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bliz82: solving puzzles is much of what we are all about on this board. i couldn't agree more. em
bliz82: That's funny. Sorry. Good comeback. So what's up w/people who live in Wyoming and Montana, are they all meteorologists! :)
bliz82: What's up w/Montana? Everybody is a meteorologist? I have a buddy who just retired from the Navy, OSD SPAWAR and he is from Montana. em
bliz82: your 105635. good DD. for sure? em
davidmarkblack: your 105563 post. look at your bad self. very interesting links. much appreciated. em
mtgman27: ticking off the Egyptions too with phone calls. we might as well. it's a slow day. i can imagine their call-blocker being activated. em
Fishing for bucks: Cutting out the middleman seems to be what this play is all about...in the beginning anyway and in that regard, I see a hookup between the West Coast purchase of lumber mills by SLJB and the Emaar purchase of Laing Homes. Liang is going to have to get lumber from somewhere. May as well be from a trusted supplier like SLJB. em
jasc73: that's the point. would the same cusip be traded on both the Dubai Exchange and the OTCBB or NASDAQ? i held a stock that was on the Vancouver Exchange and the Pinks and all the action was on the Vancouver Exchange with very little trading of the stock in the Pinks and there was always a price differential between the two that may not have been explained by currency valuations. ultimately, holding the stock through the Pinks was unrewarding. i'm wondering if a similar situation might arise with SLJB listed on a U.S. and the Dubai Exchange?
Tus...long and strong. em
Board: Emaar 2.50AED/share on Dubai Exchange. @0.272257USD per UAE Dirham = $.680643USD/share. If the foregoing is true and Emaar is a multi-billion dollar company, at what price would SLJB trade on the Dubai Exchange?
Not known or considered for a SLJB estimated price are various financial ratios for Emaar which are biggies for SLJB such as % of before tax profit vice sales revenue. The point is how will SLJB be supported at $4+ on the Dubai Exchange if a company such as Emaar is trading at under $1US there? em
pop-a-top: your 105410. good DD. tks
Realtor: Petar's number? Your kidding, aren't you? Good one. It's Monday, might just as well light Petar up. Nutt'n else going on. em
pmunch: holding tongues...we're all tired, even me who is not an insider but am a long. dm
ohiobuckkeye: you're onto something there. that might be the point of the lumber mill acquisitions in BC and WA...just loading up the log trains, pulling the chocks and letting them roll downhill along the Pacific Coast to SF for Laing construction. what could be better than that. em
phyllostachys: tks. i'm trying to not get all balled-up understanding these corp/business structures. so Peter is Pres of Kore and CEO of Consultech which owns Sulja and Kore consults w/(Sulja) and maybe to Consultech...nah, that wouldn't be right. Petar couldn't consult w/himself...for a fee. (don't pay any attention to any of this. it's sunday. i'm at work to 10 Central time and i just ate McDonald's so i'll make less sense than usual until the trans-fats clear the system.) manana will be another great Navy day and maybe we'll kick .15+ em
fringe: so now the hairdresser comes out of the shadows as a player... i can't keep up. good one. em
jk21: on this board i read that Consultech has owned Sulja for 10 years. that's an assertion that would have to be checked. also, i have found the occasional emergence of Kore to be interesting. it is going to take some more digging (maybe unnecessarily) to learn if Kore has any meaning to us in what is happening now. something else that was interesting is that Steve Sulja was doing the marketing function for both Consultech and Sulja Brothers at the same time. ...and John Sulja is now shown as Pres of Sulja Bldg. Supplies and Steve is shown as CEO of Int'l Building Products (if the MAM source is current). Spins one's head. i'll be happy if it all stays solvent. imo. em
Board: Does XXX on a can have negative connotations in Japan and the Far East or do they dig XXX on a drink can? Seriously asking. I'm not sure how much consumer input (focus groups) Corr has solicited. AS a marketing major in college, this is a question that comes to the little mind I have left. em
bob b_WI: imo nothing missed today. em
Redwing91: someone said silent period. i haven't researched it. em
jk21: i don't know of any organizational connection between Emaar and Vista. my understanding is that Red Sea was retained by Sulja to do business in the UAE. Wessal took notice and is apparently buying into Sulja. you are right, from what we know, Vista owns Consultech who owns Sulja/Loftworks. Now how Kore fits into the SLJB/Consultech picture isn't clear to this writer and some others. em
rookieinvestor: carefull calling Red Sea or anyone connected to this co/deal. they have put up with more calls than should have been made a month ago. time now to wait and watch. calling all came to a head with the ticking-off of PV. no doubt our calling blew out CEO #2, Khan. calling could have messed up the cement deal or cost other business. i don't mean this personally but now is time to trust management or move onto another stock. imo
Braden32601: Houaah! em
T_F_N: I have a PR release around here somewhere indicating the head of Dubai Ports knows about our little company. Guaranteed that person doesn't get involved with a P & D. I'm happy they are taking more time frankly. I think it may mean that as they worked on their original plan that more opportunities bubbled to the top and are being incorporated, plus it would be cool if all were presented via a new webpage. this puppy can make my retirement. i am taking it very seriously.
jk21: probably just spam. haven't noticed anything definitive about Monday that we'd be interested in.
