SLJB to Expand Westward: Alberta Providence(?)Seen as Potential $20M Revenue Increase
PROVIDENCE? Does anyone at SLJB proof-read anything?
finance.myway.com
SLJB to Expand Westward: Alberta Providence Seen as Potential $20M Revenue Increase
Thursday May 10, 12:56 PM EDT
Today, SLJB (SLJB) CEO Steve Sulja announced the Company's intention to open a new operation in Alberta, Canada. This decision comes on the heels of his return from a week-long trip to the area where negotiations and discussions with local contractors, suppliers, provisional local business developers, and Windsor Businessmen who have already ventured to the Province took place.
A spokesman stated: "It has become clear to us that Alberta is not simply a flash-in-the-pan oil boom economy. The opportunity of auxiliary business development and gubernatorial oversight to the benefit of the Province makes Alberta the driving force of Canada's economic engine." He continued to state, "That even though we believe many of the arguments that support the idea of 'overly rapid' growth as potentially harmful over the long run, companies like ours are often the stability factor to what is otherwise a rare and unique opportunity. We expect SLJB can achieve an increase in revenues over a 24-month period in excess of $20M."
Sulja Bros. Building Supplies, Ltd. is targeting to open the summer of 2007.
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.
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