Petar's Q&A from Blog;
• Petar says:
Hello All… I am writing here to tell you all that I now have in my possession the audited financial statement. I am reviewing the document now, and will release all the information through appropriate channels (including this site) as soon as I am done…Thank you again for your patience.
Comment by Petar
October 20th, 2006 @ 3:12 pm
• Petar says:
AF review is very boring but must be done of course.
As far as future contracts are concerned, I fell our offices in the Middle East will easily reach their targets. Our Egypt office is actually looking into the partial purchase of a cement plant. Very expensive but very profitable.
Hope you are having a good weekend also.
Comment by Petar
October 21st, 2006 @ 8:55 pm
• Petar says:
I will be announcing some completed deals very shortly.
Comment by Petar
October 21st, 2006 @ 8:58 pm
• Petar says:
I wish I had more time to spend with all of you. Unfortunately, however, I do have a job to do. I am hoping that late Monday I will be able to post what everybody is waiting for. There is nothing that would make me happier.
I should really have our people clean up this site again. Either that or I just don’t know how to work it too well.
Comment by Petar
October 21st, 2006 @ 9:02 pm
• Angela says:
Hi, Petar
Is Marquee still the IR firm representing Sulja?
Thanks
Angela
Comment by Angela
October 21st, 2006 @ 9:02 pm
• Petar says:
Hey Angela. It was nice to have finally met you.
Marquee has done a wonderful job representing our firm in the past. I believe that every firm and its board should be directly responsible to the shareholders. This is why I have made the decision to handle IR in house. Marquee did the best they could with the information they were provided, however, at this time it will be my staff and I who will be handling IR.
I would like to that thank the people of Marquee for all the hard work and taking a few on the chin for me.
Comment by Petar
October 21st, 2006 @ 9:09 pm
• Petar says:
This audit touches very little on the 2006 year. Our year end was May 31 in the past but has been changed to Dec. 31 now.
Comment by Petar
October 21st, 2006 @ 9:11 pm
• Petar says:
The company who owns the mill has reconsidered the original sale price since a resolution has been reached on softwood lumber tariffs. We are now forced to revisit the project and see if the higher cost still works.
Comment by Petar
October 21st, 2006 @ 9:15 pm
• Petar says:
I’m sorry…my answers seem so rude and short. Under meds tonight: don’t want to appear rude.
Comment by Petar
October 21st, 2006 @ 9:17 pm
• Petar says:
Nothing but room in Windsor. Everybody is welcome to visit. I am sure the tourism bureau will love it.
Comment by Petar
October 21st, 2006 @ 9:19 pm
• Petar says:
I would really rather have it somewhere warm.
Comment by Petar
October 21st, 2006 @ 9:20 pm
• spaceheater says:
So you’re saying that this audit will encompass the period up through May 31, 2006? Will it also be for three years to satisfy a requirement for listing on DIFX?
Comment by spaceheater
October 21st, 2006 @ 9:20 pm
• Petar says:
Spaceheater….that is what I am saying. One year. May 05- May 06. I have promised nothing else and that is what I am posting next week. I want that to very clear to all.
Comment by Petar
October 21st, 2006 @ 9:24 pm
• Petar says:
It was a signed deal with stipulations, one of which was the return of funds to the Canadian mill by the US government. We would retain those funds under the original agreement. Their lawyers seem to have a different interpretation of this matter.
Comment by Petar
October 21st, 2006 @ 9:27 pm
• papajohns says:
Petar,
So I guess the year 2005 is from June 2005 - may 2006?
If so, is the audit with minimal issues or are there any major restatements? Apologize if this question seems persistent.
Comment by papajohns
October 21st, 2006 @ 9:24 pm
• Petar says:
Well papa….I really don’t want to answer too many questions about the audit @ this time (and yes your dates are correct). I’m sure I will be doing enough of that shortly.
Comment by Petar
October 21st, 2006 @ 9:30 pm
• October 21st, 2006 @ 9:27 pm
• fdjr13 says:
Can you answer anything about the DIFX listing?? Will you try to get listed and when?
Comment by fdjr13
October 21st, 2006 @ 9:28 pm
• Petar says:
fdjr13: As we speak our people are looking into that matter. I have nothing to report at this time.
Comment by Petar
October 21st, 2006 @ 9:33 pm
• abbam says:
Also, are you going to supply the materials for construction of the world trade center ?
