Interesting reading regarding AUCI!
"WALL STREET CORNER"
BY WALLSTREETCORNER.COM, INC.
www.WallStreetCorner.com
Corporate Profile
Auctions International Inc.
Its Proprietary Software Enables Real-Time Auctions
Its Online Technology is Developed & Deployed
Its First Application is AutoBidLive.com
AutoBidLive.com is Launched & is
Already Transforming the
Used Car Market
Its Technology Platform is
Low-Cost, Scalable,
& Can Transform
Any Industry
Essentials
Business: Online Auction Technology
Symbol: Other OTC: AUCI.PK
Price (@ 12:54 p.m. 11/8/2007): $0.53
52-Week Range: $0.15 - $0.68
Volume by 12:54 on 11/8/2007: 51,475 shares
Average Volume (3m): 70,009 shares
Shares Authorized (at 6/30/2007): 50 million
Shares Outstanding (at 6/30/2007): 44 million
Approximate Float: 19 million shares
Comment
When eBay® introduced the world to online auctions over 10 years ago, it forever changed the global paradigm for buying & selling goods. AUCI, which began trading on 6/27/2007, has taken that successful Internet auction model to a whole new level – wholesale, that is. I appreciate the successful bidding process that eBay® has created. I like the fact that uses of their process get a feeling of winning a bargain on their terms. I’m rather impressed with AUCI management’s creation of an important addition to the online auction process. They are capitalizing on the emerging wholesale online auction market. AUCI has developed & is marketing a proprietary, state-of-the-art soft ware that enables real-time auctions to take place. Its technology is not just a “Buy it now” icon sitting on a web page; it’s a real-time bargaining floor that takes place over the Internet between qualified buyers & sellers. AUCI’s first tech application is AutoBidLive.com, which was launched on 8/21/2007. We feel it has the ability to transform the used car wholesale market. I suggest that you carefully check out this situation. In our opinion, it has the potential to do extremely well. We say that because of the huge markets it intends to serve.
What AUCI Is
AUCI is a technology-driven, multi-component online auction provider. Its proprietary technology should enable any number of different industries to generate substantial increases in sales, while cutting their costs & freeing up their time! AUCI’s first application AutoBidLive is already attracting major wholesalers in the ever growing used automotive market.
AutoBidLive.com
AutoBidLive establishes a new industry standard. It substantially reduces the time & communication gap between consumers, dealers, brokers, & wholesalers of pre-owned vehicles.
More than 9 million cars are sold at auction every year. Auctions are designed as neutral trading floors, offering security & integrity to all participants. In North America, there are over 66,000 car dealers trading over 3,000,000 vehicles per month from some form of auction.
The costs of trading vehicles, outside of the fees from the auction itself, are high. Exposure to vehicles is limited to space, time, & geographic location. It’s difficult to do well for the small operator. Auctions are usually set in large metropolitan centers that can be too expensive to travel to. The mom-and-pop auto franchise can’t afford lose its key employees over the course of several days.
AutoBidLive has a strategic alliance with a trusted provider of vehicle information - Carfax. AutoBidLive now provides free, on demand access to detailed Carfax Vehicle History Reports™ for all its members. Millions of consumers rely on Carfax, a wholly owned subsidiary of R.L. Polk & Co. Value-added services like this enable professionals to more accurately assess the condition of a car & its retail value before purchase.
Here’s a comparison between traditional auctions & AutoBidLive:
AutoBidLive has one price - $200 each for seller & buyer; $400 for every completed transaction. If say 250 transactions were complete every month, then AUCI would generate $100,000 in monthly revenues, or a $1.2 million revenue base within its first year of operations.
There are over 3,000 franchise dealerships currently operating in Canada & over 60,000 dealerships operating in the U.S. The average number of vehicles wholesaled per dealer per month is approximately 15, & the average transaction fee is $400.
