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American Video Teleconferencing Corp. (OTCPK:AVOT)
American Video Teleconferencing Corp. is pleased to announce that it 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. AVOT 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, AVOT 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. We are 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.
China has been one of the main supplier to the US of the Earth's rare mineral supplies, with these rare minerals American manufacturers are able to make high-tech products such as cell phones, wind turbines, and guided missiles, but all that might come to a screeching halt now that China has stopped supplying the material, the New York Times has reported.
In the wake of China's decision America now must look for other sources, that will be more reliable for our future needs, and AVOT may just be the new source, here's why.
AVOT believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. AVOT is currently looking for these Rare Earths Minerals in Canada, the US's Northern neighbor.
AVOT is seeking a contractor to do an air borne Mag-EM radiometric survey for its present holdings and the immediate surrounding area looking for future acquisitions. AVOT 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 AVOT is in the final stage of negotiations with Kondor Gold Pyt. in Australia.
Crown Equity Holdings Inc. (OTCPK:CRWE)
Crown Equity Holdings Inc. (OTCBB:CRWE) (http://www.crownequityholdings.com) just recently announced 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.
Crown Equity Holdings Inc. (OTCBB:CRWE) reported 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. The Company 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 the Company.
“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 and 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.
Crown Equity Holdings Inc. 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.
Royal Bancshares of Pennsylvania Inc. (Nasdaq:RBPAA) James J. McSwiggan, President and COO of Royal Bancshares of Pennsylvania, Inc. (NASDAQ:RBPAA), and Edward Shin, President and CEO of Royal Asian Bank, jointly announced that an ownership group led by Mr. Shin had completed the purchase of all of the outstanding common stock of Royal Asian Bank owned by Royal Bancshares of Pennsylvania, Inc. The sale was completed under an agreement signed in August 2010. Under the terms of the agreement, the purchase price for the stock was equal to the total shareholders' equity of Royal Asian Bank, determined in accordance with generally accepted accounting principles as of November 30, 2010, or approximately $12.3 million.
Royal Bancshares of Pennsylvania, Inc. operates as the bank holding company for Royal Bank America and Royal Asian Bank, which provide various banking services to individual and corporate customers primarily located in the United States. Its deposit products include demand deposits, money market deposits, savings and super NOW accounts, and time deposits.
Capstone Turbine Corp. (Nasdaq:CPST) said that less than a month after receiving a three megawatt order from a large independent oil and gas company, Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world's leading clean technology manufacturer of micro turbine energy systems, received a follow-on order from the same company for six more C1000 Power Packages. Capstone distributor Pumps & Service, which secured both orders from the same exploration and production company operating in the Eagle Ford Shale play in South Texas, expects the customer will continue to order additional C1000 microturbines in 2011. Today's announcement is the fifth order Pumps & Service has received in recent months from large oil and gas companies operating in significant shale reserves in the United States.
Capstone Turbine Corporation develops, manufactures, markets, and services turbine generator sets and related parts for use in stationary distributed power generation applications. Its stationary distributed power generation applications include cogeneration combined heat and power (CHP), integrated (CHP), resource recovery, and secure power, as well as combined cooling, heat, and power; and its products are used as battery charging generators for hybrid electric vehicle applications.
Cavico Corporation (Nasdaq:CAVO) announced that its subsidiary, Cavico Bridge and Tunnel, has broken through a second sub-tunnel at the A Luoi Hydropower project. Cavico excavated approximately 1.8 miles underground between two sub-tunnels The A Luoi Hydropower plant is built on the A Sap River, located in Thua Thien Hue Province in central Vietnam. The plant is owned by the Central Hydropower Joint Stock Co., a Vietnam-based company engaged in hydropower generation. The 170-megawatt capacity hydropower plant is expected to generate approximately 686 million kilowatt-hours of energy annually for the region.
Cavico Corp. provides construction and engineering services for civil construction infrastructure projects. It constructs tunnels, roads, highways, bridges, mines, and dams. The company also invests in hydropower electric plants, cement production plants, mining operations, and urban development’s in Vietnam and Laos.
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