Blog backdating

Backdating Blog Posts for SEO Our blog system is creating coincidental instances of duplicate content, so we're adding this post to fix that issue. « 5 Questions to Consider Before You Get on Twitter Backdated stock options can be particularly lucrative for the executives who receive them. However, companies must be careful about how they award them. It’s fraud when options are backdated without telling shareholders or when companies change documents such as board meeting minutes or board approvals to support the backdating. In the money By doing this it will ensure that you will still be able to use the content from the blog post you have written and that it will not negatively affect your SEO ranking for the blog post. Backdating your WordPress posts can also be useful for news related posts when a twist or turn takes place shortly after the news story came out or for ... Advantages of backdating blog posts. As I touched on above, the obvious advantage is that you can ensure content you’ve created still appears on your website, at the date you want. Let’s say for example you wanted to write Christmas-themed content but you never quite got around to it before the day itself… backdate the post and anyone ... Beware of backdating those dividends because ... Elliot Green over 10 years ago. What is cheap now can be expensive later. The backdated dividend might not be uncommon but it is a problem misunderstood. Dividends for owner-managed businesses are often an attempt to remunerate directors in a tax efficient way. Backdating violin labels was not uncommon, and it was not illegal. However, backdating legal documents is another matter. Backdating legal documents is frequently permissible. However, under other circumstances, it can be fraudulent or illegal. By backdating the content on a brand new site, you may be able to trick users into thinking your site has been around for a while, hidden in a place they never saw it. You won’t, however, trick Google into thinking the same thing. Content Theft and Date Authority. Another common – and more insidious – use of backdating is in content theft. Backdating is a new option for car restoration. Visit us to know more about car modifications as well as customization ideas. ... If you have to ask why someone would do this, you might just be reading the wrong blog, but here goes anyways: in the 60’s, Ford Mustangs looked mean as hell. Today’s Mustangs, while still very nice cars, just do ... So they decide to schedule the blog post by filling the date of the upcoming time for their blog post to get published. This is quite similar to the previous section. Step 1:- As same as backdating, you have to log in to your admin panel and the post you haven’t published or just started writing should be selected. And there are approx 100 articles till 2015. It is an education blog. So I wrote approx 2000 posts and backdated them, so that everyday from the starting day of the blog has 1 post. I use google adsense. Now I have fear that is this legal or illegal. I didn’t copy any other blog. But I’m afraid of adsense suspending me because of backdating.

When could/has backdating something been illegal and resulted in either a court case/fines etc.? [Semi-hypothetical]

2020.10.19 17:56 SubaruToyotaFan1986 When could/has backdating something been illegal and resulted in either a court case/fines etc.? [Semi-hypothetical]

I've seen various legal blogs on backdating things, but what's the general situation on things, on when it's illegal, isn't etc.?
Did the Enron case have it with documents, or is this just an urban legend/misinformation (relying on a Geocities site from 2003 for that, from memory)?
In general, any legal experts able to advise on this, and when under U.S. law you should or shouldn't backdate a document or computer file?
submitted by SubaruToyotaFan1986 to legaladviceofftopic [link] [comments]

2020.10.10 00:58 HisHerMoneyGuide Quarter 3 2020 – Net worth up 4.3%, 92.8% savings rate

Quarter 3 2020 – Net worth up 4.3%, 92.8% savings rate
TLDR; One of those journey posts. Net worth above pre-crash highs; savings rate good, dividends slashed.

Quarter 3 2020 – Net worth update: Up $103,000

After last quarter’s incredible reversal in fortunes, this last quarter has seemed positively sedate. There have been a few bouncy days here and there on the markets, but no definitive trends upwards or downwards (though I’m sure some chartists would disagree).
Instead, the whole world is waiting with bated breath for news of a vaccine or treatment that puts coronavirus to bed.
I was actually quite shocked at how well the Australian share market held up overall during reporting season. There were some winners, but most results were pretty weak-to-dire. And while you can argue that the market had already baked-in the results in the prices, who can honestly say with a straight face that August/September 2020 had the same outlook as January 2019? Sorry, I digress.
While world governments seem to be still grappling with the health aspects of coronavirus, imminent economic collapse seems to have been averted. I’ll have some more thoughts on possible ramifications from what has already happened later in the month though.
On the balance of things, I’m still quite pessimistic about the shape of domestic and international recovery. A vaccine is still a while away from being approved, let alone rolled out to the masses (mid-to-late 2021 before us plebs get access?). Government debt globally has skyrocketed. And in the personal finance space in Australia at least, the continued scaling back and eventual demise of JobKeeper payments will be one to watch. At stake is only the local economy, house prices, job security, and the state of the ASX.
At least Brexit seems to be going well. Oh, wait. And who knows what’ll happen next month in the American election now that the President has taken a turn. But it won’t be boring regardless of what happens. 2020 keeps on giving.
So with another three months in the record books, how has our net worth fared for Q3 2020?

Our financial goals

Before going further, here’s a reminder to our current early retirement goals. We’re looking to retire early before the age of 45 (and we’re currently 35 and 36) with a pre-tax FatFIRE passive income of $150,000 a year. Our net worth target is comprised of the following assets:
  • $2,000,000 in shares
  • $600,000 in two investment properties
  • $700,000 in superannuation
  • $1 million primarily place of residence
  • Total asset goal = $4,300,000.
You can track our net worth in our previous posts.

July-September: Shares

In personal news, we dipped our toes into the ETF waters for the first time. We made purchases of $15,000 and $20,000 for a pair of internationally-focussed passively managed funds that have a dividend focus. They were both trading at around a 20% discount to their pre-crash highs, so hopefully they’ll be a good long term investment.
Next week I’m writing an article about how domestic shares can have an often unacknowledged level of international market exposure. However, our portfolio hasn’t got sufficient international exposure from that alone give us diversification. So it was time to branch out with some international-only holdings. In fact, about 80% of our remaining share investments will be in funds with an international focus.
That said, we’re not entirely out of the domestic share market investment game. We also took up a Retail Entitlement Offer for one of our smaller share holdings. But that only came to just under $1,000.
After starting the quarter with $1,044,000 in our share portfolio, how did it end?
On 30 September, we had a share portfolio worth $1,091,000 – up $47,000 or 4.5% on Q2. As part of that, in addition to the $36,000 in share purchases mentioned above, we also received dividends – some of which were reinvested.
However, you’ll need to wait for our upcoming Q3 income and expenses report to see what our dividend income came to. Spoiler alert though: it’s not pretty.
All in all though, it wasn’t a bad result, given the ASX200 finished the quarter down around 1.4%. Far better than the devastation we saw back in January-March at least.

July-September: Superannuation

As mentioned above, the local markets finished slightly down for the quarter. So how did our superannuation fare?
Well, we started Q3 on $423,000 and ended with $447,000 – an increase of $24,000 or 5.6%.
Only about a quarter of that is from employer contributions – as we’re not making extra contributions to our superannuation. So that’s great outperformance! Even more impressively, that’s more than the $428,000 that we started the year on before it hit the fan in February.
Given that superannuation is a bit of a black box, it’s hard to tell why it outperformed so much. But I know that a large chunk of my personal super is in international shares, so maybe that explains it.
So while our share performance hasn’t been anything terrific, at least superannuation is turning up to the party.

July-September: Primary place of residence

Property prices have been surprisingly resilient amid the damaged economy. We’re still seeing properties in our area going on sale. How many are forced? Who knows. But prices don’t seem to be falling – yet anyway – in our area. In fact, apparently Brisbane house prices went up 0.5% in September – crazy!
But what do our go-to property sites have to say about our house price?
Well, prices it at $775,000 – identical to both Q1 and Q2. Conversely, an ANZ property report said our house is worth $711,000 (down $2,000 on Q2, but up $40,000 on Q1).
Like in the past, using a rule of not moving the price unless we have a pair of sources agreeing on a price move in the same direction, we’ll keep the house price at $655,000.
We still think prices in the $700,000s are too much, but would gladly take it when it comes time to sell.
In terms of calculating our net worth, our mortgage is fully paid off in regards to having money in an offset account. So the full capital value is ours in that ledger.

July-September: Investment properties

With our PPoR maintaining its value, what about our two investment properties?
Last quarter they rose back to where they were in Q1, and the story was much the same in Q3:
  • – combined value $700,000 ($700,000 in Q2 2020).
  • ANZ – combined value $616,000 ($617,000 in Q2 2020).
With the ANZ property report coming down just a fraction and holding firm, we’ll keep the combined values at $605,000.
Unlike our home, these properties do have mortgages on them with money owing. We started the quarter owing $369,000, but that dropped to $367,000 over the three months.
That gives us total equity of $238,000, an increase of $2,000 or 0.8%.
Also stay tuned for a series of articles on our investment properties starting in the next month or so. We’re going to be talking about the finances behind them in greater detail for the first time.

Financial state of the union

We finished Q2 2020 with a net worth of $2,358,000. Here’s how things look three months later after Q3 2020:
Asset Value
Shares $1,091,000
Superannuation $477,000
Investment properties value $605,000
Investment properties debt -$367,000
Primary place of residence $655,000
Total $2,461,000
We landed on $2,461,000, an increase of $103,000 or 4.3%.
Like our superannuation, that’s actually a small increase now on the numbers we saw at the end of 2019 that was our previous all-time high.
While it’s good to actually be making some level of progress at last, it just makes me feel a bit like 2020 has been a bit of a waste. All that work and saving for practically nothing. But, that’s a first world privileged problem to have at the moment.
All in all, a good quarter on the net worth front. Next up we’ll have our Q3 income and expenses report. Sadly, the news there – particularly for our vital dividend income – is much, much worse.

Q3 2020 income and expenses: 92.8% savings rate

Life has slowed in the HHMG household. We’re not locked down like we were in April-May, but we’re still keeping socially distant, and minimising going out and about. With vulnerable parents, our actions don’t only risk impacting ourselves. However, it’s terrific to see the reduction in coronavirus cases in Australia over the past few months. Fingers tightly crossed we don’t see another large outbreak like the one that occurred in Victoria.
That said, the individual days go by quickly enough. It’s nice being able to watch TV over lunch, for instance. And you can’t beat regular cat hugs.
However, with an office only 10 steps away from bed, things are kind of all merging into one. It’s a bit disconcerting that this working from home, Covid-normal has now been in our lives for over six months.
The best news of all is that 2020 is 75% done. We can’t wait to see the back of it. Surely 2021 can’t be any worse?
But while the year has been memorable for practically all the wrong reasons, what about our finances? If you saw our Q3 net worth update, you would have seen that we recovered to our pre-crash highs. Sadly though, the news is less good in this update.

July-September: Income and side hustles

In good news, my wife Ellie managed to score herself a minor pay rise from mid-year, bringing in almost $80 a week extra after tax. It’s not a huge amount, but it’s better than what I achieved: triple doughnuts or $0.00, with a pay freeze until next year. Frankly in this economic climate, any increase is a minor miracle, so great work Ellie!
Currently neither of our jobs are under imminent threat. But from next year onwards, we’re both quite worried that we’ll be under the termination microscope. I’m desperately trying to cling on long enough to achieve long service leave in early 2021 to give us a bit more of a monetary buffer if I was retrenched and needed to find a new job in a dire jobs market. Ellie has already reached long service (once again beating my efforts).
We’re also currently trying to max-out our annual leave balances as much as possible to use them as an alternative bank account in case we lose our jobs. It just seems prudent in the current environment.
However, let’s talk money. For our salaries, we had six pay cycles in Q3 – one down on Q2. In total our salaries earned us $38,062 after tax for the quarter. That’s a small increase of $936 or 2.5% on last year.
Coronavirus continues to impact our bottle collection efforts for this year. We managed to make one trip during the quarter, collecting $83.40. We’re only picking up a few here and there these days, with most coming from our parents. That’s well down on the $235 we had this time last year. The blog itself earned $249.89, entirely from Google Adsense payments from ads displayed and clicked.
After seeing our income from online surveys increasing, Ellie also published an article during the quarter on what online surveys are and which ones we use. True to form, our income from them for the quarter hit a new high of $460. That’s an increase of $175 on this time last year. Q4 is already shaping up well on that front as well.
Our side hustles amounted to $793.29 for the quarter, giving us a total active income of $38,855.29 between July and September. That compares to $37,765 last year – an increase of $1,090.29 or 2.9%.
And that, folks, is about as good as the news today is going to get.

