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Another extension? Sigh. I imagine this will get utterly boring. More Sulja fairy tales spun. More pinning hopes on Peter, or Steve, or Peter, or Steve, or Peter..or maybe even Andrew. More claims that AFs are ready and waiting to be released once all this OSC nonsense has passed. More claims that all is well, and that the illegal selling of unregistered shares was for the good of the investors, and that we just didn't know how good it was. Sigh. More claims of a conspiracy to drive Sulja out of business. More claims of a MM shorting conspiracy. More aversion to the fact that SLJB has no functioning business. More denials. Did I miss anything? Oh wait, I did...
*Cons*
______________
1. CEO publically declares he was duped by PV
2. Known pinkie crook Andrew DeVries involved
3. Retraction of all PRs
4. OSC investigation
5. OSC suspends trading
6. SEC Investigation
7. RCMP investigation
8. ASC suspends trading
9. Admission of illegal stock sale through nominee accounts
10. ASC denies trading, supports OSC position
11. Alberta location closed, doors shuttered
12. Back rent owed for Alberta location, eviction of Sulja
13. Windsor location closed, doors shuttered
14. Computers seized in investigation
15. AFs never completed. Deadlines missed.
16. Lied about KMPG and PWC doing audit
17. No lumber mill deal finalized
18. No Dubai hotel deal as PRd
19. No cement contract as PRd
20. No tire recycling deal as PRd
21. No Gulf Coast rebuild as PRd
22. No Liberian rice deal (lol) as PRd
23. No truss manufacturing as PRd
24. No company web site. Shut down
25. No "Master Builder" designation really exists
26. Pumped by the now infamous chphl*r (you know who)
27. The Pumper himself was named as PR agency for co. (lol)
28. No sales at the company
29. Vendors claim to be owed money from Sula
30. PV said AFs were delayed because of "Ramadan" lol
31. No casino license in Dubai.
32. Phones for Red Sea being answered in Canada. Too funny!
33. Wessal's website designed in Washington State. Lol
34. Intec (tires) confirms no business relationship with SLJB
35. Leslie admitting Seek & Destroy PR was untruthful. oops!
36. Kronk Gym. Nothing happened.
37. Cheese and Spindle Colchester Develoment. LMAO!
38. No "design centres" in Dubai or elsewhere, as promisd
39. No listing on Dubai stock exchange
40. No $25mil credit line facilitated by Wessal as advertised
41. Fraudulent financials issued for year ending May 31, 2005
42. Fraudulent financials issued for year ending May 31, 2006
43. LFWK included fraudulent false and misleading financials in their15c-211 filed with pinksheets.com.
44. Trim ship does not open
45. Trim equipment still not delivered from Italy
46. Pinksheets warning on SLJB of "Caveat Emptor"
47. Business sites previously open = 4, Business sites now in operation = 0
48. Kitchen cabinents - $250 million in sales predicted via catelouge when they didn't even have a catalouge
49. Chandler judgment (LFWK ----> SLJB)
50. No Liberian lumber deals.
51. GFYM factor
All the while, the price drifts aimlessly down to the bowels of the intestinel pinkie-lined waste holding tank, ready to be flushed into oblivion. Not pretty, but neither is Peter or this stock. Just my humble opinion.
Petar is back and he has something to say!...........
http://www.careerbuilder.com/monk-e-mail/?mid=26407023
But they can't afford to keep their lights on and pay their rent in Canada. What's up with that? The OSC hearing isn't preventing them from paying their bills. Could it be that there is NO business? Oh, I can hardly wait. :o)
How's that Calgary location doin for ya? Please tell, what don't we understand?
Posted by: 4gemz
In reply to: EarnestDD who wrote msg# 280842 Date:8/25/2007 2:59:08 AM
Post #of 293827
DID YOU MISS THIS PART? THEY'RE NOT OPEN YET IN CALGARY.
They will sell building supplies and replinish as they are sold.
The target market is not Do-It-Yourself guys but contractor's. Contractor's buy in bulk for a discounted price. Do-It-Yourself suppliers sell one price for everybody. Contractor's want supplies delivered with no upcharge due to quantity of purchase.
Guy or Earnest or whoever you are, Don't you know anything about the construction industry?
