have a look a the volume and the chart ! right now up 45%!
very low o/s! seems definitely on the right revenue track!
Hope I am not repeating this information - but there is no thread here for lfwk...
http://www.pinksheets.com/quote/finance.jsp?symbol=LFWK
https://www.otcstockinfo.com/repository/659027/659027_FR6.pdf
financials as of 6/8/05
current assets $4,523,306
current liabilities $1,071,471
total equity $3,451,835
Can Anybody to post chart ?
Something going on on this one
chart looks nice
Huge gap up coming.
look good
will it go up more ?
Two pieces of news today...first one during day, brought stock down some. Second news came after hours.
I guess after shorts cover (as was explained to me, still dont get it though :D)and possibly with the a/f news, this stock may continue its run up?
2006-03-13 13:03:21
LoftWerks, Inc. Contemplates Regular Dividends
NASHVILLE, TN -- (MARKET WIRE) -- 03/13/06 -- 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."
2006-03-13
22:00:18
LFWK and Sulja Brothers Building Supplies, Ltd. Announce Pre-Merger Financial Reports: Accelerated Timeline
NASHVILLE, TN -- (MARKET WIRE) -- 03/13/06 -- LoftWerks, Inc. (OTC: LFWK) today announced that its merger with Sulja Bros. Building Supplies, Ltd., the primary
distribution arm of Consultech Construction Management, Inc.'s Midwest
operations, has accelerated its proposed timeline. Merger completion is
expected to occur before March 24th, 2006.
Sulja Bros. will serve as the centralized and primary distributor of
materials for all future projects. They recently posted earnings of $26M+
for fiscal year 2005 netting $2.4M. They currently have assets totaling
more than $25M. This information will be available in detail as is
practical according to an LFWK spokesperson, who also relayed that the
financial reports' disclosure was forthcoming prior to finalizing the
merger at Consultech's request.
It is projected that once Sulja Bros. settles into its new role, revenues
should reach $200M annually within a twenty-four month period.
The full report of Sulja Bros.' financials will be posted at
www.suljabros.com by March 17th, 2006.
LFWK's Ammerman stated, "The merger is coming into place, and we remain
dedicated to increasing shareholder value through sound business
decisions." Shortly after the merger completion with Consultech's Sulja
Bros., LFWK will complete its merger with Consultech Construction
Management. Inc.'s Midwest office.
How nice is this article! To the moon, we have launch!
Wall Street PR, Inc.: Mergers Fueling Big Runs - Blitz Trader, because timing is everything
By M2
Last Update: 3/15/2006 10:36:34 AM
Data provided by
Clear Lake, TX, Mar 15, 2006 (M2 PRESSWIRE via COMTEX) -- Mergers and acquisitions come in all shapes and sizes. They are usually one of the most exciting moves a company may entertain, regardless of the business. Whether it involves one of the biggest names in the history of journalism, like the $ 6.5 billion Knight-Ridder Inc. (KRI) sale. Or a behemoth bank like Capital One Financial Corp. (COF) buying out North Fork Bancorp (NFB). It may even be a company which may be the most undervalued stock on any market, like LoftWerks (LFWK).
In some cases, the potential for some action is enough to keep all eyes glued to the events. For example, the Nasdaq Stock Exchange (NDAQ) and NYSE Group Inc. (NYX) interest in the London Stock Exchange has caught the attention of all investors, who'll be looking at the developments to help them understand the future implications for the respective markets.
LoftWerks is working on its pending merger with Consultech Construction Management, Inc. ("Consultech"), one of only seven designated "Master Builders" in North America and in Europe. In addition to the $10M property acquisition capital, arranged by Consultech, the merger includes Sulja Bros. Building Supplies. LTD, a Consultech subsidiary that does over $30M in revenues and has over $25M in assets. Sulja's assets justify a share price greater than LoftWerk's current price, under LoftWerk's currently published capital structure, not to mention the premium it deserves for its performance.
Furthermore, the companies believe Sulja will be doing $200M+ within 24 months and increase Sulja's assets to over $125M, which means assets divided by published outstanding shares would value shares at $0.625 and profitable companies trade at valuations much greater then just asset value.
LoftWerks has been in negotiations with a major lending source, which is considering an ongoing financing mechanism, up to $250M in capital, utilizing lines of credit and/or discounted funding arrangements of certain tax benefits which are awarded to businesses whose operations bring economic windfall to commercially-depressed areas, which fits LoftWerk's business model.
Capital One Financial Corp. broke open the piggybank and is going to purchase North Fork Bancorp, in a transaction valued at $14.6 billion in cash and stock. Capital One's offer is priced at a 23% premium to North Fork's closing share price on Friday.
