Replies to post #10449 on Sulja Bros. Building Supplies, Ltd (SLJB)

[bliz82]

Huh? We gone over all this already. 1 cent? Your math and the rest of ours don't match. Sounds like your short!

[Teamlasvegas]

MarionPolk-Thank You Very Much.
SLJB L(.)(.)Ks Like A Strong BUY!
Git-R-Done
GL2U
Later, ( :>) The Team.

$$$$$$$$$$$

Posted by: MarionPolk
In reply to: YankeeAce who wrote msg# 10446 Date:3/30/2006 10:29:26 AM
Post #of 56531

Are you talking about Sulja's net income, which might have been earned by selling materials to LFWK that LFWK couldn't pay cash for, thereby driving up Sulja's receivables?

IF the LFWK stock price was driven to 20 cents, then the merger makes sense for both companies.

IF the LFWK stock price stays at 2 to 3 cents, then Sulja only gets 4 to 6 million in stock for a company that might be worth 25 million.

Yes, if LFWK can PR its stock price to 20 cents, the deal can go through. At 2 or 3 cents, I don't think so.

We "know" how great Sulja is supposed to be, but LFWK's "financials" dont justify even a 1 cent stock price on their own.