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Hey All, I bought some more at .18 today and happy I got it. To me, it's good as double your money by next week. (If not before)
When audits hit, many will wish they bought today. Could be out as early as tommorrow.
When Nite gets on the bid you know shares are gone.
Got me some more at .16 just now and happy all the way. Will probably buy more at .25 too. Gota get more funds first thou.
When I first got in this stock I traded in & out. The more DD I done the less I sold and the more I bought. Now I only Buy on dips. No more selling for a good while.
Don't have to ruff, they work for Nite & others that want cheap shares to cover their positions. They know whats going to happen when the stamp of approval is put on AF's.
Nite on the bid finally!!!!!!
'Stock Lobster' got the screen capture program. I Can't find where on I-hub to show how to upload.
Nite & HDSN may get hurt bad on this one. They seem to never be on top of the bid and have plenty to sell time & time again.
Stock Lobster, How do you post the Level II? I have the Alpha Trade same as you. Was gonna help once & a while but can't copy it.
Golfndude, I would post Level II if I knew how.
Looks like .14's coming now
Heavy Buying into close, Watch and see.
I know I have a great stock when I see people take profits and it hardly even effects the price.
Maybe the audit took priority and they both will be released together! I have confidence and haven't been disapointed yet.
Why do I have that funny feeling there's going to be something in Petar's statement that will make us run the rest of today, probably out around lunch time. Then audits tommorrow to continue.
Fish, That is worth a read from everyone. Very well said. Should be posted often as a reminder and also to newbies in the stock IMO.
Audited Financials + KMPG + PWC = Credibility = Proforma = $6.00
Hope everyone realizes the Credibility of the Audited Financial lends Credibility to the Pro-Forma numbers as well!
BBB Reliability Report
The Better Business Bureau
Serving Windsor & Southwestern Ontario
880 Ouellette Avenue, Suite 302
Windsor, ON N9A 1C7
Sulja Brothers Ltd.
Erie Road, R.R. #3
Harrow, ON. N0R 1G0
The BBB reports on members and non-members
Original Business Start Date:
File Open Date:
Principal:
TOB Classification: NOT YET CLASSIFIED.
BBB Membership: This company is not a member
The Bureau maintains a report on a firm based on inquiry or complaint activity. The BBB has not received a sufficient volume of requests for information, nor has the Bureau received complaints on this firm to warrant the maintenance of a report. The information provided, however limited, is presented to assist you in your purchasing decisions or for any other purpose you deam relevant. The BBB suggests you read and understand company promotional materials and contracts and check company references and licensing, where applicable.
Customer Experience
The Bureau has processed no customer complaints on this company in the last three years
Based on BBB files, this company has a satisfactory record with the Bureau. To have a Satisfactory Record with the Bureau, a company must be in business for at least 12 months, properly and promptly address matters referred to it by the Bureau, and be free from an unusual volume or pattern of complaints and law enforcement action involving its marketplace conduct. In addition, the Bureau must have a clear understanding of the company's business and no concerns about it's industry.
As a matter of policy, the Better Business Bureau does not endorse any product, service or company. BBB reports generally cover a three-year reporting period, and are provided solely to assist you in exercising your own best judgement. Information contained in this report is believed reliable but not guaranteed as to accuracy. Reports are subject to change at any time.
Beautiful Chart also all. Opened with Gap up at .17. filled gap and then up from there. So, no gap to fill will bring a lot of buying from chartists as well.
With 500 million shares outstanding:
--------------
15.6 million net earnigs divided by 500 million shares =
EPS of aprroximately 0.032
A PE multiplier of 30 is not unreasonable with the proforma numbers stated, so
0.032 X 30 = 0.96 is a resonable estimate for the stock after audited financials.
----------------------
around 100 million proforma earnings divided by 500 million shares =
EPS of 0.20 (forward looking)
If they can continue to grow in the Middle East a PE of 30 is not unreasonable
0.20 X 30 = 6.00
Remember, Audited Financials anytime between now and Wedn. When they hit and from PWC and KMPG there will be no holding this back by Nite or anyone else before .50 to 1.00 IMO.
Your right Skin, I think they have run the numbers and don't want to give their shares away before 5.00 because they know it's a bargain at that price long term. Easily worth 6.00.
AUDITED FINANCIALS (KPMG/PRICE WATERHOUSE COOPERS)
Company has indicated between September 18th to September 20th for Release.
