Category: Article – Media

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Article: Mercurity Fintech Holding Inc.

Article - Media, Publications

Mercurity Fintech Holding Inc.

SEC, 20 May 2020

Mercurity Fintech Holding Inc. is regulated by the U.S. Security and Exchange Commission . Mercurity Fintech Holding Inc is primarely in the business of services-computer processing & data preparation. This page includes all SEC registration details as well as a list of all documents (S-1, Prospectus, Current Reports, 8-K, 10K, Annual Reports) filed by Mercurity Fintech Holding Inc..

JMU Ltd is an online platform providing B2B (Business to business) services to food-industry suppliers and customers in China. The company connects suppliers and customers in the food service industry through its online platform. It offers a selection of products at competitive prices through its website and mobile applications as well as it offers convenient payment options and comprehensive customer services.

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Article: Nano Dimension’s stock tumbles after share offering prices at deep discount — did ThinkEquity and Fordham Financial Screw Their Customer?

Article - Media

Nano Dimension’s stock tumbles after share offering prices at deep discount

Tomi Kilgore

MarketWatch, 20 May 2020

Shares of Nano Dimension Ltd. pulled a sharp U-turn to trade down 22% in premarket trading, to pullback from the previous session’s more-than 4-fold rally, after the Israel-based 3D printing company priced a share offering at a deep discount. The stock had been up as much as 91% early in the premarket session.

Continue reading “Article: Nano Dimension’s stock tumbles after share offering prices at deep discount — did ThinkEquity and Fordham Financial Screw Their Customer?”

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Article: Another U.S Bank Bailout Under Cover of a Virus

Article - Media

Another U.S Bank Bailout Under Cover of a Virus

Ellen Brown

Global Research, 19 May 2020

When the Dodd Frank Act was passed in 2010, President Obama triumphantly declared, “No more bailouts!” But what the Act actually said was that the next time the banks failed, they would be subject to “bail ins” – the funds of their creditors, including their large depositors, would be tapped to cover their bad loans.

Then bail-ins were tried in Europe. The results were disastrous.

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Article: SmileDirectClub Sues NBC Over News Report, Seeking $2.85 Billion

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SmileDirectClub Sues NBC Over News Report, Seeking $2.85 Billion

SmileDirectClub attorney was lawyer in suit against ABC News for stories on beef called ‘pink slime’ by critics

Benjamin Mullin

Wall Street Journal, 18 May 2020

Teledentistry company SmileDirectClub Inc. sued Comcast Corp.’s NBCUniversal, seeking nearly $3 billion in damages for what it alleges were defamatory news reports about the company’s treatment methods.

The suit, filed Monday in a Tennessee court, focuses on a Feb. 13 “NBC Nightly News” segment that described complaints by some SmileDirectClub customers and warnings about teledentistry from an orthodontics professor. The lawsuit also says that an online article accompanying the segment is inaccurate.

Paywall access to article.

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Article: DarkCyber Exclusive: Litigation Likely for Naked Short Selling

Article - Media

DarkCyber Exclusive: Litigation Likely for Naked Short Selling

Beyond Search, May 18, 2020

In a conversation with former CIA professional Robert David Steele, DarkCyber learned of an impending legal action. Steele revealed in a video conference information about naked short selling, a Wall Street tactic to make money outside the boundaries of existing rules and regulations. DarkCyber obtained permission to create a summary of Steele’s main points. You can view the six minute exclusive at this link. In the question-and-answer session, Mr. Steele referenced additional information about this matter. You can access some associated information at:

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Article: Overstock Fights Wall Street Over Dividend Amid 400% Rally

Article - Media

Overstock Fights Wall Street Over Dividend Amid 400% Rally

Robert Schmidt and Ben Bain

Bloomberg, 18 May 2020

If Overstock’s dividend plan proves successful, the implications for U.S. markets could be significant. More companies may decide to dabble in digital assets or add restrictions to their shares, especially if they find that doing so gives them more sway over their investors. On Wall Street, brokerage firms and exchanges are loath to see the launch of any security that raises the specter of a monopoly and could cut them out of trading and listing fees.

