Category Archives: Business Economy Finances

Business Economy Finances

Financial and tax delinquency: Who is the Bad Accountant?

Financial and tax delinquency: Who is the Bad Accountant?

During the last decades, academic literature and mass media have broadly covered the never-ending stream of deceit, fraud and monetary delinquency of financial crimes. However, so far literature has essentially focussed on CEO and top management crimes. This book aims to change that. In The Bad Accountant. Offender-accountants and their offenses, published in 2018 at GRIN Publishing, Paul Eisenberg makes offender-accountants subject to academic scrutiny.

When dealing with financial delinquency, the term white-collar crime (WCC) is the central concept. But what does the typical white-collar criminal look like? Is he a male white, aged 40-45 and well educated, a high-income earner enjoying a prestigious social status? Or rather a white woman around 25, with a high school degree and low income, strained by private indebtedness? Eisenberg scrutinises demographic characteristics of qualified accountants, and investigates the offenses committed by this distinct group of perpetrators.

Accountants as financial delinquents: A homogenous group?

Knowing the attributes of offender-accountants may help in policing white-collar crimes, especially because – as Eisenberg“s study reveals – white-collar criminals may be repeat offenders. The author gives a thorough analysis on the crimes and infringements committed, the victims, the methods of detection, the duration of offense and the damages caused. The book The Bad Accountant. Offender-accountants and their offenses is a useful tool for chartered accountants, professional accounting organizations, and regulatory committees.

About the author

Paul Eisenberg holds positions of both an authorized representative for a tax consulting firm and audit senior in an auditing firm in Germany. In addition, he teaches business tax law and accounting at three German universities of applied science. He holds a Master of Laws in European Tax Law as well as a Master of Science in Forensic Accounting. Eisenberg has several international professional qualifications, including Chartered Accountant.

The book has been released at GRIN Publishing in December 2018 (ISBN: 978-3-668-85155-9)

Direct link: https://www.grin.com/document/453024

Free reading samples can be obtained from GRIN Publishing. Please refer to presse@grin.com

Der GRIN Verlag publiziert seit 1998 akademische eBooks und Bücher. Wir veröffentlichen alle wissenschaftlichen Arbeiten: Hausarbeiten, Bachelorarbeiten, Masterarbeiten, Dissertationen, Fachbücher uvm.

Contact
GRIN Verlag / Open Publishing GmbH
Sabrina Neidlinger
Nymphenburger Str. 86
80636 München
Phone: +49-(0)89-550559-0
Fax: +49-(0)89-550559-10
E-Mail: presse@grin.com
Url: http://www.grin.com

Business Economy Finances

Pantercon: With crypto currencies (Bitcoin) to financial independence?

Wallet – the purse of the future?

Pantercon: With crypto currencies (Bitcoin) to financial independence?

(Source: CC0)

The Pantercon Crypto One-Time One – Part 3: What is a Wallet?

The term „wallet“ comes from English and means purse, purse, purse – as you might call it.

A wallet is an application with which the private key, the access or security key to access the crypto coins and make transfers, etc., is secured.

The coins are never stored on the wallet, they are only on the blockchain. The wallet only gives access to them. With a bank account, for example, the money is not stored on the ATM card, but at the bank.

What types of wallets are there?

There are different types of wallets that can be used at will. There are also two types of storage – Cold Storage and Hot Storage.

Cold Storage:

Cold Storage – Cold storage refers to the offline storage of the Private Key, which is neither stored in Apps nor anywhere else on a PC or the Internet. It is a somewhat cumbersome solution, but the most secure.

– Brain Wallet

The Brain Wallet is the safest variant, but requires a very good memory. A private key or a seed with a mnemonic generator is created beforehand. This is a sequence of a certain number of words from which the Private Key is derived. These words can be learned by heart and remembered in the head, it is not written down anywhere. If the word sequence is forgotten or only one letter is wrong, the access to the crypto coins is lost.

– Paper Wallet

The Paper Wallet is not a digital wallet in the true sense of the word, yet it offers the possibility to store crypto currencies securely.

For this it is also necessary to create a private key. This works with certain programs e.g. with a mnemonic generator. There are also programs, where e.g. only the mouse has to be moved back and forth a few times and a random key is calculated from these movements. For this process it is advisable to disconnect the computer from the Internet, so that you can work completely offline.

The calculated key consists of different characters, or the seed of words, which should be noted on a piece of paper. A pencil is best suited for this, it does not bleach even after years. In addition, the piece of paper should be stored in a plastic bag so that no humidity is added, preferably in a safe.

