News just out. Seems that David has won this skirmish. I for one am totally in favour.

Now let's see what magic David can return to Augen.

1: Augen Capital Announces Changes to Board
CNW, April 28, 2008 04:00 PM

TORONTO, April 28 /CNW/ - Augen Capital Corp. (TSX-V AUG) today announced an agreement between the Company, Founder and Chairman J. David Mason and the other members of the Board of Directors that reconstitutes the Board and confirms the appointment of a new Chief Executive Officer.

Under the terms of the agreement J. David Mason will remain Chairman of the Board of Augen and, effective April 25, 2008:

    <<     -   Directors George Elliott, Michel LeBel and Rhoderic Whyte, have         voluntarily resigned from the Board of Directors;      -   George Elliott has voluntarily resigned as Chief Executive Officer;         and      -   Director Michael Fowler has been appointed Interim CEO. 

Link: http://www.globeinvestor.com/servlet...