A quick look at 2 option pricings by SLI and a historical stock price table may suggest that options were not priced properly, and any such execution by any company is not in compliance with TSX rules, let alone other securities law/s.

I will show 2 examples, one example June 22 2010, when options were granted at $1.10 but an interactive stock price chart for that day suggests that the stock price was around $1.35.

The other example on July 27/ 2010 when options were granted for a price of $1.25 when an interactive chart suggests the stock price around $1.27.

https://ca.finance.yahoo.com/q/hp?s=SLI.V&a=05&b=3&c=2010&d=06&e=30&f=2010&g=d

Here is a quote from the link below which elaborates on the TSX rules in regards to stock option pricing, found at the bottom of page one of the link..

"The TSX rules also provide that the exercise price established for any stock option MUST NOT be lower than the market price of the relevant securities at the time the options were granted.

http://www.torys.com/Publications/Documents/Publication%20PDFs/CM06-16T.pdf

Some information on "backdating" and "springloading " tecniques of granting stock options.

http://www.mondaq.com/canada/x/49296/Corporate+Crime/Stock+Option+Backdating+What+Every+Director+Should+Now+Know

So again, it looks apparent in just these two examples, without looking for more at this time, that rules once again seem to be broken with no disciplinary action being taken by regulators.

If this SLI company story was merely one of "pump and dump" and the company worthless, why have the authorities turned a blind eye to blatant violations and allow our CEO to continue as CEO of this company, unscathed by any law or rule? Would you not think that regulators and authority would have been all over this with seemingly incontestible acts of defiance of law and regulation? If this was just a company that had failed at its potential projections, why does Lori and management have full imunity from the law? Why are the authorities protecting Lori at the expense of the integrity of the TSX Exchanges? What is so valuable to cause authorities to jeopardize the whole market?