posted July 14, 2004 11:20            

COMPANY OVERVIEW: Auction Mills Inc. (OTC: AUML)

Auction Mills Inc. (OTC: AUML), through its authorized eBay reseller drop-off stores, is “tapping into an untouched market: people who want to sell on eBay but don’t have the time – or don’t want the hassle of photographing their items, listing them online, answering buyers’ questions and shipping what’s sold.”

Auction Mills makes using eBay easy for the millions of Americans who aren’t computer-savvy, don’t have a digital camera, or who don’t want to put banking, credit card and other personal information on the internet. And eBay is happy to see the drop-off stores springing up! As eBay spokesman Hani Durzy has stated: “We’re excited about the possibility of these stores being able to bring some people to the eBay marketplace that up until now have not been able to participate in it.”

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.

MARKET AND OPPORTUNITY

eBay sold over $24 Billion in goods in 2003! Durzy said, “22 million items are available on the site at all times” (Courier-Jounal.com May 10, ’04). eBay claims to have 41.2 million active users and over 100 million registered users (Forbes.com, 5/5/04). However, only about 8% are sellers. With Auction Mills and other authorized eBay drop-stores, entrepreneurs expect that number to increase dramatically – and with fees randing from “20-40% of the sale price, that can add up to a lot of money.” (Forbes.com 5/5/04). With eBay estimating $10 Billion in consignment sales from drop-off stores, that could add up to $2-4 Billion in yearly revenues!

BUSINESS PLAN

Auction Mills will open drop-off stores in the Dallas area and then will offer franchises around the country. People will drop the items off at the store, and then AuctionMills.com will do the research for pricing and description, then take digital photographs, write the ad copy, and set up the auction process on eBay. When the transaction is complete, AUML will ship the goods to the highest bidder and then send the check to the seller. Also, the Company plans to increase revenues through the sale of franchises and the subsequent royalties derived from the new stores.

GROWTH POTENTIAL

As Bankrate.com states, “These ‘brick-to-click’ storefront drop-off centers are springing up from coast to coast.” (4/19/04). These stores offer a more attractive option than Goodwill, the Salvation Army, and garage/estate sales – there is the potential to make a lot more money on eBay than these other alternatives. AUML will be the first publicly-traded company in this explosive new retailing phenomenon with eBay!

The authorized eBay drop-off stores have the potential to start a new class of retailing. As the Dallas News.com reported, “The notion of new and repeat customers has eBay Inc. officials embracing the offline growth of its business, even though the company has no plans to open any drop-off stores of its own.” As eBay spokesman Hani Durzy says: “There is an opportunity for anyone to open a store and survive and thrive. People like selling stuff on eBay. Why not help them out?” “With close to 200 drop-off stores in the United States, Mr. Durzy said he expects many more to open.” (Dallas News.com, 4/19/04).

“We’re excited about this,” eBay Chief Executive Meg Whitman said at a goldman Sachs investor conference in Phoenix. “Clearly they are getting an incremental customer that would have never come to eBay on their own.” eBay estimates that consignment sales through drop-off stores may reach $10 Billion per year – which would yield $700 Million in revenues to eBay. (NashvilleCitypaper.com, 3/10/01).

CORPORATE HIGHLIGHTS

· Hassle-free authorized eBay selling experience.

· Access to 100 million registered global eBay buyers.

· Revenue streams from franchise and royalty fees.

· Opportunity to significantly increase the current 8% base of eBay sellers, plus adding new and repeat clients.

· eBay estimates $10 Billion in consignment sales from drop-off stores. $700 Million in revenues to eBay.

· Fees of 20-40%. Industry could generate $2-4 Billion!

· Investors have a chance to get in on the ground floor, as AUML is the first publicly traded company in this hot new national retail phenomenon with eBay!

KEY DEVELOPMENT

Jul 12, 2004 - Auction Mills Inc. goes public, revealing their plan to aggressively pursue corporate growth utilizing franchise networking. The Company will concentrate its efforts to convey its new marketing opportunity to the public, making its unique online network of Ebay Auctioneers available to customers needing a better, more effective tool to sell surplus goods with minimal effort.

By using the same technique that has been used in commodity trading for years, the Company actually takes possession of the goods to be sold, making the transition and the transaction much more trouble-free for both parties. This method is quicker, convenient and, because of this, attractive to people that would like to go into business for themselves through franchise ownership.

