What will happen to those investors who spent millions on their .com's? And these people are ain't no ordinary, they have power,money to manipulate the domain Industry. The only clear reason for these new extensions is to expand your .com's reach, market and value. The reason behind .com's nowadays is, the .com's registration rely much on the renewals not on the new registration since most of the premium are taken, and these premium domain only revolves to a domainer - domainer transaction which the registrar only waiting for the renewal once a year. The new 1000 extensions will bring new millions of premium domains available at hand multiply by 1000 extensions probability the registrar's will earn millions or even billions of dollars with these new extensions. .com, .org, .net, .info will be at the top unless a stopage on its registration. But one thing is sure, those premium names are already reserved by rich investors or even registrar itself.