BizAuctions Sales for First 7 Days in November Exceed $60,000
November 13 2008 - 7:20AM
Business Wire
BizAuctions, Inc. (Pink Sheets:BZCN), a prime provider of
commercial eBay liquidation services for excess inventories
announced today that sales exceeded $60,000 for the first seven (7)
days in November, 2008. Delmar Janovec, CEO comments, �BizAuctions,
a Titanium Powerseller on eBay, through its eBay store name:
BusinessAuctions Inc, sales for the first seven (7) days of
November were approximately $62,000 with total listings of
approximately 1,014 for the period. The sales and the number of
items listed demonstrate management�s and staff�s commitment to
growing the business model and providing our customers with
excellent service as shown by our customer satisfaction rating on
eBay of 99.6 % with over 28,500 feedbacks from our customers.�
�BizAuctions employs two primary business models, whereby it
liquidates inventory through eBay on consignment for a lucrative
commission; and/or it purchases inventory at a fraction of retail
price for the purpose of liquidating it for a profit. BizAuctions
consigns, buys inventory, and liquidates through eBay,� continues
Janovec. BizAuctions� clients have included some of the Nation�s
leading retail names at the forefront of their industries. With a
long-term strategy to provide eBay liquidation services to Fortune
1000 enterprises, BizAuctions is a clear and lucrative solution for
most any business to liquidate excess inventory on eBay. More
information is available at www.BizAuctions.com. Investors and
media can receive a free investor kit for BizAuctions, Inc. by
contacting Investor Relations at investors@BizAuctions.com or
800-961-3275. A virtual tour of BizAuctions� facilities and flash
video presentation can be viewed at
http://www.bizauctions.com/tour.shtml. ABOUT BIZAUCTIONS �
ADDRESSING THE $60 BILLION PROBLEM BizAuctions, Inc. (Pink
Sheets:BZCN) is a prime provider of commercial eBay liquidation
services for excess inventory, overstock items, and returns. Our
clients have included some of the Nation�s leading retail names at
the forefront of their industries. BizAuctions addresses the $60
billion excess inventory problem for clients by sending trucks to
pick up pallets of excess inventory, selling the inventory on eBay,
and collecting payment. We provide our clients with a new sales
channel to generate additional revenue on excess inventory, while
at the same time freeing up their valuable storage and retail
space. The Company encourages the public to read the above
information in conjunction with BizAuctions year-end statement for
December 31, 2007, and the Quarterly statements for 2008.
BizAuctions financial statements can be viewed at
www.PinkSheets.com. The information contained in this press release
may include forward-looking statements. Forward-looking statements
usually contain the words �may,� �could,��possibly,� �hope,�
"estimate," "anticipate," "believe," "expect," or similar
expressions that involve risks and uncertainties. These risks and
uncertainties include the Company's uncertain profitability, need
for significant capital, uncertainty concerning market acceptance
of its services, competition, limited service facilities,
dependence on technological developments and protection of its
intellectual property. The Company's actual results could differ
materially from those discussed herein.
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