SAN DIEGO, Oct. 14 /PRNewswire/ -- BizAuctions, Inc. (Pink
Sheets: BZCN), a prime provider of commercial eBay and Amazon
liquidation services for excess inventories, overstocks, and
returns, announced today the Company has secured an additional
liquidation-salvage contract in September with a top
retailer-wholesaler.
Delmar Janovec, BizAuctions' CEO,
comments, "BizAuctions' business model continues to grow with one
of the top 50 retailer-wholesalers in the USA by securing another commercial salvage
contract in the 3rd Qtr. of this year and is in discussion for
additional contracts with the retailer-wholesaler. The contract
calls for the Company to purchase returns, overstocks, excess
inventory, and close-outs at significant discounts from retail
prices for electronics, clothing and general merchandise. This
demonstrates management's commitment to excel in providing
outstanding liquidation-salvage services for our clients, whether
it is through our eBay or Amazon platforms, our Outlet-Retail
store, or Lucky 7's Retail store. It is clear that U.S.
corporations are in need of quality liquidation-salvage services
which BizAuctions can provide." (For photos of our Outlet Store,
please view the attached link at http://www.bizauctions.com/outlet/
)
"BizAuctions opened its 1st retail store on May 29, 2009, in the Chula Vista Center in
Chula Vista, CA, next to Macy's,
an anchor store, and PacSun retail stores, under the name of
'Lucky 7's' in order to sell its name brand higher-end
clothing such as Polo, Ralph Lauren,
Buffalo and Lucky jeans, Ed Hardy
shirts, PING sports apparel, and other name brands that bring
higher retail prices at Lucky 7's versus its customary eBay
and Amazon business platforms," noted CEO Janovec. (For photos of
our Lucky 7's retail restore, please view the attached link
at http://www.bizauctions.com/lucky7/ )
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 and Amazon 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.
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
eBay and Amazon commercial 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 Amazon, 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 and Amazon liquidation
services 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 2010, and 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.
Copyright . 14 PR Newswire