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Strategies & Market Trends : LFWK - Loftwerks Inc.

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From: jmhollen4/18/2006 3:47:42 PM
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Sulja Bros. Set to Inherit LFWK Vehicle: CEO in Windsor Vows Broader Exchanges for New Company

NASHVILLE, TN, Apr 18, 2006 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. (OTC: LFWK) today announced that its new ownership, Sulja Bros. Specialized Building Materials, Ltd., will immediately set a course toward a broader exchange board such as the OTCBB or even NASDAQ. Newly Appointed CEO, Steven Sulja, in Windsor, Ontario stated earlier today that "the LFWK trading vehicle is just that...a 'vehicle' to move us into a broader more substantial audience."


This announcement comes on the heels of the resignation of Dennis Ammerman, former CEO of LoftWerks, Inc. Ammerman will stay with the new company in his capacity as "the most ardent voice for Urban Revitalization in this country," said Sulja.

Consultech Construction Management's (The Parent Company of the new entity) Director General, Petar Vucicevich has vowed to add to the LFWK list of ongoing projects by seeking out definite growth opportunities in the Southern U.S. The LFWK/Sulja Bros. merger is expected to finalize by week's end. LFWK will announce further details as is practical.

SOURCE: LoftWerks, Inc.

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