posted
I have to agree, but it would probably be smarter to publish a toll-free 800 number and have that diverted to a cell phone. That's what I do, too ))
quote:Originally posted by Slippery Wing: I don't know that I'd get too bent up on the "cell phone as primary number" issue. For a one man show who has to travel a lot, and is rarely "in the office", it wouldn't make much sense to even have a land-line.
He probably DOES have the office in Saint Pete's, but probably doesn't have much more than a desk and fax machine.
Probably doesn't have much walk-in traffic, so there's really no need to publicize the office in the form of a name plate on the door.
I guess in my opinion, this really isn't to sub-par for a sub-penny company in my opinion.
posted
Guys...Guys... Easy now. Lets not bash the stock. If you are not happy get out. Things will soon get better and DONT believe Dave!!
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It is of concern that myself and numerous stock holders are not being kept abreast of contract potentials. You have said in the past that cwfg had x amount of contracts that you were bidding on. Please keep us informed of the status of these potential contracts. Many of us believe in OUR company and would like a response concerning this matter.
I sent this to Guthrie 5 minutes ago. WE NEED A RESPONSE.....pray.
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posted
This comapny doesn't even have any SEC filings except for a "REGDEX:Registration of sale of securities" from May of this year. Does anyone else find this odd.
Also, when you call the phone number listed, you get a poorly recored voice message from Guthrie himself. How the the hell are the Feds supposed to contact this loser about the millions of dollars in contracts he's been supposedly waiting to hear about. More likely they'll say, "sorry can't contact CWFG, let's move on to the next company and see if we can reach a live person".
What kind of company is this. I've seen snowball stands which were easier to reach with questions and which put out more information about their business.
If I can get 1/2 my money back (0.0003) I'm gone out of this dog, and I may not even wait that long. These so called financial companies have always kicked my butt, and I've finally learned my lesson with this one to stay the hell away from them.
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posted
they are not a reporting company, a pinksheet, they dont need to file anything
-------------------- 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
the mysterious dave??? whats the difference? One man show, no wonder he doesnt answer his phone for all the calls he gets from share holders, hes probably to busy trying to get the contracts signed. GEEZ does anybody got anything better to do then to debate abot this? Im in for 4 millions shares , and Yes I believe sooner or later it will go near .001 and I will at least triple what I put into it, sounds like a plan to me,,,,sit back and relax!!!!!!!!
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posted
The thing that I have been thinking about is that I have to feel that he does have contracts out there. The reason being is this: If supposedly a person can make up false PR then why would Guthrie stop at just stating that he has contracts. I would buy all of the .0001 shares and then put out PR's that I had a 100 mil. contract. Everyone would buy and then he could sell at $1.00. Do you get what I am saying. If he can publish all of the fake announcements why would he just state minimal stuff. Why wouldn't he blow it out and announce big lies. I don't think he is lying. I will be honest I did, but like I said if a lie was the case, why stop at a small lie when he could make a bigger one and really score. Put a PR out about a ten mil contract and then bail out.
quote:Originally posted by Big Green 1: Hey Andrew -
the question was posed to you, why should we NOT believe Dave?
Inquiring minds want to know...
I would like to know too, andrew. I bring my personal DD to this board. Honestly I could care less if anyone believes me or not. I call things as I see them; I felt that something was suspicious and reported on it to my fellow investors. I was 100% honest in my posting, I never said the company was a scam just that something was not right. Maybe this company is a scam and maybe it isn't but I am not sticking around to find out. I do not come to these boards to argue, if anyone would like to speak with me further regarding this, please contact me through PM.
David
-------------------- The greatest mistake a man (or woman) can make is to be afraid of making one.
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posted
Okay...Okay Dave...I appollogize for saying, "DONT believe Dave." Look guys..I'm just aggrivated like everyone else about the stagnite PPS. We all have money vested in this company and I just hate to think that its all a scam. Once again Sorry Dave. NOW Guthrie...Where the hell are the Contracts!!!!
