Thursday, July 2, 2015

Mezzanine Financing

Mezzanine Debt--Another Level To Consider

Mezzanine debt is used by companies that are ca

sh flow positive to fund: further growth through

expansion projects; acquisitions; r

ecapitalizations; and, management a

nd leveraged buyouts. When

mezzanine debt is used in conjunction with senior de

bt it reduces the amount of equity required in the

business. As equity is the most expensive form of

capital, it is most cost effective to create a capital

structure that secures the most funding, offers the

lowest cost of capital, and maximizes return on

equity.

Mezzanine debt has been around for over 30 years, how

ever its use in Western Canada and the Pacific

Northwest is relatively new and growing. Leadi

ng companies in this region are starting to use

mezzanine debt to fund the growth today that

the chartered banks will not fund until tomorrow.

1 What Is Mezzanine Debt?

Mezzanine debt capital generally refers to that laye

r of financing between a company's senior debt and

equity, filling the gap between the two. Structurally,

it is subordinate in priority of payment to senior

debt, but senior in rank to common stock or equity (Exhibit #1). In a broader sense, mezzanine debt

may take the form of convertible

debt, senior subordinate

d debt or private "mezzanine" securities (debt

with warrants or preferred equity

DEFINITION of 'Mezzanine Financing'

A hybrid of debt and equity financing that is typically used to finance the expansion of existing companies. Mezzanine financing is basically debt capital that gives the lender the rights to convert to an ownership or equity interest in the company if the loan is not paid back in time and in full. It is generally subordinated to debt provided by senior lenders such as banks and venture capital companies.

Since mezzanine financing is usually provided to the borrower very quickly with little due diligence on the part of the lender and little or no collateral on the part of the borrower, this type of financing is aggressively priced with the lender seeking a return in the 20-30% range.

INVESTOPEDIA EXPLAINS 'Mezzanine Financing'

Mezzanine financing is advantageous because it is treated like equity on a company's balance sheet and may make it easier to obtain standard bank financing. To attract mezzanine financing, a company usually must demonstrate a track record in the industry with an established reputation and product, a history of profitability and a viable expansion plan for the business (e.g. expansions, acquisitions.

Mezzanine Finance

Mezzanine History

Mezzanine lending has been around for more than

two decades. In the 1980's, the business was

dominated by insurance companies and savings a

nd loan associations. By the 1990's, limited

partnerships (LPs) had entered the arena. Toda

y, investors include pension funds, hedge funds,

leveraged public funds, LPs and insurance compani

es, as well as banks that have established stand-

alone mezzanine efforts.

Traditional mezzanine lenders are book-and-hold i

nvestors, generally focused on cash-flow lending,

looking for a minimum term (call protection) and equity

participation to generate

longer term results.

