(AZK, PWRM, PDC, PLM, RTK) Stock in Focus by DrStockPick.com
Wednesday, July 6th, 2011
Power3 Medical Products Inc. (PWRM)
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).
The NuroPro Blood Test is Power3 Medical’s 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.
Alzheimer’s disease is a type of brain disorder in which a person fails to follow his daily routine with full attentiveness. This disease usually appears in older people due to some genetic mutations that may cause building up of amyloidal proteins. This disease is less common in youth. If this disease runs into your family then any of the family members can show the symptoms as this disease is also a genetic disease.
Alzheimer’s disease is generally mistreated at early stages, because people and sometimes even doctors do not realize that the common symptoms like forgetfulness and losing track of things, vision problems and problem in hearing can be related to Alzheimer’s disease.
The NuroPro Test is currently in the development stages. The company has completed proof-of-concept and clinical validation studies, with results exceeding expectations. Currently, Power3 Medical has commenced a three hundred patient clinical validation study of its NuroPro diagnostic test for Alzheimer’s disease and Parkinson’s disease.
For more information about Power3 Medical Products, Inc., please visit http://www.power3medical.com
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Aurizon Mines Ltd (AMEX:AZK) is pleased to announce that George N. Paspalas has agreed to join the Company as President and Chief Executive Officer and as a member of the Company’s Board of Directors, effective August 15, 2011. David Hall will continue as President & Chief Executive Officer until August 15, 2011 and, following Mr. Paspalas’s appointment, will continue to serve the Company as Chairman of the Board.
Aurizon Mines Ltd. engages in the acquisition, exploration, development, and operation of gold properties in North America.
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Pioneer Drilling Co. (AMEX:PDC) announced that it has entered into an amendment and restatement of its existing credit agreement. The amended and restated credit agreement provides the Company with a $250 million, five-year, senior secured revolving credit facility. The amended and restated credit agreement, among other things: extends the maturity date of the credit agreement from August 31, 2012, to June 30, 2016; increases the aggregate amount of commitments under the credit agreement from $225 million to $250 million; improves the pricing terms for borrowings and the commitment fee; and provides the Company with increased flexibility under the financial covenants.
Pioneer Drilling Company, through its subsidiaries, provides contract land drilling services and production services to independent and major oil and gas exploration and production companies in the United States and Colombia.
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Polymet Mining Corp. (AMEX:PLM) reported that: It has closed the previously-announced $4 million loan from Iron Range Resources & Rehabilitation Board (”IRRRB”), It has exercised its option to acquire two tracts of land totaling approximately 5,375 acres of forests, wetlands, and lakes with high recreational value that are included as part of the proposed land exchange with the U.S. Forest Service.
PolyMet Mining Corp., together with its subsidiary, Poly Met Mining, Inc., engages in the exploration, development, and acquisition of natural resource properties.
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Rentech, Inc. (AMEX:RTK) announced its conference schedule for July 2011. July 26-27, 2011 U.S. Department of Energy Biomass 2011, Replace the Whole Barrel, Supply the Whole Market, National Harbor, MD. Attendees and exhibitors: Dan Cohrs, EVP & Chief Financial Officer and Harold Wright, Senior Vice President & Chief Technology Officer.
Rentech Inc. provides alternative and clean energy solutions; and manufactures and sells nitrogen fertilizer products.
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