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CleanCore Annual Results: Net Loss Narrowed, Gross Margins And Gross Profit Up After Shift In Sales Strategy, Company Reports Having 2 Years Runway Capital

Benzinga

By Anthony Termini, Benzinga CleanCore Solutions, Inc. (AMEX: ZONE) is an Omaha, Nebraska-based developer of a patented technology that replaces traditional cleaning chemicals with a safe, low-cost solution that infuses water with ozone to produce an effective all-natural alternative. The company notes that worldwide demand for such products could be nearly $93 billion by 2027. Clayton Adams, CleanCore’s CEO says that the company “is poised to capitalize on this immense opportunity.” CleanCore Financial Results And Business Update Reveal New Strategy When CleanCore reported results for the fiscal year ended June 30, 2024, the company noted a shift in its sales strategy. Moving to a direct sales model seems to have been a positive decision. The change resulted in a nearly 20-point increase in the company’s gross margins, which moved from 29.9% in 2023 to 49.6% in 2024, according to CleanCore’s most recent earnings release. While not without a minor hiccup, the change may help CleanCore build on its momentum. Moving to a direct sales model has helped the company fill its sales pipeline with record levels of potential order volume. Still, the transition was slightly disruptive to reported revenue. For the fiscal year ended June 30, 2024, revenue came in at $1.6 million compared to $2.4 million for 2023. Nevertheless, CleanCore believes that the pivot in its selling approach will deliver positive results, and this resulted in a 9% increase in gross profit. While the company is not yet cash flow positive, CleanCore’s current cash position is almost $2 million. The company reports that that should provide the company with more than two years of runway given its current operating revenues and expenses. Importantly, CleanCore says that it expects to have a positive cash flow within 12 months. Other Highlights Of CleanCore’s Fiscal Year Report CleanCore also appears to be trimming expenses while changing its selling tactics. General and administrative expenses decreased by $3.2 million for the year. That represents a better than 56% reduction. While the company reported a net loss for the year of $2.3 million, this compares favorably to the more than $5 million loss it reported in 2023. The potential for positive earnings may come from the type of wins the company reported in recent months. CleanCore has delivered products to key B2B growth sectors within its primary target industries. In just the last several months, CleanCore has closed sales with a leading university in the United States, one of the largest airports in the southwestern and one of the world's leading logistics companies. CleanCore Is Focused On Key Growth Sectors CleanCore believes that the demand for cleaning products that don’t include harsh chemicals and that are healthier for users, employees, customers and other stakeholders is on the rise among its key target sectors. These include hospitality, healthcare, education, transportation and logistics. Just looking at the healthcare market, Ecolab (NYSE: ECL), a company that provides water treatment, purification and hygiene products to hospitals, forecasts that the population the healthcare system serves will grow by 30% in the next 25 years. CleanCore provides solutions to hospitals and other healthcare facilities to keep their physical plant clean and to provide unique hygiene solutions in their food service and laundry operations. The company does the same for colleges and universities around the world as well as at airports and commercial buildings. CleanCore reports that its process is completely natural, so it is simpler, healthier and more sustainable than other disinfectants. Its products eliminate the bacterial odors that often remain after traditional cleaning and that chemical disinfectants try to mask with added fragrance. Adams points out that CleanCore’s “cutting-edge aqueous ozone cleaning systems are being widely adopted in key sectors, including healthcare, education and aviation, given their ability to eliminate harmful chemicals while maintaining the highest standards of cleanliness.” He notes that demand for the company’s products also results from their ability to reduce labor costs for customers. “As more industries seek environmentally responsible solutions, CleanCore is at the forefront of this movement, offering technologies that are not only safer but also more cost-effective,” adds Adams. For more information about CleanCore, please visit CleanCoreSol.com. Featured photo by pixellicious from Pixabay. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 23, 2024 08:30 AM Eastern Daylight Time

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American Battery Materials Signs Letter of Intent for a Business Combination

