Sunday, August 27, 2006 11:40:14 AM
With KPMG
www.kpmg.com
and Price Waterhouse Coopers
www.pwc.com
handling the financial audits and filing their reports with the SEC for Sulja Bros. This is not Bert and Ernie with an abacus folks, these are two of the Big 4 accounting firms and anyone should be able to see that this is a serious company with big, big potential. These accounting firms rarely do business with unsolicited pink sheet companies (they work with blue chip companies) so there must be something very solid IMO for them to take on work for Sulja Bros.
also Steve Sulja has stated more than once that with the audited financials and filings we shall soon see why it was not necessary to reverse split our shares to "EASILY" beat the minimum requirement for listing on the NASDAQ. With a minimum share price of $5 for 90 consecutive days as required for an initial listing, considering the tone of the PRs, I think "EASILY" beating the requirement for listing would be well above the $5 minimum, I think Steve knows that this transfer of assets that will apear on the balance sheet will catapult the PPS to "WELL ABOVE" $5, IMO he's thinking $10 to $15. Again he has stated: "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." Steve Sulja has backed up all PRs so far and I am confident that he will continue to do so for the benefit of the shareholders and the long term growth of this exciting company.
GLTA
Michael
Our shareholders will soon see why Sulja Bros. did not need to reverse split the stock to meet our up listing goals.
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