SLJB -- Petar is talking on the website blog now
Good evening all.
Comment by Petar
October 21, 2006 @ 8:42 pm
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AF review is very boring but must be done of course.
As far as future contracts are concerned, I feel 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
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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
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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.
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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
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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
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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
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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
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
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
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