[governance] Reviving IGC: Merging Bestbits in, IGF Day zero event and other subjects
parminder
parminder at itforchange.net
Wed Jul 17 13:21:34 EDT 2019
So well
Cant understand whether this is just an issue of a set of people from
another group wanting to join IGC, bec they are dissolving theirs, and
there is just this concern (the joining process otherwise being straight
forward) that they get that 2 month cooling period to be able to
participate in the IGC election (although of course cooling periods too
exist for good reason).
Because herewe also seem being bequeathed a whole new self appointed
leadership , which, excuse me to say it, is nothing short of absolutely
stunning.
Now this below idea, per force and naturally, occurred to me when I read
these emails earlier in the day, But I did not share it at that time
out of geniality. But I am hardly able to repress it now, having been
pushed into writing these emails now after it seems that the concerned
people -- even after many exchanges over today and earlier -- clearly
have no intention to do anything other than what they were set upon
earlier and others have been objecting to ...
It is only in half (and not, full) jest that I quote below thewikipedia
entry for 'reverse takeover'
<https://en.wikipedia.org/wiki/Reverse_takeover> ;), with apologies, but
sometimes outside analogies can throw good light on a murky subject --
and how close the analogy reads!
A *reverse takeover* or *reverse merger takeover* (reverse IPO
<https://en.wikipedia.org/wiki/Initial_public_offering>) is the
acquisition of a public company
<https://en.wikipedia.org/wiki/Public_company> by a private company
<https://en.wikipedia.org/wiki/Private_company> so that the private
company can bypass the lengthy and complex process of going public.[1]
<https://en.wikipedia.org/wiki/Reverse_takeover#cite_note-ReverseMergers-1> The
transaction typically requires reorganization of capitalization of the
acquiring company.[2]
<https://en.wikipedia.org/wiki/Reverse_takeover#cite_note-2> Sometimes,
conversely, the private company is bought by the public listed company
through an asset swap and share issue.[3]
<https://en.wikipedia.org/wiki/Reverse_takeover#cite_note-3>
In a reverse takeover, shareholders of the private company purchase
control of the public shell company
<https://en.wikipedia.org/wiki/Shell_(corporation)> and then merge it
with the private company. The publicly traded corporation is called a
"shell" since all that exists of the original company is its
organizational structure. The private company shareholders receive a
substantial majority of the shares of the public company and control of
its board of directors
<https://en.wikipedia.org/wiki/Board_of_directors>. The transaction can
be accomplished within weeks.
The transaction involves the private and shell company exchanging
information on each other, negotiating the merger terms, and signing a
share exchange agreement. At the closing, the shell company issues a
substantial majority of its shares and board control to the shareholders
of the private company. The private company's shareholders pay for the
shell company by contributing their shares in the private company to the
shell company that they now control. This share exchange and change of
control completes the reverse takeover, transforming the formerly
privately held company into a publicly held company.
parminder
On 17/07/19 4:06 PM, Sheetal Kumar wrote:
> Dear all,
>
> I'm happy to be part of a leadership or steering group, if everyone is
> ok with that. Apart from Bruna, I would also suggest that Farzaneh is
> involved in such a group if she can be.
>
> And thank you Arsene for your help and efforts so far, much appreciated.
>
> Best
> Sheetal.
>
> On Wed, 17 Jul 2019 at 11:29, Arsène Tungali <arsenebaguma at gmail.com
> <mailto:arsenebaguma at gmail.com>> wrote:
>
> Thanks for sharing that, Ian.
>
> I really don't see a point of having elections now in the middle of an
> important process that we all look forward to. I think we should aim
> at concluding this by the end of the year, at the latest so that
> January 2020, we have everything in place? IGF is in November, we
> should be sufficiently advanced by then because that's the only big
> physical gathering for most of us here for the year and then comes
> holidays in December. All major discussions (and decisions?) should be
> taken by Berlin?
