posted
Here is some news for ya IMAKE: SHARE STRUCTURE!
SLJB -- Sulja Bros Building Supplies Ltd. Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Sulja Bros. Building Supplies Releases Share Structure
WINDSOR, ON, Aug 22, 2006 (MARKET WIRE via COMTEX) -- Sulja Brothers Building Supplies, Ltd. (PINKSHEETS: SLJB) announced today that the company is releasing the current share structure to the investing public. Sulja Bros. currently has 800 million shares authorized with 500 million shares outstanding. All share counts have been rounded to the nearest million. 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."
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.
posted
WINDSOR, ON, Aug 22, 2006 (MARKET WIRE via COMTEX) -- Sulja Brothers Building Supplies, Ltd. (PINKSHEETS: SLJB) announced today that the company is releasing the current share structure to the investing public. Sulja Bros. currently has 800 million shares authorized with 500 million shares outstanding. All share counts have been rounded to the nearest million.
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."
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.
-------------------- Dont take my advice, due your own DD
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posted
Well I look at the float and it is pretty low. If you think about how many shares are held by people just on Allstocks and IHUB we probably own most of the float. Now imagine Wessal buying 25%! Oh the possibilities. JMO
posted
Side note, CSHD is at .73 and SLJB is at .075. If CSHD's $23 dollars comes to pass, how sweet would that be. Well the 2 companies are at the same price , except for a decimal point. a hoped for price in SlJB is around $2 something. Pretty much a sweet oppertunity on both ends! I'm in both and both seem quite legit. even if one falls through (witch I think both will work out) I'll still be doing great!!! Pardon me I'm gonna go put my shades on cause my futures getting brighter!
-------------------- learnin as I go.
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quote:Originally posted by IMAKEMONEY: So whats everyones take, good, bad , dont care??
-362 million shares held by insiders. -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
=THEY OWN 482 MILLION OF SHARES free float is 18 milions, unless these former insiders didnt start to sell them recently, which i really doubt since they have to know more about future of this company then we. Great i own 2 milions of free float shares :-)
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posted
lol...u got me...by a minute...haha...and my take is, unlike what ppl have been saying it re-inerates that fact that they have not been diluting shares
-------------------- Dont take my advice, due your own DD
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quote:Originally posted by imapoorcollegestudent: Side note, CSHD is at .73 and SLJB is at .075. If CSHD's $23 dollars comes to pass, how sweet would that be. Well the 2 companies are at the same price , except for a decimal point.
perfect for fat fingers, BE CAREFUL PEOPLE
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posted
Looks like 18 million float to me. Unless they mean that three former insiders combined have 40 million shares? That would make it 98 million float. I doubt that however, since those former insiders would probably not have been considered insiders if they only had a portion of 40 million in the first place.
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posted
I'll also tell you this. If the float is actually only 18 million, and the insiders have not been dumping their unrestricted portions, then that would go a long way toward explaining why the price has been so erratic lately. WE CONTROL THE FLOAT, and thus we control the PPS. All us Allstocks and Ihub people are flipping and dumping and accumulating ourselves to a low PPS.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell
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quote:Originally posted by RJD2000: Did anyone get an email from networksincs Pumping SLJB? Their disclaimer claims they where paid 10k from SLJB. It also states that they will sell shares for a profit and may cause the price to go down. So are the bashers moving into the email market?
If anyone wants it PM me and Ill forward it to you.
quote:Originally posted by Schwabie: There are 138 million shares in the public float... 18 million public float + ( 3 * 40 million insiders ) = 138
I think its 3 ex-insiders holding 40 million each... make sense... but who is to say that they sold? Maybe they haven't sold. IMHO i think we got a winner here and we control this stock after all... NO DILUTION !
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven
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posted
This is CONFIRMATION that there has been no dilution ! We were ALL wondering about this. We were all felt uneasy because we all thought they were dumping shares... that is not the case pper the PR. Everything is falling into place IMO.
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven
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posted
It seems like they did dilute over the summer and that dilution has reduced the percentage ownership of several shareholders so that they are no longer considered insiders. Now if they stick to their statements and hold it here with no further dilution we should be golden.
-------------------- I just want to make enough money to be eccentric.
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posted
Didnt they say back in March that naked short selling had been going on with the stock and there were more shares outstanding than originally issued?
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion*
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quote:Originally posted by RJD2000: Did anyone get an email from networksincs Pumping SLJB? Their disclaimer claims they where paid 10k from SLJB. It also states that they will sell shares for a profit and may cause the price to go down. So are the bashers moving into the email market?
If anyone wants it PM me and Ill forward it to you.
What a crock.
GLTA
I just got the same email again.
LOL WOW
I just checked the email again that you sent me and the pictures do indeed work again This time I'm saving them! EVIDENCE WEEEEE
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posted
This will make it very difficult for Wessel to buy 25% of a company. That would be 125,000,000. This should bring the price way up when the buying starts.
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