Bidstick Claims to Be Getting $5 Million in Funding

bidstick-auctionsAccording to a recent press release, is in its final stages of having the Diamond Institute of America secure a $5 Million private equity financing for the penny auction. They’ve also been giving out 100 free bids to their users.

“We know that the financial crisis we are experiencing right now has permanently changed the way Americans think of luxury goods and services by shying away from them so, we thought giving more people the opportunity to get a hold of an authentic Rolex watch or a holiday getaway at steep discounts might be a good idea to keep the economy rolling and the hope of luxury alive to our fellow Americans,” the marketing director of, Keven Moore was quoted.

Have you tried Bidstick? Please feel free to discuss your experiences in our forum and comments!

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6 comments… add one
  • Roger Dickey January 1, 2010, 4:23 am

    I have won the Dyson Animal Vacuum Cleaner valued $400 back in 9/2009 and I had contacted the custer services and they don’t response to my phone nor e-mail. Also not sending my won items. I’m really start to feel that I got scammed and also thinking about contacting the Consumer Affairs. I wonder if everyone else is doing alright with their sites?

  • dalebennett January 23, 2010, 9:26 am

    sorry to heer u had problems w bidstick. man. i wun a polaroid digtal camra. It did take awhile to get it. like 4 wks or somthin. i wuz startin to wunder if i wuz gonna get it, but it came brand new in the box. maybe u should try cust svc, again.

  • auctionwatcher January 24, 2010, 1:48 pm

    Did you really dale?

  • Roger Dickey January 25, 2010, 5:46 pm

    Well, I finally got my item. So, I'm happy now and I do apology for my prior comment. I just never had waited five months for my item. But at least I did get my item. Maybe they were busy throughout the holiday season. So if anyone try the site at least you have a chance to win for a low price.


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