This is topic LFWK in forum Hot Stocks Free for All ! at Allstocks.com's Bulletin Board.


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Posted by narbeh on :
 
sidewayyyyyyyyyysssssssss...

any clue whats going on with this? i think its about that time to dump
 
Posted by BudgetBob on :
 
NASHVILLE, TN, Feb 13, 2006 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. (OTC: LFWK) today announced that ongoing merger negotiations with Consultech Construction Management, Inc. are proceeding towards completion. According to LoftWerks CEO Dennis Ammerman, the negotiations are being mediated by KORE International Management, Inc. and are proceeding as scheduled. "Consultech intends to allocate $10M into our property acquisition ventures," said Ammerman. "We anticipate this transaction going forward as soon as quarterly reports are completed. This capital will certainly allow us to make great inroads towards the realization of our overall vision for LoftWerks."

Consultech Director-General Petar Vucicevich expressed confidence that the expected merger is on track for completion. "We look forward to joining our efforts and resources with LoftWerks," he said. "We're not expecting any problems with the merger process, and we believe the negotiations will be completed very soon."

This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements maybe identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.

SOURCE: LoftWerks, Inc.

Copyright 2006 Market Wire, All rights reserved.

-0-

SUBJECT CODE: Real Estate and Construction:Commercial Real Estate
Real Estate and Construction:Construction
Real Estate and Construction:Residential Real Estate
 
Posted by narbeh on :
 
hmmmmm.... merger huh... any thoughts on what this will do in the next few days? or should i say weeks?
 
Posted by Tull on :
 
There is a reverse split coming also as stated in one of the previous PRs, handle with care. I personally have a small position in this one and would really like to see something come of it.
 
Posted by YellowSubmarine on :
 
LoftWerks, Inc. Explains and Defines: "Short Seller Captured Capital"

NASHVILLE, TN, Mar 13, 2006 (MARKET WIRE via COMTEX) -- CEO Dennis Ammerman reiterated today that anyone planning to flout LFWK (OTC: LFWK) stock in a "shorting position" would do so while bearing the full brunt of every available resource at the company's disposal that can be aimed to render them mute. "The small exchanges are plagued by this ludicrous and even perilous frenzy of negative influence," said Ammerman, " We can help open the door to companies that rely solely on public market funding to reclaim their rightful roles of benefactor and driving force of true and accountable shareholder value."


-- LoftWerks' share structure is: 500 million shares Authorized.
-- 200 million of these shares are held in treasury for M & As and
Dennis Ammerman owns 100 million shares that are Restricted.

The share structure will be posted at www.loftwerks.com by March 14, 2006 The Pink Sheets website will be updated by Tuesday March 14th, 2006.

CEO Dennis Ammerman stated; "Insiders decided to buy more shares than are legally available. There is no stock definition for this type of buying; therefore, we created our own definition. We call it 'Short Seller Captured Capital.' Insiders have expressed interest in selling blocks of shares back to the company at a later date. The shares can be introduce back into the market after LoftWerks' plans are executed, and the short sellers can complete their buy-in at a much higher price. Short Seller Captured Capital will prevent dilution of the current shareholders' value while providing insulation to the current shareholder from the effects of high-volume sell-offs."

Shares issued through the current open Rule 504 paper filing for merger expenses are issued at the closing ask price on the day of issuance.

LFWK is on schedule to complete the merger with Sulja Bros. Building Supplies. LTD., the primary distribution arm of Consultech's Midwest operations, as planned. Sulja Brothers will serve as the centralized and primary distributor of materials for all future projects. A twenty-four year old business, Sulja Bros. has achieved increasing revenues since its inception that now average over $30M annually. The company currently has assets totaling more than $25M. After merging with Sulja Bros. Building Supplies, Ltd., LFWK will finalize the full reverse transaction with Consultech Construction Management, Inc.'s Midwest office. Consultech Construction Management is currently in negotiations with federal, state, and local officials to procure storm-relief contracting services outside Biloxi, Mississippi. More details will be released at a later date.

SOURCE: LoftWerks, Inc.

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Posted by YellowSubmarine on :
 
LoftWerks, Inc. Contemplates Regular Dividends

NASHVILLE, TN, Mar 13, 2006 (MARKET WIRE via COMTEX) -- LoftWerks (OTC: LFWK) CEO Dennis Ammerman and a Consultech company representative are currently reviewing a plan to issue regular dividends to stockholders.


The plan calls for a regular quarterly dividend of $0.0025. The 300 million shares represented by Consultech and LFWK CEO Dennis Ammerman will return the dividend to the company's Operations Accounts. Two Insiders that represent 86 million shares have agreed to return the dividend to the company as well.

CEO Dennis Ammerman announced today, "The dividend is being designed to minimize effects to company profits yet incur maximum damage to the short position in our stock. Consultech and Company Insiders understand that the money spent on the dividend is necessary to achieve a reasonable fair market share evaluation for all stockholders." Two insiders, representing more than 86M shares have already agreed to return the dividend to the company. The total share count enumerated for the dividend return to LFWK operations, and subsequently Consultech, is 386M shares of the 500M Authorized.

The remaining 114 million shares will receive a $0.0025 per share dividend. LFWK estimates an equal number of short shares that will also receive the dividend. Ammerman stated, "So far, it looks like a matching dividend program from the short sellers. Every dollar the company issues, in dividend form will be matched by the short sellers. If the short sellers refuse to pay the dividend, their identity will be revealed in the 'payment in-lieu paperwork.'"

LFWK expects that the efficiencies introduced by Sulja Bros. Building Supplies' new role as exclusive supplier will pay for the dividend. Ammerman commented: "The savings from removing a middle-man supplier by using Sulja Brothers as the exclusive materials source directly and positively affects the LoftWerks bottom line. After the merger, this margin will still be realized by the company. Redirecting new profit to shareholder dividends is, in essence, another wash. The dividend plan serves but to increase shareholder value."ssed or implied) will not be realized.

SOURCE: LoftWerks, Inc.

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Posted by YellowSubmarine on :
 
LFWK and Sulja Brothers Building Supplies, Ltd. Announce Pre-Merger Financial Reports: Accelerated Timeline

NASHVILLE, TN, Mar 13, 2006 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. today announced that its merger with Sulja Bros. Building Supplies, Ltd., the primary distribution arm of Consultech Construction Management, Inc.'s Midwest operations, has accelerated its proposed timeline. Merger completion is expected to occur before March 24th, 2006.


Sulja Bros. will serve as the centralized and primary distributor of materials for all future projects. They recently posted earnings of $26M+ for fiscal year 2005 netting $2.4M. They currently have assets totaling more than $25M. This information will be available in detail as is practical according to an LFWK spokesperson, who also relayed that the financial reports' disclosure was forthcoming prior to finalizing the merger at Consultech's request.

It is projected that once Sulja Bros. settles into its new role, revenues should reach $200M annually within a twenty-four month period. The full report of Sulja Bros.' financials will be posted at www.suljabros.com by March 17th, 2006.

