Minds + Machines Group Limited (AIM:MMX) issued its financial report for the six months ending June 30, 2014 today. Total sales increased 4,114% to £295,000 against £7,000 for the same period in 2013; Operating profit was up 255% at £2.92 million against a 2013 loss of £1.88million, and wound up with £20 Million in the bank as of June 30th up from £9 Million … [Read more...]
Minds + Machines Wins .Law & .Vip; Loses 5 Auctions & Pockets $6.2 Million
Minds + Machines Group Limited (AIM:MMX), announce today that it won the new gTLD auctions for the new domain name extensions .Law and .Vip and lost private auctions for .Design, .Flowers, .Group, .Realestate and .Video and pocketed approximately $6.2 million (£3.8 million). The net cash to the Minds + Machines includes the amounts paid for .Vip and .Law, and is also net of … [Read more...]
.London Winds Up With Just Over 35,500 Domain Names After Its 1st Day; .Global 1,638
One of the best and most anticipated new gTLD domain name extensions went into general availability (GA) yesterday as .London wound up with over 35,500 registered domain names .London wound up with 35,557 domain names registered after its first day of general availability according to ntldstats.com. However .London had over 24,000 domains before GA, in Sunrise for trademark holders and … [Read more...]
Minds + Machines Adopts Compensation “Restricted Stock Unit Plan” For Up To 12.5% Of Its Shares
Minds + Machines Group Limited (AIM:MMX), announced today "that it has adopted a new share incentive scheme". "As set out in the Company's Readmission document published earlier this year, the Company has been considering implementing a replacement incentive compensation scheme across the Group for its directors and employees to better attract, retain and reward employees. Employee … [Read more...]
Minds + Machines Issues 350K Shares To Employee at 9P Stock trading At 11.50P
According to a regulatory filing, Minds + Machines Group Limited (AIM:MMX), the publicly quoted owner and operator of Internet top-level domains, announces that it has issued 350,000 new Ordinary Shares following exercise by an employee of 350,000 share options at an exercise price of 9p per share. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares and application … [Read more...]
After 8 Months I Finally Get A Notice On The New gTLD Paid Orders With Minds+Machines
Back In December 2013, I placed some paid pre-orders for some .Horse domain names and wrote a blog post about it. At the time we noted that what MindsandMachines.com says about these domain name registrations which are live on their site: “This is Not an “Expression of Interest” but a real reservation. The master list of reservations is kept by the registry, the authoritative source. A … [Read more...]
Shares Of Minds + Machines Sink On News Of Its Expensive .Fashion Auction Win
Minds + Machines Group Limited (AIM:MMX) announced overnight that it acquired the new gTLD .Fashion at a price that exceed almost all the money it received from losing the new gTLD applications for .cricket, .pizza, .restaurant, .coupon and .immo. In essesence according to the company it gave up rights to 5 new gTLD strings for .Fashion and £250,000. Shares of Mind + Machines sank today in … [Read more...]