posted October 20, 2006 05:31 PM --------------------------------------------------------------------------------
quote: -------------------------------------------------------------------------------- Originally posted by IMAKEMONEY: YA BABY! --------------------------------------------------------------------------------
DONT CALL ME BABY, I'M NOT GAY -------------------------------------------------------------------------------- Posts: 2809 | Registered: Jun 2004 | IP: Logged |
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!
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this is from someone who has done a lot of DD on SLJB. Here are his/her projections FWIW.
Posted by: allinone In reply to: None Date:10/21/2006 8:36:53 AM Post #of 126695
Good morning everyone! Hope some got some sleep! "Your Welcome" is the response I will give to the many who have PM'd me re the DD that was provided. Just my part of the puzzle being put together by many here. Now to the many who want to know what my price prediction is and the time frame. I will take a few things into consideration when I put this pricing plan together. First the huge short position currently held from the old days of LFWK and second the validation with the uplisting that the audited financials will give to the company!! And last but certainly not the least, the 2006-2007 projected revenue. Anyone heard of a pink sheet with audited financials? Anyone heard of a pink sheet stock with projected next year earnings of possibly $750 million??? Just as I thought, NO!!! By researching other PINK CRAP that has run to $4.00 and above on NO REVENUE, NO FUTURE PROJECTED REVENUES, etc. etc. etc., I see this stock possibly running to the $7.00 area initially while everyone tries to get on the boat and the shorts try to cover. Remember their start point was in the .40 range about a year ago. If the projected revenues for 2006-2007 do in fact get upped to $750 million, due to the recently announced cement deal, then the valuation of the stock will be around $12.00 in one year. The one year time frame is because they will have to show the actual revenues meeting the projected revenues in actual financials. I think in the short run, within 3 months we will see a swing of present levels to the $7.00 area settling back into the $4.00 to $5.00 range. I think many more contracts will be announced shortly and the Balance Sheet with assets from UAE will continue to support that SLJB is no longer a pink sheet stock, nor an OTC BB stock but in fact a NASDAQ stock, as commented by the CEO of the company! Remember, when they are listed on the NASDAQ, many institutional buyers MUST buy the stock due to their indexed portfolio's of the NASDAQ. Many of you here have only dealt with penny stocks and some play them successfully. This time your pennies are going to turn into life changing dollars, imho. You can sell for penny's if you wish but IMHO you will be sitting back with a gun to your head in about 4 months going "WHY DID I SELL THIS EARLY"! Again, thanks for the kind words folks and for those who have always believed and supported the company, CONGRATULATIONS!!!! jmho
My Crystal Balls are my own, do your own DD before you invest!
-------------------- The difference between genius and stupidity is that genius has its limits
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Spaceheater….that is what I am saying. One year. May 05- May 06. I have promised nothing else and that is what I am posting next week. I want that to very clear to all.
posted
Posted by: JJSeabrook In reply to: None Date:10/21/2006 9:44:06 PM Post #of 127049
ANOTHER $98M IN REVS & MORE TO COME:
Petar says:
Hi Jerry: Over the past couple of months we have managed to put together new concrete deals locating suppliers in Polland and Buyers throughout the ME region. I just signed on Wednesday one deal for $98,000,000.00 and there is more to come. Awaiting banking docs. from buyer.
Comment by Petar October 21st, 2006 * 9:42 pm
-------------------- The difference between genius and stupidity is that genius has its limits
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posted
Here's the entire conversation tonight. Juicy stuff. AF PR late in the day Monday...
