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CRWE.OB, LEI, TWO, & OCLR: Lucas Energy Announces Permitting of First Eagle Ford Well

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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)

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Lucas Energy, Inc. (AMEX: LEI)

Lucas Energy, Inc. an independent oil and gas company based in Houston, Texas, announced on September 24, 2010 that all of the Warrants to purchase 3,010,549 shares of the Company's common stock, granted in connection with the Company's 2007 private placement offering of securities, expired as of September 20, 2010. The Company now has no warrants outstanding associated with the 2007 private placement. The 2007 private placement Warrants had a strike price of $8.00 per share.

Lucas Energy, Inc. operates as an independent oil and gas company in Texas. It has interests in approximately 12,500 gross acres of oil and gas leases in South Texas, primarily in the Gonzales County and Wilson County, Texas. The company also holds oil and gas interests in the Austin Chalk formation, Buda formation, and Eagle Ford Shale formation. In addition, it operates 30 producing wells. The company is based in Houston, Texas.

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Two Harbors Investment Corp. (AMEX: TWO)

Two Harbors Investment Corp. declared on September 13, 2010 a quarterly dividend of $0.39 per share of common stock for the third quarter of 2010. This dividend is payable October 21, 2010 to common stockholders of record at the close of business on September 30, 2010.

Two Harbors Investment Corp. operates as a real estate investment trust that focuses on investing in, financing, and managing residential mortgage-backed securities (NASDAQ:RMBS) and related investments. Its target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage loans, or derivatives; non-agency RMBS collateralized by prime mortgage loans, Alt-A mortgage loans, and subprime mortgage loans; and non-real estate financial assets, including asset-backed securities and hedging transactions. PRCM Advisers, LLC operates as the manager and advisor of Two Harbors Investment Corp.

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Oclaro, Inc. (NasdaqGM: OCLR)

Oclaro, Inc. a tier-one provider of innovative optical communications and laser solutions, announced on September 28, 2010 that the opening of its new Design Center in Oro Valley, Ariz. (near Tucson) in what is commonly referred to as "Optics Valley." The new center will provide global customers with specialized diode laser packaging designs, leveraging the significant local optical expertise in the Tucson region, as well as the highly talented workforce that joined Oclaro as a result of the company's acquisition of the Newport Spectra Physics laser diode business in July 2009.

 

 

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