Katie Holmes and Suri make a run for it in the rain! Plus, see more photos of celebs spending time with their loved ones
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Katie Holmes and Suri make a run for it in the rain! Plus, see more photos of celebs spending time with their loved ones
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UFC president Dana White made a shockingly bad decision during a conference call Monday with mixed martial arts reporters when he said that the winner of Saturday's UFC on Fox 4 main event between Mauricio "Shogun" Rua and Brandon Vera would get the next title shot.
Light heavyweight champion Jon Jones, who defends his belt on Sept. 1 against former Strikeforce champion Dan Henderson, has already crushed all four fighters who are competing on Saturday's card at the Staples Center in Los Angeles. Ryan Bader meets ex-champion Lyoto Machida in the co-main event.
But it was Vera's so-so record that prompted outrage among media and fans. Vera enters Saturday's bout at the Staples Center 1-2 with a no contest in his last four fights. His best win at light heavyweight was over Krzysztof Soszynski.
When Jones was told on Twitter the Rua-Vera winner would get a title shot, he wrote, "Scratching my head." He wasn't alone in being perplexed by White's call.
So, late Monday, White changed his mind and opened the picture up. He said the fighter who looks the best on Saturday will get the title shot against the Jones-Henderson winner, giving Bader and Machida a chance, as well.
"When the fans speak, we listen," White said in a news release. "So whoever scores the best win, whoever gets the fans excited by going out there on Saturday and looking the most impressive, he will get the winner of Jones vs. Henderson. It is down to what these four guys do Saturday night in the Octagon. Winning isn't enough, they've got to win impressively. Any one of these four fighters can take things into their own hands and make a title shot happen."
Rua lost his title to Jones at UFC 128. Before the fight that day, Jones broke up a mugging, then went out and stopped Rua at 2:37 of the third in a stunningly one-sided performance.
Rua has gone 1-1 since, beating Forrest Griffin and losing to Henderson in what has been called the best fight in UFC history.
"I want the winner of Jones vs. Henderson," Rua said. "The fight I had with Henderson was a great fight, the fight of the year, and it was a very close fight. I am OK with that. It was a great fight. But the loss to Jones, I can't live with. I could have done so much better and I want to fight him again. First, though, I have to beat Brandon Vera and winning isn't good enough. I have to be very impressive, but that it what I have trained to do."
Vera took the change in stride. He has been upbeat and confident despite the naysayers who roared when he was put into a main event. White's announcement doesn't change much for him, because Vera has been saying all along he plans to win impressively.
If he does that, he'll make a very strong case for himself.
"Beating Shogun, and beating him the way I want, corrects all the mistakes I've made and wipes away all the bad performances," Vera said. "Beating Frank Mir is probably my best performance, but people don't realize that was nothing compared to what I do all the time in the gym. I'm going to show off what 'The Truth' really is on Fox."
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As expected, Neymar is making the Men?s Olympic soccer tournament his own, though as Spain?s shocking exit reminds us, Olympic soccer shouldn?t be taken for granted. This may be a turbo charged under-23 tournament, but there?s plenty of talent involved.
That?s what makes what Neymar?s doing so special. The 20-year-old Brazilian attacker, already acclaimed as one of the world?s best (without having set foot in Europe), as two goals in two games, a description which vastly understates his influence. He?s been the key cog in a Brazil attack that?s scored six goals in two games.
You could argue that a world class player dominating the Olympics isn?t so newsworthy, but when somebody like Luis Suarez goes scoreless in two games, it?s difficult to argue goals are there for the taking. A look back at the recent history of stars in the Olympics shows there are just as many Suarezes as Neymars. While some legends have used the summer games to build their legacy, others have failed to make their mark.
(MORE: A few words on the men?s soccer tournament)
Here?s a quick look at the recent history:
2008 ? Lionel Messi was just beginning his ascent to world domination when he touched down in China. He scored Argentina?s first goal of the tournament in a win over Cote d?Ivoire but only managed one more in the Albiceleste?s final five games (a gift presented him by a Dutch giveaway). Finishing a perfect 6-0-0 record, Argentina claimed gold, their only hiccup a penalty kick shootout win over the Netherlands in the quarterfinals.
2004 ? Cristiano Ronaldo was only 19 when he represented Portugal at the Athens games. The Seleccao disappointed, finishing at the bottom of Group D, though the young Ronaldo got on the scoresheet in the 40th minute of a Portugal win over Morocco. Coming off his first year at Manchester United, Ronaldo still impressed, putting on a memorable display of skill in his team?s opener against Iraq. The Iraqis went on to win the game, 4-2.
2000 ? The Sydney games were star-studded, in hindsight. Ronaldinho was on Brazil?s squad, scoring in the 94th minute to earn the Selecao extra time in the quarterfinals (they?d lose to Cameroon on a golden goal). A 20-year-old Xavi Hern?ndez helped Spain to silver, scoring twice (including in the final) as La Roja averaged two goals per game. But Samuel Eto?o, then 19, would end up claiming gold, scoring his only goal of the tournament in the final, eventually converting a penalty kick in the shootout.
1996 ? Real Madrid legend Ra?l scored twice for Spain, but a 20-year-old Ronaldo, fresh off his second season at PSV, was the man to watch. In six games, Ronaldo scored five times as Brazil took home bronze. Only Hern?n Crespo and teammate Bebeto had more goals in the tournament.
1988 ? Two strikers that would go on to win world titles featured in South Korea. Jurgen Klinsmann scored four times for one of West Germany?s final teams, the squad claiming the bronze in a 3-0 third-place match win over Italy. Brazil?s Romario, however, would be the tournament?s leading scorer, posting seven goals. Unfortunately, it was one too few, as Brazil lost the gold medal match to the Soviet Union, 2-1.
