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Estimate stock prices:
With 500 million shares outstanding:
--------------
15.6 million net earnigs divided by 500 million shares =
EPS of aprroximately 0.032
A PE multiplier of 30 is not unreasonable with the proforma numbers stated, so
0.032 X 30 = 0.96 is a resonable estimate for the stock after audited financials.
----------------------
around 100 million proforma earnings divided by 500 million shares =
EPS of 0.20 (forward looking)
If they can continue to grow in the Middle East a PE of 30 is not unreasonable
0.20 X 30 = 6.00
Sulja Bros. Building Supplies Ltd.
According to the financial statements that have been released to the public, Sulja Bros. Building Supplies Ltd. (SLJB.PK) expects to increase it revenues by an astonishing $241,519,772 (368.8%) over the next 12 months (August 1, 2006 - July 31, 2007). This is based on expected results of current negotiations, already signed contracts, and growth projections for much of their new business in the middle east.
2006 numbers were impressive as well, as the company had a net profit of $26,023,991. Using a revised estimate of 500,000,000 outstanding shares with an estimated net income (after 40% in taxes), Sulja Bros. would have an earnings-per-share of $0.0312.
Furthermore, 2007 pro forma numbers demonstrate the company's expectations of rapid growth and expansion. The earning-per-share projected for 2007 (August, 1 2006 - July 31, 2007) stands at $0.1127.
Financial results from June and July 2006 are still yet to be released.
Now, to estimate what the share price could be for SLJB.PK based on the 2007 pro forma financials, lets take into consideration the PE ratios on the stocks of different building supply companies.
Note: The company (Sulja Bros.) have repeatedly claimed that there will be no need to reverse split their stock in order to be eligible for an uplisting to a higher exchange such as the OTCBB, AMEX, or NASDAQ. A NASDAQ listing requires, among other things, a share price of $4 and AMEX is $2. OTCBB doesn't have a share price requirement, but it does require quarterly financial reporting.
SLJB.PK Closing Share Price (August 24, 2006): $.081
This analysis is congruent with the companies own assertion that there will be no need for a reverse split and if these numbers are anywhere near accurate, SLJB.PK appears to be worthy of a $5 share price or more!
As published in a recent press release on August 11, 2006, CEO Steve Sulja stated: "The process of moving the overseas assets was time consuming but has finally been completed. We can now have the audited financials completed shortly. The State of Nevada will receive the assets by next Friday. We are very pleased to inform our shareholders of the current transfer of assets. We are actively negotiating with KPMG International and Price Waterhouse Coopers to handle all future Security and Exchange Commission filings and reporting. Our shareholders will soon see why Sulja Bros. did not need to reverse split the stock to meet our up listing goals."
Too good to be true? No, not in our opinion! Rare opportunity....Yes, extremely rare!
Quite possibly a "Once-In-A-Lifetime Opportunity" for some.
Hint: Take a look at SPEA (now CKXE)...
And when a stock like this runs, it can run for quite some time; see MNCS!
Emaar Properties
www.emaar.com
On August 02, 2006 Sulja Brothers Building Supplies, Ltd. met with Consultech Construction Management and Emaar Properties, in Germany, to finalize a major construction and supply agreement. A Red Sea spokesperson commented: "The joint venture includes the supply of lumber and other building materials for 3 new developments in Dubai and Abu Dhabi. CEO Steve Sulja stated: "This is exactly why we expanded in the Middle East and obtained a contract with the Liberian Government for lumber. Sulja Brothers' growth rate in the Middle East is astounding. The joint venture with Emaar Properties opens up possibilities for more projects in the near future and increases Sulja Bros. market share in the Middle East."