American Battery Materials Inc

American Battery Materials, Inc. (OTC Pink: BLTH), a U.S. based renewable energy company focused on the extraction, refinement and distribution of technical minerals in an environmentally responsible manner, announced today that it has signed a non-binding letter of intent (LOI) with a Nasdaq-listed special purpose acquisition company (SPAC) for a potential merger transaction. American Battery owns lithium mineral rights on a total of 743 placer claims covering 14,320 (approximately 22 square miles) located in the Lisbon Valley of Utah. The company’s leadership believes the Nasdaq listing will enhance the company’s ability to access capital as it grows to become a domestic producer of lithium chemicals. “This is a logical next step for American Battery as part of our growth trajectory,” said David E. Graber, Chairman and CEO of American Battery. “Lithium is on the list of the 35 minerals considered critical to the economic and national security of the United States. Being listed on the Nasdaq will help provide us with the financial resources to reach our strategic goals.” The SPAC and American Battery will jointly raise additional capital via a private investment in public equity (PIPE) financing transaction. The legal structure of the new entity and its estimated value may vary, depending on the agreements between the parties and the possible tax implications of any such merger. The purchase price under the LOI would be the pre-money equity of $150 million, based on information provided to date and subject to confirmatory due diligence, which would consist entirely of stock consideration. American Battery expects to announce additional details regarding the proposed business combination when a definitive agreement is executed. No assurances can be made that the parties will successfully negotiate and enter into a definitive agreement, or that the proposed transaction will be consummated on the terms or timeframe currently contemplated, or at all. Any transaction would be subject to board and shareholder approval of both companies, regulatory approvals and other customary conditions. About American Battery Materials American Battery Materials, Inc. is a U.S.-based environmentally responsible critical minerals exploration and development company focused on direct lithium extraction (DLE), as well as other minerals for refining, processing and distribution to support the country’s urgent critical minerals need to bolster long-term energy transition and the electrification of the U.S. domestic and global economy. To receive American Battery Materials, Inc. company updates via email, visit the contact page of our website, www.americanbatterymaterials.com/contact. Important Information and Where to Find It If a legally binding definitive agreement with respect to the proposed business combination is executed American Battery intends to file a preliminary proxy statement (a “Proxy Statement”) with the SEC. A definitive Proxy Statement will be mailed to shareholders of American Battery as of a record date to be established for voting on the proposed transaction. Shareholders will also be able to obtain a copy of the Proxy Statement, without charge, by directing a request to: American Battery Materials, Inc., 500 West Putnam Avenue, Suite 400, Greenwich, CT 06830. The preliminary and definitive Proxy Statement, once available, can also be obtained, without charge, at the SEC’s website (www.sec.gov). American Battery urges investors, shareholders and other interested persons to read, when available, the preliminary Proxy Statement as well as other documents filed with the SEC because these documents do and will contain important information about American Battery, the SPAC and the proposed transaction. Participants in the Solicitation American Battery and its directors and executive officers may be considered participants in the solicitation of proxies with respect to the potential transaction described herein under the rules of the SEC. Information about the directors and executive officers of American Battery is set forth in American Battery’s Annual Report on Form 10-K for the year ended December 31, 2023, which was filed with the SEC on April 1, 2024. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of the shareholders in connection with the potential transaction will be set forth in the Proxy Statement when it is filed with the SEC. These documents can be obtained free of charge from the sources indicated above. No Offer or Solicitation This press release shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom. Forward-Looking Statements The disclosure herein includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding projections, estimates and forecasts of revenue and other financial and performance metrics and projections of market opportunity and expectations, American Battery’s ability to enter into a definitive agreement or consummate a transaction with the SPAC and American Battery’s ability to obtain the financing necessary to consummate the potential transaction. These statements are based on various assumptions and on the current expectations of American Battery’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of American Battery and the SPAC. These forward- looking statements are subject to a number of risks and uncertainties, including: American Battery’s ability to enter into a definitive agreement with respect to the proposed business combination or consummate a transaction with the target company; the risk that the approval of the shareholders of American Battery for the potential transaction is not obtained; failure to realize the anticipated benefits of the potential transaction, including as a result of a delay in consummating the potential transaction or difficulty in integrating the businesses of American Battery and the SPAC; the amount of redemption requests made by the SPAC’s shareholders and the amount of funds remaining in the SPAC’s trust account after satisfaction of such requests; those factors discussed in American Battery’s Annual Report on Form 10-K for the year ended December 31, 2023 under the heading “Risk Factors,” and other documents of American Battery filed, or to be filed, with the SEC. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that American Battery presently does not know or that American Battery currently believes are immaterial that could also cause actual results to differ from those contained in the forward looking statements. In addition, forward-looking statements reflect American Battery’s expectations, plans or forecasts of future events and views as of the date hereof. American Battery anticipates that subsequent events and developments will cause its assessments to change. However, while American Battery may elect to update these forward-looking statements at some point in the future, American Battery specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing American Battery’s assessments as of any date subsequent to the date of this disclosure statement. Accordingly, undue reliance should not be placed upon the forward-looking statements. Contact Details Investor Relations +1 800-998-7962 ir@americanbatterymaterials.com Company Website https://www.americanbatterymaterials.com/

September 23, 2024 08:00 AM Eastern Daylight Time

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Largest Immersive Gaming Facility in the World Is Now Open at Toronto’s Stockyards

