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Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE

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Message: Re: Drilling soon
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Jul 12, 2011 08:17PM

Yes Rinky, I agree.

As we have said before on this forum, if you hold shares in SLI, you have a say in what goes on. If it comes down to a dividend being paid out on sale of the Tesoro, we have a say. Some investors will just buy shares in a company and never realize the power of the vote attached to each share. I beleive the voting rights attached to each SLI share is going to be very important in the future.

This forum has grown considerably stronger over the recent while and continues to grow stronger with every passing day. As new people join the forum, so does their shares, and with that comes more strength. Some call this forum Rah- Rah and so on, but I beleive them to be naive in not recognizing this formidable strength. Its this strength that will help us acheive maximum value for our investment. By educating every investor here with what we need to know, adds more strength, by everyone being equally informed about their voting rights, adds more. This is OUR company, and OUR seems to be comprised of well informed individuals that will stick together when the time comes with as many tools as we can carry to complete the job.

Here is an excerpt about some of the voting rights carried with common stock. The link from which it came, is below that. Take note of the last line.

Most

shares of stock are called "common shares". If you own a share of common stock, then you are a partial owner of the company. You are also entitled to certain voting rights regarding company matters. Typically, common stock shareholders receive one vote per share to elect the company's board of directors (although the number of votes is not always directly proportional to the number of shares owned, ). The board of directors is the group of individuals that represents the owners of the corporation and oversees major decisions for the company. Common stock shareholders also receive voting rights regarding other company matters such as stock splits and company objectives.

http://www.investorguide.com/igu-article-818-stock-basics-common-and-preferred-stock.html

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