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I hope your hunch is correct, I also believe they are buying as much as possible with the cash they have at these levels. The pain of this share price decline may be worth the final results.
Rumors have been around that the company is finished with acquisitions for the time being and working as quickly as possible to finish the audits. I heard they were planning a big acquisition that didn't pan out after they started DD on the deal, so now it's full speed ahead with share buyback, audit and filing.
I hope the rumors are true.
It's the company's word vs verifiable audited financials.
Possibly the delay if that needs to be changed before the audit's release?
They are still looking for them. LOL
Yep, everyone always forgets they are matched trades.
I will be buying also.
I think we see .08 if the AF is not released prior to the bell on Monday. JMO
The_Free_Nebula,
you wrote: nothing we feel about the CEO now or next week will matter if he is the one that gets SLJB to the OTCBB
I agree with that 100%, most will never remember this delay in the AF at that point.
Ultimately the company would be the strongest holder. I liked the thoughts in your post. GLTY
Guess that well thought out post won't be up for long. LOL You can grab your bottle and go back to sleep. Alias Born On: Friday, September 15, 2006
I believe this delay was planned and is totally intentional. The company wants shares in strong hands as it moves toward it's goal of being listed on NASDAQ. They are shaking out those shareholders that don't see the big picture, they are looking for strong holders for the next move and short squeeze. I believe buying will be huge on Monday when the share price dips below .10.
The above being said, this ultimately hurts the CEO's credibility. He needs to come out with something big next week to regain our trust. Me, I'm holding for the duration.
Tradingismylife
My fault, I typed OS instead of float. I see 580 million, 180M float. Thanks for the correction.
I just looked at the 2nd Q report, EPS was .027, and the NV site says a share count of 1 billion. I see the I-box states 180 million shares outstanding. Did anything other than a normal retraction cause the share price to decline from August to September? I'm just trying to do some DD before making my decision to buy or not. TIA
still,
I sincerely hope we get that chance in the not to distant future.
LOL, best yet!
I think we may dip below .10 also, if we do I will be buying more than I previously planned.
I think it was just misplaced..
We all would like to know the true answer to that question.
From NV site;
The Ceo stated we should use 1 billion to calculate a fair value for the company. Many believe the company buyback has reduced the float to 800,000,000 or less. Others believe the company is selling shares and buying at the same time.
We won't know the answer to these questions until the TA is ungaged. We will probably never know if they were buying and selling at the same time.
GLTY
OT: I have been a Greenbay fan for years, my son and I watched almost every game when he was growing up. He's 21 now and still a big fan. Brett Favre was a hero to him, he has lost his touch, however, I really respect the guy for being a decent person.
GO Packers, Detroit may give them a win.
The dip to .009 was a great buying opportunity, I didn't have the funds to pick up much. I bought what I could. This has been a good learning experience for me. This did dip lower than I ever thought it would. I bought too much in the low 2's and high 1's.
partysasquatch, the largest shareholder that I know of on that board, did post twice today at 10:05 and 1:54 PM.
This poster on the SLJB board seems to get some accurate information, he claims confirmation the audit is being done.
Posted by: Stock H.O.G.
In reply to: None
Date:9/22/2006 3:45:49 PM
Post #of 90654
KPMG is doing the audit. A KPMG partner confirmed this for me. Obviously, I can't get into the details beyond this.
All of the above is in my opinion only. Please do not buy or sell based on what I have written.
lakedweller2, (sorry plasmid posted reply to wrong thread)
Strange happenings indeed with that one. The Marquee web site states:
SULJA BROS. HIGHLIGHTS AUDITED FINANCIALS (KPMG)
Company has indicated the release of the Audited Financials by September 23, 2006.
We can only hope for the best at this point. GL
You do realize the Canadian $$ is much stronger than ever before, right?
Not exactly true, in the past it's value has been greater than the dollar.
PA came out fighting today..
OK now we are playing mine is bigger than yours??
I think you have that reversed? LOL
$15,879,839/US = 14,178,425/C
1 US Dollar = 0.892857 C
Out for better plays, may come back someday. I lost on this one, one of very few so far this year, hype and no follow through. Good luck to you guys, I hope you make a bundle.
midas, Thanks for that great update..
All bashing IMO.
ILOVETRUDIE Posts
Just trying to save money for others.
