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Saturday, October 25, 2014

MakiNg eBoLa tHe gOLden gOOsE!

7 days ago i posted a piece about people and companies who were making a killing from the Ebola outbreak. It turns out our number two on that list Jon Schultz (owner of various disease domains like 'ebola.com', 'birdflu.com' and 'H1N1.com') did make a killing yesterday after he sold the Ebola.com domain name to a Russian owned company called 'Weed Growth Fund' for over $200,000 approximately 33,400,000 Naira. According to his SEC filing, Mr. Schulz received in cash the sum of $50,000 and 19,192 stocks in a company called Canabis Sativa Inc. a company owned and managed by former New Mexico governor. Jon Schultz who initially bought the ebola.com domain name for $13,500 was initially hoping to sell the domain name to a pharmaceutical company for around $150,000 but went with the Weed Growth Fund company. Any business that nets you 1481% profit has to be good business right??

But would you say this is really good and ethical business? let me know your thoughts in the comment box below.

- @gozzim
sources: Verge, SEC, google images

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