US country code auction sells over $40,000 worth of domain names. [Updated: the official tally is 30 domains sold. I originally reported 29 domains sold.] Moniker's .us domain name auction sold 29 30 of 86 domain names, or 35%. That's a much ... Continue Reading6 Comments
Nelson Brady Comes Clean in Response to SnapNames Lawsuit
· Policy & LawBrady acted alone, says he wanted to generate money for long term health care. Nelson Brady has responded to a lawsuit filed by Oversee.net and SnapNames regarding the company's bidding scandal. Brady admitted to many of Oversee's allegations. The ... Continue Reading29 Comments
DOMAINfest Extended Auction Bombs
· Domain SalesExtended auction fails to live up to success of live auction. Last week DOMAINfest had a successful live domain name auction. Unfortunately, the extended auction didn't perform too well. Only 8 out of 797 domain names sold, or a sell through rate ... Continue Reading22 Comments
Nelson Brady Will Speak, But What Will He Say?
· Policy & LawExpect to hear his side of the story within 30 days. By filing suit against former employee Nelson Brady this week, Oversee.net and Snapnames hope to accomplish a couple things. Yes, it wants to get some of its money back. But more importantly, it ... Continue Reading11 Comments
Inside Oversee.net v. Howard Nelson Brady, Jr.
· Policy & LawLawsuit sheds more light on bidding scandal. Earlier today SnapNames and parent company Oversee.net filed a lawsuit against former employee Howard Nelson Brady, Jr. for his alleged scheme of shill bidding and embezzlement. Much has already been ... Continue Reading8 Comments
SnapNames and Oversee.net Sue Nelson Brady aka Halvarez
· Policy & LawLawsuit filed against former employee over bidding scandal. SnapNames and its parent company Oversee.net have sued Nelson Brady, the former employee allegedly at the center of a massive bidding scandal last year. The company is seeking $33 million in ... Continue Reading39 Comments
12 Domain Names to Bid on in Today’s Geo Domain Auction
· Domain SalesA dozen picks for today's auction. GeoDomain Expo's online domain name auction held in conjunction with SnapNames ends today at 3:15 pm EDT. There are 805 domain names in the auction and so far 10 domains have met their reserves. The highest bid ... Continue Reading1 Comment
Three Domain Name Auctions Going On Right Now
· Domain SalesLots of domain name auction action going on. There are three live domain name auctions going on right now: First, the Domain Madness 2 extended auction ends this afternoon. Several domain names already have bids including Autorespond.com ($4,000), ... Continue ReadingLeave a Comment
Lawyer: SnapNames Class Action Headed to State Court
· Policy & LawLawyers plan to take case to state court. The lawyers that filed a lawsuit in federal district court against SnapNames and Oversee.net over the 'Halvarez' scandal and later dismissed the case say it's not over yet. "It was really just a procedural ... Continue Reading7 Comments
SnapNames Class Action Lawsuit Dismissed
· Policy & LawLawsuit over employee bidding scandal voluntarily dismissed by plaintiff. A lawsuit against SnapNames and parent company Oversee.net that was requesting class action status has been voluntarily dismissed. Steward Resmer, a SnapNames customer who ... Continue Reading13 Comments