23 Oct '12, 7pm

153,000 Premium Domain Names Owned By Ondova Hits The Bankruptcy Court Auction Block: Minimum Bid $4.3 Million

The U. S. Bankruptcy Court has just issued a Court Ordered for the sale of two portfolios of domain names, one containing more than 150,000 domain names and separate portfolio of more than 3,000 domain names (the “Portfolios”), plus related monetization and registrar contracts. The minimum bid is $4.3 million dollars and you will have to put up $500,000 into escrow to bid on the auction. The domain names are owned by Ondova a company that Jeff Baron was involved in and which we wrote about in March of last year . “The auction of these two portfolios, one containing 3,000 premium domain names, and another large portfolio containing more than 150,000 domain names, will take place on November 9, 2012, in Dallas, Texas.” “The ruling allows liquidation of receivership and bankruptcy assets to resolve all claims, terminate the receivership currently administering the portfolios,...

Full article: http://www.thedomains.com/2012/10/23/153000-premium-domai...

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