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NFL Hall Of Famer Turned Entrepreneur Marshall Faulk Presents LAUNCH 2021 Digital Event

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LOS ANGELES, Jan. 15, 2021 /PRNewswire/ — Launch into 2021 with NFL Hall of Famer Marshall Faulk and Virtuity Financial Partners two day live stream event kicking off January 15th at 11am and learn how to make money work for you. Explore how to become a financial professional and take back control of your future – no matter the circumstances – by acquiring the tools to design a strategy tailored to your specific needs. Live stream archive library also available.   

Faulk explains, “We are educating people about how to get out of debt, save for their future, create a legacy for their family while giving them an opportunity to join our crusade – things they should have been taught in school. We are more than a mission; We are a movement. This event will help people launch into 2021 with purpose, vision and a way to thrive.”

How to work from anywhere and make a lot of money, help a lot of people and have a lot of fun. This action packed entertaining and informative digital event covers how to be your own boss and secure a sound financial future. Learn crucial financial skills and money success secrets straight from Launch 20201 speakers. Get educated from the world's top entrepreneurs and leaders on how money works, how to find your prosperity and how to take part in this financial movement for wealth. Discover ways to help families and individuals prepare for better financial futures.  

Launch 2021 Speakers Include:

NFL Hall Of Famer, Analyst and Coach Deion Sanders, NFL Hall Of Famer, Author, Motivational Speaker and Business Leader Ray Lewis, President And CEO Of Pro Football Hall of Fame David Baker, Former Treasurer Of The United States, Immigrant and International Public Speaker Rosario Marin, Top 20 Entrepreneurs of 2020 and Author David Meltzer, Leading Financial Advisor Hanna Horenstein, Financial Empowerment Trainer and Advisor Tyree Dillingham.   

About Virtuity Financial: Established in 1999 and currently includes 350 financial professionals.

REGISTER NOW
www.ETLsite.com/virtuity

 

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SOURCE Marshall Faulk

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INVESTOR ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Ebix, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

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LOS ANGELES, Feb. 25, 2021 /PRNewswire/ — The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Ebix, Inc. (“Ebix” or “the Company”) (NASDAQ: EBIX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between November 9, 2020 and February 19, 2021, inclusive (the ''Class Period''), are encouraged to contact the firm before April 26, 2021. 

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Ebix lacked audit evidence to prove legitimate purposes for large and unusual transactions in its India gift card business. The Company suffered from material weaknesses in internal controls over gift cards and prepaid revenue. The Company's auditor was likely to resign over $30 million put into a trust account commingled with its outside legal counsel. Based on these facts, the Company's public statements were false and materially misleading. When the market learned the truth about Ebix, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com 
Office: 310-301-3335
[email protected]

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SOURCE The Schall Law Firm

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Lument Assists Hillcrest Health Services with $41.5 Million Freddie Mac Seniors Housing Refinance

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NEW YORK, Feb. 25, 2021 /PRNewswire/ — Lument has announced the closing of a $41.5 million Freddie Mac loan to refinance Hillcrest Country Estates Grand Lodge, an upscale senior living community in Papillion, Nebraska. Set on Hillcrest Country Estates' 44-acre campus which offers the full continuum of care, Grand Lodge was built in 2015 and features 102 independent living apartments and 60 assisted living and memory support apartments. Quintin Harris, managing director and head of Lument's Midwest seniors housing and healthcare team, spearheaded the transaction along with Doug Harper and Casey Moore, managing directors at Lument.

“There are many seniors housing and care providers that we are proud to call clients, and the phenomenal team at Hillcrest Health Systems is certainly one of them,” said Harris. “We have helped Hillcrest with FHA and Fannie Mae financings in the past, and we were thrilled to help them benefit from historically low interest rates with this Freddie Mac refinance.”

The non-recourse Freddie Mac loan features a 10-year term and 30-year amortization. The successful closing refinances existing bank debt and provides cash-out proceeds.

“We appreciate the opportunity to again provide agency financing for the Hillcrest Health Systems team and project owners,” said Harper. “With low-cost, non-recourse permanent agency financing in place, the Hillcrest Health Services team can focus on what they do best — providing high-quality care and housing for aging adults in Nebraska across the entire acuity spectrum.”

