Press Release
The Disappearance Of Vanport, Oregon – And The Emergence of A Venture To Stop Flood Disasters
Descendants of the Vanport, Oregon flood are working to build software that increases preparedness for floods, decreases insurance losses, and expands buildable land.
Portland, Oregon, 6th June 2024, ZEX PR WIRE, In a bid to prevent future flood disasters, descendants of the Vanport, Oregon flood are developing advanced software aimed at improving flood preparedness. This initiative not only aims to mitigate insurance losses but also to increase the availability of buildable land.
“Being prepared for a flood makes all the difference in the world. I was shocked to hear that many Vanport residents were informed on the day of the flood, that the levee system would not fail them. I think the challenge here is preparedness – and with all of our technology, we should have better-prepared cities. I think Vanport Technologies has what it takes to get it done,” said newly appointed Public Relations representative for Vanport Technologies, Elizabeth Gessesse.
Vanport Technologies has emerged as a pioneering force in floodplain mapping technology, drawing inspiration from the tragic flood of 1948 that engulfed Vanport, Oregon. Recognizing the critical need for advanced tools to mitigate the impact of such natural disasters, the company has dedicated itself to developing cutting-edge mapping technology to provide accurate and real-time flood risk assessments and address other floodplain challenges.
This technology not only contributes to proactive disaster management but also honors the legacy of the past by striving to prevent similar catastrophes in vulnerable regions. Through their innovative approach, Vanport Technologies is at the forefront of creating solutions that safeguard communities against the devastating consequences of floods.
The flood of 1948 that devastated Vanport, Oregon remains a poignant chapter in the region’s history, marking one of the most catastrophic events in the Pacific Northwest. Vanport, a hastily constructed city near Portland, emerged during World War II as a temporary housing solution for the influx of workers supporting the war effort. Built in 1942, Vanport housed a diverse population, including African Americans who migrated to the area seeking employment in shipyards.
The catastrophe unfolded on May 30, 1948, when the Columbia River, swollen by heavy snowmelt and continuous rainfall, breached its levees. The town, situated on low-lying ground and vulnerable to natural disasters, proved unable to withstand the force of the surging waters. The breach led to the sudden and catastrophic flooding of Vanport, submerging the town under several feet of water within hours.
One of the primary factors contributing to the severity of the disaster was the lack of proper infrastructure and planning in the construction of Vanport. The town was constructed hastily and on an inadequate foundation, with minimal consideration given to potential environmental risks. When the Columbia River surged beyond its banks, the inadequacies of the levee system became painfully apparent, resulting in widespread devastation.
Tragically, the flood claimed the lives of at least 15 people, displaced thousands, and left the majority of Vanport’s buildings in ruins. The aftermath of the disaster exposed the vulnerabilities of makeshift communities and underscored the importance of thoughtful urban planning and infrastructure development. The flood also disproportionately affected the African American population, as they were concentrated in the low-lying areas of the town.
The destruction of Vanport had lasting implications for the residents who lost their homes and belongings. Many were forced to relocate, scattering throughout the Portland metropolitan area. The incident prompted a reevaluation of emergency preparedness and urban planning in the region, leading to improvements in flood control measures and infrastructure development.
The flood of 1948 and the subsequent demise of Vanport serve as a somber reminder of the importance of thorough planning and infrastructure resilience in the face of natural disasters. The event left an indelible mark on the collective memory of the Pacific Northwest, prompting a commitment to learning from the past to build more resilient communities in the future.
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Press Release
Avon River Ventures Clarifies Forward-Looking Valuation Basis of Edgewater Wireless System Inc’s IP Portfolio
Industry-Leading IP Valuation Firm Highlights Key Assumptions Behind Its Assessment
Las Vegas, NV, 6th March 2025, ZEX PR WIRE, Avon River Ventures LLC, a recognized leader in intellectual property (IP) valuation, structured finance, and asset-backed lending, today provides further clarity on its valuation of Edgewater Wireless Systems Inc (TSXV: YFI) (OTC: KPIFF). The firm underscores that the valuation was not an appraisal of Edgewater’s current financial standing but rather an assessment of its potential value contingent upon achieving key commercial and operational milestones.
