BOW, there were more GREEN votes that were coming stateside that never made it, as well as some Canadian ones as well. It seems our U.S. shareholders may have experienced a harder time getting their control numbers. I do not know the extent of how many GREEN U.S. votes didn,t make it in time, but believe it may have been considerable. Also, I believe the over seas aspect of our shareholder base did not have enough time to vote for the GREEN option whereas management restricted the time for voting. In light of these things, its very possible that when all is said and done and considered, the GREEN may enjoy over a 90% majority.

There is most likely no way that any shareholders could have been happy with current managements performance, other than employees and direct interests, this leaves a very small portion of votes to be voted WHITE, considering current management held very little. If employees were selling there shares during the sp decline, like Lori was, its very possible that employees held zero at record date also. It is quite possible under these assumptions that the WHITE vote count may constitute less than 1% of the votes. I would not be surprised at all to see it as low at 10% at least. If its higher than this, it may identify a bigger player in here,or several, that is under the 10% early warning provision of the TSX.

Any votes attached to off shore accounts would be really interesting for some one to look at as well. It could give a picture of just how many at least are held in off shore accounts and the Control Numbers could probably easily identify these accounts with the corresponding amount of shares. Once these accounts are identified, trading records can be obtained to match with account activities. There may not be any off shore trading accounts holding SLI shares, I don,t know, but the recognized naked shorts on the SELSF, our U.S. trading symbol, may have suggested this, whereas thats where the easiest place for naked shorting to be utilized is and where the depository settles trades not having time to ask questions if the shares are naked or not.

IMO