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Your imaginary Slobovivich has it wrong. I have neither criminal intent nor a desire to buy putrid scam stock at any price.
My reward has been watching Slobovivich be convicted of a felony, serve prison time and to see an Elmira troll twist in the wind wearing Depends while desperately posting nonsense about regaining his "lost inheritance". Investing in one penny scam is bad enough, but THREE ?? LOL
The only downside is the Sulja's didn't share Slobovivich's fate. All those who participated in the scam deserved slammer time as well as those who profess their admiration of the gang of thieves.
Psychosis is a deadly and sometimes terminal mental illness. Remember the phone conversation where you said you were "dying" and wanted to sell your SLJB shares ? I do !
Tell Slobovivich (standing next to Harvey, the seven foot tall white rabbit) I send my regards.
ROFLMAO
Possibly, the Elmira SLJB troll can provide Slobovivich's cell phone number like he did with Steve Sulja. I know I would like to speak to the thief/liar/conman and express my opinion regarding his heritage. It has been rumored that his mother dropped the bone she was chewing on, ran out from beneath the porch and bit the mailman in the ankle.
IT IS TOO BAD THAT THE LIAR THIEF CON MAN VUCICEVICH CAN'T BE DEPORTED TO SLOBOVIA, THE NATIVE COUNTRY OF SLOBS.
THE FACT THAT HE WAS SOUGHT OUT BY THE ELMIRA TROLL WHO DESIRES HIS COMPANY SPEAKS TO BOTH THEIR CHARACTERS.
ALTHOUGH CREDIBILITY IS NOT A STRONG SUIT WITH THE TROLL, RUBBING ELBOWS WITH THE #1 SLJB SLIMEBALL IS SOMETHING HE HAS ASPIRED TO FOR SOME TIME. VUCICEVICH THE SLOBOVIAN SHOULD TAKE HIS OWN COUNSEL AND GFHM. "H" AS IN HIS !
IF I WERE MR. SLOBOCIVICH, I WOULD TREAD VERY LIGHTLY LESS HE ENCOUNTER ONE OF TH MANY WHOSE SAVINGS WERE STOLEN BY HIM AND HIS FELLOW REPTILIAN COHORTS.
Isn't it time for the guruette to gather her PTOI supporters and wrest the company from incompetent hands. If I'm not mistaken, that was the plan set forth lo, these many months ago. Golly, the stock is so cheap now that a controlling interest in this "innovative" security should be a cinch to secure. Why, even the CEO of JBII Palm Springs might be able to single handedly handle that one and fulfill his dreams of wealth and glory.
The SLJB "countdown" has been going on for eight (8) years. It began with the "countdown" to the "financials" that PV said were in his hands but then oops, they had to be sent back to Bumf--k, Waziristan to be properly "interpreted".
Then the infamous Vucicevich declaration when pressed about the financials... GFYM, and we all known what THAT stands for don't we?
Then, as now, the Elmira Troll has bombarded boards with make believe scenarios where Sulja Bros. makes a miraculous comeback and makes it to the Nasdaq. Same tactic employed in other penny scams the troll squandered his $600,00 plus inheritance on. They too are in "countdown" mode.
How pathetic is that ? If it were not for the contemptible character of the Troll you could almost empathize with him......NOT !
I remember one time when I was 6 or 7 I told a fib. My mother and father took me aside and explained to me that telling the truth was essential if I were to have the respect and trust of my fellow human beans.
I asked my wife if I have ever gone astray.........have I ever lied, made up stories, invented scenarios that were illusory and she assured me that she had never witnessed this aberrant behavior in me.
Then I showed her posts that have been made over a period of seven years that claimed Sulja Bros. penny stock scam was just a "misunderstanding" and the perpetrators were really a bunch of nice guys caught up in a world of bureaucratic crap. She broke down in a bout of semi hysterical laughter. It was that obvious.
Here's to the truth vs. the deviant blabber of trolls who declare they have a master's degree in education.
People I would like to see excoriated on MY trip
1. 'jbgoodtrader'
2. 'eliaman'
3. 'littleangel'
4. 'proammmar'
5. 'bing bang'
6. 'Dave from the yard'
7. 'Murtaza Gurmani'
8. 'redskiesatnight'
9. 'Foghorn Leghorn'
10 'Scott Sullivan'
11. 'Andy Sulja'
Oracle's Fact Finding SLJB Mission
"I'm traveling 'north' soon on a fact finding mission.
