Archives For February 2007

As we’re Registerfly customers ourself and we’re not able to get our Domains out of their account I wanted to share a quick find for a quick laugh on the current Registerfly-case: In some published court documents you find this gem:

Defendant [Kevin Medina] has wasted UNI’s assets by, among others: (a) wiring $9,000 in UNI funds on three seperate occasions to pay for the company of Defendant’s personal escort, (b) using UNI funds to pay the $10,000 monthly rent on Defendant’s personal penthouse residence in Miami Beach, FLorida; (c) spending tens of thousands of dollars from UNI’s accounts to pay for Defendant’s personal credit card bills; (d) spending approximately $6,000 of UNI’ money for liposuction; and (e) unaccountably withdrawing tens of thousands of dollars in cash from UNI’s accounts for Defendant’s personal spending.

Hey – how simply can’t run a business properly, if you spend all your time spending money! 😉
If you haven’t got the whole story: Read this at the excellent customer-blog Registerflies or here. BTW: Registerfly isn’t that big as they appear – 63% of their domains are actually .info domains that were given away heavily discounted or even for free.
The real reason for all the chaos and the court actions seems to be a non-working 50/50 partnership between John Naruszewicz and Kevin Medina. Now John is trying to squeeze Kevin out of their company by publishing all this dirt – the whole document is a real how-to-NOT business documentary…