The schedule of trade dates-settlement dates below reflects the observance by the financial community of Columbus Day, Monday, October 9, 2006. On this day, The NASDAQ Stock Market and the securities exchanges will be open for trading. However, it will not be a settlement date because many of the nation's banking institutions will be closed. http://www.nasdaqtrader.com/trader/news/upcomingevents/upcomingevents.stm#upcomi ng
thanks utvolsfan13
[ October 06, 2006, 14:49: Message edited by: BooDog ]
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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quote:Originally posted by littlerichy: Thanksgiving here in Canada on Monday...
Where's my money????
HAPPY THANKSGIVING CANADA!!! for Monday
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
okay, i tried to bump it a little. guess that only works if you do a market buy, maybe next time. Did get a bit more though.
anytime now...
really
anytime.....
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
THIS IS NO GOOD! AnalystResearchReport.com: Spotlights Radial Energy Inc.
M2 Communications via COMTEX
Oct 6, 2006 9:15:23 AM
Oct 06, 2006 (M2 PRESSWIRE via COMTEX News Network) --
Stocks To Watch: Radial Energy Inc. (OTCBB: RENG), Global Power Equipment Group, Inc. (PINKSHEETS: GEGQQ), Sulja Bros. Building Supplies Ltd. (PINKSHEETS: SLJB), WGL GameZnFlix Inc. (OTCBB: GZFX), Universal Express Inc. (OTCBB: USXP)
HOUSTON, TX - Radial Energy Inc. (OTCBB: RENG) announces today that it has signed a $5,000,000 convertible debenture financing with Cornell Capital Partners, LP and has received the first tranche of $2,000,000.
The debentures have a term of three years and bear interest at 7% per year. At the option of the holder, the debentures may be converted into Radial Energy common stock at a conversion price equal to the lower of $1.0536 or 90% of the lowest volume weighted average daily closing price of the Company's common stock, during the fifteen trading days immediately prior to the conversion date. In addition, Radial Energy issued 9,166,667 warrants to Cornell Capital with exercise prices varying from $0.75 to $1.50 per warrant. None of the shares of common stock underlying the debentures or warrants were registered under the Securities Act of 1933. Accordingly, such shares may not be offered or sold in the United States, except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act. The company has agreed to file a registration statement covering the resale by the investor of the shares.
The proceeds will be invested into Radial Energy's ongoing projects including the Block 100 project in Peru, the Cherokee County prospects in Texas, and the Bosques project in Colombia. As previously announced by Radial Energy, the estimated spud date of the Huaya 100-1X well in Peru is October 15th, 2006 and it is expected to take 7-10 days to reach total depth.
Radial Energy President G. Leigh Lyons stated, "We are extremely pleased with the financial flexibility this recent financing has provided. If the first well in Peru is successful, as we expect it to be, this financing will allow us to immediately drill 2 additional wells, bringing Radial Energy a step closer to the production stage." This press release shall not constitute an offer to sell or a solicitation of an offer to buy the Company's securities. This private placement was made by the Company and any opportunity to participate in the private placement was available to one accredited investor.
ABOUT CORNELL CAPITAL PARTNERS, LP Established in January 2001, Cornell Capital Partners, LP (http://www.cornellcapital.com) has funded numerous companies listed on the OTCBB. Building on that solid foundation, Cornell has consummated transactions with AMEX and NASDAQ listed companies, and continues its success in international markets.
About Radial Energy Inc. (OTCBB: RENG) Radial Energy identifies, acquires and develops low risk oil and natural gas exploration and development opportunities throughout the Americas. The company's innovative strategy involves targeting overlooked or under-developed reserves that are under the radar of multinational oil companies and out of the reach of small independents.
Radial Energy has rapidly assembled an impressive portfolio of oil and gas plays including working interests in two separate oil and gas prospects located in Cherokee County, Texas as well as in the Block 100 oil project located within the Huaya Anticline area in the Ucayali Basin of eastern Peru. The company has also executed a Letter of Intent to acquire rights to explore and develop oil reserves on the Bosques Block play located in the prolific Middle Magdalena Valley of Colombia. The Company targets prospective oil and natural gas opportunities in historically productive regions with a primary focus on identifying previously drilled but undeveloped exploratory wells that, due to factors at the time of initial drilling including the absence of pipeline infrastructure, lack of modern recovery technology, poor geological or engineering interpretation or low oil and gas prices, were not fully exploited.
Radial Energy is led by a highly motivated team of industry veterans with proven expertise in North, Central and South American oil and natural gas development. Bolstered by first-rate management, farsighted acquisitions, the speed and agility to take advantage of changing market conditions, a firm commitment to building value for shareholders and the growing demand for energy worldwide, Radial Energy is taking maximum advantage of a tremendous opportunity to develop overlooked and under-developed oil and gas reserves in North and South America.
Forward-Looking Statements Except for statements of historical fact, the information presented herein may contain forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Radial Energy Inc. has little or no control.
ON BEHALF OF THE BOARD Radial Energy Inc.
G. Leigh Lyons, President
Investor Relations Contact: J & J Investor Relations Inc.
Global Power Equipment Group, Inc. operates as a design, engineering, and manufacturing company providing an array of equipment and services to the global energy, power infrastructure, and process industries. It operates in three segments: Heat Recovery Equipment, Auxiliary Power Equipment, and Industrial Services. The Heat Recovery Equipment segment designs, manufactures, markets heat recovery steam generators, specialty boilers, and industrial boilers. This segment offers heat recovery steam generators for applications in new combined-cycle and retrofitted simple-cycle power plants; specialty boilers and related products for use in process heat recovery and incineration systems, small power generation systems, and marine cogeneration systems; and industrial boilers primarily for heating and producing steam for industrial and commercial usage. The Auxiliary Power Equipment segment offers inlet systems, exhaust systems, filter houses, gas and steam turbine enclosures, and diverter dampers. The Industrial Services segment provides industrial painting and coatings, insulation, fossil fuel and hydroelectric power maintenance, power related construction services, abatement, roofing systems, nuclear power maintenance, and industrial construction services. The company also provides value-added services, such as engineering, retrofit and upgrade, and maintenance and repair. Global Power Equipment Group is headquartered in Tulsa, Oklahoma.
Sulja Bros. Building Supplies Ltd. established business in 1986. We carry pressure treated lumber of only an excellent quality. For roofing excellence we carry CRC shingles. CRC has successfully combined technology and beauty, to create and innovative line-up of traditional 3-tab and architectural organic asphalt shingles. Quality raw materials, leading edge technology and impressive designs guarantee CRC customers the very best roofing products available.
