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Hey Oculus Twitterverse, You're Angry at the Wrong People
- Details
- Category: Crowdfund Investment
- Published on March 31, 2014
- Written by Jason Best
Last week Facebook announced it would acquire Oculus Virtual Reality for US$2 billion. 18 months earlier Oculus used crowdfunding platform Kickstarter to raise US$2.5 million from supporters. Unfortunately, none of those backers were equity holders. Owning equity in Oculus wasn't an option for these supporters because the JOBS Act, which was signed into law in April, 2012 and legalizes the ability for companies to use crowdfunding platforms to sell debt or equity, hadn't gone into effect yet. (It still hasn't 2 years later). Outside of Kickstarter however, there were some seed investors that were able to invest in Oculus at a $2.5M valuation. So you can understand why there are some pretty upset Oculus Kickstarter backers whose dollars didn't earn them an 800x return like the investors but feel they are partially responsible for the success.
This is not another rehash of the Occulus acquisition by Facebook. I am only focusing on one thing; misdirected anger. Occulus and Kickstarter did exactly what they offered in their kickstarter campaign. They didn't create the laws that prevented people from investing in private companies unless you are the wealthy 1%. They also didn't create the laws that made it illegal to use kickstarter-like platforms to raise equity for a business until the JOBS Act goes into effect.
It is time to stop directing their anger at Oculus or Kickstarter. Instead, supporters should shift their dismay to the group that prevented them from making an investment in that company (that had the chance to reap a financial gain in the process) in the first place: The Securities and Exchange Commission (SEC). If the SEC had moved faster to write and approve the rules for equity crowdfunding for unaccredited investors (a.k.a. the vast majority of people living in the U.S.), then Occulus could have made the decision to raise money via either equity or debt crowdfunding (likely equity since it had no revenues or prospects for very near-term revenues to support a debt repayment). IF they had made this decision to raise money via equity crowdfunding and IF individuals made these investments, they would have reaped the same rewards as other stockholders with the same class of stock.
My point in not to say that everyone is going to get rich on investing in startups. My point is that if the SEC had moved more quickly in their rule making progress (remember, it is now 2 years since the President signed the bill), tens of thousands of businesses and startups across the US could have had new options to consider in raising capital for themselves. This would have created more jobs and innovation for our economy and potentially other companies that might have created a financial gain for their investors. Not the "truth is stranger than fiction" type of returns Oculus delivered, but returns (via equity or debt investments) none the less. Let's congratulate innovation and hard work and let's direct the frustration with the inability to make investments in startups and private companies, at those that can can help alleviate it.
If the SEC will move forward and issue final rules that provide companies with the opportunity to raise capital, other companies will have a shot at building their vision and regular investors will have the chance to be a part of it if they choose to be.
PLEASE NOTE: It is entirely unlikely and insanely rare for a company to sell for $2B in less that 2 years (or ever, for that matter). Historically, most startups fail and historically, most people who make investments in early stage companies or small businesses loose money. Making investments in startups and small businesses is very high risk and if one chooses to make these high risk investments, they should be limited to a very small percentage of their total portfolio.
Crowdfunding and Climate Innovation - The Next Step in Funding Impact Investing
- Details
- Category: Creating a Global Framework
- Published on December 17, 2013
- Written by Sherwood Neiss
The future of Impact Investing and Crowdfunding was on display in Nairobi, Kenya last week. At the World Bank/infoDev's annual funding meeting their budget was divvyed up among the creation of Climate Innovation Centers (CIC) in Kenya, Ethiopia, South Africa, Vietnam and the Caribbean and new funding mechanisms to allow the Bank to effectively seed innovative via crowdfunding.
CIC's are incubators training impactful, locally sustainable technology companies. Examples include a biofuel gas stove company that can reduce carbon emissions and black smoke disease and a household filtration system company that recaptures and recycles water allowing women to perform their duties while saving them hours from painstakingly carting water jugs on their shoulders.
The new funding mechanism, called crowdfunding, will use the Internet, technology and the social network to connect would-be entrepreneurs with diaspora money. It will allow investors anywhere to identify a wellspring of opportunity in emerging markets, fund their entrance into incubators, and seed them with capital. The CICs will provide training in management, operational and financial systems, procedures and controls. They will also teach entrepreneurs how to broaden their fundraising efforts via crowdfunding to solicit future growth capital from investors who share similar communities and homestrings. These investors won't be traditional institutional investors but Africans, Asians and Carabineers who live abroad and wish to remit funds into these investment opportunities from their sofas in Detroit, Michigan or London.
Crowdfunding isn't just a fad, it is turning out to be a powerful tool to democratize access to capital globally. Research conducted by the University of California, Berkeley shows that funding by the crowd operates in a rational manner (eg: no hype), removes the stickiness of the process (eg: brings documents online, allows multiple parties to diligence and vet at the same time, and facilitates the immediate transfer of information and cash). The industry which only started to gain traction in 2009 is already a multibillion dollar industry that consists of entrepreneurs, fundraising websites, ecosystem players that provide vale added services and of course at the center investors.
For the CICs and other considering this path the next steps are creating education, training and a funnel of opportunities. This requires the connection of stakeholders in the private sector who focus on teaching entrepreneurship and merging those principals with crowdfunding and accounting. The stakeholders include organizations focused on building entrepreneurial capacity, crowdfunding education companies and tools that facilitate the accounting of businesses and their structures and processes. Sherwood Neiss of Crowdfund Capital Advisors says, "This fits perfectly with our firms capabilities. Our principals are all successful entrepreneurs, who have raised millions of dollars in the private capital markets, hosted successful crowdfunding campaigns and wrote the framework for the crowdfunding law."
Crowdfunding solves pressing problems for both NGOs and developing world entrepreneurs. It answers the question, where do I find capital? It makes the impossible possible. It provides a continuum of funding and community engagement from product to process. And allows investors to enjoy the greatest opportunity for economic value, which is created at the inception and historically limited to the very few.
But crowdfunding doesn't come without risks. And these risks (lack of oversight, regulation, & policy) can be greater in the developing world. There are ways to mitigate this risk. It begins with standardizing the process, coming up with a standard disclosures, connecting these ideas to co-working spaces, incubators and accelerators that are sponsored by trusted brokers like the World Bank and regulating all this online, via websites that are registered and tied into reporting systems where investors can see how their money is being spent.
In doing so the perennial question of trust and accountability are answered. This is about creating a value chain of opportunities and allowing investors to put their money where their mouth is. Businesses that are successful may not only have access to capital, but strong local resources to guide them and a distribution network of customer and investors for their product.
Not only are these technologies sustainable but the process by which they are funded is efficient. Consider electricity. There has been a movement in the developing world to decentralize and promote off-the-grid technology that create mini grids. Rather than using mega public funding to finance nationwide electrical infrastructure that take decades and billions, we may now use crowdfunding to create mini funding events and have an impact almost instantly and at a subfraction of the cost. And by narrowing the funding target business models are promoted that are appropriate for a particular village or region rather than tackling national issues.
As countries move from donation or perks based crowdfunding to debt and equity crowdfunding policy will need to be addressed. The financing policy environment will be extremely important. Policy controls whether companies can succeed. Where they can do business and how much they can charge for things like electricity. Policy needs to be enabled that allows these crowdfunding ecosystem to flourish. This was the subject of the World Bank's report Crowdfunding's Potential for the Developing World.
With $60B in remittances already flowing into Africa a year but often times being immediately spent for goods or safety concerns over hording cash. Crowdfunding may allow diaspora communities to engage directly with locally sustainable businesses that are having an impact and creating jobs and economic prosperity. Crowdfunding will address the gender inequality issue as more female investors back more female entrepreneurs and promotes economic inclusivity particularly for parts of the work that historically have been called "the bottom of the pyramid." The time is here, the World Bank is taking the next steps. What is your country doing?
SEC Votes Unanimously for Crowdfunding Rules
- Details
- Category: Creating a Global Framework
- Published on October 23, 2013
- Written by Sherwood Neiss
October 23, 2013 - Washington, DC. Today, the SEC took the important next step in legalizing debt and equity based crowdfunding in the USA. In an hour-long hearing all 5 commissioners, including two conservative ones, voted in favor of updating the securities laws to the way we live our lives today via the Web and social media. "This is a huge step forward in our fight to increase access to capital for startups and small businesses," says Jason Best, principal of Crowdfund Capital Advisors and co-creator of the Crowdfunding framework that was signed into law by President Obama. "The work isn't done. We need to review the rules and provide substantive feedback on them so they can be finalized. We look forward to continue working closely with the industry, the Securities and Exchange Commision and FINRA to finish the process."
