Domains are available individually in last-ditch effort to repay some of the money lost. The final effort to liquidate domains related to the failed The Income Store business is proving somewhat fruitful. Over 2,500 websites and domain names are ... Continue Reading9 Comments
The Income Store’s intangible assets are a tough sell
· Domain SalesSecond auction only finds buyers for physical assets. Nobody wants The Income Store's assets — at least at the prices asked. The SEC alleges that The Income Store was a Ponzi scheme. The business developed revenue-generating sites for investors, ... Continue Reading2 Comments
More than 60 parties inquire about The Income Store assets
· Domain SalesDomain name and website auction delayed to give bidders more time to evaluate assets. More than 60 parties have expressed interest in acquiring the assets of the defunct business The Income Store, a court filing (pdf) reveals. The SEC alleges ... Continue ReadingLeave a Comment
RightOfTheDot to auction defunct The Income Store assets
· Domain SalesDomain broker tapped to liquidate remaining assets associated with ponzi scheme. Monte Cahn's RightOfTheDot will auction the remaining assets of Today’s Growth Consultant, Inc. (d/b/a the Income Store) in an auction taking place June 10. The ... Continue Reading6 Comments