About Us

Our management team is a dedicated group of experienced senior level executives, entrepreneurs, and business professionals. We have direct industry experience in owning and operating online businesses and successfully administering the critical component of web development and Internet marketing.

In addition to having the technical expertise required to properly launch and operate a penny auction website, our team has done what is expected of every professional internet marketing team: We have carefully researched and identified the target market and thoroughly prepared our marketing plan to effectively reach our audience.

As professionals, we operate with integrity and with a strong focus on providing the best customer service and customer experience in the industry.

Key Management Bios

Micheal C Holt, CEO

Mr. Holt has extensive experience in startup operations with 25 years of operations management experience and an emphasis in sales and marketing initiatives in working with small to mid-size firms.  He had owned and operated a nationwide seminar and event planning company as well as a real estate auction and investment company in San Diego, CA.  Mr. Holt also offers his expertise to business owners through personal consulting services where he teaches strategies on starting and building a successful business.  For over 18 years of his career, he worked for several fortune 1000 companies in a management and IT capacity for firms such as General Electric, Management Insights, Systems and Computer Technology, and Harcourt Trade Publishers where he held such titles as CEO and COO and Senior VP.  Mr Holt is now serving as CEO of Penny Auction Solutions, Inc.

Bob Van Leyen, CFO

Mr. Van Leyen is an accomplished CFO with 40 years of global experience providing financial and operational support to all levels of management in sales, marketing, R&D, and manufacturing organizations. He has managed large and small teams in Finance, Operations and has been a General Manager in the computer equipment, software tools and networking equipment business based in Europe, Asia and USA, establishing a strong global network. He is very experienced in running Corporate CFO, Treasurer, Audit as well as field teams as a VP of Finance/CFO, Director of Finance, Operations Director and General Manager in both public and private companies. He is fluent in Dutch, English, German and French.  In the period 2013 through 2105 he was a director on the Board of the Pan American Bank (a community bank in Los Angeles). He has also been a director on the board of Legrand Software Inc., a privately held CRM software company for the last 6 years. Mr. Van Leyen has been an owner and consultant of CFO Services Worldwide since 2012. His company provides financial and operational support to high tech and low tech companies (hardware, software, networking and distribution), addressing concerns on profitability, controls, effectiveness of financial reporting and analyses.

PAS Board & Key Advisors

David Wiggins, Audit Chairman

After working in marketing and sales for Coca Cola enterprises for over 8 years, Mr. Wiggins moved into the entertainment business joining TM Productions in 1994. Since that time he has become a part owner and Vice President of TM Productions. In 2007 Mr. Wiggins formed MND Events to produce and promote club/bar events, with the intent to bring back the production of the party scene, which has been neglected for years. MND Events worked with the state of Hawaii to bring Paradise Festival (www.paradisefestival.net) to the islands in May 2011 as an event celebrating music and what local island has to offer. Mr. Wiggins has expanded his entrepreneurial endeavors since 2012 to include buying and selling of abandoned storage units with much success. He also continues to acquire properties to develop into entertainment projects for film, television and stage. Mr. Wiggins is a partner in Neighbors Entertainment, a commercial and independent film production company that controls the many film, stage and book rights of the George Axelrod estate. He was a producer on the independent film “Em & Me” which has won numerous awards on the film festival circuit both here in the states and abroad. Mr. Wiggins also served as Executive Producer on the hit independent film “My Big Fat Independent Movie”.

John Johnson, J. Johnson Consulting, LLC

Mr. Johnson is currently the President, CEO and Managing Member for J. Johnson Consulting, LLC located in Aurora, Colorado and has been since he founded the company in 2004.  Mr. Johnson brings numerous years of contacts and business expertise to PAS.  Mr. Johnson, after volunteering and serving 8 years of active duty in the U.S. Army during the Vietnam conflict relocated himself and his family to the Denver, Colorado area where he has served in numerous sales and management positions beginning with the New York Life Insurance Company where he was the Rookie of the Year.  Mr. Johnson was recruited into the Investment Banking business in 1980 and spent the next 10 years raising tens of millions of dollars for startup and existing companies while serving in positions varying from Investment Broker to Sales Manager, National Sales Manager and Senior Vice President.  Desirous of a more laid back lifestyle Mr. Johnson got involved in the Golf industry where he spent 14 years in establishing 3 different companies dealing with both private and public golf courses and the individual golfer.  In addition, he opened lines of communication and marketing contracts with companies such as Glenlivet and MCI.  He has developed and maintains contact with the Major League Baseball Players Alumni Association (MLBPAA) and the National Football League (NFL).

Balazs Wellisch, Technology and Ecommerce Business Consultant

Mr. Wellisch is an accomplished internet entrepreneur and technologist having founded, operated and guided to acquisition several profitable online, consulting and e-commerce businesses.  Drawing on over 20 years of experience in computing and software development Mr. Wellisch has held several significant leadership roles throughout his career.  Mr. Wellisch founded and operated Neu Solutions, a provider of e-business optimization services, culminating in the company‚Äôs successful acquisition in 2008.  Previously, Mr. Wellisch served as Chief Technology Officer and Co-Founder of Digital Trends, growing the start-up into a multimillion dollar business while servicing several Fortune 500 companies among its clientele.  As a direct result of this success, Digital Trends was purchased by Change.com, a subsidiary of Business.com, in a lucrative acquisition deal.  Business.com was later acquired by Dex One (then R.H. Donnelley).  Mr. Wellisch has also served as Vice President of Engineering as well as Chief Technology Officer for several successful internet startups.