quote:Originally posted by McShooter: LFWK is a Time Bomb ticking away!!! T-Minus 72 Hours and counting!!! Merger finalization and Cusip change to go to the Big Board!!! This is a way undervalued stock with a PPS evaluation of .64 per share...currently trading in the .02 range!!!
By Market Wire Last Update: 5/26/2006 1:23:37 PM Data provided by
WINDSOR, ON, May 26, 2006 (MARKET WIRE via COMTEX) -- Sulja Bros., Ltd. (PINKSHEETS: LFWK) today announced that its new ownership of the LoftWerks, Inc. public vehicle has been authorized for finalization by the Company's Board of Directors. All preliminary documents have been completed and executed, and Sulja Bros. retained counsel has been directed to "effectuate as quickly as possible any and all remaining procedures in order to finalize the transaction," as stated by a Company spokesperson.
Sulja Bros. will immediately target a broader exchange such as the OTCBB or even NASDAQ. Newly Appointed CEO, Steven Sulja, in Windsor, Ontario, stated earlier that "the LFWK trading vehicle is just that... a 'vehicle' to move us into a broader more substantial audience."
The Sulja Bros. own and run 2 builder supply stores in the Detroit area.
LoftWerks/Sulja Bros (LFWK) Announces Appointment of Interim President
By Market Wire Last Update: 6/2/2006 12:56:44 PM Data provided by
WINDSOR ON, Jun 02, 2006 (MARKET WIRE via COMTEX) -- LoftWerks CEO (PINKSHEETS: LFWK) Steve Sulja announces today the appointment of Direct General of Consultech Construction Management Inc.'s Director General Petar Vucicevich as Sulja Bros. Interim President. In his statement, Mr. Sulja says, "Leo Meloche has temporarily resigned from the position of President of Sulja Bros. to allow for a smoother transition of the Sulja/LoftWerks vehicle for its eventual merger with Consultech's Midwest Operations."
Mr. Sulja at the same time stated, "This is indeed a solid move towards making our process easier. With the appointment of Mr. Vucicevich as our Interim President, the time frame for the merger process has been cut into almost half."
Mr. Vucicevich will retain his position as Director General of Consultech Construction Management Inc., but will be working closely with the Sulja Bros. to allow efficient functioning of normal business as well as the public merger process. Mr. Vucicevich stated, "I look forward to working closely with the existing Sulja Board and helping with the merger and expansion plans. Also, this will benefit all investors with the GFYM factor."
For further details, contact Kore International.
It's an odd 3-way pairing.
builders supply owners inherit a company that either builds or invests in Lofts, then merges with a construction company that...what...looks like does the construction end of the lofts. and the construction company Pres. is the 'new LFWK' Pres. with details be Kore Int'l. I would have to read awhile on this one.
posted
FGFC: Buy back of 25 million shares up to 0.06 pps will push her up soon.
MMs will raise the pps to unload their inventory -- they have the power to do so because they hold the majority of the shares now. This is a gamble and the MMs are always the winners. To win the game, you must play on their side.
posted
Egg, you have a lot of good questions and looks like you do a lot of DD too. One thing about different peoples advice to consider, which you most likely already do, is the different trading systems or styles that people use. I trade in a manner different than many and not recommended by almost all "experts". But then most of their advice IMO applies to people doing a normal type of job with limited exposure to the market on a daily basis. I am here every day, and almost every minute of every day the markets are open. So I can get in or out at a moments notice, should unfavorable news or market conditions dictate for the plays I'm in or interested in. I tend to go almost all in, in stocks that I see good upward momentum. Take my profit when the well starts drying up and move on. If I miss what I feel is a good entry point for me, then I move on, there's almost always something popping. My small position in CSJJ is an aberration to that line of thinking. Oh well, a little variety doesn't hurt! I noticed BuyTex has a different trading system then me and that is fine, that's what works for him. Others use other trading systems. Do what works for you and keep asking the questions and posting your DD. I'm sure many find it helpful. Best of luck to you.
Vagabond
-------------------- You are what you do, not what you say!
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just my 2 cents after skimming these posts, egg if you haven't already, read the free online book at pennystocks dot org, im on chapter 3 and its a good - albeit essential - read.
-------------------- Penny stocks are often very volatile, and just as often unpredictable. - Peter Leeds
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posted
Egg, As far as your 5 picks for monday EQBM - could and should have a nice pop out of the gate monday JMCP - stuck in the .0001 range and most likely staying there a while SDTQ - had pop at noon fri. on 9:30 AM news, so lightly traded it took till noon for traders to notice... could move mon. AM do to traders discovering it over weekend AWBV - same as JMCP PBLS - may not move a whole lot in the AM but, IMO the safest of these 5 for longer term showing a good steady rise.
Those are my opinions for the 5 stocks. Of course any news Mon. AM could change all of this!! PS - I haven't been following SDTQ or PBLS so I haven't seen real time L2 on those during market hours, just quick DD
quote:Originally posted by Egg Inspector: I have a limited amount of $ for Monday a.m. opinions on which of the following will move the quickest in the a.m.
EQBM EQUITABLE MNG CORP COM
JMCP James Monroe Cap Corp Com
SDTQ Speedteq-Ti, Inc.
AWBV American Way Business Development Corp.
PBLS PHOENIX ASSOCIATES LAND SYND COM
Believe it or not, they were all on my short list from the last month of DDing.....so Tex...if your paying attention, I might be catching on
Vagabond
[ June 11, 2006, 23:51: Message edited by: Vagabond ]
-------------------- You are what you do, not what you say!
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posted
FPPL..........slowly trended up last week as people were begining to pick up shares. Set up nice for a run this week.
Here is the share structure. There are no preferred shares outstanding. The Company has issued no authorized preferred shares. The AS is 500M and cannot be raised without a vote as the shareholders hold approx. 60% of the company. This is important so that we know there cannot be any dilution.
......................wierd! it's still up a penny from my purchase avg.
explain this one.
All afternoon this thing had leveled out * .115 that was going to be it, big buys 17,100, 8500, etc.. at the last minute there was a 5000sh buy * .12, then... here's the weird part, what seems like the last second(cause it was late when it went up) a 1000sh buy * .17!
posted
i entered 20 of the 'monday movers' stock picks into a list on my computer. as of today all are RED except for fgfc, amsn, vtai and drvw out of list of 25. ouch. hope everyone either flipped or is holding on 'til EOW.
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