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Thursday, December 10, 2009, 3:44PM ET - U.S. Markets close in 16 mins.. Dow Up 0.60% Nasdaq Up 0.28%
Ableauctions.com Inc. (AAC)At 3:23PM ET: 0.515  Up 0.005 (0.98%)  
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Ableauctions.com Inc.
1963 Lougheed Highway
Suite 200
Coquitlam, BC V3K 3T8
Canada - Map
Phone: 604-521-3369
Fax: 602-521-5093
Web Site: http://www.ableauctions.com

DETAILS 
Index Membership:N/A
Sector:Services
Industry:Business Services
Full Time Employees:22

BUSINESS SUMMARY 
Ableauctions.com, Inc. provides liquidation and merchandizing services with auction and point-of-sale technology to businesses to assist them with managing the sale of their products in the United States and Canada. The company sells merchandise through its ‘Unlimited Closeouts and Ableauctions’ liquidation stores in California and British Columbia, as well as through auctions, which the company conducts. It also provides inventory brokerage services at unlimitedcloseouts.com and unlimitedcloseouts.ca. In addition, the company broadcasts business and industrial auctions over the Internet for auctioneers and members of the National Auctioneers Association, as well as provides auction broadcast services. Further, it sells, installs, and supports its point-of-sale sales processing and reporting solutions to retailers; develops real estate; and provides mortgages and loans to individuals and companies. The company was formerly known as J.B. Financial Services, Inc. and changed its name to Ableauctions.com, Inc. in July 1999. Ableauctions.com, Inc. was founded in 1996 and is headquartered in Coquitlam, Canada.
Key Statistics

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    CORPORATE GOVERNANCE 
    Ableauctions.com Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 34.6% of CGQ Universe companies and 18.2% of Commercial & Professional Services companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Abdul Ladha , 47
    Chairman, Chief Exec. Officer, Pres, Chief Financial Officer and Principal Accounting Officer
    N/A N/A
    Mr. Paul Piotrowski , 32
    Chief Technology Officer and Mang. of Icollector Com Technologies Ltd
    N/A N/A
    Mr. Erick Richardson , 64
    VP and Mang. of Unlimited Closeouts Inc
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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