About us

We are part of an international consulting and investment group working with major universities and, primarily, manufacturers and exporters of the People’s Republic of China (PRC).

We finance our group’s activities by, among other things, auctioning off full container shipments of merchandise from PRC exporting producers to customers in Europe and North, Central, and South America. This is merchandise ordered but not picked up by the ordering companies, which for various reasons have withdrawn from the contracts or agreements, whether due to bankruptcy, overestimated sales potential, or erroneous orders, as well as for producer-side reasons of inappropriate quality or colors and designs other than as ordered.

After an exhaustive analysis and presentation of calculated returns, we have convinced the exporting producers that it is more advantageous to sell as soon as possible after being informed by the buyers of the contract rescission. Selling the merchandise at competitive market prices is recommended instead of incurring additional costs for container demurrage, port storage of merchandise, or bonded warehouse costs. Additionally, if the merchandise is not sold it incurs costs for its return to the PRC, assuming high costs of elimination. An additional factor favoring the auctioning off of merchandise as soon as possible is the fact that most of these shipments are already partially paid for in advance when the merchandise is ordered and the amount collected in an auction, minus our commission, helps cover the purchase costs of the materials needed for manufacturing a new product lot.

By operating in numerous markets the world over and working in close collaboration with large and small retailers dedicated to the retail sale of warehouse goods, we have a wide variety of goods available and offer attractive purchases in quick sales.