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sulja gemeinde: habe aus dem investerhub forum ein interessantes interview gefunden
ist natürlich nur meine meinung! ;o)
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Interview With Chad Curtis:
Enclosed are nearly all of the questions I was emailed this afternoon, and the answers in BOLD are direct answers from Chad Curtis of Marquee Asset Management.
ASUS: Can they put more details in the press releases? For example, the Design Depot PR had no details on location of the parcel, date of groundbreaking, estimate of sales, estimated opening date, etc. PRs should read like a business plan summary for the item they are releasing press about. Vague PR's are fuel for bashing and rumormongers.
CHAD: We’re working on it, a lot of contracts are still open, some are in the closing stage, some are being finalized.
ASUS: How many employee's they 'SLJB' has worldwide....and then how many are currently employed in the middle east?
CHAD: In the two locations Sulja and IBP months ago they were known to have well over 40 employees.
ASUS: What are the specific requirements that Wessel must satisfy before they can purchase shares of SLJB? How far along are they in this process?
CHAD: Private contract not disclosed to public. Close to the end to start buying in my opinion.
ASUS: I would like to have additional information about the "pr" saying that SLJB
was purchasing a lumber mill, most importantly, when is the closing expected?
CHAD: The negotiations are on the table – the final contract has not been signed, they are still in talks with the lumber mill company.
ASUS: It has been stated through PRs that Sulja Bros wants to take this stock to the NASDAQ. Please explain what regulations you must follow to achieve that goal and what PPS you must achieve and/or maintain and for what length to enable listing on the NASDAQ?
CHAD: You must qualify for the OTCBB, become fully reporting, apply for the NASDAQ with a $4 price.
ASUS: In previous PRs, it was stated that there were 300,000,000 shares set aside for a merger with Consultech. There seems to be some confusion as to the actual current corporate structure in relation to the Loftwerks reverse merger or takeover first of all. Please explain.
CHAD: It was more of a hostile takeover, old management was removed, their shares were purchased. 300M shares are still set aside for Consultech Construction Management Midwest. LFWK was taken over to protect joint venture interests of CCM and Sulja.
ASUS: Second part of the question is, once the Sulja Bros/Consultech merger takes place, where does that place Sulja Bros? As SLJB or a new stock symbol?
CHAD: To be determined and large shareholders (Wessal wants 25%) will be brought to the table also.
ASUS: What is the status of the planned merger with Consultech's Midwest Division?
CHAD: To be determined.
ASUS: What happened to all the properties that were a part of Loftwerk's portfolio. Does Sulja own them?
CHAD: Sulja owns them, and they’re still up for sale. And some of the projects will continue to be worked on.
ASUS: How many shares if any does Dennis Ammerman currently own?
CHAD: Zero.
ASUS: Who controls the insider shares held by company officers (by name)?
CHAD: Management and board of directors.
ASUS: Why haven't we seen a closing signing agreement PR’d regarding the EMAAR contract?
CHAD: Marquee Asset Management hasn’t been updated on this at this time.
ASUS: Where can we go and verify the financial background of Consultech and Vista?
CHAD: Germany. They’re not part of Sulja, they’re still private companies. We don’t have information outside of SLJB.
ASUS: What assets if any does Vista and Consultech own?
CHAD: Not sure, but is known to be a lot.
ASUS: When will we see the Canadian government audited as outlined in the financial report?
CHAD: The Canadian government goes a separate route than the auditors, so we’re not sure.
ASUS: When will we see SEC paperwork to make this company fully reporting?
CHAD: To be determined.
ASUS: Why haven't we issued a dividend? Will we issue a dividend?
CHAD: No comment.
ASUS: What is the status of building the truss manufacturing facilities?
CHAD: Marquee Asset Management hasn’t been updated on this at this time.
ASUS: What is the status of building the New Orleans condominium complex as outlined in past PR's?
CHAD: More than likely they’re going to be doing more than 300 houses. They’ve been working with state, local, and federal agencies.
