Game Trading Technologies Buys 320,000 Used Video Games
March 17, 2010 (FinancialWire) — Game Trading Technologies, Inc. (OTCBB: GMTD), a firm focused on the pre-owned video game market, said that it has purchased over 320,000 units of video games and accessories from a national retail firm.
According to GTT, the retailer was looking to monetize defective and slow moving retail and rental merchandise.
Game Trading Technologies utilizes its proprietary game valuation database to provide sellers, including retailers, distributors, publishers, and individual consumers, optimum liquidation value for their unwanted items. The games and accessories acquired by the firm will ultimately find their way into the hands of consumers.
Maryland-based Game Trading Technologies is a video game trading services provider focused on valuation, procurement, refurbishment, and redistribution of pre-owned video games.
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