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Does anyone follow AUCC? It's a pink and I don't know this company, but the following news looked interesting.
LAS VEGAS, NV--(MARKET WIRE)--Jan 7, 2006 -- As revolutionary technologies emerge from the Consumer Electronics Show, the big story this year is the ease of use and immediacy of Internet access of Auction Video's "one touch upload" capability, now announced as a key feature of the new Sanyo VideoCellphone unveiled today at CES. AuctionCities.com (Other OTC:AUCC.PK - News) Mike Berman stated, "This development will immediately revolutionize the concept of local online auctions as demonstrated by this implementation on our start-up auction site and most effectively the Real Estate business, online personals. We originated local auctions with our pending patent on the domaining of every U.S. Postal Zip-code."
Gregory Ellis, Auction Video CEO, stated, "Within the context of an exclusive licensing agreement with NTT-DATA SANYO, AuctionVideo.com, developer of web-based recording technology that offers rapid upload to the Internet, unlimited live video streaming and a video record capability up to 60 minutes announces an exclusive co-venture with start-up consumer-to-consumer - dealer-to-consumer auction and retail portal, AuctionCities.com, Inc."
Ellis continued, "Our technology, to be distributed across millions of cell phone and web users worldwide, allow the instant conversion of any video format, to any video format. Up to 30 frames per second video, and high definition audio benefit anyone who can record their video on a cell phone, or other device, and easily put it online for anyone to see."
Web page. After scanning the site, I'm not so enthused. Difficult to navigate and it looks like they don't have a great deal of product to offer. Maybe it just takes time.
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The news looks real nice. I'll be watching it. Pretty low volume, but maybe the news is just what it needs. Charts a little sideways. This could be a nice play.
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Jelly, I'm with you. It's been basing for awhile and if the volume starts to climb it could move quick. Not touting this company, but it might spike a nice return. Hopefully someone on the board has some solid info we can use.
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