$ABOT GONNA BE OVER 1.00 SOON LIFECHANGER NEWS OUT ACQUIRED MASSIVE DOMAIN NAME:
Pasadena, California, June 24, 2015 (GLOBE NEWSWIRE) -- ABT Mining Co. (OTC Pink: ABOT, the “Company”) today announced that the Company has completed the acquisition of the premium domain name “Autoclaim.com” in continuation with its newly acquired “AutoClaim” Mobile App (the “App”), an advanced “Proprietary” real time Mobile Claims Documentation and Management System.
Based on precedent transactions, premium insurance domain names have been sold at an increased valuation with higher premium paid by the acquiring companies. Some of the relevant transactions in this space include the purchase price for Insurance.com at $35.6 million in 2010, Insure.com at $16.0 million and Internet.com at $18.0 million in 2009.
