CAPITAL ONE FOREX LIMITED :: OpenCorporates

RapiPay announces collaboration with Maximus for Micro-ATM services

RapiPay announces collaboration with Maximus for Micro-ATM services
https://preview.redd.it/dy00hzh121t51.png?width=497&format=png&auto=webp&s=7c7237199e9082b8703d97588727eb6459f9c5f1
RapiPay Fintech Pvt. Ltd., owned by the listed Capital India Finance Ltd., has recently launched Micro-ATM services through collaboration with Maximus as the technology service provider (TSP).
RapiPay has a network of over one lakh agents (merchants/shopkeepers) to provide Banking and Financial Services across India, especially in the hinterland of the country. As a business correspondent of multiple banks, RapiPay aims to address the major issue of lack of ready access to banking services in smaller towns through a comprehensive, digitized banking service enablement program. The company holds a prepaid payment instrument license from RBI and offers remittances, Micro-ATM, AePS and bill payment services to millions of end consumers through its agents who are called RapiPay Saathis.
Maximus, as the technology partner, offers the entire digital rails to RapiPay to enable the latter to penetrate newer segments and offer essential financial services to customers near their doorstep. Maximus uses cutting-edge technology to engineer unique financial and payment products and offers these as hosted services. Maximus has the widest range of digital and card-based solutions among service providers and its customer footprint encompasses banks, payment companies and service providers across ten countries.

Micro-ATM services
Yogendra Kashyap, CEO, RapiPay stated “We are delighted to partner with Maximus for technology services for the Micro-ATM. Micro-ATM service is an important leg of our fintech journey. While we already provide ATM cash withdrawals through AePS (Aadhaar-enabled Payment Systems), with launch of our Micro-ATM handheld devices, we are taking the Micro-ATM and fintech industry to the next level.”
V. Shankar. Founder & CEO of Maximus added “The RapiPay Micro-ATM project involved building customized interfaces between our Switch and RapiPay’s middleware. In addition to transaction processing, we are providing sophisticated, automation-driven reconciliation and dispute management support, with up-to-date information available on intuitive dashboards. There is a strong intersection of interests between RapiPay and Maximus and we will continuously evolve to fulfil the digital vision of RapiPay through our innovatively engineered solutions. We are delighted that RapiPay has chosen Maximus for its technology platforms.”
About CIFL (RapiPay’s parent company)
RapiPay Fintech Pvt. Ltd. is a subsidiary of Capital India Finance Limited (CIFL), which is an India-focused, well capitalised and less leveraged NBFC. CIFL focusses on providing customised financial solutions to Mid-corporates and SMEs for their growth and working capital requirements. CIFL provides home loans in affordable segment through its HFC, Capital India Home Loans. Its fintech wing is RapiPay, which provides remittances and Micro= ATM services. Recently, CIFL has forayed into forex business by the name of RapiPay.
About Maximus Infoware (India) Pvt. Ltd.
Established in 2007, Maximus offers omni channel solutions for the BFSI, Transit, Smart Cities, Retail and Telecom sectors. Its EFT switching, digital payments, reconciliation, fraud & risk management and cash management solutions use innovative technologies and are state-of-the-art. The product portfolio of the company covers full digital payment, assisted payment and card-based payment rails for Rupay, VISA, MasterCard and other international schemes. Maximus delivers unparalleled service levels to its customers spread across ten countries under both hosted and on-premise deployment models. Its payment products are PA-DSS certified and the IT processing infrastructure is PCI-DSS and ISO/IEC 27001:13001 certified.
For business enquiries:-
[[email protected]](mailto:[email protected])
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StockGlobal review

Overview:

The offshore FX and CFDs broker StockGlobal offers many trading accounts on the MetaTrader trading platform. The Marshell Islands-based Longsdale Capital LTD manages the StockGlobal brand. The trading conditions are high on each of the four trading accounts.
In this StockGlobal review, we will discuss other offerings and problems associated with this broker.
About StockGlobal:
The four accounts namely Bronze, Silver, Gold, and Platinum are offered by this broker with the initial investment ranging from $250 to $50000. Furthermore, the level of provided spreads ranges from 2.8 pips to 0.1 pips according to the chosen trading account. The leverage levels are fixed at 1:300 on all four accounts. The world's number one trading platform MetaTrader is offered by StockGlobal. The provided leverage is high and several traders will be attracted to these high leverages provided by StockGlobal. Such high leverage can cause harm to investments. The offered CFDs at StockGlobal are on FX pairs, shares, binary options, commodities, indexes, etc. As discussed in the opening and considering information on the broker's website the manager of StockGlobal, Longsdale Capital LTD, is situated in the Marshall Islands. Marshell Island is a very popular destination amongst the scam brokers. Also, the traders operating from this island do not follow any brokerage regulations and licensing required very little documentation. Also, such brokers are strictly banned in regulated markets like the EU, Japan, the US, and more. The safety and security of the investment made in StockGlobal by traders are prone to scam.
The StockGlobal is accused of scam by several online forums. Also, the Belgian local financial authority the Financial Services and Markets Authority issued warnings against the broker. The provided spreads of 2.8 pips on EUUSD FX pair is also considered high. Most of the regulated brokers provide spreads around 0.1 pips on Euro/Dollar FX pair. Furthermore, the website claims other trading conditions and a demo account provides different trading condition. This looks like a Ponzi scheme to attract traders. The offered MetaTrader platform is managed by another firm that also manages several other scam brokers.

Is StockGlobal scam or legit?

The broker is situated on Marshell Island, which is heaven for the scammer. The broker is also not regulated and doesn’t have a valid license. The offered trading conditions are designed in such a way that traders can be attracted. Overall the StockGlobal gives an impression of a forex scam broker.
submitted by fraudbrokers to u/fraudbrokers [link] [comments]

Wayland Group DD

I want to use this thread to present the key findings of going through recent Wayland news releases. Everything shown here is public accessible. I have no intention to accuse someone of fraud or something like this, just asking questions ....

Feb 20 2019: Wayland Group Provides Corporate Update
I do not want to speak about the well below average generated revenues nor the revenue forecasts. Just as a side note: Ben had a forecast of ~ $15,000,000 for Q4 2018 (October – December 2018). The corporate update states $1,305,033 for Q4 2018 (< 10 percentage of the forecast). In addition, you cannot whitewash the 480% increase to the previous quarter.

“Wayland has also entered into an agreement to obtain additional funds to support the expansion of the Company’s global footprint and fund development of its flagship Langton facility. This agreement is with certain investment funds managed by Alpha Blue Ocean Inc. (“Alpha Blue”) a money manager based in London, United Kingdom with a strong track record of partnering with public companies and delivering meaningful value to their shareholders.”