• Petar says: Hello. Comment by Petar October 21st, 2006 * 8:45 pm
suljaholder says: Hello. Everyone’s excited. Hope you’re having a good weekend, Petar. How is your AF review going? If I might as a 2nd question, do you still feel the 2007 pro forma is on track? And/or the $124M Germany deal (Emaar) and the $350M cement contract? Thank you! Comment by suljaholder October 21st, 2006 * 8:47 pm
• Petar says: AF review is very boring but must be done of course. As far as future contracts are concerned, I fell our offices in the Middle East will easily reach their targets. Our Egypt office is actually looking into the partial purchase of a cement plant. Very expensive but very profitable. Hope you are having a good weekend also. Comment by Petar October 21st, 2006 * 8:55 pm
• eelfland says: Hey! I’ve been appreciating the good work you’ve been doing. I know you’re going to release the audited numbers as soon as you get to it, so I’m not worried about that, but I would like to be reassured that the big cement deal is still on, and if there are any other similar deals in the works that we can look forward to. Again, thanks! Comment by eelfland October 21st, 2006 * 8:55 pm
• Petar says: I will be announcing some completed deals very shortly. Comment by Petar October 21st, 2006 * 8:58 pm
• Davecast says: Hello Petar, How do you find time to spend with us, surely time is at a pemium for you. We do appreciate the effort you have put into satisfying our appetite for information. We look forward to a great Monday. Comment by Davecast October 21st, 2006 * 8:58 pm
• Petar says: I wish I had more time to spend with all of you. Unfortunately, however, I do have a job to do. I am hoping that late Monday I will be able to post what everybody is waiting for. There is nothing that would make me happier. I should really have our people clean up this site again. Either that or I just don’t know how to work it too well. Comment by Petar October 21st, 2006 * 9:02 pm
• Angela says: Hi, Petar Is Marquee still the IR firm representing Sulja? Thanks Angela Comment by Angela October 21st, 2006 * 9:02 pm
Petar says: Hey Angela. It was nice to have finally met you. Marquee has done a wonderful job representing our firm in the past. I believe that every firm and its board should be directly responsible to the shareholders. This is why I have made the decision to handle IR in house. Marquee did the best they could with the information they were provided, however, at this time it will be my staff and I who will be handling IR. I would like to that thank the people of Marquee for all the hard work and taking a few on the chin for me. Comment by Petar October 21st, 2006 * 9:09 pm
• papajohns says: Is it fair to assume that there are minimal issues in the audit regd your 2006 financial statements? Comment by papajohns October 21st, 2006 * 9:08 pm
• Petar says: This audit touches very little on the 2006 year. Our year end was May 31 in the past but has been changed to Dec. 31 now. Comment by Petar October 21st, 2006 * 9:11 pm
• sue says: Good evening Petar, I trust you are feeling better, I was just wondering if you have completed that purchase of the lumber mills. I believe you said there were two mills, one in BC and the other in Seattle/Seattle area? Comment by sue October 21st, 2006 * 9:10 pm
Petar says: The company who owns the mill has reconsidered the original sale price since a resolution has been reached on softwood lumber tariffs. We are now forced to revisit the project and see if the higher cost still works. Comment by Petar October 21st, 2006 * 9:15 pm
• Jerry says: Petar, Thank you very much for your update, we all know how busy you must be, and to find a little time for us means a lot. Keep up the good work. Jerry Long on SLJB Comment by Jerry October 21st, 2006 * 9:15 pm
• Petar says: I’m sorry…my answers seem so rude and short. Under meds tonight: don’t want to appear rude. Comment by Petar October 21st, 2006 * 9:17 pm
• sue says: There are many investors who post here as well as the IHUB board. I know many of them would like to have the opportunity to meet and speak to you on a face to face basis. Have you considered a stockholder meeting, perhaps in windsor. I believe thay have at least one very large hotel which would be capable of a large group of people. Comment by sue October 21st, 2006 * 9:16 pm
