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ROTD Will Run a Unique Domain Liquidation Auction With Bidding to Start at $2.5 Million

Update: By court order this auction has been rescheduled for Wednesday, June 16 at 1pm US Eastern time.

RightOfTheDot (ROTD) will be conducting a a unique online auction on Thursday (June 10, 2021) at 1PM U.S. Eastern Daylight Time - a court ordered liquidation of The Income Store. Over 3,000 domain names (including more than 200 revenue generating websites), intellectual property, computers and office equipment will be offered as a single lot with bidding to start at $2,500,000.

The Income Store was a business that purchased and built revenue-generating websites for investors. The company made the Inc Magazine Top 5000 in 6 out of 7 years before the roof caved in on them. They were charged with paying older investors with funds derived from new investors, a tactic that caught the attention of the U.S. Securities and Exchange Commission (SEC) who then forced the company into receivership.


Interested parties will be required to sign a non-disclosure and non-affiliation agreement to participate in the auction. Bidders will also have to make a $50,000 deposit that will be held in escrow and refunded unless the bidder is the winning bidder. Once approved, bidders will be given access to the complete list of domain names, websites and other financial and intellectual property information included in the auction sale. Additional information can be found at http://www.incomestorereceivership.com/

(Posted June 8, 2021)  


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