>
> If the list is happy, I am stepping down (i know I should have done
> this long time ago but if you have been following, I have only been
> doing my best to help out here) and will no longer take an official
> position here. I remain a member and will leave it to Bruna who is
> still a legitimate Co-coordinator, I believe, and Sheetal who has been
> leading this process (merger, etc). Can we trust at least the two
> individuals to lead us to a new IGC in the next few months?
>
> This said, from now on, I will be acting as a member so please
> consider my emails not as a Co-coordinator but a member.
>
> I hope this helps.
>
> Regards,
> Arsene
>
> 2019-07-17 12:18 UTC+02:00, ian.peter at ianpeter.com
> <mailto:ian.peter at ianpeter.com> <ian.peter at ianpeter.com
> <mailto:ian.peter at ianpeter.com>>:
> > Thanks for that update Arsene.
> >
> > If you are adopting a new charter as well as everything else you
> > mention, it looks to me like a long drawn out process which will
> go well
> > into 2020. That may well be the best path forward, but I think
> in the
> > circumstances it would be appropriate for this list to endorse a
> > leadership group who will guide this process forward. I would
> like to
> > feel that a step has been taken to ensure the list is happy with the
> > directions being discussed and agreeable to a leadership group
> taking it
> > forward.
> >
> > That would add a lot of credibiity IMHO.
> >
> > I won't be joining the call, but I think it is very important
> that it
> > reports back to here, as Parminder and others have mentioned,
> and that
> > steps forward are discussed here on list and endorsed.
> >
> > Ian Peter
> > ------ Original Message ------
> > From: "Arsène Tungali" <governance at lists.riseup.net
> <mailto:governance at lists.riseup.net>>
> > To: "Sheetal Kumar" <sheetal at gp-digital.org
> <mailto:sheetal at gp-digital.org>>
> > Cc: "ian.peter at ianpeter.com <mailto:ian.peter at ianpeter.com>"
> <ian.peter at ianpeter.com <mailto:ian.peter at ianpeter.com>>;
> "Salanieta T.
> > Tamanikaiwaimaro" <salanieta.tamanikaiwaimaro at gmail.com
> <mailto:salanieta.tamanikaiwaimaro at gmail.com>>; "Parminder"
> > <parminder at itforchange.net <mailto:parminder at itforchange.net>>;
> "governance" <governance at lists.riseup.net
> <mailto:governance at lists.riseup.net>>
> > Sent: 17/07/2019 7:55:02 PM
> > Subject: Re: [governance] Reviving IGC: Merging Bestbits in, IGF Day
> > zero event and other subjects
> >
> >>Good point, Sheetal and I agree with you.
> >>
> >>I had briefly discussed the election issue with Bruna during the
> last
> >>ICANN meeting and we agreed that the best time to conduct co-co
> >>elections is right after the merger step is completed, the new
> charter
> >>has been adopted and we have a unified list. I am sure Bruna was
> >>planning to report this to the list at some point, but here you are.
> >>
> >>I would suggest we all plan to attend the call and agree on next
> steps.
> >>
> >>Regards,
> >>Arsene
> >>
> >>2019-07-17 11:44 UTC+02:00, Sheetal Kumar
> <sheetal at gp-digital.org <mailto:sheetal at gp-digital.org>>:
> >>> Dear all,
> >>>
> >>> While the closure of Bestbits is an internal matter for
> Bestbits, we
> >>> have
> >>> agreed for it to be closed and so I'd say any IGC
> conversations need to
> >>> take that into account. We're at that point where the closure
> has been
> >>> agreed but there are still people on Bestbits who are not on
> IGC but
> >>> likely
> >>> will sign up to be part of the discussions soon.
> >>>
> >>> As such, shouldn't we wait for those from Bestbits who want
> to join to
> >>> join
> >>> and we can then get the IGC coordinator elections going? The
> call to
> >>> agree
> >>> next steps and make sure everyone is on the same page is
> going to be
> >>> w/c
> >>> August 5.
