#DEREGULATED ENERGY INVESTMENTS BROKERAGES AND FINANCING | Explore Tumblr Posts and Blogs

orbemnews · 4 years

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Facebook, Google and Twitter C.E.O.s to Face Lawmakers Again: Live Updates Here’s what you need to know: Jack Dorsey, left, the chief executive of Twitter; Sundar Pichai, the chief executive of Google; and Mark Zuckerberg, the chief executive of Facebook, will appear before the House Energy and Commerce Committee on March 25.Credit…Lm Otero Jose Luis Magana/Associated Press The chief executives of Facebook, Google and Twitter will face skeptical lawmakers again next month when a congressional committee questions them about the ways disinformation spreads across their platforms. The House Energy and Commerce Committee said Thursday that it would hold a hearing on March 25 with Mark Zuckerberg of Facebook, Sundar Pichai of Google and Jack Dorsey of Twitter. The committee has been examining the future of Section 230 of the Communications Decency Act, a 1996 law that shields the platforms from lawsuits over much of the content posted by their users. The attack on the Capitol on Jan. 6, which included participants with ties to QAnon and other conspiracy theories that have spread widely online, has renewed concerns that the law allows the platforms to take a hands-off approach to extremist content. “For far too long, Big Tech has failed to acknowledge the role they’ve played in fomenting and elevating blatantly false information to its online audiences,” a group of the committee’s top Democrats said in a statement. “Industry self-regulation has failed.” Andy Stone, a spokesman for Facebook, said the company “believes it’s time to update the rules of the internet, and this hearing should be another important step in the process.” The House Judiciary Committee announced its own set of hearings on the tech industry on Thursday. It said it would hold multiple hearings on how to update antitrust laws to address the power of the tech giants. The committee questioned chief executives before concluding a lengthy investigation into the companies last year. The Judiciary Committee’s first hearing will take place on Wednesday. An all-electric Renault Zoe. Renault’s chief executive, Luca de Meo, last month presented a plan to return the automaker to profitability.Credit…Samuel Zeller for The New York Times Renault, the French carmaker, reported a loss of 8 billion euros, or $9.7 billion, in 2020 as the pandemic gutted sales, but the company said that was profitable in the later part of the year. Most of the annual loss stemmed from Renault’s stake in its troubled partner, Nissan. Losses at the Japanese carmaker drained €5 billion from the bottom line, Renault said. In addition, Renault car sales plunged 20 percent for the year, to just short of three million vehicles. “After a first half impacted by Covid-19, the group has significantly turned around its performance in the second half,” Luca de Meo, Renault’s chief executive, said in a statement, without giving a figure. He said that 2021 was “set to be difficult given the unknowns regarding the health crisis as well as electronic components supply shortages.” In 2021, shortages of semiconductors, a problem for almost all carmakers, could cut production by as much as 100,000 vehicles, Renault said. Mr. de Meo, who became Renault’s chief executive in July, last month announced a plan to return to profitability that includes cuts in production capacity, sales of fewer models and increased parts sharing among vehicles to simplify manufacturing. Manessa Grady and her sons Zechariah, 8, left, and Noah, 9, were among the millions of Texas residents who lost power this week.Credit…Tamir Kalifa for The New York Times In California, wildfires and heat waves in recent years forced utilities to shut off power to millions of homes and businesses. Now, Texas is learning that deadly winter storms and intense cold can do the same. Bill Magness, the president and chief executive of the Electric Reliability Council of Texas, the state’s grid operator, said on Thursday that Texas was “seconds and minutes” from a catastrophic blackout this week as rotating outages were used to control the flow of electricity. The country’s two largest states have taken very different approaches to managing their energy needs — Texas deregulated aggressively, letting the free market flourish, while California embraced environmental regulations. Yet the two states are confronting the same ominous reality: They may be woefully unprepared for the increasing frequency and severity of natural disasters caused by climate change. Blackouts in Texas and California have revealed that power plants can be strained and knocked offline by the kind of extreme cold and hot weather that climate scientists have said will become more common as greenhouse gases build up in the atmosphere. The problems in Texas and California highlight the challenge the Biden administration will face in modernizing the electricity system to run entirely on wind turbines, solar panels, batteries and other zero-emission technologies by 2035 — a goal that President Biden set during the 2020 campaign. The federal government and energy businesses may have to spend trillions