Founder and CEO of Alpha Blue Ocean Inc. is Pierre Vannineuse (https://www.linkedin.com/in/piervan/)

Ok let’s have a look at their strong track record:

JUN 21 2018
QuickCool AB (Publ) ("QuickCool" or the "Company") has entered into a financing agreement with European High Growth Opportunities Securitization Fund through its financial advisor Alpha Blue Ocean Inc.
See: http://news.cision.com/quickcool/quickcool-ab-enters-into-a-financing-agreement-with-european-high-growth-opportunities-securitizatio,c2554476

See performance since financing: https://i.imgur.com/j7HxzPk.png

Okay next
MAR 28 2018: CybAero and European High Growth Opportunities Securitization Fund (“EHGO”), advised by Alpha Blue Ocean Advisors Ltd, member of the Alpha Blue Ocean Investment Group (“ABO”), has now signed an agreement regarding a financing solution of up to SEK 52.5 million in the form of thirteen convertible loans, the first loan of SEK 4.5 million and the following twelve loans each of SEK 4 million.
See: http://news.cision.com/cybaero/cybaero-signs-agreement-with-alpha-blue-ocean-for-up-to-sek-52-5-million,c2483046

Seriously? Just 3 months later:
June 22 2018: Sweden’s largest military drone maker files for bankruptcy
“CybAero had provisionally negotiated a financing solution with the Luxembourg-based European High Growth Opportunities Securitization Fund, or EHGO, to raise $6 million in the form of 13 convertible loans. The EHGO had hired the London-based Alpha Blue Ocean Advisors to mediate a deal. The first tranche in this solution involved a bridge loan amounting to $227,000.
Nasdaq First North rejected this first tranche arrangement and insisted that, in order for trading in its share to resume, CybAero needed to place a minimum of $114,000 in escrow on a authorized bank account. Moreover, Nasdaq First North launched an investigation to determine if the negotiated financing solution violated stock exchange rules.”
See: https://www.defensenews.com/newsletters/unmanned-systems/2018/06/22/swedens-largest-military-drone-maker-files-for-bankruptcy/

Also see: https://simplywall.st/stocks/se/capital-goods/sto-cba/cybaero-shares/news/will-you-be-burnt-by-cybaero-abs-stocba-cash-burn/

Okay next
Feb 20 2018: MOLOGEN AG enters into financing agreement with Alpha Blue Ocean's European High Growth Opportunities Securitization Fund
See: https://www.dgap.de/dgap/News/corporate/mologen-enters-into-financing-agreement-with-alpha-blue-oceans-european-high-growth-opportunities-securitization-fund/?newsID=1053753

See performance since financing: https://i.imgur.com/JXVJ7yq.png

Okay next
19 March 2018: Cereno Scientific enters into a financing agreement with European High Growth Opportunities Securitization Fund through its advisor Alpha Blue Ocean
See: https://www.cerenoscientific.se/en/en/ehgo_agreement

See performance since financing: https://i.imgur.com/CS7rq5y.png

Okay next
10 Jan 2018: FIT Biotech's EUR 10 million financing agreements' share loan and first part of commitment fee related shares have been handed over today to Alpha Blue Ocean
See: https://www.pm360online.com/fit-biotech-oy-fit-biotechs-eur-10-million-financing-agreements-share-loan-and-first-part-of-commitment-fee-related-shares-have-been-handed-over-today-to-alpha-blue-ocean/

See performance since financing: https://i.imgur.com/N0XhSQp.png

FIT Biotech Oy Company release 20.02.2019 at 14:30 EET
Liquidity crisis, request for a tranche and changes to financial calendar and date of the Annual General Meeting
Despite the financing agreement in force, Alpha Blue Ocean (”ABO”) has not paid tranches envisaged by the agreement since 12 November 2018. This has resulted in a liquidity crisis in FIT Biotech Oy (”Company”). The Company has today filed a latest request for a tranche with ABO. Unless ABO pays this tranche by 22 February 2019, Company will have to file for bankruptcy.
See: https://www.marketscreener.com/FIT-BIOTECH-OY-22752983/news/FIT-Biotech-Oy-Liquidity-crisis-request-for-a-tranche-and-changes-to-financial-calendar-and-date-o-28037452/

I think you are able to recognize the pattern. However the best is yet to come. Just google “alpha blue ocean death spiral”. Same type of financing for Element ASA – a Norwegian based mining company.

“The Induct Manager will demand a million dollar compensation from the "Death Spiral Mortgage Company" Alpha Blue Ocean Stock Exchange and Finance”
See: https://vaaju.com/norway/the-induct-manager-will-demand-a-million-dollar-compensation-from-the-death-spiral-mortgage-company-alpha-blue-ocean-stock-exchange-and-finance/

Why Would a Company Want Death Spiral Financing?
“A company that seeks death spiral financing basically has no other option to raise money to survive.”
See: https://www.investopedia.com/terms/d/deathspiral.asp

See also:


Biotech Firms Run Away After Industry Party With Topless Dancers
See: https://www.bloombergquint.com/business/after-biotech-party-features-topless-dancers-firms-pull-support#gs.RO9Bf8oK

https://i.imgur.com/oQ4n3TC.png
Haha … Sean?

Also have a look after Pierre Vannineuse other investing company Bracknor IG. I did not check, but it possibly has a similar track record.

I could go on like this, but I think you got it. So this means “strong track record and delivering meaningful value to their shareholders.” for Ben?

Next news release:
Feb. 07, 2019: Wayland Group Receives EU-GMP Certification for German Facility
“Wayland Group is pleased to announce that it has received both Good Manufacturing Practices and Good Distribution Practices certifications from the national authority in the State of Saxony for the Company’s Ebersbach facility in Germany.”
See: https://globenewswire.com/news-release/2019/02/07/1711837/0/en/Wayland-Group-Receives-EU-GMP-Certification-for-German-Facility.html

Welcome to EudraGMDP
EudraGMDP is the name for the Union database referred to in article 111(6) of Directive 2001/83/EC and article 80(6) of Directive 2001/82/EC. It contains the following information:
· Manufacturing and import authorisations
· Good Manufacturing Practice (GMP) certificates.
· Statements of non-compliance with GMP
· GMP inspection planning in third countries
See: http://eudragmdp.ema.europa.eu/inspections/displayWelcome.do

https://i.imgur.com/W2zdxqH.png

Looks promising

https://i.imgur.com/c6yVRxu.png

SCOPE OF AUTHORISATION
Name and address of the site : Maricann GmbH, Moritzburger Weg 1, Ebersbach OT Naunhof, Sachsen, 01561, Germany
Human Medicinal Products
Authorised Operations
IMPORTATION OF MEDICINAL PRODUCTS (according to part 2)
Part 2 - IMPORTATION OF MEDICINAL PRODUCTS
2.3 Other importation activities
2.3.1 Site of physical importation
2.3.2 Importation of intermediate which undergoes further processing

