Replies to post #206137 on Sulja Bros. Building Supplies, Ltd (SLJB)

[smartinvestor]

I would like to know your personnal opinion
not the SLJB explanation...

Why Wessal has sold out their shares(assuming they exist and they had some shares)

Why PETAR doesn't own any shares at all?

Why they've bought SAM for just 500 000$ or about 1/12 sales?

[boogaloo]

There would seem to be two logical explanations for why they paid $500K for SAM:

1) Because the $6MM revenue number in the PR is a "hopeful/future" estimate, and PV forgot to word it as such.

Or..

2) SAM has decent revenue ($6MM or whatever) but are in poor financial shape: lots and lots of debt, operating at a loss, or whatever.