the_worm06

Thoughts, Comments and Research on Publicly Traded Companies and Internet Stock Message Boards

Sunday, October 22, 2006

[SLJB]: The $350 million per year Cement Contract - Did it ever close?

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During a question and answer session with SLJB stockholders on the SLJB website on October 21, 2006, the CEO of scam company Sulja Brothers Building Supplies, Ltd, Mr. Petar Vucicevich, is asked at least 7 (seven) times about the $350 million per year cement contract that SLJB claimed was completely closed in a recent press release. CEO Vucicevich failed to answer any of the requests for information about whether the deal was closed or not.



According to the Sept. 5, 2006 SLJB press release below, "...The cement contract has been finalized, and the contract is officially closed..."


Could it be that SLJB never closed the $350 million per year cement transaction that was announced as "closed" in a press release only about 1 1/2 months ago?

How could this be?


Details to follow.



here is the question and answer session from the SLJB website:

http://www.investorshub.com/boards/read_msg.asp?message_id=14190337



here is the press release:

http://www.marketwire.com/mw/release_html_b1?release_id=159912

Sulja Bros. Building Supplies Ltd. -- Announces Closing of Abu Dhabi Cement Contract

WINDSOR, ON -- (MARKET WIRE) -- September 05, 2006 -- A Sulja Bros. Building Supplies (PINKSHEETS: SLJB) spokesperson announced the closing of the cement contract in Dubai with Ramada General Contracting in Abu Dhabi, UAE.

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."

Wessal International's President, Ahmed Khalil Al-Muslmani, stated: "Ramada General Contracting is paying an average of USD $50.00 per metric ton. The deal produces yearly revenues of USD $350,000,000. The UAE currently faces a shortage in cement production. We are continuously looking to fill this need."

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.


SOURCE: Sulja Bros. Building Supplies, Ltd.





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