During the 12 months from June 1, 2005 to May 31, 2006, Sulja Brothers Building Supplies earned $63,047,611.00. The company made $28,371,424.95 gross profit with a $26,023,991.63 in pre-tax profits. Net profits were $15,879,839.69.
What Pink has this????
They flushed a few shares early. That means the rest of the day we see mostly buying pressure. A few took profits, but didn't pull us down very much at all.
Does anyone know when the ceo statement will be out this morning??
'Stock Lobster' , Many appreciate your Level II's! Big week up! .50 by friday IMO
Is SLJB a legit Company?
It's really funny isn't it. How the bashers used to say this was a scam. So many now won't even consider going that route anymore and some bashers from the past have seen so much DD that they have converted to longs of this stock.(maybe trying to gain trust until the short squeeze).
Either way now the consideration is: How high will we go?
My opinion, Based on DD is, with known deals in the works and they come to fruition, between 6.00 to 8.00 within a year.
Short term: 1.50 to 2.00 within 6 months. But who know for sure short term because we haven't seen the asset's transfered yet.
Exactly, stockprofit, It doesn't matter to me how they wrap or unwrap our little gift to us all. It's what is there that counts!
here's a nice post
Posted by: JJSeabrook
In reply to: None
Date:9/15/2006 11:23:57 PM
Post # of 75937
Happy SLJB dreams to you ALL! IF you're not EXCITED, you're not invested, or are invested to see it tumble. Next week will be a GREAT week! The naysayers are not going to be quite as vocal. ONCE we slack off a little, or ever see a dip, they'll be back in full force. I think we run next week, but eventually we're going to have a red day. THAT'S when we'll see them come back and dominate the board again. Be ready for it! It's GOING to happen! It ALWAYS does! With ANY run, there has to be consolidation. NO stock runs forever. We have had healthy gains the last 2 days. We can tell the .09s goodbye. Won't be long before we can tell the .10s goodbye, and upward from there, but there WILL be a pullback and consolidation at some time. That is a HEALTHY thing. Our labored movement today and yesterday was GREAT! Had we busted .15 today earlier in the day, we most likely would have tested .20. I think we're actually better off that this didn't happen today. I'd rather see us move upward a little slower and steadily with some little pullbacks for consolidation. It's better for our stock play. If you just want to flip it, you want it to just go crazy, but that makes consolidation that much harder to ride out for everyone that plans on being in here for a good long while because it's GOT to come back and fill that in. To me, a PERFECT rise in the PPS this week. We've consolidated along the way and we are definitely ready for next week.
GOOD LUCK ALL! HAVE A GREAT WEEKEND!
I’ll say this again, I’ve been reviewing #’s from last years financials and comparing them to the Proforma. Actually, my goal was to shoot holes in the numbers, but I couldn’t.
As we all know it costs money to grow a business. If everyone will look closely, I think there are a lot of answers in the numbers. (at least for me).
Here’s a few percentage differences, where I compared Last yrs. %’s to next yrs. Expected %’s.
Gross Margin .56% better than last yr at 45%.
Payroll & Benefits 4.35% more.
Advertising & promotion .44% more.
Total Operating Cost 5.35% more over last yr.
Total Expenses 9.69% more over last yr.
Pretax Profit—9.14% less than last yr. but with a very nice number—$93,951,965.18.
I can live with that on this PPS stock.
Now for the better news, what everyone better look at is the middle east sales.
You will notice August and Sept. months roughly increase by 1 million give or take. This sounds legit as they are just getting rolling.
However look what happens beginning in October, 2 mill increase, nov-3 mill increase month over month and it just keeps growing larger every month.
I think this gives us some insight as to Company announcing PR’s as well, probably beginning heavy by the end of this month. IMO these are contracts already signed and not announced yet.
All in all, this shows me they are spending more to grow the business, and in the right places.
All this JMO. Oh ,one I forgot to mention that I found interesting was Travel expenses, these were last yr, $24,268.00 and this coming yr. $1,250,000.00.
What a big difference in travel expenses, Sounds like these guys plan on spending a lot of time somewhere.
It will be sooner than the shorts think also.
Notice how quiet they are being about the asset's. I think it may raise some eyebrows.
