text:
New 2020 GMC Sierra 2500HD SLT 4x4 Trucks
- Stock: 1300038
Basic Info
Exterior:Onyx Black
Transmission:10-Speed Automatic
Interior:Jet Black
Engine:Turbocharged Diesel V8 6.6L/403
Buy Online
Create a deal that you're comfortable with and submit your preferences to the dealership.
Home Test Drive
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Delivered To You
Get your car, truck, SUV, or crossover shipped to your home or a convenient nearby location.
Key Features
Android Auto
Apple CarPlay
Automatic Climate Control
Backup Camera
Fog Lights
Heated Seats
Keyless Entry
Leather Seats
Power Seats
Rear Heated Seats
Satellite Radio Ready
Side-Impact Air Bags
Tow Package
WiFi Hotspot
Carl Black Trade-In Allowance: Must trade-in a 2008 or newer vehicle with less than 100,000 miles to be eligible to receive up to $2,000 towards purchase of New Vehicle, Courtesy Vehicle, or Demo. See Dealer for Details.
Other Vehicles You May Like
Vehicle Details
- BedStep, Black integrated on forward portion of bed on driver and passenger side
- Bumper, front chrome lower
- Bumper, rear chrome with bumper CornerSteps
- Cargo tie downs (12), fixed rated at 500 lbs per corner
- CornerStep, rear bumper
- Door handles, chrome
- Fog lamps, LED
- Glass, deep-tinted
- Grille (Chrome surround with high gloss Black mesh and Chrome inserts.)
- Headlamps, LED reflector (high intensity) with LED turn signals and LED signature Daytime Running Lamps
- Lamps, cargo area cab mounted integrated with center high mount stop lamp, with switch in bank on left side of steering wheel.
- LED Cargo Area Lighting located in cargo bed activated with switch on center switch bank or key fob
- Mirror caps, chrome
- Mirrors, outside power-adjustable vertical trailering with heated and auto-dimming upper glass, (driver and passenger) lower convex mirrors, turn signal indicators, puddle lamps, perimeter lighting, auxiliary lighting, power folding/extending (extends 3.31 [84.25mm])
- Moldings, beltline, stainless steel
- Tailgate and bed rail protection caps, top
- Tailgate, gate function manual with EZ Lift includes power lock and release, includes hitch area light
- Tailgate, GMC MultiPro Tailgate with six functional load/access features
- Taillamps, LED signature taillight with LED stop and reverse light
- Tire carrier lock keyed cylinder lock that utilizes same key as ignition and door
- Tire, spare LT275/70R18 all-terrain, blackwall (Included and only available with (QF6) LT275/70R18E all-terrain, blackwall tires or (QF9) LT275/65R20 all-terrain, blackwall tires with (E63) pickup bed models. Available to order when (ZW9) pickup bed delete and (QF6) LT275/70R18E all-terrain, blackwall tires or (QF9) LT275/65R20 all-terrain, blackwall tires are ordered.)
- Tires, LT275/70R18E all-terrain, blackwall
- Wheelhouse liners, rear
- Wheels, 18 (45.7 cm) 6-spoke machined aluminum with high gloss Black accents
- Mirrors, outside power-adjustable vertical trailering with heated and auto-dimming upper glass, (driver and passenger) lower convex mirrors, turn signal indicators, puddle lamps, perimeter lighting, auxiliary lighting, power folding/extending (extends 3.31" [84.25mm])
- 4G LTE Wi-Fi Hotspot capable (Terms and limitations apply. See onstar.com or dealer for details.)
- Air conditioning, dual-zone automatic climate control
- Air vents, rear
- Assist handles front A-pillar mounted for driver and passenger, rear B-pillar mounted
- Audio system feature, 6-speaker system
- Audio system, Premium GMC Infotainment System with 8 diagonal color touch-screen includes multi-touch display, AM/FM stereo, Bluetooth streaming audio for music and most phones; featuring Android Auto and Apple CarPlay capability for compatible phones, advanced voice recognition, in-vehicle apps, personalized profiles for infotainment and vehicle settings (Includes (PZ8) Hitch Guidance with hitch view.)
- Bluetooth for phone, connectivity to vehicle infotainment system
- Compass, located in instrument cluster
- Cruise control, steering wheel-mounted
- Defogger, rear-window electric
- Door locks, power
- Driver Information Center, 4.2 diagonal color display includes driver personalization
- Driver memory recalls driver presets for power driver seat and outside mirrors
- Exterior Temperature Display, located in radio display
- Floor covering, color-keyed carpeting
- Floor mats, carpeted front (Deleted when LPO floor liners are ordered.)
- Floor mats, carpeted rear (Deleted when LPO floor liners are ordered.)
- GMC Connected Access capable (Subject to terms. See onstar.com or dealer for details)
- Instrument cluster, 6-gauge cluster featuring speedometer, fuel level, engine temperature, tachometer, voltage and oil pressure
- Keyless open and start
- Mirror, inside rearview auto-dimming
- Power outlet, bed mounted, 120-volt (400 watts shared with (KI4) instrument panel mounted power outlet)
- Power outlet, front auxiliary, 12-volt
- Power outlet, instrument panel, 120-volt (400 watts shared with (KC9) bed mounted power outlet)
- Power outlet, rear auxiliary, 12-volt
- Radio, HD
- Rear seat reminder
- Remote vehicle starter system
- Seat adjuster, driver 10-way power including lumbar
- Seat adjuster, passenger 10-way power including lumbar
- Seat trim, Perforated leather-appointed front
- Seat, Up-level Rear with Storage Package, 60/40 folding bench for Crew Cab models, includes full-length bench seat, seatback storage on left and right side, center fold out armrest with 2 cupholders, full cab width under-seat storage, (includes child seat top tether anchor)
- Seating, heated driver and front outboard passenger
- SiriusXM Radio with 360L Equipped with SiriusXM with 360L. Enjoy a trial subscription of the All Access package for the full 360L experience, with a greater variety of SiriusXM content, a more personalized experience and easier navigation. With the All Access package, you can also enjoy your favorites everywhere you go, with the SiriusXM app, online and at home on compatible connected devices. (IMPORTANT: The SiriusXM radio trial package is not provided on vehicles that are ordered for Fleet Daily Rental (FDR) use. If you decide to continue service after your trial, the subscription plan you choose will automatically renew thereafter and you will be charged according to your chosen payment method at then-current rates. Fees and taxes apply. See the SiriusXM Customer Agreement at www.siriusxm.com for complete terms and how to cancel. All fees, content, features, and availability are subject to change. GM connected vehicle services vary by vehicle model and require active service plan, working electrical system, cell reception and GPS signal. See onstar.com for details and limitations.)
- Steering column, lock control, electrical
- Steering column, manual Tilt-Wheel and telescoping
- Steering wheel audio controls
- Steering wheel, heated
- Steering wheel, leather-wrapped
- Theft-deterrent system, unauthorized entry
- USB Ports, 2 also includes 1 SD card reader. With bucket seats, also includes auxiliary jack. USB Ports located in instrument panel with bench seat and inside console with bucket seats. With bench seat, SD card reader is located in the first row. (Bucket seats require (PCY) SLT Convenience Package.)
- USB ports, dual, charge-only (2nd row)
- Window, power front, passenger express up/down
- Windows, power front, drivers express up/down
- Windows, power rear, express down
- Driver memory recalls driver "presets" for power driver seat and outside mirrors
- Driver Information Center, 4.2" diagonal color display includes driver personalization
- Rear Seat Reminder
- Radio, HD
- Audio system feature, 6-speaker system
- 4G LTE Wi-Fi Hotspot capable (Terms and limitations apply. See onstar.com or dealer for details.)
- Air filter, high-capacity
- Air filtration monitoring
- Alternator, 170 amps (Requires (L8T) 6.6L V8 gas engine.)
- Battery, heavy-duty 720 cold-cranking amps/80 Amp-hr, maintenance-free with rundown protection and retained accessory power (Included and only available with (L8T) 6.6L V8 gas engine.)
- Brake lining wear indicator
- Brakes, 4-wheel antilock, 4-wheel disc with DURALIFE rotors
- Capless Fuel Fill (Requires (L8T) 6.6L gas V8 engine. Not included with (ZW9) pickup bed delete.)
- Cooling, auxiliary external transmission oil cooler
- Cooling, external engine oil cooler
- Differential, heavy-duty locking rear
- Engine, 6.6L V8 with Direct Injection and Variable Valve Timing, gasoline (401 hp [299 kW] @ 5200 rpm, 464 lb-ft of torque [629 N-m] @ 4000 rpm)
- Four wheel drive
- Frame, fully-boxed, hydroformed front section and a fully-boxed stamped rear section
- GVWR, 10,650 lbs. (4831 kg) (Included and only available with TK20743 model and (L8T) 6.6L V8 gas engine with 18 or 20 wheels, or TK20943 and (L8T) 6.6L V8 gas engine with 17 wheels.)
- In-vehicle Trailering App, System includes checklist, trailer maintenance reminders, trailer security alerts, trailer mileage, tow/haul reminder, trailer electrical diagnostics and Trailer Tire Pressure Monitor System module (Includes trailer tire pressure monitoring alert ONLY when (PTT) trailer tire pressure monitor system is factory ordered and sensors are installed. With (ZW9) pickup bed delete no provision for a trailer tire pressure monitor system will exist but all the other (U1D) features will remain.)
- Pickup bed includes bed assist step
- Rear axle, 3.73 ratio (Requires (L8T) 6.6L V8 gas engine.)
- Recovery hooks, front, frame-mounted, Black (Not included when (VQY) chrome recovery hooks, LPO are ordered.)
- Steering, Digital Variable Steering Assist This system automatically adjusts steering based on speed, road conditions, and other inputs to reduce driver effort and fatigue.
- Suspension Package (Not available with (X31) Off-Road Package.)
- Trailer brake controller, integrated
- Transfer case, two-speed active, electronic Autotrac with push button control (Requires 4WD models.)
- Transmission, 6-speed automatic, heavy-duty
- GVWR, 10,650 lbs. (4831 kg) (Included and only available with TK20743 model and (L8T) 6.6L V8 gas engine with 18" or 20" wheels, or TK20943 and (L8T) 6.6L V8 gas engine with 17" wheels.)
- Airbags, Dual-stage frontal airbags for driver and front outboard passenger; Seat-mounted side-impact airbags for driver and front outboard passenger; Head-curtain airbags for front and rear outboard seating positions; Includes front outboard Passenger Sensing System for frontal outboard passenger airbag (Always use seat belts and child restraints. Children are safer when properly secured in a rear seat in the appropriate child restraint. See the Owner's Manual for more information.)
- Daytime Running Lamps, LED signature lighting
- HD Rear Vision Camera
- Hitch Guidance dynamic single line to aid in truck trailer alignment for hitching
- Hitch Guidance with hitch view with Image adjustment, Pan/Zoom/Tilt
- OnStar and GMC connected services capable (Terms and limitations apply. See onstar.com or dealer for details.)
- StabiliTrak, stability control system with Proactive Roll Avoidance and traction control, includes electronic trailer sway control and hill start assist
- Teen Driver a configurable feature that lets you activate customizable vehicle settings associated with a key fob, to help encourage safe driving behavior. It can limit certain available vehicle features, and it prevents certain safety systems from being turned off. An in-vehicle report card gives you information on driving habits and helps you to continue to coach your new driver
- Tire Pressure Monitoring System with Tire Fill Alert (does not apply to spare tire)
Tech Specs
- Array
- SKID PLATES protect the oil pan front axle and transfer case
- SLT CONVENIENCE PACKAGE includes (A50) bucket seats with (D07) center console (KQV) ventilated front seats (A48) rear sliding power window (UG1) Universal Home Remote (MCR) USB Ports (Inside Console with bucket seats) (MCZ) 2 USB ports with auxiliary input (U01) Roof Marker Lamps; also includes (KA6) rear heated seats
- SLT PREFERRED EQUIPMENT GROUP includes standard equipment
- AUDIO SYSTEM PREMIUM GMC INFOTAINMENT SYSTEM WITH 8 DIAGONAL COLOR TOUCH-SCREEN includes multi-touch display AM/FM stereo Bluetooth streaming audio for music and most phones; featuring Android Auto and Apple CarPlay capability for compatible phones advanced voice recognition in-vehicle apps personalized profiles for infotainment and vehicle settings (Includes (PZ8) Hitch Guidance with hitch view.) (STD)
- CENTER CONSOLE FLOOR-MOUNTED with cup holders cell phone storage power cord management hanging file folder capability
- LPO HITCH PACKAGE Gooseneck ball and chain tiedown kit with case
- TRAILER TIRE PRESSURE MONITOR SENSORS includes set of 4 sensors. Sensor functionality requires (U1D) In-vehicle Trailering App to be ordered with the vehicle and installed by the factory. Sensors will be shipped loose with the truck and will need to be installed on trailer by customer. System is capable of monitoring up to 6 wheels. Additional or replacement sensors are available through GM Accessories
- SEATS FRONT BUCKET with center console
- GOOSENECK / 5TH WHEEL PREP PACKAGE -- HITCH PLATFORM TO ACCEPT GOOSENECK OR 5TH WHEEL HITCH. Includes hitch platform with tray to accept ball stamped bed holes with removable caps installed and bed mounted 7-pin trailer harness (similar to UY2 harness).
- WINDOW POWER REAR SLIDING with rear defogger
- BED VIEW CAMERA camera in the CHMSL to show a view of the cargo bed includes Two Trailer Camera Provisions
- X31 OFF-ROAD PACKAGE includes (JHD) Hill Descent Control (NZZ) skid plates Off-Road suspension Twin-tube Rancho shocks and X31 hard badge
- ENGINE DURAMAX 6.6L TURBO-DIESEL V8 B20-DIESEL COMPATIBLE (445 hp [332 kW] @ 2800 rpm 910 lb-ft of torque [1220 Nm] @ 1600 rpm) (Includes (K05) engine block heater.)
- WHEELS 18 (45.7 CM) 6-SPOKE MACHINED ALUMINUM with high gloss Black accents (STD)
- PICKUP BED includes bed assist step (STD)
- BED LINER SPRAY-ON PICKUP BEDLINER WITH GMC LOGO (does not include spray-on liner on tailgate due to Black composite inner panel)
- GOOSENECK / 5TH WHEEL PACKAGE includes (Z6A) Gooseneck / 5th Wheel Prep Package. (Includes (CGN) spray-on bed liner and (UVN) Bed View Camera.
- Tow Hitch
- Running Boards/Side Steps
- Locking/Limited Slip Differential
- Four Wheel Drive
- Tow Hooks
- 4-Wheel Disc Brakes
- Aluminum Wheels
- Tires - Front All-Terrain
- Tires - Rear All-Terrain
- Conventional Spare Tire
- Daytime Running Lights
- Fog Lamps
- Heated Mirrors
- Power Mirror(s)
- Integrated Turn Signal Mirrors
- Power Folding Mirrors
- Privacy Glass
- AM/FM Stereo
- MP3 Player
- Bluetooth Connection
- Auxiliary Audio Input
- Smart Device Integration
- HD Radio
- Satellite Radio
- Requires Subscription
- WiFi Hotspot
- Leather Seats
- Power Driver Seat
- Driver Adjustable Lumbar
- Power Passenger Seat
- Passenger Adjustable Lumbar
- Heated Front Seat(s)
- Mirror Memory
- Seat Memory
- Pass-Through Rear Seat
- Floor Mats
- Leather Steering Wheel
- Heated Steering Wheel
- Steering Wheel Audio Controls
- Adjustable Steering Wheel
- Power Windows
- Power Door Locks
- Keyless Entry
- Keyless Start
- Remote Engine Start
- Cruise Control
- Security System
- Power Outlet
- Climate Control
- Multi-Zone A/C
- Rear Defrost
- Auto-Dimming Rearview Mirror
- Traction Control
- Stability Control
- Driver Air Bag
- Passenger Air Bag
- Front Side Air Bag
- Front Head Air Bag
- Rear Head Air Bag
- Passenger Air Bag Sensor
- Telematics
- Back-Up Camera
- Tire Pressure Monitor
- Passenger Air Bag On/Off Switch
- 8 Cylinder Engine
- Turbocharged
- Diesel Fuel
Customer Reviews
Tows excellent , rides great, best transmission in its class, pure enjoyment . I own several and there isn¿t a better option for me. My wife thinks the color scheme is the best.Read more reviews at Cars.com
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Why Choose Carl Black Chevrolet Buick GMC Kennesaw
The team at Carl Black Chevrolet Buick GMC Kennesaw is dedicated to providing you with the absolute best customer service possible. From the minute you step inside our showroom our professional staff will focus on your priorities and preferences so that we can suggest the right car for your individual situation and needs. We're aware that the car-buying experience hasn't always been a pleasant one, so our goal is to make the process as easy and stress-free as possible for you.
New vehicle pricing includes all offers and incentives. Tax, Title and Tags not included in vehicle prices shown and must be paid by the purchaser. See dealer for details. While great effort is made to ensure the accuracy of the information on this site, errors do occur so please verify information with a customer service rep. This is easily done by calling us at (888) 457-2417 or by visiting us at the dealership.
Prices do not include government fees which include tax, tag, title and WRA (Warranty Rights Act) fees. Sale Price does not include dealer installed options. All pricing, vehicle information, and availability are subject to change without notice. All offers and vehicle pricing are before tax, tag, title, mv rights act fee, and license. Out of state buyers are responsible for all state, county, city taxes and fees, as well as title/registration fees in the state that the vehicle will be registered. All prices and offers include all rebates and incentives which the dealer retains unless otherwise specifically provided. Dealer not responsible for errors and omissions; all offers subject to change without notice. Contact dealer for the most current information.
Some vehicles listed on this site may not be physically located at this dealership and may be available for transportation. Transportation costs (if any) may not be included. Please verify availability and pricing by contacting us at: (888) 457-2417.


