Further to my "fantastic" post about the option agreements, I beleive that option agreements are non- transferrable. So, for my idea as to what may be going on, this would fit. All the option agreements SLI has out now would have to be terminated in event of different ownership/sale of SLI I am assuming. Legally, it would make sense that a binding contract would become void if a company no longer existed or if it changed hands. It would depend on how those option agreements were wrote up. What we see off the website and from News Releases in regards to option agreements is only a portion of the original option agreements. There are other stipulations implimented in these agreements that could be original or scripted depending on what the two parties decide.

Maybe this is in part the reason why we have top knotch lawyers too, to make sure everything is done right.