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EnerSpar Updates Extension for Filing Financial Statements and Related Documents and Updates on Previously Pending Mindfull Transaction

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Calgary, Alberta–(Newsfile Corp. – July 5, 2020) –  EnerSpar Corp. (TSXV: ENER) (FSE: 5E0) (“EnerSpar”) confirmed today that it is continuing to take advantage of the 45 day extension available for filing quarterly financial statements and related materials in ASC Blanket Order 51-517 which is expected to conclude with the required filings being done by July 14, 2020.EnerSpar also reports that it has been informed that Mindfull has filed a Notice of Intention to file a Proposal under the Bankruptcy and Insolvency Act and to disclaim the Transaction under the Business Combination Agreement (as Extended) announced Feb. 21, 2019. EnerSpar has not received any details from Mindfull but must infer that the Transaction will not Close or be further extended and that EnerSpar will be a significant creditor in Mindfull’s Proposal.About EnerSpar:EnerSpar is a TSX Venture Exchange Tier II listed exploration company focused on industrial minerals oriented to today’s and future energy requirements. Potassic feldspars are especially significant as a hardening agent in solar panels.Additional InformationAdditional information regarding EnerSpar is available on SEDAR and EnerSpar’s website at www.enerspar.com.ON BEHALF OF THE BOARD OF DIRECTORS:Jay Richardson, Chief Executive Officer and DirectorContact: info@enerspar.comToronto Office: 416-410-JAYR [5297].READER ADVISORYCompletion …

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Got change?: Temporary shortage has financial institutions asking customers to cash in their coins

got change?: temporary shortage has financial institutions asking customers to cash in their coins

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Oklahoma football: Gerald Gurney says NCAA needs new leadership

oklahoma football: gerald gurney says ncaa needs new leadership

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Gerald Gurney spent 18 years as director for academics and student life in the OU athletic department. Since 2011, Gurney has been an OU assistant professor in of Educational Leadership, Educational Psychology and Policy Studies, and Human Relations. Gurney is a frequent critic of the NCAA and has teamed with Ohio University’s B. David Ridpath to write a reproach of NCAA president Mark Emmert.Mark Emmert’s Decade of DisasterBy Dr. B. David Ridpath, Ohio University& Dr. Gerald Gurney, University of Oklahoma

In fall 2020, Dr. Mark Emmert will reach a decade as president of the NCAA, the nation’s largest tax-exempt and educational non-profit governing college sport. Last year, his contract was extended until to 2023. Emmert earned a staggering $3.9 million in total compensation last year, including an annual salary of $2.5 million.Emmert has enjoyed unwavering support from his board of governors despite steady and warranted criticism. After Emmert’s 2016 contract extension, the chair of the NCAA board of governors, Kansas State University president Kirk Schultz said, “I and the board feel strongly that Mark is integral in leading the association forward as we navigate the complex and challenging way ahead, while better supporting student-athletes.”Heading the NCAA has been personally profitable …

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Allegations of bias upend leadership at Vancouver’s Magenta Theater

allegations of bias upend leadership at vancouver’s magenta theater

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A few weeks ago, any underlying history of racial tension at Magenta Theater was just that: underlying, simply simmering.
Today, complaints of racism and bias that have erupted in all areas of American life — from streets and parks to police precincts and even the Vancouver Public Schools board — have also disrupted this town’s nonprofit community theater.
Founder and artistic director Jaynie Roberts, the friendly public face of Magenta Theater for nearly two decades, has resigned from the organization after a group complained to Magenta’s board of directors about her involvement in a racially charged Facebook conversation.
After the group demanded Roberts’ ouster, the Magenta board asked Roberts to step down temporarily and take racial sensitivity training. Roberts instead chose to quit the nonprofit organization that she launched in 2002 and labored to build into Vancouver’s premiere local theater.
“I decided to comply with (the complainants’) demand,” Roberts told The Columbian by email in late June. “It was apparent to me … that my remaining would have interfered with Magenta’s ability to take the necessary steps to diversify and be more reflective of our community.”

After Roberts resigned, the board received a complaint from Leann Johnson, a Black woman …

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Is WSFS Financial Corporation (WSFS) Going to Burn These Hedge Funds?

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At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. In this article, we will take a closer look at hedge fund sentiment towards WSFS Financial Corporation (NASDAQ:WSFS) at the end of the first quarter and determine whether the smart money was really smart about this stock.WSFS Financial Corporation (NASDAQ:WSFS) investors should be aware of a decrease in hedge fund interest recently. Our calculations also showed that WSFS isn’t among the 30 most popular stocks among hedge funds (click for Q1 rankings and see the video for a quick look at the top 5 stocks). Video: Watch our video about the top 5 most popular hedge fund stocks.According to most market participants, hedge funds are perceived as slow, old financial vehicles of yesteryear. While there are greater than 8000 funds trading today, Our experts hone in on the bigwigs of this group, approximately 850 funds. These investment experts manage most of the smart money’s total capital, and by …

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Twin Cities foundation leaders join forces to fund rebuilding efforts after George Floyd’s death

twin cities foundation leaders join forces to fund rebuilding efforts after george floyd’s death

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Pahoua Yang Hoffman, the new senior vice president of community impact at the St. Paul & Minnesota Foundation, is working with other nonprofit leaders to promote racial equity and help rebuild small, minority-owned businesses damaged in the unrest after George Floyd’s death on Memorial Day.