Oh yippee yi yay. Someone spoke to Steve and you now believe message board posters. Selective hearing. I think this company's actions speak volumes. This is a scam, pure and simple. Peter lied numerous times. Ramaden? Language barriers? Give me a break. Where are your precious AFs? Lumber mills? Gulf Coast rebuild? How smart! I don't buy one ounce of any "long's" statements that Steve said this or that. This is a scam. And SLJB and its numerous ringleaders have proven it by not giving a blessed thing to its investors. No proof. Never a traceable link. Nothing. Andrew DeVries-Scam Artist. Peter V.-Greasy slimey CEO. Steve Sulja-Scapegoat dumbass. SCAM. SCAM. SCAM. Please prove me wrong with proof of your twisted stories trying to suck in anyone so you can sell your crap to the next guy. Anyone that says this is not a SCAM is plain foolish, imo. No one is trying to "destroy" Sulja. What a joke. "Great post long" "You go long" How dumb do you think we are? Well, obviously from the stock price, no one is buying this fantasy. Pedal your goods to the devil. SLJB is crap.
The fact is Red, it doesn't matter what YOU say, what I say, or what anyone on this board says. Sulja has proven itself to be a SCAM. Get used to the fact that your money is gone. Poof! How does it feel?
IMO
Hilarious!!! The 20 billion dollar Vista Group that is so stealth that even Steve Sulja doesn't know it exists! LOL!! Thanks for that one.
Oh Chip, where are you when a good scam needs you.
Who painted this pig today? Same as it ever was. This is not my beautiful Sulja. Watching the days go by. Sulja going under. Same as it ever was.
$40 to make the pig look good. I guess if it makes you feel good. Enjoy.
Lol. Yeah, that should have landed him in jail, and I know we ain't talkin the I-Hub jail. The real deal. Steel bars and Bubba. We can only hope.
jannie, anyone that doubts your honesty, sincerity, and DD by now is a fool. F-O-O-L.
No doubt. One too many scams. He won't surface for quite some time, imo.
So what is your DD based on? In case you missed this one...
oh wait, in your own words..."laughing at silly posters" lol lol lol!!! X 1000. And don't hate the messenger, hate Peter. Lol.
Posted by: janice shell
In reply to: whistles who wrote msg# 293402 Date:2/26/2008 4:33:44 PM
Post #of 293432
IN THE MATTER OF
SULJA BROS. BUILDING SUPPLIES, LTD. (NEVADA),
SULJA BROS. BUILDING SUPPLIES LTD.,
KORE INTERNATIONAL MANAGEMENT INC.,
PETAR VUCICEVICH AND ANDREW DeVRIES
ORDER
(Rules 1.4 and 5.4 of the Rules of Practice (1997), 20 O.S.C.B. 1947)
WHEREAS WeirFoulds LLP is counsel of record for the respondents Kore International Management Inc. (“Kore”) and Petar Vucicevich (“Vucicevich”);
AND WHEREAS on February 8, 2008, WeirFoulds LLP brought a written motion (the “Motion”) to the Ontario Securities Commission (the “Commission”) pursuant to Rules 1.4 and 5.4 of the Commission’s Rules of Practice (1997), 20 O.S.C.B. 1947 for leave to withdraw as counsel of record for Kore and Vucicevich;
AND WHEREAS WeirFoulds LLP submits that leave to withdraw should be granted on the basis that WeirFoulds LLP is no longer able to obtain instructions from Kore and Vucicevich;
AND WHEREAS WeirFoulds LLP has been unable to contact Kore and Vucicevich by registered letters, fax, e-mails and telephone calls since the Fall of 2007;
AND WHEREAS the Commission considers that WeirFoulds LLP has made reasonable efforts to contact Kore and Vucicevich;
AND WHEREAS the Commission considers that Kore and Vucicevich have been properly served with the Motion;
AND WHEREAS Staff of the Commission does not oppose the Motion;
IT IS ORDERED THAT leave for the withdrawal of WeirFoulds LLP as counsel of record to the respondents Kore and Vucicevich is hereby granted.
