Replies to post #245968 on Sulja Bros. Building Supplies, Ltd (SLJB)

[El Camino]

SLJB Announces Internal Review of Prior Public Disclosure and Other Matters; Also Discusses Actions by Ontario Securities Commission and Inquiry by U.S. Securities and Exchange Commission
Wednesday January 10, 9:45 am ET


WINDSOR, ON--(MARKET WIRE)--Jan 10, 2007 -- Sulja Bros. Building Supplies, Ltd. (Nevada) (Other OTC:SLJB.PK - News), today announced that, in consultation with outside counsel, it is undertaking a review of various issues relating to the issuance and trading of its common stock, as well as the accuracy of its prior public disclosures. Given the early stage of this review, the Company is unable to provide any further information regarding these matters, but cautions investors not to rely upon the press releases and other public statements previously issued by or on behalf of the Company.

This is lawyer talk for be your own judge. No one can say until hearing is over. I am still holding but that is my choice. You have to make your own choices. They do not say they are true or false, my guess is a little of both. Will be interesting to see which way it goes.

[janniebgood]

What that means is that those were the only ones they had PROVEN were fraudulent by the time they filed the complaint and Statement of Allegations.

The phrase "tip of the iceberg" comes to mind.