Business Services Industry
Snap N' Sold's HotAutoWeb Subsidiary Announces Recent Sales Activity
Business Wire, Oct 11, 2005
PALM HARBOR, Fla. -- Snap N' Sold Corp.(Pink Sheets:SNPD) today released recent sales activity for its HotAutoWeb strategic business unit. The Snap N' Sold subsidiary has pending and closed sales in excess of $436,000.00 over the past ten days. The closed sales included a 1963 Porsche(R) 356B (Porsche(R) is a trademark of Porsche AG), a 2002 Harley Davidson(TM) Road King, 2003 Harley Davidson(TM) Road King (Harley-Davidson(R) is a trademark of Harley-Davidson Corporation)(NYSE:HDI) and a 2003 "Big Dog" Chopper. Additionally, the company has pending sales over the stated period including a North American T-28 S exhibition aircraft, a L-29 Delphin Aero-Vodochody exhibition jet aircraft, a 1929 Ford(R) Tudor Show Rod (Ford(R) is a trademark of Ford Motor Company:Ford)(NYSE:F), and a 1997 Harley Davidson(TM) Road King.
About Snap N' Sold Corp.
Snap N' Sold Corp., http://www.snapnsold.com, is engaged in the eBay (NASDAQ:EBAY) drop store industry with competitors, Las Vegas based Net2Auction Inc. (Pink Sheets:NAUC), subsidiary of AmeriResource Technologies, Inc. (OTCBB:AMRE), Dallas based Orbit Drop, Inc. (Pink Sheets:OBDP) and Auction Mills Incorporated (Pink Sheets:AUML), as well as other auction facilitators like the EZ2Companies.com (OTCBB:EZTO). Snap N' Sold is managing its growth through the acquisition of community-centered retail "thrift stores" that will continue operating in that business while also acting as local eBay drop store "consignment centers" and corporate and estate asset disposition offices.
Snap N' Sold's HotAutoWeb subsidiary, http://www.hotautoweb.com, is engaged in the business of direct-to-consumer sales and auctions of highly-coveted classic, race cars and hot rods. While HotAutoWeb currently sells other forms of conveyance, such as RVs, airplanes, motorcycles and boats, the company will be building vehicle-specific web sites to facilitate listings and sales in the same manner as HotAutoWeb. The company is also instituting a National Regional Representative Program to drive local service representation and national listing and sales growth.
Safe Harbor
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934 as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Snap N' Sold Corp. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
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