teno4212
05-11-2006, 09:27 PM
Hey guys, this could be the next big % gainer. I'm not the best at picking these out, but it's a pinksheet company that keeps putting out news. Any input on whether this is good or not? I bought in at .0001 because I had the cash and figured it wasn't about to go to 0 soon with news coming out and have been buying property. This is being talked about on some other boards, and you guys usually have some good input and insight into these things so.. anybody?
Commonwealth American Financial Group/James Monroe Capital Closes Northland Acquisition
May 11, 2006 18:00:01 (ET)
CHICAGO, May 11, 2006 (BUSINESS WIRE) -- Commonwealth American Financial Group, Inc./James Monroe Capital (Pink Sheets:CWFG) today announced that they have successfully finalized negotiations to acquire Northland Home Solutions, LLC.
Northland's inventory of high-end homes will be added to James Monroe's assets. The homes will be completed and sold for income. Northland president, Nathan Hansen, commented, "There's a lot of money to be made there, but I've already taken another job offer. I just don't have the time for Northland."
Chris McGovern, President of James Monroe, said, "The acquisition of Northland Home Solutions gives James Monroe some nice equity. We would like to qualify to be listed on the NASDAQ Capital Market within 14 months. So far, we're on track."
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
I might try and just dump at .0002 and take my 100% (though if it sits there it probably won't even sell), or should I wait.
Commonwealth American Financial Group/James Monroe Capital Closes Northland Acquisition
May 11, 2006 18:00:01 (ET)
CHICAGO, May 11, 2006 (BUSINESS WIRE) -- Commonwealth American Financial Group, Inc./James Monroe Capital (Pink Sheets:CWFG) today announced that they have successfully finalized negotiations to acquire Northland Home Solutions, LLC.
Northland's inventory of high-end homes will be added to James Monroe's assets. The homes will be completed and sold for income. Northland president, Nathan Hansen, commented, "There's a lot of money to be made there, but I've already taken another job offer. I just don't have the time for Northland."
Chris McGovern, President of James Monroe, said, "The acquisition of Northland Home Solutions gives James Monroe some nice equity. We would like to qualify to be listed on the NASDAQ Capital Market within 14 months. So far, we're on track."
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
I might try and just dump at .0002 and take my 100% (though if it sits there it probably won't even sell), or should I wait.