Gaswaseas. Shareholders of even a Pinksheat company can raise a class action suit against a lying company, and these suits are no more only profitable to the lawyers, even the shareholders can have some compensation. SEC has tightened their rules and has an eye especially on pinksheet/OCTBB companies - read their home page. As I said before they do not hurry up to rescue individual investors, but a class act suit is always possible, and it is a warning sign to fraudulent pinkies that they really can end up to jail.
You had no information about Consultech and Mr. Vucocevich's relations to Sulja Bros. Here is something I found. Dig on further:
LoftWerks/Sulja Bros (LFWK) Announces Appointment of Interim President
Market Wire, June, 2006
LoftWerks CEO (PINKSHEETS: LFWK) Steve Sulja announces today the appointment of Direct General of Consultech Construction Management Inc.'s Director General Petar Vucicevich as Sulja Bros. Interim President. In his statement, Mr. Sulja says, "Leo Meloche has temporarily resigned from the position of President of Sulja Bros. to allow for a smoother transition of the Sulja/LoftWerks vehicle for its eventual merger with Consultech's Midwest Operations."
Mr. Sulja at the same time stated, "This is indeed a solid move towards making our process easier. With the appointment of Mr. Vucicevich as our Interim President, the time frame for the merger process has been cut into almost half."
Mr. Vucicevich will retain his position as Director General of Consultech Construction Management Inc., but will be working closely with the Sulja Bros. to allow efficient functioning of normal business as well as the public merger process. Mr. Vucicevich stated, "I look forward to working closely with the existing Sulja Board and helping with the merger and expansion plans. Also, this will benefit all investors with the GFYM factor."
For further details, contact Kore International.
Mr. Sulja says, "Leo Meloche has temporarily resigned from the position of President of Sulja Bros. to allow for a smoother transition of the Sulja/LoftWerks vehicle for its eventual merger with Consultech's Midwest Operations."
