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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » CWFG Announces stock buy back (Page 12)

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Author Topic: CWFG Announces stock buy back
LookAtThat
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If this thing ever takes off, Jeese. But, I only have one question. If you can only buy at .0002 and right now sell at .0001 - Who is getting the spread?

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Patience - works best with non-penny stocks

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welk
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MMs.

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Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.

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The Green Demon
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The more buying we have here the bigger the bottom and the bigger the bounce
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KillaKmetz
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OK Guys, I am new to this stock here, deciding if I should buy in or not. This, GZFX, FCDH and RVMN seem to be the movers recently. Someone on one of the other message boards said that Dec 12th is the day for this stock? Why is that, is there a PR or financials coming out or something?

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All you need in this life is Ignorance and confidence; then success is sure.
Mark Twain

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toomuch
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this is it!

Commonwealth American Financial Group Announces Definitive Agreement date with NW Capital Partners, LLC

MIAMI, Nov 28, 2005 (BUSINESS WIRE) -- 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.


CONTACT: Commonwealth American Financial Group, Inc., Miami
Kristin Mary Ryals, 305-913-7112
Fax: 305-913-4101


Copyright Business Wire 2005

-0-

KEYWORD: United States
North America
Florida
INDUSTRY KEYWORD: Professional Services
Accounting
Banking
Consulting
Finance
Legal
Communications
Advertising
Marketing
Public Relations/Investor Relations
Other Communications
Construction & Property
Commercial Building & Real Estate
Residential Building & Real Estate
Other Construction & Property
SUBJECT CODE: Contract/Agreement


quote:
Originally posted by KillaKmetz:
OK Guys, I am new to this stock here, deciding if I should buy in or not. This, GZFX, FCDH and RVMN seem to be the movers recently. Someone on one of the other message boards said that Dec 12th is the day for this stock? Why is that, is there a PR or financials coming out or something?



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thanks to all GZFX panic seller!!!
Take a look at CWFG....did I mention ITGJ ?

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KillaKmetz
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Thanks alot toomuch, Very helpful. You get a star for that... lol

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All you need in this life is Ignorance and confidence; then success is sure.
Mark Twain

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so uh wheres ma money
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L2 on this anyone?? Is it still 1 x 2? or has it moved to 1 x 3??
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HossTrader
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3 on the ask at 0002

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I just want to make enough money to be eccentric.

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New_Ventures
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looks like they are building that wall --- fine with me -- means the more bought at .0002 is less of a float for the later run
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Madge
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I just put an order in for 2. We'll see if there's any left.

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Trust but verify!

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Madge
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Order filled, 5M at 2, 6 minutes, still more buying needed.

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Trust but verify!

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welk
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Maybe it is being held at 0002 while the buyback is in place. Then a PR on the 12th and kaboom! pennyland!

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Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.

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The Green Demon
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Possible...I hope that we get news before the 12th though, that would be great
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welk
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Green, the PR stated by the 12th so news could come at any given moment. I bet Ryals beats the deadline and catches the shorts/MMs off guard. JMHO. [Eek!]

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Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.

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andrew
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I think if you get in at .0002 you are lucky. This thing is primed and ready to finally run.
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The Green Demon
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I agree...I hope not friday though week need the market to have a few days to move this thing before the weekend
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eddy
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just a matter of time-jmo
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toomuch
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after market trade?
12-05-05 16:02:33 0.0002 0.0002 0.0002 13000000

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thanks to all GZFX panic seller!!!
Take a look at CWFG....did I mention ITGJ ?

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The Green Demon
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more after market...what is the deal here? The Vol is at 125,382,000 now. I didn't even know this trader after hrs.
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welk
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I think those are just trades settled from regular hours.

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Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.

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welk
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RSI strongest it has been in months.

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Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.

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eddy
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jmo-when this finally pop's, it is going to pop big, seems everyone is watching this one.-jmo
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Jmoove
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we need that JV contract PR to finish building the pressure, the buying was a little weak yesterday IMO, even though we did see 120 mill in buys

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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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stnkng1
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with the pr i seen someone say kaboom to penny land i dont no if we will see pennyland but maybe .005 or maybe a little more
JMO

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welk
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Yeah. Noone knows how high it will pop but I am quite confident it will pop. It really depends on the news. If Ryals keeps her word and has the JV deal in place on or before December 12, I think that news will carry CWFG to the 003 area after a few trading sessions. If you see a winning FEMA bid, then I think way more than a penny will be the likely outcome -- like maybe a nickel or a dime. Remember how CYOS popped on poker news?

Either way, I feel pretty good about owning this so cheap. Have a good day out there.

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Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.

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JIF
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Build the bottom. Then rise to the top.

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You can't afford to risk, what you can't afford to loose.

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Jmoove
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not the most stellar start to the day, good news is my order for .0001 hasnt been filled yet

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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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welk
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Looks like a mini shakeout on low volume before the next leg up to 0002 x 0003 imo.

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Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.

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JIF
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God what an ugly day. Oh well. You take the good with the bad.

All I know is that if they post some realy numbers or a contract win, then boy oh boy will people realize how totally undervalued we are here.

And with the stock buy back program reducing the total number of shares outstanding, good lord will this thing move.

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You can't afford to risk, what you can't afford to loose.

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kywee
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quote:
Originally posted by Jmoove:
not the most stellar start to the day, good news is my order for .0001 hasnt been filled yet

mine has at 10:09
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Jmoove
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this isnt a shake, we didnt go anywhere really. The Dec. 12th PR better be REALLY 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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Jmoove
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how long did you have your order in for kywee?

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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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kywee
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i think since friday maybe? i forget
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JIF
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DECEMBER 12. THAT'S THE MAGIC DAY? THAT'S NEXT MONDAY.

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You can't afford to risk, what you can't afford to loose.

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welk
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So close to the 12th, folks. Bare in mind only about 12k has traded today.........

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Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.

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