InvestorsHub Logo
Followers 16
Posts 1021
Boards Moderated 0
Alias Born 09/18/2006

Re: high_gear55 post# 236767

Saturday, 01/06/2007 11:34:31 AM

Saturday, January 06, 2007 11:34:31 AM

Post# of 311057
Notice nothing was said in response to your post either! I have been posting about this same thing since November 18th. I received a PM with a ton of information about Nevada SPAC rules and that posters theory. I read this PM six times and actually had to go throw up! Couldn't believe it and that is when I started really digging. The proof that the merger never happened is the OSC complaint! They list both companies and if they had merged the privately held Sulja Bros. Building Supplies, Ltd CANADA would have ceased to exist. There would be no reason for the OSC to list them on the complaint! That is proof to me that the merger never happened and the OSC has now confirmed this.

It is one of the older pinkie scams really. Reverse merge but never move the assets into the new shell. The assets stay privately owned and the company does the old dilute dilute, price crashes company dies and the empty shell sits there for someone else to come along and use it again! The criminal part is they keep PRing the activities of the assets that were never moved into the new shell as that shells business! That is exactly what has gone on here.

I have never seen the name change form you mention in your post. That would have just proven my theory further. I have wanted to ask someone with access to pull a current D & B report on Sulja Bros. Canada address. The one in post 188698 is now 7 months old. If there are no new public filings listed then they never moved that private company into the SPAC to merge with Loftwerks, Inc. If there is no change in ownership then that would prove they never merged with Loftwerks! If the company is still operational then the merger never happened! If I was long and considering buying more shares I would spend the money for a currect D & B report cause if it shows what I believe it will no one should be sinking any more money into this!

JMHO!