Crowdfunding is an Internet phenomenon that uses the social network and crowdfunding websites to facilitate the funding of startups and small businesses. It takes traditional "friends and family financing" and expands it to make it faster and more efficient to attempt to raise money for a business. With the passage of the JOBS Act in 2012, the United States paved the way to use money raised via the internet and social networks as an investment rather than a donation or pre-order for a product. The industry has grown dramatically in volume in just a short period. A University of California Berkeley Study claims the market size will reach almost $4B when debt and equity crowdfunding begins.
Entrepreneurs will be able to seek up to $1M/year on regulated crowdfunding websites either known as funding portals or broker/dealers. Investors are limited as to how much they can invest based on the following income or net worth thresholds.
Income or Net Worth
Maximum You can Invest across all crowdfund opportunities/year
< $100,000
5% of your income or net worth. Whichever is greater
> $100,000
10% of your income or net worth up to $100,000
Investors need to understand that investing in startups and small businesses is a high-risk investment. While entrepreneurs must submit to a fraud and background checks the reality of business failure and fraud still exists. "We believe a risk greater than fraud is failure, despite the best efforts of the entrepreneur," say Best.
"Entrepreneurs should take the time to educate themselves," says Sherwood Neiss, principal at Crowdfund Capital Advisors and also co-creator of the crowdfunding framework signed into law by President Obama. "Raising money is not easy, nor should it be. We want entrepreneurs to be successful but we also want them to understand the seriousness and responsibility of taking investor money and reporting to them. This is why we created Success with Crowdfunding to help entrepreneurs and investors better understand this new type of investment and how best to use it."
Neiss and Best aren't done. They just released a report in conjunction with the World Bank entitled Crowdfunding's Potential for the Developing World. In the report they provide a roadmap for governments interested in implementing crowdfunding ecosystems to analyze whether they have the variables necessary for the environment to flourish. They estimate that the global opportunity for crowdfunding will exceed $90B within 20 years. They just returned from being part of a U.S. State Department Delegation to Kuala Lumpur, Malaysia where they presented at the Global Entrepreneurship Summit and from the first Academic Symposium on Crowdfunding, held at UC Berkeley where leading academics presented research papers on key findings related to crowdfunding.
Why is September 24th a Huge Day for Entrepreneurs? Title II of the JOBS Act and Crowdfunding for Accredited Investors Begins
- Details
- Category: Crowdfund Investment
- Published on September 20, 2013
- Written by Sherwood Neiss
More Investment Money Means Potentially More JOBS!
On September 24th, there will be a sea change in how entrepreneurs can seek money from early stage investors - one of the largest changes to securities laws in 80 years. On September 24th, Title II of the JOBS Act (a seven-part Act signed into law by President Obama on April 5, 2012) goes into effect. Here are the key questions to be asking.
Question: What is the change is that is going into effect?
Effective as of September 24, 2013, Issuers of shares (under New Rule 506c) may use general solicitations and general advertising to effect a private placement. Prior to this any public means of communication like magazines and television were excluded from avenues for raising money for companies unless they were public. You really needed to know someone who was raising money in order to invest. There must have been a pre-existing relationship. Now that pre-existing relationship doesn't have to be there. So businesses can reach more potential investors, faster, via the Internet and social media.
Now private companies can use those mediums as well as the Internet and the social network to reach millions of potential investors. This reverses an eight-decade-old law.
Question: Can anyone invest? Is this crowdfunding for unaccredited investors that we've been hearing about?
No, not anyone can invest. While anyone can see the solicitation for funds, the completed sales, must only be to "accredited investors" and the Issuer (the company, broker/dealer or 3rd party Web platform) has the burden to verify that the investor is "accredited." An accredited investor is someone who makes over $200,000 for the last 2 years or has a liquid net worth of $1M. Crowdfunding for unaccredited investors is still waiting on the SEC to come out with the proposed rules. Unaccredited investors that might see these solicitations cannot invest in these offerings. Companies accepting funds must be careful to verify accreditation.
Question: What is the maximum amount that can be raised?
Unbeknownst to many people there is no cap on the amount that can be raised. While this has always been there, the ability to use the Internet to reach more investors has the potential to lead to a lot more investment money. This influx into the economy could be a boon for businesses and jobs. This can be beneficial for startups, small businesses and even Venture funds.
Question: What are the risks?
There are many.
- First, as with any investment there are no guarantees that you will see a return, that you will get your money back or a timeline attached to if and when you see a return.
- Second, there is no review of the offering by the Securities and Exchange Commission. Solicitations can be online or offline and made to any potential investor. While forms need to be submitted to the SEC, there is no requirement for review of the offering by any State Securities Commission. Since State Securities police the markets there is an opportunity for fraud.
- Third, this is really buyer beware. Investors need to be cautious before they invest. Investors should only invest in people they know and trust and opportunities they believe in. They should take time to educate themselves about investing in the private markets and understand that in many cases the securities they buy will not be liquid, meaning they are not converted into cash easily. As a matter of fact in many cases you might have to hold on to them until the business sells, merges or goes public.
Question: What are the benefits?
The majority of wealth in corporations happens at their early stage. While there is a tremendous amount of failure after 5 years, companies that succeed not only create a vast number of jobs but a return on investment that exceeds many other investment opportunities. That being said, investments into high-risk companies like startups and small businesses should never equate to more than 10% of an individual investor's portfolio.
- What does this change mean?
Issuers can reach moreWhy is this important?
- According to the IRS there are around 6M accredited investors in the USA.
- According to the Angel Capital Association:
- Only 10% of them invested in private companies
- However, those investors pumped $23B into those companies
- With the lift on the ban the potential to reach every 1% more of accredited investors represent another $2.3B into the economy and jobs
- Is this Crowdfunding?
- Crowdfunding is using the social network to solicit funds for an idea via an online platform likeIf a website like this is used under the new law and the solicitation is targeted to accredited investors, you could consider this the first wave of equity or debt-based crowdfunding.
- However the change in the law does not require the use of websites to facilitate theWe think this might be problematic because crowdfunding websites bring transparency to the process by forcing all the documents related to the offering online. This means there is a digital footprint of everything that happens. Digital footprints have been shown to increase transparency since people are afraid of repercussions. Not having a footprint of what people are offering or saying can lead to problems.
- When Title III of the JOBS Act goes into effect, businesses will be able to solicit both accredited and unaccreditedHowever there is a $1M cap on how much issuers can raise as well as caps on how much investors can risk. In what just went into effect, there are no caps on issuers or investors. This means investors can lose a great deal if they aren't careful.
- By not forcing this to happen on SEC registered websites, it might be difficult to police theTitle III of the JOBS Act requires that these transactions take place on websites that are registered with the SEC.
Net-Net This could be a huge influx of capital upwards of $2.3B for every 1% more of accredited investors that begin to invest in private companies.
- All issuers and participants in the offer and sale of securities who may elect to utilize the new freedoms afforded by Rule 506(c) should proceed carefully and to generally solicit and market the offering of unregistered securities in a manner that doesn't draw unwanted attention.
- Issuers should consider hiring a law firm like Ellenoff, Grossman and Schole to review their documents and assist with filing their forms with the SEC.
- Issuers should consider listing their offerings through an "accredited investor crowdfunding platform" like SeedInvest that can help them follow the steps to be compliant.
- If you are an entrepreneur and you have never raised money before, you need to EDUCATE yourself before you getThere are resources:
- Success With Crowdfunding– Provides online step-by-step training and education including:
- Introduction to Crowdfunding
- Title II for Issuers
- Title II for Investors
- Crowdfund Investing for Dummies – Lays the groundwork for raising money using the Internet and is a resource for issuers looking to raise money from both accredited and unaccredited investors.
- Success With Crowdfunding– Provides online step-by-step training and education including:
The Law
This isn't easy. Companies trying to raise money will have to work for it. Here's a breakdown of what issuers need to confirm. (Some of this is repetitious to above).
