Replies to post #281517 on Sulja Bros. Building Supplies, Ltd (SLJB)

[EarnestDD]

Yes ... I said "I think"
Please read posts before critiquing them.

And yes ... with the fact that Harrow was closed ..obviously due to poor financial performance.
Retraction to Sam's.
Total of about 15 people at Sam's. (Obviously with only 4 people in Alberta ... a bunch of the Harrow people got laid off).
Retail store keepin BAD hours.
Inactivity at SAM's (see Woodys pics about trucks not moving for days).
Things are financially disasterous for little Sulja Bros.
imo

[janniebgood]

Indepth, it's not just a matter of numbers. It appears (to me) very evident by the lack of activity at the remaining Sulja locations (as shown in photographs by a SHAREHOLDER accompanied by his commentary on the lack of activity at the locations, as well as reports by other locals) that this is not a very busy concern. They have stopped selling their mainstay product, lumber; trusses as well. And if they are selling much else from the SAM/Sulja location, how are they getting it from that location to the client locations if the trucks aren't moving? It's a matter of simple and rational logic. It is my opinion that this company is struggling financially right now.

As for bankruptcy, if there are significant financial sanctions imposed by the regulatory commissions, that may be a necessary choice for the company. This is my opinion of a hypothetical situation that could come about in the future, depending upon the findings of the OSC, et al.