The Group's principal activity is to provide online auction marketplace for wholesale, surplus and salvage assets. It enables buyers and sellers to transact in an automated online auction environment offering over 500 product categories. The Group marketplaces provide professional buyers access to a global, organized supply of wholesale, surplus and salvage assets presented with digital images and other relevant product information. Its online auction marketplaces are www.liquidation.com, www.govliquidation.com and www.liquibiz.com. The Group also operates a wholesale industry portal, www.goWholesale.com, which connects advertisers with buyers seeking products for resale and related business services.
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