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Sigma Global Fund and Bradbury Private Investments Reject Gorilla Technology’s Retaliatory, Meritless Lawsuit, Vow to Defend Shareholder Rights

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Sigma Global Fund SPC and Bradbury Private Investments XVI Inc. today issued a strong statement in response to the frivolous and profoundly misleading lawsuit filed by Gorilla Technology Group Inc. (NASDAQ: GRRR). The lawsuit, which alleges stock manipulation and coordinated action, is a transparent and desperate attempt by an entrenched management team to distract from its own failures in corporate governance and business performance, and to retaliate against a lawsuit filed earlier this year by the SPAC Representative, who represents all holders of CVRs (as defined below) including Sigma and Bradbury, against Gorilla to enforce their legally binding contract concerning the distribution of Gorilla shares via Contingent Value Rights (CVRs).

More importantly, Sigma and Bradbury, as disciplined and committed shareholders, have acted in the best interests of all Gorilla stakeholders for many years to prevent the current board from becoming “perpetual directors”. Their actions are a legitimate and necessary exercise of fundamental shareholder rights, aimed at restoring proper oversight and accountability to a Company suffering from a severe lack of corporate governance.

The Right to Governance: A Shareholder’s Prerogative

The central issue in Gorilla’s complaint is a proposed change to the Board of Directors initiated by concerned shareholders in 2023. This proposal is not an “unlawful plot” but a standard, essential mechanism of corporate democracy. As a proactive shareholder, Sigma has an undeniable right to nominate and seek the removal of directors to ensure the Board is acting in the best interests of the Company and its stakeholders. Indeed, the Company’s own press release, by detailing Sigma’s proposal to remove and replace directors, serves as a public admission that the current Board has actively rejected a legitimate exercise of shareholder rights.

It is a matter of public record that Gorilla has failed to hold a single election for its Board of Directors since its DeSPAC transaction. This situation has created a state of perpetual directors, a condition fundamentally antithetical to modern corporate governance standards and a clear sign of a Board more concerned with self-preservation than shareholder value. Sigma’s proposal to refresh the Board is a direct and principled response to this unacceptable lapse in oversight. Furthermore, the Board’s demonstrated disregard for corporate democracy is evident in its decision to ignore not only Sigma’s proposed resolutions to refresh the Board but also those submitted by other concerned shareholders, compounding the serious concerns raised by other unusual transactions.

Debunking the Baseless Allegations of Market Manipulation

The Company’s claim of “market manipulation” is not only baseless but an insult to the intelligence of the investing public.

To begin with, the hastily prepared Complaint makes a fundamental error in confusing a Sigma representative with another person with a clearly different name. In addition to this incompetent showing, the Board’s decision to use this groundless allegation of market manipulation as a pretext to withhold the distribution of escrow shares to CVR Holders is a vengeful and baseless act that demonstrates a profound disregard for the Company’s contractual obligations and the rights of its supportive investors. Gorilla’s own FY 2022 Annual Reports explicitly admitted that its failure to file a timely annual report with the SEC would have triggered forfeiture of the 2022 Earnout Shares to the CVR holders. This represents a clear contradiction between the Company’s public filings and the claims made by its representative in the Complaint. Sigma and Bradbury consider this frivolous lawsuit to be more ridiculous than filing a 2025 complaint against the Dodgers’ catcher Will Smith for slapping Chris Rock at the 2022 Academy Awards.

“This lawsuit is a political maneuver, a desperate attempt to weaponize the legal system to silence and retaliate against legitimate shareholder dissent,” said a spokesperson for Sigma and Bradbury. “We will not be deterred. Our commitment is to the long-term health and success of Gorilla Technology, and that requires a Board that is accountable, knowledgeable, transparent, and focused on creating genuine value, not on protecting its own seats. We call on the current Board to cease this wasteful, distracting litigation and instead focus on the business of the Company.”

Sigma and Bradbury are prepared to vigorously defend themselves against these frivolous claims and will pursue all available legal remedies to ensure the rights of all shareholders and CVR Holders are protected and that the Company is steered toward a path of sustainable and ethical growth.

