Assessing Financial Reporting Quality of Early Stage Private Companies

There are a variety of widely accepted methods that are used in order to evaluate the financial positioning of companies that are traded on stock exchanges. However, these methods that are common in the public markets do not suffice for assessing companies that are privately held. Attempting to devise an intrinsic value using anticipated cash flows is ineffective given that most companies are pre-revenue. Deriving a value based off of assets held is also inaccurate given that a young company will be in the process of capitalizing itself and more of its assets cannot be represented on a balance sheet, compared to public companies. Furthermore, the sheer lack of raw data provided by the companies in some cases can also contribute to pitfalls in valuation attempts. In addition, the lack of reliability of private companies’ financial information makes the valuation of these companies difficult. This study aims to develop a framework to assess the financial reporting quality of these early stage private companies

Shallow-water residency and limited dispersal of Atlantic halibut in the Gulf of Maine

• Atlantic halibut (Hippoglossus hippoglossus), once abundant in the Gulf of Maine (GOM) on the northeast coast, were overfished until the stock collapsed in the 1940s. • In 2007, a three-year tagging study using electronic tags was done by the Maine Dept. of Marine Resources. • The objective of the study was to determine if GOM halibut migrate to spawning grounds on the Scotian Shelf and mix with Canadian halibut stock

SU(3)-Goodman-de la Harpe-Jones subfactors and the realisation of SU(3) modular invariants

We complete the realisation by braided subfactors, announced by Ocneanu, of all SU(3)-modular invariant partition functions previously classified by Gannon.Comment: 47 pages, minor changes, to appear in Reviews in Mathematical Physic

An analysis of Matthew Fox’s mystical immanence

The key objective of this research is to explore Matthew Fox’s mystical immanence, as developed in his panentheistic Creation-centred theology. Focussing on the key theme in his thought, the relationship between prayer and social justice, this thesis provides what is essentially an auteur critique. That is to say, his theology is excavated by means of biographical analysis, exploring his principal formative influences. In Chapter One the thesis seeks to identify and chronicle his spiritual odyssey, from his home environment via his seminary training within the Dominican Order to his acceptance into the Episcopal priesthood in 1994. Chapter Two focuses on the main influences on Fox’s thought, particularly: Marie-Dominique Chenu, who transformed Catholic thought in the twentieth century; Jewish spirituality, as developed by Martin Buber, Abraham Heschel, and Otto Rank; and Robert Bly, the American poet, author, activist and leader of the Mythopoetic Men’s Movement. Turning specifically to the principal developments in his theology, the third chapter, analyses Fox’s mysticism. His consistent use of the term ‘Creation’ is an indication of the cosmic orientation of this thinking, while his ‘creation spirituality’ is undergirded by his embrace of Thomas Aquinas, the Rhineland mystics and his rejection of Augustine. This chapter also evaluates the diverse scholarly critiques which have attempted to classify his work as New Age, pantheist, and monist. The fourth chapter turns to his complex understanding of the historical Jesus and his quest for the ‘Cosmic Christ’ in the Hebrew Bible, the New Testament and the Church Fathers. The thesis concludes with an examination of, firstly, Fox’s understanding of ‘Wisdom’, focussing on the ‘sophiological problem’ within the Russian religious consciousness and, secondly, his interpretation of liberation theology and social justice, as developed in his theology of work, Gaia, and eco-feminism

Ignition means for monopropellant Patent

Catalyst bed ignition system for hydrazine propellant

Computation of group table alphanumeric display

Computer program, using only group elements as input data, provides machine computation of group tables used for proving theorems and algorithms of finite groups. Program is written for second generation computers

Radar observations of a volcanic terrain: Askja Caldera, Iceland

Surface roughness spectra of nine radar backscatter units in the Askja caldera region of Iceland were predicted from computer-enhanced like- and cross-polarized radar images. A field survey of the caldera was then undertaken to check the accuracy of the preliminary analysis. There was good agreement between predicted surface roughness of backscatter units and surface roughness observed in the field. In some cases, variations in surface roughness could be correlated with previously mapped geologic units

Asymmetric velocity correlations in shearing media

A model of soft frictionless disks in two dimensions at zero temperature is simulated with a shearing dynamics to study various kinds of asymmetries in sheared systems. We examine both single particle properties, the spatial velocity correlation function, and a correlation function designed to separate clockwise and counter-clockwise rotational fields from one another. Among the rich and interesting behaviors we find that the velocity correlation along the two different diagonals corresponding to compression and dilation, respectively, are almost identical and, furthermore, that a feature in one of the correlation functions is directly related to irreversible plastic events

Modular Invariants, Graphs and α\alpha-Induction for Nets of Subfactors I

We analyze the induction and restriction of sectors for nets of subfactors defined by Longo and Rehren. Picking a local subfactor we derive a formula which specifies the structure of the induced sectors in terms of the original DHR sectors of the smaller net and canonical endomorphisms. We also obtain a reciprocity formula for induction and restriction of sectors, and we prove a certain homomorphism property of the induction mapping. Developing further some ideas of F. Xu we will apply this theory in a forthcoming paper to nets of subfactors arising from conformal field theory, in particular those coming from conformal embeddings or orbifold inclusions of SU(n) WZW models. This will provide a better understanding of the labeling of modular invariants by certain graphs, in particular of the A-D-E classification of SU(2) modular invariants.Comment: 36 pages, latex, several corrections, a strong additivity assumption had to be adde

Trace-scaling automorphisms of certain stable AF algebras

Trace scaling automorphisms of stable AF algebras with dimension group totally ordered are outer conjugate if the scaling factors are the same (not equal to one). This is an adaptation of a similar result for the AFD type II_infty factor by Connes and extends the previous result for stable UHF algebras.Comment: 12 pages, late