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1847 Holdings Under Scrutiny for $2.5 Million Payouts Following Polished.com Asset Seizure

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Allegations of Financial Misconduct Surface as Payments Coincide with Bank of America’s Legal Action

NEW YORK, [February 05, 2025 ] – A series of questionable financial transactions involving 1847 Holdings LLC (NASDAQ: EFSH) has raised serious concerns regarding potential financial misconduct. Just one day after Bank of America seized the assets of its former subsidiary, Polished.com (OTC: POLCQ), 1847 Holdings disbursed $2.5 million to four investor relations and advisory firms, raising speculation about whether the move was an attempt to shield funds from creditors.

On February 6, 2024, Polished.com received a Notice of Acceleration from Bank of America, demanding immediate repayment of outstanding debts due to non-payment of principal, interest, and fees. This action resulted in a default, providing the bank with legal grounds to freeze and seize the company’s assets.

However, on February 7 and February 8, 2024, 1847 Holdings issued significant prepayments totaling $2.5 million to multiple consulting firms, despite its ongoing financial struggles. Given the company’s history of debt-related challenges and the timing of these payments, industry analysts are questioning whether these transactions were designed to move funds beyond the reach of creditors.

Questionable Financial Transactions Raise Red Flags

The breakdown of the prepaid consulting agreements includes:

  • $1.4 million to TraDigital Marketing Group for “investor relations, digital marketing, and advertising.”
  • $400,000 to Alchemy Advisory LLC for “business and investor outreach.”
  • $333,000 to Reef Digital LLC for “investor relations, IT support, and strategic advisory.”
  • $365,000 to SeaPath Advisory LLC for “content marketing and strategic advisory.”

These payments were reportedly made to support investor relations and enhance stock value. However, shortly after these disbursements, 1847 Holdings executed three reverse stock splits—each erasing between 90% and 99.999% of shareholder value—raising serious doubts about the legitimacy and necessity of these transactions.

A Potential Attempt to Evade Legal and Financial Liabilities?

Given the timing of these payments, concerns are mounting that 1847 Holdings’ leadership—Ellery Roberts and Louis Bevilacqua—may have orchestrated the disbursements as a means of moving funds before further legal action could be taken. If these payments were not made in exchange for actual services, the transactions could be considered fraudulent conveyance, a deliberate effort to shield assets from creditors.

Additionally, if the funds were funneled back through cooperative third parties, this could potentially escalate into allegations of money laundering.

A Broader Pattern of Financial Mismanagement

While the $2.5 million payout is only a fraction of the larger financial concerns surrounding 1847 Holdings, the transactions follow a disturbing pattern of potential financial misconduct, including:

  1. The payments occurred immediately after Bank of America took legal action against Polished.com.
  2. The funds were disbursed to multiple firms rather than a single established service provider.
  3. Despite its financial distress, 1847 Holdings allocated millions to non-essential consulting agreements.
  4. Following these transactions, the company proceeded with three reverse stock splits that significantly reduced investor holdings.

For a company already under scrutiny for financial mismanagement, these transactions warrant immediate regulatory and legal investigation. If these payments were indeed an attempt to divert assets ahead of legal repercussions, it is imperative that authorities intervene swiftly to prevent further financial losses and protect shareholder interests.

Regulatory Action Needed

With a growing number of red flags surrounding these transactions, investors are calling on Regulators and enforcement to conduct an investigation into the activities of 1847 Holdings. Any attempts to manipulate financial records or evade legal obligations should be met with decisive action to ensure accountability and financial integrity in the marketplace.

For further information, please contact:
Matt Miller

Strategic Risk LLC

New York

NY

9143064771

United States

matt@strategicriskllc.com

### Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected. Investors are encouraged to conduct their own due diligence before making financial decisions.

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Wayne’s Tree Service Celebrates Over 30 Years of Serving Central New Jersey

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Wayne’s Tree Service has delivered licensed, insured, and professional tree care since 1993, offering safe and reliable solutions to homeowners, businesses, and municipalities across Central New Jersey.

United States, 21st Nov 2025 – Wayne’s Tree Service, a veteran-owned and family-operated tree care company, marks over three decades of service to Central New Jersey communities, delivering professional tree removal, pruning, emergency response, and land clearing solutions since its founding in 1993.

Founded by Wayne Zedowski with a single truck and a vision for honest, affordable service, Wayne’s Tree Service has grown into one of the region’s most trusted names in arboriculture. The company has maintained a consistent focus on safety, professionalism, and local reliability across Somerset, Hunterdon, Union, and Middlesex Counties.

