Crown Equity Holdings Inc. (CRWE.OB)

Crown Equity Holdings Inc. (OTCBB:CRWE) (http://www.crownequityholdings.com) just recently announced that its subsidiary company, Crown Tele Services Inc. (http://www.crownteleservices.com ) 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.

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.”

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.

Crown Equity Holdings Inc. (OTCBB:CRWE) reported its financial results for the nine month period ending September 30, 2010. Revenue for the nine months totaled $1,073,383 compared to $418,959 during 2009. The Company incurred an operating loss of $54,527 for the nine months ending September 30, 2010 compared to an operating loss of $36,923 during the same period in 2009. Net loss of $343,049 for the nine months ending September 30, 2010 compared to a net loss of $29,379 for the same period in 2009. The net loss in 2010 was attributed mostly to an unrealized loss of $307,544 on securities held by the Company.

“Our continued progress in operations including an operating profit of $7,251 during the last quarter shows a continued growth in our business,” commented Kenneth Bosket, President and CEO of Crown Equity Holdings Inc. “Not only do our financial results show strong growth during this year but our continued investment in infrastructure will support our future growth,” stated Bosket.

Crown Equity Holdings Inc. is extending its internet footprint internationally to include the following countries; Argentina, Brazil, Canada, China, France, Germany, Hong Kong, India, Indonesia, Italy, Japan, Korea, Malaysia, Mexico, New Zealand, Pakistan, Russia, Singapore, Spain, South Africa, Taiwan, United Arab Emirates and United Kingdom.

Douglas Lake Minerals Inc. (the “Company” or “Douglas Lake“) (OTCBB:DLKM; FRANKFURT:D60) is pleased to announce that the Commissioner for Minerals of Tanzania has confirmed the recording in the Central Register the transfer of 100% shares of each of the Prospecting License Nos. 6742/2010, 6743/2010, 6744/2010 and 6779/2010 from IPP Gold Limited to Douglas Lake Minerals Inc., and that such transfer has been duly recorded on the terms and conditions contained in such Prospecting Licenses. These Prospecting Licenses, which cover an area of approximately 800 square kilometers, form Douglas Lake’s recently acquired Handeni Project.

As previously announced, the Company has requested a geologist to prepare a Technical Report on the Handeni Project in accordance with the provisions of National Instrument 43-101 (”NI 43-101?) of the Canadian Securities Administrators. Upon receipt of the Technical Report the Company will file it on SEDAR at www.sedar.com.

Orbital Sciences Corporation Co (NYSE:ORB) announced that it has signed a contract with The Boeing Company (NYSE:BA) to provide the complete Fixed Satellite Services (FSS) segment of the MEXSAT satellite system for the Federal Government of Mexico. The Ministry of Communications and Transports is overseeing the three-satellite project, which includes two larger spacecraft (MEXSAT-1 and MEXSAT-2) provided by Boeing as well as the smaller MEXSAT-3 spacecraft provided by Orbital.
Orbital Sciences Corporation develops and manufactures small and medium-class rockets and space systems for commercial, military, and civil government customers. The company operates in three segments: Launch Vehicles, Satellites and Space Systems, and Advanced Space Programs.

John Hancock Bank and Thrift Opportunity Fund (NYSE:BTO) announced that its Board of Trustees, in evaluating strategic options to enhance shareholder value, has renewed the Fund’s share repurchase plan that is set to expire on December 31, 2010. The Fund’s Board of Trustees also approved amendments to the Fund’s investment objective and related investment policies to provide the Fund additional flexibility to invest in income generating securities.
John Hancock Bank and Thrift Opportunity Fund is a closed-ended equity mutual fund launched by John Hancock Funds, LLC. It is co-managed by John Hancock Advisers, LLC and MFC Global Investment Management (U.S.), LLC. The fund invests in the public equity markets of the United States.

Aeroflex Holding Corp. Common S (NYSE:ARX) announced it has used additional proceeds from Holding’s recent initial public offering to purchase $26.0 million of its 11.75% Senior Subordinated Unsecured Term Loans (the “Term Loan”) at a purchase price of $1,110 for each $1,000 of principal amount of Term Loan, plus accrued interest.
Aeroflex Holding Corp., through its subsidiary, Aeroflex Incorporated, designs, engineers, manufactures, and sells microelectronics, and test solution and measurement equipment in the United States, Europe, the Middle East, Asia, and Australia.

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