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easy, walk in and ask the manager, they are flying off the shelf! do they have CVS stores in Vancouver, Canada?
you a shareholder why would it matter what the company tells the shareholders?
walgreens, walmart, kmart, cvs, ace hardware...a who's who!! now thats distribution,not to mention the countless other names!!
keep it up!! Increasing sales, Increasing distribution, Increasing sku's. Keep dreaming about the 3 billion authorized, PIKE continues to buy up the FLOAT!! SEE YA!!!!
there is not 3 billion outstanding, thats the difference here!! the O/S SHARES are 722 million per scottrade info
the AUTHORIZED can be a trillion, the O/S and Float is what matters!!
Scottrade says otherwise!! provide a link, YOU CAN'T!!
outstanding is what is relevant here. The authorized number may be 3 billion, however, when spogetech draws on loans from RME (FRIENDLY INVESTORS/MANAGEMENT) they are issued shares when the loan is re-paid the shares are retired!! keep dreaming about the OUTSTANDING ever becoming the AUTHORIZED!! Its a beautiful thing when wall street miscalculates and a company has friendly investors loaning money at favorable rates!! HEDGE FUNDS MISCALCULATED!!
scottrade verified it..you?
The practice of the Firm is international, regional and local in scope and is focused primarily on commercial, financial, construction matters, procurements contracts, engineering contracts, government regulatory issue for its different authorities, banking and business transactions including, commercial contracts, joint venture, infrastructure projects, telecommunication, aviation, litigation, and arbitration.
The Firm represents, either generally or for specific transactions, a diverse group of UAE clients, including public and private sector authorities of all kinds, merchant families, banks, industrial and services companies and several major public joint stock companies. The Firm also has a wide range of foreign clients investing or doing business in UAE or elsewhere in the region.
The Firm provides a scope and sophistication of services, which is comparable with major firms, at the same time remaining small enough to provide to all our clients the highest degree of professional service. Responsiveness to the particular client's requirements and personal services to our client's remain of paramount importance. Our client's success is our main concern.
The Firm has been particularly active in the following practice areas: commercial laws of UAE and each of emirates dealing with regulatory matters of public sector entities, infrastructure projects, (procurement and engineering and construction contracts, inbound investment.
LOOKS LIKE MR KHAN WORKS FOR A POWERFUL FIRM, that was easy finding him. "Mr. Shahid Khan has been functioning as a bridge between our North American suppliers and Middle Eastern Contractors. Mr. Shahid Khan has been the facilitator of many contracts in the Middle East."
local WALMART blowing out sponge bobs
provide a link to your bogus claim, scottrade has the OS 729 MILLION SHARES, not the bogus 3 billion you are claiming. i can back that up with verifiable info YOU?
another powerful connection...Mr. Shahid M. Khan
M.A., LL.B., University of Punjab, Lahore. Attended Academy of International & American Law at University of Texas, U.S.A.
Mr. Khan's broad based practice focuses on international, commercial, corporate and banking transactions, with particular emphasis on transactions relating to Middle East and U.A.E. Mr. Khan has represented numerous multinational clients and Middle Eastern interests in major commercial contract negotiations and arbitrations in particular under ICC rules.
Senior Legal Counsel and Head of the Legal Department of one of the major Industrial and business Group (SCC Group, Jeddah) (1991-1997). Member: Law firm of Dr. A. Munifi (1983-90) Riyadh, Saudi Arabia. Member M/s. Cornelius, Lane & Mufti, Lahore, Pakistan (1980-83) and currently represents the firm in UAE.
Author: "Commercial Laws of Saudi Arabia", Oceana Publication Inc, USA Secured Lending in Saudi Arabia (International Financial Law Review). Visiting lecturer at Emirate Institute of Banking and Financial Services (EIBFS), Sharjah, Dubai University College, Dubai on contract and International business law.
Member: International Bar Association, American Bar Association and Punjab, Lahore High Court Bar Pakistan
*Khan is also president of the Sulja board of directors
per gary rennie article
*Mr. Shahid Khan, a prominent attorney in Ontario, Canada. With the new CEO on board, the contracts he was involved with will be announced. Mr. Shahid Khan has been functioning as a bridge between our North American suppliers and Middle Eastern Contractors. Mr. Shahid Khan has been the facilitator of many contracts in the Middle East."
per sljb press release
not discounted this is a smaller version of original sponge with 1/2 of the washes (4) vs the original (8). 1/2 the soap, smaller sized sponge = LOWER PRICE!! HELLO!!!!
im a shareholder willing to be patient along with PIKE. you accumulating at these prices?
temporary issue for a long term holder.
i disagree, i believe the market participants and hedge funds counterfeited hundreds of millions of shares expecting RME to dump and they did not!! game over, PAY UP!!
i welcome the wells notice as it will allow the company to expose the hedge funds and the market particpants manipulative actions.
appears to be one powerful company to be working with.
