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CMRE, ORFG, TRK, AVOT, MHO - Market Review From!



Costamare Inc. (NYSE:CMRE) one of the world's leading owners and providers of containerships for charter, announced that it has finalized the financing arrangements for the three newbuilding contracts which were identified in its initial public offering ("IPO") prospectus in November 2010. The containerships, each with a capacity of about 9,000 TEU, will be constructed by Shanghai Jiangnan Changxing Heavy Industry Co., Ltd. for a contract price of $95,080,000 per vessel and are scheduled to be delivered between November 2013 and January 2014.

Costamare Inc. owns and charters containerships to liner companies. It also provides a range of shipping services, such as technical support and maintenance, insurance consulting, financial and accounting services.



Orofino Gold Corp. (ORFG.PK) engages in acquisition, exploration, and development of gold properties in Mexico and Colombia. The company has an option to acquire properties in the Sur de Bolivar Department of Colombia South America.

Orofino Gold is pleased 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 the Company 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 the company’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, the company’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 the resignation of John T. Martin, former Managing Director of Orofino Gold. The Company wishes him well and success in future endeavors.


American Video Teleconferencing Corp. (Pink Sheets:AVOT) is pleased to announce that it has hired a French speaking geologist to search the archives of the Quebec Department of Mines for Rare Earths showings not on a current computer file.

American Video believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. As neither the Federal nor Quebec Governments have carried out any air borne surveys in this area, the company will seek a contractor to do an air borne Mag-EM radiometric survey. This survey will cover its present holdings and the immediate surrounding area looking for future acquisitions. We are pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.

Rare earths—minerals, metals and their oxides— have been a looming problem for several years but became a political football recently when China reduced its export quotas for the second half.

Stepped-up mining operations and accelerated manufacturing schedules in Africa, Australia, Canada, Malaysia, the United States, Vietnam and elsewhere could provide supply-chain alternatives to China, which controls more than 95 percent of the world’s rare earths. The U.S. House of Representatives, fearful the U.S. military might become dependent on Chinese-made electronics, approved H.R. 6160, the Rare Earths and Critical Materials Revitalization Act of 2010.

Constraints on Chinese exports are creating opportunities for non-Chinese projects.

American Video will aggressively continue to search world-wide for opportunities in Precious, Base and Rare Earths metal projects.


M/I Homes, Inc. (NYSE:MHO) announced results for its fourth quarter and year ended December 31, 2010. For the 2010 fourth quarter, the Company reported a net loss of $11.1 million, or $0.60 per share. The loss consists of a $2.4 million pre-tax loss from operations; $8.4 million loss on the early retirement of senior notes; $1.6 million of asset impairments; and a $1.3 million tax benefit. In 2009's fourth quarter, the Company reported net income of $7.0 million, or $0.38 per share, primarily due to a $31.2 million tax benefit.

M/I Homes, Inc., together with its subsidiaries, engage in the construction and sale of single-family residential properties.


Speedway Motorsports Inc. (NYSE:TRK) announced that it commenced a cash tender offer and consent solicitation for any and all of its outstanding 6¾% Senior Subordinated Notes due 2013 (CUSIP No. 847788AK2). The Tender Offer and Consent Solicitation are described in the Offer to Purchase and Consent Solicitation Statement dated January 20, 2011 and related Letter of Transmittal. Holders who validly tender their Notes will be deemed to have consented to the proposed amendments to the indenture governing the Notes. The Offer will expire at midnight, Charlotte, North Carolina time, on February 16, 2011, unless extended or earlier terminated.

Speedway Motorsports, Inc., through its subsidiaries, operates as a promoter, marketer, and sponsor of motor sports activities in the United States.



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Crown Equity Holdings Inc. (OTCPK:CRWE) has received 500,000 shares of 144 stock in Orofino Gold Corp. (PINK SHEETS: ORFG) valued at sixty five thousand dollars, and 500,000 shares of free trading shares valued at sixty five thousand dollars from a third party (QU CUI You) for 30 days advertising .

Crown Equity Holdings Inc. (OTCPK:CRWE) has received from the company 2,000,000 shares of (144) restricted common stock of American Video Teleconferencing Corp. (OTCPK:AVOT) for 12 months IR Services and 1,000,000 shares of (144) restricted common stock for its IT services.