1984 ? Roger Milla got Cameroon?s Olympics off to a strong start, scoring 32 minutes in to the Indomitable Lions? first match (against powerhouse Yugoslavia). Cameroon would eventually lose that match and fail to get out of group, with Canada beating them 3-1 in Boston in Group B?s third game. Milla finished with that one goal.
1976 ? Michel Platini and Hugo Sanchez were drawn into the same group, with only Platini?s France making it out. He scored three times in group play before Les Bleus ran into East Germany in the quarterfinals, losing 4-0. Sanchez had a late consolation goal in his meeting with Platini?s France, but he would be kept off the scoresheet against Israel and Guatemala.
1972 ? Falc?o?started two of Brazil?s three games (and appear in all of them), but it was a poor tournament for the Selecao. Only 19 years old and yet to start his professional career with Internacional, Falc?o wasn?t in much of a position to help. They finished bottom of a group that included Hungary, Denmark, and Iraq. The tournament?s star was Poland?s Kazimierz Deyna, who scored nine goals in seven games, leading his team to gold. Deyna would eventually become a star in the NASL with San Diego, ending his career with the team as it moved into the Major Indoor Soccer League.
Source: http://prosoccertalk.nbcsports.com/2012/07/29/neymar-summer-olympics/related
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"It's not me, it's you."
NBC made waves with the announcement that it would offer livestreams of all events during the 2012?Olympics. However, now that the London games are here, many viewers have complained about problems with the online broadcasts, noting that the video has been stuttering, freezing, or failing to play.
The network told The New York Times that the problems were not widespread or based in any issues within NBC. Rick Cordella, vice president and general manager of NBC Sports Digital Media, said the sources of the trouble might be the bandwidth provided by cable companies, or the viewersâ???? computers or devices.
NBC said it would attempt to adjust its livestreams and have normal service at the start of the week. If the online coverage isn't doing it for you, check out some of the many apps that will keep you up to date on the Olympics excitement.
[Image credit: Bert Kimura]
[via The Verge]
This article was written by Anna Washenko and originally appeared on Tecca
More from Tecca:
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While we don?t like to be inflicted with a conversation in this area it ? or even think in this area it ? crime is on the boost in America, and aptly through the planet. The numeral of burglars, muggers, car thieves, robbers, purse snatchers, and other crimes is growing by an alarming rate. Now you, as an inhabitant, working with neighbors can help reduce the crime rate. As we are the members of society, we need to try our best to reduce the crimes and in the article below I will give you some tips on how to reduce the crimes.
First, you can try to stay in groups. There?s safety in proof and power through working with a assemble. You?ll make to know your neighbors better, and working with them you can reduce crime, develop a more united convergence, provide a chance of communications linking control and citizens, set up on-going crime prevention techniques in your locality, and renew resident appeal in convergence endeavor.
Second, although here are thumbs down ?one-size-fits-all? solutions, here are ordinary elements by bring about, chief amongst them a enthusiasm to occupy the convergence in a meaningful way. Equally lone Chief of Police experimental, ?I used to thinkwith the intention of the control fought crime lonely and with the intention of the convergence may possibly single make in the way. Now we?ve got it aptly. We understand with the aim of in order to prevent crime and keep our union safe; we?ve got to occupy the union as our partner.
Third, you can furthermore try to reduce the crimes by using the high-tech tools. Many high tech tools can help people reduce the crimes easier, such as the 16 channel dvr, 8 channel dvr and bullet camera. These surveillance products are straightforward to soubriquet, so you can consider using these tools.
Source: http://www.gongyifair.org/best-ways-to-reduce-crime.html
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Our Rating: 9.5
IMDb Ratings: 7.0
Genre: Action?| Drama
Cast:?Marlon Brando, Evaristo M?rquez, Norman Hill
Language: Italian?|?Portuguese?
Country: Italy?| France
Runtime: 115 min
Queimada (as known as Burn!) is a 1969 motion-picture directed by celebrated Italian moviemaker Gillo Pontecorvo. Queimada is Pontecorvo?s follow up to his critically acclaimed magnum opus, Battle of Algiers?an epic war movie based on the events surrounding the Algerian War. Queimada stars American movie-icon Marlon Brando in the lead role of a mercenary named Sir William Walker. With its anti-war, anti-racist themes, Queimada serves to be a powerful political drama that gets better with each viewing.For more information on the title, please click on the following links:
A Scene From Queimada aka Burnt! (1969)
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Geo car hire offers you a wide range of luxury rent a cars within an affordable range. You now need not to worry about your conveyance when you are visiting Los Angeles. You get hire cars from Geo car hire that will be available to you right at the airport. Make Geo car hire your top choice for inexpensive Los Angeles Airport (LAX) car hire. Los Angeles airport is one of the busiest airports of the world, and you can depend or rely on the last time booking. http://www.geocarhire.com/united-states/
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Web: http://www.geocarhire.com/united-states/
Country: Pakistan, City: Gujranwala
Status: Rent, Price: 00, Date: 7/29/2012
Source: http://superandfree.com/malioglas.asp?id_oglasa=82176
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The Inanda Club in Sandton hosted the Inanda Africa Cup 2012 from 20 to 22 July. The ?2012 knock out event invited representative players from Nigeria and host players from Polo Africa (a South African development side) and South Africa.All 10 competitive sides displayed their prowess over a thrilling three days, with the finale being held at a star studded event on Sunday, 22 July.
.
Here are some of the famous spotted at the event:
Basetsana Kumalo with Shakes and Sonia Sedibe.
Winnie Modise and friend
The battle of the Sonias. Sonia Sedibe and Sonia Motaung
Getting a kiss from Pearl Thusi
Idols host Proverb with Shaldon Kopman
Leroux Hendrix and Ole Ledimo
Nandi Mngoma
Lalla Hirayama and her boo, Chris.