- All solicitations must be accurate
- Companies need to make sure each potential investor receives a full private placement memorandum (these require lawyers and can cost at minimum $25,000) so this will likely mean that people using this means of raising money will be raising more than $500,000
- Companies, as mentioned above, must verify each investor is indeed "accredited"
- Form D will be expanded and require addition information including:
- Issuer information
- Issuer website
- Type of securities
- Details about purchasers (individuals or entities)
- Use of proceeds
- Description of general solicitation
- Description of verification methods
- File Form D within 15 days before general solicitation begins
- File an amendment to Form D within 30 days after completion of the offering
- Include a legend in offering materials for generally solicited deals
- For a period of two years, submit offering materials to the SEC for review and analysis (these materials will not be available to the public via the SEC website)
- For the first time in history the ban on general solicitation is lifted.
- No need to engage a middleman, no need for a broker
- However, they can only take funds from accredited investors.
- Prior to this change accredited investors self-certified their status
- Now the burden of certification falls on the shoulders of the issuers
- Con – Investors might not want to release their privateIssuers might not have the manpower to read through all the documents to confirm accreditation. If issuers do not follow reasonable verification procedures, they may be in violation of the 1933 Act resulting in significant penalties, including rescission rights on behalf of investors.
- Pro - Accountants or lawyers can act as the proxy forThere is talks about US Treasury creating a plug-in to the IRS tax tables for investors to print off a government issued accreditation certificate which would solve this problem
Crowdfunding: Income or Gift
- Details
- Category: Crowdfund Investment
- Published on August 14, 2013
- Written by Christelle Xu
Although Internet based crowdfunding has been around for at least five years, a large degree of ambiguity still exists around how to file taxes for money raised. With no definitive ruling from the IRS as to how crowfunded money is to be taxed, the burden of making sure that everything is in order rests completely on the head of the person (or entity) raising the funds. This is a scary responsibility to take on for most people raising money via crowdfunding. However, listed below are some recommendations by experts in tax law, whom we interviewed, that should help to simplify the task. (Disclaimer- These are general guidelines and should in no way replace the advice of a professional accountant):
Are rewards being issued?
The majority of campaigns are being hosted on reward-based platforms. Depending on the structure of the campaign and the level of donation, the rewards offered may be intangible, such as a thank you e-mail or an honorable mention on the company's website, or it may be tangible, such as a small token of gratitude or a pre-sale of a product. Tangible gifts may include products or services.
If the perks are not tangible then it's not taxable, as no sale has occurred. In this case, donations are considered gifts, which according to the IRS, is the responsibility of the giver. This donation is not taxable up to $14,000 per person for a single donor or $28,000 per person for married couples.
If the reward is diminutive compared to the amount given, such as a gesture of gratitude, then no transaction has taken place. For example if a funder were to donate $50 and they were to receive a mug or a calendar as a thank you, this would not count as a transaction but rather a gift.
If the rewards issued are tangible and comparable to what the market price would be for that good, then it is a business transaction, and any profit derived from the sale is considered taxable income. If production expenditures match or exceed business earnings, then you may not owe anything. In other words, if the difference between the amount received and the cost of providing the perk/merchandise comes to zero or less, no tax payment is required.
If you are a registered non-profit organization or are partnered with a non-profit organization, and have applied to the IRS for tax exemption status, then you will owe no tax on income earned.
Does the reward have a well-defined market price?
If the reward has a well-defined market price and is being pre-sold or sold at a comparable price, your state government may expect your customers to pay a sales tax. Check your state laws regarding sales, particularly concerning Internet sales. (http://www.nolo.com/legal-encyclopedia/50-state-guide-internet-sales-tax-laws.html)
Are you an artist?
Pre-selling or offering up as a perk paintings, movies, publications, or other forms of physical media where the amount donated to receive a particular perk is comparable to the market price of the good may be subject to a sales tax.
If you are offering a reward where your costs of production are less than the amount earned through crowdfunding, then the profit is considered income and is subject to an income tax.
However if production costs exceed the amount received then no income is earned and income taxes are not applicable.
If producing an audio record, for example, and all the money received go to studio fees, no taxes have to be paid. Any income, meaning any monetary gain derived after considering the costs of production, is subject to a tax.
Are these funds being raised for a charity or registered non-profit organization?
The IRS lists the types of organizations that fall under charity and non-profits that qualify for tax exemption as well as criteria required to achieve exemption. Note that even if an organization is recognized as a non-profit it is the organization's responsibility to apply for recognition. (http://www.irs.gov/Charities-&-Non-Profits/Types-of-Tax-Exempt-Organizations)
Donors can only receive tax deductions if they donate to a registered 501(c)(3) non-profit organization or a qualified charity organization. If a perk was received, the donor can only deduct the amount that exceeds the market value of the perk. (http://www.irs.gov/uac/Eight-Tips-for-Deducting-Charitable-Contributions) Donations to a cause, unless associated with a non-profit organization or qualified charity organization is not tax-deductible.
Did you raise more than $200,000 from more than 200 transactions?
Crowdfunding platforms do not handle any of the monetary transactions; those services are outsourced to third parties such as Amazon Payments or PayPal. The IRS therefore requires that you fill out form 1099-K, which ensures that online sales are reported and allows the IRS to track transactions for tax purposes. You should receive Form 1099-K upon earning $200,000 from 200 transactions. (http://www.irs.gov/uac/Form-1099-K,-Merchant-Card-and-Third-Party-Network-Payments) If you don't receive a form, contact the company that processes these transactions to make sure a form hasn't been filled out for you.
Do you have international donors?
Backers should not have to worry about customs fees because backers are making donations and not necessarily purchasing goods from retailers.
One difficulty may arise your campaign includes perks that fall under multiple taxation criteria, whereupon best judgment based on the information above must be made. Regulations associated with crowdfunding are still under development, but it is the campaigner's responsibility to evaluate the appropriate criteria for taxation.
Special thanks to Ron Worsham, Associate Professor of Accounting at Brigham Young University, and Randy Stucki, Audit Intern at Ernst & Young


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Apostle Blonny Aycock and the New Church of Christ family recently congratulated assistant pastor Yolanda Bennett on graduating from the University of Mount Olive.
Bennett graduated Saturday, Aug. 23, with a Bachelor of Science degree in business administration management and organizational development. She is employed with State Employee's Credit Union where she is the senior financial Services representative.
We continue to pray the best for her in all that God has planned for her life, Aycock said.

subset: commoncrawl


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Honors & Awards
Junior Brent Moravec found his way to playing time as a member of Nebraska's special teams units in 2010. Moravec appeared in eight games last season on the Husker coverage units, helping Nebraska rank among the conference's best in those areas. This season, the Grand Island product hopes to push for playing time in the secondary this fall, where Nebraska lost five key seniors to graduation.
2010 (Sophomore)
Moravec appeared in eight games and finished with four tackles, including three solo stops. He had two tackles against Kansas, and solo stops against Iowa State and Colorado.
2009 (Redshirt Freshman)
2008 (Redshirt)
Before Nebraska (Grand Island Central Catholic HS)
Career Statistics


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'XXX' sequel marks the spot atop video charts
By Thomas K. Arnold
LOS ANGELES (Hollywood Reporter) – Haste doesn't always
make waste. Sony slammed the box office bomb "XXX: State of the
Union" into video stores a mere 88 days after it opened in
theaters and was able to ride the theatrical wave to the bank.
The action sequel was the top seller and the top rental
during its first week in stores, replacing Warner's
"Constantine" on both counts during the week ended July 31.
On the sales side, "XXX" sold nearly twice as many copies
as "Constantine" did in its sophomore week, while on the rental
end, the sequel generated a respectable $12.2 million, or
nearly half its total theatrical gross of $26.1 million.
Other new theatricals on the charts included "The Upside of
Anger" (New Line), which debuted at No. 4 on the sales chart
and at No. 3 on the rental chart, and "King's Ransom" (New
Line), which entered the sales chart at No. 7 and the rental
chart at No. 11. On a percentage basis, the urban comedy
"King's Ransom" was the biggest winner, generating an estimated
$3.4 million in rentals against box office sales of $4 million.