[CEO Steve Sulja stated: "We received some early coverage from Knobias. The article detailed the undervalued condition of our stock by accepted standards of price and market capitalization. The company believes the condition is temporary and due to being listed on the Pink Sheets. Our takeover of LoftWerks to protect our joint venture interests is the reason we are temporarily on the Pink Sheets. We are clearly not a start-up company, but we are careful about protecting our money invested in a joint venture. The company financial audits will be completed in a couple of weeks. Then a Form 10 will get our company to the OTCBB. Clearly, this is not our final goal. We will seek a NASDAQ listing. The company is making enough net profits to easily justify the NASDAQ move. Our long term investors know we are worth more and within a year, we will give them one of the greatest short term returns in the stock market."]
Emaar Properties
www.emaar.com
On August 02, 2006 Sulja Brothers Building Supplies, Ltd. met with Consultech Construction Management and Emaar Properties, in Germany, to finalize a major construction and supply agreement. A Red Sea spokesperson commented: "The joint venture includes the supply of lumber and other building materials for 3 new developments in Dubai and Abu Dhabi. CEO Steve Sulja stated: "This is exactly why we expanded in the Middle East and obtained a contract with the Liberian Government for lumber. Sulja Brothers' growth rate in the Middle East is astounding. The joint venture with Emaar Properties opens up possibilities for more projects in the near future and increases Sulja Bros. market share in the Middle East."
repost from some good DD of diff posters
One thing some folks here have to realize...This is not "THE" run. It is just "a" run...Look at the chart and you will see it is a 3rd step in the transition...The 1st I recall took it from .007 to 4+ cents with a base @ 2-3....The 2nd took it to 15 with a base @ 7-8 and now we are experiencing the 3rd....How High? I say around 45 cents with a base around 25. Just throwing some numbers out there for the weekend.
There will be more steps for some with bigger vision...But just like the step at 4 and 15 there will be people getting off the train. And that is o.k by me. It has not stopped the show yet. Everyone is not going to make it to the destination...
"The current outstanding shares are 500 million. There are 362 million shares held by insiders. Of the 362 million insider shares, 162 million are restricted. There are 138 million shares in the public float. The number of inside owners, of 10% of common class shares, decreased after the reverse merger. The increase of outstanding shares from 200 million to 500 million excluded holders of 20 to 50 million shares from insider status.
Authorized shares is the legal limit to the issuance of shares. There is no change to the share structure until they are issued.
Often times corporations have authorized shares many times the outstanding shares. In determining dilution, EPS, PE, and other financial analyses, one uses the number of shares outstanding, not authorized.
I feel the most important number is the one that determines the share price and that is the FLOAT, where the supply of shares works against the demand for shares.
With 500 million shares outstanding:
--------------
15.6 million net earnigs divided by 500 million shares =
EPS of aprroximately 0.032
A PE multiplier of 30 is not unreasonable with the proforma numbers stated, so
0.032 X 30 = 0.96 is a resonable estimate for the stock after audited financials.
----------------------
around 100 million proforma earnings divided by 500 million shares =
EPS of 0.20 (forward looking)
If they can continue to grow in the Middle East a PE of 30 is not unreasonable
0.20 X 30 = 6.00
Many will argue with the PE but high growth stocks with great margins and earnings typically exceed a 30 PE. When the growth calms down, the PE will fall to the 15 to 20 range on the earnings.
about bashers....
How to recognize Stock bashers on Message boards, newsgroups and in chat rooms. its too long but you've got to read it:
A year ago when I asked broker friends of mine if the internet message
boards will have any affect on a stock. They ALL laughed at me and
said those idiots having an affect on a stock !
A truth: IT IS EASIER TO SCARE PEOPLE INTO SELLING THAN IT IS TO
INFORM PEOPLE INTO BUYING A STOCK.
Well I asked those same friends this last week, and the answer from
all YES! message boards and ""shorts" (some) can manipulate with lies,
and deceit.
Now think about that, you have elderly that invest and find their way
to the message boards only to see false posts about "SEC Violations"
and "Class action suits" or you have a Yuppie with a kid to put in
college going to these message boards only to see posts by 15-20
(probably 5 or 6 under alias) "pack of shorts" posting the same false
stuff about SEC Violations or lawsuits or "there's bad news coming
out" ....what do you think they will do ?
It's easier to sell the stock and put the money into the bank for
nervous people like the elderly and the Yuppie who needs college
funds. THAT'S WHO THE PACK OF SHORTS PRAY ON AND DEPEND ON. They bet
on a stock to go down-not up! Understand? And they have just as much
money and risk as you. But they have the edge of fear, lies,
falsehoods to post and pray on the nervous. Longs don't have that.
