Sulja Bros. Building Supplies, Ltd (SLJB)

[EarnestDD]

This talk of additional growth by Sulja is such a red herring.
They can not even open up Calgary.
Only one desk set up in the 22,000 sq ft facility.
They have said, through their IR on a message board, that they can not find enough people to work in their Calgary operation.
I think that they are cash flow negative and are financially in very bad shape.
How are they going to expand further?
They do not have enough management talent and money.
Steve Sulja's management talents are iffy. Let's remember that he was running Harrow and it has now been closed. My bet is it was unprofitable.
Ron Coates is the only other manager they ever talk about. He is in Calgary most of the time.
Who else do they have the could be management?
Not PV. He has disavowed a relationship with Sulja.
And he has never been a success at anything other than authoring some highly suspect PR's.
imo