Ableauctions.com Inc. has received preliminary orders exceeding $250,000 through its iTrustee and Unlimited Closeouts operations. On successful completion, the deposit-secured transactions alone are expected to more than double the Company's quarterly revenue compared to the same time last year, and increase gross profits by more than $65,000. iTrustee.com Technologies Ltd. and Unlimited Closeouts Inc. are wholly owned subsidiaries of Ableauctions.com Inc. iTrustee.com is a reseller platform designed to expose bank and trustee inventories, as well as distressed merchandise, exclusively to resellers, auctioneers and liquidators.
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