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NEWS!!!! Sulja Bros. Building Supplies, Ltd. Seeks Listing on the Dubai International Financial Exchange Thursday August 3, 3:14 pm ET
WINDSOR, ON--(MARKET WIRE)--Aug 3, 2006 -- Sulja Bros. Building Supplies, Ltd. (Other OTC:SLJB.PK - News) is seeking a listing on the Dubai International Financial Exchange. The new United Arab Emirates exchange is dedicated to becoming a global financial hub. ADVERTISEMENT
A Wessal International Group spokesperson commented: "Recent deals have generated great interest in Sulja Bros. Building Supplies, Ltd. We are now working with one of the largest investment banking firms to complete the listing of Sulja Bros. Building Supplies, Ltd. on the Dubai International Financial Exchange."
CEO Steve Sulja stated: "Our recent dealings in the Gulf Region have greatly attracted the attention of the regional investors. We are very excited and working diligently to provide these savvy investors with a Dubai listing. We warmly welcome the Middle Eastern investors to the Sulja family of shareholders and look forward to even further expansion in this and other regions."
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.
Contact:
-------------------------------------------------------------------------------- Source: Sulja Bros. Building Supplies, Ltd.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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if they list on the uae exchange will this affect our sljb stock here in the usa.
Posts: 109 | From: canada | Registered: Jan 2006
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This is good news. The Saudi's can throw cash at this.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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but if they open on a new exchange wont our shares be diluted
Posts: 29 | From: Louisville, KY and Cambridge MA | Registered: Jul 2006
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IS this a POS...I mean seriously they have been throwing PR's out like crazy, revenues are what like $300 million in the next 2 years, with good net earnings, and we trade at .11
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
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Looks like they are showing little pieces of the GIANT puzzle. Something big is in the works, and it will take a while to put everything together. I believe this is the same exchange Emaar is traded on. IMO something big is going on between these two companies. We'll see. GLTA
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This is good news. They will be working mainly in that part of the world and I believe investors in the Dubai region will take notice. If they take off on the Dubai exchange we should move with them!
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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I'm not so sure that people will like that idea. We need more information. I think this could cause a sell off. IMO
Posts: 482 | From: NJ | Registered: Apr 2006
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The MMs maybe thinking the same thing. Sell off. Drop the bid and ask and collect cheap shares. IMO
Posts: 482 | From: NJ | Registered: Apr 2006
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The MMs maybe thinking the same thing. Sell off. Drop the bid and ask and collect cheap shares. IMO
Posts: 482 | From: NJ | Registered: Apr 2006
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This is a fake pullback IMHO, they are trying to get you to sell. Also, suddenly a bunch of bashers have shown up at IHUB, coincidence? I think not.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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Doniboy, did you read Purl Gurl's posts on IHUB last night. She accually said she own's this and sounded like she liked it. I don't want to speak for her, but I've never owned a stock she likes. It kinda puts me at peace. Crappy day today. Oh well. GLTA
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Yeah I did read that. I was surprised myself...lol
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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585,000 share buy, 200,000 share buy and 100,000 share buy right in a row and the price drops? Gee wonder if the MM's are playing with this at all.
-------------------- "I will smack you in the mouth, I'm Neil Diamond"- Will Ferrell Posts: 4190 | From: Rhode Island | Registered: Mar 2006
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