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9 travel tech startups that can accelerate post-COVID-19 recovery for airlines and airports

The following article was published by Future Travel Experience
Here we highlight the nine forward-looking startups and scaleups that recently showcased their innovative solutions at FTE APEX Virtual Expo 2021. In partnership with the FTE Innovation &

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The following article was published by Future Travel Experience

Here we highlight the nine forward-looking startups and scaleups that recently showcased their innovative solutions at FTE APEX Virtual Expo 2021.

In partnership with the FTE Innovation & Startup Hub, the recent FTE APEX Virtual Expo 2021 provided an opportunity for some of the most forward-thinking startups and scaleups in the travel tech space to showcase their innovative solutions. From AI-based baggage identification and self-service tech to data management and sustainability solutions – see how these nine startups can help the industry bounce back from the COVID-19 pandemic, create additional revenue streams and enhance the end-to-end passenger experience.

BagsID Network

BagsID Network is a baggage identification solution that uses artificial intelligence (AI), deep learning, and computer vision to build smarter baggage solutions for the travel industry. It can detect individual bags by their unique physical characteristics (including scratches, dents and other features) through the technology behind biometrics and photo recognition. The solution creates less waste, is better for the environment, is more accurate (99% read rate), and can create additional revenue streams through more efficient loading and forecasting. The solution can detect individual bags by their unique physical characteristics (including scratches, dents and other features), using biometrics and photo recognition, and is a promising replacement for barcode and RFID. “The idea of BagsID started pre-pandemic and we are very pleased that, despite these challenges, the airport and airline industry is still eager to make change and collaborate,” says Marlon van der Meer, founder and CEO of BagsID Network. “Legacy baggage identification solutions are in their final stage of their lifecycle and RFID is not taking off for obvious reasons. It is simply too expensive and applications are too limited. Data extracted out of images is the key for new possibilities. We are here to be that solution, and we are here to stay. Baggage has an enormous impact on passenger experience, revenue, and on the environment, yet it is often a deliberately overlooked part of the air travel industry. BagsID will change that.”

Plan3

Plan3 is a passenger-focused disruption management system that puts unrivalled ease of recovery in the hands of disruptions customer care operators. Developed by a team of aviation industry experts, Plan3 solves every aspect of passenger disruption events – flight rebooking, hotel accommodation, ground transportation, vouchers and refunds. With Plan3, airlines easily create and publish relevant options, and passengers can self-serve their way to a seamless onward journey. With zero system integration required to get started, and no set up or flat monthly fees, the solution is designed to provide a best-in-class customer experience while helping recover margins. The startup recently announced a new partnership with Icelandic carrier PLAY, which will utilise Plan3’s system to manage disruptions, delivering an enhanced passenger experience to customers in the eye of disruption events, such as volcanic eruptions, which can be common in Iceland.

Origen Air

Origen Air is a smart, living, air purification company that filters microscopic pollutants, bacteria, and viruses for enterprises operating within public spaces. The company has introduced the Sentinel, a plant-based, zero waste, autonomous air purifier, which includes Origen Air’s genetically enhanced Golden Pothos Ivy, virus-killing UV-C light technology and an ultra-high-definition digital display. Through subscription services and digital ad revenues, the company supplies and maintains air purification hardware, software, and air quality data.

UnDelay

US-based UnDelay has developed a proprietary technology that converts hundreds of radio conversations into text simultaneously. With this data, airlines, airports and travel companies can find out if a flight will be delayed before that delay is reported. The startup has received an investment from Georgia Tech and the Chris Klauss’ Fund to enhance aviation technology to reduce flight delays and improve overall air and ground traffic performance at airports. Referring to his participation at FTE APEX Virtual Expo 2021 on 25-26 May, CEO Safir Monroe, commented: “Attending the Future Travel Experience conference was a good platform to meet industry airline and airport executives, such as SunExpress, with whom we are progressing for a pilot project. UnDelay’s AI driven,  machine learning technology, is the fastest airline communication data aggregator that determines the cause of the aircraft delay. Unlike our competitors, it can determine in real time events such as bird strikes, plane pushback approval, taxi departure, engine problems or if there is an upcoming delay discussed before an official report is released. This enables a robust action response by respective ground operative departments to fix the cause of the delay faster.”

Elevation Software

Elevation Software, a high-tech Denver-based airport and airline-focused software company, is a fully owned and operated subsidiary of Blndspt Consulting. Together the two companies aim to bring cutting edge solutions to the aviation industry. More recently, the companies which are members of the International Air Transport Association (IATA), have led the effort to architect and launch the new airport Common Use Self Service (CUSS) specification which is expected to advance the use of self-service at airports. “Through partnerships with thriving US carriers like Frontier Airlines, Elevation Software is now a pivotal mainstay in some of the largest airports in the country,” explains Steve Tate, Chief Technology Officer at Blndspt Consulting & Elevation Software. “The Elevation Suite enables airlines to process passenger loads well beyond that during pre-COVID-19 times. And with cutting-edge products now hitting airports, new and interesting mobile passenger experiences can finally emerge. Processing significantly more passengers through self-service mediums continues to allow expedited and safer journeys through crowded check-in lobbies.”

Global Travel Matters

Aviation consulting company Global Travel Matters (GTM) is renowned for its management expertise and hands-on collaboration across a number of operational disciplines, including ground handling activities, cost reduction strategies, resource optimisation, performance development and digital and self-service deployment projects. The UK-based startup focuses on helping its global portfolio of clients overcome a diverse set of challenges through problem-solving advice and specialised technical examination to improve their strategic positioning and financial efficiency. Leading the company is Owner & Founder Steve Tarbuck, who is a widely acknowledged aviation professional, having held management positions with low-cost carriers including Go Fly Limited, Ryanair and Sterling Airlines, as well as full-service carriers Qatar Airways and Brussels Airlines. He explains: “Our objective is to help companies become more financially and operationally efficient through design thinking, creativity, working smarter and doing more with less.” In the last five years since its inception GTM has worked on a number of extended assignments with Dublin-based PlaneConsult for Mexican ultra-low-cost carrier VivaAerobus, as well as Saudia and Irish regional start-up carrier Emerald Airlines who will be operating the Aer Lingus regional franchise from the end of 2022. Additional customers include WOW air, Flight Register, Ink Aviation, and many more. Moreover, as an IATA accredited instructor, Tarbuck delivers training and facilitates workshops focusing on re-imagining the passenger experience through service design thinking.

Fetcherr

Israeli startup Fetcherr has developed a ground-breaking artificial intelligence technology that tackles one of the biggest challenges for airlines – pricing and revenue management. Its AI-based demand prediction and continuous pricing system enables organisations to migrate to advanced continuous AI-based decision making. Fetcherr’s technology is highly innovative in the field of artificial intelligence and is based on models that are currently utilised in sophisticated markets such as algorithmic trading and financial markets. CEO and Founder Roy Cohen explains: “Fetcherr’s live product is probably the only real-time system today in the aviation market that proved to accurately predict demand and enable better decision-making abilities such as continuous pricing, fare filing and soon fare management.” The company has recently undergone a successful validation in the aviation market with a leading Asian carrier, in which the system demonstrated accurate six-month demand forecasting capabilities even during the COVID-19 pandemic. Following the validation, Fetcherr says that it currently has partnerships with 18 airlines in the pipeline, and it expects to make its product available for both legacy and low-cost airlines by the end of 2021.