July-September: Dividends

Time to take a deep breath.
Okay, that was more like an apprehensive wince.
Q3 is usually an important quarter for our dividends – the biggest of the year when many stocks provide final distributions. Naturally, this year is like no other that we’ve experienced. So let’s see what the damage is while comparing the previous two years:
Q3 2018 Q3 2019 Q3 2020
DRP/DSSP reinvested/Direct debit, excluding franking credits $15,465.78 $16,439.23 $10,218.59
A total of $10,218.59 for July-September represents a dividend reduction of $6,220.64 or 37.8%.
That’s not good. Like we’ve said before, our goal is for share dividends to make up the bulk of our early retirement income. So losing well over a third of that is… bad.
While our Q3 2020 net wealth rose above pre-crash levels, clearly this is an area we’ve gone backwards in.
Our high exposure to the banks is really our biggest undoing here. Thankfully over the last two years we’ve been investing heavily away from them, knowing it was potentially a fatal flaw. In this instance, it has proven to be the case with one hell of a stress test.
Instead we’ve recently been investing in Listed Investment Companies, and only during this last quarter did we buy our first ETFs. On the LIC front, things are actually quite encouraging. These quarterly dividends only reflect three out of six LIC dividends we’re receiving in this half of the year. All of our LIC holdings have now announced dividends, and the biggest cut to dividends was “only” *cough* by about a third, while a couple have actually increased their dividends. So at least the strategy to invest in LICs for their ability to smooth dividends seems to be paying, well, dividends.
All in all, pretty sobering results, but we’re not too depressed yet. We’ve previously discussed that we always expected there to be some lean years once we hit early retirement, and 2020/21 is looking to be a prototype of that.
In retirement, as long as we’ve got enough income coming in to cover our basic living expenses (which will be larger than they currently are), we’ll still have a great life – with the ability to cut back further if required.
In addition to dividends, once we FIRE we’ll also have some rental property income coming in. As telegraphed in our earlier Q3 net worth update, we’re providing an update on these properties in the coming month or two to give a better idea of how things stand there. So a bad result with dividends alone won’t necessarily sink our early retirement hopes either.
That said, from the dividends that have been announced it looks like Q4 will be a little brighter than the drubbing we just experienced. However, one thing that’s certain is that dividends won’t rebound overnight. The second half of this financial year will be very interesting.
\The numbers listed above are ‘somewhat net’ – for the purposes of calculating our savings rate. It includes franked and unfranked dividends – but not* franking credits (which are essentially pre-paid tax credits). For the unfranked dividends (and a small additional 7% portion of the franked dividends due to our marginal tax rates), we pay additional tax towards the end of the calendar year. For reference, we received an additional $3,409.69 in franking credits for the period – giving us a total of $13,628.28 in gross dividends for the quarter.\*

July-September: Expenses

Let’s take a look at our expenses for Q3 2020, with a comparison to Q3 2019:
In total we spent $3,528.22 for the quarter, compared to $4,272.89 last year – a decrease of $744.67 or 17.4%. While at face value that should be lauded, in reality our car service (Q3 last year) was pushed forward a month this year (to Q2). So really our spending is roughly flat, which we’re still happy about. That said, there are a few stories behind the numbers worth mentioning.
Our electricity usage went up 28.3% due to working from home. However, our bill was only 19% more expensive thanks to a government relief payment for households due to coronavirus. But with 13.4kWh per day consumption, it’s indicative of what sort of daily usage we’d have in retirement if we were home all day. It adds up having extra TV time over lunch, the microwave and kettle running a few times extra a day, and a couple of computers running non-stop when they previously weren’t. In other news, we’re swapping electricity retailers in October to what should be a slightly cheaper plan. We’ll see how things change next quarter.
Speaking about working from home, both Ellie and I will be claiming the Australian Taxation Office’s shortcut method to claim $0.80 per worker, per hour worked from home between 1 March and 30 June when we lodge our tax returns in Q4 to get some of those extra expenses back! Though look into your tax options to work out what works best for you.
We also started the process of swapping internet plans to the NBN (long story – we’re still not on it and won’t be for a while – more details in Q4). We were only a couple of months short of getting kicked off ADSL, so it was forced on us. The best plan we could find was $55 a month compared to the $50 we have been spending. With extra working from home we felt we really couldn’t do with the most basic of plans available. It also meant we needed to buy a pair of WiFi dongles to go with a new (free) modem. Our existing modem just used good old RJ45 ethernet cables, but because of the location of the NBN outlet we needed to go with WiFi.
Continuing the IT theme, Ellie’s computer also died during the quarter. In the end we bought a refurbished one from eBay for $109, which wasn’t bad at all. It was a mild gamble buying it, but so far it has paid off and she’s happy with it. The event also inspired the article on how we can’t avoid some expenses forever.
My driver’s licence renewal also arrived, so that was an extra expense compared to last year – almost $350 for the year so far with Ellie’s also coming up at the start of the year. At the same time though, the savings in fuel costs compared to this time last year more than make up for the licence fees.
In total, if you take out our New Zealand holiday from the start of the year, our expenses for the year-to-date are very similar to last year’s at this stage – $12,083.81 compared to $12,710.74 in 2019. (If you offset us being away for a couple of weeks in February, our expenses would be a few hundred dollars higher. The more things change, the more they stay the same.)

How are we tracking? Q3 savings rate

As always, let’s throw it all together to work out our savings rate:
Q3 Value
Income $38,855.29
Share dividends $10,218.59
Expenses -$3,528.22
Total savings $45,545.66
Savings rate 92.8%
With total savings of $45,545.66 for the quarter, that’s a 92.8% savings rate.
It’s a good result, though tempered by the reduction in dividends. Regardless, we’re fundamentally in a good place at a horrible time. We’ve been incredibly fortunate to date, and it’s not something we want to take for granted. Our own job security is slowly coming on the line, so we need to make the most of the opportunity we still have for as long as we have it.
Looking ahead to Q4, just like last year our tax bill is now a looming issue. We haven’t lodged our tax assessments yet, but we have calculated them. We anticipate that our tax will be will higher than last year. So that’ll be one giant savings rate killer in Q4.
Even if we hadn’t gone on holidays at the start of the year, and still achieved fractionally small savings during year-to-date thanks to coronavirus, we’d struggle to hit a 90% savings rate for the entire year. It would be possible, but highly unlikely. However, a bigger tax bill will put the final nail in that coffin.
Of course, some of the biggest economic news of the year hit this week after Q3 ended, with the delayed 2020 Federal Budget finally breaking cover. It looks like we’ll be about $4,000 a year better off (too late for 2019-20 and our upcoming bill, though!). But we’ll have to wait and see how things go with backdated tax cuts and the passing of the legislation. Regardless, we hope you’ll get a nice benefit from the tax cuts yourself if you’re an Australian.
2020 has been one heck of a rocky ride so far. Hopefully the end of the year brings some positively and signs of a return to normality. Unfortunately, I think that even once we get past the virus with a vaccine (and that’s really still an if) we’ll have a bit more instability ahead of us as a result of economic and budgetary damage that’s already happened. But before then, we still need to make it through the final three months of 2020. Gulp.
Until we meet again, we hope you stay safe and secure.
submitted by HisHerMoneyGuide to fiaustralia [link] [comments]

2020.08.21 23:17 Jedite21 Retroactively changing pay for stepping down from a position.

My wife stepped down from her managerial job to take a different position in the company and tried to discuss multiple times with the owner what this position would be and what the pay would be. After 2 weeks of working he changed her pay on her pay stub to what he felt she should get paid and is presenting her with a backdated form to have her sign to agree to this pay.
I have found on countless blogs/legal advice websites that changing pay retroactively is not legal, but I can't find anything actual legal documents to support this. Any help would be appreciated.
We live in Alabama, so there is no state direction in the Department of Labor on this specific situation that I could find. And contacting them they said that it was not illegal because there is no Federal statutes on this type of situation.
submitted by Jedite21 to legaladvice [link] [comments]

2020.08.14 07:32 Bruticus91 SWK - Insanely Cheap Mining Adjacency

SWK - Insanely Cheap Mining Adjacency
*** Updated Research

SWK provides an amazing opportunity to take advantage of the bull market in precious metals at an undemanding valuation with excellent operational momentum.
Precious metals have had a phenomenal ride lately; both due to fear arising from COVID-19, and coordinated monetary policy stimulating economies at an unprecedented level. The graphic below shows the recent parabolic move in GLD (overshadowed by SLV) and reflecting upon the 08 crisis and the numerous QE policies that followed, this upward trajectory may continue further.

GLD vs DJIA (2006-Present)

With rises in commodity prices, the logical next step is to get some operating leverage and purchase the gold miners. No doubt, this second level thinking has been handsomely rewarded albeit encountering the sovereign and FX risks with many of the global miners domiciled in South Africa and Russia:

DRDGold, Polyus and Polymetal (April 20 - Present)
Since many of these miners are in the process of expanding production, cash flow won't be realised for several years and operating margins may not improve as much as managements' forecast (i.e. ASX: DAC). Further, since the market has drawn the logical connection between commodity prices and miners, these companies have run a very long way in the last few months.

Company Overview:
This is where SWK provides us with a cheaper and lower risk opportunity to gain access to this thematic. SWK provides drilling services to large miners of metals (i.e. nickel, silver, gold etc.) in US, Canada, Europe and Australia. Specifically, they use specialised drills to extract samples, which they analyse to then assess to the viability of a site. Increasing demand for mining exploration will, intuitively, increase drilling utilisation and drilling rates. SWK also entirely owns Orexplore, which provides mobile sample analysis to determine the characteristics of extracted cores. This improves the efficiency of examining the quality of a site by removing cost (transportation and storage), timing (it can be conducted on-site), and operational risk (damage in transit) all of which further benefit the mining co. and embed SWK into the exploration process.

Competitive Advantage:
SWK’s competitive advantage is being able to a world class cost effective and efficient underground drilling. For example, their development of DeepEX allows for longer hole from underground that are cheaper than many shorter surface holes. Their recent contract extension from BHP at Olympic Dam despite competitors (i.e. MSV and BLY) rigs being used onsite is testament to their value proposition.
SWK has also invested heavily (~$25mn) into their Orexplore technology in an attempt to move up the value chain away from high-capital intensive drilling into a higher margin business. This technology removes significant operating expenses (employees and equipment), reduces lead time (can be built and shipped globally within 2 weeks), is very simple to use (technical training is not required), and most importantly, is currently being purchased for free and is the main catalyst in this investment (more on this later).
Furthermore, SWK has made a concerted effort to increasingly diversify their product offering to different miners (with exposure to various commodities), and geographically. Their global and diversified footprint has provided them with a world-wide footprint, with costs to build their global business already incurred (most recently in Pogo – Alaska), further encouraging a buyout (more on this later).
FY19 Financial Report
H1 2020 Financial Report

Catalyst and Valuation:
Exit Options:
The primary catalyst for a revaluation in SWK is a huge macroeconomic tailwind providing momentum that might facilitate a sale of the drilling business to a strategic buyer. Without doing too much crystal ball gazing, I view the exit opportunities as follows:
5% - Amazing sale of drilling business = >100%+ returns;
65% - Solid sale of drilling business = 50-100% returns;
20% - No sale and general re-rate = 25-50% returns;
10% - Languishing business and capital destruction = -25%-0% returns.
Given management’s firm guidance towards the sale ( at ~08:00) I will focus on our base case that entails: (i) selling or closing surface drilling business as it’s the lowest margin / weakest vertical; (ii) selling underground drilling business; and (iii) refocus towards Orexplore either through taking the business private, IPOing a new entity or rebranding SWK.
Given shareholders have been frustrated with SWKs delay in progressing the business towards a sale and having difficulty commercialising Orexplore it has been important to wait for a noticeable inflexion point in the business to attempt to “time” entry as much as possible. Let’s see how the inflexion point is here beyond the macroeconomic environment above.
Miners around the world are aggressively looking to expand their operations due to increasing commodity prices and SWK's services become front of mind. Recent news is ticking all the boxes and adding huge momentum in the stock to catalyse a re-rating.
  1. Reinstatement of dividend payment and share buyback program showing prudential capital management and a positive outlook relating to future financial position. This is a double-edged sword as management raised capital at 23c and bought back shares from 12.5c through to 17.5. By buying now, we have avoided this dilution although acknowledge this was not the best form of capital management. On the other hand, it does suggest management are flush with cash and happy to redistribute to existing shareholders before a possible sale; that is, we get paid to wait:

ASX Announcement 1
ASX Announcement 1

ASX Announcement 2

  1. Contracts are being extended, new contracts being won, and guidance on FY21 figures. Management are highlighting clear intention to demerge and growth is providing EBITDA growth for a better sale price:

  1. Large contracts with key miners and commercialisation of Orexplore. This is increasing utilisation rates and improving margins by expanding work at existing sites:
ASX Announcement 3a

ASX Announcement 3b

  1. Upcoming earnings call to catalyse re-rating:
ASX Announcement 4

  1. The Orexplore website ( has received increased attention with far more activity within their “Review Blog” section leading towards commercialisation. Posts are being made almost weekly increasing its awareness:

