.fun

Domain investing and website development group.

Discussion in 'Groups' started by baseballworld, Oct 11, 2016.

Replies:
86
Views:
5,468

  1. baseballworld

    baseballworld Legendary Domainer VIP ★★★★★★★★★★

    Joined:
    Mar 11, 2007
    Posts:
    9,866
    Likes Received:
    33,045
    If you see this as selling and its just normal second nature then imagine what happens when I actually start the selling mode. Guess you know what your getting already in advance huh.
     
    The opinions expressed on this page by users and staff are their own, not those of NamePros.
  2. Ali Azam

    Ali Azam DNCrate.com VIP

    Joined:
    Aug 1, 2015
    Posts:
    2,005
    Likes Received:
    4,355
  3. baseballworld

    baseballworld Legendary Domainer VIP ★★★★★★★★★★

    Joined:
    Mar 11, 2007
    Posts:
    9,866
    Likes Received:
    33,045
    We can discuss it more in private message here on the forum.
     
  4. aramyus

    aramyus Established Member

    Joined:
    Mar 3, 2014
    Posts:
    518
    Likes Received:
    413
    Few questions

    a) Is the group still open at the initial conditions (200$ for 100 shares) ?

    b) What do you expect from participants after the initial phase ? Just money from time to time ? Active participation in selecting domain targets ? Active participation to raise additional money ? Tips and suggestions from time to time ?

    c) Would you define your project as primarily a training program or an investment club

    d) Side question: can I enter as a passive investor. I've read somewhere that you have the right to buy investors out anytime at their cost price (not very fair IMHO, it should rather be at the current net value with some discount for liquidity). What general criteria would you envision to exercice this right ? Note that it would'nt be my objective to be a passive investor.
     
  5. baseballworld

    baseballworld Legendary Domainer VIP ★★★★★★★★★★

    Joined:
    Mar 11, 2007
    Posts:
    9,866
    Likes Received:
    33,045
    yeah its still open if someone wanted to jump in. I have just been busy with some projects for it lately.

    money in initial if they wanna reinvest for more stuff they can. I mean we will have more side projects people can jump in on as well.


    primary investment but you pick up skills along the way. everything with domaining from time to the money is an investment.

    we meant buy them out if they wished to not participate. this would be done down the road and would need someone in the group to be willing to buy the shares to begin with. we give them what they put in really. I mean theres no guarantee someone would want there shares at the current moment even. If you wanted to be a private investor you would have to pm me then. I do respect those who wish to be behind the scenes. Not everyone wants there name out there. Shares are based on buy in to what we make income wise. The group builds and builds. I cant see anyone throwing free payments away especially when they will make a decent return monthly.

    and btw 200 per 100 you can buy more.
     
  6. baseballworld

    baseballworld Legendary Domainer VIP ★★★★★★★★★★

    Joined:
    Mar 11, 2007
    Posts:
    9,866
    Likes Received:
    33,045
    Welcome another member
     
  7. Sulabh Sharma

    Sulabh Sharma Established Member

    Joined:
    Jan 15, 2015
    Posts:
    611
    Likes Received:
    2,639
    Everything sounds good to me. I will be joining the group soon.
     
  8. IrishCherokee

    IrishCherokee Restricted

    Joined:
    Mar 10, 2017
    Posts:
    7
    Likes Received:
    7
    I would like you invest, please let me know how can I invest.
     
  9. DU

    DU ⚾ Let's Play Ball ⚾ VIP

    Joined:
    May 14, 2009
    Posts:
    12,460
    Likes Received:
    18,396
    Before investing in any group such as this you should fully consider exactly what you are getting into. The questions I believe you should ask are quite simple. I'm not saying you shouldn't invest but you should check your gut and instincts and check expectations at the door.

    How keen are you on ever seeing your money again?

    What type of group is this: Hobby or Professional?
    Is there an auditor or accountant managing the portfolio and the proper tracking of income, expenses, and liabilities. These would include proper tax filing in the appropriate jurisdiction and certain incorporation- are you cash or accrual accounting? Are you capitalizing costs? Amortizing costs? Are you filing financial disclosures accuracy? Are you an investor or an actual part owner via a share structure?

    These are structural things you should now if you care about your money and tax obligations.

    What is the reputation you are staking your money on and what is your own personal liability?
    Who are you getting into business with? Do any of the members have a criminal record? Do any of your members have a track record of losing WIPOs against large corporations. Are the names/cash held in trust? Who has control and can you trust that person.

