The Foundation Semen Division will be an on-line auction (SMARTAUCTIONS), conducted by Live Auctions.TV. The platform will be a racehorse-style timed auction. This will allow you to follow the auction and bid on-the-go. The technology frees you from watching every minute of the auction as it confirms winning bids and being outbid, the moment it happens, through a text message to your cell phone.
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SmartAuctions will invoice all buyers and release the item after payment is received. A credit/debit card will be required ONLY to verify identity for bidders, but you will not be charged for your purchases on your card UNLESS you specifically choose that option. If you pay with a card you will be charged a 5% transaction fee. If you pay by check after receiving an invoice via e-mail from SmartAuctions the 5% transaction fee will be waived.