Reuters/Hollywood Reporter


text: Deals Forget intuition. Hireology grabs $10M to bring data into the hiring process Image Credit: Rayi Christian W August 12, 2014 7:15 AM Harrison Weber 0 In the old days, managers hired based on gut feelings and snazzy cover letters. In fact, most still do. But Hireology, now with a fresh $10 million in the bank, claims it has unlocked the future of hiring. The HR tech company says it "leverages proprietary data and predictive analytics to help managers make the right hiring choice." The four-year-old company says it achieves this "by analyzing the behaviors of top-performing employees." According to Hireology's formal release, the company raised $10 million from Bain Capital Ventures. There were no follow-on investors. Bain Capital's portfolio also includes companies like DoubleClick, Color Labs, Vonage, and Minute Clinic. More information: Hireology Hireology is a complete web-based hiring platform that takes the complexity and guesswork out of the hiring process. From the initial job profile to our three-stage interview process to our customized interview scorecard, Hireology wil... read more » Powered by VBProfiles


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Need to know: Unhappy bankersStrange jobsGoldman dress code
Australian gaming tycoon James Packer has upped the ante in what's becoming an increasingly high-stakes game of poker over control of Sydney's casino market.
The billionaire chairman and biggest shareholder of gaming group Crown has teamed up with developer Lend Lease to build a new luxury hotel at Sydney's new 6 billion Australian dollars (US$6.3 billion) Barangaroo precinct on Darling Harbour.
But he still needs lawmakers to come on board.
When the chips are down, will Crown be able to increase its stake in Echo Entertainment Group to its self-imposed 25% cap without a capital raising and before a full bid?
Nomura has examined Crown's most recent credit reviews from rating agencies and concludes it should be able to fund an increase through debt without an adverse impact on its ratings.
Analyst Nick Berry says in a note that Fitch sees diversification of Crown's earnings as "generally credit-positive", Moody's total debt to earnings before interest, tax, depreciation and amoritzation, or EBITDA, tolerance for maintaining its rating is between 2.5 and 3 times and Standard & Poor's concludes that Crown could debt fund an increase to 19.9% of Echo without triggering a negative review.
James Packer's Crown Limited has amended its application to Australian state casino regulators to seek further approval before increasing its stake in fellow casino operator Echo Entertainment Group to more than 25%.
Crown owns 10% of Echo and is seeking to increase its stake in Echo, which owns Sydney's The Star casino and casinos in Queensland state.
Genting Hong Kong has applied to Australian regulators to be allowed to increase its stake in Echo Entertainment Group, a person familiar with the matter said Tuesday.
The person said that Genting had applied to casino regulators in New South Wales and Queensland states to increase its stake above the company's 10% limit for a shareholder.
A spokesperson for the New South Wales' Independent Liquor & Gaming Authority and Queensland's Liquor & Gaming Commission declined to comment.
The chips are down in the battle for Australian casino company Echo Entertainment Group.
The owner of Sydney's "The Star" casino and casinos in Queensland state lost its chairman, John Story, on Friday following a bruising campaign against him by key shareholder Crown – backed by billionaire James Packer — but also picked up a new shareholder in Singapore casino operator Genting Singapore.
Genting Singapore owns Singapore's Resort World Sentosa and has plenty of firepower after raising over 1.8 billion Singapore dollars (US$1.4 billion) earlier this year.
Australian billionaire James Packer's Consolidated Media Holdings has squashed media reports that it is considering a sale of its 25% interest in pay television provider Foxtel.
ASX-listed CMH said preliminary and informal discussions have taken place with potentially interested parties concerning a possible control proposal, but no proposal or other form of offer has been made.
"CMH is not considering a sale of its Foxtel interest," the company said in a statement, adding UBS has been retained to provide advice in the event it is required to respond to any proposal that is made.
Casino operator Crown could look at cashing in its chips on its Melco Crown Entertainment joint venture to fund a potential takeover of Australian rival Echo Entertainment.
UBS analyst Sam Theodore has crunched the numbers and says the 66% rise in Melco's share price so far this year may tempt James Packer's Crown to take advantage of the windfall by selling out or reducing its stake.
Echo, which has a market value of 3.1 billion Australian dollars (US$3.2 billion), is widely seen as a takeover candidate because it owns The Star–Sydney's only casino.
Casino operator Genting Singapore has plenty of chips to play after raising over $1.8 billion since February. That's led to speculation an up to 4.5 billion Australian dollars (US$4.7 billion) bid for ASX-listed Echo Entertainment may be in the cards.
Echo, which owns the just revamped The Star casino in Sydney, is widely viewed as a sitting duck since its was spun out of Tabcorp last year. It has a reasonably open share register, with Australian gaming and media tycoon James Packer its biggest holder with a 10% stake.
Although Packer's investment in February sparked a sharp rally in Echo's shares, Macquarie analyst Gary Pinge reckons Genting Singapore, a subsidiary of Malaysia's Genting Bhd, could still afford to pay a decent premium for the company, which also owns Jupiters on Australia's Gold Coast and casinos in Brisbane and Townsville.
Australian casino company Crown said Friday it holds a 10% interest in rival casino company Echo Entertainment Group, having lifted its stake from 4.9%.
Crown said it would pay about 256.6 million Australian dollars (US$275.5 million), or A$3.73/share to increase its stake following the delivery of a derivative for 68.8 million Echo shares. Deutsche Bank is facilitating the transaction.
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Tiberian Apocalypse Beta 1.4Dec 1, 2013 Full Version 34 comments
Installation: Extract contents to "(My) Documents\Command and Conquer 3 Tiberium Wars\Mods", launch via Game Browser from the Control Center.
Tiberian Apocalypse is a Partial Conversion for Command and Conquer 3: Tiberium Wars with the goal to create a true Tiberian Sun sequel. GDI, Nod and the Scrin are getting a complete overhaul.
The year is 2050, Earth is largely uninhabitable and split in three kinds of zones: Green Zones, here Tiberium contamination is relatively low, few to no Ion Storms, most of these are at the Polar, and other very cold, regions, Yellow Zones, where Tiberium contamination is moderate, and Ion storms are frequent, most of these are desert, yet house more than half of Earth's total population. And finally, Red Zones. These no longer look like Earth. Tiberium everywhere, unbreathable air, constant Ion storms, near the borders between Yellow and Red zones, winds can rise to speeds that can tear the flesh right of a human's bones. Recently, Red Zones have started to grow dramatically, and so far nobody has been able to understand why. Samples of Tiberium from the growth areas gave no clue as to how or why this rapid expansion happens, but one thing is for certain: If it isn't stopped quickly, soon the entire planet will be uninhabitable.
GDI Took to the skies, mostly. They operate from huge command-ships, the legacy of the Kodiak, and from the Philadelphia. At the beginning of the Third Tiberium War, that was about 5 years ago, Nod tried to destroy the Philadelphia, by taking offline one of the ASAT hubs, and then attempting to nuke the Station, the system was returned to service just in time to intercept the missile. Since then, 5 more stations similar to the Philadelphia, have been constructed.
Nod is operating from the Temple of Nod in Sarajevo, and several Montauk-like vehicles. Their tactics haven't changed much since the second Tiberium War, relatively cheap and fast vehicles in elevated numbers at first, later then equipment that doesn't look like from this World. As opposed to what many assumed, Nod did not move away from Cyborgs, to the contrary, it is now frequent that even basic infantry may have a cybernetic eye, or artificial muscles and bones in some parts of the body.
Not much is known about the Scrin other from what was learned from the Tacitus: They are a species dependent on Tiberium for survival. They first seed Tiberium on a Planet, expecting it to eradicate all civilization on the planet and transform it into a ball covered in the green crystal which would then be reaped by their Harvesting fleets. When they first arrive on a Planet ,they build large portals, these have the aspect of three intertwined towers, with a bright light shining from the center. Lately, more and more people claim to have seen UFOs and otherworldly 'beings' near the borders of red Zones, but none of these have been confirmed so far.
Faction-gameplay styles:
GDI is a slow moving powerhouse, the best examples being Mammoth Tanks and Disruptors. Both are slow, but can absorb damage like a sponge, and deal out just as much. Very effective as attacking, not so much at defending as they lack a heavy defense like Nod's Obelisk.
Nod focuses on guerilla and stealth tactics. Stealth tanks, stealth soldiers, mobile stealth generators, etc. Their units tend to be fast and agile, but not pack as much of a punch as GDI and Scrin units. Fairly defensive.
Forums: Forum.falloutstudios.org
4 comments by Sarge_Rho on Dec 1st, 2013
So, it's that time of the Year again: Mod of the Year.
I have been working mostly on Ballancing recently, but also made the yet to be done structures less hideous. Surveyors are back, and Powerplants give Build Radius. I have managed to fix the bug that causes Artillery to refuse attacking targets at long range, and a few others too. Down with the Bugs! *plays Klendathu Drop theme*
And now for the result.
*Click on the last picture to go to the Download page.
