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The official royal portrait of King Charles has been revealed, painted by artist Jonathon Yeo.
It’s his first portrait as King since his coronation last year.
The painting is covered in a bright red colour, and features a butterfly on the King’s shoulder.
The work by Yeo took three years to paint, and was completed over four sittings at Highgrove and Clarence House – not bad for a royal subject with a busy schedule.
It aims to capture His Majesty’s “life experiences” and how his “role in our public life has transformed”. Charles is depicted in military regalia – the uniform of the Welsh Guards – abstracted by a background and foreground of painterly brushstrokes in varying shades of vibrant red. A butterfly (the King’s suggestion) prepares to land on his shoulder.
It’s Charles’ first official portrait since the coronation
“FASTNET ROCK has been a once-in-a-lifetime horse, and we are immensely grateful for the incredible journey he has taken us on. I hope he will enjoy a long and happy retirement here at Jerrys Plains. His legacy will endure for generations to come, and we look forward to seeing his influence continue to shape the future of the sport,” said Coolmore’s Tom Magnier.
He is Beautiful, Scary, Moody just like all thoroughbred males
“Fastnet Rock has been a once-in-a-lifetime horse, and we are immensely grateful for the incredible journey he has taken us on. I hope he will enjoy a long and happy retirement here at Jerrys Plains,” said Coolmore’s Tom Magnier. “His legacy will endure for generations to come, and we look forward to seeing his influence continue to shape the future of the sport. His son Acrobat was the fastest 2YO ever at Randwick over 1000m and if his first foals are anything to go by, we’ll be hearing a lot more about him in the future.”
Foaled in 2001, Fastnet Rock quickly established himself as a formidable force on the racetrack. Following back-to-back Group 1 successes in the Lightning Stakes and Oakleigh Plate for trainer Paul Perry he was crowned Champion 3YO Sprinter of 2004/05.
However, it was Fastnet Rock’s transition to stud duty that truly solidified his legacy. Twice Champion Sire in Australia, no less than 43 of his sons and daughters have achieved success at Group 1 level with the likes of Avantage, Atlantic Jewel, and Mosheen cementing his reputation as one of the preeminent sires of his generation.
Fastnet Rock has had a long list of sire sons to achieve Group 1 success in their own right and his daughters are proving a powerhouse of talent putting him at the top of the Australian Broodmare Sires List this season.
Fastnet Rock mares have produced 18 SW’s and their progeny have won over $30 million in prizemoney this season.
Introduced to the market at a service fee of $55,000, Fastnet Rock’s fee rose to $275,000 in 2013, his highest advertised fee, having been crowned champion sire in the 2011/12. He then stood for a private fee between 2014 – 2018.
His global reach was secured when he began shuttling to Coolmore’s Irish base in 2010, a journey he would undertake for the next 11 seasons, standing his final year in Europe in 2021.
While his feats on the racetrack were impressive, they were quickly eclipsed by his ability in the breeding shed and his numbers make for impressive reading.
To date in the southern hemisphere, Fastnet Rock’s 1107 winners are headed by 138 stakes winners, led by 34 Group 1 winners.
Globally, he is responsible for 193 stakes winners (107 Male / 86 Female), headlined by 43 Group 1 winners, including dual hemisphere top-flight winner Via Sistina and Merchant Navy, who followed up his Coolmore Stud Stakes success with a triumph in the prestigious Diamond Jubilee Stakes (Gr 1, 6f) at Royal Ascot.
While able to sire top-class horses of either sex, perhaps he will be remembered for his ability to produce top-class fillies with 86 of his total number of stakes winners being female. Featured among them are household names such as Atlantic Jewel, Sea Siren, Catchy, winner of the Blue Diamond Stakes (Gr 1, 1200m), Irish Lights, Avantage and Unforgotten to name a small few.
Such is the terrific season he is having so far in Australia, Fastnet Rock is currently in pole position to land his first Australian Champion Broodmare Sire title, sitting over $5 million ahead of his closest rival, former barn-mate Encosta De Lago (Fairy King).
