Red Lion Hotels Corporation (NYSE:RLH) announced that it closed the previously announced sale of the Red Lion Hotel on Fifth Avenue in Seattle, WA. The property was purchased for $71 million, or approximately $239,000 a key, by an affiliate of Lowe Enterprises Investors (LEI). At closing, LEI entered into a franchise agreement with Red Lion Hotels Franchising, Inc. to continue to operate the property as a Red Lion hotel, managed by LEI affiliate, Destination Hotels & Resorts. The company also entered into an affiliation agreement with a subsidiary of Destination Hotels & Resorts to facilitate the cross-promotion of hotels between the companies.
Red Lion Hotels Corporation, a hospitality and leisure company, engages in the ownership, operation, and franchising of midscale, full, select, and limited service hotels under the Red Lion brand.
Crown Equity Holdings Inc., (CRWE)
Crown Equity Holdings Inc’s selection of Core Link reflects recent diversification beyond CRWE’s original charter as a provider of services and knowledge to small business owners taking their own companies public. In addition to these services, Crown Equity Holdings Inc has transitioned into a multifaceted media organization that publishes clients’ news online; sells advertising adjacent with its digital network targeted at a high-income audience; designs, hosts and maintains websites; produces marketing videos from concept to final product; crafts press releases and articles for maximum SEO; develops email campaigns; and forges branding campaigns to bolster client company images.
The increase popularity of the Internet and search engines has given businesses a powerful new marketing tool. Internet marketing is far superior to all other forms of marketing for the following reasons:
Volume: The Internet reaches over 20% of the world population, no other form of media comes close.
Globalization: The Internet crosses all borders and boundaries, essentially making the entire world your market place.
Cost Effectiveness: The cost of Internet marketing is just a fraction of cost of advertising on televisions or in print.
Targeting: Unlike advertisements on television or in newspapers and magazines that reach out to a broad audience, Internet search engines can bring your company’s website customers that are specifically looking for your products and services.
Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers. Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.
Crown Equity Holdings Inc. recently reported that its wholly owned subsidiary, Crown Tele Services Inc., has completed installing servers for its business, which is currently in the process of preparing to provide and offer its “VoIP” communication services to small, large and enterprise businesses.
For more information, visit http://www.crownequityholdings.com
Renren Inc. American Depositary (NYSE:RENN) announced its unaudited financial results for the first quarter ended March 31, 2011. First Quarter 2011 Highlights: Total net revenues were US$20.6 million, a 46.6% increase from the corresponding period in 2010. Online advertising revenues were US$8.1 million, a 100.5% increase from the corresponding period in 2010. Gross profit was US$16.5 million, a 57.6% increase from the corresponding period in 2010. Net loss was US$2.6 million, a 78.5% decrease from the corresponding period in 2010. Adjusted (1) net loss was US$1.1 million, compared to US$0.6 million adjusted net income in the corresponding period in 2010.
Renren Inc. operates a social networking Internet platform in China. Its platform enables users to connect and communicate with each other; share information and user-generated content; play online games; listen to music; and shop for deals.
VIASPACE, Inc. (VSPC)
The more common methods of transferring the biomass to other forms of energy and resources are the thermal and biochemical. The thermal conversion requires heat to convert the biomass into other compounds. The specific conditions of pressure, heat and chemicals convert same biomass to different products. The other method of conversion is natural and uses the organic nature of the biomass in this context. Biodegraders and microbes use the components in the biomass and convert them into other forms of chemicals. In this way biodiesel and other fuels can be generated provided the necessary conditions are fulfilled. Currently biomass is widely used to generate electricity. In this process the biomass is burnt and used to heat water, which produces steam. This steam is used in various steps to generate turbines and their electricity generators to produce electricity. The other important use of biomass is in the production of biogas.
VIASPACE is a clean energy company providing products and technology for renewable and alternative energy that reduce or eliminate dependence on fossil and high-pollutant energy sources. Through its majority-owned subsidiary, VIASPACE Green Energy Inc., the Company grows Giant King Grass as a low-carbon fuel for electricity generating power plants, as a feedstock for bio methane production and cellulosic biofuels such as ethanol and butanol, and for biochemicals and bioplastics. For more information, please go to www.viaspace.com or www.viaspacegreenenergy.com or contact Dr. Jan Vandersande, Director of Communications, at 800-517-8050 or IR@VIASPACE.com.
VIASPACE Inc. (OTC Bulletin Board:VSPC), and its renewable energy subsidiary VIASPACE Green Energy Inc. (OTC Bulletin Board:VGREF) announced that their Green Log� brand fireplace and campfire logs were exhibited at the National Hardware Show held in Las Vegas, Nevada from May 10-12, 2011. The National Hardware Show is an annual gathering of buyers and sellers in specialties such as hardware tools, lawn and garden, and outdoor living. The trade show was an ideal venue for the Company’s Green Log to be presented. Many of the major players in the fire log industry also exhibited at the show.
Chief Executive Carl Kukkonen stated, “The Green Log is a product that we have spent a lot of time and effort in developing. We believe the Green Log is the most eco-friendly fire log product on the market, and at the trade show, we were able to educate people about the many benefits of the Green Log.”
Mr. Sung Chang, President of VIASPACE Green Energy added, “The National Hardware Show allowed us to get the Green Log name out there. Many prospective customers were at the trade show along with our competitors in the fire log industry. From what was seen at the trade show, our competitors have already identified VIASPACE as a viable contender in the fire log industry. Potential buyers of the Green Log have expressed interest in our product and we are following up with them.”
The Green Log is VIASPACE’s first commercial product made with Giant King Grass. The fire log is a renewable and sustainable product as opposed to other artificial fire logs that are made with petroleum-based materials and trees that take decades to fully grow. The product takes just 3 minutes to fully light, and it burns for up to 5 hours.
Information on Green Logs is available on the VIASPACE website www.VIASPACE.com. A video about Green Logs was produced for use at the National Hardware Show and can be seen at the following link:
For more information, please go to www.viaspace.com
CIBER, Inc. (NYSE:CBR), a global information technology consulting and managed services company, is introducing its HealthPlan360 Sales Solution, a strategic set of tools and services to help health plan providers optimize the healthcare payer experience.
CIBER, Inc. operates as a system integration and information technology (IT) services consulting company in the United States and internationally.
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