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GoDaddy Fined $1 BILLION PER DAY By Court
By 247 News
Shares of GoDaddy plunge 5% in 3 days since this story broke
This is the Third Article about a Major new court action on GoDaddy for theft of the domain name 1eMail.com from one of the world’s top domain name investors.
For a second time GoDaddy has been found to be in CONTEMPT of the International Court hearing the case and now GoDaddy faces a $1 BILLION USD FINE for every day it refuses to do what the court has ordered it to, that being RETURN 1eMail.com back to it’s rightful owner.
So there are now 3 Court Orders in place.
The first ORDER ordered GoDaddy to return the domain name 1eMail.com back to it’s rightful owner, it warned GoDaddy would face a $10 Million USD fine per day for not obeying the court.
3 Days later a 2nd Order was issued finding GoDaddy was in CONTEMPT and the Court hit GoDaddy with a $30 Million USD FINE and warned the fine would increase to $100 Million per day.
Today the Court issued a 3rd Order finding GoDaddy continued to be in CONTEMPT and fined GoDaddy $130 MILLION USD and now the court has warned GoDaddy it faces a CONTEMPT FINE of $1 BILLION USD for everyday it is in contempt.
GoDaddy has a 13 Billion Dollar Market Cap based on a measly $100 Million in Profits a year and only 2.2 Billion in sales per year.
GoDaddy has fallen 5% since August 10th when news of the $100 BILLION USD lawsuit first hit the net on our site.
Below is a combination of our articles about one of the wealthiest Domain Name Lords in the world who is suing GoDaddy a publicly traded Domain Name Registration company on the NYSE in an international civil court for theft of one of domain name assets that being 1eMail.com from his GoDaddy Account, the suit is for $100 Billion USD. When news of the lawsuit broke late Friday the stock of GoDaddy dropped almost 1% at the end of the trading day. It dropped another 1% yesterday and today the stock opened with trading falling 3% early in the day. That’s a whopping 5% drop in the value of GoDaddy’s stock exactly as we warned was likely to occur as news of this story spreads to investors.
On August 11th 2018 the Court ORDERED GoDaddy LLC based in Phoenix AZ to transfer 1eMail.com back to the famous Domain Name Lord Dr. Sol Adoni. The Court Order warned GoDaddy that failure to obey it’s order immediately would result in a court fine of $10,000,000 USD per day for every day GoDaddy fails to obey the Court’s Order.
Today the Court has found GoDaddy IN CONTEMPT and fined the tech giant $30,000,000 (Thirty Million USD for not transferring the domain name back to Dr. Sol Adoni. It has increased the daily fine to now a staggering $100 MILLION USD PER DAY should GoDaddy refuse to obey the international courts order.
Dr. Sol Adoni has a wall full of honorary doctorates for his theories in math and physics which includes the Prime Algorithm used by the NSA to back door modern encryption on the Net and many believe it was used by the NSA to create special keys released through NiST that enabled the NSA to backdoor Bitcoin’s encryption algorithm and many believe now as Dr. Adoni has claimed for years that Bitcoin was indeed an NSA project to track drug money and terrorists.
NASA is said to use the correction of Titius-Bodes released by Dr. Sol Adoni almost 20 years ago in finding new planets beyond our solar system. The Titius-Bodes Rule was the great first rule of astro-physics used for over two centuries in the study of our solar system.
1eMail.com is a pivotal asset of 1 MEDIA a large internet marketing network that uses over 300 Business Portals and News Portals as well as entertainment portals built using over 300 keywords domains owned by the Adoni Domain Name Trust founded by Dr. Sol Adoni.
Dr. Sol Adoni also founded the $100 Billion USD Crypto Project known as BIZBytes and his WARNINGS about the value of Bitcoin have been tied to every major drop in the value of Bitcoin since December of 2017 when Bitcoin hit it’s all time high.
Articles on Bitcoin’s historic value drops tied to Dr. Sol Adoni
Below is our original article from August 10th 2018 about the $100 Billion USD Lawsuit filed by Dr. Sol Adoni on GoDaddy.
