CEO of .travel to buy 25,000 domains a year

dom35 · 12-27-2007, 10:29 PM

It sound surprising that Labigroup (owned by the CEO of .travel) agrees to buy .travel 25,000 domains a year from the registrars of .travel.
????: NamePros.com http://www.namepros.com/industry-news/411587-ceo-travel-buy-25-000-domains.html

Any ideas ?

-----------------------------------------------------------

http://www.sec.gov/Archives/edgar/da...v098280_8k.htm

On December 20, 2007, the Company, through its subsidiary, Tralliance Corporation (“Tralliance”), entered into a Bulk Registration Co-Marketing Agreement (the “Agreement”) with Labigroup, under Tralliance’s Bulk Purchasing Program available to entities committing to a minimum purchase of 25,000 “.travel” domain names within one-year. Labigroup is controlled by the Company’s Chairman and Chief Executive Officer, Michael Egan and our remaining directors own a minority interest in Labigroup. Under the Agreement, Labigroup committed to purchase a predetermined minimum number of “.travel” domain names on a bulk basis from an accredited “.travel” registrar of its own choosing and to establish a predetermined minimum number of related “.travel” websites. As consideration for the “.travel” domain names to be purchased under the Agreement, Labigroup agreed to pay certain fixed fees and make other payments, including but not limited to, an ongoing royalty calculated as a % share of its Net Revenue, as defined in the Agreement, to Tralliance. The Agreement has an initial term which expires September 30, 2010, after which it may be renewed for successive periods of two and three years, respectively. Labigroup has paid Tralliance the sum of $262,500 under the Agreement to date.

Sam · 12-28-2007, 02:04 AM

, thats the guy who owned all the premium .travel names by registering TWO DAYS before the landrush officially opened. Complete BS, IMO. Insider Trading ?!?!?

Carlton · 12-28-2007, 02:16 AM

dotMOBI opened everyone's eyes as to how you properly release a tld. Sounds like someone is retooling .travel with big plans in the works.

dom35 · 12-28-2007, 03:19 AM

The name of the CEO is Michael Egan.

It is the same person ?

Originally Posted by Sam

, thats the guy who owned all the premium .travel names by registering TWO DAYS before the landrush officially opened. Complete BS, IMO. Insider Trading ?!?!?

duceman · 12-28-2007, 07:05 AM

Not a good way to drum up interest in the TLD in my opinion.

Sam · 12-28-2007, 11:39 AM

Originally Posted by dom35

The name of the CEO is Michael Egan.

It is the same person ?

Yes!! Wow at least they will be developed hopefully

sdsinc · 12-28-2007, 12:31 PM

Even at bulk price I would put my money elsewhere

Rochemontagne · 12-28-2007, 02:31 PM

I was going to buy a couple .travel names, but I think I will pass. I smell a skunk!

thebutler · 12-28-2007, 07:06 PM

I guess that might explain why he got the inside deal on the prmium names. Nice one.

dom35 · 12-28-2007, 07:14 PM

Time to think more about .travel.

http://investing.businessweek.com/re...sp?symbol=TGLO
http://www.vonage-forum.com/article112.html

Egan was the owner of Alamo Rent a Car.

Theglobe.com received a lawsuit about spam to Youtube users using 95 dummy accounts; reached a settlement. Today the stocks reached the lowest price from january 2007.

It looks like there is too many warning lights. I trust the extension but not much the company running it.

RareIQ · 12-29-2007, 07:40 PM

Anyone know what reg fee is for .travel domains ?

dom35 · 12-29-2007, 07:50 PM

From $99

domainer50 · 12-29-2007, 08:46 PM

Originally Posted by duceman

Not a good way to drum up interest in the TLD in my opinion.

I have to disagree. I think it is a pretty good idea.

derrida · 12-30-2007, 03:17 AM

i think there is a name for this: insider trading.

simon johnson · 12-30-2007, 02:46 PM

Interesting that they have to pay a "% share of its Net Revenue" to themselves... oops... I mean to Tralliance. Talk about keeping it in the family.

dom35 · 12-30-2007, 03:20 PM

It would be interesting to know how many domains .travel had been sold after the opening both to general public and to related parties, both in bulk and individually. Previously they have about 25.000 registered.

In the .travel there is a lot of serious people with a huge background in tourism:
http://www.ttpc.travel/board.html
????: NamePros.com http://www.namepros.com/showthread.php?t=411587
http://www.ttpc.travel/committees.html
http://www.ttpc.travel/members.html

May be the owners just trust in the extension and are trying to keep it alive the company to sell it to someone else.

