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SLJB shareholders and the Stockholm Syndrome. Can there be any doubt that the defenders of the scam are suffering similar effects ? Those who believe the charges brought by the OSC are constantly called upon to prove those charges, The official word from SLJB HQ in Elmira N.Y. maintains there will be no further hearings and that all charges will be dropped, that Vucicevich will be found innocent because he did nothing wrong and it all amounts to a hill of beans. The fable du jour is that Gurmani, that sly fox, will be the one to bring the stinky shell back to life, that Sulja is just a pawn, the titular head of the business juggernaut that is destined to eventually rule the world.
The image of a chimp's countenance morphed onto a Mountie's uniform says all there is to say about the poster who went to the trouble of making that work of art.
In the meantime, the same party who complained loudly and often regarding Steve Sulja's allowing SLJB's corporate registration to expire has apparently not followed through on their threat to report Sulja to the GSA. How hypocritical is THAT ?
Oooops.....
My phone rang a few minute ago and it was an official with the SEC. He said he was responding to a query I sent immediately after SLJB's corporate registration was revoked. He said they (the SEC) are way understaffed and unfortunately pinksheet stocks tend to slip through the cracks BUT...he doesn't understand how or WHY SLJB continues to trade. He said he is forwarding complaints on to their investigation board along with his recommendation.
Better late than never I guess.
You can lead a "true believer" suljabberite to the fountain of knowledge but you cannot make him drink.
THE SEC CAN"T DELIST SLJB BECAUSE IT IS UNDER INVESTIGATION BY THE OSC AND YOU KNOW HOW THE CROSS BORDER RELATIONSHIP IS....LOL
When it is determined that SLJB issued misleading and FRAUDULENT press releases (not much defense has been proffered) it will open the door for the following, regardless of your flawed legal opinion.
Securities Class Actions
Investors in securities markets rely on the integrity of the market and the fact that corporate officers and directors will act responsibly. False and misleading information about a company’s financial condition or products artificially inflates the price of its stock, and, when the underlying fraud or corporate wrongdoings are revealed, investors who purchased the stock at artificially inflated prices suffer tremendous loss. These investors need an avenue to seek redress on behalf of themselves and others who have suffered similar loss.
Harwood Feffer regularly prosecutes securities class action lawsuits involving allegations that a publicly-traded corporation and its officers and directors acted improperly by misleading investors, brokers or analysts through various public statements, including press releases, prospectuses, annual reports, proxy statements, quarterly and annual financial statements, and other SEC filings. Harwood Feffer is known for maintaining the highest level of professionalism and vigorous prosecution on behalf of shareholders in these matters.
slojon, your legal analysis is as fraught with holes as is your DDR > deluded diligent research.
I guess we will see when and if the time ever comes that SLJB develops assets through whatever means.
CONSULTEC...SSCC... SLJB ....IT CCT LLC REVERSE MERGER
So now all of the RM parties are named and all the true believers have to do is wait for the implementation of the GRAND PLAN. What could possibly be more exciting ?
Over the past two plus years there has been constant chatter regarding the "missing" financials and a promise that they will "soon" appear. Then there are the people who believe that Gurmani is the Messiah come to deliver them from POVERTY. Of course this would take the cooperation of that "farm boy" Sulja who never did any farming in his entire life. Even IF there were ever a reverse merger, the "true believers should know the following...
Reverse takeovers always come with some history, and some shareholders. Sometimes this history can be bad, and manifest itself in the form of currently sloppy records, pending lawsuits and other unforeseen liabilities. Additionally, these shells may sometimes come with angry or deceitful shareholders who are anxious to "dump" their stock at the first chance they get. One way the acquiring or surviving company can safeguard against the "dump" after the takeover is consummated, is by requiring a lock-up on the shares owned by the group they are purchasing the public shell from. Other shareholders that have held stock as investors in the company being acquired pose no threat in a dump scenario because the number of shares they hold is not significant and, unfortunately for them, they are likely to have the number of shares they own reduced by a reverse stock split that is not an uncommon part of a reverse takeover. Possibly the biggest caveat is that most CEO's are naive and inexperienced in the world of publicly traded companies, unless they have past experience as an officer or director of a public company.