But where is the GMP certificate? Latest GMP certificates for Germany:

https://i.imgur.com/bZxouN0.png
https://i.imgur.com/ZOlvlwo.png

Just for their facility in Canada. Maybe the missing of the announced GMP certificate is because of the german tender process. Maybe not, who knows …

“These certifications provide Wayland with the foundation to start selling product into the lucrative German and other developing European markets …”

Oh really? Not in my view …

Next news release:
Jan. 31, 2019: Wayland Group Comments on Recent Promotional Market Activity

“Since September 1, 2017 the Company has engaged MJM Markets and Consulting (Toronto, Canada; Follow The Money Investor Group, o/a 2632436 Ontario Limited (Toronto, Canada); Harbor Access LLC (NY, USA); Investing News Network; M. Davis & Associates Capital Inc (Vancouver, Canada); ERPR AS (Oslo, Norway); BlackX GmbH (Germany); Tycona Media (Vancouver, Canada); DiePRBerator (Germany); Global Financial Network (Toronto, Canada), and Prosdocimi (London, UK) at various times to provide investor relations services, public relations services, marketing, native advertising or other related services including the promotion of the Company, its business and/or its securities.”

See: https://globenewswire.com/news-release/2019/01/31/1708838/0/en/Wayland-Group-Comments-on-Recent-Promotional-Market-Activity.html

Really? What is your business model @ Wayland?!

Just to give you one example:

BlackX GmbH received 1,300,000 shares (each $1.50 = $1,950,000) for the creation/translation of pump articles. See: https://webfiles.thecse.com/CSE_Form_9_-_Notice_of_Issuance_of_Securities_BlackX_12Nov2018.pdf?4gdPoHHl03IN_5qafloB2.0FP4zHeqYb=

For what exactly? Example:
https://www.dgap.de/dgap/News/dgap_media/maricann-group-inc-mit-volldampf-die-zukunft-ceo-ben-ward-gibt-ausblick-ueber-hervorragende-entwicklung-der-wayland-group/?newsID=1110809

A template lacking in content with share price predictions of 3 to 5 Euro (4.5 – 7.5 CAD).

Next news release:
Jan 30 2019: Wayland Group Corporation: European Cannabis Giant Wayland is said to be in advanced talks to purchase and re-open the Voss Water bottling plant in Norway
See: https://www.ftmig.com/company-news-releases/european-cannabis-giant-wayland-is-said-to-be-in-advanced-talks-to-purchase-and-re-open-the-voss-water-bottling-plant-in-norway/

The not named London based Norwegian investor in the last paragraph is probably Lars Christian Beitnes (also mentioned in the second paragraph). After reading his name in a Wayland press release again, I got excited. Again? Yes, I have done some DD about Beitnes when Wayland announced the first Malta LOI with Medican Holdings (USD$10.1MM for a recently created shell company in Malta) - see: https://www.newcannabisventures.com/maricann-to-pay-10-million-to-acquire-malta-licensed-cannabis-producer-medican-holdings/

I was glad when Malta Enterprise terminated this LOI “Malta Enterprise then contacted Maricann to request the Company make its own application, as their preference was to work through Maricann rather than Medican.“ – see: https://www.newcannabisventures.com/maricann-to-pursue-malta-medical-cannabis-license-independently/

Why am I shocked to see the name Beitnes and Wayland in a press release?
In my view Beitnes is far away from being a person you should do deals with. He is being accused to be part of several frauds/scams in the past/present and recently left as a Chairmen of Element ASA – see: https://www.dn.no/bors/element/lars-christian-beitnes/rikard-storvestre/avtroppende-styreleder-far-100000-kroner-i-maneden-for-radgivning/2-1-498862

Element ASA … wait … yea the norwegian based mining company who is the victim of the death spiral financing by Alpha Blue Ocean Inc.!!!

There is a long thread about him in a Norwegian stock community with everything mentioned why you should avoid him – see: https://forum.hegnar.no/thread/16282/view/0/0?page=1

Because of the length of the thread, see some highlights:

I know this is much content, but if you want to make your own picture of Beitnes just dig into this whole Element ASA debacle starting last year. Two auditors (EY & PwC) and the CFO left Element … Then Beitnes left as Chairmen but now serving as external consultant for Element receiving 100.000 NOK monthly. https://www.dn.no/bors/element/lars-christian-beitnes/rikard-storvestre/avtroppende-styreleder-far-100000-kroner-i-maneden-for-radgivning/2-1-498862 would be a good start. Or dig deeper into the Swedish Pensions Authority lawsuit against Beitnes.

Finally … just ask yourself why does Ben deals with such shady persons? Did Ben no DD on those guys or did he not want to … And that is just the top of the iceberg.


TO BE CONTINUED
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Five countries with the cheapest gasoline

Five countries with the cheapest gasoline
The cost of oil is an important component of gas prices. Also, an essential factor influencing the retail price of petrol is the commission, subsidies, the cost of processing and transportation, and other charges.
Today we will talk about countries with the cheapest gasoline, according to statisticstimes.com. The ranking includes 164 countries of the world. In 61 states, 1 liter of gasoline costs less than $ 1.
5th place: Algeria
https://preview.redd.it/nr2aadu9zjj31.png?width=1200&format=png&auto=webp&s=172449f881b54b07ae6b9ee0d27720b063d0bd12
Price of 1 liter of gasoline: $ 0.35
Algeria's economy is based on gas and oil. Segments provide 30% of GDP, 60% of the state budget revenue, and 95% of export revenue.
The Algerian authorities are making efforts to diversify the economy and attract foreign and domestic investment in other sectors.
4th place: Iran
https://preview.redd.it/cfpirv1bzjj31.jpg?width=650&format=pjpg&auto=webp&s=b12724e685263361f786e82c664553cf472d3dd4
Price of 1 liter of gasoline: $ 0.29
For many centuries this country has played a crucial role in the East. Iran is one of the most technologically advanced states in the region.
Iran is located in a strategically important region of Eurasia and has large reserves of oil and natural gas.
3rd place: Sudan
https://preview.redd.it/2g2t94kczjj31.jpg?width=1200&format=pjpg&auto=webp&s=6bce381092307f789a300bd36a58d732a5df9345
Price of 1 liter of gasoline: $ 0.14
Since 2011, after South Sudan gained independence, oil production in the country has decreased (most of the fields were located in the south of the state).
Sudan is covering the external debt of South Sudan through exports of South Sudanese oil through its territory.
2nd place: Cuba
https://preview.redd.it/gd7v0a4dzjj31.png?width=1200&format=png&auto=webp&s=842d00a345f432c69a8e3247bfe13a40720d12eb
Price of 1 liter of gasoline: $ 0.09
Venezuela plays an important role in Cuba's foreign trade, which, in exchange for the services of Cuban doctors, teachers, and trainers, supplies Havana with cheap oil.
1st place: Venezuela
https://preview.redd.it/obr6jmmdzjj31.png?width=1200&format=png&auto=webp&s=d6755a7229bb69aa9d8df30411e11999f5eeb76e
Price of 1 liter of gasoline: $ 0.01
According to the statement of the International Monetary Fund, the inflation rate in Venezuela will reach 1,000,000% at the end of 2018.
The leading causes of the economic crisis are structural and political factors. It triggered a significant dependence on imports, a decrease in world oil prices, and state control over the production and distribution of food.
You can find more information about the stock market, commodity market, and FOREX on the ITRADER site.
This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Past performance is not a reliable indicator of future results.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.16% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II).
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Dive Bar Pub Crawl 2018 - First six stops

