[SLJB]: the_worm06 prediction on common shares outstanding for Sulja Bros. Building Supplies, Ltd
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The latest publicly available amount of common shares outstanding for SLJB is 500 million.
the_worm06 Research Department predicts that Sulja Bros. Building Supplies Ltd. (SLJB) has now increased its common shares outstanding from 500 million to 800 million, the maximum allowed before increasing its authorized common shares further.
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The latest publicly available amount of common shares outstanding for SLJB is 500 million.
the_worm06 Research Department predicts that Sulja Bros. Building Supplies Ltd. (SLJB) has now increased its common shares outstanding from 500 million to 800 million, the maximum allowed before increasing its authorized common shares further.
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posted by the_worm06 | 11/24/2006 06:50:00 PM
2 Comments:
The_worm06 uses old SLJB information for predictions to appear he knows something is going to happen, that already happened.
In an obvious scam on an anonymous internet meaningless blog, the_worm06 has been using old information and "predicting" it to come true, when in fact it already has. This blogger has launched a manipulative blog bashing of the SLJB stock for several months, in what investors deem to be an effort to manipulate stock prices. Most recently he predicted that SLJB would increase their authorized share count from 500 million to 800 million several months after it already happened. Here is his so-called "prediction" posted Nov 24, 2006:
http://theworm06.blogspot.com/2006/11/sljb-theworm06-prediction-on-common.html
and anyone checking the official records at the nevada secretary of state website will easily see that this increase happened a long time ago, and investors already knew about it happening as part of the now complete merger (Loftwerks and Sulja Bros) and future growth plans for the expanding building supply company named Sulja Bros Building Supplies.
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/corpActions.aspx?lx8nvq=3jTAXTqYdC80kvn1T3%252fB8Q%253d%253d&CorpName=SULJA+BROS.+BUILDING+SUPPLIES%2c+LTD.
In fact, SLJB had two DECREASES in authorized share count for a total of a 25% DECREASE in share count since the main increase which was authorized purposefully to structure the merger with LFWK.
SLJB has always clearly announced that there will be NO FURTHER SHARE INCREASES coming. In fact, when a mistake was made by the recording of share count at the SOS Nevada records, SLJB corrected it (to be lower) promptly, and again reiterated that there will be NO INCREASES and NO DILUTION for shareholders to be concerned about.
This worm blogger is being scrutinized for putting a negative slant on SLJB as a scam company for many weeks and months. He has claimed such atrosities and totally baseless rumors, such as the temporary CEO being involved in posting on research network websites under a ficticious name. There is absolutely NO proof involved with any of this worm bloggers claims, and in fact many known facts indicate this blogger is outright wrong in his claims.
Investors are advised to ignore this discredited blog site known as the_worm06 and to report any further such misleading blogs to the authorities. Only known website research platforms should be used for investor research, and this one should be discarded as innacurate and misleading.
Authorities have already recieved numerous complaints about this worm blogger and are currently considering taking action to put an end to it.
Thank you for your post.
However you are completely mistaken and are posting false statements.
1. You state that I am predicting that the authorized shares have increased to 800 million. I not clearly not predicting this, since it already has been increased for months and has been available in the Nevada corporate state records as such. If you review my prediction above you can see that I am predicting that the outstanding common shares have been increased from 500 million to 800 million. Again this is a prediction on the outstanding common shares and not the authorized shares. Your statements on this matter are completely false. This is from the prediction shown above:
the_worm06 Research Department predicts that Sulja Bros. Building Supplies Ltd. (SLJB) has now increased its common shares outstanding from 500 million to 800 million
2. You are also midleading the readers in attempting to say that it is bullish that SLJB decreased its authorized shares by 25%. The fact of the matter is that SLJB in a completely unprofessional behavior "mistakenly" increased its authorized common shares from 500 million to 1 billion, then reduced the authorized down to 800 million because of an "error". To make matters worse in the type of "professional" management that is involved in SLJB, the company again mistakenly increased its authorized shares to 850 million only to reduce the amount again down to 800 million, declaring in a press release that a "clerical" error had occurred. Here is the press release by the the company on this matter:
Sulja Bros. Building Supplies Ltd. CEO Resolves Question of Share Accountability
http://www.marketwire.com/mw/release_html_b1?release_id=165584
So, to review, you have made several completely false statements that are not even close to the truth and are laughable. What other statements in your comments are also false?
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