Gert Johan Coetzee and Melinda Shaw
Faye Peters and David Tlale
TV Presenter Dineo Moeketsi
Proverb interviewing Dineo for All Access
David Tlale
Craig Jacobs and Dion Chang
Claire Mawisa and a friend?
Bridget and Thabiso Khati
A gorgeous day with gorgeous people in gorgeous outfits. Countdown to Inanda Africa Cup 2013 starts now?
?
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In our last post, we discussed the residential foreclosure rate in Baton Rouge. One of the interesting things about the Baton Rouge foreclosure picture, according to RealtyTrac Inc., is that there are very few homes in the "pre-foreclosure," or default, stage. Instead, about 60 percent of the foreclosure properties are scheduled for public auction, and 40 percent are bank-owned.
That translates into a good number of existing homes on the market for lower-than-market prices. We have discussed this before, of course: This inventory depresses sale prices for homes that aren't in foreclosure, and everyone suffers. Especially, it seems, in the new home construction business.
The U.S. Department of Commerce released new home sales data this past week, and home builders were not pleased. According to the department's Census Bureau, June numbers have lowered the overall forecast for 2012: By the end of the year, home builders should sell about 350,000 new-construction homes, an 8.4 percent drop from May's projection.
Granted, the total is still far better than 2011, when only 306,000 new homes sold. Last June, the forecast was even lower, at 304,000. So, home builders should be encouraged that the market has improved overall.
Alas, no. Many construction companies remain idle while the rest of the housing market tries to right itself. The supply of foreclosure properties hasn't helped, and lenders are making it more difficult for buyers to obtain mortgages. Then, of course, there's the global economy -- no one can predict when or if Europe will recover from its country-by-country meltdown.
There is one other problem that builders may not overcome for some time: a lack of land to build on.
We'll explain in our next post.
Source: The Wall Street Journal, "Land Problem Weighs on New Home Sales," Robbie Whelan, July 25, 2012
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Winston Rowe & Associates, a no upfront fee commercial bridge loan and hard money specialist offers borrowers an immediate financing alternative for short-term needs. Gap/Bridge financing, discounted mortgage buybacks, unpaid tax remittances, foreclosure workouts, bankruptcy resolutions (DIP) and short fuse opportunity financing.
Investors seeking additional information about Winston Rowe & Associates and their national bridge lending platform can contact them at 248-246-2243 or visit them online at http://www.winstonrowe.com
Bridge Loan Financing Guidelines:
Never an upfront or advance fee
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Hard money loans can fund in two weeks with a complete loan file
Borrower must have a clearly defined take out (exit) in place
All commercial property types considered
At Winston Rowe & Associates, they offer their clients access to the most aggressive commercial real estate bridge (hard money) loans in the industry. Whether you are in need of short term financing, such as a bridge loan or hard money loan, or your needs are more long term such as construction or permanent financing, they will work with clients to structure a transaction that will meet or exceed your expectations.
Winston Rowe & Associates has an excellent knowledge based investor resource for commercial real estate valuation and market analysis located at:
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Winston Rowe & Associates provides no upfront fee commercial bridge financing in the following states.
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Source: http://crepig.ning.com/xn/detail/2196616%3ABlogPost%3A183994
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There is plenty of choice to choose from when having a starter and main course. Choosing a combination of a two or three course meal adds plenty of flavour to your meal. For example the tricore a florentina pizza and a chocolate dessert sounds a good choice on your visit to Italian restaurant Gants Hill.
The pizzas appear in different styles and toppings. The customers view of choice with pizzas rather than standard ones gives them something they would prefer to order. During your visit to this restaurant customers can listen to nice easy going music and have a pleasurable meal at same time.
In addition to to having either a starter or main course many dishes served with classic olive oil. Majority of Italian meals serve virgin olive oil and many flavours get released. Favourable sauces like tomato or pesto are also used on other main meals.
Keep a watch on promotional offers at this Italian restaurant in Gants Hill. Being a previous dinner I like to take privilege of next upcoming promotional offers. We certainly enjoyed the meal and especially at 20% discount over the queens jubilee.
Most people are satisfied with a good wine selection in this restaurant. It was difficult to know each wine brand on the menu, however their quality was excellent. A meal in this restaurant can still be liked even more with a non alcoholic beverages.
To comment further on my experience there is room for future visits to this restaurant. It is a fact that their website can speak for itself as well as the visit made. The price is adequately fair and without exaggeration they provide a gold star levels of service.
Many dinners travel to this restaurant from outside the North East London region. This denotes the popularity of this Italian restaurant is in Gants Hill. En route to visitors going to bars and clubs in the area the restaurants attracts a wide audience.
We will more than likely be on the lookout for the next offer available. There is a promotional offer present over the Olympics period. My advice is to use one of these promotional offers and not miss out on what this restaurant has in store.
Want to find out more about italian restaurants gants hill, then visit Enzo's Pizzeria site on how to choose the best italian food in london for your needs.
Source: http://www.edirectory24.com/articles/what-you-dont-know-about-italian-food/
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CALGARY, ALBERTA ? (Marketwire) ? 07/27/12 ? GINSMS Inc. (?GINSMS? or the ?Company?) (TSX VENTURE: GOK) has announced its financial results for the fourth quarter and year ended March 31, 2012 and a change in the Share Purchase Agreement related to its planned acquisition of Inphosoft Group Pte Ltd.