I hope I'll be able to match shots with the elder Sulja again."
I wonder how that turned out. Must have been a bit crowded since he was accompanied by Tinker Bell, Bugs Bunny and the entire cast of Looney Tunes.
I also remember the statement that he was having dinner with the Sulja's, Vucucevich (and their lovely wives) You ever see a photo of Lubrica Sulja or whatever her name is ? Aargh.
I wonder if lollipops were the aperitif with balloons and ice cream cones with sprinkles as dessert ?
Life is so much fun when you make it up as you go.
LET ME GET THIS STRAIGHT
The "oracle" states Loftworks=Loftwerks=Sulja Bros. Sulja Bros. in essence went bye bye long ago. Loftworks=Loftwerks is no longer a viable player (remember they changed their name to Sulja Bros. So the "oracle" posts a "financial statement" from 2006 as though it is some sort of triumph. Oh my, he really DOES have extraordinary DD skills. Unfortunately, his $454,000 loss is extant. Remember, when he asked Vucicevich if he would ever be repaid, Petar the Thief of Harrow answered, "you have your (30 million) shares don't you" ? This and an ice cream cone "with sprinkles" mollified that great Elmira, New York intellect. LMAO
This will NEVER have a resolution in the decayed recesses of the ferret's gray matter. When they are kicking dirt into the hole containing the nicotine stained coffin they will cover a plaque that reads, SLJB to da Moon.
Here we go again...........
Sulja probe leads to new allegations
HARROW - After an 18-month investigation, the Ontario Securities Commission announced new allegations Thursday and said more individuals were involved in a local "pump and dump" stock scheme that netted at least $10.4 million.
BY THE WINDSOR STAR JUNE 20, 2008
HARROW - After an 18-month investigation, the Ontario Securities Commission announced new allegations Thursday and said more individuals were involved in a local "pump and dump" stock scheme that netted at least $10.4 million.
The OSC is seeking to recover the money, as well as levy fines of up to $1 million against the individuals involved and ban them from acting as officers of public companies in the future.
A parallel RCMP Integrated Market Enforcement Team investigation against Sulja Bros. Building Supplies Ltd. is continuing.
Windsor lawyer Dan Scott, who represents three of the defendants, including Petar Vucicevich of Colchester, said Thursday he's expecting a trial to start soon.
"Petar is very anxious to start dealing with this," Scott said.
Scott said the RCMP has been in touch with him, but he doesn't know where that investigation is heading.
RCMP Sgt. Marc LaPorte of Toronto said the force doesn't comment on investigations.
An OSC hearing is scheduled for Monday in Toronto, but Scott expects it to be adjourned.
The OSC allegations name Sulja Bros., Vucicevich, who was a former CEO of the company, and a Windsor-based company called Kore International Management Inc., which was run by Vucicevich.
The OSC also alleges a U.S.-based Kore company with ties to Texas resident Andrew DeVries had a role in what it described as a "pump and dump scheme."
Throughout 2006, the OSC alleges numerous false news releases touting deals worth hundreds of millions of dollars were issued on behalf of Sulja Bros., which trades in electronic penny stock markets as SLJB.
At the same time, the OSC says the stock was being sold to investors around the world using brokerage accounts in the names of Kore employees.
The OSC says Vucicevich's Kore company got $3 million from stock sales in 2006, plus an additional US$2.7 million and then $4.7 million from the U.S. Kore company during the end of 2006 and early 2007.
Thursday's allegations add as defendants Steve Sulja, his brother Sam and Kore employees Tracey Banumas of Harrow and Pranab Shah of Windsor.
In an interview last September, Steve Sulja said his family's Harrow lumberyard sold its accounts receivable and payable, but not land or buildings, to Vucicevich in what he called a "handshake deal."
He said family members only got a fraction of what they were promised by Vucicevich.
Sulja, who also became CEO of the Nevada-incorporated Sulja company, said he was duped into believing big overseas deals were being pulled off by Vucicevich.
The lumberyard, a 20-year business started up by his father John Sulja, closed in mid-2007.
The OSC says the history of the stock scheme traces back to a Nevada-incorporated company named Loftworks, which was renovating a Detroit building in 2005 for condominium sales.
