Webuy (RIP)

eBay, OneWay, EzyAuctioNZ, Sella & WeBuy (both deceased) and other local auction sites
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digidog
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Post by digidog » Sun May 17, 2009 2:46 am

While the WeBuy forums are still a very quiet place, one trader has come
up with a novel way of promoting WeBuy. By including the name in her
TradeMe auctions!
WEBUY SPECIAL - Retro Black and White BRANDT
http://www.trademe.co.nz/Browse/Listing ... =218626860

I'll bet that auction doesn't last long!

e-traderz
http://www.trademe.co.nz/Members/Listin ... er=2172725

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dobby
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Post by dobby » Sun May 17, 2009 9:07 am

This one will probably get an edit or two as well ....
*CAN BE SEEN ON ***TRADEME,***TRADEKEY.COM.***.eBAY.COM.UK....WEBUY....TRADE EXCHANGE....RURAL NEWS.....
http://www.trademe.co.nz/Business-farmi ... 307731.htm
Idealism increases in direct proportion to your distance from the problem.

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Foggyone
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Boom

Post by Foggyone » Sat May 23, 2009 11:53 pm

From the latest Newsletter, looks like a bomb hit!

after the week we’ve had at webuy we are glad tomorrow is a new one


SITE NEWS:
You will notice item numbers roaring up. We are in fact at all time records with listings and members – even after doing a redundant auction and member cull.There is a huge amount of new well priced product on the site. The bad news is that we have had some terrible problems with the site. On Wednesday, we had a system crash that deleted over 15000 auctions. Recovery is continuing. We are concerned we've been breached and continue to be guarded. Unfortunately, while we were able to recover most active auctions, so far we have been unable to recover closed auctions. We have already upgraded our system, both to guard against this type of thing happening again and to ensure a full and painless recovery if it does.
One hopes that members auctions can be retrieved, and if they have been breached, that members confidential information has not been lost. This is the sort of report that sometimes surfaces when sites have been thoroughly compromised and information usable in identity theft goes west.

As an aside my account shows a balance of $10. I am absolutely 99% positive I did not put any money into this account. Mmmmmm!
Google, the answer to so many questions!
-----------------------------------------------------

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bottles
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Post by bottles » Sun May 24, 2009 2:44 am

I wonder what they mean when they say they have done a "redundant auction and member cull"

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digidog
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Post by digidog » Sun May 24, 2009 3:27 am

It's hard to say and difficult to believe that Brooke would "cull" any auctions
when he's spent a lot of time making sure that the ones he has go round and
round with no buyers. His front page stats show an almost 20% increase in
the past two months.

29 March 2009 - 49004 items for sale
24 May 2009 - 57391 items for sale

Mind you, we've learned to take WeBuy's stats with a grain of salt, haven't
we. The randomising script on the front page currently shows...
you're one of 604 Webuyers browsing...
Yeah right!
;-)

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digidog
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Post by digidog » Sun May 24, 2009 3:48 am

The site has a crawler at the top of the page at the moment...
We apologise for any lost auctions or information. We believe we have
overcome the site disruptions, but are watching closely
Incidentally, I notice that WeBuy has a newish category...
Adult Only (soft. R18 NO hard)
Sort of defeats the purpose of an adult area, doesn't it?

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EzyAuctioNZ
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Post by EzyAuctioNZ » Sun May 24, 2009 7:03 am

I also noticed that you can browse the adult section (which contains sexually explicit items) without being logged into the site, or being challenged for age verification , so anyone underage could easily view it, I am pretty sure that there is some kind of law about that.
Cheers

Scott
http://www.ezyauctionz.co.nz

ionet
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Post by ionet » Mon May 25, 2009 4:49 pm

_

29 March 2009 - 49004 items for sale
24 May 2009 - 57391 items for sale

The sum of the category totals here:

www.webuy.co.nz/browse.php


comes out at just 30858 drifting pieces of plunder (including any double category listed junk & bits under multiple categories)

In just less than two days, where did the other 26,533 disappear to ? :shock:


M
Ultimate Auction Security: Kick 'em in the pants & sweep them under the carpet fast before anyone sees & hope they go away.

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dobby
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Post by dobby » Thu May 28, 2009 8:49 am

VERY IMPORTANT NOTICE TO ALL MEMBER/SHAREHOLDERS:

Dear fellow Webuy Shareholder,

If your Webuy account is validated or share credited then you own Webuy. You have a right to know the intent and direction Webuy is taking. So please take the time to read this important notice as we approach the next exciting level of Webuy’s development.

When we started Webuy it was reasonable for people to suspect we might not make it. The major shareholder put aside 20 million shares to be placed at the right time with Investors. Meanwhile the site development has been predominately funded by the major shareholder. He was not in a position to include others until there was a fair chance that the site could be taken to a successful level with the placement of those Investor shares.

We hope Investors agree the time is now right to look to place those 20 million shares at 10 cents each giving Webuy $2,000,000 (2million) to promote and further develop WebuyNZ, expand into other markets and start getting returns for all our member/owners. This move to fast track Webuy’s development would clearly have a major bearing on your share values.

