A few thoughts...

Wow. What a week it has been in the domain name world. We seen some great sales this week as well as a collapse of an ICANN accredited registrar. Registerfly is in trouble, and on top of that, the domain name holders with RegFly are in even more trouble. I heard this week that a reseller of RegFly domain names is now in hiding because he is receiving death threats at home to him and his family. There are alot of pissed off people out there and frankly I don't blame them. People's lives WILL be ruined over this mess...and it can all be traced back to one man, Kevin Medina. Medina is the co-founder and ex-CEO of RegisterFly who allegedly has spent $100,000 of the companies money on escorts, personal credit card debts, and personal trips, to name a few.

This week I counted at least 4-5 articles, one by Foxnews.com, on Cyber-squatting and "domain tasting." This negative press is hurting us ladies and gentleman. If you buy a domain name for $8 and resell it for $50 you are a businessman, plain and simple. Congratulations. It is the people that register TM'd domain names and then attempt to sell them to the TM holder for $50,000 that give us the bad name. This is a business ladies and gentleman. ...thats all for now.