> >>>
> >>> Best
> >>> Sheetal
> >>>
> >>> On Wed, 17 Jul 2019 at 06:29, ian.peter at ianpeter.com
> <mailto:ian.peter at ianpeter.com>
> >>> <ian.peter at ianpeter.com <mailto:ian.peter at ianpeter.com>>
> >>> wrote:
> >>>
> >>>> Bruna,
> >>>>
> >>>> On a more substantive matter -
> >>>>
> >>>> Can you also advise us on how progress is going as regards
> getting the
> >>>> IGC
> >>>> Coordinator elections (which were due last January)
> underway? On June
> >>>> 26
> >>>> you advised the list that you. would be talking to Arsene
> and would
> >>>> get
> >>>> back to the list ASAP. Do you have an update?
> >>>>
> >>>> Ian Peter
> >>>>
> >>>>
> >>>>
> >>>> ------ Original Message ------
> >>>> From: "Salanieta T. Tamanikaiwaimaro"
> <governance at lists.riseup.net <mailto:governance at lists.riseup.net>>
> >>>> To: "Parminder" <parminder at itforchange.net
> <mailto:parminder at itforchange.net>>
> >>>> Cc: "governance" <governance at lists.riseup.net
> <mailto:governance at lists.riseup.net>>
> >>>> Sent: 17/07/2019 2:14:13 PM
> >>>> Subject: Re: [governance] Reviving IGC: Merging Bestbits in,
> IGF Day
> >>>> zero
> >>>> event and other subjects
> >>>>
> >>>> Agree with Parminder.
> >>>>
> >>>> On Wed, 17 Jul 2019, 5:11 am parminder,
> <parminder at itforchange.net <mailto:parminder at itforchange.net>>
> >>>> wrote:
> >>>>
> >>>>> HI Bruna/ All
> >>>>>
> >>>>> Good morning to all!
> >>>>>
> >>>>> Bestbits' merging into the IGC is their internal matter.
> >>>>>
> >>>>> As for a day zero event at the IGF for the IGC, when do you
> plan
> >>>>> it...
> >>>>> Just Net Coalition has an event post lunch on day zero, and
> please
> >>>>> ensure
> >>>>> that these do not clash. Thanks.
> >>>>>
> >>>>> While as a secondary or adjunct method call based
> discussions can be
> >>>>> done
> >>>>> among however wishes to do so, the charter clearly says
> that the main
> >>>>> and
> >>>>> authoritative space of IGC's work will be this e-list, which I
> >>>>> request
> >>>>> everyone's attention to.
> >>>>>
> >>>>> thanks and best regards
> >>>>>
> >>>>> parminder
> >>>>> On 17/07/19 7:32 AM, Bruna Martins dos Santos (via
> governance Mailing
> >>>>> List) wrote:
> >>>>>
> >>>>> Dear IGC members,
> >>>>>
> >>>>> As some of you might be aware, there has been some
> discussions around
> >>>>> the
> >>>>> merger of BestBits and IGC going on for the past months.
> >>>>>
> >>>>> Back in Tunis, @RightsCon <rightscon at accessnow.org
> <mailto:rightscon at accessnow.org>>, some of us
> >>>>> convened
> >>>>> to discuss further steps for Civil Society Coordination and
> that also
> >>>>> entailed the merger debate. The summary of the discussion,
> as well as
> >>>>> the
> >>>>> decision on closing BestBits can all be found at the
> BestBits list
> >>>>> <http://lists.bestbits.net/arc/bestbits/2019-07/msg00001.html>.
> >>>>>
> >>>>> Past this moment, theres a need to arrange a call to
> discuss our next
> >>>>> steps, including a Day Zero Event at the IGF, later in
> November.
> >>>>> Another
> >>>>> agenda items are also reviving the IGC website, IGC
> co-coordinators
> >>>>> elections and our charter. Additionally to IGC related
> subjects,
> >>>>> there
> >>>>> is
> >>>>> also the need to discuss a proper closure for BestBits, as
> well as
> >>>>> proper
> >>>>> outreach in a transparent way and the possibility for
> members to join
> >>>>> IGC.
