Minds + Machines (LON:MMX) announced today that it added £2.3 Million, which is over $3.5 Million In USD, by withdrawing its applications for .Blog and .Store to settle those new gTLD's in private auctions Minds + Machines' cash holdings have risen to US $48 Million (£31.9mln). Minds + Machines also announced they won the new gTLD .DDS in a private auction with Google, although they didn't … [Read more...]
Quiksilver Ready To Surf The New gTLD Wave
Brand Channel published an article today about Quiksilver, the largest surfwear brand in the world, adding a .surf into the mix. The company released a press release that they were going to use the new gtld for social media (they have millions of followers) and to differentiate their business segments. This is how I have envisioned new gtlds being used, the .com or cctld being the hub and then … [Read more...]
Minds + Machines Pockets Another $4.4 Million & Has $45 Million In Cash
Minds + Machines Group Limited (AIM:MMX), announce that "following the recent series of private auctions, the Company will receive in aggregate $4.4 million (approximately £2.8 million) for withdrawing its applications on .latino, .school and a third domain application that at present cannot be named due to the rules governing the private auction process. The cash to the Group is net of auction … [Read more...]
Minds + Machines Says They Are Pleased With New gTLD Results; Investors Not So Much
Minds + Machines (LON:MMX) in a story published by proactiveinvestors.co.uk today saying "it is pleased with the revenues from its emerging portfolio of generic top level domains." "Around US$4 Million has been generated by the new domains M+M is involved with and, according to analysts, the AIM group’s share is around £300,000 for the first half of 2014, driven mostly from .London domain name … [Read more...]
Minds + Machines Has More Outstanding Shares Than Google & Verisign Combined
I noticed this statement that was released by Minds + Machines (AIM:MMX) this week about the amount of shares it has issued and outstanding: "The Board of Minds + Machines Group Limited (AIM:MMX) announces that as at the date of this announcement, the total number of shares in issue with voting rights is 831,969,485. " So almost 832 Million shares. That is a of of shares I checked out how … [Read more...]
Fred Krueger Exercises Option To Acquire 5 Million Shares Of Minds + Machines For 4p
Minds + Machines Group Limited (AIM:MMX), announced today, that Frederick Krueger, a director of the Company, has today exercised options to subscribe for 5,000,000 new Ordinary Shares at a price of 4p per new Ordinary Share. Shares of Minds + Machines closed in trading today at 9.63p, having a 52 week high of 19.38p and a 52-week Low of 5.38p. Frederick Krueger held options to subscribe for … [Read more...]
Minds + Machines Says .Law & .Abogado (Spanish for Lawyer) Will Only Be For Lawyers
Minds + Machines, which won the private auction for .Law a couple of weeks ago announced that .Law and .Abogado (Spanish for Lawyer, M+M was the only applicant for .Adogado) are expected to launch in early 2015. Both .Law and .Abogado will be restricted to licensed lawyers or law firms, and all initial applications and renewals will be examined to verify that the registrant's license is … [Read more...]