BizAuctions Consignment Services Continues to Gain Interest from Retail Owners
10 November 2008 - 10:30PM
Business Wire
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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