WILLY'S LATEST ON NAKED SHORT SELLING VICTIM (ACCORDING TO WILLY AND THE COMPANY) PROFILE Pink Sheet: LFWK (NAKED SHORTS TO PAY FOR LFWK DIVIDEND):
-------------------------------------------------
Pink Sheet: LFWK
LFWK Hurricane Katrina Play!!! LoftWerks/Sulja Merger & More!!! Now Consultech in Middle East
There are pictures and graphs so if you don't see them click this link to profile willywizard.com
Friday's press release makes me wonder why LoftWerks is going worldwide with their projects? Don't misunderstand me this is very bullish but I thought LoftWerks was only merging with the reverse transaction with Consultech Construction Management, Inc.'s Midwest office and Sulja Bros.. All these press releases are telling a hidden story, in my opinion, much bigger then shareholders think. I believe higher prices are coming as news continues.
Friday's Press Release
Source: LoftWerks, Inc.
LoftWerks (LFWK) Announces New Projects in the Middle East Region
Friday April 21, 12:36 pm ET
WINDSOR, ON--(MARKET WIRE)--Apr 21, 2006 -- New LoftWerks (Other OTC:LFWK.PK - News) CEO Steve Sulja in Windsor, Ontario announces today that Consultech Construction Management Inc.'s Director General Petar Vucicevich has been in the Middle East for the past 4 days completing negotiations for the land and construction of a 280 room exclusive luxury hotel on the Al Reem Island, in Abu Dhabi, UAE.
Tracey Banumas, Director of Operations for CCMI stated that the cost of acquiring the land on Al Reem Island is $29M, cost of construction of the luxury hotel is estimated at $645M, both the land and financing for this project have been secured as of yesterday. The anticipated start date on the hotel construction will be mid 2007, and to be completed by mid 2009. Abu Dhabi, United Arab Emirates is one of the busiest and fastest growing areas in the world. Average hotel occupancy rates in Abu Dhabi are over 92%, and increasing steadily with the onset of businesses moving into the new hub of the Eurasian market.
Vucicevich states that expanding Consultech's business reach into the Middle Eastern market is gaining momentum, and further ventures and business opportunities are underway for this region.
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements maybe 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:
Contact:
Kore International Management Inc.
1-866-658-KORE
Source: LoftWerks, Inc
All LoftWerks Press Releases finance.yahoo.com
Profile
We are all familiar with the damage done in the Gulf Coast area especially in Mississippi and Louisiana areas when hurricane Katrina rolled through the area last year. We are not the only ones aware so are many building, constructions companies and so is LoftWerks/Sulja. Opportunities present themselves to companies that are fast to establish themselves to assist in rebuilding cities/areas such as Gulf ports Biloxi and New Orleans.
About "The Gulf Coast: Road To Renewal"
More than seven months after Hurricane Katrina struck New Orleans and the Gulf Coast, the region is hardly back to normal. Fewer than half of New Orleans residents have returned since the storm, and 9.9% of Mississippi residents remain unemployed -- more than double the national average. But there are some hopeful signs. Rebuilding plans are starting to take shape, and Federal funds are beginning to flow to affected areas.
So what is the status of rebuilding efforts? As individuals struggle to piece their lives back together, are they getting the help that they need? And how will the Gulf Coast that emerges from the damage compare with the one that existed before Katrina? Source Nightly Business Report
LoftWerks/Sulja / Consultech Construction Management, Inc.'s Midwest office
After merging with Sulja Bros. Building Supplies, Ltd., LFWK will finalize the full reverse transaction with Consultech Construction Management, Inc.'s Midwest office. Source press release, 03/13/06.
The merged companies LoftWerks, Inc and Sulja Brothers Building Materials, Ltd along with the parent company of Sulja Bro. Consultech Construction Management, Inc., have plans to make their presence known in the MidWest andGulf Coast Regions. Once LoftWerks/Sulja merge LFWK will finalize the reverse transaction with Consultech Construction Management, Inc.'s Midwest office is complete the combined companies will have a large presence in the Gulf CoastSource press release, 03/13/06.
Recent press releases indicate the presence LoftWerks/Sulja has planned for the Gulf Coast regions that we ravaged by Hurricane Katrina. Also LoftWerks/Sulja is focusing on the Midwestern region of the United States. LoftWerks/Sulja is building two state of the art lumber distribution centers one in Detroit and an identical facility in Louisiana, just outside of the New Orleans metropolitan area. Petar Vucicevich, Director-General of Consultech Construction Management, Inc., the parent company of both LoftWerks and Sulja Brothers, identified the end of June 2006 as the projected completion date for the Detroit facility. "Sulja Brothers should realize revenues in excess of $22 Million by the end of its fiscal year with the addition of this completed facility," he said. "We expect similar revenue generation when the Louisiana facility comes on-line." Source 04/11/06 press release.
LoftWerks/Sulja New CEO Steve Sulji
Spokesmen for both of these companies confirm that revenues have increased by a minimum of 150% during Mr. Sulja's tenure in these positions.
Who better for the merger combination of LoftWerks/Sulja to name as CEO to head up these expanding operations then the dynamic Steve Sulji, 38, who has held the position of Director of Sales and Marketing for both Consultech Construction Management, Inc., a position he has held for five years at Sulja Brothers Building Materials, Ltd., where he has been for the last ten years. The dynamic Mr. Sulji was excited in his response about capturing these additional markets commenting, "I am ready to hit the ground running in the implementation of some new ideas concerning expansion and the capturing of additional market share, and I am grateful that the Board of Directors has shown its confidence in my leadership." Source 04/11/06 press release. This young dynamic CEO is just what shareholders need as LoftWerks/Sulja enter into the Detroit and the Gulf Coast markets that were ravaged by Hurricane Katrina.
Toronto, Ontario & Hurricane Katrina Loft Projects
Readers if you dont understand what Loft apartments are do a Google search for the area you live in then read what has been taking place throughout the United States metropolitan areas for the last 15 years. Loft apartments are rented and sold for major money. For many years in the Portland, Oregon area older historical buildings have been converted to loft style living. Many inter-city workers like the downtown atmosphere and living close to work and inexpensive transportation such as bus and trolley. These lofts are not cheap renting for $1,000 plus per month and are sold for hundreds of thousands portlandlofts.com . Rental and sale costs are closely related no matter where lofts are built this should especially be true in the New Orleans and Ontario areas. The historical buildings located in these areas can be converted supplying housing for many.
Katrina loft projects have a sexy appeal to investors. As an investor this allows me an avenue to participate in an investment vehicle that I would have never dreamed possible. I can imagine the amount of Loft conversions in this historical building rich gulf coast area that exists for LoftWerks/Sulja as they establish their presence.. Add the outlying areas and Mississippi regions to the loft projects this is a HUGE REVENUE stream for the merged LoftWerks/Sulja Bros. combination. LoftWerks/Sulja second project will commence in the Gulfport/Biloxi region of Mississippi, and will focus on new construction in areas hard hit by Hurricane Katrina. A spokesperson for Consultech Construction Management, which will be over-seeing the project, stated that input from local experts would be sought to determine areas of greatest need for housing and commercial construction. Source press release, 04/12/06. Louisiana New Orleans area itself could keep a loft project company busy for many years. The possibilities are huge for the company and to participate as an investor is also huge for nice percentage returns on our investment money.
