Ebola.com Sold To Medical Pot Company For $200,000


While sci­en­tists are try­ing to con­tain the out­break of Ebo­la, some entre­pre­neurs are cash­ing in on the hys­te­ria. One Inter­net domain name trad­er has sold Ebola.com to a med­ical mar­i­jua­na com­pa­ny in a deal worth $200,000.

The domain owned by the Neva­da-based Blue String Ven­tures was sold to the Weed Growth Fund, Inc. and its sub­sidiary Cannabis Sati­va, Inc. which pro­mote the med­ical use of mar­i­jua­na.

Chris Hood and Jon Schultz, who own a total of 5,000 domain names in their port­fo­lio were offered, accord­ing to a fil­ing with the Secu­ri­ties and Exchange Com­mis­sion, some $50,000 in cash and 19,192 shares of Cannabis Sati­va worth close to $170,000.

That is over $200,000 in prof­it after the orig­i­nal pur­chase of the domain in 2008 for $13,500 by Neva­da-based Blue String Ven­tures. Con­tin­ue read­ing “Ebola.com Sold To Med­ical Pot Com­pa­ny For $200,000”

Buying Domain Names For Business And Profit

business domain names

There are many rea­sons why peo­ple buy domain names and the intro­duc­tion of dif­fer­ent types of domains over recent years means there is plen­ty of oppor­tu­ni­ty to find a name to suit your needs. In this arti­cle, we will look at the vari­ety of uses for a domain name and why peo­ple pur­chase them.

The orig­i­nal pur­pose of domain names was for busi­ness­es and orga­ni­za­tions to match their busi­ness brand and name to their web­site. This is still the case today as any new busi­ness set­ting up a web­site will require a domain to do so. The most well known exten­sion is dot com but for this very rea­son it is the most dif­fi­cult to reg­is­ter your domain of choice, as many names have already been tak­en. It may be that you will still be able to find a suit­able name but if not, you have the option of look­ing at oth­er exten­sions. Con­tin­ue read­ing “Buy­ing Domain Names For Busi­ness And Prof­it”