TORONTO, April 23, 2025 /CNW/ – Ryan Rumble, Michael Dziedzic and Justin Foss of Chatham, Ontario have each been charged with one count of fraud over $5,000 contrary to Section 380(1)(a) of the Criminal Code (Code). Mr. Rumble is also charged with one count of Utter Forged Document contrary to Section 368(1)(a) of the Code.

The charges relate to Banknote Capital Inc. (Banknote). The three individuals were all directors of Banknote.

The Ontario Securities Commission (OSC) alleges that from November 2020 to August 2023, the accused raised more than $11 million from investors by promising high rates of return and guaranteed principal. The OSC further alleges that funds collected from new investors were used to repay existing investors and funds were diverted for the personal benefit of Mr. Rumble.

Mr. Dziedzic and Mr. Foss surrendered to authorities, and were released on an undertaking. A Canada-wide warrant for Mr. Rumble’s arrest has been issued.

This investigation originated from Project Swan, a joint investigation by the Durham Regional Police Service (DRPS) and the OSC that also resulted in criminal charges against Aiden Pleterski and Colin Murphy.

This investigation was conducted by the Criminal Investigations team within the OSC’s Enforcement Division. The OSC wishes to acknowledge the assistance of the Chatham-Kent Police Service, and the Financial Transactions and Reports Analysis Centre of Canada.

Any investors who were solicited by Mr. Rumble, Mr. Dziedzic or Mr. Foss, or who invested in Banknote, should contact the OSC’s Contact Centre at 1-877-785-1555 (Toll Free) or inquiries@osc.gov.on.ca. The OSC would like to thank all those who have come forward with information to date.

The OSC urges investors to always check the registration of any person or business trying to sell them an investment or provide investment advice. This can be done by visiting the Check Before You Invest and Registered crypto asset trading platforms pages on the OSC website.

The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair, efficient and competitive capital markets, and confidence in the capital markets, to foster capital formation, and to contribute to the stability of the financial system and the reduction of systemic risk. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at https://www.osc.ca.

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SOURCE Ontario Securities Commission

Enhancing Manufacturing Operations with Advanced Cloud-Based ERP Systems

COSTA MESA, Calif., April 23, 2025 /PRNewswire-PRWeb/ — Gotomyerp, a leading provider of cloud-based Enterprise Resource Planning (ERP) solutions, is excited to announce a special $4,000 consulting incentive for manufacturing businesses aiming to modernize their operations through secure and efficient cloud ERP systems. This initiative underscores gotomyerp’s dedication to supporting manufacturers in streamlining processes, enhancing data security, and achieving operational excellence in a competitive market.

The manufacturing sector is experiencing rapid digitization, necessitating the integration of advanced technologies to maintain efficiency and productivity. Transitioning from traditional on-premise systems to cloud-based ERP solutions allows manufacturers to centralize operations, automate workflows, and access real-time data, thereby improving decision-making and responsiveness to market demands. Gotomyerp’s cloud ERP services are designed to meet these evolving needs, offering scalable and secure platforms tailored for the manufacturing industry.

Special Offer Details:

$4,000 in Expert Consulting Services: Manufacturing companies can leverage gotomyerp’s extensive expertise with a $4,000 consulting incentive, facilitating a seamless transition to cloud-based ERP systems. This offer includes personalized assessments, strategic planning, and implementation support to ensure optimal integration and functionality.

Benefits of gotomyerp’s Cloud ERP Solutions for Manufacturers:

Centralized Operations Management: Consolidate various manufacturing processes into a unified platform, enabling efficient monitoring and management of production, inventory, supply chain, and financials.Enhanced Data Security: Protect sensitive business information with robust cybersecurity measures, including encryption, multi-factor authentication, and regular security audits, ensuring compliance with industry standards.Scalability and Flexibility: Adapt to changing business needs with scalable cloud solutions that grow with your operations, allowing for easy addition of new functionalities and users without significant infrastructure investments.Cost Efficiency: Reduce expenses associated with maintaining on-premise servers and IT infrastructure by adopting cloud-based systems, freeing up resources for core manufacturing activities.Real-Time Data Access: Enable stakeholders to access up-to-date information from any location, facilitating informed decision-making and improved collaboration across departments.

“In today’s rapidly evolving manufacturing landscape, embracing cloud technology is essential for staying competitive,” said Robert Eppele, CEO of gotomyerp. “Our $4,000 consulting incentive is designed to assist manufacturers in seamlessly transitioning to cloud ERP systems, empowering them to enhance efficiency, security, and overall performance.”

About gotomyerp:

Gotomyerp is a trusted provider of fully managed cloud hosting solutions for QuickBooks, Sage, SAP, Microsoft, and other ERP platforms. Specializing in cloud hosting for various industries, including manufacturing, gotomyerp delivers secure, reliable, and scalable solutions that enable organizations to streamline their operations and improve overall performance. As an authorized reseller for Sage Intacct, Sage 100, and Sage 300, gotomyerp offers businesses access to industry-leading ERP solutions, providing tailored services for seamless integration and maximum efficiency. Through customized ERP solutions and dedicated consulting, gotomyerp helps manufacturing businesses manage their complex operations with security, efficiency, and confidence.

