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Crown Equity Holdings Inc. (OTCPK:CRWE)
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Crown Equity Holdings, Inc. announced that it has extended its CRWENEWSWIRE global platform web presence and is now publishing online news and information to the following countries: Argentina, Australia, Brazil, China, France, Germany, India, Ireland, Italy, Japan, Malaysia, Mexico, New Zealand, Russia, Singapore, South Africa, South Korea, Spain, Taiwan, United Arab Emirates and the United Kingdom, using their specific country code domain and native language.
CRWE's digital network is designed, on behalf of its clients, to bring together targeted high-income audiences and advertisers on its financial websites that include, among others, DrStockPick.com, PennyOmega.com, BestOtc.com, CRWEFinance.com, CRWESelect.com, CRWEPicks.com and StockHotTips.com.
Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers.
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.
For more information, please visit their website: http://www.crownequityholdings.com
Gentex Corp. (Nasdaq:GNTX) the Zeeland, Michigan-based manufacturer of automatic-dimming rearview mirrors and camera-based driver-assist systems for the automotive industry, commercial fire protection products and dimmable aircraft windows, reported record financial results for the second quarter and first six months of 2011.For the second quarter of 2011, the Company's record net sales for any second quarter increased by 21 percent to $243.0 million compared with $201.6 million in the second quarter of 2010. Net sales during the second quarter of 2011 were negatively impacted by approximately $17 million, due to reduced production at certain Japanese automakers as a result of the March 11, 2011, earthquake and tsunami in Japan.
Founded in 1974, Gentex Corporation is the leading supplier of automatic-dimming rearview mirrors and camera-based driver-assist systems to the global automotive industry.
Interface, Inc. (Nasdaq:IFSIA) a worldwide floorcoverings company and global leader in sustainability, today announced results for the second quarter ended July 3, 2011. Sales for the second quarter of 2011 were $267.6 million, compared with sales of $226.6 million in the second quarter of 2010, an increase of 18.1%. Operating income improved 21.8% to $26.1 million, or 9.8% of sales, compared with last year's second quarter operating income of $21.5 million, or 9.5% of sales. Net income attributable to Interface, Inc. was $12.8 million, or $0.20 per share, in the second quarter of 2011, compared with net income attributable to Interface, Inc. of $7.6 million, or $0.12 per share, in the second quarter of 2010.
Interface, Inc. engages in the design, production, and sale of modular and broadloom carpets, and other floor covering products for the commercial, institutional, and residential markets primarily in the Americas, Europe, and the Asia-Pacific.
Majestic Gold Corp. (MJS.V)
Majestic Gold Corp. engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.
Gold mineralization on Song Jiaguo is hosted by a series of steeply dipping, sub-parallel north-northeast trending fault zones within upper Cretaceous conglomerates overlying Proterozoic granitic rocks. The area of Song Jiaguo is interpreted as being the higher levels of a mesothermal system where gold bearing fluids have mineralized the matrix of the host conglomerates. The gold bearing quartz veins would then likely continue too much lower levels in the system.
Gold can be found in rivers, seas and land in many parts of the earth; however it is not easily extracted. Jewelers prefer gold to all other metals for its beauty and ease of workmanship. Gold can be melted and shaped, to create any design. It can be alloyed with a number of other metals to increase strength and produce a variety of colors.
Majestic Gold Corp. (MJS.V) has arranged a $10,000,000 loan to advance its Song Jiagou project in China. Nine million dollars ($9,000,000) from the proceeds from the loan will be used by the Company to in connection with its Song Jiagou project and the balance of one million dollars ($1,000,000) for general working capital purposes.
The loan will have a one year term and loan principal will be convertible at the option of the lender in whole or in part into common shares ("Shares") of the Company until twelve months from the date of the loan advance at the price of $0.205 per Share. The loan will bear interest at the rate of 7.5% per annum, payable on maturity, and accrued and unpaid interest will be convertible at the option of the lender in whole or in part into shares of the Company until twelve months from the date of the loan advance at Market Price at the time of conversion.
The lender is at arm's length from the Company and will not become an insider as a result of any conversion of principal and interest. All shares issued on any conversion of loan principal or interest will be subject to a four month hold period from the date of advance of loan proceeds. The loan is subject to acceptance by the TSX Venture Exchange.
As additional consideration for the loan, the Company has agreed to forward at least $9 million to Majestic Yantai Gold Ltd., a British Virgin Islands company owned 94% by the Company to be used to further advance its Song Jiagou project. The Borrower has also agreed to a 90 day period for reciprocal due diligence reviews and discussions for the possible further involvement of the Lender in the Song Jiagou project.
In the event that no further agreement is reached between the Lender and the Company during the 90 day period, then the loan and a minimum of seven (7) months interest will automatically convert to shares in the Company at a price of $0.205 per share and the interest at Market Price respectively. In addition the Company is pleased to announce that it has arranged a non-brokered private placement of up to 15,000,000 shares to be issued at the price of $0.20 per share for gross proceeds of $3,000,000.
For more information about Majestic Gold Corp please visit http://www.majesticgold.net
Fushi Copperweld, Inc. (Nasdaq:FSIN) the leading global manufacturer and innovator of copper-clad bimetallic wire used in a variety of telecommunication, utility, transportation and other electrical applications, announced that management will host a conference call to report the Company's 2011 second quarter financial results on August 4, 2011 at 8:30am ET.
Fushi Copperweld Inc., through its wholly owned subsidiaries, Fushi International (Dalian) Bimetallic Cable Co. Ltd., and Copperweld Bimetallics LLC, is the leading manufacturer and innovator of copper-clad bimetallic engineered conductor products for electrical, telecommunications, transportation, utilities and industrial applications.
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