LFWK's Ammerman stated, "The merger is coming into place, and we remain dedicated to increasing shareholder value through sound business decisions." Shortly after the merger completion with Consultech's Sulja Bros., LFWK will complete its merger with Consultech Construction Management. Inc.'s Midwest office.

SOURCE: LoftWerks, Inc.

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Posted by YellowSubmarine on :
 
StockGate (..the deeper you dig, the cruddier it gets..):

New Naked Short Sell Poster Child Also Poster Child For Stock Promotion?


Mar 14, 2006 (financialwire.net via COMTEX) -- March 14, 2006 (FinancialWire) While the market waits for Loftwerks (OTC: LFWK) to post its share distributions today to account for what it terms an oversupply of issued stock due to a concentration of the entire known allotment of 500 million shares in the hands of insiders, there is another, shadier side to the equation. The company is also the subject of a rather massive and possibly "timely" junkfax campaign to boost its stock.


While StockGate remains a massive scandal for some of the companies that have been impacted by market manipulations, such as Overstock.com (NASDAQ: OSTK) and Biovail (NYSE: BVF), both of which have brought lawsuits and stimulated U.S. Securities and Exchange investigations, there remains substantial problems at the lower end of the stock market, involving OTCBB and Pink Sheets companies.

Sometimes, the truth is elusive and murky. Such is the case of Loftwerks, which is the subject of hype by MarketSine, a fax broadcaster that says it has been paid three million of what has been represented as a "precious commodity," shares of LoftWerks, by AQFS, for "research and distribution of its report."

Often but not always, illegal junkfaxes and spam emails are distributed by unscrupulous "pump and dump" promoters without the company's knowledge. These junkfaxes and spam emails proliferate throughout the financial community, leaving many recipients begging for anyone to help stop them.

It is usually a muddle that the U.S. Securities and Exchange Commission has been urged by the SEC Forum on Small Business to ferret out.

The Motley Fool has warned: "pumping and dumping is the illegal act where someone buys shares in a company, hypes it to pump up the share price so that (he or) she profits, and then dumps (his or) her shares quickly, before they fall in value. Since this practice is usually done with small and volatile stocks, the pump-and-dumper's selling will likely contribute to the stock's rapid downfall. This practice has flourished on the Internet, where unscrupulous folks have found it easy to pump up the stock prices of penny stocks. The SEC and others have gone after many pump-and-dumpers."

Meanwhile, the public can take some steps. One action available is to contact the company and insist that it file an 8K with the SEC stating first, if it has any knowledge as to who is behind the spam or junkfax, and second, specifically whether it has issued shares to promoters or financiers or anyone else now or in the past that could conceivably have wound up buying junkfaxes and spam emails, and their names and addresses and phone numbers so that aggrieved investors may contact them to determine who is behind a suspected pump and dump scam. Recipients may also fax or email the spam or junkfax to the company so that the company will have the full details.

The SEC Forum, meeting in San Francisco September 19, 2005, voted to send to the full SEC Commission a recommendation that it adopt "more stringent disclosure standards in Regulation 17(b), to include in addition to or instead of a company or partnership, whether in the U.S. or offshore, and the natural individual(s) behind any stock promotions, the holdings of those individuals and their nominees or agents, if any, and their specific intended sales of the promoted stock."

According to the Forum participants, stock promotions "proliferate throughout the financial community, in the form of massive spam emails, junk faxes and websites, many of which mimic professional research reports, and whose sole purpose is to stimulate volume so that undisclosed holders and their promoters may sell into the buying of unsuspecting, and often unsophisticated investors."

The SEC has also initiated a new and aggressive campaign to foil what it calls suspected pump and dump promoters by suspending trading in the equities of companies that either participate in or have been targeted by suspicious promotions.

Some observers believe such a "cooling off period" could "cool the ardor" for suspect promotions if investors have an opportunity to further evaluate junk faxes and spam emails they have received, and could prevent some more naive investors from putting their money into stocks that are the subject of large-scale promotion campaigns based on questionable substance or fundamentals.

The companies are among over 350 recently identified with aggressive stock promotions via unsolicited spam or junk faxes. It is not known if the companies approved of the promotions. A few of the group have disavowed any connection to the promotions, but most have not commented, and for many, the campaigns continue unabated. One thing consistent with most: after the campaigns end, and often before, their stock prices plummet.

In fact, in a recent portfolio kept at http://www.spamstocktracker.com by Joshua Cyr, an individual investor, the experiment showed that of 37 stocks out of 955 spams he entered in the portfolio, a $17,405 tracking "investment" in those 37 stocks between May 5, 2005 and June 27, 2005, had turned into $9,574 by October, 2005, a stunning and debilitating loss of half his investments!

Perhaps more educational for naive investors, only two out of the 37 actually gained. Only three of the remaining 35 had single-digit losses. The remaining 32 had significant double-digit losses, from 20% to 99.83% despite faxes and emails screaming that they were the next Microsoft or better when he "purchased" them.

Worse, Cyr said most had momentary, one-day gains and then "dropped like flies" the very next day.

Recently even a public company, Atlantis Business Development (OTCBB: ABDE), is claiming "credit" for many of the promotions through its partially-owned spin-off, E-Direct, as part of its revenue expectations. Both companies' CEO, according to its website, is Christopher Dubeau, who it boasts has "built a fax broadcasting system which uses FOIP and acquired a database of over eight million" of what it calls "opt in" fax numbers from InfoUSA, Dunn (sic) & Bradstreet, "and many other list management companies."

BusinessWeek, published by McGraw-Hill (NYSE: MHP), in an article March 21, 2005, said SEC Enforcement is zeroing in on micro-cap fraud with a novel strategy and new tactics.

"In the past, SEC lawyers chased swindlers one company at a time. Now the agency is targeting gatekeepers such as broker-dealers, promoters, and lawyers, who show up in scam after scam. And rather than waiting months until it can prove intent to defraud, the SEC is halting trading in companies that it suspects are about to be monkeyed with as soon as it finds what it considers clear-cut evidence of violations.

"The campaign to squelch micro-cap fraud is part of SEC Chairman William H. Donaldson's push to get ahead of abuses before they cause investors widespread harm."

The article is at http://www.businessweek.com/magazine/content/05_12/b3925104_mz020.htm

This theme is echoed in an article by Deborah Solomon of the Dow Jones (NYSE: DJ) Wall Street Journal, published March 1, 2005, "the SEC's move is part of the agency's broader attempt to get ahead of possible fraud before it becomes widespread." The article is at: http://online.wsj.com/search#SB110729717180142868

The SEC has apparently developed a "profile" to determine candidates for potential trading halts. Solomon said the agency has implemented a "risk based" approach to help identify potential problems, and last year took the unusual step of halting trading in the securities of 26 "shell" companies that failed to file timely financial disclosures with the agency.

The SEC recently temporarily suspended trading in Commanche Properties (OTC: CMCH) and Courtside Products (OTC: CSDP), both of which disclaimed any company or executive association with the spam email and/or faxes that triggered the SEC suspensions.

