| Office Location |
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Abazias, Inc.
5214 Sw 91st Terrace
Suite A
Gainesville, FL 32608
(352) 264-9940 |
| Website |
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| www.abazias.com |
Abazias, Inc. operates as an online retailer of loose diamonds and fine jewelry settings for its diamonds. Its Web site showcases approximately 70,000 diamonds, as well as features various styles of fine jewelry. The company’s fine jewelry products include diamond, platinum, and gold jewelry; and its fine jewelry assortment includes rings, wedding bands, earrings, necklaces, pendants, and bracelets. Abazias also focuses on selected classic and contemporary designs. Its primary target market for its offerings is 25 to 45 year-old men. The company was incorporated in 2001 and is headquartered in Gainesville, Florida.
Abazias offers over 80,000 diamonds for sale direct to the public, valued at over $400 million - more than any online diamond company. Almost all of the Abazias.com diamonds are GIA, AGS or EGL certified. Abazias.com offers the "Couples Diamond®" which is required to meet even higher standards for cut, clarity and dimensions, of which less than 10% of all diamonds worldwide qualify. Abazias recently inked a deal to sell the exclusive Paris Hilton Watches which are now available on the site and sell for up to $250,000 each. Harbinger Research (linked below) suggests ABZA is undervalued.
Abazias was recently featured in an IDEX (International Diamond Exchange) feature about Online Jewelers Gaining Significant Market Share. This article, which paired Abazias with the likes of larger organizations like Blue Nile and Odimo, says online jewelersare causing traditional jewelers to re-think their business model. IDEX goes on to note that Abazias has made noticeable progress in increasing market share in the online jewelry industry, with revenues up by 46 percent versus the same period last year.
Several reasons to invest in Abazias now:
- $ 51 Billion Size (2002)
- Focus on $4.5 Billion Engagement Market
- 1% Market Share equates to $50MM Annual Sales
- Online Buying Growth up 42% over 2002 (IDC Research/Business Week, 12/8/03)
- Online Sales for Jewelry and watches were $900MM up 36% in 03 (Source Consumer Internet Barometer 1/3/03)
- First Public Company focusing on loose Diamonds sold direct to public over internet at discounts of up to 50%
- Largest Online database of Over 80k diamonds available for immediate sale
- Wholesale value available to public of over $400MM dollars
- Own exclusive line of Couples Diamond tm which is Super Ideal Cut status which less than 10% of diamonds in world qualify
- Industry leading state of the art interactive website
- Founded in October 01 Headquartered Gainesville, Fl
- Became Public in October 03 under symbol ABZS-OTC
- 12 month Trailing Sales $3.8MM
- Return Rate Since Inception 1%
- Low Cost Leader of Loose Diamonds on Internet
- Consistent Year over Year Growth since Inception
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Abazias, Inc.
