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(ASFI, AERL, CRWE, ARCL) Stock Market Report




crwe black CRWE, Crown Equity Holdings Inc., CRWE.OB

CRWE, together with its digital network, currently provides electronic media services specializing in online publishing and Web sites, which bring together targeted audiences and advertisers that want to reach them. CRWE 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.

CRWE reported that its subsidiary company, Crown Tele Services Inc. 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.

Hosted IP-PBX gives businesses of all sizes the most productive phone system calling features typically offered to only the largest enterprises. No in-house systems or software to purchase, manage and maintain is required for the phone system to work.

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.

The principle behind VoIP is simple. Calls are placed over the Internet instead of using dedicated voice lines to do the job. This is easy to understand once we realized that all information can be digitized and sent as a signal over a wire. In fact, this also happens with regular voice - your sound signals are encoded and sent over a wire. With the Internet, such things become easy and voice communication can happen in real time just as with a normal phone.

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.

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Archipelago Learning, Inc. (Nasdaq:ARCL) recently reported that it has been recognized by Tech & Learning magazine as an Award of Excellence winner for its Study Island Version 3.0. For nearly three decades, the Tech & Learning Award of Excellence program has honored innovative education technology applications that break new ground in some important way, and also best-of-breed examples that demonstrate clear superiority over similar products in the market. This year, more than 30 educator-judges from the New York City Department of Education, the University of Michigan and other top Tech & Learning advisors test-drove over 140 entries and selected the winners. Evaluation criteria for this year’s program included the following: quality and effectiveness, ease of use, creative use of technology, and suitability for use in an educational environment.

Archipelago Learning is a leading subscription-based online education company that provides standards-based instruction, practice, assessments, productivity and reporting tools that improve the performance of educators and students.


Asia Entertainment & Resources Ltd. (Nasdaq:AERL) recently reported unaudited Rolling Chip Turnover for the month of November 2010 at the company’s three VIP rooms in Macau was US$1.203 billion, up 110% year-over-year, compared to US$572 million for the month of November 2009. This compares with a year-over-year increase in gross gaming revenue for Macau of 42.1% for November 2010. AERL’s Rolling Chip Turnover for the first 11 months of 2010 in Macau was US$9.085 billion, up 101% year-over-year, compared to US$4.523 billion for the first 11 months of 2009.

AERL, formerly known as CS China Acquisition Corp., acquired Asia Gaming & Resort Limited (“AGRL”) on February 2, 2010. AERL is an investment holding company which operates through its subsidiaries and related promoter companies as a VIP room gaming promoter, and is entitled to receive all of the profits of the VIP gaming promoters from VIP gaming rooms.


Asta Funding Inc. (Nasdaq:ASFI) recently reported its results for the fiscal year and fourth quarter ended September 30, 2010. The Company reported $84.2 million in cash and cash equivalents at September 30, 2010, representing a substantial increase from 2009 and providing the Company the resources it needs to move into fiscal year 2011 without the immediate need for external financing. The Company reported net income of $3,129,000 for the fiscal year ended September 30, 2010, or $0.22 per diluted share, as compared to a net loss of $90,725,000, or $6.36 per share for the fiscal year ended September 30, 2009. Revenues for the fiscal year ended September 30, 2010 were $45,849,000, a decrease of 34.8% as compared to $70,355,000 for the fiscal year ended September 30, 2009.

Asta Funding, Inc., together with its subsidiaries, engages in purchasing, managing, and servicing distressed consumer receivables in the United States. Its principal portfolio includes charged-off receivables, semi-performing receivables, and performing receivables. The company was founded in 1994 and is based in Englewood Cliffs, New Jersey.





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