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Frank Schilling sparked yesterday’s active day for Rightside

August 30, 2016Domaining, DomainnamewireComments Off on Frank Schilling sparked yesterday’s active day for Rightside

Schilling sold about 1% of Rightside’s outstanding shares yesterday.

Frank Schilling might have sparked yesterday’s very active day of trading in shares of Rightside (NASDAQ:NAME), or at least contributed to it.

Over 860,000 shares traded hands yesterday compared to a three-month average daily volume of about 75,000 shares. This pushed shares down about 13% to $9.50.

Schilling confirmed to Domain Name Wire that he sold shares yesterday to take some profits as well as push his ownership below the 5% ownership reporting threshold. His average purchase price was $7.40, so he sold the shares at a profit.

According to an SEC filing from December, a Schilling-owned firm owned 1,158,174 Shares, constituting approximately 6.1% of the Shares outstanding. He sold just over 1% of the company’s outstanding shares yesterday. That would be about 200,000 shares.

Still, this is just a fraction of the total shares that traded. It certainly pushed a lot of activity.

It’s also impressive that people bought over 860,000 shares in the company yesterday. There was strong resistance in the $9 range.

Two other large shareholders, Daniel Negari and Mike Ambrose, sold about 173,000 shares earlier this month at an average price just below $12.00. They made a profit of their sales.

Shares in Rigthside traded up $.25 today to close at $9.75.



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There’s still time to take the DNW Reader Survey

August 30, 2016Domaining, DomainnamewireComments Off on There’s still time to take the DNW Reader Survey

Survey is open until the end of this week.

First of all, thanks to the 100+ people that have already completed the DNW Reader Survey.

The purpose of the survey is to better understand what type of news and information is most helpful to readers and podcast listeners. The survey is anonymous, so you can feel free to share whatever you think about Domain Name Wire.

It takes about three minutes to complete the survey. You can complete the survey here.

I plan to keep it open until the end of the week and analyze results then. I will share some of the data with the community.



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Latest domain news at DNW.com: Domain Name Wire.

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Do new TLDs suffer from an awareness problem or demand problem?

August 30, 2016Domaining, DomainnamewireComments Off on Do new TLDs suffer from an awareness problem or demand problem?

Are domain registrants unaware of new top level domain names? I don’t think so.

New top level domain name companies have been saying that new domain options suffer from an awareness problem. Very few people know about them, they say, and this is why they aren’t selling as briskly as hoped.

I believe this is true, and I’ve been saying the same thing.

But I’ve recently started to consider another version of events: domain registrants are aware of new TLDs, and it’s actually a demand issue.

The general population isn’t aware of new domain options, but people who register domain names certainly are.

How can they not? Type “My Company” into the search box at GoDaddy and you’ll see this:

mycompany-example

A few years ago these search results would have been filled with spun .com domain names. Now they are all .com alternatives.

It’s clear that people who are registering domain names are presented with options for non-.com domain names. They just aren’t registering many of them.

You can argue that greater awareness in the general internet population will make domain registrants more comfortable registering new TLDs. I buy that argument.

But I also think that the lack-of-awareness claim might be just an excuse for lackluster demand.



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TrumpPence.com domain name will sell for at least $18,734

August 29, 2016Domaining, DomainnamewireComments Off on TrumpPence.com domain name will sell for at least $18,734

Auction at Flippa has met its reserve.

trumppenceFlippa sold the domain name ClintonKaine.com earlier this month for $15,000, and it looks like it’s going to score again with TrumpPence.com.

An auction for the domain name has 23 bids and a current price of $18,734. It has met its reserve and will conclude in four days.

Both of these domain names have a very short shelf life. The elections are just a couple months away. That said, one of the domain names could be useful again in 2020 if the winners team up for another four years.

If your pockets are a bit deeper, MakeAmericaGreatAgain.com can be yours for a starting bid of $75,000.



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Rats! Lawsuit over stolen Rat.com domain name gets caught in trap

August 29, 2016Domaining, DomainnamewireComments Off on Rats! Lawsuit over stolen Rat.com domain name gets caught in trap

Court determines it can’t issue default judgment in John Doe suit.

A lawsuit filed to recover the allegedly stolen domain name Rat.com has hit a snag in Fairfax County court.

Jon Beutler registered rat.com in 1995. He alleges that the domain name was stolen from his GoDaddy account last year and transferred to another registrar.

I see lots of lawsuits filed in Virginia because Verisign is located there. But most of these are in rem suits filed against the domain names in Federal District Court that allege cybersquatting.

Instead, Beutler’s lawsuit was filed in a circuit court for conversion and tortious interference, and against John Doe rather than the domain name.

The court determined (pdf) that it can’t issue a default judgment against a John Doe in a domain name case, that you can’t serve a John Doe defendant by publication in Virginia, and that Verisign would have to be a party to the suit if the court were to order the domain name transferred.

It seems to me like the most common way to try to recover a domain name like this is to claim trademark rights and file it in rem. I’m not sure why the plaintiffs took a different approach in this case.



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Rightside (NASDAQ:NAME) shares down big in heavy volume

August 29, 2016Domaining, DomainnamewireComments Off on Rightside (NASDAQ:NAME) shares down big in heavy volume

Heavy trading and steep losses for Rightside today.

Shares of Rightside, the company that owns domain name registrar eNom, are down big with heavier-than-usual volume today.

At 2:10 EDT shares are trading at $9.51, down $1.40 on the day (13%). Shares briefly traded below $9.00.

