Yes I did at .51. Here is the PR
releasing on line Jewelery Auction site. Any replys welcomed.
Aution site for jewelery - only .52 at the close today.
International Industries Purchases Goldonline.com
BusinessWire, Tuesday, February 23, 1999 at 16:49
BOCA RATON, Fla.--(BUSINESS WIRE)--Feb. 23, 1999--International
Industries, Inc. (OTC BB:ININ) announced today they have purchased 98%
of Goldonline.com.
The acquisition was made for an undisclosed amount of cash and
restricted stock from Internet Expressions Company of Westport, CT.
Goldonline.com is a one-stop, premiere online jewelry store and is a
fully secured e-commerce site.
The company will be adding online jewelry auctions which will
include watches and other luxury jewelry items. It is expected the
format will be similar to other interactive Internet auction sites
such as the one run by eBay(Tm) (NASDAQ:EBAY).
Management's decision to make this purchase was based on two
major considerations. First, they feel this will produce an immediate
revenue stream to the company. Second, wholesale suppliers have been
secured which will allow the site to offer high quality items at
competitive prices with good profit margins.
International Industries is a holding company whose focus is
developing and acquiring e-commerce/internet sources of revenue. They
have published websites at stogies-online.com and stogiesonline.com
for online ordering and marketing of their products. Through its
majority owned subsidiary, Mr. Cigar, Inc., the company franchises
fully automated vending humidors.
This material was prepared and disseminated by The Hawke Group,
Inc. ("Hawke") for the Company discussed herein, based upon Company
supplied information or other sources believed to be reliable. The
information is not guaranteed by Hawke for accuracy or to be all
inclusive. Forward-looking statements in this release are made
pursuant to the Safe Harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
subject to certain risks and uncertainties and actual results could
differ from those discussed. This material is information only and is
not an offer or solicitation to buy or sell the securities. Hawke, its
affiliates, and/or its officers, directors and employees may from time
to time have a position in these securities. The Hawke Group has been
compensated by the Company.
CONTACT: The Hawke Group, Inc., Fort Lauderdale
Scott Phillips
Phone 954/564-7114, Fax 954/564-9848
Visit our website at www.hawkegroup.com.
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