|By Marketwired .||
|July 24, 2014 07:22 PM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/24/14 -- International Energy & Mineral Resources Investment (Hong Kong) Company Limited ("IEMR HK"), American CuMo's largest shareholder, wishes to respond to the press releases issued by American CuMo Mining Corporation ("American CuMo") on July 18, 2014 and July 22, 2014. On Thursday July 17, 2014, the Supreme Court of British Columbia heard Mr. Dykes' application to strike the Notice of Civil Claim filed by IEMR HK. Mr. Dykes was unsuccessful in having the action struck, and the court instead elected to only stay the action. IEMR HK may still bring the matter forward by way of a Petition. This change in process provides IEMR HK with the opportunity to have the oppression issue heard faster by the courts (following a process similar to that of a summary trial) rather than the longer, more customary, process of a full trial. IEMR HK may, alternatively, petition for leave to bring a derivative action against Shaun Dykes on behalf of the Company.
IEMR HK also confirms that it has made an application for the appointment of a receiver-manager over the property, rights, assets and undertaking of American CuMo. The application is set to be heard in the Supreme Court of British Columbia on August 1, 2014. The application for the appointment of a receiver is being brought in the Action No. S145655, which is an action commenced by IEMR HK against American CuMo as a result of American CuMo's defaults under the US$1,500,000 convertible note and the Cdn$1,500,000 convertible note issued by American CuMo to IEMR HK, and the related general security agreement. IEMR HK believes that this information is important for shareholders and notes that American CuMo has failed to file its news release concerning the receivership application on SEDAR. IEMR HK encourages other shareholders to review the court materials filed in the proceeding against Shaun Dykes and in the receivership application.
+86 1380 107 5088
Some people worry that OpenStack is more flash then substance; however, for many customers this could not be farther from the truth. No other technology equalizes the playing field between vendors while giving your internal teams better access than ever to infrastructure when they need it. In his session at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will talk through some real-world OpenStack deployments and look into the ways this can benefit customers of all sizes....
Mar. 27, 2017 02:30 PM EDT Reads: 4,276
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
Mar. 27, 2017 02:30 PM EDT Reads: 3,649
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
Mar. 27, 2017 02:30 PM EDT Reads: 3,988
Mar. 27, 2017 02:00 PM EDT Reads: 1,997
Mar. 27, 2017 01:30 PM EDT Reads: 1,177
Mar. 27, 2017 01:15 PM EDT Reads: 711
Mar. 27, 2017 01:00 PM EDT Reads: 2,050
Mar. 27, 2017 01:00 PM EDT Reads: 1,439
Mar. 27, 2017 12:45 PM EDT Reads: 1,337
Mar. 27, 2017 11:30 AM EDT Reads: 6,714
Mar. 27, 2017 11:15 AM EDT Reads: 2,355
Mar. 27, 2017 10:30 AM EDT Reads: 3,127
Mar. 27, 2017 10:30 AM EDT Reads: 2,998
Mar. 27, 2017 09:30 AM EDT Reads: 2,100
There are 66 million network cameras capturing terabytes of data. How did factories in Japan improve physical security at the facilities and improve employee productivity? Edge Computing reduces possible kilobytes of data collected per second to only a few kilobytes of data transmitted to the public cloud every day. Data is aggregated and analyzed close to sensors so only intelligent results need to be transmitted to the cloud. Non-essential data is recycled to optimize storage.
Mar. 27, 2017 08:15 AM EDT Reads: 3,088