SAN DIEGO, June 10 /PRNewswire-FirstCall/ -- BizAuctions,
Inc. (Pink Sheets: BZCN), a prime provider of commercial eBay and
Amazon liquidation services for excess inventories, overstocks and
returns, and La Jolla Liquidation & Auction Co. have a firm
date of June 19, 2010 for the first
live-auction.
Delmar Janovec, CEO comments, "We
have accumulated a good variety of consignment inventory of
furniture, fixtures, and equipment (FF & E) from the renovation
of the Las Vegas Tropicana Hotel & Casino and will be adding a
significant amount of named brand electronics, general merchandise
such as household furniture and appliances to outdoor patio sets,
along with name brand clothing, and consignment electronics for the
auction to be held on Saturday, June
19, at BizAuctions office-warehouse in Otay Mesa, CA.
BizAuctions and La Jolla Liquidation have advertised for the
live-auction in the San Diego Tribune as well as some smaller
weekly publications so we anticipate attracting commercial vendors
of all types, as well as small business owners, and individuals
looking for name brand merchandise at the live-auction.
"BizAuctions has been working diligently with David Morris and his firm of Pixeled Business
Systems, Inc., www.pixeled.net, to enhance BizAuctions' current
website as well as expand the site with new features and has made
good progress on these design improvements. One of these new
features will allow for 'live auctions' and will incorporate the
live-auction event from the actual location of the auction being
held. We anticipated the new design and enhancements would be
complete and available for this first 'live-auction' however, it
will be a race to have the new design complete in time to allow for
the live-auction event.
"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.
www.BizAuctions.com
SOURCE BizAuctions, Inc.