RE: [registrars] by-law ammendments

["Tom D'Alleva" <tdalleva@bulkregister.com>]

I think the spirit of item 5, option 2, actually meant to say, "...more than
50% of the voting shares...".

>Option 2: Where a company owns more than 51% of the voting shares
>   of one or more ICANN Accredited Registrars, that company shall be
>  limited to one vote on Constituency voting matters.