CODE, AVOT, RPM, PWRM, MRH - Stock Watch From DrStockPick.com!
American Video Teleconferencing Corp. (Pink Sheets:AVOT) is pleased to announce 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 American Video has under consideration in the province of Quebec.
Rare earth elements have become irreplaceable in clean tech such as hybrid and electric car motors, high-efficiency light bulbs, solar panels and wind turbines. They also play a key role in defense technologies such as cruise missiles, radar and sonar and precision-guided weapons.
Experts warn that the U.S. depends upon China for almost its entire supply of rare earths, and has let its own rare earth production languish despite having about 15 percent of the world's reserves. A draft of a Chinese rare earths plan for 2009-2015 states that China's own industrial demand could soon lead to restrictions or bans on the export of rare earths.
The U.S. Geological Survey (USGS) has noted that 91 percent of U.S. consumption of rare earths came from China between 2005 and 2008.
Constraints on Chinese exports are creating opportunities for non-Chinese projects.
American Video will aggressively continue to search world-wide for opportunities in Precious, Base and Rare Earths metal projects.
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Power3 Medical Products, Inc. (OTC.BB:PWRM) 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.
"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.
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Montpelier Re Holdings Ltd. (NYSE:MRH) will release its fourth quarter 2010 results after market close on February 10, 2011. The Company will host a conference call to discuss the results on February 11, 2011 at 8:00 a.m. Eastern Time. The call will be available via a live audio webcast accessible on the Company's website or by dialing 1-877-317-6789 (toll free) or +1-412-317-6789 (international) or 1-866-605-3852 (Canada toll free).
Montpelier Re Holdings Ltd., through its subsidiaries, provides insurance and reinsurance solutions. The company underwrites various insurance and reinsurance products, including property catastrophe reinsurance, which provides coverage for losses from earthquakes, hurricanes, and property specialty reinsurance products comprising risk excess-of-loss reinsurance products with property or engineering risk coverage.
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RPM International Inc. (NYSE:RPM) announced that its RPM Performance Coatings Group has acquired Pipeline & Drainage Systems Ltd. (PDS), a leading supplier of curb, bridge and channel drainage products for construction and infrastructure markets, primarily in the United Kingdom and Ireland. Based in Wakefield, England, PDS has annual sales of approximately $8 million. Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed.
RPM International Inc. engages in the manufacture, marketing, and sale of various specialty chemical products to industrial and consumer markets worldwide. The company operates through two segments, Industrial and Consumer.
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Spansion Inc. (NYSE:CODE) announced it has completed audits of all worldwide sites and has exceeded all compliance requirements for the stringent ISO/TS 16949 quality management systems specification. The audits, conducted by UL DQS Inc. Management Systems Solutions, did not find one single non conformity in Spansion's quality management systems. As a result of eight flawless audits, UL DQS recertified Spansion's Flash memory design, development and manufacturing facilities around the world to the specification.
Spansion Inc., a semiconductor device company, engages in designing, developing, manufacturing, marketing, and selling NOR flash memory solutions worldwide. The company’s products are designed primarily to store microprocessor instructions or code and data in embedded applications; and execution is based on NOR Flash memory architecture and utilize traditional floating gate technology or MirrorBit technology.
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Crown Equity Holdings Inc. (OTCPK:CRWE) has received from the company 2,000,000 shares of (144) restricted common stock of American Video Teleconferencing Corp. (OTC:AVOT) for 12 months IR Services and 1,000,000 shares of (144) restricted common stock for its IT services.
Crown Equity Holdings Inc. (OTCPK:CRWE) has received 1,000,000 shares 144 restricted stocks for IT department services and 2,000,000 shares (free trade) for 12 months of video production from Power 3 Medical Products Inc. (OTC:PWRM).
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