[members] Message from the Chairman
Will Coleda
will at coleda.com
Sat Apr 27 13:30:56 UTC 2013
I'd like one of the options to vote on to be tpf as the destination, not as
a waypoint.
On Saturday, April 27, 2013, Allison Randal wrote:
> On 04/26/2013 06:16 PM, jerry gay wrote:
> >
> > also, it may be possible to write a legally binding letter of intent to
> > TPF, which would control how Parrot Foundation's assets must be treated
> > (e.g. disbursement rules). i'll look into it next week.
>
> Hmmmm... so a legally binding agreement requires two parties, and after
> Parrot Foundation closes there won't be any legal entity for Parrot to
> enter an agreement. You might find some more unusual legal strictures to
> use, but will they also allow transfer of the funds to SFC if/when
> that's desirable?
>
> On a more philosophical level, if you don't trust TPF to be responsible
> with whatever small amount of funds are left over after PaFo pays 2013
> taxes and all legal and accounting fees, then we have a problem. I'd go
> so far as to ask why you'd consider hosting Parrot with them at all.
>
> Allison
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--
Will "Coke" Coleda
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