Signal Companies Inc fka WWWG

[PDC ™]

hmmmm. cool. thanks

[Mr. Bill]

See where some preferred was converted to common (for some of the preferred) but no more details.

[Mr. Bill]

Not sure, dont see anything in the filings. Recent 8K on 12/30/2005 on Merger

[PDC ™]

wwwgp rs with wwwg?

[Mr. Bill]

WWWGP. Now .03 x .05 1.498M OS Apprx FLOAT of 700K.

Insiders still HOLD their shares per 3/30/2005 filing.
Company owned by two directors of the company issued 800,000 shares of WWWGP for debt. Extended conversion period on Jan 10th 2005 4 days prior to tenative expiration date. Hummmm. Who owns these few shares ? The officiers of the company.

Scarcity can be a good thing. There also is the chance that they let the preferred shares expire. Why would they do that to themselves since they own 53% of the preferred shares? Might they do something other than let them expire? One might also argue they are overvalued at the conversion rate to the common stock. Again, the assumption is that "you would convert them". Why would they issue PREFERRED STOCK to themselves ? Think.

http://www.otcbbpulse.com/cgi-bin/pulsequote.cgi?symbol=wwwgp
SCHB 0.03 50 SCHB 0.05 50
ETRD 0.004 50 ETRD 1.03 5

Top 5 Important Market Makers

MMID Volume Rank/%
NITE 30,700 1 / 58
SCHB 10,500 2 / 20
CRWN 6,800 3 / 12

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0000832488%252D05...

SHAREHOLDERS' EQUITY:

Series B preferred stock, two shares
convertible to one share of common;
non-cumulative, non-participating,
authorized 10,000,000 shares,
$.0001 par value, issued and
outstanding 1,498,901 shares at
December 31, 2004 and
1,499,060 at December 31, 2003

Common stock- $.0001 par value,
authorized 40,000,000 shares,
23,264,145 issued and outstanding
at December 31, 2004 and
10,392,084 shares at December 31, 2003

During fiscal year 2003, the Company issued 800,000 shares of Series B Convertible Preferred stock to pay $8,000 due to a corporation owned by the two Directors of the Company.

n January 10, 2005, a resolution was passed by the Board of Directors, which extended the conversion period of the Series B Convertible Preferred Stock from January 14, 2004 until the close of business on April 14, 2005. Each share of Series B Preferred Stock may be converted to 0.5 (one half) share of Common Stock at the election of the shareholder.

In fiscal 2004, 159 shares of preferred stock were converted to 79 shares of common stock.

[PDC ™]

why dont you post on magic cougar. :) congrats.

[ktcougar]

SFTV....got my .01....lol!

CTDH slowly moving forward.

Other than that the market sucks, I think I'm going on a vacation!

Cougar

[PDC ™]

:)

[RULiquid]

Loaded and waiting!

[PDC ™]

SFTV looking good.

[ktcougar]

SFTV bouncing today....hoping for .01. :)

[PDC ™]

loosk to be a good grab. Yep. I am off soon as well. later.

[ktcougar]

Picked up some SFTV @.0061

They seem to bounce between that and .01 lately.

I'm off the rest of the day.....you're right....very boring market today!

[PDC ™]

awful market. VERY slow. Not really eyeballing anything today. Congrats on FDEG :)

[ktcougar]

I'm around...:)

Hey, thanks for FDEG....sold half yesterday for a quick double. Hope to ride the others waaaaayy up!

Any other hidden gems out there? Sitting on some cash since selling EMXC a couple of wks ago. Market boring today!

Cougar

[PDC ™]

where ya been? WWWG has held up suprisingly well. FDEG :)

[PDC ™]

LOL. I held to. sold 5k at .045 but amazed it did hold up as well as it did. plain and simple we got a 23 million OS with 19 million on the inside. Its a better deal here then most these POS's I play IMO ... glad to see that it held and I seriously would not doubt if a new deal is in the works soon. :)

[ktcougar]

I held! Looks like I couldn't dump today if I wanted too.

Kind of surprised by the lack of volume today.

We must be the only ones left in it. :)

[PDC ™]

:) ----- so you think your holding or dumping?

[ktcougar]

LOL

[PDC ™]

:) for "eventually" and :~( for now ....

[ktcougar]

Yea, I agree. They'll push it again eventually.

[PDC ™]

IMO .. doubling your position at .02-.025 .... We will come out winners in the long run.

[PDC ™]

yea. I know. Im sick about it. Gonna go drink on it ....... but I think I am holding as it should open .04 x.045 or something and I will make a big avg. down at some point ... IT IS A BS SHAFT JOB but ..... the OS is still 23 million with about 19 million of that held on the inside.

[ktcougar]

PDC,

8K out on WWWG. This is the second time that they have done this. Won't fool me again! :(

cougar

[PDC ™]

I saw your message the other day on really liking it at these levels and agree that it should be an easy double if not triple even pre split.

I will hold through the split and for along while after ... ANY buying presuure post split will make it run mad with its TINY OS.

I will watch filings and buy more pre-split when we got a lil' more info.

Todamoon!!!

[ktcougar]

pdc,

Looks like we might be the only ones holding this one. :)

We will either be very happy in 2 weeks or still sitting here around .07....seems like a low risk play to me. A little buying and we're back in the .20's easy!


ktcougar

[PDC ™]

ahhh. thanks. WEeeeeeeeeeeeeeeeeeeee ... bastiges never call me back. good to see the deal is in the works.

[ktcougar]

http://pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0000832488%252D05%252...