• Petar says: Nothing but room in Windsor. Everybody is welcome to visit. I am sure the tourism bureau will love it. Comment by Petar October 21st, 2006 * 9:19 pm
Petar says: I would really rather have it somewhere warm. Comment by Petar October 21st, 2006 * 9:20 pm
• spaceheater says: So you’re saying that this audit will encompass the period up through May 31, 2006? Will it also be for three years to satisfy a requirement for listing on DIFX? Comment by spaceheater October 21st, 2006 * 9:20 pm
• Petar says: Spaceheater….that is what I am saying. One year. May 05- May 06. I have promised nothing else and that is what I am posting next week. I want that to very clear to all. Comment by Petar October 21st, 2006 * 9:24 pm
• Jerry says: Petar, That wasn’t a signed deal on the purchase of the mill. Now can we loose that deal? Thanks Jerry. Comment by Jerry October 21st, 2006 * 9:20 pm
• Petar says: It was a signed deal with stipulations, one of which was the return of funds to the Canadian mill by the US government. We would retain those funds under the original agreement. Their lawyers seem to have a different interpretation of this matter. Comment by Petar October 21st, 2006 * 9:27 pm
papajohns says: Petar, So I guess the year 2005 is from June 2005 - may 2006? If so, is the audit with minimal issues or are there any major restatements? Apologize if this question seems persistent. Comment by papajohns October 21st, 2006 * 9:24 pm
• Petar says: Well papa….I really don’t want to answer too many questions about the audit * this time (and yes your dates are correct). I’m sure I will be doing enough of that shortly. Comment by Petar October 21st, 2006 * 9:30 pm
• fdjr13 says: Can you answer anything about the DIFX listing?? Will you try to get listed and when? Comment by fdjr13 October 21st, 2006 * 9:28 pm
• Petar says: fdjr13: As we speak our people are looking into that matter. I have nothing to report at this time. Comment by Petar October 21st, 2006 * 9:33 pm
• abbam says: Also, are you going to supply the materials for construction of the world trade center ? Comment by abbam October 21st, 2006 * 9:32 pm
Petar says: abbam: We were not formally invited to do so and I am not certain that any contracts at that level have been awarded. A project that large so far from our North American Locations really doesn’t make sense. Comment by Petar October 21st, 2006 * 9:35 pm
• mksdaddy1 says: I was hoping the tariff refund was coming our way but I can see why the are balking (not laughing). Maybe split it with them and move on??? Comment by mksdaddy1 October 21st, 2006 * 9:34 pm
• Petar says: mksdaddy: That’s the way I negotiated the deal. Obviously nobody thought the refunds would be coming so soon. Comment by Petar October 21st, 2006 * 9:37 pm
• Jerry says: Petar, is the 350 mm concrete deal, a done deal for us. Thank You. Comment by Jerry October 21st, 2006 * 9:37 pm
• Petar says: Hi Jerry: Over the past couple of months we have managed to put together new concrete deals locating suppliers in Polland and Buyers throughout the ME region. I just signed on Wednesday one deal for $98,000,000.00 and there is more to come. Awaiting banking docs. from buyer. Comment by Petar October 21st, 2006 * 9:42 pm
mksdaddy1 says: You the man! (lumber mill deal) But the cement deal? That wasn’t lost with the phone call issue? You got a lot of investers waiting for that answer. You got the $4 they way we figure without it. How about a bone? Comment by mksdaddy1 October 21st, 2006 * 9:40 pm
• Petar says: First deal was lost daddy. Simply went to find more. That is why you guys are paying me right? Comment by Petar October 21st, 2006 * 9:44 pm
• fdjr13 says: Petar…Last one from me..How long before AF’s are filed on EDGAR??? Frank Comment by fdjr13 October 21st, 2006 * 9:43 pm
• Petar says: Fdjr13: As soon as they recieve them….same time I post here. Very soon I hope since they are actually in hand. Would be nice to turn the page wouldn’t it? Comment by Petar October 21st, 2006 * 9:46 pm
• mksdaddy1 says: By the by, if we voted, I would vote to purchase the cement factory. We/you’ll need it later anyway! Go for it! I’m here for years not months! Comment by mksdaddy1 October 21st, 2006 * 9:44 pm
• Petar says: I promise you daddy…A purchase this large….I would love to share some of the responsibility with all of you. (voting on it) Comment by Petar October 21st, 2006 * 9:48 pm
