Legend Oil and Gas Ltd (LOGL.OB)
Legend Oil and Gas Ltd. (OTCBB:LOGL.OB) is a managed risk, oil and gas exploration/exploitation, development and production company with activities currently focused on leases in Canada, southeastern Kansas and northern North Dakota.
Legend is pleased to announce that the three wells drilled in Piqua, Kansas in December 2011 have been completed and placed on production. Early results suggest that these wells should perform similarly to our previous development program (three new wells and one re-completed well during 2011). With the positive results of our drilling activities, we are planning a 10 well development program for the spring of 2012. We believe the results of our drilling to date will allow us to accelerate our “ramp-up” of development on the property, with more than 50 drilling locations identified.
Legend is also pleased to announce the appointment of two new independent directors to our Board of Directors, Mr. Alan Jochelson and Mr. John Busey. This brings the current number of directors on our Board to four, with the expectation of an additional appointee within the next several weeks. These appointments reflect our corporate governance objective of having a majority of independent directors on our Board.
With the addition of these new board members, our Board established an Audit Committee and Compensation Committee, and appointed Messrs. Jochelson and Busey to these Committees. A third committee, overseeing our oil and gas reserves, will be established once the board appointments have been completed. Each committee will be subject to its own charter respective of its function and the duties of its members.
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Tennant Company (NYSE:TNC) reported net earnings of $11.3 million, or $0.59 per diluted share, on net sales of $193.2 million for the fourth quarter ended December 31, 2011. In the 2010 fourth quarter, Tennant reported net earnings of $17.0 million, or $0.88 per diluted share, on net sales of $182.8 million. Results in the 2010 fourth quarter included net special benefits of $0.48 per diluted share, primarily related to tax benefits from an international entity restructuring. Excluding special benefits, adjusted 2010 fourth quarter earnings totaled $0.40 per diluted share.
Tennant Company engages in the design, manufacture, and marketing cleaning solutions worldwide. The company offers floor maintenance and outdoor cleaning equipment; chemical-free cleaning technologies; and specialty surface coatings and related products for protecting, repairing, and upgrading floors.
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Crown Equity Holdings Inc. (CRWE)
Crown Equity Holdings’ CRWE AD Services (www.crwe-adservices.com) is a full service multimedia advertising company specializing in internet marketing along with the company’s latest addition.
After becoming a publishing company, CRWE has been evolving as a worldwide online multimedia advertising publisher. CRWE’s main focus is on the distribution of current information to a target audience to which advertisers want to reach. To grow, they must diversify and the CRWE’s family continues to expand.
CRWE offers advertising branding and marketing services as a worldwide online multimedia publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience, and the advertisers that want to reach them. CRWE’s advertising services cover and connect a wide-range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness.
Internet advertising is a type of advertisement where advertisement of services and products are carried by utilizing World Wide Web and Internet. The main purpose of these advertisements is that through these the company delievers the marketing messages and attract the potential customers. Some of the examples online advertising are social networking advertising e-mail marketing, advertising networks, online classified advertising, interstitial advertising, Rich Media advertising, banner advertising, and contextual advertising on SEO results pages.
For more information about Crown Equity Holdings Inc., please visit: www.crownequityholdings.com
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Fortress Investment Group LLC (NYSE:FIG) plans to announce its 2011 fourth quarter and full year financial results and its 2011 fourth quarter dividend on Tuesday, February 28, 2012 at approximately 6:30 A.M. Eastern Time. A copy of the press release will be posted to the Investor Relations section of Fortress’s website, www.fortress.com.
Fortress Investment Group LLC is a publicly owned investment manager. The firm provides its services to pooled investment vehicles, pension and profit sharing plans, corporations, institutional managed accounts and structured products, banking or thrift institutions, investment companies, charitable organizations, and state or municipal government entities.
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