GamezNFlix, Inc. offers digital versatile disk (DVD) movies and video games for rental and purchase through its Internet Web site www. gameznflix.com' in the United States. It also provides subscribers with access to a games library of Xbox, Playstation 2, Playstation, and Nintendo Gamecube titles. As of December 31, 2005, the company provided subscribers with Web-based alternative to traditional store-based DVD and video game rentals with a library of approximately 40,000 DVD and video game titles for Xbox, Xbox 360, Playstation, Playstation 2, and Nintendo Gamecube. GamezNFlix was founded in 1997 and is headquartered in Franklin, Kentucky.
Universal Express, Inc. and its subsidiaries provide value-added services and products, logistical services, equipment leasing, and delivery of goods to the private postal industry and consumers worldwide. It offers retail and business postal services, and various personal business services and merchandise, such as commercial mail receiving; office products and supplies; packaging and shipping; copying, imaging, photo finishing, and digital services; home office boutique items; and concierge services. The company provides global delivery and services to international firms, as well as facilitates and manages the movement of baggage for leisure and business travelers. It also provides capital acquisition funding, in the form of lease financing, to the national business community, as well as to its other affiliates and subsidiaries. In addition, the company offers Universal Express Platinum Card, a prepaid card to transfer money. Universal Express was incorporated in Nevada in 1983 and is headquartered in New York City.
Verify all claims and do your own due diligence. Iron Consulting profiles are not a solicitation or recommendation to buy, sell or hold securities. Iron Consulting is not offering secu rities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. All statements and expressions are the sole opinion of the editor and are subject to change without notice. Iron Consulting is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. It should be understood there is no guarantee that past performance will be indicative of future results. Investors are cautioned that they may lose all or a portion of their investment in this or any other company. In order to be in full compliance with the Securities Act of1933,Section 17(b),Analystresearchreport.com is owned and operated by Iron Consulting. Iron Consulting has received thirty six thousand dollars from Equity Alliance Intl. for its internet marketing services, from Equity Alliance Int. LLC for its marketing and consulting services. Neither Iron Consulting nor any of its affiliates, or employees shall be liable to you or anyone else for any loss or damages from use of this e-mail, caused in whole or part by its negligence or contingencies beyond its control in procuring, compiling, interpreting, reporting, or delivering this Web Site or e-mail and any contents. Since Iron Consulting receives compensation and its employees or members of their families may hold stock in the profiled companies, there is an inherent conflict of interest in Iron Consulting statements and opinions and such statements and opinions cannot be considered independent. Iron Consulting and its management may benefit from any increase in the share prices of the profiled companies. Information contained herein contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be "forward looking statements". Forward looking statements are based on expectations, estimates and projections at the time the statements ar e made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Iron Consulting services are often paid for using free-trading shares. Iron Consulting may be selling shares of stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration.
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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.
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-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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posted
I sold half at 0.12 near the close, and I'm already regretting it... lol I'm buying again on monday, hopefully at or under 0.12
Posts: 1091 | From: Brugge, Belgium / Dallas TX USA | Registered: May 2006
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IMAKE.... 1 question... where is the safe harbor statement???
can't believe we went all day and didn't see this.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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***This is SLJB's newest acquisition, providing 6Million in revenues to the bottom line*** SAM Building Materials Address: 4192 County Road 17 Windsor, ON Phone: 519-979-2982 Fax: 519-979-9245 E-mail: heather*sbtconstruction.com URL: www.sbtconstruction.com Contact: Heather .
About Us SAM Building Materials: the Products You Need for Your Homebuilding or Renovation Project
Let SAM Building Materials provide pricing on the supply of all insulation products and drywall accessories required for your project. We have the products and the knowledgeable and personable sales staff to assist you with all your technical and practical issues. We will provide free estimates from your field measurements or blueprints.
SAM's boasts over 10,500 square feet of newly constructed warehouse and loading dock facilities and 5 delivery trucks to get your materials delivered to your site. You can trust us to deliver outstanding service and competitive pricing whether yours is a small renovation project or a million dollar dream home.
SAM?s has been providing quality building materials to the community at competitive prices for almost five years, and we are proud to be a member of the Windsor Home Builders Association.
Sulja Bros. Building Supplies Ltd. CEO Petar Vucicevich Updates Shareholders Wednesday September 13, 11:21 am ET
WINDSOR, ON--(MARKET WIRE)--Sep 13, 2006 -- Sulja Bros. Building Supplies Ltd. (Other OTC:SLJB.PK - News) CEO Petar Vucicevich is proud to announce a shareholder update.
CEO Petar Vucicevich stated: "As the new CEO, Sulja Bros. will continue on the same path that Steve Sulja created. We will not reverse spilt our shares or change the share structure. The company will continue the Middle East growth with the same philosophy of 'Excellence.' Our customers and shareholders are the primary concern. We will strive to close amicable contracts that will increase the size and price per share of the company. I will approach this task with the same conviction as my predecessor.
"The company financial audit is nearing completion. We anticipate having the audit stamped this week. Early next week the completed audit will be available for shareholders to view at www.suljabros.com. I will also issue a new statement made available at the same website on Monday morning."
"GOOD BYE STEVE, THANKS FOR THE TIME AT THE HELM." SULJA BROTHERS IS A 27 YEAR VETERAN OF THE LUMBER AND CONSTRUCTION SUPPLY INDUSTRY. GRPIII
Steve Sulja, Outgoing CEO of Sulja Bros. Building Supplies Ltd., Announces Decision to Step Down in Favour of New CEO Thursday September 7, 2:37 pm ET
WINDSOR, ON--(MARKET WIRE)--Sep 7, 2006 -- Sulja Bros. Building Supplies Ltd. (Other OTC:SLJB.PK - News) outgoing CEO welcomes the appointment of new CEO.
Former CEO Steve Sulja, in context to new developments with SLJB, stated today, "I would like to take this opportunity to congratulate Petar Vucicevich as the new CEO of Sulja Bros. Building Supplies Ltd. My decision to resign was made after long deliberations with all members of the Sulja board. I feel that Mr. Vucicevich will better serve the direction of this corporation in its international growth. His experience in dealing with companies internationally will surely benefit Sulja Bros. Mr. Vucicevich asked me to stay behind as a consultant during this time and I will gladly accept this position. Mr. Vucicevich has the support of the entire Sulja organization here and abroad, and I ask all shareholders, members of the board and management and clients to show Mr. Vucicevich the same support you had extended to me in the past. I expect great things for Sulja and plan to work closely with Mr. Vucicevich. I believe all shareholders will be pleased with Mr. Vucicevich's professionalism and no nonsense approach. I thank you all again for all your support and wish everyone the best."
