posted
I did tell them, in writing and by phone. But I'm only 1 caller interupting the warehouse. Maybe in time it will make it there when they apply for the OB
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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Right on Sell on Fluff news but if this is THE NEWS then I'll be holding tight!!! Becasue you don't want to fall off something when it's moving at mock 3.. you'd just get hurt!
I'm a Mach 3 User also!!! On that same note... The Mach 3 Shave Gel is not a scam just to get you to buy the "matching gel" to go with the razor, it really it a great combo... easier on the face! Ima
-------------------- learnin as I go.
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posted
the mach 3 shave gel sucks...it leaves a nasty sticky film on your face. i dont know about you, but i really dont like nasty sticky things on my face.
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion*
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"Most auditor's reports consist of three paragraphs. The first states the responsibilities of the auditor and directors. The second is the scope, stating that GAAP was used. Finally, the third paragraph gives the auditor's opinion."
Is this what we should expect to see?
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion*
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posted
...and 50 million shares being 10% of the total outstanding shares, therefore being the threashold to getting the status of insider of the company.
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But if you look at the pps just previous to the runs, you'll see that in Feb., it ran from a support level of about .0025 and peaked at .048, a 1900% gain. Then, at the end of july, it ran from support of .02 all the way to .15, a 750% gain. Like I said previously, both these were prior to the Wessal buying announcement, which as far as I can tell, will be HUGE. Add to that, the fact that they are said to be requesting the stock in cert. form, to increase the short position, the apparent fear shown by the MM's in the positioning of the level 2's today, and I think we'll easily surpass any prior runs percentage wise. So, now we were sitting at a support level of about .07, and even with an extremely conservative estimate of equal to the 750% gain in the last run, we're looking at a pps of about .525 IMO, we'll be way above that.
-------------------- Disclaimer: Not accountable for anything I say
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quote:Originally posted by Wit: This is a little sneaky if you ask me. There could have been a mention of this and there wasn't. Sure they pr only the good things, and what they want us to hear, but, I wanna hear about this.......
quote:Originally posted by Wit: This is a little sneaky if you ask me. There could have been a mention of this and there wasn't. Sure they pr only the good things, and what they want us to hear, but, I wanna hear about this.......
quote:Originally posted by skip: Good find wit, interesting...
According to a credible poster, the 50million was a mistake by the T/A and the 50million was requested to be in certs.
Isn't that the Nevada Secretary of State's webpage that shows all recent filings by the company with the state of Nevada? As in, the company would have to file that for it to be there, right? If I am off base, let me know, just trying to figure out why the TA would screw this up after hours? The increase in shares appears to have been filed by SLJB with the state of Nevada...? And, they PR everything, wouldn't they want us to know if someone was buying $50mil shares to become an insider? That's a good thing, right?
And I went back and read that repost from "skinluvr" and he may be credible, but go back and read that and look at it as if you had no money invested, seems fishy to me. You even said yourself, "dilution city" and questioned it as well...it's written in a strange tone...I guess we will see tomorrow if the Nevada web page is updated with an amendment back to 800mil A/S...
Understand I have no problem with SLJB, almost bought back in at EOD today, but I do hate to see those kind of unfounded pump tactics, like "I talked to so and so..."He laughed again and said, blah blah" just confuses people...
All that said, an increase in the A/S doesn't necessarily mean anything for the PPS right now...
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quote:Originally posted by skip: Good find wit, interesting...
According to a credible poster, the 50million was a mistake by the T/A and the 50million was requested to be in certs.
Isn't that the Nevada Secretary of State's webpage that shows all recent filings by the company with the state of Nevada? As in, the company would have to file that for it to be there, right? If I am off base, let me know, just trying to figure out what the TA has to do with this? The increase in shares appears to have been filed by SLJB with the state of Nevada...?
And I went back and read that repost from "skinluvr" and he may be credible, but go back and read that and look at it as if you had no money invested, seems fishy to me. You even said yourself, "dilution city" and questioned it as well...it's written in a strange tone...I guess we will see tomorrow if the Nevada web page is updated with an amendment back to 800mil A/S...
Understand I have problem with SLJB, almost bought back in at EOD today, but I do hate to see those kind of unfounded pump tactics, like "I talked to so and so..."He laughed again and said, blah blah" just confuses people...
All that said, an increase in the A/S doesn't necessarily mean anything for the PPS right now...
