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With the probable overissuance, probably even more than that. Read Ammermans lies about "short seller captured capital" I have done my homework. How about you?
That is for loftwerks who went private after diluting the hell out of there shareholders.
They are unsolicited and have not filed a 15c211.
edit LOL it has not even been filed..........
No one is short this illiquid POS that is pretty obvious, there is no volume even ROFL. Guess what that means the next time someone trys to unwind a large position? Bad news and this stock will drop like a stone.
You mean there is a difference between a Transfer Agent and a resident agent ;), Pete.7 must be licking his 11ft aluminum boat instead riding in it. LOL
ROFL
Wasn't it a hot dog stand not a van?
Yep willy wanker quit, poor Frank. They were such a fine pair.
edit-
from: willywizard@comcast.net to: "greedy malone" subject: re: hi willy date: thu, 02 aug 2007 17:33:54 +0000 hello greedy, i felt it best i leave the company. i have various reasons i left and yes i thought hard on the trust issue, with my friends in mind, but it was best i moved on. frank still intends, imo, to open the trust. he told me all the shareholder base at that time was sent to him by helen so those shareholders should be fine as long as he follows through. also i didn't resign so i could buy jmcp shares like many are writing. i have no intentions of investing money in jmcp at this time. no greedy i didn't "just bailed out like you were on fire." your next sentence speaks for itself. and greedy i wasn't receiving pay as contracted and it costs money for me to pay my bills. i have to focus on those that pay my bills and very little time otherwise. hondatown, you’re a nut you know that? lol i have a lot going on that keeps me paying my bills so i have no intention of ever selling cars again. the honda fleet manger job was good because i could actually give people good honest deals but when i left there and went on the floor as retail it wasn’t so good. after about 6 months my conscience was riddled and i slacked off eventually leaving for that reason and i am a diabetic with neuropathy in my feet which is so painful i could barely walk after being out on that hot or cold asphalt for 3 years. the neuropathy is better now but still bothers me on a daily basis. greedy you still the same old penny basher but you are hilarious to read from time to time. at other times i want to sue your ... off but i forgive ignorance easily. rofl keep in touch you are a interesting character lol. glty hal aka willywizard p.s. i met frank love in 2004 at a cmkx funny car race in denver and i do like the guy. i’ll always like him and do wish him the best of luck. i left with no hard feelings on either side and it was a good parting the way for both of us. it was all my doing and not frank’s and he did understand..
-------------- original message -------------- from: greedy malone what about that royalty trust? how could you abandon all those people who you allowed to get in by delaying the cutoff date for a full month? how many of your buddies opened accounts with brokers who would allow them to buy jmcp only to have you bail on them after they bought? my goodness willy, what were you thinking? you and frank have a long history together and you just bailed out like you were on fire. and then frank puts out a silly pr about quadruplicate forms stored in vaults throughout the u.s. and telling employees of jmcp acquisition corp not to make any public statements? what in the loony-tune world is that all about? there are no other officers or employees. what an absolute farce. how can you ever feel as if you will be taken seriously when you sellout for a pitiful $2,500 month and back such a blatant fraud? you better head back to hondatown and start selling civics again. this is not a good gig for you.
You need to read the last one if you liked that
tidbit: (yes the spelling is that bad and he is going off the deep end)
"for security reasons, we are moving our offices. we have asked all jmcp acquisitions corp. officers, employees and corporate representitives to refrain from public statements. we have removed certain addresses from state and federal filings at the permission of said governmental offices. those close to these deals wishing to exit jmcp acquistions corp. have our blessing. we have all documentation stored in quadruplicate in serveral vaults around the united states. these are purely precautionary measures." love goes on to state, "i am fighting tooth and nail for the company and it's shareholders. that oil is ours and no one will take it away from us. " love finishes by stating, "to those that oppose us, to those wishing to bring harm to us, you will not be successful in your endevors.
It is a bad thing for sulja, a lack of assets means all your $ are long gone.
Keep waiting on the AFs ROFL almost 2 years now...... still waiting. Even a 15c211 would be impressive, but that will never happen......
Surely if this company was legit they could come up with 15c211 couldn't they? why can't SLJB?
