Friday, October 22, 2010

Sex in SVG

A news item:


CaribWorldNews, NEW YORK, NY, Fri. Oct. 22, 2010: Sex can cost, and a lot - as a St. Vincent and the Grenadines-based company discovered this week.

The SVG-based company Clover Holdings bought the hot domain, Sex.com for $13m (£8.2m), according to BBC News. As many as 12 different companies had reportedly been bidding for control of the domain, which was put up for auction back in July after owners Escom LLC went bankrupt.

But Clover Holdings placed the winning bid, and will become the proud owner of the highly sought-after domain once the sale is approved by a bankruptcy court.

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Which is interesting just as it stands, but it raises some local questions. Who is "Clover Holdings" and, if it is a Vincentian organization, what is it doing on St. Vincent that is worth $13millionUSD? Is there 13millionUSD worth of sex happening on St. Vincent? How is 13millionUSD worth of commercial sex marketed on St. Vincent at the rate of 130USD per person, including prepubescents? It certainly is curious.

Anybody who knows anything about Clover Holdings should feel free to email karl@karleklund.net