Shareholder Demands More Tesla Accountability After Cybersecurity Close Call

Turnkey CMMC Program

Turnkey Cybersecurity and Privacy Programs

Cybersecurity Expert and Tesla Shareholder Says Elon Should Be More Transparent to Shareholders About Cybersecurity Readiness After Attack

All of us can still love Elon while demanding more cybersecurity transparency. Cybersecurity impacts valuation, so the subject should be front and center at the shareholder meeting on September 22nd.”

— Ray Hutchins

DENVER, CO, UNITED STATES, September 1, 2020 /EINPresswire.com/ — "Elon Musk is a national treasure, and I thank him for immigrating and becoming a U.S. citizen," says Ray Hutchins, a Tesla shareholder and co-owner of two cybersecurity companies.

"I'm glad that Musk is competing in the Chinese market…I wish him well and hope that our two countries can learn how to compete while still treating each other with respect. But the hard reality is that the Chinese government has made it national policy to blatantly steal vast amounts of our intellectual property and to use those thefts against us economically, scientifically, and militarily. Other countries and criminals are doing the same thing. In light of these unfortunate facts, I urge all Tesla shareholders to demand more information about how Tesla's management is protecting our intellectual property and the value of our investments."

Hutchins' comments were prompted by the recent, unsuccessful insider attack on Tesla as widely reported last week in the press. "I'm super grateful that the recent attack was thwarted and I offer thanks to the loyal Tesla employee and kudos to the FBI," Hutchins said. "But it was only luck that that guy didn't take the $1M and provide access into Tesla's IT infrastructure. I worry that other attackers are already silently operating within Tesla and doing God-knows-what. No way was this recent attack the only effort to break into Tesla."

Shareholders of all publicly traded companies must trust that management is doing its job with respect to protecting company data, intellectual property, and valuation. But there is no shortage of evidence showing us how such trust is often misplaced. Cybersecurity breaches in 2020 include: Landry's Restaurants, Microsoft, MGM Resorts, Estee Lauder, Walgreens, Carnival Cruise Lines, T-Mobile, GE, Marriott International, Zoom, Facebook, Nintendo, GoDaddy, Twitter, Instagram, TikTok, YouTube and more.

"Considering the enormity of the business risk, I'd expect more real discussion of cybersecurity risk in Tesla's 10-K and also by Elon, who is always in the news," said Hutchins. "I don't want him or Tesla's management to reveal any tactical secrets, but more information about how they are devoting adequate attention and resources to this critical risk would be reassuring."

Hutchins was referring to previous statements by other CEOs about their cybersecurity efforts, such as JP Morgan Chase's CEO Jamie Dimon who said that his bank spends half a billion dollars a year on cybersecurity. And former Wells Fargo CEO John Stumpf who said that they were spending an “ocean” of money on cybersecurity and that this was the only expense where he asks if they are "spending enough."

Hutchins says that cybersecurity is now at the core of company valuations. "If a company cannot protect its IT infrastructure, data, and intellectual property from attack, then it is worth less than a company that can." He added, "Tesla has a very rich valuation which I believe is warranted…but only if it can protect its assets during this economic cyber war. I think all Tesla shareholders want the company to protect and grow the company's valuation."

It seems that Hutchins knows something about cybersecurity and company valuations. He was the first cybersecurity professional to approach the National Association of Certified Valuators and Analysts (NACVA.org) to formally request a change in the business valuation standard to formally include cybersecurity due diligence. As a result, that change is now underway.

Hutchins says that his companies are part of the DoD's effort to protect the nation's Defense Industrial Base (DIB) from cyber attack via its new Cybersecurity Maturity Model Certification (CMMC) program. After the General Service Administration (GSA) announced that they were going to follow DoD's lead and require CMMC certification before awarding GSA contracts, it is expected that all federal agencies (and then state governments) will ultimately do the same.

Hutchins' partner, Mitch Tanenbaum, a cybersecurity professional for over thirty years, says that publicly traded companies like Tesla should implement programs at least as good as the DoD CMMC program. "Our country is suffering huge intellectual property and financial losses right now. All publicly traded companies like Tesla should have already built or be building Level 5 CMMC-equivalent programs."

"I'll take that a step further," says Hutchins. "I think Elon should tell the public how SpaceX and his other privately-held companies and investments are protecting their intellectual property. SpaceX is already doing work for the DoD, and all of us have a stake in Elon's success, whether we are investors or not."

