1-30%equity stake for fast growing wholesale business Start Price USD 3,999.00 Current Price USD 3,999.00 Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Monday, June 30, 2008 End Time Thursday, July 10, 2008 Location Syracuse, NY See more about '1-30%equity stake for fast growing wholesale business' Description I own and operate a 6 year old wholesale-import business that is growing extremely fast at a rate of 200% a year . Our products can be found in over 280 stores in almost every state in America . The Company ; Poetic Earth Designs is a privately held and wholely owned by myself . The business is strictly wholesale only to the trade . We design ,import,distribute and wholesale the largest variety of handmade leatherbound journals available today on the wholesale market . We also sell a small selection of handmade leather satchels. *Our 2007 sales where in the high 6 figures . * Demand for our products continues to grow faster than we can supply them. * The company seeks to increase its working capitol by offering the opportunity to the public or private investor to bid /purchase up to 30% equity stake directly from the owner . Equity ownership is being placed on ebay for auction in the form of 1% increments . * 100% of your investment goes right into the company and is used to buy advance inventory that right now we seem to be unable to stock as Inventory sells out faster than we can have it made . Your investment will allow us to increase our working capitol and get us out from behind the inventory 8 ball . We turn (flip) our inventory 8 times per year . In order to keep up with demand we have been air freighting multi-tons of inventory into our warehouse at a very high expense . The business would realise a immediant profit and savings of over $80K a year if we could simply obtain a 20 ton bulk sea shipment(takes much more time) in advance ....this is where your investment would be going....advance inventory that would relieve our shortage problem . * Poetic Earth participates in 6 - 8 major trade shows every year . * The business has solid nationwide distribution . *Many of the items we offer to store owners are exclusive and can be found nowhere else on the wholesale market . *You are bidding on 1% block of ownership of Poetic Earth Handmade Journals . there are 30 "blocks" of 1% up for auction. *This business is valued by me at $600,000 *  www.poeticearth.com We are also seeking  short term 6 month bridge - loans at 25% interest secured by equity ownership .. Contact me for details . Place a Bid!