Halifax, Nova Scotia, Canada - December 9, 2006
The following article appeared in the December 4, 2006 issue of The Equipment
Iron Globe's First of its kind in Canada:
According to the Nova Scotia-based organization, Iron Globe Auctions is the
"first of its kind in Canada"
This, explains Iron Globe Auctions, is reflected in the launch of a homegrown
online auction company catering to buyers and sellers of earthmoving, general
construction, agricultural and forestry equipment as well as heavy on- and off-road
trucks and other related items
Iron Globe Auctions Ltd. is based out Halifax, and for the last year-and-a-half
has been perfecting and testing its proprietary software. The technology allows
bidders anywhere in the world to post their bids, and the system in turn bids
on their behalf, up to their maximum bid amount.
Another unique aspect of the company is that it offers both reserved and unreserved
The sellers have the choice of having their equipment appraised by independent
inspectors, and the resulting inspection report along with an oil sample analysis
is posted on the Iron Globe auction site for buyers to see.
While not all items will be inspected, those that are inspected will be rated
and sold under the
Iron Globe pledge.
"It took us a long time to come up with a format that we thought would
give the buyers assurance that they knew what they were bidding on", said
Humayun (Huma) Ahmad, company president. "It puts buyers from around the
globe on an equal footing. So a buyer in Dubai knows as much as the buyer in
Toronto on what he is bidding on.
"Another huge advantage to the sellers of equipment is the low commission
structure", said Ahmad.
"We want to keep our commissions very low, so more of the money ends up
in the hands of the sellers.
"We want the sales process to be smooth and efficient for both buyers and
sellers, and this is the reason we work with other professionals, whether it
be in the trucking of the equipment, customs and documentation, or where necessary
arranging shipments overseas, etc."
Iron Globe is presently running some 7Day auctions, and will announce the live
online unreserved auctions to be held soon.
"The nice thing about our auctions is that you could place your bid way
in advance of the auction", said Ahmad, "but the system will only
bid what it needs to bid for you to win the item. Of course, it will never exceed
your maximum bid".
Another aspect of the Website is the Iron Globe Xchange, which will be a venue
for sellers to advertise their products and services worldwide. The Xchange
takes the advantage of "the synergy that will be created when buyers and
sellers from the local, national, and global level come together".
To show just how user friendly and cost effective the Xchange is, Iron Globe
Auctions Ltd. is giving away FREE advertising on its site for any business catering
to earthmoving, construction, forestry and agricultural industry. More information
can be obtained by going to www.ironglobe.com or by phoning the company at 1-866-606-3343
or (902) 405-3343
Halifax, Nova Scotia, Canada - November 8, 2006
Iron Globe Auctions Ltd. continues to expand its registered user base, with
people from across North America, and as far away as India, Jamaica, Singapore,
Pakistan and Africa registering to bid on the 7 day online auctions and for
the Live unreserved online auctions coming soon.
A buyer from Michigan, U.S.A. recently purchased a 1997 Case 580L for U.S.$23,000
in the 7Day auction. Iron Globe arranged all the customs documentation and the
trucking for the buyer. A buyer from Alberta, Canada also was the bid winner
for a Cat 307 excavator for CAN 42,000 in the 7Day auction.
Iron Globe Auctions Ltd. is the only Canadian auction company that offer independent
inspection reports, including oil sample analysis on items sold under the Iron
The company also announced that the Iron Globe Xchange will be launched soon
as part of the Iron Globe site.
To get more information on Iron Globe Auctions Ltd. Please go to www.ironglobe.ca
or call 1-866-606-3343
Halifax, Nova Scotia, Canada- Oct. 30, 2006
Iron Globe Auctions Ltd. is pleased to announce that it has entered into partnership
with Bodkin Capital Corporation to offer leasing and financing to its customers
who want to purchase construction and earth moving equipment, heavy trucks,
and related items in its 7 day reserved and live unreserved online auctions.
Bidders on Iron Globe will able to get fast pre-approval by applying online
or via fax applications. To apply go to www.ironglobe.ca
and click on BodkinOnline.
Bodkin Leasing Corporation is a privately held company established in 1960 with
headquarters in Mississauga, Ontario, and offices in British Columbia, Alberta,
and Quebec. Bodkin Leasing is one of Canada's most highly respected and trusted
financial services organizations, specializing in commercial and industrial
asset financing and provides services throughout Canada. The company offers
innovative and competitive programs and provides bilingual services to its customer.
Iron Globe Auctions Ltd. is the only Canadian auction company that offers independent
inspection reports including oil sample analysis for items sold under the Iron
Globe pledge in its 7 days and live online auctions.
To get more information on Iron Globe Auctions Ltd. please go to www.ironglobe.ca
or call 1-866-606-334