The target markets are dealer-specific groups. Product markets include cars, trucks, vans, & recreational vehicles, & related services such as finance & insurance companies serving the automotive market. AutoBidLive provides a service that can grow very quickly as the wholesale automobile market grows.
To-date, AutoBidLive has signed over 60 North American dealerships as members to this growing online community. By bringing together geographically dispersed dealerships throughout North America, members can expand their sourcing of vehicles, leverage favorable exchange rates on the Canadian to U.S. dollar to grow margins, & complete transactions in regions that were previously uneconomic. The AutoBidLive site has attracted a number of U.S. dealerships from the states of Connecticut, Florida, Virginia, Maryland, Wisconsin, North Carolina, Massachusetts and New Hampshire. In Canada, dealer-members operate in the provinces of British Columbia, Manitoba, Ontario, Alberta, New Brunswick and Saskatchewan.
AUCI’s Market
The wholesale industry operates from a position of great financial strength & influence in the U.S. economy. In 2003, total sales of wholesaler-distributors reached $2.9 trillion. The industry employs one in 20 U.S. workers & contributes 7% to the United States’ Gross Domestic Product. Wholesale distribution also drives economic growth, contributing
25% of the total productivity gains in the U.S. economy during the past decade. AUCI’s technology potential is huge considering it can target multiple verticals & a virtually endless list of commodities still suffering from inefficient wholesale distribution. As with most technology-based Internet distribution & pricing model companies, once the technology is installed, more customers can be acquired at low-cost, creating higher margins.
Now that AUCI has launched AutoBidLive, it can demonstrate the way its technology works & start penetrating other verticals – any commodity for licensed/qualified wholesalers & their constituents. Once it begins that strategy, it should be capable of developing big gains in revenues, a good portion of which can go directly to the bottom-line. Its multiple verticals can include Aircraft, Apparel, ATVs, Art, Boats, Cars & Trucks, Electronics, Livestock, Construction Equipment, Office Supplies/Equipment, Jewelry, Furniture, Toys, & Trucks & Trailers, for example.
AUCI’s turnkey solution provides optimal marketing that maximizes profit potential, builds relationships, & diminishes costs for any wholesaler-distributor. Its advantages include:
• Right Now Purchasing Decisions & Responses
• Up-to-the-minute Sales Data & Pricing
• No hidden fees, only one transactional fee. If you don’t receive a bid, you don’t pay.
• High transactional volume & visibility across the enterprise
• Fraud-protection (registered, professionally licensed/qualified members-only)
• Source from Worldwide Manufacturers & Suppliers
• Decrease or Eliminate Dependence on Physical Auctions
• Decrease or Eliminate Time & Expense of Attending Physical Auctions
• Sell Surplus Assets, Liquidate Large Volumes of Product
• 24/7/365 Meeting Place Unlimited by Geographic Location or Time Zone
• Unlimited Potential to Expand Marketing & B2B Relationships
Recent News
11/5/2007 – AUCI entered into an industry alliance with uShip, Inc. (www.uShip.com), the first & largest online marketplace for shipping & moving. Over 70,000 transportation service providers are registered members of uShip's online marketplace. Members of AUCI's wholesale automotive real-time auction site AutoBidLive can list the vehicles they need shipped, & receive bids from uShip members. uShip members are feedback-rated service providers & include movers, carriers, transporters, van lines, freight brokers, & independent service providers.
uShip members save up to 80% compared to traditional shipping prices by matching freight & other large items with feedback-rated drivers, couriers, & movers, who can identify excess shipping & moving capacity along their routes in real time. "We are impressed with uShip's depth of experience & their ability to attract such a diverse & expanding network of providers in the transportation industry. The addition of innovative services, like uShip, are designed to minimize cost & maximize operational efficiencies along the supply chain for each AutoBidLive transaction," said Douglas Mann, CEO of AUCI. "Buyers are able to determine what the transportation costs are during the bidding process. This is industry leading & a huge benefit to facilitate the transaction."
