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.
As always, the "spokesperson" for SLJB is the first with earth shaking news. Don't be disheartened SLJB defenders, you have this man in your corner.
SCORPIO REVIEWS THE FINANCIAL AUDIT 'As ever the audit review work is boring, but must be done.'
ENDRESS-HAUSER...LOFTWERKS...VISTA INTERNATIONAL 24-Mar-09 11:28 pm FOR THINE IS THE POWER AND THE GLORY OF MIGHTY SULJA
IN THE BEGINNING THERE WAS SULJA...AND SULJA WAS GOOD.
YOU ARE THE SULJA OF THE EARTH...BUT IF THE EARTH LOSES ITS SULJA...HOW CAN IT BE MADE SULJA AGAIN?
sorry...just practicing up for my new job as CEO.
lolololololololololissimo's!
Since SS is still listed as CEO, and has chosen not to release any statements concerning a change in company status, one must assume things remain unchanged.
One must also assume that one is totally naive to believe that there is anything of value attached to SLJB, a scam that one has lost one's butt when one bought into THE MIGHTY SULJA drama.
Therefor, Sulja will exist in perpetuity !
ROFLMAO
Latest generated by the rumor mill located in Elmira, New York.
Easter is the new "date certain" for the SLJB "audited financials" to appear, delivered by the Easter Bunny via Wessal International singing telegram service.
Joy to the world, the figures are here
Let Earth cavort, sing and cheer
Let every heart rejoice and praise The Mighty Sulja
'Cause they're finally here hallelujah
Uh oh, they have to be sent back to the United Emirates to be properly translated.
Sorry for the delay !
You are beating a dead horse into a mass of gelatin Hockmir. You say the same thing repetitively, approaching it in different directions. Are you certain you're not an attorney ?
The point has been made by a multitude of people over a protracted period of time that Steve Sulja was complicit whether through intention or, as he contends, by being duped. Rather than endlessly expound upon your theories, why not just allow the law (and justice such as it is) to take it's course. I think it's quite clear than greater minds than yours have contemplated the degree to which Steve Sulja is guilty. As to conflict of interest, SLJB does not conduct business, therefor the conflict issue is moot.
As everyone has counseled, if you have issues, hire an attorney or at least seek advice from someone more knowledgeable than you in the corporate law area.
It's rather fascinating that you have drawn people into this specious argument of yours. It just goes to show that people have too much spare time on their hands.
Hot off the Suljabberite grapevine....
SULJA BROTHERS IS USING KPMG AS THE FINAL AUDITOR
EMAAR ABOUT TO BUY OUT SLJB
KMPG conducts easiest audit EVER.
Auditor calling out the numbers to bean counter...
Annual income << zero
Number of employees << zero
Inventory << zero
Pending contracts << zero
Liabilities << Uh oh
O.K. that's it fellas, let's wrap this up and bill 'em !
ROFLMAO
Posted by: Hockmir
In reply to: bearluver
Your description of the structure of an LLC is certainly informative. However, does this apply to the entity that was incorporated under Nevada Corporate Law? In this case, it would seem that the shareholders purchased shares in the Nevada corporation, and the officers as listed under the Nevada incorporation would need to comply with US (Nevada) principles, not Canadian LLC principles.
Aye, that's the rub. If you can winnow out the structure of SLJB Nevada as opposed to SLJB Canada, you're a better man than I Gunga Din. This is such a convoluted can of worms, it took the OSC MONTHS to figure out what,who,where,when and I'm still not certain they have the entire picture. Follow the bouncing yellow ball........
Oh, by the way, there was also a Sulja Bros. Construction Supply Company mentioned at times. There were a couple of lawsuits filed at the beginning of 2007 but it is my belief that the plaintiffs attorneys took one look at this garbage, shook their collective heads and said..... not worth the effort !
1. Sulja Bros. Building Supplies, Ltd. (“Sulja Nevada”) is a company incorporated in the State of Nevada, U.S.A., with a registered office at CRA of America, Inc., 3638 N. Ranchero Drive, Suite 6, Las Vegas, Nevada. It was originally incorporated as Loftworks, Inc. on April 19, 2005 and then changed its name to Loftwerks, Inc. (“Loftwerks”) on May 4, 2005. It was renamed Sulja Brothers Building Products, Inc. on July 20, 2006 and changed its name to Sulja Bros. Building Supplies, Ltd. on July 21, 2006. Loftwerks was quoted on the Pink Sheets, an over-the-counter quotation system in the United States. It continued that quotation as Sulja Nevada and does not trade on any exchange or trading system in Canada.
