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Tuesday, January 09, 2007 1:30:43 PM
Do you condone lying as long as it is pump related?
11. By letters dated September 29, 2006, each of PricewaterhouseCoope("PWC") and KPMG LLP ("KPMG") advised Staff of the Commission that Sulja Bros. had made misrepresentationisn in recent press releases with respect to its relationship with PWC and KPMG. Also enclosed with their correspondence to Staff was documentation in support of their objection to the representations made by Sulja Bros. Attached respectively hereto as Exhibits "8" and "9" are copies of the correspondence package received from PWC and KPMG dated September 29, 2006.
12. In their letters to Staff, PWC and KPMG advised that, in a press release dated August 11, 2006, Sulja Bros. had made untrue statements that it was negotiating with both KPMG and PWC to handle all future Securities and Exchange filings and reportings. Attached hereto as Exhibit "10" is a copy of the press release from Sulja Bros. dated August 11, 2006.
13. In a further press release dated August 23, 2006, Sulja Bros. made statements that PWC and KPMG were performing an audit for Sulja Bros. which would be completed in the near future. In their letters to Staff, PWC and KPMG advised that Sulja Bros. was not, nor had it ever been, an audit client of either firm. Attached hereto as Exhibit "11" is a copy of the press release from Sulja Bros. dated August 23, 2006.
14. In their letters to Staff, PWC and KPMG enclosed copies of correspondence to Vucicevich as the CEO of Sulja Bros. and to Marquee Asset Management LLC("Marquee"), the investor relations firm for Sulja Bros., demanding that Sulja Bros. cease and desist from making any further reference to PWC and KPMG and that Sulja Bros. correct the misrepresentation made in respect of its relationship with them.
15. I have reviewed subsequent press releases issued by Sulja Bros. and have not found any statements by Sulja Bros. retracting the representations concerning PWC and KPMG.
Why do you think snips lying is ok and he should be freed?
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