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[QUOTE]Originally posted by Brianehu: [QB] Here's a very good post from SI: http://www.siliconinvestor.com/readmsg.aspx?msgid=23040947 The entire post: From: ProfitMaster 11/24/2006 9:10:32 PM Made my trip over to Canada...and was very impressed by what I saw. Took pictures, and asked some questions...all of which convinced me that they are doing well enough as a business to make the income they are claiming on the unaudited financials. I will be looking to confirm the overseas activities with the phone number and person they gave me to contact, and also to ask when the audited financials are coming out. Harrow is the main operation, and it is out in the country, but the inventory of building supplies they have there were quite extensive, both inside and outside. As for the location on Huron-Church St. (Windsor), that has closed and moved to Tecumseh, which is where all the new construction is going on, and was confirmed to me by the gentleman who showed me the inside of the building they are renting. It is an office/showroom, with walls being built to show off the samples they will eventually put in of windows, doors, and other products they sell. I was told that they just moved there to this new location on Wednesday, but that the Harrow operation is the main location where they ship everything from. Again, it was confirmed to me that they had moved their showroom/office to this new location to be where the new construction is. I know this to be true, as I have a friend who lives a couple of miles from that corner. This new office space is right on the corner of two main roads that are quite busy. It's at the end of E.C. Row Highway at the corner of Lesperance Rd. The buildings there are all newer looking, and have more of a professional appearance. The sign up is of a painting store, but they have several "Sulja" signs up to let people know that they are moving in there. They should have their name up shortly to replace the one that's there from the people that moved out of that office space. I had previously put a link in to a website with photos, and I see they now have more photos there. I will try to see if I can add the photos I took to that website, if possible, if not, I will try to make them available to anyone who wants to see them. It may take a little time, as I'm working with a new camera...so...please be patient if you want to see them. I also went to the Sams Building Supplies location and found quite a busy operation going on there, with a fairly large amount of inventory. When I called there, the woman asked me if I was coming for a quote, to which I was able to find out that they do mostly drywall contracting out of that location as a subcontractor. I got pictures there also. The only location that was unconfirmed was the one someone asked me to look into, which had the Mystic Homes office that Petar was supposed to be in charge of. I got a picture of the building, which housed many offices, but the suite #220 was empty with no name on the door, so I can't make any conclusion on that location other than it was moved. I don't really have much negative to say of the whole day, and I'm not worried about Petar's other enterprises. My only other focus is to ask this gentleman, who's name and number I got, about the audited financials, and about the overseas business. I don't doubt that they are able to do it, since they have the building supplies knowledge, and a business sense to bring the products to where the people need them. It doesn't take too much to make phone calls to cement suppliers, negotiate the purchasing of the materials, and have them shipped to an area that has a need (assuming that does turn out to be the case, and this is all good information we're getting). My wife is in export, and it doesn't take much to get the necessary customs documents and fill them out. Once the product is delivered, the payment should follow. I'm just saying that it's certainly not impossible, after what I witnessed today, for this business to be putting deals together around the world. I saw several trucks at the Harrow location (about five or six), with all the forklifts needed to move supplies around, trucks/forklifts at the Sams location, active business at the new location in Tecumseh (just outside of Windsor). I saw a parking lot full of cars at the Harrow location, to which I later realized that these were employee vehicles (15-20, or so), and one customer inside picking up a load of supplies. The office area was organized, with two people working the counter, and a few more out in the showroom area where the rows of shelving were holding the inventory of smaller supplies. There were also several people outside moving supplies, driving trucks in with supplies to be unloaded, etc... Again, I was impressed and convinced. Everything spoke of some definite money being made there, or they couldn't afford all the payroll, equipment, and warehousing/inventory costs. I know everyone wants to know about the AF's and the overseas activities, so I'll see what I can further come up with. By the way, that link to the photos again was: http://community.webshots.com/album/555694156uTQQbP pic 1 = The old location that was closed and moved to Tecumseh pic 2 = The Harrow location, with parking/offices on the left, warehouses in the middle, and trucks in front of more warehousing area on the right pic 3 = same as pic 2, but slightly different angle pic 4 = I don't recognize this arial photo that was posted pic 5 = I didn't see this Kore address location pic 6 = I'm assuming that's Petar (without sunglasses) inside the warehouse area in Harrow. He would be standing in the open warehouse area on the right in pic #2 (above), behind where the trucks are parked. pic 7-11 = These are all new pics that I don't recognize...the caption says, "Sulja home," so I don't know if that means their personal residence, or just a house that they are building, or a house that is using their supplies, or just what... pic 12 = This is at night at the old location from what I can tell (I didn't take any of these, but saw what's in some of them anyway) pic 13 = Sulja truck that I saw at the Harrow location (or at least one like it) pic 14-15 = This is the new location in Tecumseh, but still has the old "Merlo's Paint and Wallpaper" sign up...to be changed soon. pic 16 = arial shot I do not recognize pic 17 = The Sam's Building Materials location that I also went to pic 18-20 says "Milwaukee" in the caption, but I'm not sure what it is, other than a possible Sulja location. pic 21-24 same as #18-20 I'm convinced enough to buy more SLJB stock, once I can call the number I was given, and am satisfied with their answers/reasons on the AF's, and overseas projects. Let me know if you find anything out, and I'll try to get those photos online as soon as I can. Thanks, Mark P.S. Point Pelee was an awesome view...which my wife and I drove to after all this investigating. [/QB][/QUOTE]
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