Category: xpukk

Is There a Hydrogen Future for Nord Stream Two?

first_imgOn February 16, the German-Russian Chamber of Commerce hosted its annual “Russia Conference” with the participation of high-ranking politicians and business executives. The discussion included, among other themes, possible ways to enhance the level of energy cooperation between the two countries (Russland2021.ru, February 16). Interestingly, one of the key topics in that regard was the potential for a German-Russian partnership in the nascent hydrogen economy, including future supplies of this energy source from Russia. As media reports later highlighted, the speakers suggested that the Nord Stream Two natural gas pipeline, if completed, could one day also be used to transport “green hydrogen”—i.e. produced through electrolysis using renewable energy sources (Reportër, February 17).The first public remarks about Nord Stream Two’s potential for transiting a natural gas–hydrogen mixture appeared as early as 2018 (Twitter.com/energymix, April 19, 2018). Since then, the issue has been addressed several times by various stakeholders, who have argued that the pipeline could carry as much as 70–80 percent hydrogen within the transported gaseous blend (Gastopowerjournal.com, April 17, 2020). The technical capability of the subsea infrastructure itself, however, is not enough to secure a hydrogen future for Nord Stream Two. Many varying and tricky questions remain unanswered. For example, how and where would the hydrogen be produced (that is, in Russia or at the destination, in Germany)? Will the economic feasibility be secured by taking into account various aspects, including technical losses, while storing and transmitting the fuel? Is German onshore infrastructure capable of accommodating hypothetical large-scale hydrogen pipeline imports?Nevertheless, a few scenarios are already being discussed by both sides about the longer-term prospects of facilitating hydrogen cooperation between Russia and Germany via the as-yet-unfinished (and sanctions-threatened—see EDM, December 14, 2020 and February 1, 2021) Nord Stream Two. First, as Gazprom revealed at the end of 2020, the company could be interested in building a methane-to-hydrogen conversion plant next to the Nord Stream One and Two pipeline landing points in Greifswald, Germany (Rohstoff-forum.org, December 1, 2020). In such a case, natural gas (of which methane makes up the principal part) transported by the pipeline would then be converted into hydrogen using Gazprom’s methane pyrolysis technology, which Russia patented back in 2008 (Onlinelibrary.wiley.com, August 12, 2020). According to Gazprom’s presentation, such a scenario has been at least initially analyzed, so the Russian gas producer was able to provide initial estimates about the hypothetical carbon footprint level of the project. However, the vision remains quite distant, as Gazprom’s methane pyrolysis technology has not been scaled up yet to the commercial level. In 2020, the company produced around 360,000 tons of hydrogen, while methane pyrolysis accounted for only 10,000 tons.Second, the Russian side also signaled that it could still supply natural gas to Germany via the subsea pipelines. So the gas could instead be converted into hydrogen using existing steam-methane reforming technology; and ultimately, one of the Nord Stream One or Nord Stream Two strings (out of a total of four) could be used to send accompanying carbon dioxide production back to Russia (Rohstoff-forum.org, December 1, 2020). As one Gazprom official publicly admitted, the idea still has to be properly studied. But even if, theoretically, these undersea gas pipelines would be suitable to carry carbon dioxide volumes, another question remains: how would such large volumes of eastward-bound carbon dioxide be stored or utilized in Russia?Third, both the Russians and Germans ponder whether, in a long-term perspective, “green hydrogen” could be produced inside the Russian Federation (taking advantage of its vast land potential for acreage-heavy renewable power sources like windmill farms and solar panel fields) and sent to Germany using undersea pipelines (Russland2021.ru, February 16). Such an idea would also be consistent with the European Hydrogen Backbone vision, presented by the European gas systems operators in July 2020. At that point, the Nord Stream infrastructure was identified as a “possible additional route” for hydrogen imports (Gasforclimate2050.eu, July 17, 2020). First, however, Russia still has to develop its own renewal energy potential and then scale it up so that its “green hydrogen” production through electrolysis can prove economically competitive.As shown above, all of the currently analyzed scenarios are theoretically possible, but their materialization is still a long way off. This, however, does not alter the fact that the “hydrogen card” might be played by Nord Stream Two’s backers and lobbyists even now, in order to win additional support for the controversial pipeline project. Taking into account the European Union’s efforts to achieve carbon neutrality, the vision of future Russian hydrogen supplies could certainly attract some of European decision-makers.last_img read more