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posted
Just a little more of my 100% honest DD. As from the CCR website, Common Wealth American Financials registration has not been completed. I don't know much about how FEMA registration works, but from what I read you must first apply for a DUNS number. CWFG has done that and released the DUNS CCR number in a press release (604257027). I went to http://www.ccr.gov and searched for a DUNS number of 604257027. The listing comes up as incomplete. Not sure what the significance of this is, anyone more familiar with FEMA and CCR?
--------- Current Registration Status: Incomplete Registration last referenced Tuesday, November 01, 2005. Registrant has initiated entry of a new CCR profile, which is missing one or more mandatory data elements. Registrant should review their CCR profile (using Confirmation # update) and supply missing information.
-------------------- The greatest mistake a man (or woman) can make is to be afraid of making one.
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quote:Originally posted by shomethamoney: ...The reason being is this: If supposedly a person can make up false PR then why would Guthrie stop at just stating that he has contracts. .... why stop at a small lie when he could make a bigger one and really score. Put a PR out about a ten mil contract and then bail out.
If someone gets caught releasing a PR full of lies, they can be prosecuted. Distributing false information that affects financial matters is criminal... Exaggerating the facts and avoiding the negative aspects of the truth is standard in PR, of course, but one does have to be careful not to issue outright lies that would bring about a lawsuit. If you don't have any good PR to report, 'tis better to spread postive rumours through less traceable channels in order to get the PPS up. (Which is partly why you have people sending out all this stock-realted spam email to millions of people using fake email accounts -- in the hope of getting buzz going.)
I don't think the PR or the stock are being handled as well as they could be (by a long shot)... But I'm still holding this stock and I hope for the best.
However, I truly appreciate the DD of David and everyone else. It's too bad we didn't have all this info a couple of months ago, though. If this is a scam, it's best to know the truth and not rationalize that everything is going to be okay.
But I hope this CEO is just struggling with getting the company some work, and eventually he'll get the work, and release some great PR, and stop diluting, and we'll all get to cash out for some $$$. At this point, I think buying more shares is risky, but there's no harm in holding as long as they don't split the stock again.
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posted
I have an idea....Mr Guthrie is pretty much impossible to reach. I have yet to here of him returning anyone's calls. Let's get a list of questions together and I will personally goto the office every few days until I catch. I really do only live about 2 minutes from his office. Surly I would be able to get him at some point, now weather he would give me the time of day is another question. If everyone thinks this is a good idea post your questions and I will complile a list.
David
-------------------- The greatest mistake a man (or woman) can make is to be afraid of making one.
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-------------------------------------------------------------------------------- General Information --------------------------------------------------------------------------------
Current Registration Status: Incomplete Registration last referenced Tuesday, November 01, 2005. Registrant has initiated entry of a new CCR profile, which is missing one or more mandatory data elements. Registrant should review their CCR profile (using Confirmation # update) and supply missing information.
DUNS: 604257027 DUNS PLUS4: CAGE/NCAGE Code: Legal Business Name: COMMONWEALTH AMERICAN FINANCIAL GROUP, INC Doing Business As (DBA): Division Name: Division Number Company URL:
Physical Street Address 1: 111 2ND AVENUE NE SUITE 910 Physical Street Address 2: Physical City: SAINT PETERSBURG Physical State: FL Physical Zip/Postal Code: 33701-3434 Physical Country: USA
-------------------------------------------------------------------------------- Corporate Information --------------------------------------------------------------------------------
Type of Organization Corporate Status is Not Available
North American Industry Classification System (NAICS) -
Standard Industrial Classification (SIC) -
Product Service Codes (PSC) -
Federal Supply Classification (FSC) -
-------------------------------------------------------------------------------- Small Business Types --------------------------------------------------------------------------------
This information comes from the Small Business Administration and is not editable by CCR vendors.
