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NATO’s big gamble in Ukraine has failed

2023.06.03 07:55 MardukSyria NATO’s big gamble in Ukraine has failed

Fifteen months into the biggest land war in Eurasia since the Second World War, the tables have turned. US and NATO began with a confidence that a proxy war was the only way to roll back Russian influence in Europe. It was aimed to cut Russia down to size and snuff out the incipient multipolar order.On paper it was an ingenious, if diabolical, strategy. Ukrainian blood and NATO weapons would be more than a match for Russia. At the very least, western policymakers surmised, Russia would be bogged down in another protracted ‘Afghanistan’ or ‘Vietnam’ for years, while America would swoop across the world as a rejuvenated superpower. The opposite has occurred.On every front in this proxy war – it is more apt to classify the conflict as a limited great power war – US goals have fallen short. The US’s Weak Hand The international community has stayed scrupulously away from lining up behind the West. Other than its loyal G-6 states in tow, Washington has witnessed a resounding rejection of NATO’s plan to demonise and contain Russia. The Global South has instead discovered an opportunity to advance their own interests and embrace a multipolar world order where weaker states can henceforth bargain for better deals with the major players. India’s foreign policy exemplifies this trend that can today be seen in South America, Africa, Middle East and even in parts of East Asia. Great power geopolitical alignments have also shifted adversely. China – the swing power for the West – has barely budged its position. Since the outbreak of the Ukraine war, Washington has attempted to imagine cleavages between Moscow and Beijing that it could exploit for a new western rapprochement with China. Senior US policymakers, including the President, along with a flurry of European leaders have attempted to court the Xi Jinping regime in an attempt to nudge China away from Russia. But to little avail. The Chinese seem unwilling to jeopardise their partnership with Russia. With their own potential flashpoint right under their nose in Taiwan, Beijing fears a similar fate for itself in the future. Unanticipated Economic Blowback The real trump card in Western hands has always been the economy: the legacy dominance of the US dollar, control over international supply chains, and the ability to arbitrarily impose collective sanctions and isolate a country. These are unique leverages that no other great power can claim to possess as of today. This is where the US truly felt it had the upper hand. It could not only destabilise Russia, perhaps even fatally, but also rewrite a new chapter on globalisation. Yet shockingly again, and despite dramatically severing European energy and industrial linkages with Russia, the blowback to the West has been more severe than the intended impact on the Russian economy. European economies are reeling from inflation and the spectre of de-industrialisation, fueled by a supply side energy and commodity crisis caused by western sanctions. Industrial giants like Germany have slumped into a recession. Economists can no longer deny just how critical the Russian commodity and energy link as well as market access was for European prosperity and industrial vitality. How Russia Escaped, India Too But how did Russia escape its own economic strangulation? Very simply, the non-western world did not commit hara-kiri. China and India along with several other developing economies quickly replaced western markets, providing not only a lifeline to Russian exports but also drew unusual growth benefits of their own from discounted crude oil. Flushed with revenues, Moscow has been able to procure industrial components, machinery and consumer goods necessary for its basic economic stability. Trade with China is estimated to touch $200 billion in 2023, emulating a role played by Germany in the past. As a consequence, Russia defied the double-digit recession forecast for it in 2022 by only contracting by 2.1 percent. Even the IMF projects positive GDP growth for the Russian economy in 2023 and 2024. The War Theatre: Advantage Russia Finally, it is in the war theatre itself where events have unfolded calling into question the entire geopolitical gamble of the West. After the initial phase when Russia received a rude shock about the full extent of NATO’s penetration and the systematic buildup of the Ukrainian armed forces since 2014, Moscow shifted to a strategy of attrition. This meant occupying territory – usually the primary objective of a war – became less important (other than of course the ethnic-Russian dominated Donbass and Crimea) than degrading and destroying the NATO-built force inside Ukraine. Classical war of manoeuvre with large tanks battles in vast open fields or direct assaults on entrenched Ukrainian positions – scenarios that NATO expected and trained the Ukrainian military for and for which it invested in major defence lines around the Donbass – were replaced by gruelling and bloody struggles for strategic cities and gateway towns. Russia has prevailed in all these major urban battles that will help it secure eastern Ukraine. At the same time, Russia has used its offensive firepower to freely strike at military, logistic, high value infrastructure, and command and control targets across Ukraine including in Kyiv. Russia adapted to fight an intelligent and relatively low casualty war of its choosing and not the one NATO had planned to bog it down in. Ukraine-NATO: Outmanned, Underprepared A few themes are now increasingly clear. The bulk of the Ukrainian military force has been largely destroyed in the past 12 months of the war. The replacement units being inducted after the most recent round of NATO training in the UK and elsewhere cannot restore those massive losses. The industrial capacity to wage a big and long war has been severely impaired, not just in Ukraine but in NATO. NATO countries have already sent over $70-80 billion worth of military equipment, with the lion’s share coming from the US. The real constraint now is western production capacity because NATO planners never anticipated a war with a peer competitor that might exceed a few weeks of intense combat. To get a sense of the gap – Russia fires artillery rounds in an afternoon in Ukraine equivalent to at least two months of US production. NATO weapons systems that were fielded to alter the course of the war have come up short. The Russian military seems to be ahead of NATO on at least the following capabilities – air defence, electronic warfare, artillery/counter artillery, and hypersonic missiles. The much-touted Ukrainian counter-offensive is likely to run into the famous monsoon season before it clashes with any Russian formations. What might follow after that is another gasp of NATO-fueled fighting before Russia inflicts its own counter-offensive. The blowback in Ukraine is real and the most significant geopolitical trend of the past year.
Zorawar Daulet Singh is an award winning author and strategic affairs expert based in New Delhi.
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2023.06.03 07:55 TheLegendKeithDeroux The Indus Connection (Part 1 - India/Brahmin History): The Relationship Queen Victoria II has to Early Sikh Canadian Settler, Kesur Singh - Pierre Elliot Trudeau's Close Relationship to Indian President Indira Ghandi Before her Assassination & Operation Bluestar, Strengthened Indus Bonds (1897-1985)

The Indus Connection (Part 1 - India/Brahmin History): The Relationship Queen Victoria II has to Early Sikh Canadian Settler, Kesur Singh - Pierre Elliot Trudeau's Close Relationship to Indian President Indira Ghandi Before her Assassination & Operation Bluestar, Strengthened Indus Bonds (1897-1985)
Disclaimer: The point of these stories is to uncover missed and hidden tales that many new generation Canadians are unaware of and overlook. The storied histories of people, ethnicities, neighborhoods are never told and for good reason. The information presented will be sourced and open to full discussion. This 3 Part series will uncover The Indus Connection - The Bind that Punjab (Informally Khalistan), India and Sri Lanka have to the Canadian Government, RCMP & CSIS. I've done my best to piece the significant information together in a timeline that allows the reader to understand these events clearer. (Information is cited; avoiding going full in depth)
Kesur Singh was a Sikh officer of the 5th Cavalry who represented his regiment at Queen Victoria's diamond jubilee celebrations in London in 1897. This photo of him featured in The Navy and Army Illustrated of 10th Dec 1897. The description says 'He has on many occasions earned the praise of his superiors. He wears the medal and clasp for the Jowaki Expedition of 1877-78 and the medal with two clasps for Afghanistan (1878-80) where he was specially commended for devotion and courage on several occasions, and received the Order of Merit, and a special certificate from lord Roberts for his work at Sherpur.

Kesur Singh & The First Sikh Canadian Settlers in Canada - Ties to the British Raj & How the Queen Elizabeth II Awarded him for his Valor in the British Indian Cavalry (1897)

Kesur Singh, a Risaldar Major in the British India Army, is credited with being the first Sikh settler in Canada. He was amongst a group of Sikh officers who arrived in Vancouver on board Empress of India in 1897. They were on the way to Queen Victoria's Diamond Jubilee. Sikhs found employment in laying the tracks of the Canadian Pacific Railway, in lumber mills and mines. Though they earned less than white workers, they made enough money to send some of it to India and make it possible for their relatives to immigrate to Canada.
Indian Cavalry Passing the House of Parliament for Queen Victoria's Diamond Jubilee (1897)
A notable moment in early Sikh history in Canada was in 1902 when settlers first arrived in Golden, British Columbia to work at the Columbia River Lumber Company. This was a theme amongst most early Punjabi Sikh settlers in Canada to find work in the agricultural and forestry sectors in British Columbia. Punjabi Sikhs became a prominent ethnic group within the sawmill workforce in British Columbia almost immediately after initial arrival to Canada.
Punjabi Sikhs in Whitehorse, Yukon (April,1906)
The early settlers in Golden built the first Gurdwara (Sikh Temple) in Canada and North America in 1905, which would later be destroyed by fire in 1926. The second Gurdwara to be built in Canada was in 1908 in Kitsilano (Vancouver), aimed at serving a growing number of Punjabi Sikh settlers who worked at nearby sawmills along False Creek at the time. The Gurdwara would later close and be demolished in 1970, with the temple society relocating to the newly built Gurdwara on Ross Street, in South Vancouver.
As a result, the oldest existing Gurdwara in Canada today is the Gur Sikh Temple, located in Abbotsford, British Columbia. Built in 1911, the temple was designated as a national historic site of Canada in 2002 and is the third-oldest Gurdwara in the country. Later, the fourth Gurdwara to be built Canada was established in 1912 in Victoria on Topaz Avenue, while the fifth soon was built at the Fraser Mills (Coquitlam) settlement in 1913, followed a few years later by the sixth at the Queensborough (New Westminster) settlement in 1919, and the seventh at the Paldi (Vancouver Island) settlement, also in 1919.
Early Sikh pioneers also settled in the Abbotsford area in 1905 and originally worked on farms and in the lumber industry. By 1906, there were about 1,500 Sikh workers living in Canada, among about 5,000 East Indians in total. Although most of the immigrants from South Asia at the time were Sikhs, local ignorance of Eastern religions led to them frequently being assumed to be Hindus. About 90% of these Sikhs lived in British Columbia. While Canadian politicians, missionaries, unions and the press were opposed to Asian workers. British Columbia industrialists were short of labor and thus Sikhs were able to get an early foothold at the turn of the 20th century in British Columbia.
As with the large numbers of Chinese workers already present in Canada, many white workers resented those immigrants and directed their ill-will toward the Sikhs, who were easily recognized by their beards and turbans. Punjabis were accused of having a caste system, an idea that goes against the foundations of Sikhism. They were portrayed as being riddled with trachoma and as being unclean in general. To strengthen these racist characterizations, a song called White Canada Forever was created. All this eventually led to a boat of Sikhs arriving in Vancouver being sent to Victoria. In 1907, the year that Buckam Singh came to British Columbia from Punjab at the age of fourteen, Punjabis were forced to avoid the Anti-Oriental Riots of 1907 by staying indoors.
Punjabi & Canadian Boy Drinking Soda (1972)
Most of the Sikhs in Canada in 1907 were retired British army veterans and their families. These Punjabis had proved themselves as loyal soldiers in the British colonies in Asia and Africa. However, the Canadian Government did not prevent the use of the illegal scare tactics being used to monitor immigration and prevent Sikhs from seeking employment, and this soon resulted in the cessation of all Indian immigration to Canada. The Canadian Prime Minister, Sir Wilfrid Laurier claimed that Indians were unsuited to life in the Canadian climate. However, in a letter to the viceroy, The Earl of Minto, Sir Wilfred voiced a different opinion, stating that the Chinese were the least adaptable to Canadian ways, whereas Sikhs, which he mistakenly referred to as Hindus, were the most adaptable. This sentiment changed after Buckam Singh's role in World War 1, which enabled more Sikhs to migrate to Canada.
Takeaways During this Period:
  1. The Immigration Act, 1910 came under scrutiny when a party of 39 Indians, mostly Sikhs, arriving on a Japanese ship, the Komagata Maru, succeeded in obtaining habeas corpus against the immigration department's order of deportation. The Canadian Government then passed a law intended to keep labourers and artisans, whether skilled or unskilled, out of Canada by preventing them from landing at any dock in British Columbia. As Canadian immigration became stricter, more Indians, most of them Sikhs, travelled south to the United States of America.
  2. The Komagata Maru Incident involved the Japanese steamship Komagata Maru, on which a group of people from British India attempted to immigrate to Canada in April 1914, but most were denied entry and forced to return to Budge Budge, Calcutta (present-day Kolkata). There, the Indian Imperial Police attempted to arrest the group leaders. A riot ensued, and they were fired upon by the police, resulting in the deaths of 22 people.
  3. Buckam Singh - Buckam Singh enlisted with the Canadian Expeditionary Force in the spring of 1915. Buckam Singh was one of the earliest known Sikhs living in Ontario at the time as well as one of only 9 Sikhs known to have served with Canadian troops in the First World War. Private Buckam Singh served with the 20th Canadian Infantry Battalion in the battlefields of Flanders during 1916. Here, Buckam Singh was wounded twice in battle and later received treatment at a hospital run by one of Canada's most famous soldier poets the Doctor Lt. Colonel John McCrae. While recovering from his wounds in England, Private Buckam Singh contracted tuberculosis and spent his final days in a Kitchener, Ontario military hospital, dying at age 25 in 1919. His grave in Kitchener is the only known First World War Sikh Canadian soldier's grave in Canada. Despite being forgotten for ninety years and never getting to see his family again, Buckam Singh is now being celebrated as not only a Sikh hero, but a Canadian hero.
Legacy of Buckam Singh (1972)

The Events Leading Up To an Independent Punjab State Precursor to Operation Bluestar - Post Independence Period of India (1956)

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Punjabi Suba Speeches (1956)
The Punjabi Suba Movement After Independence from British Rule (1956)
The Punjabi Suba movement was a long-drawn political agitation, launched by Punjabi speaking people (mostly Sikhs) demanding the creation of autonomous Punjabi Suba, or Punjabi-speaking state, in the post-independence Indian state of East Punjab. The movement is defined as the forerunner of Khalistan movement.
Borrowing from the pre-partition demands for a Sikh country, this movement demanded a fundamental constitutional autonomous state within India. Led by the Akali Dal (a centre-right Sikh-centric state political party in Punjab, India. The party is the second-oldest in India, after Congress, being founded in 1920.), it resulted in the formation of the state of Punjab. The state of Haryana and the Union Territory of Chandigarh were also created and some Pahari-majority parts of the East Punjab were also merged with Himachal Pradesh following the movement. The result of the movement failed to satisfy its leaders due to regions in Northern Haryana with Punjabi speaking and Sikh populations like Jind, Karnal, Ambala, Fatehabad and Sirsa being left out of Punjab. Many Sikh leaders saw this as falling short of the promise of a fully autonomous Sikh State that they felt was promised to them by Nehru and Gandhi in exchange for joining the Indian Union.
In the 1950s the Punjabi Suba movement for linguistic reorganization of the state of Punjab and status for the Punjabi language took place, which the government finally agreed to in 1966 after protests and recommendation of the States Reorganization commission. The state of East Punjab was later split into the states of Himachal Pradesh, the new state Haryana and current day Punjab.
The process of Sikh alienation from the national mainstream was set in motion shortly after Independence due to the communalism of national and regional parties and organization including the RSS, Jan Sangh, and the Arya Samaj, exacerbated by Congress mishandling and local politicians and factions. According to Indian general Afsir Karim, many observers believed that separatist sentiments began in 1951 when Punjabi Hindus disowned the Punjabi language under the influence of radical elements, and "doubts on the concepts of a Punjabi Suba" created mutual suspicion, bitterness, and further misunderstanding between the two communities. The 1966 reorganization left the Sikhs highly dissatisfied, with the unresolved status of Chandigarh and the distribution of river waters intensifying bitter feelings.
While the Green Revolution in Punjab had several positive impacts, the introduction of the mechanized agricultural techniques led to uneven distribution of wealth. The industrial development was not done at the same pace of agricultural development, the Indian government had been reluctant to set up heavy industries in Punjab due to its status as a high-risk border state with Pakistan. The rapid increase in the higher education opportunities without adequate rise in the jobs resulted in the increase in the unemployment of educated youth. The resulting unemployed rural Sikh youth were drawn to the militant groups, and formed the backbone of the militancy.
After being routed in 1972 Punjab election, the Akali Dal put forward the Anandpur Sahib Resolution in 1973 to address these and other grievances, and demand more autonomy to Punjab. The resolution included both religious and political issues. It asked for recognizing Sikhism as a religion It also demanded that power be generally devaluated from the Central to state governments. The Anandpur Resolution was rejected by the government as a secessionist document. Thousands of people joined the movement, feeling that it represented a real solution to demands such as a larger share of water for irrigation and the return of Chandigarh to Punjab.
The 1978 Sikh-Nirankari clashes had been within the Sikh community, but the pro-Sant Nirankari stance of some Hindus in Punjab and Delhi had led to further division, including Jan Sangh members like Harbans Lal Khanna joining the fray, who, in a protest against holy city status for Amritsar, raising inflammatory slogans like "Kachha, kara, kirpan, bhejo inko Pakistan" ("those who wear the 5Ks (Sikhs), send them to Pakistan"), led to aggressive counter demonstrations.

