WWA Group, Inc. (WWAG.OB) Reports Results of Crowded Dubai Auction
WWA Group, Inc. announced the results of its most recent Dubai auction, which was held between February 21 and 23, 2009. Gross auction sales surpassed $22.5 million, involving the participation of more than 410 registered bidders from 29 countries. More than 1,300 items were sold to 230 successful bidders. The company anticipates holding five more auctions in Dubai this year. “The large number of bidders and buyers at the auction was refreshing, and indicates that the market for used equipment remains strong,” commented Eric Montandon, CEO of WWA Group. "Prices were generally higher than at our December 2008 auction, and…