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Author Topic: SLJB--
Hannibull
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fake?

http://www.investorshub.com/boards/read_msg_ig.asp?message_id=15041953

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BooDog
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http://www.canada.com/windsorstar/news/story.html?id=b14e0314-77fb-4030-9cb6-17a 03515017a

Sulja acquisition not closed


Harrow-based Sulja Brothers Building Supplies Ltd. announced to shareholders the acquisition of another local company eight weeks ago, but The Star has learned the deal hasn't been concluded yet, and may never be.


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john1086
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posted November 24, 2006 08:07
--------------------------------------------------------------------------------
Windsor Star ... today's story page A5

"Sulja acquisition not closed" Harrow based Sulja Brothers Building Supplies Ltd. announced to share holders the acquisition of another local company eight weeks ago but the Star has learned the deal hasn't been concluded and may never be. In an Oct. 10 news release former CEO Peter Vucicevich said the purchase of SAM Building Materials on County Rd. 17 in Tecumseh was "finalized" Oct. 2 and would add $6 million in annual revenue to the overall operation.

A search at the land registry office by the Star froun the title for SAM's property was still in the name of Serge Bigaouette.

"Sulja made an offer, but it's not closed" Bigaouette said Thursday. "I don't know if it ever will be or not." Bigaouette said he didn't know Vucevich was going to issue a news release in October that would be spread over the Internet. He said he's got a lot of calls since then from anxious shareholders and others.

rest is paraphrased... it's a long story

Biagaoutte says his family member upset at the attention - it's a nightmare
lawyers still discussing a deal - no update lately - he does not own Sulja stock
IH and raging bull frequently refer to SAMS

Shareholder are demanding AF's and other records said Ronan Levy, a Toronto corporte lawyer and shareholder he is circulating a petition for records - he said about 150 shareholders (40,000,000 shares) have joined

Sulja Bros have been prominsing AF's for months
talkes about unaudited numbers release of US 65.5 million/pre tax profit of $28 million
Vucicevich later backed away from those numbers in a Star interview
Shahid Khan, lawyer for Sulja, couldn't be reached for comment, Thursday his Ouellete avenue office was closed and calls to his office and home weren't returned. Calls made to Steve Sulja, were also not returned.

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All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?

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J_U_ICE
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SLJB News

Sulja Bros. Confirm Acquisition of Sam Building Materials as Previously Stated

Market Wire "US Press Releases "

WINDSOR, ON -- (MARKET WIRE) -- 11/24/06 -- Sulja Bros. Building Supplies Limited (PINKSHEETS: SLJB), today dismisses reports published in the Windsor Star that claim that the acquisition of Sam Building Material has not been closed. The deal has been completed and all assets and employees have been rolled into the Sulja family. No one was laid off.

A spokesperson stated, "Their entire inventory including trucks and other fixed assets have been acquired by Sulja's and we have been functioning as one for more than a month now. The property is a lease but everything else is solid assets. We want to dispel the reports that have been published in the Windsor Star; it seems as Gary Rennie, reporter from the Windsor Star has a personal vendetta against our company and its management."

Mario Moretto, President of Sam Building Materials, agreed with Sulja Bros. and stated, "Since October 2nd, we have been working under the Sulja banner. The purchase was completed and the documents are with our lawyers. I have spoken to no one from the Windsor Star, and I am uncertain to where they are getting their inaccurate information from. I want to state again that the deal has been finalized and everyone is very pleased with the result."

"The take over was seamless and everyone is happy with it. We have been conducting business normally and without hindrance since October. We plan on continuing as such and on expanding our business despite efforts of those outside our organization trying to derail our efforts for reasons unknown to us," the spokesperson said.

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.

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The difference between genius and stupidity is that genius has its limits

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Redwinger
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Wow, if the Star has been making all these stories up, then they will be in some deep shizit, and this stock should bounce back accordingly...