Volume is over 650,000 shares, while the average volume (3 months) is only 73,685 shares.

[Update: shares closed at $9.50 with 860k shares trading hands.]

It’s possible that one of Rightside’s larger shareholders is dumping shares.

Daniel Negari and Mike Ambrose of XYZ sold over 170,000 shares earlier this month at an average price of $12.00. They still owned a combined 800,000 shares after the sales, according to an SEC filing. They are no longer required to file with the SEC because they own less than 5% of the company combined.

Other shareholders with more than 5% ownership include Frank Schilling and J. Carlo Cannell. Cannell has been pushing Rightside to change its focus and change up its board.



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Latest domain news at DNW.com: Domain Name Wire.

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Bigfoot IP Manager makes a two-step change to LinkedIn Profile

August 29, 2016Domaining, DomainnamewireComments Off on Bigfoot IP Manager makes a two-step change to LinkedIn Profile

“Manipulation” and “achieve UDRP reverse domain name hijacking” removed from profile.

Marco Notarnicola is an Intellectual Property/trademarks manager for Bigfoot Entertainment, a company that is coming under fire for questionable trademark activity. The company was recently found to have engaged in reverse domain name hijacking in a UDRP for Slized.com.

I was quite surprised when I came across Notarnicola’s LinkedIn profile, which stated that one of his responsibilities at BigFoot is:

co-existence, consent agreements, etc. to ensure creative resolution of IP disputes, including manipulation of TMs and common law marks to achieve UDRP “reverse domain name hijacking”

Although I have not personally heard from Notarnicola after contacting him for comment, he has changed his LinkedIn profile a couple of times.

First, he changed the word “achieve” to “recognize cases of,” which didn’t make much sense.

Now he has completely changed the controversial part of the statement:

co-existence, consent agreements, etc. to ensure creative resolution of IP disputes, including administration of trademarks and domains mechanics involving UDRP procedures.

It looks much better, but I’m sure anyone who receives a UDRP complaint from one of Gleisnner’s companies will benefit by pointing out the earlier profile.



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Another UDRP loss by a Gleissner company

August 29, 2016Domaining, DomainnamewireComments Off on Another UDRP loss by a Gleissner company

Company loses UDRP for Flammea.com.

CKL Holdings N.V has lost another UDRP.

The company, which is tied to Michael Gleissner, unsuccessfully tried to get the domain name Flammea.com from a guy whose last name is Flammea.

It put forth as evidence a DomainIQ page that showed a purported change of ownership in 2010, after the date that CKL claims trademark rights to Flammea.

I’m looking at that same DomainIQ page right now, and it also shows that Paul Flammea owned the domain name before the purported ownership change. The top of the page does show a different owner for a brief period of time. I’m not sure why, but anyone inspecting the entire page would see that Flammea owned it before that date.

Flammea provided evidence to the panel that he registered the domain name in 2006, before CKL claims trademark rights.

At any rate…none of this matters. Because the owner’s last name is Flammea, it was easy for him to show rights or legitimate interests in the domain name.

It does not appear that the respondent asked for a finding of reverse domain name hijacking, nor did the panelist consider it.

Gleissner’s companies are making some controversial trademark and UDRP claims. One of its employees posted on LinkedIn that his responsibilities included “co-existence, consent agreements, etc. to ensure creative resolution of IP disputes, including manipulation of TMs and common law marks to achieve UDRP “reverse domain name hijacking”.

That employee has since updated his LinkedIn profile.



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Latest domain news at DNW.com: Domain Name Wire.

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Ray King on Marketing Domain Names – DNW Podcast #99

August 29, 2016Domaining, DomainnamewireComments Off on Ray King on Marketing Domain Names – DNW Podcast #99

Ray King returns to discuss how he’s marketing his TLDs.

Ray King has a long history in domain names, and is now working hard to promote three top level domain names his company Top Level Design owns. Learn about how he’s getting people at tradeshows to register domains on the spot, and other approaches he’s taking to building top domain names. Also: a Bigfoot-in-the-mouth, Div’s $900 million payday, Escrow.com’s numbers and a Chinese investor ditches the market.

New: Listen to the podcast from any phone. Just call 701-719-9848.

Subscribe via iTunes to listen to the Domain Name Wire podcast on your iPhone or iPad, view on Google Play Music, or click play below or download to begin listening. (Listen to previous podcasts here.)



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Latest domain news at DNW.com: Domain Name Wire.

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Got $30k? Long and expensive .Shop Early Access opens Thursday

August 29, 2016Domaining, DomainnamewireComments Off on Got $30k? Long and expensive .Shop Early Access opens Thursday

Have a spare $30,000 lying around? You can step to the front of the line.

dot-shopThe first chance for non-trademark holders to get their hands on .shop domain names begins this Thursday, but it’s going to cost you.

GMO Registry won an auction for rights to run .shop back in January, paying a (then) record $41.5 million.

It hopes to recoup some of that investment during the Early Access landrush period that begins this Thursday.

Rather than a seven-day early access that competing registries have run, .Shop’s period will run nearly a month. There will be seven price drops during the period.

Starting Thursday, you can pick up a .shop domain name at your favorite registrar for about $30,000.

That’s not a typo, and I don’t blame GMO for trying. After all, Hanes bought T-Shirts.store for about $30,000 during the .store landrush.

Prices drop to about $13,000-$15,000 (retail) on September 3, and drop all the way down to about $150 for the last few days of landrush.



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Latest domain news at DNW.com: Domain Name Wire.

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