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CMN, PWRM, POR, DLKM, UBA - Market Update From!




Power3 Medical Products, Inc. (OTC.BB:PWRM) strives to become the premier biotechnology company specializing in the commercialization of proteomics IP for the diagnosis and treatment of disease by using cutting edge technologies, world class quality procedures and superior research methodologies. The Company will be guided in all of its dealings with its customers, partners, shareholders, associates and investors by the philosophy of best practices.

Proteomics is the study and analysis of proteins, the fundamental building blocks of the human body. By studying proteins, scientists can understand more fully the functioning of a healthy body and identify the proteins associated with specific diseases. Proteins are not only the building blocks for life; in them, evidence can be found for serious diseases such as cancer, neurodegenerative diseases and other life threatening diseases.

The company uses technologies, know-how and proprietary techniques to focus on protein-based biomarkers, which are simply proteins that are significant in the diagnosis, monitoring or treatment of disease.

For on-target treatment with new medicines the need is to identify and assess the disease-related proteins and the healthy-related proteins. Only by specifying the precise differences between disease-related and healthy-related proteins can the development of a new diagnostic test to detect the disease, and new drugs to treat the disease effectively be done.



Douglas Lake Minerals (OTCBB:DLKM) has made a strategic decision to focus exclusively on its two highly prospective gold properties – the recently purchased Handeni Gold Project and the Mkuvia Alluvial Gold Project. The 800 square kilometer Handeni property will be explored under the guidance of Dr. Reyno Scheepers and is located directly adjacent to Canaco Resources’ highly prospective Handeni Gold Project (TSX.V-CAN). The 380 square kilometer Mkuvia property is being developed by a joint-venture company run by Douglas Lake Minerals’ partner.

Douglas Lake Minerals’ 100% owned Handeni Project is located within an area which has been interpreted as belonging to a reworked component of the same Archean superterrane that hosts the gold deposits of Geita (Anglo Gold) and Bulyanhulu (Barrick) in Tanzania. The project consists of four prospecting licenses covering approximately 800 square kilometres, that are directly adjacent to, and partly surround, Canaco Resources Inc.’s (V.CAN) 200 square kilometre Kilindi license which holds the Magambazi gold mineralization occurrence.

The Mkuvia Alluvial Gold Project comprises of four prospecting licenses covering a total area of 380 square kilometers and is located in the Nachingwea District, Lindi Region of the of Tanzania. This project is being operated by a company that was formed though a joint-venture partnership. Douglas Lake owns 25% of this newly established company, with its partners holding the remaining 70% and 5%, respectively.

Douglas Lake is committed to operating under strict legal and ethical standards of all jurisdictions it works within, as well as improving working conditions and remuneration for its Tanzanian geologists and labourers.


Urstadt Biddle Properties Inc. (NYSE:UBA) announced its fourth quarter and full year financial results for the fiscal year ended October 31, 2010. The company also announced an increase in the quarterly dividend rates on its Class A and Common stock. Diluted funds from operations (“FFO”) for the quarter ended October 31, 2010 amounted to $8,079,000 or $0.28 per Common share and $0.30 per Class A Common share compared with $6,958,000 or $0.25 per Common share and $0.28 per Class A Common share in last year’s fourth quarter. For the year ended October 31, 2010, diluted FFO amounted to $30,053,000 or $1.07 per Common Share and $1.18 per Class A Common share compared with $30,108,000 or $1.10 per Common Share and $1.22 per Class A Common share in fiscal 2009.

Urstadt Biddle Properties, Inc., a real estate investment trust (REIT), engages in the acquisition, ownership, and management of commercial real estate properties in the United States. Its properties primarily consist of neighborhood and community shopping centers, office buildings, and industrial properties in Fairfield County, Connecticut; Westchester and Putnam Counties, New York; and Bergen County, New Jersey.


The Oregon Public Utility Commission (OPUC) announced its decision regarding Portland General Electric Company’s (NYSE:POR) 2011 general rate case, ending a public review process that began in February 2010. The commission approved an overall price increase of approximately 3.9 percent, which will be allocated across all PGE customer classes. Together with other pending adjustments reflecting various credits and amortization of deferred 2010 costs, customers are expected to see a total overall price increase of 4.2 percent. The new prices are slated to take effect Jan. 1, 2011.

Portland General Electric Company operates as an integrated electric utility in Oregon. The company engages in the generation, purchase, transmission, distribution, and retail sale of electricity. Its generating portfolio consists of thermal, hydro, and wind resources.


Cantel Medical Corp. (NYSE:CMN) reported net income of $4,975,000, or $0.29 per diluted share, on a 1% increase in sales to a record $71,993,000 for the first quarter ended October 31, 2010. This compares with net income of $6,168,000, or $0.37 per diluted share, on sales of $70,995,000 for the first quarter ended October 31, 2009. According to Andrew Krakauer, Cantel's President and CEO, "I am pleased with the performance of Cantel this quarter. It is important to note that in the corresponding quarter last year, sales were favorably impacted by over $4 million and EPS was higher by $0.10 due to atypically high face mask shipments driven by the H1N1 flu outbreak.

Cantel Medical Corp. provides infection prevention and control products in the healthcare market. It operates in six segments: Water Purification and Filtration, Healthcare Disposables, Dialysis, Endoscope Reprocessing, Therapeutic Filtration, and Specialty Packaging.




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