Administrator:
Name-- Rojo Jose
EMail-: (rojo@radgroup.com)
tel --: +97.126413920
org: Penta
po box 30036
ABU DHABI,UAE,AE 30036
Technical Contactor:
Name-- Rojo Jose
EMail-: (rojo@radgroup.com)
tel --: +97.126413920
org: Penta
po box 30036
ABU DHABI,UAE,AE 30036
Billing Contactor:
Name-- Rojo Jose
EMail-: (rojo@radgroup.com)
tel --: +97.126413920
org: Penta
po box 30036
ABU DHABI,UAE,AE 30036
Lofwerks renovated old buildings in the inner city and built stylish lofts. Dennis Ammerman purchased most of his supplies through Sulja Bros, mainly because of the quality of the material.
- Consultech Construction helped Dennis rebuild some of these buildings. They also used Suljabros to obtain supplies, because, they own Sulja bros.
- Dennis owed Sulja bros quite a bit of money from past building supply purchases. When you're a good customer, lines of credit can be pretty extensive when you have property as collateral.
- Naked shorts/shorts attacked Lofterks and drove the price of his stock into the dirt.
- Consultech was concerned he might not be able to pay back his loan.
- A merger idea was formed. Consultech obtained a majority of the restricted shares.
- After the merger, Consultech voted (by virtue of having more shares) to buy out Dennis's 100 million shares. 10 million dollars and probably some lofts were agreed upon.
- Sulja came public under its new ticker.
- Consultech owns Sulja. Consultech is owned by Vista International.
- Vista International and Consultech have been building structures in Dubai, Germany and Europe for a number of years.
- The construction growth in Dubai caught both Vista and Consultech by surprise. They want the work.
- Wessal, via it's subsidiary "The Red Sea Group" has been supplying material for many projects in Dubai for a number of years. Probably one of their main customers is EMAAR.
- In the past 6 months, they have been having a difficult time obtaining materials of high quality (based on numerous press reports of the area).
- Vista International also needs these materials. Especially, good quality soft wood.
- Wessal teamed up with Vista International to help Sulja bring those supplies and materials to Dubai and the surrouding area being impacted by the construction boom. Hence the 25 million dollar loan and offer to purchase 25% of Sulja's stock.
- Sulja is now putting the pieces of the supply chain in effect to maximize profits, maximize delivery time, and maximize materials needed.
- In the meantime, Sulja still has a thriving business in Canada and the U.S.
BBB Reliability Report
The Better Business Bureau
Serving Windsor & Southwestern Ontario
880 Ouellette Avenue, Suite 302
Windsor, ON N9A 1C7
Sulja Brothers Ltd.
Erie Road, R.R. #3
Harrow, ON. N0R 1G0
The BBB reports on members and non-members
Original Business Start Date:
File Open Date:
Principal:
TOB Classification: NOT YET CLASSIFIED.
BBB Membership: This company is not a member
The Bureau maintains a report on a firm based on inquiry or complaint activity. The BBB has not received a sufficient volume of requests for information, nor has the Bureau received complaints on this firm to warrant the maintenance of a report. The information provided, however limited, is presented to assist you in your purchasing decisions or for any other purpose you deam relevant. The BBB suggests you read and understand company promotional materials and contracts and check company references and licensing, where applicable.
Customer Experience
The Bureau has processed no customer complaints on this company in the last three years
Based on BBB files, this company has a satisfactory record with the Bureau. To have a Satisfactory Record with the Bureau, a company must be in business for at least 12 months, properly and promptly address matters referred to it by the Bureau, and be free from an unusual volume or pattern of complaints and law enforcement action involving its marketplace conduct. In addition, the Bureau must have a clear understanding of the company's business and no concerns about it's industry.
As a matter of policy, the Better Business Bureau does not endorse any product, service or company. BBB reports generally cover a three-year reporting period, and are provided solely to assist you in exercising your own best judgement. Information contained in this report is believed reliable but not guaranteed as to accuracy. Reports are subject to change at any time.
Most of the bashers just want to control the board. They don't want us talking about the info given in front of us.
RE: The numbers in the Financials.
They will continue talking between themselves and anyone responding to them as long as they can control the direction of topics being discussed IMO.
