Crown Equity, KBR, LPS, DLKM, USB – BestOtc.com Stock Report! Dec 30th 2010
Crown Equity Holdings Inc. (OTCBB:CRWE) announced today that its CEO and President, Kenneth Bosket, will appear on the Bill Chippas show on Dec. 30, 2010, at 3:30 pm Pacific Time.
To listen the interview, please visit www.wpsl.com
According to ABI Research, the latest global business VoIP services forecasts show that the value of the overall market, which includes VoIP integrated access, SIP trunking, hosted IP-PBX/IP Centrex and managed IP-PBX services, is set to double over the next five years, to exceed $20 billion by 2015.
In this case, CRWE announced that its subsidiary company, Crown Tele Services Inc. is still moving forward after dissolving its joint venture with Communication Expert Corporation and will gradually start rolling out its internet based voice and video service IP-PBX solutions next year.
The cornerstone of Crown Tele Services Inc. strategy is to meet the highest standards when it comes to delivering VoIP (Voice over Internet Protocol) communication solutions specifically designed to meet the market needs.
In this case, Commenting on the venture, Kenneth Bosket, president said, “We are still excited with this opportunity to expand our footprint in this valuable market. The demand for internet-based voice and video services is growing exponentially and our new subsidiary Crown Tele Services Inc. has launched its new website and intends to emerge as a service provider of choice.”
More about CRWEat: www.crownequityholdings.com ,www.crownteleservices.com
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KBR, Inc. (NYSE:KBR) announced that it has acquired Chicago-based Roberts & Schaefer Company. Roberts & Schaefer, a subsidiary of Elgin National Industries, is a global leader in engineering, procurement and construction (EPC) services for bulk material handling and processing systems. The company provides services and associated processing infrastructure to customers in the mining and minerals, power, industrial, refining, aggregates, precious and base metals industries. The purchase price is $280 million, plus preliminary net working capital of $12 million with final adjustment after closing.
KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial markets.
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Lender Processing Services, Inc. (NYSE:LPS) shows that the volume of loans moving to REO continued to drop as moratoria further delayed foreclosure sales. While the 90+ delinquency category has steadily declined, the number of loans moving to seriously delinquent status beyond 90 days far outpaced the number of foreclosure starts. Nearly 2.2 million loans are 90 days or more delinquent but not yet in foreclosure.
Lender Processing Services, Inc. (LPS) is a leading provider of integrated technology, services and mortgage performance data and analytics, to the mortgage and real estate industries.
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U.S. Bancorp (NYSE:USB) will release its fourth quarter 2010 earnings before the market opens on Wednesday, January 19, 2011. At 7:30 a.m. (CST) Richard K. Davis, chairman, president and chief executive officer, and Andrew Cecere, vice chairman and chief financial officer, will host a conference call to review the financial results. The conference call will be available by telephone or on the Internet. A presentation will be used during the call and will be available on our website.
Minneapolis-based U.S. Bancorp (“USB”), with $291 billion in assets as of September 30th, is the parent company of U.S. Bank National Association, the 5th largest commercial bank in the United States.
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Douglas Lake Minerals Inc. (the “Company”) (OTCBB:DLKM.OB) (Frankfurt:D60) offers gold mining and exploration services. The Company is an emerging mineral exploration company focused on exploring mining opportunities in Tanzania. The company is based in Surrey, Canada.
DLKM provided an update regarding its recently acquired Handeni Project which is located in the rapidly developing region of eastern Tanzania. Douglas Lakes’ 100% owned Handeni Project consists of four prospecting licenses covering approximately 800 km(2) which are directly adjacent to, and partly surround, Canaco Resources Inc’s (V.CAN) 200 km(2) Kilindi license which holds the Magambazi gold mineralization occurrence.
Douglas Lake Successfully Delineates Structural Controls on Gold Mineralization in the Four Handeni Project PLs.
More:
Douglas Lake Minerals has announced that it has received $250,000 from Ruby Creek Resources, Inc. as part of a series of payments due to the Company with respect to the Joint Venture Agreement on the Mkuvia Alluvial Gold Project (see the news release dated November 09, 2009 and related filings for full details of the Agreement).
The Company has also received a Notice of Satisfactory Due Diligence letter from Ruby Creek. By completion of this due diligence, Ruby Creek will make a further payment of $100,000 as per the Joint Venture Agreement. The next payment due to the Company of $400,000 will be made upon closing and Ruby Creek receiving its first mining license.
More about DLKM at: www.douglaslakeminerals.com
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