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.
Posted by 10of13 on :
Lmao!
Posted by Repoman75 on :
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!
Posted by Wit on :
Wheww,....a new home! IMAKE, your PM is full.
Posted by Schwabie on :
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
Posted by Wit on :
I honorably accept Schwab!! LOL!!!
Posted by Wit on :
Schwab,....let's tell the mods to lock the other thread!!! LMAO!!!
Posted by cottonjim on :
Schwab, don't forget relentless. He could be Secratary of Defense. Are you starting a company or a government? LOL
Posted by Schwabie on :
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 !
Posted by Wit on :
Very, very good Cottonjim!!
Your really on the ball!!!
Good one!
Where's he been, I could use him right about now!! LOL
Posted by IMAKEMONEY on :
YOUR BAD. NOT YET .105 STILL
Posted by Schwabie on :
RELENTLESS PUT THIS STOCK UNDER HIS LIST OF
STOCK SCAMS
I THINK HE WOULD FIT RIGHT IN HERE
LMAO
Posted by cottonjim on :
He's busy with the kids last I heard
Posted by Ace of Spades on :
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.
Posted by Schwabie on :
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 !!!
Posted by Wit on :
That's one too many!
Posted by Wit on :
Maybe their going to keep delaying till they dump all.
Posted by klondike on :
Just checking in on the new. Posted by cottonjim on :
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 !
Posted by stockinthemud on :
What's everyone's prediction on when the fins will be out? I'm guessing Thurs. by noon.
Posted by Ace of Spades on :
quote:Originally posted by stockinthemud: What's everyone's prediction on when the fins will be out? I'm guessing Thurs. by noon.
The last two weeks, SLJB proved to us that making predictions about the fin's...is useless.
Posted by renrob05 on :
If this hits single digits tomorrow ...i will load the boat.
Posted by IMAKEMONEY on :
Get ready to load.JMO
Posted by invester on :
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".
Posted by Wit on :
Petar is allowing us to drop, yet again.
Posted by IMAKEMONEY on :
This is how you run a company,WTF Posted by Wit on :
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.
Posted by Ace of Spades on :
quote:Originally posted by IMAKEMONEY: This is how you run a company,WTF
LoL
I think they change the CEO, the same # of times as the Audited Financials Release Date. Posted by BooDog on :
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.
Posted by renrob05 on :
quote:Originally posted by IMAKEMONEY: Get ready to load.JMO
Audit is done...just a matter of signing it off and posting them. That's my take on it.
Bring on the single digits.
I don't think they will last that long.
Posted by IMAKEMONEY on :
Where is are big time company that is doing this audit? and why do they need to look them over didnt they pay the bill? LMAO
Posted by invester on :
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. Posted by IMAKEMONEY on :
Where is are big time company that is doing this audit? and why do they need to look them over didnt they pay the bill? LMAO
Posted by lukin4winners on :
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.
Posted by Wit on :
lukin-
The thing with that statement is that,...they previously said the release was "Mid September",
then,...they said "BY September 23rd",....SOOOO,...how can we trust that "SLIGHT" will really be just that.
We'll see.........sooner I hope than later.
Posted by Schwabie on :
quote:Originally posted by lukin4winners: 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.
SHORTLY IN PINKY LAND COULD MEAN 1 DAY TO 6 MONTHS !!!
Posted by invester on :
The fact that people don't understand that business, as well as audits take time baffles me. Yes they were wrong to put an exact date to something they have no control over "the audit", but to say you can't trust them is absurd. They have been forthright, and overly out in the open with PR's. For this to be a scam, and for anyone to think so is crazy. They have used two of the biggest names in the business. I read people, and situations VERY well. You can believe this is a scam all you want, all the while missing the boat on one of the greatest opportunities you will see. This is an emerging corporation here. No mere company.
