sorry I could not respond to the PM directly, since I dont have permission to send personal messages. looks like mods have disabled that facility for me ..
I shall paste part of my reply here. Other "part" cant paste ..
SLJB, I am in it. I have been in it for a while. I bought more today after selling some last week at 0.15 and got back in today at 0.09. I thought we would close around 0.09, but looks like we closed around 0.081. I am glad you took some profits too. charts are gaining strength. and L2's are behaving better now than they were when it was trading around 0.025. IMO, some "big groups" are unloading their shares, profit taking to be precise.. else it moves up or down very fast if you remember how it used to trade earlier. this dilution might actually be good for a stock, since once financials are audited, undoubtedly share price is expected to be around 0.2-0.35 range. short term dilution, if not done by company, is not a big deal, since market typically absorbs shares if the company truly demonstrates potetial. IMO, the company has issued very sincere PR's, about LFWK especially merger and other things. people seem to forget that it was just 2 weeks back that the stock was trading around 0.025-0.03 range. i shall watch it more closely tomorrow to see direction of movement of big blocks, so i could verifyably say more about naked dilution if any. look for green close tomorrow hopefully.
-------------------- All my posts are based on my own opinions and not to be taken as buy/sell recommendations. Posts: 961 | Registered: May 2006
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quote:Originally posted by glassman: evrybody playing nice?
almost ..
-------------------- All my posts are based on my own opinions and not to be taken as buy/sell recommendations. Posts: 961 | Registered: May 2006
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posted
Glassman, everyone is playing nice except me.
weekendwarrior asks about dilutive shares,
weekendwarrior, I will go back and look at Loftwerk, if information is still available, to discover what I can about share structure.
Information on SLJB itself, is next to none.
Again, here are common sources of dilutive shares,
Officers of the former company hold millions of shares which have changed over to the new ticker just like public trader shares. Very common for old company officers to be replaced, no longer officers, and they begin dumping their shares, which are always profitable, so they can walk away from the company; all ties are broken. This would be the Loftwerk people, all or some.
A good example is NDOL. There is a man, Amyot, who holds forty-million shares if I remember right (number might be off) and he dates back three or four empty shells, before finally ending up a very large share holder of NDOL. Many believe he is largely responsible for the dilution of NDOL stock.
There is a need to look at any lending taken on by Loftwerk before the merger. Those loans do not vanish. Many loans are convertable to common shares which is not good. A lender might be converting and dumping to "close out" a loan, much like former officers want to terminate any connections to the new company.
Another source of dilutive shares are "insiders" who are not officers but hold ten percent or more of the common stock. These might be consultants, old shell officers, private placement lenders or one of many other "types" of insiders. One or more of these insiders might be dumping.
A serious challenge is presented because readers most move back through time to find all these connected people. Having to go back five years, ten years, through filings is not uncommon. Our Amyot of NDOL up there, I think he dates back, my memory is not perfect, dates back seven to ten years which is well before NDOL even became a concept much less a company.
Readers can look, can research and develop a good idea where these dilutive shares originate. This affords a notion of when dilution might end, when those oddball shares will run out.
You know someone hired a company to "fax blast" which indicates someone or an investor group out there holds millions and millions of shares.
We can "sorta" pin down these loose shares but it is highly unlikely we can detail out the actual share structure; impossible to find all those share holders out there.
As to SLJB, none know what is its share structure nor how many shares have been dealt out to various peoples, lenders, officers, whomever. With this being a brand new ticker, there is a grace period for filings of beneficial ownership, this is, who owns what and how many shares.
This presents a greater challenge. We might be able to account for every single share of Loftwerk, but we cannot account for existing SLJB shares because there are no filings which disclose this data.
Final analysis is we are "fairly certain" dilution is taking place but we cannot identify where those dilutive shares originate.
posted
awesome info purl...definantly appreciate it...now what do u think a PR with some meaty info abt the recent $25mil fin backing and also info abt the share structure of the company...? im still tring to fig out how they plan on getting the pps up to the NASDAQ uplisting req...we got a long way to go..! thanks in advance.
-------------------- Dont take my advice, due your own DD Posts: 711 | From: Oklahoma | Registered: Apr 2006
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Best action this company can take is to immediately begin filing with the SEC.
Seasoned traders, the real money, will want to read SEC filings before dropping any money into this company.
Greatest negative factor is none know much about this company. This creates doubts and mistrust. Toss in dilution and you have a mix which will cause share prices to continue falling.
I will refer back to NDOL. A similar pattern is developing. NDOL turned out to be a scam. SLJB, none know. We have no choice but to wait to discover if this is a scam or not.
A positive difference between SLJB and NDOL is SLJB is not making really wild claims as did NDOL.
Written before, readers and traders are at the mercy of the company. Only the company can inform the public and we still must decide, based on released information, if the company can be trusted.
Early financials look really good but we do not know what else is going on.
posted
I know, I know, all I write still leaves readers in a pickle; what to decide?
Right now, today, this week, maybe this month, best decision might actually be a flip of a coin.
Odds are fifty-fifty on this one.
