The OSC specifically called SLJB a "PUMP and DUMP Scheme" in the Statement of Allegations. Did you miss that part?? jmo
9. This case concerns a “pump and dump” scheme, in which Vucicevich and DeVries arranged for the sale of shares of Loftwerks and Sulja Nevada, while promoting them by making inflated claims about their prospects in press releases issued at the same time. Vucicevich and DeVries arranged for the sale of the shares through nominee accounts in the name of employees of Kore and others.
Wrong Again .... Steve Sulja was also charged for a number of violations under the Ontario Securities Act. jmo Per the OSC Amended Allegations: "Between February 6, 2006 and January 31, 2007, Sulja Nevada, Vucicevich, DeVries, and Steven Sulja made statements in the press releases of Sulja Nevada that they knew or reasonably ought to have known in a material respect and at the time and in light of all the circumstances under which they were made, were misleading or untrue or did not state a fact that was required to be stated or that was necessary to make the statement not misleading and would reasonably be expected to have a significant effect on the market price or value of Sulja Nevada securities contrary to section 126.2(1) of the Act; Between February 6, 2006 and January 31, 2007, Sulja Nevada, Vucicevich, DeVries and Steven Sulja made statements in press releases being documents required to be furnished under Ontario securities law that, in a material respect and at the time and in light of the circumstances under which they were made, were misleading or untrue or did not state a fact that was required to be stated or that was necessary to make the statement not misleading contrary to section 122(1)(b) of the Act;" http://www.osc.gov.on.ca/en/10782.htm
There aren't any charges against Mr Steve Sulja. There never were.