About Futura
The Futura Corporation, the 7th largest privately held corporation by revenues in British Columbia (20th largest including all public and private companies by revenue in BC), is a leading asset management and investment firm. With major stakes in public companies, strategic investments in the private sector, loan portfolio administration, property management and ownership of private companies, The Futura Corporation is a diversified investment house with emphasis in the Building Materials sector.
Long Term Vision and Strategy
Futura is a value investor with the patience and foresight to invest in companies that are undervalued. Careful analysis of a company's balance sheet, intimate knowledge of the specific industry and a review of management effectiveness, are all assessed prior to any investment. Our objective is investment growth, over time, in companies that have sound fundamentals and proven management expertise. Through our direct and indirect ownership positions, we maintain a revenue base of over a Billion and a half Canadian dollars in revenues and employ close to 2,000 people.
Futura Quick Facts
7th largest privately held corporation by revenue in BC.
20th largest company in BC (both private & public) by revenues.
Exceptional track record in closing accretive acquisitions.
Expedite difficult transactions within short timelines.
Decentralized management structure with invested companies responsible for day to day management and attaining annual forecasts.
Strong management skills and demonstrated knowledge in invested industries.
Emphasis on companies with strong fundamentals and growth potential
Anyone research names listed on sulja sign in harrow? Google streetview has some powerful names listed on it!! why isn't this bring discussed? Names of such powerhouse names must have some connection..anyone??? This is still the sulja board right?
Yes, they acquired SAMs building and e&y even acknoledged the acquisition in their q4 advisory to clients snd it was confirmed in the press release with a statement by mr. Moretto, question is why would it concern you? I'm a shareholder and personally verified it myself. What have you done?
appears you have lots of unanswered questions yourself!!
you write:
"who cares"......
We the shareholders do!!
you write:
"There is no evidence the Nevada shell company owned by
shareholders was ever merged with any other company.".....
why does the OSC referance SULJA NEVADA in their filings than... APPEARS INDEED WE HAVE LEGAL REPRESENTAION AND SULJA NEVADA EXISTS, CONTRARY TO THOSE WHO ARE OUT TO DECIEVE THE PUBLIC
"AND WHEREAS counsel for Sam Sulja, Steve Sulja and Sulja Nevada confirmed in advance that he would not be attending the March 4, 2010, pre-hearing conference;"
www.osc.gov.on.ca/en/Proceedings_rad_20100304_sulja.htm
you write:
"but which Sulja company did they sell those assets to?".....
follow the pattern not very difficult the SAMS trasaction was PR'D by SLJB the nevada shell company you describe and E&Y even pr'd the transaction in their 4th qtr 2006 advisory and to top that mario moretto confirmed the transaction in a official press release. "Mario Moretto, President of Sam Building Materials, agreed with Sulja Bros. and stated, "Since October 2nd, we have been working under the Sulja banner. The purchase was completed and the documents are with our lawyers. I have spoken to no one from the Windsor Star, and I am uncertain to where they are getting their inaccurate information from. I want to state again that the deal has been finalized and everyone is very pleased with the result."
you write:
"According to the land title records for the Sulja property in Harrow and the SAM property on County Road 17, none of the lands changed title. John Sulja Sr. is still the principal owner of the former lumberyard property near Harrow."
That's correct..the buyout was for the business not the property, you cannot buy the property when its been leased to you by a 3rd party.HELLO!! "The take over was seamless and everyone is happy with it. "We have been conducting business normally and without hindrance since October. We plan on continuing as such and on expanding our business despite efforts of those outside our organization trying to derail our efforts for reasons unknown to us," the spokesperson said."
you write:
"It's not proven yet, but most likely they also sold those assets to Vucicevich's Sulja Building Supplies"
just like the OSC ALLEGATIONS and nothing has been proven on the part of the OSC
you write:
"You cannot buy a 2x4, box of nails or a bag of cement from a company in the Windsor and Essex County area with a Sulja name on the bill."
Thats about the only correct statement you made in your entire post, because at one point you say "john sulja sold sulja building supplies accounts payable and receivable to another Ontario incorporated company, Sulja Building Supplies, set up by Vucicevich. Sulja Building Supplies went into receivership." which was the closing out of the old corp, which was being rolled into new corp. If you recall the expansion name was not under the SULJA BANNER, it was totally different PR'D by Steve. The ultimate goal was not to be a a mom and pop hardware retailer but a global commodities trading company IE:International Trading, which they were setting out to do long before the CTO trading order.
