DALLAS, Aug 12, 2004 (BUSINESS WIRE) -- Auction Mills, Inc. (PINKSHEETS:AUML) previously announced a revised target price for its common stock from Market Advisors. For clarification, the Company requested that Market Advisors provide a new explanation about the upward revised target price as follows:

Jeff Helleberg, lead analyst for Market Advisors, recently stated, "We are pleased with the performance of Auction Mills, Inc. (AUML). Our initial report listed a short-term target price that was exceeded recently when the stock price reached the $5.00 level. Since then, the stock split 5 for 1, which reflects the current price now. We feel AUML can once test the levels it enjoyed prior to the stock split, especially since the most recent announcement that FedEx would be shipping their products, and that the number of inquiries to obtain franchises surpassed the Company's expectations, our new short-term target price of $4.875 could be reached."

This clarification of the prior release clearly states the new revised short-term target price of $4.875.

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.

I would like to apologize to you for giving you a bad time on some of your prior penny stock DD's. I think my ego got in the way of my common sense. You are one smart investor. I wish you luck in your future. I really am sorry.

Auction Mls Inc     (OTHER OTC: AUML) Last Update: 4:10:00 PM ET Aug 12, 2004  
 
Qualifying Process Begins for Auction Mills Franchisees

DALLAS, Aug 12, 2004 (BUSINESS WIRE) -- Auction Mills Inc. (Pink Sheets:AUML) is excited to announce the first part of September they will begin the qualifying process for potential franchisees. Auction Mills will first focus its qualifying efforts in the Dallas/Fort Worth and surrounding areas, followed by Texas and then across the nation.

Focusing on the Dallas/Fort Worth area will give Auction Mills a base from which to expand its efforts. In the Dallas/Fort Worth area there have been 39 requests for franchise information, which represents a potential of 193 franchises: 11 area developers (15 stores per area developer) and 28 single store requests.

For the State of Texas, Auction Mills has received 128 requests for franchise information representing a potential of 660 franchises: 38 area developers (15 stores per area developer) and 90 single store requests.

To date Auction Mills has received a grand total of 1517 requests for franchise information representing a potential of 9,469 franchises: 568 area developers (15 stores per area developer) and 949 single store requests.

The Auction Mills training facility is located at 2917 Elm Street, Suite C, Dallas, Texas, and will serve to prepare potential franchisees and area developers to enter into the online marketing business. The training will educate these potential franchisees and area developers 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.

DALLAS, Aug 18, 2004 (BUSINESS WIRE) -- Auction Mills Inc. (Pink Sheets:AUML) today is pleased to update its progress with regards to the Dallas headquarters located in Deep Ellum. Friends, shareholders and prospective franchisees are curious about the development of the flagship office that will be completed soon. The build-out is almost complete to accommodate the 100% increase in staff and 3,000-square-foot training facility. The training facility will familiarize franchisees with standardized methods of operation pertaining to online marketing and use of required equipment.

While many of Auction Mill's competitors have fragmented operations, the Company feels confident that it will reach the $4.875 target by quickly training and managing new franchise owners to efficiently utilize this exciting new opportunity in online marketing.

Due to the overwhelming response to franchise and investor inquiries, Auction Mills has established a new Corporate Communications Department that has been structured to offer a more expedient response to electronic and telephone inquiries. We have spoken to most of you that have called in person, and we are preparing an email distribution with franchise information for prospective franchisees, area developers and general inquiries.

Auction Mills is now accepting resumes for the following positions: Train-the-Trainers, Company Store Personnel and Call Center Customer Service. Please direct all inquiries to Human.Resources@AuctionMills.com or 214-747-2292, press 3.

The Auction Mills team will look forward to hearing from you soon to review the opportunities associated with franchise ownership.

I think their system is TOO EASY to be duplicated with too many independent dealers already in place doing similar things as well as the average Joe can sell his own things or with such ease as a friend do it for them. Why would anyone pay for thsi service?

I am a powerseller on Ebay and have been doing it parttime for over a 2 years. I only sell dropshipped items and never see an item myself so why would I want to pay for someone to do it?? Secondly on business point why would I pay to warehouse items for others for a minimal mark up of 20%? I believe if this was such an original and feasible concept just an opinion BUT dotn you think EBAY would have doen it? or since they are allowing others to do it what is their piece of the pie to ride their coat tails for he ads and marketing using the bay logo trademarks and name? Ebay offers schools for the sellers for all levels for free as well. Anything I have seen about this company has limited potential. I believe they can make it BUT not the numbers they are projecting. They will be copied and duplicated as soon as they open with mom and pop shops or a competitor like fast food which makes it difficult for all these forecasts to be acurate at all. The concept is good but too simple to be copied.

Many people like yourself do ebay themselves because:

1. They are not internet/computer-impaired (but many people are)

2. They know how to work a digital camera (but many people don't)

3. They know how to pack a box (but many people don't)

4. They're not lazy and stupid (but many people are)

Probably, when Mailboxes, etc. came along, people thought the same thing. "Why would I go to a store, when I can just mail the stuff myself?"

I don't know. I'm not very heavily committed financially, but heck, I'll hold on to some for a while. (I missed the pre-split days... crap.)

Oh, and it looks like AUML gets a lot more commission than what you mentioned.

$38 comm for $100 item

$266 comm for $1,000 item

Hey, can you post a link to where I can find out more about drop-shipping?

DALLAS, Aug 24, 2004 (BUSINESS WIRE) -- Auction Mills Inc. (Pink Sheets:AUML) partners with Infopia Inc. to launch dynamic new eBay consignment technology.

Infopia Inc. and Auction Mills Inc. plan to release Auction Mills Marketplace Manager(TM) in conjunction with the first round of company-owned stores scheduled to open in September.

Infopia is the developer of Marketplace Manager(TM) and specializes in providing innovative ecommerce solutions to retailers, manufacturers and eBay Power Sellers. Infopia brings years of eBay management, CRM and ecommerce and logistics experience to the partnership. eBay awarded Infopia the 2004 Innovative Developer of the Year at the recent eBay Live convention in New Orleans.

Auction Mills and Infopia have agreed to a channel partnership where Infopia will power the engine for the Auction Mills Web site infrastructure. This will allow area developers and franchisees to focus on the building of their business, rather than managing their backend systems.

"We are enthusiastic about the opportunity that Auction Mills has presented to our company. They are well-poised to capture significant market share in the auction consignment industry and have created a very exciting franchise opportunity," said Jalali Hartman, EVP of Product Development at Infopia in Salt Lake City, Utah. "Collaborating on this project to implement an inexpensive Web-based eBay and consignment management solution we believe we can dramatically increase the flow of collectibles and practicals onto eBay and ultimately increase the profits of each franchise owner."

"Our partnership with Infopia has allowed us to launch a comprehensive eBay consignment system for our franchise owners. Auction Mills franchise owners will be able to leverage an award-winning ecommerce platform that is tailored to meet their specific needs," said Michael Uskovich, CEO of AuctionMills. "Now franchise owners can get up and running quickly and easily, while managing their business anywhere they have a Web connection."

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

For more information about Infopia Inc. and the award-winning Marketplace Manager(TM) platform visit www.infopia.com.

SOURCE: Auction Mills Inc.

DALLAS, Sep 13, 2004 (BUSINESS WIRE) -- Auction Mills Inc. (Pink Sheets:AUML) has signed on as a corporate sponsor for the Ryan Gibson Foundation Charity Golf Classic, benefitting leukemia research, to be held Oct. 5, 2004, at the Four Seasons Resort & Club, home of the EDS Byron Nelson Classic. This year's honorary chairman is NBA superstar Spud Webb. Auction Mills joins an impressive list of corporate sponsors including, Stevens Transport, Premier Club, McCormick Distilling, Cyconic Golf, Capital Institutional Services, Andres Real Estate, CSI Coverage and notable Dallas restaurants Tei Tei and Teppo. Auction Mills has also formed a team for tournament play and its executives will participate in the event alongside 150 of Dallas' top business leaders, company owners and executives. Many of Auction Mills' employees and staff have also generously committed to volunteering their time on the day of the event. All money raised will go directly to the Ryan Gibson Foundation, which benefits leukemia research. For more information on the event and foundation, visit www.ryangibsonfoundation.org.

SOURCE: Auction Mills Inc.

DALLAS, Sep 13, 2004 (BUSINESS WIRE) -- Auction Mills Inc. (Pink Sheets:AUML) has an updated report on the current status of business. The greatest number of inquiries have been from the following states: Texas (Dallas, San Antonio and Houston), California (Los Angeles, San Diego and San Francisco) and nearly the entire state of Florida. Self-identified individuals are currently going through the second level of selection criteria as Prospective Area Developers and Franchisees and will soon receive a franchise application. Other states that are still at the serious first level of inquiry are Indiana, North Carolina, Massachusetts, New York and New Jersey. International inquiries under consideration have been from the United Kingdom, Australia, Portugal, Costa Rica and India.

