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Posts Tagged ‘EF Hutton’

EF Hutton To Host Internet User Rights Conference, June 25

In Business, finances, Local News, National News, Politics, sociology, Technology, Uncategorized on June 20, 2018 at 8:45 am

EF Hutton, Inc., headquartered in Springfield, Ohio, has announced open registration for the first in an ongoing series of professional conferences focused on a broad spectrum of national issues. The “EF Hutton Talks Conference Series” inaugural event will cover issues surrounding the rights of users in social networking. Slated for June 25, 2018, 8 a.m. to 5 p.m., the primary site will be at the Courtyard by Marriott, in Springfield, Ohio, with simultaneous satellite locations to be announced.

Featured speaker for the EF Hutton Talks Conference will be Martin Luther King III, son of civil rights leader Martin Luther King, Jr.

The fallout from the Facebook – Cambridge Analytics data breach left even Congress scratching their collective heads about how to better regulate the industry to protect users. Additionally, massive social networking companies are capitalizing on user data and providing nothing in return. This conference will address the issues of data privacy, individual user compensation and more.

The “EF Hutton Talks Conference Series” is designed to shed a national spotlight on specific issues in a wide range of topics affecting Americans. The overall goal is to bring together thought leaders and business executives from industries like social networking, data security and personal finance to define and discuss problems and potential solutions to issues like user rights, privacy, the U.S. savings crisis, and more. Each conference will address topics through panel discussions, keynote speakers and breakout sessions

The featured speaker will be the son of Reverend Martin Luther King, Jr., human rights activist, Martin Luther King III. Mr. King will be speaking on the value of the individual in a world where consumers are used for their digital information, go uncompensated and left vulnerable. Other presenters for the event include the following:

Sara H. Jodka, CIPP-US / Of Counsel at Dickinson Wright. Jodka is an attorney whose areas of practice include data privacy and cybersecurity issues, including preparing for and remedying data breaches; and litigation risks.

Dr. Vanessa Enoch, Public Policy expert, a business development and policy consultant/ business owner, and a trained community organizer, who is passionate about Social Justice and Human Rights causes.  Dr. Enoch is also the Democratic candidate for U.S. Congress in Ohio’s 8th District.

Other presenters include Springfield City Commissioner, Ms. Joyce Chilton, and Atlanta attorney Theodore F. Claypoole, and EF Hutton CEO, Christopher Daniels. In addition to individual presentations, some presenters will participate in a roundtable discussion covering several issues related to the user rights topic. Other speakers to be announced.

“As an industry, we have a responsibility to the public to address issues of Internet user rights, not because we are compelled to do so by congressional subpoena, but because it’s the right thing to do,” said Gery Deer, EF Hutton Vice President of Communications and Public Relations. “This conference series is designed to help educate people about how they are being taken advantage of by starting a national dialogue to explore ways to help defend the rights of all internet users.”

Premier Sponsors for the event are EF Hutton, and HUTN, Inc., with other considerations provided by Megga, Inc. Registration is free but seating is limited. To register and for full details including a complete schedule of the sessions in this exclusive conference, visit conference.efhutton.com.

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 Innovative Social Network Pays Ad Revenue to Users and Protects Their Data

In Business, Dayton Ohio News, Economy, National News, News Media, Technology, Uncategorized on April 3, 2018 at 8:47 am

FACEBOOK ALTERNATIVE DOES NOT ALLOW THIRD-PARTY ACCESS TO USER DATA, HELPS USERS SAVE MONEY

 

SPRINGFIELD, Ohio, April 2, 2018  – Megga, Inc., a unit of HUTN, Inc. (OTC: HUTN), announced today the launch of meggalifeTM, a digital platform of social media applications and online tools that transfers 100% of net advertising revenue to its users.  Meggalife pays users for activities they already do online while helping to solve America’s long-term savings problem.

The U.S. savings rate is ranked just 136th in the world and without improvement, Americans face a dire future. Realistically, it is hard for most working people to build up long-term savings and retirement funds but by using meggalife’s online applications, which aim to provide comparable functionality to Facebook, Twitter, Instagram, and Google Search, users accrue points called, “meggapoints.”