"Tesla has a huge base of loyal shareholders who have a vested interest in this conversation," Hutchins says. "All of us can still love Elon, his visions, and execution while demanding more cybersecurity transparency. Cybersecurity impacts valuation, so the subject should be front and center at the shareholder meeting on September 22nd."

When asked why he was so alarmed now when the recent breach had been stopped, Hutchins said, "That breach is not the problem…only a symptom of the problem. Tesla has to stop all the breaches every time, the criminals only have to succeed once. Now is when we, as shareholders, must demand that Elon stays on point and protects our investments."

Hutchins and Tanenbaum are partners in CyberCecurity LLC and Turnkey Cybersecurity and Privacy Solutions LLC (TCPS) which is the leader in TURNKEY cybersecurity programs for smaller companies who have to comply with DoD CMMC, NIST Cybersecurity Framework and other requirements. TCPS is the only company to offer small to medium-sized companies this cost-effective option. TCPS has a full range of pre-engineered, turnkey, comprehensive cybersecurity and privacy programs for smaller companies. Their programs make cybersecurity easier, less brain-damaging, and less expensive and the programs include full cybersecurity support – because it cannot be done otherwise.

For more information, please contact:

Ray Hutchins
CyberCecurity LLC
+1 303-887-5864
email us here

Why Your Company is Worth 30% Less Than You Think


Source: EIN Presswire

CBMJ Signs LOI to Add 2 Million in Revenue and Positive Cash Flow Through Acquisition of DeDonato Enterprises, L.L.C.

Flag and Cross CBMJ

Flag and Cross CBMJ

Thrashers Coffee CBMJ

Thrashers Coffee CBMJ

Vallorani Cigars CBMJ

Vallorani Cigars CBMJ

CBMJ has executed a letter of intent with DeDonato Enterprises, L.L.C. pursuant to which CBMJ will acquire 100 percent of the membership interest of DeDonato.

Canna Consumer Goods, Inc. (OTCMKTS:CBMJ)

We believe that the combined company will generate results far beyond what we could accomplish on our own.”

— Brandon Vallorani

PALM BEACH, FLORIDA, September 1, 2020 /EINPresswire.com/ — Canna Consumer Goods, Inc. (OTCPK: CBMJ) www.cannabroadcastmedia.com a premier broadcasting company is pleased to announce that it has entered into a letter of intent (“LOI”) with DeDonato Enterprises, L.L.C. pursuant to which CBMJ will acquire 100 percent of the membership interest of DeDonato.

DeDonato Enterprises, L.L.C. is a Digital Marketing Agency based in Metro-Atlanta that specializes in reaching a conservative/libertarian/religious audience.

DeDonato is on track to exceed two million in sales in 2020 despite a temporary slowdown due to COVID 19. Led by CEO and Founder Brandon Vallorani and employing approximately 15 employees and contractors, DeDonato Enterprises has experienced substantial growth over the past two years. Vallorani, a Forbes Books published author, who is regarded as a pioneer in the digital media and data-driven marketing industry has been distinguished six-times as an Inc. 5000 entrepreneur. He has built and sold two other similar media companies over the past 12 years and has a strong track record in increasing shareholder value.

Brandon Vallorani DeDonato’s CEO stated: “Being able to draw on the experience and resources that the CBMJ team brings to the table, coupled with the ability to allow the general public to participate in our company through the public markets, we believe that the combined company will generate results far beyond what we could accomplish on our own.”
Among other assets, DeDonato operates numerous social media accounts across several platforms with over 2 million followers, owns an active database of 1.2 million opt-in email subscribers, and publishes a network of 47 monetized political/news websites generating 10 million page views per month. Some of the marquis sites include www.flagandcross.com, and www.libertyhub.com . The Company also maintains one of the largest collections of historical documents on the web at www.constitution.com

Effective as of the closing of the transaction, Brandon Vallorani will join the board of directors of the Company and will continue to serve as the CEO of DeDonato Enterprises, L.L.C. DeDonato will remain a wholly-owned subsidiary of CBMJ and will continue to operate in its current location. It will however gain access to the full resources and relationships of the parent company CBMJ.

Post-closing, the company plans to divest its remaining cannabis-related assets and or shift the focus of its two operating subsidiaries including Loudmouth Media Inc. to support and align with the business objectives of the DeDonato Enterprises.

