| Ableauctions.com, Inc. operates as an auction technology company and a liquidator. It engages in the development of its business and technology through the acquisition of various auction houses in the United States and Canada. It provides products and services, including auction broadcast services, point-of-sale (POS) and hardware services, and liquidation services. In the Auction broadcast services business, Ableauctions.com offers the technology and related services to other auction houses, enabling them to broadcast auctions over the Internet. Through its POS and hardware services, the company develops its own Windows-based POS software, which it sells and supports to various industry sectors. It also provides computer hardware and custom software development services to the companys clients. Through the Liquidation services, the company acquires merchandise through bankruptcies, insolvencies, defaults or partnering liquidators, and broker. The company also sells the merchandise to either the general public or other resellers. It sells auction or broker merchandise and equipment from various industries, including antique, automotive, bakery, broadcasting, chemical, construction, dairy, electronics, energy, food processing, foundry, furniture, high-technology, machine tool, metal fabrication, office, paper, pharmaceutical, plastic, printing, restaurant, textile, and others. The company was organized as J.B. Financial Services, Inc. in 1996 and changed its name to Ableauctions.com, Inc. in 1999. The company is headquartered in Coquitlam, Canada. |