For more information about gotomyerp’s $4,000 consulting incentive or to learn more about their cloud ERP solutions for the manufacturing industry, visit www.gotomyerp.com or call (877) 888-5525.

Media Contact

Robert Eppele, gotomyerp, 1 877-888-5525, info@gotomyerp.com, https://www.gotomyerp.com/ 

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SOURCE gotomyerp

The WatchTower Spine Navigation System is designed to be uncomplicated, compact, and cost-effective. The Navigation Platform empowers surgeons with CT-based accuracy and streamlined workflows, eliminating the need for intraoperative CT scans.

JUPITER, Fla., April 23, 2025 /PRNewswire-PRWeb/ — Captiva Spine, a privately held medical device company specializing in spinal implants and enabling surgical technologies, announced today that it doubled year-over-year revenue month-to-date (MTD) in Q1 2025. This substantial growth is directly attributed to the accelerated market adoption of the company’s WatchTower Spine Navigation System and the newly launched ROAM unit, which boasts a compact footprint and WatchTower’s 2D to 3D registration capabilities.

This performance highlights the company’s continued commitment to delivering cost-effective, scalable navigation technology to underserved market segments, including Ambulatory Surgery Centers (ASCs) and Rural Access Hospitals (RAHs), two key verticals in the evolving U.S. spine care landscape.

This performance highlights the company’s continued commitment to delivering cost-effective, scalable navigation technology to underserved market segments, including Ambulatory Surgery Centers (ASCs) and Rural Access Hospitals (RAHs), two key verticals in the evolving U.S. spine care landscape.

“The WatchTower System offers a best-in-class navigation platform that’s efficient and accurate. Its compact design and ability to work with any implant make it a game-changer for all types of spinal cases,” said Aaron Creek, MD of The Neck and Back Institute of Florida, Miramar Beach, FL. Additionally, the WatchTower System is a breakthrough for rural communities like ours. Its simplicity and affordability finally bring advanced spinal navigation within reach for our patients.”

“ASC budgets demand careful management, but a commitment to procedural quality must remain unwavering. WatchTower’s advanced 2D to 3D registration algorithm affords an economical real-time 3D navigation alternative for the ASC by leveraging the imaging equipment we already own, C-arms,” said Mark Grubb, MD of the Center for Orthopedic and Spine Institute, Cleveland, OH. “Additionally, bringing navigation into the ASC eliminates anatomical ambiguity and has aided us in opening additional service lines like SI fusion.”

Growth Story: A Scalable Platform, Expanding Market

Captiva’s performance in Q1 reflects strong adoption of multi-site procedures and implant systems. WatchTower’s open navigation architecture allows a consistent experience across the full-featured WatchTower SNS and the compact mobile ROAM platform. This created new procedural volume and positions Captiva as a long-term partner in spine care transformation.

Key drivers of Q1 growth included:

The rapid adoption of WatchTower ROAM in ASC settings, where portability, price, and efficiency are critical.Strategic expansion into RAH facilities, with many adopting spine navigation for the first time.Repeat utilization and add-on implant pull-through support procedural revenue and recurring business.New distribution partnerships and expanded geographic reach across core U.S. spine markets.

“Our universal navigation platform, launched earlier this year, continues to drive adoption by making enabling technology more accessible across high-growth outpatient centers and underserved community hospitals,” said Dale Mitchell, President of Captiva Spine. “This platform has opened the door to new partnerships with independent distributors and spine implant companies, allowing WatchTower Navigation to enhance its clinical offerings. Our strong year-over-year revenue growth reflects the platform’s alignment with clinical needs and economic priorities in today’s spine care market.”

Looking Ahead: Strong Pipeline, Continued Expansion, and AI (Artificial Intelligence)

Following its Q1 performance, Captiva Spine is entering Q2 and Q3 with a robust sales pipeline. The company will continue to schedule system placements in existing territories and expand its navigation and core implant presence into new high-growth territories. Additionally, WatchTower’s agnostic capabilities have opened the opportunity for strategic industry partnerships. Captiva expects this system capability to provide additional partnership opportunities in the thoracolumbar and SI fusion markets.

Later this year, the company will also announce additional product enhancements and software updates with AI to increase procedural utility, simplify operator tasks, and integrate across more procedures.

Captiva Spine’s WatchTower Spine Navigation System will be featured at the AANS (American Association of Neurological Surgeons) Annual Meeting held in Boston, MA, April 25-27, 2025.

Captiva, a privately held organization, has recently unlocked opportunities for strategic investment and continues to build distribution partnerships, capitalizing on its current momentum to expand market share in 2025 and beyond. For investment or distribution inquiries, contact us at info@captivaspine.com.

About Captiva Spine

Captiva Spine, founded in 2007, is a privately held medical device company that brings healthcare providers, distribution professionals, and surgical facilities together with innovative spinal care solutions. With a focus on quality, Captiva Spine strives to develop reliable systems that offer clinical and economic solutions to the spine market.

Captiva Spine – Navigating Today.

Media Contact
Dale Mitchell, Captiva Spine, 1 561-277-9480, dale.mitchell@captivaspine.com, www.captivaspine.com
Erik Gottschalk, Captiva Spine, 1 561-277-9480, erik.gottschalk@captivaspine.com, www.captivaspine.com

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SOURCE Captiva Spine