Blood Testing for Dummies

Wellspring Clinical Lab, Inc. is a clinical diagnostic company using breakthrough technology to provide over 100 clinical diagnostic measurements from a few drops of blood for about a $35 cost to the customer- as opposed to $200 currently being paid for the same service on other labs. The price will include online, interactive, multimedia sessions of 20-30 minutes customized to the health of each consumer. This will motivate consumers to make healthier choices, have better communication with physicians, and a better understanding of their current health status before or after they visit a doctor’s office. (read more)

25 Stock Picks from 25 Great Investors

We talked to money managers with gold-standard track records and asked them each for their single best stock pick. (read more)

Bonds: Avoid the next great bubble

Money Magazine) — As manias go, this one is different. Your neighbors aren’t coming up to you at cocktail parties bragging about making a killing in bonds. No one is flipping fixed income for quick profit. And no talk-radio guru is shouting that bonds will be the only investment left standing after the next financial Armageddon.

Don’t let the lack of fanfare fool you. A projected $380 billion will pour into bond funds this year, more than went into domestic stock funds in the past decade. That’s on top of a record $376 billion last year. (read more)

The Money behind smart tech

Adam Grosser with Warren Weiss

FORTUNE — Adam Grosser has what some might call a weird obsessionwith golden orb spiders. He totes around drawings of them on his MacBook Pro. He travels near and far to meet experts who have studied their ways. He joyously cites the unusual characteristics of the golden silk they weave. “It’s three times stronger than steel,” says Grosser, a venture capitalist in Silicon Valley, “and better able to repel water than existing synthetics.” So what’s the entrepreneurial opportunity? He’s not quite sure, but he’ll let you know when he figures it out.

Such whimsy is the norm these days at Foundation Capital, where Grosser is a partner. And why not? Foundation is spinning solid returns on its investments. At a time when venture performance has soured and institutional investors have lost confidence in the onetime masters of the universe, Foundation has the hot hand of the moment. Patient stakes in startups such as networking-gear maker Calix (CALX) and retirement fund administrator Financial Engines (FNGN) have resulted in recent IPOs, a rare occurrence since the onset of the financial crisis. (read more)

         As many of you know, one of the many business deals I’ve been following is the Wellspring Clinical Lab Inc deal. Thanks to breakthrough technology, the hundreds of blood tests which currently cost $200 in a doctor’s office will soon be available to the consumer for the cost of about $35 in the comfort of their own home.

This deal was recently published in a magazine (The Elevator) which specifically targets investors and features a variety of business deals from all around the globe.

Summer 2010 Issue

“The Elevator… probably the world’s only investment magazine that combines accessible private equity deals with luxury features and philanthropy. The Elevator holds a well of opportunity in business and leisure.”

Featured in this magazine’s summer issue is Wellspring Clinical Lab’s breakthrough in blood testing technology, guaranteed to make a splash in the world of healthcare and medicine.

The Elevator magazine is a modern, international financial publication featuring private equity opportunities from throughout the globe. The magazine focuses on forward-looking industries, including consumer Internet, software, hardware, clean-tech, bio-tech and health care.

Catering specifically to investors, The Elevator is distributed in print form throughout the United States, United Kingdom, Germany and Switzerland. It is also available in electronic form to anyone with Internet access.

This degree of publicity indicates Wellspring has reached a new level of popularity. I believe they are still seeking funding at this point and this is a great way to put money into something which is poised for growth and great returns, unlike the currently volatile stock market.

 (Reuters) – BP’s shares rose on Friday on hopes that it has at last capped the ruptured subsea well that has been spewing oil into the Gulf of Mexico for the past three months and can now begin the clean-up.  

BP finally choked off the leak on Thursday, the first time it has managed to cap the flow since the blowout on April 20 which has caused the worst offshore oil spill in U.S. history and an environmental disaster for the U.S. Gulf coast region.

Investors welcomed the news that the leak has been capped but remained cautious since BP needs to complete 48 hours of tests on whether the well will remain intact after a new tight-sealing containment cap was installed on the mile-deep subsea wellhead three days earlier.

Estimates vary widely of BP’s total costs, which will run on for many years as lawsuits wind their way through courts.

Three analysts surveyed by Reuters Insider television forecast BP will spend between $63 billion to $100 billion over the next 15 years in fines, cleanup costs and legal costs while analyst Peter Hutton at NCB Securities in London pegs total costs at $40 billion.

“It’s relief all around to see that (undersea) camera with no oil coming out,” said Hutton. “But people recognize that they’re not completely out of the woods.”

BP’s shares in London bounced to a six-week high, gaining 4 percent to 417 pence at 1237 GMT after the U.S. shares closed up 7.6 percent on Thursday.

The battered shares more than halved in value during the first two months of the crisis, but have bounced by more than 40 percent since touching a low in late June. About $65 billion has been wiped off BP’s market value since the rig explosion that killed 11 workers in April.


Investors also welcomed reports that BP was moving closer to sealing the first deal in its planned $10 billion of non-core divestments to help pay for clean-up costs.

The company and bankers were finalizing details of the sales of assets, including some U.S. interests to Apache Corp, said CNBC and the Financial Times.

The good news about halting the flow of oil into the Gulf was tempered by concern about BP’s future in the United States.

The U.S. Senate Foreign Relations Committee said it had scheduled a hearing on July 29 into BP’s actions in connection with last year’s release of a Libyan convicted for the 1988 bombing of an airliner over Lockerbie.

BP also faced new measures in the U.S. Congress. Lawmakers are considering a range of new rules that could require tougher safety regulations on offshore drilling or bar companies like BP from new offshore exploration leases.


