Posted by: Hockmir
In reply to: bearluver
Your description of the structure of an LLC is certainly informative. However, does this apply to the entity that was incorporated under Nevada Corporate Law? In this case, it would seem that the shareholders purchased shares in the Nevada corporation, and the officers as listed under the Nevada incorporation would need to comply with US (Nevada) principles, not Canadian LLC principles.
Aye, that's the rub. If you can winnow out the structure of SLJB Nevada as opposed to SLJB Canada, you're a better man than I Gunga Din. This is such a convoluted can of worms, it took the OSC MONTHS to figure out what,who,where,when and I'm still not certain they have the entire picture. Follow the bouncing yellow ball........
Oh, by the way, there was also a Sulja Bros. Construction Supply Company mentioned at times. There were a couple of lawsuits filed at the beginning of 2007 but it is my belief that the plaintiffs attorneys took one look at this garbage, shook their collective heads and said..... not worth the effort !
1. Sulja Bros. Building Supplies, Ltd. (“Sulja Nevada”) is a company incorporated in the State of Nevada, U.S.A., with a registered office at CRA of America, Inc., 3638 N. Ranchero Drive, Suite 6, Las Vegas, Nevada. It was originally incorporated as Loftworks, Inc. on April 19, 2005 and then changed its name to Loftwerks, Inc. (“Loftwerks”) on May 4, 2005. It was renamed Sulja Brothers Building Products, Inc. on July 20, 2006 and changed its name to Sulja Bros. Building Supplies, Ltd. on July 21, 2006. Loftwerks was quoted on the Pink Sheets, an over-the-counter quotation system in the United States. It continued that quotation as Sulja Nevada and does not trade on any exchange or trading system in Canada.
