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https://domainincite.com/28817-mystery-buyer-rescues-epik-at-end-of-crazy-week?utm_source=rss&utm_medium=rss&utm_campaign=mystery-buyer-rescues-epik-at-end-of-crazy-week
But the new LLC was created by a company called Registered Agents Inc, and the acquisition deal signed by its president, Jon Spear. Registered Agents is a company that enables people to set up shell companies pretty much anonymously, and is often used by “[o]ligarchs, criminals and online scammers”, according to the Washington Post. This is exactly the kind of association Epik does not need right now. Making the new owners look even worse, an anonymous individual claiming to be a representative of the new Epik introduced himself or herself on the domainers forum Namepros at the weekend in probably the dumbest way imaginable if the company wants to claw back any credibility at all among what was once a core customer base.
https://www.namepros.com/threads/the-fund-cant-be-withdrawal-from-epik-com-via-masterbucks-wallet.1284050/page-299#post-8933371
I haven’t even read the replies yet but damn, Epik really needs a PR firm.
The posts includes this text:
”All aftermarket options were removed from epik.com today. As all of you have documented and somehow had the time to write up 299 pages about this rehashing the same thing 80 different ways, we need to focus on domains getting registered, renewed, and maintained. Support requests answered. And building the trust back of the core functions of a registrar: maintaining your trusted assets.”
Ciricizing the people who might be scared to lose important domains.. surely a good move trying to win back confidence
https://web.archive.org/web/20230504002422/https://twitter.com/EpikDotCom/
Looks like Epik deleted some tweets where, out of the blue, they went on a several day spree of announcing blame of all issues to Rob Monster.
Deleted Tweets:
INTERNET DOES NOT FORGET
🤠✊🏻🤠✊🏻🤠✊🏻
the end is... emgh
Archive Everything
was actively archiving what Epik been posting on shitter, you should be able to get decent archives from web.archive.org and archive.today
Wish archive.today was FOSS so I could host my own.
Try ArchiveBox (https://github.com/ArchiveBox/ArchiveBox).
You'll find those still online at their second twitter account: https://twitter.com/beepik
https://www.epik.com/about/pressreleases/epik-llc-completes-transfer-of-epik.com-from-epik-holdings-inc
So now I am truly confused, is Terrahost now 'owned' by Kindgom Ventrues aka Kingdom Companies aka Epik Holdings, or was "transferred" to Epik LLC?... or is it, as some imply, to be its own independent and totally disconnected legal and finical entity to which has no possible impact/effect from this whole ordeal?
There’s no way ICANN approved the sale anyway. They basically make you go through the whole process of starting fresh, just you take over domains in the process.
They aren’t knocking this out in a couple days.
Francisco
Epik LLC will focus on the core features of Epik.com’s domain management platform and help solve web problems for Epik clients.
Epik Holdings Inc will change it’s name to Kingdom Ventures and develop Masterbucks, Amplify, Bitmitigate, and other services. Rob Monster will return as CEO and majority shareholder of Epik Holdings Inc. (now Kingdom Ventures)
https://onlinedomain.com/2023/06/09/domain-name-news/epik-llc-completes-transfer-of-epik-com-from-epik-holdings-inc/
seems Terrahost has landed with Epik Holdings/Kingdom Ventures because this is where the other Epik's non-domain businesses settled down, like Bitmitigate (their CDN Hosting, DDoS brand)
Update: the site https://www.kingdomventures.com/ confirms that Terrahost is now with Kingdom Ventures.
...and not forgive!
"resilient infrastructure for digital empowerment with an initial emphasis on empowering the emerging parallel economy"
so is Epik LLC connected to Kingdom Ventures?
Why would they shill Terrahost which appears to be a property of Kingdom Ventures and not theirs?
ICANN is addressing the issue on their blog which is quite unusual:
https://www.icann.org/en/blogs/details/icann-support-for-registrants-impacted-by-epik-inc-09-06-2023-en
“ ICANN org is also aware of the recent sale of Epik. Any change of control or ownership of Epik and/or a request to assign the registrar's current RAA to another entity must comply with the terms and requirements of Section 7.3 of the RAA and ICANN's procedures, which include review and approval by ICANN. ICANN org has an established process and extensive experience conducting these types of reviews and performing heightened due diligence appropriate for these circumstances.”
I’m not even sure how it works to be contractually obligated and on the hook for a lot of debt with a foreign asset, but, with all of the debt Epik has I’m not sure how that deal could possibly officially go through.
ok.
now release path article.
Thank you for posting this. This train wreck just keeps tumbling over the cliff in slow motion...
@SirFoxy each word you write here is a word the Path article gets delayed. Log off. Publish the article. Come back.
We’re excited for this one.
Agreed.
Love the excitement but it is entirely out of my hands. It’s been completed a week ❤️ soon, though.
Who do we shout at? Biloh?
Interesting emails Royce has been allegedly sending to people to who they owe money;
They appear to offer 5% of initial owed amount.
Sourced from namepros, many people appear to have received them.
another one, literally the same thing
No one in particular… however, most sites would not be willing to publish something like this article, @jbiloh and LEB are, but it needs to be done right way.
It’s ready to go. It’ll be out soon, promise.
I can publish it on mine, shit SEO, but I wont take anything down from Path clowns.
But yeah, waiting patiently, I hope it will be as good as I expect it to be.
I want Path gone.
can you (or anyone here) explain what's the Path's drama in TL;DR please? I'm totally unaware about this!