Sulja Bros. Building Supplies, Ltd (SLJB)

[Greta Grabo]

Petar said the audits are done, he has two of them, the one from their CPA firm and the one from PWC, he expects them to be ready from KPMG for his review on Monday. He said that because there are many countries involved, Canada, The United States, UAE, Egypt and Saudi they had to decide which accounting practice to use. Each Country has their own accounting system. Because of this they choose Eqypt because it is the most like every other country (my-paraphrase). Because of this and because they (sljb) is a United States corporation they have to meet certain guidlines and for that reason the Fedearl Government must accept/Approve them. He does expect the 2006 financials posted on Sulja Bros web site to verify, but was unable to comment any further on that. Sue.