Sunday 26 October 2014

Owner of Ebola.com Domain Sells it for $200,000


If you recall, we brought you a Report on a businessman (Jon-schultz) who owns the ‘ebola.com’ domain and wanted to sell it for $150,000. Well he has got his wish turned into reality as he just sold the domain for more than $200,000 in cash and stock.

The deal highlights the rewards and risk of industry trading and speculating in domain names that see high interest after news events.

According to a securities filing, the buyer was a Russian-registered firm called Weed Growth Fund, previously known as Ovation Research.

The Oct. 20 filing said the price was $50,000 cash and 19,192 shares of Cannabis Sativa, which promotes medical uses for marijuana. Those shares are worth close to $170,000.

The reasons for the sale were not clear, but Cannabis Sativa chief and former New Mexico Gov. Gary Johnson has publicly said he thinks marijuana may be used to treat the deadly disease.

The seller was Nevada-based Blue String Ventures, which describes itself as an “Internet real estate investment and branding” company.

“If you are looking for a great name for your company, there’s an excellent chance we can help,” the company says on its website.

Some of its holdings have included Africanmango.com, Fukushima.com and RaspberryKetones.com.

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