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Airys--Very thoughtful post, good job IMO. And thanks for all that you've tried to do, I know you meant well. We didn't always see eye to eye but that's OK, we were both striving for the same results and that was apparent. Best of luck in all of your future trading endeavors, and in life itself.
Post of the day! I am still in also, and will see this through right along with the other longs. I personally think Airys is legit and is just trying to help. (along with trying to save his investment of course) Can't blame him a bit for that.
I agree also that there are others here however who are simply out for blood because:
1) They were SLJB shareholders who sold their position and are pissed that they chose to sell for a loss.
My comment: Yes, many sold, that was their choice tho. Lots of panic on the big drop, no arguement, seen this before and truly feel for those who succumbed to the pressure. The company is not yet dead tho no matter how hard people are trying to make it so-- admittedly a few members of management could be in some hot water here it seems, but again, it ain't over till it's over.. I still believe that regardless of the outcome, the company itself will remain intact, even tho management may receive a large shakedown/restructuring at some point--IMO we longs will recover over time if we hold, thus I continue to do so. If I lose it, I will lose it due to the company truly being a POS, but I will not give it away at a loss. Not in my DNA.
OR--
2) They were never in the stock to begin with but are instead paid to work the boards for their employers' benefit.
My comment: Scumbags who manipulate other people on stock boards for pay are just another form of crook IMO, no different really than those who blatantly steal our money directly from the accounts themselves--- IMO these types of lowlifes would benefit from a good old fashioned can of whoop-ass opened up on them and then maybe they'd learn some morals. Shareholders are becoming more educated and quickly tiring of bending over and taking it from all angles, and IMO the clock is ticking for ALL of these yahoos who continue to play games at other peoples' expense.
Anyway--
I truly hope the remaining shareholders can prevail by holding. Flip a coin at this point, but I'm in till the end of the rope or until a much higher PPS. The new SLJB 2007 vacation home fund is admittedly looking a bit bleek at the moment tho... JMO GLTA
TOOO DAAA MOON! (sorry, had a momentary flashback to happier days and talk of $4-6 nasdaq uplistings coming soon..):-o
Seriously and all kidding aside, good luck to all.
Oh boy, now ya gone and done it, dragged religion into it....lol, hang onto your shorts, you'll get attacked for that one around here like a bear raiding a beehive, lol.. JMHO GLTA
I agree 100%. To go forward into the future as a public entity that (supposedly) has nothing to hide, this company MUST immediately become fully transparent, and have things done in a professional manner from now on to regain investor confidence and entice new investors in--not "off the cuff" as it has been for almost a year now. Those days are gone now for SLJB. Filings must be done, (we need to see those promised AF's within a few weeks IMO) website done, cement deal closed and publicly verifiable confirmation of that, along with not only regular shareholder updates but confirmation/explanation of what happened to all of the rest of the deals, and what deals are "new" and on the table too-- seeing as we haven't heard about any deals from the company for many months now what with all of this turmoil. A building supply 'specials' flier does nothing to settle my stomach over what happened to the multi-100M deals that were PR'd to us and why we bought into this company to begin with. These little diversions are just that, time for whomever is pulling the strings (if anyone) to step up now.
If the business is continuing daily as it was when we were receiving the virtual "100M ME deal per week" PR's, then they should indeed have quite a stockpile of new deals now, right? Posting stuff on Airy's website is not what the company needs to do at this point nor is going thru him to release news and updates, they need to grow a set of their own IMO, step up and come clean and play the game the way it is supposed to be played---in a professional manner, with a professional IR firm that will "officially" release updates. "Hiding behind someones' skirt" and releasing info "unofficially" does not a reputable company make, and it is long past time for them to get with the program. All they have to do is produce undisputable verification that ANY of those past deals exist and that will help them regain shareholder confidence and viability with the investigating agencies.
