Replies to post #58164 on Sulja Bros. Building Supplies, Ltd (SLJB)

[boogaloo]

rrufff, Thanks, the things Denise at SOS said today do pretty much match up with what you just outlined. She said that the "asset transfer" performed in July was pertaining to the stock change and nothing since then.

So, we can assume that what she was looking at was for the name change, etc.

[spongebob39]

Big Apple doesn't write good PR's most the time IMO.
Why in the world is the professionlizim in the pinkie land of companys and IR firms so poor?

[DigitalTradz]

Check the requirements of having a stock public

Assets go from people to people, or people to entities or vice versa. The assets don't go to the Sec of State or to a state. The state statute typically requires changes in authorized shares (not o/s or float), changes in officers, changes in directors, fiscal year, location. These are all legal things.

Referng back to your complete post----

Assets for the par value must be kept in a bank account verifiable by the SOS. Check your regs on that one. If you find a reg that conflicts--with number--I stand corrected.

The $800,000 that is on the Nevada site is deposited in a bank that is verifiable to Nevada and/or the SEC. At the minimum, that's required.

Other than that--prove me wrong. If so that's means that SLJB has not deposited the minimum required by the SEC to cover their stock. Right or wrong?

Not bashing, but from what I have seen, IMO SLJB has followed everything to the letter of the law.

[WhiteSands]

Ruff, thanks for setting that straight. I just got off the phone with the SOS office, and they gave me the standard "we can't advise" line about legal issues.

[toddeholden]

thanks for clearing it up rrufff