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sand, hopefully by tomorrow I will have the pictures of the SAM Building. I will put them with the pictures I have had of Sulja Bro. both the Harrow location and the Huron Church location. Also can someone give me the address of the new office so I can get someone to take the picture there and I can get them all on one posting!
sandvet, you are absolutely right. Why has the reporter not asked all the tough questions? He sure as hell has all the press releases. Anyone can print them! He sure as hell has the unaudited financials! He stated he does in his last interview. Why has he not asked Petar about the payroll numbers or the revenue numbers etc etc etc.? This guy keeps pounding the table over his black clothes and Petar keeps trying to tell him this company is not a scam. If you are a basher you can pick this article apart which I am sure many will do with a negative posture. If you are a shareholder you could read alot of great information in this article! Okay enough stress for this morning, wife is calling me off the computer!
mksdaddy, your absolutely right, Petar's credibility in even in my mind very, very suspect right now! This is what I am hanging my faith on right now and I am sure by looking at your bashing history you will disagree with everything I am about to say and remember I own shares in this company. First, the Windsor Star has done us all a favor! They are on the heels of Petar to give us information. Is it Bias? Well if it did not have alittle flair of suspicion no one would read it. If this is a scam, he continually gives the authorities written evidence of his involvement. I just can't believe he would be that stupid to continually set himself up. I would be on the next plane, bags in hand to the UAE, not doing interviews. Second, Petar does not have this kind of money, at least I don't think, someone else does. Middle East continues to appear time and time again as the headquarters.
sandvet, I thought the same thing but think about how easy it would of been for Petar to get rid of this problem. When the stock was trading at .10 he could of issued 1 million shares, thats it, 1 million shares, sold them and paid the damn lease off if he wanted and no one would care.
Damn good question! I don't know what is going on but as I read todays article it is apparent that this company is being run out of the Middle East and by WHO is the big question. Also, here is my biggest question, where the hell is Petar getting all this money from to make these land purchases. Someone has to funding this whole story! That is the key!! Find the money source and you find true CEO! There has been no dilution of stock, as far as we know, but even if there was full dilution it is only an additional 300 million shares not billions of shares. The total O/S is only 800 million NOT BILLIONS like other penny scams. There is a much bigger story here! Petar to me just does not have this kind of money. He owns no shares, he has stated this many times publicly. I think this story is only starting to unfold and it starts in the Middle East with someone being the true CEO! Instead of going to Windsor, we should be flying to the UAE!
fdjr, thanks for the article, saved me alot of time this morning! Reading it gives me alittle bit of a smile this morning!
I just wanted to get the information to you all of what I found out was in the article because when I read the link on the electronic part of the Star it did not look very flattering but when you know what is in the article it sure changes your opinion quickly. He stated without reserve, this company is not a scam, he actually used that word, and he will release the audited financials!
Also, states the company is NOT a scam and the Audited Financials will be coming out!
Doc, there is in the electronic part of The Windsor Star but I am not a subscriber. It was read to me word for word! I will tell you this, he stated again, the audited financials will come out and the company is not a scam. I am trying to get someone else to scan the article and email it to me!
Morning, got a call this morning from one of my relatives who read me the article in the Windsor Star. It is lengthy with the Windsor Star reporter visiting Petar at his home in Colchester and also getting a tour of Sulja Bros facility in Harrow. The article summarizes a landlord lease conflict. Also states Audited Financials will be coming out, states the company is starting the building of the hotel in UAE next year, expansion into Lebanon, Petar owns no stock so he is not benefiting from any stock pricing, states he is not selling off any blocks of shares, company is legitamite, says SEC will probably be contacting him re the volume of shares on Thursday and looks forward to the contact, says he paid a few more months rent to get out of the lease, says Consultech is out of the middle east with 40 employees stationed around the world outside of the middle east, explains how he got the nickname of Black Pete, says Star portrait the company in the wrong light, stated infatically, this company is real and not a scam. That's what I can remember from the phone call this morning. I will see what else I can get now that I have a coffee in me!
Sorry, I did not see the "today"! It is what it is! I just hope he says something this weekend! I will keep my mouth shut!
Well not trying to say I am very happy about not seeing an update yet, I did notice the last one said 4 AM, not PM and looking at todays press release it did not say which one AM or PM! Just trying to keep this in perspective!
Since the news article and the response it got, Petar I would think is now tethered by the company attorneys! The wording illustrates a third party wrote it!
This press release was written by the company Attorney's!!
Thanks Doc, no one can question your integrity as a shareholder.
A true test right now, a true test!!