After careful consideration we have terminated discussions with Bob Pritchard and his MarketForceOne, having reluctantly come to the conclusion that it would not be in Webuy’s best interests to proceed.

Although there are no pre-emptive rights for existing members to take shareholdings, those of you who wish to take up shares will be offered the minimum package, i.e., $1000 (10,000 shares) more or less by agreement. A level of 1 million share placement is our target.

We have not as yet identified our ideal Investors/Investment companies. Successful introductions would attract success fees. Contact admin@Webuy.co.nz

Webuy has 1000s more shareholders than virtually any of the public companies in New Zealand. We are at this stage a private, member owned (co-operative) Limited Liability company. Webuy has been substantially funded by one person, the capital is paid up and Webuy has no debts and members have no liabilities. So in a nutshell it’s a great deal for members. However Webuy also has regulations to heed in order to comply with Commerce Commission and Securities Commission requirements.

It is only reasonable to expect any Investor joining Webuy would do so on assessing the future to be bright. They would without doubt see a public listing down the line and they would want a certain level of involvement to protect and advance their investment.

So if we can pull this off it would be great for all of us. The Securities and Commerce Commissions may consider that Webuy will be required to produce a prospectus to put to Investors and possibly even to existing share holders . Webuy may well have a different opinion, believing existing shareholders can increase shares by right as the Investment shares are not being newly created. The company was originally formed with 20 million investor shares available and clearly stated in mission documents.

We are in the process of clarifying our position, but should there be stringent requirements of the Commissions then the promissory take up of shares would have to be substantial to warrant the many thousands of dollars to comply. If not then the position of the total will be reviewed.

You know, we can make a huge future together. All Webuy needs now is an influx of members on top of the thousands we already have. If we all started spreading the word and getting 3 or 4 online trading members, then each of you would be doing Webuy a favour, the new signups a favour and yourself a favour.

Together we can really take the “Webuy concept” to a high level. Why? Simple really. Webuy gives everyone a fair go. It gives everyone a chance to create their future with no capital investment. Webuy makes a profit and all its members gain. Other privately or foreign owned sites aren’t in the same street as Webuy.

Kindest Regards and spread the Webuy word "Fairness and inclusion for all”.

Brooke McKenzie

Director and major shareholder.
Idealism increases in direct proportion to your distance from the problem.

ionet
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Post by ionet » Thu May 28, 2009 12:46 pm

_
All Webuy needs now is an influx of members on top of the thousands we already have.

So some were lost with the previous week's crash & meltdown or did many run away in horror when they saw how secure the site & their data was, along with all the lost listings :shock:

We are at this stage a private, member owned (co-operative) Limited Liability company.


Companies Office suggests 96% owned by one family group.

A curious sort of co-operative company which has never given the majority of stakeholders by number any formal financial reports (set out in the Companies Act 1993) at any time :shock:

We hope Investors agree the time is now right to look to place those 20 million shares at 10 cents each giving Webuy $2,000,000 (2million) to promote and further develop WebuyNZ, expand into other markets and start getting returns for all our member/owners.

Anyone seen any financial statements since WeBuy started ?


$2 mil in new ca$h to a tinpot company whose shares were 2 years ago flaunted & given away with a value of a fraction of a cent & has never provided it's thousands of minnow shareholders any Financial Statements in the form like others do since it started ? :shock:


Someone has to be dreaming ;-)


Indeed, prudent investors with the necessary readies prepared to throw some at an internet company which has yet to prove itself or learn to properly communicate the facts & what it morally should be providing to it's stakeholders might be rarer now than the previously very rare hen's teeth only ocassionally seen before the Global Financial Crash cleaned out the vaults


Has the Weblitzer airship actually managed a successful lift off to prove it can generate any recognisable tangible value, or is it still fumbling around on the starting blocks looking for lost straws ? ;-)


Talking of being fair, leaving everyone in the dark by not providing financials must take the cake, along with the multitude of other sins coming up earlier in this thread ;-)


Bill English might need a hand pumping some fresh hot air into the Govt Books soon too , but a few million bicycle pumps might be needed for the job ;-)


M
Ultimate Auction Security: Kick 'em in the pants & sweep them under the carpet fast before anyone sees & hope they go away.

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dobby
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Latest newsletter ...

Post by dobby » Mon Jun 29, 2009 8:51 am

“At times one can only look on in amazement and ponder the sanity of the masses”

SITE NEWS:

Bit quiet at the moment with the great increase in product we had recently, slowed somewhat. The site is working well but we do ask members to report any problems and make suggestions. Membership also continues to move upwards.

BAMBOOZLING, BOOZBAMBLING:

When 800,000 views are attracted to a crapped out washing machine on TM and it selling for 4 times the price of a new one , one can only scratch ones head and wonder why we at Webuy persevere to break our backs to offer a successful member owned site, so ALL can benefit.

One wonders about the thinking process of people and whether we should persevere with our obstinate belief that sooner or later our Kiwi people will flick out where their best interests are served. Yahoo was once a penny stock. Imagine having got a shareholding in Yahoo for nothing.

Let’s seriously look at the TM monopoly;

TM has huge coverage . Webuy a fraction in comparison. That can be changed if the support spreads. We try hard and live in hope, but members have to help also.

