Saturday 25 February 2012

Part 5 - Membership

#1


#2

#3


#1: After you read this part you will find that there is room for members of the Corporation. 5.2 states 4 classes of them. Incorporated in 1995 and all the applicants have agreed to be the first members of the Board of Directors, therefore, valid for that year.

#2: A very different one. In 2009 they eliminated ll the classes of members of the Corporation and they ended up with only Board members. Where did they find the power to do this when only the members of the Corporation can sanction an ammendment to the Charter of Incorporation? Therefore, invalid.

#3: On their website you will find this. Trying to justify the reason for the manipulation on #2 by stating just part of the rules. You be the judge of this debate.

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