Sulja Bros. Building Supplies, Ltd (SLJB)

[bluediamonds]

logan: Could be .15 soon and then on the way to $1.50 in time.

IMO


Posted by: Airys418
In reply to: string1929 who wrote msg# 185484 Date:11/21/2006 7:08:43 AM
Post #of 185504

Sulja Bros. Announces CEO Petar Vucicevich Resigns

Sulja Bros. Building Supplies, Ltd. (PINKSHEETS: SLJB) Today announces the resignation of Petar Vucicevich as CEO of Sulja Bros. Building Supplies Ltd. A spokesman said, "A mutual agreement has been reached between Sulja Bros. Building Supplies Ltd. and Petar Vucicevich which will facilitate his resignation. In light of recent press, we all felt that it would be best for the company and all the shareholders that Steve Sulja, a current director of Sulja Bros. Building Supplies Ltd., be reinstated as CEO effective immediately. Sulja Bros. Building Supplies Ltd. in no way endorses the allegations made against Petar Vucicevich, and we are thankful for the work that Mr. Vucicevich has done for our organization." Steve Sulja stated, "After numerous meetings in the past five days, it was simply felt that I accept his two month premature resignation. Along with Petar Vucicevich, Kore International Management Inc. will no longer have a roll in the management process of SLJB.

"Mr. Vucicevich has insisted all documentation and communication involving Mr. Vucicevich, SLJB shareholders, transfer agent, and all other parties involved regarding SLJB be provided to our attorneys for their review.

"I will hold the position of CEO until such time as a new board of directors can be elected by our shareholders, as laid out by Mr. Vucicevich. I ask you to be patient with me, as I will be posting a statement shortly. Mr. Vucicevich also assures us that he will remain available in the future for all questions, should it arise. I apologize, I will not be taking any phone calls at this present time, we will be communicating with our shareholders strictly through our website, and through our press releases. We all feel that this is an unfortunate turn of events, and hope that this will restore confidence in our shareholders of SLJB."

This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual result may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.

Source: Market Wire (November 21, 2006 - 6:00 AM EST)

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http://www.investorshub.com/boards/read_msg_ig.asp?message_id=14970627

Posted by: Airys418
In reply to: fhern01 who wrote msg# 185503 Date:11/21/2006 7:24:04 AM
Post #of 185518

I agree, but with a CEO that shareholders trust, it makes it easier to believe what is said, especially since under Steve's control we have gone up from sub penny levels to multi pennies. He is a founder and he knows how to run the company. Plus, he will know how to approach the shareholders on what he has told them in the past. There will ALWAYS be questions everyone will wonder about. The fact that the CEO has credibility makes it a whole lot easier to swallow than with what we had before. When Steve says a date, he keeps it. When he says the AF's are coming out, I will believe him. When Petar took over, things went downhill. Watch things get better now under Steve's control. Of course, there will always be people that will never be happy with any decision the company makes. There are always those who question the most obvious moves but in the end it is those who believe that will be rewarded the best. I'm happy to be one of those people.


http://www.investorshub.com/boards/read_msg_ig.asp?message_id=14970856

Posted by: Airys418
In reply to: fhern01 who wrote msg# 185458 Date:11/21/2006 6:51:57 AM
Post #of 185555

fhern, I have now been relieved of all the pressure I have been feeling for days. Steve will give us the answers we are looking for. He has a way with communicating with his shareholders and shareholders have trust in him. I have no doubt that AF's do exist and we will see them sooner than later. Today, Steve is going to make a statement per the recent PR. Anybody want to bet that we WILL see the statement today? I have no doubt we will!


http://www.investorshub.com/boards/read_msg_ig.asp?message_id=14970482

From PR: "I will be posting a statement shortly"