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AUCI.PK-Auctions Intl. Inc. made new high today!!

Started by penny-trader0214, November 02, 2007, 01:37:19 PM

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penny-trader0214

About Auctions International Inc.

Auctions International Inc. is a publicly traded company that is focused on implementing the technology of its proprietary software to enable 24/7 virtual live auctions for all products and commodities around the world. This process will include acquiring companies and licensing software to companies in various markets.

Through its wholly owned subsidiary AutoBidLive, Auctions International Inc. is set to bring together over 65,000 North American licensed pre-owned auto dealers into a dynamic online auction reducing their dependence on physical auctions. By utilizing state-of-the-art technology, dealers can make bids in real time, move inventory, and search and buy vehicles specific to consumers' needs. For more information, visit http://www.autobidlive.com.

In addition to online automobile auctions for the wholesale market, Auctions International Inc. has identified multiple commodity verticals, which could benefit from its leading-edge online auction technology platform. Additional information about Auctions International Inc. as well as corporate structure and stock capitalization can be viewed on the Company's website at www.AuctionsIR.com.

Estimated Market Cap
24,640,000 as of Nov 1, 2007

Outstanding Shares
44,000,000 as of Aug 28, 2007

Authorized Shares
50,000,000 as of Aug 31, 2007

Number of Share Holders of Record
83 as of Aug 31, 2007

Float
19,000,000 as of Aug 31, 2007

Auctions International, Inc.
PO Box 2041 Stn R
Kelowna, BC V1X 4K5
Canada
http://www.auctionsintinc.com/
Phone: 250-317-8885     
Fax: 250-707-0860
E-mail: [email protected]

dmxbr9

#1
I just came across this stock today, right before I logged off CarFax news caught my eye. I posted some news links. Going to get a position tomorrow, but let me know what you guys think. Doing some DD now


Auctions International Forms Strategic Alliance With CARFAX
Dec 4, 2007 4:30:00 PM
http://biz.yahoo.com/iw/071204/0335873.html

Auctions International Inc. Enters Into Alliance With NXGen Inc. for Joint Marketing of Bundled Services to Dealers
Marketwire (Tue 10:00am)
http://biz.yahoo.com/bw/071204/20071204005469.html?.v=1

Auctions International Inc. Issues Progress Report to Shareholders
Marketwire (Thu, Nov 29)
http://biz.yahoo.com/iw/071129/0333515.html

OTCBB listing News
http://news.moneycentral.msn.com/ticker/article.aspx?symbol=US:AUCI&feed=PR&date=20070816&id=7337096

stock.gold

All I can say is WOWOWOW!!!

The CarFax new is Huge!!!  That is not including the alliance with NXGen.  I have been keeping this on watch for a few weeks but I am definitely going to grab some tomorrow.  We may never see it this cheap again.  I highly suggest everyone to really look into this.  I think this could be very special.

stock.gold

DMXBR9 - so you think the uplist to the OTCBB will happen pretty quickly?

stock.gold

I don't think we will stay at this price very long.  Any opinions?  I think we might see .60 by the end of the week.

dmxbr9

Stock.Gold yes, i believe that we are close to the move to OTCBB. It does not happen over night although im sure the company will update us in the near future about it.  They have been so informative thus far. 

smile-maker

Auctions International Forms Strategic Alliance With CARFAX
Tuesday December 4, 4:30 pm ET

KELOWNA, BC--(MARKET WIRE)--Dec 4, 2007 -- Auctions International Inc. (Other OTC:AUCI.PK - News), a technology company that owns and markets proprietary software to enable real time online auctions of virtually any product or commodity for use by the wholesale market, announced today a strategic alliance with CARFAX, Inc. to improve its online auction process. Now, wholesale buyers and sellers can view CARFAX Vehicle History Reports(TM) directly from the vehicle listings to more accurately assess a car's condition and retail value. Dealers can also purchase CARFAX Vehicle History Reports through Auctions International's www.AutoBidLive.com website.
ADVERTISEMENT

"Our decisive choice to integrate CARFAX Vehicle History Reports ensures our customers will have access to one of the central aspects of our business today -- vehicle history information," said Doug Mann, President & CEO of Auctions International Inc. "AutoBidLive is now one of the premier online marketplaces to buy and sell wholesale vehicles. We're extremely excited about this enhancement to our services and the added benefits it gives our customers."

