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Proper Power & Energy, Inc. (OTC:PPWE) 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.
CBOE Holdings, Inc. (Nasdaq:CBOE) announced that Chairman and CEO William J. Brodsky will present at the 2011 Citi Financial Services Conference, to be held in New York City, on Thursday, March 10, at 8:00 a.m. EST. The presentation, to be broadcast live over the Internet, can be accessed at www.cboe.com.
CBOE Holdings, Inc. intends to operate as the holding company for Chicago Board Options Exchange (CBOE), which operates as an organized marketplace for the trade of standardized, listed options on equity securities.
US Physical Therapy Inc. (Nasdaq:USPH) reported results for the fourth quarter and year ended December 31, 2010. U.S. Physical Therapy’s net income for the quarter ended December 31, 2010 increased 81% to $4.1 million from $2.3 million in the fourth quarter of 2009. Diluted earnings per share rose to $.35 from $.19. Included in the quarterly results was a positive adjustment in the income tax provision of $.8 million, or $.07 per diluted share. Excluding the tax adjustment earnings per share would have been $.28.
U.S. Physical Therapy, Inc., through its subsidiaries, operates outpatient physical and occupational therapy clinics in the United States.
Maxwell Technologies Inc. (Nasdaq:MXWL) announced that it has been awarded a $7.01 million cost-shared technology development contract by the United States Advanced Battery Consortium LLC (USABC) to develop an advanced energy storage system for power-assist hybrid electric vehicles (PAHEVs). USABC will provide more than $2.8 million directly to Maxwell and approximately $3.5 million in total, including payments to technology development partners, over the course of the 24-month program.
Maxwell Technologies, Inc. develops, manufactures, and markets energy storage and power delivery products, and microelectronic products.
Crown Equity Holdings Inc. (OTC:CRWE)
Crown Equity Holdings Inc. (OTCPK:CRWE), has added an additional workforce of 25 associates to its CRWE Newswire team by opening a second office in Pakistan. That way, it can bring its readership increased coverage of up-to-date news and world affairs from Europe, the Mideast and Far East via its online newswires.
CRWE’s proprietary network technology allows its publishing department to get its content to millions of readers daily across the globe. The new office is located in the city of Attock and is managed by Zeeshan Shabbir, who also manages the CRWE Newswire office in Islamabad, Pakistan.
CRWE has completed developing its Arabic language website. CRWE publishes financial content to all the major countries and covers all the accredited stock exchanges.
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