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Orofino Gold Corp. has several Gold development properties in Colombia, a current hot spot of gold production in the world markets.
ORFG is please to announce that the Board Of Directors have appointed Mr. Ning Shi Long as Chairman of the Board and Executive Director.
Mr. Ary Fernando Pernett Marque has been appointed as the new President/CEO & Executive Director of Orofino Gold Corp. See full resume on ORFG's website.
Mr. Pernett will be responsible for all affairs of ORFG in Colombia. Mr. Pernett has 30 years of experience working in the Colombian Mining sector and will over the near term choose his new development team to assist in the development of the company’s Senderos de Oro gold camp in the Sur de Bolivar Colombia.
ORFG and Mr. Pernett will continue to work with Contexto Legal of Medellin and Bogota, ORFG ’s legal counsel as well as Discovery Consultants, (The Qualified 43-101 team) Canada, as they have in the past. The new team will now aggressively pursue other known Gold occurrences in the companies Senderos de Oro Gold Camp while the development team works to improve production at La Azul Mine.
The Board of Director’s have accepted resignation of John T. Martin, former Managing Director of the Company. His resignation is effective immediately. ORFG wish him well and success in future endeavors.
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.
Soon after skin cancer, cancer of the breast is easily the most widespread cancers recognized in females in the united states. But breast cancer rates now have fallen in recent times, even so medical professionals are not certain the key reason why. Even now, for numerous women of all ages, breast cancer could be the condition they will fear most.
Alzheimer’s disease has no existing cure, and yet treatment options designed for symptoms can be purchased and research carries on. Despite the fact that most current Alzheimer treatments can’t cease Alzheimer’s disease from moving on, they can in the short term gradual the deterioration involving signs of illness in addition to strengthen well being for anyone with Alzheimer’s disease as well as those caregivers. Right now, there exists a international effort under route to finding possible ways to manage the ailment, postponement its beginning, and stop it from evolving.
Parkinson’s disease is really a problem that affects nerve cells, or neurons, inside of a section of the brain of which controls muscle motions. In Parkinson’s, nerves which make an important chemical called dopamine die or do not work properly. Dopamine generally delivers impulses that assist synchronize a person’s activities.
First Bancorp (NYSE:FBP) announced that, as effective of 12:01 am January 7, 2011, it has implemented a one-for-fifteen reverse stock split of all outstanding shares of its common stock. At the Corporation’s Special Meeting of Stockholders held on August 24, 2010, shareholders approved an amendment to the Corporation’s Restated Articles of Incorporation to implement a reverse stock split at a ratio, to be determined by the Board of Directors in its sole discretion, within the range of one new share of common stock for 10 old shares and one new share for 20 old shares. As authorized, the Board has elected to effect a reverse stock split at a ratio of one-for-fifteen.
First BanCorp operates as the holding company for FirstBank Puerto Rico that provides a range of financial services and products to retail, commercial, and institutional clients in Puerto Rico, the United States, and the British Virgin Islands. The company offers various deposit products, such as interest-bearing and non-interest bearing checking and savings accounts; individual retirement accounts; and retail certificates of deposit.
Martha Stewart Living Omnimedia Inc. (NYSE:MSO) announced that Kelli Turner will step down as the Company's Chief Financial Officer and will be leaving to join a private company in the near future. A search for MSLO's new CFO is currently underway. In the interim, MSLO Controller Allison Jacques will serve as the Company's principal financial and accounting officer. Executive Chairman and Principal Executive Officer Charles Koppelman commented: "I want to thank Kelli for her many contributions and wish her well in her new role. I have great confidence in the financial team that remains in place. With 14 years of senior finance experience with the Company, Allison has a deep understanding of the business and is a well-respected member of the executive team."
Martha Stewart Living Omnimedia, Inc. operates as an integrated media and merchandise company. It creates media and merchandise in the areas of cooking and entertaining, holidays, crafts, home, whole living, weddings, organizing, and gardening.
Wilmington Trust Corporation (NYSE:WL) announced the addition of Tanvir Mukhtar-Zahid to the group’s Client Development team. Ms. Mukhtar-Zahid joins Wilmington Trust’s Client Development team in London, which is responsible for presenting the company’s full range of specialized trust and administrative services to corporate clients throughout Europe. Ms. Mukhtar-Zahid reports to Douglas Lavelle, vice president and the New York-based leader of global sales and marketing efforts for CCS’s Corporate Capital Markets Services group, and Christophe Schroeder, the London-based executive managing director of CCS’s European business.
Wilmington Trust Corporation, through its subsidiary, Wilmington Trust Company, provides deposit-taking, lending, fiduciary, trustee, financial planning, investment consulting, asset management, insurance, broker-dealer, and administrative services in the United States and internationally.
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