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BLU, AVOT, BBW, EVCA, DL - Stock Update From DrStockPick.com!

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Blue Chip Value Fund, Inc. (NYSE:BLU) announced that its stockholders have approved the reorganization of the Fund into Westcore Blue Chip Fund, a series of Westcore Trust, an open-end registered investment company. The conversion and reorganization date is anticipated to be March 28, 2011.

Blue Chip Value Fund, Inc. is a closed ended equity mutual fund launched and managed by Denver Investments. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.

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American Video Teleconferencing Corp. (Pink Sheets:AVOT) is pleased to announce that Wayne Lockhart, BSc. Geology, has joined the company as special geological advisor to AVOT for advancing the company’s exploration programs on its newly acquired rare earth property in Quebec.

Mr. Lockhart has over 35 years experience in the mining business having worked for Falconbridge and Phelps Dodge in eastern Canada, Anglo American Corp.(DeBeers) in Africa and Benguet Cons. in the Philippines. Mr. Lockhart in addition to being a lecturer at the University of New Brunswick in Geology, has developed programs for the United Nations (UNDP). Mr. Lockhart is an Honorary Director of the Prospector and Developers Association of Canada (PDAC), a founding and former member of the Association of Exploration Geochemists and a Member of the Society of Economic Geologists.

American Video is looking forward to this new relationship with Mr. Lockhart as he will be able to provide the guidance, expertise and leadership that will be needed moving forward, as he has had many years experience working in the province of Quebec.

Rare earth elements have become irreplaceable in clean tech such as hybrid and electric car motors, high-efficiency light bulbs, solar panels and wind turbines. They also play a key role in defense technologies such as cruise missiles, radar and sonar and precision-guided weapons.

Experts warn that the U.S. depends upon China for almost its entire supply of rare earths, and has let its own rare earth production languish despite having about 15 percent of the world's reserves. A draft of a Chinese rare earths plan for 2009-2015 states that China's own industrial demand could soon lead to restrictions or bans on the export of rare earths.

The U.S. Geological Survey (USGS) has noted that 91 percent of U.S. consumption of rare earths came from China between 2005 and 2008. 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.

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EVCARCO, Inc. (OTC.BB:EVCA) (Pinksheets:EVCA) is pleased to announce that the Company has signed a three year executive agreement with Mr. Mack Sanders, who was recently appointed CEO by EVCARCO's board of directors. Mr. Sanders will be mainly responsible for the Company's roll out of its retail franchise model throughout the United States for its environmentally friendly vehicle product line as well as overseeing the day to day operations of the Company.

Mr. Sanders comes to EVCARCO with a strong background in the retail and wholesale automotive industry working in retail locations for Lincoln Mercury, Oldsmobile, and Mercedes. Mr. Sanders started his professional career in 1982 working as a retail sales professional for Pioneer Lincoln Mercury in Lubbock, Texas for their pre-owned vehicle division. Mr. Sanders played a key role in the 1980s in helping develop and maintain the pre-owned vehicle retail locations for Giles Volvo in Houston, Texas. After moving back to Dallas in 1990, Mr. Sanders entered the dealer to dealer automotive wholesale business permanently, working for over 15 years with David Jurecki where to this day, Mr. Sanders has cultivated long standing accounts with automotive franchise owners throughout the country.

"Mack Sanders brings a strong history of automotive expertise to our management team, which will enable us to quickly achieve key milestones in 2011," stated Nikolay Frolov, Chief Financial Officer and Director of EVCARCO.

EVCARCO (www.evcarco.com) is an automotive retail group dedicated to deploying a franchised coast-to-coast network of environmentally friendly dealerships and vehicles.

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Build-A-Bear Workshop Inc. (NYSE:BBW) announced that it is developing its website, Bearville.com, to provide high quality entertainment content to Guests of all ages. This next generation of Bearville expands beyond its virtual world experience into an entertainment destination with a special focus on fun and relevant cultural content for children and families. The site re-launches in open beta on March 1, 2011 featuring unique programming, celebrity interviews and a craft show in the coming months. In addition, Bearville will introduce its own blog, as well as an arcade of games to play while providing continued access to the existing virtual world. Unlike most standalone websites Bearville.com is incorporated into Build-A-Bear Workshop stores, the Build-A-Bear mobile App and licensed product.

Build-A-Bear Workshop, Inc. operates as a specialty retailer of plush animals and related products. The company merchandise includes various styles of animals to be stuffed; and clothing, shoes, and accessories for the stuffed animals.

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China Distance Education Holdings Limited (NYSE:DL) announced that it will release unaudited financial results for the first quarter 2011 after the US market close on Tuesday, February 22, 2011. The earnings release will be available on the investor relations page of its website at http://ir.cdeledu.com. Following the earnings announcement, CDEL senior management will host a conference call on Wednesday, February 23, 2011 at 8:00 am (Eastern) / 5:00 am (Pacific) / 9:00 pm (Beijing/Hong Kong) to discuss its first quarter 2011 financial results and recent business activity.

China Distance Education Holdings Limited provides online education and test preparation courses, and other related services and products.

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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.

Crown Equity Holdings Inc. (OTCPK:CRWE) has received fifteen thousand dollars in cash and thirty-five thousand EVCARCO, Inc. (OTC:EVCA) restricted shares for 30 days (which has expired) of advertising services.

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