SAN DIEGO, June 2 /PRNewswire-FirstCall/ -- BizAuctions,
Inc. (Pink Sheets: BZCN), a prime provider of commercial eBay and
Amazon liquidation services for excess inventories, overstocks and
returns, begins listing its first load of electronics from Creating
Lifestyles on eBay.
Delmar Janovec, CEO comments,
"BizAuctions began eBay listings on May
27 of the electronics-TV's it purchased from Creating
Lifestyles, an electronics wholesaler, after BizAuctions completed
its testing of the TV's. We are anxious to see how this first round
of TV's sell as this Creating Lifestyles product line varies from
our normal product line of TV's due mostly to the earlier
manufacture date. Some of the TV's have good price points for
Plasma TV's that carry a 30-day warranty for the consumer. We plan
to include the Creating Lifestyles product line of electronics in
the BizAuctions-La Jolla Liquidation live-auction along with
Tropicana Hotel & Casino consignment inventory, additional
BizAuctions electronics, and general merchandise that is scheduled
for June 19, 2010 at the
office-warehouse of BizAuctions, 1510 Corporate Center Drive, Otay
Mesa, CA. The Creating Lifestyles product line of electronics
targets the buyer who is looking for name brand electronics and at
a favorable pricing point. BizAuctions and Creating Lifestyles are
in the beginning stages of a business relationship which should
prove to be beneficial for both companies while providing
BizAuctions with another product line of electronics that should
ultimately benefit the consumer."
"BizAuctions employs two primary business models, whereby it
liquidates inventory through eBay and Amazon 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
and Amazon platforms and its recently opened retail store,
Lucky 7's," 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 liquidation services to Fortune 1000
enterprises, BizAuctions is a clear and lucrative solution for most
any business to liquidate excess inventory on its eBay and Amazon
platforms and its Lucky 7's retail store.
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/.
ABOUT BIZAUCTIONS – ADDRESSING THE $60 BILLION PROBLEM
BizAuctions, Inc. (Pink Sheets: BZCN) is a prime provider of
commercial liquidation services for excess inventory, overstock
items, and returns through its eBay and Amazon business platforms
and Lucky 7's retail store. 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, 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 liquidation services
through eBay and Amazon platforms and its Lucky 7's
retail store to Fortune 1000 enterprises, BizAuctions is a clear
and lucrative solution for most any business to liquidate its
excess inventory.
The Company encourages the public to read the above information
in conjunction with its year-end statement for December 31, 2009, and the quarterly statements
filed in calendar year 2009, 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," "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.
SOURCE BizAuctions, Inc.