TOLEDO, Ohio, May 10, 2005 (PRIMEZONE) -- Greyfield Capital, Inc. (Pink Sheets:GRYF), is initiating a marketing program with eBay.com (Nasdaq:EBAY) for the sale/auction of automobiles from Canadian Autorama and other dealerships which the company has/will have distribution agreements with.
Greyfield is ensuring its shareholders that every market will be utilized to capture the peak revenue and profit for the company. This service is an additional marketplace that can enhance the overall sales of Canadian Autorama that a traditional brick and mortar dealer may not have access to.
A substantial increase in revenue is expected for the next quarter.
Greyfield Capital, Inc. is quoted on NQB Pink sheets as "GRYF."
About Greyfield Capital, Inc.
Canadian Autorama (http://www.theAutorama.com) is a highly profitable, fast growing premium automobile dealership in Canada. Canadian Autorama has been in operation for the last 3 years and has experienced explosive growth and is quickly becoming the largest automobile dealership in Western Canada.
CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.