In the case of Courtside, the SEC said it is investigating whether Courtside was misled by stock promoters who advised the firm to go public by relying on an SEC rule that allows companies to issue shares and raise money without registering with the commission, if certain conditions are met. The conditions include issuing a portion of the shares to "accredited" investors.

"Federal securities laws define an accredited investor as certain entities or individuals, such as banks, insurance companies, registered investment companies or trusts," said the Wall Street Journal.

"The SEC is looking into whether the stock promoters, who agency officials declined to identify, may have falsely portrayed themselves as accredited investors in order to gain shares of Courtside. The promoters may have then sought to sell their shares to investors and later drive up the price through spam e-mail and faxes. Investigators want to determine whether the ultimate goal was to artificially stimulate demand for the stock and then dump shares once the price increased.

The SEC recently suspended trading in as many as 39 companies in a single day, although it is not clear if those were involved in or victimized by promoters.

These included Advanced Media, Inc. (AVMJ), Air Packaging Technologies, Inc. (AIRP), American Film Technologies, Inc. (AFTC), American Plastics & Chemicals, Inc. (APLC), AmeriQuest Technologies, Inc. (AMQT), Apparel Technologies, Inc. (APTX), BPI Packaging Technologies, Inc. (BPIE), Chantal Pharmaceutical Corp. (CHTL), CML Group, Inc. (CMLK), Compositech, Ltd. (CTEK), Crown Laboratories, Inc. (CLWB), DBS Industries, Inc. (DBSS), Dental Medical Diagnostic Systems, Inc. (DMDS), Dispatch Management Services Corp. (DMSC), Eglobe, Inc. (EGLOQ), and

Also, Enamelon, Inc. (ENML), Finantra Capital, Inc. (FANT), First Scientific, Inc. (FSFI), Hayes Corp. (HAYEQ), Hybrid Networks, Inc. (HYBR), iPrint Technologies, Inc. (IPRT), Microage, Inc. (MICAQ), MigraTEC, Inc. (MIGR), Network Computing Devices, Inc. (NCDI), Pacific Systems Control Technology, Inc. (PFSY), Paracelsian, Inc. (PRLN), Pharmaprint, Inc. (PPRT), Pinnacle Micro, Inc. (PNLEQ), and

Semiconductor Laser International Corp. (SLIC), Socrates Technologies Corp. (SOCT), Star Technologies, Inc. (STRR), Sunrise Technologies International, Inc. (SNRS), Telemonde, Inc. (TLMD), thehealthchannel.com, Inc. (THCH), Transmedia Asia Pacific, Inc. (MBTA), Tristar Corp. (TSAR), VDC Communications, Inc. (VDCI), Vianet Technologies, Inc. (VNTK), and Visionamerica, Inc. (VSNA).

"At issue is the potential for so-called pump-and-dump schemes, whereby speculative investors, company insiders or others try to inflate demand for a stock by trumpeting positive-sounding information about a company -- typically via e-mail -- and then cash in their shares at the higher price. Often the information is false and the stock quickly declines again," explained the Journal.

The SEC said that each week, the SEC's internet enforcement division, headed by John Reed Stark, gets thousands of complaints from investors "about spam email plugging stocks and other investments."

"We want to head off possible damage to shareholders before it occurs," John Reed Stark, chief of the SEC's office of Internet enforcement, was quoted as saying.

Investigators want to determine whether the ultimate goal in many of these instances is to "artificially stimulate demand for the stock and then dump shares once the price increased."

The SEC hastened to add that it is not asserting that many of the companies themselves are involved in the schemes. Often they are just bystanders, but sometimes it results from stock issued to offshore and even "promotional" sites and email and fax originators to create "visibility," and the promoters often violate their promises to the companies to sit on the shares.

"Under certain circumstances, an improper stock distribution in violation of SEC regulations can be a prelude to a manipulation," Peter Bresnan, an associate director in the SEC's enforcement division, was quoted as saying.

Investrend Information's (http://www.investrendinformation.com) Investors Resource Center has teamed with JunkFax (http://www.junkfax.org), which allows those receiving unwanted stock promotions to provide the evidence directly to FinancialWire.

Many but not all have missing or incomplete disclosures under U.S. Securities and Exchange Commission Regulation 17(b):

"It shall be unlawful for any person, by the use of any means or instruments of transportation or communication in interstate commerce or by the use of the mails, to publish, give publicity to, or circulate any notice, circular, advertisement, newspaper, article, letter, investment service, or communication which, though not purporting to offer a security for sale, describes such security for a consideration received or to be received, directly or indirectly, from an issuer, underwriter, or dealer, without fully disclosing the receipt, whether past or prospective, of such consideration and the amount thereof."

"The SEC has told FinancialWire that Regulation 17(b) means full and complete compensation for research and any other services provided, including amounts and sources, must be disclosed in 'every press release' as well as other published documents, including emails or faxes. The SEC states that third party compensations must include the relationship of the payer to the issuer.

"In an email to FinancialWire, John J. Nester, a spokesperson for the U.S. Securities and Exchange Commission, confirmed that regulators interpret 17(b) to mean that specific compensation information must be contained in all such communications to the public, and that a link to a disclosure somewhere else, for example, is a violation of the regulation. He further stated that the compensation disclosure required by the SEC includes "amounts and sources" in any and all communications mentioning the company. The SEC has indicated it is serious about violators. Earlier this year, the SEC charged JM Dutton Associates with violating 17(b) disclosures and penalized the firm $25,000. It also recently similarly charged BlueFire Research for the same transgression.

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As of Friday, 03-10-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated an UPTREND on 02-09-2006 for BVF * $25.28.

As of Friday, 03-10-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated a DOWNTREND on 12-20-2005 for OSTK * $36.33.

(C) 2006 Comtex News Network, Inc. All rights reserved.

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Posted by YellowSubmarine on :
 
LFWK Further Discloses Shareholder Information

NASHVILLE, TN, Mar 15, 2006 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. (OTC: LFWK) today announced that its original plan of shareholder disclosure (as is practical) has been furthered by this announcement. Namely, that Company Insiders have purchased up to 5M more shares of LFWK on the open market. Thus, an already negative public float tips the scales even more impossibly lopsided than previously thought. This information is aimed to bolster confidence among shareholders by maximizing the transparency of disclosures regarding the public markets and its participants.


LFWK CEO Dennis Ammerman stated today, "This is what 'Short Seller Captured Capital' is all about. Insiders feel that the shares continue to be undervalued. The result is a stronger capital base for the present and future operations of this company. I want also to inform our shareholders that plans are, as always, moving forward with our relationships with Sulja Bros. and Consultech. We anticipate no delays. The financial reports for LFWK and Sulja Bros., which include revenues, net profits, and enumerated assets, have been released. I believe that the sound judgment of our shareholders will again carry the day as they agree with us that value brought about by the collective planning and hard work of dedicated colleagues far out strips the diminutive gnattings of annoying parasitical profiteers."

LFWK is in the process of securing two new buildings in Louisville, KY. The collective purchase price is $3.98M. The estimated net profit upon project completion is $1.8M.