Activate

Activate, the world’s first active gaming facility and viral sensation on TikTok, is thrilled to announce the opening of its largest location in the world, situated in Toronto's vibrant Stockyards district. The new facility, located at 30 Weston Rd, Unit C209, promises an unparalleled entertainment experience that blends cutting-edge technology with physical activity. Activate Stockyards boasts an impressive facility spanning 19,218 square feet, making it the largest of its kind in the region. This expansive venue houses 19 unique game rooms, including the TikTok famous Mega Grid, adrenaline-fueled Lasers, Push with 452 light-up buttons and the precision-driven Strike, all designed to deliver a distinct and thrilling experience. The sheer size and vast selection of game rooms offer visitors plenty of space to engage in a wide range of interactive and immersive adventures. ”We are thrilled to be bringing Activate's largest location in history to Canada’s largest city, Toronto,” proclaimed Adam Schmidt, Founder & CEO of Activate. “This exciting new location is a fantastic addition to the vibrant Stockyards neighborhood. We can't wait for Toronto’s bustling community to experience the largest entertainment concept in the world.” Activate is taking over the immersive gaming world, now dominating 40 locations across the United States and Canada, and it shows no signs of slowing down. As the first active gaming facility to become a TikTok sensation, Activate has built a social media empire, captivating millions with its innovative, interactive experiences. Their unique approach to active gaming has set them apart, cementing their position as a leader in the entertainment world. Internationally, Activate is expanding with a new Dubai location and a UK debut in December 2024. For a sneak peek into Activate’s dynamic gaming experience, click here. Join the Inner Circle to be the first to hear about new locations, behind-the-scenes information, deals, and more. Please find imagery assets here. Activate is the world’s first active gaming experience where players #EnterTheGame. Activate offers a unique blend of physical activity and gaming that promotes a healthy lifestyle. Each Activate location provides fun and interactive rooms for players to compete, earn stars and track achievements. With the global headquarters located in Winnipeg, Canada, Activate has grown to 30 locations across Canada, the U.S. and now the world! To join the active gaming movement, visit playactivate.com. Follow Activate on social media: Facebook: Activate Instagram: @activategames TikTok: @activategames Contact Details Jive PR + Digital Jalila Singerff +1 613-614-6777 jalila@jiveprdigital.com Company Website https://playactivate.com

September 23, 2024 08:00 AM Eastern Daylight Time

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BestGrowthStocks.Com Issues Comprehensive Analysis of Globalstar Inc’s Strategic Partnerships and Growth Drivers

Global Star Inc. (GSAT)

NEW YORK, NY / NewsDirect / September 23rd, 2024 / Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued a comprehensive analysis of Globalstar Inc. a satellite and terrestrial connectivity services as an international telecom infrastructure provider. Globalstar Inc. (NYSE: GSAT) has garnered significant investor attention following recently reported revenue growth. Best Growth Stock's full report analyzes Globalstar’s operations, competitive advantages and disadvantages, potential catalysts, growth drivers, strategic partnerships, financials, key customers, management evaluation, share structure, chart, support and resistance levels, and more. Access this full analysis free here: https://bestgrowthstocks.com/access-gsat-analysis/ About Globalstar Globalstar empowers its customers to connect, transmit, and communicate in smarter ways – easily, quickly, securely, and affordably – offering reliable satellite and terrestrial connectivity services as an international telecom infrastructure provider. The Company’s LEO satellite constellation assures secure data transmission for connecting and protecting assets, transmitting critical operational data, and saving lives for consumers, businesses, and government agencies across the globe. Globalstar’s terrestrial spectrum, Band 53, and its 5G variant, n53, offer carriers, cable companies, and system integrators a versatile, fully licensed channel for private networks with a growing ecosystem to improve customer wireless connectivity, while Globalstar’s XCOM RAN product offers significant capacity gains in dense wireless deployments. In addition to SPOT GPS messengers, Globalstar offers next-generation IoT hardware and software products for efficiently tracking and monitoring assets, processing smart data at the edge, and managing analytics with cloud-based telematics solutions to drive safety, productivity, and profitability. For more information, visit www.globalstar.com. About Best Growth Stocks Best Growth Stocks is a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing our exclusive ai-assisted research. BGS is also a financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. Our CEO interviews aim to answer the questions that rest on the minds of current and future shareholders. This is not to be construed as financial advice. Please consult with a licensed financial advisor before making any investment decisions. Media Contact Best Growth Stocks Senior Editor: Steve Macalbry Editor@BestGrowthStocks.Com SOURCE: BestGrowthStocks.Com Contact Details Media Source LLC Steve Macalbry +1 989-274-7778 editor@bestgrowthstocks.com Company Website https://bestgrowthstocks.com/

September 23, 2024 07:00 AM Eastern Daylight Time

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Award-Winning Grooming Brand, BEVEL, Launches Trimmer SE In Ulta Beauty & Ulta.com

