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energymanNJ

11/24/06 2:40 PM

#191304 RE: Grande25 #191295

DOES ANYONE KNOW IF THAT STORY APPEARED IN TODAYS WINDSOR STAR PAPER OR NOT? yes or no will do.... then I'll ask another question..
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lithe lassie

11/24/06 2:42 PM

#191308 RE: Grande25 #191295

Grande-when and where did SLJB say they were only leasing?
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nickulliana

11/24/06 3:11 PM

#191338 RE: Grande25 #191295

INTERVIEW WITH SAMs

IMO

WS: "So, Serge, is it true that Sulja bought SAMs?"

SAMs "Yes. It was a cash buyout and I was also issued shares of SLJB. They made an offer for the property, but that has not been successful as of now."

WS: "So, Sulja did not get the deed for the land?"

SAMs "No, Sulja made an offer, but it's not closed, . But they bought the business and some of our employees are already working at Sulja's. "

WS: "Did you buy any shares of SLJB?"

SAMs: "No, like I already told you. They were GIVEN to me as part of the cash buyout."


WINDSOR STAR TRANSLATION

Harrow-based Sulja Brothers Building Supplies Ltd. announced to shareholders the acquisition of another local company eight weeks ago, but The Star has learned the deal hasn't been concluded yet, and may never be.

No, they may never get the land, but THEY BOUGHT THE BUSINESS!

A search at the land registry office by The Star found the title for the SAM's property was still in the name of Serge Bigaouette.

BECAUSE THEY BOUGHT THE BUSINESS, NOT THE LAND

"Sulja made an offer, but it's not closed,"

THEY BOUGHT THE BUSINESS WITH COLD HARD CASH, BUT NOT THE PROPERTY

He said he's got a lot of calls since then from anxious shareholders and others in the community.
Bigaouette said family members are upset at all the attention. "It's starting to become a nightmare for all concerned," he said.


NO DUH, DICK TRACY! iHUBBERS LIKE MAKING PHONE CALLS....LOTS OF THEM!

He said he hasn't purchased any Sulja stock,

THAT IS BECAUSE IT WAS GIVEN/ISSUED AS PART OF THE CASH BUYOUT!

To end uncertainty over what properties are owned by the public company...

PROPERTIES? THAT AND A LOT OF OTHER THINGS, TOO!

OK, point taken. Sulja didn't buy the property. Why did they omit the most important part? they bought the business