SolarEnergy(.)com sold for $1,650,000

[nstalk]

I just found this exciting news for all domainers, especially those who invest in green alternative energy names. It can be found on the 10-Q filed today by Solar energy Initiatives, Inc. under Significant Capital Expenditures. http://biz.yahoo.com/e/081224/snry.ob10-q.html

"During the quarter ended October 31, 2008, we acquired approximately $1,662,755 of business assets, and furniture and equipment for office purposes. $1,650,000 of the capital expenditures were for the purchase of the domain name, solarenergy.com, We have used these assets to begin our business operation."

This is by far the highest price I've seen paid yet for any green alternative energy name.

Merry Christmas to all.....

 

[dgridley]

Nice deal for the seller and buyer..

 

[dmi]

WOW! Nice find. Thanks for sharing!

 

[roccom89]

that's a lot

 

[allanh]

nice. Lol, now we just need someone to build a base on Mars so they can buy my Marsbase.com :D

 

[cdboard]

$12,500 for furniture.

$1,650,000 for the domain name.


nice find.

 

[ALG]

Good to keep the hope alive!

 

[gomzy]

I mean is it possible for unique domains to attract such high prices? I think its time to shift from real estate to web market!!! Just hold on to some nice and become millionaire in a short time. sounds really cool!!
__________________________________________

The Domain Wiki

 

[onewordonly]

Great sale, I'm sure the eco domain market will grow stronger each day.

 

[Zona]

Interesting that Ron missed that sale in his weekly recaps. It must have not been reported by the seller.

That would be the third highest known domain sale of 2008 behind Fund.com ($9,999,950) and datarecovery.com ($1,659,000).

 

[godolphin]

Good sale!

 

[ff89]

wow,very very very nice sale

 

[corgi]

It always seems like a huge figure to normal people.
but to the visionaries, it's more than fair.

They're buying this for the long, permanent, haul.
it's a huge, inevitable, growing market.

 

[dotnom]

Nice sale indeed

Based on their number figures, the domain was one of their biggest investment

 

[Aggro]

Love these pink sheet stocks.

As if even the big players are currently making money from solar. NOT

If their business doesn't work out, expect them to have a domain liquidation sale at a fraction of the price


Wait for it...I expect some to come out with their Solar,pro..

 

[theuniverse]

Good Sale.

 

[nstalk]

SolarEnergy.com goes for $1,650,000

It was indeed a great buy and sale. What's surprising to me is that a small start-up company grabbed that name at such a relatively high price. Since they posted the price paid in their 10-Q report (as they are required to do because of being a public traded company), I'm also very surprised they didn't report the buy to Ron with dnJournal. Maybe the seller didn't want it reported.

I think I'll shoot an email to their CFO and suggest they report it to Ron....seems to me it would help promote their start-up efforts.....as well as encourage/inspire all domainers who keep up with the weekly sales. I'm also considering investing in the common stock of this small company simple because of the value of their domain name.....but it might be better to wait until they've paid for it.....they issued a million shares of their stock at .65 per share ($650,000) and financed $850,000 at 7.5% interest over 21 months. They paid the remaining $150,000 in cash.

 

[accent]

I would wonder about a brand new company that would spend $12,500 on furniture.
/joke.


Will be interesting to see what they do with the domain. That will tell the tale.

 

[AbdulBasit.com]

Great sale

 

[daj]

They must of spent all of their money on it, because the developed site currently looks....