Weeklyoptionplays
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its talking abt economic slump and no of biddings/item, previously it used to be fewer bids/item and due to economic slump they didnt see as much sales they anticipated
>Due to economic conditions in the United States, BizAuctions has seen fewer customers bidding on and purchasing products through the Company’s eBay business model that has forced down the purchase price of some products, particularly in the electronics field. This overall economic slump and fewer customers produced a significant decrease in the Company revenues for the calendar year ending 2009, and the 1st, 2nd and 3rd quarters of this calendar year, 2010.
>
inventory back up to 306+ from 170 this morning.130+ items added wowwwwwwwww
this from dec 4 2010
So far 132 items added to Ebay Inventory on Jan 9th and still growing
http://stores.ebay.com/BusinessAuctions-Inc/_i.html?rt=nc&_sc=1&_sid=14334311&_sop=10&_trksid=p4634.c0.m14.l1513&_pgn=
BZCN Ebay Inventory getting refilled almost every day
Jan 9th-78 items added
Jan 6th - 29 items added to Inventory
Jan 5th-29 items added
Jan 4th-49 items added
Jan 3rd-2 items added
Jan 2nd-51 items added
http://stores.ebay.com/BusinessAuctions-Inc/_i.html?rt=nc&_sid=14334311&_sop=10
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58581093
BZCN Jan 1st week Ebay sales to exceed 40k+
BZCN Dec Ebay sales 174k
From Q 4 Filing:
BizAuctions operates out of its office-warehouse in Otay Mesa, CA, a suburb of San Diego, CA. We are currently providing liquidation services to retailers in California and Arizona. Over the past several years, we have created and refined an efficient business model that will allow for expansion and growth in good economic times. The current operational capacity has the ability to handle much more business that is limited to the Company purchasing power and current economic conditions. BizAuctions goal is to have operations strategically placed throughout the U.S. to accommodate our growth and demand for BizAuctions products and services.
BizAuctions opened an Outlet store in its current office-warehouse in Otay Mesa, CA during the 3rd quarter in order to sell its name brand general merchandise, appliances, household items, and some electronics, and clothing. The Outlet store has seen significant growth in terms of sales in the first 47 days of operations and is building a loyal customer base that is expanding rapidly due to the name brand merchandise that is available at prices far below retail prices.
BizAuctions formed a Joint-Venture with La Jolla Liquidation & Auction Co., during the 2nd quarter, to assist in the liquidation of furniture, fixtures, and equipment from the renovation of the Tropicana Hotel & Casino in Las Vegas, Nevada, estate sales, and other liquidation projects that were presented to La Jolla Liquidation & Auction Co.
BizAuctions began listing products on Amazon.com during the 1st quarter of 2010 to gain a new demographic of customers. The Company has listed a selection of higher-end electronics on Amazon to learn more about the Amazon platform, the demographics of their customers, and the pricing levels for various products. We have found through a minimal number of listings sold on Amazon, the sale prices of some electronics are approximately 10% higher than on eBay. The Company will continue to list on 9
BizAuctions, Inc.
(formerly Kootenai Corp.)
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
NOTE A – SUMMARY OF ACCOUNTING POLICIES (CONTINUED)
Business and Basis of Presentation-(Continued)
Amazon specific electronics and will over-time increase the amount of items to be listed and sold on the Amazon platform.
BizAuctions opened a retail store, Lucky 7’s, in Chula Vista, California at the Chula Vista Center mall in May, 2009 in order to sell its brand name clothing products in anticipation of realizing higher prices. The retail shop will also provide an outlet for some of its general merchandise that would be more specific to sales from foot traffic versus selling through the Company’s eBay or Amazon business model. The Lucky 7’s store had continued to increase its customer base and sales since the opening. (For additional information see Subsequent Events Note-L of this report.)
