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Wiki Wiki Summary
Arithmetic Arithmetic (from Ancient Greek ἀριθμός (arithmós) 'number', and τική [τέχνη] (tikḗ [tékhnē]) 'art, craft') is an elementary part of mathematics that consists of the study of the properties of the traditional operations on numbers—addition, subtraction, multiplication, division, exponentiation, and extraction of roots. In the 19th century, Italian mathematician Giuseppe Peano formalized arithmetic with his Peano axioms, which are highly important to the field of mathematical logic today.
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.
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.
Bitwise operation In computer programming, a bitwise operation operates on a bit string, a bit array or a binary numeral (considered as a bit string) at the level of its individual bits. It is a fast and simple action, basic to the higher-level arithmetic operations and directly supported by the processor.
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.
Alternative investment An alternative investment (also called an alternative asset) is an investment in any asset class excluding stocks, bonds, and cash. The term is a relatively loose one and includes tangible assets such as precious metals, collectibles (art, wine, antiques, cars, coins, musical instruments, or stamps) and some financial assets such as real estate, commodities, private equity, distressed securities, hedge funds, exchange funds, carbon credits, venture capital, film production, financial derivatives, cryptocurrencies, non-fungible tokens, and tax receivable agreements.
Mathematics Mathematics (from Ancient Greek μάθημα; máthēma: 'knowledge, study, learning') is an area of knowledge that includes such topics as numbers (arithmetic and number theory), formulas and related structures (algebra), shapes and the spaces in which they are contained (geometry), and quantities and their changes (calculus and analysis).Most mathematical activity involves discovering and proving properties of abstract objects by pure reasoning. These objects are either abstractions from nature, such as natural numbers or lines, or — in modern mathematics — entities that are stipulated with certain properties, called axioms.
Possibilities Possibilities is the forty-fifth studio album by American jazz pianist Herbie Hancock, released on August 30, 2005, by Hear Music and Vector Recordings.\n\n\n== Background ==\nThe album features a variety of guest musicians such as Trey Anastasio, John Mayer and Carlos Santana.
Life imprisonment Life imprisonment is any sentence of imprisonment for a crime under which convicted people are to remain in prison for the rest of their natural lives or indefinitely until pardoned, paroled, or otherwise commuted to a fixed term. Crimes for which, in some countries, a person could receive this sentence include murder, torture, terrorism, child abuse resulting in death, rape, espionage, treason, drug trafficking, drug possession, human trafficking, severe fraud and financial crimes, aggravated criminal damage, arson, kidnapping, burglary, and robbery, piracy, aircraft hijacking, and genocide, crimes against humanity, war crimes or any three felonies in case of three-strikes law.
The Possibility of Evil "The Possibility of Evil" is a 1965 short story by Shirley Jackson. Published on December 18, 1965, in the Saturday Evening Post, a few months after her death, it won the 1966 Edgar Allan Poe Award for best mystery short story.
The Realm of Possibility The Realm of Possibility is a 2004 young adult novel by David Levithan. Presented as a "collection of interrelated monologues written in free verse," it tells the individual stories of twenty teenagers struggling with high school angst and adolescent life.
The Possibility of an Island The Possibility of an Island (French: La Possibilité d'une île) is a 2005 novel by French novelist Michel Houellebecq, set within a cloning cult that resembles the real-world Raëlians.\n\n\n== Plot summary ==\nThere are three main characters - Daniel and two of his clones.
Recovered Territories The Recovered Territories or Regained Lands (Polish: Ziemie Odzyskane), also known as Western Borderlands (Polish: Kresy Zachodnie), and previously as Western and Northern Territories (Polish: Ziemie Zachodnie i Północne), Postulated Territories (Polish: Ziemie Postulowane) and Returning Territories (Polish: Ziemie Powracające), are the former eastern territories of Germany and the Free City of Danzig that became part of Poland after World War II, at which time their former German inhabitants were forcibly deported.\nThe rationale for the term "Recovered" was that these territories formed part of the Polish state, and were lost by Poland in different periods over the centuries.
