Decision Point AI predicts M&A value outcomes pre acquisition as part of corporate due diligence and valuation

Decision Point AI Mergers and Acquisitions tag cloud

Decision Point AI Mergers and Acquisitions tag cloud

Decision Point AI strategic logic M&A workflow in AI

Decision Point AI strategic logic M&A workflow

Decision Point AI human subject matter expert questionnaire in M&A

Decision Point AI human subject matter expert questionnaire in M&A

Decision Point AI predicts risks, issues and answers will the combined firms return good value post acquisition, before acquisition as part of due diligence

Veriluma Limited (ASX:VRI)

NEW YORK, NEW YORK, UNITED STATES, June 14, 2019 /EINPresswire.com/ — Internationally M&A has a high failure rate

Up to 90% of Mergers and Acquisitions Fail, according to a Harvard Business Review report, the failure rate for mergers and acquisitions (M&A) sits between 70 percent and 90 percent.

Our AI approach is based on comprehensive research into the reasons behind the low success rate utilizing the research of Dr. Thomas Straub, Reasons for Frequent Failure in Mergers and Acquisitions, a comprehensive analysis. Dr. Straub has adopted holistic understanding of M&A as a crucial part of business development.

It is evident that companies’ long-term success is at least partially dependent on their strategic actions. And these are often shaped in practice by merger and acquisition activity. Thus phenomena as varied as globalization, value-chain optimization, or product diversification are often implemented as M&A operations. In no few cases, M&A activity constitutes the company’s strategy. Prof. Dr. Dr. José-Carlos Jarillo 2007.

The focus is therefore on core elements – strategic logic, cultural behaviour and financial benefits. Decision Point AI is able to predict the risks before the acquisition takes place using the following question;

will the combined firms return good value post acquisition?

Then, we list the factors that might provide insight to their combined performance, such as the Strategic Logic, Organizational Behaviour, and Financial Position.

Next, we break down each of the major terms (such as Strategic Logic) into their sub-issues, drivers, and indicators.

Strategic Logic with sub-issues, drivers and indicators

Having listed all of the issues that bear on this problem, (or at least having made a start), we now structure a model that describes the relevant relationships between these issues.

The relationship between the issues is expressed in terms of conditional probability. In the example above, in the real world, we would anticipate it is very likely that IF combined firms have good strategic logic (Combining firms has good strategic logic) THEN the combined firms would deliver good value (Combined firms’ performance delivers good value).

In this M&A example, we use several layers of reasoning from base information that is measurable in the real world, to aggregated ones, such as Production Operation Similarity.

Almost all objects in the system can be annotated with external links to web pages, PDF, images, spreadsheets, etc.

Human expertise is combined with the AI logic in the form of workshop based and individually identified experts in client organisations answering questionnaires to be built into the AI.

Above shows the observations made with respect to all of the issues contained in the questionnaire. Where there is colour there is information. More colour = more certainty. No colour = no data.

Predict early to identify the risks and save costs

A client used a recent example of a takeover on which they were the corporate advisor.  The acquirer was a AUD $350m Enterprise Value ("EV") listed entity, the target a AUD $75m EV listed entity, in the same industry sector. The takeover had completed earlier and earnings and other results were beginning to become apparent.

They found the Decision Point AI methodology thoughtful and comprehensive. In particular, the program asked for a broad range of non-financial factors to be considered, some of which they found were not usually quantified in pre-acquisition analysis of takeovers, but should be.   Acquirers and advisors alike tended to focus on easily quantifiable factors, such as EPS accretion/dilution and return on shareholders' funds. The Decision Point AI methodology could be helpful to assist acquirers and advisors alike in assessing longer term benefits, to each of the employees, clients and shareholders of each entity – acquirer and target.

Next Steps….

Decision Point AI methodology is focused on a part human and part machine integration which requires a major commitment in time and finance to achieve on the first question being answered it although gets a great deal easier over time. The next step is a proof of concept (POC) which costs between USD $65,000 and USD $130,000 as it actually answers a critical business question so practically delivers value. Additionally it requires the involvement and time of senior leadership to create a bespoke structure around their business capability and knowledge. Creating the POC takes 6-8 weeks depending upon complexity and access to subject matter experts within the the client company and involves both workshops and once identified expert questionnaires. The clients intellectual property pertaining to their own knowledge and observations remain their property.

Related Decision Point AI case studies

The following case studies are under construction;

Early stage dispute resolution Decision Point AI case study (divorce and personal injury)
Early advice and positioning Decision Point AI case study (class action, assessing capital reserves, likelihood of winning personal injury case)

Author: Karl Smith, Director

Karl Smith
Decision Point
+1 800-650-2487
email us here
Visit us on social media:
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LinkedIn


Source: EIN Presswire

How can we let our children play Russian roulette with drugs?

Kids learning about drugs

You’re never to young to learn the truth about drugs

Young people promoting Drug Free World

Young people advocating for the truth about drugs

Drug education training seminar

Parents and neighbors learning about drugs

Free materials on harms of drugs

Free Drug Free World materials

Logo Drug-Free World

Drug Free World Logo

That is exactly what is happening across the country as synthetic drugs hit our schools and neighborhoods.

