Sulja Bros. Building Supplies, Ltd (SLJB)

[janniebgood]

I was introduced to Steve Sulja by someone he trusted. I listened to what he had to say and eventually came to forgive him for whatever part he might have played in the scam, which I believe, from the information I have accumulated from many sources, if anything, was negligible. I told him in no uncertain terms how I felt about the entire scam, how much money I lost personally, and he understands my position and has expressed his regrets that things turned out the way they did, for his family as well as the shareholders. He also knows I gathered a group of shareholders and retained a lawfirm to investigate the possibility of suing the company and its principals.

I came to forgive Steve in the hope that I could gain more information and insight through him about what exactly happened in this debacle and why. He obviously became comfortable talking with me and we continue to phone and Email to this very day. If you don't like it...tough.

I for one truly believe that he didn't play a significant part in the scam, not at all in the trading of shares (all done without his knowledge, according to him), and once he explained to me how it came to pass that his name was on all those PR's, he had a reasonable explanation for that as well. I also don't believe he received any large sums of money from the nominee trading account proceeds (approx $12 mil, most of which has been traced through Kore according to the OSC). He told me the only money he received was $150K, which represented a first payment on Vucicevich's purchase of Sulja Ontario consummated through a "handshake deal", but also told me that Vucicevich never finished paying him and his family for the business.

I have shared what Steve told me in an effort that others might get a sense of what was really going on, that SLJB really was a scam, and so that hopefully nobody else would sink more money into a lost cause. Again, believe or don't believe...it's of no import to me.







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Why would the CEO of a company want to speak with any of those trying their darndest to sink both he and his company(s)? He wouldn't. Ludicrous.