BizAuctions Purchases Inventory of Cell Phones and Accessories for Holiday Season
December 08 2009 - 7:30AM
PR Newswire (US)
SAN DIEGO, Dec. 8 /PRNewswire-FirstCall/ -- BizAuctions, Inc. (Pink
Sheets: BZCN), a prime provider of commercial eBay liquidation
services for excess inventories, overstocks and returns, purchases
cell phones and accessories for resale during the Holiday Season.
Delmar Janovec, CEO comments, "BizAuctions, a Titanium Powerseller,
on eBay through its eBay store name: BusinessAuctions Inc, has
purchased cell phones and accessories that were once inventory for
a Regional Distributor of cell phones at a significant discount to
market prices. The retail price of the inventory is approaching
$470,000.00. The purchase consists of all new goods and includes
most popular brands of cell phones and their latest models to
include Bluetooth devices, routers, memory cards, batteries,
holsters-cases, ear-buds, and misc. items. BizAuctions' purchase of
the cell phones and accessories comes at a good time of the year,
making a perfect Holiday gift for a family member or friend.
Management and staff are committed to providing an assortment of
name brand merchandise for its customers as well as providing
excellent customer service as is noted in its eBay positive
feedback rating of 98.9 with over 40,950 positive feedbacks
received from 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, its recently opened retail store, Lucky 7's, and soon
through its recently announced Letter of Intent with Midwest Outlet
Centers," 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. DATASOURCE: BizAuctions,
Inc. CONTACT: Delmar Janovec, Investor Relations of BizAuctions,
Inc., 1-800-961-3275, Web Site: http://www.bizauctions.com/
Copyright