As you can see in the news release regarding the proposed PP of last year, SLI cancelled it, it was not cancelled by the TSX. Some may be under the assumption that us shareholders prevented the PP, but its only an illusion and speculation, cannot be relied on, therefore, without evidence that supports the TSX disapproving the PP, we have no fact that they disapproved of it.

If the TSX would have cancelled or disapproved the PP, this would have been stated in the news release of its cancellation. It would be a misleading statement for SLI to say it cancelled the PP itself. So, I see no reprimand or non approval, and am left to believe that the TSX was happy with that PP and condoned and approved it as well.

This leaves many questions as to the integrity of the TSX and the statements made in its mission, to instill confidence and uphold integrity in the markets, along with protection for investors. The TSX answers to the BCSC and where I see no reprimand by the BCSC against the TSX in this matter, I am left to believe, that the BCSC also condones a behaviour that would have seriously diluted shareholders and led to possible destruction of their investment.

I would consider the Exchange and the BCSC, as well as governors of both, to be negligent by failure to uphold their claims.

IMO