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  • UBP, AVOT, PC, PWRM, AVX - Market News From DrStockPick.com! 0 comments
    Jan 13, 2011 4:16 PM

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    American Video Teleconferencing Corp. (Pink Sheets:AVOT) is pleased to announce that it is presently in final discussions to enter into a formal agreement to acquire an exclusive option on a molybdenum property in the Otter lake area in the province of Quebec, Canada.

    The property has been dormant since the 1960's when Hupon Mining and Exploration carried out surface work, stripping, trenching and a minor drill program of 445 feet contained in 11 drill holes. Some of the sample results from the trenching in 1962 showed 0.94% to 25% molybdenum averaging 5-10%. These values were obtained from assessment files in the Department of Mines in Quebec City.

    This property is only one of several advanced stage properties American Video has under consideration in the province of Quebec.

    Rare earth elements have become irreplaceable in clean tech, for instance in hybrid and electric vehicle motors, high-efficiency lamps, solar panels and wind turbines. They even play a key role in defense technologies which include cruise missiles, radar and sonar and precision-guided weapons.

    Experts warn that the U.S. depends upon China for almost all of its supply of rare earths, and has let its own rare earth production languish despite possessing about 15 % of the world's reserves. A draft of a Chinese rare earths plan for 2009-2015 expresses that China's own industrial requirement could soon cause restrictions or bans on the export of rare earths.

    The U.S. Geological Survey (USGS) noted that 91 % of U.S. usage of rare earths originated in China between 2005 and 2008.

    Constraints on Chinese exports are creating opportunities for non-Chinese projects.

    American Video will aggressively continue to search world-wide for opportunities in Precious, Base and Rare Earths metal projects.

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    power3

    Power3 Medical Products, Inc. (OTC.BB:PWRM) a leading proteomics company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases, announced that company management believes it is making great progress in its focus on the development, sales, and marketing of its proprietary innovate diagnostic tests for breast cancer, pancreatic cancer, ovarian cancer, colon cancer, and certain neurodegenerative diseases, such as Alzheimer's and Parkinson's, to name a few.

    Alzheimer's disease isn't an ordinary part of getting older, even though greatest known risk factor is increasing age. The largest part of people today with Alzheimer's tend to be 65 and older. But Alzheimer's is not just a sickness of old age. Up to 5 % of people with the sickness have early-onset Alzheimer's (also referred to as younger-onset), which frequently appears in adults in their 40s or 50s.

    World wide, breast cancer comprises 10.4% of all the cancer incidence among women, which makes it the most common type of non-skin cancer in females and also the fifth most popular grounds for cancer death.

    Parkinson's disease (PD) is part of several disorders called motor system disorders, that are the effect of the decline of dopamine-producing brain cells. Some primary symptoms of PD tend to be tremor, or shaking in hands, arms, legs, jaw, and face; stiffness, as well as tightness of the limbs and trunk; bradykinesia, or slowness to move; and postural instability, or impaired equilibrium and also balance.

    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.

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    AVX Corp. (NYSE:AVX) recently received the Passive & Electromechanical Product of the Year at the Elektra Awards for its new surface mount polymer tantalum capacitors. Reviewed by an independent panel of judges, the Elektra 2010 European Electronics Industry Awards is an annual celebration of the European electronics industry that recognizes the achievements of individuals and companies.

    AVX Corporation, together with its subsidiaries, manufactures and supplies passive electronic components and interconnect products worldwide.

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    Panasonic Corporation (NYSE:PC) have announced a collaboration to enable gaming, digital signage and entertainment providers to create fully immersive 3D experiences for consumers. Panasonic’s 3D imaging sensor, the D-IMager, is a near infrared state-of-the-art sensor using a proprietary CCD to capture movement or gestures based on the Time-of-Flight (ToF) principle.

    Panasonic Corporation, through its subsidiaries, manufactures and sells electronic and electric products, systems, and components for consumer, business, and industrial uses worldwide.

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    Urstadt Biddle Properties Inc. (NYSE:UBP) announced that it has completed the acquisition of all of the outstanding limited partner interests in the entity that owns The Ridgeway Shopping Center in Stamford, Connecticut. UBP now controls 100% of the property. The outstanding limited partner interests were acquired at a cost of $7.4 million. The company utilized available cash to fund the purchases.

    Urstadt Biddle Properties, Inc., a real estate investment trust (REIT), engages in the acquisition, ownership, and management of commercial real estate properties in the United States. Its properties primarily consist of neighborhood and community shopping centers, office buildings, and industrial properties in Fairfield County, Connecticut; Westchester and Putnam Counties, New York; and Bergen County, New Jersey.

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