Readers can greatly reduce their risks, in fact, reduce their risks to zero by simply not buying then waiting for more information.
Deal is this. You can buy now and risk losing a lot of your money. Alternative is to wait and buy later after a trustworthy up trend develops. Yes, prices will go up before you buy meaning you will not profit as much.
Which is better? Loss of money or smaller profits?
-------------------- All my posts are based on my own opinions and not to be taken as buy/sell recommendations. Posts: 961 | Registered: May 2006
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posted
Hey Purl, in the financials did you notice how the sells to UAE have been increasing very rapidly over the past year? I'm very confident that the companies audited financials will be almost identical, to those posted on their website. Thanks for your info above. Goodnight
posted
"I'm very confident that the companies audited financials will be almost identical, to those posted on their website."
I agree. I do not agree because I trust this company, I agree because the company is now committed to supporting those unaudited numbers released through news. Should audited reports not match up with the news reports, this will be a major mistake by the company.
This company has little choice but to be sure their unaudited and audited match up, closely.
An audited report should contain a lot more details which will disclose money flow, loans, and such. If there is something "hinky" a reputable auditor will note this.
posted
"...informative answers and not just specualtion...."
This is what Allstocks is all about. Here we work at informative discussions based upon factual information, good thinking and most of all, truth.
Historically, Allstocks earns the most profits for readers, least those who pay attention to the old timers here. Clearly, we old timers are not always right, but we are right more than wrong. I would guess our success rate at making profits, about eighty percent.
Readers must remember, none of us, which includes you, the reader, are always right. We make mistakes on a regular basis.
Through intelligent discussion by all, we reduce the odds of being wrong. Each person who joins in discussion, is as valuable as anyone. Newbie or old timer, all are very valuable contributors.
Sometimes we have problems here when scamsters or simply hateful people show up. Allstocks is currently taking very aggressive actions against those who deliberately cause problems. We work at keeping this an open and honest board.
We also work at having a lot of fun! By our occasionally tossing in a bit of off topic humor, wit, wisdom, maybe some pictures, whatever, we add a personal touch, a friendly touch to Allstocks; work hard, play hard.
Trading stocks is highly stressful. This stress really takes a toll on all of us. It is very important to keep a discussion board not only informative but enjoyable as well.
A little smile, a bit of laughter, really helps relieve this stress we suffer through worry, and keeps me from becoming cranky which you certainly do not want to happen.
posted
awesome once again...and ive only been trading since feb. and im up quite a bit of money, and have learned a lot of stuff, and i owe most of it to allstocks.com...so im very apprecaitve to the ppl who are on here to truly help ppl...my goal was to make 35k from feb to dec 06, and if this stock does what it has the potential to do, then im going to possible triple my original goal...which would be awesome..and i have a true gut feeling abt this stock..and i know alot of ppl dont like to use "emotions" when investing, but the maket is ran on emotions..so once again thanks, and maybe by next year my new goal will be 100k...GLTA..!!!
-------------------- Dont take my advice, due your own DD Posts: 711 | From: Oklahoma | Registered: Apr 2006
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posted
Purl, do you watch this through out the day? Look at the way the MM's screw with the price. You honestly don't think any manipulation is taking place. Never seen anything like it. Very frustrating!!! -Cassity
posted
Market Makers are not manipulating prices. Volume is much too brisk for Market Makers, sitting at their desks, to keep up with trading. This is almost pure electronic trading. There is always some Market Maker manipulation, but this is not the driving force for current prices.
My opinion now rests on the borderline between heavy dilution and pump & dump scam. Share value has dropped an average fifty percent over seven trading days. Should this one hit a nickel a share, most certainly a scam being pulled off by the company.
This is a good example of why I urged readers to not buy, to wait, to observe. Avoiding loss of money is significantly more important than is making profits.
quote:Originally posted by glassman: just don't forget to tell everybody when to pounce PG.....
Glass..almost sounds like you are liking this one... something is going on with this stock...not sure if it is MM manipulation, profit taking, shorting or dilution...
We may never know...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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posted
Ok. Time to pounce is at .065 to .07 per share.
Ha! Ha! This is one of those stocks traders cannot really determine a good pounce time. Concern here is dilution is absolutely taking place. Question remaining is this more than dilution and simply another pink sheet scam.
None can determine this because virtually nothing is known about this company.
Buying at .065 to .07 per "seems" safe but I am not very confident. This one could easily move down to .02 to .03 per by Friday, maybe next week. This one could head upward as well. Heck share prices could be .10 per by Friday.
Most significant problem is a majority of those playing this stock are ignorant traders who have not a single clue. Yeah, reads insulting but mine is the truth. Visit other highly popular boards, simply read article topics, not the articles. Moderately intelligent readers will quickly realize, "Those people are ignorant gits."
What happens when a majority of players are ignorant gits? Who knows? I sure do not. You cannot predict behavior of stupid people.
Go over to I-Hub. Look at article topic titles three weeks back, two weeks back. What is the consensus? "TO DAAAAA MOOOOON!"
