[Community-Discuss] South Africa ISPA Statement on Recent AFRINIC developments

[Sylvain Baya]

Dear AfriNIC's Community,

Please see my comment below, inline...

Le mer. 4 août 2021 à 3:10 AM, Ronald F. Guilmette <rfg at tristatelogic.com>
a écrit :


> In message <354F6704-0224-4525-B26B-D9B259FB2716 at delong.com>,

> Owen DeLong <owen at delong.com> wrote:

>

> >> Show me where AFRINIC took *any* action to in any way remove any of its

> >> bank assets or to place any of them in any place outside of the

> jurisdiction

> >> of, or beyond the control of the court.

> >

> >AFRINIC has relatively limited income. They have a burn rate that is not

> far

> >from their income. Their day to day expenses, especially in light of their

> >propensity for board travel, etc. could easily be used to dissipate a

> substantial

> >fraction of their current holdings...

>

> That's bullshit.  The entire AFRINIC budget for 2015, which I saw, was

> something just a bit north of $4 million USD.




Hi Ronald,
Thanks for your email, brother.

...i add the source[1], to give an opportunity
 to everyone to check by themselves.
__
[1]: <https://afrinic.net/finance>

...exact budget revenue for 2015 is:
$4,135,783

...exact budget revenue for 2021 is:
$6,067,875


Shalom,
--sb.



I suspect that the

> organization proabbly has at least 1/4 of that amount on hand and in

> the bank at any given time to pay expenses.

>

> So where exactly do you think the jet-setting board members are going to

> fly off to that is going to cost even a "substantial fraction" of that?

> Mars?

>

> Owen, the more you talk, the more laughable and the more extreme you get.

>

> >which fall well short of what the courts

> >consider to be a likely judgment in the case.

>

> Stop lying and stop putting words into the mouth of the judge.  The court

> has rendered -no- opinion on the "likely judgment in the case".  Indeed,

> the court hasn't even begun to consider the merits of the case.  All that

> has happened is that one judge made a decision to do exactly and only

> what Lu Heng's high-priced and undoubtedly well-connected Appleby lawyer

> asked that judge to do, and only in a one-sided EX PARTE context, where

> only one side was even present to argue its side of things.

>

> That's not even a remotely fair way to decide such weighty and

> consequential

> matters, and it reeks like a whore house at low tide.

>

> >>> The only reason the restraint "threatens" the

> >>> existence of the organization is because the organizations finances

> have

> >>> not been arranged in a proper way.

> >>

> >> That is also bullshit.

> >

> >Not entirely so, no.

>

> Prove it.

>

> Where is the actual evidence that AFRINIC's "finances have not been

> arranged

> in a proper way"?

>

> It is "put up or shut up" time, for ALL of the speculative and false

> assertions that have been made here, based on absoluetly -zero- actual

> evidence.

>

> >The true value expressed in the law suit is $1.8 billion USD.

>

> Thank you for at least being honest about this one already known and

> established public fact.

>

>

> Regards,

> rfg

>

> [...]

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