But maybe not, if the other stuff is made up...

Time will tell?

Red

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domain311
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For what its worth, I also spoke to Serge's wife last week, and she confirmed the deal was done...they had sold the SAM business to suljas.
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IMAKEMONEY
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ITS UP 25% [Eek!]

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LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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Redwinger
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I guess i'll take a 25% close for the day.

If it hangs.

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IMAKEMONEY
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If it hangs.

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LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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Redwinger
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are there free l2's for this anywhere? tdameriterd doesn't show pinks.
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MoneyMoneyMoney
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These are the only one I use now until I am through with school. When done I will pay for the microcaptrade.com L2's which are FANTASTIC!!!

http://www.allstocks.com/html/free_level_2_pink_sheet_stock_.html

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I buy fast and sell faster!

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Redwinger
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gracias moneyx3
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Brianehu
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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.

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Jo4321
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check out this thread [Smile]

http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/8/ t/025374.html

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"Great Day for Up!"....Dr. Seuss

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beechwood
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Brianehu:

Did you really lose $200,000 on this thing?
Ouch!

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beechwood
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I can see you are determined to make it up...
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Brianehu
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quote:
Brianehu:

Did you really lose $200,000 on this thing?
Ouch!

No, I copied someone's post. Someone else claims to have lost $200,000.
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BooDog
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Anything else new out there???

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All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?

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Redwinger
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Nope, not until tomorrow, hopefully [Smile]
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Wit
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Hello everyone.

Any of you guys having problems accessing your pm's?

It says I have 2 waiting and I click on the link, and all I get is the 'edit profile' screen.

I can't open them for some reason. I have saved ones, and new ones, and it seems the screen is gone?....... frustrating........

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~You aren't wealthy until you have something money can't buy.~

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paulbest
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from reading the posts lately this seems to be a dangerous stock to play

Good luck

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Do not invest on any of my suggestions

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Wit
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Paulbest-

Every SINGLE pink sheet stock is a dangerous play, this one isn't any different.

All just a gamble, and like they always say, don't gamble more than you can afford to lose.

GL

--------------------
~You aren't wealthy until you have something money can't buy.~

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BooDog
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wb Wit
clear your box when you geta chance!

--------------------
All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?

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Wit
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Boo-

Read my post above, I can't access my pm's for some reason.

I can't clear it or access it. [Roll Eyes]

--------------------
~You aren't wealthy until you have something money can't buy.~

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BooDog
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Bummer Wit! Mines working. maybe it''s over the limit. see if admin can help.

--------------------
All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?

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Wit
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I wrote them an email,....no response yet.

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~You aren't wealthy until you have something money can't buy.~

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Wit
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Boo-

Send me a pm, saying anything, I just wanna see if it shows up.

Right now it's flashing that I have '2' unanswered ones, when I click on them,
it brings me right to the 'edit profile' screen.

Something's wrong.

--------------------
~You aren't wealthy until you have something money can't buy.~

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paulbest
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quote:
Originally posted by Wit:
Paulbest-

Every SINGLE pink sheet stock is a dangerous play, this one isn't any different.

All just a gamble, and like they always say, don't gamble more than you can afford to lose.

GL

Well thats true in most PK's/micro pennies.
But we can chose stocks that LIMIT that risk.
I have my parimeters/characteristics/qualifications that a co/stock must possess before i will invest.

Sure I break rules sometimes, though rarely.
I may even try to catch a bull run on any stock if I can see that a gain can be made. But I'll hold it no longer than is necessary, a few hours say.

If you can't see any difference in say Sulja Bros Buliding materials and Clickable Oil. One I have no faith in, especailly based on the photo gallery someone posted above.
Those photos tell THE WHOLE STORY.

Clickable Oil actually has a working business. You can call them , they will ask you where you want the home heating oil delivered.

'I bet if I call Sulja Bros I get a recording tomorrow.

