Bump , want more heads to be informed about this .
Emmit went to wealthy high profile Blacks and they all refused to invest in his company. He tried the financial institutions and Wall Street and they also said no. In the meantime the government kept insisting if he could not keep up with the volume they would break the contract.
In 1995 Emmit sold Network Solutions to Science Applications International Corp (or SAIC) for 4.8 million plus personal and business debt. In a few months the government gives SAIC the rights to charge $70.00 per year for each domain name plus royalty on any other created domain names, the same request Emmit made and was refused.