In Beverly Hills, $30M bought David Geffen 1 acre — and a mansion blueprint

first_imgDavid Geffen and the view from his new Beverly Hills development propertyAnother mega mansion may in the works now that entertainment mogul David Geffen has purchased one of the last buildable lots in Beverly Hills’ so-called “Billionaires Row.”Geffen paid $30 million for a 1-acre property that first listed for $39 million about a year ago, according to the Los Angeles Times. The property offers sweeping views, from Downtown to the Pacific Ocean.It sits among some of the more extravagant spec homes in Beverly Hills and itself comes with plans for a 24,500-square-foot modern-style mansion designed by architectural firm Shubin Donaldson.Nile Niami’s Opus spec mansion sits across the street — still unsold — asking $60 million. Down the block stands a Bruce Makowsky-built mansion that sold to Minecraft creator Markus Persson in 2014 for $70 million.For Geffen’s property, the Donaldson firm-designed home would have seven bedrooms, 14 bathrooms and that’s just the beginning. The plan includes a bowling alley, nightclub, bar, theater, salon, gym, and a 140-foot swimming pool running the length of the home, according to the Times.Since last summer, at least 317 acres in Beverly Hills and Bel Air alone have hit the market, seeking more than $1 billion combined, according to a property review by The Real Deal in March.Geffen — whose net worth is around $8.6 billion, according to Forbes — has owned several properties in the L.A. region over the years. In 2017, he sold two beachfront homes in Carbon Beach for $85 million and $8 million.Also a prominent philanthropist, Geffen also pledged in 2017 to donate $150 million toward a new building at the L.A. County Museum of Art. The museum is planning a $650 million expansion, and has received some star-studded support from the likes of Brad Pitt and Diane Keaton. [LAT] — Dennis Lynchlast_img read more

Trump on North Korea: ‘I may make greatest deal for the world’

first_imgSouth Korean officials announced Thursday that Kim had extended and Trump accepted an invitation to talks between the two countries. If it were to occur, Trump would be the first sitting U.S. president to meet with his North Korean counterpart. The White House has since suggested preconditions would need to met before any meeting.The president said North Korea has promised to halt missile testing ahead of any discussions — a pledge he said he expects Kim to keep — and that the “greatest deal for the world” could be reached.“I lot of people thought we were going to go to war and then all of a sudden they come and say ‘we’re going to have a meeting and there’s no more missiles going off and they want to denuclearize,’” Trump said “Nobody had heard that. But they said they are thinking about that.”Trump then slammed mainstream media reporters for hailing the historic nature of the agreement immediately after its announcement and then, in his eyes, saying the next morning that anyone could make such a deal.“Then, I get up in the morning, same people they’re saying not that big of deal, anybody could have done it,” Trump said of the coverage. “Obama could have done it. … Obama couldn’t have done it.”Earlier Saturday, Trump had tweeted his optimism about the new policy, highlighting his recent conversations with Japanese Prime Minister Shinzo Abe and Chinese President Xi Jinping, both of whom he said have been supportive of the efforts. President Donald Trump on Saturday said he was the only president who could broker a deal with North Korea, talking up his newly unveiled plan to meet with Kim Jong Un while slamming his predecessors’ foreign policies.“Who else could do it, I mean honestly when you think,” Trump said at a rally in Pennsylvania, where he endorsed Republican Rick Saccone ahead of Tuesday’s congressional special election. “They’re not going to send missiles up and I believe that, I really do. I think they want to do something. I think they want to make peace.”Trump credited his own tough rhetoric — including labeling Kim as “Little Rocket Man” and threatening to rain “fire and fury” upon the repressive, nuclear-capable regime — alongside his administration’s efforts to further isolate the country in the international community for opening the door to the potentially historic talks. “Chinese President XI JINPING and I spoke at length about the meeting with KIM JONG UN of North Korea. President XI told me he appreciates that the U.S. is working to solve the problem diplomatically rather than going with the ominous alternative,” Trump wrote on Twitter. ‘China continues to be helpful!”China and Russia have welcomed the possibility of U.S.-North Korean summit, with Russia’s foreign minister, Sergey Lavrov, saying a summit would be “a move in the right direction.” Also On POLITICO Foreign affairs Can Trump handle Kim Jong Un? By James P. Rubin Trump’s bold stroke on North Korea dissolves into confusion By Nancy Cook, Eliana Johnson and Cristiano Limalast_img read more

Miami finale a stepping stone to new beginnings for Dale Earnhardt Jr.

