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NDA Keeps A FAKE Multi-Million $ Sale of Chocolate.com from being exposed

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offthehandle

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Does anybody else follow up on this?
Do you trust these large $$ sales announcements?
Does anybody really even care?
Do you trust broker sales reports???

Published on March 7th, 2019- I have followed this thing since it was announced. I don't like this price discovery game and propaganda, it's harmful as it inflates the true end user market. If you are a serious business owner, you should also object to this fake sales bullshit and those who perpetuate it.

So here is the fake news thread:

https://www.namepros.com/threads/nd...g-new-chart-but-its-a-big-win-for-kb.1126860/

Yep. Right. "Multi-Million Dollar".

The "Operator", at least admits that they are NOT the registrant owner. Wazimo- the operator and developer, marketer who was interviewed at least has the decency and integrity to admit they don't own all those names.

fake-news-chocolate.jpg


wazimo-not-owner.jpg

"Does Wazimo own the domain properties or do you work in partnership with the premium domain owners? If not, is that a possible future path?

"We formed a partnership with the domain owners".


They admitted they don't own Chocolate.com, nor Basketball.com, Football.com, or trivia.com just as I stated before on the original thread listed above and suspected.

They are self admitted "operators." which is fine, congratulations to the Wazimo group of developers and marketers and hope they actually build it up into a business.

It's too bad the broker had to make up the fake news about the sale, and worse yet that the story was actually published without vetting it and realizing they were being duped. a huh. yep, right. "Trusted Sources" huh? Yea, right.


wazimo-operator-high-value-domains.jpg
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
The fact that THAT is what bothers you about the whole ordeal speaks volumes about YOU. And, by the way, we now know exactly who @offthehandle is and he is, incidentally, a man.

Our industry needs to clean up its act and stop this shameful and toxic behavior as referenced in my letter which can be read in its entirety at http://86bullies.com. Moreover, I find it telling that some of you have jumped on just ONE line questioning why @offthehandle chose my sales to be fake from ALL the domain brokers in the industry—instead of honing in on the actual issue of libelous, slanderous campaigns via baseless allegations repeated ad nauseam on this forum. Allegations that, by the way, I stopped in their tracks.

I'm doing my part to elevate our industry. Are you?

On that note, I'm done with responding to anything (and I mean anything) on this forum. I'm going back to selling 7-figure domains and doing my part to be of service. I wish you all the very best of luck, success and happiness. Peace out.


Do you really not see how it looked from opposing eyes? Or, why, given public information disseminated through press releases and such, somebody (well, multiple people in this case) questioned the validity of the sale?

Albeit, not the exact wording I would have used, I think @offthehandle explained his concerns. If you would like, I (or somebody else) might be able to find the time, to try to expand upon what (he, she, them, they, that domainer) may or may not have found suspicious about the sale.
 
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Didn't she sell inspection.com also, I can't believe the buyers waste such a great domain on a godaddy holding page.

From TheDomains article:
“I confirm that I served as escrow attorney for the transaction of Inspection.com which Kate Buckley sold for $335,000 in 2018.” —Dean Bell, Esq.

Did a little more digging, as when I initially read the quote from Dean Bell, Esq., I thought (and rightfully so due to possible buyer request or asset protection) the quote lacked details about the sale, such as if it was paid in full or was being financed. But, certainly, such private details aren't expected to be voluntarily revealed, with possible good reason. Thus, short of tweeting the buyer @ zelab, asking for confirmation, or details, as exact details are left best known to those directly involved, and not speculation.

Also, referring to twitter, you'll see an acknowledge (liked) tweet, from an account (@KatNames1) congratulating (@KateBuckley1) "for selling our domain inspection.com", and a few weeks later, KatNames1 comments on buyers that passed on Inspection.com, and acknowledged (@AsiaInspection) for securing the perfect name, then followed that by soliciting brokers for Testing.com. See below 👇

upload_2019-11-21_6-15-12.png


As for the buyer wasting such a good domain on a GoDaddy holding page, one must ask how that occurred, why that may have occurred, and being open to one day, something new will be hosted on the domain --- whether by the current, previous, or next owner of the

To help answer that, I turned to Archive.org...