text:
Agenda and minutes
Venue: Board Room 2 - Brent Civic Centre, Engineers Way, Wembley HA9 0FJ. View directions
Contact: Peter Goss, Democratic Services Manager Email: email@example.com 0208937 1353
Apologies for absence
Received from Bola George. Francesca Hammond was in attendance to represent her.
Declarations of interests
Members are invited to declare at this stage of the meeting, any relevant financial or other interest in the items on this agenda.
None declared.
Minutes of the previous meeting PDF 62 KB
that the minutes of the meeting held on 7 July 2015 be approved as an accurate record of the meeting.
Matters arising
Communication of Pension Board business back to employees and scheme members
Members asked that inclusion of an explanation of the Board's establishment and role in the pension newsletter be pursued and circulated to Board members.
Capita's LGPS pension administration performance 2015 PDF 271 KB
This report reviews the performance of the Capita Employee Benefits against the contract year during October 2014 – September 2015.
The Board considered the report on the performance of Capita Employee Benefits against the contract year October 2014 to September 2015, the fourth year of a six year contract. The Board was advised that performance for the period had been unsatisfactory but that it had since improved. The Chair recognised the failings and remarked on how well these had been handled in discussions with Capita. With reference to paragraph 3.2.5 of the report, it was explained that consideration would be given to reporting the lateness of providing complete Annual Benefit Statements to the Regulator once all the outstanding issues had been resolved. Euton Stewart pointed out that scheme members affected should raise the issue with their Trade Union.
The Chair thanked the HR Director and her staff for their work in dealing with this serious situation. He asked that the matter be kept under review and that referral of the matter to the Regulator be actively considered.
that the report submitted be noted and that a follow-up report be submitted to the next meeting of the Board reviewing the performance and progress made by Capita.
LGPS pension related complaints PDF 106 KB
This report details Local Government Pension Scheme (LGPS) pension related complaints under the council's Internal Dispute Resolution Procedure (IDRP) including those escalated externally to the Pensions Ombudsman Service.
The Board considered the report which detailed the Local Government Pension Scheme (LGPS) pension related complaints under the Council's Internal Dispute Resolution Procedure (IDRP) and those escalated to the Pensions Ombudsman Service.
The Board was re-assured that whilst there was the possibility of one further complaint being referred to the Ombudsman, the IDRP was dealing with the majority of complaints.
that the report be noted and a similar report be submitted to the Board in one years' time unless any referral of a complaint to the Ombudsman requires the Board to consider the matter at an earlier time.
Brent Pension Fund - Annual Report and Accounts 2014/15 PDF 1 MB
The Board considered the Annual Report and Accounts of the Brent Pension Fund for 2014/15.
Board members asked questions arising from the report concerning accounting methods, investment performance an strategy and the number of active employers. The Chair explained that the Council's Finance Director has offered to receive questions from Board members outside the meeting and ensure answers were copied to all Board members.
that the Annual Report and Accounts be noted.
Appointment of employer representative
The Board was informed that a further offer to employers had been made to nominate a representative to serve on the Board. It was hoped this would bring forward a volunteer.
The absence of Trevor Dawson, a pension scheme member representative was noted and the Board requested that he be contacted to ascertain his future participation.
that should Mr Trevor Dawson be no longer able to serve on the Board, officers be delegated to pursue his replacement.
The Chair proposed the following work plan:
- Update on performance of Capita
- Discussion around a training strategy for the Board
- Consideration of the risk and administration strategy as set out in the Brent Pension Fund Annual Report
- Progress on the results of the Actuarial Review (to July 2016 meeting)
- Consideration of development of the role of the Board arising from the Brent Pension Fund Annual Report and draft annual accounts
- Complaints
Date of next meeting
The Board is invited to select a date for its next meeting.
Dates for meetings of the Board would be included in the Council's calendar of meetings for 2016/17 and it was requested that the next meeting be in July 2016.
Any other urgent business
Notice of items to be raised under this heading must be given in writing to the Head of Executive and Member Services or his representative before the meeting in accordance with Standing Order 64.

