Industries |
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Investment Banking and Brokerage |
Automobiles and Components |
Electrical Components and Equipment |
Technology Hardware Storage and Peripherals |
Information Technology |
Technology Hardware and Equipment |
Trading Companies and Distributors |
Asset Management and Custody Banks |
Exposures |
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Economic |
Military |
Cooperate |
Intelligence |
Judicial |
Provide |
Political reform |
Ease |
Crime |
Event Codes |
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Acknowledge responsibility |
Solicit support |
Military blockade |
Warn |
Yield to order |
Sports contest |
Psychological state |
Host meeting |
Agree |
Reward |
Yield |
Human death |
Accident |
Vote |
Force |
Wiki | Wiki Summary |
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Operation Mincemeat | Operation Mincemeat was a successful British deception operation of the Second World War to disguise the 1943 Allied invasion of Sicily. Two members of British intelligence obtained the body of Glyndwr Michael, a tramp who died from eating rat poison, dressed him as an officer of the Royal Marines and placed personal items on him identifying him as the fictitious Captain (Acting Major) William Martin. |
Special Activities Center | The Special Activities Center (SAC) is a division of the Central Intelligence Agency responsible for covert operations and paramilitary operations. The unit was named Special Activities Division (SAD) prior to 2015. |
Operations management | Operations management is an area of management concerned with designing and controlling the process of production and redesigning business operations in the production of goods or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed and effective in meeting customer requirements. |
Emergency operations center | An emergency operations center (EOC) is a central command and control facility responsible for carrying out the principles of emergency preparedness and emergency management, or disaster management functions at a strategic level during an emergency, and ensuring the continuity of operation of a company, political subdivision or other organization.\nAn EOC is responsible for strategic direction and operational decisions and does not normally directly control field assets, instead leaving tactical decisions to lower commands. |
Operations research | Operations research (British English: operational research), often shortened to the initialism OR, is a discipline that deals with the development and application of advanced analytical methods to improve decision-making. It is sometimes considered to be a subfield of mathematical sciences. |
Operation (mathematics) | In mathematics, an operation is a function which takes zero or more input values (called operands) to a well-defined output value. The number of operands (also known as arguments) is the arity of the operation. |
Lluís Companys | Lluís Companys i Jover (Catalan pronunciation: [ʎuˈis kumˈpaɲs]; 21 June 1882 – 15 October 1940) was a Spanish politician from Catalonia who served as president of Catalonia from 1934 and during the Spanish Civil War.\nCompanys was a lawyer close to labour movement and one of the most prominent leaders of the Republican Left of Catalonia (ERC) political party, founded in 1931. |
Passeig de Lluís Companys, Barcelona | Passeig de Lluís Companys (Catalan pronunciation: [pəˈsɛdʒ də ʎuˈis kumˈpaɲs]) is a promenade in the Ciutat Vella and Eixample districts of Barcelona, Catalonia, Spain, and can be seen as an extension of Passeig de Sant Joan. It was named after President Lluís Companys, who was executed in 1940. |
Estadi Olímpic Lluís Companys | Estadi Olímpic Lluís Companys (Catalan pronunciation: [əsˈtaði uˈlimpiɡ ʎuˈis kumˈpaɲs], formerly known as the Estadi Olímpic de Montjuïc and Estadio de Montjuic) is a stadium in Barcelona, Catalonia, Spain. Originally built in 1927 for the 1929 International Exposition in the city (and Barcelona's bid for the 1936 Summer Olympics, which were awarded to Berlin), it was renovated in 1989 to be the main stadium for the 1992 Summer Olympics and 1992 Summer Paralympics. |
Holding company | A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. |
List of largest companies in the United States by revenue | This list comprises the largest companies in the United States by revenue as of 2022, according to the Fortune 500 tally of companies. Retail corporation Walmart has been the largest company in the US by revenue since 2014. |
Conxita Julià | Conxita Julià i Farrés (Catalan pronunciation: [kuɲˈʃitə ʒuliˈa j fəˈres]; 11 June 1920 – 9 January 2019), also known as Conxita de Carrasco, was a Catalan woman noted for her dealings with Lluís Companys, President of Catalonia, in the 1930s, and for her poetry. Julià died in January 2019 at the age of 98. |
Amazon (company) | Amazon.com, Inc. ( AM-ə-zon) is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. |
Víctor Gay Zaragoza | Víctor Gay Zaragoza (born 19 June 1982 in Barcelona, Spain) is a writer, storyteller, trainer and consultant on storytelling. He is author of the essays "Filosofía Rebelde" (Rebel Philosophy), "50 libros que cambiarán tu vida" (50 books that will change your life) and the historical novel "El defensor" (The defender). |
Dysphagia | Dysphoria (from Ancient Greek δύσφορος (dúsphoros) 'grievous'; from δυσ- (dus-) 'bad, difficult', and φέρω (phérō) 'to bear') is a profound state of unease or dissatisfaction. It is the opposite of euphoria. |
Insomnia | An insignia (from Latin insignia, plural of insigne 'emblem, symbol, ensign') is a sign or mark distinguishing a group, grade, rank, or function. It can be a symbol of personal power or that of an official group or governing body. |
Anosmia | Anosmia, also known as smell blindness, is the loss of the ability to detect one or more smells. Anosmia may be temporary or permanent. |