Taking K2/Spice is like playing Russian roulette, because you never know when a hit will be deadly.”

— Thalia Ghiglia, Drug-Free World program, Washington, DC.

WASHINGTON, DC, USA, June 13, 2019 /EINPresswire.com/ — Promoted as “legal” and “safe” synthetic marijuana, also called K2, Spice or Scooby Snax, is neither legal nor safe, though growing in usage. K2 is not marijuana as there are no marijuana plant leaves at all in this drug. It is more correctly called a synthetic cannabinoid.

Synthetic drugs are made up of shredded plant material, which is then sprayed with devastatingly harmful man-made chemical poisons intended to simulate THC, the mind-altering ingredient found in the marijuana plant.

The broad term “synthetic cannabinoids” refers to a list of 225 currently known man-made chemical compounds designed to mimic THC. The list keeps growing as those making the compounds try to keep ahead of law enforcement’s efforts to label each compound as illegal. Additionally, one never knows what has been sprayed on the plant material or how much. Even inside the same batch, the strength and reactions can vary.

The Center for Behavior Health Statistics reported that emergency room visits doubled between 2010 and 2011 due to synthetic drugs with 28,531 ER visits in 2011 – 78% were among adolescents and young adults aged 12-29. Although current statistics are not available, the increasing problem was shown in 2018 in Washington, DC, where more than 1,600 people were transported to emergency rooms by ambulance in a two month period of time with five deaths in one week alone. Mayor Muriel Bowser proposed emergency legislation to prohibit the sale of synthetics in local stores, which was swiftly passed.

An American College of Emergency Physicians survey in 2016 reported more than 95% of responding physicians said the number of patients they had treated for synthetic drug use either had increased (61%) or remained the same (35%) since 2014. Most alarming, 87% reported seeing violent acts and 42% had staff injured within the last year by patients using these drugs.

The National Institute on Drug Abuse reports suicidal thoughts, violent behavior, paranoia and hallucinations as just some of the results from synthetic cannabinoids (K2/spice) use.

“Taking K2/Spice is like playing Russian roulette, because you never know when a hit will be deadly,” said Thalia Ghiglia, advocacy director of the Drug-Free World program in Washington, DC.

“How can we stand by while our youth join the tens of thousands of people across the country having severe reactions and ending up in hospital emergency rooms or in some cases mental hospitals or the coroner’s office?” she continued.

“Education is the key to the help that is needed to save our youth,” Ms. Ghiglia said.

The Foundation for a Drug-Free World, works with many other prevention centers, to educate youth that these drugs are essentially poisons. The Foundation’s “Truth About Drugs” program includes free drug prevention and education booklets and videos in 22 languages, easily accessed through the internet or through local programs.

The Foundation for a Drug- Free World, a non-profit public benefit corporation based in Los Angeles that focuses on grassroots level drug prevention and education and provides high quality materials to health counselors, teachers, sheriff’s departments and police, all over the world. Through the Foundation its volunteers, partners and other allies’ efforts, more than 62 million of the Foundation’s educational booklets have been distributed, tens of thousands of drug awareness events have been held, and the Foundation’s public service announcements have reach more that 260 million viewers in 123 countries.

For more information on advocates doing drug education go to https://www.scientology.tv/series/voices-for-humanity/darren-tessitore.html

Thalia Ghiglia
Drug Free World
+1 202-667-6404
email us here

Drug-Free World education specialist


Source: EIN Presswire

Natalie Cline, West Virginia Democrat, Announces Run for U.S. Congress in WV-01

Natalie Cline for U.S. Congress West Virginia's 1st

Natalie Cline for U.S. Congress West Virginia’s 1st

Democrat Natalie Cline announced today that she will seek election to the U.S. House of Representatives in West Virginia's 1st Congressional District.

WHEELING, WV, USA, June 13, 2019 /EINPresswire.com/ — NATALIE CLINE, WEST VIRGINIA DEMOCRAT,
ANNOUNCES RUN FOR U.S. CONGRESS IN WV-01

Wheeling, WV – Democrat Natalie Cline announced today that she will seek election to the U.S. House of Representatives in the West Virginia 1st Congressional District. Natalie grew up in Williamstown, WV and is a graduate of Williamstown High School.

“I’m running for Congress because I believe in this country and our idealistic state. West Virginia has a long history of standing up for civil liberties – be it our secession from Virginia or the mine bosses in 1920. West Virginians are responsible for the very first unions this country would ever see and the teacher strikes that inspired the nation. It is time we take a stance again, and send a representative to Washington who will stand up for the values that this state expects and deserves.”

Natalie is a Computational Linguist with a background in teaching. She has a strong background in research and has a passion for social policies that benefit workers. Coming from a long line of proud, hard-working West Virginians, she has seen the American Dream come to fruition for previous generations, only to all but disappear for today’s West Virginia workers.

“I’m stepping forward to fight for workers. It is time that West Virginia have a representative who will stand up to outside influencers, and who believes that West Virginia is worth fighting for. It is time to stand up and show that our politicians cannot be bought by pharmaceutical companies and mineral companies who see us as merely a dot on the map. It is time for someone to start working for West Virginia first.”

Natalie is running to represent the 1st Congressional district, which includes 20 counties spanning the mid-Ohio Valley, the northern panhandle and north eastern West Virginia.

