According to a press release today, Solar Energy Initiatives, Inc. (OTCBB:SNRY), in announcing its financial results for the quarter ending october 31, 2008, states:
“”””In the first quarter of 2008, capital expenditures were approximately $1.6 million, the majority of which was related to the acquisition of business assets, primarily the solarenergy.com domain name.”””
I have no heard or read about the sale of this domain, but it certainly reads as if this domain was purchased in the area of $1.5M- $1.6M. Being that this is a public company, seems like a real sale in that price range.
It certainly is a domain worth seven figures and seems like a good buy at that price.
I would estimate the true market value of this domain to be north of $3M and probably around $5M.
It also go to remind us, that there are a lot of “unreported” domain sales, that take place.
We all eagerly await Ron Jackson’s DnJournal.com weekly sales reports, to see how the domain sales market is doing. However, we should all be reminded that these figures only reflect reported sales and there is a whole other world of unreported sales, some of them major ones, like this.