    What is the positive reputation based on. I'd recommend a deeper dive than post counts, likes and a few trader ratings. I like NP but there is nothing here that proves integrity. It has to be earned or you're taking a chance. Sometimes you need to take a calculated risk - is this that time?

    Can you real trust these people? Do you really want to be associated with these people.. if you are in a group and you start investing in LEGO or Michelin names are you financially protected?

    Simply Why?
    Why do you think working with someone is better than you learning and doing this on your own. Why, if this is working so well, would someone want to share this awesome opportunity. Are they really that altruistic.
    Are there any obvious red-flags: inflated expectations, referencing one-off sales as a pattern, a vague history of success.

    Don't let me stop you from investing but make sure you are prepared for the worst.

    Some specific questions that I would want an answer to before I invested in this group.
    There should be no issue answering any of these in my opinion:

    So it's not based on the invested amount or number of "shares" but number of people. What about provided services - do they get higher earnings Is there clear charter laying this out.

    What's a share? How many shares exist and are outstanding? How many are float shares? Are these even real shares or just something you made up?

    So if I give you $20,000 I'm going to get a projected income of something between $10,000 and $200,000 without even impacting my initial capital investment? That's awesome! Or am I missing something or are your projections just wild ass guesses? Or are they not scalable - how are you going to turn finding 10 regfee names you flip for xxxxx% into finding 100 regfee names and then 200...

    So you have a cash reserve for this personally and will buy out their "shares" or is this part of a more formal legal arrangement.

    What is this business name -is it an LLC or are you incorporating? I'm sure people would love to see the principals are... most filings would come with an operating agreement. An LLC will not work with more than a few members due to disagreements..

    Because of dilution presumably - where would the new shares come from assuming these are meaningful.

    But you will 100% buy their shares back, right?

    That's why you should play the adult game of building a proper business plan. Childish games involve just passing money around like there are no actual fiscal responsibilities involved. This isn't trading sandwiches for a cookie.

    But there are no refunds?

    It's hard to predict but you always get more money. Sounds awesome. How do you decided to develop,sell,park...and what to buy. What is the voting structure.

    If this is the case then the group cannot operate outside of Namepros. Group activities when done on NP should be done on NP.
    So. Is this going to stay an NP group or move offline?

    http://dncrew.com/? Impressive 503 site or is it somewhere else.

    Whenever you invest in someone check their resume. I presume you have done and that it was to your satisfaction.
     
  10. Master Bull

    Master Bull Account Closed

    Joined:
    Mar 14, 2017
    Posts:
    9
    Likes Received:
    10
    @DU You just saved my hard earn cash :) this is look like scam to me, NP stuff should be take a look on this.
    Thank you.
     
  11. Master Bull

    Master Bull Account Closed

    Joined:
    Mar 14, 2017
    Posts:
    9
    Likes Received:
    10
    This group run by a thief, he was arrested 16 times. So before you invest please do some research.
    Or if you already invested call your lawyer and sue his sorry ass.
     
  12. baseballworld

    baseballworld Legendary Domainer VIP ★★★★★★★★★★

    Joined:
    Mar 11, 2007
    Posts:
    9,866
    Likes Received:
    33,045
    first off the group has all the members it currently needs. I will change the term to crew points since shares seems to be an issue.

    Sites not up... We know this we aren't launched till july either. We are working on developing stuff for the income and getting backlinks and stuff. Will be up on launch date for sure.

    Day one was a beta test of a few names parked. Did well but we wanna do some work first. gave an idea of stuff. Traffic ended up well month later with thousand plus clicks.

    I decide based on stats when i park it. If i see its a lower cpc trend and high traffic I know its better off developed.

    Childish game is screaming failure before a launch date. But then again people complain over multiple posts in a row in the breakroom thread.

    Shares can be bought back by any member after building phase. we did post that not just a quote of a section of it.

    New shares are if we decide to let others in will have to be based on the average share value members earn currently.
    lie tube we cant predict there future but they do get 10,000 weekly views and were not even halfway done adding nor linking to them.

    do business as name we wanna buy once its launched.

    every agreement here is a business agreement s if buying a name off someone on namepros. I screw up i lose decades work simple as that.
     

Want to reply or ask your own question?

It only takes a minute to sign up – and it's free!

Share This Page

Loading...