Prime Minister of Canada, Pierre Elliot Trudeau Visits India; Prime Minister of India, Indira Ghandi Visits Canada - The India-Canada Bonds Stay in Tact (1971)

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Indira Gandhi of India and Pierre Trudeau of Canada-walk through the lobby of the new $3 million Shaw festival Theatre at Niagar-on-the-Lake last night during intermission. After the play; Mrs. Gandhi joined Trudeau and his wife; Margaret; on state for presentation of a plaque.
Prime minister Pierre Trudeau touched down in India. For five days in January, 1971, Pierre Elliott Trudeau toured the country, rode a camel, petted a bullock, went up the Ganges and into a locomotive factory, visited the tombs of Indian notables, saw the Taj Mahal and wore a hat that would have made a Rajput proud. He then sat down with the emerging, redoubtable Prime Minister Indira Gandhi to discuss the state of the world and the sorry state of Canada’s economic relationship with India. Even nuclear weapons were discussed in 1971 with the Canadian prime minister in a press conference opining “there is no expressed desire on (the Indian) part to explode such a (nuclear) device nor I believe the technological ability to do so.” Three years later, in May 1974, the Indians did explode such a device – cheekily codenamed Smiling Buddha – in the Rajasthan desert, using plutonium from the research reactor Canada had built for it in 1956 for peaceful purposes. The bilateral relationship dropped into a diplomatic pit with every leader since expressing sorrowful but hopeful words that things would improve.
The one issue not on Pierre Elliott Trudeau’s agenda was anything to do with the Punjab and Sikhs. At the time, both were good news stories. The Punjab, home to most Sikhs, was the centre of an agricultural Green Revolution with new strains of wheat moving India from a food-deficient country to one of self sufficiency, with exports contemplated. Economically, Sikhs were the main beneficiaries and their biggest political problem was whether or not their beards met the requirements of flying fighter jets for the Indian Air Force. The emergence of India as a legitimate and serious geopolitical counterweight to China, not only in Asia but globally, has dramatically changed the bilateral agenda. Over the years, very little energy was expended by either India or Canada to put the relationship on a footing reflective of this changed status. There have been large and small bumps on that road since. Sikhs have been a significant part of the Canadian mosaic since the late 19th century. Their numbers increased dramatically with the mid-1970s changes to the Immigration Act and today they represent close to half of the 1.2 million Canadians with ancestry from the subcontinent. Their wealth, energy and self-deprecating humour, along with a monotheistic theology, were dominant features and over time the use of Sardar and Sardarji became terms of appreciation for the community as a whole. Towards the end of European colonial dominance, they were a military mainstay of the British Raj. As one Indian researcher wrote, “the success-story of the Sikh community as a whole has taken the form of a deep-rooted anxiety in the collective minds of the non-Sikh majorities especially the Hindus of India.” The present prime minister of India, Narendra Modi, has achieved political success exploiting this and other anxieties alongside the promotion of Hindu ascendency.
IMPORTANT EXCERPT BY CSE AFTER AIR INDIA BOMBING (1985):India’s government knows more of what goes on in the Canadian Sikh community than the combined forces of the RCMP, CSIS and CSE. This was evident in the aftermath of the 1985 Air India bombings and it was rare if a visit by the Indian High Commissioner (he a Sikh) to the Department of Foreign Affairs did not provide details on some nefarious action within the community.

The Path to Operation Bluestar: How the Assassination of Indira Ghandi led to the 1984 Anti-Sikh Riots (Black November)

Deceased Sikhs - Result of the Clashes
The Sikh-Nirankari clashes - Precursor to Operation Bluestar (1978)
The 1978 Sikh-Nirankari clash occurred between the Sant Nirankari Mission (An Indian backed Sikh Organization) and Sikhs of Damdami Taksal and Akal Kirtani Jatha on 13 April 1978 at Amritsar, Punjab, India. Sixteen people—thirteen traditional Sikhs and three Nirankari followers—were killed in the ensuing violence, occurring when some Akhand Kirtani Jatha and Damdami Taksal members led by Fauja Singh protested against and tried to stop a convention of Sant Nirankari Mission followers. This incident is considered to be a starting point in the events leading to Operation Blue Star and the 1980s insurgency in Punjab.
Operation Bluestar - Indhira Ghandi's Plot to Eliminate Akhan Kirtani Jatha & Damdami Taksal Leaders (1984)
Visual Depiction of Operation Bluestar (Preliminary Footage - AP News)
Operation Blue Star was an Indian military operation carried out between 1 and 8 June 1984, ordered by Prime Minister Indira Gandhi to remove religious leader Jarnail Singh Bhindranwale and his armed followers from the buildings of the Harmandir Sahib complex in Amritsar, Punjab. In July 1983, the Sikh political party Akali Dal's President Harcharan Singh Longowal had invited Bhindranwale to take up residence in Golden Temple Complex. Bhindranwale later on made the sacred temple complex an armoury and headquarters. In the violent events leading up to the Operation Blue Star, the militants had killed 165 Nirankaris, Hindus and Nirankaris, even 39 Sikhs opposed to Bhindranwale were killed. The total number of deaths was 410 in violent incidents and riots while 1,180 people were injured.
Counterintelligence reports of the Indian agencies had reported that three prominent figures in the operation, Shabeg Singh, Balbir Singh and Amrik Singh had made at least six trips each to Pakistan between the years 1981 and 1983. Intelligence Bureau reported that weapons training was being provided at gurdwaras in Jammu and Kashmir and Himachal Pradesh. Soviet intelligence agency KGB reportedly tipped off the Indian agency RAW about the CIA and ISI working together on a Plan for Punjab with a code name "Gibraltar". RAW from its interrogation of a Pakistani Army officer received information that over a thousand trained Special Service Group commandos of the Pakistan Army had been dispatched by Pakistan into the Indian Punjab to assist Bhindranwale in his fight against the government. A large number of Pakistani agents also took the smuggling routes in the Kashmir and Kutch n for three days ending on 8 June. A clean-up operation codenamed as Operation Woodrose was also initiated throughout Punjab.
The army had underestimated the firepower possessed by the militants. Militants had Chinese made rocket-propelled grenade launchers with armor piercing capabilities. Tanks and heavy artillery were used to attack the militants using anti-tank and machine-gun fire from the heavily fortified Akal Takht. After a 24-hour firefight, the army finally wrested control of the temple complex. Casualty figures for the Army were 83 dead and 249 injured. According to the official estimate presented by the Indian government, 1592 were apprehended and there were 493 combined militant and civilian casualties. High civilian casualties were attributed by the state to militants using pilgrims trapped inside the temple as human shields. According to Indian army generals, it was "doubtful" that Bhindranwale had any assurance of help or promise of asylum from Pakistan, as he made no attempt to escape with any associates, in additions to traditions of martyrdom.
Jarnail Singh Bhindranwale (Damdami Taksal Leader - Killed)

Assassination of Indian Prime Minister, Indira Gandhi By Her Sikh Bodyguards (1984)

Indian Prime Minister Indira Gandhi was assassinated at 9:30 a.m. on 31 October 1984 at her residence in Safdarjung Road, New Delhi. She was killed by her bodyguards. Satwant Singh and Beant Singh in the aftermath of Operation Blue Star, an Indian military action carried out between 1 and 8 June 1984 ordered by Indira Gandhi to remove Jarnail Singh Bhindranwale and his followers from the Golden Temple of Harmandir Sahib in Amritsar, Punjab. The collateral damage included the death of many pilgrims, as well as damage to the Akal Takht. The military action on the sacred temple was criticized both inside and outside India.
https://preview.redd.it/x3ee2xdzrq3b1.jpg?width=440&format=pjpg&auto=webp&s=438619a4afceb2005ca06799dc057de538203653

The 1984 Anti-Sikh Riots (Sikh Genocide/Black November) in Response to Indian Prime Minister Indira Ghandi's Assasination - 17,000 Sikhs Dead [This Event Gave Rise to the Punjabi Insurgency Movement, Babar Khalsa & Flight Air India 182 Bombing in Canada]

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The 1984 Anti-Sikh Riots - Resulted in 17,000 Deceased Sikhs
The 1984 Anti-Sikh Riots, also known as the 1984 Sikh Genocide, 1984 Sikh Massacre or Black November, was a series of organized pogroms against Sikhs in India following the assassination of Indira Gandhi by her Sikh bodyguards. Government estimates project that about 2,800 Sikhs were killed in Delhi and 3,350 nationwide, whilst independent sources estimate the number of deaths at about 8,000–17,000.
The assassination of Indira Gandhi itself had taken place shortly after she had ordered Operation Blue Star, a military action to secure the Harmandir Sahib Sikh temple complex in Amritsar, Punjab, in June 1984. The operation had resulted in a deadly battle with armed Sikh groups who were demanding greater rights and autonomy for Punjab and the deaths of many pilgrims. Sikhs worldwide had criticized the army action and many saw it as an assault on their religion and identity. In the aftermath of the pogroms, the government reported that 20,000 had fled the city; the People's Union for Civil Liberties reported "at least" 1,000 displaced persons. The most-affected regions were the Sikh neighborhoods of Delhi. Human rights organizations and newspapers across India believed that the massacre was organized. The collusion of political officials connected to the Indian National Congress in the violence and judicial failure to penalize the perpetrators alienated Sikhs and increased support for the Khalistan movement. The Akal Takht, Sikhism's governing body, considers the killings a genocide.
In 2011, Human Rights Watch reported that the Government of India had "yet to prosecute those responsible for the mass killings".According to the 2011 WikiLeaks cable leaks, the United States was convinced of Indian National Congress' complicity in the riots and called it "opportunism" and "hatred" by the Congress government, of Sikhs. Although the U.S. has not identified the riots as genocide, it acknowledged that "grave human rights violations" occurred. In 2011, the burned sites of multiple Sikh killings from 1984, were discovered in Hondh-Chillar and Pataudi areas of Haryana. The Central Bureau of Investigation, the main Indian investigative agency, believes that the violence was organized with support from the Delhi police and some central-government officials. After 34 years of delay, in December 2018, the first high-profile conviction for the 1984 anti-Sikh riots took place with the arrest of Congress leader Sajjan Kumar, who was sentenced to life imprisonment by the Delhi High Court. Very few convictions have taken place in the pending 1984 cases, with only one death penalty conviction for an accused, Yashpal in the case of murdering Sikhs in the Mahipalpur area of Delhi.
To Be Continued in Indus Connection (Part 2 - Punjabi/Sikh History) - Flight Air India 182
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2023.06.03 03:35 Onsomeshid Weird electronic issue?

Hey fellas, I've been dealing with a near extreme electronic issue ever since replacing and coding my battery. Several functions have died and never came back to life. A short list: Central locking, dtc button is stuck on, windshield wipers don't stop, and I believe my AC isn't working, most importantly fuel level senders aren't reading...shows empty tank.
I've checked fuses, they're all fine. I've checked voltages on the bsd lead/line and every connection I could think of (jbbe connections, fuses, B+ lines, etc). Any clues? I have codes for only some of the lost functions (5E5B = dtc, 931A, 2de4/5=fuel level, and a peculiar A738=JBE Power supply interrupted).
I have given a shot a replacing certain components (new bsd/negative ground cable and terminal, new B+ fuse box, B+ cable, voltage regulator, fuses, used jbbe from ebay, coded and matched to vin). All this and ZERO change in between every component change.
Never had to take my car to the shop, but I trust my mother's mechanic. He didn't dive too deep but he wasn't able to correct anything with his Autell. He could only actuate the fuel gauge to only 20% and 80% manually. Everything is up to date software wise according to him too.
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Any ideas for at least one of the errors?
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2023.06.03 01:41 Odd-Run-9666 Honda GCV170 push mower idle surge.

I have an idle surge problem on. My Honda GCV170 with the auto choke. We bought it new a couple of years back and everything ran fine until I was away one day and my some added premix instead of straight gasoline. He only made a few passes with it and my wife heard it surging and had him shut it down. She phoned me, asked what to do, and I told her to drain the fuel from the tank. It’s been surging ever since (probably 20 tanks of fuel).
I’ve seen the videos regarding plugged pilot jet as a common issue in these. I’ve done this four times and have gone as far as to remove the bowl and primary jet, cleaned each little port with a micro drill bit, thoroughly cleaned the cab with carb cleaner and compressed air. Everything looks immaculate to begin with.
I’m questioning the springs/linkage. If I manually apply pressure to the auto idle linkage, I can raise the RPMs and it does seem to level out.
submitted by Odd-Run-9666 to smallenginerepair [link] [comments]

2023.06.03 00:58 P0PE_F0X Meet the 2023 Honda Accord Hybrid: Sleek, Powerful, Electrified. Read Honda’s first-ever Reddit megathread to learn why its hybrid badge means so much more than fuel efficiency.

Tl;dr: The All-New 2023 Accord Hybrid makes no compromises, offering an unbeatable combination of cutting-edge style, tech, performance and of course, efficiency. Watch the launch video below!
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2023.06.03 00:55 Key-Promotion-3674 Soviet tanks

Soviet tanks
Is this good for beat german?
submitted by Key-Promotion-3674 to hoi4 [link] [comments]

2023.06.03 00:52 purplerockspebbles How common are tires that would fit onto a 2002 Honda Accord?

I bought completely new tires about a month ago for my 2002 Accord.
I was in an accident recently that totaled the car. There's usable parts on it, so I'm looking into local junkyards that will buy it from me. But I'm wondering, since the tires are brand new, if it would be better to take them off and sell them myself? They will not fit onto the car I bought.
The tires have 4 lug nuts, and I'm not sure how common that is? Will I even be able to sell tires that have only 4? I'm questioning if they're common enough to be worth trying to sell myself, or if it's going to take too long to find a buyer.
submitted by purplerockspebbles to TireQuestions [link] [comments]

2023.06.03 00:46 player_vsa General Questions about how/what to drive for a comute as an expat and how to properly register the license.