Source Pictures loftwerks.com For Detroit Lofts
Jamison Lofts - Milwaukee Junction - Near New Center
Description: 12 Industrial Loft Spaces with Rooftop Access and Garages
14ft Ceiling Heights with elevated spaces in many units
Upgrade Options Available, Large 9ft Windows, W/D hook-ups,
Size: 1212 - 1962 SF
Price: $212,000 to $305,000
Association Dues: TBA
Landsberg Lofts - Milwaukee Junction - Near New Center
Description: 8 distinct Loft Style Units with lots of exposed brick
Single Level and Bi-Level Sapces
Individual Garage Spaces
Custom Kitchens with Jenn-Air Appliance packages
W/D Hook-ups
Hardwood floors throughout, open floorplan design with customizing available
Size: 1062 - 2700 SF
Price: $172 - $370 SF
Robotic-enhanced Truss Manufacturing Facilities
LoftWerks/Sulja announced their plans to build and operate two automated, robotic-enhanced truss manufacturing facilities in the markets of Kitchner, Toronto, Ontario Canada and in the Gulf Dale/Biloxi Mississippi area (both announced previously as target niche markets by a company spokesman).
LoftWerks/Sulja will have an enormous cash cow once these two facilities are finished. These operations will primarily supply the revitalization efforts in Toronto and the commercial facilities rebuilding campaign in post-Katrina Mississippi. The facilities basically automate and exact the process of framing and skinned-wall fabrication off-site for an assembly process that is less demanding in terms of committed resources at any given project location. Sulja Bros. currently generates approximately $4-6M annually from an identical process in Windsor, Ontario. The adjunct of the new facilities is expected to increase these niche-specific revenues by three hundred (300) percent within 24-36 months Source Press Release, 04/13/06. These sites dont need fine tuning because Sulja has a running facility so constructing and operating two more projects should be completed with ease.
LoftWerks Share Structure & Short Seller Captured Capital
As insiders buy shares of LFWK they state they control more shares then the actual float. They have actually made their own phrase to define what they have done its called "Short Seller Captured Capital".
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." Source Press Release 03/13/06.
-- 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.
Also, LFWK disclosed its share distribution; a request by Consultech aimed at providing shareholders as complete a disclosure as possible prior to finalizing the LFWK vehicle takeover. The shareholder ownership as described is as follows:
-- 500,000,000 authorized
-- 100,000,000 control block held by Ammerman
-- 200,000,000 in Treasury earmarked for Consultech ownership during and after takeover
-- 50,000,000 in certificate form, owned by enumerated insiders and NOT TRADING.
-- An additional 78,000,000 owned in various certificate and electronic
form that is also held by LFWK insiders and accounted for as not currently trading.
-- Leaving approximately 72,000,000 free-trading shares in the public
float (50M of which can be accounted for by LFWK management as issued to non-insiders).
Additional Information: 60 Million of the free trading float can be accounted for by LFWK management as issued to non-insiders. Insiders held more than 22 Million shares of the free trading float, leaving the public float as a negative number to date.
A spokesperson for Consultech Construction Management concurred with this tabulation and stated that it was an accurate and reasonable reflection of LFWK current share structure. Source Press Release, 03/10/06.
Dividends
Add in dividends mentioned in the 03/13/06 press release and anyone or any market maker short LFWK has trouble coming for them. "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."
Summary
LFWK is definitely a Hurricane Katrina Play & More and is more then just an ordinary merger between LoftWerks/Sulja. When the reverse transaction with Consultech Construction Management, Inc.'s Midwest office is finalized LFWK will be a huge company on a fast pace to increase revenue. It will no longer be LFWK as we know it now. As LoftWerks moves forward building two state of the art lumber distribution centers one in Detroit and an identical facility in Louisiana just outside of the New Orleans metropolitan area the entire Midwest and Gulf Coast Regions will assist revenue growth.
With two automated, robotic-enhanced truss manufacturing facilities in the markets of Kitchner, Toronto, Ontario in Canada and in the Gulf Dale/Biloxi Mississippi area along with strategically built state of the art distribution centers to supply LoftWerks needs for announced start-up projects within ravaged Hurricane Katrina States only adds to their projects bottom line while assisting in rebuilding the areas hard hit by Hurricane Katrina. We cant overlook what will take place in the Ontario area and the surrounding region.