Your taunting is not very nice. Why would she answer such trash. Maybe it would be constructive for you to look into the ramifications of the lack of a merger between LFWK/SLJB and Sulja Ontario. That will save you money if you understand it.
"How do you know there are no assets for the named persons?"
Because if there were the lawyers would not have dropped the case... for now anyways
"Why does Jannie know what the attorney's reasons are?"
Because she is part of the suit and talks with them
"If she has documents then post them for proof, otherwise this is just more BS? When attorney's drop a case they have to file a document, post it then?.........."
Do your own DD, Do i look like lexis nexis? Just cause your lazy does not mean i have to go and do foot work.....
They want $ SLJB really has little to do with the suit as it is a shell. There are no $ to seize from the persons named in the suit or Sulja (ONTARIO). There was no merger therefore there is nothing in SLJB for shareholders.
Phone the lawyers, they don't post there reasonings on the internet. Jannie may have docs?
An illiquid stock is not a good thing. It means there is no interest in it.
Allegations are just that, until proven guilty in a court of law
Nope, the OSC panel members make a decision, can impose very serious consequences. Then it will probably be passed on to criminal charges that will be decided in a court of law.
You talk of "manipulation" is baseless. All evidence points very strongly in the direction of a massive fraud. The company has done NOTHING to show otherwise. If they could, surely they would.
They closed there main operation down, The tecumseh storefront is redundant, open only 40hrs a week, they own no property, they have little stock, immense capital outlay and little or no revenue from the Calgary operation, they laid off the Harrow staff, The released fins and proforma were lies, no one trusts them due to the lies, They are be taken to task by regulatory agencies of every possible type.... Sounds like they are not good shape in the slightest and they have had ages and many chances to prove otherwise, if they could.......
Don't you think if they could show they were profitable they would it? Its just common sense!
You stated clearly that it is a fact that they are profitable and it is plainly misleading to say that.
Assets are what they want, share price is irrelevant. If there were several million is assets you can be sure they wold have gone after them. I bet there are little to no assets possibly debt in fact.
The threshold for the attorneys would be not even near near 500 million. Anyone who thinks sulja and gang has 500 million dollars is off there rocker. Your argument is bizarre. Do you even understand what market capitalization and assets are? They have little to no relation in pinkie land.
For sure. They are like our FBI, except if you are a small community and need cops but it is not worth having your own force they will come in. Kinda like FBI and rural cops all together. Its good to hear they are asking around!
i would guess it would be from the passion fruit koolaid :) Its far for Fragrant than the the real fruit.
-edit ya beat me to that one :)
Why lazy? if they feel there are no assets they can go after it would be stupid for them to continue to burn _their_ own money to get blood from a stone.
fragrantly? :)
Considering the stuff above the quote you mention, it could be just a bunch of made up numbers like the revenue. The A/S was increased to 800,000,000 (original A/S was 200,000,000!!!!) after this IIRC, Frankley i do not know and don't know that anyone here would/could know.
Selling shares for revenue is not done in the manner they did, the shares either need to be registered or be exempted. They have not been show to have either things applied to them as far as the OSC says and the company has shown nothing to prove that either.
DeVries is the mastermind who has done this stuff before, Petar and Ammerman are almost as bad and it remains to be seen if the suljas were patsys or totally in on it. Personally i think they are all just as guilty.
"Sulja Bros. has achieved steadily increasing revenues since its inception that now average over $30M annually. The company currently has assets totaling more than $25M. It is projected that once Sulja Bros. settles into its new role, revenues could top out at the $200M+ within twenty-four months. The increased inventory alone could place the company's assets at over $125M.
Also, LFWK disclosed its share distribution; a request by Consultech aimed at providing shareholders as complete a disclosure as possible prior to finalizing the LFWK vehicle takeover. The shareholder ownership as described is as follows:
-- 500,000,000 authorized
-- 100,000,000 control block held by Ammerman
-- 200,000,000 in Treasury earmarked for Consultech ownership during and after takeover
-- 50,000,000 in certificate form, owned by enumerated insiders and NOT TRADING.
