SOURCE: BizAuctions, Inc.

June 30, 2014 07:15 ET

BizAuctions Files Disclosure Statements With OTC Markets

LAS VEGAS, NV--(Marketwired - Jun 30, 2014) - BizAuctions (OTC Pink: BZCN) (PINKSHEETS: BZCN), The Company filed its Annual Disclosure Statement for 2013 and the 1st Qtr. of 2014 with OTC-Pink Sheet Markets as required under the OTC Markets Disclosure Guidelines to be eligible for a Current Information status on the OTC Markets.

Delmar Janovec, BizAuctions' CEO, comments, "The Company filed with OTC-Pink Sheet Markets on Friday, June 27, 2014, its Disclosure Statement for calendar year 2013, and the first quarter ending March 31, 2014. The Disclosure Statements are required by the OTC Markets to reach the Current Information status along with an Attorney Letter from an attorney that has been approved by the OTC Markets. Upon the receipt and approval of the Attorney Letter by the OTC Markets, the Company will be moved from the Limited Information to a Current Information status within the designated timeframe as laid out by OTC Market Guidelines. We feel the additional step toward total transparency will make the Company more attractive not only to the investment community but also to possible acquisition and/or partnership candidates."

ABOUT BIZAUCTIONS:

BizAuctions is a prime provider of commercial liquidation services for excess inventory, overstock items, and returns. Our clients have included some of the Nation's leading retail names at the forefront of their industries.

We provide our clients with a new sales channel to generate additional revenue on excess inventory, while at the same time freeing up their valuable storage and retail space.

With a long-term strategy to provide liquidation services to Fortune 1000 enterprises, BizAuctions is a clear solution for most any business to liquidate its excess inventory.

The Company encourages the public to read the above information in conjunction with its year-end statement for December 31, 2013, and the quarterly statements filed in calendar year 2014, at www.PinkSheets.com.

The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "may," "could," "possibly," "feel," "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the Company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its services, competition, limited service facilities, dependence on technological developments and protection of its intellectual property. The Company's actual results could differ materially from those discussed herein. 

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