Whats really funny, is if the shorts are such smart traders, "Why aren't they looking at the Risk vs. Reward Ratio?"
Seems to me that would be enough to change my mind with what's on the table in front of me.
Well said Fish, Also add that once AF's hit, it will put an instant Minimum Value on the stock.
Imirish, I think it was back around the time the symbol change took place. Few months ago. Lofts were selling around $400,000.00 each and all were already sold but two before completion. Dennis even recommended I take a trip to visit some other parts of the company at that time.
I went to Loftworks in Nashville and have seen the Lofts being built myself and spoke to Dennis Ammerman personally, all to verify my investment in this Company.
johnnydrama, Don't respond much to the negatives on this stock, however I'll ask you where are you or the MM's going to get the shares to cover short positions if or when the AF's do come out if nobody will sell any less than a dollar a share or higher. See, the AF's will put an instant Value on the Worth/PPS of the Company. Whatever that is to be.
Best time of day. How they love the mid-day PR's!
This stock at this time is just like finding a crystal of some type in a mine. Most are saying is it a crystal or is it a diamond? Well, at this time is when it is tested for credibility. Genuine or not? Once all know it’s genuine, it has an instant Minimum Price on it. That’s what the market will see here.
No need for more polishing until all know it’s genuine. That’s what Petar is doing now.
I Honestly believe we have an uncut diamond! Worth plenty now, yet the more it gets polished the more value it gains.
Right now the AF's will place more value per share on the stock than any deal. This will give the company credibility in the eyes of wall street, especially when it comes from one (or two) of the big four.
After finincials are out and we're seen as a valid company, just the rumors of deals will send PPS upward at times.
At this point SLJB will be seen as a value to loyal investors big time. Funds, etc
And yes, the bashers/shorters can always pick out one or two negatives out of any writing/Pr and work on it, but they can’t find near as many negative’s on this Company as Positive’s that have been uncovered by this board. That tilt’s the scales heavily in my opinion that this management team is legit and managing a business. If the’re not, they missed their Buisiness calling.
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.
Naked shorts attacked Lofterks, not SLJB, but now they didn’t anticipate loftworks being sold / merged to someone with big money connections. So they’ve gotten caught with their hand in the cookie jar.
And don't forget about SLJB buying the lumber mills to eliminate the middle man. This is how they beat competion in their market place.
If your buying materials for a construction project, why buy from an outside source?
If your buying from a Company you own or are affiliated with, you have eliminated the middle man. Thus saving millions of dollars on every deal.
All this is a part being laid in the foundation of this Company. Other Parts were the merger with LFWK, Name/Symbol Change, Foot in the door with Emaar, Foot in the door in the middle east, moving off the pinks, Etc.
Just like the deals being set up in the Pro-forma.
Emaar needs Sulja just as much as Sulja needs them IMO. Emaar needs the export license and the products.
One thing that has been mentioned more than once is protecting our Joint Venture Intrests. Well, it's fact we are in a JV with Emaar in Germay and maybe other places we don't know about Yet.
So, I ask all, "Why wouldn't Emaar step up to the plate if neccessary to protect thier JV intrests". Especially when materials are in such short supply in the middle east.
Add to that, Emaar just purchased the largest home builder in the US. John Laing homes) Now, not only are deal in the middle east for supplys, but maybe even closer. And that to me folks would be plenty of reason for Emaar with their Billions in pocket change to protect thier JV intrests in our little Company.
When all is validated by the financials, Watch Out, Shorts will fall over each other to get their hand out of the cookie jar, if they can.
I bought more at.18 last week and still happy to be in under .50
BBB Reliability Report
The Better Business Bureau
Serving Windsor & Southwestern Ontario
880 Ouellette Avenue, Suite 302
Windsor, ON N9A 1C7
Sulja Brothers Ltd.
Erie Road, R.R. #3
Harrow, ON. N0R 1G0
The BBB reports on members and non-members
Original Business Start Date:
File Open Date:
Principal:
TOB Classification: NOT YET CLASSIFIED.
