BizAuctions, Inc., (PINKSHEETS: BZCN) announced yesterday that their total eBay bids for the past 90 days has exceeded 12,000 bids.

BizAuctions, a Titanium Powerseller on eBay, is addressing the nearly $60 billion dollar excess inventory issue that top companies face. Businesses across all industries are dumping excess inventory during these uncertain economic times. A recent survey by the U.S. Commerce Department stated that companies nationwide have reduced inventory by 13.4% in the past year alone.

Several well known companies like Under Armour and Motorola are selling overstocked inventory or excess inventory to third party resellers. BizAuctions should prosper from other companies cutting back inventory to bolster balance sheets.

Other active stocks are eBay Inc (NASDAQ: EBAY) Big Lots (NYSE: BIG) Interact Holding Group (PINKSHEETS: IHGP)

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