Replies to post #30613 on Sulja Bros. Building Supplies, Ltd (SLJB)

[boogaloo]

heretic, I think you are missing this point... they 'diluted' quite a while before the merger. I think; if I'm wrong someone feel free to correct me. Then, insiders (maybe from sljb?) bought up the whole float.

The statements of no dilution are being made NOW. No dilution right now, nor in the foreseeable future. It doesn't seem that complicated to me.

[sons]

If the company just received funding why would they have to dilute the stock, they don't! So with the profits their going to be making from the projects listed in a earlier post they should never have to dilute the stock!

Wessal International has arranged for private financing of USD 25 million, of investment capital, for Sulja Bros. Building Supplies, Ltd.

A Wessal International spokesperson commented, "We have acquired private financing to secure the vast supplies and materials needed in the rapidly growing operations in the Middle Eastern market. This will necessitate and alleviate the capital required for such an extensive demand for building materials. The capital attained will ensure that Sulja Bros. will not use company shares to raise capital in the near or distant future, and will continue to not only maintain the upward climb towards a high price per share, but to also steadily rise towards a higher market exchange

[mrgoodtrade]

heretic-They have the equity, they don't need to dilute- I never ssaid they were diluting