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NAVI, ORFG, FBCM, CRWE, UPI - Stock Update from DrStockPick.com

Jan. 16, 2011 12:17 PM ET
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

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Orofino Gold Corp. (PINK:ORFG) has several Gold development properties in Colombia, a current hot spot of gold production in the world markets. Orofino Gold is please to announce that the Board Of Directors have appointed Mr. Ning Shi Long as Chairman of the Board and Executive Director.

Mr. Ary Fernando Pernett Marque has been appointed as the new President/CEO & Executive Director of Orofino Gold Corp. Mr. Pernett will be responsible for all affairs of Orofino Gold in Colombia. Mr. Pernett has 30 years of experience working in the Colombian Mining sector and will over the near term choose his new development team to assist in the development of Orofino Gold's Senderos de Oro gold camp in the Sur de Bolivar Colombia.

Orofino Gold and Mr. Pernett will continue to work with Contexto Legal of Medellin and Bogota, Orofino Gold's legal counsel as well as Discovery Consultants, (The Qualified 43-101 team) Canada, as they have in the past. The new team will now aggressively pursue other known Gold occurrences in the companies Senderos de Oro Gold Camp while the development team works to improve production at La Azul Mine.

The Board of Director's have accepted resignation of John T. Martin, former Managing Director of Orofino Gold. His resignation is effective immediately. Orofino Gold wish him well and success in future endeavors.

Majestic Gold Corp. is gold exploration and development company with a very advanced gold deposit in Shandong province of China. A total of 165,000 tonnes of gold have been mined in human history, as of 2009. This is roughly equivalent to 5.3 billion troy ounces or, in terms of volume, about 8,500 m³, or a cube 20.4 m on a side. The world consumption of new gold produced is about 50% in jewelry, 40% in investments, and 10% in industry. It is known to all that the primary use of gold is associated to jewelry. About 78% of the gold consumed each year goes in the manufacture of different jewelry products. Although primarily used as a store of value, gold has many modern industrial uses including dentistry and electronics. Gold has traditionally found use because of its good resistance to oxidative corrosion and excellent quality as a conductor of electricity.

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Crown Equity Holdings Inc. (OTCBB:CRWE) announced today 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.

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., 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. 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. announced in June of this year its 1- 10 forward stock split, as well as in August announcing that Crown Equity Holdings Inc. had surpassed One Million dollars (1,000,000) in sales.

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NaviSite Inc. (Nasdaq:NAVI) announced that it has joined EuroCloud UK and will sponsor the EuroCloud UK Meeting, titled 'Let's Flatten Europe,' on January 20th in London. The EuroCloud UK event will offer strategies for providing cross-border cloud services in Europe, while addressing issues, such as data protection and regulation.

NaviSite, Inc. provides information technology hosting, outsourcing, and professional services for mid-market organizations.

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FBR Capital Markets Corporation (Nasdaq:FBCM)
a leading investment bank serving the middle market, announced that Andrew Arthur has joined the firm as Managing Director and Head of Distressed Sales. Michael Lloyd, Senior Managing Director and Head of Credit, Convertibles & Options at FBR commented, "Andy is a highly-regarded leader in the industry.

FBR Capital Markets Corporation, through its subsidiaries, provides investment banking, institutional brokerage, and asset management services primarily in the United States.

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Uroplasty Inc. (Nasdaq:UPI)
a medical device company that develops, manufactures and markets innovative proprietary products to treat voiding dysfunctions, announced that revenue for the third quarter of fiscal 2011 ended December 31, 2010 was approximately $3.5 million. This represents an increase from $3.1 million in revenue for the third quarter a year ago. Uroplasty is providing this update because its management team will be conducting one-on-one meetings with investors in San Francisco during the JP Morgan Healthcare Conference later this week.

Uroplasty, Inc., a medical device company, engages in the development, manufacture, and marketing of products for the treatment of voiding dysfunctions.

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