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Enjoyed reading your posts Allinone.
And now, It's time for a real Friday happy hour for me.
Oysters on the half shells with lemon and shrimp cocktail sauce and some Corona beer.
See ya all later folks.
ROFL! You just made my day. HA!HA!HA!
When was this?
LACO Fireman,
And a vaseline. LOL!
Yeehaa! WESSAL IS GOING TO BE OUR GUARDIAN ANGEL!
YOU DID IT AGAIN ALLINONE! LOL! Anyone here still doubt you? LOL!
Another awesome news! I'm luving it. :)
Tazzo, Who filed the complaint? IT IS ABOUT TIME!
Or being conservative about it, considering the multi-billion projects they want a slice of the pie of...
"We conservatively expect the sale of the cement in Dubai to reach 180 million dollars over the next twelve months. Furthermore we are negotiating a continuous and competitive supplier of structural steel. Another product in short supply in the region."
NO DILUTION! If there was, Why would SLJB even bother issuing a PR that they will not issue any more shares. They said Wessal has to buy in the open market. They could have just issued more shares and offered it to Wessal and could have temporarily kept the shareholders in the dark about it.
ROFL! em..
Thanks a lot Allinone for your extremely valuable DDs.
Exactly my thoughts here...
Wessal will buys shares when they decide and the shorters are making a last ditch effort to cover.
These 2 posts are very re-assuring. Gave me an extra hour of sleep. No worries here at all... :)
http://www.investorshub.com/boards/read_msgs.asp?board_id=4436&NextStart=39025&BatchSize=50
Due to the fact that there is the necessity to have an authorized lumber export broker in Canada to get any lumber out of Canada, you see the value of Sulja to the UAE and Germany. When you are building one of the largest cities in the world you need Canadian Softlumber. The only way you can get it is to broker your order through an authorized Canadian Lumber Broker. That is where Sulja comes in. All they are is a Canadian Lumber Broker and that is why their profit margins are so hgh in these transactions. They never take possession of the lumber as it is loaded on rail cars from the mill sent to the loading docks and shipped overseas via ship. The Canadian Lumber broker is just the legal go between between the UAE and the lumber mills in Canada. Canada supplies the world with almost 90% of the softlumber so when you are building a big city you need a big supplier. Canadian Lumber. You can't get it out of the country without an authorized exporter. Sulja has been licensed for over 3 years. How Sulja and Emaar got together is the hidden secret. Check the Canadian laws and you will see Sulja listed and their export authrization number. News will be out shortly on their signed contracts in Germany which will have a revenue impact of over $135 million on next year revenues. It is just amazing to me how we get all this speculation of this and that without anyone doing this DD of export requirements of lumber from Canada! jmho
http://www.investorshub.com/boards/read_msg.asp?message_id=12589460
Active Company EICB Numbers
The Export and Import Controls Bureau (EICB) authorizes, under the discretion of the Minister of International Trade, the import and export of goods restricted by quotas and/or tariffs. It also monitors the trade in certain goods and ensures the personal security of Canadians and citizens of other countries by restricting trade in dangerous goods and other materials.
Softwood Lumber
Active Company EICB Numbers
http://www.dfait-maeci.gc.ca/eicb/softwood/active_company-en.asp
Company: SULJA BROS. BUILDING SUPPLIES
Province: Ontario
EICB#: 448863
Good question. I was wondering about that too.
Since Wessal is not the issuer, Do they still have to adhere with rule 10b-18?
But another question I have is, How can Wessal really even purchase 125 million in the open market when as per SLJB, they already own the shares, and then some?
There are just no more shares left, ZERO. With that said, there is no guarantee that Wessal may get to buy the whole 125 million. So, I think the purpose of Wessal here is to intercept shares from weaker hands when MMs are purposedly taking pps down thinking they can cover. MMs can’t buy back their shorts since Wessal is there waiting to buy. Checkmate? My only other question is, Has Wessal started intercepting buys?
Then the MMs really have a huge problem here, Don't they? So as of today, I am not sure Wessal is buying yet. If they are buying, then it is only to prevent the MMs to cover. Having said that, there are 2 possible scenarios.
1. MMs are walking down the PPS to cover by buying shares from weaker hands.
2. MMs are walking down the pps hoping to cover. But then, Lo and behold, Wessal is there buying from the weaker hands.
So, How do the MMs cover? Will they eventually give up and succumb to the buying pressure?
Could the second scenario be part of the master plan of check mate?
Mildtrans:
Vic666. One litlle problem here. If MM's sell to Wessal non existant shares what's going to happen when wessal will phisically demand to have tose certificates in their coffer? Unless Sulja is dumping shares on the market I don't see it where will MM's eventually will get them from.
That is interesting indeed. Just a matter of time... Gonads of steel and kung fu like death grip on my shares. LOL!
