RegisterFly strikes a deal with GoDaddy?

Quote:

ICANN just announced that a mysterious registrar that is yet to be identified may be buying RegisterFly’s customers. We are trying to put it all together and figure out the mystery company. I just don’t see how anyone would buy the company with the amount of liability it has so the deal would be for the assets rather then the whole company. We have talked to a few unnamed sources and they tell us the unnamed registrar is GoDaddy. When I asked GoDaddy for comment they said they could not comment at this time but confirmed anyone would be stupid to buy the whole company. However, four independent sources that all wished to remain confidential said they thought it was GoDaddy as well.

This would be good news for customers of RegisterFly. Customers have been very angry about the melt down and have been demanding action. This announcement brings us one step closer to resolution of this matter. RegisterFly customers may wake up next week to an email from Bob Parsons welcoming them to his customer base.

Perhaps Kevin Medina will have enough money to pay off the lawsuits if he strikes a deal to sell his customers. This is a much better deal for him than having his customers torn away from his company. Kevin has a lot of hosting customers as well, so I think this is one of the reasons I think ICANN finds it so hard to tear customers away. They are completely at the mercy of Kevin Medina.

Here is the offical ICANN announcement:

ICANN has been advised of a deal to transfer all names in RegisterFly’s management from RegisterFly to an existing accredited Registrar with a demonstrated record of customer service. This would be a quick and effective solution to many of the problems that registrants are presently experiencing with RegisterFly. The deal, which has been confirmed with the registrar, is a commercial transaction (where the acquiring registrar has worked out a financial arrangement to take over names managed by RegisterFly).

In order to make the transfer happen, all data must be provided to the acquiring registrar by RegisterFly. We have been informed that most of the data has been now made available. Final steps are underway to effect the full transfer of information which should be completed next week, with an announcement by the acquiring registrar to be made at that time.

In related news, US Federal District Court Judge Real has compelled the personal appearance of Kevin Medina before the court on Friday, 25 May 2007 to show cause why RegisterFly should not again be held in contempt of court and be further sanctioned. Kevin Medina has not so far appeared personally in this matter. ICANN will appear, and has reserved the right to take additional action before that time pursuant to the court’s orders, particularly if the RegisterFly transfer falls off the schedule outlined above.

We will continue to update you as new information becomes available. We understand how difficult these circumstances are and will continue to concentrate on getting the best possible outcome we can for registrants.