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what if the OSC made SLJB do all of the things they said they were going to do such as publish A/F's and uplist! that would be a hoot and very constructive action if the OSC demanded as part of a settlement.
ahhhhhhh, no. holding 200,000 shares +.
sounds like the definition of dead. em
one wonders what influence DeVries III had over all of that, if anything.
very good dd jake. tks. em
if SLJB posts financials and gets out ok from the investigations, is there any chance of a pps recovery?
pssthbuk: i don't know if she had anything to do w/SLJB (Linda Morton). she appears to have been an officer in NANNACO when DeVries III was involved w/NANNACO.
DeVries III mother's name is Linda Morton. She seems to usually be a principal in his ventures.
tedwitt: it would be very interesting to see all of the businesses DeVries, his mom and their business buddies are and have been into.
tedwitt: excellent post. this is the type of post many of us bag-holders regularly put together in the middle of last year. as best as i can recall, in 2003, Andrew DeVries III made a move to buy a construction or building supplies company. in 2005 he hooked up w/Ammerman to do business w/Loftwerks which turned into all of this. i believe that PV said DeVries created the SLJB share structure and that may have been in the context of the nominee share selling. imo, w/o DeVries and PV actively promoting SLJB and coming up w/the ideas, SLJB will go nowhere other than possibly becoming a reflection of itself former self over another 18 year period as a family-run building supplies company.
getting mgmt. to move this stock/company forward is like giving birth to a boxcar. it shouldn't be this hard.
Egor, roger that. If anyone needs a tax loss to offset profits in other stocks then this is the stock to pour their $$$ into. I'll bet if anyone wants a billion shares of SMMW, all they have to do is contact a MM and make a deal at below $0.0001
i'm guessing any volume has been Dan selling to the MM's at below $0.0001/share out of the billions he holds. no retail customer like us has been able to get an execution on the sell side at $0.0001
SMMW has been dead a long time now.
nope and everyone stopped trying to sell shares too. this is a dead cat, no bounce.
i probably pulled it off of yahoo finance news.
they (the co.) are just trying to keep their ill-gotten gains and their arses out of jail (maybe and imo). you're right, the only thing they have executed well is the pump and dump of their shares. imo, the only thing that will increase the pps is if someone (PV?) gets actual ME contracts and puts them into the SLJB shell.
great! i'm in another pink stock that's going to go tits-up after R/S and losing my investment. making a lot of progress, i am. :)
the 1:1,000 R/S already done sucks. check this quote:
"We are extremely committed to creating shareholder value; we believe this action will put a proper valuation on our company by keeping the public float at its current level while raising the company's required growth capital through private placements of restricted common shares. We have strong interest in the purchase of these private placement shares from accredited investors at the $1.00 per share price," said Michelle Shearer, CEO of Three Sixty, Inc...."
they like public shareholders soooooo much they R/S'ed my 93,000 shares to 93. woohoo! i'm onboard! em
i would like a few people to go to jail if they knew they were putting out bum info. i haven't sold yet so now my excuse is the pps is too low.
Dan needs a new pair of shoes? em
hope so. tks. em
Chrispy...good info. Tks. em
frenchy...is any of this guaranteed to accrue to the SLJB shell and benefit SLJB stockholders directly?
ChrisJP, you may have nailed it. I don't see any forward progress so now I'm finally thinking about dumping and taking my bath. Very disappointing.
Go Chrispy Go! Your efforts on behalf of the stockholders are much appreciated. Thanks again.
felix...i put that out there as often as possible as a little push to Bob. i assume he has been paying himself all along w/revenue from his growing business but we have been waiting for our payday. just keeping the pressure up for our direct benefit. tks for your reply. much appreciated.
As we know, uplisting to the BB would be a very healthy move for the pps. Would eliminate a whole lot of volatility and manipulation to the benefit of all who own the stock. A reporting BB stock is worth putting some $$$ into. Tks for your reply.
Chrispy, any opinion how Bob is leaning regarding uplisting to the OTCBB?