Why didn't you buy in EOD? Do you not believe that audited financials will come out next week, and if so why?
-------------------- Disclaimer: Not accountable for anything I say
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posted
In all honesty, I have too many irons in the fire right now, and it's getting close to the end of the week, so I didn't buy. Had nothing to do with any doubts I have. Plus, there still may be a buying opp tomorrow at some point. I hope for all invested that the audited financials come out next week, and are all that everyone hopes.
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posted
23 days ago, August 22, the share structure was
CEO Steve Sulja stated: "The current outstanding shares are 500 million. There are 362 million shares held by insiders. Of the 362 million insider shares, 162 million are restricted. There are 138 million shares in the public float. The number of inside owners, of 10% of common class shares, decreased after the reverse merger. The increase of outstanding shares from 200 million to 500 million excluded holders of 20 to 50 million shares from insider status. Basically, three insiders with 40 million shares from the open market did not meet the 10% of class rule; therefore, they are no longer considered insiders."
If there is a new insider (Wessal with 50 million shares), and supposing the former insiders did not sell (I am sure that they are smarter than that knowing what we can only guess until Tuesday), there is now 362 + 50 = 412 million shares owned by insiders (a maximum of 8 persons or entities). Remain only 78 million for the share. We know as well from this PR that 23 days ago, there were 3 additional persons with 40 million shares each. Therefore, one or several of those 3 have sold significantly, otherwise, the naked short effect is huge and won't pass the uplisting. The fact that this new insider is asking to get certification is excellent as it forces the MMs to honor a great chunk of those Failures To Deliver (FTD), on top of officially granting him the title of new insider.
Holding your own shares in certificate form is the only way that you can be fully assured that you hold "real" shares of stock and not counterfeit shares that may have been created due to naked short selling. It does not prevent from holding or selling.
If most of us do this now, within the end of the month (it might take a few weeks depending on the bank) the pps will explose like a wild volcano.
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posted
If Wessal buys the 75 million shares remaining to take control of 25% of the company as announced in Sulja PR, and still supposing that the current insiders remain long until NASDAQ uplisting, the float would shrink from those 78 million to just 28 million.
Imagine that many of us ask certification for their shares now! The MMs would need to beg to those 8 (or less) insiders to buy below 5 dollars... This would greatly accelerate the NASDAQ pre-requisite of 4 dollars...
posted
To better understand what is going to happen at the end of the month, relax and take an hour of your time to listen to this brilliant explanation:
Posted by: Waverider110 In reply to: None Date:9/15/2006 12:50:54 AM Post #73459 of 73483
Answers to SLJB DD Questions:
Posted by: stockprofit2023 In reply to: None Date:9/12/2006 4:12:25 PM Post #of 70308
~~ It has been spelled out---------> ~~
~ We are clearly not a start-up company, but we are careful about protecting our money invested in a joint venture. The company financial audits will be completed in a couple of weeks. Then a Form 10 will get our company to the OTCBB. Clearly, this is not our final goal. We will seek a NASDAQ listing. The company is making enough net profits to easily justify the NASDAQ move. Our long term investors know we are worth more and within a year, we will give them one of the greatest short term returns in the stock market."
~ "The current outstanding shares are 500 million. There are 362 million shares held by insiders. Of the 362 million insider shares, 162 million are restricted. There are 138 million shares in the public float. The number of inside owners, of 10% of common class shares, decreased after the reverse merger. The increase of outstanding shares from 200 million to 500 million excluded holders of 20 to 50 million shares from insider status.
~ The State of Nevada has received the assets. The balance sheet has been sent to our auditor and we expect to have the audited financials completed in mid-September. We are pleased to update our shareholders of the asset and audit progress. KPMG and Price Waterhouse Coopers will complete the audit and the assets are contained in the upcoming audited financials.
~ A Red Sea spokesperson commented: "The joint venture includes the supply of lumber and other building materials for 3 new developments in Dubai and Abu Dhabi. Sulja Brothers is expediting supply chains to meet the immediate groundbreaking."
Sulja Brothers' growth rate in the Middle East is astounding. This joint venture with Emaar Properties opens up possibilities for more projects in the near future and increases our market share in the Middle East."
~ Sulja Brothers Building Supplies, Ltd. is meeting with Consultech Construction Management and Emaar Properties, in Germany, to finalize a major construction and supply agreement.