Business continuity planning Business continuity may be defined as "the capability of an organization to continue the delivery of products or services at pre-defined acceptable levels following a disruptive incident", and business continuity planning (or business continuity and resiliency planning) is the process of creating systems of prevention and recovery to deal with potential threats to a company. In addition to prevention, the goal is to enable ongoing operations before and during execution of disaster recovery.
Sharp Objects (miniseries) Sharp Objects is a 2018 American psychological thriller television miniseries based on Gillian Flynn's 2006 debut novel of the same name that premiered on July 8, 2018, on HBO. The series was created by Marti Noxon, directed by Jean-Marc Vallée, and stars Amy Adams, Patricia Clarkson, Chris Messina, Eliza Scanlen, Matt Craven, Henry Czerny, Taylor John Smith, Madison Davenport, Miguel Sandoval, Will Chase, Jackson Hurst, Sophia Lillis, Lulu Wilson, and Elizabeth Perkins. It follows Camille Preaker, an emotionally troubled reporter who returns to her hometown to cover the murders of two young girls.
Pipe recovery operations Pipe recovery is a specific wireline operation used in the oil and gas industry, when the drill string becomes stuck downhole. Stuck pipe prevents the drill rig from continuing operations.
Modern United States Navy carrier air operations Modern United States Navy aircraft carrier air operations include the operation of fixed-wing and rotary aircraft on and around an aircraft carrier for performance of combat or noncombat missions. The flight operations are highly evolved, based on experiences dating back to 1922 with USS Langley.
TWA Flight 800 Trans World Airlines Flight 800 (TWA800) was a Boeing 747-100 that exploded and crashed into the Atlantic Ocean near East Moriches, New York, on July 17, 1996, at about 8:31 pm. EDT, 12 minutes after takeoff from John F. Kennedy International Airport, on a scheduled international passenger flight to Rome, with a stopover in Paris.: 1  All 230 people on board died in the crash; it is the third-deadliest aviation accident in U.S. history.
List of Disney theme park attractions The following graph shows all or most of the attractions found in most or all of the Walt Disney Parks and Resorts around the world.
Sweet Disposition "Sweet Disposition" is a song by Australian indie rock band the Temper Trap. Described by critics as an "indie anthem", the song was written by Dougy Mandagi and Lorenzo Silitto.
Disposition Matrix The Disposition Matrix, informally known as a kill list, is a database of information for tracking, capturing, rendering, or killing suspected enemies of the United States. Developed by the Obama administration beginning in 2010, it goes beyond existing kill lists and is intended to become a permanent fixture of U.S. policy.
Disposition effect The disposition effect is an anomaly discovered in behavioral finance. It relates to the tendency of investors to sell assets that have increased in value, while keeping assets that have dropped in value.Hersh Shefrin and Meir Statman identified and named the effect in their 1985 paper, which found that people dislike losing significantly more than they enjoy winning.
Disposition index Disposition index (DI) is the product of insulin sensitivity times the amount of insulin secreted in response to blood glucose levels. Insulin resistant individuals can maintain normal responses to blood glucose due to the fact that higher levels of insulin are secreted as long as the beta cells of the pancreas are able to increase their output of insulin to compensate for the insulin resistance.
Embryo An embryo is the early stage of development of a multicellular organism. In organisms that reproduce sexually, embryonic development is the part of the life cycle that begins just after fertilization of the female egg cell by the male sperm cell.
Profit (economics) An economic profit is the difference between the revenue a commercial entity has received from its outputs and the opportunity costs of its inputs. It equals to total revenue minus total cost, including both explicit and implicit costs.
Profitability index Profitability index (PI), also known as profit investment ratio (PIR) and value investment ratio (VIR), is the ratio of payoff to investment of a proposed project. It is a useful tool for ranking projects because it allows you to quantify the amount of value created per unit of investment.
Customer Profitability Analysis Customer Profitability Analysis (in short CPA) is a management accounting and a credit underwriting method, allowing businesses and lenders to determine the profitability of each customer or segments of customers, by attributing profits and costs to each customer separately. CPA can be applied at the individual customer level (more time consuming, but providing a better understanding of business situation) or at the level of customer aggregates / groups (e.g.
