Hi Allfreechips,
If you don’t mind, I would like to reply:
a. We run highest unique bid auctions, and not penny auctions, and this is a completely different concept.
b. Our systems are completely transparent to the user:
– At our auction site there’s a table where you can see all the bids placed, at real time.
– No such thing as automatic bots, script or any other fraud.
– We’ve got a shipment document for EVERY auction that has been completed.
– We’ve got testimonials from our auction winners, in chronological order.
I do agree that online auction sites should be somehow legally monitored, but I’ll be the first one to let any government official go through our books.
We’ve got nothing to hide, we believe in long term profit, not interested in the $$s that we make tomorrow. Real long term profit comes with company value, which can only be reached if you are honest.
So anyway, I’m confident that we’ll get there. The only question is – who is going to hop in and join us.
Best,
Steve