A spokesperson on behalf of Sulja Bros. stated, "We support Steve's decision to resign in favour of Mr. Vucicevich and look forward to working closely with him in his new capacity."
Sulja Bros. Building Supplies Ltd. -- Announces Closing of Abu Dhabi Cement Contract Tuesday September 5, 1:26 pm ET
"THIS PR IS MY FAVORITE AND PRONOUNCES OUR POSITION AS LONG IN SLJB INTO 2007" GRPIII
WINDSOR, ON--(MARKET WIRE)--Sep 5, 2006 -- A Sulja Bros. Building Supplies (Other OTC:SLJB.PK - News) spokesperson announced the closing of the cement contract in Dubai with Ramada General Contracting in Abu Dhabi, UAE.
CEO Steve Sulja stated: "The cement contract has been finalized, and the contract is officially closed. The contract is for seven million metric tons of cement per year. The cement will be transported to Abu Dhabi, UAE."
Wessal International's President, Ahmed Khalil Al-Muslmani, stated: "Ramada General Contracting is paying an average of USD $50.00 per metric ton. The deal produces yearly revenues of USD $350,000,000. The UAE currently faces a shortage in cement production. We are continuously looking to fill this need."
COMPANY INFO DIRECTLY FROM PR’S ADDITIONAL COMMENTS BY GRPIII AND PRIOLEAU INVESTMENT GROUP LLP. www.priinvestmentgroup.com
Sulja Bros. Building Supplies Builds a Design Depot in Dubai Friday August 25, 2:49 pm ET
WINDSOR, ON--(MARKET WIRE)--Aug 25, 2006 -- Sulja Bros. Building Supplies, Ltd. (Other OTC:SLJB.PK - News) announced today that the company is building a Design Depot for higher end products and fixtures to supply the builders and developers in Dubai.
Wessel International's President, Ahmed Khalil Al-Muslmani, stated, "With input from Middle Eastern contractors and developers, we are building a central location to supply the projects in Dubai. The Design Depot is located in the city of Dubai. The Design Depot will contain the high-end materials needed to complete our resort project and the Dubai projects. The store will also be available to competing contractors. Our depot will contain the internal building materials such as marble and granite for countertops and floors. High end lighting and kitchen fixtures will be used for project interiors. The finest flooring materials will be shipped through our supply chain to the Design Depot.
"The Design Depot will increase our market share of products shipped to the Middle East. The Dubai location is perfect to maximize the revenues and net profit on our projects."
The same model will be implemented in three North American cities, to be named at a later date.
Sulja Bros. Building Supplies Receives Initial Coverage From Knobias Thursday August 24, 12:27 pm ET
WINDSOR, ON--(MARKET WIRE)--Aug 24, 2006 -- Sulja Bros. Building Supplies, Ltd. (Other OTC:SLJB.PK - News) received initial coverage from Knobias, Inc. (OTC BB:KNBS.OB - News) on August 23, 2006. The article was favorable and is available at www.knobias.com.
CEO Steve Sulja stated: "We received some early coverage from Knobias. The article detailed the undervalued condition of our stock by accepted standards of price and market capitalization. The company believes the condition is temporary and due to being listed on the Pink Sheets. Our takeover of LoftWerks to protect our joint venture interests is the reason we are temporarily on the Pink Sheets. We are clearly not a start-up company, but we are careful about protecting our money invested in a joint venture. The company financial audits will be completed in a couple of weeks. Then a Form 10 will get our company to the OTCBB. Clearly, this is not our final goal. We will seek a NASDAQ listing. The company is making enough net profits to easily justify the NASDAQ move. Our long term investors know we are worth more and within a year, we will give them one of the greatest short term returns in the stock market."
Sulja Bros. Building Supplies Completes Asset Transfer Wednesday August 23, 3:01 pm ET
WINDSOR, ON--(MARKET WIRE)--Aug 23, 2006 -- Sulja Brothers Building Supplies, Ltd. (Other OTC:SLJB.PK - News) completed the asset transfer to the State of Nevada. Sulja Bros.' attorneys have paid all creditors and liens on the assets prior to the move. The balance sheet has been forwarded to auditor to complete our financials.
CEO Steve Sulja stated: "The State of Nevada has received the assets. The balance sheet has been sent to our auditor and we expect to have the audited financials completed in mid-September. We are pleased to update our shareholders of the asset and audit progress. KPMG and Price Waterhouse Coopers will complete the audit and the assets are contained in the upcoming audited financials. Our shareholders have requested an update through Marquee Asset Management and we are listening to the concerns. We continue to gain new work and have some exciting updates to be released."
Sulja Bros. Building Supplies, Ltd. (Other OTC: SLJB.PK) Pro Forma Will Be Released Tomorrow WINDSOR, ON, Aug 08, 2006 (MARKET WIRE via COMTEX) -- Sulja Bros. Building Supplies, Ltd. (PINKSHEETS: SLJB) announced today that the company will be releasing the pro forma tomorrow August 9, 2006.
CEO Steve Sulja stated: "Sulja Bros. has updated the pro forma to contain the recently closed projects. The closings, in Germany, have boosted our outlook for the next 12 months significantly. The pro forma numbers will continue to increase as more projects close in the future. The future numbers are astounding and the shareholders deserve to know the project contracts have come to fruition."
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ Sulja Bros. Building Supplies Ltd. -- Wessal International Is Purchasing 25% of Sulja Brothers WINDSOR, ON, Aug 08, 2006 (MARKET WIRE via COMTEX) -- A Sulja Brothers Building Supplies (PINKSHEETS: SLJB) company spokesperson announced today that Wessal International is purchasing 25% of Sulja Brothers in the open market. Wessal International is the parent company of Red Sea Group. Red Sea Group was recently selected to strengthen Investor Relations in the Middle East. $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
CEO Steve Sulja stated: "Sulja Bros. initial business reach into the Middle Eastern market is attracting new investors. Wessal International's President, Ahmed Khalil Al-Muslmani, is buying 25% of the company. No more shares are being issued by Sulja Bros; therefore, Mr. Al-Muslmani has to buy in the open market. By law, this press release is the disclosure of Wessal International's offer and buying can commence in the open market immediately. We are very excited over the interest our company has received in the Middle East. Mr. Al-Muslmani has been watching our growth in large projects and stated his offer at the project closings in Germany. We warmly welcome Wessal International to the family of Sulja Bros. shareholders."