first_imgRELATED: Full Junior coverage | Warm welcome from fans in final introHOMESTEAD, Fla. – After all the hugs and handshakes, well wishes and heartfelt thank yous, the only thing left for Dale Earnhardt Jr. to do was climb in his No. 88 Chevrolet, fire the engine and begin his final start as a full-time competitor in the Monster Energy NASCAR Cup Series.Sunday’s Ford EcoBoost 400 at Homestead-Miami Speedway signaled the end of more than just a driver’s career, it signaled the end of an era of sorts as well.The record will show that Earnhardt finished 25th, two laps down and never quite in contention at the 1.5-mile track in south Florida.But the disappointment of his final finish with crew chief Greg Ives and crew won’t last, he said. He’ll look back fondly on the day, thanks in part to a big reminder located nearby.“I’m going to keep the car so I’ll always be reminded about how the race went,” Earnhardt said shortly after sharing a hug with Hendrick Motorsports team owner Rick Hendrick.“I’ll never forget being with my crew before the race and right now. I’ll never forget shaking all the over-the-wall guys and crewmen’s hands on pit road. That meant a lot to me to be able to shake their hands because I have so much respect for everybody in the garage and the commitment it takes to work in that garage is very difficult.”RELATED: Junior swaps helmet for carCrew members from all the teams in Sunday’s field greeted the 43-year-old as he rolled off pit road prior to the start of the race.No less memorable, he said, was the fact that former teammate and good friend Martin Truex Jr. won the race and the series championship“I ran into (him) with my car so I would have marks on it and would remind me of Martin,” Earnhardt said of the side-by-side contact on the cool-down lap. “I think I wasn’t the only one that hit him though.”Earnhardt is stepping aside but is scheduled to compete in select XFINITY Series races next season. He will continue to be a co-owner of JR Motorsports along with sister Kelly Earnhardt Miller and Hendrick, and he will do television work with NBC next season, as well.He wasn’t one of the Championship 4 contenders – Earnhardt had missed qualifying for the playoffs for the second time in as many years – but in the eyes of many, Sunday’s season-ending race was as much about what he has meant to the sport as it was the battle for the 2017 title.PHOTOS: Dale Jr.’s weekendEarnhardt qualified 24th for his final start, and paced the field for one “honorary” pace lap before dropping to the rear for an engine change made by the team on Friday.An early caution sent him to pit road and he lost much of the track position he had gained but the trade-off was fresh tires and a few adjustments to his car.But by Lap 56 he was a lap down in 20th; he later brushed the wall, and 130 laps into the 267-lap race found him two laps behind the leader.The throng surrounding the car once he pulled onto pit road afterward couldn’t have been any bigger had he won the event.Earnhardt was on social media early on race day, giving his followers something of a “good morning” when he posted via Twitter. The son of seven-time series champion Dale Earnhardt, the younger racer made his 631st career start Sunday at Homestead. In a Cup career that began in 1999 when he made five starts, Earnhardt won 26 times, including twice in the series’ biggest race, the season-opening Daytona 500.He is also a two-time champion in the NASCAR XFINITY Series, where he won titles in 1998 and ’99 and 24 races.There were non-points wins as well for the series’ 14-time most popular driver. He is a two-time winner of the series annual All-Star race at Charlotte Motor Speedway and the annual Bud Shootout held at Daytona. He has five career wins in qualifying races at Daytona (used to set the field for the Daytona 500) as well.WATCH: Junior takes special lap, gets salute from crewsMoments after taking the stage for what has become an annual wrap-up of the NASCAR season and state of affairs in the sport, NASCAR CEO Brian France singled out Earnhardt for his role on Sunday morning at Homestead.“He has made an obviously big contribution on and off the track for a long time,” France said. “So while we’re going to miss him for obvious reasons, he is not going to be that far away, being an owner and working with NBC. So he’s going to be glued to the sport, and that’s a good thing for us.”Fellow drivers and team owners, dignitaries and officials gave him a standing ovation at the conclusion of a video presentation featuring athletes, fellow competitors, actors and numerous others from across the sports and entertainment industry.As for the car, Earnhardt said it will go “wherever (wife) Amy lets me put it.”“We’ve got that 2 car coming from Talladega, which still ain’t there yet, dammit,” he said.As a parting gift from Talladega Superspeedway, officials there and in conjunction with the International Motorsports Hall of Fame arranged for him to obtain the No. 2 Chevrolet Monte Carlo driven by his legendary father in 1979 and ’80.“She said that (car) is going in the main garage,” Earnhardt said, “and we’ve only got four (garage) stalls. We’ll put this one in there and have to park the good (expletive) outside I guess.”Fingerprint: Dale Jr.’s mark on NASCARlast_img read more

