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Posts Tagged ‘PINK:ORFG’

LSTR, CLNO, ORFG, DRCO, AHII - Market News From DrStockPick.com!

Sunday, May 22nd, 2011

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Landstar System Inc. (Nasdaq:LSTR) announced it will provide a live webcast of its mid-quarter conference call for its 2011 second quarter on Friday, May 27th at 2:00 pm ET. To access the webcast, visit the Company’s website at www.landstar.com; click on “Investor Relations” and “Webcasts,” then click on “Landstar’s Mid-Second Quarter 2011 Conference Call.” For those unable to participate in the live call or for those who do not have access to the Internet, the call will be available on telephone replay for 48 hours. The telephone replay number for the U.S. and Canada is (800) 879-5510 and for international calls is (203) 369-3990.

Landstar System, Inc. operates as a non-asset based provider of freight transportation services and supply chain solutions. It operates in two segments, Transportation Logistics and Insurance.

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Cleantech Transit Inc. (”Cleantech”) (OTC.BB:CLNO) is focusing its efforts on building a portfolio of environmentally friendly green assets. Our goal is to create a self sustaining environment where we can produce and sell clean electricity for our domestic use. In addition Cleantech will expand its focus to other areas of sustainable energies including renewable resources such as Geothermal, Solar and Wind. Our goal is to use innovative technologies to reduce electricity consumption and dependence on carbon based energy.

A huge percentage of the world’s fossil fuels come from the world’s most volatile places. By reducing our dependence on oil derivatives, we in turn can reduce our dependence on foreign energy sources. By converting energy from waste Cleantech Transit hopes to help in increasing our country’s energy.

Cleantech Transit Inc. is pleased to announce that the previously announced 500 KW biomass gasification facility located in Merced, California has successfully passed its interconnection tests and is now connected to the utility distribution grid.

The gasification technology uses a non-combustion process to convert Ag and other woody residues into a hydrogen rich gas (”syngas”), which is then converted into electricity, along with heat and biochar (a useful byproduct that captures carbon in solid form and can be used as a soil amendment).

The Phoenix Energy technology used in Merced essentially cooks the biomass in an oxygen-deprived environment to release the elemental gasses from the wood. In the process biomass is converted into a carbon rich biochar. With the carbon fixed in solid form this process not only provides a valuable soil amendment but also serves as a source of carbon sequestration.

The Merced plant is expected to produce enough electricity to power about 400 homes. The plant connected to the electricity grid under California’s feed-in-tariff with a 15-year power purchase agreement.

To discover more about CLNO, Please visit: http://www.cleantechtransitinc.com/

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Orofino Gold Corp. (ORFG.PK) has been working with Colombian utilities supplier Electricaribe to establish power to the villages of the local populations within Orofino’s concessions. Buena Sena was supplied with electricity in July of 2010. And by mid May, Orofino expects to have complete electrical service established at La Azul.

La Azul’s connection is coming from an intermediate station operating at 13,200 cycles/second located in the town of Rio Viejo. Once operational, La Azul’s infrastructure is expected to initially be tied into a 50 kva transformer.

“When the power connection was established in Buena Sena last year, it was a very important date for that community,” explains Orofino President and CEO, Mr. Ary F. Pernett Marquez. “Imagine what it would be like to have publicly supplied electricity for the first time in your life. We’re excited that the residents and miners of La Azul will also be getting the benefits of such a vital piece of infrastructure.”

In addition to providing a critical piece of infrastructure to promote growth of La Azul village, Orofino expects the connection to the region’s power grid to significantly improve production capabilities of mine workers. As current production is being performed with outdated equipment powered only by generators, connecting La Azul to the region’s power grid will enable Orofino to introduce modern mining equipment and technology.

La Azul (formerly La Estrella) is an artisanal gold production mine in the Senderos de Oro area controlled by Orofino. La Azul is composed of a mixed sequence of predominantly volcanic rocks featuring vein systems comprised of high grade chalcopyrite, galena and sphalerite with pyrite in quartz viens.

It has been interpreted that the metallogenic zonation around the La Azul workings evokes a very viable “hidden porphyry” exploration model (Shaw, 1995). This interpretation and the prospectivity of the area have been confirmed by the Orofino “qualified person” as per the 43-101 rules.