Hey there,
After going through the Wiki and some research within the sub and outside, I think I ended up with more questions then I started. I'll try to sumarize it here, but if necessary I break it down into other posts.
My goal is: to understand what license I can get and to decide for a bike for commuting, from home to work, for 2 people, me and my wife. I'm taller(185 and 150cm) than her and also I'm on the heavy weight side (110kg). Distance is about 10km (20km round trip) every workday. I have the chance to pass through the A12 (highway?), to arrive faster at home. I'm opting for a smalleweaker bike just for the commute and maybe ocasional drive though the country/areas close by Antwerp, performance and reparability are top priority. Longest trip might be to the coast. I have a B license since 2012. I haven't done any course here in Belgium, just exchanged the license from my country to here.
I learned how to ride many years ago(on a motocross bike, I don't remember the model). I don't have that much knowledge about the topic (maintenance, how to investigate issues on the bike, etc) but I'm also not completely ignorant to it. I like to dive into this area (my father was also a mechanic).
Questions about the license are:
​
General questions about motorcycling.
​
Suggestions for a first timer.
​
Apologies if the questions are silly or dumb, is just that I have no contacts or close friends to explain how things here in Belgium work, and the driving school I contacted is not getting back to me.
Thanks a lot in advance, your support is much appreciated.
submitted by player_vsa to motobe [link] [comments]

2023.06.03 00:42 AphmauSuperFanUwU Hi, Ya'll! Just got my first car not too long ago and wanted to show it off! Tell me what ya'll think! She is a 2002 Honda Accord EX Sedan. I absolutely adore this car! 😊

Hi, Ya'll! Just got my first car not too long ago and wanted to show it off! Tell me what ya'll think! She is a 2002 Honda Accord EX Sedan. I absolutely adore this car! 😊 submitted by AphmauSuperFanUwU to accord [link] [comments]

2023.06.02 23:22 jjgrey05 At The Market Offering Agreement with H.C. Wainwright & Co., LLC

We have entered into an At The Market Offering Agreement with H.C. Wainwright & Co., LLC (“Wainwright”) relating to the sale of our common stock, $0.0001 par value per share (“Common Stock”), offered by this prospectus supplement and the accompanying prospectus. In accordance with the terms of the At The Market Offering Agreement, we may offer and sell up to $50,000,000 of shares of our Common Stock from time to time through Wainwright acting as agent.
Sales of our Common Stock, if any, under this prospectus supplement and accompanying prospectus may be made in sales deemed to be “at the market equity offerings” as defined in Rule 415 promulgated under the Securities Act of 1933, as amended (the “Securities Act”), including sales made directly on or through Nasdaq or any other existing trading market in the United States for our Common Stock, sales made to or through a market maker other than on an exchange or otherwise, directly to Wainwright as principal, in negotiated transactions at market prices prevailing at the time of sale or at prices related to such prevailing market prices and/or in any other method permitted by law. If we and Wainwright agree on any method of distribution other than sales of shares of our common stock on or through Nasdaq or another existing trading market in the United States at market prices, we will file a further prospectus supplement providing all information about such offering as required by Rule 424(b) under the Securities Act. Wainwright is not required to sell any specific dollar amount of shares but will use its commercially reasonable efforts to sell on our behalf all of the shares of common stock requested to be sold by us, consistent with its normal trading and sales practices and applicable laws and regulations, subject to the terms of the At The Market Offering Agreement on mutually agreed terms between Wainwright and us. There is no arrangement for funds to be received in any escrow, trust or similar arrangement.
Wainwright will be entitled to compensation at a fixed commission rate of 3.0% of the gross sales price per share sold under the At The Market Offering Agreement. In connection with the sale of our common stock on our behalf, Wainwright will be deemed to be an “underwriter” within the meaning of the Securities Act and the compensation of Wainwright will be deemed to be underwriting commissions or discounts. We have also agreed to provide indemnification and contribution to Wainwright with respect to certain liabilities, including liabilities under the Securities Act.
We are an “emerging growth company” and a “smaller reporting company” under the federal securities laws and are subject to reduced public company reporting requirements. See “Prospectus Supplement Summary ‒ Emerging Growth Company” and ”‒ Smaller Reporting Company.” Our Common Stock and warrants are listed on the Nasdaq Capital Market under the symbols “ADN” and “ADNWW”, respectively. On June 1, 2023, the closing price of our Common Stock was $0.88 per share and the closing price of our warrants was $0.11 per share.
You should read this prospectus supplement and the accompanying prospectus, and the documents incorporated by reference in this prospectus supplement carefully before you invest.
Investing in our securities involves a high degree of risk. See the information contained under “Risk Factors” on page 5 of this prospectus supplement and in the related sections noted in the accompanying prospectus, and in the documents incorporated by reference herein and therein.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus supplement is truthful or complete. Any representation to the contrary is a criminal offense.
THE OFFERING
Securities offered
Shares of our Common Stock having an aggregate offering price of up to $50,000,000.
Common Stock to be Outstanding after this offering(1)
Up to 106,818,182 shares of Common Stock, assuming sales of 56,818,181 shares of Common Stock in this offering at an assumed offering price of $0.88 per share, which was the last reported sale price of our shares of Common Stock on Nasdaq on June 1, 2023. The actual number of shares of Common Stock issued will vary depending on the sales price under this offering at which shares may be sold from time to time during this offering.
Manner of offering
“At the market offering” as defined in Rule 415(a)(4) under the Securities Act that may be made from time to time through our sales agent, Wainwright. See “Plan of Distribution” on page S-12 of this prospectus supplement.
Use of Proceeds
We intend to use the net proceeds to fund the operating expenses and capital expenses for product development and plan to make substantial investments over the next several years, among others, in new production equipment and warehousing, systems assembly line, MEA assembly automation, aeronautical stacks, facility expansion, new hirings and for working capital and general corporate purposes. See “Use of Proceeds” on page S-11 of this prospectus supplement.
Risk Factors
Investing in our securities involves a high degree of risk. See the “Risk Factors” section of this prospectus supplement, the accompanying prospectus and in the documents incorporated by reference in this prospectus supplement for a discussion of factors to consider before deciding to purchase our securities.
Trading Symbols Our Common Stock and warrants are listed on the Nasdaq Capital Market under the symbols “ADN” and “ADNWW”, respectively.
(1) The number of shares of Common Stock outstanding immediately after this offering is based on 53,097,236 shares of Common Stock outstanding as of June 1, 2023, and does not include (a) 26,369,557 shares issuable upon exercise of outstanding warrants, and (b) 3,289,855 shares of Common Stock issuable upon exercise of outstanding options, 2,288,772 shares issuable upon vesting of outstanding restricted stock units, 33,671 shares issuable upon outstanding restricted stock units that have vested, and 295,196 shares of Common Stock reserved for future issuance of awards pursuant to the Company’s 2021 Equity Incentive Plan. Unless otherwise indicated, this prospectus supplement assumes no exercise of outstanding stock options or warrants and no settlement of outstanding restricted stock units.
RISK FACTORS
Investing in our securities is speculative and involves a high degree of risk. You should carefully consider the risks set out below and the other documents incorporated by reference in this prospectus supplement that summarize the risks that may materially affect us and our business before making an investment in our securities. Please see “Incorporation by Reference”. If any of these risks occur, our business, results of operations or financial condition could be materially adversely affected. In that case, the trading price of our securities could decline, and you may lose all or part of your investment. The risks set out in this prospectus supplement are not the only risks we face. You should also refer to the other information set forth in this prospectus supplement as well as those incorporated by reference herein and therein, including financial statements and the related notes, for further risks faced by us.
The Company and its securities should be considered a speculative investment due to the high-risk nature of our business, and you should carefully consider all of the information disclosed in this prospectus supplement, the accompanying prospectus and the documents incorporated herein and therein prior to making an investment in the Company. In addition, the following risk factors should be given special consideration when evaluating an investment in the securities.
Risks Related to the Business
We have incurred losses since inception and we expect that we will continue to incur losses for the foreseeable future.
We have not been profitable since operations commenced, and we may never achieve or sustain profitability. We expect to continue to incur net losses and generate negative cash flows until we can produce sufficient revenues and gross profit to cover our costs. We may never become profitable. Even if we do achieve profitability, we may be unable to sustain or increase our profitability in the future. We will require significant additional capital to continue operations and to implement our business strategy. We cannot estimate with reasonable certainty the actual amounts necessary to successfully complete the development, manufacture and commercialization of our products and there is no certainty that we will be able to raise the necessary capital on reasonable terms or at all.
Our audited financial statements included a statement that there is a substantial doubt about our ability to continue as a going concern and a continuation of negative financial trends could result in our inability to continue as a going concern.
Our audited financial statements as of and for the year ended December 31, 2022 were prepared on the assumption that we would continue as a going concern. Our audited financial statements as of and for the year ended December 31, 2022 did not include any adjustments that might result from the outcome of this uncertainty. Our management has determined that there is a substantial doubt about our ability to continue as a going concern over the next twelve months based on the insufficient amount of cash and cash equivalents as of the financial statement filing date and our independent auditors have included a “going concern” explanatory paragraph in their report on our financial statements as of and for the year ended December 31, 2022. In July 2022, we received official ratification from the European Commission of the European Union for one of the Important Projects of Common European Interest (“IPCEI”), Green HiPo. This project provides for the availability of funding of €782.1 million over the next six years. As of the issuance date of the consolidated financial statements, we have not received an agreement which provides the terms of the funding. In addition to Green HiPo, management may pursue additional capital raises in the future. We cannot provide assurance that we will be able to obtain additional funding on acceptable terms, if at all. If we are unable to obtain sufficient funding, we could be required to delay our development efforts, limit activities and reduce research and development costs, which could adversely affect its business prospects. The reaction of investors to the inclusion of a going concern statement by our independent auditors, and our potential inability to continue as a going concern, could materially adversely affect the price of our Common Stock.
We continue to generate a low level of revenue from our core products.
Based on conversations with existing customers and incoming inquiries from prospective customers, we anticipate substantial increased demand for our MEAs and fuel cell systems from a wide range of customers as we scale up our production facilities and testing capabilities, and as the awareness of our MEA capabilities becomes widely known in the industry. We expect both existing customers to increase order volume, and to generate substantial new orders from new customers, with some of whom we are already in discussions regarding prospective commercial partnerships and joint development agreements. As of December 31, 2022, we were still generating a low level of revenues compared to our future projections and have not made any commercial sales to new customers.
Risks Related to the Offering
A return on the Common Stock purchased in this offering is not guaranteed.
There is no guarantee that the shares of Common Stock purchased in this offering will earn any positive return in the short term or long term. Investing in our Common Stock is speculative and involves a high degree of risk and should be undertaken only by holders whose financial resources are sufficient to enable them to assume such risks and who have no need for immediate liquidity in their investment. Investing in our securities is appropriate only for holders who have the capacity to absorb a loss of some or all of their holdings.
We may not be able to maintain compliance with the continued listing requirements of the Nasdaq Capital Market.
Our common stock is listed on the Nasdaq Capital Market. To maintain that listing, we must satisfy minimum financial and other requirements including, without limitation, a requirement that our closing bid price be at least $1.00 per share.
On May 24, 2023, we were notified by Nasdaq Listing Qualifications Staff about bid price deficiency. The Company is reviewing plans to regain compliance with the $1.00 closing bid price requirement. If the Company does not regain compliance with the bid price requirement by November 30, 2023, the Company may be eligible for an additional 180-calendar day compliance period so long as it satisfies the criteria for initial listing on the Nasdaq Capital Market and the continued listing requirement for market value of publicly held shares and the Company provides written notice to Nasdaq of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary. If we fail to continue to meet all applicable continued listing requirements for The Nasdaq Capital Market in the future and Nasdaq determines to delist our common stock, the delisting could adversely affect the market liquidity of our common stock, our ability to obtain financing to repay debt and fund our operations.
We currently do not have enough authorized shares of common stock to issue all shares offered hereunder and we require stockholder approval and the subsequent filing with the Secretary of State of the State of Delaware a certificate of amendment to our second amended and restated certificate of incorporation to effect an increase of the authorized number of shares of common stock available for issuance under the At The Market Offering Agreement. There is no assurance that such stockholder approval will be obtained which will limit our ability to raise capital and could materially and adversely affect the Company’s business, financial condition and results of operations.
We do not have enough shares of Common Stock currently authorized under our second amended and restated certificate of incorporation (the “certificate of incorporation”) to issue all shares in the offering to pursuant to the At the Market Offering Agreement. We currently have 110,000,000 shares of common stock authorized under our certificate of incorporation. As of June 1, 2023, we had 53,097,236 shares of Common Stock issued and outstanding, 26,369,557 shares issuable upon exercise of outstanding warrants, 3,289,855 shares issuable upon exercise of outstanding options, 2,288,772 shares issuable upon vesting of outstanding restricted stock units,33,671 shares issuable upon outstanding restricted stock units that have vested, and 295,196 shares available for future issuance as awards under the Company’s 2021 Equity Incentive Plan. We currently do not have sufficient remaining authorized shares of Common Stock to fully utilize sales pursuant to the At The Market Offering Agreement unless and until an increase of our authorized shares of Common Stock is approved by stockholders and we file with the Secretary of State of the State of Delaware a certificate of amendment to our certificate of incorporation effecting such increase. If our stockholders do not approve the increase of authorized shares of Common Stock, our business development and financing alternatives will be limited by the lack of sufficient unissued and unreserved authorized shares of Common Stock, and stockholder value may be harmed, perhaps severely, by this limitation.
We have used almost all of our unreserved, authorized shares.
We have currently used almost all of our unreserved authorized shares and will need stockholder approval to implement an increase in our authorized shares of common stock. Our certificate of incorporation and the Delaware General Corporation Law (the “DGCL”), currently require the approval of stockholders holding not less than a majority of all outstanding shares of capital stock entitled to vote in order to approve an increase in our authorized shares of common stock. We currently plan to seek stockholder approval at our annual meeting, which is scheduled to be held on June 13, 2023. There are no assurances that stockholder approval will be obtained, in which event will be unable to raise additional capital through the issuance of shares of common stock to fund our future operations.
We have broad discretion in the use of proceeds from the offering.
Our management will have broad discretion with respect to the application of net proceeds received by us from the sale of the shares under this prospectus supplement and may spend such proceeds in ways that do not improve our results of operations or enhance the value of the securities. Any failure by management to apply these funds effectively could result in financial losses that could have a material adverse effect on our business or cause the price of our common shares to decline.
The Common Stock offered hereby will be sold in “at the market” offerings, and investors who buy shares at different times will likely pay different prices.
Investors who purchase shares in this offering at different times will likely pay different prices, and so may experience different outcomes in their investment results. We will have discretion, subject to market demand, to vary the timing, prices, and numbers of shares sold, and there is no maximum sales price. Pursuant to the At The Market Offering Agreement, our board of directors, or a duly authorized executive committee thereof, may authorize, from time to time, a minimum sales price per share of our common stock sold in this offering, which will limit the Company’s ability to make sales if the price goes below that minimum. Investors may experience a decline in the value of their shares as a result of share sales made at prices lower than the prices they paid.
You may experience immediate and substantial dilution in the net tangible book value per share of the Common Stock you purchase.
The price per share of our Common Stock being offered may be higher than the net tangible book value per share of our Common Stock outstanding prior to your purchase and in such case, you will suffer immediate dilution based on the difference between the price you pay per share of our Common Stock and our net tangible book value per share at the time of your purchase.
The actual number of shares we will issue and the total aggregate proceeds resulting from sales made under the At The Market Offering Agreement with Wainwright, at any one time or in total, is uncertain.
Subject to certain limitations in the At The Market Offering Agreement with Wainwright and compliance with applicable law, we have the discretion to deliver sales notices to Wainwright at any time throughout the term of the At The Market Offering Agreement. The number of shares that are sold by Wainwright after delivering a sales notice will fluctuate based on the market price of the Common Stock during the sales period and limits we set with Wainwright, and as such, it is not currently possible to predict the aggregate proceeds to be raised in connection with this offering or the number of shares that will ultimately be issued.
Future issuances of securities may result in substantial dilution to our existing stockholders and investors.
We may issue or sell additional shares of Common Stock or other securities that are convertible or exchangeable into shares of Common Stock in subsequent offerings or may issue additional shares of Common Stock or other securities to finance future acquisitions. We cannot predict the size or nature of future sales or issuances of securities or the effect, if any, that such future sales and issuances will have on the market price of the shares. Sales or issuances of substantial numbers of shares of Common Stock or other securities that are convertible or exchangeable into Common Stock, or the perception that such sales or issuances could occur, may adversely affect prevailing market prices of the Common Stock. With any additional sale or issuance of shares of Common Stock or other securities that are convertible or exchangeable into Common Stock, our stockholders will suffer dilution to their voting power and economic interest in the Company. Furthermore, to the extent holders of our stock options, warrants or other convertible securities convert or exercise their securities and sell the shares of Common Stock they receive, the trading price of the Common Stock on Nasdaq may decrease due to the additional amount of shares available in the market.
The market price of our Common Stock may be volatile.
The market price of our Common Stock may be volatile and subject to wide fluctuations in response to numerous factors, many of which are beyond our control. This volatility may affect the ability of holders of Common Stock to sell their securities at an advantageous price. Market price fluctuations in our Common Stock may be due to our operating results failing to meet expectations of securities analysts or investors in any period, downward revision in securities analysts’ estimates, adverse changes in general market conditions or economic trends, acquisitions, dispositions or other material public announcements by us or our competitors, along with a variety of additional factors. These broad market fluctuations may adversely affect the market price of the Common Stock.
Financial markets have periodically at times experienced significant price and volume fluctuations that have particularly affected the market prices of equity securities of companies and that have often been unrelated to the operating performance, underlying asset values or prospects of such companies. Accordingly, the market price of our Common Stock may decline even if our operating results, underlying asset values or prospects have not changed. Additionally, these factors, as well as other related factors, may cause decreases in asset values that are deemed to be other than temporary, which may result in impairment losses. There can be no assurance that continuing fluctuations in price and volume will not occur. If such increased levels of volatility and market turmoil continue, our operations could be adversely impacted, and the trading price of our Common Stock may be materially adversely affected.
Sales of a significant number of shares of our Common Stock in the public markets, or the perception that such sales could occur, could depress the market price of our Common Stock.
Sales of a significant number of shares of our Common Stock in the public markets, or the perception that such sales could occur as a result of our utilization of a universal shelf registration statement, our At The Market Offering Agreement with Wainwright or otherwise, could depress the market price of our Common Stock and impair our ability to raise capital through the sale of additional equity securities. We cannot predict the effect that future sales of our Common Stock or the market perception that we are permitted to sell a significant number of our securities would have on the market price of our Common Stock.
Resales of our Common Stock in the public market during this offering by our stockholders may cause the market price of our Common Stock to fall.
We may issue shares of Common Stock from time to time in connection with this offering. The issuance from time to time of these new shares of Common Stock, or our ability to issue new shares of Common Stock in this offering, could result in resales of shares our Common Stock by our current stockholders concerned about the potential dilution of their holdings. In turn, these resales could have the effect of depressing the market price for our Common Stock.
A liquid market in our Common Stock on Nasdaq may not be maintained.
Our stockholders may be unable to sell significant quantities of Common Stock into the public trading markets without a significant reduction in the price of their shares, or at all. There can be no assurance that there will be sufficient liquidity of the Common Stock on the trading market, and that we will continue to meet the listing requirements of Nasdaq or achieve listing on any other national securities exchange. There can be no assurance that an active and liquid market for our Common Stock will be maintained, and our stockholders may find it difficult to resell shares of Common Stock.
USE OF PROCEEDS
We may issue and sell shares of Common Stock having aggregate sales proceeds of up to $50,000,000 from time to time, before deducting sales agent commissions and expenses. The amount of proceeds from this offering will depend upon the number of shares of our Common Stock sold and the market price at which they are sold. There can be no assurance that we will be able to sell any shares under or fully utilize the At The Market Offering Agreement with Wainwright.
We intend to use the net proceeds to fund the operating expenses and capital expenses for product development and plan to make substantial investments over the next several years, among others, in new production equipment and warehousing, systems assembly line, MEA assembly automation, aeronautical stacks, facility expansion, new hirings and for working capital and general corporate purposes. Accordingly, we will have broad discretion in the application of the proceeds of this offering. We incurred operating losses and negative operating cash flow for the year ended December 31, 2022 and for the three months ended March 31, 2023. The Company expects to use the net proceeds from the offering in pursuit of its ongoing general business objectives. To that end, a substantial portion of the net proceeds from the offering are expected to be allocated to working capital requirements. To the extent that we have negative operating cash flows in future periods, we may need to deploy a portion of the net proceeds from the offering and/or our existing working capital to fund such negative cash flow.
Our ultimate use might vary substantially from what is stated in this prospectus supplement and will depend on a number of factors, including those referred to under “Risk Factors” in the accompanying prospectus and any other factors set forth in this prospectus supplement.
The amounts and timing of our use of the net proceeds from this offering will depend on a number of factors, such as the timing and progress of any collaborative or strategic partnering efforts, and the competitive environment for our products. As of the date of this prospectus supplement, we cannot specify with certainty all of the particular uses for the net proceeds to us from this offering. Accordingly, our management will have broad discretion in the timing and application of these proceeds.
All expenses relating to the offering under this prospectus supplement will be paid out of the gross proceeds of the offering.
PLAN OF DISTRIBUTION
We have entered into an At The Market Offering Agreement with Wainwright, pursuant to which we may issue and sell from time to time shares of our Common Stock having an aggregate offering price of up to $50,000,000 through Wainwright as our sales agent pursuant to this prospectus supplement and the accompanying prospectus. Sales of the shares of Common Stock, if any, will be made by any method permitted by law deemed to be an “at the market offering” as defined in Rule 415 promulgated under the Securities Act. If we and Wainwright agree on any method of distribution other than sales of shares on or through Nasdaq or another existing trading market in the United States at market prices, we will file a further prospectus supplement providing all information about such offering as required by Rule 424(b) under the Securities Act.
Wainwright will offer shares of our Common Stock at prevailing market prices subject to the terms and conditions of the At The Market Offering Agreement as agreed upon by us and Wainwright. We will designate the number of shares which we desire to sell, the time period during which sales are requested to be made, any limitation on the number of shares that may be sold in one day and any minimum price below which sales may not be made. Subject to the terms and conditions of the At The Market Offering Agreement, Wainwright will use its commercially reasonable efforts consistent with its normal trading and sales practices to sell on our behalf all of the shares requested to be sold by us. We or Wainwright may suspend the offering of the shares of Common Stock being made through Wainwright under the At The Market Offering Agreement upon proper notice to the other party.
Settlement for sales of Common Stock will occur on the second trading day or such shorter settlement cycle as may be in effect under Exchange Act Rule 15c6-1 from time to time, following the date on which any sales are made, or on some other date that is agreed upon by us and Wainwright in connection with a particular transaction, in return for payment of the net proceeds to us. Sales of our shares of our Common Stock as contemplated in this prospectus supplement and the accompanying prospectus will be settled through the facilities of The Depository Trust Company or by such other means as we and Wainwright may agree upon. There is no arrangement for funds to be received in an escrow, trust or similar arrangement.
We will pay Wainwright in cash, upon each sale of shares of our common stock pursuant to the At The Market Offering Agreement, a commission of 3.0% of the gross proceeds from each sale of shares. Because there is no minimum offering amount required as a condition to this offering, the actual total public offering amount, commissions and proceeds to us, if any, are not determinable at this time. Pursuant to the terms of the At The Market Offering Agreement, we agreed to reimburse Wainwright for the documented fees and costs of its legal counsel reasonably incurred in connection with entering into the transactions contemplated by the At The Market Offering Agreement in an amount not to exceed $50,000 in the aggregate, in addition to up to a maximum of $2,500 per due diligence update session conducted in connection with each such date the Company files its Quarterly Reports on Form 10-Q. We will report at least quarterly the number of shares of our Common Stock sold through Wainwright under the At The Market Offering Agreement, the net proceeds to us and the compensation paid by us to Wainwright in connection with the sales of shares of our Common Stock.
In connection with the sales of shares of our Common Stock on our behalf, Wainwright will be deemed to be an “underwriter” within the meaning of the Securities Act, and the compensation paid to Wainwright will be deemed to be underwriting commissions or discounts. We have agreed in the At The Market Offering Agreement to provide indemnification and contribution to Wainwright against certain liabilities, including liabilities under the Securities Act.
The offering of our shares of our Common Stock pursuant to the At The Market Offering Agreement will terminate upon the earlier of the sale of all of the shares of our Common Stock provided for in this prospectus supplement or termination of the At The Market Offering Agreement as permitted therein.
To the extent required by Regulation M, Wainwright will not engage in any market making activities involving our Common Stock while the offering is ongoing under this prospectus supplement.
From time to time, Wainwright may provide in the future various advisory, investment and commercial banking and other services to us in the ordinary course of business, for which they may receive customary fees and commissions. However, we have no present arrangements with Wainwright for any further services.
This prospectus supplement and the accompanying prospectus may be made available in electronic format on a website maintained by Wainwright, and Wainwright may distribute this prospectus supplement and the accompanying prospectus electronically.
The foregoing does not purport to be a complete statement of the terms and conditions of the At The Market Offering Agreement. A copy of the At The Market Offering Agreement is included as an exhibit to our Current Report on Form 8-K that will be filed with the SEC and incorporated by reference into the registration statement of which this prospectus supplement and the accompanying prospectus form a part. See “Where You Can Find More Information” and “Incorporation of Documents By Reference”.
https://www.sec.gov/Archives/edgadata/1744494/000182912623003885/adventtech_424b5.htm
submitted by jjgrey05 to AdventTechnologies [link] [comments]

