Replies to post #203267 on Sulja Bros. Building Supplies, Ltd (SLJB)

[GreatGreen]

Wow... just wow... thanks guys! If IHUB had an award (the Hubbies?), you'd win best DD hands down!

P.S. What's the deal with the pictures? Share the wealth! :)

[Fishing for bucks]

Feeling better now. Thanks and good night.

[spockster202]

Gentlemen - aloha and thanks from Maui for the summary. Digesting what you wrote, and feeling a bit better about holding a portion of the shares I used to have. Will be interesting to see what impact this info will have tomorrow morning.

Also interesting that Wessel bought and sold already...probably made a friggin killing.

GLTA and good night!

[twoggle]

Thanks Stock H.O.G.
Got a couple of questions for you.

1. Did they give a general time frame for the
AFs?

2. Did they give a timeframe on verification
of Middle East business with, for example,
independent news articles with business partners
in the Middle East, scanned copy of $29 million
land deed, or other ways to verify that business,
names, addresses, and phone numbers of Middle East
satellite offices, etc.?

Thanks again!

Twoggle

[jranalyst]

This is very helpful to know. Thanks for all your efforts.
Much of this information should have been disseminated long ago in a shareholders update letter.
Glad you found the place. Any idea why WS has them as a "target"? imo. jr.

[plasma-man]

WOW, you guys outdid yourselves. Thanks for all the info. and things still look good to me. I just hope we don't have too much longer to wait for the AFs. Sorry I can't help with the costs until the pps goes back up. Thanks again.

[peorge]

well i must say i was wrong about posting the posibility of you guys doing this just to pump the pps up. sorry for that. your interview post was very goo, not pumping or bashing just some good old DD. i hope pv is not lieing and if what you posted is all truly in the pipes then all the longs should be fine. good luk and good job to al who made the trip.

peorge

[xs pennies]

thanks for the update... one question though. Does PV actually live at the Windsor Casino or does he just happen to be there all the time? Must be nice either way.

[jbgoodtrader]

Thanks Stock Hog & Airys!

I'm glad that Petar met with you guys. IMO, it was probably better that he did instead of Steve, as a lot of people were accussing Petar of everything bad under the sun!

I'm glad that Petar cleared the air.

The only thing that surprised me was, that they don't think that they are Naked Shorted! There HAD to be some kind of illegal manipulation happening, when the price dropped like a rock from .09 to .01!

John Good

[pennyjunkie]

Thank you H.O.G. and crew. eom

[boogaloo]

Thanks a lot HOG & Airys. Great job. em

[xs pennies]

HOG/Air - any idea what the asset transfer was? Is that in or out of the equation now?

[ibreken]

Interesting stuff, but not much new. So Wessel sold their shares? Maybe a recant of that PR may also be necessary. Clearly their mid east ties are not anything like they made us believe and as for Petar, he lies.
So Hog, after seeing the operations in Windsor etc and knowing SAM's sold for half a mill and business is on the downturn, I am probably right that the total value of confirmed operations is about 2 million, or less than a penny a share. I like your proactive approach and it is much appreciated, but I think it is becoming more and more clear that this is a small time pumped up planned event from the beginning. I wonder who Wessel really is? The fact that they dumped after it was pr'd they were buying so much tells the story for me.

[UpTick88]

Thanks Hog but what stood out for me was 1) Wessal is a real company and they are registered in Saudi Arabia. However, Wessal/Red Sea Group is no longer a part of the equation. They sold their shares, but did help them to gain connections in the Middle East. This actually gives them more control, as they don’t have to answer to Wessal.


My question is, when did they sell? Was it during the time we were all waiting for Petar to POST the AF's?????

[metropick]

Stock H.O.G. - Wow! Thanks for the excellent DD. I think you and Airys deserve the "Best DD of the Year" award.

Thanks so much for taking the time to put all this together.

Regards,

Metro

[THE LURKER]

Sounds good on the surface. Two negatives pop out at me:

1. When and why did Wessal sale? Did they sell before the big downslide? Did they know more than we did? Did they really want 25% ownership and then change their minds or was this an easy way for them to raise some money?

2. How did they only pay 500,000 for Sams when Sams was said to be making six million a year? Was the six million gross sales? (it would almost have to be unless they were outright lieing). If so, what were Sams net profits?

On the positive note, even if net revenue is only one cent PPS if you can prove an ME contract which goes a long ways to demonstrating growth then you should have a PE of at least 20 so the share price could be at least .20

All IMHO

[tafsnd]

Thanks for all the info. This sounds encouraging. It sounds like they are really trying to go internationally. AT least it was not a fraud.

