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Greta Grabo

08/16/06 11:23 PM

#46645 RE: shaw2k6 #46644

It actually says "Wessal International's President, Ahmed Khalil Al-Muslamani, is buying 25% of the company." quote-unquote

CEO Steve Sulja stated: "Sulja Bros. initial business reach into the Middle Eastern market is attracting new investors. Wessal International's President, Ahmed Khalil Al-Muslmani, is buying 25% of the company. No more shares are being issued by Sulja Bros; therefore, Mr. Al-Muslmani has to buy in the open market. By law, this press release is the disclosure of Wessal International's offer and buying can commence in the open market immediately. We are very excited over the interest our company has received in the Middle East. Mr. Al-Muslmani has been watching our growth in large projects and stated his offer at the project closings in Germany. We warmly welcome Wessal International to the family of Sulja Bros. shareholders."

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janniebgood

08/16/06 11:49 PM

#46650 RE: shaw2k6 #46644

Not to mention the fact that businesses must negotiate contracts and agreements before they are a done deal. This is just another step in the regular course of business. The fact that they are even giving us information of deals in the negotiations stage is phenomenal. Would you wish to wait for everything until they are done? I'm happy to know what's in the works before it happens. It's all about transparency, and I like that in a public company.

Jannie
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SPIN

08/17/06 12:06 AM

#46655 RE: shaw2k6 #46644

re Suljaspeak

Aug 11, 2006 -- "has currently secured" - okay, seems solid.

Aug 9, 2006 -- "is being contracted" - squishy.

Aug 8, 2006 -- "is purchasing" - unclear if present or future tense & the source of ample ongoing analysis & debate here.

Aug 3, 2006 -- "has arranged" - a definite maybe.

moxy made a valid point.

IMO Suljaspeak is inartful at best, misleading at worst.