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Proper Power & Energy, Inc. (OTC Bulletin Board:PPWE.ob) commented just recently on a Wall Street Journal Article titled “Oil’s Rise Is a Sticky Situation for Recovery”. (Dated January 12, 2011 Section C). The article discussed the current environment of rising oil prices and its effect on consumers and the impending economic recovery. With oil prices at nearly $90 per barrel, consumers fear oil prices will return to their 2008 levels, when oil peaked over $145 per barrel. “A 2008 – style shock isn’t a certainty, but an upward trend is clear. Goldman Sachs expects oil prices to average $100 a barrel this year….,” the article is quoted as saying.

Proper Power has begun production on its Kentucky oil asset, in addition to the 11,000 acres leased for its exploratory prospect in Utah. The Utah prospect has the potential for over 75 wells. The Company believes the Utah property holds very substantial recoverable reserves, indicated through seismic and radiometric analysis.

“The Company will benefit from these rising prices as it produces its Kentucky oil asset while creating the strategy for our exploration prospect in Utah,” stated President of American Resources, Andrew J. Kacic. American Resources is a wholly owned subsidiary of Proper Power.

“Having met with Mr. Dunbar, and through verifying the Company’s data with industry relationships, I believe Utah is a viable exploratory prospect,” stated Douglas Kiggins, Proper Power Advisor. “In further due diligence, the Anshultz Ranch field, located southwest from the Proper Power prospect, has produced One Billion B.O.E. (Barrels of Equivalent) to date, on the same geological structure as Proper Power’s.”

Within the last 200 years, the advancement in human technology has made our way of life totally dependent on Oil, Gas & Coal, which are the main elements for fuel for a variety purposes. What makes Oil different is the huge variety of goods that can be born from it. A small list of some of these products: Gasoline, Diesel, Fuel oil, Propane, Ethane, Kerosene, Liquid petroleum gas, Lubricants, other alkanes, heating oil, asphalt, bitumen, plastic, bags, toys, candles (paraffin), clothing (polyester, nylon), cosmetics, petroleum jelly, perfume, dish-washing liquids, ink, bubble gums, car tires and more.

About Proper Power & Energy:

Proper Power & Energy was formed in 2006 as an exploration and production company for oil and gas. The organization is committed to utilizing a very dynamic system of research and testing, and as a result of this extensive research and testing, have selected several sites with very good to excellent potential for productivity.

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Majestic Gold Corp. (TSX-V:MJS) (FSE:MJT) is pleased to announce the results of an updated resource estimate on its Song Jiagou Mine.

As part of the ongoing assessment on the Song Jiagou Mine, Wardrop Engineering Inc. (”Wardrop”) has revised their previous resource estimate (NR 23 April, 2010) as a result of the revision to the contract mining costs (NR 30 September 2010) which allowed cut-off grades to be reduced from 0.40 g/t to 0.30 g/t and warranted a revision of the block model.

Subsequent to the initial resource estimate, Wardrop determined that rotating the block model perpendicular to drilling direction was the most favorable orientation to evaluate the deposit and to calculate the revised resource. The new cut-off grade and the re-orientation of the model significantly increased the overall size of the resource and the contained ounces of gold in both the inferred and indicated categories.

IGI, Laboratories, Inc. (AMEX:IG) announced that it has submitted its second abbreviated new drug application (ANDA) to the US FDA. IGI President and CEO Charlie Moore commented, “We are proud to report that we are executing our strategy of developing and submitting ANDAs. Our experienced team of development professionals is focused on the task of building a portfolio of topical drug products for IGI. We expect to continue this process in 2011.” The development of ANDA products has successfully been integrated into the company’s ongoing contract services business.
IGI Laboratories, Inc. engages in the formulation, development, manufacture, and packaging of topical semi-solid and liquid products for pharmaceutical, cosmeceutical, and cosmetic customers in the United States. The company offers contract manufacturing services to cosmetic and over-the-counter products in liquid, cream, and lotion forms.

CTPartners Executive Search Inc (AMEX:CTP) announced that John J. Keller has joined the New York office as Vice Chairman, CEO and Board Services. Mr. Keller has broad experience in CEO, Board and CFO recruiting. He services public and privately held corporations—including those owned by private equity investors — and their boards of directors. Most of this work has centered on the Technology, Telecommunications and Media sectors—industries in which he has maintained deep relationships for more than 25 years.
CTPartners Executive Search LLC provides executive search services worldwide. It offers retained executive search services to fill executive level positions, including chief executive officers, chief financial officers, chief operating officers, chief information officers, and other senior executive officers, as well as board of directors positions.

Cohen & Company Inc. (AMEX:COHN) announced the completion of the acquisition of JVB Financial Holdings, LLC (“JVB”), an investment firm specializing in the wholesale distribution of fixed income securities, by the Company’s subsidiary Cohen Brothers, LLC. The Company also announced that, effective January 21, 2011; it will change its name to “Institutional Financial Markets, Inc.” The Company’s common stock will continue to be listed with NYSE Amex and it anticipates that on January 24, 2011, its shares will begin trading under the symbol “IFMI”. The Company’s common stock will cease trading under its former name (Cohen & Company Inc.) and stock symbol (COHN) following the close of market on January 21, 2011.
Cohen & Company, Inc. is a publicly owned investment manager. The firm primarily provides its services to individuals and institutions. It manages customized fixed income portfolios for its clients. The firm also manages funds, collateralized debt obligations, and invests and operates in investment management companies.

 

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