Posted By:
Doug AllenHey Guys,
Sorry for delayed response....church this a.m. and my 14 years old son is on a tournament team and the season has begun!!!
Let me try to answer a bunch of questions all at once...
We do use eBay resellers for some material but do not use Sandandy.
We do allow employees to both buy and sell in the auction.
I obviously don't have a problem with employees bidding in the auction as long as they do it in an honest manner. Funny thing is we have an "honest bid" system as my employees can't see who they are bidding against. I personally believe honesty is something you earn not something you build a marketing plan around! Every time someone makes an allegation about shilling a dozen people chime in that they have won things for much less than they are willing to pay. That is how you earn a reputation of honesty.
The amount of material consigned by Mastro and Mastro employees is pretty insignificant. I would say it amounts to about $200k of what looks like will be north of $10 million in material (2%). I am sure it never exceeds 5%.
Let me know if I missed anything.
Doug