You can read more about Fastnet Rocks Retirement
https://coolmore.com/farms/australia/news/the-legendary-fastnet-rock-retires-after-stellar-career
https://www.racing.com/news/2024-04-27/news-breeding-fastnet-rock-retired
Can a British Birthday Bash Move the Stock Market
Can signals to the market be accidental
Real or Imagined
Implied or Not Implied
The Stock of Virgin Galactic’s SPCE rallied 22% after Tom Cruise did the splits in London and Victoria Beckham was carried piggyback
Is art imitating life on Wall Steet?
Can a birthday party bash of one of the Virgin Records Label previous artists possibly have an influence on the stock price of the previous records labels owners Space Stock that announced a stock split 18th April 2024.
Could these two seemingly unrelated events be perceived as signalling the market using the media?
Without even realising
Examples of piggy backing
Piggyback registration refers to a method of selling shares through an initial public offering (IPO). It is typically used by early investors, founders, and other company insiders who negotiated the right to sell their shares as part of any future IPO.
Unlike demand registration, where shareholders are entitled to demand that a company undertake an IPO, investors relying on piggyback registration to sell their shares do not have the right to force an IPO. Instead, they must wait for the IPO to be demanded by other investors, effectively “piggybacking” on other investors’ demand registration rights.
https://www.investopedia.com/terms/p/piggybackregistration.asp
https://www.sec.gov/Archives/edgar/data/1706946/000119312520054071/d903370ds1a.htm
https://www.sec.gov/Archives/edgar/data/1317833/000121390006000685/fsb2ex992_signet.htm
The birthday girl was carried out of the club by her husband at 2.30am. Photographs show the designer receiving a piggy back from David as they left the venue, with her children in tow. Sharing snaps on social media after the event, Victoria posted, ‘I don’t think I’ve ever felt as loved as I did last night
Examples of Splits
Is art imitating life or life imitating art?
Cruise, who turned 61 in July 2023, stunned guests when he began demonstrating “a series of breakdancing moves, culminating in splits,” the outlet said. “People were absolutely dumbfounded,” one guest told the Daily Mail.
A-list actor left guests at Victoria Beckham‘s 50th birthday party in London on Saturday night slack jawed in astonishment after performing an incredible ‘breakdance’ routine – which culminated in the splits
April 19th
April 18th
https://www.sec.gov/ix?doc=/Archives/edgar/data/1706946/000130817924000522/spce4271571-pre14a.htm
Market Effect
22% stock Increase in 1 day
Virgin Galactic’s SPCE stock rose on no apparent news, allowing the aerospace and space-tourism company to snap a two-day losing streak.
Statement 2019
https://www.space.com/43113-richard-branson-virgin-galactic-commercial-flights-2019.html
“I will hope to go up in the middle of this year myself,” Branson said. “We’ve got another test flight in a handful of weeks taking place from Mojave, then we’ll have another one a few weeks later, then another one. And then, we move everything to New Mexico where we have a beautiful spaceport.”
Stock Split
the Board approved the proposed amendments to our Certificate of Incorporation to potentially effect the Reverse Stock Split in order to increase our number of authorized shares of common stock available for future issuance. Under the Certificate of Incorporation, we have 700,000,000 authorized shares of Common Stock and 10,000,000 authorized shares of preferred stock, par value $0.0001 per share. As of the Record Date, there were 411,301,869 shares of common stock issued and outstanding and no shares of preferred stock issued and outstanding. Because the Reverse Stock Split will decrease the number of outstanding shares of our common stock by a ratio in the range of 1-for-2 to 1-for-20 but would not effect a decrease to the number of shares of common stock that we will be authorized to issue, the proposed Reverse Stock Split amendments would result in a relative increase in the number of unissued shares of our Common Stock. See “–Principal Effects of the Reverse Stock Split-Issued and Outstanding Shares of Common Stock” below.