Those who manage a large amount of coins can also store this paper wallet in a safe.

In the case of a paper wallet, only incoming money is usually booked. As soon as an outgoing transfer is made, an Internet connection is necessary, which represents a security gap. For this reason, a new private key should be created and the remaining coins sent to the new public address.

The paper wallet is usually used when coins are left lying around and no transactions are to take place.

Personal tip: Write and laminate a private key or seed with a pencil, firmly pressed on 2 small index cards. Then keep the paper wallet in 2 different places.

Hot Storage:

Hot Storage – Hot storage means that the Private Key is either stored somewhere online, or secured in software that has access to the Internet. This method is convenient, but also riskier than cold storage.

– Soft Wallet

The Soft Wallet is a software application that is available in different versions for the computer or smartphone. They all work according to the same principle, they remember the private key. To log in, you need a password that you can assign yourself. This is the insecurity of the matter, because many use date of birth or similar, easily remembered combinations of numbers or letters.

It is important to choose a secure password that no one can guess. It is also necessary to always use new operating system software and an up-to-date anti-virus program that protects against unwanted access.

If the private key is entered in the wallet software, crypto currencies that are available can be transferred or bought.

Soft wallets are usually limited to certain crypto currencies and, if several currencies are used, several wallets must also be used. Our future Pandora Wallet will be a universal multiwallet that will allow you to manage many different coins and tokens.

– Crypto Exchange (Online Wallet)

It is also possible to store the private key in so-called online wallets. Newcomers to the crypto sector in particular often make use of this convenient offer, as these online wallets are offered directly by trading exchanges where coins are purchased. They offer a particularly friendly user interface. It is practical and simple, but also the most insecure variant. The private key is not managed by the exchanges themselves, but is cryptographically encrypted. You don“t know your own Private Key!

The risk of such a stock exchange being hacked or otherwise losing your coins is given.

You also don“t give your bank card with secret code to anyone, so that he takes care of it and takes over the withdrawal of money.

The mixture does it:

– Hard Wallet

The Hard Wallet is a combination of Cold Storage and Hot Storage. Although it is connected to the PC and the Internet for use, the private key always remains stored offline on the hard wallet.

There are different types of Hard Wallets e.g. LedgerNano S, which we can recommend from personal experience. There are alsoTrezor, KeepKey and others.

They are small devices that are connected to a PC to store the Private Key or several Private Keys on it. They are only connected during use to the PC that has an Internet connection. Otherwise they are offline, the PC never accesses the Private Key, which makes them very secure.

It is definitely worth buying a Hard Wallet, but you should make sure to choose a reputable manufacturer to ensure security. There are enough scammers who pass fake hard wallets off as real ones.

Important: The Private Key must never be given to third parties and must not get lost! The loss of the Private Key means the complete loss of the coins!

To be on the safe side, a large fortune of coins should always be divided between several Private Keys.

Conclusion: The simplest and most common variant is certainly the Soft Wallet. If a reputable wallet software is used, the virus protection is always up-to-date and you always have an eye on it, this is definitely recommended. If higher amounts are involved, or if transactions are rarely carried out, the Paper Wallet is advisable. With the Hard Wallet, constant inputs and outputs are possible, it is in principle recommended for every krypton user.

Previous articles:

Pantercon informs – Gold, Money,Crypto, Bitcoin, Gold-2.0

The Pantercon Crypto times table – Part 1: What is Money?

Startup Pantercon:
Wir schaffen eine Plattform, auf der es den Start-up Gründern mit innovativen, zukunftsorientierten Ideen erleichtert wird, Kapital zu erlangen, ohne sich der Bank, Crowdfundingplattformen oder dem immensen Aufwand eines ICO`s stellen zu müssen.

Contact
Pantercon
Manuel Sparer
Walchseestrasse 8
6342 Niederndorf/Tirol
Phone: +43 664 2605700
E-Mail: info@pantercon.com
Url: https://pantercon.com

Business Economy Finances

Plunet keeps growing: New faces at all three sites in 2018

Plunet keeps growing: New faces at all three sites in 2018

Plunet continued to expand in 2018 with a total of seven new team members in Germany and the USA. The leading provider of business and translation management software has reacted to a growing customer base with new hires in the implementation, product management, quality management, back-end development, and support departments.

Three reinforcements in the implementation team

The implementation team has gained three new members, who will be responsible for online and on-site training sessions for international customers. Whether a language department, a translation agency or a partner university of the Plunet Academy – with Kleio Mavridou, Sofia Lindblad (both in Berlin) and Sonia Gamboa (in the USA) ready to communicate the essential Plunet know-how, the wide spectrum of Plunet customers can be expanded even more quickly.