Continued patience is appreciated while the final efforts are made to prepare for the opening of the first company stores to set the template for the roll-out for the future franchises. The training facility is now fully operational and we are readying for the first classes to begin within the week for the company stores staff.

The Company plans to expand its franchise operation within Texas and extend its corporate development nationally. The response from the public has shown that the online marketing strategy is of great interest to the public and Auction Mills Inc. is supplying services to meet the demand.

quote:

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Originally posted by sync2112:
Sure starting to shape up like a IBZT/QBID scam. The share price is crumbling and the management delays are coming on strong.

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Delays???? What did I miss?

Additionally, this is a new concept. Potential franchise owners have not been selected, only applications being reviewed.

I like a concept that doesn't allow just any untrained Joe run a shop.

Oh, GM, Ford, and Chrysler have dropped the last couple days. What a scam those companies are!!!!

And I suppose you ALWAYS make money on your investments.

Additionally, I did not say that I took only my original investment back. I just held some free shares.

I left on the table what I was willing to give back on a gamble. Do you know that Microsoft, Amazon, and several others used to be pink or OTC???

DALLAS, Sep 17, 2004 (BUSINESS WIRE) -- Auction Mills Inc. (PINK SHEETS:AUML) is proud to announce the opening of the flagship store located in McKinney, Texas, on Monday, Sept. 20, 2004. The Auction Mills management team will be on site working alongside store employees and welcomes the public to this historic occasion to meet and greet the management and the staff of Auction Mills.

The store's hours of operation will be 9:00 a.m. until 6:00 p.m. Monday through Saturday.

The opening of the McKinney store continues the fulfillment of the Company's business plan to develop within the state of Texas and then go national with this exciting franchise offering.

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.

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

DALLAS, Oct 06, 2004 (PRIMEZONE via COMTEX) -- Auction Mills Inc. (Pink Sheets:AUML) is proud to announce the successful openings of the first company-owned stores in Dallas and McKinney, Texas. Among general walk-in traffic, a large number of the majority of visitors to date have been business-to-business customers and investors. The recent partnering with Infopia continues to be on target with the companies projected timeline in preparation for franchise roll-outs in early 2005. Applications are continually being improved via the soft openings, and developments will continue as more customers bring their items in for sale, now that the stores are open for walk-in traffic.

The 5,000 franchise requests processed thus far have been edited down to a pre-qualified group of 14 Area Developers representing the following regions; two in northern California, three in southern California, two in Florida, three in Texas, one in Georgia, one in Mississippi, one in Indiana, and one in Massachusetts - representing a total commitment of 210 stores to be rolled out beginning in the first quarter of 2005. The UFOC is in the final stages of review in preparation for the Auction Mills Prospective Franchisee Expo planned for early December. The Grand Opening originally scheduled for mid-October has been pushed out to sync up with the Franchise Expo.

The company has recently expanded the following roles and responsibilities: CEO/Founder, Founder/McKinney Store Manager, Director of Marketing (Media Relations, Advertising, and Franchise Inquiries), Vice President of New Business Development, and Corporate Communications (Franchising Negotiations). Two new online auction experts have been hired, and they are working to upload all items for sale.

Forward-Looking Statements

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.

More information about Auction Mills Inc. and ownership opportunities are available at www.auctionmills.com.

HTML: http://newsroom.eworldwire.com/wr/100604/10676.htm PDF: http://newsroom.eworldwire.com/pdf/100604/10676.pdf ONLINE NEWSROOM: http://newsroom.eworldwire.com/2901.htm LOGO: http://newsroom.eworldwire.com/2901.htm

SOURCE: Auction Mills Inc.

DALLAS, Oct 22, 2004 (BUSINESS WIRE) -- Auction Mills, Inc. (Pink Sheet:AUML) has hired a nationally known franchising company to write the Corporate Operations Manual that is being constructed in conjunction with the UFOC currently under legal review.

The Prospective Area Developer Applications are being distributed at the end of this week.

Upcoming Stores listed on the website is undergoing review. The original locations listed were scheduled to be company-owned stores, but due to the overwhelmingly positive response received, the next slots will be exclusively for franchises. Soon the list will reflect Territory Reservations of the Prospective Area Developers. This is Phase I of the Area Developer franchise roll-out, Phases II and III are scheduled for Q3 and Q4 2005.

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 location: www.auctionmills.com.