ICARUS

Co-funded by the European Commission, the ICARUS project aims to deliver a novel framework and architecture that leverages big data to bring innovation and collaboration across currently diversified and fragmented industry players. Among the partners taking part in ICARUS is Athens International Airport, which has undertaken trials of various descriptive and predictive analytics to address core airport capacity challenges, such as flight delay prediction, capacity modelling, airport traffic forecasting and slot allocation. According to the airport, data analytics has allowed it to discover hidden patterns and implicit relations between operations and scheduling. Participating in the project is also IT company Cellock, which has utilised the platform to examine real-life scenarios, addressing two main airline pain points – predicting on-board sales and optimising tray loading. The analysis was conducted by using historical data from buy on board (BoB) retail and food & beverage (F&B) inflight sales, the number of passengers, airplane loading for F&B, flights discrepancies, as well as other related external data, such as weather data and flight status data. Haris Zacharatos, CEO of Cellock, explained that ICARUS has helped Cellock and especially its BoB product to provide unique new features to its customers. The second scenario that was put to the test was to predict profitable discounts and offers to increase inflight sales. For this purpose, Cellock trained a machine learning algorithm to predict the number of inflight product sales, aiming to optimise tray loadings, minimise in-cabin waste, and therefore reduce CO2 emission rates. The passenger experience was indirectly enhanced by providing product sales and bundle offers on F&B and duty free products already available on board, that were related to the travellers’ overall journey or destination.

Aeroficial Intelligence

Aeroficial Intelligence is a software company providing optimisation solutions to airlines, airports, civil aviation authorities and air navigation service providers. The startup’s Performance Cockpit data analytics solution has been designed to increase runway capacity and throughput, better utilise airport infrastructure, save emissions and costs in operations. The solution has been deployed by the Qatar Civil Aviation Authority to enhance capacity and runway throughput at Hamad International Airport and help increase efficiency. The company has also recently introduced its latest product, called Queue Analyser, which aims to streamline departure processes and reduce emissions on the airside.

Remember, there is still plenty of time to explore the Virtual Expo platform, as it remains open as a resource until 23:59 BST on 25th June 2021. The exhibition hall remains open and is free to access for all. Access the virtual platform here.

Interested in joining the FTE Innovation & Startup Hub?

The FTE Innovation & Startup Hub brings together the most forward-thinking corporates, startups and scaleups in the air transport industry. It provides a unique platform, through our physical and virtual events, for them to share expertise, collaborate and deliver positive change, especially during these challenging times. Corporate Partners include the likes of Pittsburgh Airport, CVG Airport, Southwest Airlines, Marubeni Corporation and many more.

Interested in joining as a Corporate Partner or a Startup Member? Contact us to learn more >>

Article originally published here:
9 travel tech startups that can accelerate post-COVID-19 recovery for airlines and airports

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Economics

How Inflation Impacts Penny Stocks and the Stock Market 

Use these tips for trading penny stocks with high inflation
The post How Inflation Impacts Penny Stocks and the Stock Market  appeared first on Penny…

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3 Ways That Inflation Impacts Investing in Penny Stocks

When it comes to trading penny stocks, investors need to know everything that is going on in the stock market. Inflation is a huge factor when it comes to penny stocks, especially in the past few months. When inflation rates are high, stocks become more expensive, and this can have a negative impact on the stock market. 

In order to make money with penny stocks, investors need to be aware of how inflation impacts the stock market so they can make the necessary adjustments to their investment. Now, while inflation is always a factor, over the last year or so, this has been dramatized due to the effects of the pandemic. And more recently, we have begun to see some positivity regarding inflation. 

[Read More] Best Penny Stocks To Buy? 4 EV Stocks To Watch Thanks To TSLA Stock

So, while we are in no way out of the woods yet, we have seen that inflation is the main contributor to market movement in the past couple of months. As a result, stocks have become more expensive, but we are seeing some relief from the inflation rates.

This is good news for investors, and it is something to keep an eye on in the coming months as we continue to see the effects of the pandemic play out. Considering all of this, let’s take a closer look at how inflation could continue to impact penny stocks moving forward.

3 Ways That Inflation Could Impact Penny Stocks

  1. Higher Volatility Than Usual
  2. Cheaper Penny Stocks to Buy
  3. Long Term Value

Higher Volatility Than Usual

We all know that volatility with penny stocks and blue chips has been higher than usual in the past few months. And, when we look at the reasons behind it, inflation is one of the key drivers.

