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Everyone is watching today's poppers. Actually I think this is a sign that this pps IS NOT being manipulated LOL We don't have any pumpers or bashers!
-------------------- I just want to make enough money to be eccentric.
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Hoss, your not alone- been on another site. adding to my position every dip imo it will be very much worth the wait to much potential here
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quote:Originally posted by tgif: Hoss, your not alone- been on another site. adding to my position every dip imo it will be very much worth the wait to much potential here
I have to agree. I've loaded up quite a bit. No turning back now.
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Great post from other board enjoy ... to hear traders (and their groups) exited when merger completion news wasn't released. I'm sure the CEO is probably just as shocked. lol. I seriously love this guy and the "unorthodox" way he does things. I'm not suggesting the finalization of the merger isn't delayed, but it's interesting to note that Ammerman isn't releasing PRs to soothe jittery nerves. On the contrary, "let 'em sell" seems to be his attitude toward traders. He didn't release PRs when the stock plummetted to sub penny levels, and he's not going to release a PR now simply to keep traders hanging on. Why should he? Insiders control most of the freakin' shares! And he's in the middle of a merger! I'd be more concerned if he seemed worried about the two days of selling we've experienced and timed his PRs accordingly. The company has already informed the public of events and circumstances, and loyal investors seem to be the intended recipients of news releases. And loyal investors are not going to get their feathers ruffled because of a delay that may last a few days.
I've never criticized flippers because everyone has their strategy. My own strategy is different for every stock. However, to show up to announce that you've sold when the price is down and that you've bought back when the price is up (always after the fact, it seems), then suggest that anyone who's holding is an idiot who's not maximizing profit potential is ridiculous, if not suspicious. This company has a plan, and the stock will play out over years if successful. Some people have been holding since September and have only a few months to begin realizing long-term gains. Why in the world would they begin to flip now? I'm happy for those who are happy with the profits they've taken, but given the circumstances, I'm not going to risk the shares that were so difficult to accumulate back in December (although less difficult in January when Dennis began implementing a brilliant... yes, brilliant... plan). In case you haven't noticed, with each dip, longs (old and new) take up a little more of the float, if there even is one. There's more than one way to skin a cat, as they say. And if you can't recognize that, then maybe... just maybe... you're not as bright as your over-inflated ego would like to believe. lol
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Still holding Strong. We know that MM's should let it go once. And when it goes.............. I will sit on it and hope to experience a super SQEEZE.
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I have been following this stock for quite some time. All new investors must know that this stock was IPO'd at .40 and dropped to under a penny in record breaking time. During the time it was .25-.40 the CEO, friends and family were buying this. Well as you can see when it was .002, their shares were worthless. The stock was shorted into the ground, it took him some time to figure out but they even sold shares that did not exist.
Now he has the entire float, this is obvious. There has been nothing but good news and the stock PPS decreases? How is this possible? Well, an easy answer to that IMO is the MM manipulation. Many people are being frightened into selling and I understand also, but I think they should look at the entire picture.
I am in this at .003's, I have not sold any shares since. This stock will be in the $1 range by the end of the year. This is my opinion. I am not taking into consideration, the short squeeze, just the fundamentals of the company and the $ involved.
Lack of PR--Well, if you look closely the last PR stated that the merger with Sula Bros. was complete because they waived the $10 million loan. There is a second merger coming with Consultech, the company has a strategy to getting this done. The lack of PR now could just be to remove the flippers/day traders.
Sorry this post was so long, I hope someone found it useful.
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LoftWerks Announces Cooperative Progress With Sulja Brothers Toward Merger Market Wire - March 29, 2006 2:07 PM (EDT)
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NASHVILLE, TN, Mar 29, 2006 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. (OTC: LFWK) today announced that its pending merger with Sulja Brothers Building Materials, Ltd. is proceeding smoothly and finalization is still deemed "a formality."
Consultech Construction Management, Inc., the parent company of Sulja, is committing significant R&D resorces to develop the LFWK ideals of urban revitalization throughout the regional metropolitan areas of the Southeastern United States. "The merger with Sulja Brothers will streamline logistics to accommodate materials demand created by the development of the first of four quadrants of the United States," said Consultech Director-General Petar Vucicevich. "Our immediate direction that we all, LoftWerks, Sulja Brothers, and Consultech, consider the most direct path to positive fiscal reinforcement toward our newly concerted team efforts is the LoftWerks long-standing focus on Regional Metropolitan Markets.
Vucicevich further explained that the innately cooperative and even hospitable dispositions of local residents and municipal organizations are the exacting characteristics that illuminate so-called "second tier" metropolitan areas as primary candidates for revitalization projects. More so than giant mega-metropolis areas like New York City or Los Angeles. "And what more hospitable environment for proving out our ideals than 'The South,'" said Vucicevich.
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I think some folks are losing patience. There hasn't been enough volume to worry about the company screwing us around any, just not enough buying interest until some news hits about all of this stuff being confirmed.
-------------------- I just want to make enough money to be eccentric.
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.I just bought 2m. This company looks really good. This may be the most promising of them all. Well, this and RSHN. I had to pay a little more, but the 52 week high is .40, and there's talk about moving to a new exchange.
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LoftWerks, Inc. Contemplates Regular Dividends Monday March 13, 1:02 pm ET
NASHVILLE, TN--(MARKET WIRE)--Mar 13, 2006 -- LoftWerks (Other OTC:LFWK.PK - News) CEO Dennis Ammerman and a Consultech company representative are currently reviewing a plan to issue regular dividends to stockholders.
The plan calls for a regular quarterly dividend of $0.0025. The 300 million shares represented by Consultech and LFWK CEO Dennis Ammerman will return the dividend to the company's Operations Accounts. Two Insiders that represent 86 million shares have agreed to return the dividend to the company as well.
CEO Dennis Ammerman announced today, "The dividend is being designed to minimize effects to company profits yet incur maximum damage to the short position in our stock. Consultech and Company Insiders understand that the money spent on the dividend is necessary to achieve a reasonable fair market share evaluation for all stockholders." Two insiders, representing more than 86M shares have already agreed to return the dividend to the company. The total share count enumerated for the dividend return to LFWK operations, and subsequently Consultech, is 386M shares of the 500M Authorized.
The remaining 114 million shares will receive a $0.0025 per share dividend. LFWK estimates an equal number of short shares that will also receive the dividend. Ammerman stated, "So far, it looks like a matching dividend program from the short sellers. Every dollar the company issues, in dividend form will be matched by the short sellers. If the short sellers refuse to pay the dividend, their identity will be revealed in the 'payment in-lieu paperwork.'"
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LFWK Clarifies Information on Previous Press Release NASHVILLE, TN -- (MARKET WIRE) -- 03/10/2006 -- LoftWerks, Inc. (OTC: LFWK) today announced information to clarify yesterday's press release; particularly information regarding shareholder distributions that were enumerated on the second half of the previous announcement. That portion of the announcement should read as follows:
Also, LFWK disclosed its share distribution; a request by Consultech aimed at providing shareholders as complete a disclosure as possible prior to finalizing the LFWK vehicle takeover. The shareholder ownership as described is as follows:
-- 500,000,000 authorized -- 100,000,000 control block held by Ammerman -- 200,000,000 in Treasury earmarked for Consultech ownership during and after takeover -- 50,000,000 in certificate form, owned by enumerated insiders and NOT TRADING. -- An additional 78,000,000 owned in various certificate and electronic form that is also held by LFWK insiders and accounted for as not currently trading. -- Leaving approximately 72,000,000 free-trading shares in the public float (50M of which can be accounted for by LFWK management as issued to non-insiders).
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