CCSC, MAG, PROT Stock Market News Report from PennyOtcStock.com

September 30th, 2010 The News Desk

Country Style Cooking Restaurant Chain Co., Ltd (NYSE:CCSC), a fast-growing quick service restaurant chain in China, recently announced that it has priced its initial public offering of 5,000,000 American Depositary Shares, each representing four ordinary shares of CCSC, at US$16.50 per ADS, with a total offering size of US$82.5 million, assuming no exercise of the over-allotment option. The ADSs will begin trading on the New York Stock Exchange on September 28, 2010 under the symbol “CCSC.”

The underwriters have been granted a 30-day option to purchase up to 750,000 additional ADSs to cover over-allotments.

Merrill Lynch, Pierce, Fenner & Smith Incorporated and Credit Suisse Securities (USA) LLC acted as joint bookrunners and Cowen and Company, LLC and Piper Jaffray & Co. acted as co-managers for the offering.

Country Style Cooking Restaurant Chain Co., Ltd is a fast-growing quick service restaurant chain in China, offering delicious, everyday Chinese food to customers who desire fast and affordable quality meals. CCSC directly operates all of its restaurants and is the largest quick service restaurant chain in Chongqing municipality, home to Sichuan cuisine, one of the best-known Chinese regional cuisines.

 

Magnetek, Inc. (NYSE:MAG) recently announced that the New York Stock Exchange (“NYSE”) notified MAG on September 20, 2010, that it has accepted MAG’s proposed plan for continued listing on the NYSE. The Listings and Compliance Committee of the NYSE has chosen, at its discretion, to truncate the plan period for regaining compliance with the continued listing standards from 18 months to 12 months, given MAG’s recurrence of having fallen below the continued listing standards.

As a result of the NYSE’s acceptance of Magnetek’s plan, MAG’s stock will continue to be listed on the NYSE, pending quarterly reviews by the Committee to assess progress against the plan. MAG has until June 2011 to regain compliance with the NYSE’s continued listing standards.

As previously disclosed in a press release issued and Form 8-K filed on June 24, 2010, MAG received a notice from the NYSE that it was considered “below criteria” because MAG’s total average market capitalization over a consecutive 30-day trading period and its most recently reported stockholders’ equity each amounted to less than $50 million.

Magnetek, Inc. provides digital power control systems North America. MAG’s systems control motion and power primarily in material handling, elevator, and energy delivery applications. MAG offers power control and delivery systems and solutions for overhead material handling applications used in industries, such as aerospace, automotive, steel, aluminum, paper, logging, mining, ship loading, nuclear power plants, locomotive yards, and heavy movable structures.

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Proteonomix, Inc., (OTCBB:PROT.OB)a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives, is the majority shareholder in XGen with the balance held by an anonymous investor group. PROT personnel were on the ground in the U.A.E. over the past weeks to work together with the Investor Group through the start up phase. To date, XGen has established an office in the Monarch Office Tower on the prestigious Sheikh Zayed Road, and a residence for visiting PROT personnel on Jumeira 2.

 

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.

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Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PennyOtcStock.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold PennyOtcStock.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://pennyotcstock.com/disclaimer) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock.Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) has received twenty thousand dollars in cash and twenty thousand dollars in free trading shares from a third party (Swiss Financial Report) for (30) days of advertisement services for Proteonomix, Inc. (PROT.OB)

 
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PWRM, GLAD, GOOD, GLT Happy Stocks Report from PennyOtcStock.com

September 30th, 2010 The News Desk

 

 

power3

Power3 Medical Products, Inc. (OTCBB:PWRM.OB) has filed several patent applications for its NuroPro® technology that are currently pending. Power3 also has a world-wide exclusive license from the Baylor College of Medicine in Houston, Texas. To date, Power3 has given 9 presentations on NuroPro at international scientific meetings in the United States, Europe and China, and has published 6 articles in peer-reviewed scientific journals on the subject. Power3 intends to publish these latest findings as well.

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). Power3 applies proprietary methodologies to discover and identify protein biomarkers associated with diseases.

 

Gladstone Capital Corporation (Nasdaq:GLAD) recently announced earnings for the third quarter ended June 30, 2010. All per share references are per basic and diluted weighted average common shares outstanding, unless otherwise noted.

Gladstone Capital Corporation is a business development company and operates as a closed-end non-diversified management investment company. GLAD invests in debt and equity securities of small and medium-sized private United States businesses.

