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Frank,
No problem man....Prayers for you and Mike.
Take care of yourself.
Please help Frank.....
To my friends, family and business associates.
I am sending this to everyone in my address book.
If you want to forward this on to anyone it would be a God send because you can never have to many prayers.
I am Humbled.
Frank
Mikes Story: http://www.prayabout.com/requests/22532/Mike-was-shot
DONATIONS CAN BE MADE OUT TO:
Frank Schuler for the benefit of Michael Schuler
Acct.# 10055555
c/o Nantahala Bank & Trust Co.
86 Hiwassee St.
Murphy NC 28906
Banks phone # is 828-837-1402 for any questions.
Sorry guys but playing the Casino/Gambling card isn't going to miraculously bring our beautiful SULJA down.
SEC Votes To End Naked Short-Selling 'Grandfather' Protections
Last Update: 6/13/2007 11:23:33 AM
By Judith Burns
Of DOW JONES NEWSWIRES
WASHINGTON (Dow Jones)--The Securities and Exchange Commission voted Wednesday to
approve a change to tighten rules intended to curb manipulative short sales,
including so-called "naked" short sales.
The change eliminates a controversial exception that shielded existing short
positions from requirements to deliver hard-to-borrow shares within 13 days of
settlement. Once the change takes effect, short positions previously protected by
the grandfather clause must be closed out within 35 days.
SEC Chairman Christopher Cox said persistent failures to deliver shares sold
short seem to be due to the grandfather protections, which the SEC included in
2004 to prevent stock-market volatility. Critics complained the protections
undermined efforts to clean up abuses involving "naked" short sales.
Short selling involves sales of borrowed securities, producing profits when
prices decline. The practice is legal, but the SEC's Regulation SHO sought to
prevent "naked" short sales, in which short sellers don't borrow securities they
sell.
SEC officials said delivery failures have declined about 35% overall since
Regulation SHO took effect and have fallen about 53% for hard-to-borrow stocks
defined as "threshold" securities.
-By Judith Burns, Dow Jones Newswires, 202-862-6692; Judith.Burns@dowjones.com
(END) Dow Jones Newswires
June 13, 2007 11:23 ET (15:23 GMT)
Listen to the SEC:http://www.connectlive.com/events/secopenmeetings/
Yeah paint the VWAP with a 1000 shares
Aren't you guys(Negative posters) going to say they painted the VWAP 0.0156
[UP from 0.0136]
Last post!! GO SLJB! GOOD LUCK TO ALL THE LONGS!
So if your not invested i have nothing to talk to you about!
Thanks for wishing me good luck!!! The same to you.
I ask again!!! Do you have proof? If not then lets wait for the A/F's
You know exactly what i mean!!! Don't try to twist my words.
I'm invested in this company! What about you?
Good read!! Thanks
As far as I'm concerned business sucks everywhere. Only the strong survive!!! Go SLJB
I'm with you Jerry... Long and Strong!!
Win or lose I'll be here.
Lets give them a chance to show us that they are no longer a Momma/Pappa company with the A/F's.
How's about we all just wait for the A/F's
Then I'll be willing to listen to all your negative postings.
I agree that economy sucks over there. The big guys are falling fast. So your telling me that Sulja is going to close their doors and close up shop because no more jobs? Small Momma's/Pappa's companies/businesses will survive this.Let just wait for the A/F's.
You are only speculating. Lets wait for the A/F's to come out.
How would you know that?
Who are you referring to when you say WE?
I would think thats a good thing... It just means they are so busy can't keep an inventory,A lot of back orders to fill.
Do you have current pic's?
Really?? What makes you say that?
This is a picture of the new building in Alberta Province. See link:http://pennypropicks.com/_wsn/page5.html
scroll down to bottom.
LAS VEGAS, NV -- (MARKET WIRE) -- 05/10/07 -- Today, SLJB (PINKSHEETS: SLJB) CEO Steve Sulja announced the Company's intention to open a new operation in Alberta, Canada. This decision comes on the heels of his return from a week-long trip to the area where negotiations and discussions with local contractors, suppliers, provisional local business developers, and Windsor Businessmen who have already ventured to the Province took place.
would you please explain this post?
Thanks Oreodiamonds!
Naked Short Positions Still Under SEC Scrutiny
Peter Chapman
May 17, 2007 - Should market makers be able to maintain uncovered short sale positions in certain so-called threshold securities indefinitely?