DATED at Toronto on this 26th day of February, 2008.
http://www.osc.gov.on.ca/Enforcement/Proceedings/RAD/rad_20080226_suljabros.jsp
Posted by: money66
In reply to: underdog150 who wrote msg# 292997 Date:2/17/2008 5:38:52 PM
Post #of 293432
Yup that's for sure, My DD is not based in a journalist from CANADA what about yours?.
gonzilee, there is a super walmart in North Scottsdale Arizona. Check out that demographic. $$Money$$. And they are loaded up with shoppers all the time. Maybe you don't go to Walmart, but who cares if you do or don't? Do you think Walmart opened in one of the richest communities in the US for the heck of it, without doing a demographic study? They actually have more than one location in this city that I am aware of. Biggest company in the world and they don't know what they are doing based on your assumptions! lol!
Here you go. Walmart gourmet foods:
http://www.rollingpricesback.com/walmartgiftsandflowers/cat/Gourmet_Foods/0.html
What a concept!
Companies would love to place millions of products in Walmart stores. But only a few make it. They have a rigorous process to get on their shelves. Do you think Walmart just puts out any ol thing without market testing or some verification and consumer back-up?
Thank you oh expert on consumer spending, gourmet food profit margins, flipping and what not. On the RVGD board, someone said the stock was being diluted, and you said "NO, It's flippers." On this board, someone says flippers, and you say "NO, its dilution." I guess it depends on which stock you are playing at the moment as to which side of the fence you are on.
I understand that John. But where are all of the fabulous things the company PRd to investors? That alone says volumes to me. GLTU.
LOL. He is STUCK with all those shares! No wonder the chat boards are infested with his cronies!! imo.
John, check out SLJB's history if you want to see what SCAM is. Most people got stuck here by dismissing facts and anything other than "to da moon!" scenarios.
Investing in SLJB:
1. Take wallet, pad wallet with cash, mail wallet with cash to Kore International, attention Peter or Andrew. No credit cards accepted. U.S. cash most welcomed.
2. Wait one year, two years, forever. It doesn't matter.
3. Kiss cash goodbye.
IMO.
SLJB Players
DD on SLJB
http://www.suljabrossucks.com/players.html
Andrew DeVries III
-Secretary and treasurer of Kore International
-Director of Kore International (USA)
-Board member THREE S PROJECT DEVELOPMENT LLC (TX, not in good standing)
-Founder and Board member American Qualified Financial Services Inc. (TX, not in good standing)
-100% owner of American Qualified Financial Services Inc. (AQFS)
-Ex pres and CEO Nannaco
-"Mr. DeVries was Sales Director for Internet Direct, Inc. in San Antonio from 1994 to 1997. In 1993, Mr. DeVries founded DeVries and Associates, a financial services company and served as its president until the founding of Nannaco. Mr. DeVries holds a Bachelor of Arts from North Texas State University and a Master of Arts from the University of North Texas" from SEC filing
-IR person for Blitztrader 2005-2006
Petar Vucicevich (AKA Peter Wolfe, Black Pete, Petar Vercicevich, Petar Painter)
-President of Kore International Petar Vercicevich
-Director General of Consultech Construction Management Inc
-Ex Director General of SLJB
-Consultant to SLJB
-(?EX) Secretary and Treasurer of Sulja building supplies LTD.(Ontario 2112174)
- Director of Kore International (Canada)
- Painter for Dante Capaldi homes
- Part owner of failed painting company "Vista"
- President of IBP
-Incorporator of Consultech Construction Management (Michigan)
-Incorporator of IBP Michigan INC (Michigan) (a pharmacy?)
-President?? of Mystic Gardens
Steve Sulja
-Ex Loftwerks CEO
-President of SLJB
-President of Sulja building Materials LTD.
-Director of Sales and Marketing Sulja building supplies
-Pres International Building Products
-Director of Sales and Marketing CCM Inc.
Shahid Khan
-Ex CEO of SLJB
-Ex President of Sulja Building Supplies LTD (Ontario 2112174)
Mark Albert Triesch
-Director of Kore International
-Board member THREE S PROJECT DEVELOPMENT LLC (TX, not in good standing)
-Board member AQFS (TX, not in good standing)
-"Prior to joining Nannaco, Inc. in September 1999, Mr. Triesch operated a general practice that concentrated on business litigation, real estate and family law. He earned his Juris Doctor's degree from St. Mary's University in San Antonio. Mr. Triesch also holds Bachelor's and Master's degrees in English from Texas A&M University, and taught American Literature and composition at the University of North Texas and Texas A&M University" from a SEC filing
Leo Joseph Meloche
-Ex pres of Sulja
-Ex Comptroller of Sulja Bros
Dennis Ammerman
-Ex loftwerks CEO
-Board member of SLJB
-Consultech construction
Leslie A Budway
-Secretary and Treasurer of SLJB(Nevada)
-Secretary and Treasurer of Sulja building supplies LTD.(Ontario 2112174)
-in-house credit analyst for Sulja Brothers
-Credit Analysis Manager for Sulja
-IR for SLJB
-July 29/2007 it has been said that Leslie has resigned all positions at SLJB and is merely a subcontractor now, yet still is listed by the state of Nevada
Tracey Banumas
-Director of Operations for CCM (Consultech Construction management Inc.)