I'm doing a tribute to the 24 days of Christmas by going over the financial statements of 24 companies that are considered downrange, speculative, and just plain high risk.
The legal cannabis industry already has a ton of risk in it - but this stuff - is only for thrill seekers. All opinions are my own, and certainly not a recommendation for or against any of them, or to buy or sell.
I've limited myself to 45mins to each, and kept to most recent financial statements and MD&A's. You'll likely know more about the company than me if you're following them. This is only my reactions with a brief commentary about what I see in their latest financial statements.
I haven't been consistent in following them all over the past year: some I have, others not.
Ah, it's that time of the year again.
The smell of chestnuts roasting....the sights of snack tables filled with shortbread & egg nog....of lights and decorations and presents....and that time when the elves revisit the route on their 2017 Dive Bar Pub Crawl.
Some of the share prices have been up and down faster than a toddler's mood. Let's take a look, and see who has been 'naughty' or 'nice'.
MPX - MPX Bioceutical
Price then: $0.40 - Price Now: $0.87
Recently, I toured their Nevada facility, and wrote their financials up here, and you can find the grow op writeup here. Gonna cheat a little this year, and refer to that.
KALY - Kalytera Therapeutics, Inc.
Price then: $0.29 - Price Now: $0.065
Ugh. Just ugh. As I said last year, pharma is outside of my wheelhouse, as does financials related to them. Anyhow, I still think the financials suck.
GLH - Golden Leaf Holdings
Price then: $0.28 - Price Now: $0.13
While searching for a reason for the merger cancellation, I came across a Terra Tech comedy sketch. Sadly, there is not even a mention of the merger 'oopsy' on their website. Seriously, if space becomes available in the Crawl, Terra Tech is first in line.
As for GLH....well....caveat your fucking emptor. Eye bleach is/was too gentle a term for this outfit's fins.
THC Biomed
Price then: $0.80 - Price Now: $0.32
Through disclosure, we know that they pay $25 an hour, a $500 xmas bonus, and 250,000 stock options. Which is pretty good. Qualification is that you have to be a close family member of the CEO, and buy $1,400 in product.
Well, there's many different fish in the sea. But I do suspect that this isn't a fish, it's just a sea slug.
EAT (Nutritional High)
Price then: $0.22 - Price Now: $0.18
Ok. They have stuff littered everywhere, and it doesn't look like any of it is worth anything. Oh, wait, that's what I said last year.
Realistically, to get a good handle on this thing, one would need an Act of God. I waited for a little while, but it didn't happen. On to.....
RVV - Revive Therapeutics
Price then: $0.30 - Price Now: $0.09
Heavy in options, some design around clinical trials. Nothing much else stands out. Again, pharma and value hunting in research ain't something I know much about. The entire assumption in here is that they'll actually put out someday, or get taken out by a larger fish (hopefully for more than the $10MM they've dumped into it). Anyone investing in stuff this downrange, better have your scope sighted in.
Or perhaps you know that the FDA's granting of orphan drug status for CBD in the prevention of ischemia and reperfusion injury resulting from solid organ transplantation is just the shot in the arm this company needed. If you do, please keep it to yourself.
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DIGITAL GOLD BENEFITS AND MERITS

DIGITAL GOLD BENEFITS AND MERITS

https://preview.redd.it/9rjz8nwx2uy31.png?width=521&format=png&auto=webp&s=983e65d2f6b04e623a513cfee7091402600b9cca
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CONCLUSION
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The richest man in the world lost $ 7 billion in a day

The richest man in the world lost $ 7 billion in a day
Amazon founder CEO Jeff Bezos has lost nearly $ 7 billion due to a fall in the company's stock following a third-quarter results report, according to CNBC.
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The corporation's report said that Amazon's operating income declined to $ 3.2 billion over the same period in 2018 when it was $ 3.7 billion. Besides, the company's net profit fell to $ 2.1 billion against $ 2.9 billion for the same reporting period in 2018.
The main reason for Amazon's weak performance was the increase in costs of free one-day delivery to Prime customers. The company explained that it is investing heavily in logistics and service infrastructure.
Back in the previous quarter, Amazon indicated that it spent "a little more" than it intended to work on this project. It was about $ 800 million. The company did not disclose how much it spent on the project in the third quarter. Still, financial director Brian Olsavsky said that Amazon plans to allocate $ 1.5 billion in the fourth quarter.
After the release of the report, the value of the company's securities decreased by 9%, which is why, according to CNBC, Bezos lost $ 6.9 billion. Subsequently, Amazon's stock price rose to $ 1.76 thousand apiece but later fell again.
If Amazon shares continue to fall in price, Bezos could lose the status of the richest man in the world and give up first place in the list of billionaires Bloomberg Billionaire Index to Microsoft founder Bill Gates, the channel notes.
In early October, Forbes reported that the fortune of the head of Amazon after a divorce from his wife fell by $ 46 billion compared to last year, to $ 114 billion. With the divorce, Mackenzie Bezos received about 19.7 million shares of Amazon, which allowed her to get on the list of the wealthiest people in the world. Now she takes the 21st line there with $ 35.8 billion.
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Telegram allowed that TON launch could be postponed for six months or a year

Telegram allowed that TON launch could be postponed for six months or a year
The team wants to resolve disputes with the US regulator during this time, sources said.
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Telegram may postpone the launch of the TON blockchain platform for six months or a year due to an injunction in the United States. About this, Forbes told two project investors.
According to one of the interlocutors of the publication, the team of the founder of Telegram, Pavel Durov, is confident that during this time, he will be able to resolve all disputed issues with the US Securities and Exchange Commission (SEC).
The Telegram management will make the final decision after the court on October 24 considers the SEC statement to suspend the release of the Gram cryptocurrency. Up to this point, Telegram representatives will limit their communication with investors, said the source of the publication, close to the team of Durov.
On October 11, the US Securities and Exchange Commission secured a temporary injunction against the issuance and further sale of Gram tokens in the United States by Telegram Group and TON Issuer. SEC insists that Gram is a security, which means issuing it involves issuing a prospectus and disclosing information about the financial condition, management, and risk factors.
Telegram planned to launch the TON blockchain platform by October 31. Otherwise, the company promised to return the invested $ 1.7 billion to investors. However, The Bell writes that Telegram management can avoid the need to return the investment since the agreement classifies the SEC ban as force majeure.
Officially, Telegram representatives did not comment on the cryptocurrency ban.
You can find more information about the stock market, commodity market, and FOREX on the ITRADER site.
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Telegram allowed that TON launch could be postponed for six months or a year

