Monday - June 30, 2025
News Tipoffs - Nevada Editors Newsletter for Saturday May 24, 2025 ( 2 items )  

Enhanced Geothermal Systems in the Great Basin Could Supply 10% of U.S. Electricity Demand
WASHINGTON, May 24 -- The U.S. Department of the Interior U.S. Geological Survey issued the following news release on May 22, 2025: * * * Enhanced geothermal systems in the Great Basin could supply 10% of U.S. electricity demand Provisional assessment shows potential for 135 gigawatts of baseload power-if current technology works at scale in Nevada and 5 adjoining states RESTON, VA. -- Geothermal energy in the Great Basin of Nevada and adjoining states could produce electricity equal to one-  more

SEC Charges Promoters of Purported Merchant Cash Advance Business With Operating $10 Million Ponzi Scheme
WASHINGTON, May 24 -- The Securities and Exchange Commission issued the following litigation release (No. 25-cv-00895-JCM-EJY; D. Nev. filed May 21, 2025): * * * Securities and Exchange Commission v. Joel J. Natario and Jefferson Scott (a/k/a "PATCH") Baker, No. 25-cv-00895-JCM-EJY (D. Nev. filed May 21, 2025) On May 21, 2025, the Securities and Exchange Commission filed charges against Joel J. Natario and Jefferson Scott Baker for allegedly operating a Ponzi scheme that raised more than $10   more