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what ever happend to wessal?? they have not issued any prs wonder how the mid east investors are taking this!! wessal did pr the design depot pr didnt they? where are they now?
stock took a turn as soon as news about the colchester development hit the newswires!! was someone left out in this process to acquire the land?? what funds were used to acquire the property? were these assets a aprt of sljb??? anyone???
is this the cheapeast way for WESSAL to acquire 25% of sljb?
nite signalling 1 penny BID
nites found their comfort level .0016 now buying on the bid
who's taking the calls for the mideast investors?
is wessal buying? imagine what % they can buy at these prices, compared to last week
NITE keeps lowering the ASK now .0018
nite forcing this lower .019 ASK
MAJOR PAIN .018 bid .02 ask
they had no problem issuing prs on the way up, where are the audited numbers they promised?
sure sounds like wessal is involved in that pr "our" and quoting the president with no follow up from sulja ceo!! your thoughts?
mr bank so they never held free trading shares before accepting the role? were they not shareholders in sljb?
how was marquee paid? what happend to chip?? why were they appointed the it for sljb?
sljb...as a shareholder in sljb and peter as a ceo why wouldnt this purchase be a asset to sljb the stock? was this property a piece of the assets in the audited financials? would you want a potential multi million side deal kept out of the assets of this company? dont you think that this opportunity may have become available because of peters association with sljb as of late? is this is not the case i apologize, but id prefer to see this a asset to sulja the company not peter the ceo!! jmho
yes..but they are using using the public vehicle of SLJB to put out these news releases to benefit someone financially? was it not their intention to role these assets in sljb?
if peter is the ceo of sljb why is he buying property in colchester in the name of himself and his wife and not the company??
is it tru the DD mastermind of SLJB on this board got the IR job?
imo..the worst case scenario here is that the middle eastern partners back out of this deal with SLJB if it really exists and without any AUDITED INFO we will never know if this was the case...why is mr kahn on the board and who is he representing, and if he resigns i believe that will signal the pull out by middle eastern investors..any thoughts on this???
why havent we heard from wessal? whats their role and why is this person from wessal Wessel International President Ahmed Khalil Al Muslmani.
being interviewed in regards to the activity of SULJA??
Sulja builds design depot
BY OUR BUSINESS BUREAU
WINDSOR-BASED Sulja Bros. Building Supplies Ltd. announced on Saturday that the company is building a design depot for higher end products and fixtures to supply the builders and developers in Dubai.
"With input from Middle Eastern contractors and developers, we are building a central location to supply the projects in Dubai.
"The design depot is located in the city of Dubai," said Wessel International President Ahmed Khalil Al Muslmani.
"The design depot will increase our market share of products shipped to the Middle East.
"The Dubai location is perfect to maximize the revenues and net profit on our projects", said the US based firm's president in an interview.
The same type of model will be implemented in three North American cities, to
be named at a later date.
has anyone confirmed why steve resigned? than mr kahn became ceo to resign after one day? how many prs were issued by steve with his comments about the financial well being of this company and its ability to list on a higher exchange? do these still have any importance now? ALSO, re: marquee ir were they dumping shares into the press releases that were put out? how were they compensated and why were they hired?? what role did they play here?
is it possible the investigation by the RCMP a few weeks ago has kept the company from issuing any press releases or the audited numbers or atleast until the complete their investgation?
does anyone know what the ASSETS are in SLJB the stock?? is this stock trading as a shell? without the audits we have no clue what we the shareholders own as shareholders in this company...the article said the colchester property was owned by peter and his wife..there has been no indication the land exists or has been paid for by sljb(how was this funded) who issued the wessal pr talking about the design depot in the middle east(does this exist) what about wessal buying 25% of sljb did this occur what about the cement contract and much much more......what are the HARD ASSETS we as shareholders have any proven knowledge that this is truly a ASSET of SLJB?? what about the statements by steve sulja about listing on a higher exhange and the dual listing?? what abouot the numbers they gave saying we will easily qualify to list?? ANY COMMENTS?
question how is the red sea group handling the middle eastern investors concerns? also any word from wessal? does anyone have any info on this??
how much has wessal lost here?? did they acquire the 25% stake?