A major disadvantage of going public via a reverse merger is that such transactions only introduce liquidity to a previously private stock if there is bona fide public interest in the company and GOOD LUCK WITH THAT !!!!!!!!!!
If, as you say, you have had knowledge of the alternative methods of trading SLJB shares and SUBSCRIBE to that service, why would you make this statement ?
The very definition of disingenuous. Way too obvious.
A recurring question keeps bothering me regarding Sulja Bros. If there is such a monumental attempt by NITE and other entities to cover their "massive naked short position" would this not be an indication that they believe SLJB stock would increase in value exponentially ? Given that, would there not be thundering herd attempting to purchase these imminently valuable shares ? Some people in the true believer camp even suggest SLJB has not just the prospect but the assurance that it will advance to the NASDAQ.
Even Hackmor and slojon should concede the fact that there are investors out there who are much more astute than either of them and yet, there is no BID on this precious offering. It goes day after day with absolutely no activity whatsoever. If you KNEW beyond a reasonable doubt that there was not just a chance but an absolute CERTAINTY that SLJB would be the subject of a reverse merger, a buyout or whatever else their fertile imaginations can conjure up, would you not go into debt raising the cash necessary to buy every available share ? I rest my case. Now the poster, with his rather vapid though incisive interrogation technique, shall be heard.
Rather than carry this fray forward, ad infinitum, ad nausem, why not just buy as much SLJB stock as you possibly can ? You are obviously convinced the merits of SLJB warrant such an action. When the reverse merger or buyout or the long awaited resurrection or some other imaginative act takes place you can celebrate your uncanny vision and wisdom and your DD prowess to one and all and good luck to you in that venture.
If you are going to make assumptions, I guess it's better to make them in favor of your beliefs rather than based upon any verifiable fact.
But then I remember the statement...All of my DD is backed up by verifiable links. I may OCCASIONALLY use OPINION with those links rather than JUST PURE FACT, but it is always easily derived as to how I come up with that opinion through the given info.
Yep, you're right. It's readily apparent where your opinions are derived.
Hey DO,
What do you make of the fact there has been no bid and no ask price quoted for the last week ?
ROFLMAO End of the road for the scummy scam ? Of course it's getting close, the only question is, how close ?
Elmira HQ proclaims a buyout is imminent. This is a departure from the usual reverse merger pump which is the usual mantra.
It reminds you of the crazy walking around with the sign that proclaims "REPENT, THE END IS NIGH".
Let us review your question again, in DEPTH.
"If there is SUBSTANCE behind the OSC charges, is it your contention that the levying of charges is sufficient for us to assume the guilt of the charged party?"
If by "substance" you mean enough substantial proof to
1. cause the cessation of trading
2. cause there to be extensive investigation
3. cause there to be no resumption of trading
4. cause there to be a final hearing to convene on Nov.16 of this year
And after reading the "allegations" of fraudulent trading practices perpetrated by Vucicevich and others.... judgmental observer that I am I would say YES, they are guilty as hell.
Perhaps you would like to rephrase your question and delete the word "substance".
Please allow me to impose the same constraints.
Was Sulja Brothers Building Supplies (SLJB) designed to bilk millions of dollars from investors ?
A simple yes or no answer will be sufficient to allow this "discussion" to progress to the next level.
Massive charges ? What are you referring to hockmir ? Certainly not the findings that the OSC has developed ? Oh wait, I forgot, you're the same person who morphed a chimpanzee head on a RCMP uniform.
You just will NOT admit there is anything of substance behind the OSC charges. I totally understand the concept of the presumption of innocence as you have pointedly referred to so many times on this board. So must you submit to the fact that the findings indicate egregious wrongdoing on the part of SLJB "management". If you cannot accept this, you are of a much more narrow mind than you would have others believe. You have stated that opinions may ultimately prove to have been erroneous. That would be other's opinions, not yours, is this a correct assumption ? That would be the inference as I interpret your remarks.
It is readily apparent that you believe that the charges are without merit. I think you as well as a handful of others, attempt to extrapolate and connect the defunct SLJB together with entities that are doing business because they have Sulja's name attached to them..
You attempt to disparage the OSC and other Canadian agencies because they are not in total accord with some of the facts of the fraud. Maybe YOU can enlighten IMET, the OSC and the RCMP as to just exactly what transpired since you seem to feel you possess all of the facts.