“Our district deserves an energetic and motivated representative who empowers residents, gives residents access to their government and fights to impose real penalties on companies who violate labor and environmental standards.”

Natalie currently works for a software company located in Herndon, VA where she specializes in software development that can automatically extract important information from any type of document in a variety of languages; primarily for the defense, intelligence and law enforcement communities. She earned a Master’s Degree in International Business Administration from Salem International University in Salem, WV and a Master’s Degree in World Languages, Literatures and Linguistics from West Virginia University in Morgantown, WV. Natalie currently resides in Wheeling, WV with her husband and 4 year-old son, Teddy.

The campaign’s website is www.NatalieClineForCongress.com

Paid for by Natalie Cline for Congress

###

Natalie Cline
Natalie Cline for Congress
+1 304-312-8170
email us here


Source: EIN Presswire

DARO ADDS TWO NEW BUILDINGS TO ITS MANAGEMENT OVERSIGHT

Circle Arms in Foggy Bottom and Connecticut House in Van Ness Bring Total Property Count to 12

We warmly welcome Circle Arms and Connecticut House to DARO's residential portfolio offerings. Both are charming buildings in vibrant neighborhoods and are generating positive feedback from residents.”

— Carissa Barry, President of DARO Management

WASHINGTON, DC, USA, June 13, 2019 /EINPresswire.com/ — DARO announced today it has added two new buildings to its management oversight to bring its total property count to 12. DARO has been managing the two buildings since May 1, 2019, and residents at the new properties are responding positively to both DARO’s oversight and accessibility of the locations.

Circle Arms is located at 2416 K Street NW in the Foggy Bottom neighborhood of NW Washington, DC. The community was built in 1964 and offers 48 fully furnished apartment homes which range in size from studio to one bedroom den. Circle Arms is conveniently located within walking distance of the Foggy Bottom metro, GW University and GW Hospital, and provides resident amenities such as a roof deck with views of the Potomac River and Georgetown.

Connecticut House is located at 4500 Connecticut Ave. NW in the Van Ness neighborhood of NW Washington, DC. Connecticut House was built in 1958 and offers 119 extremely large apartment homes ranging from studio to three bedrooms. The community is a block from the Van Ness metro, the University of the District of Columbia (UDC) Van Ness campus, and Soapstone Valley Park.

Carissa Barry, President of DARO Management, commented: “We are delighted to have added Circle Arms and Connecticut House to the Daro Management portfolio. The addition of these two communities further enhances our residential portfolio offerings. Both are charming buildings in vibrant neighborhoods.”

DARO’s commitment to rehabilitating, restoring and preserving historic properties are among a core set of values, along with their dedication to offering tenants the comfort of modern amenities, class-A service, a sense of community and a focus on sustainability.

Barry added: “As with all our buildings, we cherish the opportunity to offer our residents the features, elegance and legacy inherent in these vibrant communities, and we remain encouraged by the positive feedback we continue to receive from our residents.”

About Daro (www.daroapartments.com)
DARO was founded in 1935 by Dunbar A. Rosenthal. The 84-year-old company employs over 60 professionals across twelve revitalized historic properties and is known as a top owner-managed firm in the Metropolitan DC area. In 2013, after an infusion of capital into the portfolio, DARO began operating under new management with a renewed focus on strengthening customer service and community. DARO is proud to offer its tenants the charm and grandeur of DC’s historic properties alongside the comfort of modern amenities and class-A service. Daro’s management also takes pride in its sustainability program, aimed at preserving and rehabilitating historic properties and operating with the highest possible efficiency and smallest possible environmental footprint.

Please visit DARO’s two latest properties under management here:

Circle Arms – https://www.daroapartments.com/properties/circle-arms/
Connecticut House – https://www.daroapartments.com/properties/connecticut-house/

Kimberly Macleod
kmacconnect pr
+1 917-587-0069
email us here


Source: EIN Presswire

ACUF ORGANIZE THE 2019 AMAKA CHIWUIKE-UBA ANNUAL NATIONAL ASTHMA CONFERENCE

2019 Amaka Chiwuike-UbaAnnual National Asthma Conference

ACUF holds the 2019 Amaka Chiwuike-Uba Annual National Asthma Conference themed “Better Breathing, Better Living: The Role of the Environment and Governance”

Together, We shall BEAT ASTHMA”

— Chiwuike Uba

ENUGU, AFRICA, NIGERIA, June 13, 2019 /EINPresswire.com/ — he Amaka Chiwuike-Uba Foundation (ACUF) presents the 2019 Amaka Chiwuike-Uba Annual National Asthma Conference themed “Better Breathing, Better Living: The Role of the Environment and Governance”. The Conference will be held on Thursday, 18th July 2019 at the Oaklands Hotel in Enugu, Nigeria.

The Board Chairman of the Amaka Chiwuike Uba Foundation (ACUF), Dr. Chiwuike Uba, has said that the annual national asthma conference "is to throw more light on the role of the environment and governance on the management of respiratory diseases; especially, asthma".

In a statement to the media on Monday in Abuja, Uba said that the conference is so important, in view of people dying daily from air pollution-related diseases, including asthma complications and that "the conference is expected to X-ray the linkages between the environment and governance and its impact on health management, as well as make policy recommendations on ways to 'deal' with the identified challenges".

