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Well, I guess we won't close below .10 so all you worry warts can relax now.
I just read the PR. I remember someone on this board predicted Nov 15th. Give em a cigar! LOL
Thanks for all the words of confidence 1millionfl. Wish I had enough shares to be an insider.
I was thinking the same thing. Maybe something is happening at the Big 5 that they want to include in a PR or 8K?
I've seen lowtrade on other boards. He has very good chart advice and he legitimately wants to help. If this were a typical pinky I would be inclined to follow his advice but as we all know this isn't really a pinky. It's a private company that has done a reverse merger and has plans for expansion and another reverse merger. They only have pinky status because they haven't filed the A/F's yet and that is about to happen. If everything the company says is true then they are in the black and quite profitable, highly unusual for a pinky. The normal chart analysis does not apply to this situation. Those that have done their DD need to stick to their guns and not be swayed by every breeze that comes by. Whether it is by design or not someone is collecting up a lot of cheap shares. Don't let them get yours. All IMHO.
Turkey Surprise? LOL
I disagree with the bad audit theory. If it was bad then Petar would not have turned it over to the Board to review. My gut says that they're timing this, maybe for their favorite time frame, Friday afternoon.
LOL If they had used a two hump camel the AF's would be here by now!
Agreed FrankieJ. I remember when it dipped below .02 in July and all the cockroaches came out to declare us dead and soon-to-be-subpenny then suddenly, before you could blink we were at .15
I don't know what this is but the digiplant.se appears to be a Swedish Software company, maybe a website server/manager?
The Swedish IT Industry Guide 2006
IT and Telecom Guide
Home | About the IT Industry Guide | Get your copy
Register company | Update your information
digiPlant AB
--------------------------------------------------------------------------------
Homepage: http://www.digiplant.se
Revenue: 2 M SEK
No of employees: 3
Categories: Software
The reverse merger was in the works long before the $25 Million.
I feel it too. On the one hand I keep thinking how PV shouldn't have said anything until it was ready. On the other hand I keep thinking that there's a big reason for the delay, like Wessal asking them to hold off until they get their 25%. It's all speculation and conjecture, the board is just spinning it's wheels rehashing old PR's and fighting off the bashers until we get something positive.
I agree. I only mentioned it because there seemed to be confusion among some people mixing up shorting and naked shorts. I haven't factored in naked shorting into my personnel opinion of this stock except to fantasize about how much higher it might go. Hopefully we won't have to wait much longer to find out if it is a factor.
Hi Wood Dog, When most people here talk about the short postion they're referring to the naked short position, that is, those stocks sold on paper only that are FTD. It's been estimated to be as high as 200 Million shares and since most if not all occurred before July 3rd they aren't reported in any system. I wonder myself if those that did this haven't covered already however, if they did at anytime in the past three months if would have been at a loss. Many feel that if the company pays a dividend it will force them to cover but I think it would be easier for the naked shorts to pay the divi than to buy back the whole share. I'm not sure what the end result will be with this situation but I feel it will come into play in the future and to our benefit.
As I recall PV didn't want Consultech associated with the Pinks and was going to delay the merger with them until SLJB was uplisted. Circumstances made it so PV became CEO of SLJB before the uplisting so it's no surprise that he doesn't like the Pinky world.
I remember Petar saying that Consultech went by another name (names?) overseas. Maybe they are on the Big 5 list under a different name.
You called it joelotto. Congrates!
You've posted 156 times, all on SLJB, 66 of those posts have been deleted. That makes a 42.31% deletion rate.
You say you own the stock but when members here try to engage you in constructive conversation you avoid their questions. Example:
Posted by: m0m0mey0
In reply to: jjtruthmatters who wrote msg# 93343 Date: 9/24/2006 5:43:12 PM
Post #
jj, you said this is your first pinky play.
May I ask how you heard about this stock, and when?
Respond | No Replies
Posted by: m0m0mey0
In reply to: jjtruthmatters who wrote msg# 93500 Date: 9/24/2006 6:56:03 PM
Post #
Once again, jj, I ask you:
jj, you said this is your first pinky play.
May I ask how you heard about this stock, and when?
Respond | No Replies
You've made statements that make it seem you now think this stock is a scam and you're now out of it, Example:
Posted by: jjtruthmatters
In reply to: None Date:10/2/2006 9:56:35 AM
Post #of 136737
Company has really played you guys. Just another scam pinky IMHO.
I bet this thing has been massively diluted while retail snaps up "cheap shares" LOL!
Not a single piece of verifiable DD other than company PRs...but wait...CEO says not to buy based on company PRs.
What a joke.
So with everything considered, why are you here?
Interesting, the previous merger prospects might be getting involved with this one again?
Actually some got in at .0002. I missed that. The only thing I can say about seeing it that early besides luck was that LFWK was a profitable company even then and they weren't dependant on their stock for financing projects. I've bought at .022, .023, .035, and .10. What I saw was a company that made money and was fighting back against the shorters. The merger had already been announced but wouldn't happen for months. At the time of my initial purchase I figured the stock would definitely go to .10 and probably $1. At $1 I could pay off my house. Now I'm thinking it's going much higher and I'll be able to retire.