As an already-producing mine, Orofino has begun moving aggressively to confirm the current mineralogical interpretations, fast-tracking analysis work with a goal of beginning drilling within the year. La Azul features numerous geological similarities to Greystar’s Angostura project and Ventana’s La Bodega project, but La Azul is suspected to be of a higher grade and more easily accessible.

Orofino Gold is a Colombian based gold producer, founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise. Orofino’s corporate objective is to continue to build shareholder value through the exploration and development of The Senderos de Oro Gold Camp and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.

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Dynamics Research Corp. (Nasdaq:DRCO) announced that it has been awarded two delivery orders with a combined value of $24.5 million for a base year with an additional option year period of performance. These contracts allow DRC to continue its efforts supporting mission-critical services in conjunction with the Unmanned Aircraft System (UAS) Predator/Reaper program.

Dynamics Research Corporation provides management consulting, engineering, technical, and information technology (IT) services and solutions to federal and state governments.

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Animal Health International, Inc. (Nasdaq:AHII) reported its financial results for the Company’s third fiscal quarter, which ended March 31, 2011. Results include the following highlights. Three Months Ended March 31, 2011. Net sales increased 9.6%, to $181.0 million, compared to $165.1 million for the same period a year ago. The increase in net sales was primarily attributable to improving economics in the production animal market as well as continued growth in AHII veterinary business. The improved economics in the production animal markets were driven by higher beef and milk prices, partially offset by higher grain prices. Growth in the veterinary business was attributable to the addition of new territories and the addition of new customers from a competitor who filed for bankruptcy. Gross margin increased $3.7 million for the quarter, with $2.7 million due to higher sales volume and $1.0 million due to a shift in mix to higher margin products. Margin for the quarter was 17.2% of net sales, compared to 16.6% last year.

Animal Health International, Inc., through its subsidiaries, sells and distributes animal health products, supplies, services, and technology in the United States, Canada, and Taiwan.

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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) anticipates receiving 2,000,000 shares of 144 restricted stocks from the company for 12 months of advertisement services for Cleantech Transit, Inc. (CLNO.OB)

Crown Equity Holdings Inc. (CRWE.OB) has previously received 500,000 shares of (144) restricted common stock and 500,000 shares of free trading shares from a third party (QU CUI You) for six months of advertisement services (which has expired) for Orofino Gold Corp. (PINK SHEETS:ORFG).

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Orofino Gold Corp (ORFG): Investors Complete Site Visit to Company’s Senderos de Oro Projects

Friday, May 20th, 2011

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MEDELLIN, Colombia, May 20, 2011 (CRWENEWSWIRE) — Orofino Gold Corp. (OTCQB:ORFG) President Ary Pernett and Vice President of Development Alfonso Calderon hosted investors interested in a firsthand look at the company’s Senderos de Oro projects. These visits come as investors consider the financial commitments necessary to fund exploration and provide modern mining techniques and equipment to the area.

The group spent four days in Colombia during which they had an opportunity to tour Orofino’s active mine sites at La Azul, Culo Alzado, and Buena Sena. The visit offered investors an opportunity to observe current artisanal gold production, and an in-person view of Colombia’s revitalized foreign investment opportunities and stability. Following this site visit, Orofino’s directors and investors are expected to prepare for the company’s future funding and development needs as it continues to expand exploration at Senderos de Oro.

Orofino Gold is a Colombian based gold producer, founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise. Orofino’s corporate objective is to continue to build shareholder value through the exploration and development of The Senderos de Oro Gold Camp and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.

Forward-Looking Statements: The statements by our officers, and other statements regarding optimism related to the business, expanding exploration and development activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about the Company’s business. Words such as expects, anticipates, intends, plans, believes, sees, estimates and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many risk factors that affect the industry the Company operates in and other risk factors listed from time to time in the Company’s Securities and Exchange Commission (SEC) filings under “risk factors” and elsewhere. The forward-looking statements contained in this press release speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

For further information, visit www.orofinogoldcorp.com

Source: Orofino Gold Corp.

