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(FFA, FSBK, MEE, PWRM) Stock Report From PennyOmega.com

Posted, by pennylynnomega on November 17th, 2010

Power3 Medical Products, Inc. (OTC.BB:PWRM) delivered four poster presentations at the 2010 International Conference on Alzheimer's Disease (ICAD) in Honolulu, Hawaii. These presentations discussed NuroPro®, Power3's diagnostic test, and focused on Power3's Alzheimer's disease blood serum biomarkers, test and clinical validation trials.

"In preparation for commercialization, our objective at this meeting was to show how Power3's protein biomarkers and blood tests provide superior solutions for diagnosis and drug response to improve the treatment of Alzheimer's disease," said Dr. Ira L. Goldknopf, Power3's President and Chief Scientific Officer. "It was gratifying to receive substantial attention to our posters from representatives of major pharma and clinical research institutions from around the world. They expressed surprise and enthusiasm for our findings, especially those relating to the methods by which Power3's protein biomarkers indicate how patients respond to treatment with the three major anti-dementia drugs."

"We are pleased that our blood tests specifically diagnose Alzheimer's in patients, both pre- and post-treatment," said Helen R. Park, MS, Chief Executive Officer of Power3, "and that our scientific collaborators, Dr. Marwan Sabbagh, Medical and Scientific Director of the Banner Sun Health Medical Research Institute, and Dr. Lourdes R. Bosquez, President of the Woodlands Behavioral Institute, Inc., presented along with us at the meeting in Hawaii."

"We are within striking distance of realizing an Alzheimer's clinical diagnostic tool which I hope will lead to a greater understanding of the disease and buoy the pace of future therapeutic interventions," added Marwan Sabbagh MD, Medical and Scientific Director of Banner Sun Health Medical Research Institute.

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Massey Energy Company (NYSE:MEE) recently announced that it has restarted operations at its preparation plant in Logan County, WV. The redesigned Bandmill plant has been renamed “Zigmond Processing,” after retired longtime Massey member Richard Zigmond.

Massey Energy Company, through its wholly owned subsidiary, A.T. Massey Coal Company, Inc., produces, processes, and sells bituminous coal primarily in the United States.

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First South Bancorp, Inc. (NASDAQ:FSBK), the parent holding company of First South Bank, recently reported its unaudited earnings for the quarter and nine months ended September 30, 2010. Net income was $1.0 million for the 2010 third quarter, compared to net income of $1.6 million for the linked 2010 second quarter, and $1.8 million for the comparative 2009 third quarter.

First South Bancorp, Inc. operates as the bank holding company for First South Bank that provides commercial banking products and services in North Carolina.

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First Trust Enhanced Equity Income Fund (NYSE:FFA) First Trust Advisors L.P., an investment advisor registered with the SEC, announced recently that James A. Bowen, its President, acquired 100% of the voting stock of The Charger Corporation, the general partner of FTA.

First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P.

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Authored by, pennylynnomega
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