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Because Petar has been a private business for so long, he still thinks and acts along those lines. For example, he grows impatient when questioned over and over about the A/F's. In Petar's world, we already "have" the figures... he published them on the web site. All the audit is going to do is verify them, and Petar has not one bit of trepidation about this happening.
He also "knows" exactly what has taken place for deals and incorporated that projection into the proforma. He is extremely confident that those figures also will be the same or better. He knows what deals are very hot, hot or tepid, and those will become the reality of our third and fourth quarter numbers. I just can't smell a rat here at Sulja, no matter how much it's questioned and maligned. I truly think this little pink is going to be the little engine that could... and Will!
If 10% of what USSE claims is true, we are looking smack into the foreign oil solution of the future. Period. My personal investment horizon is much longer than most on this thread, but I stand perplexed that this gentleman has gotten to this stage, even proving the validity of the claims, having a third party lab confirm the results, and yet, not one national news outlet even bothers to send a cub reporter!
I explain to friends and relatives how this process converts soy beans into inexpensive "Green" fuel that can power any number of internal combustion engines and their eyes light up. Not from the investment aspects of the idea, but rather that they see a way to eliminate the high cost and tenuous footing of reliance on foreign countries for our energy. In a word, the technology is "Stunning!"
So what do we have here? I am loathe to buy in to the conspiracy theory about the 60 mpg carburetor that Big Oil bought and buried. But at risk of sounding a wee bit PollyAnna-ish, is the entrenched energy lobby strong enough to continually make new technologies "go away?"
I "get" the deal about Pink Sheets mostly being scams. I get that John appears to some as little more than a snake oil charlatan with a headset. I really get the interminable claims of evil shorters driving companies out of business. But when I see the faces of folks discoving this amazing concept for the first time, and seeing how different our country and world could be if... only 10% of what they claim turns out to be true. Long and strong and GLTUA.
That pilot is a National Guardsman who flies AirEvac in civilian life. Amazing bravery to set that thing down on a house!
It would seem by Petars comments there will be no change, at least "lower" to the already published EPS when the AF's come. Considering this and that we will finally see the rest of this immense hidden iceberg of ownership, structure and assets, where do you think this thing be valuated, conservatively, by the end of November?
Klon, at least Cyber won't have to ship the financials back and forth to Dubai a dozen times before their release like Sulja Brothers seems to. LOL
What's the difference if we still qualify for the Dubai exchange? I've always wondered that. Heck, we have an uphill fight to even get financials out and qualify to get off the darn Pink Sheets! I think what we're seeing is a lot of investors who believe two weeks should be enough time to get a few t's crossed and i's dotted and they've simply "had enough."
I've been in this thing long enough to enjoy a much longer investment horizon but I certainly empathize with the frustration a lot of others are feeling. I still don't understand why the Arabs have so much influence in how, why and when a small Canadian company does things. Who's our Daddy? Stay tuned as we are about to find out.... someday.
I emailed ScotTrade about the name change and got this response:
Thank you for your email. We are unable to post the new shares of US Sustainable Energy Corp (symbol: USSE) until the new shares are paid by the company.
What does the company have to "pay?"
Any of you pros can clue me in. Thanks in advance.
Just anecdotal info, I was ordering some customized Cyber Minis for my wife's business a few minutes ago and asked the sales associate how the show in Hawaii was going. She said everyone was really excited who had talked back and forth so far. She believed we would still get a PR later today or early tomorrow concerning the show.
Fish, isn't it funny how we keep running into these shorts who get themselves into a pinch when a company starts delivering? However, after my experience in LFWK/SLJB and now, CKYS, the companies HAVE to keep executing their strategy and the short position becomes just a bonus for the investor. These fledgling businesses absolutely must keep moving ahead by growing revenue, verifiable profit and moving to better exchanges. They aren't allowed even a burp along this road. But if they do succeed, the short squeeze is a wonder to behold. As Mark Cuban likes to say, "Shorts do not kill good companies. Good companies kill the shorts." GLTUA
Nordic said, "I love LFZA." So you sold it. That makes a lot of sense. Why don't you come see us after the demonstration and let us know if you've bought your few shares back. We are all dying to know...
I believe UBSS has some short exposure over in SLJB, too. I'll be so glad when these vampires finally eat their "shorts" as these little story stocks start living the story of profitability!
New to this company and glad to be here. In today at .28 and .34 and absolutely thankful for all the quality DD provided. Even Stevie Wonder could see this is a "No Brainer." GLTUA
Sand, I really don't think Petar needs that much time to straighten this out. Friday seems like a great day to post the A/F's and I believe that's what we'll see. Boy, PV is getting a trial under fire with this puppy. You've got to appreciate his trepidation to promise things after this. For all those who berate his communication attempts, I like the fact that he wants to tell us what's going on to the best of his knowledge. Heck, I still trust the guy to deliver my "greatest return in the stock market."
