Geovanny Vicente – Página 82

POWERHOME SOLAR Announces Entry Into Kansas

MOORESVILLE, N.C., Feb. 23, 2021 /PRNewswire-PRWeb/ — POWERHOME SOLAR, one of the fastest-growing American companies specializing in solar energy and energy efficiency services, has begun serving homeowners and businesses in eastern Kansas, making the Sunflower State the 12th in the company’s footprint.

Customers in Kansas will be served by the company’s office staff in Kansas City, Missouri,…

Customers in Kansas will be served by the company’s office staff in Kansas City, Missouri, an expansion which was announced earlier this month. Topeka, Lawrence, Manhattan and Emporia are among the communities that have a chance to supplement grid energy using this clean energy provider.

«By expanding into eastern Kansas, POWERHOME SOLAR’s movement of building a clean energy future across America continues,» said CEO Jayson Waller. «Missouri has been a great market for us, and we don’t think the enthusiasm for solar stops at the border. Kansans, here we come.»

Kansas residents have the highest average cost of electricity among the 10 Great Plains states at nearly 13 cents per kilowatt-hour, according to current U.S. Energy Information Administration data. Solar panels can be financed (in some cases, for roughly the same cost as your electric bill), and once the financing ends, so does your payment for solar, allowing customers to «own their power.»

Not only can investing in solar energy potentially increase residential property value, current tax credits reinforce that solar energy is a sound decision. Congress recently renewed a federal solar tax credit of up to 26 percent on newly-installed solar systems through 2021 and 2022. Kansas also supports net metering, which allows consumers to sell their excess energy back to participating utility companies at retail rates.

About POWERHOME SOLAR
POWERHOME SOLAR is an energy efficiency company that provides high-quality American-made solar panels as part of a complete energy-savings package for residential customers. The company launched in 2014 in Mooresville, N.C., and today has more than 1,600 employees, including a commercial division. Operating in 12 states, it is ranked No. 255 on the 2020 Inc. 5000 list of the fastest-growing private companies in America – the third time in four years that the company has made the top 300 of this prestigious list. For more information, visit http://www.powerhome.com or follow us on Facebook, Instagram, Twitter and LinkedIn.

Media Contact

Roger Kuznia, POWERHOME SOLAR, +1 704-622-6038, rkuznia@powerhome.com

Cindy Metzler, Omm Media, 561-271-1389, cindy@cindymetzler.com

Twitter, Facebook

SOURCE POWERHOME SOLAR

AC Power Submits 31 MW Portfolio to Year Two of New Jersey Community Solar Pilot Program

NEW YORK, Feb. 23, 2021 /PRNewswire/ — As the workday ended on February 5^th, developers across New Jersey finalized their applications to the second year of New Jersey’s Community Solar Pilot Program. Among them is AC Power, submitting nine projects for consideration by the New Jersey Board of Public Utilities (NJBPU). If all projects are selected, AC Power’s portfolio will provide 19.49 MW-dc of renewable energy in the Jersey Central Power & Light service territory and 12.04 MW-dc in the Atlantic City Electric service territory, for a total of 31.53 MW-dc of solar power. Community solar projects provide residents and businesses an opportunity to save on their electricity bills while using clean, renewable energy.

Administered by the NJBPU, the three-year program will accept over 225 MW of community solar projects to help New Jersey reach its goal of generating 100% clean energy by 2050. The second year of the program is expected to award 150 MW of community solar, doubling the capacity of projects accepted in the first year. Following selection to the first year of the program, AC Power expects two projects to begin construction this spring. A 0.83 MW-dc project on a portion of the closed Kin-Buc Landfill in Edison Township and a 1.43 MW-dc project on a former sand and gravel pit in Deptford Township. AC Power hopes to expand upon these projects with selection of projects from their 31 MW portfolio. The portfolio consists of projects sited on former landfills and resource extraction sites, including a floating solar project at a flooded former quarry.

Founded in 2016, AC Power has grown rapidly in the Northeast and Mid-Atlantic regions, maintaining its vision of redeveloping undervalued land such as landfills and brownfields to provide renewable energy to local communities. AC Power’s President and Founder, Annika Colston, says, «We commend the New Jersey BPU’s commitment to meeting the State’s renewable energy goals while fostering environmental and social justice through the program. We are grateful to be completing projects under Program Year One and are hopeful to continue to develop projects under the second year of the program.»

