Sulja Bros. Building Supplies, Ltd (SLJB)

[a_charting_god]

very long but worth the read....

thinking out loud about the possible short positions here.....

ok so
100m+200m+50m+78m+50m+5m=483m
(held by insiders)(as of 3/15/06)(total a/s is 500m as of 2/06/06)

500m-483=17m available
(i love math dont you)

30day average volume..10.35m per day...or...310,500,000...now if buying was 3 to 1 during the entire 30 day period...77,625,000 were sold and 232,875,000 were bought...

now the actual run up started 35 days ago..daily average was 10.53m per day...again assuming 3to1...368,550,000 shares traded and 92,137,500 were sold and 276,412,500 were bought...

now the run up peaked 23 days ago so since the peak the average daily volume was 9.85m per day again assuming 3to1...226,550,000 shares traded and 56,637,500 were sold and 169,912,500 were bought...

now in the last 11 days which i know for a fact the buying has been 3to1...daily average volume was 8.27m traded per day....90,970,000 shares traded and 22,742,500 were sold and 68,227,500 were bought.....

now we know that the available float is 17m and that the company owns the remaining shares from the 500m a/s.....as a matter of fact the company stated this fact on march 9th...

NASHVILLE, TN, Mar 09, 2006 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. (OTC: LFWK) today announced that its merger with Consultech Construction Management, Inc. and particularly, its subsidiary, Sulja Bros. Building Supplies, LTD., the primary distribution arm of Consultech's midwest operations, has set an initial timeline of 30 days to completion. The move solidifies the certainty of Consultech's imminent migration into the LFWK public vehicle. Sulja Brothers will serve as the centralized and primary distributor of materials for all future projects. A twenty-four year old business, Sulja Bros. has achieved steadily increasing revenues since its inception that now average over $30M annually. The company currently has assets totaling more than $25M. It is projected that once Sulja Bros. settles into its new role, revenues could top out at the $200M+ within twenty-four months. The increased inventory alone could place the company's assets at over $125M.
Also, LFWK disclosed its share distribution; a request by Consultech aimed at providing shareholders as complete a disclosure as possible prior to finalizing the LFWK vehicle takeover. The shareholder ownership as described is as follows:
-- 500,000,000 authorized
-- 100,000,000 control block held by Ammerman
-- 200,000,000 in Treasury earmarked for Consultech ownership during and
after takeover
-- 50,000,000 in certificate form, owned by enumerated insiders and NOT
TRADING.
-- An additional 78,000,000 owned in various certificate and electronic
form that is also held by LFWK insiders and accounted for as not currently
trading.
-- Leaving approximately 72,000,000 free-trading shares in the public
float (50M of which can be accounted for by LFWK management as issued to
non-insiders).



ok now march 9th the available float was 22m and that was 25 trading days ago and the average trading volume for that 25 days was 10.03m per day...250,750,000 traded since then and if we assume again a 3to1 68,687,500 were sold and 182,062,500 were bought.....

how is this possible when only 22m is available...?

ok now on march 5th they announce they bought an additional 5m shares on the open market decreasing the float further to 17m which it stands at now....

NASHVILLE, TN, Mar 15, 2006 (MARKET WIRE via COMTEX) -- LoftWerks, Inc. (OTC: LFWK) today announced that its original plan of shareholder disclosure (as is practical) has been furthered by this announcement. Namely, that Company Insiders have purchased up to 5M more shares of LFWK on the open market. Thus, an already negative public float tips the scales even more impossibly lopsided than previously thought. This information is aimed to bolster confidence among shareholders by maximizing the transparency of disclosures regarding the public markets and its participants.

anyone else see the problem here...?

is there any wonder why NITE is waving that 1x100 around ...?

ACG
bmc

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)