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"if this is a scam then the following would have to be true:"
not necessarily.
it seems to me that most scams contain some kernel of truth...
"...clever ruse by shorties..."
IMO that is nothing more than a theory being tossed around as if it were a fact.
meanwhile there have been so many instances where those techniques were employed to raive price & volume to facilitate selling.
yeah but rruff, some guys here claim to already have that validating info.
but for some reason they want to keep it concealed?!?
that's the point Josh.
it was just a rhetorical device to demonstrate the irony of various longs who claim to have all this incredible DD info but refuse to share it with all the lowly peon "retail" shareholders who were nice enough to buy this stock post-subpenny.
haven't located any definitive "smoking gun" at this point, but have located a sizeable amount of circumstantial stuff that call things into question here.
why do you even need to respond to supposed "amateur bashers"?!?
if all that validating DD is what you have intimated it is, there should simply be no need.
the stock will invariably be going to the moon...
right?
really?
then why don't YOU post what you claim to possess?
i hope you are right Shermann!
"unless you have proof."
how do you know i don't?
maybe you just don't know where to look?
does that sound familiar?
there is actually more than a quantum of circumstantial proof that certain wrongdoing has likely occurred here (e.g., fax blasts, SPAMs, etc.). however, the related details are yet to be known, but will likely surface in the fullness of time.
whether insiders, affiliates, quasi-insiders, tipees & the like are involved remains to be seen.
"Ask the company..."
LOL!!! i have left plenty of v-mails & e-mails for "Sam" & the guy with the Welsh accent (you know, that supposed Wessal IR rep) --- ALL of which went without reply.
i think it was Winston Churchill who once said something like, "A lie is halfway 'round the world before the truth has a chance to put its pants on..."
you keep all that validating DD to yourself --- it makes perfect sense.
TIML -- please feel free to provide anything & everything you want which you consider to be "truth," whenever you want & i assure you it will be met with an open-mined response.
edit: that's your choice.
but it is an elephant in the room that you don't answer any of these questions when there are literally millions of eyeballs reading this board weekly.
oh & btw, "could care less" is a non sequitur.
don't say i never did anything for you.
edit: tanks to pennyjunkie for cortrecting my misspelling!
sure.
if the FY income statement and FY 2007 pro forma are in fact truthful, the issuer's present market cap is ridiculously undervalued.
if the company's many claims of UAE business prospects are truthful, they will have the good fortune to participate in an historic building boom unlike anything ever before seen by this generation.
the problem is that at the moment, it is all ifcome.
how's that?
are you fluent in Arabic?
"by the way the arabic version of Red Sea Group reads much better then [sic] the english translation!"
if so, would you mind translating the Arabic pages to which you've referred?
please provide links too.
tia!
1) my posts are w/in the TOS
2) my membership is premium
3) this board is a general stock board
maybe you should go create a private site like the XKEMers did?
if you do, my feelings won't be hurt if you don't invite me to the, ahem, party...
also doesn't appear to include any cap-ex increase.
you are a private investor. that makes perfect sense.
you, however, did not seek out the public role as SLJB's IR.
that makes it different.
as to the whole Chip=Chad drama. if it does turn out to be true, then either the company doesn't care, or didn't bother to find out.
neither scenario is particularly positive IMO.
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Membership Type:
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Location: Montreal
Age: 30
Interests/Hobbies: Fishing
Favorite Stocks:
Investment Philosophy: Invest in what you know and invest in it big
i'm sure you have already read the posts where i have specifically disclosed in writing that i am currently LONG SLJB.
now why can't the poster known as "chiphldr" come on here & deny in writing that he is currently handling IR for SLJB?
if Chip=Chad, then maybe you missed all those posts on the day the IR was announced where Chip was trying to call IR, etc.
of course if Chip is not Chad, then it is all benign.
however, Chip has been unwilling or unable to effectively refute that suspicion in writing, for whatever reason.
"I'm sure you're aware that many IR firm personnel hold shares in the companies they promote."
if that's all it was there would be no debate.
but as you assuredly know, there is more to it than that.
all of my posts and PMs are within the bounds of the iHub TOS.
"I don't care if he's chphldr."
your moral ambiguity is entirely your business.
Knobias was nice enough to give us his middle intial!
Chad A. Curtis
btw, why did he conceal his name from the CEO bio on Marquee's website until that was made a point of contention?
Sulja-Rah!
Sulja-Rah!
Rah-Rah_SULJA!
isn't his name actually "Chad A. Curtis" with only one "s"?
have already disclosed being long SLJB.
just looking for the truth, power.
somewhat surprised you are not, given your self-styled credo.
no use of the word "housing" there either...
nice Freudian slip!
