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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.
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