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Yup! I figured there was a little "synergy" in that. LOL
space and board. I decided the photo site was a mess and you couldn't really tell what was what, so I copied the pictures everyone has been sending me and organized them at this website.
http://public.fotki.com/greenspirit/
Anyone having new photo's, please email them to mike.greenspirit@gmail.com
I found this interesting. I thought lawyers were relatively easy to find on the net since they're licensed. Well, check out these results using http://www.lawyers.com/
Your search for Lawyers named Jay Abramson in Michigan found 0 listings.
Then I tried Jason as his first name.
Your search for Lawyers named Jason Abramson in Michigan found 0 listings.
So far, can't find the lawyer and can't find the mortgage company.
hmmm...
Could be. All I can say after watching today's action the Synergy Between Former CEO and New Team has not been Formidable Against Criticisms.
Maybe Progressive is a subsidiary of Wessal International?
Zillow has the address covered well.
http://www.zillow.com/search/Search.htm?addrstrthood=447+East+Milwaukee+St&citystatezip=Detroit%....
Check out "birds eye view".
I'm curious whether anyone has found any background information on Progressive Mortgage or John Chandler the President?
I found a Progressive Mortgage in Ohio, but I'm not sure it's the right one.
Airys, this is what bugs the heck out of me. Still posted on their website for all to see. I'll highlight the sentences. Yet we have heard nothing addressing the issue.
Please be advised that the financials which were promised on November 15 2006 will be posted shortly. We have experience a slight unforeseeable delay. This delay will be address by 4am EST and the financials will be posted at that time or shortly after.
A new CEO statement will be posted early on November 16 2006 explaining the delay and matters concerning the financials. It is our intention to post this statement prior to posting the financials.
We sincerely apologize if this has caused any problems to our shareholders; it is clearly not our intention to do so.
Thank you all for your patience, understanding, and continued support.
So do I, I think they will respond by 10AM EST.
We'll see...
Here are a few questions I would like seen answered by the reporter. Or at least asked.
1. What was the date of the transaction?
2. Did the mortgage company loan Ammerman money in the past? What kind of relationship did they have, if any?
3. When was the suit filed to collect?
Just the basics there. I could be wrong, but it seems to me when you loan a building company money to complete a project it comes in stages. In other words, when 25% of the building is complete, you get more funding etc. So, I wonder if there weren't some kind of a partnership agreement set up whereby the mortgage company profited on the sale of lofts or some other way.
It also seems strage the way the WS in two sections of that short article tossed in the RCMP "gaze" line.
Wasn't it Petar who told the paper originally they had come by and asked a few routine questions? I don't believe the paper dug up the information, it was readily provided to them.
He also told one of the posters here about the visit before the article came out. Why volunteer such information unless you're comfortable about the outcome?
Just some musings....
I guess that's what through me off! LOL
I didn't notice if Sulja's buddy Gary Rennie wrote the article.
Duh, ok thanks. So let me see if I follow the line of money. A mortgage company loaned Ammerman 900K something bucks for a building project.
What are the dates of these transactions? And when was the suit filed to recover the money?
Maybe someone can explain the gist of this mortgage company complaint. I really haven't the foggiest idea what they are getting at.
For instance, what does this paragraph mean?
Chandler says he loaned US $988,000 million in two mortgages to Loftwerks and Ammerman for development at 447 East Milwaukee St, Detroit.
Who is US?
Totally and utterly false. If you cannot find negative posts on this board you haven't really looked.
When someone gets banned, whether they've been a past short, long, flipper or anything in between, one thing we should never do is discuss them in a negative way when we know they cannot respond.
That's just wrong on many levels folks.
Here's the way I interpret the pr. One positive view and one negative....
SLJB -- Synergy Between Former CEO and New Team Is Formidable Against Criticisms
Sulja Bros. Building Supplies Ltd. (PINKSHEETS: SLJB) today is responding to recent events and shareholder concerns. What follows is a statement from the CEO of SLJB, Mr. Steve Sulja and the current management team now set in place to carry on with the vision of the corporation:
Positive - The complaints about our former CEO will not divide us as an organization. Petar is a great asset, his connections and ability to line up contracts going forward is something to be valued.
