According to a recent press release, Bidstick.com 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 Bidstick.com, Keven Moore was quoted.
Have you tried Bidstick? Please feel free to discuss your experiences in our forum and comments!
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