Originally posted by brockn
That's a pretty good return for me. Thanks for your quick replies! I am planning on getting at least $200 per 4 LLLL domain. I have heard that all 4 LLLL .com domains will be worth $200-$500 by the end of the year. Do you think this is true? or just some people trying to bring the value up?

Is is a sales pitch. Personally I don't expect these names to hold ground over the next year once renewals start kicking in and hype subsides.

ic ic ... so would you recommend I sell now for the $40 avg. per domain?

or holding onto them just to see if they will go higher?

Originally posted by brockn
ic ic ... so would you recommend I sell now for the $40 avg. per domain?

$40 is the lowest price, not the average. Personally if I owned a lot of these names I'd be selling.

The announcement was great timing for Duke's Tuesday sales report, just out. There' a nice mention of DomainState in first para, and of George Kirikos' detective work. http://www.dnjournal.com/domainsales.htm

"Fund.com $9,995,000 Pvt Sale"

Would seem to be an error to report this as sold in the current week given the transaction happened 6 months ago,

I see a few bloggers reporting this as "the highest sale for 2008" also.

From Georgek's previous post,

"Material Agreements or Arrangements

Under an Asset Purchase Agreement dated October 1, 2007, we acquired from FST Limited the domain name “www.fund.com” and associated intellectual property, for a total cost of $9,999,950."

QUOTE: The company spokesperson said the deal closed in January fulfilling a purchase agreement that had been signed in October 2007.

" and associated-intellectual-property, for a total cost of $9,999,950."

The TM's ? or ?

the passwords

Originally posted by Domo Sapiens
" and associated-intellectual-property, for a total cost of $9,999,950."

The TM's ? or ?

Archive.org shows an active website from early 2007 saying there was a FUND.com trademark owned by Arausio Properties. That TM might have been part of the deal for Meade Technologies to rename its company.

Originally posted by fizz
QUOTE: The company spokesperson said the deal closed in January fulfilling a purchase agreement that had been signed in October 2007.

Could be that they put off the closing until January to push it into a new tax year. The last Whois change is January 10 a few days before they filed their SEC report.

In the DNJournal story, I'm described as a "financial analyst", which should be removed. My background is finance, but a financial analyst is a
specific profession with specific requirements for disclosure, e.g.

http://en.wikipedia.org/wiki/Financial_analyst

which I am definitely not. "Investor" might be a more accurate
description to use, as an alternative.

Just like someone who does their own accounting isn't necessarily an Accountant, or someone who makes a deposit at a bank isn't necessarily a "banker."

According to the WHOIS history, it seemed to change ownership from FST of Hong Kong to Meade Technologies between November 4, 2007:

http://domain-history.domaintools.co...ate=2007-11-04

and November 15, 2007:

http://domain-history.domaintools.co...ate=2007-11-15

But, as to when the cash ultimately changed hands, it could have been in 2008 (i.e. maybe by multiple installments?). If it was 2 installments of $5 million, it might explain why it was $50 short of $10 million, as when I send an international wire transfer I always add $25 to cover banking fees of intermediary banks. Perhaps they forgot to include $25, twice?

I don't trust companies that went public through reverse mergers. Did you see what this company they merged through did? Tax advice. The shell company that was involved had a whopping $6,249 of cash as of September 30, 2007 and had about $30k in revenue for the 3 months ending then.

The $20M capitalization they received was through a key shareholder's bank.

Ron, is the rep you reached about the sale figure Justine Sacco, who works for their investor relations group?

It's possible that they received funding, went public through the reverse merger, and bought the domain, but I have my suspicions that this is the full story.

Anyone know if this Equities magazine they now sell was part of the transaction? Perhaps that was the related IP.

There's a stiff penalty for lying to the SEC. But OTC companies do it all the time

Originally posted by DomainNameWire
Ron, is the rep you reached about the sale figure Justine Sacco, who works for their investor relations group?

Andrew - yes Darren Rennick directed me to Justine who was fielding all of the press inquiries for Fund.com Inc.

Originally posted by GeorgeK
In the DNJournal story, I'm described as a "financial analyst", which should be removed.

Corrected this George - sorry for the misrepresentation.