Loftworks, which was trading at the time in the penny stock markets, changed its name to Loftwerks and finally to Sulja Bros. Building Supplies on July 21, 2006.
CONNECTIONS
Investors were led to believe in press releases and on Internet message boards that the Nevada company had some connection to the Sulja family business in Ontario as well as other companies run by Vucicevich.
The Loftwerks building project in Detroit was never completed. A U.S. company, Progressive Mortgage Inc., still has a $1.3-million judgment in Wayne County, Mich., against Loftwerks and its CEO Dennis Ammerman, and a separate $1.75-million judgment against Ammerman's former wife.
Progressive's John Chandler said the judgments haven't been paid. He's still looking for Ammerman, but Ammerman's ex-wife, who still lives in Michigan, filed for bankruptcy.
Outside of Ontario and Alberta, which both have trading bans, SLJB stock can still be purchased for about a tenth of a cent a share. That's far from its peak price of just over 21 cents a share in 2006.
Although the company's history has been well publicized, some posters (AKA SLJB loonies) on stock message boards still believe fabulous deals are being kept secret until the OSC issues a long-awaited apology.
{Sound like anyone you know ?)
Whether the SLJB "oracle" believes what he posts or not is irrelevant. The fact is that he spews BS as though it were the gospel truth using ancient make believe factoids and make believe conversations with real people as "proof" to his assertions. I could cite many instances where the "oracle" claimed to have conversations that never occurred other than in his skewed imagination. I could also cite instances where he verbally attacked a 65 year old grandmother because she believed SLJB to be a scam. He then posted her address online which led to her receiving hate mail and threatening phone calls which caused her to undergo a great amount of stress. These are not the acts of someone who would be considered normal. Quite the opposite and the labels "oracle" and "padded shoulders", "ferret face", "Larry" of the three stooges fame were all assigned to this personage not only because of his appearance but because of his online demeanor. Sad but true.
If there was ever a post that exposed an SLJB sycophant, this is it. How psychotic must one be to hero worship a penny stock fraud perpetrator ? Extolling imagined virtues of Vucicevich's intellect and Sulja's Apostolic ties is a ludicrous display of an appalling lack of sensitivity for all those who lost a good portion of their life savings. To me, this is as criminal as the acts of the perps themselves.
Keeping sucking on those cancer sticks pal, and reap the benefits,
Like clock work. The SLJB oracle must have an alarm rigged when there is the slightest activity. Unfortunately for him, it;s all just the dumping of virtually worthless shares.
You can expect another SLJB to da moon message very soon. The Elmira goon sees any kind of tax selling and he's off to the races. His heart flutters, his synapses snap and he hits the old keyboard with renewed fervor. Gotta make up new lies or maybe just repeat the same old lines. Not much to draw upon but he does the best he can. LOL
So predictable, so funny, so psychotic.
The Suljas may have been pawns, played by Vucicevich but they were cognizant of what was going on. Steve Sulja rolled on Vucicevich which helped him escape slammer time. It's interesting how crooks turn upon one another when the crappola hits the fan. Stevie poo, realizing his rep was beyond tarnished rolled up his prayer rug and fled Canada. It would be interesting to discover if he is working with a green card. The Attorney General of Michigan should be notified of the scum that has immigrated from his northern neighbor. That's one thing about Canadians, they are great at hockey AND developing scam penny stocks.
I believe that the Elmira Oracle claimed he was scheduled to meet the scam scum for dinner. That being the Suljas and Vucicevich..... as if they are all on friendly terms. The Oracle has a hole in his marble bag. That doesn't prevent him from posting absolute fantasy proclamations. It's what he does best, in fact it's his life's work, attempting to recoup his lost $454 thou.
who, in their right mind, cares what Vucicevich is up to ? And who cares to read over and over ad nausem, the tripe that was disseminated 7 years ago. It's all old news, as is the demise of SLJB.
Some seem to find great solace in digging up bits and pieces of what was then a pack of lies and now, it is an aged pack of lies.
Abu Dhabi has signed a contract with SLJB for 100 million tons of concrete because their price was so much better than anyone elses. AND, the Sulja's have a $15 export license. LMAO
Where would we be without the oracle to bring back all of the crap that was distributed by the perps ?