For more information about Auction Mills Inc. and opportunities associated with owning your own Action Mills location: www.auctionmills.com[/img]

posted July 23, 2004 09:57              

------------------
Due Da Due......But Be Quick About It!!!!!

posted July 23, 2004 09:58              

Business Editors

DALLAS--(BUSINESS WIRE)--AUML--
Auction Mills Inc. (PinkSheets:AUML) announced on the
21st of July its intention to do a 5-for-1 forward split of the
Company's common stock with an effective date of July 30, 2004.
Management has decided to change the effective date to the first or
second week of August to insure that there is adequate time for the
conversion.
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: www.auctionmills.com

KEYWORD: TEXAS
INDUSTRY KEYWORD: RETAIL E-COMMERCE INTERNET
SOURCE: Auction Mills Inc.

CONTACT INFORMATION:
For Auction Mills Inc.
Patrick Arnett, 281-999-7721

------------------
Due Da Due......But Be Quick About It!!!!!

posted July 23, 2004 10:09              

------------------
Due Da Due......But Be Quick About It!!!!!

posted July 23, 2004 10:16              

------------------
Due Da Due......But Be Quick About It!!!!!

posted July 23, 2004 11:06              

------------------
Due Da Due......But Be Quick About It!!!!!

posted July 23, 2004 12:25              

------------------
Due Da Due......But Be Quick About It!!!!!

posted July 23, 2004 12:26              

------------------
Due Da Due......But Be Quick About It!!!!!

posted July 23, 2004 16:08            

Auction Mills Inc. Updates Franchise Information

DALLAS--(BUSINESS WIRE)--July 23, 2004--Auction Mills Inc. (Pinksheets:AUML) is thrilled to publicize updated information about the enormous interest that has been shown in Auction Mills franchises. To date the Company has had total franchise information requests representing 4,358 potential franchise stores in 48 states and 17 countries. Area developer franchises (15 per area developer) numbering 263 and single store franchises numbering 413 totaling an amazing 4,358 potential drop off stores.

This response illustrates the need for a Company specializing in helping customers sell unwanted surplus and the demand for drop off locations conveniently located in targeted areas. "Demographics play an important role in store location, because of this, each franchise location will be examined before the franchise will be approved," states Jason Brola, CEO of Auction Mills Inc.

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.

posted July 24, 2004 11:10            

This reminds me of the days when we wondered if a store like "Mailboxes, etc." would be successful. I hate saying stuff like this, but this looks big.

I know opinions are just opinions, but do you folks think this will be one of those stocks about which someday I can say, "Yeah, I got in when it was only $1.50" Or do you think any stock that explodes like this has GOT to retrace?

Competition:

auctiondrop (at the UPS Store) http://auctiondrop.com

QuikDrop http://QuikDrop.com/

snappyauctions http://www.snappyauctions.com/v2/index.php

posted July 26, 2004 07:08            

quote:

---

Originally posted by WinsumLosesum:
Alright, I missed this one (no surprise there) . Nice catch, Diana. So now comes the proverbial dilemma. Do I chase it or do I wait for a dip?

This reminds me of the days when we wondered if a store like "Mailboxes, etc." would be successful. I hate saying stuff like this, but this looks big.

I know opinions are just opinions, but do you folks think this will be one of those stocks about which someday I can say, "Yeah, I got in when it was only $1.50" Or do you think any stock that explodes like this has GOT to retrace?

Competition:

auctiondrop (at the UPS Store) http://auctiondrop.com

QuikDrop http://QuikDrop.com/

snappyauctions http://www.snappyauctions.com/v2/index.php

1StopAuctions.com http://www.1stopauctions.com/

---

WINSOME,

GOOD QUESTION. I WANTED TO ADD MORE SHARES--THINK I WILL PUT ON A WAIT AND SEE BASIS. FACTORING IN THE RETRACEMENT--COULD FALL BACK TO THE .85 CENT RANGE. WOULD NOT LAST LONG THERE--BUT COULD HAPPEN. I HOPE IT DOES--ONLY SO WE CAN PICK UP MORE SHARES. I SHOULD HAVE BOUGHT MORE AT .29. I WAS ABLE TO PICK UP A FEW MORE WHEN IT RETRACED FROM 1.08 TO .80'S. THIS LOOKS LIKE A KEEPER. GOOD LUCK TO ALL.

posted July 26, 2004 09:32            

DALLAS, Jul 26, 2004 (BUSINESS WIRE) -- Auction Mills, Inc. (Pinksheets:AUML) previously announced its intention to do a 5-for-1 forward split of the Company's common stock. The effective date for the stock split will be August 4, 2004. To participate in the stock split you must be a shareholder of record on or before August 4, 2004.

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: www.auctionmills.com.

SOURCE: Auction Mills, Inc.

posted July 26, 2004 13:39            

quote:

---

Originally posted by Phoenixx:
Does this mean the share price will drop to 20% of the price after the split?

