Auctionbytes-NewsFlash, Number 437 - December 04, 2002 - ISSN 1539-5065
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Sales OnLine Direct Releases Positive Third Quarter Financials
By Ina Steiner AuctionBytes.com December 04, 2002
Sales OnLine Direct said third quarter 2002 revenues represent an increase of 18.7% from the three-month period ended September 30, 2001, and total stockholders' equity went from a negative number in 2001 to a plus in the third quarter of 2002.
Sales OnLine Direct maintains and develops portals and Web sites for various companies and industries with a focus on the antique and collectible industry. The Rotman Auction division sells tens of thousands of items per year through auction, direct sales, and special events and is a certified eBay Gold Power Seller. The company has developed the "AI Suite" of software to increase revenues and reduce overhead for sales on the Internet, and offers these essential e-tools to other companies that they host. Sale Online Direct's common stock is traded on the Nasdaq OTC Bulletin Board under the symbol "PAID."