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The only truthful PR SLJB ever published was in January 2007, in which it warned the public not to believe any of the other PRs.
In spite of that, here we have the dogmatic belief that everything that was posted was TRUE and verifiable including the Red Sea involvement.
Beyond that, it's fascinating how someone can extrapolate future events from names only. That is truly a gift not only of prescience but of omniscience.
Fortunately for Vucicevich when he was CEO of SLJB and President of Scams R Us the roles were not in conflict. In fact, one could say they were homogeneous in nature.
Another walk down memory lane.
Generally regarded as a classic and the funniest, most ridiculous PR ever released.
LAS VEGAS, NV--(MARKET WIRE)--Apr 13, 2007 -- SLJB (Other OTC:SLJB.PK - News) 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...
"We can almost consider this a new source of revenue for our company," commented a spokesperson. "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...
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.
I wonder how that revenue enhancing campaign worked out for them.
I know I have been very guarded in my attacks after that scary declaration. Too funny.
Triple zip soon boys. Next week for sure.
The anomaly that IS SLJB. It's a strange and wondrous thing that when you ask the "longs" why their "Mighty Sulja" is at the most dismal PPS possible .0001, they inevitable answer that he shares are tightly held and that no one is selling which seems to fly in the face of what is really happening.
Looking back at the historical data, it appears that there have recently been periods where one million + shares have traded and many times when between 250,000 and 800,000 have traded hands. That doesn't sound like "closely held" shares to me. Then the myth of the "shortys'. If this were true, you would think they would be attempting to drive the price up just about now wouldn't you ? And yet, there it is at .0001. There is definitely something wrong with that scenario. Then we go on to the most popular theory of the imminent REVERSE MERGER or acquisition. Historically, when there is word that an event such as has been proposed is imminent, there always seems to be a way that the information is leaked to the BIG money boys, not the penny ante players and there is a subsequent run. This hasn't quite happened either even though the RM/acquisition rumor has been floated for a very long time now. Even the BIG BOYS would like to get in on a run from .0001 to the $15 figure that has been proposed by the ORACLE, and that's on his conservative days. Of course, there is always the "true believer" faction that claim they pick up shares when they are available or maybe when they can afford the $15 or $20 it takes to buy a few thousand. Once again you have to wonder, why is the PPS sitting at .0001. Can't get lower than that except for delisting. Now THAT I see as imminent.
JMHO of course !
Possibly further cause for your concern regarding OPINIONS. I guess opinions count when they are based upon FACTS.
Dear Mr. XXXXXX:
This is to acknowledge that the Market Regulation Department of the Financial Industry Regulatory Authority (FINRA) received the regulatory tip you sent to FINRA's Office of the Ombudsman regarding Sulja Bros. Building Supplies, ltd. (SLJB).
We are in the process of conducting a preliminary review of this matter and will be in further contact with you in the near future. In the meantime, if you have any questions, please contact me.
Here is OPINION you might be interested in regarding Steve Sulja ex CEO of SLJB
Dear Ms. Moya,
As succinctly as possible.
Steven Sulja is the C.E.O. of International Trading CCT LLC which has apparently been the successful bidder on several DOD contracts. He is listed as "manager" along with Murtaza Gurmani, when they filed their corporate papers with the SOS of the State of Nevada.
Steve Sulja was part and parcel of a security scam..known as a pump and dump. If you read the attached pdf, you will see that Sulja was hip deep in this scam. Please read (ALLEGATIONS)
As I indicated, regardless of whether IT CCT LLC has successfully completed contracts in the past, I feel that it should be on the exclusion list.
Mr. Sulja is a Canadian citizen. I do not know if he possesses a green card or a work visa. He lives in Windsor, Canada and works in Livonia, Michigan. Since the Canadian government has imposed severe constraints upon American citizens working in Canada, I feel a little reciprocity is in order, especially considering Mr. Sulja's business dealings.
IT CCT LLC is a private company but there is a (limited) possibility of it going public which increases the chance of securities fraud.
Considering the number of American firms and contractors that are suffering economic strife and the number of unemployed in this country, the fact that scam artist Sulja is having his pockets lined by the United States government is somewhat more than irksome to me.