-- An additional 78,000,000 owned in various certificate and electronic form that is also held by LFWK insiders and accounted for as not currently trading.
-- Leaving approximately 72,000,000 free-trading shares in the public float (50M of which can be accounted for by LFWK management as issued to non-insiders).
Please tell me about the evidence they have provided to fight the allegations against them? Surely the can show us the prospectus? or the exemption. Or possibly explain the very damning nominee accounts?
I strongly believe that Sulja is a failing company with little to no revenue backed with little to no assets.
1. The main operation has been shut down and it stock liquidated
2. The Tecumseh location is redundant and is only open ~40 hrs a week and has no or very little stock on site.
3. The Sams location is a rental property with very little stock relative to the closed Harrow location.
4. The new location is not established and is in a very competitive market with no past history or connections and has admittedly had problems staffing.
5. Sulja Nevada's(SLJB) principal asset is it _interest_ in Sulja (Ontario) There has been no merger between the two according to the state of Nevada. Therefore i believe that the gaffer is correct to say
SLJB common have NO EQUITY in SLJB's private holdings. Your only chance of seeing ANYTHING from the lumberyard is if SLKB goes BK & liquidates its assets into cash. Then, after the bondholders and preferred shareholders are paid, you'll get to divide what is left.
I would love if someone could prove me wrong!
If it is a fact you should be able to back it with proof. I am not calling you names i am saying what you are clearly stating as a fact cannot be backed up as such. Therefore you are misleading the people here.
Please prove what you clearly stated as a fact or admit you are lying.
They have not fought the OSC at all, they have in fact made no effort to clear themselves at all.
Please continue to buy SLJB, all you can. I would love if you would post all your buys in the future to prove your support.
"Sulja Brothers is and always was a functioning profitable business"
I believe the lumber yard was failing and losing money, there is no proof to the contrary. Being closed down is also pretty much a good clue. The ASC is dead on and i applaud their excellent actions. Since you say your statement is a fact please back it with documents.
It was a nice suprise to me, Alberta is very business friendly and usually errs on the side of business not the little guy. When i lived there i was woken up one Sunday morn by loud construction at 7 AMish. I phoned the city and it was A OK for them to start at that time. I was pretty pissed to say the least.
Sulja must have received some warning of this, i would not be suprised if it has had some affect on there opening and such. Not exactly the "Welcome Wagon" LOL I did send the ASC a thank you note this morning :)
I wish they would conglomerate the OSC,ASC,BCSC...... though it would make for a more thorough job the first time i think, maybe make more complexity though. I believe there is a push to do this but fed/provincial stuff is icky.
That is silly, don't you think the ASC does there DD on these matters? They are professionals in the business of securities.
I am sorry you discriminate/dislike people due to their profession. Lawyers can be very helpful many are very good people, my step uncle is a excellent and reputable one.
Yes they are quite reputable.
The money is long gone DeVries is quite experienced in this if you have not researched his long line of dastardly deeds.
Yes its a good sign that the RCMP recently seized sulja's books and computers.
Ps the RCMP and OSC work together there is a joint taskforce.
Now Mr. Pearson is probably going to lose his job.
They are not paid, once they realize there is no money to recover they stop. As there is nothing to recover they lost a lot of $ taking the case as they did not get $.
hink about it what lawyer cares if they win or lose a case because they win either way.
The lawyers work on contingency they did all the work for free as they did not recover any $ that is how they work in these cases. I there was money to recover they would have continued the case.
Money laundering is a complex business that is hard to unravel, that is its purpose in fact. A year for and OSC case is the norm BTW.
They either lied or they did not there is no middle ground. Lawyers are very clear in what they say. If they believed they could not win that is what they would say.
I have Steve Nison's video and 2 books i understand candlesticks quite well thank you. A painted ticker and a spread of .005 -.009 is enough to kill any reading you make.
There is a clear downtrend if you have not noticed the drop from .024 -> .0055
Lawyers do not lie about such things, it can cost them their careers. Ignore the info at your own peril as it means a lot.
Any use of candlesticks on a stock that has its ticker painted daily is idiotic. Not to mention a "white candlestick" is not a buyindicator LOL