Our Board believes it is in the best interests of the Company and our stockholders to increase our number of authorized shares of common stock available for future issuance in order to have additional shares available for use as our Board deems appropriate or necessary. As such, the Reverse Stock Split will provide the Company with greater flexibility with respect to managing its common stock in connection with such corporate purposes as may, from time to time, be considered advisable by our Board. These corporate purposes could include, without limitation, financing activities, public or private offerings of common stock, issuance of options and other equity awards pursuant to our incentive plans, and strategic business development transactions. Having an increased number of authorized but unissued shares of common stock would allow us to take prompt action with respect to corporate opportunities that develop, without the delay and expense of convening a special meeting of stockholders for the purpose of approving an increase in our capitalization.
Maintain NYSE Listing
Our common stock is currently listed on the NYSE under the symbol “SPCE.” The continued listing requirements of NYSE, among other things, require that our common stock must maintain a minimum average closing share price of $1.00 per share of common stock over a consecutive 30 trading-day period. On the Record Date, our last reported sale price of our common stock on the NYSE was $0.9427 per share. If we were to fail to meet the minimum bid price requirement in the future over a consecutive 30 trading-day period, our common stock could be delisted from the NYSE. If our common stock were to be delisted, the Board believes that the trading market for our common stock could become significantly less liquid, which could reduce the trading price of our common stock and increase the transaction costs of trading in shares of our common stock.
If the Reverse Stock Split amendment is effected, it would cause a decrease in the total number of shares of our common stock outstanding and increase the market price per share of our common stock. The Board intends to effect the Reverse Stock Split only if it believes that a decrease in the number of shares outstanding is in the best interests of the Company and our stockholders and is likely to improve the trading price of our common stock and improve the likelihood that we will be able to maintain our listing on the NYSE.
Reverse Stock Split ratio to be selected by our Board will be a whole number in a range of 1-for-2 to 1-for-20. The Board can only authorize the filing of one Reverse Stock Split amendment and all other Reverse Stock Split amendments will be abandoned. The Board also has the authority to abandon all Reverse Stock Split amendments.
In determining the Reverse Stock Split ratio and whether and when to effect the Reverse Stock Split following the receipt of stockholder approval, the Board will consider a number of factors, including, without limitation:
| ● | the historical trading price and trading volume of our common stock; |
| ● | the number of shares of our common stock outstanding immediately before and after the Reverse Stock Split; |
Pg 81 & 82 of Annual Meeting 18th April 2024
Legal Team
Latham & Watkins
Justin Hamill of Latham & Watkins believes that Richard Branson, the enigmatic leader of Virgin Group, is a. “visionary.”
https://www.lw.com/en/people/justin-hamill
Performance Virgin Galactic’s SPCE
| 5 Day | -7.72% |
| 1 Month | -40.42% |
| 3 Month | -56.72% |
| YTD | -64.49% |
| 1 Year | -72.73% |
https://www.marketwatch.com/investing/stock/spce
So, when Virgin called him up to help secure more funding for his commercial space company, Virgin
Galactic, Hamill was excited for the opportunity.
“It’s not every day you get to work on a deal involving space travel,” Hamill says.
After two successful launches of Virgin Galactic’s VSS Unity in 2018 and 2019, the company decided that it had reached the stage where it needed capital to expand its commercial operations. The company’s initial public offering was unique in that it employed a special-purpose acquisition company, or SPAC: Social Capital Hedosophia, which is run by former Facebook executive Chamath Palihapitiya. As opposedto a traditional IPO, individual SPAC investors have a vote on the deal and can redeem their cash if they don’t like it.
In addition to the complexities of the SPAC and preparing a company to go public, Hamill and his team were faced with unique regulatory issues surrounding space technology, cross-border tax considerations, go-forward governance and liquidity arrangements for Virgin Group.
In the end, Virgin Group retained 51% ownership of the company to preserve a majority, with Social Capital Hedosophia investing $800 million for 49%, making Virgin Galactic the first publicly traded space tourism company in the world. The deal also executed a pre-merger carve-out of Virgin Group’s space satellite business, Virgin Orbit, which remained wholly owned by Branson and Virgin Group.
