Our collection of businesses is home to a portfolio of valuable domain licenses that are held as long-term investments for resale or designed to generate cash in the form of domain parking.  This particular activity requires virtually no capital, meaning that all of the cash flows generated can be redeployed into supporting either online marketing expenses for our other companies or to expand our capital management division.

In some cases, we age domains and then launch new e-commerce businesses once they’ve been seasoned.  As of the third quarter 2009, we have approximately twelve ready-to-go domains that could be developed in as little as one month into full-scale e-commerce businesses the moment management makes the decision to support the capital necessary to launch the new operations.