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9) Deals - Cement: The company will be distributing a major amount of cement to Dubai. The conservative estimated revenue is 180 million in the next 12 months. Contract finalized and revenues increased to $350 million a year.
Status: Complete
Press Release Status: Released
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10) Deals - Middle East Construction Project: Estimated revenue of 124 million in the next 12 months.
Status: Complete, Project is a WIP
Press Release Status: Released
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11) Auditors: The company is in negotiations with KPMG and PWC (2 of the Big 4 Accounting Firms) to take over as their auditors/financial advisors.
Status: Complete
Press Release Status: Released
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12) CEO Letter: Address shareholders with regards to calling customers in order to validate/obtain information.
Status: Complete
Press Release Status: Released
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13) New CEO: Announce the appointment of a new CEO, replacing Steve Sulja.
Status: Complete
Press Release Status: Released
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14) New CEO: CEO to reinforce that the share structure will not change (i.e. no dilution).
Status: Complete
Press Release Status: Released
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LIST OF INITIATIVES THAT ARE A WORK IN PROGRESS:
1) Investment: Wessal International purchasing 25% of Sulja in open market.
Status: Work in Progress (they may have started already)
Press Release Status: Released/Upcoming
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2) Earnings 2006: Revenue: 65,487,679 Net Profit: 15,000,000 - Audit the 2006 (possibly 2005) Financials
Status: Work in Progress (released but unaudited, to be completed on Sept 17th or 18th, 2006)
Press Release Status: Released/Upcoming
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3) Earnings 2007: Estimate Revenue: 307,007,451 Net Profit: 93,951,965
Status: Work in Progress (does not include new deals recently announced, so the Pro Forma must be updated)
Press Release Status: Upcoming
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4) Exchanges - Dubai: Company is working with one of the largest investment banks in order to be listed on the Dubai International Financial Exchange.
Status: Work in Progress
Press Release Status: Upcoming
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5) Exchanges - OTCBB: The company is looking to move from the Pink Sheets to the OTCBB. Must file form 10 post audit. Company quote: "Our shareholders will soon see why Sulja Bros did not need to reverse split the stock to meet our up listing goals".
Status: Work in Progress
Status Report Status: Upcoming
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6) Exchanges - NASDAQ: Once on the OTCBB, the company is looking to move to the NASDAQ.
Status: Work in Progress
Status Report Status: Upcoming
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7) Deals - Steel: There is a need for large amounts of structural steel in Dubai. The company is working on a deal.
Status: Work in Progress
Press Release Status: Upcoming
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8) Deals - Provide details of new deals mentioned in Aug 23 PR
Status: Work in Progress
Press Release Status: Upcoming
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9) Design Depots - Setup a Design Depot in Dubai
Status: Work in Progress
Press Release Status: Released/Upcoming
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10) Design Depots - Setup 3 Design Depots in the U.S.
Status: Work in Progress
Press Release Status: Released/Upcoming
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11) Interview: Complete the MN1 Interview on or about Oct 3, 2006
Status: Work in Progress
Press Release Status: Released/Upcoming
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12) Loss of Larger Client: Repair the relationship with one of Sulja's larger clients due to the recent poor judgement of certain so called investors. Advise shareholders when relationship is repaired.
Status: Work in Progress (IR firm confirmed all is well again)
Press Release Status: Upcoming
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13) New Website: Revamp and implement a new Sulja website, which also allows investors to post their ideas, concerns, etc.
Status: Work in Progress (ETA Sept 21, 2006)
Press Release Status: Upcoming
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14) Merger: Possible merger with Consultech Mid-West.
Status: Unknown
Press Release Status: Unknown
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