ICANN To Spend $1M On Ads – Reports $4.7M Investment Loss
March 2, No Comments - Author: Simon JohnsonICANN is apparently embarking on a million dollar campaign to convince us to buy their story on generic domains. Its reported that the campaign will start in Q4 2009 with a series of announcements and PR.

The Australian is reporting that Dr Twomey said an independent panel would be appointed to decide who would be allowed to register a disputed domain, but no details were available about who might be on it. I’m sure its going to be “fair and balanced” – just like Fox news.
Best of luck to the ICANN Executive who are no doubt practicing their Jedi mind tricks – “these arent the domains droids your looking for”.
What do you think? Is $1million a waste of funds? After all, its 5,000,000 ICANN .20 cent fees for a .com!
Add this to the “Realized and unrealized investment losses of $4.7 mil thru year to date” which was very quietly disclosed in the unaudited financial results. Click on the down arrow on the left hand side of the graph and you will see a little pop-up that mentions this little gem!
Who in ICANN is being made accountable for this investment loss?
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