Hoffman joined Minnesota’s largest community foundation in mid-May after six years as executive director at the St. Paul-based Citizens League.

Floyd’s killing by Minneapolis police led Hoffman to team up with Chanda Smith Baker, senior vice president of impact at the Minneapolis Foundation, and Acooa Ellis, senior vice president of community impact at the Greater Twin Cities United Way.

In early June, their organizations created the Twin Cities Rebuild for the Future Fund to support small businesses damaged in the unrest. They announced June 25 that the fund will distribute $2.5 million to 11 nonprofits to help business owners pay for repairs, get technical assistance and disseminate information in their native languages.

A member of the St. Paul & Minnesota Foundation’s executive leadership team, Hoffman serves as its chief strategist for grant making.

Hoffman was born in Laos and immigrated to the United States with her parents after a year in a Thai refugee camp. She …

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Is Ellington Financial Inc. (EFC) A Good Stock To Buy?

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How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of capital and have to conduct due diligence while choosing their next pick. They don’t always get it right, but, on average, their stock picks historically generated strong returns after adjusting for known risk factors. With this in mind, let’s take a look at the recent hedge fund activity surrounding Ellington Financial Inc. (NYSE:EFC) and determine whether hedge funds had an edge regarding this stock.Is Ellington Financial Inc. (NYSE:EFC) worth your attention right now? The smart money was in a pessimistic mood. The number of long hedge fund positions shrunk by 1 recently. Our calculations also showed that EFC isn’t among the 30 most popular stocks among hedge funds (click for Q1 rankings and see the video for a quick look at the top 5 stocks). Video: Watch our video about the top 5 most popular hedge fund stocks.Hedge funds’ reputation as shrewd investors has …

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Cleveland police, leadership say ‘no excuse’ after 20 people shot and 3 killed over holiday weekend

cleveland police, leadership say ‘no excuse’ after 20 people shot and 3 killed over holiday weekend

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CLEVELAND (WJW) — The July 4 holiday left 20 people wounded and three people dead in Cleveland, police report.

In a joint statement today, Mayor Frank G. Jackson, Director Of Public Safety Karrie Howard and Police Chief Calvin D. Williams all expressed outrage over the incidents.

“Gun violence and violent crime is on the rise,” they said. “This holiday weekend specifically, the city of Cleveland has seen a large number of incidents involving shootings and tragically, three people killed. There is no excuse for this violent activity and police are actively pursuing the perpetrators. We remind citizens to do their part. If you see something, say something.”

The shooting incidents all occurred between 8 p.m. yesterday and 5 a.m. this morning.

Here’s what police are reporting about each of the incidents so far:

July 4

8 p.m.: A male arrived at the Cleveland Clinic with a gunshot wound to his arm. He was reportedly shot on East 148th Street.

9:30 p.m.: An 8-year-old girl was shot in the arm while traveling in the back seat of a car. There is no suspect at the time, but the child is in stable condition. The incident occurred at the corner of East 139th Street and …

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Are Narcissistic Leaders As Confident As They Appear?

are narcissistic leaders as confident as they appear?

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Inflated egos may mask deep inner insecurities – what does this mean for leadership?

Concept of ambitiousness, careerism. A golden egg walks through heads the white eggs.

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Scientific research suggests that it is shockingly common for narcissistic individuals to become powerful leaders, particularly when they are male. Perhaps this explains why it’s not terribly difficult to think of famous leaders who behave in entitled, self-important, overconfident, and self-absorbed ways. Or why a humble politician, entrepreneur, or business executive is as improbable as an Argentine vegan (in Argentina, where I grew up, veganism is even more improbable than humility, and a vegetarian is “someone who enjoys their steak with a salad”).
But, are narcissistic leaders really as confident as they seem? Leaving aside the non-trivial fact that their confidence is unlikely to reflect actual competence, as there is marginal overlap between how people think they are, and how good they actually are, an intriguing question is whether their apparent assertiveness and bravado truly derives from similar levels of inner confidence. So, even if narcissistic leaders lack the actual talents to match their grandiose self-presentation, can we be sure that their external confidence and bravado is genuine, to the point …

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HALL DEADLINE: Bronstein, Gewirtz & Grossman, LLC Reminds Hallmark Financial Services, Inc. Investors of Class Action and Lead Plaintiff Deadline: July 6, 2020

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New York, New York–(Newsfile Corp. – July 5, 2020) – Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Hallmark Financial Services, Inc. (“Hallmark” or “the Company”) (NASDAQ: HALL) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Hallmark securities between March 5, 2019 and March 17, 2020, inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/hall.This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) the Company lacked effective internal controls over accounting and financial reporting related to reserves for unpaid losses; (2) the Company improperly accounted for reserve for unpaid losses and loss adjustment expenses related to its Binding Primary Commercial Auto business; (3) as a result, Hallmark Financial would be forced to report a $63.8 million loss development for prior underwriting years; (4) as a result, Hallmark Financial would exit from its Binding Primary Commercial Auto business; and (5) as a result, defendants’ statements about its business, operations, …

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