posted
Thanks Lu, but that form was filed for CSIN. It has nothing to do with CWMF other than Mr. Guthrie is the CEO of both companies.
I don't think I would characterize it as "pocket change" without futher proof. That transfer could have been for any number of business related expenses which have nothing to do with CWMF.
-------------------- All of my posts are based on my opinion. My opinions are based on the info available to me at any given point in time. Do your own DD and see if you concur.
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posted
I had little trouble figuring out it was for CSIN, and you are correct Mr Guthrie is involved with both companies. That being said I was just interested in what others thought of this information.
posted
We still have plenty of time to run up. Don't think it is over by any means. Remember, there will be those getting on board for the free shares so that alone should drive us up. Any positive pr is only more iceing on the cake.
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posted
It's funny when i read this thread and alot of people come down on me for being neg.but i only post pr's from the company or the price of the stock at the moment or the bid/ask price.I hear people alot more negative then myself post and nothing is said to them,funny.As for knowing my situation i would say you are wrong.I am retired at forty years old because i made the right investments for instance i put many thousands of dollars in companies when they first went public like...TASR,EBAY,DELL.I was taught to invest young so i invested in these at differant times and made a killing.I use what i call fun money for these stocks i just hate seeing people getting the short end of the stick by others that say that you better by this or you will miss the boat.Very few companies in the pinks make it long term but most everyone has the dream of being rich.So when you tell me what a loser i am think about the others on this and other threads telling you this is a can't miss stock and in a year from now see if you ever hear from them again.They will be sipping drinks on an Island with your money.
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posted
need something to get the ball rolling here ;-)
Im out at .0010, before that if the gettin is good
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.
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-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.
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posted
News for 'CWMF' - (Commonwealth American Financial Group to Apply for Contracts Above $25,000)
ST. PETERSBURG, Fla., Sep 28, 2005 (BUSINESS WIRE) -- Commonwealth American Financial Group, Inc. (Pink Sheets:CWMF) announces that it has submitted through its wholly owned subsidiary Hawkesbury River Funding of Texas, Inc. an application to view and receive contract documents for all Federal Business opportunities above $25,000 in value.
Hawkesbury River Funding of Texas, Inc. has been established to coordinate efforts to bid and administer contract documents to various subcontractors and perform joint ventures with existing firms located in the Hurricane affected areas in Louisiana and Texas. Hawkesbury River Funding, has received a FEMA approval contractor number from DHS-FEMA. Joint venture offers have been received and are being negotiated from architects, demolition contractors, and environmental health firms who also need partners to work in the rebuilding of the region.
While the mission of Commonwealth American Financial Group, Inc. is to invest in land development projects either as developer, joint venture partner, or lender and create mezzanine financing opportunities, the opportunities that are presenting themselves are such that companies like Architects, engineering companies, and debris removal companies need partners to fund their work which will be paid by either FEMA or private insurance carriers.
Damian Guthrie, 'President' said: "We anticipate that in the coming week's contracts surrounding the re-building effort will become more transparent to corporations like ours wishing to bid in an open market for the reconstruction work that is necessary in those areas."
The company will also grow by acquiring subsidiaries in related fields such as construction, real estate brokerage-appraisal-management, in Florida, Texas and Louisiana. The Company has established a website http://www.cwmf.net and trades under the symbol (Pink Sheets:CWMF).
FORWARD LOOKING STATEMENTS: This information includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to mange growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel as related to the industry. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this issue.
SOURCE: Commonwealth American Financial Group, Inc.
CONTACT: Commonwealth American Financial Group., St. PetersburgDamian Guthrie, 786-246-1077Fax: 727-895-8735
mms loading up for the rest of the week, or, this is gonna get ugly
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.
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-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.
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posted
agreed, the only glimmer of good in that was to announce they are going after ALL federal contracts above $25k, which does not just limit them to FEMA contracts
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.
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posted
Commonwealth American Financial Group Announces No Changes to the 50:100 Forward Split Business Wire - September 28, 2005 10:21
ST. PETERSBURG, Fla., Sep 28, 2005 (BUSINESS WIRE) -- Commonwealth American Financial Group, Inc. (Pink Sheets:CWMF) announces that the company will be going ahead as planned with the forward split set for Friday, September 30. The record date for the forward split is September 30, 2005. As of this date all shareholders on record will be issued an additional 50 shares of common stock for every 100 shares of common stock owned as of this date.
The mission of Commonwealth American Financial Group, Inc. is to invest in land development projects either as developer, joint venture partner, or lender and create mezzanine financing opportunities. The company will also grow by acquiring subsidiaries in related fields such as construction, real estate brokerage-appraisal-management, in the states of Florida, Texas and Louisiana.
Mr. Guthrie 'President' said: "We have had a tremendous amount of interest in the company to date and we would like to thank everyone that has invested in Commonwealth American Financial Group, Inc."
FORWARD LOOKING STATEMENTS: This information includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to mange growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel as related to the industry. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this issue.
SOURCE: Commonwealth American Financial Group, Inc.
Commonwealth American Financial Group., St. Petersburg Damian Guthrie, 786-246-1077 or Fax 727-895-8735
Copyright Business Wire 2005
-------------------- "As long as there are dreamers, there are dreams that will come true."
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posted
I left Guthrie another message. If he doesn't come up with the goods his name will be on this and other message boards with his former companies that have taken people for rides. I am like Jmoove, make sure to get out at a good time. Don't get greedy on this one because it could potentially bite you.
posted
I don't see it that way. Not trying to be negative, but either Guthrie is throwing these PR's out there to try and sustain investors, or he doesn't know how to write a very good PR.
In the first paragraph, it says that "...has submitted and application...to view and receive contract documents for all Federal Business opportunities above $25,000 in value."
They submitted an application! So what!
The second paragraph states that they are negotiating joint ventures with architects, etc, to work in the region.
I got news for you. I'm negotiating a joint venture with the neighbor kid next door to mow my grass. But he hasn't received approval from his parents to work for me.
The PR says nothing in my opinion, but take it for what it's worth.
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posted
my point was that they arent going for just disaster contracts, its a small positive in a pr that simply restates what the last 5 have said
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.
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