2023.06.02 22:50 shrubby18 2022 Accord Hybrid EX-L Impressions after 2 Months

So i used to have a 2017 Hyundai Sonata Sport and traded in that car for a used 2022 Accord Hybrid EX-L with 5k miles on it. Mostly for the better mileage 35mpg vs 48mpg advertised
Here are my initial impressions of the Honda vs a 5 year old Hyundai after a couple months.
  1. Honda poor turning radius, can't pull into a lot of places because i have to stop and back up and pull in. Hyundai runs circles around it. Had very little problems in the same parking lots.
  2. No hood struts on the Honda? Like really for the amount you pay and the hood still only has a stick to hold it up and it's a very heavy hood as a small person would probably have trouble getting open. The cheap Hyundai had it as standard.
  3. No door sills, Again the cheap Hyundai had at least cheap plastic ones so you don't scratch your sill getting in and out with heels or boots.
  4. Auto trunk opening as you stand next to it only available on touring model. Mid level Sonata sport has it standard. This is really nice if you have you hands full and you walk up and the trunk pops open.
  5. While the Hyundai doesn't have wireless Android Auto the add on you can by works flawless and connects every time. The Honda version is hit or miss a lot of times and when it does connect it can take several minutes if it does connect.
  6. Wireless charging the Hyundai doesn't have either but the after market versions do a great job while the Honda version has a hard time keeping up with the charge especially if you're Android Auto or Car play running it seems. The phone gets very hot sometimes and would do good to have some venting/cooling in that compartment. Sometimes i have to plug directly into the USB charging to get it up to a good level.
  7. No auto cruise control on the Hyundai model i had. The Honda seems to do weird things like wanting to follow cars off into turn lanes or brake for cars in turn lanes as you're passing them.
  8. No auto breaking on the Hyundai model i had. The Honda can break hard and be jerky, seems it needs some more refinement on this and still warns you to brake! haha isn't that what auto braking is supposed to do for you?
  9. No lane keep assist on the Hyundai model i had. This is kind of weird also as it will want you to go with the turn lane and you have to fight it to keep with the main traffic lane sometimes. It will tell you to keeps hands on the wheel on long stretches' where you don't need to steer because it's a straight so you have to move the staring wheel to appease it lol. I think this may be the reason this car was used with only 5k miles on it.
  10. Engine noise during acceleration on both cars are loud yes because they are 4 cylinders but i thought the Honda would be more quiet with the electric motors but it seems to sound like it straining hard.
  11. Both have poor interior lighting and have replaced with LED's vs incandescent bulbs. Why do they even used those anymore?
  12. With Hypermiling the Honda i can get 55mpg but avg 52 on my daily combined city/highway driving. The Hyundai Hypermiling the best i could get was 39mpg. Both get around 600 miles on a tank 18gals on the Hyundai vs 12gals on the Honda. While Hyundai makes a a Hybrid Sonata, i've heard stories where you can't start the car if it's left for a few days like at the airport and coming back to a dead car so i chose the Honda because of that.
  13. 100k mile drive train warranty standard on the Hyundai, Option to buy up on the Honda. 5yr 60k miles standard bumper to bumper on the Hyundai, 3yr 36k miles on the Honda. One of the reasons i switched from my Civics to a Sonata.
So some things are a bit nit picking i know but it seems some standard equipment have just been short changed on the Honda for the level of vehicle.
I'll be looking to put struts on the hood and maybe there's a hack for the trunk opening?
What's everyone elses impressions/thoughts???
submitted by shrubby18 to accord [link] [comments]

2023.06.02 22:28 Senko_is_love Family car submission for pewds

Family car submission for pewds
I have compiled some of the best japanese family cars on sale today from a few different categories : full size suv, mid size sedan, compact sedan, hatchback and even a wagon. The main things i considered were : - it had to be spacious enough to fit a baby seat, seat 4 adults confortably and have adequate cargo space in the boot - it had to be reliable - it had to be japanese - it had to be new, on sale today - it had to be offered as a hybrid (i think it's worth getting a hybrid for the better gas mileage and smaller environmental impact in the long run) All these cars offer a great value for money, but in different categories :

1 is the Mazda CX-60, a new model from Mazda, a big, spacious suv, with a confortable interior, it is a great choice if you are looking for an suv. A smaller alternative could be a cx-50. The nissan qashqai is also a great smaller alternative.

2 is the Toyota camry, witch is the bigger, more premium sedan offering from toyota, and although it is due a refresh soon, the current model offers great reliability and fuel economy while also providing great confort, an alternative to this could be a honda accord, mazda 6 or a lexus es.

3 is the honda civic, a fabulous car, get this if you want something slightly smaller, but still big enough to fit the whole family. The new honda civic is really practical and is filled with technology, honda really built a good car this generation. Alternatives would be a mazda 3 or a toyota corolla hatchback.

4 is the new toyota prius. Again, a bit on the smaller side, but the new prius is plenty practical. As the OG hybrid car it will be hella reliable and will get great gas mileage.

5 is the toyota corolla wagon, a very stylish and practical car, although it might not be the most posh car on the block. Where it lacks in luxury it makes up for in great build quality and proven reliability. It is one of the best all-rounders money can buy right now.

I hope this list was comprehensive and helpful, have a very nice day :>
submitted by Senko_is_love to PewdiepieSubmissions [link] [comments]

2023.06.02 18:51 gobluetwo New HR-V or Used CR-V (both EX-L trim)

Considering a small SUV/crossover. Wife loves Honda and we've landed on either a new HR-V EX-L or used CR-V EX-L. Size is similar (2023 HR-V is only 2-3 inches shorter than the 2019-2022 CR-V).
Features seem pretty similar. Both have AA and Carplay and seem roomy/tall enough in the back for our dog. Differences I see:
2019-2020 CR-V has:
HR-V has:
Price is pretty similar for CPO 2019-2020 CR-V vs new 2023 HR-V; $31k for new HR-V EX-L and around $30k for lower mileage (under 40k) example CR-Vs and depending on CPO.
So what am I missing that would sway me in one direction or another?
submitted by gobluetwo to whatcarshouldIbuy [link] [comments]

2023.06.02 17:16 banana_jamma_ How many miles per tank are you getting?