Unlike traded equity, high-yield debt, and inter

est rates which fluctuate with economic conditions,

Thursday, February 12, 2015

Neural Implant Enables Amputees to Move and Feel Prosthetic Hand

University of Utah bioengineering associate professor Gregory Clark holds up the tiny Utah Slanted Electrode Array, a neural interface that connects with nerves in an amputee's arm. The array reads signals from the brain, telling an advanced prosthetic hand how to move. Likewise, the neural interface delivers meaningful sensations of touch and movement from the hand back to the brain. University of Utah researchers have received $1.4 million to further develop the implantable neural interface as part of a project for an advanced prosthetic hand that can move by the person's thoughts. (Credit: University of Utah College of Engineeering)University of Utah researchers have received $1.4 million to further develop an implantable neural interface that will allow an amputee to move an advanced prosthetic hand with just his or her thoughts. The neural interface will also convey feelings of touch and movement.
Called the Utah Slanted Electrode Array, the neural interface uses 100 electrodes that connect with nerves in an amputee's arm to read signals from the brain telling the hand how to move. Likewise, the neural interface delivers meaningful sensations of touch and movement from a prosthetic hand back to the brain.
"Imagine wiretapping into those nerves, which are like a hotline between the brain and the body," said U bioengineering associate professor Gregory Clark, who is leading the research team involving neuroengineers, material scientists, electrical and computer engineers, surgeons and rehabilitation specialists. "We can pick up the nerve signals, translate them, and relay them to an artificial hand. People wouldn't have to do anything differently from what they'd already learned how to do their whole life with their real hand. They'll just think what they normally think, and the prosthetic hand will move."
The Utah Slanted Electrode Array was first developed by University of Utah bioengineering professor emeritus Richard Normann and ultimately will communicate with the prosthetic limb wirelessly. The U will not develop the prosthetic hand or the wireless electronics. The wireless technology will be developed by local company and U collaborator, Ripple, LLC, in Salt Lake City, and the electrodes for the array are being manufactured by Blackrock Microsystems in the U's Research Park.
The funding from the Defense Advanced Research Projects Agency (DARPA) will cover about 18 months of research and pay for testing on two human volunteers. The Utah team is eligible to receive up to $4.4 million from DARPA over the next five years.
Current prosthetic limbs can make only limited movements via remaining muscles, such as with a shoulder shrug. Clark hopes that the Utah Slanted Electrode Array will give users of this advanced prosthetic hand over 20 types of hand and wrist movements by using electrical signals from remaining nerves and muscles. The sensory feedback afforded by the array might help the user not only to feel, but also to feel whole again, Clark said. Most conventional prosthetic limbs also provide no sense of touch or movement.
"We have the opportunity to not only significantly improve an amputee's ability to control a prosthetic limb, but to make a profound, positive psychological impact," DARPA program manager, Doug Weber, said in a news release. "Amputees view existing prostheses as if they were tools, like a wrench, used only to perform a specific job, so many people abandon their prostheses unless absolutely needed. We believe [the new prosthetic limb] will create a sensory experience so rich and vibrant that the user will want to wear his or her prosthesis full time and accept it as a natural extension of the body."
The funding is part of DARPA's Hand Proprioception and Touch Interfaces (HAPTIX) program, which aims to create an artificial limb that is so realistic, it can provide a psychological benefit to the wearer. President Barack Obama cited the project in his State of the Union Address in January as an example of the kind of technological innovation that can unleash new jobs while also benefiting people.
The new tests on human subjects will build upon shorter DARPA-funded tests recently conducted on four human subjects at the U. These tests successfully demonstrated people's ability to control and receive sensation from a virtual prosthetic hand displayed on a computer monitor. So far, the arrays have provided the user with up to 10-12 different types of movements of the virtual fingers and wrist plus over 130 different locations and types of touch and sensory feedback. The use of interfaces in peripheral nerves to control prosthetic hands was pioneered in earlier studies by U investigators, including present U team member Douglas Hutchinson......source www.mdtmag.com

Tuesday, September 23, 2014

Goodnews: Huyu ndio msanii staa wa kimataifa anaekuja Fiesta Dar 201

Goodnews: Huyu ndio msanii staa wa kimataifa anaekuja Fiesta Dar 2014

Wakati Tour ya Fiesta ikiwa inazunguka kwenye mikoa mbalimbali Tanzania ambapo weekend hii ni Mbeya na Songea, ametangazwa msanii wa kimataifa ambae ni rasmi atapanda kwenye stage ya Fiesta Dar es salaam October 2014 Leaders Club Kinondoni.

Rapper T.I ndio msanii wa kimataifa kwenye stage ya Fiesta October 18 2014 akiwa ni mkali ambae kwa sasa anamiliki chati za muziki kwa single yake ya No Mediocre

Tuesday, February 4, 2014

YESU FEKI AITIKISA DUNIA

Stori: Jelard Lucas na Mtandao
SHETANI bado anazidi kuwasakama Wakristo duniani. Hii ni baada ya mkazi wa Kijiji cha Alvaro Thesiss, Santa Catarina nchini Brazil, Mtume Inri Cristo (66) mwanzilishi wa Kanisa la Waraka Mweusi (Suprema Ordem Universal da Santíssima Trindade ‘Soust’), miaka 35 iliyopita kujitangaza kuwa yeye ni Yesu Kristo amerudi kuja kuwaokoa wanadamu baada ya kusubiriwa kwa miaka mingi.

Mtume Inri Cristo 'Yesu feki' akifanya maombi pembeni ni wafuasi wake.