Bevel

BEVEL, the award-winning head-to-toe grooming and personal care brand for men with curly, textured hair and melanin-rich skin has announced the launch of the new BEVEL Trimmer SE ($99.95) in ULTA Beauty stores and Ulta.com from September 2024. The BEVEL Trimmer SE features a lightweight plastic body, 39% lighter than BEVEL’s Premium Trimmer, cordless power and boasts up to 4+hours rechargeable battery life, making it perfect for professionals on the go, and young men just beginning a new chapter of their grooming routines. The BEVEL Trimmer SE features the same iconic BEVEL blades as BEVEL’s Premium Trimmer, which are designed to repel dirt, oil, and buildup that causes irritation to the skin. For next-level lineups and shape-ups, the BEVEL Trimmer SE also features the Bevel Dial™️ for tool-free zero-gap adjustments. Launched in 2013 with the pioneering BEVEL Safety Razor ($49.95), BEVEL, a Black-founded brand, revolutionized grooming industry standards with solution-orientated razors, grooming products and trimmers, and has continued to deliver premium hair, beard, shave, skin and body care products and devices that cater to the needs of Black men and men of color. “At BEVEL we are committed to serving our customers with solutions to address their unique grooming needs, so we are thrilled to expand our partnership with Ulta Beauty and add the new BEVEL Trimmer SE to our portfolio of products and razors available at Ulta Beauty stores and Ulta.com.” said BEVEL Marketing Leader Breann Davis. BEVEL’s retail expansion into Ulta Beauty stores and Ulta.com in 2022 further cemented the brand’s commitment to ensuring its customers had greater access to grooming and personal care products that solved their unique needs. Now, for the first time, a BEVEL device, the BEVEL Trimmer SE ($99.95) will be available in Ulta Beauty retail locations nationwide. To view BEVEL’s full range of products and razors at Ulta Beauty, please visit www.UltaBeauty.com for more information. BEVEL, part of the Procter & Gamble family, is designing beauty and grooming solutions for people of color. Our vision is to build the world's most consumer-centric health and beauty products company, inspiring unprecedented customer loyalty. BEVEL launched in 2013, providing grooming products for Black men, including a full skin care regimen, a shave system, and the BEVEL Trimmer, designed to help reduce skin irritation and razor bumps. To learn more about BEVEL, visit www.getbevel.com. Contact Details First and Last PR +1 201-569-2080 Bevel@firstandlastpr.com Company Website https://getbevel.com

September 23, 2024 07:00 AM Eastern Daylight Time

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RMT Financial Introduces AI-Powered Trading Indicator for EU Investors

Rev Up Marketers

RMT Financial, an advanced AI-powered trading indicator application, has been launched by MAIN CAPITAL GROUP LP. Headquartered at 250 Bath Street, Glasgow, G2 4JW, UK, the platform is designed to provide real-time market insights and data specifically for trading investments. This cutting-edge tool is set to revolutionize how EU investors approach stock market opportunities, empowering them with data-driven decision-making. As financial markets evolve, EU investors increasingly seek tools that offer both speed and accuracy. The RMT Financial indicator app leverages artificial intelligence to analyze market data instantaneously, providing users with actionable trading indicators that enable them to seize market opportunities with efficiency. AI-Powered Indicators: Transforming Trading Market Analysis The RMT Financial app is powered by sophisticated AI that processes massive volumes of market data in real time. While traditional trading analysis often requires manual effort and time, the RMT Financial app delivers actionable insights directly to users' devices, facilitating fast, well-informed decision-making. “Our goal with this app is to equip EU investors with the tools they need to stay ahead of market trends,” said Rebecca Lane, CEO of RMT Financial. “In today’s fast-paced financial world, access to timely, real-time insights is crucial for making sound investment decisions.” Key Benefits for EU Investors One of the standout features of the RMT Financial app is its ability to deliver trading indicators without the need for constant market monitoring. Investors receive real-time notifications whenever opportunities arise, enabling them to act quickly on AI-generated insights. This ensures that EU investors remain informed about the latest market movements, enhancing their overall investment strategies. Tailored Trading Indicators for Personalized Strategies The RMT Financial app also offers personalized trading indicators, customized to match individual investor preferences, such as risk tolerance, investment goals, and specific stock interests. This level of customization allows investors to focus on opportunities that align with their strategies, making their trading efforts more targeted and effective. The Future of Investing with AI As artificial intelligence continues to shape the future of finance, tools like the RMT Financial trading indicator app are becoming indispensable for investors looking to maintain a competitive edge. By delivering precise, real-time insights, RMT Financial enables users to make smarter, data-driven decisions based on the latest market trends. “Our AI-driven app is designed to give EU investors a competitive advantage in trading,” said Rebecca Lane. “The positive response has been overwhelming, and we’re excited to continue helping investors reach their financial goals.” About RMT Financial by MAIN CAPITAL GROUP LP RMT Financial, developed by MAIN CAPITAL GROUP LP, is committed to making trading insights accessible to all investors. Our free, user-friendly indicator app is designed to help users gain a competitive edge in their trading decisions. The platform provides real-time market indicators that empower both novice and experienced traders to make informed, data-backed decisions. At RMT Financial, we believe in fostering a community where traders can learn, grow, and succeed together. Through shared knowledge, experiences, and a deeper understanding of market trends, we aim to cultivate a culture of continuous improvement and collective success. For more information, visit RMT Financial. Contact Details MAIN CAPITAL GROUP LP Nathan Price np@maincapitalfinancial.net Company Website https://www.maincapitalfinancial.net