Gottbetter hedge fund? em
Sulja Brothers Specialized Building Materials, Ltd. was PR'd as the new owner post Loftwerks "buyout" and SLJB stockholders thought LOFT was placed into the SLJB shell. it turns out it wasn't the case. ...and whatever happened to Sulja Bros Spec. Bldg. Mats, Ltd.? has it been a player w/the LOFT assets we thought were going into the SLJB shell?
now Premium Building Supply Ltd. comes out of the woodwork and a skeptic, i.e. Sulja bag-holder, would have to ask what does that mean to SLJB? no guaranty that PBS, Ltd. will have any association w/SLJB until and if SLJB ever publishes audited financials.
Sulja Brothers Specialized Building Materials, Ltd. Under which shell is the pea?
April 2006
LoftWerks, Inc. (OTC: LFWK) today announced that its new ownership, Sulja Bros. Specialized Building Materials, Ltd., will immediately set a course toward a broader exchange board such as the OTCBB or even NASDAQ. Newly Appointed CEO, Steven Sulja, in Windsor, Ontario stated earlier today that "the LFWK trading vehicle is just that...a 'vehicle' to move us into a broader more substantial audience."
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April 2006
"LoftWerks, Inc. (OTC: LFWK) today announced that a Liberian supplier of mid- and high-grade lumber cut to traditional North American building lengths and standards will finalize a Preferred Vendor Status Contract with Sulja Bros. as soon as is practical considering the sanctions soon to be lifted from the Liberian timber industry."
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April 2006
New LoftWerks (OTC: LFWK) CEO Steve Sulja in Windsor, Ontario announces today that Consultech Construction Management Inc.'s Director General Petar Vucicevich has been in the Middle East for the past 4 days completing negotiations for the land and construction of a 280 room exclusive luxury hotel on the Al Reem Island, in Abu Dhabi, UAE.
Tracey Banumas, Director of Operations for CCMI stated that the cost of acquiring the land on Al Reem Island is $29M, cost of construction of the luxury hotel is estimated at $645M, both the land and financing for this project have been secured as of yesterday. The anticipated start date on the hotel construction will be mid 2007, and to be completed by mid 2009.
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May 2006
"LoftWerks,Inc. (OTC: LFWK) today announced that Sulja Brothers Building Materials, Ltd. will be involved in supplying building materials to Consultech Construction Management for a resort development on Al Reem Island in Abu Dhabi, UAE. Sulja will be involved in this project as a result of negotiations conducted in Abu Dhabi by Consultech Director-General Petar Vucicevich. "There is a real need for this relationship because of the lack of primary building materials on the Island, specifically, and in the Middle Eastern region generally," said Vucicevich. "As the parent company of both Consultech and Sulja Brothers, we have the unique ability to bring all the necessary parties together to undertake this project," he concluded.
A company spokesperson stated that the project is expected to generate $130M in revenues over the next two years. "The initial agreement calls for us to provide primary building materials such as lumber and masonry," he explained. "We expect ancillary products to spin off additional revenues that could reach the $300M mark within three years," he said."
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May 2006
"LoftWerks, Inc. (OTC: LFWK) today announced that Sulja Brothers Building Materials, Ltd. has completed their audit process for upcoming financial reports, and that the information will soon be posted on the company's web site.
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May 2006
"LoftWerks Inc. (OTC: LFWK) announces its first exchange move milestone has been achieved. On May 4th, 2006, the merged company of LoftWerks Inc. and Sulja Brothers Building Supplies completed audited financials. The audits were conducted by a premier international accounting firm. The financials were submitted to the Company Directors and Gottbetter & Partners, LLP on the same day."
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May 5, 2006
"LoftWerks, Inc. (OTC: LFWK) announces that it will file its Form 10 registration for the NASD OTC bulletin board with the Securities and Exchange Commission within the next 14 business days. With the announcement of the completed merger and audited financials, Loftwerks has positioned itself for the Form 10 filing.
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May 11, 2006
LoftWerks, Inc. (OTC: LFWK) today announced that Sulja Brothers Building Materials, Ltd. has posted the necessary filings to finalize the merger agreement it has in place with the Loftwerks, Inc. (LFWK) public, and that the entire process should be completed in only a few days.
Counsel, the Gottbetter Firm in NYC, has submitted the required SEC documentation, namely the form 15C(211). A Sulja spokesperson stated that the transition to a public market should not occur later than 5-7 days from now.