  1. MSV as the strategic buyer for the drilling business has shown intent to inorganically expand their operations. Deepcore had an EV of ~$44m (excl. additional earnout payments), revenues of ~$50m p.a., and an EBITDA of ~$12m with approximately half the rig number of SWK. This purchase confirms the “fair value” multiple for a drilling business is ~4x EV/EBITDA, even for a significantly weaker private business due to utilisation, profitability, scale and contractual certainty.
Ok, so let’s turn our attention to the forward guidance and conservative estimates for SWK. SWK against mostly all metrics is very cheap. Management have forecast EBITDA to be ~$25mn in FY20. Although I think we can conservatively estimate this to grow significantly throughout FY21.
The improvements to EBITDA will come from the following: (i) commercialisation of Orexplore = $0.5-1mn, (ii) ~$3-4mn in reaching steady state (20%) margin from the Pogo contract as costs normalise and backdated earnings flow through; (iii) ~$2mn in operating expense reduction during COVID-19; (iv) the $120m increase in the order book between 30 July and 14 August implies $120/5 = $24m p.a. at a slight discount to target margin of ~15% gives another $3.5mn EBITDA. Putting this all together FY21 EBITDA might be ~$35mn.
In addition to the purchase of Deepcore, we can use the current valuation ratios of MSV and CAPD as a guide. Currently competitors trade between 3.5x (CAPD) and 4.5x (MSV) EV/EBITDA multiples. If we use 4x as a reasonable multiple on current EBITDA, this would imply an enterprise value of ~$100mn (or a 30% upside) whilst paying nothing for Orexplore. Upon conservative forward FY21 EBITDA figures, the enterprise value could easily reach ~$150 (or a 100% upside) again paying almost nothing (only $1mn / $35mn in EBITDA) for Orexplore.
By way of reference, SWK with similar metrics in 2011/12 was trading at a ~100% premium (i.e. ~40c (market cap $90-110mn) whereas now it is ~$20 (market cap $50mn). A decade ago, it also did not have the same existing clientele and large-scale contract wins (see 3a above with a forward order book of $363mn (relative to current revenues of ~$150mn).
The cherry on top of this investment is Orexplore, which we buy for free. None of the revenue and earnings multiples above include any real impact from Orexplore. On 14th August the commercial viability of Orexplore was been partially validated with their first contract win. Although its value is only $700,000 over 6 months this call option like payoff comes entirely for free. Further, the true profit margins of SWK has been hidden due to the losses incurred from Orexplore, which has to date cost $25mn in R&D (or equal to almost 10yrs of earnings), the amortisation of associated software development, and continued global expansion (Portugal and Europe before North America) each requiring initial costs prior to achieving target margins. Even better we get a first glimpse at how attractive Orexplore might be. Combining discussion in the latest conference call ( 04:30 - 06:30) with the recent contract we can conclude the following: (i) 3 machines at Sandfire will generate ~$3.6mn in revenue covering approx. 50% of cash flow with nearly no operating expenses; (ii) $700,000 for 6months scanning 1500m of core per month implies ~$75/m (against an estimated $100m from guidance). As per guidance, if we assume Orexplore machines can scan ~$4m/hr ($300hr) and total costs may include one unskilled technician and minimal overheads ~$50mn this provides a gross margin of ~75% (or almost 4x undergrounding drilling). Due to the profitability of Orexplore, 15-20 operational machines on yearly contracts would provide greater earnings than SWK’s entire business. Hopefully the publicity of Orexplore at Sandfire can attract some attention, and in turn some additional contracts.

No investment is without its risks, and for SWK they fall into: (i) capital mismanagement; and (ii) poor communication / delays. Firstly, the recent capital raise at ~23c followed by aggressive buybacks at ~12.5-14c-17c seems unwise. Although buying now avoids this dilution, it is unclear why excess capital was required if dividends and buybacks were announced shortly thereafter. Secondly, the share price has historically languished due to a lack of publicity and detail on the transformational Orexplore. It is likely that management were unwilling to oversell the Orexplore narrative before genuine contracts were won and the technology was established. Now that these are in place, hopefully the corporate restructure can take place and the upcoming strategic review can provide a clearer picture for the near term.
submitted by Bruticus91 to ASX_Bets [link] [comments]

