I am new to the domain name world. i am starting a business and have registered a few names for the purposes of that business. in talking with a friend of mind, he found out i registered a few names. and asked me about the process. i told him it was easy and offered to allow him to register some names through my account he has no account due to bad credit. It appears the names he registered are possibly copyrighted and or patented. and i have had the 1 of the owners of these business contact me as the owner of these domains. saying he owns them and will pursue legal action. it appears the majority of the names he my so called friend, registered are the mobis of many sizeable businesses that did not get them quick enough. i dont want to do anything illegal and i also dont wish to hold these owners hostage for $. it would appear after conversations with him that the thought he would be able to sell them to them for profit. i as the owner dont like the prospects of this. it seems wrong. nothing has been done with these names they are just in my account. no sites developed no sales or anything. i am not sure if i have any legal ramifications for owning these mobis. i called my registrar and they said dont worry about it and let them expire, dont advertise them for sale and dont contact any of the owners of the businesses and there should be no ramifications. Is this accurate. Or is it possible ibm or microsoft for example may be serving me soon. i dont like the idea he has i will not allow him to do this to owners legitimate owners . any help would be greatly appreciated. thanks from the newby






