Successor

NEO Battery Materials Announces Change of Auditor to MNP LLP

Retrieved on: 
Wednesday, March 20, 2024

TORONTO, March 20, 2024 (GLOBE NEWSWIRE) -- NEO Battery Materials Ltd. (“NEO” or the “Company”) (TSXV: NBM) (OTC: NBMFF), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce that it has changed its auditors from DeVisser Gray LLP (“Former Auditor”) to MNP LLP (“Successor Auditor”), effective March 19, 2024.

Key Points: 
  • TORONTO, March 20, 2024 (GLOBE NEWSWIRE) -- NEO Battery Materials Ltd. (“NEO” or the “Company”) (TSXV: NBM) (OTC: NBMFF), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, is pleased to announce that it has changed its auditors from DeVisser Gray LLP (“Former Auditor”) to MNP LLP (“Successor Auditor”), effective March 19, 2024.
  • NEO Battery’s board of directors accepted the resignation of DeVisser Gray LLP and appointed MNP LLP as the new auditor of the Company, effective March 19, 2024, until the Company’s next annual general meeting of shareholders.
  • There were no reservations in the Former Auditor’s audit reports for any financial period during which the Former Auditor was the Company’s auditor.
  • There are no “reportable events” (as the term is defined in National Instrument 51-102 – Continuous Disclosure Obligations) between the Company and the Former Auditor.

Novo Integrated Sciences Provides Update on Certain Current Actions and Events

Retrieved on: 
Tuesday, March 26, 2024

2:19-cv-04299 VAP (JPRx) to acquire a certain collection of 43 gemstones, 42 of which are certified by the Gemological Institute of America, (the “Ophir Collection”), for $60,000,000.

Key Points: 
  • 2:19-cv-04299 VAP (JPRx) to acquire a certain collection of 43 gemstones, 42 of which are certified by the Gemological Institute of America, (the “Ophir Collection”), for $60,000,000.
  • On December 1, 2023, the Court approved the Ophir Agreement.
  • Within two business days following the Company’s execution of the Ophir Agreement, the Company was required to, and did, deposit $25,000 with the Successor Receiver.
  • The UCC-3 filing provides for the partial assignment and transfer of the full face-value of the Bond to Novo for a maximum term of 15-years without the benefit of annual interest.

Mallinckrodt plc Reports Fourth Quarter and Fiscal Year 2023 Financial Results and Provides 2024 Guidance

Retrieved on: 
Tuesday, March 26, 2024

Adjusted gross profit as a percentage of sales was 62.3% for the fourth quarter of 2023, as compared to 65.9% for the fourth quarter of 2022.

Key Points: 
  • Adjusted gross profit as a percentage of sales was 62.3% for the fourth quarter of 2023, as compared to 65.9% for the fourth quarter of 2022.
  • Mallinckrodt expects fiscal 2024 Acthar Gel net revenue to decline in the low single digits, compared with fiscal 2023.
  • Mallinckrodt received FDA clearance of the INOmax EVOLVE DS Delivery System in the fourth quarter of 2023.
  • Please see the "Reconciliation of Non-GAAP Financial Guidance" included in this release for a reconciliation of GAAP and non-GAAP financial measures for the fourth quarter of 2023 and fiscal 2023.

Australian writers have been envisioning AI for a century. Here are 5 stories to read as we grapple with rapid change

Retrieved on: 
Friday, April 5, 2024

There is, in fact, more than 100 years’ worth of Australian literature about AI and robotics.

Key Points: 
  • There is, in fact, more than 100 years’ worth of Australian literature about AI and robotics.
  • Nearly 2,000 such works are listed in the AustLit database, a bibliography of Australian literature that includes novels, screenplays, poetry and other kinds of literature.
  • As part of an ongoing project, we are creating a comprehensive list of Australian literature about AI and robots.
  • Here are five Australian literary works of particular relevance to national conversations about AI.

The Automatic Barmaid


The Automatic Barmaid is a short story by Ernest O’Ferrall, who wrote under the pen name “Kodak”. Like his contemporaries Banjo Paterson and Henry Lawson, Kodak was best known as a writer of comedic bush stories.