Posted by BooDog on :
I don't think it's scam. What they are doing with the PR game and being elusive about the audit's arrival and stating they have to doctor the audit to be elaborate about world market figures tells me they are further behind than they are saying. That's about a page in 1 paragraph. They were supposed to give all the data and the suggested format at the beginning of the audit no? They should not be able to change the audit once completed no? The last pr made people think it was in their hands - not sure why but some did think that. Could it be they are nearing or in the final review stage? possible. We'll see. A lot of #'s for sure.
Posted by Wit on :
Boo-
Good & logical points made. Not pumping, not bashing, making sense.
You are right about the elusiveness.
You are right regarding them holding this up, NOT the auditor's as some are claiming.
They should have provided ALL of the needed information beforehand.
They should not be able to 'doctor the document'. I certainly hope that's not happening.
Posted by invester on :
Where do you guys come up with this stuff. "doctor the documents"? Come on. Th
Posted by invester on :
Where do you guys come up with this stuff, "doctor the documents"? Get real.
Posted by a surfer on :
quote:Originally posted by invester: Where do you guys come up with this stuff. "doctor the documents"? Come on. Th
I was wondering the same thing invester...hmm
Posted by Wit on :
Well, who knows what they're doing guys?.
Posted by IMAKEMONEY on :
WELL RIGHT NOW THERE TAKEN US BACK UNDER A DIME.IMO
Posted by Wit on :
Many have questions as to what they're doing.
From another board: 25 Sep 2006, 06:36 PM EDT Msg. 3816 of 3830 Jump to msg. # YET ANOTHER BIZARRE PRESS RELEASE BY SULJA
So now the company wants to make sure that the audits are "done properly"?
What is this?
That is what the big four accounting firm is for...
and what is this?:
"we had to make sure that all companies under the Sulja Bros. umbrella operation are taken in consideration."
So the accounting firm was not auditing all the companies that are under SLJB?
Was SLJB planning on posting only a partial audit?
Posted by mo-rydr on :
quote:Originally posted by Wit: Many have questions as to what they're doing.
From another board: 25 Sep 2006, 06:36 PM EDT Msg. 3816 of 3830 Jump to msg. # YET ANOTHER BIZARRE PRESS RELEASE BY SULJA
So now the company wants to make sure that the audits are "done properly"?
What is this?
That is what the big four accounting firm is for...
and what is this?:
"we had to make sure that all companies under the Sulja Bros. umbrella operation are taken in consideration."
So the accounting firm was not auditing all the companies that are under SLJB?
Was SLJB planning on posting only a partial audit?
And are they talking just about the audits or are they preparing the uplisting doc's?
Posted by mo-rydr on :
quote: -------------------------------------------------------------------------------- Originally posted by mo-rydr: Now let me tell you what I really think, and this is how I have felt about this all along. When Dennis (LFWK) sold the "public vehicle" to Petar (CCN via SLJB) they both were intent on sticking it to the NSS's and get this uplisted. There is another group that Petar is not so happy with and that is the type of traders he referred to as the ones with the GFYM attitude.
I think all of the things going on lately (CEO changes, Marquee fiasco, delayed audit, etc) have been strategical wranglings to put the MM's off balance and also mess with the traders he don't like. (I referred to it before as him doing the rope-a-dope.) When the time is right he is going to come out with the heavy-hitting releases that will push this stock through the roof.
Hang in there longs, I believe this investment will pay off in aces.
as always, JMHO --------------------------------------------------------------------------------
"No one knows the day or the hour... be ready." (Jesus - go check out your Bible)
Posted by lukin4winners on :
I wouldn't want to chase SLJB when the AF comes out which I believe should be very soon possibly today.
Posted by Wit on :
[QUOTE] Originally posted by mo-rydr :
And are they talking just about the audits or are they preparing the uplisting doc's ?
I'm not too sure what they meant. If I had to guess, audited's.
Would be nice if they also made preparation for uplisting at the same time, they need to redeem themselves from this recent fiasco.
Posted by IMAKEMONEY on :
Posted by Schwabie on :
quote:Originally posted by Wit: Not too much to talk about, we're kind of at a dead end, till we get some kind of news.
OMG,
GUYS HAND ON !
