Sept 5....
CEO Steve Sulja stated: "The cement contract has been finalized, and the contract is officially closed. The contract is for seven million metric tons of cement per year. The cement will be transported to Abu Dhabi, UAE."
Dec 5
A Sulja Bros. Building Supplies (PINKSHEETS: SLJB) spokesperson announced a clarification of its September 05, 2006 press release. SLJB made a mistake in the wording and in the timing of the release.
Dec 30
Hamaidi and his partner Saleh Khateeb said they were completely unaware that Sulja Bros. issued a news release Sept. 5 claiming to have closed a major contract with Ramada.
Hamaidi, who speaks English, and his partner Khateeb, were interviewed through Windsor Arabic translator Nazer Marar. The partners said various deals were discussed in some telephone calls and email correspondence, in July and August, but nothing came of it.
So sad. The real sad thing, and I know that this is the least of their worries, but a company is obligated to PR when this sort of investigation (the OSC)is going on right when they hear about it I would assume. I mean, somebody bought shares yesterday and maybe had no idea. It would probably be considered inside information that could have an effect on share price. May Petar end up homeless, and all Sulja's end up penniless.