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OT: thought it was Elvis Grbac?
you are correct.
CEO Dennis Ammerman stated; "Insiders decided to buy more shares than are legally available."
ergo float = < 0
caveat: according to Ammerman
TFN, according to Ammerman's public statements, this too has < 1M in the float...
March 13, 2006 - 11:37 AM EST
LoftWerks, Inc. Explains and Defines: "Short Seller Captured Capital"
CEO Dennis Ammerman reiterated today that anyone planning to flout LFWK (OTC: LFWK) stock in a "shorting position" would do so while bearing the full brunt of every available resource at the company's disposal that can be aimed to render them mute [sic]. "The small exchanges are plagued by this ludicrous and even perilous frenzy of negative influence," said Ammerman, " We can help open the door to companies that rely solely on public market funding to reclaim their rightful roles of benefactor and driving force of true and accountable shareholder value."
-- LoftWerks' share structure is: 500 million shares Authorized.
-- 200 million of these shares are held in treasury for M & As and
Dennis Ammerman owns 100 million shares that are Restricted.
The share structure will be posted at www.loftwerks.com by March 14, 2006. The Pink Sheets website will be updated by Tuesday March 14th, 2006.
CEO Dennis Ammerman stated; "Insiders decided to buy more shares than are legally available. There is no stock definition for this type of buying; therefore, we created our own definition. We call it 'Short Seller Captured Capital.' Insiders have expressed interest in selling blocks of shares back to the company at a later date. The shares can be introduce back into the market after LoftWerks' plans are executed, and the short sellers can complete their buy-in at a much higher price. Short Seller Captured Capital will prevent dilution of the current shareholders' value while providing insulation to the current shareholder from the effects of high-volume sell-offs."
Shares issued through the current open Rule 504 paper filing for merger expenses are issued at the closing ask price on the day of issuance.
LFWK is on schedule to complete the merger with Sulja Bros. Building Supplies. LTD., the primary distribution arm of Consultech's Midwest operations, as planned. Sulja Brothers will serve as the centralized and primary distributor of materials for all future projects. A twenty-four year old business, Sulja Bros. has achieved increasing revenues since its inception that now average over $30M annually. The company currently has assets totaling more than $25M. After merging with Sulja Bros. Building Supplies, Ltd., LFWK will finalize the full reverse transaction with Consultech Construction Management, Inc.'s Midwest office. Consultech Construction Management is currently in negotiations with federal, state, and local officials to procure storm-relief contracting services outside Biloxi, Mississippi. More details will be released at a later date.
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," " estimates," "believes," or statements indicating certain acts (such as "may," " could," "should" or "might occur"). Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements, The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Source: Market Wire (March 13, 2006 - 11:37 AM EST)
News by QuoteMedia
www.quotemedia.com
and SLJB has the Dubai factor.
did you read Bob Froelich's powerful essay on the era of Commo-Dubai?
did you catch the typo in that essay? (spellcheck didn't)
No min. bid requirement for OTCBB.
Yet CEO stated the following:
"Our shareholders will soon see why Sulja Bros. did not need to reverse split the stock to meet our up listing goals."
http://biz.yahoo.com/iw/060811/0153252.html
it seems reasonable to infer from the above remark that he was referring to an EXCHANGE LISTING.
Chu - read the message to which i've replied.
i'm thinking a BofD seat goes w/the 25%
but we won't know fer sure until they file with the SEC!!!
until then, we are collectively the market equivalent of Sargent Schultz!
bizzboy - BOTH!
headline=Wessel
bodycopy=President
so exactly how much did you LOSE here Gilligan?!?
wow green, you are all over this angle!
keep it up & looking forward to those photos!
thanks.
CBS Television Negotiates New Media Deal with its Affiliates Association
The CBS Television Network and the board of the organization that represents its local station affiliates, the CBS Television Network Affiliates Association, say that they have negotiated the material terms of a multi-year agreement which will allow both parties to benefit from opportunities in new media (and which thus will presumably allay any fears CBS affiliates have of being "disintermediated" by the network). The deal, which has still to be approved by the affiliates, also extends the parties' cost-sharing partnership for NFL coverage by three years.
http://blog.itvt.com/my_weblog/2006/07/cbs_television_.html
the headline term "negotiates" appears to be past or present tense, especially with the context provided by the body copy ("is acquiring").
is English your first language?
if not, what was your TOEFL score?
damn right!
Port of Seattle is one of America's largest, fwiw.
http://www.portseattle.org/
disagree moxy.
i sided with your remarks last night to a certain extent, but "is acquiring" is present tense & not forward looking IMO.
Sulja Bros. Building Supplies Negotiates Acquisition of Lumber Mill
Aug 17, 2006 11:03:00 AM
WINDSOR, ON -- (MARKET WIRE) -- 08/17/06 -- Sulja Brothers Building Supplies, Ltd. (PINKSHEETS: SLJB) announced today that it is acquiring a lumber mill with operations in both the Province of British Columbia and the State of Washington.
CEO Steve Sulja stated: "We have decided to remove the middle man in our supply chain. The acquisition of the lumber mill will decrease our finished lumber product costs by over 30%. The decrease in finished product price will make us more competitive in the North American bid process and will increase our market share of projects. More details will be released after the closing papers are completed. Sulja Bros. will strengthen and utilize the full potential of the lumber mill supply chain to create sustainable shareholder value."
