Uam, Dexo, Gbe, Avot, Savw - Market News From Drstockpick.com!

Nov. 22, 2010 - PRLog -- SavWatt USA, Inc. (SAVW.PK), pioneers in LED lighting and the Green revolution, announced that their first product has been approved and received Lighting Facts® Certification by the U.S. Department of Energy. As innovative LED lighting products emerge, the facts about LED lighting performance must hit the market with equal speed. Clear labeling on lighting performance is the critical link between innovation and successful market introduction. Lighting Facts® showcases LED luminaire manufacturers who commit to testing products and reporting performance results according to industry standards. For lighting buyers, designers, and energy efficiency programs, the Lighting Facts label provides information essential to evaluating products and identifying the best options.

Michael Haug, CEO of SavWatt, commented, "This is a proud and exciting moment for SavWatt, having Lighting Facts certification means we are one of the few companies that meet the U.S. Department of Energy standards. This endorsement means SavWatt's Brand has the quality and performance American consumers demand."

SavWatt is leading the LED lighting revolution and setting the stage to obsolete the incandescent light bulb through the use of energy-efficient, environmentally friendly LED lighting. SavWatt is a market-leading innovator of LED lighting. SavWatt's product families include LED fixtures, bulbs, Street Lights and Parking Lights

******************************************

American Video Teleconferencing Corp. (Pink Sheets:AVOT) is pleased to announce that it has hired a French speaking geologist to search the archives of the Quebec Department of Mines for Rare Earths showings not on a current computer file. The company believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. As neither the Federal nor Quebec Governments have carried out any air borne surveys in this area, the company will seek a contractor to do an air borne Mag-EM radiometric survey. This survey will cover its present holdings and the immediate surrounding area looking for future acquisitions. We are pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.

The use of rare earth elements in modern technology has increased radically over the past years. Rare earth elements are now incorporated into many technological devices, including; superconductors, samarium-cobalt and neodymium-iron-boron high-flux rare-earth magnets, electronic polishers, refining catalysts and hybrid car components (primarily batteries and magnets).



Presently the company is in the final stage of negotiations with Kondor Gold Pyt. in Australia.

The company will aggressively continue to search world-wide for opportunities in Precious, Base and Rare Earths metal projects.

******************************************

Grubb & Ellis Company  a leading real estate services and investment firm, announced third quarter 2010 revenue of $144.3 million, an increase of 6 percent, compared with revenue of $136.1 million for the third quarter of 2009. For the first nine months of 2010, the company reported revenue of $417.5 million, compared with revenue of $385.1 million for the comparable period of 2009. The company reported a net loss attributable to Grubb & Ellis Company on a GAAP basis of $14.8 million, or $0.27 per common share, for the third quarter of 2010, compared with a net loss of$21.4 million, or $0.34 per common share, for the third quarter of 2009. For the first nine months of 2010, the company reported a GAAP net loss attributable to Grubb & Ellis Company of $56.0 million, or $1.00 per common share, compared with a net loss of $95.7 million, or $1.51 per common share, for the first nine months of 2009.



******************************************

Dex One Corporation  announced its third quarter results. Alfred Mockett, recently appointed CEO of Dex One, stated, “I am delighted to join the company to lead it through the next phase of its evolution. My task is to transform the company and to create shareholder value by invigorating the sales effort, attacking the cost base, stabilizing the business and ultimately restoring the company to a path of profitable revenue growth. I have spent my early weeks in the company listening to our customers, employees and investors and it is clear there is a shared desire for quick and decisive action. We are hard at work, crafting a new and compelling vision for the future, articulating a strategy to deliver that vision and underpinning the strategy with a robust set of executable business plans.”



******************************************

Universal American Corp  announced financial results for the quarter ended September 30, 2010. Universal American’s reported net income was $60.7 million, or $0.77 per share. The reported net income includes non-recurring tax benefits of $7.8 million, or $0.10 per share, and after-tax realized gains of $3.6 million, or $0.04 per share. Excluding these items, net income for the third quarter of 2010 was $49.3 million, or $0.63 per share. Reported net income for the third quarter of 2010 includes $8.6 million, or $0.11 per share, of after-tax net prior period items. This compares to reported net income of $59.7 million, or $0.74 per share, in the third quarter of 2009, which included after-tax net realized losses of $3.1 million, or $0.04 per share, and a non-recurring tax benefit of $5.0 million, or $0.06 per share. The third quarter of 2009 included $11.9 million or $0.15 per share, of after-tax net prior period items.




************************************************************************

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.

Crown Equity Holdings Inc. (CRWE.OB) has received five thousand dollars and anticipates receiving another forty five thousand dollars in cash from a third party for (thirty) days of advertising for SavWatt USA, Inc. (SAVW.PK)

Crown Equity Holdings Inc. (CRWE.OB) anticipates to receive 2,000,000 shares of (144) restricted common stock of American Video Teleconferencing Corp. (AVOT.PK) from the company for 12 months IR Services