Proteonomix, Inc., (OTCBB:PROT.OB) a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives, is pleased to provide an update on PROT's successful international approach to commercializing its proprietary and patent pending stem cell technologies.
In the past few months PROT has undertaken an intensive international effort to establish strategic joint ventures in several European and Mid-Eastern nations for its Proteonomix Regenerative Translational Medicine Institute, Inc. PROT had discussions regarding the creation of clinics in more one than one country and PROT believes that it may be able to eventually open such regenerative medicine clinics in Europe and/or the Middle East in the coming year. PROT intends that such clinics will operate under the strictest cGMP guidelines allowing us to use the clinical information generated for our future discussions with the FDA.
Proteonomix is a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives. Proteoderm, Inc. is a wholly owned subsidiary of Proteonomix that has recently opened its retail web site, Proteoderm.com, and begun accepting pre-orders for its anti-aging line of skin care products. StromaCel, Inc.’s goal is the development therapeutic modalities for the treatment of Cardiovascular Disease. StromaCel, Inc. is pursuing the licensing of other technologies for therapeutic use. National Stem Cell, Inc. is Proteonomix’s operating subsidiary. The Sperm Bank of New York, Inc. is a fully operational tissue bank. Proteonomix Regenerative Translational Medicine Institute, Inc. intends to focus on the translation of promising research in stem cell biology and cellular therapy to clinical applications of regenerative medicine. Proteonomix intends to create and dedicate a subsidiary to each of its technologies.
Ameriana Bancorp (NASDAQ:ASBI), parent company for Ameriana Bank, recently announced results for the three and six months ended June 30, 2010. For the second quarter, Ameriana reported net income of $229,000 or $0.08 per basic and diluted share compared with a net loss of $466,000 or $(0.16) per basic and diluted share for the second quarter of 2009, continuing a positive earnings trend that began in the second half of 2009. For the first six months of 2010, Ameriana's net income totaled $309,000 or $0.10 per basic and diluted share versus a net loss of $579,000 or $(0.19) per basic and diluted share in the year-earlier period.
Ameriana Bancorp is a bank holding company. Through its wholly owned subsidiary, Ameriana Bank, ASBI offers an extensive line of banking services and provides a range of investments and securities products through banking centers in the central Indiana area. Ameriana Bank owns Ameriana Insurance Agency, a full-service insurance agency, and Ameriana Financial Services, which offers securities and insurance products through LPL Financial (Member FINRA/SIPC).
MFA Financial, Inc. (NYSE:MFA) – In accordance with the terms of MFA's 8.50% Series A Cumulative Redeemable Preferred Stock, the Board of Directors has declared a preferred stock dividend of $0.53125 per share for the quarter ended September 30, 2010. This dividend is payable on September 30, 2010 to preferred stockholders of record as of September 1, 2010.
MFA is a real estate investment trust primarily engaged in the business of investment, on a leveraged basis, in a portfolio of high-quality hybrid and adjustable-rate mortgage-backed securities. MFA Financial has elected to be taxed as a REIT and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders.
America First Tax Exempt Investors, L.P. (Nasdaq:ATAX), announced recently that it has entered into a new long-term secured debt financing facility with Freddie Mac utilizing Freddie Mac's Tax-Exempt Bond Securitization program. Proceeds from the TEBS Financing totaled approximately $95.8 million, of which approximately $49.5 million was used to repay the entire outstanding balance due on ATAX's secured term loan with Bank of America. After the repayment of the Bank of America loan and the payment of expenses, approximately $40.9 million of net proceeds were received by the Company.
America First Tax Exempt Investors, L.P. engages in acquiring, holding, selling, and dealing with a portfolio of federally tax-exempt mortgage revenue bonds. As of December 31, 2009, it owned 17 federally tax-exempt mortgage revenue bonds issued by various state and local housing authorities in order to provide construction and/or permanent financing of 14 multifamily residential apartments containing a total of 2,567 rental units located in the states of Florida, Iowa, South Carolina, Texas, Nebraska, Kansas, Kentucky, Minnesota, and Illinois; 1 multifamily residential apartment complex under construction in Texas that would contain a total of 76 rental units; and a 142-bed student housing facility in Nebraska. America First Capital Associates Limited Partnership Two serves as the general partner of the company.
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