Sulja Bros. Building Supplies, Ltd (SLJB)

[S.A.G.]

More facts from Petar's meeting.

In 2004, the company did 23.5 million in sales.

Petar stepped down, so he no longer has control of the situation.

Petar was the one who approached the Suljas with the deals he has going in the ME because it made sence to have them as the suppliers. Peter has about 100 million tons in allocations on cement. His projects in Abu dahbi will not start for about a year and a half.

If he doesn't use those allocations, he could lose them. So what did he do? He simply gave them to Sulja. Basically, he awarded those allocations to Sulja, which gives us the opportunity to make $1.00 per metric ton. He doesn't make a dime, it's all ours. He knows Sulja can sell 100 million tons in a year with the ME deals by going through the people he knows in the region. When he needs the allocations for the beginning of his projects, he can get them from Sulja. In other words, what's good for Kore is good for Sulja.

Hang on, more to come...