WINDSOR, ON--(MARKET WIRE)--Jul 31, 2006 -- Sulja Bros. Construction Supplies, Ltd. (Other OTC:SLJB.PK - News) today announced that it will release pertinent and positive financial information to its shareholders. Year-end (fiscal) numbers will show revenues of $63M+ for 2005 and gross profits of approximately $28M+. The net profit for the year-end audit will surpass $15M. Monthly financials and a pro-forma will soon be available to the public at www.suljabros.com. CEO Steve Sulja stated that although "the numbers show a good year, we intend to increase margins and overall revenues quite substantially in 2006." The company anticipates NET profits greater than $3M from the supply-side agreements it has attained with the Red Sea Group, an investment banking and asset management group with interests primarily in the Middle East. A spokesman from the Red Sea Group confirmed the above and stated that, "the Company's partnership with Sulja Bros. is bursting with potential that is rare among businesses seemingly so disparate in geography." CEO Sulja and The Red Sea Group also reiterated that there will not be a reversal of shares, and that the new entity is capable of sustaining the numbers necessary to reach a broader exchange. WINDSOR, ON--(MARKET WIRE)--Jul 25, 2006 -- LoftWerks/Sulja (Other OTC:LFWK.PK - News) announced today that the company will not reverse split its shares. A company spokesperson commented: "The Company believes that the net earnings already booked will easily raise the share price to an acceptable level." CEO Steve Sulja stated: "After reviewing all the documentation and consulting with the Red Sea Group, we have come to the conclusion that there is no need to reverse our shares. Price appreciation of our shares should easily beat the NASDAQ requirements for up listing. Our net earnings will raise the eyebrows of many investors."
LoftWerks/Sulja -- Red Sea Group Replaces Kore International for Investor Relations Friday July 14, 10:07 am ET WINDSOR, ON--(MARKET WIRE)--Jul 14, 2006 -- A LoftWerks/Sulja (Other OTC:LFWK.PK - News) company spokesperson announced today that Kore International has reached a mutual agreement with Red Sea Group to strengthen Investor Relations. All Investor Relations functions will be performed by Red Sea Group in the near future. Red Sea Group is located in Abu Dhabi, United Arab Emirates. Red Sea Group will introduce current LoftWerks/Sulja Abu Dhabi and Saudi Arabian projects to Middle Eastern investors in conjunction with the Investor Relations function. CEO Steve Sulja stated: "Consultech's initial business reach into the Middle Eastern market is rapidly expanding. LoftWerks/Sulja is gearing up to supply these large projects."
LoftWerks/Sulja Completes Share Increase for Reverse Merger Wednesday July 12, 9:29 am ET WINDSOR, ON--(MARKET WIRE)--Jul 12, 2006 -- LoftWerks/Sulja (Other OTC:LFWK.PK - News) increased its common shares to 800 million shares. A company spokesperson commented: "The incorrect value listed at the State of Nevada is being corrected to show 800 million Authorized shares for LoftWerks/Sulja."
$$$$$MUST VIEW THE SHARE STRUCTURE$$$$$$$ 800,000,000 authorized -- 362,000,000 Closely held by insiders. **162,000,000 Million of those held restricted** -- 300,000,000 In Treasury earmarked for Consultech ownership during and/after takeover NASDAQ listing. -- 50,000,000 in certificate form by insiders, who do not need to file for sales under SEC REG144 www.sec.gov -- An additional 78,000,000 owned in various certificate and electronic form that is also held by LFWK insiders and accounted for as not currently trading. -- Leaving approximately 178,000,000 free-trading shares in the public float (40Million of which can be accounted for by LFWK management as issued to non-insiders).
DTC reports Market Maker Short Interest Nevada Filings D&B Reports Windsor, Ontario Tax Notices et al are available for members at http://priinvestmentgroup.com/index-4.html
OK IF THAT IS TO HARD. THINK THIS. THE ENTIRE FLOAT OF LFWK IS CURRENTLY 178 MILLION SHARES.
WITH THE MAJORITY OF THE SHARES LISTED ABOVE BEING IN THE HANDS OF THE COMPANY AND INSIDERS AND/OR RESTRICTED IT IS EASY TO ASSUME THAT THE PRICE WILL SKYROCKET FROM THESE LOW LEVELS BASED ON THE 178 MILLION SHARE FLOAT.
LoftWerks/Sulja Bros.: Render Filings to Complete Merger Thursday May 11, 1:52 pm ET WINDSOR, ON--(MARKET WIRE)--May 11, 2006 -- LoftWerks, Inc. (Other OTC:LFWK.PK - News) 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.suljabros.com.
LoftWerks/Sulja's Parent Company Consultech Furthers Middle East Growth WINDSOR, ON, May 17, 2006 (MARKET WIRE via COMTEX) -- LoftWerks (OTC: LFWK) LoftWerks/Sulja Bros. today announces that Consultech's Midwest Operation has signed a new contract in partnership with Intec Industries in Berlin to construct two tire recycling plants in the Middle East. Intec Industries is a world renowned and front runner of tire recycling technology. The first plant is to be located in Saudi Arabia and the second one is to be constructed in the United Arab Emirates. Consultech Director General, Petar Vucicevich, upon signing the contract in Berlin, stated, "We are pleased to sign another agreement with our friends in the Middle East. We have been doing business in the region for a few years now and this new project solidifies our presence even more. At the same time, we have a new partner in Intec Industries. We plan on furthering our business in the future once our project in the Middle East is a success." A Consultech spokesperson stated that all necessary fixtures, construction and finishing materials would be provided through Sulja Building Supply. This project is estimated to generate 30 Million Euros; construction on the site will begin in August 2006; completion date is projected in about 8 months. We are all familiar with the damage done in the Gulf Coast area especially in Mississippi and Louisiana areas when hurricane Katrina rolled through the area last year. We are not the only ones aware so are many building, constructions companies and so is LoftWerks/Sulja. Opportunities present themselves to companies that are fast to establish themselves to assist in rebuilding cities/areas such as Gulf ports Biloxi and New Orleans. In addition we are watching LoftWerks expand into the Middle East "completing negotiations for the land and construction of a 280 room exclusive luxury hotel on the Al Reem Island, in Abu Dhabi, UAE, 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."
