NameSilo

CBD.World sold $20K

Labeled as new gTLD in Domain Selling and Domain Sales started by jmaurya, Oct 9, 2019 at 7:40 PM.

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  1. bmugford

    bmugford www.DataCube.com PRO ICA Member VIP ★★★★★★★★★★

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    If that was an actual legit sale, then more power to them.

    That type of money for any .BIZ is basically unheard of.

    Brad
     
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  2. rh2000

    rh2000 Established Member

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    This does seem a little weird.
     
  3. wwwweb

    wwwweb Top Member VIP ★★★★★★★★★★

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    Haze Organics was founded basically Aug 2019, two shareholders in the UK, they seem
    pretty grassroots.

    Huge Domains dropped HazeOrganics.com in spring 2019, picked up by Dan Rubin with the drop list, and looks like probably acquired via private deal under $1k.

    They own the .co.uk, and the .com, not sure why they would want to pay $20k for cbd.world given their brisk product offering at the moment. Shows only 2 shareholders 50/50 on the filings. It could have be sold for shares, or equity.
     
    Last edited: Oct 10, 2019 at 1:39 AM
  4. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP Trusted Blogger

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    Thanks so much for sleuthing out this sale!

    The impressive part is that they paid more than $70k for it so the CBD .biz domain has sold twice for high 5 figures.

    Thanks again,

    Bob
     
  5. dot_AL

    dot_AL Upgraded Member Gold Account

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    But did CBD.World sell for 20K or not?
    Thats my question ....
     
  6. wwwweb

    wwwweb Top Member VIP ★★★★★★★★★★

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    That’s the $20,000 question, the Whois hasn’t changed. If it was a uni market transaction that would have happend right away, same with escrow for verification.
     
  7. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP Trusted Blogger

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    As I read the Whois historical record on Oct 8, 2019 the domain was at Dynadot and on Oct 9, 2019 at Uniregistry (it had been at GoDaddy in earlier years). So there does seem to be a change to me (using DomainIQ history tool, checking just now).
     
    Last edited: Oct 10, 2019 at 2:36 AM
  8. wwwweb

    wwwweb Top Member VIP ★★★★★★★★★★

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    Understood, but still showing Booth whois as in being located in Dubai?
     
  9. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP Trusted Blogger

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    Re CBD .biz the weird thing is even though the financial records clearly show a $90,000 sale of the domain name from MCig to Redfern Biosystems according to the financial filing linked by @Xabial. However the domain name is not privacy cloaked and show the current owner organization as.... MCig!

    Does CBD stand for complex buyer dynamics? :xf.grin:

    I am totally confused by all of this!
     
    Last edited: Oct 10, 2019 at 2:44 AM
  10. equity78

    equity78 Top Member TLDInvestors.com TheDomains Staff PRO Gold Account VIP ★★★★★★★★★★

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    Bob I posted earlier:

    This also looks like it might not have been an arms length transaction on CBD.biz


    The Company entered into a secured convertible promissory note with Redfern. The note is due on September 14, 2019. Should Redfern default the Company may convert the secured promissory note into 40 million common shares of the Redfern representing approximately 75% of the business. Should the Company not elect to convert in the event of nonpayment by Redfern, the Company may take possession of the domain www.cbd.biz and its business operations.

    This might not have been an arms length transaction, you can check out CorporationWiki.com

    [​IMG]
     
  11. Xabial

    Xabial Established Member

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    @bmugford,

    I don't blame you (and feel the exact same; my one non-.com is Lent.biz, still trying to sell.....)

    structure of cbd.biz transaction, alone, is my #2 favorite STRUCTURE of sale, after Vegas.com.
    altho, I echo ur exact sentiments..(stay away, .biz..!!)

    Get bk DN..or 75% of the entire company(wow!)
    Sounds like a deal, not for the faint of heart.
     
    Last edited: Oct 10, 2019 at 3:05 AM
  12. equity78

    equity78 Top Member TLDInvestors.com TheDomains Staff PRO Gold Account VIP ★★★★★★★★★★

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    But the same guy controls or did control both companies, he is just getting something he already technically owns https://www.corporationwiki.com/California/Los-Angeles/mcig-inc/132651698.aspx
     
    Last edited: Oct 10, 2019 at 2:59 AM
  13. bmugford

    bmugford www.DataCube.com PRO ICA Member VIP ★★★★★★★★★★

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  14. Xabial

    Xabial Established Member

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    When you’re trading for 3 cents a share, sounds like they need to do these deals... now I'm dubious...
    If was a same owner sale.. shady?
    Would this minimizes .biz even more? $90K reported asset sale “Cbd.biz” transaction.. could same owner!
     