BBB Membership: This company is not a member
The Bureau maintains a report on a firm based on inquiry or complaint activity. The BBB has not received a sufficient volume of requests for information, nor has the Bureau received complaints on this firm to warrant the maintenance of a report. The information provided, however limited, is presented to assist you in your purchasing decisions or for any other purpose you deam relevant. The BBB suggests you read and understand company promotional materials and contracts and check company references and licensing, where applicable.
Customer Experience
The Bureau has processed no customer complaints on this company in the last three years
Based on BBB files, this company has a satisfactory record with the Bureau. To have a Satisfactory Record with the Bureau, a company must be in business for at least 12 months, properly and promptly address matters referred to it by the Bureau, and be free from an unusual volume or pattern of complaints and law enforcement action involving its marketplace conduct. In addition, the Bureau must have a clear understanding of the company's business and no concerns about it's industry.
As a matter of policy, the Better Business Bureau does not endorse any product, service or company. BBB reports generally cover a three-year reporting period, and are provided solely to assist you in exercising your own best judgement. Information contained in this report is believed reliable but not guaranteed as to accuracy. Reports are subject to change at any time.
A Wessal International Group spokesperson commented: "Recent deals have generated great interest in Sulja Bros. Building Supplies, Ltd. We are now working with one of the largest investment banking firms to complete the listing of Sulja Bros. Building Supplies, Ltd. on the Dubai International Financial Exchange."
CEO Steve Sulja stated: "Our recent dealings in the Gulf Region have greatly attracted the attention of the regional investors. We are very excited and working diligently to provide these savvy investors with a Dubai listing. We warmly welcome the Middle Eastern investors to the Sulja family of shareholders and look forward to even further expansion in this and other regions."
I wouldn't complain any if that happened to us.
Here's one from the past.
Lofwerks renovated old buildings in the inner city and built stylish lofts. Dennis Ammerman purchased most of his supplies through Sulja Bros, mainly because of the quality of the material.
- Consultech Construction helped Dennis rebuild some of these buildings. They also used Suljabros to obtain supplies, because, they own Sulja bros.
- Dennis owed Sulja bros quite a bit of money from past building supply purchases. When you're a good customer, lines of credit can be pretty extensive when you have property as collateral.
- Naked shorts/shorts attacked Lofterks and drove the price of his stock into the dirt.
- Consultech was concerned he might not be able to pay back his loan.
- A merger idea was formed. Consultech obtained a majority of the restricted shares.
- After the merger, Consultech voted (by virtue of having more shares) to buy out Dennis's 100 million shares. 10 million dollars and probably some lofts were agreed upon.
- Sulja came public under its new ticker.
- Consultech owns Sulja. Consultech is owned by Vista International.
- Vista International and Consultech have been building structures in Dubai, Germany and Europe for a number of years.
- The construction growth in Dubai caught both Vista and Consultech by surprise. They want the work.
- Wessal, via it's subsidiary "The Red Sea Group" has been supplying material for many projects in Dubai for a number of years. Probably one of their main customers is EMAAR.
- In the past 6 months, they have been having a difficult time obtaining materials of high quality (based on numerous press reports of the area).
- Vista International also needs these materials. Especially, good quality soft wood.
- Wessal teamed up with Vista International to help Sulja bring those supplies and materials to Dubai and the surrouding area being impacted by the construction boom. Hence the 25 million dollar loan and offer to purchase 25% of Sulja's stock.
- Sulja is now putting the pieces of the supply chain in effect to maximize profits, maximize delivery time, and maximize materials needed.
- In the meantime, Sulja still has a thriving business in Canada and the U.S.
And don't forget about SLJB buying the lumber mills to eliminate the middle man.
hogsgeteaten, Simple concept, If your buying materials for a construction project, why buy from an outside source?
If your buying from a Company you own or are affiliated with, you have eliminated the middle man. Thus saving millions of dollars on every deal.
