Earthstation 5, the peer-to-peer software developer that declared war on the entertainment industry and told them to “fuck off,” officially announced that they’ve hired Sex.com’s former owner Stephen Michael Cohen as a consultant. The Economist originally broke the story in the U.S., after first being discovered by German technology magazine c’t.
Cohen is a good fit for the controversial company, having built a small empire on shady business practices and evading the law. In their background story of the Sex.com domain dispute, Salon.com summed him up as a “a convicted felon with a penchant for offshore investing, porn and Internet empire-building.” After being handed a $65 million judgement in the case, he fled to Mexico to avoid paying up. Sounds like a perfect match, no?
I’ve included the entire message from ES5 president Ras Kabir below, which was found on their community message boards.
Please Take Notice
Posted by Ras, Jan 3 2004, 06:33 PM
Let me make something very clear. We offered Mr. Cohen an executive job with our company. He initially turned us down, however after several telephone calls, he finally gave in and agreed to help us in the capacity of a consultant. We now have Mr. Cohen permission to disclose his indentity.
I have read some of the transcripts in the sex.com case presented to us by Mr. Cohen’s attorney. Further, I have read everything that the current owner of Sex.com (Mr. Kremen) has published on his web site.
What I can tell you is Mr. Cohen has a judgment against him for over 80 million dollars including interest and attorney fees. The original judgment against him was for 65 million dollars and that judgment was a CIVIL Judgment, not a CRIMINAL CASE..
What I have not seen in the press to my surprise is Mr. Kremen’s deposition where he stated he had no interest in Sex.com. It seems that these issues are now coming to light in Mr. Kremen’s case with Network Solutions.
My research staff has informed me that when Mr. Cohen had Sex.com it was making in the upper hundred’s of millions of dollars annually and today under the current management (of Mr. Kremen) it is almost worthless with very few hits and almost no advertisers. That says a lot about Mr. Cohen’s skills and that is worth a lot to our company.
According to the court records, Mr. Cohen was NEVER involved in Spamming. All of the money made by SEX.COM was made through memberships and advertisement.
According to our research, between the years 1995-2000, Sex.com had several million adult customers (monthly) paying up to $4 per minute to view Sex.Com website content making it the most lucrative online website in the world. In addition, Sex.com had mass income from banner advertisement, online sex feeds, and other content.
I have read the notices that were filed with SPAMHAUS and others. Each of these notices talk about an ISP known as Sand Man Internacional that listed Mr. Cohen’s as the administrator. However, in one of the depositions on file at the SEX.COM site, it clearly states that Mr. Cohen was not running that ISP at the time.
Needless to say, Mr. Cohen is no saint by any means and yes he does have a criminal record for bankruptcy fraud while representing a client. Most people on this earth I find are staintless. I have a rule; if you born on this planet and you have a birth certificate, you are aren’t a saint either.
It is well known in the press and even Mr. Kremen admits that Mr. Cohen is worth more than 100 million dollars today, and that he has received no funds from his judgment by Mr. Cohen.
We take security of our employees, partners and the ones that help us very seriously. There are many people in Palestine that do not like the fact that we have a Jewish partner and this has caused us some serious problems here in Palestine. Mr. Cohen is not a partner of our company even though we did in the past offer him a partnership of which he turned down.
Of top of that as the press will tell you, Mr. Cohen has several homes located in the South of France and Mexico, a private jet and is the part owner of numerous casinos and several businesses throughout Europe.
Mr. Cohen of course states he has no money and is currently living on welfare in Mexico.
Whatever the case may be, he doesn’t need us; WE NEED HIM because regardless of the Sex.com issue, he is recognized worldwide as the creator of the largest and most lucrative internet site in the world.
Ras Kabir
President of Earthstationv Ltd.
A Palestinian Corporation