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Liable; Do you own shares of IBCX? Simple question...yes or no! If the answer is yes then you could be the dumbest shareholder on earth! Keep bashing. If the answer is no then you are either short or....why are you here? Answer my questions and I will be more than happy to answer yours!
Mick; It is a challenge and you work real hard to be fair on this board. As you say positives and negatives are OK. I like to hear both sides as well. It needs to be done in a respectful way without personal attacks! That includes attacking the CEO of the company that this board is about. So my response is no personal attacks and if they are attacking the CEO then delete the post for personal attack.
Binzur
Liable; Do you own shares of IBCX? If you do you sure don't show it! LOL! Negative, negative, negative. Your hint yesterday was just another attempt to bash this stock further. Then I looked where you list you live. hmmmmm CANADA! Then I remembered a pm I received that you are a broker! Is this true are you a stock broker? That would explain everything!!!!! You are short and want this to continue to go down so you make money! That is the only logical reason for constant negative posts about this company. The bashers handbook that Angel posted here, you follow it real well!
JMHO!
Binzur
Matt is the one doing the banning. He is 2744 and grubmaster is 21785. Board moderators and assistants can not ban people. They can delete posts but must state the reason, vulgarity, off topic etc. They can TOU's report someone and then Matt takes the action necessary.
I saw your post on that and it really shocked me and that is tough to do with SLJB! To set up an IHUB account in Sept '04 and not post anything until August '06 and for that to match the exact time frame the OSC has laid out sure looks and smells fishy!
I posted this;
http://www.investorshub.com/boards/read_msg.asp?message_id=15897256
That is what I have found as well. When I saw that document and read through it Mark T's name hit me with other things I have read. Also on the bottom of many of the Loftwerks/Consutech deals the contact is Andrew DeVries III. Tough to believe that Dennis Ammerman was not aware. Here is a very interesting PR/Contract. Consultech was already involuntarily dissolved by the State of Michigan in July 2005.
http://www.marketwire.com/mw/release_html_b1?release_id=93306
Dennis is in this as well! JMHO
Waltczyk; Here is why it may not be that easy. Take a read and if this is the case it will not be close to being done next Monday.
It is my opinion that the only thing that happened is Loftwerks, Inc. (LFWK) did a name and symbol change with the SEC. They changed their name to Sulja Bros. Building Supplies, Ltd to match the Canadian Company name and they changed their symbol to SLJB. Both were available with the SEC and the change was made. Simple name and symbol change with no merger. The SPAC was never used after it was properly set up. As Gwik has said it was never funded, nothing was ever done in the SPAC after it was formed. Look at SOS of Nevada site.
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=DxoEtEmuaADMWNYYM6GnHQ%253d%253d
One action/ammendment and that was the original articles of incorporation establishing the SPAC!
Why else would the OSC bring complaints against both entities. The Canadian Sulja was a private Canadian Company. No trading of any kind. Should only be involved post merger but that would be Sulja Nevada and the Canadian company should have been part of that entity! No reason to name them both unless they never merged! JMHO!
Ich nich hab dos keys~ LOL
jk; It is my opinion that the only thing that happened is Loftwerks, Inc. (LFWK) did a name and symbol change with the SEC. They changed their name to Sulja Bros. Building Supplies, Ltd to match the Canadian Company name and they changed their symbol to SLJB. Both were available with the SEC and the change was made. Simple name and symbol change with no merger. The SPAC was never used after it was properly set up. As Gwik has said it was never funded, nothing was ever done in the SPAC after it was formed. Look at SOS of Nevada site.
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=DxoEtEmuaADMWNYYM6GnHQ%253d%253d
One action/ammendment and that was the original articles of incorporation establishing the SPAC!
Why else would the OSC bring complaints against both entities. The Canadian Sulja was a private Canadian Company. No trading of any kind. Should only be involved post merger but that would be Sulja Nevada and the Canadian company should have been part of that entity! No reason to name them both unless they never merged! JMHO!
