Up .08 cents today, 14.5% on 157,000 shares volume. That's a whole lot better. The low volume and 4-trades looked bad yesterday.
I didn't realize the auctions were news, I posted it earlier.
chart.stockwatch.com nice bounce, hope it isn't the dead cat type...This sounds good to me...
videoflicks.com
Videoflicks.com Announces Opening of Online Auctions
For Buying and Selling Rare or Unusual Videos
TORONTO, July 16, 1999 -- Videoflicks.com (CDN: VFCO.U), a leading online video retailer, today opened Videoflicks.com Auctions to help
people find, discover, buy -- and now sell -- virtually any video online.
Videoflicks.com's 60,000 customers are able to bid immediately in more than eight categories of rare and unusual videos. In the Videoflicks.com
tradition, the new service is easy to use, with innovative features for hassle-free bidding. By logging on to www.videoflicks.com, customers will
experience an authentic auction event, finding great bargains on new, unusual and rare videos. During the auction, consumers set their own prices.
The person with the highest bid at the close of bidding gets the goods.
The company boldly guarantees buyers a safe auction experience. The Videoflicks.com Auctions Guarantee covers purchases of up to $200 in the
event that a buyer does not receive what a seller promised. This is not insurance, there is no deductible, and there is no third party to deal with; it's a
simple guarantee. In addition, staff at Videoflicks.com directly inspect all videos before they are shipped to the buyer, another measure to ensure a
safe online auction community.
"Our community of video shoppers is the best online," said Videoflicks.com founder and CEO Michael Kavanagh. "Now, for the first time, anyone
can introduce their videos to that community. Whether you're a professional retailer or an individual with one item to sell, we know of no other way
to reach such a large customer base of rare video buyers."
To commemorate the opening of Videoflicks.com Auctions, all first-time winning bidders will receive a $10 Videoflicks.com gift certificate. Gift
certificates will be issued through August 31, 1999, and are redeemable at the Videoflicks.com web site.
About Videoflicks.com Inc.
Since its launch in 1995 as the world's first on-line video store, Videoflicks.com has compiled enviable growth and recognition. The company's
200% annual month-over-month growth in revenues has, until now, been based solely on word-of-mouth recommendations. The videoflicks.com
site received 14 million "hits" and one million unique visitors in May 1999 alone, more than doubling its statistics from the previous year.
Videoflicks.com focuses on customer service, fast delivery and reasonable prices. The company's representatives are primarily film/video experts,
enhancing service to the on-line buyer. Videoflicks.com offers more than 100,000 movie titles and has served customers in 60 countries worldwide.
Contact Marlene Hyder, Investor Relations,
or Michael Kavanagh, President, at 905-459-5471 www.videoflicks.com. |