Try as you may, you cannot put the humpty dumpty sljb scam back together again.
The scam is dead, the fat lady has sung. The only thing lacking is the funeral dirge and the ceremonial kicking of dirt into the grave.
I love it when people write "in other words" and then edit your remarks to fit their beliefs.
To respond would only lend credence to your aberrant conclusions so I'll let you interpret what I wrote any way you wish to interpret it.
You appear to be the lone honorary quintessential pseudo erudite member of the board today. Congratulations.
What is your...
suggestion that SLJB shareholders do other than hold what are apparently unsalable securities?
Bagholders can do whatever they desire with their useless shares. It was unstated but I guess I just get weary of listening to all of the theories of conspiracy. duplicity, and whatever other sinful activity people can ascribe to those who see SLJB as it is. Petar Vucicevich had a history of shady, sleazy activities but it took Andrew DeVries to show him how to orchestrate a scam that paid off. Steve Sulja said he was unsophisticated in the ways of the stock market and his "champion" says he was just a simple farm boy who was used and abused and yet.....there he was
-Ex Loftwerks CEO
-President of SLJB
-President of Sulja building Materials LTD.
-Director of Sales and Marketing Sulja building supplies
-Pres International Building Products
-Director of Sales and Marketing CCM Inc.
The guy isn't raising corn on the old homestead is he ?
Anyone who cannot see that they were taken to the dry cleaners (and cleaned dry) belongs in the same camp as the CKMX diamond bagholders. Hey, I have a great idea....sell your shares and buy into a Russian Gold Mining pinkie.....AURC. They have GREAT prospects. ROFLMAO Ooops. I forgot, SLJB share are unsalable. Sorry about that !
I often wonder why bagholders of SLJB keep holding those empty bags hoping against hope that the scammy stock will be resurrected. You would think they would learn from other scam experiences such as CMKX but that just isn't going to happen. Their misplaced faith is bolstered by hucksters like the guru of Elmira who spins fantastic scenarios at a frenetic pace.
Hope springs eternal I guess. Amelia Earhart is alive and well, Princess Anastasia is working at Macy's in New York and there really IS an Easter Bunny !
Where is that dag nabbed SLJB "tied" and massive volume when you need it most ?
"I'm looking for the start of vol picking up as those who see the tied turning getting in now."
When it happens, it's going to be "hugh" I'm sure ! LOL
A stroll down memory lane hand in hand with Stevo Sulja, a prince among men. Ain't nostalgia grand ?
I guess I'm guilty of attacking their organization and their people. I wonder if I can be granted immunity from prosecution because I didn't understand the definition of "defamation".
SLJB: the silliest press release ever
If you're looking for poorly-written, amateur press releases for entertainment reading, Pink Sheets stocks tend to be a good source of material. A few days ago, Sulja Bros. Building Supplies Ltd. (OTC: SLJB) released the goofiest ones ever.
First, some background on the company: SLJB, a Windsor, Ontario based construction supply store, soared to a high of around 20 cents a share in September of 2006, as the company issued a string of press releases announcing lucrative contracts in the Middle East. For instance, on September 5th, the company announced that it had closed a cement contract in the United Arab Emirates which would generate $350 million (US) in annual revenue for the tiny lumberyard.
The stock's huge upward movement and volume raised the eyebrow of a local reporter who visited the company's office, and wrote a piece essentially saying that the reality of the company didn't seem to match up with the claims of hundred million dollar contracts. Pretty soon, the Ontario Securities Commission had halted trading of the stock (although it still trades OTC in the US) and charged the company and its officers with issuing false press releases and manipulating the trading of the stock while dumping millions of dollars worth of stock -- a classic pump and dump.
The company then issued a press release cautioning investors "not to rely upon the press releases and other public statements previously issued by or on behalf of the Company." The OSC has scheduled a hearing in July, and the stock has sunk into the sub-penny range. Then yesterday, the company issued the stupidest, funniest, most ridiculous press release that I have ever seen in my life. The title says it all: SLJB Takes Offensive Position: States Forward Momentum Toward Original Business Goals. The whole press release reads as though it was written in Italian, translated into Spanish by a computer, and then translated into English. The gist of the release is this: After publicly telling investors not to rely on its own statements, the company is going to start suing people who say bad things about the stock. Here are some of the gems from the PR (emphasis added):
LAS VEGAS, NV--(MARKET WIRE)--Apr 13, 2007 -- SLJB today announced that it began a "seek and destroy" mission on all individuals and/or the organizations they either directly or indirectly represent tied to slanderous media campaigns and internet blog-site defamations...