I just bought a brand new 2023 Mazda3 S Select a couple of weeks ago and I’m getting abysmal gas mileage. I’ve used up about a tank and a half and only gotten 300 miles out of it. So I’m getting 200 miles per tank. Based on Mazda’s advertised MPG * 13.2 G capacity fuel tank, I should be getting around 360 to 400 miles per tank. I know this can vary based on how the person drives but I’m not a bad driver, I’ve always gotten somewhere close to the estimated fuel range in my previous cars, but with this I’m getting half…
How is everyone else’s fuel range?
Update: So a lot of people are noting that the above is not a good method. So here is an alternative, I’ve been keeping my gas receipts and resetting my trip odometer upon fill up. Last time I filled up 8.2 G and the odometer said 148.2 miles before I reset it. That’s about 18 MPG.
submitted by banana_jamma_ to mazda3 [link] [comments]

2023.06.02 15:26 GoStockGo Predictmedix Inc. (CSE: PMED, OTCQB: PMEDF) Special Report

Predictmedix Inc. (CSE: PMED, OTCQB: PMEDF) Special Report
Predictmedix – a great way to surf the Artificial Intelligence wave.
https://preview.redd.it/kg4bcsw4wl3b1.jpg?width=741&format=pjpg&auto=webp&s=728d042d11fd1e03cff86a22052e7f72345dbb08
There is a saying attributed to Mark Twain that goes, “History doesn’t repeat itself, but if often rhymes.” This means circumstances might be different but similar events often recur. This is good because securities regulators demand that you make it clear that in the financial markets, “Past performance is no guarantee of future results.”
However, investment analysts continue to use rhymes and here’s one that could help you see sizeable investment returns from Predictmedix Inc. (CSE: PMED, OTCQB: PMEDF). This is how the rhyme comes together:
A. The 1990s technology boom: The parallel I see is between the current Artificial Intelligence cycle and the dot-com stock market cycle of ≈1990 to ≈ 2002. As background, the 1990s either developed or laid the groundwork for changes that completely transformed the world we live in. Out of that time came many new technologies and related developments and each was highly disruptive. Here is a very brief list of some of those developments:
(1) Nokia was the first mass-produced cellphone offered in 1992 with the ability to send and receive phone calls as well as store data (e.g. phone numbers).
(2) The World Wide Web, a.k.a. the Web browser was proposed in 1990 and debuted in 1991. This was the start of the Internet, Websites, e-mails and a massive amount of information that would become available to everyone.
(3) With the explosion of data available, finding it became a challenge. Mosaic started as the first search engine in 1993 followed by Yahoo in 1994 and Google in 1998. Today, Google has risen to the top and become synonymous with an Internet search. Google it.
(4) Other important developments of that time included the growth in the capacity of microprocessors, Photoshop, texting, rechargeable lithium-ion batteries, realistic videogames for a more adult market, collecting and using DNA, the start of e-tailing and more.
(5) Finally, we have the stock market. Cisco, Dell, Intel and Microsoft are sometimes referred to as the four horsemen of the 1990s tech boom. But we can’t ignore Apple and Google and there were many more that benefited. The smaller, new, Initial Public Offering companies came to the fore with incredibly high returns in the second half of the 1990s.
The chart to the right shows how stock markets performed during the 1990’s high-tech boom. A few things are worth noting:
(1) The Dot.Com stock market cycle lasted a long t time. Essentially, more than the decade of the 1990s. It’s length reflected the importance of the fundamental changes taking place.
(2) There was an important development regarding the stock market that has become part of the stock market legend. On December 5, 1996, Federal Reserve Board Chairman Alan Greenspan in a televised speech used the term “irrational exuberance” to describe a stock market that he thought was highly speculative and overvalued. His comment was intended as a warning from the Fed that the stock market, driven by the high-tech developments described above, was overvalued. His timing was five years early which is a lifetime in the stock market.
(3) The five years after Greenspan’s “irrational exuberance” statement was the most profitable for investors of the entire ten years plus of the stock market cycle.
As you sit reading this brief, imagine your life without a cell phone, the Internet, e-mail and text messages. How different would your life be without just these four products that emerged from the 1990s. A more relevant question might be how different would your life be if you had purchased shares in Apple or Cisco or Dell or Google or Microsoft back then?
B. The Artificial Intelligence Boom (AI): The term Artificial Intelligence was created in 1955. The idea was to have a machine that could take data, and find patterns that would enable it to make predictions and reach conclusions (make decisions). The Oxford Dictionary defines AI as “The theory and development of computer systems able to perform tasks that normally require human intelligence, such as visual perception, speech recognition, decision-making, and translation between languages.”
It was Moore’s Law in 1975 that stated the capacity of semiconductors would continue to double every two years which enabled computers to be able to put into practice the AI Boom that is taking place today. Current forecasts say the AI industry will grow to $900 billion by 2026 and $15.7 trillion by 2030. AI growth in the 1920s could dwarf anything high-tech was able to accomplish in the 1990s.
(1) There is an Artificial Intelligence (AI) boom going on and many people don’t yet realize it is even happening. AI is used in:
i. Self-driving and parking cars. AI is used by Audi, Mercedes-Benz, Tesla, Toyota and Volvo.
ii. Maps and navigation. Enter where you are and where you want to go by car and Google Maps, for example, will give you a choice of routes, the time optimal route taking into account construction and traffic.
iii. Facial detection or recognition. Facial detection identifies a human face or facial recognition that identifies a specific face that can be used for surveillance and security.
iv. Digital assistants such as Amazon’s Alexa, Apple’s Siri, Google’s Now and Microsoft’s Cortana. When combined with search and recommendation AI, Alexa or Siri is able to learn your preferences and recommend things you are interested in.
v. Customer service chatbots that answer frequently asked questions, track orders or direct calls. Often people will be unaware they are dealing with a machine.
vi. Vehicle recognition use computer vision and deep learning to find a specific car on a surveillance video.
vii. Robot vacuums can scan a living area, look for and remember objects in the way, remember the best route for cleaning the area and decide how many times it should repeat cleaning a specific area.
It is estimated that by 2030, between 400 and 800 million jobs will be displaced by Artificial Intelligence and 375 million people will have to change to a totally different type of work. It is also forecast that it is not just lower-paying, blue-collar jobs that will be replaced by AI. Jobs such as accountants, lawyers, doctors, investment advisors and portfolio managers might all be substantially eliminated. AI will impact all industries and the rate of change will be exponential, that is, the rate of change will accelerate.
For example, what does a doctor do? In general, a doctor gathers new information, refers to a patient’s medical history, refers to a medical book or today’s Internet, makes a diagnosis and provides s treatment. This is also what a lawyer does. AI might reach the point where it can do it faster and better than a human..
AI does present threats to human existence. As AI is changing exponentially, it will happen faster than the technology boom of the 1990s. It took technology 20 years to produce the changes we discussed above. AI could produce equivalent changes in 10 or 15 years. For example, ChatGPT, an AI product went from zero to 100 million users within months making it the fastest-growing consumer software product in history. There will be others.
(2) The AI shift could drive economic change and a stock market cycle at least as significant as the last “dot.com” cycle. The “go-to” companies today for participation in AI are the likes of Alphabet (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN), Meta (NASDAQ: META), Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA) and Oracle (NYSE: ORCL). These are very large companies. GOOGL has a market cap of $1.6 trillion, AMZN has a market cap of $1.2 trillion, META has a market cap of $$648 billion, MSFT has a market cap of $2.4 trillion, NCDA has a market cap of $963 billion and ORCL has a market cap of $282 billion.
(3) While these are excellent businesses, they are also amongst the world’s largest companies. In 2022, GOOGL, META and MSFT purchased 2 out of every 3 AI chips. In my opinion, it is almost unthinkable that GOOGL can be a ten-bagger from a base market cap of $1.6 trillion or AMZN from $1.2 trillion. But it is clear these stocks now have a major component of their value derived from involvement in Artificial Intelligence and it is not surprising that early adopters would choose a lower risk/lower return approach to gain exposure to an emerging Artificial Intelligence industry.
(4) The changes created by AI also carry some risks. The speed of change will be challenging to human beings. There are forecasts that say one in four workers globally will see their jobs disappear and one in eight workers will have to be retrained in a totally unrelated field. During the industrial revolution and the tech boom, there was always the promise of more and better jobs. With AI we may have reached the point where machines actually do replace workers.
(5) Cathie Wood is a well-known and widely followed money manager with a reputation for expertise in the Artificial Intelligence sector. Wood manages a range of portfolios including the ARK Innovation Exchange Traded Fund (ARKK) and since its founding in 2014, Bloomberg estimates NDVA has contributed 13% of the fund’s 112% total return only behind Grayscale Bitcoin Trust, Invitae Corp and Tesla. That is all positive but Wood sold the ARKK holding in NVDA in January 2023 just before it rallied strongly adding some $560 billion to its market cap with $200 billion coming on one day after reporting earnings. Wood’s investors have basically missed the huge rally in the stock and the sector in 2023.
(6) But there is another phase I would look for and that is the participation of smaller, retail investors. Whether it was in the tech cycle I discussed above, the “meme” stocks or commodity exploration and development cycles in the past, the retail investor buys in before the bull market ends. Market pundits such as Citi global asset allocation and Vanda Research make the same observation: where is the retail investor?
We know the institutional investors have been getting in. So far in 2023 according to Bloomberg, the top 4% of stocks in the S&P 500 have contributed 94% of the index return and 8 of the top 20 include Apple, Microsoft, Amazon, Alphabet Class A, NVIDIA, Alphabet Class C, Tesla and Meta. In other words, the top 2% of the stocks in the S&P 500 contributed 94% of the return. Through mid-May, if the AI stocks are omitted, the S&P Index would be down -1.4% instead of up +8.3%. All of these stocks are AI leaders and each of them is an institutional stock. Yet, I believe the retail investor will come into the market and when they do, it is stocks like PMED for which they have always had an appetite.
C. I think investors will get more bang for their buck by investing in a small company like Predictmedix Inc. (CSE: PMED, OTCQB: PMEDF) with a total commitment to AI. From a base market cap of $16.6 million and, as I have pointed out in recent reports, many different business verticals to get them higher, I see PMED as a unique opportunity for aggressive growth investors. It is hard to imagine any decade having more of an impact on the ensuring socio-economic decades than the 1990s. Imagine your activities today without your cellphone, Internet, email and texting.
I expect the cycle driven by AI to be a long one, similar to the dot-com cycle that lasted longer than the decade of the 1990s. To the right is a chart published by Luke Lango’s Hypergrowth Investing. It shows the stock market in the 1990s and overlays current results. The parallels Lango sees include:
• Federal Reserve’s tight money policy slowed economic growth in 1990 as it is doing currently.
• In 1990, the markets were down around 20% and in 2022 stocks dropped around 25%.
• In late 1990, the Fed started reducing interest rates and the markets rebounded.
• In late 2022, the Fed has turned less hawkish and into 2023 has slowed the pace of interest rate increases. The markets have been recovering.
• In the early 1990’s, the dot-com stock market rally began and the market would advance generally higher for the rest of the decade and into the new millennium.
• Today, it is Artificial Intelligence that is pushing stocks higher and given my expectations for AI, it could stock prices higher until at least 2030.
Conclusion: I believe Predictmedix Inc. (CSE: PMED, OTCQB: PMEDF) is exceptionally well positioned to participate in the upcoming boom in Artificial Intelligence. There are many different ways to describe market cycles that evolve around such drivers. Here is mine:
  1. Accumulation: the earliest buyers tend to be larger institutions that gain the information necessary to be early adopter. I have given several statistics to show this has been happening.
  2. Retail Participation/Speculation: as the story gains acceptance, less experienced investors enter the market and prices begin to rise more quickly. After two to three years of combined buying by large and small investors, it is possible to identify speculative activities such as very rapid increases in a stock price or underwritings of companies based on questionable valuations. This is the next phase I see ahead for the current AI cycle.
  3. Distribution/Sale: At some point, toward the end of the Retail Participation/Speculation phase, some investors will begin to sell. It is popular to believe that institutional investors or “smart money” sell at this stage. During the many years, I have spent in the investment business, this is not true. Institutions can hold on to their AI stocks for far too long and end up seeing their portfolios incinerated. This is still many years away. The challenge today with a stock like PMED is not getting out; it is getting in.
  4. Bear Market: eventually there will be a broad sell-off of AI stocks. Some institutions will sell without regard for their impact on the market. Margin buyers will get margin calls and may be forced to sell again without regard to price. At this time, over half of the AI companies trading at that time will simply disappear. Some will be successful but remain smaller. Some will merge with another AI company. Some will be acquired. Very few will survive and become leaders in the industries. They will become the Alphabets, Amazons, Metas, Microsofts, Nvidias, and Oracles of the 2040s and 2050s.
I started out with the quote “History doesn’t repeat itself, but it often rhymes.” So I don’t think the AI cycle of the 2020s will be the same as the high-tech cycle of the 1990s but I think it will be similar. If you agree, Predictmedix Inc. (CSE: PMED, OTCQB: PMEDF) is a stock to buy for your portfolio.
submitted by GoStockGo to StonkFeed [link] [comments]

2023.06.02 15:25 GoStockGo Predictmedix Inc. (CSE: PMED, OTCQB: PMEDF) Special Report

