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Non-Tech : SLJB - Sulja Brothers Building Supply, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Done, gone. who wrote (1355)	1/27/2007 2:15:49 PM
From: scion	Respond to of 1681

Most disturbingly, in a statement of allegations, the Ontario Securities Commission alleges that former Sulja CEO Vucicevich, from September 2004 to August 2005, set up trading accounts at two Canadian discount brokers. antandsons.com

To: Done, gone. who wrote (1355)	1/27/2007 2:25:07 PM
From: scion	Respond to of 1681

SEC Targets Recidivists in Over-the-Counter Markets (Update1) By David Scheer wealth.bloomberg.com Jan. 26 (Bloomberg) -- The U.S. Securities and Exchange Commission will boost scrutiny of over-the-counter market frauds to identify and pursue repeat offenders who facilitate misconduct, the agency's enforcement chief said. The agency will target even supporting players whose names are linked to multiple infractions in such cases, including lawyers, brokers, penny-stock promoters and shell-company sellers, Linda Thomsen, the highest-ranking U.S. securities enforcer, said in an interview yesterday. ``If you go after the other players, you have more effect,'' potentially upsetting a variety of scams, she said. ``There are international implications.'' SEC Chairman Christopher Cox last year pledged to boost efforts to thwart frauds aimed at retail investors as the increasing concentration of wealth among older Americans threatens to trigger an ``avalanche'' of cases. Those investors are often the targets of fraudulent securities sales, penny stock manipulation and so-called Ponzi schemes. The SEC review may cast a spotlight on people whose names were linked repeatedly to past lawsuits, or highlight recidivists in current ones, said Thomsen. The agency usually seeks higher penalties against those who repeat misconduct. Strategy Shift Pursuing outside lawyers in over-the-counter cases would mark a shift for the agency, which more frequently goes after companies' in-house counsel. Comverse Technology Inc.'s former legal chief, William Sorin, this month agreed to pay $3.1 million to settle SEC accusations he played a critical role in backdating stock options. He is among at least 10 general counsels who have quit or been fired during similar SEC probes. ``It's an intriguing area to look and may well prove to be fertile,'' said Jim Cox, a Duke University law professor specializing in securities fraud. Some professionals are thought to be more lenient in their dealings, serving ``as a path of least resistance, or a weak link in the network protecting investors,'' Cox said. The SEC will step up cooperation with criminal prosecutors to pursue recidivists and plans to develop computer methods to identify people with multiple violations, Thomsen added in a speech today in Coronado, California. ``We may have a case in L.A., a case in Fort Worth, a case in Chicago, that are on their surface unrelated,'' she said. ``We will try to focus on actors in common.'' Over-the-counter markets trade stocks, bonds, futures and derivates that are not listed on one of the major exchanges. A Ponzi scheme is a strategy in which people are promised returns on an investment, with the money taken from new investors used to pay off earlier investors. To contact the reporter on this story: David Scheer in Washington at dscheer@bloomberg.net . Last Updated: January 26, 2007 12:21 EST wealth.bloomberg.com

To: Done, gone. who wrote (1355)	1/31/2007 5:42:59 PM
From: scion	Read Replies (2) \| Respond to of 1681

SLJB is leaking information again via Vucicevich mouthpiece Airys418 This is a quote from another board regarding the status of an auditor for SLJB: "Update!!! It is confirmed, the Engagement Letter Is Signed!!! Speigel is right there right NOW getting the paperwork needed. He is with Steve right now. It's now OFFICIAL!" Don't know how what will come of this. Good luck and be careful if try to invest in this... This is a risky sector. investorshub.com Here's the "other board" post - Airys418 Administrator Re: Sulja Bros. Building Supplies « Reply #2213 on Today at 10:16am » -------------------------------------------------------------------------------- Update!!! It is confirmed, the Engagement Letter Is Signed!!! Speigel is right there right NOW getting the paperwork needed. It's now OFFICIAL! Airys418 Administrator Re: Sulja Bros. Building Supplies « Reply #2284 on Today at 2:42pm » -------------------------------------------------------------------------------- I have already advised some friends and family to think about buying to average down now that Speigel is doing the audit and it is confirmed. SimSalaBim will not be the only one joining the party. Way to go Sim!!! That's what I call putting your money where your mouth is! airys418.proboards54.com It makes one wonder why the company issued a press release containing this: For the foreseeable future, the Company does not intend to respond to requests for information from shareholders or other interested parties except to refer them to this press release and any subsequent releases issued by the Company. The Company will provide any updates as to the matters referred to herein through broadly disseminated press releases, but cannot predict when it will make any such updates. Investors should not rely on any statements purporting to be by or on behalf of the Company other than those contained in this release or any future press releases issued by the Company.