  • The story concerns an automaton named Gwennie, who at first seems too good to be true, as she is cheaper and more efficient than a human barmaid.
  • The Automatic Barmaid is a humorous depiction of robots as tempting and cheap but not always suitable replacements for human labour.
  • The Automatic Barmaid shows how persistently sceptical we have been about our technologies over the last century, and how much we value human workers’ adaptability and resilience.

The Successors

  • His 1957 short story The Successors begins with a general and a professor meeting while their planet – presumably Earth – is under attack from an unknown race of invaders.
  • The professor muses that, in the end, the humans and the robots are not so different after all.
  • The Successors explores an as yet unachieved scenario.
  • Most current AI systems are what we call “narrow”, and can only complete a limited number of tasks in specific areas.
  • Although many people believe that AGI is still a long way into the future, thinking about extreme future scenarios, like the one in The Successors, can help us identify where we might need to mitigate risk.

Moon in the Ground

  • Keith Antill’s novel Moon in the Ground was published by pioneering Australian science fiction press Norstrilia in 1979.
  • Moon in the Ground speaks to the longstanding connections between defence and robotics, autonomous systems and AI – connections that Australia is now looking to strengthen.
  • However, as Moon in the Ground shows, chasing that power too keenly can be destructive.

The Tic-Toc Boy of Constantinople

  • The Tic-Toc Boy of Constantinople, a short story by Anthony Panegyres, was published in 2014 as part of the steampunk collection Kisses by Clockwork.
  • The story centres on Phyte, a robot who looks and acts like a human boy, apart from having a metal plate on his chest and occasionally producing steam.
  • The Tic-Toc Boy of Constantinople encourages us to think about how bodies are central to our experiences of the world.

Clade


James Bradley’s 2015 cli-fi novel Clade follows a family from the near future living in an increasingly precarious and unpredictable world faced with ecological collapse. AI plays a relatively minor part in the narrative, but when it does appear, it is represented ambivalently.

  • The sims can read and mimic the responses of people who interact with them.
  • The customers start making the dead less like they were and more as they would have preferred them to be.
  • Dylan faces his own ethical dilemma when he comes across a request to build a sim of an ex-girlfriend’s brother.
  • Clade encourages us to think about where our boundaries might be and why.

Making sense of the world


Humans tell stories to make sense of the world. Literary representations have much to tell us about how we understand and respond to the rapidly advancing and seemingly unpredictable technology of AI. To develop AI and robots that best respond to the needs of Australians, we can learn a lot from reading our own literature.
The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

System1 Announces First Quarter 2023 Financial Results

Retrieved on: 
Monday, July 3, 2023

System1, Inc. (NYSE: SST) (“System1” or the “Company”), an omnichannel customer acquisition marketing platform, announced its financial results for the first quarter of 2023.

Key Points: 
  • System1, Inc. (NYSE: SST) (“System1” or the “Company”), an omnichannel customer acquisition marketing platform, announced its financial results for the first quarter of 2023.
  • On the subscription side, we increased our customer acquisition spend 23% over the fourth quarter to $32.6 million and ended the quarter with over 2.6 million subscribers.
  • All year-over-year comparisons for the first quarter of 2023 combine results from January 27, 2022 through March 31, 2022 (Successor period) and January 1, 2022 through January 26, 2002 (Predecessor period) in the prior period.
  • The variability of these items could have an unpredictable, and potentially significant, impact on the Company’s future GAAP financial results.

Cool Company Ltd. Q1 2023 Business Update

Retrieved on: 
Tuesday, May 23, 2023

The Golar Seal completed its charter and was immediately delivered to her new owner on March 22, 2023, ensuring no idle-time and a Q1 fleet utilization of 100%.

Key Points: 
  • The Golar Seal completed its charter and was immediately delivered to her new owner on March 22, 2023, ensuring no idle-time and a Q1 fleet utilization of 100%.
  • There are no drydocks planned for 2023, with the next drydock expected during the second quarter of 2024.
  • With the recent sale of the Golar Seal, the Company has sufficient funds available to fund the initial milestones of the newbuild option (if exercised) on or prior to June 30, 2023.
  • The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise unless required by law.