You're being a bit redundant there bud. I guess it's best to respond with redundancy.
If you feel you have a case against Steve Sulja, go for it. Maybe that will end all of the SLJB controversy once and for all.
Of course, as of May 1, 2009, the SLJB Nevada will be but all memory unless they file the required documents with the Sec. of State.
For that matter, the Canadian SLJB which is an LLC if I'm not mistaken, may have substantially different rules than are established here in the states.
The management structure of an LLC may be unfamiliar to many. Unlike corporations, they are not required to have a board of directors or officers.
LLCs may not be treated in the same manner as corporations for liability purposes, instead treating them more as a disregarded entity, meaning an individual operating a business as an LLC may in such a case be treated as operating it as a sole proprietorship, or a group operating as an LLC may be treated as a general partnership, which defeats the purpose of establishing an LLC in the first place, to have limited liability (a sole proprietor has unlimited liability for the business; in the case of a partnership, the partners have joint and several liability, meaning any and all of the partners can be held liable for the business' debts no matter how small their investment or percentage of ownership is).[citation needed]
The principals of LLCs use many different titles -- e.g., member, manager, managing member, managing director, chief executive officer, president, and partner. As such, it can be difficult to determine who actually has the authority to enter into a contract on the LLC's behalf.
So you see, unless you are educated in business law, I think you might be far better off to allow someone with knowledge to pursue your concerns. Otherwise, you're just whistling Dixie !
Hey ringer,
it sounds as though your fight is with Steve Sulja. Why don't the bagholder's gather together, hire a sleaze attorney and go after Sulja. You have a better chance there than you have of ever receiving satisfaction from owning worthless SLJB stock.
Hockmir,
Can you clarify the point you are attempting to make here ?
If you are trying to say:
1. Steve Sulja is a horse's ass, I think that point has already been established
2. If you are saying that because there has been no PR forthcoming indicating that SLJB is indeed dead, that it shall again rise from the ashes like the Phoenix, then you should so state.
In any event, you should take the advice proffered and complain to the SEC regarding the shabby treatment you have received from the CEO of a defunct security.
The old "seek and destroy" bugaboo is back again, this time through scorpio's totally reliable and credible "grapevine". LMAO
Posting on Yahoo, he says:
On 4/07...SLJB promised at some stage to tackle this problem (what they termed "liable") legally. They knew what they were up against. An organized criminal attck.
My understanding through the grapevine is they haven't abandoned that promise. Everything written online has been recorded and saved...and will come back to haunt these four in court.
The kool aid kids keep comin' up with this stuff. It is way beyond funny, it's hilarious !
Are you part of that "grapevine" hockmir ?
I don't remember any statements from SLJB regarding wanting things to be over quickly ! Who would that be...either Sulja or Vucicevich. SLJB communicated (if you want to call it that) through press releases. Did you read a press release that said they were looking forward to clearing their sullied name ? PV's attorney, Dan Scott (that terrific defender of the wrongfully accused if you have the $$$$$$) stated that Vucicevich was eager to proceed but that he (Scott) had a lot of research to do. As if this weren't cut and dried. Wonder how he will explain Black Petar's stupid statement to the RCMP investigators ? LMAO
from Gary Rennie, Windsor Post
●Subject: Re: Vucicevich arraignment
Two or three adjournments are likely until a preliminary hearing is scheduled. He may opt to waive a preliminary, which gets him to a trial date quicker.
But in most cases, defendants want the preliminary to get a look at the prosecutor's case. Since, Petar is not likely looking for a quick trial, I wouldn't expect a trial date for roughly a year from the date of arraignment.
Six BILLION, nine hundred fifty MILLION ?? OMG you GOTTA be kidding me !
Great investment ! Let me stand in line to throw money at THIS.
Should be renamed "The Great Black Hole Inc." !
Does anyone know the trading symbol of the Stem Cell ETF ? I've tried to find it but am unable to do so.