Valuing early-stage and technology-driven companies requires a forward-looking approach that accounts for commercialization potential, competitive positioning, and scalability. Unlike traditional financial assessments that rely on historical earnings, IP valuations must incorporate projections based on market adoption, monetization potential, and strategic execution.
A Valuation Built on Market and Cost-Based Assumptions
“Intellectual property valuation is as much about potential as it is about present-day financials. For early-stage companies with limited or no revenue, the intrinsic value of their IP can only be understood through a structured assessment of future market opportunities,” said Krutarth Shah, CEO of Avon River Ventures, speaking on behalf of the firm’s IP Monetization Division.
“At Avon River Ventures, we evaluate IP assets through a structured, milestone-driven approach. This means our valuations incorporate assumptions around how the company will commercialize its technology, capture market share, and generate sustainable revenue.
In the case of Edgewater Wireless, our valuation was not based on the company’s current financials but rather on a projection of its potential worth once key inflection points are met. These include achieving meaningful revenue traction, demonstrating sustained market demand, and successfully scaling operations. If these milestones are achieved, the valuation holds. If they are not, then naturally, the valuation must be reassessed in light of actual performance.”
Avon River Ventures: A Market Leader in IP Valuation
Avon River Ventures is widely regarded as a top-tier firm in the field of IP valuation and monetization. The firm’s valuation methodologies are built on rigorous financial modeling, market-based comparables, and proprietary frameworks that align with industry best practices.
With years of experience and a track record of over $1 billion in IP valuation transactional value, Avon River Ventures has been a trusted partner to institutional investors, private equity firms, technology companies, and M&A professionals, offering investment-grade IP valuations that inform financing, acquisitions, and strategic decision-making. The firm’s expertise spans technology, software, semiconductors, biotech, and other IP-intensive industries, ensuring that clients receive valuation insights grounded in real-world commercialization pathways.
Avon River Ventures remains committed to delivering independent, data-driven valuations that stand up to the highest levels of scrutiny. As Edgewater Wireless progresses in its commercialization efforts, Avon River Ventures will continue to monitor its trajectory against the milestones outlined in the valuation framework.
About Avon River Ventures
Avon River Ventures LLC is a premier corporate credit fund and IP valuation firm specializing in structured finance, asset-backed lending, and securities-based transactions. With a focus on IP monetization, venture financing, and capital markets, Avon River Ventures provides valuation and financial structuring expertise to a global client base, including institutional investors, private equity funds, and technology companies.
The firm’s approach to IP valuation is recognized and relied upon by top-tier investors, lenders, and M&A professionals, offering a blend of technical rigor and real-world investment insights that help stakeholders make informed financial decisions.
Learn More
IP-Backed Financing: https://avonriverventures.com/ip-backed-financing/
Sell Patents (IP Sale & Monetization): https://avonriverventures.com/sell-patents/
IP Valuation: https://avonriverventures.com/intellectual-property-ip-valuation/
Corporate Credit: https://avonriverventures.com/about-us/
Specialty Lender Financing: https://avonriverventures.com/lender-finance/
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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.
Press Release
Burwick Law Takes on Pump.fun Memecoins: A Landmark Lawsuit for the Crypto Industry

In a significant development, Burwick Law has announced that it is pursuing legal action on behalf of investors in pump.fun memecoins. This class-action lawsuit has sent shockwaves throughout the cryptocurrency market, raising important questions about the regulatory status of memecoins and their treatment under securities law.
The Lawsuit: A Closer Look
The lawsuit alleges that the creators and promoters of pump.fun memecoins engaged in fraudulent activities, including pump-and-dump schemes, to artificially inflate the value of these digital assets. The plaintiffs claim that they suffered significant losses as a result of these actions.
The lawsuit is noteworthy not only for the alleged wrongdoing but also for its potential implications for the broader cryptocurrency market. If the court determines that memecoins are securities, it would set a significant precedent for the industry.
