RE:RE:RE:RE:RE:FYI Within the last ten years, none of the proposed directors of the Company (or any of their personal holding companies) has been subject to:
(a) any penalties or sanctions imposed by a court relating to securities legislation or by a securities regulatory authority or has entered into a settlement agreement with a securities regulatory authority; or
(b) any other penalties or sanctions imposed by a court or regulatory body which would likely be considered important to a reasonable securityholder of the Company in deciding whether to vote for a proposed director. (From the 2017 Management Circular, Pg.20)
Derek Ivany is a proposed director in 2017. Given his difficulty with the SEC regarding Myriad Interactive in 2014, as Texan has posted in this thread, the above does not appear to be true as he was the CEO when the cease trade order was issued. As the CEO of PUF in 2017, he would be responsible for the accuracy of the Circular.