Zoom.com Sells For $345,000 of Stock - According to a press release tonight, a public company, Zoom Telephonics, Inc. (ZMTP) , announced that it has sold the domain name Zoom.com to another public company Zoom Technologies, Inc. (ZOOM).
Also included in the sale are “certain trademark rights”.
The Seller gets 80,000 shares of Zoom Technologies common stock which closed at $4.27 a share yesterday, making the selling price of Zoom.com $344,800.
However the stock received for the domain will be restricted as detailed below,
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