"...and we will get put in jail!"
btw, "infutable DD" --- what exactly is that?
seems "allinone" is incapable of providing any well-reasoned rebuttal in support of his erroneous claim that SLJB is in any way connected to the entity commonly known as "Red Sea Housing Group."
for a poster who intimated s/he was an insider, it would seem to be an effortless task to post something independently verfiable that completely discounts my concern on this issue.
nevertheless, s/he posted NOTHING of substance to bolster what now appears to be a false claim.
i will patiently wait for ANYONE to post ANYTHING which directly (& independently) links the entity known as "Red Sea Housing Group" to the entity known as "Sulja Bros. Building Supplies, Ltd."
thanks in advance!
some "proof." more like poof.
KORE INTERNATIONAL MANAGEMENT, INC.
Business Entity Information
Status: Active File Date: 4/28/2006 11:26:07 AM
Type: Domestic Corporation Corp Number: E0322152006-6
Qualifying State: NV List of Officers Due: 4/30/2007
Managed By: Expiration Date:
Resident Agent Information
Name: CRA OF AMERICA, INC Address 1: 3638 N RANCHO
Address 2: City: LAS VEGAS
State: NV Zip Code: 89130
Phone: Fax:
Email: Mailing Address 1:
Mailing Address 2: Mailing City:
Mailing State: Mailing Zip Code:
View all business entities under this resident agent
Financial Information
No Par Share Count: 0 Capital Amount: $ 100,000.00
Par Share Count: 100,000,000.00 Par Share Value: $ 0.001
Officers Include Inactive Officers
Secretary - ANDREW DEVRIES III
Address 1: 3638 N RANCHO Address 2:
City: LAS VEGAS State: NV
Zip Code: 89130 Country:
Status: Active Email:
Treasurer - ANDREW DEVRIES III
Address 1: 3638 N RANCHO Address 2:
City: LAS VEGAS State: NV
Zip Code: 89130 Country:
Status: Active Email:
Director - MARK TRIESCH
Address 1: 3638 N RANCHO Address 2:
City: LAS VEGAS State: NV
Zip Code: 89130 Country:
Status: Active Email:
President - PETAR VERCICEVICH [sic]
Address 1: 3638 N RANCHO Address 2:
City: LAS VEGAS State: NV
Zip Code: 89130 Country:
Status: Active Email:
Actions\Amendments
Click here to view 2 actions\amendments associated with this company
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=jyqxhApL6ooCgAKf5%252f1oxA%253d%253d
cross-reference Devries tenure w/Nannaco & what happened to shareholders there -- formerly NANN, now ONCM.
http://finance.yahoo.com/q?s=ONCM.PK
Devries has since resigned as Nannaco CEO:
http://www.bizjournals.com/sanantonio/stories/2004/03/15/daily7.html
see also:
http://swz.salary.com/execcomp/layouthtmls/excl_execreport_112218.html
also, it has been reported that Devries is behind AFQS and BlitzTrader, both of which have been identified by Market Sine in fax blast disclaimers as the purported purveyor of SLJB promotions.
moreover, the phone number for Intl. Bldg. Products (IBP) after-hours voice mail has in the past (& may still) included the outgoing message, "Thank you for calling KORE International..."
http://ipb-usa.com/creditapp.pdf
Petar is listed w/the Michigan SOS as the incorporater of IBP at the Erie St. location.
http://www.dleg.state.mi.us/bcs_corp/image.asp?FILE_TYPE=ELF&FILE_NAME=D200310%5C2003280%5CE0153...
meanwhile, as previously posted, IBP was automatically dissolved by the Michigan Secretary of State last month...
note rhat Mark Triesch is the remaining third of the Devries-Vucecivich-Triesch triumverate that is KORE...
http://www.investorshub.com/boards/read_msg.asp?message_id=11258298
Contact:
Andrew DeVries, III
210-389-2615
why was IBP dissolved in July?
being a "Mogul" and all, i'm sure this one's a softball for you to knock out of the park:
WHOIS Record For
ibp-usa.com
Registrant:
International Building Products Inc.
2970 College Avenue
Suite 220
Windsor, Ontario N9C 1J5
Canada
Registered through: GoDaddy.com
Domain Name: IBP-USA.COM
Created on: 18-Jun-04
Expires on: 18-Jun-07
Last Updated on: 08-Jul-04
Administrative Contact:
Banumas, Tracey info@consultechconstruction.com
International Building Products Inc.
2970 College Avenue
Suite 220
Windsor, Ontario N9C 1J5
Canada
5199738482 Fax -- 5199739302
Technical Contact:
Banumas, Tracey info@consultechconstruction.com
International Building Products Inc.
2970 College Avenue
Suite 220
Windsor, Ontario N9C 1J5
Canada
5199738482 Fax -- 5199739302
FYI - Tracey Banumas (supposed Consultech director of operations) was in HIGH SCHOOL roughly ten years ago. i could find no other credentials for her.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Searched for: INTERNATIONAL BUILDING PRODUCTS (MICHIGAN) INC
ID Num: 14230D
Entity Name: INTERNATIONAL BUILDING PRODUCTS (MICHIGAN) INC.
