4.2 : Your terms of delegation seem like your own requirements rather than something that Ned said. Was there direct communication on this?
There were no terms of delegation provided by Steemit Inc or Ned other than to use common sense regarding what would be a bad use of the delegation and trusted us not to misuse it. However, we did provide Steemit Inc with a 13 slide power point pitch deck and presentation explaining our idea for SteemPress and how we would use a delegaiton. Since the delegation was granted on the basis of this presentation, we consider it to be the terms, or promise that we made to Ned/Steemit Inc, until other conditions are made.