quote:Originally posted by IceCold: I am just hoping one day CWFG hit 0.02 and I can then rest for my entire life........ When CWFG was showing 0.02, the profit was like $396,000.
I am holding this GOLD MINE for a year and see what happens....
very possible with the right kind of news-jmho
IP: Logged |
posted
I sold 2,000,000 for .0002 last week but I had my sell order in since last Nov. Once it expired and it was off for a week but I thought it would never sell. I put my funds into PLNI at least they appear to be an actual company even with all the delays I believe it will go big someday. I CERTAINLY HOPE SO ANYWAY.
IP: Logged |
posted
I'm still "PRO" CWFG and I still believe in this company BUT "JEERS" to CWFG for going back down to 0.0001 most of Monday's trading session. I honestly thought the 0.0001 days were over and done with.
IP: Logged |
posted
Commonwealth American Financial Announces That Essex Capital Partners, LLC, is Evaluating Two Undervalued Manufacturing Companies for Commonwealth Purchase Business Wire - March 14, 2006 09:22
MIAMI, Mar 14, 2006 (BUSINESS WIRE) -- Commonwealth American Financial Group, Inc. (Pink Sheets:CWFG) announces that Essex Capital Partners, LLC, is currently evaluating two manufacturing firms for purchase. Both companies represent $10-$12 million in annual sales revenues respectively. Both companies are undervalued and located in N. Central Florida.
Ms. Ryals, President and CEO of Commonwealth said, "We are excited about the process and how quickly it is taking shape." Dr. Jones, Chairman and CEO of Essex, states, "Because of the current business climate in the southeast, our opportunities to find great manufacturing companies at undervalued prices is excellent."
The goal of Essex is to assist Commonwealth to acquire 2 undervalued companies over the next 12 months. The goal of Commonwealth is to increase shareholder value through the acquisition and management of real estate and manufacturing companies, while providing mezzanine financing.
The Company has established a website http://www.cwfgroup.net and trades under the symbol (Pink Sheets:CWFG).
Essex has a website under construction that will be live after March 20, 2006...http://www.EssexCP.com.
his 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
Commonwealth American Financial Group, Miami Kristin Mary Ryals, 305-913-7112 Fax: 305-913-4101 or Essex Capital Partners, LLC Dr. Allen C. Jones, 352-817-0224 DrJones500*earthlink.net
IP: Logged |
posted
I like this part of the press!!!!----------------------Both companies represent $10-$12 million in annual sales revenues respectively. Both companies are undervalued and located in N. Central Florida.
IP: Logged |
posted
ok--14 billion outstanding and 10 to 12 million revenue on this new venture-someone with lol-math skills, what should a fair value PPS be? anyone? thanks
IP: Logged |
posted
Let's see with both companies together that is 20-24 million in revenue per year. I don't know any companies this low that will have that kind of revenue. That should really bring the PPS up and I mean waaaaaaaaaayyyy Up beyond .0002.
quote:Originally posted by Rules: Let's see with both companies together that is 20-24 million in revenue per year. I don't know any companies this low that will have that kind of revenue. That should really bring the PPS up and I mean waaaaaaaaaayyyy Up beyond .0002.
posted
Eddy, if you don't mind, what Level 2's are you using? My ameritrade streamer has Level 2's for all stocks except pinksheets... thanks!
IP: Logged |
quote:Originally posted by Opethian: Eddy, if you don't mind, what Level 2's are you using? My ameritrade streamer has Level 2's for all stocks except pinksheets... thanks!
quote:Originally posted by eddy: ok--14 billion outstanding and 10 to 12 million revenue on this new venture-someone with lol-math skills, what should a fair value PPS be? anyone? thanks
Okay, if we look at this rationally (just for CWFG earnings) we see that 11 mill is equal to .0008 per share (14.4 bill shares). The P/E for this sector is a conservative 10. That puts us at .008. This is not even including the growth rate of the company.
IP: Logged |
quote:Originally posted by eddy: ok--14 billion outstanding and 10 to 12 million revenue on this new venture-someone with lol-math skills, what should a fair value PPS be? anyone? thanks
Okay, if we look at this rationally (just for CWFG earnings) we see that 11 mill is equal to .0008 per share (14.4 bill shares). The P/E for this sector is a conservative 10. That puts us at .008. This is not even including the growth rate of the company.
posted
Sounds nice, but where will CWFG get the money from, to buy these companies? I mean, are they sitting on big amounts of cash? If so, they could already have pushed the PPS just by releasing some balance sheet. Or will they use some 3rd party financing? Either way, such a deal should really bring our PPS into another dimension.
Now we've five options for some real PR: - Three open land deals - Emergency Services Subsidiary - Purchase of other companies
I really hope there's substance behind them, and they're not just fluff.
IP: Logged |
posted
Has anyone tried some search for their emergency services subsidiary called "Gulfcoast Emergency Inc"? You'll find nothing about them. They don't have a website and they didn't get mentioned anywhere. How should they get contracts before the hurrican season begins?
I don't see any reason why they don't have at least a website offering their services. How do you operate such a business without a website? lol
IP: Logged |