Fri, 18 Mar 2011: 

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Power3 Medical Products, Inc. (PWRM.OB)

Power3 Medical Products, Inc. (OTC.BB:PWRM), a leading proteomics company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases, 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.

In addition, Power3 is a party to several litigation matters, most of which relate to various toxic debt instruments that were entered into by Power3 several years ago when it operated under the tenure of Chairman and CEO, Steven B. Rash. Because current management believes these toxic debt instruments are responsible for Power3’s depressed stock price and have distracted the company from its mission, Power3 plans to settle as many of these nagging lawsuits as possible prior to the completion of its merger with Rozetta-Cell Life Sciences, Inc. As for those lawsuits that cannot be speedily resolved, Power3 will continue to rigorously defend its position. For example, one such lawsuit involves Neogenomics, Inc., which was recently granted a motion for summary judgment with respect to an amount due under a convertible debenture. Power3 intends to appeal this decision.

“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 2011.

crwe black CRWE, Crown Equity Holdings Inc., CRWE.OB

CRWE, together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers. CRWE offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.

CRWE recently reported that it has extended its CRWENEWSWIRE global platform web presence and is now publishing online news and information to the following countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Ireland, Italy, Japan, Malaysia, Mexico, New Zealand, Russia, Singapore, South Africa, South Korea, Spain, Taiwan, United Arab Emirates and the United Kingdom, using their specific country code domain and native language.

CRWE has also established over 1,100 city specific sites within the US, allowing CRWE to publish its news and information nationwide or geographically.

With the growth of information on the internet has growth the amount of time people spend on it, which has in turn generated a new market for internet advertising. Some of the wealthiest companies in the world have made sure that they get a piece of the internet marketing pie, and for a good reason.

Information published on the World Wide Web is automatically offered to a global audience of consumers. This does make the net an incredibly cost-effective medium to get information out to readers, reaching over 190 countries.

One Internet advertising benefit is always that, since internet spans the entire planet, pockets of one’s target audience is scattered worldwide, can be targetted at once, instead of trying to find different publications, radio stations and tv stations that focus on a particular geographical area.

More about CRWE at www.crownequityholdings.com

DR Horton Inc. (NYSE:DHI) announced that it is calling all of its 5.375% Senior Notes due June 15, 2012 (“the Notes”) for full redemption on April 15, 2011 in accordance with the terms of the indenture governing the Notes. The Notes will be redeemed at a redemption price that will include a premium based on the present values of the remaining scheduled payments on the Notes as described in the indenture, together with accrued and unpaid interest on the Notes to the redemption date of April 15, 2011. The principal amount of the Notes outstanding on March 15, 2011 was $112,279,000.
D.R. Horton, Inc. operates as a homebuilding company in the United States. The company operates in two segments, Homebuilding and Financial Services. The Homebuilding segment engages in the acquisition and development of land, and construction and sale of residential homes on the land in 27 states and 75 markets in the United States.

Citigroup, Inc. (NYSE:C) announced that its Global Transaction Services business, acting through Citibank N.A., has been appointed by Resource Generation Limited (“Res Gen”), an Australia based exploration and development company focused on energy related resources, as depositary bank for its sponsored Level 1 American Depositary Receipt (ADR) program. Res Gen will trade in the OTC marketplace, under the symbol RSGNY. Res Gen’s ordinary shares are listed on the Australian Stock Exchange (“ASX”). Each ADR represents four (4) ordinary shares.
Citigroup, Inc., a global financial services company, provides consumers, corporations, governments, and institutions with a range of financial products and services, including consumer banking, credit cards, corporate and investment banking, securities brokerage, and wealth management.

Wausau Paper Corp. (NYSE:WPP) announced the appointments of Patrick J. Medvecz to the position of senior vice president - operations and Michael W. Nelson to senior vice president - paper which had become effective on March 15, 2011. Mr. Medvecz, 47, joined Wausau Paper in 1993 and has most recently served as corporate vice president, manufacturing and technology. Pat in his new role will have responsibility for all tissue and paper manufacturing operations.
Wausau Paper Corp. manufactures, converts, and sells paper and paper products in the United States and internationally. It operates in two segments, Paper and Tissue. The Paper segment focuses on five core markets: food, liner, print and color, industrial, and tape.

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Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. Stock-PR.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold Stock-PR.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://stock-pr.com/disclaimer).Crown Equity Holdings Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) 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. (PWRM.OB).

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