Commonwealth American Financial Group to Apply for Contracts Above $25,000.ST. PETERSBURG, Fla. -- Commonwealth American Financial Group, Inc. (Pink Sheets:CWMF) announces that it has submitted through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. Hawkesbury River Hawkesbury River River, New South Wales, Australia. Rising in the Great Dividing Range, it flows 293 mi (472 km) northeast to the Tasman Sea north of Sydney. Known as the Wollondilly in its upper course and as the Warragamba after receiving the Nattai River, it becomes the Funding of Texas, Inc. an application to view and receive contract documents for all Federal Business opportunities above $25,000 in value. Hawkesbury River Funding of Texas, Inc. has been established to coordinate efforts to bid and administer contract documents to various subcontractors and perform joint ventures with existing firms located in the Hurricane affected areas in Louisiana and Texas. Hawkesbury River Funding, has received a FEMA FEMA, n.pr See Federal Emergency Management Agency. approval contractor number from DHS-FEMA. Joint venture offers have been received and are being negotiated from architects, demolition contractors, and environmental health firms who also need partners to work in the rebuilding of the region. While the mission of Commonwealth American Financial Group, Inc. is to invest in land development projects either as developer, joint venture partner, or lender and create mezzanine financing Mezzanine Financing A hybrid of debt and equity financing. Mezzanine financing is typically used to finance the expansion of existing companies, and it is basically debt capital that gives the lender the rights to convert to an ownership or equity interest in the company if the opportunities, the opportunities that are presenting themselves are such that companies like Architects, engineering companies, and debris removal companies need partners to fund their work which will be paid by either FEMA or private insurance carriers. Damian Guthrie, 'President' said: "We anticipate that in the coming week's contracts surrounding the re-building effort will become more transparent to corporations like ours wishing to bid in an open market for the reconstruction work that is necessary in those areas." The company will also grow by acquiring subsidiaries in related fields such as construction, real estate brokerage-appraisal-management, in Florida, Texas and Louisiana. The Company has established a website http://www.cwmf.net and trades under the symbol (Pink Sheets:CWMF). FORWARD LOOKING STATEMENTS: This information includes forward-looking statements made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to mange mange (mānj), contagious skin disease of domestic and wild animals. The several types of mange, including follicular and sarcoptic mange, are caused by various minute parasitic mites that burrow into skin, hair follicles, or sweat glands. growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel as related to the industry. The Company is not obligated ob·li·gate tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates 1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force. 2. To cause to be grateful or indebted; oblige. to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this issue. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion