Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Scottrade is showing CWFG as an invalid symbol now.
Which broker is that Risk? Scottrade won't let you touch CWFG this morning either.
CWFG symbol change to JMCP today. $0.0001 stock
ScottraderElite just now updated to reflect JMCP as a valid symbol as well.
ScottraderElite is not accepting JMCP as a symbol yet this morning.
Hopefully, it'll stay at 0001 until I can buy up my remaining shares Tuesday...if not then I'll happily see it go up.
It won't let you I tried. It will reject it stating something like on this exchange it has to be within 4 decimal places. This is with Scottrader Elite at least.
You could but you would have to wait 3 days to trade bmi. LOL
What's a BUTBACK?
Thank you for posting that information Dr-J. I'll follow your posts from now on. Again thanks for helping us all out!
EYII - Reason they aren't talking about this one is the China approval was suppose to happen in March and yet it's late May and no approval yet. They also opened up a new Cornell dilution can. Once they get approval alot of people will buy in but until then the PPS will just hover between 0.02 - 0.03
Yes, makes it look like they are in the entire building. I don't blame them though for doing that. If I was in his shoes I would do the same.
Which picture shows him standing outside an office building? Link?
CWFG *NEWS*
http://biz.yahoo.com/bw/060522/20060522005606.html?.v=1
James Monroe Capital Negotiating Acquisition of Taylor Moffitt, LLC
Monday May 22, 8:30 am ET
CHICAGO--(BUSINESS WIRE)--May 22, 2006--Commonwealth American Financial Group, Inc./James Monroe Capital (Pink Sheets:CWFG - News) today announces that it intends to complete the acquisition of Taylor Moffitt, LLC, a real estate investment company. Because of price and ownership, the deal resembles what amounts to a reverse merger.
Taylor Moffitt, LLC, an Iowa company, presently holds title to 10 properties: six 2-bedroom and three 3-bedroom rentals, and joint ownership of a warehouse building. McGovern and Taylor Forrester Moffitt have yet to decide what will be done with the three vacant properties, and the warehouse. Most likely the warehouse will go to Moffitt, since he stores his personal property there. Incidentally, that personal property includes a Rolls-Royce and convertible Hummers which Moffitt and has used as collateral to borrow money on a 1 year balloon loan at 100% interest from a private party, to invest in James Monroe Capital. Vacant houses will not be rented, but will be liquidated for capital that James Monroe Capital will leverage on a pending deal.
Moffitt commented, "We're planning something big that we have yet to unveil. The equity in Taylor Moffitt, LLC will be leveraged as seed money on a large arbitrage deal with 100% financing. I am really committed now. If James Monroe Capital doesn't succeed, I'm going down with it." The acquisition terms of Taylor Moffitt, LLC should be finalized within one week.
The company has posted pictures of the Punta Uva resort development property on its website, at www.jamesmonroecapital.com.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
CWFG *NEWS*
http://biz.yahoo.com/bw/060522/20060522005606.html?.v=1
James Monroe Capital Negotiating Acquisition of Taylor Moffitt, LLC
Monday May 22, 8:30 am ET
CHICAGO--(BUSINESS WIRE)--May 22, 2006--Commonwealth American Financial Group, Inc./James Monroe Capital (Pink Sheets:CWFG - News) today announces that it intends to complete the acquisition of Taylor Moffitt, LLC, a real estate investment company. Because of price and ownership, the deal resembles what amounts to a reverse merger.
ADVERTISEMENT
Taylor Moffitt, LLC, an Iowa company, presently holds title to 10 properties: six 2-bedroom and three 3-bedroom rentals, and joint ownership of a warehouse building. McGovern and Taylor Forrester Moffitt have yet to decide what will be done with the three vacant properties, and the warehouse. Most likely the warehouse will go to Moffitt, since he stores his personal property there. Incidentally, that personal property includes a Rolls-Royce and convertible Hummers which Moffitt and has used as collateral to borrow money on a 1 year balloon loan at 100% interest from a private party, to invest in James Monroe Capital. Vacant houses will not be rented, but will be liquidated for capital that James Monroe Capital will leverage on a pending deal.
Moffitt commented, "We're planning something big that we have yet to unveil. The equity in Taylor Moffitt, LLC will be leveraged as seed money on a large arbitrage deal with 100% financing. I am really committed now. If James Monroe Capital doesn't succeed, I'm going down with it." The acquisition terms of Taylor Moffitt, LLC should be finalized within one week.
The company has posted pictures of the Punta Uva resort development property on its website, at www.jamesmonroecapital.com.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
CWFG - Website Update - Pictures of Punta Uva property...
http://www.jamesmonroecapital.com/costa_rica.html
I wouldn't mind having a shareholder's meeting here...
I like this picture comment: "This photo was taken from the cove. We were impressed with the number of tourists out here in the middle of nowhere, especially for a weekday afternoon. The area has been increasing in value dramatically. Good thing we snagged a long-term option to buy more of the neighboring land at today’s prices!"
http://www.jamesmonroecapital.com/costa_rica.html
Checkout this link to a company located in Costa Rica...RainForest Beach Casino/Resort?
http://www.christianjane.com/whatwedo.html
Pictures of Punta Uva, Coasta Rica:
http://www.1-costaricalink.com/costa_rica_pictures/playa_punta_uva_beach_picture.htm
So their numbers sound pretty much on the money. RCA please keep us updated with your findings!
