BizAuctions Listings for Month of October 2008 Increase by 17%
06 November 2008 - 12:35AM
Business Wire
BizAuctions, Inc. (Pink Sheets: BZCN), a prime provider of
commercial eBay liquidation services for excess inventories
announced today that its listings posted on eBay during the month
of October 2008 increased by 17% over listings posted for September
2008. Delmar Janovec, CEO comments, �BizAuctions, a Titanium
Powerseller on eBay, through its eBay store name: BusinessAuctions
Inc, posted 3,060 item listings for the month of October � an
increase of 462 listings or approximately 17% over the month of
September 2008. This increase is indicative of management�s
commitment to provide our customers with exemplary service as shown
by our customer satisfaction rating on eBay of 99.6% with over
28,000 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. BizAuctions� operations are
designed for maximum capacity to handle most any eBay liquidation
project. Whether the client is a Fortune 500 company with 1,000
items or a small business with 100 items, BizAuctions can take on
most any project and recover funds from clients� excess inventory.
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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