[SLJB/LFWK]: Another very strange press release from Sulja Bros. Building Supplies, Ltd.
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Remember that this is a company that is projecting $93 million in pre-tax income during the next 12 months, yet all indications are that it is still only a "trading vehicle" shell company.
Someone should tell the management of this company that at least the fluff press releases should somehow be made to look realistic. Registering your corporation in the State of Neveda does not mean that you have to actually transfer your assets to the State of Nevada as suggested by SLJB in this press release.
Someone should also tell the management of this company that the "Securities" part of the Securities and Exchange Commission is spelled "Securities" and not "Security" as has been done in the press release.
If you are going to pretend to be a real company, then you really should show some effort.
Press Release
Source: Sulja Bros. Building Supplies, Ltd.
Sulja Bros. Building Supplies, Ltd. Releases Asset Transfer Update
Friday August 11, 12:11 pm ET
WINDSOR, ON--(MARKET WIRE)--Aug 11, 2006 -- Sulja Bros. Building Supplies, Ltd. (Other OTC:SLJB.PK - News) has received clearance from the Dubai Government to move the Sulja Bros. assets to the State of Nevada. Sulja Bros. attorneys have paid all creditors and liens on the assets being moved. The attorneys, working with the auditors, have produced the balance sheet, which was the last piece of information needed to complete the audit.
CEO Steve Sulja stated: "The process of moving the overseas assets was time consuming but has finally been completed. We can now have the audited financials completed shortly. The State of Nevada will receive the assets by next Friday. We are very pleased to inform our shareholders of the current transfer of assets. We are actively negotiating with KPMG International and Price Waterhouse Coopers to handle all future Security and Exchange Commission filings and reporting. Our shareholders will soon see why Sulja Bros. did not need to reverse split the stock to meet our up listing goals."
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual result may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Contact:
Source: Sulja Bros. Building Supplies, Ltd.
___________________________________________
.
.
Remember that this is a company that is projecting $93 million in pre-tax income during the next 12 months, yet all indications are that it is still only a "trading vehicle" shell company.
Someone should tell the management of this company that at least the fluff press releases should somehow be made to look realistic. Registering your corporation in the State of Neveda does not mean that you have to actually transfer your assets to the State of Nevada as suggested by SLJB in this press release.
Someone should also tell the management of this company that the "Securities" part of the Securities and Exchange Commission is spelled "Securities" and not "Security" as has been done in the press release.
If you are going to pretend to be a real company, then you really should show some effort.
Press Release
Source: Sulja Bros. Building Supplies, Ltd.
Sulja Bros. Building Supplies, Ltd. Releases Asset Transfer Update
Friday August 11, 12:11 pm ET
WINDSOR, ON--(MARKET WIRE)--Aug 11, 2006 -- Sulja Bros. Building Supplies, Ltd. (Other OTC:SLJB.PK - News) has received clearance from the Dubai Government to move the Sulja Bros. assets to the State of Nevada. Sulja Bros. attorneys have paid all creditors and liens on the assets being moved. The attorneys, working with the auditors, have produced the balance sheet, which was the last piece of information needed to complete the audit.
CEO Steve Sulja stated: "The process of moving the overseas assets was time consuming but has finally been completed. We can now have the audited financials completed shortly. The State of Nevada will receive the assets by next Friday. We are very pleased to inform our shareholders of the current transfer of assets. We are actively negotiating with KPMG International and Price Waterhouse Coopers to handle all future Security and Exchange Commission filings and reporting. Our shareholders will soon see why Sulja Bros. did not need to reverse split the stock to meet our up listing goals."
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual result may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Contact:
Source: Sulja Bros. Building Supplies, Ltd.
___________________________________________
posted by the_worm06 | 8/12/2006 05:57:00 PM
1 Comments:
Thank you scaminspector.
very useful information that you have uncovered.
regards,
the_worm06
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