About all you read a week or two back is how this one will skyrocket and what you do not read is any intelligent discussion, not one single article which is reasonable and logical, save for those few articles of mine which were deleted for being truthful.
Well, bound to be two or three intelligent articles but those are hard to find.
No warnings about what could happen, though.
A participant here, I think yesterday, posted a brief article at I-Hub suggesting dilution. Not a single response. His article was never even noticed all were so busy pumping, cheering, patting each other on the head.
If that ain't stupidity, I am not the monkey's uncle, I am the monkey's mother!
Those are stupid people and mine is not an insult. Mine is a statement of known fact.
People say I have a big fat butt. I do have a big fat butt. I am not insulted by those people. They are stating an observable truth.
I say those people are stupid and they are stupid. That is not an insult. That is the truth.
posted
Should I continue on being bluntly honest about these topics of ignorance versus stupidity versus criminal scams, nothing but trouble will come about. Some topics we simply cannot discuss because people are fearful of truth.
TCLL is moving up, IESV is moving up, NWD is presenting a possible buying dip, ALMI, maybe a buying dip about to take place, AHMD is wanting to move up but not a good stock, SUWN is presenting a possible buying dip, LYJN is dipping, maybe a speculation buy for the next pump, NDOL might be forming a very brief upward run.
There are other stocks out there. SLJB should not become the focus of your money nor your mind.
posted
Perhaps a final comment on this stupidity issue, you know I cannot keep my mouth shut.
With the I-Hub boys having been belly punched and the wind knocked out of them, some are beginning to engage in reasonably smart talks. Some are beginning to ask, "What happened?"
Lots of money is being lost, potentially lost, certainly lost if prices do not move back up.
Here at Allstocks, readers are being cautioned, readers are being afforded protection. Readers make the choice to pay attention or not.
posted
it was a calm quiet place at A/S last week.. and people were going on with their regular trading .. hope it returns that way again! I hope mods have started noticing the "pattern" again!
-------------------- All my posts are based on my own opinions and not to be taken as buy/sell recommendations. Posts: 961 | Registered: May 2006
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posted
WHAT A BARGAIN HERE IM IN AT .07 WATCH THIS HIT .079 IN THEXT HOUR AND I WILL MAKE A COOL 400 BUCKS
Posts: 657 | From: brooklyn | Registered: Jun 2006
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posted
Dilution pattern confirmed.. who is diluting? market or company?
-------------------- All my posts are based on my own opinions and not to be taken as buy/sell recommendations. Posts: 961 | Registered: May 2006
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posted
"they have alot of pretty pictures over there"
I politely suggested they remove half of those pictures. I explained those pictures look cheap, look cheesy, take up too much space.
That "asus" jerk gave me a "member mark" whatever that is, after deleting a lot of my articles with my not providing pure deceitful pump articles.
How stupid of those people to hold a discussion board in such importance. This is like they believe a discussion board is so important as to be the only thing which matters in life. Jeessh... as if I am really afraid of a member mark or banishment.
posted
stock is going all the way back... to da mooooon
-------------------- All my posts are based on my own opinions and not to be taken as buy/sell recommendations. Posts: 961 | Registered: May 2006
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-------------------- All my posts are based on my own opinions and not to be taken as buy/sell recommendations. Posts: 961 | Registered: May 2006
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Rate Member posted August 08, 2006 01:02 PM -------------------------------------------------------------------------------- N E W S Aug 08, 2006 WINDSOR, ON MARKET WIRE A Sulja Brothers Building Supplies (PINKSHEETS: SLJB) company spokesperson announced today that Wessal International is purchasing 25% of Sulja Brothers in the open market. Wessal International is the parent company of Red Sea Group. Red Sea Group was recently selected to strengthen Investor Relations in the Middle East.
CEO Steve Sulja stated: "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. We are very excited over the interest our company has received in the Middle East. Mr. Al-Muslmani has been watching our growth in large projects and stated his offer at the project closings in Germany. We warmly welcome Wessal International to the family of Sulja Bros. shareholders."
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual result may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
SOURCE: Sulja Bros. Building Supplies Ltd.
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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SLJB -- Sulja Bros Building Supplies Ltd. Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Sulja Bros. Building Supplies Ltd. -- Wessal International Is Purchasing 25% of Sulja Brothers
WINDSOR, ON, Aug 08, 2006 (MARKET WIRE via COMTEX) -- A Sulja Brothers Building Supplies (PINKSHEETS: SLJB) company spokesperson announced today that Wessal International is purchasing 25% of Sulja Brothers in the open market. Wessal International is the parent company of Red Sea Group. Red Sea Group was recently selected to strengthen Investor Relations in the Middle East. CEO Steve Sulja stated: "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. We are very excited over the interest our company has received in the Middle East. Mr. Al-Muslmani has been watching our growth in large projects and stated his offer at the project closings in Germany. We warmly welcome Wessal International to the family of Sulja Bros. shareholders."
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual result may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
SOURCE: Sulja Bros. Building Supplies Ltd.
Copyright 2006 Market Wire, All rights reserved.
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