Article: Form S-1/A Glass Houses Acquisition Corp.

Article - Media, Publications

Form S-1/A Glass Houses Acquisition Corp.

EDGAR AGENTS LLC, 08 March 2021

Glass Houses Acquisition Corp. is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target, and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. While we will not be limited to a particular industry or geographic region in our identification and acquisition of a target company, we intend to focus our search for a target business that provides critical resources and/or services to the technologies powering the 21st century industrial economy.

This is an initial public offering of our securities. Each unit has an offering price of $10.00 and consists of one share of our Class A common stock and one-half of one warrant. Each whole warrant entitles the holder thereof to purchase one share of our Class A common stock at a price of $11.50 per share, subject to adjustment as described in this prospectus, and only whole warrants are exercisable. The warrants will become exercisable 30 days after the completion of our initial business combination, and will expire five years after the completion of our initial business combination or earlier upon redemption or liquidation, as described in this prospectus. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. We have also granted the underwriter a 45-day option to purchase up to an additional 3,000,000 units to cover over-allotments, if any

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Robert Steele: The Rigging Continues, SEC & DTCC Lying Again

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DTCC is a “self-regulating organization” which is code for Licensed to Steal with Impunity.  The SEC and DTCC (and the Senate Banking Commission and the US Attorney for the Southern District of New York) are RICO organizations. The fraud continues apace.

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Continue reading “Robert Steele: The Rigging Continues, SEC & DTCC Lying Again”

Article: Nasdaq Futures Tumble As Value Surge Makes Europe A Sea Of Green

Article - Media, Publications

Nasdaq Futures Tumble As Value Surge Makes Europe A Sea Of Green

TYLER DURDEN, 08 March 2021

US equity futures and global markets jumped higher at the reopen of Asian trading late on Sunday following news of the Senate’s passage of the Biden $1.9TN stimulus plan and the spike higher in oil following the Houthi drone attack on Aramco facilities in the Gulf, but have since dipped amid renewed reflationary fears which pushed Treasury yields as high as 1.61% overnight hitting tech stocks with lofty valuations even as value stocks and European markets were broadly in the red. After rising above $71, Brent has since faded gains and was last trading near where it closed Friday at $69. Bitcoin soared as HK-based firm the latest institution to convert cash into Ethereum and Bitcoin.

At 7:10 a.m. ET, Dow e-minis were down 16 points, or 0.07%, S&P 500 e-minis were down 16.5 points, or 0.44%, and Nasdaq 100 e-minis were down 154.25 points, or 1.20%. Continue reading “Article: Nasdaq Futures Tumble As Value Surge Makes Europe A Sea Of Green”

Article: Another Market Paradox: Wall Street Struggles To Explain Record Equity Inflows Amid Stock Turmoil

Article - Media, Publications

Another Market Paradox: Wall Street Struggles To Explain Record Equity Inflows Amid Stock Turmoil

TYLER DURDEN, 08 March 2021

Something bizarre is happening in the stock market: for the past three weeks stocks – and especially tech – has gotten hammered, with the Nasdaq briefly sliding into a 10% correction while the S&P has also been hard hit (although one can’t say the same for reflation stocks such as energy which have soared in recent weeks). Some other notable casualties: Apple has tumbled 15% since late January. Tesla has lost more than a quarter-trillion dollars in market value in three weeks, and more than $1.5 trillion has been wiped off the Nasdaq in less than a month.

And yet, despite this hit to risk assets on the back of the recent in surge in interest rates, accompanied by a parallel spike in both the VIX, and its bond market equivalent, the MOVE index. Continue reading “Article: Another Market Paradox: Wall Street Struggles To Explain Record Equity Inflows Amid Stock Turmoil”