Telegram allowed that TON launch could be postponed for six months or a year
The team wants to resolve disputes with the US regulator during this time, sources said.
https://preview.redd.it/v27xl5xh0xs31.png?width=810&format=png&auto=webp&s=577119d8ca9968e2e329afb4bc0807b14a72655e
Telegram may postpone the launch of the TON blockchain platform for six months or a year due to an injunction in the United States. About this, Forbes told two project investors.
According to one of the interlocutors of the publication, the team of the founder of Telegram, Pavel Durov, is confident that during this time, he will be able to resolve all disputed issues with the US Securities and Exchange Commission (SEC).
The Telegram management will make the final decision after the court on October 24 considers the SEC statement to suspend the release of the Gram cryptocurrency. Up to this point, Telegram representatives will limit their communication with investors, said the source of the publication, close to the team of Durov.
On October 11, the US Securities and Exchange Commission secured a temporary injunction against the issuance and further sale of Gram tokens in the United States by Telegram Group and TON Issuer. SEC insists that Gram is a security, which means issuing it involves issuing a prospectus and disclosing information about the financial condition, management, and risk factors.
Telegram planned to launch the TON blockchain platform by October 31. Otherwise, the company promised to return the invested $ 1.7 billion to investors. However, The Bell writes that Telegram management can avoid the need to return the investment since the agreement classifies the SEC ban as force majeure.
Officially, Telegram representatives did not comment on the cryptocurrency ban.
You can find more information about the stock market, commodity market, and FOREX on the ITRADER site.
This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.16% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II).
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Developer from Indonesia became a billionaire after the growth of his company shares by 500%

Developer from Indonesia became a billionaire after the growth of his company shares by 500%
The value of the shares of the developer Pollux Properti Indonesia has grown by more than 500% since mid-July 2019. As a result, the primary owner and CEO of the company, Nico Purnomo Poe, became a dollar billionaire with an estimated value of $ 3.6 billion, Bloomberg writes.
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As of October 14, Pollux shares are trading at 7,000 Indonesian rupees per share ($ 0.49), with a capitalization of 58.02 trillion Indonesian rupees (about $ 4.1 billion).
According to Bloomberg estimates, a company's value is 34 times the size of its net assets and ten times the market average. Since mid-June, the daily trading volume of Pollux shares has reached $ 70,000, which is not a very large volume for such a sharp increase in value, the publication notes.
The rapid rise in stock prices reflects the investment attractiveness of future projects and the company's prospects, says Nico Purnomo Poe. According to the owner of Pollux Properti, the stock is growing because the company has shown that it can fulfill promises to customers.
The company recently completed the construction of the World Capital Tower business complex, which has become one of the tallest buildings in Jakarta. However, other Pollux Properti projects have not yet been completed, Bloomberg points out.
Pollux Properti's profit for the first half of 2019 increased by 201% compared to the same period in 2018 and reached 35.9 billion rupees ($ 2.5 million), it follows from the company's statements.
The sharp rise in shares of Pollux Properti attracted the attention of the Financial Services Authority of Indonesia. The regulator monitors the situation together with the Indonesia Stock Exchange, which in early September temporarily suspended trading in Pollux Properti shares. Now trading resumed.
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Facebook will pay only parts of the media for publishing their materials

Facebook will pay only parts of the media for publishing their materials
Partners will receive from several hundred thousand dollars to $ 3 million per year.
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Facebook will not pay all the media that agree to post their materials in the news section of the News Tab social network. Only a quarter of partner publishers will get paid, writes The Wall Street Journal, citing sources familiar with the situation.
The launch of the News Tab is scheduled for October 2019; the section will appear in the Facebook mobile application. At the start, there will be 200 publications from various sources. One of the interlocutors of WSJ claims that the company never planned to pay all partners.
According to the publication, the social network offers partners, which consist of significant media holdings and federal news agencies, three-year contracts with annual payments ranging from several hundred thousand dollars for regional publications to $ 3 million per year.
Facebook is negotiating publications with Dow Jones & Co (publisher of The Wall Street Journal), Washington Post, New York Times, Business Insider, BuzzFeed, HuffPost, Philadelphia Inquirer, and others.
The News Tab will be in the bottom menu of the Facebook mobile application. When you open the tab, the user will be taken to the section "Top News" with ten headlines from different publications. According to WSJ, there will be no ads in the News Tab feed.
The curators will put the collections in the section "Breaking News" for this Facebook will hire journalists. News in other parts ("Sports," "Entertainment," "For You" and so on) will collect algorithms. Facebook will allow the media to choose the format for posting materials - the publication of full texts on the social network or only headings with links to the publication's website.
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This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments.
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Green zone: Dow Jones is rising again

Green zone: Dow Jones is rising again
US stock indexes finished Wednesday on a positive. Standard & Poor's 500 increased by 21.54 points (0.72%), amounting to 3000.93 points on September 11. The Nasdaq Composite value increased by 85.52 points (1.06%) - up to 8169.68 points. The Dow Jones Industrial Average index increased by 227.61 points (0.85%) - up to 27137.04 points.
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At the same time, the Dow Jones Industrial Average will finish in positive territory for the 6th day in a row, which has not happened since June 10. Besides, for the first time since July, it exceeded the mark of 27,000 points, and Standard & Poor's 500 rose above the level of 3,000 points for the first time in 6 weeks, according to MarketWatch.
The Russell 2000 Small Capitalization Companies Index rose 2.1%, increasing the rise from the start of the week to 4.6%. The S&P 500 added just 0.5% since last Friday.
GameStop Corp Securities Price (NYSE: GME). collapsed by 9.8% after a video game retailer reported a loss of more than $ 400 million last quarter. At the same time, revenue and adjusted earnings fell short of analysts' forecasts.
Cost of Amazon.com Inc (NASDAQ: AMZN) rose by 0.1%. The US Federal Trade Commission (FTC) has launched a survey of representatives of small companies that sell products on the Amazon platform to determine whether the e-commerce giant uses its market power to infringe on its competitors.
Securities of Apple Inc. (NASDAQ: AAPL) added 3.2%. A day earlier, the company introduced three new iPhone models, including cheaper ones, and talked about plans to enter the video streaming market, where it will offer a subscription at attractive prices for customers. Apple seeks to offset the slowdown in sales of its devices by expanding its offer of new services, including streaming TV and video games.
Quotes of Taxi order services, such as Uber Technologies Inc. and Lyft Inc. increased by 1.5% and 2.4%, respectively. The Senate of the US state of California approved a bill that could oblige companies in the so-called gig economy to consider independent workers their employees.
Granting independent employee status to company employees and compensation payments will increase Uber and Lyft expenses per driver by $ 2-3.6 thousand per year, according to a study by Barclays Plc (LON: BARC) and Macquarie Capital.
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This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Past performance is not a reliable indicator of future results.
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WeWork valuation before IPO fell from $47 billion to $ 20-30 billion

