Is three million dollar wiki.com sale still a go?

[markfromslo]

A few months ago it was reported that wiki.com sold for three million dollars. The buyer had six small monthly payments and then the balloon payment.

Does anyone know where that deal stands?

 

[stscac]

Chances are that if it's not on DN Journal, it didn't happen or it is not official. Other than that, I haven't heard anything other than the initial hype.

-Steve

 

[markfromslo]

It was announced in DNJournal. I just checked and it was on 8/8/06. Here's the blurb:

We also got wind of a potential blockbuster deal that is in the works. Dynamo.com has agreed to sell Wiki.com to John Gotts of Searching.com for $2,860,000. The contract (which we have seen) calls for Gotts to make six monthly payments of $10,000 each, followed by a huge balloon payment of $2.8 million before the domain is transferred. Gotts made the first 10K payment this week and Dynamo has pointed the nameservers to his host to allow Gotts to start using the domain. Gotts could walk away from the deal before making the balloon payment, but would forfeit all payments made if he does so before the deal is completed.

http://www.dnjournal.com/archive/domainsales/2006/domainsales08_08_06.htm

I assume it's still on since a deal of that size would be worth following up on.

If my calculations are correct, the balloon payment would be due either January or February, depending upon how to interpret the wording.

When I originally saw this I purchased some good wiki names, so I've got my fingers crossed.

 

[Aggro]

Given the site is now a blank page (testing over), I think the deal will be off.

 

[markfromslo]

Maybe, maybe not.