    Last edited: Oct 10, 2019 at 3:32 AM
  15. equity78

    equity78 Top Member TLDInvestors.com TheDomains Staff PRO Gold Account VIP ★★★★★★★★★★

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    mCig has a lot of subsidiaries Tuero Capital, Inc., became Redfern BioSystems, Inc (Buyer of CBD.biz) (“Redfern”). The Company currently owns 15.3% of Redfern. See Related Party Transactions for further information.

    Subsidiaries of the Company




    The Company currently operates, in addition to mCig, Inc., the following subsidiaries which are consolidated:



    Agri-Contractors, LLC



    On November 18, 2016 we acquired, through a Purchase Agreement, Agri-Contractors, LLC. We combined the operations of Agri-Contractors with Grow Contractors Corp and expanded the services to include consulting. We merged the operations of Agri-Contractors, LLC with Grow Contractors in December 2016. Agri-Contractors, LLC provides consulting services to grow facilities, production companies, and dispensaries servicing the cannabis medical and recreational markets.



    CAAcres, Inc.



    CAAcres, Inc., (“CAAcres”) was incorporated on May 10, 2018 under the laws of the state of California. CAAcres was created to participate in the Joint Venture with Cal Foundation for the cultivation, manufacturing, and distribution of cannabis products within the state of California. CAAcres is an agriculture venture for the cultivation, manufacturing and distribution of cannabis products. We are currently assessing the requirements for the build out of the land acquired in California City, California for this project.



    CAL Foundation (FKA Newco2, Inc)



    NewCo2, Inc., was created on January 19, 2018 as a California not-for-profit company. We own 80% of the not-for-profit business. NewCo2, Inc., maintains three cannabis licenses in the State of California. On August 6, 2018 the name was changed to Cal Acres Foundation, Inc.



    CBJ Distributing, LLC



    On June 30, 2018 the company elected to exercise its option to acquired Cannabiz Supply with an effective date of May 1, 2018. The purchase price was $3,457,796.



    Grow Contractors Inc



    The Company incorporated Grow Contractors Inc., on December 5, 2016. Grow Contractors Inc, operates the construction and consulting segment. On November 18, 2016, the Company purchased Agri-Contractors, LLC and assigned the Grow Contractors name and website to Grow Contractors Inc. Grow Contractors Inc., is a wholly owned subsidiary of the Company.



    mCig Internet Sales, Inc.



    On June 1, 2016, the Company incorporated mCig Internet Sales, Inc., (“mCig Internet”) in the state of Florida in order to operate our CBD business and to consolidate all wholesale and online retail sales from various websites. mCig Internet is a wholly owned subsidiary of the Company.



    mCig Limited



    We incorporated in May 2017 to provide corporate oversight to MCIG, and its subsidiaries, operations within the European theatre. mCig Limited., was incorporated in the United Kingdom. mCig Limited, is a wholly owned subsidiary of the Company.



    NYAcres, Inc.



    NYAcres, Inc., (“NYAcres”) was incorporated on November 20, 2017 under the laws of the state of New York. NYAcres was created to participate in the Joint Venture NYAcres with FarmOn! Foundation. The joint venture is an agriculture venture for the planting and growing of industrial hemp.



    OBITX, Inc.



    We incorporated GigETech, Inc., in the state of Delaware on April 3, 2017. We then assigned our newly acquired social media platform software to GigETech. We launched the social media platform on April 20, 2017. GigETech, Inc., subsequently changed its name to OBITX, Inc. Currently we have approximately 95% voting control and 53% ownership on a fully diluted basis of OBITX. OBITX has an effective registration statement filed with the SEC and intends to begin trading its common stock in the open market.



    8




    Omni Health, Inc., (FKA - VitaCig, Inc.)



    On February 24, 2014, the Company entered into a Contribution Agreement with Omni Health, Inc (“OMHE”). In accordance with this agreement, OMHE accepted the contribution by mCig, Inc. of specific assets consisting solely of pending trademarks for the term “VitaCig” filed with the USPTO and $500 in cash as contribution in exchange for 500,135,000 shares of common capital stock representing 100% of the shares outstanding of OMHE.



