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Nesco Holdings, Inc. to Become Custom Truck One Source, Inc., Change Ticker Symbol to CTOS

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FORT WAYNE, Ind., March 19, 2021 /PRNewswire/ — Nesco Holdings, Inc. (NYSE: NSCO) (“Nesco” or the “Company”) announced today that, in anticipation of the previously announced proposed acquisition by Nesco’s wholly owned subsidiary, Nesco Holdings II, Inc., of 100% of the limited partnership interests of Custom Truck One Source, L.P. (the “Target”) and 100% of the limited liability company interests of the Target’s general partner (the “Acquisition”), Nesco will change its name to Custom Truck One Source, Inc. Nesco will also change the NYSE ticker symbol of its common stock from “NSCO” to “CTOS” and the ticker symbol of its redeemable warrants from “NSCO.WS” to “CTOS.WS” immediately upon the closing of the Acquisition.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. When used in press release, the words “anticipates,” “will,” “expects,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s management’s control, that could cause actual results or outcomes to differ materially from those discussed in this press release. Important factors, among others, that may affect actual results or outcomes include: the impact of the COVID-19 pandemic on the Company’s business and operations as well as the overall economy; the Company’s ability to complete the Acquisition and the related private placement of notes; and general economic and market conditions impacting demand for the Company’s services. For a more complete description of these and other possible risks and uncertainties, please refer to the Company’s Annual Report on Form 10-K for the year ended December 31, 2020, filed with the Securities and Exchange Commission on March 9, 2021, as updated by the Company’s subsequent quarterly reports on Form 10-Q.

INVESTOR CONTACT

Josh Boone, Chief Financial Officer
800.252.0043
[email protected]

SOURCE Nesco Holdings, Inc.

Related Links

https://nescospecialty.com/

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Source: https://www.prnewswire.com:443/news-releases/nesco-holdings-inc-to-become-custom-truck-one-source-inc-change-ticker-symbol-to-ctos-301251305.html

Blockchain

Blockchain-based renewable energy marketplaces gain traction in 2021

Blockchain projects focused on optimizing the energy sector are gaining traction as greater emphasis is placed on conservation and efficiency.

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Concerns about energy production, resource consumption and its impact on the environment are one of the dominant topics of debate on the global stage. The intensive energy costs of mining Bitcoin and other proof-of-work cryptocurrencies are also frequently pointed to as a serious downside to the emerging asset class. 

While environmental concerns and the cost to reward debate rages on, there is one group of cryptocurrency projects that has the goal of bringing blockchain technology to the global energy grids as a way to encourage renewable energy generation through a flexible marketplace that connects energy buyers and sellers.

EWT/USDT vs. POWR/USD vs. WPR/USD 1-day chart. Source: TradingView

Three energy-focused projects that have seen triple-digit gains since the beginning of 2021 are Energy Web Token (EWT), Power Ledger (POWR) and WePower (WPR).

EWT/USDT

Energy Web Token (EWT) is the operational token for the Energy Web Chain, an open-source enterprise blockchain designed to support and further application development for the energy sector.

According to the project’s website, the “Energy Web is accelerating a low-carbon, customer-centric electricity system by unleashing the potential of open-source, decentralized, digital technologies.”

The project launched in June of 2019 and has since grown to an extensive network of partners with some globally recognized companies including Volkswagen, Siemens and Hitachi.

Once fully developed and integrated, its virtual machine could help connect the different areas of the energy sector including grid operators, software developers and vendors.

One of the biggest price movers for EWT in 2021 came at the beginning of March when the token was listed on the U.S.-based Kraken cryptocurrency exchange.

EWT/USDT 4-hour chart. Source: TradingView

The subsequent announcement of a partnership with Volkswagon on March 4 and the release of the EasyBat battery compliance app on March 16 further helped provide a boost to the token which went on to establish a new all-time high of $19.85 on March 18.

POWR/USD

The Power Ledger platform was established in May 2016 with the goal of creating an operating system for new energy markets that is capable of trading renewable energy and environmental commodities on a local and global scale.

Based out of Australia, the project aims to utilize blockchain technology to create a system where every electrical resource or power device has a digital identity that is connected to a real-time market that facilitates the transactions between them.

POWR operates on the Ethereum (ETH) network as a peer-to-peer energy exchange platform and it utilizes a two-token system comprised of POWR and Sparkz to “ensure consistency across Power Ledger’s platform,” according to the project’s website.

