to increase the interest in the lot by interacting with the bidders and encouraging participation by the bidders. Anyone that has been to an auction and has bid online will note the drastic differences between an online auction and a live auction. Granted, you can attend an online auction from anywhere, but that is where the benefits stop.

Our Platform:

Puts the social interaction between the bidders and the auctioneer back into the online auction platforms, allowing bidders to get the best of both worlds. They will have the interaction of a real auction and, at the same time, attend the auction from anywhere in the world.

Business model is focused on larger items that tend to have bidders within a 100 mile radius. Our software is designed to act and respond like a live auction house.

Additionally, we have two very unique bidder tools.

The first is our auction block which reflects all items in any auction the bidder is registered in that have less than 3 minutes to close. These items will all be shown on one easy to read page.

The second tool we have in place is live social interaction (Real Time Chat) between bidders and the sellers (Auctioneers). We encourage the seller to participate by adding color commentary to the items when they can.

The seller only needs to create the event for the actual auction event and the bidders will be able to go to that auction event and see all of the items in the auction.

Through the use of Geographic Licensee, we will be establishing local brand ambassadors that operate their own business through the use of our software platform.