Predictmedix Inc. (CSE: PMED, OTCQB: PMEDF) Special Report
Predictmedix – a great way to surf the Artificial Intelligence wave.
https://preview.redd.it/32yljrc6wl3b1.jpg?width=741&format=pjpg&auto=webp&s=af6eca4f1a380c15e08b20f6e4603b4836535991
There is a saying attributed to Mark Twain that goes, “History doesn’t repeat itself, but if often rhymes.” This means circumstances might be different but similar events often recur. This is good because securities regulators demand that you make it clear that in the financial markets, “Past performance is no guarantee of future results.”
However, investment analysts continue to use rhymes and here’s one that could help you see sizeable investment returns from Predictmedix Inc. (CSE: PMED, OTCQB: PMEDF). This is how the rhyme comes together:
A. The 1990s technology boom: The parallel I see is between the current Artificial Intelligence cycle and the dot-com stock market cycle of ≈1990 to ≈ 2002. As background, the 1990s either developed or laid the groundwork for changes that completely transformed the world we live in. Out of that time came many new technologies and related developments and each was highly disruptive. Here is a very brief list of some of those developments:
(1) Nokia was the first mass-produced cellphone offered in 1992 with the ability to send and receive phone calls as well as store data (e.g. phone numbers).
(2) The World Wide Web, a.k.a. the Web browser was proposed in 1990 and debuted in 1991. This was the start of the Internet, Websites, e-mails and a massive amount of information that would become available to everyone.
(3) With the explosion of data available, finding it became a challenge. Mosaic started as the first search engine in 1993 followed by Yahoo in 1994 and Google in 1998. Today, Google has risen to the top and become synonymous with an Internet search. Google it.
(4) Other important developments of that time included the growth in the capacity of microprocessors, Photoshop, texting, rechargeable lithium-ion batteries, realistic videogames for a more adult market, collecting and using DNA, the start of e-tailing and more.
(5) Finally, we have the stock market. Cisco, Dell, Intel and Microsoft are sometimes referred to as the four horsemen of the 1990s tech boom. But we can’t ignore Apple and Google and there were many more that benefited. The smaller, new, Initial Public Offering companies came to the fore with incredibly high returns in the second half of the 1990s.
The chart to the right shows how stock markets performed during the 1990’s high-tech boom. A few things are worth noting:
(1) The Dot.Com stock market cycle lasted a long t time. Essentially, more than the decade of the 1990s. It’s length reflected the importance of the fundamental changes taking place.
(2) There was an important development regarding the stock market that has become part of the stock market legend. On December 5, 1996, Federal Reserve Board Chairman Alan Greenspan in a televised speech used the term “irrational exuberance” to describe a stock market that he thought was highly speculative and overvalued. His comment was intended as a warning from the Fed that the stock market, driven by the high-tech developments described above, was overvalued. His timing was five years early which is a lifetime in the stock market.
(3) The five years after Greenspan’s “irrational exuberance” statement was the most profitable for investors of the entire ten years plus of the stock market cycle.
As you sit reading this brief, imagine your life without a cell phone, the Internet, e-mail and text messages. How different would your life be without just these four products that emerged from the 1990s. A more relevant question might be how different would your life be if you had purchased shares in Apple or Cisco or Dell or Google or Microsoft back then?
B. The Artificial Intelligence Boom (AI): The term Artificial Intelligence was created in 1955. The idea was to have a machine that could take data, and find patterns that would enable it to make predictions and reach conclusions (make decisions). The Oxford Dictionary defines AI as “The theory and development of computer systems able to perform tasks that normally require human intelligence, such as visual perception, speech recognition, decision-making, and translation between languages.”
It was Moore’s Law in 1975 that stated the capacity of semiconductors would continue to double every two years which enabled computers to be able to put into practice the AI Boom that is taking place today. Current forecasts say the AI industry will grow to $900 billion by 2026 and $15.7 trillion by 2030. AI growth in the 1920s could dwarf anything high-tech was able to accomplish in the 1990s.
(1) There is an Artificial Intelligence (AI) boom going on and many people don’t yet realize it is even happening. AI is used in:
i. Self-driving and parking cars. AI is used by Audi, Mercedes-Benz, Tesla, Toyota and Volvo.
ii. Maps and navigation. Enter where you are and where you want to go by car and Google Maps, for example, will give you a choice of routes, the time optimal route taking into account construction and traffic.
iii. Facial detection or recognition. Facial detection identifies a human face or facial recognition that identifies a specific face that can be used for surveillance and security.
iv. Digital assistants such as Amazon’s Alexa, Apple’s Siri, Google’s Now and Microsoft’s Cortana. When combined with search and recommendation AI, Alexa or Siri is able to learn your preferences and recommend things you are interested in.
v. Customer service chatbots that answer frequently asked questions, track orders or direct calls. Often people will be unaware they are dealing with a machine.
vi. Vehicle recognition use computer vision and deep learning to find a specific car on a surveillance video.
vii. Robot vacuums can scan a living area, look for and remember objects in the way, remember the best route for cleaning the area and decide how many times it should repeat cleaning a specific area.
It is estimated that by 2030, between 400 and 800 million jobs will be displaced by Artificial Intelligence and 375 million people will have to change to a totally different type of work. It is also forecast that it is not just lower-paying, blue-collar jobs that will be replaced by AI. Jobs such as accountants, lawyers, doctors, investment advisors and portfolio managers might all be substantially eliminated. AI will impact all industries and the rate of change will be exponential, that is, the rate of change will accelerate.
For example, what does a doctor do? In general, a doctor gathers new information, refers to a patient’s medical history, refers to a medical book or today’s Internet, makes a diagnosis and provides s treatment. This is also what a lawyer does. AI might reach the point where it can do it faster and better than a human..
AI does present threats to human existence. As AI is changing exponentially, it will happen faster than the technology boom of the 1990s. It took technology 20 years to produce the changes we discussed above. AI could produce equivalent changes in 10 or 15 years. For example, ChatGPT, an AI product went from zero to 100 million users within months making it the fastest-growing consumer software product in history. There will be others.
(2) The AI shift could drive economic change and a stock market cycle at least as significant as the last “dot.com” cycle. The “go-to” companies today for participation in AI are the likes of Alphabet (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN), Meta (NASDAQ: META), Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA) and Oracle (NYSE: ORCL). These are very large companies. GOOGL has a market cap of $1.6 trillion, AMZN has a market cap of $1.2 trillion, META has a market cap of $$648 billion, MSFT has a market cap of $2.4 trillion, NCDA has a market cap of $963 billion and ORCL has a market cap of $282 billion.
(3) While these are excellent businesses, they are also amongst the world’s largest companies. In 2022, GOOGL, META and MSFT purchased 2 out of every 3 AI chips. In my opinion, it is almost unthinkable that GOOGL can be a ten-bagger from a base market cap of $1.6 trillion or AMZN from $1.2 trillion. But it is clear these stocks now have a major component of their value derived from involvement in Artificial Intelligence and it is not surprising that early adopters would choose a lower risk/lower return approach to gain exposure to an emerging Artificial Intelligence industry.
(4) The changes created by AI also carry some risks. The speed of change will be challenging to human beings. There are forecasts that say one in four workers globally will see their jobs disappear and one in eight workers will have to be retrained in a totally unrelated field. During the industrial revolution and the tech boom, there was always the promise of more and better jobs. With AI we may have reached the point where machines actually do replace workers.
(5) Cathie Wood is a well-known and widely followed money manager with a reputation for expertise in the Artificial Intelligence sector. Wood manages a range of portfolios including the ARK Innovation Exchange Traded Fund (ARKK) and since its founding in 2014, Bloomberg estimates NDVA has contributed 13% of the fund’s 112% total return only behind Grayscale Bitcoin Trust, Invitae Corp and Tesla. That is all positive but Wood sold the ARKK holding in NVDA in January 2023 just before it rallied strongly adding some $560 billion to its market cap with $200 billion coming on one day after reporting earnings. Wood’s investors have basically missed the huge rally in the stock and the sector in 2023.
(6) But there is another phase I would look for and that is the participation of smaller, retail investors. Whether it was in the tech cycle I discussed above, the “meme” stocks or commodity exploration and development cycles in the past, the retail investor buys in before the bull market ends. Market pundits such as Citi global asset allocation and Vanda Research make the same observation: where is the retail investor?
We know the institutional investors have been getting in. So far in 2023 according to Bloomberg, the top 4% of stocks in the S&P 500 have contributed 94% of the index return and 8 of the top 20 include Apple, Microsoft, Amazon, Alphabet Class A, NVIDIA, Alphabet Class C, Tesla and Meta. In other words, the top 2% of the stocks in the S&P 500 contributed 94% of the return. Through mid-May, if the AI stocks are omitted, the S&P Index would be down -1.4% instead of up +8.3%. All of these stocks are AI leaders and each of them is an institutional stock. Yet, I believe the retail investor will come into the market and when they do, it is stocks like PMED for which they have always had an appetite.
C. I think investors will get more bang for their buck by investing in a small company like Predictmedix Inc. (CSE: PMED, OTCQB: PMEDF) with a total commitment to AI. From a base market cap of $16.6 million and, as I have pointed out in recent reports, many different business verticals to get them higher, I see PMED as a unique opportunity for aggressive growth investors. It is hard to imagine any decade having more of an impact on the ensuring socio-economic decades than the 1990s. Imagine your activities today without your cellphone, Internet, email and texting.
I expect the cycle driven by AI to be a long one, similar to the dot-com cycle that lasted longer than the decade of the 1990s. To the right is a chart published by Luke Lango’s Hypergrowth Investing. It shows the stock market in the 1990s and overlays current results. The parallels Lango sees include:
• Federal Reserve’s tight money policy slowed economic growth in 1990 as it is doing currently.
• In 1990, the markets were down around 20% and in 2022 stocks dropped around 25%.
• In late 1990, the Fed started reducing interest rates and the markets rebounded.
• In late 2022, the Fed has turned less hawkish and into 2023 has slowed the pace of interest rate increases. The markets have been recovering.
• In the early 1990’s, the dot-com stock market rally began and the market would advance generally higher for the rest of the decade and into the new millennium.
• Today, it is Artificial Intelligence that is pushing stocks higher and given my expectations for AI, it could stock prices higher until at least 2030.
Conclusion: I believe Predictmedix Inc. (CSE: PMED, OTCQB: PMEDF) is exceptionally well positioned to participate in the upcoming boom in Artificial Intelligence. There are many different ways to describe market cycles that evolve around such drivers. Here is mine:
  1. Accumulation: the earliest buyers tend to be larger institutions that gain the information necessary to be early adopter. I have given several statistics to show this has been happening.
  2. Retail Participation/Speculation: as the story gains acceptance, less experienced investors enter the market and prices begin to rise more quickly. After two to three years of combined buying by large and small investors, it is possible to identify speculative activities such as very rapid increases in a stock price or underwritings of companies based on questionable valuations. This is the next phase I see ahead for the current AI cycle.
  3. Distribution/Sale: At some point, toward the end of the Retail Participation/Speculation phase, some investors will begin to sell. It is popular to believe that institutional investors or “smart money” sell at this stage. During the many years, I have spent in the investment business, this is not true. Institutions can hold on to their AI stocks for far too long and end up seeing their portfolios incinerated. This is still many years away. The challenge today with a stock like PMED is not getting out; it is getting in.
  4. Bear Market: eventually there will be a broad sell-off of AI stocks. Some institutions will sell without regard for their impact on the market. Margin buyers will get margin calls and may be forced to sell again without regard to price. At this time, over half of the AI companies trading at that time will simply disappear. Some will be successful but remain smaller. Some will merge with another AI company. Some will be acquired. Very few will survive and become leaders in the industries. They will become the Alphabets, Amazons, Metas, Microsofts, Nvidias, and Oracles of the 2040s and 2050s.
I started out with the quote “History doesn’t repeat itself, but it often rhymes.” So I don’t think the AI cycle of the 2020s will be the same as the high-tech cycle of the 1990s but I think it will be similar. If you agree, Predictmedix Inc. (CSE: PMED, OTCQB: PMEDF) is a stock to buy for your portfolio.
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2023.06.02 12:15 nehasingh02 Car Rental Services: Convenience, Choice, and Cost-effectiveness

Car Rental Services: Convenience, Choice, and Cost-effectiveness
Car rental services have revolutionized the way people travel, providing a convenient and flexible alternative to owning a car. Whether you're planning a vacation, a business trip, or simply need temporary transportation, renting a car offers numerous advantages. In this article, we will explore the benefits of car rental service in Ratnagiri , provide tips for choosing the right provider, offer guidance for a smooth rental experience, discuss common mistakes to avoid, and provide safety considerations for renting a car. So buckle up and let's hit the road!

1. Introduction to car rental services

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Car rental services have gained immense popularity in recent years, catering to the needs of travelers worldwide. These services allow individuals to rent a vehicle for a specific period, ranging from a few hours to several weeks. Car rental companies offer a wide range of vehicles, from economy cars to luxury sedans and SUVs, ensuring there's a suitable option for every budget and preference.

2. Benefits of renting a car

Convenience and flexibility

One of the primary advantages of renting a car is the convenience it offers. Unlike public transportation or relying on taxis, renting a car provides you with the freedom to explore your destination at your own pace. You're not limited by schedules or routes, allowing you to discover hidden gems off the beaten path. Whether it's a spontaneous road trip or sticking to a planned itinerary, a rented car offers unparalleled flexibility.

Cost-effectiveness

Contrary to popular belief, renting a car can be cost-effective, especially for specific travel needs. If you're traveling with a group or have multiple destinations to visit, renting a car can be more economical than relying on other modes of transportation. Additionally, car rental services often have competitive rates, especially when booking in advance or during off-peak seasons. Renting also saves you from the costs associated with owning a car, such as maintenance, insurance, and parking fees.

Variety of vehicle options

Car rental services provide a wide range of vehicle options to suit different preferences and requirements. Whether you need a compact car for city driving or a spacious SUV for a family trip, you can choose the vehicle that best fits your needs. Furthermore, many car rental companies offer additional features like GPS navigation systems, child car seats, and roadside assistance, enhancing the overall travel experience.

No maintenance or repair costs

When you rent a car, you don't have to worry about maintenance or repair costs. The rental company takes care of routine maintenance, ensuring that the vehicle is in good condition and safe to drive. If any issues arise during your rental period, you can contact the rental company, and they will provide assistance or replace the car if necessary. This saves you from unexpected expenses and the hassle of dealing with repairs.

Access to newer car models

Renting a car allows you to experience the latest car models without the commitment of buying. Car rental companies often update their fleets regularly, providing customers with access to newer and more technologically advanced vehicles. Whether you want to test drive a luxury car or experience the latest safety features, renting allows you to enjoy the benefits of driving a new model without the long-term commitment.
With the benefits of car rental services established, let's delve into the process of choosing the right provider and ensuring a smooth rental experience.

3. How to choose the right car rental service

When it comes to selecting a car rental service, it's essential to do your homework to make an informed decision. Here are some tips to help you choose the right provider:

Research and compare options

Start by researching different car rental companies in your desired location. Compare their offerings, pricing, and policies. Look for reputable companies with a track record of providing reliable service and customer satisfaction.

Consider pricing and rental policies

Compare the prices offered by different car rental companies, taking into account any additional fees or charges. Pay attention to the rental policies, including mileage limits, fuel policies, and penalties for late returns. Make sure the pricing and policies align with your travel plans and budget.

Check customer reviews and ratings

Reading customer reviews and ratings can provide valuable insights into the quality of service offered by a car rental company. Look for feedback regarding the condition of the vehicles, customer support, and overall experience. Choose a company with positive reviews and high ratings to ensure a smooth rental experience.

Assess additional services and features

Consider any additional services or features that may enhance your travel experience. Some car rental companies offer perks like free airport pickup and drop-off, loyalty programs, or the option to add a second driver. Evaluate these extras and determine their value based on your needs.

4. Tips for a smooth car rental experience

Renting a car can be a straightforward process if you follow these tips for a smooth experience:

Make a reservation in advance

To ensure the availability of your preferred vehicle, it's advisable to make a reservation in advance. This is especially important during peak travel seasons when demand is high. Booking ahead also gives you the opportunity to compare prices and secure the best deal.

Understand rental terms and conditions

Before signing a rental agreement, carefully read and understand the terms and conditions. Pay attention to details such as insurance coverage, liability, and restrictions on mileage or travel to certain areas. If anything is unclear, don't hesitate to ask the rental company for clarification.

Inspect the car before renting

Before driving off, thoroughly inspect the rental car for any existing damages. Note down any scratches, dents, or mechanical issues and inform the rental company to avoid potential disputes when returning the vehicle. Taking photos or videos of the car's condition can serve as evidence in case of disagreements.

Take note of existing damages

In addition to inspecting the car, it's crucial to document any existing damages using the rental company's provided checklist. Make sure both you and the rental company representative acknowledge and sign the document. This will protect you from being held responsible for damages that were present before you rented the vehicle.

Familiarize yourself with the rental process

Before hitting the road, familiarize yourself with the rental process. Understand how to operate the car, adjust the mirrors and seats, and use any additional features such as GPS or Bluetooth connectivity. If you're unsure about anything, don't hesitate to ask the rental company for assistance.
By following these tips, you can ensure a smooth and hassle-free car rental experience. However, it's crucial to be aware of common mistakes that many people make when renting a car.

5. Common mistakes to avoid when renting a car

To make the most of your car rental experience, steer clear of these common mistakes:

Not reading the rental agreement thoroughly

One of the most significant mistakes people make is not reading the rental agreement thoroughly. The rental agreement outlines important details, such as the rental period, terms and conditions, and any additional fees. By carefully reviewing the agreement, you can avoid surprises and ensure a clear understanding of your responsibilities and rights as a renter.

Neglecting to check for hidden fees

Always be aware of any hidden fees that may be included in your rental agreement. These can include additional charges for mileage overages, late returns, or cleaning fees. By understanding the fee structure upfront, you can plan your budget accordingly and avoid unexpected expenses.

Ignoring insurance options

When renting a car, the rental company will typically offer you insurance coverage options. Ignoring these options or assuming you're already covered can be a costly mistake. Review your existing insurance policies to determine if they provide coverage for rental cars. If not, consider purchasing the rental company's insurance to protect yourself in case of an accident or damage to the vehicle.

Failing to return the car on time

Returning the car late can result in additional charges, as most car rental companies have strict return policies. Plan your rental period carefully and allow for extra time if needed. Returning the car on time will not only save you money but also ensure a positive rental experience.

Mishandling fuel policies

Car rental companies have different fuel policies, ranging from returning the car with a full tank to paying for a full tank upfront. Make sure you understand the fuel policy and adhere to it. Returning the car with less fuel than required can result in excessive refueling charges.
Avoiding these common mistakes will help you make the most of your car rental experience and save you from unnecessary stress and expenses.

6. Car rental tips for international travelers

If you're planning to rent a car in a foreign country, here are some additional tips to consider:

Check driving license requirements

Different countries have varying requirements for driving licenses. Before traveling, ensure that your license is valid in the destination country. If necessary, obtain an international driving permit (IDP) to supplement your license. Research the specific requirements of the country you plan to visit to avoid any legal issues.

Familiarize yourself with local traffic rules

Every country has its own set of traffic rules and regulations. Familiarize yourself with these rules to ensure a safe and lawful driving experience. Pay attention to speed limits, road signs, and local driving customs. Adhering to the local traffic rules will help you avoid fines and accidents.