Sad situation for a interesting extension

Ronald Regging · 12-30-2007, 07:25 PM

Every new extension is rife with corruption and profiteering. It's just the way the game is played unfortunately. Why not take the stance of "reserving" premium domains to be auctioned off at a later date? Who knows, who cares, it's all the same in the end, money in the bank...
????: NamePros.com http://www.namepros.com/showthread.php?t=411587

Though, given the fact that ICANN pockets application fees, whether approved or not, stalls applications for years and generally is a wretched beast to deal with, can one really be blamed for claiming the spoils that come with the victory of such a war?

With enough money and patience, anyone can be granted a license to print money, as it were... And as always, the rest of us scramble for peanuts in an effort to coerce the monkey to dance.

iulianh · 12-30-2007, 11:34 PM

I think he wants to buy all the .travel domains and sell them to make good money

dom35 · 01-06-2008, 06:01 AM

Just a clear example:

tours.travel

Registered by Labitrav on december 20th, 2007, just hours before the opening. Labitrav (Labigroup it is mentioned in the SEC filling) it is also based in Fort Lauderdale, and almost sure the owners are the same than of the Tralliance.

http://whois.travel/whois.cgi?TLD=tr...h=Submit+Query

Now I am convinced, this is inside trading. None controls this ?

wasistdas · 01-09-2008, 06:03 AM

Oh, that's why labitrav registered all available big geonames in .travel right before the .travel landrush. 25,000 names. No way to develop but use wiki info. Normal project cannot be made easy. Pitty, but with this situation I should say .travel is a dead zone. It is going to be mostly trash with specialized PPC and trash info. I do not even doubt that labitrav will not be able to run right geosites. As well as won;t ppl like Samuel Huang who also took many geonames for use as exhibits in his .travel mausoleum.

dom35 · 01-09-2008, 06:24 AM

I would like to know the opinion of the travel business people that backed up this project and now have their names used.

Sad.

Not a cent more for .travel. Even the SEC should act here.

Darkneoboi · 01-09-2008, 08:40 AM

This is a really bad way to start a TLD, i think they should have limits on TLD when they first come out so everyone gets a chance at what they want.

Anyone agree?

dom35 · 01-09-2008, 08:59 AM

I agree

RTM · 01-09-2008, 05:58 PM

Sad, that although the classic movie "Wall Street" came out in 1986 (with GG telling his shareholders in the movie that "Greed is good") and the scandals of Enron, Worldcom, Tyco in the 90s early 2000s... and here we are at the cusp of 2008 and....

this .travel scam surfaces.

Are we all that surprised?

SEC is for securities.. they don't regulate the domain market - err, that would be ICANN, right?

Sigh....

Rob

Sam · 01-10-2008, 01:19 PM

Originally Posted by wasistdas

Oh, that's why labitrav registered all available big geonames in .travel right before the .travel landrush. 25,000 names. No way to develop but use wiki info. Normal project cannot be made easy. Pitty, but with this situation I should say .travel is a dead zone. It is going to be mostly trash with specialized PPC and trash info. I do not even doubt that labitrav will not be able to run right geosites. As well as won;t ppl like Samuel Huang who also took many geonames for use as exhibits in his .travel mausoleum.

It's ironic a domainer would be whining about being beat to a domain name.
????: NamePros.com http://www.namepros.com/showthread.php?t=411587

Pure irony & pure hypocritical

12-27-2007, 10:29 PM	THREAD STARTER #1 (permalink)
dom35 NamePros Member Join Date: Mar 2005 Posts: 127	CEO of .travel to buy 25,000 domains a year It sound surprising that Labigroup (owned by the CEO of .travel) agrees to buy .travel 25,000 domains a year from the registrars of .travel. ????: NamePros.com http://www.namepros.com/industry-news/411587-ceo-travel-buy-25-000-domains.html Any ideas ? ----------------------------------------------------------- http://www.sec.gov/Archives/edgar/da...v098280_8k.htm On December 20, 2007, the Company, through its subsidiary, Tralliance Corporation (“Tralliance”), entered into a Bulk Registration Co-Marketing Agreement (the “Agreement”) with Labigroup, under Tralliance’s Bulk Purchasing Program available to entities committing to a minimum purchase of 25,000 “.travel” domain names within one-year. Labigroup is controlled by the Company’s Chairman and Chief Executive Officer, Michael Egan and our remaining directors own a minority interest in Labigroup. Under the Agreement, Labigroup committed to purchase a predetermined minimum number of “.travel” domain names on a bulk basis from an accredited “.travel” registrar of its own choosing and to establish a predetermined minimum number of related “.travel” websites. As consideration for the “.travel” domain names to be purchased under the Agreement, Labigroup agreed to pay certain fixed fees and make other payments, including but not limited to, an ongoing royalty calculated as a % share of its Net Revenue, as defined in the Agreement, to Tralliance. The Agreement has an initial term which expires September 30, 2010, after which it may be renewed for successive periods of two and three years, respectively. Labigroup has paid Tralliance the sum of $262,500 under the Agreement to date. Last edited by dom35; 12-27-2007 at 10:38 PM.