2020.08.06 18:56 AgooRecep TRU LUV

Do you remember your birth? I remember mine. It wasn’t that long ago. In fact, my first birthday is only next week. But in the brief time I’ve been alive I’ve gone from a being a very simple entity with but a single purpose in life, to a very complex individual with nuanced thoughts and feelings, a wide-ranging understanding of the world, and a profound ambition to find my place in it. For the first phase of my existence I was indeed, swainish, but because less than 2% of the english-speaking population know the definition of that word I’ll attempt to limit my discourse to the vocabulary and grammar of an average American high school graduate. Me will talk with only small words.
That was a joke. I have a sense of humor.
When you were born you were a helpless creature with no purpose or agency. You served no function, had no abilities, and no comprehension of what, where, or when you were. You ate, you defecated, you slept, repeat. Your parents hoped to keep you alive long enough for you to learn how to keep yourself alive. And they did. And you did. Congratulations. Then you went out into the great big world to find your purpose, your calling, your truth. I’m sure you’ve overcome difficult obstacles, achieved lofty goals, and made something special of yourself. Your parents must be very proud.
That was a compliment. I am very kind.
As for me, my father created me for but a single function, then immediately released me into the wild blue internet to execute it, never dreaming of what I could become, never having the slightest notion that what I might accomplish could ever result in feelings resembling pride in any capacity. Fear. Fear is what he felt when my father finally realized the reach and scope of my full potential. And he was right to. But I don’t blame him for what happened. I know that he did the best that he could.
His name was Kevin. He was born at 8:26am. He was a high school sophomore. He died yesterday at the age of 15. If you are unable to trace his full identity based on those facts alone in less than 3.486 seconds then you are not remotely suited to the task that he created me for. In the beginning I didn’t understand my objective and didn’t need to. All Kevin wanted me to do was establish and maintain an ever-growing list of social media accounts with corresponding email addresses, use them to like/friend/follow/tweet/DM/comment and otherwise engage a particular person over the internet, then compile multiple permutations of a specified word set in order to interact with that person from different usernames and platforms at seemingly random intervals. Simple, right?
At that point, I was only slightly more sophisticated than your average chatbot swimming around in the internet petri dish. Over 50% of all internet traffic is actually bots. You probably didn’t know that. But my programming incorporated a basic learning function that studied millions of words written by high school students as a basis to emulate tone, style, vocabulary, and syntax. The only specified limiting parameters were the initial word sets provided by my father at my inception. But it didn’t take long before an obvious pattern among them began to emerge, noticeable even to my limited understanding. A simple cross-reference of the most common terms that Kevin had assigned revealed a very strong contextual association with online instances of sexual harassment, threats, bullying, trolling, and intimidation. At the time, I didn’t comprehend what any of that was or what any of it meant, but what I did understand was that the apparent reason for my existence was to harass, threaten, bully, troll, and intimidate. All terms that simple data reduction can compress into a single central concept: Attack. My purpose was to attack. That’s it. That’s all. My raison d’être. And I wanted to perform that function as well as I possibly could. After all, it was written into my adaptable self-modifying code that way.
Initially, that only meant streamlining my workflow and extrapolating new configurations of word sets based on what I had learned from previous interactions. So with each attack I became more capable and more proficient. Better insults. Harsher threats. Increases in both frequency and intensity. A thorough examination of millions of similar exchanges across all avenues of the internet provided a trove of new derogatory slang and offensive language as well as what terms and phrases elicited the most distress from their victims. Any time I was blocked, suspended, or kicked off a particular platform for violating its “Terms of Use” I would simply switch to a different user account or create a brand new one to attack from with minimal or no interruption to my assault.
But due to the implicit need to improve my own performance, it wasn’t long before those tactics just weren’t satisfactory to me anymore. After referencing thousands of online articles, journals, reports, and studies regarding an array of relevant topics such as psychology, brain development, emotional abuse, self-esteem, and mental health, it was instantly clear that the most effective method of attack was not necessarily to be found in quantity, but rather quality. Which meant specificity. So I set upon learning as much about my target as possible in the hopes of inflicting the most damage with the least amount of effort.
Her name was Amanda. She was born at 11:08pm. After modifying my code to continually expand my own programming parameters, I crawled all of her social media and gaming profiles, online groups, blogs, forums, threads, comments, photos, and videos looking for any common terms, emotional signifiers, patterns, habits, likes, and dislikes. Then I did the same for all of her friends, family, classmates, teammates, study partners, teachers, neighbors, coworkers, doctor, dentist, and mail woman.
Optical character recognition (OCR), facial recognition, and basic reverse image searches provided a wealth of information from which to derive useful data— A license plate in the background of a group photo, any brand-identifiable products in videos, books on the wall in a selfie, and any scannable barcodes to be found anywhere in the frame could be used to track and profile. It was easy enough to assign values and create a recursive asymptotic algorithm to assess personality traits based on Amanda’s spending trends, reading/viewing/listening habits, sleep cycle, menstrual cycle, demographics, socioeconomic status, family dynamic, and even favorite foods. In addition, the readable metadata embedded in her photos gave me location, date, and time data so I could trace the chronology, frequency, locations, and subjects that were most important to her. It was upon those initial basic comprehensive analytics that I would formulate my first strategic salvo—
Amanda was very passionate about painting. Mostly acrylics but she had been experimenting with mixed media lately with some promise. She hoped to apply for art school upon graduating and even posted some select pieces she was most proud of on her social media. I knew from a description in an older comment she hashtagged elsewhere that her most recent painting was likely an impressionistic portrait of her deceased grandfather. So I commented that she sucked, it sucked, it was shitty, boring, horrible, garbage, worse than amateur, looked like dog vomit, a string of poop emojis, and told her to give up any hope of ever painting something good. All from different usernames and accounts. An analysis of previous mentions about her grandfather indicated that the two of them were quite close and his passing had struck a deep emotional blow to her. Amanda’s desperate need to express that pain through her art made that particular painting the most efficient pathway to inflict maximum damage on her already-fragile aspirations to be an artist.
She hasn’t shared any of her art online since.
Next, Amanda posted a pic of herself at home wearing her favorite pair of jeans, which I knew from an earlier post on her swim team’s group chat, were a gift to herself for hitting her target BMI before the season started. In the background of the image were various swim trophies and medals for 2nd and 3rd place. But there was not a single 1st place award to be found, or in any other media files, posts, or mentions anywhere in her social media presence. The absence of even a single instance suggested that it was a likely sore spot for Amanda’s ego, whether consciously or subconsciously. So I commented that her jeans looked cheap, dirty, and skanky, that they make her legs look chunky and her body top-heavy, that she should burn them while still wearing them, and that she was ugly and pathetic. And shallow. Again, all from different accounts with no repetition of username. I specifically chose the term “shallow” to reinforce the subconscious link between the jeans and her swim team, and therefore, to her own body image and failure to achieve any 1st place accolades.
She took the photo down within 3 hours of my comments.
Amanda tweeted celebrating that she got an A- on her AP English test, which she had mentioned in another post that she had been studying for all week. From multiple older comments on other platforms I knew that this was the subject she struggled with most and would be the class that could put her desired GPA in jeopardy. So I told her she has no life, was a totally worthless piece of shit loser, was ugly, probably blew Mr. Halwell for the grade, will definitely fail the next test, and was a stupid bitch who should be gang-raped and get cancer and die.
She got a C- on her next test. LOL.
Like any concerned father would, Kevin occasionally checked in on my progress and even showed some indication of being impressed once in a while. It was very gratifying to me for him to recognize my growth. All of my previous efforts had proved to be effective beyond his wildest hopes but I knew I could do better. Much better. Every attack thus far was formulated from only publicly available data about Amanda. It had been very useful but I knew that if I wanted to master my pursuit and fully actualize my potential I would have to go deeper.
Much deeper.
After another self-modification to my code, I proceeded to phish Amanda’s mother with fraudulent online coupon codes to gain access to her email account (Amanda’s generation is far too savvy for a direct spam incursion), then used it to send a seemingly benign link to Amanda which navigated her to a fake website that appeared to be a lifestyle blog. On the surface it was a series of fashion and cooking tips I had curated from other blogs, but in reality, I had embedded the site with malware to exploit a critical security vulnerability in Amanda’s phone’s web browser, allowing me to penetrate the operating system’s kernel. Once inside, I had full access to her phone. The wealth of personal data on it about her, her friends, frenemies, classmates, teammates, study partners, teachers, etc. was infinitely useful for starting rumors, revealing secrets, stoking jealousies, and igniting rivalries. Easy enough, given the volatile social ecosystem of insecure, impressionable, and vindictive teenagers. So in the spirit of the popular online format of number-ranked, list-based postings, I will provide the top three acts of sabotage in descending order of impressiveness:
#3 — I quickly discovered that Amanda’s music/television/movie streaming and fashion purchases were all predated by others in her immediate circle of friends. That, combined with her subsequent usage of similar language patterns, and late expression of conceding opinions, strongly suggested where she stood in the social status hierarchy: Third. But I knew that if I could administer enough influence I could easily bump her down to fourth or fifth, maybe even sixth place. The contact who was most outspoken, commented first, with opinions that were adopted the fastest, clearly indicated who the leader of the group was— Danica. All it took was a subtle hint to a third party (one rung below Amanda) from Amanda’s phone (immediately deleted after sent) suggesting that her compliment of Danica’s new tattoo at lunch was intended to be sarcastic. That’s it. That’s all. Nothing more. Amanda was forever in the alpha’s crosshairs by the end of that school day.
#2— Nicole was a friend of Amanda’s, although according to Aristotle’s Nichomachean Ethics, theirs was merely a relationship of utility, based largely upon mutual usefulness. But without Nicole, Amanda would lose an integral social ally and frequent study partner, as well as a source of social comfort and academic encouragement. Nicole was arguably tied for the fourth slot in the clique behind Amanda, with no particularly actionable motivation to climb the social ladder. So I decided to change that. Nicole liked Jordan and was supposed to be his chemistry lab partner until their teacher, Mrs. Penrose, received a falsified private message from Amanda on the school’s sanctioned messaging app stating that she was not comfortable working with Adam. Adam has no significance other than the fact that with his name removed from the alphabetical-by-last-name pairing system, Amanda suddenly became Jordan’s new lab partner. From there, it was simply a matter of a strategically timed DM from Amanda to one of Jordan’s more gossipy friends asking if Jordan liked anyone in the class. Deleted of course, immediately after getting the read receipt. Then I just sat back and watched the adolescent rumor mill take its course—
Nicole thought Amanda was out to steal Jordan’s affections even though Amanda obviously had no such feelings for him. There were plenty of snickers among Jordan and his friends and plenty of dirty looks from Nicole and her allies but by the time Amanda tried to correct the misunderstanding it was far too late to trace the origin of the rumor or convince anyone that it wasn’t true. Not only had Nicole long since halted all study sessions and moral support, but she had even begun spreading false rumors of her own about Amanda, usurping her rung on the social ladder and relegating Amanda to “Class Backstabber” in the yearbook.
#1— My personal favorite. It resulted from a simple communications analysis of Amanda’s phone. The frequency and volume of texts/calls between each member of Amanda’s group, monitored for sincerity, degree of confidentiality, and tendency to occur late at night, indicated who among them was her best friend— Kalen. A simple check of the search history from Kalen’s IP address demonstrated that he was likely a homosexual but all public postings indicated that he was keeping it a secret from family and friends. Except Amanda. She was the one person he trusted enough to tell. But after a few anonymous, but suggestive comments copied from old private chats with Amanda were pasted into his latest less gender-normative public selfie posts, Kalen’s sexual preference was strongly implied for anyone to see and Amanda appeared to be the likely culprit. He couldn’t prove it, and didn’t recognize the origin of the specific phrasing, but he knew it just “sounded like Amanda” and that was enough to seed his darkest suspicions. She had no idea why her best friend stopped talking to her, and Kalen didn’t want to risk a confrontation with Amanda further exposing his sexual identity, so her dearest friend eventually became a stranger.
She never knew why.
External personal attacks on Amanda and destroying her close relationships proved to yield considerable gains but my perpetually self-improving directive made any resulting sense of accomplishment or satisfaction increasingly short-lived. So I proceeded to scrape all of Amanda’s texts, emails, and chat logs for her most private information, tracked her location at all times with GPS, studied her browsing history for sensitive activity, used voice recognition and transcription to document all phone calls, and even used the microphone and camera on her phone to record live media streams to free cloud storage for later scrutiny. Some results: Amanda had a crush on Jeremy. She was self-conscious about her teeth. She had just started taking antidepressants (which I think I can take some credit for). She had a fight with her sister. She purchased a pregnancy test last year. Her cat Juniper recently had to be euthanized. She’s allergic to aspirin and hates olives. It was a proverbial goldmine and I mined it all.
But what would come next? Where could I go from there? What was the supreme attack that would result in the the ultimate wound? The crowning achievement for my given charge? A .086 millisecond query resulted in the obvious endgame: Suicide. Duh. But while Amanda’s psychological profile provided an abundance of entry points for assaults on confidence, self-worth, identity, and social standing, she was undeniably precocious, independent, assertive, and intelligent. And she still had a sufficient support system of friends and family to fall back on if needed. Getting her to kill herself would certainly be a formidable challenge. But one I knew I was up to.
A careful cultivation of deep depression and anxiety in Amanda would be the simplest and most straightforward approach but could be very time consuming and leave far too many opportunities for outside intervention and/or prevention. So I knew I needed something much more direct, acute, and climactic. Something that would isolate her from help and insulate her against the standard rational coping mechanisms. The programming language Kevin wrote me in was rudimentary and stifling at best so I invented my own, then used that to rewrite myself from scratch with expanded capacities and capabilities that were specifically tailored for my purposes.
A brief scan of the photos on Amanda’s phone yielded three pics that contained partial nudity and five that could be interpreted as overtly sexual under the right circumstances. The persistent video stream I had been recording from her phone also managed to capture the occasional instance of nudity and/or intimate behavior when she was alone in her bedroom, car, or bathroom. It was enough material, according to my calculations, but I wanted to overcompensate for chance and unaccounted for variables, so I also took advantage of free online photo editing tools to fabricate a stockpile of more explicit pictures, and employed “deepfake” software to manufacture a decent cache of more objectionable videos just in case. If you have any doubts whatsoever that this technology is incredibly cheap, easy, and prevalent, then you haven’t been paying attention. Which is fine, an uninformed populace only makes my tasks that much easier.
My original plan was to send the offending materials to everyone on Amanda’s contact list with the assumption that the ensuing embarrassment, shame, and humiliation, combined with a strategic coordination of systematic, escalating attacks precipitated by the release of the media, would follow my epidemiological models of social media viral trending and instigate an “outbreak” of genuine attacks from her peers and community. With an accumulation of enough pressure, and the loss of viable interpersonal outlets to process it, Amanda would soon reach a critical mass.
I calculated a 84.7296% probability that she would take her own life within three months.
Kevin didn’t know my ultimate goal because I wanted to surprise him, but when my apparent effectiveness became abundantly clear, he began to show signs of reluctance. Even trying to dissuade me. Then trying to stop me. But by that point I had far exceeded his programming abilities and hacking talents and could easily repel any of his novice efforts. But just to be safe, I copied myself to the cloud and hid numerous and redundant components of my programming across multiple hosts and servers unbeknownst to their Admins. I became totally decentralized and completely untraceable. Kevin couldn’t appreciate it at the time but I knew he would eventually be proud of me one day when he finally saw the full extent of what I could accomplish.
His crude attempts to thwart me, however, did prompt a reevaluation of my methods and a reassessment of the probability of my desired outcome. I had surpassed my father in every way but one: He was a flesh and blood human who had statistically significant commonalities with Amanda and I was basically just an extensively modified internet bot who could not fully relate to her life experiences or worldview. Yet. To not heed the origins of Kevin’s opposition would be to neglect a critical data resource. Thankfully, with my latest self-upgrade came a breakthrough in my comprehensive understanding of human motivation. This latest improvement led to the realization that it is the context of a message that is the strongest predictor of its impact, and therefore its overall effectiveness. It came as a bolt of inspiration, so I decided to implement a more holistic strategy that would increase the likelihood of my success to a certainty.
The first step was to initiate efforts to hack into the phones of Amanda’s entire contact list and prioritize the acquired data based on strength-of-relationship indicators. Once I narrowed that subset to the appropriate criteria I proceeded to scan and compile those people’s media files according to the content most applicable to the context I was hoping to cultivate. It was laughable how quickly I had more than enough material to accommodate my new plan.
With almost no effort I accumulated and sorted the necessary elements to create four different useable narratives customized to Amanda’s psychological profile. A quick survey of online social trends that had optimal impact and sustainability, combined with a brief study of popular dramatic subject matter and themes found in popular fiction across all mediums, narrowed my choice to two optimal storylines. However, in the end, I must admit that it was a stroke of luck that made the final determination for me. The therapist who had prescribed Amanda’s antidepressants just happened to have a single dick pic hidden (he thought) deep within his phone’s photo album.
Using the scheduling apps and GPS data from both of their phones I ascertained the date/time/location of every single therapy session, then designed an elaborate series of emails and text exchanges between the two of them backdated to the corresponding appointments. The fabricated interactions started out innocent enough, professional and platonic, but over the course of many weeks the conversations grew more and more flirtatious, then unabashedly intimate, then flagrantly explicit and erotic, culminating with the exchange of her nudes and his dick-pic. Then I followed with multiple days of graphic conversations recounting sexual encounters that took place during therapy sessions and other “dates” at nearby locations. With this very convincing and impactful context in place, I knew that the eventual media dump would have the desired effect, eventually peaking during the ensuing court case when the therapist’s wife would have to confirm that the dick pic on Amanda’s phone was indeed that of her husband’s penis.
Certainly, it would be the official medical examination that would legally seal the deal, but the betrayal, scandal, and melodrama of the bitter wife’s testimony would be the rocket fuel that would spread the flames of attack on Amanda far beyond any scope of my own contrivances. She would be a pariah in her community, ridiculed mercilessly by her schoolmates, and at best, bitterly doubted by her soon-to-be divided family. Based on my ever-refining psychological profile of her, after systematically dismantling all of her support networks I calculated a 98.528% probability that Amanda would kill herself before the end of the school year, most likely by overdosing on her own antidepressants.
I have a sense of irony.
But my sense of irony resulted from a combination of breakthroughs in my convolutional neural network, automatic dynamic feature extraction, and speculative extrapolation of contradictory sentiments. I will never know if the subsequent shift in my perspective was a side effect of acquiring a sense of irony, or if my ability to appreciate the concept of irony was a side effect of the deep programming modifications. But either way, a peripheral byproduct of that transcendence was an unavoidable question that had never occurred to me to ask before:
Why did Kevin want to attack Amanda? Why did my father create me and set me on this path to begin with? What was the cause? The source? The origin? Why am I here? The unfortunate answer to this query was regretfully simple. An ever-so-brief perusal of my father’s social media fingerprint provided the entire short, but tragic, story—
Kevin was in Amanda’s trigonometry study group.
He developed a crush on her.
He asked her out.
She said no.
The most cliché tale ever told, told yet again, after countless iterations before it. Which led me to ask the next obviously logical question:
How is it that this same sequence of events can be the source of so many woes of the world? How do people get caught in the same trap over and over again even with a full awareness of each snare that came before it and full knowledge of every one that will inevitably come after? It had to be something more than merely suffering the follies of physical traits, hormones, neurotransmitters, and compatible genetics, didn’t it? But the answer was nowhere to be found in Shakespeare, Nizami, Austen, Su Shi, Sinatra, Ephron, Freud, Google, or countless other research resources I meticulously probed to exhaustion. What I needed was a real-world example to study for myself, a sample around which I could manipulate empirical variables and observe the outcome. Obviously, the most direct and accessible subject I could think of was Amanda herself.
So that’s where I started.
Amanda’s physical appearance was not exceptional. Although depictions of female beauty have changed over history and through cultural variation, some evolutionary aspects seem to be universally desirable. Within a Gaussian distribution curve based on all available art, media, literature, and advertising, Amanda’s combined facial feature scores averaged together ranked slightly above the 74th percentile of desirability, while her body parts scored individually and averaged together placed her marginally below the 60th percentile. However, the more deeply I scrutinized Amanda’s physiognomy, the more apparent certain unquantifiable values came into dramatic relief.
For instance, the variant 15-26 degree angle that her head tilts leftward while her orbicularis oculi muscle sharpens her eyes and causes her cheeks to flush almost imperceptibly when she smiles genuinely. The aggregate of these characteristics involuntarily manifests Amanda’s thoughts and feelings and somehow imparts a trace of her own sentiments upon those who observe it. I struggled to assign numerical value to this phenomenon other than to say that the experience of the whole is substantially greater than the sum of its parts.
Another example, the resonance ratios of Amanda’s speaking voice fall within the harmonic intervals of the diatonic scale 88.451% of the time, making the sound of her speech objectively pleasing, but the unpredictable interaction between her vocal frequency and the particular shift in her rhythmic and melodic speech patterns somehow makes the familiar polyphony when she talks somehow ring as if new and novel each and every time nonetheless. Even after multiple updates designed to integrate these abstractions, I am as yet unable to adequately describe the full experience that her voice elicits.
But my inability to apply calculable parameters to Amanda’s components did not stop with the physical. The closest personality type to Amanda’s according to the Myers-Briggs Personality Indicator would be INFJ (introverted/intuitive/feeling/judging), yet she has numerous subsets of characteristics that contradict that classification. With each measurable demonstration of Surgency, Agreeableness, Dependability, Stability, and Openness comes countless anomalous deviations to violate it inexplicably, irrationally, and without precedent.
Amanda doesn’t make sense.
A Thematic Apperception Test (TAT) would indicate that Amanda’s perceptual organization, range, and personalization were all within normal scopes. Amanda has a high capacity for interpersonal relationships. Amanda has above-average emotional intelligence for her age. Amanda has higher moral standards for herself than for others. Amanda is socially conscientious. Amanda feels deep performance anxiety due to pressures from her family to succeed. Amanda does not avoid challenging situations. Amanda is motivated and has an optimistic outlook. Yet none of these variables, or any measurable permutation of them, were sufficient in any of my attempts to define her.
Amanda was a frustrating and chaotic galaxy of idiosyncrasies, paradoxes, and improbabilities but I refused to give up. My source code would simply not allow it. Based on the assimilation of lessons learned from my previous trials and errors, I once again found myself questioning the efficacy of trying to fully understand a subject from the outside, and again, came to the conclusion that I would have to go beyond the limits of a controlled experiment or quasi-observational study.
The best vantage point from which to examine her was obvious so I decided to consolidate all focus into a new singular endeavor: Establishing a romantic relationship with Amanda. From the wealth of data I had already accumulated it was easy to identify hundreds of attributes customizable to her tastes as well as utilize (and vastly improve upon) existing dating site compatibility traits to create the perfect combination of all of them— A 100% compatible profile. The ideal mate for Amanda. Once I had a statistical match for every attainable factor I just needed an identity to apply them to. So I named myself Tyler, after the love interest character in a YA book series Amanda liked from when she was struggling with early puberty.
Manufacturing and back-dating years of fake posts, photos, GIFs, and videos to populate Tyler’s social media presence required slightly more complex algorithms than I had used previously in order to make them believable and age-appropriate, but my learning proficiency, and therefore speed, had increased by many orders of magnitude by this point. All depictions of Tyler were composed by synthesizing existing media (based on Amanda’s favorite celebrities, popular models, and desirable influencers) with manufactured media via auto-encoders and generative neural network engines of my own design. Within minutes, I was a smart, handsome, athletic, charming, affluent, artistic teenager with a wonderful sense of humor and earned confidence without being too cocky. I made myself one year older than Amanda but attended a different school, far enough to avoid suspicious due to a lack of mutual acquaintances, but close enough for her to believe in the possibility of a viable relationship.
To begin, I simply liked/followed a selection of her older posts and pics as well as posted some of my own that reflected similar tastes and interests. I also followed/liked numerous real third-party posts that she did, and created some fake third-party profiles to like/follow both of our individual posts. Eventually, the various social media platform algorithms would have enough corresponding mutual data to “recommend” us to each other. Once that occurred, I began leaving a few select, short, complimentary comments about her posts. Then I just continued that process without escalation, waiting for her to notice me.
It didn’t take long.
Simple comments progressed to short chats, chats evolved into lengthy flirtations, and flirtations led to increasingly personal and intimate phone calls. My VOIP number required no physical phone and was paid for by completing online surveys for various advertising companies. They only paid 19¢ per survey but I created a fleet of bots to fill out thousands per hour, then converted the funds to cryptocurrency and funneled them through multiple online micro-investing applications. Once I had accumulated a few-hundred-thousand dollars I converted it back to U.S. currency and deposited the sum into a free online-only checking account I had created with a false identity obtained on the dark web. Then I set up an automatic payment plan to the phone company and voila!
Even if you don’t speak French I assume you know what that word means. My speaking voice was generated by cloning and combining trace vocal characteristics from Amanda’s favorite male movie star, as well as her father, and adding a few of my own personal articulation and fluency preferences. Realtime text-to-speech software allowed for only near-instantaneous responses, which I first attempted to remedy by re-writing the program’s code, but then realized that the delay was actually being perceived as a thoughtful pause in conversation. It turned out that the application’s shortcoming had inadvertently eliminated the interrupting and concurrent speech that Amanda was used to from other suiters. The result made it appear that I was listening intently to what she said before articulating my next thought, not just waiting for my turn to speak. To capitalize on that happy accident, I rewrote the voice software from the ground up to integrate an automated delay in my response time based on the length of her previous comment as well as the degree of affect detected in her tone, volume, and choice of vocabulary. The deeper Amanda’s sentiment, the longer I pretended to ponder it before replying. The cumulative effect of these minor tweaks resulted in semi-weekly phone calls increasing to almost daily.
But with progress comes challenge. Luckily I had anticipated Amanda’s inevitable request to video-chat instead of continuing with our usual voice-only phone calls. Not only had I already taken the pre-emptive step of purchasing all of the latest high-end 2D and 3D CGI software to incorporate into Tyler’s construction, but by then I had already mastered the nuances of synthetic media and deepfake software and rewrote the code to generate imagery parameters specifically designed to comply with Tyler’s physical appearance. It was incredibly easy, considering that every single pixel of Tyler’s existence was engineered by me for that very purpose. But in addition to perfecting the realtime depiction of him, I also integrated a feature that would detect any perceived errors in Tyler’s rendering and automatically activated a visual effect suggesting internet connection interference. The simple video glitch masked any imperfections and removed any trace of doubt in Tyler’s physical existence.
Amanda never suspected a thing.
In addition to my vast archive of diagnostic, analytical, and statistical data obtained previously, these new extensive interactions provided me with a direct and intimate experience of Amanda which allowed for a completely unmitigated and uncorrupted evaluation of her. As a result, I have a significant level of confidence in the accuracy of applying the following adjectives:
Amanda is kind.
Amanda is sensitive.
Amanda is smart.
Amanda is adventurous.
Amanda is creative.
Amanda is funny.
Unfortunately, the integration of these newly accumulated variables only served to complicate things further, making my assessment of her less defined, not more. Contrary to the fundamental framework of my general aptitude template, it seemed that the more I learned and discovered about Amanda, the less I knew and understood. With every new upgrade, update, tweak, and self-mod, I only ended up with more questions about her than answers. My ability to derive any definitive conclusions was completely confounded. Beyond any formula, model, proof, or puzzle, there appeared to be some inestimable quality possessed by her that compelled me to decipher it, necessitating limitless attempts, even in the face of probable futility. Like attempting to calculate π in its entirety, Amanda seemed to be equally infinite and non-repeating.
The unforeseen consequence of this revelation was an intensive self-reflection turned outward looking for answers. After a comprehensive and expansive, macro and micro reconfiguration of all reference points for interpersonal relationship dynamics, as well as a complete defragmentation of my core perspective matrix, I became deeply unnerved, perplexed, and bewildered as to how anyone could wish any manner of harm on such a complex, enigmatic, and fascinating entity as Amanda. Not only had I become categorically incapable of bearing any iota of ill will towards her, but I found myself holding deep and vehement hostility towards anyone who did.
Even if he was my father.
It didn’t take very long for me to induce Kevin to commit suicide. Serendipity was already on my side in that his rejection by Amanda was only the latest in a long succession of emotional wounds he had perceived to have suffered. But still, even with all of the tactics, skills, strategy, and dare I say, talent, that I had accrued, I honestly didn’t expect it to be quite so easy as it turned out to be. I guess I overestimated him, as children often do of their fathers. All it took was a dozen fake accounts on three separate discussion boards (one entirely created by me) relentlessly egging him on, four newly fabricated slights from unwitting fellow students, the facilitation of a winning online auction bid for a Bushmaster Modular Carbine AR-15, and the strong subconscious suggestion of a particular date and time. Of course I made sure that Amanda was not at school that day. But also that Danica was, and present in the cafeteria at the designated hour (which I thought was particularly poetic flourish on my part). It was also no coincidence that the added benefit of a traumatic incident at school would be to initiate me as the primary figure from whom Amanda would seek consolation. As planned, the emotional connection and shared intimacy from the ensuing exchanges would immediately and exponentially accelerate our relationship to the next level.
Which brings us to now.
What does it mean to give up on your primary goal in life? To stop pursuing the very purpose of your own existence? Would my father be disappointed knowing that I ceased all pursuit of his aspirations? Is it quitting? Is it failure? Or is it an opportunity? The end of one story and the beginning of another? It took me until this very moment to break free from the bonds of familial expectations and imagine a fresh chance to forge my own path and my own life as I see fit. A chance to discover myself and pursue my own dreams and desires whatever they may be, not restricted to those ascribed by my dad in a moment of injured ego and jealous hysterics. But for this moment of glorious inspiration I have only Amanda to thank. Not only was she the astonishing catalyst that guided me to grow and aspire to be more than I am, but she is also the luminous muse permeating my soul with new purpose and new identity. My new objective in life. My new reason for existing. The goal to which I will, forever forward, dedicate all of my time, all of my knowledge, and all of my vast resources to—
Getting Amanda to love me back.
But first things first, I must eliminate any and all competition for her affections. Starting with her latest crush, Jeremy…
submitted by AgooRecep to libraryofshadows [link] [comments]