• papajohns says: Petar, Not that you need to be told, but isn’t details on new contracts confidential information? Or is it OK because this website **** is considered ‘public’ space? Comment by papajohns October 21st, 2006 * 9:47 pm
• Petar says: I am CEO sharing with my shareholders info. on completed deals. I see nothing “insider” about it. For all I know you are not investors or are twelve years old. (But I will ask the lawyers thanks. Don’t feel like spending time with Martha during Xmas) Comment by Petar October 21st, 2006 * 9:51 pm
• cactus says: Petar–Could you please give an approximate cost of the audit procedure that we just completed? Comment by cactus October 21st, 2006 * 9:50 pm
Petar says: cactus: I am truly sorry but I simply could not answer that question with any certainty. I am sure it wasn’t cheap. Comment by Petar October 21st, 2006 * 9:53 pm
• Angela says: Lets have the party in Fort Lauderdale! Comment by Angela October 21st, 2006 * 9:51 pm
• Petar says: Vagas Comment by Petar October 21st, 2006 * 9:54 pm
• Petar says: Thank you all very much again. I am not feeling well and really need to catch up on my sleep. I will be back soon and I promise I will answer some of the questions in the forum (once someone could explain to me why I can’t reply). Thank you again and good night. Comment by Petar October 21st, 2006 * 9:57 pm
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posted
I see Petar responded to a few questions over the weekend.
You guys all liked them huh? They satisfied every question/concern you've all had?
I'm glad he answered SOMETHING, although not at all what I would have liked to have heard.
I think he was very vaque, and skipped around a few questions.
Other than the audited's being released tomorrow, I feel that we got very little out of these conversation posts.
suljaholder says: Hello. Everyone’s excited. Hope you’re having a good weekend, Petar. How is your AF review going? If I might as a 2nd question, do you still feel the 2007 pro forma is on track? And/or the $124M Germany deal (Emaar) and the $350M cement contract? Thank you!
• Petar says: AF review is very boring but must be done of course. As far as future contracts are concerned, I fell our offices in the Middle East will easily reach their targets. Our Egypt office is actually looking into the partial purchase of a cement plant. Very expensive but very profitable. Hope you are having a good weekend also.
Do you still feel the 2007 pro forma is on track? He skips over this one and doesn't respond about the Germany deal (Emaar).
• eelfland says: Hey! I’ve been appreciating the good work you’ve been doing. I know you’re going to release the audited numbers as soon as you get to it, so I’m not worried about that, but I would like to be reassured that the big cement deal is still on, and if there are any other similar deals in the works that we can look forward to. Again, thanks!
• Petar says: I will be announcing some completed deals very shortly. Avoids answering the question about the original big cement deal.
• Davecast says: Hello Petar, How do you find time to spend with us, surely time is at a pemium for you. We do appreciate the effort you have put into satisfying our appetite for information. We look forward to a great Monday. With all the comments/questions out there, this is the one we choose??
• Petar says: I wish I had more time to spend with all of you. Unfortunately, however, I do have a job to do. I am hoping that late Monday I will be able to post what everybody is waiting for. There is nothing that would make me happier. I should really have our people clean up this site again. Either that or I just don’t know how to work it too well. So, Monday it is he's saying.
• Angela says: Hi, Petar Is Marquee still the IR firm representing Sulja?
Petar says: Hey Angela. It was nice to have finally met you. Marquee has done a wonderful job representing our firm in the past. I believe that every firm and its board should be directly responsible to the shareholders. This is why I have made the decision to handle IR in house. Marquee did the best they could with the information they were provided, however, at this time it will be my staff and I who will be handling IR. I would like to that thank the people of Marquee for all the hard work and taking a few on the chin for me. Not surprised.
