Name.com

Domain investing and website development group.

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

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  1. baseballworld

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

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    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 views expressed on this page by users and staff are their own, not those of NamePros.
  2. Ali Azam

    Ali Azam DNCrate.com VIP

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  3. baseballworld

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

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    We can discuss it more in private message here on the forum.
     
  4. aramyus

    aramyus Established Member

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    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 ★★★★★★★★★★

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    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 ★★★★★★★★★★

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  7. Sulabh Sharma

    Sulabh Sharma Established Member

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    Everything sounds good to me. I will be joining the group soon.
     
  8. IrishCherokee

    IrishCherokee Restricted

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    I would like you invest, please let me know how can I invest.
     
  9. DU

    DU Inactive User VIP

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    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

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    @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

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    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 ★★★★★★★★★★

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    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.
     
  13. Igor Mironyuk

    Igor Mironyuk Established Member

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    If you're serious about your project, you need a site with his own domain name where you can post any of your thoughts about this even if you're not completely decide how exactly will be work your project/company. This is for more wider audience. With SEO/SMO I can help you.
     
  14. baseballworld

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

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    Just signed on a coder. Got ideas let me know.
     
  15. baseballworld

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

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    Code editing on the game has begun. trying to think of other games and theme ideas.
     
    Last edited: Apr 11, 2017
  16. baseballworld

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

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    Closing up entries into this very soon. You can either go a little higher if already a member at the low rate or get in new.
     
  17. RWD

    RWD Business Member Business Account

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    So, now there is two groups?

    I invested into this in October last year...

    With that said...

    How can there be two groups if first group hasn't started yet? I thought it starts in July now?

    Few questions.

    1. How many members are there in group number 1?
    2. How many domains does group 1 currently own, if any?
    3. How much of the original investment total (from all investors)is still available for buying domains? Or have you spent all the 1200 bucks on hand regs for the group? Are they parked at least?
    4. If half of the money is already spent why exactly are we waiting till July to launch?
    5. Is there anyone in the group that knows whats going on financial besides you (BBW)? If so please PM me a list. I doubt the others really want to keep it confidential from another member, I find that hard to beleive.
    6. Before it was mentioned there would be a six month build time...what exactly are you building? I'm guessing the game?

    Could the other members please PM me. I'm lost on what and who is in on this...

    If anyone has any info please pm me. I still have the DNCREW domain not sure why we need a website at this point or if that is still being thought about?

    Thanks

    RWD
     
  18. baseballworld

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

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    there ready to go there's not a second group getting the maybes to hurry up. Dans working on a website at this time also hes a member and coder. hes actually the highest investor in the group.
     
    Last edited: Apr 23, 2017
  19. baseballworld

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

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    From what I am understanding some members have contacted others and not gotten responses wanting to help with tasks they were given. people have contacted others but cold shouldered so i got dan in on the site developing. That way you can all have a meet and greet in june to get the ball rolling.
     
  20. MackieMesser

    MackieMesser Established Member

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    Some status briefing would be appreciated also by me. Maybe as group pm to all the members of the group?

    The status briefing should in my opinion at least include:
    • What has been done (which domains bought, etc) so far --> how the budget has been spent
    • Overview of the next steps
    • Other things (for example what members of the group can contribute of knowledge/skills)
    Thanks.
     
  21. baseballworld

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

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    were on it. wanted to post this on the site once the coder gets it done. maybe offer a for sale deal on each domain as well instead of the just parked page?
     
    Last edited: Apr 24, 2017
  22. MackieMesser

    MackieMesser Established Member

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    Thanks for the reply.

    I'd say it depends on the name and other factors such as traffic.
     
  23. baseballworld

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

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    we would leave them parked as is just offer them on the site for sale as well.
     
  24. baseballworld

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

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    I also have a couple ideas in the works also but just ideas right now nothing im concrete about doing just yet.
     
  25. dtagr

    dtagr Business Member Business Account

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    Sent you a PM.
     

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