Shahid M. Khan CEO of SLJB background:
That one-day CEO of SLJB before Petar? He was taken down due to not being popular...I suspect with M.E. investors:
Sulja Bros. Announces Prominent Canadian Attorney as New CEO
WINDSOR, ON, Sep 06, 2006 (MARKET WIRE via COMTEX) -- Sulja Bros. Building Supplies, Ltd. (PINKSHEETS: SLJB) announced today that a new CEO has been hired.
A company spokesperson stated: "We have offered the CEO position to Mr. Shahid Khan, a prominent attorney in Ontario, Canada. With the new CEO on board, the contracts he was involved with will be announced. Mr. Shahid Khan has been functioning as a bridge between our North American suppliers and Middle Eastern Contractors. Mr. Shahid Khan has been the facilitator of many contracts in the Middle East."
Mr. Shahid M. Khan ( Dubai Office ) -- M.A., LL.B., University of Punjab, Lahore. Attended Academy of International & American Law, at University of Texas, one of the leading American educational academies on international business and financial transactions.
Mr. Khan's broad based practice focuses on international, commercial, corporate and banking transactions, with particular emphasis on transactions relating to Middle East and U.A.E. Mr. Khan has represented numerous multinational clients and Middle Eastern interests in major commercial contract negotiations and arbitrations in particular under ICC rules.
Before moving to Dubai, Mr. Khan was the Senior Legal Counsel and Head of the Legal Department of one of the major Industrial and business Groups (SCC Group, Jeddah) with diversifying world-wide commercial and business activities (1990-1997). Mr. Khan has been intensively involved in drafting and negotiations of complex agreements, contracts, memos and business related documents on behalf of the Group. He was responsible for strategies, monitor and over see the legal affairs and court litigation of about sixteen subsidiaries of the Group. He liaisoned with senior solicitors, counsel and advocates on world-wide basis on legal matters for the group.
Before joining the Group, Mr. Khan was associated with one of the leading law firms in Riyadh (Law firm of Dr. A. Munifi (1983-1990). Mr. Khan is also member of one of the prestigious law firms of Pakistan, M/s Cornelius, Lane & Mufti, Lahore, Pakistan, and has practiced with the firm (1978-82). Author: "Commercial Laws of Saudi Arabia", Oceana Publication Inc, USA (1984); Secured Lending in Saudi Arabia (International Financial Law Review).
Mr. Khan is visiting lecturer at Emirate Institute of Banking and Financial Services (EIBFS), Sharjah, since March 1999. Mr. Khan has also conducted a seminar under the auspices of EIBFS for bankers entitled "Legal Environment and Banking Laws of UAE" on April 24-28, 1999 at Beach Rotana Hotel, Abu Dhabi.
Member: International Bar Association, American Bar Association and Punjab (Lahore High Court Bar), Pakistan
ALSO, please READ my post. It seems many do not want to dig into the M.E. connection enough and just focus on Petar:
Posted by: proftstocksny2
In reply to: stockprofit2023 who wrote msg# 177560
Date:11/18/2006 10:24:47 AM
Post #of 177797
Fear of Arab Connection? READ:
Below are some dots I have connected. Amazing how little who post here even do any DD!!
Wessal adress is in the iBox for any paranoid person who has asked and not even looked:
WESSAL INTERNATIONAL(private company OIL/CONSTRUCTION/TRADING)
Wessal International Group
Sare Street Al Slamhe
Jeddah Saudi Arbia (valued around 800mm)
I suspect they do not have a website since they are private (maybe a hedge fund in the middle east, lol?) and do not like publicity. But they did get one:
Wessal to buy 25% stake in Sulja Bros
Dubai: Wessal international group has announced that it intends to purchase 25 per cent of Sulja Brothers in the open market. Sulja Bros Building Supplies Inc is a publicly listed company on the stock exchange in the US and specialises in the sale of building supplies. Wessal International Group's President Ahmad Khalil Al Muslamani stated that the purchase will enable Wessal International Group to lead the way in the construction and real state industry in the Gulf.
Also see the Emaar connection (do you think Emaar would like something false about them printed?):
WINDSOR, ON, Aug 02, 2006 (MARKET WIRE via COMTEX) -- Sulja Brothers Building Supplies, Ltd. (PINKSHEETS: SLJB) is meeting with Consultech Construction Management and Emaar Properties, in Germany, to finalize a major construction and supply agreement.
A Wessal International Group spokesperson commented: "The deal with Emaar Properties will generate $124 million in revenue over the next 12 months for Sulja Brothers."
ALSO, a lot is in Arabic if you can find these arabic news sources mentioned below:
INDSOR, ON, Aug 21, 2006 (MARKET WIRE via COMTEX) -- Sulja Brothers Building Supplies, Ltd. (PINKSHEETS: SLJB) announced today that Wessal International and Sulja Bros. received favorable press coverage in Middle Eastern newspapers and magazines.
CEO Steve Sulja stated: "With our rapid expansion in the Middle East, we have received a large interest in Sulja Bros. and our company stock. We have recently received third party articles and coverage in Emirates Al-Youm, Al-Bayan, Al-Khaleej, and Al-Etihadal Iktisady. The articles detailed the relationship between Wessal International and Sulja Bros.; mentioning the current open request of Wessal International to purchase SLJB stock on the open market. We are getting great response from Middle Eastern investors about the articles. Wessal International is pleased with the interest from investors."
Khan lawyer background:
WELL YOU HAVE TO GIVE PETAR CREDIT FOR FOLLOWING THROUGH AND APOLIGIZING FOR the a/s error when it was 850 rather than the correct 800 and IT WAS corrected:
WINDSOR, ON, Sep 21, 2006 (MARKET WIRE via COMTEX) -- Sulja Bros. Building Supplies Ltd. (PINKSHEETS: SLJB) CEO Petar Vucicevich today spoke directly to questions concerning clerical error in share distribution following merger.
"The clerical error that occurred in transferring restricted shares to the company's new ownership as 'control-block' issuances has been addressed and is now reconciled with the Transfer Agent and the State of Nevada. The physical certificate was located while in transit and is already cancelled at the Transfer Agent level (even prior to its arrival). The State of Nevada has been made aware of the now eminent change in the share quantity and is receiving documentation that will allow them to proceed with the publication of the proper and original authorized share count. We apologize for the error and any ensuing turmoil this may have caused. It was a mistake. We have repaired it. It will post as instantaneously as priority transport postal service and state administrative offices can move to reflect our correction." Mr. Vucicevich further hopes that this statement will resolve and conclude this unfortunate event.
I'M NOT DEFENDING PETAR. I RATHER HAVE A NEW CEO. But there is a lot more than iHub poster sentiment here. There is a real business I think with real ME connections. I am not one-sinded to think this is just a scam. At .03, it is worth the bet after much DD. But the share price sucks now.
Prof.