What is inflation? It’s simply a sustained increase in the price level of goods and services in an economy. And while a little bit of inflation is actually good for stocks (it boosts company profits), too much inflation can lead to problems.

Why does inflation cause more volatility in stocks? Well, when inflation is higher than expected, it can lead to concerns about future economic growth. This can cause investors to sell stocks and move into investments that are perceived as being safer. This selling can lead to increased volatility in the stock market. In addition, we have movement due to panic selling and buying, which can exacerbate the problem.

[Read More] Best Penny Stocks to Buy As Inflation Drops, 3 to Watch 

So what can investors do to protect themselves from inflation-induced volatility? First, it’s important to keep a close eye on inflation data. If inflation is rising faster than expected, it may be time to take a closer look at your portfolio and make sure that you’re not too exposed to stocks.

Second, don’t forget that stocks are not the only investment option out there. There are plenty of other options, such as bonds and real estate, that can provide diversification and help protect your portfolio from inflation-induced volatility.

Cheaper Penny Stocks to Buy

When it comes to finding penny stocks to buy, inflation can lead to losses in the stock market. This means that many penny stocks can be bought up for less money, but they may not be worth as much when it comes to future earnings. Inflation can also make stocks harder to sell, since their prices are lower than what they were purchased for.

This can be frustrating for investors who are trying to make a profit in the stock market. Now, in the short term, these low values mean that stocks may be a good investment. However, over the long term, it is critical to see what happens with this value and whether or not it can be maintained. So, while finding cheap penny stocks to buy is more than doable, always remember the length of your investment goal.

Long Term Value

With many penny stocks trading at low prices, inflation can cause the stocks to go up in value over the long term. Inflation is often thought of as something that devalues money, and in a sense, it does. But inflation can also have a positive effect on stocks and other investments.

penny stocks value

For example, let’s say you buy a stock for $1 per share. Inflation rises, and the next year, the same stock is selling for $2 per share. The purchasing power of your dollar has decreased, but the value of your stocks has doubled. In this way, inflation can create long-term value in the stock market.

Of course, inflation is not the only factor that affects stocks. The overall performance of the stock market is also influenced by economic conditions, company earnings, and many other factors. However, over the long term, inflation can have a positive effect on penny stocks if you understand where that value is.

3 Penny Stocks to Watch This Coming Week

  1. Aquestive Therapeutics Inc. (NASDAQ: AQST)
  2. Edgio Inc. (NASDAQ: EGIO)
  3. Comstock Inc. (NYSE: LODE)

Which Penny Stocks Are You Watching Right Now?

If you’re looking for penny stocks to buy, there are hundreds to choose from. But how do you know which penny stocks are worth your investment? There are a few things to look for when considering penny stocks. The first thing to consider is what your trading strategy is and how to take advantage of penny stocks. 

[Read More] 5 Top Penny Stocks To Watch Today With High Short Interest

Are you looking for stocks that are undervalued and have the potential to make a quick profit? Or are you looking to hold onto stocks for the long haul? While it is not easy to trade penny stocks, it can be much simpler with the right information on hand. Considering that, which penny stocks are you watching right now?

If you enjoyed this article and you’re interested in learning how to trade so you can have the best chance to profit consistently then you need to checkout this YouTube channel. CLICK HERE RIGHT NOW!!

The post How Inflation Impacts Penny Stocks and the Stock Market  appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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Government

US: The New Real Hoaxes?

US: The New Real Hoaxes?

Authored by Pete Hoekstra via The Gatestone Institute,

The investigative reporting by these two organizations…

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US: The New Real Hoaxes?

Authored by Pete Hoekstra via The Gatestone Institute,

  • The investigative reporting by these two organizations [the New York Times and the Washington Post] was so thorough and groundbreaking it turned up things that were not even there.

  • For having refused to rescind these awards, the Pulitzer Committee should receive its own Pulitzer -- for fraud.

  • The real hoax appears to have been the CCP's ostensible good behavior and the now-hugely-discredited initial reporting on the virus.

