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Wow, didn't think we would see .17's today. :(
No, I agree and will give you that the timing seems a bit ackward but I am sure Steve knew this was coming eventually. E
LMAO- How can a it be hostile when Sulja is already a division of Consultech? PLEASE, no more foolish comments.
If you have been here a while you would have known that Petar V. would eventually end up as CEO. Steve and the Kahn guy were always going to be replaced when the next merger was complete. Remember, Sulja is in essence just a divison on the larger companies Consultech and Vista. I think we just upset their timetable a bit. imo...
2nd most popular story yahoo finance
http://finance.yahoo.com/
what do your L2's say. Mine say .009x.03...insane
$500k would be entire float at these levels. We would see 1000% imo... would like to see a 15k to 20k share trading day on news. We would be in .10's imo..
What happpened to truth? LOL...
Truth, I applaud you..well done today...I think you succeeded in scaring some folks out of their shares. Not me though
I have 125k WWCD thinking of adding again here.
Ok here is my take...about half the float has traded here Fri-Tues and most of that volume has been at .017 and above. Soooo I am thinking we have a very strong base here in the high teens and expect this to take off like a rocket on any news or decent volume spike. Hanging on to my 125k shares tightly these next few days.
No one selling and lots of eyes on this one...bring on some news and volume...i'm ready
www.knobias.com
Sign up for the free newsletter. Sulja is on 1st page of .pdf about half way down.
Just viewed the knobias newsletter for free. Good stuff..
Yahoo!!!! Look who's back!!! It is really going to get fun now!!! Where have you been??
Nano, I work for a company does over $10M revenue per year and our offices are in a 3 bedroom rental house. What's your point? Spend more on office space? Their business is construction supplies. They have been in business a long time with those offices.
You have been gone all day! Maybe YOU ARE CHAD! LOL...
(Read above with appropriate sarcasm...good night everyone)
Ok Namo serious questions here. Not bashing, just asking...
1. If Chip is Chad and/or someone else on this site does that mean that PR's by the company are fraudulent?
2.Does it cause you to question the validity of the #'s put out in today's PR?
3. Does it call into any further question the unaudited financial statements on Sulja's website?
For me, at worst we see some bad judgment by Steve on his choice of IR man and some possible legal trouble ahead for Chad. Other than that nothing has changed substantially...
1. waiting on audit.
2. share structure is basically what we all thought.
3. waiting on confirmation of Wessal buy-in.
I think still think Sulja has better things to do with their 25 year old company than perpetrate the penny-stock scam of the decade. For me this is just an opportunity to buy some more shares...or flip...now there's an idea ...Anyone else think tommorrow will be flipper's paradise? LOL...let the games begin
all imo...
Removed from what? I see his name right here.
http://www.marqueeasset.com/contact/ceochairmanbio.html
Are we reading the same PR? This seems to me to be a very professional rundown of the #'s and DOES indicate to me that there is a short in this stock. In the PR "insiders" seem to be defined as those that own more than 10% of the stock. 10% = 50M shares. 10% used to be = 30M shares. It seems very plausible that insiders ie. friends and relatives might not be included as "insiders" as defined by this PR.
I count this as very good news. Sorry others apparently do not.
RLTR- Tried to do my part this morning. Bought 36k and change at .07
Greenspirit-
In all seriousness...you better start picking out the restaurant...lol
That was me :)
UM...care to revise??? (just messing with ya)
Posted by: JimProfit
In reply to: GZFX4ME who wrote msg# 39837 Date:8/11/2006 11:44:46 AM
Post #of 39958
i doubt that any of the big 4 is touching this...
Jim Profit
SLJB- ihub board starting to look like RB,LOL..coming back here for a breath of fresh air.
I was one of those that tried flipping today. I sold about 10% of my shares and was able to buy back about 15% lower but it took 3 partial fills over 3 hours to get back in...on two different occasions I was above the ask with no fill..LOL It was scary,lol...will be holding from now on...and adding.
Now they lowered ask to .09..I am still not filled...LOL
bastards skipped right over my 30k share bid at .091 to fill .088 WTF?
Before everyone gets too excited I think the key word here is "contemplates". There are no promises made although it does seem like a good way to combat a short position. Focus on fundamentals. This thing will fly eventually. imo...
LoftWerks, Inc. Contemplates Regular Dividends
LoftWerks (OTC: LFWK) CEO Dennis Ammerman and a Consultech company representative are currently reviewing a plan to issue regular dividends to stockholders.
The plan calls for a regular quarterly dividend of $0.0025. The 300 million shares represented by Consultech and LFWK CEO Dennis Ammerman will return the dividend to the company's Operations Accounts. Two Insiders that represent 86 million shares have agreed to return the dividend to the company as well.
CEO Dennis Ammerman announced today, "The dividend is being designed to minimize effects to company profits yet incur maximum damage to the short position in our stock. Consultech and Company Insiders understand that the money spent on the dividend is necessary to achieve a reasonable fair market share evaluation for all stockholders." Two insiders, representing more than 86M shares have already agreed to return the dividend to the company. The total share count enumerated for the dividend return to LFWK operations, and subsequently Consultech, is 386M shares of the 500M Authorized.
The remaining 114 million shares will receive a $0.0025 per share dividend. LFWK estimates an equal number of short shares that will also receive the dividend. Ammerman stated, "So far, it looks like a matching dividend program from the short sellers. Every dollar the company issues, in dividend form will be matched by the short sellers. If the short sellers refuse to pay the dividend, their identity will be revealed in the 'payment in-lieu paperwork.'"
LFWK expects that the efficiencies introduced by Sulja Bros. Building Supplies' new role as exclusive supplier will pay for the dividend. Ammerman commented: "The savings from removing a middle-man supplier by using Sulja Brothers as the exclusive materials source directly and positively affects the LoftWerks bottom line. After the merger, this margin will still be realized by the company. Redirecting new profit to shareholder dividends is, in essence, another wash. The dividend plan serves but to increase 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 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 - 1:03 PM EST)
News by QuoteMedia
www.quotemedia.com
added a few more at .12...gonna look under the seats for extra change...
Dear Genius,
Please read again...you can place a bid anywhere you want and just because it hasn't gone below .086 today doesn't mean some fool won't give me some there later on.
got my bid in for more at .08...come to papa...
D*MN! not quick enough! couldn't add :(
Why worry about selling? at these prices I am buying more...This will be well over .5 by end of next week imo....
got some traders at .055 thank you...
added 98k at .08 and .078 today fwiw...back to lurk mode.
ABDE-getting volume again today...
abde .023 x .024 Arca on bid WEEEEEEE
ABDE- YES!!! Finally