 

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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. CRWENewswire.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 CRWENewswire.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://crwenewswire.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 previously received 500,000 shares of (144) restricted common stock and 500,000 shares of free trading shares from a third party (QU CUI You) for six months of advertisement services (which has expired) for Orofino Gold Corp. (PINK SHEETS:ORFG).

 
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ABBC, ORFG, NWPX, NHPR, EMCI - NASDAQ Stocks In The News From DrStockPick.com

Sunday, May 15th, 2011

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Abington Bancorp Inc. (Nasdaq:ABBC) reported net income of $1.5 million for the quarter ended March 31, 2011, compared to net income of $1.6 million for the quarter ended March 31, 2010. The Company’s basic and diluted earnings per share were each $0.08 for the first quarter of 2011 and 2010. On January 26, 2011, the Company announced the signing of a definitive merger agreement with Susquehanna Bancshares, Inc., (”Susquehanna”) pursuant to which the Company will be merged with Susquehanna in a stock transaction that was valued at approximately $273 million (the “Merger”). Under the terms of the merger agreement, shareholders the Company will receive 1.32 shares of Susquehanna common stock for each share of Company common stock. The Bank’s 20 branches in the suburban counties surrounding Philadelphia will join Susquehanna Bank’s network of 221 branches in Pennsylvania, New Jersey, Maryland and West Virginia. The combined company will have approximately $15 billion in assets, including $10 billion in loans, and $10 billion in deposits. The Merger is subject to shareholder and regulatory approvals and other customary closing conditions.
Abington Bancorp, Inc. operates as the holding company for Abington Savings Bank, doing business as Abington Bank that provides various financial products and services in Pennsylvania. The company was founded in 1867 and is headquartered in Jenkintown, Pennsylvania.

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Orofino Gold Corp. (OTCQB:ORFG) is releasing the results of an updated technical report on its mining concessions in Sur de Bolivar, Colombia. This 2010 report confirms and reinforces the promising findings of previous claim holders. This initial report was produced on behalf of Orofino by Thomas H. Carpenter, P.Geo of Discovery Consultants, Orofino’s Geological Consultants hired to assist with the production of a comprehensive 43-101 compliant report. In his analysis, Mr. Carpenter makes the following conclusion:

“[Shaw] observed that the Metallogenic zonation around Cerro San Carlos evokes a very viable ‘hidden porphyry’ exploration model. Based upon exploration carried out by Metallica it was clear that the area hosts significant gold, copper and silver mineralization, which may be amenable to the development of bulk-tonnage and/or high-grade underground gold-silver-copper exploration targets. [Shaw's] interpretation and the prospectivity of the area have been confirmed by the author.”

Mr. Carpenter’s findings reiterate the potential of Orofino’s concessions and why Guavita S.A., Metallica Resources, AngloGold, and others have valued them over the years. Mr. Carpenter’s confirmation of earlier analysis is assisting Orofino as it progresses toward ultimate development of these sought-after claims. For access to the complete Carpenter report, as well as the original report by Robert P. Shaw, P.Geo, visit www.orofinogoldcorp.com.

Gold’s Usefulness as a safe haven:

The geo-political and world economic structure is currently undergoing major change-some have even called the situation an “upheaval.” This means that the investment outlook, particularly for certain parts of the world, is more unpredictable than usual. Under these circumstances, it is logical to conclude that certain investment portfolios should include real (non-paper) assets such as commodities for protection against a potential decline in the paper markets.

Gold is the most malleable and ductile of all metals; a single gram can be beaten into a sheet of 1 square meter, or an ounce into 300 square feet. Gold leaf can be beaten thin enough to become translucent. The transmitted light appears greenish blue, because gold strongly reflects yellow and red. Such semi-transparent sheets also strongly reflect infrared light, making them useful as infrared (radiant heat) shields in visors of heat-resistant suits, and in sun-visors for spacesuits.

Orofino Gold Corp. is an International gold company focused on the acquisition, exploration and development of gold properties in Mexico and Colombia. ORFG has reviewed several bulk minable properties and has signed an option to acquire properties in the Sur de Bolivar Department of Colombia South America.