About AC Power, LLC

www.acpowerllc.com

View original content to download multimedia:http://www.prnewswire.com/news-releases/ac-power-submits-31-mw-portfolio-to-year-two-of-new-jersey-community-solar-pilot-program-301233698.html

SOURCE AC Power

Toyota Financial Services ofrece ayuda en los pagos a los clientes afectados por las tormentas en Texas

PLANO, Texas, 23 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — Toyota Financial Services (TFS) anunció que está ofreciendo opciones de ayuda en los pagos a sus clientes afectados por las tormentas invernales que golpearon a Texas a principios del mes. Este amplio programa de ayuda incluye a cualquier cliente de Toyota Financial Services (TFS) o Lexus Financial Services (LFS) en las áreas declaradas en situación de catástrofe.

A Toyota Financial Services le importa la seguridad y el bienestar de sus clientes, y desea ayudar a los afectados por este desastre natural. Los clientes de arriendos financieros (lease) y financiamiento que vivan en las áreas afectadas y resultaron damnificados pueden optar por acogerse a varias opciones de ayuda en los pagos, entre las cuales se incluyen las siguientes:

extensiones y pagos diferidos de los arrendamientos financieros,
redireccionamiento de los extractos de facturación y
concertación de pagos por teléfono o en línea.

Se invita a los clientes que deseen discutir las opciones de sus cuentas a que se pongan en contacto con TFS o LFS.

Los clientes de Toyota Financial Services pueden llamar al 800-874-8822 o comunicarse con TFS por correo electrónico, utilizando la función «Mail Center» después de ingresar a ToyotaFinancial.com.

Los clientes de Lexus Financial Services pueden llamar al 800-874-7050 o comunicarse con LFS por correo electrónico, utilizando la función «Mail Center» después de ingresar a LexusFinancial.com.

Enviamos nuestros más sinceros sentimientos a las personas afectadas por estas tormentas.

Acerca de Toyota Financial Services 

Toyota Financial Services (TFS) es la marca de financiamiento y seguros para Toyota en los Estados Unidos que ofrece financiación y arrendamiento financiero de vehículos al por menor a través de Toyota Motor Credit Corporation (TMCC) y Toyota Lease Trust. TFS también ofrece productos para la protección de vehículos y pagos a través de Toyota Motor Insurance Services (TMIS). La empresa presta sus servicios a los concesionarios y clientes de Lexus usando la marca Lexus Financial Services. Al 31 de marzo de 2020, TFS empleaba aproximadamente a 3,300 miembros del equipo en todo el país, y tenía activos por un total cercano a los $126 billones. Es parte de una red mundial de servicios financieros completos ofrecidos por Toyota Financial Services Corporation, una filial de propiedad exclusiva de Toyota Motor Corporation. Divulgamos información financiera relevante utilizando la sección de relaciones con los inversionistas de nuestro sitio web, (www.toyotafinancial.com) y los documentos presentados ante la SEC. Utilizamos estos canales, comunicados de prensa y redes sociales para divulgar información acerca de nuestra empresa, nuestros servicios y otros asuntos. Aunque no toda la información que publicamos en las redes sociales es de naturaleza esencial, alguna podría serlo. Por lo tanto, invitamos a los interesados en nuestra empresa a que revisen nuestras publicaciones en Twitter, en www.twitter.com/toyotafinancial.

Contacto para los medios: Derrick Brown (469) 486-9065

Logo: https://mma.prnewswire.com/media/1442353/tsf.jpg

FUENTE Toyota Financial Services

ATA Truck Tonnage Index Increased 1.4% in January

ARLINGTON, Va., Feb. 23, 2021 /PRNewswire/ — American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 1.4% in January after rising 1.2% in December. In January, the index equaled 114.6 (2015=100) compared with 113.1 in December.

…

ATA recently revised the seasonally adjusted index back five years as part of its annual revision.

«Over the last four months, the tonnage index has increased a total of 3.3%, which is obviously good news,» said ATA Chief Economist Bob Costello. «However, the index is still off 2.8% from the high in March as tonnage plunged 9% in April alone. I continue to expect a nice climb up for the economy and truck freight as we get more economic stimulus and increased vaccination numbers.»

