For Immediate Release 26 February 2013 Top Level Domain Holdings Limited ("TLDH" or the "Company" or the "Group") gTLD auction funding The Board of Top Level Domain Holdings Limited (AIM:TLDH) announces that the Company has agreed a funding facility to support its participation in a prospective auction in relation to a specific contested gTLD application. The conditional funding will be provided solely in exchange for a perpetual share in the gross revenue generated by the gTLD string so funded ("Auction gTLD") should the Company be successful in the auction. Under the funding agreement, TLDH has the right to call up to US$10m, to be used exclusively to acquire from ICANN the right for the Company to own and operate the Auction gTLD. The funding provider has the right to increase its funding by up to a further US$5m. The funding provider's participation will be limited to a share of the gross revenues from the future operation of the Auction gTLD. The funding is not repayable other than through the gross revenue share. TLDH will retain sole management rights and responsibilities in the running of the Auction gTLD. I believe these funds will be used to compete for either .blog or .app
nice 40k buys.
Big money been moving in for a while.the sp in the hands of the big boys now.short term could be dragged down a little further.long term strong upward trend.2014 big year for tldh.
RE: Surprise surprise
Spot on mate! Even I thought so. Ready to enjoy the ride then?
As predicted earlier 2 late 40k buys
Dont worry yourself Sat - these levels wont be around for long especially with news just around the corner.
Since I have been following this share it seems a drop in the share price seems to happen a couple of days before RNS. Usually some large buys go through soon after. Quite convenient I guess.
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