Time to shyte or get off the pot. Really, that's the bottom line here. I don't want to see sales fliers, little rinky-dink items posted on Airys website, etc-- I want to see signed documents presented OFFICIALLY by the company, directly from Wessal or Emaar or whomever, with full, easily-verified disclosure. No more dink and dunk. I will ride this out till the end, but this shroud cloaking the company needs to be thrown off so everyone knows exactly where this company stands. IF there are issues, then deal with them. IF someone has to pay for things done wrong, then so be it, shoulda thought of that beforehand.
No more games. JMHO GLTA
Good morning all---Well I see I didn't miss anything by being away a few days, other than more speculation, banter, and hot air that is, lol! Glad everyone is having fun, hehe.
Good luck to all this week, it should prove "very interesting" to say the least. The time of speculation, banter, (BS) and FUD is all but done now IMO, and if you ask me, it's WAY past due...getting to "the meat" of all of this will be more than welcomed-- whether good, bad, or ugly, at least we'll know. JMHO GLTA
Cm3i-
We will see what happens on the 8th. In fact I'm going to shut the computer off for a few days and go do something constructive, because there is nothing anyone can do until we get some facts, and none of the facts will be available before the 8th IMHO due to any gag orders from lawyers.
All of the rest, is simply HOT AIR, and I've seen enough here to last a lifetime already.. JMHO GLTA
Either that or you are simply an idiot. And if you are, then I am sitting right beside you holding a big ol bag full of air also, as are others. But I'm not going to sell into fear, especially at this level, that would be truly retarded IMO.
Of course if the MM's want to run it back up to .20 or so, then I might think more strongly about it, lol.
Only a few people who currently know for sure what is what, and unfortunately we aren't them. JMHO GLTA
We already knew that tho...but I suppose there are other investors who didn't, so...it wasn't BAD, but it didn't give us anything "meaty" either. Have to wait and see what happens the 8th. JMHO GLTA
That's IT?
Wow, the lawyers need to do MUCH better than that to keep any interest alive by the remaining shareholders. File this one under "total waste of submission". JMHO GLTA
Has the potential to be, we'll see...
Sure beats Bob Barker, donit?
Can you stand the drama?? lol.
So you say.. Reality is that we'll see the truth one way or the other very soon.. But thanks for your heavily biased opinion, lol.
Sweet. This will be a beauty IMO.
PR definitely needs to come now that it has been stated it will. Hope for the remaining shareholders' sake that Steve comes thru before the opening bell with something very "meaty". JMHO GLTA
Lots of the current paid smashers would be(bashers is being used too much, so... ) and the hedge funds they work for would be too, as would the many who sold due to the fear of the unknown.
Those of us who still hold would be pretty happy tho...JMHO GLTA
Bleep-
You quoted:
"That does not give you or anyone else anymore right to claim you are entitled to some kind of priority consideration."
Um, yes, it does, with regards to this board. I am a SLJB shareholder, and from what I understand, you are not. YOU made your own choice to sell and move on. But, you choose not to leave because, from your own words, you feel scorned.To that I must say that you should follow it up with your attorneys please, for IMO it has no place on a stock board where you currently hold no shares. Reason is it does not help the remaining shareholders, and is simply not a logical way of approaching retribution and/or resolution.
And I do not know about anyone else, but at this point I am simply looking to recoup my investment plus monies invested into my current private investigations, if humanly possible. So please don't play that 'greed' card with my name attached to it, thanks. IF it all turns around later on and the PPS looks to me that it may go beyond that and I can indeed profit in the long term, surely I will make a decision on that then, as that is why we all invested here to begin with---to profit from our initial investment. I feel sorry for those who got squirrelly and felt like they had to sell, and they may indeed have cause for doing so--- but again, WE DO NOT KNOW FOR SURE AS YET, and thus those were decisions each individual had/has to make for themselves.
I for one still believe the company itself will survive, regardless of whether or not a few key players may in fact be guilty of whatever. And that is one of the reasons why I will see this thru. I am in no way "pardoning" any illegal activity by anyone, quite the contrary---as stated I will be right there with everyone else IF these allegations are proven valid. But I will wait until I know for sure before pulling any triggers.