I feel strongly enough about this to take my case to my congressman and senator. Hopefully, you can help point me in the right direction regarding proper channeling within the DOD agency.
Thank you in advance
XXXXX XXXXXX
If that has piqued your interest, upon request I shall post the reply I received
Once again you have failed to connect the dots although that is an impressive number of meaningless digits you have posted. There is absolutely nothing that indicates that International Trading CCT LLC/International Venture CCT Multitech International, Futura or some firm in Livonia that makes garage doors has a damned thing to do with scammy SLJB even though you wish it so.
Regarding ridicule, generally I save that for those who are most deserving...if you catch my drift.
So much emphasis placed on what Steve Sulja was purported to have said or written. The question then would be why ? First, it has not been proven that Sulja wrote one single PR....or, as some are wont to say, PROVE IT. The fact that he is an eighth grade dropout may have rendered him incapable of writing a coherent press release although it certainly has not prevented others from authoring fabrications.
The fact remains that to date, the OSC has apparently found insufficient evidence of wrongdoing to charge Sulja with anything at all. This fact escapes some. Those who are antagonized by this have been counseled to write or call the OSC in order to achieve remediation driven by enmity but apparently this has fallen upon deaf ears or it is not what they hope to accomplish.
This leaves one with the impression that the point that some are attempting to make is that in their eyes, Sulja being a man of honor and integrity will somehow find a way to rescue "his shareholders" and thereby achieve sainthood.
I would suggest that this is but one more fairy tale that can be related to children to help them achieve a state of somnolence.
To save you time and effort...The Hunt for the SLJB red herring ...A book by bearluver
When asked about the location of the current Sulja business location, the "Oracle" made the following statement ....
"TRY SIMPLY SULJA IN MAIDSTONE, TUCUMSEH AND HARROW."
A search of Ontario, Canada Yellow Pages reveals this startling information...
What? e.g. business name, keyword, category, brand, phone number
Where? e.g. city, postal code, landmark
"No Listing for "Sulja" were found in "Tecumseh, ON". Try expanding your search location.
No Listing for "Sulja" were found in "Maidstone ON". Try expanding your search location.
No Listing for "Sulja" were found in "Harrow, ON". Try expanding your search location.
Now where do you suppose those rascals are hiding ? It must be difficult to do business when you are in a total STEALTH mode.
Google www.suljabros.com and that will yield ...
Suljabros.com
What you need, when you need it
Those pesky "financials" are due any day now.
Quoting from your post,
"I was simply trying to point out that there are some serious issues facing the company."
Which company are referring to ? SLJB (Nev) is non-operational. There is NO Sulja Bros. firm that is operating in ANY Canadian province. If I am mistaken, I would again ask that the contact information be posted in order to more readily discern just exactly what the company is currently doing.....and what they HAVE been doing for the last three years."
I believe it was pointed out to you in a prior post
Posted by: EarnestDD Date: Saturday, February 20, 2010 10:08:59 PM
In reply to: Hockmir
"The Canadian system shut down the SLJB scam.
The SLJB fraud folded like a cheap tent after the Cease Trade Order was issued by the OSC."
There aren't many "facets" remaining.
And I agree with fraudstopper when he said.....
Getting in circular and obfuscational arguments as to who bears what responsibility does not change the fact that this is an ex-company.
Well said fraudstopper
An exploration of the multi-faceted downfall of SLJB. What an earth shaking idea. I wonder what IMET and the OSC have been up to all this time when they could have called upon the dynamic forensic sleuth from this board.
I shall write them immediately and make that recommendation and I urge others to do the same. It's time we all discovered who/what was at fault.
Also, while you're at it, could you post the address where either Sulja Bros. or SAMS is doing business. There doesn't appear to be any Yellow Page listing for either of them IN ANY CANADIAN PROVINCE including...
Nunavut
Quebec
Northwest Territories
Ontario
British Columbia
Alberta
Saskatchewan
Manitoba
Yukon
Newfoundland and Labrador
New Brunswick
Nova Scotia
Prince Edward Island
Maybe they're doing business online, you know, out of their basement or garage. Maybe they have assumed another business name to escape the onus which dogs their every step. Or maybe they just don't exist any longer.
