The iShop project began in 1999. The company started with Mr. Knight and one seed investor and went on to hire 89 employees, contract 1.8 million products, raise millions of dollars and file for a $50 mil. IPO, all within approximately one year of its formation.

In that span of time, the company's business-to-business division signed a contract estimated at $ 100 mil. in bidding volume with Festo Corporation a billion dollar manufacturing company and performed approximatly $24 to $ 35 mil. of the procurement bidding for its client.

After the crash of internet company stocks, the company did not pursue it's IPO and with most internet companies going bankrupt or closing their doors, much of its comptition was out, yet iShop was debt free and today www.ishopnomarkup.net offers 6.5 mil. products at reduced prices including books, movies and music.

The company is currently contemplating continuing its IPO or staying private with over 350 investors that are equity-holders and expand through mergers and acquistions.