And in summation--
Of course your thoughts are just as important as everyone elses---however IMO not from a shareholder perspective on a company stock board, IF you are no longer holding SLJB shares---correct? Maybe IHub could thus start a new " pending litigation & scorned shareholder" messageboard where the many aggrieved pink sheet "victims" may freely express without inducing harm to any current/remaining shareholders? What a concept... And, just a thought.
Happy New Year to you as well, good luck in the future.. JMHO GLTA
Jannie- Thanks for your viewpoint. I totally understand your position and feelings, believe me I do, as I am not all too confident at present either, but will wait to see how it plays out regardless---as I've mentioned before I have to see it thru. And as previously stated, IF the allegations are true, my legal team will be filing right alongside everyone elses, make no mistake there.
I must again however state that it does not help current shareholders or our positions when wielding a pen (or keyboard actually) filled with hate and revenge at this point, simply because WE DO NOT KNOW FOR SURE WHAT THE DEAL IS. IF certain players are in fact guilty,(and they very well may be) then they will be put away and the recovery litigation process will commence, but that is still a ways off (long after Jan 8 IMHO) and, yet to be proven. And again it does no-one any good to listen to the P&M club in the meantime IMO, anymore than it does any good to listen to pumpers. We simply must wait and see, everything else is just speculative drivel in all honesty, that helps no-one.
My people will continue to look for answers just as others' are, but I honestly feel we will be seeing some soon anyway---as you correctly stated, starting on the 8th.
Best wishes to you and yours as well and thanks for the kind words, again have a safe and Happy New Year. JMHO GLTA
In all honesty Jan and to be fair, (with no offense) I must say it is going far beyond "taking up for fellow shareholders" when you post over 50 obviously "hang 'em high" posts in a day. Remember that you are already "out" and are no longer a shareholder....
I agree that there may indeed be a reason for you to be upset over selling at a loss, however the story is going to play itself out regardless of whether you are right or Sulja is right and no matter how much anyone screams that they are right, there is simply nothing you or I or anyone on this board can do about it as it is completely out of our hands now.
The biggest "grate" here to me however, is this:
There are still shareholders here that are holding shares. I am one of them. We all still have hopes that the PPS will go back up after this mess is all straightened around, because one only loses if they sell for a loss, or the company folds, period.. Yet there are some such as yourself and others who have made their own decisions to sell for a loss, who are upset that the company may have mislead them, and thus want nothing more than to throw fuel on this fire and create a "lynchmob" frenzy---ie: "watch the company fold", so you all may possibly recoup via litigation, or at the very least feel vindicated. Again, 50+ primarily negative posts from someone who is "already out" doesn't help those of us who are still in in any way, and THAT is the bottom line.. YOU and OTHERS made your own decisions to bail, and IF it is found that SLJB is in fact guilty of foul play, then you and others who sold can file your charges and have a decent shot at recouping THEN--- and IF that is the case,I'll assuredly be right there with you. BUT, until that day comes, I must please ask that you and others who sold upon your own doubts and who are trying hard to justify your own decisions for doing so, simply to be fair to those of us who still hold SLJB, stop the banter, and move away from this board so those of us who are still current shareholders can discuss our company, without "outsider bias". I agree with others in that we do not need to be "saved", as we are all adults here and can make our own investment decisions. I for one have made a very comfortable life for myself and family by making my own decisions as an adult.. Thank-you for thinking of us tho.
Again, this is not meant with personal malice or with any offense whatsoever, it is simply based on non-emotional logic from a current shareholder and long time reputable businessman. I appreciate your understanding.
Happy New Year, and GLTY in all of your future stock endeavors. \\JMO. GLTA
I for one like to hear from both sides of the fence, and not "all pump" or "all bash". If I do not care for something I read, there is always iggy. I feel some of the mods here have been a little too quick on the trigger over the past several months on both sides of that fence, mostly for their own individual benefit, not the boards' itself. JMHO.
