SMART Modular Technologies (WWH) Inc (Nasdaq:SMOD) announced the availability of its innovative Guardian technology, a portfolio of unique intellectual property (NYSE:IP) for enterprise-class solid-state drives (SSDs).
SMART Modular Technologies (WWH), Inc. engages in the design, manufacture, and sale of electronic subsystem products and services to the electronics industry worldwide. Its subsystem products include memory modules; and embedded flash and solid state drives (SSDs).
Majestic Gold Corp. (MJS.V)
Majestic Gold Corp. engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.
Majestic Gold Corp. (MJS.V) has arranged a $10,000,000 loan to advance its Song Jiagou project in China. Nine million dollars ($9,000,000) from the proceeds from the loan will be used by the Company to in connection with its Song Jiagou project and the balance of one million dollars ($1,000,000) for general working capital purposes.
The loan will have a one year term and loan principal will be convertible at the option of the lender in whole or in part into common shares ("Shares") of the Company until twelve months from the date of the loan advance at the price of $0.205 per Share. The loan will bear interest at the rate of 7.5% per annum, payable on maturity, and accrued and unpaid interest will be convertible at the option of the lender in whole or in part into shares of the Company until twelve months from the date of the loan advance at Market Price at the time of conversion.
The lender is at arm's length from the Company and will not become an insider as a result of any conversion of principal and interest. All shares issued on any conversion of loan principal or interest will be subject to a four month hold period from the date of advance of loan proceeds. The loan is subject to acceptance by the TSX Venture Exchange.
As additional consideration for the loan, the Company has agreed to forward at least $9 million to Majestic Yantai Gold Ltd., a British Virgin Islands company owned 94% by the Company to be used to further advance its Song Jiagou project. The Borrower has also agreed to a 90 day period for reciprocal due diligence reviews and discussions for the possible further involvement of the Lender in the Song Jiagou project.
In the event that no further agreement is reached between the Lender and the Company during the 90 day period, then the loan and a minimum of seven (7) months interest will automatically convert to shares in the Company at a price of $0.205 per share and the interest at Market Price respectively. In addition the Company is pleased to announce that it has arranged a non-brokered private placement of up to 15,000,000 shares to be issued at the price of $0.20 per share for gross proceeds of $3,000,000.
The use of gold in electronics is based on the combination of its electrical conductivity, its ductility and its total freedom from corrosion or tarnishing at either high or low temperatures. Its near perfect corrosion resistance means gold provides an atomically clean metal surface which has an electrical contact resistance close to zero, while its high thermal conductivity ensures rapid dissipation of heat when gold is used for contacts.
For more information about company: http://www.majesticgold.net/homeabout.html
United Bancorp Inc. (Nasdaq:UBCP) reported net earnings of $1,490,000 for the six months ended June 30, 2011, compared to $1,384,000 for the six months ended June 30, 2010, an increase of 7.7%. On a per share basis, the Company's diluted earnings were $0.30 for the six months ended June 30, 2011, as compared to $0.28 for the six months ended June 30, 2010. For the three months ended June 30, 2011 the Company reported net earnings of $752,000, compared to $701,000 for the three months ended June 30, 2010, an increase of 7.3%. On a per share basis, the Company's three months diluted earnings were $0.15 for 2011, as compared to $0.14 for 2010, an increase of 7.1%.
United Bancorp, Inc. operates as the holding company for The Citizens Savings Bank that provides various commercial and retail banking products and services in the northeastern, eastern, southeastern, and south central Ohio.
Crown Equity Holdings Inc., (OTCPK:CRWE)
Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness. Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers.
Advertising online is one of the newest ways to market a product or a service. The Internet has a wide range of advertising choices for various advertising budgets. Unlike TV commercials and newspaper ads, an advertiser has the opportunity to know far more about who he is advertising to with an online ad, as well as how successful the ads are. Internet advertising is often far less expensive than other forms of advertising. Larger websites that reach millions of people charge a small fraction of the advertising costs that a TV show would charge to reach the same size audience.
Crown Equity's selection of CoreLink reflects recent diversification beyond CRWE's original charter as a provider of services and knowledge to small business owners taking their own companies public. In addition to these services, CRWE has transitioned into a multifaceted media organization that publishes clients' news online; sells advertising adjacent with its digital network targeted at a high-income audience; designs, hosts and maintains websites; produces marketing videos from concept to final product; crafts press releases and articles for maximum SEO; develops email campaigns; and forges branding campaigns to bolster client company images.
Crown Equity Holdings, Inc. announced that it has extended its CRWENEWSWIRE global platform web presence and is now publishing online news and information to the following countries: Argentina, Australia, Brazil, China, France, Germany, India, Ireland, Italy, Japan, Malaysia, Mexico, New Zealand, Russia, Singapore, South Africa, South Korea, Spain, Taiwan, United Arab Emirates and the United Kingdom, using their specific country code domain and native language.
For more information, visit http://www.crownequityholdings.com
IXYS Corp. (Nasdaq:IXYS) reported record revenues and backlog for the fiscal quarter ended June 30, 2011. Net revenues for the quarter ended June 30, 2011 were $101.8 million, up 5% sequentially from net sales of $96.8 million in the immediately preceding quarter, and up 20% from net revenues of $84.9 million in the prior year's first quarter. This marks the eighth consecutive quarter of revenue growth and the first time in the company's history that quarterly revenues exceeded the $100 million mark.
IXYS Corporation, an integrated semiconductor company, engages in the development, manufacture, and marketing of power semiconductors, advanced mixed signal integrated circuits (ICs), application specific integrated circuits (ASICs), and systems and radio frequency semiconductors.
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