Online Debt Auction Firm, Blue Sky Trading, Announces Opening

Denver ? Blue Sky Trading, a full-service online auction company, officially announced its opening by bringing a new debt portfolio to market. Company President Mike Colby, a 15-year debt-purchasing veteran, is pleased to offer the debt buying and selling community an alternative to the existing brokering options. Colby states, “The current market space is in need of creativity, and Blue Sky?s mission is to bring product to the marketplace from fresh sources that have gone untapped thus far.”

Blue Sky Trading was created to offer sellers and buyers of debt an easy-to-use online trading forum for profitable, mutually beneficial transactions. A high level of expertise and varied background allows Blue Sky to handle all types of portfolios — national, regional, and state. Blue Sky Trading deals with virtually all types of debt, including performing, non-performing, sub-performing, and charged-off accounts.

Combining current technology with professional innovation, Blue Sky Trading can evaluate a portfolio, establish its market value, promote the portfolio to a wide range of buyers, and bring the transaction to completion quickly and efficiently. Extensive database technology delivers fast, accurate reports and customized portfolio analysis.

Colby is experienced in all facets of distressed receivables management, starting his banking career at First Charter Bank in Denver where he was Chief Lending Officer. Since 1991, he has held key positions at a number of companies recognized for their leadership in the charged-off debt industry.

For more information on Blue Sky Trading, or to review or list a portfolio, contact Mike Colby at 303-736-9171 or visit www.blueskytrade.com