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Northwest Pipe Co. (Nasdaq:NWPX) announced that it has filed with the Securities and Exchange Commission its Quarterly Report on Form 10-Q for the quarter ended March 31, 2011. Sales for the quarter ended March 31, 2011 increased 38.7% to $111.5 million compared to $80.4 million in the quarter ended March 31, 2010. Gross profit was $15.6 million (14.0% of sales) in the first quarter of 2011, an increase of $6.5 million from $9.1 million (11.3% of net sales) in the same quarter of 2010. Net income for the first quarter of 2011 was $3.6 million or $0.38 per diluted share compared to $1.1 million or $0.11 per diluted share for the same period in 2010. Water Transmission sales increased by 11.3% to $58.6 million in the first quarter of 2011 from $52.7 million in 2010. The increase in sales was due to a 23% increase in selling prices, partially offset by a 10% decrease in volume. Water Transmission gross profit increased to $10.2 million (17.4% of segment net sales) in the first quarter of 2011 from $6.7 million (12.7% of segment net sales) in the same quarter of the prior year. Water Transmission sales and gross profit were favorably impacted by the mix of contracts produced during the quarter.
Northwest Pipe Company manufactures and markets large-diameter, high-pressure steel pipeline systems for use in water infrastructure applications, primarily related to drinking water systems. Its pipeline systems are also used for hydroelectric power systems, wastewater systems, and other applications.

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http://pennyomega.com/img/nhpr.jpg National Health Partners, Inc. (NHPR.OB)

How much health insurance will dent your wallet depends on your age, the condition of your health (how healthy or impaired you are), the area of the country you live, your income, and what your employment is. The necessity for affordable healthcare selections has never been greater. National Health Partners, Inc. (OTCBB:NHPR) is pleased to announce the launch of a new network marketing program by one of its strategic partners, Xpress Healthcare, LLC. Xpress Healthcare has teamed up with CARExpress in an effort to revolutionize the discount healthcare industry while at the same time bringing financial freedom to families across the nation.

Xpress Healthcare has developed a first-class business platform that will enable brokers to develop their own business while generating strong monthly cash flows. By combining a first-rate platform for supporting a fast growing network of brokers with top notch individuals to head up their sales and training programs, Xpress Healthcare is now poised for significant growth. Xpress Healthcare is headed by two very talented individuals and co-founders, Ed Pettola and Dan Gambardello, who have worked diligently to create a very strong corporate infrastructure for their broker network.

Xpress Healthcare has added a lot of depth to their management team including two individuals who have participated in the Million Dollar Round Table, a prestigious position in the insurance marketplace. National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called “CARExpress.”

CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. National Health Partners’ primary target customer group is the 47 million Americans who have no health insurance of any kind. National Health Partners’ secondary target customer group includes the millions of Americans who lack complete health insurance coverage.

To learn more about NHPR visit: http://www.nationalhealthpartners.com

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EMC Insurance Group Inc. (Nasdaq:EMCI) reported an operating loss of $0.01 per share for the first quarter ended March 31, 2011, compared to operating income of $0.73 per share for the first quarter of 2011. Net income, including realized investment gains and losses, totaled $5,221,000 ($0.40 per share) for the first quarter of 2011 compared to $9,878,000 ($0.75 per share) for the first quarter of 2010. “First quarter 2011 is a stark reminder of our business purpose to insure our policyholders against loss. Our hearts go out to all those affected by the catastrophic events of the first quarter,” stated Bruce G. Kelley, President and Chief Executive Officer. “Both our property and casualty insurance and our reinsurance segments tallied large losses from national and world-wide events of the quarter.”
EMC Insurance Group Inc., through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. The company operates through two segments, Property and Casualty Insurance, and Reinsurance.

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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 previously received 500,000 shares of (144) restricted common stock and 500,000 shares of free trading shares from a third party (QU CUI You) for six months of advertisement services (which has expired) for Orofino Gold Corp. (PINK SHEETS:ORFG). Crown Equity Holdings Inc. (CRWE.OB) has received 3,000,000 shares of (144) restricted common stock from the company and 3,000,000 shares of free trading shares from a third party (PIERRE BESUCHET) for six months of advertisement services for National Health Partners Inc. (NHPR.OB).