Cristo kwa sasa anaitikisa dunia kwa kuwahubiria maelfu ya watu wa madhehebu ya Kikristo sehemu mbalimbali duniani huku akijiita Yesu Kristo wa Nazareti.

MAHUBIRI YAKE YATIKISA
Mei, 2013, Cristo alitua katika Jiji la Sao Paulo nchini humo na kuwaombea Wakristo, wakiwemo makahaba. Alipokelewa kwa heshima zote huku akijitangaza kuwa hakuna atayekuja duniani kuwakomboa wanadamu zaidi yake.

Mtume Inri Cristo 'Yesu feki' akimuombea muumini.

Alihubiri kuwa kwa kila kiumbe mwenye matarajio ya kuingia kwenye ufalme wa mbinguni yeye ndiye njia ya kweli na uzima.

YESU FEKI AKUTANA NA MAGUMU
Septemba, 2013, mzee huyo alitua kwenye Jiji la Rio de Jeneiro kwa lengo hilohilo lakini alijikuta akishambuliwa vikali huku Wakristo wa jiji hilo wakimtupia lawama kuwa ni mhubiri feki aliyevaa ngozi ya kondoo kujipatia kipato kinyume na utaratibu wa makanisa mengine ya Kikristo nchini Brazil.

AITWA MHUBIRI PUNDA
Akiwa katika harakati zake za kuwavuta waumini wa makanisa ya Kikristo katika Jiji ya Sao Paulo wakati wa Sikukuu ya Krismasi, mwaka jana, mhubiri huyo feki alishambuliwa tena na waumini wa eneo hilo ambao walikusanyika kwenye mkesha wa sikukuu hiyo.

Yesu feki akiwa kwenye kiti chake.

Baadhi ya waumini walimzomea kwa mahubiri yake huku wakisema hayana tofauti na punda aliyebebeshwa mzigo mzito na kushindwa kuutua.

Hata hivyo, Yesu feki huyo aliwajibu waumini hao kwamba hawajui walitendalo kwani yeye ndiye Yesu wa kweli aliyetumwa na Mungu kuja duniani kuwaokoa wanadamu.

“Mimi sijali maneno yao, wameniita punda, eti mahubiri yangu hayana tofauti na punda aliyebebeshwa mzigo mzito hivyo hawezi kujinasua siku zote ataishia kutapatapa, mimi nimetumwa na Mungu,” alisema Cristo.

Yesu feki akiwa na wapambe wake.

ANASWA NA KASHFA YA UTAPELI
Akiwa amejiamini na kujijengea heshima kubwa kwa waumini wake, Januari Mosi mwaka huu, mhubiri huyo alishambuliwa kwa maneno na watu wasiojulikana kwa kusambaza nyaraka za wazi zilizokuwa zimeandikwa kuwa yeye ni tapeli mkubwa kwani anadanganya watu ili kujipatia fedha.

Kitendo hicho kilimpunguzia umaarufu kwani alikuwa ameweka utaratibu kwa waumini wake kulipa fungu la kumi kwa kila pato, alijiweka zaidi kwa wafanyabiashara wakubwa nchini Brazil huku akiwaonya kuwa bila yeye hawawezi kufanikiwa kimaisha.

HISTORIA YAKE KIDUNIA
Cristo aliyezaliwa Machi 22, 1948 mwenye wafuasi wengi katika kanisa lake, amewahi kutembelea nchi nyingi duniani akieneza uzushi huo kwamba yeye ni Yesu Kristo.

Yesu feki akiomba.

Amewahi kufukuzwa kwenye baadhi ya nchi za Ulaya na Amerika ya Kusini zikiwemo Uingereza, Venezuela, Peru, Marekani na Ufaransa ambako alitaka kuanzisha makanisa. Pia ameshawahi kuwekwa ndani mara 40 nchini mwake kutokana na kujitangaza kuwa yeye ni Yesu na kuvuta watu wengi.

Katika nchi yake, Cristo amefanikiwa kuwafanya waumini wake waishi pamoja naye kwenye makazi jirani na kanisa lake la Santa Catarina.
Wazazi wa mzee huyo, baba Wilhelm na mama Magdalena Thais ni Wakatoliki wenye asili ya nchini Ujerumani.

