The information is only starting to ooze out today, but Bidxcel, an online ‘penny auction’ appears to have closed for business suddenly and unannounced!

Following in the footsteps of similar Penny Auctions like Zeekler, the Bidxcel website today suddenly shows this:

While the few representatives I’ve spoken with had no knowledge this was coming or the specific reasons, recent history with these programs hints that perhaps the government started taking a closer look at the program and threatened action!

If you’re a Bidxcel representative and have any additional information, please let us know and I’ll update this!

If you’re a penny auction representative who’s been burned once, twice, or many times – why do you keep going back to a failed business model hoping the next one will have fixed any problems?

A solid company, with real products you can share and that help people change their lives is the solution to build a long-term, sustainable income!

Any updates I find I'll post here and on my blog: http://jonrpatrick.com/2013/03/bidxcel-shuts-down/

JP