  • Or how about the Hunter Biden laptop cover-up? Once again, On October 14, 2020, just weeks before the 2020 presidential election, a critical story of possible extensive influence-peddling with senior intelligence officers in the CCP, Russia and Ukraine by the son of a presidential candidate. The contents of the laptop raised questions that the candidate at the time, Vice President Joe Biden, could be compromised. The entire subject was decisively pushed aside, along with the potential threat to national security that such an eventuality might entail.

  • Also not allowed during the January 6th hearings have been any witnesses for the defense, any cross-examination, or any exculpatory evidence.

  • One wonders, for instance if the January 6th Committee will consider the July 29, 2022 tweet by General Keith Kellogg, that on January 3, 2021, Trump, in front of witnesses, did indeed ask for "troops needed" for January 6. Kellogg wrote: "I was in the room."

  • The January 6th Committee has also not released any information about government informants or FBI undercover law enforcement officers who might have been in the crowd, and Pelosi is also said to be blocking access to a massive quantity of documents. Finally, according to attorney Mark Levin, under the Constitution's separation of powers, Congress, has no legitimacy even to hold a criminal investigation: that power belongs to the Judiciary. The entire proceeding is illegitimate and a usurpation of power.

  • Is it surprising that after the Pulitzer decision, the Russia collusion hoax, the Whitmer kidnapping hoax, the Covid origin hoax, the Hunter Biden laptop hoax, and now the January 6th Committee hoax, that many Americans believe there is something wrong with the system?

Recently former US President Donald Trump challenged the award of Pulitzer Prizes to the New York Times and the Washington Post for their investigative reporting on alleged collusion between the 2016 Trump campaign and Russia.

The investigative reporting by these two organizations was so thorough and groundbreaking it turned up things that were not even there.

You have to hand it to them for this so-called "great reporting": the Pulitzer Committee sure did.

We now know, of course, the grand conspiracy pushed by these papers is nothing more than thoroughly debunked disinformation. For having refused to rescind these awards, the Pulitzer Committee should receive its own Pulitzer -- for fraud.

The intractability of the Pulitzer Committee is only the latest example of why so many Americans have been losing trust in their institutions, both public and private. Rather than admitting that these awards were a mistake, and that much of the reporting was not investigative reporting, but merely a recitation of fabrications put forward by political hacks for campaign purposes, the Pulitzer Committee announced that it will stand by its initial decision, facts be dammed.

The Russia hoax is emblematic of the model built by the anti-Trump, anti-America First, anti-populist movement that the American people have experienced for the last six years. It embodies many of the characteristics that have frustrated Americans. It is a combination of influential forces -- media, social media, political players, and government -- that put forward information detrimental to one -- oddly always the same -- political viewpoint. In this instance, populists -- believers in the rights, wisdom or virtues of the common people, according to Merriam Webster -- who might embrace the concept of personal freedom espoused by the Constitution, a free market economy, economic growth, energy independence, school choice, equal application of the law and decentralized governance.

Much of the material used to foster the Russia hoax originated from the discredited "Steele Dossier," pedaled by former British spy Christopher Steele, funded by Clinton-linked opposition research firm FusionGPS, and pushed by Clinton campaign lawyer Michael Sussman. This discredited information was shared widely -- and often, it seems, with prior knowledge of its falseness -- through the mainstream media and social media when it was leaked to the press early in 2017 just before Donald Trump was sworn in as president. The material contributed to the launching of the Mueller "Russiagate" investigation, which cast a shadow over the first two years of the Trump administration. Government officials were involved as CIA Director John BrennanFBI Director James Comey and DNI James Clapper all lent their credibility to the supposed authenticity or seriousness of the Russian materials. All of this did tremendous damage to the effectiveness of the Trump administration, as it sought to govern, by putting it under a cloud of suspicion and illegitimacy from the outset.

