SAN DIEGO, Oct. 27 /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 its third
liquidation-salvage contract in the last 30 days with a Top
Retailer-Wholesaler.
Delmar Janovec, BizAuctions' CEO,
comments, "BizAuctions business model is continuing to expand
with one of the Top 50 Retail-Wholesalers in the USA, by securing yet another commercial
liquidation-salvage contract for a total of three (3) new contracts
within the last 30 days. BizAuctions has been performing
liquidation-salvage services for the Retailer-Wholesaler in the
states of California and
Arizona, and now will be
performing the services in Nevada.
Expansion into Nevada exhibits the
confidence the Retailer-Wholesaler has with the performance of the
Company and is in line with our goal of securing several more
salvage-liquidation contracts in these states. The contract
calls for the Company to purchase overstocks, excess inventory,
close-outs, and returns of the Retailer-Wholesaler, at sizeable
discounts from retail pricing for electronics, general merchandise,
and clothing. This again demonstrates management's commitment to
provide superb liquidation services for our clients through our
eBay or Amazon Platforms, our Outlet-Retail store, or Lucky
7's Retail store. U.S. corporations are in need of
quality salvage-liquidation services which BizAuctions provides."
(For photos of our current 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 . 27 PR Newswire