Thoughts, Comments and Research on Publicly Traded Companies and Internet Stock Message Boards

Friday, April 06, 2007

[SLJB]: Promoter "scorpio70" makes false and misleading statements regarding his ownership of SLJB stock

Promoter "scorpio70" has been pumping and hyping Sulja Bros. Building Supplies, Ltd. (SLJB) by periodically making bullish statements that he has purchased millions of shares of SLJB common stock, increasing his ownership from 2.8 million to 7.8 million to 9 .8 million to 11 million to 15 million then to 20 million - and urging all investors to do the same.

It now appears that the scorpio70 pump and hype statements about his purchase of SLJB shares have been false and misleading.

The link below shows how he got caught posting an ownership of 11 million SLJB common shares when he had already been posting an ownership of 20 milion shares, yet he claims that he has not sold any shares. When the 11 million figure was brought up by the_worm06, scorpio70 falsely stated that the_worm06 had lied, then edited the figure from 11 million back up to 20 million hours later.



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