NEWS OUT ON ENTI- FINALLY CWIR HAS ITS FREEDOM AND ALL THE BS AND SPECULATION OF ENTI being a holding group over CWIR or ENTI being in the MMJ/MJ business- WELL THERE ARE ALL FALSE. CWIR IS THE ONLY COMPANY UNDER HUDSON AND GRANDE NOT TO BE R/S'D LIKE I SAID WEEKS AGO AND IS THE MMJ/MJ COMPANY UNDER THEIR MANAGEMENT. THE ONLY WAY ENTI AND CWIR ARE RELATED IS BY THE SAME GROUP OWNS THEM.- THATS IT. PERIOD. FINALLY, THANK GOD THE PRIVATE PLACEMENT WAS DROPPED- GREAT NEWS FOR CWIR SHAREHOLDERS MOVING FORWARD!!!!
Here you go just posted on OTC Markets NEWS:
1- 1:1000 RS
2- Private Placement has been dropped for the most part. (I could not be happier, for CWIR shareholders on this matter)
3- 500M New A/S
4- 250M ENTI shares for ANGLERS Construction: NOT CWIR SHARES as someone has stated.
5- WILL HAVE ABSOLUTELY NOTHIG TO DO IN MMJ/MJ BUSINESS- THAT IS CWIR.
NATIONAL PROPERTIES TRUST ANNOUNCES RECORD DATE FOR CORPORATE ACTIONS
May 06, 2014
OTC Disclosure & News Service
Rochester, NY -
National Properties Trust, a Colorado corporation (US.ENTI.PK), announces that its Board of Directors fixed the record date for its stock merge at May 9, 2014. Concurrently with the fixing of the record date, National's senior executive management will undertake the preparation of the necessary documents that it will submit to various regulatory and self-regulatory agencies on or before May 13, 2014. The company expects its 1:1000 reverse stock split to become effective on May 23, 2014, if not sooner, or later following the review of its notifications of corporate actions by the respective various agencies. In chorus with the corporate notification of the reverse split, National will be notifying the respective agencies of its name change, the fact that National's Board of Directors will file and amendment to its Articles of Incorporation to restate its capital to authorize 500 Million shares, in total, of common stock, and to restate the conversion terms of National's preferred stock from that stock's present terms to that of one (1) year's advance notice to the shareholders thereof, in writing, prior to the conversion thereof.
Randolph S. Hudson, National's Chairman of the Board, President, and Chief Executive Officer, said, "I realize that reverse stock splits, in general, are extremely unpopular with a sub-penny stock's shareholders; however, in the case of National, at its present capitalization, will never realize any significant price per share value. It confounds me to conceive that some shareholders (although very few in number) think National can demonstrate a significant price per share value of between one and five dollars in the coming years (based on an estimated $250 million in operating assets by year-end 2016), if there are billions of shares issued and outstanding. The company will always be relegated to the OTC Pink Tier. Moreover, as National plans to apply for a listing on NYSE Alternext as soon as it is practicable, it must maintain a certain price per share in addition to maintaining a value of its public float. While it could meet the value of the shares in gross, it could not meet the price per share requirements. Worse yet, the company's stock would not attract serious long-term individual or institutional investors who or which are interested in a company with sustainable growth through a stock valued at between one and five dollars per share. My heck, if our stock was trading at $5.00 per share, we'd still be a penny stock by the SEC's definition. We're not going to reach that plateau, especially, with billions or even hundreds of million shares out there."
National has been repositioning itself over the past four and one-half months in anticipation of expanding its operations into the commercial and residential real estate markets. Initially, the company will be focusing on selected properties in New York, Nevada, Florida, Colorado, and Arizona. National is a unit of First Hudson Trust of New York ("First Hudson") and Electronic Merchant Systems Rochester, Inc. ("EMSR"). National is a company affiliated with other companies in the Hudson and Grande fund complex and is not a holding company or representative of any of the other companies; rather, it will own the real estate for the other companies within the fund complex but, of greater significance, it will also acquire, develop, and manage other properties for its own account. (No other companies, public or private, that are owned or controlled by First Hudson, EMSR, Mr. Hudson, or Michael P. Grande, will be associated with the current First Hudson and EMSR fund complex; that is to say, if the companies are not named in this press release, they will not participate in the current plan of operations.)
The company, for over three months, has been engaged in conclusive negotiations with three principals for the acquisition of their respective properties; however, until the date that National completes its restructuring, it will not enter into any definitive agreements to acquire any property. Mr. Hudson said, "From my past experience, I have learned not to divulge the details of definitive negotiations; specifically, due to the unprofessional actions by overly-enthusiastic shareholders and investors who contact the sellers and disrupt or negate the acquisition. It just makes good business sense to get the company's house in order and retain as confidential the status of ongoing discussions and negotiations. If and when a deal closes, then the company will announce the results."
National is also gearing-up for spring and summer business for its totally held subsidiary, Anglers Construction, Inc., a New York corporation ("Anglers"). National acquired Anglers in January 2014 from an unaffiliated Hudson and Grande private client for $25,000, which it paid to him by issuing him 250 million restricted shares of National's common stock. (That's not bad, considering the company issued about 15 Billion shares.) Anglers is a fully-licensed and insured remodeling firm that is listed with the Better Contractors Bureau and that specializes in roofing and siding installation and repairs. National's senior executive management has been evaluating the resumes of qualified applicants for the past two months and expects to make decision as to the individual who will become the next president of Anglers. That decision is expected to be announced in the next three weeks.
