[SLJB]: Another bizarre cement announcement - SLJB secures $5 billion of cement for distribution

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In another bizarre press release issued by scam company Sulja Bros. Building Supplies, Ltd, yesterday it announced that it had secured 100 million metric tons of cement for distribution. The press release is included below.

The readers of this blog might remember a SLJB press release of only 2 days ago whereby SLJB admitted to previously issuing a false and misleading press release on a "closed" $350 million revenue per year cement contract that never closed. Here is the blog report on that particular press release: http://theworm06.blogspot.com/2006/12/sljb-company-admits-to-issuing-false.html


And now SLJB announces that it secured 100 million metric tons of cement for distribution, which at about $50 per ton would be valued at $5,000,000,000 (yes, 5 billion dollars). To show how absurd this bizarre press release is, consider the following:



100 million metric tons of cement:

1. Would be approximately equal to the total cement production per year of the second largest cement company in the world, CEMEX.

2. Would be only slightly less than the total cement production per year of the entire United States.

3. Would be greater than 15 times the cement shortfall per year of the entire Middle East.





here is yesterday's SLJB press release on the 100 million metric tons of cement:


http://biz.yahoo.com/iw/061206/0191931.html

Press Release Source: Sulja Bros. Building Supplies, Ltd.

SLJB Assures Shareholders That Tall-Order Distribution Contracts Remain a Viable Focus of the Company

Wednesday December 6, 2:14 am ET

WINDSOR, ON--(MARKET WIRE)--Dec 6, 2006 -- Sulja Bros. Building Supplies Ltd. (Other OTC:SLJB.PK - News) today is announcing an addendum to clarify its position regarding brokerage of cement and other building material staples in the Middle East and elsewhere worldwide. The following is a direct message to current shareholders and an affirmative reassurance to all who have viewed the recent retraction of a press release that confirmed the halt of a cement distribution transaction with Ramada General Contractors. The Directors of SLJB wish to convey the following:

We are stating to our shareholders that SLJB is actively pursuing long-term contracts to provide building materials worldwide. We have secured 100 million metric tons of cement for distribution and are in negotiations with qualified buyers who have already demonstrated the ability to meet our stringent criterion for purchasing this product. The retraction of an earlier press release confirming a completed deal was necessary because of circumstances that stopped its progress. Our overall plan is not obstructed by any stretch of the imagination. We want to take on the responsibility of assuring our investors that the path we have set for entry into this industry is immutable and has in fact made great strides during this time of guarded corporate information and rampant rumor-mill ranting. We will stay the course and continue to serve the long-term goals for our Company and our shareholders.

The Company also stated the following regarding the ongoing issue of providing current financial information to the public: "We will publish the numbers when we have them and when we know they are correct, exactly correct, beyond the slightest pause for doubt or debate of any sort...period."

This may contain 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 makes every effort to update the marketplace relative to SLJB and similar companies in order to keep shareholders apprised of changes and/or new developments in the marketplace. Although the company makes every effort heretofore mentioned, the company cannot be responsible for omitting or failing to cover all aspects of an investor's reliance upon forward-looking statements. We also earnestly suggest that all potential investors contact a qualified investment consultant in the securities industry in order to aid them in making a sound investment decision.

Contact:

Source: Sulja Bros. Building Supplies, Ltd.






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