On any given day, there are thousands of active shipments listed on uShip, representing millions of dollars of business. With high diesel prices, service providers have more incentive than ever to maximize capacity on every mile of a haul. uShip allows them to do this efficiently by providing the most accurate & detailed searches of any shipping services in the marketplace.
uShip CEO Matthew Chasen said: "uShip is excited to be working with AutoBidLive Auctions. The uShip Shipping Price Estimator is a turnkey solution that is ideal for online auction sites like AutoBidLive, as it provides buyers with real market data about shipping prices, allowing them to make more informed buying decisions for individual auctions."
10/11/2007 -- AUCI announced that its wholly owned subsidiary AutoBidLive signed its 50th car dealership to its real-time, online auction community. Serving only licensed automotive dealers & industry wholesalers, AutoBidLive is designed to create high visibility & transactional volume for any sized dealership, with the ability to move inventory & build a professional network to conduct business 24/7/365.
CEO Douglas Mann stated: “We are very pleased to reach our first milestone of 50 members, since launching AutoBidLive just under three months ago. By bringing together geographically dispersed dealerships throughout North America, our members can expand their sourcing of vehicles, leverage favorable exchange rates on the Canadian to U.S. dollar to grow margins, & complete transactions in regions that were previously uneconomic. Now that we are executing a North American marketing campaign to increase awareness of AutoBidLive, we expect to rapidly grow our membership base in the coming months."
The AutoBidLive site has attracted a number of U.S. dealerships from the states of CT, FL, VA, MD, WY, NC, MA, & NH. In Canada, dealer-members operate in the provinces of British Columbia, Manitoba, Ontario, Alberta, New Brunswick, & Saskatchewan.
10/7/2007 -- AUCI announced it signed its first American car dealership through its subsidiary AutoBidLive. The dealership is Midgette Auto Sales out of Harbinger, NC. General sales manager of Midgette, Craig Hjalmarson, said: "Being busy on the showroom floor or in operational meetings all day leaves little time for me to travel to auctions to find the best deals on pre-owned vehicles. AutoBidLive.com provides an online community that creates new efficiencies in the North American wholesale auction market. The strong Canadian dollar represents a real niche market for U.S. car dealerships. We anticipate accelerating our use of AutoBidLive to capitalize on this opportunity."
AUCI CEO Douglas Mann, said: "Our first U.S. dealership Midgette Auto Sales has since been joined by many other dealerships in the U.S. & Canada. We continue to sign on new members at a pace that exceeds initial expectations & are on track to have over 100 dealers by the end of the year."
10/1/2007 -- AUCI announced it signed its first Canadian car dealership, Kelowna Volvo/Hyundai based in Kelowna, BC. A member since July 2007, Adrian Wyant, general manager at Kelowna Volvo/Hyundai, is enthusiastic about the new auction site. He said: "I like the way the site makes it as easy as possible for dealers. Listing is a simple process; it takes only a few minutes to upload to the site since we have the pictures already. One feature that impresses me is the 'buy-now.' We use the (traditional) auctions & we buy online, but there's not a whole lot of opportunity to list vehicles so other dealers can buy right now without having to wait for an auction to start."
CEO Douglas Mann said: "The majority of Canadian auto dealers are eager to find a cost-effective solution to conduct wholesale trading. Added to this, the parity of the U.S. & Canadian dollars makes it more attractive for Canadian dealers to buy from the U.S. AutoBidLive provides high visibility & transactional volume for any sized dealership, with the ability to move inventory & build a professional, licensed, & qualified network to conduct business 24/7. We anticipate announcing other memberships in the coming weeks as we actively market the site in both Canada & the U.S."
Management Team
Dominic D’Antonio is director of AUCI & the founder & developer of AutoBidLive. He is uniquely qualified to drive his high-tech concept home to the used automotive market. He spent nine years in new & pre-owned vehicle sales & management. He was top sales associate for Mercedes Benz & BMW, responsible for used car sales increases of over 300% & has taken dealerships to the top ranks of customer service. He holds a degree in mechanical engineering as well as an engineering drafting diploma. As founder of AutoBidLive’s technology, he realized he could impact other industries with his flexible IT architecture, scalable nature, & real-time platform.