January 31st, 2018 -- Inspection.com redirected to buckleymediagroup.com/inspection

upload_2019-11-21_5-58-53.png


On the archived sales page for buckleymediagroup.com/inspection, there is an exert that states

However, for larger transactions, some of our sellers offer interest-free financing, and we have several noted IP and escrow attorneys on speed-dial who can construct the agreement accordingly, so that you'll have immediate use of the domain upon receipt of the down payment and signed sales contract.

Hence, this being a larger sale (or maybe not because it's not 7-figures?), is it not unreasonable to consider a possibility where AsiaInspection was purchased via a down payment and a payment plan?

That is not to say, if a payment plan or similar creative agreement was reached, that the domain did not sell for $335,000. However, it may be a little misleading, when us trolls as you'll probably call most namepros members not accustomed to 7 figure sales like you, whom read in sales reports and such, how a broker sold a domain for $335,000, when in fact, possibilities remain that there may or may not be be a more creative sales agreement in place.

Despite the possibility of a creative agreement, or an agreement where, even in the case of a default where the sale stands at $335,000 for you and your seller, as the financing company takes the financial hit, and maybe possession of the domain, I personally see less controversy (or alarm factors) surrounding Inspection.com, than the alarms raised by OffTheHandle about Chocolate.com, particularly after reading Wazimo formed a partnership with the domain owners, and that they were operators. Reading, "formed a partnership with the domain owners" doesn't necessarily scream a paid for up front multi-million dollar domain sale, unless that included profit share, or something of that nature. Concluding to a possible reason OffTheHandle might have felt the sale of Chocolate was fake (definition: adj. made to look like something else, especially something expensive) as the details were hidden by a NDA.

At least for Inspection.com, the buyer AsiaInspection, registered Inspection.School and Inspection.mobi on July 2nd, 2018 (a few months after NameBio has the recorded sale on February 18th, 2018. Similarly to Inspection.com, both Inspection.mobi and Inspection.School redirect to what appears to be default landing pages.

Digressing back to how, when, and why might Inspection.com went from BuckleyMediaGroup.com > AsiaInspection.com > GoDaddy Default page...

February 1st, 2018 (one day after the above Archive.org screenshot) -- archive.org records Inspection.com being redirected to AsiaInspection.com.

upload_2019-11-21_7-5-32.png



February 21st, 2018 -- DomainIQ Whois entry shows the domain moved from previous registrar (Fabulous) to new registrar (GoDaddy) with a WHOIS update timestamp of 2018-02-21T12:12:12Z

March 7th, 2018 (the next recorded archive.org entry) -- shows Inspection.com being redirected to a GoDaddy default landing page. The above note about the domain being moved from Fabulous to GoDaddy probably explains how the redirect stopped.

But why would AsiaInspection move the domain to GoDaddy, when a very high majority of the .com's I can see owned by AsiaInspection are registered with NetSol, and while it very well could be all of AsiaInspection domains at GoDaddy are under privacy, such as what might be the case now with Inspection.com, I haven't came across another domain owned by AsiaInspection registered at GoDaddy. Not that there is evidence supporting this, but one domain lending company lists GoDaddy on their partner page, which opens the idea up of, if financed, would there be registrar recommendations or requirements to help uphold a contractual purchase agreement? Again, could be unrelated, just a guess as to why GoDaddy.

For those who don't hang around namePros often, and may not be up to date with everything domain related, or the concerns of reporting creatively crafted deals at the full price, leaving readers to speculate more than they should, I invite you to read into the story of Monkey.com.

https://www.namepros.com/blog/blockchain-company-monkey-acquires-monkey-com-for-500-000.1036749/

Long story short, it was reported that monkey.com sold for $500k. However, the buyer defaulted, and repossessed the domain back.

Fast forward back to AsiaInspection.com, and it now forwards to Qima.com

upload_2019-11-21_7-32-49.png


While this may leave some to question the status of Inspection.com, and short of confirming with the buyer, I would optimistically leave open a possibility of a re-brand or split away from AsiaInspection to a eastern friendly name like Qima sets the company up to branch west with a premium name like Inspection.com.
 
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Hello,

There are some vague/accusatory statements about NamePros being stated as factual when they appear to be hearsay or opinions. #irony

I must point out that not only were posts deleted without alert
They were? JB confirmed that he received an alert.

Who should be alerted when we delete something that violates the rules? Everyone? If so, how should everyone be alerted? Should there be an opt out? These are all things that can be suggested and considered.