Thnx
Mattfount .... do you know the symbol of the stem cell ETF ??
The SLJB board has NEVER had an unbiased moderator. In the early days, if you spoke out against the Sulja scam you were sure to be banned. The "beat the drums loudly" SLJB pumpers would jump on what they called a "basher" and provoke him/her into writing a fitting reply thus assuring a ban. The toxicity remains today although the ratio of "bashers" to pumpers has changed radically. I say all this to ask why anyone would want to attempt to "moderate" a board to discuss a dead scam ? It doesn't compute !
Reference a previous post which should address your question.
Posted by: bearluver Date: Friday, January 30, 2009 2:58:42 PM
In reply to: billyboy1021 who wrote msg# 10226 Post # of 10273
Why is the "days away from certification" relevant ? No NEED for certification according to the company right, so what is the sales holdup ?
Doesn't even BEGIN to compute.
"I just talked with Hydra Fuel Cell and was informed that they don't need cert. to sell these units. They are presently talking with prospective buyers and discussing order arrangements."
Dan Scott, PV's attoney says "I don't have a clue". ROFLMAO
From "that dirty rotten yellow rag of a newspaper" (according to Peter W. Barton)
The Windsor Star
_________________________________________
Dan Scott, lawyer for Vucicevich on the OSC allegations, said his client bailed out the Sulja family when their business was approaching bankruptcy.
"They don't know now to run a business," Scott said. "Steve is very bitter over the fact that his company has been taken over."
Scott agreed Vucicevich had a deal to buy the family business, but disputed Sulja's contention that full payment wasn't made. The lawyer said he didn't know the exact amounts involved.
Scott said Vucicevich's Kore International company is in the process of taking over Sulja Building Supplies because of debts owed. A receiver hasn't been put in place yet, he said.
Scott said he's seen correspondence from overseas lawyers indicating that deals were in progress. The lawyer said he didn't know if any were finalized.
Scott also didn't know when an audited financial statement would be available. "Not a clue," he said.
Sulja said Vucicevich has always assured him that he will provide records to prove the dozens of deals touted in press releases for more than a year were actually completed. In the last few weeks, Sulja said he's given up hope of seeing any proof of those deals.
Even though he's the CEO, Sulja said he has no idea what the Nevada-incorporated company actually owns because he can't get access to current financial records.
Scott said he knew little about the Nevada Sulja company and thought it was essentially dormant while the OSC charges were pending.
Sulja said last Friday he was ordered off the property of the company's County Road 17 location and the locks on his office were changed because of a claim of unpaid rent.
In Calgary, where Sulja Building Supplies had leased an office and warehouse May 20, a bailiff's notice was taped on the door claiming $52,077 in unpaid rent.
In Windsor, Tecumseh Truss Systems Inc. has filed lawsuits seeking to put construction liens on two homes, including Vucicevich's at 286 County Road 50 in Colchester.
Trusses were supplied to Sulja Building Supplies for installation on both homes earlier this year, but payment of about $10,000 wasn't received, said Tecumseh Truss lawyer Grant English.
About $7.8 million was made from the sale of Sulja stock through trading accounts controlled by Vucicevich and a Texas associate Andrew DeVries, according to the OSC allegations. Next hearing is Oct. 31.
While hearings continue, the stock is halted from trading in both provinces, although it continues to sell on an over-the-counter electronic market in the U.S.
© The Windsor Star 2007
Tick tock tick tock 284 days and counting
Why is the "days away from certification" relevant ? No NEED for certification according to the company right, so what is the sales holdup ?
Doesn't even BEGIN to compute.
"I just talked with Hydra Fuel Cell and was informed that they don't need cert. to sell these units. They are presently talking with prospective buyers and discussing order arrangements."
Some whiz bang in management told me that (no certification required) more than a year ago and yet they kept talking about the certification process. If they don't need it, what is the holdup ?
Maybe they don't have anything to sell ??
Do you have a copy of that post or can you remember where the money was channeled ?
I wonder if the OSC has that information ? I also wonder if disgorgement would free up that money ?
dragonman profile
buying stocks that py a dividen
Favorite Stocks: banks, real estate, utilies stocks.
Investment Philosophy: buy long, stay away from long shot stocks.all person post are my opnion only. do your own dd work and nver trust any body else.
