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Harry, everyone running to the authorities when some negative news makes the PPS drop just makes us look like a bunch of little kids wanting Mommy to make it all better. Had I known there would be a delay and sell off I would have sold at .12 and bought back at .03 but I'm not going to go around screaming scam just because my portfolio isn't as big as I would like. A week from now if there are no AF's and no reasonable explanation for the delay then I'll lead the charge to have an investigation. Right now is not the time to stir people into calling the authorities. It's like the guy that posted a form letter to the SEC one minute after midnight. We need to be reasonable and see what's really happening.
By the way, I really like the little pony picture. Makes me laugh every time I see it.
Can we not make horse's a@@es of ourselves and at least wait until we're certain there's a problem?
I agree. This situation needs to be looked at more closely. Timing is too much of a coincidence for a week old interview.
Hanging right with you. We'll be laughing soon enough.
Can't get on Sulja Bros blog. I think they are updating it.
Wow! Must Read.
Added more at .039 Thanks!
Some of the posters here are truly unbelievable. Did you do any DD? Do you know that several members have actually gone up to Canada and confirmed the existence of Sulja? Actually saw the truss companies? Researched and found out tons more information, more than any pink stock I know.
Delays do happen, one of my OBB stocks is several months behind on their projected completion of a project. This does not make them liars or a scam or anything else but human. Delays happen.
Only this time the delay was caused by some of our own members. Who asked the reporter to go investigate the story? People from this board! Who planted the idea in the reporters mind that this might be a scam? People from this board! You are your own worst enemy people. And if you panic sell because of the unnecessary doubt that has been raised here than you don't deserve the rewards that are right around the corner. This stock will rise but I feel it won't do anything until we get rid of those people who view every little glitch along the way as a scam.
The problem with some people is they keep looking at this as a pinky. It never really was. It is a private company that reverse mergered into a profitable shell of a pink stock. This rarely happens and soon this stock will soar to higher exchanges.
Something good is happening. I can feel it in my bones.
Are they updating it?
If he doesn't post until tomorrow morning like that midwest guy said does it change anything?
Shoot, you made me laugh. That is what it seems like. Of course after the AF's they'll all be purring.
Don't forget we've gone through a daylight savings change since then.
Guess no one's up this late (early?) Just checking out the stock, impressive rise in PPS last year.
Very impressive numbers. Are you sure the O/S hasn't changed? I read that the TA was gagged.
A very good find. Thanks.
You had two very good dream picks RonnieD. Those that don't know how to do DD or who just want an edge are bound to look to you for guidance. Hopefully they don't hound you too much. I read that 1millionfl received over a 1000 PM's in two days over on SLJB. Talk about an overwhelming crowd. How's one to get any DD done when everyone's PMing you? Good luck.
Wow. 2 million bought right at the end? Does someone know something?
Good find. Looks like Petar is very interested in public opinion and is ready to set the record straight when the cockroaches come out of the woodwork. From the initial question it sounds like Kore is buying up a lot of land in that area.
Look at the previous Fridays. It always goes up in anticipation that something might happen. Tomorrow should look the same as last Friday.
Thanks for setting that straight Party.
Six months ago one of the members randomly called people up in Canada where the Sulja's have there business and started asking people what they knew. Bottom line is they've been there for years and are well respected.
Nicely done skinsmoney. Kudos for you.
Page down in the article to get the English version. Emaar working with SLJB is mentioned.
Extremely good find proftstocksny2. Looks like an investment section of a Mid-East news magazine giving very good details on SLJB. Mentioned us working with Emaar, that ought to raise some interest. I smell $5 PPS very, very soon. IMHO.
Not your normal pinky. Private company, 25 years experience, reverse merger, already profitable.
As with everything else, we'll know a lot more when the AF's and future quarterlies come out. SLJB does have two truss manufacturing facilities, I believe two warehouses, not sure if they own their offices or not. I know they've talked about brokering deals but I remember Petar saying something about problems with getting enough rice to the workers (a lot of oriental workers in Dubai), this tells me they're in direct control of some project(s) which means the need to have equipment there.
I'm no acountant either but what x2012 just said plus it impacts what you pay in taxes.
There's two standards of accounting used in the world right now. They will have to use the US standard to file in the US but they also want to be ready to file on the Dubai exchange which is a different accounting standard. I haven't looked into this closely but my understanding is that one of the major differences between the two is the depreciation of equipment and buildings. Obviously this difference could have a major impact on the bottom line and what you report as EPS. The worldwide accounting bigwigs have been working on standardising all accounting methods. Maybe in another year everything will be worked out.
Someone, I think Petar once hinted that it was a German acronym meaning "good for the bottom line".
You're right on target Thinman13. Emaar bought the second largest home builder in the US, does anyone think they want to stop there? Those houses are going to need lumber and trusses. SLJB is a perfect fit for Emaar. Why pay someone else to supply you with material when you can own/control the source and supply yourself. I wouldn't be surprised if Emaar cut a deal with Wessal to act as middlemen and the 25% is really being bought for Emaar. If this scenario is true then the PPS of this stock will skyrocket when the truth is told.
Petar once said that they didn't want Consultech to have the image of a pinky. My opinion is that they will wait until SLJB is on a higher exchange (maybe just OBB, maybe higher) before they do the reverse merger.
Yes, Petar did say Wessal was buying before Ramadan and would continue to do so after. I believe you are correct that they are probably done buying what they wanted.
I thought it was 200 Million for Sulja and 300 Million set aside for Consultech. Please let me know if it is different.
I talked to a company that builds tire recycling plants back in July. They had bid on the project (in Saudi Arabia) but a German company (Intec)got the job. It was their understanding that it had started or was about to start construction. They didn't know who any of the subcontractors were (i.e. Sulja) but it is definitely a real project.
Some very good points. Thanks.
I agree. They might be looking to maximize the impact. Release the AF's, let it rise up and before it can rebound release the quarterly.
Can't control what weak hands and weak minds will do. At least it looks like it won't close below .10
1millionfl! You're back! Did you get all the cheap shares you wanted? LOL