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May 2006
LoftWerks (OTC: LFWK) LoftWerks/Sulja Bros. today announces that Consultech's Midwest Operation has signed a new contract in partnership with Intec Industries in Berlin to construct two tire recycling plants in the Middle East. Intec Industries is a world renowned and front runner of tire recycling technology.
A Consultech spokesperson stated that all necessary fixtures, construction and finishing materials would be provided through Sulja Building Supply. This project is estimated to generate 30 Million Euros; construction on the site will begin in August 2006; completion date is projected in about 8 months.
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May 2006
"Sulja Bros. will immediately target a broader exchange such as the OTCBB or even NASDAQ. Newly Appointed CEO, Steven Sulja, in Windsor, Ontario, stated earlier that "the LFWK trading vehicle is just that... a 'vehicle' to move us into a broader more substantial audience."
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May 2006
Sulja Bros., Ltd. (PINKSHEETS: LFWK) today announced that its new ownership of the LoftWerks (LFWK), Inc. public vehicle has been finalized by the Board of Directors, and their legal counsel, the Law Firm of Gottbetter and Partners, LLC. All final documents have been executed and forwarded by the law firm awaiting final approval from NASDAQ.
Sulja Bros. will immediately target a broader exchange such as the OTCBB or even NASDAQ.
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July 2006
"Price appreciation of our shares should easily beat the NASDAQ requirements for up listing. Our net earnings will raise the eyebrows of many investors."
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July 2006
LoftWerks/Sulja (PINKSHEETS: LFWK) announced today that the company is opening 3 new offices in the Middle East. A Red Sea Group company spokesperson commented: "The 3 licenses for Sulja Bros. Building Supplies were obtained in the Middle East. Ground breaking commenced today in Abu Dhabi, Dubai in the United Arab Emirates and in Bahrain."
The construction in the UAE and the Middle East is projected to exceed 28 billion by the year end
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July 2006
"Sulja Brothers Building Supplies earned $63,047,611.00 during the 12 months from June 1, 2005 to May 31, 2006. The company made $28,371,424.95 gross profit with a $26,023,991.63 in pre-tax profits. Net profits were $15,879,839.69.
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July 2006
Sulja Bros. Construction Supplies, Ltd. (PINKSHEETS: SLJB) today announced that it will release pertinent and positive financial information to its shareholders. Year-end (fiscal) numbers will show revenues of $63M+ for 2005 and gross profits of approximately $28M+. The net profit for the year-end audit will surpass $15M.
The company anticipates NET profits greater than $3M from the supply-side agreements it has attained with the Red Sea Group
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August 2006
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."
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August 2006
"Wessal International has arranged for private financing of USD 25 million, of investment capital, for Sulja Bros. Building Supplies, Ltd."
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what is the name of Steve's new company and does SLJB have any interest in it? much appreciated for anything you may know. em
sand is right. Steve Sulja said the plan was to uplist to the NASDAQ! That's something like $4/share chief. He and PV were pumping revenue that added up at one point to something like $750,000,000. Not bad for a company w/a pile of sticks and (maybe) drywall in Canada. They were pumping a hotel in Dubai they were participating in that was priced out at $600,000,000 +. They had "signed" contracts for cement, as best i can remember, that totaled something like $300,000,000. these guys were on a roll...or so they led us to believe for the major part of 2006. they were getting an audit by two of the big 4 major int'l accounting firms. PV was going to get 300,000,000 shares of SLJB for putting his Consultech into the SLJB shell. the "arabs" were sent 50,000,000 shares of SLJB from nevada. (all imo and as best as i can recall.)
$0.0001 here we come! no where else to go with no news and the intel we have been able to gather. the street knows so $0.0001 here we come! em
the pps will be at $0.0001 until someone tells dan he has a company that has issued public stock. he may not know SMMW common stock has been trading for the past couple of years.
when the 12th Imam comes out of the well.
oh yea, i'm sure SMMW will deserve the top listing since it hasn't traded since when, last november? (just being sarcastic, not personal)
tks for the info AK47. em
wow! another case of a public stock owner/promoter (Bob) setting up the public company to take a financial whipping to the advantage of his private company...where the "real" money is?