Lofts for sale and lofts for rent are the future in all major cities. Historical buildings all through the Midwest and Southern United States are about to be transformed into Urban Housing. The Gulf Coast region ravaged by Hurricane Katrina need lofts/housing and they need it now not later. Many are displaced throughout the Untied States and want to return but housing is not available and the facilities to construct these houses and lofts are no longer available. Lofts/housing will bring in HUGE Revenue for LFWK. The revenue will only grow as the company signs more construction contracts in these major cities.
Readers it's all about revenue and increased share price. As news continues to flow and price rises the short sellers will be in trouble. I am sure the company has a plan and will implement with 100% success.
I am sure I missed a few significant points but everything is inside LFWK press releases and on both web sites for LFWK and Silja Bros. suljabros.com & loftwerks.com
Press Release Link finance.yahoo.com
Stock Chart Link stockcharts.com
Thursday's Chart
Here is a reading of Thursdays chart
My Opinion
Last week LFWK had news throughout the week.. I am expecting more news next week. I am expecting LFWK to have more then one press release next week. LFWK could announce more projects starting up like they did last week.. They have the LFWK/Sulja Bros merger to announce completed. Also after the LFWK/Sulja merger they could announce the finalized full reverse transaction with Consultech Construction Management, Inc.'s Midwest office. It would be better if they did one merger complete announcement next week then the full reverse transaction with Consultech Construction Management, Inc.'s Midwest office the next week. If they chose to do weekly intervals announcing projects in other areas or just completed talks with officials in the Hurricane Katrina Gulf Coast regions is good news. The actual beginning of the projects in Canada and the United States is big news. News is coming in my opinion and a lot of it!!!
Friday's press release makes me wonder why LoftWerks is going worldwide with their projects? I thought LoftWerks was only merging with the reverse transaction with Consultech Construction Management, Inc.'s Midwest office. Now I am starting to think this might be bigger then we thought. I guess time will tell.
All week long the bulls battled the bears. Each day with no merger news the bears took the share price down slowly then Thursday we witnessed a Both candlesticks have small real bodies (black or white), long upper shadows and small or nonexistent lower shadows. These candlesticks mark potential trend reversals, but require confirmation before action. The candlestick once again was right on the money moving into Friday we had a clear candlestick indicating buying pressure "Long white candlesticks indicate that the Bulls controlled the ball (trading) for most of the game." I am very positive as I right this technical overview. Next week could get very interesting for longs.
Bottom line I see the bulls in control and more news coming next week. I did notice the MACD selling volume is about to turn positive. As selling volume dries up higher prices driven by buying, positive MACD volume is sure to come. In addition remember Short Seller Captured Capital? I love this term for insiders deciding to buy more shares than are legally available. I hope readers understand what will happen if the company announces cash dividends. SHORT COVERING!!!=Higher Share Price.
LFWK looks like a HUGE WINNER in the making for readers. Yes I capitalized "HUGE"!!! If you're not on board jump on soon and enjoy the ride!!
Certain statements contained herein constitute "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbors created thereby. While the Company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward looking information contained herein. Further, the Company assumes no obligation to update or otherwise publicly revise the forward-looking information disclosed herein to reflect circumstances existing after the date hereof. In addition everything written by Hal Engel are just opinions and speculative futuristic opinions.
Thank you,
Hal Engel aka WillyWizard
Readers Caution: This writer/owner is not a licensed investment advisor or analyst nor does he give out buy or sell advice to anyone. No analysis has been made by this writer about the financial condition of any business contained within this site or other factors about the Companies which may appear in the reviews or articles contained herein. The information contained herein is based upon sources I consider reliable but is not guaranteed. Any sales and or earnings forecasts included herein were obtained by and/or from audited financials and/or news releases and unless otherwise stated are not endorsed by the writer. The writer, therefore, makes no guarantee as to the reliability of such information. The reviews or articles are not a solicitation to purchase or hold or dispose of stock securities of a Company reviewed. Readers should consult with their attorney or own independent tax, business and licensed financial advisors with respect to any investment opportunity, including any contemplated investment in the Company(s) that are written about. All information concerning a Company herein and contained in a review or article or any part of this web site should be verified independently by an attorney, with such company and an independent licensed securities analyst. Investments in small cap companies are generally deemed to be highly speculative and do involve substantial risk, making it appropriate for readers to consult with professional investment advisors and to make independent investigations before acting on information published by WillyWizard.com. Investment in small cap companies or pink sheet companies could prove to be high-risk investments with the result of loss of part or total principal investment.
