Crown Equity Holdings, Inc. Files Form 8K, Financial Statement
LAS VEGAS, March 10 /PRNewswire-FirstCall/ -- Crown Equity Holdings, Inc. (the "Company") (OTC Bulletin Board: CRWE) is pleased to report its financial information for the year ending 2009. Revenue for the year totaled $659,907 compared to $29,190 during 2008. Net income after taxes in 2009 was $93,927 compared to a net loss of $316,131 in 2008 with working capital increasing by $542,341 in 2009.
"We are pleased by the dramatic improvement by the Company during the past year over the previous year," commented Kenneth Bosket, President and CEO of Crown Equity Holdings, Inc. "Through the dedication of our team and the support of our clients, we were able to have a banner year, as well as set the stage to continue our impressive growth into the future," stated Bosket.
Crown Equity Holdings, Inc. has expanded its internet footprint internationally to include the following 20 countries; Argentina, Australia, Brazil, Canada, China, France, French-Canadian, Germany, Hong Kong, India, Ireland, Italy, Japan, Korea, Mexico, New Zealand, Singapore, Spain, Taiwan and the UK.
About Crown Equity Holdings, Inc.
Crown Equity Holdings, Inc. is a consulting organization which provides and assists small business owners with the knowledge required in taking their company public, and has re-focused its primary vision with its aligned group of independent website divisions to providing media advertising services, as a worldwide online media advertising publisher, dedicated to the distribution of quality branding information, as well as search engine optimization for its clients.
For more information, go to: www.crownequityholdings.com.
Forward-Looking Statements: This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements and/or Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
SOURCE Crown Equity Holdings, Inc.
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