Tangu mwaka 1979, Cristo amesafiri zaidi ya nchi 27 duniani kote akieneza neno lake huku akisema yeye ni Mfalme wa Wayahudi aliyerejea duniani kwa mara ya pili. Pia husema eneo la kanisa lake ni Yerusalemu mpya.

...Akiwaombea waumini.

MAVAZI YAKE
Mara zote, Cristo huvaa kanzu nyeupe na viatu vya ‘makubazi’ huku kichwani akiwa na mduara wenye kuashiria taji la miiba alilovalishwa Yesu wa kweli.

ETI ALIISIKIA SAUTI YA MUNGU
Katika mahojiano yake na baadhi ya redio nchini humo, mhubiri huyo amekuwa akisema tangu utotoni mwake alikuwa akiifuata sauti ya Mungu ambayo ilikuwa ikisema: “Mimi ni Baba yako. Mungu wa Ibrahim, Isaka na Yakobo.”

ANA MPANGO WA KUTEMBELEA AFRIKA
Inasemekana wakati wowote mwaka huu, Cristo atatembelea nchi mbalimbali za Bara la Afrika kwa lengo la kuvuta wafuasi wengi.

Nchi za Zimbabwe, Afrika Kusini, Tanzania, Togo, Mali, Misri, Angola, Nigeria, Burkina Faso na Zaire zinadaiwa kuwepo kwenye ratiba ya ‘Yesu’ huyo.

VIONGOZI WA DINI NCHINI WAMKEMEA
Gazeti hili lilizungumza na baadhi ya wachungaji na maaskofu wa Tanzania kusikia wanamzungumziaje mhubiri huyo feki.

MCHUNGAJI MTIKILA
Mchungaji wa Kanisa la Full Salvation Church la jijini Dar es Salaam, Christopher Mtikila alipopigiwa simu na kuulizwa kuhusiana na sakata hilo, alisema:

“Huyo ni shetani mkubwa, akija Tanzania hatutaki kumwona kwani anakuja kuwavuruga waumini wetu.”

ZAKARIA KAKOBE
Askofu Mkuu wa Kanisa la Full Gospel Bible Fellowship lenye makao yake makuu kwenye Jiji la Dar es Salaam, Zakaria Kakobe naye alikuwa na haya ya kusema:
“Huyo akija Dar anatakiwa tumuombee ili mapepo yamtoke, awe mzima na amsifu Mungu.”

MZEE WA UPAKO
Mchungaji wa Kanisa la Maombezi nalo la jijini Dar, Lusekelo Antony ‘Mzee wa Upako’ alisema utabiri wa Yesu kuwa nyakati za mwisho wengi watajitokeza wakidai ni Kristo umetimia.

“Hizi ni nyakati za mwisho kweli. Yesu alisema watatokea manabii wengi wakisema wao ndiyo Kristo, ndiyo hao sasa. Hataweza kuushinda utawala wa Mungu aliye hai,” alisema Mzee wa Upako.

Saturday, January 11, 2014

MTOTO WA AJABU DAR

Na Hamida Hassan na Imelda Mtema
AMA kweli ukistaajabu ya Musa utayaona ya Farao, Andrea Marcus (13), mkazi wa Mbezi-Kibanda cha Mkaa, Dar anadaiwa kuwa wa ajabu kutokana na vitendo vyake.
Mtoto huyu amedaiwa kuwa ni wa kichawi kutokana na maajabu yafuatayo:

Mkazi wa Mbezi-Kibanda, Andrea Marcus.

Ana uwezo wa kula ubwabwa sufuria moja la familia, anamudu kunywa maji ndoo moja, ana uwezo wa kuingiza tumboni mikate mikubwa saba kwa mlo mmoja, amewahi kula mchele (si ubwabwa) ndoo nzima.

Mbaya zaidi baada ya kula milo hiyo huwa haoneshi ameshiba.
Maajabu mengine ambayo yanawashangaza watu wanaoishi naye ni jinsi anavyokula chakula kwa kumwaga chini kisha kukomba mpaka udongo.

