BizAuctions Sets Sights on $1.3 Trillion Pool of Inventory for eBay Liquidation
BizAuctions, Inc. a prime provider of commercial eBay liquidation services for excess inventories, today reflected on the U.S. Department of Commerce's Manufacturing and Trade Inventories and Sales report, where the total pool of manufacturers' and trade inventories exceeded $1.3 trillion.
An excerpt from the September 14th report, which released trailing data for July 2006, outlined that "Manufacturers' and trade inventories adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,347.3 billion, ... up 7.4 percent from July 2005."
Delmar Janovec, CEO of BizAuctions, noted, "We view any increase in inventories as a potential positive sign for business, even when sales escalate as they did here, because inventory surges may indicate trickledown growth in excess inventories.
"Excess inventories continually plague retailers and manufacturers with a tremendous financial burden to the tune of $60 billion, in addition to the notion that they spend hundreds of millions of dollars in inventory carrying costs alone.
"BizAuctions addresses this $60 billion problem with our commercial eBay liquidation services, which provide our clients a channel to generate cash flow on excess inventory while at the same time freeing up their valuable storage and retail space," Janovec concluded.
Readers are encouraged to review the full report with Inventories, Sales, and Inventories/Sales ratio released September 14, 2006, which can be viewed at: http://www.census.gov/mtis/www/mtis
The Company's 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.
At $60 billion, BizAuctions is targeting an enormous market while helping companies solve one of their greatest problems. Currently offering services in select Southern California areas, BizAuctions plans to begin offering services nationwide in the near future.
BizAuctions employs two primary business models, whereby it liquidates inventory through eBay on consignment for a lucrative commission; and/or it purchases inventory at a fraction of retail price for the purpose of liquidating it for a profit. We consign, we buy, and we liquidate through eBay!
BizAuctions' operations are designed for maximum capacity to handle most any eBay liquidation project. Whether the client is a Fortune 500 company with 1,000 items or a small business with 100 items, BizAuctions can take on most any project and recover funds from clients' excess inventory.
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/tour.shtml.
ABOUT BIZAUCTIONS - ADDRESSING THE $60 BILLION PROBLEM
BizAuctions, Inc. 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 information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "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 products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein. The company's information and disclosure statement as well as select financial data can be found at http://www.bizauctions.com/investors.shtml.
Source: BizAuctions, Inc.
Posted by Ace of Spades on :
BizAuctions started to get a lot of attention over the weekend at other boards.
Posted by greenman on :
I actually received a postcard in the mail about this stock. It is being pumped very heavily.
Posted by Ace of Spades on :
BizAuctions Announces Eight Contracts for eBay Liquidation Services
Business Wire "US Press Releases "
SAN DIEGO--(BUSINESS WIRE)--
BizAuctions, Inc. (Pink Sheets: BZCN), a prime provider of commercial eBay liquidation services for excess inventory, today announced eight Liquidation Services Contracts for various commercial clients.
The Liquidation Services Contracts called for BizAuctions to provide liquidation of select inventories or assets such as printing equipment, hardware supplies, restaurant equipment, and medical equipment, through eBay auctions or other distribution channels.
"These eight contracts are indicative of the growth of our business and the tremendous opportunity before us, and we expect to be able to obtain many additional contracts to provide our eBay liquidation services," noted Delmar Janovec, BizAuctions' CEO.
"At BizAuctions we are doing solid business and are providing valuable services to our clients. It is clear that American companies are in need of liquidation services, and we are aggressively targeting that market.
"With the excess inventory market near $60 billion, we are working to build a major operation and have a significant positive impact on corporate America. We believe that eBay liquidation services are indeed the future of inventory liquidation," Janovec concluded.
The Company's 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.
At $60 billion, BizAuctions is targeting an enormous market while helping companies solve one of their greatest problems. Currently offering services in select Southern California areas, BizAuctions plans to begin offering services nationwide in the near future.
