Encompass Health secures deals in Florida and Texas.
Encompass Health building another hospital in Florida
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Jonah Heim hits walk-off homer in second-straight game as Rangers stun Mariners, 4-3
For the second straight game, the Seattle Mariners blew a late lead to the Texas Rangers in a game capped off by a Jonah Heim walk-off home run. Heim clubbed a solo shot in the bottom of the ninth to complete the Rangers’ comeback in the 4-3 victory.
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Texas-born Italian Marcell Jacobs sprints from unknown to Usain Bolt’s successor at Tokyo Olympics
The 100 meters at the Olympics is the event that turns sprinters into kings: Jesse Owens, Carl Lewis, Usain Bolt.
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Amid a covid resurgence, a Texas restaurant is requiring masks again — and bracing for confrontation
A Dallas-area restaurant group is asking customers to mask up once again, and it is trying to get out ahead of guff from diners.
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Scott Padgett's Weather Update
Strong to severe storms moved through North Texas Sunday afternoon.
Studio: CBS 11 Dallas
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Telehealth sports physicals conducted in Milam Co, start of school and fall sports near
The Telehealth station housed at the Sheriff's Office met community needs in a different, but sporty way this weekend.
Studio: ABC 25 News KXXV
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Thousands Of North Texas Students Head Back To School Monday
The 2021-2022 school year begins Monday, Aug. 2, for Garland and Duncanville ISD, along with several Dallas ISD campuses.
Studio: CBS 11 Dallas
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Drone footage of migrants at Texas bridge an ‘absolute catastrophe' from Biden, Republican says
Troubling drone footage emerged online Sunday that reportedly showed up to 1,000 migrants being held by border patrol in Mission, Texas, prompted criticism from Republicans who said the footage underscores the crisis at the border.
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United States: Texas Supreme Court Clarifies Rule On Controverting Affidavits - Lewis Brisbois Bisgaard & Smith LLP
Houston, Texas (July 29, 2021) - The Texas Supreme Court recently clarified the rules related to medical billing counter affidavits, under Section 18.001 of the Texas Civil Practice and Remedies Code,
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United States: Texas Legislature Passes S.B. 809 – Federal Provider Relief Fund Reporting Requirement - Husch Blackwell LLP
This Spring, the Texas 87th Legislature passed S.B. 809, an Act adding Chapter 81A entitled "Coronavirus Disease Public Health Emergency Reporting" to the Texas Health and Safety Code.
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Texas procession honors officer who died after crash with 18-wheeler
A procession was held Sunday morning in honor of Austin Police Officer Lewis "Andy" Traylor, who died from injuries sustained in a crash with an 18-wheeler last week in Austin, Texas.
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REPORT: The Buffalo Bills Have Interest In Moving To Austin, Texas
Will it happen?
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Ensign Group adds two skilled nursing facilities in Texas
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News in Brief: Wynwood retail property sells; Ed Morse acquires Texas dealerships
This week's news briefs.
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Drone Video of Border Migrants Shows Biden's 'Catastrophe'
Drone video from the U.S.-Mexico border shows how much of a "catastrophe" the migrant crisis has become, according to one Republican House member. Video reportedly showing up to 1,000 migrants being held by border patrol in Mission, Texas, appeared online Sunday."An absolute...
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In next steps of realignment, can anyone convince Notre Dame to join a conference?
The Fighting Irish remain committed to staying independent, and they have the resources and brand name to thrive that way. But if Texas and Oklahoma to the SEC is only the first domino of a reshaping in college football, could that change?
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HBO, Netflix lease space in Central Texas to support new projects, sources say
In recent weeks, two major Hollywood film studios signed separate leases for portions of this year and next so they can shoot projects in Central Texas, according to multiple sources. Home Box Office Inc., or HBO, has leased 110,000 square feet — about the size of a big-box store — at Kyle Crossing, located at 1980 Kohlers Crossing in the Hays County city of Kyle, while Netflix Inc. (Nasdaq: NFLX) signed on for about 20,000 square feet in East Austin, sources said. Both leases are short term,…
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New America Energy Eliminates Roughly Three Million in Debt Including All Variable Convertible Notes
*NEW YORK, NY / ACCESSWIRE / August 2, 2021 /* New America Energy Corp. (OTC PINK:NECA) through its recent acquisition announces that the Company has eliminated nearly One Million in variable Convertible Notes and other Liabilities."While we had to do what we could to access capital over the past few years to return to Current status and become an attractive vehicle for excellent Companies like Third Bench, I recognize the negative effect certain structures and terms have had on our stock. Eliminating nearly One Million in variable Convertible Notes is a major victory for our shareholders," said Jeff Canouse, CEO of New America Energy Corp.