“Sina amani ya moyo, naomba Watanzania wanisaidie, mwanangu ananiuma sana, hata kujisaidia ni hapohapo, chakula anakula kupita kiasi, kama nilivyosema hashibi na bado hali kama mwanadamu wa kawaida,” alisema mama wa mtoto huyo.

Akizungumzia madai ya uchawi, mama huyo, Angelina Marcus alisema mwaka 2001 alimzaa Andrea katika mimba ya miezi nane kwenye Hospitali ya Taifa Muhimbili, Dar.
“Nilipofika nyumbani tu, alikuja mwanamke mmoja, akasema amekuja kunipa hongera. Wakati anaingia alianguka, kichwa ndani miguu nje, alipoamka akaaga akisema anakwenda kuniletea kisamvu.

“Mama yangu akamwambia mzazi hali kisamvu, kama anataka akanichinjie bata. Yule mwanamke aliondoka, hakurudi tena,” alisema mama Andrea.
Aliendelea kudai kuwa, baada ya wiki tatu mtoto wake alianza tabia ya kulia usiku wa manane.
“Hiyo tabia ya kulia amekuwa nayo miaka yote, tulikwenda kwa waganga lakini wapi! Tukahamia makanisani kwa wachungaji kidogo mtoto alipata nafuu mwaka jana.

“Mwezi Novemba tarehe kumi na moja, mwaka jana (2013) yule mwanamke alikuja hapa nyumbani na kuniambia kuwa, mguu ule ni wangu.

“Alikaa chini mimi nikiwa nafua, akaanza kuniambia ‘mjukuu wangu samahani, nimeona unateseka sana na mwanao, nataka nikurudishie kwani mimi uchawi sasa basi.’
“Nilishtuka, nikamuuliza bibi unasema nini? Akajibu, ‘n imekuja kukwambia huyu si mtoto ni picha tu, mtoto wako ninaye mimi nyumbani kwangu na nina watoto wengi ila wa kwako ananisumbua, bora uje umchukue kesho asubuhi,” alisema mama Andrea.

“Siku iliyofuata nilikwenda kwake, sikumwona mtoto ila cha kushangaza aliniambia kuwa yeye anajua kuroga lakini hajui kutegua, ana mganga wake yupo Songea (Ruvuma), atampigia simu aje amtegue mtoto wangu arudi katika hali ya kawaida,” aliongeza mama Andrea.
Mama huyo alisema kuwa aliporudi nyumbani, aliwaambia wazazi wake kilichotokea na maneno yote waliyoongea na mwanamke huyo.

Wazazi wa mama Andrea walimuita mwanamke huyo akiwa na mumewe na mtoto wao mmoja, wakamuuliza kuhusu madai hayo, akaomba msamaha kwa kilichotokea.
Sakata hilo likaenda Serikali ya Mtaa Misigani ambapo mwanamke huyo alikiri mara ya kwanza na kusema kuwa amempigia simu mganga wa Songea atafika wakati wowote.

“Cha kushangaza alikaa kwa nusu saa na kusema amewapigia simu ndugu zake wamesema huyo mganga amefariki dunia. Kila mtu alimuuliza amepigaje simu mbona wamekaa naye na hajatoka nje? Akanyamza,” alisema mama Andrea.

Mama Andrea alisema serikali ya mtaa waliliona sakata hilo ni kubwa na kuamuru babu wa Andrea (jina lipo) kuchukua barua kuipeleka kwenye Kata ili kesi ihamie huko.
Mama huyo alimalizia kwa kusema kuwa anashindwa cha kuamua kwani kwa maelezo ya mwanamke huyo hajui akubali mtoto Andrea si wake au la!

Kwa msaada wa global publisher

HOT!!! WEMA NA DIAMOND WAMERUDIANA?!!