You are correct I have been removed as assistant moderator. I will not go into the reasons as they were conveyed to me via pm.
I take exception to your inference that I was up to something sinister. I told this board that in the capacity of assistant moderator and also a shareholder I would try to get a hold of Ed Hayter the CEO of IBAC. Some posters here had stated over and over they had left 30 messages without a call back. Imagine my surprise to get a call back! I reported that conversation back to this board. Many other posters here have also had conversations with Ed and have reported them back to this board. Others have had conversations and reported back by stating that what has been reported by others here was accurate.
You are correct that to this point nothing we reported has happened. Many of the items were announced via PR so its not like I invented something to pump this board. I thought getting some of these things done during the holidays was going to be tough. I have heard nothing new on any items PR'd and impatiently wait and watch with the rest of you. I am not going to sit here and bash the company I own stock in. I am also not going to pump it either! I am not going to insult the CEO or President because I know for a fact they read this board. Why piss them off! They hold all of the cards and I for one want to see them. They do not have to ungag the TA. They do not have to release the AF's. All shareholders need them to do this! I for one hope it is sooner rather than later as this price slide has to stop!
Binzur
No the banking documents were supposed to be done by the end of the week! "The buyers have agreed to take delivery of 8,400,000 tonnes per year commencing immediately once the buyer completes their banking documents. These documents should be finalized later this week." December 11, 2006.
There is no gag order from the OSC or the SEC! Where do you come up with this stuff! They PR'd the cement deal and don't you think that if it was finalized "closed" that they would PR that as well? That's right they did that already with a 350M PER YEAR cement deal from September! LOL! It was "closed"!
You got that right! They got a lot more than 7.8 mil though.
Which one. The 350M deal, never happened and PR was withdrawn. The 98M one Petar announced on the company blog....still waiting on banking papers....since October! The latest PR on cement....still waiting on banking documents! "The buyers have agreed to take delivery of 8,400,000 tonnes per year commencing immediately once the buyer completes their banking documents. These documents should be finalized later this week." Dated December 11, 2006.
Airys; On January 23 Loftwerks raised their A/S from 200M to 500 M. What did they do with those extra 300 million shares? Here is the share breakdown Steve Sulja provided in his press release dated 8-22-2006. Please provide any SEC filing authorizing the sale of Restricted shares. Please provide any proof that insiders filed any SEC papers to sell their shares. Please provide any proof registering the extra 120 million shares sold. You always ask the bashers for proof so here is you chance! Prove to all of your followers that any of the sales of these shares were legal. It is a simple request. Prove it and I will never bring it up again!
Action Type: Amendment
Document Number: 20060034702-44 # of Pages: 1
File Date: 01/23/2006 Effective Date:
Previous Stock Value: Par Value Shares: 200,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 200,000.00 New Stock Value: Par Value Shares: 500,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 500,000.00
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."
To prove SLJB is AOK! LOL!
It is fact per the transfer agent. SLJB went from 138M in the public float to over 600M in the public float in three months! From 162M restricted to 620K. All insider shares sold as well. The OSC number is just the start! All done without any proper filings! That is not speculation!
They got a great deal more than 7.8M! There were also 162M restricted shares illegally dumped and probably all insider shares. The public float went from 138M to over 600M in 3 months! That is a lot of dumping and my math puts it at least $50,000,000!!! How is that for a little more greed. That doesn't even include anything from the original LFWK dumping of shares!
"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.""
JMHO!
Two important points!
1. Anybody think that the SEC actually referred this to the OSC for enforcement? At some point the SEC will have to go after DeVries in Texas. I believe they did refer it.
2. Anybody wonder what happened in trading on November 15 and especially November 16. I would hope that instead of a fax campaign to the SEC about how wonderful Petar is and this company is maybe there should be a fax campaign to the SEC to find out what happened at the open on November 16 and who or what entities caused it!
It would be so much more beneficial for all here to actually stop with the basher/pumper crapola and devote some energy to getting the SEC to investigate the trading on November 14, 15, 16! That could benefit the longs who are still holding and those who have sold to maybe recover from what was clearly price manipulation on a massive scale!
