BizAuctions' Retail Store Gaining Momentum in Sales
16 June 2009 - 9:00PM
PR Newswire (US)
SAN DIEGO, June 16 /PRNewswire-FirstCall/ -- BizAuctions, Inc.
(Pink Sheets: BZCN), a prime provider of commercial eBay
liquidation services for excess inventories, overstocks, and
returns, announced today that its newly opened retail clothing
store, Lucky 7's, is gaining sales on a daily and a weekly basis
after its second week of retail operations. "Sales are increasing
after Lucky 7's second full week of retail operations as we are
beginning to see an increase in new customers as well as repeat
customers looking for great buys on our name brand clothing and
merchandise," noted Delmar Janovec, BizAuctions, CEO. Janovec
added, "Thus far Lucky 7's is working to build its customer base by
word-of-mouth from its repeat customers and has yet to spend any
significant amount for advertising. If our retail operations are as
successful as we hope they will be, we should see additional
revenue growth while providing our customers with name brand
products at reasonable prices." 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
http://www.bizauctions.com/. Investors and media can receive a free
investor kit for BizAuctions, Inc. by contacting Investor Relations
at or (800) 961-3275. A virtual tour of BizAuctions' facilities and
flash video presentation can be viewed at
http://www.bizauctions.com/ 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. 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 its excess inventory on eBay. The
Company encourages the public to read the above information in
conjunction with its year-end statement for December 31, 2008, and
the quarterly statements filed in calendar year 2008, at
http://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,"
"feel," "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. DATASOURCE: BizAuctions,
Inc. CONTACT: Investor Relations, Target IR LLC, +1-760-633-0092, ,
for BizAuctions, Inc.; or Delmar Janovec, Investor Relations of
BizAuctions, Inc., 1-800-961-3275, Web Site:
http://www.bizauctions.com/
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