BizAuctions sales volume and revenue had increased since the inception of the Company through calendar year 2008, as the Company capitalized on the constant demand of a loyal, growing, and satisfied customer base. Due to economic conditions in the United States, BizAuctions has seen fewer customers bidding on and purchasing products through the Company’s eBay business model that has forced down the purchase price of some products, particularly in the electronics field. This overall economic slump and fewer customers produced a significant decrease in the Company revenues for the calendar year ending 2009, and the 1st, 2nd and 3rd quarters of this calendar year, 2010.
The Company entered into an addendum to the Lease Agreement (“Lease”) with Mars Enterprises, Inc. on May 27, 2010 for the Option years, and for the premises located at 1510 Corporate Center Drive, Otay Mesa, CA., 92154, a suburb of San Diego, CA. The premise governed by the lease is a free-standing industrial office-warehouse space consisting of approximately 21,193 square feet. The Lease term for the Option years is for two (2) years, and at the following sq. ft. prices;
Option Years
1510 Corporate Center Drive from October 17, 2009 through October 17, 2010 is $13,433 with cam charges of $3,231. 21
BizAuctions, Inc.
(formerly Kootenai Corp.)
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
NOTE J– COMMITMENTS AND CONTINGENCIES-(CONTINUED)
1510 Corporate Center Drive from October 17, 2010 through October 17, 2011 is $13,903with cam charges of $3,231.
The Lease was guaranteed by Delmar Janovec.
The Company has made a security deposit on the lease totaling $20,971. Minimum future rental payments for the option years under the addendum to the lease for the remainder of this calendar year 2010, is $47,500.
BZCN biddings/item have increased to 10/item and Sell through to 70-80% mark in Dec 2010 / Jan 2011
BZCN Ebay Sales Jan 2-5th $28,186.5
Sell through 82% Avg of 11 bids/item
Total Sales $24,5104
Total Sales after shipping & Handling 28,186.5
Total Listings 227
Successful Listings 187
Total Bids 2,477
Items Offered 252
Items Sold 195
Bids per Listing 10.91
Sell-Through 82.38%
Jan 1st-Holiday
BZCN Ebay Sales Jan 2-5th $28,186.5
Sell through 82% Avg of 11 bids/item
Total Sales $24,5104
Total Sales after shipping & Handling 28,186.5
Total Listings 227
Successful Listings 187
Total Bids 2,477
Items Offered 252
Items Sold 195
Bids per Listing 10.91
Sell-Through 82.38%
Jan 1st-Holiday
BZCN Ebay Sales Jan 2-5th $28,186.5
Sell through 82% Avg of 11 bids/item
Total Sales $24,5104
Total Sales after shipping & Handling 28,186.5
Total Listings 227
Successful Listings 187
Total Bids 2,477
Items Offered 252
Items Sold 195
Bids per Listing 10.91
Sell-Through 82.38%
Jan 1st-Holiday
BZCN Ebay Sales Jan 2-5th $28,186.5
Sell through 82%
Total Sales $24,5104
Total Sales after shipping & Handling 28,186.5
Total Listings 227
Successful Listings 187
Total Bids 2,477
Items Offered 252
Items Sold 195
Bids per Listing 10.91
Sell-Through 82.38%
Jan 1st-Holiday
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58512804
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58559534
nope,they just increased AS to 20B in November float is around 6b.Last time they increased AS to 10B in 2008 and 2 years have gone by with that AS, now with nov 2010 AS increase we are good for another 2 years imo. Good thing is they are reinvesting money into company, March year end filings will give an idea how much company has grown.
IMO things to watch out
2nd store opening in feb
filings in March
store sales growth from feb
ebay monthly sales numbers
Date|Symbol|ShortVolume|TotalVolume|Market
20110107|BZCN|27850000|108990129|O
28M shorted on Jan 7th.
