SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : SLJB - Sulja Brothers Building Supply, Inc. (Bulls Board)
SLJB 0.000010000.0%Jan 16 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: loanlady86 who wrote (680)9/21/2006 8:16:58 PM
From: jmhollen  Read Replies (2) of 1521
 
It's a tempest in a teapot. I believe that in the process of moving a controlling block of shares in SLJB from one pocket to another as part of the merger in exchange for assets, a clerical error (..typo..) was made regarding the shares involved. I believe that my have resulted in more total shares showing than are actually authorized - something was temproarily out of balance anyway....

When the error was brought to management's attention, they promptly fixed the 'typo' and had the Transfer Agent resend the corrected forms to the State of Nevada. The State or Nevada has not had time to receive those corrected forms via registered 'snail mail' or subsequently correct their computer records. That will happen soon. KPMG or Price Waterhouse would have eventually caught the glitch during their reviews = same result.

The interim situation is that the Blubbering Pro BashHoles (..who represent the Hedgies, ManipuPricques, Shorters and DTCC-finagled MFMMM Naked Shorts against the company..) can run around the WWW screaching and bleating that what was cleary "..a mistake.." was actually an executive effort to defraud everybody and dilute the stock value - or whatever..!!! Their nefarious purpose being to reduce the stock price by sputtering FUD, and hoping that people would sell driving down the PPS so that the scum facing massive FED CALLS could try to cover cheaper.

You need to go back and read the "..Captured Capital.." Press Release. The manipulators of LFWK-SLJB are up to their milk-valves in doodoo and facing MegaMassive losses as the stock continues to go up That will force NSS 'Failures to Deliver' to have to be settled.

The company was even big enough to issue an apology for the glitch; unheard of in most management circles....

John :-)

.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext