Sulja Bros. Building Supplies, Ltd (SLJB)

[coolbill]

IMO, this is why Steve resigned:

Steve Sulja has been running Sulja Brothers for over 25 years as a private family business. As the company became public, obviously, Steve did not have experience of running a publically traded company. Therefore, being a nice guy, IMO, he was inadvertently giving out too much information in prs. Now, instead of believing what was said in those prs, the so called investors (actually flippers) started to play Sherlock Holmes and started calling the clients to verify what was in the prs. That obviously irritated the clients.

Now Steve has stepped aside and has brought Petar, who has a much broader exeperience as CEO, to head the company. Steve did the right thing to save the company and future contracts. After all he is a major shareholder and would like the pps to go higher like any other investor. IMO, Petar will be able to straighten things out and give us enough information (and hopefully without any client names) in the futures prs, to let us know that Sulja is steaming ahead with full force.

Recently, someone I know told me that the developer in Dubai informed her that her apartment in Dubai will be delayed by six months, due to shortage of building materials. So you can imagine that there is real shortage of building materials in UAE specailly cement. According to what I have learned so far, developemnt in Dubai will continue until 2015 and that's just Dubai. The other Emirates of the UAE are also trying to catch up with Dubai. So we have a long way to go, and I'm sure Sulja will be there to supply what ever is needed in Dubai and other parts of the UAE.