“As we move forward in building our Company through organic and acquisition growth, we expect to attract much more advantageous capital to assist our growth to the next level. Our team is very excited for what's ahead for the rest of the year and 2022,” said David Fair, CEO of Third Bench Holdings
Mr. Fair went on to say, “I've spent the majority of my career in mergers and acquisitions, I'm confident we have access to traditional financing given the low leverage ratios of our transactions and very active post COVID credit markets. We plan on continuing this path for future acquisitions as well.”
*About Third Bench Holdings*, *LLC*
THIRD BENCH Holdings is a holding company for three subsidiary companies operating as an architectural millwork and dealers in the cabinetry, kitchen and bath areas. THIRD BENCH, through its subsidiary companies offer products in categories: Residential Cabinets and countertops and commercial millwork throughout the Western U.S. for customers from California to Texas. THIRD BENCH also provides installation services as a part of its vertical offering. The company provides its products and services through its architectural millwork and retail facilities, currently located in Albuquerque and Las Cruces, New Mexico and Tucson, Arizona. Third Bench employs over 140 people and had revenue in excess of $18.8 million in 2020. Third Bench is on a run rate of over $24.0 million for 2021 and is cash flow positive. These projections have been provided by management and do not include the additional acquisitions that are currently under review.
Third Bench Holdings
175 S. Main Street #1410
Salt Lake City, UT 84111
https://thirdbench.com/
*About New America Energy Corp.*
New America Energy Corp. (NECA) is a holding company focused on strategic acquisitions that are opportunistic, cash-flow positive with hard assets.
*NECA Contact:*
Jeffrey M. Canouse
770-235-6053
jeff@necaholdings.com
jeffcanouse@gmail.com
https:/twitter.com/necaholdings
*NOTICE REGARDING FORWARD LOOKING STATEMENT*
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words 'believes,' 'expects,' 'anticipate' or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the company to differ materially from those expressed or implied by such forward-looking statements.
*SOURCE:* New America Energy Corp.
View source version on accesswire.com:
https://www.accesswire.com/657933/New-America-Energy-Eliminates-Roughly-Three-Million-in-Debt-Including-All-Variable-Convertible-Notes
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86th Annual API Federal Tax Forum, Sept. 23-24, Houston, Texas
The Forum is one of the only legal conferences focusing on federal oil and gas taxation and is consistently praised by partic
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Formentera pays $121M for Texas panhandle oil assets
Formentera Partners, a new private equity income fund co-founded by former Parsley Energy CEO Bryan Sheffield, has acquired n -More-
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Sanara MedTech Inc. Announces Second Quarter 2021 Earnings Release and Conference Call Dates
*FORT WORTH, TX / ACCESSWIRE / August 2, 2021 / Sanara MedTech Inc*.Based in Fort Worth, Texas, Sanara MedTech Inc. ("Sanara," the "Company,""we,""our" or "us") (NASDAQ:SMTI), a provider of surgical and chronic wound care products dedicated to improving patient outcomes, announced today details for the release of its results for the second quarter ended June 30, 2021.
Sanara plans to issue its earnings release after the market closes on Monday, August 16, 2021, and will host a conference call on Tuesday, August 17, 2021, at 9:00 a.m. Eastern Time. The toll-free number to call for this teleconference is 844-407-9500 (international callers: 862-298-0850). A telephonic replay of the conference call will be available through Tuesday, August 31, 2021, by dialing 877-481-4010 (international callers: 919-882-2331) and entering the replay passcode: 42396.
A live webcast of Sanara's conference call will be available under the Investor Relations section of the Company's website, www.SanaraMedTech.com. A one-year online replay will be available after the conclusion of the live broadcast.