Lesson 1: Remember, BASHERS NEVER BASH A BAD STOCK. Watch the board
for stocks with no potential. They never have any bashers. Bashers
only go after stocks that are going upwards or have excellent
potential to go up. Bashers get left behind, so they want to bring the
price down
Lesson 2: BASHERS ALWAYS BRING UP OLD NEWS THAT YOU HAVE HEARD MANY
TIMES. New startup companies always have a few bits of bad news. The
basher will post this over and over again. The stupid basher will try
to make the old news a bit fresher to try to fool you.
Lesson 3: BASHERS POST MANY TIMES A DAY. They try to wear you out.
They comment on everything, every other post, and can answer every
question. THEY KNOW IT ALL! There is no positive comment they won't
bash. They try to control the board. True longs may have to address
the bashers or they will appear to the newbies as being the people
with all the information.
Lesson 4: BASHERS WILL LIE TO YOUR FACE. Never trust a basher. The
truth on startup companies is that many mistakes are made and losses
happen. The basher will try to make you believe all startup companies
make a profit, release financials every quarter and all aspects of the
business run smoothly. THIS IS NOT TRUE. THE BASHERS LIE TO YOU.
Startup companies can go years without profits, financials and good
business, this is the nature of the beast.
Lesson 5: The bashers know YOU CAN'T VERIFY THEIR STATEMENTS. That's
why they make the statements they do.
Lesson 6: The bashers PLAY ON YOUR LACK OF KNOWLEDGE. They can lie
about information and you couldn't know the difference (unless you
have done your
assessment of the company and know the truth and facts).
Lesson 7: Bashers play on your lack of patience. YOU have held a stock
for a while. You knew it will be a big stock someday, but the BASHER
CAN GET TO YOU BECAUSE YOU ARE TIRED OF WAITING FOR YOUR GAIN . That's
when the basher is best. You are tired. You have forgotten the goal
for the stock was to hold it for one year. The basher is bothersome,
so you dump it on a bad day. Some others also dump. Then you get mad
for your loss and return to let everyone know how mad you are. Then
you turn into a basher as well. THE BASHER HAS
WON, AND GAINED A NEW PARTNER, TOO. to be able to get in at a great price.
Lesson 8: BRING THE PRICE DOWN. That is the basher's job. The truth is
not important. Lies are the norm. Post continuously on the board every
day. They are trying to hit the newbies visiting the board. They are
trying to wear out the longs on the board. They do whatever it takes
to wear the longs out.
Lesson 9: BASHERS WILL TRY TO CREATE DOUBT AND GET YOU TO RESEARCH
ITEMS THAT THEY KNOW WILL LEAD TO THE CREATION OF DOUBT IN YOU AND IN
OTHER STOCKHOLDERS. A typical trick of an advanced basher is to
propose that there is a potential "problem" because "we" don't have
the facts on a particular subject. The basher dares someone in the
group to find out the answer to the question. The basher already knows
the answer; the basher already knows what will be found. The power of
this tactic is that the basher is now in control of the actions of the
stockholders; the basher has you, the stockholder doing HIS/HER due
diligence and when you, the stockholder come back to the group with a
questionable finding then the basher gains credibility. What to do???
Solution??? Well, I think it's important to find answers but on your
own terms. I actually pick up the phone and call the company and talk
to the investor relations person or the CEO until I get a satisfactory
answer. The problem here is that the advanced basher has you doing his
bidding and his work; you have essentially joined his ranks. So,
develop your own little Due Diligence package and answer questions by
placing the information into the package and referring all new
investors to read the answers to questions raised in the Investor
Information package but DON'T GET INTO A CONVERSATION WITH THE BASHER
REGARDING THE TOPIC. THAT IS WHERE YOU LOSE. DON'T CONVERSE WITH THE
BASHER; ANSWER INDIRECTLY; DON'T USE THE BASHERS NAME; DON'T GET INTO
A PERSONALITY CONTEST.
A BASHERS HANDBOOK: know the enemy who wishes to steal your money! Do
not underestimate a bashers influence on a stock. The Pro's are good
at what they do and what they do is profit from your losses. Below is
their "hand-book" so to speak. Learn from it or donate your money to
those who make an organized plan to steal your money!
BASHERS DO THE FOLLOWING:
1. Be anonymous
2. Use 10% fact. 90% suggestion. The facts will lend credibility to
your suggestions.
3. Let others help you learn about the stock. Build rapport and a
support base before initiating your bashing routine.
