SLJB Sets Release Date of Audited Financials: November 15, 2006
Internet Wire via COMTEX
Nov 3, 2006 12:50:43 PM
Deadline Called by Board... "If Not Sooner"
WINDSOR, ON, Nov 03, 2006 (MARKET WIRE via COMTEX News Network) --
Sulja Bros. Building Supplies Ltd. (PINKSHEETS: SLJB) today announced that the Board of Directors has completed the in-house review of their financial audit, and they have set a "date-certain" to release the information. CEO Petar Vucicevich stated today, "We have collectively agreed that on November 15, the audit will be posted for public inspection on www.suljabros.com. We also agreed that we would make every effort to post the document sooner than the 15th (November) if at all possible."
Vucicevich further stated, "We understand fully and completely the time issue involved and the necessity for complete accuracy in the audit report. This has taken much longer than anyone here could have possibly imagined. The end result for us however must and does remain constant. It is simply unacceptable for external factors to affect the accuracy of this report. And I am stating now that they have not. We set November 15th as an absolute deadline for public release of the financials, but we will make every effort to put the report out sooner."
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.
i really want to believe the pie in the sky story, but it's hard to accept it, rationally.
we all know Sulja is a real company. But a 100mm/year revenue company (proforma 2007)? Hrmm...
the contracts - cement, etc. falling through, everything has been on then off. A juxtoposition between execution and inked completion.
it's tough deciding if it's 'just a standard pink' or if the drive and commitment for execution is truly there to move to .ob and up. The handling of the AF has been a disaster, in my opinion. If they had released when they said they would, close to unaudited numbers, I have no doubts we would be above $1.00 right now.
been here since LFWK had averaged in at .025 ... now just waiting to see if I want to enter again. So hard to trust anything at this point... seems like more carrot dangling -- "heads up.. they're coming out the 15th! OR BEFORE!! So be on your toes don't be left out because ANYTIME they could come out!" kinda got over that already.. ya know..
Posts: 270 | From: Fullerton, CA | Registered: Mar 2006
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