subset: commoncrawl


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'The first time I heard it, Irene Diaz's voice stopped me cold: Her sheer power belies her compact stature, and her musical impact is simply immense.' Felix Contreras (Alt.Latino) It's true that Irene Diaz captivates every audience with her powerful, soulful voice and heartfelt lyrics. Irene has been playing music since she was 7 years old. Mastering piano and then guitar; but her greatest instrument is her voice. With no formal training, Irene found singing to come naturally to her. NPR's Jasmine Garsd says, 'You can't fake the soul and Irene is so believable in her emotion.' Her Kickstarter backed 2013 debut EP, "I Love You Madly", showcased Diaz's musical style and ability to crossover effortlessly into different genres of music ranging from Jazz to R&B to Folk. Over the years Diaz has pushed herself to evolve, combining looping keyboards and drum beats to go along with her shining, standout voice. With new music on the way we will still hear Ms Diaz stretching across genres, but with POP hooks and electronic sounds. There will surly be something for everyone. Irene Diaz will release her first single off her new album, Lovers and Friends, Fall of 2019.
Cosmica Artists
Gil Gastelum
Ariana Puente


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The most important thing for us is that you have fun when you cook with us. We want you to learn the art of Thai cooking in a relaxed environment and learn how to put together a beautiful Thai meal. You will be spending your day in a Thai-style open-air cooking area learning how to cook your favorite Thai dishes.
You will learn how to cook one of these menus.
Please note that the menu is subject to change at the discretion of Baipai Cooking School
Menu D1:
Menu 4A:
Menu D3:
Menu 6A:
Menu M1:
Menu D2:
Menu 5:
Menu M3:
From Monday to Saturday
Morning class:
Afternoon class:
Free Shuttle pickup service is included for most hotels in Bangkok center area such as Silom, Sathorn, Siam and Sukhumvit (Asok to Siam).
Please add the hotel address on the details page.
Vous recevrez la confirmation de votre réservation dans les 24 heures suivant votre demande. Une fois confirmée, veuillez présenter votre numéro de référence à l'école de cuisine.
Full refund will be issued for cancellation made at least 48 hours prior to the activity
8/91 Ngam Wongwan Road, Soi 54 Ladyao, Chatuchak, 10900, Bangkok


text:
I'd put a couple of posts on the blog from what I wrote for NaNo – simplifying what I had for NaNo greatly – but I've looked at the notebook again this morning – well, I've looked at it a few times, and couldn't make head nor tail of most of it – I was looking for parts that I could edit – it doesn't work that way for me.
In what I did post, I missed out that the old woman had come from the mountains that were behind her when she was crossing the plain – where else could she have come from?
I'd missed out that authorial, as I'd come to see it, 'stage-direction' – 'where else could she have come from?'
But I hadn't looked at what I had called 'Preface', and which I will now, I think, call 'Frontispiece' – that led into this idea of the story opening up through the author in some way – I included in the first NaNo manuscript some paragraphs that had 'leaked' into autobiographical posts in – an earlier manifestation of my blog.
And – you have to, I think (and there was a time when I didn't think this), start from the beginning – wherever your beginning happens to be – and work through from there.
In the past, I've tried to 'patch in' in the middle of scenes and so on – that I couldn't do at the time – but the 'patched-in' parts never fitted properly.
And the quality of my writing changes over time.
I think, if I seem to be at a dead end with something, I shouldn't leave it, go further on in the story, with the idea of going back to it – cut, instead.
This is where my thoughts are at the moment.


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Salvage Sister Workshops
May 17, 2018
We are very excited for this to happen!
Our dear friend, and fellow upcycler, Charis Williams, AKA The Salvage Sister - please go check her out - is coming here to lead workshops in June!
Tickets will be available through her website soon, but for now sign up to her mailing list so you don't miss the ticket launch here - http://eepurl.com/dhlQTb
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Unique articles, stories, reviews, and op-eds, for when you want more than just medium.
Enjoy content designed to inform, entertain, and inspire readers, while, engaging, motivating, encouraging, and above all, uplifting .
I write for Medium.com and I know many readers appreciate the popular site. But sometimes it's nice to enjoy a break now and then, and consume something a little more than just medium.


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OiOi Bamboo
or make 4 interest-free payments of $17.49 AUD fortnightly with More info
Luxurious, lightweight and breathable - our gorgeous Mama Robes are perfect for matching with our Cityscape babywear & PJs! The strategically placed ties are perfect for your growing belly and will cause no peek-a-boos.
- ¾ sleeve & worn above the knee
- Adjustable security ties inside & out
- Transitional through all stages of motherhood
- 2 deep side pockets
- 95% Rayon from Bamboo, 5% Spandex
- Comes in a matching reusable drawstring bag
Model wears size M
- Wash before wear
- Cool machine wash
- Do not bleach
- Do not tumble dry
- Warm iron on the reverse side
Rayon from Bamboo is known to be lightweight, breathable and extra buttery soft for your skin. It is hypoallergenic, allowing moisture to evaporate and dry quickly.
Its lush texture makes it a favourite among all ages. Its natural weave makes it stretchy enough for a nice snug fit, yet comfortable for all-day wear.
Please note items purchased on SALE are non refundable or exchangeable.
OiOi take extreme care in ensuring our goods are of the highest quality, so if you find a fault with one of our products we will review the issue as soon as possible and if found faulty, we will replace it for you. If the issue is deemed wear and tear or misuse, the warranty does not apply. OiOi offers a lifetime warranty on manufacturing faults.
Please allow up to 5 business days for us to receive your return.
The below information was last updated on the 23rd of March 2020
We ship all online orders next business day & they are packed with love by two family members. For those who have selected Express Shipping, we take it to our local Australia Post office on the same day unless they have closed for the day.
We offer the following shipping rates:
Free Shipping Australia Wide for all orders over $60. Orders below this threshold will be charged a flat rate of $7.45.
Free Shipping Worldwide for all orders over $150. Orders below this threshold will be charged a flat rate of $15.
Lifetime warranty on manufacturing faults
OiOi take extreme care in ensuring our goods are of the highest quality, working closely with boutique factories in China who follow strict ethical standards. We're also very proud of the fact that these factories are run by women!
We have complete confidence in the high quality of our designs which is why we offer a lifetime warranty on manufacturing faults.


text:
I consigli della gente del luogo sulle migliori caffetterie
"Absolute must do in summer! This is an amazing rooftop bar on the TU (Technical University). Good prices, amazing view and atmosphere! When you walk into the building, immediately take a left and walk along the corridor to the very end. There take the elevator to the top. 6min walk."
- Consigliato da 133 persone del luogo
"Just a great small coffee bar with tasty pastry and different healthy snacks. Very nice atmosphere."
- Consigliato da 64 persone del luogo
"Just across the street at the corner you will find this cozy café, also has tables outside in summer. Looks like granny's house! They offer a great breakfast and it's just a 2min walk! Also a nice bar in the evening."
- Consigliato da 50 persone del luogo
"interesting interior design, comparatively cheap, great cakes, lots of hot chocolate, great brunch"
- Consigliato da 52 persone del luogo
"something between restaurant and café, kind of alternative, very tasty breakfast and coffee. go early or expect to wait for a table - they are usually full."
- Consigliato da 44 persone del luogo
"One of the most popular cafés in Munich! Situated on the beautiful square "Gärtnerplatz" they offer an amazing breakfast. Always crowded, you might need to wait a little. Worth going all day long though - also offer great food and drinks to chill."
- Consigliato da 38 persone del luogo
"The restaurant and cafe "Glockenspiel" is hard to find but after finding it you can enjoy a great view over Marienplatz while enjoying a cake."
- Consigliato da 50 persone del luogo
" DE: Marokkanisch Bayerisches Café mit lecker Frühstück. Unter der Woche auch um 8:30 Uhr offen. EN: Moroccan bavarian cafe: Nice breakfast. Open at 8:30 on the weekdays"
- Consigliato da 31 persone del luogo
"Here you get the most delicious breakfast! Small or big size, they have everything:-) "
- Consigliato da 26 persone del luogo
"A spa and family resort offering swimming, saunas and therapy. There is also a restaurant. www.rupertustherme.de"
- Consigliato da 16 persone del luogo
Surf Spot
"Viele Aktivitäten die man Indoor & Outdoor machen kann. | A lot of activities for indoor & outdoor in this area."
- Consigliato da 3 persone del luogo
"Great little Italian place, both for breakfast and dinner. Can be very full at night, but very authentic and amazing food!"
- Consigliato da 33 persone del luogo
"Definitely go here! It's a ship laying on a bridge which functions as a bar, beergarden, party place and more. Also great food you will find here. "
- Consigliato da 26 persone del luogo
""Friendly, traditional Austrian coffee house by the river with a nice view over the city. Come early to get a space on the terrace or enjoy the art deco atmosphere inside. They also have yummy breakfast from 7.00 to 11.00""
- Consigliato da 22 persone del luogo
"Perfect Breakfast/ Brunch place in Munich, you have to make a reservation; "
- Consigliato da 27 persone del luogo
"Next to your accommodation! The best and nearest place to get breakfast. PLUS they have "long sleeper breakfast" till 17 o'clock."
- Consigliato da 30 persone del luogo


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Dallas Restaurant Guide
- recommended
- critics' pick
- essentials
- best of
2 restaurants found
The Austin import, which also has locations in Houston and Denver, is almost daunting in its reputation for rigorous high-end Japanese cooking. But Uchi's...
2633 McKinney Ave., Ste. 140
Dallas, TX 75204
Quite possibly Dallas' best sushi bar, Yutaka has been an Uptown staple since 2006. Chef-owner Yutaka Yamato oversees a mouthwatering list of fresh sushi and...


