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Home > (SZYM, CRWE, PBNY, RNST, MJS.V, CCOI) Stocks in Review by CRWEPicks.com

(SZYM, CRWE, PBNY, RNST, MJS.V, CCOI) Stocks in Review by CRWEPicks.com

July 29th, 2011 at 01:43 pm





Solazyme, Inc. (NASDAQ:SZYM) announced that the company will host a conference call and webcast on Thursday, August 4th 2011 at 4:30pm Eastern Time to discuss its second quarter 2011 financial results for the period that ended June 30, 2011. The call and webcast will follow the release of second quarter financial results after market close. A recorded version of the call will be available approximately 1 hour after the call at the Investor Relations portion of the company's website, www.solazyme.com.

Solazyme, Inc. is a renewable oil and bioproducts company that transforms a range of low-cost plant-based sugars into high-value oils.

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Crown Equity Holdings, Inc. (CRWE)

Online marketing is a combination of activities and analysis used to increase website traffic and search engine rankings. Online marketing is also commonly referred to as Search Marketing and Search Engine Marketing. The benefits of Web advertising significantly surpass that relating to traditional print publication via expenses, availability, broader customer markets, and the possibility of elevated income. Considering that standard art print techniques and also submission tend to be tried and true, the scientific trends from the Internet exceed that each and every level of the marketing process.

Crown Equity Holdings advertises your business adjacent with their digital network content to their targeted audience, which are educated high income individuals.

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.

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

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Provident New York Bancorp NASDAQ:PBNY), the parent company of Provident Bank, announced that the Board of Directors has declared a quarterly cash dividend of $0.06 per share. The dividend is payable August 18, 2011 to holders of record as of August 8, 2011.

Headquartered in Montebello, New York, Provident Bank, with $3.0 billion in assets, is the largest independent full-service community bank in the lower Hudson Valley.

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Renasant Corp. (NASDAQ:RNST) announced its financial results for the second quarter of 2011. Net income for the second quarter of 2011 was $5,757,000 as compared to $3,796,000 for the second quarter of 2010. Basic and diluted earnings per share were $0.23 during the second quarter of 2011 as compared to basic and diluted earnings per share of $0.18 for the second quarter of 2010. Net interest income was $32,607,000 for the second quarter of 2011, a 4.86% increase compared to the first quarter of 2011 and a 37.70% increase from the second quarter of 2010. The increase in net interest income during the second quarter of 2011 compared to the same period in 2010 is due to the net interest income from the FDIC-assisted acquisitions of Crescent Bank & Trust Company and American Trust Bank, both of which were completed subsequent to the second quarter of 2010. Net interest margin was 3.76% for the second quarter of 2011 as compared to 3.55% for the first quarter of 2011 and 3.15% for the second quarter of 2010.

Renasant Corporation, through its subsidiaries, provides financial and insurance services to retail and commercial customers.

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Majestic Gold Corp. (MJS.V)

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.

Gold is the most common precious metal used in high quality jewelry. Gold has a wonderful reflective property and can be polished to brilliant shine. Furthermore, gold does not rust, corrode or tarnish, and hence the shine will not fade with time.

Two features are important to understand, when talking about gold quality:
o karat, the measurement of the purity of the true gold content
o alloys, the process of mixing gold with other metals to create varying gold characteristics

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: http://www.majesticgold.net/homeabout.html

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Cogent Communications Group Inc. (NASDAQ:CCOI), one of the largest Internet service providers in the world, announced that Dave Schaeffer, Cogent's chief executive officer, will present at the Oppenheimer 14th Annual Technology & Communications Conference at 11:35 a.m. EDT, August 10th. The conference is being held at the Four Seasons Hotel Boston in Boston, MA.

Cogent Communications is a multinational, Tier 1 facilities-based ISP, consistently ranked as one of the top five networks in the world. Cogent specializes in providing businesses with high speed Internet access and point-to-point transport services.


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