Replies to post #41449 on Sulja Bros. Building Supplies, Ltd (SLJB)

[Greta Grabo]

That is very interesting, I had forgotten about that incident. There have been some "PM" discussion regarding Dubai and UAE wanting to gain a portion of this stock to gain american access to the NASDAQ. If they have ownership in a company such as SLJB they would have access not only to NASDAQ and american money but to its port operation's and the money they take in per year. Very interesting.

[Mikeed]

Daddio5... In this article they set a time table for the transfer of US assets in 4 to 6 months to an unknown business entity. August is the 6th month. US $ value of the port assets are 700mil.


WASHINGTON (AP) — A Dubai-owned company announced Wednesday it would sell all its U.S. port operations within four to six months to an unrelated American buyer, completing a multimillion-dollar deal forced by congressional concerns over terrorism security.


The new disclosures by DP World responded to questions raised since its vague announcement last week that it intended to "transfer fully" to an unspecified American company the U.S. operations it acquired when it bought London-based Peninsular and Oriental Steam Navigation Co. for $6.8 billion.

It was rumored Haliburton could have been selected,but some sources are saying they aren't involved. News has been silent on this up until now. Still looking but a interesting angle.

http://www.usatoday.com/news/washington/2006-03-15-gop-ports_x.htm

[twoeggsovereasy]

This is indeed very interesting...
when talks of Sulja and Loftwerks dealing with UAE first came up, what first came to mind was the failed ports deal several months back. This wasnt because I saw a connection necessarily, but it did come to mind because at that point in time I didnt know much about UAE other than this huge controversy over us backing out of the deal due to political outcry. If this were indeed the case, my oh my. Speechless. It doesnt seem quite right, but who knows. Either Steve talks a whole helluvalot of smack in stating things like "Investors will soon know why a reverse split was not necessary for uplisting", or we all happened to have fallen from the sky and landed on a bed of four-leaf clovers. The best $3000 entertainment I have ever seen. LOL I look forward to this week, but I have to stick to my guns and not funnel more into this even if to flip the new portion for a little extended weekend getaway vacation! LOL
Todd