Replies to post #251346 on Sulja Bros. Building Supplies, Ltd (SLJB)

[janniebgood]

Jannie with a new CEO, already have a new CFO, wrong doer's are punished, SLJB is still a real company with holdings doing business as normal. How long do you think it will take to get back to Nov 16th level?

First of all, how do you know for sure the company has actually hired the new CFO? I remember Petar saying on a blog that they would be hiring one, but have never seen any public announcement confirming that he has been hired. Did that information come from the company?

That aside, I think there are so many factors which influence the stock price, I really have no clue how long it will take to get back to that level (and I assume you meant November 15 rather than November 16), or if that level can be reached again at all. I think a big factor will be the amount of any fines and/or disgorgement required of the company, if any at all, which will certainly figure into the net worth of the company and thus the share price. Market confidence is also a factor. Too many unknowns at this time to really have a solid opinion about reaching that level again.

[pssthbuk]

The question in my mind has always been: are there one...or two...companies? People here keep posting about the viable Canadian facility (read lumber yard with employees, trucks, etc.)...but that's not the "company" that issued stock. Right or wrong? There is, apparently, some misunderstanding here. I read (past and present tense)the posts, and some folk continually bash other posters for not "getting it." Well, it seems El Camino is under the impression that the lumber yard is a real producer. As in big ME deals. So, is he right?
The question is, and maybe Airys can answer this, or even Jim Bishop. What the hell is actually going on? I can read, I have a copy of Anderson's report. Is there a bifurcated company? One company? Two companies?
My understanding is that the NV company is a "shell," the one selling these allegedly fraudulent shares. It's still a mystery as to how the Sulja Bros. lumber business got involved in it, but it has. At what time, where and how did this happen?? So this little, local company runs ads in a local paper. Big deal! It's not a Home Depot. It has around 60 employees. Big deal! It's a solid, local employer (for the time being).
Where, within this little, but so-called successful business, is the meat to get the so-called deals in the ME? We knownow that was crap. So how...HOW...is this stock going to get "up to previous Nov. 16 levels?" Just how the hell will that happen? Please, someone, 'splain that to me. And by the way, I may be a first time pikie, but...blah blah...I got duped just like everyone else.