Dazza, you are right on. That is part of what Lori was talking about, it all made sense. She wants to avoid getting in to trouble with the SEC and repeatedly said that she doesn't want to go to to jail like Martha Stewart.

I have not had much time to read all the posts here since the meeting, but some of the items I liked to hear from her was the explanation of the PP, the Director structure and the poison pill.

Most of it was to prepare against any hostile takeovers. The PP was to create a strong cash position (as I interpret it, to not have to rely on outside financing to continue with the projects and expose the company to potential sharks). She wanted to have the PP with a strong and trustworthy person who is long on SLI.

As I understood, the board of director structure is also such that it shields from hostile take over, I'm not sure how, but I think it would have to do with trusted persons, and appropriate by-laws in the company's charter, etc.

She did mention that a poison pill was installed, (to make it difficult for any unwanted suitors to take over).

I really feel that she (Management) is doing some very purposeful and structured work, in order to greate a strong company, the greater the knowledge becomes, of what we have in the ground.

So, although I would like to see some results now, I think it will be presented to us when all the ducks are in a row (he Rinky).

Therefore, hang in there.

Real