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(EVF, MJS.V, SCI, AVOT, Q) Market Watch From PennyOmega.com

Posted, by pennylynnomega on January 5th, 2011

American Video Teleconferencing Corp. (PINK: AVOT) is pleased to announce that it is presently in final discussions to enter into a formal agreement to acquire an exclusive option on a molybdenum property in the Otter lake area in the province of Quebec, Canada.

The property has been dormant since the 1960's when Hupon Mining and Exploration carried out surface work, stripping, trenching and a minor drill program of 445 feet contained in 11 drill holes. Some of the sample results from the trenching in 1962 showed 0.94% to 25% molybdenum averaging 5-10%. These values were obtained from assessment files in the Department of Mines in Quebec City.

This property is only one of several advanced stage properties American Video has under consideration in the province of Quebec.

The 17 elements that are classified as "rare earth" are becoming an increasingly important part of our daily lives. Rare earth metals are the life blood of modern computers, batteries and alternative energies. For example, there are nearly ten pounds of the rare earth element, lanthanum, in every Toyota Prius engine. In addition, rare earth elements are vital to military technology. Contrary to the name, rare earth metals aren't particularly rare and can be found in most any continent. In recent weeks the US government has made important steps to increase production of these metals, as they will play an important part in President Obama's overhaul of U.S. energy.

China has started to severely restrict the exports of rare-earth materials, which often find use in “green” technology designs, including hybrid vehicles and energy-efficient lighting, as well as in the medical, defense, and consumer markets. The country delivers nearly 100% of the world’s rare-earth materials: 17 metals that are somewhat hard to refine and that tend to occur in the same ore deposits. The cutbacks have resulted in shock waves through the electronics industry and could force design changes in the near future.

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

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Majestic Gold Corp. (TSX.V:MJS) (FSE:MJT) is a Vancouver-based; TSX Venture Exchange and Frankfurt Exchange listed gold exploration and development company with a very advanced gold deposit in Shandong province of China.

China has a long history of gold production. As early as 1091 BC, gold was legalized as money (as an alternative to silk), circulating in little squares. Hebei province, one of the main mining areas, claims production for over three thousand years. The Zhao Yuan mine in Shandong province has been worked for over a thousand years; other Shandong mines date from the 17th century.

The Song Jiaguo Property is located on the Jiaodong Peninsula in Muping County, the Shandong Province, the People's Republic of China.

The property lies on the western edge of the Muping-Fushan Gold Belt, which hosts 20% of the known gold deposits on the Jiaodong Peninsula.

Gold production from the entire peninsula accounts for over 25% of China's annual gold production, presently estimated to be 288 tonnes or 9.3 M ounces.

Gold deposits in the belt are commonly controlled spatially by fault zones.

To the south of the property, the Pengjiakuang Gold Deposit (>650,000 oz) occurs in the same structural environment within Cretaceous Laiyiang conglomerates which underlie the Song Jiaguo Property.

For More Information, Go To: http://www.majesticgold.net

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Qwest Communications International Inc (NYSE:Q) announced that it has redeemed all of its outstanding 3.5 percent convertible notes due 2025 (the “Notes”). Approximately $1.1 billion of the Notes (par value) were redeemed for a total cash cost of $1.7 billion. Since February 2010, Qwest has reduced debt by about $3.3 billion as part of its plan to reduce debt by $3.5 billion by the end of the first quarter of 2011.

Qwest Communications International Inc. provides data, Internet, video, and voice services in the United States and internationally. The company offers its products and services using telecommunications network, which consists of voice and data switches, copper cables, fiber optic broadband cables, and other equipment to mass markets, business, and wholesale customers.

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Service Corp. International (NYSE:SCI) the largest provider of deathcare products and services in North America, announced that it had successfully completed its previously announced public offering of $250 million aggregate principal amount of its 7% Senior Notes due 2019. SCI intends to use the net proceeds from the offering to repay indebtedness under its credit facility and for general corporate purposes.

Service Corporation International provides deathcare products and services in the United States, Canada, and Germany. Its funeral service and cemetery operations consist of funeral service locations, cemeteries.

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Eaton Vance Senior Income Trust (NYSE:EVF) a closed-end management investment company, declared a monthly distribution of $0.036 per common share. As portfolio and market conditions change, the rate of future distributions may change. The distribution was paid on December 17, 2010, to shareholders of record on December 10, 2010.

Eaton Vance Senior Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States.

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Crown Equity Holdings Inc. (CRWE.OB) has received from the company 2,000,000 shares of (144) restricted common stock of American Video Teleconferencing Corp. (AVOT.PK) for 12 months IR Services and 1,000,000 shares of (144) restricted common stock for its IT services.

Crown Equity Holdings Inc. (CRWE.OB) has received twenty-five thousand dollars in cash from Majestic Gold Corp. (TSX Venture Exchange (TSX.V:MJS) and the Frankfurt Stock Exchange (FSE:MJT)) for 30 (thirty) days of advertising, as well as for assistance in becoming a fully reporting publicly trading Bulletin Board company.

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Authored by, pennylynnomega
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