The Securities and Exchange Commission still hasn't made up its mind. It originally OK'd the idea, in early 2005, but then flip-flopped last September.
In March, it reopened the comment period covering its proposal to rescind an exception to its Regulation SHO that allowed dealers to maintain certain so-called "naked" short-sale positions indefinitely. Reg SHO, which covers short-sale tick tests as well as naked short sales, is in pilot phase.
The new comment period, now ended, was undertaken to make some previously confidential data available to the public.
However, the release of the data only proves that Reg SHO is working well and that there is no need to rescind the exception for certain threshold securities, according to one big market maker.
"The data shows that Reg SHO has indeed worked," said Len Amoruso, Knight Capital Group's chief compliance officer and co-head of the office of general counsel. "The data seem to support the fact that you don't need to eliminate the grandfather clause."
Reg SHO's grandfather clause permits market makers to maintain open short positions in securities that landed on an exchange's "threshold" list after they put on the position.
A threshold list covers the names of securities sold short but not delivered within the standard three business days. The grandfather provision makes it possible for dealers to take on a risky short position when handling a customer order without fear that they might have to close the position at a loss.
Critics complain that brokers should not be allowed to sell stock and not deliver the securities within the three-day settlement period. The debate has grown heated in recent years.
The information just made available by the SEC was gathered by the NASD and covers Nasdaq threshold securities. It is about two years old. The data show that 58 securities out of 379 remained on the threshold list eight months into the Reg SHO pilot, which began in January 2005. On a recent day in April, Amoruso noted, only 12 securities were on Nasdaq's list.
The drop means Reg SHO is working, according to Amoruso. "Dealers are closing out their fails," he explained. "The fails are not extending for as long as they used to. Firms may not be as aggressive in putting on short positions."
Despite the decline, the SEC still appears inclined to eliminate the grandfather clause. Chairman Christopher Cox, testifying before a congressional committee on the SEC's fiscal year 2008 budget, told the representatives that naked short selling is a significant concern for the regulator.
Reg SHO "has been inadequate to shut down the problem," Cox said. "We are in the process right now of tightening up our rules on that."
The SEC has received hundreds of letters from angry Americans decrying naked short selling. The SEC told Traders Magazine it will make a final decision in "late spring."
(c) 2007 Traders Magazine and SourceMedia, Inc. All Rights Reserved.
http://www.tradersmagazine.com
Yes it is illegal. But it happens everyday!!!
You go do your homework my friend.... LOL
Why don't you check this link:http://www.tradersmagazine.com/magazine.cfm?id=2810
Here is proof you can short penny stocks:
http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?key=usxp&cntry=usa&tag=...
Oh Yeah!!!! thanks for the update Airys418
UPDATE!
Just confirmed, Turner Stone will be traveling to Sulja on May, 25th for the purpose of the audited financials.
I was told that this will NOT be another inventory for the company.
It looks like they are finalizing whatever needs finalizing and our audited financials are coming!
10 days till Turner Stone goes to Sulja and 51 days to the OSC hearing!
Go Sulja!!!
Peace,
Airys418
Long and Strong!!!
OK... I'll drop it. Doesn't mean that i agree with it!
Have a great day!!
I really don't see any particular person being named?
Thank you for your kind reply.I am not a paid member of this message board so i don't have PM. Is that the only way you can get answers on questions here?
HIya Matt,
Would you please explain to me why this post on SLJB Board is a TOU?
Refute WHAT "evidence"?...
You have nothing but empty accusations that will be dealt with quite conclusively on 7/5/7. Your artful campaign to induce & promote fear in SLJB investors by bullying them into never-ending refutations of your disingenuous allegations is not working.
Your incessant 24/7 derision of all things SLJB...even including it's employees & shareholders, is indicative of a criminal enterprise striving to destroy a growing business concern. The increasing shrillness of your group's attack is serving to illuminate quite nicely a growing desperation within your ranks.
You and I do share one commonality, though...we both know what's coming on July 5, 2007, don't we? I have the money, the knowledge, and the patience to sit quietly and wait. Your frantic exhortations of doom tells me you don't.
SLJB up 20% and UBSS is on the bid.
I'll be darn!!!!!!!Watch him jump off after reading this post!
or maybe not. LOL
Current PPS shows the out come of that class action.