[PDC ™]

I saw this

http://biz.yahoo.com/e/050209/wwwg.ob8-k.html

but where did you get that letter bud? Cant find it anywhere. Thanks.

[ktcougar]

This out after the close today. Nice to see that the deal is still alive....:)

Shane Rodgers, CEO
Signal Companies Inc.
9229 West Sunset Blvd, Suite 830
Los Angeles, CA 90069

Re: Proposed Acquisition of Cristina Acquisition Corp. (hereinafter "CAC", or "Acquiree") from Signal Companies, Inc. (hereinafter "Signal") by W3 Group, Inc. (hereinafter "W3")

Dear Mr. Rodgers:

Based upon our recent conversations regarding your efforts to secure the necessary financing required to implement your current business plan, and you having provided adequate confirmation that your efforts are proceeding diligently and with a demonstrated likelihood of success, this letter is intended to serve as a formal amendment to our Letter of Intent dated January 19, 2005 to the extent that Paragraph 9(g) thereof is hereby amended and modified to read as follows:

"9 (g): Acquiree shall provide evidence of one million five hundred thousand dollars ($1,500,000) in escrow on or before March 2, 2005. A Formal Closing of the proposed transaction shall take place as soon thereafter as possible but no longer than 90 days thereafter unless extended by the mutual agreement of the parties."

In all other respects the aforesaid Letter of Intent is confirmed and ratified and shall continue in full force and effect until the earlier of the date on which a formal Agreement is entered into between the parties or March 2, 2005, after which date the said letter of Intent shall expire and be of no further force or effect unless further extended by the parties.

The parties acknowledge that W3 is required to make an appropriate disclosure of the terms of this amendment to the said Letter of Intent and of the general provisions of this letter. Such disclosure is required in order to comply with applicable state or federal securities laws. The parties hereto expressly consent to such disclosure pursuant to the reasonable direction of W3 and its counsel.



Very truly yours, ACCEPTED AND CONFIRMED:
W3 GROUP, INC. CRISTINA ACQUISITON CORP.

By: /s/ Robert Gordon By: /s/ Shane Rodgers
-------------------------------- --------------------------------
Robert Gordon, President Print Name: Shane Rodgers
Print Title: CEO


ACCEPTED AND CONFIRMED:
SIGNAL COMPANIES, INC.

By: /s/ Shane Rodgers
--------------------------------
Print Name: Shane Rodgers
Print Title: CEO

[PDC ™]

cool. Nice to see ONE ihuber that is not afraid of a lil ole RS. Esp. when the ending result is a GREAT OS and Float. GL. MY avg. is .10 :)

[ktcougar]

I'm in today at .07. Very happy to get in at this price. Will add more if it drops.

ktcougar

[PDC ™]

W3 Group, Inc. Announces Letter of Intent for Proposed Acquisition [DVNVVXB]



Business Editors

NEW YORK--(BUSINESS WIRE)--Jan. 20, 2005--W3 Group, Inc. (OTCBB: WWWG and WWWGP) announced today that it has entered into a Letter of Intent to acquire Cristina Acquisition Corp. ("CAC"), a newly formed and wholly owned subsidiary of Signal Companies, Inc. ("SCI"). SCI is a privately held company located in Los Angeles, CA.
The Letter of Intent is not binding upon the parties except as specifically stated therein and is subject to due diligence review and other matters and closing of a formal Acquisition Agreement. Subject to such closing, of which there can be no assurance, the transaction is expected to involve, on behalf of W3 Group, Inc. ("W3"), a corporation name change, change of management and a 1 for 20 reverse split of W3's common stock. It is intended that W3 will acquire 100 percent of the issued and outstanding capital stock of CAC in exchange for 83 percent of the total issued and outstanding shares of W3's common stock. An additional condition of the transaction requires that CAC deposit $1,500,000 in an escrow account before January 31, 2005. Any terms of the acquisition could change at any time prior to the closing and discussion between parties may terminate at any time.
Signal Companies, Inc. is involved in the oil and gas industry. CAC also intends to engage in the oil and gas business and to be located in Casper, Wyoming. CAC has entered into a letter of intent to acquire 100% of the membership interests of Gas Ventures LLC for a total cash consideration of $1.2 million and shares of common stock whose value is equal to $7.5 million payable at the closing. Gas Ventures currently owns and operates oil and gas wells throughout the state of Wyoming. CAC is also in the process of identifying additional acquisition candidates and plans to grow its operations through a series of additional acquisitions.

Forward Looking Statements

Statements contained in this release that are not historical facts are forward-looking statements that involve risks and uncertainties. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, those discussed in "Risk Factors" in the Company's Forms 10-KSB, Forms 10-QSB, and other filings with the Securities and Exchange Commission. Such risk factors include, but are not limited to, a limited operating history with no earnings; reliance on the Company's management team, members of which have other business interests; the ability to successfully implement the Company's business plan; the ability to continue as a going concern; the ability to fund the Company's business and acquisition strategy; uncertainty in government regulation of the acquired companies; and the limited public market for the Company's common stock. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.

--30--KL/ny*

CONTACT: W3 Group, Inc.
Robert Gordon, 212-750-7878

KEYWORD: NEW YORK
INDUSTRY KEYWORD: OIL/GAS ENERGY MERGERS/ACQ
SOURCE: W3 Group, Inc.

Copyright Business Wire 2005

20Jan05 21:30 GMT
Symbols: us;WWWG us;WWWGP
Source BW Business Wire
Categories: MST/I/OIL MST/I/OIS MST/I/SFN MST/L/EN MST/R/US/NY MST/S/MRG TGT/BWN

[PDC ™]

It simply looks amazing and the creation of this low float is awesome!