Meridian National Corp. said it sold 750,000 shares of its common stock to the McAlpine family interests, for $1 million, or $1.35 a share. The sale represents 10.2% of Meridian's shares outstanding. The McAlpine family, which operates a number of multinational companies, including a London-based engineering and construction company, also lent to Meridian National $500,000. That amount is convertible into shares of Meridian common stock at $2 a share during its one-year term. The loan may be extended by the McAlpine group for an additional year with an increase in the conversion price to $2.50 a share. The sale of shares to the McAlpine family along with the recent sale of 750,000 shares of Meridian stock to Haden MacLellan Holding PLC of Surrey, England and a recent public offering have increased Meridian's net worth to $8.5 million, said William Feniger, chief executive officer of Toledo, Ohio-based Meridian.

How many total shares of stock has Meridian sold to two companies recently?

If you have a mass of 50 kg on Earth, what is your weight in newtons? An object with more mass is pulled by gravity with greater force. Mass and weight are closely related. However, the weight of an object can change if the force of gravity changes. On Earth, the force of gravity is the same everywhere. So how does the force of gravity change? It doesnt if you stay on Earth. What if we travel to another planet or moon in our solar system? Look at the photo of astronaut Edwin E. Aldrin Jr. taken by fellow astronaut Neil Armstrong in the Figure. They were the first humans to walk on the moon. An astronaut weighs less on the moon than he would on Earth. This is because the moons gravity is weaker than Earths. The astronauts mass, on the other hand, did not change. He still contained the same amount of matter on the moon as he did on Earth. If the astronaut weighed 175 pounds on Earth, he would have weighed only 29 pounds on the moon. If his mass on Earth was 80 kg, what would his mass have been on the moon? [Figure 3]

How is an astronaut's weight and mass different on the Moon?

(Financial Times) -- The increasing amount of personal information that can been gleaned by computer programs that track how people use Facebook has been revealed by an extensive academic study. Such programmes can discern undisclosed private information such as Facebook users' sexuality, drug-use habits and even whether their parents separated when they were young, according to the study by Cambridge university academics. In one of the biggest studies of its kind, scientists from the university's psychometrics team and a Microsoft-funded research centre analysed data from 58,000 Facebook users to predict traits and other information that were not provided in their profiles. The algorithms were 88 per cent accurate in predicting male sexual orientation, 95 per cent for race and 80 per cent for religion and political leanings. Personality types and emotional stability were also predicted with accuracy ranging from 62-75 per cent. Facebook declined to comment. The study highlights growing concerns about social networks and how data trails can be mined for sensitive information, even when people attempt to keep information about themselves private. Less than 5 per cent of users predicted to be gay, for example, were connected with explicitly gay groups. Michal Kosinksi, one of the report's authors, told the Financial Times that the university's techniques could easily be replicated by companies to infer personal attributes a person did not wish to share, such as sexual orientation or political views: "We used very simple and generic methods. Marketing companies and internet companies could spend much more time and resources, and hence get much higher accuracy than we did." Last week , the EU agreed to water down proposals for a radical overhaul of data privacy regulation. The move reflects governments' reluctance to impede internet businesses that might spur economic growth, and follows fierce lobbying from technology companies including Facebook and Google. Personal data has become big business. Wonga, the UK online lender, makes credit judgments within seconds based on thousands of pieces of information, including an applicant's Facebook profile. Tesco, the supermarket chain, this month started to use its customers' shopping histories to sell targeted online advertising. The report also revealed some unexpected correlations -- such as people who liked 'curly fries' having higher IQs, while those who like Facebook's "Sliding on Floors With Your Socks On" page were unlikely to use drugs.
Has Facebook commented on the ability of computer programs that track how people use Facebook to discern undisclosed private information?