Remark Holdings
www.remarkmedia.com
Listed on NASDAQ. Market cap in 2018 was as low as $50M and as high as $350M. NO P/E so not profitable? In 2019 it is at $2/share, $80M market cap. Crazy thing is when it IPOed or whatever in 2007, it kept dropping, but it dropped from $62/share in Dec 2017 to $40-50 in March/April 2008 to $30 in August 2008 to $3 in December 2018 to $2 by mid 2009. So for that first year, it was sometimes a billion dollar company! Their revenue and losses are tiny for the former and huge for the latter. They might not even be doing $10M/year in revenue right now.
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They dont mention vegas.com, but they bought it in 2015 according to wiki for $15M cash plus tens of millions in stocks!
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Also bought out banks.com, irs.com, maybe filelater.com. Banks.com was a public company until 2011 with Intersearch Group. So the most complete list of assets (most not shown on this site): Bikini.com, Banks.com, US Tax Center at IRS.com, FileLater, TaxExtension.com, MyStockFund, BoWenWang and ComoTudoFunciona. The Company is headquartered in Las Vegas, with operations in Beijing, China and Sao Paulo, Brazil....entertainment through SlapTV.com and travel through the mobile hotel-booking application Roomlia."
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"For irs.com, also known as USTaxCenter, this could be the end of a long story. In September 2005, Intersearch paid $12.9 million for the domain name and immediately attracted attention from lawmakers wanting to clamp down on domains that were similar to official government agencies. The domain was eventually acquired by Remark Holdings, the Las Vegas company that also runs banks.com (VI 0.01) bikini.com (VI 0.16) sharecare.com (VI 1.926) and vegas.com (VI 10.29) along with Kankan, a social media and AI operation."
#inspirational #empires #networks #pub
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