Sulja Bros. Building Supplies, Ltd (SLJB)

[gdb81]

Well they raised 12 million by selling stock right before dropping the bomb on 11/15 with the whole "no AFs, sorry...suckers"

They now have half a million on hand in cash. So according to my calculations they flushed 11.5 million in cash down a giant sulja brand toilet in about 45 days, or 256k per day.

and 500k in cash on hand

Which means according to my calculations they should be bankrupt by....thursday.

Seriously though, we all know that 11.5 wasn't for OPEX or CAPEX, a hundred grand went to pay for Steve's lebanon vacation, and the rest likely wound up in the pocket of someone's black fake suede jacket with a plastic carnation on it.