FREE Daily Stock Alerts From Stock-PR.com
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, today 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.
With 2011 just days away, GreenHouse Holdings, Inc. (Pinksheets:GRHU), a leading provider of energy efficiency solutions and sustainable infrastructure products, encourages and assists companies of all sizes with efforts to identify and adopt strategies that fully incorporate the various incentive programs offered through their local utilities. These programs provide significant monetary incentives for acting on projects that improve energy efficiency and pays consumers for participating in periodic consumption reductions (Demand Response or DR) — increasing a business’ bottom line for the coming year.
Automated Demand Response (ADR) is one of several DR programs available to commercial and industrial customers of California’s three Investor Owned Electric Utilities. The ADR programs as delivered by GreenHouse provides participating utility customers with the investigative, engineering and installation solutions (hardware and software) required to conduct a fully-automated (hands-free) load-shed. GreenHouse is uniquely organized with a professional and technical staff capable of delivering end-to-end ADR solutions.
“It’s going to be a very exciting year for economically sustainable energy and renewable fuels,” commented John Galt, Executive Chairman and founder of GreenHouse Holdings. “Rather than just being a growth year for renewable energy companies, we see 2011 as being the year of the Energy Efficiency Company; we want businesses to know that even small efforts to be sustainable through stewardship, can produce a persistent ROI over the longer term.”
Along with Demand Response, GreenHouse provides energy efficiency services for customers including General Dynamics, Gulfstream Aerospace, PepsiCo and its burgeoning relationship with the United States Army. The U.S. military continues to embrace and expand its use of green solutions on its bases throughout the world, enhancing the fast-tracked penetration of a domestic consumer market for sustainable products and services.
The question most frequently asked of GreenHouse by its clients is how to reduce (utility-influenced) operational costs by managing consumption. In an effort to be more sustainable or green, GreenHouse suggests companies adapt the following strategies and tactics to their business plan for 2011:
* When starting a consumption-related utility incentive program, partner with only highly reputable companies who know all of the facts; bad choices can actually escalate costs
* Use the latest in lighting technology and embrace proper lighting techniques for businesses
* Automation — the backbone of the energy efficiency process worldwide. Install an Automated Demand Response program (ADR) for energy efficiency and load curtailment
* Renewable Fuels (wind, solar, etc.) — Part of the equation, not the solution
“When companies have an Automated Demand Response system in place, and participate in load-shed events, they are doing their part to ensure that the region’s electric grid remains as stable as possible during peak demand periods,” commented Galt. “In California, DR programs enable utility customers to shed load based on either commodity pricing signals or urgent reliability needs. Again, in California, auto-DR takes demand response one giant step further; ADR participants often times receive costly automation and/or SCADA systems that not only perform the load-shed measures associated with a curtailment event, these systems are fully capable of providing ongoing energy efficiency benefits and detailed consumption.”
Many experts in the energy field agree that small changes often have the largest impact. For example, commercial buildings can easily raise (or lower during the winter) the set points on HVAC systems by a few degrees (+/-) and have a significant financial impact over their entire portfolio. Many well-known companies such as Wal-Mart and Target are reaping noteworthy benefits from simple measures such as this. GreenHouse also advises businesses to keep conditioned air inside the spaces meant to be conditioned. For example, a retailer may operate with their doors wide open on a hot summer day, allowing cool air to escape the space intended to be cooled off. That’s obviously a wasteful practice of significant proportions. Businesses should spend its cost savings on growing the business, not inflating their utility bills.
Another efficiency solution and sustainable infrastructure improvement a business should consider in 2011 is investing in solar covered parking. Reducing the influence of the elements on a parked vehicle significantly reduces “heating up or cooling down” time, resulting in a reduction in fuel consumption. Much more energy (fuel) is required to cool a car from 120Â° to 100Â° than 90Â° to 70Â°. Additionally, the energy produced by the solar PV can offset the requirements for utility-provided electricity as well as generate income through selling excess capacity to the utility. GreenHouse also recommends using Cool-Wall products for reducing the impact of radiant heat on the exposed surfaces of a building. Cool-Wall is documented to last much longer than traditional paints which potentially will reduce significant building maintenance expenses.
GreenHouse offers consulting services wherein a business can outsource all of the “heavy lifting” and planning that is required to be as energy efficient an operation as possible. Ideally, companies will employ an “Energy Czar” and tie their compensation to the financial benefits gained from implementing feasible sustainability practices. GreenHouse can help a business establish this position from candidate selection and training to delivering ready-to-go Strategic Energy Plans for a facility or portfolio. Either way, for businesses both large and small, companies like GreenHouse can support that effort.
“It doesn’t have to be an overnight leap into technology; it’s about thinking smarter about the resources we have and figuring out what works best for your business,” adds Galt. “It’s not going to be sustainable if it isn’t feasible or it’s overly burdensome on the business.”
