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NUVA, QEP, SRZ, CRWE, AVOT - Companies Diversifying To Stay Alive

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Crown Equity Holdings Inc. (OTCBB:CRWE) is pleased to report 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. Crown Equity Holdings Inc. 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 Crown Equity Holdings Inc.

Crown Equity Holdings Inc. is a consulting organization which provides and assists small business owners with the knowledge required in taking their company public, and has re-focused its primary vision with its aligned group of independent website divisions to providing media advertising services, as a worldwide online media advertising publisher, dedicated to the distribution of quality branding information, as well as search engine optimization for its clients. Crown Equity Holdings Inc. announced in June of this year its 1- 10 forward stock split.

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American Video Teleconferencing Corp. (PINK:AVOT) is pleased to release that American Video has hired a French speaking geologist to search the archives of the Quebec Department of Mines for Rare Earths showings not on a current computer file.

American Video believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. As neither the Federal nor Quebec Governments have carried out any air borne surveys in this area, American Video will seek a contractor to do an air borne Mag-EM radiometric survey. This survey will cover its present holdings and the immediate surrounding area looking for future acquisitions.

American Video is pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.

Presently American Video is in the final stage of negotiations with Kondor Gold Pyt. in Australia. American Video will aggressively continue to search world-wide for opportunities in Precious, Base and Rare Earths metal projects.

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QEP Resources (NYSE:QEP) provided capital budget, production, and EBITDA guidance for 2011. The company's guidance incorporates the commodity derivatives portfolio in place as detailed in the company's earnings release dated October 26, 2010. Other assumptions are summarized in the table below:

Guidance and Assumptions

2010

2011

 

QEP Resources continuing EBITDA ($MM)

$1,075-$1,125

$1,115-$1,230

 

QEP Resources capital investment ($MM)

$1,420

$1,200

 

QEP Energy capital investment ($MM)

$1,160

$1,050

 

QEP Field Services capital investment ($MM)

$260

$150

 

QEP Energy production (Bcfe)

225-227

258-265

 

NYMEX gas price per MMBtu(a)

$3.50-$4.25

$3.75-4.50

 

NYMEX crude oil price per bbl(a)

$75.00-$85.00

$75.00-$85.00

 

NYMEX/Rockies basis differential per MMBtu(a)

$0.40-$0.20

$0.60-$0.40

 

NYMEX/Midcontinent basis differential per MMBtu(a)

$0.30-$0.20

$0.40-$0.20

 
   

(a) For remainder of 2010 and full-year 2011 unhedged volumes

QEP Resources is a leading independent natural gas and oil exploration and production company with operations focused in the Rocky Mountain and Midcontinent regions of the United States.

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Sunrise Senior Living, Inc. (NYSE:SRZ) reported financial results and operating data for the third quarter of 2010. Sunrise reported revenues of $383.3 million in the third quarter of 2010 as compared to $361.5 million for the third quarter of 2009. Net income for the third quarter of 2010 was $18.7 million, or $0.33 per fully diluted share, as compared to net loss of ($44.4) million, or ($0.88) per fully diluted share, for the third quarter of 2009.

Sunrise Senior Living, Inc. provides senior living services in the United States, Canada, the United Kingdom, and Germany. It offers independent living services, which include housing, meals, transportation, activities, and housekeeping.

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NuVasive, Inc. (NASDAQ:NUVA), announced that Patrick F. Williams, Vice President of Finance and Investor Relations, is scheduled to present at the Maxim Group Growth Conference at The Grand Hyatt New York Hotel in New York, NY, on Thursday, November 18, 2010, at 10:00 a.m. ET.

A live webcast of the presentation will be available online from the investor relations page of the Company's corporate website at nuvasive.com. After the live webcast, the presentation will remain available on the website for 30 days.

NuVasive is a medical device company focused on the design, development, and marketing of products for the surgical treatment of spine disorders.

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