September 23, 2024 06:38 AM Eastern Daylight Time

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Reform of Africa’s Criminal Justice Systems

BNP Paribas SA

A well-functioning criminal justice system (CJS) is the bedrock of a safe and secure society. It protects our communities from exploitation and our citizens against false accusations. The CJS comprises government agencies mandated through legislation to work together to deter crimes against individuals, societies, and states. In a collaborated effort, they serve to punish offenders who cause physical or psychological harm against persons, are involved in damage or theft of property, and those who perform crimes against the state. Criminal justice systems involve multiple parts, each with a distinct role. The adversarial nature of most criminal justice systems requires functional independence between the judiciary and the agencies that present criminal cases to courts on behalf of the people. Criminal justice systems are inherently complex because of the independent functioning of agencies such as police investigation, prosecution, judiciaries, and prison authorities. They involve several independent functions: crime reporting, detection, prosecution, adjudication, sentencing, incarceration, rehabilitation, and reintroducing prisoners into society. While there is a requirement for independence, each component depends on one or more of the other components, without which it cannot function. Social Deprivation A large percentage of crimes in Africa can be directly attributed to social deprivation caused by poor housing and parenting, poverty, low levels of education, and unemployment. Socially deprived individuals are easily given over to more detestable behavior, such as substance abuse and gangsterism, where there is no respect for human life and freedom and no regard for the rule of law. African countries have also become havens for crimes such as fraud, corruption, extortion, kidnapping, human trafficking, and modern slavery. Unlike the modus of operandi in the age of colonial slavery, greedy people from within African countries who operate in concert with international syndicates have become the main actors. Criminal Justice Realities CJS agencies worldwide are poorly coordinated and function in silos. Petty crime cases take as long to finalize as complex cases because of a lack of case classification and appropriate diversion programs. Very few, if any, countries can claim that they have successfully integrated their criminal justice process and information flows. Blame will frequently be shifted to different areas of the system, with budget limitations often cited as the primary obstacle. However, most criminal justice systems are fraught with inefficiencies that lead to wastage and duplication, leading to a continuous cycle of increasing inefficiencies. Criminal justice systems almost everywhere in Africa suffer from a lack of end-to-end governance and the absence of politically accountable individuals who can influence strategic government expenditure and oversee the alignment and smooth functioning of the system as an integrated whole. Some African countries have taken promising steps toward integrating their criminal justice systems and have sound process and information integration plans. This has, however, been hampered by a lack of continuity of decision-makers and functional heads across CJS agencies. Changes at the ministerial level frequently trigger shifts in leadership across subordinate appointments, which in turn result in strategic and operational pauses for long periods and disruption of previous integrated planning and systems implementation. Appropriate Tools Budgets are mostly allocated to the different CJS components in an unscientific and uncoordinated way, creating unbalanced systems that result in blockages from start to finish. The process is characterized by multiple iterations between investigators and prosecutors and many fruitless court appearances that result in postponements before court adjudication. The result is a very high rate of cases that are closed by the police as “undetected” and an alarmingly low conviction rate. This translates into a criminal justice system that does not serve as a deterrent to crime. A cursory survey among crime detectives in Africa will almost always point to lacking basic but essential tools, such as vehicles to transport them to crime scenes, limiting available access to witnesses, prosecutors, and attending court hearings. They often must share mobile phones, which serve a dual purpose as recording and photographic devices. Forensic investigators face similar issues. Prison Overcrowding Most African prisons are overcrowded. The number of convicted prisoners almost always exceeds prison capacity. Prisons also have to accommodate high numbers of offenders who are awaiting trial. They should be kept separately from sentenced prisoners, but this is not always the case. The result is that young first-time offenders are often locked up in the same ultra-crowded spaces as individuals with extensive criminal records. Recommendations for Criminal Justice Reform The success of criminal justice systems depends on their ability to function seamlessly, with balanced and optimized resource utilization across the CJS entities and performance measured on an end-to-end basis. Successful CJS reform interventions have political and executive backing at the highest levels, ensuring they maintain a sustained involvement in the ongoing performance of the CJS. The critical factors are listed below: Focused and integrated governance and oversight structures backed by senior political sponsors and high-level officials. A single vision, mission, and overall CJS objectives at federal, provincial/state levels. Coordinated strategies, plans, and budgets, including cross-departmental resource models. A legislative reform program to replace inhibiting and outdated legislation, to enact legislation, and to publish diversion programs and alternative dispute resolution regulations, thereby allowing CJS role players to focus on serious crimes. Implementation of a permanent CJS structure to: Specialist career paths for investigators, prosecutors, and judiciary members who deal with complex commercial crime cases and other emerging crimes, including cybercrimes. Integrated and accessible CJS information technology system with shared criminal case information, criminal history, and biometric information of sentenced offenders. Outcomes The recommended actions will have strategic and operational benefits for society and criminal justice actors, with tangible and measurable outcomes that include: Successful investigations with fewer iterations between prosecution and investigation. Reduced number of court postponements, offender remands, and a decreased “awaiting trial” population. Shorter criminal case lapse time and increased cases with a final verdict. Significant elimination of duplication and wastage of public funds. Improved public confidence. Conclusion Effective criminal justice can only be served when all the role players are aligned through a joint mandate, common overall objectives, and coordinated and managed operating processes and procedures. This is contrasted by disjointed criminal justice systems that work in silos. This truth has evaded the attention of politicians, government agency heads, and CJS strategists for many decades. Insufficient attention to joint capacity planning, headcount balancing, skills requirements, skills matching, legislative alignment, and reform initiatives, results in delayed justice or no justice. A well-thought-through strategic approach to problem identification and solving, combined with the active involvement of the highest level of decision-makers, will result in actions that will automatically allow for short-term quick fixes, medium-term solutions, and longer-term interventions that ultimately must all be incorporated into a strategic Criminal Justice Reform Program. Contact Details The Studebaker Group Johann Marx corporate@studebaker.group

