Perhaps you find some humor in the problems George and Paul are currently facing, but I don't. I would welcome a full-blown SEC investigation of AGORACOM and any of the companies they are/were involved with promoting to determine if there was stock manipulation. If you wish to burrow your head in the sand and make believe that there is absolutely nothing going on, that is your business. I believe this is a serious accusation.

NOTICE OF HEARING IN THE MATTER OF THE SECURITIES ACT

time and place stated above, the hearing may proceed in the party’s absence and that party is not

entitled to any further notice in the proceeding.

by counsel at the hearing;

Commission dated April 1, 2010 and such further allegations as counsel may advise and the

Commission may permit;

Commission to make the following orders:

(a) that the registration granted to George Tsiolis (“Tsiolis”) and Paul Kondakos

(“Kondakos”) (collectively the “Individual Respondents”) under securities law be

suspended or restricted for such period as is specified by the Commission, or be

terminated, or that terms and conditions be imposed on the registration, pursuant to

paragraph 1 of section 127(1) of the Act;

(b) that trading in any securities by the Respondents cease permanently or for such period as

is specified by the Commission, pursuant to paragraph 2 of section 127(1) of the Act;

(c) that acquisition of any securities by the Respondents is prohibited, permanently or for

such other period as is specified by the Commission, pursuant to paragraph 2.1 of section

127(1) of the Act;

2

(d) that any exemptions contained in Ontario securities law do not apply to the Respondents

permanently or for such period as is specified by the Commission, pursuant to paragraph

3 of section 127(1) of the Act;

(e) that the Respondents be reprimanded, pursuant to paragraph 6 of section 127(1) of the

Act;

(f) that the Individual Respondents resign one or more positions that they hold as a director

or officer of any issuer, registrant or investment fund manager, pursuant to paragraphs 7,

8.1 and 8.3 of section 127(1) of the Act;

(g) the Individual Respondents be prohibited from becoming or acting as a director or officer

of any issuer, registrant or investment fund manager, pursuant to paragraphs 8, 8.2 and

8.4 of section 127(1) of the Act;

(h) the Respondents be prohibited from becoming or acting as a registrant, as an investment

fund manager or as a promoter, pursuant to paragraph 8.5 of section 127(1) of the Act;

(i) that each Respondent pay an administrative penalty of not more than $1 million for each

failure by that Respondent to comply with Ontario securities law;

(j) that each of the Respondents disgorge to the Commission any amounts obtained as a

result of non-compliance by that Respondent with Ontario securities law;

(k) the Respondents be ordered to pay the costs of the Commission investigation and the

hearing, pursuant to section 127.1 of the Act; and,

(l) such other order as the Commission may deem appropriate.

commencing on April 26, 2010 at 10:00 a.m. or as soon thereafter as the hearing can be held:

amended (the “Act”) at its offices at 20 Queen Street West, 17

hearing pursuant to section 127(1) and 127.1 of the

R.S.O. 1990, c. S.5, AS AMENDED

- and -

IN THE MATTER OF AGORACOM INVESTOR RELATIONS CORP.,

AGORA INTERNATIONAL ENTERPRISES CORP., GEORGE TSIOLIS and

APOSTOLIS KONDAKOS (a.k.a. PAUL KONDAKOS)

NOTICE OF HEARING

(Subsections 127(1) and 127.1)

TAKE NOTICE

IN THE MATTER OF THE