    On November 28, 2014, mCig completed the spin-off of OMHE (the “Spin-off”). Effective as of 11:59 p.m., New York City time, on November 28, 2014 (the “Distribution Date”), the Company distributed 270,135,000 shares of common stock of OMHE, par value $0.0001 per share (“OMHE Common Stock”), to holders of mCig’s stockholders of record as a pro rata dividend. The record date for the dividend was November 28, 2014. The Ex-Dividend Date was set for November 25, 2014. mCig stockholders received one share of OMHE Common Stock for everyone share of common stock, par value $0.0001 per share, of mCig. The Spin-off was completed for the purpose of legally and structurally separating OMHE from mCig. MCig retained 230,000,000 shares of common stock and remains a shareholder. The shares of common stock to be received by mCig shareholders were registered on a Form S-1 filed by OMHE and declared effective by the Securities and Exchange Commission on November 5, 2014.



    On June 22, 2016, the Company and OMHE, entered into a Separation and Share Transfer Agreement whereby OMHE transferred the assets and operations of the e-Cig business to the Company in exchange for the return of 172,500,000 shares of OMHE Common Stock to the treasury of OMHE, and for a reduction of the amount owed to the Company in excess of $95,000.



    Omni Health, Inc., a Nevada Corporation, is a public company trading under OMHE.



    Tuero Asset Management, Inc.



    We incorporated Tuero Asset Management, Inc., in which to manage all our intellectual and intangible assets.



    Tuero Capital, Inc.



    We incorporated in May 2017 to provide financial services to our clients. Tuero Capital provides financial services and consulting to cannabis and cryptocurrency markets. On August 15, 2018 the Company became a minority owner of Tuero Capital when Tuero Capital issued 10,500,000 common shares of stock to 59 investors. Tuero Capital, Inc., became Redfern BioSystems, Inc (“Redfern”). The Company currently owns 15.3% of Redfern. See Related Party Transactions for further information.
     
    Last edited: Oct 10, 2019 at 3:19 AM
  16. dot_AL

    dot_AL Upgraded Member Gold Account

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    Are we talking about cbd.world?
     
  17. wwwweb

    wwwweb Top Member VIP ★★★★★★★★★★

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    I think the last few messages is addressing cbd.biz
     
  18. Xabial

    Xabial Established Member

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    unCANNy... Sorry i’ll show myself out.
     
    Last edited: Oct 10, 2019 at 3:56 AM
  19. BoothDomains

    BoothDomains Contact us if you are looking for a premium domain ICA Member VIP

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    HazeOrganics is a friends company in the UK where I am forwarding all my CBD Names for a %.

    CBD.World was purchased for $20,000 via Afternic and is currently in transfer to the new buyer.
     
  20. Sumeeth

    Sumeeth DomExpert VIP

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    Seems CBD.world is not bought by H/a/ze/o/r/ganics, that domain cbd.world redirected to this website , may be Haze organics ceo and the domain owner of CBD.world are friends and h/a/z/e organics deals with all cbd domain sales of his friend

    Other case is these 2 guys sold domain recently for $20k but the website redirection was not changed yet.. may be new owner will do that after few days and then we know who is the new owner...
     
    Last edited: Oct 10, 2019 at 5:01 AM
  21. ancientaliens

    ancientaliens Escaped AREA 51 Gold Account

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    Are you actively looking for CBD/ Hemp related names to forward to Haze Organics?
     
  22. BoothDomains

    BoothDomains Contact us if you are looking for a premium domain ICA Member VIP

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    Yes.
     
  23. YairDD

    YairDD Established Member

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    Do they really generate sales? Thats interesting.
     
  24. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP Trusted Blogger

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    Thanks for providing the information, and congratulations on your great sale! The name is great and glad the price was so solid, setting a new high for the .world extension.

    So I see that @MapleDots is not the only one trying forwarding unused domain names to a site :xf.wink: (see this thread: https://www.namepros.com/threads/wh...oint-1000-domains-to-an-online-store.1157660/). Have you always done this with domains, or is the forwarding to a store site a recent trial innovation?

    Thanks again, and congratulations!

    Bob
     
  25. BoothDomains

    BoothDomains Contact us if you are looking for a premium domain ICA Member VIP

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    Only recently started doing it but makes use of the traffic on names like BLUNT.com and AMNESIA.com plus my other CBD names.
     

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