Compared with January 2020, the SA index fell 2.1%, which was preceded by a 2.6% year-over-year decline in December. In 2020, the index was 4% below the 2019 average.

The not seasonally adjusted index, which represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, equaled 107.4 in January, 4.5% below the December level (112.4). In calculating the index, 100 represents 2015. ATA’s For-Hire Truck Tonnage Index is dominated by contract freight as opposed to spot market freight.

Trucking serves as a barometer of the U.S. economy, representing 72.5% of tonnage carried by all modes of domestic freight transportation, including manufactured and retail goods. Trucks hauled 11.84 billion tons of freight in 2019. Motor carriers collected $791.7 billion, or 80.4% of total revenue earned by all transport modes.

ATA calculates the tonnage index based on surveys from its membership and has been doing so since the 1970s. This is a preliminary figure and subject to change in the final report issued around the 5th day of each month. The report includes month-to-month and year-over-year results, relevant economic comparisons, and key financial indicators.

American Trucking Associations is the largest national trade association for the trucking industry. Through a federation of 50 affiliated state trucking associations and industry-related conferences and councils, ATA is the voice of the industry America depends on most to move our nation’s freight. Follow ATA on Twitter or on Facebook. Trucking Moves America Forward

View original content to download multimedia:http://www.prnewswire.com/news-releases/ata-truck-tonnage-index-increased-1-4-in-january-301233755.html

SOURCE American Trucking Associations

For the first time, a river is granted official rights and legal personhood in Canada

QUEBEC, Feb. 23, 2021 /PRNewswire/ – The Muteshekau-shipu Alliance today announced the granting of legal personhood to the Magpie River, through the adoption of two parallel resolutions by the Innu Council of Ekuanitshit and the Minganie Regional County Municipality (RCM). The river is thus assigned nine rights, as well as potential legal guardians responsible primarily for ensuring that these rights are respected. This is the first such case in Canada.

<div…

The announcement was made in partnership with the International Observatory on the Rights of Nature (IORN), based in Montreal, Canada, which drafted the resolutions in collaboration with the Alliance. The two resolutions, more than ten pages each and crammed with references, rest on multiple legal bases in national and international law and will help protect the river.

The initiative is part of a global movement – particularly active in New Zealand, the United States and Ecuador – to recognize the rights of Nature.

The Magpie River (Muteshekau-shipu in the Innu language) is an internationally renowned river nearly 300 km long. The river is recognized worldwide for its rapids and for whitewater expeditions, most notably by the prestigious National Geographic magazine, which ranked it among the top ten rivers in the world for whitewater rafting. The river’s protection has received regional consensus, but the plan to declare the river a protected area has been thwarted for years by state-owned Hydro-Québec, due to the waterway’s hydroelectric potential.

Quotes:

«The recognition of the rights of Nature is a growing global movement, and Canada is joining it today with this first case,» said Yenny Vega Cardenas, president of the IORN. «The Magpie River represented a perfect test case, thanks to the consensus for its protection from the actors involved and its international reputation.»

«The people closest to the river will be those watching over it from now on,» said Jean-Charles Piétacho, chief of the Innu Council of Ekuanitshit. «The Innu of Ekuanitshit have always been the protectors of the Nitassinan [ancestral territory] and will continue to be so through the recognition of the rights of the Muteshekau-shipu river.»

«This recognition will promote the protection of the Magpie River’s ecosystems and allow our local communities to share and preserve their recreational and traditional activities,» said Luc Noël, prefect of the Minganie RCM.

«This is a way for us to take matters into our own hands and stop waiting for the Quebec government to protect this unique river,» explained Alain Branchaud, Executive Director of the Canadian Parks and Wilderness Society, Quebec Chapter (CPAWS Quebec). «After a decade of our message falling on deaf ears in government, the Magpie River is now protected as a legal person.»

The goal of the Muteshekau-shipu Alliance is to protect and enhance the Magpie River and to recognize its rights. To do so, it is relying on the importance of the river to the Innu and local communities, and on the river’s international reputation and immense recreational and tourism potential. The founding members of the Muteshekau-shipu Alliance are the Innu Council of Ekuanitshit, the Minganie RCM, CPAWS Quebec and the Association Eaux-Vives Minganie.

