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[QUOTE]Originally posted by Poot Poot: [QB] Auction Mills Inc. Completes Initial Funding Monday July 26, 4:10 pm ET DALLAS--(BUSINESS WIRE)--July 26, 2004--Auction Mills Inc. (PinkSheets:AUML - News) today announced funding has been completed through exercised warrants, which will enable the Company to fully execute its business plan and franchise opportunities. Auction Mills Inc. plans to utilize the initial funding to establish a nucleus of corporate stores in and around the Dallas area. This nucleus will be used as the training hub to develop the Auction Mills Inc. template and franchise strategy. Auction Mills Inc. supplies the public with a convenient, professional and confidential approach to participating in the eBay online marketplace. Experienced eBay auctioneers provide customers with a method of turning unused items into cash. The Company actually takes possession of the items to be auctioned eliminating the hassle and wasted time associated with the selling process and allows customers an opportunity to benefit from the existing relationship that Auction Mills Inc. has with eBay. This exciting method of marketing is currently available to franchisees. Management intends to cultivate a worldwide network of franchises that will work unanimously to offer the public the most effective tool available for online marketing. Matters discussed in this press release are "forward-looking statements." Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. For more information about Auction Mills Inc. and opportunities associated with owning your own Auction Mills location: [URL=http://www.auctionmills.com]www.auctionmills.com[/URL] [/QB][/QUOTE]
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