Total depravity | Total depravity (also called radical corruption or pervasive depravity) is a Protestant theological doctrine derived from the concept of original sin. It teaches that, as a consequence of man's fall, every person born into the world is enslaved to the service of sin as a result of their fallen nature and, apart from the efficacious (irresistible) or prevenient (enabling) grace of God, is completely unable to choose by themselves to follow God, refrain from evil, or accept the gift of salvation as it is offered. |
List of unsolved problems in economics | This is a list of some of the major unsolved problems, puzzles, or questions in economics. Some of these are theoretical in origin and some of them concern the inability of orthodox economic theory to explain an empirical observation. |
Aphantasia | Aphantasia is the inability to voluntarily create mental images in one's mind.The phenomenon was first described by Francis Galton in 1880 but has since remained relatively unstudied. Interest in the phenomenon renewed after the publication of a study in 2015 conducted by a team led by Professor Adam Zeman of the University of Exeter. |
Madonna–whore complex | In psychoanalytic literature, a Madonna–Whore Complex, also called a Madonna–Mistress Complex, is the inability to maintain sexual arousal within a committed, loving relationship. First identified by Sigmund Freud, under the rubric of psychic impotence, this psychological complex is said to develop in men who see women as either saintly Madonnas or debased prostitutes. |
East India Company | The East India Company (EIC) was an English, and later British, joint-stock company founded in 1600. It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Southeast Asia), and later with East Asia. |
The Weather Company | The Weather Company is a weather forecasting and information technology company that owns and operates weather.com and Weather Underground. The Weather Company has been a subsidiary of the Watson & Cloud Platform business unit of IBM since 2016. |
The Honest Company | The Honest Company, Inc. is an American consumer goods company, founded by actress Jessica Alba. |
The Longaberger Company | The Longaberger Company is an American manufacturer and distributor of handcrafted maple wood baskets and other home and lifestyle products. The company opened in 1973, was acquired in 2013 by CVSL, Inc., and closed in 2018. |
The Initiative (company) | The Initiative is an American video game development company based in Santa Monica, California. As a division of Xbox Game Studios, the company was founded in 2018 to build AAA games for the Xbox consoles and Windows. |
Competition | Competition is a rivalry where two or more parties strive for a common goal which cannot be shared: where one's gain is the other's loss (an example of which is a zero-sum game). Competition can arise between entities such as organisms, individuals, economic and social groups, etc. |
Competitive advantage | In business, a competitive advantage is the attribute that allows an organization to outperform its competitors.\nA competitive advantage may include access to natural resources, such as high-grade ores or a low-cost power source, highly skilled labor, geographic location, high entry barriers, and access to new technology. |
Requirement | In product development and process optimization, a requirement is a singular documented physical or functional need that a particular design, product or process aims to satisfy. It is commonly used in a formal sense in engineering design, including for example in systems engineering, software engineering, or enterprise engineering. |
Visa requirements for United States citizens | As of 25 February 2022, Holders of a United States passport could travel to 186 countries and territories without a travel visa, or with a visa on arrival. The United States passport currently ranks 6th in terms of travel freedom (tied with the passports of Czech Republic, Greece, Malta, Norway, and the UK) according to the Henley Passport Index. |
Non-functional requirement | In systems engineering and requirements engineering, a non-functional requirement (NFR) is a requirement that specifies criteria that can be used to judge the operation of a system, rather than specific behaviours. They are contrasted with functional requirements that define specific behavior or functions. |
Requirements analysis | In systems engineering and software engineering, requirements analysis focuses on the tasks that determine the needs or conditions to meet the new or altered product or project, taking account of the possibly conflicting requirements of the various stakeholders, analyzing, documenting, validating and managing software or system requirements.Requirements analysis is critical to the success or failure of a systems or software project. The requirements should be documented, actionable, measurable, testable, traceable, related to identified business needs or opportunities, and defined to a level of detail sufficient for system design. |
Market requirements document | A market requirements document (MRD) in project management and systems engineering, is a document that expresses the customer's wants and needs for the product or service.\nIt is typically written as a part of product marketing or product management. |
Requirements elicitation | In requirements engineering, requirements elicitation is the practice of researching and discovering the requirements of a system from users, customers, and other stakeholders. The practice is also sometimes referred to as "requirement gathering". |
Functional requirement | In software engineering and systems engineering, a functional requirement defines a function of a system or its component, where a function is described as a specification of behavior between inputs and outputs.Functional requirements may involve calculations, technical details, data manipulation and processing, and other specific functionality that define what a system is supposed to accomplish. Behavioral requirements describe all the cases where the system uses the functional requirements, these are captured in use cases. |