There does seem like alot of things are stacked against the company currently, and I do believe some will have to pay for their mistakes (or intents) made along the way. However, it still remains to be seen as to whether or not the company itself will survive, and that is why I must still remain long---remember Sulja Bros Building Supplies has successfully conducted business for over 20+ years, and we own it. Yes we bought in because of past and future promises made, but honestly we do not know the full extent of anything there yet either, other than some of the players quite possibly may have been "less than straight" with us.(lightly put) IMO the last thing John Sulja wanted tho after running a successful business for over 20+ years was to have his name and reputation run thru the mud, and his loyal employees without a job. Yes he sold the business, but if it were me I would not have my name run thru the mud for any amount of money, and as a reputable businessman who was liked in the community,(from what I understand) I'm sure he felt or feels the same.Thus I do think the company itself will continue on, probably minus a few jackals and their associates, and that is why I continue to hold---at the levels we are at now, it really doesn't make sense to sell anyway IMO, and you only lose if you sell, or the company folds. I do not think this company will fold. Jan 8th will be very interesting, to say the least. JMHO GLTA
Good post, and I think you may be on the right track. In no way are they off the hook here for what has transpired over the past year or so, but I agree they can "lessen the lashings" with some hard work and crafty lawyers. And if they are going to go halfway and build a true company to pacify all and keep themselves out of the big house, then it would make sense to finish it and carry on legally thereafter---after all, this company could easily make the monies that they originally were depiciting, IF they had/or found the connections. It was certainly believable to begin with, that is why we all invested. And if it is believable, then it can be realistically done as well, and I think they figured that out along the way. JMHO GLTA
You may be right, already lost most of it anyway to date... But the last thing I will do is make the choice to DEFINITELY throw it all away, simply due to FUD.
If I lose it all, it will be due to the company truly being a POS, not from me allowing myself to be manipulated by fear and hype of "possibilities". Flip side is there is also the "possibility" that it will go back up in time, after it is all weeded out. There is still a company here, even tho the possibility (there is that word again) exists that some of the people who worked for and/or who are currently working for the company have been "less than straight" with us. I'm willing to see what happens... guess that is why they call it "long term investment". JMO, GLTA
All depends on what they produce at the hearing....the company lawyers must have anticipated this and is what they have been working on--that is why everyone was gagged. So IF they can provide any substantial proof at the Jan 8 hearing of any of the prior deals, contracts, revs, and assets stated, along with updated info of the pending AF's, the OSC will thus find no reason to keep the stock itself restricted, and the PPS will skyrocket on the news. Big-time IMO.
That is, IF they can provide proof. Throw the dice, spin the wheel, lol.
I think the SEC will also wait to see what develops from the upcoming hearing before they step in. I'm going to continue to ride it out, ballz of titanium here--as the saying goes--"no risk, no reward". JMHO GLTA
Very nice...a step in the right direction towards resurrection, still a long ways to go, but this says alot IMO.
Well said Stock H.O.G. Agree 100%
Xanadu, understand what you are trying to say, but think about this also: If the board hadn't recieved the "unofficial info" being spread by those outside of the company, do you think it possible that the company may indeed have been pressured into releasing "official info" sooner, to defuse the increasing call to arms, much like they did when everyone called for Petars' head and the company replaced him with Steve, to essentially defuse that situation? Something to think about.
I agree totally it is up to the company to provide the answers to shareholders OFFICIALLY, not thru a few "unofficial" avenues they can refute as such later. JMO GLTA
I think the company already knows we are unhappy with the "unofficial info", hehe. That is why they suddenly hired the lawyers and stopped talking, IMHO.
Another case of "agree to disagree" here, and that's OK---I know we both are looking for the same end results, just taking different paths to get there. JMHO, GLTY.
Airys---They haven't released info yet, and a few faxes will not help persuade any top level lawyers, it's laughable to them. Really, that is weak, c'mon. Flu fever must be getting to you...