> >>>>>
> >>>>> For this reason, @Sheetal Kumar <sheetal at gp-digital.org
> <mailto:sheetal at gp-digital.org>> created this
> >>>>> doodle for all interested members to indicate their
> availability for
> >>>>> the
> >>>>> call: https://doodle.com/poll/fy4mgf68qehhhh26
> >>>>> <https://doodle.com/poll/fy4mgf68qehhhh26>
> >>>>>
> >>>>> Best Regards,
> >>>>>
> >>>>> --
> >>>>> *Bruna Martins dos Santos *
> >>>>>
> >>>>> Skype ID: bruna.martinsantos
> >>>>> @boomartins
> >>>>>
> >>>>> ---
> >>>>> To unsubscribe: <mailto:igc-unsubscribe at lists.riseup.net
> <mailto:igc-unsubscribe at lists.riseup.net>>
> >>>>> <igc-unsubscribe at lists.riseup.net
> <mailto:igc-unsubscribe at lists.riseup.net>>
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> >>>>>
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> >>>>>
> >>>> ---
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> <mailto:igc-unsubscribe at lists.riseup.net>>
> >>>> List help: <https://riseup.net/lists>
> >>>>
> >>>
> >>>
> >>> --
> >>>
> >>>
> >>> *Sheetal Kumar*
> >>> Programme Lead | GLOBAL PARTNERS DIGITAL
> >>> Second Home, 68-80 Hanbury Street, London, E1 5JL
> >>> T: +44 (0)20 3 818 3258| M: +44 (0)7739569514 |
> >>> PGP ID: E592EFBBEAB1CF31 | PGP Fingerprint: F5D5 114D 173B
> E9E2 0603
> >>> DD7F
> >>> E592 EFBB EAB1 CF31|
> >>>
> >>
> >>
> >>--
> >>------------------------
> >>**Arsène Tungali* <http://about.me/ArseneTungali>*
> >>Co-Founder & Executive Director, *Rudi international
> >><http://www.rudiinternational.org>*,
> >>CEO,* Smart Services Sarl <https://www.smart-kitoko.com/>*,
> >>Tel: +243 993810967 (DRC)
> >>GPG: 523644A0
> >>
> >>2015 Mandela Washington Fellow
> >><
> >>http://tungali.blogspot.com/2015/06/selected-for-2015-mandela-washington.html>
> >>
> >>(YALI) - ICANN GNSO Council Member
> >><https://gnso.icann.org/en/about/gnso-council.htm> Member. UN
> IGF MAG
> >><https://www.un.org/press/en/2018/pi2247.doc.htm> Member
>
>
> --
> ------------------------
> **Arsène Tungali* <http://about.me/ArseneTungali>*
> Co-Founder & Executive Director, *Rudi international
> <http://www.rudiinternational.org>*,
> CEO,* Smart Services Sarl <https://www.smart-kitoko.com/>*,
> Tel: +243 993810967 (DRC)
> GPG: 523644A0
>
> 2015 Mandela Washington Fellow
> <
> http://tungali.blogspot.com/2015/06/selected-for-2015-mandela-washington.html>
>
> (YALI) - ICANN GNSO Council Member
> <https://gnso.icann.org/en/about/gnso-council.htm> Member. UN IGF MAG
> <https://www.un.org/press/en/2018/pi2247.doc.htm> Member
>
>
>
> --
>
> *
> *
> *Sheetal Kumar*
> Programme Lead | GLOBAL PARTNERS DIGITAL
> Second Home, 68-80 Hanbury Street, London, E1 5JL
> T: +44 (0)20 3 818 3258| M: +44 (0)7739569514 |
> PGP ID: E592EFBBEAB1CF31 | PGP Fingerprint: F5D5 114D 173B E9E2 0603
> DD7F E592 EFBB EAB1 CF31|
>
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