Negative - If we go down the toilet and into the sea of SEC oversight, we're going down together. After all, I put my name on over half those pr's, so we might as well fight to the bitter end together.
As previously set forth for public scrutiny, this company is currently forwarding all relevant documents and authorizations for streamlined distribution of pertinent public information to our accountants and attorneys, who will serve as the sole source of information deemed necessary and completely accurate for the public. The Officers and Directors of SLJB want to express their steadfast alliance with the vision and goals of its former CEO and vow to continue in the same light to achieve these objectives in the near future and in the long-run of our operations. Basically, SLJB is aimed still toward new levels of shareholder value and a presence on broader, more prominent exchanges, goals directly relayed from former CEO Petar Vucicevich and taken on as both solid business objectives and as support for the former company leader.
Positive - We are real, and we're going to eventually execute everything we said we were going to do. The lawyers are working with the accountants to esure our audit passes the closest examination possible by the SEC. We also had to transfer some assets in order to come close to our original non audited public financial statements, and the lawyers are watching over that process closely. Unfortunately, the major shareholders of this company demanded we wait before releasing the audit until closer to being ready for an uplisting on the DIFX exchange.
Negative - There were many flamboyant, overzealous and out-right false press releases sent out in the past, our lawyers are looking at them closely in order to find a way for us to escape jail and civil law suits. In the meantime, we're going to toss out some garbled lawyer speak in order to assuage stock holders.
SLJB Management also re-stated that the current onslaught of negative press and its deleterious effects on every aspect of our day-to-day business and, we believe, the injurious downturn on our current share-price is nothing more than pointed sensationalism and an unprovoked tirade serving none but the names of those who would set them forth.
Positive - The Windsor Star lied, and shareholders are causing more problems for us trying to run our business because of repeated phone calls, emails etc. The bad press has also not been good for business, but we will overcome these obstacles and prove them wrong. Our lawyers will determine whether we should seek legal action against the newspaper.
Negative - We've been caught in a lie, but instead of admitting our responsibility toward what happened, let's look for a way to blame outside forces like the Windsor Star and shorts.
As ever, Petar Vucicevich has ensured the Company that he stands behind SLJB to lend support and guidance for the new team and the Company. His purpose is to promote a smooth transition for the newly inundated management team and to ensure the continued success of the Company, both publicly and internally.
Positive - Petar is the dealmaker and we need him to continue lining up contracts for future growth. He will still work to line up contracts even though he is not the CEO.
Negative - We're all going down together.
The Company believes that in five short months, an operation has been built that anyone would be proud of, something for our children to know that our team helped to build, and no one here feels at all different, despite the poorly organized drivel of envious onlookers. These onlookers will become even more diffused as the public observes how stringently the Company adheres to upcoming stricter guidelines and compliance issues set forth on the Pink Sheets and larger exchanges in the near future. We will exceed the minimum requirements of these regulations.
Positive - We are going to get this audit done and submitted in order to meet higher exchange requirements. Those jealous onlookers will be stunned when they see it all come together.
Negative - There is nothing for us to do at this point except blame others for our poor management performance. To do othewise, would open the door for more criticism and share depreciation.
In conclusion, the Company announced that it has secured a position at a globally renowned exposition, and to date they are in fact the only North American delegate attending: Project Lebanon 2007 will be held 2/27-3/3 2007 at the Beirut International Exhibition and Leisure Center. This expo represents a market that expects to exceed $3 billion over the next three years. SLJB has positioned itself to garner as much of that market share as is possible. The expo coincides with the Company's completion of all of the service requirements and licensing procedures to open an office in the country operating as SLJB and subsequent offices in the region that will also conduct business under the SLJB title, a move that will make transparent the true ownership and management of the Company's operations overseas.
Positive - We are still going to go global and find business wherever we can. We have an office in Lebanon by way of Consultech and intend to use their business connections to funnel the proceeds into the Sulja entity. Contracts will be ongoing for many years.
Negative - Let's see if shareholders will forget about the audit and hype another endeavor in order to raise the pps.
Interesting sentence taken from the pr here.
