The Domain name, Valuable.com just sold on Sedo.com for $28,500 with 2 bidders battling it out from $12,500 on. In other Sedo.com auctions which just closed today, LosAngeles.de sold for 8,100 Euro's which is about $11K, FindInsurance.com Sold for $7,209, Shoes.Info sold for $3,100. The auction for TheAgency.com is still ongoing but reserve has been met and the high bid currently sits at … [Read more...]
Archives for October 2010
Court Approves Sex.com Sale
The Court overseeing the Sex.com bankruptcy case approved the sale of the domain name yesterday for $13 Million dollars. It looks like the Court also ordered the $2 Million dollars that was the subject of a motion to object to the sale filed by Nothin’ But Net to be held pending additional hearing on that matter. Once again it's a great sale and almost double what I expected the domain to … [Read more...]
AVN: National A-1 Update: Escorts.com, Not HotMovies.com Maybe The Issue
AVN.com Has just updated its story on the raid on National A-1 this morning. According to the updated story, the Local CBS affiliate is reporting, that the raid was related to a prostitution ring investigation." and according to the new report it could be the National A-1 owned site Escorts.com, that could be the issue rather than HotMovies.com AVN quoted a special agent of the FBI, … [Read more...]
National A-1 Raided By The FBI & Other Law Enforcement
As reported by Elliotsblog.com, AVN.com and Xbiznewswire.com, the offices of National A-1 located in Philadelphia, were raided today by "more than 100 law enforcement agents from the FBI and local police." National A-1 operates some adult sites, including HotMovies.com and GayMovies.com. According to the articles, "the FBI agents were armed with search warrants and more than 100 employees … [Read more...]
Sex.com Sale Hits Road Block As A Creditor Objects To The Sale
According to XBizNewswire.com, the sale of Sex.com to Clover Holdings has hit a roadblock, as one of it’s creditors filed a motion in court today opposing part of the sale agreement. Last week we reported that the domain name Sex.com sold for $13 Million dollars pending court approval. The court hearing on the motion to sell the domain was to be held today. However according to the … [Read more...]
Is Comcast A Cybersquatter? A Law Suit Says Yes: The Case Of Fancast.com
A company Fancaster, Inc. sued Comcast (which has agreed to buy NBC, awaiting regulatory approval) in federal court in New Jersey back in 2008 over the domain Fancast.com under the Lanham Act, for trademark infringement, false designation of origin and unfair competition, trade name infringement and cybersquatting. A court hearing was held yesterday on the case where the court granted the … [Read more...]
SnapNames/Oversee.net Settles Class Action & Case With Brady
Oversee.net just announced that it has settled two outstanding cases from the Brady Bidding Scandal. One was a class action bought by some of the bidders on the SnapNames.com system that were effected by Brady's bidding. The other case settled today was the action that Oversee brought against Brady seeking $33 Million dollars. For our own account at SnapNames.com we took our settlement … [Read more...]