Seeking Alpha

Lynnai's  Instablog

Lynnai
Send Message
Welcome You’ve arrived here because of the huge potential gains to be had by investors trading OTC stocks. If you’d like to contact us for any reason please feel free and we will respond as soon as possible. Thanks
  • LMLP, PPWE, CGEN, CRWE, CBKN - Market Highlights and News From CRWEFinance.com 0 comments
    Feb 15, 2011 4:46 PM | about stocks: CGEN, CBJC

    crwefinancelogo2

     

    signup3m

     

     

    LML Payment Systems Inc. (Nasdaq:LMLP) a leading technology provider of financial payment solutions for e-commerce and traditional businesses, reports results for its third quarter and nine month period ended December 31, 2010. Revenue for the third quarter ended December 31, 2010 was $11,060,000, an increase of 133% over the $4,743,000 in revenue for the third quarter ended December 31, 2009. GAAP net income for the quarter was $2,119,000, or $0.08 per share, compared to a GAAP net loss of $396,000, or $(0.02) per share, for the third quarter ended December 31, 2009, an improvement of $2,515,000 or $0.10 per share. Cash provided by operating activities was $4,420,000 compared to $75,000 last year. Non-GAAP net income was $2,679,000, or $0.10 per share, compared to $87,000, or $0.00 per share, for the third quarter last year. Non-GAAP net income excludes stock-based compensation, depreciation and amortization, and other non-cash items. A reconciliation of GAAP to non-GAAP financial measures is attached. Revenue for the nine month period ended December 31, 2010 was $22,010,000, an increase of 96% from revenue of $11,230,000 for the nine month period ended December 31, 2009. GAAP net income for the same period was $3,019,000 or $0.11 per share, compared to GAAP net income of $59,000 or $0.00 per share, for the same period during fiscal 2009, an improvement of $2,960,000 or $0.11 per share.


    LML Payment Systems Inc. provides electronic payment, risk management, and authentication services primarily to businesses and organizations using the Internet to receive or send payments in Canada and the United States.

    _______________

    http://pennyomega.com/img/ppwe.png Proper Power & Energy, Inc. (OTC:PPWE)

    Proper Power & Energy, Inc. commented recently on a Wall Street Journal Article titled "Oil's Rise Is a Sticky Situation for Recovery". (Dated January 12, 2011 Section C). The article discussed the current environment of rising oil prices and its effect on consumers and the impending economic recovery. With oil prices at nearly $90 per barrel, consumers fear oil prices will return to their 2008 levels, when oil peaked over $145 per barrel. "A 2008 – style shock isn't a certainty, but an upward trend is clear. Goldman Sachs expects oil prices to average $100 a barrel this year….," the article is quoted as saying.

    PPWE has begun production on its Kentucky oil asset, in addition to the 11,000 acres leased for its exploratory prospect in Utah. The Utah prospect has the potential for over 75 wells. PPWE believes the Utah property holds very substantial recoverable reserves, indicated through seismic and radiometric analysis.

    "The Company will benefit from these rising prices as it produces its Kentucky oil asset while creating the strategy for our exploration prospect in Utah," stated President of American Resources, Andrew J. Kacic. American Resources is a wholly owned subsidiary of PPWE.

    "Having met with Mr. Dunbar, and through verifying the Company's data with industry relationships, I believe Utah is a viable exploratory prospect," stated Douglas Kiggins, PPWE Advisor. "In further due diligence, the Anshultz Ranch field, located southwest from the Proper Power prospect, has produced One Billion B.O.E. (Barrels of Equivalent) to date, on the same geological structure as Proper Power's."

    Proper Power & Energy, Inc. is an independent exploration and production company. PPWE's operations are in Kentucky, which provides for low risk developmental drilling and production, and Utah, which PPWE controls over 11,000 acres for its exploratory prospect. Renowned geophysicist and consultant to PPWE, Robert Dunbar, believes the Utah prospect could hold up to one billion barrels of recoverable oil.

