Sulja Bros. Building Supplies, Ltd (SLJB)

[allmanchase]

As per my philosophy that the glass is half full, I think we will soon find out that things are not as bad as many on this thread espouse, nor as good as many here would ask us to believe. It would appear Steve Sulja, his brother and maybe his father and a few trusted employees let greed cloud their decisions and made a deal with the devil. Even Petar may have not been in possesion of the full scope of these actions being directed by Andrew DeVries. That's giving Petar more credit than we may discover, but I feel he is not the sharpest tool in the shed. Whichever, the truth will soon come to the surface as these allegations come with some stiff repurcussions and I think Papa Sulja is going to do whatever it takes to keep his son from receiving soap on a rope for his next birthday present.

It now seems Mr. DeVries was the Oz behind the screen, directing his puppets to commit actions detrimental to shareholder value. The Sulja lawyers will come armed with every shred of evidence in any of the PR's that might deflect the allegations. The best any of we remaining bagholders can hope for is that Steve Sulja retains enough wheelbase to command the remaining money get put back in the company. Petar and Andrew need to be painted with the most culpability to limit Steve et.al. to escape with only fines.

Even at this juncture, I don't believe everything was made up but it certainly now appears that a large portion of the PR's were smoke and the only thing that will retrieve any of the shareholder money will be to come clean, keep selling drywall and attempt to grow the company with "real" contracts.

Although I do not understand some posters need to continuously throw salt into the wounds of others, I appreciate their righteous indignation at "not being given" ear to their warnings. It was one such warning that finally awakened me in early November to pull enough off the table to allay the horrific losses suffered by many here. I cannot blame some for seeking to avoid the "I told you so" ramblings common on this thread of late. It's a tactic that no human being will tolerate for very long and speaks poorly to ones upbringing. Try it on your children for a while and see.

A lesson is here for all of us and as we enter the new year, my hope and wish is that we can all take from this experience something that will make us better investors and better people.