$40.7M awarded in bitcoin Ponzi case

But according to the decision, Shavers used new bitcoin to repay earlier investors, diverted some to personal accounts at the now-bankrupt Mt. Gox exchange and elsewhere, and spent some investor funds on rent, food, shopping and casino visits.

"The collective loss to BTCST investors who suffered net losses (there were also net winners) was 265,678 bitcoins, or more than $149 million at current exchange rates," wrote Mazzant, who sits in Sherman, Texas.

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Mazzant held Shavers and his company liable to give up $38.6 million of illegal profits plus $1.8 million in interest. Each defendant was also fined $150,000.

The SEC announced the case on July 23, 2013, the same day it warned investors to be on alert for potential scams involving bitcoin and other "cutting-edge" investments.

The case is SEC v. Shavers et al, U.S. District Court, Eastern District of Texas, No. 13-00416.

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$40.7M awarded in bitcoin Ponzi case

Comets Re-Sign Four Players

September 19, 2014 - Major Arena Soccer League (MASL) Missouri Comets INDEPENDENCE, MO (September 18, 2014) - With the 2014/15 Major Arena Soccer League season set to kickoff in five weeks, the current MISL Champions led by head coach Vlatko Andonovski, have re-signed four experienced players to strengthen the roster for the upcoming season. The Missouri Comets announced today that they have reached agreements with Vahid Assadpour, Danny Waltman, Robert Palmer and Ramone Palmer.

Assadpour has re-signed with the Comets for three years and Waltman for two, while Robert and Ramone Palmer signed one-year deals. Per league and team policies, additional contract details were not disclosed.

Vahid Assadpour has been a part of the team since its return to the Major Indoor Soccer League in 2010 and helped the Comets win the 2013 MISL Championship. The Toronto, Canada native also serves as the team captain and assistant coach and has played 99 games as a Comet. The Comets' home opener will be the midfielder's 100th game with the club. Assadpour recorded 20 goals, 15 assists with a total of 57 points last season, which was good for 6th in the league and 2nd on the team.

"Vahid's our quarterback, the guy who makes the team go when he's on the field, and Danny is the best goalkeeper I've ever been around, a true leader and an exceptional teammate," said Comets Head Coach Vlatko Andonovski. "Both guys have been so instrumental in the revival of the Comets, and I know how much winning the championship last season meant to both of them."

Goalkeeper Danny Waltman was the very first player signed by the Comets upon their return to action in 2010 and has been a fan favorite ever since. His love for the Comets and reflexes under the goal were important for the Comets to win the MISL Championship last year. Waltman's 249 saves and .738 save percentage were good for 3rd in the MISL last season. Aside from his goalkeeping duties, the team announced that Waltman will now become the Comets' Youth Soccer Camp Director. The Gig Harbor, Washington native has also captained the U.S. Futsal National Team the past four summers.

"Danny is the epitome of a class-act in sports," said Team President, Brian Budzinski. "He's a champion both on and off the field. The way he gives back to the community should be the model for all athletes, and with his new role as Youth Soccer Camp Director, he will playing an even more prominent role with youth in Kansas City."

Midfielder Robert Palmer will be entering his second full season with the Comets, having joined the team midway through the 2012/13 season. On January 27, 2012 he scored his first goal at Rochester. The Kingston, Jamaica native attended Park University where he was named 2010 AMC First-Team All-Conference Performer. Last season, he played a total of 22 games recording 5 goals, 3 assists and 15 points.

Forward Ramone Palmer also joined the Comets before the 2012/13 season and will be playing his second full season with the team. He made his first appearance with the Comets on November 24, 2012 against the Baltimore Blast and scored his first goal against Chicago on December 28 that same year. Born in Kingston, Jamaica he played for Park University and was named American Midwest Conference Men's Player of the Year in 2010. Last season, he played in all 26 games recording 12 goals, 9 assists and 33 points.

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Comets Re-Sign Four Players

Comets blast South Davidson

Published: Friday, September 19, 2014 at 12:30 a.m. Last Modified: Saturday, September 20, 2014 at 12:42 a.m.

Denton On the opening series of their Yadkin Valley Conference tilt Friday night, South Davidson caught North Stanly by surprise. After Corey Hartman was sacked on the first offensive play of the game, the Wildcats faced a 2nd and 19 from their own 26-yard line.

On the next play, Hartman hit Billy Caulder on a screen along the far sideline. Caulder turned back to the middle of the field and weaved his way to the end zone, electrifying the home crowd. Hunter Query made the extra point and the Wildcats lead 7-0.

There would be no more surprises.

Behind a monster 377 -yard, five-touchdown performance from their highly recruited running back, Antonio Williams, North Stanly rolled to a 75-7 victory over the Wildcats.

On North's first play from scrimmage, Williams bolted through the middle of the line for a 45-yard scoring run and Tyler Billingsley tacked on the extra point to tie the game.