Project Financing & Legal Services I believe Adam S. Gottbetter's firm Gottbetter Capital will be used for all financing needs for the ventures the combined companies LoftWerks, Sulija Bros. & Consultech. "Mr. Gottbetter has created a one-stop shop approach to legal and finance services for micro cap public companies." Adam S. Gottbetter is the CEO of Gottbetter Capital, a hedge fund which provides structured investments to public companies and to private companies as part of a committed going public transaction. The Fund relies on a variety of structures including convertible securities, self-liquidating debentures, equity line financings, and at-the-market offerings for opportunistic, distressed and development stage public companies to meet their working capital and acquisition financing needs.
Adam S. Gottbetter is the Managing Partner of Gottbetter & Partners, LLP, a law firm which offers corporate, securities and M&A legal services to support the corporate finance services of public companies seeking access to the capital markets as well as private companies as part of a committed going public transaction. Mr. Gottbetter specializes in reverse merger transactions and an alternative structure for taking companies public called a "GPO", or Gottbetter public offering, in which a company takes itself public without an underwriter. Since 1993 Mr. Gottbetter has created a one- stop shop approach to legal and finance services for micro cap public companies.
“About "The Gulf Coast: Road To Renewal" More than seven months after Hurricane Katrina struck New Orleans and the Gulf Coast, the region is hardly back to normal. Fewer than half of New Orleans residents have returned since the storm, and 9.9% of Mississippi residents remain unemployed -- more than double the national average. But there are some hopeful signs. Rebuilding plans are starting to take shape, and Federal funds are beginning to flow to affected areas. So what is the status of rebuilding efforts? As individuals struggle to piece their lives back together, are they getting the help that they need? And how will the Gulf Coast that emerges from the damage compare with the one that existed before Katrina?” Source Nightly Business Report LoftWerks/Sulja / Consultech Construction Management, Inc.'s Midwest office “After merging with Sulja Bros. Building Supplies, Ltd., LFWK will finalize the full reverse transaction with Consultech Construction Management, Inc.'s Midwest office.” Source press release, 03/13/06.
The merged companies LoftWerks, Inc and Sulja Brothers Building Materials, Ltd along with the parent company of Sulja Bro. Consultech Construction Management, Inc., have plans to make their presence known in the MidWest andGulf Coast Regions. Once LoftWerks/Sulja merge “LFWK will finalize the reverse transaction with Consultech Construction Management, Inc.'s Midwest office” is complete the combined companies will have a large presence in the Gulf CoastSource press release, 03/13/06. Recent press releases indicate the presence LoftWerks/Sulja has planned for the Gulf Coast regions that we ravaged by Hurricane Katrina. Also LoftWerks/Sulja is focusing on the Midwestern region of the United States. LoftWerks/Sulja is building “two state of the art lumber distribution” centers one in Detroit and an “identical facility in Louisiana, just outside of the New Orleans metropolitan area.” “Petar Vucicevich, Director-General of Consultech Construction Management, Inc., the parent company of both LoftWerks and Sulja Brothers, identified the end of June 2006 as the projected completion date for the Detroit facility. "Sulja Brothers should realize revenues in excess of $22 Million by the end of its fiscal year with the addition of this completed facility," he said. "We expect similar revenue generation when the Louisiana facility comes on-line." Source 04/11/06 press release.
Sulja Bros. Valuation Hard Assets .05 per share In the March 7th Press Release there is a paragraph about hard assets and current average annual revenue. "A twenty-four year old business, Sulja Bros. has achieved steadily increasing revenues since its inception that now average over $30M annually. The company currently has assets totaling more than $25M." Source Link: http://biz.yahoo.com/iw/060307/0112383.html With 500,000,000 shares issued divided into $25,000,000 this is hard per share value of .05 cents per share with no multiple. LoftWerks/Sulja New CEO Steve Sulji & Other Interim Board of Directors CEO: Steve Sulja “Spokesmen for both of these companies confirm that revenues have increased by a minimum of 150% during Mr. Sulja's tenure in these positions.” Who better for the merger combination of LoftWerks/Sulja to name as CEO to head up these expanding operations then the dynamic Steve Sulji, 38, who has held the position of “Director of Sales and Marketing for both Consultech Construction Management, Inc., a position he has held for five years at Sulja Brothers Building Materials, Ltd., where he has been for the last ten years.” The dynamic Mr. Sulji was excited in his response about capturing these additional markets commenting, “"I am ready to hit the ground running in the implementation of some new ideas concerning expansion and the capturing of additional market share, and I am grateful that the Board of Directors has shown its confidence in my leadership."” Source 04/11/06 press release. This young dynamic CEO is just what shareholders need as LoftWerks/Sulja enter into the Detroit and the Gulf Coast markets that were ravaged by Hurricane Katrina. President:: Leo Joseph Meloche
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. Secretary: Leslie A. Budway Ms. Budway is currently in-house credit analyst for Sulja Brothers, a position she has held for six years. Toronto, Ontario & Hurricane Katrina Loft Projects Readers if you don’t understand what Loft apartments are do a Google search for the area you live in then read what has been taking place throughout the United States metropolitan areas for the last 15 years. Loft apartments are rented and sold for major money. For many years in the Portland, Oregon area older historical buildings have been converted to loft style living. Many inter-city workers like the downtown atmosphere and living close to work and inexpensive transportation such as bus and trolley. These lofts are not cheap renting for $1,000 plus per month and are sold for hundreds of thousands http://www.portlandlofts.com/ . Rental and sale costs are closely related no matter where lofts are built this should especially be true in the New Orleans and Ontario areas. The historical buildings located in these areas can be converted supplying housing for many. Katrina loft projects have a sexy appeal to investors. As an investor this allows me an avenue to participate in an investment vehicle that I would have never dreamed possible. I can imagine the amount of Loft conversions in this historical building rich gulf coast area that exists for LoftWerks/Sulja as they establish their presence.. Add the outlying areas and Mississippi regions to the loft projects this is a HUGE REVENUE stream for the merged LoftWerks/Sulja Bros. combination. LoftWerks/Sulja “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.” Source press release, 04/12/06. Louisiana New Orleans area itself could keep a loft project company busy for many years. The possibilities are huge for the company and to participate as an investor is also huge for nice percentage returns on our investment money.
Robotic-enhanced Truss Manufacturing Facilities LoftWerks/Sulja announced their plans to build and operate “two automated, robotic-enhanced truss manufacturing facilities in the markets of Kitchner, Toronto, Ontario Canada and in the Gulf Dale/Biloxi Mississippi area (both announced previously as target niche markets by a company spokesman).” LoftWerks/Sulja will have an enormous cash cow once these two facilities are finished. “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 Press Release, 04/13/06. These sites don’t need fine tuning because Sulja has a running facility so constructing and operating two more projects should be completed with ease.