*About Sanara MedTech Inc.*
With a focus on improving patient outcomes through evidence-based healing solutions, Sanara MedTech Inc. markets, distributes, and develops wound and skincare products for use by physicians and clinicians in hospitals, clinics, and all post-acute care settings and is seeking to offer wound care and dermatology virtual consultation services via telemedicine. Sanara's products are primarily sold in the North American advanced wound care and surgical tissue repair markets. Sanara MedTech markets and distributes CellerateRX^® Surgical Activated Collagen^® to the surgical markets as well as the following products to the wound care market: BIAKŌS™ Antimicrobial Skin and Wound Cleanser, BIAKŌS™ Antimicrobial Wound Gel, BIAKŌS™ Antimicrobial Skin and Wound Irrigation Solution and HYCOL™ Hydrolyzed Collagen. Through the Rochal Industries, LLC ("Rochal") asset acquisition, Sanara's pipeline contains potentially transformative product candidates for mitigation of opportunistic pathogens and biofilm, wound re-epithelialization and closure, necrotic tissue debridement, and cell compatible substrates. The Company believes it has acquired the ability to drive its pipeline from concept to preclinical and clinical development while meeting quality and regulatory requirements. Sanara is constantly seeking long-term strategic partnerships with a focus on products that improve outcomes at a lower overall cost. In addition, Sanara is actively seeking to expand within its six focus areas of wound and skincare for the acute, post-acute, and surgical markets. The focus areas are debridement, biofilm removal, hydrolyzed collagen, advanced biologics, negative pressure wound therapy adjunct products, and the oxygen delivery system segment of the healthcare industry. For more information, visit SanaraMedTech.com.
*Information about Forward-Looking Statements*
The statements in this press release that do not constitute historical facts are "forward-looking statements," within the meaning of and subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. These statements may be identified by terms such as "anticipate,""believes,""contemplates,""continue""could,""estimates,""expect,""intend,""may,""plan,""potential""predicts,""preliminary,""project,""seek,""should,""target,""will," or "would," or the negatives of these terms, variations of these terms or other similar expressions. These forward-looking statements include statements regarding the development of new products and expansion of the Company's business in telehealth and wound care. These items involve risks, contingencies and uncertainties such as Sanara's ability to successfully integrate the acquired business and operations of Rochal, including Sanara's ability to retain key employees following the acquisition, unexpected costs or expenses that may result from the acquisition, uncertainties associated with the development and process for obtaining regulatory approval for new products, the extent of product demand, market and customer acceptance, the effect of economic conditions, competition, pricing, the ability to consummate and integrate acquisitions, and other risks, contingencies and uncertainties detailed in the Company's SEC filings, which could cause the Company's actual operating results, performance or business plans or prospects to differ materially from those expressed in, or implied by these statements.
All forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to revise any of these statements to reflect the future circumstances or the occurrence of unanticipated events, except as required by applicable securities laws.
*Investor Contact:*
Callon Nichols, Director of Investor Relations
713-826-0524
CNichols@sanaramedtech.com
*SOURCE: Sanara MedTech Inc*.
View source version on accesswire.com:
https://www.accesswire.com/657935/Sanara-MedTech-Inc-Announces-Second-Quarter-2021-Earnings-Release-and-Conference-Call-Dates
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Legislators from across U.S. to join Texas lawmakers in D.C. to lobby for voting bills
At least 100 state lawmakers from 20 states will hold public and private events to push Congress to pass the For the People Act.
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cityCURRENT Launches Business Division GROWTHcurrent to Help People Amid COVID-19 Crisis
*NASHVILLE, TN / ACCESSWIRE / August 2, 2021 /* cityCURRENT has launched and continues to expand an internet-based learning and online personal development platform called GROWTHcurrent. The platform offers individuals access to exclusive content, interviews and learning modules, along with virtual events and online Q&A sessions with national guest speakers, business industry experts and global thought leaders who share their advice and success secrets to help people develop personally and professionally. GROWTHcurrent was launched amid the COVID-19 pandemic as a vital business pivot and an opportunity to further cityCURRENT's mission to power the GOOD by broadening the organization's reach and impact.GROWTHcurrent is a global extension of cityCURRENT's events, media and philanthropic efforts. Being an online platform, individuals across the United States and around the world have an opportunity to attend monthly virtual events and access an ever-growing library of learning modules and custom-created content on demand. Recent virtual event speakers include former Navy SEAL Jocko Willink, best-selling authors Stedman Graham and Alex Banayan, baseball legend Darryl Strawberry, actor Victor Rivas Rivers, and innovation expert Sara Frasca. Each event features Q&A sessions where attendees can have their questions answered live, and many also include one-on-one time with virtual screenshot photo opportunities at the end. New learning modules are produced and added each month with experts teaching on a wide variety of topics, like public speaking, networking, preparing for media interviews, serving on a nonprofit board, marketing and storytelling, yoga, creating your own executable Individual Development Plan, and landing your dream job.
