My bad day turned good (somewhat)

Discussion in 'General Chat' started by conceptcrew, Feb 10, 2008.

  1. #1
    Weel, Friday the 2nd was a bad day for me. To start I got laid off from my real job after 10 months. Construction here in Florida is in the crapper!

    Then I get home and find an email from a Lawyer with a cease and desist order demanding that I remove all content from investedge (dot) us and turn over the domain to their client.

    After a few emails back and forth, I removed the content. I spent several hours developing the site and got it to PR3 and to page 2 (#14) in the SERPs for the search terms that returned over 16 millions results. Having told this to the laywer, I made him an offer t purchase the domain from me instead of heading off to the court house.

    So on Monday we struck a deal and his client purchased the domain from me for $500.

    About 4 months ago I puirchased the domain here for only $4.

    So I made a little money on it :p

    At least it will help some until I can get back to work.
     
    conceptcrew, Feb 10, 2008 IP
  2. bogart

    bogart Notable Member

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    #2
    Looks like you were strong armed into giving up the domain. The two word gomain is generic 'Invest Edge' and at best the company could have claimed a trademark on software sales.

    I think it was bogus that they didn't make an offer on the domain and rather hit you with a cease and desist.

    $500 was a good price for the domain but I would have demanded another $500 for aggravating me with the cease and desist.
     
    bogart, Feb 10, 2008 IP
  3. wisdomtool

    wisdomtool Moderator Staff

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    #3
    Thats is 12500% profit! Not bad! Hope you find a better job soon.

     
    wisdomtool, Feb 10, 2008 IP
  4. bogart

    bogart Notable Member

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    #4
    It pays to be at the right place at the right time :D
     
    bogart, Feb 10, 2008 IP