"We can almost consider this a new source of revenue for our company," the spokesperson joked. "There are a lot of people on the hook for this nonsense, and we know who they are. We also know the platforms from where they attack our people and our organization. We will bring them all to like terms," the spokesperson continued...
As an afterthought, let's all write to the OSC and ask thtat Steve Sulja be pilloried along side of Vucicevich. In my estimation, ignorance is no excuse whatsoever. If you ran someone over in your automobile but entered a not guilty plea stating you didn't realize it was unlawful, how much leniency do you feel you would receive ? Well, Steve Sulja was up to his eyebrows in this scam. How could ANYONE be ignorant of what transpired ? Long after SLJB plunged, Sulja submitted this marketwire. Keep in mind the fact that the jig was up, the cat jumped out of the bag and the cows hdd left the barn by December 2006.
Sulja Announces Move and Expansion
LAS VEGAS, NV--(Marketwire - June 26, 2007) - Today, SLJB CEO Steve Sulja made public (PINKSHEETS: SLJB) Sulja Brothers Building Supplies new expansion plans. These plans include the opening of a new location in Calgary, Alberta, Canada.
"Calgary is Canada's fastest growing market, and we would like to take this opportunity to concentrate our efforts there," said Sulja. "In order to facilitate this move, we are expanding our location on County Road 17 to service our clients, and closing down our Harrow location. The decision to close Harrow after 19 years was a hard one, but we are ultimately responsible to our shareholders."
He continued, "We have secured a location in Calgary and shortly after the Grand Opening there, I will be traveling to other prospective locations that we have been researching for further expansions."
More details of these and other plans will be posted on our website @ www.suljabros.com shortly.
"Oh, but judge your worship sir, I am but a poor farm boy who never graduated high school. The scoundrels pulled the wool over my eyes."
The more complaints registered with bureaucratic drones, the sooner this fraudulent SLJB charade will end.
If it were up the the SEC alone, Bernie Madoff would have continued on and retired to Venezuela where there is no extradition agreement. Fortunately, pressure was brought to bear and poor old Bernie is no longer in residence at his million dollar penthouse.
Golly I must have missed it when Sulja retracted those misleading PR's that were sent out. He publicly refuted all of that fraudulent misleading crap, right ? NO ? Well, gee I guess that makes him not only uneducated but a bit of a coward too doesn't it ?
Another avenue to explore regarding SLJB trading with a revoked corporate registration.
Response from the SEC
Dear Sir:
We are taking your complaint very seriously, and have referred it to the appropriate people within the SEC.
Please understand that the SEC conducts its investigations on a confidential basis and neither confirms nor denies the existence of an investigation unless we bring charges against someone involved. We do this to protect the integrity and effectiveness of our investigative process and to preserve the privacy of the individuals and entities involved. As a result, we will not be able to provide you with any future updates on the status of your complaint or of any pending SEC investigation.
Below is a flyer that describes our policy as it will apply to your complaint. Please contact me if you have other questions.
Sincerely,
CHERYL M LAWSON
Office of Investor Education and Advocacy
U.S. Securities and Exchange Commission
(415)705-2479
To those who would like to know why SLJB is still trading after it's corporate registration was revoked might like to write to:
Patricia A. Clem
Assistant Director
Market Regulation
FINRA
9509 Key West Avenue
Rockville, MD 20850
or send e mail,
pat.clem@finra.org.
Attn: Patricia Clem
And Steve Sulja, being such a stand up guy, would be more than happy to share anything at all with you. Just tell him you are a long time Suljabberite, that you BELIEVE in him and Mighty Sulja and he will divulge all of the pertinent information you require. His record over the past two and a half years, nay even before THAT, reflects that of someone very forthcoming and honest. When you speak to him, as I am certain you will, ask him about the IT CCT LLC ties between his two "entities". Ask him how the merger and/or acquisition is going and when can you expect word as to it's completion ? Ask him about plans to move to the NASDAQ, and then ask him why he has been so silent these many months. Ask him if he is a bit concerned regarding his part in the scam or if he possibly received a small measure of relief by turning Crown's evidence.