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Silicone Close Domes Ear Tip Thick Tube Brush Accessories For Close BTE Hearing Aid
We supply Silicone Close Domes ear tip thick tube brush accessories from Xiamen, Fujian, China. Details are as follows:
Place of Origin: Xiamen, China (Mainland) BTE Hearing Aid, Close Domes Ear Hearing Aid,Ear Tip Thick Accessories,Domes Hearing Aid
Brand Name: MeloSound
Feature: soft, conform to ergonomics
Color: White
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Open dome diameter-middle: 12mm
Open dome diameter-large: 14mm
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Usage: working as hearing aid ear tips
material: Silicone
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Packing: 100pcs in a poly bag
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text:
Chandice Covington
Dean of Martin-Herold College of Nursing
- PhD University of Michigan
- MSN University of Texas
- BSN University of Texas
Dr. Chandice Covington is a board-certified, primary care pediatric nurse practitioner. Her research interests include improving the health of women, children, and families in domestic and global settings.
With 45 years of professional experience, Dr. Covington most recently was a professor of nursing at Linfield College School of Nursing in Portland, Oregon. Previously, she was a pediatric nurse practitioner at Fort Peck Reservation Tribal School Clinics in northeast Montana. Dr. Covington has two prior dean appointments, serving as dean and vice president of Kaplan University School of Nursing, and dean and professor at the University of North Dakota College of Nursing & Professional Disciplines.
A fellow in the American Academy of Nursing, she earned her Doctor of Philosophy in clinical nursing research from the University of Michigan, and her Master of Science in Nursing and Bachelor of Science in Nursing degrees from the University of Texas.Her extensive teaching experience also includes positions at University of California at Los Angeles, Wayne State University, the University of Texas at Dallas, University of Michigan, and Northwestern State University.
Dr. Covington has authored more than 70 peer-reviewed publications funded by organizations such as the F. Marie Hall Foundation, National Institutes of Health, the Bill & Melinda Gates Foundation, the Elizabeth Glaser Pediatric AIDS Foundation, and the National Cancer Institute. Most recently, she was an investigator on a project to develop an at-breast feeding device to prevent breastmilk transmission of HIV to infants.


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Perform Various Gmail Operations
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" As first time home buyers, we were very nervous entering the market at a time when things seemed to be so uncertain. Everyone at the Emilson Group was extremely understanding and patient and did all they could to make this big step as easy as possible."
– Amanda & David
Wherever you are in the buying process, we work with you to help you get where you want to go. As your real estate advisors, your needs are our priority. We will consult with you on where—and where not—to buy in Toronto, and will set you up with the professional services you need to help you get going.
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"Jim was helpful in providing guidance on areas of Toronto in which we should look…he assisted us in those early stages without any pressure and we quickly realized he was the best person to represent us"
– Karen & Jon


text:
photo: Mira Svanered
I'm a vintage fashion nerd turned textile artist, a day dreamer and color lover aiming to create textiles that will last. I was born in northern Sweden 1990, now living in Stockholm.
I work from a studio in Årsta, outside Stockholm and I'm one of seven members in the weaving collective Studio Supersju.
I studied at Handarbetets Vänner 2013 -2016, a school focusing on hand weaving, dyeing and needle work since 1879. After graduation my first projects included creating costumes for the touring show "Fäboland" (Riksteatern) and three months working as a "Design Intern" for US based company Manos Zapotecas (now MZ Fairtrade) in Oaxaca, Mexico.
My months in Oaxaca made a big impact on me, allowing my admiration for the ancient craft of weaving to evolve even more. To meet and work alongside master weavers of the Zapotec people in Teotitlán del Valle was an experience I'm eternally grateful for. The landscapes and colors, music, culture and food also made a lasting impression. During my internship I helped create a new collection called "MZ Indigo", using only yarn naturally white + dyed with natural indigo. The collection sold out and was followed by a collection using only natural cochineal.
Since I was a kid, I've always felt a need for expressing myself through clothing. Combined with a big interest for history and the love for 1920s - 1960s music and dancing, this merged into what is known today as a "vintage lifestyle". In my work as a textile artist, this shows in inspirations from what I think is the golden era of design - late 1940s to early 1960s. Add to that events and feelings of present daily life + my big love for nature, from my home landscapes of northern Sweden's "high coast" to the open desert spaces of western USA, and you have the full messy mix of what I am and do.
From march 2019 I am 100% freelance, mixing my studio work with vintage hairstyling workshops, bridal/special occassion hair appointments, giving lectures at schools and weaving associations and writing features for magazines such as Scandinavian Retro and American Trails Magazine.
In march 2020, I am releasing a brand new book on weaving together with my Studio Supersju colleague and co-writer Arianna E. Funk. We're honored and very happy to work with Natur & Kultur, a publishing house well known for their true appreciation of books and it's continous role in a modern world. After years of collecting and using weaving books from the passed we're very excited to bring something a little new to the table!
STUDIO SUPERSJU @ Västernorrlands museum 21 mars - 20 augusti
RELEASE "Att Väva" 27 mars
En ny handbok i vävning av Miriam Parkman och Arianna Funk, läs mer här.
Contact me
Copyright @ All Rights Reserved


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March 2009 RVC Column
(Written and posted 02/10/09)
Northwest Passages
RVC Column for March Newsletters in Region 8
by John Recht, Region 8 RVC
As I said in my December column, the AMC has taken a giant leap forward in the strategic planning process this term, and the momentum of our efforts continues to build. At this time the Planning Committee is taking comments and suggestions about the draft Strategic Plan, which we hope to have approved by the AMC at our March meeting. Following the approval of the Strategic Plan, we will take additional steps to change the way we operate so that the board of directors will be spending a great deal more time making knowledge-based strategic decisions, and a lot less micromanaging and engaging in what has been called "administrivia."
Here is how you can help, right now. Please read the draft Strategic Plan that follows, and then send me your comments and suggestions at firstname.lastname@example.com. I will incorporate your ideas in our Planning Committee discussions and make sure that we do not overlook any issues of importance to the membership as we follow the plan. Visit www.us.mensa.org/planning to find out more about our strategic planning efforts. Thanks for your help with this important work and for your continued support to keep Mensa healthy and growing stronger.
Create a stimulating intellectual and social environment for the most intelligent people.
To identify and foster human intelligence for the benefit of humanity by encouraging research in the nature, characteristics and uses of intelligence and by providing a stimulating intellectual and social environment for its members.
(Core values are essential and enduring tenets of the organization — a small set of timeless guiding principles.)
Intelligence benefiting humanity:
Demonstrated by support of initiatives that advance the use of intelligence in solving problems and seizing opportunities.
Valuing ideas and individualism:
Demonstrated by celebration of the power of differing views, admiration for independent thought, and appreciation of well-intentioned and informed criticism.
Intellectual integrity:
Demonstrated by organizational dedication to ethical, truthful and evidence-based decision-making.
Demonstrated by commitment to providing opportunities for fellowship among a global community of common interests.
To be widely recognized as the premier community for intelligent people seeking intellectual challenge, respect for intelligence and the opportunity to collectively benefit humanity.
STRATEGIC OUTCOMES (Goals)
1. MEMBERSHIP: American Mensa will be a thriving, progressive organization with members who find participation rewarding and valuable.
A. Increase membership numbers.
B. Increase member satisfaction (recognition, products, services).
C. Increase diversity within the membership.
2. GOVERNANCE: The association will be structured, governed and managed efficiently, effectively and with transparency.
A. Increase understanding about roles, responsibilities and relationships among the board of directors, committees, National Office staff and Local Groups.
B. Eliminate unhealthy conflict within the board.
C. Decrease barriers to effective work and decision systems.
3. LEADERSHIP DEVELOPMENT: Leaders at every level will feel confident in their roles and will practice inspired leadership.
A. Increase the numbers of members willing to serve in elected and appointed positions.
B. Improve leader effectiveness and confidence.
C. Attract younger members to leadership roles.
4. PUBLIC AWARENESS: American Mensa will be recognized as an intellectually stimulating organization whose members use their intelligence to better their communities.
A. Decrease incorrect use of the Mensa brand.
B. Raise public awareness about the mission of American Mensa.
C. Increase the prestige of being a member.
5. FINANCE: Sufficient funds will exist for American Mensa to accomplish its goals.
A. Increase non-dues revenue.
B. Decrease the financial burden of protecting the Mensa name and marks internationally.