Shortly after the merger with Consultech's Sulja Bros. Building Supplies, Ltd.(www.suljabros.com), LFWK will complete the merger with Consultech Construction Management Inc.'s Midwest office.

SOURCE: LoftWerks, Inc.

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Posted by YellowSubmarine on :
 
Wall Street PR, Inc.: Mergers Fueling Big Runs - Blitz Trader, because timing is everything

Clear Lake, TX, Mar 15, 2006 (M2 PRESSWIRE via COMTEX) -- Mergers and acquisitions come in all shapes and sizes. They are usually one of the most exciting moves a company may entertain, regardless of the business. Whether it involves one of the biggest names in the history of journalism, like the $ 6.5 billion Knight-Ridder Inc. (NYSE: KRI) sale. Or a behemoth bank like Capital One Financial Corp. (NYSE: COF) buying out North Fork Bancorp (NYSE: NFB). It may even be a company which may be the most undervalued stock on any market, like LoftWerks (OTC: LFWK).

In some cases, the potential for some action is enough to keep all eyes glued to the events. For example, the Nasdaq Stock Exchange (NASDAQ: NDAQ) and NYSE Group Inc. (NYSE: NYX) interest in the London Stock Exchange has caught the attention of all investors, who'll be looking at the developments to help them understand the future implications for the respective markets.

LoftWerks is working on its pending merger with Consultech Construction Management, Inc. ("Consultech"), one of only seven designated "Master Builders" in North America and in Europe. In addition to the $10M property acquisition capital, arranged by Consultech, the merger includes Sulja Bros. Building Supplies. LTD, a Consultech subsidiary that does over $30M in revenues and has over $25M in assets. Sulja's assets justify a share price greater than LoftWerk's current price, under LoftWerk's currently published capital structure, not to mention the premium it deserves for its performance.

Furthermore, the companies believe Sulja will be doing $200M+ within 24 months and increase Sulja's assets to over $125M, which means assets divided by published outstanding shares would value shares at $0.625 and profitable companies trade at valuations much greater then just asset value.

LoftWerks has been in negotiations with a major lending source, which is considering an ongoing financing mechanism, up to $250M in capital, utilizing lines of credit and/or discounted funding arrangements of certain tax benefits which are awarded to businesses whose operations bring economic windfall to commercially-depressed areas, which fits LoftWerk's business model.


Capital One Financial Corp. broke open the piggybank and is going to purchase North Fork Bancorp, in a transaction valued at $14.6 billion in cash and stock. Capital One's offer is priced at a 23% premium to North Fork's closing share price on Friday.

McClatchy Newspapers' $ 6.5 billion bid was enough to win the Knight-Ridder auction. The $67.25 a share offer includes $2 billion in debt assumption.

Blitz Trader does not own shares of any of the companies named in this report. Blitz Trader has been paid 1,000 dollars for this report by WSTPR. Brian Heckathorne, Blitz Trader and WSTPR will not buy or sell any shares at the time this report is disseminated, or for a few days before or after this report is disseminated.

CONTACT: Brian Heckathorne e-mail: Brian*BlitzTrader.com

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web Inquiries to info*m2.com.

(C)1994-2006 M2 COMMUNICATIONS LTD

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Posted by YellowSubmarine on :
 
LFWK - BlitzTrader.com

COMPANY PROFILE

LoftWerks (LFWK.pk)is a leading provider in the emerging market trend of revitalizing formerly decayed and underutilized urban real estate. America’s inventory of historical buildings has sadly been left to decay…until recently. Several real estate developers have begun restoring these gems and are breathing life back into the classical city through these structures. LoftWerks is poised to become the industry leader in this field. The conversion from warehouse and office buildings into New York or Soho styled lofts is the first step towards real renaissance. LoftWerks believes it can play an integral role in helping first time homeowners in identifying, acquiring, and renovating loft spaces in the top 100 media markets across the United States. Opportunities for urban retail and commercial expansion will follow as more people return to the heart of the City.

In addition to the construction services provided by LoftWerks, the company is launching several associated projects to promote the overall revitalized urban lifestyle. These include:

LoftWise Furnishings. The LoftWise product line will feature retail and catalog sales of furniture and fixtures specifically targeted at the new urban lifestyle. These cutting edge products will serve to enhance the unique living spaces created by converting warehouse or office buildings into urban living space. At present, there is no single source where urban pioneers can turn to for finding furnishings and fixtures specifically designed for use in converted loft spaces. The LoftWise line will streamline the search process, and should become the first choice when loft-owners seek unique solutions to decorating and furnishing their new spaces.

LoftWise Television Show. LoftWerks is in the process of launching a cutting-edge cable television series which will highlight the new urban lifestyle, and promote the type of restoration projects that the company is already completing. Intended for broadcast on the Home and Garden or DIY networks, LoftWise will feature profiles of completed urban revitalization projects, present interviews with industry leaders and innovators, highlight furnishings, fixtures, and decorating ideas uniquely suited for loft living, and present “how-to” restoration and construction techniques.

Completed and Ongoing Projects: The following is a partial listing of projects begun or completed by the LoftWerks team:

• Landsberg Lofts North. Detroit, Michigan. 8 units. Purchased for 460K. Appraised value prior to construction 750K. Construction costs 650K. Estimated value after construction 2.1M.

• Milwaukee Junction. Detroit, Michigan. New construction. 52 Brownstone units. 14,000 sq retail space.

• Ambrose Lofts. Nashville, Tennessee. Joint Venture. 20 unit loft conversion. Total sale price $4.7M. Ground floor retail (occupied). 40% of project to LoftWerks.

• Doctor’s Building. Nashville, Tennessee. Approx. 50 units. Total sale price $15M. Ground floor office/retail (occupied).

• Mid-rise condominium project. Detroit, Michigan. New construction. Approx. 50 units. Total sale price $40M.

Management:

Dennis Ammerman. President and CEO. Founded LoftWerks in 1994. Supervises all aspects of construction, product development and procurement of working capital. Dennis has spent his life absorbing the trends of the past and using them as tools of prediction for how the American cultural climate is going to shift next. Although Dennis’ background includes ventures as diverse as asbestos remediation, importing of exotic sports cars, marketing for the Calgary Winter Olympics and notoriety as a national champion ice sculptor, today he is dedicated to the revitalization of metropolitan centers—urban living at its best.

Charles Loveman. Director. Former Senior City Planner for downtown Los Angeles. Lead Hollywood Equitable Building renovation and redevelopment project, the Old Bank District Loft housing project, and the Rowan Lofts project. Currently Loveman serves as Executive Director for Heritage Housing Partners.

Merrick Malone. Director. Former Washington D.C. Deputy Mayor for Economic Development and Director of Housing and Community Development. He spearheaded the management team that constructed the MCI Sports Arena. Executive advisor for BET Television Corporate Offices and Studios. Currently a principal at Metropolis Development Company, based in D.C., which focuses on new and existing solutions for urban mixed use residential and retail projects.