The OSC HAS SHOWED US NO PROOF TO THEIR ALLEGATIONS. LET'S SEE WHAT THEY HAVE BEFORE ANYONE SHOULD CONSIDER WRITING OFF ANY SHARE IN SLJB, AS HAS BEEN SUGGESTED BY OTHERS. PATIENCE!!
what happend to all the claims of dilution? todays volume proves just how wrong the contrarians have been about the share structure.
..."WINDSOR, ON--(MARKET WIRE)--Nov 24, 2006 -- Sulja Bros. Building Supplies Limited (Other OTC:SLJB.PK - News), today dismisses reports published in the Windsor Star that claim that the acquisition of Sam Building Material has not been closed. The deal has been completed and all assets and employees have been rolled into the Sulja family. No one was laid off.
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A spokesperson stated, "Their entire inventory including trucks and other fixed assets have been acquired by Sulja's and we have been functioning as one for more than a month now. The property is a lease but everything else is solid assets. We want to dispel the reports that have been published in the Windsor Star; it seems as Gary Rennie, reporter from the Windsor Star has a personal vendetta against our company and its management."
Mario Moretto, President of Sam Building Materials, agreed with Sulja Bros. and stated, "Since October 2nd, we have been working under the Sulja banner. The purchase was completed and the documents are with our lawyers. I have spoken to no one from the Windsor Star, and I am uncertain to where they are getting their inaccurate information from. I want to state again that the deal has been finalized and everyone is very pleased with the result."
"The take over was seamless and everyone is happy with it. We have been conducting business normally and without hindrance since October. We plan on continuing as such and on expanding our business despite efforts of those outside our organization trying to derail our efforts for reasons unknown to us," the spokesperson said.
APPEARS INDEED WE HAVE LEGAL REPRESENTAION AND SULJA NEVADA EXISTS, CONTRARY TO THOSE WHO ARE OUT TO DECIEVE THE PUBLIC
"AND WHEREAS counsel for Sam Sulja, Steve Sulja and Sulja Nevada confirmed in advance that he would not be attending the March 4, 2010, pre-hearing conference;"
http://www.osc.gov.on.ca/en/Proceedings_rad_20100304_sulja.htm
you mean they stopped counterfeiting for a change?
ive had a order in all day to fill at .035 nothing!!
buy order at .035 not filling, what does that say
you post your proof they are coming from the company, you cannot!!
its a shame you dont acknowledge the counterfeits the likes of NITE print on a daily process to line their pockets.
based on our conservative model $50,000,000 was easily attainable for SPNG in 2009, not to mention their increased number of SKU'S this year, of the uncle norms pet sponge, dora, and coming online soon the spiderman, the marine sponge. Metter spoke of increasing to 100,000 outlets. run the model based on a 100,000, numbers are sick!!
ACE hardware=4600 Kmart=1328 stores Walgreen=6242 CVS=6272 Walmart=4227 Not including kmart canada, website sales, internet sales, ON SEEN ON TV STORES, major supermarket chains
spooky 3 stores:Walmart, Walgreens, and CVS account for 12,500
stores, if you figure there are 25,000EST outlets carrying the
products x 100 sponges sold per month per retail outlet
$50,000,000 in sales is not far fetched
based on 12,500 outlets at 100 products per month =
1,250,000 x $3 wholesale =$3,750,000 per month x 12 months =
$45,000,000 in sales based on these conservative numbers of
25,000 retail outlets moving 100 units per month over a 12 month
model.
you run the #'s, 12,500 retail outlets with only 3 retailers Walmart, Walgreens, and CVS. NOT including KMart, online sales ACE Hardware and the other retailers that carry the products. That's alot of sponges per location. at $3-$4 wholesale.
do you have any evidence that the shares are coming fromthe company or could it be possible that wall street has a unlimited market maker excemption printing counterfeit shares?
.035 buy order being filled at .032
From the small beginnings in 2006 SAM Building Contracting LLC has grown to its present position as specialized Pre-engineered steel building contractor in Erection and Turnkey Construction in the Middle East. SAM has been on a steep upwards trajectory to market leadership and its growth continues strongly, fuelled by its investments in people and technology.
The Pre-Engineered Building concept is recognized to be the most versatile and economical method of constructing buildings up to three storey. The economy and speed of delivery of this building is unbeatable and the extra speed and quality of SAM erection is the reason behind its phenomenal growth rate.
Our mission is to be the most Professional Contracting Company providing Turnkey solutions in Steel Buildings and Pre-cast Concrete Buildings using latest technology in the
field, in Dubai and around.
We guarantee an immediate response throughout the process of acquiring your preengineered building, right from quotation through approvals, design to the final erection.
