AWX, Avalon Holdings Corporation
** For the fourth quarter of 2011, AWX posted net operating revenues of $16.9 million, compared with $11.3 million in the same period the prior year, and net income of $.7 million or $.19 per share, compared with $.1 million or $.02 per share in the fourth quarter of 2010.
AWX provides waste management services to industrial, commercial, municipal and governmental customers in selected northeastern and midwestern U.S. markets. AWX also owns the Avalon Golf and Country Club, which operates golf courses and related facilities.
More about AWX at www.avalonholdings.com
CRWE, Crown Equity Holdings Inc., CRWE.OB
CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them.
CRWE?s advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness.
A recent study of US internet user behavior found that almost a third of users have uploaded something homemade onto the internet and that includes video clips.
At the video sharing website, there's the prospect of the potential riches from placing ads in or alongside the videos, or other ways of wringing the revenues out of the features.
CRWE Tube (www.crwetube.com), a video sharing site of CRWE, allows billions of people around the world to upload, watch and share original videos. With online videos continuing to experience explosive, viral growth and the web rapidly moving from text to video, businesses will need to adapt to the shift in video distribution technology or quickly become irrelevant to their consumers who anticipate seeing video everywhere online.
More about CRWE at www.crownequityholdings.com.
CYTX, Cytori Therapeutics, Inc.
CYTX reported that it has received 510(k) clearance from the FDA for the Puregraft(R) 850 System for body contouring using a patient's own fat.
The Puregraft 850 product line extension provides optimized and sterile processing of up to 850 mL of tissue, a significantly larger volume than the Puregraft 250, which received a 510(k) in January 2010. Larger tissue volumes expand the range of soft tissue procedures for which the product line may be used.
The Puregraft 850 System has also received European approval and will soon be launched in both the EU and US.
Fat grafting is an important trend in reconstructive and aesthetic surgery, with broad applications in soft tissue procedures. According to the American Society of Plastic Surgeons' most recent report, more than 57,000 fat grafting procedures were performed in the United States in 2010, a 14% increase over the previous year.
The Puregraft(R) technology is the standard for fat graft processing with its membrane-based tissue filtration combined with speed, simplicity, safety and precision. The Puregraft\ technology takes approximately 15 minutes to purify a fat graft ranging from 50 to 850 mL, removing excess and unwanted fluid, lipid, blood cells and debris in a controllable manner. The single use system, used within the sterile field, purifies fat tissue without centrifugation or other methods.
The ease of use and simplicity of this innovative system sets it apart from other traditional fat grafting methods.
CYTX is developing cell therapies based on autologous adipose-derived regenerative cells (ADRCs) to treat cardiovascular disease and repair soft tissue defects.
More about CYTX at www.cytoritx.com
KOS, Kosmos Energy Ltd.
** KOS reported that the Enyenra-4A appraisal well, located in the Deepwater Tano Block offshore Ghana, has successfully encountered substantial light oil in multiple good quality reservoirs. Full analysis of well results, including wireline logs, fluid samples and reservoir pressures, indicate that the Enyenra-4A well encountered 32 meters (105 feet) of net oil pay.
The well is located approximately 7 kilometers (4.3 miles) south of the Enyenra-2A well and nearly 21 kilometers (13 miles) south of Enyenra-3A. According to the company, pressure data from the well demonstrates that the oil is in static communication with the other wells, indicating a continuous oil column of approximately 600 meters (1,970 feet).
The Ocean Olympia rig drilled Enyenra-4A to a total depth of 4,174 meters (13,695 feet) in water of 1,878 meters (6,160 feet). Prior to submitting a plan of development for the Tweneboa, Enyenra, and Ntomme project, which is expected in the third quarter of 2012, a drill stem test of the oil zone at the Ntomme-2A well on the Deepwater Tano Block will be performed.
Injectivity tests are currently underway at Enyenra-4A to provide important information for the design of the water injection system.
KOS currently holds an 18% interest in the Deepwater Tano Block offshore Ghana. The Company?s partners include Tullow Oil plc (49.95%), Anadarko Petroleum Corporation (18%), Sabre Oil & Gas Holdings Ltd. (4.05%), and the Ghana National Petroleum Corporation (10% carried).
KOS recently exercised a right to acquire the interest of Sabre Oil & Gas Holdings Ltd. in the Deepwater Tano Block. After closing of the transaction, the Company?s interest will increase to 22.05%.
KOS is a leading independent oil and gas exploration and production company focused on frontier and emerging areas in Africa and South America. KOS? asset portfolio includes existing production, major discoveries and exploration prospects offshore Ghana, as well as exploration licenses with significant hydrocarbon potential offshore Morocco and Suriname and onshore Cameroon.
More about KOS at www.kosmosenergy.com.
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