OK, I have a website [hosted elsewhere] that for unfortunate legal reasons needs to be shutdown. But I CAN redirect all traffic from that site to my new one [hosted here].

I saw in control panel that the process is fairly straightforward, however I have some specific questions:

1. Do BOTH sites need to be hosted by Glowhost? If so, what steps do I need to do in order to get my old domain hosted here?

2. We NEED a redirect splash screen to tell visitors wtf is happening, then have the new site open in its own full window [after say, 5 secs]. Is this a simple process?

Thanks in advance for any help.

Old site: http://www.winterxbike.com
New site: http://www.hansonbikes.com

Ski-mx Kenny