subject: Isln, Avii And Crwe Stock Update From Pennytobuck.com [print this page] Crown Equity Holdings, IncCrown Equity Holdings, Inc. (OTCBB:CRWE) has reported its financial information for the past 6-months, period ending June 30, 2010. Revenue for the past six months has totaled $678,988, compared to $84,357 during the same period in 2009.
CRWE has incurred an operating loss of $26,739 for the six months ending June 30, 2010, compared to an operating loss of $245,796 during the same period in 2009. CRWE incurred a net loss of $201,658 for the six months ending June 30, 2010, compared to a net loss of $255,006 for the same period in 2009. The net loss in 2010 was due primarily to an unrealized loss of $169,195 on securities held by CRWE.
CRWE has increased their workforce to an amount of 35, compared to this time last years head count of 6, which is a 580% personnel increase. This is in addition to the 10 contractors we recently hired in Pakistan.
CRWE has also expanded its Internet footprint internationally to include the following 20 countries; Argentina, Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Korea, Mexico, New Zealand, Singapore, Spain, Taiwan and the UK.
CRWE has also recently reported they have finalized their 1-10 stock split and was put into effect as of August 3rd, 2010.
Their CEO Ken Bosket said The Company and shareholders are elated to see their shares multiplied by ten. 10,000 shares became100,000 shares and 100,000 shares became 1,000,000 shares, and we believe this is just the beginning.
This will be CRWE second forward stock in the last 3 years, their previous stock split was also a 1-10 forward split.Crown Equity Holdings is a news service containing news from around the world, and an advertising media, consisting of : crownequityholdings.com, CRWEnewswire.com, DrStockPick.com, CRWEfinance.com, CRWESelect.com, CRWEpicks.com, BestOTC.com , Stock-PR.com, PennyOmega.com, PennyToBuck.com, StockHotTips.com, CRWEwallstreet.com, Doubleinstocks.com, Crowntradingsystems.com
CRWE has recently opened offices in Pakistan and Germany. Its mission is to become a world-renowned provider of media for information and up-to-date news.
CEO of Crown Equity Holdings, Ken Bosket concluded, Watch us grow, we are debt free, and our revenues have been increasing every quarter.
AVI BioPharma, Inc. (NASDAQ:AVII), a developer of RNA-based drugs, has reported it's financial results for the three and six months ended June 30, 2010.
For the second quarter of 2010 AVII reported an operating loss of $7.7 million compared with an operating loss of $5.1 million in the second quarter of 2009. The increase in the operating loss is the result of a $2.6 million one-time charge for severance and stock compensation costs related to the April 2010 departure of AVII's former chief executive officer.
Research and Development Expenses
Research and development expenses were $6.9 million in the second quarter of 2010, compared to $5.8 million in the second quarter of 2009, an increase of $1.1 million. The increase was due primarily to increases in research and development costs related to the Junn and H1N1 programs. General and administrative expenses in the second quarter were $4.7 million, compared to $2.2 million in the second quarter of 2009, an increase of $2.5 million. The increase was primarily the result of a $2.6 million one-time charge related to the April 2010 departure of AVI's former chief executive officer.
Revenue for the second quarter of 2010 increased to $4.0 million from $2.9 million in the second quarter of 2009 as a result of a net increase in revenue from government research contracts.
Research and development expenses were $13.0 million in the first half of 2010, compared to $10.3 million in the first half of 2009, an increase of $2.7 million. The increase was due primarily to a $1.7 million increase in clinical trial costs for our Duchenne muscular dystrophy program, and a $1.0 million increase related to the Junn and H1N1 programs. General and administrative expenses in the first half of 2010 were $7.6 million, compared to $4.4 million in the first half of 2009, an increase of $3.2 million. The increase was primarily the result of a $2.6 million one-time charge related to the April 2010 departure of AVII's former chief executive officer, a $0.4 million increase in legal expenses and a $0.3 million increase in rent expense related to the relocation of a significant portion of AVII's operations to the Bothell, Washington facility.
Revenue for the first half of 2010 decreased to $5.2 million from $6.1 million in the first half of 2009 as a result of a net reduction in revenue from government research contracts.
AVI BioPharma is focused on the discovery and development of novel RNA-based therapeutics for rare and infectious diseases, as well as other select disease targets. Applying pioneering technologies developed and optimized by AVI, we are able to target a broad range of diseases and disorders through distinct RNA-based mechanisms of action. Unlike other RNA-based approaches, our technologies can be used to directly target both messenger RNA (mRNA) and precursor messenger RNA (pre-mRNA) to either down-regulate (inhibit) or up-regulate (promote) the expression of targeted genes or proteins. By leveraging our highly differentiated RNA antisense-based technology platform, we have built a pipeline of potentially transformative therapeutic agents, including a clinical stage Duchenne muscular dystrophy candidate and anti-infective candidates for influenza and hemorrhagic fever viruses. For more information, visit www.avibio.com.
Isilon (Nasdaq:ISLN) announced that SendOutCards has deployed Isilon scale-out storage to power its unique greeting card creation, customization and distribution services. Using ISLN's SmartPools software, SendOutCards has unified multiple performance tiers of Isilon scale-out storage into a single file system, simplifying data management to drive increased IT efficiency, cost-savings and application performance. With SmartPools, SendOutCards has consolidated all of its user-generated content, production data and email onto a central, shared storage pool, aligning user demand with storage resources to improve utilization and increase productivity.
Nick Brooks, systems engineer, SendOutCards said "Our success depends on our ability to consistently provide flexible, on-demand services for our customers, so we need data storage that can do the same for us."
SendOutCards NFS servers couldn't keep pace with continued growth and increasing user demand, which complicated storage management and slowed project turnaround, prior to using ISLN. Working with leading Isilon integrator Advanced Systems Group (ASG) SendOutCards deployed ISLN scale-out storage in multiple data centers, using ISLN's SyncIQ software to seamlessly replicate data between the clusters for backup and disaster recovery.
For SendOutCards' primary production environment, ASG used SmartPools, in combination with ISLN's X- and NL-Series, to create a single file system and single point of management for multiple performance tiers, eliminating the need for SendOutCards to manually migrate data between tiers and reducing storage management to less than one full-time equivalent (FTE).
As a global leader in scale-out storage, Isilon delivers powerful yet simple solutions for enterprises that want to manage their data, not their storage. Isilon's products are simple to install, manage and scale, at any size. And, unlike traditional enterprise storage, Isilon stays simple no matter how much storage is added, how much performance is required or how business needs change in the future. We're challenging enterprises to think differently about their storage, because when they do, they'll recognize there's a better, simpler way. Learn what we mean at http://www.isilon.com.
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