INTERVIEW comments by Conrad on IPv4

I have the following in an article to be published this week

"David Conrad recently reminded legal participant of telecom conferences
that Ipv4 address space remains yours even if you don't pay the registry
fees.  Conrad a registry insider at ARIN admitted people don't have to
return address space if they don't pay their fees."

Can anyone tell me why this is the case?

regards
joe baptista

--
Planet Communications & Computing Facility
a division of The dot.GOD Registry, Limited