View original content to download multimedia:http://www.prnewswire.com/news-releases/for-the-first-time-a-river-is-granted-official-rights-and-legal-personhood-in-canada-301233731.html

SOURCE Alliance Muteshekau-shipu

Green Burial is a Sustainable Solution for Overwhelmed Mortuaries

LINCOLN, Calif., Feb. 23, 2021 /PRNewswire/ — Green burial has long been a popular alternative to conventional burial. With COVID-19 taking an additional toll on traditional funeral homes, Morgan Oaks Eternal Preserve’s green burial services are a way to reduce the impact on morgues, funeral homes and the environment while honoring a loved one’s memory in a beautiful, natural setting.

<p title="Green Burials…

COVID-19 has taken a toll on everyone, but the unprecedented death rate is weighing on funeral service practitioners. Hospitals bear the initial brunt of the crisis, but what happens when morgues and funeral homes are at their limits?

«Although many people turn to our service because it is a more environmentally friendly option, we’re seeing increased interest because of the process’s simplicity,» says Mark Heintz, founder of Morgan Oaks. «COVID has changed the way funerals and cremations are happening. By nature, our services are easily scaled so family and friends can say goodbye in a socially distanced and still respectful way.»

Morgan Oaks provides services that can help take some of the burden off other funeral businesses. The process allows bodies to return to the earth without the use of chemical preservatives or potential pollutants like caskets and grave liners. Green burial services include full-body interment, cremation remains burial, remains scattering and memorial trees on their 160-acre preserve and are compatible with virtually any type of funeral service – religious or secular.

«Whatever you think is the best way to honor your loved one’s legacy, we can help accommodate that,» Heintz said.

Through restorative, conservation-minded land management techniques aimed at maintaining a natural landscape preserved in perpetuity, choosing green burial contributes to the protection of natural areas while providing a meaningful place of remembrance. Morgan Oaks can also offer assistance for transporting remains.

For more information, visit https://www.morganoaksgreenburial.com.

Founded in 2020, Morgan Oaks Eternal Preserve provides families with natural and meaningful memorial landscapes that focus on preservation and stewardship. It is dedicated to creating beautiful and peaceful final resting spaces that are focused on restoring and protecting the natural surroundings of the existing ecosystems. They have a caring staff to guide you every step of the way as you navigate through difficult times. By choosing a green burial, you are not only choosing a more cost-effective option over traditional methods, but you will also be creating a long-lasting, living legacy. For more information visit www.morganoaksgreenburial.com.

View original content to download multimedia:http://www.prnewswire.com/news-releases/green-burial-is-a-sustainable-solution-for-overwhelmed-mortuaries-301233197.html

SOURCE Morgan Oaks Eternal Preserve

TerraScale Wins Platinum 2020 Outstanding Property Award London In Property Design

RENO, Nev., Feb. 23, 2021 /PRNewswire/ — TerraScale, a clean infrastructure design and development firm committed to developing digital infrastructure around the world, together with Joe MacDonald, founding principal of Urban A&O, has been awarded a Platinum Outstanding Property Award London (OPAL) in the Category of Property Development – Environmental/Sustainability, for the conceptual design of TerraScale’s Energos Reno project.

OPAL recognizes the «best Architecture, Interior Design and Property Development projects from around the world,» with projects awarded based on their «creativity, innovation, social impact and sustainability.» The 2020 OPAL Platinum Award recognizes TerraScale and Urban A&O for the conceptual design in the Environmental and Sustainability category.

TerraScale’s Energos Reno project will include the development of a data center that will leverage renewable energy infrastructure. Energos Reno is a large-scale mixed-use development near Reno, Nevada that aims to enable secure storage and transmission of data between government agencies and commercial clients. TerraScale intends to develop a data center as well as further develop renewable energy infrastructure assets. The project site will also act as a pilot ground for new and emerging green technologies.

«Teaming with Urban A&O as part of our Energos Reno Project has been incredibly valuable as we pursue the largest commercial development in the United States powered by on-site renewable energy,» said Soheila Yalpani, COO of TerraScale.

«We are honored by this recognition together with Joe MacDonald’s team at Urban A&O,» said Danny Hayes, CEO of TerraScale.

«Being recognized by OPAL for our work on the conceptual design of TerraScale’s Energos Reno Project, is a tremendous honor,» said Joe MacDonald of Urban A&O. «We see architecture as an opportunistic interface for sustainability, technology and design and we’re pleased to have collaborated with TerraScale as a way to showcase the possibilities in doing so.»