Douglas G. Mann is president & CEO. He was instrumental in developing & managing the company’s proprietary software. Prior to joining Auctions International in 4/2006, he spent 20 years in the financial services industry. He spent nearly a decade as a financial advisor with two national brokerage firms, & was instrumental in co-founding a software company in 1998. He is an experienced sales & marketing professional with an entrepreneurial spirit capable of managing hands-on growth of emerging technology companies. He has developed a unique understanding of the needs of the markets in the U.S. & Canada. He has developed an extensive & diverse network of business contacts & has formed many strategic alliances over the years. He believes that even the most adversarial situations present a win-win opportunity. Based in Kelowna, B.C., Canada, he is able to provide round the clock liaison with clients.
Dean Johnson is secretary treasurer. He has over 16 years of business experience running corporate structure & daily operations. Over 10 Canadian companies owe their existence, from initial capitalization to corporate structure & operations to him. His post-secondary education includes a Bachelor of Administration degree & an Advanced Bachelor of Arts Degree in economics. He has held a Certified Management Accountant designation for over 13 years, which has led him into the roles of CFO, CEO, & president of many of the corporations which he has helped. In the technical arena, he is an accomplished computer programmer & has financial experience running from treasury to handling multi-million dollar investment funds for corporations. His information security environment experience has allowed him to design processes & analyze data for banks & transaction companies, as well as security sensitive government departments.
Rob Ouellette is CTO. He has more than nine years of data management experience, working in the world of communications. He has substantial experience managing application developers as well as in database architecture, development, & administration. He has been involved in the development & management of a variety of high profile projects, including a monstrous project designed to map & document a national fiber optic web. He creates strategies for methods of ensuring that data is accessible, understandable, & most of all protected from being compromised.
Financial Status
AUCI is just now entering its commercialization phase. When its published financials reflect its AutoBidLive.com growth, we will alert you with coverage in Larry’s editorial columns & via his email alerts. If you do not as yet get his email alerts, just ask him via his email address – up415@aol.com – no cost of course.
Our Opinion
We really like the appreciation potential of this situation. The market is huge, & AUCI’s online auction technology is already developed & deployed on AutoBidLive. With minimal financial & capital outlay, AUCI can serve nearly limitless transactions every month on AutoBidLive. We like the fact that AUCI, once it has demonstrated a few quarters of successful operation with AutoBidLive, should be able to penetrate other industries. In our opinion, its virtual solutions have the potential to help just about any wholesale market conduct its business more efficiently.
The sheer volume of commodities that can transpire via the AUCI technology platform could propel AUCI into today’s most compelling web-based solution provider. Take for instance the online jewelry sales market, which generates $160 billion worldwide; & $57 billion in the U.S. By implementing AUCI’s auction technology, jewelry wholesalers can source from around the world, getting deals left & right & center, like never before! & since the market is in the billions, AUCI could get transactional fees in the millions.
According to Forrester Research, online auction sales will grow to $54.3 billion -- or 25% of total U.S. online retail sales -- in 2007. Retailers, portals, & vendors are working to legitimize the format & attract as many consumers as possible to fuel online growth. We feel that proprietary technology that can create a fair trading ground between wholesale buyers & sellers will be in high-demand.
Contact
AUCI is located at 1005 Terminal Way, Suite 110, Reno, Nevada 89502, & at 105-4074 Gellatly Road, Westbank, BC, Canada V4T-2S8
Call 866-503-AUCI -- Email: info@auctionsir.com – or their IR firm, OTC Financial Network, 300 Chestnut Street, Suite 200, Needham, MA 02492 -- 781-444-6100 x625.
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THEKOOKBOOK 12/11/2007 10:12:15 AM 
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