4. Enter w/ humor and reply to all who reply to you.
5. Use multiple ISP's, handles and aliases.
6. Use two (2) or more aliases to simulate a discussion.
7. Do not start with an all out slam of the stock. Build to it.
8. Identify your foes (hypsters) and the boards "guru" Use them to
your advantage. Lead them do not follow their lead.
9. Only bash until the tide/momentum turns. Let doubt carry it the
rest of the way.
10. Give the appearance of being open minded.
11. Be bold in your statements. People follow strength.
12. Write headlines in caps with catchy statements.
13. Pour it on as your position gains momentum. Not your personality.
14. Don't worry about being labeled a "basher". Newbies won't know
your history.
15. When identified put up a brief fight, then back off. Return in an
hour unless your foe is a weak in reasoning powers.
16. Your goal is to limit the momentum of the run. Not to tank the
company or create a plunge in the stock; be subtle and consistent.
17. Kill the dreams of profits, not the company or the stock.
18. Use questions to create critical thinking. Statements to reinforce
facts.
19. DO NOT LIE, DO NOT NAME CALL and DO NOT USE PROFANITY.
20. Encourage people to call the company. 99% won't. They'll take your
word for claims made. If they do call you can always find something
that is inaccurate in how they report their findings.
21. Discourage people for taking the companies word for anything.
Encourage them to call the company. They won't out of laziness.
22. If the companies history/PR's are negative constantly point to
that. Compile a list of this data prior to beginning your efforts.
23. If the price rises blame it on the hype or the PR, temporary mass
reaction, the market, etc. Anything but the stock itself.
24. If other posters share your concerns, play on that and share
theirs too.
25. Always cite low volume, even when it's not.
26. Three or four aliases can dominate a board and wear down the longs.
27. Bait the hypsters into personal debates putting their
focus/efforts on you and not the stock or facts. Divert their
attention from facts. Show them the facts from a "different angle."
28. Promote other stocks that would-be investors can turn to instead
of the one your bashing.
30. Do not fall for challenges on the "values" of what you are doing,
it's a game and you are playing it with your own rules.
GRADE YOUR FAVORITE BASHER:
Advanced Basher:
Will join the message board early and actually "pump" the stock with
positives; this basher is very intelligent, has the facts of the
company, actually helps longs with Due Diligence and generally gets
the confidence of the stockholders. Then, when the stock hits their
price, the tone will change and they will start asking longs to check
into this and check into that. The seeds of doubt are being planted.
This basher will then start using all the tactics listed on this page
to create seeds of doubt. ALWAYS LOOK AT THE PROFILE OF A PERSON YOU
SUSPECT. ASK WHAT STOCKS THEY'VE "SUPPORTED" IN THE PAST AND CHECK OUT
THE MESSAGE BOARD. An honest person will have a positive track record
that can be followed. I strongly believe that a contrary view is
needed but this person is out to steal your money and does it by
deception and creates fear after gaining confidence! BEWARE, this is
the most clever basher and the hardest to spot.
Grade A Basher:
Posts lots of old news, responds to all positive posts with a negative
side. Never responds to being called a basher, never posts on another
board. Can spend up to 80 hours a week bashing a stock.
Grade B Basher:
Very good way with words, always claims to be your "friend" taking the
positive poster into confidence, never posts on another board, spends
about 60 hours a week.
Grade C Basher:
Spends less time than the others but is somewhat effective and gets a
C grade due to getting excited when bashers rules say not to get
excited, spends about 40 hours a week.
Grade D Basher:
Needs to learn the basics about being convincing when making a
negative statement. Spends a good amount of time working the stock,
maybe 20 hours a week. Grade F Basher: A complete idiot, most readers
are not convinced he knows anything about stocks in general. The type
that says a stock "sucks", but gives no rationale, shows up every so
often but no regular schedule.
WHY BASH?: MONEY (the usual reason), SPORT, ENTERTAINMENT. Some
bashers are compelled to bash because they are inherently a part of
the dark side of life so they must do it. It's a sad fact but never
the less, a fact. It's life so you must learn how to deal with it or
become a victim!
LEARN ABOUT HOW BASHERS WORK: how they are paid: (this was written by
a basher) I know the following from a "friend" who needed extra money.
I never answer a basher directly because I then become a basher's
little money machine.
