Hunting Value
Explore small cap ideas before they hit the headlines.
Explore small cap ideas before they hit the headlines.
This is my last post to you since you are not reasonable.
That is all.
"how about a disgruntled shareholder who's been screwed by management? are they basher/bullies?
then there was no mention about ME deals? no cement, just drywall and screws."
To be honest, you really do sound angry and I would be too if I'd sold under the presumption that this company is a fraud. I haven't made that decision, yet.
Then there was no mentions of ME deal because I didn't bring it up. No, I did not ask about ME deals. I may ask about ME deals when I call next week. I'm actually extremely excited that SLJB has the foresight and courage to pursue ME deals.
Next week I plan to ask some questions that she'll be receptive to. I'm not going to badger her. I'm going to ask some reporter style questions. Things like, "why should an investor consider SLJB as an addition to their portfolio?" I'll also ask about the audit. I'll ask questions that let Leslie answer as IR for SLJB. I want to see what she has to say about SLJB. I'm going to give some opened ended questions and let her shine for SLJB. Or at least... as an investor in SLJB these are my hopes.
Who knows what tomorrow brings. All I know is that I haven't invested more than I'm comfortable with. However, if this is a fraud or scam I look forward to the OSC, SEC and w/e other organizations issuing justice as appropriate... But I wouldn't be here saying what I'm saying if I didn't know in my heart that SLJB is innocent and engaged in building Canada, the US and TRYING to build the ME!
You're welcome, sir.
She's probably timid from folks like you and the term basher probable came from... folks like you! Oh, and since when was it forbade to express yourself with common language like the term "basher"? We didn't "chit chat". We had a short five minute discussion. IMO, from talking to her she's under pressure.
Take a hike, IMO.
That reminds me of Jack Handy's deep thoughts.
It makes perfect sense to me... here in the good ole U S of A we call that: $heht or get off the pot!
I talked to SLJB investor relations (Leslie) over the phone today. She said they are trying to have the audit complete before 5 July. She also said that the OSC had requested another extension beyond the 5 July date and that SLJB lawyers had declined the OSC request.
I asked for an update on the audit and she said that she could only say they are trying to have it done before 5 July. She said something about having more information by next week and I asked if it was okay for me to call back next week. She said yes.
The first time I called I was forwarded to a voice mail that was full. The second time I called I mentioned the full voice mail. I was then forwarded to another lady that said, "oh, you want to talk to Leslie". That's when I finally talked to Leslie. Leslie is very busy and told me that she can't always get to the phone.
I asked, "So, how's business?" She said this is a busy time in the year and business is good. She's happy about the Calgary location. I also asked, "how does the acquisition of SAM's fit into the SLJB equation?" It was a question I know the answer to but I just wanted to see how she received and answered it. She answered fine... Drywall, other building materials that will fit into SLJB Building Supply.. yada yada...
She asked me my name, twice. I told her my first and last name both times. I have nothing to hide. It was pretty obvious that she's wary of "bashers" or what I would call bullies calling.
She definitely sounds like someone stressed and busy. Maybe not the best for IR but that doesn't bother me too much.
If you call, try to be concise and to the point. Don't be rude and don't make accusations. Let the OSC handle being rude and tossing around accusations and asking for extensions to build a better case after being derailed by facts that don't support the OSC case.
Just keep it short and then post what you thought of what SLJB IR had to say.
The ask remains at .015 even though it's down significantly.
Shareholders should seem some news/comm from the company pretty soon IMO.
Oh gawd... as I was typing that I just knew someone will post a reply with something digustingly cute like, "shareholders deserve to see xxx behind bars blah blah blah". Oh puhleeeze! /vomit
So you agree with Ed.
all upfront and honest reports from DeVries. No apparent fraud.
http://sec.edgar-online.com/2003/01/22/0001015402-03-000145/Section22.asp
http://finance.yahoo.com/q?s=NNNC.OB
http://biz.yahoo.com/iw/070521/0255632.html
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/12-05-2003/0002070204&...
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=3808935&Type=HTML
The rest is a quote from Edgar:
Certifications
I, Andrew Devries, III, certify that:
1. I have reviewed this annual report on Form 10-KSB of Nannaco, Inc.;
2. Based on my knowledge, this annual report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this annual
report;
3. Based on my knowledge, the financial statements, and other financial
information included in this annual report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this annual report;
4. The registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:
a) designed such disclosure controls and procedures to ensure that material
information relating to the registrant, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the
period in which this annual report is being prepared;
b) evaluated the effectiveness of the registrant's disclosure controls and
procedures as of a date within 90 days prior to the filing date of this annual
report (the "Evaluation Date"); and
c) presented in this annual report our conclusions about the effectiveness of
the disclosure controls and procedures based on our evaluation as of the
Evaluation Date;
5. The registrant's other certifying officers and I have disclosed, based on our
most recent evaluation, to the registrant's auditors and the audit committee of
registrant's board of directors (or persons performing the equivalent
functions):
a) all significant deficiencies in the design or operation of internal controls
which could adversely affect the registrant's ability to record, process,
summarize and report financial data and have identified for the registrant's
auditors any material weaknesses in internal controls; and
b) any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal controls; and
6. The registrant's other certifying officers and I have indicated in this
annual report whether there were significant changes in internal controls or in
other factors that could significantly affect internal controls subsequent to
the date of our most recent evaluation, including any corrective actions with
regard to significant deficiencies and material weaknesses.
