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Ideanomics Reported July and August Electric Vehicle EV Unit Sales

Ideanomics is pleased to announce its Mobile Energy Global (MEG) division's activity from the period starting July 1, 2020, and ending August 31, 2020.

New York, United States., September, 17, 2020 -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") is pleased to announce its Mobile Energy Global (MEG) division's activity from the period starting July 1, 2020, and ending August 31, 2020.

MEG activities during the period of July 1, 2020 through August 31, 2020 were as follows:

Vehicle Type Units Invoiced Units Delivered
Heavy Trucks - - 25
Taxis/Ride-Hailing 557 178
TOTAL UNITS 557 203

"Units Delivered" refers to vehicles which have been delivered to customers, and Ideanomics has obtained the delivery notes. "Units Invoiced (pending expected delivery)" refers to customer orders where sales invoices have been issued and units ordered are still pending expected delivery. Delivery dates vary according to the type of vehicle and manufacturer availability.

The US GAAP accounting treatment for the anticipated revenue from the above orders will not be finalized until the order transactions complete. Consequently, the revenue may be reported on a Gross or Net basis and some portion may be deferred to future accounting periods.

About Ideanomics:
Ideanomics is a global company that facilitates the adoption of commercial electric vehicles and supports next-generation financial services and fintech products. Our electric vehicle division, Mobile Energy Global (MEG) provides group purchasing discounts on commercial electric vehicles, EV batteries and electricity, as well as financing and charging solutions; we refer to this business model as sales to financing to charging (S2F2C). Ideanomics Capital provides fintech services that include intelligent and innovative solutions powered by AI and blockchain. Together, MEG and Ideanomics Capital provide our global customers and partners with more efficient solutions for a greener economy.

The company is headquartered in New York, NY, with offices in Beijing, Guangzhou, and Qingdao, and operations in the U.S., China, Ukraine, and Malaysia.

Contact:
David Joseph
Ideanomics
55 Broadway, 19th Floor
New York, NY 10006
212-206-1216
This email address is being protected from spambots. You need JavaScript enabled to view it.
https://ideanomics.com

Freedom Firm LLC Launches to Help Injury Victims Find the Best Attorney

Dallas, TX - September 2020: A new advisory company - Freedom Firm LLC - is seeking to take the hard graft out of finding the right injury lawyer by doing all the work for the client.

Launched in August 2020, Freedom Firm is a non-legal advocate—a third-party that can competently vet law firms on your behalf.

"We are not a law firm, and that's actually to the victim's benefit," said a company official. "We began this service as we understand how difficult it can be to find a great injury lawyer to work on your case."

When victims begin a search for a lawyer online, they are often overwhelmed with names of local law firms, but it's unclear which of these firms are capable of handling specific cases. 

Victims should be asking themselves: Which ones handle accident cases like mine? Which ones have had issues with their local bar associations? Which ones are great at marketing, but lousy at providing competent legal representation?"

"If you happen to wind up on a legal directory, you will see hundreds of law firms all vying for your business," the spokesman added. "What you will not see is anything that helps narrow down your search to the right law firm for you."

Freedom Firm works systematically to find only the best legal representation and give you the information you need to make an educated decision on your attorney. Using their 360 degrees Smart Advocacy criteria, they will handle your legal matter with care, compassion and experience.

Their selection process includes assessing a lawyer's experience reputation, success, affordability caring attitude, availability, advocacy and knowledge.

One of Freedom Firm's first recommendations, having reviewed lawyers throughout Texas, is Oberheiden Law. Their attorneys had recovered more than $6 billion for injured victims, their rates are below market value, their attorneys are always available, and they offer free consultations. And they don't charge unless a case is won.

For more information about Freedom Firm, contact them on 866-285-0510, or view their services at  https://thefreedomfirmllc.com/.

 

Joint Statement Libyan Dialogue Comprehensive Agreement on Transparent and Objective Criteria and Mechanisms to Occupy Posts of Sovereignty

Libyan Dialogue; Bouznika , Morocco - The delegations of the Libyan High Council of State and the Tobruk Parliament announced at the end of their meetings, that they reached a comprehensive agreement on the transparent and objective criteria and mechanisms to occupy the posts of Sovereignty.

Berlin, Germany., September 21, 2020 -- According to a joint statement read by Driss Omran of the Libyan House of Representatives, in the presence of minister of Foreign Affairs, African Cooperation and Moroccan Expatriates, the delegations of the Libyan High Council of State and the Tobruk Parliament announced at the end of their meetings in Bouznika Morocco, that they reached a comprehensive agreement on the transparent and objective criteria and mechanisms to occupy the posts of Sovereignty. Both parties also agreed to continue this dialogue and to resume these meetings during the last week of September. The objective is to complete the necessary measures to ensure the implementation and activation of this agreement.

