Sulja Brothers Specialized Building Materials, Ltd. Under which shell is the pea?
April 2006
LoftWerks, Inc. (OTC: LFWK) today announced that its new ownership, Sulja Bros. Specialized Building Materials, Ltd., will immediately set a course toward a broader exchange board such as the OTCBB or even NASDAQ. Newly Appointed CEO, Steven Sulja, in Windsor, Ontario stated earlier today that "the LFWK trading vehicle is just that...a 'vehicle' to move us into a broader more substantial audience."
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April 2006
"LoftWerks, Inc. (OTC: LFWK) today announced that a Liberian supplier of mid- and high-grade lumber cut to traditional North American building lengths and standards will finalize a Preferred Vendor Status Contract with Sulja Bros. as soon as is practical considering the sanctions soon to be lifted from the Liberian timber industry."
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April 2006
New LoftWerks (OTC: LFWK) CEO Steve Sulja in Windsor, Ontario announces today that Consultech Construction Management Inc.'s Director General Petar Vucicevich has been in the Middle East for the past 4 days completing negotiations for the land and construction of a 280 room exclusive luxury hotel on the Al Reem Island, in Abu Dhabi, UAE.
Tracey Banumas, Director of Operations for CCMI stated that the cost of acquiring the land on Al Reem Island is $29M, cost of construction of the luxury hotel is estimated at $645M, both the land and financing for this project have been secured as of yesterday. The anticipated start date on the hotel construction will be mid 2007, and to be completed by mid 2009.
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May 2006
"LoftWerks,Inc. (OTC: LFWK) today announced that Sulja Brothers Building Materials, Ltd. will be involved in supplying building materials to Consultech Construction Management for a resort development on Al Reem Island in Abu Dhabi, UAE. Sulja will be involved in this project as a result of negotiations conducted in Abu Dhabi by Consultech Director-General Petar Vucicevich. "There is a real need for this relationship because of the lack of primary building materials on the Island, specifically, and in the Middle Eastern region generally," said Vucicevich. "As the parent company of both Consultech and Sulja Brothers, we have the unique ability to bring all the necessary parties together to undertake this project," he concluded.
A company spokesperson stated that the project is expected to generate $130M in revenues over the next two years. "The initial agreement calls for us to provide primary building materials such as lumber and masonry," he explained. "We expect ancillary products to spin off additional revenues that could reach the $300M mark within three years," he said."
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May 2006
"LoftWerks, Inc. (OTC: LFWK) today announced that Sulja Brothers Building Materials, Ltd. has completed their audit process for upcoming financial reports, and that the information will soon be posted on the company's web site.
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May 2006
"LoftWerks Inc. (OTC: LFWK) announces its first exchange move milestone has been achieved. On May 4th, 2006, the merged company of LoftWerks Inc. and Sulja Brothers Building Supplies completed audited financials. The audits were conducted by a premier international accounting firm. The financials were submitted to the Company Directors and Gottbetter & Partners, LLP on the same day."
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May 5, 2006
"LoftWerks, Inc. (OTC: LFWK) announces that it will file its Form 10 registration for the NASD OTC bulletin board with the Securities and Exchange Commission within the next 14 business days. With the announcement of the completed merger and audited financials, Loftwerks has positioned itself for the Form 10 filing.
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May 11, 2006
LoftWerks, Inc. (OTC: LFWK) today announced that Sulja Brothers Building Materials, Ltd. has posted the necessary filings to finalize the merger agreement it has in place with the Loftwerks, Inc. (LFWK) public, and that the entire process should be completed in only a few days.
Counsel, the Gottbetter Firm in NYC, has submitted the required SEC documentation, namely the form 15C(211). A Sulja spokesperson stated that the transition to a public market should not occur later than 5-7 days from now.
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May 2006
LoftWerks (OTC: LFWK) LoftWerks/Sulja Bros. today announces that Consultech's Midwest Operation has signed a new contract in partnership with Intec Industries in Berlin to construct two tire recycling plants in the Middle East. Intec Industries is a world renowned and front runner of tire recycling technology.
A Consultech spokesperson stated that all necessary fixtures, construction and finishing materials would be provided through Sulja Building Supply. This project is estimated to generate 30 Million Euros; construction on the site will begin in August 2006; completion date is projected in about 8 months.
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May 2006
"Sulja Bros. will immediately target a broader exchange such as the OTCBB or even NASDAQ. Newly Appointed CEO, Steven Sulja, in Windsor, Ontario, stated earlier that "the LFWK trading vehicle is just that... a 'vehicle' to move us into a broader more substantial audience."
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May 2006
Sulja Bros., Ltd. (PINKSHEETS: LFWK) today announced that its new ownership of the LoftWerks (LFWK), Inc. public vehicle has been finalized by the Board of Directors, and their legal counsel, the Law Firm of Gottbetter and Partners, LLC. All final documents have been executed and forwarded by the law firm awaiting final approval from NASDAQ.
Sulja Bros. will immediately target a broader exchange such as the OTCBB or even NASDAQ.
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July 2006
"Price appreciation of our shares should easily beat the NASDAQ requirements for up listing. Our net earnings will raise the eyebrows of many investors."
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July 2006
LoftWerks/Sulja (PINKSHEETS: LFWK) announced today that the company is opening 3 new offices in the Middle East. A Red Sea Group company spokesperson commented: "The 3 licenses for Sulja Bros. Building Supplies were obtained in the Middle East. Ground breaking commenced today in Abu Dhabi, Dubai in the United Arab Emirates and in Bahrain."
The construction in the UAE and the Middle East is projected to exceed 28 billion by the year end
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July 2006
"Sulja Brothers Building Supplies earned $63,047,611.00 during the 12 months from June 1, 2005 to May 31, 2006. The company made $28,371,424.95 gross profit with a $26,023,991.63 in pre-tax profits. Net profits were $15,879,839.69.
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July 2006
Sulja Bros. Construction Supplies, Ltd. (PINKSHEETS: SLJB) today announced that it will release pertinent and positive financial information to its shareholders. Year-end (fiscal) numbers will show revenues of $63M+ for 2005 and gross profits of approximately $28M+. The net profit for the year-end audit will surpass $15M.
The company anticipates NET profits greater than $3M from the supply-side agreements it has attained with the Red Sea Group
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August 2006
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."
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August 2006
"Wessal International has arranged for private financing of USD 25 million, of investment capital, for Sulja Bros. Building Supplies, Ltd."
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