Watch the Meggalife (tm) commercial from EF Hutton

Just by online activity, meggapoints accumulate over time and are convertible into a cash distribution through an investment savings account. This new model is a private-sector solution to America’s savings and retirement crisis that all parties can embrace, as it enables people to save and accumulate a long-term asset.

Megga, Inc. Spokesperson Katalina Remusat explained, “Our launch coincides with the growing sentiment of consumers frustrated by big internet companies monetizing personal data on top of the billions in advertising revenue they generate from users online activity. Now, Meggalife.com enables users to benefit from their online activity, accumulating meggapoints, which will help provide a more secure financial future.”

Net advertising revenue generated from meggalife digital platform is invested in an independent trust which is ultimately shared with all participating meggalife users. The cash amount a user receives is based upon the number of meggapoints a user accumulates relative to the aggregate points of all other users.

Users also have a say in how funds are invested.  The trust invests funds based on the preferences of the investment club members – essentially crowdsourcing the portfolio allocation.  Based on anticipated user growth, HUTN expects the Trust to grow into the billions and EF Hutton, HUTN’s investment firm subsidiary, is the advisor to the trust.

To participate and have input on the allocation of funds, users need to join Beanstalk Club, a free investment club.  Then all you need is an investment account to start collecting points. Every user is treated as the owner of their own business and generating value from their online activity.

“One way to think of it is this – imagine getting paid to mow your own lawn – it would be like free money because you’re going to mow it anyway,” Remusat continued.  “In this case, you’re going to go online to use social networks and online services anyway – you may as well get paid for it.”  It is, essentially, a form of crowdfunding where everyone gets paid. There is a catch, however.

Meggalife needs to have a large number of registered users to attract major advertisers.  Given the value it provides users, company officials expect millions of registered during the first year based on partnerships and affiliate programs underway.

“It’s a compelling value proposition,” said Remusat.  “Registration is free and crowdfunding sites like GoFundMe have already proven that everyone wants free money.  We are also confident that advertisers will prefer this platform due to its patriotic mission to enhance the financial security of all Americans and that users will favor our advertisers.”

“Meggalife is a user revolution,” said Chris Daniels, president of Megga Inc. “Users increasingly recognize that their data, time and online activity have significant value, and yet they’re not receiving a dime for their efforts.  Social media applications and online tools generate hundreds of billions annually in advertising revenue and users should expect to receive their fair share.”

Users do not want to give up social networking, they just want a network that benefits them and cares about their needs and online security. Meggalife boldly challenges the current models with a user-centric option, leading an online rebellion and the next iteration of online activity – Web 3.0.  Meggalife’s value is compelling because users can immediately begin accumulating assets with just a few hours per week of online activity.

Meggalife’s initial offering includes social networking, email, search, news and entertainment services.  More than a dozen additional applications are already in development and scheduled for release in the near future, including mobile phone services, music and file sharing, communications, dating and employment tools.  Users can register for free at www.meggalife.com.

As a user-focused platform, meggalife.com takes user interests and concerns to heart and does not allow any third-party direct access to its user data and user accounts. Furthermore, meggalife.com is also combatting the problem of “fake news” by avoiding news filters that other social networks impose on users.  In contrast, meggalife.com allows users to customize their news feed.  See the website for full details on the point system and funds distribution.

In addition to individual savings opportunities, schools, bloggers and other groups have opportunities to earn money just by helping to grow the meggalife user base. A series of challenges have been set up that offer monetary and point rewards based on the number of users added as a result of the organization’s efforts. Currently, there are challenges for colleges, high schools, bloggers, and organizations of faith, non-profits and even families. The desktop version of meggalife is launching in Beta now with mobile apps soon to follow.

About Megga
Meggalife is an online platform that benefits users and protects their data privacy.  It is offered by Megga, Inc., a subsidiary of HUTN Inc. Meggalife has been under development for two years and funded by EF Hutton, an affiliate and leader in digital finance and investment services. For a more information, visit www.meggalife.com.