Thursday, October 28, 2010

Article: Shareholder Of Bible.com Sues For “Lack Of Profit”: Is Bible.com Worth $100 Million Dollars?

Shareholder Of Bible.com Sues For “Lack Of Profit”: Is Bible.com Worth $100 Million Dollars?
http://www.thedomains.com/2010/10/21/shareholder-of-bible-com-sues-for-lack-of-profit-is-bible-com-worth-100-million-dollars/

Shareholder Of Bible.com Sues For “Lack Of Profit” - Is Bible.com Worth $100 Million Dollars?

by MHB
In  a unusual case, James Solakian a shareholder who owns 28% of Bible.com filed suit against the board directors of the company alleging breach of their fiduciary duty by refusing to sell the site or run the company in a profitable way and for “failing to profit from the goldmine potential of the domain name”.

(via Instapaper)


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