Visa requirements for British citizens | Visa requirements for British citizens are administrative entry restrictions by the authorities of other states placed on citizens of the United Kingdom. As of 30 April 2022, British citizens had visa-free or visa on arrival access to 187 countries and territories, ranking their passport 5th in terms of travel freedom (tied with France, Ireland and Portugal) according to the Henley Passport Index. |
Risk Factors |
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MEMRY CORP ITEM 1A RISK FACTORS The following risk factors should be considered carefully in connection with any evaluation of our business, financial condition, results of operations, prospects and an investment in our common stock |
Additionally, the following risk factors could cause our actual results to materially differ from those reflected in any forward-looking statements |
Our revenues may be adversely affected if our largest customers reduce orders |
The Company’s four largest customers accounted for over 50prca of the Company’s consolidated revenues in fiscal 2006 |
Significant reductions in sales to any of these customers due to industry consolidation, loss in market share, selection of an additional supply source, the in-house production of components, change in medical procedures, customer quality problems or excess customer supply could dramatically reduce the Company’s revenues, profitability and cash needed to fund operations |
Our production may be reduced by an inability to obtain the necessary raw materials |
The Company obtains its SMAs from one principal source |
The Company expects to be able to continue to acquire SMAs in sufficient quantities for its needs from this supplier |
In addition, if the Company were, for whatever reason, not able to secure an adequate supply of SMAs from this supplier, the Company has identified other suppliers that would be able to supply the Company with sufficient quantities of SMAs, although it is likely the Company would suffer meaningful transitional difficulties for certain products if it had to switch to an alternate supplier |
Additionally, the Company obtains its polymers from four principal sources |
The Company expects to be able to continue to acquire polymers in sufficient quantities for its needs from these suppliers |
A reduction in production due to an inability to obtain the necessary raw materials could dramatically reduce the Company’s revenues, profitability and cash needed to fund operations until production is restored |
Our revenues and operating results may be negatively affected and we may not achieve future growth projections if we fail to compete successfully against our competitors |
The Company faces competition from other SMA processors, who compete with the Company in the sale of semi-finished materials and formed components |
There are several major US, European and Japanese companies engaged in the supply or use of SMAs, some of which have substantially greater resources than the Company |
Within the US, the two major SMA suppliers to both the Company and the industry as a whole have substantially greater resources than the Company |
Each of these companies could determine that it wishes to compete with the Company in the Company’s markets |
One of them has become a competitor of the Company for semi-finished wire and strip materials |
The Company also faces competition in the specialty polymer-extrusion sector |
There are three companies that compete with the Company in a broad range of specialty polymer extrusion products and one additional company that competes with us primarily in the Polyimide product line |
The Company intends to compete and advance its position based primarily on its manufacturing capabilities, its proprietary intellectual property positions, its knowledge of the processing parameters of the alloys and polymers, and its unique design and assembly capabilities, particularly in the medical device field |
However, our competitors may also continue to improve their products, implement manufacturing efficiencies and develop new competing products |
We may be unable to compete effectively with our competitors if we cannot keep up with existing or new alternative products, techniques, and technology in the markets we serve |
These new technologies and products may beat our products to the market, be more effective than our products, be less costly than our products or render our products obsolete by substantially reducing the applications for our products |
It is likely that this competitive activity will result in downward pressure on our sales prices and have a negative impact on gross margins |
We may experience an interruption in sales of a product and incur costs if the customers’ products are recalled |
The majority of the Company’s products are used in the medical device industry |
In the event that any of our customers’ products present a health hazard to the patient or physician or fail to meet product performance criteria or specifications, this could result in a recall of the products, thereby resulting in a loss of our revenue and an adverse impact on our profitability |
12 ______________________________________________________________________ [38]Table of Contents In the event of a claim that we infringe upon another company’s intellectual property rights, we could incur significant costs and/or be required to stop the sale of the related product |
The US business environment is highly litigious with respect to patents and other intellectual property rights |
Although the Company’s technical staff is generally familiar with the patent environment relevant to the Company’s product lines and has reviewed patent searches when considered relevant, the Company cannot be certain whether any of its current or contemplated products would infringe any existing patents |