We sincerely appreciate all feedback and encourage you to post it in our Help Desk.

was alerted to it by NamePros users
Does hearsay make it true?

Fortunately, we have extensive logs that document every moderator action we take.

there was far more than one thread (Inspection.com, Sleeping.com/Snoring.com, Chocolate.com...over well more than a one year period)
Please send these links to our support. That's the first step to us being able to help.

member of NamePros who is still a member in good standing
By whose definition of good standing? This member received an official warning last week for the first post in this thread.

reign in bad actors
We try to do this every day. It's an endless task, but we'll never give up! :)

@Mod Team Bravo can you verify if offthehandle's posts were deleted from here? I do not believe they were.
We've already clearly explained whose posts were deleted from this thread.

If you have further questions about moderator actions, contact support. They do not belong in this thread.

The vast majority of this industry is fabulous. Let's all be good actors and move our industry forward.
Agreed!

At the end of the day, we're all human. We all make mistakes, and we become better if we choose to learn from them.

Happy Holidays!
 
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Theres alot of mud being thrown out there. Particularly disturbing is the attack on the NamePros community.

The attacks toward the NamePros community are just as unfounded as anything else in this conversation. Looking at history, it was the NamePros community that uncovered, not just the AD scandal, but many other scandals.

Without this community scrutinizing and questioning there would, undoubtedly, be many more scandals and innocent victims scammed. The Namepros community has unveiled most all nefarious actions in the domaining sphere.

Attacking this community does not answer the questions. Instead, it raises more questions.
 
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Let's review
I must point out that not only were posts deleted without alert, but there was far more than one thread Inspection.com, Sleeping.com/Snoring.com, Chocolate.com...over well more than a one year period)

https://www.namepros.com/threads/kate-buckley-sells-inspection-com-for-335-000.1066709/

Three comments into this thread, oh no, there's offthehandle out to get Kate Buckley again! Oh wait, is that OffTheHandle simply congratulating the broker for a sale that finally shows sign of an instant end user?

upload_2019-11-21_10-5-27.png


Why would OffTheHandle congratulate her, if we are to believe, what has been said, that OffTheHandle only targets brokers like Kate Buckley? Could it be that OffTheHandle has a history of being skeptical of broker touted sales, more specifically, has grown disdain for such, based off of other brokers, heck even some bloggers actions.

https://www.namepros.com/threads/sl...for-1-million-by-buckley-media-group.1091036/

Wait, no OffTheHandle in that thread...

A search query reveals OTH has used text string "Kate Buckley" twice on NamePros.

upload_2019-11-21_10-27-19.png


One time OTH used your name when replying to your comment, the other time OTH posted the above inspection sales link that has your name in it.

For context, and so you don't blow anything out of proportion again, attempting to make it seem that OTH is singling you, and only you out, attached below is the entire transcript of what exactly was said, and questioned, rather whatever was written in that distorted letter of yours.

I still wonder about some true reported pom pom waving sales or if they fell through, $300K purchases like Inspection , being parked no 301, nothing. Look at archive and it was at the supposed customers only a short time- like only a few days pointed to the reported customers site. Then after that? Gone.

https://web.archive.org/web/20180201131032/http://www.inspection.com/


Total silence on that one, nobody ever explained that, nor obligated to obviously but in my book something is amiss.

https://www.namepros.com/threads/ar...s-accurate-or-even-true.1113246/#post-7016675

https://www.namepros.com/threads/ka...n-com-for-335-000.1066709/page-3#post-6920806

Here the broker actually liked a subsequent excuse post, yet never responded. haha.
https://www.namepros.com/threads/ka...n-com-for-335-000.1066709/page-3#post-6921767

Kate Buckley responded

As I've seen this pop up several times on this forum, I'm going to comment one time and one time only:

As reported in DNJournal.com, I brokered the sale of Inspection.com for $335K one year ago. It was an all cash sale, ably transacted via our friends at Escrow.com, and all parties walked away happy. The buyer asked me to keep their strategic plans for the asset confidential. As @johnn pointed out via the amusing and spot on metaphor: "I know a person who was married for several months but did not have sex," it's precisely no one's business what the buyer does with the IP, or when.

As for the "pom pom" waving, I report all sales that are not under NDA. Reported sales are good for our industry, so I do my bit. All ships rise in a rising tide.

