CORRECTING and REPLACING Abazias.com Reports Record Sales Tuesday March 14, 10:02 am ET
GAINESVILLE, Fla.--(BUSINESS WIRE)--March 14, 2006--Headline of release should read: Abazias.com Reports Record Sales (sted Abazias.com Investor Update). Also, first graph, third sentence should read xxx sales for the first quarter of 2005 (sted 2004). ADVERTISEMENT
The corrected release reads:
ABAZIAS.COM REPORTS RECORD SALES
Abazias (OTCBB:ABZS - News) is pleased to update investors on the status of sales for the quarter and report on the upcoming 10-K. Based on significant sales figures, Abazias estimates another record-breaking quarter, with first quarter sales expected to exceed $1 million. If these expectations are realized, Abazias will have increased sales over 141% over last year's $413,000 in sales for the first quarter of 2005.
"These figures are quite remarkable, since the first quarter is historically not very strong due to the seasonality of diamond purchases," stated Oscar Rodriguez, CEO of Abazias.com. "Our focus over the past six months has been on improving the infrastructure, and we have made several technological improvements to the site that should be unveiled by next quarter," Rodriguez continued. "These advancements will affect our growth curve in a significant way. We appear to be finally taking business away from Blue Nile (NILE), a company that now shows signs of anemic growth."
In addition to the overwhelming sales figures, Abazias.com also would like to advise that the 10-K audited numbers are being finalized now for 2005, and are expected to be released on or about April 2, 2006. These figures will confirm significant growth from the previous year.
Activities for 2006 include investor relations through professional associations, including SmallCapVoice.com. Additionally, Abazias continues to promote the company through consumer public relations and strategic marketing alliances with Paris Hilton Limited Edition Watches.
Abazias.com has created a strong customer following based on customer service and site innovations that let shoppers create their own jewelry. In addition to delivering quality diamonds at wholesale prices, Abazias.com is also a full-service jeweler offering a large selection of settings for stones purchased.
Abazias.com showcases over 70,000 diamonds, valued at over $350 million on its site at www.abazias.com. Most of Abazias.com diamonds are GIA, AGS or EGL certified. Abazias.com offers the "Couples Diamond®," which is required to meet even higher standards for cut, clarity and dimensions. Abazias.com is also a full-service jeweler offering a large selection of settings for stones purchased. For more information about Abazias.com, visit the Company's website at www.abazias.com.
This press release may contain statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Contact: IR Contact: SmallCapVoice.com Investor Relations Stuart T. Smith, 512-267-2430 SSmith*SmallcapVoice.com or PR Contact: Kollaras Communications Rebecca Kollaras, 305-754-5949 Rebecca*Kollaras.com
Posts: 1632 | From: NJ | Registered: Nov 2005
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Chart looking HOT!! woo hoo!!! With that 4 million float to go along with it! Nice, nice, nice!
Posts: 1632 | From: NJ | Registered: Nov 2005
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good pick jelly. This looks very promising. Chart is looking great and with them reporting new numbers soon, and I hear that news is expected next week. This should have a nice run up...
Posts: 16 | Registered: Sep 2005
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nice find here, been watching recent trading, chart's good, rumor of news surfacing, combined is perfect setup for a move up.
-------------------- FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of. YahooIM=FurrySound Posts: 2170 | From: Pennsylvania, USA | Registered: Mar 2004
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this company is taking on nile diamonds a $33 stock and winning volume doubled over week before, and spokesperson paris hilton to boot =]i expect this to go this week early
Posts: 96 | From: OK | Registered: Jan 2006
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They are going to be announcing their updated financials very soon. They have already stated that this year is going to be BIG for them. If last friday's action is an indication of things to come, this will be a nice stock to get into early this week. Also, they are now taking on Blue Nile in the diamond industry and they are getting help from Paris Hilton! http://www.smallcapvoice.com/abzs/david.htmlPosts: 16 | Registered: Sep 2005
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-------------------- FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of. YahooIM=FurrySound Posts: 2170 | From: Pennsylvania, USA | Registered: Mar 2004
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Yep recovering now..... News today was good, but reading between lines think something bigger is coming, but hey to get a good entry on others weak hands im not complaining
this stock remains me of azmn at .12 Patience pays off Sometimes
-------------------- Do your research !!See chart !!Plan your trade and Trade your plan.!! My opinions based on my interpretation of charts fundamentals or news events. Do your own dd and hope we all see GREEN Posts: 68 | Registered: Oct 2005
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Yep, I hear that they might get bought out soon by Nile. This small company is kicking their a$$ and providing serioud competition. Also, more positive news about company financials is going to come out soon.. Look out for this stock to pop nice in the nex couple of days.
Posts: 16 | Registered: Sep 2005
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