Replies to post #176927 on Sulja Bros. Building Supplies, Ltd (SLJB)

[bgramer]

Anyone know who this Phil Roth is? Supposedly he's in charge of Consultech in Germany. Maybe he's Petar's boss in all this.



http://www.investorshub.com/boards/read_msg.asp?message_id=12940404

Posted by: BR549
In reply to: None
Date:8/27/2006 10:57:51 AM
Post #of 176924

This is a bit of history on how this may have come together.
Starting here with the German - UAE Economic Partnership forum in July 2005

http://www.epforum.ae/uae-uk/pdf/UAE-GERMANY-2005-REPORT.pdf#search=%22German%20UAE%20economic%20cou....

Now in Aug 2005 Dr Phil Roth (CCM - Europe)shows up on LFWK's doorstep as shown in this Aug 17, 2005 PR

NASHVILLE, TN -- (MARKET WIRE) -- August 17, 2005 -- LoftWerks, Inc. (OTC: LFWK) today announced a Joint Venture Agreement with Consultech Construction Management, Inc. that mandates a three-year term for design, planning, and consulting services in two target markets: one in Canada, the other in Europe (Germany). The Company's retainer should more than double the allotted $12M (US) with bonuses and incentives based upon performance and revenue production. The Agreement was finalized yesterday evening between LFWK CEO Dennis Ammerman and "CCM-Europe" Director General, Dr. Phil Roth, and will commence with a formal document-signing late next week.

Germany is a player here also.imo

[metropick]

jannie - isn't he "under contract" to be the CEO? depending on what terms are in the contract, who ever is the executor may be well within his/her rights to have Petar fired.

[JimmyCrackCorn]

"Petar is the BOD"

he had to review the audited #'s with himself I guess.

[4Justice]

Jannie-

Petar stated he is on a contract and he owns zero shares. He also announced that the duration of the contract was for 6 months. Therefore, I doubt that he controls those aspects of the company.

The real question is...who is the holder of the employment contract?

That is the 800 million share question, and I'm surprised that issue has not been addressed.