Zylotech Auction $30,000 Inventory of CCTV and Security System Stock

[maxi]

Heads up to all you tex in Sydney. Possible bargains????

[tagg]

bugger 15% 0n top of sale price is a bit much me thinks lol

Tagg

[intelliGEORGE]

bugger 15% 0n top of sale price is a bit much me thinks lol

Tagg

Yeah it is, and the shill bidding that goes on too.

[maxi]

never hurts to look, have had some descent scores on grays

[fandtm666]

yeah ive scored a few bargains from grays as well.

Be interesting what cctv gear they have, just a pitty im no where near Sydney for pickup

[bss904]

bugger 15% 0n top of sale price is a bit much me thinks lol

Tagg

plus gst which equates to 26.5% on top of your winning bid.

[maxi]

plus gst which equates to 26.5% on top of your winning bid.

gst is included in bid amount on almost all auctions

[CCTVguru]

Isn't the real question why do they need to dump stock?
If you look to Rexel, they did it because they were closing.

Are Zylotech also heading down a similar path ?

I would not touch it unless you know there is an alternate support path.

[intelliGEORGE]

Are Zylotech also heading down a similar path ?

Have a look at their site. in the ASX announcements section, interesting reading there... Could write a screenplay with the amount of corruption, mutiny and power struggles lol.

[CCTVguru]

Have a look at their site. in the ASX announcements section, interesting reading there... Could write a screenplay with the amount of corruption, mutiny and power struggles lol.

Good sniffing out.
doesn't look too good for them

[downunderdan]

Be very careful dealing with Grays.

We had an appalling experience with them in relation to non-delivery and a subsequent total refusal to co-operate in an amicable resolution.

Thankfully our credit card provider (Amex) told them to shove it. It pays to belong.

I have heard a number of negative rumours about Grays and I'm inclined to believe them all.