Aeroflex Holding Corp. Common S (NYSE:ARX) announced earlier this month it has used additional proceeds from Holding’s recent initial public offering to purchase $26.0 million of its 11.75% Senior Subordinated Unsecured Term Loans at a purchase price of $1,110 for each $1,000 of principal amount of Term Loan, plus accrued interest.
Aeroflex Holding Corp., through its subsidiary, Aeroflex Incorporated, designs, engineers, manufactures, and sells microelectronics, and test solution and measurement equipment in the United States, Europe, the Middle East, Asia, and Australia. The company operates in two segments, Aeroflex Microelectronic Solutions and Aeroflex Test Solutions.
Crown Equity Holdings Inc. (OTCPK:CRWE)
Crown Equity Holdings Inc. 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. CRWE 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 CRWE .
"Our continued progress in operations including an operating profit of $7,251 during the last quarter shows a continued growth in our business," commented Kenneth Bosket, President & CEO of Crown Equity Holdings Inc. "Not only do our financial results show strong growth during this year but our continued investment in infrastructure will support our future growth," stated Bosket.
CRWE is extending its internet footprint internationally to include the following countries; Argentina, Brazil, Canada, China, France, Germany, Hong Kong, India, Indonesia, Italy, Japan, Korea, Malaysia, Mexico, New Zealand, Pakistan, Russia, Singapore, Spain, South Africa, Taiwan, United Arab Emirates and United Kingdom.
CRWE is a consulting organization which provides and assists small business owners with the knowledge required in taking their company public, and has re-focused CRWE's 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.
To learn more about CRWE visit: http://www.crownequityholdings.com
MVC Capital, Inc. (NYSE:MVC) announced financial results for its fiscal year ended October 31, 2010. The highlights of the fiscal 2010 performance include: positive liquidity events; an increase in the Company’s net assets resulting from operations; further improved net operating income; a consistent level of distributions paid to shareholders; significant progress with MVC Partners, LLC, including completion of a first close for a new private equity fund; near completion of the Company’s share repurchase program; a renewed credit facility; and a strong cash balance available to take advantage of investment opportunities.
MVC Capital, Inc. (MVC) is a private equity firm specializing in acquisition financing, management buyouts, leveraged buildups, corporate partnerships, PIPE transactions, going private transactions, private company recapitalizations, operational turnarounds, and growth and expansion capital transaction financing.
Orofino Gold Corp. is a China based gold producer with one producing gold mine in Colombia and an option on a strong portfolio of small producers and development/exploration assets in Colombia.
ORFG was founded as a private company in 2009 by former executives and management with over 50 years of combined mining exploration, finance and development experience.
ORFG's corporate objective is to continue to build shareholder value through the exploration and development of existing projects and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.
La Azul - Senderos de Oro Area
La Azul is one producing artesanal mine in the Senderos de Oro area controlled by ORFG, 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.
It has been interpreted (by Shaw 1993) that the metallogenic zonation around the La Azul workings evokes a very viable "hidden porphyry" exploration model. This interpretation and the prospectivity of the area have been confirmed by the Orofino "qualified person" as per the 43-101 rules.
ORFG will move ahead aggressively in the last quarter of 2010 to persue the current interpretations, work programs and drilling will begin soon.
To learn about ORFG visit: http://www.orofinogold.com
Eaton Vance Municipal Income Tr (NYSE:EOT) announced the earnings of the Trust for the three and six-month periods ended September 30, 2010. The Trust's fiscal year ends on March 31, 2011.For the three months ended September 30, 2010, the Trust had net investment income of $4,703,901 ($0.308 per common share). In comparison, for the three months ended September 30, 2009, the Trust had net investment income of $4,738,102 ($0.311 per common share). The Trust's net investment income for the period from the start of business, May 29, 2009, to September 30, 2009 was $5,686,231 ($0.382 per common share).
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