This, however, was not the only example. Consider the disrupted kidnapping plot against Michigan Governor Gretchen Whitmer in her key swing state for presidential elections. "The FBI got walloped [in April]", according to the New York Post, " when a Michigan jury concluded that the bureau had entrapped two men accused of plotting to kidnap Gov. Gretchen Whitmer. Those men and others were arrested a few weeks before the 2020 election in a high-profile, FBI-fabricated case...."

The media, however, for the most part portrayed the kidnapping plot as the work of domestic terrorists, with the implied inference being they were right-wing Trump supporters. Whitmer went so far as to accuse Trump of being complicit in the plan, even though it emerged that these alleged plotters had also supposedly wanted to hang Trump. The FBI, it was later shown, had been heavily involved in the plot through informants and individuals it had placed in the group. By the time the case came to trial after the election, Biden had won Michigan's electoral votes and the damage had been done.

Consider, also, the COVID pandemic. The "facts" at the time were supposedly that it came from "nature" and that the Chinese Communist Party (CCP) government had supposedly known nothing about its human-to-human transmissibility, even though it had "made whistleblowers disappear and refused to hand over virus samples so the West could make a vaccine."

The CCP, early on, was portrayed as a constructive player in controlling the spread of the virus, even as it was recalling and hoarding all of its Personal Protective Equipment (PPE). This fiction was reinforced by Dr. Anthony Fauci, the World Health Organization, and other prominent participants – apart from Taiwan, which futilely tried to warn the WHO of the coronavirus's fierce human-to-human transmissibility, only to be dismissed.

The mainstream media and social media also quickly began parroting the "official" story line. Social media companies suspended the accounts of whoever might have had a different opinion and some were even canceled.

For the 10 months leading up to the November 2020 election, the narrative was set: COVID-19 was a naturally occurring virus and the CCP was in the clear. Imagine how different the 2020 presidential election might have been if the debate was how the world would have held the CCP accountable for the leak and coverup of COVID from the Wuhan Institute of Virology. Now in 2022, a lab-leak is considered the most "likely cause" of the coronavirus, but again the political damage, and a gigantic amount of non-political damage, has already been done. The real hoax appears to have been the CCP's ostensible good behavior and the now-hugely-discredited initial reporting on the virus.

Or how about the Hunter Biden laptop cover-up? Once again, On October 14, 2020, just weeks before the 2020 presidential election, a critical story of possible extensive influence-peddling with senior intelligence officers in the CCP, Russia and Ukraine by the son of a presidential candidate. The contents of the laptop raised questions that the candidate at the time, Vice President Joe Biden, could be compromised. The entire subject was decisively pushed aside, along with the potential threat to national security that such an eventuality might entail.

Discussion of Hunter Biden's laptop with its reportedly incriminating information about the Biden family business dealings with the CCPRussia, and other actors in what appeared to be a model of pay-for-play, was instantly shut down. Fifty-one former government intelligence officials , who we now know were perfectly well aware that the laptop was real – the FBI had been holding it for months -- wrote a letter describing the contents of the laptop as having "all the classic earmarks of a Russian information operation" designed to damage Joe Biden.

NPR famously downplayed the story, and once again, if you used social media to post information originally reported by the New York Post, you were canceled.

A year and a half after the election, the facts were finally "officially" accepted: Well, what do you know, it really was Hunter Biden's laptop and the material on it "is real!"

Once again, the leadership at the FBI, the media, social media, and former government officials had developed a hoax to damage their political opposition and the people who supported it.

Finally, there is the January 6th Committee, a one-sided investigative body, sometimes called "the third (attempted) impeachment." The Committee appears to have been put in place to stop Trump from running for office again. Before the proceeding even began, its outcome was predetermined: Trump was to be found guilty of -- something. As Stalin secret police chief, Lavrentiy Beria used to say during Soviet Russia's reign of terror, "Find me the man and I'll find you the crime." So the US show trial commenced.

