posted
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
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
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 ???
-------------------- This is the start of something big Posts: 242 | From: Michigan | Registered: Apr 2006
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