 
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KFRC, NHPR, ORFG, BLKB, ISSI - Stock Highlights From DrStockPick.com!

Saturday, May 14th, 2011

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Kforce Inc. (Nasdaq:KFRC) announced results for its first quarter of 2011. Revenue for the quarter ended March 31, 2011 was $262.4 million compared to $258.5 million for the quarter ended December 31, 2010, an increase of 1.5% and compared to $226.7 million for the quarter ended March 31, 2010, an increase of 15.8%. For the quarter ended March 31, 2011, Kforce reported net income of $4.8 million, or $0.12 per share, versus $6.3 million, or $0.16 per share, for the quarter ended December 31, 2010, a decrease of 23.6% in net income and 25.0% in EPS. Net income and EPS for the first quarter of 2011 increased 78.7% and 71.4%, respectively, versus the first quarter of 2010, which had net income of $2.7 million, or $0.07 per share.

Kforce Inc., together with its subsidiaries, provides professional and technical specialty staffing services and solutions to the federal government, state and local governments, local and regional companies, and small to mid-sized companies in the United States.

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More than 50 million Americans are uninsured: More than 7 million of them are children; more than eight out of 10 are in working families. They are our friends, neighbors and colleagues–forced to gamble every day that they won’t get sick or injured.

Living without health insurance is a risk no one should have to take.

The healthcare industry remains in a state of turmoil and crisis. Each year, the cost of insurance skyrockets. The uninsured rate is higher among people with lower incomes.

The need for affordable healthcare alternatives has never been greater.

National Health Partners, Inc. (OTCBB:NHPR.ob), a leading provider of discount healthcare membership programs, has signed a new agreement with a major marketing company that will significantly enhance the growth of its CARExpress membership base.

This is the second major signing for the company in the last few weeks. This deal, in combination with the partnership that was announced a few weeks ago, will enable the company to build its membership base exponentially, initially generating in excess of an additional 2,000 new members per month. The new campaign is set to launch within the next few weeks and will provide a material positive impact on the company’s 2nd quarter sales.

“I am very excited about the new signings that we have achieved over the past few weeks,” stated David M. Daniels, National Health Partners’ President and CEO. “”We anticipate that this new marketing agreement will provide a major impact on our overall sales not only for the 2nd quarter, but more importantly for the year. We look forward to building on the profits that we anticipate generating in 2011 that will be driven by substantial growth in sales of our CARExpress health discount programs. The combination of our substantial growth with our low price-to-equity ratio should reflect itself in the price of our stock over the coming months.”

National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called “CARExpress.” CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. The company’s primary target customer group is the 47 million Americans who have no health insurance of any kind. The company’s secondary target customer group includes the millions of Americans who lack complete health insurance coverage. The company is headquartered in Horsham, Pennsylvania.

More about NHPR at www.nationalhealthpartners.com

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Gold is the metal of love. It owns the moment when “I will” becomes “I do”. In jewellery form, it can quicken the heart-rate and grow in significance to become the most precious possession a woman will ever own.

Orofino Gold Corp. (ORFG.PK) has been working with Colombian utilities supplier Electricaribe to establish power to the villages of the local populations within Orofino’s concessions. Buena Sena was supplied with electricity in July of 2010. And by mid May, Orofino expects to have complete electrical service established at La Azul.

La Azul’s connection is coming from an intermediate station operating at 13,200 cycles/second located in the town of Rio Viejo. Once operational, La Azul’s infrastructure is expected to initially be tied into a 50 kva transformer.

“When the power connection was established in Buena Sena last year, it was a very important date for that community,” explains Orofino President and CEO, Mr. Ary F. Pernett Marquez. “Imagine what it would be like to have publicly supplied electricity for the first time in your life. We’re excited that the residents and miners of La Azul will also be getting the benefits of such a vital piece of infrastructure.”

In addition to providing a critical piece of infrastructure to promote growth of La Azul village, Orofino expects the connection to the region’s power grid to significantly improve production capabilities of mine workers. As current production is being performed with outdated equipment powered only by generators, connecting La Azul to the region’s power grid will enable Orofino to introduce modern mining equipment and technology.

