Originally Posted by damndomains

On the Huffington Post it says the following:

"ICM Registry and its CEO, Stuart Lawley, who has led the fight for ICANN's approval of ".xxx," stand to profit handsomely from the rollout of ".xxx" websites – because he will be in charge of collecting fees for the use of the new domains. Lawley plans to charge registrars $60 per year for the domain names. He estimates that he could sell as many as 500,000 by the time he rolls them out this summer.

"This was always going to be a very lucrative arrangement," he said in an interview Friday.

Lawley's prices have been a critical issue for opponents to his plan, since domain names typically sell for a fraction of what Lawley plans to charge. They often sell for $10 or less."

OMG

Fuck this guy.....he's an arrogant prick. 1/2 million domains by summer. I guess he thinks we are so ignorant that we will blindly put $30 million dollars plus what other exorbitant fees he feels like charging in his greedy hands by Labor Day. I think not!