---

IT MEANS FOR EVERY 5 SHARES OF STOCK YOU OWN RIGHT NOW OR BEFORE THIS FRIDAY--YOU WILL OWN 1 EXTRA SHARE FOR FREE. IF THE PPS IS 2.50 THEN YOU WILL OWN 6 SHARES AT 2.50 INSTEAD OF 5 SHARES AT 2.50. THIS IS A FORWARD SPLIT. I HOPE THAT MADE SENSE.

posted July 26, 2004 13:41            

quote:

---

Originally posted by realityinc21:
IT MEANS FOR EVERY 5 SHARES OF STOCK YOU OWN RIGHT NOW OR BEFORE THIS FRIDAY--YOU WILL OWN 1 EXTRA SHARE FOR FREE. IF THE PPS IS 2.50 THEN YOU WILL OWN 6 SHARES AT 2.50 INSTEAD OF 5 SHARES AT 2.50. THIS IS A FORWARD SPLIT. I HOPE THAT MADE SENSE.

---

posted July 26, 2004 13:53            

Diana I think you are describing a 6:5 split.

posted July 26, 2004 16:18            

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: www.auctionmills.com

--------------------------------------------------------------------------------
Contact:
For Auction Mills Inc.
Patrick Arnett, 281-999-7721

posted July 26, 2004 22:55            

quote:

---

Originally posted by Phoenixx:
Which means the price will drop to 20% after the split..which isnt a bad thing if the company is sound..you have more shares at a lower price but the opportunity to buy more..

[This message has been edited by Phoenixx (edited July 26, 2004).]

---

What they really do is for every 1 stock you get 5 stocks & your PPS gets divided by 5.

Example ---

Before

100 Stocks - PPS 2 dollars - Cost Basis 200 U.S.

After the 1-5 split

500 Stocks - PPS 0.4 dollars - Cost Basis 200 U.S.

------------------
GLTA

Raja

Always do your DD before Investing or Daytrading

[This message has been edited by rajarammx (edited July 26, 2004).]

posted July 27, 2004 11:45            

quote:

---

Originally posted by rajarammx:

What they really do is for every 1 stock you get 5 stocks & your PPS gets divided by 5.

Example ---

Before

100 Stocks - PPS 2 dollars - Cost Basis 200 U.S.

After the 1-5 split

500 Stocks - PPS 0.4 dollars - Cost Basis 200 U.S.

---

Right..that's why I said 20% of whatever the share price will be once the deal goes through

Not all stock splits are a good deal however..here's an example: Panera Bread was over $70 a share, they split to $35. Unfortunately I ended up buying this stock when it was at its pinnacle, when restaurant stocks were good but going to make their decline. I ended up losing over $200. <shrug>

posted July 27, 2004 12:08            

quote:

---

Originally posted by kbpkt:
Does anyone have L2 for this? Looks like today may be a good buying opportunity.

---

NOW I AM CONFUSED. IS THIS A FORWARD SPLIT?
I THINK YOU ARE CORRECT. SORRY. WELL YOUR VERSION IS BETTER...
------------------
DIANA

posted July 27, 2004 12:15            

quote:

---

Originally posted by Phoenixx:
Right..that's why I said 20% of whatever the share price will be once the deal goes through

Not all stock splits are a good deal however..here's an example: Panera Bread was over $70 a share, they split to $35. Unfortunately I ended up buying this stock when it was at its pinnacle, when restaurant stocks were good but going to make their decline. I ended up losing over $200. <shrug>

---

You are right about the 20%.

Forward Splits usually are overall good. If the price decline after the split or before the split you will loss money anyway since your cost basis is the same, until you decided to daytrade it...but in forward splits more shares are public for trading which for a company capable of doing a 1-5 split hopefully should be good. Just like in a reverse split most of the time the price goes down...in a forward split most of the time the price goes upward....Well...lets see what happens with AUML since it is Pink....

------------------
GLTA

Raja

posted July 27, 2004 12:18            

quote:

---

Originally posted by realityinc21:
NOW I AM CONFUSED. IS THIS A FORWARD SPLIT?
I THINK YOU ARE CORRECT. SORRY. WELL YOUR VERSION IS BETTER...

---

posted July 28, 2004 16:52            

DALLAS--(BUSINESS WIRE)--July 28, 2004--Auction Mills Inc. (PinkSheets:AUML - News) today announced imminent opening of their main training facility located in the Dallas area. This facility will be used to train all franchisee and area developers to operate franchise drop off stores in a systemized format to insure consistent performance.
The Company has had an amazing total franchise information requests representing 6,287 potential franchises in over 48 states and 17 countries. There have been information requests from 379 area developers (15 franchises per area developer) and 602 single store franchise information requests totaling 6,287 potential Auction Mills Inc. drop off stores.

