According to a SEC filing (Schedule 13D), a corporation out of the Cayman Islands FTS, Corp (FTS) now owns over 5.5% of the outstanding shares of publicly traded Rightside Group, Ltd. (Nasdaq: NAME).
FTS is the initials of Frank Schilling and the form is signed by a Ria Scott Blyth who according to their Linkedin page is an Executive Assistant for Uniregistry.
According to the filing FTS, Corp owns 1,008,142 shares representing 5.5% of the outstanding shares of Rightside.
According to the filing, in the last 60 days (between 30th July and 30th September), FTS purchased 481,009 shares at an average price of $7.13.
Rightside closed today at $8.02 down $.13
Rightside has a 52 week low of $6.05 and a 52 week high of $10.90.
Rightside owns two of the top 10 domain name registrars, Enom.com and Name.com, is the backend for Donuts and owns a bunch of new gTLD strings in its own right and some in partnership with Donuts.
In full disclosure my company Worldwide Media, Inc. owns shares in Rightside as well but a fraction of what FTS,Corp owns.
Here is the relevant information from the filing:
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
FTS, Corp.
CITIZENSHIP OR PLACE OF ORGANIZATION
The Cayman Islands
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
SOLE VOTING POWER
1,008,142
SOLE DISPOSITIVE POWER
1,008,142
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,008,142
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.5%
a) This Statement is being filed by FTS, Corp. ("The Reporting Person or
TCP")
b) The address of The Reporting Person is 10518 Airport Ave, Grand Cayman,
KY1-1005. The Cayman Islands
c) The present principal occupation of the Reporting Person is a passive
investment corporation.
d) During the last five years, the Reporting Person has not been convicted
in any criminal proceeding (excluding traffic violations and other similar
misdemeanors).
e) During the last five years, the Reporting Person has not been a party
to any civil proceeding of a judicial or administrative body of competent
jurisdiction as a result of which such person was or is subject to
any judgment, decree or final order enjoining future violations of,
or prohibiting or mandating activities subject to, federal or state
securities laws or finding any violation with respect to such laws.
Item 5.Interest in Securities of the Issuer.
(a) The shares of Common Stock identified pursuant to Item1 constitute
to approximately 5.5% of the shares of Common Stock. There is a total
of 1,008,142 shares.
(b) The Reporting Person has sole voting and dispositive power over
the shares of Common Stock.
(c) In the last 60 days (between 30th July and 30th September), 481,009
shares have been purchased at an average price of $7.13.
(d) - (e) N/A
FTS, Corp
Ria Scott Blyth
Administrative Assistant
30th September 2015
