LPHI, Life Partners Holdings, Inc.
LPHI reported that Travis County District Judge Stephen Yelenosky ruled that the life settlement transactions that it facilitates are not securities under Texas law.
Although subject to appeal, the ruling effectively ends the Texas Attorney General�s suit against LPHI, which had asserted that the 21-year-old company�s life settlement transactions were securities under Texas law.
In making its ruling, the Court denied all relief sought by Texas Attorney General Greg Abbott which includes an end to a temporary restraining order which will permit LPHI to pay the $0.10 dividend it had previously declared to shareholders of record as of September 3, 2012. The court made the ruling after a two-day evidentiary hearing.
LPHI is a financial services company and the parent company of Life Partners, Inc. (�LPI�), one of the oldest and most active companies in the United States engaged in the secondary market for life insurance known generally as �life settlements.�
More about LPHI at www.lphi.com.
GEVO, Gevo, Inc.
GEVO was downgraded from Buy to Sell by Brokerage Firm UBS
GEVO, a development stage renewable chemicals and biofuels company, focuses on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks.
More about GEVO at www.gevo.com
Internet has taken the concept of globalization to a new level and has opened up fresh avenues for doing business.
Crown Equity Holdings Inc., (CRWE) offers advertising branding and marketing services as a worldwide online multi-media 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 range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness.
CRWE�s division CRWE AD-Services (www.crwe-adservices.com), is a full service multimedia advertising company specializing in internet marketing. It provides modern and unique advertising campaigns, dedicated to offering the most cost effective advertising solutions.
More about CRWE at www.crownequityholdings.com.
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!
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