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Non-Tech : SLJB - Sulja Brothers Building Supply, Inc.
SLJB 0.000010000.0%Nov 7 9:30 AM EST

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From: Thompkins2412/28/2006 2:56:28 PM
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What the $12 million in SLJB stock sales was spent on.

This is according to Airys, who first mentioned that it was from a phone conversation with CEO Steve Sulja and former CEO Petar Vucicevich, then retracted and stated that it was a cut and paste from an email from Petar Vucicevich.

investorshub.com

Posted by: Airys418
In reply to: None Date:12/28/2006 9:17:41 AM
Post #of 228380

These are approximate numbers… on how the 12 million were spent.

3 mil to the sulja family instead of shares….goodwill assets ect.

3 mil banks to lift any liens ect.

2.8 mil to other creditors and yes, Petar was one of them

600,000 foreign business setups

400,000 to ammerman for shell and assets (of which there was really none)

350,000 advertising and other related expenses

200,000 legal

400,000 real estate purchases (trim shop)

350,000 trim shop equip

150,000 trim shop work by contractors

500,000 Sam purchase

1 mil Additional inventory purchases

There is obviously more than this….I’m working off the top of my head. I think that’s about 12 million or so..

This is from Petar and Steve.

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