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

POMPANO BEACH, Fla.–(BUSINESS WIRE)–Today’s Growth Consultant, Inc. (d/b/a the Income Store) bought and constructed income-generating web sites for buyers in alternate for investments starting from $50k to $500k. Beginning in 2009, the Income Store earned a spot on the Inc 5000 listing for development in 6 out of 7 years. While producing working revenues, the earnings weren’t substantial sufficient for the buyers to be repaid as promised. The outcome was that older buyers have been being paid with funds derived from new buyers. The SEC subsequently introduced motion in opposition to the corporate and the corporate’s property have been positioned in a Receivership.

The remaining property of the corporate embody 3000+ domains, which additionally embody 200+ income producing web sites, affiliate internet 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 property 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 authorized, events will be supplied “information room” entry which is able to home the whole listing of domains, web sites, in addition to different monetary and mental property data included within the public sale sale. Any occasion 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 until the bidder is the successful bidder. Additional data can be discovered at http://www.incomestorereceivership.com/.

About RightOfTheDot, LLC

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 property 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 property, 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.

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