He revealed that the theme of the conference, "Better Breathing, Better Living: The Role of the Environment and Governance" is unique and coming at the right time, because "we are faced with challenges ranging from being rated as one the most polluted countries in the word to a country grappling with a lot of problems associated with other governance issues".

He added that, according to the World Health Organisation (WHO), air pollution is responsible for more than 12million deaths per year, that the achievement of the Sustainable Development Goals (SDGs) targets —SDG 3 (Good health and well-being), SDG 6 (Clean water and Sanitation), SDG 7 (Affordable clean energy), SDG 13 (Climate action), SDG 14 (Life below water) and SDG 16 (Peace, Security and Strong Institutions) is dependent on the environment and governance outcomes.

"The Annual Conference is a platform to discuss national issues, especially health and related matters in an evidence-based approach. The workshop provides policy alternatives and action plan on how to solve the identified challenges because most diseases are associated with environmental and governance issues. Therefore, the 2019 conference will look at issues related to our environmental governance and other governance issues, as they affect health management in Nigeria.

"Governance is core to a sustainable environment and development. We recognize that Nigeria's economy will be improved if the environment provides better breathing and people live a healthy life with guaranteed access to quality and affordable health care. So, for a conference of this nature, you need people who have the passion and genuinely working for the progress, prosperity, and renaissance of our dear country, Nigeria," he said.

Uba further revealed that collaborators like Nigeria Medical Association (NMA), Nigerian Thoracic Society (NTS), the Knowledge and Policy Management Initiative (KAPOMI) and Non-Communicable Diseases (NCD) Alliance, Nigeria are partners in the conference, even as he said that the choice of keynote and experts for the conference is "based on their passion for good governance, inclusiveness, access to quality and affordable healthcare and their expertise in the areas they would be speaking on".

He named some of the key speakers at the Conference to include Nigeria’s former Minister for Health – Prof. Onyebuchi Chukwu who will be the chairman of the Conference; Dr. Oby Ezekwesili –the former World Bank Vice-President and Nigeria’s former Education Minister and presidential candidate of the Allied Congress Party of Nigeria (ACPN) in the 2019 general elections; renowned public policy expert, Prof. Tunji Olaopa, Consultant Public Health Physician, Prof. Benjamin Uzochukwu, Consultant Respiratory and Chest Physician, Prof. Gregory Efosa Emerhbor, administrator and health professional, Prof. Rowland Ndoma-Egba, Ademola H. Adigun, Dr. Adaeze Ayuk, Dr. Ifediora Amobi, Larry Oguego, among other national and international experts.

Dr. Uba also called for a partnership to develop more strategic sources of funding in order to ensure sustainable long-term programming and improve the quality of life of people, saying that, "painfully, we are unable to do all that we propose to do; as a result of financial challenges. It is our hope that people will begin to support the Foundation financially by making donations and getting involved in fundraising for ACUF. We indeed need financial support."

“We also wish to appreciate individuals and some corporate organizations that provided one form of support or the other to the Foundation; especially, Oaklands Hotel & Amusement Park, Little Lung Africa (LLA), Blueprint Newspapers, Oracle Newspaper," he said.

ACUF was founded in 2016, in memory of Mrs. Amaka Uba, who died of asthma complications in 2016 with the vision of a society with better breathing, better living, and a happier, united and prosperous people. In achieving its mission of improving the quality of life of people, it carries out its objectives through the facilitation of evidence-based socio-economic research, policy dialogues/advocacy, training and education, and networking.

ACUF…improving the quality of life people. Support ACUF and together, we shall BEAT Asthma!

Paul Okah
Amaka Chiwuike-Uba Foundation (ACUF)
+234 8033095266
email us here


Source: EIN Presswire

A Single Payer Healthcare System Will Bring Back Our Manufacturing Industry

A Single Payer Healthcare System Will Bring Back Our Manufacturing Industry

A Single Payer Healthcare System Will Bring Back Our Manufacturing Industry (2)

A Single Payer Healthcare System Will Bring Back Our Manufacturing Industry (3)

A Single Payer Healthcare System Will Bring Back Our Manufacturing Industry (4)

A Single Payer Healthcare System Will Bring Back Our Manufacturing Industry (5)

DISTRICT OF COLUMBIA, UNITED STATES, June 13, 2019 /EINPresswire.com/ — In order to rebuild our Manufacturing Industry, create manufacturing jobs, make greater profits, pay higher salaries, and give employees greater freedom, we must change our Healthcare Industry and the way we pay for it.

The United States cannot compete with other industrial countries because our manufacturing costs of goods is higher than their selling prices of a similar good. Our manufacturing costs have increased year after year during the past three decades because our national health care expenditures have increased during this same period, while the international competitors have maintained low health care expenditures. The reason is they are on a single-payer health care system while we are not. Our country's national healthcare expenditures are eighteen percent of the GDP on health care, while other industrial countries average about seven percent of gross domestic product. Our manufacturers incur the costs of healthcare into the price of manufactured goods, while our international competitors do not.

