Rick Adds $642,000 to the Teem.com Sale!!

Morning Folks!!

I was surprised to learn that Teem.com was acquired a couple weeks ago. My 1.5% of the company was liquidated. I had no say. I was very disappointed until a few minutes ago when I opened THIS email!!

9/24/2018

Dear Virtual Dates, Inc.,

A payment is now being made to the Teem Technologies, Inc. securityholders. Your payment of $642,751.92 has been processed via the ACH instructions you provided to SRS Acquiom. Please note, ACH payments can take 1-3 business days to settle.

If you have any questions, please do not hesitate to contact us via email at support@srsacquiom.com or by phone at (415) 263-9018 and provide the following reference in relation to this payment: 429795.

Thank you,










Client Services Team
SRS Acquiom

That brings the total sales price from Teem.com to $800k on a hand registration! That took 20 years. But one hell of a return!! And I thought this was one of my "Pigeon Shit" domains that would never sell.

Rick Schwartz

 



20 thoughts on “Rick Adds $642,000 to the Teem.com Sale!!

  1. Mika

    Congratulations! Here is a quote from you just two years ago, about this deal…

    “The cash component is always important. But it is just as exciting and maybe more so to have a shot at the moon. Who knows what will be. Shares in a mythical company may not be so exciting. However shares in an already existing entity is much more attractive, has instant value and is a ticket [to] a possible windfall some day.”

    You have reaped the seeds you sowed.

    Reply
  2. Michael D.

    How did you negotiate the deal? Reportedly they sold for about 100M USD, that would be 1.5M, no?

    Reply
  3. Sigma

    Congrats Rick.

    Enjoy your reward. I hope to cash a check like that on a premium domain sale one day.

    Reply
  4. steve

    Congrats, Rick! The icing is better than the cake. Take your loved ones out for a super dinner or a weekend getaway to the mountains.

    Reply
  5. Blu

    Congratulations Rick!
    Just another lesson for all to remember. Patience does pay off, even for so called “Pigeon Shit”.

    Reply
  6. Jeff Schneider

    The (.COM Equimoditty Platform Assets) are Strategically Superior (TAX SHELTERS), whose Internal Compounding Multiples actually compound internally Without Cash Infusions. They are the purest (TAX SHELTERS) to ever manifest. You are all probably wondering why you have never heard them in these definitional terms before ? ANSWER : There is fierce competition for these rare assets. The Really Smart Institutional Money circles do not want you to know about these Strategic Tax Sheltered Cash Cows. Institutional Non-Disclosure Sales of (.COM Equimoditty Platform Asset Tax Shelters)have been at the highest levels, We have ever experienced. JAS

    Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Intelligence Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master )http://www.UseBiz.com

    Reply
  7. Jeff Schneider

    Hello Rick,

    The true power of any Tax Shelter is its ability to compound internally Tax Free. An investment in a (.COM Equimoditty Platform Asset), puts you in the commanding drivers seat with a one time Money Investment, thats compounding internally, totally free of Taxes. These Fundamental advantages are Super Charged , by the fact that almost always these (.COM Equimoditty Platform Assets) increase in value due to their Rarity. Because of their rapidly increasing values, there is often, No need for further Cash Infusions. Making them the most Powerful Tax Shelters ever Created. This all adds up to supplying Pure Raw Tax Sheltered Asset Build Up. SMART! NO, REALLY SMART! JAS

    Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Intelligence Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master )http://www.UseBiz.com

    Reply
  8. Jeff Schneider

    Hello Rick,
    You just added 642000 to your bottom line by simply demanding a 1.5% sharing arrangement to be a requirement for closure of this deal.Most brokers are not trained as well as you are when it comes to the art of closure.Hopefully other brokers will start making these crucial demands in the future.Kudos Rick
    JAS

    Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Intelligence Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master )http://www.UseBiz.com

    Reply
  9. Jeff Schneider

    Hello Rick,
    It is ludicrous, ignorance , to think ALL Domaining is dead. Ask Google, who has been trying to overshadow the .COM Profit Center Equimoditty since their Inception. No matter how the SEM crowd has framed the image of .COM Profit Center Equimoditties, they have failed miserably. The .COM Profit Center Equimoditty, is still vastly undervalued because it is misunderstood.
    Now that the .COM Equimoditty Asset Class has a Wall Street Definition Recognition Classification. All those who have been impatient waiting for this Paragigm shift realization, will be aghast at the Cataclysmic increase in compounding Valuations Upwards. The .COM Profit Center Equimoditty Class Ascension Continues. The Valuation Model of .COM Equimodity Classes Crest is at least 20 years out. REALLY ?
    Consider this, the NYSE was founded March 8 1817. The (.COM Equimoditty Platform Asset Class) was founded March 15 1985. JAS 9/27/18

    Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master https://www.UseBiz.com

    Reply
  10. Jeff Schneider

    Hello Rick,

    We are now adding Stock options as a requirement for closure, along with % ownership sharing requirements on our (.COM Equimoditty Platform Asset (Tax Shelters) ). We believe this will be very common place in the future.

    The Web Business Configurater or Web Business Incubator, is collectively being formulated by more than one Entity as we speak. In the near future there will be a Cloud Based, Turnkey Business Configurater, designed to take Online Business Expansion to the next Level. There will be resistance from certain factions, who may try to block this needed Evolutionary Disruption. Those who are early adopters to this coming Platform, will be the futures new Internet Powerhouses. Its end result will culminate into the most rapid and dramatic Capital Expansion, the world has ever experienced. (.COM Equimoditty Platform Asset (Tax Shelters) ) will comprise its principal base JAS 9/29/18

    Gratefully, Jeff Schneider (Contact Group) (Metal Tiger) (Former Rockefeller IBEC Marketing Intelligence,Analyst/Strategist) (Licensed CBOE Commodity Hedge Strategist) (Domain Master ) https://www.UseBiz.com

    Reply

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