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Pachyderm

12/01/06 12:52 AM

#199032 RE: allinone #199030

Didnt you write this


6. Mr. PETAR Vucicevich is an important part of this supply conglomerate. Steve Sulja and business family members are very intelligent people with a long and flawless business reputation but to think they are experienced in exporting to the Middle East with the magnitude that the pro forma revenues are projecting is just alittle far fetched. There are outside influences that we have not been made aware of here in play. Middle East money and in a very, very big way. They are in desperate need of lumber and with Sulja's license and now Lumber mills they will be able to go into full production and export of the massive amounts of lumber needed in the Middle East. The logistics alone from the West coast mills require resources much more than the Sulja family have available to them, including Customs Export documentation, road, rail and ocean logistics. The Sulja Bros business is not a large conglomerate of international export trade. They have a license and limited experience. Outside money is involved. They will pay for the entire purchase of Sulja Bros in just 6 months of savings in material costs, reduction of production downtime on the sites, logistics costs, etc, etc, etc. to their Middle East sites in less than one year! Remember with the massive amount of building in just the UAE the first done makes the most money by being able to sell their projects first and moving on to the next. This is a race against time for them all in the UAE. Several news articles all made available to everyone here supports this fact

boogaloo

12/01/06 12:55 AM

#199041 RE: allinone #199030

What do you mean "still" in charge? He's newly in charge, after being replaced by a lawyer who knew nothing about the company, who was in turn reluctantly replaced by Petard. Steve didn't even have the consideration to make a statement when he was replaced by Kahn. He waited a day or two, and then made a statement after Petard took over.

bikerider99

12/01/06 12:57 AM

#199049 RE: allinone #199030

allinone, the enron dude has had a great reputation until he lost it. lots of reputable ppl lose it every day. this "family business" talk its been pushed too far imo.