Profit (for distribution to shareholders or similar) is distinctly different for profit as in surplus (to be invested and/or used for programs). el Sent from Dr Lisse's iPad mini
On Jan 17, 2015, at 22:11, Phil Buckingham <phil@dotadvice.co.uk> wrote:
All,
I can’t agree more with James and Keith’s comments here. Both James and I were at Namescon 2015 last week in Vegas – it’s our job / income. so I’ m personally struggling to keep up. Please please all remain on topic- accountability and transparency – treat everybody with respect even if your views are fundamentally different.
As a note (of warning) to All: Akram Atullah, ICANN ‘s Head of the Generic Domain Division responsible for new gTLDs (personal friend of ICANN’s CEO) – was a keynote speaker – publicly stated that ICANN would not contribute to a global marketing effort to boost user awareness- the programme is seriously off budget/target registrations. However the whole programme was agreed to as “not for profit”. I say again – ICANN 2013 financial audited, signed statements show a $ 80m “profit” . Something is wrong here ………….
Regards,
Phil
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