The March 18th auction for the domain, sex.com was put on hold. Three creditors, including Washington Technology Associates, iEntertainment Inc. and AccountingMatters.com, filed a Chapter 11 bankruptcy petition against Escom LLC, the current owner of the site.
The petitioners are claiming they are owed more than $10 million and that an auction sale "would have diminished the value of Escom's assets" according to a statement from their attorney, Meister Seelig & Fein LLP.
In the meantime, The People Against the Ethical Treatment of Animals (PETA) has appealed to the owners of sex.com to donate the domain name to them in order to promote their "Vegetarians are Sexy" campaign. PETA said the owners would enjoy a big tax write-off.
PETA Executive Vice President Tracy Reiman wrote: "PETA has never hesitated to use sex to make people aware that going vegan is the best thing that you can do for animals, your body, and your lover, so it makes sense for Sex.com and PETA to hook up."
The burning question among domainers this week is: how much will sex.com fetch on the auction block on March 18th?
It reportedly sold for $14 million in 2006, but many consider that price tag way too high for today. But one never knows. Poker.org sold for a cool million recently and insure.com was sold for about $16 million last year.
Reports show that the site gets 120,000 unique visitors per month nowadays for nothing other than the name. In its heyday, however, sex.com cashed in $15,000 a day. Maybe the makers of Cialis or Viagra could scoop it up and retest that kind of money making prowess?
The auction is being run by Richard Maltz of Maltz Auctions who announced that all prospective bidders require a $1 million dollar certified check to participate. Here are the details should you have the means:
Auction Date & Time: Thursday, March 18th at 11:00 am.
Auction Location: Windels Marx Lane & Mittendorf, LLP, 156 West 56th Street, New York, New York 10019.
Further information: www.maltzauctions.com
We all know that inspiration sometimes comes from the written word. Steve Rogoschewsky, CEO of BlackSun Inc. based in Saskatoon, recently completed the purchase of a letter handwritten by Lady Diana.
The letter, purchased for $990 from England-based Dominic Winter Books Auction, was about how Princess Diana found comfort by practicing feng shui during one of the distressing periods in her life.
"We're interested in owning pieces of history, small pieces that influence our lives," said Rogoschewsky.
The Web hosting company has an interesting collection of memorabilia including a signed book by Albert Einstein, a dozen Pablo Picasso signatures and obscure video games systems.
BlackSun keeps the following quote from Einstein and the Universe on display: "We can't solve problems by using the same kind of thinking we used when we created them."
The 14 employees from the Saskatchewan-based Web hosting provider, which began operations in 1998, find inspiration from that each day, said Rogoschewsky.
There's no doubt that the data center market continues to heat up, in more ways than one. The market will obviously enjoy further expansion as demand for data center facilities increase.
Digital Realty Trust released survey information from 300 corporate IT decision makers on March 3rd indicating that a vast majority plan data center expansions in the next 12-24 months. In fact 83 percent will proceed with expansion by 2011 with 36 percent saying the plans will definitely take shape by the end of this year.
It was somewhat surprising that he need for additional power is the top reason for data center expansions, rising from fifth place on last year's survey to first place this year.
Continue reading "Data Center Managers Want More Power" »
To kick off the Cloud madness at the
Parallels Summit 2010, the popular "Show me the money" clip from Jerry Maguire was shown on the big screen. It set the tone off well to the 'Profit from the Cloud' theme in the three day extravaganza held on February 22-24 at Fontainebleau Resort in Miami Beach.
Melanie Posey, IDC Research Director, in her opening keynote, quickly alluded to the fact that large businesses will be able to navigate their own way in the Cloud market but SMBs need to partner with service providers. This, she noted, "is the way to gain access to new capabilities that wouldn't be accessible to small businesses otherwise.'' The key to success then, is to offer services or packages that eliminate the complexity for the end user.
Continue reading "Parallels Summit 2010 & The Cloud Services Money Train" »
