Given this was our first auction, and people may not have been completely familiar with our Terms and Conditions, we were admittedly lenient in terms of enforcing the 14 day from invoice date payment requirement. However, as stated in the GUU Auction Terms and Conditions, we consider non-payment of winning items a very serious matter.
At the time of this post, we are assuming all winning bidders intending to make payment have already done so. As stated in our post on December 9th, there were a total of 117 winning bidders in the auction with many bidders winning multiple items. At this point, we have received payment from all but 3 winning bidders from the auction (a 99% collection rate). Also, as per our post on December 9th, in fairness to other bidders, consignors and GUU, those who did not pay will be banned from future GUU auctions.
We also stated in our previous post that those who did not pay will have their names posted on the forum. I am posting the names here so that everyone participating in GUU Auctions will know: a) we run an honest auction, and b) those bidding in the auction do not need to worry about false bids or bidding against individuals who incur no recourse for non-payment. Here are the names of the non-paying bidders:
1) Carl Bjornstal
2) Kenn Bryant
3) Shane Hughes
Please feel free to let me know if you have any questions.
Sincerely,
Chris Cavalier
At the time of this post, we are assuming all winning bidders intending to make payment have already done so. As stated in our post on December 9th, there were a total of 117 winning bidders in the auction with many bidders winning multiple items. At this point, we have received payment from all but 3 winning bidders from the auction (a 99% collection rate). Also, as per our post on December 9th, in fairness to other bidders, consignors and GUU, those who did not pay will be banned from future GUU auctions.
We also stated in our previous post that those who did not pay will have their names posted on the forum. I am posting the names here so that everyone participating in GUU Auctions will know: a) we run an honest auction, and b) those bidding in the auction do not need to worry about false bids or bidding against individuals who incur no recourse for non-payment. Here are the names of the non-paying bidders:
1) Carl Bjornstal
2) Kenn Bryant
3) Shane Hughes
Please feel free to let me know if you have any questions.
Sincerely,
Chris Cavalier
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