Today’s big news was covered by Elliot, in a post about the sale of Ebola.com; the valuable tip came from Canadian domain investor, George Kirikos.
The domain name received plenty of – mostly negative – coverage recently, from higher-than-thou reporters with obvious personal agendas.
Mr. Jon Schultz is probably laughing all the way to the bank, after selling Ebola.com to Weed Growth Fund, Inc. The sale will allow him to focus on investments instead of worrying about negative media coverage.
The sale, however, involves a cash part of $50,000 USD and company stock, which brought the total exchange to $200,000 dollars.
DNJournal covers weekly sales based on cash only exchanges, so will this be covered as a $50,000 dollar sale, or a $200k one?
We’ll have to wait and see.
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IMHO the buyer is just a shell company for a pump and dump scheme, I’ve just done a quick research, adding a new post on DomainInvesting 🙂