Bank of the Ozarks, Inc. (Nasdaq:OZRK) announced that its wholly-owned bank subsidiary, Bank of the Ozarks, has entered into a purchase and assumption agreement including loss share arrangements with the Federal Deposit Insurance Corporation (“FDIC”) to purchase substantially all of the assets and to assume all of the deposits and certain other liabilities of Oglethorpe Bank of Brunswick, Georgia.
Bank of the Ozarks, Inc. is a bank holding company with $3.2 billion in total assets as of September 30, 2010 and trades on the NASDAQ Global Select Market under the symbol “OZRK.”
Majestic Gold Corp. (TSX.V:MJS) is a Vancouver-based; TSX Venture Exchange and Frankfurt Exchange listed gold exploration and development company with a very advanced gold deposit in Shandong province of China. On April 23, 2010, Majestic released an updated NI 43-101- compliant, indicated and inferred gold resource estimate on its Song Jiagou property. At present, Majestic is aggressively pursuing a pre-feasibility study.
A recently announced agreement will increase Majestic’s effective ownership from 54 to 94 % and has allowed the property to commence production at an initial rate of 1,400 tpd. With a contract that fixes operating costs and allows use of land and equipment, Majestic anticipates to have a positive cash flow, within a matter of months.
Song Jiaguo Project
The Song Jiaguo Property is located on the Jiaodong Peninsula in Muping County, the Shandong Province, the People’s Republic of China. The property lies on the western edge of the Muping-Fushan Gold Belt, which hosts 20% of the known gold deposits on the Jiaodong Peninsula. Gold production from the entire peninsula accounts for over 25% of China’s annual gold production, presently estimated to be 288 tonnes or 9.3 M ounces. Gold deposits in the belt are commonly controlled spatially by fault zones. To the south of the property, the Pengjiakuang Gold Deposit (>650,000 oz) occurs in the same structural environment within Cretaceous Laiyiang conglomerates which underlie the Song Jiaguo Property.
- Situated in a well-known Gold Belt
- Existing NI 43-101 Resource Estimate (2.5 M ounces)
- In production - 1,400 tpd operation
- Mill expansion program underway = an increase in production within six months
- Contract mining = low production cost
- Management with proven track record
- Excellent entry point = low market cap
Rovi Corporation (Nasdaq:ROVI) announced Rovi Media Cloud, a suite of entertainment web services that is designed to enable the rapid creation of innovative new products, services and applications for the connected consumer.
Rovi Media Cloud is a comprehensive set of entertainment focused web services that includes advertising, metadata, recommendations, search, media recognition, and user and device management capabilities.
With these services, consumer electronic (NYSE:CE) manufacturers, service providers (SPs), online, mobile and other application developers can quickly and easily differentiate their offerings with sophisticated capabilities that enhance the connected entertainment experience.
Rovi Corporation is focused on revolutionizing the digital entertainment landscape by delivering solutions that enable consumers to intuitively connect to new entertainment from many sources and locations.
Orofino Gold Corp. (ORFG.PK) is a US (Nevada) company established for the purpose of creating a significant exploration and mining group to operate in Colombia.
Orofino Gold Corp has several Gold development properties in Colombia, a current hot spot of gold production in the world markets. Orofino Gold is pleased to report that the Board Of Directors have appointed Mr. Ning Shi Long as Chairman of the Board and Executive Director. Mr. Ary Fernando Pernett Marque has been appointed as the new President/CEO & Executive Director of Orofino Gold Corp. Mr. Pernett will be responsible for all affairs of Orofino Gold in Colombia.
The new team will now aggressively pursue other known Gold occurrences in the companies Senderos de Oro Gold Camp while the development team works to improve production at La Azul Mine.
La Azul is one producing artesanal mine in the Senderos de Oro area controlled by Orofino, it is a mixed sequence of predominantly volcanic rocks with the vien systems comprised of high grade chalcopyrite, galena and sphalerite with pyrite in quartz viens.
Orofino Gold Corp. engages in acquisition, exploration, and development of gold properties in Mexico and Colombia. Orofino Gold has an option to acquire properties in the Sur de Bolivar Department of Colombia South America.
ProShares UltraPro QQQ (Nasdaq:TQQQ) a premier provider of alternative exchange traded funds (ETFs), announced the launch of the first Volatility ETFs. The ProShares VIX Short-Term Futures (NYSEARCA:VIXY) and VIX Mid-Term Futures (NYSEARCA:VIXM) ETFs provide exposure to equity market volatility by seeking to match the performance of their respective VIX futures indexes, before fees and expenses. Both ETFs will list today on NYSE Arca.
ProShares is a premier provider of alternative ETFs. The firm offers 114 ETFs with nearly $24 billion1 in assets. The ProShares lineup includes the world’s largest family of geared (leveraged and inverse) ETFs.2 ProShares is part of ProFunds Group, which was founded in 1997 and manages nearly $31 billion in mutual fund and ETF assets.
Sign-Up For Free Stock Alerts At http://crwepicks.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.The CRWEPicks.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer ( http://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 at http://crwepicks.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 twenty-five thousand dollars in cash from Majestic Gold Corp. TSX Venture Exchange (TSX.V:MJS) and the Frankfurt Stock Exchange (FSE:MJT) for 30 (thirty) days of advertising, as well as for assistance in becoming a fully reporting publicly trading Bulletin Board company.
Crown Equity Holdings Inc. (OTCPK:CRWE) has received 500,000 shares of 144 stock in Orofino Gold Corp. (PINK SHEETS: ORFG) valued at sixty five thousand dollars, and 500,000 shares of free trading shares valued at sixty five thousand dollars from a third party (QU CUI You) for 30 days advertising.