[LFWK]: Save this post from Mr. Paul Davis

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Mr. Paul Davis posts the reasons why he is invested in LFWK. Lets see what happens to this Company in the next 6 months.

http://www.siliconinvestor.com/readmsg.aspx?msgid=22271176


To: Harold S. who wrote (1337)
3/17/2006 5:13:55 PM
From: rrufff
Read Replies (1) of 1351

Hi Harold - LFWK - is an unusual play - As with any pinkie penny, you have to take on faith that the company isn't lying. They claim that there are 500 million authorized, of which 200 million treasury stock is reserved for coming merger, that's been detailed in the past several PR's.

Any of these penny stocks, including EFCR, LFWK, etc., as I often post, can be lying and scamming and this should be solely gambling money.

If they are NOT lying, there is no legal float left.

The reasons I'm in it are as follows:

1) They've put all this in writing. Even though not filing, putting in writing has significant ramifications.

2) Possible huge MM (or short) buy in at much higher prices

3) Possible cash dividend of .01/year/share.

4) Merger that will detail assets and profitable revenues that will justify a much higher price.

5) Asset based financing to grow the business with minimal dilution.

THIS IS WHAT THEY HAVE PUT IN WRITING with respect to the share structure. See other PR's re the other stuff referred to above.

Here's the summary as of 3/10/05 and they claim that they have bought on the open market at least another 5 million.

-- 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.



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