Sculpin, stop the manipulation! "Our case is slightly different than the norm, because numerous red flags have popped up with this stock over the last 2 years. Its plain to see by the least informed investor, that the timely disclosure policy has been breached in more than one occasion, plus the Corporate Goverance Manual, and smaller other particulars, by the management of this company." Sculpin
Red flags for 2 years? And you never thought to sell any stock? You continued to encourage people to buy at ever increasingly low prices? What are there red flags? You failed to list them but claim that there are problems in timely disclosure etc etc. Examples would help. I understand if you can not find any. I think we all understand very well when you can't find any.
"I find it very odd, and I am not incinuating, merely stating a fact, that the regulators have not acted yet on this blatancy. By reading the protocols and regulation that is to be adhered to by issuing companies listed on the exchanges, and seeing what appears to be breach after breach without no reprimand, makes me ask more questions. I believe the regulators themselves should be looked at here with a degree of scrutiny by a higher power. gobble it up, when its gone, the players will cease to exist themselves because of no food." Sculpin
It is NOT a fact that the regulators have not acted. The regulators do not give details of their investigations to the plaintiff. In the event of wrong doing there will typically be a news release from the regulators with a reprimand of sorts.
Actually, someone as well learned as you on all things SLI should have noted in the financial last year that there was hefty legal fees in one of the reports and the reason given was that it was related to investigations of which SLI was absolved of any wrong doing. Of course it is easy to forget such a thing when your goal is to convince the masses that SLI is being run by "The wicked witch of the west" and when you are trying out management with what appears to me to be largely frivolous accusations.
I was half believing some of the stuff that you guys where saying last spring but in reality the arguments where specious at best. What finally tipped me off as to what was going on was the following,
"Accounting, audit and legal, increased to $111,171 for the quarter ended August 31, 2012 from $60,549 for quarter ended August 31, 2011, due to the increase in legal fees associated with the regulatory investigations by the TSX. The latter investigation resulted in all concerns being alleviated." SLI MD&A
Interesting isn't it......
"The latter investigation resulted in all concerns being alleviated."