Increased quality management in Berlin

The experienced software tester Robert Lenz has joined the quality management team in Berlin as a QA automation engineer. He is responsible for process optimization in the software development and enhanced automation in quality assurance.

Two new specialists in Würzburg

The back-end and support teams at Plunet’s office in Würzburg each gained a new member in 2018.

Simon Heider is focusing on the implementation of improvements in Plunet BusinessManager and software maintenance in the back-end development. He is also responsible for integrating external data services into the system.

As part of the support team, Andreas Schepp is a direct point of contact for Plunet customers and will assist them when they have any user questions or problems.

New product owner for Plunet BusinessManager & Plunet API

Florian Ilgenfritz, the newest member of the Plunet team, will be responsible for deciding which system integrations will be implemented and when. As an additional product owner for the Plunet solution and Plunet API, he will take over the planning and prioritization of new features and boost the product management team with his technical expertise and management experience.

2019: Focus on quality management

With seven new employees, Plunet is focusing on enhancing quality management. The new recruits in all departments will make an important contribution to the upcoming Plunet 7.4 software release and increase the efficiency of processing customer requests and queries.

About Plunet

With offices in Würzburg, Berlin and New York, Plunet GmbH develops and markets the business and translation management software Plunet BusinessManager, the leading management solution for the translation and localization industry.

With Plunet BusinessManager you can manage your entire workflow in a single solution, from client requests to quote, order, job and invoice management to reporting. Extensions for interpretation and quality management as well as integrations with CAT and financial accounting tools will further improve efficiency and automation in your work. Within a configurable system, various functions and extensions of Plunet BusinessManager can be adapted to individual needs.

Die Plunet GmbH – mit Niederlassungen in Würzburg, Berlin und New York – entwickelt und vertreibt das Business- und Übersetzungsmanagement-System Plunet BusinessManager, die weltweit führende Managementlösung für die Übersetzungs- und Lokalisierungsbranche.
Plunet BusinessManager bietet von der Kundenanfrage über das Angebots-, Auftrags-, Job- und Rechnungsmanagement bis hin zum Reporting alles in einer Lösung.
Erweiterungen für Dolmetschprojekte und für das Qualitätsmanagement sowie Integrationen mit CAT- und Finanzbuchhaltungstools sorgen zusätzlich für eine gesteigerte Automatisierung und Effizienz der Arbeitsabläufe. Mithilfe des konfigurierbaren Systems ist zudem die Anpassung von Funktionen und Erweiterungen an individuelle Bedürfnisse möglich. Die webbasierte Plattform eignet sich vor allem für Übersetzungsagenturen und Sprachdienstleister.

Contact
Plunet GmbH
Awazeh Khoshnam
Dresdner Straße 15
10999 Berlin
Phone: +49 (0)30 322971340
E-Mail: katharina.moormann@plunet.com
Url: http://www.plunet.com

Business Economy Finances

Work environment

Work environment is directly linked to health

There are many reasons why it is necessary to feel good where you work. Your job has many effects on your health, both mental and physical health, states Ms. de Soet, CEO of De Soet Consulting in Zug, Switzerland. Often these two go hand in hand, as body and mind are always linked.

Like work ethics have changed over the past decades, offices have changed as well. From open plan offices to offices for one up to two people, depending on your position or preferences. But not only the size has altered, the equipment has as well. Nowadays it is very important to always be up to date. This means an office must be flexible and easy to adapt to certain situations, just like the employees, says Rieta de Soet.

Working at a Business Center allows you to act fast if your circumstances change and you need to expand or reduce your office space. Furthermore the De Soet Consulting Business Center have employees who can assist all of the companies at the Business Centers with their professional expertise.

Also the offices welcome to work in a friendly environment. All of the De Soet Consulting Business Centers have large windows, which really lightens up the offices. Another important aspect are the furniture and technical infrastructure, which are always up to date. „At De Soet Consulting our customers and their well-being has top priority“, states Ms. de Soet.

De Soet Consulting ist eine Beratungsgesellschaft mit einem Team von Betriebswirten, Steuerberatern, Marketing- und Unternehmensberatern, die über eine 20-jährige Beratungserfahrung verfügen. De Soet Consulting betreut weltweit in Amerika, Asien und Europa Kunden, die ihren bisherigen Standort verlagern oder eine neue Firma gründen wollen. De Soet Consulting bietet Komplettlösungen für Unternehmen an, die ihren Standort verlegen oder einen neuen Standort gründen wollen.

