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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."

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Power3 Medical Products, Inc. (PWRM.OB)

Macatawa Bank Corp. (NASDAQ:MCBC) previously reported the appointment of Craig A. Hankinson as Senior Vice President and Chief Credit Officer. In this position, Hankinson will have oversight for Macatawa's credit administration and credit approval process, loan policies and procedures, and work to ensure the overall quality of the Bank's lending portfolio.

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UTStarcom, Inc. (Nasdaq:UTSI) announced that it has closed a previously announced transaction with Stage Smart Limited ("Stage Smart"). Under the terms of the transaction, UTStarcom acquired a 75% interest in Stage Smart for US$ 30 million. The total consideration UTStarcom paid has two parts: 1) US$20 million in cash to Stage Smart in exchange for preferred stock.

Global Hunter Corp. (TSX.V: BOB) has arranged a $2,500,000 loan to advance its Corona de Cobre project in Chile. The proceeds from the loan will be used by the Company to fund project expenses and for general working capital purposes.

MusclePharm Corporation (OTCBB:MSLP), one of the fastest growing nutritional supplement companies in the United States, has been invited to present at the upcoming HIV DART(TM) 2010: Frontiers in Drug development for Antiretroviral Therapies Conference being held from December 7-10, 2010 in Los Cabos, Mexico.

GreenHouse Holdings, Inc. (OTCQB:GRHU) previously announced that PepsiCo(R) will partner with GreenHouse to utilize Southern California Edison’s (SCE) Automated Demand Response (Auto-DR) program at its Buena Park bottling plant.

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