Time for you to take your own counsel dragonman. EDEX is the quintessential long shot. A VERY long shot
I HAVE SOME PROBEM SEEING GOOD AT THIS TIME AND I DID SEE OT ON THE POST.
You hab ploblem seeing good now ? meybe call TOM rike you tell evrybody to do, he fix you up great. No ploblem. Drill nudder well dont come in Tom good man is no his fault. Tom hav good celery all this time and he rike you fellas. Why you no rike Tom ? You call Tom, he good guy.
Meybe take $$$$$ you spend on empty holes in ground, take ESL ranguage ressons instead !
I guess you didn't read the 29 mil doofus holder's post regarding all of the POWER attorneys Sulja Bros has summoned. Unfortunately, none of then showed up at an OSC hearing to defend their client ! Now doesn't this list of ambulance chasers just impress the heck out of you ? LOL
From the fetid wind blowing from Elmira, NY.
The "Dream Team" list >>
1. Richard Markle
2. Kate Broer of Frasier, Milner and Casgrain
3. Bryan Finlay of Weir & Fould's
4. Dan Scott of DiPietrio and Scott
5. Nicolas Holland of Weir & Fould's
6. Shahid M Kahn
Each one of these names is a powerhouse in the field.
There would no other pink sheet company that could tap this kind of talent if not 110% legit.
There would be no other pink sheet company that could afford this kind of talent if not the real deal and then some.
Barton applies for gainful employment 39 minutes ago
Admin- Good afternoon Mr. Barfton, I'm Mrs. Alverez and I am in charge of the school district personnel department.
Barfton - It's B-A-R-T-O-N
Admin - Of course it is. Well Mr. Barfton we encountered a little problem with your application, maybe you can clarify some things for us.
It says here you have a Master's degree and two teaching credentials but we haven't been able to verify the fact that you even graduated from high school. Would you care to comment ?
Barfton - No comment
Admin - Very well moving on, there are some gaps in your employment record. What have you been doing for the last few year ?
Barfton - I've been busy on the internet
Admin - I see, what exactly is it that you DO on the internet ?
Barfton - I post
Admin - You post what ?
Barfton - I post about Sulja Brothers stock
Admin - That isn't exactly a recommendation Mr. Barton. I have never heard of Sulja Brothers, is that on the Big Board ?
Barfton - No, it's a penny stock
Admin - IT'S A PENNY STOCK ? And what is this penny stock selling for at the moment ?
Barfton - Well, it's at .0004 but it is going to the moon ~~ probably as we speak !
Admin - you spend your time posting about a penny stock that is selling for FOUR THOUSANDTHS OF A PENNY? I see ! Well, I think that's all the information we need Mr. Barfton. We will let you know. Don't call us, we'll call you ~~~~~ Goodbye
************************************
Hey guys come look at this, we have another nutso application !
Toting up the damages that SLJB expects....in dollars
LOL
The Best of Scorpio
If you're going to dream, make it a good one ! LOL
FINANCIALS AND LAWSUITS WHEN SLJB OPENS FIRE 26-Oct-08 05:41 pm
Doubtful they'd nail wormie (the_worm06)...but hey...here's to hoping. Gotta serve the clown. As it is, even 'La Em' can't find the lil' weasel.
I-HUB...100-300 million (dollars that is)
Gary Rennie...roflmao...probably disgorge him of what he was paid to run hatchet pieces on them (cough...think professional businessmen...Apostolic Christians...xenophobic issues. (Scorpio isn't quite sure what the word xenophobe MEANS)
Windsor Star...they'd bear responsibility for their employee and their tolerating this deliberate and voluminous an amount of libel and intentional malice...100-300 million. (dollars again)
We're talking about a company that successfully brought down Kathleen Holyoak-Marion and had Bob Sieber of Atomic Bob's giving Villasenor, Mauck and the rest of 'em their walking papers.
Conceivable they finally caught up with whoever claims ownership of Golden Boards. Looks like a ghost town over there. Seedy... empty...with an ocassional basher ghost talking to themselves.
lololololissimo's!
All in all, a new source of income for SLJB LMAO
Go ahead and laugh but I'm telling you, they don't call him the Oracle for nothing. Or is it the Orifice ?