Mark Schaftlein, CBMJ’s CEO Remarked: “The core competencies of DeDonato and the very successful staff fit perfectly into CBMJ,s plans for expansion. We intend to add fuel to their fire and welcome Brandon as a key member of our combined organization. The revenues and additional web presence will serve to create a substantially more valuable company and serve as a foundation for not only expanding our core business but in identifying additional acquisitions and partnerships.”

In addition, DeDonato operates a brick and mortar coffee shop in Hiram, GA and e-commerce websites including www.thrasherscoffee.com , www.valloranicigars.com , and an e-commerce portal at their primary site www.store.flagandcross.com .

Completion of the transaction is subject to, among other things, the completion of due diligence, the negotiation and execution of a definitive agreement providing for the transaction, satisfaction of the conditions negotiated therein, and the satisfaction of other customary closing conditions. Accordingly, there can be no assurances that a definitive agreement will be entered into or that the proposed transaction will be consummated on the terms or timeframe currently contemplated, or at all.

About CBMJ: (CBMJ) dba Canna Broadcast Media specializes in getting mainstream media cleared promoting the cannabis sector including network TV, radio, and digital ads targeting those who wish to take advantage of the incredible investment opportunities that exist in the cannabis sector. Canna Broadcast Media owns "LoudMouth News" www.loudmouthnews.com which became the first and longest-running syndicated terrestrial radio news program that focused on the news relating to the marijuana industry. LoudMouth News presents the news and commentary in an entertaining neutral manner highlighting the most impactful current news in politics, products, sociological issues, and businesses.

Mark Schaftlein
CBMJ
+1 877-704-6773
email us here


Source: EIN Presswire

U.S. Department of Energy Awards Syndem with an SBIR Grant to Advance its Solar Inverter Technology

Accelerating the commercialization of Syndem's patented technologies

This is a game changer for the grid. It is the sort of breakthrough that helps to push an industry from one era to the next.”

— Keith Schneider, Global Energy Reporter

CHICAGO, IL, USA, September 1, 2020 /EINPresswire.com/ — Syndem LLC, a global pioneer in renewable energy and smart grid, announces that U.S. Department of Energy has awarded Syndem with a Small Business Innovation Research (SBIR) grant to advance its solar inverter technology.

This project is to develop the design and prototype of a new grid-forming tranformerless inverter to address the technical challenges behind, and the development of, safe, reliable, affordable, resilient, and efficient photovoltaic-storage systems while supporting the grid.

Syndem LLC is pioneering the development of the SYNDEM (meaning synchronized and democratized) grid architecture and virtual synchronous machines technologies to harmonize the integration of renewable energy sources, electric vehicles, storage systems, and flexible loads, with the synchronization mechanism of synchronous machines. This is expected to enable the autonomous operation of power systems and advance global energy freedom for billions of people with access to low-cost clean electricity.

About Syndem
Syndem is leading the global development of next-generation smart grids based on the synchronization-and-democratization mechanism to harmonize the integration of renewable energy sources (such as wind and solar), electric vehicles, storage, flexible loads etc. This will enable autonomous operation of power systems without relying on communication networks, improving grid stability, reliability, security, and sustainability, and advance global energy freedom for billions of people with access to low-cost clean electricity. Learn more at www.syndem.com.

About SBIR
The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are competitive funding opportunities that encourage U.S.-based small businesses to engage in high-risk, innovative research and technology development with the potential for future commercialization. For the U.S. Department of Energy’s (DOE), the program is managed by its Office of Science and awards projects in technology areas across the entire department. It is part of the larger SBIR program across the federal government, which is administered by the Small Business Administration. In the Solar Energy Technologies Office (SETO), funding is awarded to companies that are working to advance the affordability, reliability, and performance of solar technologies on to the grid. Funded projects address a wide variety of solar energy topics such as photovoltaics, grid integration, solar plus energy storage, and community solar, among others.

Dr. Qing-Chang Zhong
Syndem LLC
+1 630-540-8226
email us here


Source: EIN Presswire

IGNITE CITIES Starts Multi-City COVID-19 Wi-Fi Relief Program Supporting Vulnerable Families Across the Country

WiFi photo

IGNITE Launches COVID-19 Wi-Fi program in Chicago

IGNITE Logo

IGNITE

The COVID-19 Wi-Fi Relief Program is Supporting Vulnerable Families in Chicago, Miami, New Orleans, and Columbia

Every family should have internet access and we need to resolve this across the country. This program provides a smart option as we work towards a larger plan.”

— City of Miami Mayor, Francis Suarez.

CHICAGO, ILLINOIS, UNITED STATES, September 1, 2020 /EINPresswire.com/ — IGNITE Cities proudly launches a Multi-City COVID-19 Wi-Fi Relief Program in strategic collaboration with cities across the country. The program launched on July 28, 2020 with the City of Chicago to provide summer/fall Wi-Fi access locations and relief for families struggling through the pandemic. Through IGNITE’s partnerships with mayors across the country, they have initiated deployments in Miami, New Orleans, and Columbia and are open to supporting additional cities.

Due to shelter-in-place orders, many of our under-served families struggle without access to Wi-Fi. IGNITE’s free Wi-Fi program aims to bring internet access to students who are unable to access remote learning, and to families looking for both employment and local COVID-19 assistance.
All deployments utilize outdoor, solar-powered Wi-Fi devices manufactured by Mesh++. In Chicago, this program is active in the 7th, 24th, 27th and 36th wards, including several public parks. The Wi-Fi devices can extend a single (or multiple) backhaul connection(s) over a large area. This solution requires zero trenching or cables, and relies entirely on solar power and cell service, at absolutely no cost to the city or its residents. This program is in collaboration with Mesh ++ and multiple wireless service providers.

“Every family should have internet access and we need to do everything possible to resolve this across the country. We have students who have been unable to fully participate in remote learning and parents looking for work. This program provides a smart option as we work towards a larger plan,” said City of Miami Mayor, Francis Suarez.

IGNITE will announce a larger municipal broadband program this year based on its recent collaboration with JCL Infrastructure (owned by Earvin “Magic” Johnson and Loop Capital’s Jim Reynolds) and Qualcomm Corp. The group has allocated $75M to deliver immediate internet access, smart infrastructure and other related services cities need. The program will require no upfront costs for cities as it is based on new efficiency funding to ensure easy deployment of technology.

About IGNITE CITIES
IGNITE is a consulting practice designed to develop, engage and ignite relationships with Mayors, CIOs, and technology firms within cities across the US. The objective is to architect a connected city by placing people at the center of our purpose. IGNITE has refocused the connected city space and developed a smart framework that can scale, replicate, and become profitable. The result creates a visible impact that is measured by PEOPLE through citizen engagement, transformed infrastructure, and improved city services.

Brandon Bordenkircher
IGNITE CITIES
+1 312-505-2290
email us here
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Source: EIN Presswire

California U.S. Congressional Candidate Eric Early poised to defeat Adam Schiff in Nov

CALIFORNIA U.S. CONGRESSIONAL CANDIDATE ERIC EARLY

ERIC EARLY

CALIFORNIA U.S. CONGRESSIONAL CANDIDATE ERIC EARLY

California U.S. Congressional Candidate ERIC EARLY (R) Calls Out Adam Schiff for his Continual Lying To The Voters In California

I support law enforcement, will do whatever is necessary to fight our rising crime and California’s “Criminal’s Paradise”, I have a plan to deal with homelessness, I support the repeal of AB-5”

— CALIFORNIA U.S. CONGRESSIONAL 28TH DISTRICT CANDIDATE ERIC EARLY

BURBANK , CA, USA, September 1, 2020 /EINPresswire.com/ — California Attorney ERIC EARLY (R) www.ericearly.com who is bringing a major challenge to Adam Schiff’s Congressional seat for November in California 28th District, say’s “Schiff continues to lie to the people of our nation and our district here in California, and it’s time to put a stop to it.”

Eric Early is a father, small businessman and attorney who is running against Adam Schiff for Congress in California’s 28th Congressional District. His Campaign has raised over $2 million in donations to-date. Eric has been endorsed by among many others, The California Republican Party, Los Angeles County Republican Party, House Minority Leader Kevin McCarthy, former Governor Pete Wilson, former Los Angeles County Supervisor Mike Antonovich and former Los Angeles County District Attorney Steve Cooley.