Companies have used intellectual property litigation to seek to gain a competitive advantage |
In the future, we may become a party to lawsuits involving patents or other intellectual property |
A legal proceeding, regardless of the outcome, would draw upon our financial resources and divert the time and efforts of our management |
If we are unsuccessful in one of these proceedings, a court, or a similar foreign governing body, could require us to pay significant damages to third parties, require us to seek licenses from third parties and pay ongoing royalties, require us to redesign our products, or prevent us from manufacturing, using or selling our products |
In addition to being costly, protracted litigation to defend or enforce our intellectual property rights could result in our customers or potential customers deferring or limiting their purchase or use of the affected products until the litigation is resolved |
Quality problems with our processes, goods and services could harm our reputation for producing high quality products and erode our competitive advantage |
Quality is extremely important to us and our customers due to the serious and costly consequences of product failure |
Our quality certifications are critical to the marketing success of our goods and services |
If we fail to meet these standards, our reputation could be damaged, we could lose customers and our revenue would decline |
Aside from specific customer standards, our success depends generally on our ability to manufacture to exact tolerances precision engineered components, subassemblies and finished devices from multiple materials |
If our components fail to meet these standards or fail to adapt to evolving standards, our reputation as a manufacturer of high quality components will be harmed, our competitive advantage would be damaged, and we would lose customers and market share |
Consolidation in the medical device industry could have an adverse effect on our revenues and results of operations |
Many medical device companies are consolidating to create new companies with greater market power |
As the medical device industry consolidates, competition to provide goods and services to industry participants will become more intense |
These industry participants may be able to produce components currently provided by us or they may be able to use their market power to negotiate price concessions or reductions for components produced by us |
If we lose market share due to in-house production by customers or replacement by a competitor, or if we are forced to reduce our prices because of consolidation in the medical device industry, our revenues would decrease and our earnings, financial condition and/or cash flows would suffer |
Loss of any of our manufacturing facilities would adversely affect our financial position |
We are currently operating at three production facilities, two for SMAs and one for specialty polymers |
Although we believe we have adequate physical capacity to serve our business operations for the foreseeable future, we do not have a back up facility for any of the locations |
The loss of any facility would have a material adverse effect on our revenues, earnings, financial condition and/or cash flows |
A loss of key personnel could have an adverse affect on our revenues and results of operations |
The Company’s future success depends on the continued service and availability of skilled personnel, including research, technical, marketing and management positions |
There can be no assurance that the Company will be able to successfully retain and attract the key personnel it needs |
Further, many of the Company’s key personnel receive a total compensation package that includes equity awards |
New regulations, volatility in the stock market and other factors could diminish the Company’s use, and the value, of the Company’s equity awards, putting the Company at a competitive disadvantage or forcing the Company to use more cash compensation |
The loss of key personnel could have a material effect on our revenues, earnings, financial condition and/or cash flows |
An inability to meet the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 could adversely affect investor confidence and, as a result, our stock price |
The Company may be required to comply with the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 (“Section 404”) as early as June 30, 2007 |
Although the Company has begun to implement the procedures to comply with the 13 ______________________________________________________________________ [39]Table of Contents requirements of Section 404, there is no assurance that we will have a successful initial implementation |
Failure to meet the initial implementation requirements of Section 404, our inability to comply with Section 404’s requirements, and the costs of ongoing compliance could have a material adverse effect on investor confidence and our stock price |
The Company has debt outstanding and must comply with restrictive covenants in its debt agreements |
The Company’s existing debt agreements contain a number of significant restrictive covenants, which limit our ability to, among other things, borrow additional money; pay dividends; redeem stock; and enter into mergers, acquisitions and joint ventures |
The covenants also require the Company to maintain compliance with fixed charge coverage and leverage ratios, as defined |
While the Company is currently in compliance with all the foregoing covenants, increases in our debt or decreases in our earnings could cause the Company to be in default of these financial covenants |
If the Company is unable to comply with theses covenants, there would be a default under these debt agreements |
In addition, changes in economic or business conditions, results of operations or other factors could cause the Company to default under its debt agreements |
A default, if not amended or waived by our lenders, could result in acceleration of the Company’s debt and place a severe strain on our liquidity |