Installation: Extract contents to "(My) Documents\Command and Conquer 3 Tiberium Wars\Mods", launch via Game Browser from the Control Center.
Open beta, basically. I won't be able to work on TA for up to a month as of next week because I'm moving to Germany. I'll release a new version around...
Includes the Banshee model and textures. The code and the projectile aren't included.
I nearly lost all of my progress of the past 2 or 3 years is gone, and I don`t know if I will continue TA - so I think it would be best to release what...
This includes the Textures, their respective .XMLs and the .w3xes for the new Tiberium.
This .rar file includes the Green and Blue Tiberium and Blossom Tree Art and XML assets. Just credit me.
Does this mod give the Scrin any new unit?
Not really.
most likely I'm doing something wrong:(
Patched CnC3 to the latest version?
No matter how many times I download and extract the rar file, winrar says the file is broken and desura only installs v1.0.
Did you try downloading from a different mirror?
Yep, still no use...
Ok, I'll upload it to dropbox and give you the download link then. In the meantime, try reinstalling winrar.
Sarge, I've tried all possible ways of downloading v1.4 but nothing is working. Any ideas?
11/10. It's just that awesome. You have my vote anytime for this masterpiece. :D
Thanks :D
Highest Rated (6 agree) 10/10
Very nicely designed units coupled with great ideas. So far, it accomplishes its goal of becoming a true sequel to Tiberian Sun.
Dec 27 2009, 9:00pm by Phoenix848
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Since 2002 we have explored, played and enjoyed mods of all shapes and sizes just like Tiberian Apocalypse. We love games like C&C3: Tiberium Wars that have opened themselves up to modding. Because of communities like Steam Workshop, Nexus, Curse, RTSL, GameBanana and Mod DB, more games support modding today than ever before.
Whether it is for fun, for laughs or for the challenge, modding is what sets PC gaming apart from our closed off friends in the console and mobile gaming worlds. And based on the recent outpouring of support for mods after the concept of paid modding was explored, we are not alone in our love for mods and open platforms that embrace them.
As mods play a bigger role in the future of gaming, we believe it is important to recognize the effort the teams behind the work put in, giving us countless hours of enjoyment while asking nothing in return. We have the power to change our games and that needs to be celebrated to ensure it remains a big part of PC gaming's future.
Nothing is more motivating than knowing something you've built kicks-ass. So this week if there is a mod you love on Mod DB (or anywhere else), make the effort to shout out to them, mention and link their mod in a tweet, blog, forum or facebook post with the hashtag #modlove2015 (or click the icons above for a pre-built post).
To thank those who participate in spreading the love and awareness, we have partnered up with many awesome mod-friendly games (Killing Floor 2, Mount & Blade Warband, Space Engineers, Insurgency, Chivalry: Medieval Warfare, Black Mesa, Contagion, Amnesia - get involved) & have hundreds of keys to giveaway. To win one of the games, after you have linked to a mod on Mod DB (or anywhere else) in a tweet, blog, forum or facebook post, let us know by leaving a comment with a link to your post. At the end of the week we shall be picking members at random who followed these rules, and will send them a key from one of these games.
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These cookies are amazing! They have a great selection and they are always fresh and wonderful. The toffee are my personal favorite, but there are many that I enjoy. When I am having a bad day, these cookies always make me feel better.…
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Facebook Say Thanks: prepare yourself
So you're all about the newest thing in the Facebook universe, right? You want to get in on all the newest software in the social networking globosphere as fast as possible, correct? You're in luck - we're got news for you. This is Facebook Say Thanks. It's a system in which you'll use Facebook to send a video to your best friend, thanking them for whatever you need to thank them for. Thank them for the Say Thanks video they just sent you, if you really want.


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Fuel pump relay failures
Hi all, I've read many posts that relate to failed fuel pump relays and my story is very similar. My question is what is causing the relay to fail? Specifically the relay is damaged (not visibly) and won't work again. What is happening in the circuit that can short the relay but not blow the fuse?
Some background: Riding at 70 on the FWY, bike suddenly lost all power. After successfully not having a bigger problem, power suddenly resumed after about ten seconds. Rode another sixty miles without incident. At end of day got on bike to ride home and no fuel pump prime with key on. Swapped fuel pump relay with horn relay and got home.
Bike is an 02 GSAdv with 50K miles.
I figured it was just one of those things until it happened again several rides later. Went to start bike and again no fuel pump prime.
Those of you that have had this failure can you report back where you finally found the failure point. I'm going to start at the kill switch and pay close attention to tight zip ties but as you know trouble shooting a wiring harness is not easy. And just for fun, I may pull the HES and check that too...
Thanks for any input.
A couple questions:
Have you tried putting the bad relay back in?
The fuel pump relay powers the fuel pump, fuel injectors and O2 Sensor Heater. Do you have a Powercommander, Techlusion or anything else attached to the injectors?
i tracked down to the wire into the tank
goes thru plastic
wire was broken inside the plastic
so it would work sometimes
just moving the bike and changing the relay
just a thought
I tested the 'failed' relays and they still 'work'. Putting 12v to them causes them to close as normal but they will not allow the fuel pump to prime. VERY odd. Resistance across the coil is 6 ohms instead of the new relays 1 ohm. There is some micro pitting on the contact closure (found after removing relay from shell). Perhaps there is too much current being drawn... I need to measure the voltage at the relay socket next.
I have installed the new part number relay and it's working (for now). It's not a good feeling when you can't trust your electrics!
Haven't found any shorts yet but will continue to check.
More than likely your relay was bad despite appearances. It is not that uncommon.
Jim :brow
Jim :brow
Do you happen to know if the running current is higher, which is easy to measure; or is it the momentary starting current that causes the damage?
With the double relay failure on his bike, should he just replace the pump or is there a test he can make?
Here are my thoughts (from being in the electronics "biz").
The fuel pump is protected by 10A fuse. If that value is still in the socket (worth checking if it is), than it should blow by about 15A. I don't know the specs on the actual relay, but that style relays are typically rated 20-30A. All this means that steady over-current by pump should not damage the relay; fuse should go first.
This is, by the way, extremely easy to measure. Plug an ammeter capable of 10A-20A into the fuse socket, see what happens. There may be some very brief inrush that is faster than fuse clearing time - indicating a bad motor.
There could be some intermittent short in fuel circuit wiring. It's worth inspecting the harness. On an R1150, the green/white wire from the relay feeds:
- the fuel pump
- plug for evaporative control valve ("carbon canister")
- fuel injectors
- O2 sensor
Lots of stuff to go bad. Connect an ammeter and jiggle the harnesses.
Finally, there could be a sparking problem. Bad fuel pump motor could cause excessive sparking when being turned off, eroding relay contacts. It's an inductive kick-back; usually there are snubbers to contain that, either the snubbers or the motor could be bad. There is no easy test for that for a home mechanic, pump replacement would be the way to go.
Fuel injectors have less inductance and are less likely to generate a damaging spike. But, maybe one is failing? Pull the sparkplugs to examine, see if there is difference between cylinders.
Good luck troubleshooting. Robert.
Jim :brow
Jim :brow
Could there be a problem with the fuel pressure sensor that is allowing the fuel pump to overwork itself to the point of a current over draw.
In the plumbing, fuel distributor regulator relieves excess pressure and routes it back to the tank. If it fails, there will be either too low or too high pressure at injectors, either would affect driveability.
Regardless, overstressed pump would be continuously overloaded and should blow the 10A fuse. If it stays below 10A, it should not affect the longevity of relay contact.
My feeling is that OP's issue is intermittent, as I mentioned above - not likely caused by the regulator. But, of course, that is possible as well. It all depends what tools OP has to diagnose his bike. Fuel pressure could be involved to measure.
Thanks, guys. I will perform the checks mentioned and get back to you.
The first thing I did was to replace the fuel pump. Nothing like spending $500 to cover a $15 dollar relay...
This morning the headlights were not functioning, so I replaced the 'load relief' relay and they came back on. Any idea what the function of the load relief relay is?
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looks good.
I'd probably drop the menu styling in the footer, just use plain text perhaps?
I would suggest adding more depth as things are looking pretty flat – enhance gradients, toy with lighting, borders, etc… The header could use some work including the logo – maybe shrink the text and get a bit more creative with it.
A good start
Ok, I've made some improvements to it that hopefully make it appear less flat and dull. Better or worse?
I think that your theme is very nice Keep up the good work.