Marcus King Pairs The Blues With Yuletide Cheer For “Back Door Santa” Performance [Watch]

first_imgMarcus King got into the holiday spirit earlier this week with a cover Clarence Carter‘s “Back Door Santa” at the Relix studio. The 24-year-old guitarist/vocalist/bandleader played the song with about as much soul as one would expect from the young phenom.King’s impassioned take on the 12-bar blues song showcased his impressive range and technical guitar ability. The power behind his voice was evident from the first verse as he sang, “They call me Back Door Santa/I make my runs about the break of day/I make all the little girls happy/While their man is out to play”.About halfway through, King offered some excellent blues leads over his own rhythm playing on his resonator guitar and capped-off the song with a hopeful “Merry Christmas.”Watch the performance below:Marcus King – “Back Door Santa” – 12/23/19[Video: Relix]Marcus King had a breakout year in 2019 with festival performances across the country, new original debuts, and his El Dorado Tour in support of his forthcoming debut solo album, El Dorado, produced by Black Keys frontman Dan Auerbach.The Marcus King Band is coming off a milestone performance at The Beacon Theatre in New York City last weekend. King and his band are set up for an even busier 2020 as they press forward on the El Dorado Tour following King’s Super Jam appearance at Jam Cruise 18.For more information on Marcus King’s future tour dates, or to purchase tickets, click here.last_img read more

Ian McKellen to Bring 80th Birthday Show to Broadway’s Hudson Theatre for One Night

first_imgIan McKellen(Photo: Oliver Rosser) Star Files Ian McKellen Ian McKellen and Ambassador Theatre Group Productions have announced the Broadway premiere of Ian McKellen On Stage: With Tolkien, Shakespeare, Others…and You!, set to appear at the Hudson Theatre for one night only on November 5 at 7:00pm. Directed by Sean Mathias, the performance will benefit the nonprofit theater organization Only Make Believe.This unique event follows an unprecedented, sold-out tour of more than 80 theaters across the United Kingdom in celebration of McKellen’s 80th birthday.”This year I’ve been having the time of my life, touring my new show across the U.K.,” said McKellen. “Now it will be an extra treat to return to Broadway, fifty years after my debut in NYC, especially as it will benefit the inspirational work of Only Make Believe. Please come and help me celebrate!”McKellen is a Tony winner for Amadeus whose Broadway credits also include Wild Honey, Dance of Death, Waiting for Godot and No Man’s Land. He is a six-time Olivier winner for Richard III, Wild Honey, Bent, The Alchemist and Pillars of the Community, along with the Oliviers’ Society of London Theatre Special Award. McKellen is also a five-time Emmy nominee and a two-time Academy Award nominee. He was recently seen in a West End staging of King Lear and will appear on the big screen in the upcoming film adaptation of Cats.Only Make Believe creates and performs interactive theater for children in hospitals, care facilities and special education programs throughout the New York and Washington, D.C. metropolitan areas, free of charge to every site, for every family and child. View Commentslast_img read more

Green Mountain Coffee Roasters removes founder Bob Stiller as chairman over stock sale

