DoctorTalk.com Website to Be Sold by IRS and IpAuctions, Inc.

September 15, 2008; 09:42 AM

RENO, Nev.--(BUSINESS WIRE)--IpAuctions, Inc. and the U.S. Internal Revenue Service will jointly market the website and domain name for www.DoctorTalk.com, an E-Commerce site offering a broad range of vitamin products for sale plus “LIVE” medical consultation both on the internet. The “live” medical consultation is provided by a physician on the site. The “pay for advice” doctor covers several popular areas for therapy. These include, but not limited to, pain management, popular vitamin usage, the nervous system, and immune system functions. The site is suited for an experienced medical professional and has produced a viable dual revenue stream from both commerce activities when it was seized by the IRS. The site is currently operational for viewing. This IRS auction is scheduled for October 15, 2008.

IpAuctions, Inc. is providing appraisal and marketing services for the IRS. The live auction will be held by the IRS at their offices in Oklahoma City, Okla. Details of the sale including bid forms, wire transfer instructions, an appraisal and payment terms are all available and may be found on their website at www.ustreas.gov/auctions/irs/ocok_inte_3148.htm. Details of the sale may also be found online at www.ipauctions.com, as well.

In another sale, the valuable NetBank.com domain names and trademarks of the former NetBank of Jacksonville, Fla., will be offered by IpAuctions, Inc. in October as part of a Chapter 11 disposal. Many of these domains are being sold for the first time, since NetBank was founded in 1996 at the peak of the Internet surge. The bank had over $4.8 billion in deposits with over 285,000 customers in 2005 prior to its 2007 bankruptcy. NetBank, Inc. had a history of lawsuits challenging their use of their early service mark, NetBank®. In June 2001, a New Jersey banking institution, Interstate NetBank, filed a suit against NetBank and NetBank filed a counter claim for trademark infringement. The District Court of New Jersey ruled “NETBANK” is generic for online banking services delivered over the internet.

IpAuctions® Inc. is the leading online auction firm specializing in the sale of intellectual property assets. The firm has a proprietary database of more than 7,500 corporate and private buyers, IP attorneys and venture capitalists, who wish to invest in IP assets. IpAuctions, Inc. is a member of the National Auctioneers Association and the ABI. The company is based in Reno, Nev.

For more information, please email: [email protected] or contact: Davel Foote, IpAuctions, Inc. 348 Mill St. Reno, NV 89501 or call: 866-826-1300.

Contacts:

IpAuctions, Inc., Reno
Davel Foote, 866-826-1300
[email protected]

Source: www.businesswire.com