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Saturday, 10/21/2006 11:33:47 PM

Saturday, October 21, 2006 11:33:47 PM

Post# of 311052
New comments of the CEO!!
The Blog October 21, 2006 Comments by Petar
Hello.


http://suljabros.com/blogit/?comments_popup=3



Comment by Petar
October 21, 2006 @ 8:45 pm

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 21, 2006 @ 8:47 pm

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 21, 2006 @ 8:55 pm

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 21, 2006 @ 8:55 pm

I will be announcing some completed deals very shortly.

Comment by Petar
October 21, 2006 @ 8:58 pm

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 21, 2006 @ 8:58 pm

petar,

can you comment on this. Spoke to a contractor for WTC and seems that you might be supllier of some material for WTC. That true ?

Comment by abbam
October 21, 2006 @ 8:59 pm

Hi Petar
Is there an office set up in Dubai,and will you be visiting there often?

Comment by Davecast
October 21, 2006 @ 9:00 pm

Thank you! Easily meeting targets is GREAT news for all. We appreciate all your hard work! Are you seeing issues in your AF review, or do you expect to file with EDGAR promptly, per standard procedure?

The cement plant sounds very interesting. If they can prove profitability (not just hopes of such), then the cost may be well worth it. However, such expense could hurt near-term goals of listing NAZ (unless the profitability is already in place). High cost is always justified if the return is high earnings. That very large asset, also, would be great. I assume the due diligence financial analysis of the plant is currently underway?

Comment by suljaholder
October 21, 2006 @ 9:01 pm

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 21, 2006 @ 9:02 pm

Hi, Petar

Is Marquee still the IR firm representing Sulja?

Thanks

Angela

Comment by Angela
October 21, 2006 @ 9:02 pm

Is it fair to assume that there are minimal issues in the audit regd your 2006 financial statements?

Comment by papajohns
October 21, 2006 @ 9:08 pm

Thanks for Blogging Petar. Very informative. Thanks again. Norm

Comment by okharchar
October 21, 2006 @ 9:08 pm

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 21, 2006 @ 9:09 pm

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 21, 2006 @ 9:10 pm

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 21, 2006 @ 9:11 pm

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 21, 2006 @ 9:15 pm

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 21, 2006 @ 9:15 pm

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 21, 2006 @ 9:16 pm

I’m sorry…my answers seem so rude and short. Under meds tonight: don’t want to appear rude.

Comment by Petar
October 21, 2006 @ 9:17 pm

Nothing but room in Windsor. Everybody is welcome to visit. I am sure the tourism bureau will love it.

Comment by Petar
October 21, 2006 @ 9:19 pm

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 21, 2006 @ 9:20 pm

I would really rather have it somewhere warm.

Comment by Petar
October 21, 2006 @ 9:20 pm

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 21, 2006 @ 9:20 pm

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 21, 2006 @ 9:24 pm

Petar…Nice Job..can you please comment on the current share structure and also The Short position is a HOT TOPIC///LOL Thanks

Comment by fdjr13
October 21, 2006 @ 9:24 pm

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 21, 2006 @ 9:24 pm

Thank you for your comments today. It is nice to hear from the CEO. That way we know the facts. Will be looking forward to the release.

Comment by emilson
October 21, 2006 @ 9:24 pm

Petar, So will the audit include the numbers that were previously posted on the website for 2006? Thank you, and keep up the great work.

Comment by creos
October 21, 2006 @ 9:25 pm

petar, can we expect a nobo list for sljb anytime soon, so we can kick the shorts in the arse??

Comment by hatzone2
October 21, 2006 @ 9:27 pm

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 21, 2006 @ 9:27 pm

I understand the Bahamas also have a very large hotel, even Ft Lauderdale Florida is nice this time of year. On a personal note if you don’t mind, It was a pleasure speaking to you recently and I found it very informative and I for one would rather enjoy more conversation, which is one reason i think the rest of your investors would also a meeting. maybe you can put something together. Thank you for your time. Sue

Comment by sue
October 21, 2006 @ 9:27 pm

Can you answer anything about the DIFX listing?? Will you try to get listed and when?

Comment by fdjr13
October 21, 2006 @ 9:28 pm

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 21, 2006 @ 9:30 pm

Mr V.

$350mil cement deal….Done deal? or lost? or renegotiating? This must be addressed as you had stated that a deal had been put in jeopardy due to callers. Please?

Comment by mksdaddy1
October 21, 2006 @ 9:30 pm

Petar,
Very nice of you to take your time to chat with us. Sorry your not feeling well.

Can you elaborate on any town size projects that you are or have been involved in recently?

Thank you
Brent

Comment by brentjanice
October 21, 2006 @ 9:32 pm

Also, are you going to supply the materials for construction of the world trade center ?

Comment by abbam
October 21, 2006 @ 9:32 pm

fdjr13: As we speak our people are looking into that matter. I have nothing to report at this time.

Comment by Petar
October 21, 2006 @ 9:33 pm

Petar,
Congratulations again on a great job that you are doing, primarily also with this communication. Thanks for your reply and there are no words o describe our excitement for Sulja’s future!!

