Crwepicks Stock Update: Crwe, Cim, & Msft
Crown Equity Holdings, Inc
Crown Equity Holdings, Inc. (OTC.BB:CRWE) announced that it will implement a forward stock split of its common stock on a one-for-ten basis. In connection with this forward split, the Company will increase its authorized shares from 500,000,000 to 1,000,000,000 shares. An effective date for the split has not been determined but is expected to occur in late July for shareholders of record as of July 15, 2010.
CRWE is a company utilizing todays technology to advertise, promote and market public companies globally. CRWEs proprietary network technology allows their publishing department to get their content to millions of readers daily across the world. CRWE publishes financial content to all the major countries and covers all the accredited stock exchanges. The goal for 2010 is to have all CRWEs clients press releases, articles and news content published in every major financial countrys native language.
For more information please visit www.crownequityholdings.com
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Chimera Investment Corporation (NYSE: CIM) announced that it intends to make a public offering of 100,000,000 shares of its common stock.
CIM intends to grant the underwriters a thirty-day option to purchase up to an additional 15,000,000 shares of common stock solely to cover overallotments. Chimera expects to use the proceeds of this offering to finance the acquisition of residential mortgage-backed securities (RMBS) not guaranteed by a U.S. government agency, RMBS guaranteed by a U.S. government agency, prime and Alt-A mortgage loans, commercial mortgage loans, commercial mortgage-backed securities, collateralized debt obligations, and other consumer or non-consumer asset-backed securities. Chimera may also use the proceeds for other general corporate purposes such as repayment of outstanding indebtedness, working capital and for liquidity needs.
For more information please visit www.chimerareit.com
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Microsoft Corporation (NASDAQ: MSFT) recently announced a new technology designed to improve battery installation called InstalLoad battery installation technology. This technology will allow users to install a battery in either direction for very simple installation. People will never have to worry about which direction they are putting their battery in again.
Microsoft is engaged in developing, manufacturing, licensing, and supporting a range of software products and services for different types of computing devices. It has five business segments: Client, Server and Tools, Online Services Business, Microsoft Business Division, and Entertainment and Devices Division. The software products and services include operating systems for servers, personal computers, and intelligent devices; server applications for distributed computing environments; information worker productivity applications; business solutions applications; computing applications; software development tools, and video games.
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by: Blayne Sheffield
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