posted
Doni, I'm working on it. I called the number on the PR, but I've never called over seas before so I'm not sure if there is a certain way to do it. I called the Ontario office and a receptionist answered Sulja Bros. She transferred me to a man named Sam, but it was answered by his voice mail. I'm not worried about the legitimacy of the company, I just like to talk to management.
quote:Originally posted by bikerider: the prs are in order to support the volume and the price so company can dump and wessal buy without price depreciating too much.
quote:Originally posted by Doniboy: If wessal said that they are buying 25% of the float, and SLJB thinks it owns most of the float, wouldn't that mean that they are buying from the company. So the company is dumping shares into the market, Wessal is buying them. This would make us move sideways or down until it is over. Then when they have their 25% we should rocket. Am I wrong here people?
Yes, wrong you would be. The company knows the shares are worth a lot more. Why would they sell shares in open market to Wessal, that makes no sense at all? Why not just increase A/S?
This has all the potential to go over $1 and they would sell under .10? Re think that for a moment. In regards to the float, there is none, we will see soon that every share out here is NSS. MMs have pulled this down ever since the financials were released and even sent out a faxblast. People need to open their eyes up and look at the big picture. These idiots selling will be crying when this is over. Actually, I feel bad to see people being scared out of their shares. I understand if you need the cash, but in pinksheets right now, this is as good as it gets.(for me)
posted
Hey, I just heard that the Sulja Brothers have cured cancer, Solved the Conflict in the middle-east, Hired everyone on earth who needed a job, got every contract available from every governemt in the world, and will soon offer us a dividend of $6,000 per share. You guys think that maybe we can get past .06 cents? Yeah, me neither.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell
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posted
Do you think Wessal would be involved with a company like Sulja, if they were only going to make even $1 share. I think they are more involved for the control. They want to be able to assure Emaar that they will get what they want, when they want it. We will go up, and WHEN we do, I want everyone that has called this company a P&D or scam, to personally repay each person they convinced to sell. Do your DD people a relax.....if you can't relax sell. That's how it works. The sooner Wessal gets their shares, the sooner we go IMO....-Cassity
quote:Originally posted by Doniboy: If wessal said that they are buying 25% of the float, and SLJB thinks it owns most of the float, wouldn't that mean that they are buying from the company. So the company is dumping shares into the market, Wessal is buying them. This would make us move sideways or down until it is over. Then when they have their 25% we should rocket. Am I wrong here people?
Yes, wrong you would be. The company knows the shares are worth a lot more. Why would they sell shares in open market to Wessal, that makes no sense at all? Why not just increase A/S?
This has all the potential to go over $1 and they would sell under .10? Re think that for a moment. In regards to the float, there is none, we will see soon that every share out here is NSS. MMs have pulled this down ever since the financials were released and even sent out a faxblast. People need to open their eyes up and look at the big picture. These idiots selling will be crying when this is over. Actually, I feel bad to see people being scared out of their shares. I understand if you need the cash, but in pinksheets right now, this is as good as it gets.(for me)
it sure has got something to do with that 25mil private placement. they got 25mil, money that would allow them work on logistics for new contracts righaway. 25mil for 125 mil share is .20 a share + what they get from selling on the open market.
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posted
Well, Stockmover, I am looking at it a little different I guess. I think sljb might very well sell twenty-five percent at these prices if they believe this is one of the important parts of the plan. Lets face it, this is a relatively small company in the construction supply industry. That is to say, they don't have Home Depot's clout. Contracts are not enough to make a business. You must be able to produce the goods. Consider that if this plan works, they will be able to do a forward split to increase the number of shares available and increase liquidity. I believe that the lack of liquidity is now enabling the company to hold the price while other parts of the plan are coming along. Like others here, I am just trying to figure out what is happening and I'm with you. All this is not necessary for a p&d. IMO.
-------------------- If you don't have instincts, get out. If you do; go with them.
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Sulja Bros. Building Supplies, Ltd. Releases Asset Transfer Update WINDSOR, ON -- (MARKET WIRE) -- August 11, 2006 -- Sulja Bros. Building Supplies, Ltd. (PINKSHEETS: SLJB) has received clearance from the Dubai Government to move the Sulja Bros. assets to the State of Nevada. Sulja Bros. attorneys have paid all creditors and liens on the assets being moved. The attorneys, working with the auditors, have produced the balance sheet, which was the last piece of information needed to complete the audit.
CEO Steve Sulja stated: "The process of moving the overseas assets was time consuming but has finally been completed. We can now have the audited financials completed shortly. The State of Nevada will receive the assets by next Friday. We are very pleased to inform our shareholders of the current transfer of assets. We are actively negotiating with KPMG International and Price Waterhouse Coopers to handle all future Security and Exchange Commission filings and reporting. Our shareholders will soon see why Sulja Bros. did not need to reverse split the stock to meet our up listing goals."
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.
-------------------- Dont take my advice, due your own DD
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quote:Originally posted by weekendwarrior1: "Our shareholders will soon see why Sulja Bros. did not need to reverse split the stock to meet our up listing goals."
quote:Originally posted by RichBy26: I hope the dumping is done!! Maybe this can propel us in the right direction again. Hope I'm not speaking too soon:)
I think the trend will continue - people will sell for profits next week.
Once the audited numbers come out, it will break to the next level.
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We are actively negotiating with KPMG International and Price Waterhouse Coopers to handle all future Security and Exchange Commission filings and reporting.
-------------------- Dont take my advice, due your own DD
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Press Release Source: Sulja Bros. Building Supplies, Ltd.
Sulja Bros. Building Supplies, Ltd. (SLJB.PK) Announces Cement Distribution in Dubai Friday August 11, 9:54 am ET
WINDSOR, ON--(MARKET WIRE)--Aug 11, 2006 -- Sulja Bros. Building Supplies, Ltd. (Other OTC:SLJB.PK - News) has currently secured a large source of cement at an extremely competitive price from eastern European suppliers. The UAE currently faces a shortage in the cement production industry by about 5 million tonnes per year, forcing it to import cement to facilitate the needs of the construction industry, according to a recent report by the Middle East Economic Digest (MEED). Source: Sulja Bros. Building Supplies, Ltd.
(click to enlarge)
A Sulja spokesperson stated, "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. Another product in short supply in the region."
"We are encouraging cement importation to the UAE, because the market price at present is high and, as with all fair trade markets, we do not want to enforce price restrictions," said Sultan bin Sulayem, Executive Chairman of Dubai Ports Authority (DPA) and Chairman of Nakheel at the Press conference concerning Gen. Shaikh Mohammed's decision.
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
Sulja Bros. Building Supplies, Ltd. Releases Asset Transfer Update WINDSOR, ON -- (MARKET WIRE) -- August 11, 2006 -- Sulja Bros. Building Supplies, Ltd. (PINKSHEETS: SLJB) has received clearance from the Dubai Government to move the Sulja Bros. assets to the State of Nevada. Sulja Bros. attorneys have paid all creditors and liens on the assets being moved. The attorneys, working with the auditors, have produced the balance sheet, which was the last piece of information needed to complete the audit.
CEO Steve Sulja stated: "The process of moving the overseas assets was time consuming but has finally been completed. We can now have the audited financials completed shortly. The State of Nevada will receive the assets by next Friday. We are very pleased to inform our shareholders of the current transfer of assets. We are actively negotiating with KPMG International and Price Waterhouse Coopers to handle all future Security and Exchange Commission filings and reporting. Our shareholders will soon see why Sulja Bros. did not need to reverse split the stock to meet our up listing goals."
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.
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