Looks like the fever pitch discussions surrounding YHOO this morning are more than the company can take – at least for message boards on Yahoo Finance. Members were complaining they were down for about an hour this morning and I’ve been unable to post for close to an hour now. Some people are getting through as messages are still being posted – just not as frequently.
Regards,
George
Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s July 21 and we’ve found great press releases and stock halts from both sides of the border to report on at the open. Another great day for small-cap and micro-cap financial news.
If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap news of the day in 3-5 minutes. You can watch AGORACOM TV right from our home page .
If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:
If you want to subscribe to our Small-Cap RSS Feed or download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:
As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap and micro-cap companies that you can sort by exchange and industry to suit your personal investing tastes.
TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS BEFORE THE OPEN
Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these entries in our small-cap, micro-cap news blog, where I simply cut and paste my TV notes for your benefit, without any editing, so don’t give me a hard time! 
Now, onto our show notes for the day.
** Denotes an AGORACOM Client. AGORACOM TV Only Reports News From AGORACOM Clients That Meets The Same Newsworthy Threshold Of All Other Press Releases.
Eric Jackson spoke out via audio address this morning about his views on the Yahoo board, the deal with Carl Icahn and why many members of the Yahoo board need to be voted out at the upcoming AGM. This is a short but compelling statement that all Yahoo shareholders should listen to.
Dr. Jackson has asked for all YHOO shareholders to chime in on the Yahoo Plan B Community to have their voices hears and make their votes count.
Regards,
George
TORONTO/NAPLES, July 21, 2008 – Eric Jackson, Founder of Ironfire Capital and activist investor, is pleased to announce the launch of a Yahoo! shareholder community for the purposes of amalgamating and
communicating with all current and future pledged Yahoo! shareholders in one location at http://www.agoracom.com/ir/YHOO . This “Investor Controlled Community” will provide for high-quality discussion and exchange of ideas, while eliminating irrelevant and disruptive noise.
IMPORTANT FOR YAHOO! SHAREHOLDERS TO SHARE IDEAS
With less than 2 weeks left until the August 1st Yahoo! Annual Meeting, shareholders will be voting on the future of Yahoo! Important discussion will include choosing between the slate of investors put forth by both Yahoo! and Carl Icahn, or a hybrid. In addition, are shareholders best served by a full acquisition by Microsoft, or a sale of search only?
Commenting on the launch of this community, Eric Jackson stated “When I first created a “Plan B” for Yahoo!, I asked for fellow shareholders to offer their input and help edit our “Plan B” and, through “pledging” of shares to our group, providing us with the ability to speak directly to Yahoo! and the media with one collective voice. I never imagined we would pull together a group with 150 members and a collective 3.2mm Yahoo! shares. We’ve done that, but I believe we’re still scratching the surface of what Activism 2.0 could truly accomplish, in terms of making our voices heard.”
Jackson went on to say “I would like there to be more of a collective dialog between those within our group and those outside it. I believe the community is smarter than any one person. However, it is difficult to build a community through blog comments, while the amount of spam and noise on Yahoo! Finance message boards make them impractical to exchange ideas. Through AGORACOM, I believe we now have the platform to build a great community of concerned shareholders. This new Yahoo! HUB community will help us all be smarter and exchange ideas that can help shape the future of Yahoo! I encourage you to use it.”
The community is being hosted on AGORACOM, a second generation financial discussion community that has eliminated epidemic levels of spam, profanity and misinformation via a unique reputation system that provides highly-ranked members with the ability to enforce the community’s 6 Rules of Use by deleting offending posts and terminating offending members.
July 21, 2008
Press Release
SOURCE: AGORACOM.com and Ironfire Capital
Activist Investor Eric Jackson Recommends Mixed Yahoo!/Icahn Board in Upcoming Yahoo! Proxy Vote
TORONTO/NAPLES, July 21, 2008 – Activist investor Eric Jackson, founder of activist hedge fund Ironfire Capital, announced his recommendation that Yahoo! shareholders supporting his “Yahoo Plan B” group elect a mixed Yahoo/Icahn board at the upcoming Yahoo! Annual Meeting on August 1st.
