the_worm06

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Thursday, September 21, 2006

[SLJB]: Yet another bizarre press release for Sulja Bros. Building Supplies, Ltd.

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What is SLJB CEO Petar Vucicevich talking about in the bizarre press release about share structure below?

Remember that this is coming from a scam company that is claiming about $63 million in revenues and $26 million in pre-tax income in their Actual Historical Financial Statements for the year ending May 31, 2006.

Adding to the strange press releases of SLJB, the company has now claimed six different Sulja corporate names in recent press releases for the same public company symbol SLJB:

Sulja Bros. Building Supplies, Ltd
Sulja Bros. Building Supply, Ltd
Sulja Bros. Building Materials, Ltd
Sulja Bros. Construction Supplies, Ltd
Sulja Brothers Specialty Building Materials, Ltd
Sulja Bros., Ltd.


http://biz.yahoo.com/iw/060921/0165584.html

Press Release

Source: Sulja Bros. Building Supplies Ltd.

Sulja Bros. Building Supplies Ltd. CEO Resolves Question of Share Accountability

Thursday September 21, 3:29 pm ET

WINDSOR, ON--(MARKET WIRE)--Sep 21, 2006 -- Sulja Bros. Building Supplies Ltd. (Other OTC:SLJB.PK - News) CEO Petar Vucicevich today spoke directly to questions concerning clerical error in share distribution following merger.

"The clerical error that occurred in transferring restricted shares to the company's new ownership as 'control-block' issuances has been addressed and is now reconciled with the Transfer Agent and the State of Nevada. The physical certificate was located while in transit and is already cancelled at the Transfer Agent level (even prior to its arrival). The State of Nevada has been made aware of the now eminent change in the share quantity and is receiving documentation that will allow them to proceed with the publication of the proper and original authorized share count. We apologize for the error and any ensuing turmoil this may have caused. It was a mistake. We have repaired it. It will post as instantaneously as priority transport postal service and state administrative offices can move to reflect our correction." Mr. Vucicevich further hopes that this statement will resolve and conclude this unfortunate event.

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.





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3 Comments:

Anonymous Anonymous said...

Could you please give the PRs where SLJB mentioned themselves as all of these different names? I've looked thru the PRs and see nothing of the sort, other than a couple times, they call themselves "Sulja" instead of the full "Sulja Bros. Building Supplies"
Thanks.

11:46 AM  
Blogger the_worm06 said...

Yes,

that will be the subject of an upcoming report.

regards,

the_worm06

12:52 PM  
Anonymous Anonymous said...

Sulja Brothers was a family operation. It ran a small lumber business in Harrow, it was mis-managed by Steve, Sam and Andy Sulja. The company had bad debt out to builders that just wouldn't pay there bills, they seeked financing from Peter. Peter backed them up to a wall and took the company over. The Sulja brother's are not even capable of running a lumber yard than a Global company. I haven't seen so much bulls**t in my life, penny stock was just a means for Peter to get his money back. He closed in on Sam's Building supply, I haven't delt with this company but surely they must have had the same financal situation with Peter. Peter's just a loan shark.
These Sulja Brother's don't even have a colledge education there a bunch of Hillbilles from Harrow operating out of an old apple orchard. Everybody has been scammed who has purchased there stock and half of you don't even know it.

1:03 PM  

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