National will be publishing three reports with OTC Markets Group, Inc. ("OTC") within the next two weeks. This event was estimated to occur sooner; however, with the numerous changes that have occurred with the company during the past two months, combined with additional information that was recently made available in respect of National's prior organization and operations, it was necessary for National to revise its filing documents. Mr. Hudson added, "I know the company's shareholders are anxious to learn of the status of their [prior] investments in National and to learn of the direction moving forward as planned by the company's management. While the overwhelming majority of our shareholders are encouraged by the company's forward stock movement since December [2013], there are a small number of shareholders and miscreants who choose to form opinions based on incorrect facts or facts unknown to them, and, therefore, are incapable of providing anyone with accurate opinions as to the company's former operations or current development. These reprobates are only serving to delay the company's plans by their deleterious comments or hypothesis. Some of these commentators are idiots! I am "Virginia formal" when it comes to business; I am unconcerned with speculation from uninformed parties or sources. Realistically, I think the company's management has done a great job, given the fact the company did nothing, in any respect, for the past two plus years. It's not so much the movement in the company's stock that I'm concerned about; the company's stock will stabilize when shareholders and investors become acquainted and confident with the company's plan of operations. It's the fact that the company must engage in and conduct an actual business that realizes revenue and income, which is unlike anything the company has done in the past. The company has never sold any of its products, it has never realized any income from its efforts, and, for the most part, the company used its purported assets under its prior ownership (excluding Carrie Cosner) to maximize on the company's stock price, especially by transferring the assets between companies that were controlled by National's principal shareholders. At least the shareholders will learn the facts when the reports [with OTC] are filed."
In conclusion, Mr., Hudson said, "We set out on this journey looking down a long road. For a company to engage in the real estate business - and nothing more - we expected National's entire journey (the restructuring) to take more than a year, given the state of the company and its [defunct] affairs, when we took it over. Remarkably, we're only a month behind schedule; primarily, these delays were caused because of our having received new information and due to the availability of current [non-public] status of the company's operations. I've tried to answer every question submitted by every shareholder (unless they are comments that may be subject to future litigation), and, for the most part, I have well received these discussions. Of course, we have never and never will release or disclose non-public information to any shareholder or any other party that is not an "insider", officer, director, or advisor to the company. For a company that was pretty much dead-in-the-water, I think we've offered a slight bit of hope to the company's shareholders. Of course, there will always be those who claim to be 'know-it-all's' and who criticize a company's management because they didn't know the facts - then - and they don't know the facts now. I'm working to remedy this situation by speaking to as many shareholders, or to correspond with them by e-mail, as is possible - given my schedule - to inform them of material public information. In terms of raising money, National is no different from any other public company, some of those being Wal-Mart, Bank of America, or Sears, but to name a few. Nearly every public company offers some type of offering to fund its operations."
National will not proceed with the previously announced private placement of its securities; rather, First Hudson and EMSR are conducting a debt offering in their names, collectively - not in that of this company or any others in their fund complex. (Investors choosing to subscribe to the favorable placement offered by First Hudson and EMSR in terms of their joint debt offering may contact Mr. Hudson directly.)
For additional information on National, shareholders and investors may call or text Mr. Hudson at (585) 329-3581 or send him an e-mail to randolphshudson@gmail.com. Due to the overwhelming number of telephone calls and e-mails he receives daily, Mr. Hudson may not reply to calls or e-mails for up to 14 days.
The other companies affiliated with National in the First Hudson and EMSR fund complex are Fuzznbuzz Brands, Inc. (US.CWIR.PK), Hall of Fame Beverages, Inc. (US.HFBG.PK), Real American Capital Corporation (US.RLAB.PK), Herbal Financial Solutions, Inc. (US.ONCO.PK), and First Intercity Bancsystems, a New York corporation, in-organization.
This announcement is for informational purposes only. The information contained herein is not an offer to sell or a solicitation to buy securities of any of the companies mentioned in this announcement as defined under the Securities Act of 1933. Potential investors should carefully read all public filings that the Company has filed or will file with OTC Markets Group, Inc., and with other reliable information services. Prior to making any investment, investors should always consult with a licensed financial advisor and legal professional to determine if the investment is suitable for you.
This announcement contains "forward-looking statements" (as such term is defined in the Private Securities Litigation Reform Act of 1995), within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements.
Forward-looking statements include any statement or graphic that may project, indicate, or imply future results, events, performance, or achievements. The forward-looking statements contained herein are based on current expectations that involve a number of risks and uncertainties. These statements can be identified by the use of forward-looking terminology such as "projects", "believes", "expect", "may", "will", "should", "intend", "plan", "could", "estimate", or "anticipate", or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. Given the risks and uncertainties relating to forward-looking statements, investors should not place undue reliance on such statements.
Investors seeking to make an investment in penny stocks, buy stocks or funds, or make a stock investment to diversify a portfolio, should carefully evaluate and review all available information about the company and its principals. Investing in the stock market based upon investment news or stock quote trends involves a high degree of risk and is not considered to be a safe investment such as investing in a money market account. Investors should consult with your financial advisor before making any decision related to a money investment.
Copyright © 2014 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
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