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(AAWW, GOLD, STZA, PTSH, EEGI) Market Updates From PennyOmega.com

Posted, by pennylynnomega on December 6th, 2010

Eline Entertainment Group, Inc. (PINK SHEETS:EEGI) released a statement from Mr. Sheng Chen, CEO of subsidiary Vu365:

"We at Vu365 are thrilled to team with EEGI. The web and casual gaming industry is one of the fastest growing leisure market sectors worldwide. Ours is an exciting company with a top-quality product that is only growing in popularity through the boom in online gaming. We expect this partnership with EEGI to raise the value of our company, as we are now able to expand our software development efforts to add to our already successful list of popular video game titles.

"We fully expect our existing revenues, currently in the $2 million USD range, to rise as the various projects we have in development, including an assortment of strategic web games, cyber games and 3-D large scale competitive games, land in the marketplace. These are exciting times for Vu365, and we look forward to a successful partnership with EEGI."

EEGI will keep investors updated as to future news from Vu365.

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PTS, Inc. (OTC.BB:PTSH) announced that through its ThinLine division has signed a 3-year Voice Over Internet Protocol (VOIP) contract with MC Universal Art.

MC Universal Art has been designing and installing quality framed art for over 30 years. They are a leading provider of wholesale and retail art frames, fine art prints, signed limited additions, as well as providing interior design consulting services. MC Universal Art works with leading interior designers, architects, and office furniture dealers - they help their wholesale clients achieve an environment that drives the image and identity they want to project for customers.

MC Universal Art is expanding its office and manufacturing infrastructure and required a scalable communications system that can handle their growth without effecting customer service. They also had a need to insure that their IT architecture would not be impacted with their communication upgrade.

"We were looking for a company that had VOIP expertise but also had the IT expertise to install, manage and scale our telecommunications infrastructure", said Macky Pannu CEO of MC Universal Art. "ThinLine met all of our criteria and we look forward to growing our services with them in the future," added Macky Pannu.

"I am impressed with MC Universal Art. They have a world class company and I am excited to have the opportunity to work with Macky and his team," said Raj Kalra CEO of PTS, Inc. "Our VOIP product will work perfectly to meet their existing demand, and will allow them to grow as quickly as they need so they can scale to keep up with their growth," added Raj Kalra.

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Liberty Starz Group (Nasdaq:LSTZA) and IAC announced that Liberty has exchanged its entire equity stake in IAC for a combination of operating assets and cash in a transaction intended to be tax-free to Liberty and IAC. Pursuant to the transaction, completed on December 1, Liberty exchanged approximately 12.8 million shares of IAC stock (consisting of approximately 8.5 million shares of Class B stock and 4.3 million shares of common stock, and representing approximately 60% of the total votes of all classes of IAC stock) for all of the capital stock of a wholly-owned subsidiary of IAC that holds the Evite and Gifts.com businesses, and approximately$220 million in cash. These assets will be attributed to the Liberty Interactive tracking stock group.

Liberty Starz Group engages in the video programming businesses. The company provides premium movie networks and programming distributed by cable operators, direct-to-home satellite providers, telephone companies, other distributors, and the Internet in the United States.

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Randgold Resources Ltd. (Nasdaq:GOLD) announced that, in accordance with FSA’s Disclosure Rules and Transparency Rules, its issued share capital consists of 91,089,370 (ninety one million eighty nine thousand and three hundred and seventy) ordinary shares of US$0.05 each. Each ordinary share carries the right to one vote in relation to all circumstances at general meetings of Randgold Resources. Randgold Resources holds 6,000 (six thousand) issued ordinary shares in Treasury. In addition, 75,139 (seventy five thousand and one hundred and thirty nine) ordinary shares, including ordinary shares represented by American Depositary Shares (”ADSs”) are currently held by Computershare Investor Services, Inc. on trust for former shareholders of Moto, who have yet to claim the ordinary shares (or ADSs, as applicable) to which they are entitled following the acquisition of Moto in October 2009. These shares (and ADSs, as applicable) will not confer voting rights whilst held on trust.

Randgold Resources Limited, together with its subsidiaries, engages in the mining and exploration of gold mines in West and Central Africa. The company primarily holds interests in the Loulo mine complex located in western Mali, bordering Senegal, adjacent to the Faleme River; and the Morila gold mine located in Mali.

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Atlas Air Worldwide Holdings Inc. (Nasdaq:AAWW) a leading global provider of air cargo assets and outsourced aircraft operating solutions, announced the promotion of Michael T. Steen to Executive Vice President, effective December 1, 2010. In addition to his promotion, he will continue to serve as AAWW’s Chief Commercial Officer. Mr. Steen oversees all aspects of the Company’s global sales and marketing activities, including strategy, new products and services, brand positioning and marketing communications. He joined the Company in April 2007.

Atlas Air Worldwide Holdings, Inc. provides air cargo and outsourced aircraft operating solutions worldwide. The company operates through four segments: Aircraft, Crew, Maintenance, and Insurance (ACMI); Air Mobility Command (AMC) Charter; Commercial Charter; and Dry Leasing.

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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 Eline Entertainment Group, Inc. (EEGI.PK)

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 PTS Inc.(PTSH.OB)

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Authored by, pennylynnomega
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