.CM Fake sales scam namejet

[snicksnack]

.mobi is mainly used in Cameroon and in China too.

 

[Gerry]

.mobi is mainly used in Cameroon and in China too.

If you want to talk about .mobi, start a .mobi thread.

This is a .cm thread, am I right?

That is why I am discussing and commenting on .cm and its promoting as being a typo for .com.

Is that the thread you are in?

 

[snicksnack]

Is that the thread you are in?

I don't know , you tell me.

 

[Focus]

To everyone "ditto'ing" about why the dude bid, I have no ****ing idea..it was'nt me, we paid for the ones we won. It was a dude I spoke with via PM and I think he may have realized after the fact that .cm was'nt getting as much traffic as he thought they were...after the fact. Easy for people to get caught up in hype instead of reality.

I am merely the provider of information here...plus I don't really give a shit.

 

[snicksnack]

did you get some good once ?

 

[Focus]

Just bought a few..nothing expensive, did'nt want to bid alot on .cm names

Since WE actually always pay for what WE win, unlike some others on this forum...won't name any names. You know who you are :no:

 

[snicksnack]

paid for mine as well. nothing to expensive. Missed a few, because of the auction ending time and got outbid by a few dollars.

 

[jasdon11]

Focus, stop sending me PMs.

 

[Mike Cruz]

Focus, stop sending me PMs.

why not make this response via PM?

 

[jasdon11]

why not make this response via PM?

Reasons.

 

[Mark Talbot]

I think what the OP was trying to suggest is,..
(and I have seen this before in other venues)


Bidder 1 Makes a starting bid,...

Bidder 2 makes a little higher bid,...

Bidder 3 makes a higher-than-value bid,...

Bidder 4 if needed, makes an even higher-than-value bid.


If all top three bidders are working for the same buyers group,... bidder 3 and bidder 4 back out, leaving bidder 2 the winner.

Bidder 1 maybe would have countered bidder 2, but bidder 3 and bidder 4 made such out-of-the-money bids, bidder 1 decided it wasnt worth it anymore.


If that is what is happening, then that is auction fraud imo.

 

[chillking]

Agreed, It sounds like fraud to me it stinks you can understand the od bidder pulling out but maybe 20 fake bids on lots of different .cm names it looks like a scam that worked for the bidders who got the domains very cheap.

I think what the OP was trying to suggest is,..
(and I have seen this before in other venues)


Bidder 1 Makes a starting bid,...

Bidder 2 makes a little higher bid,...

Bidder 3 makes a higher-than-value bid,...

Bidder 4 if needed, makes an even higher-than-value bid.


If all top three bidders are working for the same buyers group,... bidder 3 and bidder 4 back out, leaving bidder 2 the winner.

Bidder 1 maybe would have countered bidder 2, but bidder 3 and bidder 4 made such out-of-the-money bids, bidder 1 decided it wasnt worth it anymore.


If that is what is happening, then that is auction fraud imo.

 

[Mark Talbot]

Agreed, It sounds like fraud to me it stinks you can understand the od bidder pulling out but maybe 20 fake bids on lots of different .cm names it looks like a scam that worked for the bidders who got the domains very cheap.

Scams that work, usually only happen in environments that allow or overlook them.



You can look for clues sometimes.


Like identify the buyer groups if you can, they dont always have to be insiders. And they will show you by observation and process analysis how involved they really are.

Identify the pumpers and dumpers. The ones that brag on their holdings or the ones that dismiss others holding them.

Identify distractors. The bait and switch cant happen if you are very focused on the prize.

Identify hot commodities that are overly hot. Most all domainers in the high dollar arena dont commonly overprice an auction on new issues.


There are a few other methods of human nature observation and logical analysis that can warn you if the playing field is uneven and/or corrupted.

 

[chillking]

Yes looks like they got away with it so far but namejet is just giving themselves a bad name.

 

[snicksnack]

Many members of this forum have bidded and won and later refused to pay. Some even made charge backs on their creditcards.

 

[Gerry]

So is the problem the .cm extension, NameJet, or both?

I fail to see what extension matters.

If people think NameJet misrepresented, that is one thing.

If you think the .cm registry misrepresented, that is another.

If you bid on a domain thinking it would bring you riches and it did not, that is nothing more than someone not doing due diligence.

 

[snicksnack]

I believe the problem are the people who failed to pay, because they didn't think when bidding. Maybe bid more than they can actually afford. I have seen posts on other forums, were people open stated that they will make charge backs if the domain does not perform as they imagined.

 

[Focus]

Most people did'nt even know the registration price until the very end, plus the auctions actually said registration price was included in the bid price, even though it said different elsewhere and most people knew the reg fee was to be added on top of the bid amount, namejet legally still made the mistake and it could be upheld in court in the bidders favor.

 

[snicksnack]

What I saw on their website, it stated that registration fee will be on top. Maybe in the first few days they had it wrong, but they for sure fixed it. The registration fee was also clear, some people simply might not read the details and simply assume a price.

 

[jasdon11]

Does anyone want to see the PMs that Focus started sending me after my post # 11 in this thread?

I'm willing to post them here (along with my responses) as I have told him to stop sending them, both by PM and in this thread, but the childish, deluded little boy insists on sending them.

If enough want to see him for what he is, I'll post 'em. He has been warned I would do so if he doesn't stop.