Evan, Thank you for your summary of the discussion of contracted parties offering some form of rights to domain names under the ICANN Registrar Accreditation Agreements, and the still draft ICANN Registry Agreement, for some gTLDs which may exist as early as 2013. You point out the following: o if money is not exchanged until a condition is met, that such offers are not consumer fraud, false advertizing, etc. It could be useful to know if this view is informed by competent legal advice, and for which jurisdictions this view is supported by competent legal advice. The broader point I suspect is that while two thirds of all registrars are domiciled in North American region, and less than 1% of all registrars are domiciled in two of the five regions, the decision making structure of the RALOs, as a group, ensures that the view of the regions with less than 9 registrars between them can prevent the publication of bylaws advice reflecting a common policy which views fictive offers as contrary to the public interest. With that I think we're done, as far as a uniform all-RALO statement on a policy issue. Eric