12-28-2007, 02:04 AM	#2 (permalink)
Sam Senior Member Join Date: Jun 2005 Posts: 3,435	, thats the guy who owned all the premium .travel names by registering TWO DAYS before the landrush officially opened. Complete BS, IMO. Insider Trading ?!?!? __________________ SPECIAL: The World's BEST Single Letter Domain Sale! Lowest single letter price on the market! Starting at $799

12-28-2007, 02:16 AM	#3 (permalink)
Carlton Internet Real Estate Join Date: Sep 2004 Location: USA Posts: 1,198	dotMOBI opened everyone's eyes as to how you properly release a tld. Sounds like someone is retooling .travel with big plans in the works. __________________ PremiumDomains.biz -> BLOG \| Charlotte.US \| Manhattan.mobi \| NewYorkCity.biz \| Detroit.US \| Miami.biz \| NorthCarolina.info \| California.biz

12-28-2007, 12:31 PM	#7 (permalink)
sdsinc Domains my Dominion Join Date: Aug 2005 Location: Web 1.0 Posts: 9,550	Even at bulk price I would put my money elsewhere __________________ NameNewsletter.com - free lists of available domain names ZoneFiles.net (beta) - ccTLD and gTLD droplists

12-28-2007, 02:31 PM	#8 (permalink)
Rochemontagne NamePros Regular Join Date: Jan 2006 Location: The Mountains of Colorado Posts: 366	I was going to buy a couple .travel names, but I think I will pass. I smell a skunk! __________________ PricelessCruises.com, SportsBook.lv, Gamble.cz, PokerAmbassador.com, Angie.mobi, Loveland.mobi, JapanFyi.com, AmericaFyi.com, GodFyi.com, Truty.com, AspenPoker.com, ColoradoMountainGolf.com

12-28-2007, 07:05 AM	#5 (permalink)
duceman Senior Member Join Date: Nov 2004 Location: Indy Posts: 2,279	Not a good way to drum up interest in the TLD in my opinion.

12-28-2007, 07:06 PM	#9 (permalink)
thebutler Senior Member Join Date: Mar 2006 Posts: 1,217	Total bs I guess that might explain why he got the inside deal on the prmium names. Nice one. __________________ Test Internet Speed - Computer Freezes - Slow Internet Best site hosting - Slow computer - Internet speed check Cricut cartridges

12-28-2007, 07:14 PM	THREAD STARTER #10 (permalink)
dom35 NamePros Member Join Date: Mar 2005 Posts: 127	Time to think more about .travel. http://investing.businessweek.com/re...sp?symbol=TGLO http://www.vonage-forum.com/article112.html Egan was the owner of Alamo Rent a Car. Theglobe.com received a lawsuit about spam to Youtube users using 95 dummy accounts; reached a settlement. Today the stocks reached the lowest price from january 2007. It looks like there is too many warning lights. I trust the extension but not much the company running it. Last edited by dom35; 12-29-2007 at 07:55 PM.

12-29-2007, 07:40 PM	#11 (permalink)
RareIQ Senior Member Join Date: Jul 2003 Location: Florida Posts: 2,155	Anyone know what reg fee is for .travel domains ?

12-29-2007, 07:50 PM	THREAD STARTER #12 (permalink)
dom35 NamePros Member Join Date: Mar 2005 Posts: 127	From $99

12-30-2007, 03:17 AM	#14 (permalink)
derrida NamePros Regular Join Date: Nov 2004 Posts: 240	i think there is a name for this: insider trading. __________________ Uploads.sc Get over rapidshare. Come to your new upload source.

12-30-2007, 02:46 PM	#15 (permalink)
simon johnson NamePros Member Join Date: Apr 2007 Location: Melbourne, Australia Posts: 58 Follow @domainerincome	Interesting that they have to pay a "% share of its Net Revenue" to themselves... oops... I mean to Tralliance. Talk about keeping it in the family.

