US social networking giant Facebook plans to sell 70 million shares of A-grade common stock. Among them, Facebook founder, CEO Zuckerberg will sell about 41 million shares. The application document for Facebook on the 19th indicated that after the company issued a large number of shares in the initial public offering in May 2012, the company plans to sell 70 million shares. Facebook said in a statement that Zuckerberg will sell about 41 million shares, mainly to meet his tax obligations. (AFP)
If calculated according to the stock price of about 55.57 U.S. dollars, Facebook’s upcoming issuance of 27 million new shares will raise about 1.5 billion U.S. dollars for the company. According to Facebook, these funds will be used mainly for operations and other general purposes. According to the stock price of 55.57 US dollars, Zuckerberg will sell the stock value of about 2.3 billion US dollars.
The U.S. Securities and Exchange Commission’s documents show that this transaction will allow Zuckerberg to control about 63% of the voting shares of the company’s outbound shares. (Associated Press)
According to Facebook, Zuckerberg will use the proceeds from the sale of stocks to pay for taxes on his purchase of Facebook shares of Class B shares. Each Class B share represents ten times more voting power than Class A shares. Zuckerberg's right to vote in the foreign shares after the sale of shares has decreased compared to the previous 65.2%, but it will not affect his control over Facebook.
The Standard & Poor's 500 Index will add Facebook to the index after the market close on the 20th. The index includes a series of companies with market capitalization of more than $4 billion, which reflects the US economy. (Associated Press)
Facebook's new issuance this time is to meet the potential demand after joining the S&P 500 Index. After the issuance of shares, Facebook will issue a total of 2.54 billion A- and B-grade shares. When Facebook was listed in 2012, it had a stock price of $38 per share. Then its stock price experienced a roller coaster-type market, and began to steadily increase after the revenue of its mobile advertising business grew substantially. At present, its share price has risen by about 46%.
The company stated that it has been testing this service since September. Initially, videos (advertisements) can only be seen by "a small percentage of users" of its 1.1 billion users. (Germany)
Facebook started officially introducing video ads on the 17th. Some analysis pointed out that video advertising may increase Facebook revenue by 10%-15%. The consulting firm eM arketer stated that Facebook has become the second largest electronic advertising provider after Google. In the third quarter of this year, Facebook’s net profit was US$425 million, which was a loss in the same period of last year. Revenues also rose sharply to US$2.016 billion.
The application documents submitted to the SEC also mentioned that Zuckerberg planned to donate 18 million shares to a beneficiary who was not specified. Zuckerberg and his wife Priscilla made a similar amount of donations to a foundation in Silicon Valley last year. (AFP)
According to the prediction of Forbes magazine, as of September this year, Zuckerberg's worth has exceeded 19 billion U.S. dollars, making him the 25th richest man in the United States, ranking 66th in the world.
Power Meter is a monitoring and testing instrument which determines the power consumption of a connected appliance and the cost of the electricity consumed.
Built-in 3.6V rechargeable Batteries ( . The purpose of the batteries is to store the total electricity and memory setting
Resetting
If an abnormal display appears or the buttons produce no response, the instrument must be reset. To do this,
press the RESET button.
Display Mode
Entire LCD can be displayed for about 1 minute and then it automatically gets into Model. To transfer from
one mode to the other, press the FUNCTION button.
Mode 1: Time/Watt/Cost Display Display duration(how long) this device connect to power source.LCD on first line shows 0:00 with first two figures mean minutes(2 figures will occur while occur at 10 min) and the rest shows seconds. After 60mins, it displays 0:00 again with first two numbers meas hour(2 figures will occur at 10hours)and the rest shows minutes. The rest can be done in the same manner which means after 24 hours, it will re-caculate. LCD on second line displays current power which ranges in 0.0W 〜 9999W. LCD on third line displays the current electricity costs which ranges in O.Ocost 〜 9999cost. It will keep on O.OOcost before setting rate without other figures.
Mode 2: Time/Cumulative electrical quantity Display Display duration(how long) this device connect to power source.
LCD on first line shows 0:00 with first two figures mean minutes(2 figures will occur while occur at 10 min) and the rest shows seconds. After 60mins, it displays 0:00 again with first two numbers meas hour(2 figures will occur at 10hours)and the rest shows minutes. The rest can be done in the same manner which
means after 24 hours, it will re-caculate. LCD on second line displays current cumulative electrical quantity which ranges in 0.000KWH 〜 9999KWH without other figures. LCD on third line displays"DAY"- "1 'Will be showed on numerical part(the other three figures will be showed at carry) which means it has cumulated electrical quantity for 24hours(one day). The rest can be done in the same manner untill the maximal cumulative time of 9999 days.
Mode 3: TimeA^bltage/Frequency Display LCD on first line displays the same as Mode 1 dones. LCD on second line displays current voltage supply (v) which ranges in 0.0V 〜 9999V .LCD on third line displays current frequency (HZ) which ranges in 0.0HZ 〜 9999Hz without other figures.
Mode 4: Time/Current/Power Factor Display LCD on first line displays the same as Mode 1 dones.LCD on second line displays load current which ranges in 0.0000A 〜 9999A. LCD on third line displays current power factor which ranges in 0.00PF 〜 LOOPF without other figures.
Mode 5:Time/Minimum Power Display LCD on first line displays the same as Mode 1 dones. LCD on
second line displays the minimum power which ranges in 0.0W 〜 9999W. LCD on third line displays character of "Lo" without other figures.
Mode 6: Time/Maximal Power Display LCD on first line displays the same as Mode 1 dones. LCD on second line displays the maximal power which ranges in 0.0W 〜 9999W. LCD on third line displays character of "Hi" without other figures.
Mode 7: Time/Price Display LCD on first line displays the same as Mode 1 dones. LCD on third line displays the cost which ranges in O.OOCOST/KWH 〜 99.99COST/KWH without other figures.
Overload Display: When the power socket connects the load over 3680W, LCD on second line displays the''OVERLOAD[ with booming noise to warn the users, (selectable choice)
Supplemental informations:
1: Except [OVERLOAD[ interface, LCD on first line display time in repitition within 24hours.
2: LCD on first line, second line or third line described in this intruction take section according to two black lines on LCD screen. Here it added for clarified purpose.
3. Mode 7 will directly occur while press down button "cost".
4. [UP"&"Down" are in no function under un-setting mode.
Setting Mode
1. Electricity price setting
After keeping COST button pressed lasting more than 3 seconds(LCD on third line display system defaults price, eg O.OOCOST/KWH ),the rendered content begins moving up and down which means that the device
has entered the setting mode. After that, press FUNCTION for swithing , then press "UP"and "DOWN" button again to set value which ranges in OO.OOCOST/KWH 〜 99.99COST/KWH. After setting all above, press COST to return to Mode7 or it will automatically return to Mode7 without any pressing after setting with data storage.
Power meter socket, Energy meter socket, Energy meter cost socket, Power meter cost socket, Energy power meter socket
NINGBO COWELL ELECTRONICS & TECHNOLOGY CO., LTD , https://www.cowellsocket.com