WeWork valuation before IPO fell from $47 billion to $ 20-30 billion
The WeWork coworking network has lowered its estimate before the IPO, due in 2019. The Wall Street Journal, Bloomberg and CNBC write about it citing their sources.
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Interlocutors of WSJ and Bloomberg say that WeWork expects an estimate of $ 20 billion to $ 30 billion. CNBC sources say that the forecast is $ 25 billion. These amounts are one and a half to two times lower than the estimate of $ 47 billion that WeWork received from private investors in January 2019.
The final estimate may still change depending on investor demand, Bloomberg points out. Now WeWork and its investors, including SoftBank, are discussing the terms of the sale of shares. According to the publication, the company expects to sell shares for $ 3.5 billion and plans to hold a series of meetings with investors and analysts until September 15.
According to WSJ, at the end of August, the head of WeWork, Adam Neumann, flew to Tokyo to meet with SoftBank CEO Masayoshi Son and discuss the possibility of additional financing for the company. According to sources, the parties discussed several options:
SoftBank will act as the primary investor during the IPO and will buy back most of the shares that WeWork expects to sell for up to $ 3-4 billion.
SoftBank is additionally investing in WeWork, which will allow the company to postpone its IPO until 2020.
The interlocutors of WSJ were not able to say whether SoftBank will ultimately additionally invest in WeWork. A WeWork representative declined to comment.
Founded in 2010, WeWork has raised more than $ 12 billion over nine years and is still unprofitable. It follows from the August prospectus that the company's loss in the first half of 2019 was $ 904 million with revenue of $ 1.5 billion.
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Apple introduced the iPhone 11 Pro and Pro Max with a triple camera

Apple introduced the iPhone 11 Pro and Pro Max with a triple camera
Apple introduced the iPhone 11 Pro and Pro Max with three main cameras at 12 MP. The broadcast of the annual autumn presentation of the company was conducted on YouTube.
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The new iPhone will have: a camera with an ultra-wide-angle lens with a coverage of 120 degrees, a camera with a telephoto lens and a regular camera (in Apple it is called simply wide-angle). Apple also showed the Deep Fusion feature, which takes several shots and combines them into one image to “pull out” as many details as possible.
All three cameras shoot video in 4K resolution and 60 frames per second. New functions have appeared in the photo and video editor - for example, in one window you can see how the frame from each camera looks and select the best one.
iPhone 11 Pro and Pro Max are equipped with a new OLED screen. The smartphone supports Dolby Vision and Dolby Atmos; Apple called the Super Retina XDR display. The screen size of the Pro will be 5.8 inches, and the Pro Max - 6.5 inches. Both models are equipped with an A13 Bionic processor.
The iPhone 11 Pro will last four hours longer than the iPhone XS, and the iPhone Pro Max five hours longer than the iPhone XS Max, the company said. The kit will go fast charging.
Smartphone sales in the first wave countries will begin on September 20, 2019. The iPhone 11 Pro and iPhone 11 Pro Max will be available in four colors: dark green, silver, gold and space gray. Available memory: 64 GB, 256 GB and 512 GB.
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Google released Android 10 for Pixel smartphones

Google released Android 10 for Pixel smartphones
Google has released the first stable version of the Android ten operating system for regular users. While it is available only for Google Pixel smartphones.
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The company promised that on smartphones from other manufacturers, Android 10 would appear later in 2019. The exact dates and specific partners at Google were not named. Some models of smartphones Huawei, OnePlus, LG, Xiaomi, and other manufacturers participated in testing the beta versions of Android 10.
Part of the features that Android 10 received:
A dark theme which can be activated both for individual applications and for the entire system.
The "smart answer" supports various actions with notifications: for example, the system prompts you to immediately open the link in Chrome, the video on YouTube, the address in the maps application.
Updated navigation with gestures: swiping on the screen replaces the "Back" button; by default, when swiping to the right, the system deletes the notification, and when swiping to the left, it opens a new menu.
Live Caption - creates subtitles for video and audio clips (for example, podcasts or audio messages) in any application in real-time.
Security updates and other vital components of the Android OS are downloaded via Google Play. This way, Google will be able to quickly distribute essential updates without waiting for device manufacturers to download them.
Control over track location. For example, a user may restrict tracking for applications to their active use only. The system will warn if an application continues to track location after closing.
Focus Mode allows you to temporarily disable applications that distract the user from the main work, including social networks, instant messengers, YouTube, and more. The feature will be available later in 2019.
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This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments.
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Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II).
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KFC will start selling vegetable-based chicken nuggets using Beyond Meat in the US

KFC will start selling vegetable-based chicken nuggets using Beyond Meat in the US
KFC fast-food chain will begin selling vegetable-based chicken nuggets and wings Beyond Fried Chicken from artificial meat producer Beyond Meat. Testing will be conducted at one of the KFC restaurants in Atlanta, Forbes writes.
Testing will begin on August 27, 2019. How long it will last is not specified. The company wants to collect feedback from visitors before deciding whether to launch the product in several establishments or throughout the network in the United States, Business Insider notes.
KFC will sell nuggets for $ 1.99 for four. Wings will cost $ 6 for six or $ 12 for 12 wings, respectively.
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According to the Plant-Based Foods Association, retail sales of plant-based products grew 11% in 2018 in the U.S. The organization estimated the market for such products at $ 4.5 billion, Forbes notes.
In May 2019, KFC head in the U.S Kevin Hochman said that the company was interested in artificial meat producers. Then he emphasized that in the near future, the network was not going to introduce vegetable-based chicken into the menu.
Beyond Meat was founded in 2009 in the USA. The company produces products from plant ingredients that mimic the taste and texture of real Meat. The company held an IPO in May 2019.
Beyond Meat already collaborates with Carl's Jr., Dunkin' Donuts, Burger King and other restaurants and shops.
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Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II).
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Top 3 most profitable companies in China

Top 3 most profitable companies in China
China has become the center of development of the global economy, and Chinese companies have shown excellent financial performance in recent years.
Fortune magazine ranked the 500 largest Chinese companies.
The joint profit of China's three most profitable companies reached 1.46 trillion yuan, accounting for 40.3% of the total benefit of all companies, the study said.
Below we will talk about the three most profitable companies in China.
3rd place: China Construction Bank
China Construction Bank is one of the largest banks in China.
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The China Construction Bank network has 14,925 branches in mainland China, as well as ten branches outside (in Hong Kong, Singapore, Frankfurt, Johannesburg, Tokyo, Seoul, Sydney, Taipei, New York, and Ho Chi Minh City).
And a number of subsidiary banks, such as CCB Principal Asset Management (asset management services), CCB Financial Leasing (lending), CCB Trust (trust fund), CCB Life (insurance), Sino-German Bausparkasse (Sino-German building society), CCB Asia (Asia), CCB London (UK subsidiary), CCB Russia (Russian subsidiary), CCB Dubai (Dubai subsidiary) and CCB International.
2nd place: Bank of China
Bank of China is a Chinese financial group formed based on the oldest of the current Chinese banks. Headquarters - in Beijing.

