posted
Sulja Bros. Building Supplies Ltd. Releases Update on Audit
Internet Wire via COMTEX
Sep 25, 2006 3:08:49 PM
WINDSOR, ON, Sep 25, 2006 (MARKET WIRE via COMTEX News Network) --
Sulja Bros. Building Supplies Ltd. (PINKSHEETS: SLJB) releases updates to shareholders on the delay of the audit.
Sulja Bros. today announced that there will be a slight delay in posting the audited financials as stated in previous press release in order to conform with proper accounting practices. A company spokesperson stated, "The delay is nothing to worry about, we want to make sure that when the audits are posted they are done properly and make complete sense. Since these audits include North American companies and figures generated from the Middle East operations, we had to make sure that all companies under the Sulja Bros. umbrella operation are taken in consideration. Also, we have to ensure that these final audits meet all necessary standards and legal requirements as stated in all these different regions. We apologize for the delay but we have taken the liberty to decide that posting complete and all-inclusive financials audits would be a better course of action rather than hastening to complete only portions of it.
"We understand the frustration that our shareholders might feel and apologize again for this delay."
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.
Copyright 2006 Market Wire, All rights reserved.
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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posted
Another CMKX scam.... man, they are getting good at these. IN the past, all you needed was fake PR's and claims to have found diamonds in your bakcyard!
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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quote:Originally posted by Schwabie: DAMN, ADMIT IT... I AM GOOD !!!
I ALMOST GOT PR WORD FOR WORD !!!
I AM A BASHER BUT
HERE IS ONE GOOD THING AND THE ~ONLY~ GOOD THING I SEE
THEY DID ~NOT~ GIVE A SPECIFIC DATE THIS TIME...
THAT IS GOOD !!!
BAD THING IS
SHORTLY IN PINKY LAND COULD MEAN 1 DAY TO 6 MONTHS !!!
LMAO
quote:Originally posted by Schwabie: THATS IT...
I'M OPENING MY OWN PSYCHIC HOT LINE !!!
PREDICTING STOCKS IS JUST TOO EASY FOR ME !!!
ANYONE CARE TO DISAGREE NOW ?
LMAO
quote:Originally posted by Wit:
quote:Originally posted by fryyguyy: I'm not frustrated with anyone on this board. I'm trying to make the same point that Camelboy is making. If you have money invested in a stock and you are in the forum why be negative. It helps noone, but hurts everyone in the long run.
I'm mean heck us shareholders are partially responsible for the delays in this stock because of all the inquiries that have been made and all the attention that the CEOS have had to put forth to save deals and still get the fins done.
I'm done talking logical to you.
You want bashing. I'll give you bashing.
Hold onto your seat, if I'm going to be accused of it, I might as well join the 'Schwabie gang'.
Let's roll...........
Who's going to contiue on this sinking ship??? LMAO!!!!
MY NEW COMPANY:
BASHERS ANNOYMOUS PSYCHIC HOT LINE
SLOGAN:
WHERE YOUR DREAMS BECOME SOMEONE ELSES NIGHTMARE !!!
PRESIDENT: SCHWABIE
VICE PRESIDENT: IMAKEMONEY
SECRETARY OF STATE: WIT
ROFL
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven Posts: 3255 | From: Orlando, FL | Registered: Mar 2006
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quote:Originally posted by cottonjim: Schwab, don't forget relentless. He could be Secratary of Defense. Are you starting a company or a government? LOL
ITS A COMPANY WITH GOVERNMENT STRUCTURE
LOL
CAN'T PUT HIM BCUZ HE DOESNT POST HERE !
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven Posts: 3255 | From: Orlando, FL | Registered: Mar 2006
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posted
Jeez ! How many times have they changed the date now.
-- First they said Mid-Sept
-- Then they said early last week
-- Then they said by the 23rd
-- Now they changed it again.
But this time they didn't even give a time frame...They just left us hangin. You can count on a huge sell off in the AM! This 4 times they changed it now! But this time, they gave up on setting dates. I guess they figured what's the use.
Posts: 2321 | Registered: Aug 2006
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quote:Originally posted by Schwabie: ITS FUNNY THAT PEOPLE ACTUALLY STILL TRUST THEM.
HOW MANY MORE DELAYS WILL IT TAKE ?
WE'RE UP TO 3-4 DELAYS SO FAR
LMAO
quote:Originally posted by Ace of Spades: Jeez ! How many times have they changed the date now.
-- First they said Mid-Sept
-- Then they said early last week
-- Then they said by the 23rd
Now they changed it again, but this time...They didn't even give a time frame. They just left us hangin.You can count on a huge sell off in the AM! This 4 times they changed it now!
DONT FOR GET THE DELAY OF THE STATEMENT
THAT'S 5 !!!
-------------------- All I say is IMHO.
I like these calm little moments before the storm... Reminds me of Bethoven Posts: 3255 | From: Orlando, FL | Registered: Mar 2006
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posted
Hile Schwabie * I'm doing the hand thing and goose stepping around my office* LMAO
quote:Originally posted by Schwabie:
quote:Originally posted by cottonjim: Schwab, don't forget relentless. He could be Secratary of Defense. Are you starting a company or a government? LOL
ITS A COMPANY WITH GOVERNMENT STRUCTURE
LOL
CAN'T PUT HIM BCUZ HE DOESNT POST HERE !
-------------------- If ignorance is bliss, why aren't more people happy? Posts: 2647 | From: MN | Registered: Feb 2006
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This is a fantastic company. I loaded up again after this PR. This is how you run a company. They are not worried about the day to day moves in the PPS. Love it.
"We apologize for the delay but we have taken the liberty to decide that posting complete and all-inclusive financials audits would be a better course of action rather than hastening to complete only portions of it".
Posts: 4381 | From: houston | Registered: Mar 2006
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They could have saved us all a lot of grief this weekend had they said they were going to do this before telling us they were posting them twice already.
PR QUOTE TODAY: "We have to ensure that these final audits meet all necessary standards and legal requirements as stated in all these different regions. We apologize for the delay but we have taken the liberty to decide that posting complete and all-inclusive financials audits would be a better course of action rather than hastening to complete only portions of it."
They should have said this right from the beginning, another company move that was not carefully thought out and planned.
Posts: 3070 | From: CT | Registered: Apr 2006
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quote:Originally posted by invester: This is a fantastic company. I loaded up again after this PR. This is how you run a company. They are not worried about the day to day moves in the PPS. Love it.
"We apologize for the delay but we have taken the liberty to decide that posting complete and all-inclusive financials audits would be a better course of action rather than hastening to complete only portions of it".
Some ppl get paid for saying that inv.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
There have been bumps in the road. You can expect that from any non-seasoned company. They aren't worried about day to day moves in PPS. I'm glad they are waiting to put the fins. out. It would be premature to PR them without looking them over. I'm taking them at there word, as they haven't done anything to make me think different. Business takes time. Audits take time. These are natural events in the life of a business. If they aren't out in a week or so, I will start to reconsider.
Posts: 4381 | From: houston | Registered: Mar 2006
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posted
At least they are being forthright and informing shareholders instead of the terrible silence that leads to speculation. I wouldn't want to have to chase this stock when financials are released which could be any time now...possibly today. The pr did say "slight delay" which leads everyone to interpret slight.
Posts: 660 | From: california | Registered: Nov 2005
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