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Posted by YellowSubmarine on :
 
Loftwerks Inc., Announces New Hope for Mississippi Hurricane Victims

NASHVILLE, TN, Mar 17, 2006 (MARKET WIRE via COMTEX) -- Dennis Ammerman, CEO of Loftwerks, Inc. (OTC: LFWK), today announces that Consultech Construction Management Inc.'s Midwest office and Consultech's Sulja Bros. Building Supplies LTD are finalizing their plans for hurricane relief reconstruction outside Biloxi, Mississippi. Finalized plans are currently awaiting the State of Mississippi approval.


Consultech Construction Management Inc.'s Midwest office and Sulja Bros. Building Supplies, LTD are aggressively pursuing available Federal and State funding. Negotiations with federal and state funding agencies are proceeding as planned. Construction of 300 permanent residential units and several commercial properties will begin May 1st 2006, with or without federal or state funding options. Government agencies are providing for infrastructure reconstruction, including demolition and clean-up at the work sites.

Permanent residential units are being designed in a new urban friendly style concept. This concept provides improved pedestrian friendly streetscapes, with tree lined walkways and pedestrian scale lighting. The 300 units will range in price from $ 80,000 to $ 185,000. The cost of construction is estimated to be $ 29 M. Net profit margin is estimated to exceed 28% sales.

Loftwerks will complete its merger with Sulja Bros. Building Supplies LTD (www.suljabros.com) on or before March 24th 2006 Consultech Construction Management Inc.'s Midwest office will merge with Loftwerks shortly after Sulja Bros. Building Supplies, LTD.

SOURCE: Loftwerks, Inc.

.
 
Posted by YellowSubmarine on :
 
The Pinksheets quotations for LFWK will reappear soon, perhaps with RTQs and Level-II.

.
 
Posted by Casp on :
 
Wow thats some great DD.
 
Posted by YellowSubmarine on :
 
LoftWerks, Inc. Releases Intent to Move to a Higher Exchange

NASHVILLE, TN, Mar 21, 2006 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. (OTC: LFWK) will merge with Consultech's Sulja Bros. Building Supplies Ltd on or about March 24th, 2006. Plans have been made to compile financials from LoftWerks (LFWK), Sulja Bros Building Supplies, and Consultech Construction Management's Midwest office. The financials for Sulja Brothers have been released to the public at the website: www.suljabros.com. The financials for LoftWerks (LFWK) is available at www.pinksheets.com. The financials will be compiled and audited to make the application to a higher exchange. Details will be released shortly with inclusion of auditors' names and timeline.


CEO Dennis Ammerman stated: "As the paperwork for the merger with Consultech Construction Management's Midwest office is almost completed, plans have been formulated to move to a higher exchange. Consultech is an internationally recognized construction company that is merging part of their operations with LoftWerks (LFWK). It is only logical to start executing plans for an exchange move. Consultech is a remarkable company with best practices and world class products and processes which will benefit all shareholders. The request for integration of all 3 companies' financials is being expedited to minimize delays for Consultech's Gantt chart."

A Consultech company representative commented: "Consultech has already adapted their business model and best practices for application to the new public company. The public should expect to see an immediate effect to the bottom line from the application of efficiencies in overheard and construction costs. We like to keep our operations lean and efficient. The migration to a higher exchange is part of the plans. Consultech's reputation is a high priority and we intend to prove ourselves in the public realm, projections for growth in expansion and earnings will be exponential."

SOURCE: LoftWerks, Inc.

.
 
Posted by Murnak on :
 
LoftWerks, Inc. (LFWK) CEO in Windsor to Finalize Sulja Merger: Consultech to Seek Regional Project Venues


LFWK0.04, +0.00, +2.7%) today announced that that its CEO, Dennis Ammerman, is in Windsor, Ontario to execute the necessary documents to move ahead with merger plans with Sulja Bros. Building Materials, Ltd. (owned by Consultech Construction Management, Inc.). This will mark the beginning of the complete migration of Consultech's Midwest operations into the LFWK public vehicle.
Consultech's Director General, Petar Vucicevich, has vowed to add to the LFWK list of ongoing projects by seeking building sites in Louisville, Savannah, and other nearby, regional metropolitan venues. The LFWK/Sulja Bros. merger is expected to finalize over the upcoming weekend. LFWK will announce further details as is practical.
 
Posted by YellowSubmarine on :
 
LoftWerks/Sulja Team to Begin Two New Projects Ontario and Mississippi Ventures Should Generate $100M

NASHVILLE, TN, Apr 12, 2006 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. (OTC: LFWK) today announced that two post-merger projects with Sulja Brothers Building Materials, Ltd. have been slated for late-2006 starts. The first project, located in the Kitchner area of Toronto, Ontario, will feature conversions of older buildings into loft apartments and retail space. A company spokesperson explained that construction should commence within 120 days and be completed in approximately 18 months. The company expects to put $9-12M into the project, with pre-sale and final revenues exceeding $50M. This will be the first "non in-house" post-merger project, with LFWK providing consulting advice and design. "We think this is the ideal location, based on proximity to our various contributing components such as Kore International Construction Management and Consultech, and will allow us to smoothly integrate our efforts," said the Spokesperson.


A second project will commence in the Gulfport/Biloxi region of Mississippi, and will focus on new construction in areas hard hit by Hurricane Katrina. A spokesperson for Consultech Construction Management, which will be over-seeing the project, stated that input from local experts would be sought to determine areas of greatest need for housing and commercial construction. The team anticipates investing an amount similar to that required for the Kitchner project, and expects to realize the same level of revenues.

SOURCE: LoftWerks, Inc.

.
 
Posted by YellowSubmarine on :
 
LoftWerks, Inc. (LFWK)/Sulja Bros. Announces Two Manufacturing Facilities Truss and Wall-Panel Robotics Facilities Will Increase Niche Production 300% Over Current Segment in Canada

NASHVILLE, TN, Apr 13, 2006 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. (OTC: LFWK) today announced that its new post-merger owner, Sulja Bros. Specialty Building Materials, Ltd., plans to construct and operate two automated, robotic-enhanced truss manufacturing facilities in the markets of Kitchner, Toronto, Ontario in Canada and in the Gulf Dale/Biloxi Mississippi area (both announced previously as target niche markets by a company spokesman).


These operations will primarily supply the revitalization efforts in Toronto and the commercial facilities rebuilding campaign in post-Katrina Mississippi. The facilities basically automate and exact the process of framing and skinned-wall fabrication off-site for an assembly process that is less demanding in terms of committed resources at any given project location. Sulja Bros. currently generates approximately $4-6M annually from an identical process in Windsor, Ontario. The adjunct of the new facilities is expected to increase these niche-specific revenues by three hundred (300) percent within 24-36 months.

SOURCE: LoftWerks, Inc.

.
 
Posted by YellowSubmarine on :
 
Sulja Bros. Set to Inherit LFWK Vehicle: CEO in Windsor Vows Broader Exchanges for New Company

NASHVILLE, TN, Apr 18, 2006 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. (OTC: LFWK) today announced that its new ownership, Sulja Bros. Specialized Building Materials, Ltd., will immediately set a course toward a broader exchange board such as the OTCBB or even NASDAQ. Newly Appointed CEO, Steven Sulja, in Windsor, Ontario stated earlier today that "the LFWK trading vehicle is just that...a 'vehicle' to move us into a broader more substantial audience."