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Mara Blakslee was awarded ASU Alumni Association Medallion Scholarship and selected to participate in the Leadership Scholarship Program.
Mara was awarded the $3,600 renewable annual ASU Medallion Scholarship which is one of the most competitive scholarships awarded by ASU. She was also nominated by Metro Arts for the Leadership Scholarship Program (LSP), and was one of only 25 students selected for this program which includes a four-year full ride scholarship.
Read More »
Read More »


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i GENERAL OVERVIEW
Over the past 18 years, Mexico's private equity (PE) industry has raised over US$56 billion in capital commitments to PE investments, according to the Mexican Private Equity Association (AMEXCAP).2 Mexico's strong industrial and manufacturing sectors along with recent reforms to policies and regulations have had a positive impact on the PE industry, resulting in double-digit annual growth for the industry.3 Real estate and venture capital (VC) also had double-digit increases in the same period, of 16 per cent and 12 per cent respectively.4 Currently, the number of active fund managers has reached over 180, with fund managers, or general partners (GPs), active across a range of sectors, and representing a sevenfold growth since the beginnings of the industry in the early 2000s.
In 2015, Mexico outpaced Brazil to become the most popular destination country for private equity vehicles in Latin America.5 According to the Emerging Market Private Equity Association (EMPEA), Mexican dedicated private equity vehicles went from raising a modest US$152 million in 2008 to US$2.1 billion in 2015. While a decrease has been recorded over the past two years, in terms of capital deployed, Mexico is still placed second, behind Brazil, and accounted for 22 per cent of investment in the region, according to the Latin American Private Equity and Venture Capital Association (LAVCA).
According to the Secretariat of Economy of Mexico, Mexico is one of the world's most globalised countries, with 12 free trade agreements spanning 46 countries; nine partial-scope and economic complementation agreements within the framework of the Latin-American Integration Association (ALADI); membership of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP); and 32 reciprocal promotion and protection-of-investments agreements, with 33 countries. Mexico's diversified export line is ranked 15th in the world and it is the seventh-largest car manufacturer in the world,6 with the third-largest growth in exports within the automotive industry.7 Mexico actively participates in multilateral and regional organisations and forums, such as the World Trade Organization, the Asia-Pacific Economic Cooperation, the Organisation for Economic Cooperation and Development and the CPTPP.
In recent years, the Mexican government has been an important participant in and supporter of the PE industry, investing in more than 72 funds8 through institutional investors such as NAFIN (the national development bank), the Capitalization and Investment Fund for the Rural Sector, Bancomext and Banobras, and through investment vehicle Corporación Mexicana de Inversiones de Capital, SA de CV, or Fund of Funds, which has invested more than US$885 million in more than 84 funds and co-invested in 17 deals.9 In addition, the National Institute of Entrepreneurship has helped the Mexican venture capital (VC) industry and seed capital ecosystem, by investing or co-investing in 41 funds from 2013 to 2016. For 2016 the VC support changed to 100 million Mexican pesos, targeting one fund with an approach to the Asia-Pacific alliance countries, which is now finishing its fundraising period. Finally, domestic pension funds (AFOREs) have played a determinant role in the growth of the PE industry, having allocated more than US$20.4 billion through 106 capital development certificates (CKDs) and investment project certificates (CERPIs) since 2008. This amount may increase by a further US$5 billion, given the CKDs that are in the pipeline. Mexico is seen as one of the most favourable emerging markets to invest in, and is considered top in Latin America according to various limited partner (LP) surveys, such as those conducted by the Association for Private Capital Investment in Latin America in 2014 and 2015, and by the Emerging Markets Private Equity Association in 2015, 2016 and 2017.10
The Mexican economy performed better than expected during 2018, with annual gross domestic product (GDP) growth of 2.3 per cent,11 despite the victory of leftist López Obrador in the presidential elections and the announcement of the cancellation of the construction of the New International Airport for Mexico City, currently the most important infrastructure project in Mexico. Notwithstanding the above, Mexico is placed as the second-largest economy in Latin America (with an estimated GDP of US$1.14 trillion). Mexico is considered to have economic stability, with conservative but still-rising growth rates. The Mexican economy has been growing at an average rate of 2.5 per cent for the past 10 years, mainly because of the implementation of new regulations to improve development, sensible monetary and fiscal policies, ordered management of public finances led by the Bank of Mexico, and a gradual improvement in the country's external environment. However, policy uncertainty and the continuing prospect of subdued investment are expected to keep growth at a moderate 2 per cent in 2019, despite the decrease in trade-related uncertainty following the announcement of the United States–Mexico–Canada Agreement signed on 30 November 2018.12 The World Bank suggests Mexico might be the seventh-largest economy by 2050 – a positive outlook that will only serve to attract direct foreign investment.
The PE industry and the VC sector in Mexico continue to grow and mature. The internationalisation of both funding sources and investment by domestic GPs suggests that Mexico is playing an increasingly influential role in financial and economic growth, at both the regional and global levels. Within VC alone, Mexico has witnessed the number of GPs triple in the past six years. The policies being implemented in Mexico, particularly the opening-up to competition of the energy and telecommunications sectors, and labour market reforms, have been welcome steps to attract investment and raise employment and, potentially, growth.13 This is evidenced by the extent to which infrastructure and energy funds have also increased significantly, reaching 30 funds in 2016 – a clear effect of the energy reform allowing private investments in the energy sector, including oil and gas, electric power generation and renewable energy. As at October 2017, an estimated US$25 billion in cash reserves were available for investment by PE funds investing in Mexico.14
Likewise, accumulated capital commitments from 2017 to September 2018 increased 2.2 per cent (US$37 million); more than half of last year's fundraising activity took place in the closing quarter of the year. In addition, these capital commitments were mainly concentrated on the first VC funds.15 As at September 2018, six new Mexican funds had been formed, bringing the number of funds operating in Mexico to 118, of which 63 per cent are specific to seed capital stages.16
In general, information about PE funds is not publicly available during the fundraising stage, unless the funds are public funds raised in the securities market, such as CKDs, CERPIs or Mexican real estate trusts (FIBRAs).
The Mexican fundraising market has, since 2014, been in an upward trend. In the past years the most attractive sector has been real estate, but recently the VC sector has clearly been rising. Mexican PE funds are active, growing and covering a larger spectrum of industries (business and financial services, consumer goods, healthcare, technology, oil and gas, etc.). VC funds mainly invest in consumer services, fintech and technology; real estate funds mainly target the industrial (mostly automotive, aerospace and pharmaceutical), commercial, tourism and housing sectors; and the infrastructure and energy funds are currently concentrated in the oil and gas sector. In March 2018, the Law Regulating Financial Technology Institutions (the Fintech Law) was enacted, providing for regulation of, among other things, electronic payments, cryptocurrency transactions and crowdfunding mechanisms. The Mexican fintech industry has shown an annual growth rate of 40 per cent, with a particular increase in the retail, technologies, trading and capital markets sectors.17 Recent reports have highlighted the high growth rates of fintech in Latin America, such as LAVCA's '2017 Trend Watch: Latin American Venture Capital', which concluded that the fintech sector represents 25 per cent of the venture investments in information technology in the region. Moreover, according to 'Fintech Radar Mexico', conducted by Finnovista in August 2018,18 238 Mexican fintech start-ups have been identified across 11 different segments, which represents a growth in the number of fintech start-ups of 50 per cent since August 2016; in only a year more than 100 new fintech start-ups have been created, which positions Mexico as the second-largest fintech hub in Latin America, in part because of a strong presence of entrepreneurship and e-commerce. In 2017 alone, a total of US$62.9 million was invested in 15 start-ups from the fintech industry (such as Abra, a mobile money start-up that uses the technology behind bitcoin, and Pangea Money Transfer, an app-based cash transfer service targeted at the US$25 billion Mexicans in the United States send home every year) and all these start-ups were invested in by Monterrey-based Ignia. These results emphasise the importance and the possibilities of fundraising and VC investment in the development of the fintech ecosystem in Mexico. As the fintech industry represents a massive potential growth area in Mexico, the government has passed legislation that seeks to ensure financial stability and provide a defence against money laundering and corruption.
As mentioned above, Mexican VC has grown significantly, reaching US$1.71 billion in accumulated committed capital over the past 10 years.19 Mexico's VC sector is now an attractive market in which to invest, with 63 active Mexico-based fund managers and 50 foreign GPs who performed at least one transaction in the past four years. In the same vein, AMEXCAP registered 973 VC transactions for a total of more than US$1 billion invested from 2009 to September 2018 and, on the liquidity side, noted 13 exits during 2018. The growth seen in 2016 remains the industry record, with the largest number of transactions and representing US$209 million of capital invested.
In the past 18 years, foreign funds have only contributed approximately 10 per cent of the total accumulated capital commitments in the Mexican VC industry. However, as the number of foreign and domestic GPs increases, the activity of foreign funds is expected to increase in the Mexican VC industry.
The energy reform, which ended a 70-year chapter of restrictive laws, and dismantled the state monopoly, in the oil and gas and electricity sectors, has opened up investment and the participation of private and foreign companies, including PE funds, in these industries. The Federal Electric Commission (CFE), in conjunction with the Ministry of Energy, has developed a strategy to increase gas transportation capacity through an expansion of the pipeline network to ensure gas supply for power generation. As at September 2018, there are more than 25 CKDs investing in the infrastructure and energy sectors, which have raised over 123 billion pesos.20
This constitutional and statutory reform continues to restructure the Mexican energy industry (some say creating it), setting out the framework for the participation of private investment not only in connection with hydrocarbons (including upstream, midstream and downstream activities) but also concerning the electricity industry. The implications for Mexico's PE industry are considerable, especially now that the attention has shifted to its implementation. PE funds are able to participate in the oil industry by investing in, or lending to, companies or consortiums of companies bidding in public tenders issued by the Ministry of Energy through the National Hydrocarbons Commission, for the exploration and production of new oil fields, and the Energy Regulatory Commission, in relation to other energy matters. Considerable numbers of opportunities are starting to arise in any business relating to companies participating in midstream and downstream activities, such as petrochemicals and other transformations of hydrocarbons, and in the transportation of oil and gasoline. According to AMEXCAP, Mexico's oil and gas value chain could require between US$300 billion and US$400 billion in capital expenditure through to 2020, promoting a significant inflow of outside capital and creating an estimated 2 million jobs by 2025.21 The oil and gas sector is becoming a top sector: almost half the transactions made were in this sector (nearly US$6 billion invested in recent years).
Furthermore, 2018 was a strong year in the power infrastructure sector, starting with the completion of the first two phases of the Tres Mesas wind farm project carried out by the Spanish company Abengoa with a total investment of US$80 million and generating 148.5 megawatts; the inauguration of the wind farm Reynosa I, the biggest wind farm in Mexico and one of the biggest in Latin America, involving an investment of US$600 million; and seven more wind farms projects under construction.22 Private investment into Mexico's energy infrastructure industry will experience strong growth as the energy reform's measures continue to take hold; many other opportunities will also arise regarding electricity production projects (mainly combined-cycle gas plants and renewables) for both general and private consumption. In addition, Mexico is committed to honour its commitment to the Paris Agreement on climate change. Following the 21st Conference of the Parties of the United Nations Framework Convention on Climate Change in Paris in 2015, at which the Agreement was adopted, Mexico introduced a major new clean energy policy that includes a clean energy target of 25 per cent of electricity generation by 2018, 30 per cent by 2021, and 35 per cent by 2024. This means that, by 2024, participants in the wholesale electricity market will have to satisfy 35 per cent of demand through clean energy certificates, the mechanism devised to guarantee the demand for renewable energy. As at 2018, clean energy in Mexico accounted for more than 24 per cent of the total energy produced in the country.23
