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Home > (CRWE, CNBKA, WLFC, MJS.V, OUTD) Stocks Report by PennyToBuck.com

(CRWE, CNBKA, WLFC, MJS.V, OUTD) Stocks Report by PennyToBuck.com

July 29th, 2011 at 09:16 am






Crown Equity Holdings Inc. (CRWE)

Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers.

Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.

Crown Equity Holdings, Inc. announced that it has extended its CRWENEWSWIRE global platform web presence and is now publishing online news and information to the following countries: Argentina, Australia, Brazil, China, France, Germany, India, Ireland, Italy, Japan, Malaysia, Mexico, New Zealand, Russia, Singapore, South Africa, South Korea, Spain, Taiwan, United Arab Emirates and the United Kingdom, using their specific country code domain and native language.

Today things are much different and easier with the emergence of the World Wide Web. The truth is that, there are numerous benefits of marketing online.The major benefit of marketing online is that it enables the individual to reach more of their target market with ease. Marketers don't have to leave their homes as the internet enables them to effectively endorse products and business opportunities to any country. This makes the earning potential unlimited and huge.

For more information, please visit their website: http://www.crownequityholdings.com

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Century Bancorp Inc. (NASDAQ:CNBKA) the parent company of Century Bank and Trust Company, announced that its Board of Directors has approved a reauthorization of the stock repurchase program. Under the program, the Company is reauthorized to repurchase up to 300,000 or less than 9% of Century Bancorp Class A Common Stock outstanding. This vote supercedes the previous program voted by the Board of Directors on July 13, 2010, which also authorized the Company to repurchase up to 300,000 or less than 9% of Century Bancorp Class A Common Stock.

Century Bancorp, Inc. operates as the holding company for Century Bank and Trust Company, which provides banking services to commercial enterprises, state and local governments and agencies, nonprofit organizations, and individuals in Massachusetts.

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Willis Lease Finance Corporation (Nasdaq:WLFC) has declared the regular monthly cash dividend for its 9% Series A, Cumulative Redeemable Preferred Stock (Nasdaq:WLFCP) of $0.075 per share. The preferred dividend will be paid on August 15, 2011 to shareholders of record as of August 5, 2011. Dividend checks will be mailed to shareholders who hold physical certificates. Shareholders who hold their preferred shares in a brokerage account will have the dividend paid directly into that account. Questions regarding dividend checks should be directed to the brokerage firm holding the securities or to American Stock Transfer & Trust at 800-937-5449.

Willis Lease Finance Corporation, together its subsidiaries, provides aviation services. It leases spare commercial aircraft engines and aircraft to commercial airlines, aircraft engine manufacturers, and air cargo carriers, as well as maintenance, repair, and overhaul facilities worldwide.

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Majestic Gold Corp. (MJS.V)

Majestic Gold Corp. engages in the acquisition, exploration, and mining of precious metals in China. The company primarily explores for gold deposits. It holds interest in the Song Jiaguo Property located on the Jiaodong Peninsula in Muping County, the Shandong Province. The company is headquartered in Vancouver, Canada.

Gold is an element which has the symbol Au and the atomic number 79. The pure gold comes with yellow color and pure can be transformed into any form and shape depending on usage. The color, charm, and the flexibility of gold made it as an ideal ornament and have been worn by both women and men, but mostly women preferred gold jewelry much more than any other metals. Even the more costly platinum did get the response as gold got among the women folks who just love adore the gold.

Majestic Gold Corp. (MJS.V) has arranged a $10,000,000 loan to advance its Song Jiagou project in China. Nine million dollars ($9,000,000) from the proceeds from the loan will be used by the Company to in connection with its Song Jiagou project and the balance of one million dollars ($1,000,000) for general working capital purposes.

The loan will have a one year term and loan principal will be convertible at the option of the lender in whole or in part into common shares ("Shares") of the Company until twelve months from the date of the loan advance at the price of $0.205 per Share. The loan will bear interest at the rate of 7.5% per annum, payable on maturity, and accrued and unpaid interest will be convertible at the option of the lender in whole or in part into shares of the Company until twelve months from the date of the loan advance at Market Price at the time of conversion.

The lender is at arm's length from the Company and will not become an insider as a result of any conversion of principal and interest. All shares issued on any conversion of loan principal or interest will be subject to a four month hold period from the date of advance of loan proceeds. The loan is subject to acceptance by the TSX Venture Exchange.

As additional consideration for the loan, the Company has agreed to forward at least $9 million to Majestic Yantai Gold Ltd., a British Virgin Islands company owned 94% by the Company to be used to further advance its Song Jiagou project. The Borrower has also agreed to a 90 day period for reciprocal due diligence reviews and discussions for the possible further involvement of the Lender in the Song Jiagou project.

In the event that no further agreement is reached between the Lender and the Company during the 90 day period, then the loan and a minimum of seven (7) months interest will automatically convert to shares in the Company at a price of $0.205 per share and the interest at Market Price respectively. In addition the Company is pleased to announce that it has arranged a non-brokered private placement of up to 15,000,000 shares to be issued at the price of $0.20 per share for gross proceeds of $3,000,000.

For more information, please visit their website: http://www.majesticgold.net

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Outdoor Channel Holdings, Inc. (NASDAQ:OUTD) announced that it will release its financial results for the second quarter of 2011 after the close of regular trading hours on Thursday, August 4, 2011. Management will host its regular quarterly investor conference call at 2:00 p.m. PDT (5:00 p.m. EDT) on the same day to review the Company's financial performance. Investment professionals and shareholders are invited to participate in the live call by dialing 800-798-2801 (domestic) or 617-614-6205 (international) and using participant passcode 17737916.

Outdoor Channel Holdings, Inc., through its subsidiaries, operates as an entertainment and media company in the United States.

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