Crown Equity Holdings Inc. (OTCPK:CRWE)
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.
CRWE announces that it has launched its crwenewswire.fr website to provide news in France's native language. CRWE had previously launched its Germanwebsite crwenewswire.de and is launching CRWE's Canadian website crwenewswire.ca shortly.
"The new website is one step in many towards CRWE's goal of expanding its footprint internationally, " commented Kenneth Bosket, President and CEO of CRWE "Our goal for 2010 is to have all CRWE's clients' press releases, articles and news content published in every major financial country's native language, as well as within cities of every state of our country," stated Mr. Bosket.
In other CRWE news, CRWE announces that its sales this year have already surpassed $1,000,000. This compares to $232,510 for the three quarters ending September 30, 2009 and $ 659,907 total sales for the year 2009.
"Based on our sales to date, we had more than 4 times the sales for the same period last year and are 34% ahead of last year's total sales," commented Kenneth Bosket, President and CEO of CRWE. "Our growth in sales along with our investments in infrastructure and people give the company a basis for supporting future growth of the magnitude we have seen so far this year," stated Bosket.
CRWE has expanded its internet footprint internationally to include the following 19 countries: Argentina, Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Korea, Mexico, New Zealand, Singapore, Spain, Taiwan and the UK.
To learn more about CRWE visit: http://www.crownequityholdings.com
Libbey Inc. (Amex:LBY)
LBY announced recently that it closed its previously announced secondary offering of 4,400,001 shares of its common stock on behalf of Merrill Lynch PCG, Inc., the selling stockholder, at a price to the public of $10.25 per share. The total offering size reflects the underwriters' exercise of their option to purchase an additional 573,913 shares of common stock, on the same terms and conditions, to cover over-allotments. LBY did not sell any shares in the offering or receive any proceeds from the offering.
BofA Merrill Lynch acted as sole book-running manager of the equity offering. Stephens Inc. was co-manager for the offering.
LBY, together with its subsidiaries, engages in the design, manufacture, marketing, and supply of tableware products primarily in North America, Latin America, Asia, and Europe. LBY offers its products to foodservice distributors, mass merchants, department stores, retail distributors, national retail chains, specialty housewares stores, candle and food packers, decorators, breweries and distilleries, gourmet food packaging companies, custom molded glass original equipment manufacturers, and customers using glass containers for candle and floral applications. LBY was founded in 1818 and is headquartered in Toledo, Ohio.
To learn more about LBY visit: http://www.libbey.com
Liberty Acquisition Holdings Corp. (AMEX:LIA)
Promotora de Informaciones, S.A. & LIA announced recently that Liberty has received additional commitments, from prominent banks and an institutional investor, for an investment of 100 million dollars of additional cash into LIA. The additional commitments may be used to fund a new cash election option, announced on August 4th 2010, available to Liberty stockholders in the business combination with Prisa. A total commitment of $500 million has now been made to LIA. As a result of these commitments, LIA stockholders may elect to receive at closing, for any and all shares of LIA common stock they hold, either $10.00 in cash per share, without interest, or the agreed mix of Prisa shares and cash. LIA stockholders will continue to have the right to elect redemption of their shares of common stock and receive approximately $9.87.
LIA does not have significant operations. LIA intends to acquire an operating business through a merger, stock exchange, asset acquisition, reorganization, or similar business combination. LIA was founded in 2007 and is based in New York, New York.
To learn more about LIA visit: http://www.libertyacquisitionholdings.com
Longwei Petroleum Investment Holding Limited (Amex:LPH)
LPH, an energy company engaged in the storage and distribution of oil and gas in the People's Republic of China ("PRC"), recenlty provided select operating data and highlights for the final month of its fiscal year ended June 30, 2010.
During the month of June, Longwei generated roughly $39 million in revenues, an increase of 130% from $17.0 million in June 2009. Gross profit in June of this year reached $8.1 million, up 138% from $3.4 million in the same period last year.
LPH, through its subsidiaries, engages in transporting, marketing, and selling finished petroleum products in the People's Republic of China. LPH purchases diesel, gasoline, fuel oil, and kerosene from various petroleum refineries. LPH also owns a gas station. It sells its products to large-scale gas stations, coal plants and other power supply customers, and independent gas stations. LPH was founded in 1995 and is headquartered in Taiyuan City, the People's Republic of China.
To learn more about LPH visit: http://www.longweishihua.com
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