Sculpin,

Exactly right, unless you can get the media involved the regulators only have an interest in covering up anying that may reflect badly on the exchange or any of the companies listed there.

Media coverage expsoses them, and then regulators have to be seen to be doing their job, and are forced to act, to protect themselves.

This is true worldwide, but after what I have seen has been allowed in Canada, with SLI, I have withdrawn the bulk of my investments on the Venture Exchange, and continue to sell them down as the opportunity arises.

I do not consider an investment on the TSX safe anymore, because the shareholders clearly haven't got a say in how the company is run, due to the rules allowing management being able to entrench themselves!

This is never how it was supposed to work, for a pubcicly listed company, surely?

ALL companies should be accountable to the shareholders!

With SLI, we have management running a company with practically a zero investment in it, and the OWNERS of the company unable to do anything about it?

That is where the media should focus, the pitch is sloping!

I willingly accept risk, but only where fairness is involved.

There are far safer exchanges IMO, and safer asset classes!