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MarionPolk

01/04/07 8:26 AM

#234948 RE: S.A.G. #234946

Please provide a reference to ANY legal registration statement or exemption in any legal jurisdiction for the issuance of any shares beyond the 500 million old Loftwerks shares that presumably were covered by the Reg. D exemption filing that expired in May of 2006.
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exceo

01/04/07 8:27 AM

#234950 RE: S.A.G. #234946

"people who don't get it"?? Look in the mirror... If you go fishing and it's still dark, whistle..."cause that is what you are doing.
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rookeeper

01/04/07 8:39 AM

#234952 RE: S.A.G. #234946

Posted by: Airys418 - Reason for the pumping?

With all I have lost I will not sell this low.
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Shizoku

01/04/07 8:42 AM

#234953 RE: S.A.G. #234946

What you seem to not understand is that Petar and Andrew have been around running the show and pulling the strings since the LFWK days....Those 300 million lfwk increase didnt go to Ammerman...

http://www.investorshub.com/boards/read_msg.asp?Message_id=9581515&txt2find=wolfe
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ibreken

01/04/07 8:57 AM

#234957 RE: S.A.G. #234946

So now it is down to a 50/50 chance? You sure changed your tune. I thought you were encouraging people to invest their money into this thing. You should probably rethink that, considering it is you and your blind optimism who says 50/50 which in reality I think is more like 1 in 50 chance.
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allspice

01/04/07 8:59 AM

#234958 RE: S.A.G. #234946

50/50? More like 0001/50 imho. I doubt the OSC made those very serious and extremely detailed allegations on a whim.
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binzur

01/04/07 9:04 AM

#234961 RE: S.A.G. #234946

Airys; On January 23 Loftwerks raised their A/S from 200M to 500 M. What did they do with those extra 300 million shares? Here is the share breakdown Steve Sulja provided in his press release dated 8-22-2006. Please provide any SEC filing authorizing the sale of Restricted shares. Please provide any proof that insiders filed any SEC papers to sell their shares. Please provide any proof registering the extra 120 million shares sold. You always ask the bashers for proof so here is you chance! Prove to all of your followers that any of the sales of these shares were legal. It is a simple request. Prove it and I will never bring it up again!


Action Type: Amendment
Document Number: 20060034702-44 # of Pages: 1
File Date: 01/23/2006 Effective Date:
Previous Stock Value: Par Value Shares: 200,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 200,000.00 New Stock Value: Par Value Shares: 500,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 500,000.00

CEO Steve Sulja stated: "The current outstanding shares are 500 million. There are 362 million shares held by insiders. Of the 362 million insider shares, 162 million are restricted. There are 138 million shares in the public float. The number of inside owners, of 10% of common class shares, decreased after the reverse merger. The increase of outstanding shares from 200 million to 500 million excluded holders of 20 to 50 million shares from insider status. Basically, three insiders with 40 million shares from the open market did not meet the 10% of class rule; therefore, they are no longer considered insiders."


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Akinyele

01/04/07 9:34 AM

#234987 RE: S.A.G. #234946

Airys,

Next week will be VERY interesting ;)

It's time to buy shares of SLJB.


AK