posted
got this today in the mail from the bullish report stock on the 10th was $1.13 now today it closed at $1.56 up 5 days straight they predict $10.50 within months. right now there are only 6 locations at an average of .21 a location soon they say they will have 50 location this is gonna be awesome please do your own dd and let me no what you think. better then ebay.
posted
It just keeps going.. This business model makes a lot of sense with a lot of untapped customer potential. At a 35% commission how can you not make money?
Press Release Source: Net2Auction Inc.
Net2Auction to Expand to 75 eBay Drop-Off Locations By Year-End Wednesday May 18, 4:00 pm ET Net2Auction is a Leading Provider of Auction Drop-off Services
LAS VEGAS--(BUSINESS WIRE)--May 18, 2005--Net2Auction Inc. (Pink Sheets: NAUC - News) today unveiled its national expansion objectives by announcing plans to deploy its eBay drop-off services nationwide, with plans for 75 eBay drop-off locations by year-end. ADVERTISEMENT
The company originally set its goal of 50 eBay drop-off locations, but given the company's progress to date, as well as increasing demand for its services, Net2Auction has revised its national expansion plans to include 75 eBay drop-off locations by the end of 2005.
Net2Auction is a leading provider of auction drop-off services that allow people to easily sell their items on eBay by dropping unwanted goods off at company locations. Net2Auction's virtual store tour and promotional video can be viewed at http://www.net2auction.com/videos.html.
Effective immediately, Net2Auction will continue pursuing opportunities to offer its eBay drop-off services across the nation, with plans to expand to 75 locations or more by year-end. With its rapid expansion, the company has set the stage as a leading national contender in the auction drop-off business.
Net2Auction is positioning itself to be the fasting growing company in its space in terms of opening locations at a faster rate than any other company in the marketplace.
Delmar Janovec, Net2Auction president, noted, "Estimated to be a $30 billion annual industry, we believe we are targeting a market with immeasurable opportunity. Management believes that we are facing what could be one of the greatest growth opportunities of this decade.
"By offering a simple five-minute drop-off service where we do all of the auction work for our customers, we are tapping into households that 'have approximately $2,200 worth of unused items' that could be sold on eBay, according to a recent AC Nielsen survey.
"There are literally tens of millions of Americans that have unused items to be sold on eBay, but they choose not to do so themselves because they don't have the time, energy or know-how. With our rapid expansion both in California and nationally, we are working to capture a significant portion of that market," Janovec concluded.
Net2Auction allows people to easily sell their items on eBay by dropping unwanted goods off at company locations. The company provides a full-service eBay auction listing program that boasts a customer satisfaction rating that exceeds 99%. Selling on eBay with Net2Auction is easy -- customers just bring valuable, yet unwanted goods into a Net2Auction drop-off location and we do all of the work.
Customers can get in and out of our store in less than five minutes, and we take care of all the eBay selling tasks including product description, photos, payment processing and collection, and shipping. In exchange for providing eBay drop-off and consignment services to its customers, Net2Auction charges a service fee against the final sale price of the item.
With national expansion plans and currently offering eBay drop-off services at 14 locations through partnership with pack and ship centers, Net2Auction has a winning formula for success: we have no cost of inventory, we are undergoing rapid expansion, and we reap lucrative consignment fees while making our customers money.
As auction drop-off services such as Net2Auction are gaining the momentum that has been expected, industry analysts expect this exponential growth to continue.
More information is available at www.Net2Auction.com. Investors and media can receive a free investor kit for Net2Auction Inc. by contacting Investor Relations at investors@net2auction.com or 800-450-1935. Net2Auction's virtual store tour and promotional video can be viewed at http://www.net2auction.com/videos.html.
Net2Auction Inc. is a leading provider of auction drop-off services that allow people to easily sell their items on eBay by dropping unwanted goods off at Net2Auction locations. Getting its customers in and out of its drop-off locations in less than five minutes, the company offers a full-service eBay listing program that requires almost no effort on the customers' part.
Currently undergoing rapid expansion, Net2Auction's growth is fueled by the increasing number of consumers who would like to sell unwanted goods on eBay but don't have the time, energy or know-how to do so.
Net2Auction - You bring it in. We auction it online.
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.
-------------------------------------------------------------------------------- Contact: Net2Auction Inc. Investor Relations, 800-450-1935 investors@Net2Auction.com www.Net2Auction.com
-------------------------------------------------------------------------------- Source: Net2Auction Inc.
Posts: 287 | Registered: Mar 2005
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posted
stnkng1, I got the same report in the mail yesterday. I heard about this a while back when there was a link on eBay. I agree, how can this not make money and California is the best place to start!
Posts: 1295 | From: New Jersey | Registered: Dec 2004
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posted
I just found this web site and I found it very interesting. I am serious about buying some of this nauc but would like some more feed back on it before Monday. So far I am a new investor (43 yr woman) and taking it slow. I bought some grgr several months ago at .13 it went up 1.28 in the past week but sold to early at .58 :-(. I could use some advise. I am interested in nauc, acup,amep,drvw. Anyone have advise. Thanks
Posts: 17 | From: Nevada | Registered: May 2005
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posted
I can acutally say this is a nice investment. Put your money in and watch her booommmm.... I heared the people from *************** dot com were the first to call it to the public.
Posts: 18 | Registered: May 2005
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