It is fake PR. Take a look at the Goolgle cache of the page:
http://64.233.161.104/search?sourcei...Fimlive.net%2F
Read the top, they are just cloaking a redirect to
http://www.cairo.eun.eg/
If you look at the backlinks for both sites, they are identical. Look at the sites and they are linking to
http://www.cairo.eun.eg, not imlive.net. Take a look:
Backlinks for cairo.eun.eg:
http://www.google.com/search?sourcei...Eeun%2 Eeg%2F
Backlinks for imlive.net:
http://www.google.com/search?sourcei...mlive%2Enet%2F
As others mentioned, it is fake PR. With the redirect in place, the site isn't worth the $8 that was paid for it in the search engines. If you want to know how the trick is done, let me know. It's pretty simple and pointless.