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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.
A substantial extent of research shows that there are serious health and financial aftereffects associated with being uninsured. Research shows that leaving a big share of the population without health insurance affects not only those who do not have insurance, but also the health and economic wellbeing of the country. In spite of these findings, the number of uninsured Americans continues to expand. Although the national dispute over ensuring health coverage for more Americans periodically gains momentum, it then stalls—perhaps in part because not enough is known about both the benefits and the costs of extending coverage to more, if not all, of the uninsured.
National Health Partners, Inc. (National Health) (OTCBB:NHPR.ob), a leading provider of discount healthcare membership programs, is pleased to announce the launch of a new network marketing program by one of its strategic partners, Xpress Healthcare, LLC.
Xpress Healthcare has teamed up with CARExpress in an effort to revolutionize the discount healthcare industry while at the same time bringing financial freedom to families across the nation. Xpress Healthcare has developed a first-class business platform that will enable brokers to develop their own business while generating strong monthly cash flows. Thru their unique website, www.join.xpressabo.com, brokers will be able to rapidly build their own independence.
“By the end of the second quarter of 2011, Xpress Healthcare anticipates adding over 100 new brokers both participating in and promoting the CARExpress program whom we expect should enroll over 2,500 new members,” states Ed Pettola, “and we expect our growth to accelerate in the 3rd quarter as we anticipate recruiting an additional 200 new brokers which should generate over 10,000 new CARExpress sales.”
“We are very excited about this new strategic partnership which we anticipate will have a major impact on our overall sales,” states David M. Daniels, National Health Partners President and CEO. Mr. Daniels further states, “Offering tremendous growth potential, Xpress Healthcare is well positioned to become the leading marketing arm for CARExpress. By enrolling both new brokers as well as members, their growth should be explosive.”
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called “CARExpress.” CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. The company’s primary target customer group is the 47 million Americans who have no health insurance of any kind. The company’s secondary target customer group includes the millions of Americans who lack complete health insurance coverage. The company is headquartered in Horsham, Pennsylvania.
For more information on the company, please visit its website at www.nationalhealthpartners.com.
Boston Beer Co. Inc. (NYSE:SAM) reported a fourth quarter core product depletions increase of 12% as compared to the fourth quarter of 2009. Net income for the fourth quarter was $12.2 million, or $0.87 per diluted share, an increase of $4.7 million, or $0.35 per diluted share, from the fourth quarter of 2009, primarily due to increased core shipment volume and improved gross margins, partially offset by increased advertising, promotional and selling expenses. Net revenue for the fourth quarter of 2010 was $115.7 million, an increase of $8.5 million, or 8%, over the same period last year, mainly due to core shipment volume gains with minor improvements in pricing. For the twelve months ended December 25, 2010, net revenue increased by 12% to $463.8 million and the Company's earnings per diluted share were $3.52, an increase of $1.35 per diluted share compared to 2009.
The Boston Beer Company, Inc. produces and sells low alcohol beverages primarily in the United States, Canada, Europe, Israel, the Caribbean, the Pacific Rim, and Mexico.
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