Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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. -- Ignore unavailable to you. Want to Upgrade?

To: Star the Wonder Pup who wrote (634)	11/21/2006 3:11:23 PM
From: scion	Respond to of 1681

Do you think Sam Sulja has made any money trading SLJB? Vucicevich, who is also director of another company called Consultech, wasn't there. The only other occupant, Sam Sulja, a self-employed stock trader, said he didn't work for Kore but had occasional business dealings with Vucicevich. RCMP probe penny stock deals Harrow lumberyard linked to claims of projects in Mideast canada.com NOTHING TO HIDE: Standing beside his Range Rover, Petar Vucicevich talks about his stock — one of the most active around. He was questioned recently by members of the RCMP but says it was a routine discussion because of the popularity of his Sulja Brothers Building Supply Ltd. stock. Gary Rennie, Windsor Star Published: Thursday, November 16, 2006 The flamboyant CEO of a Harrow lumberyard who has promoted hundred of millions of dollars worth of investments around the world -- including a $20-million commercial development in Colchester -- is facing scrutiny from the RCMP. Petar Vucicevich, of Sulja Brothers Building Supply Ltd. said he was questioned last week by the RCMP about the stock of his company, which is currently one of the most hotly traded penny stocks in North America. "I have nothing to hide," Vucicevich -- nicknamed "Black Pete" for his penchant for black clothing -- said in a telephone interview earlier this week. "They just want to make sure everything is as it's supposed to be." Vucicevich said the officers who questioned him told him it was a routine investigation because the price of the stock had shot up from zero early this year to around 12 cents a share in recent trading. Investors were looking anxiously Wednesday for audited statements that would reflect the company's many news releases that had noted deals in the works such as US$100 million or more in cement sales, lumber mill purchases and a US$650-million hotel project in the United Arab Emirates, among others. Trading in the stock has created an enormous buzz on Internet chat forums. Hundreds of thousands of messages are flying around daily as investors rejoice or curse with each upward and downward movement in the stock's price. About 21 million shares were traded Wednesday, but the price dipped to nine cents a share when the audited statements were not released. On some days as many as 30 million shares or more are traded, and the price per share has been as high as 21 cents. Many who bought for pennies a share, dream of a jump to $4 or more a share. Vucicevich drives a black Range Rover, but his several corporate roles and talk of multimillion dollar deals seem out of character with the tiny second-floor offices and no secretary or any other visible staff at the Pelissier Street headquarters of Kore International, where he is director. One room was still being renovated, some furniture was tipped over. Vucicevich, who is also director of another company called Consultech, wasn't there. The only other occupant, Sam Sulja, a self-employed stock trader, said he didn't work for Kore but had occasional business dealings with Vucicevich. In late September, Vucicevich announced that Kore International had plans for a $20-million commercial development in Colchester that would include a $1-million Kronk gym and stores, shops and bed and breakfast accommodations. He later said a cheese factory and a factory that manufactures wooden spindles would be added to the project. Vucicevich said earlier this week that the RCMP officers who questioned him -- Sgt. Darrell Nay and Cpl. Gordon Aristotle -- said they were part of a joint intelligence unit that works with the Ontario Securities Commission. Reached Wednesday in Toronto, Nay had no comment. Vucicevich said he told the officers he had no objection if they sent the results of the interview to the U.S. Securities and Exchange Commission (OSC) since Sulja Brothers is incorporated in Nevada. canada.com