Re: [ga] sTLD Premium Names

[Hugh Dierker <hdierker2204@xxxxxxxxx>]

Guess their lawyers were not so swift afterall. But wait they have yet to close up shop.
   
  Eric

"Prophet Partners Inc." <Domains@xxxxxxxxxxxxxxxxxxx> wrote:
  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" 
To: 
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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