Contact
De Soet Consulting
Rieta Vanessa
Gubelstrasse 12
6300 Zug
Phone: 0041 41 560 36 00
E-Mail: pr@news-channel.ch
Url: http://www.desoet.ch

Business Economy Finances

Pantercon informs – money, crypto currency (Bitcoin) financial market of the future?

Crypto money – the new gold? Or even the new freedom …

Pantercon informs - money, crypto currency (Bitcoin) financial market of the future?

(Source: CC0)

The Pantercon Crypto One-Time One – Part 2: What is a crypto currency like Bitcoin?

Real currencies, as explained in the last article, are used by everyone, but they are centrally controlled from a location that doesn“t necessarily bring benefits. The crypto currency, on the other hand, is a product of the blockchain and completely decentralized, because nobody has control over it and everyone can use it anywhere and at any time.

The Bitcoin was developed in 2008 by Satoshi Nakamoto. You don“t know who or what it is, so Bitcoin can never disappear or be banned because there is no company. The Internet should be banned. It is believed that it was developed to counter the banking crisis. The people had lost confidence in the banks and the financial sector, with the Bitcoin a decentralized currency was created, which should solve all these doubts and problems.

The price of crypto currencies is not set from one place, but is based solely on supply and demand.

How many coins does a crypto currency have?

For most crypto currencies, the maximum number of coins that can be issued is determined by a cryptographic algorithm at the time the coin is created and cannot be changed. This makes the coins secure and rare – it is a good „store of value“.

In contrast to conventional Fiat money, crypto currencies are not inflationary, but deflationary currencies. This means that there is not more money in circulation than there is, as with Fiat money, but less. This is because people lose their private keys and the coins stored on these accounts can no longer be used.

Crypto currencies are a „simple unit of account“, they are easy to divide. The smallest unit of e.g. Bitcoin is 1 Satoshi, which is 1 millionth Bitcoin.

The transaction of crypto currencies costs practically nothing and is done in seconds. This makes it a perfect „means of transport“.

Double Spending? What is it?

The problem of „Double Spending“, i.e. using the coins twice, is caused by the decentralization. Digital goods can easily be copied like photos, MP3s or even films. These copies are identical and free of charge.

In conventional, centralized financial systems, this is managed and controlled by a third party, this party is missing in decentralized systems.

This raises the question whether coins are not also easy to copy, like these goods? The answer is simple: no!

In the crypto currency systems the double-spending problem is solved by Formation of a decentralized and counterfeit-proof blockchain and its consensus solved (more on this in another article). The blockchain is an unchangeable transaction history of a decentralized community.

Where are crypto currencies stored?

Crypto currencies are stored directly on the blockchain. There is a difference between tokens and coins.

A token is a crypto currency that does not have its own blockchain, but is based on a foreign blockchain. For example, you can generate ERC-20 tokens via the blockchain Ethereum and give them any name you like, e.g. PANX.

Coins, on the other hand, are generated via the own blockchain. Bitcoin – bitcoin, Ethereum – Ether, just to name the best known.

Account formation plays an important role in the development of a financial system.

An account on a blockchain is usually created via a so-called „wallet“, a repository for digital currencies. Such accounts are not linked to the name and data of the account holder, but consist only of a „private key“ and a „public address“.

The Private Key is the personal, private key with which you can log into your account. It is a random number between 1 and 2² which is a 78-digit number. There are just as many variations of keys.

So you can imagine it better: It is estimated that the earth has a 51-digit number of atoms. An unimaginable number.

So there are almost infinitely many private keys that can be used.

If such a wallet is stored on the mobile phone and the phone is lost, the wallet is still there. As long as the private key is present, it can be restored anytime and anywhere.

The Private Key must not be passed on and must be kept in a safe place. If it is lost, the account cannot be restored and all crypto currencies on it are lost forever. If it is passed on to third parties, they can freely dispose of that account, it is as if the signatory number and the password of the online banking, including TAN numbers, were passed on.

Steal or hack coins?

In the media you often read that someone has had their coins stolen, this is only possible if the private key was either given away or not kept well enough and could be stolen. Hacking such an account or blockchain is not possible.

It is important to understand what the press means by blockchain hack, because they convey it wrongly, either out of ignorance or intention.

To transfer tokens/coins to customers, the stock exchange requires the private key, which they store in encrypted form. Since the control of the private key now lies with the exchange and not with the customer, it is always risky to leave large sums on Exchangers. Because if a brute force attack should take place, it can be that exactly your private key is among the stolen ones.

If one speaks of hacked, a hacker has succeeded in decrypting the private keys of customers by brute force attacks on a stock exchange and thus gaining control over their tokens/coins.