Sparkz are stable tokens that are used when units of electricity (kWh) are bought and sold on Power Ledger’s platform.

Trading activity for POWR began to pick up at the end of January as discussions about renewable energy began to gain traction in the media.

POWR/USD 4-hour chart. Source: TradingView

The March 3 announcement of Power Ledger’s partnership with India’s largest integrated power company Tata Power-DDL kicked off a price rally which resulted in POWR rallying to $0.504, its highest level since 2018.

WPR/USD

WePower is a blockchain-based green energy trading platform that connects “energy suppliers, corporate buyers and energy producers for easy, direct green energy transactions.”

According to the project’s website, the WePower platform is “the easiest way for companies of any size to buy green energy directly from local producers,” and the platform aims to make “corporate green energy procurement as easy as online shopping.”

WPR is an ERC-20 token that functions as a payment method on the WePower Network. It’s used to standardize and increase the available liquidity in the existing energy investment system and should also help to reduce prices for network participants.

Trading activity and token began to pick up at the beginning of February when the project handed over its “first fully-featured Elemental platform to Mojo Power.

WPR/USD 4-hour chart. Source: TradingView

Following the launch of the Elemental retail marketplace on Feb. 1, the price of WPR surged from a low of $0.011 to a high of $0.05 on March 24 as conversations concerning renewable energy and sustainability in Europe and Australia took place.

Increased global attention on climate and energy production-related issues suggests that this niche slice of the crypto sector is ripe for further gains.

Projects utilizing blockchain technology to optimize global energy marketplaces are well-positioned to increase their market share as distributed ledger technology goes mainstream.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

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Source: https://cointelegraph.com/news/blockchain-based-renewable-energy-marketplaces-gain-traction-in-2021

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Blockchain

A Beginner’s Guide: Hedera Hashgraph Vs. Blockchain

Hedera Hashgraph Vs. Blockchain

Wondering how Hedera Hashgraph differs from Blockchain technology? Well, you have landed on the right page. This article explains what Blockchain and Hedera Hashgrah is and how they differ.  Table of Contents  What is Blockchain Technology? What is Hedera Hashgraph? How It Differs From Blockchain? Concluding Lines What is Blockchain Technology? Before we move on … Read More

The post A Beginner’s Guide: Hedera Hashgraph Vs. Blockchain first appeared on Blockchain Consultants.

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Hedera Hashgraph Vs. Blockchain

Wondering how Hedera Hashgraph differs from Blockchain technology? Well, you have landed on the right page. This article explains what Blockchain and Hedera Hashgrah is and how they differ. 

Table of Contents 

  • What is Blockchain Technology?
  • What is Hedera Hashgraph?
  • How It Differs From Blockchain?
  • Concluding Lines

What is Blockchain Technology?

Before we move on to understand Hashgraph, we just need to get a glimpse of what Blockchain is all about and why it is so hyped? 

So, Blockchain is a peer-to-peer, decentralized distributed ledger technology that maintains the history of transactional data (records) without involving any third-party intermediaries. As the name suggests, in Blockchain, the key concept is the blocks where records are stored safely, and there is no way data can be changed or forged in any way. Its ability to offer complete transparency, immutability, privacy, and security makes it an exceptional technology, but it has some drawbacks too. One of the notable problems that the current Blockchain-based solution is the transfer speed associated with them. Like for instance, Ethereum Blockchain allows 15 transactions per second, whereas Bitcoin allows only 5 transactions per second. Moreover, sometimes, Blockchains can be slow and cumbersome, especially when the user number increases on the network. 

What is Hedera Hashgraph?

Hedera Hashgraph describes itself as the only public decentralized distributed ledger that utilizes the fast, fair, and secure hashgraph consensus mechanism. 

Just like Blockchain, Hashgraph is another DLT devised by Leemon Baird and licensed under the Swirlds Corporation. In fact, it is an improved version of distributed ledger technology that offers security and decentralization by utilizing hashing. Here it is important to note that Hedera is unique and capable of achieving the same result as the most ubiquitous public blockchains, but in terms of energy efficiency, stability and security, it is way better. 

The best part is that, unlike Blockchain, Hedera can process thousands of transactions per second, and thus it doesn’t suffer from the speed difficulty.

Hashgraph lacks a chain of blocks, and to improve its overall efficiency, Hashgraph uses two algorithms, such as Gossip about Gossip and Virtual Voting. 