IGNORE THEM FOLKS...how bashers are paid: When you REPLY to bashers
you give them an opportunity to earn 5-7 bucks. The service agreement
they enter into with their employer states their messages will be
monitored for content, profanity, lies, etc. but Money Manager's and
the like don't have the time to check all their bashers messages. Only
occasional spot checks are done. Those who manage the basher will
generally read the headlines to see if a basher is replying to other
posters by name. That tells them the basher isn't just "posting
blindly" or repeating the same message over and over since they won't
pay for those. A basher will attempt to milk three to five replies per
post at one to two dollars each. This way the basher spreads negative
influence to as many stockholders as possible. A basher will create
this discussion thread because it takes less time reading more
messages than is necessary. This ultimately allows the basher more
time to post and make money. In general, NEVER ENGAGE A BASHER. Make
them read all the posts and think up ways to enter the discussion.
NEVER ENGAGE A BASHER; if you do so then YOU BECOME THE BASHER'S AID!
Read the news ,do your own homework and make your own decisions. Get
real time quotes and follow the stock for a couple of weeks. Due
Diligence is key here. Know that there will be a time when the stock
runs up which will be followed by the Bashers and those that missed
the boat. The bashers will trash the stock by saying such things as
"it's a Pump and Dump" and "the company is lying" and deceiving. There
goal is to scare off newbies and potential new investors by "shaking"
you out of your shares. Take the time to confirm your DD ,trust your
own judgment and believe in yourself, pick your point of return or
loss and live with it. Don't listen to hype or bashers trust your own
judgment. Live by the rules you have created .
Are There Legal Ways To Offer and Sell Securities Without Registering With the SEC?
Yes! Your company's securities offering may qualify for one of several exemptions from the registration requirements. You must remember, however, that all securities transactions, even exempt transactions, are subject to the antifraud provisions of the federal securities laws. This means that you and your company will be responsible for false or misleading statements, whether oral or written. The government enforces the federal securities laws through criminal, civil and administrative proceedings. Some enforcement proceedings are brought through private law suits. Also, if all conditions of the exemptions are not met, purchasers may be able to obtain refunds of their purchase price. In addition, offerings that are exempt from provisions of the federal securities laws may still be subject to the notice and filing obligations of various state laws.
BBB Reliability Report
The Better Business Bureau
Serving Windsor & Southwestern Ontario
880 Ouellette Avenue, Suite 302
Windsor, ON N9A 1C7
Sulja Brothers Ltd.
Erie Road, R.R. #3
Harrow, ON. N0R 1G0
The BBB reports on members and non-members
Original Business Start Date:
File Open Date:
Principal:
TOB Classification: NOT YET CLASSIFIED.
BBB Membership: This company is not a member
The Bureau maintains a report on a firm based on inquiry or complaint activity. The BBB has not received a sufficient volume of requests for information, nor has the Bureau received complaints on this firm to warrant the maintenance of a report. The information provided, however limited, is presented to assist you in your purchasing decisions or for any other purpose you deam relevant. The BBB suggests you read and understand company promotional materials and contracts and check company references and licensing, where applicable.
Customer Experience
The Bureau has processed no customer complaints on this company in the last three years
Based on BBB files, this company has a satisfactory record with the Bureau. To have a Satisfactory Record with the Bureau, a company must be in business for at least 12 months, properly and promptly address matters referred to it by the Bureau, and be free from an unusual volume or pattern of complaints and law enforcement action involving its marketplace conduct. In addition, the Bureau must have a clear understanding of the company's business and no concerns about it's industry.
As a matter of policy, the Better Business Bureau does not endorse any product, service or company. BBB reports generally cover a three-year reporting period, and are provided solely to assist you in exercising your own best judgement. Information contained in this report is believed reliable but not guaranteed as to accuracy. Reports are subject to change at any time.
Look at the Pro-forma and the middle east sales.
You will notice August and Sept. months roughly increase by 1 million give or take. This sounds legit as they are just getting rolling.
However look what happens beginning in October, 2 mill increase, nov-3 mill increase month over month and it just keeps growing larger every month.
I think this gives us some insight as to Company announcing PR’s as well, probably beginning heavy by the end of this month. IMO these are contracts already signed and not announced yet.
All in all, this shows me they are spending more to grow the business, and in the right places.
All this JMO. Oh ,one I forgot to mention that I found interesting was Travel expenses, these were last yr, $24,268.00 and this coming yr. $1,250,000.00.
What a big difference in travel expenses, Sounds like these guys plan on spending a lot of time somewhere.
Wessal may show up Last 30 Minutes!