The public address is an alphanumeric code and is derived from the private key and generated automatically. It usually consists of 34 digits and numbers and is equivalent to the IBAN of your account. You can tell this key to people who should transfer coins to you. The other person only has to scan the code to your address or enter the code and you can transfer coins in any number. It is impossible to guess the private key by the public address.

Conclusion: Crypto currencies are absolutely forgery-proof and decentralized currencies, provided the account holder pays attention to his private key!

More articles:

The Pantercon Crypto One-Time One – Part 1: What is Money?

Startup Pantercon:
Wir schaffen eine Plattform, auf der es den Start-up Gründern mit innovativen, zukunftsorientierten Ideen erleichtert wird, Kapital zu erlangen, ohne sich der Bank, Crowdfundingplattformen oder dem immensen Aufwand eines ICO`s stellen zu müssen.

Contact
Pantercon
Manuel Sparer
Walchseestrasse 8
6342 Niederndorf/Tirol
Phone: +43 664 2605700
E-Mail: info@pantercon.com
Url: https://pantercon.com

Business Economy Finances

Pantercon informs – Gold, Money, Crypto, Bitcoin, Gold-2.0

Why money is less safe than you think

Pantercon informs - Gold, Money, Crypto, Bitcoin, Gold-2.0

(Source: CC0)

The Pantercon Crypto times table – Part 1: What is Money?

Money is the primary means of payment today, but its value is not the same as it used to be. In order to understand the background exactly, we start at the very beginning – with gold.

How does gold work as money?

In the Stone Age, money in kind, commodity money and utility money such as animals, rare stones, shells, fruits, spices and much more were used as means of payment. But they were often difficult to handle, because every single thing had a different value. Not even 2 cows necessarily had the same value – one gave more milk than another.

In order to simplify the barter transactions, the people used starting from approx. 1000 before Christ, primarily gold, so-called coin money as means of payment. Around 500 B.C. King Croesus had the first coins minted. It had certain advantages over all other goods and fulfilled the criteria to be officially recognized as currency or means of payment.

-Gold is rare and cannot be reproduced, changed or died. Therefore it is a good store of value.
-It is transportable – compared to animals it is a good means of transport, because it is small.
-Simple unit of account – 1 ounce of gold always has the same value as another ounce of gold, there were no differences

Gold had no intrinsic value such as animals or rice, which one could eat, or fabrics from which clothes could be sewn. Gold was „only“ gold and served „only“ as a means of payment. For example, a gold chain could be made from it, but it was still gold. Trust in gold was the only value and since everyone used and accepted it, the value and trust increased. Trust is the most important factor for a means of payment.

Gold was a decentralized means of payment. That is, there was not one place that spent gold, but anyone could get it out of the ground and use it. Everyone and yet nobody had control over it.

But gold also has its disadvantages:

-It is rare, but counterfeiters added copper to increase the quantity.
-It is small, but heavy and therefore the transport is not always comfortable.
-It is difficult to share, e.g. in shops. You couldn’t just cut off a piece of the ounce

From gold to money

Around 1500 A.D. people found a seemingly perfect solution. Promissory notes. The bank issued a promissory note for the value of the gold deposit. This reflected the exact value of the inlaid gold and was thus covered in gold. This is also called the gold standard, which applied from 1870. Gold standard means that the bank was obliged to redeem the promissory notes.

Thus paper money was born and had some advantages:

-Since it was tied to gold, it was just as rare as gold, so it had the same value. Due to the elaborate design of the promissory notes, they could not be forged. It was therefore a good store of value.
-The paper money is small and light and therefore easy to transport, so it is also a good transport medium.
-It is easy to divide, as there are different size units, so a good unit of account is a good one.

By making it used by all people, everyone had confidence in it. If you had brought it to the bank, you would have easily recovered the gold you had put in before.

What’s Fiat money?

Paper money was the perfect means of payment until the central banks made a big mistake in the 1944s. They considered the gold standard, which had already been suspended during the First World War, unimportant, because nobody intended to exchange the paper money back into gold and slowly abolished it.

From 1944 to 1971, only the dollar was tied to gold. Gold cover in the dollar was replaced by unofficial oil cover after a massive crisis in the 1970s. Thus, King Dollar could keep the trust of the people but the gold standard and thus the real value was no longer available.

They began to print more money than the equivalent in gold was available and they continue to do so. It’s like taking a banknote at home and copying it. That is forbidden for you, but the central banks are allowed to do it, and they alone are allowed to do it! It is only possible for the central banks and allowed to produce the money, so it is central.

