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I hope so, brother. I've been saying I'll wait as long as it takes with NO reverse splits in the near future for CWFG. Still in January. When February comes along, I'm predicting the price can possible go to $0.0005 or maybe a little higher. Sell 19 million shares, and keep 1 million for a long term hold. You never know where this stock is going to be in a year.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
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I wonder how CWFG is doing compared to UNQT. They seem to be exact duplicates in their nature of business. I wonder if they're linked somehow..... Same state, same kind of business, same PPS, LoL.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
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I'm going to Miami, Florida on the second week of February. Maybe I'll see if I can locate the CWFG offices and check out if "Miss" Kristen Mary Ryals is hot or not. No promises though..... My girlfriend is going to be with me throughout our little vacation. Wouldn't want to get a beating out of her. LoL.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
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HossTrader..... I should tell her. She works a crappy job and she's a shopaholic. Purses, shoes, clothing and jewerly. Who pays for it all? You guessed it, me. If CWFG can just move up a little, I wouldn't worry so much about what she wants next at the department store the next time she drags me with her.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
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jmo-very soon, once people realize that the .0001 ask is never coming back, they will start to buy at .0002. Then we will see mm's start bidding .0001-then the snowball will start on any good news.-that is, IF THE .0001 ASK DOES NOT RETURN-jmho
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Commonwealth American Financial Group Formally Retires Shares From Buyback 1/23/06
MIAMI, Jan 23, 2006 (BUSINESS WIRE) -- Commonwealth American Financial Group (Pink Sheets:CWFG) today announced that the company has formally retired to the treasury 650,000,000 common shares that were acquired per the company's previously announced buyback. The company also announced that they will continue to purchase as many additional shares as possible to bring the company's true value inline with its market capitalization.
Ms. Ryals, CEO said, "We are aggressively growing our company and we will not remain idle while our share price remains undervalued. I remain confident in our company's business model and strongly believe, given our current prospects that our stock is severely undervalued and I intend to pursue additional share buybacks, and retire them to the company treasury."
The Company has established a website http://www.cwfgroup.net and trades under the symbol (Pink Sheets:CWFG).
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
SOURCE: Commonwealth American Financial Group, Inc.
Commonwealth American Financial Group, Inc., Miami Kristin Mary Ryals, 305-913-7112 Fax: 305-913-4101
Copyright Business Wire 2006
-------------------- Trading is a blast!!
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quote:Originally posted by matto: Ms. Ryals, CEO said, "We are aggressively growing our company and we will not remain idle while our share price remains undervalued."
I sure hope that Ms. Ryals really means this. If so, we have good things in store. With the term "aggressively", I get the feeling that things will start happening and start happening quickly. I sure hope that is the case.
-------------------- Life is like a roll of toilet paper. The closer it gets to the end, the faster it goes.
quote:Originally posted by stnkng1: does anyone see .0005 in the long or short future for this and does anyone think this someday might even go higher then .0005