Once again, an attempt to mitigate the thievery and lies of Vucicevich, ex CEO of the SLJB scam. Calling Vucicevich MISTER lends him a degree of respectability which is an outrage. Only a fellow creep can see virtue in a despicable person such as the perp house painter. Oh wait, I forgot, he sprung for an ice cream cone with sprinkles, embraced the Oracle and speaks five languages, fluently.
There ya go. Tricky Dicky Nixon did that and look what it got him. LMAO
A rude awakening for some this morning with SLJB. As every monday morning for the last seven years, SLJB has proven to be a worthless scam. The only interest shown in this POS is that of people who still own worthless shares to sell to someone @ .0001.
Anyone who proclaims SlJB a gem waiting for a White Knight should read Alice in Wonderland again or maybe it would be better to stop taking the meds which result in hallucinations.
It's all part of a "pump dead SLJB" campaign begun by the crazed Oracle years ago.
Imagined conversations with Vucicevich, Sulja, their attorneys, OSC employees, anyone of any consequence having to do with the scam and its' participants.
This, along with fake open heart surgeries, strokes and the posting of the address of a 65 year old lady who was an outspoken critic of the scam are tactics employed.
It's very difficult to understand the motives of the tout of a dead scam. Personally, I believe it has to do with drawing attention which is something they lack in the real world.
Elvis, the SLJB scam and the oracle of Elmira all have one thing in common. Ain't nobody home. If it were a marble game, they all lost all of their marbles.
Comparing SKJB ex CEO Vucicevich to some fictional TV character is beyond funny and referring to him as some intellectual giant is even funnier. If I remember correctly, one of his accomplishments, among many, is his ability to fluently speak 5 languages. That is, English, poor English, Pigeon English, Pig Latin and Gibberish.
Take a good look at this creep's photo and tell me what an incredible intellect he sports ROFLMAO. After his infamous photo was published, people bailed out of this crap pump and dump like the 101st Airborne Screaming Eagles. He WAS such a photogenic dork.
Ex CEO Vucicevich answered the question by saying,,,,, "You own shares don't you" ? And that's what you got for your invested $454,000 - 30 million worthless shares.
"He giggled when I asked him questions" ..........Duh, that speaks volumes wouldn't you say ?
What PV WAS good at was lying and stealing. "He never answered my question about house painting".
Add sneaky evasiveness to his other "attributes". And STILL the light hasn't dawned on Elmira's answer to Warren Buffet, aka the dullest knife in the drawer.
What you see is an SLJB induced Obsessive Compulsive Disorder. It has become a significant part of life practicing obscurantism almost daily, citing whatever bits of nonsense gleaned from "exhaustive DD". Losing close to half a million dollars on a penny scam may be the cause of it. Although I'm not certain, I think the fundamental problem has been there all along even prior to massive penny scam losses. Truly a sad commentary.
IT WAS A WONDERFUL DAY TODAY
'LET'S PLAY FOUR'
FERRET FACE, MOE, PHIL SPECTOR, THE PARIAH
LOL
The most casual observer sees that all of the BS emanating from the SLJB spokesperson originated in 2006 - EIGHT FLIPPING YEARS AGO. Since that time, all of the mentioned "players" have bellied up. Consultech, LFWK, SLJB and when did you last hear of the Red Sea Group ? If the attempts at obfuscation weren't so pathetic, they would be funny. As it is, it just becomes boring hearing the same "any day now" for the last eight years. When will it end ? Apparently never for if eight years isn't long enough, how much time must expire ? The sad part of all of this is that people respond to this irrational crap and I'm not innocent of this. It is just so tempting to call BS when you see it so blatantly flung about. So my primary question remains unanswered......if as stated, SLJB shares are so tightly held and there is little or no chance of prying them loose from the clutches of the Suljaberites, what is the purpose of posting all of this crap ? Who is the pariah trying to convince, the disbelievers, or HIMSELF ? I submit, the latter.
Oh wait, there is no TA for SLJB......or anything else besides the name of a POS of a penny scam. Funny how attempts are constantly being made to bring some life back to this pile of crap. First, it's Steve Sulja and his miraculous contracting company then it's Loftworks or is it Loftwerks or Loftwork ? It's what's known as throwing crapola at the wall to see what sticks. Problems is it's a teflon wall.
Maybe SLJB's TA can confirm the OS or did the pariah of Elmira make up another outlandish lie? The OSC said there were almost 500,000 shares OS. Now who do you trust, a pariah or the OSC ?
