posted
2morrow is the big day for this highly anticipated stock....if this thing is running good by the eod im in till thursday for the gapper....we'll see....today it stayed strong and steady.....i even bought some more shares..... .11 seems solid as a rock... this chart looks strong to me...and 2morrow is the conference call, and some news 2morrow about this huge aqusition...toady was a good time to get in if your not in alrdy...Volume is still strong, lets see what it does in the open
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Snap N' Sold Closes Acquisition of HotAutoWeb.com Wednesday September 14, 6:30 am ET
PALM HARBOR, Fla.--(BUSINESS WIRE)--Sept. 14, 2005--Snap N' Sold Corp. (Pink Sheets: SNPD - News) announced this morning that it has closed the highly-anticipated acquisition of HotAutoWeb.com. The profitable Snap N' Sold subsidiary has posted sales in excess of $9,665,000 over the past 2.5 years and currently has over $1,000,000 million in listings on eBay. The company is also projecting an additional $250,000 in HotAutoWeb listings in the coming week alone. ADVERTISEMENT
Snap N' Sold Chairman, James G. Grady, commented, "The acquisition of HotAutoWeb and its related portfolio of internet domains represent the dawning of a new era for all Snap N' Sold stakeholders. The buzz around the company is almost impossible to convey. It truly is awe inspiring." He continued, "Demand for this service is consistently expanding on its own even though its capacity has largely been constrained to-date by a lack of administrative support and field representation. We have concluded that we will be able to add significant scale and capacity to the operation through our new National Regional Representative Program, which we believe will result in geometric sales increases almost immediately. We will also apply upward pressure on cash flow and profit margins through the implementation of rigorous cost control initiatives."
Brian Hanold, the Founder and President of HotAutoWeb, concurred. "This transaction is the embodiment of a 'Win - Win' acquisition. As a part of the Snap N' Sold family, both HotAutoWeb and the other sites in development will have access to the resources and additional expertise necessary for a true national and international expansion. HotAutoWeb's business back-log can finally be realized at a level of service that our customers have come to expect, thus expanding our already stellar reputation in the business community."
The company also reiterated this afternoon's timing for the previously announced investor conference call. The conference call will take place after the market close at 4:30 EST and the company will put out a mid-day press release with the dial-in and access code instructions for shareholders and all others who would like to listen in.
About Snap N' Sold Corp.
Snap N' Sold Corp., www.snapnsold.com, is engaged in the eBay (NASDAQ: EBAY - News), drop store industry with competitors, Las Vegas based Net2Auction Inc. (Pink Sheets: NAUC - News), subsidiary of AmeriResource Technologies, Inc. (OTCBB: AMRE.OB - News), Dallas based Orbit Drop, Inc. (Pink Sheets: OBDP - News) and Auction Mills Incorporated (Pink Sheets: AUML - News) as well as other auction facilitators like the EZ2Companies.com, (OTCBB: EZTO - News). Snap N' Sold is managing its growth through the acquisition of community-centered retail "thrift stores" that will continue operating in that business while also acting as local eBay drop store 'consignment centers' and corporate and estate asset disposition offices.
Safe Harbor
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Snap N' Sold Corp., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
-------------------------------------------------------------------------------- Contact: For Snap N' Sold Corp. Brass Bulls, Corp. Marc Lovito, 866-342-2700
-------------------- Raptor----Don't confuse bad luck with bad judgement
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Snap N' Sold Corp. Issues Conference Call Information Business Wire - September 14, 2005 13:03
PALM HARBOR, Fla., Sep 14, 2005 (BUSINESS WIRE) -- Snap N' Sold Corp. (Pink Sheets:SNPD) today issued the information for this afternoon's investor conference call. Scheduled for 4:30PM EDT, the informal discussion will be led by James Grady, founder of EZ Auctions & Shipping and Brian Hanold, founder of HotAutoWeb.
Investors and anyone wishing to listen into the call can dial-in utilizing the following instructions:
Call in Number: (888) 899-7904
Access/Playback ID: 056751257
James G. Grady, commented, "We are excited at our initial opportunity to discuss the plans for the combined companies with existing and potential shareholders. We intend to foster continued strong relations with our investors and the investing public at large through the consistent use of conference calls as a medium for answering questions and discussing ongoing milestones and corporate activity. We look forward to speaking with you all later this afternoon."
About Snap N' Sold Corp.
Snap N' Sold Corp., http://www.snapnsold.com, is engaged in the eBay (NASDAQ:EBAY) drop store industry with competitors, Las Vegas based Net2Auction Inc. (Pink Sheets:NAUC), subsidiary of AmeriResource Technologies, Inc. (OTCBB:AMRE.OB), Dallas based Orbit Drop, Inc. (Pink Sheets:OBDP) and Auction Mills Incorporated (Pink Sheets:AUML) as well as other auction facilitators like the EZ2Companies.com, (OTCBB:EZTO). Snap N' Sold is managing its growth through the acquisition of community-centered retail "thrift stores" that will continue operating in that business while also acting as local eBay drop store "consignment centers" and corporate and estate asset disposition offices.
Safe Harbor
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Snap N' Sold Corp., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
SOURCE: Snap n' Sold Corp.
For Snap N' Sold Corp., Palm Harbor Brass Bulls Corp. Investor Relations Marc Lovito, 866-342-2700
-------------------- "As long as there are dreamers, there are dreams that will come true."
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