Even its start was ominous. House Speaker Nancy Pelosi, in an unprecedented move, vetoed the committee appointments of Representatives Jim Banks and Jim Jordan. This rebuff led House Minority Leader Kevin McCarthy to pull his five Republican candidates from participating. Pelosi, it appeared, wanted only anti-Trump folks to serve on the Committee. Also not allowed during the January 6 hearings have been any witnesses for the defense, any cross-examination, or any exculpatory evidence.

One wonders, for instance if the January 6th Committee will consider the July 29, 2022 tweet by General Keith Kellogg, that on January 3, 2021, Trump, in front of witnesses, did indeed ask for "troops needed" for January 6. Kellogg wrote:, "I was in the room:"

"Great OpEd. Reinforces my earlier comment on 6 Jan Cmte. Has quote from DOD IG Report regarding 3 Jan 2021 meeting with Actg Def Secy Miller/CJCS Milley in the Oval on the 6 Jan NG request by POTUS on troops needed. I was in the room."

While purportedly examining in detail every decision and action by Trump and his team, the Committee refuses to question Pelosi, among the leading figures responsible for the security of the Capitol. She reportedly "turned down" requests for greater security. According to the Federalist:

"Four days after the riot, former Capitol Police Chief Steven Sund, who resigned his post in the aftermath, told The Washington Post his request for pre-emptive reinforcement from the National Guard ahead of Jan. 6 was turned down. Sund said House Sergeant at Arms Paul Irving, overseen by Pelosi, thought the guard's deployment was bad "optics" two days before the raid.... Despite the Associated Press and Washington Post's best efforts to run interference for the speaker, suddenly exonerating her of duties overseeing Capitol security, the riot on Jan. 6 was a security failure Pelosi owns. If the "speaker trusts security professionals to make security decisions," then why, as the police breach unfolded, did Irving feel compelled to seek the speaker's approval to dispatch the National Guard, as The New York Times reported? How could Pelosi also order the extended shut down of the Capitol to visitors, citing coronavirus, and install metal detectors in the House chamber?"

The Committee has not evaluated the performance of the Capitol Police or other law enforcement agencies, but it has targeted the "private records of individuals with no connection to the violence."

The January 6th Committee has also not released any information about government informants or FBI undercover law enforcement officers who might have been in the crowd, and Pelosi is also said to be blocking access to a massive quantity of documents. Finally, according to attorney Mark Levin, under the Constitution's separation of powers, Congress, has no legitimacy even to hold a criminal investigation: that power belongs to the Judiciary. The entire proceeding is illegitimate and a usurpation of power. The Committee's narrative is clear: Donald Trump is responsible for the events of January 6, now let us manufacture the evidence to prove it.

This article has not even delved into the 28 states that "changed voting rules to boost mail-in ballots." Some States apparently omitted both state law and the need for states' legislatures to be the sole arbiters of election law, as required by the Constitution; the $400 million spent by Facebook founder Mark Zuckerberg; the 2000-plus "mules" and the algorithms that sent conservative emails to spam while emails with liberal content went through to the addressees.

Is it any wonder that many Americans have lost faith in their institutions and leaders? Is it surprising that after the Pulitzer decision, the Russia collusion hoax, the Whitmer kidnapping hoax, the Covid origin hoax, the Hunter Biden laptop hoax, and now the January 6th Committee hoax, that many Americans believe there is something wrong with the system? The media, social media, government officials and others have been complicit in undermining our rule of law and possibly even subverting an election.

*  *  *

Peter Hoekstra was US Ambassador to the Netherlands during the Trump administration. He served 18 years in the U.S. House of Representatives representing the second district of Michigan and served as Chairman and Ranking member of the House Intelligence Committee. He is currently Chairman of the Center for Security Policy Board of Advisors and a Distinguished Senior Fellow at Gatestone Institute.