According to the founder Jeremy Park,'We are happy to launch a product in today's challenging economy for our customers, especially local businesses and entrepreneurs who are just getting started. With the COVID-19 crisis wreaking havoc on the economy, GROWTHcurrent provides a solution for many business owners who may not be able to access loans from traditional lending institutions,' said Park.
'Even though we are starting this new division during these tough times, the ideal borrower is someone who believes in their business idea and is willing to do whatever it takes to succeed,' Park said.'We truly believe that GROWTHcurrent can help put others on the path to business stability.'
While some GROWTHcurrent content is free and available at GROWTHcurrent.com, individuals can receive full access to the virtual events, learning modules and other exclusive opportunities by becoming GROWTHcurrent subscribers for $8 a month or $96 for a year. Reduced pricing is available for bulk subscriptions. The subscriptions, by design, are meant to be affordable to increase access and to help larger numbers of individuals achieve greater levels of success and become changemakers, who can impact their community in even more purposeful ways. This focus on creating more global changemakers, along with the fact that money generated by GROWTHcurrent subscriptions fuels charitable contributions to nonprofits, is core to fulfilling cityCURRENT's mission to power the GOOD.
cityCURRENT is a privately funded community catalyst and coalition of more than 100 different businesses, some of which are among the world's largest employers. These companies, which include FedEx, AutoZone, Verizon, Kroger and Smith+Nephew, join forces and funds and enable cityCURRENT to host hundreds of events each year for enrichment and collaboration, to focus on philanthropy and supporting nonprofits and to produce positive-oriented media that highlights good news and opportunities to get involved in the community. The organization was established in 2005 and has offices and teams working in Memphis and Nashville, Tennessee. Earlier this year, cityCURRENT became part of a partnership between Memphis, Tennessee based Lipscomb & Pitts Insurance and Fort Worth, Texas based Higginbotham, one of the largest independent insurance brokers in the nation. The partnership sets up cityCURRENT as a philanthropic-driven division of Higginbotham with a greater network of resources and a larger geographical footprint across the different cities where the agency has offices. This new partnership combined with the launch and expansion of GROWTHcurrent continues to broaden cityCURRENT's reach and impact outside the Mid-South and Middle Tennessee.
cityCURRENT events include workshops and seminars, panel discussions, executive lunches, nonprofit tours, a signature speaker series, and more that are designed to share valuable content and bring business and community leaders together to foster collaboration. Philanthropically, the organization makes monetary donations to nonprofits and coordinates volunteer experiences, so companies and their teams of employees can physically serve and make a difference together. Examples include giving a mortgage-free home to a wounded veteran hero and having hundreds of adult volunteers wash the feet of thousands of youth, providing them with new socks and shoes as part of their Samaritan's Feet shoe distributions. cityCURRENT's media includes two radio shows with Cumulus Media, one that airs across the four stations in Memphis and another that airs across the five stations in Nashville; the ChangeMakers podcast; two television shows in Memphis, The SPARK and The SPARK Awards, with PBS affiliate WKNO-TV; and a third television show, the cityCURRENT Show on MeTV in Nashville, which recently launched in June.
cityCURRENT CEO, Jeremy C. Park, is the driving force behind cityCURRENT and GROWTHcurrent. When the pandemic began in March 2020 and cityCURRENT pivoted from hosting in person events to virtual events, his team noticed increased engagement, as well as increased demand for personal and professional development opportunities. Realizing a powerful opportunity to leverage an online platform, along with cityCURRENT's media production expertise and relationships with speakers, business leaders and thought leaders, Park and his team launched GROWTHcurrent as a new division for cityCURRENT. GROWTHcurrent already has allowed individuals to engage from Thailand and India to the United Kingdom and all over the United States. Companies and schools are signing up for bulk subscriptions to benefit their employees and students, and testimonials are highlighting how much the platform is making a difference. So, as things start to return to something more normal with in person events, cityCURRENT will work both locally and globally through GROWTHcurrent to continue helping people grow, supporting nonprofits and working to power the GOOD.