ASUS: The Middle East entities PR'd by SLJB are companies that are unidentified in any publicly-available database. "Wessal International" cannot be located as an “internationally renowned company" as stated in the PR's. There are companies with "Red Sea" in the name, but none owned by Wessal. (For example, Red Sea Housing is owned (51%) by Dabbagh Group, not Wessal.) Similar questions arise for other entities mentioned in SLJB PR's. There was no independent confirmation from Emaar about a contract with Consultech or SLJB.
CHAD: Because you can’t find it doesn’t mean it doesn’t exist.
ASUS: "We have contracts closed with conditional status, and some in the final stages of negotiations. We will release the details of our contracts in the near future. We will include final revenue with estimated net profits for each contract. We want to remain focused on the terms and conditions of each contract to make sure each party is pleased with the result. After the conclusion, we will release information that shareholders can easily verify."
The sentence at the end does not state what conclusion is being referred to. After the conclusion of the contract signing? After the term of the contract concludes? And the sentence does not state what kind of information will be released that can easily be verified. Will information be released so that shareholders can identify the parties involved in the contract? Will the other party involved in the contract independently release a PR about the deal? Finally, there is no sense from that paragraph as to a general time-frame for shareholders seeing verifiable information.
CHAD: After all conditions are closed and the money changes hands per contractual basis.
ASUS: I would like to know if Price Waterhouse Coopers is going to be the firm issuing the audited financials for this past business year.
CHAD: More than likely they have a 50% chance.
ASUS: Does Chad have an exact date on which the financials will be made available to the shareholders.
CHAD: Sometime in September.
ASUS: Ask him if this [MN1] interview is going to be rescheduled?
CHAD: It was scheduled for Monday, however he mentioned it may get moved.
ASUS:; Why doesn’t either one of the International Building Products phone lines work?
CHAD: They’re still doing business in Michigan but they’re not headquartered there any more.
ASUS: Are you going on MN1 without hardcore proof of company activities?
CHAD: Silly question.
ASUS: If you are going to go on that show without audited #s and or finalized contracts IMO it will be catastrophic to the share price.
CHAD: Noted.
ASUS: Will you please ask Chad when will we see something definitive such as signed contracts, not just "in negotiations?" An answer of 'soon' is not acceptable since I have been hearing 'soon' for 6 months now.
CHAD: Some are closed, some are closed with conditional status, some are being finalized. I spoke with them recently and some of the contracts will be disclosed. Per their new sig-sigma process with their new press release template.
ASUS: Who of the original Sulja family are still involved with SLJB and at what levels?
CHAD:John Sulja, 25%
Steve Sulja, 12.5%
John Sulja Jr. 12.5%
Kathy Sulja 25%
Andy Sulja 12.5%
Sam Sulja 12.5%
ASUS: Has he met in person with any personnel from these groups? If so who and what were his impressions? If so was he more confident in his holdings before or after the meeting?
CHAD: I am more confident now than ever.
Asus, ask him if he knows where Ammerman's big block of restricted shares ended up.
CHAD: They were supposedly bought back by company officials.
Also ask him if we are correct on the asset transfer to the books in Nevada being the only requirement, which will meet when the audited fins and 10k are released.
CHAD: First off, they won’t do a 10K until they do a Form-10.
ASUS: I would like to know if Chad has any knowledge of upcoming deals that have not been announced, in other words, has he heard that new contracts of any sort are being negotiated that shareholders are unaware of?
CHAD: Contracts are being negotiated on a 24/7 basis.
ASUS, IMO you have provided fair balance in your postings and have managed a fairly neutral board in PBLS. I could not say the same about Chads postings as chiphldr. IMO he has relentlessly pumped several stocks including SLJB. After your meeting with Chad, what are your impressions of him? Do you think he is capable of being objective and providing "clean" unfiltered facts from a firm he would represent?
From ASUS: Chad Curtis is a very honorable man. His conscience is clear and he is here because he is excited by what is transpiring. Chad Curtis has a good heart and is not out to deceive people, but is sharing the wealth of knowledge in this company due to his excitement of the very rare situation. I believe he is working for free and could easily exit from this stock with great profits, yet persists because of his belief in the company and his energy to share the wealth in it.
asus
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