How It Differs From Blockchain?

Bandwidth and Transaction Speed

Unlike a traditional Blockchain that utilizes Proof-of-work(PoW), which selects a single miner to choose the next block, Hashraph uses gossip-about-gossip and virtual voting as consensus mechanisms. By utilizing these consensus, the hashgraph comes to a consensus on the validity and the consensus timestamp of every transaction. And if the transaction is valid, the state of the ledger will be updated in order to include the transaction with 100% certainty. 

Hashgraph technology is known to provide almost near-perfect efficiency in terms of bandwidth usage and high transaction speed (because transactions can be processed in parallel) compared to the traditional Blockchain. 

Blockchain has a transaction speed of around 100 to 1000 based on protocol implementation like ethereum, hyperledger, etc., whereas Hedera can support 500,000 transactions per second.

Transaction Cost 

When it comes to transactional cost, Hedera Hashgraph outperforms compared to Blockchain. Hedera’s transaction fees are under 1 cent, whereas in Bitcoin, an average transaction fee keeps fluctuating and is around 14.84 (at the time of writing).

Due to its advantages over Blockchain, Blockchain Experts and technocrats believe that Hashgraph could be the next wave of blockchain technology, allowing developers to create apps with high speed, reliability, and security.

 High Computation Power and Electrical Supply

Another advantage of Hedera over Blockchain is that it does not need high computational power and high electrical supply, unlike Blockchain, where mining for the cryptocurrency is power-hungry, involving heavy computer calculations to verify transactions.

Hedera Hashgraph is Fairer 

Hedera proves to be fairer than Blockchain as miners can choose the order of transactions, can delay, or even stop from entering the block if required. But Hedera uses a consensus of timestamps, which prevents people from changing the transaction orders.

Are There Any Drawbacks?

Hashgraph is an innovative technology, but there are some drawbacks. The first and the foremost limitation is its acceptance as it has been deployed in a private and permission-based network and needs to be tested in a public network. Blockchain Experts believe that Hedera Hashgraph’s technology is fascinating, but it is exceptionally intriguing, whose effectiveness can only be realized until it is opened to the public and implemented on a non-permission-based network.

Concluding Lines 

This has brought us to the end of our discussion. Hope you have gained a clear understanding between the Hedera Hash graph and Blockchain technology. 

If the domain of Blockchain interests you, you can get enrolled in Blockchain Council and become a Certified Blockchain Expert. 

To get instant updates about Blockchain Technology and to learn more about online Blockchain Certifications, check out Blockchain Council

A Beginner’s Guide: Hedera Hashgraph Vs. Blockchain

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Draper Goren Holm adds Tezos startups to its $25M venture fund

The Los Angeles-based venture fund plans to incubate startups building on the Tezos blockchain.

The post Draper Goren Holm adds Tezos startups to its $25M venture fund first appeared on Blockchain Consultants.

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Blockchain venture studio Draper Gorem Holm has announced plans to incubate Tezos-based startups as part of its $25 million venture fund, highlighting its conviction in the smart contract platform.

The venture fund, called Fund 1, was launched in October 2020 as a way to incubate emerging blockchain companies. Fund 1 is set up as a traditional venture capital fund focusing on emerging fintech and blockchain startups.

The inclusion of Tezos-based projects into the fund is hardly surprising given the company’s growing support for the smart contract platform. Draper Goren Holm already backs Tezos Stable Technologies, the team behind the USDtez stablecoin. The company has also invested in Kalamint, a Tezos-based NFT marketplace.

Tim Draper, the company’s special limited partner, described Tezos as the “leading platform for smart contracts and low energy use” due to its reliance on proof-of-stake, or PoS, consensus.

Alon Goren, founding partner of Draper Goren Hold, said:

“We believe the differences in the Tezos blockchain, and how it is governed, are monumental to scaling blockchain verticals for the long-term.”

Tezos was one of the most promising smart contract platforms of late 2019 and early 2020 but has faded from the limelight amid the bull market. At $3.8 billion, XTZ is now ranked 32nd by market capitalization, according to CoinMarketCap.

