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  • Weekend Report For CRWEPicks.com 0 comments
    Oct 17, 2010 12:50 PM | about stocks: CMTL
    Crown Equity Holdings Inc. (OTC BB: CRWE.OB)

    Crown Equity Holdings Inc. announces 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.

    “Based on our sales to date, we had more than 4 times the sales for the same period last year and are 34% ahead of last year’s total sales,” commented Kenneth Bosket, President and CEO of Crown Equity Holdings Inc. “Our growth in sales along with our investments in infrastructure and people give the company a basis for supporting future growth of the magnitude we have seen so far this year,” stated Bosket.

    Crown Equity Holdings Inc. has expanded its internet footprint internationally to include the following 19 countries: Argentina, Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Korea, Mexico, New Zealand, Singapore, Spain, Taiwan and the UK.

     

    Crown Equity Holdings, Inc. 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 we recently hired in Pakistan.

    (Source: CLICK HERE)

     

    Recently, The U.S. Navy has awarded Northrop Grumman Corporation (NYSE:NOC) a $120 million contract to conduct technology development for the Air and Missile Defense Radar (AMDR).

    A next generation radar system planned for the Navy’s Future Surface Combatant, AMDR is designed as a scalable, multi-mission radar system. AMDR is comprised of an X-band and an S-band radar along with a radar suite controller and is intended to provide unprecedented situational awareness to easily detect, track and engage ballistic missiles in high clutter environments.

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    Comtech Telecommunications Corp. (Nasdaq:CMTL) announced recently that its Santa Clara, California-based subsidiary, Comtech Xicom Technology, Inc., received an order valued in excess of $2.5M for state-of-the-art 500W Ka-band high power amplifiers supporting the emerging high-throughput satellite market.

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    Legacy Reserves LP (Nasdaq:LGCY) recently reported that its bank group has completed its semi-annual redetermination of the borrowing base applicable to LGCY’s revolving credit facility.

    BNP Paribas, LGCY’s Agent Bank, has notified Legacy that it has received approval from the additional members of the bank group to maintain LGCY’s borrowing base at $410 million.

    The next borrowing base review is scheduled for April 1, 2011. LGCY’s borrowing capacity under its credit facility is currently $120 million.

     

     

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    THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

    Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment.The CRWEPicks.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer ( crwepicks.com/disclaimer ) is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWEPicks.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. ( read more ) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (OTCQB:CRWE) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (OTCQB:CRWE), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (OTCQB:CRWE) advertises for a particular client, Crown Equity Holdings Inc. (OTCQB:CRWE) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (OTCQB:CRWE), if paid in stock, can and may sell those securities during the advertising period.
    Stocks: CMTL
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