Assets of The Income Store to be Auctioned by RightOfTheDot, LLC | Business

POMPANO BEACH, Fla.–(BUSINESS WIRE)–May 26, 2021–Today’s Growth Consultant, Inc. (d/b/a the Income Store) bought and constructed income-generating web sites for traders in change for investments starting from $50k to $500k. Beginning in 2009, the Income Store earned a spot on the Inc 5000 listing for progress in 6 out of 7 years. While producing working revenues, the earnings weren’t substantial sufficient for the traders to be repaid as promised. The end result was that older traders had been being paid with funds derived from new traders. The SEC subsequently introduced motion towards the corporate and the corporate’s belongings had been positioned in a Receivership.World Champion Auctioneer Wayne Wheat and RightOfTheDot CEO Monte Cahn conducting a reside public sale. (Photo: Business Wire)The remaining belongings of the corporate embody 3000+ domains, which additionally embody 200+ income producing web sites, online marketing accounts, emblems, workplace furnishings, and computer systems. The Income Store’s monetary data from 2020 (whereas the Receiver was working the corporate) point out that the web sites generated annual income in extra of $1,200,000. These web sites and the Income Store’s different belongings will be bought as a single lot in a web-based public sale to happen at https://rotd.hibid.com on June 10, 2021, at 1:00 PM EDT. Minimum opening bid will be $2,500,000.Interested events will be required to signal a non-disclosure and non-affiliation settlement to take part. Once accredited, events will be supplied “information room” entry which is able to home the entire listing of domains, web sites, in addition to different monetary and mental property info included within the public sale sale. Any get together who would love to take part as a bidder within the public sale will be required to present a $50,000 deposit, which is able to be held in escrow till the public sale and refunded except the bidder is the successful bidder. Additional info can be discovered at http://www.incomestorereceivership.com/.Led by Domain Industry Pioneer Monte Cahn, RightOfTheDot is an accredited and licensed enterprise & digital asset public sale firm, Internet consulting and advisement agency specializing in premium domains, digital belongings and NFT auctions, gross sales, brokerage in new and present Top Level Domains and digital actual property. RightOfTheDot additionally makes a speciality of Contention Resolution Services involving identical or comparable digital belongings, board advisement, premium area market positioning, gross sales and providers. Monte was Founder and former CEO of Moniker.com, former President of SnapNames.com and former Sr. VP of DomainSponsor.com. Monte Cahn and RightOfTheDot have been concerned in additional than 1000 reside and on-line auctions and $560 MM in domains, digital actual property, and asset gross sales since 1995.KEYWORD: FLORIDA UNITED STATES NORTH AMERICAINDUSTRY KEYWORD: TECHNOLOGY CONSULTING INTERNET PROFESSIONAL SERVICESSOURCE: RightOfTheDot, LLCCopyright Business Wire 2021.PUB: 05/26/2021 02:05 PM/DISC: 05/26/2021 02:05 PM

Copyright Business Wire 2021.

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