I'm sure many investors in this Company just come here to flip some shares & make a few dollars real fast. If some of these do some DD on what they are flipping, they will find they would have stayed in this much longer if they had known the facts about the Company.
IMO, This is like getting into Home Depot in their beginning stage as a Company. (Ground Floor Opportunity).
Within 5 years this stock could easily be $15.00 to $25.00 a share if they have the connections we all believe they do. I believe the UAE is just the begining of deals to come. We have Germany & Emaar, we have The largest home builder in the US, John Laing Homes & Emaar, Etc.
Anyway the connection and possibilities are endless and probable!
Think something might be up? Pushing up all of the sudden.
Here's some of the info On Red Sea Group.
Red Sea Group
www.redseahousing.com
Red Sea Group is an international real estate company originating from Israel with an office located in Abu Dhabi, United Arab Emirates. According historical Sulja Bros. press releases, Red Sea Group was brought on to introduce the company, Abu Dhabi and Saudi Arabian construction projects to Middle Eastern investors in conjunction with its Investor Relations function. Read Sea Group appears to be a global player with various business ventures around the world including Red Sea Building Materials Trading, LLC in France and Red Sea Housing Services Company, LLC in Dubai, Saudi Arabia.
Red Sea Group Hones in on Data Centers
By Brian K. Miller
SANTA CLARA, CA-Intent on scooping up as many as possible, the international real estate development firm acquires its third data center here in the past 18 months. The building is fully leased by the soon-to-be-sold telecom company Electric Lightwave.
Red Sea Group Buys Back Class A Data Center
By Connie Gore
RICHARDSON, TX-In a niche play, the investment group cuts a near $8-million, off-market deal for a Cingular-leased asset that it sold in 2000.
Red Sea Group, Provident Pocket 42 Prized Acres in North Dallas
By Connie Gore
DALLAS-With a foreclosure clock ticking, the new JV closes an off-market buy of the last large tract available for mixed-use redevelopment in its submarket, paying far less than the $52-million previous ask for the 857 apartments and 50,000-sf shopping center.
FWIW; SIPC - Our 30-Year Track Record for Investors
The Securities Investor Protection Corporation is the investor's first line of defense in the event a brokerage firm fails owing customers cash and securities that are missing from customer accounts. From the time Congress created it in 1970 through December 2004, SIPC has advanced $570 million in order to make possible the recovery of $14.2 billion in assets for an estimated 624,000 investors. Although not every investor is protected by SIPC, SIPC estimates that no fewer than 99 percent of persons who are eligible have been made whole in the failed brokerage firm cases that it has handled to date.
This was posted for anyone that might have concerns about the security of their positions in SLJB.
http://www.sipc.org/who/sipc7questions.cfm
Remember the parts of the puzzle?
LoftWerks, Inc. (LFWK) Announces Waiver of Debt: Consultech Waives $10M Loan in Lieu of Successful Merger With Subsidiary Sulja Bros.
NASHVILLE, TN -- (MARKET WIRE) -- March 23, 2006 -- LoftWerks, Inc. (OTC: LFWK) today announced that its $10M loan obligation with Consultech Construction Management, Inc. has been waived in lieu of the successful merger agreement with CCM's subsidiary, Sulja Brothers Building Materials , Ltd. This was part of the overall prerequisites enumerated by CCM Director General, Petar Vucicevich, as necessary to complete the migration of CCM's Midwest operations into the LFWK public vehicle. LFWK CEO Dennis Ammerman stated that the loan waiver will create an attractive bottom line and share value to loyal investors.
A spokesperson for Consultech Construction Management fully concurred with the announcement and stated that the path to a complete merger of CCM's Midwest operations into the LFWK vehicle was now an imminent formality.
Great buying opp, hitting the bottom of the channel on the charts, great resistance area, and probably will see market makers start taking it back to .20-.22 area from here.
Pre AF's that is.
The Big Sign Audited Financials are coming.
