Sulja Bros. Building Supplies, Ltd (SLJB)

[binzur]

Airys; This is but one instance where in fact the company and you told the truth. Don't make it any bigger deal than that as there are many more lies than truths told by this company. Remember this PR and then finding out in December when the TA was ungagged that there were 609,230,500 O/S with none restricted!

"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."

So this is one small instance where the company told a meaningless truth. As an investor you realize that they can raise and lower the A/S very easily as demonstrated many times in 2006 amenments on file with SOS Nevada.

See bold below!

https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?lx8nvq=3jTAXTqYdC80kvn1T3%252fB8Q%253d%253d&CorpName=SULJA+BROS.+BUILDING+SUPPLIES%2c+LTD.

Action Type: Amendment
Document Number: 20060832089-28 # of Pages: 1
File Date: 12/28/2006 Effective Date:
Previous Stock Value: Par Value Shares: 800,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 800,000.00 New Stock Value: Par Value Shares: 725,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 725,000.00

Action Type: Amendment
Document Number: 20060617400-56 # of Pages: 1
File Date: 09/26/2006 Effective Date:
Previous Stock Value: Par Value Shares: 850,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 850,000.00 New Stock Value: Par Value Shares: 800,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 800,000.00

Action Type: Amendment
Document Number: 20060590358-48 # of Pages: 1
File Date: 09/14/2006 Effective Date:
Previous Stock Value: Par Value Shares: 800,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 800,000.00 New Stock Value: Par Value Shares: 850,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 850,000.00

Action Type: Amendment
Document Number: 20060462963-68 # of Pages: 1
File Date: 07/21/2006 Effective Date:
(No Notes for this action)

Action Type: Amendment
Document Number: 20060460755-05 # of Pages: 1
File Date: 07/20/2006 Effective Date:
(No Notes for this action)

Action Type: Amendment
Document Number: 20060442697-10 # of Pages: 1
File Date: 07/12/2006 Effective Date:
Previous Stock Value: Par Value Shares: 1,000,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 1,000,000.00 New Stock Value: Par Value Shares: 800,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 800,000.00

Action Type: Amendment
Document Number: 20060436273-63 # of Pages: 1
File Date: 07/10/2006 Effective Date:
Previous Stock Value: Par Value Shares: 500,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 500,000.00 New Stock Value: Par Value Shares: 1,000,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 1,000,000.00

Action Type: Annual List
Document Number: 20060294842-37 # of Pages: 1
File Date: 05/09/2006 Effective Date:
(No Notes for this action)

Action Type: Amendment
Document Number: 20060034702-44 # of Pages: 1
File Date: 01/23/2006 Effective Date:
Previous Stock Value: Par Value Shares: 200,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 200,000.00 New Stock Value: Par Value Shares: 500,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 500,000.00