Hillcrest Health Systems was founded in 1989 with a goal of delivering a full continuum of health services with seamless transitions across care levels as residents age. Hillcrest offers skilled nursing, post-acute rehabilitation, outpatient therapy, independent living, hospice, assisted living, memory support, home care, in-home personal care and telemedicine for more than 1,700 aging adults every day at its seven locations across Nebraska.

About Lument
ORIX Real Estate Capital Holdings, LLC, d/b/a Lument, is a subsidiary of ORIX Corporation USA. Lument is a national leader in commercial real estate finance. As the combined organization of legacy industry experts Hunt Real Estate Capital, Lancaster Pollard, and RED Capital Group, Lument delivers a comprehensive set of capital solutions customized for investors in multifamily, affordable housing, and seniors housing and healthcare real estate. Lument is a Fannie Mae DUS®, Freddie Mac Optigo®, FHA, and USDA lender. In addition, Lument offers a suite of proprietary commercial lending, investment banking, and investment management solutions. Securities, investment banking, and advisory services are provided through OREC Securities, LLC, d/b/a Lument Securities, Member FINRA/SIPC. For more information, visit www.lument.com.

MEDIA CONTACT                                                                                                            
Michael Ratliff | Marketing Director
212-588-2163 | [email protected]

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SOURCE Lument

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Mechanical Technology, Incorporated and Subsidiary, EcoChain, Inc. Announce Appointment of Aly Madhavji to Board of Directors

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ALBANY, N.Y., Feb. 25, 2021 /PRNewswire/ — Mechanical Technology, Incorporated (“MTI” or the “Company”), (OTCQB: MKTY), the parent company of MTI Instruments, Inc. and EcoChain, Inc. (“EcoChain”), a cryptocurrency mining business powered by renewable energy, announced today that its Board of Directors has appointed Aly Madhavji (“Aly” or “Mr. Madhavji”) as a member of the Board, effective immediately. MTI's Board of Directors now has eight members, including Mr. Madhavji. Mr. Madhavji will be placed in the class of directors with a term that will expire in 2022.                

Mr. Madhavji is the Managing Partner at Blockchain Founders Fund. He also consults leading organizations, such as the United Nations, on emerging technologies. Mr. Madhavji is a Limited Partner at Loyal VC and Draper Goren Holm, an award-winning author, a Senior Blockchain Fellow at INSEAD and recognized as a “Blockchain 100” Global Leader by Lattice80. He holds a Bachelor of Commerce from the University of Toronto, a Master of Business Administration from INSEAD and a Master of Global Affairs, as a Schwarzman Scholar, from Tsinghua University.

Michael Toporek, CEO of MTI, commented, “Mr. Madhavji's knowledge and passion for emerging technologies will be a valuable asset to our Board as we work to grow and scale the Company's EcoChain cryptocurrency mining facilities. His expertise and key relationships with blockchain start-ups and consulting with companies and government agencies will also be a great resource for MTI and we welcome him to MTI and the Board.”

Aly added, “EcoChain's business model to develop cryptocurrency mining facilities powered by renewable energy is an impressive application of leading-edge technologies. I am thrilled to join the Board and contribute my insight to the successful buildout of the business plan.”

About MTI

MTI is the parent company of MTI Instruments, Inc. and EcoChain, Inc. Through MTI Instruments, MTI is engaged in the design, manufacture and sale of test and measurement instruments and systems that use a comprehensive array of technologies to solve complex, real world applications in numerous industries, including manufacturing, electronics, semiconductor, solar, commercial and military aviation, automotive and data storage. Through EcoChain, MTI is developing cryptocurrency mining facilities powered by renewable energy that integrate with the blockchain network. For more information about MTI, please visit https://www.mechtech.com.

Forward Looking Statement

This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this communication, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

Contact Information:

Jess Olszowy
[email protected]

Investor Relations:
Kirin Smith, President
PCG Advisory, Inc.
646.823.8656
[email protected]

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SOURCE Mechanical Technology, Incorporated

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