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  • (COIN, CRBC, GRHU, LVLT) - Market Watch From DrStockPick.com. 0 comments
    Oct 29, 2010 10:54 AM

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    GreenHouse Holdings, Inc. (OTCQB:GRHU), a San Diego, California based integrated energy solutions provider and developer of eco-friendly infrastructure, announced the signing of multiple contract awards for its Life Protection (NYSE:LPI) Governmental Services Division, totaling $6 million. The recently acquired LPI subsidiary provides innovative training, support, design and construction of facilities and services to meet the needs of the U. S. Government, military, and law enforcement agencies.

    The governmental contracting entities include the U.S. Marine Corps School of Dynamic Entry in Quantico, VA and the U.S. Army Schofield Barracks Range Support in Honolulu, HI. The combined value of these contracts totals $1.5 million and includes GreenHouse's brand of Rapidly Assembled Portable Structures, (RAPS). In addition, to the governmental contracts, GreenHouse has signed contracts totaling $4.5 million for commercial projects, including a design-build contract for services ranging from project management and land planning to eco-friendly building products and services. GreenHouse expects the majority of the contracted work to be completed by year end 2010.

    Billy Jones, founder of LPI, and Vice President of Government Services for GreenHouse, commented, "Our Rapidly Assembled Portable Structures are vital for numerous governmental sectors that require the ability to provide immediate, safe, and effective shelter in a variety of terrains and climates. We are confident that our advanced portfolio of product offerings and long-held industry associations provide a competitive advantage within both the governmental and commercial market. We look forward to servicing our clients and gaining new customers as we continue to establish ourselves as a leader in the environmental energy solutions sector."

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    Level 3 Communications Inc. (Nasdaq:LVLT) announced solid third quarter 2010 results, highlighted by Core Network Services revenue growth, margin expansion and Consolidated Adjusted EBITDA growth. Consolidated revenue was $912 million for the third quarter 2010, compared to Consolidated revenue of $908 million for the second quarter 2010 and $916 million for the third quarter 2009. The net loss for the third quarter 2010 decreased to $163 million, or $0.10 per share, compared to a net loss of $169 million, or $0.10 per share, for the second quarter 2010. The net loss for the third quarter 2009 was $170 million, or $0.10 per share. Consolidated Adjusted EBITDA was $218 million in the third quarter 2010, compared to $209 million in the second quarter 2010 and $213 million in the third quarter 2009.

    Level 3 Communications, Inc. engages in the communications business in North America and Europe. It offers network and Internet services, including transport services, high speed Internet protocol services, dedicated Internet access, virtual private network services, and dark fiber services, as well as managed modem, an outsourced, turn-key infrastructure solution; and colocation services.

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    Citizens Republic Bancorp, Inc (Nasdaq:CRBC) announced on October 28, 2010 a net loss from continuing operations of $62.5 million for the three months ended September 30, 2010, compared with net losses of $44.5 million for the second quarter of 2010 and $57.4 million for the third quarter of 2009. After incorporating the $5.5 million accrued but unpaid dividend to the preferred shareholder, Citizens reported a net loss attributable to common shareholders of $67.9 million for the three months ended September 30, 2010, compared with $44.7 million for the second quarter of 2010 and $62.1 million for the third quarter of 2009, Results for the second quarter of 2010 and third quarter of 2009 included net income from discontinued operations of $5.2 million and $0.5 million, respectively. Diluted net loss from continuing operations per share was $0.17 for the three months ended September 30, 2010.

    Citizens Republic Bancorp, Inc. operates as the bank holding company for Citizens Bank and F&M Bank—Iowa, which provide banking and financial services to individuals and businesses in Michigan, Wisconsin, Ohio, Iowa, and Indiana.

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    Converted Organics Inc. (Nasdaq:COIN) announced on October 28, 2010 that TerraSphere Systems is strategically positioned to capitalize on California’s Proposition 19, also known as the Regulate, Control and Tax Cannabis Act of 2010, and the business opportunities related to the emerging medical marijuana industry. Co-Founder of TerraSphere, Nick Brusatore, after presenting at “The Marijuana Conference” this week in New York City, said, “TerraSphere will be in a leading position to benefit from the legalization in California or in the emerging medical marijuana industry. After speaking to thought leaders at the conference, I believe our technology could become the de facto standard in the anticipated legal marijuana growing business. Our patented technology and production expertise will allow us to mass produce marijuana in a controlled, reliable, safe and secure environment.

    Converted Organics Inc. manufactures all-natural fertilizer and soil amendment products combining disease suppression and nutrition characteristics from food waste and other raw materials.

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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. DrStockPick.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 DrStockPick.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://drstockpick.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), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (OTCPK:CRWE) has received ten thousand dollars in cash and anticipates another ten thousand dollars in cash from the company for 60 days of advertisement services for Green House Holdings, Inc. (GRHU). In addition to the cash, Crown Equity Holdings Inc. (OTCPK:CRWE) also anticipates receiving 20,000 shares of 144 restricted stocks from a third party.

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