List item must be in list error when binding to a column containing HTML

[Karl Wilkens]

Hi, we have HTML in the database formatted like this - 

J. Aaron Grantham, MD<br/>Consulting <li>Abbott Vascular</li>Grant Support <li>Abbott Vascular</li><li>Medtronic, Inc.</li><li>Asahi Intecc Co.</li>Honoraria  <li>Boston Scientific Corporation</li><li>Bridgepoint</li><br/><br/>Off Label: No FDA aproved stent for CTO-PCI.  Will not reccomend one in particular.<br/><br/>

and i am getting a reporting error when binding this to an HTMLTextBox - List item must be in list, which is puzzling. Any thoughts on what is going on here?

[Hadib Ahmabi]

My thought is that the <li> tag should be inside of a <ul> tag.