Key Developments: Crown Equity Holdings Inc (CRWE.PK)
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13 May 2013
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200,000
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Latest Key Developments (Source: Significant Developments)
Cleantech Transit Inc Acquires CrownBuyRight.com From Crown Equity Holdings Inc.
Cleantech Transit Inc announced that it has acquired from Crown Equity Holdings Inc., Crown Buy Rite .Terms of the transaction were not disclosed. Full Article
Crown Equity Holdings Inc Announces Appointment Of Chairman-Form 8-K
Crown Equity Holdings Inc reported in its Form 8-K that on January 24, 2013, Crown Equity Holdings Inc. (Company) accepted the resignation of Director, Arnulfo Saucedo-Bardan, who left for personal reasons. Board member Mr. Steven Onoue has been appointed to Chairman. Full Article
Crown Equity Holdings Inc Announces Dissolution of Crown Tele Services Inc., as Joint Venture
Crown Equity Holdings Inc announced that its subsidiary Crown Tele Services Inc., an emerging VoIP (Voice over Internet Protocol) company, has dissolved its joint venture with Mr. Hemant Kumar and Mrs. Reetu Sherma by mutual agreement. Crown Equity Holdings Inc. will own 100% of Crown Tele Services Inc. Mr. Kumar was never formally appointed Chairman of the Board of Crown Tele Services Inc. Therefore, his resignation from that position was not necessary. The joint venture was for the purpose of developing and deploying VoIP services network on the behalf of Crown Tele Services Inc. Mr. Kumar and Mrs. Sherma will pursue other opportunities, as Crown Tele Services Inc. continues to grow its existing VoIP communication business. Full Article
Crown Equity Holdings Inc Announces Letter Of Intent With MVOX AG
Crown Equity Holdings Inc announced that its subsidiary Crown Tele Services Inc. has entered into a letter of intent with MVOX AG. MVOX AG, located in Germany, will work with Crown Tele Services Inc. as a technological partner in offering wireless broadband solutions (wireless carrier class infrastructure in high speed data and WiMAX). Full Article
Crown Equity Holdings Inc's Subsidiary Announces Letter Of Intent With BBN Solutions
Crown Equity Holdings Inc announced that its subsidiary Crown Tele Services Inc. has entered into a letter of intent with BBN Solutions. BBN Solutions, located in India, and Crown Tele Services Inc. shall form a 50/50 Joint Venture corporation for the purpose of granting to Crown Tele Services Inc., exclusive rights in the United States to BBN's telecommunications marketing process and services. Full Article
Crown Equity Holdings Inc Announces Dividend
Crown Equity Holdings Inc announced that its Board of Directors has adopted a resolution to a dividend consisting of one common share of Crown Tele Services Inc. for every 100 shares of Crown Equity Holdings Inc. common shares. Fractional shares will be rounded up to the next whole share. The dividend will be provided to all shareholders of record on January 15, 2012. Full Article
Crown Equity Holdings Inc Announces Joint Venture
Crown Equity Holdings Inc announced that it has entered into a joint venture with Hemant Kumar and Reetu Sherma to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly owned subsidiary of Crown Equity Holdings Inc. Mr. Kumar and Mrs. Sherma will own 50% of the joint venture and Crown Equity Holdings Inc. will own the remaining 50% interest in the joint venture. Mr. Kumar will be Chairman of the Board of Crown Tele Services Inc. Mr. Kumar will act as an advisor to the Company as the Company plans, develops and deploys a state of the art VoIP services network that the Company plans on launching. Full Article
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