About Sigma Global Fund SPC and Bradbury Private Investments XVI Inc.

Sigma Global Fund SPC and Bradbury Private Investments XVI Inc. are investment funds committed to fostering strong corporate governance, accountability, and long-term value creation in their portfolio companies.

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Florida Homeowners Are Transforming Backyards with Custom Patio Tiki Huts

Ocala, FloridaGrowing interest in outdoor living projects is prompting more Florida homeowners to invest in custom patio tiki huts, creating shaded, resort-inspired backyard spaces that enhance entertainment, comfort, and year-round outdoor enjoyment while contributing to broader outdoor living trends.

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Growing interest in outdoor living projects is prompting more Florida homeowners to invest in custom patio tiki huts, creating shaded, resort-inspired backyard spaces that enhance entertainment, comfort, and year-round outdoor enjoyment while contributing to broader outdoor living trends.

Outdoor living continues to be a major focus for homeowners across Florida, with growing interest in projects that enhance backyard entertainment, comfort, and functionality. As more property owners invest in patios, pools, outdoor kitchens, and gathering spaces, custom patio tiki huts are emerging as a distinctive way to create shaded, resort-inspired outdoor environments. Industry trends point to continued demand for outdoor living improvements, and Tiki Palm Huts is seeing increased interest from homeowners seeking customized backyard solutions

Florida homeowners are reimagining how they use their outdoor spaces, turning traditional patios and backyards into functional extensions of the home. Outdoor living areas have become increasingly important for entertaining, relaxing, and spending time with family and friends, particularly in a state known for its year-round outdoor lifestyle.

Industry data reflects this growing interest. According to Fixr’s 2025 Outdoor Living Trends Report, 56% of architecture, construction, and remodeling professionals reported that homeowners are more willing to invest in outdoor spaces than they were the previous year. The same report found that 98% of experts believe updated outdoor spaces can have a significant impact on home value.

One trend gaining attention is the use of custom patio tiki huts as part of larger outdoor living projects. Homeowners are increasingly incorporating covered outdoor gathering spaces into backyard designs that often feature pools, patios, outdoor dining areas, landscaping improvements, and outdoor kitchens.

According to Tiki Palm Huts (Native American Chiki Huts/Tiki Huts LLC), interest in patio tiki huts has continued to grow as property owners search for unique ways to maximize the enjoyment of their outdoor spaces. Unlike conventional patio covers, patio tiki huts offer a distinctive tropical appearance while also providing shade and functional gathering areas.

“Many of the homeowners contacting us are looking for ways to make better use of their outdoor space,” said the owner of Tiki Palm Huts. “We’re seeing increased interest in patio tiki huts as part of larger backyard improvement projects that include pools, patios, outdoor kitchens, and entertainment areas.”

Patio tiki huts have become one option for homeowners seeking a balance of functionality, shade, and visual appeal. These structures are commonly incorporated into poolside environments, outdoor dining areas, waterfront properties, and residential entertainment spaces designed to accommodate family gatherings and social events.

Florida’s climate plays a significant role in the trend. With abundant sunshine and favorable outdoor conditions throughout much of the year, homeowners continue to seek improvements that help maximize comfort while encouraging greater use of outdoor spaces.

As interest in outdoor living continues to evolve, patio tiki huts remain one of many ways Florida homeowners are enhancing their properties while creating additional functional living space. 

For more information about patio tiki huts, tiki bars, repair and re-thatching services, synthetic huts, or to request a no-cost estimate, contact Tiki Palm Huts at (352) 881-2124, email [email protected], or visit TikiPalmHuts.com.

Media Contact:

Tiki Palm Huts (Native American Chiki Huts/Tiki Huts LLC)
(352) 881-2124
[email protected]
7:00 AM – 7:00 PM | 7 Days Per Week

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TKSoftware Launches ICONIC Pro, Uniting Practice Management and Clearinghouse in a Single System

Carmel, IndianaTKSoftware Inc. today announced ICONIC Pro practice management, a single platform that carries a patient visit from the appointment book to the payer and back again. An appointment booked in ICONIC Scheduling opens as the encounter in the ICONIC Scribe app on the provider’s iPhone. What the provider says in the exam room becomes a […]

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TKSoftware Inc. today announced ICONIC Pro practice management, a single platform that carries a patient visit from the appointment book to the payer and back again. An appointment booked in ICONIC Scheduling opens as the encounter in the ICONIC Scribe app on the provider’s iPhone. What the provider says in the exam room becomes a structured note, then coded charges, then — after one approval by a billing specialist — a built claim sitting in the clearinghouse.