In the United States, the majority of health care costs are paid by employers. Employer health care costs come in two categories, direct costs, the costs paid for the employees' benefits, and indirect costs, the health care costs included in products or services they purchase from others, and Social Security costs. All goods or services that are utilized have built into its price direct costs of health care for its employees and indirect costs.

All manufacturers must sell their products at a price above their cost break-even line. Any cost incurred by a manufacturer is marked up a reasonable amount to set the selling price, cover taxes, cover product over-runs, and make a profit. For this discussion, I am going to use a forty percent markup.

Our country spends eighteen percent of the GDP on health care, while other industrial countries only spend six percent. Our nation used to spend the same percentage as other nations but that was prior to the industry giving secret kickbacks to the insurance companies for referring their insured members to the providers. When you mark up the eighteen percent by an additional forty percent, the total cost of the direct and indirect cost goes to about twenty-five percent of total manufacturing costs.

Since 1982 the health care industry increased its share of the GDP from seven percent to today's eighteen percent. Correspondently manufacturing industry decreased its share of the GDP from thirty-four percent to twenty-three percent. The healthcare industry adapted the restraint of trade practices, eliminating competition between parties. The actual competition was which provider was going to give the insurance companies the largest kickback in order for the providers to have access to the insured members.

As the manufacturing marginal costs became greater than the competitive prices of similar goods due to increased health care costs increases the companies closed and filed for bankruptcy. The Federal Trade Commission and the Department of Justice were negligent in not recognizing the harm one industry was doing to another industry. Our antitrust laws are not only meant to protect us from one company becoming dominant in one industry but also to protect another industry from being damaged by a rival industry. The DOJ did not even recognize the price discrimination between private-pay patients, the actual difference collected from uninsured patients and insured patients.

The legislative branch of our government got into the health care business in 1965 but failed to control the costs spent on health care. There is an axion that states: when the government goes into business it never fails but passes on its losses to the people by increasing taxes. This is what happened with Medicare and Medicaid. There was an early warning sign in 2006. The amounts listed on the beneficiaries' bills were causing problems. The General Accounting Office was charged with determining the costs for Medicare Part B hospital out-patient services. In their report to Congress it noted that if it would be allowed to recompute the Medicare Part A hospital in-patient services, Medicare could save seventy-two percent for this program. This fact was never acted on and completely ignored. Today, the could save figure would be closer to eighty-five percent.

To bring back our manufacturing industry, create new companies and increase production of manufactured goods for export, we must lower our national health care costs to that of other nations, which are now part of and paid for below the manufacturers' cost break-even points and move them above the cost break-even point; like other nations we must pay for health care out of profits. Not only health care costs but all costs employer pays associated with its employees, including Federal Insurance Contributions Act (FICA). Our international competitors have already done this and their goods are more competitively priced.

We can produce goods at lower prices than our international competitors. It is a fact we still have a high productivity rating, due to the adaptation of automation, a well-trained labour force, a very strong infrastructure supporting businesses and low energy costs. We have been investing in better technology and greater automation, but our international competitors have been investing in new technologies and automation. We have trillions of dollars waiting and looking for the coming of a second industrial revolution in the United States and a rebirth of our manufacturing dominance.

Lowering corporate taxes is a benefit to existing businesses, giving them a short-term profit. But, lowering taxes does not lower the cost of manufacturing because it only affects the revenues above the cost break-even line. The Congressional Budget Office has just revised the forecast downward for the creation of new jobs because of the latest tax refund legislation and increased the increase to the national debt from $11.5 billion to $13.5 billion for the next ten years.

When these recommendations for a single payer system and revised tax system are implemented there will be many changes taking place, some good and some bad. On the good side, everyone will be covered for health care, people with pre-existing conditions will be covered and people will have their choice of the healthcare provider. Employees with existing illnesses or disabling skills will be able to get jobs and hold on to them with their skills to produce. The money allocated to the employees for health care will be paid to them in the form of higher wages, about $10 thousand per employee, plus FICA taxes. The salary increase will be the biggest recorded in our nation's history while creating a huge consumer group flush with money. The 1.7 million bankruptcies personal bankruptcies due to health care costs will be eliminated. The 25 percent of administrative health care expenditures for billing and collecting will be eliminated. The national health care expenditure will be cut in half or lower. The trade deficit will be eliminated. The National Debt will be lowered. With universal healthcare, all employees will have greater freedom of choice of where they work and not have to worry about changing jobs with a loss of medical coverage. The state's Medicaid expenditures will be eliminated and should immediately be moved to offset the cost of free higher education, like every other industrial country.

On the downside, the bad news is: based on a comparison with the insurance companies' employees per capita of Canada 250,000 sales jobs will be lost, there is no need for salespeople; these sales jobs should easily be moved to the manufacturing industry. Taxes paid for The Federal Insurance Contributions Act (FICA) will be increased and a flat tax added to the corporate and personal income rates. The total FICA tax is 15.3%. That percentage is applied to the employee's gross pay. The employer and employee each pay 7.65%. Here is the breakdown of these taxes:

• Within that 7.65%, the OASDI (Old Age, Survivors, and Disability program, AKA, Social Security) portion is 6.2%, up to the annual maximum wages subject to Social Security.

• The Medicare portion is 1.45% for each employee, on all employee earnings.