McClatchy Newspapers' $ 6.5 billion bid was enough to win the Knight-Ridder auction. The $67.25 a share offer includes $2 billion in debt assumption.
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports. Always consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Blitz Trader undertakes no obligation to update such statements. Blitz Trader is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security.
Blitz Trader does not own shares of any of the companies named in this report. Blitz Trader has been paid 1,000 dollars for this report by WSTPR. Brian Heckathorne, Blitz Trader and WSTPR will not buy or sell any shares at the time this report is disseminated, or for a few days before or after this report is disseminated.
CONTACT: Brian Heckathorne e-mail:
[email protected] M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to
[email protected].
I hope it will go 0.10
Looking good here for a breakout. Currently at HOD .038
APPLAUD trademan07 :) :) :) Thanks for the heads up!
This stock looks ready to skyrocket!
Up 66% today and closed at .05 near the HOD of .06!
May GAP UP in the morning!
Press Release Source: LoftWerks, Inc.
LoftWerks/Sulja Announces Changes to Previous Press Release
Tuesday July 25, 11:50 am ET
WINDSOR, ON--(MARKET WIRE)--Jul 25, 2006 -- LoftWerks/Sulja (Other OTC:LFWK.PK - News) announced today that the company will not reverse split its shares. A company spokesperson commented: "The Company believes that the net earnings already booked will easily raise the share price to an acceptable level."
ADVERTISEMENT
CEO Steve Sulja stated: "After reviewing all the documentation and consulting with the Red Sea Group, we have come to the conclusion that there is no need to reverse our shares. Price appreciation of our shares should easily beat the NASDAQ requirements for up listing. Our net earnings will raise the eyebrows of many investors."
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 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.
Contact:
Source: LoftWerks, Inc.
Breakout already lalitha ;) .... looking good ;)
Currently up 20% ;)
Is this a perfect cup and handle breakout? Are you a buyer at this PPS?
This looks really nice...I had to pick some up in the pm, avg pps about .0635.
Broke out of a nice channel, and cleanly surpassed the last run's high...very nice.
glta
julia
Hot, hot, hot ;) :D
Strong close today, solidifying the upward trend imo. It sure has been a long road waiting for this day :) Definitely worth it.
IMO similar happenings are going on with DTGP, after a long quiet period, the company is turning on the lights and taking off the sheets to show what its been working on.
very strong action.
Up again less than 20%
Quote from: Terliso on July 27, 2006, 02:29:08 PM
Up again less than 20%
Heres a question for you guys and gals. Would you buy at 8 cents or sell at 8 cents. I own LFWK and have had it for some time now. My thoughts are that it still has a lot to go. I would like to know what ya'll think. I have no idea what the charts might be indicating so a little help there would nice....aft....
hi aftabaft,
My guess is since it tripled in 3 days, tomorrow will be profit taking. In any case this is still a penny stock and what goes up fast can - and usually does - come down fast. So I will sell at least half!
You can always buy more if it goes down or there are plenty of other stocks.
Good luck!
Lalitha
You might sell a portion of your holdings like 1/3 or even 1/2. That will give you quite a cushion should the stock break down quickly. This is a penny stock and even worse, a pinky, so your gains could be erased over a lunch break. If it goes higher, you still have some and if it goes lower you lock in some soild gains and have the opportunity to buy back in.
Looks to me like it went up on decreasing daily volume the past two days. If volume were on the rise, I would hold and perhaps sell into a spike. I would be very wary of a sharp correction with this volume action, especially since momentum went negative as today wore on.
JMVHO...
LFWK / SLJB
Hey!
I heard that this stock may move next week. Just put it on your watchlist.
DO NOT BUY IT YET!
They will have a new symbol : SLJB.
It may be a good run for next week. I'll be watching it before I jump on it.
Press Release: http://biz.yahoo.com/iw/060728/0148689.html
Peace.
Enjoy your week end.
I will have to agree with furrysound on DTGP. I bought some DTGP last week from rumors of FAA approval of their lab next week and just the fact after my DD this company has some great products and huge potential.....In my opinion pick some DTGP up now around .06 and in 2 months you will be sitting on a 200%-600% return. Mark this post and see if I am right.
Dude, What is your problem.
It's bad enough that you can't follow the rules about starting multiple threads but now you feel the need to start pumping on other threads.
You bagholders from DTGP are not helping your cause by this obvious pumping, hope your stock comes back so you can bailout without such a large loss and stop ruining this website.
Heres my update w/LFWK.....
I took some good advice and sold a basket full at around .085
I rebought at around .05
All of my shares now are unpaid for ( free ) plus I added a little cash.
