joined:July 26, 2006
I bought a domain name on a whim 20 years ago and never did much with it until about 15 years ago when my life partner decided to open a business. In his business (without giving specifics) he sells all types of items include "Acme XYZ" products. Realizing that I owned that domain I made a small landing page with a small description and a picture of ACME XYZ's products and a link that says "buy here" The domain name is 7 letters long.
Now the domain has been registered for 20 years, no adwords, no advertising on it so it's a clean site except for the link to my partners website. He probably makes 1k in sales possibly because of that link and he also has to take all sorts of tech support calls, which he answers and any warranty calls he gives them ACME XYZs phone number.
We got a call yesterday from ACME XYZ stating that they wanted the domain. One of the guys on the phone was a bit of a tool and made claims that they owned the name. So I looked it up and they have no trademark, they tried about 15yrs ago but were never granted a trademark. I should also state that their company is in a different state than we are.
There were a total of 3 men on the phone claiming to be partners in ACME XYZ, but after researching them and their names one of them is from a MUCH larger company. This other company (not a subsidiary or anything related) owns a variation of the domain name lets call it xx-xxxxx.com
Feeling sure that they would huff and puff and file some ridiculous lawsuit I offered to sell them the domain and for them to present me with an offer. So they did $400 I about laughed. I've had this domain registered and hosted for 20 years in a good neighborhood, that wouldn't even cover my costs much less the potential loss of sales from having it link to my partners site.
I'm wondering if they have any legal standing, they have no trademark, the site has never been for sale ever and they are in a different state than us.
What would be a reasonable offering for this site to them... I have no clue, but $400 is not going to get it.
Thanks in advance.