Cybersquatters, in this case the Illuminati Karate company from North Carolina (USA), paid less than $ 10 to intercept the domain from the developers of the George Bush online library project GeorgeWBushLibrary.com. When knocked down, the Yuma Solutions development team realized that the domain was missing, it was too late. Cybersquatters understood that the developers would want this particular domain, because, firstly, other options for this project did not look so attractive, and secondly, the developers had already begun to work on this brand.
In March 2007, Yuma Solutions bought this domain from an individual for $ 3,000 and this, as we can see, was far from the last expenses for this domain name.
“Everything worked perfectly,” commented lead developer George Hager from Illuminati Karate.
The developers of Illuminati Karate noticed that the domain should have been removed from the register and intercepted it, because they noticed the potential in it. Later they received several offers for him, however, they were rejected.
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To the shame of Yuma Solutions, you can add that they did not even know about the loss of the domain until the news appeared in The Dallas Morning News. And the founders of the library did not know about the loss until the reporter of The Dallas News contacted them, and they made it clear that these expenses would fall on the shoulders of the guilty developers.
“By the time an article appeared in the newspaper, they wanted to return the domain very strongly,” said George Hager, smiling.
The deal was concluded in the amount of $ 35,000, it was so much to the useless developers who had to put it out of their own pockets for their carelessness. Subsequently, the domain was extended for 5 years until 2013, and it is worth noting that it cost less than $ 50.
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