LAS VEGAS, July 20, 2010 (GLOBE NEWSWIRE) -- Crown Equity Holdings , Inc. (OTCBB:CRWE) announces today the following letter to all shareholders.
Dear Shareholders,
I see Crown Equity Holdings, Inc. continuing to consult, assist and provide organizations and small business owners with the knowledge required in taking their company public, as well as being one of a handful of companies that will transcend the artificial limitation of today's information and advertisement media distribution marketplace.
In fact, as I look at Crown Equity Holdings, Inc. today, I believe our company is prepared to manage this transition.
- Our financial statements are stronger than they have ever been before.
- We have high-caliber people working throughout our corporation who believe in our vision and strategies. (This year, our Company has nearly doubled its workforce from 17 to present number of 32. This is after the Company experienced a workforce increase of 225% in 2009.)
- Our brand is becoming globally recognized. (It is our goal to have all of CRWE's clients' press releases, articles and news content published in every major financial country's native language.)
- We have an excellent and growing core business.
- We have a strong set of new initiatives, as well as having powerful underlying technologies.
Our company has recently added Brilliant Innovator, a Pakistan business led by Zeeshan Shabbir with four (4) Middle Eastern correspondents to our CRWENewswire.com team. We are positioned to offer our readers a global perspective on top stories and world affairs from the Middle East, Far East and Europe to our line newswire, as well as having their assistance with developing our Arabic language websites.
Overall, I am confident that the future looks bright for you, our shareholders and everyone with a stake in the success of Crown Equity Holdings, Inc. As you may be aware of, we are in the process of implementing a forward stock split of our common stock on a one-for-ten basis. An effective date for the split has not been determined but is expected to occur in late July.
This split should benefit our shareholders by increasing the liquidity available to investors giving us the potential to attract more buyers of an institutional nature. Considering the large increase in income we experienced this past year, we are confident our future projected revenue stream will support this financial strategy.
We at Crown Equity Holdings, Inc. are excited about the opportunities ahead, and look forward to sharing our successes with you in the coming months. In fact, if you would send your e-mail address to me at (shareholder@crownequityholding.com) with a subject title of "Shareholder", I will keep you informed of our progress.
After all, our primary goal, as always, is building the Company's operations so that we may continue to create value for our shareholders. We thank you for your continued support!
Kenneth Bosket, President/CEO
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.
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.
For further details, please visit the Company's website at www.crownequityholdings.com.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements and changing price and market conditions. No assurance can be given that these are all the factors that could cause actual results to vary materially from the forward-looking statements.