Beyond all that, say to him, "hail fellow well met" and tell him how EVERYONE who invested in SLJB wishes HIM that which they received at his (and Vucicevich) hands.
Did you receive that important news update from SLJB HQ in Elmira, NY where there is a hot line to Dan Scott ? All things Sulja emanate from HQ. All the news you need to know when you need to know it !
A buying spree ? Do you really feel there are that many deluded "newb" investors out there (present company excepted)who would be naive enough to buy this fraudulent POS ? Surely you jest !
If I may ask, what are you you going to say to the SEC when you write ? Obviously, as a "bagholder" your desire is to see SLJB continue to trade.
Dear SEC,
"PLEASE ALLOW SLJB to continue to trade. I need the money !"
E mail sent to SEC (District Office)
Sirs:
How is it possible for a company whose corporate registration has been revoked, to still be able to trade ?
This "security" was a fraudulent "pump and dump" scheme and yet gullible investors can still be induced to buy. A promoter has been pumping this scam for more than two years and the revocation has only resulted in the intensity of his promoting activity. When the OSC action is completed, possibly the SEC can find it's way to taking action but before that time, possibly you would see fit to see that this "security" is not allowed to bilk more money from unwary investors.
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=3jTAXTqYdC80kvn1T3%252fB8Q%253d%253d
Let us all band together and start a list of what the SEC does. I will start the list and folks may add to it as they see fit.
1. Nothing
2. spend my tax dollars on lawyers!
3. Let scam's run rampant
4. Always answer inquiries and complaints with the time honored "We will look into it". Guaranteed to get you off the hook...for a little while anyway.
Rather than contact the SEC which is just about the most ineffective agency we have, it might be more beneficial to call or write these people with a cc to your congressman. This type of thievery must cease. The Bernie Madoff ponzi scheme was just one of a multitude of cases where, through neglect or incompetence or both, the parasites in this country who perpetrate the schemes are allowed to flourish.
Maybe contacting this outfit would yield some results.
House Committee on Financial Services
Committee/Subcommittee Jurisdiction
Barney Frank (MA), Chairman of the Financial Services Committee
The Committee oversees all components of the nation’s housing and financial services sectors including banking, insurance, real estate, public and assisted housing, and securities.
I would very much appreciate it if someone much more knowledgeable than I were to tell everyone how a "security" which is no longer a registered corporation, is able to trade.
I wasn't kidding when I wrote of The Ernest/Bear Uranium Exploration Company(not a corporation) issuing an IPO. Why not, if Sulja Bros. is allowed to trade ?
It seems to me that more and more, Federal regulations are made to be broken or at least subverted. I plan to call FINRA tomorrow A.M. and ask them just how and WHY this POS scam is allowed to trade if it indeed is. Hopefully, I will be able to speak to someone other that the secretary that answers the telephone.
Hockmir,
Since you are in the "true believer" camp, maybe it would be easier for YOU to contact Steve Sulja because he seems to have permanently withdrawn and assumed a fetal position.
A poster on another board tried to call Sulja with this result.
Man answers the phone....Hello
me... Hello, I'm attempting to contact Steve Sulja
him... hesitation ....he's not here
me..any idea of when he might be available ?
him....long hesitation ......"no"
me... how do you suggest he may be contacted ?
him....long hesitation...... can you leave your phone number ?
me.... sure xxx xxx xxxx
him.....long hesitation....would you like to leave a message ?
me.... yes, tell him I would like to discuss the relationship between IT CCT LLC and SLJB
him..... long hesitation..... ummmmmmmmm, I'll see he gets the message
me....o.k. Steve, nice talking to you
Now THERE is a standup guy, LOL.
BTW, did you contact the GSA as you threatened or was that just a ploy ? Did you receive a response ?
Your persistent questing of members of this board seems inconsistent with someone who wants answers. You formulate insinuations in the guise of questions which is not terribly constructive. For answers, why don't you contact the agency with jurisdiction ?
