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AGORACOM NEWS FLASH

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: Advance Notice Policy not in affect

If I understand this correctly, since the shareholders didn't vote last year to implement the Advance Notice Policy, it is no longer in affect. So does this mean we can nominate from the floor?

For British Columbia companies, advance notice provisions have recently been adopted by way of a policy of the board.2 Such a policy, which is effective upon adoption by the board, is put to shareholders for approval, on the basis that the policy would cease to be effective at the conclusion of the shareholders' meeting (and therefore after the election of directors) if not approved by shareholders at that meeting. Notwithstanding a recent court decision upholding such a policy, we remain concerned with the adoption of advance notice provisions outside of a corporation's articles or by-laws.3

http://www.mcmillan.ca/advance-notice-by-laws-part-III-advance-notice-by-laws-gain-greater-acceptance-in-Canada-sample-updated-by-law

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