BizAuctions Enlists Charity Foundation to Sell Excess Inventory
03 February 2010 - 11:30PM
PR Newswire (US)
SAN DIEGO, Feb. 3 /PRNewswire-FirstCall/ -- BizAuctions, Inc. (Pink
Sheets: BZCN), a prime provider of commercial eBay liquidation
services for excess inventories, overstocks and returns, enlists
one of the largest Charity Foundations in San Diego County to sell
its excess inventory. Delmar Janovec, CEO comments, "BizAuctions, a
Titanium Powerseller, on eBay through its eBay store name:
BusinessAuctions Inc, teams up with one of the largest Charity
Foundations in San Diego County to sell its excess inventory mostly
in the areas of general merchandise that is not conducive for
selling on eBay. The Foundation has been in existence for many
years and services San Diego County providing numerous services to
the local community. The Foundation has weekly live auctions at one
or more of its many locations which generally attracts a large
number of potential customers that bid on the merchandise either by
the pallet or in some cases, by the item. So far the program has
been positive allowing BizAuctions to recoup its costs and then
some. We look forward to developing a sound business relationship
with the Foundation that will prove to be beneficial to
BizAuctions, the Foundation, and the local community. "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, its recently opened retail
store, Lucky 7's, Midwest Outlet Centers, and soon to be its 2nd
retail store in San Diego County," continues Janovec. The Company's
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 2009, 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. http://www.bizauctions.com/
DATASOURCE: BizAuctions, Inc. CONTACT: Delmar Janovec, Investor
Relations of BizAuctions, Inc., 1-800-961-3275, Web Site:
http://www.bizauctions.com/
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