0.87 USD -1.50 (-63.30%)year to date
Closed: 24 Apr, 7:59 pm GMT-4 • Disclaimer
After hours0.88+0.010 (1.16%)
0.87 USD-9.23 (-91.39%)all time
Closed: 24 Apr, 7:59 pm GMT-4 • Disclaimer
After hours0.88+0.010 (1.16%)
Open0.94High0.99Low0.84 Mkt cap348.07MP/E ratio-Div yield-
Insider trading is defined here as trading on an informational advantage in public markets where the advantage is derived from firm-specific informa tion about the issuer, rather than from information about general market conditions. Such information may be obtained by virtue of a relationship to the issuer, to a prospective bidder for the issuer’s shares, or to agents of either. Trading may either occur face-to-face or through an impersonal market. Where investors are directly solicited, the insider has in fact induced the other person to transact with him or her, and causation is relatively clear. These cases are consistent with common law notions of causation and with common experience, and cause little difficulty
Selling Stock
Branson, through his Virgin Investments group, sold 10.4 million shares of Virgin Galactic this week at various prices, ranging from $25.75 to $34.39 a share, according to an SEC filing. The stake was worth $300 million, according to InsiderScore.com. Shares of Virgin Galactic slipped 2.2% to close at $25.37.13 Aug 2021
1 Dec 2021 — Richard Branson sold another $US300 million ($421 million) in Virgin Galactic stock, tapping his biggest listed asset
FAA license Granted 2021
The adjustment to Virgin Galactic’s operator’s license, which the Company has held since 2016, marks the first time the FAA has licensed a spaceline to fly customers. It is further validation of the Company’s methodical testing program, which has met the verification and validation criteria required by the FAA.25 June 2021
Yet in 2019 this statement was made
Statement 2019
https://www.space.com/43113-richard-branson-virgin-galactic-commercial-flights-2019.html
“I will hope to go up in the middle of this year myself,” Branson said. “We’ve got another test flight in a handful of weeks taking place from Mojave, then we’ll have another one a few weeks later, then another one. And then, we move everything to New Mexico where we have a beautiful spaceport.”
License Term 2 years 2022
License Term: The term of License No. LRLO 16-092 authorizing VG to conduct RLV missions is two (2) yearsfrom July 29, 2022.
https://www.virgin.com/about-virgin/latest/virgin-galactic-gains-licence-for-commercial-spaceflights
Can Epigenetics Shine a Light On Fat
I found some photos of when I started my PhD in Space Telecommunications, its been on pause for some time just like these photos. I have been deep diving into the world of Epigenetics and that word that is like Kryptonite to many in the fashion world let alone the movie business. Its all ok until you start gaining weight or God forbid actually let yourself go and become Fat.
Epigenetics is about shining the light of what drives your fat genes in conditions that can be changed eg your either on or your off. Lots of environmental factors can determine them
What happens if you get Fat from factors outside your control like a course of antibiotics or getting sick. Some data suggestes that infections can actually turn your fat epigenetic on. Interesting
There are 11 types of Female Body Archetypes
There is 56% of female archetypes that have more fat than 44% of other female archetypes
16% of these 56% have the most amount of fat of all the female archetypes
Yet the fashion industry only cut their patterns for 1 of 11 female body archetypes what happens to the other 10 female body archtypes.
Like Joan from Mad Men
and The Presidents Wife in Scandal
This is really interesting stuff, men have less body fat than women and women have 11 different body types and need really 11 different patterns to be made for clothes to really fit them.
Its a jungle out there in the change rooms and the bedrooms at home all these female body archetypes trying to fit into something that is cut for 32 24 32 when they are 36 28 42 how does that work.
Environmental variables such as nutrition and lifestyle may contribute to this tendency. These variables have the ability to change gene expression without affecting the DNA sequence, which is a phenomenon known as epigenetics.
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