I would lighten the shadows a bit. Make them a little more subtle.
Also, I would make the symbol in the header match the color of the symbol in the footer.
Looking good though.
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Robin FlemingTwitter Statistics
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Originally written on Fox Sports | Last updated 11/14/14
David Price pitched three-hit ball over seven innings for his AL-leading 16th victory and the Tampa Bay Rays got home runs from Evan Longoria, B.J. Upton and Ben Zobrist in a 7-0 victory over the Los Angeles Angels on Thursday night. Burke Badenhop and Wade Davis each worked one inning in the Rays' third straight shutout against the Angels. The Halos have gone 32 consecutive innings without scoring against a staff that leads the AL in ERA, opponents' batting average and strikeouts. Price (16-4) struck out eight, walked two and lowered his ERA to 2.39, third in the AL behind the Angels' Jered Weaver and Detroit's Justin Verlander. The left-hander allowed only two runners to third base in this one, striking out Chris Iannetta to end the fifth inning and fanning Vernon Wells to escape the seventh.
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ODNI News
Executive Order details post-WikiLeaks approach to secure sharing
Thursday - 10/13/2011, 5:43am EDT
President Barack Obama's executive order last week codified many of the steps agencies took in the last 11 months since WikiLeaks made a huge cache of classified information public.
But what may not be readily apparent in the mandate is the expansion of the role of the Information Sharing Environment (ISE).
When Congress first created the office inside the Office of the Director for National Intelligence in 2003, the ISE focused on coordinating the development of standards and processes to share terrorism, weapons of mass destruction and law enforcement data.
Kshemendra Paul/Photo:DNI.gov
The Executive Order gives the ISE a much broader role, said Kshemendra Paul, the program manager of the ISE.
"This is additive to the existing mission because now we also are looking at classified information sharing and supporting those activities," Paul said in an interview with Federal News Radio. "It's not an either/or. We see it as complimentary and synergistic because best practices for secure information sharing are best practices. Clearly the risk profile is different for classified information, but it's shared best practices and I think that is a big part of what we bring to the table."
The ISE will continue to play a coordinating role across the new entities the order created:
- Senior Information Sharing and Safeguarding Steering Committee
- Classified Information Sharing and Safeguarding Office
- Interagency Insider Threat Task Force
"Our prime role is to be the arms and legs for the steering committee under the leadership of OMB and the National Security Council," Paul said. "We are up and operational now and have started bringing folks from other agencies and surging resources to improve our posture."
Coordination and collaboration
The main focus of the Classified Information Sharing and Safeguarding Office (CISSO) is to bring subject matter experts together to figure out the best ways to safeguard and share classified information.
"We've put in place, working with our partners in the interagency partners, a performance framework that centers on a series of key information sharing and safeguarding indicators," Paul said. "These key indicators roll up in to a dashboard that allows for reporting up and allows for collective data drive decision making. It also drills down in to operational relevant measures and metrics that can help influence what different folks are doing in the interagency on specific programs. We coordinated pulling that together and we are operating the business processes around collecting that information, assimilating it and making sure we have data quality."
The ISE also is working on the policy side. Paul said his office is supporting the steering committee's efforts around what the shared service strategy should be and the recommendations for resource allocation.
The ISE supports the Insider Threat Task Force by helping identify best practices for enterprise audits and standards for logging information and audits.
"It's important to note that the Insider Threat Task Force is a distinct entity with a distinct mission," Paul said. "We are all complementary and will have to work together to be able to bring that full picture to bear here."
With these new responsibilities, Paul said the ISE is making do with the resources it has and being creative.
"We are bringing on other agency employees to sit in our space. And then we are also doing lot of collective work through existing working groups or agency based activities," he said. "We are helping to coordinate all of that. There is a real focus across the interagency to address common vulnerabilities.
Across the government people do look at what happened here as a major thing. It has highlighted vulnerabilities, highlighted areas where we didn't do as well as we needed to and we need to improve. Folks recognize that we can't do it in sharing and safeguard stovepipe and we have to do it together. So that is what is happening."
No more resources, for now
The ISE also is working through the normal fiscal 2013 budget process to request more resources.
Paul said even though the EO focuses on classified information there are several overlapping lessons the ISE and others have learned in the unclassified environment.
"There are nuances and it would be over simplistic to say they are the same, but there is a huge amount of commonality," he said. "Think about how you do identity credential and access management. The key thing we are focused on is driving anonymity out of our different networks and that you are doing attribute-based access control. The approach to doing that in terms of architecture frameworks, standards, there is huge commonality. That is part of the value-add synergy we bring. We have been very active in looking at those things at the sensitive unclassified level, and to support classified mission around counterterrorism. There is a real push in the interagency to accelerate those kind of frameworks."
Paul said the order keeps in motion several initiatives that have been making a difference in the 11 months since WikiLeaks.
"Agencies have done a tremendous amount in the past year and more to address the vulnerabilities and issues that were identified through the WikiLeaks breach," he said. "Things like enhancing control of removable media, improvements with identity management, including reducing user anonymity and increasing user attribution across classified networks, improving awareness around inside threat type issues, security and access controls. There are a variety of things agencies have done to improve our posture against the identified vulnerabilities."
Agencies still sharing after WikiLeaks
NIEM's value expanding beyond law enforcement data sharing


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Things You Thought You Already Knew
Monday, August 11, 2014
You might think you already know the correct way to sharpen a pencil or swat a fly, but the host of National Geographic's show "Going Deep" begs to differ. David Rees teaches us how to fold a better paper airplane – among other things – on the air. Plus: digging into how each City Council member spends discretionary money in their districts; a look at why we don't know how much money businesses make on food stamps; and all the (many) ways data can be manipulated.
Return to Iraq
Bobby Ghosh, managing editor of Quartz, talks about the latest from Iraq and the debate over renewed U.S. military intervention there in support of American personnel in Erbil and the Yazidi refugees.
Remember Member Items?
The discretionary funds process was overhauled this year by Council Speaker Melissa Mark-Viverito. We dig into the data to see how different council members spent their (your) money with Jeff Mays, DNAinfo political reporter. Nigel Chiwaya, DNAinfo visual journalist, dug into (and visualized) the data set of every discretionary fund to identify patterns and will help listeners do the same in the open data set on our site.
What You Don't Know You Don't Know About Food Stamps
There's a lot of data about who uses food stamps, but the information about how some businesses profit off the SNAP program is not available. That could soon change. Krissy Clark, correspondent for the wealth and poverty desk at Marketplace, explains what we might learn (and why we should care) about how companies do business with food stamps.
Statistics Tricks
Gary Smith, economics professor at Pomona College in Claremont, CA, looks at all the ways data, big and small, can be manipulated and offers a guide to gleaning the truth behind the trickery. He's the author of Standard Deviations: Flawed Assumptions, Tortured Data, and Other Ways to Lie with Statistics.
David Rees Teaches Brian Lehrer to Make the Perfect Paper Airplane
In his new TV series "Going Deep," one man investigates the science and process behind very basic tasks, like tying a shoelace or ice melting.


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- Agency of the Month
- Business of Government Hour
- The CFO Agenda: Delivering value from financial transparency and audit efforts in the public and private sector
- Cloud-Driven Data Insights in Government
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Fact Sheet: The Vegie Patch - Bush Foods
Presenter: Tino Carnevale, 15/09/2012
SERIES 23 Episode 23
Tino adds some native plants to The Vegie Patch
"Vegetables like broccoli and cabbages have been cultivated for thousands of years in gardens all over the world and we're very familiar with them. I'm going to shake things up a bit by adding some Australian native food plants in with the usual vegies here at The Vegie Patch and bush foods expert Kris Schaffer has come along to help me out," says Tino.
"Kris has been designing bush food gardens and planting native vegetables in Tasmania for many years.
"Kris, plants like this have obviously got a lot of history with indigenous people, but not so much in our own vegie gardens.
"Yes, there's a renewed interest in actually bringing indigenous food plants into cultivation - schools and community gardens are beginning to embrace the idea of using these plants in their everyday gardening," says Kris.
Native Leek
Tino says "The first one we're planting is the Bulbine or native leek (Rock Lily - Bulbine glauca) and it fits into the allium bed really well."
"Yes," says Kris. "With the Bulbine, we can eat the seeds - after flowering the nice fresh young seeds - and you can eat the rhizomes - the bulbs or roots. They have a mild sort of oniony flavour. We also have the Chocolate Lily (Dichopogon strictus). It's similar to the Vanilla Lily (Arthropodium spp.) in that we can use the rhizomes as a food source."