Business Types Expiration Date -
North American Industry Classification System (NAICS) -
-------------------------------------------------------------------------------- Points of Contact --------------------------------------------------------------------------------
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Note to all users: This is a Federal Government computer system. Use of this system constitutes consent to monitoring at all times.
How about this: Why not we send an email to Guthrie telling him that unless he straights his acts up and explain why the poor SEC filings, why the missing office in St-petersburg, why the outrageous delay to get simple and normal financial facts of this PUBLIC company, why the incorrect contracting number..etc...a formal complaint will be dropped at the SEC/OTCBB/FEMA/CCR for false and misleading representation.
I understand that some of us are ok to wait and see, but now the issue is just not only about no PR's, it's about a potential fraud. And as shareholders with millions of shares I think we deserved to be answered our emails, phonecalls, and deserve feedback. That's my opinion of course, but one thing is sure and mark my words, if we don't get any info or SERIOUS feedback from him today, I will send him an email with the exact content I've just explained: ENOUGH IS ENOUGH!!!
posted
Just got through to Guthrie - you may want to call him - you may catch him this morning. I asked him specifically about the CCR registration being incomplete. He said that he had no idea that it was incomplete and that they had no trouble bidding on jobs. I told him that he would have no problem bidding on jobs because when they found out his number was not complete they would disgard it. I asked him what he was going to do about it and he said that he would get on it this morning. I don't know if he is telling the truth or not, I just wanted to tell you what I got from him.
posted
News for 'CWMF' - (Commonwealth American Financial Group Announces Progress on Contracts and Expansion to South Florida)
ST. PETERSBURG, Fla., Nov 02, 2005 (BUSINESS WIRE) -- Commonwealth American Financial Group, Inc. (Pink Sheets: CWFG) announced today that through its wholly owned subsidiary Hawkesbury River Funding of Texas has submitted two bids for contract documents that were received in October. The company is submitting a further four bids by the second week of November for contracts in Louisiana related to civil engineering projects. Commonwealth American also announces that it is expanding its bidding of engineering contracts to the South Florida region that was also severely damaged by the recent Hurricane that made land fall in Florida last weekend.
These first initial contracts that Hawkesbury River Funding of Texas are bidding on are civil engineering based contracts that have involved specialized geotechnical, survey, material and engineering analysis prior to contracts being created. It has taken several weeks to receive documentation for these contracts and we will continue to become involved in such contracts over the coming months. Hawkesbury River will handle all bidding at its Dallas, Texas office for the Louisiana contracts. Hawkesbury River is requesting local firms to contact its Dallas office and provide relevant contract experience and corporate resumes that will be used in the bidding process for this construction work.
Mr. Guthrie, President, said: "The corporate strategy currently is to bid continually on these types of Contracts for the next few months and invest our time in securing relationships with local contractors in Louisiana and Florida. We have a lot of competition currently and anticipate that the level of competition will reduce over the next few weeks."
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 Florida, Texas and Louisiana.
The Company has established a website www.cwmf.net and trades under the symbol (Pink Sheets:CWFG).
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 manage 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
CONTACT: Commonwealth American Financial Group., St. PetersburgDamian Guthrie, 786-246-1077Fax: 727-895-8735
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quote:Originally posted by shomethamoney: Just got through to Guthrie - you may want to call him - you may catch him this morning. I asked him specifically about the CCR registration being incomplete. He said that he had no idea that it was incomplete and that they had no trouble bidding on jobs. I told him that he would have no problem bidding on jobs because when they found out his number was not complete they would disgard it. I asked him what he was going to do about it and he said that he would get on it this morning. I don't know if he is telling the truth or not, I just wanted to tell you what I got from him.
Thanks for the info and for getting it....but it's too little too late from Guthrie. Like I said, if nothing tangible is posted today, ALL the necessary authorities shall be contacted.
