By Dr. Tag Powell
For_Immediate_Release:
This information affects your future on the Internet.
There is a secret war going on over the rights to your Domain Name. Your Domain Name rights are currently being ripped off by the major Domain Name registration giants. This rip-off is affecting your Domain rights NOW!
Your Domain Name can become a casualty of the Domain Name Registrar's Renewal War. Reading this article and understanding your Domain Name rights can prevent you from losing your Domain Name altogether, and can at least save you about 50% on your Domain Name renewal.
This is real and it is scary. As to not mislead you, I am Tag Powell, CEO of DomainNameVault.com, and I have been drafted into this battle against my will. DomainNameVault.com and our service Renew-Your-Domain-Name.com is on one side of this war. We do have a vested interest in this battle's outcome.
First, let me give you the short background story to get you up to speed.
Until a couple of years ago ALL Domain Names had been registered and managed by one company, Network Solutions. Network Solutions made billions of dollars on this market for years. All .COM, .ORG, .NET Domains were held in one master database exclusively under their control. They, as a monopoly, could charge anything they desired. Originally they charged $50.00 per year (two year minimum). Then after registering millions of Domains and fielding massive complaints of over-charging, they graciously reduced the fee to $35.00 per year (two year minimum).
For the first few years, Network Solutions did a good job, but as the Internet mushroomed the database problems grew. Hackers entered the database and caused problems. Domain ownership's were illegally changed. Other Domain Names were rerouted to open to other companies. Domain Name security became a joke. Trying to get through to Network Solutions was a nightmare, getting email answered took weeks and they were often ignored completely, and getting through by phone took days. We speak from experience as we have been assisting Domain registrations since 1995. We helped Network Solutions register many hundreds of thousands Domain Names.
By the way, it still could take hours today to get a phone answer from Network Solutions.
A couple of years ago ....
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