Just wanted to post something other than the stuff posted over and over today!
I still have my balls as I have been out for some time! Not crystal and not steel but they are still there!
Binzur
hank; You are not going to build a quality commercial kitchen for 10-15K. That just is plain false. I am a general contractor and build custom homes and simple non stainless steel appliance allowance only is in that range and that is for a side by side fridge freezer, double oven, cook top dishwasher. This is top of the line equipment but NON commercial! There is no way on earth that you can put in a commercial grade kitchen for that price! JMHO!
Moderators can't ban anyone. They can delete posts with cause and those get sent to Matt. They can TOS violation a poster just like any of us can. Finally they can PM Matt and make a recommendation.
Matt and his main crew are the only ones who ban, jail, remove.
There are two separate events.
The spin off. A pink sheet company is buying IBAC's restaurants and catering business for 4.5-5 M. Most likely IBAC is getting both cash and stock of the new company. My guess is the company will keep the money to use to develop the golf course property for homes and also to renovate the club house. The shareholders will get the shares in the new company. If you read the pr none of the officers or board members will receive any shares.
The reverse merger. IBAC actually buys an existing OTCBB shell and moves all of the assets into that OTCBB trading vehical. I believe they will keep the same trading symbol and become an OTCBB fully reporting company.
JMHO!
Yup! Need those deep pockets. Do brokerages carry insurance? Do Transfer Agents carry insurance? HMMMMMMMMM!
I knew people had the blogs saved! Thank you very much!
Happy New Year!
Maybe only one of them a self employed stock trader who shared a room in the Kore office building initials SS had a nominee account. The illegal dumping of shares originally started with LFWK. They announced an IPO but never did one. They just started dumping shares on the market and that price dropped to sub penny! JMHO!
Read the D & B report posted in post 188698. Look at the dates. Look at the owners. Steven Sulja Sec/Treas confirmed this to D & B on June 21, 2006. Steven Sulja was the CEO of Sulja Nevada and Petar was the President of Sulja Nevada! John Sulja was the President of Sulja Canada! Look at the date of the last public filing.
Two separate Sulja Bros. Building Supplies, Ltd.! One a public company incorporated in Nevada and the other a privately owned lumber company in Canada! I posted that around November 18 and was called that famous basher from that other board! LOL!!!
Many wise people would agree with you. The Windsor Star stated
"The only other occupant, Sam Sulja, a self-employed stock trader, said he didn't work for Kore but had occasional business dealings with Vucicevich."
Stock trader....hhhhmmmmmmmmmm!
JMHO!
"7. From or about September 2004 to August 2005, Vucicevich set up trading accounts at two Canadian discount brokers using employees of Kore and/or members of the Sulja family as nominees (the “Nominee Accounts”)."
MEMBERS OF THE SULJA FAMILY!!! They wouldn't have put that in if they didn't already know!
Who was CEO when the bogus financials were posted. Who was CEO when the bogus share structure was posted. Who was CEO when the bogus 350 million per year cement deal was PR'd! Who was CEO when the bogus pro formas were posted!
You guys been drinking to much kool aid in the yahoo room?
snips you have to be kidding. The entire Sulja family is at risk here and not just from the OSC! Civil actions are coming. According to Petar and Airys the "Sulja family" recieved 3 million of the 12 million illegal share sale! That doesn't leave any of them out! JMHO! I can't believe that they didn't get any shares in the reverse merger and those should have been restricted or insider. They have now been illegally sold and are part of the float! I say illegal as no forms were filed and the shares were never registered.
You been drinking to much kool aid in that private yahoo room?
JMHO!
Then stop communicating with the company! I have no problem with you trading this like everyone else on this site. The problem is you are getting selective insider information. If you are going to continue to privately communicate with the CEO and the former CEO of SLJB....STOP TRADING THE STOCK!
