ARIN will for the very first time, sometime between the middle and end of next year, receive a request for IPv4 address space that is justified and meets the policy"
They say no all the time, to anyone that doesn't meet their criteria, ie "the policy".
I dunno exactly what that is, but I'm going to assume it includes some kind of need or size requirements.
"Roman Polanski makes his own blood. He's smart -- that's why his movies work." -- A brilliant director at "Frank's Place"