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Hopefully they'll go after Steve Sulja next.
More lies and phony press releases by Steve Sulja
WINDSOR, ON--(MARKET WIRE)--Aug 17, 2006 -- Sulja Brothers Building Supplies, Ltd. (Other OTC:SLJB.PK - News) announced today that it is acquiring a lumber mill with operations in both the Province of British Columbia and the State of Washington.
CEO Steve Sulja stated: "We have decided to remove the middle man in our supply chain. The acquisition of the lumber mill will decrease our finished lumber product costs by over 30%. The decrease in finished product price will make us more competitive in the North American bid process and will increase our market share of projects. More details will be released after the closing papers are completed. Sulja Bros. will strengthen and utilize the full potential of the lumber mill supply chain to create sustainable shareholder value."
Why did Steve blow out of Canada to United States?
http://www.manta.com/c/mmy8b9p/international-trading-cct-llc
Bottom line -- Steve Sulja is probably as guilty as Petar who was probably set up to be the patsy.
Sulja Bros. Building Supplies, Ltd. Receives Investment Capital and Releases Financial Information
Wessal International is pleased to announce that Sulja Bros. Building Supplies, Ltd.'s (PINKSHEETS: SLJB) financials are currently available on www.suljabros.com.
CEO Steve Sulja states: "Sulja Bros. is pleased to release financial statements to the investing community. The posted financials are a compilation of Sulja Bros. and all of its North American and Middle Eastern wholly owned subsidiaries. We had a great year and our Middle East projects are supplying tremendous growth. We look forward to another outstanding year with increased net profits and growth."
Wessal International has arranged for private financing of USD 25 million, of investment capital, for Sulja Bros. Building Supplies, Ltd.
A Wessal International spokesperson commented, "We have acquired private financing to secure the vast supplies and materials needed in the rapidly growing operations in the Middle Eastern market. This will necessitate and alleviate the capital required for such an extensive demand for building materials. The capital attained will ensure that Sulja Bros. will not use company shares to raise capital in the near or distant future, and will continue to not only maintain the upward climb towards a high price per share, but to also steadily rise towards a higher market exchange."
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual result may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Sulja Bros. Building Supplies, Ltd. -- Reiterates That Marquee Asset Management Is the Investor Relations Firm.
Article from: Internet Wire | August 31, 2006 | COPYRIGHT 2004 News provided by Comtex. (Hide copyright information) Copyright
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WINDSOR, ON, Aug 31, 2006 (MARKET WIRE via COMTEX) -- A Sulja Bros. Building Supplies, Ltd. (PINKSHEETS: SLJB) spokesperson reiterated today that Marquee Asset Management is the Investor Relations Firm and phone calls should be directed to them.
CEO Steve Sulja stated: "We have been receiving over 50 calls a day from investors at our shops and Headquarters. Currently we are in the process of working on a lot of contracts some being still open, some are in the closing stage, some are being finalized. For those who try and circumvent the system, I clearly state that constant calls to our offices will yield no 'inside' information. Please use the investor relations …
from CEO Steve Sulja:
"...There has never been, and will not be, any shareholder dilution..."
Sulja Bros. Building Supplies Informs Shareholders That a Recent Fax Blast Is Not From the Company
Friday August 4, 12:41 pm ET
WINDSOR, ON--(MARKET WIRE)--Aug 4, 2006 -- Sulja Bros. Building Supplies, Ltd. (Other OTC:SLJB.PK - News) has been made aware and is in receipt of a fax blast that was sent out from 2006 Market Sine. Sulja Brothers is not connected to and did not pay for a fax blast from Market Sine.
CEO Steve Sulja states: "Sulja Brothers is outraged by this recent spam concerning the company. We have already paid for a search with Intelius that will reveal the name of the fax spammer. The assisted search will take 24 to 48 hours to reveal the fax publishers identity. Intelius has already confirmed that the identity will be known from public utility records. Our lawyers will continue the investigation, when the phone number search is finished. We apologize to our investors for the inconvenience and we will pursue the publisher to final justice. There has never been, and will not be, any shareholder dilution."
Sulja also states, "We strongly believe that we have reached many shareholders through legal means and we are happy with the progress we are making, we have absolutely no interest what so ever to pursue spam and any other sort of mass mailing advertisement to attract the attention of a few measly dollars, we hold our shareholders with utmost respect and will continue to retain their trust. We state again, Sulja Bros. Building Supplies, Ltd. had nothing to do with the fax blast. Necessary investigatory actions have begun and our legal team will proceed to undertake legal remedies against those individuals responsible."
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual result may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Contact:
Source: Sulja Bros. Building Supplies, Ltd.
Sulja Bros. Building Supplies Ltd. (PINKSHEETS: SLJB) outgoing CEO welcomes the appointment of new CEO.
Former CEO Steve Sulja, in context to new developments with SLJB, stated today, "I would like to take this opportunity to congratulate Petar Vucicevich as the new CEO of Sulja Bros. Building Supplies Ltd. My decision to resign was made after long deliberations with all members of the Sulja board. I feel that Mr. Vucicevich will better serve the direction of this corporation in its international growth. His experience in dealing with companies internationally will surely benefit Sulja Bros. Mr. Vucicevich asked me to stay behind as a consultant during this time and I will gladly accept this position. Mr. Vucicevich has the support of the entire Sulja organization here and abroad, and I ask all shareholders, members of the board and management and clients to show Mr. Vucicevich the same support you had extended to me in the past. I expect great things for Sulja and plan to work closely with Mr. Vucicevich. I believe all shareholders will be pleased with Mr. Vucicevich's professionalism and no nonsense approach. I thank you all again for all your support and wish everyone the best."