of dollars to harden electricity grids against the threat posed by climate change and to move away from the fossil fuels responsible for the warming of the planet in the first place. These are not new ideas. Scholars have long warned that American electricity grids, which are run regionally, will come under increasing strain and needed major upgrades. “We really need to change our paradigm, particularly utilities, because they are becoming much more vulnerable to disaster,” Najmedin Meshkati, an engineering professor at the University of Southern California, said about blackouts in Texas and California. “They need to always think about literally the worst-case scenario because the worst-case scenario is going to happen.” Video transcript Back transcript Congressman Calls Robinhood’s Help Line and Gets Voicemail After telling the House Financial Services Committee about the suicide of Robinhood user Alex Kearns, who died believing he had lost $730,000 on the brokerage app, Representative Sean Casten called its help line. June 2020, Alex Kearns, who was 20 years old at the time, from Naperville, Illinois, killed himself, largely thanks to a bug in the Robinhood system. The bug was that he turned on the app, it said he owed $730,000 that he did not have, because of options positions that he thought canceled out but didn’t appear to. He called the help line. The help line, of course, was not manned, as we’ve discussed. He sent several panicked emails — three, to be precise — did not receive a response. Ultimately there was a response from the emails saying that, in fact, his positions were covered. But by that point, it was too late, because he had taken his own life. The — this is a gentleman who is 20 years old. Under Illinois law, he was not allowed to buy a beer, but he was allowed to take on $730,000 in positions and exposure that he did not have the liquidity to cover. Your mission, Mr. Tenev, is to democratize finance. But the history of financial regulation is to protect people like Alex Kearns from the system. As the old joke goes, if you’re playing poker and you can’t figure out who the fish is at the table, you should leave the table because you’re probably the fish. And there is an innate tension in your business model between democratizing finance, which is a noble calling, and being a conduit to feed fish to sharks. So I’m nervous. I think I got an exposure. And I call your help line now. Let’s call and let’s listen in the time we have remaining to what I’m going to hear on the other end of the phone. Voicemail: “Thank you for calling Robinhood. Please visit us at robinhood.com or on our app for support. If you have an urgent trading need, please make sure to include details of it when reaching out. Thanks have a great day.” After telling the House Financial Services Committee about the suicide of Robinhood user Alex Kearns, who died believing he had lost $730,000 on the brokerage app, Representative Sean Casten called its help line.CreditCredit…via C-Span The chief executives of Robinhood, Reddit, Citadel and Melvin Capital Management were among the witnesses at a hearing on the GameStop trading frenzy held by the House Financial Services Committee on Thursday. Vlad Tenev, the chief executive of Robinhood, was the target for both Democrats and Republicans, fielding more than half of the lawmakers’ questions. “I love your company because it does, when correctly managed, provide investment opportunities for individuals who are currently frozen out of the markets for one reason or another,” said Representative Anthony Gonzalez, Republican of Ohio. He added: “At the same time, though, I believe a vulnerability was clearly exposed in your business model.” Representative Sean Casten, an Illinois Democrat, capped his sharp questioning of Mr. Tenev, in which he relayed the story of a 20-year-old college student who killed himself last summer believing that he’d lost more than $700,000, by dialing the Robinhood help line and letting everyone listen in as a short message was played and the call was terminated. Representative Alexandria Ocasio-Cortez, Democrat of New York, said Robinhood’s decisions had “harmed customers,” and accused it of passing on hidden costs to its customers. Keith Gill — known on YouTube as Roaring Kitty — testified that his interest in the company was based on his belief that the market was underestimating the brick-and-mortar retailer’s value. His testimony included winking references — such as dangling what appeared to be his oft-worn red headband off a picture of a kitten visible over his shoulder and the statement “I am not a cat” — to internet meme culture. Several harsh questions were directed at Kenneth C. Griffin, the chief of Citadel. Members of Congress asked skeptical questions about Citadel’s practice of paying to trade against customers at online brokers like Robinhood. Mr. Griffin tried to explain the intricacies of the business but was often cut off. “Our folks are tired of bailing you all out when you screw up and gamble with the retirement fund. And that’s exactly what happens every single moment,” Representative Rashida Tlaib, Democrat of Michigan, said to him. Source link Orbem News #CEOs #Face #Facebook #Google #lawmakers #Live #Twitter #Updates

