Pennyo.com explodes onto the online auction scene!

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) November 26, 2011 -- MINNEAPOLIS MINNESOTA: Bargain shoppers and discount divas take notice: auction website Pennyo.com, a new leader in retail entertainment, is now available! Pennyo is dedicated to establishing its name as one of the most trusted names in penny auctions. Pennyo offers shoppers the chance to bid for electronics, laptops and gift cards for mere pennies.

To celebrate the kick-off of the holiday shopping season, starting on Friday, November 25 at midnight, anyone who enters the code “TENPERCENT” between November 25 2011 and January 1st 2012 will receive 10% off the price of any BidStack purchased.

“As the Web’s newest penny auction sites, we’re thrilled to offer all of our members VIP-status customer service and incredible discounts as they experience the fun and entertaining world of competitive shopping,” says Jamie Bistram, founder of Pennyo.com.

How does Pennyo.com work? Consumers place bids on items they want using BidStack credits they have purchased or earned through the Friend Referral (or other) program. Each time a bid is placed on an item, one Bid is deducted from their account balance and that bid increases the auction price by $0.01. Whoever placed the last bid by the time the auction runs out wins. Pennyo.com members can win items at mind-blowing prices and huge discounts off the MSRP.

To ensure that our members have the best experience possible, Pennyo.com enforces win limits and forbids intimidation tactics and bidding methodology designed to manipulate an auction’s outcome.

Pennyo provides a unique competitive shopping experience offering the opportunity to secure highly coveted items at deep discounts. To start, consumers place bids on items using credits that they have purchased, each time a consumer bids on an item, one bid is deducted from their account and the auction price increases by $0.01.

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