Press Release
1847 Holdings Under Scrutiny for $2.5 Million Payouts Following Polished.com Asset Seizure
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:
- The payments occurred immediately after Bank of America took legal action against Polished.com.
- The funds were disbursed to multiple firms rather than a single established service provider.
- Despite its financial distress, 1847 Holdings allocated millions to non-essential consulting agreements.
- 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
### 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.
About Author
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.
Press Release
Jack Botanicals Sets New Industry Standard with Premium Quality Kratom and Best Kratom Vendor
Las Vegas, NV, 6 Dec 2025, ZEX PR WIRE, Jack Botanicals, a premier kratom vendor serving over 60,000 enthusiasts worldwide, continues to distinguish itself as an industry leader through its unwavering commitment to quality, transparency, and exceptional customer experience.
Quality That Speaks for Itself
Jack Botanicals maintains rigorous third-party lab testing for all products to ensure potency, purity, and safety. The company follows Good Manufacturing Practice (GMP) guidelines, setting a benchmark that few competitors can match.
“We don’t just sell kratom—we deliver a promise of consistency and quality with every order,” said Eric Larson, CEO of Jack Botanicals. “Our customers deserve nothing less than products they can trust, backed by transparent testing and ethical sourcing practices.”
Comprehensive Product Selection
Jack Botanicals offers an extensive catalog of over 45 kratom varieties spanning multiple categories:
Premium Kratom Powders – Including Green, Red, White, Yellow, and Gold vein varieties sourced directly from Southeast Asian farmers, with prices starting at just $39
Convenient Capsules – Pre-measured dosages for on-the-go convenience without the mess of loose powder
Specialty Strains – Including popular options like Maeng Da, Bali, and Borneo, each carefully selected for unique characteristics
All products undergo multiple rounds of testing for heavy metals, microbes, and alkaloid content, ensuring customers receive only the purest, most potent kratom available.
Lightning-Fast Shipping and Customer-Centric Service
What truly sets Jack Botanicals apart is its operational excellence. Most orders arrive within one to three business days, with same-day shipping available. All packages are shipped discreetly to ensure customer privacy.
Customer testimonials consistently highlight the company’s responsive support team, with many noting response times under one hour. The personalized, human-based customer service approach has earned the trust of thousands of repeat customers.
Risk-Free Shopping Experience
Demonstrating confidence in product quality, Jack Botanicals offers a hassle-free 30-day money-back guarantee, provided 75% of the product remains. This customer-first policy allows buyers to shop with complete confidence.
New customers can take advantage of a special offer using promo code JACK30 for 30% off their first order.
Commitment to Sustainability and Ethics
Jack Botanicals prioritizes sustainable sourcing practices and maintains direct relationships with Southeast Asian farmers. The company’s enhanced packaging uses airtight, moisture-resistant containers that preserve freshness while minimizing environmental impact.
“We believe in doing business the right way—treating our customers, our suppliers, and the environment with respect,” Larson added. “That’s what makes Jack Botanicals different.”
About Jack Botanicals
Based in Las Vegas, Nevada, Jack Botanicals is a trusted source for premium kratom products dedicated to enhancing natural wellness and balance. The company carefully sources and rigorously tests its kratom to ensure purity, potency, and consistency, providing customers with reliable options for their wellbeing needs. Committed to transparency and sustainable practices, Jack Botanicals offers a range of kratom strains to support diverse wellness goals.
Contact Information
Eric Larson
CEO, Jack Botanicals
Website: https://jackbotanicals.com
Note: The United States Food and Drug Administration (FDA) has not evaluated kratom products. Customers should verify the legal status of kratom in their state before purchasing or using this product.
Contact:
For inquiries, product samples, or interview requests:
social@jackbotanicals.com
About Author
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.
Press Release
The Attic Insulation Specialists Inc. Expands Full-Service Home Energy and Safety Solutions Across Southern California
United States, 6th Dec 2025 – Homeowners across Los Angeles, Orange, Ventura, Riverside, and San Bernardino Counties now have access to a complete solution for attic insulation, crawl space cleaning, mold remediation, and home energy efficiency through The Attic Insulation Specialists Inc. With decades of combined service experience, the company continues to set the standard for residential home performance, safety, and energy savings in Southern California.
