BizAuctions Retail Store Opens with Moderate Sales
June 09 2009 - 7:00AM
PR Newswire (US)
SAN DIEGO, June 9 /PRNewswire-FirstCall/ -- BizAuctions, Inc. (Pink
Sheets: BZCN), a prime provider of commercial eBay liquidation
services for excess inventories, overstocks, and returns, announced
today that its newly opened retail store has produced light to
moderate sales during its first week of operations. "The retail
store opened 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" and has produced light to
moderate sales since the opening. We are seeing a fair amount of
new customers each day at the store with little advertising efforts
being spent presently. With more advertising, Management
anticipates sales will build with increased foot traffic as the
retail year progresses," noted Delmar Janovec, BizAuctions' CEO.
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 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 2008, 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: Investor Relations, Target
IR LLC, +1-760-633-0092, ; or Delmar Janovec, Investor Relations of
BizAuctions, Inc., 1-800-961-3275, Web Site:
http://www.bizauctions.com/
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