sex.com for sale

[PinkFloyd]

NEW YORK (CNNMoney.com) -- Sex.com, one of the most valuable Internet domain names, will go up for auction next week after the previous owner defaulted on its debts.

Escom LLC paid a reported $14 million for the Web site in 2006. But the company failed to repay debt owed to DOM Partners LLC, the New Jersey-based lender that helped finance the deal.

As a result, sex.com will be sold "as is" in the equivalent of a foreclosure sale, according to a letter from DOM Partners' lawyers that was made public Tuesday. The auction is set for March 18 in New York, and bidders are required to appear with a certified check for $1 million to participate.

Richard Maltz, an auctioneer at Maltz Auctions who is overseeing the sale, said there has been a "good amount of interest" in sex.com. But he did not say how much the Web site could sell for.

"It is a very unique property," he said. "It will be an incredible opportunity for someone."

Indeed, sex.com generated $15,000 a day in revenue at one point, according to Charles Carreon, an attorney who wrote about the Web site's legal travails in his book "The Sex.com Chronicles."

Sex.com domain goes up for grabs - Mar. 9, 2010

$1

[PinkFloyd]

Another monster tube?

[JACOBKELL]

SOLD

[FoZzI]

Another monster tube?

yeaps. brought to us by brazzers

[CraK]

"Indeed, sex.com generated $15,000 a day in revenue at one point"

Must have been before the acquisition in 2006 for them to default on their payments.

[Webby]

"Indeed, sex.com generated $15,000 a day in revenue at one point"

Must have been before the acquisition in 2006 for them to default on their payments.

Sounds more like 1996-99 era Crak, - when Steve Cohen, the alleged lawyer, check kiter and general con artist, stole the domain off Gary Kremen and buried the proceeds under his bed in Mexico and laundered the balance in various offshore locations. Ironically, that was probably the only time sex.com earned any serious level of money when Cohen stuffed up a banner farm - everyone else who owned it apparently just wanted to possess it and fantasize about running a website

I got no doubts, despite his constant claims of poverty, Cohen prob has more plastic cards from offshore banks than could be stuffed in a wallet. Hell, Cohen is probably in a good position to make a substantial bid for sex.com at the auction in an attempt to prove, in a warped kinda way, that everyone was wrong and he is totally innocent of the theft.... but, maybe that's not a good idea??

[Best-In-BC]

"Indeed, sex.com generated $15,000 a day in revenue at one point"

Must have been before the acquisition in 2006 for them to default on their payments.

Dude they had not freakin clue what they were doing there!

[Best-In-BC]

Only some of the real online porn guys, like some on this forum could do something amazing with that domain, but since we generally cant afford a 16million dollar domain, it will probly go to shit again

[Joker]

Only some of the real online porn guys, like some on this forum could do something amazing with that domain, but since we generally cant afford a 16million dollar domain, it will probly go to shit again

I bet it will be bought as an investment and will be parked until someone from planet Pandora offers more

[CraK]

Looks like PETA wants Sex.com to promote Vegan Viagra. On the other hand, there is BullWhip who wants to acquire the domain as well.

“Meat is good for all. There is nothing wrong with eating meat and we will develop Sex.com to deliver this message to the world. Our plans are to have celebrities such as Angelina Jolie eating a hot dog or Eliza Dushku with two big slabs of Angus steak on her breasts. Britney Spears and Paris Hilton have also been contacted to fight in a tub of hamburger. We want Sex.com to show the world how meat can enhance your mood, satisfy your gut but overall, we just want the domain to say ‘Fuck You, PETA’.”

BullWhip to Fight PETA over ownership of Sex.com! | DomainGang

[kinkstercash]

interesting ...

[hjnet]

....the real online porn guys....could do something amazing.....but cant afford.....

Then maybe our skills aren't as amazing as we think they are

[arock]

auction was stopped cause the lender forced the owner into bankruptcy

[PinkFloyd]

auction was stopped cause the lender forced the owner into bankruptcy

shit, almost got it