A Shining example of the intellect of a leading cast member of the SLJB scam. The piece of trash was written by the Serbian/Canadian Rainman replete with spelling errors. At least Rainman had some redeeming qualities, like card counting.
OUTSTANDING !
Every time you pick up a rock, out come the SLJB vermin. And the funniest part is that someone keeps drawing attention to the fact that most of the players were/are human detritus. Makes you wonder if there is a treatment for the psychosis. Shock therapy ? Hook 'em up to 440V AC ?
HARROW - After an 18-month investigation, the Ontario Securities Commission announced new allegations Thursday and said more individuals were involved in a local "pump and dump" stock scheme that netted at least $10.4 million.
BY THE WINDSOR STAR JUNE 20, 2008
HARROW - After an 18-month investigation, the Ontario Securities Commission announced new allegations Thursday and said more individuals were involved in a local "pump and dump" stock scheme that netted at least $10.4 million.
The OSC is seeking to recover the money, as well as levy fines of up to $1 million against the individuals involved and ban them from acting as officers of public companies in the future.
A parallel RCMP Integrated Market Enforcement Team investigation against Sulja Bros. Building Supplies Ltd. is continuing.
Windsor lawyer Dan Scott, who represents three of the defendants, including Petar Vucicevich of Colchester, said Thursday he's expecting a trial to start soon.
"Petar is very anxious to start dealing with this," Scott said.
Scott said the RCMP has been in touch with him, but he doesn't know where that investigation is heading.
RCMP Sgt. Marc LaPorte of Toronto said the force doesn't comment on investigations.
An OSC hearing is scheduled for Monday in Toronto, but Scott expects it to be adjourned.
The OSC allegations name Sulja Bros., Vucicevich, who was a former CEO of the company, and a Windsor-based company called Kore International Management Inc., which was run by Vucicevich.
The OSC also alleges a U.S.-based Kore company with ties to Texas resident Andrew DeVries had a role in what it described as a "pump and dump scheme."
Throughout 2006, the OSC alleges numerous false news releases touting deals worth hundreds of millions of dollars were issued on behalf of Sulja Bros., which trades in electronic penny stock markets as SLJB.
At the same time, the OSC says the stock was being sold to investors around the world using brokerage accounts in the names of Kore employees.
The OSC says Vucicevich's Kore company got $3 million from stock sales in 2006, plus an additional US$2.7 million and then $4.7 million from the U.S. Kore company during the end of 2006 and early 2007.
Thursday's allegations add as defendants Steve Sulja, his brother Sam and Kore employees Tracey Banumas of Harrow and Pranab Shah of Windsor.
In an interview last September, Steve Sulja said his family's Harrow lumberyard sold its accounts receivable and payable, but not land or buildings, to Vucicevich in what he called a "handshake deal."
He said family members only got a fraction of what they were promised by Vucicevich.
Sulja, who also became CEO of the Nevada-incorporated Sulja company, said he was duped into believing big overseas deals were being pulled off by Vucicevich.
The lumberyard, a 20-year business started up by his father John Sulja, closed in mid-2007.
The OSC says the history of the stock scheme traces back to a Nevada-incorporated company named Loftworks, which was renovating a Detroit building in 2005 for condominium sales.
Loftworks, which was trading at the time in the penny stock markets, changed its name to Loftwerks and finally to Sulja Bros. Building Supplies on July 21, 2006.
CONNECTIONS
Investors were led to believe in press releases and on Internet message boards that the Nevada company had some connection to the Sulja family business in Ontario as well as other companies run by Vucicevich.
The Loftwerks building project in Detroit was never completed. A U.S. company, Progressive Mortgage Inc., still has a $1.3-million judgment in Wayne County, Mich., against Loftwerks and its CEO Dennis Ammerman, and a separate $1.75-million judgment against Ammerman's former wife.
Progressive's John Chandler said the judgments haven't been paid. He's still looking for Ammerman, but Ammerman's ex-wife, who still lives in Michigan, filed for bankruptcy.
Outside of Ontario and Alberta, which both have trading bans, SLJB stock can still be purchased for about a tenth of a cent a share. That's far from its peak price of just over 21 cents a share in 2006.
Although the company's history has been well publicized, some posters on stock message boards still believe fabulous deals are being kept secret until the OSC issues a long-awaited apology.
