Replies to post #51793 on Sulja Bros. Building Supplies, Ltd (SLJB)

[MrBankRoll]

Being a non reporting company..... Why would anyone have to file anything?

Even if they did, it usually doesn't show up until loooong after the fact.

[allinone]

They can sell their shares whenever they want now that the company has increased the issued to 500 million. Anyone with 50 million or more are insiders. By looking at the trading log this accumulation of 120 million shares has been orchestrated from some time ago imho. This news today now tells me that the insiders own 200 million shares that can be traded (insider restrictions apply) 162 million are restricted therefore giving you the 362 insider controlled shares. Now add an additional 120 million held by 3 people who can sell anytime and the small balance of 18 million and you get the 500 million shares issued. Bottom line, 338 million shares are available to sell on the open market by insiders holding common stock and the now designated NON insiders and the remaining 18 million or so! Well we are now getting better news than ever before and we go from .14 to .075! And this has been on some of the best news this company has put out! Something here is not passing the smell test anymore for me! I have the martian antenna's up and am searching the country side for information to explain this! This is my opinion only!