September 20, 2024 04:30 PM Eastern Daylight Time

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Lado Okhotnikov’s Meta Force has attracted two million users in the past two years

BNP Paribas SA

There is a user counter embedded into the Meta Force site. In the middle of August 2024, the number of users surpassed two million. The company representatives confirmed the validity of the counts, so it is a two-million company now. Meta Force started at the end of June 2022, at the same time the blockchain-based DeFi platform was commenced. The project was launched without investment rounds and with modest advertising campaigns. Nevertheless, Meta Force is one of the most dynamically developing DeFi companies today. Lado Okhotnikov’s Meta Force enters the metaverses’ race From the very start, Meta Force offered convenient instruments for project teams. The new features were well accepted by the users and their number began to grow rapidly. In fall 2023 Meta Force started the transformation of its business infrastructure. The blockchain platform was being gradually transformed into a full-fledged metaverse. At its core, it was a completely new system, with new functionality and new opportunities. Many functions are unique and change the paradigm of the modern crypto-industry. The Metaverse, named Neo Dao, is a space for business, recreation, entertainment, communications, and finally, for ordinary life. Users can trade, own real estate, and buy and sell various virtual goods. Ownership of goods and sales contracts are executed using NFT. Many NFT goods will have copies in real life, and if needed, digital copies could be exchanged for real goods. This interconnects the virtual and real worlds. Meta Force diversifies its business In addition to crypto-business, Meta Force invests in promising research and innovative projects. Such include research on DNA sequencing, digitization of genetic data and the creation of an avatar with a digital genome identical to the user’s genome. This technology will provide means for creating the most authentic digital clone possible and simulate users’ health. Meta Force has organized the production of natural cosmetics and dietary supplements. Manufacturing and application of Meta Force products are based on holistic principles to provide comprehensive exposure to the patient, taking into account physiological, psychological and social factors, as well as the genetics of a particular patient. This approach allows a dramatic increase in the healing properties of the products. About Company Meta Force is the developer of the advanced blockchain-based DeFi platform and Neo Dao metaverse. Lado Okhotnikov is the CEO of Meta Force, an expert in cryptocurrency and blockchain technology, a prominent publicist, and a libertarian. Based on Dan Michael’s materials The head of Meta Force Press Center press@meta-force.space Contact Details Meta Force Press Center Dan Michael press@meta-force.space

September 20, 2024 12:11 PM Eastern Daylight Time

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Haiti's Last Stand: International Cooperation to Reclaim a Nation