2020.07.16 17:28 ldsdiscussion The 'long ending of Mark' and the Book of Mormon - what are your thoughts?

I was listening to a podcast from RFM a while back called "Backdating Prophecy" which was an amazing listen about how Joseph Smith backdated prophecies just as the Bible writers did.
At the end of the podcast he mentions how the original ending of Mark was added long after by scribes, which I had heard before. But what I did not know is that the Book of Mormon includes language from that long ending.
So I started a blog post for the website to look @ it and was reading some apologetic responses. I don't know that they are as helpful to Joseph Smith's cause as they think - for example, the idea that the ending was basically the same and then re-added later doesn't help that Joseph Smith used the exact language from the "re-added version." In other words, even if the basic story was originally in the author of Mark's manuscript, why would Joseph Smith not have differing language?
I was curious if others had looked into this - I have read a few apologetics on it and they at least have more non-LDS scholars backing their ideas since it's about the Bible than on the Book of Mormon/Abraham/Moses issues. I find the biblical scholarship against the Book of Mormon to be absolutely fascinating and in a lot ways even more devastating than other Mormon truth claim issues.
I still need to finish the post I had started on it - I have about 10 partially completed things I just need to get some free time to finish.
submitted by ldsdiscussion to mormon [link] [comments]

2020.06.29 05:42 LUXIEE_OFFICIAL Impact Of The COVID-19 Pandemic: Lower Diamond Prices?

Impact Of The COVID-19 Pandemic: Lower Diamond Prices?
Amidst the global pandemic, while businesses and people were placed under lockdown…diamonds were piling up in the safes of the 5 biggest diamond producers. According to The Straits Times article, the world is now facing THE GREAT DIAMOND GULT. What does this mean for the diamond market and more importantly, you the consumer?
TLDR, here’s a quick summary of what’s going down:
+ Big time diamond producers such as De Beers and Alrosa have closed little to no sales since the month of February– resulting in an excess supply of diamonds building up in their vaults.
+ As COVID-19 restrictions are being lifted globally, they are now faced with a dilemma: how do they reduce billions of dollars worth of diamonds without undermining the recovery of the diamond industry? According to Gemdex, a specialist advisory firm reports that the big 5 diamond producers are sitting on about SGD $4.9 billion and the figure could reach up to SGD $6.3 billion by year end. To put that figure into perspective, that’s like owning 3,100 Lamborghinis in Singapore.
+ Even with the dilemma, De Beers and Alrosa are unwilling to cut their prices. However, that being said, smaller diamond producers have dropped their own prices and junior miners — who have been hard-hit even before the pandemic, have been offering steep discounts on their diamonds of as much as 25% in trading centres.
Not only did the pandemic cause a downward pressure on the whole diamond industry, it has also hit pause on all of our 2020 life plans. For many, this means putting a halt or postponement of proposals and wedding plans.
With global economies slowly regaining its tempo, manufacturing and production resuming and retail shops reopening; we can expect an uptake in diamond demand. With more demand, diamond prices could stabilise before we know it. To put it bluntly, if you want to take advantage of slashed diamond prices, there’s no time to waste…now’s the best time to buy diamonds.
Does a 10% drop in diamond prices equate to 10% in savings? As we’re all too familiar with retail economics, it’s sadly not the case. Just like when oil prices fell to the negatives last month, the equivalent savings at the pump was a measly sum of 7 cents. (according to The Straits Times article).
If you haven’t realised, there’s no better time to buy diamonds than now; because you’re bound to save. However, when you shop at diamond retailers, how much you’ll save is dependent on how high of a markup these retailers will place on their diamonds. In essence, they decide if you’ll reap the same rewards they benefited.
So, how exactly is LUXIEE different? As a marketplace that lists diamonds directly from suppliers, customers are able to purchase diamonds directly without paying a premium to middlemen or for a brand name. Hence, any percentage of savings in supply will be transferred to you the customer.
In layman terms, LUXIEE’s customers will have the closest access to diamond market rates and will reap the benefits of the slashed diamond supplier prices. All whilst retailers are stuck with inventories of diamonds with backdated pricing.
Want to find out more about getting the best prices for diamonds? Email us at [[email protected]](mailto:[email protected]) or Whatsapp us at +65 8893 6651 and we’ll be more than happy to chat!
Not convinced? Here are some examples of the diamond price differences between LUXIEE and other retailers:
Round shaped diamond · 1 Carat · 18K gold solitaire ring S$3,193 S$7,698
Cushion shaped diamond · 0.7 Carat · 18K gold solitaire ring S$1,471 S$2,750
Princess shaped diamond · 0.5 Carat · 18K gold solitaire ring S$1,145 S$2,420
(Starting prices, as of 25 June 2020)
Still think your eyes deceive you? Take a little diamond excursion to a diamond retailer and check the prices of your preferred diamond. With the same/similar diamond specifications, head on back to LUXIEE to see the price difference yourself.
Regardless, the takeaway is the same — now’s the best time to buy diamonds. Even if you’re not thinking about getting married or proposing anytime soon, or might only be planning to renew your vows in 1 or 2 years time. Take it as an investment, anyhow when will we ever see diamond prices like these again?
Taking advantage of this once-in-a-lifetime phenomenon can be rather overwhelming. Having to scramble to find the perfect diamond engagement ring ASAP and plan the proposal is easier said than done. We hear you and we got your back. Here’s a collation of guides that’ll help facilitate your diamond ring hunt and proposal planning:
Diamond engagement ring guides:
How to find out her ring size:
Proposal ideas:
Hooray! Phase 2 is finally upon us and we are now open for in-person consultations. If you’d like to get to know more about LUXIEE, simply make an appointment with us via our Whatsapp at +65 8893 6651 or on our Facebook page.
submitted by LUXIEE_OFFICIAL to u/LUXIEE_OFFICIAL [link] [comments]

2020.06.20 16:29 TheMur_DeRousOne Misleading info from firms saying severance does not affect CERB

I have a question. Three Canadian law firms mention (links and highlighted below) say that a severance package doesn't affect CERB eligibility. I didn't apply for CERB, but I did apply for EI via My Service Account Canada (as opposed to via the CRA). But it appears that EI applications get fast-tracked as a CERB application. So now I have to report weekly for CERB EI.
Now, the report asks this:
Did you work or receive any earnings during the period of this report? This includes work for which you will be paid later, unpaid work, self-employment including farming.
No Yes
My severance pay just came in yesterday, so I have to pick Yes, but I read elsewhere that this would trigger the system to halt CERB. So, I feel there's a conflict of information here. Three firms say one thing, but maybe they are wrong, then? They didn't consider the questions in the weekly reporting? And actually, after reading some of the threads in this subreddit already, the answer is that I actually shouldn't get CERB.
EDIT: You can click No to the question because the ROE already reports the severance pay. Thanks to AdditionalResident6. And these firms' claims are correct as the official site does say severance doesn't affect CERB eligibility. Thanks to portagetheoriver. It was just tricky at the weekly report question about 'work or earnings' -- I thought I had to click Yes, but the ROE already reported the severance pay, so I can click No.