Well lets hope you and I can enjoy the weekend alot more than where we are right now with some great news from Petar. Well for one sure thing after yesterdays front page report, he and his company are certainly in the cross hairs! What he does not tell us, Gary Rennie, will! If I was Petar, I would have a 3 page CEO update on everything the company has previously published and its current state. You know Gary Rennie has them all printed along with the unaudited financials! This is all about to come to a head! I would just think that if you were going to try to scam people, you don't do it with a 25 year old established profitable company! WE will see in about 45 minutes if I have to put a pill under my tongue or we get to shove it up the bashers A$$!
fdjr, thank you for your well wishes along with everyone else. I have come to this conclusion. If the unaudited financials are true or even close to being true, with no growth and no dilution the proper pricing of this stock with a 15 multiple is .45 regardless who owns the damn stock! Anything additional contracts and revenues is a bonus to that price. All they have to do is to keep the business going like they did in May 2005 to May 2006 and we will be okay with our investment. I will take a 4 bagger over the next year. I just think that there is some company out there who is running the show and Petar is a token CEO. You just don't announce you are leaving in 5 or 6 months in a small company like this without being told you are. Further you don't position yourself running a scam and ruining your reputation when your dream is to put up a $20 million development right in the community you and your family lives in! I have lowered my expectations of wealth beyond my wildest dream for the moment until I see what Petar has to say! See I am getting ride of some of the stress already!
Afternoon everyone! Wanted to let those know who have been sending me PM's of where I am, I want to let you know, I just got out of the hospital for heart pains I suffered shortly after the open yesterday. Not severe but enough for them to keep me overnite and run a battery of tests. No blockages, etc. deamed stress related. NO SHIT! For those who threatened me with your PM's, get a life, I am not Sam Sulja. I did talk with some relatives and you can bet the article in the Windsor Star certainly got the hen's going in the hen house of Colchester. I know from this conversation that employees at Sulja's are very complimentary towards Petar and the future of the company! Petar does need to come clean with what is going on! That I think we can all agree on! His announcement today will be his last opportunity to turn this whole thing around! I still have all my shares. Bought 100k today to bring my average down! Now I wait! I did confirm buildings have been taken down in Colchester, those supposedly owned by Petar, as part of the preperation for his planned development in the town. Locals have said there is now way in hell Petar would be involved with a scam company and even have a chance in hell to get his plans passed by Essex Town Council! Well I wait along with the rest of you, I had no opportunity to sell even if I wanted too! Right now I will go with Petar and wait to see what he says tonite! I will check in periodically but as the Doctors have told me, I have to change my lifestyle!
Well if they do, I will buy some because right now I think based on Petar's blog responses he is simple the token pawn from WESSAL who now owns majority of Sulja!!
Well when the SEC does there investigation into the phone number ownership I am sure he will not go to voicemail then!! How stupid could he be!! He even left his IP address!!!
As I post this we are now over 100k in reads and it is only 1:25 am!!!
shakerezz just put out his phone number!! He is in one hell of alot of trouble now!!!
CERTAINLY APPEARS SO!!
AH SHIT, THIS COULD BE THE BEST BIRTHDAY I HAVE HAD IN OVER 50 YEARS!!! EDGAR!!!!!
gas, I do not deny anything you are saying, but the proof is in the audited financials!!! That is what we are all waiting for!!
Do you all know we are now reaching 100,000 reads on this board in less than an hour??? This has to be the biggest stock story at this level in years!!
Tomorrow morning, you will be first in line to kiss them!!! I will be sure to take pictures and post them here for all to see!!
UAE my friend, UAE!!! It is the beginning of the business day!! That is where the damn lawyers are!!!
I did not want to tell you all this, but, November 16 th is my birthday!! Well maybe for my family and myself, all my DD and visits will pay off for a great birthday present!
You all know we have over 46000 posts in 32 minutes
Right here sandvet! If this turns out to be a scam, you can almost be guaranteed the only thing Petar will build in Colchester is an outhouse!!
As I said this morning, Petar has the stage. The critics will be here at 9:30 am tomorrow to post their thoughts on how the play was!!
Well we have until market open tomorrow to see the financials. That is it! 9:30 am November 16, 2006! That is when Petar loses all of his credibility! I will give him the benefit of that time. After that, the gloves come off!!
Nope I am right here waiting just like all the rest!
You should be banned immediately for doing what you just posted!
Save that apologize for just alittle longer! Remember Wessal is on Dubai time!
How is everyone's crystal balls? Told ya this would be fun today!
Geez, I did not think it would be such a big thing! Yes, I confirmed the store in Tecumseh, Sulja is still in business in Harrow, Petar is buying property in Colchester South and the thing that surprised me most was there is talk of expanding the marina in Colchester which would make the area Petar is building his Vienna City Center in very, very attractive for those with boats from both the U.S. and Canada! There you go!
Well here is my thoughts to that question! If Petar was running a scam and trying to make money he had every opportunity on several occasions to take this into the .30 range if not higher. He had the unaudited financials, he had a $350 million cement deal, he had lumber mills, he had Consultech Midwest, he had UAE, he had tire recyling plants, etc etc etc. He could of made a fortune on this stock and we would of all gone along with his hype. Instead he says we are doing an audited financial and looking for listings in the future in higher exchanges. I would of thought that if he was running a scam, we would of gone up big time with all the hype put out by the company. Instead we sit here Crystal Balls in our hands and looking for legitamacy of the company! A huge step forward! That is why my confidence level is also high! JMHO