Dr. Jackson is speaking on behalf of the “Yahoo Plan B” group, comprised of 150 members that own 3.2 million shares in Yahoo! worth over $70 million (http://www.youchoose.net/yahoo ). The “Plan B” group is the first group of shareholders assembled entirely via the Internet with the purpose of positively impacting a company’s governance and performance in a similar fashion to a large activist hedge fund.
Last year, Jackson used blog posts, YouTube videos, and other social media to rally support and positively effect change at Yahoo! His group created a “Plan B” for how Yahoo! should be run after finalizing it through a wiki (http://shareowneractivism.wikia.com/wiki/Yahoo ). The group also encouraged other shareholders to “withhold” their votes for key directors at the Yahoo! June 2007 Annual Meeting to protest the poor performance of the company combined with high executive compensation. At last year’s annual meeting, Yahoo! shareholders voted 33% against the re-election of 3 Yahoo! directors. Six days after the vote, former Chairman and CEO Terry Semel resigned.
Jackson will be announcing more details of his recommendations for how the “Yahoo! Plan B” group members should vote at this year’s Yahoo! meeting later today with the launch of a Yahoo! shareholder community at http://www.agoracom.com/ir/YHOO . Fellow shareholders can express their perspectives on how best to vote in the upcoming proxy contest at this HUB.
“While I have personally supported Carl Icahn’s efforts since he announced he was running his slate to counter the Yahoo! board’s poor oversight of the company over the last 4 years, it’s become clear over the last two weeks that many shareholders are reluctant to support the entire list of Icahn nominees. Many were concerned about a lack of an articulated operational plan for how to best run Yahoo! assuming no deal with Microsoft occurs imminently. There were also concerns about continuity with replacing the entire board. We also do not want to see Yahoo!’s poison pill-like severance package triggered by the election of 5 or more of Icahn’s nominees. As such, we are recommending that our group members vote for a mixed board with 5 re-elected Yahoo directors and 4 new directors from Icahn’s slate. This will maximize the change so desperately needed to Yahoo!’s board without the drawbacks mentioned above.
“We believe Microsoft needs Yahoo! to reinvigorate its Online Services Division and protect its Desktop software business from future threats, as their quarterly results from last week demonstrate. There is a perfect fit here for Microsoft. We are confident this new hybrid Yahoo! board can effectively conclude a deal with them as representatives of the shareholders.
“This recommendation should in no way be interpreted as satisfaction with the current Yahoo! board. Yahoo! has been in decline for 4 years now, while this board has sat back and watched – only showing great involvement when taking time to approve extravagant pay packages or furiously writing tit-for-tat letters in the past 2 months. They sat back for 5 weeks and did not engage with Microsoft after the February 1st buyout offer at a 62% premium; a move that seems very unwise in retrospect.
VOTING RECOMMENDATIONS – YAHOO NOMINEES
Dr. Jackson is recommending the re-election of the following current Yahoo board members:
– Vyomesh Joshi
– Robert Kotick
– Maggie Wilderotter
– Gary Wilson
– Jerry Yang
Jackson is recommending that members mark their Yahoo proxies with an “X” next to the option “Withhold authority to vote for any individual nominee(s) below” and then write in the numbers: 1, 2, 3, and 5. Those numbers correspond with voting against Messrs. Roy Bostock, Ronald Burke, Eric Hippeau, and Arthur Kern.
“We hold these 4 directors most responsible for the breakdown in talks with Microsoft and past lavish executive compensation” stated Jackson. “It’s time for some new blood.”
VOTING RECOMMENDATIONS – ICAHN NOMINEES
Dr. Jackson is recommending the election of the following Icahn nominees:
– Adam Dell
– John Chapple
– Lucian Bebchuk
– Edward Meyer
Dr. Jackson concluded by stating “Yahoo’s board has skilfully turned this proxy contest into a debate about Carl Icahn’s ability to run the company, which we believe is a smoke-screen to distract shareholder attention from their abysmal track record overseeing this company. A leopard doesn’t change his spots. Therefore, we feel strongly that new perspectives need to be introduced to this board to ensure future accountability to Yahoo! shareholders. We urge our “Yahoo Plan B” supporters to vote for this mixed board to accomplish that goal.”
Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s July 18 and we’ve found 3 great press releases and stock halts from both sides of the border to report on at the open. Another great day for small-cap and micro-cap financial news.
