various Domain Portfolio Sold for Over $15 Million to GoDaddy

[News]

While reviewing some public records today, I noticed that Traffic Names LTD had entered Liquidation, so I reviewed there report on the Companies House UK which is a great free site to use if you are doing business with anyone here in the UK visit beta.companieshouse.gov.uk and search the limited company name to see there public accounts.

Anyway after looking up the records, I can see that Ian’s company has been liquidated with no liabilities and he has £11,400,253 cash in the bank as of 31st of July 2017 when it was liquidated this would equate to over $15 Million USD, now I am assuming the cash in the bank has come from the Name Find sale however this hasn’t been verified and Ian’s company may have already had cash in its business account prior to the sale...

Read More