The PennyBurners Team wishes to take a moment and congratulate NailBidder.com on their newest acquisition, ScoreLuxe.com! As we've hinted at for the past two weeks, and again on the Friday night edition of PennyTalkRadio, ScoreLuxe has been in the process of some big changes, and this is the BIG change we were talking about!

ScoreLuxe contacted us in April regarding their desire to sell their site to a reputable buyer. They wanted to avoid selling their site publicly, and asked if we knew of anyone interested in acquiring their site. We inquired a few of our site owner-friends, and found that NailBidder was indeed interested in acquiring the assets of another site (they acquired the BidCricket assets earlier this year). Both NailBidder and ScoreLuxe were Verified by PennyBurners, NailBidder was the first site to get Verified before they opened.

What does 'Acquiring the assets' mean? It means that NailBidder purchased the parts of value from the  ScoreLuxe, instead of buying the whole site, which would include debts, fulfillment and other liabilities. In this case (as we are privy to the deal, making the introduction between the sites) NailBidder purchased the user base of ScoreLuxe. They also acquired some liability in the form of bids. ScoreLuxe just acquired OohILove's user base & bids liability in March. There was undoubtedly a lot of bids outstanding in the ScoreLuxe database, and NailBidder credited each user on a bid-for-bid basis. This was a generous way to welcome the users to NailBidder.

Sam Carnahan, former CEO of  ScoreLuxe told us in a phone interview: