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hah, don't forget the payment of dividends to reward the 'real longs' and the listing on the NASDAQ...all within reach once those evil naked shorts begin to cover
excellent, the naked shorts won't know what hit them, another grand success, right red?
yeah but not according to redskies and scorpio, the AFs are almost close to completion but we have to wait until we shake off the evil naked shorts first
yeah i know whatcha mean, but i just can't understand the mentality going through most people pumping the stock still...even if the company was to overcome any major hurdle in the next 12 months, it won't push the company far forward
let me recap...
IF the naked shorts cover...
IF the AFs are completed...
IF Harrow is reopened...
what will it mean? absolutely nothing, the company has no positive source of revenues coming in. AFs completed at this point means zilch, financials based off of what... nothing...? Harrow's housing market is in a slump at the moment, even if the company can reopen there, whether its' operations will be profitable in the foreseeable future is questionable.
doubt any of that money is going back to the shareholders, supposedly no one knows where that money went. also, the company can't even pay up its' lease, compensating shareholders seems to be little too ambitious at the moment
i have a feeling that most of the respondents will either be let off to receiving a minor fine, the company will be disbanded within a year, shares will be worth nothing, and shareholders will be left out of any compensation whatsoever.
PV will go back to operating at Kore, Steve will continue with his other projects, hardcore longs will continue to blame naked shorts, bagholders move onto new stocks. in 5 years, only but a scant few longs will still play the blame game on naked shorts, talking about how the next turnaround is around the corner. this IMO, is what is most likely going to happen
yeah i've heard about that too, but i also remember reading here that they were paid compensation from the company
y'know, i wonder how AirHog is doing lately
no earnest, as we all know from red,
the business expansion was a complete,
and utter SUCCESS!
it follows along with the company's aims
in Sulja's '08FY financial strategy,
all which prevents the naked shorts
from destroying another honest business.
because if sulja actually expanded,
it would give leverage to the NSS.
Other aims thus far completed in '07-08 FY:
1. Get into debt... check
2. Have a receivership...check
3. Close down Harrow location...check
4. Don't expand into Alberta... a double check
5. Delay financials...check
6. Continue the OSC investigation...check
7. Cut off communications with shareholders...check
8. Display internal conflict...check
9. Release false PRs...check
10. Delay cement deals...check
It looks like it's the start of another
good year for the company.
looks like it's dying down... there's little to nil real discussion in SLJB now, the only thing discussed is petty basher/pumper name-calling, continued silence from the 'company,' lack of sources of revenue, pending OSC investigation, no cement deals, and so on...
i just think it's funny that a year ago this board was one of the most active boards on ihub, but it's on the backburner now
you know it's funny, when AirHog went to visit PV, they said that no one at Suljas believed that there was a naked short position.
6) They do not feel there is currently a naked short position.
so i seriously DOUBT that Sulja is doing everything they can to fight it when they don't even acknowledge it exists. secondly, Sulja is having a tough time even maintaining a source of revenue, so i seriously DOUBT that Sulja is even able to pursue it
red, seriously consider what you're saying here. ALL shareholders should NOT be happy with the performance thus far. how can you POSSIBLY defend Sulja? EVEN if Sulja is cleared of any charges from the OSC, EVEN if they reopen the Harrow location, the chances of them going back anywhere remotely to 1-2 cents PPS is a fantasy. wake up and realize that all that hard-earned money is never coming back
and it's sad that all that hard-earned money is going to line the pockets of the people you so vehemently want to defend. sulja has no positive cash flow, its' operations have ceased, how on earth can they recover?
you can bet on sulja recovering, but the cards are stacked against them and based off of their last 12-month performance, how can they possibly recover? just understand that even if PV and the others are innocent, sulja is still dead in the water.
so red, you're telling us that Sulja's top secret business strategy is to close down most of their operations, to not PR any substantial gains, and to shut down all communication with shareholders... brilliant logic you have there
red, you're not conveying your message logically. naked shorts and the ability of the company to communicate are two completely different subjects.
and by the way, IF Sulja had cement deals that were completed, then why can't they just PR it? Sulja had no problems 'optimistically' PRing prospects into new regions or like the April 26th PR, lawyers were sent to the Middle East to finish 'long outstanding deals.' if Sulja can PR speculation, then how can they possibly not be able to PR things like completed deals?
don't tell me that you think the OSC would prevent Sulja from PRing a successful and verifiable business transactions...
red, so what happens when their positions are covered..? AFs will be released? cement deals finished?
uhm what?
welcome back MrGoodBuddy, back for another season from your retirement?
everything announced everyone here already knew, so in one word---yes
Read the affadavit, Mr. Anderson himself said that it would take an estimated 6 more months to complete his investigation in questionning everyone at Suljas.
They're extending the halt mainly because the OSC is reviewing all the documents brought in by the Sulja legal team---I highly doubt that in one hour it was all disseminated. Secondly, the OSC doesn't have all the evidence it wants atm, even the affadavit supports this claim. So the investigation is still in progress and a decision is yet to be reached.
I'm curious mass, now exactly where did Petar say that he is scorpio? You've thrown around alot of accusations as of late
DURR because 98% of them spend their lives ranting on ihub all day? at least respect JB and Airys for taking some initiative on their part
and its funny jake because for some reason, calling Airys sad and delusional seems to be right on topic
so jim bishop is like some modern-day superhero? i really doubt anyone believes that he spends his days on this board to catch criminals.
Read the PR, interestingly the 12/11 statement didn't even mention Petar once. Even more amusing, it was Sam Sulja who had brokered the deal.
"Sam Sulja has returned from the Middle East after visiting Jordan, Lebanon, and Dubai to finalize this deal."
I don't know about that Airys, if you look on the OSC website and read a few of their cases---there often is a decision submitted on the date of the hearing.
Wessal's license has been scanned btw, its on Airys' website
The majority, especially the reputable/good lawyers are exactly supposed to be above making money. Along with soldiers and doctors, they are held to a higher, professional standard. In the case of law, it is the Bar. Now does that mean there aren't some that work just for money, of course not.
The OSC accusation is at 7.8M, anything more is just a speculation of what-ifs and probablys.
make sure to post the date too because that was sent 2 months ago
haha what did I say jannie? glty, it'll be a tough job
a little research and look what I've found:
Practice Guidelines - Media At Hearings
1. General – (1) Commission hearings are generally open to the public including all branches of the media.
(2) Nothing in this guideline limits the authority of the Commission to exclude the media, including television, where the public interest so requires. Additionally, nothing in this guideline affects section 9 of the Statutory Powers Procedure Act and the discretion of the Commission to hold hearings in camera.
2. Procedure–(1) Requests to televise Commission hearings should be made to the Secretary to the Commission. Except where time does not permit, such requests should be made in writing.
(2) Media personnel will be subject to the direction of the Chair of the panel presiding at the hearing.
(3) Media personnel may engage in any activity associated with their coverage of a Commission hearing which is open to the public provided that they limit themselves to one position, in the case of camera crews at the back of the hearing room, and not disrupt the hearing. Disruptive activities include:
(a) interviews of parties in the hearing room while the hearing is in session or nearby so as to disturb the hearing;
(b) television lights, cables, and other equipment which, when in use, could distract the parties to the hearing or witnesses;
(c) electronic flash for still photography;
(d) movement of equipment while the hearing is in session; and
(e) any other behaviour which disrupts or detracts from the process of the hearing.
(4) There are no restrictions on audio recording of a Commission hearing which is open to the public, but microphones should not be placed at the witness area, counsel tables, or the Commission’s dais.
(5) In the event that more than one camera crew wishes to film a Commission hearing, special arrangements such as pooling or time-sharing may be necessary.
(6) Additional information or background materials such as exhibits filed with the Commission will be available, upon request and payment of the Commission’s usual charges, from the Secretary to the Commission.
(7) Any additional information or assistance required may be obtained from the representative of the Secretary’s Office in attendance at the hearing.
EDIT: And here's the website, you can personally read it there: http://www.osc.gov.on.ca/Enforcement/RulesPractice/rp_rules-of-practice.jsp#media
because that was posted 3 months ago chadsly
grashelm...that was 2 months ago.. things have CHANGED since then, so why don't you do your DD and get up-to-date on the events
So then without a Wells Notice, is it probable that the SEC can call a cease trade on SLJB before the OSC concludes its foundings? Alot of people think otherwise
Yeah thanks jannie (cant PM btw)---but I can totally see you as being a mod, you're pretty neutral on the subject IMO
I need to check back on the log--but I believe 75 million have been currently retired and another 75 million are in the process of being restricted.
Check TA, its been amended
It came from Airys, feel free to interrogate him at your discretion