UBUY news......
auctionanything.com
Friday July 30, 2:30 pm Eastern Time
Company Press Release
SOURCE: International Internet, Inc.
International Internet Pleased to Announce Sale of UpForBids.com
BOCA RATON, Fla., July 30 /PRNewswire/ -- International Internet, Inc. (OTC Bulletin Board: IINN - news) announced today that it has sold its UpForBids.com project to AuctionAnything.com (OTC Bulletin Board: UBUY - news). Terms of the sale are undisclosed. The project, started in early May, was sold to AuctionAnything.com to facilitate a special niche project to be announced. The new site will be integrated into AuctionAnything.com's network at a later date.
International Internet has confidence in the management of AuctionAnything.com. They feel this transaction is consistent with their goals of identifying synergistic business opportunities and establishing equity interests in those situations.
International Internet, Inc. develops and operates Internet and direct retail marketing companies as well as venture funds focused on the Internet. The International Internet Group includes majority-owned subsidiaries Mr. Cigar Inc., StogiesOnline.com, Inc., ( www.stogiesonline.com ) The Broadcast Web.com, Inc. ( www.thebroadcastweb.com ) and Stogiesauction.com ( www.stogiesauction.com ), a joint venture with AuctionAnything.com (OTC Bulletin Board: UBUY - news). International Internet also holds a minority interest in Wowstores.com, Inc. (OTC Bulletin Board: WOWS - news; www.wowstores.com ) and Goldonline International, Inc. (OTC Bulletin Board: GDOL - news; www.goldonline.com ).
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 buy or sell the securities.
For more information, contact: The Hawke Group, Inc. Phone (954) 564-7114, or Fax (954) 564-9848
Visit our website at www.hawkegroup.com .
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. 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.
SOURCE: International Internet, Inc. |