Digital with electronic money it is even easier to increase money. It can be multiplied quite simply, that is how it is usually done – it is created out of nothing.

By this money multiplication the value of the money sinks approx. 4-5% per year – this is called inflation. If one calculates the value of a 100EUR bill at the beginning of the Euro issue and now 16 years later, then it is clear that a 100EUR bill is far from worth 100EUR anymore, but not even half. In principle a banknote is not worth more than a piece of paper. Thus, it has lost the criterion for a good store of value.

The fact that it is centrally controlled by one body, namely the central bank, has disadvantages:

-It has full command.
-The bank can determine when money can be withdrawn
-She can also determine how much money you can withdraw.
-It determines who can have an account
-The bank can simply freeze an account, you don’t get a cent more! E.g. Greece or Cyprus and also with us such a scenario would be theoretically possible overnight.

Just like gold, money has no inherent value, the value is based purely on trust. But since everyone around the world accepts today’s money, trust is assured.

If every person would go to the bank at the same time and claim the saved money, there would be a massive problem. It is not available! It exists mostly only digitally and also in gold it could not be paid out, because the value is not covered for a long time any more. Nowadays money has absolutely nothing more to do with gold and is therefore called Fiat money.

It is to be hoped that this scenario does not arrive, because if it did, the financial world would collapse on the spot and chaos would break out.

If the cash were to be abolished, as the plan has already been expressed several times, the central banks would have control over everything and everyone. For some reason, the central bank could restrict the use of each individual, you would be completely destitute, from one moment to the next.

The question then arises: is trust in today’s money or in central banks really justified?

Crypto currencies, the new #Goldstandard2000

In 2008, a new form of currency was developed, the crypto currency. No matter if you use Bitcoin, Ether or any other digital crypto currency, they all run through a blockchain and are decentralized.

Strictly speaking, crypto currencies are like gold, only in new, digital technology. The volatility exists only for the reason, because crypto currencies are traded and are subject to fluctuations in the purchase and sale.

If, for example, Bitcoin were the new currency that everyone uses, then it would no longer be traded and it would become stable. Also the confidence in it grows. It is the simple explanation of supply and demand: if a lot is sold, the supply increases – the value decreases. If a lot is bought, the supply falls – the value rises.

The advantages of crypto currencies are obvious:

-They are completely open to anyone, anyone can use them, there is no place that would or could forbid it.
-24/7 access (24 hours a day, 7 days a week)
-Visible for everyone
-Not hackable, since no central party has access or can change anything at will
-It is not manipulable and cannot fall victim to thieves. because it is stored decentrally on many PCs at the same time.
-Not reproducible with a fixed coin offer – no inflation

Many banks and financial experts still like to talk badly about crypto currencies at the moment. But if you look at fiat money – today’s money and crypto currencies exactly, then the regular currencies have their certain and specific shortcomings that the money economy is aware of.

The only drawback of crypto currencies is their volatility (the extent to which prices, stocks, currencies, interest rates or even entire markets fluctuate within a short period of time), which is itself offset by the annual 4-5% depreciation of regular currencies.

Pantercon – Informationsservice
Walchseestrasse 8,
6342 Niederndorf/ Tirol / Österreich

#pantercon #goldstandard21 #goldstandard2000 #hydracc #gold2.0 #zaronews

Startup Pantercon:
Wir schaffen eine Plattform, auf der es den Start-up Gründern mit innovativen, zukunftsorientierten Ideen erleichtert wird, Kapital zu erlangen, ohne sich der Bank, Crowdfundingplattformen oder dem immensen Aufwand eines ICO`s stellen zu müssen.

Contact
Pantercon
Manuel Sparer
Walchseestrasse 8
6342 Niederndorf/Tirol
Phone: +43 664 2605700
E-Mail: info@pantercon.com
Url: https://pantercon.com

Business Economy Finances

VAG-Group on growth course with new owner

With its new owner – AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8) – the VAG-Group, a manufacturer of water and wastewater valves headquartered in Mannheim / Germany, sets the course for future growth.
AURELIUS is a stock-traded investor with business activities all over Europe. The group currently comprises 24 companies and generates an annual turnover of more than EUR 3.5 bn. AURELIUS“ business activities mainly focus on companies with development potential and Mid-Market transactions. „VAG is an exciting company in which we see a lot of potential for the future,“ says Gert Purkert, Member of the Executive Board of AURELIUS Equity Opportunities. „With our in-depth expert knowledge in management and operations, we would like to make use of VAG“s excellent opportunities specifically for strengthening and further developing the company in the market.“
As a subsidiary of AURELIUS Equity Opportunities, the VAG-Group will benefit from future-oriented strategies and experience to increase its success in the market and as regards the company“s competitors. By its acquisition of the VAG-Group from the American Rexnord Group, AURELIUS supports the Mannheim-based company specifically in order to benefit from opportunities and make use of these opportunities to the satisfaction of VAG“s employees, customers, suppliers and shareholders.
Together with AURELIUS and our expertise gained in over 145 years, we take up any challenges relating to the subject of water. We keep developing our position as a leading supplier of valves for the water and wastewater industry, for dams and the energy sector – around the globe. In addition to this, we can imagine further acquisitions in the future with the support of AURELIUS.