[frenchy]

If wessal is out, Sulja's were bought out by who ? who owns this company ? did you get any info on share structure ?

[fringe_remnant]

In Light Of Tonight's News Release

... regarding the 'incorrectness' of a certain previous PR, how does Petar's statment recorded by H.O.G, "(Petar) stated that every single PR is true.." hold up at all?

Which are we to believe.... the PR crafted by Petar tonight, or the statement made by Petar just hours eariler, in total contravention?

Is this guy nuts?

fringe

[joelotto]

Thanks Airys & Stock H.O.G....If possible can you post your paypal account # in the IBOX. Let us know what you spent and maybe update IBOX daily as to how much you recovered...I'm sure many here would be willing to help cover your costs.


Again...thanks for your work.

[ChrisJP]

"Wessal sold their shares and are no longer involved"

Translation: Their Wessal relationship never existed.

The AFs story seems pretty made up too.

Sooooo going back through all their key PRs ....... which ones were ever true ?

Stock HOG and Airys -- thanks so much for making the trip. I know you had a loooonggggg day.

Chris

[asus]

Thanks H.O.G. I sincerely appreciate your efforts. I searched in your text for the answers to these questions but didn't see them. These are the questions I would have asked Petar:

1. Where is the cement deal.

2. Why did Petar lie to us all the way up to the last minute telling us he was posting AF's?

3. Why did he pull Kore's website down and Consultech the same night?

4. Why did he disappear for a while?

5. Where is Andrew DeVries? Why did he change his phone number?

6. What part does he have in this, and did he satisfy his IRS judgment?

7. Is Loftwerks ours and why don't we receive PRs to this effect?

8. Where is the 300M shares O/S for the Consultech merger? How about lowering the A/S to 500M.

9. Where is the $10M loan forgiven?

10. Why is it that every word out of your mouth is a lie?

[Buckey]

Any accountants want to comment on this. NO idea how taxes could be different as I operate in n environment where we book the entire value of the deal rather than just teh commission.

16) When they broker deals, only the commission hits the books and is taxed. If they didn’t do this, the taxes would be massive.

[Jerry1956]

Stock H.O.G. Thank you very much, great job. Still have all my shares and plan to hold for the show. Good luck to all.

[sunnyjax]

I feel a little better about my investment, thanks HOG & Airys. I also talked with Leslie about a month ago and found her to be very down to earth and forth coming. Or at least what she could say. Glad to hear Petar appears to be different than what the WS has portrayed. Keep up the info and thanks.

Sunny

[InvestorOtter]

First post ever however, I read this board and your posts very day. I wanted to thank you for your efforts and let you know that I appreciate all the information you have provided us shareholders. I am sure I speak for a lot of us out here that read every day and do not post. I own shares, most of which I bought around .13, nothing close to what some of you own, however, I too, lost thousands of hard earned dollars when we dropped to .01. I feel much better about holding my shares now and finding out what will happen next. Thank you both!!

[Confuzzled1]

HOG:

Just curious if this:

"16) When they broker deals, only the commission hits the books and is taxed. If they didn’t do this, the taxes would be massive."


had anything to do with the innacurate financials?

Did petar mention why he didn't tell us they were innaccurate instead of acting like he was posting them that night? Did he say why they blamed the Windsor Star article instead of coming out and saying they were innaccurate.

Did he mention HOW they were innaccurate?

[Lurker from Mars]

Couple Questions:

1) Since stock was to be funded with ME deals, the stock is "NOT" funded at this time?

2) What percentage of deal that are to be brokered is SLJB's commission?

[Inu]

Your efforts are much appreciated.
If nothing else, you both succeeded in passing on 1st hand information and allowing other investors to come to their own conclusions.

This remains a risk, but I get the feeling that you both feel better about the company and those individuals, in power, at the company.

Unfortunately, I'm sure a few posters will turn on you. That's life and it falls in with the averages.
I just hope that everyone sees the value in what you both provided.

Again, thank you, both, for taking the time to go to Sulja.

I, for one, plan to keep buying shares. Nobody ever put out a guarantee, on any stock, that I'm aware of.

Peace

[J.C.N.]

Airys & Stock H.O.G,

Thanks for taking the time and effort in doing what most either cannot or would not do as investors in any company. Kudos to both of you and thanks for your efforts as they mean you would do this for any stock you own. You guys are A+ in my book.

Blessings
Brent

[netwire]

Million thanks to both Airys & Stock H.O.G.
I'm hoping that steve brings big news from London.
Any details about it?

[oblivion]

Thanks guys, that trip you took was awesome. Can't thank you both enough.
I guess I should chance my sig pict now. :)