CRWE is a consulting organization which provides and assists small business owners with the knowledge required in taking their company public, and has re-focused its primary vision with its aligned group of independent website divisions to providing media advertising services, as a worldwide online media advertising publisher, dedicated to the distribution of quality branding information, as well as search engine optimization for its clients.
CRWE�s proprietary network technology allows their publishing department to get their content to millions of readers daily across the world. CRWE publishes financial content to all the major countries and covers all the accredited stock exchanges.
CRWE recently reported that its sales this year have already surpassed $1,000,000. This compares to $232,510 for the three quarters ending September 30, 2009 and $ 659,907 total sales for the year 2009.
CRWE has increased its workforce to an amount of 35, compared to this time last year�s head count of 6, which is a 580% personnel increase. This is in addition to the 10 contractors the company recently hired in Pakistan.
CRWE has also expanded its Internet footprint internationally to include the following 20 countries; Argentina, Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Korea, Mexico, New Zealand, Singapore, Spain, Taiwan and the UK.
CRWE�s 5 Year Chart!
Crown Equity Holdings Inc. is a company utilizing today�s technology to advertise, promote and market public companies globally. CRWE�s proprietary network technology allows their publishing department to get their content to millions of readers daily across the world. CRWE publishes financial content to all the major countries and covers all the accredited stock exchanges.
Crown Equity Holdings Inc. is currently in the process of expanding its in-house IT infrastructure. Although their current web page load time is better than 75% of other internet websites, when completed, the modifications will raise this load time to better then 90% of other internet websites while increasing website visitor capacity by 400%.
http://www.crownequityholdings.com
__
MutualFirstFinancial, Inc. (Nasdaq: MFSF), the holding company of MutualBank (the “Bank”), announced recently that net income available for common shareholders for the second quarter ended June 30, 2010 was $1.3 million, or $.19 for basic and diluted earnings per common share.
This compared to net income available for common shareholders for the same period in 2009 of $864,000, or $.13 for basic and diluted earnings per common share. Annualized return on assets was .48% and return on average tangible common equity was 5.66% for the second quarter of 2010 compared to .25% and 3.82% respectively, for the same period of last year.
Net income available for common shareholders for the six months ended June 30, 2010 was $2.2 million, or $.32 for basic and diluted earnings per common share, consistent with the results from the same period in 2009. Annualized return on assets was .42% and return on average tangible common equity was 4.77% for the first half of 2010 compared to .44% and 4.85% respectively, for the same period of last year.
__
MV Oil Trust (NYSE: MVO) announced the Trust distribution of Net Profits for the second quarterly payment period ended June 30, 2010.
Unitholders of record on July 15, 2010 will receive a distribution amounting to $11,097,500 or $0.965 per unit payable July 23, 2010.
Volumes, price and Net Profits for the payment period were:
| Volume (BOE) | 241,873 | |
| Proceeds (BOE) | $85.67 | |
| Gross Proceeds | $20,721,027 | |
| Costs | $6,577,664 | |
| Net Profits | $14,143,363 | |
| Percentage applicable to Trust�s 80% | ||
| Net Profits Interest | $11,314,690 | |
| Gross Hedge Proceeds | $0 | |
| Percentage applicable to Trust 80% | ||
| Net Hedge Proceeds | $0 | |
| Total cash proceeds available for the Trust | $11,314,690 | |
| Provision for estimated Trust expenses | ($217,190) | |
| Net cash proceeds available for distribution | $11,097,500 |
This distribution includes amounts from collection of the SemCrude, L.P. / Eaglwing, L.P. payment for the twenty-day period prior to their bankruptcy in July, 2008 (�Twenty-Day Claims�) as MV Partners, LLC received payment of $5.6 million for such Twenty-Day Claims during the month of April 2010. The proceeds from the sale of oil volumes of MV Partners during June 2008 are still pending the outcome of the SemCrude bankruptcy proceedings.
__
MVC Capital, Inc. (NYSE: MVC), a publicly traded business development company that makes private equity and debt investments, recently announced its financial results for the third fiscal quarter ended July 31, 2010.
As of July 31, 2010, the Company’s net assets were approximately $417.2 million, or $17.35 per share, compared with net assets of approximately $434.7 million, or $17.89 per share, at the beginning of the quarter and $399.9 million, or $16.46 per share, at the end of the same period last year. During the quarter, the Valuation Committee, which is comprised of three independent directors, adjusted the fair values of six portfolio companies, resulting in a net decrease of approximately $18.0 million or $0.75 per share.
In arriving at these determinations and consistent with the Company’s valuation procedures and ASC 820, the Valuation Committee took into account a variety of factors, including the performance of the portfolio companies, the impact of changes in market multiples within certain sectors and fluctuations in currency valuations.
MVC is a business development company traded on the New York Stock Exchange that provides long-term debt and equity investment capital to fund growth, acquisitions and recapitalizations of companies in a variety of industries. For additional information about MVC, please visit the MVC’s website at www.mvccapital.com. For MVC’s investor relations, please call 914-510-9400. All media inquiries should be directed to Nathaniel Garnick at 212-687-8080.
__
No comments:
Post a Comment