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Article: Denmark Adopts New Dividend Tax Model After Multiple Fraud Cases

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Denmark Adopts New Dividend Tax Model After Multiple Fraud Cases

Morten Buttler

Bloomberg, 18 May 2020

Denmark is adopting broad changes to how foreign investors are refunded dividend taxes as the government hunts down more than $2 billion it says was tricked into turning over.

In a new agreement with the country’s financial industry, banks will play a central role in monitoring payments, and will be held liable for clients’ outstanding taxes. All foreign investors will have to register with the Danish Tax Agency, according to a statement by the tax ministry.

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Article: Researchers say market manipulation is destroying traditional safe havens

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Researchers say market manipulation is destroying traditional safe havens

Valentina Ruiz Leotaud

Mining.com, 17 May 2020

The University of Sussex Business School released an analysis stating that widespread market turmoil caused by the covid-19 pandemic means regulators have so much on their plates right now that large-scale manipulation of the markets remains below their radar.

In the view of the researchers behind the study, this is the reason why prices of safe-haven assets such as gold and bitcoin are not surging.

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Article: Buffett Sells More Stocks, Including Goldman Sachs, With No ‘Elephant-Sized’ Acquisition On The Horizon

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Buffett Sells More Stocks, Including Goldman Sachs, With No ‘Elephant-Sized’ Acquisition On The Horizon

16 May 2020

Forbes, Sergei Klebnikov

Billionaire investor Warren Buffett, who told investors earlier this month that he had made a “mistake” betting on airlines, is continuing to sell stocks amid the coronavirus pandemic, the latest regulatory filing from Berkshire Hathaway shows.

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Article: Warren Buffett’s Berkshire Hathaway sells majority of stake in Goldman Sachs

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Warren Buffett’s Berkshire Hathaway sells majority of stake in Goldman Sachs

Jazmin Goodwin

CNN, 16 May 2020

Warren Buffett’s Berkshire Hathaway (BRKA) sold off 84% of its stake in Goldman Sachs (GS) during the first quarter, according to a regulatory filing.

The conglomerate slashed its holdings in the investment bank to 1.9 million shares from 12 million shares, according to SEC filings released Friday. Goldman Sachs’s share price plunged by almost a third during the first quarter as the novel coronavirus swept the nation.

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Article: Two Russian financiers who used Bruce Willis as the face of their collapsed bank face having their UK riches seized after racking up £730m debts amid claims they siphoned off customers’ savings

Article - Media, Publications

Two Russian financiers who used Bruce Willis as the face of their collapsed bank face having their UK riches seized after racking up £730m debts amid claims they siphoned off customers’ savings

KATE DENNETT, 16 May 2020

Two Russian bankers, who lived in luxury in England, face having their assets seized by financial investigators after they were declared the second-biggest bankrupts in British history.

Financial investigators are searching to claim former Russia’s National Bank Trust (NBT) shareholders Ilya Yurov and Nikolay Fetisov’s assets. This comes after they were accused of siphoning off customers’ savings through a network of shell companies, The Times reported. Continue reading “Article: Two Russian financiers who used Bruce Willis as the face of their collapsed bank face having their UK riches seized after racking up £730m debts amid claims they siphoned off customers’ savings”

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Article: Warren Buffett’s Berkshire Hathaway slashed its Goldman Sachs stake by 84% last quarter

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Warren Buffett’s Berkshire Hathaway slashed its Goldman Sachs stake by 84% last quarter

Theron Mohamed

BusinessInsider, 15 May 2020

Warren Buffett’s Berkshire Hathaway slashed its Goldman Sachs holdings and sold its stakes in energy group Philips 66 and insurer Travelers in the first quarter, according to a Securities and Exchange Commission filing released on Friday.

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Article: Burford Loses Bid For LSE Trader Info In Short-Selling Attack

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Burford Loses Bid For LSE Trader Info In Short-Selling Attack

Richard Crump, Ed Harris

Law360, 15 May 2020

Burford Capital has failed to win a court order to force the London Stock Exchange to hand over the names of traders that dealt in its shares. (iStock)

Judge Andrew Baker has refused to grant an application by Burford Capital Ltd. for a court order to force the exchange to hand over the names of traders that bought and sold the funder’s shares on Aug. 6 and 7, 2019.

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