The expo coincides with the Company's completion of all of the service requirements and licensing procedures to open an office in the country operating as SLJB and subsequent offices in the region that will also conduct business under the SLJB title, a move that will make transparent the true ownership and management of the Company's operations overseas.
They just sent a pr out 4 days ago on short notice after another Windsor Star hit piece. What makes you say they are "gagged"? Looks to me like when they want to say something they can and will.
I remember a couple of months ago Sue called the domain owners of http://www.sulja.com/ and they said the site would be updated in a couple of months. When others called to confirm they said they wouldn't talk about it anymore. It also looked like at one point we had the name Sulja.com under development at the current site.
Been checking periodically just in case.
Nothing has changed.
This may be stretching it a bit, but I would assume if they were concerned about it (from a legal standpoint), they would have removed it. So, on some level it denotes a level of confidence.
Interesting the same message appears on Sulja website....
Please be advised that the financials which were promised on November 15 2006 will be posted shortly. We have experience a slight unforeseeable delay. This delay will be address by 4am EST and the financials will be posted at that time or shortly after.
A new CEO statement will be posted early on November 16 2006 explaining the delay and matters concerning the financials. It is our intention to post this statement prior to
posting the financials.
We sincerely apologize if this has caused any problems to our shareholders; it is clearly not our intention to do so.
Thank you all for your patience, understanding, and continued support.
Yes, it's called SPAM. And I've already cleaned up some of it.
Interesting to see NITE so completely out of the action recently. For months NITE has represented over 70% of the trades, but for the last week and especially the past few days, it looks like they represent less than 20%
I think there have been about a thousand posts in the past week basically echoing the same thing. Why on earth would you think it would be deleted?
Gang, please ask yourselves this, do you really want this place to turn into RB board number 2 where no standards exist and hardly anyone is ever banned?
The path of least resistance is toward doing nothing about posters who continuously violate the TOU. That's the easy thing to do, you never open yourself up to all the criticism of *censurship* cries and then alleviate hundreds of posts related to the grand moderator conspiracies theories.
That's the easy path. That's why RB has chosen that route. Much more difficult to set up a system like Matt and Bob have here where moderating is done by forum members, under the assumption most will do a pretty good job.
I would say most of us post here because those rules are in place. Are they perfectly enacted toward every post and every poster. No, of course they aren't. And we shouldn't expect it.
We just do the best we can.
And keep this in mind, we are required to enforce the TOU as moderators. We would be failing both IHUB members and those who expect that level of control if we didn't.
Also please keep this in mind, this is one heck of a busy board. And we really have our hands full. So post on topic, don't be rude, don't personally attack one another and try and be respectful toward everyones opinions.
Ok robo and those who support his/her survey request. although it is off topic. I have *never* been paid a dime from any source whatsoever and in any way imaginatable to moderate this board. And I can almost at the 100 percent level guarantee no one else has either.
We are just average investors who decided to help out moderating when Rager got tired of the effort. We've had people come and go as assistant moderators for quite some time. The requirements to be an assistant are pretty simple. Be objective and fairminded and try and keep the board within IHUB's posting rules.
Anyone who wishes to volunteer for this thankless job, send a pm to fdjr. I personally think the more people who come and go as moderators the better, because, once people see how many posts are deleted that are nothing more than attacks back and forth, they are often very surprised.
IHUB management knows this, they can see the nasty junk and work that goes into keeping this board somewhat useful. That's why the ban list is so high.
Everyone here clicked a little check box when they joined IHUB to adhere to the TOU.
Please do so.
Wow! Ok board, I just cleaned up the ugly posts from today. It looks like warning people about personal attacks is just a waste of time. I am at a total loss of what to do besides adding to the already overflowing ban list. No doubt the list of banned members will increase soon.
Pathetic how much effort has to go into keeping this place within the bounds of IHUB posting rules.
Request everyone take 10 minutes, relax and a bit and read the following TOU;
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Post about stocks.
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Post about stocks.
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Now the detailed version...I'll highlight important elements routinely not adhered to on this board.
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Disclaimer
Looks like EMAAR has Algeria on it's "to do" list as well.