The audit will really wake some of us up when it does hit. Here I thought I had invested in an American loft builder. Then it gets bought by a Canadian lumberyard who is, in turn, owned by a Canadian construction company doing business in Germany, France and... Dubai. OK, I got that part. And I got the part about a subsidiary of a large Arab construction company buying a minority interest in our lumberyard. But why in the heck does ALL the financial data have to flow through the UAE? We're a "Canadian" company incorporated in the United States! Who's our daddy over there with all the wheelbase? And why does he have to approve anything? The iceberg under the water line is about to be revealed.
They may have a lot of holidays but the work over there is 24/7. Saw a show on The Discovery Channel last night about the building of the Palm Islands. Amazing scope and energy put to this thing. Nothing is out of the realm of possibility for these folks. UAE money, Dutch construction company, Iranian architect, Sri Lankan and Pakistani laborers, English rock quarry superintendant, Arab supervisor speaking with a Brittish accent. The work is round the clock so maybe it's only the financial community that takes the holidays. Sure ain't the builders!
I'm sorry, Snuggle, I must have misinterpreted this exact statement from your previous post:
"I will not simply 'trust' any ceo or exec unless they have proven themselves and their company by EARNING a spot on the NASDAQ, DOW, NYSE, etc."
But thanks for appearing on this board, what, three days ago, and schooling us on trust.
So can we assume by your comment that since you don't "trust" Petar or the company, we won't have to slog through any more of your posts until Sulja is on the Nasdaq?
I do truly wish Matt would give us more than 200 Ignores for our membership fee.
I just don't feel the disappointment I guess. The share price has made consistent upward progress since March. After the spike in August, we languished a bit in the 11-13 cent range, but each time it rose a penny, it seemed to build a nice solid floor beneath. Now we've crawled to 16 cents and the floor has been moved up to 15 cents. Just what about this movement is so disheartening to so many? The thing isn't crashing and burning, if anything, we seem to have an angel making sure we stay at certain levels. Rome wasn't built ... blah, blah, blah. Give Petar some slack and try to see the much larger picture he's painting for all of us.
You gotta love the mentality of some folks...even my greedy kids! They are up 300% on an investment they've owned since summer and I'm still hearing, "When's it gonna run?" God Almighty, what happened to patience? I stumble onto a loft converter that gets bought out by a lumberyard and then all hell breaks loose when the Arabs decide to build the most incredible city in the Middle-East. I'll tell you this, I took a "Patience Pill" a long time ago and it hasn't worn off yet. Petar has fulfilled every commitment, every promise and met every goal. What makes some of you boneheads think he'll stop doing that right now?
I really appreciated Petar giving a reassuring "heads-up" to the loyalists and an opportunity for that last purchase before lift off!
Tara's chart is a beautiful thing. Thanks for the tip on this bad boy at .35! Gold Bugs rule.
Since it appears CCM Midwest may, in fact, be included in these financials, does anyone here really know what projects they have going? We had heard they were complimentary to Loftwerks condo projects, but haven't heard a peep since. Any help always appreciated.
Craft, you have to allow for a little "over enthusiasm" on a message board. I just felt your accusation of "absurd" was a bit strong. To each his own and GLTA.
Craft, not an absurd correlation at all. Although I don't believe it will be a huge impact, you cannot understand the Middle-Eastern influence on our company without understanding the co-mingling of their faith and business practices. The practice of their faith and time spent with family is much more important to them than day to day business. Since we are likely to experience a larger Arab presence in our company, we would do well to become more familiar with their motivations.
It's just the "nattering nabobs of negativism."
That scenario is very plausible. Let's face it, the Suljas never controlled the deal... Consultech did. So whats to keep Petar from telling the Suljas right from the start, "You are going to get a boatlaod of shares when this reverse merger goes down, just sit on them and I'll let you know when you can start selling them to our Arab buddies." What the heck, they are a totally owned subsidiary of CCM and they're all going to be filthy rich anyway. We need to quit believing the Suljas EVER had any real wheelbase in this deal. I'm cool with that. Petar and his Middle-Eastern friends are the glue here anyway.
Sand isn't a basher. He's a realist with a valid point of view... and he's a long.
We all just need to understand that the light at the end of this tunnel is becoming clearer by the hour. It's not a train coming at us. It's the fire coming out the business end of a Sulja Stock rocket ship going NORTH! I feel extremely lucky to have a large position, all profit, and have only been waiting since early March. If someone told me that I could be a multi-millionaire but I'd have to invest $40,000 and patiently wait one calendar year. Could I do that? Darned right I could and I still have four months to see...
Considering his pointed statement a week or so ago, I believe Mr. V already knows the fins are complete and are on the way to him now. I doubt he would make that mistake twice. I like his enthusiasm, however. He really is trying to keep us informed with the latest info. Yes, PV knows the fuse is lit...
