TechCrunch.com is reporting that HallPass Media was bought today by MindJolt.

HallPass Media is a  gaming company that has purchased millions of dollars of  names over the years including cookinggames.com last year for $350,000

HallPass Media and its founder Bill Karamouzis (Bill Kara for short) was featured in DnJournal.com cover story just last year.

In the DnJournal.com story, which was the Cover Story for March-April 2010, Mr. Karamouzis says he purchase $4 Million dollars in domains in the previous two years.

Mindjolt according to TechCrunch is “the game distribution company that was acquired by MySpace founder and former CEO Chris DeWolfe last year.”

In addition to acquiring HallPass Media, MindJolt also acquired a game developer Social Gaming Network (SGN).

Financial terms of the acquisitions were not disclosed.

Again according to “TechCrunch:

“SGN creates a number of popular games for the iPhone and Android devices and social platforms like Facebook.”

“MindJolt has a catalog of over 1,300 casual games, which it distributes across partner sites as well as its own game portal MindJolt.com and a Facebook application that had over 10 million monthly active users, as of December. Currently, MindJolt has seen 30 million mobile downloads of its applications and is reaching over 25 million users across the web.”

Congrats to Bill.

“MindJolt also offers a monetization product called AdJolt, which includes ads and a virtual goods system.”