subject: A Glimpse Into The Future Of Crown Equity Holdings - 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 year's 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 :
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."
There is no telling where they will go. As Always Do Your OWN Research.
For FREE Daily Stock Alerts & Updates Signup At: http://pennytobuck.com/signup
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!
Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PennyToBuck.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers.Our disclaimer ( http://pennytobuck.com/disclaimer) is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold PennyToBuck.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. Rule 17B requires disclosure of payment for investor relations.The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.