As licensed, bonded, and insured experts, The Attic Insulation Specialists provide a full range of professional services designed to protect homes, improve indoor air quality, and increase long-term energy efficiency. Their offerings include attic insulation installation and removal, radiant barrier insulation, crawl space cleaning and waterproofing, HVAC ductwork services, mold remediation, rodent proofing, ventilation solutions, disaster recovery cleaning, and drill-and-fill wall insulation.
“Our mission is to provide long-lasting solutions that improve the safety, comfort, and energy efficiency of every home we work on,” said Sergey Or, RMO at The Attic Insulation Specialists Inc. “By combining high-grade materials, expert craftsmanship, and code-compliant practices, we deliver results homeowners can depend on for years.”
Proper insulation is one of the most effective ways to reduce energy costs and maintain indoor comfort. The company installs top-quality insulation materials that prevent heat loss, reduce moisture buildup, and protect against rodent damage. Their crawl space services—including vapor barriers, waterproofing, and dehumidifier installation—address moisture, mold, and structural concerns that commonly affect Southern California homes.
The company’s mold remediation services eliminate harmful spores and restore safe indoor air quality, while their attic and roof ventilation systems reduce condensation, lower energy usage, and prevent mold growth. Homeowners experiencing fire, smoke, or environmental damage rely on their deep cleaning and disaster recovery services for fast, thorough restoration.
Every project is completed under direct supervision of a Licensed Contractor and RMO, ensuring compliance with all California state laws and building codes. The Attic Insulation Specialists have earned the trust of more than 28,900 households and received over 1,500 positive reviews, reflecting an unwavering commitment to customer satisfaction.
Homeowners also benefit from a 10-year service warranty and lifetime insulation warranty, reinforcing the company’s dedication to long-term value, durability, and performance.
Why Homeowners Across Southern California Choose The Attic Insulation Specialists
- Experienced Experts with decades of combined knowledge in attic and crawl space solutions
- Comprehensive Protection: Insulation, ventilation, rodent control, mold remediation, and more
- Licensed, Bonded & Insured for complete homeowner peace of mind
- Code-Compliant Work meeting all California state requirements
- Fast & Reliable Local Service across Los Angeles, Orange, Ventura, Riverside & San Bernardino Counties
- Long-Term Warranties ensuring unmatched value and reliability
“We treat every home like our own,” said RMO Sergey Or. “Our goal is to create safer, cleaner, more energy-efficient environments for families throughout Southern California.”
Homeowners looking to improve home comfort, efficiency, and protection can contact The Attic Insulation Specialists today at 800-778-3765 or visit www.theatticspecialist.com to schedule a free inspection with a Licensed Contractor.
About The Attic Insulation Specialists Inc.
Based in Los Angeles, CA, The Attic Insulation Specialists Inc. is a leading insulation and home performance company serving Los Angeles, Orange, Ventura, Riverside, and San Bernardino Counties. Offering attic insulation, crawl space services, mold remediation, ventilation solutions, rodent proofing, and more, the company is dedicated to providing safe, efficient, and durable home improvement services backed by expert supervision and state-compliant standards.
Contact:
RMO
The Attic Insulation Specialists
Tel: 800-778-3765 | 213-258-0354
Email: theatticspecialist@gmail.com
Website: www.theatticspecialist.com
Media Contact
Organization: The Attic Insulation Specialists
Contact Person: RMO
Website: http://www.theatticspecialist.com/
Email: Send Email
Country:United States
Release id:38646
The post The Attic Insulation Specialists Inc. Expands Full-Service Home Energy and Safety Solutions Across Southern California 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
About Author
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.
