• Report: #137725

Complaint Review: Imergent Aka Storesonline

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  • Submitted: Wed, April 06, 2005
  • Updated: Wed, April 06, 2005

  • Reported By:Nextdoor Other
Imergent Aka Storesonline
754 E. Technology Avenue Orem, Utah U.S.A.

Imergent (IIG:Amex) Aka Storesonline Stock Prices Plummeting, Texas AG Goes to Court, Shareholder and Consumer Lawsuits, Register Your Complaints Before It's Too Late, Make Your Voices Count.. Speak Out Now! Orem Utah
Rip-Off Report Investigation: shows that StoresOnline & iMergent is fulfilling its commitment to provide excellent customer service. Rip-off Report gives StoresOnline a POSITIVE rating in customer support and quality assurance. StoresOnline pledges to resolve complaints and address any issues from the past, present and in the future - committed to 100% satisfaction - whatever it takes say company executives.

*Consumer Comment: Finally, some good news! this company is being punished.

*Consumer Comment: I tried the Attorney General's Office

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From the way Imergent's (Amex IIG) numbers look, it appears that this company is undergoing a current, significant decline in stock prices. Since Friday last, they have taken a nose dive equaling approximately 22%.

There has been no news coming out of the mounting Shareholder Class Action Lawsuits at the time of this printing. And, nothing possitive being reported.

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report. In this case the link did not work.

The CEO, Donald Danks has seemingly dummied up, for the time being.

From the latest filings at Imergent's website, there also seems to be nothing but dead silence in updates concerning the State of Texas Attorney General's consumer fraud action being levied against Imergent, Donald Danks et al. A spokesman from the Attorney General's office as of recently has said there have been no settlements agreed upon. And, nothing is on the table. It appears, from this reporter's viewpoint, that this may very well be heading for a hearing in front of the judiciary. So, Mr. Danks' retorts of this being settled in days seem to be yet another smoke screen bent on keeping everyone off balance.

With there being no resolution in either the Shareholder Class Action Lawsuits and the Texas Consumer Fraud Investigation, it would appear to be rather grim for the so called Cash Flow/Software/Business Model. From where I sit, the longer these cases remain in litigations, the better the chances are for rulings against the defendants.

I challenge all of you reading this to act now. Time is of critical importance if you expect any restitution for your losses. If you are a shareholder, get on board with one of the many class action lawsuits. If you are a consumer, contact your State's Attorney General. From the way things currently seem to be, he/she who hesitates is lost. When the final curtain is closed and the lights are turned off for Imergent et al, the chances for recovery becomes almost impossible. Act and impact your own bottom lines! Get justice now!

Silverstar Consumer Advocate Reporter
Nextdoor
U.S.A.

This report was posted on Ripoff Report on 04/06/2005 03:30 AM and is a permanent record located here: http://www.ripoffreport.com/r/Imergent-Aka-Storesonline/Orem-Utah-84097/Imergent-IIGAmex-Aka-Storesonline-Stock-Prices-Plummeting-Texas-AG-Goes-to-Court-Shar-137725. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 Consumer Comment

Finally, some good news! this company is being punished.

AUTHOR: Shemonika - (U.S.A.)

I have read the comments in here for the past few weeks and I am glad that this company is being punished. The state of Illinois will not intervene because Storesonline lied to them about everything, therefore I will have to do this on my own to get my credit restored and this hellish nightmare over fast. I will contact my attorney about this good news. Good luck to everyone to get justice, I will keep everyone posted.
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#2 Consumer Comment

I tried the Attorney General's Office

AUTHOR: Shemonika - (U.S.A.)

I did file a complaint in the Illinois Attorney General's Office, but Storesonline lied about everything I said. Therefore, the state dismissed my case. I retained an attorney for this mattter because I need this nightmare to be over ASAP. It looks like I have solid proof of this company's lies since Texas and the shareholders have filed lawsuits against Storesonline. Finally, I can smell a victory. Everyone please file a FTC complaint so the govenment can investigate.
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