SULJA BROS. HIGHLIGHTS -- http://www.marqueeasset.com/AUDITED FINANCIALS (KPMG/PRICE WATERHOUSE COOPERS)
The Company has indicated between September 18th to September 20th for Release.
During the 12 months from June 1, 2005 to May 31, 2006, Sulja Brothers Building
Supplies earned $63,047,611.00. The company made $28,371,424.95 gross
profit with a $26,023,991.63 in pre-tax profits. Net profits were $15,879,839.69
-The 2007 pro forma estimated revenue is $307,007,451.50
"Plus 350,000,000.00".............Equals $657,007,451.50"
Estimated net profits for 2007 are $93,951,965.18....
$350,000,000.00 MILLION DOLLAR CEMENT DEAL...
Sulja Bros. has closed a cement contract in Dubai with Ramada General
Contracting in Abu Dhabi, UAE. Ramada General Contracting is paying an average
of USD $50.00 per metric ton. The contract is for seven million metric tons of cement per year. The deal produces yearly revenues of USD $350,000,000. The UAE currently faces
a shortage in cement production.
-ISSUING A DIVIDEND TO SHARE HOLDERS.....
has been mentioned in previous press releases and may be used in the near future.
The plan calls for a regular quarterly dividend of .0025 cents ( 1 cent pps per yr) The dividend
was mentioned and designed to minimize effects to company profits yet incur maximum damage
to the short position in the companies common stock. Consultech and company directors/insiders
understand that the money spent on the dividend is necessary to achieve a reasonable fair market
share evaluation for all stockholders. Company had stated, "So far, it looks like a matching dividend
program from the short sellers. Every dollar the company issues, in dividend form will be matched
by the short sellers. If the short sellers refuse to pay the dividend, their identity will be revealed in
the 'payment in-lieu paperwork.'
-WHAT IS SHORT SELLER CAPTURE CAPITAL?
(per company previous press releases)
Their is no stock definition for this type of buying; therefore, the company created
their own definition. It's called 'Short Seller Captured Capital.' Insiders have expressed
interest in selling blocks of shares back to the company at a later date. The
shares can be introduce back into the market after the company plans are executed,
and the short sellers can complete their buy-in at a much higher price. Short Seller
Captured Capital will prevent dilution of the current shareholders' value while
providing insulation to the current shareholder from the effects of high-volume sell-offs."
Company announced it is opening 3 new offices in the Middle East. A
Red Sea Group company spokesperson commented: "The 3 licenses for Sulja
Bros. Building Supplies were obtained in the Middle East. Ground breaking
commenced today in Abu Dhabi, Dubai in the United Arab Emirates and in
Bahrain." Company has stated it's need to supply existing and new clients in
the Middle East. The construction in the UAE and the Middle East is projected
to exceed 28 billion by the year end. Sulja Brothers is increasing its market
share of these lucrative projects. The Red Sea Group has been very successful
in obtaining new clients and projects. Our client base has grown tremendously
through our relationship with the Red Sea Group."
-CONSULTECH CONSTRUCTION MIDWEST MERGER
(still in the works per company pr's)
1. The Consultech Construction Management Inc.'s Midwest merger if used would increase the market cap along with adding a much larger flow of revenues and earnings to the bottom-line.
As previouly stated in press releases this office is was in negotiations with Federal, State, and Local officials to procure storm relief work outside Biloxi, Mississippi more details will be released at a later date per company official. Steve Sulja had announced the appointment of Direct General of Consultech Construction Management Inc.'s Director General Petar Vucicevich as Sulja Bros. new CEO/President. Mr. Sulja had said the new appointed position would allow for a smoother transition of the Sulja vehicle at a later date for its merger with Consultech's Midwest Operations. Mr. Sulja at the same time had mentioned this was indeed a good move on making our process easier.
Mr. Vucicevich stated, in recent press releases "I look forward to working closely with the existing Sulja Board and helping with the merger and expansion plans". Consultech had previously owned Sulja Bros. for nearly ten years and stated that this particular appointment consolidates the three primary aspects of the industry: materials, design and management.
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