Of the total amount of capital issued in Mexico since 2005, 75 per cent was raised between 2012 and 2017. In 2017 alone, three new funds raised a total of US$705.4 million,24 which clearly reflects that the reforms are working and Mexico's energy sector is on the right track. We have already seen a significant increase in investment into the power sector and the gas pipelines required to fuel the new thermal power plants tendered by CFE. International developers continue to arrive and the implementation of the reform continues to shift Mexico's energy sector in a positive direction; for example, Canadian energy firm TransCanada in a joint venture with IENOVA and Infraestructura Marina del Golfo (IMG) was awarded a contract to construct and operate the US$2.1 billion South Texas–Tuxpan–Tula natural gas pipeline, which is now under construction and will transport natural gas from the south of Texas to Tuxpan, Veracruz, by an underwater route in the Gulf of Mexico. The South Texas–Tuxpan–Tula pipeline is supported by a 25-year transportation service agreement with Mexico's CFE, and will connect with the Cenagas pipeline system in Altamira, TransCanada's Tamazunchale pipeline and Tuxpan. The South Texas–Tuxpan–Tula pipeline adds to TransCanada's portfolio, which also includes a US$550 million contract to construct a 420km gas pipeline from Tula in Hidalgo State to Villa de Reyes in San Luis Potosi. The French energy company ENGIE has invested at least US$300 million to connect its Energía Mayakan natural gas pipeline (a 485-mile pipeline that transports natural gas from Ciudad Pemex in the state of Tabasco to Valladolid in the state of Yucatan) to industrial and tourism users in the state of Quintana Roo.25 BP expects to increase investment in everything from exploration to retail fuel sales; the British firm is already involved in three offshore projects – two in the Gulf of Mexico's deep waters and another in shallow waters. The company also launched Mexico's first foreign-branded gas station, with plans to open some 1,500 stations over five years. Tesoro Corporation (now Marathon Petroleum Corporation) reached a definitive agreement with Pemex for transportation services in Mexico. The agreement enables Tesoro to supply transportation fuels and launch the ARCO brand in the Mexican states of Sonora and Baja California.26 In addition to the construction of the aforementioned pipelines, representing more than US$2 billion in investment, the private sector has begun to invest in storage, with the largest initiative being Orizaba Energía's investment of US$115 million to build 2.7 million barrels of capacity in Tuxpan. As at 2018, more than 100 contracts have been awarded to 75 international firms or consortiums, from 20 countries, during the Round 1 bids.27
Industries are changing and Mexico's global competitiveness is increasing as reforms and governmental initiatives modify the structure of the economy to attract investments. The expectation is that Mexico will become a sophisticated design and manufacturing hub rather than remain merely a low-cost producer; a clear example of this is the state of Queretaro, which is growing as a new centre for the aerospace industry, with dozens of multinationals setting up shop in the state's industry zone and making the most of generous subsidies offered by the government. At the centre of this growth is the Queretaro aerospace cluster, which is host to Safran, Airbus, GE, Aernnova Aerospace México, Duqueine Group, Delta and Bombardier, among others.28 On the occasion of Mexico's Aerospace Summit 2018, it was announced that the aerospace industry has grown from 100 American and European producers in 2004 to more than 340 in 2018.
The Mexican PE market has grown considerably over the past 18 years. The above-mentioned reforms, their proper implementation and a solid economic foundation are likely to foster further growth of the country's PE industry. Mexico is still viewed as one of the most attractive Latin American markets, not only because of its geographical position (sharing a border with the United States, and with access to both the Pacific and Atlantic Oceans), but also because of the number of trade agreements the country has in place, making possible preferential relations with 46 countries; it also offers the benefits of a growing workforce and fiscal prudence.29 We believe more firms will come to Mexico and reap the rewards of these favourable conditions, thereby continuing to boost PE fundraisings while profiting from the incentives arising from the newly structured legal frameworks, as was seen to be case during 2015 and 2016.
In connection with the foregoing, Mexico's government introduced in 2015 two new investment instruments to promote Mexico's economic development and in particular to boost the PE industry. In September 2015, the creation of the first of these instruments, the FIBRA E (also known as the 'Mexican MLP'), was announced. The FIBRA E is an investment alternative in the form of an investment vehicle promoting long-term investment in Mexican qualified energy, electricity and infrastructure assets and the management thereof, to be traded in the Mexican Stock Exchange and offered locally and abroad. The FIBRA E allows private and public participants to monetise such assets under a tax regime that reduces levels of overall taxation and therefore opens the door for greater distributions. Various amendments have been made to the applicable regulations between 2015 and 2018 to make the instrument more appealing.
In December 2015, the investment project certificates or CERPIs were introduced. CERPIs will allow insurance companies, AFOREs, and other (national or foreign) institutional investors to participate in equity projects in all productive sectors of the economy. This comes as a simplified version of the existing CKD providing for a larger scope of decision by the GPs and lower investment requirements for the investors. In January 2018, certain amendments were made to the applicable regulations to allow AFOREs to acquire CERPIs that invest in portfolio companies outside Mexico (as long as at least 10 per cent of the issue amount is invested in Mexico); this particular amendment will make the instrument more appealing for issuers and AFOREs.
As to the reception by potential LPs of PE funds in the pipeline, public Mexican funds such as CKDs and FIBRAs have been favourably received by Mexican institutional investors (mainly Mexican pension funds) to the extent that the projects are adequately structured and follow the standard market terms and economics of such funds. As to private Mexican funds, their appeal is likely to depend on the recent success and market credibility of the sponsors or GPs of those funds. Reflecting the industry's appetite for financing new projects within the asset class, the first issuances of the recently introduced FIBRA E and CERPIS took place at the end of 2016. The growth of the energy sector and amendments to the applicable regulations might well result in an increase in the issuances of these instruments.
Depending on the structure used to implement a PE fund, the time frame for PE fundraisings may vary. As an example, if the creation of a public PE fund is carried out through the issuance of CKDs, FIBRA Es or CERPIs, the time required to raise the fund may range from six to 12 months. For clarity, PE funds are generally structured as a CKD (and, as of 2016, a CERPI) to allow them to raise commitments from the AFOREs, which have very restrictive investment rules and can generally only invest in projects through these kinds of securities. Such funds are formed through Mexican trusts created to issue the CKDs or CERPIs to be placed and offered through a public offering on the Mexican stock exchanges, and managed by GPs incorporated in Mexico. Most CKDs are issued to invest in portfolio companies in Mexico subject to the investment policies determined by the sponsor. At the time of writing, over 92 CKDs have been issued to try access a portion of the billions of dollars managed by the AFOREs that can be invested in this type of security. There are approximately 14 CKDs in the pipeline pending approval, which would capture around US$4 billion. On average, nine CKDs per year have been listed since 2010.
The same timeline applies for Mexican FIBRAs that raise capital through the issuance of real estate certificates, which are generally publicly offered in the BMV stock exchange but can also be offered in foreign markets. The funds raised by FIBRAs can only be invested in commercial real estate projects and developments (industrial, retail and hospitality), and are structured as Mexican trusts to which real estate assets are conveyed by the original owners who, in exchange, receive real estate certificates.
The timeline for privately placed PE funds structured through Mexican or foreign vehicles will vary depending on the market conditions.
As positive evidence of the market appetite, during July 2018, a new Mexican stock exchange, the Bolsa Institucional de Valores (BIVA), began operations. The BIVA seeks to increase the operations on the Mexican market as an alternative to the BMV by easing the requirements that the latter imposes for its listings.
Below are recent deals that were made publicly available.
In June 2018, IGS Group signed a purchase agreement for the portfolio of La Frontera, including 37 industrial warehouses, for a total of US$117 million. The transaction is still subject to approval by the antitrust authority, the Federal Economic Competition Commission.30
In June 2018, Delta held the issuance and placement of a CKD for a maximum amount of 4 billion pesos on the BMV. This CKD will invest in real estate and urban developments.
In September 2018, IDK capital announced a first closing for 1.05 billion pesos with private investors, this amount will help the fund to continue with its strategy of investing in infrastructure projects, including in water, transportation, health and civil infrastructure.31
In November 2018, ALLVP had the first closing of its US$100 million Fund III for US$73 million.32
In November 2018, O'Donnell Group held the issuance and placement of a CKD for a maximum of 2 billion pesos on the BMV. The fund will invest in industrial and urban real estate and in the development of industrial logistic infrastructure.33
In November 2018, Discovery Americas, through its vehicle DAIV, entered into an investment with one of the leading actors in the air cargo industry in Mexico, Mas Air, which is a cargo airline specialising in the transportation of freight.34
During 2018, IGNIA, Dalus Capital and Innocells led US$6.5 million investment in the online platform UnDosTres, a fintech digital payments platform that aims to provide secure financial services while reducing inefficiencies for consumers.35
ii LEGAL FRAMEWORK FOR FUNDRAISING
The Canadian limited partnership is one of the most popular legal forms for structuring PE funds with Mexican LPs' investment, as they are considered transparent for tax purposes. Other vehicle structures used in Mexico include the PE investment trust and the FICAP, a Mexican trust that is not considered an entity under Mexican law and which has a specific set of tax rules created to incentivise PE investments. To raise funds from investors, FICAPs issue certificates that can be either publicly placed through the BMV and more recently through the BIVA (the most recent CKDs are FICAPs) or privately issued. FICAPs are exempt from complying with certain management and tax payment obligations. The fundamental characteristic of the FICAP is that the trust is subject to a transparent regime for tax purposes, and thus the regime allows the investors to directly recognise the income generated through the trust (dividends, capital gains and interest payments) as if they had obtained the income from investing directly in a Mexican target entity. Another form that is used by PE funds is the SAPI, which is mainly a Mexican corporation that provides great flexibility to structure different kinds of businesses (including PE funds), and also increases the protection offered to minority shareholders and provides exit strategies.
The key legal and negotiable terms of PE funds will depend on the vehicle chosen, but will be very similar to those in other jurisdictions (e.g., the term of the fund, investment policies, management of the fund and documentation of the relationship between the manager and the fund, fees, carried interest and exits for limited partners).
One of the key issues for a Mexican PE fund is its management. In connection with CKD funds, for example, the sponsor will normally act as the manager, and will carry out the business of instructing the trustee to make the required investments in eligible projects; however, pursuant to Mexican securities law, it would also require the approval of the limited partners for relevant investments or actions, which causes the limited partners of CKDs or FIBRAs to have an active role in the management of the fund. All CKDs and FIBRAs investments are subject to certain guidelines (including bondholder meeting approval). Nevertheless, the structuring of CKDs has improved over time, and has evolved to the extent that CKDs are released from rules that previously prevented deals from taking place. In addition, we have noticed that management fees and carried-interest fees have changed over the past five years. The tendency has been for such fees to decrease (e.g., some CKDs had management fees amounting to around 2 per cent of the total amount invested during the investment period in 2009; currently, the management fees for 2017 transactions range between 1.5 and 1.75 per cent of the total amount invested during the 2016 investment period).
We have also noted that rather than the usual passive limited partner role certain institutional investors are seeking a more active role in traditional PE funds.
The SAPI is governed by federal law and, more specifically, by the Securities Market Law; all items not covered by the Securities Market Law are regulated by the General Law of Business Organisations. However, the SAPI is not subject to obligations applicable to public corporations nor to supervision by the National Banking and Securities Commission (CNBV) therefore no disclosure obligations have to be met.
