AGORACOM News Flash

AGORACOM Maintenance Alert: Going Offline Tonight, and Friday night for about an hour

Dear Members.

AGORACOM will be updating our server framework tonight and tomorrow night. As a result our discussion forums will be down for 1 hour or less.

These problems stemmed from our recent switch to a new web host and some issues with our DNS records (the settings that tell your web browser where our website is located). We believe we have squashed these bugs and are looking forward to pushing these updates through.

In anticipation of this scheduled maintenance we suggest the following:

1. If you are going to post any long and intensive material after 6PM either tonight or on Friday night, save a copy. We don’t expect to lose any data from the last 2-3 hours but better to be safe than sorry

2. Our blog (which you are reading right now) and Twitter account will be unaffected during the downtime, so feel free to contact us at either if you have any issues and can’t reach us through the site.

Best thing to do is to post comments on our blog. Alternatively you can reach us by emailing contactagora@agoracom.com

3. We expect the migration to be very smooth but please let us know if you have any issues.

4. If you are in Toronto, or the GTA, enjoy the weather! Summer is here so go out and have some fun!

We trust the above to be satisfactory as we strive to continually provide you with a great AGORACOM experience.

Thanks,
George and the AGORACOM Team

Message: NR Universal Wing seperation

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NR Universal Wing seperation

posted on Aug 21, 09 11:41AM

now we are stockholders of Universal Wing ...that was the issue...now back to TN

Austin Developments Corp. (TSX.V- AUL) ("the Company") announces that it has located a third party investor to assist in the restructure of its wholly owned subsidiary Universal Wing Geophysics Corp. ("Universal").

Universal Wing is an airborne surveying company specializing in the commercial use of unmanned airborne systems (UAS) for data collection. Austin originally acquired Universal in 2006 as a new technological tool for oil and gas exploration. It was never intended to replace the Company’s core resource business. With the current financial environment it has been difficult to raise money to support Universal without significantly diluting the parent company. Austin is pleased to announce that we have located an investor for Universal Wing with the financial resources to help develop Universal to the point where it can become a completely separate company.

Universal will settle existing debt by issuing shares for debt. Austin Developments will be issued 5,256,228 shares of Universal under the terms of the debt settlement, Universal’s other creditors will be issued 4,833,333 shares of Universal and the new investor Discovery Harbour Resources Corp. will be issued 5,500,000 shares of Universal for its cash investment of $330,000.

Declan Sweeney, current Chief Executive Officer of Austin states "We are very excited to welcome Discovery Harbour as an investor to Universal. Their involvement with Universal works on many levels for Austin. Firstly, it releases Austin from its ongoing commitments to finance Universal on a day to day basis and secondly, it gives Austin shareholders the best chance to recoup Austin’s investment dollars in Universal to date. Austin officers and Directors continue to be involved with Universal from a management perspective and will be completely involved in the decision when and whether to take Universal public in the future when the time