— Sol Adoni (@SolAdoni) August 10, 2018
If you own stock in the 12 Billion buck public company GoDaddy get ready for the stock to crash and burn.d
One of the wealthiest domain name owners in the world who owns 1 MEDIA of which we are part of, has posted a public notice that GoDaddy stole one of his domain names 1eMail and he is suing the public company for 100 BILLION US DOLLARS.
1 MEDIA controls hundreds of domains and operates 300+ Business and local search portals most of which use the 1 Prefix as their brand.
We spoke to Dr. Adoni who was involved in a major accident not long ago about how the name was stolen and he says the name was hidden by GoDaddy in his accounts expiring domains interface which he uses to renew monthly his valuable domain name assets.
So if you have 1 eMail .com in your portfolio through a mistake of GoDaddy the name is worthless to you since it has been owned by Dr. Adoni’s domain name trust for years.
If you own stock in GoDaddy you might want to DUMP IT since the news of this lawsuit will destroy any value GoDaddy has and since the company only has a $12 Billion dollar market value the threat of a $100 Billion Dollar lawsuit by one of the most valuable domain name owners in the world will surely destroy the value of GoDaddy’s stock until the matter is settled.
Scott Wagner is the current CEO of GoDaddy which was founded by the elephant shooting Bob Parsons who had to liquidate most of his holdings over public outrage from his safari photos that outraged many people.
Dr. Adoni is also the founder of BizBytes the $100 Billion Dollar Crypto Project that has a strong merchant base for their crypto and who has been predicting publicly every major drop in the price of Bitcoin.
Dr. Adoni is also known for his math and physic theories and has authored over 100 books on business, math and science as well as history.
Dr. Adoni also says GoDaddy is violating ICANN Rules about renewing expired domains.
GoDaddy has an 18 day grace period and then according to ICANN a domain name owner has 30 days to redeem an expired name then a 5 day deletion period when the name enters the public domain. GoDaddy illegally puts names into an illegal auction before they are allowed to go back to public domain status and GoDaddy does not give owners a full 30 day redemption period.
The 1email.com shows the name had an ownership change on June 25th 2018 which was it’s expiration date and not even 48 days ago, so the transfer is 100% illegal says Dr. Adoni.
But the basis of his claims is that GoDaddy hid the name in his account from showing as nearing expiration or expired, so it was not renewed with many other domains in the beginning of June 2018 when it was due.
So either way, GoDaddy illegally hid the name or at best did not follow ICANN RULES as to 30 days redemption periods after grace periods.
DUMP GODADDY says Dr. Adoni news of his lawsuit will cripple the stock.
When Bitcoin was almost $20K Dr. Adoni publicly trashed the crypto coin and within days it crashed to $10K.
The other day Dr. Adoni once again said another crash was to hit Bitcoin and within days the coin lost 25% of it’s value.
Today GoDaddy is at $76.65 on the NYSE and has a market cap of $12 Billion.
Watch the stock crash says Dr. Adoni, GoDaddy can lose their ICANN License over this theft of his asset.
If ICCAN strips GoDaddy of their right to register domain names, the stock would indeed become worthless.
Real simple math here says Dr. Adoni, 18 days grace, 30 Day mandatory ICANN redemption then 5 days to release to public domain. That’s 53 days and it’s only 45 days since the name expired.
So GoDaddy did a shotgun theft of a valuable asset of 1 MEDIA.
Plus the name was offered in an auction and not released to the public domain another violation of ICANN Policy says Dr. Adoni.
GoDaddy has serious problems in running illegal expired domain name auctions and in not releasing names back to public domain, it can easily reverse the recent transfer of the name to a new owner, but is refusing to do so, says Dr. Adoni.
So now GoDaddy will become worthless as a public stock says Dr. Adoni
@ScottWWagner LEGAL NOTICE you have 24 Hours to put my IP ASSET https://t.co/1loEFP7uEH back into my account at GoDaddy your company STOLE IT the asset was illegally removed from my account https://t.co/DBuijIDksA you violated ICANN RULES you hid the expiration inside account
— Sol Adoni (@SolAdoni) August 10, 2018