Hey, they used to issue PR's on a weekly basis, sometimes multiple PR's each week about deals in the works. But the Company knows announcing anything right now is a waste until the AF's are out to give credibility to the PR's.
Well, I'm just going to sit patient as we wait the AF's. They will come sooner now than later. If it dips any, I'll just add more if the funds are available at the time.
I actually expect something similar to CSHD type run. They did'nt have as many OS as SLJB. However potential future revenues for SLJB are much better.
Red Sea Group Hones in on Data Centers
By Brian K. Miller
SANTA CLARA, CA-Intent on scooping up as many as possible, the international real estate development firm acquires its third data center here in the past 18 months. The building is fully leased by the soon-to-be-sold telecom company Electric Lightwave.
Red Sea Group Buys Back Class A Data Center
By Connie Gore
RICHARDSON, TX-In a niche play, the investment group cuts a near $8-million, off-market deal for a Cingular-leased asset that it sold in 2000.
Red Sea Group, Provident Pocket 42 Prized Acres in North Dallas
By Connie Gore
DALLAS-With a foreclosure clock ticking, the new JV closes an off-market buy of the last large tract available for mixed-use redevelopment in its submarket, paying far less than the $52-million previous ask for the 857 apartments and 50,000-sf shopping center.
RED SEA DEVELOPMENT ENTERPRISE L.L.C.
Oil Field, Construction & Trade
w w w . r e d s e a - g r o u p . c o m
UNDER CONSTRUCTION
Please Visit Us Soon
Address in UAE
Mid-East Foundation being laid for SLJB IMO.
With the small amount of shares available in the Float, I believe the share price will soar past .40 the first day when AF's hit.
But still this is nothing but a part being laid in the foundation of this Company. Other Parts were the merger with LFWK, Name/Symbol Change, Foot in the door with Emaar, Foot in the door in the middle east, moving off the pinks, Etc.
Emaar needs Sulja just as much as Sulja needs them IMO. Emaar needs the export license and the products.
Shorts for some reason don't see the bigger picture here yet. When they do realize this, Watch Out, they will fall over each other to get covered, if they can.
One thing that has been mentioned more than once is protecting our Joint Venture Intrests. Well, it's fact we are in a JV with Emaar in Germay and maybe other places we don't know about Yet.
So, I ask all, "Why wouldn't Emaar step up to the plate if neccessary to protect thier JV intrests". Especially when materials are in such short supply in the middle east.
Add to that, Emaar just purchased the largest home builder in the US. John Laing homes) Now, not only are deal in the middle east for supplys, but maybe even closer. And that to me folks would be plenty of reason for Emaar with their Billions in pocket change to protect thier JV intrests in our little Company.
Just a small part of the big picture I see unfolding.
looks like nite wants to paint the close
I'm just waiting for pay day.
Remember this:
Posted by: johncee
In reply to: rcsundevil who wrote msg# 41731 Date:8/13/2006 9:00:27 AM
Post #of 101317
Great job rcsundevel, couldn't have done better myself! Put together very well. I think there are lots of new investors who are not aware of the history of loftworks and all the connections with our affiliates. Your site clearly shows the potential for Sulja Bros. Kudos!!!
Question, Just looking for opinions here. Do we hit .50 or 1.00 the first full day of AF's?
With the small amount of shares available in the Float, I believe the share price will soar past .40 the first day when AF's hit.
But still this is nothing but a part being laid in the foundation of this Company. Other Parts were the merger with LFWK, Name/Symbol Change, Foot in the door with Emaar, Foot in the door in the middle east, moving off the pinks, Etc.
Emaar needs Sulja just as much as Sulja needs them IMO. Emaar needs the export license and the products.
Shorts for some reason don't see the bigger picture here yet. When they do realize this, Watch Out, they will fall over each other to get covered, if they can.
One thing that has been mentioned more than once is protecting our Joint Venture Intrests. Well, it's fact we are in a JV with Emaar in Germay and maybe other places we don't know about Yet.
