500% mit diesem Pennystock - gerade ausgebrochen
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WKN - A0B7YA
Aktien: 129,769,021 davon Restricted: 85,663,476
Der CEO hält: 30,450,007 / FreeFloat: 44,105,545
Marktkapitalisierung: 3,6 mio. Dollar
Prestige Procurement Asia Agrees to Purchase SiteWorks Stock From the Market and Manage Marketing and Investor Relations in Asian Markets
Wednesday August 10, 9:00 am ET
MIAMI, Aug. 10, 2005 (PRIMEZONE) -- SiteWorks Building and Development Co. (OTC BB:SWKJ.OB - News), announced today that the company has the agreed to appoint Prestige Procurement and Networking Services (Prestige) as its representative in Asia. As a result of the discussion held a week prior to the signing of the service agreement yesterday enabling Prestige to operate on behalf of SWKJ throughout Asia, shareholders will be entitled to join the Prestige Asia Card program and the Investor Relations program by visiting http://www.prestigeasia.com.
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SWKJ CEO Mike Nurse notes, ''We have found that real estate and construction projects, especially large projects where a high degree of professionalism is required, are under increasing pressure to maintain Western standards of quality. Asia's rapid growth and the drive for Western-style standards has great significance to us as an entity. Consequently, we will be directing our efforts to the Chinese markets also, particularly southern China. This will represent a significant opportunity for the company, since budget and timeline management are still major concerns for the increasing number of foreign real estate investors in Asia. SiteWorks can supply the management and technology to deliver major projects on time and with quality.''
Prestige has further demonstrated its commitment to SiteWorks by agreeing to purchase all outstanding shares in the float. Prestige has already bought 8,500,000 shares on the open market. Their primary goal is to continue buying shares on the open market until they capture as many shares as possible remaining within the float. Their secondary goal will be to then convert their position into certificate form to remove them out of ''street name'' as shares held by CEDE&CO to not allow them to be borrowed against for shorting.
Prestige is expected to manage SWKJ expansion in Asia via its strong networks throughout the region through http://www.prestigetycoon.com. Sutida Suwunnavid, the President of Prestige, adds, ''The next step will be scheduling a meeting to discuss the work scope and present SWKJ to the predetermined local projects within the next several months.''
Kornchaya Manchanda, Market Analysis, comments, ''The way we see it is that the creativity combined with SWKJ efficiency can also lead SWKJ to act as a developer in government projects and major companies in this region and it is our job to take them there.''
This release includes forward-looking statements and projections, made in reliance on the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The company has made every reasonable effort to ensure that the information and assumptions on which these statements and projections are based are current, reasonable, and complete. However, a variety of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this release, including, without limitation, the ability to implement and achieve our objectives in the long-range plan; interest rate increases; a downturn in the construction industry; actions by the credit rating agencies; the successful close of our financing transactions; our ability to divest of certain assets; changes in commodity prices for building materials, and labor cost; inability to realize anticipated synergies and cost savings associated with restructurings and divestitures on a timely basis; changes in reserves estimates based upon internal and third party reserve analyses; general economic and weather conditions in geographic regions or markets served by SiteWorks Inc. and/or its affiliates, or where operations of the company and its affiliates are located; the uncertainties associated with governmental regulation; the uncertainties associated with the outcome of governmental investigations; the outcome of future litigation including shareholder derivative and class actions; political and currency risks associated with domestic and international operations of the company and its affiliates especially due to the instability in the Caribbean and South America and economic conditions in UK; difficulty in integration of the operations of previously acquired companies, competition, and other factors described in the company's (and its affiliates') Securities and Exchange Commission filings. While the company makes these statements and projections in good faith, neither the company nor its management can guarantee that anticipated future results will be achieved. Reference must be made to those filings for additional important factors that may affect actual results. The company assumes no obligation to publicly update or revise any forward-looking statements made herein or any other forward-looking statements made by the company, whether as a result of new information, future events, or otherwise.
Contact:
SiteWorks Building and Development Co.
Lisa Konrath
(305) 573-9339
Lisak@mysiteworks.net
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Source: SiteWorks Building & Development Co
Monday August 15, 9:00 am ET
MIAMI--(BUSINESS WIRE)--Aug. 15, 2005--SiteWorks, Inc. (OTCBB:SWKJ - News) Management of SiteWorks Building and Development Company, a real estate development company, announced today that the company has secured contracts and contract commitments totaling $600,000 for its Major Alterations and Additions Division.
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SiteWorks CEO C. Michael Nurse commented, " The Company is well on its way to meeting its goal of $2,000,000 in contracts for this division by the end of this fiscal year. These new contract commitments, the Chiefland project, and other projects under consideration, when realized should help the company meet its strategic objectives over the next several quarters."
The Company is currently submitting tenders for contract work in excess of 5,000,000 for an Asian project, in addition to several local projects in South Florida.
About SiteWorks
SiteWorks, Inc. is a Florida company engaged in the business of total site and built environment solutions. The company's core business is the construction of semi custom housing developments condo conversions, and middle-income multifamily buildings. SiteWorks, Inc. also performs construction management and general construction services. Other services provided include the marketing and distribution of innovative construction-related and other technology products.
