Crwe, Cwbs On The Pennytobuck Stock Report

CRWE, Crown Equity Holdings (OTC.BB: CRWE)

Last Traded Price: $0.36

Latest News
CRWE Expands Its News Sources Out of Offices in Pakistan
Announced yesterday that CRWE has added a company known as Brilliant Innovator, a Pakistan business led by Zeeshan Shabbir with four (4) Mid East correspondents to its CRWENewswire.com team. Brilliant Innovator will add up to date news and world affairs from the Mid-East, Far East and Europe nto its on line news wire.

Crown Equity Holdings plans to add additional staff members in Pakistan to develop its Arabic language websites, as well as English translation of news occurring in Pakistan and elsewhere around the world.

Crown Equity Holdings Expanding Its Websites
Crown Equity Holdings, Inc. announced that it has assigned its team of programmers that are developing and maintaining financial news websites in all the major countries with established and accredited stock exchanges to also establish websites for various cities within every state of the U.S.



CRWEs Proprietary Network Technology allows their publishing department to get their content to millions of readers daily across the world. CRWE publishes financial content to all the major countries and covers all the accredited stock exchanges.

Crown Equity Holdings has also moved to a dedicated in-house advertising server, allowing for faster response and a wider variety of ad space offerings to those interested in advertising on their numerous internet and affiliate internet properties.

The goal for 2010 is to have all CRWEs clients press releases, articles and news content published in every major financial countrys native language.

Performance
Crown Equity Holdings, Inc has performed very well lately as you can see in the chart below. Investors seemed to have taken notice of Crown Equity as price and volume have been increasing in varying degrees of volatility.

Recently Announced
Crown Equity Holdings Expanding Its Websites

Crown Equity Holdings, Inc. Announces Forward Split


About CRWE

Crown Equity Holdings, Inc. is a company utilizing todays technology to advertise, promote and market public companies globally. CRWEs proprietary network technology allows their publishing department to get their content to millions of readers daily across the world. CRWE publishes financial content to all the major countries and covers all the accredited stock exchanges.

Crown Equity Holdings is currently in the process of expanding its in-house IT infrastructure. Although their current web page load time is better than 75% of other internet websites, when completed, the modifications will raise this load time to better then 90% of other internet websites while increasing website visitor capacity by 400%.

www.crownequityholdings.com



Commonwealth Bankshares, Inc. (Nasdaq:CWBS) announced that in recognition of their common goal to maintain the financial soundness of the Company, the Company and its banking subsidiary, Bank of the Commonwealth , have mutually entered into a written agreement with the Federal Reserve Bank of Richmond and the Virginia State Corporation Commission Bureau of Financial Institutions. Under the terms of the Agreement, CWBS and Bank of the Commonwealth committed to take certain actions to strengthen CWBS's and Bank of the Commonwealth's financial condition and maintain effective control over and supervision of major operations and activities, including credit risk management, capital, funding, liquidity and earnings.

Management and the Board have been working proactively over the past six months and have made significant progress in addressing many of the issues subsequently cited in the Agreement, while at the same time, we continue to serve our customers with the high level of service and dedication for which our franchise is recognized in the market," said Edward J. Woodard, Jr., CLBB, President and Chief Executive Officer.

The Agreement imposes no restriction on CWBS's products or services offered to customers, nor does it impose any type of penalties or fines upon the Company.

Commonwealth Bankshares, Inc. is the parent of Bank of the Commonwealth which opened its first office in Norfolk, Virginia, in 1971, creating a community bank that was attuned to local issues and could respond to the needs of local citizens and businesses. Over the last three decades, the Company's growth has mirrored that of the communities it serves. Today, Bank of the Commonwealth has 21 bank branches strategically located throughout the Hampton Roads and Eastern North Carolina regions and an extensive ATM network for added convenience. The Company continues to grow and develop new services and at the same time, maintains its longstanding commitment to personal service. Our slogan conveys our true corporate philosophy: "When you bank with us, you bank with your neighbors." Bank of the Commonwealth offers insurance services through its subsidiary BOC Insurance Agencies of Hampton Roads, Inc., title services through its subsidiary Executive Title Center, mortgage funding services through its subsidiary Bank of the Commonwealth Mortgage, and access to investment related services through its subsidiary Commonwealth Financial Advisors, LLC.* Additional information about the Company, its products and services, can be found on the Web at www.bankofthecommonwealth.com.

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