TMRT (2TheMart.com) "The Next E-Bay/Yahoo/AOL All-In-One?"
biz.yahoo.com
2TheMart.com's business strategy will be to launch its E-commerce and person to person trading community Auction Web site. The site, which is currently in final development, will provide a dynamic person to person auction environment, in direct competition to that established by eBay.com (Nasdaq:EBAY - news), and other online auctions such as those of Onsale Inc. (NASDAQ:ONSL - news); Excite Inc. (NASDAQ:XCIT - news); Ubid Inc. (NASDAQ:UBID - news); and Egghead Software (NASDAQ:EGGS - news), with enhanced features for the users of the site. The site, which is expected to be active by the second quarter 1999, is intended to be one of the largest and preeminent on-line auction sites on the Web.
To achieve this result, the company has retained the services of leading Web design and architecture consultants to design and construct the unique 2TheMart.com site. The site will contain a variety of useful tools for its users, such as e-mail access, chat room, security for transaction processing, escrow options, user feedback, and the ability to have real time, live video auctions. The company is designing the site to provide a full community environment among its users.
biz.yahoo.com
IRVINE, Calif.--(BUSINESS WIRE)--Jan. 20, 1999--2TheMart.com Inc.
(Nasdaq:TMRT - news; the ''company'') Wednesday announced that it has received $1.7 million in cash and commitments for an additional $1.5 million from the sale of shares pursuant to a private placement.
biz.yahoo.com
IRVINE, Calif.--(BUSINESS WIRE)--Jan. 22, 1999--2TheMart.com, Inc. (the ''Company'') (Nasdaq:TMRT - news), announced today in response to inquiries concerning the substance of its operations and business plan that it has secured funding for the final development of its new, state-of-the-art, E-commerce and auction website, which it expects to launch in the second quarter of 1999. The Company has secured a substantial portion of its funding through the strategic sale of some of its shares in a private placement to a select few high net worth individuals, including some found in the Forbes 400.
The Company is also in the process of finalizing engagements with a variety of consultants, including an engagement of one of the most preeminent web design and hardware firms in the world, which will enable the company to launch its Ecommerce and auction site on a fully scaleable, state-of-the art platform, able to accomodate millions of transactions. That engagement is expected to be finalized by the end of January 1999. Moreover, the Company is also finalizing its engagement of a preeminent financial and public relations firm.
Finally, the Company announced that is in final negotiations to secure 15,000 square feet of office space located in Orange County, California to house its headquarters and its initial technical facility. The Company expects to finalize those negotiations by the end of January 1999.
The Company's President, Dominic J. Magliarditi, has over ten years experience with startup and emerging growth companies. Since 1994, Mr. Magliarditi has been a principal of real estate development companies, having participated in the development of thousands of residences as well as commercial projects, including hotels. Mr. Magliarditi also has been involved in a variety of publicly traded enterprises over the past five years. From 1988 to 1994, Mr. Magliarditi practiced law in New York, NY and Las Vegas, NV, where he practiced primarily in the corporate, real estate and tax law areas.
Registrant:
BLI Enterprises, Ltd. (2THEMART-DOM)
135 E. Reno Avenue, Ste. F-7
Las Vegas, NV 89119
Domain Name: 2THEMART.COM
2themart.com
Administrative Contact:
Magliarditi, Dominic J (DJM218) nicmags@AOL.COM
702-795-8664 (FAX) 702-795-8691
Technical Contact, Zone Contact:
Registrar, Internic (RI52-ORG) internic-free@REGISTER.COM
212-627-4988
Fax- 212-627-6477
Billing Contact:
Magliarditi, Dominic J (DJM218) nicmags@AOL.COM
702-795-8664 (FAX) 702-795-8691 |
