Proteonomix Inc (OTC BB: PROT.OB)
Proteonomix is a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives. Proteoderm, Inc. a wholly owned subsidiary of Proteonomix that has recently opened its retail web site, Proteoderm.com, and begun accepting pre-orders for its anti-aging skin care products. StromaCel, Inc.’s goal is the development therapeutic modalities for the treatment of Cardiovascular Disease (NYSE:CVD). StromaCel, Inc. is pursuing the licensing of other technologies for therapeutic use. National Stem Cell, Inc. is Proteonomix’s operating subsidiary. The Sperm Bank of New York, Inc. is a fully operational tissue bank. Proteonomix Regenerative Translational Medicine Institute, Inc. (”PRTMI“) intends to focus on the translation of promising research in stem cell biology and cellular therapy to clinical applications of regenerative medicine. Proteonomix intends to create and dedicate a subsidiary to each of its technologies.
PROTEONOMIX, INC., a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives, announced today that Mr. Michael Cohen, Chairman and CEO, is scheduling a multi-city European road trip to create additional awareness of the Proteonomix, Inc. investment opportunity to institutional investors.
Scheduled for early October, Mr. Cohen will discuss with sophisticated investors the recent contract to establish a joint venture with a group of investors that will establish a new stem cell treatment and research facility in the United Arab Emirates (U.A.E.). In addition, Mr. Cohen will discuss the opportunity to set up additional joint ventures in other countries using the U.A.E. arrangement as a model.
The recent contract calls for the joint venture partner to invest $5 million on or before September 10, 2010 in a Joint Venture company, XGEN Medical LLC. (”XGen”), a Nevis Island limited liability company. For additional details about the joint venture agreement, please refer to the August 17, 2010 press release.
“Proteonomix has made great strides recently,” stated Mr. Cohen, “and we have been contacted by several European entities that have requested additional information about our proprietary stem cell activities. In recognition of the interest in Europe and the potential for additional joint venture agreements in various European countries, we recognize that it is propitious to meet with a number of the European institutional investors both to educate them on the intrinsic value of Proteonomix shares and garner interest in strategic relationships.”
PROT, a biotechnology company, engages in the development of stem cell therapies primarily for the treatment of diabetes and cardiac therapy, as well as offers cosmeceutical products. The stem cell therapy involves the introduction of healthy new stem cells to repair and replace damaged or lost cells. PROT offers product for the treatment of anti-aging and damaged skin.
Provision for the Distribution of Proteoderm, Proteonomix, Inc.’s new Anti-aging line of skin care products (proteoderm.com)
Additionally, the agreement calls for XGen, the joint venture, to market and distribute Proteoderm, including the Matrix NC-138 anti-aging products.
You should watch this company, as their product is the type that is in demand at lease in the western culture. Make a decision by yourself!
More about PROT at: proteonomix.com
Huron Consulting Group Inc. (NASDAQ:HURN) a leading provider of business consulting services, reported the divestiture of the Company’s Disputes & Investigations (D&I) practice, a part of its Financial Consulting segment, effective September 30, 2010.
Hyatt Hotels Corporation (NYSE:H) will release third quarter 2010 financial results on Wednesday, November 3, 2010, before the stock market opens, followed by an investor conference call at 10:00 a.m. Central time.
Hydrogenics Corporation (Nasdaq:HYGS) a leading developer and manufacturer of hydrogen generation and fuel cell products, recently reported the award of an electrolyzer and related equipment and services for a fueling station in Belgium.
The facility was procured by WaterstofNet, an organization established by the governments of Flanders and southern Netherlands within the context of the European Interreg Program, which coordinates the implementation of hydrogen throughout the region. The station will provide hydrogen for forklifts, buses, and other vehicles.
Hydrogenics will install a HySTAT(NYSE:TM)-30 unit, compressor, storage equipment, and accessories, with the station capable of supporting about 60 kilograms of hydrogen fuel daily.
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Proteonomix Inc (OTC BB: PROT.OB)