Sulja Bros. Building Supplies, Ltd (SLJB)
9/21/2006 6:18:34 PM
With the history of this company, I bet
Sulja Bros. Building Supplies, Ltd (SLJB)
9/21/2006 6:16:59 PM
I'm a little skeptical about the pr's and
Sulja Bros. Building Supplies, Ltd (SLJB)
9/18/2006 7:16:01 PM
Did anyone buy SLJB, I heard it's a
PennyFriends
9/1/2006 5:21:13 PM
Pachyderm. What is up with this thing?
Sulja Bros. Building Supplies, Ltd (SLJB)
9/1/2006 5:11:19 PM
Don't be mad. People are telling me
Sulja Bros. Building Supplies, Ltd (SLJB)
8/31/2006 10:22:55 PM
I agree Pachyderm. smells like scam..
Sulja Bros. Building Supplies, Ltd (SLJB)
8/31/2006 10:00:11 PM
Pachyderm. So, what do you think about
SLJB
Posted by: Stock H.O.G.
In reply to: None
Date:9/21/2006 6:07:55 PM
Post #of 87707
9/21/06 Interview with Chad from Marquee:
1) Have you been notified of any delay in the release of the audit?
No, Petar has not informed me of any delay. Therefore, we'll have to assume that on or before the 23rd, we'll have them. If there is a delay, we will be notified. Also, KPMG will be signing off on the audit.
2) Where will the audited financials be posted?
The audited financials will be posted to www.suljabros.com & will also be submitted to EDGAR.
3) Can you inform Petar that we voted regarding the possibility of having a message board on the Sulja website and of 146 votes, 133 said it's a bad idea? However, the idea of a CEO-blog to communicate was mentioned as a good idea.
Yes, Dwight (from Marquee) will be talking to Petar and will inform him. He also said that he does not believe Petar will do this anyway.
4) Do you ever release any PRs for Sulja?
No. I do not have the authorization to do so. However, I do try to gather the concerns of the shareholders and pass them to Petar for addressing. Today's PR is a good example.
4) Since you are doing the Sulja IR for free, on a trial basis, will you continue to do this in the future?
No. At this point, I have sold Marquee to Dwight. Dwight and his team will be fielding all calls going forward.
5) Does Dwight have a working relationship with Petar?
Yes. He speaks with Petar directly often and has a very good working relationship with him.
6) Why did you sell Marquee?
I plan to focus more on my real estate business and other ventures. The level of stress associated with managing the IR for Sulja is very, very high. In addition, many people do not appreciate the hard work that is being done here. I've also been threatened and my character and integrity has been questioned one too many times.
7) Will Sulja continue to use Marquee or hire a large IR firm?
Sulja will most likely hire a large IR firm in the near future.
8) I would like to gather other questions from the board and have them answered. Should I contact Dwight?
Yes. Gather the questions and e-mail them to Dwight. He will either answer or get the answers from Petar and respond back to you (or Petar will issue a PR or Statement, if warranted).
9) One last question. Are the financials posted on the Sulja site in U.S. or Canadian dollars?
Dwight will contact Petar to confirm and we will let you know.
***************************************************************
If anyone has any questions, please let me know. I'll gather them up and e-mail Dwight tonight!
All of the above is in my opinion only. Please do not buy or sell based on what I have written.
gnulnx
My point was they called it correctly, before it happened. I wasn't going to sell and I don't plan to sell anytime before .50. They have a trading style that works for them; I think this one will work in the long run for us as well. I do trade others; I just decided to play this one as a long.
This board looks great, just making a suggestion. (Coulda, shoulda, woulda) I don't play that mind game, it's best to look forward.
OT: This is the car they picked for me, PA get going, I need this!
You believe in maximum performance and minimum baggage. You like to travel light and fast, hit the corners hard, and dance like there's no tomorrow.
gnulnx,
I don't like bashing as a shareholder, however, some of the views expressed as I posted yesterday can't be denied. If we traded this stock when it was approaching .04, and bought back in at .0095 or even .015 or .025, we would own a lot more stock or have a lot more dry powder. I decided to let this one ride when I invested, I won't be selling anytime soon. Valid points were made, I am guilty of fighting them but they were correct. If the posts aren't demeaning to anyone, I think they should all stay as a record of what really transpired.
I get them.
I need a date with the audit, what's her name?