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Re: EarnestDD post# 256108

Saturday, 03/24/2007 3:06:17 PM

Saturday, March 24, 2007 3:06:17 PM

Post# of 311080
guy42i, the lumberyard's assets are not SLJB assets. Only a merger/business combination would put the lumberyard into a SLJB common share. That first requires shareholder approval by proxy.


Lets say the lumberyards with all land, inventory and equipment are worth $10 million.
There are over 600m shares outstanding.
10 / 600 = $0.0167

The question remains though .... are the assets of Sulja Canada available to the shareholders of Sulja Nevada. I think this is yet to be conclusively proven.
imo


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