good way to waste $2500... IMO. but I'm not bashing. i'd love to see this stock reach the sky. i've been in since mid sept. but that is my target expectation.
>>> OR <<<
if we get some "GREAT" PR, then maybe .0010 or higher, I base this on my magic toaster that talks too much.
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CWFG price may start moving up since the CEO Damien Guthrie resigned and I think that was great news for CWFG. I didn't think he knew what he was doing in the first place. However, it will be a long while before this stock will reach 0.0010, I think.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
Commonwealth American Financial Group Agrees to Joint Venture with NW Capital Partners, LLC
Nov 10, 2005 9:05:00 AM Copyright Business Wire 2005 ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Nov. 10, 2005--
NW Capital Partners, LLC (the Partners) was formed by the Northwest Communities Development Partnership, Inc. (the CDC) a Florida not-for-profit corporation, the CDC's mission is to use its community stakeholder resources, which includes working relationships with the City of West Palm Beach, land owners and developers-builders to facilitate the revitalization of the Downtown Northwest neighborhood.
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Seriously, will we even see .0002 or .0003 before 2006? Where are the optimism and rumours and vague PRs about this crippled company when I need 'em, folks...
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This stock has done nothing for over a month. What's up with it? No news, and we have lost a lot of chat about it. I am going to hold until December 15 and if it doesnt move I am selling my 4.5 million shares and let the loss offset my gains from other stocks. Damn this sucks.
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Paitence people , has anybody been watching the news on the clean up in NEW Orleans , well FEMA isn't doing such a hot job things are a mess, Common sense says that it will be a while before contracts are even anouced let alone bid on. I do see News before the end of the year , though .
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anyway....with the new owner cwfg wont last....it's only a matter of time before we read a PR that tells cwfg change is name to.... and then we'll own a software company!!!
-------------------- thanks to all GZFX panic seller!!! Take a look at CWFG....did I mention ITGJ ?
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Commonwealth American Financial Group Announces Definitive Agreement date with NW Capital Partners, LLC
Nov 28, 2005 8:30:00 AM Copyright Business Wire 2005 MIAMI--(BUSINESS WIRE)--Nov. 28, 2005--
Commonwealth American Financial Group, Inc. (Pink Sheets:CWFG) today announced that the Board of Directors has moved forward with its progress in the Joint Venture project with NW Capital Partners, LLC. Both companies have agreed that by the 12th of December 2005, both corporations will execute the definitive contracts between each other. The agreement will establish the Joint Venture contractual arrangements between the corporations.
The companies in cooperation with developers and local government plan to develop 91 existing units (to be renovated or demolished) and 22 vacant building lots in the Northwest District of West Palm Beach Florida. The approximate cost to develop the area is $6,000,000. The plan is to develop medium and high density housing for an average sales price of $250,000.00 per unit with full financial projections and budgets to be announced. The development will consist of single and multi family homes.
NW Capital Partners, LLC (the Partners) was formed by the Northwest Communities Development Partnership, Inc. (the CDC) a Florida not-for-profit corporation, the CDC's mission is to use its community stakeholder resources, which includes working relationships with the City of West Palm Beach, land owners and developers-builders to facilitate the revitalization of the Downtown Northwest neighborhood.
"This development is an opportunity for both corporations to develop 113 building lots with very well established developers in Florida. This size development has attracted very well recognized developers and we look forward to working with these developers in the future. We would like to adopt the same redevelopment principles and take the same project management team to other cities to replicate the type of development planned for West Palm Beach. The company continues to review other joint venture opportunities and look forward to possible participation in said ventures," said Ms. Ryals President & Chief Operating Officer.
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 Inc. Miami Kristin Mary Ryals 305-913-7112 Fax: 305-913-4101
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