After South recovered an onside kick attempt, a fumbled snap gave the Comets the ball back at the South Davidson 44-yard line. Enter Williams again who this time raced untouched down the sideline for a 44-yard touchdown.

Williams added scoring runs of 54, 22 and 64 yards as he finished the night with a 31-yard average on 12 carries. He even had a 60-yard would-be touchdown called back on a holding penalty.

South Davidson coach Joe Cullen talked about preparing for a team like North Stanly and a player with the speed and strength of Williams.

"You spend the week talking about getting more hats on him and you talk about he's going to run through you," Cullen said. "They're going to line up in about three or four formations. They run about three plays for him and occasionally reward the fullback for his efforts. That kid could start for any school in the state," Cullen said.

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Comets blast South Davidson

Is Psoriasis Contagious? Why it Happens and 2 Ideas on Stopping It! – Video


Is Psoriasis Contagious? Why it Happens and 2 Ideas on Stopping It!
http://utahtexans.com/ Click on the link above for a free video guide to dietary supplements and alternative medicine! Today I #39;m going to be answering the question is psoriasis contagious,...

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Is Psoriasis Contagious? Why it Happens and 2 Ideas on Stopping It! - Video

Dermira sets terms for $80 million IPO; biotech treats scaly, sweaty, acne-covered skin

Dermira, a biotech targeting skin conditions such as psoriasis, excessive sweating and acne, announced terms for its IPO on Friday. The Redwood City, CA-based company plans to raise $80 million by offering 5.4 million shares at a price range of $14 to $16. At the midpoint of the proposed range, Dermira would command a fully diluted market value of $402 million.

Dermira has entered a collaboration agreement with Dutch pharmaceutical company UCB to develop its Cimzia drug for the treatment of moderate-to-severe plaque psoriasis. Cimzia is currently approved in the US for rheumatoid arthritis, psoriatic arthritis and Crohn's disease. Dermira expects to commence Phase 3 trials in the first half of 2015.

The company also has a topical small molecule treatment for hyperhidrosis, or excessive sweating, in Phase 2 trials and expects to enter Phase 3 by the 2H15. Dermira is also developing a small molecule sebum inhibitor for the treatment of acne, which has completed Phase 2a trials and expects Phase 2b to commence in the 1H15.

Primary shareholders include New Enterprise Associates, Bay City Capital, Canaan Partners, UCB S.A., Maruho Co., Apple Tree Partners and Fidelity.

Dermira is one of several biotech IPOs targeting psoriasis, including this past week's acne/psoriasis biotech Foamix Pharmaceuticals (FOMX), next week's Vitae Pharmaceuticals (VTAE) and recent filers Virobay (VBAY) and Forward Pharma (FWP).

Dermira, which was founded in 2010, plans to list on the NASDAQ under the symbol DERM. Citi and Leerink Partners are the joint bookrunners on the deal. It is expected to price during the week of September 29, 2014.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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Dermira sets terms for $80 million IPO; biotech treats scaly, sweaty, acne-covered skin

9 Global Options Stem Cell Therapy for Parkinson’s Disease – Video


9 Global Options Stem Cell Therapy for Parkinson #39;s Disease
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Eben Alexander – Synthesis of Science and Spirituality: The Arc of Human Destiny over Milennia – Video


Eben Alexander - Synthesis of Science and Spirituality: The Arc of Human Destiny over Milennia
Distinguished scholars and scientists at the 128th Summer Convention of the Theosophical Society in America discuss the implications of the near-death experience and more! In this program,...

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Eben Alexander - Synthesis of Science and Spirituality: The Arc of Human Destiny over Milennia - Video

Reforming Religion

What Can Judaism Teach Us about

Reforming Organized Religion?

Faith-based Traditions Must Adapt to Stay Relevant,

Says Former Temple President

As we approach Yom Kippur on Oct. 4, also known as the Day of Atonement the holiest day of the year in Judaism Martin Vesole, former president of Temple Menorah in Chicago, and author of a well-regarded novel about the relationship between Judaism and Christianity, says his religious tradition must adapt or risk fading into irrelevance.

Twenty percent of Americans describe themselves as spiritual but not religious theyre part of the 46 million religiously unaffiliated adults in the United States, according to the Pew Research Center, says Vesole, a former attorney and author of the Jewish-themed novel Sleeping Truth,www.martinvesole.com.

Of religiously unaffiliated adults, more than two thirds say they believe in God, and one in five say they pray daily. Only 13 million are self-described agnostics or atheists. To me, this says that faith is alive and well in 2014, Vesole says.

However, particularly for younger people, the compulsory traditions of organized religion are viewed as archaic, though the need for purpose and meaning in life remain strong. Organized religion can be doing more to remain relevant to the millions who are hungry for spiritual significance.

Organized religions have adapted and evolved throughout history, Vesole notes, citing examples in the history of the Jews:

Fundamental aspects of Judaism changed to meet changing needs.

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Reforming Religion