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual result may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
**************
not as good as "just closed the acquisition of..." but significantly better than "negotiating to possibly maybe make an offer to purchase blah, blah, blah..."
VERTICAL INTEGRATION
sorta like the old "studio system" in Hollywood where a studio "owned" everything from the actors, screenwriters, directors, etc.
huge economies of scale which translate into well above industry sector average profit margins.
me likey.
"i[ ] add[ed] at these incredibl[y] low prices"
feel better?
try dropping the AON (imo)/eom
MGB=noise to be filtered...
and with more than 90% of those pinkies, insiders dump artificially inflated paper into those possible gold mines, possible perpetual motion machines, terrorist detectors, substitutes for oil, cures for cancer, etc., etc.
btw, ordered a copy of the May 2005 LFWK Reg D paper filing from the SEC today & will report its contents upon receipt.
http://www.sec.gov/Archives/edgar/data/1326452/999999999705022886/9999999997-05-022886-index.htm
"audit needs to show a lot more than projections"
evolving into a fully reporting company with verified (audited) revs & assets that comport with prior claims (incl. pro forma) will solve all of that IMO.
if the many claims are truthful, the company has nothing to worry about & the stock will take care of itself...
it seems wholly premature to rule out the possibility that SLJB will evolve into a reporting company in the foreseeable future, based on official statements.
btw, ogclip, the 5DMA has also converged w/the 20DMA just below .08, fwiw...
XKEM didn't do that noobass!
i dunno Lakers - SPEA moved on assets.
when the Presley estate assets were verified as part of SPEA, it went parabolic & didn't look back.
SLJB may have some commonality if it is demonstrated via audited results that a large pool of assets is held by the company.
remains to be seen, of course, but cannot summarily rule it out either.
UBS acquired Schwab's MM biz in 2004:
UBS To Buy Schwab Capital Markets
August 31, 2004
UBS AG says it will buy the capital markets unit of Charles Schwab Corp. to strengthen its U.S. investment banking franchise.
The Zurich-based bank said Tuesday it agreed to buy Schwab's capital markets business, called SoundView, for $265 million in cash, confirming recent market speculation and media reports.
http://www.fa-mag.com/news.php?id_content=4&idNews=18
see also:
http://www.schwab.com/public/schwab/nn/legal_compliance/important_notices/order_routing_execution/ma...
http://www.schwab.com/public/schwab/nn/legal_compliance/important_notices/order_routing_execution/or...
Vince Welnick - RIP
i confess that i am struggling to hold my tongue with the SLJB board which is apparently infested with WillyWizard followers trying to make back their CMKX losses (yet still haven't learned to ever question management).
i also confess that i didn't know that DD was relegated to picking out quotes & conjecture that make me feel all warm & fuzzy about my investments, and wallowing in certain posters' bogus daily PR predictions.
i further confess this is the first i've read about rover's rack, and confess that if given the opportunity, i'd probably end up reading anything & everything available on the subject to the potential detriment of my portfolio...
exactly.
try getting a margin account.
then why even have message boards?
just so pumper clowns can pump?
no intent here whatsoever to "protect" you, but i do intend to analyze what i see here & discern what SLJB's prospects may or may not be.
why are you here?
the depth of yer analysis amazes me.
are you a CMKX refugee?
or maybe QBID?
thanks Rick - how 'bout milestones?
at what points do portions of construction-related added value (improvements to real property) get treated as assets? e.g., groundbreaking; foundation completion; going "vertical," etc.
timetable?
so how long will you allow before you conclude that a PRed "deal" died if there is no post-negotiation follow-up PR to confirm the execution of a resultant contract?
what tangible asset value is placed on a future project still in the planning stage?
"The anticipated start date on the hotel construction will be mid 2007, and to be completed by mid 2009."
maybe yes, maybe no.
will they issue a follow-up PR to inform you that a "deal" fell through after having issued a PR that a given "deal" was being negotiated?
re Suljaspeak
Aug 11, 2006 -- "has currently secured" - okay, seems solid.
Aug 9, 2006 -- "is being contracted" - squishy.
Aug 8, 2006 -- "is purchasing" - unclear if present or future tense & the source of ample ongoing analysis & debate here.
Aug 3, 2006 -- "has arranged" - a definite maybe.
moxy made a valid point.
IMO Suljaspeak is inartful at best, misleading at worst.
LWFK tossed around the term "quarterly reports" too, fwiw.
seems reckless in my estimation to use a term that has such precise meaning in the market if that is not what was actually undertaken IMO.
LoftWerks Announces Details on $10M Acquisition Capital
Thursday February 16, 7:54 am ET
http://biz.yahoo.com/iw/060216/0110169.html
<snip>
Consultech Director-General, Petar Vucicevich, said, “The merger process, to this point, has been very smooth. The $10M funding was pending LoftWerks' completion of its financial disclosures as a service to its shareholders, per our agreement. As many shareholders have seen, LoftWerks just filed its quarterly reports and we believe it is in both parties’ best interest to complete the financing ahead of the merger completion. We look forward to joining our efforts and resources with LoftWerks.”
how 'bout if cherry is offered?
OT: sure, it's the #2 board on iHub:
http://www.investorshub.com/boards/top_boards.asp
lowtrade - Zeev Hed has 1215 marks & posts real time trades
yeah, what he said!
Zeev Hed posts his trades in near-realtime fwiw.