Dealers can buy and sell cars faster and with greater confidence to meet their customers' needs using AutoBidLive's enhanced services. Free CARFAX Vehicle History Reports are available for vehicles wholesaled on AutoBidLive by CARFAX-subscribing dealers and qualifying vehicles will come with the CARFAX Buyback Guarantee.

"Wholesale buyers inherently have questions about vehicles sold at auction," said Larry Gamache, communications director at CARFAX. "CARFAX Vehicle History Reports help buyers answer many of those important questions -- like ownership history, mileage and branded title information -- that otherwise may go unanswered. Dealers feel more confident in their wholesale purchase and in the car's value on the retail market."

dmxbr9

AUCI teaming up with CarFax is huge!  Not only will company get great exposure from this deal, the the clients will feel more confident that they can instantly get a carfax on the car they are watching

stock.gold

I agree that once more people take notice of this company that they will realize how huge the CarFax news real is.  Imo, this is only the beginning of some big news that will come later on.

stock.gold

I ran some interesting #'s on the company and came up with this.

- Assuming the company grows to only 700 dealers, only 1% of the over 70,000 dealers in North America.

-700 Dealers - 1% of the North American Dealer Market
- 4200 Cars/month = 6 cars per dealer per month
- $20 mill net profit based on avg industry auction fees $200 for buyer and $200 for seller
$7/sh valuation using industry standard PE ratio of 15.
- These numbers do not include other revenue streams from other commodities, etc.

dmxbr9

those numbers are impressive, unbelievable if this company ONLY grasps 1% or 700 dealers. They probably have half of that going on right now.

Remember this is a ground floor company. The management has been very proactive and effective within the last couple months to get off the floor. Great opportunity here imo

dmxbr9

they are in the process of moving to the OTCBB.  This company is most going to be a fully reporting company soon.  That is very rare that a pinksheet company makes a move to the otcbb, whats next? the AMEX or NasdaQ. 

here is the PR
http://news.moneycentral.msn.com/ticker/article.aspx?symbol=US:AUCI&feed=PR&date=20070816&id=7337096

stock.gold

I was just curious if you happen to know how long it typically takes that process to take from the time the paperwork is submitted.

dmxbr9

Auctions International Announces New Headquarters
Dec 7, 2007 8:25:00 AM

KELOWNA, BC -- (MARKET WIRE) -- 12/07/07 -- Auctions International Inc. (PINKSHEETS: AUCI), a technology company that owns and markets proprietary software to enable real-time online auctions of virtually any product or commodity for use by the wholesale market, announced today that to accommodate the Company's growth, its executive offices are now located at 1001-1329 Ellis Street, Kelowna, BC, Canada, V1Y-9X5. The telephone and fax number will remain the same. The facility is expandable to accommodate growth, and will serve as the location to meet clients and host corporate business meetings.

Doug Mann, president and CEO of Auctions International, Inc., said, "Auctions International has taken tremendous steps forward in re-defining online auctions for the wholesale market. We've aligned with high-value brands like CARFAX, uShip.com, CarrierRates.com and NXGen, and continue to attract members in the U.S. and Canada to our state-of-the-art technology platform AutoBidLive.com. As part of our growth strategies, we've streamlined all of our departments -- sales, business development, accounting, investor relations and management -- under a single executive office to more efficiently serve our customers and industry-leading partners. With greater efficiencies, we also expect to drive down operating costs as we move into the New Year."

stock.gold

Looks like they are preparing for huge growth.  Better to be prepared than not.