Sulja Bros. Building Supplies, Ltd (SLJB)

[YankeeAce]

Ok, I just found a website for a firm that is selling 504 shares at a par value of $0.001 for a shell company with no assets and no liabilities. There is a comment that says Price provided upon request. Why would they put that comment in there if the price was equal to the par value. Under 504 these shares are NOT restricted shares. So why would a company sell 504 shares at below or way below the market value? The stipulation is that these shares need to be sold to accredited investors. That means a bank, investment firm, millionaire or someone who has made over $200,000 for the past two years. My guess is that any investors that got in on the 504 initially are dumping to preserve some capital. Thus the increase in available shares.

http://www.articlealley.com/article_3205_19.html