannot assure prospective investors that actual results, performance or achievements will be consistent with these forward-looking statements. Except as required by law, the Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise. View source version on businesswire.com:https://www.businesswire.com/news/home/20210222005537/en/ CONTACT: Monique L. Delorme Chief Financial Officer +1-416-548-7522 [email protected] KEYWORD: UNITED STATES NORTH AMERICA CANADA INDUSTRY KEYWORD: SURGERY MEDICAL DEVICES HEALTH OTHER TECHNOLOGY TECHNOLOGY SOURCE: Titan Medical Inc. Copyright Business Wire 2021. PUB: 02/22/2021 08:56 AM/DISC: 02/22/2021 08:56 AM http://www.businesswire.com/news/home/20210222005537/enCopyright Business Wire 2021. WhatsApp Facebookcenter_img Pinterest WhatsApp Twitter Facebook By Digital AIM Web Support – February 22, 2021 Titan Medical Reports Year-End 2020 Financial Resultslast_img read more

Memorial Predator Contest

first_img Previous articleGARDENING: Hardy shrubs, trees love the cool temperaturesFloyd is a horticulturist with Texas AgriLife Extension Service. He can be reached at 498-4071 in Ector County or 686-4700 in Midland County or by email at [email protected] articleThree Texas Sheriff Deputies Shot_3 Digital AIM Web Support Local News Facebook Pinterest Facebook Memorial Predator Contest Coby Slaughter Memorial Predator Contest The third annual Coby Slaughter Memorial Predator Contest is scheduled for Saturday and Sunday at the Winkler County Expo Building, Kermit. Registration will take place from 9 a.m. to 11 a.m. Saturday. Hunting starts at noon. A live auction will take place at noon on Sunday. Raffle items will also take place. Lunch will be prepared by the Wink Volunteer Fire Department. All proceeds will go to the Live Like Leeroy Scholarship fund and the Line of Duty Death Task Force. Coby Lee Roy Slaughter served with the Wink Volunteer Fire Department for nearly 20 years. He was killed in a traffic accident on Sept. 7, 2016, while responding to a call during a heavy rain storm. He is survived by his wife, Kama Slaughter and his children Makaila, Ethan, Emilee, Remington, Landree and Laramie. Entry fee is $300 and it will be 80 percent payback. Prizes will be awarded. To register early, raffle tickets, for rules or for more information, call 432-530-5536. Twittercenter_img TAGS  By Digital AIM Web Support – February 24, 2021 WhatsApp Pinterest WhatsApp Twitterlast_img read more

Partners Life Selects the FINEOS Platform for Claims

first_img Facebook Twitter DUBLIN–(BUSINESS WIRE)–Feb 24, 2021– FINEOS Corporation ( ASX:FCL ), the market-leading provider of group and individual core systems for life, accident and health insurance, today announced that Partners Life, following a comprehensive market evaluation of Claims Management System vendors, has selected the FINEOS Platform for life insurance and medical claims. The Partners Life and FINEOS partnership will bring about changes focused on replacing existing claims systems and processes with a differentiated value proposition. This will bring key operational benefits such as efficient, integrated and automated workflow processes and accurate claims covering life, TPD, trauma, income protection and medical products. Speaking about the selection, Tracey Lonergan, Partners Life Chief Claims Officer said, “Claims service is at the core of Partners Life’s business and so when we looked for a credible provider it was important that the provider had the capability, experience and infrastructure to deliver and support a Claims Management System that would integrate into the Partners Life ecosystem. Also important to us was that the selected vendor come with a strong record of successful implementations and strong support of its Claims Management System within the New Zealand and Australian life and health insurance industry. FINEOS met these requirements. Our initial collaboration has been extremely positive, and we envisage that the project will deliver high quality results” Commenting on the deal, Michael Kelly, CEO, FINEOS added, “We’re delighted that Partners Life has selected to partner with FINEOS and adopt the FINEOS Platform for life insurance and medical claims. The FINEOS Platform includes a market tested, pre-configured pack for the region known as LISA (Life Insurance Solutions Australasia). This is an exciting project for us in New Zealand and we look forward to a fast and smooth system implementation to enable the benefits of using FINEOS as early as possible thereby delivering a high-level service to its customers and independent financial advisers across New Zealand. The FINEOS Platform provides a comprehensive SaaS end to end core solution for the Global Life, Accident and Health market. Key to the solution is the rich functionality that underlies FINEOS AdminSuite, FINEOS Engage and FINEOS Insight, a common set of capabilities including workflow, rules engine, customer management, no-code/low-code configuration tools, a standardized API connection and the cloud environment powered by AWS.” About FINEOS Corporation Limited FINEOS is a leading provider of core systems for life, accident and health insurers globally with 7 of the 10 largest group life and health carriers in the US as well as 6 of the largest life insurers in Australia. With employees and offices throughout the world, FINEOS continues to scale rapidly, working with innovative progressive insurers in North America, Europe, and Asia Pacific. The FINEOS Platform provides clients full end to end core insurance administration and includes the FINEOS AdminSuite core product suite as well as add-on products, FINEOS Engage to support digital engagement and FINEOS Insight for analytics and reporting. For more information, visit www.FINEOS.com. About Partners Life Partners Life is proud to be a New Zealand operated company. Like many Kiwi companies, they began with humble beginnings as a small start-up in 2011. Since then, they’ve become a recognised industry leader in life and health insurance. Their rapid rise to the top has only been made possible because of the strong partnerships they’ve built over time with their customers and with independent financial advisers across the country. That’s why they’re called Partners Life. Their focus is on protecting Kiwi families and businesses. People need insurance when their lives are negatively affected by ill-health or death. This can be an incredibly stressful time for them and their families. By working with independent financial advisers, their customers can be confident that they have insurance tailored to fit them. This gives them the very best chance of getting their claims paid quickly and without any hassles. Their insurance products include life insurance, income protection, medical insurance, disability insurance, trauma cover and business risk protection. They’re an industry leader that Kiwis trust. Find out about the Solvency and Financial Strength of Partners Life. For more information, visit https://www.partnerslife.co.nz/. View source version on businesswire.com:https://www.businesswire.com/news/home/20210224005877/en/ CONTACT: Victoria Jamison Marketing Manager FINEOS Corporation + 353 1 639 9700 [email protected] KEYWORD: IRELAND EUROPE INDUSTRY KEYWORD: PROFESSIONAL SERVICES TECHNOLOGY INSURANCE HUMAN RESOURCES FINANCE SOFTWARE SOURCE: FINEOS Copyright Business Wire 2021. PUB: 02/24/2021 04:00 PM/DISC: 02/24/2021 04:01 PM http://www.businesswire.com/news/home/20210224005877/en Pinterest TAGS  Twitter WhatsApp By Digital AIM Web Support – April 6, 2021 center_img Local NewsBusiness Facebook Partners Life Selects the FINEOS Platform for Claims Pinterest WhatsApp Previous articleAT&T to Host Analyst Day on Friday, March 12Next articleKahun helps Oilers rally past Canucks 4-3 Digital AIM Web Supportlast_img read more