A Landmark Case for the Crypto Industry
The significance of this lawsuit extends far beyond the individual plaintiffs. A ruling that memecoins are securities would have far-reaching implications for the entire cryptocurrency market. It would mean that these digital assets would be subject to the same regulatory requirements as traditional securities, including disclosure and registration requirements.
This would be a major development, as the US Securities and Exchange Commission (SEC) has struggled to effectively regulate the cryptocurrency market. A clear ruling on the status of memecoins would provide much-needed clarity and help to fill the regulatory gap.
Recognizing Memecoins as Securities: A Game-Changer
Recognizing memecoins as securities would be a significant step forward for the cryptocurrency market. It would provide a clear framework for the creation, promotion, and trading of these digital assets. It would also help to protect investors from fraudulent activities and ensure that they have access to accurate and timely information.
Moreover, a clear regulatory framework would help to promote the development of crypto assets in a more compliant and transparent direction. It would encourage innovation and growth while ensuring that the market operates in a fair and orderly manner.
A Call for Clear Regulatory Boundaries
As the cryptocurrency market continues to evolve and grow, it is essential that we establish clear regulatory boundaries. This lawsuit highlights the need for a comprehensive framework that addresses the unique characteristics of digital assets.
We urge regulators to take a proactive approach to addressing the regulatory gap and providing clarity on the status of memecoins and other digital assets. By doing so, we can promote a more compliant and transparent market that benefits investors, innovators, and the broader economy.
Follow Burwick Law on X – https://x.com/BurwickLaw
Visit Burwick Law Website – https://www.burwick.law/newclient
Email – josonshaly@protonmail.com
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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.
Press Release
Nominations Now Open for The World’s Best Book Awards 2025
Australia, 6th Mar 2025, –
The World’s Best Magazine has announced that nominations are now open for the 2025 The World’s Best Book Awards. This prestigious event honours books that stand out for their originality, literary excellence, and creative storytelling. Authors, publishers, and literary professionals are invited to submit their works for consideration in various award categories that celebrate outstanding contributions to literature.
Books nominated for The World’s Best Book Awards will be evaluated based on criteria such as originality, quality, relevance, creativity, structure & cohesion, emotional depth, and impact. These awards aim to recognise works that demonstrate exceptional creativity, narrative excellence, and the ability to inspire readers, offering a platform to celebrate books that make a lasting impact on culture, society, and the literary world.
Book of Excellence winners are announced throughout the year, setting a high standard for literary achievement. These winning books automatically qualify for the annual awards and are shortlisted for the ultimate Book of the Year title. The Book of the Year winner, selected through a popular vote, will be announced in the early months of the following year, marking the culmination of the awards.
Winners of The World’s Best Book Awards will receive featured coverage in both the print and digital editions of The World’s Best Magazine, a digital badge for promotional use, and extensive exposure through our newsletter and social media channels. Additionally, winning books will be showcased in a global database that receives 527 million searches daily, connecting with 24,000 publishers, tens of thousands of libraries (90% of the world’s total), and 250,000 publications. This database offers exceptional visibility for award-winning books.
The Book of the Year winner will also enjoy a prominent front cover feature in one print and digital edition of The World’s Best Magazine or in another participating platform’s magazine.
Nominations are open year-round where all Book of Excellence winners until the 31st of December are eligible to compete for the current year’s Book of the Year title. Authors, publishers, and representatives are encouraged to submit their books via the official website here.
This is a unique opportunity for authors to gain global recognition for their work and connect with readers, industry professionals, and literary enthusiasts worldwide.
For more details on the nomination process and submission guidelines, please visit the official page of The World’s Best Book Awards.
About The World’s Best Magazine
The World’s Best Magazine is a premier publication dedicated to showcasing the finest in literature, culture, and innovation. It highlights the achievements of thought leaders, writers, and creators from around the world, with a mission to celebrate and uplift exceptional works in every field.
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Organization: The World’s Best Magazine
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info@theworldsbestmagazine.com
Country:Australia
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