first_imgOfficer (give title below) 3. Date of Earliest Transaction (Month/Day/Year) 05/07/20124. If Amendment, Date of Original Filed (Month/Day/Year)6. Individual or Joint/Group Filing (Check Applicable Line)XForm filed by One Reporting Person S S 1,400,000D$6.156,660,000D Other (specify below) Common Stock05/07/2012 Form filed by More than One Reporting Person Table I – Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) PriceCommon Stock05/07/2012center_img /s/ Robert P. Stiller05/09/2012 Table II – Derivative Securities Acquired, Disposed of, or Beneficially Owned  (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of SharesExplanation of Responses:Remarks: The man who discovered a small coffee shop in 1981 and turned it into a billion dollar company in Waterbury, and himself into a captain of industry, has been removed as chairman of the company. Green Mountain Coffee Roasters, Inc (GMCR) (NASDAQ: GMCR) Tuesday evening announced that its Board of Directors has appointed Michael J Mardy, a director and chair of the Company’s Audit and Finance Committee, as interim Chairman of the Board. In addition, state Senator Hinda S Miller, chair of the Company’s Corporate Social Responsibility Committee, has been appointed as Chair of the Governance and Nominating Committee, a committee she last chaired in 2010. All appointments were effective immediately.A release from the company said, “At the direction of the Board of Directors, Mr Robert P Stiller no longer serves as Chairman of the Board and Mr William D Davis no longer serves as Lead Director of the Board, effective immediately. Additionally, Mr Stiller and Mr Davis will no longer serve on any Board committees and will not receive future payment for their service on the Board until the Board determines otherwise. Both will remain members of the Board. The Governance and Nominating Committee will be reviewing appropriate Board and committee structure and composition.”As first reported by Vermont Business Magazine before the markets opened Tuesday morning, Stiller had sold 5 million shares worth $125.5 million because of a margin call forced on him by Deutsche Bank. He also was forced to sell his entire stake (8.06 million shares) in Krispy Kreme Doughnuts for a total of $49.569 million (see below).The GMCR release went on to say that, “These changes are the result of the actions taken by the Board to address stock sales by Mr Stiller’s and Mr Davis’ brokerage firm, which sales were inconsistent with the Company’s internal trading policies. Specifically, Mr Stiller and Mr Davis had margin call-related stock sales totaling 5.548 million shares, reflected in Form 4 filings filed with the Securities and Exchange Commission today. These forced sales were related to margin loans, which were secured by pledges of Mr Stiller’s and Mr Davis’ GMCR stock and triggered by recent GMCR stock price activity.”On Friday, May 4, 2012, as the result of a margin call on pledged GMCR stock, approximately 400,000 shares and on Monday, May 7, 2012 approximately 148,000 shares of GMCR stock were sold from Mr Davis’ brokerage account at a time when the trading window in GMCR stock was closed pursuant to the Company’s internal trading policy. In addition, during the Company’s review of the May 4 trade, it learned that, inconsistent with the Company’s policy, Mr Davis had pledged approximately 204,000 new shares to his margin loan after January 1, 2012.”On Monday, May 7, 2012, as the result of a margin call on pledged GMCR stock, 5 million shares of GMCR stock were sold from Mr Stiller’s brokerage account, at a time when the trading window in GMCR stock was closed pursuant to the Company’s internal trading policy.”It should be noted that Mr Stiller’s and Mr Davis’ pledged positions as of January 1, 2012 were grandfathered by the Board when it amended the Company’s internal trading policy in December 2011 to prohibit new pledges after January 1, 2012.”As of the close of trading on May 7, 2012, Mr. Stiller beneficially owned 8,386,899 million shares of GMCR common stock. If all of Mr. Stiller’s shares that are held in margin accounts or pledged as collateral to various financial institutions as security for one or more loans were settled as of May 8, 2012, Mr. Stiller would beneficially own 1,857,031 million shares of GMCR stock. As of the close of trading on May 7, 2012, Mr Davis beneficially owned 436,786 shares of GMCR common stock. If all of Mr. Davis’ shares that are held in margin accounts or pledged as collateral to various financial institutions as security for one or more loans were settled as of May 8, 2012, Mr Davis would beneficially own 36,598 shares of GMCR stock.”The Board has also mandated that Mr Stiller and Mr Davis settle all outstanding margin loans by the end of calendar year 2012.Company shares, already battered by investor discontent since last fall, took a further beating after a disappointing quarterly report released May 2, losing more than