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Username: BrianC
Date/Time: Sun, October 15, 2000 at 6:05 AM GMT
Browser: Netscape Communicator V4.75 using Windows 98
Score: 5
Subject: More ill-informed claims


Do you know what an LLC is? It is a Limited Liability Company. It is a legal entity. The members of an LLC can be individuals or other legal entities.

The member companies of Afilias each own 5.263% of the Afilias entity. Thus, Afilias is a single company. Since it is a single legal entity, it pays the standard $50,000 application fee.

As a "CEO" I would have expected that you have more knowledge in the common forms of business organization. As I have mentioned in my previous posts, blatantly ill-informed posts such as yours are making this message board a big mess and are hurting the IOD cause.

Link: More information regarding LLCs

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