Orofino Gold Corp (ORFG.PK)
ORFG has signed an option agreement to acquire several properties in Colombia , currently a hot spot of gold production. The central area of Senderos de Oro contains a frequent occurrence of the very high grade gold vein systems. With several small-scale grinding and amalgamation mills in place, ORFG is planning to design a central processing and recovery facility capable of processing enough high-grade material to produce up to 120,000 ounces of gold annually.
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TaxMasters, Inc. (OTC BB:TAXS.OB)
TAXS filed a Current Report on Form 8-K on Wednesday, July 7, 2010 to announce that Patrick Cox, its founder, CEO and majority shareholder, voluntarily entered into a Financial Reorganization Agreement in which Mr. Cox deposited 200 million shares of his TAXS common stock with TAXS’ transfer agent, Olde Monmouth Stock Transfer Co., Inc. These shares will be held in escrow by Olde Monmouth for a five year period ending June 30, 2015. During that time, Mr. Cox has waived his right to vote the escrowed shares and he has also waived his right to receive any dividends or other distributions by TAXS with respect to the escrowed shares. As a result of Mr. Cox’s voluntary escrow of shares, there are now 139,676,105 shares of common stock that can be voted or can receive dividends or other distributions. The 139,676,105 shares will also be the number of shares used to calculate earnings per share for TAXS financial statements.
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Power 3 Medical Products Inc. (PWRM.OB)
PWRM is a leader in bio-medical research and the commercialization of neurodegenerative disease and cancer biomarkers, pathways, and mechanisms of diseases through the development of diagnostic tests and drug targets.
PWRM’s patent-pending technologies are being used to develop screening and diagnostic tests for the early detection and prognosis of disease, identify protein biomarkers, drug targets, and its diagnostic tests are targeted toward markets with critical unmet needs in areas including neurodegenerative disease (NuroPro) and breast cancer (BC-SeraPro).
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Rome Bancorp, Inc. (Nasdaq:ROME)
ROME, the holding company of The Rome Savings Bank (the "Bank"), announced that ROME's Board of Directors has declared a quarterly cash dividend on its common stock of 9.0 cents ($0.09) per share for stockholders of record at the close of business on August 6, 2010. The dividend is payable on August 20, 2010.
ROME operates as the holding company for The Rome Savings Bank that provides community banking services for individuals and small-to medium-sized businesses. It offers various deposit products, including savings deposits, interest-bearing demand accounts, non-interest-bearing demand accounts, money market accounts, and time deposits.
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Northrop Grumman (NYSE:NOC)
NOC has issued a Worker Adjustment and Retraining Notification (WARN) for 173 employees who support the Fort Eustis Directorate of Logistics (DoL) program. Under the terms of the contract, NOC provides a full range of logistics services to support Fort Eustis and its tenant commands including maintenance, supply and transportation. NOC is a leading global security company whose 120,000 employees provide innovative systems, products, and solutions in aerospace, electronics, information systems, shipbuilding and technical services to government and commercial customers worldwide.
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