A Wessal International Group spokesperson commented: "The deal with Emaar Properties will generate $124 million in revenue over the next 12 months for Sulja Brothers."
~ Wessal International has arranged for private financing of USD 25 million, of investment capital, for Sulja Bros. Building Supplies, Ltd.
A Wessal International spokesperson commented, "We have acquired private financing to secure the vast supplies and materials needed in the rapidly growing operations in the Middle Eastern market. This will necessitate and alleviate the capital required for such an extensive demand for building materials. The capital attained will ensure that Sulja Bros. will not use company shares to raise capital in the near or distant future, and will continue to not only maintain the upward climb towards a high price per share, but to also steadily rise towards a higher market exchange."
"Sulja Bros. initial business reach into the Middle Eastern market is attracting new investors. Wessal International's President, Ahmed Khalil Al-Muslmani, is buying 25% of the company. No more shares are being issued by Sulja Bros; therefore, Mr. Al-Muslmani has to buy in the open market. By law, this press release is the disclosure of Wessal International's offer and buying can commence in the open market immediately.
SLJB announced today that the company is releasing financial information to its shareholders. Sulja Brothers Building Supplies earned $63,047,611.00 during the 12 months from June 1, 2005 to May 31, 2006. The company made $28,371,424.95 gross profit with a $26,023,991.63 in pre-tax profits. Net profits were $15,879,839.69.
"Sulja Bros. had an excellent year and the Middle East projects are already affecting the bottom line. The pro forma estimated revenue is $307,007,451.50 and estimated net profits are $93,951,965.18. The pro forma for the current fiscal year is available for our shareholders to view.** The pro forma numbers will grow as we obtain our market share of the Middle East construction boom." **
We have decided to remove the middle man in our supply chain. The acquisition of the lumber mill will decrease our finished lumber product costs by over 30%. The decrease in finished product price will make us more competitive in the North American bid process and will increase our market share of projects.** More details will be released after the closing papers are completed. **
"We are currently receiving numerous requests for cement in the Dubai region and we are aggressively working to meet our client's needs." Moreover, CEO Steve Sulja stated, "We conservatively expect the sale of the cement in Dubai to reach 180 million dollars over the next twelve months.** Furthermore we are negotiating a continuous and competitive supplier of structural steel.**
http://www.marqueeasset.com/ sljbir*marqueeasset.com Telephone Contact Numbers New York, NY 917-338-6080 Ft. Lauderdale, FL 954-636-5041 Fax:954-636-3289 Valencia, SPAIN 011-34-963140481
WESSAL INTERNATIONAL(private company OIL/CONSTRUCTION/TRADING) Wessal International Group Sare Street Al Slamhe Jeddah Saudi Arbia (valued around 800mm)
The SLJB/Consultech project is on Al Reem Island. You can view a video related to development on that island by going to: http://www.sorouh.com/27/ and choosing the "Shams Abu Dhabi" video image (aka "The Stepford Community Promotional Video").
SLJB >>>Project to GENERATE 30mm Euros. Construction on the site will begin in August 2006 completion date is projected in about 8 months. http://biz.yahoo.com/iw/060517/0129924.html ________________________________________________________________________________ ________
Sulja Bros. Building Supplies, Ltd. Seeks Listing on the Dubai International Financial Exchange
United Arab Emirates Financial Market Links... http://www.adsm.co.ae (Abu Dhabi Securities Market) http://www.dfm.co.ae (Dubai Financial Market) http://www.dgcx.ae (Dubai Gold and Commodities Exchange) http://www.difx.ae (Dubai International Financial Exchange) http://www.sca.ae/english/ (Securities and Commodities Authority United Arab Emirates) ________________________________________________________________________________ ________
Sulja Bros. Merger Leads to Lumber Supply Agreement With Liberian Government....Generate 50mm in next 12months http://biz.yahoo.com/iw/060419/0123911.html ________________________________________________________________________________ ________
Sulja Bros. Announces Two Manufacturing Facilities Truss and Wall-Panel Robotics Facilities Will Increase Niche Production 300% Over Current Segment in Canada
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. http://biz.yahoo.com/iw/060413/0123045.html
This project involves the development and construction of a state of the art lumber distribution center in the Detroit area.Sulja Brothers is also planning a second, identical facility in Louisiana, just outside of the New Orleans metropolitan area.