PERFORMANCE HIGHLIGHTS FOR THE THREE AND TWELVE MONTHS ENDED MARCH 31, 2012
-- During the twelve-month period ended March 31, 2012, GINSMS incurred substantially higher professional and consultancy fees resulting from its planned acquisition of Inphosoft Group Pte Ltd, a Singapore IT mobile middleware solutions developer for mobile network operators ("MNOs"), financial institutions, media companies and enterprises, for a total consideration of $11.6 million, which has now been reduced to $11.3 million (see below) This increase in professional and consultancy fees combined with lower revenue affected EBITDA for the quarter ended March 31, 2012 which dropped by $291,671 compared to a negative $325,987 during the corresponding quarter the previous year. For the twelve-month period, EBITDA was a negative $345,348, compared to a positive EBITDA of $15,847 for the corresponding period the previous year. -- Volume of inter-SMS traffic for the three-month period ended March 31, 2012 was down by 25.8% to 28.2 million from the same period the previous year. When compared to the previous quarter ended December 30, 2011, traffic is down by 11.4%. GINSMS believes that this downward trend in SMS traffic is partly caused by cellphone users migrating to mobile instant messaging ("MIM") applications such as Research in Motion's BlackBerry Messenger ("BBM"), Apple's Imessage or other cross-platform mobile messaging applications such as WhatsApp. This migration enables smart phone users to send MIM using device data channel or WI-FI. -- Gross margin improved slightly during the fourth quarter to 55.0% from 50.5% during the corresponding quarter the previous due principally to savings from the disposal of the K-Matrix platform. For the twelve-month period, gross margin improved from 55.8% during the corresponding period the previous year to 60.9%. -- As a result of the expenses incurred for the acquisition of Inphosoft, liquidity weakened with a working capital of $614,907 as at March 31, 2012, compared to $957,343 as at March 31, 2011. The working capital ratio declined from 12.3 times at year-end to 5.1 times respectively.
SECTION 1.4: RESULTS OF OPERATIONS
---------------------------------------------------------------------------- ---------------------------------------------------------------------------- Three-month period ended Year ended March 31, March 31, Financial Highlights (Unaudited) (Audited) ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- 2012 2011 2012 2011 Revenues $ 158,652 179,542 686,934 785,615 Cost of sales $ (71,378) (88,845) (268,454) (347,184) ---------------------------------------------------------------------------- Gross profit $ 87,274 90,967 418,480 438,431 Gross margin 55.0% 50.5% 60.9% 55.8% ---------------------------------------------------------------------------- EBITDA (1) $ (325,987) (34,316) (345,348) 15,847 EBITDA margin (205.5)% N/A (50.3)% 2.0% ---------------------------------------------------------------------------- Net earnings $ (367,239) (60,616) (493,704) (96,536) ---------------------------------------------------------------------------- Net earnings margin (231.5)% (33.8)% (71.9)% (12.3)% ---------------------------------------------------------------------------- (1) EBITDA is a non-GAAP measure related to cash earnings and is defined for these purposes as earnings before income taxes, depreciation and amortization (share-based compensation included). ---------------------------------------------------------------------------- Consolidated Consolidated Consolidated as at as at as at March 31, 2012 March 31, 2011 April 1, 2010 (Audited)(1) (Audited) (Audited)(2) ---------------------------------------------------------------------------- Total assets $ 883,952 1,256,568 1,652,884 Total liabilities $ 157,577 108,119 315,917 Shareholders' equity $ 726,375 1,148,449 1,296,531 Net earnings (loss) per share $ ---------------------------------------------------------------------------- Basic 0.00 0.00 0.00 ---------------------------------------------------------------------------- Diluted 0.00 0.00 0.00 ---------------------------------------------------------------------------- (1) The figures reported above are based on the consolidated interim financial statements of the Company which have been prepared in accordance with international Financial Reporting. An explanation of how the transition to IFRS has affected the reported financial position, financial performance and cash flows of the Company is provided in notes 15 of the financial statements. (2) The figures reported above are based on the Company's opening IFRS statement of financial position at that date as required by the rules for presentation of the interim financial statements under IFRS for the first time. There were no adjustments to the financial position of the Company under IFRS as compared to under Canadian GAAP except for the Accumulated Comprehensive Loss which was charged to Retained Earnings. Under IFRS 1, the Company is allowed an option exemption to deem the cumulative translation differences for all foreign operations to be deemed $nil at the date of transition to IFRS, with future gains or losses on subsequent disposal of any foreign operations to exclude translation differences arising from periods prior to the date of transition to IFRS. The Accumulated Comprehensive Loss as at March 31, 2010 amounted to $165,732.
Financial Review for the Three- and Twelve-Month Period ended March 31, 2012
The table below outlines the changes in the major categories:
---------------------------------------------------------------------------- Three month Three month Twelve month Twelve month period period period period March 31, March 31, March 31, March 31, 2012 2011 2012 2011 $ $ $ $ ---------------------------------------------------------------------------- Selling, General & Admin 413,261 125,013 763,828 422,584 Amortization 26,148 25,509 103,077 105,906 Net Earnings (loss) per share Basic (0.01) (0.00) (0.01) 0.01 ---------------------------------------------------------------------------- Diluted (0.01) (0.00) (0.01) 0.01 ----------------------------------------------------------------------------
Revenue for the third quarter ending March 31, 2012 was $158,652, representing a reduction of 11.6% over revenue of $179,542 reported during the same three-month period the previous year. The reduction in revenue is due essentially to a 25.1% drop in SMS traffic during the quarter, compared to the corresponding quarter the previous year. As noted above, GINSMS believes that the lower trend in SMS traffic is partly caused by cellphone users migrating to MIM applications such as Research in Motion?s BBM, Apple?s Imessage or other cross-platform mobile messaging applications such as WhatsApp, IM+, Skype or Google Talk. Given that most smart phone users now have inclusive data plans they can forward their MIM at a fraction of the cost required to send an SMS. In addition, Hong Kong MNOs have been upgrading in the last two years their networks from 2G to 3G causing network down time and interruptions. Finally, aggressive relay fee promotions adopted by GINSMS? competitors added downward pressure on SMS traffic volume.