One stock is less risky(may go down alillte/may stay the same, or even better go up), the other, Sulja, is nothing but risk.

My last post on this thread.

--------------------
Do not invest on any of my suggestions

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BooDog
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quote:
Originally posted by Wit:
Boo-

Send me a pm, saying anything, I just wanna see if it shows up.

Right now it's flashing that I have '2' unanswered ones, when I click on them,
it brings me right to the 'edit profile' screen.

Something's wrong.

Can't until your envelope shows back up. check and see if you turned it off on your preferences

--------------------
All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?

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wallymac
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quote:
Originally posted by paulbest:
quote:
Originally posted by Wit:
Paulbest-

Every SINGLE pink sheet stock is a dangerous play, this one isn't any different.

All just a gamble, and like they always say, don't gamble more than you can afford to lose.

GL

Well thats true in most PK's/micro pennies.
But we can chose stocks that LIMIT that risk.
I have my parimeters/characteristics/qualifications that a co/stock must possess before i will invest.

Sure I break rules sometimes, though rarely.
I may even try to catch a bull run on any stock if I can see that a gain can be made. But I'll hold it no longer than is necessary, a few hours say.

If you can't see any difference in say Sulja Bros Buliding materials and Clickable Oil. One I have no faith in, especailly based on the photo gallery someone posted above.
Those photos tell THE WHOLE STORY.

Clickable Oil actually has a working business. You can call them , they will ask you where you want the home heating oil delivered.

'I bet if I call Sulja Bros I get a recording tomorrow.

One stock is less risky(may go down alillte/may stay the same, or even better go up), the other, Sulja, is nothing but risk.

My last post on this thread.

It might be best to actually make the call prior to posting. Many including myself have called Sulja Brothers. I have personally seen that they are licensed to export lumber from Canada.

The question is not IF they atually have a business but to what extent the business performs.

There is also a difference because you are speaking of a company, CKEI Clickable, that was formerly quoted on the OTCBB and removed because of failure to properly file it's financials. I'm sure once it files properly it will trade on the OTCBB again. Just trying to say that we should compare oranges to oranges and not to tangerines. There is a difference.

Sulja does have a business. What the true numbers are, I have no idea at this time. We shall see.

GLTA
Wallt

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adwald
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Are we going to be getting an form of news today or is Steve just a reincarnation of Petar?
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RJD2000
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Domain311
POST #193485

Talked to Leslie again.

Probably nothing too new or exciting, but figure I will share my conversation with her.

Waiting for lawyers to get back to her with more info, they will soon be adding 2 new lines for shareholders to call and I'm assuming new people to relay any info.

She sounded like something may be coming out today,but could not confirm, so she said to call back in about an hour because she would probably hear from them by then.

Stated again that the audits were done, but does not know why they have not been released yet.

They are definitely doing work in the ME, 2 people are over there right now, supposedly signing another contract. She understands this part of the business has been hard for people to verify, and sounded like they will try to confirm the ME work with us soon.

Said she is on BOD and has nothing to hide, would not risk herself or her family. Petar's father was receiving death threats at his home, and had a heart attack last night...is now in a hospital in Toronto.

They have moved forward with legal action against the WS. Very busy with that, and trying to get everything else together...so its taking some time. But reassured over and over that things are legitimate, and we should have some answers soon.

Thats about it...imo she sounded genuine and was comforting to hear her thoughts and concerns, but they are only words at this point, so take them for what they are worth.

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adwald
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I appreciate the update but without some kind of official news from the company it is had to establish any form of legitimacy about the company.
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RJD2000
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True, True, I just wanted to spark some debate today. Its been to quiet around here. LOL
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adwald
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Absolutely. It is almost as if everyone just gave up and walked away.

I still have faith in this company that it can turn things around and change public opinion. Even though they have changed CEOs it does not appear anything has changed.

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adwald
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Moving up a little. Maybe there will be some news today.
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