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The main activity is commercial banking; it accounts for 90% of operating profit; this area includes corporate banking (42%), private banking (33%) and treasury operations (15%).
The main region of activity is in mainland China (PRC, excluding Hong Kong and Macau). Hong Kong, Macau, and Taiwan account for 17% of assets and 23% of operating profit.
The group's overseas network consists of 545 branches in 53 countries, the most significant presence in Canada, the UK, and Singapore.
1st place: Industrial and Commercial Bank of China
ICBC is China's largest commercial bank. The company enters the Big Four of the largest state-owned banks in China (along with Bank of China, Agricultural Bank of China and China Construction Bank).
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The PRC government owns the majority stake through several state-owned investment companies. In general, ICBC has more than 500 thousand shareholders.
ICBC controls a fifth of China's banking sector.
The main region of activity is the People's Republic of China: it accounts for more than 90% of the bank's revenue and assets (with half of the foreign activity accounted for by the special administrative regions of the PRC of Hong Kong and Macau).
The bank's overseas network includes 419 organizations in 45 countries and is also present in 20 more African countries through partnership with the South African Standard Bank.
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This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Past performance is not a reliable indicator of future results.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.16% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Top 3 most influential Chinese brands

Top 3 most influential Chinese brands
The American information-analytical and consulting network Kantar together with WPP published a report on influential Chinese brands.
It is noted that the strength of Chinese brands is growing fastest in Japan, France, and Spain, which are developing growth centers.
3rd place: Alibaba
https://preview.redd.it/vu5queiim2b31.png?width=800&format=png&auto=webp&s=1aa1c3081c6a3460ecb8cd0d88c720c5ee6ef2d1
Brand strength: 1.624
% change compared to 2018: 48%
Chinese e-commerce publicly-traded company, owner of B2B web portal Alibaba.com. Company's headquarters locates in Hangzhou. The main activities are trading between companies in a B2B scheme and online retail trading.
2nd place: Lenovo
https://preview.redd.it/pfm63cwrm2b31.png?width=958&format=png&auto=webp&s=e3a0ea065c3efbac5da67b566eda54f7d9a1935b
Brand strength: 1.698
% change compared to 2018: 0%
Lenovo is the Chinese company, which produces personal computers and other electronics. It is one of the largest manufacturers of personal computers.
Lenovo's headquarters are located in Beijing, China, and a company is registered in Hong Kong. The main research centers of the company are located in Beijing, Shanghai, and Shenzhen (PRC), as well as in Yamato (Japan).
1st place: Huawei
https://preview.redd.it/u61uetfum2b31.png?width=1200&format=png&auto=webp&s=30d91c3bf00d76386641a05661d147935b4f736a
Brand strength: 1.862
% change compared to 2018: 22%
Huawei is one of the world's largest telecommunications companies. Huawei founded in 1987 by the former engineer of the People's Liberation Army of China, Zhen Zhenfei.
You can find more information about the stock market, commodity market, and FOREX on the ITRADER site.
This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Past performance is not a reliable indicator of future results.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 87.07% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II).
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Unleashing The Hidden Investment Scam : WorldWide.Energy

Unleashing The Hidden Investment Scam : WorldWide.Energy
What youre about to read is not an opinion or tell-tale. What youll read are facts spoken by representatives of https://WorldWide.energy and their Victims.
Disclaimer:
https://WorldWide.energy which is the subject of this reivew is not the same as World Wide Energy LTD or INC which is a legitimate energy company
Lets get started:
So it all started when one of my friends came to me explaining the biggest gig and the most lucrative opportunity he has come across. Its the investment that you would not want to miss
My friend invited me for an official meeting with him and one of the people who works forhttps://worldwide.energy so that they have the chance to explain the project to me and let me in
https://Worldwide.energy scheme:
The whole investment concept of this company relies on three aspects :
1- Oil Trading
2- Electronic Energy Coin [ E2C]
3- Green Energy
How this scam works?
They set up meetings with their victims, personal meetings, not in offices nor in any official corporate place cuz they dont have any
They invite people to join and start their investment with three options:
1- minimum of 1K $ which is the Bronze package [ 8-10%] annual returns
2- Minimum of an avg of 20K $ which is the silver package [ 10-12%] annual returns
3- Minimum of an avg of 60K $ which is the gold package [ 12-14%] annual returns
once one deposits his/her money into their account at https://worldwide.energy [ which you cant register one for free or trial mode] this amount is frozen and blocked which is called the Capital Investment
Every month there will be a monthly returns on your account which differs according to your package. You can withdraw the profits every month but you can't withdraw or pull out your original capital investment cuz its blocked.
Suppose you started with 20K $, at the end of the year if your profits reached 22K $, then you can only withdraw 2K $ and not the whole amount which is ridiculous
What decides if you would lose or gain is the companys trading operations in Oil. If they continuously wining then you are profiting if they lose then you lose as well
Now coming to the brain butter, how they send you your monthly profits?
They use Electronic Energy Coin [ E2C] which is their proprietary coin. Basically they share with you an app [ my trust wallet] and they send you your monthly profits in E2C Only. Then you go and create an account at Tidex and trasnfer the e2c you got from them to this account at Tidex so that you can change them to Bitcoinc, Etherium etc.....Then youre on your own to change them to your local currency
They tell their victims that their proprietary E2C will get into the stock market with a minimum exchange price of 1 E2C = 50$ and thats how they lure their victims to deposit more into their account and buy more packages
Why this scheme is a pure screaming scam ?
Well, lets put that into bullet points
The company doesnt have any official physical address in any location around the world nor any contact number. An Investment company should have at least one contact number and one physical address. Even if it's an online business, there should be a network of support team who can be reached anytime and known to people
When we asked them about a physical location, they mentioned a consultancy office in London which is registered at the UK government website. Upon looking for that in the website of UK Government, we found that what they mentioned is their office turned out to be an office for Word Wide Energy LTD or INC which reveals another fact they lied about. see the link below
https://beta.companieshouse.gov.uk/search?q=worldwide+energy
The company listed in the link above is this http://www.worldwideenergy.com
which is completely different company as per what one of their representatives said not me. so this is another suspicion point
The company doesn't have a feasibility study nor official governmental registration that this company is a registered business entity and legal to operate
If you really have at least 1K $ to invest in E2C as it's cheap to buy now, why would someone waste 1k$ that may be irrecoverable and not waiting till E2C gets into the stock market then you can invest your money freely with this currency like you do with bitcoin or etherium. Why the fuck should I get into this scheme for this coin? If I have that money to invest, then I would wait till this currency gets into stock market then I can exchange freely without any intermediary entity
This investment is shit, what a silly ridiculous returns you get. So you start with 1K $ only to get 60 $ after one year????what if the company disappears ? what if the company blocked my account ?? what if the company went bankrupt ? you are doomed cuz no one you can reach out to
here's another report on the company and its relation to creator academyhttps://www.ripoffreport.com/reports/worldwideenergy/kuala-lumpur-kuala-lumpuworldwideenergy-unifunds-creator-academy-adrows-media-creator-army-ponzi-scheme-investmen-1430819
If you really want to invest your money, you can invest in stocks with a company that's known registered and have a track record. Forex, etoro...are examples
If you want to invest into Crypto currencies they you have coinbase, gemi ...all are wallets for sending,receiving and exchanging cryptocurrencies
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Microsoft invests $1 billion in the organization for the development of artificial intelligence OpenAI