BizAuctions employs two primary business models, whereby it liquidates inventory through eBay on consignment for a lucrative commission; and/or it purchases inventory at a fraction of retail price for the purpose of liquidating it for a profit. We consign, we buy, and we liquidate through eBay!
BizAuctions' operations are designed for maximum capacity to handle most any eBay liquidation project. Whether the client is a Fortune 500 company with 1,000 items or a small business with 100 items, BizAuctions can take on most any project and recover funds from clients' excess inventory.
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/tour.shtml.
ABOUT BIZAUCTIONS - ADDRESSING THE $60 BILLION PROBLEM
BizAuctions, Inc. 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 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.
Posted by Ace of Spades on :
It keeps Rising...hopefully it explodes today or tommorow.
Posted by foxtrot6 on :
Wonder who these 8 contracts are with.
Posted by djg7 on :
I just got an alert in the mail today about this stock. Looks promising.
Posted by Ace of Spades on :
I broke $2.00
Posted by foxtrot6 on :
Nice day today. Hope its a sign of things to come.
Posted by iluvthepennies on :
Wow what a hot business model
Posted by Ace of Spades on :
It's green today, too
Posted by djg7 on :
This one looks solid for a long play IMO.
Posted by djg7 on :
Slow and steady climb makes no gaps to fill.
Posted by Ace of Spades on :
Thas't the way I like it. Posted by foxtrot6 on :
cancelled an XKEM order to get in this. SOOO glad I did.
Posted by Ace of Spades on :
Looking good.
Posted by djg7 on :
Nice day. Keep going up but not spiking. This is a real company with a lot of potential working with ebay.
Posted by djg7 on :
BizAuctions Now Offering eBay Liquidation Services Nationwide
By BusinessWire Last Update: 10/4/2006 5:00:14 AM Data provided by
SAN DIEGO, Oct 04, 2006 (BUSINESS WIRE) -- BizAuctions, Inc. (Pink Sheets:BZCN), a prime provider of commercial eBay liquidation services for excess inventory, overstock items, and returns for retailers, distributors, and manufacturers, announced that it is now offering its eBay liquidation services nationwide.
The Company has begun the nationwide initiative to solicit Liquidation Services Contracts with select Fortune 500 company facilities in more than 30 towns/cities in 25 states.
"We have begun offering our eBay liquidation services across the nation, and we feel that evaluating projects nationwide will open new doors and new revenue channels that we have not had access to before," explained Delmar Janovec, CEO of BizAuctions.
"BizAuctions has taken tremendous steps towards growth, and we expect that trend to continue as we ramp up our efforts. We feel that the revolution for enterprise-scale eBay liquidation of excess and distressed inventory is just beginning, and we are working to position ourselves to capture as much of that growth as possible.
"It is estimated that various companies across the nation are sitting on $60 billion worth of excess inventory, and we strive to help those companies liquidate that excess inventory. We are aggressively pursuing that $60 billion market opportunity," Janovec concluded.
Retailers, manufacturers, or distributors in need of BizAuctions' eBay liquidation services are encouraged to view a virtual tour of BizAuctions' facilities and flash video presentation at http://www.bizauctions.com/tour.shtml.
Additionally, those parties may contact the BizAuctions Sales Department at 800-961-3275 or sales*BizAuctions.com.
Previously BizAuctions has not pursued or entertained nationwide projects because management wished to develop its core on a local/regional level. While this continues, it will now entertain projects from companies across the U.S., based on the merits of each opportunity that may be presented. BizAuctions has begun an introductory marketing program to solicit Liquidation Services Contracts with select Fortune 500 company facilities in more than 30 towns/cities in 25 states. Because business development outside of the current service areas will be limited, and because nationwide projects may entail operational challenges, there is no assurance that the Company's solicitation efforts will be successful. Nationwide projects will be evaluated on a case-by-case basis on variables including, but not limited to, inventory volume, geographic location, type of inventory, facilities requirements, inventory dollar value, transport viability, capital requirements, and transport cost; as well as compliance with any state and/or local laws.
