Business Magazine

Publicly Traded Company Announces Acquisition of FindIt.com

Posted on the 24 April 2014 by Worldwide @thedomains

In a pretty unusually worded press release sent out by Artemis Energy Holdings, Inc. (OTC Pink: ARTT) (PINKSHEETS: ARTT) it said it “recently entered into an agreement to purchase the domain name Findit.com. The company has opened escrow and made the initial payment.”

“The domain Findit.com has been transferred to Escrow.com and Artemis Energy Holdings, Inc. now has control of the Findit.com URL. ”

“The deal provides Artemis Energy Holdings, Inc. to make monthly payments while using the Findit.com domain name, and is scheduled to close by January 17th, 2015. ”

The closing can take place sooner upon completion of payments by Artemis Energy Holdings, Inc.”

Ray Firth, President of Artemis Energy Holdings, Inc., stated, “We have been working for approximately 7 years to obtain the Findit.com domain name. We were successful in reaching an agreement, which was executed, last week. ”

“The name Findit will bring immediate brand recognition when visitors and members go to the new Findit.com site once we launch. ”

“The name Findit clearly provides anyone on the web a very good idea of what the site will do for our members and visitors. Through Findit members will have the ability to post most if not all of their relevant content to the Findit site so that people can find what members have posted within Findit. This means we are providing users with an interactive search engine to manage most if not all of their content within a powerful social networking context. We are very excited to build the services around the Findit brand.”

The company despite its name has is not in the energy business.

Artemis Energy is focused on the development of monetized internet based web products that increase brand awareness of both private and public companies through its press release distribution site TransWorldNews.com and its Financial Networking Platform LinkMyStock.com.

They also own the domains WooEB.com and LinkMyFan.com.

The terms were not announced however we own Foundit.com and Searchit.com and we quote six figures for either of these domains and with a payment structure you would have to assume this domain sold in the six figures.

The domain is owned under privacy at Godaddy.com for many years, the last time it was not under privacy it was owned by Findit, Inc. of Sarasota, Florida


Back to Featured Articles on Logo Paperblog