The new amount of the flat tax will have to be determined by the General Accounting Office and should be added on all earned income tax levels, which will ensure all people pay their fair amount of taxes. The medical portion should only rise 3% to 4% raising each contribution to 10.65% to 11.65%. Included will be the governments' obligation to our military veterans. The rise in the amount collected for the new taxes will be far lower than each person's increase in income.

Our progressive personal income tax system is fair. We realize certain individuals will always make more than others, allowed to keep most of it which are a strong motivator for success. We also realize that when more is given to an individual under our capitalistic system, a strong financial system is required for maintaining our freedom, therefore in the short run more has to be given to the government for the maintenance of the country, maintenance of our capitalistic system and the benefit of its citizens who make it possible. In the future, we will pass legislation for the maintenance of a balanced budget. When the transition is finished, we must allow market forces to stabilize all industries and keep government interference to a minimum.

The country must make the changes advocated or we will be facing financial ruin. Manufacturing creates wealth. Without a strong manufacturing industry, we will become a third world country, with our main industry becoming agriculture. The cost of our products will keep rising because other rich nations will be buying our products and will inflate our costs.

Every candidate for Congress, no matter what party, must support these changes. Any candidate that does not support these changes should not be elected. This is a win, win situation for each party. We can create lower manufacturing costs, create new manufacturing companies and have universal healthcare coverage. It is our responsibility to notify our representatives what we want. It is our responsibility to make sure these changes are implemented.

Roy J. Meidinger
Saving the World
+1 954-790-9407
email us here


Source: EIN Presswire

Shopin Joins IEEE to establish Unified Decentralized Identity Technology Working Group

Shopin joins IEEE to set the standards for United Decentralized Identity

Shopin joins IEEE to set the standards for United Decentralized Identity

Shopin - making shopping personal

Shopin – universal decentralized identity

Shopin leverages proprietary artificial intelligence, purchase data and blockchain

Shopin leverages proprietary artificial intelligence, purchase data and blockchain

Shopin Decentralized Identity standards to be set at the IEEE working group

Shopin Decentralized Identity

Industry leaders like Tim Cook (Apple), Microsoft are pushing for decentralized identities. Shopin to set the IEEE standards.

Industry leaders like Tim Cook (Apple), Microsoft are pushing for decentralized identities

Shopin’s new standard will offer a secure, decentralized approach for retailers to personalize consumer shopping experience and for consumer data sovereignty

We’re proud to take our place alongside prestigious members of the IEEE like Sony, Samsung, Qualcomm, AMD, Apple, Google, IBM and more. It’s humbling to see Shopin’s logo on the roster.”

— Eran Eyal

BROOKLYN, NY, UNITED STATES, June 12, 2019 /EINPresswire.com/ — Shopin.com blockchain, artificial intelligence, and decentralized identity solutions aim to accelerate revenue and lead the retail industry forward with unparalleled security, personalization, and decentralization, today announced it has joined the IEEE as a corporate member to establish the Unified Decentralized Identity Technology working group.

As a leader in the blockchain industry, the company is forming this working group and bringing together a consortium of experts who offer a strong foundation of web 3.0 decentralization technologies. Promoting a strong foundation and shared vision, the company expects more retailers will be ready to adopt decentralized identity technology to help drive increased personalization that can boost revenues.

Eran Eyal the CEO of Shopin shares: “The best way to improve adoption and outcomes for our clients is to encourage the industry to co-create these standards. To further our commitment to open standards we are forming this Working Group to facilitate industry wide change that we steward with our technical leadership”.

“We’re proud to take our place alongside prestigious members of the IEEE like Sony, Samsung, Qualcomm, AMD, Apple, Google, IBM and more. It’s humbling to see Shopin’s logo on the roster.”

In furtherment of these goals, Shopin will soon be revealing a proprietary patent-protected enterprise-grade GDPR-compliant data exchange which leverages a unique asymmetrical and asynchronous Distributed Hash Table (DHT), blockchain, and artificial intelligence architecture. This solution will be open-source.

Shopin invites all retail and technology companies or individuals interested in joining the UDID Working Group to contact us at IEEE@shopin.com.

Shopin can be found on IEEE here: https://standards.ieee.org/about/corpchan/mbrs5.html

About Shopin

Shopin is a universal shopper profile, built on the blockchain and powered by our proprietary visual artificial intelligence, which delivers shoppers the most personal experience in every site, app and instore by working with retailers to give shoppers control of their purchased data.

When shoppers own the best of their data, we can enable retailers to advertise directly to the shopper, who gets 85% of the ad revenue to spend back in the world of retail through the Shopin and branded tokens.

Our mission is to transform the retail web into a decentralized Amazon model through our proprietary artificial intelligence tools and blockchain approach.

Recently Shopin released its first product, the Retail Intelligence Data Engine which leverages data from over 3.5BN purchase data transactions to deliver forecasting and trends insights and recommendations to retailers and brands.

Shopin was named retail-tech “Moonshot of the Year” by thought-leader The Lead.

