The site owner has put options on IMergent, the publicly-traded company behind StoresOnline. A decrease in the IMergent stock price could benefit the site owner.
From StoresOnlineExposed
On May 25, 2007 the Utah Division of Consumer Protection ("Division") issued an Order of Adjudication in the matter of iMergent, Inc. and StoresOnline, Inc ("Respondents"). The Order states that the Respondents violated the Utah state code by not filing the proper information with the Division before commencing business as sellers of assisted marketing plans. The Respondents were assessed and ordered to pay an administrative fine of $2,500.00. The Respondents were further ordered to cease and desist from doing business in Utah until they have filed with the Division and have received proof of such filing from the Division. Pursuant to the terms of the agreement between the parties, the Division's Order of Adjudication is stayed pending the Respondents' exhaustion of administrative remedies and judicial review of the Division's Order.