"Do they actually taste like chocolate?" ask Tino.
"No, it's the flowers that have the fragrance of chocolate. With this one, we eat the underground stems, so they'll grow to around 25 centimetres wide. About 30 centimetres apart is a good spacing, into a nice, friable soil," says Kris.
Native Cress and Austral Sea Celery
"Native Cress (Barbarea australis) would go really well in the leafy greens bed. It's rare and endangered in its natural habitat. It's a beautiful leafy green to have in your salads. It tastes a little bit like rocket," says Kris.
"Austral Sea Celery (Apium insulare) from Flinders Island in Bass Strait looks like celery and has a strong celery flavour. It's good in stews, good in cooking, but you can also eat the seeds," she says.
Tino says, "I've selected a fairly open area of The Vegie Patch for the Sea Celery - it receives a good amount of sun. The only problem I can think of is it's right next to the asparagus and I tend to chuck a bit of salt around (for weed control and because asparagus was originally a maritime plant). Would that be a problem?"
Kris replies, "It likes coastal conditions, so that's perfect."
Sea Fig
"You know, the Sea Fig was the first plant that I ever grew - when I was about five years old," says Tino. "It's Carpobrotus rossii. The leaves are good for jam - you can eat them, but it's really the fruit, its capsule, that's nice. It's the texture of a lychee, but it's a salty, fresh fig taste.
"All these native plants will love blood and bone, seaweed and fish emulsion," Kris explains.
Tino says, "It's great to see some truly Australian food plants grown in amongst the more traditional vegies. Now because this is an experiment, I'm going to keep a close eye on the plants to see which ones grow and taste the best and I'll collect the seed from them and plant them again next year."
Information contained in this fact sheet is a summary of material included in the program. If further information is required, please contact your local nursery or garden centre.
Copyright Restrictions: This fact sheet is for private and domestic information purposes only. It may not be copied, reproduced, sold or used for any other purpose without the express permission of the ABC.


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Priscilla Jebaraj
CHIDAMBARAM: Eco-friendly bio-diesel could soon become cheaper. A pilot plant using a cost-effective new technique developed by the National Chemical Laboratory (NCL) in Pune will start production in India by 2008.
According to NCL scientist Darbha Srinivas, a U.S.-based start-up firm New Century Lubricants is in talks with at least five Indian petroleum firms, which have expressed interest in running the one-tonne a day plant. It is simultaneously holding discussions with U.S. oil companies to begin large-scale production in other parts of the world.
Speaking on the sidelines of the Indian Science Congress, Dr. Srinivas said the cost of producing bio-diesel would ``fall substantially'' by using his technique, which uses solid fuel catalysts called ``double metal components'' rather than the hydroxide-based catalysts used so far. The technique was patented by the NCL one and half years ago, and licensed to New Century in November 2006.
The current cost of producing bio-diesel is about Rs. 27 a litre, which is then sold at Rs. 40 a litre, according to Dr. Srinivas. The new method cuts the cost by shortening the process of converting used and unrefined oils such as jatropha, rubber seed and pinnai into bio-diesel. ``We are also giving value addition by blending the glycerine produced as a by-product back into the bio-diesel,'' he said.
The same process will be used to produce India's first bio-lubricants, using octanol and other higher alcohols. ``The market for bio-lubricants is small but the profits are much higher [than for bio-diesel],'' said Dr. Srinivas.
The NCL has successfully tested the process using 13 edible and inedible oils.


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Rockets hand Jazz worst home loss, 125-80
Monday - 1/28/2013, 11:23pm EST
By LYNN DeBRUIN
AP Sports Writer
SALT LAKE CITY (AP) - James Harden scored 25 points and the Houston Rockets rolled by the Jazz 125-80 on Monday night, handing Utah its worst home loss in franchise history.
The Jazz had won six straight at home but simply couldn't keep pace in transition. They were outscored 26-2 on the break and shot just 39.5 percent. Their previous worst was by 33 points to Milwaukee on Nov. 18, 1980.
Carlos Delfino and Marcus Morris each hit four 3-pointers for Houston, which made 16 of 34 from beyond the arc. Omer Asik had 19 rebounds as the Rockets (25-22) won their third straight.
Houston led by 21 points in the second, by 35 in the third and kept pouring it on fourth.
Randy Foye led Utah with 12 points.
The Jazz hardly looked like the team that had won nine of their previous 12. They fell behind by nine early but rallied to tie it at 22 late in the first.
After that it was all Houston, prompting fans to boo and head for the exits early in the third quarter.
At one point, Houston hit three straight 3-pointers, two by Morris and another by Harden, who took a seat on the bench with the rest of the Rockets starters the entire fourth.
Morris opened the fourth with another 3 just to put an exclamation point on the night.
The Rockets led by as many as 21 points in the second, thanks to aggressive moves to the rim by Harden and the 3-point shooting of Delfino.
Harden had 18 points by halftime and Delfino 14 in just 12 minutes off the bench as he hit his first four 3-pointers.
The Jazz scored 39 points in the first half.
Paul Millsap and Al Jefferson were a combined 0 for 7 to start and 5 of 18 at halftime.
By then it was over.
To think the Rockets had a hard time even getting to Utah. A blizzard had them grounded Sunday night in Grand Junction, Colo.
They arrived in Salt Lake City early enough for Jeremy Lin to slip in for the last screening of the documentary "Linsanity" during the Sundance Film Festival.
The movie premiered about a year after Lin began catapulting to worldwide stardom in New York. He was an afterthought only a month before, cut by the Rockets on Christmas Day and claimed by the Knicks off waivers.
He only took five shots Monday, but hit them all to finish with 12 points. Chandler Parsons and Patrick Patterson each added 12.
Morris finished with 16 points and Delfino 14.
Jefferson added 10 points for Utah but shot just 5 of 14.
The Rockets jumped out to a 15-6 lead as they hit 7 of 9 shots to open.
The Jazz were without third-leading scorer Gordon Hayward, who sprained his right shoulder late in Saturday's overtime win over Indiana. He had been averaging 14.5 points and shooting 47.1 percent from beyond the arc during the month. It was the first game he did not play since his rookie season three years ago.
Even he probably couldn't have made a difference in this one.
