Press Release
1847 Holdings Faces Scrutiny Over $2.5 Million Disbursements After Polished.com Asset Seizure
Allegations of Financial Misconduct Surface as Payments Coincide with Bank of America’s Legal Action
NEW YORK, – A series of questionable financial transactions involving 1847 Holdings LLC (NYSE: EFSH) has raised serious concerns regarding potential financial misconduct. Just one day after Bank of America seized the assets of its former subsidiary, Polished.com (OTC: POLCQ), 1847 Holdings disbursed $2.5 million to four investor relations and advisory firms, raising speculation about whether the move was an attempt to shield funds from creditors.
On February 6, 2024, Polished.com received a Notice of Acceleration from Bank of America, demanding immediate repayment of outstanding debts due to non-payment of principal, interest, and fees. This action resulted in a default, providing the bank with legal grounds to freeze and seize the company’s assets.
On February 7 and 8, 2024, 1847 Holdings issued $2.5 million in prepayments to multiple consulting firms, despite facing severe financial distress. As the original parent company of Polished and with both entities operating under the same management firm, 1847 Partners, there was likely growing concern that creditors could extend their reach to 1847 Holdings’ bank accounts. Given the company’s history of financial mismanagement, mounting debt, and the suspicious timing of these transactions, shareholders are now questioning whether these payments were deliberately structured to shield funds from creditors rather than serve a legitimate business purpose.
Questionable Financial Transactions Raise Red Flags
The breakdown of the prepaid consulting agreements includes:
- $1.4 million to TraDigital Marketing Group for “investor relations, digital marketing, and advertising.”
- $400,000 to Alchemy Advisory LLC for “business and investor outreach.”
- $333,000 to Reef Digital LLC for “investor relations, IT support, and strategic advisory.”
- $365,000 to SeaPath Advisory LLC for “content marketing and strategic advisory.”
These payments were reportedly made to support investor relations and enhance stock value. However, shortly after these disbursements, 1847 Holdings executed three reverse stock splits—each erasing between 90% and 99.999% of shareholder value—raising serious doubts about the legitimacy and necessity of these transactions.
A Potential Attempt to Evade Legal and Financial Liabilities?
Given the timing of these payments, concerns are mounting that 1847 Holdings’ leadership—Ellery Roberts and Louis Bevilacqua—may have orchestrated the disbursements as a means of moving funds before further legal action could be taken. If these payments were not made in exchange for actual services, the transactions could be considered fraudulent conveyance, a deliberate effort to shield assets from creditors.
Additionally, if the funds were funneled back through cooperative third parties, this could potentially escalate into allegations of money laundering.
A Broader Pattern of Financial Mismanagement
While the $2.5 million payout is only a fraction of the larger financial concerns surrounding 1847 Holdings, the transactions follow a disturbing pattern of potential financial misconduct, including:
- The payments occurred immediately after Bank of America took legal action against Polished.com.
- The funds were disbursed to multiple firms rather than a single established service provider.
- Despite its financial distress, 1847 Holdings allocated millions to non-essential consulting agreements.
- Following these transactions, the company proceeded with three reverse stock splits that significantly reduced investor holdings.
For a company already under scrutiny for financial mismanagement, these transactions warrant immediate regulatory and legal investigation. If these payments were indeed an attempt to divert assets ahead of legal repercussions, it is imperative that authorities intervene swiftly to prevent further financial losses and protect shareholder interests.
Regulatory Action Needed
With a growing number of red flags surrounding these transactions, investors are calling on Regulators and enforcement to conduct an investigation into the activities of 1847 Holdings. Any attempts to manipulate financial records or evade legal obligations should be met with decisive action to ensure accountability and financial integrity in the marketplace.
For further information, please contact:
Matt Miller
Strategic Risk LLC
New York
NY
9143064771
United States
### Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected. Investors are encouraged to conduct their own due diligence before making financial decisions.
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Press Release
INVAMED Honored with “Medical Device Innovator of the Year 2025”
INVAMED Honored as “Medical Device Innovator of the Year 2025” by Global Health & Pharma for Pioneering AI-Driven Healthcare Solutions
manhattan, new york, United States, 6th Feb 2025, – INVAMED, a leader in cutting-edge medical device solutions, has been awarded “Medical Device Innovator of the Year 2025” by Global Health & Pharma (GHP). This prestigious accolade, conferred as part of GHP’s “Biotechnology & Lifesciences Awards,” underscores INVAMED’s dedication to advancing patient-centred technologies on a global scale. At the core of this exceptional achievement is the pioneering vision of Professor Rasit Dinc, Ph.D., whose extensive research in digital health, artificial intelligence, and integrative healthcare strategies has been instrumental in shaping the company’s award-winning innovations.
![INVAMED Honored with “Medical Device Innovator of the Year 2025”](https://pinionnewswire.com/wp-content/uploads/2025/02/Professor-Rasit-Dinc-1024x832.png)
“This recognition highlights our unwavering commitment to developing transformative, science-based medical devices. Guided by Professor Dinc’s expertise, INVAMED continues to redefine patient care through AI-driven solutions and holistic treatment methodologies.”
