May 19, 2007
6:53 p.m.
Thanks for this, John. I think Neustar provides the backend registry for the .TRAVEL TLD. If true, I suppose the question becomes 'what will Neustar do when it stops being paid?' Seems to me that given this public statement in an SEC filing, ICANN's counsel ought to send a letter to Tralliance asking for assurances that the company intends to continue performing.
Based upon our current cash resources of approximately $480 thousand at May 4, 2007, management does not believe the Company can operate as a going concern beyond May 2007.