Sulja Bros. Building Supplies, Ltd (SLJB)

[binzur]

Do you think it will be the SEC that gets after Sulja Nevada? There are so many false PR's about a merger that has been proven never happened. Now Airys states he has been told by the company that Sulja Nevada owns Sulja Ontario. They should have been one in the same if the merger happened! Did they just buy it with the $3,000,000 they gave to the Sulja Family from the illegal sale of shares this fall? Where is the public record of that purchase and transfer of ownership! Doesn't exist!

What a reverse merger! LOL! Loftwerks, Inc. is empty, who got the 362 million shares or approx. $17-20,000,000 worth of stock at that time? There was absolutely no reason to merge with Loftwerks. There are so many empty shells and clean OTCBB ones can be purchased for less than $1,000,000. This deal smells worse and worse every day! Who were the insiders who owned the shares in Sulja Nevada. That should have been the Suljas.

Appreciate your thoughts on this!
Thanks
Binzur

CEO Steve Sulja stated: "The current outstanding shares are 500 million. There are 362 million shares held by insiders. Of the 362 million insider shares, 162 million are restricted. There are 138 million shares in the public float. The number of inside owners, of 10% of common class shares, decreased after the reverse merger. The increase of outstanding shares from 200 million to 500 million excluded holders of 20 to 50 million shares from insider status. Basically, three insiders with 40 million shares from the open market did not meet the 10% of class rule; therefore, they are no longer considered insiders."