*About cityCurrent*
cityCURRENT is a privately funded community catalyst and coalition of more than 100 different businesses, some of which are among the world's largest employers.
Some of cityCURRENT's current partners include: Liberty Mutual Insurance, Unilever, Gillette, The Boston Consulting Group, Pitney Bowes Inc., and Park Plaza Hotels. Their Mission is to build a vibrant community through public-private partnerships that shape the global conversation on entrepreneurship, diversity and inclusiveness in the workplace. The organization is formed by a group of leaders from corporate headquarters, entrepreneurs, civic leaders, educational institutions and young professionals. They are dedicated to building a positive environment that cultivates youth development, economic vitality and civic engagement.You can learn more by visitinghttps://citycurrent.com/
*Media Contact:*
Company: cityCurrent
Contact: Jeremy C.Park
Email: jcp@cityCURRENT.com
Telephone: 901-321-1020
Website:https://citycurrent.news/
*SOURCE:* cityCurrent
View source version on accesswire.com:
https://www.accesswire.com/657967/cityCURRENT-Launches-Business-Division-GROWTHcurrent-to-Help-People-Amid-COVID-19-Crisis
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Foot Locker buying atmos, Eurostar in pair of deals
Foot Locker is acquiring a pair of companies in deals worth over $1 billion.
The New York footwear and clothing company said Monday that it's buying Text Trading Co., which owns and licenses Japanese retailer atmos, for $360 million. The transaction accelerates Foot Locker's Asia-Pacific expansion.
Atmos, with fiscal 2020 revenue of about $175 million, has 49 stores worldwide.
Foot Locker Inc. also announced that it's buying athletic footwear and clothing company Eurostar for $750 million.
Eurostar Inc. concentrates on Hispanic consumers, running 93 stores in California, Texas, Arizona, and Nevada. The company had approximately $425 million in fiscal 2020 revenue.
“This acquisition enhances our product mix and provides access to a customer base and store footprint that are both differentiated from and complementary to our current portfolio," Foot Locker Chairman and CEO Richard Johnson said in a statement.
Both deals are expected to close late in the third quarter.
The New York footwear and clothing company said Monday that it's buying Text Trading Co., which owns and licenses Japanese retailer atmos, for $360 million. The transaction accelerates Foot Locker's Asia-Pacific expansion.
Atmos, with fiscal 2020 revenue of about $175 million, has 49 stores worldwide.
Foot Locker Inc. also announced that it's buying athletic footwear and clothing company Eurostar for $750 million.
Eurostar Inc. concentrates on Hispanic consumers, running 93 stores in California, Texas, Arizona, and Nevada. The company had approximately $425 million in fiscal 2020 revenue.
“This acquisition enhances our product mix and provides access to a customer base and store footprint that are both differentiated from and complementary to our current portfolio," Foot Locker Chairman and CEO Richard Johnson said in a statement.
Both deals are expected to close late in the third quarter.
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Texas Rancher Claims Illegal Aliens Caused $60,000 In Damage To His Property
'It’s a sad day in American history'
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Texas Instruments: Better Ownership Of Supply Chain Is A Big Advantage
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Carson Wentz to have surgery, could be out until nearly November, plus Bills might be eyeing a move to Texas
Here's everything you need to know about the NFL for Aug. 2
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Texas Voting Law Resolution Unlikely With Legislative Session in Final Days
The Texas Legislature's special session appears headed to end without a resolution on an elections integrity bill. The session's final day is due to be Friday, with neither party indicating a willingness...
