Sulja Bros. Building Supplies, Ltd (SLJB)

[KingsKnight]

As A Pure Play Custodianship!!

Looking at this here as a pure play custodianship, wiping the nefarious past (difficult to, I know) and looking at where it's at right now.
Price: $0.005 O/S~600M Supposed Float 200M, MCap ~$3M

Honestly, having done some reading up on the state of custodianships & why they are such a hot play these days [https://hscorp.biz/reverse-mergers-and-custodial-plays-making-penny-stock-investors-big-bucks/] SLJB very well could be a mega runner. We are in ever early stages here.

That share structure is better than most custodianship plays that are currently running. IF the custodian comes out & states there will be no R/S this will likely run. These shares are not fully available. There's just been too much time between it being alive & dead. Many people burn out trading accounts, they open new ones. This was dead money for 14 years until March '20. Some may never even know this is moving in accounts they have. Some are probably deceased.

The price targets some are throwing .05-.25 are not as absurd when you think of a momentum run. In the end, the key is the custodian, are they the final landing spot? or is there another pivot to come into another entity.

At this point, I'm not sure why it's being called a scam by some, it's going to be a process and it's going to be over months, not days. I'm not sure why any former holder would be disheartened by the on goings right now. Whatever value your shares were they're up 5000% since. Seems it's either on doom, gloom, or euphoria.

I'd encourage anyone to do some dd on custodianships, they are the SPACs of the OTC lol & honestly could return you more. Many have run without even a solidified merger candidate. Let's hope for the best & for some good volume to come in over the next month. Hopefully, those that still held shares through all this time can see some clawback in time.

Have managed to get SLJB back onto Stockcharts..enjoy!