Escom subsequently announced it wants to sell the domain” Sex.com”. This year on February 18, Escom said the items have the domain name as collateral for loans, because he could not repay the loan DOM Partners Inc., had to transfer the domain.
The world’s most valuable domain name Sex.com has been put on the shelf. Internet domain names Sedo agency will be responsible for the auction. Reported, Sedo has been with the Sex.com domain name holders, Boston adult entertainment company Escom reached an exclusive agreement, as the latter’s private agent in charge of the domain name sales. Escom in January 2006 spent a record 14 million U.S. dollars to buy the domain name Sex.com, which was a record in the history of the domain name .
Escom’s three creditor bankruptcy court in California to make Chapter 11 bankruptcy requirements Escom, their lawyer Meister Seelig and Fein said in a statement: “It is to protect their interests and maximize the interests of all creditors and the value of all. ”
Sex.com domain name auction starting at 100 million, want to participate must submit one million U.S. dollars of bank deposits to prove. However from March 18, sex.com auction time will be delayed because of the pressure forced a group of creditors, Escom has filed for bankruptcy protection.
California Central Bankruptcy Court ordered in early June to allow Escom Sex.com domain name to sell commissioned Sedo. Is precisely because of this, Sex.com domain name has been put on the shelf again.
Earlier, media analysts said, Sex.com domain name can bring huge traffic, probably value for money. Sex.com is now PG-13 level Web site, including stories, video, Shop, classified information. It is worth mentioning that in the Google search for “sex”, Sex.com does not appear in the first results page.
Sex.com is perhaps the history of the “most troublesome” the domain name has occurred surrounding this case. Sex.com first registered person Gary Kremen, he registered the domain name in 1994 and in 2006 transferred to Escom.