GreenHouse Holdings, Inc., (Pinksheets:GRHU) (”GreenHouse”) a leading provider of energy efficiency solutions and sustainable infrastructure products, recently announced that it has been engaged to utilize Southern California Edison’s (SCE) Automated Demand Response (Auto-DR) program in Gulfstream Aerospace Corporation’s Long Beach, CA facility. GreenHouse is a qualified service provider of SCE’s Auto-DR program, providing site assessment, feasibility studies, project development, engineering, and installation of enabling technologies and complete processing of all incentives.
The Auto-DR program offers significant financial incentives and technical support to SCE customers with automated load control systems that participate in demand response events. Auto-DR uses control systems to automatically achieve specified energy demand reductions (kW and duration) during periods of peak energy consumption. In utilizing the Auto-DR system, Gulfstream will reduce electric consumption during costly peak energy periods when the demand is highest. Additionally, the system provides Gulfstream the ability to reduce operating costs by curtailing the use and purchase of electricity. Gulfstream will then receive financial incentives from SCE.
“Auto-DR is just one of the innovative services Greenhouse offers to help our clients reduce energy consumption by deploying state-of-the-art technology,” says Rob Davis, Vice President of GreenHouse Holdings, Inc. “We are truly honored to be selected by Gulfstream and we are looking forward to the Auto-DR project as the first of many services offered in support of Gulfstream’s corporate energy stewardship initiatives. This project goes to the heart of Greenhouse’s mission to deliver sustainable solutions that reduce energy consumption with a positive return on investment.”
SIRIUS XM Radio Inc. (Nasdaq:SIRI) announced that Jamie Foxx—the Academy AwardÂ®-winning actor, American Music Award-winning and GrammyÂ®-winning artist and comedian—will broadcast his live New Year's Eve party from South Beach on The Foxxhole, his exclusive, uncensored 24/7 comedy and entertainment SiriusXM channel, inviting listeners across the country to join him to ring in the new year and celebrate the release of his new album The Best Night of My Life (J Records).
Sirius XM Radio Inc. provides satellite radio services in the United States and Canada. The company offers a programming lineup of approximately 135 channels of commercial-free music, sports, news, talk, entertainment, and traffic and weather.
Level 3 Communications Inc. (Nasdaq:LVLT) will present at the Citi 2011 Global Entertainment, Media and Telecommunications Conference in Phoenix on Wednesday, Jan. 5. Mr. Crowe’s presentation is scheduled to begin at approximately 1:10 p.m. ET. Webcast information will be available at http://lvlt.client.shareholder.com/events.cfm.
Level 3 Communications, Inc. engages in the communications business in North America and Europe. It offers network and Internet services, including transport services, high speed Internet protocol services, dedicated Internet access, virtual private network services, and dark fiber services, as well as managed modem, an outsourced, turn-key infrastructure solution; and colocation services.
Qiao Xing Universal Resources, Inc. (Nasdaq:XING) an emerging Chinese resource company with a focus on several strategically important nonferrous metals such as molybdenum and copper,announced that its wholly owned subsidiary has signed a definitive agreement with Chifeng Xingu Mining Co., Ltd. ("Chifeng Xingu"), a non-affiliated third party, to acquire the 100% equity interest in Balinzuo Banner Xinyuan Mining Co., Ltd. ("Xinyuan" or the "Mining Company") for RMB588 million (US$88.4 million) in cash (the "Purchase Price") to be paid in three instalments within three months. Xinyuan owns a mining license for a lead-zinc-copper mine that covers 3.3233 square kilometres in Wulandaba Suma, Balinzuo Banner, in the Inner Mongolia Autonomous Region of the People's Republic of China (the "Xinyuan Lead-zinc-copper Mine" or the "Mine").
Qiao Xing Universal Resources, Inc. operates as an emerging resources company in China. The company, through its subsidiary, China Luxuriance Jade Company, Ltd, owns the rights to receive the expected residual returns from Chifeng Haozhou Mining Co., Ltd., a copper-molybdenum poly-metallic mining company in Inner Mongolia, China.
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!
Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. Stock-PR.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold Stock-PR.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://stock-pr.com/disclaimer).Crown Equity Holdings Inc. (OTCPK:CRWE) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (OTCPK:CRWE), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (OTCPK:CRWE) advertises for a particular client, Crown Equity Holdings Inc. (OTCPK:CRWE) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (OTCPK:CRWE), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (OTCPK:CRWE) has received 1,000,000 shares 144 restricted stocks for IT department services and 2,000,000 shares (free trade) for 12 months of video production from Power 3 Medical Products Inc. (OTC:PWRM). Crown Equity Holdings Inc. (OTCPK:CRWE) has received ten thousand dollars in cash and anticipates another ten thousand dollars in cash from the company for 60 days of advertisement services for Green House Holdings, Inc. (OTCQB:GRHU). In addition to the cash, Crown Equity Holdings Inc. (OTCPK:CRWE) also anticipates receiving 20,000 shares of 144 restricted stocks from a third party.
Sign Up For Free Stock Alerts At http://stock-pr.com/signup
________________________________________Be Sure To Visit stock-pr.ning.com
The views expressed in any article, reports, writings are not necessarily the views of Crown Equity Holdings Inc. its officers, directors, staff, contractors or employees. They do not represent the views or opinions of this site. Views expressed in articles are those of the author alone.SZAZZ