About TerraScale
TerraScale is a clean infrastructure design and development firm that is transforming and modernizing digital infrastructures around the world. Through the company’s consortium, TerraScale takes a unique approach to future proofing our planet by collaborating with best-in-class green engineering, technology, real estate, energy and construction firms globally, to ensure maximum value delivery across the lifecycle of its projects. TerraScale’s projects and programs are designed to meet the needs of government and industry in the most responsible, secure and sustainable manner.

For more information on TerraScale, please visit: https://terrascale.org

About Urban A&O
Joe MacDonald is a founding principal of Urban A&O, a design firm based in New York City, specializing in parametric modeling and resilient, sustainable material research. He regularly incorporates his academic research into practice at the scales of building, landscape and urban design. His seminars explore naturally occurring organizational systems and their influence on built ecologies, new materials, and construction assembly innovations. Four operating principles describe the philosophy of the firm’s work: sustainable material exploration; the use of emerging technologies to design and fabricate form; multi-disciplinary collaboration; and the cultivation of social interaction and education through design within the public realm. The theme of architecture as an opportunistic interface for technology and space–simultaneously physical and social–is central to their investigations into future building materials and construction methods.

For more information on Urban A&O, please visit: https://www.urbanao.com/

About Outstanding Property Awards London
OPAL seeks the best Architecture, Interior Design and Property Development projects from around the world, celebrating and honoring diverse exceptional projects globally. We want to see your most Outstanding projects addressing creativity, innovation, social impact, and sustainability while creating a unique cross-industry platform that unites experts and talents.

For more information on OPAL, please visit: https://outstandingpropertyaward.com/

View original content to download multimedia:http://www.prnewswire.com/news-releases/terrascale-wins-platinum-2020-outstanding-property-award-london-in-property-design-301233745.html

SOURCE TerraScale

Latino Voices for Boardroom Equity Furthers Diversity Efforts by Tracking California Companies With No Latino Board Representation

WASHINGTON, Feb. 23, 2021 /PRNewswire/ — The Latino Corporate Directors Association and <a target="_blank"…

WASHINGTON, Feb. 23, 2021 /PRNewswire/ — The Latino Corporate Directors Association and Latino Voices for Boardroom Equity, today released the Q4 2020 California Boardroom Equity Scorecard—a tool that gauges the impact of AB 979 by monitoring board composition by ethnicity and race. This information will allow Latinos and other underrepresented groups to measure the progress of their representation on California company boards.

In partnership with Equilar, LCDA tracked 607 new board appointments made by California public companies between July 1 to December 31, 2020. Latinos gained only 14 board seats filled between July 1 to December 31, 2020, while the large majority of seats, 434, went to White/Caucasian directors, 74 seats went to Asian/Pacific Islander directors, and 73 seats went to Black/African American directors.

«The California Boardroom Equity Scorecard & Tracker provides investors and shareholders with information on the board composition of California public corporations—identifying which companies have Latinos on their board of directors,» said Roel Campos, Former SEC Commissioner and LCDA Chair. «A commitment to diversity and inclusion is incomplete without Latinos who are two in ten Americans and account for 25% of national GDP. Investors understand the business value and want corporate boards to better reflect their customers and employees.»

The Q4 2020 Scorecard reveals that many California boards still lack diversity. At the end of Q4 2020, the boards of nearly one-third, 31.2%, of California public corporations were all White. Latinos hold only 2.3% of these board seats and 84.6% of California public company boards lack a Latino director, despite the fact that 39% of California’s population is Latino.

«It is encouraging that there has been some progress, but I am concerned that one-third of California company boards still lack diversity. We in the California Legislature will continue to monitor appointments of directors from underrepresented communities under the requirements of AB 979 to better reflect California’s population and the Nation. We greatly appreciate LCDA’s quarterly updates provided by the California Boardroom Equity Scorecard and Tracker,» stated Assemblymember Chris Holden.