LoftWerks Expands to New Projects in the Middle East Recently, CEO Steve Sulja, announced "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,
"THIS IS MY SECOND FAVORITE THAT COMES TO FULL FRUITION IN 48 HOURS" GRPIII LoftWerks Share Structure & Short Seller Captured Capital As insiders buy shares of LFWK they state they control more shares then the actual float. They have actually made their own phrase to define what they have done it’s called "Short Seller Captured Capital". “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."” Source Press Release 03/13/06.
Dividends Add in dividends mentioned in the 03/13/06 press release and anyone or any market maker short LFWK has trouble coming for them. "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." Projected Gross Revenue, Net Revenue & Related Costs The projected Revenue and costs of projects in recent press releases indicate the completed merger is huge. "It is projected that once Sulja Bros. settles into its new role, revenues should reach $200M annually within a twenty-four month period." Biloxi, Mississippi: Construction of 300 permanent residential units and several commercial properties will begin May 1st 2006 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. equals $ $8.1 Million plus net profit margin
CURRENT REPORTED ASSETS EXCLUDING NON-REPORTED ITEMS RELATIVE TO THE PENDING FILING" GRPIII -New buildings in Louisville, KY. The collective purchase price is $3.98M. The estimated net profit upon project completion is $1.8M. -Savannah, Georgia, and New Orleans, Louisiana $8M (USD) will be allocated as the initial budget for property acquisition. -two additional renovation projects in Nashville. These projects are a reformation of two entities: (1) a single large office building restructured into approximately fifty condominium units, and (2) a multi-structured renovation of several adjoining buildings into both residential and commercial facilities. The combined value of the two projects is estimated at $50 million when lease options, revenue sharing, and the available and pursued tax credit benefits are considered. Source LFWK News Releases: http://finance.yahoo.com/q/h?s=LFWK.PK Al Reem Island is The Real Deal "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....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." Source Link: http://biz.yahoo.com/iw/060421/0124378.html
LoftWerks/Sulja Releases Exchange Move Progress Friday May 5, 1:30 pm ET WINDSOR, ON--(MARKET WIRE)--May 5, 2006 -- LoftWerks, Inc. (Other OTC:LFWK.PK - News) 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/Sulja Bros. Complete Audit Friday May 5, 12:37 pm ET WINDSOR, ON--(MARKET WIRE)--May 5, 2006 -- LoftWerks, Inc. (Other OTC:LFWK.PK - News) today announced that Sulja Brothers Building Materials, Ltd. has completed their audit process for upcoming financial reports, and that the information will soon be posted on the company's web site. The auditing firm, with locations in Canada, The U.S., and Europe finalized the process yesterday. A Sulja spokesperson stated that the transition to a public market could not occur at a better time. "Our merger into the LFWK public vehicle and the full slate of viable and on-going projects will allow 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." LoftWerks/Sulja Completes Audited Company Financials Friday May 5, 12:34 pm ET WINDSOR, ON--(MARKET WIRE)--May 5, 2006 -- LoftWerks Inc. (Other OTC:LFWK.PK - News) announces its first exchange move milestone has been achieved. On May 4th, 2006, the merged company of LoftWerks Inc. and Sulja Brothers Building Supplies completed audited financials. The audits were conducted by a premier international accounting firm. The financials were submitted to the Company Directors and Gottbetter & Partners, LLP on the same day.
-PARTIAL CLIENT LIST- LOFTWERKS,CONSULTECH AND KORE
Ramada General Seltzer Management Group, Panama City Beach, Florida First Housing, Tampa, Florida SouthTrust Bank, Orlando, Tampa, Florida City National Bank, Miami, Florida Key Bank, Tampa, FL, Cincinnati, Ohio, Indianapolis, IN SunTrust Bank, Tampa & St. Petersburg, FL, Atlanta, Georgia Bank of America, Tampa, Winter Park & Miami, Florida, Walnut Creek, California; Houston, Texas Republic Bank, Port Richey, St. Petersburg & Orlando, Florida SouthTrust Corporation, Birmingham, AL AmeriNational , Tampa, FL, Downey, CA First Union Bank, Jacksonville, Florida GMAC, Philadelphia, PA L.A.M. Management, Inc. Venice, Florida LELY Development Corporation., Ft. Myers, Florida Bay Cities Bank, Tampa, Florida Continental Wingate Associates, Inc. Needham, MA The PNC Financial Services Group, Pittsburgh, PA Landmar Enterprises, Inc. Philadelphia, PA The Wilson Company, Tampa, Florida CitiBank, New York, New York CED Capital Holdings, Maitland, Florida J. P. Morgan Chase & Co., New York, New York Related Capital Company, New York, New York Royal Castle Development Corporation, North Miami, Florida The Carlisle Group, Coconut Grove, Florida The Cornerstone Group, Coral Gables, Florida Pinnacle Housing Group, Miami, Florida
Consultech: Sulja Bros. Building Supplies, LTD. to Be Primary Distributor for Post-Merger Projects Friday March 3, 1:49 pm ET NASHVILLE, TN--(MARKET WIRE)--Mar 3, 2006 -- LoftWerks, Inc. (Other OTC:LFWK.PK - News) today announced that the first phase of its merger with Consultech Construction Management, Inc. has been initiated. Sulja Bros. Building Supplies, LTD., the primary distribution arm of Consultech's midwest operations has begun merger protocols with LFWK. The move solidifies the certainty of Consultech's imminent migration into the LFWK public vehicle. 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 steadily increasing revenues since its inception that now average over $30M annually. The company currently has assets totaling more than $25M. It is projected that once Sulja Bros. settles into its new role, revenues could top out at the $200M+ within twenty-four months. The increased inventory alone could place the company's assets at over $125M.
LFWK: Sulja Brothers Announce Agreement With Consultech for Building Materials in Middle East Monday May 1, 1:40 pm ET WINDSOR, ONTARIO--(MARKET WIRE)--May 1, 2006 -- LoftWerks,Inc. (Other OTC:LFWK.PK - News) 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.We expect ancillary products to spin off additional revenues that could reach the $300M mark within three years," he said.A company spokesperson stated that the project is expected to generate $130M in revenues over the next two years.
"305MILLION IN TWO YEARS. SAY 100 MILLION GOES TO THE BOTTOM LINE 100MILLION EARNINGS/ 850MILLION SHARES = .11 CENTS A SHARE EPS. .05 EPS WILL BE IN ADDITION TO OUR OTHER REVENUES & EARNINGS" GRPIII
LoftWerks (LFWK) Announces New Projects in the Middle East Region Friday April 21, 12:36 pm ET WINDSOR, ON--(MARKET WIRE)--Apr 21, 2006 -- New LoftWerks (Other OTC:LFWK.PK - News) 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.