Press Release
NUICC Launches South India Regional Chamber in Bengaluru to Propel U.S.–India Trade and Innovation
Celebrating 20 Years of Fostering Economic Ties, the Chamber Targets the Dynamic Tech and Industrial Hub of South India
Denver, Denver, United States, 6th Dec 2025 – The National U.S.–India Chamber of Commerce (NUICC) today announced the inauguration of its South India Regional Chamber in Bengaluru, a strategic expansion designed to deepen economic collaboration between the United States and India’s vibrant southern states. The launch event, held on December 3, 2025, marks a pivotal milestone in NUICC’s 20th-anniversary year, underscoring its commitment to fostering bilateral trade, investment, and innovation.
The new chamber will serve as a dedicated hub for businesses, entrepreneurs, and thought leaders across Karnataka, Tamil Nadu, Telangana, Kerala, and Andhra Pradesh. It aims to leverage South India’s renowned strengths in technology, R&D, aerospace, biotechnology, renewable energy, and advanced manufacturing to create new pathways for U.S.–India commercial partnerships.
“For two decades, NUICC has been at the forefront of building bridges between the world’s largest economies,” said Dr Purnima Voria, Founder & CEO of NUICC. “The inauguration of our South India Regional Chamber in Bengaluru—the ‘Silicon Valley of India’—is a natural and strategic evolution. This region is a powerhouse of innovation and entrepreneurship, and we are here to connect its dynamism with opportunities across the United States, driving growth and shared prosperity.”
The launch event featured keynote addresses from senior government officials from India and the United States, alongside leaders from global corporations and pioneering startups. Panel discussions focused on critical themes such as “Semiconductors and Supply Chain Resilience,” “Cross-Border Venture Capital in Deep Tech,” and “Sustainable Infrastructure and Clean Energy Partnerships.”
Key Objectives of the South India Regional Chamber Include:
- Facilitating Market Access: Providing U.S. companies with on-the-ground intelligence and networks to navigate and thrive in South India’s diverse markets, and vice versa.
- Accelerating Innovation: Creating a collaborative ecosystem where U.S. and Indian tech firms, research institutions, and startups can co-develop solutions for global challenges.
- Advocating for Policy: Engaging with stakeholders at the state and national levels to promote a conducive regulatory environment for trade and investment.
- Building Sector-Specific Alliances: Developing focused initiatives in priority sectors such as IT/ITeS, aerospace & defence, fintech, healthcare, and smart infrastructure.
- Nurturing Leadership: Offering executive programs and networking forums to strengthen people-to-people ties and cultivate the next generation of business leaders.
“Bengaluru is not just a location; it’s a statement of intent,” said Dr Purnima Voria. “Our chamber will be proactive, project-driven, and results-oriented. We are excited to work hand-in-hand with the local business community to turn potential into tangible projects and partnerships.”
The launch coincides with NUICC’s year-long 20th-anniversary observance, which highlights two decades of achievements in strengthening the U.S.–India economic corridor. The establishment of the South India Chamber is seen as a cornerstone for the organisation’s next decade of growth.
About the National U.S.–India Chamber of Commerce (NUICC):
Founded in 2005, the National U.S.–India Chamber of Commerce (NUICC) is a premier non-profit business advocacy organisation dedicated to enhancing bilateral trade, investment, and commercial relations between the United States and India. With chapters across the United States and now in India, NUICC provides its members with policy advocacy, strategic insights, business matchmaking, and a powerful network to succeed in both markets.
Media Contact
Organization: NUICC
Contact Person: Satish Kumar Seena
Website: https://nuicc.org/
Email: Send Email
Contact Number: +13033253094
Address:1099 17th St, Suite 2150, Denver,
Address 2: CO 80202 United States
City: Denver
State: Denver
Country:United States
Release id:38606
The post NUICC Launches South India Regional Chamber in Bengaluru to Propel U.S.–India Trade and Innovation 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
About Author
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.
Jack Botanicals Sets New Industry Standard with Premium Quality Kratom and Best Kratom Vendor
The Attic Insulation Specialists Inc. Expands Full-Service Home Energy and Safety Solutions Across Southern California
NUICC Launches South India Regional Chamber in Bengaluru to Propel U.S.–India Trade and Innovation
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