Management anticipated this downward trend in SMS traffic and took steps to encourage SMS usage through, in part, the implementation of a new pricing structure and the introduction of bundled fees. GINSMS? management also believed that the addition of VAS to its service offering would create new revenue streams and stimulate growth. To this end, GINSMS initially decided in 2010 to acquire an e-mail marketing platform called K-Matrix eM developed by K-Matrix Group, a Hong Kong based developer of analytics tools and systems for gathering digital intelligence. This platform however eventually proved to be too onerous to implement and was later abandoned.
Following GINSMS? decision not to proceed with the acquisition of the K-Matrix marketing platform, GINSMS initiated discussions with Inphosoft Group Pte Ltd (?Inphosoft?), a Singapore IT mobile middleware solutions developer for MNOs, financial institutions, media companies and enterprises which provides innovative mobile data services and solutions. These discussions led on January 12, 2012 to a definitive agreement between the two parties whereby GINSMS will, subject to regulatory and exchange approval, acquire 100% of the shares of Inphosoft for a consideration of $11.6 million.
With the addition of Inphosoft, the Company will be able to immediately introduce a series of VAS that will enhance GINSMS? product offering and transform it into an innovative revenue-powering mobile service and solution provider. GINSMS expects that the acquisition will boost its revenue in Hong Kong and create renewed interest on its IOSMS platform. The acquisition of Inphosoft will result in synergies and immediate cost savings as Inphosoft is expected to take over software maintenance work associated by the Company?s IOSMS platform.
---------------------------------------------------------------------------- Comparisons of Traffic (Inter-SMS) and Total Charges for Past Eight Quarters Q1/FY11 Q2/FY11 Q3/FY11 Q4/FY11 Traffic 34,401,824 34,007,952 32,678,329 31,431,278 % increase -1.0% -.1.0% -.96% -.96% ---------------------------------------------------------------------------- Q1/FY12 Q2/FY12 Q3/FY12 Q4/FY12 Traffic 33,701,750 34,371,080 28,232,252 25,013,562 % increase 7.2% 1.9% 17.9% -11.4% ----------------------------------------------------------------------------
Net income for the quarter dropped by more than 500% to $367,239. This is due to two main factors (i) a near five-fold increase in professional fees and (ii) a four-fold increase in consultancy fees. The length and complexity of the negotiations leading to the acquisition of Inphosoft and the requirements and conditions imposed by the securities regulation and the TSX Venture Exchange (?TSXV?) on GINSMS to complete the acquisition of Inphosoft have resulted in a substantial increase in the professional fees of GINSMS which jumped from $48,030 in the fourth quarter of fiscal 2011 to $258,439 during the fourth quarter of the current fiscal year. Also as a result of the contemplated acquisition and the need to obtain the services of an agent, namely Raymond James Ltd, and a business valuation firm, namely BDO Canada LLP, as required by the TSXV, consultancy fees also increased substantially, jumping from $21,233 in the fourth quarter of fiscal 2011 to $84,146 during the fourth quarter of fiscal 2012.
The increase in professional and consultancy fees accounted for 89.2% of the increase in the loss of $367,239 recorded in the fourth quarter this year. Also affecting results in the fourth quarter is a share-based compensation charge of $29,429. This larger-than-normal quarterly charge is the result of a resolution by the Board of Directors in January 2012 modifying the initial vesting period of the options granted to the directors of the company to make such options immediately vested and exercisable. Salaries and wages were up by 44.6%, the result principally of an increase in the workload due to the planned acquisition of Inphosoft, necessitating a temporary adjustment in compensation.
For the twelve month period ended March 31, 2012, revenue dropped by 12.6% to $686,934, compared to the corresponding period the previous year. The drop in revenue reflect the 4.3% decline in SMS traffic during the twelve-month period ended March 31, 2012, compared to the same period the previous year. As mentioned previously, GINSMS believes that this downward trend in SMS traffic is partly caused by cellphone users migrating to MIM applications.
Net losses for the twelve-month period this fiscal year were $493.704, an increase of 411% over the losses of $96,536 recorded during the corresponding quarter the previous year. Gross profit increased from 55.8% to 60.9% accompanied by a 22.7% drop in the cost of sales due in part to the cancellation of the purchase of the K-Matrix eM marketing platform which did not meet the Company?s expectations. The main reason for the increase in losses was the substantial increase in professional and consultancy fees incurred by the Company with respect to the acquisition of Inphosoft which increased by 164.2% to $460,182. Share-based compensation charge totalling $43,727 also negatively affected results more than usual as explained above.
EBITDA (earnings before interest, taxes, depreciation and amortization) is a useful indicator in measuring the Company?s ability to sustain long term viable operations while resources are used to grow the Company in a difficult environment. EBITDA for the three-month period ended March 31, 2012 amounted to a negative $325,987, compared to a negative EBITDA of $34,316 for the corresponding period the previous year. For the twelve-month period also ended on March 31, 2012, EBITDA was a negative $345,348, compared to a positive $15,847 the previous year. The incidence on net earnings resulting from the substantial increase in both professional and consultancy fees is the main reason for the drop in EBITDA for both periods.
On July 24, 2012, as agreed between the parties, the Share Purchase Agreement has been amended to reflect a reduction in the purchase price of $300,000 for an aggregate consideration of $11.3 million. In the previous Share Purchase Agreement, the cash portion of the transaction was set at $1.1 million, $700,000 payable upon the closing of the transaction and $400,000 within a period of 30 days, failing which this amount would be converted into a non-bearing promissory note. With this amendment, both parties also agreed to reduce the cash portion immediately payable upon the closing of the transaction to $400,000. The payment date of the remaining $400,000 has been extended until after the first anniversary of the transaction closing date. The rest of the Share Purchase Agreement which includes the issuance of non-interest bearing convertible debentures for an aggregate principal amount of $10.5 million does not change and remains binding upon the parties.