Type of Entity: Domestic Profit Corporation
Resident Agent: DENNIS AMMERMAN
Registered Office Address: 2843 E. GRAND RIVER BLVD DETROIT MI 48211
Mailing Address: MI
Formed Under Act Number(s): 284-1972
Incorporation/Qualification Date: 10-7-2003
Jurisdiction of Origin: MICHIGAN
Number of Shares: 300
Year of Most Recent Annual Report:
Year of Most Recent Annual Report With Officers & Directors:
Status: AUTOMATIC DISSOLUTION Date: 7-15-2006
http://www.dleg.state.mi.us/bcs_corp/dt_corp.asp?id_nbr=14230D&name_entity=INTERNATIONAL%20BUILD...
http://www.dleg.state.mi.us/bcs_corp/image.asp?FILE_TYPE=ELF&FILE_NAME=D200310%5C2003280%5CE0153...
check out LOFTWERKS fax header on Consultech's Articles of Incorporation as filed w/Mich SOS (yep, we got a multi-billion dollar conglomerate corporation here!):
http://www.dleg.state.mi.us/bcs_corp/image.asp?FILE_TYPE=ELF&FILE_NAME=D200212%5C2002350%5CE0082...
call Consultech's 866 number -- see how they answer the phone!
i have read that material.
point me to ONE public record that substantiates the supposed vast real estate holdings.
show me just one deed - even a quitclaim!
just one.
who is "we"?
what proof do you currently possess that the claimed "Red Sea Group" is in fact the "Red Sea Housing Group"?
besides of course the currently anonymous & erroneous posts of a person who has previously & publicly intimated s/he was an insider?
yet again, ZERO substance.
here on iHub you have a forum where this board realizes hundreds of thousands of reads per day, millions per week.
it would seem that someone who held such incredibly bullish info about SLJB would be more than willing to post it for all those eyeballs to read.
yet for some reason, the "elders" elect to keep all that precious proprietary DD to themselves...
it makes perfect sense now.
do you consider that to be "shareholder-friendly" information?
while yer at it, why not further connect Andrew Devries III to BlitzTrader and AFQS?
or maybe take a look at what happened at Nannaco (until Devries resigned in 2004)?
yeah, that's all great news for SLJB holders...
edit: well, skinluvr, why have so many of the numbers supposedly related to SLJB answered KORE International?!?
KORE = Devries.
and i see yet again, one of the SLJB elders just posts teasing nonsense instead of the supposedly substantive info he possesses because he knows the "right places to look."
i want the truth.
the incessant riddles posted by the LFWK-SLJB "elders" suggest that it has not yet been obtained.
who runs Vista?
i'm not even convinced that Vista exists, 'cept on paper.
who runs CCM?
well, Petar was the incorporator in Michigan, and the fax header read: "Loftwerks" so i sorta discount all the "multi-billion" dollar corporation conjecture.
what kind of financing?
GREAT question! nobody wants to address the May 2005 Loftwerks Reg D filing.
http://sec.gov/Archives/edgar/data/1326452/999999999705022886/9999999997-05-022886-index.htm
if it is of the Rule 504 variety, it coulde be up to one million dollars of securities privately placed between May 2005 and 2006 (coincidentally (or not) just before the move from $0.03 to $0.15).
then there is the $25M and the curiously undisclosed terms and conditions of that facility. Maybe it is interest free in perpetuity OR maybe it is some form of floorless convertible?
however, because all these various terms and conditions have been concealed from the public, no amount of D&B, Hoovers, etc. will likely reveal those details.
and skinluvr, guys like you keep posting teasing pap like this:
"All easy enough to answer if you are looking in the right place."
if you don't have the info, fine. claim you do all you want & how confident you ostensibly are. also fine. but until you &/or your confederates lay those purported cards on the table, guys like me will continue to search public documents, place phone calls, search google, etc.
so far, the results yielded have not been supportive of the version you present.
maybe that is what makes a market?
we shall certainly see...
no, you are inferring that.
anemic volume won't support the dumpage today & as previously metioned, the dumper(s) are disciplined ("self-control") & that their dumping has not substantially eroded the bid support
and also as previously mentioned, i do not know who is doing the dumping --- yet.
you wrote:
"those in charge don't need to waste time on a penny stock"
first, based on your vast DD, who is it that you conclude are "those in charge."
and second, if they don't need to "waste time on a penny stock," why are they working this penny stock so hard?
do they?
skin, sure many of the sub-penny holders are likely gone, having booked thousand+ percent profits, but that doesn't seem to reconcile with NITE's endless supply, nor with the fact that many of the blocks cross on the heels of SLJB's many PRs of late.
if it were scattered 3-6Mil holders, it would not likely have such an organized appearance IMO.
so, now it's not the content of the message, but rather it's the tone?
keep crafting new arguments until maybe one fits...
incorrect, i simply pointed out that the word "housing" appears nowhere on the very page which was claimed to connect the Red Sea Housing Group with SLJB.