subject: Stock Update On Crwe, Uwn, Mitl From Pennytobuck.com [print this page] Crown Equity Holdings IncCrown Equity Holdings Inc. (OTCBB:CRWE)
CRWE release news that its sales this year have already surpassed $1,000,000. This compares to $232,510 for the three quarters ending September 30, 2009 and $ 659,907 total sales for the year 2009.
Kenneth Bosket, President and CEO of Crown Equity Holdings Inc. commented Based on our sales to date, we had more than 4 times the sales for the same period last year and are 34% ahead of last years total sales.
Mr. Bosket also stated Our growth in sales along with our investments in infrastructure and people give the company a basis for supporting future growth of the magnitude we have seen so far this year.
CRWE has also moved to a dedicated in-house advertising server, allowing for faster response and a wider variety of ad space offerings to those interested in advertising on their numerous internet and affiliate internet properties.
CRWE is currently in the process of expanding its in-house IT infrastructure. Although their current web page load time is better than 75% of other internet websites, when completed, the modifications will raise this load time to better then 90% of other internet websites while increasing website visitor capacity by 400%.
CRWE has expanded its internet footprint internationally to include the following 19 countries: Argentina, Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Korea, Mexico, New Zealand, Singapore, Spain, Taiwan and the UK.
Nevada Gold & Casinos, Inc. (Amex:UWN) recently announced that it will host a conference call on Tuesday, September 14, 2010 at 5:00 pm ET to discuss its first quarter 2011 financial results. The call can be accessed live over the phone by dialing (800) 967-7143 or for international callers by dialing (719) 457-2646. A simultaneous webcast of the call will be available by visiting http://www.nevadagold.com/. A replay will be available at 8:00 pm ET and can be accessed by dialing (888) 203-1112 or (719) 457-0820 for international callers; the pin number is 4471891. The replay will be available until September 21, 2010.
Nevada Gold & Casinos, Inc., owner and operator of gaming facilities in Colorado and Washington. The following 10 properties are wholly owned and operated by Nevada Gold: Colorado Grande Casino in Cripple Creek, Colorado, the Crazy Moose Casinos in Pasco and Mountlake Terrace, Washington, Coyote Bob's Roadhouse Casino in Kennewick, Washington, the Silver Dollar Casinos in Seatac, Mill Creek and Renton, Washington, the Club Hollywood located in Shoreline, Washington, the Royal Casino located in Everett, Washington and the Golden Nugget Casino located in Tukwila, Washington.
UWN has an interest in Buena Vista Development Company, LLC which is working with the Buena Vista Rancheria of Me-Wuk Indians on a Native American casino project to be developed in the city of Ione, California. UWN has a signed management agreement including equity participation for development of a casino and hotel immediately adjacent to the Las Vegas Motor Speedway.
Mitel (Nasdaq:MITL), a leading provider of unified communications software solutions, today announced its financial results for the first quarter of fiscal 2011 ended July 31, 2010. All financial results are in U.S. dollars.
Financial Highlights
Revenue for the first quarter of fiscal 2011 was $160.0 million, compared to $159.4 million for the first quarter of fiscal 2010.
Adjusted EBITDA (as defined below) for the first quarter of fiscal 2011 was $20.4 million, compared to $19.5 million for the first quarter of fiscal 2010.
Cash and cash equivalents as of July 31, 2010 were $84.7 million, up 10.6 percent compared to the end of the fourth quarter of fiscal 2010.
Operating cash flows for the first quarter of fiscal 2011 were $9.6 million, an increase of 12.9 percent from the first quarter of fiscal 2010.
Net income for the first quarter of fiscal 2011 was $6.8 million, or $0.12 per share, compared to a net income of $2.0 million, or a loss of $0.66 per share, in the same period last year(1).
Non-GAAP net income for the first quarter of fiscal 2011 was $10.8 million, or $0.19 per share. This compares to non-GAAP net income of $6.8 million, or $0.12 per share in the first quarter of fiscal 2010. Please refer to the GAAP to non-GAAP reconciliation tables in this release.
Mitel is a global provider of business communications solutions and services, consisting of unified communications and collaboration software applications, IP telephony platforms, mobility applications and managed and network services. Mitel enables businesses of all sizes to move beyond basic fixed telephony tools toward integrated multi-media collaboration solutions, accessible from anywhere, helping to improve performance, gain competitive advantage, and reduce costs. Mitel's global headquarters are in Ottawa, Canada, U.S. headquarters are in Chandler, Arizona and EMEA headquarters are in Caldicot, UK, with offices, partners, and resellers worldwide.
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