Macatawa Bank Corporation (Nasdaq:MCBC) will commence its previously announced rights offering and public offering of up to 17,826,086 shares of its common stock on May 10, 2011.
Macatawa Bank Corporation common stock is traded on The NASDAQ Global Select Market under the ticker symbol "MCBC."
Power3 Medical Products, Inc. (PWRM.OB)
Power3 Medical specializes in the early detection of breast cancer, to improve the survival rates and quality of life for women with the disease. According to the American Cancer Society, when breast cancer is confined to the breast, the five-year survival rate is close to 100%. Unfortunately, the standard of diagnosis for breast cancer is self-examination from age 20 and annual mammograms from age 40. By the time a cancer is detected by either method, the woman may have had the disease for six to ten years, with a significant risk of serious consequences including mortality.
PWRM uses its Proteomic-based platform to analyze breast cancer at the protein level. To date, they have identified over 120 distinct biomarkers relating to breast cancer. In collaboration with a major research institute in Houston Texas, the Company has developed the Early Detection Breast Cancer Test, BC-SeraPro™. This test indicates, years prior to mammography, whether the patient has an early indication for breast cancer and if they require more testing or treatment. Power3 believes the BC-SeraPro Test™ will become the standard precursor to the mammogram.
In 2003, the breast cancer diagnostic market totaled $7 billion, which included $4.2 billion in mammograms and most of the remaining $2.8 billion in biopsy procedures.
The global mammogram market is estimated at approximately $10 billion by the World Health Organization(WHO) and is growing especially in Asia where the incidences of breast cancer occur more frequently and at a younger age.
Breast cancer is the second leading cause of cancer deaths in women today.
As a New technology for early detection, minimally-invasive BC-SeraPro™ Test from Power3 should participate favorably in the aforementioned mammogram market and has the potential to capture a significant portion of the pre-mammography early detection market.
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).
For more information about this company please visit http://www.power3medical.com
Orofino Gold Corp. (ORFG.PK)
Orofino Gold Corp. previous results from random chip samples from within their La Azul mining area in Colombia indicated very high grades.
ORFG is a Colombian 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 Gold Corp.'s objective is to continue to build shareholder value through the exploration and development of The Senderos de Oro Gold Camp and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.
Random chip samples returned high grades to 40.20 grams of gold per tonne in average (or 1.29 troy ounces per tonne) by adopting fusion method (G6Gr).
Random chip samples returned grades to 107.40 grams of silver per tonne in average (adopting aqua regia digestion method - 7AR).
The best results generated 63.30 grams of gold per tonne (or two troy ounces of gold per tonne) and 202 grams of silver per tonne (or six and a half troy ounces of silver per tonne).
Chip samples returned 40.20 grams of gold per tonne in average (or 1.29 troy ounces per tonne).
Chip samples returned 107.20 grams of silver per tonne in average (or 3.45 troy ounces per tonne).
Laboratory Test Summary:
La Azul chip samples represent rocks from mining areas which were extracted from or near the vein systems.
These rocks indicate high grades of gold and silver well above industry-wide averages.
La Azul is one producing artesanal mine in the Senderos de Oro area controlled by Orofino Gold Corp..
It is a mixed sequence of predominantly volcanic rocks with the vien systems comprised of high grade chalcopyrite, galena and sphalerite with pyrite in quartz viens.
As an already-producing mine, Orofino Gold Corp. has begun moving aggressively to confirm the current mineralogical interpretations, fast-tracking analysis work with a goal of beginning drilling within the year.
La Azul features numerous geological similarities to Greystar’s Angostura project and Ventana’s La Bodega project, but La Azul is suspected to be of a higher grade and more easily accessible.
The Senderos de Oro Project is comprised of more than 3000 hectares of Gold and other mineral concessions in the minera mining area of central Sur de Bolivar.
The Project resembles the La Bodega and Vetas California Projects, currently being explored and developed by Canadian Exploration Company Ventana Gold, for which EBX recently extended an unsolicited tender offer of $1.3 Billion.
The precious yellow metal, true to its tradition of breaking record highs when the rest of the economy is in stagnation, previously shot over $1,500.00
A complete listing of Acme Analytical Laboratories reports is available on Orofino Gold Corp. website.
For more information about this company please visit http://www.orofinogold.com
PostRock Energy Corporation (Nasdaq:PSTR) will host its quarterly webcast and conference call on Thursday, May 12, 2011 at 10:00 a.m. Central Time.
S1 Corporation (Nasdaq:SONE), a leading global provider of payments and financial services software solutions, recently reported that the Company's Chief Executive Officer, Johann Dreyer, and Chief Financial Officer, Paul Parrish, will present at the D.A. Davidson 13th Annual Financial Services Conference in Seattle, Washington on Thursday, May 12, 2011 at approximately 8:30 a.m. PT.
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