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Friday, 10/06/2006 1:46:19 PM

Friday, October 06, 2006 1:46:19 PM

Post# of 311068
Sulja Bros. Building Supplies Ltd.

According to the financial statements that have been released to the public, Sulja Bros. Building Supplies Ltd. (SLJB.PK) expects to increase it revenues by an astonishing $241,519,772 (368.8%) over the next 12 months (August 1, 2006 - July 31, 2007). This is based on expected results of current negotiations, already signed contracts, and growth projections for much of their new business in the middle east.

2006 numbers were impressive as well, as the company had a net profit of $26,023,991. Using a revised estimate of 500,000,000 outstanding shares with an estimated net income (after 40% in taxes), Sulja Bros. would have an earnings-per-share of $0.0312.

Furthermore, 2007 pro forma numbers demonstrate the company's expectations of rapid growth and expansion. The earning-per-share projected for 2007 (August, 1 2006 - July 31, 2007) stands at $0.1127.

Financial results from June and July 2006 are still yet to be released.

Now, to estimate what the share price could be for SLJB.PK based on the 2007 pro forma financials, lets take into consideration the PE ratios on the stocks of different building supply companies.

Note: The company (Sulja Bros.) have repeatedly claimed that there will be no need to reverse split their stock in order to be eligible for an uplisting to a higher exchange such as the OTCBB, AMEX, or NASDAQ. A NASDAQ listing requires, among other things, a share price of $4 and AMEX is $2. OTCBB doesn't have a share price requirement, but it does require quarterly financial reporting.

SLJB.PK Closing Share Price (August 24, 2006): $.081

This analysis is congruent with the companies own assertion that there will be no need for a reverse split and if these numbers are anywhere near accurate, SLJB.PK appears to be worthy of a $5 share price or more!

As published in a recent press release on August 11, 2006, CEO Steve Sulja stated: "The process of moving the overseas assets was time consuming but has finally been completed. We can now have the audited financials completed shortly. The State of Nevada will receive the assets by next Friday. We are very pleased to inform our shareholders of the current transfer of assets. We are actively negotiating with KPMG International and Price Waterhouse Coopers to handle all future Security and Exchange Commission filings and reporting. Our shareholders will soon see why Sulja Bros. did not need to reverse split the stock to meet our up listing goals."

Too good to be true? No, not in our opinion! Rare opportunity....Yes, extremely rare!

Quite possibly a "Once-In-A-Lifetime Opportunity" for some.

Hint: Take a look at SPEA (now CKXE)...

And when a stock like this runs, it can run for quite some time; see MNCS!

All is my opinion, You should perform your own DD to decide what to invest in!