From DNJournal.com: "Lead gen whiz Braden Pollock of LegalBrandMarketing.com was the person who bought Local.ly for $100,000 but Braden immediately resold the domain for an undisclosed sum (I can tell you that Pollock moved the domain for more than he paid for it)."
So let me get this straight, local.ly was resold for an "undisclosed sum," but if that sum is "undisclosed," then what verification did you see that the name was sold "for more than he paid for it?" This is the type of perceived BS that gives the domain business a really stinky atmosphere.
Of course, again, there are auction "results" from the largest admitted auction fraudster in domain history, Snapnames, those results posted as though you can blindly trust them. Haha!
What a sleazy business, with sleazy players. No wonder lots of domainers have bailed from the usual forums and "news" entities. Don't these entities look in the mirror?