BP, which has failed several times in its efforts to end the leak, managed to stop the flow of oil as it conducted a test in which it closed valves and vents on the containment cap.

“I think that it is a positive sign,” said U.S. President Barack Obama, whose public approval ratings fell as the oil spill crisis dragged on. He cautioned that “we’re still in the testing phase.”

“The well test is continuing. It’s going to be reviewed every six hours and the decisions with the government authorities will be taken at each of those six-hour stages to see whether we’re pleased with the results,” BP spokesman in London Robert Wine said on Friday morning.

The test, which could last up to 48 hours, gauges pressure in the well to assess its condition. Officials said the test would show whether the cap can safely shut off the flow from the well if oil-capture vessels at the surface must disconnect, for example in the event of a hurricane.

“We’re encouraged by this development, but this isn’t over,” said retired Coast Guard Admiral Thad Allen, the U.S. government’s point man on the spill.

The Coast Guard said BP is likely to release the flow of oil again after the test is done — siphoning it to ships on the ocean surface in an improved system able to handle up to 80,000 barrels a day until it can seal the well permanently.

That should be more than enough to capture the whole well output, as estimates put the spill rate at between 35,000 barrels (1.47 million gallons/5.56 million liters) and 60,000 barrels (2.5 million gallons/9.5 million liters) a day.

The British energy giant still expects to complete drilling a new well by early August to intersect the ruptured well — which extends 2.5 miles under the seabed — and seal it with mud and cement.

The leak has soiled hundreds of miles (km) of shoreline, shut down about a third of Gulf fisheries and hurt tourism and fishing in all five U.S. Gulf states. It has also created problems for Obama as the government works to respond to the crisis while area residents struggle financially.

The news that BP had at last stopped the leak gave fresh hope to battered coastal communities.

“I tell you what, we needed that,” said Jimmy Thibodaux, a resident of the small southern Louisiana town of Cut Off. (Additional reporting by Chris Baltimore in Houston and Alexandria Sage in Cut Off, Louisiana; Writing by Eric Onstad and Ed Stoddard; Editing by Will Dunham, Greg Mahlich)

Ladies and Gentleman, if you’ve been waiting for the time to buy BP’s stocks, wait no longer. Soon this opportunity to buy with 8% increases daily will be gone

10 Attitudes of Successful Workers

Why do some people seem to reach the top of the corporate ladder easily, while others remain stuck on the middle-management rung? You might think that it is just because those people have more of what it takes to succeed, like brains, talent and powerful people in their corner. But there is something else that is just as important: attitude.

Dr. Martin Seligman, an authority on optimism, discovered that attitude was a better predictor of success than I.Q., education and most other factors. He found that positive people stay healthier, have better relationships and go further in their careers. And he even found that positive people make more money.

Anyone can adopt the right attitude. No matter where you are from or how much innate talent you have, the right attitude can make a difference in your career. Try adopting these 10 attitudes of successful workers:

1. I am in charge of my destiny.
If you spend your entire career waiting for something exciting to come to you, you will be waiting a long time. Successful professionals go out and make good things happen. So commit yourself to thinking about your career in an entirely different way. You will make it to the top, and you are in charge of making it happen.

2. Anything is possible.
Think that there is no way you will ever be at the vice-president level? Then you definitely won’t. Remember: If you think you can’t, you probably won’t. Adopt the attitude of The Little Engine That Could — “I think I can.”

3. No task is too small to do well.
You never know when you are going to be noticed. That is one reason to take pride in your work — all of it. One public relations executive in Chicago said that her first task in the PR department of a ballet company was reorganizing the supply closet. She tackled the project with gusto and was immediately noticed for her hard work and attention to detail. Remember this the next time you feel like slacking because you are working on a menial task.

4. Everyone is a potential key contact.
While you do need to be aggressive in the workplace, you can also go far by being nice to those around you. Do you think it’s unimportant to establish a good rapport with your boss’s secretary? Well, just try getting your meeting squeezed onto the schedule when you really need it. Be courteous to those around you — you never know when your past contacts will play a role in your future.

5. I was made to do this job… and the one above me.
If you spend your days feeling like you are not cut out to do the work you are responsible for, your performance will suffer. Your job may not be the perfect fit, but successful workers act like they are in their dream job, no matter where they are.

6. It’s not just what I know, but who I know.

Successful workers understand the importance of networking, both in and out of the office. You need to proactively establish professional contacts. Invite a colleague out to lunch. Go to the after-work happy hour. Join your professional association. Do your part to establish a networking path for your future.

7. What else can I do?

Since you are in charge of your destiny, it’s your job to look for ways to improve your professional self. Volunteer to take on an extra project. Learn a new skill that will make you more marketable. Stay late to help your co-workers. Successful workers don’t just complete the job and sign out — they look for additional ways to make their mark.

8. Failure will help pave the way to my success.
While it seems like some people never experience setbacks, the truth is everyone fails from time to time. The difference between successful and unsuccessful people is how they deal with failure. Those who find success are the ones who learn from mistakes and move on.

9. I am my own biggest fan.
Have you been waiting for someone in the office to recognize your talents and efforts? Maybe it’s time you start tooting your own horn. Step up and talk about your accomplishments and what you have done for the company. Successful workers know how to point out their achievements without sounding boastful.

10. My opportunity monitor is never turned off.
Yes, there will be days when you will want to just be happy with the status quo. But remember that successful workers are always on the lookout for opportunities to improve. Keep your eyes, ears and your mind open to new opportunities — you never know when you will discover the one that will change the course of your career!