Saturday, November 04, 2006 1:17:55 PM
Liberia is on the western side of the African continent. With the lumber deal IMO they will either ship the lumber or rail (if possible) through 3-5 other African nations to reach their destinations of either EGYPT or UAE or both. SLJB is the Broker, not the Shipper. The lumber will be exported via a 3rd party transportation company.
Read the PR, this will produce massive profits.
rb
FYI for necomers the PR follows:
WINDSOR, ON--(MARKET WIRE)--Apr 19, 2006 -- LoftWerks, Inc. (Other OTC:LFWK.PK - News) today announced that a Liberian supplier of mid- and high-grade lumber cut to traditional North American building lengths and standards will finalize a Preferred Vendor Status Contract with Sulja Bros. as soon as is practical considering the sanction
The supply-side contract could increase margins by as much as 19% (12-31%) per annum. The dialogue has also opened venues for further transactions that include Sulja actively seeking out North American suppliers of traditional staples and infrastructure materials like asphalt, low-cost, modular housing structures, and even rice.
"ALL THOUGH LIBERIA TIMBER IS NOW SANCTIONED. WITH THIS AGREEMENT IN PLACE WITH THE NEW PRESIDENT. SULJA WILL HAVE PRIORITY ON ACCESSING THEIR TIMBER WHICH IS THEIR 3 MOST IMPORTANT EXPORT DECREASING THEIR LUMBER COSTS BY 25%." GRPIII
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