I think you should make a difference between shares and advisory board.
Hamakor was offered shares in Vaya.
Hamakor was not asked to seat in any advisory board.

-- 
Ori Idan

Omer Zak wrote:

>Even having representatives sitting on the advisory board of another
>organization causes Hamakor to assume more roles than the minimal ones
>of money management and focal point for Public Relations & External
>Politics.  This would, for example, force the board to decide who will
>be Hamakor's representatives in the advisory board (or at least how they
>will be chosen).
>
>Hence, I suggest to limit Hamakor's official role to joint sponsorship
>(for PR advantage) of projects sponsored by Vaya Research Organization.
>The Hamakor board would need to decide, on project by project basis,
>whether to sponsor a project or not.  But this is not different from
>today's decisions whether and how to manage the monetary affairs of a
>project like August Penguin or W2L.
>
>If Vaya Research Organization want anyone from Hamakor membership to
>advise them, they can publicize an invitation in this mailing list.  If
>they want to hold a meeting and there are too many Hamakor members who
>want to participate in it, Vaya can choose representatives from those
>members in whatever way they want.  Hamakor does not need to be
>officially involved at all.
>                                               --- Omer
>
>On Tue, 2005-12-20 at 12:52 +0200, E L wrote:
>  
>
>>I agree with that.
>>
>>Ely
>>
>>On 12/20/05, guy keren <[EMAIL PROTECTED]> wrote:
>>        
>>        On Tue, 20 Dec 2005, Omer Zak wrote:
>>        
>>        > On Tue, 2005-12-20 at 09:32 +0200, Alon Altman wrote:
>>        > > On Tue, 20 Dec 2005, Omer Zak wrote:
>>        > > > We also have to ensure that Hamakor's official positions
>>        are made 
>>        > > > unattractive to power-hungry politicians.This means, for
>>        example, that
>>        > > > the Hamakor board should think twice before accepting
>>        the share in the
>>        > > > Vaya Research Institute.It is OK and necessary that
>>        people, who
>>        > > > volunteered to serve in Hamakor's board and other
>>        positions, are
>>        > > > rewarded AFTER they finish their terms in those
>>        positions.But as long
>>        > > > as they are holding those positions, they should not
>>        have incentives to 
>>        > > > continue clinging to them.
>>        > >
>>        > >  The shares in Vaya were awarded to Hamakor, not to the
>>        board members.
>>        > > These shares do not have a monetaryvalue and are only
>>        symbolic.
>>        >
>>        > It does not matter.Once Hamakor has those shares, the
>>        Hamakor Board
>>        > has some tiny power over another organization, and this tiny
>>        power has
>>        > the consequence of adding to the attraction in the eyes of
>>        power-hungry 
>>        > people.
>>        >
>>        > If Hamakor's goals can be furthered by share-based control
>>        over Vaya
>>        > Research Institution, then this may be worth the above
>>        risk.But I do
>>        > not see where those shares can further the goals of
>>        Hamakor.Anything
>>        > Hamakor needs to further its goals can be nicely asked of
>>        the major
>>        > stakeholders of Vaya Research Institution.
>>        
>>        in other words, hamakor can simply sit on the advisory board,
>>        instead of 
>>        having direct stakes in another organization.
>>        
>>        i think this will be enough to achieve what was desired,
>>        without having to
>>        add more beaurocracy of shares.
>>    
>>


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