allinone: your 103334 post...excellent! another possibility consistent w/what org managers have said that significant (i think they actually said...all) business will be funneled though the SLJB public vehicle. once they got their head(s) around that concept and already knowing they plan a reverse merger into Consultech Midwest, who knows how much additional business or assets they now have decided to place in SLJB. i am of the impression that Vista (at the --current-- top) is privately held and i'm guessing they won't change that. i am thinking that they are growing the SLJB public vehicle to a (larger)size they previously had not considered which means they may be pulling SLJB closer to Vista or even organizations currently outside of the existing structure such as Wessal with their 25% ownership and who knows, Emaar? there has to be a very good reason why KPMG int'l was chosen for the audit but that might be reaching too far in speculation. imo.
chapco: RE: your 103982 post. Excellent. Voice of experience and reason. I am coming to believe that opportunities additional to the original plan may have been presented/realized and adjustments are being made to accommodate those opportunities which may need to be reflected in the A/F's. I anticipate that as very much of a plus and I am still buying on dips. em
ok, time for a group hug. we survived another week on the great blue marble. that's a good thing. ahhhh, then there are those who are telling others maybe it's not the time to visit NY or D.C. i don't want to even think about that. if i wasn't at work, it would be coctail time. arrgh!
cashacumming: for real? cool if it is. em
cm3i long termer: 300k/shares is a good number. adds up nicely in multiples. like that English gal i passed up upon in 1988 said "sometimes you just have to go for it". well, i didn't go for it and i'll never know what i missed. i do know that if i were to bail on this, i will know what i missed and that could be a bummer to live with. i've been bying in a ROTH and re-activated a taxable acct. this past week to pick up a few more share in. have and probably will accumulate a few more if this drags on longer. i'd bet at this point that Petar and the board take it to the NASDAQ bypassing the OTCBB. it's friday, i'm still at work and what the heck. em
strawman: I'm guessing the "partners", i.e. companies bought-out in exchange for restricted shares are getting a little antsy about the deal(s) they made in that the value of their billions of shares hasn't increased, period. Dan has to be getting heat for that...principals exchanged their businesses for effectivly stagnent equity paper...not really worthless but stagnent. That might be what is behind the more recent push to get the share price up. Whatever the motivation, I'm ready for the price/share to move upward. On a napkin in 10 min, I'm guessing a corporate finance consultant could give Dan 2-3 good ideas about how to manage the stock for a per share increase if he would be ready to listen. the ONLY reason i haven't bailed to date is that there has been no suggestion of a reverse split. the first time i hear that, i'm out. i held a canadian stock IW.TO (IWFFF.PK) for a few years up until this past week hoping for a buyout or ??? this past week they announced a reverse split...i'm out! that fast. done, kaput, finito. i personally hope that doesn't happen with SMMW.
MLR-Lite: While I beleive they have a plan, the plan is probably subject to change. Dan seems to be getting pretty frustrated w/a .ooo1 stk price. Conducting any more corporate financ utilizing the stock is probably a dead issue and then there is all of that restricted stock out there which, i think, was the basis for many of the deals to date. basically, the market is awash w/effectively worthless SMMW equity paper. Early on i think the market had a good time flipping from .0001 to .0002. i never did it and now even that might be a dead issue. He could put out a pro forma for 2007. i don't remember seeing one but might have missed it. he could finally publish audited financials as a first step and try like he double 2 sticks to move to OTCBB but he doesn't seem interested in really reducing the A/S_O/S in a meaningfull way. as i said, i'm holding 7mm shares and have actually thought of increasing to 10mm. in that way, if the stk ever does move upward, it wouldn't take much of a move to gain a return.
skinut: i've been sitting on 7mm shares of SMMW since it was rocky mtn ginseng. haven't given up yet. Dan keeps making moves to get the price up. i think he still needs to retire a few billion more A/S (maybe a few 10's of billions more) before the street will take the stock seriously. one upshoot of principals putting real estate and personal assets up brings to mind the possibility that the business could be taken private and maybe they'd do better individually than through this public route. what do you think?
Fish: your 102558 post is a must read for all. excellent as usual. em
wx_man: interesting possibility. wouldn't suprise at all. i have the impression PV would delite in a strategy to support the price of his co's stock while spanking the speculators. i recall, "loyal shareholders" will be rewarded.
mksdaddy1: roger that. the "immediately" is noted. em
Fishforbereakfast: Look at the June 7th entry on the following link. Mentions NASDAQ listing. They may have changed direction but maybe not. http://www.stockcloud.net/stock/LFWK
Fishforbreakfast -- RE, higher exchange listing: If the A/F's numbers are there, it might be a reasonable guess that Petar/the board might ask why go to NASDAQ via OTCBB and why not go to NASDAQ directly. At that point there would be strategy considerations. If anyone out there has any opinions as to share price maximization vs exchange listing strategy, I'd find that to be very interesting. em
jk21: you've been ahead of the curve on this one. good job. it'll be interesting to learn how the buyin was accomplished looking back. em
ohiobuckkeye: the post i'm trying to remember said nobody would buy 25% of a company w/o seeing audited financials first. i think that was the gist of it. em
jk21: Wessal can't buy until the financials are released is what someone on this board said...insider problem if they see the financials then start buying before the general public see the financials. ...unless they started buying when it was first mentioned and will not have seen the financials until we all do. sounds reasonable. em