Up at least 11% by the EOD.
I've always followed one policy.
Don't ever reveal your sources or your customers base.
Competition is tuff out there. Good Luck to us all.
Do you have proof it was Leslie from Sulja impersonating an employee at Coco's?
SLJB Historical Time & Sales
Note : At 11:52:51 Buy came in @ .011 but SBSH was still sitting at .01 he moved at 12:07:38 all the buys that came in after 11:52:51 were recorded as sells. Now that is what you call manipulating the ticker.
Time (EST) Volume Price Exchange Bought/Sold Tran/Type Legend
12:40:54 25000 0.011 + OTCEQ_NBB
12:38:45 47058 0.01 - OTCEQ_NBB
12:23:33 10000 0.011 + OTCEQ_NBB
12:22:30 30000 0.011 + OTCEQ_NBB
12:07:39 1000 0.01 - OTCEQ_NBB
12:07:36 100000 0.01 - OTCEQ_NBB
12:07:36 10660 0.01 - OTCEQ_NBB
12:07:36 10000 0.01 - OTCEQ_NBB
12:07:36 101500 0.01 - OTCEQ_NBB
12:07:36 5300 0.01 - OTCEQ_NBB
12:07:36 4000 0.01 - OTCEQ_NBB
12:07:36 25000 0.01 - OTCEQ_NBB
12:07:36 8136 0.01 - OTCEQ_NBB
12:02:54 10000 0.01 - OTCEQ_NBB
12:02:21 18000 0.01 - OTCEQ_NBB
11:58:33 10000 0.01 - OTCEQ_NBB
11:55:33 136364 0.01 - OTCEQ_NBB
11:55:12 45000 0.01 - OTCEQ_NBB
11:53:42 500000 0.01 - OTCEQ_NBB
11:52:51 100000 0.011 + OTCEQ_NBB
11:52:12 50000 0.01 + OTCEQ_NBB
11:52:06 50000 0.01 + OTCEQ_NBB
11:44:42 50000 0.01 + OTCEQ_NBB
11:44:42 15500 0.0098 - OTCEQ_NBB
11:44:42 12893 0.0099 + OTCEQ_NBB
11:40:42 50000 0.0095 - OTCEQ_NBB
11:40:42 50000 0.01 + OTCEQ_NBB
11:21:18 50000 0.01 + OTCEQ_NBB
11:21:00 20000 0.01 + OTCEQ_NBB
11:19:54 10000 0.01 + OTCEQ_NBB
11:15:33 7893 0.0099 - OTCEQ_NBB
11:15:33 17107 0.0099 - OTCEQ_NBB
11:15:33 25000 0.01 + OTCEQ_NBB
11:01:30 97000 0.01 + OTCEQ_NBB
10:55:12 14107 0.0099 - OTCEQ_NBB
10:55:12 35893 0.0099 - OTCEQ_NBB
10:55:12 50000 0.01 + OTCEQ_NBB
10:51:27 10000 0.01 + OTCEQ_NBB
10:49:36 50000 0.01 + OTCEQ_NBB
10:49:30 200000 0.01 OTCEQ_NBB
10:49:30 200000 0.01 + OTCEQ_NBB
10:49:24 197948 0.0099 - OTCEQ_NBB
10:49:24 2052 0.0099 - OTCEQ_NBB
10:49:24 200000 0.01 + OTCEQ_NBB
10:46:00 15000 0.01 + OTCEQ_NBB
10:46:00 15000 0.0099 - OTCEQ_NBB
10:39:57 40800 0.01 + OTCEQ_NBB
10:39:45 100 0.01 + OTCEQ_NBB
10:36:18 9038 0.0099 - OTCEQ_NBB
10:36:18 9038 0.01 + OTCEQ_NBB
10:27:21 80000 0.01 + OTCEQ_NBB
10:26:09 37000 0.01 + OTCEQ_NBB
10:20:18 49500 0.01 + OTCEQ_NBB
10:16:12 250000 0.01 + OTCEQ_NBB
10:07:51 20000 0.0099 - OTCEQ_NBB
10:07:51 20000 0.01 + OTCEQ_NBB
09:48:00 12000 0.01 + OTCEQ_NBB
09:48:00 12000 0.0099 - OTCEQ_NBB
09:46:00 20000 0.01 OTCEQ_NBB