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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.