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AuctionCities Reports 2005 Revenues of $501 and Expenses of $833,342
AuctionCities Reports 2005 Revenues of $501 and Expenses of $833,342
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AuctionCities Reports 2005 Revenues of $501 and Expenses of $833,342
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03-04-2006, 09:01 PM,
 Post: #1 |
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AuctionCities Reports 2005 Revenues of $501 and Expenses of $833,342
Yes, you read the subject right. Revenues of only $501 (all from listing fees) :blinkie: and expenses of $833,342 :blinkie:
AuctionCities full year 2005 Quote:Income The company also issued a going concern warning: Quote:The Companys ability to continue as a going concern is contingent upon the successful completion of additional financing arrangements and its ability to achieve and maintain profitable full 2005 earnings release: https://www.otcstockinfo.com/repository/...9_FR28.pdf
"Well, Jay was so giddy that someone named Jay was involved with this site we posted our first non-eBay listing in 3 years here at Lunarbid (we tried two items at Yahoo once upon a time, they bombed)" -Marie posting in a LunarBid thread at OTWA in 2005 wins the award for 'most moronic reason ever given for choosing a venue"
"thanks twat u must have nothing better 2 do. do u talk to all your members like that. will not be recomending your site. best way to put it is TULIPTOOLS.COM IS REALLY SHIT. DONT JOIN." -pubescent owner of rinky dink off2auction.com in 2011 |
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03-05-2006, 02:31 AM,
Post: #2 |
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Re: AuctionCities Reports 2005 Revenues of $501 and Expenses of $833,342
LOL where can I get a job with a company that pays out bonuses at a rate of 2x revenue??
Riotz Swimwear on eBay - Brazilian Bikinis on eBay
Brazilian Bikinis - Off-eBay site now open! Thomas the Tank Engine [url=http://ecommerce-info.ca]http://ecommerce-info |
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03-05-2006, 02:52 AM,
Post: #3 |
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Re: AuctionCities Reports 2005 Revenues of $501 and Expenses of $833,342
Bonuses aren't the only thing they pay out. During the past 2 years they doled out 130 million shares of stock for "consulting fees" and "services provided".
http://community.tuliptools.com/index.ph...375.0.html
"Well, Jay was so giddy that someone named Jay was involved with this site we posted our first non-eBay listing in 3 years here at Lunarbid (we tried two items at Yahoo once upon a time, they bombed)" -Marie posting in a LunarBid thread at OTWA in 2005 wins the award for 'most moronic reason ever given for choosing a venue"
"thanks twat u must have nothing better 2 do. do u talk to all your members like that. will not be recomending your site. best way to put it is TULIPTOOLS.COM IS REALLY SHIT. DONT JOIN." -pubescent owner of rinky dink off2auction.com in 2011 |
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03-05-2006, 08:31 AM,
Post: #4 |
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Re: AuctionCities Reports 2005 Revenues of $501 and Expenses of $833,342
Quote:5010 · Advertising 110,818.72 All that money spent on advertising and marketing? But I don't even remember seeing any advertising for that place. :o |
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03-06-2006, 12:10 AM,
Post: #5 |
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Re: AuctionCities Reports 2005 Revenues of $501 and Expenses of $833,342
[quote author=Nat link=topic=2902.msg10359#msg10359 date=1141547482]
Quote:5010 · Advertising 110,818.72 All that money spent on advertising and marketing? But I don't even remember seeing any advertising for that place. :o [/quote] They did a lot of Google AdWords and last October they ran TV ads on CNN Headline News in LA and NYC, and on the morning show on Channel 5 in LA. You can watch their TV commercials online here: http://www.auctioncities.com/page/misc/mediacenter |
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03-06-2006, 01:13 AM,
Post: #6 |
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Re: AuctionCities Reports 2005 Revenues of $501 and Expenses of $833,342
I think it was the cleaning bills that did them in. They should never have hired those naked cleaning ladies. They're much too expensive and they don't clean anything that they have to bend over for.
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03-25-2006, 07:40 AM,
Post: #7 |
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Re: AuctionCities Reports 2005 Revenues of $501 and Expenses of $833,342
well they raised better than 15 million - what happened? I don't think naked cleaning ladies cost that much!
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