Understand insurance coverage abroad

Insurance coverage may vary when renting a car abroad. Check if your existing insurance policies provide coverage in the destination country. If not, inquire about insurance options offered by the rental company. It's essential to have adequate coverage to protect yourself and the rental vehicle.

Consider the need for a GPS or navigation system

Driving in an unfamiliar location can be challenging, especially in foreign countries. Consider renting a car with a GPS or navigation system to assist you in finding your way. Alternatively, you can use smartphone applications that offer offline maps and navigation to ensure a smooth driving experience.

7. Safety considerations when renting a car

Safety should always be a top priority when renting a car. Here are some key safety considerations:

Inspect safety features of the rental car

Before driving off, inspect the safety features of the rental car. Check the condition of the seatbelts, airbags, brakes, and headlights. Ensure that all safety features are functioning correctly to minimize the risk of accidents.

Check for recalls or safety issues

It's crucial to check if the rental car has any recalls or safety issues. This information can usually be found on the manufacturer's website or by contacting the rental company. Renting a car with unresolved safety issues can put you at risk, so it's important to address any concerns before driving the vehicle.

Follow local driving laws and regulations

When driving in a new location, always follow the local driving laws and regulations. Pay attention to speed limits, traffic signals, and road signs. Be aware of any specific rules, such as driving on the opposite side of the road, if applicable. Adhering to local laws will help ensure your safety and the safety of others on the road.

Ensure proper car seat installation for children

If you're traveling with children, it's essential to ensure proper car seat installation. Familiarize yourself with the local laws regarding child safety seats and follow the manufacturer's instructions for installation. Your rental company may offer car seats for rent, or you can bring your own to ensure the safety of your child.

8. The future of car rental services

As technology continues to advance, the future of car rental services looks promising. Here are some trends to look out for:

Rise of electric and autonomous vehicles

With the growing emphasis on sustainability, car rental companies are starting to introduce electric and hybrid vehicles into their fleets. These environmentally friendly options provide customers with a greener alternative and contribute to reducing carbon emissions. Additionally, as autonomous vehicle technology develops, car rental services may incorporate self-driving cars into their offerings, providing even more convenience and flexibility.

Integration with ride-sharing platforms

Car rental services are increasingly integrating with ride-sharing platforms, creating new opportunities for customers. Some rental companies now offer the option to rent a car for ride-sharing purposes, allowing individuals to earn income while using a rented vehicle. This integration provides an additional source of revenue and flexibility for both rental companies and customers.

Enhanced customer experience through technology

Technology is playing a significant role in enhancing the customer experience in car rental services. Mobile applications allow customers to easily book and manage their rentals, access roadside assistance, and receive real-time updates. Additionally, digital platforms provide personalized recommendations and tailored offers based on customers' preferences and travel history, making the overall rental experience more convenient and enjoyable.
As we look to the future, the car rental industry is set to evolve and adapt to the changing needs and expectations of customers, offering innovative solutions and improved services.

9. Conclusion

Car rental services provide a convenient, flexible, and cost-effective solution for travelers and temporary transportation needs. By renting a car, you can enjoy the freedom to explore at your own pace, choose from a variety of vehicle options, and avoid maintenance and repair costs. However, it's crucial to choose the right car rental service, follow tips for a smooth rental experience, and be mindful of common mistakes to avoid. Additionally, safety considerations, especially when renting abroad, play a vital role in ensuring a secure and enjoyable journey. With advancements in technology and the rise of electric and autonomous vehicles, the future of car rental services promises even more convenience and innovation.

FAQs

1. Is it cheaper to rent a car or use public transportation?
The cost of renting a car versus using public transportation depends on various factors such as the location, duration of the trip, and number of people traveling. In some cases, public transportation may be more cost-effective, especially in cities with well-developed transit systems. However, renting a car offers more flexibility and convenience, particularly when exploring rural areas or traveling with a group.
2. Can I rent a car if I'm under 25 years old?
Many car rental companies have age restrictions and may charge additional fees for drivers under 25 years old. However, some companies offer rentals to younger drivers with certain conditions, such as higher insurance coverage or additional fees. It's best to check with the rental company beforehand to understand their policies regarding young drivers.
3. Can I rent a car without a credit card?
Most car rental companies require a credit card for the reservation and payment process. A credit card is typically used as a security deposit and to cover any additional charges or damages. However, some companies may accept debit cards or offer alternative payment options. It's essential to check with the rental company regarding their payment policies before making a reservation.
4. Can I rent a car for one-way travel?
Yes, many car rental companies offer one-way rentals, allowing you to pick up a car from one location and return it to another. One-way rentals can be convenient for road trips or when traveling between cities. However, keep in mind that some companies may charge an additional fee for one-way rentals, so it's advisable to check the terms and conditions beforehand.
5. Can I modify or cancel my car rental reservation?
Most car rental companies allow modifications or cancellations to reservations, but there may be certain conditions or fees involved. It's recommended to review the rental company's policies regarding modifications and cancellations before making a reservation. Additionally, consider purchasing travel insur
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2023.06.02 09:22 Researchnester192 Vibration Sensor Market Recent Trends and Business Opportunities 2017 to 2024

Vibration Sensor Market Recent Trends and Business Opportunities 2017 to 2024
Recent report published by research nester titled “Vibration Sensor Market: Global Historical Growth (2017-2024) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation” delivers detailed overview of the vibration sensor market in terms of market segmentation by product type, by equipment, by material, by application and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The vibration sensor market has been segmented by product type into accelerometers, electrodynamics velocity transducer and non-contact displacement transducer. Among these segments, the accelerometers vibration sensor segment is expected to dominate the overall vibration sensor market during the forecast period.
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The global market for vibration sensor is anticipated to flourish at a compound annual growth rate of 11.2% during the period 2017-2024. Factors such as the growing use of wireless vibration sensors for vibration monitoring in order to reduce the cost of equipment downtime are making headway for the growth of the global vibration sensor market.
Moreover, high demand for vibration sensor systems worldwide by the countries is anticipated to positively boom the global Vibration Sensor Market by noteworthy revenue by the end of 2024.
In the regional segment, North America is projected to dominate the overall market of vibration sensor during the forecast period. This can be attributed to high usage of vibration sensors in airline industry to reduce the turbulence. Moreover, the advancement in the vibration sensor is growing with respect to its size, load capacity and frequency range.
These factors are envisioned to fuel the growth of the North America vibration sensor market. Further, Europe is poised to record fastest growth rate during the forecast period owing to factors such as self-generating capability and wide range of frequency. Additionally, use of vibrations sensors along with piezoelectric accelerometers is estimated to drive the growth of Asia Pacific vibration sensor market at a considerable rate.
Growing Demand for Security Features
Growing safety & aid features offered by the usage of vibration sensor has increased the protection over machines. This factor is anticipated to supplement the growth of the global vibration sensor market. Further, increase in monitoring and safety features across the globe is anticipated to intensify the growth of the global vibration sensor market. In addition, high accuracy of measurement through these sensors is anticipated to positively drive the growth of the global vibration sensor market.
However, the availability of other vibration measuring devices might deter the growth of vibration sensor market in coming years.
This report also provides the existing competitive scenario of some of the key players of the vibration sensor market which includes company profiling of ASC GmbH, Dytran Instruments Inc., TE Connectivity Ltd., Honeywell International Inc., FUTEK Advanced Sensor Technology Inc., National Instruments Corporation, Colibrys Ltd., Hansford Sensors Ltd. and Robert Bosch GmbH.
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The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the vibration sensor market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Also from this source:
Mobile Computing Devices Market Fiber Optic Test Equipment Market Skype Certified Headset Market Portable Solar Charger Market Over the Air Testing Market
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Research Nester is a one-stop service provider, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives to make wise decisions for their future investment and expansion by providing them qualitative market insights and strategies while avoiding future uncertainties. We believe in honesty and sheer hard work that we trust is reflected in our work ethics. Our vision is not just limited to gain the trust of our clients but also to be equally respected by our employees and being appreciated by the competitors.
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2023.06.02 08:57 mallikmallu Top Data Science Trends for 2023

Top Data Science Trends for 2023

Introduction

Data science trends in 2023
Data Science Trends for 2023 are set to shape the future of data-driven decision-making. Thanks to the rapid progress of Data Science and AI, organisations may use cutting-edge technology and processes to derive useful insights from huge data sets. These themes cover a wide range of innovations, such as AI-driven analytics, automated machine learning projects, augmented reality in data visualisation, improvements in natural language processing, and federated learning for improved privacy and cooperation.
Organisations can remain ahead of the curve and use the power of data science to drive innovation, improve operations, and gain a competitive edge by comprehending and embracing these trends. As these changes transform our use of data in 2023 and beyond, data professionals must stay current and adapt to them.

Data Science Trends for 2023

Artificial Intelligence

Data science will undergo a revolution in 2023 due to AI, opening up new possibilities. AI algorithms and approaches allow robots to mimic human intellect, allowing them to carry out complex operations and make independent judgements. There are several advantages to this combination of AI and data science.
First, the pattern recognition skills of AI algorithms allow for discovering intricate links and patterns within enormous datasets that may be difficult for humans to notice. Second, as AI systems learn from previous data and produce trustworthy projections for future events, predictive modelling gets more accurate and precise. Additionally, AI-assisted automation of analytical procedures minimises human labour and accelerates data-driven insights, boosting productivity and efficiency.
A better comprehension of data and the ability to make wise judgements that promote development and success are made possible by the synergy between AI and data science. Data science in 2023 promises to open up new vistas in knowledge discovery and problem-solving, with AI at its core.

Machine Learning

The data science landscape and the Data Science Trends for 2023 are expected to be dominated by machine learning (ML), a subset of artificial intelligence (AI). Systems may learn from data and increase performance without explicit programming thanks to machine learning (ML) methods. By 2023, ML will be a fundamental component of Data Science thanks to its revolutionary impact on various Data Science applications, including fraud detection, predictive analytics, and recommendation systems.
Data science in 2023 will continue to advance due to developments in machine learning algorithms, deep learning architectures, and neural networks that will open up new opportunities for extracting knowledge from large-scale datasets. The constant advancement of ML approaches will encourage the creation of cutting-edge methods for handling data issues and enabling more precise forecasts and insights. In this data-driven era, organisations rely on ML-driven models to find important information, acquire a competitive edge, and make wise decisions.
The growing use and deployment of ML methods will characterise Data Science Trends in 2023. As ML algorithms advance, businesses and sectors will see ground-breaking improvements in data analysis, pattern identification, and predictive modelling. By 2023, data science will have revolutionised how businesses operate and generate value from their data assets by utilising ML developments to unleash the full potential of data and create disruptive transformations across industries.

Augmented Reality

In 2023, Augmented Reality (AR) will become a game-changing technology in data science trends. By fusing the physical and digital worlds, augmented reality (AR) improves data scientists' view of and engagement with their surroundings, revolutionising data science in 2023. Augmented reality (AR), which offers immersive and interactive experiences, might transform data visualisation and analysis.
Its applications also include collaborative analytics, data exploration, and visualisation, allowing users to make data-driven choices more naturally and interestingly.
Data scientists may seamlessly integrate data into the actual world by using AR to overlay data points, charts, and graphs onto the real-world environment. Data scientists have a strong tool at their disposal in the form of augmented reality (AR), according to the trends in data science in 2023, which paves the way for novel data analysis and decision-making methods.

Natural Language Processing (NLP)

According to data science trends, Natural Language Processing (NLP) will play a significant part in defining data science in 2023. NLP aims to make it possible for computers to comprehend, translate, and create natural language, revolutionising how we interact with textual data. In 2023, the area of NLP will continue to advance thanks to developments in chatbot creation, sentiment analysis, and language translation.
NLP techniques like text mining, sentiment analysis, and named entity identification will be essential to gain useful insights from unstructured data sources like social media, customer reviews, and text documents. Organisations may extract valuable information from these enormous textual resources using NLP in Data Science, allowing data-driven decision-making and competitive advantage in 2023.
Improved natural language processing promotes innovation. A shift in how organisations extract knowledge from the textual domain in Data Science will result from the continuous development of NLP approaches and algorithms.

Federated Learning

Federated Learning stands out in the landscape of Data Science Trends as a disruptive strategy tackling data privacy and security issues in Data Science in 2023. Federated learning enables models to be trained locally on distant data sources. It is becoming more popular as businesses seek ways to collaborate and get insights without jeopardising sensitive data.
Federated learning under this decentralised paradigm assures privacy compliance while utilising the combined wisdom of several datasets to produce improved models and more precise predictions. Federated learning will revolutionise data science in 2023 thanks to its capacity to protect data privacy and promote collaborative research.
Organisations can use dispersed data's potential without the requirement for centralised data transmission or storage, promoting innovation and advancing the industry. Federated learning offers a privacy-preserving method for releasing the full potential of dispersed data resources in 2023 and beyond, and it is a critical enabler in the changing landscape of data science trends.

Importance of Data Science in 2023

Data science trends are crucial for businesses using data-driven decision-making to achieve a competitive advantage. Utilising the main Data Science Trends of AI, ML, AR, NLP, and federated learning will be essential for gaining insightful information, streamlining procedures, and fostering creativity across sectors. You can hone your skills and knowledge by taking online certification courses. Data scientists, who will be at the forefront of data science in 2023, will be essential in converting raw data into information organisations can use to stay adaptable and make wise strategic decisions.
  • Competitive Edge: By utilising the potential of AI, ML, AR, NLP, and federated learning, Data Science Trends give businesses a competitive edge. Businesses may extract priceless insights, spot patterns, and make data-driven choices that provide them with a major competitive edge in 2023 by adopting these cutting-edge technologies in data science.
  • Actionable Insights: Data scientists, who will play a major role in data science in 2023, are skilled at sifting through large databases for significant patterns, trends, and correlations. They give businesses useful insights through data analysis and interpretation that help them make strategic decisions, streamline procedures, and expand their operations.
  • Agility and Adaptability: Organisations need to be flexible and adaptive in the Data Science Trends landscape 2023, given its fast evolution. Thanks to data science, businesses can analyse real-time data, spot new patterns, and react quickly to shifting market conditions. Organisations can make data-driven choices because of their agility, which keeps them one step ahead of the competition and in line with their strategic objectives.
  • Enhanced Customer Experience: Organisations may thoroughly grasp client preferences, behaviour, and demands thanks to data science trends. Businesses may personalise experiences, conduct targeted marketing efforts, and increase overall customer happiness by using consumer data with AI, ML, NLP, and AR. This improved customer experience encourages retention, growth, and customer loyalty.
  • Innovation and Optimization: By revealing hidden patterns and insights that result in ground-breaking solutions, 2023's data science trends will help to drive innovation. Organisations may stimulate innovation, maximise profitability, and maintain their competitive edge in a data-driven world by optimising processes, enhancing efficiency, and spotting possibilities for cost reductions.
As businesses strive to use the potential of AI, ML, AR, NLP, and federated learning for competitive advantage, actionable insights, agility, improved customer experiences, and innovation, data science is of utmost significance. Businesses that want to succeed in the data-driven world in 2023 must embrace data science not merely out of necessity but also out of strategic necessity.

How Can You Make A Career in Data Science in 2023?

There are various crucial things to consider in 2023 for people who want to work in the data science area. First and foremost, it's crucial to build a solid foundation in arithmetic, statistics, and programming languages like Python and R. Your knowledge and abilities can also be improved by enrolling in appropriate educational programmes, online courses, and certifications. Learnbay’s data science course will help you stand out among the rest. It focuses on domain specialisation.
Participation in data science contests and practical experience with real-world data projects may improve your portfolio. Finally, ensuring your abilities are current and in demand requires continuously studying new trends, technologies, and procedures.