IMO they want the fax info to know who are concerned and/or who might possibly "give them trouble", so they are looking for their contact info to have record of it. Hmmm? On the right track here, sport? What an easy way to get it too! This is twice now that you have "just happened" to ask for investor info for the company by asking for signed letters-- first from those who are concerned, and now for faxes directly to them with return fax numbers and signed documents/requests, again from those who are "concerned". Doesn't get any easier than that for a defense team looking to find whom they may possibly have to defend against... Nobo lists give info as to who owns what, but puts no focus onto whom might be "biting back". Slick move for the lawyers benefit Bubba, but there are Alpha wolves in the den as well here who are not so easily lead to the edge of the cliff, awaiting to be pushed off.
When the time comes, everyone will know exactly who's who in the zoo, but not until then.
My advice to you from a businessman of many years, would be to get as far away as possible from this before you are dragged any further into the middle of it. You have no idea what you are setting yourself up for here in the long run by continuing to play the intermediate. FACT: It is up to the company to disclose OFFICIAL info to we the shareholders by OFFICIAL COMPANY PR's, not for you, a current shareholder (along with HOG and others) to go and get info and bring it back, hence making it simply "unofficial hearsay". That is more of a detriment than anything else at this point in all honesty and will give the company no reason to release updated OFFICIAL info in the near future if investors are satiated with the unofficial news, and thus of course that way altho we may in fact believe it now, it can always also be deemed "unofficial" info in the future as well if the company chooses, with no repurcussion.. It's an old trick, played across the markets many times. No offense, but you may as well have Petar just um, maybe open up a blog or something, lol.
Seriously, think hard (without emotion) about what you are doing.. JMO GLTA
Good post, exactly correct. Petar is history and thus everything he states or "passes on" to anyone about SLJB from now on is useless, totally unofficial info, ie: hearsay, banter, and BUNK--- we need to hear directly from Steve or the SLJB attorneys via OFFICIAL COMPANY PR,with a boatload of verification to back everything up (financials and all PR's) from last March thru all of the new deals and contracts.
Anything less is simply more smokescreen at this point. JMHO GLTA
SH---retractions will not do any good at this point, other than to confirm that they are now retracting those PR's. The damage from them has long since been done, even the 350M cement deal locked in many a shareholder commitment before it was retracted.
Unfortunately, one can't fix stupid. Especially when it is all PR'd by the company, directly to shareholders. JMHO GLTA
Correct Bleep. Anything stated or passed down from Petar can only be labelled "hearsay" at this point.
It was PR'd directly by the company that:
quote:
Along with Petar Vucicevich, Kore International Management Inc. will no longer have a roll in the management process of SLJB. End quote.
That pretty much says it all in a nutshell, doesn't it?
I can understand what "Airhog" is trying to do here and that is certainly honorable, but I must agree in that anything brought back to the table from Petar is, in fact, simply hearsay and carries no verifiable weight until otherwise publically stated in an updated PR, direct from the company. We certainly need to hear from either Steve Sulja himself as the acting CEO, or the company lawyers, with verifiable proof to back all prior and future statements up. That is the only way out of the abyss we are in IMO. Supposedly some time ago there also was to be a phone link setup for these lawyers to answer the hardcore questions "officially", and yet we still have not seen this happen--- very much like everything else with regards to SLJB, unfortunately.
The smoke and mirrors, ring around the rosy, dink and dunk routine is getting extremely old now after almost a year, and I hope investigators can soon give us some SOLID info pertaining to SLJB as it certainly seems that SLJB itself is incapable of it. Still holding long but my faith in this company is dwindling by the day and it will take nothing short of a complete resurrection to gain it back. JMHO GLTA
Dunno. em
Aaah the memories--Who remembers these?
