Sulja Bros. Building Supplies, Ltd (SLJB)

[Disinterested One]

Let's also keep in mind level of proof. In a criminal court in the US system the prosecution needs to prove beyond a reasonable doubt. In a civil court in the US it's merely a preponderance of the evidence (a lower standard).

However, in terms of equity investments, the burden of proof is upon the company selling the shares. They need to prove the ability to deliver business that will result either in an increased value of assets (and hence cause the market to value their shares more highly) or provide a dividend as a return on investment to shareholders.

SLJB has done none of these. They have made many false statements claiming new/increased business, but they did not prove them. In fact, SLJB said not to believe what they have said.

In the marketplace, such credibility destroying actions result in a loss of investor trust and confidence. Rebuilding that trust and confidence cannot be done via more press releases and promises. It can only be done (if ever) by delivering increasing revenues & profits. Again, SLJB has done neither of these.

IMO.