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Re: [ga] sTLD Premium Names

  • To: <ga@xxxxxxxxxxxxxx>
  • Subject: Re: [ga] sTLD Premium Names
  • From: "Prophet Partners Inc." <Domains@xxxxxxxxxxxxxxxxxxx>
  • Date: Wed, 18 Jul 2007 19:17:10 -0400
  • References: <530698.55231.qm@web52205.mail.re2.yahoo.com>
  • Sender: owner-ga@xxxxxxxxxxxxxx

Hi Danny,

It would appear that plans for any intended auction for premium .travel domain names are dead. Given TGLO/Tralliance's critical need for operating capital, if they had the ability to run an auction to raise money, they already would have done so. Discussion of their auction plans from 7 months ago are moot at this point.

From the TheGlobe.com Inc 10-Q filing dated May 11, 2007:
http://sec.edgar-online.com/2007/05/11/0001144204-07-024438/Section8.asp

"BASIS OF PRESENTATION OF CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

We received a report from our independent accountants, relating to our December 31, 2006 audited financial statements, containing a paragraph stating that our recurring losses from operations and our accumulated deficit raise substantial doubt about our ability to continue as a going concern. The Company continues to incur substantial consolidated net losses and management believes the Company will continue to be unprofitable and use cash in its operations for the foreseeable future. Based upon our current cash resources of approximately $480 thousand at May 4, 2007, management does not believe the Company can operate as a going concern beyond May 2007."

Sincerely,
Ted
Prophet Partners Inc.
http://www.ProphetPartners.com
http://www.Premium-Domain-Names.com


----- Original Message ----- From: "Danny Younger" <dannyyounger@xxxxxxxxx>
To: <ga@xxxxxxxxxxxxxx>
Sent: Wednesday, July 18, 2007 2:13 PM
Subject: [ga] sTLD Premium Names



On, Tuesday, 19th December 2006, the Executive
Committee of the Board of Directors of The Travel
Partnership Corporation approved the following
program, subject to a thirty (30) day public comment
period and approval by the entire Board:

Premium Names
Certain premium domain names (e.g., fun.travel and
convention.travel) will be reserved by Tralliance and
may be sold at a premium price through an auction
methodology.  Prior to the sale of any premium name,
Tralliance will obtain TTPC's approval of the name(s)
to be sold.

http://www.ttpc.org/announce.htm

I have the following questions:

1.  Did the entire Travel Partnership Corp. Board
finally approve the program?  There is no mention of
this detail on the website.

2.  What names were reserved?  Where is the authorized
list of reserved names published?

3.  What is the auction methodology being used?  Where
are details of the auction process posted?

4.  Why wasn't this proposed program vetted by way of
the Registry Services Evaluation Process?  -- see
http://www.icann.org/registries/rsep/

5.  Does the current sTLD contract allow for this
initiative without the need to invoke the RSEP?

6.  At the very least, wouldn't this initiative
require an ICANN-authorized modification to the
.travel Appendix 6 Schedule of Reserved Names?

As premium name initiatives can impact the registrant
community, any feedback on the above would be
appreciated.




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