Communicate.com has sold Wrestling.com for $500,000.
Communicate.com Inc. (OTCBB: CMNN) sold the premium one word domain Wrestling.com in a private transaction for a cool $500k, one of the biggest domain name sales this year. The company is currently listing Boxing.com for sale as well and expects it to pull in more than Wrestling.com.
Communicate.com owns a number of premium domains and turns them into sites. For example, the company’s Perfume.com domain was turned into an online frangrance retailer. The company doesn’t own inventory and the entire site is drop-shipped. Another one of the company’s major sites is Importers.com.
Communicate.com is traded OTC and currently has share price of $.90 and a market cap just shy of $16M.
To read more, visit the Communicate.com blog at blog.CMNN.com.