Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Opinion worth reading...I have invested in 3 penny stocks and here they are..and they all have 1 poster who is "in the know" and makes statements such as "a surprise is coming"..always knows of all the deals in advance, etc., etc...
NCTI...a poster known as NKOTB - this stock is sub-penny
PTSC...a poster known as Analst - this stock isn't doing bad, but he is constantly pumping.
SLJB...Airys -- we don't know the end result yet...I would like to believe, but the more experience you have the harder it is to.
One simple question I have is if the company is making money, completing deals, etc...Why can't the web-site be completed? For most investors that is the store front for them.
Opinions please? Lawyers are holding the PR's? I am just curious as to how many on the board believe this? I just can't believe management would let SP just spiral downward because their hands are tied?..If the PRs are the undisputed truth, factual, with no error whatsoever---release them, screw the attorneys...The attorneys don't have to answer to the shareholders.
You gotta have some fun with this...the reason for the delay in the PR's and the reason for the 35% downturn in the last 2 trading days is because a family member of the person who is not supposed to be CEO but still acting as CEO has died....We as a group are truly drinking the Kool-Aid.
From 12/11: CEO Steve Sulja also stated, "During the course of this week, we will be providing our shareholders with updates on this and any other deal that has been completed. We will also provide a detailed explanation of the SLJB corporate structure and other questions sent to us by our shareholders. We will be doing this through our press releases. We are committed to the success of SLJB and will work to regain our shareholders' confidence over the coming weeks."
The last sentence really upsets me....How committed are they? AND how is this re-gaining shareholders confidence?...
This whole paragraph should not have been included in the PR.
Airys,StockHog,FFB...I'm interested in your opinion. As I and anyone posting on this board that is investend in Sulja hold you guys in high regard. I am wondering what your pps projections are? 6 month and 1 year? I just like others would like your opinion and would not use this information to buy more or sell. Would you give your opinion to the board? Appreciate your efforts.
Tell me if this is odd? Why are Steve and Petar just not releasing a CEO letter to clear up all the questions?..Instead, Hog and air are getting "enlightened". Come out with a ceo letter, get an IR firm yesterday and get this thing going...It's sickening with all this private privy communication/information....I am not at all critical of Hog and air...I commend them for what they're doing...and I guess "us" will get all of our information from them and not the company.
I hope your right. I just find it odd that we get no communication from the company, but yet 2 investors stroll in and they give them information...information that could easily be released as a PR. I'm just speculating on what the "information" is.
Hog is going to Windsor to supposedly get all these answers? How can it be this easy? Why doesn't the company just release a CEO letter? We are now to believe a couple of investors got an appointment with Steve, PV, lumber guy Dave, Leslie and some lawyers and got questions answered? Use logic and tell me this isn't bizzare? I guess I'm jumping to conclusions thinking they got this interview...so, i'll wait and see.
Pole: Look at the end of the day on the 15th..went from .11 to .09--I am saying someone in the know was selling shares.
I am not saying "nothing you've ever said has no credibility"..but I do think in a way your credibility is just as good as your last post..
I just think you are way off base on saying this stuff about Gary, collaborating, Windsor Star, Short sellers, etc.
We agree on 1 thing..The AF's would clear up a lot of questions...
PowerPole: I hope you seriously don't believe that? Re-read what you just wrote. Canadian or offshore hedge fund collaborating with Gary and the Windsor Star?....
This is the outline of what happened to the shareprice:
11/14: Someone knew about the Windsor Star article that was going to be published on 11/15...hence the drop in pps. I believe after 2 PR's stating the release of the AFs that Petar was going to release them...and then this hit.
Petar was replaced because of wrong doing(lying,scamming,false documents)..We really don't know the answer/scope of the wrong-doing.
and ultimately the "Silence" by Sulja..and that is telling shareholders that something is wrong.
This has nothing to do with conspiracies, collaborating, mm manipulation, shaking out the weak, etc, etc, etc. And by spewing that you yourself loses all message board credibility(if it really matters)
"Vendeta" against company? I wish it was nothing more than someone or some organization that has a vendetta against Sulja. It is crystal clear that Sulja has "something" to hide? None of us know the scope of this or what that "something" is...Some here may not want to hear it but we've been scammed to some extent. I personally don't feel it is an all-out scam...but you would have to either have the last name of Sulja to not think a littly lying or misleading has been going on.
Domain,Hog:What about all the lawyers that were going to be answering the IR calls? Do you have any more information on this?
Hog:Steve is not going to answer those questions..I know you mean well and are doing more than I am...but lets be realistic....no sense in getting everyones hope up for the next move from Steve because there won't be one until he opens up his company(and this means the financials)
If these questions would have been answered we wouldn't have went from 9 cents to a penny on a windsor star article.
Lawyers taking IR calls?..C'mon, release a well written, detailed CEO letter laying everything out. No need to have lawyers answering questions from investors.
Investor: When are financials going to be released
Lawyer: No comment
Investor: Where is Petar?
Lawyer: No comment
Investor: How much did you pay for SAM?
Lawyer: No comment
Investor: Did Petar falsify information in PR's released to the public?
Lawyer: No comment
Lawyer(s)..you mean Khan? Does anyone have any confirmation of Lawyers getting involved?..and Accountants? Or is this all speculation?, AGAIN. How can a PR or CEO letter be "bad" if it is the truth?
Financials will come out when we have a nice run-up in the stock price. The pps will increase prior to the company releasing the financials. Just like the decrease in pps before 11/15. Remember all of the selling before close on 11/14? Someone knew about the story and the "no release" of the financials...Just my opinion.
domain311: I appreciate your honesty.eom
Domain: If what you are saying is true...This should be announced through a CEO letter...and until then it is a rumor...Again the silence from the company is not confirming these facts.
Zackihub...I also have been around for 2 months and what i am saying is the Truth and Fair..This is the answer to your question(s)? The silence is giving everyone their answer(some, like myself want to blame Gary at the windsor star or the MMs or the "weak hands" or the "bashers")...It is simple in my opinion...I am holding a thread of hope that I am completely and fully WRONG...but as each day passes my hope slides.
Stupid Question: Now that Petar is supposedly gone..Who is going to do the uploading of the financials? Because if I remember right Petar was the web-master, IT Manager, CEO, CFO and Controller. He did delegate IR to Dave in the Lumber yard.
gdb81..Don't you think that Steve is/was on the inside still? I might be delusional but I just can't believe that financials are not done. I don't see the purpose of the continual lying/deceiving? It is not like the stock has had a big run-up on the promise of the audit.
gdb81: I disagree..I think we have every indication that financials can be revealed at any point now..and this really goes for the last 2+ months. We have been promised, un-promised, promised and finally re-iterated financials are ready to be announced. I would like to see a ceo statement first, then hit us with the financials before opening bell on Monday.
Sulja has a different way of defining "Shortly", "Imminent", "Emminent", "by 4 est", "end of week", "end of day" "as soon as", "Nov. 15, 2006"
QWAS:Why by taking the CEO position again did he "open himself up to huge lawsuits?"...He spewed out a lot before Petar...and if lawsuits are applicable he would have been involved. State the facts and don't make Steve out to be some super hero that is coming in to save the day...I personally believe the company didn't have a choice but to have Steve come back. Do some homework and look back on certain posters calling Petar "great, honest, credit worthy, etc."
These are the facts...
*Sulja does own SAM--we do not know what was paid for SAM.
*Overseas deals have not been proven to be fact.
*No one on this board has seen the audit.
*Petar has at least something to hide...I don't know yet what it is
*Audits have been promised for 3 months
*Web-site is still not finished
*The IR firm is Dave at the lumber-yard as verified when I called Sulja and asked for IR
*We do not know what revenue Sulja has
*We do not know if Wessal has bought, is buying,etc.
*Deadlines have not been met
And you are calling Steve Sulja someone to be Admired?