Well, anyway the man of 1000 aliases is a SUPER investor. He has only suffered a SLIGHT setback but that's because the OSC is working for the hedge funds. You KNOW don't you that there is a HUGE naked short position ? All you have to do is wait and wait and wait untillllll next November when the OSC will apologize. for besmirching the good name of SLJB.
Unfortunately, the launch was aborted this morning due to unforeseen circumstances (no volume)
LOL
The word from Elmira, New York has it that SLJB is about to launch into orbit. Any day now (probably tomorrow) it will begin to skyrocket on the news that IT CCT LLC will initiate a reverse merger with SLJB and then begin it's acquisition program. Although speculation regarding the resurrection of Sulja Bros. has long been discussed, it has been recently that Scorpio verified the dramatic news. Imagine the extraordinary gains one would experience buying shares at today's bargain price of $.0011 and watching it as it ascends to a staggering $.0033 or possibly higher. It would put you in a higher tax bracket for sure. Just be aware that this WILL take place........you can take Scorpio's word for it and anyone familiar with him knows Scorpio's word is his bond.
GREAT LOOKING CHART BY THE WAY. BACK UP THE SEMI AND LOAD UP ! A HOLE IS SURE TO COME IN ANY TIME NOW.
Well fellas, if you haven't done your DD on TOM I'm not going to do it for you. Let's just say his business ventures prior to the EDEX promotion didn't work out too well for him. But with the gravy train that EDEX has provided, maybe he has funded an IRA or a 401K and his retirement will be assured. Nice of everyone to have contributed to that. PIP PIP hooray !
Gee, for so long, this was the dragonman's forum. Every other post was a pump for Tom. "If you don't believe, just call Tom".
Well, Tom has been called upon many many times and has never delivered ANYTHING to ANYONE. If you really knew his history, chances are that you never would have invested a dime. It's a shame that promoters such as good old Tom are allowed to prey on the investment community. Oh well, another lesson learned the hard way.
Your anger is a bit misplaced. Try venting to some of the "pumpers" who make outrageous claims of "the resurrection" by stating that SLJB will be the subject of a reverse merger and be swept under the umbrella of the NEW SULJA ORDER.
Every ploy has been utilized from portraying Suja as a religious figure (Apostolic) to his intended formation of a giant conglomerate located in the financial center of the U.S., Livonia, Michigan.
The mission of the pumpers is to instill some kind of fervor to inflate an already dead penny scam to the lofty PPS heights of possibly .015 where they can all bail out leaving a new batch of bagholders.
If addressing THAT crowd doesn't appeal to you, I have the address of the OSC and you can write and voice your displeasure. I'm sure they will be happy to hear from you. They love their neighbors to the south.
Maybe because the OSC, much like our SEC is an inefficient bureaucracy that has a backlog of cases to work their way through. In the last decade, Canada has been the headquarters for a great percentage of scams on the North American continent. Take a look at AURC, a Russian "Gold Mining" operation that was fronted by Canadians. This too will someday be resolved but no time soon I'm afraid.
I guess it depends on what your definition of "decent" is. To me, a label of "decent" would require a statement by Sulja apologizing to shareholders who were bilked. I see no such gesture. Only a statement to the Windsor Star that he was "rope a doped". In no way do I see this admission as qualifying as a "decency".
Call me strident but I cannot forgive and forget.
Last one out turn off the lights please. Another pnky scam bites the dust.
It may not be a scam, just a poor conceived, poorly executed plan. It WAS very effective at separating investors from their money though.
Can you say death knell ?
"I do also believe that transparency is near."
You are certainly correct about that. Anyone can see right through this thing. TOTALLY transparent !
Dear XXXXX, 10/07/2008
I have confirmed with my investigation/data team regarding the case below. The subject company in D&B’s database has already been flagged and under investigation. There is no report available directly through D&B channels at this time.
We again do appreciate your input in this matter.
Sincerely,
Monty Singh
Customer Care Consultant
customercarecan@dnb.com
D&B CANADA
You insist upon reciting a D&B report. I suggest you call CustomerCareCan and find the REAL story. What you are quoting is BOGUS...I guarantee it.
IT CCT LLC has NO connection to SLJB at all other than the fact that Sulja has his name attached to both.