Orofino Gold is a Colombian based gold producer, founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise. Orofino’s corporate objective is to continue to build shareholder value through the exploration and development of The Senderos de Oro Gold Camp and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.

To learn more about ORFG visit: http://www.orofinogold.com

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Blackbaud, Inc. (Nasdaq:BLKB) announced financial results for its first quarter ended March 31, 2011. Marc Chardon, Chief Executive Officer of Blackbaud, stated, “The first quarter was a solid start to 2011 as the company’s revenue and profit growth accelerated and exceeded the high-end of our guidance. The growing momentum of our business is evidenced by our total revenue returning to double digit growth for the first time in over two years.”

Blackbaud, Inc. provides software and related services for nonprofit organizations worldwide.

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Integrated Silicon Solution, Inc. (Nasdaq:ISSI) reported its financial results for the second fiscal quarter ended March 31, 2011. Reported total revenue of $63.3 million, consisting of SRAM and DRAM revenue of $59.6 million, an increase of 15.6 percent over the same quarter last year, and analog revenue of $3.7 million in the two months since the acquisition of Si En; Achieved GAAP net income of $5.8 million, or $0.20 per diluted share, and non-GAAP net income of $7.4 million, or $0.26 per diluted share.

Integrated Silicon Solution, Inc., a fabless semiconductor company, designs and markets integrated circuits for digital consumer electronics, networking, mobile communications, automotive electronics, and industrial markets.

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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 3,000,000 shares of (144) restricted common stock from the company and 3,000,000 shares of free trading shares from a third party (PIERRE BESUCHET) for six months of advertisement services for National Health Partners Inc. (NHPR.OB).

Crown Equity Holdings Inc. (CRWE.OB) has previously received 500,000 shares of (144) restricted common stock and 500,000 shares of free trading shares from a third party (QU CUI You) for six months of advertisement services (which has expired) for Orofino Gold Corp. (PINK SHEETS:ORFG).

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Orofino Gold Corp. (ORFG) Plans to Retain SEPRO to Increase Recoveries

Monday, May 9th, 2011

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MEDELLIN, Colombia, May 9, 2011 /CRWENEWSWIRE/ — Orofino Gold Corp. (OTCQB:ORFG) announces that it has requested Sepro Systems Corp. to assist in the design criteria to improve environmental sensitivity and maximize yield production and recoveries as it begins development at its Culo Alzado mine site in Sur de Bolivar, Colombia.

Canadian-based Sepro Systems Corp. is a leading supplier of state-of-the-art, environmentally sensitive mineral processing equipment for projects worldwide.

Recent permitting issues for Colombian based Gold projects due to environmental concerns from the Colombian government have made sustainable and environmentally conscious mining programs a top priority for many of the region’s mining companies. Orofino’s directors and management feel taking steps to ensure sustainability from the beginning of its exploration process is part of the company’s responsibility to the local population and government. These steps will also better position the company for long-term development of its concessions thanks to a decreased environmental impact.

In addition to positioning Orofino for environmentally sustainable growth, installing Sepro equipment at its Culo Alzado mine site will also dramatically improve recoveries of minerals from current workings. Orofino intends to install new, state-of-the-art crushing, milling, and recovery systems in order to begin a regular sampling program as laid-out by the company’s Qualified Person as described in the National Instrument 43-101. This equipment will enable Orofino to generate regular, up-to-date metallurgical and geological reports, improving knowledge of the composition of the producing concessions and increasing investor confidence.

Orofino Gold is a Colombian based gold producer, founded as a private company in 2009 by former executives with over 50 cumulative years in mining exploration, finance, and development expertise. Orofino’s corporate objective is to continue to build shareholder value through the exploration and development of The Senderos de Oro Gold Camp and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.

Forward-Looking Statements: The statements by our officers, and other statements regarding optimism related to the business, expanding exploration and development activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about the Company’s business. Words such as expects, anticipates, intends, plans, believes, sees, estimates and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many risk factors that affect the industry the Company operates in and other risk factors listed from time to time in the Company’s Securities and Exchange Commission (SEC) filings under “risk factors” and elsewhere. The forward-looking statements contained in this press release speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

Source: Orofino Gold Corp.

For further information, visit www.orofinogoldcorp.com

 

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