Did you know that there are 2 sex.coms ?

sarettah · 09-28-2005

Either did I, but there are.

1 is the one we know and loathe owned by Gary Kremen (I think)

The other is apparently a company (called sex.com) in Philadelphia that thinks they bought it for 11.4 mill and say they made a $500,000 deposit on it

So, Kremen, if you are around, how abouts popping in and giving us the skinny on this ?

http://www.macon.com/mld/macon/news/...s/12763766.htm

Sex.com sues over Web site

Heard the one about the folks from Philadelphia who say they lost $500,000 on an Internet porn site?

It's no joke. Their company filed suit over the matter in U.S. District Court in Philadelphia - in a document that also reveals the purported market value of a Web site with the domain address www.sex.com.

It's worth $11 million.

"A domain name can make or break a company," said Robert M. Silverman of Ambler, a lawyer for Philadelphia-based Sex.com Inc., which filed the lawsuit. Silverman declined to identify the local owners.

"These intangible assets have so much good will attached to them and are so recognizable," Silverman said. "It's no different than back in the 20th century, when a jingle was everything for a product."

According to the lawsuit, filed yesterday, Sex.com signed an $11.4 million deal last month with a Boston domain company to acquire the Internet address www.sex.com.

As part of the deal, Sex.com alleged that it made a $500,000 deposit to Web site broker Domain Name Acquisition Group L.L.C., the defendant in the case.

The civil complaint did not say why the deal fell apart but alleged that Domain Name engaged in "repeated untruths regarding the domain name Sex.Com, about other competing offers for the domain name Sex.Com, and various other material and relevant exaggerations and untruths."

Domain Name president Andrew Miller said he had not yet seen the lawsuit and therefore could not comment. The case has been assigned to U.S. District Judge Bruce Kauffman.

Just a little editing to get Kremen's board TRACKER to go off. Kremen Sex.com Cohen wants to pay you

09-28-2005	#1
sarettah Stay Out Of The Box Want to see your own Advertising Here! Join Date: Oct 2002 Location: Lost in the ozone Posts: 10,318	Did you know that there are 2 sex.coms ? Either did I, but there are. 1 is the one we know and loathe owned by Gary Kremen (I think) The other is apparently a company (called sex.com) in Philadelphia that thinks they bought it for 11.4 mill and say they made a $500,000 deposit on it So, Kremen, if you are around, how abouts popping in and giving us the skinny on this ? http://www.macon.com/mld/macon/news/...s/12763766.htm Sex.com sues over Web site Heard the one about the folks from Philadelphia who say they lost $500,000 on an Internet porn site? It's no joke. Their company filed suit over the matter in U.S. District Court in Philadelphia - in a document that also reveals the purported market value of a Web site with the domain address www.sex.com. It's worth $11 million. "A domain name can make or break a company," said Robert M. Silverman of Ambler, a lawyer for Philadelphia-based Sex.com Inc., which filed the lawsuit. Silverman declined to identify the local owners. "These intangible assets have so much good will attached to them and are so recognizable," Silverman said. "It's no different than back in the 20th century, when a jingle was everything for a product." According to the lawsuit, filed yesterday, Sex.com signed an $11.4 million deal last month with a Boston domain company to acquire the Internet address www.sex.com. As part of the deal, Sex.com alleged that it made a $500,000 deposit to Web site broker Domain Name Acquisition Group L.L.C., the defendant in the case. The civil complaint did not say why the deal fell apart but alleged that Domain Name engaged in "repeated untruths regarding the domain name Sex.Com, about other competing offers for the domain name Sex.Com, and various other material and relevant exaggerations and untruths." Domain Name president Andrew Miller said he had not yet seen the lawsuit and therefore could not comment. The case has been assigned to U.S. District Judge Bruce Kauffman. Just a little editing to get Kremen's board TRACKER to go off. Kremen Sex.com Cohen wants to pay you __________________ Free Adult Webcams