Crown Equity Holdings Inc. Announces $250,000 License Agreement with Velvet International, Inc.LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Crown Equity Holdings Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CRWE CRWE Charles River Wind Ensemble (Newton Center, MA) CRWE Constant Row Weight Ensemble ) announced that it has entered into a license agreement with Velvet International, Inc., which granted Velvet a license to use Crown Equity's system and proprietary technology for rendering financial public relations Financial public relations Public relations division of a company charged with cultivating positive investor relations and proper disclosure information. and advertising services. Velvet's non-exclusive license is a world-wide license with the right to sub-license the methodology and system to other users. Velvet paid $250,000 to Crown Equity as a license fee. Crown Equity will use this fee to further improve and refine its system and expand its operations. Crown Equity presently owns and operates over 1300 websites and has agreements to provide financial public relations for several companies. For further details, please visit the Company's website at www.crownequityholdings.com. This press release contains "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements and changing price and market conditions. No assurance can be given that these are all the factors that could cause actual results to vary materially from the forward-looking statements. |
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