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Veemost Technologies Inc. Announces Development of Blockchain Platform to Revolutionize Digital Operations and Enterprise Solutions
GlobeNewswire· 2025-01-21 15:20
Strategic Initiative - VeeMost Technologies Inc announces a strategic initiative to build a proprietary enterprise-grade blockchain platform aimed at empowering businesses and government organizations with secure, transparent, and efficient digital solutions [1] - The blockchain platform will focus on real-world applications addressing supply chain management, licensing, digital identities, and payments [1] - The initiative aligns with VeeMost's commitment to fostering innovation, trust, and transparency for its clients, positioning the company as a key player in the evolving digital economy [2] Blockchain System Design - VeeMost's blockchain will balance flexibility and governance, making it an ideal platform for enterprises, educational institutions, and government agencies seeking robust solutions for secure and automated processes [3] - The platform will be integrated into VeeMost's e-commerce store, VeeStore, to streamline payment processing, product verification, and licensing services [2] Project Timeline and Milestones - The project is structured into four key phases: Research and Planning (Months 1-3), Development and Initial Testing (Months 4-9), Pilot Rollout (Months 10-12), and Public Launch (Months 13-18) [4][5] - By integrating blockchain into VeeStore, VeeMost will enhance its e-commerce payment processes, allowing customers to make secure payments with cryptocurrency or traditional methods while reducing transaction fees and settlement times [5] Revenue Growth and Monetization - VeeMost's blockchain platform will generate revenue through licensing fees, subscription plans, transaction fees, and consulting services [10] - The platform will offer Blockchain-as-a-Service (BaaS) for managed blockchain environments tailored to client needs [10] - Revenue will also be generated through low-cost transaction processing, asset-tracking services, and advisory services for blockchain integration and smart contract development [10] Supporting Nasdaq Uplisting Strategy - The blockchain initiative supports VeeMost's broader goals of expanding its market reach and increasing revenue as the company prepares for an uplisting to Nasdaq in the near future [7] - The projected timeline ensures that the platform will be operational within 18 months, contributing to VeeMost's long-term strategy of sustainable growth and innovation [7] Company Overview - VeeMost Technologies Inc is a technology solutions provider specializing in network infrastructure, cloud services, IT consulting, and digital transformation [8] - The company focuses on government, education, and enterprise markets, delivering customized solutions that empower organizations to operate securely and efficiently in a digital-first world [8]
BREAKING: FTAI Aviation Ltd. Sued For Securities Fraud; Investors Should Contact Block & Leviton
Newsfilter· 2025-01-21 15:18
BOSTON, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Block & Leviton announces that a securities fraud lawsuit has been filed against FTAI Aviation Ltd. (NASDAQ:FTAI) and certain of its executives. Investors who have lost money in their FTAI Aviation Ltd. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/ftai. What is this all about? Shares of FTAI Aviation fell over 24%, following the release of a report by Muddy Waters R ...
BREAKING: FTAI Aviation Ltd. Sued For Securities Fraud; Investors Should Contact Block & Leviton
GlobeNewswire· 2025-01-21 15:18
Lawsuit Overview - A securities fraud lawsuit has been filed against FTAI Aviation Ltd and certain executives, alleging materially false and/or misleading statements during the Class Period [1][2] - Shares of FTAI Aviation fell over 24% following a report by Muddy Waters Research [2] Allegations - FTAI Aviation reported one-time engine sales as Maintenance Repair & Overhaul revenue despite performing limited repair and maintenance work on the engine assets sold [2] - The company presented whole engine sales as individual module sales, overstating sales and demand [2] - FTAI Aviation depreciated engines not on lease, misleadingly lowering the reported cost of goods sold and inflating EBITDA [2] - As a result, the company's positive statements about its business, operations, and prospects were materially misleading and/or lacked a reasonable basis [2] Eligibility - Investors who purchased FTAI Aviation Ltd common stock between July 23, 2024, and January 15, 2025, and have seen their shares fall may be eligible to join the lawsuit [3] Next Steps - The deadline to seek appointment as lead plaintiff is March 18, 2025 [4] - Investors who have lost money on their investment should contact Block & Leviton to learn more about potential recovery [4] Whistleblower Information - Individuals with non-public information about FTAI Aviation Ltd may assist in the investigation or file a report with the SEC under their whistleblower program [5] - Whistleblowers who provide original information to the SEC may receive rewards of up to 30% of any successful recovery [5]
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates RDW, AMPY, TURN, HEES on Behalf of Shareholders
GlobeNewswire· 2025-01-21 15:18
NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Redwire Corporation (NYSE: RDW)’s merger with Edge Autonomy. Redwire will pay the purchase price for the acquisition of Edge Autonomy in a combination of $150 million in cash and $775 million in shares of Redwire common stock. If you are a Redwire shareholder ...