Draper Goren Holm adds Tezos startups to its $25M venture fund

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Source: https://blockchainconsultants.io/draper-goren-holm-adds-tezos-startups-to-its-25m-venture-fund/?utm_source=rss&utm_medium=rss&utm_campaign=draper-goren-holm-adds-tezos-startups-to-its-25m-venture-fund

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Covid19

Enerkon Solar International (ENKS) Names New Board and Scientific Committee Members and Announces New FARA Filing in support of Commercial Aspirations

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New York, April 1, 2021 – OTC PR WIRE – Enerkon Solar International (OTC PINK: ENKS) Names New Board and Scientific Committee Members and Announces today New FARA Filing in support of Commercial Aspirations in North Africa and other Important Updates regarding the new SARS2-COVID 15 Second “Insta-Test”.

ENKS Chairman Mr. Ballout stated that since the company Nominated a New Scientific Committee and Board Members this week, the company issue the first name selections today which are:

  • Senator Roberto Lario Rodriguez (Ret.) – (El Salvador) Advisory Bord Member for South and Central America
  • Dr Ibrahim El Nattar – (Egypt) Advisory Board Member for Renewable Energy in Africa
  • Dr Mark Schutz – Bioscience – (MD 0- USA), Graphene and Passive Immunity and Medical Advisory Board member
  • Michael Vishmidt (Israel/Ukraine) – Scientific Advisory Board Member for New Technology and Research
  • Dr Vasily Muraveynik, (Ukraine) – New Biomedical Science Advisory Board Member
  • Isaac Ray (Cal. USA) Special Scientific Advisor for Industrial Emission Suppression Technology
  • Nural KARAVELİOĞLU – (Turkey) – Consulting Board Member for Renewable Energy, Hydrogen and Government Relations”
  • Omar Mabruk Ilhayam (UK) – Advisory Board Member on Commerce and Energy for North Africa (Libya – Egypt – Algeria – Morocco – Tunisia) supporting Solar – Hydrogen – Energy Industry new Technology Transfer / Commercialization

Mr. Ballout Commented: “Our Great New Scientific and Regional Advisory Board will enhance Shareholder Value through supporting growth and expansion of ENKS and its Diverse Holdings – CVs and other information will be posted on the company website this week as well as other information on new opportunities and expansion plans.”

ENKS is comprised of 6 (Since the Sale of East Africa Unit to AL Fada Equity Holdings Last week)  -Companies, including corporate wholly or majority owned divisions – Corporate information for each will be posted on the company website for ease of search as some shareholders or investors have mentioned it was difficult to locate some of the data online, causing the possibility for others posting wrong or misleading information online –  therefore the company shall post additional legal documents and status information on line for all to have access”

Mr. Ballout Stated: “The company is proud of its New commercial relationship with companies and government personalities in Libya and Today, we have added an additional Statement of Registration with the US DOJ FARA National Security Division Agency for our work with the new, UNSMIL backed Government of Libya – This in support of our Compliance requirements for disclosure and in furtherance of our commercial aspirations in North Africa, related to Renewable Solar Energy, Hydrogen and other Commercial Interaction with the Region and in pre opposition to any Fake news, state clearly that the company has NO signed contracts with the government yet while we are hopeful that we will in the near future either via commercial entities or PPP structures we have for North Africa”.

“A technical call remains scheduled, with the new ChNPP director regarding the Chernobyl Special Exclusion Zone technical points and contents of this call which will be video recorded will explain better to the general public what Solar,  Co-Generation is (the use of Solar Power (about 500 MW or less to Power Electric Steam Boilers which in turn are planned to supply the pressure needed to drive the 3 Turbine Electric generators on the ChNPP Site whereby each generator has a tolerance of nearly 1 Gigawatt – and further auxiliary power from the solar array will power a 50 and later a 100MW Electrolysis Driven Green Hydrogen Plant to supply buyers of Green Hydrogen. The company, has already received expression of interest letters from German, Green Hydrogen Buyers and we shall post these letter(s) on the company website in coming days as well.”

Additional Support for the Modernization of the Ukraine Metals industry, will entail plans for Titanium Production and mining modernization – and Carbon Anode Sourcing for their Aluminum Industry – including Graphite Electrodes for their  Steel Industry modernization plans in the future (a letter from the Vice Prime minister of Ukraine regarding our cooperation on the Titanium Industry has already been received by the company some weeks ago – expressing appreciation and explaining the many jobs and social benefits of such cooperation to future development in Ukraine.

ENKS will Name a New Auditor Next Week once the File is Opened and Started for our last two years and current year Audit – in addition it is noted that this Auditor shall be retained on a continuous basis for all quarterly and Annual Reports in support of compliance requirements upon our planned up listing – this information will be added to the OTC Disclosures Site Page under Professional Service Providers (Auditor).

