Power3 Medical Products, Inc (PWRM)
Power3 Medical Products, Inc. is a leading bio-technology company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases such as Alzheimer’s disease, Parkinson’s disease and amyotrophic lateral sclerosis (commonly known as ALS or Lou Gehrig’s disease).
Power3 applies proprietary methodologies to discover and identify protein biomarkers associated with diseases. Through these processes, Power3 has developed a portfolio of products including BC-SeraPro�, a proteomic blood serum test for the early detection of breast cancer for which it has completed Phase I clinical trials, and NuroPro�, a proteomic blood serum test for the detection of neurodegenerative diseases, including Alzheimer’s, Parkinson’s, and ALS diseases, for which it is currently engaged in Phase II clinical trials. These tests are designed to analyze an individual’s proteins to detect the presence of disease, a patient’s disease progression, a patient’s response to a particular drug, and the mechanisms of disease present in the patient for optimal targeted therapy.
Power3 Medical is a breakthrough proteomics company specializing in the identification of disease footprints in the areas of chemotherapeutic drug resistance and the early detection of breast cancer and neurological diseases. The research platform is centered on the study of proteomics, the science of protein interactions within living cells. With a combined 50+ years of proteomic experience, the Company has identified 334 protein biomarkers with the following potential medical applications:
1) Breast Cancer 5) Chemotherapeutic Drug Resistance
2) Alzheimer’s Disease 6) Leukemia
3) ALS (Lou Gehrig’s Disease) 7) Gastrointestinal Disease
4) Parkinson’s Disease 8)Metabolic Syndrome
The symptoms of Parkinson’s disease usually begin slowly and develop gradually, in no particular order. Parkinson’s disease affects everybody differently. Each person with the condition will have a different collection of symptoms and will respond differently to treatment. The severity of the symptoms also varies between people.
Parkinson’s disease can make moving difficult, particularly when you try to start moving, and it can take you longer to perform tasks. You may lack co-ordination in your movements. Often, this slowness of movement is attributed to old age. This means that some people are not diagnosed with Parkinson’s disease until other symptoms develop.
For more information about Power3 Medical Products, Inc. please visit http://www.power3medical.com
Cleantech Transit Inc. (CLNO)
Cleantech Transit, Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project can generate shareholder returns as well benefit the Company’s manufacturing clients worldwide.
Biomass is renewable. If people exercise proper conservation techniques, any form of biomass that is harvested to produce energy can be replaced over a period of time. How much time is required depends on the exact biomass used. For instance, trees would take much longer to replace than corn plants. Fossil fuels, on the other hand exist in finite amounts that will never be replaced.
Biomass can easily be converted from its natural form into concentrated, high energy fuels such as alcohols or a type of gas that is virtually identical to natural gas. These fuels are relatively clean burning when compared with the fossil fuels in use today.
The cost of producing biomass for use as fuels and energy sources is very cheap compared to the cost of finding and extracting fossil fuels. The cost of finding fuel is eliminated when one deliberately plants certain types of plants to be used in the production of biomass fuels. Extraction is generally no more expensive than harvesting crops for food. In some cases, growing and harvesting crops for biomass fuel use is cheaper than raising food crops.
Cleantech Transit Inc. recently announced that it has successfully signed a term sheet with Phoenix Energy (www.phoenixenergy.net), a manufacturer and distributor of biomass-generated power plants.
Under the terms of the agreement, Cleantech has an option to acquire a 25% interest into Phoenix Energy’s asset base, which includes a fully constructed, one-half megawatt (500 kilowatt) biomass energy project located in California. Phoenix Energy has developed an eco-friendly system that converts 100% recyclable agricultural and wood waste (biomass) into cleaner burning energy (heat, electricity) and other salable byproducts.
For more information about Cleantech Transit, Inc. visit its website www.cleantechtransitinc.com
Dril-Quip, Inc. (NYSE:DRQ) announced net income of $21.7 million, or $0.54 per diluted share for the three months ended March 31, 2011, versus net income of $25.7 million, or $0.64 per diluted share for the first quarter of 2010. The first quarter 2011 results were negatively impacted by an after-tax foreign exchange loss of $1.6 million, or $0.04 per diluted share as compared to an after-tax foreign exchange gain of $1.1 million, or $0.03 per diluted share during the first quarter of 2010. The first quarter 2010 results also include an after-tax charge of $3.9 million, or $0.10 per diluted share, related to the settlement of pending assessments, dating back to 2007, regarding state tax on the importation of goods into the State of Rio de Janeiro, Brazil.
Dril-Quip, Inc. designs, manufactures, fabricates, inspects, assembles, tests, and markets engineered offshore drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide.
Safe Bulkers, Inc. (NYSE:SB) announced that its Board of Directors has called an annual meeting of the stockholders to be held in Athens, Greece on June 27, 2011. Stockholders of record at the close of business on May 16, 2011 will be entitled to receive notice of, and to vote at, the annual meeting, or any adjournments or postponements thereof. Formal notice of the meeting and the Company’s proxy statement will be sent to stockholders of the Company in due course.
Safe Bulkers, Inc. provides marine drybulk transportation services worldwide. The company transports various bulk cargoes, such as coal, grain, and iron ore.
Unisys Corporation (NYSE:UIS) will participate at the Jefferies Global Technology Conference on Thursday, May 12. Unisys Chairman and CEO Ed Coleman and Unisys Chief Financial Officer Janet Haugen will jointly present at 2:20 p.m. Eastern Time. Unisys will provide access to a live Webcast of the presentation on the Unisys Investor Web site at www.unisys.com/investor.
Unisys Corporation operates as an information technology (IT) company worldwide. The company operates in two segments, Services and Technology.
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