Thorn Medical: “The company is not in a position to meet its financial obligations and therefore must be wound up”

Thorn Medical has written to shareholders to tell them that the company is insolvent and will be placed in voluntary liquidation.

Thorn Medical is a healthcare company, founded in July 2014 by Jack Kaye. In 2015, the company announced that it was planning a £350 million listing on the London Stock Exchange. A listing on the USA’s Nasdaq was also planned. In early 2016, the company appointed Sir Eric Peacock, Sir John Lucas-Tooth, and Lord Beaverbrook to its board.

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California governor Jerry Brown wins cap-and-trade vote and increases oil industry hand-outs

On 17 July 2017, California’s Assembly and Senate voted to extend the state’s cap-and-trade legislation until 2030. AB 398, written with the help of the oil industry, passed with two-thirds majorities in both chambers. Environmental justice groups opposed the bill, because it gives away far to much to the big oil and gas companies, and does too little to address the pollution that affects vulnerable communities in California.

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Saving rainforests by cutting down trees? Controversy over logging plans in the Democratic Republic of Congo

In an open letter, scientists have warned about the impacts that logging the forests of the Democratic Republic of Congo would have on the planet’s climate. The scientists are concerned that a proposal to expand logging in DRC’s forests would damage the world’s largest tropical peatland – the Cuvette Centrale peatlands in the central Congo Basin.

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Why are environmental NGOs siding with the oil industry in support of cap-and-trade in California? Especially when a huge coalition of environmental justice and climate groups opposes it?

California’s Global Warming Solutions Act of 2006 (AB 32) expires in 2020. What will replace it is the subject of intense debate in California. In recent weeks Governor Jerry Brown brought the oil industry to the negotiating table. And earlier this week, Brown and supporting legislators introduced their proposals, based on the oil industry’s wish list: AB 398 and AB 617.

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Koenig Rowe Campbell Alliance: More red flags than a golf course

A company called Koenig Rowe Campbell Alliance is cold calling people in several countries, claiming to be a wealth advisory firm established in 1978. KRC Alliance takes clients’ money and claims to invest it. The investment will need to be increased, for whatever made up reason, to reach a certain number of shares. Then, in order to receive a payout, clients have to pay a security bond. Then another. Then another.

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