ONE OF THE STRONGEST HOTEL MARKETS ON THE PLANET. DD IT YOURSELF. FINANCING ALREADY IN PLACE. NO CD ‘S-8’S
LFWK /Sulja Bros. Merger Leads to Lumber Supply Agreement With Liberian Government Wednesday April 19, 2:06 pm ET Margin on Staple Could Increase From 12% to 31% WINDSOR, ON--(MARKET WIRE)--Apr 19, 2006 -- LoftWerks, Inc. (Other OTC:LFWK.PK - News) 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 sanction
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.
"ALL THOUGH LIBERIA TIMBER IS NOW SANCTIONED. WITH THIS AGREEMENT IN PLACE WITH THE NEW PRESIDENT. SULJA WILL HAVE PRIORITY ON ACCESSING THEIR TIMBER WHICH IS THEIR 3 MOST IMPORTANT EXPORT DECREASING THEIR LUMBER COSTS BY 25%." GRPIII
Sulja Bros. Set to Inherit LFWK Vehicle: CEO in Windsor Vows Broader Exchanges for New Company Tuesday April 18, 3:44 pm ET NASHVILLE, TN--(MARKET WIRE)--Apr 18, 2006 -- LoftWerks, Inc. (Other OTC:LFWK.PK - News) 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."
LoftWerks, Inc. (LFWK)/Sulja Bros. Announces Two Manufacturing Facilities Thursday April 13, 1:03 pm ET Truss and Wall-Panel Robotics Facilities Will Increase Niche Production 300% Over Current Segment in Canada NASHVILLE, TN--(MARKET WIRE)--Apr 13, 2006 -- LoftWerks, Inc. (Other OTC:LFWK.PK - News) 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).
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.
4 MILLION X 300% = 12MILLION DOLLARS \ 1 YEAR = 6 MILLION BY DECEMBER 2007 LoftWerks/Sulja Team to Begin Two New Projects Wednesday April 12, 2:33 pm ET Ontario and Mississippi Ventures Should Generate $100M NASHVILLE, TN--(MARKET WIRE)--Apr 12, 2006 -- LoftWerks, Inc. (Other OTC:LFWK.PK - News) 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.
LFWK/Sulja First Plans for Expansion Tuesday April 11, 1:00 pm ET Projected at $22M Within One Year NASHVILLE, TN--(MARKET WIRE)--Apr 11, 2006 -- LoftWerks, Inc. (Other OTC:LFWK.PK - News) today announced its first post-merger project with new partner, Sulja Brothers Building Materials, Ltd. This project involves the development and construction of a state of the art lumber distribution center in the Detroit area. LoftWerks Chairman of the Board Dennis Ammerman will consult on the construction of the facility, and will utilize materials from this location for all urban revitalization projects in the Midwestern region of the United States. "This facility will greatly enhance our productivity and efficiency through coordinated material acquisition," he said. "It will help us control costs, and streamline our distribution process."
Petar Vucicevich, Director-General of Consultech Construction Management, Inc., the parent company of both LoftWerks and Sulja Brothers, identified the end of June 2006 as the projected completion date for the Detroit facility. "Sulja Brothers should realize revenues in excess of $22 Million by the end of its fiscal year with the addition of this completed facility," he said. "We expect similar revenue generation when the Louisiana facility comes on-line." SULJA BROS SHOULD REALIZE REVENUES OF 22MILLION BY EOY 2006 READ IT AGAIN 22 MILLION. SAY THEY RETAIN 18 MILLION IN EARNINGS
Status: Active on 5/9/2006 File Date: 4/19/2005 9:13:58 AM Type: Domestic Corporation Corp Number: E0226382005-5 Qualifying State: NV List of Officers Due: 4/30/2007 Managed By: Expiration Date:
Resident Agent Information
Name: CRA OF AMERICA, INC. Address 1: 3638 N. RANCHO DRIVE Address 2: SUITE 6 City: LAS VEGAS State: NV Zip Code: 89130 Phone: Fax: Email: Mailing Address 1: Mailing Address 2: Mailing City: Mailing State: Mailing Zip Code:
View all business entities under this resident agent
Financial Information
No Par Share Count: 0 Capital Amount: $ 850,000.00 Par Share Count: 850,000,000.00 Par Share Value: $ 0.001
Officers Include Inactive Officers
Secretary - LESLIE A BUDWAY Address 1: 3638 N RANCHO Address 2: City: LAS VEGAS State: NV Zip Code: 89130 Country: Status: Active Email:
Treasurer - LESLIE A BUDWAY Address 1: 3638 N RANCHO Address 2: City: LAS VEGAS State: NV Zip Code: 89130 Country: Status: Active Email:
President - LEO JOSEPH MELOCHE Address 1: 3638 N RANCHO Address 2: City: LAS VEGAS State: NV Zip Code: 89130 Country: Status: Active Email:
Director - STEVE SULJA Address 1: 3638 N RANCHO Address 2: City: LAS VEGAS State: NV Zip Code: 89130 Country: Status: Active Email:
We will see all sorts of things happen on this Mad Hatters ride up. Flippers will be in and out dozens of times, MM's will face their worst nightmare, and patient "Longs" will own the satisfaction of that once in a lifetime investment and praise the tout who brought the name Sulja Bros. to their attention. And the "Shorts" will forever "remember the month they played the Titans!"
MORE INFORMATION TO COLLECTED SHORTLY. IF YOU HAVE ADDITIONAL FINANCIAL DATA, PLEASE EMAIL IT OR IM ME WITH IT AS THIS WILL BE OUR NEXT FORAY INTO CORRECT COMPANY PRICING.
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Seems as if the fins. will fade into the night. I think that KPMG came back with an unsatisfactory audit, and they are having someone else do it with a nice TOUCH UP JOB to it. I was talking to some of my business associates that worked for Arthur Anderson, and they said it really shouldn't have taken this long. I have always been the biggest positive here, but now am turning negative in light of the recent developments.
Posts: 4381 | From: houston | Registered: Mar 2006
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Just great, so what the hell is a "big 5" firm? Isn't it big 4? Also where is KPMG name mentioned in here? They aren't. And its no longer on marquees website. Trouble JMO
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
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quote:Originally posted by stocktrader22: Just great, so what the hell is a "big 5" firm? Isn't it big 4? Also where is KPMG name mentioned in here? They aren't. And its no longer on marquees website. Trouble JMO
WHAT? I didn't notice that at first. So what I just posted was true. I knew it.
