Unfortunately, I too have been burnt by Lorenzo. :disappointed:
He reneged on a deal with me (4 .ca) this week after approaching me with an Offer many months ago, us negotiating a final price (me dropping the price big time for him from XXXX to low XXX), which he accepted and said would be sending the money for, before then 'disappearing' - breaking his own word. I never received his payment dispite me inquiring multiple times about the payment, with him saying he would get to it, but didn't.
His excuse was that he was dealing with others here @ DNF whom he was having problems with and didnt want to follow-up on his own word to finish our sale because of his other problems. Lame but true. :sigh2:
He says he's in NYC now (as well as away for most of the Summer) and hasn't been able to conclude the payment - but if that's the excuse - Why approach people to buy their domains in the first place? [FYI Lorenzo, people can make payments from anywhere in the World nowadays.]
In business, when someone fails to follow-up 3 or more times on the good faith extended to them by one party - it's call 'bad faith' - and in my experience, that's how Lorenzo operates. Integrity is a Big Thing in life, and his Actions Speak Louder than his Words.
The whole process took months for me, with it all just being a waste of time from Lorenzo.
Not very community-spirited or professional at all. Of course, a sincere apologize never hurts along with making up for ones mistakes.
*holding my breathe emoticon*