Domain name is currently owned by Future Media Architects.
A Canadian Jade mining company says it has entered into an agreement to acquire the Jade.com domain name for USD $1.25 million.
CDN Jade Mine Resources Inc., a Canadian mining company, said it is raising CAD $1.8 million to help pay for the domain name. In a release, CEO Shao Long Li said, “We are extremely pleased to announce our plans to acquire JADE.COM; this could significantly expand our customer reach by developing a strong platform for the global trade of jade.”
The company is focused on mining jade, a green ornamental stone.
CDN Jade Mine Resources said it plans to close on the transaction as early as today. (Update: the transaction has closed.)
As of right now, the whois record for Jade.com still shows Future Media Architects as the owner. I reached out to Future Media Architects over the weekend to confirm the deal but have not heard back. I also reached out to the buyer this morning and will update this story when I hear back.
Hat Tip: Bill Sweetman
A nice sale to start the week and a great aquisition for the Canadian jade mining company – would they have gone higher?
Maybe you can check about generosity.com? They also sold that not that long ago..
Andrea Paladini says
As far as I can see, the buyer is a weird (it was a water exporter until a few months ago …), unlisted entity with very little revenue and cash resources … judge by yourself: http://www.investorx.ca/PDF/1601291920529687/%28cdn-jade-mine-resources-inc%29%28mda-english%29%2801-29-2016%29?Mobile=False
They have basically no cash for their core business and they are planning to start a private placement to purchase Jade.com …
Here is their press release: http://www.investorx.ca/PDF/1602241457169270/%28cdn-jade-mine-resources-inc%29%28news-release-english%29%2802-24-2016%29?Mobile=False
Let’s see what will happen …
Andrea Paladini says
It looks they have purchased the domain, see the Whois below.
I’d be curious to know who they raised those funds from with that private placement.
As I wouldn’t be surprised to see it again on the market in the near future …
Anyway, nice name, no doubt, good luck with it 🙂
Whois Record ( last updated on 2016-03-09 )
Domain Name: jade.com
Registry Domain ID: 439414_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.godaddy.com
Registrar URL: http://www.godaddy.com
Update Date: 2016-03-06T20:29:33Z
Creation Date: 1992-10-23T04:00:00Z
Registrar Registration Expiration Date: 2017-10-22T04:00:00Z
Registrar: GoDaddy.com, LLC
Registrar IANA ID: 146
Registrant Name: Shao Long Li
Registrant Street: 307 – 4940 No. 3 Road
Registrant City: Richmond
Registrant State/Province: BC
Registrant Postal Code: V6X 3A5
Registrant Country: CA
Registrant Phone: +1.6042330753
Jessie j says
Seems pretty cheap for a domain of this quality
Henry Puer says
Applying for the position of Heavy Equipment Fitter (mechanical fitter)