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Article: Auctions International CEO Comments on Market Activity of Its Stock
- Article from:
- CCNMatthews Newswire
- Article date:
- December 10, 2007
CopyrightCopyright 2007 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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KELOWNA, BC--(Marketwire - December 10, 2007) - Auctions
International Inc. (PINKSHEETS: AUCI), a technology company that
owns and markets proprietary software to enable real-time online
auctions of virtually any product or commodity for use by the
wholesale market, issued a statement from President and CEO Doug
Mann regarding today's volume and price change in its common stock.
"No material changes in the Company or management would warrant an
increase in trading volume or the sudden drop in share price that
occurred today."
Mann explains, "The selling pressure may have been caused by a