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 traders in alternate 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 have been being paid with funds derived from new traders. The SEC subsequently introduced motion in opposition to the corporate and the corporate’s belongings have been positioned in a Receivership.

The remaining belongings of the corporate embrace 3000+ domains, which additionally embrace 200+ income producing web sites, internet affiliate marketing accounts, logos, workplace furnishings, and computer systems. The Income Store’s monetary information 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 authorized, events will be offered “information room” entry which can 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 really like to take part as a bidder within the public sale will be required to present a $50,000 deposit, which can 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 belongings and NFT auctions, gross sales, brokerage in new and current Top Level Domains and digital actual property. RightOfTheDot additionally focuses on Contention Resolution Services involving identical or related digital belongings, board advisement, premium area market positioning, gross sales and companies. 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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