Posts: 4381 | From: houston | Registered: Mar 2006
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Wow, it not there. I called it, like Babe Ruth calling the shot famous shot. Very upsetting Indeed.
Posts: 4381 | From: houston | Registered: Mar 2006
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quote:Originally posted by invester: Seems as if the fins. will fade into the night. I think that KPMG came back with an unsatisfactory audit, and they are having someone else do it with a nice TOUCH UP JOB to it. I was talking to some of my business associates that worked for Arthur Anderson, and they said it really shouldn't have taken this long. I have always been the biggest positive here, but now am turning negative in light of the recent developments.
This is exactly the point I have been trying to convey.
The company was making it seem as though they were going to recieve the audited's, post them up as soon as they got them, and in between getting them & posting them, something happened.
The only thing that would delay the posting of them is them not being what they claimed to be to the public. Now, they are in a position to start from scratch, and attempt to possibly get another firm to bring them closer to where they need them to be.
I say they may be back to square one. I have no facts or proof of this, just trying to make sense of this.
If you've noticed there has been no mention of KPMG recently. Are they still in? Who knows.....they have been very vague.
Invester, you are right, you have actually been one of the biggest positives here, and when someone like yourself starts to have doubt and concerns, that's troubling. I for one, have never been made to feel secure here so this is all not a big shock to me.
As I've said before, I've just been holding out for the audited's, now I am even more concerned about who is actually doing them, and will they be trustworthy. I search for DD every day that will help me feel more secure here and all I uncover is more holes and deception.
This is all just my opinion, everyone has the right to make their own decisions and believe what they want. Do your own DD to make yourselves feel comfortable in your positions.
-------------------- ~You aren't wealthy until you have something money can't buy.~ Posts: 3070 | From: CT | Registered: Apr 2006
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quote:Originally posted by stocktrader22: Just great, so what the hell is a "big 5" firm? Isn't it big 4? Also where is KPMG name mentioned in here? They aren't. And its no longer on marquees website. Trouble JMO
Yes, it's 'Big 4'.
Maybe PV said 5 because he just doesn't have a clue to what he's talking about. Or maybe it is a new one.
After all, this is a guy who's been thrown into this position, and leaving in five months.
-------------------- ~You aren't wealthy until you have something money can't buy.~ Posts: 3070 | From: CT | Registered: Apr 2006
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Expected more? They had KPMG do it, and then there off the case. For what reason? There is only one, the numbers didn't match there expectations, so they move on to the next. Get real, this is crap. You know it, and I know it.
Posts: 4381 | From: houston | Registered: Mar 2006
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quote:Originally posted by stocktrader22: Just great, so what the hell is a "big 5" firm? Isn't it big 4? Also where is KPMG name mentioned in here? They aren't. And its no longer on marquees website. Trouble JMO
Yes, it's 'Big 4'.
Maybe PV said 5 because he just doesn't have a clue to what he's talking about. Or maybe it is a new one.
After all, this is a guy who's been thrown into this position, and leaving in five months.
*shakes head*
Man, people jump the gun wayyyy to fast. Come on its a Pinkie... and there have been no flat out LIES that anyone can solidly point to. So they had trouble with the AF's. I will give anyone the benefit of the doubt "once". And SLJB has not shown me anything to doubt them yet.
Maybe in time they will, but as of October 6th, they look ok to me.
Bahh what am I getting worked up about, the Tigers are on Posts: 723 | From: MotorCity | Registered: Jun 2006
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But you guys/gals flat out lied about there not being a "Big 5", and I just wanted to let the others know, that there is... Just doing my DUE DILIGENCE.
I want the other readers of this board/stock, to know that their CEO statement had nothing that was LIED about. At least for now...
And Wit and Stocktrader22 have been given the benefit of the doubt by me (my one time), on the mis-information of their ONLY being a Big4.
Red
Posts: 723 | From: MotorCity | Registered: Jun 2006
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quote:Originally posted by invester: Expected more? They had KPMG do it, and then there off the case. For what reason? There is only one, the numbers didn't match there expectations, so they move on to the next. Get real, this is crap. You know it, and I know it.
Exactly! They said KPMG did them. That's what they said!
Now,....who is doing them? And,....why are they being re-done?
Come on guys??? why is this being swept under the carpet by some? Petar did not mention them AT ALL today.
I do not know,.....no one yet knows, but the question has to be raised as to what happened to the first audited's.
[ October 06, 2006, 22:29: Message edited by: Wit ]
-------------------- ~You aren't wealthy until you have something money can't buy.~ Posts: 3070 | From: CT | Registered: Apr 2006
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quote:Originally posted by invester: Expected more? They had KPMG do it, and then there off the case. For what reason? There is only one, the numbers didn't match there expectations, so they move on to the next. Get real, this is crap. You know it, and I know it.
Exactly! They said KPMG did them. That's what they said!
Now,....who is doing them? And,....why are they being re-done?
Come on guys??? why is this being swept under the carpet by some? Petar did not mention them AT ALL today.
I do not know,.....no one yet knows, but the question has to be raised as to what happened to the first audited's.
Bahh, until I see something in the AF's, when and if they come out, that says something different from what they had said they had in contracts for the past 4 months... then that is the day I am completely out.
But too much worrying over a CEO statement seems to be the topic on this forum. But that's OK, we need a + and - to each side, which I do like to see.
Just make sure to do a little DD before saying ther is NOT something, or that there IS something.
Red
Posts: 723 | From: MotorCity | Registered: Jun 2006
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First it was Pricewater/KPMG, then just KPMG. Now they have moved to a completely different auditor. The only job an auditor has is to audit. What, KPMG wasn't good enough for them? B.S.!!!! The numbers didn't match up, and the moved to a guy that may move some debit over to assets. LoL. In all seriousness, this is a true red flag in my book, and will be selling most of my holdings. You all can fool yourselves, and keep hope alive, but don’t kid yourselves. I have too many other gems up my sleeve to F with this anymore. There market cap is already 60 million anyway. I am truly pissed here. GRRRR.
Posts: 4381 | From: houston | Registered: Mar 2006
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It seems as if some of you trade blindly. I hope that’s not how you live your lives. These are the flags you look for my friend. Don't ignore them, or you will get burned 90% of the time. These are my opinions, and you can obviously do what you want. Don't fool yourselves, this is a pejorative.
Posts: 4381 | From: houston | Registered: Mar 2006
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