Profitable growth Profitable Growth is the combination of profitability and growth, more precisely the combination of Economic Profitability and Growth of Free cash flows. Profitable growth is aimed at seducing the financial community; it emerged in the early 80s when shareholder value creation became firms’ main objective.
Small Is Profitable Small Is Profitable: The Hidden Economic Benefits of Making Electrical Resources the Right Size is a 2002 book by energy analyst Amory Lovins and others. The book describes 207 ways in which the size of "electrical resources"—devices that make, save, or store electricity—affects their economic value.
SAP ERP SAP ERP is an enterprise resource planning software developed by the German company SAP SE. SAP ERP incorporates the key business functions of an organization. The latest version of SAP ERP (V.6.0) was made available in 2006.
Key employee Key employee, in U.S. Internal Revenue Service (IRS) terminology, is an employee classification used when determining if company-sponsored qualified retirement plans, including 401(a) defined benefit plans and 401(k)s, are considered "top-heavy" or, in other words, weighted towards the company's more highly compensated individuals.A key employee is defined by the IRS as an employee, either living or dead, who meets one of the following three criteria:\n\nAn officer making over $175,000 in 2018 or $180,000 in 2019 (the income threshold is indexed by the IRS and may increase each year);\nA 5% owner of the business (defined as one who either owns more than 5% of the business, or is credited with more than 5% ownership of the business through Family-Attribution Rules), or\nAn employee owning more than 1% of the business and making over $150,000 for the plan year.All other employees are referred to as non-key employees.There are some similarities between key employees and so-called highly compensated employees (HCE), but the compensation salary threshold is lower for HCEs, at only $120,000 versus $150,000 for key employees.
Preferred stock Preferred stock (also called preferred shares, preference shares, or simply preferreds) is a component of share capital that may have any combination of features not possessed by common stock, including properties of both an equity and a debt instrument, and is generally considered a hybrid instrument. Preferred stocks are senior (i.e., higher ranking) to common stock but subordinate to bonds in terms of claim (or rights to their share of the assets of the company, given that such assets are payable to the returnee stock bond) and may have priority over common stock (ordinary shares) in the payment of dividends and upon liquidation.
Common stock Common stock is a form of corporate equity ownership, a type of security. The terms voting share and ordinary share are also used frequently outside of the United States.
Risk Factors
ODYSSEY MARINE EXPLORATION INC ITEM 1A RISK FACTORS One should carefully consider the following factors, in addition to the other information in this Annual Report on Form 10-K, in evaluating our company and our business
Our business, operations and financial condition are subject to various risks
Some of these risks are described below, and should be carefully considered in evaluating Odyssey or any investment decision relating to our securities
This section does not describe all risks applicable to Odyssey, its industry or its business
It is intended only as a summary of the principal risks
An investment in Odyssey is extremely speculative and of exceptionally high risk
Although we have access to a substantial amount of research and data which has been compiled regarding various projects, the quality and reliability of such research and data is uncertain
Even if we are able to plan and obtain permits for our various projects, there is a possibility that the shipwrecks may have already been salvaged or may not be found, or may not have had anything valuable on board at the time of the sinking
Even if objects of value are located and recovered, there is the possibility that the cost of recovery exceeds the value of the objects recovered or that others, including both private parties and governmental entities, will assert conflicting claims and challenge our rights to the recovered objects
Finally, even if we are successful in locating and retrieving objects from a shipwreck and establishing good title to them, there are no assurances as to the value that such objects will bring at their sale, as the market for such objects is uncertain
The success of a shipwreck project is dependent to a substantial degree upon the research and data we have obtained
By its very nature, research and data regarding shipwrecks is imprecise, incomplete and unreliable
It is often composed of or affected by numerous assumptions, rumors, legends, historical and scientific inaccuracies and inaccurate interpretations which have become a part of such research and data over time
Availability of raw materials may be limited
The availability of raw materials is primarily dependent on the success of finding intrinsically valuable cargoes from shipwrecks
If we are not successful in the exploration and recovery of shipwrecks, we would not have sufficient raw materials to sell
Operations may be affected by natural hazards
Underwater recovery operations are inherently difficult and dangerous and may be delayed or suspended by weather, sea conditions or other natural hazards