QAS:I'm not questioning your being excited about the prospects of the company..but this is the kind of post that really is purely not-factual..."Great personal risk,all on his own"...Steve is not doing this to just right the ship...he has a vested interest in this....and as far as being "admired and needs strength from shareholders"--I hope you don't admire Steve yet? What has he done? What has been proven? I wish everyone would be a little more even keel...Facts is what this company needs..Not a line like "SAM will add 6million to the bottom line"--How about "this is how much we paid for SAM..Shares or Cash" Does anyone know what we paid for SAM Building?
Maintain perspective...If Pete was/is/and is a liar we all still have problems. I do like the fact that Steve took the reigns back because he is also implicated with past PR's, etc. A lot of questions remain to be answered..I guess this is the first step towards getting some answers...The road should now be paved to release financials...First a letter, then let us see financials.
Question for bashers..and hope for us still in: If Petar owns 0 shares..what is the purpose of a scam? Money, Money, Money...A scam will result in "one's own benefit" Correct or not?
I don't find it logical that both Steve and Petar are going to say the things they have said if they are all lies...and why would Petar announce in 6 months he is leaving..a good scam would not have revealed that information.
I also think the reason Petar came out right away with the "new CEO in 6 months"...is that he knew he could not run this company...This is a transitional period...
I'm not saying things are rosy...but this isn't like an internet startup company either..
Sand: I just took that 2.9m off of my Yahoo page..where if you get a quote it says right now...2.59million
Rook: I was also put on a call back list for Petar..Dave took both my home and work numbers. I wonder if Leslie knows a little more than Dave...He said quote "we're bound to hear something pretty soon"....Dave clearly isn't in "the know" I just feel a little more comfortable after talking to a live person...this was my first call to Sulja...Got right through, was on hold for around 1 1/2 minutes before talking to Dave.
Just talked to Dave at Sulja...Nothing new revealed. Said that this is the first audit and some companies take a year to complete this. He has known Petar for a "few years". He believes nothing he reads in newspapers...and when I said "the stock went from 9 cents to a penny from one news article"...I said "a little over reaction, huh"...and he said "yep, to say the least"
He admitted he didn't really know what was going on and said he was low in command...It is just nice to talk to a live person.
Also, the market is valuing Sulja at 2.9 million. C'mon, even if this thing is just Sulja it is worth more than 3 million dollars?
I believe Pete will resign...and that is the delay in the release...(this is my opinion, not Dave's)
I wonder if this recent miss is "unforseen circumstances" or "out of his control" ? Or "his lawyers"..you mean singular (Khan). I guess it really doesn't matter as long as it is before opening bell Monday morning.
Good point
Really.are looks that important? Bill Gates?eom
Listen to this question: The question all of us should have is when did Pete realize the article in the Star was going to be published? and.. Did he get to review the article prior to publishing? Why is this important? Because why release the financials on Wed and then the article comes out TR morning. Talk about taking the thunder away from the financials...Like Pete did, first rebuke the article(yesterday)..Today(release a CEO statement)..and then today(release the financials).
Is this that hard to believe?
When did Petar know the Windsor Star article was going to be posted? This is important...because if he released the financials prior to this article--the article would have dampened the positive financials...I think this is the right step, refute the article, then publish the financials...So, my question is when did Petar know of the publishing of the Windsor Start article?
Oblivion: read between the lines...the only thing Gary didn't say was "get out while you can"..He clearly opined that in his article. I don't know Gary or haven't read any of his previous stuff so I don't have an opinion of him...I can't call Gary a liar yet...We ALL can call Petar one....
One thing we all have to remember is that this wouldn't be just Petar...Stevie had said some off the wall things also?
Somebody knows this is not a scam. We would not have held up at 4 cents...Right now Pete is a little over his head...and lets all come to grips with the fact that the financials will not show 60 million in revenue with 15 million in profit.
IF the financials are ready..it is absurd to post them into the evening hours. I believe we will see a delay of some sort..I am thinking it will be web page related, uploading a pdf file to the site...
If the audit comes out I will be relieved..but still leary moving forward.
Was off a month...the 9/13 PR that said end of that week.eom
C'mon Roytoy...You mean that this is different from the Oct. 15th PR that said "the end of the week"...Any common sense thinking person got the clue a while ago that this company is PR happy....I really can't believe we have hung around .10-.13 for so long.