Date: January 21, 2003
/s/Andrew Devries, III
Andrew Devries, III
President
Page 18
I, Andrew Devries, III, certify that:
1. I have reviewed this annual report on Form 10-KSB of Nannaco, Inc.;
2. Based on my knowledge, this annual report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this annual
report;
3. Based on my knowledge, the financial statements, and other financial
information included in this annual report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this annual report;
4. The registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:
a) designed such disclosure controls and procedures to ensure that material
information relating to the registrant, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the
period in which this annual report is being prepared;
b) evaluated the effectiveness of the registrant's disclosure controls and
procedures as of a date within 90 days prior to the filing date of this annual
report (the "Evaluation Date"); and
c) presented in this annual report our conclusions about the effectiveness of
the disclosure controls and procedures based on our evaluation as of the
Evaluation Date;
5. The registrant's other certifying officers and I have disclosed, based on our
most recent evaluation, to the registrant's auditors and the audit committee of
registrant's board of directors (or persons performing the equivalent
functions):
a) all significant deficiencies in the design or operation of internal controls
which could adversely affect the registrant's ability to record, process,
summarize and report financial data and have identified for the registrant's
auditors any material weaknesses in internal controls; and
b) any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal controls; and
6. The registrant's other certifying officers and I have indicated in this
annual report whether there were significant changes in internal controls or in
other factors that could significantly affect internal controls subsequent to
the date of our most recent evaluation, including any corrective actions with
regard to significant deficiencies and material weaknesses.
Date: January 21, 2003
/s/ Andrew Devries, III
Andrew Devries, III
Principal Financial Officer and Director
Not likely.
Maybe you should be more respectful of Sally's experience and listen better.
And they can't keep up with the Alberta construction boom. You don know about the Alberta construction boom... right?
Prove it was a lie. Oh, you can't.
Google is not DD...
GLTU, that is all.
Do your own DD and don't buy or sell based on what I post.
GLTU
Yes, Petar V. has done a lot of good things for the construction industry. Glad you are finally on board.
Those who sold for a loss after less than a year of holding were short sighted.
GLTA Longs
895,390 currently trading at .015.
This is totally going to tank to .001-ish and then I'm going to swoop in with my recently settled funds before the sky-rocket back to last years highs.
IMO
Was there anything worth reading tonight?
Can someone provide a link to whatever this talk about "fragrant" and SLJB is?
TIA
near the bottom
I saw something else interesting too.
Glad to see you agree. Things finally adding up eh?
I was just in Alberta and I can tell you that the locals are pretty in-tune with whats going on there. You know, they read the local papers and know what's going on in Alberta.
The folks I talked to there said that Alberta is hiring labor from as far away as China and that there has been serious concern over the pace of expansion and work related injuries. Also, Alberta is wise enough to realize that expending 100% of it's own resources for a short-term high yield growth spurt would be short sighted.
Just because you have exactly $250,000 in the bank doesn't mean that you pay $250,000 cash for a house. You don't blow your whole roll like that. Alberta as a province has said over and over again that it is seeking resources to support it's growth. Alberta is hoping for new residents that will now call Alberta home.
The big picture as far as possible Alberta/SLJB relations is not far fetched at all.
GLTU
Nope and they didn't cry over spilled milk either.
3 sides, actually.
Without hope all is lost...
Patience grasshoppa. Give it a year and then ask again. That is all I have to say about that.
Sure, I'll engage in the friendly wager. It's a wager we all have known about and the waiting game can't go on forever. Sooner or later the audited numbers will come.
Although I will certainly publicly admit if I am wrong in believing the claims of SLJB I will make no promises as to my posting. If SLJB comes up 40% short as opposed to 30% or better SLJB will still soldier on.
I know what I see. I'm proud to be an American and I'm proud to see my commonwealth brothers at SLJB doing positive things around the world.
Well, I guess everything hinges on this wager. I've accepted it, friend. lmao
LOL I forgot what the wager was... Something about SLJB will do better than worse? Sure I'll wager, isn't that obvious?
No worries, I won't even try to spin your post. All I have to say and all that is reasonable to say is this: Time will tell. I hope you are right, for your sake. I mean, you really seem wrapped up in this. I hope you didn't invest more than what you were comfortable with.
As to your qustions about the $16M and if the claims are true or not, I'll say it again: No one here on these boards can answer your questions. Finally, I'll say it again: Time will tell...
Get it? It's simple.
One word: No
SLJB did not run a pump and dump. Pump and dumps are ran every day in several stocks and it's not always the company that is responsible! Wow, what a concept!
Are you talking about the same Canada based company that absorbed the US company LFWK? Oh... yeah, thought so!
Try again, nub.
Thanks and good luck to you too
When considering the outcome of the OSC investigation it is important to consider the BIG PICTURE. Alberta is part of this big picture because of the large scale construction boom in Alberta. Alberta is getting a lot of attention right now because of the fact that it is a significant economic factor for Canada. Alberta CAN NOT get enough internal resources to support its growth and is looking outward. I know this because I've been there... I've read the papers and I've talked to people. Alberta has hired labor from as far away as China. And everyone who says that Alberta has plenty of LUMBER to support it's own needs is narrow in view and fails to realize all of the other needs: concrete, dry wall and other building materials/resources.
So... Back to the OSC investigation. The general perception is that SLJB has made misleading claims regarding its business operations. This perception is mainly held by bitter short term investors who have sparked the flame of doubt in so many folks.
I'm not bitter of the OSC investigation. Thank god for the OSC and organizations like the OSC. Right now SLJB is getting a good look in the mirror. This investigation is forcing management to take another look and making them realize how they appear from the outside.
Okay... so really... back to the OSC. My opinion is that the OSC will look at the big picture. The OSC will witness a growing Canada and a spirited international company trying to make its mark. In my opinion, the OSC will advise a warning that SLJB is being watched closely and SLJB's response will be that SLJB has always known this and never had any mal-intent.
That's the game as I see it entering the 7th inning stretch.