In April and May 2007 we wrote about the financial troubles of former registrar RegisterFly. We detailed some of the woes those who had registered domains with RegisterFly, paid for renewals which didn't take place and registration owners who attempted to transfer their domains only to find them locked. Requests to unlock domains went unanswered for months and months and months. Some lost their domains through the slow procedure to remove RegisterFly as a registrar.

Now comes a rumor that another registrar is having financial troubles. Naming the registrar seems to ensure future financial troubles since many holding domain name registrations with the registrar are sure to flee just in case the rumors are true.

Yet not naming the registrar and warning their customers means that if the rumor is true, these holders of domain name registrations may lose them.

There's a grave danger in giving too much credence to rumors since competitors can start rumors to get rid of their competition.

So for now we have decided not to mention the Registrar. We cannot find any legitimate news source that confirms the rumor. The rumor appears to have grown from a discussion thread and no resources for verification were provided.