-Kore International's Director of Operations
-nominee account holder
Pranab Pratap Shah
-Employee of Kore International
-nominee account holder
-Honors in planning from Windsor university 2004
Dave Williamson -Ex Lumberyard Manager
-Petar's front man for several companies - See consultech and IBP links here
-Incorporator of Consultech Construction LTD. (Michigan)
-Incorporator and resident agent of IBP Michigan INC (Michigan) (a pharmacy?)
-??? would like to know more :)
Ron Coates
-Sales manager of SLJB
Hedley John Coates -Petars Partner in "Vista" painting
-Incorporator and resident agent of Consultech Construction Management
DeVries Associates
-Robert E. Toway (THREE S PROJECT DEVELOPMENT LLC)
-Allen Mullins (AQFS co-founder and pres)
-Mike Nerone (AQFS)
-Tom Parsons (AQFS)
Miam (Mian) Siddiq
-SLJB CFO
It has now been said this man was merely a subcontractor hired by Petar and not the CFO of SLJB this would explain why it was not PRed just spread through message boards by insiders.
Wally Sulja (Vladko)
-Nominee account holder
Sam Sulja
-Nominee account holder
John Sulja
-Nominee account holder
Andy Sulja
IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c.S.5, AS AMENDED
- and -
SULJA BROS. BUILDING SUPPLIES, LTD. (NEVADA),
SULJA BROS. BUILDING SUPPLIES LTD.,
KORE INTERNATIONAL MANAGEMENT INC.,
PETER VUCICEVICH AND ANDREW DeVRIES
STATEMENT OF ALLEGATIONS
OF STAFF OF THE ONTARIO SECURITIES COMMISSION
Staff of the Ontario Securities Commission (“Staff”) make the following allegations:
Parties
1. Sulja Bros. Building Supplies Ltd. (“Sulja Ontario”) is a company incorporated in Ontario in 1987 with a registered office in Harrow, Ontario. Sulja Ontario is in the building supplies business and has been operating in the Windsor area for a number of years.
2. Sulja Bros. Building Supplies, Ltd. (Nevada) (“Sulja Nevada”) is a company incorporated in May 2006, in the State of Nevada with a registered officer in Las Vegas, Nevada. Sulja Ontario and Sulja Nevada are collectively referred to in this Statement of Allegations as “Sulja Bros.”
3. Peter Vucicevich (“Vucicevich”) is a resident of Ontario. Vucicevich is the former Chief Executive Officer of at least one of the Sulja Bros. companies. Vucicevich is also the director and a majority shareholder of Kore International Management Inc. (“Kore”).
4. Kore is a company incorporated in Ontario with a registered office in Windsor, Ontario. Kore has a relationship with Sulja Bros. through Vucicevich.
5. Andrew DeVries (“DeVries”) is an American resident in Texas. DeVries is an associate of Vucicevich and is also affiliated with both Kore and Sulja Bros.
Manipulative Trading of Sulja Nevada Shares
6. Sulja Bros. is quoted on the Pink Sheets, an over-the-counter quotation system in the United States. It is not listed for trading on any exchange or trading system in Canada.
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”).
8. Between August 2006 and November 2006, Vucicevich and DeVries directed trading in the Nominee Accounts as follows: Sulja Nevada shares were received in large quantities into the Nominee Accounts by journal entry from Transfer Online, a transfer agent in Portland, Oregon, and were thereafter sold from the Nominee Accounts. Vucicevich and De Vries instructed the account holders of the Nominee Accounts when to trade, at what price to trade, and how many shares to trade at a given price.
