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[https://www.afternic.com/ Afternic.com] has been in the business of reselling domains for years. However, the company has changed owners several times, and it's evolution has hardly been smooth-sailing. A major change in company ownership came when [[Register.com]] purchased Afternic.com for about $48 million dollars in September, 2000. Within two years Afternic had failed, and [[Register.com]] announced that it was shutting down the company.<ref>[http://www.dnjournal.com/columns/coverstory6.htm DN Journal]</ref>
[https://www.afternic.com/ Afternic.com] has been in the business of reselling domains for years. However, the company has changed owners several times, and it's evolution has hardly been smooth-sailing. A major change in company ownership came when [[Register.com]] purchased Afternic.com for about $48 million dollars in September, 2000. Within two years Afternic had failed, and [[Register.com]] announced that it was shutting down the company.<ref>[http://www.dnjournal.com/columns/coverstory6.htm DN Journal]</ref>
However, an internet entrepreneur, [[Roger Collins]], and his brother [[Michael Collins]] purchased the company for a mere one hundred thousand dollars in 2002. It may be mentioned here that Roger Collins was at that point the creative mind behind quite a few online businesses, including ProProject ASP and ChangeNotes.com.
However, an internet entrepreneur, [[Roger Collins]], and his brother, [[Michael Collins]], purchased the company for a mere $100,000 dollars in 2002. Roger Collins was the creative mind behind quite a few online businesses, including [[ProProject ASP]] and [[ChangeNotes.com]].
Roger Collins was then the owner of NameBuySell.com, and the apparent intention behind the Afternic purchase was to channel the intensive and established traffic of the site to power the domain resale business that was the staple financial map of NameBuySell.com.
Roger Collins was then the owner of NameBuySell.com, and the apparent intention behind the Afternic purchase was to channel the intensive and established traffic of the site to power the domain resale business that was the staple financial map of NameBuySell.com.