Kent and all,
Kent Crispin wrote:
> On Sun, Jun 20, 1999 at 10:48:39PM -0700, Karl Auerbach wrote:
> > > Let me see. I have to pay $35 to NSI to register a domain, and I
> > > have no representation on the NSI board. Taxation without
> > > representation, that's what it is, all right.
> >
> > For $71 (today's price) plus a trading commission you can by something
> > called "a share of stock" in Network Solutions.
> >
> > - It gives you a vote.
>
> With that vote and a five dollar bill you can get a cup of coffee at
> Starbucks. It has absolutely no other significance. You have no
> input in policy development whatsoever. Jeff Williams has more
> influence on ICANN than you as a holder of a single share would have
> over NSI.
This is factually untrue. As a stock holder some policy decisions
are voted upon by stock holders, though not all. With ICANN as it is
now a member has NO vote on amy policy matters, and would not
even when a membership is in place. this is a SIGNIFICANT
difference that karl correctly pointed out. You obviously do not
own any stock in a publicly held company, Kent, and you certianly
don't know what you are talking about in this instance!!!
>
>
> > - It gives you financial reports.
>
> Balony. NSI's financial reports are public record; ICANNs finances
> are a matter of public record.
Not all of a publicly held companies financial records are a matter
of public record. Many are only available to stock holders. Again, yet
another area you do not know what you are talking about Kent!
>
>
> > - It gives you the right to various financial information.
>
> You can get various financial information about ICANN.
Where is it! How do I obtain that ICANN financial information?
And I want ALL of it!!!
>
>
> > - It gives you the right to attend shareholders' meetings.
>
> *Anyone* can attend the ICANN meetings.
Yes, if they can afford the price. Publicly held companies
cannot charge entrance fees to stock holders.
>
>
> > - It give you the right to bring legal action against boardmembers or
> > officers who fail to meet their obligations to the corporation or its
> > shareholders.
>
> Depending on how things turn out, you could very well get the same
> right as a member of ICANN.
Yeah, "Depending on how things turn out". That just is not good enough!
>
>
> > It's more than one gets by being a member of ICANN.
>
> In fact it is a very great deal less.
Please spare us all this nonsense!!
>
>
> --
> Kent Crispin "Do good, and you'll be
> [EMAIL PROTECTED] lonesome." -- Mark Twain
Regards,
--
Jeffrey A. Williams
CEO/DIR. Internet Network Eng/SR. Java/CORBA Development Eng.
Information Network Eng. Group. INEG. INC.
E-Mail [EMAIL PROTECTED]
Contact Number: 972-447-1894
Address: 5 East Kirkwood Blvd. Grapevine Texas 75208