three quarters of its value since peaking last September at over $115 per share. However, shares actually rallied some after the news of a class action suit and Stiller’s stock sale. After bottoming out at a 52-week low of $24.03 within hours of the release of the quarterly report, shares climbed Tuesday more than $2 before retreating somewhat in after hours trading. Shares stood at $25.58 just before 8 pm Tuesday. It opened Wednesday at $26. (QUOTE)The company release issued this statement from the Board:”Based upon the recent decline in GMCR stock price, Mr Stiller and Mr Davis were both faced with margin calls resulting in sales of their GMCR stock. These forced sales are disappointing and beyond the control of the Company. Once the Board was notified of this trading activity, it moved quickly to investigate and address this matter. The Board determined that it was in the best interest of the Company and its shareholders for Mr Stiller and Mr Davis to relinquish their leadership positions on the Board as well as their committee roles.”Stiller granted an interview with Forbes, in which he says he was caught off-guard by the sudden plunge of the stock, which lost half its value in a matter of hourse. He also lashed out at his bank and short-selling investors. In the interview, Stiller maintains that GMCR is still in good shape despite the recent tumult. (FORBES STORY)Forward-Looking Statements Certain statements contained herein are not based on historical fact and are “forward-looking statements” within the meaning of the applicable securities laws and regulations. Generally, these statements can be identified by the use of words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “feel,” “forecast,” “intend,” “may,” “plan,” “potential,” “project,” “should,” “would,” and similar expressions intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Owing to the uncertainties inherent in forward-looking statements, actual results could differ materially from those stated here. Factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, the difficulty in forecasting sales and production levels, the degree to which there are changes in consumer sentiment in this difficult economic environment, the Company’s success in efficiently expanding operations and capacity to meet growth, the Company’s success in efficiently and effectively integrating the Company’s acquisitions, the ability to maximize or successfully assert our intellectual property rights, the Company’s success in introducing and producing new product offerings, the Company’s dependence on external capital, including the Company’s credit facility, competition and other business conditions in the coffee industry and food industry in general, fluctuations in availability and cost of high-quality green coffee, any other increases in costs including fuel, the Company’s ability to continue to grow and build profits in the At Home and Away from Home businesses, the Company’s ability to attract and retain senior management, the continued availability of a consistent supply of parts for our brewers, and the brewers themselves, the Company experiencing product liability, product recall and higher than anticipated rates of warranty expense or sales returns associated with a product quality or safety issue, the extent to which the data security of the Company’s websites may be compromised, the impact of the loss of major customers for the Company or reduction in the volume of purchases by major customers, delays in the timing of adding new locations with existing customers, the Company’s level of success in continuing to attract new customers, sales mix variances, weather and special or unusual events, the impact of the inquiry initiated by the SEC and any related litigation or additional governmental investigative or enforcement proceedings, as well as other risks described more fully in the Company’s Annual Report on Form 10-K for fiscal year 2011 and other filings with the SEC. Forward-looking statements reflect management’s analysis as of the date of this release. The Company does not undertake to revise these statements to reflect subsequent developments, other than in its regular, quarterly earnings releases.WATERBURY, Vt.–(BUSINESS WIRE)–5.8.2012 SEC Form 4FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940OMB APPROVALOMB Number:3235-0287Expires:December 31, 2014Estimated average burdenhours per response:0.5XCheck this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).1. Name and Address of Reporting Person*STILLER ROBERT P(Last)(First)(Middle)C/O SUNRISE MANAGEMENT SERVICES, LLCPO BOX 2263 (Street)SO. BURLINGTONVT05407(City)(State)(Zip)2. Issuer Name and Ticker or Trading Symbol  KRISPY KREME DOUGHNUTS INC [ KKD ]5. Relationship of Reporting Person(s) to Issuer  (Check all applicable) 6,660,000D$6.150D DirectorX10% Owner ** Signature of Reporting PersonDateReminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.last_img read more

