Ableauctions to Host Canadian Coinoisseur Auction.OJAI, Calif. -- Ableauctions.com Inc. (AMEX AMEX See: American Stock Exchange :AAC (Advanced Audio Coding) An audio compression technology that is part of the MPEG-2 and MPEG-4 standards. AAC, especially MPEG-4 AAC, provides greater compression and better sound quality than MP3, which also came out of the MPEG standard. ) (the "Company") announced today that it will be hosting the Canadian Coinoisseur June Torex[R] Auction on June 22 and 23rd, 2007, on eBay Live Auctions through its subsidiary iCollector.com. The unique auction of 1918 lots is expected to attract spirited bidding for many of the rare and valuable lots. The auction features a complete collection of Canadian Decimal Meaning 10. The numbering system used by humans, which is based on 10 digits. In contrast, computers use binary numbers because it is easier to design electronic systems that can maintain two states rather than 10. Coins amongst its offerings of coins, tokens, medals and paper money. Highlights of the auction included two rare Indian Peace Medals The term Indian Peace Medals is most commonly associated with circular, silver, medallions distributed to Native American tribal representatives by representatives of the United States government. They were created by a man named John Reich. and 1921 fifty-cent pieces. The auction has received consignments from sixty-six collectors for this sale, providing for an outstanding mix of numismatic nu·mis·mat·ic adj. 1. Of or relating to coins or currency. 2. Of or relating to numismatics. [French numismatique, from Late Latin numisma, numismat-, material in a broad range of grades and dates for every collector. The June Torex[R] Auction will be conducted in two sessions, Friday and Saturday, the 22nd and 23rd of June, at the Radisson Admiral in downtown Toronto Downtown Toronto is the heart of the City of Toronto, Ontario, Canada. It is approximately bounded by Bloor Street (including areas slightly north of Bloor around Yonge Street) to the north, Lake Ontario to the south, Bayview Avenue - Don Valley Parkway to the east, and Bathurst . The First Session begins with 134 lots of paper money, including a high-grade example of the 1924 Queen Mary Queen Mary, Queen Marie, or Queen Maria may refer to: Queens Britain England
The Second Session begins with 59 lots of Tokens, both certified and uncertified un·cer·ti·fied adj. Not officially verified, guaranteed, or registered; not certified: an uncertified teacher. Adj. 1. . A highlight of the sale is a pair of Indian Peace Medals. These two examples have been unknown to the collecting community, having been in the same family for well over a century, and passed down from generation to generation as mementos, rather than as the numismatic treasures that they are. The lots can be viewed online and bids can be placed either in advance or simultaneously on eBay LiveAuctions by going to www.coinoisseur.com and following the links to the auction. Live lot viewing is scheduled for 12:00 to 9:00 p.m. on Thursday, the 21st of June, and from 10:00 a.m. to 5:00 p.m. on both Friday and Saturday, the 22nd and 23rd of June, at the Radisson Admiral in Toronto. About iCollector.com iCollector.com is the pre-eminent pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae supplier of live online auction technology and services to some of the world's most prestigious galleries and industrial auction houses and operates one of the largest eBay Live Auction sales and support centers in the world. It is the only auction technology company to be endorsed by the National Auctioneers Association The National Auctioneers Association (NAA) is a group of auctioneers, auction businesses and related companies that seeks to promote the auction method of marketing and the practice of auctioneering in the United States The NAA is an interest group.. (NAA NAA Nomina Anatomica Avium. ) and has partnered with eBay Live Auctions in streamlining the process of broadcasting auctions real-time on the Internet. iCollector's technology enables auction houses to open their establishments to the world by allowing online bidders to participate in real-time on the auction floor. Visit www.icollector.com or www.icollector.com/ourTechnology.aspx. About Ableauctions.com Ableauctions.com Inc. (AMEX:AAC) is a high-tech liquidator Liquidator Person appointed by an unsecured creditor in the United Kingdom to oversee the sale of an insolvent firm's assets and the repayment of its debts. and online auction facilitator that operates the domains iCollector.com, NaaLive.com and UnlimitedCloseouts.com. As an online auction facilitator, the Company, with the experience of over 3,000 auctions, has developed state-of-the-art technology to broadcast auctions over the Internet (www.ableauctions.com/technology) and currently provides the technology and related services to auction houses, enabling them to broadcast auctions over the Internet. The Company broadcasts business and industrial auctions over the Internet for auctioneers and members of the National Auctioneers Association (NAA) and art, antique and collectible auctions for numerous galleries and auction houses around the world through eBay Live Auctions. As a liquidator, the Company, through Unlimited Closeouts, purchases overstocks, order cancellations and discontinued dis·con·tin·ue v. dis·con·tin·ued, dis·con·tin·u·ing, dis·con·tin·ues v.tr. 1. To stop doing or providing (something); end or abandon: products from major manufacturers and importers, then sells the merchandise to major retail chains, other resellers or the public. For a comprehensive Corporate Update and prior releases, visit www.ableauctions.com. For more information, contact Investor Relations Investor relations The process by which the corporation communicates with its investors. at investorrelations@ableauctions.com. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , particularly as related to, among other things, the business plans of the Company, statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc goals, plans and projections regarding the Company's financial position and the Company's business strategy. The words or phrases "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers" or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the performance of our staff, loss of management personnel, an inability to obtain financing as and when we need it, competition from other online auction businesses, our ability to implement or manage our expansion strategy, general economic conditions, our ability to license our software to other auction houses, our ability to acquire profitable companies and integrate them into our business successfully and other factors that are detailed in our Annual Report on Form 10-KSB and on documents we file from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place undue reliance on such statements. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. E.&O.E. |
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