This announcement comes on the heels of the resignation of Dennis Ammerman, former CEO of LoftWerks, Inc. Ammerman will stay with the new company in his capacity as "the most ardent voice for Urban Revitalization in this country," said Sulja.

Consultech Construction Management's (The Parent Company of the new entity) Director General, Petar Vucicevich has vowed to add to the LFWK list of ongoing projects by seeking out definite growth opportunities in the Southern U.S. The LFWK/Sulja Bros. merger is expected to finalize by week's end. LFWK will announce further details as is practical.

SOURCE: LoftWerks, Inc.

.
 
Posted by YellowSubmarine on :
 
LFWK /Sulja Bros. Merger Leads to Lumber Supply Agreement With Liberian Government Margin on Staple Could Increase From 12% to 31%

WINDSOR, ON, Apr 19, 2006 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. (OTC: LFWK) today announced that a Liberian supplier of mid- and high-grade lumber cut to traditional North American building lengths and standards will finalize a Preferred Vendor Status Contract with Sulja Bros. as soon as is practical considering the sanctions soon to be lifted from the Liberian timber industry.


A Liberian official earlier said that the country is embarking on a vigorous post-conflict Economic Recovery Program with the intent of placing the country on a viable economic path.

The supply-side contract could increase margins by as much as 19% (12-31%) per annum. The dialogue has also opened venues for further transactions that include Sulja actively seeking out North American suppliers of traditional staples and infrastructure materials like asphalt, low-cost, modular housing structures, and even rice.

Petar Vucicevich, Director General of Consultech Construction Management, Inc., also re-iterated (from an earlier release) that revenue projections for Sulja should exceed $50 million for the twelve-month period following the completion of the merger and the broader market opportunities that await the post-merger Sulja Bros. The financial reports for Sulja Bros. are available for viewing at www.suljabros.com.

SOURCE: LoftWerks, Inc.

.
 
Posted by YellowSubmarine on :
 
LoftWerks (LFWK) Announces New Projects in the Middle East Region

WINDSOR, ON, Apr 21, 2006 (MARKET WIRE via COMTEX) -- New LoftWerks (OTC: LFWK) CEO Steve Sulja in Windsor, Ontario announces today that Consultech Construction Management Inc.'s Director General Petar Vucicevich has been in the Middle East for the past 4 days completing negotiations for the land and construction of a 280 room exclusive luxury hotel on the Al Reem Island, in Abu Dhabi, UAE.


Tracey Banumas, Director of Operations for CCMI stated that the cost of acquiring the land on Al Reem Island is $29M, cost of construction of the luxury hotel is estimated at $645M, both the land and financing for this project have been secured as of yesterday. The anticipated start date on the hotel construction will be mid 2007, and to be completed by mid 2009. Abu Dhabi, United Arab Emirates is one of the busiest and fastest growing areas in the world. Average hotel occupancy rates in Abu Dhabi are over 92%, and increasing steadily with the onset of businesses moving into the new hub of the Eurasian market.

Vucicevich states that expanding Consultech's business reach into the Middle Eastern market is gaining momentum, and further ventures and business opportunities are underway for this region.

Contact:
Kore International Management Inc.
1-866-658-KORE
SOURCE: LoftWerks, Inc.

.
 
Posted by ohio_trader on :
 
Getting ready to explode !!!!!!!!!!!
 
Posted by YellowSubmarine on :
 
Sulja Brothers Names Officers and Interim Board of Directors to Complete LFWK Merger

WINDSOR, ON, Apr 25, 2006 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. (OTC: LFWK) today announced that its post-merger partner, Sulja Brothers Specialty Building Materials, Ltd., has appointed new officers and directors in anticipation of combined operations. Heading the company as its new Chief Executive Officer will be Steve Sulja. Mr. Sulja is currently Director of Sales and Marketing for both Sulja Brothers and Consultech Construction Management, Inc., positions he has held for the past ten years.


The company also has named Leo Joseph Meloche to serve as President. Mr. Meloche is currently Comptroller of Sulja Brothers, a position he has held for the last eight years, and brings a wealth of financial and management experience to the position. The final announced appointment is the naming of Leslie A. Budway to serve as Secretary. Ms. Budway is currently in-house credit analyst for Sulja Brothers, a position she has held for six years.

All three officers will also serve as Interim appointees on the company's Board of Directors. "We will serve in this capacity until all of the merger details have been completed," said Sulja. "When input has been received from all of the post-merger entities -- LoftWerks, KORE International Management, Inc., Consultech, and Sulja Brothers -- we will be naming a permanent Board of Directors that can successfully and efficiently guide our combined efforts."

SOURCE: LoftWerks, Inc.

.
 
Posted by YellowSubmarine on :
 
LFWK: Sulja Brothers Announce Agreement With Consultech for Building Materials in Middle East

WINDSOR, ONTARIO, May 01, 2006 (MARKET WIRE via COMTEX) -- LoftWerks,Inc. (OTC: LFWK) today announced that Sulja Brothers Building Materials, Ltd. will be involved in supplying building materials to Consultech Construction Management for a resort development on Al Reem Island in Abu Dhabi, UAE. Sulja will be involved in this project as a result of negotiations conducted in Abu Dhabi by Consultech Director-General Petar Vucicevich. "There is a real need for this relationship because of the lack of primary building materials on the Island, specifically, and in the Middle Eastern region generally," said Vucicevich. "As the parent company of both Consultech and Sulja Brothers, we have the unique ability to bring all the necessary parties together to undertake this project," he concluded.


A company spokesperson stated that the project is expected to generate $130M in revenues over the next two years. "The initial agreement calls for us to provide primary building materials such as lumber and masonry," he explained. "We expect ancillary products to spin off additional revenues that could reach the $300M mark within three years," he said.

SOURCE: LoftWerks, Inc.

.
 
Posted by YellowSubmarine on :
 
LoftWerks/Sulja Releases Exchange Move Progress

WINDSOR, ON, May 05, 2006 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. (OTC: LFWK) announces that it will file its Form 10 registration for the NASD OTC bulletin board with the Securities and Exchange Commission within the next 14 business days. With the announcement of the completed merger and audited financials, Loftwerks has positioned itself for the Form 10 filing.


LoftWerks (LFWK) intends to respond to all comments from the SEC in a timely manner in order to become a fully reporting Company. The Company's Attorneys and Certified Public Accountants are experienced in the exchange move process and are ready to expedite it. LoftWerks (LFWK) management feels that the filing will provide the investing public with current information on its business activities and performance.

CEO Steve Sulja commented: "Months of hard work are finally yielding the filing for Loftwerks first exchange registration filing. The process has been challenging and rewarding for all involved. The document filing will be our best work yet in achieving the shareholder value and recognition for the projects we have acquired."

This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual result may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.

SOURCE: LoftWerks, Inc.

.
 