Panel sets standards for lawyers appointed to represent children

first_img Panel sets standards for lawyers appointed to represent children Panel sets standards for lawyers appointed to represent children Jan Pudlow Senior Editor When a lawyer agrees to represent an abused or neglected child, it can become a confusing stumble through a bureaucratic maze to get needed special services.Beyond dependency court, the child may need to ask for help at administrative proceedings involving the Agency for Persons with Disabilities, the Agency for Health Care Administration, the state Department of Health, as well as the Department of Children and Families.In an unprecedented move, The Florida Bar’s Legal Needs of Children Committee, at the Midyear Meeting in Miami, approved a 22-page document spelling out specific roles and responsibilities of Florida attorneys ad litem appointed to represent children in dependency matters.Titled “Florida Standards of Practice for Lawyers Who Represent Children in Abuse and Neglect Cases,” it represents more than two years of conference calls and reviews of national standards and 16 state standards.Angela Orkin, executive director of the Florida Guardian ad Litem Program, said she will use the standards immediately with attorneys ad litem who contract with her office to represent children.“We are excited about it for our own purposes, because it is a very well-drafted document,” Orkin said. “It provides wonderful guidance to attorneys in this field. We are looking forward to using it.”Gerry Glynn, chair of the Legal Needs of Children Committee, said, “Many times, lawyers don’t have a clear understanding what the court expects of them or children expect of them. The committee wanted to develop standards to help lawyers understand what the law expects of them through court appointment and help them fulfill their obligation and expand what the rule of professional conduct means. We hope that these standards serve as guidelines used by lawyers to fulfill zealous advocacy to help children.”The next step, Glynn said, is to seek Bar Board of Governors approval of the standards.“If that isn’t approved, we would still use them as educational tools for lawyers,” Glynn said. “We will put it out there and try to see if problems and concerns arise. If we are to ask the court to adopt it, it wouldn’t be as lengthy.”The printed standards go a long way toward carrying out one of the recommendations of the predecessor Legal Needs of Children Commission that issued a final report in 2002 and that was chaired by 11th Circuit Judge Sandy Karlan.“The commission members determined through public hearings and a review of the rules that there were no clear standards for lawyers who represent children in our courts, and, therefore, children were not assured of a consistent quality of representation on matters affecting their daily lives,” said Karlan, who also serves on the current committee.“Consequently, an important recommendation of the commission was to draft standards. It is a great accomplishment that the committee members have been able to unanimously agree on the standards for lawyers representing children in juvenile proceedings. Our children will be better served.”Actually, there was one “nay” vote on accepting the standards. That came from Sharon Langer, a Board of Governors member and liaison to the committee, who served on the original commission and directs the Dade County Bar Association Legal Aid Society.“I think it’s important that we have standards,” Langer said. “But it seems to me you should have standards that are workable. These standards became a laundry list of every possible thing one could do for a child. It’s drafted so broadly that it is not a realistic expectation. I am concerned about liability. The people most vulnerable would be pro bono lawyers.”Glynn acknowledged that “there is always a threat when you put out guidelines that there would be liability. The preamble to the Code of Professionalism says it is not to be used for liability. Is there always that threat? Yes. But it is more important for lawyers to have guidance in what they are doing. To me, the need for guidance is much more important than the threat of liability.”After the vote at the Midyear Meeting, Vice Chair Carlos Martinez, with the 11th Circuit Public Defender’s Office, said the group will next tackle standards for representing children in delinquency court.“This is a big significant step as far as making sure we improve the practice and increase it to a level that children will get better representation,” Martinez said. “It’s a great first step, especially with the Guardian ad Litem taking the lead on this. They are setting the bar for what the practice should be, and they are to be commended on that.”Orkin said the 160 attorneys within the GAL program already have clear standards on doing their jobs. But with the private attorneys her office contracts with as attorneys ad litem, Orkin said, “There wasn’t really any guidance out there.”“One of the things we talked about as we were developing the standards is: How are we going to make use of them, given that they need to go through a formal process? Because we contract with attorneys around the state, we felt like we were in a position to take the text and use it in our contracts as a way of educating the attorneys on what the difference is when you are representing a child,” Orkin said.“In our view, it’s more about understanding what your role is. Even though it says you should represent a child just like you do an adult, there are a lot of different levels, and with dependent children, a lot of different systems.”Dennis Moore, an attorney with the Florida Guardian ad Litem Program, said, “We have been using national standards adopted by the National Association of Counsel of Children. This is really the first time that a group of knowledgeable people have sat down to say: ‘These are the issues that are important to Florida children,’ and put it all in one document.“But we need to work and flesh that out, practically speaking. That’s why the committee adopted those as guidelines and aspirational goals before we got to a point where it was going to become the rule of law or rules regulating The Florida Bar. We need to flesh them out, and we have an opportunity to work with the Bar to do that.”Howard Talenfeld, a Ft. Lauderdale attorney, president of Florida’s Children First and a member of the committee, helped add language to the standards at the meeting.“Representing a child in the dependency system is far more complex than it once was,” Talenfeld said. “It used to be we had an umbrella system where a district administrator could say to someone who worked for him, ‘The child needs disability benefits. The child needs mental health benefits. Give it to him!’ Now, that child is in a position when they are represented, where they need to apply independently to other agencies to get those benefits,” Talenfeld said, listing such proceedings as staffings with Family Service Planning Teams and Suitability Assessments for Residential Treatment Facilities.“My own sense is the first time someone writes down something is important, and they serve as models for future refinement of the roles and opportunities to represent children,” Talenfeld said.“To that extent, we finally have something that is precedent-setting that addresses the Florida system, and that is wonderful.” GAL program to begin using them immediately March 1, 2007 Regular Newslast_img read more

