Proteonomix, Inc., (OTCBB:PROT.OB)a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives, announced recently that Mr. Michael Cohen, Chairman and CEO, is scheduling a multi-city European road trip to create additional awareness of the Proteonomix, Inc. investment opportunity to institutional investors.
Scheduled for early October, Mr. Cohen will discuss with sophisticated investors the recent contract to establish a joint venture with a group of investors that will establish a new stem cell treatment and research facility in the United Arab Emirates. In addition, Mr. Cohen will discuss the opportunity to set up additional joint ventures in other countries using the U.A.E. arrangement as a model.
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.
La-Z-Boy Incorporated (NYSE:LZB) An industry-first, the new La-Z-Boy 3D Room Planner creates nearly photorealistic 3D renderings of consumers' rooms by inserting features like windows, doors, fireplaces and flooring along with the many styles and fabrics that La-Z-Boy has to offer, all in an easy-to-use platform. Once created, these visual reality images can be shared on Facebook or through e-mail with friends, family and design experts for feedback and discussion before any purchases are made.
La-Z-Boy Incorporated manufactures, markets, imports, distributes, and retails upholstery products and wood casegoods furniture products under the La-Z-Boy name in the United States and Canada. LZB operates in three segments: Upholstery Group, Casegoods Group, and Retail Group.
Laboratory Corporation of America Holdings (NYSE:LH) announced recently that for the period of September 12, 2010 to March 11, 2011, its Zero Coupon Convertible Subordinated Notes due 2021 will, subject to the terms of the Zero Coupon Notes, accrue contingent cash interest at a rate of no less than 0.125% of the average market price of a Zero Coupon Note for the five trading days ended September 8, 2010, in addition to the continued accrual of the original issue discount. Contingent cash interest, which the Company has determined to be approximately $1.24 per Note, will be payable to holders of the Zero Coupon Notes as of the record date, which is February 24, 2011. The payment of contingent cash interest is expected to be made on March 11, 2011.
Laboratory Corporation of America Holdings, together with its subsidiaries, operates as an independent clinical laboratory company in the United States. The company offers a range of testing services used by the medical profession in routine testing, patient diagnosis, and in the monitoring and treatment of disease, as well as specialty testing services.
Laclede Gas Company (NYSE:LG) The Missouri Public Service Commission recently approved the unanimous settlement reached in the rate case filed by Laclede Gas in December 2009. The settlement authorizes an annual net increase in rates of $20.5 million, reflecting an annual increase of $31.4 million in base rates minus $10.9 million currently being billed to customers through the Infrastructure System Replacement Surcharge.
The Laclede Group, Inc. operates as a public utility holding company. LG's principal subsidiary, Laclede Gas Company, provides natural gas service to approximately 630,000 residential, commercial, and industrial customers in metropolitan St. Louis and surrounding counties in eastern Missouri.
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