Tyler Durden Fri, 08/12/2022 - 23:55

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Economics

LFST INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against LifeStance Health Group, Inc. and Announces Opportunity for Investors with Substantial Losses to Lead Case

LFST INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against LifeStance Health Group, Inc. and Announces Opportunity for Investors with Substantial Losses to Lead Case
PR Newswire
SAN DIEGO, Aug. 12, 2022

SAN DIEGO,…

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LFST INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against LifeStance Health Group, Inc. and Announces Opportunity for Investors with Substantial Losses to Lead Case

PR Newswire

SAN DIEGO, Aug. 12, 2022 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that it has filed a class action lawsuit seeking to represent purchasers of LifeStance Health Group, Inc. (NASDAQ: LFST) common stock issued in connection with LifeStance Health's June 10, 2021 initial public stock offering (the "IPO"). Captioned Nayani v. LifeStance Health Group, Inc., No. 22-cv-06833 (S.D.N.Y.) – the LifeStance Health class action lawsuit charges LifeStance Health, certain of its top executives and directors, as well as the IPO's underwriters with violations of the Securities Act of 1933. 

If you suffered substantial losses and wish to serve as lead plaintiff, please provide your information here:

https://www.rgrdlaw.com/cases-lifestance-health-group-inc-class-action-lawsuit-lfst.html 

You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at jsanchez@rgrdlaw.com. Lead plaintiff motions for the LifeStance Health class action lawsuit must be filed with the court no later than October 11, 2022.

CASE ALLEGATIONS: LifeStance Health is one of the nation's largest providers of virtual and in-person outpatient mental health care. LifeStance Health benefitted from the state and local lockdown orders necessitated by the COVID-19 pandemic starting in the spring of 2020. But by December 2020, several COVID-19 vaccines were being approved and administered, meaning LifeStance Health's access to clients seeking virtual mental health services would significantly decline while demand for in-person services would increase. LifeStance Health conducted its IPO on June 10, 2021, selling 46 million shares at $18.00 per share, raising $828 million in gross proceeds.

However, as the LifeStance Health class action lawsuit alleges, the IPO's registration statement failed to disclose the following material facts: (i) that the number of virtual visits clients were undertaking utilizing LifeStance Health was decreasing as the COVID-19 lockdowns were being lifted, thereby flatlining LifeStance Health's out-patient/virtual revenue growth; (ii) that the percentage of in-person visits clients were undertaking utilizing LifeStance Health was increasing as the COVID-19 lockdowns were being lifted, thereby causing LifeStance Health's operating expenses to increase substantially; (iii) that LifeStance Health had lost a large number of physicians due to burn-out and, as a result, its physician retention rate had fallen significantly below the 87% highlighted in the IPO's registration statement and LifeStance Health had been expending additional costs to onboard new physicians who were less productive than the outgoing physicians they were replacing; and (iv) as a result, LifeStance Health's business metrics and financial prospects were not as strong as the IPO's registration statement represented.

At the time of the LifeStance Health class action lawsuit's filing, LifeStance Health common stock traded in a range of $4.77-$7.70, a reduction of upwards of 73% from the price the shares were sold at in the IPO.

The plaintiff is represented by Robbins Geller, which has extensive experience in prosecuting investor class actions including actions involving financial fraud.  You can view a copy of the complaint by clicking here.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased LifeStance Health common stock issued in connection with the IPO to seek appointment as lead plaintiff in the LifeStance Health class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the LifeStance Health class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the LifeStance Health class action lawsuit.  An investor's ability to share in any potential future recovery of the LifeStance Health class action lawsuit is not dependent upon serving as lead plaintiff. 

ABOUT ROBBINS GELLER: Robbins Geller is one of the world's leading complex class action firms representing plaintiffs in securities fraud cases. The Firm is ranked #1 on the 2021 ISS Securities Class Action Services Top 50 Report for recovering nearly $2 billion for investors last year alone – more than triple the amount recovered by any other plaintiffs' firm. With 200 lawyers in 9 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

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Contact:



Robbins Geller Rudman & Dowd LLP 


655 W. Broadway, Suite 1900, San Diego, CA  92101 


J.C. Sanchez, 800-449-4900 


jsanchez@rgrdlaw.com 

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SOURCE Robbins Geller Rudman & Dowd LLP

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