Microsoft invests $1 billion in the organization for the development of artificial intelligence OpenAI
Microsoft said it planned to invest $1 billion in the organization for the development of artificial intelligence OpenAI, according to the VentureBeat publication.
https://preview.redd.it/4mx4p4vja2c31.jpg?width=3500&format=pjpg&auto=webp&s=4f508ea4e98779acca66737cbeb9f06d2021d45c
The companies have agreed to enter into a partnership to jointly develop AI technologies based on the Microsoft Azure cloud platform. Under the terms of the deal, the corporation will be able to sell products based on some OpenAI technologies. Besides, the organization will use the Azure cloud to test its AI models.
"AI is one of the most transformative technologies of our time and has the potential to help solve many of our world's most pressing challenges," said Microsoft CEO Satya Nadella. "By bringing together OpenAI's breakthrough technology with new Azure AI supercomputing technologies, our ambition is to democratize AI — while always keeping AI safety front and center — so everyone can benefit."
Co-founder of OpenAI, Greg Brockman, said that the company needed this partnership also because of the lack of computing power. According to the company, from 2012 to 2018, the number of calculations required for launching AI models increased more than 300 thousand times.
In 2018, a quarter of all expenses of OpenAI fell on cloud computing, Reuters writes. In 2017, the company spent in this area approximately $7.8 million.
The organization has released several projects: the OpenAI Gym AI research platform, the Neural MMO gaming platform for bots training, the MuseNet AI 4-minute composition generator, the OpenAI Five program, which beat the professional Dota 2 players and others.
OpenAI was founded by Elon Musk, Peter Thiel and other partners in 2015. All of them have invested $1 billion in the organization. Until 2020, the company planned to spend only "a small part of this amount."
In February 2019, Musk announced that he had left the company due to a conflict of interest. According to him, Tesla tried to hire the same people as OpenAI.
You can find more information about the stock market, commodity market, and FOREX on theITRADER site.
This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Past performance is not a reliable indicator of future results.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 87.07% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II).
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Sonder rental service raised to $ 210 million, valuing over $ 1 billion

Sonder rental service raised to $ 210 million, valuing over $ 1 billion
The rental service of premium apartments Sonder $210 millions during round D, with an estimate of more than $ 1 billion, the company blog says.
https://preview.redd.it/lghgr136mfa31.jpg?width=1024&format=pjpg&auto=webp&s=5a614400e5b23538af3b57ce01f1504a98a513c5
Investment companies Valor Equity, Westcap, and venture investor Nicholas Pritzker through Tao Capital Partners have become the leaders of the round. By the end of the summer of 2019, Sonder plans to raise another $ 15 million.
“The future of hospitality will be dynamic,” writes Sonder co-founder and chief executive officer Francis Davidson in a statement.
“It will demand flexibility. And that’s what our diverse, unique and adventure-seeking world is like too. That’s why, while our spaces will continue to take on new forms and expand to exciting neighborhoods around the world, a Sonder will always be unforgettable,” he added.
The company will spend the raised funds on opening a second headquarters in Canada and expanding the staff of designers, developers, and finance specialists.
Startup Sonder was founded in 2012 in San Francisco. Users can rent premium apartments without intermediaries using the service. Employees of the company are engaged in the design and equipment of flats, as well as ensure that customers have all the essentials.
“Canada has such a trajectory and momentum and it’s the obvious choice in my view,” Mr. Davidson said in the interview with The Globe and Mail. “You know the stories about the Bay area and how absurd the housing market has become. San Francisco is one of the most expensive cities in the world and that’s reflected in the salaries as well and the competitive war for talent. It would be unsustainable for us to continue to grow here."
There are more than 8,500 apartments in 20 cities of Europe and North America at the disposal of Sonder, according to TechCrunch. By the end of 2019, the company plans to increase revenue to $ 400 million.
You can find more information about the stock market, commodity market, and FOREX on the ITRADER site.
This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Past performance is not a reliable indicator of future results.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 87.07% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II).
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Nicolas Maduro ordered the largest bank in Venezuela to accept El Petro

Nicolas Maduro ordered the largest bank in Venezuela to accept El Petro
The largest bank in Venezuela, Banco de Venezuela, will begin to accept the national cryptocurrency El Petro. The corresponding order was given by President Nicolas Maduro, according to CCN.
https://preview.redd.it/vj49l5x2z1931.jpg?width=900&format=pjpg&auto=webp&s=68b8eb2eef9b47d7607218de3ec4d7dbbcc66654
Thus, the head of state issued an “urgent decree on the opening of Petro terminals in all branches of the Bank of Venezuela.” Note, there are about 790 Banco de Venezuela branches in the country.
In the local crypto community, the news was faced with enthusiasm:
“It is a bold and correct decision to move forward towards a hybrid economy where the fiduciary currency of a country competes face to face with cryptocurrency,” José Angel Alvarez, president of the National Cryptocurrency Association said.
“We should also note that Banco de Venezuela is the most important bank in the Venezuelan financial system and has the most significant number of clients. With this decision, this bank would become one of the exchanges with more physical offices in the world,” he added.
Recall, Venezuelan President Nicolas Maduro said for the first time about the creation of digital currency El Petro, which, presumably, should be provided with oil produced in the country, in early December 2017.
Later, by order of the president, some Venezuelan enterprises were obliged to make deals using El Petro, and then Nicolas Maduro announced that the country would have a new wage and price system tied to the national cryptocurrency.
You can find more information about the stock market, commodity market, and FOREX on the ITRADER site.
This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Past performance is not a reliable indicator of future results.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 87.07% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Legal Information: ITRADER is operated by Hoch Capital Ltd., a Cypriot Investment Firm (CIF), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 198/13, in accordance with the Markets in Financial Instruments Directive (MiFID II).
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