my strategy for sbl, page-34

As indicated Lions would have spent some time doing their DD and that could only be completed with the clear knowledge of the Directors. At the same time it would seem another entity, Infiniti, approached and was prepared to invest $5M+ million dollars in our company at a premium price per share of 1.5 cents (market price 1.2-.3cps). Again one would think that DD was again completed with the full support of our directors. The 33.3% return (bought at 1.5cps and sold at 2cps) over several months of investing will certainly be a great incentive to invest in SBL. Especially if inside information about possible/certain take over was also being canvassed by Directors.

From feedback gleaned in this Forum it would appear that the extra money from Infiniti was not necessary expected: due to us having a reasonable amount of money already in the bank; a sizable amount of gold production ready and able to be sold to market; a functional and operational plant running (one that could also have been upgraded in capacity....but no announcement, so conjecture only); with a fairly significant resource readily identified (1.6M.oz) for exploration and milling; likely upgrades in future gold resource together with other rare earth minerals within permits; and an area in Africa which is described as very desirable for gold producers to be in.

I ask the following:

Q1: What sweetheart deal has been made by Directors to Infiniti to buy their $5+ of shares at 1.5cps?

Q2: With the several hundred million shares that Infiniti will eventually get, will that be used as a blocker to keep the share price down?

Q3: What was the urgency in raising the money from Infiniti when Directors knew about the possible Take Over?

Q4: What was the money raised going to be spent on when Directors clearly stated not so long ago that we would self fund future exploration and mining activities; and

Q5: Where is there any action taken by our Directors to ensure the 'Interests of the Shareholders' is safe guarded as a result of these last two developments?

Since I purchased shares in this company at around 4 cents, I unfortunately have been dumbfounded by the lack of integrity, mis-information, manipulation, unprofessional and general dishonesty by this company management and directors. It would seem that this is not the first time that key members of this board have been found wanting.... The regulators have once again shown their competence and allowed, if not encouraged, unlawful and illegal behaviour,
to occur. Poor shareholders are left robbed! Bernie