Omnicity Corp., the Midwest’s largest and fastest growing fixed Wireless Internet Service Provider, announced today after the closing bell that it has added Mr. Richard H. Reahard to its Board of Directors.

Earning his BS in Business Administration from Indiana University in 1971 and his MBA from Butler University in 1975, Mr. Reahard is a Carmel, Indiana businessman. Mr. Reahard was President of Telecom Resource, Inc. from 1993 to December 31, 2004. His background over the last 35 years is in sales and marketing.

Richard Beltzhoover, Chairman of the Board of Omnicity, stated, “Rick has been a substantial investor and supporter of Omnicity since his first investment in 2008. In addition, Rick has been a long time business associate and will be a welcome addition as an independent member of our Board of Directors.”

Greg Jarman, CEO of Omnicity, commented, “Rick

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By Bob Blandeburgo Associate Editor Money Morning On the last leg of his four-nation tour in Asia, U.S. President Barack Obama revived the issue of a still-pending free-trade agreement signed in... Money Morning is here to help investors profit handsomely on this seismic shift in the global economy. Money moves markets. But Money Morning lets you move first.

Genta Inc. released the results from a pilot study on advanced melanoma incorporating the Company’s cancer drug Genasense(R) (oblimersen sodium). This study was featured earlier this week in a presentation at the World Meeting of Interdisciplinary Melanoma/Skin Cancer Centers in Berlin, Germany, an international conference organized every year by a co-leader of the AGENDA trial, the European Association of Dermatologic Oncology (EADO).

Genasense, delivered for the first time in a high-dose, 1-hour intravenous (IV) format, was used along with the most common melanoma drug temozolomide (Temodar(R); Schering Plough, Inc.), and a paclitaxel suspension (Abraxane(R); Abraxis Bioscience, Inc.). Using a standard dose and schedule of Genasense, 500 mg over 24 hours for 7 days, showed good tolerability for 18 patients and was associated with clinical activity in prior results using this investigational combination of drugs.

Genasense, administered in this more aggressive schedule (1-hour IV twice a week for 4 weeks at 900 mg

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406 Days Until This Market Crashes…

by Robert Williams, Publisher Friday, November 20, 2009

David Fessler has a sector that warrants your attention. But first, I want to officially raise a red flag in another market.

Something’s amiss in the municipal bond market. Year-to-date, “munies” have behaved more like momentum stocks than their intended purpose of providing a safe yield.

Consider this: A handful of closed-end muni funds have averaged a 46% return so far this year.

The rally, of course, was borne out of the financial crisis, when investors and institutions alike went furiously scrambling to safety.

The novice move was into cash. But the smart money flowed strategically into the bond market. And a lot of the action was in municipal bonds. (The junk bond market is similarly overheated.)

What’s noteworthy, however, is that when the market’s

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Stocks are lower as the dollar rises and Wall Street digests a week of mixed economic reports

Overseas markets declined. European Central Bank President Jean-Claude Trichet said the ECB plans to start pulling back some of its stimulus programs as the economy begins to recover.

With little U.S. economic news to help sway the market Friday, the dollar is again pressuring stocks. A strengthening dollar drives down foreign demand for commodities, which are often traded in dollars. It also can depress U.S. exports which become more expensive as the dollar rises.

That can hurt the price of energy and materials stocks that are closely tied to commodities and companies with large operations overseas.

A disappointing earnings report from computer maker Dell Inc. is also weighing on the market. Dell said after the market closed Thursday that sales of its computers to big businesses remain sluggish. Its quarterly revenue and profit missed analysts’ expectations.

As

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Friday Nov 20, 2009

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PSFT, PowerSafe Technology Corp., PSFT.PK

PowerSafe Technology Corporation (PSFT.PK) subsidiary Amplification Technologies Inc. (www.amplificationtechnologies.com) (ATI), is offering higher performance thermoelectrically cooled discrete amplification single photon counting solid state photodetectors. These photodetectors are mounted on a two stage thermoelectric cooler inside a hermetically sealed TO8 package and can be operated down to a temperature of -30oC.

The devices are available in both Si and InGaAs/InP technologies. As compared to TO5 devices, these TO8 packaged detectors have 10-30X lower dark current depending on operating temperature. The

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Dr Stock Pick HOT News & Alerts!

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Friday Nov 20, 2009

DrStockPick.com Stock Report!

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Power3 Medical Products, Inc. (OTCBB: PWRM), a leader in neurodegenerative disease and cancer biomarkers and diagnostic tests, announced further international recognition of validity as the company’s President and CSO, Dr. Ira Goldknopf, will deliver an invited Keynote address and chair a session on “Biomarkers and Diagnostics in Personalized Medicine (Track 6-4),” at the BIT Life Sciences 2nd International Congress and Expo of Molecular Diagnostics in Beijing, China, November 19-21, 2009. The Theme of the meeting is “New Leadership of

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In this three-part video interview, Robert Zoellick, president of the World Bank, discusses with Chrystia Freeland, FT’s US managing editor, a range of topical issues concerning the global economy, new economic hotspots, China’s currency peg and lessons from the crisis.

Part 1: China and the dollar Zoellick talks about President Barack Obama’s recent trip to China and the effects of Chinese currency being pegged to the dollar. He also discusses increased criticism from China of US economic policy.

Click here or on the image below to view Part 1 of the interview.

Part 2: World economy Zoellick talks about the state of the world economy, including the financial recovery, concerns about protectionism and the role the US consumer will play in the recovery. Additionally, he discusses America’s fiscal position, the weakening US

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Using animation, Warren Buffett eloquently explains in just more than two minutes why trade imbalances lead to serfdom. Put differently, and in the context of President Obama’s visit to China, “Thriftville” owns “Squanderville” in the endgame, as he explained in “I.O.U.S.A.: One Nation. Under Stress. In Debt“.

Source: YouTube.com, November 16, 2009 (hat tip: Wall St Cheat Sheet).

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