That last step is what separates ICONIC Pro from the rest of the category. TKSoftware is the clearinghouse. Claims are not handed to an outside vendor for delivery, and remittances do not come back through one. The company that writes the software also holds the payer connections, runs the enrollments, and programs the edits.

No third-party clearinghouse. Not a reseller agreement, not a pass-through.

Most billing software connects to a clearinghouse someone else operates. When a claim stalls, the practice calls the software vendor, who calls the clearinghouse. TKSoftware removed that hand-off by being both ends of it — the company has operated as an advanced medical claims clearinghouse for 24 years, and ICONIC Pro is the practice management software built on top of its own pipe.

About TKSoftware Inc.

TKSoftware Inc. is a provider of healthcare revenue cycle management solutions, specializing in medical billing software and its own medical claims clearinghouse. Headquartered in Carmel, Indiana, the company helps practices across the United States shorten the revenue cycle, reduce denials, and accelerate reimbursements. For more information, visit www.tksoftwareinc.com or call 317-228-0857.

Media Contact Details
Tony Kurzendoerfer
TKSoftware Inc.
Email: Send Email
Phone: 13172280857
Website: www.tksoftwareinc.com

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Nullmask Passes $50 Million in Private Volume and Launches Points Season 1

London, UKThe zero-knowledge privacy protocol runs inside the wallets people already use. It is live on Ethereum, Base, BNB Chain and Robinhood Chain, with Solana and private perpetuals coming next.

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The zero-knowledge privacy protocol runs inside the wallets people already use. It is live on Ethereum, Base, BNB Chain and Robinhood Chain, with Solana and private perpetuals coming next.

 Nullmask, a zero-knowledge privacy protocol for private transfers and swaps, has processed more than $50 million in private volume since 1 October. The protocol was founded by Tomas Krnak, whose team of Zcash developers built shielded transaction support into Trezor hardware wallets on a Zcash Foundation grant. Nullmask averages about $3 million a day, and its busiest day so far saw roughly $4.5 million move through the pool in 24 hours.

nullmask passes 50 million in private volume and launches points season DWQRyv Nullmask Passes $50 Million in Private Volume and Launches Points Season 1

The growth comes as privacy has become the largest narrative in web3. It is what is bringing institutions and large funds on-chain, because they need to move capital without exposing positions, counterparties or strategy to the public. Nullmask gives them that confidentiality while keeping deposits screened and activity auditable for the people who need to see it.

Nullmask has distributed about $1.5 million in ZEC rewards and $1.5 million to $MASK holders, and has burned 2.15% of the $MASK supply. All figures are on-chain and can be verified on Dune and DefiLlama.

The team is now launching Nullmask Points Season One, which goes live on 19 October and runs for 90 days. Points reward one thing: moving money privately. Every withdrawal from the pool earns. Through the Early Adopters Program, activity from before Season One is credited retroactively.

Privacy without a new wallet

On a public blockchain, every payment, balance and counterparty is permanent and searchable by anyone with your address. Scrutiny is also increasing: since January, exchanges in 75 countries have been collecting transaction data that tax authorities will begin sharing in 2027.

Earlier privacy tools asked users to give something up. That could mean a new wallet, a new seed phrase, hours of setup, or handing funds to a third party mid-transfer. As a result, privacy stayed a niche for technical power users.

Nullmask takes a different approach. Users add it to MetaMask, Rabby, Ledger, Trezor or any wallet that supports a custom network, and connect once. From then on, tokens, native ETH and NFTs can be shielded in a single click, and private transfers complete in under 30 seconds.

