Securus has helped me with all the students I see on a daily basis because they are trying to have a simple connection with their parents. I know that this is very important because all these students are trying to get through the day knowing that they have relatives in jail. One of the most important things that I have done is sit these kids down with a laptop so that they can do their homework at the same time as they talk to someone who is trying to get through their prison sentence.
The homework that the kids do with their relatives can be a lot of fun, and they are going to enjoy the experience. The videos are very clear, and they are a lot of fun. I have sat back with some of the kids that I serve while they do this, and they really like the experience. I like knowing that they are having a good time, and I know that they have gotten something out what is a simple phone call.
The phone calls are all put through at the same time, and there are people on the other end sitting down at a video camera that was put in the prison by Securus. I know that the Securus people have been upgrading how they do security, and I want to be sure that they have taken the time to keep these kids safe while they are trying to talk to family. I like seeing the kids have a good time on the calls, and they can still get their homework done.
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As a clinical-stage company that focuses on developing novel therapies for the treatment of chronic pain, Relmada Therapeutics recently announced that it had gone to the United States District Court for the District of Nevada to amend its complaint against Laidlaw and Company.
The firm had initially gone to the Nevada District Court suing Laidlaw. Laidlaw was the firm’s investment banker and disclosed confidential information. Their official capacity allowed them to access sensitive information and they were not supposed to make it public at any instant. The current amendment includes a legal claim based on the fiduciary duty that it owed to Relmada.
Nevada court had previously issued a temporary restraining order against Laidlaw’s principles Matthew Eitner and James Ahern. Relmada’s Board strongly believe that they must be compensated off their losses and Laidlaw prevented from harming any individual or institution in the future.
Relmada decided to write to their clients about their intended actions while also highlighting their success so far. This includes;
• Coming up with positive results of BuTab hence better treatment of opioid dependence indications and chronic pain. This is a billion dollar market opportunity.
• Completion of the multiple ascending dose study with d-Methadone. This is majorly related to neuropathic pain.
• Appointment of a leading pharmaceutical to the advisory team.
Laidlaw began being the Company’s primary investment banker in December 2011. In mid-2015, Laidlaw and Relmada started discussing on the possibility of attracting new investors. Laidlaw then organized a non-deal road show and confidentially discussed with the firm about future prospects of the business while introducing the company to several institutional investors.
Unicorn companies are those who have hit over $1 billion when being evaluated by independent auditors, and one company to have hit that mark in just 4 years was JustFab, a company started by Adam Goldenberg and Don Ressler. Goldenberg was interviewed by VatorTV’s Bambi Francisco to talk about what becoming a unicorn means for JustFab. Goldenberg told her it really didn’t change the way they do business or the values of the company, but rather was something to be proud of in saying a great company was built. Goldenberg was also asked about online shopping and the overall direction of the fashion industry on Zimbio. He talked about how online shopping has increased to $50 billion in sales over the last year from $30 billion the previous year, and believes that soon more than half the shopping will be done online, although JustFab does now have traditional store outlets open.
Adam Goldenberg’s story about starting up JustFab is not the story you might expect. He was a gifted website designer in his early days, a young man who had started up his own marketing business at only 15. He joined the executive team at Intermix Media, a company that parented a lot of future social media brands, including MySpace. Goldenberg was the Chief Operating Officer for Intermix Media for about 5 years, and he met another entrepreneur, Don Ressler who he started working on marketing projects with.
So Goldenberg and Ressler left the company and started up Intelligent Beauty, a home-based company that began selling various health and beauty products. Then Goldenberg came up with an idea to start a women’s fashion retail store, and that became the starting point for JustFab. Goldenberg didn’t know a lot about fashion, but he brought in some experts who knew all about style, including model Kimora Lee Simmons who became JustFab’s president. The way that Goldenberg and Ressler wanted to run the company was to setup an affordable monthly subscription for users, and they could use the funds in their account to buy what they wanted. And Goldenberg and Ressler didn’t use billboards or TV commercials to market this company, but instead used social media such as Facebook and Twitter, relying on social media’s word of mouth to do it. See: http://www.forbes.com/sites/tomiogeron/2011/09/21/former-intermix-coo-raises-33m-for-fashion-brand-justfabulous/