another web auction site
ATVW 3 3/4
one that has not moved much so far
low volume and small float
may go big time if buyers come in
operates and on line auction site (similar to ONSL EBAY etc)
bidnow.com
From its November 20 release-
"Auction Television in e-commerce technology pact
WARMINSTER, Pa., Nov. 20 (Reuters) - The Auction Television Network (OTC BB:ATVW -news), which sells items ranging from guitars to used cars on TV and the Internet, said Friday it will join with Virtual Financial Holdings Inc. to introduce software to speed up and better manage online auctions. The software, set to debut online in the first quarter of 1999, allows computer data to travel at higher speeds and with greater accuracy between systems using different computer languages, Auction Television Chief Executive Eddie Stanojev said in an interview."
Aug. 13 /PRNewswire/ -- Auction Television Network, Inc. (OTC Bulletin Board:ATVW ) has completed the acquisition of Docks International, LLC of Louisville, Tennessee
The acquisition of Docks International will give ATVW the ability to offer products over the Internet and television at factory direct prices.
ATVW anticipates first year gross revenue potential of $5,000,000 from operations related to Docks International
Aug. 5 /PRNewswire/ -- Auction Television Network, Inc. (OTC Bulletin Board:ATVW ) announces the acquisition of USA WEB, a Phoenix based Internet company.
USA WEB has been a major innovator in utilizing the World Wide Web"s vast reach, to service the traditional auction industry.
USA WEB will add another dimension to our Internet auction site (bidnow.com), "comments Edward Stanojev, President of ATVW, "and our interactive auction television network debuting later this year on cable systems throughout the country
ATVW"s online auction site gives auctioneers and vendors a platform in which to auction their inventories. ATVW monitors and qualifies all transactions. This approach adds additional security and integrity to the online transaction. ATVW is also introducing its first interactive auction for television. Using proprietary technology viewers will be able to participate in a real-time auction from their living room via set top box or through the World Wide Web.
This merger of ATVW and USA WEB will bring to the auction industry and online commence, a new level of accessibility, security and improved transaction integrity. |
