Sulja Bros. Building Supplies, Ltd (SLJB)

[binzur]

I have been posting the two Sulja information since November after I discovered it. The merger never happened and that is fact. What I believe has happened is the Ontario Sulja may have realized just how big of trouble they were in and with their lawyers figured out a way to perhaps give title to all of the shares of Sulja Ontario. A way to attempt to make right a small part of the HUGE mess!

The problem is SLJB already has paid a big price for the Loftwerks shell and Sulja Ontario should have been part...like 500 million shares that should have been used to more than buy Sulja Ontario, compensate Loftwerks for the shell and have capital for the company. That never happened. The scam was to let the Sulja's keep their Canadian operations and trade the empty shell to oblivion.

Problem is I think they paid the Sulja Ontario owners for their shares of that company from the proceeds of the 100 mil sale of shares. Remember in the detailed listing of where the 12 mil went 3 mil went to the Suljas.

Loftwerks Inc could go down as the most expensive pink sheet empty shell in history when it is all said and done. You can get a clean OTCBB empty shell for around $1,000,000 and that is the top end. This is where the crime is as well as all the bogus PR's. The little lumber company isn't going to come close to re-imburse the shareholders who got creamed here.
JMHO!
Binzur