Sulja Bros. Building Supplies, Ltd (SLJB)

[Fishforbreakfast]

Hello, Joelotto.. Your are Wrong in one aspect and right in another. The public float is 138 Million shares..That is stated by the Company.. That is a fact.

Now, who owns those shares is another story.. Your assuming that 3 insiders still own 120 million shares thus you keep coming up with 18 million shares.. Your are also assuming those insiders have not sold any of there shares.. We understand that.

However.. The Company has stated in a previous PR that No additional shares are going to be released. That Wessal will have to buy there 25% from the current float..That float is 138 million shares..

Now follow along Please.. 500 million O/S shares.. 25% of that number means to me that Wessal will buy 125 million shares. Take those 125 million shares out of the float and you have 13 million shares left over. That is how some are coming up with 13 million shares.. VS your 18 million shares..

Now if the former insiders hold there 120 million shares as you suggest and current insiders hold 362 million shares. It's going to be impossible in theory for Wessal to buy 125 muillion shares because they are only supposed to be 500 million total shares to go around.

What is really importnat is this..And many are not really looking at the one thing that will eventually drive the PPS..

The Naked Short position.. It's huge some where near 200-300 million shares. I hope people understand what's going to happen to the PPS once those who are short are forced to cover.

Lets make an assumption for just one moment and see what we are possibly looking at.

Insiders control 362 million shares.. I assume they still own these shares and are holding for higher prices.

Let us assume the 3 former insiders still own 120 million shares and are holding for higher prices.

Let us assume Wessal has bought 50 million of 125 million shares..Some feel they are buying some feel that have not even started to buy.. I have my thoughts on this..

Lets us assume this board owns around 50 million shares. I feel it's much higher than that.

I guess what I am trying to point out is this.. Someone somewhere along the line has sold Naked shorted Shares. And the people who sold those shares stand to loose a lot of Money once they are forced to cover those shares. In my opinion They stand to loose hundreds of Millions of dollars.

Remember at one time Dennis Ammeramn stated insiders owned more shares than what was legally available in the float. If someone had not sold shares they did not own that could not have happened.

Naked Shorts tried to drive old LFWK into the ground thru Naked Short Selling..Unless Dennis was lying there is a Naked Short position that will need to be cleared up.

The one thing that will clean this mess up once and for all is going to be a Cash Dividend..

If the Naked Short position is as high as some suggest.. You could see one really huge short squeeze..Once the shorts are forced to cover by choice or Fed Margin Call..

The only place for those who are short to buy the shares they sold short is from the Insiders or the Current Retail holders.

Remember this if the insiders hold.. The shorts will have to buy the shares they need to cover from the current retail holders. If we hold our shares they have to offer to pay more to get us to sell..

WHY IS THIS SO HARD FOR SOME TO UNDERSTAND. WE CAN ALMOST NAME OUR OWN PPS.

Currently in my opinion the Hedge Funds and MM who are short are using the current delay to get inside our heads..

They realize we are the key to them getting out a cheaply as posible..

The delay is frustrating many.. It is causing many to doubt the company.. The Bashers for the Hedge funds are working very hard to keep you frustrated.

Do you really think that we had 5 to 6 MM sitting on the ASK yesterday at .13 all at one time. Do you think this was just a little unusual. They want you to think everyone is interested in selling at .13 cents. LOL

The Hedge funds and MM want to wear us down. They know once the AF come out more buying pressure will start to come.. More buying presure will only compound the shorts problem..

Those who are short need our shares. They want you to get all bent out shape they want you to feel frustrated. They are trying to get you to sell them shares as cheaply as possible.

And you know what.. Many are going to sell out at .15 .20
.30 .40 .50 cents etc out of frustration happy to make something on Pinky..

In my opinion we have a $6-8 a share stock within 60-90 days after the release of AF. For now I am willing to watch and wait
MOO FFB-Fish