Quote:
Originally Posted by DotXXX
For Smokey and u-Bob -
Aside from any auctions, which will always be public and published, Premium names are open to serious enquiries and each one is treated confidentially. The process is: we enter into a mutual non-disclosure agreement, we talk - and see whether we can agree to a mutually satisfactory deal which balances price and development ideas. Then it's either done, or not. This is a private, and bone fide business negotiation.
Development plans and new ideas are VERY important to us, because we are committed to making .XXX a vibrant, healthy space. We held these names to make sure they would be developed into exciting new adult destinations and we are NOT simply looking for the highest bidder for them.
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So after vibrant negotiations and sweet dollar paid, if new owner deviates from said business plan does ICM then reserve the right to take back overpriced domain purchase?