|
BIZAUCTIONS, INC Stock Symbol :: BZCN |
|
|
BIZAUCTIONS, INC (BZCN) BizAuctions, Inc., enables commercial enterprises to liquidate excess inventory on eBay. | |||||||||||
BizAuctions, Inc. 3440 E. Russell Rd. Suite 217 Las Vegas, NV 89120 Phone: 702-214-4221 Fax: 702-214-4249 http://www.bizauctions.com |
· Liquidity Services Inc. (LSI) is an online auction marketplace for wholesale, surplus and salvage assets. The Company enables buyers and sellers to transact in an automated online auction environment offering over 500 product categories. NASDAQ:LQDT Recent Price:$7.45 · Overstock.com, Inc. is an online closeout retailer offering discount brand name merchandise, including bed-and-bath goods, home decor, kitchenware, watches, jewelry, electronics and computers, sporting goods, apparel, and designer accessories, among other products. It operates as part of its Website an online auction site, a marketplace for the buying and selling of goods and services. AMEX:OSTK Recent Price: $9.35 · Big Lots, Inc. through its wholly owned subsidiaries is a national broadline closeout retailer. As of February 2, 2008, the Company operated a total of 1,353 stores in 47 states. The Company’s merchandising categories include Consumables, Home, Furniture, Seasonal, and Other. The Consumables category includes food, health and beauty, plastics, paper and pet departments. NYSE:BIG Recent Price: $13.48 |
| Current Projects |
 |
BizAuctions Sales Listings Increase by 14% for November 2008 BizAuctions, Inc. recently announced that its items listed for sale on eBay during the month of November 2008 increased by 14% over listings posted for October 2008. These items, such as big screen TVs, digital cameras, and other electronics, included excess inventory and returned goods which the Company acquired through liquidation projects for its clients. BizAuctions posted 3,586 item listings on eBay for the month of November, which represents an increase of 443 listings. |
BizAuctions Lands New Contract to Provide Liquidation Services BizAuctions, Inc. recently announced that it has landed a new contract to provide liquidation services to a California-based home products company. The client company sells high-end home products such as lamps, tables, and other types of lighting products. Under the agreement, BizAuctions has been brought on to liquidate excess and closeout inventory. With the excess inventory market near $60 billion, BizAuctions is targeting an enormous market and business opportunity while helping companies solve one of their greatest problems. |
| Company Overview |
BizAuctions Inc., (OTC.PK:BZCN) BizAuctions, Inc. is a prime provider of commercial eBay liquidation services for excess inventory, overstock items, and returns for retailers, manufacturers, and distributors. Their clients have included some of the Nation’s leading retail names at the forefront of their industries. Their solutions address one of the greatest problems of retailers and manufacturers: excess inventory. With excess inventory estimated to be a $60 billion drag on the U.S. economy, they are a full-service provider of liquidation services through eBay. While excess inventory, returns, and overstock items continue to plague the Nation’s retailers and manufacturers, they are committed to providing their clients with an easy, efficient, and lucrative channel for liquidation through eBay. They provide their clients with a new sales channel to generate additional revenue on excess inventory, while at the same time freeing up valuable storage and retail space. BizAuctions employs two primary business models, whereby it liquidates inventory through eBay on consignment for a lucrative commission; and/or it purchases inventory at a fraction of retail price for the purpose of liquidating it for a profit. They consign, they buy, and they liquidate through eBay! Their operations are designed for maximum capacity, and they can handle most any inventory liquidation project. Whether the client is a Fortune 500 company with 1,000 items or a small business with 100 items, they can have the capacity to take on most any project and recover funds from their clients. With a long-term strategy to provide eBay liquidation services to Fortune 1000 enterprises, BizAuctions is a clear and lucrative solution for most any business to liquidate its excess inventory through eBay. Their eBay Liquidation Services Involve Three Major Steps 1 - They contract with clients and send trucks to pick up pallets of excess inventory, returns, or overstock items. 2 - From their facility, their highly trained staff uses software systems to liquidate the inventory through eBay . 3 - They collect payment from the sale of excess inventory BizAuctions is a full-service provider. Their operations are designed for maximum capacity, and they can handle most any inventory liquidation project. Whether the client is a Fortune 500 company with 1,000 items or a small business with 100 items, they can take on most any project and recover funds from their clients. Detailed steps include:
BizAuctions Fees Their consignment services cost nothing unless they sell the inventory. There is no setup fee or upfront fee for using their service, and it allows clients to fully leverage their excess inventory to increase revenue and generate additional cash flow. A commission is only charged when the inventory sells. They work with clients to establish a pricing structure for their inventory that will generate interest and activity in the eBay auctions. If the inventory does not sell in the first seven-day listing, they will re-list the items for a second time. When the inventory sells, they collect a flat 30% commission on the final sales price. Clients keep 70% of the total sale price Sample Sales Revenue Chart
Delmar Janovec, President, Chairman, CEO, Secretary |
| Market Snapshot |
|
| News |
|
No News Releases Found. |
Disclaimer:
OTC Reporter.com, LLC is an independent electronic publication, which provides industry data and information on publicly traded companies for the use of our readers. All material herein is information supplied by the company or other sources believed to be reliable. The information contained herein is not guaranteed by OTCReporter .com , LLC to be accurate, and should not be considered to be all-inclusive. The company that is discussed in this profile has approved the statements made in this profile. This profile contains forward-looking statements that involve risks and uncertainties. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward looking statements. Statements in this press release about the company's future expectations other than historical facts, are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, section 21E of the Securities Act of 1934, as that term is defined in the Private Securities Reform Act of 1995. . Investors are cautioned that any information in this communication contains certain such forward-looking statements that involve substantial risks and uncertainties. When used, the words "anticipate," "believe," "estimate," "expect," and similar expressions, as they relate to the company or its management, are intended to identify such forward-looking statements. The company's actual results, performance or achievements could differ materially from the results expressed in, or implied by, these forward looking statements. Such "forward-looking statements" are subject to risks and uncertainties set forth from time to time in the company's SEC reports that could cause results to differ materially from those expressed or implied include, but are not limited to, the results of future tests and the availability of funding for additional research and development. This material is for informational purposes only and should NOT be construed as an offer or solicitation of an offer to buy or sell any securities. OTCReporter .com , LLC may liquidate any securities issued when deemed appropriate to do so. Such liquidation may have a negative impact on the securities being liquidated. OTCReporter .com , LLC is not a licensed broker, broker dealer, market marker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.otcreporter.com. OTCReporter.com, LLC and/or its affiliates have received eighteen million free trading shares. eighteen million free trading shares have been sold. OTCReporter.com, LLC’s affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this profile and may profit in the event those shares rise in value. OTCReporter.com, LLC does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.