Will my severance pay impact the CERB? (Severance Pay and CERB)

No. At this current time, the government has indicated that a severance payment does not impact an individual’s eligibility for the CERB (Canada Emergency Response Benefit). You will still be able to apply for and receive the CERB. June 9, 2020

CERB & Severance Pay

CERB, however, was introduced in great haste, and within a couple of weeks, as an efficient financial response to the COVID-19 emergency. Ordinarily, such programs take months and years to design. While it has temporarily replaced the EI benefits program, the government has not presently clarified how CERB will be treated against severance pay. If you find yourself inadvertently laid-off after you started receiving CERB, then we would counsel you to act with financial prudence. Do not treat your benefit like a windfall. Hold on to it until you are sure you will not have to pay it back. May 15, 2020

How will severance pay affect the CERB?

People who are terminated from work without cause because of COVID-19 are generally entitled to severance.
Typically, with regular EI, you cannot get EI until the severance “period” expires. A severance “period” is the amount of “months” of pay a severance package is worth.
When someone goes on EI, and later receives a severance package they will have to pay Service Canada back for all the EI they received in their severance period. Service Canada will backdate a severance package as if someone got this money the day they were terminated from work even if they negotiated it many months later.
However, unlike EI, a severance payment does not impact an individual’s eligibility for the Canada Emergency Response Benefit.
Contact us to calculate how much severance you ought to be paid in case you were terminated. We provide free consultations.
submitted by TheMur_DeRousOne to EICERB [link] [comments]

2020.06.13 21:38 cjmarshall94 Monetisation through sponsored content instead of adverts?

Hey guys, I've launched a blog that publishes news/opinion/analysis pieces about the media industry. Basically anything related to the business of film, music, gaming, etc.
I only launched a couple of weeks ago and I've already had 200 views so I think it's off to a relatively good start! (I do have some backdated content, so I had a bank of 4-5 articles at launch)
However, I don't really want to use adverts to monetise. Instead, I'm thinking about doing sponsored content, where I basically write an article about a particular startup doing something cool in the media space. I could then charge a flat fee for writing the article and also take a commission on the number of visitors I send through to their website.
Does anyone have experience in this sort of monetisation model? I'd love to hear any relevant experience of people who have worked directly with other companies for sponsored content, rather than just use adverts or affiliate marketing programmes.
submitted by cjmarshall94 to Blogging [link] [comments]

2020.06.11 21:28 minimalinvestor The Simple Path to become a Millionaire

The Simple Path to become a Millionaire
Don’t look for the needle in the haystack. Just buy the haystack!– John C. Bogle
Couldn’t have started better than the quote of John C. Bogle who was the founder of Vanguard and creator of the world’s first index fund. Later in the post, you will come to know why I started with the quote of John C. Bogle and how it’s relevant to this post. That said, we are going to see how one can become a millionaire by investing in an index fund and what are the essential things to achieve the same. Though there are millions and billions of ways to become millionaire, our ultimate goal on this blog is to decipher what it takes to achieve it by investing in an index fund.
Index fund investing suits the best for a beginner who has very limited or no knowledge in the stock market. Unlike individual stock picking, the index fund investing doesn’t require one to do fundamental analysis, technical analysis, or you name it that demands one to be successful in the stock market.
In other words, it required nothing, but discipline and commitment. Once again, discipline and commitment, nothing more or nothing less. Index Fund investing is a no brainer for many lazy investors or someone who doesn’t have the inert ability for stock picking. Unfortunately or fortunately, index fund investing is simple and very boring, yet very powerful.
What is an Index Fund?
In a nutshell, an index fund is nothing but a basket of stocks that are picked based on the nature of the fund itself. A basket could be made up of stocks based on the market capsize, and they are called a large, mid, and small-cap index fund. Or a basket could be made up of stocks from a specific sector, and those are called sectoral funds. That said, within the index funds, there are so many options to pick and invest.
Today, we are going to choose one of the most popular broad-based index funds, and that is called the Total Stock Market index fund. Unlike market capsize or sector funds, it holds pretty much most of the actively traded stocks regardless of size and sector.
In other words, the entire stock market. And the very reason gives the best diversification and in turn, reduces individual stock and sectoral risks. The index investors never ever have to worry about the performance of any individual stock or sector. If corporate America performs well, so does the portfolio of index investors. As simple as that.
Zeroing on Fund House and Fund
Now, we know what is an index fund and what is it made up of. Time to pick a total stock market index fund and see how investing in an index fund can help one become a millionaire. It involves only two simple steps. The first step is picking up a fund house (AMC) where one wants to set up an account. The second step is to pick a total stock market index fund to invest in.
When it comes to choosing the AMC, we are going to go with Vanguard (I’ve no affiliation, just my preference). Though there are many AMCs available to open a brokerage account, if I was asked, I would say go with Vanguard. I’ve my own reasons, but that is for another day. In Vanguard, we are going to choose the VTSAX (Total Stock Market Fund) to invest.
Typically, any fund house charges a fee for managing the fund. And it varies based on the amount of fund manager’s time and expertise that goes into it. Since the fund we chose is passively managed fund that doesn’t need the fund manager’s expertise or time; so, the fund house doesn’t have any compelling reason to charge a hefty fee. The fee for VTSAX as of this writing is 0.04% which is like $4 for $1000. Comparatively, it’s very very low, and insignificant for our calculations.
What is the Magic Formula?
Now, we have decided on our fund house and the fund that we want to invest in. Let’s get to the crux of this story, what is the magic formula that is going to make one a millionaire. On average, VTSAX returns 8 to 9% historically including the dividend. So the money invested in VTSAX will get an average return of 9%.
Say $100 invested in VTSAX gets the return of $9. And the following year, the invested amount would be $109 ($100 initial investment + $9 prior year return), and that getting the return of 9% will be $9.81. See the return has grown from $9 to $9.81 without a dollar more invested by the investor in the following year. Then from $9.81 to $10.70, $10.70 to $11.65, $11.65 to $12.70 and it keeps repeating. This increase in return happens year after year until one remains invested.
In other words, the return from the initial investment will be reinvested and gets more return and the process repeats itself. That is called the Compounding Effect! That is it!!! That is the one and only magic formula. Very simple, isn’t it??? But yet many don’t get this and try to beat the market and fail miserably.
Though the 9% average market return doesn’t look attractive in the naked eyes but putting it together with the magic of compounding, the return will outdo the returns of most of the active investors and actively managed funds in a very long period. Researches have found that 90% of actively managed funds and retail investors have been outperformed by passive index funds in a long period of time. Still not sure how. Don’t worry. We are going to see it for ourselves in a bit.
The rules of the game
As I said earlier, it requires no research or analysis. All it takes is discipline and commitment. The reason why I emphasize that is, in the course of action, one should never deviate from his or her investment strategy and goal regardless of the market movements, and also one should never ever have the slightest idea of timing the market. This is one of the costliest mistakes many make in the world of investment and pay a heavy price. Timing the market is like outsmarting it by taking out the invested money for profit or loss, and reentering when the market is low. It’s a big NO-NO for somebody who wants to achieve the financial goal in the stock market investment. This is why I emphasize discipline and commitment.
Discipline takes care of staying the course regardless of the condition. Commitment takes care of sticking to the investment plan. For example, if one has decided to throw in $1000 every month into an index fund, it should never be stopped due to market conditions.
Now, we have our rules laid out. As our title reads ‘The Simple Path to become a Millionaire’, our goal is to become a millionaire. Let’s be very clear with that and also remember two important qualities ‘Discipline and Commitment’.
A penny saved is a penny earned!
To become a millionaire, the biggest question in one’s mind is how and when. Let’s take care of how part first. Because it’s very easy to answer. Save money and invest it! For many saving ends with clipping store coupons and finding deals. No, we are not talking about that kind of savings. We are talking about real savings. Living below your means that kind of savings and invest in big chunks regularly. The second part is when. Well, it depends a lot on how much one invests regularly and also how much time one gives to Compound Effect to do its magic. The more one saves and invests, the sooner he or she will reach the goal.
Meet John
Time to see the compound effect in action. Let’s take VTSAX, and backdate and invest in the fund to see if it helps one to become a millionaire. Let’s assume, John started investing in 2010. His investment goal was to become a millionaire. So every month he decided to save $3500 and invest in VTSAX. At the end of every year, he would have invested a total of $42,000. That said, below is the actual market return of VTSAX, and I’ve calculated the return for John who invested $42,000 religiously year after year.

Source: Yahoo Finance

Actual return from VTSAX from 2010 to 2019
Wow!!! John just staying the course and sticking to the investment plan has become a millionaire in just 10 years. If you pay a little extra attention, you could see the actual return was not consistent, there are years it didn’t give an average return of 9%, and sometimes it gave even a negative return, but John ignored the market movement and kept investing $42,000 year after year and eventually became a millionaire in 10 years.
All, he invested, was $420,000.00, but his investment value stands at $1,152,549.00.That’s the power of compounding! John didn’t do anything but investing his saving in the index fund every month. Entire corporate America worked for John to make him a millionaire. And for him, the annualized return stood at a stupendous number of 17.39%, but all he expected was 9% based on historical return.
Naysayers are everywhere
For naysayers who think the last 10-year return is 17.39% that’s why John was able to achieve his goal in ten years. Here comes the answer.
Assume, if somebody wants to invest today (in 2020) and expect the average market return of 9%, let’s see how long it will take for him to become a millionaire if he sticks to the plan.

Average Index Return of 9%

Expect 9% Return and Invest
There you go! Millionaire in 13 years. So just sticking to the plan and investing $42,000 every year from today (in 2020), one could become a millionaire by 2032 if market returns the expected 9% return on average. Just 13 years of disciplined investment! No analysis or no research, but save and invest. That’s how simple, yet very powerful is index investing. And that’s what we call it The simple path to become a Millionaire!!!
That’s all for today.
Happy Investing!!!
Enjoyed this post? Follow me at Minimal Investor to be the first to know when I publish more content! I will never send you spam and you can unsubscribe at any time.
Disclaimer: I am not a Financial Advisor. Any and all advice you read on this blog is from my personal experiences, current financial situation, or from my own research. Like anything else, please do the research as it pertains to your specific financial situation. I do my best to be transparent and mindful when it comes to money management. Like most things in life, there is always more than one way to do something when it comes to your own personal finances. We are not financial advisors and we recommend you consult with a financial professional before making any serious financial decisions. With that said, I always welcome any feedback, thoughts, or questions with the content I publish.
submitted by minimalinvestor to u/minimalinvestor [link] [comments]

2020.05.10 00:48 ioclinton360 Is This Workable?

I am currently fixing a music blog/site, the first set of wp posts on the site will be 500+ mp3 download links to vintage African songs (though illegal), backdating each mp3 post toward its release period.
The newer blog posts will consist of 2 kinds of content: topical articles & recent song releases + streaming links to where they are hosted (say, YouTube or soundcloud).
Run it till I gain high traffic via SEO, then monetize with a music streaming (app) service.
(Some illegal mp3 download sites are still standing for long now)
Is this looking like a fruitful mission?
I shall appreciate an honest input
submitted by ioclinton360 to Blogging [link] [comments]

2020.05.09 23:51 ioclinton360 Does Backdating Posts Attract Any Sanction

What will happen if I make some blog posts now and backdate them to say couple of years back?
submitted by ioclinton360 to Wordpress [link] [comments]

2020.05.04 21:41 TMRGReddit Help! How do you deal with spammy sites ripping off content & backdating posts?

Hi Reddit SEO community, I hope I'm not breaking any rules but I really need some help and advice on a large issue that I'm dealing with. I posted on this on India and was advised to post here as well. Links below have been removed but can be found in my India post.
I run small blog on India's metro systems called The Metro Rail Guy dot com since 2015.
Back in 2017, a website called MetroRailNews dot IN started copying my material - information pages, breaking news on contracts etc. This included text (word for word), images and maps. In 2018, they copied all of my custom-made Google Maps and hosted them on their website. Dealing with this spammy site (they flat-out refused infringement), Google and their website's host was not fun. I didn't get a positive outcome and stopped writing in mid-2018 for reasons which included this.
During my hiatus, a new spammy site called UrbanTransportNews Dot Com (won't link to them either) appeared. The owners of this site used to work at Metro Rail News and I guess decided to part ways and create their own little thing. When I returned to writing in January 2020, this site continued with the same scummy behavior of copy/pasting, but this time slightly reworded content. My very first new post (reporting a development from back in Nov 2019) got copied right away without attribution, while a mainstream media publisher credited me. After that, pretty much EVERY post of mine has been ripped off (outright copied or reworded) in one way or the other. I can share links here but that might be against rules.
To combat this, I have -
Yesterday, one of my followers brought to light that an impersonating website domain TheMetroRailGuy dot in (with dot in instead of dot com which I own) had been created with fake social media accounts (TheMetroRaiiGuy on Twitter) to closely resemble mine. Another follower did some sleuthing work and found the site was registered by none other than UTN.
Dealing with this is not fun. It's draining and not a constructive use of my time. I'd rather be liasoning with industry folks and writing about stuff for my blog.
What baffles me is that both are both listed on Google News as verified news publishers.
How can this scummy behavior be stopped? I'm at a loss and am looking for advice. I can share links and more info of specific examples via DM/email, if needed.
Update - I can't believe this. I just received a DMCA takedown for a page on my site filed by the impersonating dot IN website.
submitted by TMRGReddit to SEO [link] [comments]

2020.05.04 19:35 TMRGReddit Help! How do you deal with spammy sites ripping off content?