So, I ask all, "Why wouldn't Emaar step up to the plate if neccessary to protect thier JV intrests". Especially when materials are in such short supply in the middle east.
Add to that, Emaar just purchased the largest home builder in the US. John Laing homes) Now, not only do we have deals in the middle east for supplies, but maybe needed even closer to home.
And that to me folks would be plenty of reason for Emaar to funnel contracts to Sulja to protect thier JV intrests in our little Company.
Just a small part of the big picture I see unfolding.
Past post from Petar
Vucicevich states that expanding Consultech's business reach into the Middle Eastern market is gaining momentum, and further ventures and business opportunities are underway for this region.
With the small amount of shares available in the Float, I believe the share price will soar past .40 the first day when AF's hit.
But still this is nothing but a part being laid in the foundation of this Company. Other Parts were the merger with LFWK, Name/Symbol Change, Foot in the door with Emaar, Foot in the door in the middle east, moving off the pinks, Etc.
Emaar needs Sulja just as much as Sulja needs them IMO. Emaar needs the export license and the products.
Shorts for some reason don't see the bigger picture here yet. When they do realize this, Watch Out, they will fall over each other to get covered, if they can.
One thing that has been mentioned more than once is protecting our Joint Venture Intrests. Well, it's fact we are in a JV with Emaar in Germay and maybe other places we don't know about Yet.
So, I ask all, "Why wouldn't Emaar step up to the plate if neccessary to protect thier JV intrests". Especially when materials are in such short supply in the middle east.
Add to that, Emaar just purchased the largest home builder in the US. John Laing homes) Now, not only are deal in the middle east for supplys, but maybe even closer. And that to me folks would be plenty of reason for Emaar with their Billions in pocket change to protect thier JV intrests in our little Company.
Just a small part of the big picture I see unfolding.
we had to make sure that all companies under the Sulja Bros. umbrella operation are taken in consideration. Also, we have to ensure that these final audits meet all necessary standards and legal requirements as stated in all these different regions.
With the small amount of shares available in the Float, I believe the share price will soar past .40 the first day when AF's hit.
But still this is nothing but a part being laid in the foundation of this Company. Other Parts were the merger with LFWK, Name/Symbol Change, Foot in the door with Emaar, Foot in the door in the middle east, moving off the pinks, Etc.
Emaar needs Sulja just as much as Sulja needs them IMO. Emaar needs the export license and the products.
Shorts for some reason don't see the bigger picture here yet. When they do realize this, Watch Out, they will fall over each other to get covered, if they can.
One thing that has been mentioned more than once is protecting our Joint Venture Intrests. Well, it's fact we are in a JV with Emaar in Germay and maybe other places we don't know about Yet.
So, I ask all, "Why wouldn't Emaar step up to the plate if neccessary to protect thier JV intrests". Especially when materials are in such short supply in the middle east.
Add to that, Emaar just purchased the largest home builder in the US. John Laing homes) Now, not only are deal in the middle east for supplys, but maybe even closer. And that to me folks would be plenty of reason for Emaar with their Billions in pocket change to protect thier JV intrests in our little Company.
Just a small part of the big picture I see unfolding.
Emaar can pull that out of his Ash tray
Shorter's of this stock like Nite & UBSS think they will be able to control the price increase when AF's come out. IMO, they think they have enough funds between the two of them to do what ever is needed for thier behalf.
What I believe is they have underestimated the stock from the beginning. See, they started thier shorting with LFWK (LOftworks) not anticipating Ammerman selling out to someone with the right connections to Big Oil and Middle East Money.
Now SLJB has turned into exactly what should be a nightmare to anyone shorting them. A Company with Profits on the books already from last year and much much more already lined up.
They have not covered from the loftworks day's and it will come to haunt them. They now face a competitor with more money than they have and if this Company decides to not let them cover thier short postions as price goes up, Well like I said, It may be a Nitemare to them in the end game.