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Carson Wentz to have surgery, could be out until late October, plus Bills might be eyeing a move to Texas
Here's everything you need to know about the NFL for Aug. 2
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Texas Instruments Still Beyond Criticism On Quality, But Not So Bulletproof On Valuation And Expectations
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Also bigger in Texas? Back yards. Here’s how Dallas, Fort Worth, Austin, San Antonio and Houston compare
Texans with a hankerin’ for backyard barbecues, cornhole competitions, a place to let the dogs out or more lawn to mow are in luck: Home lots in the Lone Star State’s largest cities are some of the biggest the nation.
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‘The Largest Group…We’ve Ever Seen’: Thousands Of Illegal Migrants Appear To Crowd Under Texas Bridge
'Looks like it could be up to 1,000 people'
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Where the Austin chambers, City Council stand on Texas voting bills
As the state legislature remains divided on two contentious bills aimed at tightening voting laws, leaders from government and business have recently offered their positions on the hot-button issue.
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Former Trump White House Staffer Alex Vindman Hits Back at Newsmax Host Greg Kelly’s ‘Pathetic’ Diss
Lt. Col. Alexander Vindman was quick to fire back at Newsmax anchor Greg Kelly’s diss of him this week, saying in a colorful tweet that he won’t stand for Kelly’s insulting him and his family.“I’m not @SenTedCruz. I will not allow attacks on my wife and family go unanswered. Your attacks are even more pathetic than your pitiful attempts at notoriety @gregkellyusa,” Vindman tweeted Monday.
Vindman’s Monday remarks were in response to Kelly’s comments on Twitter a day earlier. Kelly posted a picture of Vindman, his twin brother Eugene and father Semyon, and said, “what a bunch of Schlubs. IS this the waiting room at Jiffy Lube? No, it’s the Vindman family — you know, that drama Queen who colluded with the Deep State to get TRUMP. He’s now running around trying to remind everyone who he is. Today Fake News @CBSNews hype his ‘book.'”
Vindman managed to include a dig at Texas Sen. Ted Cruz in his reply. He alluded to Cruz’s track record of failing to defend himself and his family against personal attacks even from within his own party — Cruz famously refused to retort after former president Donald Trump insinuated his wife Heidi was unattractive and threatened to “spill the beans” on her. Cruz also did nothing after Trump suggested Cruz’s father Rafael Cruz was involved in the 1963 assassination of John F. Kennedy.
Vindman was the star witness at Trump’s first impeachment trial; he witnessed Trump’s infamous Ukraine call as a White House staffer and reported it, leading to the inquiry and eventual court proceedings.
A few people in Kelly’s replies pointed out that even if the anchor says he’s spending upwards of $1,000 on pairs of cargo pants, his fashion sense has been well, questionable over the years so maybe he’s not the most qualified judge of whether a veteran is dressed “schlubby” or not.
One thing Kelly was sort of right about: Vindman is doing a publicity tour to drum up sales for his new memoir titled “Here, Right Matters: An American Story” that details his life growing up as a Ukranian immigrant living in Brooklyn before addressing his role in the impeachment.
What a bunch of Schlubs. IS this the waiting room at Jiffy Lube? No, it's the Vindman family—you know, that drama Queen who colluded with the Deep State to get TRUMP. He's now running around trying to remind everyone who he is. Today Fake News @CBSNews hype his "book" pic.twitter.com/NPuOEQfvEf
— Greg Kelly The PROJECT is a Secret (@gregkellyusa) August 1, 2021
I’m not @SenTedCruz. I will not allow attacks on my wife and family go unanswered. Your attacks are even more pathetic than your pitiful attempts at notoriety @gregkellyusa. pic.twitter.com/oTrYN3FADo
— Alexander S. Vindman (@AVindman) August 2, 2021
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A Texas lawmaker is asking donors to pay his legislative staff after Gov. Greg Abbott defunded the entire state legislature
Gov. Greg Abbott defunded the entire legislature after Democrats staged a walkout to prevent restrictive voting laws from passing.
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Louisiana Gov. Reinstates Statewide Mask Mandate, Including Children Ages 5 and Up
Louisiana currently has the fourth-highest daily average of coronavirus cases in the United States, behind California, Texas and Florida, amid a surge in cases nationwide that has been attributed to the Delta variant.
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More than 700 Spirit and American flights have been canceled and even more are delayed due to bad weather and a reported lack of flight crews
More than one-third of Spirit's flights for Monday have been canceled and Florida and Texas experience bad weather that's crippling airline operations.
