Compass Diversified Holdings (NYSE:CODI) announced that Joe Massoud, its Chief Executive Officer, has requested, and the Board has approved, a leave of absence to focus his attention on an informal regulatory inquiry that Mr. Massoud has received on matters unrelated to CODI. CODI also announced that its manager, Compass Group Management LLC (”CGM”), has nominated, and that its Board has approved, Alan Offenberg to assume the role of CEO on an interim basis, as well as Mr. Massoud’s seat on the Company’s Board of Directors. Commenting on the transition, Mr. Offenberg said, “I am honored to be able to serve CODI’s shareholders in this capacity. Joe will continue to be available to us during his leave and we are all very excited about the many opportunities the Company has to build value for our owners.”
Compass Diversified Holdings is a public investment firm specializing in acquiring controlling stakes in small to middle market companies. The firm seeks to make middle market and buyout investments.
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CRWE, Crown Equity Holdings Inc., CRWE.OB
With the growth of information on the internet has growth the amount of time people spend on it, which has in turn generated a new market for internet advertising. Some of the wealthiest companies in the world have made sure that they get a piece of the internet marketing pie, and for a good reason.
CRWE, together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers. CRWEoffers 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.
CRWE recently reported that it has extended its CRWENEWSWIRE global platform web presence and is now publishing online news and information to the following countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Ireland, Italy, Japan, Malaysia, Mexico, New Zealand, Russia, Singapore, South Africa, South Korea, Spain, Taiwan, United Arab Emirates and the United Kingdom, using their specific country code domain and native language.
Content published on the Net is automatically offered to an international audience of users. This makes the World Wide Web an incredibly cost-effective medium to publish information. Getting to greater than 190 countries.
More about CRWE at www.crownequityholdings.com
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PPWE, Proper Power & Energy, Inc., PPWE.PK
Everyone has been touched by America’s oil and natural gas industry. Farmers use fertilizer that comes from natural gas. Truckers use diesel fuel to transport goods to the markets.
Businesses count on oil and natural gas to make and sell their products and supply their services. If you purchase a loaf of bread, buy a new electronic gadget, or drive a car, you should consider yourself a part of the oil and natural gas industry. From airline pilots to welders, and all jobs in between, we’ve all take part in our energy future.
PPWE is an independent exploration and production company. The Company’s operations are in Kentucky, which provides for low risk developmental drilling and production, and Utah, which PPWE controls over 11,000 acres for its exploratory prospect.
Renowned geophysicist and consultant to PPWE, Robert Dunbar, believes the Utah prospect could hold up to one billion barrels of recoverable oil.
PPWE recently reported that it has been approached by two independent financing groups and has submitted a $10 million private placement memorandum to each of them. These two groups are seeking domestic oil and gas production in light of the Middle East tensions.
More about PPWE at www.properpower.com.
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Mac-Gray Corp. (NYSE:TUC) plans to broadcast its fourth-quarter and year-end 2010 financial results conference call live over the Internet on Thursday, March 10, 2011 at 10:00 a.m. ET. During the call, Stewart G. MacDonald, Mac-Gray’s chief executive officer and Michael J. Shea, executive vice president and chief financial officer, will summarize the Company’s fourth-quarter and year-end 2010 financial results, and review the business and operating highlights. To participate in the conference call, please dial (877) 407-5790 or (201) 689-8328. To listen to the live webcast, please visit the Investor Relations section of the Company’s website at www.macgray.com prior to the event’s broadcast.
Mac-Gray Corporation, together with its subsidiaries, operates as a laundry facilities management contractor in the United States.
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MEMC Electronic Materials Inc. (NYSE:WFR) announced that it intends to commence a private offering, subject to market and other conditions, of $500 million in aggregate principal amount of senior notes due 2019. The notes will be unsecured and guaranteed by certain of MEMC’s subsidiaries. The company plans to use the net proceeds of the offering for general corporate purposes, including working capital, capital expenditures, the construction of solar power projects, and acquisitions, investments, strategic transactions and joint ventures.
MEMC Electronic Materials, Inc. designs, manufactures, and sells silicon wafers for the semiconductor industry worldwide.
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