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energyacquisitionspecialist-blog · 5 years

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ENERGY BOOKS OF BUSINESS FOR SALE

Offer No. 1. Total Asking Sale price: $3,100,000.00

TERMS: T.B.D. Description:

1. State’s of business covered: OH, NJ, PA, NY, MA, MD, IL, TX, MA, DC. Most accounts are in Ohio.

2. 98% commercial and 2% residential accounts.

3. Total gas on books: 10% therms

4. Total Electric (KW) on the books: 90%

5. For a total worth of $ 805,800 annually

6. Years left on contracts: 2-4 years.

7. There is a 90% retention

1099's will stay on...................................................................

Offer No. 2.

$ 1.0 Million

New Listing State of Illinois All commercial accounts. Total gas on books: 2,262,559 therms and left to be paid $153,476 00 Total Electric on the books: 56,182,488 kWh and left to be paid $527,762.99 For a total worth of $ 681,238.99 3.0 years of contracts left. Offered . contracts agreements with clients all 1099 transferred to new buyer. Licensed broker.

(Note Broker will stay on in exchange for $_____________up front shares of stock etc.

Offer No. 3.

Total Asking Sale price: $5,200,000.00

TERMS: T.B.D.

Description:

1. State’s of business covered;_N.J, N.Y., P.A,M.D., D.C.,MA.,Il.__________________________________________)

2. _____98_____% commercial and ____2____% residential accounts.

3. Total gas on books: __550,000 annual______% therms

4. Total Electric (KW) on the books: _90,000,000 annual_____%

5. For a total worth of $ 800,000.00 annually

6. Years left on contracts: 1 to 5….mostly 36 months_______ years.

7. There is a 90% retention slightly higher

8. 1099's $______0_________annually (Note option to buy them out once we have a deal in place.

9. How many key personal that will stay on with the new Buyer. Energy Co. will be flexible on a case by case basis , Depending on the successful buyer From the I.T. guy and sales people, Also principals will stay on for a period not to exceed 90 days to help the owners get familiar with the business .

If Interested in any of the above offers an NDA must be signed.

Please feel free to call/text (248) 396-7753 or email you will be contact within 1 day. Thank you....

#DEREGULATED ENERGY INVESTMENTS BROKERAGES AND FINANCING

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energyacquisitionspecialist-blog · 6 years

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ENERGY SUPPLIER OFFERING A LIMITED INVESTOR’S OPPORTUNITY

The Company The Energy Market Business Overview Along with its Adviser, post-closing of the acquisitions outlined below will initiate the process of changing the parent company name to “The Power Company” and becoming listed on a national exchange with preference to be listed on Nasdaq. Although it is deemed to be a reasonable expectation, there are no guarantees that this will be accomplished. - The Company will consolidate and cross-market a diversified set of assets in the energy markets including the $500 Billion Dollar Deregulated Energy Market and the significant opportunity in the Energy Efficiency Market with its lead subsidiary, The Power Company. The energy market is the largest market ever deregulated. According to Warren Buffett “power deregulation will result in the largest transfer of wealth in our lifetime.” In fact, the domestic deregulated energy market alone is 6-7 times larger than the lucrative telecom deregulation market of the early 1980s. The Company’s business model is to focus and execute a merger and acquisition strategy that will consolidate businesses within the Deregulated and Energy Efficiency Sector providing products, services and technology in the energy efficiency markets. Furthermore, the acquisition targets selected provide synergistic cross-selling opportunities to other wholly owned subsidiaries of the Company that possess a captured client base and are positioned for rapid growth. In both good and bad economic times, cost savings is one of the top priorities of business owners and retail consumers. Everyone uses electricity daily, and most pay for it. Currently, more than 3,100 electric utilities in the United States provide nearly 4.5 trillion kWh (kilowatt hours) of electricity every year to 109 million residential customers, and tens of millions of commercial and industrial customers. The current annual cost is approximately $500 billion. In the past 60 years, energy use has increased from 255 billion kWh to almost 4.5 trillion kWh, and continued growth is widely expected. Federal agencies, state legislatures, Public Service Commissions and local Utilities have been working to empower consumers and stimulate competition among private energy suppliers through the deregulation of energy markets. Deregulated energy opens markets to competition for the supply portion of the energy bill. Local utility companies continue to service consumers. They deliver their energy, bill the customers, maintain the infrastructure, and respond to emergencies. However, consumers have the option to use an Energy Service Company (ESCO) as their supply vendor, though many are still not aware of this cost savings option. In this case, consumers continue to receive a single bill from their local utility company that details the ESCO charges on the supply portion of their bill. Business Overview A number of utilities report that due to regulation, they do not typically earn profit on the supply, which helps create a situation supportive of customer choice. In fact, some utilities offer programs whereby customers can choose an alternative supplier directly through the utility’s website. In many cases, utilities derive their profit from the delivery portion of the customers’ energy charges. Today, power generation, reselling, and brokering have emerged as a developing, yet still fragmented business with enormous potential for market growth. Currently, many states offer some form of energy power deregulation, and other states are in the process of initiating and offering various forms of deregulation. The following charts illustrate the breakdown of Electric and Gas expenditures by states that are currently fully deregulated and the growth opportunity within states that are moving towards deregulation. Electricity Expenditure Estimates -

Business Overview ( Complete information available after a NDA is signed and executed)