The Bottom Line

The data science environment is being formed as we set off on the trip of 2023 with important developments, including AI, ML, AR, NLP, and federated learning. These developments are pushing the limits of what is feasible in data analysis and decision-making, fueling ground-breaking innovations. For businesses and data, professionals who want to fully utilise data science in the years to come, embracing and comprehending these trends is essential.
Businesses may gain a competitive edge, stimulate innovation, and make wise decisions based on data-driven insights by keeping up with the newest advancements and adopting these disruptive technologies into their plans. The capacity to adapt and take advantage of these trends will be a crucial difference in this quickly expanding area. It will help practitioners succeed and realise the full potential of data science in the dynamic and data-centric era of 2023 and beyond.
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2023.06.02 06:48 spermarketreseach Electric Vehicle Battery Market Growth 2023, Revenue, Trends Analysis, Key Manufacturers, Demand, Business Opportunity and Future Share 2022-2032: SPER Market Research

Electric Vehicle Battery Market Growth 2023, Revenue, Trends Analysis, Key Manufacturers, Demand, Business Opportunity and Future Share 2022-2032: SPER Market Research
The growing adoption of electric vehicles around the globe, deducting battery prices, and growing investment by leading automotive OEMs to prevent the battery supply chain for their future electric vehicles are some of the primary aspects boosting the growth of this global market. The growing adoption of electric mobility in underdeveloped regions, increasing investments in enhancing lithium-ion battery capacity, and rising deployment of battery-as-a-service provide progressive growth choices for market players. Moreover, with augmented sales of electric vehicles, the e-mobility trend is probably to attain traction over the reviewed duration. The unremitting implementation of integrated charging stations, as well as the construction of green power generation abilities, would add to the market’s growth potential.
According to the SPER market research, ‘Electric Vehicle Battery Market Size- By Propulsion Type, By Battery Type, By Vehicle Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2032’ state that the global EV battery market is anticipated to reach USD 353.60 billion by 2032 with a CAGR of 20.15%.
EV Battery Market Future Scope
The growing awareness concerning the benefits of electric vehicles, the increasing popularity of improved electric vehicles, and the rising production capacities by the topmost automakers are the popular aspects that are propelling the growth of the global EV battery market. The increasing government initiatives to encourage the implementation of EVs by incentivizing the producers and by proposing subsidies to the clients are positively propelling the sales of EVs.
The policies of the government to encourage the establishment of charging stations through public-private partnerships are predicted to foster the growth of the market during the near future. The mounting investments in urbanization and the mounting government investments in infrastructural improvement are estimated to support the growth of the EV battery market during the review period. The growing innovations in the technologies and the deducting battery prices are anticipated to foster the implementation of EVs around the world.
Around urban locations, where daily driving distances are shorter on average, more fuel-efficient and smaller cars are more common. By the coming future, it is projected that a great percentage of the world’s population will reside around urban locations, growing the requirement for electric vehicles. The variety of electric vehicles enlarges as battery technology improves. For individuals who commute a long distance, EVs with prolonged range are more feasible. Great-speed charging will also become a reality owing to charger performance and battery innovations, decreasing downtime while driving. Therefore, the growing requirement for EVs will propel the EV battery market.
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Nonetheless, speedy electrification is one of the growing trends in the market. The government’s aim of establishing a robust network of EV charging stations and the EV ecosystem to drive the acceptance of emission-free mobility is predicted to propel the global EV battery market growth. Furthermore, OEM’s emphasis on embracing electrification more broadly is also propelling the global market.
North America controlled a considerable market share during recent past years. Growing requirement for BEVs around the U.S. is propelling the market growth. The U.S. government is extremely aimed at decreasing its dependency on China for the supply chain. Hence, growing government investment to boast localized component producing and strengthen the EV supply chain is probably to foster market growth around the region.
Electric Vehicle Battery Market Key Market Players:
The study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as: Beijing Pride Power Battery Technology Co Ltd, BYD Company Limited (BYD Auto Co. Ltd.), Enersys, GSR Capital, LG Chem Ltd., Mitsubishi Electric Corporation, Panasonic Corporation, Samsung Electronics Co. Ltd., Tianneng Power International Limited, Wanxiang Group Corporation.
Global EV Battery Market Segmentation:
By Propulsion Type: Based on the Propulsion Type, Global EV Battery Market is segmented as; Battery Electric Vehicle, Hybrid Electric Vehicle, Plug in Hybrid Electric Vehicle.
By Battery: Based on the Battery Type, Global EV Battery Market is segmented as; Lead Acid Battery, Nickel Metal Hydride Battery, Lithium-ion Battery.
By Vehicle: Based on the Vehicle, Global EV Battery Market is segmented as; Passenger Car, Commercial Vehicle, Two-Wheeler.
By Region: Due to urbanization and increased buying power in various nations, including China, India, Malaysia, and Japan, Asia Pacific is the largest region for EV batteries and is anticipated to have quicker growth throughout the projected period. Demand is further anticipated to increase throughout the projection period due to the government's emphasis on converting two- and three-wheelers into electric cars. Additionally, consumer awareness of clean energy and the fact that China is the world's largest producer of electric cars and that India is the top importer of lithium-ion batteries are all expected to boost revenue growth. This report also provides the data for key regional segments of North America, Europe, Asia-Pacific and Rest of the World.
For More Information, refer to below link:-
EV Battery Market Future Outlook
Related Reports:
Electric Scooter Market Size- By Product, By Battery, By Voltage, By Technology Usage- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Asia Pacific Electric Bus Market Size- By Vehicle Type, By Power Source Type, By Consumer- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
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2023.06.02 03:06 sarecycling Everything you should Know About a Biomass Carbonization Machine

Everything you should Know About a Biomass Carbonization Machine
In today's society, there is an increased center on sustainable energy sources and sustainable practices. The best way to give rise to this effort is to apply a biomass carbonization machine. This machine turns organic waste into biochar, which can be used as a soil amendment or fuel source. Using a biomass carbonization machine, you may make your business more sustainable and reduce your environmental impact.
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How Can a Biomass Carbonization Machine Help Your Business

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A biomass carbonization machine might help your business in lots of ways. For just one, it can help you to lessen your carbon footprint. By converting biomass into charcoal, it is possible to reduce the quantity of greenhouse gases emitted to the atmosphere. Additionally, a biomass carbonization machine can help you to save on waste disposal costs. By turning waste into charcoal, it is possible to avoid costly landfill fees.
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It could even allow you to create a new revenue stream for your personal business. Selling the charcoal that you produce means generating additional income for your personal company. In sum, a biomass carbonization machine might have numerous benefits for your business. Investing in one can be quite a wise decision for virtually any company trying to reduce its environmental impact and boost its financial well being.
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How to Pick the Best Biomass Carbonization Machine for Your Requirements

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When it comes to selecting the best biomass carbonization machine to meet your needs, it's important to consider a few key factors. First, look at the capacity you require. Exactly how much biomass do you wish to have the capacity to process at any given time? Don't forget to take into consideration the degree of automation at the same time. Some machines are entirely automated, while some require manual input at various stages from the process.
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You should also look at the size and layout of the space. Some machines are compact and can be installed in a small area, and some are larger and require extra space for operation. By taking all of these factors into account, you can be assured to select the right machine to meet your needs.
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https://preview.redd.it/spvmfb0c8i3b1.jpg?width=1300&format=pjpg&auto=webp&s=142669d60c02989cbf8a68635ab210b29c06bd08

The Fee for Owning and Operating a Biomass Carbonization Machine

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The cost of owning and operating a biomass carbonization machine may differ according to numerous factors, including the size and kind of machine, the capability, as well as the location. However, generally, the fee for a biomass carbonization machine ranges from $5,000 to $10,000. The price of operation is dependent upon the fuel source.
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Biomass carbonization machines can be used to convert a number of organic materials into charcoal, including sawdust, wood chips, branches, and leaves. These machines are becoming increasingly popular instead of conventional methods of producing charcoal, for example burning wood within a kiln. Biomass carbonization machines offer a variety of advantages over other methods, including higher efficiency, lower emissions, and the capability to develop a consistent product.
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Maintenance Strategies for Your Biomass Carbonization Machine

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In order to prolong the service life of the device and improve its working efficiency, regular maintenance is essential. Here are some tips for you:
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  • Check the inlet and outlet regularly to see if there may be any blockage. If yes, clean it up without delay.
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  • Inspect the inside of the machine regularly to examine for ash build-up.
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  • Examine the blades and also other moving parts for damage. Based on the harshness of the harm, you might have to replace them.
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  • Every once in a while, lubricate all of the moving parts to keep them in excellent condition.
By using these maintenance tips, you are able to ensuring that your biomass carbonization machine works properly and lasts for a long time.
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2023.06.02 02:36 adoptedschitt Avila Energy: A special situation with a large potential return

Avila Energy (CA: VIK, OTC: PTRVF), an established Canadian oil and gas producer, is on the verge of a potentially transformative merger that could bring immense rewards for its shareholders. The company has agreed to combine with Special Purpose Acquisition Company (SPAC) Insight Acquisition (NYSE: INAQ).
The proposed transaction, as detailed at the link below, will allow for Avila to up-list onto the Nasdaq, enhance its ongoing carbon-neutral business strategy, and further strengthen the capitalization of the company with an expected combined entity market cap of over $190 Million.
https://www.globenewswire.com/news-release/2023/04/03/2640013/0/en/Avila-Energy-Corporation-Expects-to-List-on-Nasdaq-Through-Business-Combination-with-Insight-Acquisition-Corp.html
This article will discuss the specifics of the deal, Avila's potential to diversify its revenue stream, and how it presents a rare special situation investment opportunity that could potentially lead to a total return of 1450%.
A Breakdown of the Deal
The Avila and Insight Acquisition merger is a complex one, but is potentially extremely lucrative for existing Avila shareholders. Under the agreement, Insight will continue from the State of Delaware to the Province of Alberta and acquire Avila in an amalgamation pursuant to a court-approved plan of arrangement under Alberta law.
According to the agreement, the fully diluted common shares of Avila, currently numbering 150,540,414, will be exchanged for 12,580,000 common shares of Insight Acquisition. This exchange ratio translates to about 11.97 shares of Avila for each share of Insight Acquisition.
Avila shareholders will own the following interest in the post-closing combined company:
100% Redemption (Proceeds retained from trust of US$ 1,250,000) 67.2% by Avila's shareholders;
50% Redemption (Proceeds retained from trust of US$15,781,215) 62.4% by Avila's shareholders;
0% Redemption (Proceeds retained from trust of US$29,062,430) 57.9% by Avila's shareholders.
At present, Avila shares trade at USD $0.0588 (5.88 cents), while Insight Acquisition shares trade at USD $10.23. However, given the merger and based on the exchange ratio, the post-merger price for each Avila share is projected to rise to around $0.855. This implies a staggering potential increase of up to 1450% for Avila shareholders, and forms the basis of the arbitrage opportunity that Avila presents as a special situation investment.
Avila Energy and Its Future
Looking beyond the merger, Avila Energy presents an interesting opportunity as a stand-alone company
Avila's strategic growth plan is divided into three phases:
  1. Upstream, where it plans to invest towards becoming a low-cost, carbon-neutral energy producer.
  2. Downstream, diversifying its revenue stream through the development of direct-to-consumer sales, aiming to boost demand, margins, and profitability.
  3. Providing customers with the option to convert to Avila’s developing hydrogen-fueled solutions, expected to be commercially available in 2027, as part of its Corporate Vision.
The company has a diversified and growing portfolio of 100%-owned and operated wells, three oil and natural gas processing facilities, 150,000 acres of leased exploration rights, and over 300 kms of gathering and sales pipelines.
The P&L displays robust numbers with $3.08 M in net revenue, more than 50% margins, with the majority of the revenue attributable to clean burning natural gas.
Avila currently has a 2P valuation of CAD $30.7 Million and a 1P valuation of CAD $7.8 Million with a current market cap of CAD $8.9 Million. As of year-end 2022, the company also had CAD $6.5 Million of cash, CAD $2.067 Million of Debt, and a positive shareholder equity of CAD $53.17 Million. These third-party audited reserves, as presented below from Deloitte, are a vast value relative to the company’s current market cap.
Reserves Highlights
Avila Energy’s reserves on a Proven + Probable basis (2P) for the Company is 5,256,100 BOE valued at CAD$30.734 million based on a net present value discounted 10% before income taxes (NPV10% BT).
The CAD $30.734 million is an estimate of future cash flows and do not necessarily represent fair market value and is supported by a sustainable capital program of CAD $10.432 million for proved reserves and CAD $17.517 million for proved plus probable reserves.
Clean Energy Future
Moreover, beyond being a traditional oil company, Avila is set to launch its “Vertically Integrated Energy Business, through its partnership with MTT. Supported by over a decade of R&D, including Avila's equity investment in Micro Turbine Technology (MTT), this venture promises to leverage innovative cleantech. Avila is aiming to deliver its first direct-to-consumer energy sales in North America in 2023. It also is targeting net-zero tier 3 (scope 3) CO2 emission energy for consumers by 2027.
The EnerTwin is a small, environmentally friendly power plant that simultaneously produces heat and electricity using the smallest gas turbine in the world. It runs on natural gas, LPG, biomethane, and hydrogen mixes, and thereby facilitates the energy transition to a low-carbon future in buildings.
Avila Energy says it has purchased a license for the manufacturing and marketing of the EnerTwin in the North American market. Beginning in 2026, Avila plans to sell 50,000 EnerTwin systems in North America as part of an integrated offering that also includes the provision of energy to their end customers.
To achieve this goal, the company has laid out the following timeline:
  1. 2nd quarter of 2023 the preparation and filing of the application for the Canadian Standards Association (“CSA”) and Underwriter Laboratories (“UL”) Certifications for the EnerTwin in North America, based on past applications for CSA approval of KIWA certified equipment. The Company has estimated that this process is anticipated to 10-12 months in duration. 1st half of 2023 the commencement of pre-sales and servicing of the EnerTwin that are conditional on the Company attaining CSA and UL approval. In the event that the CSA and UL approval is not attained, the sales would be refunded to customers.
  2. The development of the Company’s manufacturing of the EnerTwin, including the assembly or 3rd part manufactured subassemblies and the final testing prior to shipping to the customer. The ramp up of this manufacturing facility is to be completed in parallel to the CSA approval, with the first 100 installations being demonstration installations to be replace by CSA approved equipment within targeted markets in North America utilizing the EnerTwin as KIWA Certified equipment.
  3. Initial contracts are anticipated to be executed 3 months after receiving CSA Certification.
The Company’s Vertically Integrated Energy Business is based on the following assumptions:
a) Power, Heat, Cooling and Daily Transportation in one invoice;
b) Reduce Consumers Carbon footprint by 40% and save the consumer money;
c) Mitigates concern for brownouts and protection from increasing transmission fees;
d) Fixed Contract plus only an annual inflation adjustment; and
e) Capacity to transition to Hydrogen in the future.
The Company’s long-term goal is to allocate a portion of its natural gas production to its newly acquired customers as a source of fuel with the cost of energy being billed to the customer at a fixed price plus an annual inflation rate adjustment. The Company’s strategy is to include the delivery of fuel and the maintenance, under long-term contracts that offers price stability. The Company plans to continue to still sell their current suite of customers in addition to the newly acquired customers from the Vertically Integrated Business.
The Company assumes early market development will qualify for government subsidies both in Canada and the United States as an efficient upgrade and or substitute for current heating and cooling. For example, the Company anticipates that the EnerTwin will qualify under the existing Canadian Greener Homes Program which will offer rebates on eligible home retrofits.
Conclusion: A Rare Opportunity
Special situation investments like Avila's proposed SPAC up listing do not come often. They offer a chance for significant potential returns but are also complex and require a deep understanding of the specifics of the deal. For Avila shareholders, the potential upside of 1450% presents a remarkable opportunity. However, potential investors should conduct their own research and due diligence or consult with a financial advisor before making any decisions. With Avila's strong business foundation, ambitious future plans, and the exciting prospect of its up listing through the merger with Insight Acquisition, the future indeed looks bright.
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