POLITICO
Get the POLITICO Influence newsletter
Email
Sign Up
By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Presented by Obesity Care Advocacy Network
With help from Daniel Lippman
SBA TO SHUTTER RESTAURANT RELIEF FUND: The Small Business Administration told restaurants Wednesday night that on July 14 it will shut down the portal for businesses to apply for pandemic relief through the Restaurant Revitalization Fund, after it failed to provide grants to more than two-thirds of applicants for the aid.
by Katherine Dupree, RIoT June 4, 2021 .
RALEIGH – RIoT is excited to announce its eighth RIoT Accelerator Program cohort, which kicks off in Raleigh on June 9. This cohort is not only Raleigh’s sixth RAP cohort, but also its first in-person, post-pandemic cohort, with some teams streaming in virtually.
After a competitive application cycle, seven impressive startups have been chosen to complete the 12-week, equity-free program. This cohort features highly focused technical startups, which is sure to make for fascinating discussions, interesting collaboration and an incredible in-person pitch night later this Fall – stay tuned!
Get to know each of the incredible teams below:
Ultrack Systems, Inc.: Ultrack Systems Successfully Retires An Initial One Hundred Million Outstanding Common Shares
Concord, Ontario (Newsfile Corp. - February 2, 2021) - Ultrack Systems Inc. (OTC Pink: MJLB), a total fleet-management GPS tracking and monitoring solution provider, is pleased to announce that the Company has successfully completed the process of retiring 100,000,000 shares that are currently issued and considered outstanding with our corporate share structure. After completing this substantial reduction, the new current Outstanding Share total is approximately 275m.
Ultrack CEO Michael Marsbergen commented: These 100,000,000 common share reductions is in keeping with my commitment to shareholders to growing this Company and adding value wherever possible. Retiring 100 million shares from our current Outstanding Share count immediately increases shareholder value. At the current market price of about .07 per share for MJLB stock this retirement represents a $7,0