February 24, 2007
The Registerfly Saga Continues
Boy, am I glad I (finally) got all my domains out from RegisterFly!
Seems many were not so lucky.
The Domaintools blog had this to say:
Reports are flying in about RegisterFly’s implosion. Registerfly’s web site went dark for most of the Monday after the CEO Kevin Medina changed the root password and locked everyone out. It started earlier in the month, on February 12th, vice president John Naruszewicz threw the first major punch by suing the CEO with a claim of misappropriation of corporate funds. The CEO and the Vice-President both own 50% of the company so they are in a dead-lock right now. It seems Mr. Naruszewicz has taken higher ground by sending Mr. Medina a letter of termination.Chihuahua