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MJS.V, CRWE, CNTF, WLDN, CNIT - Stock Reports! from CRWEfinance.com

Jan. 07, 2011 11:13 AM ET
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http://pennyomega.com/img/mjs.jpg  Majestic Gold Corp. (TSX.V:MJS)

Majestic Gold Corp. is pleased to announce the results of an updated resource estimate on its Song Jiagou Mine.

The most significant changes from the previous estimate are:

  • Increase in Indicated tonnes by 35.34% to 33,739,586 tonnes
  • Increase in Indicated contained gold by 24.09% to 1,244,211 ounces
  • Increase in Inferred tonnes by 37.96% to 38,812,054 tonnes
  • Increase in Inferred contained gold by 7.48% to 1,830,576 ounces

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. Majestic recently 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.

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

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Crown Equity Holdings Inc. (OTCPK:CRWE)

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.

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."

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

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China Techfaith Wireless Communication Technology Ltd. (Nasdaq:CNTF) announced that its subsidiary, 798 Entertainment will launch China's first Motion MMORPG game titled "Seven Swords" through 17Wee, its motion game publishing platform. The game is expected to commence closed beta testing in the first quarter of 2011, with a commercial launch to follow. Seven Swords is based in the early Qing Dynasty, deriving its story line and characters from the popular novel "Seven Swords Descend from Mount Heaven". Players will be able to experience true martial arts motion action in the game through the integration of 17Wee's motion controllers and motion phones.

China Techfaith Wireless Communication Technology Limited, together with its subsidiaries, operates as an original developed products provider that is focused on the original design and development of handsets, and sale of finished products in the People's Republic of China and internationally.

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Willdan Group, Inc. (Nasdaq:WLDN) announced to awarded a $1.4 million subcontract as the technical lead, with GTSI Corp. (“GTSI”) as the prime contractor, for providing public safety interoperable communications services to the 11 California counties that comprise the California Statewide Interoperability Executive Committee (“CALSIEC”) Southern Planning Area (“SPA”). Work will commence in the 3rd quarter of 2010 and will be completed by February 2011. Vic Thies, President and Chief Executive Officer of WHS stated, “This project is one of the largest communications interoperability planning projects being undertaken in the United States.

Willdan Group, Inc., together with its subsidiaries, provides outsourced services to small and mid-sized public agencies and large public utilities primarily in California and New York, as well as other parts of the United States.

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China Information Technology, Inc. (Nasdaq:CNIT) a leading total solutions provider of geographic information systems (GIS), digital public security technology (DPST) and digital hospital information systems (DHIS) in China, announced it has won a contract worth approximately $3 million with Shuohuang Railway Development Co., Ltd. (Shuohuang Railway) to contribute its sophisticated GIS systems to the Shuohuang Railway Geographic Information System (SR-GIS)The Shuohuang railway system is one of the main transportation channels for China's National West-to-East Coal Transfer project, and carries over 350 tonnes of coal annually across the country.

China Information Technology, Inc. specializes in Geographic Information System (GIS), digital public security, and hospital information systems in China.

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