Sculp, like yourself, I also want to reap all the value from the Tesoro and the other properties, and don't want to sell out prematurely/cheaply. I'm sure Lori knows a lot more about all of this from her broker background. Shareholders' Rights Plans, aka "poison pills", give the company and the shareholders some bargaining power in the event of a hostile takeover. As I mentioned in the past, I lived through an acquisition where my company was the buyer. The company being bought invoked their "poision pill", but in the end the buyout proceeded with the only conditions being that both boards had to agree to the transaction (in other words the board of the company being bought recommended the transaction to their shareholders), and, 66% of the shareholders had to vote in favor of the acquisition (which they did). I've been gold, oops, I mean told, that SLI has a Plan in place, but don't know much about the particulars. I think someone said they were going to find it and post it here? Or am I mistaken?

I'd be surprised if Lori doesn't already have the acquisition strategy thought through, with multiple scenarios planned for from most preferred to least preferred, including the possibility of spinning assets off in to other companies. Oh, if I could be a fly on the wall in the SLI boardroom......