My best to you all,
Kate

OffTheHandle response:

Actually, it was me that has questioned it several times, and you know it. No disrespect to you or your business, it's just one of many sales published on my radar and unfortunately I picked this as an example.

https://www.namepros.com/threads/ar...s-accurate-or-even-true.1113246/#post-7016675

https://www.namepros.com/threads/ka...n-com-for-335-000.1066709/page-3#post-6920806

Thanks for coming on this forum and clarifying "one time only" and sorry to interrupt your busy business schedule. Unlike the famous brand Cpap who do 301's redirect their names you also reported (Congratulations on those sales), I still find it strange that someone pays $300K for a name that is specific to their business and directly involves their business, 301's it briefly and they own lot's of alternative domains to all sorts of types and geo versions of inspection.

They sort of appear to be rebranding taking another look at their website updated in December and spinning off something with the company imo. I see the buyer rebranded with a LLLL and the list of other domains registered do not resolve there. I also see whoxy has removed completely the past records that existed before for some strange reason, (Lol, they were there before). Fabulous out of Australia I believe was the previous registrant if I recall.

This sale appears to make sense that they are parking it for moving money around offshore or rebranding and have a new worldwide expansion that they even now state as of December on their homepage, so excellent for them- maybe they will become public someday, more power to them.

Sure, it's nobodies business. But once something is published it becomes public knowledge and subject to scrutiny. So you might ask why scrutiny? :

I constantly see stupid domainer to domainer sales reported in DNJ, which are getting quite annoying to see because they are not end user sales. The Pom Pom waving for those sales are not worthy of print, unless of course you believe in the "Greater fool theory" where domains get passed around. So you can imagine when someone reports an actual end user sale, it's certainly noteworthy- the rest is TMZ like noise to me, sure lot's of other people are impressed about big numbers even though they are not to end users, but not me.

So blame me for being the outspoken pundit. I happen to do a lot of questioning here, and my reputation is self evident for that. It actually upsets quite a few people that only want to see positive news, and blindly ignore the reality of how illiquid most valuable domain names really are to be sold to real corporate end users. A million of them remain parked for 20 years. But my only objective is calling things out that seem amiss, not accusing just asking. I simply don't care about anything domainer-domainer sales. Period. Only end user sales market integrity.

So, hopefully soon your customer will actually use the domain name and we don't see another sale in 2 years published where a domain broker sells it to another investor.

Keep up the good work.
 
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Attacking this community does not answer the questions. Instead, it raises more questions.

My stance as well.

I had no interest to research this further.

But after seeing the twitter doxxing, continuous touting with other known nP haters on facebook (but the same haters that come around to try to sell domains on nP aka the largest domain community in the world), and a self professed righteousness, that somehow her responding to somebody questioning the validity of her sales gives her the self proclaimed title of "bully destroyer" or "troll defender" or whatever it is she wants to show for this crusade #idontdobullies #bulliesdobullies.

When in fact, its that very action (or attitude I should say), and an inability to take a victory (if this truly is victory) with humility and dignity, that I have lost respect, and gained further suspicion over this broker, and her cronies.
 
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Theres alot of mud being thrown out there. Particularly disturbing is the attack on the NamePros community.

The attacks toward the NamePros community are just as unfounded as anything else in this conversation. Looking at history, it was the NamePros community that uncovered, not just the AD scandal, but many other scandals.

Without this community scrutinizing and questioning there would, undoubtedly, be many more scandals and innocent victims scammed. The Namepros community has unveiled most all nefarious actions in the domaining sphere.

Attacking this community does not answer the questions. Instead, it raises more questions.

Where are the Namepros Nancies? https://tldinvestors.com/2014/10/you-dont-mess-with-the-namepros-nancies.html
 
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So I've been following this topic and I have mixed emotions about it.

I have conversed with @Kate Buckley on a few occasions and I will state that she is absolutely top and as professional as it gets. She mentioned to me that she was giving up on namepros and I encouraged her to reconsider. I told her that namepros is a mixed bags and even thought there are a lot of inflammatory posts there are also real deals being made here. There is serious money changing hands on this forum and any domainer would be wise to use a tool like namepros to its fullest potential.

Is it a perfect platform?
No nothing is, but I could tell you just as many horror stories about godaddy or sedo, or.....

you get the point.
 
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