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Crown Equity Holdings Inc. (OTCPK:CRWE)

Crown Equity Holdings Inc. announced recently 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.

The principle behind VoIP is simple. Calls are placed over the Internet instead of using dedicated voice lines to do the job. This is easy to understand once we realized that all information can be digitized and sent as a signal over a wire. In fact, this also happens with regular voice - your sound signals are encoded and sent over a wire. With the Internet, such things become easy and voice communication can happen in real time just as with a normal phone.

To learn more about CRWE visit: http://www.crownequityholdings.com

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Cubic Energy Inc. (AMEX:QBC) announced its Board of Directors increased the number of directors of the Company and appointed David B. Brown and Paul R. Ferretti to fill the vacancies created by such increase, in accordance with the provisions of the Company's bylaws. The newly appointed directors have been appointed to serve until the Company's next annual meeting of shareholders or until successors are elected and sworn.

Cubic Energy, Inc., an independent energy company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids primarily in Texas and Louisiana. The company?s Texas properties are located in Palo Pinto, Eastland, and Callahan Counties; and Louisiana properties are situated in Caddo Parish and in Desoto Parish.

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Enova Systems Inc. (AMEX:ENA) recently announced, a production company in an emerging industry and a leading developer of proprietary electric, hybrid and fuel cell digital power management systems, held its Annual Meeting at its offices in Torrance, California on Tuesday, December 7th.The meeting reiterated Enova’s previously disclosed 2009 results, as well as highlighted 2010 improvements, growth and execution including:Growth in Enova’s quarter-over-quarter positive gross margins;Reduced Inventory and strong cash management;Increases in customer volume and order book of approximately $6M as of September 30th anticipated for delivery to customers in Q4 2010 and the first quarter of 2011;Aggressive development with incremental customers and suppliers;Continued ISO Certification;Ongoing validation of Next Generation Omni System.

Enova Systems, Inc. develops, designs, and produces drive systems and related components in the United States, Asia, and Europe. It also develops power management and power conversion components for stationary distributed power generation systems. The company?s products are used for electric and hybrid electric buses, medium and heavy duty commercial vehicles, stationary power generation systems, train locomotives, transit buses, and industrial vehicles, as well as for light, medium, and heavy duty trucks.

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Vantage Drilling Company (AMEX:VTG) announced this month a contract award for a drilling program in Southeast Asia consisting of two wells plus an option well. The anticipated duration of the first two wells is fourteen months. The contract is anticipated to commence in the third quarter 2011 utilizing the Topaz Driller, or alternatively the Emerald Driller or Aquamarine Driller. The actual rig assignment will be based on the best suited availability to maintain continuous work throughout the fleet. The rig will receive project specific upgrades before transit to the initial well location. Estimated revenues to be generated over the initial term of the contract are approximately $77.9 million, including customer reimbursement of upgrade costs.

Vantage Drilling Company provides offshore contract drilling services to multinational oil and natural gas companies, government owned oil and natural gas companies, and independent oil and natural gas producers worldwide. It involves in contracting drilling units, related equipment, and work crews to drill oil and natural gas wells, as well as offers construction supervision services.

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