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Re: laurap post# 3957

Wednesday, 01/13/2010 4:54:06 PM

Wednesday, January 13, 2010 4:54:06 PM

Post# of 4003
laurap, added you to this board. Doing a simple google search on: "enclaves" hfaholdings

you come across a lot of interesting information. Certainly at one time these companies could have been the same company or the way to help finance HFA. Especially since they share the same DNB information and Enclaves is listed as the owner of HFAHoldings.com

http://dnb.powerprofiles.com/profile/174279005/ENCLAVES+GROUP,+INC.-CARROLLTON-TX

By all means, Enclaves did maintain a substantial amount of property, which may be here or there...and may be worth something. Someone should research it.

According to the SEC form filed by Enclaves Homes For America was a developer helping Enclaves... HOWEVER, Enclaves owned the website for Homes for America? Doesn't make sense. Someone could easily make the case (or misunderstanding) that Enclaves and HFA are one and the same.

See: http://sec.edgar-online.com/enclaves-group-inc/10ksb-annual-report-small-business-issuers/2006/05/19/section2.aspx

There are currently 816,000 shares of Series A Convertible Preferred Stock
issued and outstanding, all of which is held by Homes For America Holdings, Inc.
Homes For America Holdings, Inc. has consented to the delivery of one percent (1
%) of the preferred stock to Knightsbridge Holdings, LLC, a financial services
provider who assisted in initiating our financing with Cornell Capital Partners,
LP and to dilution by up to twenty percent (20 %) for issuance of preferred
stock to our directors and executive officers. In addition we have issued a
Preferred Stock Warrant to Cornell Capital Partners, LP entitling it to acquire
at par value 184,000 shares of Series A Convertible Preferred Stock.

AS A RESULT OF THE SERIES A CONVERTIBLE PREFERRED STOCK, THE HOLDERS OF
OUR COMMON STOCK ARE SUBJECT AT ANY TIME, AND ALMOST CERTAINLY BY THE SECOND
ANNIVERSARY OF THE AFOREMENTIONED REGISTRATION STATEMENT BECOMING EFFECTIVE, TO
DILUTION OF SEVENTY FIVE PERCENT (75%) OF THE STOCK THEN HELD WITHOUT US
RECEIVING ADDITIONAL CONSIDERATION IN CONNECTION WITH THE DILUTION.


...Any way... a lot of confusion, however (as always) any news to confirm this or show the company is a viable entity...and I realistically "feel" this could go to $.02 almost instantly. And, therein lies the risk. The company hasn't put out news, BUT if they did...everyone would make a killing.

For me, personally, its worth owning a million + shares in the 'what if' scenario.

My DD consists of flipping a coin. Don't follow my advice. But, feel free to add me as a favorite!

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