Thursday, 21 October 2010 Inc: a potential goldmine... or maybe not

Oh man. is being sued by an investor for not being profitable enough.

James Solakian, a shareholder of Inc sued the company's board members, accusing the ordained ministers of failing to profit from the potential windfall. It seems that the directors refused to sell the domain for the 100 million dollars that they could make from the sale. He says they mismanaged the site and that there was alot of profit potential.

So let me get this straight. This guy invested in a religious website and is angry because it is not profiting as it should. Has he thought about reading the bible. Maybe if he did, he might read a few things about greed.

God enlighten him.

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