* * * INCOME STORE AUCTION CONTINUES! * * * REMAINING ASSETS BEING SOLD AS INDIVIDUAL LOTS
The Income Store purchased and built income-generating websites for investors in exchange for investments ranging from $50k to $500k. Beginning in 2009, The Income Store earned a place on the Inc 5000 list for growth in 6 out of 7 years.
Both domains names and in some cases entire websites are being offered with over 2500 lots available!
RE: SEC v. Today’s Growth Consultant, Inc (dba “The Income Store”) and Kenneth D. Courtright, III, Civil Action No. 1:19-CV-08454 – Notice of Sale of Receivership Assets
Date: May 13, 2021
On May 7, 2021, the United States District Court in the SEC Enforcement Action involving Today’s Growth Consultant, Inc. (d/b/a The Income Store) (“TGC”) entered an Order granting the Receiver’s Motion to Approve Sale of Estate Assets.
The Receiver’s Motion to Approve Sale of Estate Assets and the Court’s Order granting that Motion (and the Order modifying that Order to change the sale date and notice period) are available for review on the Receivership website:
www.IncomeStoreReceivership.com.
Pursuant to the Court’s Order, the Receiver is authorized to liquidate the Assets of the Receivership Estate via online auction sale to be held on June 10, 2021. The primary asset of the Receivership Estate is a domain portfolio made up of more than 3,000 website domains. The assets also include trademarks, affiliate marketing accounts with Amazon, Walmart, and AdSense, etc., as well as electronics and office furnishings (collectively with the domain portfolio, the “Assets”).
The Receiver has received Court approval to (i) retain the services of Right of the Dot, LLC, a company that offers domain brokerage and auction sale services, to conduct an online auction sale of the Assets, and (ii) sell the Assets to the winning bidder of the auction sale. Right of the Dot, LLC will assist the Receiver in soliciting bids from potential buyers.
The auction sale will be advertised to potential buyers. Right of the Dot, LLC will provide sufficient information for potential bidders to conduct due diligence regarding the Assets and will establish a website for the auction sale that will host information and documentation regarding the Assets. Potential bidders may visit this website to learn about and conduct due diligence on the Assets. Right of the Dot, LLC will solicit bids from potential buyers who demonstrate their willingness and ability to bid on the Assets. If a potential bidder demonstrates that it is ready, willing, and able to submit a bid for the Assets at or above the Starting Bid Price by executing a non-affiliation declaration, entering into a non-disclosure agreement regarding the Assets, and posting an earnest deposit of fifty thousand dollars ($10,000.00), such potential bidder will be considered a Qualified Bidder. If Right of the Dot, LLC receives a bid from at least one Qualified Bidder, an online auction sale of the Assets as one combined lot will be held on July 28, 2021.
The Notice to Investors and Other Interested Parties of Auction Sale of Receivership Assets, a brief summary of the Auction Sale and description of the Assets, as well as a list of the Assets of the Receivership Estate that will be sold at the auction on July 28, 2021 are available to download at the following links:
