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New Owners to relaunch Crowd sourcing Auction Site’s new owners improve customer experience and product lineup


(Houston, Texas) --, a leader in crowd sourcing penny auctions, relaunched the popular website Sunday, May 6 with new ownership. The site has been redesigned with new cloud computing technologies, improved response times and enhanced customer support.

Our new ownership team has invested significant resources in new products and technologies that provide for a enhanced customer experience. “We have rededicated to its core customer values,” says CEO Jack. “We’re getting back to our OG roots with hot new products and a renewed commitment to customer service.”

The atmosphere at GankIt is unique where participants in the auctions and other services are called Original Ganksters or OGs. These OGs utilize established social media and good-hearted competition to bid on high quality merchandise a penny at a time. Everyday GankIt offers brand new products including electronics (such iPad 3 and Kindle Fire), designer clothes, gift cards, sporting goods and home furnishings.

Here’s how it works. OGs purchase bundles of bids and can either bid to win products or “Gank” to purchase the item at a discount to retail price. Each auction starts at $0.01 (one penny US) and increases by one penny with each bid. The last OG to bid on a product when time expires is the winner! In addition, with each bid that is placed the GankIt (Buy-It-Now) price decreases. This allows OGs to Gank cool new products at drastically reduced prices.

So what are you waiting for? Become an OG  today and see what all the buzz is about at



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