NEWS: Regarding the SARS2-COVID 15 Second “Insta-Test” device already produced for clinical trials and approvals (Owned by Graphene Leaders Canada and Distributed by KrowdX who has co sales agreements with the Coviklear International Holdings (UK) Unit Purchased before last week.

Mr. Ballout Stated:“ Great strides have been made in the development of the project supporting the commercialization of the SARS2-COVID Graphene Nanotech Based – 15 second “Insta-Test” – this being owned by GLC Canada and Distributed by KrowdX of Montreal – We are pleased to update that Pre Orders are due in very soon from ENKS /Coviklear partners abroad for the benefit of Krowdx and GLC to fulfill upon and after FDA Approval which is expected very soon (within just weeks as clinical trials of the already produced pre-production device is near completion during the next 10 days or so. – The Market for this device to Governments world wide cannot be understated, as it is the fastest test so far in the world and uses a much superior testing system, which takes only 15 seconds maximum time and uses a novel nanotech graphene biosensor to accomplish the amazing feat so fast, with such accuracy, (estimated at more than 97+ Percent) – Covillear Parent company  – ENKS also is in final talks with DGI in New York, for Financial Support to guarantee order fulfillment – supply chain management and other administrative support where needed, if asked to help, by the Owners and Distributors – This being our expression of confidence, as while we have already spent $5 Million USD to purchase Coviklear in a Debt Equity Swap before last week we are ready to engage much greater amounts of capital from our third party financial resources to support Factoring Order Fulfillment – Purchase order finance and other tools that may support the commercialization world wide for this groundbreaking disruptive Technology. It is noted that this is NOT a PCR test, and it does NOT use Reagents, or any chemicals whatsoever, its is based on electrical impedance using Nano Tech Graphene substrate, to send analysis to the device output at a very fast and high rate of efficacy – being far superior to PCR and similar tests, including all other DNS/RNA Tests – The test is NON-Invasive and safe.”

GLC Medical Inc. – Insta Test Initial Version

GLC Medical Inc. – Insta Test Updated Version

Governments and related PPPs / NGOs and others have expressed serious and immediate interest in ordering this new device which is now a reality, minus only its EUA (Emergency Use Application Green light at the FDA/HC and WHO) and this includes the KrowdX proprietary SES and STS solution for Airports – Sea Ports, Land Borders and other access and entry points between cities states provinces and otherwise to regain control of the Pandemic and free the world´s population again.

These details will be released by the Distributor KrowdX /Covikear, as they mutually agree, in the coming days/Week(s).

“Needless to say, the market value for this new device and technology is absolutely enormous, subject only to the contingencies mentioned above and we are absolutely excited about it all.”

“Stay Tuned for more updates on all of these new developments during the coming days and week(s)”

Lastly:

The Company expect to name an Auditor as previously mentioned above, during late next week if all goes well, in the company cost and – time – to – completion negotiations, going on now.

“Loyal ENKS Shareholders, are the ‘ENKS ARMY’, and the company will always support their best interests working to enhance shareholder value and steady growth.”

The foregoing statements are forward looking statements, and as such, they may or may not reflect the results which could transpire in the future which should be negative or not transpire at all due to circumstances or other reasons and investors, shareholders, or others should not rely on these forward-looking statements to ascertain any value if any of ENKS or to make any investment decisions and to take note that this is not an offer to buy or sell securities or an endorsement of ENKS for investment purposes as all investment carry a risk of loss sometimes a total loss of your investment in Micro cap shares markets or any market and therefore such statements or plans should not be relied upon for any business decisions of any kind – Approval and permissions required by federal regulations may or may not be approved and if not approved may result in the loss of all value and all investments in products requiring such regulatory permissions to market and sell. These statements are made as forward-looking statements for educational purposes only in accordance with the rules and regulations which pertain to the same.

Enerkon Solar International Inc.

www.enerkoninternational.com

info@enerkoninternational.com

New HQ Address in New York at:

Enerkon Solar International Inc

477 Madison Avenue

New York, NY 10022 USA

Tel. +1 (877) 573-7797

Tel. +1 (718) 709-7889

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Source: https://otcprwire.com/enerkon-solar-international-enks-names-new-board-and-scientific-committee-members-and-announces-new-fara-filing-in-support-of-commercial-aspirations/

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