|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.1220 - 0.1220|
|52 Week Range||0.0250 - 0.2500|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 9, 2017 - Nov 13, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
NEW YORK, NY / ACCESSWIRE / January 14, 2019 / uSell.com (OTCQB: USEL), a large market maker of used smartphones, has filed a Form 15 with the Securities and Exchange Commission ("SEC") under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), to suspend its reporting obligations under the Exchange Act. The Company expects that the termination of its duty to file reports with the SEC will become effective within 90 days.
NEW YORK, NY / ACCESSWIRE / December 10, 2018 / uSell.com (OTCQB: USEL), a large market maker of used smartphones, announced today the signing of a contract to license its online platform to Brightstar, one of the largest service providers to the connected device industry. The Company simultaneously raised $4.8 million in 5% convertible notes and refinanced its debt with a new senior lender at a substantially lower cost of capital. A significant portion of the $4.8 million financing was done by existing shareholders, including an investment of $1.2 million from Sunder Raman, the father of Chief Executive Officer Nik Raman, and a $180,000 investment from one of the Directors of the Company.