Eline Entertainment Group, Inc. (PINK SHEETS:EEGI) subsidiary Let The Good Times Roll, Inc. recently announced a joint venture with the Hard Rock Hotel and Casino.
This new incentivized agreement with provides LTGTR riders with $25-$35 in gaming chips and a $5 food voucher when booked for the Hard Rock Casino. LTGTR, will experiment and plans to start running shuttles to the Hard Rock, charging $25-30 for round trip services. The deal is conditionally approved and subject to pending insurance verification. The company sees this as a simple administrative task, and to be resolved shortly.
Eline Entertainment Group, Inc. operates in the educational industry in China. It operates 12 educational training centers for nursery students; and 4 training programs.
Majestic Gold Corp. (TSX.V:MJS) (FSE:MJT) continues to focus its efforts on the development of the Song Jiagou mining property, increasing tonnage by excess of 138% increase and a 112% increase in contained gold, and a 15% increase in tonnage in the Inferred category but a 228% increase in contained gold. In addition, the Company received TSX approval to proceed with the agreement to increase its interest in Yantai Zhongia Mining Enterprise from 54% to 94%. The Company recently completed the issuance of the shares to the vendors. Pursuant to the same agreement, the Company has received all required approvals for the transfer of the mining license to Yantai and the revisions to the corporate structure. This is a very significant milestone as it allows for Yantai to officially mine, process, and sell gold within China.
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. On April 23, 2010, the company released an updated NI 43-101- compliant, indicated and inferred gold resource estimate on its Song Jiagou property. At present, Majestic Gold Corp. is aggressively pursuing a pre-feasibility study.
Homeowners Choice, (Nasdaq:HCII) a Florida-based provider of homeowners' insurance, recently announced its results of operations for the three and nine months ended Sept. 30, 2010. Net income for the third quarter of 2010 was $1.7 million, or $0.25 per diluted share, compared with net income of $0.8 million, or $0.11 per diluted share, for the third quarter of 2009.
Homeowners Choice, Inc., through its subsidiaries, operates as a property and casualty insurance holding company. It provides property and casualty homeowners? insurance.
Broadwind Energy, Inc. (Nasdaq:BWEN) recently announced that Peter C. Duprey has been named president and chief executive officer of the Company, effective December 1. Duprey will also serve on Broadwind's board of directors.
Broadwind Energy, Inc. provides products and services to the wind energy industry primarily in the United States. Its Towers segment manufactures wind towers designed for 2 megawatt and larger wind turbines. This segment also offers other specialty weldments and structures for industrial customers.
China Electric Motor, Inc. (Nasdaq:CELM) a Delaware corporation and China-based company that engages in the design, production, marketing and sale of micro motor products through its subsidiaries, Shenzhen YuePengCheng Motor Co., Ltd. and Ningbo Heng Bang Long Electrical Equipment Co., Ltd., recently announced its unaudited financial results for the third quarter ended September 30, 2010 and the first nine months of fiscal year 2010. Total revenue increased by 48.9% year-over-year to $32.9 million.
China Electric Motor, Inc. engages in the design, manufacture, sale, and marketing of micro-motors and micro-motor components in the People's Republic of China and internationally.
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