• papajohns says: Is it fair to assume that there are minimal issues in the audit regd your 2006 financial statements?
• Petar says: This audit touches very little on the 2006 year. Our year end was May 31 in the past but has been changed to Dec. 31 now. Doesn't appear that many knew this.
• sue says: Good evening Petar, I trust you are feeling better, I was just wondering if you have completed that purchase of the lumber mills. I believe you said there were two mills, one in BC and the other in Seattle/Seattle area?
Petar says: The company who owns the mill has reconsidered the original sale price since a resolution has been reached on softwood lumber tariffs. We are now forced to revisit the project and see if the higher cost still works. So the answer is NO.
• Jerry says: Petar, Thank you very much for your update, we all know how busy you must be, and to find a little time for us means a lot. Keep up the good work. Jerry Long on SLJB Here we finally have Petar where we want him, and the above poster wastes a question on that?!
• Petar says: I’m sorry…my answers seem so rude and short. Under meds tonight: don’t want to appear rude. Not rude, not short,..you simply just don't know how to respond to them.
• sue says: There are many investors who post here as well as the IHUB board. I know many of them would like to have the opportunity to meet and speak to you on a face to face basis. Have you considered a stockholder meeting, perhaps in windsor. I believe thay have at least one very large hotel which would be capable of a large group of people.
• Petar says: Nothing but room in Windsor. Everybody is welcome to visit. I am sure the tourism bureau will love it. Still doesn't actually say if he'll meet them.
• spaceheater says: So you’re saying that this audit will encompass the period up through May 31, 2006? Will it also be for three years to satisfy a requirement for listing on DIFX?
• Petar says: Spaceheater….that is what I am saying. One year. May 05- May 06. I have promised nothing else and that is what I am posting next week. I want that to very clear to all. So,..Spaceheater is saying that the DIFX has a three year requirement to up list and Petar clearly says he has only ONE year and promised nothing more. Where was the assumption made then.So, I guess that means no DIFX up listing then?
• Jerry says: Petar, That wasn’t a signed deal on the purchase of the mill. Now can we loose that deal? Thanks Jerry.
• Petar says: It was a signed deal with stipulations, one of which was the return of funds to the Canadian mill by the US government. We would retain those funds under the original agreement. Their lawyers seem to have a different interpretation of this matter. OK, got something answered.
papajohns says: Petar, So I guess the year 2005 is from June 2005 - may 2006? If so, is the audit with minimal issues or are there any major restatements? Apologize if this question seems persistent.
• Petar says: Well papa….I really don’t want to answer too many questions about the audit * this time (and yes your dates are correct). I’m sure I will be doing enough of that shortly. Oh,...I'll bet on it.The next few days will be very busy for you. lol
• fdjr13 says: Can you answer anything about the DIFX listing?? Will you try to get listed and when?
• Petar says: fdjr13: As we speak our people are looking into that matter. I have nothing to report at this time. Avoided this because he only has one year instead of the needed three.So, he should have told this poster that he hasn't met the needed acquirements as stated by poster space above.
• abbam says: Also, are you going to supply the materials for construction of the world trade center ?
Petar says: abbam: We were not formally invited to do so and I am not certain that any contracts at that level have been awarded. A project that large so far from our North American Locations really doesn’t make sense. Of course they're not going to offer HIM that.
• Jerry says: Petar, is the 350 mm concrete deal, a done deal for us. Thank You.