All in my very humble opinion of course
By the way, what's the latest from SIEG ODER TOD H.Q. ? The lie that Futura Corp. is the parent firm of SLJB has already been disseminated. The "financials" are once again due sometime this week. You would think the Oracle and crew would tire of inventing fantasies but that apparently is not the case. Every name imaginable has been assigned as a "principal" of SLJB's NEW EMERGENCE. It's time to give it up and put it to rest.
JMHO of course !
Conversely, why don't you PROVE that SLJB is still alive and doing business. Rather difficult to do I would think since the Nevada shell's corporate status has been revoked and the Canadian shell is doing nothing, no sales, no personnel, nothing but an empty site. The OSC continues to pursue the case against Vucicevich, SLJB et al despite the claims that they would issue an apology and would lift the CTO. Did you buy into that fairy tale too ? You must cease believing all of the disinformation being generated by people whose sole aim is to convince the unsuspecting to buy into the impossible dream in order for them to escape intact. Ain't gonna happen ! You forgot to state that you were only voicing YOUR opinion. This is mine.
I am certainly not defending THE INQUISITOR but I attempted to call Steve Sulja several times. The person answering haltingly asked what it was I wanted and when I explained myself, he said Sulja was not available. I left my name and number and asked that he return my call. Never happened. There is little doubt in my mind that I was speaking to Steve Sulja on those occasions and he was loathe to speak to me regarding anything related to SLJB. The other times I called, I said I was interested in the products that were being peddled by IT CCT LLC. I think he recognized my voice (I guess it's distinctive)and he again said Stevey Poo was not unavailable. He declined to answer when I asked if he EVER appeared at the office and if he EVER returned phone calls. Oh well, so much for opening a line of communication with the farm boy.
SLJB takes it's place among other noteworthy stellar scams such as Russian gold mines, diamond mines and the always popular alternative energy scams. What is so intriguing is that what it was hustling was cement rather than some precious commodity or technological breakthrough. That alone makes it unique in the annals of fraudulent penny plays. It ranks right up there with sponges. Please, if you have a question, I shall be happy to answer with my own question, never an answer.
If opinions are allowed it is MY opinion that people who take exception to the business activities of the ex-CEO of SLJB should contact the proper authorities, lodge a formal complaint and demand an investigation rather than author tedious repetitive posts.
Still waiting for a definitive answer as to how an anvil comes to this conclusion.
"Even his defenders now acknowledge (he) has lied about his SLJB activities?"
"She was very clear that she does not believe that Steve Sulja has a consistent record of credibility."
Is there a reason for the selectivity regarding answering queries ?
Is this not just another form of ingenuous tactics which serve to obscure ?
Please excuse my cognitive lapse but I cannot fathom just exactly which of Jannie's statements leads you to believe either of YOUR statements.
"Even his defenders now acknowledge has lied about his SLJB activities?"
"She was very clear that she does not believe that Steve Sulja has a consistent record of credibility."
Is this some type of parsing exercise for anvils ?
What can possibly be achieved by the incessant questioning of members of this board when it comes to the veracity of Steve Sulja ? Steve Sulja was knee deep in the events that led to SLJB's demise. Whether he was cognizant of all that was being perpetrated is rather moot at this point. Canadian authorities are in a much better position to judge the involvement of the participants and to constantly dwell on the depth of Sulja's involvement seems totally irrelevant and specious.
Is it your contention that Petar Vucicevich is innocent of the charges that have been brought against him ? Possibly you can share with the board the reasons for your position.
Where is the evidence that SLJB is anything other than a dead shell ? I have seen references made to multitudes of personalities and businesses, none of which relate to a "resurgence" of SLJB as being a viable investment vehicle.
The fact that the OSC's investigative process has been so tedious does nothing to invalidate their charges of criminal wrongdoing. SLJB is no different than any other scam that has been revealed. People tend to defend to the death the very vehicle that caused them financial loss. It is a peculiar human trait.
Whether Steve Sulja is culpable will not be decided on an Ihub board. The question is....how long must it be before there is justice in the case of SLJB ? The answer appears to be.... an interminable length of time.
Instead of looking at the New York, New Jersey areas in the U.S. it would behoove Deros to look at sites in Canada where the pickings are a bit richer. Fort McMurray is awash in oil money, a veritable boom town. Do you think that impresses Deros ? Nah, instead he is looking at areas where the unemployment rate tops 10%. He is one sharp cookie alright !