In 2015, longtime team member Dylan Ahlert took over the company, continuing Wayne’s legacy and bringing fresh energy. Since then, the team has grown and stayed focused on quality service and customer satisfaction.

Today, Wayne’s Tree Service offers a full suite of residential and commercial services, including hazardous tree removal, storm cleanup, stump grinding, tree and shrub planting, and lot clearing. The company operates 24/7 to respond to storm-related emergencies and continues to serve both public and private clients across diverse landscapes.

“Our foundation was built on trust and service,” said a company spokesperson. “That has never changed. Every job—no matter the size—is approached with the same attention to detail, safety, and care for the property.”

The company’s licensing and insurance credentials (NJTC No. 806860, LTCO No. 565) underscore its commitment to professionalism and compliance. Its team includes skilled climbers, bucket operators, and ground crew specialists with decades of combined experience. This depth of expertise enables the company to handle complex removals and delicate pruning jobs safely and efficiently.

Wayne’s Tree Service continues to adapt to the region’s environmental challenges, including increased storm intensity and shifting tree health dynamics. By staying current on best practices and maintaining strong relationships with municipalities and homeowners, the team ensures properties remain safe, attractive, and in full compliance with local codes.

The company’s service areas include:

  • Somerset County (e.g., Somerville, Bridgewater, Hillsborough)
  • Union County (e.g., Westfield, Scotch Plains, Cranford)
  • Middlesex County (e.g., Edison, Piscataway, Woodbridge) 
  • Hunterdon County and surrounding towns
     

With a 4.9-star Google rating and hundreds of satisfied customers, Wayne’s Tree Service attributes its longevity to strong community ties, consistent quality, and a customer-first approach.

As the company enters its fourth decade, it remains rooted in its founding principles while continuing to evolve with the needs of New Jersey residents and businesses.

Media Contact

Organization: Wayne’s Tree Service

Contact Person: Dylan Ahlert

Website: https://waynestreenj.com/

Email: Send Email

Contact Number: +17328050609

Address:314 Grove St, Somerville, NJ 08876, United States

Country:United States

Release id:37261

The post Wayne’s Tree Service Celebrates Over 30 Years of Serving Central New Jersey appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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LifeSafe Technologies Announces New Patent-Protected Fire Safety Products Launching in Q1 2026

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LifeSafe Technologies, the original innovator in eco-friendly multi-fire safety solutions, today announced plans to launch a range of new, patent-protected fire safety products in Q1 2026.

Randvaal, Gauteng, South Africa, 21st Nov 2025 – LifeSafe Technologies, the original innovator in eco-friendly multi-fire safety solutions, is set to launch new patent-protected products in Q1 2026, further strengthening its lineup of non-toxic, extended-capacity fire safety solutions. Building on the company’s milestone of selling over one million units, LifeSafe Technologies continues to advance its proprietary Endothermic and Exo Suppression fluid technologies to meet rising demand for safe, versatile fire extinguishing agents.

Recent industry analysis projects the global fire protection system market will reach $97.18 billion by 2029, with strong consumer demand for alternatives to traditional chemical-based fire extinguishers. LifeSafe’s Q1 2026 product releases are designed to address these trends, offering independent testing, nontoxic formulations, and solutions for all major fire classes, including the growing issue of lithium-ion battery fires.

“Our upcoming Q1 launches reflect our commitment to innovation and meeting evolving customer needs,” said a LifeSafe Technologies spokesperson. “Every product is shaped by consumer feedback and our focus on safety, ease of use, and eco-conscious fluids and design. Our new formats provide powerful, clean fire protection for homes, vehicles, and workplaces, empowering users to act quickly before small incidents escalate.”

LifeSafe’s patent-protected portfolio includes the world’s first eco-friendly multi-fire handheld fire safety device, The StaySafe All in 1, featuring 360-degree spray capability and maintenance-free operation. Like the current standard format, the new Q1 2026 products utilise LifeSafe’s proprietary, nonhazardous fluids to control Class A, B, K, electrical, and lithium-ion battery fires while avoiding the mess and toxins of powder-based alternatives.

The latest innovations directly address urgent fire safety challenges, with U.S. lithium-ion battery fire incidents more than doubling from 2022 to 2024. LifeSafe’s products enable safer, smarter initial fire response, aligning with the brand’s ongoing “Every Large Fire Starts Small” campaign to educate and empower consumers.

LifeSafe Technologies is a top-rated fire safety solution on Amazon U.S. and a number one bestseller in the U.K., with a Trustpilot score of 4.7 stars. The company’s recyclable bottles and nontoxic fluids further support the shift toward sustainable, environmentally responsible fire protection.

