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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.
As a member of its Board of Advisors, Orofino Gold Corp. (OTC:ORFG.PK) was pleased to announce an expanding involvement of renown academic Dr. Hans J. Bocker as Orofino continues to increase its activities in preparation for major development on its Colombian mining concessions.
Dr. Hans J. Bocker is an internationally recognized academic advisor. His expertise encompasses fundamental organizational and operational logistics including production and operations management, purchasing and procurement, safety, loss control, quality management, international management, cross-cultural management, transportation and traffic logistics, and leadership training for executives. In addition to his logistical expertise, Dr. Bocker is also an internationally recognized Gold expert. He recently published a book on Gold titled Freedom Through Gold which has sold out in several languages. He is a published journalist with over 2000 publications.
Dr. Bocker’s new responsibilities as a member of the Board with Orofino Gold Corp will include the Overview of the Sustainable Development Plan as well as working with government and community relations groups to assure the local community is well represented in all aspects of social change and community development.
Orofino Gold is a Colombia based gold producer founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise. Orofino’s corporate objective is to continue to build shareholder value through the exploration and development of Senderos de Oro and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.
Cypress Semiconductor Corporation (Nasdaq:CY) announced that Acer Inc. has selected the TrueTouch™ touchscreen solution from Cypress to implement the multitouch touchscreen in the Acer Liquid MT smartphone. The flexible TrueTouch solution, based on the PSoC® programmable system-on-chip architecture, delivered the most responsive and accurate touchscreen solution for the new phone. Acer also used TrueTouch controllers for its recently announced ICONIA tablet.
Cypress Semiconductor Corporation operates as a semiconductor company in the United States and internationally. The company delivers various high-performance, mixed-signal, programmable solutions.
Birner Dental Management Services Inc. (Nasdaq:BDMS) operators of PERFECT TEETH™ dental practices announced its regular quarterly dividend. The Company’s board of directors has declared a quarterly cash dividend of 20 cents per share of common stock. The dividend is payable April 8, 2011, to shareholders of record March 25, 2011.
Birner Dental Management Services, Inc. provides business services to dental group practices in Colorado, New Mexico, and Arizona. The company was founded in 1995 and is headquartered in Denver, Colorado.
MB Financial Inc. (Nasdaq:MBFI) announced that its Annual Meeting of Stockholders will take place at 8:30 a.m., CST, on June 13, 2011, at its MB Financial Center office, 6111 North River Road, Rosemont, Illinois. MB Financial, Inc., a Chicago-based financial holding company, is the parent company of MB Financial Bank, N.A. MB Financial Bank is a locally-operated financial institution that has been delivering competitive personalized service for 100 years to businesses and individuals who live and work in the Chicago metropolitan area. MB Financial Bank has locations throughout the Chicagoland area. More information about the company can be found at www.mbfinancial.com.
MB Financial, Inc. operates as the holding company for MB Financial Bank, N.A that offers commercial and retail banking, and wealth management services to small and middle market businesses, and leasing companies in the United States.
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