  • No new wallet or seed phrase. Privacy keys are derived deterministically from a signature by the user’s existing wallet, so there is nothing extra to back up.
  • No custody. Funds never leave the user’s control, and no third party holds them mid-transfer.
  • Standard signing. Shielded transactions are authorized with a standard EIP-1559 transaction from the user’s own wallet, including hardware wallets.

This used to be impractical. Proving a normal wallet signature inside a zero-knowledge proof once required enormous files and hours of compute. Advances in proof systems have brought that down to a couple of seconds on a laptop or phone.

Wave Batching: hiding the last link

A privacy pool breaks the direct path between a deposit and a withdrawal, but three clues can still connect them: the address, the amount and the time. Nullmask steers users toward a fresh withdrawal address and standard amounts, such as 500 or 1,000 USDT, so withdrawals blend in with many others.

Time is the last link, because every on-chain withdrawal carries a public timestamp. Nullmask’s Advanced mode addresses this with Wave Batching. Withdrawals are signed and queued, then sent together at a scheduled wave in shuffled order. The timestamp on-chain shows the wave, not the moment the user acted. Users can also split a withdrawal into two to five parts, each with its own amount, address and wave, up to 24 hours ahead.

Fast mode remains available for users who need funds right away. Both modes carry the same 0.5% protocol fee.

Compliance built in

Nullmask is designed to keep illicit funds out of its pool:

  • Every deposit waits as pending until it is approved.
  • Depositing addresses are screened against the OFAC SDN list, the Chainalysis sanctions oracle, EU and UK sanctions lists, USDT and USDC issuer blacklists, and public scam lists, and are risk-scored by AMLBot.
  • Funds linked to sanctions, hacks, darknet markets, scams, ransomware, terrorism financing or child exploitation are refused and refunded automatically.
  • Approved addresses remain under continuous AMLBot monitoring.

Users can share their history with an accountant, institution or regulator through viewing keys, without publishing it. Every approved deposit also carries a revocation key pair. If a deposit is flagged after it enters the pool, the secret half is published, and every other user can prove their funds were never linked to it.

Contract source code is verified on Etherscan, and all protocol addresses are published with a signed proof of ownership at nullmask.io/compliance. Verified law enforcement requests sent to [email protected] are acknowledged within 72 hours.

Integrations and partners

  • NEAR Intents: private cross-chain bridging, live
  • Uniswap: private ETH ⇄ USDT swaps, live
  • Aerodrome and PancakeSwap: private swaps on Base and BNB Chain
  • Gate Wallet: integrated, with a MetaMask integration in talks
  • AMLBot: screening on every deposit
  • DefiLlama: listed

Nullmask has also partnered with Beldex, Dash Pay, QUAI and THORChain. It reaches users through social trading apps such as Fomo and through exchange listings including Aster perps.

“[Quote placeholder. Suggested: Privacy shouldn’t require a new wallet or a leap of faith. Nullmask works inside the wallet you already use, it screens every deposit at the door, and it gives users a way to prove their funds are clean. Fifty million dollars in a few weeks shows people want that.]” said Tomas Krnak, founder of Nullmask.

The team

Nullmask was founded by Tomas Krnak, whose team of Zcash-focused developers spent two years bringing private transactions to hardware wallets. On a Zcash Foundation grant, they built shielded support into Trezor firmware, covering key derivation, shielded addresses and on-device signing, and moved the work onto Orchard, Zcash’s newer privacy design. The team’s changes to the transaction format were accepted into Zcash itself.

What’s next

Nullmask is live on Ethereum, Base, BNB Chain and Robinhood Chain. Next on the roadmap are Points Season One, Solana support and private perpetuals.

About Nullmask

Nullmask is a zero-knowledge privacy protocol for private transfers and swaps that works inside users’ existing wallets, with no new wallet, seed phrase or custody. Deposits are screened before entering the shielded pool, and users keep full control of their funds. Learn more at nullmask.io.

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Nothing in this release is financial or legal advice. Use of privacy tools remains subject to the laws of your jurisdiction.

Media Contact Details
Tomas Krnak, Founder, Nullmask
Email: Send Email

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