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EarnestDD

03/24/07 5:55 PM

#256143 RE: nhsidelines #256142

Could be that is what the plaintiff wants to believe ... that the merger was completed.
imo
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iamadog

03/24/07 6:02 PM

#256144 RE: nhsidelines #256142

i do respect janice and jim i just dont want to see them again in my newest investments i just wish they would make people aware of the problem befor its a done deal it just makes me curious if they profiteer as they crusade we all made our own decision to invest and they are smart enough to pick the scam but we already have been duped and they have already made ther money if you can and do make a profit from a pink sheet non reporting stock take your money and run most of us could have made money here we just got blinded by greed
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janniebgood

03/24/07 6:13 PM

#256147 RE: nhsidelines #256142

“Sulja is now responsible for the debt,” Chandler said from Richmond, Va. “Sulja and Loftwerks are the same company.”

Just because somebody claiming that Loftwerks or Sulja owes him money says that "Sulja and Lotwerks are the same company" doesn't make it so. He probably relied on the succession of PRs claiming a merger had indeed taken place. I'll assure you that he will have to prove that contention in his lawsuit.
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two-card-monty

03/25/07 11:38 AM

#256232 RE: nhsidelines #256142

nhsidelines, a merger is required for the lumberyard and the empty NV shell to be the same company. This was a GOING PRIVATE BUY-OUT (Rule 13e). Loftwerks sold the LFWK public vehicle to Sulja Ltd, not the Loftwerk's business. When Loftwerk's went private they changed their name to match the empty NV shell trading Loftwerk's old shares as SLJB.
There is no cert of merger at the NV secretary of state and no proxy for shareholder approval of a merger. It was just an insider trading scheme.

Dang! Another 1.5 million Sulja's responsible for...Dang those guys at Loftwerks...Guess if you're gonna merge with someone...you inherit the good and the bad....

Oh wait...am I wrong..twas there no merger? Please...lead on...

“Sulja is now responsible for the debt,” Chandler said from Richmond, Va. “Sulja and Loftwerks are the same company.”