Forward-Looking Information
Certain information included in this press release may constitute forward-looking statements. Forward-looking statements generally can be identified by the use of terms such as ?may?, ?could?, ?will?, ?expect?, ?intend?, ?estimate?, ?anticipate?, ?believe? or ?continue? or the negative thereof or variations thereon or similar terminology. Forward-looking statements, by their very nature, involve significant risks, uncertainties and assumptions. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, without limitation, the risks factors discussed in the section entitled ?Risk Factors? in GINSMS?s long form prospectus dated November 12, 2009 which is available under GINSMS?s profile on SEDAR at www.sedar.com. Although the forward-looking statements contained herein are based upon what management believes to be reasonable assumptions, GINSMS cannot assure the reader that actual results will be consistent with these forward-looking statements. These assumptions are further described in GINSMS?s management discussion & analysis for the three and twelve-month periods ended March 31, 2011, which is also available on SEDAR at www.sedar.com. These forward looking statements are made as of the date hereof and GINSMS assumes no obligation to update or revise them to reflect new events or circumstances except as may be required by law. Accordingly, readers should not place undue reliance on the forward-looking statements.
About GINSMS
GINSMS owns 100% of Global Edge Technology, a technology company focused on providing inter-operator short messaging services to mobile telecom operators in Hong Kong. GINSMS?s stated business objective to become a leading short messaging service (?SMS?) and data hubbing service provider to mobile network operators in Hong Kong and China and to establish an international SMS and value added services business.
Contacts:
GINSMS Inc.
Raymond Richard
Corporate Secretary
450-466-2921
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It is just simple logic that a client that brings a business plenty of money deserves a thank you ever now and again. Some businesses will consider promotional deals and discounts; while these are very effective they can be much more expensive than a simple high end gift. Not to mention the ability to personally deliver a present will only strengthen the relationship between business and client. Many people feel that is important to have a business to depend on and so gifts are a way of showing that business is appreciated. Click here to get more details.
Telling a client that you are offering them a one or two percent discount will probably go over well, but it is something that will only be remembered when it comes to price compare. If a business has not taken the time to build a personal relationship with a client, then the client will just find the better deal and move onto a new company. By providing face to face meetings, lunches, and other luxury branded corporate gifts, a company will be able to make an impact on a client and be remembered as a business with real people, not just someone who drops off paper supplies.
Executive corporate gifts have to approach differently than the pile of pens that are given out at a trade show. A tradeshow pen is supposed to be eye catching, show off the company name and get it out there. A high end client is going to throw away a leather portfolio with a bright red and green company logo on the front; if the gift is a nice portfolio and just has a simple and small company name on it, then the client is more likely to keep it, use it, and mention who gave it to him when people inquire about the nice item.
Pens are actually not out of the question as a luxury branded corporate gifts. Plastic pens are not the answer here. A set of very nice pens with a match case that has your company name on it will go a long way. It is also possible to have an elegant and upscale laser engraving on the pen that mentions the company name. The point is to make it upscale and something the client is willing to display in his or her office. The gift is not about getting your company?s name out there, it is about showing the client that you appreciate his or her business.
It may seem smart to order in bulk and hand them out to everyone, but this is just a waste of money. If you are truly building a relationship with these people, then you can target the things a client is interested in. Make the gift feel unique. Make the gift feel special. Clients like it when they get to feel special and high end corporate gifts are a great way to do just that. One can also check never forget.co.nz for more ideas.
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MBA the most coveted master's degree today in the field of finance, management, IT, banking, HR or others has been the way to the high rungs of the corporate ladder. MBA has a wide range of scope and it is a fact that MBA are largely sought out by the financial sector of the corporate world and in top management positions of big, medium and small companies; the acquired analytical, numerical, team spirit and building and leadership skills guarantee it.
Doing an MBA in finance or banking is recognized as a great provider of jobs in banking and finance. Jobs of a chief financial officer that involve that analysis of investment of funds, monitoring annual budgets and making financial presentations can be best handled only by MBA's possessing strong decision taking skills, communication, presentation skills and leadership skills.
Similarly financial analysts in banks, corporations, financial institutions and government agencies could find MBA's to be an ideal choice because of their trained analytical and numeric skills.In addition MBA's are the most competent investment bankers as their analytical and numeric aptitude make them apt to research options of investment, prepare advanced financial reports and make strong presentations. MBA in finance is the masters that help becoming efficient portfolio managers to research investment options, determining asset allocation and present effective reports necessary in brokerage firms, banks and insurance companies.
Most of us have been seriously affected and depressed by the present economic scenario; pink slips, unemployment and underemployment dominates the scene today has prompted most MBA's to take to the banking sector that offers more promise and security of employment.
An MBA in finance or banking is most sought after in the banking and insurance sector. The reason being that banking requires people with strong analytical skills, communication skills, IT skills, teamwork and building skills and sound decision taking skills; MBA gives this all and more. This is also the reason that MBA's get those high coveted jobs in banks that others fail in.Excellent jobs like financial officers, loan officers, accountants, currency derives officers and mangers, relationship officers, investment banking officers and loan managers go to MBA's only; the competitive banking sector globally requires such competent, capable and efficient people only to prepare effective strategies to make banks high profit earning entities. Insurance and investment product selling by banks and insurance has turned into a competitive business; MBA's with marketing and finance is much sought after for customer understanding and the ability to put across financial information in the most logical way. So MBA, both in finance and banking are professionals sure set to find banking and finance jobs.