The way I see it, DNNC is ripe for a buyout. Either that or a Chapter 7, Canada's version of bankruptcy. After all, if you aren't General Motors, how long can you sustain losses ?
Mr. Deros stated that while sales were less than the previous period, the
operating expenses were reduced substantially, resulting in record results.
The quarterly losses for the period ($4,617) were the lowest in the
Company's recent history despite the weak economic conditions in the
Montreal market.
So what will it take to get this POS off the ground ? Can you say MIRACLE ?
Looks like Deros is dumping to pay his utility bill. Last one out turn off the lights.
Going forward, the only things that aren't dead and buied re: SLJB are the people who have clung tenaciously to the hope that someone somewhere will prove to be their life saving benefactor. What, I wonder, would lead them to believe that fairy tale ? Who has been privy to Sulja's grand scheme or is "The Resurrection" all speculation, smoke and mirrors ?
What many still don't understand or just dismiss is the fact that a class action is just being held in abeyance until such time that assets are discovered. What business entity wants to assume that burden ? Still, there are those who would have you believe the dream is still alive. I submit that it is dead, just not buried YET.
Oddly enough, I find myself in the same camp as the author of this post. Vucicevich and Sulja were co-conspirators regardless of whether the "farm boy" was ignorant enough to be used. If ignorance were an excuse, 90 percent of criminals would be innocent of wrong doing. I am also beginning to align myself with the camp that feels the OSC, IMET and the Canadian "justice" system is a very bad joke. To allow this to have been drawn out over this protracted period of time is a criminal act in itself !
Who wouldn't want to become a Donini franchisee with results similar to Deros' 10 restaurant flagship ? Very sringent requirements for buying a franchise I bet. Must have taken and failed a course in business management !
Key words..."No one in their right mind". While I cannot assert that Deros is not of sound mind, I can certainly say that he totally lacks the ability to 1. run a business properly 2. take it in a direcion where it would begin to turn a profit.
As for seeing a Donini restaurant ...... I haven't visited Canada in many years but when I was there, the only chain that was doing business was Harvey's.
Did you hear that outstanding news from Mrs. Deros on Twitter ??
Sell for what you can, take a $3000/yr. write off for X number of years and remember the lesson !
Fly High Little Bunny........
Mrs. Deros twittered this would be a bannner year for DNNC ? Maybe banner means something different in Italian. Let's see, at say $10 throw, how many pizzas did Deros hustle ?
DNNC 163000 0.006 978.00 -0.001 -14.29
That contradicts the statement Deros made in an interview where he said pizza pushers do well during recessions. With comntinuing losses I think Deros might look for a buyer rather than looking for acquisitions. If he can't make money with what he has now, expanding will drive him into chapter 11 or the Canadian equivalent !
If people felt lucky acquiring this thing at .007, imagine how lucky they will feel at .004, .002 AND .0008.
I'm giving odds that the next "news" is an LOI like the last "merger/acquisition" "news".
Someone posted the opinion that the next PR would be a "nonevent" and he was roundly castigated for it.
The fact is, there is nothing to indicate that the event will be anything other than another "we intend to expand/acquire/merge" piece of fluff. The penny world is full of LOI's which seldom materialize. Nothing new here.
Interesting, Scottrade has PPS @ 0.00. Pinksheets has FRTW data as follows..........
SOOOOOOO the question is......... what the hell is the current PPS ??
Trade Data / Last Trade Feb 10, 2010Last Sale 0.0095 Change -0.00
% Change -0.000003 Tick Up
Daily High 0.00 Daily Low 0.00
Opening Price 0.00 Volume 0
52 wk. High 0.035 52 wk. Low 0.0005
Prev Close 0.0095 Dividend 0.00
Yield 0.00 Beta Coefficient 0.81
Earnings/Share -0.27
Tell me spidey, you being paid in pepperoni ?
CAREFUL WHAT YOU WISH FOR.....YOUR WISH IS SOMEONE'S COMMAND.
May be looking at .000's tomorrow. Looks like someone solD and made $10 - 15
That was ruined by pessimist like you.
Yeah, you dirty old basher/pessimist !