NO REGULATORY AGENCY HAS PASSED UPON THE MERITS OR QUALIFICATIONS OF OR RECOMMENDED OR GIVEN APPROVAL TO OR PASSED UPON THE ACCURACY OR ADEQUACY OF THIS BRIEF. THE OPPORTUNITIES DESCRIBED INVOLVES GREAT RISK AND ONLY THOSE WHO PERFORM THEIR OWN DUE DILIGENCE AND ANALYSIS SHOULD CONSIDER THIS OPPORTUNITY ONLY AFTER THEY CONFER WITH THEIR OWN PROFESSIONAL ADVISORS. IN LIGHT OF THESE RISKS, UNCERTAINTIES AND ASSUMPTIONS THE COMPANY CAN GIVE NO ASSURANCE THAT THE EVENTS DISCLOSED IN THE FORWARD-LOOKING STATEMENTS IN THIS BRIEF WILL IN FACT TRANSPIRE. IN NO EVENT SHOULD THE CONTENT OF THIS MATERIAL BE CONSTRUED AS AN EXPRESS OR IMPLIED PROMISE, GUARANTEE OR IMPLICATION THAT PROFITS CAN BE ACHIEVED OR THAT LOSSES CAN OR WILL BE LIMITED IN ANY MANNER. PAST RESULTS DO NOT PREDICT FUTURE PERFORMANCE. NO GUARANTEE OF ANY KIND IS IMPLIED.

Minimum investment $500,000.00

Specialist in the Energy “Brokers" Representation

Recruiting Qualified Energy Brokers and Sales personal

Passive and Non passive income producing Business

Medical and Dental Practices

Free Business Evaluation Value”

Handle all Transactions

Legal Department

Agreements (Bill of Sale), Letter of Intent

Full Disclosure of all Buyers

Full Due Diligence

Client and Suppliers List

Tax Clearances

Full Legal Department. Lending Referrals SBA (Commercial Only)

We provide complete marketing analysis of your opportunity (turn Key) at a low cost to you.

To schedule a free business analysis Please email/text or call

#DEREGULATED ENERGY INVESTMENTS BROKERAGES AND FINANCING

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energyacquisitionspecialist-blog · 6 years

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RARE OPPORTUNITY TO BUY/SELL OR MERGE WITH DEREGULATED ENERGY BROKERAGES: IF YOUR THINKING OF SELLING YOUR "BOOK OF BUSINESS' CONTACT THE PROFESSIONAL WE HAVE BUYERS NOW IN ALL 13 DEREGULATED STATES. EXAMPLES OF CURRENT OFFERINGS: N.Y. Ohio Chicago Texas 1. Energy Solutions Company For sale Offered @from $1.1 Million to 3 million with Terms for the right individual (ILLINOIS ) _________________________________________________________________________________________________ 2. NEW OFFERING: ENERGY SUPPLIER OFFERING A LIMITED INVESTOR'S OPPORTUNITY ALL 13 DEREGULATED STATES MIN $500,000.00 INVESTMENT _________________________________________________________________________________________________ 3. ENERGY BROKERAGE Approx $720,000.00 annually approximately 3-4 year contracts = $3,400,000.00 offered (ILLINOIS) MUST PROVIDE TO GET A RESPONSE AND SIGN A NDA: Text or Email: 1. Full Name 2. CELL 3. Email or Text address For more information We are Specialist in the Energy Acquisition,Sales and Mergers of ENERGY BROKERS and SUPPLIERS Recruitment Expert's Free Business Evaluation Value" Handle all Transactions Legal Department All Agreements (Bill of Sale), Letter of Intent Full Disclosure of all Buyers Full Due Diligence Client and Suppliers List Tax Clearances In need of Business Valuation & Appraisal Services? (EAS) We help owners and intermediaries on both the buy and sell side. For a free preliminary valuation. Our services help with: Business Planning Securing Financing / Capital Merger & Acquisition Activity Sell Side Advisory Buy Side Advisory Litigation Support Regulatory Issues ESOP Related Stock Incentive Programs Life Insurance Funding Fairness Opinions Estate & Gift Tax Allocation of Lump Sum Asset Purchases Calculation of Built in Gains For more information please Text 248-396-775 three or Email Full name and Cell For a confidential disclosure, NDA will be required 3rd party financing available (EAS) provides comprehensive practice sales services to doctors and health groups nationwide. Physicians, Optometrists, and Dentists have trusted us for over 5 years to obtain full value for their businesses. Healthcare reform and regulation are constantly shifting the landscape for selling a business. We can help you understand the current climate, build an exit strategy based on the appropriate time horizon, and manage the entire selling process from start to finish. Our approach is straightforward, comprehensive, and tied to a successful outcome. IF YOU ARE THINKING OF SELLING YOUR PRACTICE WE HAVE QUALIFIED LICENSED DOCTORS PHYSICIANS PLASTIC SURGEONS VETERINARIANS AND DENTISTS DDS NO BROKERS PLEASE! TO SCHEDULE A PRIVATE SHOWING : TEXT EMAIL OR CALL PROVIDE FULL CONTACT INFO WITH PHONE NUMBER Call or text 248-396-775 three 3Rd Party financing available

#electic #and gas deregulation brokerages for sale

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