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There is no such thing as a smart Investment in a Grey market stock such as SLJB.
All there are is trapped shareholders in a stock that rarely trades.
Shorty does not have to cover because there are no shorts in SLJB this has been proven many times but there never has been proof of a naked short position.
SLJB volume is nonexistent because intelligent investors understand the pitfalls of investing in illiquid grey market stocks...imo
How could an Internet myth cause Bankruptcy?
Seeing as there are zero spongetech shares short naked or other wise.
Interesting info on the Grey market by Securities Lawyer 101!
The Grey Market is the graveyard of the over-the-counter market stocks assigned to it are generally not attractive to corporate hijackers seeking reverse merger candidates because of the almost impossible task involved in restoring the company to normal trading.
http://www.securitieslawyer101.com/revoke-registration/
SLJB Grey market stock rated skull and cross bones on OTC markets!
http://www.otcmarkets.com/stock/SLJB/quote
Also zero shorts and naked shorts!
http://www.otcmarkets.com/stock/SLJB/short-sales
Not to mention that SLJB is a grey market stock and the Grey market is the graveyard for penny stocks.
Does that mean there won't be a short squeeze from the non existent naked shorts?
Are we even talking about the same company?
Well we do know that PV was issuing false press releases under the SLJB symbol while selling SLJB shares I believe that's called a pump and dump...And the business has been defunct for years.
And Loftwerks has a $1.5-million civil judgment against it and has been defunct for years.
So which company would you like to talk about the Bad one or the really Bad one?
Can you name me just one PR that was proven inaccurate?
Eight years later and still no audited financials I would say this one is Highly Inaccurate or in other words petard lied.
SLJB Reiterates Release Date of Audited Financials as November 15, 2006
Sulja Bros. Building Supplies Ltd. (PINKSHEETS: SLJB) CEO Petar Vucicevich reiterated today that the anticipated release date of the audited financial report for SLJB was in fact correct, and that the company and its management are still confident in the 11-15-2006 deadline to publish the report on their website, www.suljabros.com.
Vucicevich then again thanked all those interested for their patience during the period in which the report has undergone great internal scrutiny for complete accuracy. "This will clearly define the assets of Sulja Brothers for the fiscal '06 year-end and set the standard of how our efforts will be measured in the future by our shareholders, our partners in business development, and everyone else who has peered into the 'magnifying glass' that this report has seemingly generated," stated Vucicevich.
There has been zero short Interest since Oct 14, 2011
And before you even say it Naked shorts would be fails to deliver which equals short interest...No shorts NO naked shorts.
No short squeeze ever.
http://www.otcmarkets.com/stock/SPNGQ/short-sales
Well it seems that every LFWK/SLJB CEO had or has Legal problems not to mention they had difficulties running an honest business...IMO
And as always the fact's prove no SLJB short squeeze ever...
I thought the shareholders big day was today 8/4?
Did I miss the Big spongetech short squeeze?...LOL
Shorty has been short ever since the stock was Loftwerks (LFWK).
After the LFWK to SLJB symbol change there was a whopping 55 shares short...BAHAHAHAHAHAHA
And since May 15, 2013 there is ZERO shares short and that is not my opinion that is a fact. It makes no difference who agrees or disagrees with me because I am 100% right backed up by screen shots and a link.
If there is a SLJB naked short position then surely someone can show prove of this ficticous short position but at this point no one seems to have any proof!
Really doing DD ain't it GREAT!
http://www.otcmarkets.com/stock/SLJB/short-sales
Zero SLJB short Interest and as usual Zero proof of a SLJB naked short position.
The NSS fantasy is only believed by Newb's and inexperienced Investors...imo
Well when your just making Numbers up Instead of being truthful like spongetech what's the difference 50 million 70 million who cares as long as they could dump more shares...LOL
How could a company that sold $50,000,000 worth of sponges per quarter be a scam? LOL
Don't all sponge companies usually have there ticker symbol in there advertisement in Ball parks around the country.
I never heard of spongetech until I was at Yankee game and saw the spongetech advertisement with the famous ticker symbol SPNG in there advertisement and Immediately thought yeah ok that's not strange Coke or Bud does not advertise there ticker symbol but the little sponge that could does...And a little DD later and anyone could see it was a pump and dump.
Don't get me wrong I could see the hype and the momentum and got in later than some but got out with a profit before the true believers.
The lesson in the penny market is to buy the stock not the story...Actually you should trade the momentum because sitting around chasing ghost's looking for someone to sue for the last 5 years does not seem like a great Investment strategy...imo
He is most likely encouraging others to throw there money away in his latest pump and dump.
Oddly enough if your blindly positive on a poor performing stock you're a hero if you post the truth and the truth just happens to be negative you are the Devil.
I learned long ago to believe in the facts and not the hype weather it be bad or good...Just sayin.
Zero short Interest in SLJB and that's a FACT!
Have you ever seen anyone post one shred of evidence of a SLJB naked short position?
They can't because It does not exist!
Once a stock is down graded to the Grey market if there were any naked shorts it would be mandatory that they cover on the first day the stock was relegated to the Grey market.
Not to mention that naked short positions have a 13 day shelf life.
When a broker-dealer has a fail position in a "threshold security," and that fail position has persisted for 13 consecutive settlement days, the broker-dealer must take immediate steps to close-out the fail by purchasing securities of like kind and quantity. Even market makers that have such persistent fails in threshold securities must close-out their positions.
The penny market NSS myth is Generally believed by novice Investors that are stuck in a poor Investment.
I see where you're going with this!
petard probably should have consulted with a Lawyer before he committed fraud by issuing false and misleading SLJB PR's.
Not sure why he would need one from a third world country but I'm sure a Lawyer from any country would advice against lying in a PR.
Another flaw in the spongetech NSS conspiracy theory...The Naked short conspiracy has a shelf life of 13 days.
When a broker-dealer has a fail position in a "threshold security," and that fail position has persisted for 13 consecutive settlement days, the broker-dealer must take immediate steps to close-out the fail by purchasing securities of like kind and quantity. Even market makers that have such persistent fails in threshold securities must close-out their positions.
Spin it anyway you want NO spongetech NSS and NO short Interest.
And it won't affect me one way the other...I'm not the one praying for a miracle.
I don't invest in scams then sit on dead money and chase ghost's looking to sue someone because of my poor Investment decision.
Congratulations once again you proved that there are no Naked shares short in spongetech!
Fails to deliver = Short Interest!
And seeing as spongetech has zero short Interest It also has zero NSS.
Spin it anyway you want Spongetech has zero shares short and zero naked shares short.
Interesting read about naked shorting or lack there of.
http://promotionstocksecrets.com/naked-shorting/
and then he orchestrated a scam
I'm going to bet he never considered the consequences when he wrote those false and misleading SLJB Pr's.
Oh Wow! you mean Naked shorts are Invisible to the naked eye?
Now is this something that is just subject to the spongetech fraud where the Management sold 2 billion Illegal shares because It is a fact that a Grey Market stock can not have a Naked short position?
I hate to bother you because you seem to be so knowledgeable about Naked shorting(cough, cough).You can prove that spongetech is currently Naked shorted can't you?
Of course you can show proof that there is 3 billion Naked shares short can't you?
No short squeeze ever!
Seeing as SLJB is a Grey Market stock any NSS position would have covered there position on the first day of trading on the greys as required by the SEC.
Not to mention there is zero short Interest and as everyone knows you can't short a Grey market stock...Just the fact's
Yes really the numbers are easy to find on sykes website...You know actual DD instead of just making it up.
LOL he shorted a whopping 10,000 shares of spongetech and made much less than $1000...
Maybe you should do some actual DD instead of posting false accusations.
Not to mention I have posted the Sykes numbers more than once...Come on man time to catch up...NEVER EVER going to be short covering
Seeing as Spongetech Delivery Systems, Inc is a Grey Market stock any NSS position would have covered there position on the first day of trading on the greys as required by the SEC.
So the Billions of NSS that are alleged in the spongetech fraud are with out merit...There Is no NSS and never was further more the most shares short in spongetech were only 3,032,669 shares back in Sept 30, 2009(hardly anything with 3 billion shares out standing) and there has been zero short Interest since Oct 14, 2011 because a Grey market stock cannot be shorted.
This is not my opinion it is FACT!
http://www.otcmarkets.com/stock/SPNGQ/short-sales
Honestly I just got on I-hub and saw 2 SFIO posts and read them I did not notice you had just posted...anyways I respect your answer.
Skip honest question do you still believe in George?
No activity from SLJB in over 7 years I would have to agree.
Just morbid curiosity since It's been ages from the last time they said anything.
Has anyone been in contact with Cyberlux lately?
What else can you expect from someone that went to the dilapidated old SLJB lumberyard and then wasted even more money on this scam?
He has publicly made a fool of himself and admitted that he is buried in as many as 3 dead penny stocks for over 450k.
It's even more comical because he is just a nasty vile character.
Yeah Investing because you believe that a big short squeeze that does not exist is coming will get your account killed every time.
And you base that on what? Fantasy?
Because there is absolutely no proof of that.
Remember your misguided opinion does not count.
Learn the facts and the Market will stop taking your chip's away.
Again you don't understand the difference between daily short volume and actual short's.
I'm not on any side but It's easy to see there is not the massive amount of shares short that one would be left to believe by all the ridiculous post's claiming there is.