Forum › Forum › Candidate promotion / Promotion des candidat·e·s › Frank Michlick (member candidate) › Reply To: Frank Michlick (member candidate)
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Buying something for resale is perfectly legal. There are quite a lot of owners who have ‘000s of such names in inventory. I believe one person even owns about 10,000 domain names. All legal. Good revenue source.
Some Canadians however object to cyber squatting. For example, I incorporated a company federally and then found out someone had registered that name as a domain and of course wanted to sell it to me for “000’s. Not sure if that is a false economy or not (like buying a lottery ticket which I occasionally do).
<font color=”rgba(0, 0, 0, 0)” face=”inherit”>I look at a domain name as “crown land” that I use, as long as I keep renewing year to year. Do you agree with that analogy? Or when Ticket Master – or equivalent buys up all the tickets and then resells them at </font>inflated<font color=”rgba(0, 0, 0, 0)” face=”inherit”> prices. Somewhat legal, some dodgy if you really want to see </font>Taylor<font color=”rgba(0, 0, 0, 0)” face=”inherit”> Swift etc. </font>
The other point is that your operations – the processing of the ‘DUM’ – is reduced by half because 1/2 the DUMs are not in use.
Finally I would like to know what the marketing costs have been for each of the past 5 years to see if those costs are greater than the revenue. We might be surprised with the answer!
Finally finally, do you have any comments about the other stats which show that CIRA is at the back of the pack when compared to other European ccTLD registries.