Same thoughts. EM
Could this be because MMs are taking the PPS down to cover as much as they can? Is it possible Wessal has not even began to buy yet? The MMs have no shares to sell Wessal anyway! If this is so, then are all trades right now are from MMs buying shares from weaker hands only. But weaker hands shares may not be real shares too as SLJB PRed they own all the shares, and then some.
So, the MMs are really screwed and they can only do damage control at this point and minimize their losses. Could this be part of the plan of a check mate?
That's what I thought.
If the MM's were to buy back their short shares at these prices..only to sell them to Wessal, it would once again be considered "short shares"...because they aren't selling to Wessal from a positive supply of shares.
Inside joke? Hint! hint! hint! I get it...
And I like it... I LIKE IT A LOT...
Huh???
3. You offer them REALLY good Sushi, and then give them cheeseburger!
So, You know you're a Suljaholic when...______________
1. You break your diversification rule and you sell another position so you can buy more SLJB.
There is still a bit of time to get in. But don't wait too long
or else...
In the famous words of the Soup Nazi, "NO SOUP FOR YOU!"
Nice info Mike. I'll consider this your way of making up for failing to predict a second PR today. :)
I am somewhat, kind of, little bit disappointed Mike did not get to predict a second PR today. LOL!
Hot Dang, JJ! You are quick on the trigger. Did I thank you yet for letting me in at .23 at FHAL? LOL!
Let's make lots of money here too.
This is nothing compared to the roller coaster experience we are going through with FHAL.
CONTROL! CONTROL! The horse is in the barn.
Or The egg is in the nest. Lol!
Lucky us Visiontrack. And thanks for the email.
ROFL! You finally did it Mike!
BAGABOMBOOYAA!
I feel the engines turning on. Fasten your seat belt, We are flying First class!
LOL! Some are pretty quick on posting news!
WINDSOR, ON, Aug 08, 2006 (MARKET WIRE via COMTEX) -- A Sulja Brothers Building
Supplies (PINKSHEETS: SLJB) company spokesperson announced today that Wessal
International is purchasing 25% of Sulja Brothers in the open market. Wessal
International is the parent company of Red Sea Group. Red Sea Group was recently
selected to strengthen Investor Relations in the Middle East.
CEO Steve Sulja stated: "Sulja Bros. initial business reach into the Middle
Eastern market is attracting new investors. Wessal International's President,
Ahmed Khalil Al-Muslmani, is buying 25% of the company. No more shares are being
issued by Sulja Bros; therefore, Mr. Al-Muslmani has to buy in the open market.
By law, this press release is the disclosure of Wessal International's offer and
buying can commence in the open market immediately. We are very excited over the
interest our company has received in the Middle East. Mr. Al-Muslmani has been
watching our growth in large projects and stated his offer at the project
closings in Germany. We warmly welcome Wessal International to the family of
Sulja Bros. shareholders."
This contains forward-looking information within the meaning of The Private
Securities Litigation Act of 1995. Forward-looking statements may be identified
through the use of words such as "expects," "will," "anticipates," "estimates,"
"believes," or statements indicating certain actions: "may," "could," "should"
or "might occur." Such forward-looking statements involve certain risks and
uncertainties. The actual result may differ materially from such forward-looking
statements. The company does not undertake to publicly update or revise its
forward-looking statements even if experience or future changes make it clear
that any projected results (expressed or implied) will not be realized.
SOURCE: Sulja Bros. Building Supplies Ltd.
Excellent find Twoggle! For those that still want to verify the legitimacy and goal of Sulja Brothers, Another piece of the puzzle has just fallen into place. Are you still doubtful?
Indeed! EOM
I definitely want to be on that plane. Might even get to meet Angela. Problem is, The darn MM pilots are preventing us from taking off. Let's turn on those darn engines, pilots.
What is it with gaps? How do they work? Can someone explain this to me pls?
Try prochartscan.com $79 monthly, $49 for 1st month.
Thanks Greenspirit. I already read them before. Somehow,
as I was reading them again today this part of the PR threw me off.
April 11, 2006
Petar Vucicevich, Director-General of Consultech Construction Management, Inc., the parent company of both LoftWerks and Sulja Brothers, identified the end of June 2006 as the projected completion date for the Detroit facility. "Sulja Brothers should realize revenues in excess of $22 Million by the end of its fiscal year with the addition of this completed facility," he said. "We expect similar revenue generation when the Louisiana facility comes on-line."
http://app.quotemedia.com/quotetools/popups/story.jsp
Thanks for confirming that Loftwerks was never a company of Consultech pre-merger.
Just putting pieces together. If Loftwerks has always been one of Consultech's company, It is just more confirmation to me that this was the master plan from the beginning. Loftwerks goes public, Reverse merger with Sulja Brothers, Another merger with Consultech and so on...