SLJB Announces Updates on Recent Company Events
Thursday April 26, 2:34 PM EDT
Today a SLJB (SLJB) spokesperson announced that the Company's CEO Steve Sulja will travel to Alberta on Monday, April 30, 2007. Mr. Mian Siddiq, the Company CFO will be accompanying Mr. Steve Sulja on his travels. Their agenda and goals for this trip are as follows:
1) To meet and discuss with area mill representatives and owners
to negotiate metric dimensional lumber production for projected
exports to foreign markets.
2) To negotiate pricing for North America operations.
3) To negotiate lease for new location in Calgary, AB.
CEO Steve Sulja added, "There will be some management changes in the company effective as of the first of May, 2007. Mr. Ron Coates, who has been our Sales Manager at SLJB, has been promoted not only Sales Manager in our area, but now appointed General Manager for all SLJB operations."
Leslie Budway will continue her role in the company as our Credit Analysis Manager. In addition she will now take on the task of being or in-house Investor Relation Department. We have decided to do an in-house Investor Relation as opposed to have an outside firm in an attempt to preserve shareholder confidence. This route was decided based on the fact that many outside IR Firms that we contacted wanted to be paid in shares, not money. We did not feel that this was fair to our shareholders when they could possibly "pump and dump" SLJB shares, causing instability and uncertainty amongst our shareholders.
Finally we would like to announce that we have requested our lawyers and they have agreed to depart today for the Middle East, to meet with our lawyers and agents in the region, in attempt to complete long outstanding deals.
We continually thank our Shareholders for their continuous support.
Except for the historical information herein, the matters discussed in this news release include forward-looking statements that may involve a number of risks and uncertainties. When used in this press release, the words: believes, intends, anticipates, expects, predicts and similar expressions are intended to identify forward-looking statements. Actual results could differ materially from those expressed in, or implied by, the forward-looking statements based on a number of factors, including, but not limited to, costs, risks and effects of the on-going review by the Company, including the impact on the Company's ability to provide timely information as to the Company's business, operating results and financial condition; costs, risks and effects on the Company's business and the trading of its stock of legal proceedings and investigations, including the enforcement proceeding commenced by the OSC and the inquiry being conducted by the SEC; and the impact of the OSC order that trading in the Company's securities cease. Except as expressly required by the securities laws, the Company undertakes no obligation to update such factors or to publicly announce the results of any of the forward-looking statements contained herein to reflect future events, developments, or changed circumstances, or for any other reason. |