Here's a warm fuzzy. When OLAB went from OBB to I think NSC it shot up from $2 to almost $9 in two days. It then settled back down to around $6. No other comparison to SLJB here but look at the potential an uplisting can have.
It's true we've all been pretty bad about predicting the AF's. Maybe we should start a contest. Everyone chip in a share, make a prediction and whoever's closest gets the pot. LOL
Nope, never sold, never flipped. Still long and strong. I think those that sold today will be sorry.
Concidering Petar's past PR's I'm going to say that if the AF comes tomorrow then 3:18 pm. Given the celebrations going on in the Middle East I still think Tuesday at the earliest. Hope I'm wrong on the last part.
Most of the true longs have simply stepped back from reading and posting and are waiting for the AF's. They don't want to get bogged down in all the mindless whinning when the stock shifts a penny in the wrong direction. They know it will happen and don't bother with the negativity of chasers and flippers.
The company revealed that three people have 40 Million shares each, I believe two of them post here and they have both said they won't sell until the price is much higher. When you consider how many shares Dennis owns, the company owns, the shares that are restricted, what Wessal is buying, and these former insiders there really isn't many shares left to trade. We potentially have a hugh short squeeze coming that will make the other squeezes seem small in comparison. Some people have estimated 200 Million shares short. That's a lot of ground to cover if the price shoots up and/or a dividend is announced.
So no, the longs are still here. I've been in this for six months now. I'll sell some when it goes big but I plan to still be holding when this gets on the Dubai exchange. If this goes as planned, I'll retire.
Quick question. I've been out of this for a while and I noticed that the O/S is now 48.9 Million. It used to be about 67 Million and was supposed to change to 111 Million. What happened?
I agree that this is a possibility. Wessal probably made a deal with Sulja that the AF would not be released until the 25% is bought up. This could be very good news for us if they can announce that Wessal is done buying and there's only XX number of shares availible for people to own. This might cause a run up of the stock PPS. Add good AF's and have another bump up, Captured short seller capital will cause another, throw in more contracts, a revised 2007 pro forma, once this starts rolling there may be no stopping it. Wessal probably realizes this and wants to get all their shares bought before the big rise starts. All IMHO.
We're buying their oil for $60-70 a barrel. They can afford to party for a few days. LOL
No, It ended then but then there's three days of partying, then the recovery time from the party then the review of the audit, the corrections, the final agreement. So we're looking at next week, hopefully Tuesday.
We're dealing with two languages and two sets of auditing rules (Dubai Exchange and Naz). If they don't get it right it could cause problems later. This is both reasonable and prudent. Face it scoffers, we're dealing with a real company with real world problems and they are being cautious for the investors benefit. And they really couldn't care less about the crying of a few flippers who misjudged getting a quick buck. This will soar once the AF is released and the growth plan is spelled out. All IMHO.
I'm amazed at the number of people who jump on a stock without doing any DD thinking they'll get a quick buck and when it doesn't instantly happen their crying scam or trying to blame someone else for leading them astray. Remember the people who bought on the first rise to .15 only to watch it sink to below .07? A ton of them were screaming scam but most, if they held, are in the green now. Know what you're investing in people. This company has a reputation for taking it's time to make certain that it is done right. I appreciate that even though it's been hard watching the paint dry sometimes. What happens if Petar finds something he doesn't like and asks the auditors to go more indepth on it? It could take two weeks or more if that occurs. Some of you will be screaming scam if that happens even though Petar is only protecting the company and the investors. This stock will soar. If you've done the DD then you know all the investments, the quality of people, the verified offices and businesses, the little details that peolpe on this board have discovered like making certain that Sulja has a licence in Mississippi to rebuild homes destroyed by Huricane Katrina (a requirement by the Mississippi Legislator)making certain they have an export licence from Canada, making certain that the German company actually got a contract to do a tire recycling plant in Saudi Arabia Etc. The point is it will happen. If you can't wait then sell and stop trying to drag everyone else into your misery. Everything IMO of course.
Just because Petar is posting only one year's audit tomorrow doesn't exclude the possibility that three years of audits aren't being worked on. They may be preparing the rest for a PR push.
Thought you guys should know that Abbott's talking about a share buy back. Only 50 million but they probably see something down the pike that looks good for them to make this move. That's over $2 billion dollars worth of shares.
Good Point. PV might want other people to look at it as well before it's released. Some of them might not be available until Monday.
In April, was looking for a long term play, penny stock with value, and found LFWK. They were talking merger back then too but my expectations have grown with all the deals they've made overseas. Instead of paying off the house I'm hoping to retire.
No, as Tony would say "It's Grrrreeeeaaaattttt!!!
Hi rkor Nice picture of volcano SLJB. LOL
Bet me to it. Yes, Rush mentioned the company, the product, and a deal they have, I think with the NY yankees.
You're including yourself in this statement, right? LOL
Add to that the fact that Wessal has apparently not been buying for the last month do to Ramadan (but may start again on Monday!) and the steady PPS shows just how strong a stock SLJB is.