posted
I JUST FOUND THIS ..... DONT KNO IF SOMEONE ELSE POSTED IT ALREADY.
January 17, 2006 - 8:38 AM EST
Commonwealth American Financial Announces the Formation of a Wholly Owned Emergency Services Subsidiary Commonwealth American Financial Group, Inc. (Pink Sheets:CWFG) today announced that the Board of Directors has established its Emergency Services Subsidiary. The name of the wholly owned subsidiary is Gulfcoast Emergency Inc.
The Subsidiary's mission is to negotiate contracts with Municipal, City and State Government departments before the 2006 Hurricane season. The corporation is based in Miami, Florida and will bid on emergency type contracts such as, disaster relief, debris removal and logistical services. Contracts will be pre-arranged prior to the disaster so that the execution of contracts will be immediate rather than bidding with several other contractors after severe damage has occurred. A recent quote from the Miami Herald: "`Planning for hurricanes has to be incorporated into South Florida business models,' Nero said. Local economist Tony Villami said so far hurricanes have been a 'hidden cost' of doing business."
The company is also working towards closing on the 56 acres it is in the process of purchasing. Commonwealth expects and projects profits to be approximately $500,000 based on the acquisition price of $19,000 per acre and sales prices expected to be above $30,000 per acre.
Ms. Ryals President and CEO said, "We are experiencing a lot of competition in the current bidding that we have been undertaking. It is therefore imperative that we pre negotiate these type of service contracts months prior to needing such services. It is in the best interest for the company that we secure pre arranged contracts so that our risk in such ventures is minimized. This will give us time to properly complete our due diligence prior to bidding on these contracts."
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 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.
Commonwealth American Financial Group, Inc., Miami Kristin Mary Ryals, 305-913-7112 Fax: 305-913-4101
Source: Business Wire (January 17, 2006 - 8:38 AM EST)
Time & Sales Price Size Exch Time 0.0001 450000 OTO 14:06:39 0.0001 700000 OTO 13:57:22 0.0001 2000000 OTO 13:15:07 0.0001 600000 OTO 13:08:26 0.0001 5000000 OTO 13:02:53 0.0001 8000000 OTO 12:31:50 0.0001 6500000 OTO 10:06:46 0.0001 1000000 OTO 09:54:24 0.0001 750000 OTO 09:43:34 0.0001 1000000 OTO 09:31:49 0.0001 800000 OTO 01/13 0.00 1000000 OTO 01/12 0.00 9000000 OTO 01/12 0.0001 1000000 OTO 01/12 0.0001 200000 OTO 01/12 0.0001 1750000 OTO 01/12 0.0001 300000 OTO 01/12 0.0001 2000000 OTO 01/12 0.00 1000000 OTO 01/12 0.00 9000000 OTO 01/12 0.0001 4000000 OTO 01/12 0.0001 650000 OTO 01/12 0.0001 1000000 OTO 01/12 0.0001 580000 OTO 01/12 0.0001 50000 OTO 01/12 0.0001 6500000 OTO 01/12 0.0001 8000000 OTO 01/12 0.0001 5500000 OTO 01/12 0.0001 2470000 OTO 01/11 0.0001 3000000 OTO 01/11
-------------------- NO REWARD....UNLESS THE RISK IS TAKIN'--- JAY-Z
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quote:Originally posted by eddy: jmo-If mm HDSN does not come back on the ask for a couple of days-we will move. HDSN is usually the big seller on sub pennies
HDSN moved his as to .0003-at 10:17:48 this morning, and has been there since then.
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quote:Originally posted by The Green Demon: lets make this happen.... hold on for dear life
jmo-a lot of the volume over the last couple of weeks is, just people bored and getting out flat to move on-we will run some day. just have to wait our turn.
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posted
Unfortunately at this price range, this isn't even close to being enough volume. That 32 million shares today represents only $3200. That doesn't do much for us. We are going to need over 100 million shares to trade to have any real movement in pps imho
I think we will get there, but don't hold your breath LOL
-------------------- I just want to make enough money to be eccentric.
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quote:Originally posted by HossTrader: Unfortunately at this price range, this isn't even close to being enough volume. That 32 million shares today represents only $3200. That doesn't do much for us. We are going to need over 100 million shares to trade to have any real movement in pps imho
I think we will get there, but don't hold your breath LOL
posted
I'm holding still also. I'm looking forward to the volume and prs needed to raise the pps. Then again, anythings possible. I'd love to see the ask go up without reason. Just give me a little more time to pick up some more dirt cheap shares!
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posted
Well at least Astroms commpany VISION WORKS MEDIA is having a good run --- maybe this means CWFG will have its day too ----- at least watching VISION have a run makes me feel a little more confident that the Astrom "group" maybe making a stab at becoming legit...... that would be very good for us
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posted
it's been 2 month now that we didnt see more than .0001 and it seem we may never see higher for a while. all pr are maybe just for dumping more share.... it's now looking just the same than when Guthrie was president....only fluff pr for dumping! we need a real pr about the buyback and the new o/s shares. i think Ryals is playing the same game than Guthrie, i hope not but....i'm in cwfg sice last april and i will hold but i fell that i will have to hold longer than expect!
posted
Commonwealth American Financial Group to Retire Shares per Previously Announced Buyback MIAMI--(BUSINESS WIRE)--Jan. 19, 2006--Commonwealth American Financial Group, Inc. (Pink Sheets:CWFG) today announced that the company will retire to the treasury 650,000,000 common shares that were acquired per the company's previously announced buyback plan. The company also announced that they will continue to purchase additional shares to bring the company's worth in line with the market capitalization.
Ms. Ryals President and CEO said, "As we continue to grow our company we will not stand by and endure the under evaluation of our share price. I have strong confidence in our company and believe, given our current prospects our stock is undervalued and I intend to purchase additional shares and retire them to the treasury, in addition to the previous purchase on the open market."
The Company has established a website http://www.cwfgroup.net and trades under the symbol (Pink Sheets:CWFG).
posted
I haven't tried but I'm puzzled why anyone would try. .0001 has no where to go but up. I know it will take some good PR's but I'm sure going to hold till maybe the .0007 or .0009 range if we can ever get there otherwise it wouldn't be worth the trade. JMO
-------------------- It's only money..We'll make more tomorrow!
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posted
still hold about 13mill of this, doing more on the big boards now, just checking in to say hi!
-------------------- 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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