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quote:Originally posted by dalton05: News for 'CWMF' - (Commonwealth American Financial Group Announces Progress on Contracts and Expansion to South Florida)
ST. PETERSBURG, Fla., Nov 02, 2005 (BUSINESS WIRE) -- Commonwealth American Financial Group, Inc. (Pink Sheets: CWFG) announced today that through its wholly owned subsidiary Hawkesbury River Funding of Texas has submitted two bids for contract documents that were received in October. The company is submitting a further four bids by the second week of November for contracts in Louisiana related to civil engineering projects. Commonwealth American also announces that it is expanding its bidding of engineering contracts to the South Florida region that was also severely damaged by the recent Hurricane that made land fall in Florida last weekend.
These first initial contracts that Hawkesbury River Funding of Texas are bidding on are civil engineering based contracts that have involved specialized geotechnical, survey, material and engineering analysis prior to contracts being created. It has taken several weeks to receive documentation for these contracts and we will continue to become involved in such contracts over the coming months. Hawkesbury River will handle all bidding at its Dallas, Texas office for the Louisiana contracts. Hawkesbury River is requesting local firms to contact its Dallas office and provide relevant contract experience and corporate resumes that will be used in the bidding process for this construction work.
Mr. Guthrie, President, said: "The corporate strategy currently is to bid continually on these types of Contracts for the next few months and invest our time in securing relationships with local contractors in Louisiana and Florida. We have a lot of competition currently and anticipate that the level of competition will reduce over the next few weeks."
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 Florida, Texas and Louisiana.
The Company has established a website www.cwmf.net and trades under the symbol (Pink Sheets:CWFG).
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 manage 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
CONTACT: Commonwealth American Financial Group., St. PetersburgDamian Guthrie, 786-246-1077Fax: 727-895-8735
This Guthrie guy, does he thinks we're idiots?????? He's been posting the same bs for the past 2 months.......contracts were supposed to get through in october, than in november and now to make the pill sweeter....in the next few months!!!!! Does he think he's running ebay with all these bidings????? Again, too little to late......he has plenty of time before the closing today to post something substantial....if not....well he'll know for sure.
posted
From: XXXXXXX Sent: Wednesday, November 02, 2005 7:07 AM To: 'otcbbfeedback*nasdaq.com' Subject: Filing a complaint
From: XXXXXX
To whom it may concern,
For a few months now we have been receiving information from Damian Guthrie on your website that he has operations moving his company(CWFG) forward. After doing our own investigations/contacting/visiting of his office and those that supposedly know him, we are finding it to be false and misleading. Also we contacted CCR who handles the DUNS numbers for which Fema contractors have to get a listing number to contract to do work for them. We found out that Mr. Guthrie's application is incomplete. He claimed in a article on October 11th on your site that he had a number and that they could bid work out. He cannot bid work because his application is incomplete.
There are many investors who strongly believe like myself that Mr. Guthrie is misleading the investing community about his company and the truth about what he is doing. I would like to know how to file a complaint with those that he would answer to. I appreciate your time and what you can do to help us get deeper into this matter.
quote:Originally posted by shomethamoney: From: XXXXXXX Sent: Wednesday, November 02, 2005 7:07 AM To: 'otcbbfeedback*nasdaq.com' Subject: Filing a complaint
From: XXXXXX
There are many investors who strongly believe like myself that Mr. Guthrie is misleading the investing community about his company and the truth about what he is doing. I would like to know how to file a complaint with those that he would answer to. I appreciate your time and what you can do to help us get deeper into this matter.
Kind Regards,
XXXXXXXXXX
Good Job!!!!! Once I'll send mine that will make 2 of us!!!!
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posted
I called Guthrie and told him what I was doing. He was quite upset about it, but I told him that I was not trying to argue or be harsh. I feel mislead as an investor and if I can file a complaint I will and that he can answer to those in authority over him. He did not like that at all. The fire has been lit!!!!!
posted
Good news. So we finally submitted a bid. Myself and my co-workers know that bids take a few days on average, at most, to review and award. So MrG, If we do not get news by mid next week of a contract, we will assume you did not win.
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