9. The shares were received into the Nominee Accounts from Sulja Nevada’s treasury either directly or through Kore. In both circumstances, the trading constituted a distribution which requires in each instance the issuance of a prospectus receipt by the Commission for the securities of Sulja Nevada or a proper exemption under Ontario securities law. No such receipt has been issued nor have the Respondents demonstrated the existence of a proper exemption from the requirement, contrary to section 53 of the Act.
10. Within the Nominee Accounts, the effect of the trading in securities of Sulja Nevada as directed by Vucicevich and DeVries and as facilitated by Sulja Bros. and Kore, was to maintain a certain share price in Sulja Nevada, resulting in a misleading appearance of trading activity and an artificial price level for the shares of Sulja Nevada in breach of section 126.1 of the Act.
11. The proceeds of the trading in securities of Sulja Bros. from the Nominee Accounts as described above are approximately $7.8 million (US).
Misleading Disclosure
12. Sulja Bros. issued press releases dated August 11, 2006 and August 23, 2006, in which each time it stated that it was negotiating with KPMG LLP (“KPMG”) and PriceWaterhouseCoopers (“PWC”) to handle all future SEC filings and reporting. The press releases further represented that those firms would be conducting an audit of certain transactions and that the audited financial were “upcoming”.
13. Sulja Bros. issued a press release dated September 5, 2006, stating that it has a contract for building materials in the Middle East which will produce annual revenues of $3.5 million.
14. The representations made in the press releases described above are untrue. Neither KPMG nor PWC have or have had any involvement with Sulja Bros. Furthermore, the contracts in the Middle East referred to in the press release dated September 5, 2006 do not exist.
15. Vucicevich and DeVries are responsible for Sulja’s improper disclosure and for the misrepresentations made in the press releases.
16. By issuing disclosure that contained statements that were in a material respect misleading or untrue, Sulja Bros., Vucicevich and De Vries are in breach of section 126.2 of the Act.
Conduct Contrary to Ontario Securities Law and Contrary to the Public Interest
17. The Respondents have issued false press releases contrary to section 126.2 of the Act that misrepresent the business of Sulja Bros. and its prospects.
18. At the same time, the Respondents have traded or have caused to be traded, large numbers of shares of Sulja Nevada to third parties in a manner which constituted distributions for which no preliminary prospectus or prospectus were filed nor a receipt issued by the Director, contrary to section 53 of the Act.
19. The trading directed by Vucicevich and De Vries and facilitated by Sulja Bros. and Kore have created a misleading appearance of trading activity and an artificial price for the shares of Sulja Nevada contrary to section 126.1 of the Act.
20. The Respondents’ conduct was contrary to the public interest and harmful to the integrity of the Ontario capital markets.
DATED at Toronto this 27 th day of December, 2006.
http://www.osc.gov.on.ca/Enforcement/Proceedings/SOA/soa_20061227_suljabros.jsp
"Your preoccupation with SLJB goes far beyond the small amount of money you claim to have lost."
And is that better or worse than someone's preoccupation with SLJB that goes far beyond their kid's college fund?
Someone with so much to lose makes me suspect. Some people might say anything to protect their investment. I hope we don't have that going on here, but I know that is not the case! Even so, let's all focus on the miserable failures of the company and not on each other! The failures abound!
money66, when the audited AFs were not delivered on that date, as promised by the company, did you expect people would buy more SLJB?
Exactly. What was everyone supposed to do? Keep waiting for the liar Pete to keep pumping this with lying PR after lying PR? It isn't rocket science. I think if anyone was truly an honest person, they would be big enough to call this scam a scam. But they want to keep the scam going at other's expense.
imo
Isn't that the day the CEO Peter promised that audited AFs would be delivered, date certain, (for the multiple time) that everyone was waiting months for, and so he failed to deliver. It was a deliberate lie, imo, which broke the confidence of the investors, who realized this to be a scam and sold all their shares. The price never recovered after that episode. It has since always been known as a scam by the majority of the public, imo. Need I go on? What happened isn't that hard to figure out.
I'm convinced more than ever with that post of yours red, that your money will soon be gone forever. You really do not understand, imo. I think you should call an attorney and ask about this issue. Do this for yourself. Good luck.
