Does your company need D & O Insurance?
Recently, a small business owner decided it was time to put a board of directors in place for his company. After several years of growth, the owner felt a board could help focus the company’s direction. Upon learning this, several people mentioned that it was prudent to get directors and officers liability insurance.
Directors, officers, and organizations are held accountable to investors and shareholders for the financial management of the company they work for. They take strategic risks for the growth of the business. Sometimes the choices they make can impact the business negatively, which can put them at risk of being sued. This insurance can be key to your business’s risk management plan.
If you are running a public company Directors and Officers Insurance could be the deciding factor in bringing on a qualified Director.
D & O Insurance demonstrates your professionalism and ensures you’ll have protection and world class representation if you and your fellow directors are ever sued.
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Weekly Update: January 23rd, 2023
Let’s talk about debt!! Its only$246,000 per taxpayer now and the drunken sailors in DC are cranking it up an astonishing $3+ trillion a year. Now they are whispering about Social Security running out of money as well. Just like your personal finances either you pay your bills or eventually you’re bankrupt. Maybe it will go broke after I’m pushing daisies, but not so cool for our kids. The National debt has gone from $408 billion in 1922 after financing a war to $30.93 trillion in 2022. $25 trillion of that in the last 20 years. In 2012 National Debt crossed the line and went past 100% of GDP and now is at 124% of GDP. That means that using all of the economic production of the whole country it would take a year and 4 moths to pay off that bill. It is unsustainable and when the doo doo and the wall come together it is going to be some ugly. The question is just when not if. Now warnings of a recession are clearly looming big. Better try and get some savings put together and not in the stock market.
BofA warns that the US economy will begin to lose 175,000 jobs per month in Q1 of 2023, expects a ‘harder landing’ rather than a softer one — here’s why
The latest jobs report shows that the U.S. labor market is in decent shape, but Bank of America sees trouble looming in the distance.In December 2022, total nonfarm payroll employment rose by 223,000, beating economists’ expectation of a 200,000 increase. It also means that America’s job growth is heading in the right direction.
Bank of America, however, expects nonfarm payroll gains to turn negative this year. During the first quarter of 2023, the bank projects that the U.S. will be losing roughly 175,000 jobs a month.
The 21st Century Investment Bank Capital Raises + Strategic Advisory
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11-22-2022 Can B Corp. (OTC CANB)
Can B Corp. Reports Growth of 51% to $2.9 Million Revenue for Third Quarter 2022, the Highest Quarterly Revenue in Company History
Led by a Significant Increase in Duramed, Music City Botanical and Botanical Biotech Brands
Adjusted EBITDA Loss Decreased by 25% to $1.5 Million
HICKSVILLE, NY, Nov. 22, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Can B Corp. (OTCQB: CANB) (“Can B” or the “Company”), a health and wellness company specializing in developing, producing, and selling hemp-derived cannabinoid products, today announced the Company’s financial results for the third quarter and nine months ended September 30, 2022.
Key Financial Highlights for Q3 2022
- Revenue increased 51% to $2.9 million
- Gross profit increased 36% to $1.9 million
- Gross margin decreased to 64.3%
- Adjusted EBITDA loss decreased by 25% to $1.5 million
- Accounts receivable at $7.0 million
- Inventory at $2.3 million
- Total assets at $16.7 million
- Total stockholders’ equity at $4.5 million
11-15-2022 Coeptis Therapeutics, Inc. (OTC COEP)
WEXFORD, Pa., Nov. 15, 2022 /PRNewswire/ — Coeptis Therapeutics Holdings, Inc. (NASDAQ: COEP), a biopharmaceutical company developing innovative cell therapy platforms for cancer, today announced that President, Chairman and CEO Dave Mehalick and other members of the management team will ring the Nasdaq Opening Bell on Wednesday, Nov. 16, 2022.
10-11-2022 International Food and Beverage (OTC IFBC)
IFBC Accelerates Company Growth
PLAINVIEW, NY / ACCESSWIRE / October 11, 2022 / Italian Food & Beverage Corp. (OTC:IFBC): Further to its press release of September 12, 2022, is pleased to announce that it has expanded its operations into additional Western Beef locations, broadening its presence within these stores. IFBC products are accorded the highest and best visibility and are accompanied by eye-catching marketing and sales displays directly in front of the cash out stations.
In a very short time, this prized relationship with Western Beef has allowed the Company to accelerate its growth, enlarge its customer base, increase its profits, and deepen its penetration into the lucrative energy drink market. IFBC’s strategic product placement within the Western Beef chain, has resulted in a sizable uptick in repeat customer sales, as well as the acquisition of new customers from the US and elsewhere. IFBC’s exposure to Western Beef’s international customer base bodes well for IFBC as it happened during its international launch adding a distributor in Switzerland while continues its expansion in Italy where IFBC has positioned itself in several retail locations, including supermarkets and well-placed vending machines.
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|January 23, 2023 COMPANY QUOTES, LISTINGS RESEARCH AND NEWS |
Coeptis Therapeutics, Inc. Ecrid, Inc (ECDD) Profile
Antibe Therapeutics, Inc (ATBPF) Profile 11/11/2018 News
Can B Corp (CANB) Profile News
Endurance Exploration Group, Ltd (EXPL) Profile 03-26/19 News
International Food and Beverage Profile
Stock Analysis Inspired By Alternative Data Signals & A Tribute
January 17, 2023 by Herb Blank
I have spent 40 years helping to develop, research and market quantitative investment products with new twists. The advent of alternative data including the use of web-gathered information introduced new products in that regard. This has led to published papers in refereed journals such as “Using Alternative Research Data in Real World Portfolios” using data I gathered for a research firm called Brand Loyalties. Brand Loyalties produces data sets based upon luminosity (brightness) and relevance of daily website mentions of brands. The analytic techniques and exhaustively thorough mapping lexicon they have developed over the years can be eye-opening. Empirically and with several sources of outside verification, the data has outperformed all relevant indexes. They have also maintained live-on-website performance of many equally weighted thematic indices that have persistently outperformed the equivalent ETFs where such ETFs exist.
ValuEngine Capital Management LLC (VECM) is pleased to announce the addition of Jordan Kimmel to the team as the new Chief Equity Strategist and portfolio manager. VECM is a Registered Investment Advisor (RIA) that invests based on the proprietary, quantitative research produced by ValuEngine Inc. It is an important partnership between two companies: ValuEngine conducts research, and ValuEngine Capital Management LLC actively trades client funds using this research.
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