Comment by papajohns
October 21, 2006 @ 9:33 pm

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 21, 2006 @ 9:34 pm

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 21, 2006 @ 9:35 pm

Petar, is the 350 mm concrete deal, a done deal for us. Thank You.

Comment by Jerry
October 21, 2006 @ 9:37 pm

mksdaddy: That’s the way I negotiated the deal. Obviously nobody thought the refunds would be coming so soon.

Comment by Petar
October 21, 2006 @ 9:37 pm

Petar, thank you for your response. I thought my sources where correct I guess not or maybe you need to talk to your sales reps in Canada and see if they know something you don’t. Good luck.
Hope the Cement deal went through

Comment by abbam
October 21, 2006 @ 9:39 pm

Petar,
You mention negotiating deals is that one of the reasons besides family for you to step down as CEO in approximately 6 months so that you can continue making deals?
Thanks
Brent

Comment by brentjanice
October 21, 2006 @ 9:39 pm

We keep asking about the cement contract to no avail. Sore subject?? Thank you.

Comment by suljaholder
October 21, 2006 @ 9:39 pm

Petar

When you annoubced that the AF’s were in your hand, you said they would be posted through the appropriate channels.

Could you expand on those channels? (Edgar filing, 10SB filing, otcbb uplisting, difx uplisting)

Thank you, and thanks for the open channel of communication.

Charlie Marcom

Comment by cm3i
October 21, 2006 @ 9:40 pm

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 21, 2006 @ 9:40 pm

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 21, 2006 @ 9:42 pm

Petar…Last one from me..How long before AF’s are filed on EDGAR???

Frank

Comment by fdjr13
October 21, 2006 @ 9:43 pm

First deal was lost daddy. Simply went to find more. That is why you guys are paying me right?

Comment by Petar
October 21, 2006 @ 9:44 pm

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 21, 2006 @ 9:44 pm

Thank you Petar for your reply, and congrats on the new deal. Keep up the great work. Jerry

Comment by Jerry
October 21, 2006 @ 9:45 pm

Awesome to be honest with us. I’ll be buying more stock as we go, count on it! I’m comfy! Get well soon.

Comment by mksdaddy1
October 21, 2006 @ 9:45 pm

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 21, 2006 @ 9:46 pm

Re: cement deals. Thanks, Petar. Way to recover after losing the last one. That is much welcomed news about the cement deal status. $98M is excellent!

Comment by suljaholder
October 21, 2006 @ 9:46 pm

Petar,
Not that you need to be told, but isn’t details on new contracts confidential information? Or is it OK because this website blog is considered ‘public’ space?

Comment by papajohns
October 21, 2006 @ 9:47 pm

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 21, 2006 @ 9:48 pm

Petar, could there be a “divy” in the near future?
thanks, hat

Comment by hatzone2
October 21, 2006 @ 9:48 pm

Would you be willing to give us some idea of what price SLJB needs to get to before you’d be willing to take exchange the allocated SLJB shares for the Consultech assets?

Comment by eelfland
October 21, 2006 @ 9:49 pm

Petar,
Just a couple more questions.

After the AF’s are posted, will you be posting any updated 2007 performa numbers?

You stated that you guys had a plan on handling the shorts….Can you elaborate on that plan as to how and how soon it will be addressed?

Thanks again

Charlie Marcom

Comment by cm3i
October 21, 2006 @ 9:49 pm

A vote would be great. Petar, you’re knocking my socks off today. This blog is truly helpful. Thanks again.

Comment by suljaholder
October 21, 2006 @ 9:50 pm

Petar–Could you please give an approximate cost of the audit procedure that we just completed?

Comment by cactus
October 21, 2006 @ 9:50 pm

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 21, 2006 @ 9:51 pm

Lets have the party in Fort Lauderdale!

Comment by Angela
October 21, 2006 @ 9:51 pm

ROFL, Martha!!!

Comment by mksdaddy1
October 21, 2006 @ 9:52 pm

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 21, 2006 @ 9:53 pm

Vagas

Comment by Petar
October 21, 2006 @ 9:54 pm

Here’s a “well into the future” question.

With the Pakistan deal wobbling around, would you be putting in an offer for work if they iron out the details and actually begin the project or do you get approached by, say EMAAR?

Comment by mksdaddy1
October 21, 2006 @ 9:55 pm

Are you coming, Petar?

Comment by Angela
October 21, 2006 @ 9:55 pm

Petar, are you ordering a NOBO to determine the Naked Short position that exists from LFWK days, and for the NS position that may exist from the time this became SLJB? TIA

JJ

Comment by JJSeabrook
October 21, 2006 @ 9:55 pm

Petar,
Thanks for your reply. You have an awesome sense of humor!! We would love to meet you but we will patiently wait. Congrats and good health to you and to your family!!

Comment by papajohns
October 21, 2006 @ 9:56 pm

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 21, 2006 @ 9:57 pm

http://suljabros.com/blogit/?comments_popup=3