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ACLS, PPWE, PZZI, ORFG, NYWK - Market Update From!



Axcelis Technologies Inc. (Nasdaq:ACLS) announced that Mary Puma, chairman and CEO, will be presenting at the Morgan Stanley Technology, Media & Telecom Conference. The conference will be held February 28 -- March 3, 2011 at the Palace Hotel in San Francisco, CA. Puma will be presenting on March 3 at 10:20 a.m. PT. For those who cannot attend, a live webcast of the presentation will be available at

Axcelis Technologies, Inc. designs, manufactures, and services ion implantation, dry strip, and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and the Asia Pacific.


Proper Power & Energy, Inc. (OTC Bulletin Board:PPWE.OB) a Tampa-based independent oil and gas exploration and production company, has announced that it has been approached by two independent financing groups and has submitted a $10 million private placement memorandum to each of them. These two groups are seeking domestic oil and gas production in light of the Middle East tensions.

"The timing to acquire oil and gas properties while gas prices are low couldn't be better. Additionally, the availability of this funding for developing Proper Power's Kentucky and Utah oil prospects will accelerate 2011 revenues and leasehold acreage growth dramatically. We anticipate feedback from both of the financing groups before the end of this month," stated Andrew J. Kacic, President of Proper Power & Energy.

Kentucky’s existing oil and gas infrastructure is extensive. Finding and production costs are low due to the occurrence of shallow resources. Kentucky is centrally located for access and distribution to northern and eastern industrial markets.

The state of Utah is ranked 13th in the country in crude oil production and 9th in natural gas gross production (Energy Information Administration; rankings based on 2008 production, not including Federal Offshore production areas). There are approximately 9,100 wells currently in production within the state.

Proper Power & Energy is an independent exploration and production company. The Company's operations are in Kentucky, which provides for low risk developmental drilling and production, and Utah, which the Company controls over 11,000 acres for its exploratory prospect. Renowned geophysicist and consultant to Proper Power, Robert Dunbar, believes the Utah prospect could hold up to one billion barrels of recoverable oil.

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Orofino Gold Corp. (ORFG.PK) is pleased to announce the appointment of Mr. Salvador Rivero to the company's Board of Directors.

Mr. Rivero founded and directed Constructora y Perforadora Marina, S.A. de C.V., and Kaiser International, S.A. de C.V., Ultramar Bancorp Inc., Ultramar Capital Plc. and First Mercantile Bank Ltd. From 1998-2000, Mr. Rivero was responsible for acquiring, developing, and putting into production a silver mine in Sinaloa for Real de Panuco, S.A. de C.V. He was also a member of the Board of Directors of the Canadian mining company Golden Temple Mining and the Mexican mining company Minas Kaiser, S.A. de C.V. Until recently, Mr. Rivero acted as the President and served as a Director of Oroco Resource Corp, a mining corporation trading on the TXS-V. During that time, Mr. Rivero was responsible for the successful acquisition of Oroco's mining properties in Mexico.

At Orofino, Mr. Rivero, a Spanish-speaking executive, will assist in overseeing the acquisition of new properties. In addition, Mr. Rivero will utilize his extensive international experience in development and selection of partners for the progression toward large-scale production. Mr. Rivero will play a key role in the development of the properties in Orofino's current Senderos de Oro gold camp in the mining area of central Sur de Bolivar, a project area comprised of more than 3000 hectares of mineral concessions in Colombia's highest producing artisanal mining region.

Orofino Gold is a China based gold producer, founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise. Orofino's corporate objective is to continue to build shareholder value through the exploration and development of Senderos de Oro and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.


Pizza Inn, Inc. (Nasdaq:PZZI) reported net income of $0.4 million, or $0.05 per share, for the fiscal quarter ended December 26, 2010, versus net income of $0.4 million, or $0.05 per share, for the same quarter of the prior fiscal year on total revenue of $10.4 million for each of the fiscal quarters ended December 26, 2010 and December 27, 2009. For the six months ended December 26, 2010, Company revenues were $21.0 million compared to $20.4 million for the same period in the prior fiscal year. Net income for the six months ended December 26, 2010 was $0.5 million, or $0.06 per share, compared to $0.8 million, or $0.09 per share, for the same period in the prior fiscal year.

Pizza Inn, Inc., together with its subsidiaries, operates and franchises pizza buffet, delivery/carry-out and express restaurants in the United States and internationally. Its buffet restaurants offer dine-in, carryout, and catering services, as well as delivery services.


NetSol Technologies, Inc. (Nasdaq:NTWK) announced its financial results for the second fiscal quarter ended December 31, 2010. The Company posted revenues of $10.4 million and quarterly net income of $1.9 million, or $0.04 per diluted share. These results compare to revenue of $9.5 million and a quarterly net loss of $0.4 million, or $0.01 per diluted share, for the same period last year. Summary financial data is provided: Revenues for the second quarter of fiscal year 2011 increased by 9.5% year-over-year to $10.4 million, up from $9.5 million in the second quarter of fiscal 2010. License fees totaled $3.1 million or 30.0% of total revenues. Maintenance fees totaled $2.0 million or 19.4% of total revenues. Service fees totaled $5.3 million or 50.6% of total revenues. Net income attributable to NetSol for the second quarter increased to $1.9 million, compared with a net loss of $0.4 million for the second quarter of fiscal 2010.

Netsol Technologies, Inc. designs, develops, and markets software products for the automobile finance and leasing, banking, healthcare, and financial services industries worldwide.



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Crown Equity Holdings Inc. (OTCPK:CRWE) received 1,000,000 shares of free trading shares from a third party (Mohamad Nehmeh) for two (2) weeks of advertisement services for Proper Power & Energy, Inc. (OTC:PPWE).

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 .