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Can you say $5000 a day for nothing? |
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Thursday, 19 April 2007 |
As every day passes, one has to wonder how Registerfly is still open for business and why? Well, thanks to an insider that works closely with Kevin, we were able to squeeze a little information from this source as to just how much money Kevin is continuing to milk out of Registerfly customers that have no idea as to what's going on with the company.
Everyday someone still visits registerfly. While we don't know the exact traffic, and insider working at the Florida location has reported some interesting information about how much money Registerfly is still taking in. It's been reported to us that Registerfly is pulling in between $5000 - $15,000 us dollars on any given day and not rendering services paid for. On the 16th of this month our sources told us that over $5200 was received by Kevin Medina and Registerfly by way of Paypal alone. While Humboldt may have shut down Registerfly's credit card merchant account, Paypal and MoneyBookers are still accepting funds through the Registerfly interface.
It was further reported by this source that there have been deposits over $1000 and some customers have made multiple deposits and keep making deposits into their account which actually reflects a balance in the interface but the money is not really there.
As we communicated with this insider, he updated us on some of the things that Kevin Medina was up to which included the prolonging of the ICANN situation as well as Kevin reporting that his car was stolen on April 2nd in New York City. While we don't know if this insider is completely legitimate, it seems as though they knew enough about Registerfly's business to give exact numbers on daily transactions completed through the Registerfly system.
Our insider also wanted everyone to know that the vps hosting was supported by SWsoft.com as of recent but Kevin refused to pay the $3000+ overdue invoice and SWsoft.com finally shut them down so now vps hosting is no longer alive. He also reported that Kevin owes both Tucows and Melbourne IT thousands of dollars in which he refuses to pay as this sinking ship continues to rake in thousands of dollars a day. The source says that Kevin is also parking domains and making money from Registerfly customers domain names and is working with CogitGroup.com to monitize the domain names owned by Registerfly that were lost by Registerfly customers and collecting ppc revenue from that as well.
While the above information is said to be true, it cannot be verified so understand that it should only be used for entertainment purposes only. This source identified himself as Robert but did not want to give us any more details. He did however say that he was going to post in the forums some information that may be of help for the customers so we look forward to see his posts soon. Thank you Robert or whomever you are.
This is unbelievable. We have a company that is continuing to collect money from people on a daily basis and they are still in business... or at least still have Paypal collecting money from them. On April 18, 2007 I personally called PayPal and they refused to discuss this but did say that they would look into the matter and put a stop to it. As of today, our source says the payments haven't stopped coming in.
With all that going on, it's hard to say how or why. While there are many of us that frequent this website for updates, there are many more that do not have a clue. Something has got to be done! If someone shoplifts they are arrested and it's taken very seriously, yet a website such as Registerfly can operate and be open for business literally stealing thousands of dollars a day from their customers.... it's no wonder why Kevin is prolonging this.
Hopefully ICANN will be able to get this data quickly and get these names moved out. As for Registerfly still in business, the Feds need to look into this and take action immediately... maybe they are building a case. Let's see what happens next...
Attention Kevin Medina:Please end this nonsense. You are hurting people for the benefit of yourself and your closest friends are beginning to see this and those who you think you can trust are turning against you. All any of these people want is what is rightfully theirs, now please just turn over the information to ICANN and close your site down. Move to Belize, just let go of what's not yours and allow these people to get on with their lives.
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