Not sure what is up, but seeing some talk of this stock growing. Picked up a starter on it.
Outstanding Shares: 93,444,260 as of 2006-09-07 Float: 44,441,123 as of 2006-10-01 Source: Pinksheets
Consumers Financial Corporation Announces That It Has Formed an Alliance With Knowledge Market, Inc. Which Allows Consumers Financial Corp. Access to New Ground Breaking Technology From University of California, Berkeley Tuesday December 19, 8:30 am ET
CEDARHURST, N.Y., Dec. 19, 2006 (PRIME NEWSWIRE) -- Recently, Consumers Financial Corporation (Other OTC:CFCJ.PK - News) announced that the company had signed an agreement with Knowledge Market, Inc., a Silicon Valley-based provider of technology commercialization products and services. This agreement will assist Consumers Financial Corporation to discover and potentially acquire new and emerging technologies.
The first technology that Consumers Financial intends to collaborate on with the University of California, Berkeley is their Nano Structure for Adhesion, Friction and Conduction. These biomimetically inspired nano-structures can stick to wet, dry, rough or smooth surfaces, and can be peeled-off and re-used. They are also self-cleaning, leave no residue, and are bio-compatible. The original research was published in Nature (2000.405:681-5) and PNAS (2002.99:12252-6).
The University has filed U.S. and international patent applications that broadly cover this inventive concept as well as its manufacturing methods and end-user applications.
Knowledge Market sources technologies from leading research institutions such as the National Aeronautics and Space Administration (NASA), Ames Research Center, Jet Propulsion Lab (JPL), National Institutes of Health (NIH), Berkeley National Lab, Los Alamos National Laboratory, Lawrence Livermore National Laboratory, Oak Ridge National Laboratory, Stanford University, UCLA, Harvard University, Massachusetts Institute of Technology, Oxford University, Cambridge University, Tokyo University, various corporate research labs and from individual inventors with exceptional backgrounds in their respective domains.
Knowledge Market's mission is to locate and evaluate uncommercialized intellectual property (IP) with a view towards meeting specific market needs. Consumers, companies, and nations are inundated with new technology at a rate faster than at any time in human history. With approximately 70 percent of these new technologies going unlicensed, Knowledge Market provides an effective new approach for commercializing these technologies. For more information on Knowledge Market, please visit their website at http://www.knowledgemarket.com.
``We are very pleased to be working with Knowledge Market to move the company forward by acquiring novel technologies from top tier global research labs,'' stated Jack Ehrenhaus, President of Consumers Financial Corporation.
About Consumers Financial Corporation: Consumers Financial Corporation is a diversified merchant banking and services company, which is focused on identifying and assessing the value of a variety of strategically positioned up-and-coming companies that are engaged in markets where significant growth and profits can be obtained.
Consumers successfully completed its first acquisition of a majority stake in GS Woodmere Group, Inc. (GSW), a premier New York based medical billing and collection firm with annual medical billing in excess of $15,000,000 per annum. GSW has increased top line revenue growth at greater than 20% in each of the last 4 years.
Safe Harbor This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact: Consumers Financial Corporation Investor Relations: Jack Ehrenhaus (516) 792-0900
Some very interesting products come out of these places:
National Aeronautics and Space Administration (NASA), Ames Research Center, Jet Propulsion Lab (JPL), National Institutes of Health (NIH), Berkeley National Lab, Los Alamos National Laboratory, Lawrence Livermore National Laboratory, Oak Ridge National Laboratory, Stanford University, UCLA, Harvard University, Massachusetts Institute of Technology, Oxford University, Cambridge University, Tokyo University, various corporate research labs and from individual inventors...
Consumers Financial Corporation Looks to Enter Billion Dollar Medical Application Industry With Patented Technology Friday January 12, 10:00 am ET
CEDARHURST, N.Y., Jan. 12, 2007 (PRIME NEWSWIRE) -- As previously reported in July of 2006, Consumers Financial Corporation (Other OTC:CFCJ.PK - News) and Knowledge Market, Inc. entered into a mutual agreement whereby Knowledge Market, Inc. identifies R&D projects from MIT, Harvard, Lawrence Livermore National Laboratory, University of Florida,Cambridge University (UK), Stanford University, NEC, NASA, University of California, Los Alamos National Laboratory and presents to Consumers Financial Corporation. Consumers Financial Corporation working in tangent with Knowledge Market has highlighted the first project.
A brief description of the technology is given below.
Optical Probe For Medical Applications
Researchers have developed a new, minimally invasive diagnostic Optical Probe that can instantly identify abnormal tissue, including cancerous tissue. The Optical Probe removes no tissue and is expected to achieve accuracy levels comparable to surgical biopsies in detecting cancerous cells. The optical probe assembly consists of control unit containing a laser unit, detectors, and control circuitry. Optical fibers emerge from the unit and these optical fibers transmit light to and from the tissue through a needle probe. This needle probe is smaller than the needle used in routine blood tests. The optical probe assembly also includes a reference optical fiber as part of the fiber optics, which improves the accuracy of the unit by accounting for optical source variations and changes in the fiber optic transmission efficiencies. The successful deployment of this optical probe could provide a new, minimally invasive diagnostic tool that could instantly detect cancerous tissue, which would result in a reduction in the amount of unnecessary biopsies and surgeries. Medical professionals estimate this would have the potential to save the U.S. healthcare system over $2 billion annually. This device is protected by one U.S. Patent.
Consumers Financial Corporation in conjunction with Knowledge Market and the developing institution look to source, acquire, develop and commercialize this technology as the already enormous market keeps rapidly expanding.
About Consumers Financial Corporation
Consumers Financial Corporation is a diversified merchant banking and financial services company dedicated to finding and assessing the value of micro-cap companies strategically located in markets where significant growth and profits can be obtained. CFCJ targets companies where management is exceptional, products are proprietary, techniques, software or technology provide some measure of exclusivity, where margins are above average and where these companies can benefit from CFCJ's financial assistance either though equity or credit facilities. CFCJ has extensive experience structuring and negotiating transactions to meet clients' strategic and financial objectives, providing a broad array of services focusing on strategic consulting and financing. CFCJ helps to solve long-term strategic issues for a limited number of clients and every assignment is considered very important. CFCJ's Corporate Advisory Services provide clients with confidential, objective, profit rearing valuable insight and assistance in financing to institutionally credible qualifying micro-cap corporations on how to use their money to add strength and profitability to their existing business. CFCJ also provides Restructuring and Reorganization advice to create a solid management core which possesses strong, supportive, professional management teams with congruent goals. CFCJ's success in pursuing those goals is reflected in the firm's outstanding reputation. We pride ourselves on our close client-based relations by maintaining the highest levels of professionalism and integrity, and senior-level attention to clients and relationships. CFC knows that, in a world riddled with conflicts of interest, there is great need for our vast financial knowledge, expertise and years of experience that allows us to provide entirely objective advice and counsel without any pressure from alternative agendas.
About Knowledge Market
Knowledge Market (KM) is a Silicon Valley-based provider of technology commercialization products & services. KM provides technology transfer, financing, and business development services to its portfolio & client companies. KM's primary business activity is to source commercially relevant technologies from leading government, university and private research labs, and transfer such technologies to public companies in need of new technology to improve upon existing product or service offerings or otherwise strengthen their market positioning.
Contact: Consumers Financial Corporation Jack Ehrenhaus, President, Chairman (516) 792-0900 http://www.consumersfc.com Cedarhurst, New York