I love it! Had a conversation a while back with one of the brokers I use and he pooh poohed my theory about naked shorting on this stock. He gave me this sing song about how there is very, very little NSS and lots of people talk about it but, in reality, it isn't a problem at all. Yeah, right! Tell that to the business owners who saw their companies go in the toilet over this scummy practice. We're going to find out real darn soon just what is going on behind the curtain and my bet is... it stinks! There has been way, WAY too much trading of this security with very little explanation for it. We can only blame daytraders so long and then the MM's and hedge funds are going to have to come clean about where all these shares in our accounts came from.
Great advice. I have a sizeable position spread in four accounts with three brokerages.
Kind of a turnaround from August for you Newbie:
Posted by: newbie123
In reply to: saltydog19 who wrote msg# 26991 Date:8/2/2006 11:22:25 PM
Post #of 117319
You guys will be biggestttttttttttttttttttttttt lossssssssssers if you sell anything below 1$...............In my opinion this is gonnnnnnnnna be a hugeeeeee 1 nearing 5$ before hitting NASDAQ............................
Jusy my opinion..do DD.................
Don't ley your "cold feet" trip you on the way to the door. My kids thank you for freeing up your shares.
Why can't the soldier in Afghanistan desire a shot at the golden ring just like the rest of us? What if the pumpmeisters on this board are right? You have valid questions and concerns. Perhaps you should just throw some "fun money" at our little pinkie and you won't have to spend all your time questioning.
If you believe what Dennis said and what Marquee said, Petar isn't giving much of anything to go public. The penny kings will be funded by the naked shorters at a much higher price. It could appear that the deal is funded with almost no funds from Petar and company.
Queens, you have to see the big picture to understand why huge Arab money would go through Sulja. It was my biggest concern until I came to understand the importance of Petar and his company, CCM. Petar has lots of Arab connections. CCM is building a large hotel in Dubai, he did a few deals with his Arab friends for tire recycling plants. He is both known and trusted in Middle-Eastern business circles. We cannot underestimate the value of this connection!
Our Arab friends have critical needs for building materials and want to secure their supply chain. These powerful people are party to the largest building boom in the last fifty years. They do business with people they trust and who are loyal to them and their interests. They have invested with Petar and his company, CCM. CCM owns a growing building supply company that has been able to negotiate very competitive pricing on lumber, granite, fixtures and cement. Emaar, through their partner, Wessal, has decided to strengthen its relationship with Petar, CCM and Sulja by investing a large sum in the building products company we own.
We still do not completely understand what all is involved here. We don't know what lumber goes where, what projects are totally American or totally Middle-Eastern. But we are coming to comprehend that Sulja's interests are of an international scope and are being nurtured by some very wealty and successful businesspeople. Witness the floor under this stock for the past few weeks. If we only owned a couple of profitable lumberyards, we'd be worth 11 cents per share. The folks on this board are here to witness what is really behind the wizards curtain.
It takes about 3 years to build a new football stadium. 4 years to repair the subways under the World Trade Center. 8 years to complete a Light Rail Transit System. But it only takes about 9 months to grow a human baby. Patience folks, my investment in LFWK/ SLJB turns nine months in November and I'll witness the birth of one of the greatest short term returns the stock market has ever seen. I'm getting the nursery ready right now...
They've asked Jim Bishop to be moderator
You gotta love this business plan. I caught your gold bug a few months ago and it just keeps getting better. Stay away from the windshields of life!
Petar has quite a sense of humor and tossed that "crystal balls" reference our way just to jack with us! Remember, this is a guy who has been able to do deals any way he wishes for a long time and it's worked incredibly well for him. The much more rigid structure of running a public company has got to seem like a giant pain in the butt to him and, I believe, he was using the line to let off some steam. By hinting he knows about crystal balls (allinone), he's playing with the minds of a lot of the posters on this thread, many of which he loathes with good reason. For the hardcore longs who leave him alone to build this incredible monster secretly in his basement labratory... I truly believe he wishes real wealth and shared success.
Queens, I have been on a lot on construction sites, wood frame, stucco and metal structures and there is lumber on every one of them. You frame with wood to pour cement, you buttress walls, roof, joists, etc. To imply no wood is necessary because it's Dubai is short sighted. Yes, the cement deal is huge and will get much bigger. If Emaar intends to keep doing business with us, they have an airport and the entire King Abdullah Economic City to build in addition to everything they already have going on in Dubai.
I believe the export license for softwood is much more critical to the needs of Laing Homes and their future plans. And just because we are currently experiencing a small dip in housing in the US, we cannot underestimate the market for materials as we roll out of this housing breather.
We don't quite know yet where this all leads but I think it will clear very soon. The relationships Petar has built in the Arab world through CCM and Wessal will define where our little Canadian company goes. The nagging question for me has always been what you asked, "Why Sulja?" But considering the "cement" 10 cent floor placed beneath this stock in the last few weeks... what's to lose?