«While I’m pleased that women are being appointed to California boards in greater numbers, there has not been enough progress for women of color. The large majority, 71.5%, of female appointments were White/Caucasian, 12% Asian/Pacific Islander, 12% Black/African American, but most alarmingly only 2.5% of women appointed to California boards were Latina, while we make up over 20% of the population. We have many qualified Latinas and women of color ready to serve on boards, who rise to the occasion. Plus, research tells us, it’s in the companies’ best interests to do better and be intentional in their search for diverse female candidates,» said California Legislative Women’s Caucus Chair, Assemblymember Cristina Garcia.

Latino Voices has written to request meetings with all California public companies that lack Latino directors. «The Latino Voices coalition serves as a resource to US public companies to connect them with ample board talent. We are encouraged by productive meetings to date and invite companies to engage with us,» said Esther Aguilera, LCDA President and CEO.

ABOUT LCDA:
The Latino Corporate Directors Association (LCDA) is a national organization promoting C-level and board diversity to maximize business success. LCDA serves as an advocate and resource to corporate boards, search firms, private equity, and institutional investors interested in gaining access to exceptional Latino board talent. Our program areas focus on growing the supply of high-caliber boardroom candidates and providing quality corporate governance programming for experienced and aspiring directors.

ABOUT Latino Voices for Boardroom Equity:
In September 2020, LCDA launched Latino Voices for Boardroom Equity, in partnership with a growing list of national Latinos organizations including the League of United Latin American Citizens (LULAC), UnidosUS, Mexican American Legal Defense and Educational Fund (MALDEF), the United States Hispanic Chamber of Commerce (USHCC), the Association of Latino Professionals for America (ALPFA), and the National Hispanic Media Coalition (NHMC). This initiative asserts diversity without the inclusion of Latinos is not acceptable. The objective of the Latino Voices initiative is to triple US Latino representation on public company boards by 2023 by targeting corporations with no US Latino representation and tracking progress through the publication of a quarterly scorecard.

Contact:
Monique Navarro (915) 790-7788
mnavarro@latinocorporatedirectors.org

View original content:http://www.prnewswire.com/news-releases/latino-voices-for-boardroom-equity-furthers-diversity-efforts-by-tracking-california-companies-with-no-latino-board-representation-301233736.html

SOURCE Latino Corporate Directors Association

Papros: MRPRO™ Distributed Through RMI Has the Best Opportunities for Upstream Revenue for Conflict Resource Mineral Data Gathering

SAN JOSE, Calif., Feb. 23, 2021 /PRNewswire/ — Papros Inc, a leader in supply chain management asserted that the program MRPRO™ for conflict minerals distributed through the RMI (Responsible Minerals Initiative) has the most prospects for revenue provisions for upstream actors in the supply chain.

In several recent international conferences, what has been brought to limelight is the fact that the supply chain data gathering process needs to provide greater rewards and incentives for upstream actors in the supply chain that come between the mines and the smelters. In most cases, these are people who are adversely constrained in terms of resources and are working hard to bring integrity to the supply chain. Currently, most corporate data collection systems generate big revenues for solution providers but the upstream actors who do the heavy work see very little monetary benefits. However, MRPRO™ for conflict minerals offers excellent opportunities to mitigate this situation for the upstream actors. It is distributed through the RMI and has been from day one, distributed free for the end user. Combined with free data gathering that are freely available based on many cloud data systems, the platform provides an effective way for large corporates to do their annual reports for essentially little or no cost and thus use the revenues to support charities and other good works for the upstream actors.

Papros brings a robust process in the generation of conflict mineral reports. It is flexible enough to allow for CMRTs (Conflict Mineral Reporting Template) as well as the CRT (Cobalt reporting Template). In the near future the MRT (Mica Reporting Template) is also planned to be supported. It has been supporting the CMRT rollup process for more than ten years. In addition, Papros also supports activities at the IPC for standardizing the data format for the IPC 1755 that describes the conversion needed for the CMRT/CRT to standards-based XML data.

It is no wonder that Papros platform is known universally as being the «Best Conflict Minerals platform» that enables companies to continue to relentlessly ensure their supplies of certain minerals are not tainted in their origins. Currently, that latest version has been optimized even further for ease of implementation and operation by offering many alternatives for users.

About Papros Inc: Papros Inc. has been committed to providing Total Environmental Management solutions to US and International companies. «Optimizing the Greenback and the Green Environment» has been the slogan of Papros Inc. since its inception more than thirty-five years ago.

This release was issued through WebWire®. For more information, visit http://www.webwire.com .

