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Message: BCSC and Papalia

Lets look at the BCSC decision on Robert Papalia( mentioned in an earlier post today,), in 2005. The BCSC laid the charges on Robert himself and did not lay them against his company. There are so many violations in this judgement that shareholders of SLI may be able to identify with, yet no action by the BCSC nor the TSX. Papalia still insists his innocence in this matter and pretty much says that he was framed by higher powers. But what we can take of this, is that the BCSC sure moved decisively on Papalia, yet they will not move on Lori with very similar questionable things, suggesting a degree of immunity to the law and securities acts. This suggests to me that the securities and regulators CANNOT, and if they CANNOT, then Lori must be telling the truth about the Tesoro prior Jan 2012, and different times after, for example, "its impossible to get those readings with nothing there", meaning the Quantec signatures. Take the time to see the numerous decisions made against Papalia in the link, here is an example below that shareholders may identify with in our situation.

¶ 22 Before Papalia made his misrepresentations, the price of Nano World shares was $10.19 USD. By January 2001, the price had dropped below $1 USD. The company’s lack of any inherent value, says the Executive Director, shows that the misrepresentations in the news releases were the only possible cause of the temporary price and volume spikes. This means that the news releases were directly responsible for investor losses.

http://www.bcsc.bc.ca/comdoc.nsf/comdoc.nsf/webpolicies/4A26096ED2014E3A882570AC0057727E?OpenDocument

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