As someone who is so astute when it comes to all things SLJB, why don't you share YOUR perspective ? You constantly request links but never post any. Why is that ? You infer that because the Canadian agencies' statements are in conflict, then there MUST be a relation between Canada and Nevada ? Just exactly what is it you are attempting to say ?
Actually, when attempting to unravel this can of worms, it was inevitable that there was some confusion. Why don't YOU write those agencies involved and ask for clarification since it seems to be of such concern to you ?
Sulja Bros. Building Supplies, Ltd (Ontario)
(the lumberyard in Canada)and Sulja Bros. Building Supplies, Ltd. (Nevada)the empty public shell company trading with symbol SLJB, have nothing to do with one another.
The STORY you bought is that there was something of value here. Responses to your posts are merely Newton's third law in action. For every action there is, etc. etc.
Buy more, keep buying, it's a GREAT opportunity for you to display your acumen.
Ernest:
Absolutely. If you are not required to be a registered corporation to trade, I will initiate an IPO for Ernest & Bearluver CCT LLC. O/S of, oh say, a 32 billion like BKMP. After all, it doesn't matter to some what a company does, it's just whether the PPS is going up or down.
I was mistaken when I said IT CCT LLC's registration was revoked. It WILL be revoked by the end of June unless SS acts. Right now it's just POISED to be revoked.
I do not care about alot of things about a company. Its whats the pps is at and is it going up or down
ROFLMAO
More ridiculous SLJB claims. They just never stop.
Obviously they intend to reserse merge it into SLJB.
Mr. Sulja is an Apostolic Christian...he didn't travel out to Nevada to have dinner with the owner of CRA of America for the purpose of cheating on his wife and going wild at the crap's tables. I know he had dinner that evening because I spoke to his sister who is the receptionist there by phone. She said Mr Sulja was extremely professional and well received.
International Trading CCT LLC is sitting there clean as a whistle on the Nevada SOS site with no shares issued to it just waiting for the mother of all reverse mergers.
They bid on DOD contracts overseas. One was for billions. Othere require international presence and language fluency. This is where Mr. Vucicevich's interests come into play with International Building Poducts. Check out Steve's e-mail address...it says international builing products on it. He works for Mr. Vucicevich.
Dun and Bradstreet has them listed with 10 million in revenue through Jone of 08.
A reverse merger would force NITE's hand into covering as shares would need to retitled into the new entity's name and accounted for.
This is a prime example of what the SLJB scam architects and their shills have always done and continue to do and that is to disseminate absolute BS. In this case, they are portraying SLJB to be one and the same as IT CCT LLC which, if I'm not mistaken, is also in serious doo doo since it too had it's corporate license revoked and it's CEO reported to be a bit conflicted with his defunct business interest.
_________________________________________________________________
SLJB BIDS ON CONTRACTS...AROUND...THE...WORLD... 10-May-09 10:32 pm
Y--A sources sought synopsis to award an indefinite delivery, indefinite quantity (IDIQ) Multiple-Award Task Order Contract (MATOC) for construction services for the continent of Africa.
Solicitation Number: W912GB-08-R-0019
Agency: Department of the Army
Office: U.S. Army Corps of Engineers
Location: Corps of Engineers, Europe District, Contracting Division
----------------------------------------------------- ----
These financials are going to kick off one of the wildest events in penny stock history.
A feeding frenzy. A secondary audience that which in a single days time will offer more than has been offered in the past three years put together. They can't buy until then. No matter how much they want this stock.
How one behaves with their shares is up to them.
You the penny investor are totally in control of your destiny.
Hey bucky.....I guess you didn't read the post from "pal" allinone. This is the your lesson, please note the date of the post. THERE ARE NO FINANCIALS...read it and weep !
Excerpt from allinone post
Posted by: allinone Date: Friday, December 01, 2006 1:56:37 AM
What I do know is this! NOTHING from this company means anything EXCEPT the audited financials coming out. I am looking for them as well as everyone else.
Is there a difference between lying and fabricating and stretching the truth beyond the limits of human endurance ? I wouldn't exactly call anyone a liar given the litigious society in which we live today. Rather, I would say they prevaricate and fantasize to the point where there is absolutely no credibility remaining to anything they represent as the truth. It sounds so much better.