Braden, EYII - Newsletter sounds exciting but they need to show dollar amounts of how much each show brings them with potential customer order amounts. Also, what's the latest news on the China approval? Weren't they suppose to have this completed in March? EYII is worth watching for sure.
Name change should jolt some life into it hopefully. New symbol, new name, without reverse splits :) Also, I believe the company is diluting until they can get a regular income to pay their bills.
UVCL - True but it's only down 7%.
Agreed - I'm not sure why either. Most companies jump off the Berlin Exchange as soon as possible because of the shorting business.
Anything under 0.0001 will not show up - at least that's what I understand.
JF has ties to Germany through investors located there doesn't he? I seem to remember they did an interview with him several years ago in Germany. Also, there is a large German investor forum on the internet - at least there was last year.
GZFX - CEO mentioned O/S possibility of 9 billion shares. PPS is reflecting that possibility trading now at $0.007
haod3 -
In my opinion these thin trades can be several possibilities:
(1) These trades are of a larger order that is not a AON (All or Nothing) trade and the MM's are just filling them when they have some shares to sell (whether an actual investor/trader selling or company diluting). So for example someone might have placed an order for 20,000,000 shares and they just fill whatever they got when they get it and it might take several hours to fullfill this order.
(2) Someone who just wants a piece of the company and wants to spend very little money on it (someone told me once he bought 200,000 shares just to have a small stake in the company just in case it runs in the next few months - which is just $20 at $0.0001).
(3) MM's trying to trick traders/investors into selling
(4) Someone who typed in the wrong amount (200000 instead of 2000000).
Hmm I can't find that PR anywhere other then on their website.
CWFG - Under new President leadership:
Name change under way.
"No Reverse Splits" - "Nasdaq Capital market in 14 months"
Currently at $0.0001
OT - CWFG - 05/11/06 Chris McGovern, President of James Monroe (currently CWFG), 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."
http://www.jamesmonroecapital.com/release051106.html
"No reverse splits"
http://biz.yahoo.com/bw/060502/20060502005795.html?.v=1
Shareholders letter - also states "no reverse splits"
http://www.jamesmonroecapital.com/presidents.html
Feejo - New Leadership in CWFG with symbol and name change soon. New president has stated NO R/S several times in his PR and wants to get to the Nasdaq in 14 months...going to be interesting to see how he can accomplish this.
Now that would increase the PPS for sure lol!
*NEWS* Commonwealth American Financial Group/James Monroe Capital Resort Update
Commonwealth American Financial Group, Inc./James Monroe Capital (Pink Sheets:CWFG) today announces that its Costa Rica resort development at Punta Uva will include a Casino.
The casino will be developed and run (initially) by the same team of Italians who did the Hard Rock Casino in Florida.
At the present time, some 200+ Caribbean cruise ships per year dock north of Punta Uva at Limon where tourists don't have much to see or do as the ships gas up at the industrial port town. Many of them are taken by bus, 3 hours away, to visit the San Jose casinos. Dr. Jane commented, "Several tour busses a day go past the beach, and there has been no development in this area. The tourists are desperate for entertainment. We can give them an all-inclusive package: the best beach, rentals, the rainforest, guided trekking, canopy rides, a casino, dance club, restaurants ... all of which draw people to our resort."
A world-class US architecture firm will work with a local architect for the resort. "To be in the rainforest, the architecture has to be natural. We won't let anyone bring in bulldozers and pour concrete everywhere," says project founder Carr Pechtel. "The main room of the Rainforest Casino should have 30-foot-high glass walls with full views of the rainforest and wildlife, with the building built around the old trees, and vines coming down from the roof. This will be beauty that people will not forget. We want them to come to Costa Rica just to see our resort ... and it's so cheap to build here too."
CEO Chris McGovern said, "This resort passed our value/growth tests with flying colors. It's a good deal, and we didn't even factor in the income from the casino. Adding the casino to the mix only improves things. We are very eager to get to the point where we can have audited financials. This will take time, and money, but we would like to help our shareholders make rational decisions."
The company expects to receive its new symbol and finalize the name change very soon, for a clear, public distinction of the new leadership and direction.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Commonwealth American Financial Group, Inc.
Chris McGovern, 847-418-3848
Source: Business Wire (May 18, 2006 - 8:31 AM EDT)
http://biz.yahoo.com/bw/060518/20060518005274.html?.v=1
News by QuoteMedia
www.quotemedia.com
Just checked - I see it fine.
Irish,
What does the E stand for? Were they late in filing a SEC report?
Nothing except I would rather buy at 0001 and sell at 0002. If you want shares at 0002 I'll sell the ones I buy at 0001 to you all day :)
itsmikie,
If I can buy at 0001 I will. Why wouldn't you double your shares? Do you always buy at the ASK and sell at the BID?
Interesting company with the new leadership. Took a look at this company back in March and didn't invest. Looking at the new president remarks and he has really caught my eye. I like the fact he keeps stating "no reverse splits" and he always sounds very excited about the future. If anything I think we can get to 0005 in the coming months which would be a 500% gain from this range. Anyone still able to buy at 0001? I'm going to try to buy all I can here in the next week.
They need to release another PR clarifying/explaining this to all shareholders. Is it an option or is it a true R/S?
AUGC holding strong after yesterday's run. GOLD continues to hit new highs...
Possible double bottom on this chart: