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Power3 Medical Products, Inc. (OTC:PWRM)
Power3 Medical applies proprietary methodologies to discover and identify protein biomarkers associated with diseases. Through these processes, Power3 Medical has developed a portfolio of products including BC-SeraPro™, a proteomic blood serum test for the early detection of breast cancer for which it has completed Phase I clinical trials, and NuroProÂ®, a proteomic blood serum test for the detection of neurodegenerative diseases, including Alzheimer's, Parkinson's, and ALS diseases, for which it is currently engaged in Phase II clinical trials. These tests are designed to analyze an individual's proteins to detect the presence of disease, a patient's disease progression, a patient's response to a particular drug, and the mechanisms of disease present in the patient for optimal targeted therapy.
The NuroPro Blood Test is Power3's medical diagnostic tool for the early detection of Neurodegenerative diseases. The analysis is designed as a tool for physicians to diagnose various degenerative diseases of the brain and nervous system. The test involves monitoring the concentration of 59 proteins in blood serum to accurately detect and distinguish between Alzheimer's disease, ALS (Lou Gehrig's disease), and Parkinson's disease. Early detection of these diseases will allow physicians to intervene at an early stage to delay disease progression, potentially allowing patients to outlive their debilitating symptoms.
Power3 Medical Products, Inc. is a leading bio-technology company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases such as Alzheimer's disease, Parkinson's disease and amyotrophic lateral sclerosis (commonly known as ALS or Lou Gehrig's disease).
Lou Gehrig's disease or amyotrophic lateral sclerosis (ALS) causes progressive degeneration of the nerves within the central nervous system that control muscular activity. The disease generally occurs after age 50 and is more common in males. About 5 to 10 percent of cases run in families. The symptoms usually involve weakness and then wasting of the muscles of the hands and arms. Muscular fasciculations (spontaneous irregular contractions of small areas of muscle) and muscle spasms are also common. The throat muscles can be involved making speech difficult and eventually eating as well. The prognosis is usually bleak, with progressive decline and death within 3 to 5 years. However about 20 percent survive more than 5 years and 5 percent more than 10 years.
Please visit Power3 Medical Products, Inc website http://www.power3medical.com.
Rocky Brands, Inc. (Nasdaq:RCKY) has signed a multi-year licensing agreement to allow 3D Belt Company to design, manufacture and sell belts, wallets and cell phone cases under the Rocky and Georgia Boot brands. For Rocky, 3D Belt Company will produce belts and accessories in the outdoor, western, work and duty categories. For Georgia Boot, the products will have a work influence. The first line of products is scheduled to deliver to retail in fall 2011.
Rocky Brands, Inc. designs, manufactures, and markets footwear under the Rocky Outdoor Gear, Georgia Boot, Durango, Lehigh, Mossy Oak, Michelin, and Dickies names. It also sells footwear under the Rocky label to the U.S. military. The company was founded in 1932 and is based in Nelsonville, Ohio.
Cleantech Transit Inc. (OTCPK:CLNO)
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project can generate shareholder returns as well benefit the Company's manufacturing clients worldwide.
Cleantech Transit, Inc. is pleased to announce it has completed an agreement whereby it can earn a larger ownership percentage in the 500 KW bio mass Merced Project than previously announced.
Cleantech can now earn in up to 40% of the Merced Project up from the original 25% the Company announced. The 40% ownership stake will be based on the total cost incurred to the Project to date, in addition Cleantech can invest the in the Series B shares of Phoenix Energy equal to or greater to the direct investment made in 500 KW project.
Biomass energy produces less carbon footprint compared to fossil fuels. This is because new plants grow to replace the old ones that were used to produce biomass energy before. The use of fossil fuel reduces when biomass energy is produced and this lowers the carbon dioxide levels in the atmosphere.
Please visit Cleantech Transit, Inc. website www.cleantechtransitinc.com.
VSB Bancorp, Inc. (NASDAQ:VSBN), the holding company for Victory State Bank, announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per share payable on July 1, 2011 to stockholders of record on June 24, 2011. Joseph J. LiBassi, Chairman of the Board of Directors, stated, "We are pleased to announce our fifteenth consecutive cash dividend. Even in these tough economic conditions, we are still able to generate good earnings." Raffaele M. Branca, President and Chief Executive Officer, reported, "Our dividend payout ratio is 25.6% on first quarter 2011 earnings. We still retain the majority of our earnings, which strengthens our capital base."
VSB Bancorp, Inc. operates as the holding company for Victory State Bank that provides commercial and retail banking services to individuals and businesses primarily in Staten Island, New York. It offers various deposit products, including interest and non-interest bearing checking, money market, NOW, savings, and time deposit accounts.
First Midwest Bancorp, Inc.(NASDAQ:FMBI) announced the following schedule and contact information for its second quarter 2011 earnings release and teleconference: 2nd Quarter 2011 Earnings Release: Wednesday, July 27, 2011, prior to the market opening, by Marketwire distribution and First Midwest's website at www.firstmidwest.com/investorrelations. Teleconference: Wednesday, July 27, 2011, from 10:00 A.M. ET to 11:00 A.M. ET. Listen-only mode via telephone and Internet broadcast at the First Midwest website at www.firstmidwest.com/investorrelations.
First Midwest Bancorp, Inc. operates as the holding company for First Midwest Bank, which provides various commercial and retail banking services to consumer, commercial and industrial, and public or governmental customers in Illinois. It primarily engages in generating deposits and originating loans.
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