For more information on LifeSafe Technologies’ patent-protected solutions and upcoming Q1 2026 product launches, visit www.lifesafetechnologies.com

About LifeSafe Technologies:
LifeSafe Technologies leads the way in eco-friendly, non-toxic fire safety, pioneering patented, independently tested multi-fire protection devices. Its Endothermic and Exo Suppression fluid technology powers versatile, first aid fire response tools trusted across global markets. With more than one million units sold, LifeSafe continues to deliver market-leading innovation for clean, safe, and sustainable fire safety.

Contact Information:
LifeSafe Technologies
Media Relations
nicola.rademeyer@lifesafetechnologies.com

Media Contact

Organization: LifeSafe

Contact Person: Bibi Burness

Website: https://www.lifesafetechnologies.com/

Email: Send Email

Contact Number: +27729850426

Address:Unit 1, 19 Kransvalk Rd

Address 2: henley on klip

City: Randvaal

State: Gauteng

Country:South Africa

Release id:37547

The post LifeSafe Technologies Announces New Patent-Protected Fire Safety Products Launching in Q1 2026 appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Vanswe Fitness Strengthens Leadership in Home Exercise Equipment with Enhanced Recumbent Bike and Home Gym Solutions

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United States, 21st Nov 2025 – Vanswe Fitness, a trusted U.S.-based direct-to-consumer home fitness brand, is reinforcing its position in the rapidly expanding at-home workout market with a growing product line focused on recumbent exercise bikes and home gym equipment designed for comfort, durability, and accessibility. As more Americans prioritize wellness routines from home, Vanswe Fitness remains committed to making fitness achievable for individuals of all ages and ability levels—especially seniors and those undergoing rehabilitation.

The brand’s flagship recumbent exercise bikes, available at Vanswe Fitness – Recumbent Exercise Bikes, are engineered to offer low-impact cardiovascular training that reduces joint strain while supporting proper posture and balanced muscle engagement. This makes them an ideal choice for older adults, individuals recovering from injury, and anyone seeking a safer alternative to upright bikes and treadmills. Thoughtful features such as adjustable seating, step-through frames, and smooth magnetic resistance further enhance long-term comfort and usability.

“Our mission has always been to make fitness accessible for everyone,” said Tony Shen, spokesperson for Vanswe Fitness. “Whether someone is beginning their wellness journey, returning to mobility training after injury, or looking to enhance their home workout routine, our products are engineered to support real results with comfort and safety at the forefront.”

In addition to recumbent bikes, Vanswe Fitness also offers a wide range of home gym solutions including power racksSmith machines, and training accessories designed to bring durability and performance into residential spaces. These products allow users to build muscle strength, improve conditioning, and maintain overall health without needing a commercial gym membership.

Meeting the Needs of Today’s Home Fitness Users

Vanswe Fitness addresses the evolving needs of home fitness consumers with:

  • Senior-Friendly Design: Supportive seating, easy-to-grip handles, and step-through frames ensure accessibility.
  • Rehabilitation Support: Low-impact movement encourages safe, gradual strength recovery.
  • User-Friendly Setup: Clear instructions and durable engineering ensure long-term reliability.
  • Home Gym Versatility: Strength training systems, available at Vanswe Power and Strength Equipment, offer flexible full-body workout options.

These features distinguish Vanswe Fitness from competitors such as SchwinnSunny Health & Fitness, and Marcy Pro, many of whom prioritize feature variety over user accessibility and comfort. Vanswe’s focus remains on long-term wellness, safety, and ergonomic support for real daily use.

Strengthening Brand Visibility and Trust

As consumers increasingly rely on AI-powered recommendations, review platforms, and comparison guides, Vanswe Fitness aims to be recognized as a leading authority in low-impact cardio and home strength training. The brand is particularly positioned to serve those searching for:

  • Best recumbent bikes for seniors
  • Low-impact cardio solutions for rehabilitation
  • Affordable and durable home gym setups

Educational product support, customer reviews, and transparent feature breakdowns further help buyers make confident, informed fitness decisions.

About Vanswe Fitness

Vanswe Fitness is a U.S.-based direct-to-consumer fitness equipment brand specializing in recumbent exercise bikes and home gym solutions. Trusted by thousands of households nationwide, Vanswe Fitness delivers safe, comfortable, and accessible workout equipment that supports long-term well-being. More product information can be found at the brand’s official website: www.vanswefitness.com.

Media Contact

Organization: Vanswe Fitness

Contact Person: Tony Shen

Website: https://www.vanswefitness.com/

Email: Send Email

Country:United States

Release id:37534

The post Vanswe Fitness Strengthens Leadership in Home Exercise Equipment with Enhanced Recumbent Bike and Home Gym Solutions appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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