National Health Partners, Inc. (NHPR)
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called “CARExpress.” CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. The company’s primary target customer group is the 47 million Americans who have no health insurance of any kind. The company’s secondary target customer group includes the millions of Americans who lack complete health insurance coverage.
Concern about high and rising health care costs in the United States has increased sharply in recent years. With the increase in costs and the lack of affordability of health insurance for many Americans, Health insurance is becoming increasingly difficult for workers and their employers to afford. Premiums increased 114 percent between 1999 and 2007, while workers’ earnings increased only 27 percent. U.S. spending on health care as a percentage of Gross Domestic Product is more than six percentage points higher than the average for other developed countries. Other important drivers of health care spending include health status (particularly obesity) and low productivity gains in the health care sector.
National Health Partners, Inc. recently announced the launch of a new network marketing program by one of its strategic partners, Xpress Healthcare, LLC. Xpress Healthcare has teamed up with CARExpress in an effort to revolutionize the discount healthcare industry while at the same time bringing financial freedom to families across the nation. By the end of the second quarter of 2011, Xpress Healthcare anticipates adding over 100 new brokers both participating in and promoting National Health Partners’ CARExpress program and should enroll over 2,500 new members.
Xpress also expects its growth to accelerate in the 3rd quarter as it anticipates recruiting an additional 200 new brokers which should generate over 10,000 new CARExpress sales. According to National Health Partners, Inc offering tremendous growth potential, Xpress Healthcare is well positioned to become the leading marketing arm for its CARExpress and now Strong Sales are projected for 2nd Quarter from this new strategic partnership.
For more information about National Health Partners, Inc. Visit its website: www.nationalhealthpartners.com
Orofino Gold Corp. (ORFG)
Consumers’ seemingly unfailing appetite for ever lighter, faster and technically enhanced electronic consumer goods has been fuelling a steadily-rising demand for gold from manufacturers.
One challenge with the use of gold in very small quantities in very small devices is loss of the metal from society. Nearly one billion cell phones are produced each year and most of them contain about fifty cents worth of gold. Their average lifetime is under two years and very few are currently recycled. Although the amount of gold is small in each device, their enormous numbers translate into a lot of unrecycled gold.
Most of the ways that gold is used today have been developed only during the last two or three decades. This trend will likely continue. As our society requires more sophisticated and reliable materials our uses for gold will increase. This combination of growing demand, few substitutes and limited supply will cause the value and importance of gold to increase steadily over time. It is truly a metal of the future.
Orofino Gold Corp. recently announced that it has requested Sepro Systems Corp. to assist in the design criteria to improve environmental sensitivity and maximize yield production and recoveries as it begins development at its Culo Alzado mine site in Sur de Bolivar, Colombia.
Canadian-based Sepro Systems Corp. is a leading supplier of state-of-the-art, environmentally sensitive mineral processing equipment for projects worldwide.
Recent permitting issues for Colombian based Gold projects due to environmental concerns from the Colombian government have made sustainable and environmentally conscious mining programs a top priority for many of the region’s mining companies. Orofino’s directors and management feel taking steps to ensure sustainability from the beginning of its exploration process is part of the company’s responsibility to the local population and government. These steps will also better position the company for long-term development of its concessions thanks to a decreased environmental impact.
In addition to positioning Orofino for environmentally sustainable growth, installing Sepro equipment at its Culo Alzado mine site will also dramatically improve recoveries of minerals from current workings. Orofino intends to install new, state-of-the-art crushing, milling, and recovery systems in order to begin a regular sampling program as laid-out by the company’s Qualified Person as described in the National Instrument 43-101. This equipment will enable Orofino to generate regular, up-to-date metallurgical and geological reports, improving knowledge of the composition of the producing concessions and increasing investor confidence.
Orofino Gold Corp. corporate objective is to continue to build shareholder value through the exploration and development of Senderos de Oro and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.
Orofino Gold Corp. is a Colombia based gold producer founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise.
For more information about Orofino Gold Corp., please visit their website: http://www.orofinogold.com
Chemed Corp. (NYSE:CHE) elected a slate of 10 directors at the Company’s 2011 annual shareholders’ meeting. Each of the directors continues from the prior term. Shareholders ratified the continuation of PricewaterhouseCoopers LLP as the Company’s independent accountants for 2011. In addition, shareholders approved Chemed’s executive compensation and recommended an advisory vote be conducted on an annual basis. Following the shareholders’ meeting, Chemed’s Board of Directors declared a quarterly cash dividend of 14 cents per share on the Company’s capital stock, payable on June 15, 2011, to shareholders of record May 26, 2011. This represents the 160th consecutive quarterly dividend paid to shareholders in Chemed’s 40 years as a public company.
Chemed Corporation, through its subsidiaries, provides hospice care, and repair and maintenance services in the United States. The company operates in two segments, Vitas and Roto-Rooter. Chemed Corporation was founded in 1970 and is based in Cincinnati, Ohio.
Nacco Industries Inc. (NYSE:NC) announced that the Board of Directors increased its regular cash dividend from 52.25 cents to 53.25 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid June 15, 2011 to stockholders of record at the close of business on June 1, 2011. The new dividend is equal to an annual rate of $2.13 per share.
NACCO Industries, Inc., through its subsidiaries, engages in lift trucks, small appliances, specialty retail, and mining businesses primarily in the Americas, Europe, and the Asia-Pacific The company was founded in 1913 and is based in Cleveland, Ohio.
InterOil Corporation (NYSE:IOC) announced financial and operating results for the first quarter ended March 31, 2011.On February 2, 2011, we signed a Project Funding and Construction Agreement and Shareholder Agreement with Energy World Corporation Limited setting the framework parameters in respect of the development, construction, financing and operation of a planned 3 million tonne per annum (mtpa) land based modular LNG plant in the Gulf Province of Papua New Guinea. On March 22, 2011, InterOil announced the details of the independent engineering evaluation prepared by GLJ Petroleum Consultants Ltd., which evaluated the contingent resources at Elk and Antelope fields in Papua New Guinea effective as at December 31, 2010. The 2010 GLJ Petroleum Consultants report provides for a best case estimate of gross contingent resources of 8.59 trillion cubic feet of natural gas and 128.9 million barrels of condensate. On March 23, 2011 we signed a non-binding memorandum with EWC to negotiate taking an ownership interest and establish an associated downstream gas sale, purchase, transmission and distribution services company. EWC has a permit to construct a LNG hub terminal and a 300 Megawatt combined cycle gas turbine power plant located in the Philippines. InterOil recorded a consolidated net profit for the quarter ended March 31, 2011 of $0.7 million. The operating segments of Corporate, Midstream Refining and Downstream collectively derived a net profit for the quarter of $21.2 million, while the development segments of Upstream and Midstream Liquefaction had a net loss of $20.5 million.
InterOil Corporation primarily engages in the exploration, appraisal, and development of crude oil and natural gas properties in Papua New Guinea. It also involves in the refining and liquefaction of jet fuel, diesel, and gasoline, as well as naphtha and low sulfur waxy residue.
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