Crown Equity Holdings, Inc. Announces Forward Split
June 22 2010 - 7:30AM
Marketwired
Crown Equity Holdings, Inc. (OTCBB: CRWE) announced that it will
implement a forward stock split of its common stock on a
one-for-ten basis. In connection with this forward split, the
Company will increase its authorized shares from 500,000,000 to
1,000,000,000 shares. An effective date for the split has not been
determined but is expected to occur in late July for shareholders
of record as of July 15, 2010.
Ken Bosket, CEO of Crown Equity Holdings, Inc., stated, "It has
been determined that this 1 - 10 forward split should benefit our
shareholders by increasing the amount of liquidity available to
investors therefore giving us the potential to attract more buyers
of an institutional nature. Considering the huge increase in income
Crown Equity Holdings, Inc. has experienced this past year, we are
confident our future projected revenue stream will more than
support this financial strategy."
Mr. Bosket said further that he was very pleased with the recent
performance of CRWE shares and believes this 1 for 10 split will be
an advantage to their shareholders.
About Crown Equity Holdings, Inc.
Crown Equity Holdings, Inc. is a company utilizing today's
technology to advertise, promote and market public companies
globally. CRWE's proprietary network technology allows their
publishing department to get their content to millions of readers
daily across the world. CRWE publishes financial content to all the
major countries and covers all the accredited stock exchanges. The
goal for 2010 is to have all CRWE's clients' press releases,
articles and news content published in every major financial
country's native language.
Crown Equity Holdings is currently in the process of expanding
its in-house IT infrastructure. Although their current web page
load time is better than 75% of other internet websites, when
completed, the modifications will raise this load time to better
then 90% of other internet websites while increasing website
visitor capacity by 400%.
Crown Equity Holdings has also moved to a dedicated in-house
advertising server, allowing for faster response and a wider
variety of ad space offerings to those interested in advertising on
their numerous internet and affiliate internet properties.
Kenneth Bosket President & CEO Crown Equity Holdings
702-448-1543 Fax: 702-479-7151
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