Liquid Media Announces Change of Auditor

Retrieved on: 
Thursday, April 13, 2023

VANCOUVER, British Columbia, April 13, 2023 (GLOBE NEWSWIRE) -- Liquid Media Group Ltd. (the “Company”, “Liquid Media” or “Liquid”) (Nasdaq: YVR) announces that it has changed its auditor from Davidson & Company LLP, Chartered Professional Accountants, (the "Former Auditor") to Marcum LLP, Certified Public Accountants (the "Successor Auditor").

Key Points: 
  • VANCOUVER, British Columbia, April 13, 2023 (GLOBE NEWSWIRE) -- Liquid Media Group Ltd. (the “Company”, “Liquid Media” or “Liquid”) (Nasdaq: YVR) announces that it has changed its auditor from Davidson & Company LLP, Chartered Professional Accountants, (the "Former Auditor") to Marcum LLP, Certified Public Accountants (the "Successor Auditor").
  • There were no reservations in any auditor’s reports for the two most recently-completed fiscal years or for any period subsequent to the most recently-completed period for which an audit report was issued and preceding the date of the Former Auditor's resignation.
  • There were no reportable events between the Company and the Former Auditor.
  • The Notice of Change of Auditor, together with the letter from the Former Auditor and the letter from the Successor Auditor have been reviewed by the Company’s audit committee and board of directors and are filed on SEDAR.

ZyVersa Therapeutics Reports Fourth Quarter and Year-End 2022 Corporate and Financial Results

Retrieved on: 
Monday, April 3, 2023

WESTON, Fla., April 03, 2023 (GLOBE NEWSWIRE) -- ZyVersa Therapeutics, Inc. (Nasdaq: ZVSA, or "ZyVersa"), a clinical-stage specialty biopharmaceutical company developing first-in-class drug candidates for the treatment of renal and inflammatory diseases with high unmet medical needs, today provides a corporate update and reported financial results for the fourth quarter and full year ended December 31, 2022.

Key Points: 
  • “This is a very exciting time in the growth and evolution of ZyVersa.
  • An investigator-initiated trial to evaluate VAR 200 in up to three renal indications including FSGS, is expected to initiate in the fourth quarter of 2023.
  • Research and development expenses were $0.4 million for the period from December 13, 2022, through December 31, 2022 (the “Successor” period) and $5.4 million for the period from January 1, 2022 through December 12, 2022 (the “Predecessor” period).
  • General and administrative expenses were $0.4 million for the Successor period and $7.6 million for the Predecessor period.

Press Release Regarding Early Warning Report

Retrieved on: 
Friday, March 17, 2023

HONG KONG, March 17, 2023 (GLOBE NEWSWIRE) -- This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103-The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, in connection with the filing of an early warning report regarding Leung Lee CHAN (the “Receiver”) and Bless Delight Global Investments Limited (the “Successor Secured Lender”), taking control over 24,691,628 ordinary shares (the “Shares”) of Century Global Commodities Corporation (the “Issuer”) (TSX: CNT).

Key Points: 
  • THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES OR TO U.S. NEWS AGENCIES
    HONG KONG, March 17, 2023 (GLOBE NEWSWIRE) -- This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103-The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, in connection with the filing of an early warning report regarding Leung Lee CHAN (the “Receiver”) and Bless Delight Global Investments Limited (the “Successor Secured Lender”), taking control over 24,691,628 ordinary shares (the “Shares”) of Century Global Commodities Corporation (the “Issuer”) (TSX: CNT).
  • Ben Koon WONG (the “Borrower”), through his wholly-owned company, Purple Star Holdings Limited (“Purple Star”), owns the Shares.
  • On November 30, 2022, the Successor Secured Lender was assigned all the interests of the Original Lender under that loan agreement.
  • All transactions reported in this news release occurred in the Hong Kong Special Administrative Region of the People's Republic of China.

Cool Company Ltd. Q4 2022 Business Update

Retrieved on: 
Tuesday, February 28, 2023

The year concluded with JKM at $28/MMBtu, TTF at $23/MMBtu and quoted TFDE headline spot rates of $148,000 per day.

Key Points: 
  • The year concluded with JKM at $28/MMBtu, TTF at $23/MMBtu and quoted TFDE headline spot rates of $148,000 per day.
  • No idle time ahead of the vessel contract starting in late October meant that Q4 fleet utilization was 100%.
  • In line with the Company’s variable dividend policy, the Board has declared a Q4 dividend of $0.40 per ordinary share.
  • The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise unless required by law.