Study reveals more signs of MERS-CoV in camels

first_imgScientists have found more evidence that many camels in the Middle East have been exposed to the Middle East respiratory syndrome coronavirus (MERS-CoV) or a close relative, increasing the suspicion that camels may have spread the virus to humans.In serologic tests on 110 dromedary camels in Egypt, one test showed that 94% of them had antibodies to MERS-CoV, and a second test revealed antibodies in 98%, according to a report in today’s issue of Eurosurveillance. Tests of humans, water buffaloes, cows, and other domestic animals in Egypt and Hong Kong showed no MERS-CoV antibodies.”The antibody titres were very high” in both sets of tests, “suggesting that the virus infecting these camels was MERS-CoV virus itself or a very closely related virus,” says the report by a team of Chinese, Egyptian, and American scientists.The findings echo those published last month by a team from the Netherlands and Germany, who tested 50 dromedaries in Oman and found that all had antibodies to MERS-CoV or a close relative. They also found that 14% of a sample of camels in the Canary Islands had similar antibodies.Which animals harbor the MERS virus and which ones passed, or are passing, it to humans remains a mystery. Although the antibody findings indicate that camels probably have been exposed to MERS-CoV or a very similar virus, scientists have not yet isolated the virus itself from camels or any other animals.Two weeks ago another group reported finding a fragment of DNA in an Egyptian tomb bat that matched MERS-CoV, but the fragment was so small that experts said it could have represented a related virus, not the identical species.For the new study, the investigators devised a new serologic test that they say is safe and specific and therefore useful for large-scale seroepidemiologic studies in animals. The test, called a pseudoparticle neutralization (ppNT) assay, involves a nonreplicating HIV virus that has been engineered to produce the spike protein of MERS-CoV.The team also used what they call the gold-standard test, microneutralization (MN), but they note that it requires the use of live MERS-CoV virus and therefore Biosafety Level 3 (BSL-3) containment. In contrast, the pseudoparticle test involves no dangerous live virus and can be used in less stringent BSL-2 labs.Samples from Egypt and Hong KongThe authors collected animal and human serum samples in Egypt and Hong Kong, with the Hong Kong sera serving as unexposed controls. In Egypt, they gathered samples from 110 dromedaries, 8 water buffaloes, 25 cows, 5 sheep, and 13 goats.Most of the camels had been imported from Sudan and were 5 to 7 years old. The group also used 815 human samples that had been collected for a study on influenza virus.In Hong Kong, the authors used samples from 260 swine and 204 bird samples, including wild northern pintails and Eurasian widgeons, plus 528 archived human samples collected in 2011 and 2012.In screening tests, both MN and the ppNT test showed a high prevalence of MERS-CoV antibodies (a titer of at least 1:20) in the camels: 93.6% and 98.2%, respectively, the report says. The antibody titers ranged up to 1,280 or higher in the MN test and up to 10,240 in the ppNT assay. None of the other animal samples or the human samples showed any signs of antibodies to MERS-CoV.Of five camel samples that were negative on the MN test, four had weakly positive results on the ppNT, with antibody titers ranging from 40 to 160.Given that several other coronaviruses are extremely common in humans, the lack of MERS-CoV antibodies in the human samples indicates that the MN and ppNT assays are specific for MERS-CoV, the investigators write.No cross-reaction with SARS virusThe team also found that the camel sera with high MERS-CoV antibody levels did not cross-react with the SARS (severe acute respiratory syndrome) coronavirus.”Taken together, these data indicate that a MERS-CoV or a highly related virus is endemic in dromedary camels imported for slaughter in Egypt,” they state. “These findings provide independent confirmation of the results recently reported by Reusken et al [the Dutch-German team], who found very high antibody titres to MERS-CoV in dromedary camels.”Because the camels used in the study had been brought to Egypt from Sudan and other African countries, it is unclear where they originally acquired their infection, the report says. Given the similar findings from camels in Oman and the Canary Islands, “it is likely that this coronavirus is widespread in North and East Africa and the Arabian Peninsula.”If future research confirms that bats and dromedary camels harbor MERS-CoV, “we will have a scenario of a virus reservoir in bats with a peridomestic animal such as the camel as intermediate host, which may in fact be the immediate source of human infection,” the investigators say.They add that in some MERS-CoV index cases, the patients had a history of exposure to camels. “Given that the MERS-like coronavirus in camels appears to be ubiquitous, it remains to be explained why MERS in humans appears relatively rare,” they observe.Perera RA, Wang P, Gomaa MR, et al. Seroepidemiology for MERS coronavirus using microneutralisation and pseudoparticle virus neutralization assays reveal a high prevalence of antibody in dromedary camels in Egypt, June 2013. Eurosurveill 2013 Sep 5;18(36) [Full text]See also: Aug 8 CIDRAP News story on earlier camel findingsAug 30 CIDRAP News story on report of possible MERS-CoV in batlast_img read more

Posts From The Road: Chris LeDoux Memorial Park

first_imgChris LeDoux was passionate about rodeoing and music and became a champion in both fields. LeDoux earned accolades in rodeoing beginning in high school and won the world bareback championship in 1976. LeDoux’s music love allowed him to write and sing about the cowboy lifestyle. With the help of his parents, he created an independent record label and sold four million recordings. LeDoux was mentioned in a hit recording by Garth Brooks, which brought him national attention and recognition and a recording contract with Capitol Records. He went on to sell more than six million recordings with Capitol. LeDoux died in 2005 at the age of 56 of liver cancer. His hometown of Kaycee, Wyo. dedicated the Memorial Park in June, 2010. Photo by Gary Warren/ladailypost.comThe centerpiece of the memorial park is a large sculpture entitled ‘Good Ride Cowboy’ by artist Michael Thomas of Buffalo, Wyo. Photo by Gary Warren/ladailypost.com The one main street in the tiny town of Kaycee, Wyo. still retains the typical western town look and characteristics today as it has for decades. Photo by Gary Warren/ladailypost.com A sticker seen in a window of a business in Kaycee where Chris LeDoux was a wonderful and highly respected person. Photo by Gary Warren/ladailypost.comlast_img read more