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Time for a new CWFG thread since Commonwealth American Financial Group is NOW The "James Monroe Capital Corporation".
I'm still in CWFG. What do you think people? How much longer can this go on? Is this finally it? Can Chris McGovern make something out of this company???
[ May 16, 2006, 07:19: Message edited by: DWE ]
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
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All indicators look very good. Volunme have be great for last two trades. This just may go today. It also have break the bollinger Band. This will most like go today...
Posts: 49 | Registered: May 2006
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I agree. I believe Chris McGovern will turn this company around for once. However, I don't believe CWFG will be making a "run" for awhile. We'll be seeing 0.0001 and 0.0002 until they get at least a "multi-million" dollar contract that is "real".
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
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No man It wasnt time for a new thread ---- why dont you think B4 you act --- there was some good DD going on ---
Posts: 1343 | Registered: Nov 2005
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I was doing some searching last night in the Chicago area and came across a Christopher Mcgovern and did a Google Image search and the man on top showed up ---- He is a well-known marketing man from Ohio -- he was also with a group of people that was nominated for the Nobel Peace Prize in 2001 -- He owned a company called Emerging Marketing in Ohio ----- So I dont know if its him or not --- But man it looks like him and Zaba.com put the man on top in Chicago
Posts: 1343 | Registered: Nov 2005
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I dont know ------ If I wouldnt have gotten a Chicago connection than I would have never thought this was "our" guy --- But Hosstrader sent him an e-mail -- we will see if we get a reply back
Posts: 1343 | Registered: Nov 2005
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News for 'CWMF' - (Commonwealth American Financial Group/James Monroe Capital Purchasing Resort Development)
CHICAGO, May 16, 2006 (BUSINESS WIRE) -- Commonwealth American Financial Group, Inc./James Monroe Capital (Pink Sheets:CWFG) today announced that the company intends to purchase a resort development project.
Dr. Julio Jane, partner/developer, inspected the property, negotiated with the seller, and signed a letter of intent on a deal that will buy a $5.5mm (appraised) 31 acre beachfront property in Punta Uva, Costa Rica, for $1.5 mm. Bradford Funding will finance 98% of the initial loan disbursement of $3mm needed to close and begin construction.
James Monroe Capital will own approximately 43% of the corporation which already owns the land. The entire project is estimated to be valued at $20mm when completed 2 years from now. The closing is scheduled to happen in 90 days to allow time for due diligence.
Dr. Jane, who also has an MBA, will be overseeing the $10mm development project, along with Carr Pechtel, Sr., a Costa Rican land baron with an MBA from Harvard.
Dr. Jane said, "This is the most beautiful beach on the Caribbean coast of Costa Rica. The rainforest is lush and cool. We saw monkeys there, a coral reef, and all kinds of wildlife. It even adjoins a national reserve which can never be developed. Our resort will give people the opportunity to experience nature without hurting it."
Photographs taken of the property will be posted on the company website, at www.jamesmonroecapital.com within the week. Please note corrected phone number below.
Posts: 1086 | Registered: Oct 2005
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Chris McGovern, President of James Monroe, said, "The acquisition of Northland Home Solutions gives James Monroe some nice equity. We would like to qualify to be listed on the NASDAQ Capital Market within 14 months. So far, we're on track.
HERE WE COME!!!
Posts: 222 | From: Quebec | Registered: Nov 2005
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quote:Originally posted by New_Ventures: This is what I posted on the other thread ---
I NEED AN OPINION PLEASE ---- Is this the same Mcgovern that is on our company website ????
These two men part their hair in opposite directions. Not the same man. The man above parts it to the right, while the man below has a higher hair line and parts it to the left.
I dont want to say what I've found if its not him -- but if it is him --- we are in business
-------------------- You can't afford to risk, what you can't afford to loose. Posts: 2422 | From: dc | Registered: Jun 2005
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LOL Don't judge the picture by hairstyle and hairline, the Business First article I read was about 5 years old! My hairline is higher now too! I will let yall know either way when I hear back though.
-------------------- I just want to make enough money to be eccentric. Posts: 2412 | From: Atlanta | Registered: Aug 2005
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How can someone come out of the woodwork and land in our stock? Sounds like this guy was spring loaded, just waiting to jump out.
This reminds me of Jim Ling of LTV Aerospace. Bought everything in sight and acquired the debt to go with it and later fell on his face. Lets hope not.
Posts: 352 | From: Marietta, GA | Registered: Nov 2005
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