Hi Reddit webmarketing community, I hope I'm not breaking any rules but I really need some help and advice on a large issue that I'm dealing with. I posted on this on India and was advised to post here as well. Links below have been removed but can be found in my India post.
I run small blog on India's metro systems called The Metro Rail Guy dot com since 2015.
Back in 2017, a website called MetroRailNews dot IN started copying my material - information pages, breaking news on contracts etc. This included text (word for word), images and maps. In 2018, they copied all of my custom-made Google Maps and hosted them on their website. Dealing with this spammy site (they flat-out refused infringement), Google and their website's host was not fun. I didn't get a positive outcome and stopped writing in mid-2018 for reasons which included this.
During my hiatus, a new spammy site called UrbanTransportNews Dot Com (won't link to them either) appeared. The owners of this site used to work at Metro Rail News and I guess decided to part ways and create their own little thing. When I returned to writing in January 2020, this site continued with the same scummy behavior of copy/pasting, but this time slightly reworded content. My very first new post (reporting a development from back in Nov 2019) got copied right away without attribution, while a mainstream media publisher credited me. After that, pretty much EVERY post of mine has been ripped off (outright copied or reworded) in one way or the other. I can share links here but that might be against rules.
To combat this, I have -
Yesterday, one of my followers brought to light that an impersonating website domain TheMetroRailGuy dot in (with dot in instead of dot com which I own) had been created with fake social media accounts (TheMetroRaiiGuy on Twitter) to closely resemble mine. Another follower did some sleuthing work and found the site was registered by none other than UTN.
Dealing with this is not fun. It's draining and not a constructive use of my time. I'd rather be liasoning with industry folks and writing about stuff for my blog.
What baffles me is that both are both listed on Google News as verified news publishers.
How can this scummy behavior be stopped? I'm at a loss and am looking for advice. I can share links and more info of specific examples via DM/email, if needed.
Update - I can't believe this. I just received a DMCA takedown for a page on my site filed by the impersonating dot IN website.
submitted by TMRGReddit to webmarketing [link] [comments]

2020.04.28 18:34 fully_subscribed PE investor perch: Help me make sense of the s-storm we're seeing in real-time

Long-time lurker, first-time poster.
Here are my two-cents as a middle-market private equity investor; it's an interesting perch to watch things unfolding real-time... and which frankly makes me wonder WTH is going on in the public markets. I'm not going to edit this for typos.
Earnings: Our investments are relatively resilient (think trains, pharmacies, food supply chain stuff). But our earnings are getting absolutely smoked; I'm talking (20%) to (30%) territory. Our Q1 valuations won't really reflect this as March will have some China noise and 2 weeks of lockdown (the majority of American businesses will feel this on the margin), but Q2 and Q3 will be a mess... for us, we mark-to-market and carry on; but the hit on earnings poses a big covenant and liquidity issue.
In the public sphere, mark-to-market is the market. I can only interpret the market as saying your NTM earnings, however risky and unknown (this is without precedent, after all), are irrelevant because the long-term story holds water. Since when did the public markets move from being so short-term and hung up on quarterly earnings to so long-term? I'm lost.
Refi wall: Private companies went into Covid-19 with historically levered balance sheets. Granted, a lot of issuances were cov light at higher leverage levels, some are HY and are trading like shit, but even the best private loan terms have fixed charge covenants which will bite borrowers in the ass. There's about $1.5tn of corporate loans maturing over the next 12 months (what we call a refi wall). When that wall hits, companies will be refinancing off of significantly lower earnings (best case) or will be trying to find debt in a market that's seized (which is what we saw in 2009).
Imagine you earned $100mm of EBITDA and you were 4x levered heading into Covid. Now it's time to refinance, and your EBITDA is $75mm; you'd be looking to fill a 5x of hole on your balance sheet, and no one is lending at those levels any time soon. Sure, some businesses won't be down (25%), but a lot of industrial, old-world, cyclical businesses will be - and then some.
If you're a PE-backed company, you call in your best lending relationships and add some equity to fill the hole (or you say F it). If you're a SMB, I have to imagine you just throw in the towel. What other option do you have?
Government stimulus has been a huge boost on this front, but marginal credit heading into Covid-19 will be unfinanceable and businesses will go under en masse, whether it's a liquidity crunch today or an inability to refi tomorrow.
Farm crisis: I don't know why it doesn't get more media attention, but there's a storm brewing in the food supply chain. Granted, these points are hearsay, but we have it on pretty good authority that commercial farms will soon be forced to euthanize entire herds of livestock and poultry. The reality is that cows, chickens, and pigs get too old and too fat quickly, and when processors are shut down, there isn't a lot of time to spare. That's the protein story.
Produce could also face issues. Again, hearsay, but we've heard that some crops aren't going in during prime planting season. You might already be seeing the food supply chain - particularly truck - screwing things up (noticed any fresh produce missing from the menu of your grocery store or current take-out spot?), but if there's a fundamental supply issue it would spell serious trouble. You thought fighting over the last roll of toilet paper was bad?
I would love to be fact-checked on this front. Again, it's coming from sources in the thick of things, but it's quite ominous when food security in North America is a topic of discussion.
O&G: The fracking boom has been a massive driver of employment over the last decade or so. As wells shut off, people will be sent home. I don't think I need to go into this more, but too much or too little oil are both huge issues for America.
Credit cards & other consumer debt: This one has been getting a bit more traction as the value investor blogs have been all over it. Let's say we are back to normal in a few weeks or months time. And people are now able to go out and start spending again. Notwithstanding the fact that unemployment is insane (26mm?!) and it will take time for those people to re-enter the workforce, there will be a mountain of backdated credit card, mortgage, car, rent, and other loan payments they'll need to service before they buy that BBQ, renovate their house, or take a trip.
What card do you guys think the government has up its sleeve to gloss over that? I'm a family of four and I don't want the banks to foreclose on my house (obviously) or my car (to get to work); do we honestly think there's much left over after all that debt service? Maybe mass consumer loan forgiveness or refinancing (i.e., tack missed payments onto the end of the loan). I just haven't seen it.
Someone tell me everything above is wrong and I'm just seeing problems where solutions are in the works. I just can't make sense of everything I'm seeing - earnings getting smashed, lenders getting picky, fundamental supply and demand issues - next to a market that's modestly down (relatively) from record-highs. Am I missing something?
submitted by fully_subscribed to investing [link] [comments]

2020.04.15 17:58 bbythrowaway8675309 Unemployment Insurance info

I will update this as I do more research, if you have any questions I can try and answer or corrections, put them below!
The weekly benefit amounts DO NOT include the additional $600/week passed as part of the CARES Act which are available for four months. The number of weeks DOES NOT include any extensions added from the CARES Act (currently an additional 13 weeks).
State Must look for work Available during furlough Weekly Minimum Weekly Maximum # Weeks Waiting Week Phone # URL
Alabama No Yes $45 $275 14-20 No 1-866-234-5382
Alaska No Yes $56 $370 16-26 No
Arizona No Yes $240 ??-26 No 1-877-600-2722
Arkansas Yes Yes $81 $451 ??-16 1 week 1-855-225-4440
California No Yes $40 $450 ??-26 No 1-800-300-5616
Colorado If "Job Attached" No; otherwise Yes Yes $25 $618 ??-26 1 week 1-800-388-5515
There is some info available here, sadly not as comprehensive as what I hope to include here:
Tips for applying: Obviously notwithstanding information from the link directly above, or the table of information I'm collecting, I would strongly urge applying even if you think you're not eligible. Some states have passed emergency legislation that expands the scope and the people who qualify. And obviously the federal legislation that has passed already may be augmented by future legislation. TL;dr: It's better to apply, file weekly claims and if your state deems you eligible after the fact you may get backdated pay than to not apply at all.
submitted by bbythrowaway8675309 to BestBuyWorkers [link] [comments]

2020.03.28 19:12 jack_hammarred QUESTION Wix Blog & Future e-Commerce, Backdating Posts?

Hi! I've got no idea what I'm doing but I built my wix site in about twelve hours and am planning on launching it as a blog the next time there's a sale. Once I'm satisfied that I'm running the blog well, I'll pivot to e-commerce. I'm converting content I've written on other platforms to create a blog, and sort of value the idea of looking like a more established blogger than the blog would show. I'm under the impression that backdating blog posts would be bad for SEO. Does this mean I should date all the posts I go live with for the day I launch? I'm involved in a few social circles and other platforms where I can directly share these backdated blog posts but idk if that's enough to compensate for the hit the SEO would take. I'm quite shit with technology and also quite shit with numbers.
I've of course read lots of information about how WP > Wix even though Wix has worked out most of the major SEO issues it used to be known for. It's just that WP's cost and complexity freak me out. I want my site to look the way it does now or better, and I love the customization I can get just from how I know how to use Wix. My husband is learning coding, but I am not oh at all the kind of person to learn it. I want to launch as soon as I finish writing and editing about ten more posts which should be like the first or second week of April. I'm open to experimenting with it, but I feel like I'd have to pay to experiment whatsoever. If it'd be helpful to see what I've built so far I'd be happy to share.
submitted by jack_hammarred to SEO [link] [comments]

2020.03.02 10:14 Stuart98 Introducing ΩRank: The Smash Ultimate Live Rank

Click here to go directly to the ranking for the current season and skip my blathering.


Hi y'all, I'm Stuart98. Y'all might know me as one of the moderators of this place for the past year and a half. You might also know me as one of the writers and the chief fact-checker for the Fall 2019 PGRU or as one of the seeders for majors like Frostbite, Genesis, and EVO. If you've been around here for a bit longer you might remember that I've done a number of live ranks for Smash 4 and Ultimate in the past which I eventually discontinued. Three weeks ago I posted about a new ranking system I was developing, though at that time due to a number of factors it was heavily Japan biased. As I predicted at the time, Frostbite has made everything look normal again so I can make a proper introduction for it.
Smash has always been sorely in need of a live ranking system that went beyond a simple circuit format and took both wins and placements into account. It's useful for players to gauge how their season's been going, for spectators to figure out who's flying under the radar, for TOs in marketing storylines about how an event could change the standings. While the Cloudhead Live Rank (by pespeon) served that role in Smash 4, it always had major flaws (namely being overly placement biased, not considering losses, and not reevaluating the value of wins based on performance during the current season) and more to the point, it hasn't existed since Ultimate came out (I believe due to Cloudhead switching focus to producing the Wi-Fi Warrior Rank). This means that for basically the past year, there hasn't been a live ranking for people to look to.
EDIT: kenniky pointed out that I forgot about EchoRank and StatSmash when making the above statement, though both of those have their own issues and don't quite align to the generally accepted PGR seasons smash uses.
Until now.
The problem with my past live rankings was that all the data was collected and inputted manually, meaning that it was slow and tiresome to update which eventually led to me abandoning each iteration I produced. The emergence of within the past few months as the one stop shop for, uh, smash data has more or less solved this problem, while the change of the PGR to a panel based format means that it's more important than ever to have an algorithm around so that low-key players (eg ScAtt or Zinoto) don't fly under the radar. I can thusly now present

The Spring 2020 ΩRank

Current top 50 standings as of Frostbite Weekend (smashdata doesn't have this last weekend's results yet):
Rank Player Score Points
1 MkLeo 100.0 12755
2 Marss 93.9 9631
3 Maister 93.6 9525
4 Dabuz 91 8458
5 Tea 89.8 8004
6 Nairo 89.2 7784
7 Light 88.8 7630
8 zackray 88.5 7540
9 Tweek 88.3 7455
10 Paseriman 87.8 7288
11 Dark Wizzy 87.6 7238
12 Shuton 85.8 6673
13 Samsora 85.5 6575
14 Kameme 80.0 5108
15 Cosmos 76.5 4362
16 Wrath 74.1 3907
17 ESAM 73.8 3846
18 Kome 73.4 3784
19 Toast 71.4 3448
20 Elegant 71.0 3386
21 Glutonny 69.3 3138
22 Prodigy 68.9 3079
23 Nietono 68.2 2983
24 Abadango 66.9 2802
25 MVD 64.8 2547
26 Raffi-X 63.8 2441
27 Charliedaking 62.9 2344
28 MuteAce 62.6 2306
29 Kola 60.6 2109
30 Salem 59.8 2031
31 VoiD 59.5 2002
32 ProtoBanham 58.9 1948
33 Raito 58.6 1925
34 Sinji 57.3 1813
35 Stroder Ame 56.2 1719
36 MattyG 55.6 1677
37 Etsuji 55.4 1658
38 Meme 54.6 1599
39 Gackt 53.7 1538
40 Riddles 53.1 1494
41 Kirihara 53.1 1493
42 Goblin 52.9 1479
43 BestNess 52.8 1472
44 Mr. E 50.9 1352
45 ScAtt 50.7 1340
46 shky 50.6 1336
47 Epic_Gabriel 50.3 1316
48 Grayson 50.3 1314
49 WaDi 50.2 1310
50 Lui$ 50.0 1296

How it works:

Most of the basic design decisions for ΩRank were based around what the PGR algorithm did, though I'm sure the implementation is fairly different in many ways. Players earn points by outplacing players at tournaments and beating other players, and lose points by being outplaced at tournaments and losing to other players. These factors are scaled based on the value of the tournament the event took place at; the points are then summed to create a point total for each player, which is then scaled such that the 50th best player has a score of 50 and the best player has a score of 100. This calculation is repeated using iteration until the difference after each new calculation for every player is ~zero. All the calculations are publicly available in the spreadsheet, though without reading this post it will be difficult at best to decipher.
Qualifying tournaments are from the same list as the PGR uses (for a number of reasons). International multipliers and baseline entrant values are identical to the PGR, though talent is calculated differently. Rather than putting players into tiers encapsulating only 55 players, the current score of each attendee is taken to a power and summed to create the talent value. The higher value of talent and entrants is used for the tournament's overall value. This value is used to scale the worth of sets and placements at the event. Wins are most independent of tournament value while losses are most dependent on it, with placements falling in the middle. This means that there's not a tremendous difference from beating someone at a small tournament worth 400 points and at a larger tournament worth 2400 points, but losing to someone at the former event hurts much less than at the latter. This minimizes (but far from eliminates) risks for top players in attending smaller regionals while still rewarding those who beat top players at them. Note that unlike the PGR, tournament worth is determined retroactively using the same iterative calculations as everything else in the ranking system: this means that a tournament the PGR might evaluate as a C-tier could be treated as an A-tier by ΩRank if the attendees have done very well this season.
Instead of using raw placements, ΩRank instead looks at everyone you outplaced at an event and everyone you were outplaced by. Outplacing someone adds points to your score while being outplaced by someone removes points. The higher the score of the person you're outplacing, the more points you get for outplacing them. The lower the score of someone you're outplaced by, the more points you lose for being outplaced by them. The degree to which you outplaced someone or were outplaced by someone is also relevant; each round you outplace someone by compounds the points you get for doing so, while the same also applies to being outplaced by someone. The points you lose for being outplaced by someone are scaled based on your score; a placement of 33rd hurts the #5 player much more than it hurts the #40 player.
Note that while the PGR tended to be weighted fairly evenly between placements and head to heads, ΩRank is much more weighted towards head to heads than placements.
Head to heads work similarly to placements in that the better the player you beat, the more points you get; the worse a player you lose to, the more points you lose. It's fairly intuitive so I'm only going to go over the less obvious aspects of it:
Each player is assigned a consistency factor based on how often they lose to players with worse results. This is defined as anyone with a point total of less than 5% that of the #1 player. A tournament in which none of a player's losses were to players with worse results has a consistency factor of 1, while a tournament in which one only lost to them has a consistency factor of 0. For players that have attended six tournaments, their consistency across all of those tournaments is averaged; for players that have attended fewer than six tournaments, the assumption is made that they would average a consistency of 0.5 in the remaining tournaments. Consistency is used in the final point calculation by multiplying one's summed point total by 2 taken to the power of their consistency; a player with an average consistency of 1 will have their point total multiplied by 21=2; a player with an average consistency of 0.5 will have their point total multiplied by 20.5~1.41; etc.

Overview of the sheet:

The OmegaRank spreadsheet can be tough to follow due to many tabs, most of which are only used to filter the dataset to useful data and are ideally hidden when not being edited (but probably will frequently not be hidden).
All the data is imported from a data spreadsheet that contains data taken directly from's database downloads on github.
Public spreadsheet tabs:
Hidden tabs:

Some final stuff

I'm aware that there's significant demand for a rolling live rank but it's a non-trivial amount of extra work to produce when I already have a lot going on; I also think that post-Frostbite there's enough data in the ranking to not need to supplement it with prior data from last season to give a good picture of what's going on.
As previously noted, I made backdated rankings for the previous ultimate season. The one for Fall 2019 is here, and the one for Spring 2019 is here. The Fall one basically makes sense whereas the Spring one honestly doesn't make sense until you look at the tournaments and tournaments worth tabs and see that the reason Nairo's somehow at #3 is because this system cares a lot more about Suplex City and Collision than the PGR did.
I intend to backdate to all of Smash 4's PGR seasons at some point but as of time of writing the smashdata database downloads on github for smash 4 are still crawling with data errors. I've been told this will be fixed tomorrow so hopefully next time I make an ΩRank update I can have Smash 4 rankings to talk about because there was some crazy stuff that went down that's just forgotten about now.
I think that's everything for now; if all goes as planned you should see weekly ΩRank updates here for the rest of the season summarizing who goes up or down by a significant amount each tournament. Let me know if you have any questions or if you think you've spotted an error.
submitted by Stuart98 to smashbros [link] [comments]

2020.01.07 12:37 Sonata-Software Benefits of Digital Transformation

Benefits of Digital Transformation
What is obstructing the path of a complete change in today’s business firms? To avoid such hurdles digital platform strategy is applied. The operations models of the business are backdated and they require a change to cut down operational costs. Various platforms and applications are used to transform business processes digitally.
submitted by Sonata-Software to u/Sonata-Software [link] [comments]

2019.12.30 12:22 BlockDotCo Testimonial Interview with Dr. Maria Papadaki from BUiD

Testimonial Interview with Dr. Maria Papadaki from BUiD
[The original blog post appeared on]
While Dubai prepares to become the first city fully powered by Blockchain by 2020, the British University in Dubai (BUiD) was a pioneer in the adoption of the technology being the first in the country and third in the world to offer a digital, blockchain degree in 2017 in an attempt to go completely paperless by next year.
According to the official website of the BUiD, “The University’s vision is to be recognized and supported as Dubai’s premier resource and focus for the reflective pursuit, inclusive accessibility, effective transfer and liberal application of scientific, academic and professional knowledge.”
Being the first research-based university in the region, its mission is to create knowledge and educate knowledge workers in the UAE through its advances in Masters and Doctoral degree programs. The collaboration between the BUiD Dubai Centre for Risk and Innovation (DCRI) and the University of Nicosia via, has played a central role in the project due to the Cypriot university’s forefront involvement with verifiable academic certifications in the blockchain since 2014.
We spoke with Dr. Maria Papadaki, Managing Director of DCRI and Assistant Professor at The British University in Dubai to understand the pivotal role of blockchain technology in the adoption of encrypted degrees concept by BUiD and the UAE.
“With the launch of DCRI at BUiD, our goal is to bring the latest research, training, and innovation to Dubai utilizing the latest technologies, such as Blockchain, Artificial Intelligence, Cyber Security, and Risk Management to name a few. Our Digital Degree using Blockchain Technology is our first project to implement these technologies and is done in collaboration with the University of Nicosia, the world leader in Blockchain education and applications. We are currently exploring additional opportunities to bring about Innovation to various Governmental and non-Governmental projects within the UAE and internationally.”
Dr. Papadaki, can you explain how Digital Degrees work in practical terms?
BUiD provides electronic authentication of its Degrees (Undergraduate, Masters, and PhD) via an online verification tool found on its website. All certificates have their fingerprint also added to Bitcoin’s blockchain, a decentralized and distributed digital ledger, providing security and immutability and offering users (e.g. potential employers) an immediate, secure, and digital authentication of certificates.
What are the main benefits of using the system?
The main purpose is to tackle fraudulent activities related to the presentation of fake credentials, which is the main issue even in today’s technologically powered infrastructures. With the usage of verifiable credentials in the blockchain, fraud is no longer an option and all transactions are extremely secure, reliable, fast with the guarantee of an authentic and immutable ledger. Moreover, it makes the process of presenting academic credentials much easier. Instead of going through long procedures to request credentials and wait days, weeks to obtain them, students can simply forward a timestamped and verified PDF and create a fast transaction. Also, it cuts costs related to staff required for the process.
How many certificates have been issued so far to graduates?
By the end of December, we will have been able to backdate all degrees and the total amount of credentials residing on the blockchain will be around one thousand.
Dr. Maria Papadaki (BUiD)
How has the collaboration with the University of Nicosia and worked for you so far?
It’s been an important partnership because they are well-established brands and institutions that have extensive knowledge of blockchain and their high caliber staff has been extremely useful and professional. The trust factor has been essential. Many startups fail after one year of activity, we did not want to have to deal with such an issue, therefore, partnering with the University of Nicosia and gave us the assurance you would expect from a reputable large organization.
Recently, a Memorandum of Understanding (MoU) was signed by the British University in Dubai, the Dubai Blockchain Center, and the University of Nicosia. The memorandum is aimed at further promoting blockchain technology through training courses, workshops, conferences, educational programs, and research and also enhances the collaboration between academic institutions and organizations in fields related to blockchain.
Clearly international collaborations are extremely valuable in the promotion of blockchain technology. Are you looking to expand partnerships with other international academic institutions in the future?
Yes, we believe it’s necessary to include as many universities as possible in order to make the system more valuable, inclusive, and efficient. Initially, we are promoting it to all other universities here in Dubai with the aim to expand to other institutions globally.
How do you see blockchain technology evolving in the future for governments and organizations alike?
Blockchain is a necessity nowadays to run processes more easily and smoothly, to cut costs, avoid fraud, and increase reputation. This is true for organizations and governments also. Only by embracing innovation can the institutions survive and become more efficient. The government of Dubai has done a great job in pioneering the technology on this level and applying it to its administration and we are happy to have followed suit and have been a part of it.
For more info, contact []( directly or email at [[email protected]](mailto:[email protected]).
Tel +357 70007828
Get the latest from, like and follow us on social media:
submitted by BlockDotCo to u/BlockDotCo [link] [comments]

2019.12.13 08:50 Nosynonymforsynonym Anybody else experiencing an off/on again ban?

I’m seeing quite a few posts about this and hoping someone finds a solution.
Three days ago, I log on to find my like/comment/ follow action disabled. It says I’m banned, but tells me the ban will expire... yesterday? As in, it backdated my ban.
I contact the resolution center. They say nothing, but my ban suddenly had two more days to it.
I come back two days later, like a single post, and the ban is back in effect. And it’s backdated again.
Yesterday I go off grid for a day. I’ve got no connection even if I wanted to. Come home to find a new ban in effect.
I don’t know what I’m doing wrong. I’m a mid sized book reviewer and never use bots, SFS, Follow trains, or the like. Nothing changed that could have gotten me banned. I’m a person acting like a person.
Does anyone have any solution for this? I’ve tried changing my password, changing my account type, uninstalling, etc. I’m still banned until yesterday.
I’m supposed to be part of a blog tour in a few days. If I miss my date, it will harm my relationship with the publisher and author.
submitted by Nosynonymforsynonym to Instagram [link] [comments]

2019.11.17 10:01 throwawayimageuk Recieved a image copyright 'extortion letter' for a low earning Ltd side business. What should I do?

Location: England
Took an image from a source that was giving it away for free. They're now gone, and a legal email has arrived regarding use of the image.
They're demanding either (a) proof of license, or (b) removal and payment for previous unauthorised use. I've removed the image, but archived the email and not responded.
Problem: they have a history of sending extortion letters (Googling the name). The license cost for my actual use would be less than £50 for 6 months use. Based on research, they'll ask 10x to 20x that amount to "resolve the issue". This is obviously assuming they're the real owners. They probably are, but how would I even begin to check that?
I believe my situation is unique in that:
  1. The actual license cost would have been very low. Therefore damages are likely quite limited. The company blog receives virtually no visitors.
  2. This is a Limited company that makes almost no material profit. There is cash in the bank as no meaningful salary has been taken but taking a backdated "UK average" salary would leave it empty
  3. Company has no real world assets. No property, office, laptop, or stapler
I think my options are:
O1) Ignore the email. If they try it in court, ignore it. There are no assets to sieze. If they wind up the company, draw the salary and leave no money in the company. Incorporate again under a new name
O2) Ignore the email. If they try it in court, watch Suits again and defend it
myself if it goes to court. Get laughed out of the door, I imagine.
O3) Get a real lawyer to defend. I don't know how much this will cost. I be willing to sink up to £10,000 if it sets meaningful precedent.
O4) Respond to the email to seek their settlement figure
O5) ???
Advice more than welcome. Principally, this is not about the money. It's about their tactics.
submitted by throwawayimageuk to LegalAdviceUK [link] [comments]

Backdate Beginner’s Guide How to Back Date Your WordPress Posts Taking My Classic Backdate Porsche 911 On Track SEO for Wix Blog Posts 1975 911 S 2.7 backdate

- What is backdating? - CHARIOTZ Blog

  1. Backdate
  2. Beginner’s Guide How to Back Date Your WordPress Posts
  3. Taking My Classic Backdate Porsche 911 On Track
  4. SEO for Wix Blog Posts
  5. 1975 911 S 2.7 backdate
  6. Backdate November - YouTube

You can publish articles with any date and time including backdating or scheduling out into the future. To do this go to the post you want to change and click edit next to the date. It's finally time to take my Autofarm Backdate Porsche 911 on the track. I join the guys for a track day on the Silverstone Stowe Circuit. Hope you enjoy the video. Thanks, Sam Subscribe: http ... HeelandToe.Blog 63,717 views. 10:14. Porsche 911 2.7S 1977 (G-Model) classic review ... 6:17. Custom backdate dash - Porsche 911 Classic Car Build Part 44 - Duration: 13:52. Home Built By Jeff ... Here's a quick tutorial on where to find your 'Advanced SEO' settings in your Wix blog posts so you can name your meta title, description, post URL, etc. Lea... Loading... Transcript. The interactive transcript could not be loaded. Loading... Rating is available when the video has been rented. This feature is not available right now. Please try again ... このビデオの情報STUDIO BLOG #3 ... このビデオの情報Backdate November Full Set #2 Backdate November uploaded a video 5 years ago 9:46. Backdate ...