Hot Web, Inc. Releases Listing Activity Detail for April 2007 and Issues Preliminary Listing Estimates for May 2007 Friday April 27, 8:55 am ET
BOISE, Idaho--(BUSINESS WIRE)--Hot Web, Inc. (Pink Sheets:HWBI - News) today released total listing activity for the entire Hot Web system through the end of April 2007 and initial listing estimates for the coming month of May 2007. ADVERTISEMENT
The estimated retail value of completed and/or contracted listings, system-wide, for the month of April will total approximately $556,000.00 USD, representing a 258% increase over the prior month's estimated listing value. Notable listings for April included a 1925 Henry J Kaiser Hot Rod, a 1992 Chevrolet Z-28 Camaro, a 1967 Chevrolet Pick Up, a 1957 Chevrolet Bel Air LS-1, a 1968 Pontiac GTO Convertible, a 2001 Hummer H1 Custom (Chevrolet®, Pontiac® and Hummer® are a registered trademarks of General Motors Corporation (NYSE:GM - News), a 1967 Ford Mustang Fastback (Ford® is a trademark of Ford Motor Company (NYSE:F - News), a 2001 Porsche Carrera Cabriolet (Porsche® is a trademark of Porsche AG), a 2006 'Twisted' Chopper, a 2001 Custom Chopper, a 1997 Advantage SR21 Power Boat and a 2002 Cheetah Fast Cat 24 Power Boat.
Furthermore, the company announced that estimated retail value for the coming month of May 2007 will total or exceed $750,000.00 USD.
Brian Hanold, CEO of Hot Web, Inc., commented, "We are currently getting ready for a trip throughout the mid-west United States that will begin next week and, at a minimum, result in three quarters of a million dollars in listing value that will be introduced into the Hot Web system." He continued, "Total inquiries are up substantially month-over-month and we are approaching an activity level that will require us to hire on additional staff to handle the additional throughput."
About Hot Web, Inc.
Hot Web, Inc., along with competitors such as eAutoDrop, a wholly-owned subsidiary of Rocket City Automotive Group (Pink Sheets:RCAU - News), is engaged in the business of consigning "big ticket" transportation related items through its diversified presences, both online and offline. The Company's mission is to "change the way the world buys and/or bids online" by harnessing the power of the Internet and coupling it with human interaction and expertise to create a safe, productive, comfortable and 'Fraud Free' way to conduct online/offline commerce. The company utilizes both its internal certified regional representative base in addition to online third-party marketing tools like eBay Motors (NYSE:EBAY - News) and others to attract and market vehicle listings
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 Hot Web, Inc., 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.
FOR FURTHER INFORMATION, investors are asked to visit the Hot Web Investor Relations Hub at www.agoracom.com/IR/HotWeb where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to HWBI*agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time. Investors can also visit the Company's website at www.hotwebinc.com.Posts: 33 | From: Florida | Registered: Apr 2007
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