Posted by YellowSubmarine on :
 
Here's a very interesting post from ove on RavingBullstench-LFWK..:

By: paid4incash - 07 May 2006, 02:21 PM EDT - Msg. 17063 of 17064
Good Guess...They hinted on number shorted back in the PR from Monday March 13, 1:02 pm ET !!!! My good guess is it's alot more than 114 milion now which means...Short seller capture capital imo.....
The remaining 114 million shares will receive a $0.0025 per share dividend. LFWK estimates an equal number of short shares that will also receive the dividend. Ammerman stated, "So far, it looks like a matching dividend program from the short sellers. Every dollar the company issues, in dividend form will be matched by the short sellers. If the short sellers refuse to pay the dividend, their identity will be revealed in the 'payment in-lieu paperwork.'"

http://ragingbull.lycos.com/mboard/boards.cgi?board=LFWK&read=17063

Looks like they've got the MFMMM-paid BS Board-Bashers on the run over on RB, also..!!!

"..Tick, tick, tick, tick, tick, tick, tick.................

.
 
Posted by YellowSubmarine on :
 
"..Tick, tickity, tickity, tick, tick - kaaaBOOOOOOOOOOOOM..."!!!

Read it again, Sports Fans - it's like knowing the winner of the Triple Crown several months in advance..!!!

LoftWerks/Sulja Releases Exchange Move Progress

WINDSOR, ON, May 05, 2006 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. (OTC: LFWK) announces that it will file its Form 10 registration for the NASD OTC bulletin board with the Securities and Exchange Commission within the next 14 business days. With the announcement of the completed merger and audited financials, Loftwerks has positioned itself for the Form 10 filing.

LoftWerks (LFWK) intends to respond to all comments from the SEC in a timely manner in order to become a fully reporting Company. The Company's Attorneys and Certified Public Accountants are experienced in the exchange move process and are ready to expedite it. LoftWerks (LFWK) management feels that the filing will provide the investing public with current information on its business activities and performance.

CEO Steve Sulja commented: "Months of hard work are finally yielding the filing for Loftwerks first exchange registration filing. The process has been challenging and rewarding for all involved. The document filing will be our best work yet in achieving the shareholder value and recognition for the projects we have acquired."

This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual result may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.

SOURCE: LoftWerks, Inc.

.

 
Posted by YellowSubmarine on :
 
LFWK 0.025 +0.0045 (+21.95%) 0 0 17,858,544 -- this is known as a clue..!!!

And, still a bloody steal at this price.

.
 
Posted by YellowSubmarine on :
 
LoftWerks/Sulja Bros.: Render Filings to Complete Merger

WINDSOR, ON, May 11, 2006 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. (OTC: LFWK) today announced that Sulja Brothers Building Materials, Ltd. has posted the necessary filings to finalize the merger agreement it has in place with the Loftwerks, Inc. (LFWK) public, and that the entire process should be completed in only a few days.


Counsel, the Gottbetter Firm in NYC, has submitted the required SEC documentation, namely the form 15C(211). A Sulja spokesperson stated that the transition to a public market should not occur later than 5-7 days from now. "Our merger into the LFWK public vehicle allows us the opportunity to advance our presence into broader exchanges," said Steven Sulja, CEO of Sulja Bros. "Our ultimate goal is just that...to put The Company in front of a larger audience and prove our ability as a producer of long-term shareholder value."

All financial reports and filings will be available for public viewing on The Company's web site at http://www.sulja.com.

SOURCE: LoftWerks, Inc.

.
 
Posted by YellowSubmarine on :
 
LoftWerks/Sulja Bros.: Render Filings to Complete Merger

WINDSOR, ON, May 11, 2006 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. (OTC: LFWK) today announced that Sulja Brothers Building Materials, Ltd. has posted the necessary filings to finalize the merger agreement it has in place with the Loftwerks, Inc. (LFWK) public, and that the entire process should be completed in only a few days.


Counsel, the Gottbetter Firm in NYC, has submitted the required SEC documentation, namely the form 15C(211). A Sulja spokesperson stated that the transition to a public market should not occur later than 5-7 days from now. "Our merger into the LFWK public vehicle allows us the opportunity to advance our presence into broader exchanges," said Steven Sulja, CEO of Sulja Bros. "Our ultimate goal is just that...to put The Company in front of a larger audience and prove our ability as a producer of long-term shareholder value."

All financial reports and filings will be available for public viewing on The Company''s web site at www.sulja.com.

SOURCE: LoftWerks, Inc.

ref: Loftwerks 15c211 that has been filed with the NASD:
http://72.14.207.104/search?q=cache:hBHO2qBU6GoJ:https://www.otcstockinfo.com/re pository/659027/6590...
https://www.otcstockinfo.com/repository/659027/659027_FR6.pdf

.
 
Posted by YellowSubmarine on :
 
Sulja Bros. Set to Inherit LFWK Vehicle

WINDSOR, ON, May 26, 2006 (MARKET WIRE via COMTEX) -- Sulja Bros., Ltd. (PINKSHEETS: LFWK) today announced that its new ownership of the LoftWerks, Inc. public vehicle has been authorized for finalization by the Company's Board of Directors. All preliminary documents have been completed and executed, and Sulja Bros. retained counsel has been directed to "effectuate as quickly as possible any and all remaining procedures in order to finalize the transaction," as stated by a Company spokesperson.


Sulja Bros. will immediately target a broader exchange such as the OTCBB or even NASDAQ. Newly Appointed CEO, Steven Sulja, in Windsor, Ontario, stated earlier that "the LFWK trading vehicle is just that... a 'vehicle' to move us into a broader more substantial audience."

SOURCE: LoftWerks, Inc.

.
 
Posted by YellowSubmarine on :
 
Sulja Finalizes Acquisition of LFWK Vehicle

WINDSOR, ON, Jun 01, 2006 (MARKET WIRE via COMTEX) -- Sulja Bros., Ltd. (PINKSHEETS: LFWK) today announced that its new ownership of the LoftWerks (LFWK), Inc. public vehicle has been finalized by the Board of Directors, and their legal counsel, the Law Firm of Gottbetter and Partners, LLC. All final documents have been executed and forwarded by the law firm awaiting final approval from NASDAQ.


Sulja Bros. will immediately target a broader exchange such as the OTCBB or even NASDAQ. Investors with questions about this ongoing concern can contact Gottbetter and Partners office or Kore International Management Inc at 1-866-658-KORE.

Share restructuring and distribution is currently finalizing with a new serial number and CUSIP. This process should be completed within a week. Any changes in the transaction, including the new ticker symbol and CUSIP number will be posted on the Sulja Bros. website ( http://www.suljabros.com )

SOURCE: LoftWerks, Inc.

.
 
Posted by ohio_trader on :
 
The short squeeze is coming......this is going to fly up very soon !!!!
 
Posted by YellowSubmarine on :
 
LFWK - <i>LoftWerks/Sulja Bros (LFWK) Announces Appointment of Interim President

WINDSOR ON, Jun 02, 2006 (MARKET WIRE via COMTEX) -- LoftWerks CEO (PINKSHEETS: LFWK) Steve Sulja announces today the appointment of Director General of Consultech Construction Management Inc.'s Director General Petar Vucicevich as Sulja Bros. Interim President. In his statement, Mr. Sulja says, "Leo Meloche has temporarily resigned from the position of President of Sulja Bros. to allow for a smoother transition of the Sulja/LoftWerks vehicle for its eventual merger with Consultech's Midwest Operations."


