Eline Entertainment Group, Inc.'s (PINK SHEETS:EEGI) subsidiary Innovation Investment Group Inc. CEO Hong Wei attended a risk investor and decision-making course.
The course, named Risk Investor Decision-Making Flow, was instructed by IDGVC Partners, a China-focused investment firm with over US$2.5B capital under management. With an in-depth understanding of the local market, IDGVC invests in high quality companies with long-term growth potential and continuously dedicate themselves to the growth of great Chinese companies.
Ms. Hong Wei, a prominent motivational speaker in China and a firm believer in continuous education, attended the course in the morning and a service marketing conference in the afternoon, and was pleased with the course's informative structure.
More about EEGI at: www.elineentertainment.com
Tsakos Energy Navigation Ltd. (NYSE:TNP) announced the pricing of its offering of 7,623,328 common shares, including 896,861 common shares to be purchased by entities affiliated with the Tsakos family, at an initial reoffer price of $11.30 per share.
TNP has granted the underwriter a 30-day option to purchase an additional 1,008,968 common shares to cover overallotments, if any. TNP will use the net proceeds from the public offering for the expansion of its fleet and for general corporate purposes.
Tsakos Energy Navigation Ltd.'s pro forma fleet, which includes two newbuild suezmax tankers that are expected to be delivered in the second and third quarters of 2011 and one 2009-built panamax tanker that is expected to be delivered later this quarter, consists of 50 vessels with an average age of 6.5 years and approximately 5.3 million dwt, 21 of which are ice-class design.
Orion Marine Group, Inc (NYSE:ORN) a leading heavy civil marine contractor, reported net income for the three months ended September 30, 2010, of $7.1 million or $0.26 diluted earnings per share (based on 27,094,326 diluted shares outstanding). These results compare to net income of $5.4 million or $0.22 diluted earnings per share (based on 24,678,251 diluted shares outstanding) for the same period a year ago.
Orion Marine Group, Inc. operates as a marine specialty contractor serving the heavy civil marine infrastructure market. The company provides a range of marine construction and specialty services on, over, and under the water along the Gulf Coast, the Atlantic Seaboard, and the Caribbean Basin, as well as the Pacific Northwest.
EXCO Resources Inc. (NYSE:XCO) announced that its Board of Directors has formed a special committee consisting of Vincent J. Cebula and Mark F. Mulhern to, among other things, evaluate and determine the Company's response to the proposal made on October 29, 2010 by Douglas H. Miller, the Company's Chairman and Chief Executive Officer, to purchase all of the outstanding shares of stock of the Company for a cash purchase price of $20.50 per share.
EXCO Resources, Inc. is an oil and natural gas exploration, exploitation, development and production company headquartered in Dallas, Texas with principal operations in East Texas, North Louisiana, Appalachia and West Texas.
Sign Up for our Free Stock Newsletter at http://www.pennyotcstock.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. PennyOtcStock.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our 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 PennyOtcStock.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. (Read more athttp://pennyotcstock.com/disclaimer) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. 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.Crown Equity Holdings Inc. (CRWE.OB) has received five thousand dollars and anticipates receiving another forty five thousand dollars in cash from a third party for (thirty) days of advertising for Eline Entertainment Group, Inc. (EEGI.PK).