May 26, 2004
5:51 p.m.
If Kurt circulated the budget amung the top 15 that would also be enough registrars to approve the budget as approval is done with market share, not the one entity one vote.
* With the NEW proposed budget this number I think is around 30. I havent calculated this figure. Just heard it. If however 2 of the top ten do not agree to this budget then the number automatically increases from 30 to say 40 or probably even more. * If the budget is NOT approved by the Registrars then the money must be collected from the Registries. This is an important clause for us to focus on too, since the Regsitries have a CAP on their fee collected bhavin