VAG – the market leader for more than 145 years
The VAG-Group is known and valued world-wide for its cutting-edge know-how in product development and spreads the quality label „Engineering made in Germany“ all over the world. For over 145 years, the modern company with a long tradition has been present wherever water is treated, stored and distributed and has six production locations in Germany, Czech Republic, China, India, South Africa and the USA as well as 14 sales offices at its disposal. VAG“s quality products and services are sold in more than 100 countries through the Group“s own sales organisation as well as numerous agencies and distribution partners world-wide. In financial year 2017/18, the Mannheim-based company generated a turnover of almost EUR 200 million with about 1,200 employees. As a provider of solutions and systems, VAG sets new standards in water and wastewater technology – comprising both the company“s international project business with customised solutions and the manufacture and sales of standard valves.

Founded in 1872 as a factory specialising in the manufacture of pumps and heavy-duty valves, the Mannheim-based VAG-Group presents itself today as a globally active valve expert for water and wastewater management. With innovative standards, VAG positions itself as a supplier of premium-quality standard valves and as a solution provider for individual customer requirements.
A long service life, durability and functionality are the outstanding quality features of VAG valves. Their applications include water treatment plants, drinking water supply networks, dams, hydropower plants and wastewater systems.

Company-Contact
VAG GmbH
Jeannette Charpentier
Carl-Reuther-Str. 1
68305 Mannheim
Phone: 0621-7491681
Fax: 0621-7491338
E-Mail: C.Rist@vag-group.com
Url: http://www.vag-group.com

Press
VAG GmbH
Jeannette Charpentier
Carl-Reuther-Str. 1
68305 Mannheim
Phone: 0621-7491681
Fax: 0621-7491338
E-Mail: J.Charpentier@vag-group.com
Url: http://www.vag-group.com

Business Economy Finances

First Flight in Winterthur: ISG’s latest vertical wind tunnel with new features will open in December 2018

First Flight in Winterthur: ISG

Gladbeck, November 19th 2018. The Indoor Skydiving Germany Group (ISG) operated the first flight in Winterthur and is on schedule for the opening of the first Indoor Skydiving facility in the German-speaking part of Switzerland in December.

After the installation of the new Indoor Skydiving wind tunnel „Windwerk“ and a successful first flight on November 14th, the German manufacturer of high performance freefall simulators ISG is satisfied with the progress and will deliver according to plan for the opening on December 8th 2018. „We are very pleased to deliver this high-quality wind tunnel with brand new features to Windwerk. Everyone who is involved in this project is working with a potent combination of passion and know-how to bring Indoor Skydiving with the latest technology of ISG in 2018 to Switzerland“ said Managing Director Boris Nebe.

This new wind tunnel features a round flightchamber with 5m glass height and a flipped wire mesh support for noise reduction. The area around Winterthur will be enriched by a new attraction of entertainment for beginners as well as for experienced flyers. The three founders of „Windwerk“, Andri Steinmann, Tobias Oertle and Reto Welti are looking forward to the forthcoming opening: „We want to create a meeting place for families, first-time flyers and corporate clients as well as experienced indoor skydivers and parachutists“, said Steinmann. Tickets and vouchers for „Windwerk“ are already available via www.windwerk.ch

The wind tunnel technology of ISG-Group was developed in cooperation with the aerospace department of the Technical University of Berlin and other aeronautical engineering companies and is internationally recognized for its energy efficiency, safety and airflow quality. The first reference facility opened in 2009 in Bottrop, Germany (Indoor Skydiving Bottrop GmbH – www.indoor-skydiving.com). Since then ISG-Group has built and started multiple wind tunnel facilities for customers, many additional projects are in construction or planning phase.

