Thursday, February 22, 2007

AGLOCO IS WORLDWIDE

Country Specific Restrictions

  • Currently AGLOCO™ is open for Membership to anyone worldwide. However, due to different regulatory requirements in each country, it may become necessary for AGLOCO™ to restrict certain countries from Viewbar™ downloads or Viewbar™ use.
  • In some countries, for Member participation, AGLOCO™ may have to qualify for share issuance prior to offering shares to Members. In all countries prior to share issuance, Members' hours will be accrued and shares will be issued when the AGLOCO™ board of directors approves them.
  • Some countries may be too small or legal requirements too complicated, for shares to be issued to Members in that country. (As a Member owned company it may not be prudent to incur the excess expenses for all Members, just to distribute shares in the countries so affected). In this case, AGLOCO™ reserves the right to exchange hours for cash, once there is a public market for AGLOCO™ stock.

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