Global Smart Waste Management Market to Reach USD 13,986.4 Million by 2035, Surging at 16% CAGR, Driven by IoT, AI, and Sustainability Efforts | Future Market Insights, Inc.
GlobeNewswire· 2025-01-21 15:15
The smart waste management market is set for rapid growth, driven by advanced technologies like IoT and AI. Rising urbanization, automation in sorting, and sustainability efforts are transforming waste processes, improving efficiency, and reducing environmental impact.NEWARK, Del, Jan. 21, 2025 (GLOBE NEWSWIRE) -- According to a Future Market Insights (FMI), the smart waste management market is poised for substantial growth as cities around the world look for innovative, efficient, and sustainable solutions ...
MicroCloud Hologram Inc. Develops Quantum Algorithm Technology for Deep Convolutional Neural Network Exchange Submissions
Prnewswire· 2025-01-21 15:15
SHENZHEN, China, Jan. 21, 2025 /PRNewswire/ -- MicroCloud Hologram Inc. (NASDAQ: HOLO), ("HOLO" or the "Company"), a technology service provider, have developed a quantum algorithm technology for deep convolutional neural network (CNN) exchange submissions, aimed at overcoming the computational bottlenecks of traditional CNNs and achieving performance improvements through the advantages of quantum computing. The core innovation of this technology lies in the design and implementation of the Quantum Convolut ...
Buffalo's Cafe Brings a Herd of New Drinks to Bar Menu
Newsfilter· 2025-01-21 15:15
Beloved Wing Chain Kicks Up Beverage Offerings with New Cocktails, Margaritas and More LOS ANGELES, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Buffalo's Cafe, an award-winning wing concept owned by FAT Brands Inc., is pouring out a flurry of new drinks to enhance its bar menu. Guests can now choose from more than ten new sips, including eight new cocktails and five new margaritas—timeless classics with a special Buffalos' twist. Key cocktail additions, which pay homage to the brand name and its strong roots in Georg ...
Buffalo's Cafe Brings a Herd of New Drinks to Bar Menu
GlobeNewswire News Room· 2025-01-21 15:15
Beloved Wing Chain Kicks Up Beverage Offerings with New Cocktails, Margaritas and More LOS ANGELES, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Buffalo’s Cafe, an award-winning wing concept owned by FAT Brands Inc., is pouring out a flurry of new drinks to enhance its bar menu. Guests can now choose from more than ten new sips, including eight new cocktails and five new margaritas—timeless classics with a special Buffalos’ twist. Key cocktail additions, which pay homage to the brand name and its strong roots in Georg ...
Conner White Named White Lodging’s Vice Chair and Chief Investment Officer
GlobeNewswire· 2025-01-21 15:13
Conner White Named White Lodging’s Vice Chair and Chief Investment Officer Founder Bruce White's eldest son takes on executive role in family company's succession.. Merrillville, Indiana, Jan. 21, 2025 (GLOBE NEWSWIRE) -- White Lodging, a privately owned industry leader in urban and lifestyle hospitality development and management, is pleased to announce that Conner White will take on a new role as Vice Chair and Chief Investment Officer. Conner White is the eldest son of White Lodging Chair Beth White ...
Folding Bikes Global Market Analysis Report 2024-2030: Demand for Compact, Space-Saving Designs for Urban Dwellers Fueling Growth
GlobeNewswire· 2025-01-21 15:13
Folding Bikes Market Folding Bikes Market Dublin, Jan. 21, 2025 (GLOBE NEWSWIRE) -- The "Folding Bikes - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.The global market for Folding Bikes was estimated at US$1.0 Billion in 2023 and is projected to reach US$1.6 Billion by 2030, growing at a CAGR of 6.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decis ...