Projected at $44M/LOCATIONS to generate 22mm ea. in One Year http://biz.yahoo.com/iw/060411/0122599.html ________________________________________________________________________________ ________
SULJA BROS.Announces New Hope for Mississippi Hurricane Victims The 300 units will range in price from $ 80,000 to $ 185,000. The cost of construction is estimated to be $ 29 M. Net profit margin is estimated to exceed 28% sales. http://biz.yahoo.com/iw/060317/0113672.html ________________________________________________________________________________ ________
SLJB-UNITED ARAB EMIRATES EXPANSION Sulja Bros. Building Supplies have 3 new locations being constructed inwere obtained in Abu Dhabi, Dubai in the United Arab Emirates and in Bahrain. ________________________________________________________________________________ _______
SLJB NEXT REVERSE MERGER CANDIDATE CONSULTECH CONSTRUCTION MID-WEST DIV. (estimated 150-200mm revs)
Shortly after the merger with Consultech's Sulja Bros. Building Supplies, Ltd., Loftwerks will complete the merger with Consultech Construction Management, Inc.'s Midwest office. That office is currently in negotiations with Federal, State, and Local officials to procure storm relief work outside Biloxi, Mississippi more details will be released at a later date. http://biz.yahoo.com/iw/060307/0112383.html
Our simply philosophy of excellence has made Consultech a very unique company. At Consultech, we exceed standard codes and specifications required, thus insuring the safety and overall satisfaction of our valued clientele. We are proud of our team and their sucesses,recruiting only the most talented and qualified individuals who truely believe in our vision. Over the years we have gained a favourable reputation in the industry, including winning the "MASTER BUILDER AWARD".
quote:Originally posted by mo-rydr: baraka, or anyone else who might know, when the MM's are forced to cover their shorts, what does that mean to us, the regular invester?
quote:Originally posted by skip: Good find wit, interesting...
According to a credible poster, the 50million was a mistake by the T/A and the 50million was requested to be in certs.
Isn't that the Nevada Secretary of State's webpage that shows all recent filings by the company with the state of Nevada? As in, the company would have to file that for it to be there, right? If I am off base, let me know, just trying to figure out why the TA would screw this up after hours? The increase in shares appears to have been filed by SLJB with the state of Nevada...? And, they PR everything, wouldn't they want us to know if someone was buying $50mil shares to become an insider? That's a good thing, right?
And I went back and read that repost from "skinluvr" and he may be credible, but go back and read that and look at it as if you had no money invested, seems fishy to me. You even said yourself, "dilution city" and questioned it as well...it's written in a strange tone...I guess we will see tomorrow if the Nevada web page is updated with an amendment back to 800mil A/S...
Understand I have no problem with SLJB, almost bought back in at EOD today, but I do hate to see those kind of unfounded pump tactics, like "I talked to so and so..."He laughed again and said, blah blah" just confuses people...
All that said, an increase in the A/S doesn't necessarily mean anything for the PPS right now...
Those were my thoughts exactly Skip when I read that. 'Filed by the company'.
And yes, you are correct they have so far pr'ed everything that is positive and that they've wanted us to know, which again, is why I questioned this matter being left out. Maybe they will tell us about it today,...if so, I would like to see the proof to support whatever it is we are told.
As for the TA making a mistake like that one,...well, there is the very small chance they did, but I am not convinced as of yet. That's a big mistake, making it seem as though 50 mill was added. As for skin's post, I don't know this individual although he is deemed reliable here, but who's to say he was not given truthful and accurate information. Hopefully, we will end the speculation today with some response from them.
posted
just wanted to drop in , and say hello to everyone, I will be in school today, but i plan on coming home and seeing us in the teens today...I believe the Wessel Buying has officall started...per some DD on ihub, some ppl were concerned abt the 50 mm increase in the A/S..but it was not an increase, but it was a err by the T/A because someone requested 50 mm shares in Cert form....hmmm.i believe the train has start to rev up, and this is the last time you hear "All Aboard" before this gets to moving way to fast, and thousands of investors are tring to play catch up....once again, INVEST YOUR MONEY WISLEY....dont go by what I nor anyone else says...but I have done my own DD and my feeling abt this stock has always been that this is a "GREAT" company, and a even better stock to own....once again all In my own Opinion...have fun ladies and gentleman..we are abt to be on a Great Ride.!!! GLTA & God Bless....!
-------------------- Dont take my advice, due your own DD
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