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TulipTools Internet Business Owners and Online Sellers Community › Online Auction Industry, B2B Trading Sites, Classified Ad Sites, Fixed Price Venues, and Malls › Online Auction Industry Discussion › Auction Sites › AuctionCities.com
More Auction Cities Press Releases...

  
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More Auction Cities Press Releases...
02-01-2006, 01:17 PM,
Post: #31
mandy Offline
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Auctioncities issues correction on statements given in 3 recent press releases
rolling eye smiley ->  :Smile

Quote:AUCTIONCITIES, INC. ISSUES CORRECTION AND CANCELS TRANSACTION WITH AUCTION VIDEO, INC.

Misstatement of information supplied by Auction Video Prompts AuctionCities to Apologize to SANYO.

VALENCIA, CA, Jan. 21 -- In a series of unfortunate events, AuctionCities.com, Inc. (OTC: AUCC) finds itself a victim of misstatement of information and subsequently, was forced to cancel its relationship with Auction Video, Inc. due to a statement issued Friday, over BUSINESS WIRE (TOKYO – Jan. 19, 2006) by Sanyo Electric Co., Ltd. Spokesperson, Ryan Watson, denied the licensing agreement between NTT-DATA SANYO and Auction Video, Inc. In yesterday’s release, Watson stated, “NTT-DATA SANYO SYSTEM has absolutely no business with…AuctionVideo.com.”

Details of the AuctionCities.com announcement from the Sanyo Booth at the recent Consumer Electronics Show, as communicated by Auction Video, are denied by NTT_DATA SANYO. Thereby, the terms of the AuctionCities.com, Inc. and Auction Video, Inc. transaction are cancelled.

Statements in AuctionCities.com press releases (MARKET WIRE - Jan. 5, 7, 13, 2006) as represented by Auction Video, Inc. to AuctionCities.com, Inc. as valid, appear to have been unapproved by persons unknown to AuctionCities.com, Inc. at the time of the press releases. Therefore, the following points, while they occurred on January 5, 2006, are no longer valid:

   1. The new SANYO VideoCellphone was officially unveiled at CES.
   2. An exclusive licensing agreement does not exist with NTT-DATA SANYO and Auction Video.com.
   3. The NTT-DATA SANYO Video Communications Cell Phone schedule for U.S. rollout is unknown.
   4. No agreement currently exists, whereby AuctionCities.com will be the exclusive U.S. Internet distributor of this exciting new device.

While AuctionCities.com, Inc. apologizes for any embarrassment, because photographic and video evidence exists, we cannot deny statements and events that actually happened in the historical chronology of Jan 5, 2006.

Additionally, in the (Jan. 5, 2006) AuctionCities.com news release, a comment reported and furnished by Auction Video attributed to NTT-DATA SANYO, seems to have been fabricated and distributed by someone other than AuctionCities.com, Inc. It has, recently, been reported to AuctionCities that said person and department do not exist.

AuctionCities.com, Inc. CEO, Michael S. Berman stated, “I apologize for the afore-mentioned news releases which were, evidently and absolutely, not based on facts, as reported to AuctionCities.com, Inc. I regret the embarrassment caused to Sanyo and those associated with Auctioncities.com, including Market Wire, our members and shareholders. We rely on the integrity of our business associates and up to this point, our “due diligence inquiries” have not presumed to venture beyond the information provided by our proposed partners. In the future, in order that this sort of information delivery doesn’t cause harm, we will take the utmost caution regarding information disclosure.”


full press release: http://www.auctioncities.com/index.php?p...om/news20/

Auctioncities stock price has fallen to 6 cents per share from the 26 cents it reached following the January 13th press release.
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02-01-2006, 02:45 PM,
Post: #32
bargainbloodhound Offline
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Re: Auctioncities issues correction on statements given in 3 recent press releases
AuctionCities.com Wrote:Misstatement of information supplied by Auction Video Prompts AuctionCities to Apologize to SANYO.


Confusedmileyyoyo:

mandy Wrote:Auctioncities stock price has fallen to 6 cents per share from the 26 cents it reached following the January 13th press release.
"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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02-03-2006, 04:31 PM,
Post: #33
sneakymagenta Offline
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Re: More Auction Cities Press Releases...
Quote:up to this point, our “due diligence inquiries” have not presumed to venture beyond the information provided by our proposed partners.


ME: I have a bridge for sale.  Want to buy it?
THEM: OK

Happy001
OAI Moron Hall of Fame
<i>sell-thru is an irrelevant and illogical consideration.</i>
-KaRay, owner of WP giving selling advice, 2006

<i>the site was 'NOT' hacked but the little script that had recipes on had the link altered</i>
-Plunderhere Owner Mark Taylor after his site was hacked by a Chinese hacker gang, 2008

Some people have it like that, others don’t. I do.
-Probidscripts owner Spencer Osama Binweb Laden Ray bragging about his ability to scam the OAI without feeling any guilt, 2008.

How does an auction site get buyers?
-question asked at PSU by owner of auction site BidBeaver.ca, 2008

How do I get sales?
-question asked at PSU by online store owner, 2009.

I was told by my Tech. Support that my site dont really need SSL.. his servers
are well protected and that info your providing to join aint really top secret information

-owner of auction site TheTraderOutlet.com discussig his site's lack of basic security, 2009
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02-03-2006, 07:01 PM,
Post: #34
amy Offline
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Re: More Auction Cities Press Releases...
Finding time to do due diligence is hard when you spend 99% of your waking hours bullshi.tting Smile
Blog
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03-03-2006, 12:05 AM,
Post: #35
amy Offline
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AuctionCities.com Launches Auctions and Sales On Cell Phones
First press release in a month since their January press release retraction fiasco.

Photo of the new service complete with blond  Laughing7 : http://biz.yahoo.com/iw/060301/0111700i.html

Quote:AuctionCities.com (www.auctioncities.com) announces the launch of its 2006 Mobile Device Initiative. As of today, the in-house developed, fully functional, mobile-optimized technology is operational. Now, using the AuctionCities.com site (www.myaucc.com) from any Internet activated mobile device will be faster, more convenient and more fun...

Among the features of the site is the "AuctionCities Wish List" (see the MY CITY link on the top of the AuctionCities.com Homepage) feature. Buyers fill out a form listing items for which they are shopping. If a seller lists an item that matches the description of an item for which the buyer is looking, AuctionCities.com will send the buyer an SMS and email message directly to their cell phone and computer, alerting members that the item is available.

In keeping with "Shop Your Zip-code," the local focus feature of AuctionCities.com, the buyer can specify the distance in miles from their home location for items they have listed. As soon as that item is listed, their cell phone or mobile device will notify them of the immediate availability. If a member is traveling, the buyer can enter the area code of their current locations and find items from their wish list in the area they are visiting...

According to Mr. Berman, "The Mobile Initiative Project is now activated. This mobile version of AuctionCities.com is a fully functional version of the website found on the Internet. Buyers will be able to search for items they need. AuctionCities.com will send alerts to buyers' mobile devices when a new item from their 'wish list' is posted. Also, they will be able to bid and receive auction ending notices and outbid notices. Now, buyers don't have to sit around the house, waiting for such notices.

full press release: http://biz.yahoo.com/iw/060301/0111700.html
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