Early said today, “Adam Schiff continues to lie to the American people, this time regarding the Director of National Intelligence’s (DNI’s) decision to stop briefing in-person on election security issues. Schiff has for months misrepresented, lied by omission and politicized that information, repeating over and over that, “the Russians continue to help Donald Trump again,” when all the information which has been made publicly available shows:

(1) The Communist Chinese are the most dangerous and powerful malign actors attempting to interfere with our elections, and they are doing so in order to help Joe Biden win the election (Schiff omits this in his statements about foreign election interference);

(2) The Mullahs in Iran also are trying to interfere with our election in order to help Joe Biden win the election (Schiff also omits this in his statements about foreign election interference); and

(3) That Russia continues to interfere in our elections for the purpose of trying to undermine the belief of Americans in the strength of our elections regardless of who wins the Presidency (Schiff also omits this in his statements about foreign election interference).

Schiff’s mis-statements, lies by omission, overt politicization and leaking of our nation’s confidential information on election interference appears to be lie the heart of DNI’s latest decision on how that information will be shared with Congress in the future. Put another way, Schiff’s chickens are coming home to roost.”

Early said “Schiff lives in Maryland and has let down our District on so many levels. It’s time for a real change to solve the issues that face the 28th District and our nation.”

Early said that his base is fired up and that, “We are seeing growing support from Democrats and Independents. Even people who normally don’t vote are coming up to me and saying thank you for running, we are praying for you and will be voting for you. We have over 500 volunteers. My team and I see, hear and feel the momentum growing.”

CALIFORNIANS IN THE 28 DISTRICT DO HAVE A CHOICE THIS NOVEMBER. They can choose Eric Early who can actually get things done for his District.

ABOUT ERIC EARLY

Eric Early is a father, small businessman and attorney who is running against Adam Schiff for Congress in California’s 28th Congressional District.

Eric is the co-owner and Managing Partner of a 25 lawyer nationally recognized law firm which practices in courts throughout America (www.EarlySullivan.com). He signs the front of many people’s paychecks every two weeks. Eric and his fiancé Emerald have 4 children, three dogs and a cat between them. Eric’s son is a successful business owner of a private jet charter company. Eric’s daughter has toured the world twice in rock bands. Eric’s soon to be stepson is currently stationed on an aircraft carrier in the Navy. Eric’s parents were legal immigrants to America. At 17, Eric’s dad enlisted in the Marines during the Korean War and fought in North Korea in the Korean War as part of the Chosen Reservoir Campaign. He returned home with a Purple Heart and raised a family.

Eric is not a politician. He has a blessed family, a wonderful law firm and will take a massive pay cut if elected. Eric loves America and could not remain on the sidelines. In Eric’s first race for public office, he ran for California Attorney General in 2018. Although Eric did not win, he received almost one million votes statewide.

He jumped in the race against Adam Schiff for Congress for two main reasons. First, Eric believes that there is a battle of good versus evil currently raging in our country, to the point where those who support communism and socialism remarkably now populate certain portions of our government. Now is not a time for good people to sit on the sidelines as the evil multiply. Second, Eric lives in the 28th District and personally took Adam Schiff’s endless lies about the President supposedly colluding with the Russians to get elected. Eric got fed up, so he stepped up. Eric jumped in the race even before Schiff’s impeachment travesty began.

Soon after entering the race, Eric was endorsed by the Los Angeles County Republican Party. Eric has also been endorsed by many other great individuals and organizations including The California Republican Party, The Glendale Burbank Republican Assembly, The California Republican Assembly, former Governor Pete Wilson, former L.A. County District Attorney Steve Cooley, former County Supervisor Mike Antonovich, House Minority Leader Kevin McCarthy, Congressman Ken Calvert, Congressman Tom McClintock, and many others.

Eric beat six other challengers in the March 3 primary for the distinct privilege of taking on Schiff head to head. The campaign has a robust national small donor fundraising effort which is helping fuel the campaign against one of the most hated politicians in America today and one of the worst Congressmen of our lifetimes. Eric’s campaign has received more than $2 million in donations made up of approximately 30,000 individual donations of all sizes.

In addition to the harm Schiff has caused the nation, he has completely abandoned the 28thDistrict, has done nothing while the homelessness epidemic exploded in the District, wants to defund law enforcement, and unlike Eric, lacks the tools that will be needed to rebuild the 28th

ROGER NEAL
NEAL PR
+1 323-366-2796
email us here


Source: EIN Presswire