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Optex Systems Announces $8.4 Million Order
*RICHARDSON, TX / ACCESSWIRE / August 2, 2021 / *Optex Systems Holdings, Inc. (OTCQB:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced today it has been awarded $8.4 Million as part of a 24 month purchase order for laser filters manufactured at the Applied Optics Center (AOC) Division of Optex Systems, Inc.Bill Bates, GM of AOC, stated: "Applied Optics Center continues to develop and produce the latest generation laser filters which protect both the soldier and the soldier's equipment. This award is the result of working directly with our customers to meet the changing technical requirements of these next generation systems."
With this order, Optex's current backlog stands at over $23 Million.
*ABOUT OPTEX SYSTEMS*
Optex, which was founded in 1987, is a Richardson, Texas based ISO 9001:2015 certified concern, which manufactures optical sighting systems and assemblies, primarily for Department of Defense (DOD) applications. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles, and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights, and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.
*Safe Harbor Statement*
This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the products and services described herein. You can identify these statements by the use of the words "may,""will,""could,""should,""would,""plans,""expects,""anticipates,""continue,""estimate,""project,""intend,""likely,""forecast,""probable," and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs and military spending, the timing of such funding, general economic and business conditions, including unforeseen weakness in the Company's markets, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in the U.S. Government's interpretation of federal procurement rules and regulations, changes in spending due to policy changes in any new federal presidential administration, market acceptance of the Company's products, shortages in components, production delays due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, changes to export regulations, increases in tax rates, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, changes in the market for microcap stocks regardless of growth and value and various other factors beyond our control.
You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially. The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.
*Contact:*
IR@optexsys.com
1-972-764-5718
*SOURCE: *Optex Systems Holdings, Inc.
View source version on accesswire.com:
https://www.accesswire.com/657839/Optex-Systems-Announces-84-Million-Order
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Dane Dunning, Rangers bullpen stymie Angels’ offense in 4-1 win
Dane Dunning and the Texas Rangers bullpen held the Los Angeles Angels to three hits in a 4-1 victory. Shohei Ohtani went 0-for-4 with two strikeouts.
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Dane Dunning, Rangers bullpen stymie Angels' offense in 4-1 win
Dane Dunning and the Texas Rangers bullpen held the Los Angeles Angels to three hits in a 4-1 victory. Shohei Ohtani went 0-for-4 with two strikeouts.
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Small Drone Hits 7 World Trade Center
Sources told CBS2 a man visiting from Texas was flying the small drone when it crashed into 7 World Trade Center.
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AM Weather Update With Anne Elise Parks
AM Weather Update With Anne Elise Parks
Studio: CBS 11 Dallas
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Texas State Aquarium returns to 50% capacity due to COVID spike
Studio: Kris 6 News
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Some North Texas Students Back In School To Curb Pandemic Learning Loss
Some North Texas Students Back In School To Curb Pandemic Learning Loss
Studio: CBS 11 Dallas
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Texas State Aquarium scales back to 50% capacity
The Texas State Aquarium reports it is scaling back capacity at the attraction to 50%.
Studio: Kris 6 News
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Texas Senate Select Committee Meets Regarding Future Of Texas College Sports
The Big 12 is concerned about Texas and Oklahoma leaving for the SEC.
Studio: CBS 11 Dallas
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Thousands Of North Texas Students Return To In-Person Learning
Caroline Vandergriff takes a look at the return to school during the COVID-19 pandemic.
Studio: CBS 11 Dallas
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North Texas School Districts Grapple With Learning Loss And Keeping Teachers, Students From Getting COVID-19
Following an extended calendar in an effort to address learning loss, this year they’re offering students more built-in social and emotional learning time.
Studio: CBS 11 Dallas
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QB Recruit Quinn Ewers Skipping Senior Year At Southlake-Carroll, Headed To Ohio State
Big news from the North Texas teen considered to be the top quarterback prospect in the class of 2022. Quinn Ewers is skipping his senior year at Southlake-Carroll and is headed to Ohio State.
Studio: CBS 11 Dallas
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Black-owned businesses faced challenges, new opportunities during COVID-19 pandemic
Studio: ABC 25 News KXXV
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