First Clover Leaf Financial Corp. (Nasdaq:FCLF) announced the approval by its Board of Directors of a cash dividend on its outstanding common stock of $0.06 per share for the quarter ended June 30, 2011. The dividend will be payable to stockholders of record as of August 12, 2011 and is expected to be paid on August 19, 2011. The Company has 7,860,621 shares of common stock outstanding.
First Clover Leaf Financial Corp. operates as the holding company for First Clover Leaf Bank, a federal savings bank that provides various banking products and services in Illinois.
*************************************
Majestic Gold Corp. (MJS.V)
The physical properties of gold, the element, and physical properties of gold metal are the same.
The symbol of gold is Au which is short for Aurum, its Latin name. The Latin name Aurum means 'shining dawn'. The English name 'gold' is derived from an old English word 'geolo', meaning yellow. Gold has been classified as a transition metal in the periodic table and it has an atomic number of 79.Its atomic mass number is 196.9665.
Gold is a highly ductile metal. This means that it can be drawn into wires easily. One of the primary uses of gold wires is solely for investment purposes.
It is also a malleable metal. This means, it can be beaten into sheets. For instance, if you happen to take a piece of gold that weighs less than even a single ounce, you can beat it into a sheet that can cover an area of approximately 6-7 square meters.
Majestic Gold Corp. engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.
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 about company: www.majesticgold.net
*************************************
Altisource Portfolio Solutions S.A. (Nasdaq:ASPS) recognized $144.2 million of Service Revenue for the six months ended June 30, 2011, a 30% increase over the same period in 2010. The Company sequentially grew Service Revenue in the second quarter through higher sales of Real Estate Owned (REO) properties, due to seasonality and expansion of the title insurance business. Sequential growth in Service Revenue was constrained by Financial Services, due to seasonality as well as completion of a temporary assignment in the first quarter, and by Mortgage Services due to decreased foreclosure referrals which resulted in reduced title search and default management services revenues.
Altisource Portfolio Solutions S.A. provides services related to real estate and mortgage portfolio management, asset recovery, and customer relationship management primarily in the United States.
*************************************
Crown Equity Holdings, Inc. (CRWE)
Advertise your business adjacent with Crown Equity Holdings' digital network content to their targeted audience, which are educated high income individuals. Since we are associated with many sites, your banner and/or information could appear on other sites as well.
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.
The amount of time people spends on the internet to gather information has increased enormously which has resulted to generate a new market for online advertising.
When a company is looking for opportunities to advertise in a specific market, the online advertising offers some targeting methods which insure that the visitors who see the ads are the ones most likely to be your customers.
Online Advertising can track the performance of the ads such as number of impressions an ad receives, the number of visits their business web site gets from particular ads, enabling the advertiser to see the kind of conversion that happens from online advertisement.
During the last decade, we have witnessed the explosive expansion in internet advertising and marketing. Out of the number of procedures used for online-based internet marketing, banner advertising through the internet is a top one.
World Wide Web or internet banner marketing has served a lot of individuals as nicely as businesses to preserve large amounts of capital and, at the same time, reaching possible clientele. Countless firms have seriously crafted the use of web banner promoting and are currently making use of it equally for their monetary prerequisites and any associated advertising necessities.
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 its 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.
For more information, visit http://www.crownequityholdings.com
*************************************
21Vianet Group Inc (Nasdaq:VNET) announced that it will present at Pacific Crest's 13th Annual Technology Leadership Forum to be held August 7-9, 2011 at Sonnealp Resort in Vail, CO. Management is currently scheduled to meet with institutional investors and to present on Tuesday, August 9, 2011.
21Vianet Group, Inc. provides carrier-neutral Internet data center services in China. It provides hosting and related services, managed network services, and cloud computing infrastructure, enhancing the reliability, security, and speed of its customers' Internet connections through 21Vianet's Internet infrastructure.
*******************************************
Sign-Up For Free Hot Stock Alerts At http://stockhottips.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. StockHotTips.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers.Our disclaimer (http://stockhottips.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 StockHotTips.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. 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.
(FCLF, MJS.V, ASPS, CRWE, VNET) Stock Updates by StockHotTips.com
August 3rd, 2011 at 09:35 am