HOT!!! WEMA NA DIAMOND WAMERUDIANA?!! WEMA SEPETU AMEPOST VIDEO HIZI MDA HUU MOJA YAKE MOJA YA DIAMOND AKIWA KIFUA WAZI

Video hizi amepost mwanadada wemasepetu katika akaunti yake ya instagram,..moja ikimonesha yeye mwenyewe amelala kitandani, na baadae inasikika sauti ya mwanaume kwa mbali akiongea uku wema akiitika kwa kumsikiliza,. bila shaka mwamaume uyo atakuwa ni Diamond platinumz

video nyingine ni hii ikimuonesha diamond pia amelala kitandani kifua wazi na badae kukiss kamera iliyokuwa ikimchukua kitandani hapo,..video hii iliambatana naujumbe wa wema aliouandika mwenywe instagram akisema:-

Friday, January 10, 2014

YAYA TOURE ASHINDA TENA KWA MARAYA TATU TUZO YA MCHEZAJI BORA BARANI AFRIKA

Yaya Touré, kiungo wa Ivory Coastamechaguliwa kwa mara ya tatu kama mchezaji bora wa mwaka barani Afrika

Mchezaji huyo ameshinda baada ya kupigiwa kura na makocha wa timu za taifa za Afrika. Abedi Pele wa Ghana alishinda tuzo hiyo kwa mara tatu mfululizo kuanzia 1991–93 wakati mchezaji wa Cameroon Samuel Eto’o akishinda kuanzia 2003-05 na kushinda tena mwaka 2010

UMEWAHI KUJIULIZA KWANINI NYIMBO AU VIDEO ZA "DIAMOND" AZIPIGWI "CHANNEL TEN" AU "MAGIC FM" KWA MWAKA SASA, BASI LEO AMEWAOMBA MSAMAHA LIVE HEWANI .SOMA ZAIDI HAPA

Diamond akiwa katika studio za Magic FM

Kama umewahi kujiuliza kwanini ulikuwa husikii nyimbo za Diamond Platnumz kupitia kituo cha Magic FM cha Dar es salaam pamoja na kituo cha TV Channel Ten kwa kipindi kirefu, jibu ni kwamba msanii huyo ambaye nyota yake inazidi kung’ara kila kukicha aliwahi kukikosea kituo hicho, kwa lugha ya mtaani ‘alizingua’.

Kwa mujibu wa Salmamsangi.com, Jumatano ya wiki hii (Jan 8) kupitia kipindi cha Daladala Beats cha Magic FM, Diamond akiwa Live kwenye kipindi hicho aliomba msamaha na kusema kuwa alikuwa na tofauti na Radio hiyo kutokana na mambo ya kibinadamu.
Diamond ambaye wiki hii ameachia video na audio ya ‘Number 1 RMX’ aliyomshirikisha Davido wa Naija, alifika katika studio za Magic akiwa ameongozana na Meneja wake Babu Tale wa Tip Top Connection pamoja na Said Fella.
Baada ya kuomba msamaha hewani sasa nyimbo za Platnumz zimeanza kupata airtime kupitia vipindi mbalimbali vya Radio hiyo ambayo ilisitisha kupiga kazi zake kwa takribani mwaka mmoja na nusu toka tofauti hizo zilipojitokeza.

Saturday, December 21, 2013

Choos OS2 UNAWEZA KUTUMIA WINDOW MBILI NDANI YA COMPUTER MOJAChoos OS2

Je ushawahi kutumi operating system ndan ya computer moja ;

Ninacho maanisha ni kuwa unauwezo wa kutumia window 7 na window 8 kwenye computer moja au window xp na window vista katika computer moja;

Ila kwa leo nitaonesha jinsia gani unaweza kuweka pamoja operating sytem mbili kwa wakati mmoja.

Kumbika window 8 inahitaji computer yenye tabia ifuatayo;

1GHZ ram or faster

1 gb ram or more

16GB space available in 32bit na 20gb available space in 64bit

Direct x 9 and device with Wddm Or more

PARTITION,

Alternatively, you can click Start, right click Computer > click Manage > click Disk Management.

Kama picha ioneshavyo hiyo ndio njia pekee na usalama ya kugawanya nafasi ndani ya hard disk

Mgawanyo wa nafasi ndani ya hard disk ni hatua pekee inayokuwezesha kuweka operating system mbili ndani ya hard disk moja ili kuzuia utofauti kati na mvurugano wa setting za zamani na setting mpya.