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MJS.V, ERTS, KVHI, HOFT, SAVW - Stock Reports! from CRWEfinance.com

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Electronic Arts Inc. (Nasdaq:ERTS) announced this week that Eric Brown, Chief Financial Officer, will present at the UBS Annual Global Media and Communications Conference on Tuesday, December 7, 2010 in New York City. During the course of this event, Electronic Arts may disclose material developments affecting its business and/or financial performance. Listeners may access the presentation via a live audio webcast.

Electronic Arts Inc. develops markets, publishes, and distributes video game software and content. The company’s games include a range of categories, including action-adventure, casual, sports, family, fantasy, racing, music, massively-multiplayer online role-playing, simulation, and strategy. Its portfolio of properties includes various brands, such as Need for Speed, The Sims, Spore, Dead Space, Mass Effect, and Battlefield; and EA SPORTS Active, Dragon Age, Origins, and Dante’s Inferno.

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http://pennyomega.com/img/mjs.jpg  Majestic Gold Corp. (TSX.V:MJS)

Majestic Gold Corp. 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.

Project Highlights:

  • 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

To learn more about Majestic visit:  http://www.majesticgold.net

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KVH Industries Inc. (Nasdaq:KVHI) recently announced that they have more than doubled the network's bandwidth capacity in the North Atlantic to ensure outstanding performance, reliable connections, and affordable airtime service to a rapidly increasing customer base."Since its launch in late 2007, KVH's mini-VSAT Broadband network has grown steadily and is now a leading choice for satellite communications, particularly among commercial operators. In keeping with KVH's commitment to customer satisfaction, we will continue to invest in the network to support our growing customer base," explains Brent C. Bruun, KVH's vice president for sales and business development.

KVH Industries, Inc. develops, manufactures, and markets mobile communication products for the marine, land mobile and in-flight markets, as well as navigation, guidance, and stabilization products for the defense and commercial markets primarily in North America and Europe. Its mobile communications products and airtime services include TracVision and TracPhone systems, and mini-VSAT broadband airtime, which enable customers to receive live digital television, telephone, and Internet services in their marine vessels, recreational vehicles, automobiles, and commercial airplanes through satellite services.

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http://pennyomega.com/img/savw.jpg SavWatt USA, Inc. (OTC:SAVW)

SavWatt USA, Inc., pioneers in LED lighting and the Green revolution, recently announced that their first product has been approved and received Lighting Facts Certification by the U.S. Department of Energy. As innovative LED lighting products emerge, the facts about LED lighting performance must hit the market with equal speed. Clear labeling on lighting performance is the critical link between innovation and successful market introduction. Lighting Facts showcases LED luminaire manufacturers who commit to testing products and reporting performance results according to industry standards. For lighting buyers, designers, and energy efficiency programs, the Lighting Facts label provides information essential to evaluating products and identifying the best options.

Michael Haug, CEO of SAVW, commented, "This is a proud and exciting moment for SavWatt, having Lighting Facts certification means we are one of the few companies that meet the U.S. Department of Energy standards. This endorsement means SavWatt's Brand has the quality and performance American consumers demand."

SavWatt is leading the LED lighting revolution and setting the stage to obsolete the incandescent light bulb through the use of energy-efficient, environmentally friendly LED lighting. SAVW is a market-leading innovator of LED lighting. SAVW's product families include LED fixtures, bulbs, Street Lights and Parking Lights.

To learn more about SAVW visit:  http://www.savwatt.com

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Hooker Furniture Corp. (Nasdaq:HOFT) announced on Monday that it will present its fiscal third quarter 2011 earnings results via teleconference and live internet web cast on Wednesday morning, December 8, at 9:00 AM Eastern Standard Time.

Hooker Furniture Corporation, together with its subsidiaries, designs, imports, develops, and markets residential wood, metal, and upholstered furniture products in North America. The company offers wood furniture products, including home entertainment, home office, accent, dining, bedroom, and bath furniture under the Hooker Furniture brand; and youth furniture under the Opus Designs by Hooker brand. It also offers motion and stationary leather furniture, and occasional chairs.

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