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CGRW Cannagrow Holdings Inc (PK)

0.0245
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cannagrow Holdings Inc (PK) USOTC:CGRW OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0245 0.0201 0.0249 0.00 01:00:00

BizAuctions Consignment Services Continues to Gain Interest from Retail Owners

10/11/2008 11:30am

Business Wire


Cannagrow (PK) (USOTC:CGRW)
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BizAuctions, Inc. (Pink Sheets: BZCN), a prime provider of commercial eBay liquidation services, consignment services continues to gain interest from retail owners for the resale of their used industrial equipment. Delmar Janovec, CEO, remarks, “BizAuctions, a Titanium Powerseller, on eBay through its eBay store name: BusinessAuctions Inc, consignment program continues to make progress with newly added listings of industrial equipment to be sold to the highest bidder above the minimum bid amount established by the business owner. An advantage of consignment services for BizAuctions is the Company does not utilize its funds from cash flow to purchase the industrial equipment and thereby preserves its cash for additional inventory purchases at a fraction of the retail price. Please view the following link to review BizAuctions existing listings for industrial equipment and the following link for previously sold consignment equipment.” http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=350113667227&ss PageName=ADME:B:EF:US:1123 http://stores.ebay.com/BusinessAuctions-Inc_Restaurant-Equipment- Supplies_W0QQcolZ4QQdirZ1QQfsubZ5651745QQftidZ2QQtZkm “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,” noted 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. Long URLs in this release may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.

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