Sulja Bros. Building Supplies, Ltd (SLJB)

[janniebgood]

not within the ability of either a P&D operator

It is my strongly held opinion that it was certainly within the ability of a "P&D operator" to repeatedly announce its intentions to post long awaited and much touted audited financials by a Big Four accounting firm, and then fail to post them (most likely because they didn't exist to begin with), which failure was largely responsible for the crash on the morning of November 16. Mass panic selling by disillusioned shareholders obviously ensued, not to mention the possibility that another component of a "P&D operator", i.e. Andrew DeVries, may have begun dumping hundreds of millions of shares admittedly under his control through the US Kore operation, which probably never even materially existed (see statement of Petar Vucicevich to the RCMP in Anderson affidavit) . Even from my point of naiteve concerning the market, it seems very apparent to me that this is what caused the crash, and not some insidious plot hatched by any market maker, hedge fund or other outside parties to drive the company down.

In my opinion, the deliberate acts and omissions of Sulja Bros. Building Supplies, Ltd. (SLJB) and its principals (plus Andrew DeVries if in fact he was not an official principal), were the sole proximate cause of the deterioration of the stock price on November 16, 2006, and the resultant losses of innumerable shareholders.