WillyWizard.com is an information web site that provides company profiles from time to time. WillyWizard.com is not affiliated with any broker or dealer and is not a registered investment adviser. The information contained in this publication is for informational purposes only and is neither an offer to sell nor a solicitation of any offer to buy securities. Investment in small cap companies is considered extremely speculative and may result in the loss of some or all of any investment made in these companies. WillyWizard.com is not in any way responsible for any profits or losses resulting from acting upon this publication. Investors should use the information contained in this publication as a starting point for conducting additional research on the featured company in order to allow the investor to form his or her own opinion regarding the featured company. Investors should not rely solely on the information contained in this publication. LFWK: The web site owner will be purchasing LFWK shares out of the market and trading LFWK shares. At this time the owner has 580,190 shares of LFWK he purchased out of the market. This is not a paid profile. You are disclaimed that Hal Engel/owner will be trading LFWK shares sometimes daily, multiple times per day, sometimes weekly. This is in compliance with SEC Rules and Regulations 17b The writer/owner will be trading in and out of all common shares held and does reserve the right to increase or decrease his ownership interest in the securities owned at any time without announcing sells or buys. This writer/owner does reserve the right to trade in and out of securities he holds, sometimes daily and sometimes multiple times per day. Therefore the actual listed share amounts held could be less then listed within this profile disclaimer.
WillyWizard.com does not accept any liability for the accuracy of the facts presented in this publication. Factual statements contained in this publication are made as of the date stated and are subject to change without notice. Readers of this publication are cautioned not to place undue reliance on forward-looking statements, which are based on certain assumptions and expectations, that may or may not actually occur, and involve various risks and uncertainties, that could cause results to differ materially from those set forth in the forward-looking statements. This Writer Warns ALL Who Buy Any Stock That They Risk Losing All Their Money. This Warning is very important and you should realize any decisions to purchase anything I hold in my portfolio, review or profile on this site or any newsletter is the buyers sole decision and not solicited by the writer. Nobody, including myself, are immune to losses.
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS Except for historical information contained herein, the statements on this web site, e-mails and newsletter reviews are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the companies operations. You can identify these statements by the fact that they do not relate strictly to historical or current facts. They use words such as ``anticipate,'' ``estimate,'' ``expect,'' ``project,'' ``intend,'' ``plan,'' ``believe,'' and other words and terms of similar meaning in connection with any discussion of future operating or financial performance.
The above disclaimer is posted in order to be in compliance with the Securities Act of 1933 Section 17(b) which states the following:
It shall be unlawful for any person, by the use of any means or instruments of transportation or communication in interstate commerce or by the use of the mails, to publish, give publicity to, or circulate any notice, circular, advertisement, newspaper, article, letter, investment service, or communication which, though not purporting to offer a security for sale, describes such security for a consideration received or to be received, directly or indirectly, from an issuer, underwriter, or dealer, without fully disclosing the receipt, whether past or prospective, of such consideration and the amount thereof.
If you no longer wish to receive electronic emails from willywizard.com please email willywizardclub@lycos.com and put unsubscribe in your heading or respond by mail to:
Unsubscribe WillyWizard.com P.O. Box 873474 Vancouver, Wa. 98687-3474
An unsubscribe link by email service provider, by email and by address are provided in all emails to meet all anti-spam regulations as of February 1st, 2004.
--------------------------------------------------------------------------------
Click here to change or remove your subscription
Powered by Microsoft Small Business |
