New York Mortgage Trust Inc. (Nasdaq:NYMT) a commercial real estate finance company that originates CMBS loans, announced the addition of a mezzanine financing product to its CMBS origination program.
The mezzanine financing capability is made possible through a strategic relationship with New York Mortgage Trust, Inc.
Bridger's CMBS-Mezzanine combined financing program adds value for clients by providing the extra proceeds they need to make transactions work as the CMBS market recovers," said Steve Mumma, Co-CEO of Bridger Commercial Funding. Mr. Mumma also serves as CEO and President of NYMT.
New York Mortgage Trust, Inc., together with its subsidiaries, operates as a real estate investment trust in the United States.
American Video Teleconferencing Corp. Signs Option Agreement
American Video Teleconferencing Corp. (Pink Sheets:AVOT) “the company”, is pleased to announce that it has signed an option agreement for three gold bearing claim blocks situated in the northern mining district of Saskatchewan, Canada.
Geared-up mining operations and expanded manufacturing schedules in Africa, Australia, Canada, Malaysia, the US, Vietnam and elsewhere, may well provide supply-chain choices to China, which controls well over 95 % of the world’s rare earths.
The U.S. House of Representatives, fearful the U.S. military could possibly become relying on Chinese-made electronics, approved H.R. 6160, the Rare Earths and Critical Materials Revitalization Act of 2010
Assays taken in 2008 on selected samples returned repeatable high grade gold values of 7gms/ton (.25oz) to 112.9gms/ton (3.99oz/ton).
The project is 1385 hectares in area and covers several documented nickel-copper and gold showings and land in proximity to lake sediment geochemical and biogeochemical anomalies.
Access to the project is currently by float or ski equipped aircraft or by helicopter to Stony Rapids which is accessible by commercial aircraft from the major cities of Saskatoon or Regina in southern Saskatchewan.
The expenditures for the 2010-2011 work program will be paid by the property owners due to an arrangement reached in the option agreement with the issuance of 1.2 million restricted shares (144).
Complete Genomics, Inc. (Nasdaq:GNOM) announced its unaudited financial results for the quarter ended September 30, 2010. These results were previously summarized in the prospectus relating to the Company's initial public offering, which closed on November 16, 2010.
Revenue in the third quarter of 2010 was $4.2 million, compared to no revenue during the third quarter of 2009. Operating expenses for the quarter were $14.9 million, compared to $8.6 million for the third quarter of 2009.
Expense growth reflects the first complete quarter of production in our sequencing facility and expansion of our sales and customer support organizations to drive commercialization of our sequencing services.
Crown Equity Holdings Inc. (OTCBB:CRWE) (http://www.crownequityholdings.com) announced today that its subsidiary company, Crown Tele Services Inc. (http://www.crownteleservices.com ) is still moving forward after dissolving its joint venture with Communication Expert Corporation and will gradually start rolling out its internet based voice and video service IP-PBX solutions next year.
The cornerstone of Crown Tele Services Inc. strategy is to meet the highest standards when it comes to delivering VoIP (Voice over Internet Protocol) communication solutions specifically designed to meet the market needs.
Commenting on the venture, Kenneth Bosket, president said, “We are still excited with this opportunity to expand our footprint in this valuable market. The demand for internet-based voice and video services is growing exponentially and our new subsidiary Crown Tele Services Inc. has launched its new website and intends to emerge as a service provider of choice.”
According to ABI Research, the latest global business VoIP services forecasts show that the value of the overall market, which includes VoIP integrated access, SIP trunking, hosted IP-PBX/IP Centrex and managed IP-PBX services, is set to double over the next five years, to exceed $20 billion by 2015.
Crown Equity Holdings Inc. (OTCBB:CRWE) 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. The Company 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 the Company.
“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 and 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. is extending its internet footprint internationally to include the following countries; Argentina, Brazil, Canada, China, France, Germany, Hong Kong, India, Indonesia, Italy, Japan, Korea, Malaysia, Mexico, New Zealand, Pakistan, Russia, Singapore, Spain, South Africa, Taiwan, United Arab Emirates and United Kingdom.
Radvision Ltd. (Nasdaq:RVSN) a leading technology and end-to-end solution provider for unified visual communications including video network infrastructure, developer tools and high definition (NYSE:HD) room, desktop and mobile video conferencing systems, announced that it has been selected by industry analyst Frost & Sullivan for the Frost & Sullivan China Best Practice Award – 2010 Excellence in Video Technology Innovation of the Year in recognition of the Company’s “remarkable efforts and innovative contribution in the video technology field.”
RADVISION Ltd. engages in the design, development, and supply of products and technologies for videoconferencing and video telephony, as well as for converged voice, video, and data over Internet Protocol (NYSE:IP) and 3G networks.
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Crown Equity Holdings Inc. (OTCPK:CRWE) has received from the company 2,000,000 shares of (144) restricted common stock of American Video Teleconferencing Corp. (OTCPK:AVOT) for 12 months IR Services and 1,000,000 shares of (144) restricted common stock for its IT services.