Wessal to buy 25% stake in Sulja Bros
Dubai: Wessal international group has announced that it intends to purchase 25 per cent of Sulja Brothers in the open market. Sulja Bros Building Supplies Inc is a publicly listed company on the stock exchange in the US and specialises in the sale of building supplies. Wessal International Group's President Ahmad Khalil Al Muslamani stated that the purchase will enable Wessal International Group to lead the way in the construction and real state industry in the Gulf.
why doesnt the reporter investigate how it went from 40 cents to below a penny?? the focus is how the stock went from zero to 12 cents!!
was this pr issued by wessal?? August 25, 2006 - 1:49 PM EST
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SLJB 0.03 -0.007
Today 5d 1m 3m 1y 5y 10y
Sulja Bros. Building Supplies Builds a Design Depot in Dubai
Sulja Bros. Building Supplies, Ltd. (PINKSHEETS: SLJB) announced today that the company is building a Design Depot for higher end products and fixtures to supply the builders and developers in Dubai.
Wessel International's President, Ahmed Khalil Al-Muslmani, stated, "With input from Middle Eastern contractors and developers, we are building a central location to supply the projects in Dubai. The Design Depot is located in the city of Dubai. The Design Depot will contain the high-end materials needed to complete our resort project and the Dubai projects. The store will also be available to competing contractors. Our depot will contain the internal building materials such as marble and granite for countertops and floors. High end lighting and kitchen fixtures will be used for project interiors. The finest flooring materials will be shipped through our supply chain to the Design Depot.
"The Design Depot will increase our market share of products shipped to the Middle East. The Dubai location is perfect to maximize the revenues and net profit on our projects."
The same model will be implemented in three North American cities, to be named at a later date.
can anyone explain or justify the manipulation opening the stock at 1 cent the other morning after closing at 9 cents the day before???
cesar you still holding?
1st release the numbers they promised and let the marke decide, withholding news they promised in a pr time over time and delaying them lays the blame solely on the company, there is still no verification of any of the news they released ovr the past 6 months
ema when was the article released?
and why does it mention taylor investments? who are they??
can anyone confirm they ever saw this news per reuters?
This was the buy out news that was pulled.
Posted: Thu Nov 16, 2006 9:32 am Post subject: Possible BUYOUT by Emaar ? Reuters:Citigroup finances Emaar
--------------------------------------------------------------------------------
http://today.reuters.com/news/articleinvesting.aspx?type=bondsNews&storyID=2006-11-16T123727Z_01....
Taylor Investments:
SLJB audit delay linked to a possible buyout? According to Reuter’s news source Emaar obtains CitiGroup $1 BILLION dollar financing for property and building expansion abroad.
Emaar already bought John Laing homes in California and needs building supplies to furnish its growth, and of particular interest is its US growth through newly acquired John Laing Home Builders a large California based builder. As a back door entry play, investors are buying up shares of Sulja Bros Building Supplies which has been a supplier for Emaar Properties construction projects and other projects in the middle east. The versatility of SLJB is its ability to supply both the US and Middle East with building supplies due to its strategic locations and in-place supply arrangemenets with countries around the world.
Investors in Sulja Bros Building Supplies (SLJB)PK are contemplating two things: A possible buyout at a premium by Emaar and a delay in stamped audited results from internationally known KPMG and Price Waterhouse auditors.
Sulja already posted and announced its in-house auditor’s results for year end 2006 which was in May 2006 as being net earnings (pre-tax) of over $26 million dollars or .052 cents per share. The stock is currently trading at only a multiple of around 2x those earnings until the KPMG stamp is announced and more is known about the buyout possibility by Emaar.
Reuters news source report dated today 11/16/06:
UAE news source report 11/16/06:
has wessal commented on the recent events??
Posted by: allinone
In reply to: None Date:11/16/2006 12:39:40 AM
Post #of 171629
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!
My Crystal Balls are my own, do your own DD before you invest!
brent can you imagine how many passengers angela got to invest into sljb??
cesar..your thoughts of todays action
can anyone explain the 1 penny open today at 9:30???
1mill...it just seemed as though the news was put out to run the stock up..sell off put out more news run it up sell it..put out more news to sop the selloff...run it up sell it off run it up...its a obvious pattern....DID WESSAL EVER BUY ANY SHARES?? DO THEY EXIST??? WHAT ABOUT THE LISTING IN THE MIDDLE EAST??
did alli and nicku sell?? they've been quiet all day!!
forgot..where is consultech..where iskore...where is the midwest division?