TM is owned by Aussie fat cats. Webuy is owned by its Members. Which is the good deal? Surely Webuy fully deserves your, and your friend’s support.

TM fees are over double those of Webuy. TM has one function and that’s to relieve you of as much cash as they can get away with without creating major dissent amongst users. They will continue to go higher unless a serious alternate is supported to keep them honest. Surely it makes sense to support something you own part of.

We accept people must go to where the trade is, but surely you can also list the items on Webuy by simply using the TM importer. Login...mywebuy...TM importer

Logic states when people go to look at a dunger washing machine then they are also using the TM site as a time and socialising filler. It tells us that the Webuy community section needs serious attention.

OUR COMMUNITY:

We ask our members to login and make comment in the community section of Webuy. In Fact until 6 p.m the 30th June we will give you FIVE WEBUY SHARES for every sensible post you make in community. While you are there have a look at the live chat and the trivia room. Limit to 100 posts per member. Let’s crank it up and make a few webuy friends.

NETGUIDE WEB AWARDS:

It's time to choose your favourite websites again! Be sure vote Webuy as Best Online Shopping
Idealism increases in direct proportion to your distance from the problem.

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marika3
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Post by marika3 » Mon Jun 29, 2009 10:04 am

We ask our members to login and make comment in the community section of Webuy. In Fact until 6 p.m the 30th June we will give you FIVE WEBUY SHARES for every sensible post you make in community. While you are there have a look at the live chat and the trivia room. Limit to 100 posts per member. Let’s crank it up and make a few webuy friends.
So, being unsuccessful as an auction site, they decided to go for a blog site and run for Facebook? Now, that's funny.

If nothing works, may be something is wrong with your "shares currency", Brooke?
http://www.oneway.co.nz/member/marika3

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CliveHill
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Post by CliveHill » Mon Jun 29, 2009 11:23 am

Let’s seriously look at the TM monopoly;
TM is not a monopoly. You still look anyway?

http://dictionary.reference.com/browse/monopoly
Honesty and Integrity are always the best Policies !

ionet
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Post by ionet » Mon Jun 29, 2009 12:03 pm

_

Is the piggy bank getting near the bottom again ?

As newsletters go, anyone else sense a smell of desperation setting in about this news widdy, maybe as nothing appears to be working ? ;-)

Lost the highly touted Yanky mentor who was supposed to be solving every problem, a forum which attracts little participation, yards of lost plunder circulating around with few if any bids, it's a wonder the wheels & cogs haven't frozen over by now and the few who dared venture in didn't get frostbite in the process ;-)

Shares for posting in the forum, whatever next .. obviously an outfit which will go far if it doesn't fall over first and have to drag itself to the finishing line of the first stage in the marathon ;-)

Perhaps the morale of the story is that well supported sites can have very successful listings for dungers and then there are just dunger sites which have very few successful listings :twisted:

M
Ultimate Auction Security: Kick 'em in the pants & sweep them under the carpet fast before anyone sees & hope they go away.

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dobby
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Post by dobby » Thu Jul 02, 2009 7:15 pm

COMMENT:

One or two of our members criticised the last email as negative and one in fact suggested it was bullying. We apologise if anyone saw it either way. We at Webuy have a vision which we know is achievable. Our vision is a very active site with enough members to ensure a healthy dividend being sent out to all our members each year. Our vision is to see young parents smiling when they get a Webuy cheque. A cheque that helps with the power bill. A cheque that may replace the bald tyres to get the expired warrant. A cheque that buys better quality food for the family. That’s our vision and all it takes is others to share the vision and to spread that vision to others.

POSITIVES:

We had a great response to our giving shares for every forum post made. Well done.

SO

Until 31st July we are going to give member’s FIVE shares for every forum comment maximum 200 comments. This gives us the opportunity to get the forum going to where people want to visit. The shares will be transferred manually after the end of July.TM is owned by Aussie fat cats. Webuy is owned by its Members. Which is the good deal? Surely Webuy fully deserves your, and your friend’s support.

ALSO

We have opened a BLOG COMPETITION. Click on “community” and click the Blog button. There will be 10,000 shares at the end of July for the best blog. Give it a go. Even our major shareholder is baring his soul to get it all going.

ALSO

Thanks to spuddy there are currently 166 jokes in the joke forum in general. So we will also have a JOKE COMPETITION. The best joke in July will get 6,000 shares. Slightly raw jokes are fine but please members there are jokes that are to crude to put on paper, so please don’t.

ALSO

Remember that there is fabulous product on site at fine prices. If you buy something then you get buyer shares.

ALSO

Please remember we at Webuy are the good guys trying very hard to do something unique for the betterment of every member of Webuy. Sure we get frustrated. We know the magic bullet is there but don’t know how to fire it. Throwing money at it is not the solution and enough has been thrown. It is how we manage to create “want””desire” and create pride and sense of belonging in our site.

NETGUIDE WEB AWARDS:

It's time to choose your favourite websites again! Be sure vote Webuy as Best Online Shopping Site.
Idealism increases in direct proportion to your distance from the problem.

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