Replies to post #119686 on Sulja Bros. Building Supplies, Ltd (SLJB)

[spongebob39]

Great post fish: I totally agree that former or current insiders have been doing the selling to provide Wessal with most of the shares they are buying. This, of course, seems to be good news as far as I am concerned. glta

[Maximyer]

Other than the huge "IF", as in IF the audited financials confirm the accuracy of the Pro Forma, this "IF" in

(your quote) "If the insiders still end up controlaing 362 million shares even after Wessal buys there shares" is my next biggest concern.

I really do hope that both these "IFs" come through for us all.

[OLDSCHOOL110]

Fish, Good analysis !

[Crazy Money]

"SHORT Seller Captured Capital"

This is also part of the controlled selling...

LoftWerks Explains "Short Seller Captured Capital"

http://www.antandsons.com/2006/03/loftwerks-explains-short-seller.html

LoftWerks Inc. (OTC: LFWK) CEO Dennis Ammerman stated in a news release yesterday that, "insiders decided to buy more shares than are legally available. There is no stock definition for this type of buying; therefore, we created our own definition. We call it 'Short Seller Captured Capital.'" Insiders have expressed interest in selling blocks of shares back to the company at a later date. The shares can be introduced into the market. After Loftwerks' plans are executed, the short sellers can complete their buy-in at a much higher price. Short Seller Captured Capital will prevent dilution of the current shareholders' value while protecting those shareholders from naked short-selling. In a provocative statement, Ammerman continued saying that "anyone planning to flout LFWK stock in a "shorting position" would do so while bearing the full brunt of every available avenue aimed at rendering them mute. "The small exchanges are plagued by this ludicrous and even perilous frenzy of negative influence." The CEO hopes that "Short Seller Captured Capital will prevent dilution of the current shareholders' value while protecting those shareholders from naked short-selling." It is so far working today, as LoftWerks shares are up $.012 to .03 on heavy volume.

[janniebgood]

Fish - From Petar's statement on the blog, I am under the impression that Al-Muslmani has been buying but is not finished, and that he is indeed the party who requested the 50MM cert. I also wonder if insiders have been selling onto the open market for this purpose but am curious if there isn't some requirement for an SEC reporting (Form 144?) re their intent to sell. If this is the case, have any insiders filed such forms or is there some reason they wouldn't have to?

If things go the way Petar seems to be taking this company, will he (Consultech/Kore) really want to relinquish control to another entity? It's going to be very interesting to watch the power shift here.

Jannie