Mr. Sulja at the same time stated, "This is indeed a solid move towards making our process easier. With the appointment of Mr. Vucicevich as our Interim President, the time frame for the merger process has been cut into almost half."

Mr. Vucicevich will retain his position as Director General of Consultech Construction Management Inc., but will be working closely with the Sulja Bros. to allow efficient functioning of normal business as well as the public merger process. Mr. Vucicevich stated, "I look forward to working closely with the existing Sulja Board and helping with the merger and expansion plans. Also, this will benefit all investors with the GFYM factor."

For further details, contact Kore International.

SOURCE: LoftWerks, Inc.

.
 
Posted by WilliT2B on :
 
In the town where I was born,
Lived a man who sailed to sea,
And he told us of his life,
In the land of submarines,

So we sailed off to the sun,
Till we found a sea of green,
And we lived beneath the waves,
In our yellow submarine,

We all live in a yellow submarine,
Yellow submarine, yellow submarine,
We all live in a yellow submarine,
Yellow submarine, yellow submarine,

And our friends are all aboard,
Many more of them live next door,
And the band begins to play.

(Trumpets play)

We all live in a yellow submarine,
Yellow submarine, yellow submarine,
We all live in a yellow submarine,
Yellow submarine, yellow submarine,

As we live a life of ease,
Everyone of us has all we need,has all we need
Sky of blue,sky of blue, and sea of green,sea of green
In our yellow ,in our yellow, submarine,submarine,blaha

We all live in a yellow submarine,
Yellow submarine, yellow submarine,
We all live in a yellow submarine,
Yellow submarine, yellow submarine,

We all live in a yellow submarine,
Yellow submarine, yellow submarine,
We all live in a yellow submarine,
Yellow submarine, yellow submarine.
 
Posted by YellowSubmarine on :
 
When the thundering, blundering herd finally gets a grip that Consultech/LFWK has an established projects office in Beirut that is just a hop, skip, and a jump away from Dubai and Abu Dhabi in the UAE and Doha in Qatar - maybe they'll finally get a grip on what the real potential here is..!!! Dubai and Doha are freakin' booming, and the Sulja Brothers and Consultech have heavy-duty connections in the Mideast and they also have the Mega-Bank funding to back doing huge projects..!!! http://www.loftwerks.com/ .

Those ridiculously cheap LFWK $0.022 shares from last week could be buying new Corvettes for the Longs in July..!!!

The foolish flipsters and dumbarse Shorts will lose their bruised and pimpled butts on this stock.

.
 
Posted by YellowSubmarine on :
 
Official LFWK Websites:
http://www.suljabros.com
http://www.loftwerks.com
http://www.loftwise.com
http://consultechconstruction.com
http://www.ibp-usa.com
http://koreintl.com
http://www.vgic.biz

.
 
Posted by YellowSubmarine on :
 
When we get the word that the symbol has changed, it's pretty clear that they will vend in the assets from Sulja or Consultech - or perhaps both together or in stages.

With all the projects they have announced (..and the new ones most likely being worked that they haven't announced..), you have to know that the management has some major-major financial muscle backing them up..!!! The total construction dollars required for multiple major developments gets into the Billion $ range real quick. One doesn't mess with witless blockheads like 'CornBall Crapital' or 'Fudpucker Savings & Loan of Bayone' for that kind of scratch or revolving corporate credit line facilities..!!! I wouldn't be the least surprised to see names on the level of Bank of America, Chase Manhattan, Credit Suisse, or Wells Fargo creeping into the picture.

I understand that TDAmeritrade itself, possibly through TDCM, may be recklessly Short on LFWK. I can't think of anyone else I would like to see get royally reamed in a squeeze, considering their recent meddling with account holders involving PLNI, etc. It will bloody well serve them right for screwing around with miniMicroCaps that they don't have a freaking clue about; excepting the slanted crap they get from Pinksheets.com. And, if TDA is playing dumbarse games like that, you know some of the other online brokerages must be in on the gig, also. They apparently aren't going to let the MFMMMs and Hedgies have 'all the fun'. Hence, the whole rotten bunch of them will hopefully get their exhaust valves sandblasted in the next few days to weeks.

.
 
Posted by beatheodds on :
 
I wonder when the news comes out. Does anyone knows what happens when the symbols change?
 
Posted by Sith Trader on :
 
i dumped long ago

sideways is right
 
Posted by beatheodds on :
 
Word is getting out and people know what is going on.

Check out the post by Time.


quote:
--------------------------------------------------------------------------------
Originally posted by pepa z depa:

quote:
--------------------------------------------------------------------------------
Originally posted by Time2drum:
FYI

I spoke with Preston at Kore Management the other day. Had been trying for two weeks to speak with someone, BUT, it was worth it. I asked MANY questions concering what Kore Mgt. was, there involvement with LFWK, the merger, share restructuring, PPS, shorts, timeframes, etc., etc. and let me tell you, this IS a time bomb with the fuse lit! GREAT things will be coming to those who have been patient!!!
--------------------------------------------------------------------------------

i am really curious about your talk with them. tell us more, please................
thanks
--------------------------------------------------------------------------------

Sorry for the late reply, but I was out of town this weekend. Anyway, I'll try to sum up our very lengthy conversation as short and detailed as possible.

The merger has been/is complex as there are three entities involved, LFWK, Sulja and Consultech. All parties have had to agree on every decision, every step of the way, making it complicated and time consuming.

Although all documents for the new ticker and cusip change were submitted to Gottbetter, it is believed that a pinkie ticker change was probably not one of their top priorities and therefore was slow in processing, however, it is understood that the documents have been submitted to the SEC.

As a side note, I was told that Consultech, being the multi-million dollar corp. that it is, is being VERY cautious about the whole process and does not want to be stigmatized as being a penny pinkie and will, at the earliest time possible, move to a higher exchange, i.e. NASDAQ.

Okay, that aside, it is believed that there could be as many as 100MIL naked shorts (on the high end). When the cusip change goes into effect, these naked shorts need to be covered and as it was explained to me, it would be wiser for the MM's to pay $30K rather than a $3MIL dollar fine and 5 months being restricted from trading. It is anticipated, but not guaranteed, that the PPS could increase as much as 1000% in the near term, the PPS being .02, at the time of our conversation.

So, in short, (pardon the pun) this is big and getting BIGGER as each day gets closer and closer to the cusip change. Stand firm; don't sell until you see the whites of their eyes. The PPS is the ransom. It really all comes down to what we all feel is a reasonable price/profit to sell at. So, will it be .20 or $1.00 or ???
 
Posted by YellowSubmarine on :
 
LFWK 0.037 +0.004 (+12.12%) 0 0 9,385,254

"..Loooookeeeeng gooo-ood.."!!!

"..Tick, tick, tick, tick, tick, tick......................

.
 


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