The Company's 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.
At $60 billion, BizAuctions is targeting an enormous market while helping companies solve one of their greatest problems. BizAuctions employs two primary business models, whereby it liquidates inventory through eBay on consignment for a lucrative commission; and/or it purchases inventory at a fraction of retail price for the purpose of liquidating it for a profit. We consign, we buy, and we liquidate through eBay!
BizAuctions' operations are designed for maximum capacity to handle most any eBay liquidation project. Whether the client is a Fortune 500 company with 1,000 items or a small business with 100 items, BizAuctions can take on most any project and recover funds from clients' excess inventory.
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/tour.shtml.
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 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.
Posted by djg7 on :
Gapper again premarket 2.50 x 2.51. This is looking really good. More green. Yes!
Posted by djg7 on :
Fell from 2.61 to 1.32. back up to 1.56.
Posted by PROFIT$$$$$ on :
WHAT HAPPENED. Profit takers?
Posted by djg7 on :
I can't find any reason. I couldn't make an internet trade with etrade and had to do it manually. It's bouncing from low 1.50's to mid 1.60's at this time.
Posted by cpeed on :
Anyone know why this is dropping? Besides the fact that it is an IPO and this is what they do..
Posted by Ace of Spades on :
Biz Auctions is COMMITTING FRAUD on the American public and will be stopped soon. Mailboxes throughout the country are being flooded with solicitations urging people to buy BZCN under utterly fraudulent pretense. This fraud is being perpetrated by a career stock promoter who must be stopped by the Federal Government.
Here is a copy of the mailer that is being sent with no return address:
Click here to view
What makes this whole thing absurd is that this was the SAME MAILER sent out for Net 2 Auction (NAUC.pk) now trading at 12 cents.
Click here to view
Besides the whole mailer being one big lie and a complete fraud, notice the disclaimer. A third party has paid nearly $1 million for composition and distribution of this mailer. According to the company’s financials, they have $400 in the bank.
So, the promoters have spent $1 million to send mail that promotes a company with $400 in the bank. This is mail fraud and ********** plans on seeing justice to its conclusion through the US Postal Inspector.
Here is the current state of the “company” as documented in their own filing.
Total current assets $10,824 (again, dollars, not thousands)
Employees: Unstated
For 6 months ending June 30 2006:
Total Revenues $74,958
Cost of Revenues $71,695
So basically, if this was your deadbeat cousin selling garage sale junk on Ebay out of your basement, he would have made $3,300 gross profit in six months, -- assuming you paid all his overhead … maybe it is time the boy got a real job.
Too Crazy To Believe
Now this is going to sound crazy, and most of you will ask, “how can this happen?”, yet it is true.
BZCN is the second pump and dump with the same business, the same business owner and at the same business address. Talk about recycling! (See NAUC.pk)
The promoter behind this is Delmar Janovec. Out of his little office in Las Vegas, he has brought us some of the most notorious companies of the past 18 years.
Look at the following charts, all courtesy of Delmar.
There is nothing more to know than a FRAUD is being perpetrated on the investing public. It is the opinion of ********** that BZCN will soon “trade with the fishes” as have all of the previous Delmar Janovec stocks.
This report has been forwarded to:
FBI Las Vegas John Lawrence Bailey Building 700 East Charleston Boulevard Las Vegas, Nevada 89104-1545 lasvegas.fbi.gov
Pacific Regional Office e-mail: losangeles*sec.gov
Posted by djg7 on :
I am holding the solicitation card in my hand which I received in the mail on Monday from Green Light Stocks Report. This will tank heavy now.
Posted by greenman on :
quote:Originally posted by djg7: I am holding the solicitation card in my hand which I received in the mail on Monday from Green Light Stocks Report. This will tank heavy now.
I received the same one. When I receive things like that in the mail, I will not buy into it.
![[Big Grin]](biggrin.gif)