I think most folks who are members here kindasorta know when to make a move like this but I'll tell you its nice having a little nudge.
Thanks for your input JKN and lalitha0...........aft..........
SLJB (used to be LFWK before merger) is looking good, but do your DD, don't take my opinion.
http://stockcharts.com/h-sc/ui?s=SLJB&p=DAILY&b=5&g=0&id=p
I believe SLJB is setting up for a good run, check the chart and decide for yourself :o
http://stockcharts.com/h-sc/ui?s=SLJB&p=D&b=5&g=0&id=p
i'm keeping an eye on this one, i could use a FHAL like run after a miserable year. what do you think of yesterdays movement? is that the end of its momentum or a normal temporary retracement?
bob
penny stocks are hard to guess and charts on pennies don't prove to be reliable. After the ER of earnings, is this stock does'nt pick up volume and price, then probrably a P&D. As always, IMHO.
Agreed but this at least is a real company with real revenues.
Anyone suggest a good low bid based on chart? 0.07 gap?
SLJB - Sulja Brothers Building Supplies, Ltd. - News:
--------------------------------------------------------------------------------
Projected 94 mil profits on 307 mil revenue.
But pps remains stuck at 10 cents. How can this be? Pinky with real revenue and profits. But pps response keeps me on the sideline wondering what's up?
Sulja Bros. Building Supplies, Ltd. (SLJB.PK) Releases Pro Forma for 2007
WINDSOR, ON, Aug 09, 2006 (MARKET WIRE via COMTEX) -- Sulja Bros. Building Supplies, Ltd. (PINKSHEETS: SLJB) The fiscal year pro forma is available at www.suljabros.com.
CEO Steve Sulja states, "Sulja Bros. had an excellent year and the Middle East projects are already affecting the bottom line. The pro forma estimated revenue is $307,007,451.50 and estimated net profits are $93,951,965.18. The pro forma for the current fiscal year is available for our shareholders to view. The pro forma numbers will grow as we obtain our market share of the Middle East construction boom."
SOURCE: Sulja Bros. Building Supplies, Ltd.
I think I've become a believer (or does that make me a pumper?)
If you want, check out site below and do you own DD. IHUB has lots of serious information on the recent changes to the company.
SLJB INVESTORS WEBSITE
http://www.urev.net/SLJB/Analysis.html
DISCLAIMER: I bought friday at 0.07 and am expecting good things based on recent events. Fingers crossed!
I bought this yesterday. Chart looking good. Someone that is not a trader heard about SLJB and told me he heard this stock is going to be $9 a share in the future because of contracts with Dubai. Well I don't know about that, but I like the chart/volume and I think it can go for that high of .15 fairly soon ;D
Sold this one at .145. SLJB still could go higher since it closed at the high of the day .15 with great volume. ;D
STRONG BUY!!!
Sulja Bros. Building Supplies Releases Financials
Monday July 31, 1:16 pm ET
WINDSOR, ON--(MARKET WIRE)--Jul 31, 2006 -- Sulja Brothers Building Supplies, Ltd. (Other OTC:SLJB.PK - News) announced today that the company is releasing financial information to its shareholders. Sulja Brothers Building Supplies earned $63,047,611.00 during the 12 months from June 1, 2005 to May 31, 2006. The company made $28,371,424.95 gross profit with a $26,023,991.63 in pre-tax profits. Net profits were $15,879,839.69. The monthly financials for 2005 and the pro forma for 2006 will shortly be available at www.suljabros.com.
CEO Steve Sulja stated: "We had a good year in the latter part of 2005, thanks to our expansions in the Middle East. A large portion of 2005 profits and revenues can be attributed to our Middle Eastern Operations. We are expecting greater net profit performance in 2006."
A Red Sea Group spokesperson commented: "Sulja Brothers had an excellent year with major growth expected in the coming years. Our initial assessment to determine eligibility for Sulja Brothers to meet the NASDAQ requirements was based upon the current net profit of Sulja Bros."
These financials are slated for release today after being confirmed by KPMG auditors. I gave you the HANS reccomend at $25, now I give this a STRONG BUY reccomend. Stay tuned!
Please use the 'Search' before opening new threads, there is already a thread on SLJB!
http://www.3stocksonfire.org/trading/index.php?topic=6392.0
(http://C:%5CDocuments%20and%20Settings%5CAdministrateur%5CMes%20documents%5CMes%20images%5CPEMO.jpg)
Changed Ticker Symbol.......
'LFWK.PK' is no longer valid. It has changed to SLJB.PK.
"SLJB.PK" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders. ;D
All history on a stock pick in 1 thread is awesome. ;)
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock. :( ::)
Thank You....and good luck with all your trades....make some $$$ ;)