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The Watercooler
Potentially Sticky Ethical Situation Regarding An End User
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<blockquote data-quote="Deleted member 111831" data-source="post: 2232820" data-attributes="member: 111831"><p>Ya, I'd have to agree.</p><p></p><p></p><p></p><p>It would be worth it if I could guarantee a 7-figure flip. But it's not worth it on the small chance of that happening. </p><p></p><p></p><p></p><p>My equity is small. And yes it would make a difference. It may match or exceed my return as an investor. </p><p></p><p></p><p></p><p>Excellent point. I never thought about that. But I have reviewed the documents I signed and there is nothing in there that restricts my behavior in any way, other than that I cannot sell my shares except under certain conditions. </p><p></p><p></p><p></p><p>I doubt this name could ever be trademarked. It's a common dictionary word. Like 'ocean' or 'turtle'</p><p></p><p>Do you or anybody else know if it's 'bad faith' to buy a domain intending to sell it to somebody later, even if the name cannot be trademarked?</p><p></p><p></p><p></p><p>I wouldn't like it at all. It would probably ruin the relationship. </p><p></p><p></p><p></p><p>I can't see them being ok with the finders fee, I wouldn't be. At the same time, I am not ok with making nothing on the sale. </p><p></p><p>I do like the idea of having them decline to buy it and then me buying it. But when it comes time for them to buy it, they are going to want to pay me what I paid for it. I'll get nothing for the gamble that I took. Again, relationship gets ruined.</p><p></p><p>There is no way out of this one! lol</p></blockquote><p></p>
[QUOTE="Deleted member 111831, post: 2232820, member: 111831"] Ya, I'd have to agree. It would be worth it if I could guarantee a 7-figure flip. But it's not worth it on the small chance of that happening. My equity is small. And yes it would make a difference. It may match or exceed my return as an investor. Excellent point. I never thought about that. But I have reviewed the documents I signed and there is nothing in there that restricts my behavior in any way, other than that I cannot sell my shares except under certain conditions. I doubt this name could ever be trademarked. It's a common dictionary word. Like 'ocean' or 'turtle' Do you or anybody else know if it's 'bad faith' to buy a domain intending to sell it to somebody later, even if the name cannot be trademarked? I wouldn't like it at all. It would probably ruin the relationship. I can't see them being ok with the finders fee, I wouldn't be. At the same time, I am not ok with making nothing on the sale. I do like the idea of having them decline to buy it and then me buying it. But when it comes time for them to buy it, they are going to want to pay me what I paid for it. I'll get nothing for the gamble that I took. Again, relationship gets ruined. There is no way out of this one! lol [/QUOTE]
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