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Sunday, December 24, 2006 12:32:41 AM
What I plan to do in Windsor this trip is work to gain verifiable proof of all PRIOR PRs. I don't want to see anything relating to the future, as this would be considered insider information. I would like to see correspondence, contracts, etc. If they cannot provide this information, I believe it would be in their best interest to retract the PRs where this is the case.
I've printed every PR and have started to break each of them down. I'm not finished yet, but this is what I have done so far. After I finish, I'll review and refine what I wrote (i.e. this is a very rough draft):
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Sulja Bros: Show Me the Proof of your Prior PRs
July 31, 2006 – Sulja Bros. (SLJB) to Release Positive Financials
Highlights: 2005 Revs = 63M+ with gross profits of approx 28M+, with net profit $15M+ The company anticipates NET profits greater than $3M from the supply-side agreements it has attained with the Red Sea Group, an investment banking and asset management group with interests primarily in the M.E.
Comments: Where are they? Show us correspondence from the Red Sea Group. Who’s your contact there? Who was the spokesperson? What’s their number? Show us proof of the revenues. Retract PR?
Evidence of Proof:
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August 2, 2006 – Sulja Bros. Building Supplies Releases Revenue Details of Construction Projects in Middle East
Highlights: Emaar Properties in Germany named. Major construction and supply agreement. Wessal International Group spokesperson commented, “The deal with Emaar Properties will generate $124 million in revenues over the next 12 months for Sulja Bros.”
Comments: Show us the contract. Who was the Wessal spokesperson? What’s their number? Retract PR? Who’s the contact at Emaar?
Evidence of Proof:
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August 3, 2006 - Sulja Bros. Building Supplies, Ltd. Seeks Listing on the Dubai International Financial Exchange
Highlights: “Recent deals have generated great interest in Sulja Bros Building Supplies, Ltd. We are now working with one of the largest investment banking firms to complete the listing of Sulja Bros. Building Supplies, Ltd. On the Dubai International Financial Exchange.”
Comments: Who had great interest in the company? Who was the investment banking firm? Show me documentation regarding this. Retract PR?
Evidence of Proof:
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August 8, 2006 - Sulja Bros. Building Supplies Ltd. – Wessal International Is Purchasing 25% of Sulja Brothers
Highlights: Wessal International is purchasing 25% of Sulja Brothers in the open market. Wessal International’s President, Ahmed Khalil Al-Muslmani, is buying 25% of the company. Wessal International’s offer and buying can commence in the open market immediately.
Comments: Documentation on Wessal? Written agreement to buy 25%? Retract PR?
Evidence of Proof:
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August 9, 2006 - Sulja Bros. Building Supplies, Ltd. (SLJB.PK) Releases Pro Forma for 2007
Highlights: The pro forma estimated revenue is $307,007,451.50 and the estimated net profits are $93,951,965.18.
Comments: Where do we stand today? Show me what you based this on. Why was it removed from the website? Retract PR?
Evidence of Proof:
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August 11, 2006 - Sulja Bros. Building Supplies, Ltd. (SLJB.PK) Announces Cement Distribution in Dubai
Highlights: Secured a large source of cement at an extremely competitive price from eastern European suppliers. We conservatively expect the sales of the cement in Dubai to reach 180 million dollars over the next twelve months. Furthermore we are negotiating a continuous and competitive supplier of structural steel.
Comments: Again, who is this spokesperson? Cement from whom and where are they located? What’s the deal with the steel? Contact names, numbers? Retract PR?
Evidence of Proof:
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August 23, 2006 - Sulja Bros. Building Supplies Completes Asset Transfer
Highlights: Completed the asset transfer. Balance sheet forwarded to auditor. State of Nevada received Assets. AFs to be completed by mid-Sept. KPMG and PWC mentioned.
Comments: Value of assets? Documentation? Correspondence from State of NV? Engagement letter from PWC? Retract PR?
Evidence of Proof:
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September 7, 2006 - Sulja Bros Building Supplies Ltd. Announces the CEO & Chairman
Highlights: Petar Vucicevich takes over and Khan steps down. General public didn’t want Khan in. Fax blast not the companies. Statement from CEO to be place on website. Website will be used to communicate with shareholders.
Comments: Why was Khan only in for one day? Why change the CEO because the general public doesn’t agree? Why did you not answer most of the questions in the Q&A on the website?
Evidence of Proof:
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