quote:Originally posted by welk: How can this not be at at least 0005 on all this recent news?
Welk..... The news is out but I only think less than one percent has read about it, most likely just Floridians. There is no actual story on the press release, just a headline. I read the entire story here on this thread.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
quote:Originally posted by PhoenixStockMaster: Hmmmmm. Where was the story retrieved from?? I dont understand why it can't be accessed. I am wondering how real it is.
I believe it's for real. I have seen it on a number of free financial sites (MSN,YHOO), but have not seen it posted on some of my personal financial account pages. Most likely a distribution issue.
-------------------- Trust but verify!
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posted
The pinks are crazy. Sometimes they go up big on no news, all of a sudden, and soemtimes great news drives em lower. Strange rules in this game........
-------------------- Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.
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posted
If anyone hasn't seen today's CWFG press release, here it is again. Just thought it would help. This PR was obtained from MSN Money Central.
December 12, 2005 09:12:00 AM ET Commonwealth American Financial Group Signs Definitive Agreement With NW Capital Partners, LLC
Commonwealth American Financial Group, Inc. (Pink Sheets:CWFG) announces that they have signed a definitive agreement with NW Partners LLC to purchase and develop 91 existing and 22 vacant lots in West Palm Beach, FL. The agreement establishes the contractual arrangements between the corporations.
The project consists of 91 existing units (to be renovated or demolished) and 22 vacant building lots in the Northwest District of Downtown West Palm Beach, Florida. The approximate cost to purchase the existing units and lots is $7,500,000. The plan is to purchase and develop medium and high density housing with starting sales price of $250,000 per unit. The development will consist of single family homes, condominiums and retail commercial.
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.
Kristin Mary Ryals CEO said, "We are excited about this venture because there is huge demand in downtown West Palm Beach and these properties are the next properties to be developed in the downtown West Palm Beach redevelopment plan. The location of the properties adjoins City Place and others." See links: http://www.cityplace.com/
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 http://www.cwfgroup.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 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.
Contact Information: Commonwealth American Financial Group, Inc., Miami Kristin Mary Ryals, 305-913-7112 Fax: 305-913-4101
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
quote:Originally posted by WarpedMind: Ryals has not called me back. I've already tried calling back once. If I hear from her, you guys will be the first to know.
I called her last week and now call back...don't hold your breath.
I said that I was a private investor holding over 500mill shares
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posted
There's finally some green activity going on. Let's hope it's spreading!!
Just curious... has anyone on here had any orders go through at .0001 today? I know people have had orders open for quite some time, but they never seem to get filled... With all the .0001 activity today, I'm curious how these people are doing it when average joe trader can't get one to go through. Any thoughts on this?
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sent Ryals an email regarding possible release of financials/buyback scheme/income stream from current investments
-------------------- 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
Yes. Put an order in now to sell for 1,157,600 for 0002. Something just smells fishy to me how this hasn't moved up one tiny tick. Maybe I will regret it but I'd rather regret taking a 100% profit than end up wishing I had and watch this go back to no bid x 0001. Love the PRs but don't like the lack of action. Really surprised by this. Can't understand it but what can i do? Thought this was going to 001 or at least 0005. It's just waiting for em to sell then it will rocket (of course).
-------------------- Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.
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quote:Originally posted by welk: Yes. Put an order in now to sell for 1,157,600 for 0002. Something just smells fishy to me how this hasn't moved up one tiny tick. Maybe I will regret it but I'd rather regret taking a 100% profit than end up wishing I had and watch this go back to no bid x 0001. Love the PRs but don't like the lack of action. Really surprised by this. Can't understand it but what can i do? Thought this was going to 001 or at least 0005. It's just waiting for em to sell then it will rocket (of course).
G/L-sometimes it takes a few days for these stocks to finally run-
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posted
Yes. Put an order in now to sell for 1,157,600 for 0002. Something just smells fishy to me how this hasn't moved up one tiny tick. Maybe I will regret it but I'd rather regret taking a 100% profit than end up wishing I had and watch this go back to no bid x 0001. Love the PRs but don't like the lack of action. Really surprised by this. Can't understand it but what can i do? Thought this was going to 001 or at least 0005. It's just waiting for em to sell then it will rocket (of course).
-------------------- Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.
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posted
Thanks, ed. I'll post when/if it fills. I have to learn what I can from this because the TA showed a pop was coming, plus we got great news. I'd rather scratch my head with money in my pocket than ask questions and hold though. Disappointed to say the least. Best of luck to everybody. Enjoyed the thread. Will keep reading it.
-------------------- Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.
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posted
I just have a feeling that CWFG can possible go as high as $0.001. It's just a matter of waiting. I think my target range is $0.0005 to $0.001. What target prices are you all selling at???
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
Does anyone have level 2? How many MMs on the ask? Just feel funny selling here but my head tells me to do it. If ask could get to 0003, I might pull the order....
-------------------- Flip stocks. Never invest in them. Take your profits. All is my opinion. Do your own DD.
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quote:Originally posted by DWE: I just have a feeling that CWFG can possible go as high as $0.001. It's just a matter of waiting. I think my target range is $0.0005 to $0.001. What target prices are you all selling at???
Mine is still set at .0009. Although if things start to really heat up this week after the news finally spreads, I might just bump it up a bit. Gotta stay positive on this one.
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posted
I have had a sell order of 2Mil shares at .0002 for over 2 months and I cannot get them sold. I have only been in this for 5 months and there is a lot about stock that I do not know. But It bothers me when I see Multi-millions sold at .0002 and mine never does? Any comments on this are welcome.
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