Domain name development company sold name, gets it back.
Communicate.com (OTC: CMNN.ob) is known for owning some of the world’s best domain names, including Perfume.com, Body.com, Cricket.com, and Brazil.com. A while back they sold several of their premium domains including Makeup.com, Automobile.com, Exercise.com, and Call.com. Part of the agreement called for the buyer to pay modest royalties on all future earnings from the domains.
Communicate.com announced today that it has “reacquired” call.com in return for eliminating future royalties on the other three domains. The company will release a 10-QSB in August that will have more details about this acquisition. Hopefully it will discuss the estimated future royalties on the other domains so that we can assign a value to the Call.com acquisition.
The company is known for developing premium domains into real web sites, including Importers.com. It also develops a number of inventory-free, dropship e-commerce sites like Perfume.com.