TSCO

With a complex crisis threatening the nation's stability and security, the future of Haiti is at a critical juncture. The fundamental rights and protection of Haitian citizens are increasingly under threat by the proliferation of gang violence, rampant corruption, and severe economic challenges. The government of Haiti is increasingly calling for the support of the international community to take a coordinated approach to address these challenges; however, due to the failure of past international interventions and other geopolitical factors, the international community has been slow to respond. The initial financial support and focus on peacekeeping missions may prove futile if not supported by long-term security reform initiatives that weed out corruption and the underlying social and economic issues that fuel instability. Over the past five years, Haiti has seen an alarming surge in gang-related activities. The capital, Port-au-Prince, is now home to over 95 gangs, part of the estimated 200 gangs operating across the country. These criminal organizations have entrenched themselves deeply within Haiti's political, economic, and critical infrastructure. The gangs now control vital resources such as ports, airports, and major transportation routes (Global Initiative Against Transnational Organized Crime, 2021). Their expansion is fueled by a range of illicit activities, including narcotics trafficking, human trafficking, arms smuggling, extortion, and political corruption (U.S. Department of State, 2021). The situation is further degraded by the corruption of Haitian politicians, wealthy families, border officials, and even members of the HNP who collude with various gangs to achieve their objectives. The Narcotics Trade and Regional Connections Haiti's strategic location in the Caribbean has made it a key transit point for the international narcotics trade, connecting South American suppliers with markets in North America and Europe. The country's porous borders and weak law enforcement have allowed criminal organizations to use Haiti as a hub for smuggling cocaine from Colombia and cannabis from Jamaica. These drugs often make their way through Haiti to neighboring Dominican Republic, the United States, and Western Europe (UNODC, 2020). The profits from this trade not only fuel gang activities within Haiti but also have destabilizing effects across the region. Arms Trafficking and International Implications Arms trafficking is another critical issue exacerbating violence in Haiti. The majority of firearms in the country are illegal and often sourced from the United States. These weapons, including high-powered rifles such as AK-47s, AR-15s, and more sophisticated high-caliber weapons, provide the gangs with a strategic advantage over the HNP. These weapons find their way into Haiti through both legal and illegal ports, as well as across poorly monitored borders (UNODC, 2020). Human Trafficking: A Global Crisis Human trafficking, particularly the trafficking of children, is a devastating consequence of Haiti's instability. The country has become both a source and a destination for victims of trafficking, including children exploited for forced labor and sexual exploitation. Natural disasters, such as the 2010 earthquake and Hurricane Matthew, have left many children orphaned or displaced, making them easy targets for traffickers. These children are trafficked to the Dominican Republic and other neighboring countries, where they are subjected to horrific abuses (U.S. Department of State, 2021). Combatting human trafficking in Haiti requires a multi-layered approach, including more robust border controls that include surveillance programs, enhanced victim identification and support services, and international cooperation to dismantle trafficking networks. A Proposed Strategy Toward Security and Judicial Reform A multifaceted approach is necessary to move forward, combining immediate security interventions with long-term structural reform initiatives. Ideally, this will require a Haitian-led International Joint Operational Task Force, supported by a Fusion Center, to gather intelligence. The task force would bring together diverse skills, including current or former law enforcement personnel and intelligence operatives with a successful track record in combatting gang-related crime. The task force's composition would include experts in counter-narcotics, human trafficking prevention, financial crime investigation, case management, profiling, interdiction, and cybersecurity. By integrating these capabilities, the task force will address the complex and interrelated challenges posed by Haiti's criminal networks. Former interventions and support by neighboring countries and the international community lacked the required longevity and sustainability. History has proven that previous temporary victories achieved by The United Nations Peacekeeping Forces have had a pendulum effect after their extraction from the country. While these efforts have brought temporary relief, they did not address the deep-rooted issues that perpetuate instability and violence. Without integrating other intelligence and law enforcement initiatives, a peacekeeping force focused primarily on reestablishing order cannot dismantle the complex criminal networks that fuel Haiti's crises. A more sustainable and coordinated approach is necessary—one that emphasizes actionable intelligence gathering to produce accurate data and robust criminal case evidence. This strategy would significantly enhance the success rate of prosecutions, ensuring that criminals are apprehended, convicted, and sentenced appropriately. To support this approach, a comprehensive transformation of Haiti's Criminal Justice System is essential, including the establishment of a special court dedicated to prosecuting cases related to organized crime, gang violence, and corruption. The special court would enable expedited approvals for warrants and court orders, ensuring the task force runs an effective and responsive program. Additionally, with an expected increase in the incarceration of criminals, rigorous capacity planning for the Correctional Services system is crucial. The initiative will require expanding prison facilities, improving conditions, and implementing rehabilitation programs to reduce the likelihood of repeat offenses. This multifaceted strategy would address the symptoms and causes of instability, ensuring a holistic approach to security reform and paving the way for long-term peace and security in Haiti. According to a former Chief of the HNP, previous counter-narcotics programs supported by Haitian allies led to significant successes. However, intelligence gathered within these interventions was not retained after the completion of the program and the subsequent extraction of the international counter-narcotics personnel. For this reason, a major key-critical success factor is establishing an Operational Fusion Center, a technology-rich hub equipped with a multi-mission platform that enables actionable intelligence gathering, data processing, and analysis. The platform will serve as the central gang repository