This release was originally posted at: https://www.globenewswire.com/news-release/2019/06/12/1867549/0/en/Shopin-Joins-IEEE-to-establish-Unified-Decentralized-Identity-Technology-Working-Group.html?culture=en-us

Contact: Eran Eyal
eran@shopin.com

Eran Eyal
Shopin
+1 646-789-1243
email us here
Visit us on social media:
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Source: EIN Presswire

Oregon House Passes Historic Cannabis Export Measure

Oregon's measure allows Governor to enter into export agreements with other legalized states

As we move inexorably towards regulated markets, this bill brings us one step closer to sharing Oregon's bounty, legally, with consumers everywhere”

— Adam J. Smith, Executive Director of the Craft Cannabis Alliance

SALEM, OR, USA, June 11, 2019 /EINPresswire.com/ — In a bi-partisan vote of 43-16 on Tuesday, the Oregon House passed an historic measure that will allow Oregon’s Governor to enter into agreements with other consenting states to allow for the legal export of cannabis between state markets. Governor Brown is expected to sign the bill.

Senator Floyd Prozanski, the bill’s sponsor, has been a champion of smart, rational cannabis policy in the Oregon legislature for more than two decades – and a key proponent of the concept.

“This is a very strong statement by the Oregon legislature, and one that will reverberate across the country,” says Sen. Prozanski. “The future of this industry is that cannabis will primarily be grown where it grows best, and most efficiently, and most sustainably. That’s what functioning legal markets do.”

The Oregon Retailers of Cannabis Association (ORCA) has been working with lawmakers to develop a bill to establish a framework for exporting cannabis since 2015. A similar bill was introduced in the 2017 session, where it was voted on by the Senate Judiciary Committee and passed 3-2, but the bill never received a vote in the Senate and died. Last month, the Oregon Senate passed SB 582 in a 19-9 vote.

“This is a major paradigm shift for sure,” says Casey Houlihan, Executive Director of the Oregon Retailers of Cannabis Association (ORCA). “When we started the conversation around cannabis exports four years ago, this was not on the radar of most legislators. But it’s really smart public policy – it’s important to our members, important for our state, and important for the future of the entire cannabis industry. Passing this bill at this critical moment is a testament to the massive value for the industry in building strong relationships with legislators and working to educate our lawmakers in Salem.”

“The Emerald Region, from Oregon through Northern California, is one of the best and most important cannabis-producing regions in the world,” says Adam J. Smith, Founder and Executive Director of the Craft Cannabis Alliance, who also supported the bill. “In fact, this region has produced the majority of the nation’s domestic cannabis for generations. As we move inexorably towards regulated markets, this bill brings us one step closer to sharing Oregon's bounty, legally, with consumers everywhere.”

The bill contains a “trigger” requiring that before the governor can enter into such an agreement, the federal government must allow such transfers in federal statute or indicate tolerance via a Department of Justice memo or policy directive. Seen as a long-shot before the session, the bill gained national attention as more and more states explore legalization policies. Under current conventions, every newly legal state must create a self-contained production industry, regardless of economic or environmental suitability.

Houlihan continued, “For years, most members of the legislature have been overwhelmed with implementing cannabis legalization. With the passage of this bill, Oregon’s lawmakers will likely factor in the many positive local impacts of our position as a global leader in cannabis production.”

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Jesse Bontecou
Oregon Cannabis Retailers
+1 541-632-4442
email us here


Source: EIN Presswire

CCHR: Black Box Warning on Sleep Aids is not Enough

The Antidepressant: Suicide Link Ten Years Post Black Box Warning

The Antidepressant: Suicide Link Ten Years Post Black Box Warning

The headquarters for CCHR Florida are located in downtown Clearwater.

The headquarters for CCHR Florida are located in downtown Clearwater.

The Citizens Commission on Human Rights is a non-profit mental health watchdog dedicated to the eradication of abuses committed under the guise of mental health.

The Citizens Commission on Human Rights is a non-profit mental health watchdog dedicated to the eradication of abuses committed under the guise of mental health.

Black box warnings with an increased risk of suicidal behavior have existed on antidepressants since 2004, yet more than 2 million children are on these drugs.

Quite likely pharmaceutical companies and psychiatrists view these warnings merely as the cost of doing business.”

— Diane Stein, President CCHR Florida

CLEARWATER, FL, UNITED STATES, June 11, 2019 /EINPresswire.com/ — Federal health regulators announced in April 2019 that manufacturers of certain sleeping pills must now include a “black box” warning alerting consumers of the potential for serious or life-threatening side effects.

This is what the agency's safety alert says: “Patients, stop taking your insomnia medicine and contact your health care professional right away if you experience a complex sleep behavior where you engage in activities while you are not fully awake, or if you do not remember activities you have done while taking the medicine.” [1]

The warning is a start, but the Citizens Commission on Human Rights (CCHR) states that this is not enough given the fact that black box warnings on antidepressants have existed since 2004 yet more than 2 million children are on these drugs.

According to CCHR, the Food and Drug Administration’s (FDA) continuing clearance of potentially addictive and dangerous psychotropic drugs and, more recently, electroshock treatment devices, fuels a lucrative $35 billion a year industry at the cost of consumers’ mental health and lives.