At SAM Building Contracting LLC, we are committed to Your Satisfaction
took you less than 2 minutes to respond..hillarious)In otherwords, are you willing to acknowledge you were wrong all along, with a answer like that when peter is found not guilty and is slapped with a small fine?
per steve sulja "Basically, three insiders with 40 million shares from the open market did not meet the 10% of class rule; therefore, they are no longer considered insiders."
Wonder what steve was seeing when they were pulling the NOBO LIST? Insiders control a major amount of shares, what % of the float is closely held?
SLJB releases share structure...
WINDSOR, ON, Aug 22, 2006 (MARKET WIRE via COMTEX) -- Sulja Brothers Building Supplies, Ltd. (PINKSHEETS: SLJB) announced today that the company is releasing the current share structure to the investing public. Sulja Bros. currently has 800 million shares authorized with 500 million shares outstanding. All share counts have been rounded to the nearest million.
CEO Steve Sulja stated: "The current outstanding shares are 500 million. There are 362 million shares held by insiders. Of the 362 million insider shares, 162 million are restricted. There are 138 million shares in the public float. The number of inside owners, of 10% of common class shares, decreased after the reverse merger. The increase of outstanding shares from 200 million to 500 million excluded holders of 20 to 50 million shares from insider status. Basically, three insiders with 40 million shares from the open market did not meet the 10% of class rule; therefore, they are no longer considered insiders."
any updates on this lawsuit? Friday, May 15, 2009
Market Flooded with Counterfeit TASER International Stock
Congratulations to everyone who worked on the Campaign against Tasers and Taser International, Inc. Your publicity of the many unwarranted taser death caused several financial giants to “short sell” the stock, whereby they made a profit when the stock fell. But something else happened. READ:
Taser International, Inc. sued Morgan Stanley, Goldman Sachs, Merrill Lynch, Deutsche Bank Securities, Credit Suisse, Banc of America Securities and three remnants of Bears Stearns for engaging "abusive naked short sales" of TASER stock that have devalued stock and created millions of shares of "counterfeit" or "phantom" shares. (TASER International v. Morgan Stanley, No. 2008-EV-004739-B)
The complaint, filed nearly a year ago by Bondurant, Mixson & Elmore partners John E. Floyd and Steven J. Rosenwasser and Houston's James W. Christian and John M. O'Quinn, accuses the companies of violating the Georgia Securities Act, the state's Racketeer Influenced and Corrupt Organizations Act and the Georgia Computer Systems Protection Act. A fourth count, added later, also alleges conversion.
NOTE:
The practice of short-selling is itself a long-standing and perfectly legal activity. A buyer who thinks a stock will lose value borrows some of that stock from a willing lender, sells it on the open market at the current price and then buys replacement shares and returns it to the lender. If the stock price has fallen, then the short-seller makes money on the transaction because he sold the borrowed stock for more than he paid for the replacement. If the price remains stable or rises, the short-seller loses money by having to pay more for the replacement than he received for selling the borrowed stock.
The short-sellers are generally hedge funds that borrow the shares either from their prime brokers -- the defendant companies -- or from a central clearinghouse established to hold and oversee such loans, the Depository Trust & Clearing Corp. (DTCC).
Under Securities and Exchange Commission rules, the seller of stock generally has three days to deliver the shares to a purchaser, or "settle," although in these days of computer transactions, no actual paper shares are transferred; rather, an electronic confirmation of the sale is sent to the purchaser
COMMENTARY
Short-selling is so much an integral part of Wall Street trading that people may tend to take the mechanism for granted. Like the Bernie Madoff Ponzi Scheme, a vacuum of phantom wealth is created in the short-selling process.
This is how the plaintiff, TASER International, describes the phantom of counterfeited stock created by the brokerages.
The suit includes figures purporting to show that, on a given day, the number of TASER shares the DTCC recorded as being held by the defendant companies could be vastly lower than the number the company itself claimed to control.
For instance, on May 22, Morgan Stanley claimed "beneficial ownership" of 11.7 million shares; the same day, DTCC records showed the company holding 2.6 million.
The so-called "phantom shares" also dramatically increased the number of TASER shares reportedly held by stockholders, the suit says.
“Objective shareholder voting data demonstrates that the defendants' unlawful selling of unregistered and unissued TASER shares flooded the market with counterfeit shares," it says. "For example, at the time of TASER's 2005 annual vote, TASER had approximately 61.1 million shares outstanding. Yet, approximately 82 million shares voted, an additional over-vote of approximately 20 million shares.”
UPDATE: Eddie Griffin (BASG) began watching TASER International (NASDAQ:TASR) stock at $5.01 per share. As of this writing, the price is $4.14.
The implication in the above cited case would suggest that TASER International, Inc. will not deliver on a short-sell of its stock. Security companies may cease trading the stock for fear of lawsuit.
Ask the OSC, their investigation is going on 3 1/2 years with what proof do they have to their allegations?