Replies to post #48621 on Sulja Bros. Building Supplies, Ltd (SLJB)

[greenspirit]

Hey Fish,

I get that point of view and largely agree with it. My point is why establish a public float now by selling shares, instead of increasing the share price first by using a dividend and audit to move the price.

The sequence is out of order is my point.

[Fishforbreakfast]

Hello, Green Spirit. I re read your post.. I guess it could not be totally outa the question that the float gets established at a little later date..

However something just tells me when the Auditing firms started to look at the books, and saw the current float being owned by Sluja Brothers. They advised Sulja Brothers to release shares now.. That way some time down the road they can not be accused of playing with a stacked deck.

Establish the float.. Release the right news, Then Wessal starts buying. These events will just about let PPS takes care of itself..

Thats my theory and my opinion of how this could possibly unfold over the next few weeks.. MOO FFB-Fish

[Trish0949]

Fishforbreakfast, I don't know about the NASDAQ as far as there being a public float, but I had read somewhere on one of the boards, there has to be 25% float for a company to be listed on the Dubai Exchange. I would think there would also have to be a certain percentage of the shares to be in the public float in order to get onto the NASDAQ.