    To learn more about PPWE visit: http://properpower.com

    _______________

    Compugen Ltd. (Nasdaq:CGEN) today reported financial results for the fourth quarter and year-ending December 31, 2010. Current revenues result primarily from fees and milestones, our results are, and will continue to be, subject to substantial fluctuations due to timing. Revenues for the fourth quarter of 2010 were $190,000 compared with $25,000 for the comparable period of 2009, and revenues for calendar 2010 were $1.1 million compared with $250,000 for calendar 2009. The net loss for the most recent quarter was $2.0 million (including a non-cash expense of $343,000 related to stock based compensation), or $0.06 per share, compared with a net loss of $2.0 million (including a non-cash expense of $440,000 related to stock based compensation), or $0.07 per share, for the corresponding quarter of 2009. The net loss for calendar 2010 was $7.2 million (including a non-cash expense of $2.1 million related to stock based compensation), or $0.22 per share, compared with a net loss of $3.8 million (including a non-cash expense of $1.5 million related to stock based compensation), or $0.13 per share, for 2009.


    Compugen Ltd., an early stage drug and diagnostic discovery company, engages in the research, development, and commercialization of therapeutic peptides and proteins for cancer, cardiovascular, and immune-related diseases in the United States and Europe.

    _______________

    Crown Equity Holdings Inc. (OTCPK:CRWE)

    Crown Equity Holdings Inc. recently reported its financial results for the nine month period ending September 30, 2010. Revenue for the nine months totaled $1,073,383 compared to $418,959 during 2009. CRWE incurred an operating loss of $54,527 for the nine months ending September 30, 2010 compared to an operating loss of $36,923 during the same period in 2009. Net loss of $343,049 for the nine months ending September 30, 2010 compared to a net loss of $29,379 for the same period in 2009. The net loss in 2010 was attributed mostly to an unrealized loss of $307,544 on securities held by CRWE.

    "Our continued progress in operations including an operating profit of $7,251 during the last quarter shows a continued growth in our business," commented Kenneth Bosket, President & CEO of Crown Equity Holdings Inc. "Not only do our financial results show strong growth during this year but our continued investment in infrastructure will support our future growth," stated Bosket.

    Crown Equity Holdings Inc. announced in June of last year its 1- 10 forward stock split, as well as in August 2010 announcing that the company had surpassed One Million dollars (1,000,000) in sales (this compares to $232,510 for the three quarters ending September 30, 2009 and $659,907 total sales for the year 2009). CRWE is 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.

    To learn more about CRWE visit: http://www.crownequityholdings.com

    ________________

    Capital Bank Corporation (Nasdaq:CBKN) the parent company of Capital Bank, reported financial results for the fourth quarter and full year of 2010. Key items for the fourth quarter and full year of 2010 and a subsequent event from early 2011 include the following; On January 28, 2011, North American Financial Holdings, Inc. ("NAFH") completed its investment of approximately $181 million in the Company through the purchase of 71 million shares of the Company's common stock at $2.55 per share, resulting in NAFH owning approximately 85% of the Company's outstanding common stock and leaving the Company in a "well capitalized" position. Net loss to common shareholders was ($34.1) million, or ($2.59) per share, in the fourth quarter of 2010 compared with ($7.8) million, or ($0.68) per share, in the fourth quarter of 2009. In 2010, net loss to common shareholders was ($63.8) million, or ($4.98) per share, compared with ($9.2) million, or ($0.80) per share, in 2009. Net interest margin was 3.16% in the fourth quarter of 2010 compared with 3.48% in the third quarter of 2010 and 3.25% in the fourth quarter of 2009.


    Capital Bank Corporation operates as the holding company for Capital Bank that provides general commercial banking products and services in North Carolina.

    ___

    ********************************************************************

    http://crwefinance.com/img/crwefinance_new_buscard2.jpg

    Signup for FREE Daily Stock Alerts From CRWEFinance.com/signup

    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. CRWEFinance.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our 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 CRWEFinance.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 at http://crwefinance.com/disclaimer) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (OTCPK:CRWE) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (OTCPK: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. (OTCPK:CRWE) advertises for a particular client, Crown Equity Holdings Inc. (OTCPK: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. (OTCPK:CRWE) received 1,000,000 shares of free trading shares from a third party (Mohamad Nehmeh) for two (2) weeks of advertisement services for Proper Power & Energy, Inc. (OTC:PPWE).

Back To Lynnai's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.