Reverse domain name hijacking
I registered ''BlogMama.com'' on 2 FEB 2004. This is a dictionary name. The domain remained undeveloped until ca. 29 DEC 2005. On that date, I placed a 2-page ''for sale'' website online, under this domain. The website was targeted toward the Internet population in general and no one party in particular. On 7 JAN 2006 I received an inquiry from Paradigm Entertainment Group, Inc. asking price and availability of the domain. On 10 JAN 2006 I replied with details: initial price is $47,500 and is available ASAP. (This price is based on domain ''comps'' sales; e.g. MyBlog.com sold for $400,000; Blogster.com was $100,000; VideoBlog.com went for $21,000; MobileBlog.com sold at $10,120; and Blog.ca went for $20,201.) On 13 FEB 2006 Paradigm replied stating they held a federal trademark for the domain (ser. 78789101 filed 11 JAN 2006), that I was bound by law to notify future buyers of this fact, and that their offer price is $50 to buy. I have not responded back. Are my rights in jeopardy? Can I still sell this domain? Or develop it into a website? What can I do to ensure they don't hijack it from me?