A spokesperson on behalf of Sulja Bros. stated, "We support Steve's decision to resign in favour of Mr. Vucicevich and look forward to working closely with him in his new capacity."
41) 11-21 Along with Petar Vucicevich, Kore International Management Inc. will no longer have a roll in the management process of SLJB.
42) 12-11 An SLJB spokesperson today stated; "We are pleased to announce the successful completion of a cement deal in the Middle Eastern region. We have successfully brokered a deal totaling 25,200,000 tonnes over the span of three years. The buyers have agreed to take delivery of 8,400,000 tonnes per year commencing immediately once the buyer completes their banking documents. These documents should be finalized later this week."
Looks like Petar was long gone while under Steve management the company was pumping out phony press releases.
22) 08-08 The pro forma numbers will continue to increase as more projects close in the future. The future numbers are astounding and the shareholders deserve to know the project contracts have come to fruition."
23) 08-09 The pro forma estimated revenue is $307,007,451.50 and estimated net profits are $93,951,965.18. The pro forma for the current fiscal year is available for our shareholders to view
24) 08-23 CEO Steve Sulja stated: "The State of Nevada has received the assets. The balance sheet has been sent to our auditor and we expect to have the audited financials completed in mid-September
25) 08-23 KPMG and Price Waterhouse Coopers will complete the audit and the assets are contained in the upcoming audited financials.
26) 08-25 CEO Steve Sulja stated: "We have contracts closed, closed with conditional status, and some in the final stages of negotiations. We will release the details of our contracts in the near future. We will include final revenue with estimated net profits for each contract.
I hope he spent my dough on hookers & blow.
He was pretty good at taking over $10 million dollars off all y'all and making it disappear.
I look forward to the finger pointing and and the eventual admissions that will also (hopefully) lead to Steve Sulja's arrest and trial.
Hockmir,
I couldn't agree with you more. Steve (IMHO) is just as guilty as Petar. The tar brush covers all that were involved with this company. Steve's family name is on the company. He should know better. He was also running the company when many of those press releases came out. Why so may want to burn Petar and forgive Steve is beyond me -- maybe their own personal agenda?
I would not be surprised if Steve is charged at a later date, despite Ms. Jannie's willingness to forgive and forget. He was the CEO, and his name was on many of those phony press releases. Plus he knew all of the players in the alleged scam, even placing Petar in the CEO slot. Guilty in my book.
Let's hope so. Maybe they can make this a viable company again. Just keep that POS Vinnie away from the controls. I guess we'll know more when they emerge from bankrupsy.
New ovnership structure https://fjallfoss.fcc.gov/prod/cdbs/form...
Oh, nice aggressive acquisition plan to boot.
These clowns killed the company. So much of Bill Raley increasing the value for the shareholders -- his statement just prior to diluting the crap out of the stock.
"He just wants it to go away"? Does he now? I think Steve-O's going to find that it's not going to go away that easy. And I think he might find that he shouldn't have been having personal conversations with shareholders and using them to relay vital information regarding a corporation that he sat at the head of while it was still an active company. Stupidity isn't an excuse, Steve-O!!!
Have you been chatting with Steve-O again? Is that what he told you ?
These baby steps have been going on for what -- over two years now? I'd suggest that the OSC step up the pace because it's getting to the point of s*** or get off the pot for them.
That's pretty presumptive on your part. And how do you know that ALL the shareholders of the stock knew about the article 15 minutes after it came out? You spoke with each and every one of them? I didn't know about the article for at least 10 days after it came out -- so much for that theory. And yes, a CEO of a company goes through PROPER PROCEDURE and puts out a press release, not mumbling to a bumbling scribbler from a small town newspaper.
I agree. A comment to a scribbler does not constitute a proper statement regarding the company.
Uhm, looks like cherry picking the information to me.
Provided they are able to make these sales -- are they able to emerge from bk then -- or do they get absorbed by another entity? If so, what price? Is .50 realistic, higher? Your thoughts would be appreciated. TIA...
Hey Bill,
What happened to increasing the priority of increasing value for the shareholders (I think that PR came out when the stock was sitting at about .02), and the aggressive acquisitions.
All we've seen is dilution and a failure to do and file your paperwork. You're starting to look like a typical pink sheet lying CEO.
Please prove me wrong...
I guess my question would be -- what is the CEO of a company under investigation doing having private conversations with certain shareholders on what he's doing that possibly concerns the stock?
pretty good certainty don'y cut it, dude
I believe that it's been stated here in that past that she believes that Steve Sulja was "duped" and has since forgiven him.
It's Steve Sulja who was the one who made PV the CEO for all of what -- 2.5 months, and then took over the reigns after the earning were not posted. What was Steve doing the time before and after PV 2.5 month run? Wasn't he the CEO behind the Alberta move that never happened? To suggest that he was unaware and "duped" is compeletely indefensiveable and laughable. What kind of due diligence did he undertake on PV. Where's that lumber yard that he crowed about buying??? The list goes on and on...and all roads lead to and from Steve Sulja.
Do you think it would be beyond Steve Sulja to payoff people who bashed him and change them into agents of good will. Pretty cheap PR move if he would do something like that. Your thoughts?
I'd like to see some evidence of that allegation. I bet the OSC and SEC would too.
Yes, it's quite possible that it could have included shorted shares. I enjoy reading your logical and truthful responses. Keep up the good work!
I think we all need to be patient and let them complete the due diligence and then we will know what they plan to BUY or not BUY...
I agree...
That is a very interesting and real possibility.
You could well be right. And if Steve Sulja is involved I hope that he implicates him, and they both do time together.
Bravo for you, Big Frank. Others should follow your example. And I am sorry for your and all of our losses.