Dr. N Nagaraj
Chief
Papros Inc
4082794271
shaka777@gmail.com

View original content:http://www.prnewswire.com/news-releases/papros-mrpro-distributed-through-rmi-has-the-best-opportunities-for-upstream-revenue-for-conflict-resource-mineral-data-gathering-301233226.html

SOURCE Papros Inc

UCASU outlines 2021 strategy for greater investment return in post-pandemic world

ATLANTA, Feb. 23, 2021 /PRNewswire/ — UC Asset LP (OTCQX: UCASU) releases today a «white paper» prepared by the company’s management team, reviewing the firm’s investment strategy in 2020 and outlining the 2021 strategy.

«This is the first time we are openly discussing our 2020 strategy,» says Greg Bankston, managing partner, UC Asset. «This document discloses how we systematically analyzed the market, why we have decided to scale back on new builds and slowly reduced our inventory. It illustrates how we have managed to increase our cash reserve, and what great opportunities we are preparing for in the coming months.»

2020 was a unique year for real estate investors. The world was hit by the COVID pandemic and the economy of the States crippled. Commercial properties performed relatively poorly, and some categories of commercial properties took a big hit, due to the decrease of business and social activities. Meanwhile, residential properties experienced unusual value soaring.

UC Asset management believes the hike in residential property prices was an unexpected and unsustainable result of the pandemic. As early as July 2020, UC Asset management concluded that residents, after a long period of shielding-at-home, developed stronger desires to improve their living space, by either remodeling their existing homes or buying new. This desire of individual consumers led to a dramatic increase in demand for housing purchases, despite a shrunken economy and decreased employment.

A few months later, UC Asset’s observation and projection was echoed by industrial leaders such as Redfin, Realtor.com, and Zillow.com. «We are pleased our analysis, made several months earlier in the year were parallel with these industry leaders,» boasts Bankston.

Additionally, UC Asset concluded the fast rising of building costs compromised investors’ profit in building or renovating homes, despite the rising residential prices. This, ironically, would lead to less supply and tight inventory, and therefore push house price even higher. Based on this observation, in the summer of 2020, UC Asset adopted a forward-looking strategy. «We halted new builds, focused on completing existing projects, and held back sales of our inventory as we projected they could be sold later for better prices,» shares Bankston.

This forward-looking strategy helped UC Asset to stay profitable later in 2020, and to build up its cash reserve.

With significant amount of cash in hands, UC Asset is aiming its radar at the dynamics of commercial property market. «COVID-19 pandemic shook up the commercial market. It expediated some long-term changes which people would be less willing to make in a more stable environment. These changes will be disruptive, and even revolutionary. Some properties which suffered a loss during the pandemic will be worth two times, three times or even more in a post-pandemic world. And our job is to identify these properties,» says Larry Wu, founder of UC Asset.

Wu says the firm is excited about their new business strategy which is a direct response to market trends that may be more compelling in post-pandemic world. «For one thing, we are avidly pursuing our SHOC strategy. We believe that SHOC is a revolutionary model that will renovate communities and disrupt the conventional hotel business. We have seen great results with a few pilot projects prior to SHOC. One such project achieved over a 50% annualized return on a single sale. With the innovative SHOC model, we will be able to deliver better returns for our investors.»

The entire White Paper can be viewed here: https://www.ucasset.com/WhitePapers/2021%20Management%20White%20Paper.pdf

About UC Asset:

UC Asset LP is a limited partnership formed for the purpose of investing in real estate for development and redevelopment, concentrating in metropolitan areas of Atlanta, GA. For more information about UC Asset, please visit: www.ucasset.com

Disclaimer:
This News Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements, or industry results, to differ materially from any these statements. You are cautioned not to place undue reliance on any those forward-looking statements. Except as otherwise required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements after the date of this News Release. None of such forward-looking statements should be regarded as a representation by us or any other person that the objectives and plans set forth in this News Release will be achieved or be executed.

For More Information Contact:
Christal Jordan | Investor Relations Director, UC Asset LP
cjordan@ucasset.com | 678-499-0297

View original content:http://www.prnewswire.com/news-releases/ucasu-outlines-2021-strategy-for-greater-investment-return-in-post-pandemic-world-301233724.html

SOURCE UC Asset LP