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Reload this Page What's happening about the failed Sedo .mobi auction??

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Old 02-09-2008, 09:30 AM THREAD STARTER               #1 (permalink)
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What's happening about the failed Sedo .mobi auction??


Are they going to re-do the auction and if so when? I cant find any hint of an answer on the Mtld site and Dotmobi typepad site. Seems like it is in indefinite state of limbo. Very sad as that original bidder on music.mobi would probably have had his site ready soon by now. Now instead....nothing.
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Old 02-09-2008, 09:36 AM   #2 (permalink)
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Hi Binaryman,

I can't remember which thread it was in, but I remember reading that the music.mobi guy will be getting the name for 616k (or something around that).

.mobi is negotiating with the potential buyers in each instance it seems which is good and the best way they could possibly be handling the situation

I've disagreed with alot of their moves in the past, but I do think they're doing a very good job here at trying to make everyone happy.

Originally Posted by binaryman
Are they going to re-do the auction and if so when? I cant find any hint of an answer on the Mtld site and Dotmobi typepad site. Seems like it is in indefinite state of limbo. Very sad as that original bidder on music.mobi would probably have had his site ready soon by now. Now instead....nothing.
edit: Found it:
????: NamePros.com http://www.namepros.com/dot-mobi/430088-whats-happening-about-failed-sedo-mobi.html

Originally Posted by accentnepal
I am not going to post a thread for this because it is two weeks old, but I missed it if this was posted here - and I cannot find a thread about it.

There was an offer of a resolution to the Sedo mess from mTLD about two weeks ago:
http://dotmobi.typepad.com/dotmobi/2...i-communi.html

From the comments it looks like there are many names that will now be sold and developed. Music.mobi is going to Constantine, the first winner, because Alvaro has ceded it to him. The first segment winners who lost in the second segment are being offered substitutes, however it appears that they won't know what they are getting until after they have paid for it. I can see why that would not be acceptable.

So anyway there is partial resolution, but there are still ruffled feathers.
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Old 02-09-2008, 09:46 AM   #3 (permalink)
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The February 7th. Update from Caroline Greer/dotMobi

Originally Posted by Caroline Greer "dotmobi.typepad.com"
February 07, 2008
December Online Auction: Next Steps

dotMobi would like to update the community on our efforts to resolve the issues relating to the Sedo auction that took place last December. We recognise that some people have been frustrated by the pace at which things have been moving, but this has been an extremely complex and difficult issue with many moving parts. That said, we are happy to report that significant progress has been made in the last couple of weeks.

We have now reached out to all of the auction stakeholders -- both the high bidders in the extended auction and those who received a notice in error as a result of the crash. We put a compromise proposal on the table and asked for feedback. Fewer than 10 of the more than 70 stakeholders rejected our proposal; since the proposal appears to have the support of the community, we are now moving forward with it. In the small number of cases where competing claims remain, we will provide appropriate assurances to the bidder entitled to the name under our proposal.

We will be contacting each bidder individually over the next few days, but the next steps will be as follows:

1. We have already delivered the authorisation codes for the names to Sedo for release in accordance with the proposal.
2. Each stakeholder will receive a detailed Agreement that describes the settlement, states our mutual obligations and releases claims arising in connection with the auction.
3. Sedo will release the codes once the stakeholder has faxed a signed copy of the Agreement to Sedo and wired the necessary funds to their Sedo account.
4. We will then begin to release the declined and substitute names to those who have faxed the signed Agreements to Sedo.

Clearly, the sooner people fax the Agreements and wire the funds, the quicker they will be in a position to register the names. And to participate in the allocation of declined and substitute names, signed Agreements must also be faxed to Sedo.

As we reach these final stages, we would like to thank everyone involved for their patience and understanding throughout this entire process. It has certainly been a unique experience with valuable lessons learned on all sides. The passion and commitment demonstrated by the community for .mobi domains has been extraordinary and that is what excites us most as we draw a line under this chapter and move on.
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Old 02-09-2008, 07:06 PM   #4 (permalink)
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Originally Posted by Reece

.mobi is negotiating with the potential buyers in each instance it seems which is good and the best way they could possibly be handling the situation
????: NamePros.com http://www.namepros.com/showthread.php?t=430088

I've disagreed with a lot of their moves in the past, but I do think they're doing a very good job here at trying to make everyone happy.
Serious battle - but good outcome in the end...

.
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Old 02-10-2008, 02:09 AM THREAD STARTER               #5 (permalink)
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Thanx to all of you who replied and for the answers you supplied. Looks like the best possible outcome has been realised.
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