DENNIS AMMERMAN SLJB/LFWK is a BAD boy. ROFLMFAO
Catoosa CountyDennis Ammerman
Arrest Information
Full Name: Dennis Ammerman
Date:10/16/2013Time: 1:00 PM
Personal Information
Arrest Age:57
Charges
BENCH WARRANT CCSO-GIVING FALSE NAME; DRIVING W/O LIC;
STATUTE: 99-2
BOND SURRENDER-DRIVING WITHOUT A LIC.
STATUTE: 99-1
Now why would Denny give a false name ? LOLOLOLOLOL
It's just too bad that ALL of the SLJB fraudsters didn't receive slammer time. If it weren't for the fact that Canadian laws are so flipping liberal, they all WOULD have been and not just locked up on weekends. Steve Sulja, the Apostolic hypocrite would not have enjoyed the Bubba experience very much whereas Vucicevich and his "embracing" proclivity probably would have thrived in that environment.
Q. What do Petar Vucicevich and Sandy Winnick have in common ?
Q. They are both ex CEO's of penny scam companies, they are both liars, crooks and criminal scum and they share a mutual admirer who lost mucho dinero to both con artists. I wonder if "Sandy" ever shared an embrace with the admirer, ruminated regarding karma and bought him an ice cream cone.
My beautiful wife and I met and had dinner with SLJB ex CEO Mr. Peter Vucicevich and his lovely wife. I gave Petar a tinker toy set in appreciation for all he has done for SLJB shareholders. It was a lovely evening and I hated to spoil it my asking when he would be released from his incarceration. He bought me an ice cream cone with sprinkles for desert.
Losing $450,000 on SLJB and other pinky scams is the sign of a sophisticated, competent (note proper spelling) investor ?
I think not ! Penny stocks are only for those of higher education such as dropouts form Corning Community College of Elmira.
Does anyone else see a "slight inconsistency" regarding meetings with Petar Vucicevich and/or the Suljas ? Sometimes it's difficult to keep your stories straight when wacked out on ADDERALL,
Saturday, 07/26/14 02:01:12 PM
My wife and I returned last week from a little excursion through Colchester. We had dinner with Petar and his lovely wife Tammy at the local marina restaurant there.
Thursday, 07/31/14 04:02:26 PM
I wonder if Petar has already been released from his weekend sentence for good behavior?
Funniest PR ever released. It is certainly a good thing they found a "new source of revenue" because the old source went belly up when the OSC shut them down. Golly, and I was one of the culprits.
HOLD 'TIL THE NSDAQ ! ROFLMFAO
SLJB Takes Offensive Position: States Forward Momentum Toward Original Business Goals
LAS VEGAS, NV, Apr 13, 2007 (MARKET WIRE via COMTEX) -- SLJB (PINKSHEETS: SLJB) today announced that it began a "seek and destroy" mission on all individuals and/or the organizations they either directly or indirectly represent tied to slanderous media campaigns and internet blog-site defamations. A spokesperson for the company said today the SLJB has had its first success in dealing with one of these scandalous persons and are now in the position of collecting damages tied to the outcome of the legal proceedings which followed the identification of the guilty party through the discovery of their IP (internet protocol) address that they utilized to post their unsupported and slanderous attacks on both business and personal issues involving the company.
"We can almost consider this a new source of revenue for our company," the spokesperson joked. "There are a lot of people on the hook for this non-sense, and we know who they are. We also know the platforms from where they attack our people and our organization. We will bring them all to like terms," the spokesperson continued.
The Company wanted to state its gratitude to its shareholders through this difficult time for their patience and understanding. SLJB will now move forward and only forward toward its original and still noteworthy goals it set in the beginning of this IPO initiative.
We made promises to shareholders and to longstanding business partners. We intend to keep them, and no one or no group will deter us from this ever.
Except for the historical information herein, the matters discussed in this news release include forward-looking statements that may involve a number of risks and uncertainties. When used in this press release, the words: believes, intends, anticipates, expects, predicts and similar expressions are intended to identify forward-looking statements. Actual results could differ materially from those expressed in, or implied by, the forward-looking statements based on a number of factors, including, but not limited to, costs, risks and effects of the on-going review by the Company, including the impact on the Company's ability to provide timely information as to the Company's business, operating results and financial condition; costs, risks and effects on the Company's business and the trading of its stock of legal proceedings and investigations, including the enforcement proceeding commenced by the OSC and the inquiry being conducted by the SEC; and the impact of the OSC order that trading in the Company's securities cease. Except as expressly required by the securities laws, the Company undertakes no obligation to update such factors or to publicly announce the results of any of the forward-looking statements contained herein to reflect future events, developments, or changed circumstances, or for any other reason.