About ISG-Group:
Driven by mankind“s dream of flight, ISG-Group delivers and builds vertical wind tunnels for freefall simulation for the sport of indoor skydiving and the entertainment market. The high performance facilities of ISG-Group are used also as professional training facilities for skydivers and military freefall units. In addition to that they also deliver a new experience to the entertainment market. The founders of this company developed in the recent years the most advanced and most silent vertical wind tunnel technology. It is internationally recognized for its energy efficiency, design, safety and airflow quality. Managing Director is Boris Nebe, the headquarter is in Gladbeck, Germany. Information under www.isg-group.de

Contact
Indoor Skydiving Germany Group
Anke Culemann
Am Wiesenbusch 2
45966 Gladbeck
Phone: +49 (0) 2043 944 240
Fax: +49 (0) 2043 944 243
E-Mail: info@isg-group.de
Url: http://www.isg-group.de

Business Economy Finances

Franchising is a way to success

Get your own business by running a Franchise

Franchising has gained on popularity the past couple of decades. No matter where you look, you realize you are very often dealing with a Franchise, for many reasons. Franchising has come a long way and is highly recognized now, considering that a lot of companies became successful because they were part of a big franchise system. When people think about franchising they usually think about restaurants or clothing brands, but there are more possibilities.

GMC AG, for example, offers their Business Center concept as a franchise system. It is a popular system which is based on a great business concept. Rieta de Soet, CEO of Global Management Consultants AG says, franchising opens up a lot of opportunities.

Business Center offer completeley equipped offices and conference rooms, that can be rented for a few days, weeks or even months and years. Business Center are perfect for franchising, because there is a great demand in renting shortterm-offices, rather than committing to one permanent office. And people like to move to different places and then know they can get the same quality and service like what they are already used to, says Rieta de Soet.

There are a lot of benefits coming from franchising. Franchising is perfect for people who want to pursuit their dream of having their own company. However franchising can minimize the risk of financial bankruptcy, because the new owner gets to work with a proven system, claims Rieta de Soet, CEO of Global Management Consultants AG.

Über GMC AG

GMC AG mit Hauptsitz in Zug/Schweiz, ist mit zahlreichen Business Centern international in Amerika, Australien, Asien und Europa vertreten. In seinen Business Centern stehen Betriebswirte, Steuerberater, Marketing- und Unternehmensberater den Kunden zur Verfügung, die seit über 20 Jahren in den Bereichen Business Center, Firmengründung und Managementberatung tätig sind.

Contact
GMC Global Management Consultants AG
Rieta Vanessa
Gubelstrasse 12
6300 Zug
Phone: 0041 41 560 77 00
E-Mail: pr@news-channel.ch
Url: http://www.gmc-consultants.ch

Business Economy Finances

Indoor Skydiving Germany Group successfully files for utility model invalidation against iFly / Skyventure Group

Gladbeck, November 14, 2018 – Indoor Skydiving Germany Group (ISG) achieved another major breakthrough in its patent litigation against iFly/Skyventure Group (Skyventure) at the German Patent and Trademark Office (DPMA) which ruled that the utility model DE 20 2005 021 913 U1 of Skyventure International (UK) Ltd. is fully invalid. The decision of the DPMA may be appealed by Skyventure.

The ruling of the DPMA effectively blocks the latest attempt by Skyventure to obtain a court judgement on the basis of the already in August 2015 expired and unexamined utility model DE 20 2005 021 913. The DPMA has declared the utility model DE 20 2005 021 913 fully ineffective from its original date onwards. The DPMA ruled that the claims of the utility model were ineligible for protection. Also, the DPMA rejected two auxiliary claim sets which Skyventure newly presented during the oral proceedings held on October 2, 2018 in a failed attempt to uphold a limited version of the utility model.

The DPMA ruled Skyventure to carry the costs of the proceedings.

„We never doubted the expertise of the DPMA and we are pleased that it has once again been established that the legal attacks by iFLY are without basis,“ says Boris Nebe, the managing director of ISG.

Inspired by humanity“s timeless dream of flight, the Indoor Skydiving Germany Group develops and builds vertical wind tunnels to simulate free-fall for indoor skydiving sports and the entertainment market. Their high-performance facilities are also used by parachute athletes and military units for professional training. Over the past few years, the founders of ISG have perfected one of the most sophisticated and low-noise vertical wind tunnel technologies available today. Boris Nebe is the current managing director of the Indoor Skydiving Germany Group, which is based in Gladbeck, North Rhine-Westphalia. More information at www.isg-group.de

Contact
Indoor Skydiving Germany Group
Anke Culemann
Am Wiesenbusch 2
45966 Gladbeck
Phone: +49 (0) 2043 944 240
Fax: +49 (0) 2043 944 243
E-Mail: info@isg-group.de
Url: http://www.isg-group.de