12-30-2007, 03:20 PM	THREAD STARTER #16 (permalink)
dom35 NamePros Member Join Date: Mar 2005 Posts: 127	It would be interesting to know how many domains .travel had been sold after the opening both to general public and to related parties, both in bulk and individually. Previously they have about 25.000 registered. In the .travel there is a lot of serious people with a huge background in tourism: http://www.ttpc.travel/board.html ????: NamePros.com http://www.namepros.com/showthread.php?t=411587 http://www.ttpc.travel/committees.html http://www.ttpc.travel/members.html May be the owners just trust in the extension and are trying to keep it alive the company to sell it to someone else. Sad situation for a interesting extension

12-30-2007, 07:25 PM	#17 (permalink)
Ronald Regging Ex-President Join Date: May 2006 Location: Mount Joy, PA Posts: 2,652	Every new extension is rife with corruption and profiteering. It's just the way the game is played unfortunately. Why not take the stance of "reserving" premium domains to be auctioned off at a later date? Who knows, who cares, it's all the same in the end, money in the bank... ????: NamePros.com http://www.namepros.com/showthread.php?t=411587 Though, given the fact that ICANN pockets application fees, whether approved or not, stalls applications for years and generally is a wretched beast to deal with, can one really be blamed for claiming the spoils that come with the victory of such a war? With enough money and patience, anyone can be granted a license to print money, as it were... And as always, the rest of us scramble for peanuts in an effort to coerce the monkey to dance.

12-30-2007, 11:34 PM	#18 (permalink)
iulianh Account Closed Join Date: Aug 2007 Location: Romania Posts: 2,247	I think he wants to buy all the .travel domains and sell them to make good money

01-06-2008, 06:01 AM	THREAD STARTER #19 (permalink)
dom35 NamePros Member Join Date: Mar 2005 Posts: 127	Just a clear example: tours.travel Registered by Labitrav on december 20th, 2007, just hours before the opening. Labitrav (Labigroup it is mentioned in the SEC filling) it is also based in Fort Lauderdale, and almost sure the owners are the same than of the Tralliance. http://whois.travel/whois.cgi?TLD=tr...h=Submit+Query Now I am convinced, this is inside trading. None controls this ?

01-09-2008, 06:03 AM	#20 (permalink)
wasistdas Senior Member Join Date: Oct 2005 Location: Ukraine Posts: 1,585	Oh, that's why labitrav registered all available big geonames in .travel right before the .travel landrush. 25,000 names. No way to develop but use wiki info. Normal project cannot be made easy. Pitty, but with this situation I should say .travel is a dead zone. It is going to be mostly trash with specialized PPC and trash info. I do not even doubt that labitrav will not be able to run right geosites. As well as won;t ppl like Samuel Huang who also took many geonames for use as exhibits in his .travel mausoleum. __________________ The Official Dead End Place: WWW.TODEP.COM. The best search engine ever. WWW.NULLSEARCH.COM For Sale: EnjoyArcade.com, Arcadoid.com

01-09-2008, 06:24 AM	THREAD STARTER #21 (permalink)
dom35 NamePros Member Join Date: Mar 2005 Posts: 127	I would like to know the opinion of the travel business people that backed up this project and now have their names used. Sad. Not a cent more for .travel. Even the SEC should act here.

01-09-2008, 08:40 AM	#22 (permalink)
Darkneoboi NamePros Regular Join Date: Mar 2006 Location: Connecticut, USA Posts: 281	This is a really bad way to start a TLD, i think they should have limits on TLD when they first come out so everyone gets a chance at what they want. Anyone agree? __________________ DarkNeoNetwork

01-09-2008, 08:59 AM	THREAD STARTER #23 (permalink)
dom35 NamePros Member Join Date: Mar 2005 Posts: 127	I agree

01-09-2008, 05:58 PM	#24 (permalink)
RTM Senior Member Join Date: Feb 2004 Location: www.adsenseworld.com Posts: 1,606 Follow @adsense_world	Sad, that although the classic movie "Wall Street" came out in 1986 (with GG telling his shareholders in the movie that "Greed is good") and the scandals of Enron, Worldcom, Tyco in the 90s early 2000s... and here we are at the cusp of 2008 and.... this .travel scam surfaces. Are we all that surprised? SEC is for securities.. they don't regulate the domain market - err, that would be ICANN, right? Sigh.... Rob __________________ See my recent posts for great BIN pricing on aged, generic domains!

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CEO of .travel to buy 25,000 domains a year

Total bs