SOURCE: Sulja Bros. Building Supplies, Ltd.
And then the final nail (so to speak)
Citation: 2014 BCSECCOM 32
Reciprocal Order
Petar Vucicevich, Steven Sulja, Pranab Shah, Tracey Banumas
and Sam Sulja
Section 161 of the Securities Act, RSBC 1996, c. 418
Introduction
¶ 1 This is an order under sections 161(1) and 161(6)(c) of the Securities Act, RSBC 1996,
c. 418.
Background
¶ 2 Petar Vucicevich, Steven Sulja, Pranab Shah, Tracey Banumas and Sam Sulja are subject to orders made by the Ontario Securities Commission on June 29, 2011, in Sulja Bros. Building Supplies Ltd. and others.
Order
¶ 3 After providing Vucicevich, Steven Sulja, Shah, Banumas and Sam Sulja an opportunity to be heard and considering staff’s submission, and considering it to be in the public interest, we order:
Vucicevich
1. under section 161(1)(b) of the Act, that Vucicevich cease trading in, and is prohibited from purchasing securities permanently;
2. under section 161(1)(c) of the Act, that all of the exemptions set out in the regulations do not apply to Vucicevich permanently;
3. under section 161(1)(d)(i) and (ii) of the Act, that Vucicevich resign any position he holds as, and is permanently prohibited from becoming or acting as, a director or officer of any issuer or registrant;
Steven Sulja and Sam Sulja
4. under section 161(1)(b) of the Act, that Steven and Sam Sulja cease trading in, and are prohibited from purchasing securities until June 29, 2026;
5. under section 161(1)(c) of the Act, that all of the exemptions set out in the regulations do not apply to Steven and Sam Sulja until June 29, 2026;
6. under section 161(1)(d)(i) and (ii) of the Act, that Steven and Sam Sulja resign any position they hold as, and are prohibited from becoming or acting as, a director or officer of any issuer or registrant until June 29, 2026;
Shah and Banumas
7. under section 161(1)(b) of the Act, that Shah and Banumas cease trading in, and are prohibited from purchasing securities until June 29, 2016;
8. under section 161(1)(c) of the Act, that all of the exemptions set out in the regulations do not apply to Shah and Banumas until June 29, 2016; and
9. under section 161(1)(d)(i) and (ii) of the Act, that Shah and Banumas resign any position they hold as, and are prohibited from becoming or acting as, a director or officer of any issuer or registrant until June 29, 2016.
¶ 4 January 22, 2014
¶ 5 For the Commission
Hmmmmm, another "Wikileaks" story, this time it was ValueWiki. Oh those darned Wiki folk.
________________________________________________________________________________________________
This is another post about how ValueWiki’s collaborative due diligence helps expose criminal CEO’s.
Once a penny stock reaches the front page of the InvestorsHub message boards, it’s just a matter of time before the stock crashes and the SEC cracks down. Just look at IDWD and CSHD.
In November, ValueWiki was lucky enough to find this article from the Windsor Star in Canada and publish it on our Sulja Bros. Building Supplies, Ltd. (SLJB) page. Sulja Bros had been trading around one cent per share, and soared as high as 21 cents when the company announced several hundred million dollar construction deals in the middle east.
A curious reporter from the Windsor, Canada Star Newspaper decided to check out Sulja’s local offices and interview their CEO, “Black Pete” Vucicevich. The local paper snapped and published this photo.
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Apparently, he’s called “Black Pete” because he always wears black. At any rate, the article reported it was unlikely Sulja Bros was closing hundred million dollar deals considering their office was in shambles and had no employees!
Vucicevich fired back at the reporter, issuing a lengthy press release which succeeded in drawing even more attention to the bad publicity. At this time, ValueWiki began publishing the details of SLJB’s repeated delays of audited financials.
The publicity received from the Windsor Star article was enough to draw in the Ontario Securities Commission as well as the SEC, who halted trading on the stock.