Emaar negotiates major investment deals with Algeria
Reuters
Published: 26/11/2006 12:00 AM (UAE)
Algiers: Dubai-based Emaar Properties, the largest Arab real estate company by market value, is negotiating with Algeria investment deals worth $20 billion, an Algerian newspaper said yesterday.
Emaar Chairman Mohammad Ali Al Abbar held talks with Prime Minister Abdelaziz Belkhadem on Wednesday during a visit that followed a call by President Abdelaziz Bouteflika for more Arab investment in Africa's second largest nation, the El Khabar daily reported.
"The visit aimed at completing the final details related to five huge real estate projects that Emaar is planning in Algeria, with a total cost exceeding $20 billion," El Khabar said, quoting "informed sources".
The newspaper said planned projects included luxury hotels, shopping malls, residential blocks, office towers and leisure sites in the capital Algiers and its coastline.
Emaar, which is also planning to set up a subsidiary in Algeria, aims at starting building its projects in the second half of 2007, the newspaper added.
Emaar, working on a series of property developments across the Arab world and South Asia, is 31.88 per cent owned by the government of Dubai.
Speaking at a conference of Arab businessmen on November 18, Bouteflika urged Arab companies to expand investment in his country, which is trying to lessen reliance on oil and gas.
The north African nation of 33 million people, a member of the Organisation of Petroleum Exporting Countries, benefiting from high oil prices, launched last year a $80 billion spending plan to boost growth and modernise infrastructure over five years.
Officials from both the Algiers government and Emaar were not immediately available for comment on the report.
http://www.gulfnews.com/business/Real_Estate_Property/10085292.html
I see, nothing but sarcasm. Pretty much what I expected.
What would you call it Bob?
Negative or positive, if she has something unique and specific to share, post away.
What information did you share? I must have missed it.
Annabelle, would you care to comment on the accuracy of this first hand report of Sulja/SAM'S?
http://www.siliconinvestor.com/readmsg.aspx?msgid=23040947
Pennimon, let me see if I understand this, because the folks at the Windsor Star have a high school level of research capability, we're supposed to do it for them? No thanks.
I understand your motivation, but if you ask me the guy is dishonest, so any amount of research he's given is going to be slanted in whatever way Mr. Rennie and his Editor want it to be slanted. "I can see the quote now, I called the dock worker in Germany for Intec Industries and he refused to send me a copy of their contract with Sulja".
If they were an honorable and professional organization, they would not have ran three hit pieces on the company and only now begun to do serious research. Kinda like putting the cart before the horse wouldn't you say?
I suspect they fear they are in way over their head legal wise and are desperately trying to find a swarmy way out. What they fail to understand is their latest article did nothing to de-motivate investors who have been impacted by their hit pieces from taking whatever action they deem appropriate.
Playing nice with people who have such low character and decency is not the right road to go at this point. It's up to Sulja to prove or disprove their character assasination with the release of audited financial numbers.
Excellent report by ProfitMaster from SI. Must read!
http://www.siliconinvestor.com/readmsg.aspx?msgid=23040947
After receiving numerous pictures of the inside of lofts being built in Detroit, I can't help but wonder how many of these loft projects Sulja/IBP are involved with?
http://www.loftyfinds.com/directory/detroit/
More pictures coming in. Chap Lofts is being built. These pictures I am told are from a few hours ago. Looks like IBP is doing what Loftwerks used to do.
http://news.webshots.com/photo/2982785020092545634LNwFQf
Interesting, I just checked Google to see if it was being advertised and this is what I found.
http://www.detroiturbanliving.com/listingview.php?listingID=153
Looks like we just missed the open house last Sunday. Done in the same style as Dennis Ammerman??
When you look at all the pictures at once and role your mouse over one, I called the file what the picture is of. In that case it's SAMS.
Looks to me like IBP is taking on the role Loftwerks had and referbishing old buildings into lofts. I wonder how far and wide their reach is?
Interesting!
This one is of SAMS this past Sunday. I should be getting more soon. I was given a long explanation, but I need the persons permission before posting it.
http://news.webshots.com/photo/2451767680092545634DCFRNl