I want to point out the tip for this article came courtesy of JS Lascary, he noticed some info related to QuinStreet a publicly traded company (QNST (NASDAQ) $6.03 -0.15 (-2.43%) that is an online performance marketing company providing technologies for businesses to identify their targeted audiences.
They have purchased a number of high profile domains over the years, back in 2010 they paid $35.6 million for insurance.com, JS noticed they mentioned in a recent filing:
This additional income of $3.2 million, or 112%, was due to the sale of non-strategic domain names for a gain of $3.3 million and lower interest expense due to decreased debt obligations, partially offset by the accelerated amortization of $0.3 million of unamortized deferred upfront costs incurred in connection with the Second Amendment to Credit Agreement.
source :http://investor.quinstreet.com/secfi…3125-15-177129
Now looking at domain history on DomainTools.com shows that in March of 2015 the whois changed from Quin Street to
Registrant Name: A Tooley Registrant Organization: Online Education Research, LLC Registrant Street: 4512 Martin Street Registrant City: Union City Registrant State/Province: California.
Now did the OnlineEducation.com account for the whole $3.3 million ? We don’t know as they did say domain names but it would make sense that this was the lion’s share.
We will update with any further info.