for tactical and strategic situation monitoring, with automated after-action reports and evidence collection that increases the long-term success rate of prosecutions. Mission platforms of this nature serve as an evidence repository supported by advanced technology integration capabilities such as offensive cybersecurity, drone surveillance, geolocation tools, profiling and link analysis, social media monitoring, dark web analysis, and links to criminal and financial databases. Creating a comprehensive gang database provides actionable intelligence packages that would allow for precisely targeting and dismantling these criminal networks, leading to a sustainable impact for Haiti. Continuous monitoring of all law enforcement personnel is required to ensure that there are no links to gangs or potential weak points for exploitation, extortion, and corruption. This will include all HNP staff, port security personnel, and special units, as well as the careful selection and isolation of all Haitian staff involved in the Task Force. Combatting the Financial Power of Gangs Gangs in Haiti are heavily reliant on the proceeds of narcotics trafficking, human trafficking, arms smuggling, and other illicit activities. In collaboration with Haitian authorities, the international community should prioritize the seizure of assets linked to these activities while implementing rigorous financial investigations and asset confiscation programs and establishing specialized legal teams to ensure successful prosecutions. Overcoming criminal syndicates of this nature requires an intense drive to combat corruption and choke the source of their supply lines – the income that fuels and strengthens their expansion. Reestablishing Control Over Critical Infrastructure Gaining control over Haiti's critical infrastructure is essential for restoring order and stability. Law enforcement and interdiction personnel must secure ports, airports, and primary and secondary transportation routes to prevent the movement of illicit goods and the further entrenchment of criminal networks. The operational approach would require comprehensive security assessments and the deployment of advanced detection technologies, including container scanners, body scanners, and surveillance systems. Additionally, the regular vetting and monitoring of port and airport staff would help prevent corruption and ensure the integrity of operations. International Case Studies: Lessons from El Salvador and South Africa In the broader context of addressing gang violence, the approach of President Nayib Bukele in El Salvador offers a perspective worth studying. His approach to deploying military forces and his administration's aggressive tactics in implementing stringent security measures have significantly reduced crime. While these actions have effectively restored order, they also raise concerns about potential human rights violations and the erosion of democratic principles (BBC News, 2023). Bukele's methods highlight the importance of swift and decisive action for Haiti, where the situation is equally dire. This example underscores the delicate balance required in Haiti, where any intervention must be part of a broader, more holistic, and sustainable approach to security and development. The Scorpions unit, formally known as the Directorate of Special Operations (DSO) in South Africa, was a highly effective law enforcement agency established in 1999 to combat organized crime and corruption. The unit quickly gained a reputation for its rigorous investigations and successful prosecutions of high-profile cases. One of its most notable successes was the investigation and trial of Schabir Shaik, a businessman with close ties to former Deputy President Jacob Zuma. The Scorpions uncovered a complex web of corruption, leading to Shaik's conviction on fraud and corruption charges in 2005 (Smith, 2009). This case also laid the groundwork for subsequent legal proceedings against Zuma himself. Additionally, the Scorpions were instrumental in dismantling several drug trafficking syndicates and uncovering widespread corruption within government ranks, demonstrating the unit's effectiveness in targeting organized crime and public sector corruption. Despite its eventual disbandment in 2009, the legacy of the Scorpions remains a testament to the power of a dedicated, multi-disciplinary approach to law enforcement. The question remains whether a government thwarted with corruption will allow the establishment of a task force that will shine a spotlight on their illicit dealings. A Shared Responsibility for Change The crisis in Haiti represents a test of the international community's commitment to peace and security. It demands urgent and sustained action. By adopting a comprehensive strategy that addresses the immediate security threats and the underlying causes of instability, the international community can help Haiti chart a course toward recovery. International collaboration with regional organizations like the Caribbean Community (CARICOM) and international bodies like INTERPOL, INL, DEA, FBI, USAID, and the United Nations is essential for a coordinated response. As we confront Haiti's challenges, the question remains: Are we, as a global community, prepared to take the necessary steps to break the cycle of violence and instability, or will we allow this crisis to deepen? The future of Haiti depends on the collective efforts of those with the expertise, resources, and commitment to drive meaningful change. If you or your organization possess the capability to contribute positively—whether through strategic partnerships, financial support, or specialized knowledge in security, justice, or humanitarian efforts—your involvement could be pivotal in shaping a secure and prosperous future for Haiti. We invite you to reach out and explore how you can play a crucial role in this mission. Johann Marx Chief Investment Officer| The Studebaker Group Email: corporate@studebaker.group Web: http://www.studebaker.group/ References U.S. Department of State. (2021). 2020 Country Reports on Human Rights Practices: Haiti. Retrieved from https://www.state.gov/reports/2020-country-reports-on-human-rights-practices/haiti/ Global Initiative Against Transnational Organized Crime. (2021). Haiti: Gangs, Organized Crime, and the Political Crisis. Retrieved from https://globalinitiative.net/analysis/haiti-gangs-organized-crime/ Caribbean Financial Action Task Force (CFATF). (2019). Mutual Evaluation Report: Haiti. Retrieved from https://www.fatf-gafi.org/en/publications/Mutualevaluations/Mer-haiti-2019.html United Nations Office on Drugs and Crime (UNODC). (2020). Mapping Trends in Firearms and Drug Trafficking in Haiti. Retrieved from https://www.unodc.org/unodc/en/firearms/haiti-report.html BBC News.(2023). El Salvador's Gang Crackdown: A Deep Dive into President Bukele's Controversial Approach. Retrieved from https://www.bbc.com/news/world-latin-america-63793652 Contact Details Chief Investment Officer| The Studebaker Group Johann Marx corporate@studebaker.group

September 20, 2024 11:22 AM Eastern Daylight Time

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