 

Gladstone Commercial Corporation (Nasdaq:GOOD) recently reported financial results for its second quarter ended June 30, 2010. A description of FFO, a relative non-GAAP (generally accepted accounting principles in the United States) financial measure, is located at the end of this earnings release. All per share references herein are to fully-diluted weighted average shares of common stock, unless otherwise noted.

Gladstone Commercial Corporation operates as a real estate investment trust (REIT) in the United States. GOOD engages in investing in and owning net leased industrial and commercial real properties, and making long-term industrial and commercial mortgage loans.

 

Glatfelter (NYSE:GLT) announced that its Board of Directors declared a $0.09 per share cash dividend on its outstanding common stock. The dividend is payable on November 1, 2010, to shareholders of record as of the close of business on October 5, 2010.

P. H. Glatfelter Company manufactures and sells specialty papers and fiber-based engineered products in the United States and internationally. It offers carbonless and forms papers for credit card receipts, multi-part forms, security papers, and other end-user applications; book publishing papers for the production of hardbound books and other book publishing needs; envelope and converting papers for the direct mail market, shopping bags, and other converting applications; and engineered products for digital imaging, transfer, casting, release, postal, playing card, and other niche specialty applications.

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PROT, GILD, GIVN, GBCI Medical & Financial News Report.

September 30th, 2010 The News Desk

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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.

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.

 

Gilead Sciences, Inc. (Nasdaq:GILD) recently announced that its corporate presentation was webcast from the UBS Global Life Sciences Conference in New York.

Gilead Sciences is a biopharmaceutical company that discovers, develops and commercializes innovative therapeutics in areas of unmet medical need. GILD’s mission is to advance the care of patients suffering from life-threatening diseases worldwide. Headquartered in Foster City, California, Gilead has operations in North America, Europe and Australia.

 

Given Imaging (NASDAQ:GIVN) recently announced highlights from the inaugural International Conference on Capsule Endoscopy and Double Balloon Endoscopy which took place in Paris, France, on August 27 and 28, 2010. The scientific conference was co-sponsored by Given Imaging and Fujinon GmbH and was attended by more than 600 international thought leaders in the field of gastroenterology — the largest meeting ever to focus on these growing market segments.

Given Imaging Ltd. develops, manufactures, and markets diagnostic products for the visualization and detection of gastrointestinal tract disorders. The company offers Given System, a wireless imaging system that uses PillCam capsules, which are disposable video capsules. These PillCam capsules when ingested by patients move through the gastrointestinal tract, and wirelessly transmit video, images, and data to a workstation.

 

Glacier Bancorp, Inc.’s (Nasdaq:GBCI) Board of Directors, at a meeting held on September 29, 2010, declared a quarterly dividend of $.13 per share. The dividend is payable on October 21, 2010, to owners of record on October 12, 2010.

Glacier Bancorp, Inc., a multi-bank holding company, provides commercial banking products and services in Montana, Idaho, Wyoming, Colorado, Utah, and Washington. GBCI generates various deposit products, including regular statement savings, interest-bearing checking, money market deposit, fixed rate certificates of deposit, negotiated-rate jumbo certificates, non-interest demand, and individual retirement accounts, as well as wholesale deposits comprising the certificate of deposit account registry system.

 

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CRWE, GIII, GILT, GIL Financial, Clothing & Satellite Market Update

September 30th, 2010 The News Desk

 

 

Crown Equity Holdings, Inc. (OTCBB:CRWE.OB) has increased its workforce to an amount of 35, compared to this time last year’s head count of 6, which is a 580% personnel increase. This is in addition to the 10 contractors we recently hired in Pakistan.

Crown Equity Holdings, Inc. has also expanded its Internet footprint internationally to include the following 19 countries; Argentina, Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Korea, Mexico, New Zealand, Singapore, Spain, Taiwan and the UK.

Crown Equity Holdings, Inc. is a consulting organization which provides and assists small business owners with the knowledge required in taking their company public, and has re-focused its primary vision with its aligned group of independent website divisions to providing media advertising services, as a worldwide online media advertising publisher, dedicated to the distribution of quality branding information, as well as search engine optimization for its clients.

 

G-III Apparel Group, Ltd. (Nasdaq:GIII) recently announced that it had entered into licensing agreements with Smart Apparel, Inc. for men’s dress shirts, suits, sport coats, and dress trousers under the Andrew Marc and Marc New York labels. With a focus on department store and better specialty store distribution, both companies believe that there is a significant opportunity for the increasingly strong Andrew Marc brands in these key men’s categories.

G-III Apparel Group, Ltd., together with its subsidiaries, designs, manufactures, imports, and markets a range of outerwear and sportswear apparel to retailers primarily in the United States. GIII offers women’s dresses and suits; sportswear, including coats, jackets, pants, and skirts; accessories comprising women’s handbags and men’s carrying cases; women’s footwear; men?s accessories; and men’s cold weather accessories.

