(PINKSHEETS: BZCN) Benefiting From $60 Billion Excess Inventory Market
BZCN | Quote | Chart | News | PowerRating -- BizAuctions, Inc., (PINKSHEETS: BZCN | Quote | Chart | News | PowerRating) announced yesterday that their
total eBay bids for the past 90 days has exceeded 12,000 bids.
BizAuctions, a Titanium Powerseller on eBay, is addressing the nearly
$60 billion dollar excess inventory issue that top companies face.
Businesses across all industries are dumping excess inventory during
these uncertain economic times. A recent survey by the U.S. Commerce
Department stated that companies nationwide have reduced inventory by
13.4% in the past year alone.
Several well known companies like Under Armour and Motorola are
selling overstocked inventory or excess inventory to third party
resellers. BizAuctions should prosper from other companies cutting
back inventory to bolster balance sheets.
Other active stocks are eBay Inc (NASDAQ: EBAY) Big Lots (NYSE:
BIG |
Quote |
Chart |
News |
PowerRating)
Interact Holding Group (PINKSHEETS: IHGP)
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