LOL, why would a company,
"ISS Proxy Advisory Services, a leading independent international corporate governance analysis "
back SLI and take the chance of muddying their name as well? Tell ISS to read the TSX Corporate Governence Guidelines and look to see if any of these policy recommendations have been utilized by SLI in the past few years?
Here are 2 points below, maybe some shareholders here can suggest how these 2 points may not have been followed, for starters, and may quite possibly find more in this policy where the current BOD may not have followed? And may I also suggest that ISS look into the amount paid to them for this service at this questionable time, in conjunction with other company expenses in the last several months? Then ask themselves, if the majority of shareholders may be mad, would not the hiring of ISS NOT be in the shareholders best interest?
3.8 The board should adopt a written code of business conduct and ethics (a code). The code
should be applicable to directors, officers and employees of the issuer. The code should
constitute written standards that are reasonably designed to promote integrity and to deter
wrongdoing. In particular, it should address the following issues:
(a) conflicts of interest, including transactions and agreements in respect of which a
director or executive officer has a material interest;
(b) protection and proper use of corporate assets and opportunities;
IMO