PE funds are reluctant to share information because of potential threats posed by competitors and other factors. However, if the PE fund is structured through a CKD, investors and fund managers must take into consideration that CKDs are publicly listed vehicles; as such, they are obliged to disclose certain information, and their issuers have the same disclosure obligations as other debt issuers according to Mexican regulations.
Disclosure obligations include the filing of quarterly and annual reports to the BMV that include updates and annual audited financial statements, as well as a duty to disclose any information necessary for investors to carry out investment decisions.
As explained above, depending on the structure of the PE investment, the method of investment solicitation at the fundraising stage may vary.
PE funds may raise capital by privately soliciting sophisticated investors in Mexico under the Mexican safe-harbour rule, which allows the offering of securities to such investors in a private placement. For public funds, such as CKDs, CERPIs or FIBRAs, solicitation is open to the general public (any kind of investor, person or entity, whether Mexican or foreign), although generally such funds target investments by institutional investors such as the AFOREs, insurance companies and sophisticated investors who are private banking clients. Public funds such as CKDs, CERPIs and FIBRAs are also subject to certain solicitation and publicity guidelines applicable to all issuers on the stock market.
GPs of PE funds formed as Canadian limited partnerships may be subject to certain Canadian regulations applicable to GPs.
Regarding Mexican vehicles, in structures such as SAPIs, the fiduciary duties of care and loyalty (such as conflicts of interest, disclosure and informational duties) are established contractually. Furthermore, the adoption of the Best Corporate Practices Code issued by the Mexican Business Coordinating Council and the guidelines from the Mexican Institute for Competitiveness is encouraged, and many funds have adopted these practices regarding corporate governance and fiduciary duties.
Regarding CKDs, CERPIs and FIBRAs, the manager of the fund is normally also the fund's sponsor and, in line with its responsibilities to carry out the fund's projects, it must comply with the resolutions and policies of the trust's technical committee; the committee will set up the terms and conditions of the manager's duties, and must reject any transactions that may involve a conflict of interest. Recently, it has become more common that managers of CKDs, CERPIs or FIBRAs are subject to the same fiduciary duties as directors of Mexican public companies pursuant to the federal Securities Market Law.
The FIBRA E must be structured as a Mexican trust. The applicable tax rules provide that the trust must be formed following many of the requirements applicable to FIBRAs, but with certain differences: up to 30 per cent of the trust's book value must be in federal government bonds or shares of mutual funds that may invest only in fixed income securities; and investments in shares of Mexican companies must comprise at least 70 per cent of the trust's book value. Further, those Mexican companies must comply with the following: (1) the shareholders of the company (other than the trust itself) must be Mexican resident companies (this requirement does not exclude foreign investors in any manner, and they will be entitled to own shares of the underlying company through the trust or through a Mexican subsidiary, although depending on the amount of the investment, antitrust and foreign investment approvals may be required); (2) the corporate purpose of each company must be a Mexican-qualified energy, electricity and infrastructure asset-related activity, the management thereof, or a combination of these activities, and at least 90 per cent of the annual taxable income of the FIBRA E should stem from qualified energy, electricity and infrastructure assets; and (3) the investments of the company must be in brownfield or qualified greenfield projects, as new assets may represent only 25 per cent of the book value.
iii REGULATORY DEVELOPMENTS
Except for publicly placed PE funds (such as CKDs, FIBRAs, FIBRA Es and CERPIs), there is no regulatory oversight of Mexican PE funds or their fundraising processes (other than the safe-harbour rule mentioned above).
CKDs, FIBRAs, FIBRA Es and CERPIs are governed by the federal Securities Market Law and its ancillary regulations, and their main regulator is the CNBV. CKDs, FIBRA Es, FIBRAs and CERPIs are supervised and regulated to ensure the proper operation of the financial system and to protect the interests of the general public. In consequence, issuers are subject to quarterly and annual reporting obligations, such as presentation of audited financial statements, and the registration of the fund requires the previous authorisation of the CNBV and the BMV.
Other forms of PE funds are not under any obligation or requirement to be registered in Mexico, and the sponsors or GPs do not have to be registered in any special registry in connection with their activities as fund managers.
Depending on the legal form of the PE fund, the tax rules can vary; thus, the specific tax regime applicable to the investors may also vary. Nonetheless, generally the vehicles chosen (including limited partnerships and FICAPs) are structured in a manner that allows them to be considered tax-transparent vehicles, which implies that the income realised is directly recognised by the investors.
In the case of foreign limited partnerships, a tax-transparency regime may be achieved to the extent that such partnerships are created in a country with which Mexico has a broad agreement for the exchange of information; that they do not have a legal personality of their own, separate from that of their members; and that they are tax transparent in their country of formation. If these requirements are met, the limited partnership will be treated as being tax-transparent for Mexican purposes, and thus the investors will be entitled to apply any benefits that may be included in any relevant double taxation treaty.
FICAPs, on the other hand, are also tax-transparent, and are governed by a special set of tax rules that defines the withholding obligations applicable to the parties involved, as well as the moment at which the investors participating in FICAPs shall be liable to tax. More specifically, according to the rules, the investors shall be liable to Mexican tax upon receiving a distribution from the FICAP, and the tax regime actually applicable to each investor will be contingent on the nature and country of residence of the investors (e.g., institutional, foreign or local, tax-exempt or taxable).
Certain requirements under Mexican tax provisions must be met to qualify as a FICAP:
- FICAPs shall invest at least 80 per cent of the trust assets in stock issued by Mexican target entities (not publicly listed at the time of the investment) or granted as loans to such entities;
- the remaining percentage that is not invested in stock issued by Mexican target entities or granted as loans to such entities shall be invested in securities issued by the federal government or in Mexican debt mutual funds;
- the acquired stock shall be held for at least two years; and
- at least 80 per cent of the income realised by the FICAP should be distributed within two months of the end of the tax year. If these thresholds are not reached, the trust will not qualify as a FICAP and thus will not benefit from the specific tax rules applicable to that vehicle.
Slight changes were made to the tax regime applicable to FICAPs in 2016; in particular, it should be highlighted that the limitation for the application of the FICAP regime for a maximum of 10 years has been repealed. In the case of FIBRAs, two additional requirements were included as part of the amendments made to the income tax legislation for 2014 (and which resulted in a new Income Tax Law): in the case of lease agreements where the consideration is established as a variable amount or based on a percentage, this type of income cannot exceed 5 per cent of the aggregate income of the FIBRA unless the rental payment is established as a fixed percentage of the sales of the lessee; and trusts operating as FIBRAs must be registered with the tax authorities. In addition, certain measures were included in the applicable securities rules to limit the ability of FIBRAs to incur debt. And more recently, the possibility has been established for the FIBRA trust to repurchase its own certificates, subject to several conditions.
As for the recently enacted FIBRA E, the main features of the tax regime that has been established may be summarised as follows:
- Both the underlying Mexican companies in which the trust invests and the trust itself shall be treated as tax transparent, and the certificate holders will directly recognise the tax result of the FIBRA E as computed by the trustee under the specific rules (no monthly or annual income tax payments are required at the trust or underlying company levels).
- In computing the tax result of the trust, the trustee shall consider the tax profits generated by the underlying companies (but not the tax losses, which may only be carried forward by the entity that generated them) and a deductible deferred expense, equal to the gain generated by the seller of the shares acquired by the FIBRA E trust as per below.
- The persons selling shares to a FIBRA E will be required to recognise the gain derived from the sale of the assets owned by the company whose shares were sold (instead of recognising a capital gain on the actual sale of shares).
- The trust will be required to distribute on a yearly basis at least an amount equal to 95 per cent of its annual tax result, using the proceeds distributed by the underlying companies.
- The aforementioned distributions will not be considered dividends for tax purposes and thus the 10 per cent dividend tax will not apply.
- Certain specific rules were enacted to allow the spin-off or otherwise segregate qualifying assets to special purpose vehicles in a tax-efficient manner, provided that at least a certain number of the shares in the resulting vehicle are subsequently sold to a FIBRA E within six months.
- Mexican-resident individuals and non-resident investors will be exempt from withholding tax on the sale of the certificates issued by the FIBRA E, provided that the sale takes place through an authorised exchange.
The private equity industry in Mexico has been re-energised in recent years by government reforms and policies, a stable macroeconomic situation, stable population growth rate, an increase in real income and an active entrepreneurial ecosystem.
Mexico has successfully completed the NAFTA negotiations with the United States and Canada and has gone through a smooth, peaceful and democratic power transition following the presidential election that took place in July 2018, providing certainty to investors. However, Mexico's intention of being prepared for any scenario is clear from its aim to increase trade with Argentina and the Pacific Alliance (Colombia, Peru and Chile), as well as with the European Union and Asian countries, and from the government's continued efforts over the past few years in the infrastructure and energy sectors.
While the forecasts are moderately strong, we expect contract and investment opportunities to be abundant as government policies support a shift towards a larger role for private investment in the Mexican infrastructure industry and in the still-booming energy industries. Opportunities will also be presented by the continuing rise of the fintech industry. The outlook for the Mexican PE industry is therefore positive, with local funds becoming more global and deploying capital, and investments by foreign funds increasing throughout the energy sector. If conditions remain the same and the growth rate remains at the levels we have been seeing, the PE industry should, according to AMEXCAP, reach US$80 billion by the end of 2020.
We predict that the regime governing publicly issued PE funds will continue to be improved, and that the regulations regarding investment restrictions applicable to Mexican pension funds will necessarily evolve towards alignment with the types of regimes seen in other, more evolved countries, allowing the pension funds to conduct private transactions and investments in funds or projects directly (rather than only through publicly issued securities such as CKDs, FIBRAs, FIBRA Es and CERPIs).
1 Hans P Goebel C, Héctor Arangua L and Adalberto Valadez are partners, and Miguel A González J is an associate at Nader, Hayaux y Goebel, SC.
2 AMEXCAP, 'Mexico: VC Overview 2018: Venture Capital Industry'.
3 AMEXCAP, 'Overview of the Private Equity Industry in Mexico', June 2016.
4 Idem.
5 FINANCIER: www.financierworldwide.com.
6 Secretariat of Economy of Mexico.
7 World Trade Organization, World Trade Statistics Review, 2018.
8 Secretaría General Iberoamericana and ProMéxico, 'Informe Global LATAM: México July 2018'.
9 AMEXCAP, 'Inside Mexico's PE Market: November 2017'.
10 414 Capital, 'Instrumentos Estructurados (CKDs y CERPIs): Actualización trimestral – 3T2018' (2018).
11 World Bank: http://www.worldbank.org/en/country/mexico/overview.
12 World Bank: http://pubdocs.worldbank.org/en/726341542818388766/Global-Economic-Prospects-
13 International Monetary Fund, 'World Economic Outlook (WEO): Legacies, Clouds, Uncertainties (October 2014).
14 Ibid.
15 AMEXCAP, 'Mexico: VC Overview 2018: Venture Capital Industry'.
16 Ibid.
17 Finnovista, 'Fintech Radar Mexico' (August, 2018).
18 Ibid.
19 AMEXCAP, 'Overview of the Venture Capital Industry in Mexico, October 2017'.
20 Ibid.
21 Rosenfel E, 'Mexico to receive major economic jolt', CNBC.com, 2014.
22 El Financiero (8 August 2018): http://www.elfinanciero.com.mx/nacional/reynosa-i-el-parque-eolico-mas-grande-de-mexico-sera-inaugurado-el-lunes.
23 Ministry of Energy (2018) https://www.gob.mx/cms/uploads/attachment/file/418391/RAEL_Primer_Semestre_2018.pdf.
24 AMEXCAP, 'Inside Mexico's PE Market: November 2017'.
25 ENGIE: https://www.engiemexico.com/#!EngieMexicoServicios/?seccion=transporte-gas-natural-ENGIE-mexico.
27 Comisión Nacional de Hidrocarburos (7 December 2018): https://rondasmexico.gob.mx/esp/cifras-relevantes/.
28 PRO México: www.promexico.gob.mx/es/mx/queretaro.
29 'Private Equity in Mexico: Primed for significant growth', Antonio Martinez Leal and Pino del Sesto, Bain and Company.
30 AMEXCAP: https://en.amexcap.com/content/grupo-igs-anuncia-la-firma-del-contrato-de-compra-del-
31 AMEXCAP: https://en.amexcap.com/content/idk-capital-fondo-mexicano-especializado-en-proyectos-
34 LAVCA: https://lavca.org/2018/12/03/discovery-americas-invests-in-mexican-air-freight-service-company-mas-air/.