Further, such operations may be undertaken more safely during certain months of the year than others
We cannot guarantee that we, or the entities we are affiliated with, will be able to conduct search and recovery operations only during favorable periods
In addition, even though sea conditions in a particular search location may be somewhat predictable, the possibility exists that unexpected conditions may occur and adversely affect our operations
It is also possible that natural hazards may prevent or significantly delay search and recovery operations or the ability to operate our themed attractions
Persons and entities other than Odyssey and entities we are affiliated with (both private and governmental) may claim title to the shipwrecks
Even if we are successful in locating and recovering shipwrecks, we cannot assure we will be able to establish our right to property recovered against governmental entities, prior owners, or other attempted salvors claiming an interest therein
In such an event, we could spend a great deal of money and receive no revenue for our work
Even if valuable items can be located and recovered, it is difficult to predict the price that might be realized for such items
The value of recovered items will fluctuate with the precious metals market, which has been highly volatile in past years
In addition, the entrance on the market of a large supply of similar items from shipwrecks located and recovered by others could depress the market
We could experience delays in the disposition or sale of recovered objects
The methods and channels that may be used in the disposition or sale of recovered items are uncertain at present and may include several alternatives
Ready access to buyers for any artifacts or other valuable items recovered cannot be assured
Delays in the disposition of such items could adversely affect our cash flow
Legal, political or civil issues could interfere with our recovery operations
Legal, political or civil initiatives of countries and/or major maritime governments could restrict access to shipwrecks or interfere with our search and recovery operations
Objects we recover could be stolen from us
If we locate a shipwreck and assert a valid claim to items of value, there is a risk of theft of such items at sea, both before and after their recovery, by “pirates” or poachers and while in transit to a safe destination
Such thefts may not be adequately covered by insurance
We face competition from others
There are a number of competing entities engaged in various aspects of the shipwreck business, and in the future other competitors may emerge
In addition, these competing entities may be better capitalized and may have greater resources to devote to their pursuit of the shipwreck
We may be unable to get permission to conduct salvage operations
It is possible we will not be successful in obtaining title, or permission to excavate certain wrecks
In addition, permits that are sought for the projects may never be issued, and if issued, may not be legal or honored by the entities that issued them
Profitability of our themed attractions segment may be adversely affected by a number of factors
As we continue to develop and open themed attractions, there are several factors which could negatively affect our profitability including site selection, attendance projections, and economic activity
While we perform extensive market research on potential site locations, our attendance projections for those locations may not materialize in sufficient numbers to assure profitability
Also, a decline in national and/or regional economic conditions could reduce attendance and spending at our themed attractions
In addition, our themed attractions will compete against other forms of entertainment available in the area, and attendance may be subject to seasonal variations
Changes in our business strategy or restructuring of our businesses may increase our costs or otherwise affect the profitability of our businesses
As changes in our business environment occur we may need to adjust our business strategies to meet these changes or we may otherwise find it necessary to restructure our operations or particular businesses or assets
In any of these events, our costs may increase, and we may have significant charges associated with the write-down of assets
We depend on key employees and face competition in hiring and retaining qualified employees
Our employees are vital to our success, and our key management and other employees are difficult to replace
We currently do not have employment contracts with our key employees
Further, we do not maintain key person life insurance on any of our employees
We may not be able to retain highly qualified employees in the future which could adversely affect our business
Our articles of incorporation authorize generic preferred stock
Our articles of incorporation authorize the issuance of up to 10cmam000cmam000 shares of preferred stock
Our board of directors has the right to establish the terms, preference, rights and restrictions of the preferred stock
Such preferred stock could be issued with terms, rights, preferences and restrictions that could discourage other persons from attempting to acquire control and thereby insulate incumbent management
In certain circumstances, the existence of corporate devices that would inhibit or discourage takeover attempts could have a negative effect on the market value of our common stock