usell.com, Inc. (OTCMKTS:USEL) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition
On August 11, 2017, uSell.com, Inc. (the “Company”) issued a press release announcing the results of operations for the Company for the three and six months ended June 30, 2017. A copy of such press release is furnished as Exhibit 99.1 to this report.
The information in Item 2.02 of this report, including the information in the press release attached as Exhibit 99.1 to this report, is furnished to Item 2.02 of Form 8-K and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section. Furthermore, the information in Item 2.02 of this report, including the information in the press release attached as Exhibit 99.1 to this report, shall not be deemed to be incorporated by reference in the filings of the registrant under the Securities Act of 1933.
Item 9.01 Financial Statements and Exhibits
|99. 1||Press release dated August 11, 2017|
usell.com, Inc. ExhibitEX-99.1 2 s107152_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 uSell.com Reports Second Quarter 2017 Results First Half 2017 Growth of 8% in Revenue and 76% Decline in Operating Loss Additional Volume of Transactions Supported by Special Purpose Entity Sufficiently Capitalized for Growth Plans over Next 12 Months NEW YORK,…To view the full exhibit click
About usell.com, Inc. (OTCMKTS:USEL)
uSell.com, Inc. (uSell) is a technology-based company. The Company focuses on extracting the value from used mobile devices. It acquires products from both individual consumers, on its Website, uSell.com, and from carriers, retailers and manufacturers through its subsidiary, We Sell Cellular, LLC. These devices are then distributed across the world, which leverages an online marketplace where professional buyers of used smartphones compete to buy inventory in an on-demand fashion. The Company, through uSell.com, allows individual consumers to find cash offers for their items based on the make, model, and condition of each item. Upon accepting an offer, consumers can ship their devices for free using either a prepaid shipping kit or shipping label, and then track the progress of their orders online from initiation to final payment of their devices.