"The company expects to sell the land for substantially more than the acquisition price in several parcels, resulting in a substantial profit to the company."
That's what you call flipping. And there's little profit in those types of ventures. When you develop land you build, you don't sell land. This is real estate 101 stuff...
-------------------- Do not boast about tomorrow, for you do not know what a day may bring forth -- Proverbs 27:1
IP: Logged |
posted
Not well written, but it sounds to me like they are going to both flip and develop. the "in several parcels" part indicates they intend to sell off some of the land for profit. There is a lot of land in this deal and sitting on all that acreage does not make sense.
-------------------- Trust but verify!
IP: Logged |
posted
You don't have to necessarily build to develop land. Their plan is to develop parcels and then sell those parcels to builders and other interesterd parties.
IP: Logged |
The 56 acre parcel of land will be developed and sub divided into equal sized lots and will be sold to prospective purchasers or builders. The closing is dependant on Commonwealth receiving satisfactory title, appraisals and other legal obligations necessary to ensure that closing can take place.
IP: Logged |
this will probably be a development with several custom builders to choose from (they do that alot down here). Technically, they will only be selling land, but won't be doing the actual construction.
It's still their development. But not their houses they're selling. They will probably sell the property to custom builders who will turn around and sell it with their construction services.
Just my 2 cents.
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
posted
It was meant to be a status update to investors and to let us know what's going on.IMHO This is the new CEO trying to improve investor relations and communications.
I think we will see an uptick in the stock once they finalized the deal and again when they've sold the first parcel (which should establish a price point or fare market value).
-------------------- You can't afford to risk, what you can't afford to loose.
IP: Logged |
posted
Still in this one. I believe today's pr is a good thing. Ryals is keeping us informed, which is definately a good thing. IMO the next big day will be Feb. 10. Until then, I'm going to pick up as many shares at .0001 that I can.
IP: Logged |
posted
Does anyone know what the real pps should be? What is the actual worth of the company. I am not sure how to figure it....o/s x something = what. A little help here.
posted
It is official.... this thread is dead, this stock is dead. It will not move even if they had the greatest pr in the world, it would just lie there. I am getting the F>>> out of this POS. I am sorry, but enough is enough. This is my last post on this thread. Good luck to you all!!!!
IP: Logged |
quote:Originally posted by andrew: It is official.... this thread is dead, this stock is dead. It will not move even if they had the greatest pr in the world, it would just lie there. I am getting the F>>> out of this POS. I am sorry, but enough is enough. This is my last post on this thread. Good luck to you all!!!!
pennyland! you should know it goes like that!
-------------------- dont drink and drive!!!
IP: Logged |
posted
I think CWFG is a pump and dump scam. Millions of shares and moving every day, but the price refuses to go up or down. PRs appear to me like deliberate attempts to manipulate stock price. (Rent _The Hudsucker Proxy._)
I played this as a small gamble and lost. Good luck everyone. I'm out.
DISCLAIMER All expressions are my opinion only. This post does not constitute financial advice. Do your own DD before determining whether to buy/sell this or any other stock.
quote:Originally posted by andrew: It is official.... this thread is dead, this stock is dead. It will not move even if they had the greatest pr in the world, it would just lie there. I am getting the F>>> out of this POS. I am sorry, but enough is enough. This is my last post on this thread. Good luck to you all!!!!
posted
Anyone else here still with me and in this thing? I'm surprised that people are bailing with Feb. 10 right around the corner. To each his own... My opinion remains the same. Strong buy and from the looks of it there will be plenty of shares to purchase.
IP: Logged |
posted
I have 10 million shares. I'm with you. I like the news about mapping out the exact property being bought. The details should be soon forth coming and easy to verify.
IP: Logged |
posted
You can bet your balls on it, I'm still in CWFG and at the end I'll be with the winners.
Most pennies, especially the micro ones, took long long time to skyrocket.
BTW: What could I lose? Okay, I got in at 0.0002, but hell, even if I would use the next chance and sell for 0.0002, I would win nothing, but loose the chance for a great n-folder, how crazy I would've to be to get out of this now? lol
IP: Logged |
posted
I have no choice but to ride this stock out this year lol. I own this stock from .o005 on down to .0002 were I originally bought it at!
IP: Logged |
posted
The MM's dont want to be caught with their pants down --- see they are in the same delima we are in ----- IS THE COMPANY FOR REAL ??? --- I dont think they want to be caught with their pants down if CWFG is legit and comes thru with the projects they have in the fire -- JMHO of course
IP: Logged |
posted
no brainer to hold this stock... very low investmnet with big possibilities. just from what is expected to occur in the next few months(sale of parcewls, building,etc) this stock should at least go to .0004 IMO - Good Luck To All!
-------------------- I want to see nothing but GREEN!
IP: Logged |
posted
Dang it!!! I said I was through with this stock!! I said I would not post here again. I cant help it....I am back in!! Guys will you forgive me and welcome me back to the team? This darn stock just has just to much potential.
IP: Logged |
posted
Personally, I don't have any heartburn about this stock any longer because it can't move down anymore. So, I know exactly how much I can loose - and I've already lost it! LOL
-------------------- You can't afford to risk, what you can't afford to loose.
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Mad]](mad.gif)
![[Big Grin]](biggrin.gif)
![[Smile]](smile.gif)
