Penny Auction Solutions

Even though auctions of all types have been around for thousands of years, there is a new kind of auction that is taking the world by storm.

Even though auctions of all types have been around for thousands of years, there is a new kind of auction that is taking the world by storm. It’s called the “Penny Auction.” Penny Auctions combine the thrill of online shopping with gaming and intense bidding, to form a highly captivating and enriching experience. Users can register and purchase ''bid packs'' for the right to bid on any auction(s). Like other auctions, there is a time element. The clock starts ticking down on an auction from a set time point and once the timer reaches ''zero'', the highest bidder of that auction wins the featured item. Penny Auctions are very entertaining and addictive because unlike eBay or other auction sites, Penny Auctions happen in a matter of hours or minutes, instead of weeks or months. The attraction of Penny Auctions is easily understood. In this economy, where many people are forced to “do without,” Penny Auctions give them a chance to get that new luxury item they couldn’t otherwise afford. For a fraction of the cost (literally pennies on the dollar), they have a chance to get that television, laptop, purse, iphone, jewelry, gift card, high end consumer item and even automobiles. It is possible to win an auction and receive up to a 99% discount on name brand merchandise. Their current plan is to only sell new and shrink-wrapped merchandise. They have filed their Form 10 registration statement in 2015 for registration of their Common Stock with the Securities and Exchange Commission (SEC). They also obtained an effective 15c11 and was issued the ticker symbol of PAUC. See milestones under Summary in the Plan section for more details on their path to be become a publicly traded company.