52 items on sale on sunday(01-09-2010) with bids on 43 items worth 4.6k+
IMO Pr next week on 2nd store and in 3rd week pr of Jan 2 weeks outlet store sales
IMO BZCN management will be focussing more on 2nd store opening and advertising in coming days, this may divert them a bit from adding more inventory in ebay.
i dont know who will short at these levels and seeing day to day sales increase of bzcn, i have seen 44m shorts yesterday. so shorting and 5th digit trade maskings keeping this at 2/3 range for longtime.
hows l2 looking like.
hmm i will try for some at 2's that will get my avg to 4's. this will be anywhere to 10-20 bagger during this year.
ebay+2 stores from february cant wait where this will go in coming days.
20110106|BZCN|44400000|141608688|O
44M shares shorted yesterday
BZCN Ebay Inventory getting refilled almost every day
Jan 6th - 29 items added to Inventory
Jan 5th-29 items added
Jan 4th-49 items added
Jan 3rd-2 items added
Jan 2nd-51 items added
http://stores.ebay.com/BusinessAuctions-Inc/_i.html?rt=nc&_sid=14334311&_sop=10
BZCN Jan 1st week Ebay sales to exceed 40k+
BZCN Dec Ebay sales 174k
BZCN Ebay Inventory getting refilled almost every day
Jan 6th - 29 items added to Inventory
Jan 5th-29 items added
Jan 4th-49 items added
Jan 3rd-2 items added
Jan 2nd-51 items added
http://stores.ebay.com/BusinessAuctions-Inc/_i.html?rt=nc&_sid=14334311&_sop=10
BZCN Jan 1st week Ebay sales to exceed 40k+
BZCN Dec Ebay sales 174k
BZCN Ebay Inventory getting refilled almost every day
Jan 6th - 29 items added to Inventory
Jan 5th-29 items added
Jan 4th-49 items added
Jan 3rd-2 items added
Jan 2nd-51 items added
http://stores.ebay.com/BusinessAuctions-Inc/_i.html?rt=nc&_sid=14334311&_sop=10
BZCN Jan 1st week Ebay sales to exceed 40k+
BZCN Dec Ebay sales 174k
No Problem, pass on BZCN ticker for freinds
slap that ask lets move to 4
PR about new store, Jan outlet store sales due next week
29 Items added to Ebay Inventory on Jan 6th.So the inventory is getting refilled everyday. Nice job BZCN.
http://stores.ebay.com/BusinessAuctions-Inc/_i.html?rt=nc&_sid=14334311&_sop=10
BZCN Ebay Inventory getting refilled every day
Jan 5th-29 items added
Jan 4th-49 items added
Jan 3rd-2 items added
Jan 2nd-51 items added
hope you feel better soon.
Failure to Deliver Information for 2010
SETTLEMENT DATE CUSIP SYMBOL QUANTITY (FAILS) DESCRIPTION PRICE
20100104 09178V108 BZCN 460148 BIZAUCTIONS INC COM STK 1
20100111 09178V108 BZCN 732223 BIZAUCTIONS INC COM STK 1
20100112 09178V108 BZCN 100000 BIZAUCTIONS INC COM STK 1
20100113 09178V108 BZCN 100000 BIZAUCTIONS INC COM STK 1
20100119 09178V108 BZCN 1713289 BIZAUCTIONS INC COM STK 1
20100120 09178V108 BZCN 369940 BIZAUCTIONS INC COM STK 1
20100129 09178V108 BZCN 1176635 BIZAUCTIONS INC COM STK 1
20100205 09178V108 BZCN 164307 BIZAUCTIONS INC COM STK 1
20100208 09178V108 BZCN 164307 BIZAUCTIONS INC COM STK 1
20100209 09178V108 BZCN 164307 BIZAUCTIONS INC COM STK 1