The two first "post merger" PR's that described SLJB deals worth potentially over 100M---Probably only true longs remember these PR's because these particular two have been buried for months now---I almost forgot them myself until recently, luckily everything is kept on file....enjoy:
LoftWerks/Sulja Team to Begin Two New Projects Ontario and Mississippi Ventures Should Generate $100M
NASHVILLE, TN, Apr 12, 2006 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. (OTC: LFWK) today announced that two post-merger projects with Sulja Brothers Building Materials, Ltd. have been slated for late-2006 starts. The first project, located in the Kitchner area of Toronto, Ontario, will feature conversions of older buildings into loft apartments and retail space. A company spokesperson explained that construction should commence within 120 days and be completed in approximately 18 months. The company expects to put $9-12M into the project, with pre-sale and final revenues exceeding $50M. This will be the first "non in-house" post-merger project, with LFWK providing consulting advice and design. "We think this is the ideal location, based on proximity to our various contributing components such as Kore International Construction Management and Consultech, and will allow us to smoothly integrate our efforts," said the Spokesperson.
A second project will commence in the Gulfport/Biloxi region of Mississippi, and will focus on new construction in areas hard hit by Hurricane Katrina. A spokesperson for Consultech Construction Management, which will be over-seeing the project, stated that input from local experts would be sought to determine areas of greatest need for housing and commercial construction. The team anticipates investing an amount similar to that required for the Kitchner project, and expects to realize the same level of revenues.
SOURCE: LoftWerks, Inc.
-----------------------------------------
And this one:
LoftWerks, Inc. (LFWK)/Sulja Bros. Announces Two Manufacturing Facilities Truss and Wall-Panel Robotics Facilities Will Increase Niche Production 300% Over Current Segment in Canada
NASHVILLE, TN, Apr 13, 2006 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. (OTC: LFWK) today announced that its new post-merger owner, Sulja Bros. Specialty Building Materials, Ltd., plans to construct and operate two automated, robotic-enhanced truss manufacturing facilities in the markets of Kitchner, Toronto, Ontario in Canada and in the Gulf Dale/Biloxi Mississippi area (both announced previously as target niche markets by a company spokesman).
These operations will primarily supply the revitalization efforts in Toronto and the commercial facilities rebuilding campaign in post-Katrina Mississippi. The facilities basically automate and exact the process of framing and skinned-wall fabrication off-site for an assembly process that is less demanding in terms of committed resources at any given project location. 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.
SOURCE: LoftWerks, Inc.
----------------------------------------------------
Another 104-106M in revs here that we should be able to add to the bottom line, right? Wonder how these are doing?
Merry Christmas!
Great post.. I'm shutting this thing off myself until Tuesday to enjoy some family time. Merry Christmas to all.
Biggest question in my mind is what happened to EVERYTHING from the past 12 months? ANY of the deals---are they still there, or not? We have not heard squat about any of them for some time----yet we get all of this other stuff about new deals. Believe me when I say, we had ALOT of deals (according to the company PR's of course) onboard already---I for one would like some answers as to WHAT is still on, WHAT is not, (other than the 350M deal and Wessal backing out) and what NEW deals are coming and WHY they sold 100M shares---to what purpose for the company and it's shareholders?
The majority here feel we got shafted, and some feel that there is a bigger (and eventually profitable) part of the story to come. So far we cannot prove one or the other, but eventually this will all come out as many are investigating. I sincerely hope it turns and heads into a open and honest relationship between the company and shareholders, but given the methods of operation to date, I sincerely have to question motive. JMHO GLTA, Merry Christmas to all.
Excellent post Bleep. Agree 100%.
No biggie, we all miss alot around here. Happy Holidays.
Sulja Bros. Building Supplies Releases Revenue Details of Construction Projects in Middle East
WINDSOR, ON, Aug 02, 2006 (MARKET WIRE via COMTEX) -- Sulja Brothers Building Supplies, Ltd. (PINKSHEETS: SLJB) 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."
SOURCE: Sulja Bros. Building Supplies Ltd.
Oh, don't forget these "little things" too Joe:
Al Reem Hotel
2 Lumber Mills
Intec Recycling Plant
130M Emaar deal
Design Depot in Dubai
307M Pro Forma
KPMG/PWC AF's---(how many times?)
Etc, etc, etc,. All of the reasons we bought into this company to begin with.