• Petar says: Hi Jerry: Over the past couple of months we have managed to put together new concrete deals locating suppliers in Polland and Buyers throughout the ME region. I just signed on Wednesday one deal for $98,000,000.00 and there is more to come. Awaiting banking docs. from buyer. LOL! Again he is skating over the poster's question, this is the second time asked about theORIGINAL cement deal, he answers only by saying he is putting together others. Why hasn't he told us about this newly SIGNED 98,000,000.00 one before?Who are they? Where are they? When was he planning on pr-ing this?He usually jumps at the chance to tell us this type of news.
mksdaddy1 says: You the man! (lumber mill deal) But the cement deal? That wasn’t lost with the phone call issue? You got a lot of investers waiting for that answer. You got the $4 they way we figure without it. How about a bone? LOL! That a boy! He noticed it was skipped over twice, and won't let it go! Nice asking about the 4 bucks too!
• Petar says: First deal was lost daddy. Simply went to find more. That is why you guys are paying me right? Now,...he had to answer. Made it short though.
• fdjr13 says: Petar…Last one from me..How long before AF’s are filed on EDGAR??? Frank
• Petar says: Fdjr13: As soon as they recieve them….same time I post here. Very soon I hope since they are actually in hand. Would be nice to turn the page wouldn’t it?
As soon as THEY recieve them? What kind of response is that? When Petar? WHEN was the question.
• mksdaddy1 says: By the by, if we voted, I would vote to purchase the cement factory. We/you’ll need it later anyway! Go for it! I’m here for years not months!
• Petar says: I promise you daddy…A purchase this large….I would love to share some of the responsibility with all of you. (voting on it) **Petar forgot to mention that he won't be here for years with mksdaddy, sharing some of the responsibility, because he only has five more months with us, then he's outta here. (As previously mentioned in a pr.)
• papajohns says: Petar, Not that you need to be told, but isn’t details on new contracts confidential information? Or is it OK because this website **** is considered ‘public’ space? Hmm. Good question.
• Petar says: I am CEO sharing with my shareholders info. on completed deals. I see nothing “insider” about it. For all I know you are not investors or are twelve years old. (But I will ask the lawyers thanks. Don’t feel like spending time with Martha during Xmas) A little too late to ask the lawyers, don't ya think!
• cactus says: Petar–Could you please give an approximate cost of the audit procedure that we just completed? Cactus,..come on now. That's the one question you wanted to know? You have Petar practically in the palm of your hand, and that's what's eatin you?
Petar says: cactus: I am truly sorry but I simply could not answer that question with any certainty. I am sure it wasn’t cheap.
• Angela says: Lets have the party in Fort Lauderdale!
• Petar says: Vagas That's 'VEGAS' Mr. CEO. Is this get together going to be within the next five months?
• Petar says: Thank you all very much again. I am not feeling well and really need to catch up on my sleep. I will be back soon and I promise I will answer some of the questions in the forum (once someone could explain to me why I can’t reply). Thank you again and good night.
Let's not forget that you need to think about the answers too.
Quote: (once someone could explain to me why I can’t reply). What does that mean? He replied pretty good to me.
-------------------- ~You aren't wealthy until you have something money can't buy.~
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Spaceheater….that is what I am saying. One year. May 05- May 06. I have promised nothing else and that is what I am posting next week. I want that to very clear to all.
Comment by Petar October 21st, 2006 * 9:24 pm
NO DIFX UP LISTING.
To list on the DIFX, a company must provide:
Accurate financial statements and audit reports for THREE consecutive years.
Evidence of good corporate governance.
Accurate corporate information in a timely manner to everyone at the same time.
posted
maybe our OB should adopt that 3 year audit rule. Will be interesting enough to see a KMPG stamp on those fins (even with KMPG's sour history). I am looking for the edgar filing. IMO this will have some good life in it this week but until it hits edgar and has the overseas connection spelled out in black and white I wouldn't look for that $ sign.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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posted
hello everyone, well hopefully this is the week everyone has been waiting for (expect the bashers and the shorts) but looks like we SHOULD have the AFs by this time tomorrow night according to PV reply on the ****....well I just wanted to jump in and wish everyone the best (except the shorts hehe) but have a good night and see all of you guys by weeks end....GLTA.!!
-------------------- Dont take my advice, due your own DD
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