Nicholas Marinelli gave himself a goal when he enrolled at Seton Hall University in the fall of 2017.
“When I was a freshman, I made it a personal goal to create a startup before I graduated,” he said.
Marinelli more than accomplished the feat.
Earlier this month, Marinelli was the big winner at the 11
th annual Pirates Pitch Startup Contest, where university student entrepreneurs pitch their business ideas to compete for over $16,000 in venture capital seed funding in an event sponsored by Center of Innovation and Entrepreneurship at the Stillman School of Business.
Marinelli was awarded $7,000 for his Extra Time Training App, which allows soccer players to train smarter, harder and more efficiently on a cutting-edge platform that tracks their tactical and fundamental performances. Marinelli also earned the $500 Audience Choice Award.
Pirates Pitch: An Incubator for Passion, Courage, and Grit
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The
McPherson’s Ltd(ASX: MCP) share price continued its disappointing run and sank lower again on Wednesday.
The beauty products company’s shares dropped 11% to $1.21.
This means the McPherson’s share price is now down 60% over the last 12 months and trading within touching distance of a two-year low.
Why did the McPherson’s share price crash lower today?
Investors were selling McPherson’s shares today following the release of a disappointing half year result.
Management blamed the same weakness in the daigou channel that has been impacting
A2 Milk Company Ltd(ASX: A2M) and
Blackmores Limited(ASX: BKL) for its poor performance.
McPhersonâs hit by lack of Chinese students and tourists
Save
Share
Pre-tax profit ($m) 1.6 v 8.5
Net profit ($m) 1.2 v 5.7
Interim dividend (¢) 3.5 v 4.0, payable March 18
McPhersonâs, which sells the Manicare, Lady Jayne, Dr. LeWinnâs, Aâkin and Multix brands said export demand from China remains difficult to forecast, and its now expecting second half and full year earnings per share will be materially below a year ago.
Despite the shaky outlook the beauty retailer said Wednesday its strong cash conversion and low debt will support its dividend payout ratio in the medium term.
Managing director Grant Peck said consumer behaviour will be difficult to gauge in the short term following an unexpected slowdown in the market in the last quarter of last year.
Editor s note: This article was updated Jan. 13 with comments from the defendant.
A federal court has permanently barred a company from selling vitamin D products as treatments for COVID-19.
On Jan. 7, U.S. District Court Judge William T. Moore Jr. entered a consent decree of permanent injunction against Matthew Ryncarz and his companies, Fusion Health and Vitality LLC and Fusion Ionz LLC.
The defendants claimed their products would cure, mitigate or treat COVID-19 and other diseases, according to the U.S. Department of Justice (DOJ) in a civil complaint filed Nov. 23 in the U.S. District Court for the Southern District of Georgia. While the defendants sold many products online that purportedly contained vitamin D3, such as “Immune Shot,” “Immune Boost” and “Core,” no qualified experts considered them effective or GRAS (generally recognized as safe) for the uses that the products were promoted for, the complaint alleged.
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