The future of MBA in finance and banking is excellent. Both of them are attributed to the finance of business organizations that is the prime concerned of the era.?Jobs in banks?with an MBA are surely set to not only provide great opportunities, but also lucrative income due to the demand for these services. Banking and finance do play a decisive and crucial role in any country; this calls for qualified MBA's to tackle the challenging economical, financial and banking sectors.
Source: http://bank.ezinemark.com/career-prospects-for-mba-in-banking-sector-7d36c664b2c1.html
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Contact: Sara Knoll
sknoll@burnesscommunications.com
301-652-1558
Burness Communications
Washington, DC An international expert task force is calling on health care providers to aggressively identify and provide care for the millions of people who have suffered their first osteoporosis-related fracture, in order to prevent subsequent fractures. In an extensive review of possible solutions to prevent these so-called "secondary fractures," the task force identified the most effective solution a system of patient care coordination called "fracture liaison services" that research has shown to significantly improve follow-up assessment and treatment after an initial fracture occurs, thereby reducing the likelihood of additional bone breaks. The most significant barrier to widespread use of the model is the lack of insurance coverage, according to the task force report which appears online in the Journal of Bone and Mineral Research.
The task force, convened by the American Society for Bone and Mineral Research, is urging health care providers to routinely provide osteoporosis testing and initiate treatment with medication as needed for all men and women over the age of 50 who have suffered a fracture. One major goal is a 20 percent reduction in hip fractures by 2020, when the United States and other countries around the world are expected to be hit with a wave of fractures because of an aging population.
"Fractures beget fractures and lead to untold suffering. Our task force looked at ways to break this vicious cycle," said Ethel S. Siris, M.D., co-chair of the task force. "We learned what works and what doesn't. The research is clear: fracture liaison services are saving suffering, and they are saving money."
Hip fractures are often the most serious type of bone break and the most expensive to treat. Each year nearly 300,000 older adults in the U.S. suffer hip fractures and more than 20 percent die within a year of their injury. Fracture liaison service programs such as the Kaiser Permanente "Healthy Bones" model of care have been shown to reduce hip fractures by almost 40 percent. If implemented nationally, this model of care could save nearly $3 billion per year, according a recent study authored by one task force member.
"The increasing incidence of osteoporosis-related fractures is a public health disaster one that already causes untold suffering and is slated to add $25 billion to the nation's health care costs by 2025," said Siris, an osteoporosis expert at the College of Physicians and Surgeons of Columbia University in New York. "We know that once a first fracture occurs the risk of additional fractures is high. Targeting these individuals for treatment to reduce the possibility of more fractures will save a lot of human suffering and tremendous expense to the health care budget."
Siris says emergency room physicians and orthopedic surgeons do an excellent job fixing that first fracture but there is currently a profound lack of connection between the "fracture fixer and the fracture preventer" who needs to provide medical treatment for osteoporosis. Fracture liaison service coordinators serve the critical role of bridging that gap, educating the patient, getting the patient seen for medical management and following up to assure that the patient is taking the needed medications to prevent future fractures.
In the most comprehensive review of the research on secondary fracture prevention conducted to date, the task force report outlines the evidence supporting widespread implementation of and insurance coverage for fracture liaison services after a patient over age 50 experiences a bone fracture. Currently however, insurers rarely pay for coordination of care related to the services of a fracture liaison service coordinator who arranges for follow up care.
These secondary fractures, often caused by undiagnosed or untreated osteoporosis, are a growing public health crisis of an aging population. The service concept is not only effective, according to the task force, but reduces health costs. Fracture liaison service coordinators are relatively inexpensive and studies show that the cost of paying for such care is a sound investment one that effectively prevents fractures and saves money, the task force said.
"This report is a health delivery breakthrough even if it is not a clinical breakthrough, and it will definitely benefit patients if implemented," said Keith Hruska, M.D., ASBMR president. "With the increasing attention paid these days on cutting costs in health systems, this research is a great example of comparative effectiveness research. We have a road map for what treatment systems are the most effective for osteoporosis patients and most cost effective as well."
Although several initiatives in the United States and internationally are pushing for coordinating the groups that treat and manage fractures, the task force suggests that a cooperative approach by these groups could magnify the effort to get solutions in place. In order to speed up progress on this front, the task force also recommends a central clearing house, one that could identify best practices and help providers and others overcome the obstacles to the prevention of fractures.
###
About ASBMR
The American Society for Bone and Mineral Research (ASBMR) is the leading professional, scientific and medical society established to bring together clinical and experimental scientists involved in the study of bone and mineral metabolism. ASBMR encourages and promotes the study of this expanding field through annual scientific meetings, an official journal (Journal of Bone and Mineral Research), the Primer on Metabolic Bone Diseases and Disorders of Mineral Metabolism, advocacy and interaction with government agencies and related societies. To learn more about upcoming meetings and publications, please visit www.asbmr.org.
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AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.
Contact: Sara Knoll
sknoll@burnesscommunications.com
301-652-1558
Burness Communications
Washington, DC An international expert task force is calling on health care providers to aggressively identify and provide care for the millions of people who have suffered their first osteoporosis-related fracture, in order to prevent subsequent fractures. In an extensive review of possible solutions to prevent these so-called "secondary fractures," the task force identified the most effective solution a system of patient care coordination called "fracture liaison services" that research has shown to significantly improve follow-up assessment and treatment after an initial fracture occurs, thereby reducing the likelihood of additional bone breaks. The most significant barrier to widespread use of the model is the lack of insurance coverage, according to the task force report which appears online in the Journal of Bone and Mineral Research.
The task force, convened by the American Society for Bone and Mineral Research, is urging health care providers to routinely provide osteoporosis testing and initiate treatment with medication as needed for all men and women over the age of 50 who have suffered a fracture. One major goal is a 20 percent reduction in hip fractures by 2020, when the United States and other countries around the world are expected to be hit with a wave of fractures because of an aging population.