The two parties to the dialogue called on the UN and the international community to support Morocco's efforts to create the right conditions and a conducive climate to achieve a comprehensive political solution in Libya. They also reiterated their thanks and gratitude to the Kingdom and to King Mohammed VI for the support and assistance to overcome the Libyan crisis. These talks aim at achieving the hopes of the Libyan people and their aspirations to build a civil and democratic State that is governed by peace, security and stability.

The two delegations also affirmed that their meetings took place in "a friendly and fraternal atmosphere marked by understanding and consensus". These talks were held as a result of the two Libyan delegations' awareness of the current situation in the country, as extremely dangerous situation is threatening its security, territorial integrity and sovereignty. this situation has become worse following foreign interventions that only revive war, regional and ideological alignments.

Both parties also emphasized that these meetings take place in accordance with Article 15 of the Libyan political agreement reached in Skhirat, Morocco and following the conclusions of the Berlin conference. In addition, these talks took place on the basis of the relevant Security Council resolutions. The foreign intervention in the the Libyan affairs caused a division of the political and institutional powers and caused the citizens to lose confidence in the legislative and executive institutions.

About Friends of Morocco:
Friends of Morocco (FOM), active since 1988, is an organization of Americans and Europeans, mostly returned volunteers, with experience in Morocco with an interest in promoting political, educational, cultural, charitable, social, literary and scientific exchanges between Morocco and the rest of the world. FOM is a non profit organization with the headquarter is in the USA and chapters around the world. The main objective of Friends of Morocco is to promote Morocco and to build bridges and connect people who have fallen in Love with this country, adopted its culture and made it their 2nd home. Friends of Morocco is a nonprofit organization with branches around the world.

Contact:
Elle P. Wolfgang
Friends of Morocco
Berlin, Germany
015213454385
This email address is being protected from spambots. You need JavaScript enabled to view it.
http://www.freundevonmarokko.de

FDA Authorizes the Use of Certain Surgical Masks in Healthcare Settings

The US Food and Drug Administration (FDA) has issued an umbrella emergency use authorization (EUA) that sanctions the use of certain surgical masks in healthcare settings. The EUA was issued in response to concerns over the lack of disposable single-use surgical masks for healthcare professionals during the COVID-19 pandemic.

The EUA contains labeling and performance requirements to reduce the risk of unauthorized surgical masks being used.

Key labelling requirements include:

  • Description of the product as a disposable, single-use surgical mask. The labeling must include a list of the body contacting materials (which does not include any drugs, biologics, nanoparticles, or antimicrobial/antiviral agents)
  • State that the product is not intended to replace the need for FDA-cleared surgical masks or FDA-cleared or authorized respirators
  • State that surgical masks are not intended to provide protection against pathogenic biological airborne particulates and are not recommended for use in aerosol generating procedures and any clinical conditions where there is significant risk of infection through inhalation exposure
  • Not include statements that would misrepresent the product or create an undue risk considering the public health emergency. For example, the labeling must not include any express or implied claims for: (1) reuse, (2) antimicrobial or antiviral protection or related uses, (3) infection prevention, infection reduction, or related uses, or (4) viral filtration efficiency

These products must also be accompanied by a fact sheet when being used by a healthcare professional.

Specific performance requirements include:

  • Fluid resistance requirements (liquid barrier performance) consistent with ASTM F1862: Standard Test Method for Resistance of Medical Face Masks to Penetration by Synthetic Blood (Horizontal Projection of Fixed Volume at a Known Velocity)
  • Flammability performance consistent with the definition of either a Class 1 or Class 2 textile in 16 CFR Part 1610
  • Particulate filtration efficiency requirements consistent with ASTM F2100: Standard Specification for Performance of Materials Used in Medical Face Masks
  • Air flow resistance (i.e. breathability) requirements with an acceptance criterion of 6 mm H2O/cm2 for differential pressure (delta P) testing consistent with ASTM F2100: Standard Specification for Performance of Materials Used in Medical Face Masks for those masks composed of 4 or more layers
  • Materials of manufacture must conform to either of these requirements:
    • Non-cytotoxic, non-irritating and non-sensitizing consistent with the recommendations in the FDA’s guidance, “Use of International Standard ISO 10993-1, ‘Biological evaluation of medical devices – Part 1: Evaluation and testing within a risk management process’”
    • Following biocompatibility standards: 
      • ISO 10993-1: Biological evaluation of medical devices – Part 1: Evaluation and testing within a risk management process 
      • ISO 10993-5: Biological evaluation of medical devices – Part 5: Tests for in vitro cytotoxicity 
      • ISO 10993-10: Biological evaluation of medical devices – Part 10: Tests for irritation and skin sensitization

Not included under the scope of the EUA are surgical masks that are:

  • FDA-cleared
  • Manufactured in China
  • Include drugs, biologics, nanoparticles, or antimicrobial/antiviral agents

EUA can be issued by the FDA during a public health emergency. This EUA was issued on August 5, 2020. To learn more about it, read the original SafeGuard 123/20.  

 

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