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American Video Teleconferencing Corp. (OTCPK:AVOT)
American Video Teleconferencing Corp. is pleased to announce that it has hired a French speaking geologist to search the archives of the Quebec Department of Mines for Rare Earths showings not on a current computer file. AVOT believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. As neither the Federal nor Quebec Governments have carried out any air borne surveys in this area, AVOT will seek a contractor to do an air borne Mag-EM radiometric survey. This survey will cover its present holdings and the immediate surrounding area looking for future acquisitions. We are pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.
China has been one of the main supplier to the US of the Earth's rare mineral supplies, with these rare minerals American manufacturers are able to make high-tech products such as cell phones, wind turbines, and guided missiles, but all that might come to a screeching halt now that China has stopped supplying the material, the New York Times has reported.
In the wake of China's decision America now must look for other sources, that will be more reliable for our future needs, and AVOT may just be the new source, here's why.
AVOT believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. AVOT is currently looking for these Rare Earths Minerals in Canada, the US's Northern neighbor.
AVOT is seeking a contractor to do an air borne Mag-EM radiometric survey for its present holdings and the immediate surrounding area looking for future acquisitions. AVOT is pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.
Presently AVOT is in the final stage of negotiations with Kondor Gold Pyt. in Australia.
AVOT is aggressively carrying out searches world-wide for opportunities in Precious, Base and Rare Earths metal projects.
Power3 Medical Products, Inc. (OTC:PWRM)
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, recently 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.
In addition, Power3 is a party to several litigation matters, most of which relate to various toxic debt instruments that were entered into by Power3 several years ago when it operated under the tenure of Chairman and CEO, Steven B. Rash. Because current management believes these toxic debt instruments are responsible for Power3’s depressed stock price and have distracted the company from its mission, Power3 plans to settle as many of these nagging lawsuits as possible prior to the completion of its merger with Rozetta-Cell Life Sciences, Inc. As for those lawsuits that cannot be speedily resolved, Power3 will continue to rigorously defend its position. For example, one such lawsuit involves Neogenomics, Inc., which was recently granted a motion for summary judgment with respect to an amount due under a convertible debenture. Power3 intends to appeal this decision.
“We are very excited to be finally ridding ourselves of litigation that has plagued us for several years now,” stated Ira L. Goldknopf, President and Chief Scientific Officer of Power3 Medical Products, Inc. “We have big plans for the future beginning with our upcoming acquisition of Rozetta-Cell and are about to enter a long and substantial growth phase marked by advances in our science and intellectual property. Given the imminent nature of many of these transactions and breakthroughs, we have decided, in consultation with the financiers of Rozetta-Cell, that the best course of action for Power3 is to settle many of these lawsuits so that we can focus our attention exclusively on the acquisition of Rozetta-Cell and the development of our combined businesses after the merger.”
Rozetta-Cell Life Sciences, Inc. is a medical biotechnology company that focuses on the delivery and imaging of stem cells during therapy. Power3 plans to effect the acquisition of Rozetta-Cell by merging Rozetta-Cell with and into Power3, with Power3 remaining as the surviving company. The acquisition of Rozetta-Cell is expected to be completed in February 2011.
Cereplast, Inc. (Nasdaq:CERP) announced that it has secured $5 million in growth capital from Horizon Technology Finance Corporation (NASDAQ:HRZN) to support the Company’s exponential growth and expansion. The investment capital will be used for the purchase of additional raw materials and working capital needed to meet rapidly increasing global demand for Cereplast resin.
Cereplast, Inc. develops and commercializes bio-based resins in the United States. The company’s product includes Cereplast Compostables resins, which is substitutes for petroleum-based plastics targeting primarily single-use disposables and packaging applications.
Crown Crafts Inc. (Nasdaq:CRWS) announced that it is launching a consumer products licensing program for its NoJo brand and intends to extend the brand into new product categories furthering the brand's reach within the juvenile market. "We have enjoyed a growing success with our NoJo bedding and accessories," said Nanci Freeman, President and Chief Executive Officer of Crown Crafts Infant Products. "Licensing will allow us to offer the additional products that fans and consumers of NoJo bedding have been asking for while continuing to build our brand recognition."
Crown Crafts, Inc., through its subsidiaries, offers infant and toddler products primarily in the United States. Its products include crib and toddler bedding, blankets, nursery accessories, room décor, burp cloths, bathing accessories, disposable placemats, toilet seat covers and changing mats, and other soft goods, as well as disposable and reusable bibs, and floor mats.
Zoo Entertainment, Inc. (Nasdaq:ZOOG) announced that Silly Bandz: The Game is coming to iOS devices just in time for the holidays. In Silly Bandz: The Game, players find themselves on Silly Bandz Magical Island, a mysterious place inhabited by special Silly Starz. With a flick of the finger, players toss Silly Bandz bracelets to collect Silly Starz hidden all over the island. Players clear each challenge by collecting all of the Silly Starz, but if they strive to collect the Silly Bandz too, they add more bracelets to their collection to use when facing more difficult levels.
Zoo Entertainment, Inc., through its subsidiaries, engages in developing, publishing, and distributing video game software in the United States. The company’s software is used on various platforms, including Nintendo’s Wii, DS, and GBA; Sony’s PSP and PlayStation 2; Apple’s iPhone; Microsoft’s Xbox 360, as well as in personal computers.
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