Sulja Bros. Building Supplies, Ltd (SLJB)

[rrufff]

When you're involved in deals, the best way to predict what the other side wants is to try to put yourself in the other guy's shoes. What's his motivation? In this case, they need us because there is a value to a public entity. That real value is enhanced if they can go to Nasdaq in the future or AMEX and become a so-called "legitimate" public company with real analysts and the ability to raise funds w/o tanking the price and counting on pumping PR firms.

In this case, you have Dennis with his "dream," being frustrated by shorts or bad advisors. He gets new guys who both believe in the "dream," and tell him they know how to reverse the work of those who screwed him in the past and who are willing to put their own money up to back him. They come up with a plan, based on corporate potential, product potential and trading potential.

They want to put together something that reflects what they perceive is fair value, and they're willing to put their money where others only put words. Yet, they want to do it as cheaply as possible. It's human nature. First you start with the fluffy PR's, go to the specifics and then swing for the fences. We've seen a lot of stuff which if true could push this to .25 or more. If they can do it w/o a cash dividend, they will. They've already PR'd that they have bought in with their own funds. They claim they have bought up the float.

Yes, the numbers on file are amateur. The PR's have had more colorful than explanatory language. But, they've probably saved a few hundred thousand bucks by doing stuff in house. If they are using that money to buy up stock or for a dividend or to pay the lawyers to finish the merger, than that's fine with me as the share price will benefit. In all likelihood, the principals of each merger entity know the details and don't really care about audited statements. They don't mind the amateur numbers filed or the verbiage in the PR's because they know what's going on by being there.

I'm hoping we see a bit more drifting, then the panic sellers, which seem to be getting less and less on each move under .03. Then, and only then, will we see the big guns, the potential dividend, etc.

JMO - do your own DD.