 

Gilat Satellite Networks Ltd. (Nasdaq:GILT ) announced recently that it has signed a corporate sourcing contract with France Telecom SA for the provision of satellite communications equipment. Consequently, Orange Business Services, the enterprise communications arm of France Telecom, has installed a Gilat SkyEdge II hub at their Bercenay-en-Othe teleport in France. This hub will facilitate the operation of a new cellular backhaul network in Niger.

Gilat Satellite Networks Ltd., together with its subsidiaries, provides Internet Protocol based digital satellite communication and networking products and services worldwide. GILT engages in the design, production, and marketing of very small aperture terminals and related VSAT network equipment.

 

Gildan Activewear Inc. (NYSE:GIL) recently announced that it has entered into an agreement to settle all proposed securities class action proceedings filed in 2008 before the Ontario Superior Court of Justice, the Quebec Superior Court and the United States District for the Southern District of New York. The proposed litigation related to, among other things, GIL’s April 29, 2008 announcement revising its fiscal 2008 earnings guidance.

Gildan Activewear Inc. operates as a vertically-integrated marketer and manufacturer of branded basic apparel. GIL supplies activewear for the screenprint channel in the United States and Canada. GIL also supplies to this market in Europe, and is establishing a presence in Mexico and the Asia-Pacific region. GIL sells T-shirts, sport shirts, and fleece to wholesale distributors as undecorated blanks, which are subsequently decorated by screenprinters and embroiderers with designs and logos.

 

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MSLP, ROCK, GIGM, GIGA Stock Market Update Courtesy of PennyOtcStock.com

September 30th, 2010 The News Desk

 

 

MusclePharm Corporation

(OTCBB:MSLP.OB) one of the fastest growing nutritional supplement companies in the United States with a proprietary formulation used in eight performance products, recently announced MuscleGel achieves NSF certification. In addition, MSLP’s Recon and Assault nutritional products will be NSF certified within the coming months.

MusclePharm’s top management has extensive experience in the sports world and has harnessed this drive and focus into building a business to benefit its customers and help Fuel The Athlete Inside. Headquartered in Aurora, Colorado, MSLP is a fast-growing developer and manufacturer of safe, scientifically approved, nutritional supplements that are free of banned substances and tested by athletes.

 

Gibraltar Industries, Inc. (NASDAQ:ROCK), a leading manufacturer and distributor of products for building markets, recently reported its financial results for the three months and six months ended June 30, 2010.

Gibraltar Industries, Inc. manufactures, processes, and distributes residential and commercial building products worldwide. ROCK’s building products include bar grating and safety plank gratings for use in walkways, platforms, safety barriers, drainage covers, and ventilation grates; expanded metal products used in walkways, shelving, barriers, patio furniture, and other applications; perforated metal and metal lath products; fiberglass grating; and ventilation products and accessories.

 

GigaMedia Limited (Nasdaq:GIGM) recently announced second-quarter net income of $52.5 million primarily from the realization of a portion of the gain from the sale of a majority of GIGM’s gambling software business. EBITDA was $59.8 million during the second quarter. Basic and fully-diluted earnings per share in the period were US$0.94 and US$0.87, respectively.

GigaMedia Limited provides gaming software and services to the online gaming industry in the People’s Republic of China, Taiwan, Hong Kong, and Macau. It operates through two segments, Gaming Software and Service, and Online Game and Service.

 

Giga-tronics Incorporated (Nasdaq:GIGA) reported recently a net profit of $13,625,000 or $2.73 per fully diluted share for the quarter ended June 26, 2010 primarily due to a change in the valuation allowance against GIGA’s deferred tax asset. This compares with a net profit of $333,000 or $0.07 per fully diluted share for the same period a year ago. Net sales increased 5% to $4,701,000 in the first quarter of fiscal 2011 compared to $4,469,000 in the first quarter of fiscal 2010.

Giga-tronics Incorporated engages in the design, manufacture, and marketing of various test and measurement equipment used in the development, test, and maintenance of wireless communications products and systems, flight navigational equipment, electronic defense systems, and automatic testing systems.

 

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Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PennyOtcStock.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold PennyOtcStock.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://pennyotcstock.com/disclaimer) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock.Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings, Inc. (CRWE.OB) has received twenty five thousand dollars in cash and seventy five thousand free trading shares from a third party (Bishop Equity Partners) for (30) days of advertising for Muscle Pharm Corp. (MSLP.OB)

 
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