Professor Dinc: A Catalyst for Digital Health Innovation
Professor Dinc, a globally esteemed authority in health sciences, has devoted his career to bridging rigorous academic research with real-world clinical applications. Unlike the conventional MD pathway, Professor Dinc’s interdisciplinary background uniquely positions him to address the multifaceted challenges of modern healthcare.
Academic Expertise in Health Sciences
By focusing on digital health, AI-powered diagnostics, and advanced therapeutic techniques, Professor Dinc has forged new frontiers in data-driven, personalized patient care.
Publications in 120 Countries
His works—Machine Learning for Healthcare, Digital Health: The Impact of Technology, and Natural Health Sciences: A Comprehensive Guide—are referenced in more than 120 nations, serving as key resources for universities, research institutes, and clinicians globally.
Holistic Healthcare Approach
Professor Dinc’s commitment to integrating evidence-based natural health sciences with cutting-edge technology promotes a forward-thinking framework that emphasizes both treatment and preventive wellness.
“Healthcare innovation must be both scientifically robust and accessible to practitioners and patients worldwide. My mission is to unify technological breakthroughs with holistic care to better meet evolving global health needs.”— Professor Rasit Dinc, Ph.D.
Award-Winning Innovation: The Result of Rigorous R&D and Global Collaboration
INVAMED’s designation as “Medical Device Innovator of the Year 2025” underscores its dedication to transforming scientific discoveries into tangible healthcare advancements. Under the stewardship of Professor Rasit Dinc, Ph.D., the company has reached several significant milestones:
![INVAMED Honored with “Medical Device Innovator of the Year 2025”](https://pinionnewswire.com/wp-content/uploads/2025/02/2025-Biotechnology-Awards-Logo.png)
1. AI-Driven Medical Solutions
INVAMED’s advanced medical devices incorporate proprietary algorithms, improving diagnostic precision and clinical efficiency.
2. Smart Surgical Platforms
High-precision robotics and digitally integrated instruments are revolutionizing medical procedures in cardiovascular surgery, neurosurgery, orthopaedics, and beyond.
3. Global Research Alliances
INVAMED collaborates with universities, health ministries, and private organizations worldwide, facilitating the swift translation of cutting-edge research into patient-focused technologies.
4. Holistic Health Integration
Guided by Professor Dinc’s expertise in natural health sciences, INVAMED seamlessly merges innovative technology with integrative treatment protocols.
Worldwide Reach: Serving Millions of Patients
Spanning 17 major surgical specialities, INVAMED’s product lineup is utilized in more than 4 million procedures annually. This robust global footprint underscores the trust healthcare professionals place in the company’s high standards of quality and patient-centric ethos.
• Comprehensive Portfolio
From minimally invasive surgical tools to AI-enhanced monitoring systems, INVAMED empowers clinicians with precise, efficient, and reliable solutions.
• Patient-Centered Mission
In alignment with Professor Dinc’s research philosophy, INVAMED’s innovations prioritize patient safety, comfort, and holistic wellness.
Future Outlook: Pioneering the Next Frontier of Medical Advancement
Earning the “Medical Device Innovator of the Year 2025” award is both a testament to INVAMED’s current success and a catalyst for future progress. Building on Professor Rasit Dinc, Ph.D.’s contributions in AI, robotics, and integrative medicine, the organization is poised to usher in a new era of healthcare solutions that meet the evolving demands of patients and providers worldwide.
“We are at a pivotal moment where technological innovation can rapidly advance global healthcare. INVAMED’s vision, shaped by Professor Dinc’s leadership, is to harmonize digital technologies with evidence-based natural health practices, offering pioneering solutions to patients and clinicians across continents.” — Professor Rasit Dinc, Ph.D.
About INVAMED
INVAMED is an international frontrunner in the design, manufacturing, and distribution of advanced medical technologies. Driven by state-of-the-art research and development, the company delivers innovative products that enhance surgical precision, patient safety, and overall clinical effectiveness across a diverse range of specialities. With a mission to make cutting-edge healthcare solutions universally accessible, INVAMED expands its global presence through strategic alliances, scientific rigour, and an unwavering commitment to excellence.
Company Name: INVAMED
Media Contact Name: Alex DuPont
Email Address: alexdupontme@gmail.com
Media Contact
Organization: INVAMED
Contact
Person: Alex DuPont
Email:
alexdupontme@gmail.com SOURCE: INVAMED
City: manhattan, new york
Country:United States
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Press Release
RPPM LLC Achieves Shane Certification for LGBTQ+ Inclusion in Real Estate Services
RPPM LLC Earns Prestigious Shane Certification for Commitment to LGBTQ+ Inclusivity in Real Estate
Kearny, NJ, United States, 6th Feb 2025, – RPPM LLC, a leading real estate brokerage specializing in residential and commercial real estate across Northern New Jersey, is proud to announce its achievement of the Shane Certification, a prestigious recognition awarded to organizations that demonstrate a commitment to providing safe and inclusive environments for LGBTQ+ individuals.