20100218 09178V108 BZCN 116838 BIZAUCTIONS INC COM STK 1
20100222 09178V108 BZCN 94372 BIZAUCTIONS INC COM STK 1
20100323 09178V108 BZCN 20691220 BIZAUCTIONS INC COM STK 1
20100330 09178V108 BZCN 12053206 BIZAUCTIONS INC COM STK 1
20100331 09178V108 BZCN 999980 BIZAUCTIONS INC COM STK 1
20100401 09178V108 BZCN 999980 BIZAUCTIONS INC COM STK 1
20100405 09178V108 BZCN 999980 BIZAUCTIONS INC COM STK 1
20100406 09178V108 BZCN 24036572 BIZAUCTIONS INC COM STK 1
20100421 09178V108 BZCN 12305889 BIZAUCTIONS INC COM STK 1
20100426 09178V108 BZCN 6490802 BIZAUCTIONS INC COM STK 1
20100427 09178V108 BZCN 9976 BIZAUCTIONS INC COM STK 1
20100428 09178V108 BZCN 9976 BIZAUCTIONS INC COM STK 1
20100429 09178V108 BZCN 9976 BIZAUCTIONS INC COM STK 1
20100506 09178V108 BZCN 48352279 BIZAUCTIONS INC COM STK 1
20100507 09178V108 BZCN 29065267 BIZAUCTIONS INC COM STK 1
20100510 09178V108 BZCN 735517 BIZAUCTIONS INC COM STK 1
20100511 09178V108 BZCN 2735517 BIZAUCTIONS INC COM STK 1
20100512 09178V108 BZCN 399492 BIZAUCTIONS INC COM STK 1
20100513 09178V108 BZCN 835517 BIZAUCTIONS INC COM STK 1
20100517 09178V108 BZCN 26861105 BIZAUCTIONS INC COM STK 1
20100518 09178V108 BZCN 32089938 BIZAUCTIONS INC COM STK 1
20100519 09178V108 BZCN 21548625 BIZAUCTIONS INC COM STK 1
20100521 09178V108 BZCN 97923 BIZAUCTIONS INC COM STK 1
20100601 09178V108 BZCN 43901749 BIZAUCTIONS INC COM STK 1
20100602 09178V108 BZCN 15838575 BIZAUCTIONS INC COM STK 1
20100611 09178V108 BZCN 188922 BIZAUCTIONS INC COM STK 1
20100614 09178V108 BZCN 188922 BIZAUCTIONS INC COM STK 1
20100617 09178V108 BZCN 25000 BIZAUCTIONS INC COM STK 1
20100618 09178V108 BZCN 10171400 BIZAUCTIONS INC COM STK 1
20100625 09178V108 BZCN 1040516 BIZAUCTIONS INC COM STK 1
20100628 09178V108 BZCN 2057400 BIZAUCTIONS INC COM STK 1
20100629 09178V108 BZCN 3258067 BIZAUCTIONS INC COM STK 1
Ibox is updated with Outlet Store photos and Sales Information.
Jan 6th, 66 items on sale today which include 53 tvs,with 79% sell through today only 14 items with no bids rest 52 items have bids.
BZCN Ebay Inventory getting refilled almost every day
Jan 5th-29 items added
Jan 4th-49 items added
Jan 3rd-2 items added
Jan 2nd-51 items added
closed at 3's great
any mm on 4's?
great,lets get more ask slap
hit those 3's.
40k+ imo very much near to 50k sales in Jan 1st week.
140m volume already 2 more hrs to go. looks like 200m day
Its not only me who ever buys and holds at these levels will see Life changing gains on BZCN this year, just 1 yr that we all need to be collective and pass on good numbers/progress bzcn is doing. iam passing bzcn ticker to all my freinds.
53 tvs with bids on sale tonight 15k+ sales easy
33 LCD/LED tvs
stores.ebay.com/BusinessAuctions-Inc/Televisions-/_i.html?rt=nc&_fsub=1296178011&_sid=14334311&_trksid=p4634.c0.m14.l1513&_pgn=1
20 As is TVS
http://stores.ebay.com/BusinessAuctions-Inc/Televisions-/_i.html?_fsub=1329693011&_sid=14334311&_trksid=p4634.c0.m322
how about mm on ask.
selling has stopped ready to move up.