So their $3 account is a subdomain of their main hosting account?
Are you affiliated with Falcon Hosting yourself?
A web hosting company without a real website doesn't look all the promising to me. Having a notice saying "this is a temporary website until our custom site is finished" doesn't instill much confidence -
http://falcon-hosting.net/index-1.html
Also, the domain was only registered on 2/28/2010 - so you've been using them for 10 days, meaning you started on day 1?
So Steven, tell us - are you the operator of the hosting company?