Desperate times call for desperate posts I guess. lol. I thought Pete was gonna save this sorry piece of dirt, according to red. Now he is back to including Steve as the man of the hour. Lol. This is hilarious! It is obvious that Steve has moved on, not charged with any crimes, while Pete and Andrew, the two scam artists, are left to try and save their necks, while bag holders abound. Tisk. Tisk. Money=POOF!
Please, stop with the avoidance and answer my question from last week about the PRs. Let's start there, since that was posed to you first, shall we? I said I would like anything in the form of a scan of contracts with signatures, or e-mail's from Emaar or Intech, etc..etc..verifying SLJB's claims as PRd. I am not hard to please. You can take up the "legal proof" issue with Jannie. I am asking your input. What do you have as verifiable proof as to the company's past PRs? It's o.k. if you don't have anything, because I suspect there is nothing to show. And that is o.k. Anyway, I am heading out to enjoy the sun. Catch U later!
Is that all you got? lol. I think the company's history speaks loud and clear. It's really not that hard to figure out. Good luck!
Rotating saviours. First it was Dennis way back when. Then it was Peter. Then it was Steve. Then everyone rallied behind Peter again. Then Peter stepped down after the AF fiasco and people rallied behind Steve. Then Steve said he was duped so they got behind Peter and "Kore"! Now there is talk about "Loftwerks!" and they keep bringing up Dennis' name, and even more recently, we are back to Steve because he has his own business and people are trying to tie that to SLJB.
This is the biggest joke and scam ever!! Poor investors clinging to the dream and looking for any scrap to give them hope. They focus on everything except what I understand to be the fact that SLJB took their money, plain and simple.
all imo.
This is a tired old game. I am sorry your money is tied up in this. Good luck to all the stuckholders! I think you know the facts Hock. You all do. But only a few stuckholders acknowledge the fact that the AFs were not provided as they should have been, and so on and so forth. You always avoid the questions, by posing a question. The game is tired. I don't think most people are as stupid as they pretend to be on this board. My money is not stuck here and you cannot provide proof and peace of mind for the investors, imo. Of course, it is not your duty to provide peace of mind. That is the job of the company, which has failed miserably. Good Luck!!
Hey Hock. Glad you are here! Could you now answer my question that I asked you last week pertaining to providing proof of SLJB's PRs? To reiterate, the SLJB PRs seem to be bogus, because there is zero proof that has been presented as to 95% of their PRs. This is very, very SCAMMY! IMO. It makes be feel like they just PUMPED this to take our money! Do you feel good about all of this? Anyway, thanks for any light you can shed on providing proof! Oh, and by proof, I mean links to actual contracts or a scan of a contract will do. Verification from a company e-mail from Emaar or Intec would be nice. lol. Or photos of Sulja hard at work with the Mississippi rebuild, or the award of gov't dollars to SLJB for same. O.k., You understand, I hope!
What would you like me to bring Red? Can you "bring" some facts to the board? I understand nearly none of SLJB's PRs have ever come to fruition. Can you tell me why? Or, can you show me proof that the items PRd did occur? If you need to reply that all is well, or similar, then please do not reply. I am looking for facts to back up what I understand are bogus PRs. TIA.
How sure are you Red? I think everyone should do some DD on you.
From July.... Lol. lol!!
Posted by: redskiesatnight
In reply to: EarnestDD who wrote msg# 275821 Date:7/8/2007 5:20:19 PM
Post #of 292860
IF YOU ARE NEW TO SULJA READ THIS!
Sulja is a real company!
Sulja has substantail revenue.
The AFs to be released within the next to weeks
will very likely show impressive earnings.
The "MOVE" to Calgary is an expansion.
Sulja intends on expanding to other locations as well.
Sulja has outstanding potential.
REDSKIESATNIGHT
Maybe Home Depot or Lowes is behind the demise of Sulja Bros before they became an international superpower. Ya think?
"The company is currently the victim of a series of
circumstances that were launched by certain individuals
and/or groups of individuals who for some reason
or another had some kind of interest in seeing
SLJB fail."
Please feel free to engage me anytime on those other items, otherwise I assume you have no explanations. Your response sounds like a cop-out. No offense. And I listed .0001 because I do feel that is where this stock will end-up one day soon. I certainly will remove that out of respect for you. This certainly does seem to have resiliency at .001. Congrats to you! Also, if you have some "pros" to investing in SLJB, please let me know so I can add them to the list.
