BizAuctions Consignment Service Gains New Business
SAN DIEGO--(BUSINESS WIRE)--BizAuctions, Inc. (PINK SHEETS: BZCN), a prime provider of commercial eBay consignment service, gains new business from commercial and retail owners for the resale of their used industrial equipment.
“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”
Delmar Janovec, CEO, remarks, “BizAuctions, a Titanium Powerseller on eBay through its eBay store name: BusinessAuctions Inc, consignment liquidation service gains new business with newly added listings of industrial equipment to be sold to the highest bidder. Due to the current economic climate, buyers are seeking out new venues to purchase good used equipment below retail prices. Please see the following links to review some of BizAuctions' existing listings for industrial equipment.”
“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 almost 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.