Subject: Ihor Dusaniwsky

People, Subject of Interest

Ihor Dusaniwsky  Managing Director of S3 Partners from Sep 2003 -to Present in Greater New York City Area. He was a former Vice President of Commerzbank AG from 1999 to 2003. He was also the former Head of Agency Lending Des in Morgan Stanley from 1985 to 1999 in Greater New York City Area with a background in Equity Controller – NY and Tokyo, FX Controller – NY and Tokyo, Equity Special Projects – Hong Kong, World Wide Head FX Controller – NYSecurities Finance WW Collateral Manager – London International Securities Finance Trader – NY and London Domestic Securities Finance Trader – NY, ETF Securities, Finance Trader – NY, ADR Securities finance Trader – NY Head of Agency Lending – NY. Continue reading “Subject: Ihor Dusaniwsky”

Article: Software Pioneer John McAfee Indicted In Crypto Case

Article - Media, Publications

Software Pioneer John McAfee Indicted In Crypto Case

Reenat Sinay, 05 March 2021

Antivirus software innovator John McAfee and his bodyguard have been indicted on fraud and money laundering conspiracy charges for fraudulently touting various cryptocurrencies on Twitter to further two separate schemes, Manhattan federal prosecutors said Friday.

Between December 2017 and October 2018, McAfee and private security guard Jimmy Gale Watson Jr. tricked investors into buying over a dozen different digital currencies in a pair of scams that allegedly netted the two men a combined $13 million in profits, according to a seven-count indictment unsealed Friday. Watson was also “executive advisor” of McAfee’s so-called cryptocurrency team, prosecutors said. Continue reading “Article: Software Pioneer John McAfee Indicted In Crypto Case”

Article: Venezuela Oil Co. On The Hook For $40M Bond

Article - Media, Publications

Venezuela Oil Co. On The Hook For $40M Bond

Emma Whitford, 05 March 2021

A New York judge has ordered Venezuela’s national oil company to repay about $40 million it owed to a Portuguese pipeline company on a defaulted bond, saying the oil giant failed to prove that it was impossible to repay the debt due to U.S. sanctions.

Petróleos de Venezuela SA and its subsidiary did not manage to turn up documents from Portuguese banks showing that the banks had declined to honor attempted wire transfers from PDVSA to Cimontubo-Tubagens E Soldadura LDA of Portugal, U.S. District Judge George B. Daniels wrote. Continue reading “Article: Venezuela Oil Co. On The Hook For $40M Bond”

Article: John McAfee Indicted On Fraud, Money Laundering Charges In Pump-And-Dump Crypto Scheme

Article - Media, Publications

John McAfee Indicted On Fraud, Money Laundering Charges In Pump-And-Dump Crypto Scheme

Rachel Sandler, 05 March 2021

John McAfee was indicted on securities fraud and money laundering charges, the Justice Department announced Friday, adding to the antivirus software pioneer’s litany of legal problems stemming from more than a decade of sometimes bizarre behavior.

McAfee and an advisor of his cryptocurrency team, Jimmy Watson Jr., were indicted on several counts of conspiracy to commit commodities and securities fraud, wire fraud conspiracy and money laundering conspiracy offenses.

Prosecutors say McAfee and his cryptocurrency team used his Twitter account, which has a million followers, to promote Initial Coin Offerings without disclosing he was being paid by the ICO issuers to do so. Continue reading “Article: John McAfee Indicted On Fraud, Money Laundering Charges In Pump-And-Dump Crypto Scheme”

Article: Bank of America, Morgan Stanley win dismissal of metals spoofing litigation

Article - Media, Publications

Bank of America, Morgan Stanley win dismissal of metals spoofing litigation

Jonathan Stempel, 05 March 2021

NEW YORK (Reuters) – A federal judge in Manhattan on Thursday dismissed litigation by traders and trading firms accusing Bank of America Corp and Morgan Stanley of manipulating the precious metals futures market by placing trades and then cancelling them before execution, or “spoofing”.

U.S. District Judge Lewis Liman in Manhattan said the June 2019 lawsuit over alleged spoofing in gold, silver, platinum and palladium futures from 2007 to 2014 was filed long after the two-year federal statute of limitations had run out.

The investors said the clock started in January 2018 when the traders Edward Bases and John Pacilio, both from Connecticut and also defendants, were charged with commodities fraud. Six other people were criminally charged at the time. Continue reading “Article: Bank of America, Morgan Stanley win dismissal of metals spoofing litigation”