It is really that simple. Stop one or the other. I appreciate you taking the time to reply. I do not want to see you or HOG get in any deeper. That is my personal opinion and you know it as I have suggested you talk to an attorney before getting in any deeper.
Thanks for the reply and GLTY!
Binzur
Unless he is trading on that information! Then it is a problem! Posting the information on his site, this site is not "proper public disclosure" of company insider information. Being in possession of insider information and then buying or selling the stock before that information is "properly" disclosed to the public is a violation of insider trading laws. JMHO!
Airys; Please respond to your posts.
Posted by: Airys418
In reply to: rbnuck who wrote msg# 183038 Date:11/20/2006 1:25:18 PM
Post #of 231794
I SOLD some but I bought back in. Now at an average of .023 PS
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Posted by: Airys418
In reply to: robotrader who wrote msg# 213797 Date:12/12/2006 3:16:39 PM
Post #of 231800
Have not bought or SOLD ANYTHING.
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Posted by: Airys418
In reply to: Airys418 who wrote msg# 208902 Date:12/12/2006 3:20:35 PM
Post #of 231800
You know why I didn't buy? Because I knew if I did, I would get bashed left and right and I didn't want to light a fire under my feet. I even asked the board yesterday if it was OK with them. They mostly agreed that I could without raising doubt. What you should be happy about is that I have NOT SOLD ONE SHARE!
---------------
Posted by: Airys418
In reply to: Airys418 who wrote msg# 219627 Date:12/19/2006 7:36:41 AM
Post #of 231800
Good morning all! As some of you may already know, yesterday I sold part of my holdings simply because I got tired of the broken promises and their disregard to their investors. FYI, I still have not received a call back and I am losing faith in this company by the day.
-----------------
Posted by: Airys418
In reply to: A deleted message Date:12/23/2006 8:10:14 PM
Post #of 231800
It's called frustration. It's called pressure, but you know what? I sold at a loss and bought all back in and I'm still at a loss!
--------------
Posted by: Airys418
In reply to: None Date:12/28/2006 10:20:17 AM
Post #of 231802
Oh, one more thing before some one asks me. YES, I still own my 2.2 million shares and I have not sold them. Actually, my heart tells me to buy more but I don't do it just in case anyone can use that against me in any way. I am a big believer in this company. Some of you may think I'm crazy and you are probably right, but that's how I feel. All is only my honest opinion.
So I hearby state that 75 million shares are now restricted!
YES!!!! WOW!!!!! WOOPY!!!!!!
We saw how fast they dumped 162 million restricted shares from August 22 through November 14!!!!! As well as all insider shares and an extra 100 million to boot!
"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."
Airys! You still don't get it but here it is again! Read it this time!
http://www.sec.gov/rules/final/33-7881.htm
Ed is 50 but Wayne is in his low 30's! Happy New Year to all!
Agree completely!
cm3i; Do you remember the tons of information on the board info page? That was absolutely put there by the mods and much of it has been proven false. My god with all that information and pictures and pump how could someone not buy? It was like Sulja Bros was building Al Reem island by themselves! Emaar, Wessal, Red Sea Group and on and on!Combine that with the pump dominated posts and again how could someone come into this site and not buy? This has been the #1 board on IHUB for like 4 months! Any newbie is going to check this one out first! I am sure they don't go look at company #225! That is the problem.
That is why all views need to continue here. I for one like the give and take here today! That is the way it should be. Respectful dialog back and forth. No personal attacks! Any new person should be able to see both sides and after reading both sides and doing their own D & D they make their own choice!
Happy New Year!
Binzur
The victims here are any person who owned SLJB stock prior to November 16! Those are the victims not the "company"! You make it sound like give the money back to the company so those of us who have held our shares and not sold can benefit! That is wrong! The company is not going to survive the disgorgement of $26,000,000+ in illegal share sales.
That should go back to every shareholder! Longs who are still holding who have lost money as well as those who have sold and lost! ALL of us! That is justice to me. OK and some jail time for PETAR and ANDREW!
JMHO!