NOTES: Eighty-nine-year-old Wataru Misaka, the first player of Asian descent to play in the NBA, was at Monday's game to watch Lin warm up. Misaka, once discriminated against because of his Japanese ancestry, recalled writing Lin a note of encouragement "when he was with Oakland back in the dark days when things didn't look too good for him. He didn't have all these fans at this time but he's made a lot of progress since then and I think he's in a much better place now." Misaka, who lives in nearby Bountiful, is a former point guard who played for the New York Knicks in the 1947-48 season and led the University of Utah to the 1944 NCAA championship. "He broke a lot of barriers and racial stereotypes," Lin told the Houston Chronicle of Misaka. "You have to pay respect to the people who came before you." Lin is the first American-born NBA player of Chinese or Taiwanese descent.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


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Press release from Business Wire
Iron Mountain Adopts Stockholder Rights Plan
Wednesday, March 23, 2011
Iron Mountain Adopts Stockholder Rights Plan10:36 EDT Wednesday, March 23, 2011 BOSTON (Business Wire) -- Iron Mountain Incorporated (NYSE: IRM), the information management company, today announced that its Board of Directors has adopted a Stockholder Rights Plan (the "Rights Plan") and declared a dividend of one right on each outstanding share of the Company's common stock. The Company's Board of Directors is committed to acting in the best interests of all of its stockholders. The Rights Plan is intended to enable all of the Company's stockholders to realize the full value of their investment in the Company. It is also designed to reduce the likelihood that any person or group would gain control of the Company by open market accumulation or other coercive takeover tactics without paying a control premium for all shares. The Rights Plan is not intended to deter offers that are fair and otherwise in the best interests of the Company's stockholders. The Company intends to put the Rights Plan to a stockholder vote at the Company's 2012 annual meeting of stockholders (the "2012 Annual Meeting"). If the requisite stockholder approval of the Rights Plan is not obtained at the 2012 Annual Meeting, the Rights Plan will expire on the date of such meeting. Under the terms of the Rights Plan, rights to purchase one one-thousandth (1/1000) of a share of new Series A Junior Participating Preferred Stock of the Company (the "Rights") at a price of $0.12 per one one-thousandth (1/1000) of a share will be issued at the rate of one right for each outstanding share of the Company's common stock held of record on April 1, 2011. Under the terms of the Rights Plan, the Rights will initially trade together with the Company's common stock and will not be exercisable. In the absence of further action by the Company's Board of Directors, the Rights will generally become exercisable if a person or group acquires, or commences a tender or exchange offer, the consummation of which would result in such person or group acquiring, beneficial ownership of 15% or more of Iron Mountain's outstanding common stock. Rights held by the person or group triggering the rights will become void and will not be exercisable. The issuance of Rights is not a taxable event, will not affect the reported financial condition or results of operations (including earnings per share) of the Company and will not change the manner in which the Company's common stock is currently traded. Further details about the rights plan will be contained in a Form 8-K to be filed by Iron Mountain with the U.S. Securities and Exchange Commission. About Iron Mountain Iron Mountain Incorporated (NYSE: IRM) provides information management services that help organizations lower the costs, risks and inefficiencies of managing their physical and digital data. The company's solutions enable customers to protect and better use their information--regardless of its format, location or lifecycle stage--so they can optimize their business and ensure proper recovery, compliance and discovery. Founded in 1951, Iron Mountain manages billions of information assets, including business records, electronic files, medical data, emails and more for organizations around the world. Visit www.ironmountain.com for more information. Forward Looking Statements This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and federal securities laws, and is subject to the safe-harbor created by such Act. Forward-looking statements include statements regarding our goals, beliefs, future growth strategies, investment objectives, plans and current expectations, such as our expected continued productivity improvements, international expansion and intent and ability to repurchase shares and pay dividends. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those contemplated in the forward-looking statements. Such factors include, but are not limited to: (i) the cost to comply with current and future laws, regulations and customer demands relating to privacy issues; (ii) the impact of litigation or disputes that may arise in connection with incidents in which the Company fails to protect its customers' information;(iii) changes in the price for the Company's services relative to the cost of providing such services; (iv) changes in customer preferences and demand for the Company's services;(v) the cost or potential liabilities associated with real estate necessary for the Company's business; (vi) the performance of business partners upon whom the Company depends for technical assistance or management expertise outside the United States; (vii) changes in the political and economic environments in the countries in which the Company's international subsidiaries operate; (viii) in the various digital businesses in which the Company is engaged, the Company's ability to keep up with rapid technological changes, evolving industry expectations and changing customer requirements or competition for customers; (ix) claims that the Company's technology violates the intellectual property rights of a third party; (x) the impact of legal restrictions or limitations under stock repurchase plans on price, volume or timing of stock repurchases; (xi) the impact of alternative, more attractive investments on dividends or stock repurchases; (xii) the Company's ability or inability to complete acquisitions on satisfactory terms and to integrate acquired companies efficiently; (xiii) other trends in competitive or economic conditions affecting the Company's financial condition or results of operations not presently contemplated; and (xiv) other risks described more fully in the Company's most recently filed Annual Report on Form 10-K under "Item 1A. Risk Factors." Except as required by law, Iron Mountain undertakes no obligation to release publicly the result of any revision to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Additional Information This may be deemed to be solicitation material in respect of the proposals described in the Company's preliminary proxy statement in connection with its 2011 Annual Meeting of Stockholders, filed by the Company with the Securities and Exchange Commission (the "SEC") on March 21, 2011. In addition, the Company will file with, or furnish to, the SEC all relevant materials, including a definitive proxy statement (when available). BEFORE MAKING ANY VOTING DECISION, STOCKHOLDERS OF THE COMPANY ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH OR FURNISHED TO THE SEC, INCLUDING, THE PRELIMINARY PROXY STATEMENT FILED BY THE COMPANY ON MARCH 21, 2011 AND, WHEN AVAILABLE, THE DEFINITIVE PROXY STATEMENT, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSALS. The definitive proxy statement (when available) will be mailed to stockholders of the Company. Stockholders will be able to obtain, without charge, a copy of the preliminary proxy statement, the definitive proxy statement (when available) and other documents that the Company files with the SEC from the SEC's website at www.sec.gov. The preliminary proxy statement, definitive proxy statement (when available) and other relevant documents will also be available, without charge, by directing a request by mail or telephone to Iron Mountain Incorporated, Attn: Investor Relations, 745 Atlantic Avenue, Boston, Massachusetts 02111, or from the Company's website, www.ironmountain.com, or by contacting Innisfree, toll free at (877) 717-3898. The Company, its directors and executive officers and certain other members of its management and employees may be deemed to be participants in the solicitation of proxies in connection with the 2011 Annual Meeting of Stockholders. Additional information regarding the interests of such potential participants is included in the preliminary proxy statement and will be included in the definitive proxy statement (when available). Iron MountainStephen P. Golden, 617-535-4769Vice President, Investor RelationsorJoele Frank, Wilkinson Brimmer KatcherJudith Wilkinson / Andrea Rose212-355-4449orInnisfree M&A IncorporatedAlan Miller / Jennifer Shotwell / Scott Winter212-750-5833


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The Chief Financial Officers of Asia's largest companies are embracing growth for 2014. 76% of respondents expect revenues to grow this year. However, profit expectations are falling. The proportion of Asia's CFOs that expects profits to grow has dropped to 60%, down from last year - suggesting that it is getting tougher to extract value from revenue growth. Asia is no longer the high growth, high earnings market that it used to be. CFOs in Asia are now thinking about strategies to improve operational efficiencies to drive profitability.
Full Report: English | Simplified Chinese | Traditional Chinese | Japanese | Korean


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Following similar events in New York and Los Angeles, the Men Having Babies organization will host its first Midwest expo on Saturday 13 September
Gay men in the US's Midwest interested in starting a family may want to attend a special expo aimed at gay would-be parents. The Surrogacy Seminar and Gay Parenting Expo will take place on Saturday 13 September 2014 between 10am and 7pm.
The Alternative Parenting Show returns to London this month at a time when gay families are booming and LGBT parents are earning new respect
The annual Alternative Parenting Show, which returns to London this month, exemplifies an explosion in the growth of gay parenting
New film Any Day Now has just hit UK cinemas and serves as a stark reminder of how far gay people have come in the past four decades in respect to equal rights – particularly in respect to parenting.
Soap star Charlie Condou got a shock when The Daily Star 'revealed' he had two 'secret love children' - something he has spoken about for years
A gay parenting columnist and soap star was 'outed' as a gay parent in a UK tabloid today (22 August).
Charlie Condou, known for his starring role in British soap Coronation Street, got a shock when he looked at the front page of the Daily Star.
On the cover, the headline reads 'Corrie Star's Shock Secret Love Children' and 'revealed' how the actor had 'secretly fathered two kids with a straight gal pal'.
Somewhat embarrassingly for the tabloid newspaper, Condou had a regular column about gay parenting for The Guardian from 2011 to 2012.
UK Independence Party would-be MP loses election but still rants over gay adoption saying it is like the fall of the Roman Empire
UK Independence Party politician Winston McKenzie has ranted against gay parenting on live TV after losing his bid to become an MP.
The UKIP culture spokesperson was standing to become a Member of Parliamment for Croydon North in London in a by-election yesterday (29 November) but lost to Labour's Steve Reed.
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On November 4, 2013, the U.S. District Court for the Northern District of California approved a settlement agreement between the U.S. Fish & Wildlife Service (Service) and the Center for Biological Diversity (CBD) regarding the impacts of seven pesticides on the California red-legged frog (Rana draytonii), which is listed under the Endangered Species Act. Pursuant to the settlement, the Service is required to consult with the U.S. Environmental Protection Agency regarding whether the use of glyphosate, malathion, simazine, pendimethalin, permethrin, methomyl and myclobutanil will harm the species. The Service must issue a draft biological opinion for two of the chemicals within one year; biological opinions for the five remaining chemicals must be completed within two years.
The settlement agreement is the result of a lawsuit brought by CBD in 2011, which originally sought to require consultation for 64 pesticides. Under the terms of the agreement, CBD may bring suit again over the remaining 57 pesticides after two years have passed.
These types of settlement agreements have recently come under scrutiny. For example, Sen. Chuck Grasseley (R-IA) and Rep. Doug Collins (R-GA) have introduced legislation intended to curtail these so-called "closed-door settlements" with environmental groups. For more details regarding these legislative efforts, please see our posts dated June 4, 2013 and March 29, 2013.
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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