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Hilter Works in Public Accounting
January 12, 2013 Leave a comment
Have you ever imagine what if Hitler works in public accounting? This video will definitely make you laugh a while and forget your problems.
So what can you say? Nice dubbing! 😉 All you have to do now is share it!


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W1YX Repeater Photo Gallery
Click on each of the thumbnails for a full-sized image.
This is the fully assembled repeater as it was installed back at the repeater site after the Winter 2002/2003 rebuild. In order from the top of the rack are the RF amplifier, the controller, the notch cavity, the duplexer assembly, and the power supply.
Here is the inside of the Hamtronics REP-200 controller. Visible in the upper right corner is the DVR-3, which is responsible for the repeater's voice ID. The controller board is in the top center, the receiver is at the upper right, and the exciter is in the bottom center.
This is my father, Neil Armstrong, KB2RTP. He provided transportation services for the repeater rack and associated equipment. You'll have to ask him what the deal with the hat is when you see him.
This is Bob Shewell, N2HJD, aligning the duplexer assembly. He was my resident expert for the Winter 2002/2003 rebuild and continues to help me with technical issues. He gets lots of practice since he owns an extensive repeater network.
This is the new Com-Spec CTCSS board which I installed during the Winter 2002/2003 rebuild. It manages PL tones and filtering all in one handy little unit.
This is the new monitor speaker which I installed inside the controller during the Winter 2002/2003 rebuild.
This is the fan control that I built based on a circuit design by Bob Shewell, N2HJD. It is housed in a four-square electrical box and the fan plugs into a duplex receptacle visible at the far side of the cover. There is a large solid-state relay under the circuit board. The timer circuit greatly extends cooling fan life by turning it on only when it is needed.
This side view of the repeater shows all of the custom double-shielded cabling that connects the repeater equipment together. You can see the new fan control box at the back of the rack, under the controller. The black cable at the right is the hardline leading out to the tower.
This is the cooling fan shroud that the students at Fairport BOCES in the Welding & Fabrication program made for me. They started only with a sheet of 16 gauge steel and some basic drawings which I made.
This view of the back of the repeater rack shows how well the new, bright red fan shroud dresses up the back of the amplifier. On the back of the controller is a terminal strip with connections for 12VDC, the phone line, and the cooling fan control box.
This is Andy Walker, KA2RBW, of Walker Towers. To see why he is smiling, look at what he just successfully finished doing in the next photo ...
Andy Walker came by the repeater site in November of 2003 to help me get the 35' long Moseley beam down from the tower. He really knows how to help out with antennas and tower climbing and doesn't overcharge for his miracles. Just don't forget to show up early with pastries in hand!
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Lets Play: Knight Lore on the Famicom Disk System
Unboxing: Here be Dragons
The Tetris license has had more than its fair share of issues, with various companies claiming rights over lots of different platforms. In the middle of this struggle Sega decided to release a version on the Megadrive, despite only having a very flimsy claim on an already chaotic console release agreement.
Right as it was about to release, Nintendo managed to press their claim and Sega were forced to recall and destroy most of the copies. A few hundred got out into the wild, making this truly one of the Rarest games on the Megadrive.
Continue reading "The Rarest: Tetris on the Sega Megadrive / Genesis"
The Rarest: Darxide on the Sega 32X
We take a look at Darxide, a 32X game for the Megadrive / Genesis which is considered to be one of, if not the, rarest game available.
Pioneer LaserActive giant look
We take a look at the Pioneer LaserActive. A LaserDisc player that included the ability to add modules for the Sega Megadrive and NEC PC Engine. We take a look at both modules, a few games and the ultra rare 3D goggles. Continue reading "Pioneer LaserActive giant look"
Unboxing: Extravagant Lasers
Another parcel from Japan, this time only including a couple of items, but it still comes in as one of the most expensive boxes yet.
The Epoch Super Cassette Vision
We take a look at Epoch's third generation, Japan only consoles.
Lets look at the Samsung DVD-N501 with Nuon
Nuon decided to enter the entertainment industry in a slightly different way to the likes of Nintendo or Sega. Instead of making their own console and licensing third party games they, instead, made a chip and licensed that to electronics companies.
The plan was for the chip to appear in all manner of electronics, including Microwave ovens and DVD Players.
In the end it only showed up in a couple of DVD Players,
Continue reading "Lets look at the Samsung DVD-N501 with Nuon"
Lets Play: Magical Chase the Rarest game on the PC Engine
Magical Chase is considered the rarest game available on the PC Engine, it often attracts prices of up to $1000 at auction. We take a look at it to see if it's any good.
Continue reading "Lets Play: Magical Chase the Rarest game on the PC Engine"


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Training & Institutes
- NAPNAP CE site -- NAPNAP Continuing Education program accreditation and guidelines
- Primary Care Mental Health Specialist (PMHS) Certification -- offered by Pediatric Nursing Certification Board (PNCB)
- LEND Traineeship
- KYSS Fellowship (online, offered through Ohio State University)
- The REACH Institute: Patient-Centered Mental Health in Pediatric Primary Care, Child/Adolescent Training in Evidence-Based Psychotherapies, organizational training
Other Continuing Education
AAP Kognito Virtual Human Simulations Launched to Help Manage Real-Life Conversations in Primary Care and Family Settings (must be a member of AAP member to log in)
- Kognito Modules for Screening and Brief Intervention with Adolescents (depression and suicidality) and At-Risk in Primary Care-Adolescents and Artificial Perfection: Talking to Teens about Performance Enhancement (supplements, stimulants, steroids)
- Kognito Modules for Screening Maternal Depression, Child Development, and Social Determinants of Health
- Learning On Demand
- Institute Bundles: 5-10 lectures for $30; great for psychopharm review
- SBIRT course: Introduction to SBIRT for adolescents. A free self-paced video based online course designed to teach providers the basics of screening, brief intervention and referral to treatment for their adolescent patients. eight content videos that range from 12-17 minutes in length, totaling approximately two and a half hours of video. Each video is followed by a short quiz with a total of 15 questions. The course does NOT need to be completed in one sitting and should take you three to four hours.
- Bullying Prevention Training Course from US DHHS's Stopbullying.gov