Provider

Sioux Falls tenants dealing with mandatory cable, internet subscription report slower provider, substandard equipment

SIOUX FALLS, S.D. (Dakota News Now) -In May well, a letter sent to tenants at Dakota Pointe, West Pointe Commons, and Whisper Ridge was bewildering. Some assumed it was a hoax and contacted our I-Team.

The home operator, Cornerstone Residential of Bountiful, Utah, required tenants to subscribe to a Midco assistance by way of a 3rd-occasion seller Onboard right now. Regretably, for some tenants, the company was even worse than they anticipated.

“Take that away and allow us have our personal services.” said a tenant in aggravation. He said there had been eviction threats, so we’ve saved his identification risk-free.

“They came in and put a modem in nonetheless, it’s not a wi-fi modem. they wished me to run ethernet cables through my residence in purchase to run my television set or my personal computer,” he explained.

Another tenant contacts us with issues the web assistance might not be as secure. This person agrees.

“I do banking on the net as perfectly, and it’s some kind of group issue they place in,” he reported.

People who have built the change experienced 200 mega bytes per next speeds minimize in 50 %. Their monthly bill went from 50 dollars to 80 dollars. Pursuing our I-staff report in May, the bill was lowered to 55 bucks. Even at that cost, tenants say the high quality of the service and gear is resulting in problems.

Midco representatives say they’re not the immediate provider and say it’s unfortunate for the tenants. We pressed even more, asking why Midco would choose to do business enterprise with a 3rd-occasion vendor creating these considerations, and received this reaction.

“We’re functioning with our purchaser to attempt and clear up for these problems to help the tenants,” stated Director of Company Communications Paige Pearson Meyer.

A option could come by contacting the Federal Communications Fee, as a new regulation previously this 12 months could problem this type of arrangement.

FCC Chairwoman Jessica Rosenworcel says

“The guidelines will crack down on tactics that reduce competitors and successfully block a consumer’s potential to get decrease selling prices or greater top quality products and services.”

In a point out that boasts of freedom, the tenants say losing their independence of option is unacceptable.

“I do not believe that was honest just to desire that we go to this new assistance,” he claimed.

The 3rd-party vendor, Onboard Right now, is energetic nationwide, operating with quite a few cable providers. As for the landlord, Cornerstone Residential, the Superior Business enterprise Bureau, and feedback on social media websites reveal quite a few negative ordeals from tenants. Our I-Workforce has produced a lot of makes an attempt to call the two functions and have not received a response.

Copyright 2022 Dakota Information Now. All rights reserved.

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BevCanna Closes Acquisition of Solventless Cannabis Extraction and Delivery Technology Provider Embark Health Inc.

VANCOUVER, British Columbia–()–Innovative health and wellness beverages and products company, BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) (“BevCanna” or the “Company”) announces today the closing of its acquisition of solventless cannabis extraction and delivery technology provider Embark Health Inc. (“Embark”).

This acquisition was pursuant to the agreement dated September 19, 2021, as amended November 12, 2021 (the “Agreement”), by and among Embark, 1323977 B.C. Ltd. (“Subco”), a wholly-owned subsidiary of BevCanna, Bruce Dawson-Scully, in his capacity as shareholder representative and not in his personal capacity, and certain shareholders of Embark, pursuant to which BevCanna acquired all of the issued and outstanding securities of Embark (each an “Embark Security”) by way of a three-cornered amalgamation (the “Transaction”) as previously announced on September 20, 2021.

“Completing the acquisition of Embark Health is a significant milestone in BevCanna’s strategic transformation into a diversified health and wellness company,” said John Campbell, CFO and Chief Strategic Officer of BevCanna. “Embark’s solventless cannabis extraction and enhanced delivery technology will be a robust driver of growth for the Company, further diversifying our unique portfolio of brands and adding valuable intellectual property and four innovative adult-use cannabis brands to our range of offerings.”

“The acquisition also bolsters BevCanna’s balance sheet,” noted Mr. Campbell. “Embark brings $17 million in tangible and intangible assets, including direct ownership of $11 million in equipment and the use of a modern production facility in Delta, BC.1 This acquisition brings BevCanna to over $100 million in unaudited assets on the balance sheet and $2.9 million in long-term liabilities.”

Deal Highlights:

  • The combined entity will have over $100M in assets on the balance sheet and $2.9 million in long-term liabilities.
  • Adds a unique range of valuable brands, across all three cannabis 2.0 categories, that enables BevCanna to sell differentiated and complementary adult-use and wellness products
    • includes the “Hazel” Hash Stick, to which BevCanna now holds the exclusive worldwide license, and is the first-of-its-kind in Canadian market.
  • Adds a state-of-the-art production facility in Delta, BC, with $17M1 in tangible and intangible assets including direct ownership of $11M1 in equipment.
  • The deemed price of the BevCanna Shares being issued to former Embark securityholders in the transaction is $0.45 per share, which represents a 146 per cent premium to the volume weighted average trading price of the BevCanna Shares on the CSE for the five trading days preceding the date of this announcement.
  • Bolsters beverage portfolio with the addition of proprietary nanotechnology and rapid onset delivery technology for beverage, topical and edible products, allowing BevCanna to vertically integrate its supply for select in-house and white-label clients.
  • Adds innovative solventless extraction technology that enables BevCanna to offer hash, bubble hash, live rosin and other adult-use cannabis products.
  • Adds experienced management and operations team members who are pioneers in cannabis, extraction, and drug delivery technology, including:
    • Bruce Dawson-Scully, Founder and Chief Executive Officer of WeedMD (TSXV:ENTG)
    • Marcus “Bubbleman” Richardson, best known as the founding pioneer of bubble hash
    • Michael West, global extraction expert who
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