This milestone reflects RPPM’s unwavering dedication to ensuring that all clients, team members, and community partners feel valued, respected, and supported in every interaction. As a Shane Certified business, RPPM has affirmed its commitment to fostering diversity, equity, and inclusion across all aspects of its operations, including buying, selling, leasing, and property management.
“At RPPM, we are more than just a real estate brokerage — we are a community-focused organization,” said John Davis Jr., Owner/CEO at RPPM. “Achieving the Shane Certification solidifies our commitment to providing safe, inclusive, and affirming experiences for LGBTQ+ clients and partners in real estate. It’s about ensuring that everyone feels welcomed, respected, and supported every step of the way.”
The Shane Certification process is rigorous, involving a thorough review of organizational policies, practices, and culture to ensure compliance with high standards of inclusivity and safety. By achieving this recognition, RPPM demonstrates its leadership in creating a more equitable real estate industry, where everyone —whether looking to buy, sell, lease, or manage property — feels empowered and supported.
This achievement also underscores RPPM’s role as a forward-thinking brokerage, integrating the latest technologies, innovative marketing strategies, and inclusive practices to deliver exceptional service for all its clients.
About RPPM LLC
RPPM LLC is a premier real estate brokerage based in Northern New Jersey, specializing in residential and commercial real estate. Whether clients are looking to buy, sell, lease, or seek property management services, RPPM provides expert guidance with a team of professionals dedicated to excellence. With a focus on leveraging the latest technology and market trends, RPPM ensures that every client’s experience is seamless, personalized, and impactful.
About Shane Certification
Shane Certification is a distinguished recognition awarded to organizations that demonstrate a commitment to providing safe and inclusive environments for LGBTQ+ individuals. This certification represents a proactive stance on equality, fostering a culture of inclusivity, and driving positive change.
Contact
RPPM LLC
John Davis
973-380-0467
www.rppm.com
Media Contact
Organization: RPPM LLC
Contact
Person: John Davis
Website:
https://www.rppm.co/
Email:
help@rppm.com
Contact Number: 19733800467
City: Kearny
State: NJ
Country:United States
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Press Release
AEGIS Cybersecurity Systems Inc. Announces $10 Million Investment
![](https://dashboard.kingnewswire.com/uploads/press_release/173882820067a469a8a420d173882820067a469a8a420e.jpg)
United States, 7th Feb 2025 – AEGIS Cybersecurity Systems Inc., a leader in technology innovation, announces the successful completion of its target $10 million investment fundraising initiative to support accelerating commercial roll-out, including marketing and sales and key recruiting initiatives. This milestone marks a significant step forward in the company’s mission: “To provide innovative, comprehensive solutions against all cyber threats targeting data and digital assets”, said Dr. Mohamed Reda, CEO of AEGIS.
Additionally, the company is pleased to announce that SOBAT Investment Company has committed to investing in this round, pending approval by the Committee on Foreign Investment in the United States (CFIUS). This relationship with SOBAT provides AEGIS with another avenue to accelerate initiatives further positioning AEGIS as a pioneer delivering the world’s leading data security solution, CyberGhost. SOBAT will also provide AEGIS with access to its deep connections and ties across Africa in order to advance cybersecurity in those areas.
“This initial investment is a testament to the support and belief in AEGIS’s potential to transform the battle against cyber threats into a safe cyber environment,” said Dr. Reda who continued, “and our next growth phase is looking at $50 million in fundraising.”
“We intend to build on this momentum with AEGIS by accelerating various planned initiatives to extend our geographic and market reach, by extending our technical leadership in advancing cybersecurity, and by initiating a series of strategic acquisitions,” said The Honorable Ronald R. Spoehel, Executive Chairman of AEGIS.
About AEGIS Cybersecurity Systems:
AEGIS Cybersecurity Systems, a pioneer in cutting-edge technology innovation, is revolutionizing the cybersecurity landscape by providing next-generation solutions designed to safeguard critical data and digital assets from the full spectrum of cyber threats. With a forward-thinking approach and relentless commitment to innovation, AEGIS leverages state-of-the-art advancements, including ghost technology, advanced encryption, proprietary blockchain, Generative AI-driven behavioral analysis, and Zero Trust Authentication, to deliver unparalleled data security and resilience.
By anticipating and countering emerging threats in real time, AEGIS empowers enterprises across industries and sectors to confidently navigate the complexities of an increasingly interconnected and digital-first world. AEGIS stands as a trusted partner, transforming the way cybersecurity challenges are addressed and ensuring its clients thrive in a secure, future-proof environment.
Media Contact:
Email: media@aegiscybersystems.com
Media Contact
Organization: AEGIS Cybersecurity Systems Inc.
Contact Person: Support Team
Website: https://aegiscybersystems.com
Email: Send Email
Country: United States
Release Id: 07022523474
The post AEGIS Cybersecurity Systems Inc. Announces $10 Million Investment appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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