That’s the most retarted thing I ever heard. They could probably get away with it had they no competition… but domain name registration and webhosting companies are very saturated markets. Those deadbeats deserve declaring Chapter 11.
I used to use register.com a long time ago … throughout their
history they pulled all kinds of sneaky stunts to milk you out
of money or full use of your registration … pulled all my domains
from them because of it.