This press release contains " forward-looking" statements as that term is defined by Section 27A of the Securities Act of 1933, as amended (the " Securities Act" ), and Section 21E of the Securities Exchange Act of 1934, as amended (the " Exchange Act" ). All statements that are included in this press release other than statements of historical fact are " forward-looking" statements. Although SiteWorks believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that such expectations will materialize. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward-looking statements contained in this press release.
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Contact:
SiteWorks
GFS@gfsinvestmentsonline.com
or
Lisa Konrath, 305-573-9339
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Source: SiteWorks
Die nächste NEWS könnte den Kurs über 0,10$ katapultieren.
Another of Prestige Asias Imports to bangkok
(PRWEB) August 28, 2005 -- Siteworks Building and Development Co., (SWKJ) another of Prestige Asias Imports to bangkok seems to already be in discussion with a local construction company.
Prestige Asia has already brought to Asia several USA and European based companies, but in the last few months it seems to have really turned up the heat with 2 listed USA companies not only taking on its services but using Prestige to negotiate a successful Asian entry.
Rumour is Prestige, on behalf of SWKJ, has approached Double Nine Trillion (99 Trillion) to acquire both its operation and management. The prospect company is expected to return solid margins based on existing business and SWKJs expertise in the first year of operation.
“I would like SWKJ to acquire our take over target for many reasons crucial to the growth in the region. The details, however I am not at liberty to discuss the details of our negotiations, I can say, we are doing our best for SWKJ here in Thailand”, said Sutida Suwunnavid, the President of Prestige
Posted by: ChartFreak
In reply to: None Date: 9/6/2005 10:02:05 PM
Post #of 54
I agree,...
All the major exchanges (S&P 400, 500 and 600, DJIA, Nasdaq) bounced off their lows about two weeks ago at higher levels, and today (Sept 6) they clearly confirmed the next uptrend. The turn-around is partially seasonal, since alot of cash was on the sidelines while people took vacations the last two weeks of August. Now, it's back to business as usual and money will flow where there is positive development. And Siteworks is expected to have some considerable development going forward.
It can be frustrating to wait. Been through this many times before. It's these doldrums that test whether you are a swing trader or not. If you can't wait, I'd suggest sell, and let someone with stronger hands take over; no offense. Technically speaking, this stock is one of the best OTC stocks out there right now, but watch carefully when it first undergoes a little pop; there will be impatient sellers dying to get rid of their stock for a 60%-100% profit (.05-.06 area). Then, a week later, maybe two or three, they will kick themselves for selling too early. This one appears ready to undergo an actual rally, not just a quick intraday spike.
The Pluses: SWKJ has a legit business plan. There are many places in the world right now either undergoing massive development with huge influxes of money, or they need development very badly and are about to undergo a development stage. The population of the world, despite attrition through wars, disaster, etc. continues upward at exponential rates. Anyone who is talented and strategic in accruing work in construction will do well. Most companies like this are on higher exchanges, but I think if Siteworks continues to develop its business plan, they will literally explode. The closing of the loan on the Chiefland Walmart was a great sign, ie: passing the test with financial lenders, since it means that a financial analyst signed off on their financial history and trusts that they will get their money back with interest. Likely more of this will come (first loan is always the hardest).
And finally, but most importantly,... the oustanding shares. The small float is getting eaten up everyday. There was 130 million O/S on August 17th. 87 mill of those are restricted, leaving 43 million. I know of a group of traders led by a financial advisor (who I have been in contact with) who own 26 million, and there's another small group of individuals (message board members) who own about 10 million between them. That leaves about 7 million shares 'free-floating'. Now, 20 million shares have traded since August 17th; that includes some shares going back to the MM's, and trader-trader exchange. However, it is not long before there simply cannot be more shares being put on the market by the MM's, since, in my opinion, they have all been bought up by now. Certainly it cannot be too long before, through simple supply-and-demand dynamics, the stock starts a legitamate upward trend / rally.
Hopefully it acts like MBAH (another old-school stock) did last year. It meandered all summer, then the day after labor day started it's rally; take a look at the chart and you'll see what I mean. It went from .017 to .40, but it took until mid-November to do it. That's about 55 trading days over a 2.5 month period and a 2200% profit. And that was based on a motorcycle insurance and subscription plan. I think SWKJ is more legit than that was.
When news starts to pepper the market here and there about SWKJ, it will likely continue to send this one higher and higher over time.
Short-term Patience = $$$
By: georgie8100
07 Sep 2005, 04:21 AM EDT Msg. 473 of 473
Jump to msg. #
With katrina devastating ohelp rebuild this area! lok for news later on thisweek for many projects coming up!!!!
meldung:
das wertpapier ist zum handel nicht zugelassen?
warum das?
in der ganz normalen suche findet er es, nur nicht im tradingbereich....
der Wert explodiert. Eine NEWS wird die Exlosion beschleunigen.
By: barry70518
07 Sep 2005, 02:57 PM EDT Msg. 478 of 480
Since the share float structure is so tight, it may go much higher than .50 with the right news.
Die Amis erwarten sogar Kurse von über 0,50$ !!!
diese bekloppten sind bei mir unten durch....
die spinnen die amis....
Bei SWKJ erwartet und ähnliches. Davon gehe ich als nicht Ami auch aus. Die Fakten
deuten auf einen solchen Kuranstieg hin.