Seller of TikiTorches,com ($25,000 Afternic) was Name Admin.
Looks like NameAdmin is looking to offload (at least chunk of their, maybe, non-performers) portfolio based on recent Afternic listings (user: NA1).
From their website:
"Is this domain for sale?
NAmedia is not in the business of selling domain names. It is not our intention to "hold out for your best offer". Replying to your email and the many we receive like it each day, costs us time that could be better spent growing our media business. We receive many emails with a similar subject and do not have the infrastructure to physically reply to all of them."
Translation: make us an offer in excess of what we think it is worth and we'll respond - as evidenced by high value sales in the past looking at WHOIS records of domains sold.
Hmm, maybe reality has set in when looking at the cold hard numbers on those crap domains where: cash inflow < cash outflow.
Better to recoup something while the going is still good:
1/ all that relentless spending on drop auctions on stuff with no/minimal traffic and which no end-user would ever want (at least not at more than drop price paid)
2/ worried that the proposed ICANN non-fixed future reg fees (.com/net/org) will bite the asses of 100,000+ portfolio merchants - NameAdmin have > 500,000 (?)
3/ waiting in vain for some deep pocketed investor/google/yahoo to buy them out - warts and all - but assume their asking price is too high.
4/ the imminent downturn in the US real estate market will affect consumer sentiment and in turn the economy, business confidence and the stock market. This means no more VC money in me-too social networking/youtube sites, and domain funds.
Looks like NameAdmin is looking to offload (at least chunk of their, maybe, non-performers) portfolio based on recent Afternic listings (user: NA1).
From their website:
"Is this domain for sale?
NAmedia is not in the business of selling domain names. It is not our intention to "hold out for your best offer". Replying to your email and the many we receive like it each day, costs us time that could be better spent growing our media business. We receive many emails with a similar subject and do not have the infrastructure to physically reply to all of them."
Translation: make us an offer in excess of what we think it is worth and we'll respond - as evidenced by high value sales in the past looking at WHOIS records of domains sold.
Hmm, maybe reality has set in when looking at the cold hard numbers on those crap domains where: cash inflow < cash outflow.
Better to recoup something while the going is still good:
1/ all that relentless spending on drop auctions on stuff with no/minimal traffic and which no end-user would ever want (at least not at more than drop price paid)
2/ worried that the proposed ICANN non-fixed future reg fees (.com/net/org) will bite the asses of 100,000+ portfolio merchants - NameAdmin have > 500,000 (?)
3/ waiting in vain for some deep pocketed investor/google/yahoo to buy them out - warts and all - but assume their asking price is too high.
4/ the imminent downturn in the US real estate market will affect consumer sentiment and in turn the economy, business confidence and the stock market. This means no more VC money in me-too social networking/youtube sites, and domain funds.
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