Darren06 said:I heard this from an adult board. If its true it is a big sale.
Darren06 said:I heard this from an adult board. If its true it is a big sale.
Terms of the settlement were not disclosed. However, sources close to the agreement said it was in excess of $15 million.
VeriSign declined to comment on the settlement.
Kremen lost his rights to the Sex.com domain name in 1995, when a man named Stephen Cohen contacted Network Solutions and convinced the registrar to authorize transfer of the domain to himself. Cohen claimed in a letter that Kremen's company, "Online Classifieds," did not have an Internet connection and authorized the transfer of the domain name. Network Solutions transferred the domain without contacting Kremen or verifying the authenticity of the letter.
Cohen went on to make at least $40 million over the next few years, using the site, Kremen's attorneys said.
ExpireGuy said:uhm......don't think so.
From: Verisign settles domain name lawsuit with Sex.com
Article is referanced from last year.....
ForumTalks.com said:Truthfly I don't think any domain is worth 15 million dollars lol, it's online property but I also think it is the most valuble domain name because I guarantee everyone atleast once in this world with a computer isnt mentally disabled typed in that domain name.
dodo1 said:The sale of sex.com is still a rumour, but if it's true then the domain's sales
price is much too low, in my opinion. Sex.com is potentially worth high seven
or even low eight figures. It's one of the best (if not the best) domains on
the Internet and it can earn millions in a month. Anyway, we don't know any
details about the sale. It's also possible that the $15M was a one-time pay-
ment and the seller will get a share of the domain's income for the next years,
etc. I doubt anybody would sell this premium domain for only $15M. Hopefully
we will know more about this 'rumour' within the next hours or days.
Hehe. You're right, Dave. I found the mistake myself after I had it posted. The post should be correct now. Thanks anyways. :wink:dwrixon said:I know you yanks count funny with that billion and trillion thing, but I thought 15M was an 8 figure sum???
dodo1 said:Hehe. You're right, Dave. I found the mistake myself after I had it posted. The post should be correct now. Thanks anyways. :wink:
RADiSTAR said:I saw sex.com on Ebay the other day, selling for $200.
Oh wait, that was a worthless IDN name :-D
At least Gary is denying it.Darren06 said:Ok everyone the rumour was false.
RADiSTAR said:I saw sex.com on Ebay the other day, selling for $200.
Oh wait, that was a worthless IDN name :-D
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