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binzur

01/08/07 10:47 AM

#237978 RE: poundwise #237922

I understand your point. Sulja Canada was suppose to have been merged with the empty loftwerks shell. That to me means moved into, combined with, joined together. There is nothing on file with the SOS Nevada showing any filing of any kind merging Sulja Canada into (with) that company. You can clearly see that the reduced shares Airys announced have clearly been done in SOS Nevada. This discussion could really branch out. That is why I also showed the D & B of the Canadian operation and the fact that it is still operating as normal with no changes and no public records or filings of any kind. Not one person has provided an answer to the question with regards to SOS Nevada which by the way is what all of the longs own! GLTY!
Binzur

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16novem

01/08/07 11:13 AM

#238012 RE: poundwise #237922

poundwise, govenment agencies attempt to be exact in their court filings, so by "interest" it should be concluded that Sulja Nevada owns less than 100% of Sulja Ontario.

The court papers would have specifically stated "fully owned" had this been the case.

Since 51% is required to "consolidate" the financial statements, then more than likely the ownership is 51% or above.



Not sure...but Sulja Nevada could have 100% or majority interest in Sulja Canada.