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Proper Power & Energy, Inc. (OTC BB:PPWE.ob) a Tampa-based independent oil and gas exploration and production company, has announced that it has been approached by two independent financing groups and has submitted a $10 million private placement memorandum to each of them. These two groups are seeking domestic oil and gas production in light of the Middle East tensions.

"The timing to acquire oil and gas properties while gas prices are low couldn't be better. Additionally, the availability of this funding for developing Proper Power's Kentucky and Utah oil prospects will accelerate 2011 revenues and leasehold acreage growth dramatically. We anticipate feedback from both of the financing groups before the end of this month," stated Andrew J. Kacic, President of Proper Power & Energy.

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.

American Video Teleconferencing Corp. (OTCPK:AVOT)

American Video Teleconferencing Corp. (Pink Sheets:AVOT), announced recently that it is presently in final discussions to enter into a formal agreement to acquire an exclusive option on a molybdenum property in the Otter lake area in the province of Quebec, Canada. The property has been dormant since the 1960’s when Hupon Mining and Exploration carried out surface work, stripping, trenching and a minor drill program of 445 feet contained in 11 drill holes. Some of the sample results from the trenching in 1962 showed 0.94% to 25% molybdenum averaging 5-10%. These values were obtained from assessment files in the Department of Mines in Quebec City.

This property is only one of several advanced stage properties the company has under consideration in the province of Quebec.

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 American Video Teleconferencing Corp. (OTCPK:AVOT) may just be the new source, here’s why.

American Video believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. It is currently looking for these Rare Earths Minerals in Canada, the US’s Northern neighbor.

Video Teleconferencing 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. Video Teleconferencing 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 the company is in the final stage of negotiations with Kondor Gold Pyt. in Australia.
The company is aggressively carrying out searches world-wide for opportunities in Precious, Base and Rare Earths metal projects.

Wells Fargo & Company (NYSE:WFC) announced that it has successfully remarketed $2,501,000,000.00 aggregate principal amount of its Remarketable Junior Subordinated Notes due 2042 (the “Notes”), as required by the Indenture dated as of February 1, 2006 between the Company (as successor to Wachovia Corporation) and U.S. Bank, National Association, as trustee, as supplemented by the First Supplemental Indenture dated as of February 1, 2006. As a result of the remarketing, the interest rate on the Notes was reset to a rate of 3.653% per annum, commencing February 15, 2011.
Wells Fargo & Company, through its subsidiaries, provides retail, commercial, and corporate banking services principally in the United States.

Republic Services, Inc. (NYSE:RSG) reported net income of $147.6 million, or $0.38 per diluted share, for the three months ended December 31, 2010, versus $35.6 million, or $0.09 per diluted share, for the comparable period last year. Republic's net income for the three months ended December 31, 2010 and 2009 includes a number of charges and other expenses that impacted its results. A detail of these charges and other expenses is contained in the Reconciliation of Certain Non-GAAP Measures section of this document. Excluding these items, net income for the three months ended December 31, 2010 and 2009 would have been $160.8 million, or $0.42 per diluted share, and $126.0 million, or $0.33 per diluted share, respectively.
Republic Services, Inc. provides nonhazardous solid waste collection, transfer, and disposal services in the United States.

Kraft Foods Inc. (NYSE:KFT) reported fourth quarter and full year 2010 results that were driven primarily by strong volume/mix gains in each geography. “We delivered solid financial results in 2010, and finished the year with good momentum,” said Irene Rosenfeld, Chairman and CEO. “We’re realizing the benefits of increased investments behind our Power Brands, strong productivity and disciplined cash management, while making good progress in capturing the synergies from the Cadbury acquisition.”
Kraft Foods Inc., together with its subsidiaries, manufactures and markets snacks, confectionery, and quick meal products worldwide.

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