THEY FOUND A CURE FOR CANCER !!!
ONLY PROBLEM IS THAT THE CURE WAS DELAYED AND
THAT THEY DELAYED THE ACTUAL DELAY OF THE DELAY
HOPE THAT MAKES SENSE !
LMAO
P.S. THIS ANNONCEMENT WAS ALSO DELAYED
P.S.S. LET'S SEEE WHAT ELSE THEY DELAY
P.S.S.S. I WONDER IF WE WILL EVEN HAVE THE AF A MONTH FROM NOW
DISCLAIMER:
THIS IS A JOKE !!!
***DISCLAIMER IS FOR THOSE PEOPLE THAT DO NOT UNDERSTAND SARCASM AND JOKES***
I REPEAT THIS IS NOT A PR !!!
LET ME REITERATE...
THIS IS NOT REAL INFORMATION.
I THINK IM COVERED NOW
LMAO !!!
Posted by BooDog on :
LMAO schwabie
Posted by renrob05 on :
No single digit today...maybe tomorrow.
Posted by MoneyMoneyMoney on :
quote:Originally posted by IMAKEMONEY: WELL RIGHT NOW THERE TAKEN US BACK UNDER A DIME.IMO
I sold at .17 cents. Made a pretty good profit from .065! Goodbye SLJB and all, good luck the rest of the way.
Posted by IMAKEMONEY on :
Way to play 3M.
Posted by lukin4winners on :
SLJB looks good today .125x.13 and news imminent on the audited financials...
Posted by Schwabie on :
YES,
IMMINENT IN PIKYLAND MEANS ANYWHERE BETWEEN NOW UP TILL NEVER !
COULD BE NOW, COULD BE A YEAR FROM NOW... COULD BE NEVER !
ITS A PINK !
THEY DO WHAT THEY DO BEST...
LIE LIE LIE !!!
LMAO
Posted by trade04 on :
lol * schwab...sljb holding up alright, last run to .20 was sweet though, hope it happens again im riding 50k free * .10 8-)
Posted by Schwabie on :
quote:Originally posted by trade04: lol * schwab...sljb holding up alright, last run to .20 was sweet though, hope it happens again im riding 50k free * .10 8-)
GOOD JOB !!!
Posted by IMAKEMONEY on :
And were back,lol, For how long who knows? Posted by Schwabie on :
YES, WAIT A FEW MORE DAYS WITH NO FINANCIALS
AND PANICK WILL KICK IN.
Posted by juice on :
yep, get out and get in nvmg Posted by djg7 on :
Juice, I'm already in NVMG, I hate to say this but SLJB is now reminding me of NDOL during the run only that SLJB never got close to a dollar. Don't mean to bash but this is not looking good right now. Creditibility from SLJB seems to be shot. I'm glad I took my profit. Remember I only call it as I see it and I am not always right.
Posted by Jo4321 on :
quote: ... I hate to say this but SLJB is now reminding me of NDOL during the run only that SLJB never got close to a dollar...
quote:Originally posted by djg7: Juice, I'm already in NVMG, I hate to say this but SLJB is now reminding me of NDOL during the run only that SLJB never got close to a dollar. Don't mean to bash but this is not looking good right now. Creditibility from SLJB seems to be shot. I'm glad I took my profit. Remember I only call it as I see it and I am not always right.
I'M IN TOO !
SINCE .007 & .013
Posted by IMAKEMONEY on :
sell it!
Posted by Schwabie on :
quote:Originally posted by IMAKEMONEY: sell it!
I DID AT .03 !
Posted by IMAKEMONEY on :
YA BABY! Schwabie THE MAN!! BUT THATs WHAT SOME THINK.
![[Eek!]](eek.gif)
![[Roll Eyes]](rolleyes.gif)
![[Wink]](wink.gif)
![[Razz]](tongue.gif)
NOT YET .105 STILL
![[Confused]](confused.gif)
![[Smile]](smile.gif)
![[Big Grin]](biggrin.gif)
![[Mad]](mad.gif)
![[Cool]](cool.gif)