On 10/10/20 06:47, Paul Stoetzer via AMSAT-BB wrote:
Bob,
AMSAT would have been pleased to send a representative to this meeting. Unfortunately, AMSAT's Senior Officers were not aware or informed that this meeting was taking place.
This was just the first of what we expect will be an ongoing series of meetings, so we didn't advertise it very widely. Our initial notice went to the "net 44" (TCP/IP over amateur radio) group that gave rise to ARDC. Much of the meeting reviewed the results of a survey that also initially targeted the net 44 group, and based on the responses and comments we will update our surveys and solicit responses and comments from a much wider audience.
But I can summarize some of the salient points we made yesterday.
The NDA with Amazon that covered the sale of our surplus IP addresses required us to keep the exact dollar amounts private until we were legally required to disclose them in our annual tax filings, audit and financial reports. These have just been made public and are available online through the California Attorney General's website (since ARDC is incorporated in California). You can also get some background information through our (independently written) Wikipedia article.
The bottom line is that the sale netted us about US $108M, and we expect to grant at least US $5 million *per year* on an ongoing basis, depending on how our investments perform, to a wide variety of Internet and amateur radio digital communication projects. To date we have made about $2.5 million in grants, so we're only getting started.
73, Phil, KA9Q
ARDC President