Marijuana.Com Broker earns 10% of $1.1 Million

[maximux1]

Sold

 

[nitronet]

Your link states this...

Business Summary

Global Sativa Corporation is offering to sell the domain name, "Marijuana.Com", and all related data for $1,000,000.00 U.S.

Your post says this...

We currently have a $1,000,000(US$) offer on the domain by a private party.

Sounds to me that the domain is SOLD.

Congratulations!

 

[maximux1]

We do not like the financing terms on this offer and have put it on ice as we continue to market the domain.

Thanks for the congrats, though.

 

[Domagon]

Welcome Rick ... this is Ron from cann.com ... great to see you here

Feel free to contact me PM and/or Email if you'd like me to assist with brokering ...

A free tip ... steer clear of "financing" - no need for that on a deal even of that size, since there are numerous domain name buyers out there that can and will pay such an amount all at once.

Ron

 

[maximux1]

Hey Ron! Long Time no see!

I was just visiting your Cannabis.Com thread here, was gonna send you an email.

I hope you're doing well! Things have been very good for us. I appreciate your advice and that financing, but... What do you think about the extended interest costs as potential revenue? Almost seems like a seller could do better with a half down, half carried deal. Dont know for sure, though.

Great to see ya! Let me know if you have any ideas!

Rick

 

[Cash Is King]

Cash is king my friend!

I appreciate your advice and that financing, but... What do you think about the extended interest costs as potential revenue? Almost seems like a seller could do better with a half down, half carried deal. Dont know for sure, though.

Rick

 

[maximux1]

I guess, that may be debatable...

Scenario:
Company A buys domain for 1 million, pays 500,000 down and finances 500,000 over 3 years at prime +2 pts. Thats a payment of somewhere around 14K per mo for 36 months. As with all finance deals, default results in reposession of the property. This would have to be part of the contract, of course, but - it is possible to see Company A default 1/2/3 years into their contract and loose the property they were paying on. This happens quite regularly.

On the flip side - I wouldnt sell to someone that I "knew" was going to default. So, it's an internal catch 22 to me. I can see both sides, but I cant see the benefit of taking one million in cash over 800 in cash and 200K over time, with interest and penalties.

I do imagine that it would take a rock solid contract. I'd love ANY and ALL advice you guys might have for me. It's a big sale, but we dont have to sell. It's VERY profitable as it is. My feeling is that we have reached the summit of our resources.

Thanks in advance...

 

[Domagon]

I guess, that may be debatable...

Scenario:
Company A buys domain for 1 million, pays 500,000 down and finances 500,000 over 3 years at prime +2 pts. Thats a payment of somewhere around 14K per mo for 36 months. As with all finance deals, default results in reposession of the property. This would have to be part of the contract, of course, but - it is possible to see Company A default 1/2/3 years into their contract and loose the property they were paying on. This happens quite regularly.

Repossession of a domain name ... that could get interesting - even with physical property, foreclosure is something lenders try to avoid; it's bad business.

On the flip side - I wouldnt sell to someone that I "knew" was going to default. So, it's an internal catch 22 to me. I can see both sides, but I cant see the benefit of taking one million in cash over 800 in cash and 200K over time, with interest and penalties.

One may be financially stable today, but who knows about tomorrow or next year, etc ... things change - even honest, committed folks can find themselves in financial trouble quite quickly; think operation pipe dreams - knocked out many companies overnight and has affected many others, including High Times - they have yet to recover.

I do imagine that it would take a rock solid contract.

There is no such thing as a "rock solid contract" - you can't rely on a piece of paper alone to protect your interests.

All cash is best - not necessarily from a tax standpoint, etc, but allows you to reinvest in something else right away without having to worry for the next 3 years or whatever about losing the domain; it being damaged - used for spam, illicit sales, etc.

Instead of putting so much effort into making a few extra dollars on interest, etc, work on getting a higher price upfront instead...

I'd love ANY and ALL advice you guys might have for me. It's a big sale, but we dont have to sell. It's VERY profitable as it is. My feeling is that we have reached the summit of our resources.

You're at the right place ... many knowledgeable folks here ... listen to what folks are suggesting and you'll make bank!

Ron

 

[maximux1]

Instead of putting so much effort into making a few extra dollars on interest, etc, work on getting a higher price upfront instead...

This is a great point, Ron, thanks for making it more clear for me. I do better understand what you mean now.

I have talked to 2 very interesting people on the telephone from this forum since I first posted yesterday. Interesting how the Casino owners have so much interest. I would have thought porn, maybe. The fact that I've gotten more attention here than over at sedo leads me to believe you guys have a solid hold on the domain speculation market.

Keep up the great work! And by dnforums.com from that clown!

 

[Domagon]

Did you get my PM? Or are you solely going with listing on Sedo for now?

The adult business is nothing like it once was. Mainstream PPC is where the action is now - and continues to grow.

In regards to casino owners wanting marijuana.com - I guess they figure a lot of "stoners" gamble? Makes sense, but not sure that translates to the on-line realm ... have you ever had any decent size "casino" site seeking to advertise there?

But I digress ... please let me know about brokering. Thanks again.

Ron

 

[DaddyHalbucks]

Gambling and porn are the only two things that make money on the net, so it figures.

 

[Steen]

Gambling and porn are the only two things that make money on the net, so it figures.

There is no money in mainstream :laugh:

 

[hotirish]

There is no money in mainstream :laugh:

and there's no money in porn anymore, so does that mean there's just no money???


:'( :'( :'(

 

[Mr. Deleted]

What about the US goverment? U think they would be interested in this name? It is something you might want to concider, but if you sell to them, I would not sell them the site, as they would go through all the private info, and arrest all the biggest forum members. But I think they might be a buyer if they were offered the name.

 

[EM @MAJ.com]

What about the US goverment? U think they would be interested in this name? It is something you might want to concider, but if you sell to them, I would not sell them the site, as they would go through all the private info, and arrest all the biggest forum members. But I think they might be a buyer if they were offered the name.

US Government, I don't think so. They did not bother to buy whitehouse.com.

Nice domain you have there.
Em

 

[Jernet]

Gambling and porn are the only two things that make money on the net, so it figures.

that is news to me :undecided

 

[Domagon]

In another marijuana.com thread, I posted my dimes worth on that subject in some depth ...

http://www.dnforum.com/showthread.php?t=76108&page=2&highlight=marijuana.com

In a nutshell, you're right on ... I agree it's a nice domain though LOL!

Ron

 

[typeins]

lol no money in porn?.. No it's just not as easy as it was in like 97.. theres still PLENTY of money to go around in all areas.. especially porn. You just have to know what you are doing and what converts.. I point certain things to porn and it converts very nicely. The only reason half the people dont make any cash is because its all TPG, MP jerk off traffic going around and around.. Typein traffic still converts very well

There is a hell of a lof of cash in PPC stuff though for general traffic, gone are the days where you could just point all your traffic to porn and watch the signups fly in.

and there's no money in porn anymore, so does that mean there's just no money???


:'( :'( :'(

 

[QuantumBeam]

 

[Kerry Jones]

I'm willing to give it a shot on selling the domain. I'm betting we could get an offer of $1.3 million dollars if we were to play out cards right. I have a feeling the domain is high traffic as well.

Can you email me with all details to [email protected]?

I will also need the contact informatio of the 3rd party.