"Fractures beget fractures and lead to untold suffering. Our task force looked at ways to break this vicious cycle," said Ethel S. Siris, M.D., co-chair of the task force. "We learned what works and what doesn't. The research is clear: fracture liaison services are saving suffering, and they are saving money."
Hip fractures are often the most serious type of bone break and the most expensive to treat. Each year nearly 300,000 older adults in the U.S. suffer hip fractures and more than 20 percent die within a year of their injury. Fracture liaison service programs such as the Kaiser Permanente "Healthy Bones" model of care have been shown to reduce hip fractures by almost 40 percent. If implemented nationally, this model of care could save nearly $3 billion per year, according a recent study authored by one task force member.
"The increasing incidence of osteoporosis-related fractures is a public health disaster one that already causes untold suffering and is slated to add $25 billion to the nation's health care costs by 2025," said Siris, an osteoporosis expert at the College of Physicians and Surgeons of Columbia University in New York. "We know that once a first fracture occurs the risk of additional fractures is high. Targeting these individuals for treatment to reduce the possibility of more fractures will save a lot of human suffering and tremendous expense to the health care budget."
Siris says emergency room physicians and orthopedic surgeons do an excellent job fixing that first fracture but there is currently a profound lack of connection between the "fracture fixer and the fracture preventer" who needs to provide medical treatment for osteoporosis. Fracture liaison service coordinators serve the critical role of bridging that gap, educating the patient, getting the patient seen for medical management and following up to assure that the patient is taking the needed medications to prevent future fractures.
In the most comprehensive review of the research on secondary fracture prevention conducted to date, the task force report outlines the evidence supporting widespread implementation of and insurance coverage for fracture liaison services after a patient over age 50 experiences a bone fracture. Currently however, insurers rarely pay for coordination of care related to the services of a fracture liaison service coordinator who arranges for follow up care.
These secondary fractures, often caused by undiagnosed or untreated osteoporosis, are a growing public health crisis of an aging population. The service concept is not only effective, according to the task force, but reduces health costs. Fracture liaison service coordinators are relatively inexpensive and studies show that the cost of paying for such care is a sound investment one that effectively prevents fractures and saves money, the task force said.
"This report is a health delivery breakthrough even if it is not a clinical breakthrough, and it will definitely benefit patients if implemented," said Keith Hruska, M.D., ASBMR president. "With the increasing attention paid these days on cutting costs in health systems, this research is a great example of comparative effectiveness research. We have a road map for what treatment systems are the most effective for osteoporosis patients and most cost effective as well."
Although several initiatives in the United States and internationally are pushing for coordinating the groups that treat and manage fractures, the task force suggests that a cooperative approach by these groups could magnify the effort to get solutions in place. In order to speed up progress on this front, the task force also recommends a central clearing house, one that could identify best practices and help providers and others overcome the obstacles to the prevention of fractures.
###
About ASBMR
The American Society for Bone and Mineral Research (ASBMR) is the leading professional, scientific and medical society established to bring together clinical and experimental scientists involved in the study of bone and mineral metabolism. ASBMR encourages and promotes the study of this expanding field through annual scientific meetings, an official journal (Journal of Bone and Mineral Research), the Primer on Metabolic Bone Diseases and Disorders of Mineral Metabolism, advocacy and interaction with government agencies and related societies. To learn more about upcoming meetings and publications, please visit www.asbmr.org.
?
AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.
Source: http://www.eurekalert.org/pub_releases/2012-07/bc-atf072412.php
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The latest update sent to Pebble's Kickstarter backers (and a few Engadget editors) is a double-edged one. After announcing that the smartwatch will be available in a new orange edition, the makers admitted that the crowd-funded wrist candy won't be shipping to its backers on schedule in September. No new date has been disclosed just yet, but the delay was attributed to the project having to abandon early plans of making just 1,000 smartwatches. The level of production has now ballooned, meaning the factories involved are aiming to hit 15,000 Pebbles per week "as soon as possible."
Filed under: Wearables
Pebble smartwatch will miss September shipping date, blames darn popularity originally appeared on Engadget on Wed, 25 Jul 2012 09:03:00 EDT. Please see our terms for use of feeds.
Permalink | | Email this | CommentsSource: http://www.engadget.com/2012/07/25/pebble-smartwatch-delay/
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A California woman is suing Kirstie Alley, claiming it wasn?t?a weight-loss program?but the actress??vigorous moves on TV?s ?Dancing with the Stars? last year that led her to shed 100 pounds.
Alley,? formerly on??Cheers? and?her own cable-TV?show, ?Fat Actress,??helped to develop?Organic Liaison, and?she has attributed?her dramatic weight loss to the program?s?natural supplements,?an online diet and dancing.
The suit says:
?Ms. Alley?s participation in the television program DWTS tracked her weight loss as a result of hours and hours of dancing every day for several months. Further, there are no well-controlled, well-conducted human studies on the supplements in the Organic Liaison weight loss program ??
The actress??weight loss ? once described as down to ?size 6 and still counting? ? was the ?result of an above average exercise regimen and extremely low calorie diet,? says the lawsuit, filed in Los Angeles County Superior Court.
Marina Abramyan, the plaintiff, is seeking class-action status for the suit. It does not?specify a damage amount.
Alley, 61, promotes?her weight-loss elixir on her website, saying:??I?ve got the energy of a 20 year old and lost 100 pounds!?
She tipped the scales at 230?pounds in 2009.
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See?more photos of how Kirstie Alley has changed here .
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Source: http://inyourface.ocregister.com/2012/07/25/kirstie-alley-sued-over-weight-loss-program/89682/
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