"Currently the inventory is extremely low. You have 2 lots with only 4 cars each on them. Sales people have to be jumping ship. They can't be generating many sales at all. Auction numbers have been slipping."
Could you please point to exactly where it says two car lots with four cars each? Because the company has been reporting four lots with dozens of vehicles.
Also which PR and which website says "Sales people have been jumping ship?"
Where do you see "auction numbers slipping?"
Please be specific about the sources for this information.
Here is what the company claims:
NowAuto Announces Record Auto Sales of 341 Vehicles for September Up 15% from August
NowAuto Group (OTC Bulletin Board: NAUG), which owns four auto dealerships in the Southwest and is a Tier I provider of Navicom GPS and GSM products and the Navicom GPS network, today announced results for September auto sales. NowAuto sold 341 vehicles in the month of September, an increase of 15% from the previous month of August.
The auto sales are broken down by locations
Phoenix, Arizona: 207 vehicles, up 6% from August. Sunburst Car Co. 3777 NW Grand Ave., Phoenix, AZ
Mesa, Arizona: 73 vehicles, up 38% from August. 1366 W. Broadway, Mesa, AZ
Tucson, Arizona: 46 vehicles, up 35 % from July. 2345 S. Craycroft, Tucson, AZ
Tempe, Arizona: 15 vehicles, up 7% from July. 814 N. Scottsdale Rd., Scottsdale, AZ
"We are pleased with our results for September. We have seen increased traffic for the auto dealerships as the NowAuto.com name gets a stronger reputation. NowAuto has found a niche market that we will continue to develop. In October, we will have 5 Saturday auto auctions up from the 4 that we had in September." Said Scott Miller, CEO
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