VisionChina Media (VISN) Q2 FY2013 Financial Results, Crown Equity
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VisionChina Media Inc. (Nasdaq:VISN)
Shares of VISN surged on Monday after the company reported substantial financial improvements in Q2 FY2013, posting total revenues of $26.7M, a 56.3% increase sequentially, in line with VISN 's revenue guidance, and gross profit of $4.5M compared to gross loss of $5.1M in Q1 FY2013.
VISN stock last trade was at $4.54, up $2.09 or 85.31%, with volume of 1,092,385 shares
VISN operates an out-of-home advertising network on mass transportation systems, including buses and subways.
More about VisionChina Media Inc. (Nasdaq:VISN) at www.visionchina.cn
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Crown Equity Holdings Inc. (OTCMKTS:CRWE)
CRWE has refocused its efforts and direction to an online business-to-business (B2B) marketplace platform for manufacturers and small to large businesses on a global basis to sell and acquire various types of merchandise.
Strategic plans are also being developed for CRWE ’s online video-sharing and VoIP communication projects to improve the potential future growth for the company.
Social media marketing is not just a trendy word, it is fast becoming and in some cases already is a viable acquisition channel for most businesses.
The increased use of video advertising and also video viewing continued in 2012 and will increase again and again for the next five or so years according to industry trends.
Youtube's Statistics:
1. More than 1 billion unique users visit YouTube each month
2. Over 6 billion hours of video are watched each month on YouTube—that's almost an hour for every person on Earth, and 50% more than last year
3. 100 hours of video are uploaded to YouTube every minute
4. 70% of YouTube traffic comes from outside the US
5. According to Nielsen, YouTube reaches more US adults ages 18-34 than any cable network
6. Millions of subscriptions happen each day, and the number of people subscribing has more than doubled since last year
CRWE is targeting the online video-sharing market, among others.
CRWE ‘s goal is to accelerate the success of the company, by refocusing on prior endeavors to deliver value for its stockholders in both the near and long term.
Together with its digital network of Websites, CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher. CRWE focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. CRWE ‘s advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. CRWE launches, invests and manages select businesses, projects and real estate endeavors.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com .
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