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: www.auctionmills.com

--------------------------------------------------------------------------------
Contact:
For Auction Mills Inc.
Patrick Arnett, 281-999-7721

posted July 30, 2004 00:42            

quote:

---

Originally posted by realityinc21:
LAST DAY TO PURSHASE BEFORE FORWARD SPLIT.

---

posted July 30, 2004 17:26            

Press Release Source: Auction Mills Inc.

Auction Mills Inc. Updates Franchise Information
Friday July 30, 4:05 pm ET

DALLAS--(BUSINESS WIRE)--July 30, 2004--Auction Mills Inc. (PinkSheets:AUML - News) today announced that franchise interest has been greater than anticipated. The Company has been busy responding to franchise inquiries and sending out many information packages. Franchise information requests have totaled 6,853, representing 412 area developers (15 stores per developer) and 673 single store franchises.
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: www.auctionmills.com

--------------------------------------------------------------------------------
Contact:
For Auction Mills Inc.
Patrick Arnett, 281-999-7721

posted August 04, 2004 07:36              

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued
by StockSplits.com.

LAKE HARMONY, PA -- (MARKET WIRE) -- 08/04/04 -- Auction Mills,
Inc.'s (OTC: AUML) effective date for the stock split will be August
4, 2004. To participate in the stock split you must be a shareholder
of record on or before August 4, 2004.

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.

Other active stocks are Yahoo! Inc. (NASDAQ: YHOO), eBay Inc.
(NASDAQ: EBAY), Amazon.com Inc. (NASDAQ: AMZN).

Information, opinions and analysis contained herein are based on
sources believed to be reliable, but no representation, expressed or
implied, is made as to its accuracy, completeness or correctness. The
opinions contained herein reflect our current judgment and are subject
to change without notice. StockSplits.com accepts no liability for
any losses arising from an investor's reliance on or use of this
report. This report is for information purposes only, and is neither
a solicitation to buy nor an offer to sell securities. A Third Party
has hired and paid StockSplits.com $700.00 for the publication and
circulation of this report. Certain information included herein is
forward-looking within the meaning of the Private Securities
Litigation Reform Act of 1995, including, but not limited to,
statements concerning manufacturing, marketing, growth, and
expansion. Such forward-looking information involves important risks
and uncertainties that could affect actual results and cause them to
differ materially from expectations expressed herein. StockSplits.com
has no ownership of equity and no representation of accuracy in the
above company and our reports are designed to communicate company
announcements through our Press Release Service.

Contact:
C.P. Barry http://www.StockSplits.com
Phone: 1.888.478.7669

------------------
Due Da Due......But Be Quick About It!!!!!

Wid ma mind on ma money an' ma money on ma mind!!!

posted August 04, 2004 17:47            

Auction Mills Inc. Franchise Request Update
Wednesday August 4, 5:20 pm ET

DALLAS--(BUSINESS WIRE)--Aug. 4, 2004--Auction Mills Inc. (PinkSheets:AUML - News) today announced the Company has updated its franchise information request numbers to date of 482 area developers (15 per developer) and 786 single store franchises for a total of 8,016 potential franchisees.
The training facility located at 2917 Elm Street, Suite C, Dallas, Texas, is in the process of being constructed to prepare franchise owners to enter into the online marketing business. The training will educate students on the details of drop off store business structure and management techniques, software and hardware required for inventory evaluation and pricing and many other necessary aspects involved with online marketing.

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: www.auctionmills.com

--------------------------------------------------------------------------------
Contact:
For Auction Mills Inc.
Patrick Arnett, 281-999-7721

posted August 04, 2004 18:44            

quote:

---

Originally posted by rajarammx:

What they really do is for every 1 stock you get 5 stocks & your PPS gets divided by 5.

Example ---

Before

I keep seeing that this company was supposed to split, but it I dont see anywhere that it has.

so whats up?

did it split or not?

100 Stocks - PPS 2 dollars - Cost Basis 200 U.S.

After the 1-5 split

500 Stocks - PPS 0.4 dollars - Cost Basis 200 U.S.

---

posted August 05, 2004 19:41            

DALLAS, Aug 5, 2004 (BUSINESS WIRE) -- Auction Mills, Inc. (Pinksheets:AUML) today announced the Company has signed with FedEx Corporation (FDX) to be the exclusive carrier for Auction Mills, Inc. FedEx Corporation will provide superior quality, reliability and value to franchise owners and bring a powerful marketing edge to enhance their efforts.

Whether the Company uses FedEx Domestic or International Services or FedEx Ground or Home Delivery, franchise owners will be satisfied with the reliable and consistent service that has always been a trademark of FedEx.

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: www.auctionmills.com.

SOURCE: Auction Mills, Inc.