CCHR points out that more than 43.6 million Americans each year are now taking antidepressants – once called “miracle pills;” but psychiatrists now claim that the drugs don’t work in one out of every three people taking them. “Side effects” of antidepressants include suicidal thoughts and violence-related effects— “hardly a recipe for improving depression,” says CCHR. [2]

“The marketing of dangerous drugs is big business in this country and the FDA’s black box warnings fail to adequately protect consumers,” said Diane Stein, president of the Florida chapter of CCHR. “Quite likely pharmaceutical companies and psychiatrists view these warnings merely as the cost of doing business.”

Dr. Ilene Rosen, a professor of clinical medicine at the University of Pennsylvania's school of medicine reports that she has been telling her patients about these risks for the last 15 years. She also states that the sleep community is well aware of the dangers mentioning that these types of drugs were not part of the “formulary” of recommended drugs at the hospital for inpatients at the University of Pennsylvania because of their connection to sleepwalking, falls and other problems.

In 2012 a study linked hypnotic sleep aids such as zolpidem, eszopiclone, zaleplon and others to a higher risk of early death. This includes patients who only took 18 pills a year! And those who were prescribed the most hypnotics were 35% more likely to develop a new cancer after only 2.5 years of follow up.

That study only showed “associations” rather than direct cause and effect. But in 2018 a review concluded that “hypnotics are related to serious illnesses and premature deaths from cancer, serious infections, mood disorders, accidental injuries, suicides and homicides.” [3]

Since insomnia drugs and other dangerous pharmaceuticals such as anti-depressants are still on the market, FDA warnings appear as a mere hand slap. The bottom line is that pharmaceutical companies are making a lot of money from these drugs and there appears to be little, if any concern for the health and safety of the consumers. For more information visit www.cchrflorida.org or call 727-442-8820.

About CCHR: Initially established by the Church of Scientology and renowned psychiatrist Dr. Thomas Szasz in 1969, CCHR’s mission is to eradicate abuses committed under the guise of mental health and enact patient and consumer protections. L. Ron Hubbard, founder of Scientology, first brought psychiatric imprisonment to wide public notice: “Thousands and thousands are seized without process of law, every week, over the ‘free world’ tortured, castrated, killed. All in the name of ‘mental health,’” he wrote in March 1969.

Sources:

[1] https://www.nytimes.com/2019/04/30/health/sleep-drugs-ambien-side-effects.html?smid=nytcore-ios-share
[2] https://www.cchrint.org/psychiatric-drugs/antidepressantsideeffects/
[3] http://time.com/5584937/sleeping-pills-safe/

Diane Stein
Citizens Commission on Human Rights of Florida
+1 (727) 422-8820
email us here
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CCHR – Antidepressant Drug Warnings


Source: EIN Presswire

Try your new travel companion–Airwheel H3mini smart electric wheelchair

Airwheel smart wheelchair

airwheel smart wheelchair

airwheel h3mini Electric Wheelchairs

airwheel h3mini smart wheelchair

airwheel h3mini Electric Wheelchairs

airwheel h3mini smart wheelchair

Airwheel constantly improves its quality and design to provide with more excellent riding experience and increasingly satisfy various mobility needs.

BRUSSELS, BELGIUM, June 11, 2019 /EINPresswire.com/ —   Abstract: Airwheel constantly improves its quality and design to provide with more excellent riding experience and increasingly satisfy various mobility needs. The new product H3mini folding electric wheelchair has made many breakthroughs and welcome to try your new travel companion.

  How to choose your daily transport? Even though many needs to be considered, like the utility, performance and even the appearance, the one suits you is the best. The reason why the Airwheel H3mini power chair will become your new travel companion is the muti-function. It is not only able to ride at the speed of 6km / h in the district, sidewalks, but also has automatic folding system making it easy to store. The handlebar controller allows anyone to sit on the saddle and go. Details are as follows.

  Airwheel H3mini smart wheelchair automatic electric wheelchair aims to help the people who have difficulty in walking move smoothly, conveniently and freely. It improves riding comforts significantly with more humanized and upgraded design. H3mini enables riders to keep sitting while going forward, saving human strength thanks to the branded lithium battery and powerful motor. With the intelligent controller, riders can go forward and turn directions. It will automatically brake when your hand doesn’t touch the controller, which is super easy to control. People can go and stop whenever they want as well as enjoy more private time. Of course, you can also choose the manual mode. No matter what mode you choose, you will not feel tired, as its seat is made of double honeycomb mesh breathable material, which means the longer you sit, the more comfortable you feel.

  H3mini electric(power) wheelchair occupies little space in spite of its more complicated design and more importantly, it can fold automatically. Also, the security guarantees are also significantly advanced by safety and intelligent protection mechanisms. When reversing, H3mini smart wheelchair will automatically beep to remind passers-by around to ensure safety. At night, it always lights up the road whether it’s on urban streets or rural lane, outdoors or indoors. Moreover, the App exclusively developed for Airwheel products allows riders to connect H3mini with their smart phones to facilitate riders inspect the real-time running stats and monitor it better.

  To conclude, Airwheel H3mini electric automatic folding wheelchair will become your new travel companion.

Airwheel Holding Limited
Airwheel Holding Limited
+32 10 61 33 24
email us here

Airwheel H3Mini:Lightweight power wheelchair(Medical Mobility Aid Scooter) most compact in the world


Source: EIN Presswire