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Non-Tech : SLJB - Sulja Brothers Building Supply, Inc.
SLJB 0.000001000-90.0%Jun 4 9:43 AM EST

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To: shortsinthesand who wrote (1322)1/9/2007 12:03:29 PM
From: scion   of 1681
 
24. Based on further statements made by Vucicevich during the interview, it appears that Vucicevich directed the trading by telling the Nominees when to trade and how many shares to trade at a given price (pp. 27-30 of Exhibit 12). Vucicevich stated in the interview that he directs the trading to keep the price at $.012 (pp. 20, 40 and 67 of Exhibit 12). He also advised that they have raised $7.8 million by trading approximately 150 million shares in this manner (pp. 20-21 and 61 of Exhibit 12).
...

Posted by: rrufff
In reply to: Creede Bighorns who wrote msg# 6523 Date:2/6/2006 11:10:07 AM
Post #of 184781

This is what the 4th day with actual buys on good volume? Spoke to Peter Wolfe on Friday. He emphasized to me that he is not just an IR guy, more a turn around, "cleans up messes." Did not want to "bad mouth" anyone but agreed that this has been handled poorly and that I should watch and see what happens if I were so inclined. Clearly was not trying to sell me anything but he did not brush me off or refuse to answer my questions.

He said that he hopes flippers will just sell and take their profits today. Those who are in for the turn around will see all the "right things done," e.g., Form 2-11 will be filed with Nasdaq so we get a real market, etc.

Company, he says, has huge potential and Dennis has a vision that just needs some experience in public entities added to the equation. He says that his reputation is most important to him. He's been doing this for 18 years I believe. Says he takes on as clients a small percentage of companies and won't take on any that hurt his reputation. He's not a pump and dumper.

He's determined to bring this up to a real value. The figure of .10 a share was mentioned FWIW.

investorshub.com
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