Sulja Bros. Building Supplies, Ltd (SLJB)

[Disinterested One]

IIRC, the Alberta Securities Commission statement when SLJB was suspended from trading in Alberta said something to the effect of "Sulja Nevada's principal asset is its interest in Sulja Ontario."

The ASC statement did not indicate what percentage of Sulja Ontario that Sulja Nevada owns/owned. That is, Sulja Nevada could own only 1% of Sulja Ontario, but that 1% would be its principal asset. OTOH, Sulja Nevada could own 100% of Sulja Ontario. The point is, no one who knows with certainty is saying what the percentage of ownership is. The only stake in the ground we have is that Sulja Nevada has no other material assets than its stake in Sulja Ontario.

Hope this helps, or at least doesn't muddy things more...