Hock, you seem confident in assessing all things related to SLJB. Can you comment on each item here, particularly those PRd by the company? I am most interested in the status of the events as PRd by the company. TIA. Maybe these are just little hiccups on the way to being a world leader in materials delivery and construction. Ya think?
*Cons*
______________
1. CEO publically declares he was duped by PV
2. Known pinkie crook Andrew DeVries involved
3. Retraction of all PRs
4. OSC investigation
5. OSC suspends trading
6. SEC Investigation
7. RCMP investigation
8. ASC suspends trading
9. Admission of illegal stock sale through nominee accounts
10. ASC denies trading, supports OSC position
11. Alberta location closed, doors shuttered
12. Back rent owed for Alberta location, eviction of Sulja
13. Windsor location closed, doors shuttered
14. Computers seized in investigation
15. AFs never completed. Deadlines missed.
16. Lied about KMPG and PWC doing audit
17. No lumber mill deal finalized
18. No Dubai hotel deal as PRd
19. No cement contract as PRd
20. No tire recycling deal as PRd
21. No Gulf Coast rebuild as PRd
22. No Liberian rice deal (lol) as PRd
23. No truss manufacturing as PRd
24. No company web site. Shut down
25. No "Master Builder" designation really exists
26. Pumped by the now infamous chphl*r (you know who)
27. The Pumper himself was named as PR agency for co. (lol)
28. No sales at the company
29. Vendors claim to be owed money from Sula
30. PV said AFs were delayed because of "Ramadan" lol
31. No casino license in Dubai.
32. Phones for Red Sea being answered in Canada. Too funny!
33. Wessal's website designed in Washington State. Lol
34. Intec (tires) confirms no business relationship with SLJB
35. Leslie admitting Seek & Destroy PR was untruthful. oops!
36. Kronk Gym. Nothing happened.
37. Cheese and Spindle Colchester Develoment. LMAO!
38. No "design centres" in Dubai or elsewhere, as promisd
39. No listing on Dubai stock exchange
40. No $25mil credit line facilitated by Wessal as advertised
41. Fraudulent financials issued for year ending May 31, 2005
42. Fraudulent financials issued for year ending May 31, 2006
43. LFWK included fraudulent false and misleading financials in their15c-211 filed with pinksheets.com.
44. Trim ship does not open
45. Trim equipment still not delivered from Italy
46. Pinksheets warning on SLJB of "Caveat Emptor"
47. Business sites previously open = 4, Business sites now in operation = 0
48. Kitchen cabinents - $250 million in sales predicted via catelouge when they didn't even have a catalouge
49. Chandler judgment (LFWK ----> SLJB)
50. No Liberian lumber deals.
51. GFYM factor
*pros*
__________________
1. price potentially drops to .0001 and someone can make 100% on some sap buying at .0002
What do you find funny about a legal judgement ruling against the company you have invested in? Do you have a more defensible angle for SLJB other than comic relief?
It's kind of strange to me that the post was deleted. The post centered on trying to recover investor monies lost due to this scam, imo. I think any avenue for trying to recover lost investor funds due to misrepresntation and lies should be discussed, as long as that avenue is legal. Do you agree with that?
My opinion is that this is a disgusting, lying, cheating scam that was hatched by a couple of low-life thieves using the front of a small-town lumber yard with a good name to dupe investors of their money by selling lofty, empty dreams to the unsuspecting. It is still a very, very dangerous investment, IMO, because of regulatory investigation and the lying thieves that have been involved are still trying to cash in, IMO. Everyone needs to be careful, IMO.
I didn't post the news Frank. Someone else did. I agree that dates are important when posting news, etc... Congratulations for pointing out that the post was old news. Would you care to discuss the PRs and events that never came to pass, or are those something you do not want to discuss on this public board? I do wonder about the hotel, lebanon, lumber mills, rice, design centers, dubai exchange, gulf coast rebuild, PWC AFs etc.. etc..never coming to fruition and I am curious what you make of all those PRs, if you are inclined.
BTW, I am sitting and waiting, too. :o)
And does it really matter to you when it was printed BF? Aren't you just crossing your fingers and hoping for the best? Don't you have enough information that you have decided to ignore? What difference does it make what the date was? Or are you afraid that there will be ever fewer people sucked into this gem?