Replies to post #281573 on Sulja Bros. Building Supplies, Ltd (SLJB)

[EarnestDD]

Yes , I forgot how honest and full of fact their prior Press Releases have been.
If you believe anything this company PR's .... you are living in lala land.
The Seek and Destroy PR on April 13 even had a lie in it despite lawyers involvement and regulators watching.
But ... go on believing at your own peril.
imo

[EarnestDD]

Actually, I laugh every time you post that PR because it just confirms what I have been saying all along.
i.e. Sulja has NOT been a profitable company for a long time.
What makes you think that they are going to be profitable in their new location.
Here are my reasons it very well may not be profitable in Calgary:
1. Their management skills must be in question.
2. New operation 2,000 miles away with no customer base to draw on.
3. Entrenched competitors.
4. Having a hard time finding sufficient employees despite that fact that they claimed to be transferring 16 to Calgary.
5. Bingbang now says only 4 people in Calgary.
6. Questionable financial stability.
7. ASC Cease Trade Order.
8. Ownership in question.
9. Limited inventory.
10. One product line so far.

Sounds like a loser to me.
imo