If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap news of the day in 3-5 minutes. You can watch AGORACOM TV right from our home page .
If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:
If you want to subscribe to our Small-Cap RSS Feed or download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:
As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap and micro-cap companies that you can sort by exchange and industry to suit your personal investing tastes.
TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS BEFORE THE OPEN
Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these entries in our small-cap, micro-cap news blog, where I simply cut and paste my TV notes for your benefit, without any editing, so don’t give me a hard time!
Now, onto our show notes for the day.
** Denotes an AGORACOM Client. AGORACOM TV Only Reports News From AGORACOM Clients That Meets The Same Newsworthy Threshold Of All Other Press Releases.
Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s July 17 and we’ve found 4 great press releases and stock halts from both sides of the border to report on at the open. Another great day for small-cap and micro-cap financial news.
If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap news of the day in 3-5 minutes. You can watch AGORACOM TV right from our home page .
If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:
If you want to subscribe to our Small-Cap RSS Feed or download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:
As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap and micro-cap companies that you can sort by exchange and industry to suit your personal investing tastes.
TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS BEFORE THE OPEN
Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these entries in our small-cap, micro-cap news blog, where I simply cut and paste my TV notes for your benefit, without any editing, so don’t give me a hard time!
Now, onto our show notes for the day.
** Denotes an AGORACOM Client. AGORACOM TV Only Reports News From AGORACOM Clients That Meets The Same Newsworthy Threshold Of All Other Press Releases.
Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s July 31 and we’ve found 9 great press releases and stock halts from both sides of the border to report on at the open. Another great day for small-cap and micro-cap financial news.
If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap news of the day in 3-5 minutes. You can watch AGORACOM TV right from our home page .
If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:
If you want to subscribe to our Small-Cap RSS Feed or download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:
As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap and micro-cap companies that you can sort by exchange and industry to suit your personal investing tastes.
TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS BEFORE THE OPEN
Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these entries in our small-cap, micro-cap news blog, where I simply cut and paste my TV notes for your benefit, without any editing, so don’t give me a hard time!
Now, onto our show notes for the day.
** Denotes an AGORACOM Client. AGORACOM TV Only Reports News From AGORACOM Clients That Meets The Same Newsworthy Threshold Of All Other Press Releases.
GlobeInvestor.com and ReportOnBusiness.com are the online business and investing arm of the Globe & Mail, Canada’s national newspaper. That is significant because GlobeInvestor brings in about 950,000 unique visitors per month, though we’ve heard the number is bigger.
As some of you know, AGORACOM has been the exclusive provider of small-cap resources and energy content to Globe for several months now, including a gateway from the front page of both GlobeInvestor and ReportOnBusiness.
However, as AGORACOM continues to grow and gain a wider global audience of investors, bloggers and media, it’s important to repeat it on our blog every once in a while. To keep it fresh, I’ve included images with links.
Have to admit a certain amount of pride to know that little ol’ AGORACOM is making its mark with the biggest and most respected name in Canadian business media.
Regards,
George
FRONT PAGE – GLOBE INVESTOR
FRONT PAGE – REPORT ON BUSINESS (ENERGY)
Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s July 15 and we’ve found 5 great press releases and stock halts from both sides of the border to report on at the open. Another great day for small-cap and micro-cap financial news.
If you are new to the show, it is a daily, fast-paced, edgy report that we put out at or before the open everyday that strictly reports on the best small cap and micro cap news of the day in 3-5 minutes. You can watch AGORACOM TV right from our home page .
If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:
If you want to subscribe to our Small-Cap RSS Feed or download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:
As always, don’t forget to visit the AGORACOM Marketplace where we list compelling summaries for over 85 great small-cap and micro-cap companies that you can sort by exchange and industry to suit your personal investing tastes.
TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS BEFORE THE OPEN
Our daily show focuses on content over form so that you can get profitable information into your hands as fast as possible. The same holds true for these entries in our small-cap, micro-cap news blog, where I simply cut and paste my TV notes for your benefit, without any editing, so don’t give me a hard time!
Now, onto our show notes for the day.
** Denotes an AGORACOM Client. AGORACOM TV Only Reports News From AGORACOM Clients That Meets The Same Newsworthy Threshold Of All Other Press Releases.
