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Wednesday Feb. 10, 2010

PennyToBuck.com Stock Report!

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Power3 Medical Products, Inc. (OTCBB:PWRM) reported that 4 abstracts covering results from clinical validation trials of the NuroPro(R) AD test for Alzheimer’s disease were submitted to the 2010 annual meeting of the International Congress of Alzheimer’s Disease, taking place July 2010. The NuroPro AD test was developed to help clinicians distinguish patients with Alzheimer’s disease from “normal” individuals and patients with other neurological disorders. The test, developed by Power3, is a panel of 57 blood serum protein biomarkers evaluated by biostatistical analysis to predict the probability a patient has Alzheimer’s disease. The test is intended to solve the critical challenge facing physicians, clinicians, and patients for quick, early stage, and accurate diagnosis of this debilitating disease as well as to provide guidance for therapy, and monitor treatment response.

Cavitation Technologies, Inc. (CTI) (OTC Bulletin Board: CVAT) reported executing a Worldwide License and Distribution Agreement for CTI’s Green D Plus Nano Cavitation Reactor Systems with Desmet Ballestra Group www.desmetgroup.com. CTI projects significant revenue within the next 12 months having initial commitment for at least 20 plant installations annually. Furthermore, Cavitation Technologies entered into a Strategic Alliance Agreement with Divine Fuel, LLC with regard to its BioForce 9000 renewable fuel systems. After evaluating all available technologies, Divine Fuel selected CTI’s advanced BioForce 9000 system as the technology of choice.

Northrop Grumman Corporation (NYSE:NOC) has received a full-rate production contract from the U.S. Naval Sea Systems Command for its AN/SPQ-9B shipboard radar systems, which will enhance detection and tracking of high-speed threats such as sea-skimming anti-ship missiles. Under the fixed-price $26.2 million contract, Northrop Grumman’s Naval and Marine Systems Division facility in Melville, N.Y., will supply four shipsets. The contract includes options that could bring the total value to $281.5 million. The options encompass a wide range of U.S. aircraft carriers, cruisers and amphibious assault ships, as well as the U.S. Coast Guard National Security Cutter.

Jeffersonville Bancorp, Inc. (Nasdaq:JFBC) announced today fourth quarter net income of $936,000 or $0.22 per share compared to $2,633,000 or $0.63 per share for the fourth quarter of 2008. Fourth quarter 2008 earnings included a non-recurring tax benefit of $1,908,000 related to the impairment charge the Company took on its investment in FHLMC preferred stock during the third quarter of 2008. Earnings for the full year 2009 were $3,384,000 or $0.80 per share for the year compared to $2,702,000 or $0.64 per share for 2008.

The U.S. Navy awarded Lockheed Martin (NYSE: LMT) a $160 million follow-on contract for technical and engineering support of its land-based test facility for the Aegis Ballistic Defense Weapon System.

Cisco (NASDAQ:CSCO) today announced that it is collaborating with the city of Holyoke, Mass., to establish a cooperative relationship that advances the city’s community vision for revitalization and stability. Faced with familiar urban planning challenges such as unemployment, population loss in the town center to rapid growth in Holyoke suburban neighborhoods, and delivery of services to a moving population, the city of Holyoke is taking an innovative approach in investigating the positive effect that an Internet-based, connected community model can play in helping to revitalize the local economy.

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