Comment by abbam
October 21st, 2006 @ 9:32 pm
• Petar says:
abbam: We were not formally invited to do so and I am not certain that any contracts at that level have been awarded. A project that large so far from our North American Locations really doesn’t make sense.
Comment by Petar
October 21st, 2006 @ 9:35 pm
• mksdaddy1 says:
I was hoping the tariff refund was coming our way but I can see why the are balking (not laughing). Maybe split it with them and move on???
Comment by mksdaddy1
October 21st, 2006 @ 9:34 pm
• Petar says:
mksdaddy: That’s the way I negotiated the deal. Obviously nobody thought the refunds would be coming so soon.
Comment by Petar
October 21st, 2006 @ 9:37 pm
• Jerry says:
Petar, is the 350 mm concrete deal, a done deal for us. Thank You.
Comment by Jerry
October 21st, 2006 @ 9:37 pm
• Petar says:
Hi Jerry: Over the past couple of months we have managed to put together new concrete deals locating suppliers in Polland and Buyers throughout the ME region. I just signed on Wednesday one deal for $98,000,000.00 and there is more to come. Awaiting banking docs. from buyer.
Comment by Petar
October 21st, 2006 @ 9:42 pm
• mksdaddy1 says:
You the man! (lumber mill deal)
But the cement deal? That wasn’t lost with the phone call issue? You got a lot of investers waiting for that answer. You got the $4 they way we figure without it. How about a bone?
Comment by mksdaddy1
October 21st, 2006 @ 9:40 pm
• Petar says:
First deal was lost daddy. Simply went to find more. That is why you guys are paying me right?
Comment by Petar
October 21st, 2006 @ 9:44 pm
• fdjr13 says:
Petar…Last one from me..How long before AF’s are filed on EDGAR???
Frank
Comment by fdjr13
October 21st, 2006 @ 9:43 pm
• Petar says:
Fdjr13: As soon as they recieve them….same time I post here. Very soon I hope since they are actually in hand. Would be nice to turn the page wouldn’t it?
Comment by Petar
October 21st, 2006 @ 9:46 pm
• mksdaddy1 says:
By the by, if we voted, I would vote to purchase the cement factory. We/you’ll need it later anyway! Go for it! I’m here for years not months!
Comment by mksdaddy1
October 21st, 2006 @ 9:44 pm
• Petar says:
I promise you daddy…A purchase this large….I would love to share some of the responsibility with all of you. (voting on it)
Comment by Petar
October 21st, 2006 @ 9:48 pm
• Petar says:
I am CEO sharing with my shareholders info. on completed deals. I see nothing “insider” about it. For all I know you are not investors or are twelve years old. (But I will ask the lawyers thanks. Don’t feel like spending time with Martha during Xmas)
Comment by Petar
October 21st, 2006 @ 9:51 pm
• cactus says:
Petar–Could you please give an approximate cost of the audit procedure that we just completed?
Comment by cactus
October 21st, 2006 @ 9:50 pm
• Petar says:
cactus: I am truly sorry but I simply could not answer that question with any certainty. I am sure it wasn’t cheap.
Comment by Petar
October 21st, 2006 @ 9:53 pm
• Petar says:
Thank you all very much again. I am not feeling well and really need to catch up on my sleep. I will be back soon and I promise I will answer some of the questions in the forum (once someone could explain to me why I can’t reply).
Thank you again and good night.
Comment by Petar
October 21st, 2006 @ 9:57 pm
• Jerry says:
Petar, one last question from me. Will we see some updated performer numbers for 2007 with the A/f’s Thank You Petar. Jerry
Comment by Jerry
October 21st, 2006 @ 9:59 pm
• Petar says:
Yes Jerry…just need a small break from numbers for a couple of days.
Comment by Petar
October 21st, 2006 @ 10:00 pm
• Tanana says:
Good evening sir,
Are there any more acquistions/mergers in the works at the moment ? I am not asking specifics.
Thanks
Comment by Tanana
October 21st, 2006 @ 10:02 pm
• Petar says:
Now there is a question I like..Yes there are…Thank you Tanana.
Comment by Petar
October 21st, 2006 @ 10:03 pm
• Petar says:
Thanks illusionist.
Night all…and thank you again for your support.
Comment by Petar
October 21st, 2006 @ 10:04 pm
AI
