May
15
Yeah… I’m probably jumping the gun without doing some “extensive” research on this… but let’s stir up some traffic to the blog.
I think it was already mentioned (actually pretty damned sure) on some other domaining blogs about the whole .ASIA and Pool CEO scandal currently going on… but I’m going to mention it again just because I noticed it on a forum and not on any blogs (I’ve been slacking with my blog update e-mails…eek).
Story:
Supposedly a lot of the “top” .asia domain names went to someone named “Lucky Rich.” Turns out that “Lucky Rich” is in fact CEO of Pool.com, Richard Schreier.
.ASIA Scandal Timeline (Courtesy of DotAsia Complot):
June 2007: DotAsia announced Sunrise of .asia Domains.
July 2007: DotAsia announced the agreement with Pool.com, a Canadian company, to be the Auction Partner for auctions arising from the .Asia Sunrise and Landrush processes.
October 2007: Sunrise Period - Name Registration starts for Trademark Holders. If there is more than one Trademark Holder, there will be an auction between the applicants.
January 2008: Auctions for these Sunrise Applications get started
February / March 2008: We found out the relationship between auctioneer pool.com and bidding party Drake Ventures Ltd.: Drake is owned by Drake Domains Corporation (Barbados) and the owner of drakedomainscorp.com is Richard Schreiber, CEO of auctioneer pool.com.
April 2008: We informed dotasia (PDF document 2MB). We received several non-committal mails from Edmon Chung, CEO of dotasia. The most remarkable sentence from Mr. Chung: “Being a party related to a bidding party, in my understanding, does not automatically create any issue.”
May 2008: We informed dotasia, that Throne Ventures Pty Ltd. is also involved in this complot. Throne is owned by Drake and both have won several auctions with a lot of topdomains until today .
Seems like a huge story is unraveling. Darned damn non-.com/.net domains (kidding).
Pool.com CEO responds: Domain News Article - Click Here
“I would like to provide a response to the false and defamatory statements posted at www.dotasia-complot.org by Thomas Reucker and Madunia Modellbau GmbH. It should be noted that we believe the actions taken by Thomas Reucker and Madunia Modellbau GmbH are a retaliation by Reucker/Madunia as a result of their exclusion from certain DotAsia auctions (which Reucker/Madunia itself discloses on the “notes” section of the website).”
.ASIA CEO Respondsto Allegations: Domain News Article - Click Here
“It appears that we have a disgruntled .Asia customer. We have and will continue to try to reach out to them regarding their issues and to attempt to turn a disgruntled customer around.”
Pictures of the situation. Click to enlarge OR visit on Dot Asia Complot
Comments
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Controversy is always interesting… what kind of domains did he pick up?
I think he pickup many gems including many top domains worth of millions dollar.